#senate #chips #news
Yahoo Finance Live’s Dave Briggs checks out the Senate’s vote deciding to push the CHIPS and Science Act forward.
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Yeah that’s really going to help
what? flying potato chips?
Stop corporate welfare already.
Gee wiz… Who could have guessed this would pass congress?
** Other than those who follow Paul and Nancy Pelosi’s dirty insider trading scams, right? **
They buy the stock. Use tax payer money to boost the value. Make millions in profits. Then tell us how it’s a great thing for us to pay for it all.
We are in the middle of the greatest wealth transfer in the history of this country. Our politicians are taking all of our money and keeping it for themselves. You will own nothing and be happy.
a good bill thats going to really bring back a lot of lost jobs! Good job!
A good that doesn’t require them to bring back jobs.
It’s literally a bad bill.
A bill that is meant to bring back jobs but doesn’t require them to bring back jobs. Is a bad bill.
I think they’re going to take Biden’s brain and use it to make potato chips. They’ll be sold everywhere under the Big Guy brand. Their marketing slogan will be: “Come on, man! You know… The Thing!”
TRUMP 2024!! Because it scares the hell out of Democrats
Trump 2024 the hell scares the hell out of Democrats there I go again are you uneducated you you got s*** on your brain he ain’t even going to make it up to the party he’s going to prison
Who is the hot guy reading the news?
Me
As if they needed this, they already bring in billions without our help. Why are we floating corporations with our funds instead of healthcare or childcare?
So this was her husband’s big investment last week.
You do realize it has bia partisan support right?
@@meoff7602 barely
@@petersdinkladge9551 Almost half isn’t barely. That’s an extra 10 more than needed. By the way. Learn the show.
Only reason Republicans voted no was because it was going to safely pass anyways. They all know very well in advance whether or not a bill is going to pass or not. The actual show of the vote is just the final stamping process.
@@petersdinkladge9551 by the way when they were also given the chance to vote against politicians being able to trade in stocks. Almost every Republican voted no. So you don’t get cry now that are doing it. Like Republicans are heros. Push comes to shove they still want to deal it inside or trading. Guess the ones that voted no didn’t have any stock.
@@meoff7602 not sure why your so butt hurt over Nancy pelosi and her ilk inside trading jeez have some morals
holy hell, bro i was watching stuff about the chips act I swear almost a year ago…. no way you mean to tell me its taken this long to pass one of the most important bills made to fight china this is ridiculous hurry up already
Paul Pilosi, is that you?
@@fauxque5057 don’t fight China you’re hated, if you fight China you’re hated. You’re just upset that Dems won and are looking for reasons to bitch
This isn’t about fighting China. This is about Intel extorting taxpayer dollars out of the US government in retaliation for the tax they left the US to escape in the 80s. They should stay in Asia if that’s the only place they can economically manufacture products. If it’s too costly to do it here on US soil there’s no reason we should all have to make up the difference.
Hay bud the chips are IBM MICROlets see chinease owned bro
Send Pelosi to taiwan!!!
People who comment on welfare may be Chinese govt supporters. They are fine with Chinese and Koreans and Taiwanese and Singapore subsidizing.
No we just realized there’s literally no strings attached to this corporate giveaway and they don’t actually have to move anything back to America to get that money.
So why am I against this bill?
Because there’s no guarantees that these companies have to move manufacturing back to America. The key word is “have to” not choose to.
This is a terrible bill
Ok John Frank, explain what makes it terrible.
What kind of chips? Like sour cream and onion?
buffalo chips
Frank and Poncherello. They wanna put the band back together
Bitcoin mining ASICs most likely. Probably nothing of benefit to consumers.
@@stickyfox so u think like a salt and vinegar then?
Chips a hoi.
She has to pass it, her husband just invested millions in it!
So, your against bringing manufacturing back to the USA?
@@paulforester6996 No, I’m against not requiring them to bring manufacturing back to get the money.
As the bill is written now. It’s simply a bribe hoping the industry will bring jobs back.
Hey DB, it’s passing with support across the aisle.
It’s not just Nancy looking to get a kick back. Plenty of Republicans getting in on the action.
EVIDENCE instead of QAnon rumors would be nice. LOL
Robert. Look it up lazy one it shows where Paul Pelosi bought 5k Nvidia shares in July . Typical dem wants everyone to do it for you
These microchip companies moved out of the US to produce in China. Along with their move thousands of Americans lost their jobs. So….let’s award these companies with 76B in incentives to move their companies back to the US. Makes no sense. If they threaten to move to some other nation like Mexico….let ’em do it. They’ll probably end up there anyway. Perhaps we should give NEW COMPANIES an opportunity to get into the Chip making business. It’ll probably be cheaper than to let these azzholes back. I’m curious if the government will up the amount of foreign worker Visas so they can fill the top paying jobs with them instead of hiring Americans. Disgusting.
Right on point.
Taiwan produces almost 90% of chips worldwide my dude. Why do you think China wants to invade Taiwan?
@Dobe Mom – The reason why this happened is because FINALLY our government realized that manufacturing chips and producing micro-processors is critical to national security. Our national defense and critical public infrastructure (power, water, communications, etc.) and the micro-processors that are the brains to operate it MUST be manufactured in the U.S. even if not exclusively. COVID was a wake-up call. We cannot rely on our enemies to supply us with anything that is critical to public safety or is a risk to our democracy.
In what part of the video did you not understand the word “domestically”, the money is going towards businesses currently or developing in the US. The money will not go towards any chip makers overseas.
Darn straight. Infuriating.
No tax payer money to China!!
In unrelated news all of these congressidiots invested in the chip industry recently.
Nothing like bailing out Corporations that don’t need bailed out. Sending millions to democrat donors, and making sure certain people get their ” fair” share of the profit.
Way to ” look out for America”
Go figure why their approval is so low
Republican donors aren’t corrupt in this persons mind lol
GOP did the same thing with their donors and the coronavirus money.
@@Charlie_Loves Maga Republicans are replacing the neocons and rinos.
Let’s get back to being energy independent. It was really nice.
@@jsonjsoff that doesn’t change the fact that Republican donors are corrupt as well.
“Democrat donors”? The word is “democratic”. How do you know they don’t donate to any republicans? Do you ever complain about GQP donors like fossil fuel corporations, untaxed ultra-right-wing churches, or any other conservative lobbyists?
Of course they voted to pass it. They’re all insider trading
Prove it then and get famous. LOL
Pelousy probably owns investments in this and that’s why it is moving at lightening speed to get approved.
Her husband just spent a couple million on chip stocks. It’s called insider trading if your like us . It’s called being lucky if your a politician.
and windmills cause cancer. LMAO
It’s not a probably her husband bought 5k shares of Nvidia in July.
She said no when questioned
Most of our politicians are invested in big corporations, and most of their decisions are made out of self-enrichment. Look at what happened during the pandemic.
Good thing it takes 6-9 months to build a waffer. So don’t expect car prices to drop any time soon.
Reminder that there’s nothing wrong with buying used
I fail to see why that’s a good thing.
@@jerryborjon used cars are just as expensive right now. It’s ridiculous.
@@paul16451 it’s not at all. I’m just informing people because most don’t know that this dump of money won’t be some kind of instant fix.
Why does this sound like a top secret government plan to microchip every single American they possibly can to track them and watch them
The Pelosi’s just cashed in!
Paul pelosi sold all his NVDA stock for a loss to save face before the act was passed. Pay attention
Thanks, Q-tip, for your useless input.
Yeah, probably to make chips to put in your right hand or forehead. Just do your part as a Global Citizen and chip in!Lol!
Of course they did they invested in chips last week. It’s called insider trading. Didn’t Martha go to jail for that?
Exactly the pelosi’s are guilty as hell
@MountainMystic Not exempt if we had The Rule Of Law. The Rule Of Law = laws apply to all.
@MountainMystic they are not exempt and you are a sheep . It’s a crime but politicians don have to follow the law.
@@abram730 STFU! In America politicians above all laws!
Free Pringles for all!
The bill needs to be ammended to include a ban on government contracting with or providing any sorts of subsidies or tax benefits to NVIDIA until such time as the Pelosi’s have sold off all their NVIDIA holdings.
who cares. you would have done the same thing
@@hottlatinoboi So you like your Congress members manipulating the stock market using taxpayer monies in order to enrich themselves? Let me guess, you’re a never-employed leftist that has never paid any significant amount of taxes.
Nancy and her husband made millions on insider trading. The rich get richer on government welfare.
Have the Department of Defense make the Microchips. Don’t reward bad behavior (of the microchip companies) with more damn bailout money.
The DoD does not manufacture anything. They job things out to the very corporations we both think make too much money as it is.
Would you trust a chip made by a government agency in this administration?
This is not a bailout.
I mean pretty cool but most of this is going to a general fund to be no doubts pilfered by the connected ones.
Preparing for vaccine chips in our hands, like they’re doing in Sweden. Things are about to get quite sinister very soon
Corporate welfare and pet payouts for Democrats on the backs of the working class people of the Country. Shame on the Democrats & Republicans that voted to spit in the faces of the Americans who will be the ones that suffer.
Nobody saw this coming when all of our chip manufacturing moved to China to save 3 cents??
Get the government out of business. Tac dollars should not go to any individual or business. Ever. This includes all aid for all reasons. No welfare, no emergency aid for natural disasters, nothing. Ever. It is not the job of government.
Corporate welfare at its finest. Remember when the GOP gave these corporations a massive tax cut because, what has government ever done for them? Remember this the next time they complain about stimulus payments and aid for struggling working Americans because “inflation”.
Pelosi‘s options 📈📈📈
Great, more corporate welfare
Did anyone else read “Chips” as in Pringle Chips? Lol
NEITHER party should take credit for this and if they do shame on them. The manufacturing of chips for micro-processing is a U.S. NATIONAL SECURITY IMPERATIVE and public risk. The driver that got this done was FINALLY the realization by our U.S. intelligence community and convincing Congress they MUST act to protect the public and our infrastructure (defense, power grids, communication, etc.) Now, we need to make sure the government doesn’t misappropriate the funding by manufacturing chips for the wrong application (national security first) in the wrong order and to take whatever measures necessary to secure the manufacturing process itself from evil wrong-doing.
So are they going to bring back classic Doritos from the 90s?
Taco flavor. Jill’s fav
All the politicians doing insider trading are happy making more millions
Of course they did!
Pelosi laughing all the way to the bank 🏦
Prove it and make yourself famous. LOL
John Baker and Frank Poncherello should be involved
Ah, socialism for the rich, while its capitalism for the poor.
Pelosi is pushing for this while her husband invested $5 million into Nvidia stock which will get the largest sum of the $53 billion subsidies. Peace ✌️
They’re all in cahoots, with the markets, insider trading and whatever else they are all hiding, but yet they can’t pass a bipartisan bill to help the economy or the country !
🧐 There is a gray, hazy, practically indistinguishable boundary between taxpayer-subsidized crony capitalism and free-market-enterprise capitalism.
I believe in SCIENCE
Insider trading
All I see here are right-wing conspiracy theorists who hate any legislation that isn’t initiated by the GQP. There are too many whiny cultists in America today.
How many of them besides piglosi made alot of $$$🤔 lets pull up who voted yea
Oh, that’s fantastic news for insider trader Nancy Pelosi huh? Another $5M dollars to add to her 120 MILLION dollar fortune.
You know the pelosi’s bought a bunch of stock illegally put pelosi in prison and Biden for treason
Scam. DC has been closed for years. Some time at the end of 2019. The none Government said what? Oh, they want us marked like an dog. Okay. Them first. Then MSM second. Then the Elites third. Then the we the public will watch and see how it works for all of you and get it in 5 years. Start with Nancy Polosi first. Then Trump second. I want to see this. No CGI and no doing it to actors or doubles. The real ones. Hurry up. I can wait to watch.
It’s strange because Nancy pelosi’s husband invested stocks and the chip industry
That’s right! I forgot to take Pelosi’s “stock tip”
Man they are doing their best to screw the American People, and then they expect to be reelected again! Let’s make it a law only 3 terms in the House and Senate. Heck they fixed it where the President can only have two terms while they sit for 30 to 40 years not doing crap.
And shady Nancy’s husband will have somehow made more investments that made them billions, but there is no insider trading because she’s Nancy.
NANCY PELOSI thanks you and her 7,0000 million shares of Nvidia chip maker and IBM micron she bought 2 months ago for a tidy profit of 12 million$$$
More money for China. Thanks to our pathetic Congress. My money is invested in China and I’m making a fortune.
ill have fish with my chips !
Another program to launder government money back to the Democrat operatives.
Yes, because the felony insider trading by Pelosi and her corrupt gang of co-conspirators must continue, while the rest of us suffer. The federal Government is a cesspool of corruption.
Laggard companies want to use taxpayer money to catch up to the man that rhymes with “Peel-on tusk”
I’d be checking their stock portfolios. Just sayin’ 🚁👽👀
Billions for corporate giveaway and always passed in a bipartisan manner, lmao. Always endless money for the owners of this country but never any money for healthcare, childcare, education, solving homelessness, etc. Always “means testing” when it comes to helping the working class, but blank checks for the capitalists.
Also fk Nancy Pelosi and her obvious insider trading.
Why didn’t they offer perks for them to stay here initially? Oh, right, making money under the table BOTH ways…
Crooked AF…
The Pelosis: 💰💰💰💰💰 🎉🎉🎉
I bet the Pelosi’s are happy!
last chance DEMOCRATIC GRAFT, before November.
because billionaires need tax breaks?
$24b in tax credits, before they even do anything? You wanna know why the US tax payers hate y’all?
All for education, but make sure this money is spent right!
they cant wait to give money to businesses can they? meanwhile voting rights, abortion rights, and all the other stuff that doesnt shovel money to billionaires, waits…….. Friedman and Reagan would be proud.
And we continue to vote these crooks/criminals, vote them all out.
Guess the Pelosi’s are even richer now. And nobody says a word.
Chips and dips.
666.
Tax credits…meanwhile I get letters from the IRS saying I owe them $5.44 after paying over $60K in Federal taxes not counting Social security and FICA. Crooks.
It’s $76 billions in corporate welfare with no strings attached. Intel will get about $20 to 30 billion, while they made about 20 billion last year, after spending $16 billion of stock buy backs, and paying their CEO $178 million.
They would call you one of thee poors. The poor people pay taxes, not them. They have shell companies and money laundering. The Panama Papers got into just a bit.
@@abram730 agree
Democrats all of a sudden starts asking for trillions of dollars when before Trump took office they used to say that we didn’t have the funds and money…… Smh demoncrats need to stop lying to us U.S. citizens.
So now the potatoes in DC will make money on Chips
Nancy Pelosi just made herself richer
It’s about time Doritos we’re all American made…
Man that is great news
“the Nancy pelosi bank account act.” great job! keep up the good work!!”
I’m sure more microchip’s will help with the made up climate crisis as well
It’s going to failed ..you can beat them on price.. American chips lost at least $9 – 15 on each chip😂😂😂 .we should keep making bombs and guns only things we good at
well it’s about time! I miss that show…………..🤣
we should have invested in mining, and offered them privileged access to rare earths instead of some of that money. If independence is what we want, we need the whole supply chain here.
I just went back to look at the Periodic Transaction Reports of members in Congress. In the last 12 months the majority of these members have purchased stocks that benefit from this Chip Act. Its ‘almost’ like insider trading. *Waiting for comment to be deleted*
Those Chips are never gonna be made in the US. this is all a racket. the biggest crooks are in Government.
Find out if I won the Presidentcy.If so,I’ll forgive you.I will take office as soon as the AMERICAN PEOPLE SAY.
Don’t try and pull an “I ran” scam on me because this isn’t Nuclear this is from HEAVEN.
I’m not threatening just venting what I’ve either been roasted about OR THE TRUTH ABOUT ME WINNING THE ELECTION.
Ask yourselves, would the people want someone who is heard and known to have GOD ALMIGHTY ON HIS SIDE.ITS A NO BRAINER
This is a great move even though manufacturing cost in the USA are higher hopefully this will continue it should also add very valuable jobs for USA citizens.