I really despise having to keep focusing on this stuff, but this Sovereign Wealth Fund that #Felon47 signed an EO for today, is bad. If this was something setup with bi-partisan approval and oversight/accountability, fine. But what could go wrong when you have someone who has had a history of ripping others off with various schemes, signing it into existence with an executive order?
Likewise, such things are what dictators use (tax revenues from government coffers end up in this account where those funds are used for investments, real estate, etc and becomes the dictator/inner circle personal piggy bank). Now you know what this DOGE thing is all about and why the dismantling of the government apparatus.
The US government (once they are done breaking it to pieces) will no longer serve the interests of the public. The ultra-wealthy will pay little/nothing at all with a tax system that taxes everyone else heavily. Tax revenues collected will go straight to the dictator and his inner circle SWF account for making more money, with only the most important things the dictator needs, being funded by uncommited collections (like his own personal military and police force to keep the masses controlled). Many government services will be privatized (look at how terrible the for profit healthcare system is in the US).
How is this going to even be initially funded? IMHO, by heisting the US Treasury (what Musk is illegally doing by cutting off payments for already appropriated funds by Congress; that money will likely be siphoned off into this newly created Sovereign Wealth Fund which is something not created by Congress, and thus has absolutely no oversight for). Yeah, they are robbing the Treasury and there seems to be no one in any position of power that is willing to stop this.
I can see the entire transactional part coming into play with China with the whole TikTok deal. #Felon47 floated the idea of the US government taking part ownership in it. The public facing facade is the “China bad” propaganda, but these greedy folks see only the money part and want a piece of the action without having to claim that BRICS is making headway against US capitalism (which is reaching its late stages with how exploitive it is). IMHO, China wants some classified information, and will likely get it from Musk (why were they trying to get access to a SCIF with highly classified material?) in exchange for Oracle (Larry Ellison is buddies with #Felon47) taking over the US operation of TikTok from ByteDance.
Yep, this is wholy disgusting on many levels. The ironic part is I would benefit from the tax changes they would end up doing. But I’ve always been one who felt it was important to pay my fare share of taxes (since it benefits the whole). The rule of law not mattering (for these rich oligarchs) or the US Constitution being made irrelevant each passing hour should have anyone that still is in any sort of position of power, making a full court press to lay the actual law down against these bandits. Too many of them are unfortunately locked into old style institutionalized thinking though where they are unable to breakthrough that wall (the chain of command is too strong with the military for example). The bad actors know this and exploit it often to their advantage.
