Regulation: Like so many bureaucracies, the Obama-era Consumer Financial Protection Bureau, a creation of the Dodd-Frank financial reform bill, began with the very best of intentions. But it has failed to do its job. Following the resignation of CFPB chief Richard Cordray, it´s a good time to consider shutting down the agency altogether. CFPB is often mischaracterized as a "consumer watchdog" in the mainstream media. Consumer attack dog is more like it. Set up to protect consumers from predatory lenders and rogue banks, the CFPB has in fact led to less credit for financially troubled Americans, and is arguably not even legal.
Congress set it up, just like the EPA and the DOE and the DOE(nergy) and etc. They need to shut it down. I expect Trump would happily sign the bill to do so. But we the people have to send conservatives to congress in order to get that done. Not leftards calling themselves pubbies or conservatives.
I would expect that Trump WOULD indeed shut it down and maybe some others, but ... consider the fact that he is up to his neck in his own swamp of liberal democrap advisers that he has made very plain that he totally trusts and relies upon. Including his liberal Manhattan relatives. That HAS to be SOME influence.
It is a slam dunk guarantee that ANYTHING that is a pet project of Sen Warren will be a destructive leftist disaster. This is a perfect example.
This agency needs to be crippled as much as possible by Trump, probably can just not appoint a replacement and leave them to founder, but he cannot eliminate it, AFAIK, since it was created by Congress. Congress needs to write it out of existence.
Climate Change: The green movement has found many things in modern life that cause global warming, but the latest really left us scratching our heads: Trading Bitcoins. At this point it might be easier to ask, is there anything that doesn´t cause global warming? No, it´s not a joke. Just about anything these days (Hat tip: The Daily Caller) even remotely connected to civilization, human flourishing and comfort is, we´re told, a "cause" of global warming. It´s a crucial element of the Global Warming religion, which has only waxed even as real religion has waned. Both Vox and The New Republic point
The number of people filing for unemployment benefits last week came in "unexpectedly" low. Instead of 240,000 claims, there were 236,000, which marked the third week in a row this number has dropped. That´s not a big deal in the grand scheme of things. It´s just one measure, after all, and the differences aren´t huge. Except it adds to a pile of "unexpectedly" good economic reports that have been coming out these days. ADP reported that payrolls "unexpectedly" climbed 190,000 in November, while analysts had predicted 185,000. Consumer confidence "unexpectedly" hit a 17-year high in November. Labor costs "unexpectedly" fell in the third quarter while
Scandals: Among the many troubling revelations to have emerged regarding the FBI these days, one of the worst is finding out that an avowed Trump-hater softened language in a memo to exonerate Hillary Clinton. Let´s rewind the tape a bit. Until August 31, 2016, with the presidential election in full swing, former FBI director James Comey gave the impression that he hadn´t arrived at his decision to let Clinton off the hook until after he had all the facts. But in late August we learned that, in fact, Comey and his team began drafting his get-out-of-jail-free statement for Clinton in April —
Mideast: Despite a firestorm of protests, President Trump says he will recognize Jerusalem as Israel´s capital and eventually move the U.S. embassy there from Tel Aviv. Consider it another Trump promise kept. Presidents of both parties have promised for years to recognize Jerusalem as Israel´s capital. Yet, somehow complications inevitably arose — "Europe" claimed it would "complicate" peace talks, or the Palestinians said it would make peace impossible, or radical Islamists threatened unrest and terrorism by the "Arab Street" in response to the provocation. So no president, Democrat or Republican, ever truly, officially recognized Israel´s capital for what it plainly was: the
Rep. John Conyers, D-Mich., hospitalized for an undefined stress-related illness, announced his retirement after serving more than 50 years in the House. Two other Conyers — a son and a great-nephew — immediately announced plans to vie for the elder Conyers´ seat. The great-nephew said, "His doctor advised him that the rigor of another campaign would be too much for him just in terms of his health." Despite his sudden retirement, Conyers "vehemently" denies all accusations that he ever committed sexual harassment. "My legacy can´t be compromised or diminished in any way by what we are going through now," Conyers said
After weeks of biting their tongues about accusations that Sen. Al Franken groped women, Democratic senators are now lining up to call for his resignation. They clearly have the public on their side, according to the latest IBD/TIPP poll. A few days ago, New York Sen. Kirsten Gillibrand told a reporter that "it´s his decision," when asked whether Franken should resign after half a dozen women accused Franken of groping them. Other Senate Democrats also refused to call for his resignation, even as accusations piled up, instead deferring to a pending ethics investigation. The sudden shift came after a seventh
When you´re the source for "breaking news" but it turns out to be "faking news," you´re in trouble. ABC News "chief investigative correspondent" Brian Ross reported on retired Army Gen. Michael Flynn´s plea deal with special counsel Robert Mueller by claiming that Flynn is "prepared to testify that President Trump, as a candidate, Donald Trump, ordered him, directed him to make contact with the Russians which contradicts all that Donald Trump has said to this point." It was a nuclear explosion. Within minutes, the stock market plunged 350 points. It quickly became clear that was flat-out wrong. Later, ABC News
Clinton Scandal: Americans overwhelmingly support the appointment of a special counsel to investigate the 2010 deal that gave Russia direct control over one-fifth of the U.S.´ uranium, a new IBD/TIPP Poll shows. Of the 50% who said they were following the uranium story closely, 68% said they would like the "Justice Department to appoint a special counsel to investigate the uranium deal with Russia," the poll´s data indicated. The convoluted deal involved a transaction in which Uranium One, a Canadian firm, was acquired by the Russian government-controlled nuclear monopoly Rosatom. But the deal had to be approved by the U.S.
Media Bias: In late November, President Trump suggested a new contest for what he called the "Fake News Trophy." Which news network, he said "is the most dishonest and/or distorted in its political coverage of your favorite President (me)." We took him up on his offer, and the results surprised even us. The IBD/TIPP Poll asked in its December poll "which television outlet is the most and least honest and fair in its coverage of President Trump?" The answer to both questions was … Fox News. The poll found that 27% rated Fox as the most honest and fair in covering Trump, beating
President Trump´s approval rating remained steady this month, with 36% approving of the job he´s doing as president, while 59% disapprove, according to the latest IBD/TIPP Poll. Trump´s favorability rating, however, dropped three points to -22, with 36% viewing his leadership favorably and 58% unfavorably. The proprietary IBD/TIPP Presidential Leadership Index — which combines results from job approval, favorability and leadership questions — dropped 3.3% this month to 38.5. Trump´s average since he took office is 40.8. The December IBD/TIPP includes results from 901 people surveyed nationwide from Nov. 27 to Dec. 4. It has a margin of error of +/-3.3 percentage points. On
Health Reform: The CVS Health bid to buy Aetna will "reshape" health care, or so headlines would have us believe. Actually, it´s a sign that the health care landscape is already being reshaped — by consumers, instead of central planners. Every merger comes with promises that the merger will produce "synergies" and that consumers will ultimately benefit, and CVS Health (CVS) and Aetna (AET) are no exception. "We know we can make health care more affordable and less expensive," is the way CVS Health CEO Larry Merlo put it. Whether the merger lives up to those promises is something the market should determine.
Economy: On Thursday, the Joint Committee on Taxation confirmed that the Senate tax cut bill will boost economic growth and create jobs. Yet Republicans started freaking out that the bill might produce a slight increase in deficits over the next decade. Every independent analysis of the Senate bill now confirms that it is a pro-growth bill. The only question now is how much growth will it produce. The JCT report says that the Senate plan will increase GDP by an average 0.8% over the next decade, and increase the number of jobs by 0.6%. Those might seem like small numbers, but
One of the women who accused Alabama Senate candidate Roy Moore of making advances on her when she was a teen and he a local prosecutor admitted Friday to forging part of the yearbook inscription she offered as proof. Beverly Young Nelson told ABC News she wrote part of the disputed note in her high school yearbook that she and famed attorney Gloria Allred presented as proof the then-30-something Moore sought an inappropriate relationship with her in the late 1970s. Nelson still insisted that Moore wrote most of the message and signed the inscription, but said she made “notes” to
Lindsey Vonn’s road to her final Olympics has encountered some trouble. The American skiing star was treated for a back injury after completing her World Cup Super-G race in St. Moritz, Switzerland on Saturday. Vonn went to the ground after crossing the finish line and observers said she was experiencing extreme pain. She was treated in a nearby house and later limped to a car without speaking to reporters.
I´m pretty much done with the sex scandals. They were fun, but they´re just going to have to carry on without me. If someone broke the law and you can prove it, prosecute him. If someone violated the rules of his organization, eject him. Other than that, if women have forgotten the fine art of slapping a man in the face, there´s not a whole hell of a lot society can do for them. You keep silent for forty years and then ruin a man´s career with an unprovable allegation — and that makes you a hero? Not to me. Look,
Prior to President Donald Trump’s visit to the opening of the Mississippi Civil Rights Museum today, Fox & Friends brought on Trump supporter and former sheriff David Clarke to discuss the president’s appearance. And things got very tense very fast. Right off the bat, co-host Pete Hegseth asked Clarke what he thought about Rep. John Lewis (D-GA), a civil rights icon, deciding not to attend the opening because Trump would be in attendance. Clarke reacted by immediately dismissing Lewis. “John who?” Clarke mocking stated. “John Lewis — he was bloodied on the Selma bridge, Sheriff, when trying to protest voting
MSNBC "Hardball" host Chris Matthews said Thursday night that "the worst you can say about Democrats is that they´re too pure" in light of recent resignation announcements made by Sen. Al Franken (D-Minn.) and Sen. John Conyers (D-Mich.) amid sexual harassment allegations. Franken, 66, on Thursday, announced his intention to resign from the Senate by defiantly stating that some of the eight accusations of sexual misconduct made against him were false while saying he remembered other encounters differently.
Comedian Sarah Silverman addressed the topic of American nationalism during a monologue on her Hulu talk show Thursday night, describing the “visceral reaction” and fear she felt when an old boyfriend of hers hoisted an American flag on his own property. (Snip) “[My sister] was like, ‘Dude, nationalism is innately terrifying for Jews. Think about it: flags, marching, blind allegiance — these things tend to ring a bell for us,’” she said. “Right. Of course. Duh. It made sense. And it made me realize that the things that terrify some people are the same things that give other people great
California Gov. Jerry Brown (D) says President Trump´s stance on climate change demonstrates that he does not appear to fear the "wrath of God" or have any regard for the "existential consequences" of his climate change policies. “I don’t think President Trump has a fear of the Lord, the fear of the wrath of God, which leads one to more humility ... this is such a reckless disregard for the truth and for the existential consequences that can be unleashed,” Brown said in an interview on CBS´s "60 Minutes," which is set to air on Sunday. Brown, who previously studied to become
In ever so lacy, delicate and pious tears-and-flapdoodle language, former President Obama basically suggested President Trump is Hitler. According to the Daily Mail: Barack Obama appeared to compare Donald Trump´s presidency to Hitler´s rise to power during a speech in Chicago on Tuesday. The former president was speaking at an event thrown by the Economic Club of Chicago at a Hilton hotel when he made the remarks. Without mentioning the current president, Obama told the gathered audience of 1,800: ´We have to tend to this garden of democracy or else things could fall apart quickly.
WASHINGTON — Around 5:30 each morning, President Trump wakes and tunes into the television in the White House’s master bedroom. He flips to CNN for news, moves to “Fox & Friends” for comfort and messaging ideas, and sometimes watches MSNBC’s “Morning Joe” because, friends suspect, it fires him up for the day. Energized, infuriated — often a gumbo of both — Mr. Trump grabs his iPhone. Sometimes he tweets while propped on his pillow, according to aides. Other times he tweets from the den next door, watching another television. Less frequently, he makes his way up the hall to the
Thomas B. Edsall, one of the pre-eminent commentators on American politics and elections, has written a piece for the New York Times, provocatively titled “Liberals Need To Take Their Fingers Out of Their Ears.” In it, he argues that the roots of President Trump’s success—and our increasingly bitter politics—should be laid at the feet (to continue with the body-part metaphors) of liberals. “Many Democrats,” he writes, “continue to have little understanding of their own role — often inadvertent, an unintended consequence of well-meaning behavior — in creating the conditions that make conservatives willing to support Trump and the party he
An article in the U.K. Independent entitled "Christians should pray for Prince Charles to be gay, says senior Scottish Reverend" reports on the recent blog post by the Very Reverend Kelvin Holdsworth, provost of St. Mary´s Cathedral of the Scottish Episcopal Church of the Anglican Union. Reverend Holdsworth has issued a public call for prayer that four-year-old Prince George be homosexual and that he one day "find love" with a man rather than a woman. Holdsworth is praying for Queen George I. Reverend Holdsworth is a prominent British pro-homosexuality activist. The fundamental precept of the reverend´s political movement is that
Special Counsel Robert Mueller has sabotaged his own investigation of Russian meddling into the 2016 election. He has only himself to blame for ruining what could have been a credible probe. (Snip) Because Mueller improperly stacked the deck of his special counsel staff with biased crusaders, he transformed what was supposed to be an impartial investigation into an illegitimate and seemingly corrupt one. To restore integrity, Attorney General Jeff Sessions should un-recuse himself from the case for the limited purpose of cleaning up Mueller’s mess. There is no law that prevents the attorney general from doing this. Sessions should remove all of