Earlier this week, in the post Donald Trump Will Meet War Criminal Henry Kissinger, I pointed out the following:
Since clinching the Republican nomination, Trump’s true colors have started to emerge. He named a former Goldman Sachs partner to run his fundraising efforts, he named petty authoritarian, gangster wannabe Chris Christie to run his transition team, and he chose “everyone’s a terrorist” Rudy Giuliani as his planned head of the domestic gestapo, the Department of Homeland Security. He’s also been endorsed by Orc King Sheldon Adelson, who said he was prepared to spend $100 millionto get him elected. Now he’s off to kiss the blood-soaked hands of Henry Kissinger.
Apparently, that was just the beginning. Now he’s out publicly pandering to Wall Street in ways even Hillary Clinton wouldn’t dare do.
The Wall Street Journal reports:
Donald Trump, the presumptive Republican presidential nominee, said he intends to release a detailed economic policy platform in two weeks that would dismantle nearly all of the 2010 Dodd-Frank law, he said in an interview Tuesday with Reuters.
“I would say it’ll be close to a dismantling of Dodd-Frank,” Mr. Trump said, according to the Reuters report. “Dodd-Frank is a very negative force, which has developed a very bad name.”
Mr. Trump also said he is “not an enemy” of current Federal Reserve Chairwoman Janet Yellen, although he reiterated he eventually wants a Republican to lead the U.S. central bank. “I’m not a person that thinks Janet Yellen is doing a bad job,” he added.
While I’m not a Dodd-Frank fan, it’s not because it was too harsh, but because it didn’t really do much of anything. It was the typical neoliberal bait and switch, designed to look tough for public consumption, while merely making tweaks around the edges of a financial system that requires systemic, paradigm level change.
Trump’s support of repealing Dodd-Frank tells you all you need to know. A Trump Presidency will see Wall Street felons who should be in prison, running as wild and free as ever.
He will be the same thing to distressed working class whites that Obama was to the black community. A fake messiah and a shyster.