Golden share

Uh, and we blinked, and the next thing you know, we have more than 30 of these equity stakes in a wide range of companies.

We also have a golden share in U.S. Steel, uh, which is not exactly an equity stake.

Instead, it's the government having veto power over certain corporate decisions.

And the c- the government, uh, t- got that stake by, uh, leveraging a Japanese investment, saying, "We'll only let the Japanese company, Nippon Steel, invest in U.S. Steel if they give us this golden share."

The partnership, as you call it, the president has a golden share, uh, allowing him to veto certain key business decisions, like closing a plant or moving locations.

How does that work?

And we have a golden stock.

We have a golden share, which I control, or president controls.

It's a stunning development.

And of course, this is on top of all the golden shares and equity positions that this administration is amassed.

The administration is approaching $30 billion in equity stakes, not including the Venezuelan one.

Equity stakes warrants and similar plans where the U.S. is taking significant positions in American companies.

But this is much worse.

And the ramifications are going to be felt for a long, long time.

All right, let's see, what do we have? That was our story on golden shares.

We'll talk about that another time.