Friday, February 24, 2017

Power to the People

At yesterday's CPAC gathering (Conservative Political Action Conference), the power behind the Trump throne, Steve Bannon, stated that Trump's agenda is "the deconstruction of the administrative state" which means eliminating taxes, regulations and trade pacts and replacing them with a system that "empowers ordinary people over coastal elites..." Bannon's use of the term "elite" begs the question what is a billionaire who lives in a penthouse with a golden elevator?

This is all part of the ongoing magic trick by the Republican Party of convincing its members to vote against their own self-interests. The Party has taken advantage of the fact the voters don't know the difference between an elitist and the actual elite. Republican voters think an elitist is Sean Penn aiding earthquake victims in Haiti or some unknown Ivy League college professor quoting Howard Zinn instead of Wall Street bankers getting incredibly wealthy by betting against their own clients and nearly collapsing the American financial system.

Bannon said the plan is to fight the "globalists and corporatists" which is interesting since Trump's economic team is led by billionaire investor, Commerce Secretary Wilbur Ross; Treasury Secretary Steve Mnuchin, a hedge fund manager; and National Economic Council Director Gary Cohn, former president of Goldman Sachs. They have been tasked with cutting taxes for the wealthy and rolling back banking regulations, that, of course, will "empower ordinary people."

“Never underestimate the power of stupid people in large groups.” 
― George Carlin

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