CNN is reporting that Trump has just requested security clearances for his kids. 

Rikkitic:

 

CNN is reporting that Trump has just requested security clearances for his kids. 

 

 

 

Requesting isn't getting, and getting requires lots of things to be passed. If they pass, they are entitled to them, and as his advisors, pretty hard to do their job without them. At the end of the day, just because they are his kids, doesn't mean they can't do their jobs well or have nefarious intentions.

I agree it's a LITTLE bit off, but every candidate was going to make advisor choices that half the world shook their head as a result of.

Family in politics always reek of nepotism. Not good, regardless of qualifications. 

networkn:

 

This is mildly alarming if the worst case scenario plays out. 

 

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11748393 

 

When you're head of the SEC pushing for enforcement and the new boss doesn't care.....you're not doing yourself any favour hanging around. 

If you can't get with the programme, you get out. Good on her for showing she won't go along to get along. 

Can anyone explain to me the economics of Trump's five trillion dollar infrastructure project? How is he going to pay for it? Do they just print more money and make the dollar even more devalued? Do they borrow it from China while blocking imports from that country and slapping tariffs on everything? Where does that money come from when America is already carrying 20 trillion dollars of debt? Or doesn't that  mean anything any more? Is it just numbers and monopoly money?

networkn:

 

Rikkitic:

 

CNN is reporting that Trump has just requested security clearances for his kids. 

 

 

 

 

 

 

Requesting isn't getting, and getting requires lots of things to be passed. If they pass, they are entitled to them, and as his advisors, pretty hard to do their job without them. At the end of the day, just because they are his kids, doesn't mean they can't do their jobs well or have nefarious intentions.

 

I agree it's a LITTLE bit off, but every candidate was going to make advisor choices that half the world shook their head as a result of. 

 

To avoid conflict of interest his kids were to be running his business for him (or so he says). But to have his kids in the transition team and with high level security clearances severely undermines the idea of any separation to avoid conflict of interest. It just moves the conflict to the kids.

Trump doesn't appear to see that, nor do his kids.

When barbarians are in the halls of power....and rules go out the window.  

If you think nespotism is not a problem...

Email sent to journalists by an @IvankaTrump employee, hawking the goods she wore on @60Minutes. pic.twitter.com/aCpNbBBArg

— katie rosman (@katierosman) November 15, 2016

Rikkitic:

 

Can anyone explain to me the economics of Trump's five trillion dollar infrastructure project? How is he going to pay for it? Do they just print more money and make the dollar even more devalued? Do they borrow it from China while blocking imports from that country and slapping tariffs on everything? Where does that money come from when America is already carrying 20 trillion dollars of debt? Or doesn't that  mean anything any more? Is it just numbers and monopoly money?

 

 

 

 

 

$20,000,000,000,000

Shrug, what's a few more zeros gonna matter when you haven't a hope in hell of ever paying it back?

freitasm:

 

networkn:

 

This is mildly alarming if the worst case scenario plays out. 

 

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11748393

 

 

For someone that promised to side with the middle man instead of the elites, you can be sure this move means all bankers, investment companies, brokers will be laughing all the way to the bank.

 

I don't think anyone can be sure about that right now. It looks like he is setting up for that, I agree, but so many things have turned out differently than everyone thought over the past few weeks. 

It's worth noting that EU have very high standards they require when interacting with other financial organizations. Those aren't going away any time soon. In order to continue to transact with the EU, the US will require to continue to meet

specific oversights (Sorry I can't reference them right now). As much as Trump may want to remove them, he will not be able to, without risking trade with Europe. Even UK banks.

Rikkitic:

 

Can anyone explain to me the economics of Trump's five trillion dollar infrastructure project? How is he going to pay for it? Do they just print more money and make the dollar even more devalued? Do they borrow it from China while blocking imports from that country and slapping tariffs on everything? Where does that money come from when America is already carrying 20 trillion dollars of debt? Or doesn't that  mean anything any more? Is it just numbers and monopoly money? 

 

The debt means something if you owe it to another country or person. But when it's just a ledger entry at the Federal Reserve.....well.....no one is going to care if you don't pay it back. 

Banking is all about creating money. 

They have been engaged in "quantitative easing" for years to re-capitalise the 'too-big-to-fail' zombie banks after the GFC. 

They have NO PROBLEM printing trillions of dollars for that purpose. Or for wars. 

No.....creating money isn't the problem. They've been doing it without inflation by gradually reducing the spending power of everyone BUT the 1% at the top....

There is no reason they can't spent any amount of money on infrastructure provided they don't spray the money around with a fire hose. They have to have a lot of poor people who can't buy stuff to avoid driving prices up. 

That's you and me. 

What might make a mess is for the value of oil to fall. With the era of fossil fuels beginning to wane, this is a big threat to the house of cards around the American petro-dollar. Any leader who has tried to undermine the petro-dollar has been dealt with swiftly (Saddam and Ghadaffi) or put behind a wall of banking sanctions imposed under other pretexts (Russia, Iran, Venezuela). 

China gets away with it. China is just too big. 

Oh dear. More from NYT about his wife using the 60 minutes program to hawk her products. Get his kids with security clearance and access and you will see a family that will raise and hold into that office for sometime - unless people make sure their will is followed.

I am still worried this person is not fit for office. Whatever people defending him say, he does not act honourable or in a way that is proper for the position.

Thank you for saying that so well. Now if only someone would listen.

freitasm:

 

Oh dear. More from NYT about his wife using the 60 minutes program to hawk her products. Get his kids with security clearance and access and you will see a family that will raise and hold into that office for sometime - unless people make sure their will is followed.

 

I am still worried this person is not fit for office. Whatever people defending him say, he does not act honourable or in a way that is proper for the position.

 

You don't need to worry if he's fit for office.  He isn't.

As for his delusional idea that "deregulating" Wall Street is needed, I  can think of one huge beneficiary of that deregulation - King Trump I - who's spent several decades in court defending his empire from regulators and his spare time suing people.

Even if he loses the NYC lawsuit accusing him of fraud and racketeering and is eventually impeached, he's set up a nice backup plan to expand his private empire, his "deregulation" kept in place by all the cronies he's appointing.

freitasm:

 

Oh dear. More from NYT about his wife using the 60 minutes program to hawk her products. Get his kids with security clearance and access and you will see a family that will raise and hold into that office for sometime - unless people make sure their will is followed.

 

I am still worried this person is not fit for office. Whatever people defending him say, he does not act honourable or in a way that is proper for the position.

 

I am 6 months older than Donald Trump.

For the last 50 years I have been watching his progress, with increasing fear and loathing.

He is consistent.  A classic amoral egomaniac.

His campaign and his current behavior simply tell us that nothing has changed - we should expect nothing better from the Don.