THE TRUMP PRESIDENCY

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Strong is the hatred Trump of here.

I don't hate the guy; I just think he's way over his thick, blonde hair for this job (he's giving us blondes a bad name, matter of fact).

I also feel somewhat sorry for the angry, blue collar workers that came out in support of him. So far, besides wrecking the environment and getting tougher on immigration (especially from the middle east), I don't see how those people are or will benefit. They want a new health care law that will ultimately leave 24 million uninsured and cost older folks more and the wealthy less? Plus he wants to throw money cut from social services to the defense industry. Unless you work for a defense contractor (my brother) monetarily, the cuts will again hurt the poor while we make ourselves a bigger stick. I like having the biggest stick. But our defense spending (last time I checked)...Heh-heh. I decided to look up a 2016 pie chart and came across this:




Anyway, you CAN'T tell me that there's not a HUGE amount of waste in defense spending. HUGE!! I think if someone bothered to really dig in to that they could get a whole lot more out of the money that's already being spent as opposed to throwing more money at it.

Instead they want to do away with Planned Parenthood and Paul Ryan reminds us that Social Security/Medicaid will be bankrupt in 5-10 years or something. I believe that. And I believe that those programs need to be examined as well but "drain the swamp" to ME means looking at wasteful, special interest spending and cutting that (first). Maybe I'm delusional like Trump. "Wire tapping" to him means "any kind of surveillance".

If the new healthcare law does away with the pre-existing condition provision or the coverage for young adults until age 26 (or whatever it was moved to) I'ma be pissed. Otherwise several of his executive orders are personally beneficial. My husband has been SWIMMING in regulations the last few years. Some federally mandated, some coming down from BofA in an effort to avoid lawsuits. For example, at some point in the near future, new statements (including investment statements obviously) will include the broker's fees in LARGE TYPE on the front page of the god damn statement. They're in there now but BofA (or is it the regulatory agency?) is requiring that they be front page/center. For those that actually work hard for their clients (and possibly make them lots of money) it can still be jarring to get slapped in the face with that.

But Trump...

President Donald Trump will order a sweeping review of the Dodd-Frank Act rules enacted in response to the 2008 financial crisis, a White House official said, signing an executive action Friday designed to significantly scale back the regulatory system put in place in 2010.

Trump also will halt another of former President Barack Obama’s regulations, hated by the financial industry, that requires advisers on retirement accounts to work in the best interests of their clients. Trump’s order will give the new administration time to review the change, known as the fiduciary rule.


Ha Ha! Wouldn't want advisers working in the best interest of their clients.


https://www.bloomberg.com/politics/artic...dodd-frank

And what did he do during the campaign? Drag Hillary through the mud for any and all connections she had to Wall Street. Really Donald? For shame.