Trump Says The Way President Obama Is Running The Country Is "Stupid"

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    Trump Says The Way President Obama Is Running The Country Is "Stupid"

    Trump Says The Way President Obama Is Running The Country Is "Stupid"

    By Christian Hill, June 13, 2012

    The United States could soon become a large-scale Spain or Greece, teetering on the edge of financial ruin.

    That's according to Donald Trump, who painted a very ugly picture of where this country is headed under its current leadership. Trump made the comments during a recent appearance on Fox News' "On the Record with Greta Van Susteren."

    According to Trump, the United States is no longer a rich country. "When you're not rich, you have to go out and borrow money. We're borrowing from the Chinese and others. We're up to $16 trillion in debt."

    It's clear that Trump holds President Barack Obama responsible for the ballooning debt. Trump stated that the way Obama is running the country is "stupid."

    He goes on to point out that the downgrade of U.S. debt is inevitable.



    ?We are going up to $16 trillion [in debt] very soon, and it?s going to be a lot higher than that before he gets finished. When you have [debt] in the $21-$22 trillion, you are talking about a downgrade no matter how you cut it.?

    Ballooning debt and a credit downgrade aren?t Trump?s only worries for this country. He says that the official unemployment rate of 8.2 percent ?isn?t a real number? and that the real figure is closer to 15 percent to 16 percent. He even mentioned that some believe the unemployment rate to be as high as 21 percent.

    ?Right now, frankly, the country isn?t doing well,? Trump added, ?Recession may be a nice word.?

    While 15 percent to 16 percent unemployment, a looming credit downgrade, and ballooning debt are a bleak outlook for the United States, they are hardly as alarming as the scenario laid out by another economist.

    Without earning celebrity status or having his own television show, Robert Wiedemer did something else that grabbed headlines across the country: He accurately predicted the economic collapse that almost sank the United States.

    In 2006, Wiedemer and a team of economists foresaw the coming collapse of the U.S. housing market, equity markets, private debt, and consumer spending, and published their findings in the book America?s Bubble Economy.

    But Wiedemer?s outlook for the U.S. economy today makes Trump?s observations seem almost optimistic.

    Where Trump sees ballooning debt and a credit downgrade, Wiedemer sees much more widespread economic destruction.

    In a recent interview for his newest book Aftershock, Wiedemer says, ?The data is clear, 50% unemployment, a 90% stock market drop, and 100% annual inflation . . . starting in 2012.?

    When the host questioned such wild claims, Wiedemer unapologetically displayed shocking charts backing up his allegations, and then ended his argument with, ?You see, the medicine will become the poison.?

    The interview has become a wake-up call for those unprepared (or unwilling) to acknowledge an ugly truth: The country?s financial ?rescue? devised in Washington has failed miserably.

    The blame lies squarely on those whose job it was to avoid the exact situation we find ourselves in, including current Federal Reserve Chairman Ben Bernanke and former Chairman Alan Greenspan, tasked with preventing financial meltdowns and keeping the nation?s economy strong through monetary and credit policies.

    At one point, Wiedemer even calls out Bernanke, saying that his ?money from heaven will be the path to hell.?

    But it?s not just the grim predictions that are causing the sensation; rather, it?s the comprehensive blueprint for economic survival that?s really commanding global attention.

    The interview offers realistic, step-by-step solutions that the average hard-working American can easily follow.

    The overwhelming amount of feedback to publicize the interview, initially screened for a private audience, came with consequences as various online networks repeatedly shut it down and affiliates refused to house the content.

    Bernanke and Greenspan were not about to support Wiedemer publicly, nor were the mainstream media.

    ?People were sitting up and taking notice, and they begged us to make the interview public so they could easily share it,? said Newsmax Financial Publisher Aaron DeHoog, ?but unfortunately, it kept getting pulled.?

    ?Our real concern,? DeHoog added, ?is what if only half of Wiedemer?s predictions come true?

    ?That?s a scary thought for sure. But we want the average American to be prepared, and that is why we will continue to push this video to as many outlets as we can. We want the word to spread.?

    From Trump Says The Way President Obama Is Running The Country Is "Stupid"

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    fucking pathetic...the increase in the deficit has been debunked time and time again as there was a 1.2T budget deficit in 10-01-2009.

    never liked Trump always thought he was a douche-bag, he flips commercial property or gets paid to stick his cheesy name on the side of a building...wow...what would the US do with out you Donald.

    the capitalists want Mittens in there so he can do the standard GOP supply-side tax cuts that haven't worked in US history and that will be the end of the working class in the US.
    William F. Buckley describes a conservative as, "someone who stands athwart history, yelling Stop." - and then proceeds to drag civilization back to times best left in history's dungheap.

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    Good, if Trump disagrees we may be going in the right direction. Who takes business advice from someone who declares bankruptcy the way most people watch the Olympics...once every few years.
    If sense were common, everyone would have it.

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    Obviously hiring gobs of federal employees, printing money so states don't have to layoff state employees to balance their own budgets and financing green jobs with printed money, when there's little to no demand for the products they produce, has had little effect so now what?

    I don't care where it all started, all I care about is how we're gonna fix it.

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    Quote Originally Posted by LAM View Post
    fucking pathetic...the increase in the deficit has been debunked time and time again as there was a 1.2T budget deficit in 10-01-2009.

    never liked Trump always thought he was a douche-bag, he flips commercial property or gets paid to stick his cheesy name on the side of a building...wow...what would the US do with out you Donald.

    the capitalists want Mittens in there so he can do the standard GOP supply-side tax cuts that haven't worked in US history and that will be the end of the working class in the US.
    did you even read the post?? lol. he says 16 trillion DEBT, when barry hussein took over our debt was 9+trillion, easy math there.

    the deficit isn't mentioned, in case you don't know, debt and deficit are two different things? and barry hussein was pres in 2009
    Nvrbdr is created 100% for entertainment purposes and should NOT be taken seriously. Steroid use is illegal without a prescription, always advise with your doctor

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    Quote Originally Posted by Jimmyusa View Post
    did you even read the post?? lol. he says 16 trillion DEBT, when barry hussein took over our debt was 9+trillion, easy math there.

    the deficit isn't mentioned, in case you don't know, debt and deficit are two different things? and barry hussein was pres in 2009
    Actually, it's not easy math. On day 1 of Obama's presidency, he didn't eliminate all spending from every program that every president that preceded him passed. Also, you have to realize that the person paying interest at the $9 trillion mark is at a considerable disadvantage in keeping the debt low as compared to the person paying interest at $0. You act like its black and white while it's shades of grey. Take the Iraq war, Obama is responsible for continuing this war but what percentage of it's debt is attributable to him? They may have spent X since he took office, but you also have to factor in the fact that had he been president when we started that war, we would have never gotten in to it in the first place. If some asshole drove my car in the ditch I'm not going to fault the guy pulling it out for getting a couple of scratches on it. Obama hasn't done dick for creating jobs, but very little of the debt or even the deficit is driven by him. He inherited a $1.4 trillion deficit and it's actually lower than that now.
    If sense were common, everyone would have it.

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    well I guess the US could just file bankruptcy, isn't that how Mr. Trump cuts his losses and makes more money.
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    ^^^coming from a man who filed bankruptcy several times and is an entertainer, he'll say anything to be in the news
    Aussies and Philadelphians are the only people here

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    OMG! This is the rights stance, this is just very sad. You know, I think the only donald trump I can tolerate would be...


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    Quote Originally Posted by Dale Mabry View Post
    Actually, it's not easy math. On day 1 of Obama's presidency, he didn't eliminate all spending from every program that every president that preceded him passed. Also, you have to realize that the person paying interest at the $9 trillion mark is at a considerable disadvantage in keeping the debt low as compared to the person paying interest at $0. You act like its black and white while it's shades of grey. Take the Iraq war, Obama is responsible for continuing this war but what percentage of it's debt is attributable to him? They may have spent X since he took office, but you also have to factor in the fact that had he been president when we started that war, we would have never gotten in to it in the first place. If some asshole drove my car in the ditch I'm not going to fault the guy pulling it out for getting a couple of scratches on it, (barry dumped a load of manure on your car already stuck in the ditch, he didn't pull you out) Obama hasn't done dick for creating jobs, but very little of the debt or even the deficit is driven by him. He inherited a $1.4 trillion deficit and it's actually lower than that now.
    NEW YORK (CNNMoney.com) -- The Treasury Department on Wednesday reported that $164.4 billion was added to the federal budget deficit in November -- bringing the total deficit for the first two months of the fiscal year to $401.6 billion.
    By comparison, the budget deficit for all of fiscal year 2008 was $455 billion, according to the Treasury. No where near 1.4 trillion

    barry also promised to pull out troops by 3/31/2008, no longer than 16 months to complete. He said on several occasions during his democratic debates, here is a link for you. therefore, he is responsible for debt acquired from war, for no less than the months he didn't keep his promise
    <font color="#b22222">



    Dec, 2011.
    ?Today, I can report that, as promised, the rest of our troops in Iraq will come home by the end of the year,? the president said in a midday appearance at the White House. Anticipating what he called ?another season of homecomings,? he declared, ?Our troops will definitely be home for the holidays.?
    Nvrbdr is created 100% for entertainment purposes and should NOT be taken seriously. Steroid use is illegal without a prescription, always advise with your doctor

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    Quote Originally Posted by Jimmyusa View Post
    did you even read the post?? lol. he says 16 trillion DEBT, when barry hussein took over our debt was 9+trillion, easy math there.

    the deficit isn't mentioned, in case you don't know, debt and deficit are two different things? and barry hussein was pres in 2009
    it sure is easy math....

    take the income of the federal government in Oct of 2009 of 2268.5B
    Federal Government Current Receipts (FGRECPT) - FRED - St. Louis Fed

    and subtract that from the expenditures in Oct of 2009 of 3537.9
    Federal Government: Current Expenditures (FGEXPND) - FRED - St. Louis Fed

    and you get an annual budget deficit of (-1269.4B) before Obama even set foot in the White House. x4 years = (-5077.6B) then add in the cost of actual SPENDING via legislation from the Obama admin from TARP and extended unemployment benefits, etc. and the NEW SPENDING is about 1T
    William F. Buckley describes a conservative as, "someone who stands athwart history, yelling Stop." - and then proceeds to drag civilization back to times best left in history's dungheap.

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    WTF is a combat troop lol... I served for over 10 years and did multiple tours... EVERY ONE OVER SEAS IS A COMBAT TROOP.... NAVY, MARINES, ARMY, AIR FORCE... Male or Female you are a combat troop.

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    Business is a strategy... Trump used filing bankrupt as the most efficient way to save his income. To me its just like a street fight, when your life is at jeopardy are you going to fight fair or use every thing you have in hands reach. Trump is a brilliant man and may not have the same morals that every one else does, but no one can disagree that he gets the job done and has been successful.

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    Quote Originally Posted by jay_steel View Post
    WTF is a combat troop lol... I served for over 10 years and did multiple tours... EVERY ONE OVER SEAS IS A COMBAT TROOP.... NAVY, MARINES, ARMY, AIR FORCE... Male or Female you are a combat troop.
    not really. think about the people in administration, supply, etc. they are not combat troops
    William F. Buckley describes a conservative as, "someone who stands athwart history, yelling Stop." - and then proceeds to drag civilization back to times best left in history's dungheap.

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