Wednesday, February 22, 2017

How Donald Trump can bailout the American consumer without costing the government a dime

When the government was suddenly faced with the possibility of the entire Western financial system collapsing during a weekend back in September of 2008, Congress approved a bailout measure that was dedicated only for Wall Street, and left the American people stuck with their own massive accumulation of debts.  And of course this bailout of the 1% by the U.S. government to the detriment of the 99% saw many Americans lose their homes in foreclosure to the same banks that received taxpayer money, making the public outrage two-fold.


Now nine years later, debt levels for both consumers and Wall Street have once again grown to dangerous levels, and are threatening the very fabric of the global financial system.

But unlike in 2008 when the U.S. government was run by bought and paid for establishment politicians like George Bush, Dick Cheney, Hank Paulson, and Chuck Schumer, there is now someone in the White House who not only understands debt, remediation, bankruptcy, and negotiation, but is a populist who appears to favor helping the American people over the bankers and shills working on Wall Street.

Which bears the question then of how exactly could President Trump bailout the tapped out consumer without it costing a single dime to the taxpayer, or the budget?

In an interview on Feb. 22 with USA Watchdog's Greg Hunter, Nobel Prize nominee Robert David Steele provided a scenario proposed from one of his contacts that could allow President Trump to act as the negotiator for the entire American populace regarding their debt, and force the banks to a choice... either cut the interest rates and outstanding debt held by the American consumer in each of their individual accounts, or he would promote their stopping payments altogether and backstop this through a mass Pardon which would wipe away their legal obligations to the debt entirely.

Image result for make american consumers great again
Robert David Steele: Now let me point out a debt you haven't focused on, which is the three trillion that individuals owe to bloodsucking banks that have basically violated every biblical precept and with legalized crime are charging 29% interest rates. 
I have proposed, and this is not my idea... someone smarter than me came up with this idea but I think it's brilliant, if Donald Trump created a website, something that could easily be created overnight, and if 150 million people registered their student debt, their medical debt, their family credit card debt, and their small business debt and they authorized Donald Trump to renegotiate that debt on their behalf... and Donald Trump has one to two to three trillion dollars worth of debt that he is the authorized personally assigned agent of the American people, he can go to the banks and say folks, we're going to cut this debt by two-thirds, and if you don't do that... because the banks have already made back their money and are just sucking blood from a rock with interest rates, I am going to ask every American to stop paying these debt and I am going to give ever American a Presidential Pardon.

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