Political Quotes

“I think I would get zero takers. By the way, where is the legislation that gives the President the power to give $20 billion or $40 billion to Argentina? I haven't looked it up yet. I am going to look it up, but I think it is exactly a feature of an authoritarian government that he wants to self-help a fellow authoritarian government but with a twist. The twist is that, apparently, a group of well-placed colleagues--maybe friends of the Treasury Secretary, I believe, that I may have read, but I won't say that definitively--bought up some of the debt in Argentina. They bought it at a discount. That is my understanding. Again, I have not double-checked this. So I am saying it with some caution. But what happens when you do that, and then there is a bailout, and you get face value? Let's say you pay 25 cents on the dollar. When you get face value after a bailout and you make a 400-percent return, well, that is great for the richest of whoever they are in America whom Trump wants to help out.”