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Goldman Sachs president Gary Cohn will be Trump

Canadian Content
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Goldman Sachs president Gary Cohn will be Trump's 'top economic adviser'


Political | 206949 hits | Dec 12 5:05 pm | Posted by: andyt
98 Comment

U.S. president-elect Donald Trump on Monday said he would appoint Goldman Sachs Group Inc. president and chief operating officer Gary Cohn to head the White House National Economic Council, a group that co-ordinates economic policy across agencies.

Comments

  1. by avatar andyt
    Tue Dec 13, 2016 1:07 am
    oh, oh.
    The president-elect has now chosen three people with ties to the bank for his administration, including Steven Mnuchin, the Treasury secretary nominee, and Steve Bannon, Trump's chief strategist and senior counsellor, both of whom used to work for the Wall Street giant.

  2. by avatar xerxes
    Tue Dec 13, 2016 2:11 am
    'Member when trump ripped on Hillary for giving speeches at Goldman and his minions shouted Goldman at Ted Cruz' wife? Ah sweet sweet hypocracy.

  3. by avatar BeaverFever
    Tue Dec 13, 2016 2:13 am
    It doesn't matter. Trump supporters just have a reset button on their brain, which they're required to press nightly.

  4. by avatar raydan
    Tue Dec 13, 2016 2:18 am
    Must be a very small button. :?





    :lol:

  5. by avatar DrCaleb
    Tue Dec 13, 2016 2:32 pm
    I congratulate President Trump for weeding out Cronyism in Washington and forming a cabinet that is representative of the People.






    /s

  6. by avatar ShepherdsDog
    Tue Dec 13, 2016 2:41 pm
    Whudder you, sum sorta Commie raggin' on the graydist Prezuhdint Mericuh has ever noan?

  7. by Thanos
    Tue Dec 13, 2016 2:53 pm
    Yeah! :evil: :mrgreen:


  8. by avatar ShepherdsDog
    Tue Dec 13, 2016 3:02 pm
    Merkuh!!!! Springsteen cuts in now.

  9. by avatar BeaverFever
    Tue Dec 13, 2016 3:07 pm

  10. by Thanos
    Tue Dec 13, 2016 3:24 pm
    "ShepherdsDog" said
    Merkuh!!!! Springsteen cuts in now.


    Just the guitars. None of the pesky lyrics. :|

  11. by avatar ShepherdsDog
    Tue Dec 13, 2016 3:26 pm
    Or, Merika uber alles.

  12. by avatar BeaverFever
    Tue Dec 13, 2016 3:30 pm
    And now it's official....millionaire Exxon CEO and fellow Putin acolyte Rex Tillerson named Secretary of State. Millionaires and billionaires and bankers and CEOs and Oul industry executives and generals. Gee, nothing went wrong with the last Republican oil-based, banker-run, millionaire- pandering, chickenhawk militaristic foreign policy right? I'm sure it will go swell this time



    There are a number of ways to describe the characteristics of the cabinet President-elect Donald Trump seems to be putting together. He�s got a lot of CEOs (four including Rex Tillerson at State) and former generals (three at last count). He seems to be for the most part choosing appointees who please � or at least do not displease � conventionally conservative Republicans. And there�s remarkably little government experience in the group as a whole, unless military experience is considered fully relevant.

    But perhaps the most disturbing feature of the Trump cabinet so far is the number of appointees who do not believe in the core missions of the agencies they are being asked to run. Indeed, they seem designed to sabotage any effort to fulfill those missions.

    We will have a pretty dramatic example in former Texas governor Rick Perry, whom Trump has tapped as his secretary of Energy. Perry famously proposed to eliminate that department (and two others) during his first run for president in 2012, and even more famously could not remember its name in a candidate debate that probably doomed his White House aspirations. Unsurprisingly, he didn�t repeat that same pledge in his subsequent presidential run, though his underlying hostility to any energy policy deeper than �Drill, baby, drill� did not seem to change.

    Other Trump cabinet picks are equally conspicuous in their near-hatred for the historic roles of the entities they may soon supervise.

    Perhaps by the time of his confirmation hearings, EPA Administrator�designee Scott Pruitt may be able to think of a single EPA regulation he favors. But it will take some hard work and ingenuity to find it. His official biography as Oklahoma�s attorney general boasts that this fossil-fuel enthusiast is �a leading advocate against the EPA�s activist agenda.� The venerable Sierra Club described his appointment as �like putting an arsonist in charge of fighting fires.�

    Labor Secretary�designee Andrew Puzder, CEO of the company that owns the Carl�s Jr. and Hardees fast-food chains, will if confirmed have the rare distinction of rapidly moving from being a prime target of a federal agency�s regulatory efforts to becoming its chief. He has opposed higher minimum wages, the expanded overtime pay rules promulgated by the Obama administration, and (of course) making companies that operate through franchises accountable for the labor practices of franchisees. The department he has been tapped to lead found that more than half of Hardee�s and Carl�s Jr. locations had wage violations, according to a Bloomberg BNA analysis this year.

    Trump�s choice for Education secretary, Betsy DeVos, is part of a husband-wife billionaire team that has devoted its time for decades to the cause of making public funds available to private schools via vouchers or to minimally regulated charter schools. It says a lot that some education advocates are reassuring themselves that the damage she could do to public schools will be contained by the relatively limited role of the federal government in K-12 education.


    It would not be accurate to say putative attorney general Jeff Sessions would just as soon shut down the U.S. Department of Justice. But it is true that in many respects he will execute a 180-degree turn in the policies and priorities of his department, much like Puzder can be expected to do. Sessions is almost certain, for example, to stop prosecuting recently proliferating incidents of state and local government voting-rights violations and instead ramp up prosecution of the phantom menace of �voter fraud.�

    The appointment that is perhaps hardest to explain (other than as perpetuation of the job involved as a �diversity hire�) is Dr. Ben Carson at HUD. He has zero experience in this field. But he has manifested a strong hostility to federal anti-poverty efforts, which makes him another potential warrior against his own employees.


    http://nymag.com/daily/intelligencer/20 ... picks.html


    Another way to look at Trumps preference for bankers and millionaire businessmen with no public service experience, we can look to that other populist demagogue to whom Trump has been long compared:


  13. by Thanos
    Tue Dec 13, 2016 3:36 pm
    I, for one, welcome the now-imminent end of our horrible fucking world. Should have put Agent Smith in charge of the EPA instead given that he and I share the same general opinion of the human disease. :lol:

  14. by avatar fifeboy
    Tue Dec 13, 2016 3:49 pm
    The Heck with all you guys. I wanna hear what Ezera says about it. Where is that dog when ya needs him?



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