May 6, 2016 by skokielib
Trump said that he thinks US Bond holders should take a haircut. Take less than they are owed.
This is a very, very big deal. Even if it could never happen (because of the whole Constitution thingy), it is extraordinarily frightening that he has so little grasp of how to run our country that he would even consider it. Not to mention say it out loud.
He’s probably never actually read the U.S. Constitution. Certainly not the 14th amendment, section four which says:
“The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.”
He should think carefully about taking the oath of office since he seems willing to simply ignore the Constitution!
Asking bond holders to forgive any debt would result in a worldwide economic crisis. It would irreparably damage the United States.
Donald Trump is without a doubt unqualified to be President of the United States.