While You Weren’t Looking, Trump Basically Killed Dodd-Frank

This means we'll have a new recession in a few years. Maybe a depression.

While You Weren’t Looking, Trump Basically Killed Dodd-Frank

I've been watching articles about that for a while. The news programs don't mentions it because they get better ratings with the Russia issue.

Of course, few people who voted for the idiot will have any idea what it means.

Donald is busy distracting the media with shiny objects. Meanwhile Paul Ryan and the Heritage Foundation are going Christmas shopping in May.

Quote :

Reversed a rule that would ban gun sales to those deemed “mentally defective” by the government.

You see, I just don't get this. Who benefits?

The gun industry - capitalism wins again.

One is tempted to wonder just how many mental defectives ran out and bought guns.

While so many decisions are thoroughly reprehensible, some others caught my eye.

Rescinded a rule mandating that rising sea levels be considered when building public infrastructure in flood-prone areas. - presumably, just so his developer friends can make a quick buck. But wouldn't even Republican city/state administrations consider sea-level rise for such projects? Oh, I guess they don't, for an appropriate kick-back.

Rolled back school lunch standards championed by Michelle Obama. - only poor peoples' children eat school lunches anyway.

They even tout this.

The Everyday American wrote:

TODAY’S BIG THING: 5 WAYS THE HOUSE HAS HELPED EVERYDAY AMERICANS THIS YEAR


MAIN STREET JOBS & ECONOMIC SECURITY: They brought you a fairer, simpler tax code through the Tax Cuts & Jobs Act and passed legislation that revitalized Main Street by repealing Dodd-Frank (giving relief to community banks that small businesses rely on every day). Additionally they worked to expand skills-based education and development empowering everyday Americans with the right skills to get better-paying jobs.

Fact check here.

PATIENT-CENTERED HEALTH CARE: This year the House repealed and replaced Obamacare with a system that protects people with pre-existing conditions while bringing down costs and expanding choices for families. Unfortunately, their counterparts in the Senate did not succeed in doing the same. Though they did repeal the individual mandate as part of the final tax bill, which was signed into law on December 22, 2017.

Fact check here.

REBUILDING OUR MILITARY: This year the House passed a bill that strengthens the U.S. military, modernizes its equipment, and restores our troops’ readiness. This bill was signed into law on December 12, 2017. Through this legislation, the House provided service members with their biggest pay raise in eight year.

Fact check here.

PEACE OF MIND FOR FAMILIES: The House added more resources to fight the opioid epidemic and passed sweeping reforms to end human trafficking. Additionally, they passed legislation that will increase resources for border security and reform immigration laws in order to better protect law-abiding citizens from criminal aliens. And that’s not all, they also passed legislation that protects life, and will deliver affordable and reliable energy to everyday Americans across our country.

Fact check here.

FIXING WASHINGTON: This year, the House offered record relief from Obama-era red tape passing 16 bills that strike harmful regulations from the books. Additionally, they demanded greater accountability at the VA and for unelected bureaucrats by passing legislation to make any major regulation subject to an up-or-down vote of Congress.

Fact check here.