As Nigel Farage slates the political old guard for being in the pockets of investment banks, Donald Trump becomes the investment banks’ new best friend.
“I’m the catalyst for the downfall of the Blairites, the Clintonites, the Bushites,” said Nigel Farage, in a radio interview with James Whale, adding that he was also the catalyst for the downfall of “all these dreadful people who work hand in glove with Goldman Sachs and everybody else, have made themselves rich, and ruined our countries.”
Meanwhile, shares in investment banks soar as investors think through the implications of Trumponomics including planned cuts in corporate tax, and lighter banking regulations.
And we can say one thing for Trumponomics, if the rumours are true, it has no link with Goldman Sachs, oh no! Instead its link may be with JP Morgan.
Under George ‘Dubya’ Bush, the US treasury secretary was Hank Paulson – former CEO at Goldman Sachs – ‘no wonder he bailed out the banks’ say the critics of the man who did not bailout Lehman Brothers and got vilified by economists for his inaction.
According to an infamous article in Rolling Stone magazine from many years back, ‘The world’s largest investment bank is a giant vampire quid wrapped around the face of humanity, relentlessly jamming its blood funnels into anything that smells of money.”
But the rumour mill has churned out talk that Mr Trump is considering appointing JP Morgan boss, Jamie Dimon, as his Treasury Secretary.
Returning to our Nigel, he also said: “That Obama creature – loathsome individual – he couldn’t stand our country. He said we’d be at the back of the queue, didn’t he?”
As for his view on Mr Trump, he said: “Imperfect Donald Trump may be, and my goodness he is, his mother was Scottish, he owns Turnberry, he spends a lot of time in our country, he loves our country, what we stand for and our culture.”
Meanwhile, the elites, those wicked people who are responsible for all our ills, tremble in their boots over the news that Mr Trump wants to cut their taxes and reduce regulation.