, Columnist
Wishes, Dreams and Dodd-Frank
Also Jamie Dimon, Chris, the fiduciary rule, a fake tender offer, Wells Fargo, leverage and supervillains.
GSE reform or whatever.
The basic fact of Donald Trump's presidential campaign was that it was a canvas for the projection of wishes. Some of this was Trump's doing -- he took every possible position on many issues, and explicitly told voters that he would "make every dream you ever dreamed of for your country come true" -- but a lot of it wasn't. Trump said, pretty consistently, that he will build a wall to keep out Mexican immigrants. And many of his supporters said: No, come on, he's not building a wall. Peter Thiel and others said that Trump should be taken "seriously but not literally." Taking Trump literally means believing that he'll do what he says. Taking him seriously means believing that he'll do what you want.