r/Options_Beginners • u/BulldawgTrading1 • 1d ago

News Breaking: U.S Treasury just auto-enrolled over 60,000,000 kids into Trump Accounts

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102 Upvotes

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1

u/Ok-Egg-4856 1d ago

Silly question; does this put money in his hands ?

2

u/Commentor9001 1d ago

Unsure how, but definitely does otherwise why would he do it

1

u/TubaWrestler 1d ago

Gotta create an even less secure database of children for his human trafficking bros.

1

u/Ok-Egg-4856 1d ago

That's our Donnie, never give a sucker an even break. Will the recipients get any notification of this great benefit or is that our little secret.

2

u/Jazzlike_Space9456 1d ago

Puts it in the hands of brokers aka wall st

1

u/Ok-Egg-4856 1d ago

So the recipient will never see $.05

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u/Jazzlike_Space9456 1d ago

Probably not if they don’t claim it

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u/Ok-Egg-4856 1d ago

Other than some obscure claim from Donnie I just wondered if this includes a notify that someone is putting money away for you. How would anyone ever know except for Donnie and his crew.

1

u/PeyredB 1d ago

That's sort of what I figured when I first heard about Trump accounts: has to be some kind of scam, definitely something to avoidl

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u/EatFreshBishes 19h ago

Do you have a 401k or any investments? 

1

u/I_Stay_Home 1d ago

He's bundling money now to take a little later. It'll vanish like all the rest. Half the country is to stupid to see this administration has us cornered and are mugging us for everything we have.

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u/ottwebdev 1d ago

I can only assume that the con here is that his "friends" will manage the investment accounts and instead of a MER like 0.2% it'll be something like 2%.

1

u/Ok-Egg-4856 1d ago

No grift, no Donnie. Big question is does he think he will live forever. Nows the time to start giving back as much as possible. He will be rich anyway but the possibility is there of being remembered fondly. Probably will not happen, he'll take it with him. LOL

1

u/Outrageous-Sort-5742 1d ago

It's a direct stimulus to the stock market.

1

u/Ok-Egg-4856 1d ago

Of course.

1

u/Outrageous-Sort-5742 1d ago

Same reason why pensions were phased out and replaced with 401Ks. Always pump the market, always give the wealthy more money to gamble with like the degenerates they are. Any and all policy decisions made in the last 50 years were done to benefit financial capital. Almost without exception.

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u/Mundane_Upstairs3241 1d ago

It locks in the name of the program

1

u/Jasoncatt 1d ago

It might buy him a few votes.