May 20, 2016

The 1 percent’s most dangerous weapon: Donald Trump and the global acceleration of income inequality

The 1 percent’s most dangerous weapon: Donald Trump and the global acceleration of income inequality

"Trump knows better than most, great wealth, like mushrooms, flourishes best in darkness and with a steady stream of excrement to nourish it, which thanks to the corporate news media, 2016 has already supplied in ample quantities. Perhaps the candidate was emboldened by the lack of news media blow back on his stunning reversal on his pledge to “self-finance” his presidential campaign. The original story line was so Capraesque; the last great white hope billionaire willing to put his fortune at risk to redeem the Republic sullied by elites that had sold out the national interest to feather their own nests. But now with Trump’s selection of Steve Mnuchin, a hedge fund founder and second generation Goldman Sachs alum, as his finance chair, Trump is back in proper alignment with the hedge fund pirates of the Caribbean who to this day continue to profit from the 2008 Wall Street’s heist of the Main Street economy. Of course, with much of the billion dollars that Trump committed to raise likely to go to television ads, we can hardly expect the corporate news media, that’s already made a killing on the sensational GOP primary, to hold him accountable for a spectacular flip-flop that’s very much in their interest."