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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


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  • (Score: 1) by bobthecimmerian on Friday January 12 2018, @12:23PM (1 child)

    by bobthecimmerian (6834) on Friday January 12 2018, @12:23PM (#621341)

    Democrats were softeron Russia during Soviet times? What kind of revisionist history is that? Did JFK back off during the Cuban missile crisis? Did Eisenhower announce the US was going to beat the Soviet Union to the moon and push Congress to fund it? Did Lyndon Johnson pull troops out of Europe and start a nuclear disarmament? (Republican) Nixon was the one who pulled us out of Vietnam, not a Democrat - granted that was a conflict with North Vietnamese and Chinese communists, not USSR communists.

    I grant that Obama screwed up with respect to Russia by not doing enough to halt the invasion of Crimea or Ukraine. But the rest of your assertion is flat false.

    And the idea that the Democrats funded Trump's opponents is absurd - any evidence? They would have kept every cent they had to give to their crown princess, Hillary. Again, I'm strongly liberal... which means I'm only very loosely allied with Barack Obama, Hillary Clinton, Nancy Pelosi, Harry Reid. They're liberal compared to Republicans for things like abortion rights, gay rights, and equal rights for people that aren't white men. But on economic policy, privacy, regulation of the market, etc... there's not much difference. I don't want to derail the discussion further, but the fact that nobody got prosecuted for mortgage-backed securities fraud is all the evidence you need that Wall Street owned Obama only a hair less than it owns Trump.

  • (Score: 2) by Phoenix666 on Friday January 12 2018, @04:58PM

    by Phoenix666 (552) on Friday January 12 2018, @04:58PM (#621444) Journal

    Nixon did what he did for detente with China to isolate Russia. Reagan was responsible for the massive military buildup that pushed the Soviet Union past the breaking point. They were harder on Russia than the Democrats.

    The idea that the Democrats funded Trump's opponents is absurd, because that is not what I said. I said the Masters of the Universe funded Trump's opponents. You might know them by one of their other monikers like the "1%" or "lizard people" or "Deep State." They are the very few who control the levers of power in our society. For them, there is no "liberal vs. conservative" or "Democrat vs. Republican" or "American vs. Russian." They identify with their counterparts everywhere around the world, not with their supposed countrymen. They patronize the same resorts, they attend the same parties, they go to the same universities. They are the ones who funded Trump's primary opponents, just like they funded Hillary's campaign. They're the ones who control the Congressmen who just voted to give them billions more of our dollars.

    Maybe you don't agree that the 1% are real and that they don't collude to undermine our democracy every day. If that's the case, if the evidence doesn't convince you, if you thought the Occupy Wall Street people were all hapless, delusional fools, then that's fine and we can stop right here.

    If you do think the 1% are real and do constitute an existential threat to democracy, then I invite you to consider that beneath the mean words and harsh sentiments Trump is part of a backlash against what the 1% have been doing. When Occupy was shut down I did say that it was going to be the last time the 1% were politely asked to mend the error of their ways, and it looks like that was right. Now they're being rudely told to mend the error of their ways.

    --
    Washington DC delenda est.