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Title: Trump Taps More Banksters
Source: Another Day In The Empire
URL Source: http://anotherdayintheempire.com/trump-taps-banksters/
Published: Dec 12, 2016
Author: Kurt Nimmo
Post Date: 2016-12-12 13:03:40 by Deckard
Keywords: None
Views: 695
Comments: 11

Donald Trump will turn to the guys who took down the economy for economic advice.

From Bloomberg:

President-elect Donald Trump turned to some of Wall Street’s biggest names to create a panel of business leaders that will give him strategic advice on the economy after he takes office, including two financiers with deep Democratic roots.

Blackstone Group LP Chief Executive Officer Steve Schwarzman will chair the President’s Strategic and Policy Forum, which will begin meeting with Trump in February, according to a statement Friday from his private equity firm. JPMorgan Chase & Co. CEO Jamie Dimon and BlackRock Inc. CEO Laurence Fink, major donors to Democratic politicians, will also sit on the panel.

JPMorgan Chase is the largest bank in America. It played a pivotal role in the subprime mortgage crisis that crashed the economy. It passed off junk securities rated as AAA and dealt in credit derivatives. The mess created by JPMorgan Chase and other banks resulted in a $700 billion “bailout” by the American taxpayer.

Trump should be demanding Glass-Steagall be put back in place so there is once again a firewall between commercial banking and investment banking.

He won’t do that.

Because he is part of the corporate elite. He might be eccentric, somewhat of an outlier, but remains a member of the financial class that is destroying America.

Donald Trump should be calling for the arrest of Dimon and all the other crooks on Wall Street.

Instead, they get to be part of his administration. They are invited to sit on government panels. They will be telling Trump and his Treasury secretary, Steven Mnuchin of Goldman Sachs (the vampire squid wrapped around the face of humanity), how to run the economy.

This will not end well.

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Begin Trace Mode for Comment # 3.

#2. To: Deckard, Trump viper and thief (#0)

Trump is about to become the head viper & thief.

Hondo68  posted on  2016-12-12   13:30:37 ET  (1 image) Reply   Untrace   Trace   Private Reply  


#3. To: hondo68 (#2)

Great quote - too bad the Trump cultists will call it "fake news".

"In March, 1915, the J.P. Morgan interests, the steel, shipbuilding, and powder interest, and their subsidiary organizations, got together 12 men high up in the newspaper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press....They found it was only necessary to purchase the control of 25 of the greatest papers.

"An agreement was reached; the policy of the papers was bought, to be paid for by the month; an editor was furnished for each paper to properly supervise and edit information regarding the questions of preparedness, militarism, financial policies, and other things of national and international nature considered vital to the interests of the purchasers." -

U.S. Congressman Oscar Callaway, 1917

Deckard  posted on  2016-12-12   13:46:07 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 3.

#4. To: Deckard, racketeering and securities fraud (#3)

Michael Milken, Steven Schwarzman, Christine Schwarzman, Jennifer Myles

Michael Robert Milken (born July 4, 1946) is an American former financier and philanthropist. He is noted for his role in the development of the market for high-yield bonds ("junk bonds"),[2] for his conviction following a guilty plea on felony charges for violating U.S. securities laws, and for his charitable giving.

Milken was indicted for racketeering and securities fraud in 1989 in an insider trading investigation. As the result of a plea bargain, he pleaded guilty to securities and reporting violations but not to racketeering or insider trading. Milken was sentenced to ten years in prison, fined $600 million, and permanently barred from the securities industry by the Securities and Exchange Commission. His sentence was later reduced to two years for cooperating with testimony against his former colleagues and for good behavior.[3]

His critics cited him as the epitome of Wall Street greed during the 1980s, and nicknamed him the "Junk Bond King".

https://en.wikipedia.org/wiki/Michael_Milken

Hondo68  posted on  2016-12-12 14:19:25 ET  (1 image) Reply   Untrace   Trace   Private Reply  


#5. To: Deckard (#3)

Great quote - too bad the Trump cultists will call it "fake news".

“Fake News?”

Exactly!

What this Trump supporter will say is: “Sorry, but Andrew Jackson probably never said that “Den of Thieves” quote.

Because Andrew Jackson was a determined opponent of entrenched banking interests, he has become a heroic figure to many who opposed the bailout of our financial system.

Unfortunately, he probably never spoke some of the most famous words attributed to him.

Here's the alleged quote:

Congress in 1836, Jackson closed the second Federal Bank (est. 1816) with these comments:

The bold effort the present (central) bank had made to control the government. . . are but premonitions of the fate that await the American people should they be deluded into a perpetuation of this institution or the establishment of another like it.

I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.

Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves.

You are a den of vipers and thieves. I intend to rout you out, and by the grace of the Eternal God, will rout you out.

Andrew Jackson

In our comments section, this was attributed to a speech before Congress in 1836. That certainly is not the origin of the quote, unless it went unnoticed for almost 100 years.

The first recorded appearance of this quote dates to 1928, almost 90 years after it was supposedly uttered, when it was published in a pamphlet "Andrew Jackson and the Bank of the United States: An interesting bit of history concerning 'Old Hickory,'" by Stan Henkles.

Henkles, a Philadelphia auctioneer and collector of Americana, is probably most famous for republishing a prayer book that was supposedly hand-written by George Washington. According to Henkles, he found the book in a trunk owned by a Washington descendant, Lawrence Washington. Despite the fact that Lawrence Washington told Henkles that the book had earlier been rejected by the Smithsonian Institute as inauthentic, Henkles sold the original manuscript to a New York collector for $1,250. He also published a facsmile edition that claimed it had been authored by the first president at the age of 20.

Frank Grizzard of the University Virginia, a senior associate editor of the George Washington Papers collection that are housed at UVA, says the prayer book was definitely not written by George Washington. Instead, it was probably written by a descendant of Washington.

Henkles claimed he discovered the Jackson quote in 1883 in the minutes of the committee of Philadelphia citizens from February of 1834. In 1834, Jackson did indeed give a speech to a citizens committee of Philadelphia in 1834, which was then one of the most important financial centers of the United States. The committee had secured an interview with Jackson on a trip to Washington, DC to discuss Jackson's position against the national bank.

The only contemporary account of the interview does not support the authencity of the quote. Jackson was speaking yo a hostile audience, explaining his opposition to the national bank. The contemporary account, which appeared in the Baltimore based Niles Register in March of 1834, does say Jackson used some dramatic language, including the claim that he would not restore the deposits or charter of the national bank even under torture by the ten Spanish Inquisitions and that he would rather live in the wilds of Arabia than a country with a national bank.

"I have read the scriptures, gentlemen, and I find that when Moses ascended the mountain, the children of Israel rebelled, and made a golden calf and worshiped it, and it brought a curse upon them. This bank will be a greater curse," Jackson is quoted as saying. "I have no hostility to the bank; I am willing it should expire in peace; but if it does persist in its war will the government, I have a measure in contemplation which will destroy it at once, and which I am resolved to apply, be the consequences to individuals what they may..."

But nothing is reported that comes close to the den of vipers quote.

Does that prove that the quote is phony? No. The report of the interview seems to have been written by someone sympathetic to the cause of the bankers. It complains that Jackson's "mind was pre-occupied by a view on the subject, which would neutralize the effects of facts or reason." It goes on to say that Jackson's remarks were "very long, somewhat desultory" and so it "is deemed unnecessary to present in detail."

So perhaps the author of the report simply decided to leave out Jackson's most powerful statements.

But certainly there is good reason to doubt its authenticity. Our opinion is that Jackson probably never spoke those words.

By: Jim Carney - http://www.businessinsider.com/sorry-andrew-jackson-probably-never- said-that-den-of-theives-quote-2010-1.

Gatlin  posted on  2016-12-12 14:42:25 ET  Reply   Untrace   Trace   Private Reply  


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