After Donald Trump painted political opponents such as Sen. Ted Cruz (R-TX) and Hillary Clinton as “puppets” for Wall Street, while championing himself as a “man for the average American,” he’s quickly proven how naive his supporters were to believe that a dishonest con man raised by a rich family was “one of them.” Trump even attacked Clinton for the paid speeches she did for Goldman Sachs, a financial firm he often used as fodder to push the idea that she was bought and paid for by corrupt Wall Street interests.
“Drain the Swamp! Lobbyists, top donors, and Wall Street executives weren’t going to control him!” Trump and his campaign frequently said.
Funny, last time I checked, Steven Mnuchin, a 17-year employee of Goldman Sachs and former hedge fund investor, was our Secretary of the Treasury.
In fact, here’s a short list of a few people Trump’s surrounded himself with who have ties to Goldman Sachs:
- Secretary of the Treasury Steven Mnuchin.
- Top White House Strategist Steve Bannon.
- Director of the National Economic Council Gary Cohn.
- Nominee for Chair of the Securities and Exchange Commission Jay Clayton.
- Senior Counselor to the President for Economic Initiatives Dina Powell.
And those are just some of the people Trump’s surrounded himself who have ties to Goldman Sachs, not everyone he’s brought on to his administration with links to Wall Street. After all, Trump’s cabinet (17 people) is worth more than one-third of American households combined.
Let that sink in for a moment.
Well, Wall Street is happy again as Trump has picked another Goldman Sachs banker to work in the Treasury department.
As reported by Politico:
President Donald Trump on Tuesday nominated one of the more low-profile but high-powered bankers on Wall Street to serve as Treasury Secretary Steven Mnuchin’s deputy.
Jim Donovan, a Goldman Sachs partner chosen to serve as deputy secretary, is expected to play a critical role in helping Mnuchin manage the sprawling Treasury Department and push through major legislative goals including fundamental re-writes of the corporate and individual tax codes.
Meaning that the top two people at the U.S. Department of the Treasury under Donald Trump — are former Goldman Sachs bankers.
Back in my day, I remember when Donald Trump and his supporters vilified Hillary Clinton for giving speeches to Goldman Sachs bankers, claiming it proved she was a shill for Wall Street. You know, way back — about six months ago.
If Clinton was a “corrupt Wall Street shill” because she gave a speech to Goldman Sachs, then what the hell is Trump, a man who’s filled his actual cabinet with former Wall Street bankers, many of whom worked for Goldman Sachs?
This is basically the “Trump supporter logic”:
- A private citizen giving paid speeches to Goldman Sachs = a corrupt, unethical sellout for Wall Street.
- A man “elected president” who vilified his opponent as a corrupt, unethical sellout for Wall Street for giving speeches to Goldman Sachs picking two former bankers of that company for the top two positions at the Treasury department = meh, no big deal.
It’s like I’ve asked many… many times before: How gullible does someone have to be to support this buffoon?
Then again, when you’re a poor or middle class American who thought a “billionaire” with a long history of unethical behavior and lawsuits brought against him for trying to cheat people out of money could relate to and cares about average Americans — that shows you the level of “rational thought” that accompanies many of the people who proudly support Donald J. Trump.