Wall Street lawyer Jay Clayton, who defended big banks against regulators during the financial crisis, is President-elect Donald Trump's pick to head the federal agency charged with policing Wall Street.
If this headline surprises anyone, it means they have not been paying attention!
When Trump's slogan was: " MAKE AMERICA GREAT AGAIN" Trump left out what part of America he meant!
The Trump voters will lose interest in this in 5, 4, 3, 2, 1...
All Clayton looks out for is the next big payoff check...not unlike his anointer whose sole purpose in life is to seek adulation and gorge himself on luxuries at the expense of anyone and anything that may get in the way of his pursuit. Gargantuan grasping greed is their fuel. They have no hearts...just deep, dark, devil-occupied spaces in their chests. Yet another in a long line of anointees chosen to dismantle our nation one large segment at a time, which is to be expected of this orange Satan. Guess T-dump's use of the term "great" is synonymous with grievous or grave as reflected in his choices. And T-dumps devotees will be reduced to eating cardboard, raiding dumpsters and sleeping on grates.
Reminds me of another administration:
99% of Trump voters could not tell you what SEC stands for.
Southeast Conference, well, duh... /s
Good one, and the prize goes to.......Ta dah! Florida
"the American people pay the price in lost homes, jobs, savings"
And right there is the problem. You'll notice that it's the American people who will be hurt, not the banking class. Eventually the drumpfbots will spin this one, too, just the way they spun the other Goldman appointees as being people who know how the system operates and are therefore uniquely placed to ride herd on it. But they have never been able to identify a single reason that these people will want to control the banking industry rather than use their power to make themselves even richer.
They will regain their interest when the organic waste connects with the ventilatory device. It is our responsibility to ensure that they then are aware of just why things went to blazes in a hand basket and to out shout the fake news broadcasters (faux, breitbart, drudge, etc.).
Speaking of Foxes and Henhouses ..
This sounds like a headline from The Onion, but it's the NY Times and it's real.
Can't make this up:
California Hires Eric Holder as Legal Bulwark Against Donald Trump
LOS ANGELES — Girding for four years of potential battles with President-elect Donald J. Trump, Democratic leaders of the California Legislature announced Wednesday that they had hired Eric H. Holder Jr., who was attorney general under President Obama, to represent them in any legal fights against the new Republican White House.
The decision by the Legislature to retain Mr. Holder, who is now a prominent Washington lawyer, is the latest sign of the ideological battle that may play out over the next four years between this predominantly Democratic state and Washington. Hillary Clinton, the Democratic candidate for president, defeated Mr. Trump by more than four million votes here.
“Having the former attorney general of the United States brings us a lot of firepower in order to prepare to safeguard the values of the people of California,” Kevin de León, the Democratic leader of the Senate, said in an interview. “This means we are very, very serious.”
Mr. de León said he expected California to challenge Washington — and defend itself from policies instituted in Washington — on issues including the environment, immigration and criminal justice. He said California Democrats decided to turn to Mr. Holder as they watched Mr. Trump assemble his cabinet and begin to set the tone for his presidency. ..
The Legislature has an ample stable of lawyers on staff, but officials said Mr. Holder and his firm brought specific litigation and political skills that could be needed in the coming years. Mr. de León said the final compensation for the firm had not been set, but would be publicly disclosed once it was.
“The cost will be very minimal compared to the billions of dollars at stake if California doesn’t adequately make its case,” he said.