Trump orders creation of US sovereign wealth fund. Is he nuts?

@PicturesOfABetterTomorrow These two ideas may be connected..😷

@SunshineGirl It will be interesting to see what trump considers assets to be "monetized". I really think this is going to be some sort of shell game. Maybe he thinks he can sell the $35 Trillion debt as an income stream. Payable in printed dollars of course.. Wait. They already did that once with the Global Financial Crisis..😷

@SunshineGirl I agree 💯

@BizSuitStacy And their economies are quite strong, it's akin to a gold standard.

@Carla
All of the evidence is right there in front of you, and you still deny it. The lack of proper forestry management is well documented and goes back many years. We saw the empty reservoirs. We saw the fire hydrants run out of water. We saw the funding cuts to the FD. We know fire fighters quit because the fascists tried forcing an experimental "vaccine" on them. Karen Bass had toes to domestic terrorists. She shut down like a frightened clam when asked basic questions. Several videos captured arsonists starting fires.

And in classic form, you revert to parroting the narrative like a trained seal.

The same people you follow are caught lying over and over and over again. And it just doesn't sink in. But that is the power of brainwashing...it makes people deny reality even when the evidence is right of them.


What other assets?

SWFs are typically funded using a budget surplus. We have a $2 trillion budget deficit right now which Musk is helping cut in half. In the meantime, I suspect Trump's plans on leveraging money collected from tariffs until they reign in the deficit spending.

@BizSuitStacy any money collected from tariffs(taxes on consumers) will go directly to the promised tax cuts to trumps oligarchs and corporations.
So...money from you to go to them.
You though are fine with that prospect. Just like you are fine with musk and his merry men gaining all of everyone's personal info.

@Carla yes Carla...tariffs are consumption taxes. As opposed to income taxes...the penalty for productivity.


Again with the leftist talking points. I'm sure Trump and his oligarch friends are going to get naked and roll around in the money.

BTW...do you have an issue with Bernie & Co. complaining about oligarchs while taking money from them?

And it's not like I don't acknowledge that republicans do it too.

Look at the other comments from some of the liberals. They think it's a good idea as long as the govt doesn't use the cash as a party fund. But it can't be good if Trump suggests it, right?