Here Is An Obama Policy Trump Has Not Allowed To Expire

[g5000]

Remember how Trump was going to undo all of Obama's policies?

Yeah, right.

In 2012, several banksters colluded conspired to manipulate LIBOR and thus rip off every human being on the planet who borrows money.

If you read the find print on the back of your mortgage, the amount of interest you pay is determined by the London Interbank Offered Rate (LIBOR).

These pricks at Barclay’s, Citigroup, Deutsche Bank, JPMorgan Chase, and UBS Group ripped off millions of dollars, and fucked over god knows how many borrowers by manipulating LIBOR to their advantage.

This felonious behavior, by law, means these racketeering outfits are banned from managing anyone's retirement savings.

However, Obama gave them a one year waiver. Motherfucker.

Not to be outdone, when that waiver expired last month, Trump gave them a THREE YEAR waiver.

Trump Administration Waives Punishment For Convicted Banks, Including Deutsche — Which Trump Owes Millions

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.”

 

[g5000]

If a darkie steals a loaf of bread, Fox News sends out missives to its piss drinkers to parrot all over the web.

Some banksters steal directly from the pockets of millions upon millions of rubes, and Trump exempts them from the law. Fox News is dead silent.

Nice.

 

[BasicHumanUnit]

You still convinced Trump is business as usual?

Trump "seems" to be somewhat a clever chess player. Sometimes the moves he makes elicit exactly the response he wants.....for his next move.

If he's in the pocket of the Establishment the wall will not get built, tax reform (as Americans want it) will not occur, immigration CERTAINLY won't be hindered etc

 

[CrusaderFrank]

LIBOR Today is 1.55

 

[Flash]

The American people elected Trump to undo as much damage as possible that the worthless asshole Obama inflicted upon the country.

Obama was a disaster in addition to being corrupt and generally a piece of shit.

DOW at 26,000 today, tax cuts on the way, lowest unemployment in decades, businesses giving raises and bonuses, less illegals coming into the country. That is much better of Obama's terrible record of increased poverty, decreased family income, tremendous debt and dismal economic growth.

 

[TemplarKormac]

...

 

[Cellblock2429]

If a darkie steals a loaf of bread, Fox News sends out missives to its piss drinkers to parrot all over the web.

Some banksters steal directly from the pockets of millions upon millions of rubes, and Trump exempts them from the law. Fox News is dead silent.

Nice.

/----/ Next time you need a loan, go to a drug dealer.

 

[g5000]

Gee, the tards don't care Trump is taking care of criminals who robbed them.

Who is surprised at this, really?

 

[g5000]

If a darkie steals a loaf of bread, Fox News sends out missives to its piss drinkers to parrot all over the web.

Some banksters steal directly from the pockets of millions upon millions of rubes, and Trump exempts them from the law. Fox News is dead silent.

Nice.

/----/ Next time you need a loan, go to a drug dealer.

At least drug dealers don't crash the world economy.

We just keep letting the banksters commit their crimes, and give them a slap on the wrist. Gee, I wonder if that will make them stop.

 

[flacaltenn]

Gee, the tards don't care Trump is taking care of criminals who robbed them.

Who is surprised at this, really?

When LIBOR is UNDER 2% -- And comparable domestic indexes aren't far off from that --- the "ripping off" is from the "adders" that banks on loans -- NOT the underlying index.

And WhyTFuck would a Real Estate magnate WANT higher Real Estate loan rates anyways?

Sounds like a typhoon in a bathtub to me..

Bet if you look up the reason -- it probably is more sensible than just relying on a "foreign" exchange lending rate.

 

[miketx]

Remember how Trump was going to undo all of Obama's policies?

Yeah, right.

In 2012, several banksters colluded conspired to manipulate LIBOR and thus rip off every human being on the planet who borrows money.

If you read the find print on the back of your mortgage, the amount of interest you pay is determined by the London Interbank Offered Rate (LIBOR).

These pricks at Barclay’s, Citigroup, Deutsche Bank, JPMorgan Chase, and UBS Group ripped off millions of dollars, and fucked over god knows how many borrowers by manipulating LIBOR to their advantage.

This felonious behavior, by law, means these racketeering outfits are banned from managing anyone's retirement savings.

However, Obama gave them a one year waiver. Motherfucker.

Not to be outdone, when that waiver expired last month, Trump gave them a THREE YEAR waiver.

Trump Administration Waives Punishment For Convicted Banks, Including Deutsche — Which Trump Owes Millions

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.”

Can't undo it all over night, gayputin.

 

[g5000]

Gee, the tards don't care Trump is taking care of criminals who robbed them.

Who is surprised at this, really?

When LIBOR is UNDER 2% -- And comparable domestic indexes aren't far off from that --- the "ripping off" is from the "adders" that banks on loans -- NOT the underlying index.

And WhyTFuck would a Real Estate magnate WANT higher Real Estate loan rates anyways?

Sounds like a typhoon in a bathtub to me..

Bet if you look up the reason -- it probably is more sensible than just relying on a "foreign" exchange lending rate.

Do you even know what the LIBOR scandal was about?

How about the Forex scandal? That's another one which the same banks committed, and which the same banks have received waivers.

 

[g5000]

Remember how Trump was going to undo all of Obama's policies?

Yeah, right.

In 2012, several banksters colluded conspired to manipulate LIBOR and thus rip off every human being on the planet who borrows money.

If you read the find print on the back of your mortgage, the amount of interest you pay is determined by the London Interbank Offered Rate (LIBOR).

These pricks at Barclay’s, Citigroup, Deutsche Bank, JPMorgan Chase, and UBS Group ripped off millions of dollars, and fucked over god knows how many borrowers by manipulating LIBOR to their advantage.

This felonious behavior, by law, means these racketeering outfits are banned from managing anyone's retirement savings.

However, Obama gave them a one year waiver. Motherfucker.

Not to be outdone, when that waiver expired last month, Trump gave them a THREE YEAR waiver.

Trump Administration Waives Punishment For Convicted Banks, Including Deutsche — Which Trump Owes Millions

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.”

Can't undo it all over night, gayputin.

Trump could and should have let the waiver expire.

All he had to do was...nothing.

He went out of his way to extend the racketeers' waivers.

 

[flacaltenn]

Where's the panic? Interest rates determined with a LIBOR basis add anywhere from 20 to 250 basis points to the LIBOR. Roughly 0.20 to 2.50% OVER LIBOR...

Here's the recent history of LIBOR.. Any "manipulation" is in the fucking NOISE compared to the "adders" that the lenders throw on arbitrarily..

 

[g5000]

Where's the panic? Interest rates determined with a LIBOR basis add anywhere from 20 to 250 basis points to the LIBOR. Roughly 0.20 to 2.50% OVER LIBOR...

Here's the recent history of LIBOR.. Any "manipulation" is in the fucking NOISE compared to the "adders" that the lenders throw on arbitrarily..

Way to miss the point.

The criminal racketeers are supposed to be banned from handling investments for retirement. That's the law.

Trump has waived the law for the crooks.

You know...amnesty. You get what amnesty means, right?

 

[flacaltenn]

Gee, the tards don't care Trump is taking care of criminals who robbed them.

Who is surprised at this, really?

When LIBOR is UNDER 2% -- And comparable domestic indexes aren't far off from that --- the "ripping off" is from the "adders" that banks on loans -- NOT the underlying index.

And WhyTFuck would a Real Estate magnate WANT higher Real Estate loan rates anyways?

Sounds like a typhoon in a bathtub to me..

Bet if you look up the reason -- it probably is more sensible than just relying on a "foreign" exchange lending rate.

Do you even know what the LIBOR scandal was about?

How about the Forex scandal? That's another one which the same banks committed, and which the same banks have received waivers.

Yeah. They all equate to skimming that fraction of a penny roundoff on your monthly loan payments. Adds up to HUGE money. But no one customer even notices..

 

[g5000]

Of course Trump waives the law and lets these crooks handle your retirement money.

After all, this is the fraud whose fake university ripped off seniors' entire nest eggs.

 

[yiostheoy]

You still convinced Trump is business as usual?

Trump "seems" to be somewhat a clever chess player. Sometimes the moves he makes elicit exactly the response he wants.....for his next move.

If he's in the pocket of the Establishment the wall will not get built, tax reform (as Americans want it) will not occur, immigration CERTAINLY won't be hindered etc

I seriously doubt that Trump is smart enough to play chess.

Probably not smart enough to play backgammon either.

Maybe checkers -- maybe.

 

[yiostheoy]

You still convinced Trump is business as usual?

Trump "seems" to be somewhat a clever chess player. Sometimes the moves he makes elicit exactly the response he wants.....for his next move.

If he's in the pocket of the Establishment the wall will not get built, tax reform (as Americans want it) will not occur, immigration CERTAINLY won't be hindered etc

It is extremely effeminate to "provoke" somebody.

Girlies do this all the time.

It is not manly.

 

[Siete]

If a darkie steals a loaf of bread, Fox News sends out missives to its piss drinkers to parrot all over the web.

Some banksters steal directly from the pockets of millions upon millions of rubes, and Trump exempts them from the law. Fox News is dead silent.

Nice.

but rubes and fox like it in the ass.