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Intel wants more corporate welfare

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This is hilarious.

One of Otellini’s main gripes is that the United States provides too little in the way of tax breaks and other incentives to corporations compared to other countries.

Yet..

This is a truly bizarre comment from the head of company that has received more in economic development subsidies than just about any other corporation in the United States. Over the past two decades, taxpayers in states such as New Mexico, Arizona and Oregon have underwritten the company’s rise to its dominant position in the semiconductor market.

What’s funny is all this talk about the free market we’ve been subjected to for decades. If this ideology were actually followed then banks would not want to get bailed out and corporations would not ask for handouts.

Written by Jason Gooljar

October 24th, 2010 at 10:22 pm

Posted in Corporatism

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AG Cuomo goes after spaceman (Intel)

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New York Attorney General Andrew Cuomo filed an antitrust lawsuit against Intel, alleging the chipmaker threatened computer makers and paid kickbacks to stop them from using competitors’ chips, Cuomo’s office said Wednesday.

via NY attorney general Cuomo files antitrust suit against Intel – Nov. 4, 2009.

What ever happened to the free market (sarcasm) of open competition? Obviously Intel doesn’t seem to like that very much.

Written by Jason Gooljar

November 8th, 2009 at 9:48 pm

Posted in Corporatism

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Intel did illegal things and the EU is after them

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Silly Intel who are you trying to be, Microsoft?

EU antitrust regulators are expected to say this week that Intel Corp illegally paid computer makers to postpone or cancel the launch of products containing chips made by its main rival, sources familiar with the case said on Sunday.

Written by Jason Gooljar

May 11th, 2009 at 9:30 pm

Posted in Corporatism

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