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Ding D.O.N.G,The Witch is Dead!

Wacka

By Wacka
in Politics, Polls, and Pundits

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Wacka All Pro

Wacka

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Posted (edited)

Was announced today that Nancy Pelosi WILL NOT  run for re-election in '26!  She can join her husband for a tag team in the 2 AM Naked Hamer Fight Club (NHFC).

Edited by Wacka
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The Frankish Reich Hall of Famer

The Frankish Reich

Posted
Posted
5 minutes ago, Wacka said:

Was announced today that Nancy Pelosi WILL NOT  run for re-election in '26!  She can join her husband for a tag team in the 2 AM Naked Hamer Fight Club (NHFC).

Thanks, Nancy!

And thanks for giving me permission to joke about Charlie!

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nedboy7 All Pro

nedboy7

Posted
Posted
5 hours ago, 4th&long said:

Donald Trump Is a Commie

 

https://flip.it/WDTO9t

 

 

Trump wants to build nuclear power plants.

He has chosen Westinghouse to build them.

He will pay Westinghouse $80 billion for the projects.

In return he has compelled Westinghouse to pay him the government 20 percent of any “cash distributions.”

Between now and the end of January 2029, the government can compel Westinghouse to go public via an IPO, at which point the government will be awarded 20 percent ownership of the company, likely making it the single largest shareholder.

This is literally seizing the means of production. But to, you know, make America great again. Or something.

IYKYK Veteran

IYKYK

Posted
Posted
12 hours ago, B-Man said:

Nancy Pelosi's estimated net worth in 2025 is cited by some trackers as approximately $267 million

 

 

.

 Not too bad on a $140,000 salary.

All_Pro_Bills All Pro

All_Pro_Bills

Posted
Posted (edited)
11 hours ago, nedboy7 said:

 

 

Trump wants to build nuclear power plants.

He has chosen Westinghouse to build them.

He will pay Westinghouse $80 billion for the projects.

In return he has compelled Westinghouse to pay him the government 20 percent of any “cash distributions.”

Between now and the end of January 2029, the government can compel Westinghouse to go public via an IPO, at which point the government will be awarded 20 percent ownership of the company, likely making it the single largest shareholder.

This is literally seizing the means of production. But to, you know, make America great again. Or something.

Westinghouse is owned by a joint venture of Brookfield Asset Management and uranium producer Cameco. Both Canadian entities. Work will not start until 2030.

 

Per the Washington Post -


The partnership is designed with “profit sharing mechanisms” that provide U.S. taxpayers returns “once certain thresholds are met,” according to the announcement.

Under the agreement, after the U.S. government signs final contracts for the construction of at least $80 billion in Westinghouse reactors, it would be entitled to receive 20 percent of Westinghouse returns in excess of $17.5 billion.

 

The U.S. could also require Westinghouse to go public if the company’s valuation surpasses $30 billion. If it does go public, U.S. taxpayers would be entitled to a 20 percent equity stake in the company, according details released by Brookfield"

 

Its common in the resource sector, uranium is one product, to use royalty arrangements for cash up front to be paid thought future income streams. I assume somebody familiar with those arrangements advised the government. I don't see anything wrong with this type of arrangement.

Edited by All_Pro_Bills
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