Trump Quietly Plans To Liquidate Public Lands To Finance His Sovereign Wealth Fund

[FoggyLake]

(snip)
President Donald Trump’s executive order to create a sovereign wealth fund requires that the United States come up with heaps of cash quickly, which may make selling out and selling off public lands irresistible.

On February 3, 2025, President Donald Trump signed an executive order to create a sovereign wealth fund (SWF), saying the United States will have one of the largest funds in the world. That requires raising trillions of dollars very quickly. For context, Norway’s fund is currently worth $1.8 trillion U.S. dollars. Sovereign wealth funds are typically financed with surplus revenue from trade or natural resource development. Given that the United States is roughly $36 trillion in debt, experts question where the money would come from. The Trump administration seems to be signaling that selling out and selling off the nation’s public lands to the highest bidder might provide the necessary funding.

https://www.americanprogress.org/article/trump-quietly-plans-to-liquidate-public-lands-to-finance-his-sovereign-wealth-fund/

[dalton99a]

1. To further enrich his family at taxpayer expense

[gab13by13]

2. I said this on day 1 when TSF announced this fund.

It can be funded from privatizations, and not just from selling off public land, it can come from privatization of Medicare, Social Security, the Post Office.

All of that money would be controlled by Trump.

[Nigrum Cattus]

3. Our public lands are for everyone now & in the future

If they attempt to sell what is not theirs, they will lose !
All they have is crazy and crazy don't work

[dweller]

4. ArtIV.S3.C2.2 Federal and State Power Over Public Lands

Article IV, Section 3, Clause 2:

The Congress shall have Power to dispose of and make all needful Rules and Regulations respecting the Territory or other Property belonging to the United States; and nothing in this Constitution shall be so construed as to Prejudice any Claims of the United States, or of any particular State.

The Property Clause provides that public lands may only be disposed of with congressional authorization.1 The Supreme Court has held that the power of Congress is exclusive, and that only through its exercise in some form can rights in lands belonging to the United States be acquired.

https://constitution.congress.gov/browse/essay/artIV-S3-C2-2/ALDE_00013510/#ALDF_00025112

Fuck off Pisswig




✌🏻

[CrispyQ]

5. Even republicans like parks & open space.

Well maybe not those in congress, but their constituents do.

[Johnny2X2X]

6. Can't wait to visit the Grand Canyon strip mine

Will be quite a sight.

Also worthy of a sidetrack will be the oil fields of Yellowstone.

[Bettie]

7. They'll keep some areas nice, but normal people won't be able

to visit them as they will be the enormous estates of the ultra rich.