Visit ArabTopics.com

Steve Bannon Says Joining Goldman Sachs Is Like ‘Joining The Jesuits’

Steve Bannon, campaign CEO for Republican presidential candidate Donald Trump, right, looks on during a national security meeting with advisors at Trump Tower, Friday, Oct. 7, 2016, in New York. (AP Photo/ Evan Vucci)

Steve Bannon, campaign CEO for Republican presidential candidate Donald Trump, right, looks on during a national security meeting with advisors at Trump Tower, Friday, Oct. 7, 2016, in New York. (AP Photo/ Evan Vucci)

Published in partnership with Shadowproof.

During his campaign, President-elect Donald Trump condemned lobbyists, Wall Street, and DC insiders, claiming he would “drain the swamp” and bring reform to Washington if elected.

No company epitomizes the incestuous swampy relationship between Washington and Wall Street like Goldman Sachs. Nicknamed Government Sachs, it has already produced two former US treasury secretaries—Hank Paulson and Robert Rubin—and a large number of the federal regulators tasked with policing the financial services industry.

Goldman Sachs, like the other Too Big To Fail/Jail banks on Wall Street, has been at the forefront of pushing corporations to ship American jobs oversees and played a leading role in crashing the US economy in 2008 through reckless greed and criminal fraud in the mortgage securities market.

Yet Trump is backing two former Goldman executives for high positions within his administration. Trump has chosen second-generation Goldman Sachs executive Steve Mnuchin to be his treasury secretary. Mnuchin’s father was a Goldman partner and Mnuchin himself worked at Goldman for 17 years.

Steve Bannon, who is also a former Goldman Sachs executive, is set to be President Trump’s chief adviser. Despite Bannon’s embrace of economic nationalism in a recent interview with The Hollywood Reporter, Bannon was singing the praises of Goldman Sachs as recently as 2012.

In an interview for a French news documentary, “Goldman Sachs: The Bank That Runs The World,” Bannon compared joining the Wall Street bank to joining the Roman Catholic religious order of the Jesuits:

INTERVIEWER: What did Goldman Sachs represent for you?

STEVE BANNON: Goldman Sachs represented excellence and meritocracy. It didn’t matter where you came from, it didn’t matter what school you went to, what your religion was or what was your ethnicity. It just mattered how hard you worked, how smart you were, and how good a banker you were for your clients.

It was really like joining the Jesuits. This seems antiquated today, it was before the financialization, it was before all these quants and mathematicians really came to Wall Street.

The Jesuits? Really? Because a brief look at Goldman Sachs’ rap sheet would lead one to think the bank has specialized in sin.  They have incurred fines totaling in the billions with victims both large and small.

In his interview with The Hollywood Reporter, Bannon said, “The globalists gutted the American working class and created a middle class in Asia. The issue now is about Americans looking to not get f—ed over. If we deliver.”

Who exactly did Bannon think he was praising in 2012? Goldman Sachs is one of the architects of neoliberal globalization, especially moving American factories to China and elsewhere in Asia. And, like other banks, Goldman has lobbied US companies to look for lower wages out of the country to boost profitability.

Goldman Sachs is a case study in pursuing transnational, globalist interests at the expense of the American worker. Is there a mea culpa coming, Steve?

The post Steve Bannon Says Joining Goldman Sachs Is Like ‘Joining The Jesuits’ appeared first on MintPress News.

Source: 
MintPress

Dear friends of this aggregator

  • Yes, I intentionally removed Newsbud from the aggregator on Mar 22.
  • Newsbud did not block the aggregator, although their editor blocked me on twitter after a comment I made to her
  • As far as I know, the only site that blocks this aggregator is Global Research. I have no idea why!!
  • Please stop recommending Newsbud and Global Research to be added to the aggregator.

Support this site

News Sources

Source Items
Please Stop the Ride 32
The Infectious Myth 27
Lockdown Skeptics 85
Sam Husseini 34
Dr. Andrew Kaufman 3
Swiss Propaganda Research 51
Off Guardian 197
Cory Morningstar 10
James Bovard 88
WWI Hidden History 51
Grayzone Project 478
Pass Blue 420
Dilyana Gaytandzhieva 17
John Pilger 428
The Real News 367
Scrutinised Minds 29
Need To Know News 3586
FEE 5560
Marine Le Pen 431
Francois Asselineau 25
Opassande 53
HAX on 5July 220
Henrik Alexandersson 1293
Mohamed Omar 404
Professors Blog 10
Arg Blatte Talar 40
Angry Foreigner 19
Fritte Fritzson 12
Teologiska rummet 36
Filosofiska rummet 148
Vetenskapsradion Historia 197
Snedtänkt (Kalle Lind) 266
Les Crises 4174
Richard Falk 231
Ian Sinclair 142
SpinWatch 61
Counter Currents 13022
Kafila 714
Gail Malone 45
Transnational Foundation 221
Rick Falkvinge 95
The Duran 11958
Vanessa Beeley 236
Nina Kouprianova 9
MintPress 6253
Paul Craig Roberts 2765
News Junkie Post 77
Nomi Prins 27
Kurt Nimmo 191
Strategic Culture 6491
Sir Ken Robinson 88
Stephan Kinsella 124
Liberty Blitzkrieg 889
Sami Bedouin 65
Consortium News 2685
21 Century Wire 4335
Burning Blogger 324
Stephen Gowans 105
David D. Friedman 188
Anarchist Standard 16
The BRICS Post 1545
Tom Dispatch 662
Levant Report 18
The Saker 5340
The Barnes Review 623
John Friend 545
Psyche Truth 160
Jonathan Cook 173
New Eastern Outlook 5108
School Sucks Project 1842
Giza Death Star 2250
Andrew Gavin Marshall 28
Red Ice Radio 709
GMWatch 2670
Robert Faurisson 150
Espionage History Archive 35
Jay's Analysis 1217
Le 4ème singe 91
Jacob Cohen 226
Agora Vox 20299
Cercle Des Volontaires 458
Panamza 2676
Fairewinds 124
Project Censored 1273
Spy Culture 634
Conspiracy Archive 85
Crystal Clark 24
Timothy Kelly 669
PINAC 1482
The Conscious Resistance 1125
Independent Science News 94
The Anti Media 6895
Positive News 820
Brandon Martinez 30
Steven Chovanec 61
Lionel 318
The Mind renewed 465
Natural Society 2627
Yanis Varoufakis 1179
Tragedy & Hope 122
Dr. Tim Ball 114
Web of Debt 171
Porkins Policy Review 463
Conspiracy Watch 174
Eva Bartlett 650
Libyan War Truth 382
DeadLine Live 1916
Kevin Ryan 69
BSNEWS 2142
Aaron Franz 279
Traces of Reality 166
Revelations Radio News 128
Dr. Bruce Levine 162
Peter B Collins 1853
Faux Capitalism 205
Dissident Voice 12343
Climate Audit 228
Donna Laframboise 531
Judith Curry 1205
Geneva Business Insider 40
Media Monarchy 2831
Syria Report 84
Human Rights Investigation 94
Intifada (Voice of Palestine) 1685
Down With Tyranny 14051
Laura Wells Solutions 51
Video Rebel's Blog 497
Revisionist Review 485
Aletho News 23528
ضد العولمة 27
Penny for your thoughts 3485
Northerntruthseeker 3110
كساريات 37
Color Revolutions and Geopolitics 27
Stop Nato 4948
AntiWar.com Blog 3503
AntiWar.com Original Content 7862
Corbett Report 2749
Stop Imperialism 491
Land Destroyer 1332
Webster Tarpley Website 1165

Compiled Feeds

Public Lists

Title Visibility
Funny Public