Trump Presidency and the Consequences

[dbphoenix]

P1ss into the wind, eat yellow snow, repeal ACA all the same to Trump supporters :idea:

Pretty much. It's been only ten years since the Repubs brought about an economic disaster that infected the world and yet the peeps voted them right back in again.

 

[petetrades]

Pretty much. It's been only ten years since the Repubs brought about an economic disaster that infected the world and yet the peeps voted them right back in again.

http://humanevents.com/2012/12/22/n...-fully-to-blame-for-subprime-mortgage-crisis/

"Democrats and the media insist the Community Reinvestment Act, the anti-redlining law beefed up by President Clinton, had nothing to do with the subprime mortgage crisis and recession.

But a new study by the respected National Bureau of Economic Research finds, “Yes, it did. We find that adherence to that act led to riskier lending by banks.”

Added NBER: “There is a clear pattern of increased defaults for loans made by these banks in quarters around the (CRA) exam. Moreover, the effects are larger for loans made within CRA tracts,” or predominantly low-income and minority areas.

To satisfy CRA examiners, “flexible” lending by large banks rose an average 5% and those loans defaulted about 15% more often, the 43-page study found.

The strongest link between CRA lending and defaults took place in the runup to the crisis — 2004 to 2006 — when banks rapidly sold CRA mortgages for securitization by Fannie Mae and Freddie Mac and Wall Street.

CRA regulations are at the core of Fannie’s and Freddie’s so-called affordable housing mission. In the early 1990s, a Democrat Congress gave HUD the authority to set and enforce (through fines) CRA-grade loan quotas at Fannie and Freddie.

It passed a law requiring the government-backed agencies to “assist insured depository institutions to meet their obligations under the (CRA).” The goal was to help banks meet lending quotas by buying their CRA loans.

But they had to loosen underwriting standards to do it. And that’s what they did."

 

[Atilla]

Mark Cuban calls Trump ‘the Zoolander president,’ won’t rule out running


Billionaire Mark Cuban lobbed a fresh round of insults at President Donald Trump on Sunday, and said he wouldn’t rule out running for president.

Cuban, a self-described libertarian, said he liked Trump until he “got to know him.”

The Dallas Mavericks owner said he supported Trump’s push for broad deregulation, that he would like to amend the Constitution to make basic health care a right, and that while some sort of immigration reform is needed, he supports the H-1B visa program. “Obviously we want the best talent globally,” he said, “because if they aren’t working for us they’re working for someone else.”




That last paragraph shows he is in broad agreement with DT but sounds far more palatable for GOP representation with a head on his shoulders.

Blanaced reason and compromise are good ingredients for a leader to have.

 

[dbphoenix]

Texas Rep. Jessica Farrar Trolls GOP By Proposing $100 Fine For Men Who Masturbate

 

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[dbphoenix]

Texas Rep. Jessica Farrar Trolls GOP By Proposing $100 Fine For Men Who Masturbate

Comments:

Humor brings out absurdity better than dull invective. I don’t think the “storage” provision goes far enough-- why not a proper burial. That would also be quite a jobs creator in the funeral industry.

And even before that, make him view it.

I think an amendment is in order: a 30 day waiting period should also be imposed on masturbation. The male in question should have to obtain written permission for the responsible female in his life, be it mother, wife, employer or religious authority and then must wait a full 30 days before completing the act. (And no grandfathering or blanket approvals of multiple acts.)....

That's one sure way to pay off the national debt in a month.

 

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http://newsinfo.inquirer.net/778584/nude-trump-painting-on-show-in-london

Nude Trump painting on show in London

 

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Texas Rep. Jessica Farrar Trolls GOP By Proposing $100 Fine For Men Who Masturbate

http://jezebel.com/5107639/92-of-women-masturbate-but-how-often-do-they-do-it

"A new study reveals 92% of women regularly take time out to masturbate, a huge jump from the findings of previous studies (74% in 1979 and 62% in 1953).

The Gossard Big M Survey interviewed 1,000 women, ages 18-30, and their answers indicate that not only do 9 out of 10 women play with themselves, two-thirds do it three times a week. The study refers to these as "sessions," which we can assume doesn't refer to the number of orgasms achieved, but rather, the time spent achieving them. 'Cause you know that if you have one, you stick around for more. Orgasms from masturbating are like Payless shoes: Once you get the first pair, you get the second for next to nothing."

 

[dbphoenix]

The Travel Press is Reporting the 'Trump Slump,' a Devastating Drop in Tourism to the United States

Experts across the travel industry are warning that masses of tourists are being scared away from visiting the United States, and the loss of tourism jobs could be devastating.

By Arthur Frommer


Though they may differ as to the wisdom of the move, the travel press and most travel experts are of one mind: They are currently drawing attention to an unintended consequence of the Trump-led efforts to stop many Muslims from coming to the U.S., pointing to a sharp drop in foreign tourism to our nation that imperils jobs and touristic income.

It’s known as the “Trump Slump.” And I know of no reputable travel publication to deny it.

Thus, the prestigious Travel Weekly magazine (as close to an “official” travel publication as they come) has set the decline in foreign tourism at 6.8%. And the fall-off is not limited to Muslim travelers, but also extends to all incoming foreign tourists. Apparently, an attack on one group of tourists is regarded as an assault on all.

As far as travel by distinct religious groups, flight passengers from the seven Muslim-majority nations named by Trump were down by 80% in the last week of January and first week of February, according to Forward Keys, a well-known firm of travel statisticians. On the web, flight searches for trips heading to the U.S. out of all international locations was recently down by 17%.

A drop of that magnitude, if continued, would reduce the value of foreign travel within the U.S. by billions of dollars. And the number of jobs supported by foreign tourists and their expenditures in the United States—and thus lost—would easily exceed hundreds of thousands of workers in hotels, restaurants, transportation, stores, tour operations, travel agencies, and the like.

While, earlier in the year, the Administration had boasted of saving 800 jobs in the Carrier Corporation, the drop-off in employment resulting from the travel ban would eclipse that figure.

According to the Global Business Travel Association, in only a single week following announcement of the ban against certain foreign tourists, the activity of business travel declined by nearly $185 million.

Other observers, including local tourist offices, have reached similar conclusions. In referring to New York City’s $60 billion tourist industry alone, the head of the city’s tourist effort complained that his agency’s effort to portray the United States as a welcoming destination to foreign citizens “was all in jeopardy.” Several other tourist officials have made like statements.

As you can see, there is plenty of evidence for a negative conclusion.

 

[Atilla]

The Travel Press is Reporting the 'Trump Slump,' a Devastating Drop in Tourism to the United States

Experts across the travel industry are warning that masses of tourists are being scared away from visiting the United States, and the loss of tourism jobs could be devastating.

By Arthur Frommer


Though they may differ as to the wisdom of the move, the travel press and most travel experts are of one mind: They are currently drawing attention to an unintended consequence of the Trump-led efforts to stop many Muslims from coming to the U.S., pointing to a sharp drop in foreign tourism to our nation that imperils jobs and touristic income.

It’s known as the “Trump Slump.” And I know of no reputable travel publication to deny it.

Thus, the prestigious Travel Weekly magazine (as close to an “official” travel publication as they come) has set the decline in foreign tourism at 6.8%. And the fall-off is not limited to Muslim travelers, but also extends to all incoming foreign tourists. Apparently, an attack on one group of tourists is regarded as an assault on all.

As far as travel by distinct religious groups, flight passengers from the seven Muslim-majority nations named by Trump were down by 80% in the last week of January and first week of February, according to Forward Keys, a well-known firm of travel statisticians. On the web, flight searches for trips heading to the U.S. out of all international locations was recently down by 17%.

A drop of that magnitude, if continued, would reduce the value of foreign travel within the U.S. by billions of dollars. And the number of jobs supported by foreign tourists and their expenditures in the United States—and thus lost—would easily exceed hundreds of thousands of workers in hotels, restaurants, transportation, stores, tour operations, travel agencies, and the like.

While, earlier in the year, the Administration had boasted of saving 800 jobs in the Carrier Corporation, the drop-off in employment resulting from the travel ban would eclipse that figure.

According to the Global Business Travel Association, in only a single week following announcement of the ban against certain foreign tourists, the activity of business travel declined by nearly $185 million.

Other observers, including local tourist offices, have reached similar conclusions. In referring to New York City’s $60 billion tourist industry alone, the head of the city’s tourist effort complained that his agency’s effort to portray the United States as a welcoming destination to foreign citizens “was all in jeopardy.” Several other tourist officials have made like statements.

As you can see, there is plenty of evidence for a negative conclusion.

Yes and I concur with this pov. I grew up always wanting to travel to the USA and taking route 66 and the rest. I did get to have my dream turn to reality. Staying in a motel and taking a dip in the pool at 10pm at night whilst it was so hot is just one of those lasting memories I'll never forget.

Sadly and perhaps more correctly, my children have no desire to visit the US. On the contrary they can't imagine why anyone would want to risk going there with all the gun crime and shootings. The random killings in the batman movie cinema goers has had a disproportionate impact on them.

Killing an innocent Indian could not have helped either.

As it happens, today on the BBC they were saying tourists visiting China have gone up. They are from Asia and quite a few from US too.

 

[dbphoenix]

Sounds like my first trip to Europe, when kids could still hitchhike without fear.

Those days are gone.

 

[petetrades]

http://www.breitbart.com/big-govern...ally-sending-feds-chicago-help-deal-violence/

"Before his inauguration and since taking office, Donald J. Trump has repeatedly said he would send the feds into Chicago to help the city deal with its incessant gang violence and out of control murder rate. Now a report notes that members of Trump’s Department of Justice will soon visit The Windy City to do just that.

According to Chicago’s WGN TV, the U.S. Department of Justice is sending representatives to Chicago next week to work with the city to craft new policies that will address the internecine gang warfare killing Chicagoans in record numbers."