Trump Creating a 2 Trillion $ Sovereign Wealth Fund

[cjinchiangrai]

11 minutes ago, jerrymahoney said:

Oh -- you mean the USofA does not have hundreds of billions of dollars that they do not know what to do with??

They won't if they trust Trump with it.

[Lacessit]

2 hours ago, hotsun said:

That is correct. Its clear that you arent a braindead consumer of mainstream media. As time goes on it will be more clear that musk is one of the few mega rich people using his money to further western principles

What are these "western principles"?

 

The USA is in the process of becoming an oligarchy. It's easy to see how well that has worked for ordinary Russians.

[spidermike007]

Even just the thought of Trump doing something to benefit the nation, and to increase the financial security of the nation is beyond the ability to comprehend.

 

That's just not who he is. 

[Lacessit]

3 hours ago, Harrisfan said:

Democrats profit the most from being President.

During his last Presidency, Trump played golf on his own courses 300 times. On average, the American taxpayer was charged $800,000 each round for billeting his Secret Service detail.

 

All up, $240 million. That does not include the $2 billion the Saudis pumped into son-in-law Kushner's company.

 

Now post any Democrat President who has come within a bull's roar of those amounts.

[Harrisfan]

11 minutes ago, Lacessit said:

During his last Presidency, Trump played golf on his own courses 300 times. On average, the American taxpayer was charged $800,000 each round for billeting his Secret Service detail.

 

All up, $240 million. That does not include the $2 billion the Saudis pumped into son-in-law Kushner's company.

 

Now post any Democrat President who has come within a bull's roar of those amounts.

Non American.

[stevenl]

44 minutes ago, Harrisfan said:

Non American.

So?

[Harrisfan]

1 minute ago, stevenl said:

So?

So you think its fine to whinge about leaders overseas non stop. Ok then lets talk Zimbabwe next.

[stevenl]

11 minutes ago, Harrisfan said:

So you think its fine to whinge about leaders overseas non stop. Ok then lets talk Zimbabwe next.

You can start a thread on Zimbabwe.

 

You have nothing on the argument presented, therefore go ad hominem.

[save the frogs]

14 hours ago, Lacessit said:

It's not as if I care one way or the other.

 

If you can tell me how raising tariffs against allies and cutting taxes for billionaires makes America great again, I'm listening.

 

Let me answer your question another way. 

Just using tariffs as an example to make the point.

By increasing tariffs against canada, he is hurting some canadian inudustries,but benefiting some american industries. 

So is it a good or bad thing? Depends who you are.

Also, as a result of this, Canada might cozy up to the EU more. So in other words, that may set up an entire chain of events and it might take 10 years to see the full extent the impact of just this one decision will have. 

 

My point is that there is so much complexity involved in some of the decisions they are making that it's practically impossible to gauge if it's "good" or "bad". 

 

And anyone who keeps talking negatively about Trump as though everything he does is stupid is being silly. If you're overly indoctrinated either pro or anti Trump, then you render yourself useless to analyzing anything he is doing objectively. 

 

 

[Harrisfan]

10 hours ago, stevenl said:

You can start a thread on Zimbabwe.

 

You have nothing on the argument presented, therefore go ad hominem.

What? Im pro swf. 

[save the frogs]

13 minutes ago, Harrisfan said:

What? Im pro swf. 

holy smokes man.

i just noticed you're the top poster of the week!

you came out of nowhere ...

[DonniePeverley]

How can you have a wealth fund when you have so much debt ?

[save the frogs]

Just now, DonniePeverley said:

How can you have a wealth fund when you have so much debt ?

I wonder if they're moving the money from DOGE? 

[Digitalbanana]

On 2/16/2025 at 9:38 AM, save the frogs said:

I don't even know much about Sovereign Wealth Funds.

It's top MAGA supporters like your good self Trump is literally banking on.

[placeholder]

On 2/16/2025 at 8:13 AM, Harrisfan said:

China plans 50 years ahead. Every country should. SWF is a great idea.

Got any idea where all that cash is supposed to come from. Nations with sovereign wealth funds generally get those funds from taxing natural resources such as petroleum or natural gas or charging royalties.  And their budgets run a surplus or they have already accumulated enough founds to finance deficit spending. Do you believe that the US should go further into debt to acquire such funding? Or do you support the US increasing royalties on natural resource extraction to the same level that most other countries do on such resources?

[Liverpool Lou]

On 2/16/2025 at 8:06 AM, LosLobo said:

The big question is can you trust a convicted criminal and known fraudster?

No less so than any other politician, especially those on the other side of the aisle. 

 

What was he convicted of, again, anything of any consequence that will not be overturned on appeal in due course?