Well, I expected Hillary Clinton to be our next president, so I don't have a photo of Donald Trump to post here. I considered going to one of his rallies when they were scheduled in the Seattle area to take photos, but I didn't want to listen to his insults of the day and fight the crowds.
Since I follow consumer issues, I know that Republicans will cut regulations. That's what they do. Paul Ryan has been talking for years about abolishing the Consumer Financial Protection Bureau, the agency created after the Great Recession of 2008 to protect consumers in financial dealings. They'll also abolish the Affordable Care Act. People will go without health care and some will die as a result.
So, what deregulation does is allow corporations to do what they want. The Volkswagen and Wells Fargo scandals will look small compared to what's coming next.
The bureau is a new small agency. It's barely able to keep up with corporations. The bankers who caused the Great Recession through predatory lending, selling mortgages to consumers who couldn't afford them, then packaging them into toxic investments to sell, are at their fraudulent practices right now. Through nonbanks, businesses such as payday lenders, they're using predatory lending practices in the housing industry again. They also have moved into the financing of cars, again with predatory lending.
So, what to do. Save as much money as you can. Put lots of money in your Emergency Fund. We'll be having a recession soon. If you lose your job, you need a big cushion to help you.
The so called safety net won't be here to help you. Republicans will cut that, too. They hate poor people. Older people, too. More and more older boomers will be living in poverty.
And, if you are already poor, too bad. Millions of people will be losing their jobs, so services will be even tighter. Millions more people will be competing for the few services available to the poor. Homelessness will grow to new heights.
I can't believe the American people voted for Donald Trump. I think something is really wrong. Either Republicans were successful in their voter suppression tactics or the Russians hacked the election in the swing states.
So, good luck everyone. We'll need it. Consumers do poorly under Republicans. It happens over and over again, with history repeating itself. I don't understand why Americans believed Trump's lies. He doesn't know anything about government. He can't keep his promises. And, we're all going to suffer because of it. If you people in the Rust Belt don't think you did well enough under the recovery under President Obama, you're in for a big shock. You ain't seen nothing yet.