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Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?

 
U.P. Farmer
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User ID: 75073113
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08/17/2017 09:14 PM
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Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
Dear Friends,

Please take the time to listen to Hour #2 of this morning's Power Hour Show. Former Intelligence Officer tells her story, then blows us away with something that we didn't even know was in the works. Trump is The Man! He knows just what he's doing.

[link to www.gcnlive.com]
I'd complain more, but I'm too busy being blessed.
Malu nli

User ID: 34857257
United States
08/17/2017 09:28 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
oh that would be priceless
Anonymous Coward
User ID: 62192428
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08/17/2017 09:34 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
Any chance you could post a summary?
page8844
User ID: 72511948
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08/17/2017 09:37 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
Mathematically impossible
Anonymous Coward
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08/17/2017 10:05 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
Idol1burnitbumpagentbump
Anonymous Coward
User ID: 72016479
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08/17/2017 10:08 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
I heard he will invade Iran and qatar and take the oil to pay off the debt
Anonymous Coward
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08/17/2017 10:21 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
he's using the "happy cannabis" deny reality bong ,
again!
Good for him, mishnesh!
Malu nli

User ID: 34857257
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08/17/2017 10:22 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
Mathematically impossible
 Quoting: page8844 72511948


zero is still zero. even in new math right?
Anonymous Coward
User ID: 75344920
United States
08/17/2017 10:24 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
Its not even mathematically possible to repay the debt for it is greater than all the property value in the US, most of it is mortgaged to the banks, meaning the banks already own it.

If your money is created with fees an interest is applied it is literally impossible to pay off as it always is more debt than money.

Slavery is real, and you are slaves.
U.P. Farmer  (OP)

User ID: 75073113
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08/17/2017 10:26 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
The gal doing the show is working on "finding" missing Federal Govt. $$.

Remember the 2.3 Trillion that Rummy said "went missing" the day before 9/11?

Well, they know where it is, and other big time "missing" trillions, as well. Trump, the businessman, isn't going to say buh bye to that cash - he's getting it back......legally.

And, that 2.3 Trillion has earned about 7-9 Trillion in interest - in a Bank in Hong Kong. It's ours, baby.

There's another 1 Trillion she speaks of - that's what Trump is going to use for the Infrastructure Spending - won't dip into the Deficit at all. That means Tax Cuts are a BIG Hell Yeah! Economy, and The Dollar will soar.
I'd complain more, but I'm too busy being blessed.
Anonymous Coward
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Australia
08/17/2017 10:29 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
I won't usually
Take my hat off...


And can't
See it happening

5a
Anonymous Coward
User ID: 59358295
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08/17/2017 10:32 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
he could if the Democrats and Rinos would not interfere, notice they do not want the people do prosper. my opinions on this matter
nicolaem
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08/17/2017 10:32 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
in 1998 when oil was 8 bucks, the bloated budget was balanced and if the price would have stayed at 8 dollars for 10 years, the trillion dollar debt would have been erased...and there was certainly enough supply on the planet to keep it at 8...it would have also freed up enough capital for alternative energy to be free market transitioned....trump doesn't control oil so he can't do anything...good post in that it gets on economics and off the charlottesville entrapment..and we thank you for the support...
Anonymous Coward
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08/17/2017 10:32 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
Yes and here's how.Audit the FED and find out where the 15 trillion dollars under the Bush administration went and then find out where the 12 trillion under the Obama administration went.Once the funds are located retrieve them by any means necessary.Pay off the debt and immediately kick the FED out of the US and return the US to the gold standard.
Useless Cookie Eater

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08/17/2017 10:39 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
Dear Friends,

Please take the time to listen to Hour #2 of this morning's Power Hour Show. Former Intelligence Officer tells her story, then blows us away with something that we didn't even know was in the works. Trump is The Man! He knows just what he's doing.

[link to www.gcnlive.com]
 Quoting: U.P. Farmer


I wouldn't count those chickens before they hatch....even with Trump at the helm.
This took decades to create and will take AT LEAST a decade or two to unwind fully.

That said.....Obama more than doubled the debt in 8 years......so Trump could feasibly cut it by the same amount in another 8.

spending
Anonymous Coward
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08/17/2017 10:42 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
The only way to do that is say fuck you to the debt collectors.
Anonymous Coward
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08/17/2017 10:44 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
The FED is not Federal by any means.
Anonymous Coward
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08/17/2017 10:57 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
Is it the $20 Trillion USD platinum coin trick?
Anonymous Coward
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08/17/2017 10:58 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
Is it the $20 Trillion USD platinum coin trick?
 Quoting: Anonymous Coward 71144239


been around since early in the Obama admin.
Anonymous Coward
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08/17/2017 11:14 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
The debt was designed to become unpayable.
It was specifically designed to take oer property, permanently.
From all of you.
They expect to be paid in full with interest and fees for money they didnt have, didn't earn and have no right to be repayed for and which you cannot earn since it's being taxed more than once as an additional debt beyond the original debt.

They will not accept any trickery they want earned post taxed money and it's impossible to provide.
Katipo2017

User ID: 60352903
New Zealand
08/17/2017 11:17 PM

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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
I heard he will invade Iran and qatar and take the oil to pay off the debt
 Quoting: Anonymous Coward 72016479


Or he could just nuke China out of existence, so the debt won't need to be repaid.
Any sarcasm in this post is purely intentional.
Anonymous Coward
User ID: 74915495
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08/17/2017 11:22 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
The answer is emphatically NO, but the Federal reserve can by depreciating the monies, if you want to see a loaf of bread costing 75- 100$, 10$ for one bud light in the store.
Anonymous Coward
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08/17/2017 11:26 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
The answer is emphatically NO, but the Federal reserve can by depreciating the monies, if you want to see a loaf of bread costing 75- 100$, 10$ for one bud light in the store.
 Quoting: Anonymous Coward 74915495


We are on our way with Virginia now a can of soda costs more than a beer.
Anonymous Coward
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08/17/2017 11:30 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
Mathematically impossible
 Quoting: page8844 72511948


I take it you have never formatted a hard drive before

Lollolol
Anonymous Coward
User ID: 71144239
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08/17/2017 11:30 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
Dear Friends,

Please take the time to listen to Hour #2 of this morning's Power Hour Show. Former Intelligence Officer tells her story, then blows us away with something that we didn't even know was in the works. Trump is The Man! He knows just what he's doing.

[link to www.gcnlive.com]
 Quoting: U.P. Farmer


I wouldn't count those chickens before they hatch....even with Trump at the helm.
This took decades to create and will take AT LEAST a decade or two to unwind fully.

That said.....Obama more than doubled the debt in 8 years......so Trump could feasibly cut it by the same amount in another 8.

:spending:
 Quoting: Useless Cookie Eater


Obama HAD to pay Bush's bills, including the "off the books" 2nd Iraq War which cost about $700,000,000,000
Anonymous Coward
User ID: 75131117
United States
08/17/2017 11:31 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
The answer is emphatically NO, but the Federal reserve can by depreciating the monies, if you want to see a loaf of bread costing 75- 100$, 10$ for one bud light in the store.
 Quoting: Anonymous Coward 74915495


We are on our way with Virginia now a can of soda costs more than a beer.
 Quoting: Anonymous Coward 73636329


Probably because beer tastes like piss

Lololol
Anonymous Coward
User ID: 75401482
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08/17/2017 11:31 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
The bankers wouldn't let Trump near it.
Anonymous Coward
User ID: 71144239
United States
08/17/2017 11:32 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
Dear Friends,

Please take the time to listen to Hour #2 of this morning's Power Hour Show. Former Intelligence Officer tells her story, then blows us away with something that we didn't even know was in the works. Trump is The Man! He knows just what he's doing.

[link to www.gcnlive.com]
 Quoting: U.P. Farmer


I wouldn't count those chickens before they hatch....even with Trump at the helm.
This took decades to create and will take AT LEAST a decade or two to unwind fully.

That said.....Obama more than doubled the debt in 8 years......so Trump could feasibly cut it by the same amount in another 8.

:spending:
 Quoting: Useless Cookie Eater


Obama HAD to pay Bush's bills, including the "off the books" 2nd Iraq War which cost about $700,000,000,000
 Quoting: Anonymous Coward 71144239


Obama had to rescue America and the world from the Bush Cheney world-wide economic collapse.
And Republicans in congress spent what they thought needed to be spent.
Useless Cookie Eater

User ID: 74441620
United States
08/17/2017 11:44 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
Dear Friends,

Please take the time to listen to Hour #2 of this morning's Power Hour Show. Former Intelligence Officer tells her story, then blows us away with something that we didn't even know was in the works. Trump is The Man! He knows just what he's doing.

[link to www.gcnlive.com]
 Quoting: U.P. Farmer


I wouldn't count those chickens before they hatch....even with Trump at the helm.
This took decades to create and will take AT LEAST a decade or two to unwind fully.

That said.....Obama more than doubled the debt in 8 years......so Trump could feasibly cut it by the same amount in another 8.

spending
 Quoting: Useless Cookie Eater


Obama HAD to pay Bush's bills, including the "off the books" 2nd Iraq War which cost about $700,000,000,000
 Quoting: Anonymous Coward 71144239


Obama had to rescue America and the world from the Bush Cheney world-wide economic collapse.
And Republicans in congress spent what they thought needed to be spent.
 Quoting: Anonymous Coward 71144239


:coolstorybro:
Anonymous Coward
User ID: 73756132
United States
08/18/2017 12:02 AM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
No, he cannot, and no, he will not, you can't erase debt in a monetary system that is BASED on debt.
Anonymous Coward
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United States
12/01/2023 11:05 PM
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Re: Could President Trump Erase the $20 Trillion Nat'l Debt in His 1st Term?
The bankers wouldn't let Trump near it.
 Quoting: Anonymous Coward 75401482





GLP