President Donald Trump signed an executive order on Monday to create a U.S. sovereign wealth fund and suggested that it could be used to purchase TikTok.

  • Lvxferre [he/him]@mander.xyz
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    1 day ago

    President Donald Trump signed an executive order on Monday to create a U.S. sovereign wealth fund and suggested that it could be used to purchase TikTok. […] Trump has said previously it could be funded by “tariffs and other intelligent things,” per Reuters.

    So. Taxpayers pay taxes → taxes go to fund → taxes are used to buy TikTok, probably at inflated prices (like Musk buying Twitter). And likely with the same type of censorship coming from the alleged “free speech warriors”.

    …aren’t those same guys who babble all the time about “free market”?

    • lori
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      11 hours ago

      The guys that are telling us they have to dismantle the entire government because it costs too much wants the country to buy TikTok

    • CameronDev@programming.dev
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      1 day ago

      The third step is they “sell” it to their cronies for pennies, who profit all the way to the bank.

      You’re about to get robbed.

      • Lvxferre [he/him]@mander.xyz
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        20 hours ago

        You’re about to get robbed.

        I’m not. I don’t pay taxes to USA, my robber is another. I’m mostly watching this roll out while eating popcorn.

        Locally [Brazil] speaking, if the United-Statian government bought TikTok, I wonder what the judiciary would do, given that it blocked Twitter for a month.

  • BestBouclettes@jlai.lu
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    1 day ago

    Wow, what a surprise heh ? If TikTok becomes a new Shitter, that will have devastating effects on younger people… Even more so than what it actually does.