The White House Sack-Race Continues: Secretary of State Tillerson sacked, because Trump is a ‘moron’!

The former Exxon-Mobile CEO and Russian Friendly Businessman Rex Tillerson was lucky enough to have 13 months as the Secretary of State. The Secretary of State had just left from meeting with Kenyan President Uhuru Kenyatta before his supposed travel to Western Africa and Sahel Region for the Security issues there, as well as the partner-states of the AFRICOM there. After visiting, Djibouti, Ethiopia and Kenya. Clearly, the Secretary never got the chance.

Not like the White House in this day and age, that people expect to have the positions for long. This is just over 30^th people who has left the West Wing since January 2017. The turnover rate of appointed officials is huge and insane. But that is the way the stable genius works apparently. I was skeptic to the appointment of him, he seemed like the guy to circumvent the sanctions and be able to bring Exxon-Mobile and Gazproom into business. To make sure the oil dealing could happen.

While the big-shot Rex Tillerson was fired, the same happen to the President’s own assistant John McEntee, who was escorted out. Together with the resignation of Communication Director Hope Hicks and Chief Economic Financial Advisor Gary Cohn. The last few days has been brutal in regards to staff. This is just a little group of the people who has left the building. The stability of the administration is such a pale state, you would be worried if a I-Hop would lose this much of staff and had to recruit and train. You would be worried as a costumer if you knew the turnover at the particular shop was this big.

Tillerson, a man of 13 months, what did he do? Other than getting ridicule and being mocked by the President. This happens hours after he was in Kenya, but also after commenting on the spy-scandal in the United Kingdom. Where Tillerson said the Russians was involved in the poisoning of the spy. This is something that was countering the White House. Because the White House will not directly blame the Russians. Hence, since Tillerson went outside his safe space, he now lost his job. That is how it looks like.

Somehow, when writing about the White House, the Russian involvement always come snickering out of the wood-works, or in the sense of the Trump Administration. Out of the Tanning machine on the second floor. Tillerson was unaware of the firing, just like former FBI director James Comey was, as he was in Los Angeles for function of some kind. Now Tillerson came home early to Washington, since he canceled parts of his Africa trip. Clearly, the pressing issues was there, but he couldn’t solve it or Trump had cheerios on his mind.

What we do know, he has somebody to exchange him with CIA’s Mike Pompeo. One of his favorites. We will wonder how long he will in Trump’s graces, since fires and hires willi-nilly and isn’t hesitating.

Tillerson didn’t deliver for his former oil-company, you can wonder what he has achieved. Since the State Department hasn’t hired the needed staff in many regions. Therefore, not getting the knowledge or relationships needed to deliver the program of the staff there. But we are forgetting, in the Trump Administration, it is only Trump that matters. Not the state, nothing else. Making America Going Apeshit. That is what is happening.

Know that the Trump administration has no currently functioning State Department. They have a new head, but he will be clueless for while. Not like after 13 months Tillerson achieved anything. The reason is Trump and the leadership he has, with is praising his ego and nothing else. Peace.

Most likely offending the Don with this statement, aye?

Opinion: Who will plead the fifth? Sorry, my bad, who want to be hired as the White House Communication Director now?

Yesterday, yet another White House Communication director resigned, the White House under the Presidency of Trump is weird. It is chaotic and this being bluntly. Now that the longest serving Communication Director Hope Hicks resigned, we know that the position isn’t any good. That is evident with the frequent changes of the position. Not weird as well, those incoherent messages of policy must be hectic for someone assigned to spread the information from there.

With that in mind that Michael Dubke, Sean Spicer and Anthony Scaramucci, all came and went. They all served in capacity, the one that we know the least about is Dubke, who was Priebus affiliate and worked in Right Wing Media in the past. Spicer came through the Republic party, while Scaramucci seemed more like a golfing-buddy turned apprentice at the White House. While the hiring of Hicks, was another fellow associate and employee directly from the Trump Organization.

Therefore, that she resigns is a sign of lost hope, after the public defence of boyfriend Rob Porter, and now questioned in the Russian Probe for 8 hours. Clearly, the pressure within the White House is hot. She was in an impossible position, where she couldn’t win. That was evident, with her history with Trump and her close association through business and campaigning. Therefore, if someone knows the real Trump, the man, the self-made legend in his own mind. Hicks would know by the years spent at the Trump Tower and by his side.

These other Communications Directors have not had this standing, they have not had the previous history, even if Scaramucci want to profess of his genuine friendship with him Like that is it, when he was hired and fired, quicker than toast of bread. It amazing that this shortly into his term, that he has 4 Communications Directors and so much changes of staff. It isn’t strange that many lacks Security Clearances and whatnot, they don’t get the time to even scrutinize the forms before the government agencies can dispense what sort of clearance they need or can get.

That Trump who promised to bring the best and brightest, clearly cannot pick them out of bucket, he just brings friends, cronies and family into it and hope they will solve the issues he creates. That is how it looks from the outside. It doesn’t look like a steady ship, it looks like it is sinking and with no moral authority, what so ever.

We can wonder if General John Kelly, the Chief of Staff will have any say in the newly open position or if any suitable candidate want to get there. By now it’s seemingly a position no one should want, because Trump destroy and deflect, lies and deceive anyone for his personal benefit. Therefore, if you want to walk on eggshells and trade his water, you should go there, but if you want a job worth having. Get hired somewhere else.

If there was someone out there who wanted this now, it must the likes of Katrina Pierson, Kayleigh McEnany or even Tomi Lahren. These are the ones who is suitable to be hired and fired, quickly one by one. Therefore, they can continue to spread the narrative and let Sarah Huckabee-Sanders continue to lie in public, just like her boss. It says a lot about the state of affairs, when individuals like these comes to mind, when you are thinking of someone to replace Hicks. Because any ordinary person doesn’t want to be in the line of fire, any ordinary person don’t want to be in a place where you know your days are numbered. It is just a matter of time, before your cut loose, just like the rest of them.

Now we can just wait and see, who will plead the fifth? Sorry, who will be the fifth Communication Director at the White House under President Trump. Peace.

White House Chief of Staff Memo from John Kelly to McGahn, Hagin, Sessions, Coats and Wray – “Re: Improvements to the Clearance Process” (16.02.2018)

Opinion: US Code might allow the White House to Appoint Trump Family Members, but it’s doesn’t make it less questionable!

“3 U.S. Code § 105 – Assistance and services for the President: (e) Assistance and services authorized pursuant to this section to the President are authorized to be provided to the spouse of the President in connection with assistance provided by such spouse to the President in the discharge of the President’s duties and responsibilities. If the President does not have a spouse, such assistance and services may be provided for such purposes to a member of the President’s family whom the President designates” (Cornell Law School).

I don’t know about you, but it’s just one of these days, where you see entitlement in the New York Gang or the Trump Administration. This was made and prepared for the President Donald J. Trump, as he was swearing-in and starting his term. Because the Office of Government Ethics (OGE), who is in-charge of checking and making the sure the personnel and staff is following the codes and procedures for their roles in government. Seriously, the OGE Lawyer worked the laws in his favor, even when I struggle to see it. My first question after reading the US Code 105 Title 5(d), did the President loose his wife? Therefore, because of his tragic loss, he needed counsel from son-in-law Jared Kushner and oldest daughter Ivanka Trump inside the White House. How can you spell the code wrong, “If the President does not have a spouse”. True she was in New York the first months of the Presidency. Still, she was still his spouse, meaning that “he had”. But before I rant, take a look into key parts of the reasoning for the appointments of his family inside the White House!

“Section 3110 of title 5, also known as the anti-nepotism statute, states that “[a] public official may not appoint, employ, promote, advance, or advocate for appointment, employment, promotion, or advancement, in or to a civilian position in the agency in which he is serving or over which he exercises jurisdiction or control any individual who is a relative of the public official.” 5 U.S.C. § 3110(b). The statute expressly identifies the President as one of the “public official[s]” subject to the prohibition, and a son-in-law is a covered “relative.” Id. § 3110(a)(2), (a)(3). Moreover, under Article II of the Constitution, the President exercises “jurisdiction or control” over the White House Office as well as over the rest of the Executive Branch. See Myers v. United States, 272 U.S. 52, 163–64 (1926); Inspector General Legislation, 1 Op. O.L.C. 16, 17 (1977). Less certain is whether the White House Office is an “agency”—a term that section 3110 defines to include an “Executive agency,” thereby calling up the definition of “Executive agency” generally applicable to title 5, see 5 U.S.C. § 3110(a)(1)(A); id. § 105. But whether or not the White House Office meets this definition (a subject to which we will return in Part II, infra), we believe that the President’s special hiring authority in 3 U.S.C. § 105(a) permits him to make appointments to the White House Office that the anti-nepotism statute might otherwise forbid” (Koffsky, P:2, 2017).

“A President wanting a relative’s advice on governmental matters therefore has a choice: to seek that advice on an unofficial, ad hoc basis without conferring the status and imposing the responsibilities that accompany formal White House positions; or to appoint his relative to the White House under title 3 and subject him to substantial restrictions against conflicts of interest. Cf. AAPS, 997 F.2d at 911 n.10 (declining, after holding that the First Lady qualifies as a “full-time officer or employee” of the government under FACA, to decide her status under the conflict of interest statutes). In choosing his personal staff, the President enjoys an unusual degree of freedom, which Congress found suitable to the demands of his office. Any appointment to that staff, however, carries with it a set of legal restrictions, by which Congress has regulated and fenced in the conduct of federal officials” (Koffsky, P: 16-17, 2017).

I will not jumping jacks around this OGE Lawyer Koffsky, but office that is run by the President is an Executive Office, that issues Executive Orders and Executive Memorandums. That if followed by current law and within provisions within the state because legal and acts that all citizens has to follow. To subject the White House into a sublime role of the state is demeaning, even if he needs support of the branches of government like the Courts and Congress. But that doesn’t make the White House into a playhouse for playboy bunnies, its the place where executive orders and legal minds meet to determine the future of the Republic. It’s insulting that Koffsky is belittling the office and the White House, so it fits legally President role and his ability to appoint family members.

Yes, the President is allowed to seek advice and that ad-hock with family members. That is without doubt, but that is different ones in while speak with an uncle in Louisiana before making a decision that matters for both United States and the World itself. There is problematic to hire family into the White House, as their supposed restrictions and the boundaries of their roles. Since the family bond will not be cut, but be ever present in the decision making.

That Jared Kushner is a Public Official is clear with his title and responsibilities, as a Senior Advisor to the President, who is working on American Innovation, Peace in the Middle East and combating the Opioid crisis in the United States. Ivanka Trump is by title the Assistance to the President. Both of them has had a public role and been acting as Public Officials. They have been there, traveling with the President and even taking his place when he was tired or wanted to relax. Like Ivanka Trump did during the G-20 in July 2017, when the not-elected family member took the seat G20 Leaders Table. So her assistance goes further than ordinary public officials. Since, this sort of role would usually end on Secretary of State and the Vice-President. However, it isn’t the case in the matter of Trump Family.

“Enforcement. While the statutory language bars the appointment of relatives as well as the acceptance of such appointments, enforcement of the prohibition may be limited. The remedy expressly provided for violating this prohibition states that the appointed individual “is not entitled to pay, and money may not be paid from the Treasury as pay” for that person. The statute itself does not require nor does it provide expressly for removal of the individual from the federal civilian position. As noted above, the provision was directed at stopping the practice of placing relatives on the government payroll, and thus the law assures that a relative so appointed may not be paid from federal funds for any such service. The statute likewise does not provide a penalty for the public official who appointed the individual. However, it may be noted that for some rank-and-file positions, not of a confidential or policy making nature, the appointment of a relative may involve a “prohibited personnel practice” by the appointing official” (CRS Report & Analysis, 2016).

Here is another one giving leeway for the possible hiring of Jared Kushner and Ivanka Trump, that is if they are in their roles unpaid and with ranks. Even, that is an issue with the role of the Senior Advisor Kushner and all his positions, even the clearances he needs to be able to fulfill his duty at the White House. Ivanka has also been part of the close-knitted leadership of his fathers. She been part of meetings and such. So both of them has been have been close to confidential material most likely, as they work so close with their relative, the President.

Just like covered in People Magazine in January 2017: “Though Kushner’s appointment does not require Senate confirmation, it is a controversial one: Anti-nepotism laws forbid the hiring of relatives to Cabinet positions, but are less clear on whether they can be appointed to White House staff roles. In American history, anti-nepotism laws are actually a relatively recent development: They were put into place in 1967 by then-President Lyndon B. Johnson not long after one of his predecessor’s appointments raised eyebrows” (Pearl, 2017).

So even if the law and the Anti-nepotism law are put in place to accept family members in White House roles. Still, the nepotism is in full affect. There is no half-step on that. The United States should have a hard time accepting the appointment of Jared Kushner and Ivanka Trump as Senior Advisor and Assistant to the President. All of this has entitled them and given them a special role in the Executive Office of the United States. What is clear by the U.S. Code 105, title 5(d) and will always stand out for the provision in the code that said this: “If the President does not have a spouse, such assistance and services may be provided for such purposes to a member of the President’s family whom the President designates”.

The President has a spouse, his third wife, Melanie, therefore he doe not need such assistance and services. Instead, they are using the titles in the anti-nepotism statutes, they can most likely not be as valuable as these words. However, Koffsky wrote this: “or to appoint his relative to the White House under title 3 and subject him to substantial restrictions against conflicts of interest”. These words are saying that its set substantial restrictions to the office, even as the President has let them be a vital part of his term, Kushner is nearly saving half of America and the Middle-East. Ivanka is publicly part abroad and in Washington. It’s not like they are restricted in that manner, but creating conflicts of interests. That should worry anyone caring about the honest of the public office.

Therefore it was striking what Jason Chafetz said in January 2017: “According to Josh Chafetz, a professor at Cornell Law School and an expert in constitutional law and legislative procedure, the White House is not regulated in the same way as other administrative agencies. “The bigger issue for the administration is not so much about the technical bounds of these nepotism laws, but it just looks bad,” Chafetz said. “I don’t think there’s anything legal that can be done in terms of the appointment. It just looks like there’s a pattern of cronyism that has emerged, especially in conjunction with the cabinet appointments.” (Delkic & Mallin, 2017).

It’s enough. Peace.

Reference:

Koffsky, Daniel L. – ‘Application of the Anti-Nepotism Statute to a Presidential Appointment in the White House Office’ (20.01.2017)

Cornell Law School – ‘U.S. Code › Title 3 › Chapter 2 › § 105’ link: https://www.law.cornell.edu/uscode/text/3/105

CRS Report & Analysis – ‘The Federal Anti-Nepotism Statute: Limits on Appointing, Hiring, and Promoting Relatives’ (12.01.2016) link: https://fas.org/sgp/crs/misc/nepotism.pdf

Delkic, Melina & Mallin, Alex – ‘Nepotism Laws Don’t Apply to Jared Kushner Appointment, DOJ Says’ (21.01.2017) link: http://abcnews.go.com/Politics/nepotism-laws-apply-jared-kushner-appointment-doj/story?id=44951811

Pearl, Diana – ‘Donald Trump’s Son-in-Law Has Hillary Clinton to Thank for Skirting JFK-Inspired Nepotism Rules’ (11.01.2017) link: http://people.com/politics/jared-kushner-nepotism-laws-donald-trump/

USA: Durbin Calls On Illinois to Refuse Request to Release Illinois Voter Files To Trump Commisson on Voter Fraud (03.07.2017)

USA: Attorney General Frosh Statement on Request for Personal Information of Maryland Voters (03.07.2017)

Nepotism102: Family Matters – Jared Kushner and Ivanka’s role in the White House!

“It is only with the development of political institutions like the modern state that humans begin to organize themselves and learn to cooperate in a manner that transcends friends and family. When such institutions break down, we revert to patronage and nepotism as a default form of sociability.”

― Francis Fukuyama

Well, President Donald J. Trump cannot handle being ordinary or being honest. He has to lie and deceive, it is in his nature and his past. Therefore, he can like a buffoon blaming the Clinton for having a private e-mail server, while he has sensitive information and such on an android. So, it is not like the President himself is a careful as he should be. Not that he really cares. He never cared about anything else than his own bloated image.

President Trump, the so-called Conservative Republican, has gone and done a few unthinkable things. First he used his sons and oldest daughter as part of the transition team, as well as the sons of Vice-President Mike Pence and later hired Security Official Mike Flynn, who was all part of the team! Well, for Donald that is not enough, his bar for nepotism isn’t big-wig enough.

His little trust in other people and his own judgment was so weak he had to have his son-in-law Jared Kushner and daughter Ivanka Trump at the meeting of the Japanese Prime Minister Shino Abe. As the New York Times wrote: “After Mr. Trump’s transition office was asked by The New York Times about allowing Ms. Trump to attend the meeting with the Japanese prime minister, an individual close to the family, who said she did not have authorization to provide her name, hinted that Ms. Trump would not be attending meetings like this in the future” (…) “Mr. Trump has always encouraged Ivanka and his children to attend meetings with him,” the person close to the family said. “This meeting in question was very informal. However, they obviously need to adjust to the new realities at hand, which they will” (Lipton, 2016).

Still, this has not stopped the family matters to become State matters. Something that should worry the world and Americans, as the entangled and the inter-state affairs colluding with personal business, can likely happen. Since the Trump family doesn’t care about ethics or general conduct as long as the striving companies they are running is gaining profits.

In January the Son-in-Law was hired by the President to an advisory role:

“Mr. Kushner has been described by numerous transition staff members as the first among equals in Mr. Trump’s high command. His new title belies the sweeping influence he will have behind the scenes” (…) “The soft-spoken Mr. Kushner has often been described as having a calming effect on Mr. Trump, who is notorious for yelling at staff members during moments of tension. Mr. Kushner became the de facto campaign manager in the spring, and his influence with Mr. Trump has expanded rapidly” (Thrush & Haberman, 2017).

So after being in the campaign team, being in the consultation meetings with foreign leaders, the couple was part of the leadership. Still, only the son-in-law got a title and office inside the White House. That should be bringing enough family matters into the hollow chambers. That Jared Kushner becomes on the same level as others and created a role around the President proves the critical problems with this appointment. It would be if Vice-President Mike Pence hired his son as a staff member and an under the office of Vice President.

So if that was enough when the Canadian Prime Minister Justin Trudeau visited the White house in February 2017, into the second month of the Trump Presidency. So this was written about the event days ahead:

“In this Feb. 1, 2017, file photo, President Donald Trump, accompanied by his daughter Ivanka, waves as they walk to board Marine One on the South Lawn of the White House in Washington. According to officials, Ivanka Trump, who has been a vocal advocate for policies benefiting working women, was involved in recruiting participants for a round table discussion that will be held Monday, Feb. 13, about women in the workforce. President Donald Trump and Canadian Prime Minister Justin Trudeau will participate in the round table” (Vucci, 2017). The pictures of this round-table debate that went viral, was of this one where Ivanka Trump was participating with the foreign Prime Minister. This shows the lack of integrity in the new Administration, but Trump will continue.

Just as the March month arrives and the German Chancellor Angela Merkel came to visit the White House, Ivanka Trump got “work training” as she participated in another state visit for her father without official clearance or jurisdiction, as the procedure and protocol of state doesn’t matter to this President. He thinks his position is all family. If Barrack Obama had hired or had his wife in closed door meetings with foreign leaders; he would have cause havoc and storm, but President Trump is allowed to do this without to much fuzz, except for dress-code and how people looks at Ivanka.

“In the end, Angela Merkel couldn’t hide it. Seated next to Ivanka Trump at a White House meeting with business leaders on Friday, the German leader tilted her head in the first daughter’s direction as Ivanka spoke, a look of bewilderment tinged with disdain enveloping her face” (…) “Why are you here,” Merkel, never a good pretender, seemed to be thinking” (Karinitsching, 2017). Everybody should understand Merkel, not like Ivanka is a serious politician or civil servants, she is daddy’s favorite daughter. That is known for the world and not disgraceful to say.

That this isn’t enough? Well, for Trump and Trump Administration the Nepotism has to be in Authoritarian leadership worthy, not only at meeting and being beside the President, also appointed, as the daughter haven’t been appointed like the husband Jared Kushner. Still, she has been a key player in the rooms of foreign affairs and foreign policy. Because of the level that President Trump has in her. Still, that she gets a place before career officials and others who has done this as their profession, show’s the lack of understand of what State work and how diplomacy works.

So that the news today that Ivanka get clearance to sensitive and confidential information, as well as a office inside the White House without being appointed proves the Nepotism. Surely, soon could Eric Trump and Donald Trump Junior even get hired by their father inside the White House. As well as Tiffany Trump could be spokesperson for the father instead of Kellyanne Conway. That is just the next step.

“Ivanka Trump will have her own office in the West Wing of the White House that comes with a security clearance for classified information, although she will not have an official title, according to a White House official” (…) “Trump will still comply with the ethics rules for government appointees though, even if she technically isn’t one, Trump’s attorney Jamie Gorelick told the Associated Press” (Abramson, 2017). So the family lawyer have dropped the news to the AP and therefore verified the news yesterday.

The family lawyer Gorelick, who has addressed the Trump Organization and other close connected businesses of the family. Therefore, that he did do it proves the capacity and the levels of family matters instead of skills or career.

That President Trump hires Ivanka and Jared inside the White House. Donald, doesn’t care about the legal or ethical perspective, nor about the jurisdiction of state or even common sense. Even as protocol or even justification of this entangled between the family and the Executive. That this could be done inside the Trump Organization is more reasonable and understandable, as the Private Business and Corporate policies are different, than how a State and Government supposed to work.

President Trump deserves to be sanctioned for this, as this words should be key:

“The key for the White House will be to ensure not just that they recruit the best people for the top job at an agency, but to make sure that agency leaders are viewed as a team rather than individuals. The secretary, deputy secretary, chief of staff and other top agency leaders should all complement each other in terms of both expertise and personality. For example, if the secretary is someone who is most comfortable acting as the “face” of an agency and policy agenda, then the deputy secretary should be the one to manage the agency on a day-to-day basis as the chief operating officer. Keeping this in mind when making specific appointments will help build a cohesive, well-functioning unit that will provide effective, unified leadership at the agency” (Center of Presidential Transition – ‘Presidential Transition Guide’ P: 74, 2016).

So, President Trump thinks more individuals and family, more than protocol and the ethical perspective of how he is involving the family into state affairs. That the State becomes mixed with family is not a trait of the United States, but now the Trump Organization and Trump Administration is closer than before. If and when there will be more scandals, more nepotism and misuse of the power… will come, but when is only about question of time. Peace.

Reference:

Abramson, Alana – ‘ Ivanka Trump Will Have West Wing Office, But No Official Title’ (20.03.2017) link: http://fortune.com/2017/03/20/ivanka-trump-west-wing-office/

Karinitschinig, Matthew – ‘Merkel’s Ivanka moment’ (18.03.2017) link: http://www.politico.eu/article/merkels-ivanka-moment/

Lipton, Eric – ‘Ivanka Trump’s Presence at Meeting With Japan’s Leader Raises Questions’ (18.11.2016) link: https://www.nytimes.com/2016/11/19/us/politics/ivanka-trump-shinzo-abe.html?_r=0

Thrush, Glenn & Haberman, Maggie – ‘Jared Kushner Named Senior White House Adviser to Donald Trump’ (09.01.2017) link: https://www.nytimes.com/2017/01/09/us/jared-kushner-senior-adviser-white-house-trump.html

Vucci, Evan – ‘Trump, Trudeau to discuss women in workforce’ (12.02.2017) link: http://www.am1250theanswer.com/news/politics/trump-trudeau-to-discuss-women-in-workforce

Cry havoc: Kanye creates more fuzz than actual news!

This are one of these days where I see more articles about the meeting between President-Elect Donald J. Trump at the Trump Tower with the rapper Kanye West. What should be news that more and more people connected with either Big-Oil like the Standard Oil babies ExxonMobile, grand wizards of the economy, hedge fund infused billionaires and others are packing their offices to find ways of ravaging the faucets and gooses, while the workers are tripping and wonder what they voted in.

The American People been duped by a sales-man with such vigour and bravado that he claimed Hillary Clinton’s connection to the big business and Wall Street; while him two seconds and near the swearing-in are handpicking more Goldman Sachs officials than fish in a barrel.

With this in mind the visit of Kanye West at the Trump Tower is just a suggestion, from the man in 2011 on ‘Watch the Throne’ LP on the song ‘New Day’ wrote:

“And I’ll never let my son have an ego

He’ll be nice to everyone, wherever we go

I mean I might even make him be Republican

So everybody know he love white people”

Therefore, the truth of the matter is that this is not really a thing. If so, this is made-up to undermine the key aspects in the wind. The Goldman, the swamp swirling around the nest and dropping loads of golden eggs for the big business to use.

That the cabinet either filled with the ones that was to be cleared out of Washington D.C. or the populist agenda with men like Jeff Sessions and Stephen Bannon whose despicable worldview can destroy any kind of men has belief in decency left in the American Experience. Therefore, the scenery of this Alt-Right, White Supremacist in power should not overshadow the greedy-guts that are nominees for seriously grand opportunities.

Where bankers, where big industrialist and self-loathing interests combined with the infused tolerance for business over policy can conquer the republic’s works. As the lax-tax and corporate loopholes will be covered into a level where it isn’t a few bigger whole like a Swiss-Cheese, instead more like common water leaks like from pipes connected to the faucets.

The faucet is the sales-man on the top, the President-Elect Trump that gives all the donors of the Republican Party a feast, also the men and woman who can offer something in return; so the nomination is a future-buy in for a coming return on investment. The portfolio is more of government funds and taxes together with the estimated earnings on foreign affairs as the kickbacks through the political funded monies can return to the bankers and the industries that offered their nominees.

So we shouldn’t worry about Kanye is hanging out with the President-Elect, when the view of the man and woman handpicked to secure the coffers, misuse the immigrants as scarecrows for their economic policies to enrich themselves and their top 1 %, while leaving leaves and empty promises behind.

Therefore, American people be proud of you and yours have created! This is what you will become and what that is ahead, the President-Elect is surely going to have a blast and you as the citizen of the grand Republic going to left behind with the bill. Pay it either directly or to the rich-men is coffers or as a benefit for what you already had.

Certainly these noblemen who is handpicked by the Trump isn’t going to let you off the hook easily, they are in to cash-in or they are nominated to departments they back-in the day didn’t believe in like Ben Carson or Rick Perry. However, when they get a government position it’s all smiles and glory, even if they got no clue about the organization or its mission. Because that is not needed, because the President-Elect does not know what he is entitled to do either.

We can grin and wonder why Trump meet with Kanye, other than a publicity stunt of some kind, as the Republican blasted Obama for meeting Common at the White House, but no one is screaming vicious when Trump met with Kanye, since that is just so COOL!

Well, the reality is that the Republican party can stick it, for the pain and suffering they will give their own in the will of little government, little tax and massive army, the taxation policies as well as the prospects of Alt-Right policies to make enemies out of neighbours who are citizens as much the next one. Certainly, the Trump administration got work ahead, not only with themselves, but also with the Republic it will run. Peace.

On Trump: How did we get here?

I got to ask! How did we get here? What happen for the worldwide of events to lead to the man of that stature to be elected as the President of the United States, the Commander in Chief, the leader of the so-called free-world! That the man most enlightened and most visionary happen to be the Donald, Donald J. Trump of New York and Manhattan.

We got to ask, now that it’s a month since he won the Electoral College and days apart from when they are throwing their inherent ballot to suffocate the world for 4 years. The Electoral College that has been basis for speculations for months for all broadcaster’s from inner Montana to Hot 97 in New York. Seriously, the Democracy of world is based on few noble men and woman from the states electing a president on confidence of the rules in each state. Because the people cannot be trusted to already elect a person on the ballot. Not that the United States population is caring enough about civic education to consider a fellow caring human being, still they should reconsider their political system when a fellow like Trump can eat cake and vomit daily from the White House. Just as written here: “The Constitution does not specifically require electors to cast their votes according to the popular vote in their states, but the laws of 29 states and the District of Columbia bind electors to do so. Some require pledges or threaten fines or criminal action, according to a summary of state laws by the National Assn. of Secretaries of State. No elector has ever been prosecuted for not voting as pledged. Since 1900, there have been only nine faithless electors who defected for individual reasons, including one who abstained from voting altogether” (Los Angeles Times – ‘All the times in U.S. history that members of the electoral college voted their own way’ (08.12.2016) link: http://www.latimes.com/nation/la-na-faithless-electors-2016-story.html).

But, still with that in mind, how did we get there? It can be so many reasons, the lacking knowledge of how government works or the need for understanding of intricate policy building to succeed in Washington D.C. or that some daft small-town ignorant citizens would drop a metaphorical bomb on the lobbyists and elite in the capital. That is what they thought they did with electing a “billionaire” Trump who after becoming President-Elect started plotting together the riches, the most connected to big-business cabinet that has been in the White House. As well as taking in men who despise the ideas of certain departments and chambers they will run; so that the American government can become smaller and take in less tax of the wealthy that they all in power represent. They are walking away from the all the needed men and woman in the grass-root that ushered in the Trump Administration. So now they can do what they want without question, because the votes secured this chair’s and possibilities that is now in for the taking.

We got there with fear, with a dishonest media, a dishonest internet, little spread of information and quick browsing through the contested campaigns as we still doesn’t know what “Making America Great Again!” means or to what extent making it better. If that is making KKK and Alt-Right accepted as a means of less-subtle racism in politics and the American communities, that has surely happen. That the Trump Campaign has surged on the fear of immigration and job-loss is clear factors, while they haven’t had a coherent plan to fix it. This has been seen as a factor while the Obama Administration took the nation from 7.9% unemployed into 4.9 % in 8 years that has happen while the Republican Party and Trump has claimed the destruction of nation as they know it. Which cannot be seen in statistics, tax-base or in sort of inflation level since the start of Recession of 2008; but that doesn’t matter because the myth of problems is what Trump needs! Just said like this: “The term Alt-Right, reputedly coined in 2008 by Richard Spencer of the National Policy Institute, a bogus think-tank, encompasses views from libertarianism to paleoconservatism and onwards to the edges of pseudo-intellectual claptrap and the English language. Many Alt-Righters demonise Jews, but a few do not. Some, such as Brad Griffin of Occidental Dissent, another website, think “democracy can become a tool of oppression”, and that monarchy or dictatorship might be better; others, such as Mr Taylor, disagree. Some are techno-futurists; others espouse a kind of agrarian nostalgia. Many mourn the Confederacy. Mr Griffin thinks that, even today, North and South should separate” (…) “Yet from the quack ideologues to the out-and-proud neo-Nazis, some Alt-Right tenets are clear and constant. It repudiates feminism with misogynistic gusto. It embraces isolationism and protectionism. Above all, it champions white nationalism, or a neo-segregationist “race realism”, giving apocalyptic warning of an impending “white genocide”. Which, of course, is really just old-fashioned white supremacism in skimpy camouflage” (…) “The association precedes Mr Trump’s hiring as his campaign manager of Stephen Bannon, former boss of Breitbart News, a reactionary news website that Mr Bannon reportedly described as “the platform for the Alt-Right”, and which has covered the movement favourably” (Economist – ‘Trump and the Alt-Right Pepe and the stormtroopers’ 17.09.2016 link: http://www.economist.com/news/united-states/21707201-how-donald-trump-ushered-hateful-fringe-movement-mainstream-pepe-and).

Why I ask myself this now is because of we’re soon in 2017, there will be important questions ahead. Many that we cannot foresee as much as the environment and climate change might mean for us, as kid of the 90s I remember the sun-damage danger and the Ozone, now it’s the CO2 emissions and heated polluted air, that Donald Trump doesn’t believe him because he is not a penguin who’s struggling to in dwindling ice on Greenland. As he assemble people who cares for business over environment, that cares more about production than the reasons for the earthquakes in Oklahoma state: “The state has seen a sever spike in earthquakes of 3.0 magnitude or higher since 2008, when energy companies ramped up their hydraulic fracturing, or fracking, for oil and gas in the state, Choy said. The number of 3.0 magnitude quakes rose from 2 in 2008 to 889 last year, according to USGS statistics. So far this year, there have been 572” (USA Today,’ Oklahoma earthquake reignites concerns that fracking wells may be the cause’ 07.11.2016 link: http://www.usatoday.com/story/news/2016/11/07/oklahoma-earthquake-fracking-well/93447830/).

We can wonder how this might be, as the Alt-Right, Republican Cabinet is assembled by men and woman who will honour Trump, be his advisors and take orders as he doesn’t have trouble with connections with his own businesses that his kids will control while he is in command. This is still an issue a month after as he will be Executive Producer for ‘Celebrity Apprentice’ on NBC while being in the White House, which is a hobby for the old-man who just used two years becoming President. So the Trump Organization will surely be controlled from the White House as he cannot shelf his control from anything he touches, even if that breaches with the constitution. That foreign dignitaries are now renting rooms in the Trump Hotels close to the White House, as it just happen to done during the Presidential Campaign was just coincidence: “Wednesday’s grand opening and ribbon-cutting ceremony marked the culmination of a $200 million project. The Trump Organization renovated the 1899 Romanesque Revival-style Old Post Office building, on Pennsylvania Avenue near the White House. With 263 guest rooms and suites, and a ballroom that Trump has said is the biggest in the nation’s capital, the hotel is among the priciest in town. Donald Trump, speaking at the event, said the hotel came in “under budget and ahead of schedule.” He cut the ribbon in the lobby alongside wife Melania and children Ivanka, Donald Jr., Eric and Tiffany” (Bloomberg – ‘Trump Executives Tout Brand Resilience at D.C. Hotel Opening’ 26.10.2016 link: https://www.bloomberg.com/news/articles/2016-10-26/trump-executives-use-d-c-hotel-opening-to-tout-brand-resilience).

So as he was a Presidential-Candidate he could consider his time to his own business, how could we get there and how could the citizens who voted for him think he will act differently a month after? Certainly the proof now is clear that he thinks of his business and opportunities as much as he can consider America first. The public might grab glimpses of his thoughts on Twitter, but not a reality of how that will be configured in actions as President.

What the world can expect and how he will acts is unsure, more unsure than the policies of the Tories coming to the “leaving Europe and European Union in the Red-White-Blue Brexit” of Theresa May. Donald Trump might bomb somewhere for oil, he might kill kids and families to stop the civil war in Syria. What we can foresee of his actions is unknown and the US Society accepted that sort opinions and as a Commander-in-Chief is exceptional.

The bravery and the reality, the stuttering silence of hope and only despair. Industrialization together with Multi-National Companies who gotten all freedom and liberty, while the citizens has to apply and be lucky to get jobs. The reality of Multi-National Companies steering lobbying in Washington D.C. and together with giant supported Super-PACs has picked out the “good” candidates for the Trump Administration as the roots of too big to fail is evident in the matter of businesses of the day. That is where the US dream is happening and dying. It is dying because of the Multi-National gets full control of the Senate and Congress, the President and if the Supreme Court Justices dies, than they can get their selected people to run for them there too. Not for the public good or will, but for the companies’ profits. That will be on overdrive with the men that has been picked as Secretary of Treasury and Secretary of Commerce.

How did we get to a place where the Presidential Candidate who was supposed to be there for the workers, the American workers was in shambles, that he nominees a man who has done this: “Puzder observes, “They’re not talking about $15 or $12 an hour, the kind of dramatic increases that are being bandied about in the political process right now.”  CKE’s average wage, he says, is a bit over $10 an hour, “so we’re not talking about everybody in the restaurant working for $7.25.” (In California, the minimum wage is now $10.) “But we’re talking about entry-level jobs. Are people going to want to hire entry-level employees for these very high minimums, which come with Obamacare, which come with mandatory sick leave, or other benefits which the government imposes on business for these individuals? Are you going to be able to keep minimum wage entry-level job positions open for individuals?” (L.A. Times – ‘   Does Andy Puzder really want to replace his Carl’s Jr. workers with robots? No, but…’ 30.03.2016 link: http://www.latimes.com/business/hiltzik/la-fi-hiltzik-puzder-20160322-snap-htmlstory.html).

So with this all in mind, we should ask how we got here? Michael Moore said it so nicely back in the day: “Midwest Math, or Welcome to Our Rust Belt Brexit.  I believe Trump is going to focus much of his attention on the four blue states in the rustbelt of the upper Great Lakes – Michigan, Ohio, Pennsylvania and Wisconsin. Four traditionally Democratic states – but each of them have elected a Republican governor since 2010 (only Pennsylvania has now finally elected a Democrat). In the Michigan primary in March, more Michiganders came out to vote for the Republicans (1.32 million) that the Democrats (1.19 million). Trump is ahead of Hillary in the latest polls in Pennsylvania and tied with her in Ohio. Tied? How can the race be this close after everything Trump has said and done? Well maybe it’s because he’s said (correctly) that the Clintons’ support of NAFTA helped to destroy the industrial states of the Upper Midwest. Trump is going to hammer Clinton on this and her support of TPP and other trade policies that have royally screwed the people of these four states” (…) “That’s a small peek into the mind of the Endangered White Male. There is a sense that the power has slipped out of their hands, that their way of doing things is no longer how things are done. This monster, the “Feminazi,”the thing that as Trump says, “bleeds through her eyes or wherever she bleeds,” has conquered us — and now, after having had to endure eight years of a black man telling us what to do, we’re supposed to just sit back and take eight years of a woman bossing us around?” (…) “The Depressed Sanders Vote. Stop fretting about Bernie’s supporters not voting for Clinton – we’re voting for Clinton! The polls already show that more Sanders voters will vote for Hillary this year than the number of Hillary primary voters in ’08 who then voted for Obama. This is not the problem. The fire alarm that should be going off is that while the average Bernie backer will drag him/herself to the polls that day to somewhat reluctantly vote for Hillary, it will be what’s called a “depressed vote” – meaning the voter doesn’t bring five people to vote with her. He doesn’t volunteer 10 hours in the month leading up to the election” (Michael More – ‘5 Reasons Why Trump Will Win’ link: http://michaelmoore.com/trumpwillwin/).

That Michael Moore saw it coming and asked for society to think about the reasons for protest Trump vote out there and the plans for shaking certain swing-states to the Republican Party. Something that happen… and it wasn’t beautiful the ones who had hope for another experience. We can just wonder how they got duped to follow this man and made the system ready for his as commander in chief!

I just wonder how the American Experience became Donald J. Trump, how we went from hope and change, into fear and depression, where the army and military will get more power, where the multi-national companies will be more connected with the Trump Administration and the fracking, big-oil, giant banks and finance industry get more power in the White House. The Republican Party and their loyal cronies will have both houses and the Presidency under Trump. So the possibilities are endless. We can wonder how we got here.

How did we get here? And we should ask ourselves that? The answers are many and reasons for the US election turning to Trump should be asked more times as the answers will be different with times, as the layers will peeled off and we will find the core reasons for why a Reality Star, a Real Estate Investor and a Limited Label salesman, sometimes a snake-oil of that, became the next President of the United States. Peace.

The nominations of Mnuschin and Ross proves that Donald Trump is not ‘draining the swamp’!

The Economic Policies of any United States administration are usually bound by the people that are running two key positions; these are Secretary of Treasury and Secretary of Commerce. The Economy is bound by the decisions these ones do. This here will prove what kind of administration that Trump will run and what kind of regulations of trade, business and economy in general. Therefore the picking of personnel is central to how the state of affairs at the top of the food-chain in Washington.

Donald Trump the Presidential-Elect that has been all and mighty on draining the swamp. So he proves that it was just words during the campaign to sell to his supporters, he even pledged this earlier in the year:

“We have to give new voices a chance … so we can have a government that works again and can function properly …” Trump said” (Hughes, 2016).

Draining the Swamp:

“There is another major announcement I am going to make today as part of our pledge to drain the swamp in Washington. If I am elected President, I will push for a Constitutional Amendment to impose term limits on all members of Congress” (…) “Decades of failure in Washington, and decades of special interest dealing, must come to an end. We have to break the cycle of corruption, and we have to give new voices a chance to go into government service. The time for Congressional term limits has arrived” (…) “Not only will we end our government corruption, but we will end the economic stagnation” (Trump, 2016).

We will first see what the Treasury are supposed to do and what the department will do:

“Treasury’s mission highlights its role as the steward of U.S. economic and financial systems, and as an influential participant in the world economy” (Treasury.gov – ‘About – Role of Treasury’). So the Secretary of Treasury is important for the financial system, therefore it’s important to look at the nominee. So we have to look into the nominee who has influence of the financial systems.

Also, we have to see what is special about the Department of Commerce: “The Department works with businesses, universities, communities, and the Nation’s workers to promote job creation, economic growth, sustainable development, and improved standards of living for Americans. Through its 12 bureaus and nearly 47,000 employees located in all 50 states and five U.S. territories and more than 86 countries worldwide, the Department administers critical programs that touch the lives of every American” (Commerce.gov – ‘About Commerce’). So we can see the importance of the person leading these 12 bureaus that should make it possible to create jobs and commercial business in the United States, therefore the person leading here has to know how to improve the economic growth.

With this knowledge the persons acts before and their economic framework together with the economic platform; that means their faith in the markets or the regulations. That he will give way to free regulations for the financial markets instead of regulating them.

Steve Mnuchin is the nominee for Secretary of Treasury:

“Mnuchin worked at Goldman Sachs for seventeen years, where he eventually became an executive vice president. According to the Wall Street Journal, he left in 2002 “at the age of 39 with a reported $46 million stake in the bank.” He was recruited by his Yale roommate, Eddie Lampert, to join ESL, a hedge fund, as vice chairman. A few months later, he jumped to SFM Capital Management as its CEO. But within a few months he changed jobs again, leaving SFM to co-found Dune Capital with his former Goldman colleagues Daniel Neidich and Chip Seelig” (…) “In 2009, Mnuchin helped assemble a group of investors (including computer capitalist Michael Dell, financier George Soros, private equity investor Christopher Flowers, and hedge fund titan John Paulson) to buy IndyMac Bank from the Federal Deposit Insurance Corporation (FDIC) as part of a sweetheart deal. They renamed it OneWest Bank and kept its headquarters in Pasadena” (Dreier, 2016).

Relativity bankrupt:

“Relativity explicitly blames the bank, founded by Steve Mnuchin, who until recently was one of studio founder Ryan Kavanaugh’s best friends and a company director, for violating bankruptcy procedures and for delaying the release of a movie recently considered to be the studio’s savior, a letter and an email from the company obtained by The Post reveal” (…) “ OneWest’s hoovering up of the $50 million, revealed in court papers, included $32 million drained from the studio’s library and $17.9 million from two other accounts” (…) “The bank’s actions placed Relativity in a precarious financial state, forcing it to largely “stop paying many vendor bills, to postpone production of certain film projects and to postpone the release of certain completed films,” Blackstone’s Tim Coleman, Relativity’s financial adviser, said in court papers” (McCaulay, 2016)

Foreclosure from OneWest:  

“According to Gudiel, when she tried to make the $2,500-a-month mortgage payment two weeks late in November 2009, OneWest refused the payment and instructed her to pursue a loan modification, a long process that ultimately ended in rejection in January” (…) “OneWest referred questions to the public relations firm Sard Verbinnen & Co., which said that Fannie Mae, which holds about one-third of the mortgages in the country, had not authorized them to modify the loan” (… ) “OneWest is pleased that it has been able to work with Fannie Mae, the owner of the loan, to authorize it to offer the Gudiels a loan modification that would allow the family to stay in their home,” the firm said in a statement” (Huus, 2011).

Fraud from his bank:

“While the Rigalis were negotiating on the mortgage modifications, IndyMac Federal Bank failed in what would be the fourth-largest bank failure in U.S. history. What was left of IndyMac was acquired in March 2009 by a Mnuchin-led group of private investors for $1.55 billion” (…) “The Rigalis’ court filings “alleged they were led to believe, by representatives of several banks over a period of years, that their $560,000 loan would be modified. They believed they had entered into several forbearance agreements with several but related banks.” (…) “Crandall wrote in his denial of the motion that “the facts before the court are sufficient to defeat summary judgment” of most of OneWest Bank’s assertions, and he concluded that the Rigalis produced enough proven evidence to show that they could prevail in a jury trial. OneWest quickly offered a settlement, sources said” (…) “Recent legislative measures “provide an important lens” for the court to look through, wrote Crandall in denying OneWest’s motion” (…) “The judge was referring to the banking practice of dual tracking, in which a borrower in default seeks a modification while the institution continues at the same time to pursue foreclosure. By the time the borrower learns what is happening, it is usually too late to prevent the foreclosure” (Blackburn, 2013).

Just as he has become the nominee certain board positions he had to give up:

“NEW YORK–(BUSINESS WIRE)–CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that Steven T. Mnuchin has resigned from its Board of Directors, effective immediately. His resignation follows President-elect Donald J. Trump’s announced intention to nominate Mnuchin as the next Secretary of the Treasury” (…) “On behalf of the entire Board, I want to thank Steven for his contributions to CIT,” said Ellen R. Alemany, Chairwoman and CEO. “Steven has been a valued member of our Board, and we wish him well in this monumental role.” (CIT.com, 2016). He also stepped down from being a board-member at Sears.

So the OneWest CEO Steve Mnuchin is becoming the Secretary of Treasury in the Trump Administration. He been a board-member in CIT and Sears, as well as been speculative in foreclosures in people’s homes as well as Relativity studio or Film Company became bankrupt because of the loans and structure of funding through OneWest. So this speculative actions can be assured of will happen, but not with just one hedge-fund Wall-Street banker bravado, but now with the economic policies as underlining from the newly nominated Munuchin.

Than we have the other nominee that will lead 12 important bureaus that is now being delegated through the financial heavy weight Ross; which also have long history on Wall Street.

Wilbur Ross is the nominee for Secretary of Commerce:  

Wilbur is another fellow with a spreadsheet that is impressive, but also sees the cynical side of the economy, where the importance of business is profits; not actually creating work. Therefore his nomination is more about securing equity is the reality than the person who actually earns those fortunes. Therefore the way he salvaged the businesses and made profits on them, as well as the reality of the man behind those transactions and how many settlements for fraudulent acts from his companies and subsidiaries. Here is a little look!

“Wilbur Ross is best known for his ability to find distressed companies and turn them around for a large profit – it is a talent that has given him an estimated net worth of more than $2 billion. And in recent years Ross’s sights have been firmly set on financial companies. Since 2008 he has invested a reported $1.8 billion into banks.  But now he has had enough. NBNK Investments, the investment company in which Ross took a 30% stake in 2013 and that tried and failed to buy TSB from Lloyds, is closing. In 2010 NBNK had raised £50 million in an IPO with the aim of financing European banks. Six years later, it didn’t have a single investment to show for it” (Avery, 2016).

“WL Ross & Co. LLC, a Delaware limited liability company, is a private equity firm that was founded in 2000. WL Ross registered as an investment adviser with the Commission in April 2007. WL Ross is headquartered in New York, New York. Since 2006, WL Ross has been wholly owned by Invesco Private Capital, Inc., a subsidiary of Invesco Ltd., a publicly traded company (collectively, “Invesco”). WL Ross provides investment advisory services to the WLR Funds and other private equity funds, as well as to separately managed accounts and co-investment vehicles. According to its most recent Form ADV filing as of April 21, 2016, WL Ross has approximately $4.6 billion in assets under management” (Service Exchange Commission, 2016).

“Between 2001 and 2011, WL Ross adopted a Transaction Fee allocation methodology that resulted in WLR retaining a significant amount of those fees for itself rather than allocating them to the WLR Funds for the purpose of offsetting the management fee. Specifically, WL Ross allocated Transaction Fees that it earned from portfolio investments to the WLR Funds based upon their relative ownership percentages of the portfolio company without disclosing this practice. As a result, WL Ross retained for itself that portion of the Transaction Fees that was based upon co-investors’ relative ownership of the portfolio company, without subjecting such fees to any management fee offsets. WLR did not disclose to the WLR Funds and to the Funds’ limited partners that it would allocate Transaction Fees according to the above allocation methodology, and that WLR construed the ambiguous provisions in the relevant LPAs in its own favor rather than the WLR Funds’ favor. If WL Ross had instead adopted a methodology requiring the allocation of all Transaction Fees pro rata among the investing WLR Funds (and other WLR funds that also had offset provisions) and offset the WLR Funds’ management fees accordingly, the WLR Funds (and other WLR funds that also had offset provisions) would have received the benefit of all Transaction Fees received by WL Ross. WL Ross received approximately $10.4 million more in management fees using the selected methodology than if it had allocated Transaction Fees pro rata among the WLR Funds for management fee offset purposes during the relevant time period” (Security Exchange Commission, 2016).

Earning money on failing business:

“In May the board of NBNK, made up of private equity firm WL Ross & Co’s senior vice president Stephen Johnson, and Labour life peer and barrister Lord Brennan, voted in May to make the payment to WL Ross & Co for the “recovery of legal fees and other due diligence costs.” (…) “The vehicle’s most recent accounts revealed a loss for the year of £271,000, from a loss of £182,000 the previous year” (Bambrough, 2016).

“Billionaire investor Wilbur Ross has reached a deal to buy Nexeo Solutions Holdings LLC, a distributor of plastic resins and chemicals, for roughly $1.6 billion, including debt” (…) “Nexeo is currently owned by private-equity firm TPG, which purchased the company for nearly $1 billion from U.S. specialty-chemicals producer Ashland Inc (NYSE: ASH) in 2011. The deal is expected to be announced on Monday morning” (…) “WL Ross Holding will pay $500 million in cash and fund the rest of the purchase with debt, the sources told the newspaper. TPG will roll over some of its equity into the new public company, one of the people told the Journal” (DiSavino, 2016).

“The Securities and Exchange Commission said on Wednesday that the group failed to disclose its fee allocation practices, resulting in investors overpaying by $10.4m between 2001 and 2011. WL Ross was not allocating transaction fees to the funds to offset management fees, the SEC said” (…) “WL Ross also agreed to pay a civil penalty of $2.3m, but neither admitted to nor denied the SEC’s findings” (…) “We are pleased to have arrived at a resolution around historical management fee disclosure in a subset of our funds,” said Jeaneen Terrio, a spokesperson for Invesco, which bought WL Ross in 2006. “This resolution reflects a proactive approach to handling the matter and our commitment to exceeding the expectations of today’s private equity market.” (Sampson, 2016).

Fixing Irish Economy:

“As an investor in Bank of Ireland, it would be a surprise if Ross thought otherwise – after all he needs to recoup his investment and more. But he is one of the world’s most successful turnaround financiers – his involvement in the turnaround of over $200bn of distressed assets worldwide has earned him the nickname ‘king of bankruptcy’. So his words will be a boost to Ireland’s international standing” (…) “In the past few weeks of financial turmoil, Ireland has seen some faith in the international money markets restored, with 10-year bond yields down from 14% in mid-July to around 9%.” (O’Carroll, 2011).

So Donald Trump’s way of cleaning up the swamp is giving the idiom or a myth, because Wall Street connections with Washington D.C. cartels were not supposed to happen under the presidency. With the knowledge of the men he has picked in charge of the Economy, this proves that it was never a part of plan. If so Trump has a rare way of sending of the message with hiring and nominating Steven Mnuchin and Wilbur Ross.

These men have worked up fortunes and earned monies on the destruction of the American Dream. They have taken people’s hard-earned monies and created profits overnight. These men have used sophisticated limited liabilities companies, hedge-funds and transactions to earn monies on failed houses and companies. With ease the men and woman could be stifled even the government banks Fannie Mae and Freddie Mac and the foreclosed homes has even been a bargain. These men are supposed to create industry and the regulations for the finance industry. Together with the creations of consolidation funds and the roll-over money from the government; so that the debt could be staying longer as Mnuchin believes even can be put into 100 year bonds. That could create an unknown inflation of funds and also of the regulations of the combined currency in the market. Something that Wall Street people sees it as an opportunity.

Donald Trump has seeking to revamp the economy with men who are connected with the biggest investors of our time, with the families and using all kind of tricks to earn coins for themselves. Even the SEC has fined the companies of Mr. Ross for misbehaving with funds and with commissions, these men that has used ways of loop-holing the finance industry; the finance industry they now will steer. This can only be for the freedom of the giant companies and the wealth they have created in the market place on other people’s misery.

Trump has picked and nominated men who’s greed extend nearly no boundaries, these men will not drain a swamp or even follow up the promises on the campaign. They will continue and less regulates the economy. That might bring back the recession or even depression as the richer get wealthier and the poor will not become the middle-class.

These men has surely will secure the class there are set in and want to be part of. The one that they have been parts of and will secure the future of. These are not working-class friendly men who connect with the Indiana, Minnesota and Mississippi. So Trump clearly only a one-man show for the façade and not the real deal, sort of like a government acting on the Trump University philosophy: “You’re selling a feeling, not a product” and the same does the Trump Organization and now the Trump Administration.

The lie this time is the draining the swamp, the corporate parts of Washington D.C. politics and elites, as Trump chooses the same or even more wealthier businessmen who has more connections inside Wall Street and has more conflict of interest than before. The Trump Administration in the White House will be filled with men who have their business at heart and not the citizens who voted for him. Peace.

Reference:

Avery, Helen – ‘Banking: Wilbur Ross chases shadows’ (May 2016) Link: http://www.euromoney.com/Article/3551137/Banking-Wilbur-Ross-chases-shadows.html?copyrightInfo=true

Bambrough, Billy – ‘US billionaire investor Wilbur Ross picks up £280,000 from the ashes of NBNK’ (04.07. 2016) link: http://www.cityam.com/244546/us-billionaire-investor-wilbur-ross-picks-up–ashes

Blackburn, Daniel – ‘OneWest Bank pays 7 figures in mortgage fraud case’ (11.09.2013) link: https://calcoastnews.com/2013/09/onewest-bank-pays-7-figures-mortgage-fraud-case/

CIT.com – ‘CIT Announces Resignation of Steven T. Mnuchin from Board of Directors’ (02.12.2016) link: http://news.cit.com/press-release/corporate-news/cit-announces-resignation-steven-t-mnuchin-board-directors

Dreier, Peter – ‘The Worst of Wall Street: Meet Donald Trump’s Finance Chairman’ (10.05.2016) link: https://www.thenation.com/article/the-worst-of-wall-street-meet-donald-trumps-finance-chairman/

DiSavino, Scott – ‘Wilbur Ross to buy Nexeo from TPG for $1.6 billion: source’ (20.03.2016) link: http://www.streetinsider.com/Mergers+and+Acquisitions/Wilbur+Ross+to+buy+Nexeo+from+TPG+for+$1.6+billion%3A+source/11434492.html

McCaulay, Scott – ‘Controversial Film Financier Steven Mnuchin Joins Trump Campaign as National Finance Chairman’ (05.05.2016) link: https://filmmakermagazine.com/98428-controversial-film-financier-steven-mnuchin-joins-trump-campaign-as-national-finance-chairman/

Hughes, Trevor – ‘Trump calls to ‘drain the swamp’ of Washington’ (18.10.2016) link: http://www.usatoday.com/story/news/politics/elections/2016/2016/10/18/donald-trump-rally-colorado-springs-ethics-lobbying-limitations/92377656/

Huus, Kari – ‘Homeowner taps ‘Occupy’ protest to avoid foreclosure’ (17.10.2011) link: http://www.nbcnews.com/id/44908122/ns/us_news-life/t/homeowner-taps-occupy-protest-avoid-foreclosure/#.WEHO5fnhDIU

O’Carroll, Lisa – ‘Ireland will be ‘Celtic Tiger’ again – Wilbur Ross’ (31.08.2011) link: https://www.theguardian.com/business/ireland-business-blog-with-lisa-ocarroll/2011/aug/31/ireland

Samson, Adam – ‘WL Ross in $14.1m settlement with US over fee disclosures’ (24.08.2016) link: https://www.ft.com/content/e8424f8f-5031-3d50-941b-a51ccaa07980

Security Exchange Commission – ‘Release No. 4494 / August 24, 2016 ADMINISTRATIVE PROCEEDING File No. 3-17491’ (24.08.2016)

Trump, Donald J. – ‘TRUMP PLEDGES TO DRAIN THE SWAMP AND IMPOSE CONGRESSIONAL TERM LIMITS’ (18.10.2016) link: https://www.donaldjtrump.com/press-releases/trump-pledges-to-drain-the-swamp