[ExI] Repudiating the national debt

[William Flynn Wallace]

On Mon, May 16, 2016 at 12:42 PM, spike <spike66 at att.net> wrote:

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> *From:* extropy-chat [mailto:extropy-chat-bounces at lists.extropy.org] *On
> Behalf Of *John Clark
> *Sent:* Monday, May 16, 2016 10:22 AM
> *To:* ExI chat list <extropy-chat at lists.extropy.org>
> *Subject:* Re: [ExI] Repudiating the national debt
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> On Sun, May 15, 2016 at 10:16 PM, spike <spike66 at att.net> wrote:
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> ​> ​>His tax return is about last years’ income.  That won’t tell us his
> net worth, doesn’t tell us what he is holding that doesn’t go on tax
> returns such as assets that are not being sold, or hard assets such as gold
> holdings.
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> ​>…If Trump had invested in Gold back in 1977 then today it would only be
> worth about twice as much…
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> Indeed?  What if he invested in gold in 1977, then sold it in 1979, then
> bought in 2004 and sold in 2007?  And now has bought a pile again.  If he
> is currently holding gold, we still wouldn’t know his net worth.  It goes
> on a tax return if you sell an asset at a huge profit, but what if you buy
> something that doesn’t generate dividends?  You don’t want anyone knowing,
> especially government, you hold that stuff.
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> >…NOT ACCOUNTING FOR​ INFLATION; and if Truthful Trump had let the
> American people that he wants to lead see all his tax information going
> back as far as 1977, AS CROOKED  HILLARY DID, then we'd know just how
> brilliant a businessman Donald Trump really is…
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> Ah, so now Hillary has released the financial dealings of the Clinton
> Family “Charitable” foundation?  Has explained where all that money came
> from, who donated it and what they now expect in return?  Oh wait, that
> doesn’t go on a tax return, being all about “charity” and such, giving away
> money to starving children and yoga and that sorta thing.
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> Or not.  We know what that flim flammy family charity thing was about: it
> allowed the Clintons to control information, hide it from the IRS, hide it
> from the State Department, and most importantly, hide it from the voters.
> We don’t know who the Clintons owe for all those charitable contributions.
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> spike
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> ​I remember reading that Saudi ARabia made a very large contribution to
> it.​
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> ​bill w​
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