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On today's episode of trump doing stupid shit - Sovereign Wealth Fund to buy Tiktok?

Trump is an amazing man! Just pulls numbers out of his ass and delivers them with a straight face.
His numbers regarding “Americans building and dying the Panama Canal” are more than a wee bit suspect… but it makes for good rewritten history!
And regarding his legitimate power to dismantle the USAid agency…. Where the phuque did he learn his civics?
 
Trump's concept of a plan:

1. Tariffs
2. Other intelligent things
3. ????
4. Profit

profit.jpg
 
Making things cheaper for the blue collar folk every day! By the way, H&R Block is roughly $200-$300 for them to do your taxes. Hope you all are excited about that. At least for family. Single payer might be less.
 
Making things cheaper for the blue collar folk every day! By the way, H&R Block is roughly $200-$300 for them to do your taxes. Hope you all are excited about that. At least for family. Single payer might be less.
I remember back in the olden days, that you'd go to the post office to pick up a paper copy of the tax form and accompanying prep book. Everyone would fill out the tax forms and on the evening of the filing deadline, the post offices would stay open late and there'd be lines of cars waiting to turn theirs in, so it could get stamped in time. I guess everyone who doesn't want to pay for filing can go back to that.
 
I remember back in the olden days, that you'd go to the post office to pick up a paper copy of the tax form and accompanying prep book. Everyone would fill out the tax forms and on the evening of the filing deadline, the post offices would stay open late and there'd be lines of cars waiting to turn theirs in, so it could get stamped in time. I guess everyone who doesn't want to pay for filing can go back to that.
Yes, and I guess we can just have milk men deliver milk to our door and buy vacuums from people knocking on our door. We don't do it that way for a reason and our government shouldn't be going out of its way to make things more difficult for us. They aren't going to lower your taxes so you can give it to a private company. They are going to raise your taxes and require you to pay a private company to do these things. Because f**k you, that's why.
 
Trump offered little in the way of detail and it was unclear how such a wealth fund would work. Typically such funds rely on a country's budget surplus to make investments, but the U.S. operates at a deficit.

"We're going to create a lot of wealth for the fund," Trump told reporters.


Our President might be the dumbest person alive.
 
Yes, and I guess we can just have milk men deliver milk to our door and buy vacuums from people knocking on our door. We don't do it that way for a reason and our government shouldn't be going out of its way to make things more difficult for us. They aren't going to lower your taxes so you can give it to a private company. They are going to raise your taxes and require you to pay a private company to do these things. Because f**k you, that's why.

Also Intuit TurboTax every 3 minutes: Hey, do you want to needlessly pay more for this?
 
I remember back in the olden days, that you'd go to the post office to pick up a paper copy of the tax form and accompanying prep book. Everyone would fill out the tax forms and on the evening of the filing deadline, the post offices would stay open late and there'd be lines of cars waiting to turn theirs in, so it could get stamped in time. I guess everyone who doesn't want to pay for filing can go back to that.
If you can find the forms. They used to be on the IRS website, but I don't know whether that exists or not anymore.
 
Trump offered little in the way of detail and it was unclear how such a wealth fund would work. Typically such funds rely on a country's budget surplus to make investments, but the U.S. operates at a deficit.

"We're going to create a lot of wealth for the fund," Trump told reporters.


Our President might be the dumbest person alive.
He's gonna come up with so many intelligent things to create wealth for the fund. You just wait!
 
Can we also put the 33 trillion in debt in this sovereign wealth fund? Then just close the fund?
There are left wing economists who will tell you that debt is actually wealth, and we can print as much as we want.
They're idiots, but they exist.
 
What’s it called when the government owns businesses?

I remember when I first read about a central bank buying stock. I thought, wait a minute, they can just print money and buy shares of businesses with it? WTF!

I’d support a sovereign wealth fund that was filled with bitcoin from federal mineral rights.

In the end I think it would be impossible to stop political influence (and corruption) over a sovereign wealth fund that was buying up businesses.
 
This is actually pretty terrifying. Imagine the data on US citizens they would have. From not wanting to pay for the genocide in Israel, to trying to gather politically.
 
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This is actually pretty terrifying. Imagine the data on US citizens they would have. From not wanting to pay for the genocide in Israel, to trying to gather politically.

Edward Snowden sez, "Welcome to the party, pal!"

MfTOe1c.png
 
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