Saturday, February 8, 2025

5 things to know about Trump’s plan to create a sovereign wealth fund

(1. They said they were going to 'find 2 trillion in 'government waste' so they could fund the next round of tax breaks for the super wealthy in America... Trump imposed massive tariffs on China and other nations, taxes which YOU WILL PAY in order to help THEM afford those tax breaks... they now have 'found' 100 billion in 'waste' at the agency RFK Jr. runs (with no credentials to run a local bodega)... they are cutting billions from agencies like USAID (not the regime change part but instead the feeding and clothing and helping people in need parts)... they are attacking and 'finding' 'waste' in the Department of Education and will next go after the Pentagon (without pissing off the MIC you understand)... they are doing all of this in order to clear space in our deficit economy so they can give themselves MASSIVE tax cuts... BUT THEN,,, they want to create this sovereign wealth fund by selling off the trillions in Education Loans held by the U.S. government (to rapacious financial institutions at pennies on the dollar who will jack up payments and interest rates and then when people default on them, they will garnish wages since these loans are protected from any kind of bankruptcy) and then they will also sell off the TRILLIONS in PROPERTY owned by the U.S. Government (you) like schools, libraries, government businesses, museums and even fucking PARKS. They will ALSO go back to an old scheme they had a decade plus ago where they will sell off sections of roads, highways, interstates and bridges to corporations so they can set up automatic toll markers which will automatically charge your bank account whenever they want more money. And you can't do anything about mistakes because Trump and Elon have done away with the agency you WOULD HAVE COMPLAINED TO... since they claim that is waste. Then, when your bank account is overdrawn because they fraudulently charge you for tolls when you don't even have a car, the banks can charge you 100 bucks a fucking DAY in fees until you pay up and again you have NO ONE TO COMPLAIN TO BECAUSE THAT AGENCY NO LONGER EXISTS. But that's OK Trumpites cus the invisible hand will protect you. lol and THEN... 2. the sovereign wealth fund will be used as a giant SLUSH FUND for BIG BUSINESS to loot and pillage as needed for future schemes. 3. Meanwhile, Ellison, the guy who helped track reactions to the Covid-19 mRNA experimental jabs, will be put in charge of the new 500 billion dollar AI/mRNA round of experimental jabs as per Donald Trump and the New Operation Warp Speed and if you think those experimental jabs wont be MANDATORY THIS TIME you are lying to yourself.)

(Oh yeah and 4. while all this is going on, Trump and the rabid messianic Zionists will start a major war in the Middle East while helping them create Greater Israel and further the Gaza 2035 plan. Did I miss anything?)

from The Hill

President Trump is taking steps to overhaul the way the U.S. government invests its money and change the nature of America’s financial presence abroad.

The president signed an executive order Monday that kicked off the process of creating a sovereign wealth fund with the goal of generating more revenue for the government.

Trump also suggested the fund could be used to purchase TikTok — the popular video-sharing app that will be subject to a ban if it is not sold by ByteDance, its China-based parent company.

A sovereign wealth fund would be a significant shift from the U.S.’s approach to foreign investment, and Trump’s order raises myriad questions about how it would work.

But the prevalence of state wealth funds and bipartisan interest in a federal version give the Trump administration a path forward.

Here are five things to know about Trump’s plan for a sovereign wealth fund...

read more here

2 comments:


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