U.S. Sovereign Wealth Fund (2024)

I hope this isn't considered too political, if it is, delete it. I consider it more economic. And apparently, bipartisan, which is the alarming part.

Please stick to the topic at hand and don't make it more political than it needs to be.

Apparently both the current president, and the republican nominee, are tossing around the idea of a U.S. sovereign wealth fund.

The way I understand it, and I could be mistaken, is that this would be a fund where the U.S. government invests in private businesses. Particularly, national security interests. Theoretically, that could put the government in charge of running private enterprise and determining what... and how much of.... things are produced. The government could also determine which items will ultimately be produced by financially supporting industries (or companies) they choose, giving them an unfair advantage over industries the government chooses not to support. As an example, the gov't fund could invest heavily in car companies that support whoever the current administration is at the time, while not investing in a company like Tesla that's considered politically incorrect.

I don't know, but to me this smells of communism. What are your thoughts? Maybe I'm reading too much into this??

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Already doing that, Chevy Volt was a big hit for Obummer, lol. GM and such got bailed out, Ford didn't. Big banks got bailed out, smaller mom / pop banks were allowed to fold up and go away.

Get gov out of everything and things would work great! But we have been a communist country now for a long time, people are just starting to realize it little by little.

You have a good nose, yotetrapper30. Never forget Reagan's famous quip:

"Should the Govt. Handle Airport Security?
ByABC News
November 1, 2001, 9:32 AM

Nov. 1 -- To federalize or not to federalize: that is the question facing the House of Representatives as it grapples with airline security.

With House debating air-safety legislation that may come up for a vote today, the major sticking point remains the role of the nation's airport baggage screeners.

House Democrats and some Republican moderates support a Senate bill, passed unanimously on Oct. 12, nationalizing baggage screening and adding the workers to the government work force. "

Pretty sure this is what communism looks like.

"Nationalization is the process by which a government takes control of a privately-owned company or industry, often without compensation to the former owners. "

And nobody cared.

We've been a communist country for a very long time. At least for the last 40 years and getting more and more marxist by the day. Communism is evil and always devolves to wickedness.

To your point. The Gov pics winners and losers. I've spent a big many of my years in the coal industry. To my knowledge, the coal industry is the only private company that the Gov has regulated out of business on purpose. I'm sure there are others, but that one hits home for me.

At the same time the Gov is picking winners and losers, they bring on all these new green energy deals. Solar farms, etc.

The Gov gives them tax breaks (and so do local county govs) to go out and put solar farms on prime farmland all the while putting restrictions on the coal industry.

I spent 20 years of my life restoring mined lands to wildlife habitat. Only to see it get bulldozed down into solar farms. The system is broke. There is only winners; and the winners are destroying this country.

It will not get fixed either, no matter who is in charge. To fix it would require painful remedies. No one wants to do that so the can gets kicked down the road. But the end is coming. When it gets here; it will hit most people like a freight train they never saw coming.

Entrepreneurs create wealth,,,

Politicians redistribute wealth,,,with a heavy dose of corruption thrown it

The companies are allowing it and being subjugated by the government. If they don't they better have as much money as Elon of they will be shut down and taken by force of the IRS. Sadly, it is either take this amount of money the government is offering or they will confiscate the company.

So what are we gonna do about it?

Are you willing to be a martyr? First thing the media will do is paint you as mentally deranged and suicidal. Is your family ok with what needs to be done? Is your family taken care of when you are gone?

I remember watching a reporter being killed on live TV and it scaring the crap out of the media as a whole. For a short time, the media actually acted like objective journalists. Then they went back to being trolls.

It is gonna take some sacrifice for things to change. I am talking founding fathers type of sacrifice.

I know this sounds very extreme but how far has talk gotten us? We have one of the most stupid electorates on the planet.

Prayer is one of the most powerful things we can do. GOD actually said if we will turn from our wicked ways and look to HIM for help and guidance, HE will heal our land. That is a hard thing to do when all I want to do is congregate a group of friendly people to discuss our grievances with the powers that be. (not using specific words)

I hate what is coming for my children.

In many ways, government resembles protection rackets run by organized crime. If you have enough money, you can buy either protection or preference. They sound similar, but are not the same.

Protection just gets them off your back. Preference puts you at the head of the line. What OP is talking about is preference. A government mandated monopoly. Fails almost every time it is tried, which is often.

I cannot cite a time it has ever worked. It has always failed.

I’m hoping and praying it comes for me so they won’t have it worry about.

Hobbie, you and I are the only ones I know of that will volunteer to be cannon fodder. I hope I am wrong.

If citizens and authority people are pitted against each other, if the ratio of losses is 1:1, the authorities will lose or surrender in short order.

Study urban and sneaky asian abilities in fighting times.

Create communication WITHOUT electronics.