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Title: Steve Bannon Says Joining Goldman Sachs Is Like ‘Joining The Jesuits’
Source: Mint Press News
URL Source: http://www.mintpressnews.com/steve- ... ke-joining-the-jesuits/222677/
Published: Dec 1, 2016
Author: Dan Wright
Post Date: 2016-12-01 13:26:02 by Deckard
Keywords: None
Views: 591
Comments: 2

Despite Steve 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.

Steve Bannon, campaign CEO for Republican presidential candidate Donald Trump,<BR> 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,
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? (1 image)

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#1. To: Deckard (#0)

So in Bannon's universe, Middle Class Americans get "f—ed over" by Trump's nationalist fascists instead of by neocon-globalist fascists...

As if there's any difference... "f—ed over" is still "f—ed over" no matter who's doing the "f—ing."

Willie Green  posted on  2016-12-01   13:46:34 ET  Reply   Trace   Private Reply  


#2. To: Willie Green (#1)

So in Bannon's universe, Middle Class Americans get "f—ed over" by Trump's nationalist fascists instead of by neocon-globalist fascists...

There's nothing in the street
Looks any different to me
And the slogans are replaced, by-the-bye
And the parting on the left
Is now the parting on the right
And the beards have all grown longer overnight

I'll tip my hat to the new constitution
Take a bow for the new revolution
Smile and grin at the change all around me
Pick up my guitar and play
Just like yesterday
Then I'll get on my knees and pray

We don't get fooled again

"Meet the new boss - Same as the old boss"

“Truth is treason in the empire of lies.” - Ron Paul

"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards."

Deckard  posted on  2016-12-01   14:04:24 ET  Reply   Trace   Private Reply  


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