Some economic ideas are vexingly complex. Some are not.
If only there were a decentralized currency that wasn't at the mercy of or subjected to the whims of a madman.
Hold that btc
Unfortunately, you could actually make the argument that btc is.
https://mobile.twitter.com/adam3us/status/717023841529114625
Donald Trump also needs the General from the General Car Insurance commercials.
I really shouldn't be surprised, should I? I suppose history just repeats itself.
When you think about it, we were causing conflicts with illegal immigration before it was cool.
It's actually a good idea. All he has to do is enforce existing money laundering laws and the companies will have no choice but to go along with it. There is a bunch of Illegal money going through western union and Mexican banks so just by going after that he could demand anything he wants in return for not shutting them down
The proposal is to employ Patriot Act powers so that no one can send money outside the U.S. without establishing lawful presence. This is not enforcing existing money laundering laws.
I couldn't buy socks on Etsy from Greece without first establishing proof of my lawful residence. It would be an enforcement nightmare.
I don't think you can send money to North Korea legally either. Now we don't have an embargo against Mexico but that's basically what this would be.
What he's saying here, kind of sloppily I might add, is that we have leverage against Mexico. He's also failing to acknowledge that they have leverage against us too. Could you force Mexico to pay for the wall? Sure you probably could, is it a good idea to humiliate them in such a way? Probably not as it would cost you a lot more. It's like a giant game of political chicken. Which in my limited knowledge is what trip has always been good at.
To me this discussion can be summarized like this:
Trump: I'm going to build a wall with Mexico
opposition: you can't we won't let you
Trump: I can do it without you it will here is an example how and there are probably 10 other ways if that doesn't work
Opposition: gasp! If you did that it would be a catastrophe
Trump: so then don't stand in my way.
Is this a good thing or a bad thing? Idk, that's for the voters to decide in November.
- Is this a good thing or a bad thing? Idk, that's for the voters to decide in November.
I'm comfortable saying that it is very bad now, basically for the reasons you outlined: It is extremely simplistic and wide-reaching game of political chicken with the people of each country in the passenger seats, with the aim of getting a big wall built between the two.
EDIT: As an aside, can you click 'update' in your settings? I think you have an edge case bug in your profile that can be resolved by doing so. You don't have to change any settings, but it will likely resolve it. ATM people get a 502 when they reply to your comments. Sorry!
Actually, that's one of the first thing defectors of North Korea figure out how to do.
As far as legality goes, it seems like South Korea doesn't really care all that much. Not that this is all that valuable in talking of US politics, but it's an interesting articles!
This is actually probably the best reason why the proposal would be a bad idea. The money flow wouldn't be stopped it would just get rerouted through intermediary and con men.
I think you might be getting a 502 error in your profile as well btw. I get a blank page when i reply.
He's not saying we have leverage against Mexico: he's saying we have leverage against MEXICANS. Those are radically disparate ideas. Here's the actual discussion:
TRUMP: "I'm going to build a wall with Mexico."
OPPOSITION: "You haven't even thought through the mechanics on that."
TRUMP: "I have thoughts that touch on mechanics."
OPPOSITION: "But they only serve to demonstrate your lack of comprehension of the kind of solution you're proposing, let alone its implementation."
Just for shits'n'giggles, google "send money to North Korea."