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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Politics

Politics

Donald Trump’s Wealthiest Administration; Is it What we Stand for?

Trump’s picks for administration have been making the rounds in the news lately, but is it for the right reasons? Let’s start with Gary Cohn, Trump’s future Chief Economic Policy Advisor. Before his appointment, he was Chief Operating Officer at Goldman Sachs where he worked for nearly twenty-five years.  Does the housing market crash ring a bell to anyone? Good, it should. What about Goldman Sachs admitting to defrauding investors during said crash? To be clear, that means Goldman Sachs lied to investors by closing deals based on false promises. Don’t worry, the company was heavily disciplined—a few fines were paid, and the rest was history.

Gary Cohn assumed the responsibility of overseeing and operating Goldman Sachs in a moral, law-abiding manner, but didn’t he know securities that were backed by unstable, likely-to-fail mortgages were being sold to investors? I call nonsense. And now this man is going to be responsible for overseeing the economic decisions for this country? Buckle up, America. Corruption here we come.

During his candidacy, Trump promised to “drain the swamp,” in order to keep focus on the “forgotten man.” However, his actions so far appear to be a gross deviation from that promise.

How does Trump defend his selections for his administration? With sports…obviously. “I want people that made a fortune because now they’re negotiating with you. It’s no different than a great baseball player or a great golfer.” Seriously? These people have no idea what it’s like to live like the ‘average American,’ so how can they understand what’s best for 99% of the population when they’re so deeply immersed in the top 1%? Seriously, I’d like to know.

Trump went on to say, “these people have given up fortunes of income…and they’re so proud to do it. In filling my cabinet, I’m looking for people who fully understand the meaning of service and who are committed to advancing the common good.” What a sacrifice these people have made! It must be awful to have billions of dollars and opt out of more money. Is he truly serious? 

Perhaps these people are committed to advancing the common good, but only time will tell that—and time is money, my friends. America: swampnation.


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