Monday, February 6, 2017

Trump's 'forgotten man' turns out to be Goldman Sachs

Trump's 'forgotten man' turns out to be Goldman Sachs: Distinctly Catholic: The president has staffed his Cabinet and senior staff with no fewer than six alumni of the high-powered Wall Street investment firm.

MGB:_Trump led off by pandering to the Alt Right racist man who thought that the white race was under attack because of illegal immigration, legal immigration of smarter people and the election of a black president.  His early executive orders show this in spades.  That he would eventually get around to enriching those of his own class by ”enabling them to save and invest” was beyond doubt. He might even believe that enriching them helped workers rather than giving them an incentive to make deeper staff cuts, but he is wrong. That he thinks he can get rid of Dodd-Frank or its enabling legislation is quaint, since doing so will invite more lawsuits which he will lose. He is so badly staffed that no one in the White House will tell him what he cannot do. Sadly, repealing Section 1504 is something they can do, apparently with Democratic votes in the Senate. Plutocracy lives globally and takes care of its own.

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