"1984" was just a bit early

 

MAGA

 

MAGA

 

For what reason?

 The cruelty is the point?

We no longer have a CFPB.  

Medical debt is the #1 cause of bankruptcy in this country.

Gee, what happened to bringing back all those coal companies?

A coal company owned by one of President Trump's donors, the largest privately owned U.S. coal company, filed for bankruptcy Tuesday.

[...]

[Robert E. Murray, the head of Murray Energy Holdings,] previously spoke out against former President Obama’s clean air regulations, calling Obama “the greatest enemy I’ve ever had in my life.” The coal company head reportedly gave $1 million to a political action committee supporting Trump's agenda in the 2018 election.

  The Hill

That was money ill spent.

Murray Energy says it came to a restructuring support agreement to manage $2.7 billion in debt with lenders who own more than 60 percent of a $1.7 billion loan. The agreement also funds operations to continue operating with $350 million.

Murray has advocated for miners to Trump’s administration, asking it to help the workers in the struggling industry, Bloomberg reported.

I'm pretty sure their donations to Trump were Hail Mary last ditch efforts to stave off bankruptcy. Not even coal company bigwigs really thought coal mining had a future.

Coal firms are struggling, with four other major companies filing for bankruptcy. Murray had cautioned in 2017 that bankruptcy could be on the horizon for his company because of the changing nature of the industry, with natural gas and renewable energy becoming cheaper alternatives to coal, according to Bloomberg.

The company, with 5,000 employees, including 2,400 union members, said it also has an $8 billion bill in liabilities for pensions and benefit plans, Bloomberg reported.

Well, those folks are going to get stiffed, no doubt.  Trump got their money.

...but hey, do what you want...you will anyway.

UPDATE:

The guy from Monopoly shaved his mustache.  Wonder where he stashed his tophat.

Real American heroes

These women and the non-profit are to be lauded, but in a country where an individual can go bankrupt paying medical bills, financial companies can pay a mere fraction of the cost. This is obscene.

...but hey, do what you want...you will anyway.

Trump weighs in on Sears bankruptcy

“Sears has been dying for many years,” Trump told reporters as he departed the White House on Monday to inspect hurricane damage in Florida. “It’s been obviously improperly run for many years and it’s a shame.”

  Bloomberg

He's got a lot of nerve weighing in on anyone's bankruptcy being due to mismanagement since he has declared bankruptcy four times.

But let's look at who was on the Sears board mismanaging it, as Trump would have it:

Steven Mnuchin was a member of Sears’s board from 2005 until December 2016, and before that was a director for K-Mart Corp., which was acquired by Sears in 2005.

Yes, THAT Steven Mnuchin. Donald Trump's Secretary of the Treasury.

...but hey, do what you want...you will anyway.