#argentina-bailout

#argentina-bailout

Let's take for example this $40 billion bailout for Argentina. That's probably one of the grossest things I've ever seen and I have no idea who is telling our great president, our America First president that this is a good idea because honestly it's a punch in the gut to all of our American cattle ranchers and they are furious and rightfully so, and at the same time I can't think of another country that's further away from the United States of America than Argentina.

So, did you have any idea that Donald Trump has committed $20 billion of U.S. taxpayer funds to bail out Argentina's central bank? It's true! Though the details are scant, the idea is to prop up Argentina's collapsing currency and avert a financial crisis in the country through a currency swap. Now, although rare, it's not unheard of for the U.S. government to step into the finances of a foreign country under dire circumstances to safeguard American interests.

No, it's really meant to help a good financial philosophy, where Argentina can, after 20 years of disaster because it was very successful at one point, and it can be again, like Venezuela. Venezuela was very, very successful, and now it's a dictatorship. So, when we can help our neighbors you know, we're making tremendous progress in South America. [Secretary of State Marco Rubio] was telling me he's like our great expert here. He really knows it.

While Trump is rushing to give billions away to a foreign entity, he's in no hurry to help soldiers. Late Friday, The Trump administration temporarily ruled out pursuing a short-term legislative measure to guarantee pay for military members at risk of missing paychecks next week, opting instead to consider other possible solutions.