Cross-posted from Failed Evolution
Donald Trump is about to break the record for withdrawing his promises faster than any other US president in history. It’s not only a fact that his administration has been literally taken over by Goldman Sachs, the top vampire-bank of the Wall Street mafia, but recently Trump announced another big alliance with the vulture billionaire, Paul Singer, who, initially, was supposedly against him.
It looks like the Trump big show continues.
The ‘anti-establishment Trump’ joke has already collapsed and the US middle class is about to be eliminated by the syndicate of the united billionaires under Trump administration.
As Greg Palast told Thom Hartmann:
Paul Singer whose nickname is “the vulture”, he didn’t get that nickname because he is a sweet and honest businessman. This is the guy who closed the Delphi auto plants in Ohio and sent them to China and also to Monterrey-Mexico. Donald Trump as a candidate, excoriated the billionaires who sent Delphi auto parts company down to Mexico.
Paul Singer has two concerns: one of them is to eliminate the banking regulations known as Dodd–Frank. He is called ‘the vulture’ cause he eats companies that died. He has invested heavily in banks that died. He makes his billions from government bail-outs, he has never made a product in his life, it’s all money and billions made from your money, out of the US treasury.
He is against what Obama created, which is a system under Dodd–Frank, called ‘Living Wills’, where if a bank starts going bankrupt, they don’t call the US treasury for bail-out. These banks go out of business and they are broken up so we don’t have to pay for the bail-out. Singer wants to restore the system of bailouts because that’s where he makes his money.
The Mercers are the real big money behind Donald Trump. When Trump was in trouble in the general election he was out of money and he was out of ideas and he was losing. It was the Mercers, Robert, who is the principal at the Renaissance Technologies, basically investment banking sharks, that’s all they are. They are market gamblers and banking sharks, and that’s how he made his billions, he hasn’t created a single job as Donald Trump himself like to mention.
Both the vulture and the Mercers, they don’t pay the same taxes as the rest. They don’t pay regular income taxes. They have a special billionaires loophole called ‘carried interest’. They were two candidates who said that they would close that loophole: one was Bernie Sanders and the other, believe it or not, was Donald Trump, it was part of his populist movie, he said ‘These Wall Street sharks, they don’t build anything, they don’t create a single job, when they lose we pay, when they win, they get a tax-break called carried interest. I will close that loophole.’ Has he said a word about that loophole? It passed away.