(03-07-2024, 01:20 PM)Luvnit2 Wrote: https://www.foxnews.com/opinion/trump-suggested-workable-novel-way-help-ukraine-consider

Trump suggest we loan Ukraine money using a cost basis for any weapons we give them and any money to fund their war with Ukraine. As a nation, we can't just keep giving countries hundreds of billions of dollars and watch our deficit spiral out of control.

Trump suggests a no interest loan and also suggest no repayment unless Ukraine strikes it rich.

Take off your political bias hat, is this a good idea or not?

(03-07-2024, 01:40 PM)GMDino Wrote: Can they just declare bankruptcy and not pay us back?  I've heard that's a great business model. 

(03-07-2024, 01:58 PM)Luvnit2 Wrote: It only took you minutes to violate forum rules by attempting to derail a thread.

Sad, you just can't take off your political hat and answer a simple question. 

We need solutions to offer up to our current/future leaders. Trusting the right decision will be made is naive at best.

What is your solution for funding Ukraine? Does debt and our deficit mean anything to you?

(03-07-2024, 01:58 PM)Luvnit2 Wrote: It only took you minutes to violate forum rules by attempting to derail a thread.

Sad, you just can't take off your political hat and answer a simple question. 

We need solutions to offer up to our current/future leaders. Trusting the right decision will be made is naive at best.

What is your solution for funding Ukraine? Does debt and our deficit mean anything to you?

(03-07-2024, 02:13 PM)Sociopathicsteelerfan Wrote: Sarcasm is not against forum rules.  Don't be like them and whine about every single little thing, be better.  I'm not your dad so I'll leave it at that.

(03-07-2024, 02:33 PM)Luvnit2 Wrote: I was being sarcastic Dad.

(03-07-2024, 01:58 PM)Luvnit2 Wrote: It only took you minutes to violate forum rules by attempting to derail a thread.

Sad, you just can't take off your political hat and answer a simple question. 

We need solutions to offer up to our current/future leaders. Trusting the right decision will be made is naive at best.

What is your solution for funding Ukraine? Does debt and our deficit mean anything to you?

(03-07-2024, 02:38 PM)CKwi88 Wrote: The sarcasm was certainly the first thought that popped into my head to. I'm sure Trump proposed it this way because hey, getting favorable loan terms and then refusing to pay it back worked for him so why not Ukraine?

But at the same time, it's what would happen anyways. Instead of giving them money, we'll give it to them in the form of an interest-free loan. OK, cool. How will Ukraine pay it back? Simple answer: they won't. They won't be able to. So then what? Are we going to engage in debt-trap diplomacy like China? Invade Ukraine ourselves? Or just forgive it anyways? Trump's idea just makes it seem more palatable to maga folks and the "America First" crowd.

We're already getting great return on our investment by alienating Russia on the world stage and setting them back decades. 

(03-07-2024, 02:38 PM)CKwi88 Wrote: The sarcasm was certainly the first thought that popped into my head to. I'm sure Trump proposed it this way because hey, getting favorable loan terms and then refusing to pay it back worked for him so why not Ukraine?

But at the same time, it's what would happen anyways. Instead of giving them money, we'll give it to them in the form of an interest-free loan. OK, cool. How will Ukraine pay it back? Simple answer: they won't. They won't be able to. So then what? Are we going to engage in debt-trap diplomacy like China? Invade Ukraine ourselves? Or just forgive it anyways? Trump's idea just makes it seem more palatable to maga folks and the "America First" crowd.

We're already getting great return on our investment by alienating Russia on the world stage and setting them back decades. 

(03-07-2024, 03:21 PM)pally Wrote: Loaning it to someone with no interest and no clear repayment plan is a gift.  Calling it by another name is just changing the name;

(03-07-2024, 03:26 PM)Luvnit2 Wrote: That is an interesting take, do you have the same thought in relation to Hunter Biden being loaned money by the dude from Hollywood or Jim and Joe Biden loans?

If so, a gift is taxable about 17.500 a year received by anyone. 

The key in this case of it is not a straight gift is because a legal document with terms would be created and used to determine repayment, maybe never, maybe many years from now Ukraine would be in a position to repay it.

(03-07-2024, 01:58 PM)Luvnit2 Wrote: Does debt and our deficit mean anything to you?

(03-07-2024, 03:22 PM)Luvnit2 Wrote: I suggest you read the article provided. It explains Ukraine only pays it back if they strike it rich, simply they would not have to pay it back unless their country recovers financially.

(03-07-2024, 02:33 PM)Luvnit2 Wrote: I was being sarcastic Dad.

(03-07-2024, 04:18 PM)pally Wrote: That's aninteresting take...not a good one but interesting

Whether you like it or not...the Hollywood guy testified under oath that he loaned the money to Hunter Biden with expectations that he would be paid back.

Yes, by the technical letter of the law,  Joe should have charged interest but as you know interfamily short-term loans often skip some formalities. Based on testimony the loan was repaid in less than 2 months.  So the money wasn't a gift so no tax liability there and at a time when interest rates for short-term loans were less than 2%.  So a 2-month long $200,000 loan at 2% annual interest equals to about $500 of uncharged interest

(03-07-2024, 05:14 PM)CKwi88 Wrote: Ah yes, if they "strike it rich!". 

What a wonderfully objective and quantifiable scale to measure it by. It's empty talk.