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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: Steve203 🐝 HONORARY
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Number: of 4460 
Subject: why government stock ownership?
Date: 08/26/25 9:58 AM
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I'm not sure if it's to directly influence the companies involved, or so the government can profit off the contracts it awards.

According to Google's AI sifter, the Commerce Dept holds the Intel stock. The POTUS votes the US Steel "golden share". Treasury receives the 15% skim from chip sales to China.

Seems the administration is eyeing more equity positions.

Trump Pentagon weighing equity stakes in defense contractors like Lockheed, says Lutnick

cnbc.com - Trump pentagon equity stakes in defense contractors

Some months ago, there was chatter about a US "sovereign wealth fund", but such funds are usually run by countries that have a budget surplus, not Trillions of debt. I recall some chatter about funding being obtained by selling timber and mineral rights on Federal land.

A Plan For Establishing A United States Sovereign Wealth Fund

whitehouse.gov - A plan for establishing a united states sovereign wealth fund

Steve
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