Tag: donald trump
Donald Trump is everywhere right now and while we know an awful lot about him, we can’t help but think that we know very little about his family.
Three marriages and five children later, Trump has got quite the family fan club behind him, all of which have their own achievements to boast.
Despite the fact not all of them want to follow in their father’s political footsteps, they are all doing incredibly well for themselves and it is about time someone sung their praises.
Not to mention, if this father-of-five’s promiscuity is anything to go by, there are bound to be a interesting facts lurking in the closet…
Without further ado, it is time to formally introduce you to Donald Jr, Ivanka, Eric, Tiffany and Barron.
Trump’s eldest daughter Ivanka has become a successful businesswoman in her own right. She’s not only the executive vice president of acquisitions and development for her father’s company, but she had a long career as a model before becoming a New York Times best-selling author.
In July 2009, Ivanka changed her name to Yael after she converted to Judaism. The busy mom of 3 loves her new kosher lifestyle admitting that they are pretty observant and thoroughly enjoys the family time they have during the sabbath.
Stunning beauty Ivanka, has also launched her own Ivanka Trump Brand, which includes a jewelry line, a fashion label and a lifestyle collection.
Donald Trump became the presumptive Republican presidential nominee this week, casting a more serious light on the policy proposals he has put forth during the GOP contest. Here’s a quick look at how some of Trump’s economic ideas could broadly affect your finances should he prevail with both voters and Congress (keeping in mind that his plans are likely to evolve as he prepares further policy speeches and chooses his running mate).
Your purchasing power
The hefty tariffs on imports Trump has proposed include many goods we take for granted and don’t have the capacity to produce within our own borders, said Mark Hamrick, Washington bureau chief and senior economic analyst at Bankrate.com. “Certainly agricultural sources in Mexico, they either become more expensive or unavailable,” Hamrick said. “Good luck eating dandelion greens for four months of the year.”
The threat of a 35 percent tax on auto imports from Mexico troubles Sam Stovall, U.S. equity strategist for S&P Global Market Intelligence. “That’s certainly going to hurt, because basically everything is imported, either in U.S. or foreign-made cars,” he said. And tariffs often spark retaliation, affecting U.S. exports as well.
On the other hand, if the tough talk succeeds in wresting concessions from partners, it could improve our trading position, Stovall said.
If Trump’s tariffs were enacted, including a 45 percent levy on Chinese goods, it would badly damage the economy and cost a lot of jobs, said Mark Zandi, chief economist at Moody’s Analytics. And if his tough immigration stance were put in place, Zandi warned, “it would be, to steal a phrase from him, a disaster.”
“If Trump could deport even a fraction of the 11 million immigrants, it would be very disruptive to business,” he said, creating a hole in an important sector of the labor force and removing a lot of consumers from the economy. “If he deported all 11 million, it could lead to a recession. It would be a mess.”
Repatriating foreign earnings and possibly enacting some corporate tax reform, as Trump has discussed, could bolster stocks and benefit investors. Companies have twice as much cash on their books as they did 10 years ago, Stovall noted, and a lot of it is overseas. If they get more favorable tax treatment in the U.S. and bring that money back, they “will have additional money with which to do dividends, do share buybacks, and it could help companies looking to build new plants and equipment.” That, he said, could bring “better performance of the shares of the companies that we’re invested in in our 401(k)s.”
But a repeal of the Affordable Care Act “would do nothing but throw the health-care industry into a tailspin,” Stovall said.
A recent change in the candidate’s views on the minimum wage would affect such industries as retail and restaurants. Trump said earlier that he would not raise the wage but now says he is “open to doing something” with it, though Stovall doesn’t think he would go as far as $15 an hour.
There really is something to the maxim that Wall Street dislikes uncertainty, said Hamrick. It weighs on financial markets and the performance of the economy. “That Trump is unpredictable is quite distasteful for many people trying to price in risk and opportunity,” he said. “Certain businesses are going to be cautious about making investments until they have a bit more clarity, and that includes clarity on how the leadership of the Congress is determined. There’s a lot of cash sloshing around in the system, but it’s not being put to work.”
If a business is booming, the uncertainly is less of a factor, he said. “If you’re a business on the margin, however, and wondering if you should take a risk, you might be more risk-averse.”
The Tax Policy Center, which analyzed Trump’s proposal to reduce marginal rates for individuals and businesses while boosting standard deductions, says the plan would provide an average tax cut of $1.3 million to the top 0.1 percent of earners. It could also mean $9.5 trillion less in federal revenue over its first decade, the Center figures. If huge spending cuts don’t come with it, the group said, it “could increase the national debt by nearly 80% of gross domestic product by 2036, offsetting some or all of the incentive effects of the tax cuts.”
The proposal is in flux, however. Trump told CBNC this week that “when you put out a tax plan, you are going to start negotiating.”
The smartest move you could make right now, amid the election year’s sound and fury, is simply to focus on building your financial future, said Kate Warne, investment strategist at Edward Jones. With so much uncertainty on both the domestic and foreign fronts, that means owning both bonds and stocks, especially international stocks while the dollar is strong, and diversifying both across and within asset classes.
And no matter what the candidates say, remember that the U.S. is running a budget deficit, so you need to prepare for the possibility of higher taxes, Warne said. Investing in tax-free municipal bonds and taking advantage of any tax-deferred accounts, such as IRAs and 401(k)s, is a great way to start.
In short, she advises, pay less attention to the political discourse and more to what you need to do now. Certainly don’t sit on the sidelines, she said. “Stocks don’t wait,” Warne said. “So you shouldn’t wait either.”
John Waters says if you go home with someone and they don’t have any books, don’t sleep with them. The implication here is twofold. One, that your desire will have evaporated upon catching sight of a shelf heavy only with a cactus, a Two and a Half Men box set, and a miniature ceramic gnome opening his coat with the words “Say hello to my little friend” engraved by his feet. Two, that sex is powerful, and should not be shared, as a matter of course, with a person who does not respect literature. That you should not reward bad behaviour, especially with something as magnificent as your naked body in the half light.
Of course there are exceptions. Let’s not forget the “never kissed a Tory” silliness. And there’s nothing less attractive than a person who loves books too much – who fetishises the “written word” and buys that cologne said to smell of “old paper”. Less boner-kill than boner-apocalypse, if you like books so much Alec why don’t you MARRY one, Jesus. But the point holds: use your sex wisely, and dumb people don’t get laid.
In Ohio a couple have started a movement called Vote Trump, Get Dumped. Alongside a selection of his quotes (including “26,000 unreported sexual assaults in the military – only 238 convictions. What did these geniuses expect when they put men & women together?” and “If Hillary Clinton can’t satisfy her husband, what makes her think she can satisfy America?”) they lay out their plan for an anti-Trump sex strike. “To cast a vote for Trump is to agree with his sexist…offensive treatment of women,” they say, asking people to pledge that they won’t “date, sleep with or canoodle with” anyone who supports Donald Trump.
For an Ameriphile like me, the US can appear as moulded plastic, neon, wipe-clean and fabulous. When Obama was elected, we basked in the glory, reflected. So when we see Donald Trump (assumed by many of us initially to be an April Fool of a candidate, a man who looks like two plastic bags caught in a tree through high winds) with a serious shot at the presidency, we wonder what it says about us, and a country that we revere.
People, real people, are voting for him. And others who aren’t continue to love them. Are wives rolling their eyes as husbands explain why a wall must be built along the Mexican border? Staying quiet while the father of their children nods to the necessity of restricting travel on the basis of religion, waiting for ten when he’ll fall asleep in his big chair?
I’ve started searching online for stories of Americans struggling with their partners’ support of Trump. And though his supporters are mainly straight men (half of American women have a “very unfavourable” view of him), there are some who don’t fit the mould. A man called Tee Lee posted a photo of his condo in Trump Tower, with the comment: “As an African American, I have always loved Trump.” He went to bed. The next day he tweeted: “My partner for 6 years has just broken up with me, just because I support Donald Trump and his ideas. #gaysfortrump #gay #sad.” Perhaps his boyfriend was supporting the sex strike.
One problem with the Vote Trump, Get Dumped movement for women, though, is that surely if their partners cared about what they thought, they wouldn’t be behind Trump in the first place. “You have to treat ’em like shit,” he’s reported to have advised a friend.
But could it change things? Really? Sex strikes have a history of, if not working, then at least changing conversations, even though they appear to verify the dull idea of men as entitled to sex, and women as vulnerable vessels whose only power resides in their pants. When sex strikes work – one held in Kenya in 2009, when women protested against political infighting, is said to have led to a stable government within a week – they work in spite of sex. They work because people turn their heads. The media starts to pay attention. Movements like the one in Ohio could be powerful not because they encourage women to withhold sex but because they encourage undecided voters to learn how their potential president feels about women.
Until then, bear in mind that your remarkably effective safe word for use in consensual bedroom liaisons remains “Donald”.