Trump Pals Around with George Soros

FarmerJohn

Has No Life - Lives on TB
Trump seems to be a political chameleon; he can fit in in wherever habitat he inhabits and be seen as whatever kind of political animal that others which to see.
 

OldArcher

Has No Life - Lives on TB
Speaking of terrified and attacks, slimeball Cruz today flat-out said that Trump had ties to organized crime. No equivocation, no "alleged". He stated it as a fact.

Yeah, I saw that... Dennis, can Cruz be sued, since there is no proof?

Maranatha

OA
 

OldArcher

Has No Life - Lives on TB
Trump seems to be a political chameleon; he can fit in in wherever habitat he inhabits and be seen as whatever kind of political animal that others which to see.

Darned useful capability, when the world's scum, I mean "elite's," are gunning for you!

Go Trump 2016!!!

OA
 

cjoi

Veteran Member
Speaking of terrified and attacks, slimeball Cruz today flat-out said that Trump had ties to organized crime. No equivocation, no "alleged". He stated it as a fact.

Considering how prevalent organized crime is in unions and the construction industry, it would be seriously amazing if The Donald wasn't conversant, however if it was the way Grandpa Munster look-alike Cruz wants to make it sound, you can bet your bippy THAT juicy tidbit would have been widely flung like monkey dung at the debates.

I'm still clinging to the theory that our wonderful and indefatigable JG became exhausted, fell asleep, and was taken over by the Pod People! Free John Galt!:groucho:
 

OldArcher

Has No Life - Lives on TB
JohnGaltfla pals around with Harry Reid and still wets his bed.


Hey ... it's fun to just make shit up and post it like truth!

Ma'am, with your wicked-bad wit, NOBODY should EVER piss you off! Please continue, with aim upon Rubio, Cruz, and those that support them!

GBY&Y's

Maranatha

OA
 

FarmerJohn

Has No Life - Lives on TB
The truth is absolute protection against being sued for libel.

I'm guessing that Sen. Cruz already knows that.
 

Oilpatch Hand

3-Bomb General, TB2K Army
The Article said:
Not only has Trump funded open borders politicians like Schumer, Durbin, McCain, Graham and Menendez, but he’s also been bailed out by George Soros.

For a guy who claims to be a billionaire, this Trump joker sure needs a lot of financial help. At least one bailout from George Soros, and at least two from Prince Al-Waleed of Saudi Arabia.

http://www.dailymail.co.uk/news/article-3422127/Need-bail-time-Saudi-Arabian-prince-slams-Donald-Trump-Twitter-GOP-frontrunner-mocked-Fox-News-ties-monarch.html

And that doesn't count four embarrassing corporate bankruptcies, where various Trump entities were bailed out by their creditors by writing down the book value of their loans to him.

All I know is the last person I want to owe any favors to is George Soros. Seems like The Donald, having gone to, you know...the best schools (heh, heh!) would have been smart enough to realize that.

Then again...it's not like Trump is beholden to any big banks or anything...right? :rofl:
 

Mixin

Veteran Member
This article that JGF posted is nothing but a piece of trash, written by a piece of trash news entity. This one will be as much fun to shred as the other trash pieces he posts.

Conservative Review:
Our Mission The mission of Conservative Review® is to provide best-in-class analysis and commentary on conservative political speech, votes, positions, and elections. - See more at: https://www.conservativereview.com/about-us#sthash.9epKKOJu.dpuf
 

Mixin

Veteran Member
Let's start with this one:

"Trump actually spent Christmas Eve with George Soros in 2009, according to the New York Post. But hey, billionaires gotta stick together, you know? Nevermind that Soros is for a One World Order, an anti-Zionist and an anti-constitutional funder of all things unholy."

When you follow the NYP hyperlink, you will find this in the "Sightings" section:

"Oliver Stone holding court with billionaires Donald Trump, George Soros and Steve Schwarzman at a private party hosted by Nouriel Roubini — nicknamed “Dr. Doom,” for predicting the economic crisis — at RdV Lounge in the Meatpacking District"

So the reality of it is he attended Roubini's party, which was being held at a local high-class lounge. The Sightings fails to say exactly when Trump was sighted, who he was with or how long he stayed.

I call pure BS on this part of the article.

http://pagesix.com/2009/12/25/sightings-790/
 

Mixin

Veteran Member
Levin should be ashamed; is he religious?

Here's a look at another accusation in the article:

" In fact, Trump has over the years contributed to Soros’ pet projects like dosomething.org, a website dedicated to youth political correctness."

When you click on the hyperlink, you go to a page that shows all the celebrities who have supported their cause. Click on "Donald Trump" and this is what you see:

Trump Charities.jpg

Signing a wooden dog bone for charity benefiting an animal rescue league is the leading cause of youth political correctness, for sure. :lol:

Actually, the dosomething site gives a lot of good info on the charitable contributions Trump has made. I'm going to post it separately.

https://www.looktothestars.org/celebrity/donald-trump
 

FarmerJohn

Has No Life - Lives on TB
I think you're mistaking Trump for your buddy Sanders.

Sanders is all about policy. Personality? Not sure he has one of those.

Trump is all personality, which he has in spadefuls. Policy, Trump is all over the place. At times he seems to be even more progressive than Kasich.
 

The Traveler

Veteran Member
Sanders is all about policy. Personality? Not sure he has one of those.

Trump is all personality, which he has in spadefuls. Policy, Trump is all over the place. At times he seems to be even more progressive than Kasich.

Sanders is all about policy LMAO!!!!!!!!!!!!!! No Sanders is all about giving shyte away like a college education to every child and taxing the hell out of you and me and everyone else to pay for it, until it gets to a point no one is working and everyone is beholding to the government for their next meal. But you know that and obviously support that way of life from your previous posts. So which are you, the one that is on the government tit or are you the one that happily pays almost 50% of your annual salary to the government in some form of tax? Just curious?
 

FarmerJohn

Has No Life - Lives on TB
When Sanders is selling his proposed policies to Vermont Republicans, he has about 20% of them when they hear that they'll not have to deal with health insurance crap ever again.

Yes, some higher taxes but what a burden lifted from employers and employees!
 

FarmerJohn

Has No Life - Lives on TB
Update: Trump has nominated Soros partner Mnuchin to head the Treasury.

Goldman Sachs people are ecstatic about so many of their alumni to the Trump administration.

Trump has indicated his intention to gut Dodd-Frank, the bill enacted by congress to prevent the kind of banker machinations that brought on the 2007-08 financial disaster that required the huge bank bailouts.

So much for draining the swamp.

FROM “DRAIN THE SWAMP” TO GOVERNMENT SACHS
By John Cassidy February 3, 2017

Until now, Gary Cohn, the former president of Goldman Sachs, has been the invisible member of the Trump Administration. Now we know why: he has been busy preparing favors for his old pals on Wall Street. In an interview with the Wall Street Journal on Thursday, Cohn said that Trump was preparing to sign an executive order designed to pave the way for a broad rollback of the regulatory regime that the Obama Administration and Congress introduced after the disastrous financial crisis of 2008 and 2009.

Although Cohn gave few specifics, his comments suggested that the Trump Administration wants to hobble the Consumer Financial Protection Bureau, which Congress created to protect the interests of ordinary Americans and investors; reduce the amount of capital that big banks such as JPMorgan Chase and Bank of America have to hold in reserve; spare some non-bank financial firms—such as major insurers—from the enhanced scrutiny they have been subjected to in recent years; and scythe away other key elements of the 2010 Dodd-Frank Act. “This is a table setter for a bunch of stuff that is coming,” Cohn said in reference to the executive order, which Trump signed on Friday.

During last year’s campaign, Trump portrayed both Ted Cruz and Hillary Clinton as pawns of Goldman Sachs. And after the self-described “Leninist” Steve Bannon took over as his campaign C.E.O., Trump broadened his critique, at one point depicting Lloyd Blankfein, Goldman’s C.E.O. and Cohn’s old boss, as a member of a cabal of global financiers who had “robbed our working class, stripped our country of its wealth, and put that money into the pockets of a handful of large corporations and political entities.” Even when it was happening, though, it was clear that all this rabble-rousing was mainly for show.

Although Trump campaigned as an economic populist, his brand of populism was simply old-school Reaganomics—giveaways to the rich and pro-corporate deregulation—rebranded with a nationalist and protectionist twist. After the election, Trump stocked his Cabinet with Wall Street billionaires and mega-millionaires—Wilbur Ross, Steve Mnuchin, Cohn—who had benefitted personally from the lax regulatory regime that was in place before 2010. A week after the election, I commented that the Trump transition was “one of the biggest bait-and-switch operations in recent history.”

Investors took notice. For big trading houses like Goldman, Morgan Stanley, and JPMorgan, the regulatory regime is a key driver of profitability. In the past six years, higher capital requirements and other restrictions introduced as part of Dodd-Frank helped drive down some banks’ return on equity—a measure of their profitability—by more than half. Partly in anticipation of upcoming regulatory relief, bank stocks have been rising sharply since the election.

Indeed, Michael Madowitz, an economist at the Center for American Progress, has calculated that five financial stocks account for more than forty per cent of the rise in the Dow Jones Industrial Average since November 8th. The jump in Goldman’s stock alone accounts for a quarter of the over-all rise. On Friday morning, bank stocks rose again. At noon, Goldman was up four per cent.

One wonders what Trump voters in Michigan, Wisconsin, and western Pennsylvania think of all this. Perhaps they have been distracted by his tough talk on trade, his anti-Muslim travel ban, and his Twitter wars. Perhaps some even believe that what is good for Wall Street is good for them, although that wasn’t what Trump said during the campaign.

In any case, Trump voters and everybody else will now get to watch as the Administration guts a regulatory regime that was designed to prevent another taxpayer bailout of Wall Street. Of course, the Trump Administration won’t present things this way. As Cohn did in his interview with the Journal, they will argue that they are simply removing some bits of the reform package that were overdone and have proved counterproductive. “I’m not sitting here saying we want to go back to the good old days,” Cohn said to the Journal. “We don’t want to do it in an unregulated way. We want to do it in a smart, regulated way.”

If you are convinced by this, I’ve got a fabulous new synthetic subprime-mortgage C.D.O. that you might be interested in investing in. The Dodd-Frank reforms and the other rules that the Federal Reserve and its fellow-regulators introduced after 2008 can’t be considered individually. They were designed to work together as part of a new regulatory regime that reduced the level of risk in the system. They did this by reducing leverage levels—i.e., how much banks can borrow from other financial institutions—and by proscribing certain trading activities, as well as by forcing big banks to draw up “living wills” that would enable the government to wind them down, rather than bail them out, if they got into trouble.

The new system isn’t perfect, but so far it has been working. Big banks have a lot more capital and liquidity than they used to have, and they are less liable to blow up at a moment’s notice. As Ben Bernanke, the former head of the Federal Reserve, pointed out last year, the reform process is an ongoing one. “A key element of the strategy is that it gives banks strong incentives to shrink or otherwise restructure themselves to reduce the risk they pose to the financial system,” Bernanke, who is now at the Brookings Institution, wrote in a blog post.

The big banks, of course, don’t want to restructure or shrink further. They want more freedom to increase the size of their balance sheets by borrowing more money, to make risky trades, and to issue risky loans without busybodies from the Fed and the Consumer Financial Protection Bureau sticking their noses in. And now, it appears, the banks will get what they want.

As part of that process, it seems inevitable that Trump will have to get rid of Bernanke’s successor, Janet Yellen, who is also a strong supporter of the post-2008 regulatory regime. Unless the Fed reverses much of what it has done since 2008, particularly its edicts forcing big banks to hold more capital, there is only so much that the Trump Administration can do to free things up. But Yellen’s presence is only a temporary roadblock. Her term is up next January, and there are plenty of people on Wall Street who would be more than happy to replace her.

http://www.newyorker.com/news/john-cassidy/from-drain-the-swamp-to-government-sachs
 

Conrad Nimikos

Who is Henry Bowman
...WTF? Farmer John has replied to this thread more times than I have ever seen him reply to a thread he, Farmer John , has started!
 
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