XBSIndex

Home › @EdKrassen › Receipt

Truth

“In his second term, Donald Trump has pulled a page out of the socialism playbook and made the government an investor in private companies.”

By Ed Krassenstein (@EdKrassen) · Posted 24 Oct 2026 · checked 25 Oct 2026 · 85% confidence

What they posted

Holy Cow! CNN just explained how Donald Trump is more socialist than the Democrats. "In his second term, Donald Trump has pulled a page out of the socialism playbook and made the government an investor in private companies. Trump has used taxpayer dollars to acquire stakes in a https://t.co/IO3uCeGorw

Why it's Truth

NYT, Reuters, AP, Semafor, National Review, and Cato Institute document the Trump administration's acquisition of equity stakes in dozens of private companies using federal funds during his second term, with specific examples like the Intel deal and counts reaching 35-43; Stephen Moore's Oct 2026 criticism aligns with the 'socialism playbook' framing in the claim.

Sources