posted November 28, 2017 08:30 PM            

Court sides with Trump in consumer agency fight
Sylvan Lane
11/28/17

A federal judge on Tuesday rejected a lawsuit from an official who claims that she, and not President Trump appointee Mick Mulvaney

Judge Timothy Kelly of the U.S. District Court of the District of Columbia refused to grant Leandra English a restraining order to bar Mulvaney from serving as the CFPB’s acting director.

The ruling from Kelly, a Trump appointee, clears the way for Mulvaney to run the CFPB until a permanent director is sworn in or English successfully appeals the decision.

Trump last week appointed Mulvaney to temporarily lead the CFPB until the lawmakers confirm his pick to replace Richard Cordray, who resigned as the agency's director on Friday.

The president was able to appoint Mulvaney to the role because he was already confirmed by the Senate for another position — director of the Office of Management and Budget.

The legal dispute arose because Cordray, in one of his final acts at the agency, promoted English, his former chief of staff, to the role of deputy director.

Under the agency's line of succession, that would make English acting director upon Cordray's resignation.

posted November 28, 2017 08:47 PM            

Consumer Confidence Breaks Another Record, Hits 17-Year High
Katherine Rodriguez
28 Nov 2017

Consumer confidence in the U.S. is soaring yet again, reaching a 17-year high this month, according to the latest Consumer Confidence Index survey.
The Conference Board’s latest survey of consumer confidence notes that consumer confidence rose to 129.5, its highest point since the index climbed to 132.6 in November 2000.

Last month’s consumer confidence index already broke records, when the index for October increased to 125.9—the highest it had been since December 2000.

posted November 28, 2017 11:25 PM            

Surely there has to be some huge Macro Economic Push for such a boost? In the Economic Theories that are documented since Adam Smith's time, Macroeconomic Booms take 3-4 years to consolidate and then show results.

So all the major gains you see are from Obama's hard work. Unless Trump passed radical new Laws that suddenly created massive Macro-Economic Changes at never before seen levels in Human History, like in 6 months.

I would love to document those genius Laws and pass them on to Indian Political Parties to attain victory in forthcoming elections, showing a "Trump Economic Model" with proven Facts of which Laws worked.

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Astrology Articles

posted December 01, 2017 04:38 PM            

You really don't know a thing about the stock markets.

Markets move on "perceptions". Sometimes on perceptions about what news means for business.

Trump is and was seen as pro business. Trump talked extensively about what he wanted to see in the American economy. When Trump was elected, the stock markets took off.

On the other hand, those who followed your advice to short the markets when Trump was elected, lost their azzes...as I said they would.

Here's one such individual who followed your advice and lost about a $Billion going short...betting against markets going higher. Betting markets would tank. Couldn't have happened to a more deserving leftist lunatic.

Soros Lost Nearly $1 Billion After Trump Election, WSJ Reports
Alan Mirabella
January 12, 2017

George Soros lost nearly $1 billion as a result of the stock-market rally spurred by Donald Trump’s surprise presidential election, the Wall Street Journal reported.

Soros became more bearish immediately after Trump’s election. But the stock market has rallied on expectations that Trump’s policies will boost corporate earnings and the overall economy. The S&P 500 Index has risen 5.6 percent since Trump’s election through yesterday.

As a result, some of Soros’s trading positions incurred losses approaching $1 billion, the Journal said. Soros exited many of his bearish bets late last year, avoiding further losses.
http://www.bloomberg.com/news/articles/2017-01-12/soros-lost-nea rly-1-billion-after-trump-election-wsj-reports

posted December 01, 2017 05:56 PM            

quote:

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Originally posted by iQ:
Good points, can you just tell which Law passed by Trump helped in increasing the economic performance?
Or which Ordinance specifically helped create wealth?
Any Tax Cut passed in Jan or Feb 2017 that boosted the economy and stock market?
Any new Banking Law? Any new investment in Tech by Government of USA under Trump that suddenly created an avalanche of jobs?
Any tax cut on Capital Gains to enable people to invest more in Stocks? Any de-regulation of Fund Flow from abroad to USA? Any elimination of Land Taxes or Land Acquisition Laws for boosting factory growth?

Surely there has to be some huge Macro Economic Push for such a boost? In the Economic Theories that are documented since Adam Smith's time, Macroeconomic Booms take 3-4 years to consolidate and then show results.

So all the major gains you see are from Obama's hard work. Unless Trump passed radical new Laws that suddenly created massive Macro-Economic Changes at never before seen levels in Human History, like in 6 months.

I would love to document those genius Laws and pass them on to Indian Political Parties to attain victory in forthcoming elections, showing a "Trump Economic Model" with proven Facts of which Laws worked.

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