IMO a Sovereign Wealth Fund is a great idea. Look to Singapore and Norway's funds for example. But this is a slippery slope, and it might turn out badly. What's our government's track record with slippery slopes?
What is communism? What is it really? Not just the icky weirdos with the childish ideas - the real countries that are communist, what makes them different?
In communist countries, the government owns everything. And they generally have the support of the population, because the government also runs the schools, and also bans communications platforms that it views as subversive. Ring any bells?
Inch by inch...
