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Reply to "It's (finally) time for reparations. It's time for the US to pay its debt. "
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[quote=Anonymous]Btw, I mean that there would be an annual siphon of a certain percentage of USA GDP into this sovereign wealth fund, tax free of course, and that this would continue in perpetuity San as ur country exists The Norwegian soveign fund is an example. In years when we had crisis in AA community where things needed immediate attention, a withdrawal could be made from the fund and in years of economic boom more would be contributed because there would be more GDP But unlike taxes, allocation of those funds would not be in hands of politicians who might be opposed . Instead, the money would, by irrevocable trust,from GDP be invested into the fund, managed as long term asset portfolio ( think the Vatican ) and, of course, insured Do you see the difference between THAT and a reparation check ?[/quote]
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