Donald Trump’s True Colors Emerge as He Snuggles up to Wall Street

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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.

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  • jadan

    People who believe Trump is anti-establishment are in for a rude awakening. The same is true for those who believe Hillary is progressive. The candidate who will actually change the system and not continue business as usual is the one hardly mentioned by the MSM. That’s why he is ignored. If Hillary successfully steals the primary, Sanders should go independent. It would be better that Trump is president than neo-con Hillary, red in tooth and claw. The establishment really doesn’t want a serious confrontation with Russia.

  • diogenes

    I’m like just SO SURPRISED!

    • truthtime

      Hahaha. I’m being telling Trump supporters to be wary and I was right. Mmm, that vindication feels good.

      This country. Is. Fucked. Regardless. And frankly… fuck it, let it happen.

      • wunsacon

        Write in your vote.

        • kimyo

          newsflash: hundreds of thousands of votes for sanders discarded, uncounted, blocked.

          conclusion: write-ins will be treated in a similar fashion.

  • Carl_Herman

    Thank you, GW and Mike. Yes, the US rogue state political body has two arms: Left and Right. The election is a false choice. The only true option is to declare the “Emperor’s New Clothes” obvious crimes centering in war, money, and lies, and see freedom only with lawful arrests of the one rogue body’s leaders standing on those Left and Right arms.

    • diogenes

      And Wall Street owns and operates both parties, today, as it has for over 100 years. Too bad our schools are full of hired liars or more people might know this. But that’s how the system works, and the only way to keep it working is to conceal its actual character and means of operations — debt peonage, wage slavery, police state enforcement, perpetual war — from its victims — 99% of Americas. The hereditary oligarchs — the one in a thousand — who have usurped American democracy and seized control of our country’s economy and pillaged on our commonwealth for a century need to be brought to a halt and brought to justice, as Carl says. Until that happens, things are just going to keep getting worse, as they have been throughout our lifetimes. When will Americans get a clue? Only when all of us are bleeding in the gutter, evidently.

      • Carl_Herman

        I recommend diogenes’ article series on economic history of the US:

        The schools have a .01% “hired liar” class, for sure. My experience of working with ordinary educators for over 30 years is that they believe in what they’ve learned, but have part of themselves paradoxically certain they’ve been played. For example, just this last year when I forgot it was just after 9/11, I had a teacher conference to help a struggling student. I arrived early and chatted with the US History teacher (2nd year teaching, and 20-something). I teach math at this school:

        Me: (smile with the pun) What’s new in history?

        Teacher: Oh, we just had 9/11 history. You know, some students believe in those conspiracy theories.

        (I was amazed: her eyes and tone told the story that she feels something is not right with what she’s been told as the “official story”! She intentionally stops her speaking, looking to me if I can provide any helpful follow-up)

        Me: You know, if you did want to present that perspective of what happened on 9/11, Architects and Engineers for 9/11 Truth have over 2,000 licensed professionals who agree the “official story” is not possible. They’re local, and are happy to present their information to interested classrooms. They also have excellent videos of various lengths to present their findings. Just look up their website, if you’d like to know.”

        The teacher listened, and thanked me. I assess that her cognitive dissonance was in close balance with her desire to resolve her conflict of knowing that something she’s been told is a lie. That said, she’s never followed-up with me. My own “balance” is to only offer information when Life provides an opening; otherwise I’m intentionally curious and helpful for what colleagues find important and interesting.

        My conclusion is that We the People need some help, or the ignorance and lack of curiosity of “professionals” cannot stop the .01% hired liars.

        I agree with diogenes: apparently it must get worse, unless the goddess of this planet has other plans.

      • wunsacon

        >> Too bad our schools are full of hired liars

        I’m not sure I agree. My recollection is that my educators had a better understanding of our, ahem, “warts” than other segments of society that I’ve interacted with since.

        But, though we rarely discussed anything controversial, some of them seemed to be holding back on some topics. I think they had to be careful not to say too much, lest some kid from a fascist-loving family go home and tell daddy that the teacher is a pinko. The Red Scare has never really ended.

  • Brabantian

    A Yank USA citizen voter as seen by Europeans

    • wunsacon

      Not like there aren’t people that stupid. But, it could be a plant or a joke.

  • Brockland A.T.

    Gosh, who would have thought a billionaire New York real estate developer would be tight with Wall Street. I mean really.

    Dodd-Frank is a dud and never came close to Glass-Steagall in effectiveness.

    It’s Mike Krieger’s true colours being revealed. Whether or not Trump repeals a non-law is hardly as relevant as what he intends to replace it with, if at all.