BREAKING: Trump has signed an executive order creating a Sovereign Wealth Fund- popular with Middle East monarchies - so the U.S. can buy TikTok. That’s state-run media, folks. https://www.reuters.com/markets/wealth/trump-signs-executive-order-create-sovereign-wealth-fund-2025-02-03/
Comments
Who does he think he is fooling?
He just wants another slush fund.
https://www.warren.senate.gov/imo/media/doc/final_-_rm_warren_letter_to_bessent_re_treasury_payment_system.pdf
& the checks/ balances aren't doing 💩
Right into Apartheid Clyde's hands...!! 😠😠
sorry about the cussing but no other words will do
https://www.lifeinnorway.net/oil-fund-facts/
Sorry - I forgot that anything less than raw capitalism is construed as Communism by many - but not all - in the USA.
Unless Trump’s got foreign $.
Laws are part of the social construct so we can go about our days and live our lives in relative peace instead of some wild west where people just shoot or hang the villains
The king can sell his own "cuckold shoes" or something to get money.
I need a tax exemption for mad king stupidity.
🚬😎
Not his not private dollars but dollars of "middle class" a.k.a the working people .
Now if we see what happened to Argentina when Milei did it, nothing good, he destroyed what was left of middle class there.
What he is doing is cancelling these programs and in process removing money from circulation.
Some would say that reducing debt is a good thing and necessary but for whom?
For anyone or anything -
@washingtonpost.com
@nytimes.com
@pbsnews.bsky.social
@pbs.org
@abc7.bsky.social
@nbcnews.com
@mikiesherrill.bsky.social
@gallego.senate.gov
@wyden.senate.gov
@sanders.senate.gov
@whitehouse.senate.gov
@hakeem-jeffries.bsky.social
@raskin.house.gov
@schatz.bsky.social
@repjasmine.bsky.social
@danielsgoldman.dg4ny.co @aoc.bsky.social
@booker.senate.gov
We are the dumbest.
False.
Tik tok is the means of producing short form video content, therefore if the state purchased it that would be best described as a socialist action.
Like, from the dictionary.
Revoluushun! He shouted
Lots of Money ☆
Classes ☆
A state ☆
THE BRIBE-BUCKET
Bitcoin, Trump’s meme coin, and a portfolio of assets issued by his billionaire cronies. It’s a sovereign slush fund, and Trump is the sovereign.
Ok, alright. We need to have a sit down and talk about this thing called healthcare. It's so much better than social media for the body!
Are we buying it for Elon?
Nope to this bullshit.
Leave it for a capitalist to buy.
The government doesn’t need it.
You heard it here first.
/s
friends and I, noticed pro-trump propaganda blitz on TikTok - makes sense why trump has allowed TikTok to continue despite National Security concerns..
State-run media.
Trump Propaganda Network.
It’s a coup
It’s a coup
Must be a Radical Leftist gov out to destroy the free market!!
Whata ya mean, it's a Radical Lunatic Rightwing gov.
How is that possible?????
🤔🤫🫣
☹️ it was an entertaining way to make cinnections, but eventually poisonous just like Twitter
1. Universal Basic Income, every American citizen receives monthly payment of $700, and it still saves the government 💰💵
2. New tax brackets that reflect a more fair tax distribution
etc.
$60,001 – $150k 👉10%
$150,001 – $250k 👉 15%
$250,001 – $500k 👉 20%
$500,001 – $1 Million 👉 25%
$1 Million – $10 Million 👉 30%
$10 Million – $100 Million 👉 35%
$100 Million – $1 Billion 👉 40%
Over $1 Billion 👉 50%
Singapore has a sovereign wealth fund equal to $300,000 per person.
The US Federal Debt is $100,000 per person.
Sounds totally illegal but giving Trump/Musk access to the Treasury will be fatal for us
F ck them!
There will be no need for immigration! We will all live the same suffering with slightly different scenery.
Socialism is a ideology that seeks to have workers in control of the economy which state capitalism fails to archive.
More rubbing salt on the wounds of MAGA who accuses others of things they don’t understand
I didn't correct you on the definition to be annoying or to support oligarchy, I did it because I care about socialism.
It’s workers vs oligarchs
As a user, looking at the new Trump Corporation USA TikTok was safer for me being Chinese.
FAFO
Putin is gleefully laughing and congratulating his agents in this government
Things we don't have - $$$ for anything else.
The president does NOT get his own slush fund.
It's called $TRUMP.
It's called golden gym shoes.
It's called God Bless the USA Bible.
It's called (fill in the numerous blanks).
It's call FUCK THE EMOLUMENTS CLAUSE!!!
Some of us are traumatized, some are still delusionally following the pumpkin puppet and Muskolini, and an alarming number of us are just asleep at the wheel and MIGHT check in when something hurts them hard and personally.
We have no surplus. Further given it would be spend drawn from US BUDGET it needs congress approval. Given deficits, and budget auth upcoming you think a new multi-billion 'program'on top of a trillion $ tax cut will fly?
@senatedemocrats.bsky.social @housedemocrats.bsky.social
Maybe he will claim to be a Sovereign citizen for his criminal defense if we're lucky.
So much for democracy.
Is that it now then? - XO's all the way? Or is anyone gonna actually keep this dickhead in check?