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On first day, Trump signs health care executive order

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By KEN THOMAS and JOSH BOAK

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Shortly after Trump became president, the Department of Housing and Urban Development suspended the Obama administration’s planned reduction of mortgage insurance premium rates, a move that had been intended to make buying a home more affordable.

Trump, friend of the downtrodden, kicks them in the crotch on day one.

Thanks for standing up for the little people, the insurance industry.

8 ( +11 / -3 )

lets see him sign that order that makes Mexico pay for the wall and 45% tariffs on Chinese goods. trade war will cost far more American jobs than Trump could even hope to make

5 ( +7 / -2 )

This cud get scary!

4 ( +4 / -0 )

Short Round: "Hang on lady, we going for a ride!"

This is what it feels like!

5 ( +5 / -0 )

Other issues poised to receive early action include energy, where Trump is likely to undo regulations on oil drilling and coal, and cybersecurity, ...

Trump is already acting like a kid in a candy store; thinking about what he can do with the power he wields. He probably realizes that he has a four-year window to make America into the world which would be most beneficial for himself.

6 ( +6 / -0 )

Thank you, Mr. Trump.

Very pleased to have voted for you,

-4 ( +5 / -9 )

Gut it.

-6 ( +1 / -7 )

https://www.nytimes.com/interactive/2016/11/11/us/politics/what-trump-wants-to-change.html?_r=0

You can go and see the things he has already removed at WhiteHouse.Org.

We need to keep fighting against Trump. Otherwise, we will be ended up like a lost sheep like Germans who followed Hitler. Together we can stop this dictator. Are you in it with me?

0 ( +4 / -4 )

Thanks for standing up for the little people, the insurance industry.

Thanks for preventing another taxpayer bailout when high risk borrowers default by allowing federal insurance to offer its services to more borrowers—thus helping more low- and middle-income buyers access credit.

-4 ( +4 / -8 )

Price of health care going up....check Mortgage costs up....check

What else does he have in store for,the middle class. All the coal miner survivors receiving the black lung benefits---this is your vote!

5 ( +6 / -1 )

Oh, man, this new government is going to be sooooooo much better than the last disastrous mess.

-4 ( +1 / -5 )

Trump, friend of the downtrodden, kicks them in the crotch on day one. Thanks for standing up for the little people, the insurance industry.

Preventing another mortgage industry meltdown is standing up for the downtrodden. The last time the federal government required mortgage companies to give huge numbers of loans to people who cannot pay them back was a disaster that hurt far more people than it helped in the short term.

Trump is already acting like a kid in a candy store;

Yeah - just like Obama when he issued all those executive orders Trump is rescinding. The pen and phone is a beautiful thing. Just waiting for that Supreme Court justice nominee. Hopefully it will cause the Left's head's to explode.

Price of health care going up....check Mortgage costs up....check

Do you still believe that health care costs went down by $2,200 a year? Do you still think that if Americans like their insurance and doctor they can keep them? You've been Grubered.

-6 ( +1 / -7 )

Great news! And about time! Now I'm starting to smile again.

-5 ( +2 / -7 )

The FHA move is surprising. FHA has always been a double edged sword where you can get into a house with a smaller down payment but the added insurance cost sometimes puts the monthly payment out of reach, so you're just lowering one area and increasing it in another.

The fees change over the years and the insurance pool is now well funded and has reserves so the government dropped the fees. Sure, dropping the fees can increase risk but it's about a balance. Just saying, "We shouldn't lower fees because we have to protect consumers" is a general statement that misses the point of the policy, which is to encourage home ownership which is a good thing. More home buyers also means more people paying into the insurance fund.

It's a bit of a head scratcher since there's no emergency in the markets and the net result will be fewer home buyers. I'm not really sure how this became a Day 1 priority. It's probably more about the loans helping minorities who don't vote Republican so they saw an opportunity to keep the money flowing from people they don't really have any interest in serving.

2 ( +3 / -1 )

It's a bit of a head scratcher since there's no emergency in the markets and the net result will be fewer home buyers

How will there possibly be fewer home buyers ? Obama signed the decrease a few days ago and it hadn't even gone into effect .I'm not sure why the new administration took this action as quickly as they did but it looks more of a technical decision to avoid disrupting the mortgage market while given Carson a chance to examine the issue in detail after he is confirmed as HUD Secretary.

-2 ( +1 / -3 )

With the scheduled reduction in the insurance rate the loans would have become more affordable to a new pool of buyers. Remove the reduction, and those buyers who could have entered the market will not be there.

It's not really the end of the world, just odd they would do this, and odd it would be one of the first things they do. Seems like negative advertising for the new administration.

-1 ( +1 / -2 )

Until a national health service is created, you are just wasting eveyrbody's time.

-1 ( +1 / -2 )

Well, this is all true to his campaign promises so nothing special here. The real test will see what he replaces it with. If he removes health coverage for people or prices them out, you can be sure there will be extreme consequences

0 ( +0 / -0 )

Reducing federal spending. Good. That's why he was elected. That helps all American taxpayers.

The old Whitehouse.gov website will show up as an archived website.

Read that there is a new "show us your tax returns" request from President Trump. I think the reason he won't is that we'll find all the years he claimed to be wealthier than he really was. For a public figure, it is important to appear better off than they really are, especially in bad times.

Oh - just saw a short TV clip about President Trumps family home that he grew up in. Sold for $1.26M over the summer. 2500 sqft, 2 stories. Hardly a "silver spoon" house - more like middle class. They weren't poor, but they weren't wealthy either. "Comfortable" would be the term I used, just like many of us here. In some place like Houston or Omaha, that house would be $200K-$250K. Meh.

-2 ( +0 / -2 )

Shortly after Trump became president, the Department of Housing and Urban Development suspended the Obama administration’s planned reduction of mortgage insurance premium rates, a move that had been intended to make buying a home more affordable.

Without that reduction, Trump made purchasing homes just more expensive

-1 ( +0 / -1 )

Oh my...

US Officially Withdraws from TPP: Trump's First True Triumph:

https://www.youtube.com/watch?v=rRpn74a5onI

1 ( +1 / -0 )

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