S.O.S. A FRIEND FROM ELLAS WRITES TO PRESIDENT SIR DONALD JOHN TRUMP ABOUT THE RIOT-STREET CRISIS IN THE U.S.A.

 

The 2008–2010 financial crisis, known as the Great Recession, served as the catalyst for a chain of economic pressures that drove the American people into revolutionary reaction—culminating today in street battles against ICE (Immigration and Customs Enforcement). The collapse of the housing bubble triggered mass foreclosures: millions of families lost their homes because they could no longer repay mortgages, especially subprime loans, while banks—drowning in toxic financial instruments—were rescued with public money, leaving ordinary citizens buried under debt and unemployment. Foreclosures peaked in 2010–2011 at historic levels; roughly four million households lost their property between 2007 and 2010. The result was profound economic inequality and a deep, burning sense of betrayal by the entire system.

This economic devastation—banks and Wall Street saved while the people suffered—gave birth to massive rage against neoliberalism. It first exploded visibly with Occupy Wall Street in 2011 and has since evolved into a broader revolutionary mobilization. American households, now carrying more than $18.5 trillion in debt by 2025 (with mortgages accounting for ~70% and student, auto, and credit-card debt skyrocketing), responded with protests that largely ignored the severe damage caused by illegal immigration—which many now describe as the greatest wound inflicted on the United States since the Civil War, due to its enormous economic, social, and security costs.

The 2020–2023 pandemic dramatically intensified these pressures. Moratoriums on foreclosures and loan payments temporarily paused the crisis, but when they ended the debt burden only grew heavier. The Supreme Court’s rejection of broad student-loan forgiveness in 2023 deepened the sense of systemic injustice even further. This accumulated economic fury has fueled revolutionary street actions—most visibly the massive anti-ICE protests that began in 2025 and continue into 2026—with violent clashes in cities such as Los Angeles, Minneapolis, New York, Portland and others. Demonstrators confront federal agents, demand the abolition of ICE, and largely dismiss the devastating effects of illegal immigration (strain on public finances, infrastructure collapse, social unrest).

Despite the fact that many view uncontrolled illegal immigration as the single most destructive challenge the nation has faced since the Civil War, the public’s primary focus remains fixed on economic injustice as the root cause of their suffering. That fixation sustains the ongoing street conflicts.

Only when these deep economic injustices are genuinely addressed—through serious bank regulation, meaningful debt relief/restructuring (especially student and mortgage debt), taxation of extreme wealth, and restoration of basic trust in the system—will the root fuel of this rage be removed. Only then will the street clashes dramatically subside, the momentum of the leftist/revolutionary movement weaken, and society begin to de-escalate from its current near-civil-war atmosphere. Attention can then shift to other major issues (including immigration) without the same level of destructive intensity.

Sir President if you manage to impose a real, tangible solution to this central economic wound—beyond mere deportations—then you will have achieved something historic: you will have extinguished the fire that has been burning American society since 2008. Only then will even many of your opponents be forced to acknowledge that you rank as the most successful president since Abraham Lincoln. Lincoln saved the Union from literal civil war. If you succeed here, you will have prevented / extinguished a modern economic-social civil conflict—and in doing so will have delivered the greatest single benefit to the United States in over 160 years: the restoration of national unity and trust through economic justice.

Without that just restoration and economic resolution, the clashes will continue—no matter how many positive media posts appear or how many deportation victories are claimed and that will not be a benefit neither to the U.S.A. nor its President, while it will hold back as an obstacle all other Nations prosperοus efforts..

ps. and please sir President, if this epistle is of any kind of value for you and for your Country and proves that maybe a few people here from distant Ellas have real understanding and care about the U.S.A. its President and their problems, please give a hand to us and finish all issues among our Fatherland Ellas and the turks, for them to be steady and absolutely reliable to the International Treaty of Lausanne..

Thank you for both the understanding and the hearing

Wish the by heart and mind in Gods Grace and Gods Will all the best!

ΙΩΑΝΝΗΣ

possible short time economic restoration solutions

to be examined about this major problem

Targeted Mortgage Debt Restructuring and Principal Reduction Program Launch a federal program (via FHA/Fannie Mae/Freddie Mac or new legislation) offering principal reductions or refinances for underwater or high-burden mortgages from the 2008 era and post-pandemic spikes. This directly restores homeownership for millions, boosts household wealth (home equity is key for middle-class stability), and stimulates local economies through increased spending. States benefit from stabilized property taxes and reduced foreclosure-related costs. Quick implementation via executive action could start relief within months.

Expanded and Permanent Student Debt Relief with Income-Driven Adjustments Implement broad but targeted forgiveness (e.g., for public servants, low-income borrowers, or balances over certain thresholds) combined with reformed income-driven repayment plans that cap payments and accelerate forgiveness faster than current 20–30-year timelines. This addresses the ~$1.65 trillion student debt burden, frees up disposable income for younger generations, reduces defaults, and boosts consumption. States see gains in workforce productivity and lower social service needs.

Progressive Wealth Tax on Ultra-High Net Worth Individuals Introduce a modest annual tax (e.g., 1–3%) on net worth above $50–100 million, with revenues dedicated to debt relief funds or direct payments. This funds other relief without broad tax hikes, reduces extreme inequality (a key rage driver since 2008), and signals systemic fairness. Revenue could offset costs, stabilizing federal/state budgets.

Strengthened Bank Regulation and "Too Big to Fail" Reforms Reinforce Dodd-Frank-style rules: higher capital requirements, limits on risky derivatives, and stress tests with public transparency. Prevent future bailouts favoring Wall Street, rebuild trust by ensuring banks absorb losses first, and reduce systemic risks that exacerbate inequality during crises. This protects states' economies from future shocks.

Universal or Expanded Earned Income Tax Credit (EITC) and Child Tax Credit Enhancements Make recent expansions permanent, increase amounts, and make them fully refundable/monthly. This provides immediate cash to low/middle-income families, reduces poverty, and counters debt burdens. Quick via tax code changes; boosts consumer spending and state revenues through economic activity.

Raise and Index Federal Minimum Wage Increase to $15+ (phased) and tie to inflation/productivity. This lifts wages for millions, reduces reliance on debt for basics, and narrows inequality without major inflation risks (as seen in past hikes). States gain from higher tax bases and lower public assistance costs.

Massive Infrastructure and Green Jobs Investment Accelerate public-private investments in infrastructure, clean energy, and manufacturing (building on prior laws). Create high-paying jobs in hard-hit areas, raise wages/productivity, and rebuild wealth through employment. States benefit from growth, reduced unemployment strain, and modernized infrastructure.

Reform Housing Policies to Increase Supply and Affordability Federal incentives for zoning reform, subsidies for affordable housing construction, and limits on speculative investment. Lower housing costs ease mortgage/ rent burdens, rebuild homeownership access, and stabilize communities. Quick wins via funding streams; long-term inequality reducer.

Enhanced Bankruptcy Protections and Debt Discharge Options Expand Chapter 7/13 rules to allow easier discharge of certain private student loans, medical debt, and underwater mortgages. Provide a "fresh start" for overburdened households, reducing long-term debt traps and enabling economic participation. Immediate relief for individuals; lowers state burdens from poverty-related issues.

Restore and Expand Social Safety Net Investments Bolster unemployment insurance, Medicaid, food assistance, and childcare subsidies with automatic stabilizers (triggers during downturns). Prevent future crises from deepening inequality, support recovery, and build resilience. States share administrative/fiscal benefits while reducing social unrest drivers.