I acknowledge there are cartoons of a more favorable view, but choose this one to make a point, even if there is a better side to the story.
Tweety feels he deserved better all his life. Tweety feels people should have been nicer to him all his life. Tweety believes he has earned the right to get revenge on all Americans and he will laugh when he is done dismantling American government.
Tweety wants to kill Dodd-Frank so banks can loan more? Why?
"So Trump Wants to Repeal Dodd-Frank…"
Trump’s executive orders have covered policies in national security, infrastructure, healthcare, and trade, so it makes sense that up next on the chopping block is fiscal policy.
By Dania Duran, Editor at Kapitall Wire August 29, 2017
https://studybreaks.com/2
017/08/29/trump-wants-repeal-dodd-frank/
"Trump’s Take on Dodd-Frank
In essence, Trump and his conservative administration would love to see less government oversight regarding both financial and other (if not all) industries. Most recently, Trump already went after Dodd-Frank, by signing an executive order that scrapped a rule requiring disclosure of payments to foreign governments. “This is a big signing,” he signaled during the meeting."
The Consumer Financial Protection Bureau (CFPB) is what irks Trump the most.
"A major area in which Trump would like to knock Dodd-Frank down a peg is by dismantling the CFPB in any and all ways possible. Bloomberg points out, “Republican lawmakers and the financial industry say its scope is too broad and its powers too strong, maybe unconstitutionally so.”
The CFPB doesn’t answer to Congress, its budget is controlled through the Federal Reserve, and even the Fed isn’t allowed to intervene in any matters before the Director of the Bureau. Trump can’t even hire a new director, since Director Richard Cordray’s tenure is until 2018.
Still, the rules and judgments handed down by the CFPB have led to $11.7 billion in compensation to consumers, most notably the Wells Fargo (WFC) $100 million phony accounts case, which continues to have ripple effects among top executives in the company. Without the CFPB or Dodd-Frank to hold corporations accountable, I wonder if they will go back to pre-2007 ways of doing business, and of playing with the livelihoods of the general consumer."
Tweety is clearly getting revenge on everything and everyone, and the United States as President. He is angry and getting revenge on America.
And he has all his supporters thinking he is destroying the "establishment" for them, when, sadly, he has become the establishment that helps the richest 1% at their expense.
"Trump does Wall Street’s bidding, betraying campaign promises"
By Steve Benen 02/03/17 12:48 PM
http://www.msnbc.com/rachel-maddow-show/trump-does-wall-streets-bidding-betraying-campaign-promises
"More so than any modern Republican presidential nominee, Donald Trump positioned himself as an opponent of Wall Street. In fact, as regular readers know, the GOP candidate spent months insisting that it was Hillary Clinton, not himself, who’d do the financial industry’s bidding."
"Donald Trump Is Breaking His Promise To Be Tough On Wall Street"
The president’s agenda is full-throttle deregulation.
By Ben Walsh "01/31/2017 02:23 pm ET Updated Feb 03, 2017
https://www.huffingtonpost.com/entry/donald-trump-wall-street_us_5890c587e4b02772c4e98b79
"UPDATE: Feb. 3 ― President Donald Trump signed executive orders on Friday that halt the Obama administration’s conflict of interest rule for retirement savings and order a review of the 2010 financial reform rules meant to make banks more stable and less likely to need bailouts.
Previously:
If there was ever doubt that President Donald Trump’s tough talk on big banks was an empty show, his first 12 days in office have put it to rest."
More.
"what appears to be the first action of the new Trump administration ― reversing a planned decrease in the cost of a federal mortgage insurance program that helps working- and middle-class Americans buy homes ― will mean hundreds of thousands of Americans will pay more money every month and tens of thousands may not be able to buy homes at all. The price hike, however, is a helpful boost to anyone selling private mortgage insurance and investors in mortgage-backed securities."
"Where Trump Stands on Wall Street" [Guess!]
By Donna Borak and Henry Williams
Last updated Nov. 9, 2016 at 1:00 p.m. ET
http://graphics.wsj.com/elections/2016/where-trump-stands-on-wall-street/
"Will President Donald Trump be Wall Street’s friend or foe? It’s hard to tell from his personal background and his campaign platform. He has called for ripping up the landmark 2010 Dodd-Frank Act, which the financial industry has criticized as overly burdensome. Yet he has also tangled with the financial industry, and blasted “Wall Street” regularly during his populist speeches. Here’s a look at his comments, and history, on issues concerning the financial sector."
"Trump says he doesn't want a 'poor person' handling economy"
President tells crowd during Iowa tour that economic adviser and commerce secretary had to give up a lot to work for him
"Donald Trump has said he doesn’t want “a poor person” to hold economic roles in his administration as he used an Iowa rally to defend his decision to appoint the wealthy to his cabinet.
The US president told a crowd on Wednesday night: “Somebody said why did you appoint a rich person to be in charge of the economy? No it’s true. And Wilbur’s [commerce secretary Wilbur Ross] a very rich person in charge of commerce. I said: ‘Because that’s the kind of thinking we want.’”"
