Posted on 05/01/2017 12:53:38 PM PDT by HarleyLady27
President Trumps economic and foreign policy agenda is jaw-dropping in scale, scope and consequence. There are multiple simultaneous aspects to each policy objective; they have been outlined for a long time even before the election victory in November 16.
If you get too far into the weeds the larger picture can be lost. CTH objective is to continue pointing focus toward the larger horizon, and then at specific inflection points to dive into the topic and explain how each moment is connected to the larger strategy.
Today is a big news day where action on multiple policy fronts becomes visible. Heres an interview with Treasury Secretary Steven Mnuchin which notes some of the critical financial angles to economic policy.
An important reference here is the earlier understanding of how then candidate Trump personally put a platform plank of a Modern 21st Century Glass-Stegall banking reform into his economic policy agenda, and why it is important.
(Excerpt) Read more at theconservativetreehouse.com ...
Ping...
Part I Why Congress is not providing President Trump legislation in 2017
Part II What it means when congress is not providing Trump legislation
Part III A possible solution to the larger problem A Prediction.
Part IV DC Lobbyists Admit they control the legislation.
Nice article. Thank you.
When in actuality, the Trump term is only just beginning! They take their direction from the mainstream media too much.
A very, very interesting article. Thanks for posting. HOORAY Sundance.
They have all been an eye opener...and your very welcome...
Thanks for this. I’m saving all 4 parts and I will use it to educate folks.
Is there a link to parts I-IV?
Thank you so much!
Ping. This entire series, linked at the bottom of the article, is such a great analysis. This part V is focused on the corruption of Congress via Wall Street and how it got that way.
Here’s the problem with Glass-Steagall: it was a lie. It was perpetrated on the assumption that banks in the 1920s fed the stock market increase with deposits, which weakened them.
That’s completely wrong. Research by an acquaintance of mine, Eugene White of Rutgers, has shown that banks were LESS likely to fail if they had securities brokerages because they could diversify their assets. Banks MORE likely to fail were the ones not attached to brokerages. Like anything in investing, more diversity, less risk.
So Trump or not, I don’t like doing anything based on a false premise, and the Glass-Steagall was false.
If there are new, different concerns with banks and their investing, that should be the subject of new law, not a dusted off Great Depression law that was done out of Democrat rage.
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