Stories
Slash Boxes
Comments

SoylentNews is people

posted by martyb on Thursday January 11 2018, @02:02AM   Printer-friendly
from the no-comment dept.

The Trump administration has waived part of the punishment for five megabanks whose affiliates were convicted and fined for manipulating global interest rates. One of the Trump administration waivers was granted to Deutsche Bank — which is owed at least $130 million by President Donald Trump and his business empire, and has also been fined for its role in a Russian money laundering scheme.

The waivers were issued in a little-noticed announcement published in the Federal Register during the Christmas holiday week. They come less than two years after then-candidate Trump promised “I'm not going to let Wall Street get away with murder.”

http://www.ibtimes.com/g00/political-capital/trump-administration-waives-punishment-convicted-banks-including-deutsche-which


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 2) by Phoenix666 on Friday January 12 2018, @03:35AM (8 children)

    by Phoenix666 (552) on Friday January 12 2018, @03:35AM (#621242) Journal

    It seems to me Congress is fighting nearly everything Trump wants, too.

    --
    Washington DC delenda est.
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2  
  • (Score: 2) by dry on Friday January 12 2018, @03:44AM (7 children)

    by dry (223) on Friday January 12 2018, @03:44AM (#621246) Journal

    Not as hard as they would have fought Hillary.
    Even better would be to try to fix the whole system in such a way that you could have more choices then the Dark Queen or the Dark Lord, but that is easy to say and very hard to implement.

    • (Score: 2) by Phoenix666 on Friday January 12 2018, @04:39PM

      by Phoenix666 (552) on Friday January 12 2018, @04:39PM (#621436) Journal

      Hillary is one of them. They would have play-fought her. She would have been forced, forced, to go back on her campaign promise of shutting down the Trans-Pacific Partnership. They would have had to, like, totally twist her arm to get the tax package they just passed.

      But, yes, we do need more, better options. It is a big job. Nevertheless, it is a big job we cannot put off anymore. We have to scrap all of DC. We have to scrap the First American Republic. There are good bits from the First Republic to reconstitute in the Second American Republic. The Bill of Rights remains sterling. We need to put sharper teeth in its defense, such that nobody from, say, the NSA should ever again countenance violating it lest they hang the way their colleagues must hang at the conclusion of the First Republic. We need checks and balances to curb corporate power and the influence of wealthy individuals or families. If we don't, then democracy in the Second American Republic will be stillborn. We need a federal government whose departments are distributed around the country, such that nothing like "inside the Beltway thinking" can arise again. We need very strong transparency and ironclad whistleblower provisions such that patriots like Snowden never have to fear holding the powerful to account again.

      --
      Washington DC delenda est.
    • (Score: 1) by fustakrakich on Saturday January 13 2018, @01:41AM (5 children)

      by fustakrakich (6150) on Saturday January 13 2018, @01:41AM (#621637) Journal

      Even better would be to try to fix the whole system in such a way that you could have more choices then the Dark Queen or the Dark Lord

      I suspect those weren't really the only choices you had on your ballot... And before that, there was a choice to nominate other people entirely. I see no problem that can't be corrected by the voters themselves. In fact, they are the only ones to do it.

      --
      La politica e i criminali sono la stessa cosa..
      • (Score: 2) by dry on Saturday January 13 2018, @03:02AM (4 children)

        by dry (223) on Saturday January 13 2018, @03:02AM (#621662) Journal

        I'm not American so didn't have either on my ballot, but it sure seems like the average American only sees those 2 choices. Last election was one I would have thought would have had a record number of 3rd party votes.

        • (Score: 1) by fustakrakich on Sunday January 14 2018, @12:37AM (3 children)

          by fustakrakich (6150) on Sunday January 14 2018, @12:37AM (#622015) Journal

          it sure seems like the average American only sees those 2 choices.

          Yes, they have deep personal issues they refuse to acknowledge. However,it is entirely natural. The same phenomenon is expressed in different forms all around the world. So it's difficult to distinguish Americans from anybody else after you throw out the cultural cruft. I mean, nobody can say Europe, or any other continent is any better off.

          --
          La politica e i criminali sono la stessa cosa..
          • (Score: 2) by dry on Sunday January 14 2018, @08:40AM (2 children)

            by dry (223) on Sunday January 14 2018, @08:40AM (#622125) Journal

            True.
            The difference is the American political system seems to promote a two party system at all levels of government all over your nation.
            Here, with a first past the post system, there are 5 parties in Parliament. In some areas it is party a vs party b. Other area a vs c or the regional a or b vs d. Occasionally a 3 way race and a regional party in Quebec vs everyone else.
            Provinces all vary. Some of the parties are connected to the Federal ones, some are local to the Province. Most are different from each other.
            Municipalities, at least in my part of the country, don't even have political parties. You have to vote for individuals.
            All these elections happen separately.

            • (Score: 1) by fustakrakich on Sunday January 14 2018, @03:55PM (1 child)

              by fustakrakich (6150) on Sunday January 14 2018, @03:55PM (#622192) Journal

              The difference is the American political system seems to promote a two party system at all levels of government all over your nation.

              Yes, and I'm saying that it's a distinction without a difference. The results end up being the same. The real issue is public apathy, and simple lack of respect (and right now a lot of antipathy in the US and Europe). It has the same direct relationship to corruption and poverty everywhere on the globe whether it's through one party or a hundred. The political system itself is a reflection, not the light.

              --
              La politica e i criminali sono la stessa cosa..
              • (Score: 2) by dry on Sunday January 14 2018, @08:16PM

                by dry (223) on Sunday January 14 2018, @08:16PM (#622260) Journal

                OK, thanks for the clarification