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Gary Cohn is giving Goldman Sachs everything it ever wanted from the Trump Administration

Gary Rivlin, Michael Hudson Part 2 - GOLDMAN ALWAYS WINS Goldman Sachs had been a favorite cudgel for candidate Trump — the symbol of a government that favors Wall Street over its citizenry. Trump proclaimed that Hillary Clinton was in the firm’s pockets, as was Ted Cruz. It was Goldman Sachs that Trump singled out when he railed against a system rigged in favor of the global elite — one that “ robbed our working class, stripped our country of wealth, and put money into the pockets of a handful of large corporations and political entities. ” Cohn, as president and chief operating officer of Goldman Sachs, had been at the heart of it all. Aggressive and relentless, a former aluminum siding salesman and commodities broker with a nose for making money, Cohn had turned Goldman’s sleepy home loan unit into what a Senate staffer called “ one of the largest mortgage trading desks in the world. ” There, he aggressively pushed his sales team to sell mortgage-backed securiti

Η Αριστερά και η Βενεζουέλα

του Κλάουντιο Κατς Μέρος 2ο - Αποτίμηση της βίας Τα στοιχεία που παρουσίασε η αντιπολίτευση είναι διαμετρικά αντίθετα, αλλά αποκρούστηκαν από λεπτομερείς αναφορές σχετικά με τα θύματα. Εφόσον ουδείς αναγνωρίζει την ύπαρξη «ανεξάρτητων» αποτιμήσεων, μπορεί κανείς να κρίνει τα τεκταινόμενα ανατρέχοντας σε προηγούμενα γεγονότα. Στις ταραχές του Φεβρουαρίου του 2014, σκοτώθηκαν 43 άνθρωποι. Ο θάνατος των συντριπτικά περισσότερων δεν είχε καμιά σχέση με τις συγκρούσεις ή την αστυνομική καταστολή. Κατά παρόμοιο τρόπο, θα πρέπει να ανατρέξουμε στο πώς αντέδρασε η αντιπολίτευση όταν αντιμετώπισε μια αντίστοιχη πρόκληση. Οι κυβερνήσεις της κατέστειλαν το “Caracazo” του 1989 [τον ξεσηκωμό των κατοίκων του Καράκας για τις τεράστιες αυξήσεις στη βενζίνη και στα μέσα μαζικής μεταφοράς] με εκατοντάδες νεκρούς και χιλιάδες τραυματίες. Η κατάσταση στη Βενεζουέλα είναι δραματική, αλλά αυτό δεν εξηγεί την περίοπτη θέση που κατέχει η χώρα σε όλα τα δελτία ειδήσεων. Πολύ πι

A disease associated with poverty reappears in the US after decades

globinfo freexchange Richard Wolff reveals another shocking fact showing that poverty and inequality have been growing continuously inside the obsolete capitalist system. A recent study reveals that a disease related to poverty has returned to the United States: A study carried out by the National School of Tropical Medicine at Baylor College of Medicine, in conjunction with the Alabama Center for Rural Enterprise (ACRE), found that a disease - associated throughout the history of medicine with poverty - has resurfaced in the United States, decades after it was officially announced to have been eradicated. The disease is called Hookworm, an intestinal parasite that thrives on extreme poverty. The study found that in the state of Alabama, which is where this study was conducted, there are all kinds of incidences of Hookworm that we thought we had eradicated. In a survey of people, living in Lowndes County, which is a county in Alabama, an area wi

Gary Cohn is giving Goldman Sachs everything it ever wanted from the Trump Administration

Gary Rivlin, Michael Hudson Part 1 Steve Bannon was in the room the day Donald Trump first fell for Gary Cohn. So were Reince Priebus, Jared Kushner, and Trump’s pick for secretary of Treasury, Steve Mnuchin. It was the end of November, three weeks after Trump’s improbable victory, and Cohn, then still the president of Goldman Sachs, was at Trump Tower presumably at the invitation of Kushner, with whom he was friendly. Cohn was there to offer his views about jobs and the economy. But, like the man he was there to meet, he was at heart a salesman. On the campaign trail, Trump had spoken often about the importance of investing in infrastructure. Yet the president-elect had apparently failed to appreciate that the government would need to come up with hundreds of billions of dollars to fund his plans. Cohn, brash and bold, wired to attack any moneymaking opportunity, pitched a fix that would put Wall Street firms at the center: Private-industry partners could h

Banning Saudi Arabia from Labour conference hints at Corbyn’s likely tough stance as PM

Labour leader Jeremy Corbyn’s decision to bar Saudi Arabia from his party’s annual conference next week suggests he would not be afraid to cut military and diplomatic ties with the Gulf kingdom over its war on Yemen if he becomes prime minister. A Labour spokesperson told the Huffington Post on Monday: “ Following evidence of war crimes committed by Saudi Arabia in its bombing campaign in Yemen and other large scale human rights abuses, the NEC [National Executive Committee] agreed that the embassy’s application to attend the Labour Party conference would not be accepted. ” Labour also barred Sudan from the conference, which begins next Sunday in Brighton. In response, the London office of the League of Arab States wrote to Labour MPs and peers to tell them a reception and dinner hosted by Arab ambassadors would be canceled. “ Unfortunately, the council of Arab Ambassadors has taken the decision to cancel its annual reception and buffet dinner, ” the lett