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Did two US corporations just bribe the US government? And did the government take the bribe?
The Financial Times said no U.S. company has ever agreed to split revenue with the government as a condition of obtaining an export license.
Nvidia Corp. and Advanced Micro Devices Inc. will give 15% of their chip revenue from sales in China to the U.S. government as a condition of receiving new export licenses, according to a report Sunday.
Nvidia and AMD obtained U.S. export licenses for the Chinese market last week for its H20 and MI308 artificial-intelligence chips, respectively, on the condition of an unprecedented revenue-sharing agreement.
A few weeks ago, an image went viral. In Belgium a migrant used the eternal flame at the Tomb of the Unknown Soldier to cook an omelette. For many, the desecration brought to mind a quote from French author Jean Raspail, written in 1973 in his novel Camp of the Saints, about a sudden invasion of Muslim, Indian and African migrants into France:
“Your universe has no meaning to them. They will not try to understand. They will be tired, they will be cold, they will make a fire with your beautiful oak door.”
“Beware of two errors: despising the world God sustains, or worshipping the culture He restrains.”
— Abraham Kuyper, Common Grace Vol. 1, Ch. 30
"[Successful NY Mayoral candidate] Mamdani built his campaign on the infrastructure of the Democratic Socialists of America. The DSA and its city allies can dispatch activists across New York and, with a network of progressive partner organizations, can mobilize young people, get out the vote, and do the work of door-to-door politics.
"We saw this dynamic many times in the twentieth century: socialists rise to power, their policies degrade the quality of life, and, as they enter the endgame, they tighten their grip on power and offload resentments onto their ideological, racial, and economic enemies.
"...the twentieth century taught us that left-wing voters have extraordinary defenses against reality."
-- Christopher Rufo
