US will never default cause you print the money, Trump

[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...

 

[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.

 

[boevans]

"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.

 

[SeniorChief_Polock]

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...

The debt clock under Obama's rule looks pretty promising to you?
Pull your fucking head out of your ass. Really.

 

[sjay]

"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.

You are such an idiot it's not ss generation that's the problem it's the welfare generation that's the problem.

 

[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.

Durr

 

[boevans]

"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.

You are such an idiot it's not ss generation that's the problem it's the welfare generation that's the problem.

Says idiot boy. Go read ALL of the above. Yes, the 'reformers' want to reform SS as well. Folks like you simply can't think clearly.

 

[Toro]

"I love debt. I'm the king of debt." - Donald J Trump

 

[sjay]

"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.

You are such an idiot it's not ss generation that's the problem it's the welfare generation that's the problem.

Says idiot boy. Go read ALL of the above. Yes, the 'reformers' want to reform SS as well. Folks like you simply can't think clearly.

The ss generation worked for their bennies and now have to scimp to make ends meet,the welfare gen.which you're no doubt part of sits on their lazy fat asses and complains about not getting enough handouts.

 

[Dovahkiin]

He's correct.

 

[EdwardBaiamonte]

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?

 

[Gary Anderson]

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.

 

[Gary Anderson]

, the GOP argues that "we must restructure the twentieth century entitlement state."

How come all the Republicans in congress are all millionaires? They are welfare queens like no other.

 

[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?

 

[Toddsterpatriot]

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.

Regardless of Trump, you are entitled to entitlements.

Why?

However, cutting out money for the middle class and poor while banks continue to be bailed out daily is a joke.

The banks paid back their TARP loans. The US Treasury even made a profit.

 

[Gary Anderson]

Regardless of Trump, you are entitled to entitlements.

Why?

However, cutting out money for the middle class and poor while banks continue to be bailed out daily is a joke.

The banks paid back their TARP loans. The US Treasury even made a profit.

The definition of an entitlement is that you are entitled to it. There is no why necessary.

As far as banks paying back their TARP loans it doesn't matter. They destroyed the economy with toxic lending, planned by the Fed which mispriced risk, and then the Fed didn't even bother to buy bad debt off them in order to keep them solvent. The Fed instead bailed them out with excess reserves that they don't even lend and they got their houses back! Here is how the Fed, using the banks, caused trillions of dollars to be transferred from the middle class to the wealthy. It was central bankers, who really took down the middle class by imposing mark to market as well as letting the commercial paper market totally implode. Central Banker ProCyclical Craziness and China Could Be The Next Basel Victim Or Not

 

[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.

 

[Moonglow]

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?

 

[Toddsterpatriot]

Regardless of Trump, you are entitled to entitlements.

Why?

However, cutting out money for the middle class and poor while banks continue to be bailed out daily is a joke.

The banks paid back their TARP loans. The US Treasury even made a profit.

The definition of an entitlement is that you are entitled to it. There is no why necessary.

As far as banks paying back their TARP loans it doesn't matter. They destroyed the economy with toxic lending, planned by the Fed which mispriced risk, and then the Fed didn't even bother to buy bad debt off them in order to keep them solvent. The Fed instead bailed them out with excess reserves that they don't even lend and they got their houses back! Here is how the Fed, using the banks, caused trillions of dollars to be transferred from the middle class to the wealthy. It was central bankers, who really took down the middle class by imposing mark to market as well as letting the commercial paper market totally implode. Central Banker ProCyclical Craziness and China Could Be The Next Basel Victim Or Not

The definition of an entitlement is that you are entitled to it. There is no why necessary.

An entitlement could be cut or eliminated at any time. Your Social Security isn't guaranteed.

As far as banks paying back their TARP loans it doesn't matter.

If you're whining about government spending money on banks, while cutting out giveaways to the poor and middle class, the fact that the loans were repaid most certainly matters.

They destroyed the economy with toxic lending,

Destroyed? How much did GDP decline?

and then the Fed didn't even bother to buy bad debt off them in order to keep them solvent

Can you imagine the whining if the Fed had bought their bad debt? LOL!

Here is how the Fed, using the banks, caused trillions of dollars to be transferred from the middle class to the wealthy.

Define middle class and then explain how the Fed did that, if you can.

It was central bankers, who really took down the middle class by imposing mark to market as well as letting the commercial paper market totally implode.

You're not claiming this transferred wealth, the middle class had nothing to do with commercial paper and had nothing being marked to market, right?

 

[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.