Trump's executive orders - healthcare
8 years ago
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- 8 years ago
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The Sub-prime Trump Card: Standing Up To The Banks
Comments (5)Is it any wonder why judges in several states are forcing banks and other lending providers to prove they own the properties in question? Wall Street girds for battle on accounting rules July 02, 2008 NEW YORK/WASHINGTON (Reuters)"In the middle of a credit crisis that only seems to get worse, Wall Street is mustering its lobbying clout to delay tougher accounting rules that would force banks to add $5 trillion to their balance sheets. For years, accounting standards allowed U.S. banks to keep certain loans, such as those linked to risky subprime mortgages, in off-balance sheet vehicles. But members of the Financial Accounting Standards Board (FASB), which sets U.S. accounting rules, have become convinced that approach hid the true risks banks faced from these vehicles, and that standards must be fundamentally altered. Under FASB's current thinking, analysts estimate financial institutions could be forced to book $5 trillion, which would most likely include troubled loans. That would skew capital ratios, force banks to stash away cash to offset their risks, and hit their liquidity at the worst possible time. "These drastic measures are being rushed and could single-handedly erase the efforts of policymakers to provide stability and restore liquidity to our markets," said Brendan Reilly, senior vice president with the Commercial Mortgage Securities Assn. "Any changes must be delayed until all options and consequences are carefully examined," he said. However, under direction of the Securities and Exchange Commission, FASB must revamp the accounting standard, known as FAS 140, by 2009. It could release a proposal on the new rule in the next few months....See MoreIn Case You Thought Trump Has Changed...
Comments (96)Chisue and most others, I share your anxiety. It's just crazy that a man in his position is tweeting on petty things. At least Pence handled the Hamilton event with maturity. Even he must be horrified at DT's childish behavior. What can we do, what can we do? Here's a link to NY Times 12-step plan; even if you don't like every suggestion, maybe 1 or 2 will ring true. Personally, I think it's important to support environmental and civil rights organizations. Even a very small donation sends a message of support. Hope the link works. http://www.nytimes.com/2016/11/17/opinion/a-12-step-program-for-responding-to-president-elect-trump.html...See MoreThank you, President Trump!
Comments (55)drewsmaga, here's a source from the The Bureau of Justice Assistance, the International Association of Chiefs of Police and the US Justice Dept. Some highlights showing the vast differences between how American children and immigrant children are treated. American children are not separated from their parents and locked in cages or rooms with strangers. "It is the policy of this department that officers will be trained to identify and respond effectively to a child, present or not present, whose parent is arrested in order to help minimize potential trauma and support a child’s physical safety and well-being following an arrest." "Second, whenever reasonably possible, a child who may be affected by parental arrest should not be placed in the custody of a law enforcement agency or CWS, but rather be placed temporarily with a caregiver, often the other parent, a close relative, or family friend. Custody provided by law enforcement or CWS may in some instances be the only, if not the best option, particularly when a responsible adult who is able to serve as a caregiver cannot readily be located. But, custody of this type should not be routinely regarded as the only or even the best option. Custody by a law enforcement agency or CWS can have a significant negative emotional impact on a child adding to the trauma of parent-child separation that the arrest may cause and possibly creating an enduring stigmatization" "When it is appropriate and safe to do so, the parent should be given the opportunity to speak to the child, explain what is happening and reassure him or her that arrangements will be made for his or her care and safety. Parents should also be given first consideration to identify someone who they feel would be most suitable and best situated to take care of their child." "Parents have the right to express their preference in where they would like their child to be housed and the person(s) who should provide care and supervision." "Law enforcement agency policy must require that whenever an arrest is made, the existence of an arrestee’s child, whether present or not, be noted in the arrest report along with related documentation that will allow the department and others to monitor the safety and well-being of the child." http://www.theiacp.org/model-policy/wp-content/uploads/sites/6/2017/07/Safeguarding-Children-of-Arrested-Parents-Final_Web_v3.pdf...See MoreWARNING: POLITICAL - Trump & NK
Comments (75)Here's the thing about foreign aid - it's not a charity. It's an investment in the US. People seem to think we spend an immense amount on foreign aid, but we really spend less than 1% of the Federal budget. Beyond genuinely helping people and saving lives, foreign aid directly benefits US security and the economy. Helping to eradicate deadly diseases helps everyone, including US citizens. Helping to stabilize areas helps our own national security, as terrorists thrive in unstable areas. Taking preventative measures can help avoid war and limit the number of refugees. Economically, helping other countries can lead to beneficial trade opportunities. Aiding other countries allows them to grow, become healthier and wealthier, which in turn allows them to become better contributors to the global economy and directly helping us through increased demand for US products. There are many, many benefits. It's a great investment. Some interesting articles: https://www.cnn.com/2017/05/20/opinions/value-of-foreign-aid-to-the-us-chang/index.html https://www.gatesnotes.com/Development/Foreign-Aid-Helps-Americas-Economy https://www.gatesnotes.com/Development/Foreign-Aid-Keeps-Americans-Safe...See More- 8 years agolast modified: 8 years ago
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