America First is a Joke. Wall Street Wins Again

I know I must sound like a broken record by now, but Wall Street owns the U.S. economy and until that’s dealt with, the American public will continue to be preyed upon voraciously and lawlessly by some of the most unethical parasites the world has ever seen. Obama was a historical disaster on this issue, coddling and protecting banker oligarchs every step of the way. Trump’s no different.

The latest evidence that things are getting even worse came last evening when the U.S. Senate voted to deliver Wall Street another gift on a silver platter.

Rather than summarize what happened, let’s turn to two of the best resources on such topics, journalist David Dayen and finance focused website Wall Street on Parade.

First, here are a few excerpts from David’s latest article published at The InterceptAfter Day of Feuding, Jeff Flake and Bob Corker Join Trump to Upend a Major Consumer Protection:

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Donald Trump Has an Enormous and Very Dangerous Wall Street Blind Spot

The biggest disappointment regarding Donald Trump since being elected President has been his total embrace of dangerous Wall Street thieves. As it is currently structured and incentivized, the financial services industry represents one of the most destructive and least beneficial forces within the U.S. economy. It is essentially a parasitic industry.

Unfortunately, Trump didn’t merely pick one or two competent finance guys to be in charge of finance-related jobs. Rather, he decided to surround himself with some of the worst of the worst (see links at the end) within an industry that often operates like a criminal syndicate. Treasury Secretary pick Steven Mnuchin is one of these people, and I believe this choice represents the single biggest mistake Trump has made as President-elect.

A very large percentage of the American public (including myself), remain irate at the complete lack of any justice served with regard to finance criminals in the aftermath of the economic collapse of 2008/09. When it comes to greedy, unethical behavior in the wake of that tragic period, Steve Mnuchin is in a class of his own. To appoint such a toxic financial oligarch to Treasury Secretary is a serious slap in the face to all American citizens.

Journalist David Dayen accurately described Mnuchin as the “Anti-Populist from Hell” in an excellent article published back in May of last year. Yesterday, he published what can be seen as a followup to that piece, in which he details the findings of a leaked memo from top California prosecutors who were looking to bring forward a case against OneWest for over a thousand legal violations they discovered. Inexplicably, the case never went forward, and the woman who had been in charge of the investigation, state attorney general Kamala Harris, has now been elected to the U.S. Senate.

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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:

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