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Trump orders creation of US sovereign wealth fund (www.reuters.com)

submitted 1 day ago by CrimeDad@lemmy.crimedad.work to c/usa@lemmy.ml

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I don't underestimate our Dear Leader's ability to do it badly, but isn't a sovereign wealth fund typically a good idea?

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[–] FauxPseudo@lemmy.world 11 points 1 day ago

A vehicle for grift. Buy shares in a company. Convince the government to buy it. Get paid.

Remember when Republicans wanted to privatize everything because government is slow, bloated and inefficient? Now they are endorsing government takeovers of companies.

When you follow a party it creates a shortcut in the brain that stops you from questioning if an action of theirs is consistent with its beliefs. Next thing you know the party has changed all its positions and the followers don't even realize that it changed but they still follow it.

People voted for Trump because they thought he would ban all abortions. But he changed the official party platform to only want to ban late term abortion. When you show them the text they refuse to believe it even when you have them read it out loud. The platform changed. The platform changed and those single issue voters didn't care because they believed it didn't change.