Goldtent TA Paradise

TRUMP ACCOUNTS : PURE TRANSFORMATIONAL GENIUS

1. Fullgoldcrown says:

   January 30, 2026 - 11:48 am at 11:48 am

   Earlier this week, ABC ran a story with the unlikely headline, “Nicki Minaj helps Trump kick off Trump Accounts for children.” A series of dramatic announcements from American companies followed over the last few days. “The size and scale of this wealth will dwarf all government programs ever created to benefit America’s youth,” President Trump said at a press event. He’s not wrong.

   In case you missed it, “Trump Accounts” were created in last year’s OBBBA. They are a new type of tax-deferred investment account for all Americans born after 2025 or those under 18. For newborns, the government will automatically create accounts and “seed” them with $1,000 to get things started. Families can add $5,000 per year, and employers can chip in $2,500 annually.

   States, local governments, and nonprofits can also chip in— but with no annual limits.

   This is going to be huge.

   Any child (under 18) with a valid Social Security Number can open a Trump Account. Parents or guardians can open and manage accounts for their children. Check out TrumpAccounts.gov, where parents can enroll by filling out new IRS ‘Form 4547.’ (Hehe. Not a joke, as Joe would say.) Every parent should do it right now.

   Contributions start on July 4, 2026— the same day as America’s 250th anniversary. The money must be invested in an index fund that tracks the broader stock market, and it can’t be withdrawn until age 18. Without any additions, the balance should grow to at least $50,000 by the age of majority. With even a little extra juice, the balances could become substantial. Hundreds of thousands of dollars. Maybe over a million by age 28.

   For every American child.

   ? At yesterday’s Cabinet meeting, Treasury Secretary Scott Bessent said over a million families have already signed up. In one week. Around twenty-five million families are eligible in all.

   image 11.png

   CLIP: Scott Bessent reports on Trump Account signups (0:56).

   Trump announced the kickoff and strong corporate participation alongside Trinidadian rapper Nicki Minaj, who apparently became famous in the 2000’s for her often obscene urban music. What can I say? Tastes vary. Listening to Minaj’s odd cadence of speech is frequently like trying to listen to a scratched record played backwards. But President Trump is, after all, a man of the people.

   Following the debut, a cascade of American companies immediately announced “employer match” programs for the accounts, including Charles Schwab, Robinhood, SoFi, Uber, Charter Communications, BNY, Intel, Nvidia, Steak-n-Shake, TPUSA, and Comcast. The list continued growing all week. Trump encouraged even more companies to join in. “I’m officially calling on all employers all across America to follow the lead of many of these amazing companies and make matching Trump Account contributions to benefit the American worker,” he said.

   Some companies even offered universal donations. JPMorgan Chase said it would match the government’s $1,000 contribution for all qualifying infants. Michael and Susan Dell announced they’d deposit $250 for every child aged 10 and under who lives in a ZIP code where the median income is below $150,000.

   If you think all this corporate participation happened by accident, then I have some waterfront property in the Everglades to sell you. Obviously, Trump did it. We’ve never seen a President like this. He should be a progressive darling. Liberals ought to love him.

   Through encouragement alone, he’s transferring wealth from rich corporations and well-heeled donors to poor American babies. But he’s also simultaneously satisfying conservatives— because the program is voluntary, and it is based on market principles, like private ownership and personal responsibility. It’s genius.

   image 15.png

   This plan, alone, is likely to transform American politics in ways that are difficult to comprehend, much less predict.

   What big issue will Democrats have left to cry about, when American children —black, white, poor, and rich— are all financially cared for? What happens to the Democrats’ amorphous “affordability” argument that children won’t be better off than their parents? What about their relentless for the children mantra? Trump just fixed all that in one fell swoop.

   This could produce a once-in-a-century shift in the social contract. It might be even bigger than FDR. It will pervade American politics. States and local governments will face tremendous pressure to join in … for the children.

   “Decades from now, I believe the Trump accounts will be remembered as one of the most transformative policy innovations of all time,” the President said. He could very well be right. The historic nature of this program can’t possibly be underestimated. One can even conceive how the program could ultimately replace the failing Social Security catastrophe. It can be compared to a sovereign wealth fund for all Americans going forward.

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2. pedro_deleon says:

   January 30, 2026 - 12:15 pm at 12:15 pm

   Buffett selling while Trump Accounts are buying?

   Bagholders Inc, at least for the next decade, IMO.

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