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Senator Rand Paul

๐Ÿ‘ค Speaker
272 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

I do think that the law also, the statute that gave money to these companies, I was against it because I'm against subsidies, particularly when we have to borrow them.

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

But the law didn't indicate any power, transfer any power to the president to say instead of a grant, we're going to give you, we're going to have stock in your company and that's the only way you get it.

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

Those conditions weren't contemplated in the law.

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

So I suspect eventually this will go to court.

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

I've been surprised how quickly the companies have acquiesced in it.

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

But I guess it is free money from their perspective.

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

When you get free money, it's hard to turn away from that.

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

But no, I don't like it.

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

I don't like the government sort of saying to NVIDIA, hey, hey guys, yeah, you can sell in China this year, but we want 15%.

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

You know, we want 15%.

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

There is no legal authority to do things like that.

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

You know, my problem is imagine what this would be like if you had Bondami as president or AOC as president.

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

There's my talking point.

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

It came back in.

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

If AOC were president, can you imagine what it would have mean for her to own the companies?

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

What if she owned 10 percent of Exxon?

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

What if she owned 10 percent of the oil companies?

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

Oh, my goodness.

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

So I don't want Republicans or Democrats to own the companies.

Bloomberg Talks
Senator Rand Paul Talks Shutdown, Trump's Drug Boat Strikes and More

It's a terrible idea.