Speeches

I watched the Trump speech tonight and on CNN it was juxtaposed with the White House correspondence dinner and it was a reminder of what the last election was about. You had part of the 30% of America who are college graduates sitting at a fancy dinner and in with Trump were part of the 70% who did not graduated from college. The first group was dressed in tuxedos eating fine food on fine china while the Trumpers were dressed in jeans and standing in a farm show complex. Group one was composed of top politicians, Hollywood stars and press elites and the other group working stiffs. Since Dodd/Frank the five big banks now have assets of 7 trillion dollars. The remaining 6,500 banks have assets of 8 trillion. The new bank regulations have concentrated the money at the top. Senator Elizabeth Warren is suggesting that we break up the big five and if they want to spread the money around to the 300 million regular citizens, I’m all for that. This will give each of us $25,000 which is nothing to sneeze at. However that is not what she wants. She wants to have the money go to the government and then the politicians decide how it is spread around.