The #1 reason why Donald Trump is the chimpanzee America needs

August 14, 2015
Istanbul, Turkey

Just a few weeks ago, US talk show host Stephen Colbert was asked if he thought that Donald Trump had a chance of becoming President of the United States.

Colbert responded sincerely. “Honestly, he could. And that’s not an opinion of Donald Trump. That’s my opinion of our nation.”

He’s right. The Land of the Free may very well be ready for something completely different. And Trump certainly seems able to deliver.

He is, after all, unique in his field. Donald Trump has never served in politics, and his blunt style is almost the exact opposite of every other major candidate.

But there’s one thing that really sets him apart, that, in my opinion, makes him the most qualified person for the job:

Donald Trump is an expert at declaring bankruptcy.

When the going gets tough, Donald Trump stiffs his creditors. He’s done it four times!

Candidly, this is precisely what the Land of the Free needs right now: someone who can stop beating around the bush and just get on with it already.

As history shows, a default is inevitable.

The calculus is quite simple: when governments take on too much debt, they start having to divert a huge amount of their tax revenue just to pay interest.

This means that, at a minimum, the government has to sacrifice many of the promises they made to their citizens. They cut other programs in order to have enough money to pay interest.

But that’s not too popular. So instead they typically just borrow more money… until they’re borrowing money just to pay interest on money they’ve already borrowed.

This makes the problem exponentially worse.

Debt skyrockets. And soon the government is spending more on interest payments than national defense. (The US is almost at this point).

Eventually a bankrupt government has no choice: either default on their bondholders, or default on the obligations they made to their citizens. Or both.

This could take the form of a ‘selective default’. For example, the US government could default on the $2.4 trillion that it owes the Federal Reserve.

Or the $1.2 trillion that it owes China.

These are both possibilities.

But the prospect of default on “risk free” US government bonds would throw the global financial system into a tailspin; not to mention it would be the final nail in the coffin for the US dollar’s dominant reserve status.

Fortunately there are easier options for Uncle Sam.

The biggest debts that are owed by the US government are the obligations they owe to you.

Specifically, all the benefits like Social Security and Medicare they promised to American taxpayers.

The US government’s own numbers estimate these obligations at nearly $42 TRILLION, completely dwarfing what they owe China, or anyone else.

Then there’s the obligation they have to preserve the purchasing power of the $12 trillion held by the American people.

That’s the current value of the money supply in the United States right now.

History shows that debasing a nation’s currency is one of the easiest and most effective ways for bankrupt governments to plunder their citizens’ wealth, little by little over time.

As I explain in today’s podcast, the hard reality that most people don’t seem to get is that the US government is bankrupt.

This isn’t some wild assertion or conspiracy theory; their own financial statements show that the government’s ‘net worth’ is NEGATIVE $17.7 trillion.

And yes, the US is already borrowing money just to pay interest.

In fact the combined expenses of interest on the debt plus mandatory entitlements like Social Security nearly exceed their entire tax revenue.

In other words, you could eliminate nearly everything we think of as government– the EPA, the IRS, Homeland Security, etc. and it wouldn’t make a dent in the national debt.

When things get this dire, it doesn’t matter who sits in the chair.

You might as well elect a chimpanzee in the hopes that Mister Bubbles might accelerate the decline.

Donald Trump may very well be that chimpanzee. Especially given his unparalleled experience in declaring bankruptcy.

Nations that pass the economic point of no return can’t rebuild until they hit rock bottom.

And the US is way past that point. So let’s get on with it already and hit the reset button.


Join me for more in today’s podcast as I break down the details of the US government’s $60 trillion in liabilities– and what you can do about it.

Donald Trump
Donald Trump
  • Thought_Police_Reject

    Wow, I can’t believe Simon has called our president a chimpanzee. What a racist Simon is. But wait a second if the president declares bankruptcy that’s just what we need. So maybe this is not a racist article but praise for the president.

    I’ll make my point a different way. If Obama was white and Donald Trump was Obama’s race would this article be a racist attack on Donald Trump. Yes it would.

    As it is, this article is using smear tactics to attack Donald Trump. Who would feel good about voting for Donald Trump after reading Simon’s insulting article. Who wants to vote for a chimpanzee ? Try calling Obama a chimpanzee Simon, and see where that gets you.

    The lines:
    “Donald Trump is an expert at declaring bankruptcy.
    When the going gets tough, Trump stiffs his creditors. He’s done it four times!”

    are especially misleading. Simon is characterizing Donald as a crook swindling honest people out of their money.

    Donald Trump him self has never gone bankrupt.

    And out of “hundreds and hundreds of deals” he has declared bankruptcy for just 4 of his companies.

    And what about his lenders:
    “TRUMP: Let me just tell you about the lenders. First of all, these lenders aren’t babies. These are total killers. These are not the nice, sweet little people that you think, OK?”

    Transcript: Read the Full Text of the Primetime Republican Debate
    Aug. 6, 2015 Updated: Aug. 11, 2015 4:30 PM ET

    Any one who knows the probability of a new company succeeding would have to admit Donald Trump’s track record is pretty amazing.

    Simon I realize you are promoting your company at Donald’s expense but if your company failed would you declare bankruptcy ? Would that make you and every one else who ever declared bankruptcy a chimpanzee ?

    You bill your self as “an international investor, entrepreneur”. Good for you. So why not show a little respect for a fellow “international investor, entrepreneur” who is trying to turn this country around at great personal expense.

    Donald Trump is a self made man who won’t be susceptible to bribes or special interests. He is certainly a threat to the powers that be, who want Jeb Bush for president not Donald Trump. Destroying Trump personally and financially will be their number one goal. Not an easy task for Donald Trump. And I doubt you would even consider trying it given your mind set. If you doubt that Jeb Bush is their favorite look at the easy feel good questions he was given in the Republican debate versus the attack dog kind of questions they gave Donald Trump.

    Maybe you have given up on this country. But Donald Trump hasn’t. And while you have run out of ideas on how to turn this country around that doesn’t mean it can’t be done. Don’t close your mind to the possibility that some one else may have some good ideas that you haven’t thought of. And yes history shows that all great civilizations fail and so you should have a plan B ,which is what you are offering with your company. But let’s give Donald Trump a chance to work on plan A. Our country’s biggest problems are economic problems, and that is where Donald Trump shines.

  • jack

    Obviously value walk, national interest, and al jeezera are all anti Republican, anti China, and anti Russia site. They are 100% pro libetard, and always wrote things that were exaggerated in order to attract some dumbas* readers.

  • Scuba Steve

    Raise hell Trump.This country needs you.

  • Adam Core

    Simon Black is a wannabe…. a moron with nothing, a nobody…. trying desperately to discredit Trump, all the while spewing rumors he regurgitated from other tabloids. Achieve 1/1000th of what he has achieved, Mr. Black, and people might just listen to you. Then again, probably not. LOL

  • Roland P

    When you see Hit jobs like this you know the Man’s making people nervous….I think he’s exactly what we need to make this country Great again. Obama is/was a dud, a token to show the World America is NOT racist. Now its time to vote someone who’s SMART enough to fix this Country, LOVES this Country like a True Patriot should, and comes from my neighborhood here in Queens, NY where he grew up. Not the Upper East Side that’s for sure..Go TRUMP GO!

  • Jeff Herman

    Idiocracy has come to America!

    * We have a Congress that makes laws for the people, which they don’t have to live by themselves, and stay in Washington way past their usefulness!

    * We have a President in the White House who hates the 1%, and since America is the worlds 1%, he is in conflict every day!

    * We have two oligarchy dynasties running for President in 2016, and the masses just nod their bobble heads that’s that’s ok!

    * We have a women running for President who has been draped in scandals her entire adult life, who is currently under investigation by the FBI for mishandling the countries most classified documents!

    * We have a past President who went from dead broke after leaving the White House, to having a net worth of over $100 million, never owning a company or making a product!

    * By the time anyone is elected to office in this country, they are bought and paid for by special interest groups, and fend for their interests, not for the peoples.

    * We have borrowed against our future, our kids future, and our grandkids futures, to selfishly live large today!

    * We have a billionaire clown barker running for President because the people are sick and tired of the nonsense above, but don’t have the slightest idea how to take their country back!

    The founding fathers would not recognized this cesspool!

  • Once Upon

    I can’t wait until TRUMP sues all these fools for defamation.

    LMAO, LOL!

  • Stop Intervening

    At least Trumo is willing to bring up the 19 trillion debt on the night of the debate. Does any other presidential hopeful dare talk about it and give a solution to our real domestic problem(s) instead of blabbering about Ukraine or the South China Sea?

  • Tim Harshaw

    So, calling a Black person a monkey or gorilla is racist, but calling a successful white businessman a Chimpanzee is apparently ok. BS

  • Dwaine Menzie

    Go Donald 2016

  • goldfinger

    this article is a disgrace- i m so tired of corrupt press- they are worse than the politicians- they make Satan seem as pure as the Christ… if i had the cash- i would move to norway or swedan… Trump has exposed Americas trash pits… Trump for 2016

  • Gary Damron

    Trump for pres…2016