Author Topic: Trump pays back bankers  (Read 335 times)

Offline yankeedoodle

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Trump pays back bankers
« on: February 03, 2017, 11:00:25 PM »
Shabbos goy Donnie-boy, who has gone bankrupt many times, is paying back his banker friends, with...guess what, the money from all those red hat-wearing Americans who hate the "banksters" and love their silk shirt-wearing "populist" - LOL x 100 - hero, dog crap Donnie-boy.

After the financial crisis of 2008, which cost Americans billions - probably trillions - to bail-out the banksters, new rules - Dodd-Frank - were put in place to protect Americans and make sure they never again had to bail-out the banksters.

Guess what?  Shabbos goy Donnie-boy loves jew-boy banker Jamie Dimon from JP Morgan.   

Quote
       Trump said: “We have some of the bankers here. There is nobody better to tell me about Dodd-Frank than Jamie [Dimon], so you gonna tell me about it. We expect to be cutting a lot out of Dodd-Frank because, frankly, I have so many people, friends of mine, that have nice businesses, they can’t borrow money, they just can’t get any money because the banks just won’t let them borrow.”

   
http://www.euronews.com/2017/02/03/trump-to-weaken-banking-rules



Offline rmstock

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Re: Trump pays back bankers
« Reply #1 on: February 04, 2017, 02:40:03 PM »
The Dodd Frank Bill was created shortly after the TARP relieve program
was rolled out, where even AIG was bailed out for 100 cents on the
Dollar. Too Big to Fail.  It looks more like an extended convoluted
cover-up of what happened to Lehman's ,  where Goldman was clearly the
very nasty evil culprit. And right now we have too many Goldman folk
inside the Trump Administration to my taste.  When Trump throws out
Dodd-Frank, he should also go back to the 2nd Clinton' term in Office,
when Larry Summers threw out the Glass Steagall act of 1933, which
deliberately created the opportunity for them Cowboy Bankers, like
Goldman, to create these murky Trillion Dollar Debt obligations in the
first place.

Dodd-Frank was the attempt by Obama to re-introduce Banking
regulations. Dodd-Frank can be thrown out, but then the old Glass
Steagall act of 1933 should be reactivated.  It's the same modus
operandi as with the Affordable Care Act (ACA), repeal AND REPLACE
Obamacare. However the Affordable Care Act (ACA) was introduced by
Obama with an hidden Marxist agenda, to wipe-out the last remnants from
small to middle sized business owners. Only low wage income and welfare
receivers received an Affordable Care program, because they never had
to pay full premiums.

I don't know what Trump is aiming for by dropping Dodd-Frank, but an
unregulated Banking sector is then left open. With all the Goldman
folks inside the Trump Administration one starts to wonder. Trump
should hold true to his virtue and only introduce legislation which has
no hidden agenda inside, and either reactivate the Glass-Steagall act
of 1933, or a modernized version of that, with no hidden Goldman gloves
inside.
« Last Edit: February 04, 2017, 03:15:46 PM by rmstock »

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   Head-Quarters, Valley Forge, 5 May, 1778