quote:

aides to Joe Biden "have been crafting a proposal to create a sovereign wealth fund" that would allow the US to invest in national security interests including technology, energy, and critical links in the supply chain, a person familiar with the effort, told Bloomberg.

quote:

Originally posted by Jefffive:
First, "Zerohedge" is a conspiracy site with the credibility of Ann; they claim much of this "report" is from Bloomberg.

quote:

aides to Joe Biden "have been crafting a proposal to create a sovereign wealth fund" that would allow the US to invest in national security interests including technology, energy, and critical links in the supply chain, a person familiar with the effort, told Bloomberg.

We have always done what is being described, sometimes through DARPA, sometimes through the parts of the budget that don't get line item numbers. If this is an effort to bring some of that into the daylight, as appropriate, it's a good thing.

Trump's proposal is for a massive government-funded slush fund, that he would control. Different animal entirely.

~Ann

quote:

Originally posted by LHeym500:
The Supreme Court has long held states and the national government can engage in the market and run markets.

You can find this line of reasoning in the Dormant Commerce Clause cases.

An exception to the Dormant Commerce Clause is a state is permitted to operate in the market in competition w the private sector.

Also, the Federal Government may speed money raised by taxes.

This is nothing more than how government works.