Thursday, December 22, 2016

The Cabinet of Pirates

Donald Trump once suggested he wanted Carl Icahn to be his Treasury secretary. But with that job gone, he instead has tapped Icahn to serve as a special adviser on regulatory reform.
Icahn's been a corporate pirate for decades. He is as much a psychopath as "Chainsaw Al" Duncan, men who demolish companies in the name of "shareholder return".

Icahn has never given a fuck about anyone, especially the legions of workers who were "displaced" when he "maximized shareholder value." Look for him to recommend cutting regulations that protect those who earn paychecks.

The looting of the middle class continues, a process that began under St. Ronnie and continues apace. You can bet that while the press is following Trump's Twitter hot mess, that the GOP will race ahead with their plan to gut Social Security and Medicare.

Meanwhile:
According to a report by John King at CNN, the Trump transition team has been floating the idea of an executive order that would impose a 5% tariff on all imported goods soon after Trump takes office.
Smoot-Hawley, anyone? How'd that work out?

1 comment:

  1. Icahn wants the advisor post because it would NOT require him to dump his holdings. That being said, the conflict of interest minefield he'll be walking through is still insane. tRump's AM nuclear tweet makes another blogger's question even scarier..."what happens when a tRump property gets bombed?"

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