Back to episode — Episode 2740 CWSA 02/04/25
Context —
hat requires a little bit of explanation. Interestingly Joel Pollak's book The Agenda which came out in the summer suggests this very thing, that the US should have a sovereign wealth fund. It's one of many suggestions in the book. It's a book full of suggestions of what Trump could do in the beginning of his term. And it was a great book. You should see it. So here's what a sovereign wealth fund…
← Previous segment →want to write checks for their illegal business. So they have to move gigantic shipments of physical cash. Suppose the Special Forces go after the cartels and figure out where their giant bundles of cash are. Well who does that belong to? Does it belong to MEIO? Does it belong to whoever finds it? Well I would say it belongs to the United States government. So we take their big piles of cash and just put it in the sovereign wealth fund.
And by the way these are just examples. I'm not saying that any of this would happen. How about if there is a joint venture beyond TikTok that would never work unless the government was involved. For example let's say we wanted to create a mineral. Here's a good example. One of the things Trump wants to do is keep the mineral rights for rare earth minerals in Ukraine as sort of a payback for the military support we give them in Ukraine. Now do you think that we could be safe in having a rare earth mineral mining operation in Ukraine unless the US government was part of protecting it in case Russia got aggressive? Well probably not. You probably couldn't even have that business unless the US government was going to protect it with the military. So shouldn't the US