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Donald Trump's Unusual Plan to Lower the National Debt:
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You are currently reading a thread in /pol/ - Politically Incorrect

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As president, Donald Trump would sell off $16 trillion worth of U.S. government assets in order to fulfill his pledge to eliminate the national debt in eight years, senior adviser with the campaign Barry Bennett said.

"The United States government owns more real estate than anybody else, more land than anybody else, more energy than anybody else," Bennett told Chris Jansing Sunday on MSNBC. "We can get rid of government buildings we're not using, we can extract the energy from government lands, we can do all kinds of things to extract value from the assets that we hold."

In a wide-ranging interview with The Washington Post, Trump said he would get rid of the $19 trillion national debt "over a period of eight years." The article noted that most economists would consider Trump's proposal impossible, as it could require slashing the annual federal budget by more than half.

Glenn Kessler, who writes the Post's Fact Checker column, deemed the plan "nonsensical" and gave it "Four Pinocchios." Kessler assessed that even if Trump were to eliminate every government function and shut down every Cabinet agency, he would still be short $16 trillion.

"We regret we have only Four Pinocchios to give for this whopper," Kessler said. "Trump is insulting the intelligence of Americans for making such a claim in the first place."

However, when pressed on whether the United States could sell off $16 trillion worth of assets, Bennett responded affirmatively on Sunday.

"Oh, my goodness," he said. "Do you know how much land we have? You know how much oil is off shore? And in government lands? Easily."

The federal government's assets totaled $3.2 trillion as of September 2015, according to the U.S. Government Accountability Office. However, that does not include include stewardship assets or natural resources.

http://www.nbcnews.com/politics/2016-election/donald-trump-s-unusual-plan-lower-national-debt-sell-government-n549946
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>>69809129
Trump should just cancel the debt

what could anyone do about it?
>>
>>69809129
>The federal government's assets totaled $3.2 trillion as of September 2015, according to the U.S. Government Accountability Office. However, that does not include include stewardship assets or natural resources.
>does not include include stewardship assets or natural resources.
it's not like the feds own the majority of most western states
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>>69809341
Thank the living fuck you're not anywhere near power.
>>
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We should be using our resources. Trump is absolutely right. Why give the sand niggers our money when we have energy right here at home?
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>>69809129
>selling your physical assets for zeros and ones

Trump is not this fucking stupid right /pol/?
>>
>>69809554
I seriously wish we would just fuck off from the world, just to see it go to shit without us
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>>69809577
He most certainlly is.
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>>69809685
Me too

I want all the faggots who hate america to beg for us to come back. While we sit in our country happy as can be. Eating burgers and shooting guns watching the world implode.
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>>69809685
>Implying it's not going to shit with you
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>>69809341
For that to work we'd need to have a balanced budget going forward because nobody would loan us money anymore, and our politicians are too retarded to do that.
>>
>selling off protected lands so corporations can rape and pillage them

Did you fuckers not learn anything from Teddy Roosevelt?
>>
Love him or hate him, at least this guy has ideas.
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>>69809517
Good thing my proxy is on his way

Really though if you weren't on the losing end of that option would you think it was so bad?
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>>69809554
http://www.randalolson.com/2014/08/28/where-the-u-s-gets-its-oil-from/
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>>69809796
I feel you bro
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>>69809950
USA would never get a loan again and a lot of US citizens hold debt (which would go to zero value).

I often think the only end game if for the USA to shrug their shoulders and say: Don't like it, come at me. But the financial fallout would be crazy.
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>>69809877
I posted this so intelligent people could see why Trump is a retard. Sadly, there will always be idiots who think every idea he has is a good one regardless, but the smart ones should be made aware of what he's actually talking about doing.
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>>69809891
he has elementry school bullshit ideas
the only person worse than trump is bernie
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>>69809129
This is a Great Idea I first encountered in the Book;

Financial Terrorism : Hijacking America Under the Threat of Bankruptcy by John Birch Society president John F McManus

http://www.amazon.com/Financial-Terrorism-Hijacking-America-Bankruptcy/dp/1881919021/ref=sr_1_1?ie=UTF8&qid=1459710804&sr=8-1&keywords=hijacking+america+under+the+threat+of+financial+terrorism

He points out the vast tracts of land owned by the Feds which could be sold off to pay off the debt.

I invited this guy Hal Shurtleff over to my home to tell me about the JBS and bought this book

https://www.youtube.com/user/halshurtleff
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>>69810131
Not all of his ideas are good
But everyone elses fucking plan is to just keep spending money
Unless Cruz has something else planned?
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>>69810131
I am not a big fan of selling off land to pay for a 19 trillion debt (its like pissing in ocean) but you have to admit in terms of the middle east, ISIS and immigration in Europe the man is prophetic
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>>69810268
>Unless Cruz has something else planned?
Cruz will be announcing his plan to sell off government assets tomorrow
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>>69810228
yeah, his criticism of Iraq war would destabilize middle east sure was stupid looking back.
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>>69810368
No, he will go bigger and bolder and sell entire states. Show is a real man compared to Trump.
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>>69810368
Top fucking kek
Oh man, both plans are pretty bad. No one has a good plan for this it seems.
>>
GREAT ASSETS
TREMENDOUS CASH FLOW
VERY LITTLE DEBT
>>
We're a debtor nation, we should sell national treasures like the Constitution, Declaration of Independence, the Statue of Liberty to private buyers.
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He's right you idiots.
We have more oil in the form of shale oil than the rest of the world has in any form combined — twice over.

The technology just wasn't there to recover it until recently. It was possible, just costly.
Why do you think oil prices dropped like a rock? No news network reports on it because there's basically a media ban in most western countries to think oil price is still volatile.

t. petroleum engineer
this shit could be sold for less than water and we'd make a profit
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>>69809129
>Ameridiots will defend this retard
>>
>>69809341

>no one is on the other side of that debt

Yea since China and every 3rd world / EU nation are holding US debt - they would be happy about that and totally not start WW3.
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>>69809129
as usual, the God Emperor is right.

The California holdings alone would make quite a dent.
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>>69810559
If they want to attack us they would have to kill all 300 million of us
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>"lets drill for oil in national parks and off our coasts!"
>at a time where the price of oil has plummeted to unprecedented levels
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>>69809577
His supporters probably think it's a genius move
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>>69810355
>in terms of the middle east, ISIS and immigration in Europe the man is prophetic
Not at all. The man doesn't have a clue. Foreign leaders are laughing at us because the man doesn't have a clue on foreign policy. Hell, he doesn't even know how our own government works. He thinks the Supreme Court can be used to investigate Hillary. He's a fucking joke!
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>>69810084
We could be sure to pay back anything owed to U.S. citizens

also they could pass a balanced budget amendment and we could make due with the whole of our revenue like we should the only thing I'd be worried about is going broke during a war

No one would dare cross us though we're world hegemon, I bet down the road a few countires would probably be open to loans again
>>
https://www.youtube.com/watch?v=HVIKp7A_ogQ
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>>69810524
it was all over the news desu
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>>69810131
Its sad that you think the federal government should own any land. This is how I know the country that our great fathers made is no more. You get the government you ask for and either you or your children will bow to overlords
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>>69810611
GOD BLESS TEXAS MY HOME SWEET HOME
>>
>>69809129
ohboy. this is one thing i cant agree with.

cunts, look what happened when australia sold of our resources.

house prices skyrocketed, elec prices....the chinese are jewing us hardcore.

don't do this, it's quick cash to look good and 10 years later you regret it
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>>69810559

THEM AND WHAT ARMY!!!?!?!
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>>69810437
>yeah, his criticism of Iraq war would destabilize middle east sure was stupid looking back.
Nigga it didn't take a genius to figure out that invading Iraq was a bad fucking idea. If that's what you think he should hang his hat on, then you're a moron. Literally everyone who wasn't a complete buffoon knew it was a bad idea.
>>
>fact checker

I really hate how this fucking journalists are in charge of the merits of policy by doing their biased research. Also, I can see this proposal going very well or not so well. We'll see.
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>>69809129

this man is a billionaire genius that knows what to do with real estate assets.

sounds like a solid plan.
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>>69809129
Que the "Oh no, we have to pay our debts back?" crying.
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>>69810777

Well then the choice is between Trump and a complete buffoon.
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>>69810676
I would be against Trump if he was threatening to take away my free military protection

Using the foreign leader doesn't like Trump is such a stupid argument. They want to candidate who will benefit their country the most. They could give 2 shits about USA>
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>>69810611
Sorty bro it's not going to work this is genuinely autistic.
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>>69810671

Just print more money
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>>69810743
>tfw they own fuck all in my state
Feels good man
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>>69810789
does anyone else enjoy the irony of a businessman — no, one of the best businessmen alive — being fact checked on an economic statement by a journalist?
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>>69810777
your boy Cruz thought it was a good idea.
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>>69809796
Doesn't work that way, you consume most of the world's assets, did you think freedom comes free? Do you know how unfree people work so you can be free?
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>>69809129
>measuring statements in "Pinocchios"
>pls someone let me off this ride

Seriously though. The government literally owns like 75% of the land west of the mississippi, just sell it to the people, to whom it rightfully belongs.
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>>69810524
>Why do you think oil prices dropped like a rock?
Isn't it because the Saudis flooded the market with their oil to drop the price so low that fracking isn't economically viable?
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>>69809129
>>69809129
>Christina Coleburn

JESUS FUCKING CHRIST YOU CAN'T MAKE THIS SHIT UP
>>
Trump would have to advocate raping children with down syndrome in order to be considered a worse option than Hillary desu.
>>
>>69810559
you're fucking retarded
>>
>>69809341
Canceling the debt is stupid.

What you do is that you let the Fed buy a few more trillions. THEN you cancel the debt which the Fed holds... or you just keep it on the Fed's book forever and ever.

The real debt is only the one not held by the Fed or the states or the government.
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>>69809341
This is probably le epic trole but I've seen people talk about shit like this before. What would happen is no one would lend the USA money ever again.
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>>69810850
Hey moron. You DO know that "foreign leaders" include our allies, right? They are scared shitless of the idea of a Trump presidency. They know he's a moron who doesn't have a clue.

I know more about foreign policy and international relations than Trump does.
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>>69810772
Yeah i feel you, you never agree 100%
The other candidates are just as bad though, shit sux, no one has a good idea
>>
>sell our land in japan back to the japanese who have been pushing to get it back for decades
>vastly overcharge them and let the japanese people be the source of the backlash if they refuse.
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>>69810559
China has no force projection and our EU fiefdom relies on us for protection

No one would dare to challenge us militarily just for some loan payments though I'm sure china will take a very aggresive posture
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>>69809341
>what could anyone do about it?
stop doing any Business with you in the future??
>>
Wait, wait, wait. You people are against government giving back land to American people?
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>>69810918
>your boy Cruz
Try again. I'm a Bernie supporter.
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>>69810953
No, sort of, but they did that to attempt to keep shale oil out of the market.
They basically tried to play economic chicken with some of the richest people alive and lost, badly.
The middle east will have no rich people in 20-30 years.

And for the people saying:
>WE NEED 2 GET OUR OIL FROM US...
75% of all oil we consume is domestic, the highest its been in decades. Less than 2% comes from Saudi Arabia — over half of our import is from Canada.
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>>69810906
>one of the best businessmen alive
>>
Get in here /pol/
Bernie Truthers think they can talk about Social Justice Without our Opinions
https://www.youtube.com/watch?v=XEFB5DA1pk0
>>
You know I'm not a Greenpeace fag or anything but I really hope you guys don't destroy your environment and national parks.
>>
>>69810708
Hey. My grandpa was involved with them back in the day.

>>69810795
So the Chinese and rich Jews like Carl Icahn can buy up our land? Idk, man.
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>>69810982

I would be for selling the fed's assets.

But about 1/2 of their assets are the MBS's that were bought from banks after the housing crisis.
They're fucking worthless.
>>
>people on /pol/ actually think we can just cancel our debt
jesus christ i have discussions with you people show some restrain on saying retarded shit
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>>69811052
He wants to double the debt
Thats ab even worse plan
>>
>>69809341

>complete devaluation of US currency
>hyperinflation
>secound chance nigger tier credit ratings
>2nd great depression
>global financial meltdown


no big deal I guess
>>
>>69811106
ok
watch this
https://youtu.be/Rksd80-FCAw

he completely destroys the opposing politicians multiple times and proposes ways to stimulate the economy and collect taxes that they never even thought of and are basically in disbelief
>>
Trump's mistake is that he things that a nation must be run just like a corporation.
>>
>>69809341
the UN would be very concerned
>>
>>69811043
They are just reddit shills.
>>
>>69811140
Well we could, but it would be a horrible fucking idea
Also one anon /=/ all of /pol/
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>>69811043
Nothing good has ever come from a government selling off its assets to pay off debt. In fact, that's the exact opposite of what you want to do. The only ones who benefit are greedy corporations and the rich.
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>>69811043

You know god damn well those "people" will end up being corporate entities, where they'll turn the land into shit, just like oil companies have done with fracking and coal extraction.
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>>69811052
bernie would devastate this country, it's amazing people even take him seriously
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Is no one else going to comment on how this is one of the authors of the link. Her name is Christina Coleburn. COLEBURN. She's black. She is a literal meme. We don't have to take this seriously.
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>>69809341
not much, bitch and moan, make the interest rates higher for a while, foreign countries might devaluate the dollar if they sell off their reserves as retaliation, which is hardly a bad thing.

But you have to remember who owns the debt, it's not China, that's a meme, it's Americans, rich ones, the ones who actually run the show. And they wouldn't take the suggestion lying down. So it's not gonna happen, you don't screw the richest Americans out of their money that easily.
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>>69809129
>Glenn Kessler, who writes the Post's Fact Checker column, deemed the plan "nonsensical" and gave it "Four Pinocchios."

What is with these people crying "liar liar" when faced with facts they can't understand?
>>
>>69811010
Who has been critical of Trump thats an ally? Merkel? The person who is going to turn their country in a caliphite. Good, another reason why I am supporting Trump.
>>
>>69811034
We're basically the corner stone of the world economy, many countires couldn't avoid us without ruining themselves
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>>69811237

>muh fracking

gtfo reddit
>>
>>69810772
We aren't gonna sell our shit to the fucking Chinese like you idiots.
>>
>>69811010

Nah, he's right. You're retarded.
>>
>>69809129
This has everything to do with the Bundy situation.
>>
>>69810671
How would the entire US relying entirely on domestic (and canadian pls) oil affect the cost of a barrel?

Since the Saudi's have pretty much complete control over most of the production, would it be better for the US to stop taking and start using/exporting domestic?
>>
>>69810671
Oil prices have dropped because the Arabs are trying to dominate the oil industry from the Western oil companies. If we reopened oil wells I'm the u.s. we'd be killing the Arabs. The Arabs aren't dumb enough to drop oil prices any lower than they already are. If increased Western oil production, we'd be putting the Arabs into a limbo all while stimulating the u.s. economy.
>>
>>69811237
This.
>>
Get in here /pol/
Bernie Truthers think they can peacefully talk about Social Justice.
https://www.youtube.com/watch?v=XEFB5DA1pk0
..
>>
>>69809341
This would work BUT it would mean the government would never be able to borrow from anyone again as nobody would trust them.
>>
>>69811043
Yes, because the only "people" that can afford that land are corporations and the super rich.

You're delusional if you think Joe Everyman is going to be buying any former national land.
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>>69810556
>no gold
B-but at least you have a national maple syrup reserve, right?
>>
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>>69811316
Wow, nice argument anon, I'm convinced.

Tell me more about your extensive knowledge on international relations and U.S. foreign policy.
>>
>>69811246
that's the goal, aniki

a devastated country needs more gubmint
>>
>>69811246
His supporters are a bunch of college kids thinking uncle Bernie will magically make their student debt disappear and make healthcare free.
>>
>>69809129
>government owned land

Why does this exist?
>>
You aren't seeing the genius of this plan. Selling assets isn't going to bring in much money, but its a true capitalist plan. Buyers will make them producing assets and pay taxes. That militia in Idaho was complaining how the feds were allowing corps to abuse state lands
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What a stupid idea. This would severly weaken the US. I was MAGA since the beginning, but the last couple of weeks... well, he is still right about immigration.
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>>69810559
China would tank because they depend too heavily on our trade. The EU military is negligible.
>>
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>>69809129
I like it.
>>
AUDIT
THE
FED
>>
If he wants to sell national parks that's a deal breaker for me actually. But I don't think Clinton would be any better
>>
>>69811435
your argument that Trump's policy is bad because its upsetting people is too concrete to attack. I am tapping out
>>
>>69811471

Fuck off you;re not getting your gold back quit crying.

#lowenergy
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>>69811435

You don't know nothing. I've dealt with people like you before.

But go ahead and keep thinking that you do, while you work your average job and get paid your average salary, because you know so much.
>>
>>69811444
When the third world does it it's called corruption.
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>>69811444
national parks m8.
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>>69811471
except we're sitting on more oil than the rest of the world combined and it will be worthless in 100 years

this is like the people who got mad at tony abbott for mining all that coal to sell to china
tony abbott fucking boosted the shit out of australia's economy and got rid of coal before it was worthless(see: right fucking now)
>>
The U.S. has too many goddamn problems.
First, we owe the world $16 trillion dollars, and not a single American has a rate to pay for it. Get rid of Welfare and turn those tax percentage into a flat rate so that American citizens and even undocumented workers can slowly pay off the debt. Second, the dollar is losing it value, fast. In 1960, you could go to the grocery store with one dollar and buy two gallons of milk, a carton of eggs and a loaf of bread, now you can't even buy a candy bar for $1.
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>>69810933
And imagine if we started producing those assets in our own country. You would all die poor.
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>>69811591
>average job
>average salary
>know nothing
The amount of information you have about my life is literally zero.
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>>69810671
>implying oil is the only resource you get from the land

Iron, rare earth metals, gemstones, etc. The only downside is that this is a one-time thing and it will encroach on a lot of national park area. However, the government does have a lot of shitty land holdings that are good for nothing other than exploiting for resources.
>>
>>69811342
>How would the entire US relying entirely on domestic (and canadian pls) oil affect the cost of a barrel?
That is already what's happening. The US overwhelmingly relies on domestic and Canadian oil. We have an oil surplus right now.

>Since the Saudi's have pretty much complete control over most of the production
No they don't.

>>69811348
>If we reopened oil wells I'm the u.s. we'd be killing the Arabs.
Again, that's already happening.

>The Arabs aren't dumb enough to drop oil prices any lower than they already are.
Yes they are.
http://www.wsj.com/articles/iran-oil-minister-refuses-saudi-demand-to-curb-crude-output-1459696604
>>
>>69811303

http://www.usatoday.com/story/money/business/2014/01/05/some-states-confirm-water-pollution-from-drilling/4328859/

These stories are common. Keep living in denial, you dumb nigger. You don't care because you probably don't live in an area where this affects your fucking drinking water.
>>
>>69811647
>and turn those tax percentage into a flat rate
go back to foxnews.com
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>>69811675
>Yes they are.
this
arabs don't know what to do because they can't beat us in an economic chicken
we have so much oil that we can't be stopped by lowering the price

they're basically running around with their heads chopped off, we won.
>>
>>69810957
OOOY VEEEYYY GOYIM DON'Y PAY OFF YOUR DEBT WE NEED TO ENSLAVE YOUR CHILDREN AND BANKRUPT AMERICA
Jews, it's always the Jews. Every fucking time, Jews.
>>
>>69811669
your a Bernie supporter whose arguement is "other peoples feelings". Its obvious you are a barrista by day but read "Foreign Affairs" when you stop by Barns and Noble after work to hone your deep understanding of international affairs.
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>>69811726
What's the point of schools teaching Algebra if taxes keep fucking fluctuating and are based on social classes so that I can't create a simple fucking formula to figure out how much I'm bringing home every night?
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>>69811043
The problem is it'll get bought up by massive corporations who will buttfuck it into oblivion to make a profit.
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>>69809341
trump supporters everywhere ladies and gentleman.

we waz nuclear power and zhiiet
>>
>>69811099
>over half of our import is from Canada
Just annex our shit up senpai.
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>>69810368

It's funny because it's true.
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>>69811601
And? Again, why does the government need it?
>>
>>69811155
Sounds good to me. Inflation is a meme made by the fed. Fiat currency is a meme. Credit ratings are a meme. It's all just one big meme. Let's crash this globalist cash cow and see what happens.
>>
>>69811384

Really though, why SHOULD anyone trust them in this modern era?
>>
>>69810232
Who has 19 trillion to spend?
>>
>>69811675
>That is already what's happening. The US overwhelmingly relies on domestic and Canadian oil. We have an oil surplus right now.

Alright cool, I think I was misinformed
>>
>>69812001
because nobody else is trusted to maintain national parks.

anyone else would crumble and sell them off at some point, its one of the few situations where the fed has done a good job.
>>
STOP THE MEMES

Only 6 of the 19 trillions are owned by foreign countries, the other 13 trillions are AMERICAN OWNED
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>>69812006
>Let's crash this globalist cash cow and see what happens.
honestly 2-3 years ago I'd make a good argument against this and debate with you and use sources

but I don't care anymore
LETS CRASH IT WOO
MEME MAGIC MEME MAGIC MEME MAGIC
>>
>>69811874
My knowledge of international relations comes from actually studying international relations at a university, but keep thinking that. Trump hasn't displayed an understand of even the most basic IR concepts like balance of power and I bet he knows absolutely nothing about economic development.
>>
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>16 trillion? Ridiculous, that's completely impossible, Trump's a sad liar!!!"
>What? Sure, we have unused assets worth 16 trillion, why?

That's why your should never believe "experts".
>>
>>69809129
>sell off government assets
Anyone else here hyped as fuck to buy some surplus M16s, humvees and ammo?
>>
>>69810676

The other candidates are even bigger jokes though.
>>
>>69812091
no shit
the massive majority of it is social security
we've been borrowing from our social security to pay for 'mo programs' for decades.
Now we're expecting everyone under the age of 50 to just pay for the social security that old people expect to be there and isn't because it got stolen.
>>
>>69811675
OK I believe that they are dumb enough to keep lowering the price, however we still aren't reopening all the wells. About a third of all US wells were closed and since the Saudis started this that number has only dropped to about a fourth.

Also not all US assets are oil. We have so much land out west that we don't use its ridiculous. We still have old abandoned nuclear launch sites from the from the coldnwar in Nevada that cost millions to build. If we sold those off or found a way to reproduce revenue from those locations, we'd be rolling in money.
>>
>>69811444
Gotta hid those UFOs somewhere...
>>
>>69811901
What's wrong with that?
>>
>Trump's unusual plan
>involves using resources to their full potential and selling off unneeded things
>unusual

Nigga that's the most basic plan there is. Are we TRYING to elect someone that doesn't know what they're doing? Are we TRYING to NOT get rid of our debt and just sit on our asses?

Goddamn even if Trump's plan to eliminate the debt is impossible, the fact that he's making strides towards that is an insanely good first step. WTF are the libs smoking.
>>
>>69809129
It worked for us.
ARE YOU READY FOR PRIVATE "Public" TRANSPORTATION?
>>
>>69812162
>Selling off assets to pay off debt
HAS. NEVER. WORKED.

No good has ever come out of a country doing anything like that. The only result is that the country is raped and abused by the ones those assets are sold to. If you want America to be like Africa, then by all means, sell all of our national assets.
>>
>>69811556
Libertarian 3rd world obsession with gold. Keep all you want, you fucking bling-bling-nigger. Germany is industry.

>>69811614
He didn't talk exclusively about oil. There are a lot of assets that, should they get sold, will hurt the American people badly and will weaken Americas power in the long run.
>>
>>69811010
Exactly. The man doesn't understand that we need to keep bringing in cheap foreign labor for us to continue as are. Americans have gotten fat and lazy, not to mention they won't do the dirty work for dirt wages.

We have to continue borrowing/creating money, while using inflation to keep it in check.
>>
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>>69809129
>Kessler

>
3

Kessler intentionally mis-portrayed the entire thing.

Trump doesn't want to shut the whole government down, he wants to sell off some of the hundreds of millions of acres of land it holds, lease some more out to energy companies, and so forth.

The increased economic activity would raise tax money.

Also if you read the original Federal Reserve Act we can simply bail out of the whole thing any time we like and go back to using US Notes.
>>
>>69812091
remembah da $6 trillion goyim

this is who owns the rest (old but still mostly true for proportions)
>>
What is long term result of USA default? I know short term would be chaos but long term USA has to be 7% (i.e. Venezulean rates) for debt?

Sincerely asking to see if I am missing somthing
>>
>>69812384

Denbt industry.
>>
>>69812390
Wow, WaPo shills misrepresenting what Trump proposed? I never thought I'd see the day...

This is why Trump never gets stumped, they always take down a strawman hoping it fools people into thinking he's been taken down.
>>
>>69812468
>What is long term result of USA default?
entire world goes into a panic, global market crash, wars ensue, hunger, starvation

feels good to be part of a country so important that us going bankrupt destroys the world
>>
>>69812373
You should read the art of the deal. In that book trump talked about how he met a man who's sole job was selling off company assets for more money than the company would make revenue from and in turn grew businesses that would have otherwise collapsed into bankruptcy.
>>
>pay off debt in 8 years
>implying loans aren't some 30 years loans
>>
>>69812390
>he wants to sell off some of the hundreds of millions of acres of land it holds, lease some more out to energy companies, and so forth.

inb4 trump says he plans on selling the land to use for solar panels and windmills and makes them look like complete idiots for being anti-green energy
>>
>>69812331
Those corporations are largely Jew-owned.
>>
>>69812620
>Company
>Country
Not the same. Next.
>>
>>69812708
So? They're spending money
>>
>>69812608
I don't know, I agree it would make the "Great Recession" of 2007 look like nothing. But going from a country default to war is a stretch.

I believe it would be a depression, 15% unemployment (businesses can't get loans) but stabilize after 5 years and USA government learns to live within its means.
>>
>>69812349
>Are we TRYING to elect someone that doesn't know what they're doing? Are we TRYING to NOT get rid of our debt and just sit on our asses?
No, because debt benefits the government as the magical boogeyman they can scare sheeple into voting for policies that hurt them, and the Fed will always just print more money so the debt will continue to grow without ever being payed off.
>>
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>>69812471
>he fell for the debt meme
Gullible and impressed by big numbers, aren't you?
>>
>>69811659
>And imagine if we started producing those assets in our own country.

you won't be able to afford them your self
>>
>>69811424
Idiot gold doesn't matter. Physical assets do.
>>
>>69812601
>This is why Trump never gets stumped, they always take down a strawman hoping it fools people into thinking he's been taken down.

Damn right Polandbro. They haven't even tried to take on any of his proposals substantially. At first it seemed baffling to me, but then I realized it was because they probably fear the exposure of their shitty plans.

Stay strong, but you already got your Trump elected. Say a prayer for us.
>>
>>69812736
Selling off unused assets that America has or turning them into revenue producers is exactly like a business.
>>
>>69812776
>Jews
>spending money
>ever a good thing
>>
>>69809129
I like the idea of selling off a lot of the wasted gov't land, because gov't is inefficient as fuck and it would be put to greater use by private enterprise.

However, this brings up a good question: WHO would be purchasing the land?

I'm all for american enterprises buying and owning this land. What I don't want is a bunch of chinks buying it up and jewing us over, like what happened in australia and canada.
>>
>>69812736
a country is basically a company where every citizen has a share in it
>>
>>69811875
Tax brackets existed back in the golden era of the 1950s you fucking retard. And the rich were taxed a lot higher back then.

Fuck off with your South American politics.
>>
>>69812867
>where every citizen has a share in it
Not these days. Countries are companies where other companies have shares in and we're just tax chattel.
>>
>>69812859
So you want them to hoard their shekels instead?
>>
>>69809341
>>69810559

You're both retarded; no wonder the EUfags on this board shit on our education.
>>
>>69812141

That's the spirit!
>>
>>69812945
I want to take their shekels by force. I'd be libertarian but Jews will always Jew.
>>
>>69812468
We would never 'default,' we would re-negotiate.

You have to understand, if you're a small borrower, the bank owns you. If you're a huge borrower you own the bank.

Every bank and nation would be sensible enough to sit down and negotiate down the debt.
>>
>>69811010
u shud kkill urself
>>
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>>69809129

He's an idiot, just pass a balanced budget amendment and let inflation take care of the debt. I can't believe he doesn't understand this.
>>
>>69813047
u got trolled bruh
>>
>>69812934
Maybe in Canada but definitely not America
>>
>>69813047
he's pulling the attention away from his abortion shit you idiot
it's hurting him far more than he thought it would which isn't surprising because it's a difficult question for him, it's one of the few things he can truly be "stumped" on and he knows it
>>
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>>69812468
Given that American bonds would go back to being a better bet than most it would probably go down lower than that after a few years.

Ignore people who say it would create wars, it wouldn't. This being said interest rates are so low it makes you wonder why you'd want to go that route. What matters immediately in a budget isn't how much debt you've got, it's how much it costs to service it.

Look at this table, the interests didn't get much worse, and they're in nominal dollars, if you made up for inflation it would probably be about stable for the whole period shown here.
>>
>>69813017
>I want to take their shekels by force
Good luck with that
>>
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>>69813153
>but definitely not America
>>
>>69813232
Eh, worked for Hitler, didn't it?
>>
>>69812690
Why not? We have millions of acres of sand, setting up windmills or solar furnaces or whatever there could be the thing to do.

We could set up an enormous bank of steerable mirrors across the desert southwest, and use them to generate power, and put some giant orbiting parabolic reflectors in, and have the most powerful death ray ever constructed. Based Archimedes.
>>
>>69813221
how did our interest rate get so low tbqh
>>
>>69812690
Fuck solar panels and windmills, they're ineffiecient, they shit up the land and the energy goes to city fucks.
>>
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I love how trump can proposed just about any brain fart he gets and the poorly educated trump community will jump to the abyss no questions ask.

if he back paddle or flip flops they flip and peddle with em.

later they call Sanders supporters and liberals brainwashed.

fuck you trump idiots your mogul ain't selling the nation to China you traitors will lined on the execution wall
>>
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>>69813243
Says the Canadian
>>69813243
>>
>>69813337
Fuck you, solar is the ideal energy source and we have millions of acres of pure sand that can be put to good use.

Fucking tard.
>>
>>69813309
>worked for Hitler
What alternate history are living in?
>>
>>69813346
because he hasn't proposed anything out of character you idiot
we expect this from him

Trump:
>I want to completely clear the 19 tillion usd debt!
heh, he'd probably try too I bet. Might turn out nice.

Bernie:
>AND WE'RE GONNA HAVE HEALTHCARE FOR ALL AND FREE COLLEGE AND FREE EVERYTHING!
oh jesus it's socialism
>>
>>69812620
Arguments like these are so fucking virtual. And bad. And irrelevant. Just as >>69812736 said.

A nation that doesn't hold many assets and has no control over it's own resources is necessarily weak. It is subject to the whims of those who do exercise control. Sure, maybe it'd yield a short-term economic boost, but a nations primary objective should be power. The economy is just one way to achieve that.
>>
>>69813047
>implying he doesn't understand that
Reminder than Trump got a bachelor's degree in economics from the University of Pennsylvania in 1968.
>>
But if we sell off federally owned land like 150 years worth of executive administrations used to how will we grant extra special "leases" to cronies?
>>
>impossible

What's impossible is our current system. I hate these left wing and neo con rats who are robbing americans and act like this is normal and call people like trump crazy.
>>
>>69813474
I mean it worked until we killed him and destroyed Germany. He seized Jewish shekels and kicked them out of Europe.

The free market is a great idea, but Jews will always use their resources to worm their way into politics and economics and try to control everything.
>>
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As someone who shoots/hunts/ hikes in BLM areas, I can't support this. It only opens the door to rich New York Jews buying up land and closing it off to the rest of us.
>>
>>69813546
>What's impossible is our current system
this lel
nothing in our system even exists, we've just agreed that it does
>>
>>69813346
>your mogul ain't selling the nation to China

No but yours are all for it and have been doing it for years.

That's the thing about anti-Trump people - they fucking lie.

Nice try Dan Gabriel of Applied Memetics.
>>
>>69813492
drink bleach brainwashed idiot

you and your keen are fucking traitors that's what you are.
>>
>>69813516
>>69813546
This. We need a reset button to wake everyone up to the economic and political slavery they're living in. A global economic crash would do just that.
>>
>>69813333
When you don't have anything good to invest in because the whole economy has gone to shit you're happy to have the US government safely park your money for you even for low returns.
>>
>>69812390
>Also if you read the original Federal Reserve Act we can simply bail out of the whole thing any time we like and go back to using US Notes.
No way in hell they'd let that happen without a massive fight.
>>
>>69813643
I'd say sell the land to people who aren't Jews but that'd mean selling it to the Chinese who aren't much better.
>>
>>69812814
We did before. The US didn't get on an import binge until the 90's.
>>
>>69810228
>elementry
>>
>>69813665
fuck you stop projecting and throwing your problems in to us.

traitors
terrorist the lot of you are
>>
>>69811307
apparently you are. don't fall for it. i like trump, but don't let the chinese muscle in, they are crafty. they got one foot in the door here and it was over.
>>
>>69813643
you shouldnt shoot / hike / hunt in black lives matter areas anyway
>>
>>69813464
>ideal energy source
how the fuck is it ideal?

>only works when the sun is shining with no clouds
>expensive to install
>expensive to replace
>takes a lot of area, not very energy dense
>having it far from where you're gonna use it means losses in the transmission of power

People underestimate the whole replacing/maintenance thing. It costs money and also it creates pollution to produce/install/maintain those things.
>>
>>69809129
basically privatize everything
>>
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>>69809554

>Why give the sand niggers our money when we have energy right here at home?

The average Trump supporter's intelligence.

You don't even know what your own nation is trying to do. The USA has the largest oil reserves in the world, they want to be the last place that has oil so they can sell it at insane prices but by the time the rest of the world runs out we'll all be using other shit anyway.

tl;dr you and your nation are both as dumb as each other in different ways.
>>
>>69813464
It is still not very cost effective, but regardless it should be on your roof not my backyard when I'm not even seein the benefit.
How about we go fracking in your backyard instead?
>>
>>69813824
thanks bill clinton
NAFTA + WTO + most favored nation status for China
>>
>>69813857
At this point anyone who doesn't blindly obey your neocon globalist panopticon NWO bullshit is a traitor. Trump needs to extinguish America's debt and audit the Fed.
>>
Drumpf has absolutely no serious policy points. You're a fucking idiot if you aren't backing Bernie, easily the smartest and most honest one in this race.
>>
Eventually, everything will end up being stolen again, just as it was, just as it will always be
>>
>>69809577
this has been the whole reason the debt meme has been pushed all along. Trade physical assets to pay off a debt that shouldnt even exist in the first place. It would represent the largest transfer of wealth in human history, and effectively destroy the sovereignty of the united states.
>>
>>69813464
solar is shit you retard, stop drinking the greenpeace koolaid
requires too much land, damages the environment to make the panels, poor return rate etc
nuclear is all around superior
>b-b-but muh nuclear bawm!
yeah you drank the koolaid
>>
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>>69812620
I know of a man who did that at the start of his career. His holding company even started out as some unprofitable shit he bought just to sell the assets from.
>>
>>69813824
you mean before China was a major player in world affairs?

i remember that
>>
>>69813464
America needs to go nuclear senpai
>>
>>69814105
trump is the only pro-nuclear candidate because of greenpeace shilling
here's a fun fact:
bernie sanders wants to shut down all of our nuclear power plants.
yep.
>>
>>69813935
YEAH BUT CLIMATE CHANGE IS THE WORST THING EVER OBAMA AND BERNIE SANDERS TOLD ME

Climate change is a meme. 20 years ago they said we'd be underwater because the polar ice caps would melt, flooding the earth. Then they said everything will dry up, and now they're just saying it'll get hotter and colder and stuff.

Literally government-paid science by stock brokers in lab coats. Maybe humanity is having an effect on the world's climate, and pumping toxic fumes and polluting water sources probably isn't a good idea in the long run, but green energy is by and large a meme.
>>
How can anyone manage to pay off the national debt without taking a serious look into what the Federal Reserve does.

He does realize that a lot of our debt is in Treasure bonds right? Bonds that are payed to the Federal reserve. We need to get rid of the FED and print our own money interest free.
>>
Can someone post a video of Trump saying "yeah"? This is super urgent to a project i'm working on. I can't find a single video of him saying that.
>>
>>69810611
>tfw we sell California to the Canacucks or some other liberal shithole country

Seriously, just sell Cali and build another wall around it
>>
>>69814105
This. Better than using it to build a bunch of bombs.
>>
>>69814002
Buzz words from the Alex Jones show ain't gonna help you.

traitors uh wait a fucking leaf

never mind
>>
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>>69809129
wait. so they immediately dismissed Trumps claim with "4 pinocchios", then looked at the numbers because people kept asking and the result was
>"Oh, my goodness," he said. "Do you know how much land we have? You know how much oil is off shore? And in government lands? Easily."


The cycle continues
>make outrageous statement
>everybody laughs
>people go and check
>well shit, he's right
>>
>>69814210
people who lie about climate change to exaggerate it have done more damage than anyone else

pro-tip:
if you're about to say islamic extremism is caused by climate change, you are a fucking idiot
>>
>>69814226
He wants to audit the Fed so everyone can see just how fucked up, incestuous and corrupt it is. Too bad this will probably get him killed like it did Kennedy.
>>
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>>69814210
>green energy is by and large a meme.
so we agree, what I'm saying is that solar and wind energies aren't as green as they're memed to be anyway
>>
>>69814226
Well he wants to audit the fed
>>
>>69814328
they're so used to not only nobody making these claims but people saying it's impossible that they can't fathom him being right
i.e, deporting illegals, border wall, terrorism, europe being a hellhole, germanistan, etc
>>
>>69813505

> two years at Wharton, no notable accolades, transcripts sealed, family donated heavily to the school..

yeah ok trumpfag.
>>
>>69814491
his older brother was denied
>>
>>69814028
>private economy destroy sovereignity
are you posting from a parallel timeline where the soviets won?
>>
>>69810510
Underrated
>>
>>69814491
he still studied it, that's not an honorary degree
>>
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>>69813932
>>
Just sell US prisoners as slaves to 3rd world countries to fight in their civil wars.
>>
>>69814437
It's a meme used by politicians to scare voters into voting a certain way.
>>
>>69810611
>everybody calls it commiefornia
>this map
>literally most of california is owned by government
https://www.youtube.com/watch?v=_sxTbfeYdO0
>>
the debt is owed to the FED, not to china or any country you idiots. Same thing applies to other countries, that debt is owed to their central banks, the IMF, or the world bank.
>>
ITT: Welcome to every single Latin American non-populist government since 1945
>>
>>69814583

based on current smattering of economic policies he clearly wasn't paying attention.
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