This was posted in the "Trump Pinata" group. A group I have been banned from for pointing out the nonsense:
Obama was in office for 8 years.
Trump was in office for 4 years.
Biden has been in office for 2 years.
So for the last 14 years, 10 years have been Obama/Biden, and 4 years have been Trump.
It's absolutely stupefying that some would attempt to blame Trump for the train derailments and bank failures:
5
Enjoy being online again!
Welcome to the community of good people who base their values on evidence and appreciate civil discourse - the social network you will enjoy.Create your free account
7 comments
Feel free to reply to any comment by clicking the "Reply" button.Regulations matter, if they are in place, and don't if they are removed. 45 removed Dodd-Frank and High Speed Train Safety (which included brakes) so these are his fault. 45 also shut down Obama's Pandemic Response Unit as his first official action. Wrong on all three.
rainmanjr
Level 8
Mar 17, 2023
0
BD66:
Writing a regulation does not stop something bad from happening. Repealing a regulation does not cause something bad to happen. Let's see what Barney Frank (author of the Dodd-Frank legislation) has to say about it.
Frank, who pushed for some of the 2018 changes, doesn’t agree that deregulation of small and midsize banks championed by Trump in 2018 was responsible for the downfall of Signature Bank.
“I don’t think that had any impact,” Frank told Politico. “They hadn’t stopped examining banks.”
According to Politico, Frank “blames Signature’s failure on a panic that began with last year’s cryptocurrency collapse — his bank was one of few that served the industry — compounded by a run triggered by the failure of tech-focused Silicon Valley Bank late last week.”
BD66:
@rainmanjr Repealing unnecessary or overbearing regulations is a huge help, particularly for small businesses. As the government creates more and more regulations, the cost for complying with all of those regulations goes up all the time. As the cost for compliance increases, profitable small companies become unprofitable small companies, and you drive them out of business.
Haha... yeah, they banned me as well after a couple of replies. There's no reasoning with most of those people. Intellectual honesty just isn't in their wheel-house.
Captain_Feelgood
Level 8
Mar 17, 2023
1
America's infrastructure has been decaying for decades with the enthusiastic compliance of both parties. I agree, politicizing this event is stupid, both parties are equally guilty. That's how American politics works these days, something goes wrong, it's the other party's fault! Yawn.
Druvius
Level 8
Mar 17, 2023
1
It's amazing how stupid people are, isn't it? Same thing happened to me recently. I eat plain oatmeal 6 days a week for breakfast, for lunch, I have 3 rice cakes, and for dinner I have large salads without dressing. On Saturdays, however, I'm never home, so for breakfast I have a McDonald's Big Breakfast and get a Bacon, Egg, & Cheese McGriddle for a mid-morning snack. For lunch, I have a super-sized Big Mac meal with extra Mac sauce to dip my fries in. For dinner I get a Double Quarter Pounder meal and get extra mayo and double cheese (it's so much better like that) and a few Apple Pies for dessert. Anyway, last week I go in to get my labs drawn before my doctor visit and my cholesterol is super high. The hilarious part? That dummy thinks it's the meals I'm eating on Saturday that's causing it. Can you believe it? I mean, it's OBVIOUSLY what I eat SIX days a week that's got to be causing it, not what I eat only ONE day. Some people are so fucking stupid it's unbelievable.
ChestRockfield
Level 8
Mar 17, 2023
0
What a horrible comparison.
@Tejas I wouldn't expect a total fucking idiot to be able to see the parallel, even with how obvious it is.
It takes years to build a corporation's stability and reputation. It only takes a few weeks to destroy it. It then takes years to rebuild it.
The same applies to nations. Obama was a builder. Trump a destroyer. Biden is now having to struggle to rebuild America and its reputation
Petter
Level 9
Mar 17, 2023
3
Enjoy being online again!
Welcome to the community of good people who base their values on evidence and appreciate civil discourse - the social network you will enjoy.Create your free account
Share this post
Related Groups More
Trump Pinata
1141 members
Categories
Agnostic does not evaluate or guarantee the accuracy of any content. Read full disclaimer.