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Old 07-11-2017, 04:08 PM
 
6,940 posts, read 9,679,931 times
Reputation: 3153

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Never mind that Goldman Sachs had "total control" over Hillary. Now Donald wants Goldman Sachs to run the entire banking system.

Sources: Cohn is Trump’s top candidate to replace Yellen at Fed - POLITICO

Quote:
Cohn would be the first Fed chair in four decades who isn’t an economist
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Old 07-11-2017, 04:12 PM
 
79,907 posts, read 44,199,011 times
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First one has to ask.....because the economists did so well?

Then, if you care about this and didn't vote for Sanders I don't care about your opinion otherwise.
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Old 07-11-2017, 04:21 PM
 
6,940 posts, read 9,679,931 times
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Quote:
Originally Posted by pknopp View Post
First one has to ask.....because the economists did so well?

Then, if you care about this and didn't vote for Sanders I don't care about your opinion otherwise.

Most central bank presidents have extensive training in economics, especially in the developing world. This is another norm Trump doesn't follow. Cohn is a banker. He's taking on a role of a monetarist, something that's a world apart from an investment banker.
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Old 07-11-2017, 04:28 PM
 
79,907 posts, read 44,199,011 times
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Quote:
Originally Posted by knowledgeiskey View Post
Most central bank presidents have extensive training in economics, especially in the developing world. This is another norm Trump doesn't follow. Cohn is a banker. He's taking on a role of a monetarist, something that's a world apart from an investment banker.
How well did these economists do?
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Old 07-11-2017, 04:32 PM
 
6,940 posts, read 9,679,931 times
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Quote:
Originally Posted by pknopp View Post
How well did these economists do?
They have a good track record. Would you prefer a plumber to run the most powerful bank in the world?
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Old 07-11-2017, 04:35 PM
 
79,907 posts, read 44,199,011 times
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Quote:
Originally Posted by knowledgeiskey View Post
They have a good track record. Would you prefer a plumber to run the most powerful bank in the world?
A good track record......enough said. I would prefer to end "the most powerful bank in the world".
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Old 07-11-2017, 04:56 PM
 
Location: Barrington
63,919 posts, read 46,738,058 times
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He's a registered Democrat with nearly 30 years at Goldman Sachs, under his belt. Annual compensation has been in the $20-22 million range. He received a severance package from Goldman worth $285 million. He now makes $30,000/yr.

If one believes the noise, it's Bannon vs Cohn/Kushner/Powel on the inside.
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Old 07-11-2017, 04:59 PM
 
Location: Santa Monica
36,853 posts, read 17,363,818 times
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Goldman Sachs already co-owns the fed.

Along with the Morgans, Rothschilds, Rockefellers, etc.
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Old 07-11-2017, 05:03 PM
 
79,907 posts, read 44,199,011 times
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Quote:
Originally Posted by No_Recess View Post
Goldman Sachs already co-owns the fed.

Along with the Morgans, Rothschilds, Rockefellers, etc.
Yep.......Cohn, Yellen, Bernanke......there is no difference.
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Old 07-11-2017, 05:05 PM
 
Location: The Republic of Texas
78,863 posts, read 46,624,265 times
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Quote:
Originally Posted by knowledgeiskey View Post
Never mind that Goldman Sachs had "total control" over Hillary. Now Donald wants Goldman Sachs to run the entire banking system.

Sources: Cohn is Trump’s top candidate to replace Yellen at Fed - POLITICO


I'd rather have an accountant looking after the banks, than a banker looking after his Satellite Branches.
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