Letter: Trump poster boy for the ‘1%’

He wants to repeal the health care act, have fewer bank regulations … keep the minimum wage at current levels.

To the editor:

The Capital News sure got involved with the results of the USA election and why not.

American Election Should be Viewed as a Warning to Canadians, Nov. 11 Kelowna Capital News; West Wing Could Be Renamed the Right Wing, Nov. 16 Kelowna Capital News. http://www.kelownacapnews.com/news/401521065.html

No future president in recent history has all the nasty personality traits that The Donald shows. With a major upswing in American financials and a likely change to the Dodd Frank banking regulations [Dodd-Frank Wall Street Reform and Consumer Protection Act]; it appears to me that Mr. Trump will help the Wall Street banks. Keep in mind that after four bankruptcies of corporations in his empire the banks have helped him restructure his assets for 30 plus years.

George W. Bush was the pitch man for the oil industry. I can remember the good old days when oil was $140 plus a barrel. I can remember when banks set up subprime mortgages. Check out the movie The Big Short to see how these banks got away with the biggest fraud in history. They even got money from the government while millions lost their jobs as well as their houses in many cases.

Donald Trump is not going to help the poor or the middle class. He wants to repeal the health care act, have fewer bank regulations and for sure keep the minimum wage at current levels.

Trump is the poster boy for the so-called 1%. Corporate America is winning. The slogan God Bless America is now ‘God Help America.’

P.S.: The real truth is 97 million eligible voters did not vote in the 2016 election.

Gary Scramstad, Kelowna

 

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