INTEL HAS SCREWED US ... WITH THE BLESSINGS OF BIDEN/HARRIS!

INTEL IS SCREWING US. BIDEN APPROVED IT!
Ineffective and backward policies are eating up our money.

Joe Biden gave … yes gave … Intel $8.5 billion dollars in direct funding. He further guaranteed another $11 billion in loans for Intel. So why is it that only five months later Intel is withholding stock dividends, laying off 15,000 employees, and making so many cuts when they should be awash in cash.

How about this? It’s a money laundering scheme planned by the Democrat National Committee and spearheaded by empty headed Joe Biden. Yet another ‘spend it even if you don’t have it’ decision of Joe Biden. This guy gives money away like Halloween candy.

Here’s the link: https://nypost.com/2024/08/01/business/intel-cuts-whopping-15k-jobs-posts-1-6b-loss-just-months-after-getting-biden-funds/

NY Post tells us: In March, President Joe Biden celebrated an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants around the country, talking up the investment in the political battleground state of Arizona and calling it a way of “bringing the future back to America.” At the time, Gelsinger called the CHIPS Act “the most critical industrial policy legislation since World War II.”

So what the Hell happened? Only months after receiving over 8 billion dollars, they announce huge budget cuts and layoffs. Where did the money go? It’s time for an audit! Heads will have to roll for this thing!

This is just one of many examples of Biden’s ‘spend-it-all’ policies.

I’m Max, and that’s the way I see it!