69 million page views

Fear not, Establishment Republicans: Trump is in your pocket

Reader comment on item: Does "#NeverTrump" Still Hold?

Submitted by Michael S, Dec 10, 2016 at 13:09

"Here are the people either currently working for Goldman Sachs or having worked for them in the past whom Trump has already named to work with him:

1. National Economic Council Director: GS COO Gary Cohn
2. Treasury Secretary: Steven Mnuchin
3. Senior advisor: Steve Bannon
4. Top transition advisor: Anthony Scaramucci"

-- http://www.dailywire.com/news/11488/drain-swamp-goldman-sachs-now-dominates-trump-hank-berrien

Instead of getting passports, maybe we should now be issued passbooks instead. Let's see, how much is in John Q. Taxpayer's account:

Our current national debt is approaching $20,000,000,000,000. Does that seem big? (It is, VERY big). Unfortunately, that isn't all that we taxpayers are in hock for: The debt is essentially money given to the banks (like Goldman Sachs), essentially FOR FREE. This money is then used to LEVERAGE risky loans by the banks: For every dollar the bank gets from the Treasury, it can lend out, say, $10. Since this loan must be repaid, either by the poor home buyer or by the US taxpayer (who has graciously stood surety for the debt via Federal insurance), will have to cough up the full $10 when the loan defaults -- so the $20,000,000,000,000 is more like $200,000,000,000,000.

"It is estimated that total derivative exposure of the financial system is one and a half quadrillion. A quadrillion is 1,000 trillion dollars and it has largely collapsed. The entire Gross Domestic Product (GDP) of all the world's countries is approximately 77 trillion dollars. GDP is an economic term for everything that is produced for sale. The American middle class, through the bail outs, is being asked to bear the burden of the entire derivatives market collapse which totals over 16 times the net value of the entire planet. No amount of bailouts can ever cover the loss. This is simply the bankers way of transferring what is left of middle class wealth before the final collapse."

-- http://www.thecommonsenseshow.com/2016/10/03/the-global-economic-crash-is-imminent-are-you-prepared/

That's just yet another way of saying that our goose is cooked... and one of the biggest connoisseurs of cooked goose in the world, these past many decades, has been Goldman Sachs -- whose employees our President-elect has chosen (like Obama and his predecessors before him) to give him advice and control the US phoney economy.

By the way, don't grieve too deeply for the USA -- the rest of the world is actually in worse shape; and "Economic Miracle" China may soon be in the worst shape of all.

Trump in the White House? Clinton in the White House? Either way, it's actually "Goldman Sachs in the White House". Do you trust this fox to guard the hen house? It's better to trust in something of real value:

Mark 10:
[17] And when he was gone forth into the way, there came one running, and kneeled to him, and asked him, Good Master, what shall I do that I may inherit eternal life?
[18] And Jesus said unto him, Why callest thou me good? there is none good but one, that is, God.
[19] Thou knowest the commandments, Do not commit adultery, Do not kill, Do not steal, Do not bear false witness, Defraud not, Honour thy father and mother.
[20] And he answered and said unto him, Master, all these have I observed from my youth.
[21] Then Jesus beholding him loved him, and said unto him, One thing thou lackest: go thy way, sell whatsoever thou hast, and give to the poor, and thou shalt have treasure in heaven: and come, take up the cross, and follow me.
[22] And he was sad at that saying, and went away grieved: for he had great possessions.
[23] And Jesus looked round about, and saith unto his disciples, How hardly shall they that have riches enter into the kingdom of God!
[24] And the disciples were astonished at his words. But Jesus answereth again, and saith unto them, Children, how hard is it for them that trust in riches to enter into the kingdom of God!
[25] It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God.

These are the riches we should trust in:

Luke 14:
[13] But when thou makest a feast, call the poor, the maimed, the lame, the blind:
[14] And thou shalt be blessed; for they cannot recompense thee: for thou shalt be recompensed at the resurrection of the just.

Goldman Sachs has the dubious honor of being the Head Lemming in our civilization's suicidal charge off the cliff; and the President and all his men are right behind him, followed by the Establishment. It's time to avoid lemmings.

Submitting....

Note: Opinions expressed in comments are those of the authors alone and not necessarily those of Daniel Pipes. Original writing only, please. Comments are screened and in some cases edited before posting. Reasoned disagreement is welcome but not comments that are scurrilous, off-topic, commercial, disparaging religions, or otherwise inappropriate. For complete regulations, see the "Guidelines for Reader Comments".

Comment on this item

Mark my comment as a response to Fear not, Establishment Republicans: Trump is in your pocket by Michael S

Email me if someone replies to my comment

Note: Opinions expressed in comments are those of the authors alone and not necessarily those of Daniel Pipes. Original writing only, please. Comments are screened and in some cases edited before posting. Reasoned disagreement is welcome but not comments that are scurrilous, off-topic, commercial, disparaging religions, or otherwise inappropriate. For complete regulations, see the "Guidelines for Reader Comments".

See recent outstanding comments.

Follow Daniel Pipes

Facebook   Twitter   RSS   Join Mailing List

All materials by Daniel Pipes on this site: © 1968-2022 Daniel Pipes. daniel.pipes@gmail.com and @DanielPipes

Support Daniel Pipes' work with a tax-deductible donation to the Middle East Forum.Daniel J. Pipes

(The MEF is a publicly supported, nonprofit organization under section 501(c)3 of the Internal Revenue Code.

Contributions are tax deductible to the full extent allowed by law. Tax-ID 23-774-9796, approved Apr. 27, 1998.

For more information, view our IRS letter of determination.)