US will never default cause you print the money, Trump

[Dale Smith]

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?

Yeah, I know you don't and it's not by any fault of your own and I don't have the time to explain right at this moment. Go back through my prior postings because I have written quite a bit about this topic.

 

[EdwardBaiamonte]

I don't have the time to explain right at this moment..

odd how a liberal always gets to that point?

 

[Dale Smith]

I don't have the time to explain right at this moment..

odd how a liberal always gets to that point?

......

That is a low blow....I would kill myself before I would ever be what passes for a liberal....it's akin to being called a pedophile to me.

 

[Markle]

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...

Yeah, we know, you're BRILLIANT.

Please educate me. Why would you purchase a mortgage when the market went bad? Who did you buy them from?

 

[Markle]

"Entitlement" reform as suggested above will not occur because the SS generation will not permit it. The elderly will destroy any politician and any political group that attempts to do so.

As you know, entitlement reform will not affect current recipients of Social Security. Medicare is a different story insofar as Lame Duck President Barack Hussein Obama's great Obamacare, already took billions from the program.

 

[JimH52]

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...

Yeah, we know, you're BRILLIANT.

Please educate me. Why would you purchase a mortgage when the market went bad? Who did you buy them from?

If Donnie were ever elected, he would make you all look like huge fools. He would balloon the deficit as never before and create govenrmental agencies you never dreamed of. But please keep hugging his leg...

 

[Markle]

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."

Regardless of Trump, you are entitled to entitlements. However, cutting out money for the middle class and poor while banks continue to be bailed out daily is a joke.

PLEASE show us where banks have been bailed out this year?

As you should know, banks have paid back what they owed plus interest.

Let me be clear, I was opposed to the bailout of the banks and more strongly that of the auto industry.

 

[Markle]

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...

Yeah, we know, you're BRILLIANT.

Please educate me. Why would you purchase a mortgage when the market went bad? Who did you buy them from?

If Donnie were ever elected, he would make you all look like huge fools. He would balloon the deficit as never before and create govenrmental agencies you never dreamed of. But please keep hugging his leg...

You seem to have missed my two questions. That's okay, I'll repeat them: "Please educate me. Why would you purchase a mortgage when the market went bad? Who did you buy them from?

How much do you claim Donald Trump will "balloon" the deficit along with the promises from Hillary Clinton and Bernie Sanders. You know, just so we can compare.

 

[Markle]

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

From your posts, I would expect that you have little or no experience in negotiating, especially big dollar transactions.

There are several rules of negotiating which are etched in stone. In fact, they were included in Donald Trumps book "The Art of the Deal".

One is that you never, ever say what you will NOT do. You say what you will do, what you are offering but NEVER what you will NOT do under any circumstances.

Another is that you are ALWAYS willing to get up and walk away from the table.

A prime example of that would be when former President Ronald Reagan was negotiating with Mikhail Gorbachev at Reykjavik, Iceland. When the Russians continued to make demands unacceptable to the United States. President Reagan shocked the USSR and the rest of the World when he got up and walked out.

The result, as you know, was that the Wall came down and the Soviet Union collapsed.

 

[EdwardBaiamonte]

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."

Regardless of Trump, you are entitled to entitlements. However, cutting out money for the middle class and poor while banks continue to be bailed out daily is a joke.

PLEASE show us where banks have been bailed out this year?

As you should know, banks have paid back what they owed plus interest.

Let me be clear, I was opposed to the bailout of the banks and more strongly that of the auto industry.

and are you also opposed to continuous bail outs for failed individuals until death with no pay back whatsoever? Odd how Marxist liberals wont give a temporary helping hand to failing businesses but love permanent bailouts for failing individuals.

 

[JimH52]

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...

Yeah, we know, you're BRILLIANT.

Please educate me. Why would you purchase a mortgage when the market went bad? Who did you buy them from?

If Donnie were ever elected, he would make you all look like huge fools. He would balloon the deficit as never before and create govenrmental agencies you never dreamed of. But please keep hugging his leg...

You seem to have missed my two questions. That's okay, I'll repeat them: "Please educate me. Why would you purchase a mortgage when the market went bad? Who did you buy them from?

How much do you claim Donald Trump will "balloon" the deficit along with the promises from Hillary Clinton and Bernie Sanders. You know, just so we can compare.

I will consider answering you when Donnie releases his tax returns. I OWE YOU AND YOUR GOP BIMBOS NOTHING!

 

[EdwardBaiamonte]

I OWE YOU AND YOUR GOP BIMBOS NOTHING!

why bimbos when GOP is for freedom exactly like our Founders were?

 

[JimH52]

I OWE YOU AND YOUR GOP BIMBOS NOTHING!

why bimbos when GOP is for freedom exactly like our Founders were?

Freedom to Bully, you mean?

 

[Lewdog]

Good Lord, just imagine how much money could be raised by raising import taxes! Imagine the money that could be raised by taxing Wall Street investors who bet on companies to fail! Imagine the money they could be raised by forcing Americans with offshore accounts to pay taxes on that money! Imagine how much money can be raised once companies starting bringing their factories back to the U.S. because they can't afford the import taxes!

There is all kinds of money to be made out there by the government...it just takes having the right businessman get into office.

- Not to mention if they would legalize Mary Jane and make it have a federal tax like cigarettes. We could pay off the National Debt in no time off all the pot heads.

 

[Markle]

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."

Regardless of Trump, you are entitled to entitlements. However, cutting out money for the middle class and poor while banks continue to be bailed out daily is a joke.

PLEASE show us where banks have been bailed out this year?

As you should know, banks have paid back what they owed plus interest.

Let me be clear, I was opposed to the bailout of the banks and more strongly that of the auto industry.

and are you also opposed to continuous bail outs for failed individuals until death with no pay back whatsoever? Odd how Marxist liberals wont give a temporary helping hand to failing businesses but love permanent bailouts for failing individuals.

You are making no sense. Perhaps you could clarify your post.

 

[sealybobo]

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...

Republicans don't tell the public what they are going to do if they have the votes. I wonder how many would vote Republican if they knew what their actual agenda is.

Or how many would skip midterms like so many do.

 

[Markle]

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...

Yeah, we know, you're BRILLIANT.

Please educate me. Why would you purchase a mortgage when the market went bad? Who did you buy them from?

If Donnie were ever elected, he would make you all look like huge fools. He would balloon the deficit as never before and create govenrmental agencies you never dreamed of. But please keep hugging his leg...

You seem to have missed my two questions. That's okay, I'll repeat them: "Please educate me. Why would you purchase a mortgage when the market went bad? Who did you buy them from?

How much do you claim Donald Trump will "balloon" the deficit along with the promises from Hillary Clinton and Bernie Sanders. You know, just so we can compare.

I will consider answering you when Donnie releases his tax returns. I OWE YOU AND YOUR GOP BIMBOS NOTHING!

I never doubted you were lying when you made this meaningless statement: "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.

I asked you two simple, honest questions and, wow, you have no clue.

In fact, you seem to have missed my two questions. That's okay, I'll repeat them: "Please educate me. Why would you purchase a mortgage when the market went bad? Who did you buy them from?

My guess is that you cannot, without "Bing" or "Google" even tell us, what is a mortgage?

Step up my good friend.

 

[sealybobo]

Good Lord, just imagine how much money could be raised by raising import taxes! Imagine the money that could be raised by taxing Wall Street investors who bet on companies to fail! Imagine the money they could be raised by forcing Americans with offshore accounts to pay taxes on that money! Imagine how much money can be raised once companies starting bringing their factories back to the U.S. because they can't afford the import taxes!

There is all kinds of money to be made out there by the government...it just takes having the right businessman get into office.

- Not to mention if they would legalize Mary Jane and make it have a federal tax like cigarettes. We could pay off the National Debt in no time off all the pot heads.

Republicans say companies will pass on the costs to us but that's a lie. We won't buy it if it's priced too high.

And if you don't like it bring jobs back home. Then we'll be glad to pay more for your products.

And consider your top execs make too much. Bod too

 

[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...

Republicans don't tell the public what they are going to do if they have the votes. I wonder how many would vote Republican if they knew what their actual agenda is.

Or how many would skip midterms like so many do.

Seriously, as much as I despise the Boehner faction that are pure neocon? I fucking despise the pieces of unaldulterated shit like you and yours. Your ignorance of how things work is beyond disgusting.. You have an entitlement mentality without ever figuring out how the largesse can ever be paid back because you don't have the slightest clue as to the root cause. All you know is that you "want" and those with the deepest pockets better pony up or else. I see leftards on youtube all the time with their little rallies spewing bullshit of how they are owed and I just shakle my head. The only conclusion that I can come to is that leftards are the dumbest pieces of dung on earth and they seem to be proud of their ignorance......hell, they like to wallow in it. When the shit hits the fan with the financial collapse that is a certainty...they will be sitting on the curb with their little heads in their hands with an empty belly wondering "Where is my gubermint to feed me???"......I hate to say this but there is a aprt of me that is going to enjoy this show. I have provided for me and mine thus I have prepared accordingly....these asswipes will be insisting that I share....ain't gonna happen.

 

[sealybobo]

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...

Republicans don't tell the public what they are going to do if they have the votes. I wonder how many would vote Republican if they knew what their actual agenda is.

Or how many would skip midterms like so many do.

Seriously, as much as I despise the Boehner faction that are pure neocon? I fucking despise the pieces of unaldulterated shit like you and yours. Your ignorance of how things work is beyond disgusting.. You have an entitlement mentality without ever figuring out how the largesse can ever be paid back because you don't have the slightest clue as to the root cause. All you know is that you "want" and those with the deepest pockets better pony up or else. I see leftards on youtube all the time with their little rallies spewing bullshit of how they are owed and I just shakle my head. The only conclusion that I can come to is that leftards are the dumbest pieces of dung on earth and they seem to be proud of their ignorance......hell, they like to wallow in it. When the shit hits the fan with the financial collapse that is a certainty...they will be sitting on the curb with their little heads in their hands with an empty belly wondering "Where is my gubermint to feed me???"......I hate to say this but there is a aprt of me that is going to enjoy this show. I have provided for me and mine thus I have prepared accordingly....these asswipes will be insisting that I share....ain't gonna happen.

So you are one of those typical white rich assholes who got his and afraid we might make things right.

My brother makes over $500k a year. He got mad at me when I said $150k yr is plenty of money. Of course you rich people don't think so. So out of touch.

Glad you can't wait for the big collapse loser. Sure you'll be OK. But I will. I unlike you want to avoid the collapse. Step 1 raise taxes. 2. Bring jobs back home. 3. Pay employees more. 4. Stop being a liar and pussy asshole