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djacq

(1,728 posts)
Sun Jul 6, 2025, 07:53 PM Jul 6

President Obama's Executive Order 13690

President Obama's key action to mitigate flood zones was Executive Order 13690, signed on January 30, 2015.

The Federal Flood Risk Management Standard established by EO 13690 was later revoked during the Trump administration but subsequently reinstated by President Biden through an Executive Order on Climate-Related Financial Risk.

It was rescinded by Donald Trump within hours of his assuming office on January 20, 2025.

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DENVERPOPS

(13,003 posts)
3. Well
Sun Jul 6, 2025, 08:41 PM
Jul 6

it's like a Giant game of Whack-a-Mole.............same as with the National Debt, the dem president gets it down, the Republicans Jack it up even higher than their last Republican President.........just check the past 5-6 decades.................

I am just waiting to see what the BOND market does on Monday................

pat_k

(11,477 posts)
11. Appears to be mixed
Mon Jul 7, 2025, 07:27 PM
Jul 7

I think investors are increasingly clueless about how to deal with the 47 regime's insanity.

It seems to me that an entrenched belief that stocks ALWAYS go up over the long haul is keeping the stock market looking relatively ok. And while that relative stability lasts, effects on bonds as "supply" increases to cover borrowing, are somewhat muted. I think what we are seeing is artificial and the reality -- that the 47 regime is actually sabotaging EVERYTHING that drives prosperity -- will bring down the house of cards in a spectacular crash (i.e., He is driving national brain drain, squashing innovation by squashing science, gutting natural disaster risk mitigation, taking dollars from the pockets of the many and thereby squashing spending, gutting the underground economy we are addicted to by driving massive 'self-deportation' to escape kidnap and cruel and unusual punishment in detention, and on and on...).

We can't know the future, and I may be completely off my rocker, but at this point, I would not be a bit surprised to see a massive sell off some time in the next couple years, with the djia dropping below 30,000 over the course of an unprecedented "black week."

DENVERPOPS

(13,003 posts)
13. Great summary Pat
Tue Jul 8, 2025, 01:12 PM
Jul 8

Since forever, I have been saying that Trump's and Republicans grand hurrah, or coup de gras will be crashing the stock market.
Killing off average peoples investments, and most definitely retired peoples retirement funds. Including all the money they have "borrowed" from the Social Security Fund........

Reducing all the common people to Serfs and Peasants......leaving the 1% holding all the money.......

And much like the destruction Trump and Republicans are causing to family owned farms and ranches.... causing them to go bankrupts, the common people will have to liquidate assets like homes they own, etc

And, don't a lot of foreign nations invest in our debt? And the Repubs could go bankrupt and walk away from that debt obligation also?????

COL Mustard

(7,512 posts)
5. Well then the flooding was illegal
Sun Jul 6, 2025, 09:09 PM
Jul 6

Someone should tell the Guadalupe River that it’s in violation. And Abbot needs to be arrested for allowing it to happen.

Martin68

(26,182 posts)
6. I'll never understand why conservatives insist on being allowed to live in flood zones, steep slopes prone to
Sun Jul 6, 2025, 09:30 PM
Jul 6

landslides, and beaches that are vulnerable to hurricanes and storm surges. Some communities have bought up properties in flood zones and turned them into parkland. Conservatives bridle at any suggestion why shouldn't build in ares where their lives and property are guaranteed to eventually be at risk. They are like little kids that resent it when their parents prohibit them from doing something dangerous to themselves and others.

Ol Janx Spirit

(342 posts)
10. Actually it is more that they insist on being allowed to make a boatload of money building...
Mon Jul 7, 2025, 05:28 PM
Jul 7

...housing developments in these dangerous places. And of course, when bad things happen in those places they want the government to be the ones to spend money fixing it for them so they can turn around and make even more money developing them again.

With most things "conservative" these days it is all about profit--everything else be damned. Profit over planet; profit over people; profit over the prophet.

Martin68

(26,182 posts)
12. But many of them also insist on living in those places because they have good views or are close to the beach.
Mon Jul 7, 2025, 09:14 PM
Jul 7

In many cases they rely on federal insurance to repair the damage when they have adverse weather events. Looks like that option is a thing of the past, thanks to their own president. Poetic justice.

leanforward

(1,112 posts)
7. There has been land purchased along the Mississippi
Sun Jul 6, 2025, 10:09 PM
Jul 6

This an old story. There has been land purchases (towns/land) and man-made levy breaks along Ole Miss to lessen the impact of rising water and downstream flow/pressure. Louisiana has an overflow dam that significantly reduces flow and impact on the New Orleans area. Of course, the Corps of Engineers oversees that river.

Renew Deal

(84,276 posts)
9. This is an example of what Maxwell Frost was talking about
Mon Jul 7, 2025, 01:38 PM
Jul 7

Love the fetus, hate the child. They want kids born and then do nothing to protect them throughout their lives.

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