1

Alternative Visions – The Trump-Goldman Sachs Tax Cut Proposal – 09.29.17

Dr. Rasmus dissects the Trump tax proposal of this past week, crafted by Goldman Sachs investment bankers, Steve Mnuchin (Treasury Secretary) and Gary Cohn (head of economic council). Rasmus explains how it is the latest in a long line of neoliberal tax proposals since 1981, which are designed to shift income to businesses, investors and wealthy households at the expense …

1

Ruth Milka – Treasury nominee’s bank was accused of “widespread misconduct” for their role in foreclosure crisis

According to newly released documents published by The Intercept, OneWest Bank, which was ran by Trump’s treasury secretary nominee, Steven Mnuchin, from 2009 to 2015, repeatedly broke laws in California during the foreclosure crisis.  Although a suit was never brought against the company, the memo states that California’s attorney general “uncovered evidence suggestive of widespread misconduct.” OneWest is a delightful …

1

Nika Knight – Sanders and Dems Demand Betsy DeVos Pay $5.3 Million Fine for Campaign Finance Violations

Betsy DeVos, President-elect Donald Trump’s Education Secretary pick, “brazenly disregarded” Ohio election laws, says a group of Democratic senators led by Sen. Bernie Sanders (I-Vt.). Those senators, including Tom Udall (D-N.M.), Sherrod Brown (D-Ohio), Jeff Merkley (D-Ore.), and Edward J. Markey (D-Mass.), are demanding in an open letter that DeVos pay the $5.3 million fine levied by the state in …

1

Peter Dreier – Steve Mnuchin: Evictor, Forecloser, And Our New Treasury Secretary

Above Photo: AP Photo/Carolyn Kaster. Steven Mnuchin, national finance chairman of President-elect Donald Trump’s campaign, arrives at Trump Tower, Monday, November 21, 2016 in New York, to meet with President-elect Donald Trump. Trump’s appointee is the very model of a predatory lender. Throughout his presidential campaign, Donald Trump criticized Wall Street bankers for their excessive political influence and attacked hedge-fund managers …

1

BEN WHITE – Bankers celebrate dawn of Trump era

NEW YORK — Christmas has arrived early for Wall Street in the early days of the Donald Trump era. A populist candidate who railed against shady financial interests on the campaign trail is now putting together an administration that looks like an investment banker’s dream. Former Goldman Sachs banker Steven Mnuchin has been seen at Trump Tower amid rumors that …

obama

Gareth Porter – Obama Buys False Iran Narrative

I’m glad that the United States and Iran reached an agreement in Vienna after nearly two years of negotiations and 35 years of enmity. A failure to do so under present political conditions would certainly have left a festering conflict with unpredictably bad consequences. And the successful negotiation of such a far-reaching agreement in which both sides made significant concessions …

FBI

Does Wall Street Call the Shots at the FBI? – Pam Martens and Russ Martens

It is clear to most Americans that Wall Street’s financing of presidential and congressional campaigns is creating too many pals wearing blindfolds about epic corruption on Wall Street. The President, subject to Senate confirmation, selects the U.S. Treasury Secretary, the Chair of the Federal Reserve, the Chair of the Securities and Exchange Commission – all of whom regulate Wall Street, …