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Thread: Incompetence defined

  1. #1

    Incompetence defined

    And , has been the case since Jan 20, 2017, that incompetence is defined by our illustrious President who, once again, has stuck his foot in his mouth.

    https://www.cnbc.com/2017/10/04/puer...-out-debt.html

    Trump: Please do the world a favor and resign.

  2. #2
    INGSOC GURPS's Avatar
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    Please Explain in Detail Mr Krugman what exactly the problem is
    Never attribute to malice that which is adequately explained by stupidity.
    - Robert J. Hanlon.

    “There is a deeply anti-democratic undercurrent to much of the criticism of the new president, borne aloft by an assumption that democracy is too important to be left to the voters.”

    And if a statue can oppress you, then I submit that you have greater issues. - A West.

  3. #3
    Board Mommy vraiblonde's Avatar
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    Do you think the world didn't know that PR was in massive debt?
    "Too much agreement kills a chat."
    ~Eldridge Cleaver

  4. #4
    Quote Originally Posted by vraiblonde View Post
    Do you think the world didn't know that PR was in massive debt?
    And approaching total default...
    You can't be a real country unless you have a beer and an airline. It helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer. -Frank Zappa

  5. #5
    Bird Dog Bird Dog's Avatar
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    Quote Originally Posted by transporter View Post
    And , has been the case since Jan 20, 2017, that incompetence is defined by our illustrious President who, once again, has stuck his foot in his mouth.

    https://www.cnbc.com/2017/10/04/puer...-out-debt.html

    Trump: Please do the world a favor and resign.
    Nhboy MPD?
    When you lie down with dogs, you're going to get fleas....


    Quote Originally Posted by vraiblonde View Post
    How is it that you don't see how crazy you sound when you do this?

  6. #6
    Registered User
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    How smart can you be to buy bonds from a territory that is over 70 Billion dollars in debt and getting worse.
    How many years will it take for Puerto Rico in the condition it is in now to even start to begin the recovery enough to pay back on those Bonds?
    Now Bond Holders are mad at Trump for saying we have to help Puerto Rico by helping to wipe out that debt.
    The price probably went down when people saw the devastation and bailed out knowing Puerto Rico would never be able to repay it.

    So Trump tries to help them and gets his usual dose of sh1t from the liberals.

  7. #7
    Quote Originally Posted by transporter View Post
    And , has been the case since Jan 20, 2017, that incompetence is defined by our illustrious President who, once again, has stuck his foot in his mouth.

    https://www.cnbc.com/2017/10/04/puer...-out-debt.html

    Trump: Please do the world a favor and resign.
    "Pain heals. Chicks dig scars. Glory... lasts forever." - Shane Falco

  8. #8
    They call me ... Sarcasmo kom526's Avatar
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    Quote Originally Posted by GURPS View Post
    Please Explain in Detail Mr Krugman what exactly the problem is
    You mean Paul "Cholera Epidemic" Krugman?
    Wrinkles only go where the smiles have been.

    Somewhere, a teacher is crying with their red marker after reading your dribble.

  9. #9
    Quote Originally Posted by kom526 View Post
    You mean Paul "Cholera Epidemic" Krugman?
    Another good one worth nomination for best post of the day. I don't understand why the leap frogs think we are stupid. They are stupid for thinking that we are.
    ​​Like I said. JMO, yo! - Roman
    If you ignore the trolls, they starve. - Wishbone

  10. #10
    Quote Originally Posted by transporter View Post
    And , has been the case since Jan 20, 2017, that incompetence is defined by our illustrious President who, once again, has stuck his foot in his mouth.

    https://www.cnbc.com/2017/10/04/puer...-out-debt.html

    Trump: Please do the world a favor and resign.
    So, last week they're at 45 cents on the dollar, and they dropped to 37? Before he said a thing, you could get more than $2 worth for less than $1, and this is somehow a thing for Trump to take responsibility, because he said a relatively obvious thing?

    Please, help me out with your point of view on this. I mean, this has been in the works for years:
    Quote Originally Posted by Island Gov Padilla, October 2015
    "Even if serious action is taken...Puerto Rico will still face a funding gap of approximately $14 billion over the next five years, which will require substantial debt relief"
    If the governor - the actual guy who signs off on a decision like this, not the president who is essentially out of it - says something like this, maybe THAT'S what dropped the bond price so low in the first place??
    There are only two possibilities; one is that we are alone in the universe, the other is that we are not.
    Both are terrifying.

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