Trump: Saudi Arabia 'should pay us'!!!!!!Saying TRUTHS NO ONE else will say!

[Vigilante]

The Hill ^ | 8/16/15 | Mark Hensch
GOP presidential candidate Donald Trump said on Sunday that Saudi Arabia is not properly compensating America for its diplomatic partnership. Trump called on Riyadh to share its vast wealth with the U.S. in exchange for the alliance between the two nations. “They make a billion dollars a day,” he told host Chuck Todd on NBC’s “Meet the Press.” “Saudi Arabia, if it weren’t for us, they wouldn’t be here,” Trump said. “They wouldn’t exist.” “They should pay us,” he added. “Like it or don’t like it, people have backed Saudi Arabia. What I really mind though is we back it...

 

[Steve_McGarrett]

The Hill ^ | 8/1.15 | Mark Hensch
GOP presidential candidate Donald Trump said on Sunday that Saudi Arabia is not properly compensating America for its diplomatic partnership. Trump called on Riyadh to share its vast wealth with the U.S. in exchange for the alliance between the two nations. “They make a billion dollars a day,” he told host Chuck Todd on NBC’s “Meet the Press.” “Saudi Arabia, if it weren’t for us, they wouldn’t be here,” Trump said. “They wouldn’t exist.” “They should pay us,” he added. “Like it or don’t like it, people have backed Saudi Arabia. What I really mind though is we back it...

So refreshing to get a strong bold candidate who ignores political correctness and tells the truth.

 

[The sheeple sea]

In the 1970s, around the time America was getting off the gold standard, we made a deal with Saudi Arabia that they would sell their oil exclusively is US dollars. Since our dollar was backed by credit an demand now, it helped give us a strong currency by creating a demand for dollars all over the world.

What this means is if, say, France wants to buy oil from Saudi Arabia, they cannot pay for that oil in euros. They have to buy it with American dollars. This demand for the dollar is what keeps our currency generally strong.

So, agreeing to be backbone of our currency seems like a fairly good deal already, all that money that they make strengthens our money in turn, to say we are getting nothing from Saudi Arabia shows a frightening amount of ignorance on how our currency even works on the part of Mr Trump

 

[Vigilante]

In the 1970s, around the time America was getting off the gold standard, we made a deal with Saudi Arabia that they would sell their oil exclusively is US dollars. Since our dollar was backed by credit an demand now, it helped give us a strong currency by creating a demand for dollars all over the world.

What this means is if, say, France wants to buy oil from Saudi Arabia, they cannot pay for that oil in euros. They have to buy it with American dollars. This demand for the dollar is what keeps our currency generally strong.

So, agreeing to be backbone of our currency seems like a fairly good deal already, all that money that they make strengthens our money in turn, to say we are getting nothing from Saudi Arabia shows a frightening amount of ignorance on how our currency even works on the part of Mr Trump

The dollar as the DEFAULT CURRENCY of the world had little to do with Saudi Arabia!

In the period following the Bretton Woods Conference of 1944, exchange rates around the world were pegged against the United States dollar, which could be exchanged for a fixed amount of gold. This reinforced the dominance of the US dollar as a global currency.

Since the collapse of the fixed exchange rate regime and the gold standard and the institution of floating exchange rates following the Smithsonian Agreement in 1971, most currencies around the world have no longer been pegged against the United States dollar. However, as the United States was and remains the world's preeminent economic superpower, most international transactions continued to be conducted with the United States dollar, and it has remained the de facto world currency. According to Robert Gilpin in Global Political Economy: Understanding the International Economic Order (2001): "Somewhere between 40 and 60 percent of international financial transactions are denominated in dollars. For decades the dollar has also been the world's principal reserve currency; in 1996, the dollar accounted for approximately two-thirds of the world's foreign exchange reserves", as compared to about one-quarter held in euros.

 

[ScienceRocks]

Trump wants to turn us into a Empire!

 

[The sheeple sea]

In the 1970s, around the time America was getting off the gold standard, we made a deal with Saudi Arabia that they would sell their oil exclusively is US dollars. Since our dollar was backed by credit an demand now, it helped give us a strong currency by creating a demand for dollars all over the world.

What this means is if, say, France wants to buy oil from Saudi Arabia, they cannot pay for that oil in euros. They have to buy it with American dollars. This demand for the dollar is what keeps our currency generally strong.

So, agreeing to be backbone of our currency seems like a fairly good deal already, all that money that they make strengthens our money in turn, to say we are getting nothing from Saudi Arabia shows a frightening amount of ignorance on how our currency even works on the part of Mr Trump

The dollar as the DEFAULT CURRENCY of the world had little to do with Saudi Arabia!

In the period following the Bretton Woods Conference of 1944, exchange rates around the world were pegged against the United States dollar, which could be exchanged for a fixed amount of gold. This reinforced the dominance of the US dollar as a global currency.

Since the collapse of the fixed exchange rate regime and the gold standard and the institution of floating exchange rates following the Smithsonian Astandard in 1971, most currencies around the world have no longer been pegged against the United States dollar. However, as the United States was and remains the world's preeminent economic superpower, most international transactions continued to be conducted with the United States dollar, and it has remained the de facto world currency. According to Robert Gilpin in Global Political Economy: Understanding the International Economic Order (2001): "Somewhere between 40 and 60 percent of international financial transactions are denominated in dollars. For decades the dollar has also been the world's principal reserve currency; in 1996, the dollar accounted for approximately two-thirds of the world's foreign exchange reserves", as compared to about one-quarter held in euros.

Uh, yeah, do you know how many international transactions were Saudi Arabia selling oil only in dollars? We made that deal as a reaction to leaving the gold standard, Nixon gave huge benefits to Saudi Arabia for this deal, you think it didn't help us? After this agreement, since the largest oil producing countries in the world were now selling exclusively in dollars (just because the dollar was the accepted international currency does not mean it was exclusively used, but instead prices reflected value in dollars and could be converted) it was a simple matter for the US to get the other OPEC countries into an exclusivity agreement.

 

[The sheeple sea]

Trump wants to turn us into a Empire!

We're already an empire Trump just wants to be a lot more aggressive about it

 

[Vigilante]

In the 1970s, around the time America was getting off the gold standard, we made a deal with Saudi Arabia that they would sell their oil exclusively is US dollars. Since our dollar was backed by credit an demand now, it helped give us a strong currency by creating a demand for dollars all over the world.

What this means is if, say, France wants to buy oil from Saudi Arabia, they cannot pay for that oil in euros. They have to buy it with American dollars. This demand for the dollar is what keeps our currency generally strong.

So, agreeing to be backbone of our currency seems like a fairly good deal already, all that money that they make strengthens our money in turn, to say we are getting nothing from Saudi Arabia shows a frightening amount of ignorance on how our currency even works on the part of Mr Trump

The dollar as the DEFAULT CURRENCY of the world had little to do with Saudi Arabia!

In the period following the Bretton Woods Conference of 1944, exchange rates around the world were pegged against the United States dollar, which could be exchanged for a fixed amount of gold. This reinforced the dominance of the US dollar as a global currency.

Since the collapse of the fixed exchange rate regime and the gold standard and the institution of floating exchange rates following the Smithsonian Astandard in 1971, most currencies around the world have no longer been pegged against the United States dollar. However, as the United States was and remains the world's preeminent economic superpower, most international transactions continued to be conducted with the United States dollar, and it has remained the de facto world currency. According to Robert Gilpin in Global Political Economy: Understanding the International Economic Order (2001): "Somewhere between 40 and 60 percent of international financial transactions are denominated in dollars. For decades the dollar has also been the world's principal reserve currency; in 1996, the dollar accounted for approximately two-thirds of the world's foreign exchange reserves", as compared to about one-quarter held in euros.

Uh, yeah, do you know how many international transactions were Saudi Arabia selling oil only in dollars? We made that deal as a reaction to leaving the gold standard, Nixon gave huge benefits to Saudi Arabia for this deal, you think it didn't help us? After this agreement, since the largest oil producing countries in the world were now selling exclusively in dollars (just because the dollar was the accepted international currency does not mean it was exclusively used, but instead prices reflected value in dollars and could be converted) it was a simple matter for the US to get the other OPEC countries into an exclusivity agreement.

As stated, the EURO is used in about 1/4 of all transactions and is the for lack of another term, the back up currency to the dollar! They simply won't look at the Chinese currency because of the MANIPULATION that gov't can, has, and will continue to do with it's currency!

 

[Vigilante]

Trump wants to turn us into a Empire!

I see you haven't been paying attention...again!

 

[The sheeple sea]

Trump wants to turn us into a Empire!

I see you haven't been paying attention...again!

We were an empire long before Obama

 

[Billy000]

The Hill ^ | 8/1.15 | Mark Hensch
GOP presidential candidate Donald Trump said on Sunday that Saudi Arabia is not properly compensating America for its diplomatic partnership. Trump called on Riyadh to share its vast wealth with the U.S. in exchange for the alliance between the two nations. “They make a billion dollars a day,” he told host Chuck Todd on NBC’s “Meet the Press.” “Saudi Arabia, if it weren’t for us, they wouldn’t be here,” Trump said. “They wouldn’t exist.” “They should pay us,” he added. “Like it or don’t like it, people have backed Saudi Arabia. What I really mind though is we back it...

So refreshing to get a strong bold candidate who ignores political correctness and tells the truth.

Right and one who had no polices whatsoever.

 

[Billy000]

Trump wants to turn us into a Empire!

I see you haven't been paying attention...again!

Half of the 787 billion were tax cuts.

 

[RodISHI]

In the 1970s, around the time America was getting off the gold standard, we made a deal with Saudi Arabia that they would sell their oil exclusively is US dollars. Since our dollar was backed by credit an demand now, it helped give us a strong currency by creating a demand for dollars all over the world.

What this means is if, say, France wants to buy oil from Saudi Arabia, they cannot pay for that oil in euros. They have to buy it with American dollars. This demand for the dollar is what keeps our currency generally strong.

So, agreeing to be backbone of our currency seems like a fairly good deal already, all that money that they make strengthens our money in turn, to say we are getting nothing from Saudi Arabia shows a frightening amount of ignorance on how our currency even works on the part of Mr Trump

Oh' that is why so'ooo many Saudi's desire to destabilize the country and make it Islamic. Now we know.

 

[Vigilante]

Trump wants to turn us into a Empire!

I see you haven't been paying attention...again!

Half of the 787 billion were tax cuts.

What tax cuts? You mean the taxes RAISED when the Bush Tax cuts ran out, and we are now paying more TAX?

 

[Billy000]

Trump wants to turn us into a Empire!

I see you haven't been paying attention...again!

Half of the 787 billion were tax cuts.

What tax cuts? You mean the taxes RAISED when the Bush Tax cuts ran out, and we are now paying more TAX?

Um no. Obama extended his tax cuts in the stimulus and years later let them expire.

 

[The sheeple sea]

In the 1970s, around the time America was getting off the gold standard, we made a deal with Saudi Arabia that they would sell their oil exclusively is US dollars. Since our dollar was backed by credit an demand now, it helped give us a strong currency by creating a demand for dollars all over the world.

What this means is if, say, France wants to buy oil from Saudi Arabia, they cannot pay for that oil in euros. They have to buy it with American dollars. This demand for the dollar is what keeps our currency generally strong.

So, agreeing to be backbone of our currency seems like a fairly good deal already, all that money that they make strengthens our money in turn, to say we are getting nothing from Saudi Arabia shows a frightening amount of ignorance on how our currency even works on the part of Mr Trump

Oh' that is why so'ooo many Saudi's desire to destabilize the country and make it Islamic. Now we know.

Uhhh.... Saudi Arabia is.... And has always been an islamic state... Not quite sure what kind of point you are trying to make

 

[RodISHI]

In the 1970s, around the time America was getting off the gold standard, we made a deal with Saudi Arabia that they would sell their oil exclusively is US dollars. Since our dollar was backed by credit an demand now, it helped give us a strong currency by creating a demand for dollars all over the world.

What this means is if, say, France wants to buy oil from Saudi Arabia, they cannot pay for that oil in euros. They have to buy it with American dollars. This demand for the dollar is what keeps our currency generally strong.

So, agreeing to be backbone of our currency seems like a fairly good deal already, all that money that they make strengthens our money in turn, to say we are getting nothing from Saudi Arabia shows a frightening amount of ignorance on how our currency even works on the part of Mr Trump

Oh' that is why so'ooo many Saudi's desire to destabilize the country and make it Islamic. Now we know.

Uhhh.... Saudi Arabia is.... And has always been an islamic state... Not quite sure what kind of point you are trying to make

America is not and many Saudi's think they can change that. Are your eyes closed?

 

[Vigilante]

Trump wants to turn us into a Empire!

I see you haven't been paying attention...again!

Half of the 787 billion were tax cuts.

What tax cuts? You mean the taxes RAISED when the Bush Tax cuts ran out, and we are now paying more TAX?

Um no. Obama extended his tax cuts in the stimulus and years later let them expire.

Lying, what you scum do BEST!

Obama Proposal Increases Tax Rates for All ... - CNS News
cnsnews.com/news/article/obama-proposal-increases-tax-rates-all...
... President Barack Obama today proposed allowing the income tax rates enacted in the Bush tax cuts of the last decade to expire at the ... under Section 501(c)(3 ...

 

[Billy000]

Trump wants to turn us into a Empire!

I see you haven't been paying attention...again!

Half of the 787 billion were tax cuts.

What tax cuts? You mean the taxes RAISED when the Bush Tax cuts ran out, and we are now paying more TAX?

Um no. Obama extended his tax cuts in the stimulus and years later let them expire.

Lying, what you scum do BEST!

Obama Proposal Increases Tax Rates for All ... - CNS News
cnsnews.com/news/article/obama-proposal-increases-tax-rates-all...
... President Barack Obama today proposed allowing the income tax rates enacted in the Bush tax cuts of the last decade to expire at the ... under Section 501(c)(3 ...

Do you even know when the stimulus was released? No obviously not. It was in 2009. Your article is 2012 you doofus.