A second Trump White House would seek to sharply reduce the power of U.S. financial regulators, according to a review of public documents and interviews with people allied with the former president.
In the wake of the worst economic crisis since the Great Depression, Congress dramatically expanded the U.S. government’s oversight of the financial industry to prevent a repeat of the 2008 global banking meltdown.
Donald Trump would likely renew his efforts to scale back those reforms, if elected, as well as pare protections for small-scale investors and borrowers, and allow companies to raise money with less scrutiny, according to the interviews and proposals from groups positioned to influence a new conservative administration. Reuters spoke with, among others, about a dozen people who have provided advice or been consulted by Trump or his allies.
To people that think capitalism under Biden and capitalism under Trump are the same, it’s not. It’s a choice between regulated capitalism and free for all capitalism.
I wouldn’t describe capitalism under Biden as regulated but it’s certainly more regulated than MAGA capitalism. 😂
Yeah my partner got a cold-call from a scammy company with nothing but terrible reviews and people being scammed out of their SSI/SSDI by this company.
The company is literally endorsed by and partnered with the Social Security Administration and literally all the reviews are about how they lie to you and say you can keep your benefits and then suddenly your benefits are cut.
God if this is “regulated” capitalism then I am fucking Mickey Mouse.
Exactly.
https://www.nytimes.com/interactive/2020/climate/trump-environment-rollbacks-list.html
A partially regulated capitalism that works for the ultra wealthy, and a less partially regulated capitalism that works really hard for the ultra wealthy seem like two rungs on the same ladder, and we’re all at the bottom.
I’m not saying red and blue are identical, they’re not. But from down here the difference between them where they meet isn’t all that clear and everything looks like shades of purple.
How do you move the Overton window? By making sure that they can’t lose to the free for all, no regulation GOP. Then Dems can do more. (Besides that I don’t share your view, you’re pretty much a disguised ‘both side same’ BS.)
By becoming the unhinged leftist they’re saying you are.
Decades of settling for the lesser of two evils put us exactly where we are. Continuing to do the same isn’t going to magically move it back.
Sigh. Because Republicans still win. You can’t move policy left when Republicans still win. And/or have a chance of winning. This is easy. So how do you make sure they don’t win? By voting. JFC this is easy.
“vote for the guy you don’t like, otherwise the guy I don’t like will win.”
Y’all absolutely refuse to adopt policies that are more attractive to left leaning people and have the fucking audacity to tell me I need to vote for your guy?
Demand progressive action, loudly. Then we can talk.
Demand and then vote. JFC. Move the Overton window. Otherwise you’re just an angry old man yelling at a cloud. Ciao.
*Forgot to say you really did expose yourself as “both sides” bs too.