Donald Trump: In the US “you never have to default because you print the money.”

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https://www.rt.com/usa/342407-trump-debt-default-minimum/

In an attempt to clarify his stance regarding potential default on national debt payments, Republican presidential candidate Donald Trump stated that, in the US, “you never have to default because you print the money.”

Responding to questions over recent comments indicating that as president, he would renegotiate US national debt rather than pay creditors in full — which could spur a global financial shock — Trump said the notion that he would default on national debt is “crazy.”

“People said I want to go and buy debt and default on debt, and I mean, these people are crazy. This is the United States government,” Trump told CNN on Monday “First of all, you never have to default because you print the money, I hate to tell you, OK?”

Late last week, Trump said that as president, he would “borrow, knowing that if the economy crashed, you could make a deal.” He added, “And if the economy was good, it was good. So, therefore, you can’t lose.”

Trump’s comments alarmed many, as defaulting on national debt would send reverberations throughout global finance given US debt is considered about the lowest-risk financial asset the world over. On Monday, Trump addressed his previous comments.

“I said if we can buy back government debt at a discount, in other words, if interest rates go up and we can buy bonds back at a discount — if we are liquid enough as a country, we should do that,” Trump said. “In other words, we can buy back debt at a discount.”

Trump, the billionaire real estate magnate, called himself the “king of debt,” going on to reference his purchase of discounted mortgages during the housing-bubble collapse that trigger the 2008 recession. However, a nation is different from a business, he said.

http://www.bbc.com/news/world-us-canada-36250992

Now that Donald Trump has cleared the Republican presidential field and is poised to be his party’s nominee, the next major piece of news out of his campaign could be whom he chooses as his running mate.

The vice-presidential selection is closely watched in part because it’s one of the first opportunities for presidential candidates to demonstrate their decision-making skills under the national spotlight and emphasise the kind of characteristics they value in those who would serve in their administration.

More than that, however, the pick can also have electoral value. Past candidates have used their vice-presidential selection to address perceived shortcomings in their resume or play for support among key constituencies or battleground regions.

Barack Obama picked Joe Biden in 2008 to burnish his foreign policy credentials. Mitt Romney opted for Wisconsinite Paul Ryan in 2012 to appeal to mid-western voters and inject some youthful vigour into his campaign.

The Washington parlour game of guessing who Mr Trump will tab as his ticket-mate is already in full swing. A few prominent names have emphatically ruled themselves out. Others have not-so-emphatically done so. And there are some who are quietly manoeuvring for a place on Mr Trump’s vice-presidential short list.

———-

like a weed pushing through concrete some truth rises to the surface..and this simplistic statement underpins the global hypocrisy of the american status in the financial world..

“Late last week, Trump said that as president, he would “borrow, knowing that if the economy crashed, you could make a deal.” He added, “And if the economy was good, it was good. So, therefore, you can’t lose.”

uh huh..

so who will be the donalds running mate?

does it matter?

a few choices above..any other possibles?

401

~ by seeker401 on May 11, 2016.

55 Responses to “Donald Trump: In the US “you never have to default because you print the money.””

  1. If he wins and tries to change the federal reserves printing wealth scheme I hope he’s got more bodyguards than Oliver Cromwell

    • It wouldn’t be the Federal Reserve Corporation printing it (which is about as “federal” as Federal Express), it would be the Treasury department, and the Treasury cannot “print” money unless the Federal Reserve Corporation orders some. The only thing the Treasury can print on its own is bonds, for the government to go into even more debt with.
      It CAN, however, “mint” coins. And those coins can be of any denomination…hence the “trillion-dollar platinum coin” option.

      They order the Treasury to mint 22 or 22 platinum coins with the value “one trillion dollars” stamped on each…voila, you have legal tender for all debts public or private. They then march those coins over to the Federal Reserve Corporation & deposit them in the U.S. government’s account.
      At first, the Fed will squirm & try to refuse the coins…but that’s when the president, his army of federal officers from the Justice Department at his back, tells them they WILL accept those coins or see themselves jailed & the Federal Reserve Corporation nationalized for malfeasance.
      The Fed Bank will rage, but they will accept the coins, problem solved, right?
      Of course, the national debt will be paid off with this biblical flood of new money, and you’ll see Wiemar-style hyperinflation, but at least we’d be out of debt.
      The economy will still be in shambles, however.

      • But some arabs in a remote mountain village could hijack a plane and change it to a missile then fire it into the federal reserve building – and
        no matter how hard they sifted the rubble , messrs CIA , mossad , Cheney and Bush et al could not find these platinum coins – they must have melted in the heat ?

      • They order the Treasury to mint 22 or 22 platinum coins with the value “one trillion dollars” stamped on each…voila, you have legal tender for all debts public or private. They then march those coins over to the Federal Reserve Corporation & deposit them in the U.S. government’s account.

  2. Well, he’s right, the Treasury Dept. can issue trillion dollar platinum coins, and if they mint 20 to 24 of them, he could pay off the national debt overnight, with some to spare.
    But this would enrage the central banking cartel, and inflation would soar.
    The REAL problem is that we have painted ourselves into a corner. There is no good way out of the results of the mismanagement and malfeasance of our previous administrations. No matter what what anybody does, it’s goind to hurt BAD.
    The government is getting to the point where they cannot even make interest-only payments on the debt, yet the Constitution will not allow them to default. They WILL come to a point where direct minting of those platinum coins will be the only constitutional solution, and paying off your debt with massively cheaper dollars is just another form of default.
    Everybody knows the governments of the world cannot pay off the debt they hold, it is not just the U.S.
    And believe it or not, Russia is in a better debt situation than any of the other major countries.
    China is in worse debt than the U.S. as a percentage of GDP, but both China & Russia are divesting themselves of U.S. debt.

    What Trump is really talking about above, is monetizing our own debt, buying back our debt by going into more debt to do it. This merely shifts debt to the government owing it all to the central bank.
    Truth be told, we have already been doing this since China & Russia started divesting our debt, we started buying it back up off the market anonymously, through the Belgium markets.

    There is no way out of this, and Trump knows it. But what is he going to say to the people, who are desperate for some hope, for a change?

  3. Trump is either an idiot or owned .. or both ..

    There IS No National Debt Owed by Americans

    There IS No “National Debt” Owed By Americans I keep running into this idea that we have a huge nineteen trillion dollar debt to pay, and this is totally FALSE. The IMF doing business as the UNITED STATES, INC., a governmental services corporation in bankruptcy owes $19 trillion and has falsely named us as its “sureties”— think co-signers — for its debts. They’ve tried to swindle us the same way the Federal Reserve Banks swindled our parents and grandparents back in the 1930’s. Only this time we saw them coming and repudiated the false claim and the odious debts — debts amassed by process of fraud against innocent people who did not benefit from the fraud. In a debt-credit system, a debt creates an automatic equal credit and a credit creates an automatic equal debt. Put another way—If there is a “National Debt” there is also an equal “National Credit” in the same amount—but the banks and politicians never tell anyone about the National Credit, just the National Debt. That’s because they siphoned off the value of your National Credit and want to leave you holding the bag to pay what is actually their debt to you on top of it. What has happened in fact is that we have exchanged our labor and national resources and products for “promissory notes” — I.O.U.’s issued by the Federal Reserve System known as Federal Reserve Notes. They received all the benefit of our goods and products and labor, but never really paid us anything but paper in exchange and never paid our debts down, either.

    The Federal Reserve “stood in the middle”. They received our labor and goods and services in exchange for worthless paper — never completed the transactions to actually pay our vendors — and pocketed the value of our labor, goods, and services for themselves. They also gave themselves a very favorable fixed “dollar for dollar” exchange rate— one of their pieces of paper in exchange for one of our United States Silver Dollars defined as one ounce of fine silver. Using this device they cleaned out Fort Knox and spirited away both our gold and silver reserves in exchange for paper promises. They also “hypothecated debt” against our land assets and took titles to our land under color of law. They even copyrighted our names and claimed to own us as slaves and as chattel belonging to their governmental services corporation. The Federal Reserve Banks running both the Federal Reserve System and the bankrupt United States of America, Inc., sat here feeding off us like this — all because of false and completely undisclosed claims made against our grandparents, parents, and us by the Franklin Delano Roosevelt Administration— from 1933 to 1999.

    We were their Priority Creditors by definition. The IMF doing business as the UNITED STATES, INC., has just tried to pull the same thing. When the 1933 bankruptcy finally settled and we paid off all the debts of the United States of America, Inc., so that our land and our assets were released from any further “presumed” obligation—-nobody told the Priority Creditors. Instead, the Secondary Creditors involved in that bankruptcy— including the World Bank and IBRD– came in and claimed that all those land patents and titles and copyrights and gold and other assets belonging to us, the Priority Creditors, had been “abandoned” by “unknown heirs”.

    Now, I have some good news and some bad news for you. The Federal Reserve System received undeserved bankruptcy protection and those running that “System” profited unimaginably from siphoning off all our assets for 66 years and then leaving us to pay back their debts for them. That’s the bad news. The good news is that we know who benefited. We know where they and their heirs live. There is no statute of limitations on fraud and no protection from any corporate veil involved in malicious fraud tort claims. Such claims also carry an automatic treble damages award to those who have been harmed.

    The further good news that that although the IMF tried to saddle you and your assets up again to serve in a similar siphon-your-credit-pay-our-debts scheme, they’ve been caught at it. The World Bank and IBRD have been caught trying to off-load the American Assets they received as Secondary Creditors via their bogus “claim on abandonment”.

    Far, Far, FAR from owing any “National Debt” the American people are owed everything that FDR and his cronies stole, everything that the IMF has siphoned off while leaving our bills unpaid, all the gold and silver stolen and confiscated by whatever means since 1933, all our land patents and homesteads and domiciles and copyrights free and clear and returned to us—plus treble damages. That is what we are owed.

    Faced with having to pay everyone back, the vermin decided to invoke the same “Final Solution” they used in Germany: kill the creditors, after taking out million dollar life insurance policies on all of them, and naming their own corporations as beneficiaries. But we found out about that, too. Realistically, the debt owed to America is a debt that can never be repaid. It would mean enslaving everyone else on the planet just to make things up to us, and that isn’t who we are or what we want. What we want is our own property back, free and clear, and the cessation of all false claims against us and our property assets.
    We also want an end to this entire system of things, so that nobody is ever victimized and enslaved under color of law like this again. As we head into the 21st Century there has to be a better way to enable and facilitate trade among people and nations than handing everything over to known criminals and hoping for the best.

    http://annavonreitz.com/nonationaldebt.pdf

    • From a bible prophecy point of view “they ” the satanists are almost allowed to win – but crushed into dust by Jesus on His return and then we have the millenium – a 1000 years of bliss with everyone having their own land (vineyard) , the lion eats grass like an ox , a child plays with a snake , and someone who only lives to 100 years is regarded as punished by God etc etc .

      “If those days had not been cut short, no one would survive, but for the sake of the elect those days will be shortened.” mathew 24:22

      31/2 years they are shortened to – WW2 was 5 years.

  4. With Trump’s multiple bankruptcies, there is no doubt he is owned and has acquiesced to the agenda of perpetuating the debt-slave system.

    http://www.salon.com/2016/04/30/donald_trumps_bankruptcy_dodge_this_is_how_lawyers_and_regulators_helped_him_fudge_solvency_and_avoid_collapse/

    • I remember thinking he would not rise again since his billions had vanished and all of a sudden he was back – why did the sharks let him go – he must
      have had a helping hand .

    • As Trump put it, “These lenders aren’t babies. These are total killers. These are not the nice, sweet little people that you think, OK?”

      He has that right. Donald Trump doesn’t borrow from babies. He borrows from professional financiers who know what they are doing. If the deal goes bad, they don’t complain because they factored this risk into the loan terms and their portfolio strategy.

      You know who else borrowed money from those “killers” Trump described?

      About six million American families who lost their jobs and/or saw their home equity plummet in the 2007-2009 financial crisis. Humiliated homeowners took their lumps and many are still suffering today.

      Mortgage lenders foreclosed on most of those people. Some (former) homeowners filed for bankruptcy. Others tried to use different “tools” the government provided, but banks were often less than cooperative. Principal reductions were out of the question for most.

      http://www.newsmax.com/Finance/PatrickWatson/trump-bankruptcy-economy-lender/2015/08/11/id/669670/

      • “About six million American families who lost their jobs and/or saw their home equity plummet in the 2007-2009 financial crisis.”

        subprime crisis..

        that little trap was set in the 90’s under slick billys reign..and enhanced by dubya..create bubble..pop bubble..start again..

        • Bankruptcy is supposed to be a once-in-a-lifetime flotation device thrown at a sinking debtor, from which he will recover and learn. HOWEVER, nobody ever described the depraved state of affairs in U.S. bankruptcy courts than John Ashcroft in his infamous speech to the Hague that REV 17 posted. OFTEN AN ANCHOR, sinking boats of the unwary in desperate need, by those in collusion, who plunder and loot their bankruptcy estate, leaving them in a worse state than before they walked through the doors of a federal court and find themselves gang raped.

          US bankruptcy law provides the “natural person” the bankruptcy option every six years, based on biblical seventh year jubilee. Some jump around a bit between Chapters of the bankruptcy law to buy more time, that individual is referred to as a “serial” filer, an abuser of the system. Trump technically can’t be considered a “serial” filer because he files under straw men aka various corporations.

          He is unlikely owned via that crowd of hoods Ashcroft maligns, more likely Trump owns that system, by filing Chapter 11 as he does, he bypasses the trustee, and actually as what is termed under that chapter a “debtor in possession” steps into the shoes as a trustee.
          If we all used bankruptcy as just a tool for our financial management the cost to society would be overwhelming and here lies the real issue.

          If Trump is to be found guilty, it of this, there is a hidden tax in bankruptcy as those who take the hit pass on the cost to all of us, “slightly” more responsible consumers. For instance, VISA and MasterCard are for-profit corporations so any loss they suffer, they pass on.

          Millions of dollars in unpaid taxes – and bankruptcy proceedings costs – are lost to personal and corporate bankruptcies. The government passes these costs on to the responsible taxpayers.

          G. Gekas said in a committee of the US House of Representatives in 1997: “Historically, bankruptcy was intended as a last resort, pursued only under the most dire of circumstances; for instance, the loss of a job, an illness in the family, death of a spouse. Unfortunately, bankruptcy has become a way for reckless spenders to escape their debts.”

          WOW, this makes Trump the poster boy for doing what he is best equipped to do while the greedy American drooling over his riches helps him TOTALLY DESTROY THE MONETARY SYSTEM AND BRING THE WORLD CLOSER TO THE ONE WORLD MONETARY SYSTEM. Really, that’s what is going on here.

  5. The US Bankruptcy Court is designed to systematically strip you of all your assets .. I have no doubt Trump is owned ..

    “Bankruptcy court corruption is not just a matter of bankruptcy trustees in collusion with corrupt bankruptcy judges.” — AG John Ashcroft

    “Bankruptcy court corruption is not just a matter of bankruptcy trustees in collusion with corrupt bankruptcy judges. The corruption is supported, and justice hindered by high ranking officials in the United States Trustee Program. The corruption has advanced to punishing any and all who mention the criminal acts of trustees and organized crime operating through the United States Bankruptcy Courts. As though greed is not enough, the trustees, in collusion with others, intentionally go forth to destroy lives. Exemptions provided by law are denied debtors. Cases are intentionally, and unreasonably kept open for years. Parties in cases are sanctioned to discourage them from pursuing justice. Contempt of court powers are misused to coerce litigants into agreeing with extortion demands. This does not ensure integrity and restore public confidence. The American public, victimized and held hostage by bankruptcy court corruption, have no where to turn.”

    https://deadlyclear.wordpress.com/2014/05/14/bankruptcy-court-corruption-is-not-just-a-matter-of-bankruptcy-trustees-in-collusion-with-corrupt-bankruptcy-judges-ag-john-ashcroft/

    US ATTORNEY CHRIS CHRISTIE GREASES THE PALM OF AG ASHCROFT

    Now we come full circle. As denoted above, Trustee’s do not think lying under oath is in fact Lying Under Oath. Attorneys do Not steal, commit larceny or Rob. Nor do they do acts of Perjury. Rather it is a lapse linguae erroneous remark. They merely engage in “conflicts of interests”.
    Keeping along that same mindset, AG Ashcroft did NOT get his palms greased and there was NO “conflict of interest” extra ordinary [or Bribe]- when the former AG of the United States – Ashcroft’s firm “The Ashcroft Group” that was only doing a couple hundred thousand dollars a year in business – received a $52 million dollar No Bid contract from New Jersey US Attorney Chris Christie.

    http://www.dailykos.com/story/2012/5/5/1089083/-To-Hague-Global-Forum-on-Corruption-AG-Aschroft-on-Corrupt-Federal-Judges-in-Collusion-w-US-Trustee

    • Trustee’s do not think lying under oath is in fact Lying Under Oath. Attorneys do Not steal, commit larceny or Rob. Nor do they do acts of Perjury. Rather it is a lapse linguae erroneous remark. They merely engage in “conflicts of interests”.

  6. very few people have any clue when it comes to this stuff, least of all donald trump.

    there is no “printing,” there is only borrowing. new money only gets created when a debt is incurred. yes, the government could print a trillion dollar bill or whatever, but this actually would spark massive inflation. it would create a two-tiered system with domestic and international dollars being different things because other countries would not accept the new dollars.

    what’s happening with trump is this: his campaign was meant to build his brand, and his big hope was to capture 12% of the republican party (this is according to his former publicist who has since defected). now he sees himself as being a stone’s throw from the presidency and he is utterly unprepared in terms of policy.

    this leads to one place and one place only folks… right back to “the establishment” that trump is supposedly fighting (haha). first he’ll reach for for an “experienced” VP – like newt gingrich lol. the “establishment” is just waiting for him to ask for help. hell, even mitch mcconnel is starting to warm to him.

    • correct xxx..now is the really interesting part..and will be very revealing..as will HRC’s choice..if newt is selceted by trump i think we can all safely say he has conned a fair majority..newt was once described by reinhardt as the most dangerous man in the usa..

    • a question:
      Is IRS a public agency or a private company? references? thanks..

      • i personally think the IRS is a bureau of the department of the treasury. the federal reserve, however, is a private bank.

        • thanks, xxx.
          if so, do you think such sites are for disinfo? and so discredit those who say the Fed. is a cartel of private banks?

          http://www.truthcontrol.com/articles/internal-revenue-service-private-corporation

          • People are under the misimpression that the law is somehow well organized – it actually isn’t.

            Looking at the link you provided, they start off with the “IRS isn’t in section 31 of the US code” (same as what Rev has quoted below).

            But if we have a look at section 26, subsection 601.101, we see this:

            “The Internal Revenue Service is a bureau of the Department of the Treasury under the immediate direction of the Commissioner of Internal Revenue. The Commissioner has general superintendence of the assessment and collection of all taxes imposed by any law providing internal revenue. The Internal Revenue Service is the agency by which these functions are performed. ”

            Here’s another thing people don’t understand: facism. In a fascist system like the one we live in, there is very little difference between private corporations and government agencies. Perhaps the IRS really is a private trust operating out of Puerto Rico, etc etc, but what difference does that make? Would they be any more or less legitimate if they were part of the government?

            That’s why the whole ‘frivolous argument’ thing is a waste of time. If you defy the IRS long enough, they will come to your house (this has happened to me) and will even show up armed (this has happened to people i know). You aren’t dealing with some legitimate system in which you can present your case and expect to be treated with fairness, you are dealing with a thug-run mafia ffs.

            • Thanks, xxx. Very interesting insights.
              The state is endorsing the agency that collects the taxes.
              So the problem stays with the taxes set and in the first place with the usury over the money issuance.

      • 31 Questions and Answers about

        the Internal Revenue Service

        Revision 3.9

        certified by

        Paul Andrew Mitchell, B.A., M.S.

        Citizen of Washington State, Federal Witness,

        Private Attorney General, Author and

        Webmaster of the Supreme Law Library

        1. Is the Internal Revenue Service (“IRS”) an organization within the U.S. Department of the Treasury?

        Answer: No. The IRS is not an organization within the United States Department of the Treasury. The U.S. Department of the Treasury was organized by statutes now codified in Title 31 of the United States Code, abbreviated “31 U.S.C.” The only mention of the IRS anywhere in 31 U.S.C. §§ 301‑315 is an authorization for the President to appoint an Assistant General Counsel in the U.S. Department of the Treasury to be the Chief Counsel for the IRS. See 31 U.S.C. 301(f)(2).

        At footnote 23 in the case of Chrysler Corp. v. Brown, 441 U.S. 281 (1979), the U.S. Supreme Court admitted that no organic Act for the IRS could be found, after they searched for such an Act all the way back to the Civil War, which ended in the year 1865 A.D. The Guarantee Clause in the U.S. Constitution guarantees the Rule of Law to all Americans (we are to be governed by Law and not by arbitrary bureaucrats). See Article IV, Section 4. Since there was no organic Act creating it, IRS is not a lawful organization.

        http://www.supremelaw.org/sls/31answers.htm

  7. Background- 1933 The Bankruptcy of the UNITED STATES

    1933 was a year of MAJOR events in America. During this year constitutional money (gold) became outlawed and effectively all property in America become mortgaged and held (in Trust) for the Federal Reserve bank as collateral for the nation debt. All of this was done without the full knowledge or consent of the American people. This was the year that the Government instituted the creation of the ALL CAPITAL letter strawman names (via the newly required Birth certificates) for American citizens thus creating a whole new class of “Persons” as debtor slaves.

    On June 5th, 1933 the UNITED STATES congress passed House Joint Resolution 192 which served as a declaration of bankruptcy. Congress declared in HJR 192 that demanding payments in Gold (constitutional money) or in any particular form would now be against public policy. At the same time President Roosevelt issued executive order 6102 forbidding the hoarding of gold coins, gold bullion and certificates. With this executive order Roosevelt ordered that most of the gold in circulation be turned in to Federal Reserve Banks across the nation under the threat of fines and 10 years imprisonment.

    What the leaders at the time failed to disclose was, that with the confiscation of all gold (money) and property, that made all Americans (Spelled in Proper case) CREDITORS to the U.S. bankruptcy. Because of the passage of HJR 192 it was now illegal for Americans to pay for anything. Gold was traded for Federal Reserve notes of indebtedness which made paying for anything impossible as notes of debt do not pay for anything but delay the payment until a later date. What the government offered instead of gold was CREDIT, but they offered it to the banks, not the people.

    http://www.youhavetheright.com/tour3/

  8. Open Letter to U.S. Treasury Secretary Lew — from Anna von Reitz

    The Office of the Secretary of the Treasury has functioned as the actual Trustee on the land since 1933, and is the office responsible for protecting and preserving the assets of The United States Trust (1789). Secretary Lew, not Barack H. Obama, is responsible for either plundering or preserving the national trust. Make sure everyone knows it.

    For the purposes at hand, I have assumed another office, that of Alaska State Civil Advocate—in other words, a private attorney acting in the service of the actual organic State.

    As you will see if you look up the UCC filing cited, our commercial affidavit serves to “extract” all the fifty states and all the living inhabitants thereof back in-to their original jurisdiction. This claim interferes with attempts to move the ESTATES of Americans into control of the UNITED NATIONS Corporation.

    You will all notice that the corporations involved are now addressing bills and other communications to you in the name of “JOHN Q. PUBLIC” instead of “JOHN QUINCY PUBLIC”. This is because the assets of the fictional Puerto Rican ESTATE trusts have been moved to UN jurisdiction.

    This is, in other words, a battle of the Truth against a set of Lies.

    Properly, your assets are your assets and they always have been. These false claims brought against you in international venues of the law are the result of fraudulent misrepresentation by an entity — the United States of America, Inc. — and people — the Roosevelt Administration — that the American People had every right and reason to trust. You are all victims of gross breach of trust and fiduciary malfeasance on the part of a governmental services corporation which claimed to “represent” your legitimate government and which then instead acted in breach of trust to plunder the assets of the national trust — The United States Trust (1789).

    This mammoth fraud is a fiduciary trust fraud in equity. It has no statute of limitation and makes all claims based upon it null and void — including any claims fronted by the UN.

    Continues …

    ANNA’S OPEN LETTER TO TREASURY SECRETARY JACK LEW

    https://mainerepublicemailalert.com/2014/08/05/open-letter-to-u-s-treasury-secretary-jack-lew-from-anna-von-reitz/

  9. Donald Trump and the Panama Papers

    View story at Medium.com

  10. View story at Medium.com

  11. Very interesting .. I can’t post the link ???

  12. What does this have to do with Donald Trump?

    The explosive reaction to the Panama Papers by citizens across the globe demonstrates how important it is that our leaders be 100% transparent about their finances. We as citizens have the right to know what our leaders are doing with their money. We deserve to know if they are paying their fair share of taxes. We deserve to know if they have financial conflicts of interest. This information matters because it speaks to the character and ethics of our leaders.

    But it also matters because failing to disclose this information can become a very real threat to the stability of our government. This is the lesson of the Panama Papers. Governments around the world are in crisis right now because their leaders didn’t disclose their personal financial information. One head of state has already been forced to step down. Others are on the brink or under investigation. All of this unrest and instability could have been avoided if the leaders in question had been transparent about their finances.

    This is where Trump comes in. Incredibly, despite all of this, the Republican front-runner still hasn’t released his tax returns. Even more incredibly, voters are letting him get away with it. Despite the fact that he promised to release them 14 months ago; despite the fact that it is a long-standing expectation for any presidential candidate; despite the fact that every other candidate released theirs months ago, Trump has casually dismissed all calls to release his. When pressed on it in a debate in February, he said he couldn’t release them because he is being audited. The IRS issued a statement in response saying that Mr. Trump is free to release his returns whenever he wants.

    He still hasn’t released them. This is troubling because as the only billionaire businessman in the race, his returns are the ones most likely to contain something of interest to voters. His steadfast refusal to release them begs the question: what is he hiding? And for that matter, why is he being audited? Somehow, this has never become a major issue in the campaign. Every time it starts to become a story, some other headline-grabbing Trump fiasco seems to draw the media’s attention away from it. The Panama Papers are a wake-up call. Our complacency on this issue has to stop now.

    This should not be a partisan issue. There should be nothing controversial about transparency. All voters, including those supporting Mr. Trump, have the right to know this information. If Mr. Trump has nothing to hide, he should release his tax returns like every other candidate in recent memory has done. If he is hiding something, we must insist, persistently and vocally, that we know what it is. Voters should declare that they will not cast a vote for him until the tax returns are released. We should take to social media and demand that the #TrumpTaxReturns be released immediately. If given the chance by a contested convention, delegates should demand to see the tax returns as a condition of their support. This isn’t petty politics. It is basic prudence.

    The Panama Papers demonstrate why our failure to hold Mr. Trump’s feet to the fire on this issue is reckless, short-sighted, and foolish. The kinds of bombshells revealed by the Panama Papers are exactly the reason we ask our Presidential candidates to release their tax returns. And the massive fallout from the scandal demonstrates exactly why it is so important that they do so. It is our responsibility to force the issue. If there is something in there we need to know, now is the time to find out. Not after we have already nominated the guy. Not after we have elected him President.

  13. I guess Trump is censoring links for a reason .. although he may not be linked to the Panama Papers .. I am certain Trump Empire Inc will be found if the Bahama Papers should be leaked.

  14. Now that China has a seat at the IMF and the Yuan included in the SDR the next step in total enslavement is rebalancing the currencies and restructuring the debt .. Trump is reading from the IMF script dumbed down version for dumbed down voters .. Trump is owned and selected for this role ..

    Donald Trump and the sovereign debt restructuring mechanism revisited

    But a President Trump might have some unlikely allies. Nobel economics laureate Joe Stiglitz, the Pope and the United Nations have all recently clamoured for some sort of a sovereign bankruptcy court to allow for a more orderly process when countries run into problems. Indeed, the UN General Assembly even voted for one last year.
    Of course, the UN has zero capacity to actually establish a sovereign bankruptcy court. The resolution was tabled by Argentina – which was at the time in the middle of its eventually doomed, drawn-out battle against its creditors – and the major countries all voted against it, and even abstained from the negotiation sessions. The result was just nine “basic principles” that should guide sovereign debt restructurings, which you can read here.
    So could an SDRM help the US restructure its debts? Well, no. In the same way that well-established bankruptcy laws were unable to prevent Lehman’s failure from triggering a global financial crisis, a sovereign bankruptcy court would not be able to forestall the cataclysm that a US debt overhaul would trigger.

    http://ftalphaville.ft.com/2016/05/06/2161045/donald-trump-and-the-sovereign-debt-restructuring-mechanism-revisited/

    The IMF approach to sovereign debt restructuring
    http://ftalphaville.ft.com/2014/04/04/1819992/guest-post-the-imf-approach-to-sovereign-debt-restructuring/

    UN adopts landmark debt resolution on principles for sovereign debt restructuring
    http://cadtm.org/UN-adopts-landmark-debt-resolution

  15. meanwhile Klintoon’s PR machines roars on..
    (the bookies have installed Klintoon as the favorite to win – you don’t want to bet against the bookies. i have wagered with a friend – the stakes are high – loser will have to foot the bill for a banquet for 30 guests..haha)

    http://www.theguardian.com/film/2016/may/12/george-clooney-donald-trump-jodie-foster-money-monster-cannes-2016

  16. take trump any time of the day never ever #crookedHillary &her-neoconSS cronies like Seek said in the comment is better she never run for sake of some peace in this World

  17. http://blogs.wsj.com/washwire/2016/05/13/sheldon-adelson-endorses-donald-trump/

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