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Trump proposes leap toward socialism with "sovereign wealth fund"

Discussion in 'Too Hot for Swamp Gas' started by citygator, Sep 5, 2024.

  1. CHFG8R

    CHFG8R GC Hall of Fame

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    Seriously? WTF?
     
    • Fistbump/Thanks! Fistbump/Thanks! x 1
  2. citygator

    citygator VIP Member

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    Lost on me in this thread is any reasonable support or rationale from Republicans for the US government taking on public investing like its a socialist country. Especially when there is not a pile of wealth waiting to be invested since we are a debtor nation.
     
  3. wgbgator

    wgbgator Premium Member

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    Its not an 'investment,' its basically what sports teams do. They will just buy TikTok or whatever and turn it over to a private entity to run it and profit from it, just like they do with sports stadiums and such. I'm afraid I have to give credit to rick for saying "stop calling it socialism" - this is just run of the mill American corruption. Just like with sports franchise potentially leaving if they dont get what they want they can be "you like your Tik Tok right, and you dont want it to go away do you?" Billionaires looting the public isnt socialism!
     
  4. CHFG8R

    CHFG8R GC Hall of Fame

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    Definitely more of an Arab Gulf State move, IMO, than Socialist. Typical MAGA hypocrisy.
     
    • Agree Agree x 1
  5. demosthenes

    demosthenes Premium Member

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    If your prior postings didn’t already, this post confirmed it. You definitely love him.
     
    • Funny Funny x 1