11/30/16
TRUMP’S BILLIONAIRES CLUB
Ah yes, that great champion of the
common man, billionaire mogul Donald Trump, whose foul mouth got him the
Presidency, “cause he tells it like it is,” has surrounded himself with
billionaires on his transition team.
Latest is Thiel, a PayPal cofounder and
Facebook board member. He joins Anthony Scaramucci, founder of SkyBridge Capital, Rebekah
Mercer, hedge fund heiress and 3 other billionaires.
Hey, a billionaire feels comfortable around fellow
billionaires!
And the cabinet appointments! Remember The Donald He railed against Wall Street, accusing
it of having caused “tremendous problems for us”
and vowing to stop it from ”getting away with murder.”
Well, The latest vulture capitalists to be
nominated for cabinet posts are billionaire Wilbur Ross, for secretary of commerece, who has made a fortune
cobbling together dying companies Ross and is the chairman of the private equity firm WL Ross & Co. and for Treasurer Secretary, Steven Mnuchin, a former partner at Goldman Sachs turned Hollywood producer who still has deep ties to Wall Street.
Another billionaire, Betsy DeVos, is his pick for
education secretary.
Other picks, while not billionaires, want to
dismantle the EPA, privatize Social Security, repeal Obamacare, cut back on
Medicare and Medicaid benefits, reigning in regulations on wall street and
corporations. Perhaps, most horribly, regulations on carbon pollution should be severly cut back they say. It is a reactionaries
dream team.
As William D. Cohan has written in Vanity Fair, “The biggest mystery underlying
the Trump phenomenon has been why more than 62 million Americans, many of whom
have legitimate beefs about the newfangled digital economy, decided to vote for
a billionaire who surrounds himself with other billionaires—many of whom
profited off the same factors that undergirded their misery. Why in the world
did they ever think that a billionaire reality-TV star who lives in a
pink-marble mausoleum high above Fifth Avenue, has mansions in Palm Beach,
Florida, and Bedford, New York, and flies around the country on his own private
757 would ever care one whit about them?”
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