By Bill Maher
Trump won in part by masquerading as an anti-Wall Street guy, the orange Bernie Sanders. He said, unlike Ted Cruz and Hillary Clinton, who were owned by Goldman Sachs, “I want to save the middle class… the hedge fund guys didn’t build this country. These are guys that shift paper around and they get lucky.” He said, “The hedge fund guys are getting away with murder. They’re making a tremendous amount of money. They have to pay taxes.”
Exactly one week after the election, Trump ditched the press corps to eat at The 21 Club in midtown Manhattan. An NBC News correspondent took a cell phone video of what he told the other rich diners, though, as he shook their hands: “We’ll get your taxes down – don’t worry about it.”
Since then, he’s appointed a treasury secretary (Mnuchin), chief economic adviser (Gary Cohn), top political strategist (Bannon), and SEC chair (Jay Clayton) who all worked for Goldman Sachs. He nominated a billionaire banker (Wilbur Ross) for secretary of commerce, and filled his other cabinet slots with various oil and business tycoons.
His legislative agenda with Paul Ryan focuses on repealing Obamacare – which would cut the average millionaire’s taxes by $36,310 a year; tax reform, which would save them much, much more; and gutting Dodd-Frank, which means they don’t have to play by the rules.
The forgotten man gets nothing, only the illusion that creating problems for immigrants with solve their own. They won’t – they’ll make them worse. One thing economists agree on: immigration keeps our economy growing. America’s baby makin’ days are pretty much over – we have to pick up the slack somehow.
But for any forgotten men and women out there who still doubt they’ve been conned, look at the stock market right now. According to economist Michael Madowitz, “Since election day, 5 finance stocks alone account for 42 percent of DOW gains, Goldman Sachs alone accounts for 25 percent of DOW gains.”
Trump and his cabinet aren’t making you rich, but you made them rich.