Quote:
Originally Posted by Rob Instigator
saying he will "wipe out" debt and doing something about it are two very different things.
|
trump is a professional deadbeat who has made a career out of defaulting on his loans, but doing something about puerto rico is another story, for many reasons, mainly-- LEGAL ONES
1. he personally can't pay it
2. he personally can't order "goldman sachs" to write off the debt.
3. a lot of the bondholders are actually retirees, etc., not "banks"
4. puerto rico can't declare bankruptcy
5. he can't personally order the treasury to pay the debt
there are also PRACTICAL REASONS, namely
1. he can't get shit done
makes for quality demagogy/demagoguery though