Dodd Frank is DOA.....
Killing it will be a triumphant victory over liberal fascism.....
Interesting.
I thought Trump supporters hated Wall Street almost as much as they hated Washington, given that the financial industry is the biggest contributor to the sleaze and corruption of Washington.
Agreed.
They're playing both sides in a truly Orwellian way.
They tell people that the Dems and Hillary are in the pocket of Wall Street and [wait for it] they're crushing Wall Street.
The people to whom this message is directed may not know much about Wall Street. Meaning: the specifics of the message don't stick, but a deeper mistrust remains. This is the point of propaganda. To pepper the brain with manufactured scandals, half truths and fake stories, many contradictory in nature. It doesn't matter that Hillary was cleared by Comey, it only matters that the issue was strategically floated. The goal is to penetrate the deep, unconscious associative cortex: Dems = Bad.
If Trump starts imposing tariffs and disrupting the global system, the purchasing power of rust belt Americans will plummet. And we can assume his justice department will not pursue anti-trust legislation, so we will see collusion and mega-mergers go into overdrive. This will also drive up prices.
Here is the problem. When hard working rustbelt Americans start to get crushed by these policies, they will be distracted with the same barrage of manufactured stories and strategically inflated fears, from the Culture War to Terrorism. In 2006 people worried more about "Evil Doers" than the nuclear bomb that was slowly being detonated over the housing and financial markets. One can only imaging what this bulldozer of corruption and propaganda will destroy next.