Strangling The Goose

Ya gotta hand it to Bernie Sanders. He is nothing if not consistent. And persistent. No matter how often socialism fails, no matter how many Venezuelas he witnesses, no matter that the Nordic nations he used to praise walked away from socialism, he persists in his belief that government should take the wealth that the private sector creates.

His latest? His plan to introduce a bill that would nationalize 50% of the stock in AI companies. The “American A.I. Sovereign Wealth Fund Act” would create, as it says, “a sovereign wealth fund through a one-time 50 percent tax” of company stock. The bill would also put government apparatchiks on the boards of those big AI companies, where they would get to vote and otherwise have a say in company decisions.