Saturday, November 23, 2024
President-elect Trump makes a cabinet pick which puts the entire Trumpist project in question
President-elect Trump makes a cabinet pick which puts the entire Trumpist project in question
By RM
saturday, november 23, 2024 at 12:10:00 p.m. est
https://www.barnhardt.biz/2024/11/22/toldya-trump-names-sodomite-whose-career-was-spent-at-soros-capital-management-as-treasury-secretary/
-RM
By RM
saturday, november 23, 2024 at 12:40:00 p.m. est
Cross-posted from zh-even the commenters over there are finally seeing Trump for what he is:
“Bessent’s relationship with Soros began in the early 1980s when he joined Soros Fund Management after graduating from Yale university. known for his sharp analytical skills and strategic thinking, Bessent quickly advanced, becoming an influential part of Soros’s team in london.
“he then played a pivotal role in the ‘black wednesday’ trade of 1992, when Soros famously ‘broke the Bank of England’ by betting against the british pound. this trade earned Soros’s team over $1 billion and solidified Soros’s reputation as a formidable figure in global finance.”
-RM
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3 comments:
Maybe Soros is going to "break our bank" too. Never mind--he doesn't have to--it's "broke" 8 trillion times over already.
--GRA
BEND OVER,AMERICA--TRUMP CHOOSES GAY BLADE AS TREASURY SECRETARY.
(NYTimes)In the heat of the 2000 presidential campaign, Vice President Al Gore took a break from barnstorming battleground states to attend a fund-raiser for the Democratic National Committee in East Hampton, N.Y. Standing behind Mr. Gore onstage was Scott Bessent, a hedge fund manager and — at the time — a major donor to Democrats who co-hosted the event at his home.
On Friday evening, Mr. Bessent was tapped by President-elect Donald J. Trump to be his Treasury secretary. Having won the trust of Mr. Trump and his inner circle, Mr. Bessent would lead a Republican economic agenda of cutting taxes, culling federal regulations and enacting sweeping tariffs.
The selection caps an extraordinary career arc for an investor who was once a protégé of the liberal billionaire philanthropist George Soros and who gave money to top Democrats including Hillary Clinton, John Kerry and Barack Obama.
“He was very supportive of the causes and the people that we supported,” said Will Trinkle, a Democrat who co-hosted the event with Mr. Gore. He noted that Mr. Bessent, who would be the first openly gay Treasury secretary, was a strong advocate for gay rights and marriage equality.
GRA:Did Trump have a massive stroke a couple days ago? That can be his only excuse for choosing a Secretary of Fudgepacking.
--GRA
PRESIDENT TRUMP PLANS TO USE "IMPOUNDMENT" TO CUT GOVERNMENT SPENDING
(ZH)President-elect Donald Trump has said he intends to cut government spending by reasserting the presidential power of impoundment, a move certain to spark a court battle and one that could redefine presidential power for decades to come.
Impoundment occurs when the president chooses not to disburse funds authorized by Congress; instead leaving them unspent in the U.S. Treasury.
This power is not mentioned in the Constitution but has been employed by presidents since Thomas Jefferson. Congress enacted limits on the practice 50 years ago.
Now, Trump intends to challenge the Impoundment Control Act of 1974 (ICA), which he believes is unconstitutional.
“I will use the president’s long-recognized Impoundment Power to squeeze the bloated federal bureaucracy for massive savings,” Trump said when announcing his plan in June 2023.
Others say the ICA was needed to prevent the misuse of impoundment to alter congressional spending priorities, not merely eliminate waste.
Expanded use of impoundment power seems certain to be challenged in court.
GRA:The "light in his loafers",treasury secretary has a different definition of being "impounded".
--GRA
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