The Trump Presidency | Biden Inaugurated

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They have just said on the news that he has told business leaders he is going to reduce regulations. What does that mean exactly and what harm could it do?
 


I mean... coverage will always vary, each editor choosing something different to highlight. I was just saying that there are stories out there and occupying prime real-estate. I agree it was bizarre (yet again).



That's a bit more like it alright.
 
They have just said on the news that he has told business leaders he is going to reduce regulations. What does that mean exactly and what harm could it do?

Regulations = Stop businesses doing something on the basis of it being harmful to someone or something.
Less regulations = businesses have less resistance to doing something harmful to something or someone in the name of profit.
 
Regulations = Stop businesses doing something on the basis of it being harmful to someone or something.
Less regulations = businesses have less resistance to doing something harmful to something or someone in the name of profit.
So that's the environment, peoples health and workers safety and rights fecked then?

So probably his loyal blue collar workers will get shafted.
 
I think people focus too much on Trump and not enough on what caused so many American's to vote for him. We know he's said and done a million awful things, but to me it's just fasincating that it worked and he won.

I personally believe all of the shit he came out with was calculated to an extent. In some weird twisted way, the terrible stuff that he's said has gotten him enough support to become the president, and I think he knew that that was his best bet. So what is going on in the minds of almost half of Americans for that to happen? I can't get my head around it.

To some extent, Trump outsmarted Hillary. The twitter thing worked, it was free marketing and he could make it all about him whenever he wanted. He also took advantage of her shocking campaign strategy. If I'm not mistaken, Hillary visited Wisconsin zero times, Trump went all out to get it and for the first time in many years Wisonsin turned republican. It was good campaigning.

I don't know, I'm not particularly knowledgable on American politics but I feel like people are looking the wrong way.

Also, this might not go down well, but the women's march.. why specifically that? Trump said shockingly slanderous things about disabled people, black people, Mexican people and muslims, so why peripheralise all of those issues and solely focus on the '#WomensMarch'? And what the feck was Madonna on about? I dunno, the whole thing just seemed a bit ridiculous to me.

Because Trump's cabinet have expressed a willingness to strip down services such as Planned Parenthood because they believe women who get abortions are satanic. When actually abortions make up a small amount of services available at Planned Parenthood, and it's other services such as free contraception, healthcare advice, menstruation equipment, STD testing, pap smears & cancer screenings, adoption services and many more - that are targeted at women and men, and used by those who come from poor or difficult socio-economic backgrounds.

The Trump team havent talked about trying to take away rights from disabled, or people of colour. And because the women's march is cross-sectional meaning it involves women, men, of all races, sexuality, ability, religion etc it becomes a unifying message.

There's nothing ridiculous about it.
 
They have just said on the news that he has told business leaders he is going to reduce regulations. What does that mean exactly and what harm could it do?
Adding to what has been answered already to your question: I expect he'll remove all the regulations for the finance sector. Back to the pre-Lehman Brother's times.
 
Deregulation can bring benefits when a market is not open to enough competition but it is unlikely to be entirely beneficial. "Light touch" was the expression used by New Labour and that helped to bring about the 2008 financial crisis. One of the dangers is that, as businesses are there to make a profit, they will will work exclusively towards that goal regardless of the social cost. That's where governments come in, to introduce a political element to the economy as described by Adam Smith in his other, less famous, book.
 
Deregulation can bring benefits when a market is not open to enough competition but it is unlikely to be entirely beneficial. "Light touch" was the expression used by New Labour and that helped to bring about the 2008 financial crisis. One of the dangers is that, as businesses are there to make a profit, they will will work exclusively towards that goal regardless of the social cost. That's where governments come in, to introduce a political element to the economy as described by Adam Smith in his other, less famous, book.
One of the dangers? It's a certainty, corporations don't give a fcuk about us...
 
Are cigarettes banned from advertising on the telly in America? If not I expect that to be the very first thing deregulated. Imagine the money Trump Incorporated can make with those backhanders. His family are going to be some seriously uber rich mofos.

I don't get the hate personally, well apart from the obvious. This guy's just playing a confidence trick we all would given the chance. He's just done it at the ultimate level, good on him for tricking a pretty thick country (as it has proven itself to be).
 
Because Trump's cabinet have expressed a willingness to strip down services such as Planned Parenthood because they believe women who get abortions are satanic. When actually abortions make up a small amount of services available at Planned Parenthood, and it's other services such as free contraception, healthcare advice, menstruation equipment, STD testing, pap smears & cancer screenings, adoption services and many more - that are targeted at women and men, and used by those who come from poor or difficult socio-economic backgrounds.

The Trump team havent talked about trying to take away rights from disabled, or people of colour. And because the women's march is cross-sectional meaning it involves women, men, of all races, sexuality, ability, religion etc it becomes a unifying message.

There's nothing ridiculous about it.
Okay, thank you for enlightening me. I didn't know much of that. So the concept behind the March is completely legitimate.

Execution wasn't great though was it? The crowd cheering along with Madonna while one second she says 'F*ck you' to everyone who disagrees with the March and the next second she says 'we must love one another or die' and of course, the comment about blowing up the White House, just after getting the crowd to shout 'Yes we are ready' which was a bit eerie on her part. Why are people cheering on that kind of talk in a March that was meant to express unity in the face of adversity?

And there was that Ashley Judd woman saying things about Trumps appearance and stuff, I thought the whole idea was that they were above that?

Why celebrate the opinions of women who completely contradict what they're meant to stand for? Is it because in reality that's what the masses stand for themselves or is it just because they're celebrities? It's confusing.
 
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Its marginal, there's counter arguments (costs). But generally true that his performance as an investor doesn't rise in any significant way above average. He seemingly went from failure to failure through the 80s and 90s, and then finally hit it with the TV show and licensing (which makes you income while risking no capital) plus his Manhattan properties including the Grand Hyatt (I think, or another hotel close to Grand Central), 'whatever Wall Street', and Trump Tower coming good. He invested in Manhattan, and Manhattan worked out.
It was an index fund so costs would have been less. And it wasn't marginal.
 
Okay, thank you for enlightening me. I didn't know much of that. So the concept behind the March is completely legitimate.

Execution wasn't great though was it? The crowd cheering along with Madonna while one second she says 'F*ck you' to everyone who disagrees with the March and the next second she says 'we must love one another or die' and of course, the comment about blowing up the White House, just after getting the crowd to shout 'Yes we are ready' which was a bit eerie on her part. Why are people cheering on that kind of talk in a March that was meant to express unity in the face of adversity?

And there was that Ashley Judd woman saying things about Trumps appearance and stuff, I thought the whole idea was that they were above that?

Why celebrate the opinions of women who completely contradict what they're meant to stand for? Is it because in reality that's what the masses stand for themselves or is it just because they're celebrities? It's confusing.

Individual actions don't illustrate the whole picture.
Plus on the flip side there were many other celebrities who had great speeches including Bernie Sanders, Angela Davies, America Ferrera, Rowan Blanchard(sp), Janelle Monae, Scarlett Johansson, Kerry Washington and others I could go on
Themes of these speeches include empowering women to seek leadership positions, being active in local politics and any upcoming congress and senate elections, inspiring the kids, unifying message of solidarity among women, men, people of colour etc.

If you look hard enough you will find the great things.
If you stick to headlines you'll find what gets the most clicks - I.E. madonna.
 
It was an index fund so costs would have been less. And it wasn't marginal.

There's still costs, and it assumes he'd fully reinvested all dividends and profits, and never withdrew any for expenses... is there a point to us litigating this? He's an average to above average investor (per results, I still think he's a fecking idiot even in business), definitely not a Sheldon Adelson, to keep it within the same sector.

https://www.bloomberg.com/view/articles/2015-09-03/should-donald-trump-have-indexed-
 
Three executive orders today

  • Out of TPP
  • Slash on American groups contributing to abortion overseas
  • Freeze on Federal hiring except Military
If nothing, he has started delivering on promises to his base.
 
Bloomberg has no idea what his net worth is, I'm pretty sure the reason he hasn't declared his taxes is because he's nowhere near as rich as he says he is.

I don't believe for a second he's beaten the market. No way. Tho yeah, that is my own bias and I can't say it for sure anymore than Bloomberg can say he has $2.9bn.
 
Bloomberg has no idea what his net worth is, I'm pretty sure the reason he hasn't declared his taxes is because he's nowhere near as rich as he says he is.

I don't believe for a second he's beaten the market. No way. Tho yeah, that is my own bias and I can't say it for sure anymore than Bloomberg can say he has $2.9bn.

I probably shouldn't have used the word 'marginal', 'contentious' would've been more appropriate. Made it seem like I had any handle on the detailed figures, and as you said no one has.

Just overall I prefer to oppose the man on items that we can have more certainty on. So unfortunately the claim 'he's a terrible investor' is hard to back-up, as is the claim 'he's a great investor' (and I wish the former were true).
 
Are cigarettes banned from advertising on the telly in America? If not I expect that to be the very first thing deregulated. Imagine the money Trump Incorporated can make with those backhanders. His family are going to be some seriously uber rich mofos.

I don't get the hate personally, well apart from the obvious. This guy's just playing a confidence trick we all would given the chance. He's just done it at the ultimate level, good on him for tricking a pretty thick country (as it has proven itself to be).

But could he do it on a cold Tuesday night in Stoke?
 
Are cigarettes banned from advertising on the telly in America? If not I expect that to be the very first thing deregulated. Imagine the money Trump Incorporated can make with those backhanders. His family are going to be some seriously uber rich mofos.

I don't get the hate personally, well apart from the obvious. This guy's just playing a confidence trick we all would given the chance. He's just done it at the ultimate level, good on him for tricking a pretty thick country (as it has proven itself to be).

I'm not an American, but that's not fair is it? Which country are you from?
 
They have just said on the news that he has told business leaders he is going to reduce regulations. What does that mean exactly and what harm could it do?

Read up about what happened with Enron after deregulation.

In fact there's a great documentary on it called "Enron: The Smartest People In The Room" - I highly recommend it.
 
That crazy person is due to hold another press briefing now, this time with questions. Should be fun.
 
Good point raised by a chap on CNN: What happens of Trump hotel in Istanbul is hijacked by ISIS? Does US army get involved cos it belongs t the President of USA?
 
Read up about what happened with Enron after deregulation.

In fact there's a great documentary on it called "Enron: The Smartest People In The Room" - I highly recommend it.

That one and "Inside Job" are both brilliant.

I especially enjoy the fact that the hugely anti-state and anti socialism guys in the investment banks were the first to call for government intervention when they fecked up.

If only they were as open to government intervention into their profits as they are when it comes to covering their losses.
 
I find disgusting they are making a mockery of his son. His father is a cnut, but a child should always be protected.
 
I don't get the hate personally, well apart from the obvious. This guy's just playing a confidence trick we all would given the chance.
Speak for yourself mate... Would explain why you don't get the hate too.
 
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It was a framed photo of Donald. Lovely.

:lol:

That one and "Inside Job" are both brilliant.

I especially enjoy the fact that the hugely anti-state and anti socialism guys in the investment banks were the first to call for government intervention when they fecked up.

If only they were as open to government intervention into their profits as they are when it comes to covering their losses.

Not seen Inside Job, will have to find that one - thanks.
 


Good news: The punctuality of our trains is 120% today... #alternatefacts

(still owned by Germany and not privatised...)
 
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