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Yes, when you deposit cheques that are given to you as pay for special treatment in your role as President. China approves Trump's trade mark claims and then they do the same for his daughter, and all of a sudden China is no longer a currency manipulator. Yeah, America first my ass.
Last edited by Eve1; 19th April 2017 at 04:45 PM.
B) he could literally shoot someone you would still support him.
So yeah, you don't get to lecture people here anymore about morals and integrity because you don't have either. Seems like you don't care how corrupt he is or how much damage he has already done to this country.
THE FEDERAL RESERVE’S vice chair for supervision is arguably the most important financial regulator in the federal government. No agency has greater oversight responsibility of U.S. financial institutions than the Fed. And the vice chair influences what kinds of trades those institutions can make, how they must prepare for unexpected losses, and what punishment to mete out when banks fail to uphold the law. Hedge funds and private equity firms are sometimes called “shadow banks” because they exist outside the regulatory perimeter, even though they engage in bank-like lending and investment activities. They want to keep it that way. And President Trump’s expected nomination of Randal Quarles to the vice chair’s role is about as close a guarantee as the shadow banking sector can get that the feds won’t be bothering them any time soon.
Quarles served two stints in the Treasury Department, under both Bush administrations, but afterward, he moved to the Carlyle Group, the $169 billion private equity giant. Quarles was part of the financial services team, which appears to be registered in the Cayman Islands tax haven.
Carlyle raised $1.1 billion for this effort, and got the Federal Reserve and the Federal Deposit Insurance Corporation to loosen rules that prevented private equity firms from controlling a commercial bank outright, rather than just owning a minority stake. Quarles was at the forefront of that effort, lobbying government officials and writing op-eds touting the concept of deregulation for private equity.
In 2009, Carlyle purchased BankUnited, a Miami-based lender, with a consortium that included Wilbur Ross, the current commerce secretary. The FDIC gave the group a shared-loss agreement, reimbursing between 80-95 percent of the losses on $11.7 billion in distressed assets. So the government shouldered practically all the downside, while Carlyle and its partners enjoyed all the upside.
Was the shooting justified or do you just automatically assume his guilt? I am thinking the latter would be your choice.
Please feel free to list the great damage Trump has caused in 4 months.
HANGHAI (AP) — Since her father was elected president of the United States, global sales of Ivanka Trump merchandise have surged and the company has applied for at least nine new trademarks in the Philippines, Puerto Rico, Canada and the U.S. The commercial engine of the first daughter's brand is stronger than ever even as she builds a new political career from her West Wing office. Sales hit record levels in 2017, despite boycotts and several stores limiting her merchandise. U.S. imports, almost all from China, shot up an estimated 166 percent last year.
The brand, which Ivanka Trump no longer manages but still owns, says distribution is growing. It has launched new active wear and affordable jewelry lines, and is working to expand its global intellectual property footprint. In addition to applying for the new trademarks, Ivanka Trump Marks LLC has won provisional approval from the Chinese government for at least five since the inauguration.
The commercial currents of President Donald Trump's White House are unprecedented in modern American politics, ethics lawyers say. They have created an unfamiliar landscape riven with ethical pitfalls, and forced consumers and retailers to wrestle with the unlikely passions now inspired by Ivanka Trump's mid-market collection of ruffled blouses, shifts and wedges.
So many more examples - it's been happening ever since he took office.