Draining the swamp

[blue32]

;-)

 

[SlyPokerDog]

;-)

Damn, now I do believe Pizzagate.

 

[blue32]

Damn, now I do believe Pizzagate.

The story goes. That picture was just a screen grab, of when his twitter got hacked. He kept his password "password" or so they say AFTER he knew he got hacked, LOL.

 

[SlyPokerDog]

The story goes. That picture was just a screen grab, of when his twitter got hacked. He kept his password "password" or so they say AFTER he knew he got hacked, LOL.

That's a nice story.

 

[blue32]

That's a nice story.

Agreed!

 

[Denny Crane]

Buh bye Barry.

 

[Rastapopoulos]

 

[Denny Crane]

http://www.politico.com/story/2016/12/trump-treasury-foreclosed-homes-mnuchin-232038

Ultimately, Mnuchin’s story, like the housing collapse, doesn’t fit into a simple narrative. While earning the ire of consumer advocates, Mnuchin also brings an understanding of the global mortgage market that Trump will need to complete the unfinished business of the housing recovery. Inside the Beltway, some are cheering his appointment.

...

When the FDIC shut IndyMac down, Mnuchin and his partners swept in to buy what was left, bad loans and all. As was typical at the time, the FDIC agreed to help OneWest cover the cost of the bad assets it inherited, including losses on foreclosed single-family loans.

And the foreclosures came, 36,000 of them by one estimate. So far, losses under the deal have mounted to $4.6 billion. The FDIC has paid the bank $1.2 billion, according to agency data.

That payout has been a lightning rod for OneWest critics, even though the bank and its successors absorbed $3.4 billion in losses that the FDIC didn’t cover.​

Keep bringing the nonsense.

Mnuchin made a whopping $10.9M payout when OneWest was acquired by CIT Bank.

While consumer advocates fight OneWest in the trenches, some inside the Beltway see a glimmer of hope in Mnuchin, an expert in mortgage bonds and structured finance. They say he has the technical know-how to fix mortgage giants Fannie Mae and Freddie Mac, a job Congress and the Obama administration have avoided. Wednesday, he vowed to move quickly on that unfinished business.

“It makes no sense that these are owned by the government and have been controlled by the government for as long as they have,” Mnuchin told Fox Business. “We’ll make sure that when they’re restructured they’re absolutely safe and they don’t get taken over again, but we gotta get them out of government control.”

The comment cheered financial lobbyists and sent the companies’ stock soaring.

“He knows how everything works,” said John Taylor, president and chief executive officer of the nonprofit National Community Reinvestment Coalition. “Given his background, I’d like to be optimistic. The guy’s already made a lot of money. Now it’s time to make sure others share in that prosperity.”​

 

[Denny Crane]

http://www.mcclatchydc.com/news/politics-government/white-house/article24744763.html

Cayman account dogs Jacob Lew, Obama’s treasury pick
President Barack Obama’s pick to head the Treasury Department faces a tough grilling Wednesday from Republicans looking to spotlight his time at Citigroup, the troubled financial institution rescued by taxpayers.

White House Chief of Staff Jacob Lew Abaca Press/MCT


President Barack Obama’s pick to head the Treasury Department faces a tough grilling Wednesday from Republicans looking to spotlight his time at Citigroup, the troubled financial institution rescued by taxpayers.

Jacob “Jack” Lew spent less than two years at Citi, from 2006 to 2008, but his time there has now provided fodder for administration critics. They’re especially focused on Lew’s disclosure filings from 2009 showing he’d been invested in a fund headquartered in the offshore tax haven of the Cayman Islands.


Read more here: http://www.mcclatchydc.com/news/politics-government/white-house/article24744763.html#storylink=cpy

 

[Denny Crane]

Obama and Clinton. Owned by CITI Bank, lock stock and barrel.

 

[Rastapopoulos]

Swamp drained!

 

[Rastapopoulos]

 

[Denny Crane]

http://www.cnsnews.com/news/article...uring-jobs-january-lost-10000-government-jobs

U.S. Gained 5,000 Manufacturing Jobs in January, Lost 10,000 Government Jobs

Over the past year—from January 2016 to January 2017—the United States added 162,000 government jobs, while losing 46,000 manufacturing jobs, according to BLS numbers.

In the one month from December 2016 to January 2017, manufacturing jobs rose from 12,336,000 to 12,341,000—for an increase of 5,000.

At the same time, government jobs dropped from 22,286,000 to 22,276,000—a decline of 10,000.

However, over the past year--from January 2016 to January 2017--the number of people employed in government in the United States climbed from 22,114,000 to 22,276,000—an increase of 162,000.

During the same January-to-January time period, the number of people employed in manufacturing dropped from 12,387,000 to 12,341,000—a decline of 46,000.

 

[Sedatedfork]

Net loss of 5,000 jobs for the month. So extrapolating that out, I can expect after 4 years for Trump to have lost 240,000 jobs! j/k btw for anyone taking me seriously.

 

[Denny Crane]

Net loss of 5,000 jobs for the month. So extrapolating that out, I can expect after 4 years for Trump to have lost 240,000 jobs! j/k btw for anyone taking me seriously.

We gained 225,000 jobs. We gained 5,000 of those as manufacturing ones.

The good news is manufacturing jobs are up and government jobs are down.

The unemployment rate went up because people who were not looking were counted as employed (effectively). Now they're looking, so the workforce is bigger.

225,000 is not good enough, but it's a start.

 

[Denny Crane]

http://www.forbes.com/sites/maggiem...-s-added-227000-jobs-in-january/#293478ff7b76

Job Growth Beats Expectations: U.S. Added 227,000 Jobs In January

Employers in the U.S. added 227,000 non-farm jobs in January, the Bureau of Labor Statistics reported on Friday. The unemployment rate inched up to 4.8%, from 4.7%. Economists were projecting 175,000 jobs added.

The BLS said that job gains occurred in the areas of retail trade, construction, and financial activities.

Peter Tchir, a managing director at Brean Capital, said in a note Friday morning that while the headline number significantly outpaced the official economist consensus, "the 'whisper' seemed to be at least 200,000" on Wall Street. This may have been driven by the stronger-than-expected report from payroll provider ADP, which on Wednesday reported that private payrolls added 246,000 jobs in January.​

 

[Sedatedfork]

We gained 225,000 jobs. We gained 5,000 of those as manufacturing ones.

The good news is manufacturing jobs are up and government jobs are down.

The unemployment rate went up because people who were not looking were counted as employed (effectively). Now they're looking, so the workforce is bigger.

225,000 is not good enough, but it's a start.

If I am reading what you have up above though, the 225,000 jobs was gained between January 2016 and January 2017? Is that right?

Edit: Ok, and now I am looking at your second posted story. Having a tough time reconciling the two, unless the first one was strictly looking at manufacturing jobs and government jobs only, whereas the second was looking at total jobs overall. Maybe that's it. I'm no economist, as you might be able to tell.

 

[MARIS61]

If I am reading what you have up above though, the 225,000 jobs was gained between January 2016 and January 2017? Is that right?

Edit: Ok, and now I am looking at your second posted story. Having a tough time reconciling the two, unless the first one was strictly looking at manufacturing jobs and government jobs only, whereas the second was looking at total jobs overall. Maybe that's it. I'm no economist, as you might be able to tell.

Judging by the time of your post, the reason behind your mental confusion is obvious.

 

[bodyman5000 and 1]

http://www.politico.com/story/2016/12/trump-treasury-foreclosed-homes-mnuchin-232038

Ultimately, Mnuchin’s story, like the housing collapse, doesn’t fit into a simple narrative. While earning the ire of consumer advocates, Mnuchin also brings an understanding of the global mortgage market that Trump will need to complete the unfinished business of the housing recovery. Inside the Beltway, some are cheering his appointment.

...

When the FDIC shut IndyMac down, Mnuchin and his partners swept in to buy what was left, bad loans and all. As was typical at the time, the FDIC agreed to help OneWest cover the cost of the bad assets it inherited, including losses on foreclosed single-family loans.

And the foreclosures came, 36,000 of them by one estimate. So far, losses under the deal have mounted to $4.6 billion. The FDIC has paid the bank $1.2 billion, according to agency data.

That payout has been a lightning rod for OneWest critics, even though the bank and its successors absorbed $3.4 billion in losses that the FDIC didn’t cover.​

Keep bringing the nonsense.

Mnuchin made a whopping $10.9M payout when OneWest was acquired by CIT Bank.

While consumer advocates fight OneWest in the trenches, some inside the Beltway see a glimmer of hope in Mnuchin, an expert in mortgage bonds and structured finance. They say he has the technical know-how to fix mortgage giants Fannie Mae and Freddie Mac, a job Congress and the Obama administration have avoided. Wednesday, he vowed to move quickly on that unfinished business.

“It makes no sense that these are owned by the government and have been controlled by the government for as long as they have,” Mnuchin told Fox Business. “We’ll make sure that when they’re restructured they’re absolutely safe and they don’t get taken over again, but we gotta get them out of government control.”

The comment cheered financial lobbyists and sent the companies’ stock soaring.

“He knows how everything works,” said John Taylor, president and chief executive officer of the nonprofit National Community Reinvestment Coalition. “Given his background, I’d like to be optimistic. The guy’s already made a lot of money. Now it’s time to make sure others share in that prosperity.”​

He's bad because he knows everything. Swamp you know.

Devos is bad because she isn't from the swamp.

I just wish they'd pick one reason to bitch.

 

[Denny Crane]

If I am reading what you have up above though, the 225,000 jobs was gained between January 2016 and January 2017? Is that right?

Edit: Ok, and now I am looking at your second posted story. Having a tough time reconciling the two, unless the first one was strictly looking at manufacturing jobs and government jobs only, whereas the second was looking at total jobs overall. Maybe that's it. I'm no economist, as you might be able to tell.

No, we gained 145,000 jobs Obama's last month. 225,000 Trump's first month. Some will give Obama credit, which is fine. 225,000 isn't good enough.

Manufacturing jobs gained are a fraction of the 225,000. The 225,000 includes the 10,000 government jobs lost.

The point of the story is that manufacturing is coming back and government is shrinking. Both good things.

 

[Rastapopoulos]

 

[Rastapopoulos]

 

[Rastapopoulos]

 

[MARIS61]

The swamp is every politician in office during the campaign last year. That is who needs to go. Reps and Dems alike. Single terms and then out.

 

[riverman]

Draining the swamp unfortunately is just unleashing the creature from the black lagoon onto the public

 

[barfo]

Six White House staffers were removed from the administration on Thursday for failing an FBI background check, according to Politico.

Sources told the publication that the staffers were escorted from the building on Wednesday after they didn’t pass Form SF86, the "Questionnaire for National Security Positions." A successful response to the form is required for a security clearance.

We had to fill the swamp in order to drain the swamp...

barfo

 

[BlazerWookee]

We had to fill the swamp in order to drain the swamp...

barfo

But we have to drain the swamp before we fill the swamp so we know what to fill the swamp with before we drain it.

 

[Rastapopoulos]

 

[Rastapopoulos]

Nine Of Trump's Transition Team Already Lobbyists

 

[Rastapopoulos]

This is amazing, even in these amazing times:




This is what your Trump DOJ is concerned with.