Mulvaney, The Head Of The Consumer Finance Protection Bureau, Is The Wolf Guarding The Henhouse

Ken AshfordClass Warfare, Corporate Greed, Economy & Jobs & Deficit, Occupy Wall Street, Trump & AdministrationLeave a Comment

The man is very Trumpian in his dealings: Mick Mulvaney, the interim director of the Consumer Financial Protection Bureau, told banking industry executives on Tuesday that they should press lawmakers hard to pursue their agenda, and revealed that, as a congressman, he would meet only with lobbyists if they had contributed to his campaign. “We had a hierarchy in my office … Read More

The Wild West Of The West Wing

Ken AshfordBreaking News, Corporate Greed, Crime, L'Affaire Russe, Occupy Wall Street, Republicans, Trump & AdministrationLeave a Comment

It is the first day of March 2018. I wrote a lot of posts yesterday, and I didn’t even it HALF of the things going on. The breaking news that would be major scandals in any other White House. It was insane. Here’s what happened JUST YESTERDAY: Hope Hicks — without question, the aide (family aside) with whom Trump is closest … Read More

CFPB Is All But Committing Malpractice

Ken AshfordClass Warfare, Corporate Greed, Occupy Wall Street, Trump & AdministrationLeave a Comment

Equifax (EFX.N) said in September that hackers stole personal data it had collected on some 143 million Americans. Richard Cordray, then the CFPB director, authorized an investigation that month, said former officials familiar with the probe. But Cordray resigned in November and was replaced by Mulvaney, President Donald Trump’s budget chief, who was once quite vocal about eliminating the agency. … Read More

Speaking Of Sex Scandals…

Ken AshfordCorporate Greed, Godstuff, Republicans, Sex Scandals, Sex/Morality/Family ValuesLeave a Comment

While we wait for the doors to blow wide open on the Trump-Daniels sex scandal (IF they blow open, that is), let’s chew on this: Casino mogul and Republican National Committee (RNC) finance chair Steve Wynn is facing accusations of sexual misconduct, including that he forced a woman to have sex with him in 2005, The Wall Street Journal reported Friday. Wynn, … Read More

The Horrible Tax Bill Is GOP Gift To Themselves [UPDATE: Senate Votes Yes]

Ken AshfordClass Warfare, Congress, Corporate Greed, Economy & Jobs & Deficit, Occupy Wall Street, RepublicansLeave a Comment

Literally: Sen. John Cornyn, R-Texas, inserted language into the final tax bill that would enrich three different constituencies: fossil fuel firms, Republicans’ major campaign donors and a handful of Cornyn’s GOP congressional colleagues including Texas Sen. Ted Cruz and two other Texas lawmakers in the House. Cornyn originally added the language in an amendment to the Senate bill at the … Read More

Disney Buys Most Of Fox

Ken AshfordCorporate Greed, Popular Culture, Right Wing and Inept MediaLeave a Comment

Big entertainment news: The Walt Disney Co. has struck a deal valued at $52.4 billion to acquire much of the Hollywood holdings of 21st Century Fox, the global television and entertainment conglomerate controlled by Rupert Murdoch and his family. The deal occurs against a backdrop of swift changes to the industry’s finances and uncertainty about succession plans at both companies. The … Read More

This Is Not Just A Bad Tax Bill; This Is A Bill That Will Make America Worse In Many Ways

Ken AshfordClass Warfare, Congress, Corporate Greed, Economy & Jobs & Deficit, Occupy Wall Street, Trump & AdministrationLeave a Comment

NY Times: The tax plan has been marketed by President Trump and Republican leaders as a straightforward if enormous rebate for the masses, a $1.5 trillion package of cuts to spur hiring and economic growth. But as the bill has been rushed through Congress with scant debate, its far broader ramifications have come into focus, revealing a catchall legislative creation that could reshape major … Read More

Who Is In Charge Of The Consumer Finance Protection Bureau?

Ken AshfordCongress, Corporate Greed, Courts/Law, Trump & AdministrationLeave a Comment

Richard Cordray. the head of the Consumer Financial Protection Bureau, said that he would be leaving as head of the CFPB at the end of this month. Last Friday, November 24, he sent a letter to President Trump, declaring that he’s officially done leading the federal government’s controversial consumer watchdog agency once the clock strikes midnight. In a separate letter to … Read More

Ivanka Is Either A Fake Or Stupid On Equal Pay

Ken AshfordCorporate Greed, Trump & Administration, Women's IssuesLeave a Comment

A few months ago: #EqualPayDay is a reminder that women deserve equal pay for equal work. We must work to close the gender pay gap! https://t.co/CcwsoBXWdF — Ivanka Trump (@IvankaTrump) April 4, 2017 From TPM: First daughter Ivanka Trump, who made wage equality and workplace protections for women one of her signature issues on the campaign trail and in her … Read More

Breaking: The Senate Health Care Bill Gets Scored

Ken AshfordClass Warfare, Congress, Corporate Greed, Health Care, RepublicansLeave a Comment

The House Bill said 23 million would lose insurance under the House GOP plan to replace Obamacare. Now the Senate version has been scored and it is…. just as bad. The Senate bill to repeal the Affordable Care Act would increase the number of people without health insurance by 22 million by 2026, a figure that is only slightly lower than the 23 … Read More

Meanwhile, Republicans Are Giving America Back To Wall Street

Ken AshfordCorporate Greed, Occupy Wall StreetLeave a Comment

Republicans in the House of Representatives passed the Choice Act yesterday, a sweeping deregulation of the financial sector. It passed 233-186, with no Democratic support. One Republican, Walter Jones of North Carolina, voted no. This bill rolls back or weakens most of the protections put in place since the 2008 financial crisis through President Barack Obama’s Dodd-Frank Act. Though it … Read More

Two Bills Signed Into Law By Trump So Far

Ken AshfordCorporate Greed, Energy and Conservation, Environment & Global Warming & Energy, Trump & AdministrationLeave a Comment

(1) Repeal of the “Disclosure of Payments by Resource Extraction Issuers” Rule. The rule was that oil, gas and mineral companies had to disclose (to the Securities and Exchange Commission) any payments (taxes, royalties, fees, bonuses, etc) given to foreign governments relating to commercial development of oil, natural gas, or minerals. Designed to prevent companies from engaging in corruption with … Read More

Trump’s Carrier Deal Is The Opposite Of Capitalism

Ken AshfordCorporate Greed, Economy & Jobs & Deficit, Trump & AdministrationLeave a Comment

  So a few days ago, President-elect Donald Trump tweets that Carrier is not moving to Mexico and it is keeping jobs here.  He pats himself on the back for delivering on a campaign promise.  Except now we learn the truth: The Carrier deal, brokered by President-elect Donald Trump, may not have saved as many factory jobs as was presented … Read More

Drug Price Gouging

Ken AshfordCorporate GreedLeave a Comment

EpiPens, made by a company called Mylan — are allergy injectors — sold two per pack — that contain epinephrine, a drug used to relax muscles. It can open the airways, and reduce swelling during a severe allergic reaction. Over the years, the price of an EpiPen standard two-pack gradually grew to about $600. The same two-pack cost only about $100 in … Read More

Too Big To Fail Banks Being Pressured

Ken AshfordCorporate Greed, Economy & Jobs & Deficit, Occupy Wall StreetLeave a Comment

Great news: Federal Reserve officials strongly signaled they will toughen big-bank capital requirements even more than they have since the 2008 crisis, a move that will add to the pressure on the largest U.S. banks to consider shrinking. Fed governors Daniel Tarullo and Jerome Powell, in separate public comments on Thursday, said the Fed would require eight of the largest U.S. … Read More