So I'm doing this short myTake just as an update to the other two that i made previously. If you haven't read them, i encourage you to. Part I was about the five main reasons why Donald Trump beat Hillary Clinton, and Part II was about why I today am still firmly anti Trump....and this update is going to reinforce exactly why I feel that electing Trump was a mistake. I'm also doing this update to give people an opportunity to comment on Part I and II, as i didn't allow comments previously.
Now onto business. What has changed in a matter of days? A lot actually. We are now starting to get word on the kinds of people Donald Trump is considering to add to his administration. I'm going to focus on two in particular and show those who care to listen, the level of destruction already being flirted with before he has even taken power. This take is not for people who support Trump, because I know that no matter what i post here, you will likely stand by whatever he does...and so im not looking to change your mind even in the slightest. This take isn't even so much for Hillary supporters either, as I kind of know where you stand already. This update is primarily for observers who are still sort of teetering back and forth on the fence, trying to figure out how they should feel about a Trump presidency. Allow me to...help you out with that.
Who may potentially be the next Treasury Secretary of the USA?
Now this one for me was probably the most surprising. It was surprising because even though I give Trump a lot of shit, I really didn't think he was this clueless. But lets dive in. So a few people, particularly Trump supporters, who read Part I of this series stated that they pretty much agreed with the reasons i stated as to why Trump won. One of those reasons in particular was due to how close Hillary Clinton was to wall street, and the fact that Trump didn't cater to these people like she did. I want to focus on a paragraph from that myTake in particular, and I want you to take special note of the names bolded/italicized:
Since the 21st century began, America has been under the control of Wall Street candidates. Bush was a puppet of wall street, Obama was a puppet of wall street, and undoubtedly, Hillary Clinton was a puppet of Wall Street. When you work for wall street, you basically give up on caring about issues that affect Americans, because these issues aren't aligned with what Wall Street wants. People like Jamie Dimon of JP Morgan, Lloyd Blankfein of Goldman Sachs and the now disgraced CEO of Wells Fargo (thanks to Elizabeth Warren), John Stumpf don't give two shits about the average American.
So, I mentioned these names in particular because anyone who knows anything about anything knows who at least two of these three people are. These names fly off the tongue because they are so often in the news for some new corruption scandal concerning themselves or the banks they oversee. They are the most well known names in wall street because they are the most well known crooks who screw over thousands of people for a living and NEVER get prosecuted for it.
Think of it this way: Hillary Clinton is to corruption on main street as Jamie Dimon is to corruption on Wall Street. So given how much Trump railed against wall street, it would make sense that he would want to keep wall street as far away from controlling the direction of the whole country's money as possible right? Sure, that makes sense. So who is one of the individuals being considered as treasury secretary of the U.S.?
I shit you not.
Literally one day after I wrote that mytake, I see news articles concerning one of the individuals Trumps administration is thinking about adding to the team. See for yourself here.
From the article:
In the wake of Donald Trump's upset victory, advisors have floated the idea of naming Jamie Dimon as treasury secretary, according to two people familiar with the matter, but one of them added that the JPMorgan chief has said he would not be interested in the role.
It was unclear who within Trump's circle of advisors raised the idea or who else might be under consideration for treasury secretary. Trump campaign finance chief Steven Mnuchin, a former Goldman Sachs official, is reportedly considered to be the front runner.
I lol'd. So even if Dimon doesn't get the job, the frontrunner for the job is a Goldman Sachs operative, and the only reason why Dimon may not get the job is because he apparently has better things to do. Remember what the secretary of the treasury is responsible for. They basically write all of the laws that banks and other institutions/individuals have to follow:
The Secretary of the Treasury is responsible for formulating and recommending domestic and international financial, economic, and tax policy, participating in the formulation of broad fiscal policies that have general significance for the economy, and managing the public debt.
So by putting Wall street in Direct control of the treasury, you're basically giving them free reign to rewrite the rules of the game for their benefit.
You want to know one of the reasons why i supported Hillary? Because despite how in bed she was with wall street, she would never have been so brazen, so bold, to put such an infamous, well known corrupt banker to control the damn Treasury of the United States. At the very least, she would've picked a lesser known, more obscure wall streeter in there, similar to Obama's pick of Timothy Geithner when he won in 2008. But Jamie fucking Dimon? You've got to be kidding me.
Who may potentially be the next Secretary of State for the USA?
So most of us are aware that Hillary Clinton was the previous secretary of state, and she caused a great deal of damage pushing for the overturning of Gadaffi in Libya, and later the destruction of Syria. So we all know the woman is a war monger, and this was another one of the reasons i pointed out in Part I of this series why Trump beat her. Allow me to quote part of what I said, and again, take note of what I've bolded/italicized:
Hillary's incessant need to flip governments that are opposed to America is well known, and all it has caused is chaos and destruction in these regions. Libya was a total failure. The country is now several times worse than it was when Gaddafi was alive. Now Syria is under threat, and Hillary was willing to throw up a no fly zone over all of Syria which would have undoubtedly started a war with Russia. But don't take my word for it.
As i stated before, one of the main reasons Hillary lost (and rightfully so), was because she was a war monger. She's linked to a lot of upheaval in the middle east, and was on the verge of potentially starting a war with Russia itself. She would even come to blame the DNC hacks on the Russians, threatening economic and even military consequences as a result, despite having no tangible proof that the Russians were even responsible. Trump pushed back against this, and promised that he wasn't going to start conflict with Russia. Thats great. Even though I supported Hillary, I liked the fact that Trump didn't appear to be quite as hungry to start shit with Russia as Hillary was...even though i was skeptical over whether Trump actually meant it.
So, given his stance on war with Russia and conflict within the middle east in general, it would make sense for the Trump administration to consider the new Secretary of State to be someone who's basically the opposite of who Hillary Clinton was. Someone who isn't a neocon, and had a cool, level head on Russia, Syria and the potential threats in the middle east...right? Sure, of coarse...of coarse. So who's one of the major candidates being considered for Secretary of State under Trump?
John Bolton. (Source)
Sounds like he came right out of Game of Thrones right? Well given his views on foreign policy, he may as well have. Surely his stance on Syria and Russia differ from Hillary Clintons though, right? Here's his view which he published back in 2012 when was part of Mitt Romney's campaign against Obama:
Significantly, U.S. intervention could not be confined to Syria and would inevitably entail confronting Iran and possibly Russia. This the Obama administration is unwilling to do, although it should. In the case of Russia, such a confrontation would likely break the famous “reset” button beyond repair. As a president waiting for reelection so he can be more “flexible” toward Moscow, Obama is simply incapable of contemplating this step.
Of coarse he was incapable of contemplating this step. You would have to be a complete lunatic like Hillary Clinton was, to contemplate taking on Russia AND Iran militarily for the sake of Syria...
But hey, that was way back in 2012. Surely his views have changed right? Well sort of. He's moved on from Syria. He wants to focus on Iran now:
The former Bush State Department official, U.N. ambassador and champion of the Iraq war is exceptionally good at his hobby. At the moment, the Obama administration is trying to nail down a nuclear agreement with Iran, and hawks in Congress are pushing instead for tougher sanctions. But Bolton, now at the conservative American Enterprise Institute, is leading the charge for a third alternative: immediate bombing.
For the mustachioed man of war, force is the option of first resort. The military option isn’t just on the table — it’s the only thing on the menu.
“The inescapable conclusion is that Iran will not negotiate away its nuclear program,” Bolton wrote last week in a New York Times op-ed. “Nor will sanctions block its building a broad and deep weapons infrastructure. The inconvenient truth is that only military action” like Israel’s previous strikes on reactors in Iraq and Syria “can accomplish what is required.”
On Wednesday, I went over to AEI to hear Bolton expand on his views at a forum asking “Is Iran the new North Korea?” The answer, from Bolton’s perspective, was obvious: Iran should be the next Iraq — a war Bolton evidently is still fighting.
Do you want Iran to be the next Iraq?
Yeah, me neither.
What do these early considerations mean?
I'll make this quick. What's important to focus on here is not the individuals themselves per se, because there are many people being considered for many positions...some of which are even worse than the two people i mentioned here. What's important to think about here is the mindset of Trump administration, towards the kinds of people they want in charge of things. Do you think if Donald Trump was as anti wall street as he claimed, that a person like Jamie Dimon would even be considered for Treasury Secretary?
Do you think if Trump was so anti-war, a Bush era neocon like John Bolton would even be considered as Secretary of State? I didn't even bother going into all of the people being considered right now for Secretary of Defense, because they're literally all neocons who make Clinton look like a pacifist. What these early considerations tell me is that America is planning on going the direction of not only a total wall street takeover, but a foreign policy agenda that will make the trillions of dollars spent on Iraq and Afghanistan look like a rounding error.
For the next four years, Americans have my sympathies.
Most Helpful Opinions
I've read part two of this mytake of yours, you mentioned the Petrollar, well I guess it shouldn't be a myth or some sort of conspiracy theory anymore. I watched some videos earlier that brought this up as the real underlying motive and cause as to why things are happening the way they are in the Middle East region. Such as the War in Iraq, because Saddam Hussein had switched the sales of Iraq's oil from the US Dollar to Euros back in September of 2000, and then there were new foreign policies that were implemented and because 9/11 happened, it made things easier to invade Iraq in order to control the oil sales and switch them off from Euros back to the US dollar. I guess we both have an understanding that the dollar used to be backed by gold until President Nixon took it off and turned it into a fiat currency that is entirely debt-based, and instead became backed by petroleum sales from the OPEC nations that had been mandated to always only accept US dollars for their oil transactions. It was brilliant move nonetheless, because oil makes the world go round. Because oil had become integrated into every aspect of civilization: agriculture, transportation, plastics, heating, defense and medicine, and demand just keeps growing and growing. So as long as there was a demand for oil and if oil are only sold in US dollars and not any other currencies then the dollar would always have it's value, but this became challenged by Saddam, Gaddafi, and even Iran since they've all stopped or tried to end using and accepting dollars for their petroleum transactions, which is why they all ended up on America's shitlist. Because if this happens and they're not stopped, it will disrupt the value of the US dollar, the global economy, etc.
Of course the media and everything else would never openly admit any of this to the public. But it does make me wonder, does Trump anything about this or does he understand any of this? If so does he know that the whole paradigm of the debt-based currency system is terribly flawed because it's just simply Not sustainable as it requires perpetual economic growth on a finite world. it seemed like they didn't think ahead, what if those OPEC nations start to drop the dollar eventually for their oil transactions? They made an example of Iraq and Libya, but how far will this go?
Do you think someone will eventually figure this out and find a workaround for this greatly flawed system, before the worst that could happen?
My issue with Trump at the moment is that he's basically on the path of finishing the US economy off from being number one, based on the people he's considering for posts in his administration. You mentioned Iran... well Iran has been on the neoconservative hitlist for a while, but they could never quote get there. Even with Obama, he felt that it was a step too far, which is why he made the Iran deal to begin with. Now he wants to tear it up and hire a guy like John Bolton to start a war with them. This is a TERRIBLE idea, if you actually want to preserve the US dollars status. The problem with Americans is that typically... the worst needs to happen first before they earnestly seek a solution. Likely, the dollar will go into crisis sometime over the next few years, and they will have to reopen the gold convertibility that Nixon closed, but the gold price would have to be raised substantially from where it is now
by the way, have you heard of general Wesley clark? If not, just type his name into YouTube with the words oil and you'll land on a very interesting talk he had with some higher ranked officials in government over Americas foreign policy objectives. Iraq, Iran, Libya and so on have all been part of the plan for some time
I am already aware of General Clark's video explain how they were going to topple seven countries over the course of five years. It absolutely had everything to do with the World Currency status of the Dollar. Gosh, I wish they'll figure it out, putting the dollar back onto gold is only a partial solution, still can't full stop the debts from constantly increasing because of the interests. If Trump realizes that the problem has to do with the system and if he can find a way to continue to give the dollar demand and value in case other nations drops their demand for it and stop using it to purchase oil, then maybe these wars would finally stop. Iran had been selling their oil for other means such as gold, euros, etc. for their oil transactions since July 2011, they had been in the process of organizing an independent oil bourse were building their own oil market. But America wasn't able to declare war on Iran using the WMD narrative again, so now they have to use other covert means.
Oh good. Well so far it doesn't look like Trump has a clue. He's going for Reaganomics, which will increase the debt by more than even Obama did on a shorter time frame. As for war with Iran, if trump rips up the Iran deal and puts a guy like John Bolton in charge as Secretary of state, that "covert" war will quickly change to an overt one. I mean, you can't get any more overt than openly calling for the US to bomb Iran, lol
Which is why the Syrian Civil War had happened, they wanted to destabilize Syria, and then so they can operate there militarily so they can influence the outcome of the entire situation. They can't invade Iran directly, but Iran has a mutual defense agreement with Syria, because Syria is Iran's closest ally so this is a backdoor possibility of drawing Iran into a military confrontation. This entire plan would have worked well, once Iran is at war with the US or NATO as a result of this, they can finally topple them, take over their oil and force it back onto using only US dollar transactions in the same way they did with Iraq, but then Russia stepped in to protect Syria in order to protect themselves. It's the road to a potential world war 3 over the entire global financial system and global energy market.
Iran had been in the process of organizing an independent oil bourse and was building their own oil market since 2004, shorty a year after the Iraq invasion had began. And I think they saw through the smoke screen and cover of "War On Terror", and "WMD" narrative that had been given to the public and Iran must had known what America's real motive and intentions for going to war with Iraq was. Fractional Reserve Banking is the reason why there is constant and endless debts, maybe if Trump can figure out how to end that, it might stop the debts from constantly growing, but we'll see, hope he doesn't make things worse than it already is.
I'm glad to see at least one person knows what's going on, hah. I think they will end up forgetting about Syria and simply go to plan B which is simply to target Iran directly, maybe stationing troops in nearby US friendly areas like Israel, Saudi Arabia and Bahrain. It's more costly, but it can be done
Still bad, because it doesn't fix the underlying cause of the problem in the first place. If only somehow the dollar can be backed by something newly invented and created that will always be in constant demand and is exclusively made and sold in the US then that would be a big relief, right now they are solely dependent upon monopolizing the petroleum market and trying to prevent any disruptions to it by trying to keep all those OPEC nations in line, in other words, if they ever fuck with and disrupt the dollar's value by dropping it altogether for their oil transactions, the US and NATO will fuck them back with either building a case against them even if through covert means of fabricated lies that they have human rights violations, WMDs, and slap big economic sanctions onto them or invade them directly and reverse their transactions back to the dollar by force. They made an example of this for Iraq and Libya, as Gaddafi had also wanted to stop using dollars for sales of Libya's oil.
I don't believe trump understands even 1% of this, which is why I fear greatly for the future of the world.
@Negrodamuss I'm not the only one that learned and recognized this. @TripleAce is also aware of this. The more people that knows about this the better actually. I picked it up and learned about it from YouTube and Google searches on Petrodollar. I mean there is a pattern that exist relevant to the money trail and oil for Iraq, Libya and Iran, so can't be only just a theory anymore.
I mean if most or all of nations in OPEC had decided to stop accepting the dollar for any of their future oil transactions, then how would that affect the economy of the US and the world?
Since we know that the dollar is no longer backed by gold or anything physical other than the petroleum sales from the nations in OPEC, then would it not be an immediate collapse of the economy?
If so, then that would explain why they had been aggressive with military actions to try and make an example of any nation that dared to back out and stop using the dollar for their oil transactions. To keep them all in line.
if the dollar isn't used for oil trade anymore, it would significantly crush the dollars value, and Americans would be forced to play higher import prices for goods. If the dollar started fracturing too much, it would start to bring down all the other major currencies with it, and governments would be forced to rely on their gold storages in order to reconstitute value in their respective currencies
@Negrodamuss That's what all those "theories" had said, because the dollar is entirely a debt-based currency, and the "Petrodollar" status is what gives the dollar demand and value, since oil is a major universal energy resource worldwide. The economy stays afloat regardless of how much debt the US had accumulated even when it's in the trillions right now, as long as oil is sol and sold in US dollars only, which it isn't exactly anymore since Iran is selling their oil for other payment types like Gold, Euros, and various other currencies. But if oil sales stopped accepting dollars those debts would be like water flooding in through a cracked and compromised dam. If only Trump would talk to someone that is aware of this, or at least if he'd look into it, he'll realize the underlying problem is the paradigm of the system, in particular to Fractional Reserve Banking, since that's how those interests in the debts caused the debts to be where it is now.
Trump couldn't even get casino's to be profitable. if he can't even get a casino business up and running where the house supposedly always wins, he's not going to do much for the American economy. It's likely going to go bankrupt like the majority of his businesses did... which is why i never supported the guy. He just doesn't have a clue, and he's too arrogant to realize that he doesn't have a clue. Thats the problem
@Negrodamuss The way the system is set up is that there is always more debt than money in circulation.
It is because the fractional reserve loans have interest attached, but the money to pay that interest doesn't exist in the system.
So no matter what always more total debt than there is money in circulation, and in order to stay afloat the economy must grow perpetually.
This is obviously not sustainable. At least not on a finite world. Growth has it's limits.
It's really little more than an elaborate ponzi scheme.
If only Trump can recognize this and realize this. It won't be easy for him to deal with it because the people that had set this system up wanted it that way so they would profit and benefit the most from it.
@Negrodamuss If only Trump actually bothers to listen to someone that is aware about this, or maybe he had recognized it but still would rather go accordingly to his own plans and methods.
I mean what do you think is the best way to deal with this mess of debt-based currency system?
Will buying shit tons of gold and silver and then putting the dollar to be backed by them and the petroleum be enough? Or is there more? I've been thinking about they need to come up with something that will always be globally in demand just like petroleum is, with the only difference that it is exclusively made in the states, and then back the dollar with it. Even that's only a fraction of the solution, it doesn't exactly resolve the debt-based system's paradigm.
most of the major countries on the planet have some gold. The USA does, The EU does collectively, China does, and so does Russia. As for your idea, its highly unlike to materialize. I mean, there aren't many substitutes for oil, and the things that exist don't exist in the U. S. alone. Aliens would have to fall down to earth and provide the U. S. with special technology for anything like that to happen
@Negrodamuss I understand what you mean by realistically. No exclusive resource or material of some kind that would be in demand that is exclusive. But that's part of the problem, the dollar isn't back by anything physical like gold anymore, and they're just trying to monopolize and control the foreign oil market.
But do you think there really is anyway they can get around and fix this debt-based system's mess?
I guess putting it back onto gold, and buying shit tons of gold or silver, etc. won't be enough to get out of the shit tons of debts accumulated.
Over 20 trillion dollars in debts, wait until it gets to quadrillion.
It's only a matter of time before things get worse and then a total economic collapse. It happened in Argentina and Venezuela, and it could happen to the states. People that think and say no way not possible are naive.
Well they will likely have to pay back part of the debt in deflated dollars so that it will be easier to manage. It's either that or default on the debt. The debt likely won't get to a quadrillion dollars either... we're more likely to see it reach a critical point long before that happens