Newt Gingrich Admits – Donald Trump No Longer Wants to ‘Drain the Swamp’

Posted: December 22, 2016 in Uncategorized

Source: Michael Krieger, Liberty Blitzkrieg

Not that he ever wanted to, but here’s Newt Gingrich admitting what many of us already knew regarding Donald Trump’s fake populism.

Politico reports:

President-elect Donald Trump campaigned on a promise to “drain the swamp” in Washington of corruption, but now that he’s preparing to move into the White House, Newt Gingrich said the Manhattan real estate mogul is looking to distance himself from that message.

“I’m told he now just disclaims that. He now says it was cute, but he doesn’t want to use it anymore,” the former House Speaker and close Trump adviser said of the “drain the swamp” message in an NPR interview published Wednesday morning.

Trump’s Cabinet and other high-level appointments seem to have deviated somewhat from his “drain the swamp” message. After attacking Democrat Hillary Clinton regularly throughout the campaign for being too close to Wall Street banks, Trump has put three former Goldman Sachs executives in prominent White House positions, including Steven Mnuchin as treasury secretary, Steve Bannon as chief White House strategist and Gary Cohn as the director of the National Economic Council.

As I highlighted in the recent post, The Election Never Ended:

As Anthony Scaramucci, a hedge fund manager and top adviser to Trump, as well as a former Goldman Sachs banker himself, put it Thursday: “I think the cabal against the bankers is over.”

Indeed, as we all know, U.S. government economic policy has been essentially handed over to Goldman Sachs during this transition period. Must be a reward for its most recent settlement for rigging yet another market.

Reuters reports:

Goldman Sachs Group Inc will pay a $120 million penalty to resolve civil charges that it attempted to manipulate a global benchmark for interest rate products known on Wall Street as “ISDAFIX,” U.S. derivatives regulators said Wednesday. The case against Goldman Sachs, brought by the Commodity Futures Trading Commission, was the latest in a series of broad investigations into manipulation by big banks of a variety of global benchmark rates. . .

Source: Newt Gingrich Admits – Donald Trump No Longer Wants to ‘Drain the Swamp’

Comments
  1. […] Source: Newt Gingrich Admits – Donald Trump No Longer Wants to ‘Drain the Swamp’ | The Most Revolution… […]

  2. PeaceFrog says:

    Hillary, Bill and other Democrats are cozy with Goldman and Wall Street, and have taken countless millions of their money. Trump will be pro-business, but, I doubt he will systematically eliminate manufacturing and other high paying jobs needed to restore a middle class that was destroyed by Democrats and Republicans before him starting with Reagan’s Administration.

    • It’s hard to say – the people he’s appointing to his cabinet have tended to be in favor of doing anything necessary to increase personal and corporate profits.

      • PeaceFrog says:

        There is the possibility of Wall Street and Main Street both doing better. If Trump continues to push for maintaining a domestic manufacturing base, along with an aggressive infrastructure project, we could see a rise in the stock market along with a rise in real wages. I believe that the last candidate who had the will and business acumen to make this happen was Perot.

  3. rudolfalbert says:

    Reblogged this on rudolfwordpressblog.

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