HOME



Digby's Hullabaloo
2801 Ocean Park Blvd.
Box 157
Santa Monica, Ca 90405



Facebook: Digby Parton

Twitter:
@digby56
@Gaius_Publius
@BloggersRUs (Tom Sullivan)
@spockosbrain



emails:
Digby:
thedigbyblog at gmail
Dennis:
satniteflix at gmail
Gaius:
publius.gaius at gmail
Tom:
tpostsully at gmail
Spocko:
Spockosbrain at gmail
tristero:
Richardein at me.com








Infomania

Salon
Buzzflash
Mother Jones
Raw Story
Huffington Post
Slate
Crooks and Liars
American Prospect
New Republic
Common Dreams
AmericanPoliticsJournal
Smirking Chimp
CJR Daily
consortium news

Blog-o-rama

Eschaton
BagNewsNotes
Daily Kos
Political Animal
Driftglass
Firedoglake
Taylor Marsh
Spocko's Brain
Talk Left
Suburban Guerrilla
Scoobie Davis
Echidne
Electrolite
Americablog
Tom Tomorrow
Left Coaster
Angry Bear
oilprice.com
Seeing the Forest
Cathie From Canada
Frontier River Guides
Brad DeLong
The Sideshow
Liberal Oasis
BartCop
Juan Cole
Rising Hegemon
alicublog
Unqualified Offerings
Alas, A Blog
RogerAiles
Lean Left
Oliver Willis
skippy the bush kangaroo
uggabugga
Crooked Timber
discourse.net
Amygdala
the talking dog
David E's Fablog
The Agonist


Denofcinema.com: Saturday Night at the Movies by Dennis Hartley review archive

01/01/2003 - 02/01/2003 02/01/2003 - 03/01/2003 03/01/2003 - 04/01/2003 04/01/2003 - 05/01/2003 05/01/2003 - 06/01/2003 06/01/2003 - 07/01/2003 07/01/2003 - 08/01/2003 08/01/2003 - 09/01/2003 09/01/2003 - 10/01/2003 10/01/2003 - 11/01/2003 11/01/2003 - 12/01/2003 12/01/2003 - 01/01/2004 01/01/2004 - 02/01/2004 02/01/2004 - 03/01/2004 03/01/2004 - 04/01/2004 04/01/2004 - 05/01/2004 05/01/2004 - 06/01/2004 06/01/2004 - 07/01/2004 07/01/2004 - 08/01/2004 08/01/2004 - 09/01/2004 09/01/2004 - 10/01/2004 10/01/2004 - 11/01/2004 11/01/2004 - 12/01/2004 12/01/2004 - 01/01/2005 01/01/2005 - 02/01/2005 02/01/2005 - 03/01/2005 03/01/2005 - 04/01/2005 04/01/2005 - 05/01/2005 05/01/2005 - 06/01/2005 06/01/2005 - 07/01/2005 07/01/2005 - 08/01/2005 08/01/2005 - 09/01/2005 09/01/2005 - 10/01/2005 10/01/2005 - 11/01/2005 11/01/2005 - 12/01/2005 12/01/2005 - 01/01/2006 01/01/2006 - 02/01/2006 02/01/2006 - 03/01/2006 03/01/2006 - 04/01/2006 04/01/2006 - 05/01/2006 05/01/2006 - 06/01/2006 06/01/2006 - 07/01/2006 07/01/2006 - 08/01/2006 08/01/2006 - 09/01/2006 09/01/2006 - 10/01/2006 10/01/2006 - 11/01/2006 11/01/2006 - 12/01/2006 12/01/2006 - 01/01/2007 01/01/2007 - 02/01/2007 02/01/2007 - 03/01/2007 03/01/2007 - 04/01/2007 04/01/2007 - 05/01/2007 05/01/2007 - 06/01/2007 06/01/2007 - 07/01/2007 07/01/2007 - 08/01/2007 08/01/2007 - 09/01/2007 09/01/2007 - 10/01/2007 10/01/2007 - 11/01/2007 11/01/2007 - 12/01/2007 12/01/2007 - 01/01/2008 01/01/2008 - 02/01/2008 02/01/2008 - 03/01/2008 03/01/2008 - 04/01/2008 04/01/2008 - 05/01/2008 05/01/2008 - 06/01/2008 06/01/2008 - 07/01/2008 07/01/2008 - 08/01/2008 08/01/2008 - 09/01/2008 09/01/2008 - 10/01/2008 10/01/2008 - 11/01/2008 11/01/2008 - 12/01/2008 12/01/2008 - 01/01/2009 01/01/2009 - 02/01/2009 02/01/2009 - 03/01/2009 03/01/2009 - 04/01/2009 04/01/2009 - 05/01/2009 05/01/2009 - 06/01/2009 06/01/2009 - 07/01/2009 07/01/2009 - 08/01/2009 08/01/2009 - 09/01/2009 09/01/2009 - 10/01/2009 10/01/2009 - 11/01/2009 11/01/2009 - 12/01/2009 12/01/2009 - 01/01/2010 01/01/2010 - 02/01/2010 02/01/2010 - 03/01/2010 03/01/2010 - 04/01/2010 04/01/2010 - 05/01/2010 05/01/2010 - 06/01/2010 06/01/2010 - 07/01/2010 07/01/2010 - 08/01/2010 08/01/2010 - 09/01/2010 09/01/2010 - 10/01/2010 10/01/2010 - 11/01/2010 11/01/2010 - 12/01/2010 12/01/2010 - 01/01/2011 01/01/2011 - 02/01/2011 02/01/2011 - 03/01/2011 03/01/2011 - 04/01/2011 04/01/2011 - 05/01/2011 05/01/2011 - 06/01/2011 06/01/2011 - 07/01/2011 07/01/2011 - 08/01/2011 08/01/2011 - 09/01/2011 09/01/2011 - 10/01/2011 10/01/2011 - 11/01/2011 11/01/2011 - 12/01/2011 12/01/2011 - 01/01/2012 01/01/2012 - 02/01/2012 02/01/2012 - 03/01/2012 03/01/2012 - 04/01/2012 04/01/2012 - 05/01/2012 05/01/2012 - 06/01/2012 06/01/2012 - 07/01/2012 07/01/2012 - 08/01/2012 08/01/2012 - 09/01/2012 09/01/2012 - 10/01/2012 10/01/2012 - 11/01/2012 11/01/2012 - 12/01/2012 12/01/2012 - 01/01/2013 01/01/2013 - 02/01/2013 02/01/2013 - 03/01/2013 03/01/2013 - 04/01/2013 04/01/2013 - 05/01/2013 05/01/2013 - 06/01/2013 06/01/2013 - 07/01/2013 07/01/2013 - 08/01/2013 08/01/2013 - 09/01/2013 09/01/2013 - 10/01/2013 10/01/2013 - 11/01/2013 11/01/2013 - 12/01/2013 12/01/2013 - 01/01/2014 01/01/2014 - 02/01/2014 02/01/2014 - 03/01/2014 03/01/2014 - 04/01/2014 04/01/2014 - 05/01/2014 05/01/2014 - 06/01/2014 06/01/2014 - 07/01/2014 07/01/2014 - 08/01/2014 08/01/2014 - 09/01/2014 09/01/2014 - 10/01/2014 10/01/2014 - 11/01/2014 11/01/2014 - 12/01/2014 12/01/2014 - 01/01/2015 01/01/2015 - 02/01/2015 02/01/2015 - 03/01/2015 03/01/2015 - 04/01/2015 04/01/2015 - 05/01/2015 05/01/2015 - 06/01/2015 06/01/2015 - 07/01/2015 07/01/2015 - 08/01/2015 08/01/2015 - 09/01/2015 09/01/2015 - 10/01/2015 10/01/2015 - 11/01/2015 11/01/2015 - 12/01/2015 12/01/2015 - 01/01/2016 01/01/2016 - 02/01/2016 02/01/2016 - 03/01/2016 03/01/2016 - 04/01/2016 04/01/2016 - 05/01/2016 05/01/2016 - 06/01/2016 06/01/2016 - 07/01/2016 07/01/2016 - 08/01/2016 08/01/2016 - 09/01/2016 09/01/2016 - 10/01/2016 10/01/2016 - 11/01/2016 11/01/2016 - 12/01/2016 12/01/2016 - 01/01/2017 01/01/2017 - 02/01/2017 02/01/2017 - 03/01/2017


 

This page is powered by Blogger. Isn't yours?

Hullabaloo


Sunday, February 12, 2017

 
Let's have some of that good old Trumpish populism!

by digby


















Because he cares about the plight of the white working class and wants more than anything to help them achieve the American dream:
A few weeks after the election, Gary Cohn, the president of Goldman Sachs, was summoned to Trump Tower for a discussion about the economy. It would be the first of many such meetings with President-elect Donald J. Trump.

During that sit-down, on Nov. 29, Mr. Cohn briefed Mr. Trump on what he regarded as the chief hurdle to expanding the economy, according to people who were briefed on the discussion: a stronger dollar, which would undermine efforts to create jobs.

Mr. Cohn also argued that the bold infrastructure projects that Mr. Trump envisioned would need private-industry partners, those people said, in order to avoid weighing down the government with costs.

That got Mr. Trump’s attention.

The president-elect turned to the other people in the room — his son-in-law, Jared Kushner; his chief strategist, Stephen K. Bannon; his chief of staff, Reince Priebus; and Steven T. Mnuchin, his campaign’s chief fund-raiser and Mr. Trump’s nominee to be Treasury secretary — surprised that his infrastructure ideas had such a potential downside.

“Is this true?” Mr. Trump asked the group, according to those people. Heads nodded. “Why did I have to wait to have this guy tell me?” he demanded.

It would not be the only time Mr. Cohn was a lonely voice in Mr. Trump’s inner sanctum. Two and a half months after that initial meeting, with key economic posts in the White House and cabinet still vacant, he has become the go-to figure on matters related to jobs, business and growth. He resigned from his position at Goldman in December to become director of the president’s National Economic Council.

Apparently, he's been sitting down with the president on a regular basis to tutor him on economics and has formed a separate power base that may offset the white nationalist world domination agenda. So Wall Street has Trump's ear. Surprise.

He doesn't seem to be insane, which is a big plus in this administration. But he's also not a populist which one would think would disturb Trump's supporters but they don't seem to care.

The fact is that Trump is not a populist and never was one. He's a white nationalist, like Bannon, and there are economic elements to that nationalism. But the devil is in the details and Trump doesn't have a clue about that. (For instance this thing about currency....)

Anyway, here's what we can look forward to:
Topping Mr. Cohn’s current to-do list: corporate and individual tax reforms, to be carried out at the same time; improvements to infrastructure to create new jobs; and regulatory relief in general.

He is also studying how to revamp the Affordable Care Act, which Mr. Trump vowed during the campaign to repeal — a promise that is proving to be more complicated to keep than he had expected.

Mr. Cohn is working with a health care specialist and consulting with House Republicans: Speaker Paul D. Ryan; Kevin McCarthy, the majority leader; and Jeb Hensarling, chairman of the Financial Services Committee. Mr. Cohn is determining which aspects of the act may be worth keeping (allowing people to stay on their parents’ plans until age 26 and mandating coverage of people with pre-existing conditions) and which may not (allowing people to sign up for health insurance outside of the typical enrollment periods).

Orin Snyder, a corporate litigator and longtime friend of Mr. Cohn’s who speaks to him regularly, said, “He is working around the clock, energized and focused like a laser beam on developing the best plan for implementing the president’s economic agenda.”

This account of Mr. Cohn’s role in economic matters, amid the tumultuous first three weeks of the Trump administration, is based on interviews with four people who have observed or been briefed on his transition from Goldman to the White House and his early work in the administration.

Mr. Trump has already vowed to dismantle the Dodd-Frank Act, the financial regulation law that was passed in 2010, and has ordered a reassessment of an Obama-era rule requiring financial advisers to act in the best interest of their clients. The efforts have helped push up stock markets, particularly shares of financial companies.

They have also generated outrage in some quarters. “The way I see this, there was a devastating financial crisis just over eight years ago,” Senator Elizabeth Warren, Democrat of Massachusetts, said. “Goldman Sachs was at the heart of that crisis. The idea that the president is now going to turn over the country’s economic policy to a senior Goldman executive turns my stomach.”

It is not just that Mr. Cohn, 56, has a prominent role in economic policy; he is one of the few senior administration officials addressing those issues on the job right now. Questions of job creation and financial regulation might fall within the purview of not only the National Economic Council but also of the Council of Economic Advisers — a panel of experts that has historically operated within the White House — and the Treasury secretary. But Mr. Trump indicated on Wednesday that the vacant position of council chairman would not be cabinet-level, and Mr. Mnuchin has yet to be confirmed.

Mr. Cohn collaborates frequently with Mr. Kushner, who is now a senior adviser to Mr. Trump. Along with Mr. Kushner and his wife, Ivanka Trump, Mr. Cohn recently helped persuade the president not to pursue an executive order that would have rolled back rights for gay, lesbian, bisexual and transgender people.

Trump didn't give any speeches to Goldman Sachs so many people considered him a friend of the working class because he hates multinational trade agreements. Of course if anyone had listened to what he actually said, he doesn't hate them because they are unfair to American workers, it's because he thinks "America" can negotiate a better deal for American businesses if they can strong arm other countries one on one. He's just fine with competition driving down American wages, as long as the competitors are American businesses. In fact, he has said outright that wages have to come down so that we can "compete" with the low wage countries around the world.

I'm sure Cohn agrees with that and will find a way to guide our puerile TV addict president to the right policies. His role, and Mnuchin's,  will be to make the country very, very safe for billionaires. Bannon and Miller will be fine with all that as long as they can build their walls and crack down on "crime" and Make America White Again.

.