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Note: I'm a left leaning liberal, who thinks that our system is fucked when it comes to taxes and how we distribute money... Spend about a day catching up on w

Note: I'm a left leaning liberal, who thinks that our system is fucked when it comes to taxes and how we distribute money... Spend about a day catching up on where the Ukraine conflict is. Up to speed: good! You will have noted that not having domestic chip production has fucked Russia, and the restrictions on china are to inhibit pass through and limit what they too can do. You dont give a potential advisory (china) leverage (Taiwan as the sole place chips are made).

konfusinomicon 3y ago
left leaning liberal and fiscally responsible... I see you too are a member of the silent(ced) majority and i agree with your assessment
johnkizer 3y ago
I understand the argument for national security. Having said that...where's the accountability if what they build is terrible? Where's the return to the investor (the public) if they succeed? I'm not saying the government should just take over businesses...but if the government is going to essentially be an investor in a business, it should be at least as rigorous as a private investor would be.
- signatoremo 3y ago
  Maybe read this to try to answer your own question? https://news.ycombinator.com/item?id=39911733 https://news.ycombinator.com/item?id=39911733 Sometime I don’t understand HN. Such an informative article gets no traffic, yet people jump to a sensational article to discuss the very topic covered in details over there.
  - mattmaroon 3y ago
    Most of us don’t see articles that don’t hit the front page.
- gruez 3y ago
  Presumably because it's cheaper to pay intel to set up a foundry in the US and allow them to keep all the money that results from it, than it is to pay them to set up a foundry and demand a % of the revenue.
mellow-lake-day 3y ago
Invading Ukraine fucked Russia Even if Russia could make their own chips invading Ukraine would still be a very bad idea and has completely dragged down Russian future prospects. They have isolated themselves on the world stage.
- ReptileMan 3y ago
  #define WORLD WESTERN_EUROPE_JAPAN_SOUTH_KOREA_AUSTRALIA_NORTH_AMERICA Quite a big chunk of the world is happy to deal business with Russia and they are not that isolated.
  - MomoXenosaga 3y ago
    They became like Mongolia: China's bitch.
  - mellow-lake-day 3y ago
    Russia has resorted to selling oil to North Korea because they no one else will buy it. That is isolation. Russia is also working to remove Taliban from list of terrorist states. These are Russia's "friends". But isolation here also applies in political sense. There is no political support for Russia's invasion from the rest of the world. Even China has not approved the invasion.
    - zrn900 3y ago
      You people are delusional: https://www.eiu.com/n/russia-can-count-on-support-from-many-developing-countries/ https://www.eiu.com/n/russia-can-count-on-support-from-many-... https://www.nytimes.com/2024/02/22/us/politics/russia-war-anniversary-sanctions.html https://www.nytimes.com/2024/02/22/us/politics/russia-war-an... Its not Russia who is isolated. https://www.politico.eu/article/west-more-united-also-isolated-war-ukraine-russia-nato/ https://www.politico.eu/article/west-more-united-also-isolat... > Russia has resorted to selling oil to North Korea because they no one else will buy it Literally delusional: https://energyandcleanair.org/december-2023-monthly-analysis-on-russian-fossil-fuel-exports-and-sanctions/#:~:text=They%20are%20followed%20by%20India,%25)%20and%20Turkey%20(5%25) https://energyandcleanair.org/december-2023-monthly-analysis.... Let the Indian FM explain - the second biggest buyer of Russian oil on the planet. https://www.youtube.com/watch?v=GmsQaWZPvtQ https://www.youtube.com/watch?v=GmsQaWZPvtQ ... While the first link in my comment is the 4th result in the related Google search, the first one is this below horsesh*t that literally falsifies what the Economist's Intelligence unit and NYT and various others now openly state: https://www.veridica.ro/en/fake-news/fake-news-russia-is-supported-by-85-of-the-earths-population https://www.veridica.ro/en/fake-news/fake-news-russia-is-sup... This is how they deceive your lot and have you live in delusion.
scoopdewoop 3y ago
I would love to hear any explanation for why they should get a penny of taxpayer money after spending >$150B in stock buybacks. They spent their money on enriching the rich.
- zer00eyz 3y ago
  Chip made here is a matter of national security. Full stop. I said I would like a better tax policy (that would address your issue) but that doesn't change the need. You may not like it, I am not fond of it, but we are now Rome. THE US's military might is the same as Romes, the legion (the navy being the 2nd largest Air Force on the globe says it all). You know what happened when the legion got weak? The barbarians came in and ate Rome. It wasnt fast, and it wasnt pretty.
  - FactKnower69 3y ago
    this is such a hysterical post dude. comparing america to the collapsing western roman empire, patriotically (Note: I'm a left leaning liberal)
  - Dalewyn 3y ago
    >Chip made here is a matter of national security. Chips made in Taiwan is a matter of national security, or the lack thereof. Chips made literally anywhere else, including China, are fine; China might blow up Taiwan, but Taiwan can't reciprocate and the west will not fight China.[1] I say that as someone who likes Intel, wants to see Made in USA come back, and abhors Chinese geopolitical ambitions. The bottom line that shall not be stated is nobody wants to deal with Taiwan and everyone is happy dealing with China. [1]: https://www.tomshardware.com/pc-components/cpus/intel-staves-off-amd-and-china-critics-to-keep-exclusive-export-license-to-huawei-intel-sells-90-of-cpus-used-in-the-companys-laptops https://www.tomshardware.com/pc-components/cpus/intel-staves... ------ >THE US's military might is the same as Romes The US military can't do a single thing about a bunch of misguided cavemen lobbing missiles into and stealing freighters from the neighbouring shipping lanes. For that matter, the US military hasn't won a war since WW2. The numbers might look impressive, but in practice it's vapid. Obama even went on record that the US is retiring from policing the world. Note: I say this as an American.
pokstad 3y ago
Part of the USAs superpower is letting the market decide where to invest. China micromanages its economy and can’t anticipate everything the market can.
zrn900 3y ago
> You will have noted that not having domestic chip production has fucked Russia, and the restrictions on china are to inhibit pass through and limit what they too can do. You must have caught up on the Ukraine conflict from the places that have been claiming that the next Wunderwaffe (TM) will surely change the war for 2 years now. Russia is perfectly able to feed its own domestic daily demand on chips and everything else, not only Chinese but even European products are entering Russia through intermediaries still, and their economy doubled its growth. The smoke screen that the corporate media creates on this conflict is much bigger than the one they created on the Iraq war.

konfusinomicon 3y ago

left leaning liberal and fiscally responsible... I see you too are a member of the silent(ced) majority and i agree with your assessment

johnkizer 3y ago

I understand the argument for national security. Having said that...where's the accountability if what they build is terrible? Where's the return to the investor (the public) if they succeed? I'm not saying the government should just take over businesses...but if the government is going to essentially be an investor in a business, it should be at least as rigorous as a private investor would be.

signatoremo 3y ago
Maybe read this to try to answer your own question? https://news.ycombinator.com/item?id=39911733 https://news.ycombinator.com/item?id=39911733 Sometime I don’t understand HN. Such an informative article gets no traffic, yet people jump to a sensational article to discuss the very topic covered in details over there.
- mattmaroon 3y ago
  Most of us don’t see articles that don’t hit the front page.
gruez 3y ago
Presumably because it's cheaper to pay intel to set up a foundry in the US and allow them to keep all the money that results from it, than it is to pay them to set up a foundry and demand a % of the revenue.

mellow-lake-day 3y ago

Invading Ukraine fucked Russia Even if Russia could make their own chips invading Ukraine would still be a very bad idea and has completely dragged down Russian future prospects. They have isolated themselves on the world stage.

ReptileMan 3y ago
#define WORLD WESTERN_EUROPE_JAPAN_SOUTH_KOREA_AUSTRALIA_NORTH_AMERICA Quite a big chunk of the world is happy to deal business with Russia and they are not that isolated.
- MomoXenosaga 3y ago
  They became like Mongolia: China's bitch.
- mellow-lake-day 3y ago
  Russia has resorted to selling oil to North Korea because they no one else will buy it. That is isolation. Russia is also working to remove Taliban from list of terrorist states. These are Russia's "friends". But isolation here also applies in political sense. There is no political support for Russia's invasion from the rest of the world. Even China has not approved the invasion.
  - zrn900 3y ago
    You people are delusional: https://www.eiu.com/n/russia-can-count-on-support-from-many-developing-countries/ https://www.eiu.com/n/russia-can-count-on-support-from-many-... https://www.nytimes.com/2024/02/22/us/politics/russia-war-anniversary-sanctions.html https://www.nytimes.com/2024/02/22/us/politics/russia-war-an... Its not Russia who is isolated. https://www.politico.eu/article/west-more-united-also-isolated-war-ukraine-russia-nato/ https://www.politico.eu/article/west-more-united-also-isolat... > Russia has resorted to selling oil to North Korea because they no one else will buy it Literally delusional: https://energyandcleanair.org/december-2023-monthly-analysis-on-russian-fossil-fuel-exports-and-sanctions/#:~:text=They%20are%20followed%20by%20India,%25)%20and%20Turkey%20(5%25) https://energyandcleanair.org/december-2023-monthly-analysis.... Let the Indian FM explain - the second biggest buyer of Russian oil on the planet. https://www.youtube.com/watch?v=GmsQaWZPvtQ https://www.youtube.com/watch?v=GmsQaWZPvtQ ... While the first link in my comment is the 4th result in the related Google search, the first one is this below horsesh*t that literally falsifies what the Economist's Intelligence unit and NYT and various others now openly state: https://www.veridica.ro/en/fake-news/fake-news-russia-is-supported-by-85-of-the-earths-population https://www.veridica.ro/en/fake-news/fake-news-russia-is-sup... This is how they deceive your lot and have you live in delusion.

scoopdewoop 3y ago

I would love to hear any explanation for why they should get a penny of taxpayer money after spending >$150B in stock buybacks. They spent their money on enriching the rich.

zer00eyz 3y ago
Chip made here is a matter of national security. Full stop. I said I would like a better tax policy (that would address your issue) but that doesn't change the need. You may not like it, I am not fond of it, but we are now Rome. THE US's military might is the same as Romes, the legion (the navy being the 2nd largest Air Force on the globe says it all). You know what happened when the legion got weak? The barbarians came in and ate Rome. It wasnt fast, and it wasnt pretty.
- FactKnower69 3y ago
  this is such a hysterical post dude. comparing america to the collapsing western roman empire, patriotically (Note: I'm a left leaning liberal)
- Dalewyn 3y ago
  >Chip made here is a matter of national security. Chips made in Taiwan is a matter of national security, or the lack thereof. Chips made literally anywhere else, including China, are fine; China might blow up Taiwan, but Taiwan can't reciprocate and the west will not fight China.[1] I say that as someone who likes Intel, wants to see Made in USA come back, and abhors Chinese geopolitical ambitions. The bottom line that shall not be stated is nobody wants to deal with Taiwan and everyone is happy dealing with China. [1]: https://www.tomshardware.com/pc-components/cpus/intel-staves-off-amd-and-china-critics-to-keep-exclusive-export-license-to-huawei-intel-sells-90-of-cpus-used-in-the-companys-laptops https://www.tomshardware.com/pc-components/cpus/intel-staves... ------ >THE US's military might is the same as Romes The US military can't do a single thing about a bunch of misguided cavemen lobbing missiles into and stealing freighters from the neighbouring shipping lanes. For that matter, the US military hasn't won a war since WW2. The numbers might look impressive, but in practice it's vapid. Obama even went on record that the US is retiring from policing the world. Note: I say this as an American.

pokstad 3y ago

Part of the USAs superpower is letting the market decide where to invest. China micromanages its economy and can’t anticipate everything the market can.

zrn900 3y ago

> You will have noted that not having domestic chip production has fucked Russia, and the restrictions on china are to inhibit pass through and limit what they too can do. You must have caught up on the Ukraine conflict from the places that have been claiming that the next Wunderwaffe (TM) will surely change the war for 2 years now. Russia is perfectly able to feed its own domestic daily demand on chips and everything else, not only Chinese but even European products are entering Russia through intermediaries still, and their economy doubled its growth. The smoke screen that the corporate media creates on this conflict is much bigger than the one they created on the Iraq war.