An Administration Staffed By Goldman Sachs
Another tea-leaf sign of things to come is the number of appointees who come from giant investment bank Goldman Sachs. Politico noticed this, in Goldman Sachs poised for return to power in Trump White House...
"After a decade in the wilderness, Wall Street's most powerful firm, Goldman Sachs, is dominating the early days of the incoming Trump administration. The newly picked Treasury Secretary, Steven Mnuchin, spent 17 years at Goldman. Trump's top incoming White House adviser, Steve Bannon, spent his early career at the bank. So did Anthony Scaramucci, one of Trump's top transition advisers.
"Goldman's president, Gary Cohn, spent an hour schmoozing with President-elect Donald Trump on Tuesday and could be up for an administration job, possibly as director of the Office of Management and Budget, people close to Cohn and the transition said. Cohn, a long-time commodities trader, is friendly with Trump's powerful son-in-law, Jared Kushner.
"[...] Now Goldman, whose proximity to the levers of power dates to the early 20th Century and the creation of the Federal Reserve, stands to return to a level of influence unmatched by any other company in America."
Rachel Maddow, in a segment titled Goldman Sachs already reaping Trump rewards, explained that Goldman Sach's stock is soaring on the news.
Tea Leaves Not Good For Workers
Billionaire oligarchs, anti-labor business leaders, foreclosure kings, Wall Street bankers and people on the boards of fraudster corporations. This is not quite the crowd you would think would usher in a new age of good jobs with good wages and benefits for working people.
The tea leaves -- and that's all we have from this already-secretive administration -- are telling us that things are going to be very, very bad for America's workers under a Donald "wages are too high" Trump administration.
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