Friday, May 6, 2016

Did Trump Just Say Cut U.S. Debt by Giving Bondholders a Haircut? Yes, He Did.

Our Constitution says we don't deal, for heaven's sake. Now Trump wants to anyway? Holy crap.

"We gotta run this country like a business." Run it
into the ground like your casinos, you mean.

"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."

So begins Section Four of the Fourteenth Amendment. Now Trump wants to dicker. Read Josh Marshall's take. About right.

We're so screwed.

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