Impressed by the Trump administration part II

posted by superman

When a libtard uses sarcasm and confuses another libtard.

I consider myself an independent but I am glad that you caught my poor attempt at sarcasm.

reps

posted by Dr Winston O'Boogie

Trump’s on pace to play 2 times as much golf while in office compared to Obama. So you’re wrong there. This is especially funny considering how vocally he criticized Obama for playing and for claiming he “wouldn’t have time to play golf” while in office. 

Seriously? lol

No liberal should complain about him playing golf.....if he is doing that then he is not unraveling 8 years of liberal policy.....

https://www.bloomberg.com/news/articles/2018-03-15/1-000-cuts-to-dodd-frank-senate-bill-part-of-deregulation-wave

And another significant win.............

posted by gut

It was shamelessly indulgent.  Absolutely disgusting.

Same thing as thoes bipartisan hearings.  He opens it up, showing/promising transparency so how can Dems refuse?  But then it forces them to be respectful and defferent, because they'll disrespect him plenty in a soundbite but no one is doing that directly to the POTUS on camera.  It's kind of a brilliant move, but it's nothing more than optical bullshit.

At this point, isn't most of what goes on in front of the cameras just optics chess?

posted by ppaw1999

At least President Trump is to busy governing instead of being on the golf course like Obama.

XD

posted by Dr Winston O'Boogie

Trump’s on pace to play 2 times as much golf while in office compared to Obama. So you’re wrong there. This is especially funny considering how vocally he criticized Obama for playing and for claiming he “wouldn’t have time to play golf” while in office. 

Dude ...

posted by QuakerOats

https://www.bloomberg.com/news/articles/2018-03-15/1-000-cuts-to-dodd-frank-senate-bill-part-of-deregulation-wave

 

 

And another significant win.............

Regulating banks differently depending on their size.

Ah, yes.  Anti-capitalist policy strikes again ...

posted by O-Trap

Regulating banks differently depending on their size.

Ah, yes.  Anti-capitalist policy strikes again ...

I might make the argument that size does matter.  Non-publicly traded companies don't have SEC regulations and a host of other things.

Easing regulations on smaller banks makes a lot of sense, though the risk of more mortgage fraud is something to consider.  But your bulge bracket investment banks with huge proprietary trading desks are completely different animals from you S&L's and regional/local banks.

posted by gut

I might make the argument that size does matter.  Non-publicly traded companies don't have SEC regulations and a host of other things.

Easing regulations on smaller banks makes a lot of sense, though the risk of more mortgage fraud is something to consider.  But your bulge bracket investment banks with huge proprietary trading desks are completely different animals from you S&L's and regional/local banks.

Naturally, one could certainly make the case that some banks aren't really "banks" in the sense that we generally think of one, and if THAT was the gauge, I could see a case made.  By size alone, though, would seem to treat two businesses which are functionally the same (at the very least on paper) as though they aren't.

In effect, it smacks of typical federal meddling in private commerce, which causes as many problems as it solves, despite the intentions (which, in fairness, are usually able to be seen as good).

posted by O-Trap

At this point, isn't most of what goes on in front of the cameras just optics chess?

 

posted by ppaw1999

At least President Trump is to busy governing instead of being on the golf course like Obama.

 

XD

 

posted by Dr Winston O'Boogie

Trump’s on pace to play 2 times as much golf while in office compared to Obama. So you’re wrong there. This is especially funny considering how vocally he criticized Obama for playing and for claiming he “wouldn’t have time to play golf” while in office. 

 

Dude ...

 

posted by QuakerOats

https://www.bloomberg.com/news/articles/2018-03-15/1-000-cuts-to-dodd-frank-senate-bill-part-of-deregulation-wave

 

 

And another significant win.............

Regulating banks differently depending on their size.

Ah, yes.  Anti-capitalist policy strikes again ...

 

Again, government caused the problems.  Getting off the ass of community banks now is not only proper, it will create more options for consumers in a much more competitive environment.  The one-size-fits-all mandates from Washington DC are largely responsible for most of the problems this country faces. 

posted by QuakerOats

Again, government caused the problems.  Getting off the ass of community banks now is not only proper, it will create more options for consumers in a much more competitive environment.  The one-size-fits-all mandates from Washington DC are largely responsible for most of the problems this country faces. 

Are you suggesting that equal laws for all like businesses is a problem?

Don't get me wrong.  I agree that there is too much regulation, and the answer is deregulation, but putting like businesses into "tiers" and regulating them differently isn't unlike the tiered tax brackets for citizens or the social welfare programs granted to those with lower incomes.  The principle is the same.

The notion that laws for particular businesses are "one-size-fits-all" is simply equality under the law.  Likes being treated as likes.

If you think money center banks are similar to community banks, well, I don't know what to say. 

Meanwhile, more common sense prevailing:

EPA Clarification on NSR Rules: A Major Win for Manufacturers.
In response to the NAM’s advocacy, Environmental Protection Agency (EPA) Administrator Scott Pruitt issued a guidance memorandum on March 13 that will fix ambiguities in the permitting process that have prevented manufacturers from installing cleaner equipment. As the NAM testified before the Senate last fall: “The purpose of NSR (New Source Review rules), according to the EPA, is to require industrial facilities ‘to install modern pollution control equipment when they are built or when making a change that increases emissions significantly.’ In practice, however, NSR often stands in the way of efficiency upgrades and the installation of modern pollution control equipment.” The NAM pushed hard for this outcome, and the EPA listened.

posted by QuakerOats

If you think money center banks are similar to community banks, well, I don't know what to say. 

I stated above (in my response to gut) that there's obviously a difference between investment bank and a retail bank.  However, what you're supporting isn't a distinction based on that.  It's a distinction based on size.

You want to make a distinction based strictly on which version of banking the bank is involved in?  That has more merit.  Size is subjective and, again, parallel in principle to social welfare programs and tiered tax brackets.

Mine is a distinction based on business model, product offering, customer base, and ownership. 

An apple may be the size of an orange, but they are two completely different fruits. 

Carry on.

posted by QuakerOats

Mine is a distinction based on business model, product offering, customer base, and ownership. 

An apple may be the size of an orange, but they are two completely different fruits. 

 

Carry on.

That analogy describes my point, more or less.  If by "customer base," you mean the size of the customer base, I think that's still a size issue, and I'm not sure what you mean by "ownership," but product offerings and business model ... we agree on those ... at least that they make the businesses different entities.

The fact that the larger ones still have more regulation is a problem, though, and is still antithetical to free market.

 

I do NOT mean the size of the 'customer base'

posted by QuakerOats

I do NOT mean the size of the 'customer base'

Then what I said doesn't apply.  That's where the "If" came in.

Emerson Chairman and CEO and NAM Board Chair David Farr was interviewed on Jim Cramer’s ‘Mad Money’ show for CNBC (3/19) on Monday. Cramer called Emerson “a manufacturer’s manufacturer.” During the interview Farr said, “Clearly the tax plan helped us a lot, [and] the regulation plan.” US tax reform, Farr said, “is going to drive investment. We’ve had underinvestment in the US for too long.” He concluded, “Tax reform is good. Regulation reform is good,” and there is “huge investment going on in the United States.”

Just so refreshing to see the ship get righted; to think we were focusing on which bathroom we are supposed to pee in.....wow

posted by QuakerOats

Emerson Chairman and CEO and NAM Board Chair David Farr was interviewed on Jim Cramer’s ‘Mad Money’ show for CNBC (3/19) on Monday. Cramer called Emerson “a manufacturer’s manufacturer.” During the interview Farr said, “Clearly the tax plan helped us a lot, [and] the regulation plan.” US tax reform, Farr said, “is going to drive investment. We’ve had underinvestment in the US for too long.” He concluded, “Tax reform is good. Regulation reform is good,” and there is “huge investment going on in the United States.”

 

 

Just so refreshing to see the ship get righted; to think we were focusing on which bathroom we are supposed to pee in.....wow

Great. In the meantime, Trump spoke to Putin congratulating him on his "election" yet making no reference to the U.K. poisoning or even the ongoing efforts of Russian jacking with our cyber space and infrastructure. 

Really winning there.  What "Special Relationship" with the U.K? At least Trump mentioned Ukraine and Syria with Putin....

posted by ptown_trojans_1

Great. In the meantime, Trump spoke to Putin congratulating him on his "election" yet making no reference to the U.K. poisoning or even the ongoing efforts of Russian jacking with our cyber space and infrastructure. 

Really winning there.  What "Special Relationship" with the U.K? At least Trump mentioned Ukraine and Syria with Putin....

Not the time and place for that.

Judge rules defamation case against Trump can proceed, "'No one is above the law" he said.

More winning!