DawgTalkers.net Forums DawgTalk Palus Politicus Elon Musk continued

what get's me is that lease terminations due to empty space is a good thing....so why force F/P remote workers back into the office?

Haha, I know, right!? While they are terminating leases, our operational contracting people on base I'm sure are fighting like hell to find commercial spaces to lease because have no room.

We're also going to have to increase the facilities support contract we have to clean up the place a lot more...unless we want to keep cleaning the bathrooms once per week...and they're already atrocious.

By the way, for everyone who thinks we work in glorious spaces on base, let me paint a picture for you. My "office" building is an old munitions factory. It's over 100 years old. It was on the demolition list and now has to come off the demolition list because of this memo. We literally have bats living in the building, which makes it great for the days we are in office. I was joking with Frank about that recently. It's also not rare to spot rather large cockroaches. One of our basement bathrooms had a pipe burst once and it flooded. The amount of fleeing cockroaches that were spotted was not insignificant...

Can't wait to go back!!!

Did you have a point ?

Or maybe you can add some more comment and details on the now $100M for condoms for HAMAS like Trump?

Oh of course ... no points made just spamming us with your memes and BS from your echo chamber. Well done.

Can somebody tell me what the sovereign wealth fund is all about? Is that the dear leader’s piggy-bank? They aren’t cutting enough to make a real difference, prices are still going up, and not a damn thing they’ve done will help the working class. Prove me wrong.

I always thought they were for countries running in a surplus...

What is a sovereign wealth fund? Explaining Trump’s executive order.
Frances Vinall and Niha Masih
Tue, February 4, 2025 at 7:43 AM EST4 min read


President Donald Trump on Monday signed an executive order directing officials to develop a plan for the creation of a U.S. sovereign wealth fund.

As he signed the order, Trump told reporters that such a fund could include a deal with TikTok, the embattled Chinese social media app.

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“I think in a short period of time, we’d have one of the biggest funds,” Trump said during the signing ceremony, noting that some countries such as Saudi Arabia have large funds but saying that the United States could eventually catch up. Saudi Arabia’s Public Investment Fund is worth about $925 billion.

- - -

What is a sovereign wealth fund?

A sovereign wealth fund is an investment fund owned and operated by a government. There are hundreds worldwide, according to data platform Global SWF.

Mark Crosby, director of Monash University’s Bachelor of International Business Program, said sovereign wealth funds can be used to diversify a country’s economy, making them useful for nations with a reliance on a particular revenue stream such as oil proceeds.

He said that successful funds are typically created by countries when they have little to no debt. The United States does not fall into that category - its debt is about $36 trillion. “For a country that has a lot of debt, like the United States, it doesn’t make that much sense,” Crosby said.

But the idea of a sovereign wealth fund has recently seen bipartisan support in the United States - both Trump and the Biden administration last year said they were working on proposals to establish one.

Sovereign wealth funds have been used for a huge variety of investments, such as Qatar purchasing the U.K. department store Harrods in 2010; Norway last year using its shareholder status in Tesla to vote against a $50 billion pay package for Elon Musk; and China’s largest fund helping pay for the nation’s Belt and Road Initiative for foreign infrastructure projects.

- - -

How are they funded?

The largest funds are often owned by governments that directly profit from their country’s natural resources. Norway’s is the world’s biggest, according to Global SWF, with more than $1.7 trillion in assets, driven by revenue from the country’s offshore oil fields. Oil-rich Gulf States such as the United Arab Emirates, Kuwait and Saudi Arabia also feature prominently in the top funds.

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But funds can be injected with any government-owned assets. The world’s second-biggest sovereign wealth fund, the China Investment Corporation, oversees some of China’s foreign exchange holdings. Singapore’s fund, the seventh-biggest, manages most of its government’s financial assets, generated through sources including budget surpluses and land sales.

In the United States, 23 states maintain funds that control more than $300 billion in assets, the White House said. The largest is the $80 billion Alaska Permanent Fund Corporation, funded by a portion of the state’s oil wealth, which pays an annual dividend to residents.

- - -

What has Trump proposed?

Trump’s executive order directs Treasury Secretary Scott Bessent and Commerce Secretary-designate Howard Lutnick to formulate a plan for the creation of such a fund within three months. The American government holds assets worth $5.7 trillion, the White House said, which a sovereign wealth fund could invest for long-term wealth generation.

Bessent said that the administration planned to stand up the fund “within the next 12 months” and that it would “monetize the assets side of the U.S. balance sheet for the American people.”

Trump said in the Oval Office that TikTok was an example of what the United States could put in a government-owned investment fund. “We might put that in the sovereign wealth fund,” he said, without offering specifics. In January, as he signed an executive order to pursue a resolution of the ban on TikTok, he had suggested a joint venture between the United States and the app’s owners.

- - -

Which countries have such funds?

Norway’s Government Pension Fund Global, valued at over $1.7 trillion, is the world’s leading example of a successful sovereign wealth fund. Established in the 1990s following the discovery of oil in the North Sea, the fund has grown to an immense scale. It owns nearly 1.5 percent of global publicly traded stocks, including stakes in American giants like Apple and Microsoft. It owns 910 properties across many of the world’s leading cities, including San Francisco and London. To safeguard its long-term value, the government is permitted to spend only the fund’s estimated real return, around 3 percent.

China, Saudi Arabia, Singapore and Kuwait own some of the other major sovereign wealth funds in the world. And smaller countries such as East Timor also manage such funds.

But not all sovereign wealth funds have thrived. The disappearance of billions of dollars from Malaysia’s sovereign wealth fund, 1Malaysia Development Berhad, or 1MDB, toppled the government of Prime Minister Najib Razak, who was sentenced to 12 years in prison.

High-ranking officials of 1MDB and their associates were accused of misappropriating at least $4.5 billion from the fund, the U.S. Department of Justice said. Part of the stolen money was used to purchase yachts and luxury homes, according to the prosecutors.




https://www.yahoo.com/news/sovereign-wealth-fund-explaining-trump-124340845.html

Elon want to sell Twitter for more than he bought it for.

I think Uncle Sam will be the buyer.

So that’s like me being in debt up to my eyeballs and then saying “I should set some money aside for investments.”

I thought the focus was going to be on reducing debt and deficit. On top of that, the plan is also to reduce revenue…

Not exactly the Dave Ramsay approach.

Thanks for that info... How does such a fund help the average US citizen?
Can you and I benefit from it?

So it’s a fund to build an even bigger propaganda network? Not with my tax dollars. I have a feeling this fund will be used like a slush fund for Twittler’s every whim.

MAGA: Ask yourselves this simple question. Why does Elon need a team of programmers san accountants, financial analysts, lawyers, or anyone with a clue about how our government actually works? And why is trump dismantling or dodging all legal paths to legal remedy? Keep on sleeping like Rip Van Winkle, while the fascist oligarchy takes it all away…

Programmers write code, hack, and can install back doors. Read only access my ass.

Imagine FEMA funds and your Social Security checks being siphoned off funds to pay for people who are not citizens and housing them in luxury hotels in NYC.......

If you believe Elon like that, I got a bridge to sell yoou.

Well coming from Insurrection Barbie, it must be true. Smh.

super still hasnt acknowledged that the 50 mill condoms story was bs.

https://www.cnn.com/2025/01/29/politics/gaza-condoms-fact-check/index.html

Fact check: $50 million for condoms in Gaza? Five big reasons to be skeptical Trump’s story is true

so is this you acknowledging this or just posting an article?

Elon Musk’s teenage high school grad staffer known as ‘Big Balls’ now State Department adviser: Report


https://www.yahoo.com/news/elon-musk-high-school-grad-040841219.html

I need a Trump supporter to explain to me how this shouldn't be considered a DEI hire.

DON'T FORGET ABOUT THE $100M FOR CONDOMS IN GAZA !!!! OR HAS THAT NUMBER GONE UP AGAIN.

Reptards gonna reptard I guess.

He tosses out a few crumbs while ignoring anything of substance. You know, the "own the libs" game.

Your posts have turned DT into a cesspool of lies. You should change your user name to MAGA Tokyo Rose.

Elon admitted today in a presser that he lies to you. But you like the taste of their BS so much you just keep scarfing it down.

In other words, "I'll spread all kinds of BS and it will be up to you to prove I'm wrong."

Murica!

Nope, its not even that. He just has to let the Trumptards spread the lie a few million times around the globe and his goal is achieved no matter if he's proven wrong .

FLOOD THE ZONE.

Radical…

To be fair, I don't think it was Musk that put the $50m of condoms nonsense out there. Wasn't it the WH press secretary?

You might be right. WH Or Trump. Not sure who was first. I do remember Trump claiming they were making bombs with the condoms 😆 oh dear.

Anybody else seeing all the Trump hate on X? Lmao. I hope their propaganda machine eats them.

Here is something that I can't figure out...

Tesla is top 40 in the Fortune 500, what Fortune 500 company would let there CEO go on a months long hiatus to go fix the government?

Tesla stock is down 33% this year.

Tesla sales are down worldwide, particularly in Europe and Austalia. It seems like he is wearing thin elsewhere in the world.

At one time Tesla was the darling of democrats and the green energy movement.

Now there are the bumper stickers "I bought this before Elon went crazy"

I guess when you have billions, you no longer have to care.

Can't wait until you show us proof... Trump and Musk have been making all these claims meanwhile, they offer no proof..

I won't call this a lie until they don't show verifiable proof....

$400 Million to Tesla for armored State Department Vehicles

Yep, all the savings will go to Tesla, do not pass go, do collect $400 million dollars.

Crooked, Self dealing and corrupt.

The oligarchs will need them when all the earned benefit checks end.

Well that right there is misleading.. Most of that deficit was put up by Republicans with their damned tax cuts and then the DOGE number... PROOF.. Got any?

As republicans are working to increase the debt ceiling.................

House Republicans unveil blueprint to extend $4.5 trillion in tax cuts and lift the debt ceiling

https://apnews.com/article/house-re...ax-cuts-ff2bddf31f4e7cb0928139072392a091

Pay attention.