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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsI got it! - Trump's Plan To Get Mexico To Pay for the Wall
I think I have this figured out... it just hit me...
Step 1 -
First, he tells them, "Okay, look, we'll keep NAFTA, but you gotta do one thing." He tells them that he'll authorize bonds, exclusive high interest bonds, just to Mexico, to finance the wall. These bonds are so good, let me tell you. They are backed by the full faith and credit of the United States just like Treasury bonds, but much, much better terms. Higher rates, earlier maturation, you name it. These are GREAT bonds. And look, he can say, "You don't even have to like me, and you might think I'll be impeached or whatever. You don't have to like me. These bonds, once they are issued by the US Treasury are Constitutionally guaranteed. Now, they can throw me out the very next week, but you'll have these bonds, and no matter what, the US Treasury HAS to honor them, no matter what. And, look, maybe we'll be the next Argentina, but the court is still going to order these bonds be paid."
Step 2 -
The Mexican say, yeah, well, the guy's a complete asshole, but he's right about these bonds. So Mexico gathers every cent they can muster, and then they offer subsidiary deals to attract foreign capital, so they can monetize the difference between their exclusive deal on these bonds and whatever they offer other investors.
They get the money together and finance the biggest, bestest, most beautiful wall in the world. Believe me. Everyone will love it, and say, "What a wonderful, beautiful wall."
Step 3 -
The minute the last piece of that wall is finished, we default on the bonds. Zip, zilch, zero, nuthin. We don't pay 'em. The Mexicans get squeezed by their creditors in turn and, hey, maybe we make a deal for pennies on the dollar with them.
But otherwise, fuck it. We don't pay it. And they can't touch us because WE GOT A WALL, AND THEY PAID FOR IT!!!!
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Think about it. This is how he built damn near everything else.
The Velveteen Ocelot
(115,683 posts)and as a matter of principle they just don't want that fucking wall (per Vicente Fox). Any time you do business with Trump you're dealing with the guy who's selling fake Rolex watches from the trunk of his car. By now everybody knows that.
jberryhill
(62,444 posts)Once they get their bonds, they get their bonds!
You reminded me that I bought one of those watches for ten bucks once. It was a great fake Rolex watch. A lot of the color rubbed off, but it looked pretty sharp and ran good for about three or four years.
I used to love to take it to the jeweler to get the battery replaced. They give me that look and I'd be like, "Hey, you wanna change the battery or not?"
NCTraveler
(30,481 posts)He knows that having his picture taken with ten feet of new wall behind him is all it will take for his idiot followers to cheer.
The Velveteen Ocelot
(115,683 posts)and cardboard. Prop the thing up somewhere in a desert-like landscape, take SCROTUS' picture in front of it, and the deplorables will be happy. It could be done for less than about $100.
NCTraveler
(30,481 posts)That included one of Trump people. He was saying some sections might be a wall, some sections might be something else.