TRUMP'S GOLDMAN SACHS CRONY
Goldman Sachs Bankster “King of the Foreclosures” Treasury
Secretary Steven Mnuchin vows that the Goldman Sachs infested Trump Admin will
hand no-strings massive socialist bailouts to Trump Hotels. Mnuchin says the
welfare will exceed the Bankster-owned Democrat Party’s massive bailout of
Obama crony Jamie Dimon of J P Morgan’s bailout in 2008
Mnuchin Courts Goldman Advisers to Oversee $200 Billion Bailout
to tap executives from Goldman Sachs
Group Inc. and other Wall Street firms to
help oversee more
than $200 billion in
bailout packages that the Trump administration is
proposing to ease the
economic damage of the coronavirus outbreak,
people familiar with the matter
said.
Mnuchin’s team is considering executives with broad experience to
help administer loans to airlines, hotels and other industries suffering as the
virus shuts down parts of the economy, the people said. The government is also
considering taking equity stakes in some companies in exchange for aid, a
program that financiers and bankers could administer.
Spokesmen for the Treasury didn’t reply to a request for comment. Goldman
declined to comment.
The White House and Democrats are negotiating with Senate Republicans
over a GOP draft stimulus bill that would create the bailout program. Senate
Majority Leader Mitch McConnell has said he’d like to hold a vote on Monday.
During the last global financial crisis more than a decade ago,
Treasury secretaries Hank Paulson and Tim Geithner brought in additional staff,
including prominent Wall Street figures, to help manage the bailouts of U.S.
banks and auto companies.
Fed Expertise
Mnuchin is also looking for expert guidance as the Treasury
Department works closely with the Federal Reserve. Mnuchin this week authorized
the Fed to launch four separate emergency lending programs to keep cash flowing
into the U.S. economy.
The Fed is expected to launch more crisis-level programs that will
require authorization and help from the Treasury Department, which would have
to group individual companies in travel-related industries together to make
them eligible for Fed assistance. President Donald Trump has already singled
out Boeing Co. as needing government assistance in some form.
Mnuchin’s Treasury Department is short-staffed. It
has more than half a dozen vacancies in its senior political ranks. The
domestic finance department, which oversees the $16 trillion Treasuries
market amd the Financial Stability Oversight Board, has no undersecretary.
Deputy Secretary Justin Muzinich has been overseeing the unit
since June when Craig Phillips departed as a counselor. Muzinich is also
serving as acting undersecretary of the Treasury’s sanctions unit.
‘Government
Sachs’ Reunites When Mnuchin Dines With Goldman Pals
By
Goldman Sachs Group Inc. and
governments
worldwide have a long history of swapping senior
leaders, earning
the bank the nickname
“Government Sachs.” But the firm often takes
pains not to
look too chummy with its friends in
high places.
That’s why some Goldman veterans said they were surprised last
month when Treasury Secretary Mnuchin, who has led the administration’s efforts
to reshape financial regulation, attended the firm’s annual dinner for retired
partners in New York’s Hudson Yards. While sitting in public office, especially
in positions that allow them to oversee Wall Street, former executives have
tended to avoid the soiree.
Mnuchin requested clearance to attend the dinner and received it,
according to a spokesman for the Treasury Department, who said he was there in
a personal capacity. A Goldman Sachs spokesman declined to comment.
The Goldman alumni dinner is less a college reunion and more a way
to maintain ties between executives who’ve moved on to some of the most
powerful spots in banking, private equity, hedge funds and government.
Mnuchin, who left the firm in 2002, was one of the dinner guests who’ve helped shape American policy in the 21st Century. Paulson was Treasury Secretary at the depths of the financial crisis, Corzine was a U.S. Senator and governor of New Jersey, and Cohn was the first director of President Donald Trump’s National Economic Council. They were joined by Solomon, the bank’s chief executive officer, and Lloyd Blankfein, his predecessor.
Sanders and Elizabeth Warren, both senators, are among the
Democratic presidential candidates who have criticized the bank. Trump
recruited the firm’s veterans for his administration even after one of his 2016
campaign ads showed Blankfein’s face as the candidate’s voice warned about a corrupt
global power machine.
TRUMP’S TAX BILL:
A massive tax cut for his plundering Goldman Sachs infested
administration.
Obamanomics: How Barack Obama Is Bankrupting You and Enriching His
Wall Street Friends, Corporate Lobbyists, and Union Bosses
BY TIMOTHY P CARNEY
Editorial Reviews: Obama Is Making You Poorer—But Who’s
Getting Rich?
Goldman Sachs,
GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama
was supposed to chase from the temple—are profiting handsomely from Obama’s Big
Government policies that crush taxpayers, small businesses, and consumers.
In Obamanomics, investigative reporter Timothy P. Carney digs up
the dirt the mainstream media ignores and the White House wishes you wouldn’t
see. Rather than Hope and Change, Obama is delivering corporate socialism to
America, all while claiming he’s battling corporate America. It’s corporate
welfare and regulatory robbery—it’s Obamanomics.
Gary Cohn: ‘I Am a
Globalist
— I Believe We Live in a
Globalized World’
18 Dec 2018211
0:54
Former President Donald Trump economic adviser and
former Goldman Sachs COO Gary Cohn, when asked
Tuesday on CBS’s “This Morning” about Trump calling him
a “globalist” and if it was an anti-Semitic remark,
proudly proclaimed himself as a globalist.
“I’m
absolutely not offended by the term ‘globalist’ as I am a
globalist,”
Cohn stated. “I believe we live in a globalized
world.
I think the United States is an integral part of a
globalized
world. And we have to figure out how to live as a
good
citizen in a globalized earth — so do the Chinese, so do
the
Russians, so do the Middle Eastern countries.”
“We
are globalized. We cannot change that fact,” he
concluded.
CLINTON MAFIA AND THEIR BANKSTERS AT GOLDMAN SACHS
WHO IS TIGHTER WITH THE PLUNDERING BANKSTERS? CLINTON, OBAMA or
TRUMP?
The Clinton White House famously abolished the Glass–Steagall
legislation, which separated commercial and investment banking. The move was
a boon for Wall Street
firms and led to major bank mergers that some analysts say helped contribute to
the 2008 financial crisis.
Bill and Hillary Clinton raked in massive speaking fees from
Goldman Sachs, with CNN documenting a total of at
least $7.7 million in paid speeches to big financial firms, including Goldman
Sachs and UBS. Hillary Clinton made $675,000 from speeches to Goldman Sachs
specifically, and her husband secured more than
$1,550,000 from Goldman speeches. In 2005 alone, Bill Clinton collected over $500,000
from three Goldman Sachs events.
TRY TO SEPARATE THE CLINTON MAFIA AND DONALD TRUMP’S CRIMES FROM
THEIR BANKSTER PAYMASTERS AT GOLDMAN SACHS!
Can’t be done!
NEW YORK —
In the midst of a public relations nightmare, former White House Deputy
National Security Adviser Dina Habib Powell took charge of Goldman Sachs’s
global charitable foundation, helping to resurrect the big bank’s shattered
image after it was implicated in practices that contributed to the financial
crisis of 2007-2008.
GET
THIS BOOK!
Obamanomics:
How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends,
Corporate Lobbyists, and Union Bosses
NEW YORK —
In the midst of a public relations nightmare, former White House Deputy
National Security Adviser Dina Habib Powell took charge of Goldman Sachs’s global
charitable foundation, helping to resurrect the big bank’s shattered image
after it was implicated in practices that contributed to the financial crisis
of 2007-2008.
.
Hillary Clinton is simply the epitome of the rabid self – a
whirlpool of selfishness, greed, and malignance.
It may well be true that Donald Trump has made his greatest
contribution to the nation before even taking office: the
political destruction of Hillary Clinton and her infinitely corrupt
machine. J.R. Dunn
"Hillary
will do anything to distract you from her reckless record and the damage to the
Democratic Party and the America she and The Obama's have created."
WHAT DID THE BANKSTERS KNOW ABOUT OUR ACTOR OBAMA THAT WE DIDN’T
KNOW?
Records show that four out of Obama's top five contributors are
employees of financial industry giants - Goldman Sachs ($571,330), UBS AG
($364,806), JPMorgan Chase ($362,207) and Citigroup ($358,054).
BARACK OBAMA HAS COLLECTED NEARLY TWICE AS MUCH MONEY AS
JOHN McCAIN
BY DAVID SALTONSTALL
DAILY NEWS SENIOR CORRESPONDENT
Wall Street firms have chipped in more than $9 million to Barack
Obama. Zurga/Bloomberg
Wall Street is investing heavily in Barack Obama.
Although the Democratic presidential hopeful has vowed to
raise capital gains and corporate taxes, financial industry bigs have
contributed almost twice as much to Obama as to GOP rival John McCain, a Daily
News analysis of campaign records shows.
“The administration has been pushing hard for a
settlement among state attorneys general, the nation's five
TRY TO SEPARATE THE
CLINTON MAFIA AND DONALD TRUMP’S CRIMES FROM THEIR BANKSTER PAYMASTERS AT
GOLDMAN SACHS!
Can’t be done!
NEW YORK — In the midst of a public relations
nightmare, former White House Deputy National Security Adviser Dina Habib
Powell took charge of Goldman Sachs’s global charitable foundation, helping to
resurrect the big bank’s shattered image after it was implicated in practices
that contributed to the financial crisis of 2007-2008.
*
“Clinton also failed to mention how
he and Hillary cashed in after his presidential tenure to
make themselves multimillionaires, in part by taking tens of
millions in speaking fees from Wall Street bankers.”
TOP EVIL CORPORATIONS LOOTING
AMERICA
Goldman Sachs TRUMP CRONIES – CLINTON CRONIES
JPMorgan Chase OBAMA CRONIES
ExxonMobil
Halliburton BUSH
CRIME FAMILY CRONIES
British American Tobacco
Dow Chemical
DuPont
Bayer
Microsoft
Google CLINTON CRONIES
Facebook OBAMA CRONIES
Amazon
Walmart
HILLARY CLINTON: The woman who fought Barack Obama to be America's
first dictator.
In the days of the Cold
War, the narrative of the arch-reactionaries and anticommunists revolved around
a conspiracy theory according to which the United States had been infiltrated
at the highest levels by agents of the Soviet Union.
In the early 1950s,
Wisconsin Senator Joseph McCarthy led the anti-Soviet campaign, alleging that
Russian spies occupied top positions in the government, in universities, in
Hollywood and even in the military. According to McCarthy, “a conspiracy so
immense and an infamy so black as to dwarf any previous venture in the history
of man” implicated not only the Soviet Union but was also responsible for the
“loss of China” in the 1949 Chinese Revolution.
The “Red Menace” was
the pretext for attacking and delegitimizing all manifestations of social and
political opposition, including the Civil Rights movement, as the work of
“outside agitators” who received their orders from Moscow. It was Martin Dies,
the Democratic congressman from Texas and initiator of the witch-hunting House
Un-American Activities Committee, who declared in his 1940 book The Trojan
Horse in America that Moscow had “envisioned an unusual opportunity to create
racial hatred between the white and Negro citizens of the United States.”
In the late 1950s,
after the heyday of McCarthy, the political thread was taken up by the John
Birch Society, founded in 1958 by Massachusetts businessman Robert Welch, who
notoriously declared that President Dwight D. Eisenhower was a “dedicated,
conscious agent of the Communist conspiracy.”
In 1964, Welch backed
the ultra-right Republican candidate Barry Goldwater, whose failed presidential
campaign was heavily influenced by John Stormer’s book None Dare Call It
Treason. “Will America continue to aid the communist enemy,” Stormer asked, “to
disarm in the face of danger, to bow before communist dictators in every corner
of the earth? The decision is yours.”
Nothing is dead in
politics. The legacy of McCarthyism is now being revived by the campaign led by
the Democratic Party and summed up in a hysterical screed published Wednesday
in the Washington Post by Hillary Clinton, the
self-professed former “Goldwater girl,” under the headline, “Mueller documented
a serious crime against all Americans. Here’s how to respond.”
According to Clinton,
“Our election was corrupted, our democracy assaulted, our sovereignty and
security violated. This is the definitive conclusion of special counsel Robert
S. Mueller III’s report.” The perpetrator again is Russia, which Clinton,
citing the Mueller report, claims has carried out a “sweeping and systematic”
attack on the United States.
The Clinton narrative,
which is the official line of the Democratic Party, is a monumental lie.
Responsibility for Clinton’s defeat in the 2016 elections is attributed
entirely to the operations of Russian bots and “Guccifer 2.0,” the persona of
the individual who supposedly hacked Democratic Party emails. Her campaign, Clinton
writes, was the “target of a Russian plot,” directed by President Vladimir
Putin, who “seeks to weaken our country.”
And what did this new
“conspiracy so immense” actually involve? According to the Mueller report
itself, organizations associated with Russia allegedly spent $100,000 on
Facebook ads. This is 0.12 percent of the $81 million spent by the Democratic
and Republican election campaigns themselves on Facebook ads, in a campaign
dominated by the $5 billion spent by the billionaire backers of the two parties
to buy the election.
As for the release of
Democratic Party emails, even if one accepts the unsubstantiated claim that it
was Russian operatives who turned them over to WikiLeaks, what the emails
revealed were true facts about the operations of Clinton and the Democratic
National Committee (DNC)—facts that the electorate had every right to know.
Among the documents released were Clinton’s speeches to Goldman Sachs and other banks, for
which she was paid hundreds of thousands of dollars. Other leaked emails
exposed the corrupt efforts of the DNC to rig the primaries against Bernie
Sanders.
Clinton lost in the
2016 elections because the Democratic Party, in line with the class interests
it represents, made a calculated decision not to raise any social issues or
make any appeal to the working class in its campaign against Trump. Do Clinton
and company really expect the public to believe that Facebook ads put out by
Russian agents were behind the collapse in voter turnout in working-class areas
of Michigan, Wisconsin and other states?
The victory of the
billionaire demagogue Trump was the result of widespread disillusionment with
the Democratic Party after eight years of the Obama administration, which broke
every campaign promise and exposed as lies the empty prattle about “hope” and
“change.” Obama focused his energies on bailing out Wall Street and shoring
up the wealth of the corporate and financial elite.
In her column, Clinton
goes on to call for an alliance between the Democratic Party and the Republicans.
The situation calls for “clear-eyed patriotism, not reflexive partisanship,”
she writes. She urges Republicans to work with Democrats in an intensified
campaign against Russia—with or without the Trump administration. She writes:
“It’s up to members of both parties to see where that road map [provided by the
Mueller report] leads—to the eventual filing of articles of impeachment, or
not. Either way, the nation’s interests will be best served by putting party
and political considerations aside and being deliberate, fair and fearless.”
Clinton wants a
bipartisan foreign policy that is “fearless” in its aggression against not only
Russia, but also China. “Unless checked, the Russians will interfere again in
2020, and possibly other adversaries, such as China or North Korea, will as
well,” she warns. Unless Trump is “held accountable, the president will likely
redouble his efforts to advance Putin’s agenda, including rolling back
sanctions, weakening NATO and undermining the European Union.”
Changing what needs to
be changed, such words could have been penned by Robert Welch himself.
Confronting a fascistic president, the Democrats have managed to frame their
entire opposition around a right-wing narrative. If the Democrats had their way
and Trump were removed—to be replaced, don’t forget, by the ultra-right Vice
President Mike Pence—it is almost certain that the immediate consequence would
be war with nuclear-armed Russia.
Inextricably connected
to the conflicts over foreign policy is the escalation of the attack on
democratic rights within the United States. Reprising the ravings of Dies,
social discontent is attributed to the nefarious efforts of Russia to “sow
discord” within the United States.
Significantly, Clinton
cites as a model the actions of the ruling class after the September 11, 2001
attacks, when “Congress established an independent, bipartisan commission to
recommend steps that would help guard against future attacks.” She concludes,
“We need a similar commission to help protect our elections.”
The September 11
attacks—a terrorist atrocity that killed nearly 3,000 people—were followed by
the Patriot Act, the Homeland Security Department, the Northern Command,
domestic spying, Guantanamo Bay, the institution of torture and drone assassinations
as government policy, and other crimes. The campaign of the Democrats over the
Russian “attack”—a lie fashioned from whole cloth—has been accompanied by
far-reaching moves to censor the internet under the guise of combating “fake
news.”
The Democrats’
warmongering and attack on democratic rights come together in the persecution
of WikiLeaks and its founder Julian Assange, whose enduring contribution to the
population of the world was the exposure of the crimes of American imperialism.
For this, Assange is currently imprisoned in Britain, facing imminent rendition
to the United States. The courageous whistleblower Chelsea Manning is in jail
for refusing to testify against him.
Such is Clinton’s
defense of “our democracy.”
All of this further
demonstrates that in the conflict between Trump and the Democratic Party there
is no progressive or democratic faction. The anti-Russia narrative has not been
challenged by any section of the Democratic Party, including Bernie Sanders,
who is again seeking to cover up this warmongering party with a thin veneer of
social reforms that it has no intention of implementing.
The conflict between
the Democrats and the Trump administration is a conflict between two
reactionary factions of the ruling class. All those political organizations and
groups that are seeking to direct social opposition behind the Democratic Party
are playing the most criminal role. They are no less terrified than Trump and
the Democrats of the development of a genuine socialist movement of the working
class, which will oppose American capitalism and its wars.
TRY TO SEPARATE THE
CLINTON MAFIA AND DONALD TRUMP’S CRIMES FROM THEIR BANKSTER PAYMASTERS AT
GOLDMAN SACHS!
Can’t be done!
NEW YORK — In the midst of a public relations
nightmare, former White House Deputy National Security Adviser Dina Habib
Powell took charge of Goldman Sachs’s global charitable foundation, helping to
resurrect the big bank’s shattered image after it was implicated in practices
that contributed to the financial crisis of 2007-2008.
“Clinton also failed to mention how
he and Hillary cashed in after his presidential tenure to
make themselves multimillionaires, in part by taking tens of
millions in speaking fees from Wall Street bankers.”
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