Discussion: Trump's Nutso Idea On U.S. Debt Walked Back By His Finance Chair

Why not? It’s his own personal favorite business practice. How cool that he’s willing to use it to bring the reputation of the United States of America down to the level his own reputation is comfortable with.

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Funny. That’s what Clinton said.

Are Republicans sure Trump is a conservative?

This is a perfect description of how it’s going to be. It’s also the saddest post I’ve read in a long, long time.

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What does Susan Sarandon (and all those pushing the “Trump and Clinton are basically the same” false equivalency) have to say about this?

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This vignette will appear in Chapter 11 of “Why Donald Trump is Totally and Irreparably Unqualified to be President”

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Yeah, this will be a world disaster if he becomes president, but I worry that it could upset the global economy if he’s the nominee (which he sort of is already) and says things like this.

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I will admit to a brief and passing pity for the poor Trump shlubs who going to have come out in some news interview and clean up what stupid thing their boss said just a few hours before.

it’s going to be a long six months

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Well it worked out great in Kansas and Wisconsin and Michigan, what more proof do you need?

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I don’t know- we haven’t heard from the Defaulter-in-Chief himself yet.

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Trump’s basic business plan: Don’t pay your bills. Whether it is through bankruptcy, reorganization of debts, or bullying. The most vulnerable need to watch out. He will take advantage.

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Well, that’s what trump does. Runs up debt, then defaults. Hence the more than half dozen bankruptcies.

A lot of us would probably be rich too if we never paid our debts, defaulting on our creditors.

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they let W happen, so my faith in supposedly smart people disappeared long ago.

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Bbbbbuttt…Donald is living proof that with a little luck, a $200million inheritance and very generous miracle of US bankruptcy laws…anyone can make it in America!

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Uh, Donnie … unlike you and your business ventures, the United States
cannot declare bankruptcy in order to shield itself from its debt
obligations.

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No matter what you say, sir, you cannot put lipstick on that Duroc hog… why you ask?
Here is why:

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There are plenty of countries out there that owe money to the United States. I wonder how “President” Trump would feel if they took a leaf out of his playbook and announced that they’d unilaterally cut their debt. I’m willing to go out on a limb, though, and assume that he would not like it.

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I hope the Ds - especially HC - start going after Trump on this, explaining how it would ruin the country-- even how speculating on it would do incalculable damage. They should go after Trump - day after day - not letting him get away with his comments just because his finance director walks it back. And the Ds need to get economists of all stripes to denounce Trump, as well. My concern is that the Ds will let this slide and disappear into thin air. Trump has a lot of experience with bankruptcy, but he can’t be allowed to take America into bankruptcy.

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I like Josh Brown. Actually kind of surprised he’s not a Democrat. I guess the fact that he isn’t all political, all the time, misled me. Most of the Republicans on CNBC insert their bias at every turn.

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I was worried that the Republicans might declare an open Convention and dump Trump.
Now I’m worried that his limo is going to blow up.

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If Trump becomes president, he would be the most unqualified president in generations. He has a lot of confidence for a clown who seems to think he’s going to get on the job training.

George W. was only slightly more qualified. That didn’t turn out so well.

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