Posted on 04/23/2016 10:35:48 PM PDT by E=MC<sup>2</sup>
Several weeks ago Donald Trump suggested that he would eliminate the national debt over an 8 year time period by selling off federal assets at the rate of $2.25 trillion per year. Should a graduate of Wharton School and a real estate mogul say such a thing? Supply and demand are the most basic economic principles and are taught in Economics 101. Shouldn't such a well educated individual and one who has created an amazing awesome $10 billion (trillion? quadrillion? quintillion?) company based on real estate know that dumping that much additional real estate on the open markets would depress them and they would have to sell at much below book value? And just who is going to have the money in the first place to purchase these additional assets? The dreaded Chinese??? Sheesh. Well, at least the awesome amazing Trump has recently informed us that it was just a suggestion or a joke proposal. What a leader!!!
Sounds like a good deal, expat_panama, thank you.
Cheers : )
After the nomination process is over and Cruz has officially lost the nomination, I envision him completely abandoning the charade of being a constitutional conservative, just like Paul Ryan did after he and Mitt lost in 2012. I commented at the time that Ryan seemed like he was taking his revenge for losing the election out on the conservative base. Never mind that it was a poorly run campaign and possibly voter fraud that lost the election for Romney. In hind site, it probably wasn’t done out of revenge but just a factor of it not being necessary to hide his true colors any more.
I’m not really talking about waterslides. I’m talking about reevaluating the concessions and coming up ideas that will generate a lot more than one billion a year total for the gubment
For instance, I like looking at nature, but not from a 22-foot maximum-length dirt camping site I have to wait 3 years to reserve. I’m part of the ageing population. I’d rather enjoy a very expensive steak on an elegantly appointed wine train after shopping at the turnaround station (winery?) for locally-produced cheese/gifts, with a leisurely walk back to room service at the hotel. Where I can fall asleep in airconditioning after bobbing about for a bit in the pool, blissfully unaware of the happy children hiking trails and running through the campsites.
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