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Remember when Donald Trump got so excited about the coming 2008 Great Recession, because "I've always made more money in bad markets than good"?


No?

Let Elizabeth Warren remind you!

Well, someone else saw a lot of opportunity in 10 percent unemployment and four million foreclosures per year, and that someone was Donald Trump's pick for Treasury secretary, Steven Mnuchin!

Hold on to your barf bags!

Two years ago, OneWest filed foreclosure papers on the Lakeland, Fla., home of Ossie Lofton, who had taken a reverse mortgage, a loan that supplies cash to elderly homeowners and doesn’t require monthly payments.

After confusion over insurance coverage, a OneWest subsidiary sent Lofton a bill for $423.30. She sent a check for $423. The bank sent another bill, for 30 cents. Lofton, 90, sent a check for three cents. In November 2014, the bank foreclosed.

Oh, in case it wasn't clear, OneWest was Mnuchin's bank, which he bought from the bones of IndyMac, and the federal government gave him billions in FDIC insurance payments and then he foreclosed on that old lady in addition to 36,000 others, everything is wonderful, the end.

[Politico]

Rebecca Schoenkopf

Rebecca Schoenkopf is the owner, publisher, and editrix of Wonkette. She is a nice lady, SHUT UP YUH HUH. She is very tired with this fucking nonsense all of the time, and it would be terrific if you sent money to keep this bitch afloat. She is on maternity leave until 2033.

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Photo: Desmog Blog

The Washington Post reports the Trump administration is on the verge of forming a panel to reconsider the Pentagon and Intelligence community assessment that climate change poses a serious concern for national security. The idea that climate is a national security concern is hardly crazy -- the Pentagon has been warning about the implications of climate change for national defense since the 1990s, and by 2010, the Defense Department was urging that climate change should be considered a major force of destabilization around the world. Hungry people whose crops have dried up may get violent, you know? Or at least pick up and move elsewhere, where they may not be welcome. Similarly, the CIA in 2008 tried to assess the likely effects of climate change on security through 2030.

Of course, now that President ScienceBrain is in office, that's all in the trash, at least in the Oval Office. And this new effort to set up a "Presidential Committee on Climate Security" through an executive order has the potential to erase considerations of climate from national security planning, because the "president" doesn't believe it, and has surrounded himself with other great intellects who reject science too. And hoo boy, get a load of the guy in charge of the whole shebang: William Happer, a laser expert who worked on Reagan's Star Wars antimissile program and, not surprisingly, is not a climate scientist. Instead, he argues that we need a lot more CO2 in the atmosphere, because it's what plants crave.

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Morning Wonketariat! Here's some of the things we may be talking about today.

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