US will never default cause you print the money, Trump

[Moonglow]

Donald Trump: U.S. will never default 'because you print the money' - CNNPolitics.com


"In business (debt buyback) happens all the time. I bought mortgages back when the market went bad, I bought mortgages back at tremendous discounts, and I love doing that," he said. "There's nothing like it actually, it gives me a great thrill. But in the United States with bonds, that won't happen because you know in theory the market doesn't go down so that you default on debt, and that's what happens."


Whether through debt buyback or restructuring, neither of Trump's debt-reduction proposals from the past week square with his party's core approach on the issue -- deep spending cuts and entitlement program reform.


The Republican Party's official platform argues the U.S.'s looming "debt explosion" should be averted through "immediate reductions in federal spending, as a down payment on the much larger task of long-range fiscal control." These cuts "must be accompanied by major structural reforms," according to the platform, and pointing to programs such as Medicare, Medicaid, and Social Security, the GOP argues that "we must restructure the twentieth century entitlement state."
_____________________________________________________________________________________

If these views are conservative, someone has been terribly misled...

We need to dissolve USA.INC and revert back to being a Republic and kick out the foreign bankers that own USA.INC and us. Anything less is bullshit and will not solve anything.

Then where will the capital come from?

Where did it come from when the United States was struggling to be a nation? They printed script notes and regulated it as a medium of exchange and there was no interest attached to each and every script note created. This isn't fucking rocket science.

It first came in the gold rush of '49....But it was still not enough for industrial expansion...

 

[Toddsterpatriot]

Donald Trump: U.S. will never default 'because you print the money' - CNNPolitics.com


"In business (debt buyback) happens all the time. I bought mortgages back when the market went bad, I bought mortgages back at tremendous discounts, and I love doing that," he said. "There's nothing like it actually, it gives me a great thrill. But in the United States with bonds, that won't happen because you know in theory the market doesn't go down so that you default on debt, and that's what happens."


Whether through debt buyback or restructuring, neither of Trump's debt-reduction proposals from the past week square with his party's core approach on the issue -- deep spending cuts and entitlement program reform.


The Republican Party's official platform argues the U.S.'s looming "debt explosion" should be averted through "immediate reductions in federal spending, as a down payment on the much larger task of long-range fiscal control." These cuts "must be accompanied by major structural reforms," according to the platform, and pointing to programs such as Medicare, Medicaid, and Social Security, the GOP argues that "we must restructure the twentieth century entitlement state."
_____________________________________________________________________________________

If these views are conservative, someone has been terribly misled...

We need to dissolve USA.INC and revert back to being a Republic and kick out the foreign bankers that own USA.INC and us. Anything less is bullshit and will not solve anything.

Then where will the capital come from?

Where did it come from when the United States was struggling to be a nation? They printed script notes and regulated it as a medium of exchange and there was no interest attached to each and every script note created. This isn't fucking rocket science.

They printed script notes and regulated it as a medium of exchange and there was no interest attached to each and every script note

I'm holding a $20 FRN. There is no interest attached.

 

[Dale Smith]

We need to dissolve USA.INC and revert back to being a Republic and kick out the foreign bankers that own USA.INC and us. Anything less is bullshit and will not solve anything.

actually issue is between capitalism and socialism. Do you know which you are and why?

I think we need to try capitalism as it disappeared long before you, I, our parents, grandparents and THEIR grand parents were ever born....ask me how I know this.

Back when it was mercantilism which evolved into colonialism?

Mercantilism was "free trade" that meant slave made goods would be able to compete with goods that didn't use that means of production sans tariffs which is pretty much what we have now with China....how is that working out for us?

 

[Dale Smith]

Donald Trump: U.S. will never default 'because you print the money' - CNNPolitics.com


"In business (debt buyback) happens all the time. I bought mortgages back when the market went bad, I bought mortgages back at tremendous discounts, and I love doing that," he said. "There's nothing like it actually, it gives me a great thrill. But in the United States with bonds, that won't happen because you know in theory the market doesn't go down so that you default on debt, and that's what happens."


Whether through debt buyback or restructuring, neither of Trump's debt-reduction proposals from the past week square with his party's core approach on the issue -- deep spending cuts and entitlement program reform.


The Republican Party's official platform argues the U.S.'s looming "debt explosion" should be averted through "immediate reductions in federal spending, as a down payment on the much larger task of long-range fiscal control." These cuts "must be accompanied by major structural reforms," according to the platform, and pointing to programs such as Medicare, Medicaid, and Social Security, the GOP argues that "we must restructure the twentieth century entitlement state."
_____________________________________________________________________________________

If these views are conservative, someone has been terribly misled...

We need to dissolve USA.INC and revert back to being a Republic and kick out the foreign bankers that own USA.INC and us. Anything less is bullshit and will not solve anything.

Then where will the capital come from?

Where did it come from when the United States was struggling to be a nation? They printed script notes and regulated it as a medium of exchange and there was no interest attached to each and every script note created. This isn't fucking rocket science.

It first came in the gold rush of '49....But it was still not enough for industrial expansion...

No, the colonists were doing just fine with the medium of exchange using script notes that were regulated and that was long before the expansion out west in the mid 1800's. BTW, we tried a central bank and Andrew Jackson was able to kill it in 1836. The War of 1812 was over the refusal to renew the charter of the first central bank owned by international bankers...even though America won, the debt caused by it allowed the charter to be renewed. Jackson ran on the platform of killing the central bank...as he should have. The central bank that is the Federal Reserve is a parasitic blight on this country and has been bleeding us dry since it's inception and that is a fucking fact.

 

[AdvancingTime]

Presidential candidate Donald Trump's recent statements concerning how he views debt should strike terror into the hearts of lenders and bond buyers everywhere. The self-proclaimed “king of debt” told CNBC that if elected president, he would push to borrow more under today’s low interest rates. And if times got tough, he said, he would use his business acumen to strike a deal with the nation’s creditors for something less than full payment.

The New York Timeswrote, “Such remarks by a major presidential candidate have no modern precedent.” That may be true, but Trump is not your average modern day presidential candidate and is not operating under the constraints of past election protocol and rules. The article below argues Trumps claim he is the King of Debt is outlandish because that title clearly belongs to President Obama who has added trillions to our national debt.

http://brucewilds.blogspot.com/2016/05/trumps-claim-he-is-king-of-debt-must-be.html

 

[JimH52]

Presidential candidate Donald Trump's recent statements concerning how he views debt should strike terror into the hearts of lenders and bond buyers everywhere. The self-proclaimed “king of debt” told CNBC that if elected president, he would push to borrow more under today’s low interest rates. And if times got tough, he said, he would use his business acumen to strike a deal with the nation’s creditors for something less than full payment.

The New York Timeswrote, “Such remarks by a major presidential candidate have no modern precedent.” That may be true, but Trump is not your average modern day presidential candidate and is not operating under the constraints of past election protocol and rules. The article below argues Trumps claim he is the King of Debt is outlandish because that title clearly belongs to President Obama who has added trillions to our national debt.

http://brucewilds.blogspot.com/2016/05/trumps-claim-he-is-king-of-debt-must-be.html

The man is clueless...

 

[EdwardBaiamonte]

The central bank that is the Federal Reserve is a parasitic blight on this country and has been bleeding us dry since it's inception and that is a fucking fact.

can you present specific example of how it bleeds us dry?

 

[EdwardBaiamonte]

Presidential candidate Donald Trump's recent statements concerning how he views debt should strike terror into the hearts of lenders and bond buyers everywhere. The self-proclaimed “king of debt” told CNBC that if elected president, he would push to borrow more under today’s low interest rates. And if times got tough, he said, he would use his business acumen to strike a deal with the nation’s creditors for something less than full payment.

The New York Timeswrote, “Such remarks by a major presidential candidate have no modern precedent.” That may be true, but Trump is not your average modern day presidential candidate and is not operating under the constraints of past election protocol and rules. The article below argues Trumps claim he is the King of Debt is outlandish because that title clearly belongs to President Obama who has added trillions to our national debt.

http://brucewilds.blogspot.com/2016/05/trumps-claim-he-is-king-of-debt-must-be.html

The man is clueless...

can you give us best example of this alleged cluelessness??

 

[HenryBHough]

Back in the good old days when Carter had the banks refusing to lend and the prime rate in double digits I put all my spare cash into private mortgages with rates at or close to 20%/year. It wasn't a year before things returned to normal but the majority of those paying me 20% - and who could have done a refi for about 1/4 of that didn't.

Stupid them.

Lucky me.

Hey, it's The American Way and I cannot fault Trump or anyone for profiting from it.

 

[JimH52]

Presidential candidate Donald Trump's recent statements concerning how he views debt should strike terror into the hearts of lenders and bond buyers everywhere. The self-proclaimed “king of debt” told CNBC that if elected president, he would push to borrow more under today’s low interest rates. And if times got tough, he said, he would use his business acumen to strike a deal with the nation’s creditors for something less than full payment.

The New York Timeswrote, “Such remarks by a major presidential candidate have no modern precedent.” That may be true, but Trump is not your average modern day presidential candidate and is not operating under the constraints of past election protocol and rules. The article below argues Trumps claim he is the King of Debt is outlandish because that title clearly belongs to President Obama who has added trillions to our national debt.

http://brucewilds.blogspot.com/2016/05/trumps-claim-he-is-king-of-debt-must-be.html

The man is clueless...

can you give us best example of this alleged cluelessness??

Have you been on Mars? Trump goes on like an idiot when he should be giving details about his plans. He cant because he has none.

 

[EdwardBaiamonte]

Mercantilism was "free trade"

Wrong!!! free trade is when individual people decide what to do. Mercantilism is a liberal govt policy.

 

[EdwardBaiamonte]

. He cant because he has none.

better trade deals to create 20 million jobs is a good plan

 

[JimH52]

. He cant because he has none.

better trade deals to create 20 million jobs is a good plan

So he knows magic!

 

[JimH52]

I predict if Trump is elected, he will side with the Democrats more than the Republicans. He will drive the GOP House nuts.

 

[Dale Smith]

Mercantilism was "free trade"

Wrong!!! free trade is when individual people decide what to do. Mercantilism is a liberal govt policy.

Ummm, go back and read what I posted......don't just cut and paste a tiny sliver and then pretend that was the gist of the post. That is very dishonest of you.

Mercantilism was "free trade"

Wrong!!! free trade is when individual people decide what to do. Mercantilism is a liberal govt policy.

Excuse me, you cut off my post without posting the whole thing which is very dishonest...please go back and look at the post again. The Federal Reserve and their banks attach usury to every fiat "dollar" put into circulation which begs the question of how could there ever be enough paper money in circulation to pay back the principle AND the interest that was attached from the extension of credit that was created out of thin air to begin with? We have been used as debt slaves and it is time that we got off of this train.......fuck this corporate "gubermint" entity and it's owners, the central Federal Reserve bank.

 

[EdwardBaiamonte]

how could there ever be enough paper money in circulation to pay back the principle AND the interest that was attached from the extension of credit that was created out of thin air to begin with?

no idea what you mean? as an economy grows more money is printed to avoid deflation and to pay back loans. If one borrows money to buy a house the money to pay off the loan comes from your job. Now do you understand? No bank would make a loan if there was not money to pay it back. Now do you understand?

 

[EdwardBaiamonte]

. He cant because he has none.

better trade deals to create 20 million jobs is a good plan

So he knows magic!

not magic but a better tougher negotiator. Do you understand?

 

[EdwardBaiamonte]

I predict if Trump is elected, he will side with the Democrats more than the Republicans. He will drive the GOP House nuts.

dear, why not try to think if you are capitalist and socialist and why rather than play trivial pursuit or make goofy predictions???

 

[Toddsterpatriot]

Mercantilism was "free trade"

Wrong!!! free trade is when individual people decide what to do. Mercantilism is a liberal govt policy.

Ummm, go back and read what I posted......don't just cut and paste a tiny sliver and then pretend that was the gist of the post. That is very dishonest of you.

Mercantilism was "free trade"

Wrong!!! free trade is when individual people decide what to do. Mercantilism is a liberal govt policy.

Excuse me, you cut off my post without posting the whole thing which is very dishonest...please go back and look at the post again. The Federal Reserve and their banks attach usury to every fiat "dollar" put into circulation which begs the question of how could there ever be enough paper money in circulation to pay back the principle AND the interest that was attached from the extension of credit that was created out of thin air to begin with? We have been used as debt slaves and it is time that we got off of this train.......fuck this corporate "gubermint" entity and it's owners, the central Federal Reserve bank.

The Federal Reserve and their banks attach usury to every fiat "dollar" put into circulation

With super glue? LOL!

 

[Rshermr]

Mercantilism was "free trade"

Wrong!!! free trade is when individual people decide what to do. Mercantilism is a liberal govt policy.

Ummm, go back and read what I posted......don't just cut and paste a tiny sliver and then pretend that was the gist of the post. That is very dishonest of you.

Mercantilism was "free trade"

Wrong!!! free trade is when individual people decide what to do. Mercantilism is a liberal govt policy.

Excuse me, you cut off my post without posting the whole thing which is very dishonest...please go back and look at the post again. The Federal Reserve and their banks attach usury to every fiat "dollar" put into circulation which begs the question of how could there ever be enough paper money in circulation to pay back the principle AND the interest that was attached from the extension of credit that was created out of thin air to begin with? We have been used as debt slaves and it is time that we got off of this train.......fuck this corporate "gubermint" entity and it's owners, the central Federal Reserve bank.

The Federal Reserve and their banks attach usury to every fiat "dollar" put into circulation

With super glue? LOL!

Nah. I am sure it is epoxy.