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I don't think that works when the companies aren't in the U.S. >the Pentagon relied on one production line for key chips, and that production line, owned by Ab
by wildrhythms 5y ago
I don't think that works when the companies aren't in the U.S.
>the Pentagon relied on one production line for key chips, and that production line, owned by Abu Dhabi-controlled Global Foundries, just sold it off to a firm that will shut it down.
- atlasunshrugged 5y agoYes, I don't think it works for foreign owned entities although I guess they could basically use the DPA as more of a carrot for an Intel or someone to have a guaranteed purchase order for X# years at a certain price for these chips at a level that would be profitable for them
- mrtnmcc 5y agoGlobalism, why war is obsolete.
- atlasunshrugged 5y agoKinetic conflict anyways. Economic warfare seems alive and well
- BeFlatXIII 5y agoSanctions are a euphemism for economic warfare.
- LogonType10 5y agoFunny, that's what they said before WW1.
- seanw444 5y agoDid they though?
- mrtnmcc 5y agoIf they did, the World Wars proved the point, such conflicts are in nobody's interest.
- LogonType10 5y agoWas the US not better off after WW2?
- FpUser 5y agoBet it won't be better off after WW3. Nobody will except maybe some primitive tribes in forgotten places.
- LogonType10 5y ago[flagged]
- FpUser 5y ago>"I've heard this cold war doom and gloom stuff way too many times." Why would I care what you've heard. I expressed my opinion. I do not need "good reason" for it. You are entitled to your own. Go start the war and celebrate.
- dang 5y agoCould you please stop posting unsubstantive and/or flamebait comments to HN? You've unfortunately been doing this a lot, and it's not what this site is for. We're trying for something other than internet default here. If you wouldn't mind reviewing https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html and taking the intended spirit of the site more to heart, we'd be grateful.
- bcrosby95 5y agoIt was better off because it didn't have its major industrial cities firebombed while every other country did.
- 5y ago
- JasonFruit 5y agoIt's not out of date, it's retro.
- pm90 5y agoIf the company is not in the US, they can use coercion through diplomatic channels. This appears to be a lack of willingness or incompetence to react to this event. Considering that the factory itself is in the US, it seems pretty absurd that it wasn’t taken over. Like do we ground all our B2s if we run out of spare parts and nobody is around to make them? Insane.
- legutierr 5y agoIt is very doubtful that the factory itself is foreign-owned. It's more likely directly owned by a US corporate entity, and Global Foundries held ownership in that entity. In any event, the Defense Production Act does not have an exception if the business is foreign-owned. The President's powers are very broad. The scenario described in TFA is exactly why the Defense Production Act exists, and I am also curious to know why it wouldn't be invoked in this case.