As I noted in last Friday's piece, Donald Trump Finally Comes Out of the Closet, the firing of Steve Bannon represents the most significant event to occur during the Trump administration thus far. For the purposes of this piece, it's important to review some of what I wrote:
Irrespective of what you think of Bannon, him being out means Wall Street and the military-industrial complex is now 100% in control of the Trump administration. Prepare for an escalation of imperial war around the world and an expansion of brutal oligarchy.
The removal of Bannon is the end of even a facade of populism. This is now the Goldman Sachs Presidency with a thin-skinned, unthinking authoritarian as a figurehead. Meanwhile, guess who’s still there in addition to the Goldman executives? Weed obsessed, civil asset forfeiture supporting Jefferson Sessions. The Trump administration just bacame ten times more dangerous than it was before. With the coup successful, Trump no longer needs to be impeached.
Here’s another prediction. Watch the corporate media start to lay off Trump a bit more going forward. Rather than hysterically demonize him for every little thing, corporate media will increasingly give him more of the benefit of the doubt. After all, a Presidency run by Goldman Sachs and generals is exactly what they like. Trump finally came out of the closet as the anti-populist oligarch he is, and the results won’t be pretty.
Of course, his cheerleaders will remain enthusiastically in denial about what's happened to their hero, but Trump has been totally brought to heel, a fact that'll become increasingly crystal clear in the months ahead. This is now your standard Wall Street and military-industrial complex run Presidency.
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