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Author Topic:   A Fine Tuesday For President Trump
jwhop
Knowflake

Posts: 10893
From: Madeira Beach, FL USA
Registered: Apr 2009

posted November 28, 2017 08:30 PM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
Pocahontas must be suicidal tonight!

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 CFPBís 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 ó 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.

But the White House said the president has clear authority to name an acting director to the agency and quickly announced that Mulvaney would assume the role.
http://thehill.com/policy/finance/362107-court-sides-with-trump-in-consumer-agency-fight

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jwhop
Knowflake

Posts: 10893
From: Madeira Beach, FL USA
Registered: Apr 2009

posted November 28, 2017 08:47 PM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
After President Trump has been in the Oval Office only 10 months!

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 Boardís 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 monthís consumer confidence index already broke records, when the index for October increased to 125.9óthe highest it had been since December 2000.

The latest numbers have defied economistsí expectations, with many predicting that the index would go down to 124 ...........
http://www.breitbart.com/economics/2017/11/28/consumer-confidence-breaks-another-record-hits-17-year-high/

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iQ
Moderator

Posts: 5327
From: Lyra
Registered: Apr 2009

posted November 28, 2017 11:25 PM     Click Here to See the Profile for iQ     Edit/Delete Message   Reply w/Quote
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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Randall
Webmaster

Posts: 88596
From: From a galaxy, far, far away...
Registered: Apr 2009

posted November 28, 2017 11:45 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
Wrong on all counts. Obama is responsible for this growth only by his role in stagnant growth being reversed. Obama's 8,000+ business-strangling regulations stifled economic growth. President Trump's executive orders along with reversing Obama's executive orders released economic growth and bolstered public confidence.

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iQ
Moderator

Posts: 5327
From: Lyra
Registered: Apr 2009

posted December 01, 2017 12:43 PM     Click Here to See the Profile for iQ     Edit/Delete Message   Reply w/Quote
Are you saying each and every Obama Regulation has been de-regulated?

And exactly what Executive Ordinances led to the sudden Macroeconomic Boom?
For example: Is there a sudden scheme for cheaper loans to spur business?
Are interest/debts being waived for small business?
Is there an Ordinance that has cut Capital Gains Tax?
Is there an Ordinance that cuts income tax for Exports?
Any growth in exports AFTER these Ordinances were executed?

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Randall
Webmaster

Posts: 88596
From: From a galaxy, far, far away...
Registered: Apr 2009

posted December 01, 2017 03:48 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
No, not all 8,000 regulations have been eliminated, but most have, and compliance was expensive. Freeing business from those restrictions increased efficiency and productivity, releasing years of stifled growth. Unemployment is at the lowest in 17 years, and consumer confidence is at the highest in 17 years.

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jwhop
Knowflake

Posts: 10893
From: Madeira Beach, FL USA
Registered: Apr 2009

posted December 01, 2017 04:38 PM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
"And exactly what Executive Ordinances led to the sudden Macroeconomic Boom?"

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 Trumpís surprise presidential election, the Wall Street Journal reported.

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

As a result, some of Sorosís 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


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Node
Knowflake

Posts: 3113
From: 2,015 mi East of Truth or Consequences NM
Registered: Apr 2009

posted December 01, 2017 05:56 PM     Click Here to See the Profile for Node     Edit/Delete Message   Reply w/Quote
quote:
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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