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Started By
Message
Posted on 3/15/17 at 10:00 am to L.A.
quote:
Where exactly should the POTUS go to find people with sufficient expertise to run the treasury?
Money Board
Posted on 3/15/17 at 10:01 am to The Baker
quote:
Regardless, I'm amazed this was allowed to happen. Perhaps he sold his soul to the devil.
So who would you support for appointment to the most complex business, government, in the world?
Posted on 3/15/17 at 10:02 am to L.A.
quote:
Where exactly should the POTUS go to find people with sufficient expertise to run the treasury? The minimum wage produce clerk at Winn Dixie? The group of illegals outside my local Home Depot?
Fair enough.
I didn't vote for him, so my perspective is skewed. If you did, was this the kind of appointee you expected from him?
Posted on 3/15/17 at 10:02 am to BBONDS25
quote:Not that I give a shite, but when Goldman Sachs "awards" you almost $300 million to quit and work for the White House, one could see some shadiness: LINK
Can you name one thing any of these five appointees have done or proposed that support the WAPOs accusation and your assertion that they are only about enriching themselves? One specific thing from any of them?
Posted on 3/15/17 at 10:03 am to Yak
i hate to really believe in CTs, but Goldman Sachs running our government is one i may, sort of, believe
Posted on 3/15/17 at 10:17 am to 9th life
quote:I honestly didn't give any thought o who he would hire to run the Treasury Dept, but if I had I probably would have assumed he'd hire the best financial minds in the country and the best financial minds in the country are usually on Wall St. I understood "draining the swamp" to be more aimed at getting rid of career politicians.
If you did, was this the kind of appointee you expected from him?
Posted on 3/15/17 at 10:20 am to Homesick Tiger
(no message)
This post was edited on 1/10/21 at 7:39 pm
Posted on 3/15/17 at 10:28 am to fouldeliverer
Make America Goldman/Sachs Again.
Posted on 3/15/17 at 10:50 am to fouldeliverer
Trump on campaign trail: "I know the guys at Goldman Sachs. Try have total, total control over [Cruz]. Just like they have total control over Hillary Clinton."
Trump now: *hires 5 Goldman execs*
Regardless of what you think of Goldman, this is hypocrisy.
Trump now: *hires 5 Goldman execs*
Regardless of what you think of Goldman, this is hypocrisy.
Posted on 3/15/17 at 10:51 am to BBONDS25
quote:
Can you name one thing any of these five appointees have done or proposed that support the WAPOs accusation and your assertion that they are only about enriching themselves? One specific thing from any of them?
Not to say that any of these 5 did this (but not to say they they didn't -- maybe someone should check into this) but I thought it was conclusively demonstrated that Wall Street as a whole is a cesspool when they took bonuses out of the TARP money.
Posted on 3/15/17 at 11:05 am to L.A.
quote:
Where exactly should the POTUS go to find people with sufficient expertise to run the treasury? The minimum wage produce clerk at Winn Dixie? The group of illegals outside my local Home Depot?
There are many brilliant economists, successful businessmen and even career bureaucrats that aren't associated with GS.
This post was edited on 3/15/17 at 11:07 am
Posted on 3/15/17 at 11:24 am to Yak
You should have read more than just the headline. They give the reasoning in the article. Even the biased New York Times couldn't make it shady...so they post a headline that catches people like you...and here you are using a big nothing as an example of wrongdoing.
The guy had a contractual right to shares in the future. Goldman accelerated his options so he could sell the shares as it is a requirement to be completely divested to take the treasury position. You really think that is shady??! Really?
The guy had a contractual right to shares in the future. Goldman accelerated his options so he could sell the shares as it is a requirement to be completely divested to take the treasury position. You really think that is shady??! Really?
This post was edited on 3/15/17 at 11:25 am
Posted on 3/15/17 at 11:28 am to L.A.
quote:
but if I had I probably would have assumed he'd hire the best financial minds in the country and the best financial minds in the country are usually on Wall St.
Why are they the best financial minds in the country?
quote:
But since the election, Trump has picked two Goldman executives and two former Goldman executives to serve in top posts. Goldman chief operating officer Gary Cohn is now the director of the White House National Economic Council and has a tremendous amount of influence on a range of issues. Goldman’s global head of impact investing, Dina Powell, is the White House’s senior counselor for economic initiatives, working on both domestic and foreign policy issues.
I do not think running successful hedge funds is the same as being well versed in domestic economic policy or foreign policy initiatives. Moreover, based on history these people are going to advise deregulation that would benefit the very firms that they worked for and will most likely work for again.
quote:
I understood "draining the swamp" to be more aimed at getting rid of career politicians.
I won't argue with individual interpretation as we all can interpret that differently. But I'd suspect that when most people view DC as a corrupt cesspool or "swamp" they think about the "revolving door" which is the shuffling of former federal employees into jobs as lobbyists, consultants and strategists as well as placing former lobbyists or influential corporate executives into agencies that would benefit their former and most likely future employer.
This happens with independent regulatory commissions too. It was evident in Obama's FCC, SEC, and FTC appointees and also now with Trump. The term is called "capture" and it happens way too often. Members of these regulatory bodies are chosen from the ranks of the regulated. Then when they are finished working for the government they are recruited back into the same industries that they were once regulating.
Posted on 3/15/17 at 11:47 am to fouldeliverer
Let's get lesser people because certain bitches gripe about where the best ones come from
Posted on 3/15/17 at 11:57 am to gthog61
quote:
Let's get lesser people because certain bitches gripe about where the best ones come from
No matter what, since the POTUS is not Hill, Sanders, or anyone with Dem tag the situation is lose/lose.
It's not like POTUS would consider the CFO of Sears Roebuck or Merrill Lynch.
"Come to Joe's Buy Here, Pay Here! We've got the future Scty. of the Treasury to set up all your financing!"
Posted on 3/15/17 at 12:00 pm to The Baker
quote:
Regardless, I'm amazed this was allowed to happen. Perhaps he sold his soul to the devil.
More than likely they made him an offer he can't refuse and was told to expect the JFK treatment if he turned them down.
Posted on 3/15/17 at 12:02 pm to fouldeliverer
Well GS has been screwing our dumbass politicians for years. I'm sure they know what and how to fix the problems better than anyone else...
Clinton just got used by them. I wouldn't have called it cozy, bet they all laughed at her after getting what they wanted for a small fee.
Clinton just got used by them. I wouldn't have called it cozy, bet they all laughed at her after getting what they wanted for a small fee.
Posted on 3/15/17 at 12:19 pm to BBONDS25
This isn't even the biggest reason why I think Goldman Sachs is up to their usual shenanigans. But yes, yes I do think it's shady. I absolutely think expediting the process to hurry the hell up and get yet another Goldman employee in the White House ASAP in order to screw us more is shady as frick.
You know why? Because they ARE shady as frick. The government used our money to bail these assholes out, just to let them use that money to give themselves bonuses. You think Cohn benefited from this? Being the number 2 executive of Goldman Sachs, I'd say no doubt.
But anyways, to answer your question, yes, I think they are shady. frick those assholes. Let's not even talk about the insider trading, subprime mortgages, etc.
These people are against us, and for themselves. You can justify the selection all you want, but you'll never change my opinion on any of these people.
You know why? Because they ARE shady as frick. The government used our money to bail these assholes out, just to let them use that money to give themselves bonuses. You think Cohn benefited from this? Being the number 2 executive of Goldman Sachs, I'd say no doubt.
But anyways, to answer your question, yes, I think they are shady. frick those assholes. Let's not even talk about the insider trading, subprime mortgages, etc.
These people are against us, and for themselves. You can justify the selection all you want, but you'll never change my opinion on any of these people.
This post was edited on 3/15/17 at 12:30 pm
Posted on 3/15/17 at 12:50 pm to L.A.
quote:
I understood "draining the swamp" to be more aimed at getting rid of career politicians.
Then what was your problem with Obama? Look how many democratic politicians lost their job during his terms. Do you want Trump to get rid of Republican politicians?
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