Trump's first executive orders. Seriously, wtf.

[Lightbringer]

The biggest one is that only an hour after becoming elected, he already blocked a bill that would have made it easier for people to buy homes.

What a f***ing hero.

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[video=youtube;NlheojNcnx8]https://www.youtube.com/watch?v=NlheojNcnx8[/video]

 

[uhmusddy]

Long 4 years, it shall be

 

[Pyro NB]

Yea... woooo...

 

[Ciao]

The biggest one is that only an hour after becoming elected, he already blocked a bill that would have made it easier for people to buy homes.

What a f***ing hero.

You must be registered for see links

[video=youtube;NlheojNcnx8]https://www.youtube.com/watch?v=NlheojNcnx8[/video]

it only applies to FHA loans which are a small portion of the existing loan options

 

[Lightbringer]

it only applies to FHA loans which are a small portion of the existing loan options

That doesn't make it any better. It still affects MILLIONS of people.

 

[Ciao]

That doesn't make it any better. It still affects MILLIONS of people.

the cut was on a fraction of a percent so the borrowers monthly premiums went up a whopping $20 - 30
FHA loans are bad because if the borrower defaults on the loan the government has to pay the lender
Defaults on loans was what caused the economic crisis of 2008

edit: there was actually no increase in the amount in monthly payment. it would've been $20 - 30 savings/ mo

 

[Lightbringer]

the cut was on a fraction of a percent so the borrowers monthly premiums went up a whopping $20 - 30
FHA loans are bad because if the borrower defaults on the loan the government has to pay the lender
Defaults on loans was what caused the economic crisis of 2008

The housing crisis was waaaay more complex than just FHA loans. There were a lot of factors to it but one of the major ones was due to banks colluding with a major bond-rating companies to maintain AAA ratings on bonds with no real value and then selling them without revealing their actual value.

And that's just one of the factors at play. Even I don't quite understand the whole extent of it.

But that's beside the point. The point is that Trump's first executive orders are already bad and affect millions of people and this is just within the first few hours of his presidency.

 

[BenjerminGaye]

he backed out of tpp as well.

 

[Wrappering_]

what is Paul Ryan doing there?

 

[Ciao]

The housing crisis was waaaay more complex than just FHA loans. There were a lot of factors to it but one of the major ones was due to banks colluding with a major bond-rating companies to maintain AAA ratings on bonds with no real value and then selling them without revealing their actual value.

And that's just one of the factors at play. Even I don't quite understand the whole extent of it.

But that's beside the point. The point is that Trump's first executive orders are already bad and affect millions of people and this is just within the first few hours of his presidency.

its not bad

 

[Lightbringer]

he backed out of tpp as well.

Well at least there's some good news. But here's the reason why I'm skeptical and what many people speculate is that he will withdraw from the "Trans Pacific Partnership" and then just rename it and maybe tweek a few things; but it will still be TPP with a minor change and a different name. That's what a lot of people expected Hillary to do.

I don't see the Republicans being happy with simply withdrawing from TPP since they have a record of supporting outsourcing policies, and were pretty much the ones who allowed outsourcing of U.S. jobs to begin with.

 

[The Great Second Hokage]

after criticizing obama for "abusing" executive orders for years he does one on the first day?

 

[XxTayxX]

Making America great again :elmo:

 

[Melanin]

America is doomed, this presidency is nothing but a game to him.

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[XxLapizxLazulixX]

im just chillin smoking hookah watching everything slowly burn

 

[Guntah]

Was expecting to see some Order 66 shit.

Well, I'm glad I'm in England.

 

[Lightbringer]

Was expecting to see some Order 66 shit.

Well, I'm glad I'm in England.

Well like Trump said about using nukes, Order 66 is not off the table.

 

[SilverfoxUchiha]

Making America great again :elmo:

And grabbing it by the pu**y :elmo:

 

[GreyWizard93]

Was expecting to see some Order 66 shit.

Well, I'm glad I'm in England.

Yay for us england folk!

 

[JStar King]

What did you expect?