Monk-Eye
Gold Member
- Feb 3, 2018
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" Utilitarianism On Extremes of Individualism Versus Necessities of Collectivism "
* Financial Security Is National Security *
Trump administration’s block in Qualcomm vs. Broadcom merger should shake tech to its core
* Financial Security Is National Security *
The economic libertarianism ( economic liberalism ) of anarcho-capitalists , likely more often than not , places national allegiance far below self interests and that culpability for succumbing to greed jeopardizes long term wealth of the nation for short term wealth of their own self interests .You can go right on believing Trump cares about the working class but he doesn't. The tariffs were all about appearances and the usual impulsive actions with no forethought. I'm also a Rhody guy, grew up in Pawtucket and Providence and I've seen some of the most corrupt administrations come and go there and that's what the Trump gang smells like to me. Same game, different Mob.
Trump administration’s block in Qualcomm vs. Broadcom merger should shake tech to its core
While there are many issues at stake in the merger, the one that drove interest in Washington has been Qualcomm’s leadership role in 5G, a technology that the Trump administration considers to be a national security priority. Only two companies in the world have the technological prowess today in this emerging standard: U.S.-based Qualcomm and China-based Huawei.
Washington’s concern has been that a Broadcom takeover of Qualcomm would mean that America’s only player in the 5G race would be eliminated through budget cutting, leaving China to monopolize a key technology standard for a generation.
The Pentagon and national security beltway types have been deeply concerned about Huawei technology encroaching on U.S. telecom infrastructure, even going so far as to block the introduction of Huawei’s new mobile phone from being introduced on AT&T’s network.
It’s important to note that whatever the rhetoric, this was not about jobs or the economy directly. Qualcomm was expected to stay in the United States along with most of its workers, and Broadcom has already announced its decision to redomicile back to the United States following the passage of the tax cuts at the end of 2017.