Mr. Wonderful’s CRAZY Plan to Pay Off the U.S. Debt (Will it work?)

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Title	:	Mr. Wonderful’s CRAZY Plan to Pay Off the U.S. Debt (Will it work?)
Lasting	:	6.28
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Term Limits marketing?
Comment from : @deathlywraith2282

Mr Wonderful didn't think that throughgood catch and commentary
Comment from : @AndrewDownie-m8d

Maybe selling the National Parks would help pay the national debt Disney might buy Yellowstone
Comment from : @frankblangeard8865

Bitcoin strategy
Comment from : @thomasbortolussi2760

Cutting spending is exactly what Mr Trump is doing now Cut government corruption, and you will be amazed at what is saved
Comment from : @UnKnown-v9m2o

Don’t bother, we know the solution to the national debt will always come at the public’s expense, with the rich and too big to fail corporations paying/sacrificing nothing!
Comment from : @christophorfaust2457

Look, I retired when I was 55 and I’ve been retired for 10 yearsbrI draw the interest from my 401k and pay almost no taxbrI live in CA and pay no tax on social security, why would I convert my money and pay taxes on it?
Comment from : @allenmadison8775

Revalue gold
Comment from : @johngenoni1927

Oil and National Security 2 favorite lies of Republicans
Comment from : @madelinesweetlowis3333

Dude comment is right on
Comment from : @Cat-bg2ge

And if we quit giving our enemy's million's and Billion's in aid
Comment from : @Cat-bg2ge

Go Kevin
Comment from : @Cat-bg2ge

He should be next
Comment from : @tommeke5761

Or, just tax the fk out of any multinational corporation operating in the US Only allowing deductions for wages paid to American woekers
Comment from : @IBACb

Whats to prevent us from doing the same with existing fossil fuel extraction from federal land?
Comment from : @IBACb

Over time it most CERTAINLY would bring down the national debt substantially
Comment from : @marktonello3535

I have come to the conclusion that I will need to work until I die No retirement benefits will cover the costs which will skyrocket , which will be due to the debt or energy prices Washington overspent way too much money and screwed us Just look at the cost increases which occurred after the pandemic They effectively reduced the value of saved retirement money in half
Comment from : @tg_ny

The US economy relies on ongoing credit and debt generation for sustenance The Federal Reserve is expected to increase the money supply, leading to further debt accumulation for the average American So how exactly can we guard against the coming financial reset Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $310k stock portfolio
Comment from : @Jakepattison42

increasing tax rates are the reason I rolled over my 401k to a Roth I don’t want to be 59 paying taxes on current income on withdrawals made from my retirement account
Comment from : @JimSanford-g3d

We may be too far gone but a good start would be to reverse Bush's and Trump's massive tax cuts for the rich and eliminate the taxable limit for social security taxes
Comment from : @Ice-forming-in-fire24

Ross Perot had an idea much like that with a 25 cent a gallon fuel tax The problem is that congress will always spend way too much UNLESS there is a balanced budget amendment, which unfortunately will never happen
Comment from : @votaric

Let those goofy liberals we just got rid of pay off the debt They made it all without the peoples vote or consentThey can patly it from the profits of all the insider trading of the Obama era,and the biden baloney scam
Comment from : @ricklamb772

Rich WS guys want a tax cut and float ideas like this They don’t mind bankrupting the country like they did in 2008
Comment from : @raghavgopal4363

Or alternatively: stop stealing, stop cheating, start working
Comment from : @unclewerner

Print billions of money, buy a couple of millions of Bitcoin, raise the Bitcoin price and pay all the debt
Comment from : @alirahmat4580

Why would anyone want to buy USA debt/IOUs , when the very country have no intention of paying off said debt
Comment from : @jascam1

Wow we have $35T worth of oil out there?! // ah okay $750B
Comment from : @steveeuphrates-river7342

The ANWR oil field is a pipe dream
Comment from : @Δυσνομία

There is no such thing as a national debt
Comment from : @oscarwindham6016

The entire monetary system would collapse if it was paid off That is something many people don't know - it is a total fraud that needs to be destroyed and rebuilt to actually be fair and truthful
Comment from : @krono32

Mr KEVIN O IS AN “SELF PROMOTING IDIOT!”brHe SOUNDS NOT TO BE “IGNORANT” but he is a “WITH-OUT ANY DOUBT AN IDIOT!”brJust a bad choice as a CELEBRITY!
Comment from : @roblue2647

He's ignoring climate change or the additional cost associated with climate change Thanks Mr wonderful, wrong again
Comment from : @rogerhufsmith2841

The better option would be to cut spending on entitlements and defense and live within our means, but that would require leadership
Comment from : @casienwhey

Since the debt crisis could unleash carnage on the stock market leading to economic downturns We need to be prepared for potential market volatility how can I secure my $80K stock portfolio against declining?
Comment from : @hoosier-daddy-wv5gi

Not one American dare to say cut military budget
Comment from : @wengyip2725

Best solution is to privatize the entire Infrastructure and plus put a GST
Comment from : @daipayanbhowal8914

Do it with all oil on all national owned land, not just Anwar
Comment from : @davidrounds3245

Forget logic
Comment from : @GTPInternational

Nice idea but the reality is, the US will never pay of its debt
Comment from : @ryuhadouken1404

He could go fetch fiscal paradise founds offshore and collect the trillions of dollars that's right! trillionshard to believe heh?
Comment from : @robertenleed-q3r

BWAHAHA Imagine someone thinking that the govt would ever hold to a restriction they placed on themselves
Comment from : @grega2362

It won't matter The government will just go deeper into debt to make more wars
Comment from : @jamesmccool503

Why not just print money and pay all debt? Period
Comment from : @ThomasBolleiro

Let me ask you this when and to whom did it work hiking significantly tax rates brNow the US is a migrant country why do you take it for granted that everybody will just stay put and pay crazy taxes brPerhaps look to California to see what happens if you hike taxes significantlybrAlso if you predict Draconian tax hikes what makes you think that exempt retirement accounts will not lose their exemption or even seized
Comment from : @shlomokoehler9295

Old people have stolen a generation’s wealth
Comment from : @john5712

The first thing to do is have Congress pass a balanced budget amendment
Comment from : @user-iy6zp1ej6r

Dolly parton president sylvester stalone vice president the problem with that larry finks and back rock want it
Comment from : @terryallen6005

Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance This involves exploring options such as stocks, gold, silver, and digital currencies Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues
Comment from : @austinbar266

This vid started out w an ad fr Oblammy🤑🤮
Comment from : @loraa3873

I think we should definitely exploit our natural resources to keep our economy growing Don’t get me wrong But I just googled it and there is at most about 11 billion barrels of oil in ANWAR to be drilled A barrel of oil costs 88 dollars these days That’s about 968 billion dollars in resources Not even one trillion We are in 34 trillion dollars of debt That 968 billion dollars doesn’t account for paying the workers Or any other expenses Or the fact that Kevin implied a mere royalty off the top could pay off the debt In short This isn’t a one stop solution However In TOTAL the US has over a TRILLION barrels in oil as natural exploitable resources As a general strategy YES we could drill our own oil and pay off our debt that way - but not from ANWAR alone
Comment from : @styxrakash4639

The Donald drill baby drill
Comment from : @ggkk6474

I like investing in close-end funds that pay monthly dividends The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to This can be easily done because close-end funds are bought and sold on the stock market just like regular stock That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Comment from : @sarawilliam696

Raise taxes They will just spend more
Comment from : @fliporhold

That SOUNDS great, but remember what they said in California about the Lottery? If you vote to bring in the Lottery, we'll put all proceeds toward the schoolsbrbrJust what they ALWAYS do--use the kids as props "It's for the CHILDREN! Think of the CHILDREN!" So they did put all of the Lottery proceeds toward schools But they also diverted away every other dollar that WAS going to schools into general fund and social programs that they used to buy votes for themselvesbrbrALWAYS watch what the other hand is doing!
Comment from : @dolfinwriter5389

You can’t pay off the US debt There isn’t enough real currency in existence because the currency is created out of thin air If the debt is paid off, the entire system collapses In fact, if we don’t continue further into debt, the system collapses
Comment from : @FreedomIsAChoice777

Biden and the tree hugs don't want that Maybe trump
Comment from : @johnbradbury5111

We’re boned
Comment from : @Deng1neer

We experienced the pinnacle of our era, but it is now gone Like what happened to Rome, the corrupt administration will bring this nation to an end My condolences go out to anyone who is close to retiring and may be worried about whether their pension will be enough to pay the rising cost of living Insane fiscal policy, poor regulatory policy, poor energy policy, and poor foreign policy
Comment from : @dianemoore-

Jubilee is the solutioninflate til the debt is worthless
Comment from : @ralphkoster2687

The key words are”by congress “!brGood luck with that!😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Comment from : @RickyGorski-gn9wd

Paying off the US debt! Wishful thinking! The Rich do not want that to happen Us little folk would be able to have a life
Comment from : @weloveups831

It is technically impossible to pay off all the debt because if you did there wouldn’t be any money in existence because the money to pay off all the interest doesn’t exist…never has, never will…when the government gets it’s money from the federal reserve and the federal reserve doesn’t just give the government money it loans it to them with interest attached to the money which means the federal reserve is only creating the principal, say for example the government borrowed 1 trillion dollars at 3 interest the federal reserve is only creating the trillion dollars So if you go all the way back to the first time the government borrowed money from the federal reserve that is how it’s been
Comment from : @pez334

SMALLER GOVERNMENT And NO MORE GOVERNMENT WASTE OF TAX PAYER MONEY
Comment from : @cherylgartside2547

Mr Wonderful is a typical Republican looking to drill, drill and drill He’s wrong It won’t work
Comment from : @johnmca5643

Because the government is to dumb and they will blow the money
Comment from : @Daddio69er4p

At most this would have a temporary effect Congress has always been able to come up with political justification for increasing spending without increasing taxation A good economy is an excuse for less responsible spending and a bad economy is an expense for bailouts Norway was able to make their plan work because their country is organized as a socialist economy
Comment from : @psdaengr911

Nobody including Kevin O’Leary and Jake Tapper are not pointing out the all USD are lent into existence and have been since August 15,1971
Comment from : @fmagalhaes1521

DC will raise taxes, but take that "new found" money and spend even more There isn't any mechanism in place to make our leaders be responsible Also, you can forget about Roth IRAs Once congress sees how much money is in those, they will change laws because "everyone needs to help the country" Roth's will get taxed again Never mind that is double taxing "desperate times" will demand desperate measures Zero accountability, zero policing of fraud We just hand them loads of cash every tax season So long America
Comment from : @yawningdoodle

Reduce the debt Spend less than you brining in We don’t have a taxing problem, we have a spending problem
Comment from : @traderj5595

I’ve spent nearly a quarter of my life in northern Alaska and can tell you that there is enough to dwarf Saudi Arabia’s reserves It is no secret to us in the industry 10 billion is a conservative estimate and ANWR is only a minor portion of Alaska’s vast oil reserves
Comment from : @asgardequitytrading

The problem is our politicians will find some way to get their grubby paws on it (Remember the untouchable social security trust fund?) and use it to buy votes with!
Comment from : @wilsonle61

Thank you Mr O’Leary
Comment from : @daverogers5609

How about the " penny plan "
Comment from : @Heawa1

We have to write it off and slash government spending so it never happens again
Comment from : @nathanshearer30

The problem boils down to corruption Corruption of politics, business and the financial system Most people don't know that our financial system is a debt based fiat monetary system Money is created by debt So the government needs to float bonds in order to supply money in the system So paying off the debt is pure fantasy The system was created to implode Now do we go back to a sound financial system or end up in CBDC hell is the question
Comment from : @Frank-sh4xw

You do have 2 pay the people who get the oil out of the ground refine it and deliver is 2 consumers but selling oil is a great way 2 reduce debt also using it helps just as much
Comment from : @Savior-q7w

Did he give himself that name?
Comment from : @ruckboger

Our system is called "FRACTIONAL RESERVE" and is fiat paper based on ENDLESS DEBT to survive Mr Wonderful, better be holding some gold The West is "brain dead" and the Empire is imploding
Comment from : @kevinw9073

Oil? Eww, gross
Comment from : @ct00001

One problem with that Daddy government would see all that cash coming in and spend it faster than they could get it
Comment from : @todd1701

Wont work because money is not real to the liberal so it's a means to achieve spendingthey don't really care if the dollar collapse they only care they don't suffer today
Comment from : @jimmynolet3752

Peg gold at $200,000 per oz That fixes the debt!
Comment from : @Satnam58

Has anybody thought about holding the banks and institutions accountable and the defense industry of the US 😂
Comment from : @yadnyeshpandit9448

Kevin OLeary for VP 🎉
Comment from : @rosekrynzel6424

Mr Wonderful is very smart We should use the oil to pay off the national dept and pass a law that any politician who serves two years without a balenced budget can not run for relection
Comment from : @normanfox4916