I've been writing for some time now but today 1/23/17 a Monday I'll never forget where it was almost humanly impossible to keep up with all the events taking place as the sun rose over the Atlantic Ocean and shined on New York, a Trump sun.
Trump becomes America's 45th president on Friday the White House gets gold drapes and the executive orders start coming off Trump's desk. At first, I started to sink when one of the first over the weekend was signed to end the PMI insurance discount on FHA loans which Obama placed on Jan. 9th, a discount of 0.60% on loans for first time home buyers. Which would save a person some $500 per year and help home purchasing grow since rates have risen, I thought the president was like no other certainly with the Goldman Sachs team now in the Trump cabinet. Looking deeper into this we find if the loans go into default the cost gets picked up by the taxpayers. I would have to say at this point in history no more taxpayer bailouts.
Busy week planned with a heavy focus on jobs and national security. Top executives coming in at 9:00 A.M. to talk manufacturing in America.— Donald J. Trump (@realDonaldTrump) January 23, 2017
OK, Monday morning I find myself listening to Press Secretary Sean Spicer at the first official briefing. To sum this up the press is going to have to get use to someone telling the truth, what? that's right as Sean said I'm prepared to be with you folks all day if that what it takes. Well, I think Sean needs a desk in the briefing room instead of a podium. Best Press Secretary to date!
Moving into the afternoon what hits the fan? 'Holy Moly' the TPP gets dumped from Trump's executive order and Wall Street was already heading south at the open. The TPP was a raw deal for America and other countries the backlash was huge. The Donald said he was going to do this and it's done.
Thank you, President Trump
Now the market settles down a bit and closes at 19,799 down 27 points and Europe was down on all exchanges. I'm thinking Wall Street is taking the news well but this was no secret. Then the big one hits which Trump also mentioned before the inauguration there would be a change coming for the UN.
American Sovereignty Restoration Act of 2017
This bill repeals the United Nations Participation Act of 1945 and other specified related laws.
The bill requires: (1) the President to terminate U.S. membership in the United Nations (U.N.), including any organ, specialized agency, commission, or other formally affiliated body; and (2) closure of the U.S. Mission to the United Nations.
The bill prohibits: (1) the authorization of funds for the U.S. assessed or voluntary contribution to the U.N., (2) the authorization of funds for any U.S. contribution to any U.N. military or peacekeeping operation, (3) the expenditure of funds to support the participation of U.S. Armed Forces as part of any U.N. military or peacekeeping operation, (4) U.S. Armed Forces from serving under U.N. command, and (5) diplomatic immunity for U.N. officers or employees.
The bill was quietly introduced on January 3 and was passed on to the House Committee on Foreign Affairs. If approved, the bill would take two years to take effect. Not only a withdrawal from the UN but that the international body remove its headquarters from New York.
We all know the UN was becoming very dark when Saudi Arabia was a sitting chair on the Human Rights Council and all the mixed indifference shining on the U.S. as the UN used as a tool. American taxpayers pay 8 billion to the UN each year and is a 22% supporter. That's going to leave a hole in the UN which many Americans would like seen sown up, don't like the way our government been operating. Quite honestly the U.S. government was growing too dark, this is an exit from evil.
There is a cure for wellness, we simply step into the light where we experience a new science 'The Balance', we're in this together which will bring more value.
rightwiththeship
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