Today Senator Elizabeth Warren of MA wrote a letter to President-Elect Trump that outs Wall Street insiders lining up to control the government through the Trump administration.
The letter unearths Trump’s own campaign words and promises, using citations to back up Trump’s quotes. His real words about the economy must be circulated all over social media to show that he was a fake populist all along and his promises were nothing but bullshit, stuff he just threw out there to win power while traditional media diverted everyone’s attention to his blatant racism, misogyny and xenophobia.
The elitist billionaire is and always has been an ass-kisser of the rich and powerful. It is our job to expose him as big money insider. We owe it to the American people.
President-Elect Trump is not a champion of the people. He was pretending the whole time (but we knew that). He does not come from the working class he claims to represent. He was born into grotesque wealth and will forever be an accomplice of the big money class.
President Trump will use the power of the Presidency to further rig the system against the working class.
Senator Warren gets it.
Dear President-Elect Trump:
During your campaign for President of the United States, you railed against "powerful special interests" that have "rigged our political and economic system for their exclusive benefit." You excoriated trade deals that you described as "mortal threat[s] to American manufacturing" and "disaster[s] .... pushed by special interests." You promised that you would "not be controlled by the donors, special interests and lobbyists who have corrupted our politics and politicians for far too long," and that you would "drain the swamp" in Washington D.C. And you won election largely on the strength of these promises.
Warren reminds the American people that Trump promised them he would not be controlled by rich donors. Voters trusted that he could govern without their influence because, as a billionaire, he could fund his own campaign and insulate himself from their bribes.
Warren talks about Trump’s transition team being stacked with insiders. It’s rigged from the start. The American people have to know this. Traditional media won’t cover it.
Within days of your election, you have elevated a slew of Wall Street bankers, industry insiders, and special interest lobbyists to your transition team. Even more are rumored to be named as potential cabinet members. Based on public reports, your transition team and your potential cabinet include over twenty Wall Street elites, industry insiders, and lobbyists making decisions that could have huge implications for their clients or employers. They include, among many others, a former Goldman Sachs executive who is rumored to be a Treasury Secretary pick; a paid consultant for Verizon who is making key decisions on your administration's Federal Communication Commission; a "top lobbyist" whose firm lobbied on behalf of issues related to the Trans-Pacific Partnership who is shaping your Labor Department; and a climate-change- denying, oil industry-paid think tank fellow who is leading your environmental team's transition.
Warren focuses her attack on Trump’s favoritism towards and ass kissing of Wall Street.
During a January 2016 campaign speech in Iowa, you excoriated Wall Street for "caus[ing] tremendous problems" for the United States. Assuring voters that you "don't care about the Wall Street guys,'' you promised that you were "not going to let Wall Street get away with murder." You and your surrogates criticized laws that were "favorable to the big banks" and attacked Secretary Clinton for her ties to Wall Street bankers.
She precedes to tag each Wall Street insider with a damning bio:
David Malpass, who is responsible for shaping your Administration's Treasury Department. Malpass served as Chief Economist at Bear Stearns for six years and now runs a consulting firm for Wall Street clients...Former Securities and Exchange Commissioner Paul Atkins - who served in that position as the SEC failed to do its job in the run-up to the financial crisis - will help you appoint personnel to Independent Financial Agencies, including the Securities and Exchange Commission (SEC) and the Federal Reserve. Steve Mnuchin, a hedge fund CEO and former Goldman Sachs Vice President who profited off of mortgage foreclosures, is also rumored to be in the running for Treasury Secretary. Lewis Eisenberg has been floated as a potential pick for Secretary of Commerce. 13 Eisenberg, currently the chief of private equity at Granite Capital International Group, worked as a Goldman Sachs partner for over two decades
And then the deathblow...
Quite frankly, the makeup of your transition team suggests that you will not only be "letting Wall Street get away with murder" during your Presidency- you will be letting them write the rules that allow them to get away with it.
Feel free to share this diary and/or Senator Warren’s full letter with your Facebook friends and unfriends
www.warren.senate.gov/...
Here is Warren in action at the Wall Street Journal’s CEO Council, leveling with industry leaders, insisting that Trump voters didn’t vote for industry to be running the government at the expense of American families: