Trump 2024

billy backstay

Backstay, never bought a suit, never went to Vegas

Trump needs to explain his bank deregulation


He may prefer to rant about “witch hunts” and “rigged elections,” but if Donald Trump intends to be a serious candidate in the 2024 presidential election, he needs to address bank deregulation that took place under his watch and set the stage for the 2023 banking crisis, the worst since 2008.

How or why did Congress let him get away with this?????
 

Bus Driver

Bacon Quality Control Specialist
How or why did Congress let him get away with this?????
Um, the Trumpublicans were in on it. From the linked article -

Two months into his presidency, Trump hosted a group of community bankers at the White House and told them he hoped to ease the rules on banks within six months. It didn’t happen quite that fast, but in May of 2018 Congress, controlled by Republicans, passed a law that raised the threshold for the toughest level of supervision from $50 billion in deposits to $250 billion. When Trump signed the bill, he bragged that “the legislation I’m signing today rolls back … crippling regulations that are crushing community banks.”

At the same time, bank regulators including the Fed and the FDIC were easing bank regulations and trying to create friendlier relationships with banks. In September of 2018, four agencies that regulate banks changed their supervisory guidance in ways that, beginning the following year, would effectively make it harder for bank supervisors to raise objections if they saw risky behavior. That December, the Wall Street Journal reported that “banks get kinder, gentler treatment under Trump.”

The two banks that failed this year, SVB and Signature, both fell into the category of banks that enjoyed lighter oversight after the 2018 changes.
 

badlatitude

Soros-backed
33,456
7,192
The phony former Governor of New Jersey thinks his thoughts matter to someone. He's hoping that Trump's indictment will kick him out of the running and he smells blood with DeSantis's missteps. Don't be fooled; he's looking for a place at the nomination table.

Potential Republican candidate Chris Christie vows to never support Trump​

Source: The Guardian

Good morning, US politics readers. Former New Jersey governor Chris Christie has vowed to never throw his support behind presidential candidate Donald Trump again, even if he wins the GOP nomination.

On Wednesday, Axios reported Christie, who pledged his allegiance to Trump during the 2016 presidential election, saying: “I can’t help him. No way.”

Read more: https://www.theguardian.com/us-news...cans-biden-oil-drilling-politics-live-updates
 

Voyageur

Super Anarchist
5,355
1,538
On The Borderline
i-alone-can-fix-it.jpeg

1680107187026.png
 

Go Left

Super Anarchist
5,946
1,038
Seattle
Um, the Trumpublicans were in on it. From the linked article -

Two months into his presidency, Trump hosted a group of community bankers at the White House and told them he hoped to ease the rules on banks within six months. ...

The two banks that failed this year, SVB and Signature, both fell into the category of banks that enjoyed lighter oversight after the 2018 changes.
In the same way that Stormy "enjoyed" getting poked by a mushroom?
 

billy backstay

Backstay, never bought a suit, never went to Vegas

What the media doesn’t understand about Trump’s third presidential campaign​

He’s no longer running for president of the United States​

Robert Reich




Last Saturday, at the first rally of his presidential campaign, in Waco, Texas, Donald Trump talked about the likely criminal cases being prepared against him as if they were being prepared against his supporters.

“They’re not coming after me, they’re coming after you,” he said, predicting that “you will be vindicated and proud.”

The wording was no accident. To Trump, there is no difference between himself and his supporters, and no difference between his supporters and the parts of the United States where they’re the majority.

This is key. Trump views himself, his supporters (whom he calls “my people”), and their domains as one and the same. Anyone who opposes him is “them” — outside the universe of his identity, past the places that embrace him, beyond the borders of his pathological ego.

Trump’s fusion of himself with his supporters galvanizes those who project onto him the power and status they feel they’ve lost in America — people who are mostly white, rural, and without college degrees.

But Trump is not engaging in this fusion as a means of being reelected president. In fact, even if it helps him win the Republican nomination, it will lose him the general election, because it will turn off all Republicans who are focused on real issues or who worry that he’s nuts, and it will cause independents to flee.

The dirty little secret of Trump’s third campaign for president — one that the media has so far ignored — is that he is not seeking to become president of the United States, at least not the United States as it is now organized. He is seeking to become president of a very different nation — overwhelmingly white, straight, Christian, and authoritarian.

The policies Trump promoted in his speech are designed to change America into that nation — featuring, for example, the “largest mass deportation in United States history,” along with efforts to reverse “declining fertility rates” (white-nationalist code for encouraging white couples to have more babies).

***

At his rally last Saturday, Trump claimed that the greatest threat to the United States was “not China or Russia” but the people in the “Department of ‘Injustice,’” and “high-level politicians that work in the U.S. government, like McConnell, Pelosi, Schumer, and Biden.”

When he was president, Trump expressed admiration for Putin and Xi. Presumably, the reason he admires them is that both have fused their personal identities with the identities of their countries (and along the way eliminated all opposition). The greatest threats to Trump’s attempt to accomplish the same in the United States are his domestic opponents, along with Republicans (like Mitch McConnell) who fail to give him full-throttled support.

Similarly, when he spoke last Saturday of “demonic forces” trying to demolish America, he was referring to demonic forces trying to demolish him — and, by implication, his supporters and their America.

For Trump, every major challenge facing America is a major challenge to Trump, and vice versa.

Last Saturday, he called the “weaponization of our justice system” the “central issue of our time.” During last year’s midterms, he tried to make his lies about fraud in his 2020 election defeat the most pressing issue facing the nation.

In his mind, the two are linked. He is now recasting the January 6 attack on the Capitol as an act of patriotism by those who view the 2020 election as illegitimate. The Waco rally even featured singing by men who were imprisoned for their part in the attack. A massive screen flashed images of the January 6 attack while Trump recited the Pledge of Allegiance.

***

He still has not accepted the result of the 2020 election, because it was the product of people who voted against him, and Trump never considered himself president of people who reject him. Following the same sociopathic logic, he will not accept the result of the 2024 election if he is not elected. His mind is incapable of accepting it. The fusion of himself, his followers, and America renders such an outcome impossible, just as the 2020 outcome was impossible.

Yet in fact he will not be elected — unless the U.S. economy is by then in a deep recession, or Joe Biden, the presumptive Democratic nominee, has a serious health problem.

Brace yourselves. We have been here before. It culminated on January 6, 2021. The angry, xenophobic, misogynistic, racist, antisemitic, conspiratorial forces Trump unleashed then are still very much with us. And they are now more entrenched in Congress and state legislatures than they were then. By November 2024, they will be ready for a second attempted coup.

Trump wants and expects a civil war over himself, a final clash between Americans who love him and Americans who loathe him — between his egomaniacal views of good and evil. A civil war is unlikely, but the next year and a half is likely to be fraught — another stress test of American democracy.

Last Saturday was only Trump’s first campaign rally. It will not go up from here

 

bridhb

Super Anarchist
4,400
1,431
Jax, FL

What the media doesn’t understand about Trump’s third presidential campaign​

He’s no longer running for president of the United States​

Robert Reich



Last Saturday, at the first rally of his presidential campaign, in Waco, Texas, Donald Trump talked about the likely criminal cases being prepared against him as if they were being prepared against his supporters.

“They’re not coming after me, they’re coming after you,” he said, predicting that “you will be vindicated and proud.”

The wording was no accident. To Trump, there is no difference between himself and his supporters, and no difference between his supporters and the parts of the United States where they’re the majority.

This is key. Trump views himself, his supporters (whom he calls “my people”), and their domains as one and the same. Anyone who opposes him is “them” — outside the universe of his identity, past the places that embrace him, beyond the borders of his pathological ego.

Trump’s fusion of himself with his supporters galvanizes those who project onto him the power and status they feel they’ve lost in America — people who are mostly white, rural, and without college degrees.

But Trump is not engaging in this fusion as a means of being reelected president. In fact, even if it helps him win the Republican nomination, it will lose him the general election, because it will turn off all Republicans who are focused on real issues or who worry that he’s nuts, and it will cause independents to flee.

The dirty little secret of Trump’s third campaign for president — one that the media has so far ignored — is that he is not seeking to become president of the United States, at least not the United States as it is now organized. He is seeking to become president of a very different nation — overwhelmingly white, straight, Christian, and authoritarian.

The policies Trump promoted in his speech are designed to change America into that nation — featuring, for example, the “largest mass deportation in United States history,” along with efforts to reverse “declining fertility rates” (white-nationalist code for encouraging white couples to have more babies).

***

At his rally last Saturday, Trump claimed that the greatest threat to the United States was “not China or Russia” but the people in the “Department of ‘Injustice,’” and “high-level politicians that work in the U.S. government, like McConnell, Pelosi, Schumer, and Biden.”

When he was president, Trump expressed admiration for Putin and Xi. Presumably, the reason he admires them is that both have fused their personal identities with the identities of their countries (and along the way eliminated all opposition). The greatest threats to Trump’s attempt to accomplish the same in the United States are his domestic opponents, along with Republicans (like Mitch McConnell) who fail to give him full-throttled support.

Similarly, when he spoke last Saturday of “demonic forces” trying to demolish America, he was referring to demonic forces trying to demolish him — and, by implication, his supporters and their America.

For Trump, every major challenge facing America is a major challenge to Trump, and vice versa.

Last Saturday, he called the “weaponization of our justice system” the “central issue of our time.” During last year’s midterms, he tried to make his lies about fraud in his 2020 election defeat the most pressing issue facing the nation.

In his mind, the two are linked. He is now recasting the January 6 attack on the Capitol as an act of patriotism by those who view the 2020 election as illegitimate. The Waco rally even featured singing by men who were imprisoned for their part in the attack. A massive screen flashed images of the January 6 attack while Trump recited the Pledge of Allegiance.

***

He still has not accepted the result of the 2020 election, because it was the product of people who voted against him, and Trump never considered himself president of people who reject him. Following the same sociopathic logic, he will not accept the result of the 2024 election if he is not elected. His mind is incapable of accepting it. The fusion of himself, his followers, and America renders such an outcome impossible, just as the 2020 outcome was impossible.

Yet in fact he will not be elected — unless the U.S. economy is by then in a deep recession, or Joe Biden, the presumptive Democratic nominee, has a serious health problem.

Brace yourselves. We have been here before. It culminated on January 6, 2021. The angry, xenophobic, misogynistic, racist, antisemitic, conspiratorial forces Trump unleashed then are still very much with us. And they are now more entrenched in Congress and state legislatures than they were then. By November 2024, they will be ready for a second attempted coup.

Trump wants and expects a civil war over himself, a final clash between Americans who love him and Americans who loathe him — between his egomaniacal views of good and evil. A civil war is unlikely, but the next year and a half is likely to be fraught — another stress test of American democracy.

Last Saturday was only Trump’s first campaign rally. It will not go up from here

Sort of disagree with this. "I think" Trump views his supporters as rubes ready for grifting. Each "rally" and culture war he rages is strategic to get people to send him money. If he accepted the loss, would people still send him money? He made a cool $1.5mil in a weekend on one lie posted on "truth social" about getting arrested. Angry people send him money. Rich people that know he will make policies that benefit himself, and there for them, send him money. He is hitting up both of those groups.

He would never invite the people that attend his rallies to play golf and watch him eat two pieces of chocolate cake at Maralago.
 

billy backstay

Backstay, never bought a suit, never went to Vegas
Sort of disagree with this. "I think" Trump views his supporters as rubes ready for grifting. Each "rally" and culture war he rages is strategic to get people to send him money. If he accepted the loss, would people still send him money? He made a cool $1.5mil in a weekend on one lie posted on "truth social" about getting arrested. Angry people send him money. Rich people that know he will make policies that benefit himself, and there for them, send him money. He is hitting up both of those groups.

He would never invite the people that attend his rallies to play golf and watch him eat two pieces of chocolate cake at Maralago.

Where in that article does it say that Trump views his supporters as other than victims of his grift? Besides the money, he wants them to stage another coup against our Government, in order to muddy the waters and possibly delay his many court proceedings.
 
Top