Wednesday, November 30, 2016

WILL TRUMPER BE A BIGGER GLOBAL LOOTER THAN HILLARY & BILLARY??? - Trump refuses to sever ties with his business empire

Trump refuses to sever ties with his business empire



Trump refuses to sever ties with his business empire

By E.P. Milligan 
30 November 2016
US President-elect Donald Trump has made clear that he will not sever ties with his vast business empire upon assuming office. The decision underscores the authoritarian and corrupt character of the incoming government and its open contempt for democratic norms.
While some media outlets have published articles worrying about the legal implications of a government with manifold and open conflicts of interest, the Democratic Party has been virtually silent on the question. This is in keeping with its effort to legitimize an administration headed by an ultra-right billionaire, who lost the popular vote by a substantial margin, and to make the transition from Obama to Trump as seamless as possible.
In defending his decision, Trump recently declared, “As far as the potential conflict of interests, the law is totally on my side, meaning, the president can’t have a conflict of interest.”
From a legal and constitutional standpoint, this assertion is clearly false. The Emoluments Clause (Article I, Section 9, Clause 8) of the US Constitution bars any person holding office in the US government from receiving any sort of present, salary, fee or profit from a foreign state.
Trump has business interests in real estate, management and branding in no less than 18 foreign countries, spanning virtually the entire globe. They are: Canada, Brazil, Uruguay, Panama, Bermuda, French Antilles, Scotland, Ireland, Turkey, Azerbaijan, Saudi Arabia, the United Arab Emirates, Qatar, Israel, South Africa, Indonesia, India and China. He is currently attempting to expand into Argentina. Over the course of his 16-month election campaign, Trump registered eight new companies based in Saudi Arabia.
The president-elect claims he will form a blind trust, an arrangement whereby the management of his holdings would be turned over to a trustee with whom he had no contact. But he insists on naming his three adult children, all of whom are involved in his transition team, as the trustees, making a mockery of his supposed adherence to legal and democratic norms.
Among the most obvious conflicts of interest arising from Trump’s business ventures and the political power he will wield as president are the following:
* Trump owns shares of stock in companies involved in the construction of the Dakota Access Pipeline, which is being opposed by Native American tribes and hundreds of supporters who have been protesting for months in the face of brutal police repression. Trump owns between $15,000 and $50,000 in stock in Energy Transfer Partners, the company building the pipeline, and holds between $100,000 and $250,000 in Phillips 66, which owns a one-quarter share of the pipeline.
* The Trump International Hotel, which opened in October in Washington, DC, is housed in a building leased by Trump from the federal government’s General Services Administration. As president, Trump will have the power to appoint the GSA’s next administrator. The hotel has already begun catering to foreign diplomats on official state business.
• Philippine President Rodrigo Duterte appointed a longtime business associate of Trump as a special envoy to the United States in late October.
• Trump’s golf course in Turnberry, Scotland opened during his election campaign. He has since encouraged UK Independence Party (UKIP) leader Nigel Farage to oppose the construction of offshore wind farms that would affect the coastal views at the golf resort.
It is already clear from Trump’s actions and those of his transition team members that he has no intention of avoiding conflicts of interest. Though he claims that his children will take no part in his administration, he appears to already have requested security clearances not only for his children, but also for his son-in-law, Jared Kushner, who owns a real estate company as well as the New York Observer.
His children have already been present in meetings between Trump and foreign leaders. Ivanka participated in a meeting between her father and Japanese Prime Minister Shinzo Abe on November 17 as well as in a phone call with Argentine President Mauricio Macri on November 14. Argentine journalist Jorge Lanata has alleged that the president elect’s first call with Macri included a discussion about circumventing permit requirements that are delaying the construction of a Trump-brand office building in Buenos Aires. Both Ivanka and Eric appeared with Mr. Trump at a meeting with three of the family’s Indian business associates in New York on November 15.
Trump, the personification of the backwardness and criminality of the American financial aristocracy, has an extensive history of corrupt business practices. From the 1970s on, he has been at the center of scandal after scandal:
* He was charged with housing discrimination on the basis of “race and color” at 39 sites around New York in the 1970s. He was caught bullying tenants at various buildings he was attempting to convert into luxury apartments and condos in the 1980s.
• He is alleged to have links to mafia figures, including Robert LiButti, John Gotti's right-hand man, who was a preferred customer at Trump’s Atlantic City casino up until 1991.
• He is notorious for hyper-exploitation of undocumented Polish immigrants on a building site in New York City. The workers were paid $5 an hour, with numerous cases of alleged wage theft. They were forced to sleep at the construction site. If they raised the question of back pay with management, they were threatened with deportation.
• Trump ventures have been cited for violations of casino laws, including one instance where his father bought 700 chips worth a total of $3.5 million with no intention of gambling. The purchase, serving essentially as an illegal loan, helped Trump pay off the casino’s debt.
• He has been cited for anti-trust violations, including one case in 1986 when he attempted to carry out a hostile takeover of two rival casinos, Holiday and Bally.
• He is known for allegedly refusing to pay contractors, waiters, dishwashers and plumbers in hundreds of cases over the course of three decades.
• On November 18, ten days after the election, it was reported that Trump had agreed to pay $25 million to settle two class action law suits and a third suit brought by the New York State Attorney General’s Office charging illegal and fraudulent business practices in connection with his for-profit Trump University, which operated from 2005 to 2010. The “university” was essentially a pyramid-scheme consisting of a series of “seminars” that claimed to teach his real estate business secrets. Students paid as much as $35,000 for the classes, only to find that many of the instructors were totally unqualified.
* Trump may have avoided paying income tax for nearly two decades by exploiting a legal loophole. His tax returns in 1995 reported a $916 million loss (three years after his second bankruptcy), a number so high that it legally exempted him from income tax for 18 years. He has refused to release his tax returns to the public.
* The Donald J. Trump Foundation admitted in IRS filings that it broke federal rules against “self-dealing,” a provision intended to prevent charitable organizations from using funds to help their leaders’ families or business interests. Trump was fond of using the foundation’s funds to settle his legal disputes. He appears to have spent some $260,000 in foundation funds on legal battles. The foundation reportedly also bought high-priced luxury items only to gift them to Trump.

MNUCHIN: THE BILLION DOLLAR FORECLOSURE MACHINE JOINS TRUMP'S BILLIONAIRE CABINET

TRUMP VOWS TO KEEP OBAMA’S CRONY BANKSTERS LOOTING
MNUCHIN: THE FORECLOSURE MACHINE!
 The FDIC paid OneWest $1 billion, which Stein said went to “billionaire investors … to cover tIhe close of foreclosing on working class, everyday American folks.”

“But the bank came under fire for its foreclosure practices as housing advocacy groups accused it of being too quick to foreclose on struggling homeowners. In 2011, dozens of demonstrators descended on Mnuchin's $26.5 million home in he wealthy Bel Air neighborhood to protest OneWest's eviction tactics, according to the Los Angeles Times.”



Trump forms a Wall Street government to attack health care and workers’ rights

Trump forms a Wall Street government to attack health care and workers’ rights




What to Know About Steven Mnuchin,
Trump’s Pick for Treasury
Fred
Lucas
/ @FredLucasWH / November 30, 2016 / comments
http://dailysignal.com/wp-content/uploads/161130_Treasury_Mnuchin_Lucas-1250x650.jpg

Steven
Mnuchin, the president-elect's choice to run the Treasury Department, arrives
Nov. 30 at Trump Tower in New York City. (Photo by Albin Lohr-Jones /ABACA
USA/Newscom)
Though not a widely
known quantity in Washington, Steven Mnuchin, President-elect Donald Trump’s
choice for treasury secretary, has had a seasoned career in high finance, in
Hollywood, and, most recently, as finance chairman of the Trump campaign.
“I am honored to
have the opportunity to serve our great country in this important role,”
Mnuchin, 54, said in a formal statement. “I understand what needs to be done to
fix the economy. I look forward to helping President-elect Trump implement a
bold economic agenda that creates good-paying jobs and defends the American
worker.”
Mnuchin reportedly
has a net worth of $40 million.
If confirmed by the
Senate, Mnuchin, a former Goldman Sachs partner who has donated heavily to
Democrats in the past and once worked for liberal financier George Soros, will
play a significant role in much of Trump’s agenda regarding tax policy, trade
deals, and infrastructure ambitions, among other policies.

Bottom of Form
“Steve Mnuchin is a world-class financier, banker and
businessman,” @RealDonaldTrump says.
“Steve Mnuchin is a
world-class financier, banker, and businessman, and has played a key role in
developing our plan to build a dynamic, booming economy that will create
millions of jobs,” Trump said in a statement. “His expertise and pro-growth
ideas make him the ideal candidate to serve as secretary of the treasury.”
Here are five
major things to know about Mnuchin:
1.
Second Generation at Goldman Sachs
His father, Robert
Mnuchin, was a top trader at Goldman Sachs, an investment banking, securities
and investment management firm. The elder Mnuchin later became an art dealer.
Like his father, Steven Mnuchin joined the
powerful financial firm at age 22, and stayed for 17 years. He left the firm in
2002.
At Goldman, the
younger Mnuchin oversaw trading in government securities, mortgages, money
markets, and municipal bonds. He rose to be the chief information officer.
Goldman Sachs is
widely known for its political influence in both parties. If confirmed, Mnuchin
would be the third secretary of the Treasury Department to have worked for the
firm. President Bill Clinton’s treasury secretary, Robert Rubin, and President
George W. Bush’s treasury secretary, Hank Paulson, were both former Goldman
Sachs executives.
During the
presidential campaign, Trump occasionally threw verbal jabs at his opponents
for connections to Goldman Sachs, first at Texas Sen. Ted Cruz during the
Republican primary and later at former Secretary of State Hillary Clinton
during the general election.
2.
George Soros Connection
After departing
Goldman, Mnuchin went to work for
SFM Capital Management, a firm backed by billionaire George Soros, known for
bankrolling liberal causes and candidates. Mnuchin later worked directly for Soros Fund Management.
During the 2016 campaign season, Soros donated heavily to Priorities USA
Action, a pro-Hillary Clinton super PAC.
It is not clear
from news reports how close Mnuchin and Soros were, if at all.
In 2004, Mnuchin
departed to start his own hedge fund, Dune Capital Management. Bloomberg News
reported that Dune “got hundreds of millions of dollars from Soros.” Dune
invested in at least two Trump projects, one in Waikiki, Hawaii, and another in
Chicago, according to Bloomberg News.
3.
Democratic Donor
Mnuchin contributed
thousands of dollars to the presidential campaigns of both Hillary Clinton and
Barack Obama in the 2008 election cycle, to John Kerry’s presidential campaign
in 2004, and to Al Gore’s 2000 presidential campaign, as well as to numerous
congressional Democrats, according to the Center for Responsive Politics, which
tracks political donations.
He also gave to
several Republican candidates, including Mitt Romney’s presidential campaign in
2012. But prior to 2012, donations to Democrats far outweighed those to
Republicans.
Mnuchin told Bloomberg News the
Democratic donations were mostly favors to friends who were Democratic
fundraisers.
He contributed
$1,000 to Clinton’s U.S. Senate campaign in New York in 2000. He also
donated $1,000 to the presidential campaigns of Democrats Gore and Bill
Bradley, who were competing against one another in the party’s primary that
year. That same year, he also contributed $1,000 to Republican Steve Forbes’
presidential campaign.
Mnuchin contributed
$2,000 to Obama’s U.S. Senate campaign in Illinois in 2004, when he also gave
$500 to Kerry’s presidential campaign.
Also in 2004, he
contributed $10,000 to the Democratic Senatorial Campaign Committee.
In 2007, leading up
to the 2008 Democratic presidential primary, Mnuchin contributed $2,300 to
Obama’s campaign and another $2,300 to Clinton’s campaign.
But he also gave
the maximum $2,300 to Romney’s campaign in the 2008 Republican presidential
primary.
During the 2012
cycle, Mnuchin mostly contributed to Republicans. He donated $2,500 to Romney’s
primary campaign and another $2,500 to his general election campaign. He
donated $12,500 to the Republican National Committee in 2012, according to the
Center for Responsive Politics.
In the 2016 cycle,
though Mnuchin gave $2,000 to the U.S. Senate campaign of Democrat Kamala
Harris in California, he also gave $100,000 to the Republican National
Committee. He gave $2,700 to Trump’s presidential campaign.
4.
Blockbuster Films
Mnuchin teamed with
filmmaker Brett Ratner and businessman James Packer to form RatPac-Dune Entertainment.
He first founded Dune Entertainment, which merged with Ratner and Packer’s
RatPAC Entertainment.
The company
produced successful films such as “Avatar,” which grossed $2.8 billion
worldwide, “American Sniper,” “Max Max: Fury Road,” and the “X-Men” series of
movies.
5.
OneWest Bank Controversy
Trump praised what
might end up being a target for Democrats during Mnuchin’s confirmation
process.
“He purchased
IndyMac Bank for $1.6 billion and ran it very professionally, selling it for
$3.4 billion plus a return of capital,” Trump said of Mnuchin in his statement.
“That’s the kind of people I want in my administration representing our
country.”
Mnuchin, with
partners, bought IndyMac Bank in 2009 and renamed it OneWest Bank Group. He
served as its CEO. The bank had some clashes with California housing advocates.
Mnuchin and other investors sold OneWest to CIT Group in 2015.
IndyMac Bank had
been taken over by the Federal Deposit Insurance Corp. over allegedly sketchy
mortgage practices during the housing crisis, according to National Public
Radio.
Kevin Stein, deputy
director of a housing advocacy group called the California Reinvestment
Coalition, told NPR that
under Mnuchin, OneWest continued to be a “foreclosure machine.”
As Trump said,
investors bought the bank cheap and sold at a profit. But Stein said the bank
foreclosed on 36,000 homes under Mnuchin. The FDIC paid OneWest $1 billion,
which Stein said went to “billionaire investors … to cover the close of
foreclosing on working class, everyday American folks.”
Such rhetoric from
Stein could likely be picked by Senate Democrats during the confirmation
process.



THE BILLIONAIRES' CLUB AT THE TRUMP WHITE HOUSE: Trump forms a Wall Street government to attack health care and workers’ rights

MORE OBAMA-CLINTONOMICS AHEAD!

"Far from Trump’s demagogic claims that he 

would 'drain the swamp,' the corrupt nexus between

Wall Street and Washington is tighter than ever."



Trump forms a Wall Street government to attack health care and workers’ rights


A cabinet of billionaires.... SERVING 


THEIR CLASS AND LOOTNG THE PEOPLE


TO DO IT!


Trump forms a Wall Street government to attack health care and workers’ rights

By Patrick Martin

30 November 2016
Major US newspapers
reported Tuesday night that President-elect Donald Trump has selected Steven T. Mnuchin, a former Wall Street banker who served as Trump’s campaign finance chairman, to be the next secretary of the treasury, the most influential cabinet position in terms of economic policy and the jobs and living standards of working people. The appointment is to be formally unveiled on Wednesday.

This follows Trump’s appointment of Representative Tom Price of Georgia, a leading right-wing  Republican and opponent of Medicare, to head the Department of Health and Human Services. This department oversees Social Security, Medicare and Medicaid, which account for the vast bulk of domestic social spending by the federal government.
There were also press reports that the much-rumored nomination of billionaire speculator Wilbur Ross as secretary of commerce would be announced shortly, and that Elaine Chao, the
wife of Senate Majority Leader Mitch McConnell and a cabinet member in the George W. Bush administration, would be named as secretary of transportation.
Trump has already named another billionaire, school privatization advocate Betsy DeVos, wife of Amway heir Dick DeVos, to be secretary of education. With these appointments, the general outlines of the new administration’s domestic 

policies are clear.

Far from Trump’s demagogic claims that he would “drain the swamp,” the corrupt nexus between Wall Street and Washington is tighter than ever.
In many ways, the Trump administration represents the fusion between the two, with prominent members of the financial aristocracy, including three of the 500 or so US billionaires—Trump, Ross and DeVos—taking leading positions in the nation’s
capital.
Every non-billionaire cabinet appointment announced by Trump is a millionaire or multi-millionaire.
These include Senator Jeff Sessions, Representative Tom Price, Elaine Chao and, of course, Mnuchin, a former partner at Goldman Sachs worth upwards of $50 million.
Mnuchin is not the first Goldman Sachs veteran—and campaign insider—that Trump has named to a top position. Stephen Bannon, the campaign CEO and former head of the ultra-right Breitbart News, may be said to represent the fascist wing of Wall Street, while Mnuchin represents its more conventional establishment wing.
In selecting a Goldman Sachs alumnus to head the Treasury, Trump is following the example of George W. Bush, who appointed Henry Paulson, and Bill Clinton, who appointed Robert Rubin. Mnuchin’s father and brother had long careers at the firm, but Mnuchin left soon after becoming a partner, first working for billionaire George Soros (a prominent Clinton backer in 2016), then going west to make millions as a Hollywood financier, backing some highly profitable action films, including the X-Men franchise, as well as AvatarGravity and
the execrable American Sniper .
One of his more controversial financial operations on the West Coast involved the takeover of the failed California mortgage lender IndyMac in 2009. He headed a group that bought IndyMac from government receivers, renamed it OneWest, pushed ruthlessly to foreclose on borrowers, and so improved the balance sheet that he sold the
company to CIT in 2014 for more than twice the purchase price. Fair housing groups filed discrimination charges against OneWest for refusing to lend or refinance in certain minority areas.
When Mnuchin agreed last summer to head Trump’s fund-raising operation, he was widely criticized in
Hollywood and Wall Street circles, which largely backed Democrat Hillary Clinton. Mnuchin himself had donated mainly to Democratic candidates, but knew Trump from previous business dealings. As he told Bloomberg Businessweek at the time, “Nobody’s going to be, like, ‘Well, why did
he do this?’ if I end up in the administration.”
It is a virtual certainty that a Mnuchin Treasury will scrap the pretense of regulating Wall Street that
was mounted by the Obama administration and the Democrats through passage of the 2010 Dodd-Frank banking bill. The only institutional change accomplished by Dodd-Frank, and a minor one, the establishment of the Consumer Financial Protection Bureau, is likely to be reversed.
While the Trump administration gives Wall Street free rein, it will deepen the attacks on health care for working people that have already reached a new level under the Obama administration. This is the significance of the nomination of Representative Price as secretary of health and human services.
As one headline put it,
“Gutting Obamacare might be the least controversial part of Tom Price’s health care agenda.” A former orthopedic surgeon and six-term House member from the same wealthy Atlanta suburbs that elected Newt Gingrich, Price favors a completely market-based health care system, in which no one would be “entitled” to health care unless he or she had the money to pay for it, perhaps with the aid of a totally inadequate government voucher.
Like Republican House Speaker Paul Ryan, a close ally whom he succeeded as chairman of the House
Budget Committee, Price seeks to take advantage of the unpopular and reactionary character of Obamacare to launch a frontal assault on all federal
health care programs, particularly Medicare and Medicaid, which underwrite health care for 130 million people, including the elderly, the poor and those suffering from the worst illnesses.
Under a program that the Republican-controlled Congress would likely enact, Trump would sign into law, and Price would administer, Medicaid would be ended as a federal entitlement program and transformed into separate block grants for each of the 50 states, which would be entirely free to reduce benefits and standards. Medicare would become a voucher program, similar to the Health Savings Accounts offered by many employers, with the federal contribution to purchase private insurance
limited to a maximum of $3,000, leaving the bulk of the cost of health care to fall on the elderly.
Planned Parenthood, women’s rights groups, and gay and lesbian groups all denounced the Price
nomination as a signal of the reactionary direction of the Trump administration, warning that it proposed to go back decades, or even half a century, in terms of family planning, abortion rights and other social issues.
Price is an adamant opponent of abortion under all circumstances. He introduced legislation to defund Planned Parenthood programs and as well as a constitutional amendment to outlaw gay marriage. According to one report, he was so hostile to the idea
that some women require financial assistance to pay for birth control that he challenged a reporter to “bring me one woman” who struggled to afford
contraception.
He will be in charge of a department that sets policy on issues such as who can receive survivor’s
benefits under Social Security, whether drugs like Plan B can be sold over the counter, and whether health insurance policies should cover birth control and abortion services.
These cabinet selections demonstrate the absurdity of all attempts by the Democrats to paint Trump in
positive colors. This is to be a government of  reaction all down the line, from extreme militarism in foreign policy to vicious attacks on jobs, living
standards, social programs and democratic rights at home.
The two-faced character of the Democratic response to Trump was typified in comments by incoming Senate Minority Leader Charles Schumer. He denounced the naming of Representative
Price to run Health and Human Services, saying Price “has proven to be far out of the mainstream of what Americans want when it comes to Medicare, the Affordable Care Act and Planned Parenthood.” At the same time, he hailed the selection of Elaine Chao to run the Department of Transportation, praising her “long history of service to our country.”
Schumer added, “Senate Democrats have said that if President-elect Trump is serious about a major
infrastructure bill, backed by real dollars and not just tax credits and without cutting other programs like health care and education, that we are ready to work with his administration.” Actually, the Democrats are ready to work with Trump under all circumstances, and if they cannot find anything
“positive” to support, they will invent something.

Tuesday, November 29, 2016

MNUCHIN??? - TRUMP VOWS TO KEEP OBAMA'S CRONY BANKSTERS HAPPY AND LOOTING


Kevin Stein, deputy director of a housing advocacy group 

called the California Reinvestment Coalition, told NPR that 

under Mnuchin, OneWest continued to be a “foreclosure 

machine.”

As Trump said, investors bought the bank cheap and sold at a 
profit. But Stein said the bank foreclosed on 36,000 homes 
under Mnuchin. The FDIC paid OneWest $1 billion, which 
Stein said went to “billionaire investors … to cover the 
close of  foreclosing on working class, everyday American 
folks.”




Trump expected to name former Goldman banker Mnuchin for Treasury: source

By David Lawder
Reuters

Steven Mnuchin, the Trump campaign's finance director, arrives at U.S. President-elect Donald Trump's Trump Tower in New York
View photos

Steven Mnuchin, the Trump campaign's finance director, arrives at U.S. President-elect Donald Trump's Trump Tower in New York, U.S., November 29, 2016. REUTERS/Mike Segar
By David Lawder
WASHINGTON (Reuters) - President-elect Donald Trump is expected to name former Goldman Sachs partner and Hollywood financier Steven Mnuchin as his nominee for Treasury secretary, a source said on Tuesday, putting a Wall Street veteran in the top U.S. economic Cabinet post for the first time in eight years.
Mnuchin, who was Trump's presidential campaign finance chairman, could be named as early as Wednesday, said a Republican source close to the decision.
Mnuchin was chosen over several high-profile candidates, including JPMorgan Chase Chairman Jamie Dimon and Republican Representative Jeb Hensarling, chairman of the powerful House Financial Services Committee.
Mnuchin is the first person with Wall Street experience to head the Treasury since his former boss, Henry Paulson, the former Goldman Sachs CEO who served under President George W. Bush and steered Treasury through the chaotic initial stages of the 2008-2009 financial crisis.
The selection of Mnuchin was first reported by The New York Times.
A relatively little-known but successful private equity investor and hedge fund manager, Mnuchin spent 17 years at Goldman Sachs before leaving in 2002, when he launched Dune Capital Management.
With Dune, Mnuchin has invested in movies produced by Rupert Murdoch's 20th Century Fox and Time Warner Inc's Warner Bros, including blockbusters "Avatar," "Mad Max: Fury Road" and "Suicide Squad.”
ACQUIRED FAILED BANK
The son of a Goldman Sachs partner who became an art dealer, Mnuchin worked hard to step outside his father's shadow and make a name for himself, former colleagues said, rising to become the firm's chief information officer in 1999.
"He wanted to prove that he was there on the merits," said a former Goldman colleague, who spoke on condition of anonymity.
Mnuchin's experience running Goldman's mortgage-backed bond trading desk would later prove valuable when an opportunity arose in 2009 to buy the deeply discounted assets of failed California mortgage lender IndyMac Bank from the Federal Deposit Insurance Corporation during the financial crisis.
He assembled an investor group that included hedge fund manager John Paulson to buy the assets for $1.55 billion, and moved to Los Angeles.
After rebranding the operation OneWest Bank, Mnuchin built it with other assets and professional sports team sponsorships into Southern California's largest bank, with 73 branches and $23 billion in assets. His group sold OneWest to CIT Group Inc last year for $3.4 billion.
But the bank came under fire for its foreclosure practices as housing advocacy groups accused it of being too quick to foreclose on struggling homeowners. In 2011, dozens of demonstrators descended on Mnuchin's $26.5 million home in the wealthy Bel Air neighborhood to protest OneWest's eviction tactics, according to the Los Angeles Times.
This month, two housing groups filed a complaint asking the U.S. Department of Housing and Urban Development to investigate complaints that OneWest engaged in discriminatory "redlining" practices against black and Latino communities.
Although Mnuchin has a reputation for being a behind-the-scenes player in Hollywood, he does appear on screen in the 2016 film "Rules Don't Apply," according to the IMDB movie database. The drama, opening in theaters Nov. 23, stars Warren Beatty, who also wrote and directed the film.
(Fixes headline.)
(Additional reporting by Steve Holland, Svea Herbst and Lisa Richwine; Editing by Alistair Bell, Mary Milliken and Jonathan Oatis)
FOLLOWING THE CRIMES OF BILL AND HILLARY CLINTON BECOMES AMERICA’S ROAD TO REVOLUTION

 

http://mexicanoccupation.blogspot.com/2016/10/bill-and-hillary-clintons-global.html


Transcripts released by WikiLeaks of Clinton speeches to Wall

Street bankers, for which she received six-figure paychecks,

show her praising the recommendations of the 2010 Simpson-

Bowles deficit-reduction commission, which called for sweeping

cuts to Social Security, Medicare and Medicaid; the elimination

of 200,000 federal jobs; a tax on employees’

 Wikileaks exposed!



BARACK OBAMA AND THE GOLDEN AGE OF CRONY BANKSTER LOOTING…. And not one went to prison!

FOR 8 YEARS BARACK OBAMA’S BANKSTER CRONIES AT CITIGROUP RULED AMERICA’S ECONOMY AND LOOTED IT INTO A DEPRESSION

“Citigroup’s recommendations came just three days after then-President George W. Bush signed into law the Troubled Asset Relief Program, which allocated $700 billion in taxpayer money to rescue the largest Wall Street banks. The single biggest beneficiary was Citigroup, which was given $45 billion in cash in the form of a government stock  purchase, plus a $306 billion government guarantee to back up its worthless mortgage-related assets.”

MUCH MORE HERE:


“As president, Obama not only funneled trillions of  dollars to the banks, he saw to it that not a single leading Wall Street executive faced prosecution for 
the orgy of speculation and swindling that led to the financial collapse and Great Recession, and he personally intervened to block legislation capping 
executive pay at bailed-out firms.”

“So when Clinton was hobnobbing with  Goldman Sachs CEO Blankfein in 2013, while  investigations of wrongdoing by Goldman and the other Wall Street banks were still ongoing, she was consorting with a man who belonged in prison.”

ECONOMYNEWS
What to Know About Steven Mnuchin, Trump’s Pick for Treasury
Fred Lucas / @FredLucasWH / November 30, 2016 / comments
http://dailysignal.com/wp-content/uploads/161130_Treasury_Mnuchin_Lucas-1250x650.jpg
Steven Mnuchin, the president-elect's choice to run the Treasury Department, arrives Nov. 30 at Trump Tower in New York City. (Photo by Albin Lohr-Jones /ABACA USA/Newscom)
Though not a widely known quantity in Washington, Steven Mnuchin, President-elect Donald Trump’s choice for treasury secretary, has had a seasoned career in high finance, in Hollywood, and, most recently, as finance chairman of the Trump campaign.
“I am honored to have the opportunity to serve our great country in this important role,” Mnuchin, 54, said in a formal statement. “I understand what needs to be done to fix the economy. I look forward to helping President-elect Trump implement a bold economic agenda that creates good-paying jobs and defends the American worker.”
Mnuchin reportedly has a net worth of $40 million.
If confirmed by the Senate, Mnuchin, a former Goldman Sachs partner who has donated heavily to Democrats in the past and once worked for liberal financier George Soros, will play a significant role in much of Trump’s agenda regarding tax policy, trade deals, and infrastructure ambitions, among other policies.
Bottom of Form
“Steve Mnuchin is a world-class financier, banker and businessman,” @RealDonaldTrump says.
“Steve Mnuchin is a world-class financier, banker, and businessman, and has played a key role in developing our plan to build a dynamic, booming economy that will create millions of jobs,” Trump said in a statement. “His expertise and pro-growth ideas make him the ideal candidate to serve as secretary of the treasury.”
Here are five major things to know about Mnuchin:
1. Second Generation at Goldman Sachs
His father, Robert Mnuchin, was a top trader at Goldman Sachs, an investment banking, securities and investment management firm. The elder Mnuchin later became an art dealer. Like his father, Steven Mnuchin joined the powerful financial firm at age 22, and stayed for 17 years. He left the firm in 2002.
At Goldman, the younger Mnuchin oversaw trading in government securities, mortgages, money markets, and municipal bonds. He rose to be the chief information officer.
Goldman Sachs is widely known for its political influence in both parties. If confirmed, Mnuchin would be the third secretary of the Treasury Department to have worked for the firm. President Bill Clinton’s treasury secretary, Robert Rubin, and President George W. Bush’s treasury secretary, Hank Paulson, were both former Goldman Sachs executives.
During the presidential campaign, Trump occasionally threw verbal jabs at his opponents for connections to Goldman Sachs, first at Texas Sen. Ted Cruz during the Republican primary and later at former Secretary of State Hillary Clinton during the general election.
2. George Soros Connection
After departing Goldman, Mnuchin went to work for SFM Capital Management, a firm backed by billionaire George Soros, known for bankrolling liberal causes and candidates. Mnuchin later worked directly for Soros Fund Management. During the 2016 campaign season, Soros donated heavily to Priorities USA Action, a pro-Hillary Clinton super PAC.
It is not clear from news reports how close Mnuchin and Soros were, if at all.
In 2004, Mnuchin departed to start his own hedge fund, Dune Capital Management. Bloomberg News reported that Dune “got hundreds of millions of dollars from Soros.” Dune invested in at least two Trump projects, one in Waikiki, Hawaii, and another in Chicago, according to Bloomberg News.
3. Democratic Donor
Mnuchin contributed thousands of dollars to the presidential campaigns of both Hillary Clinton and Barack Obama in the 2008 election cycle, to John Kerry’s presidential campaign in 2004, and to Al Gore’s 2000 presidential campaign, as well as to numerous congressional Democrats, according to the Center for Responsive Politics, which tracks political donations.
He also gave to several Republican candidates, including Mitt Romney’s presidential campaign in 2012. But prior to 2012, donations to Democrats far outweighed those to Republicans.
Mnuchin told Bloomberg News the Democratic donations were mostly favors to friends who were Democratic fundraisers.
He contributed $1,000 to Clinton’s U.S. Senate campaign in New York in 2000. He also donated $1,000 to the presidential campaigns of Democrats Gore and Bill Bradley, who were competing against one another in the party’s primary that year. That same year, he also contributed $1,000 to Republican Steve Forbes’ presidential campaign.
Mnuchin contributed $2,000 to Obama’s U.S. Senate campaign in Illinois in 2004, when he also gave $500 to Kerry’s presidential campaign.
Also in 2004, he contributed $10,000 to the Democratic Senatorial Campaign Committee.
In 2007, leading up to the 2008 Democratic presidential primary, Mnuchin contributed $2,300 to Obama’s campaign and another $2,300 to Clinton’s campaign.
But he also gave the maximum $2,300 to Romney’s campaign in the 2008 Republican presidential primary.
During the 2012 cycle, Mnuchin mostly contributed to Republicans. He donated $2,500 to Romney’s primary campaign and another $2,500 to his general election campaign. He donated $12,500 to the Republican National Committee in 2012, according to the Center for Responsive Politics.
In the 2016 cycle, though Mnuchin gave $2,000 to the U.S. Senate campaign of Democrat Kamala Harris in California, he also gave $100,000 to the Republican National Committee. He gave $2,700 to Trump’s presidential campaign.
4. Blockbuster Films
Mnuchin teamed with filmmaker Brett Ratner and businessman James Packer to form RatPac-Dune Entertainment. He first founded Dune Entertainment, which merged with Ratner and Packer’s RatPAC Entertainment.
The company produced successful films such as “Avatar,” which grossed $2.8 billion worldwide, “American Sniper,” “Max Max: Fury Road,” and the “X-Men” series of movies.
5. OneWest Bank Controversy
Trump praised what might end up being a target for Democrats during Mnuchin’s confirmation process.
“He purchased IndyMac Bank for $1.6 billion and ran it very professionally, selling it for $3.4 billion plus a return of capital,” Trump said of Mnuchin in his statement. “That’s the kind of people I want in my administration representing our country.”
Mnuchin, with partners, bought IndyMac Bank in 2009 and renamed it OneWest Bank Group. He served as its CEO. The bank had some clashes with California housing advocates. Mnuchin and other investors sold OneWest to CIT Group in 2015.
IndyMac Bank had been taken over by the Federal Deposit Insurance Corp. over allegedly sketchy mortgage practices during the housing crisis, according to National Public Radio.
Kevin Stein, deputy director of a housing advocacy group called the California Reinvestment Coalition, told NPR that under Mnuchin, OneWest continued to be a “foreclosure machine.”
As Trump said, investors bought the bank cheap and sold at a profit. But Stein said the bank foreclosed on 36,000 homes under Mnuchin. The FDIC paid OneWest $1 billion, which Stein said went to “billionaire investors … to cover the close of foreclosing on working class, everyday American folks.”
Such rhetoric from Stein could likely be picked by Senate Democrats during the confirmation process.