According to company documents, the partners at Goldman own 30.65 million shares. Which means that the partners at Goldman Sachs, in total, are $1.3 billion richer than they were on November 8, thanks to Trump’s election.
Remember when Trump and his proxies assailed Hillary Clinton for allegedly being too close to Goldman Sachs because she gave a couple of speeches there? Trump even singled out Goldman CEO Lloyd Blankfein, plus other Jews, in a sinister campaign commercial that inveighed against an “international financial structure” that cheated ordinary American workers. The 2016 election is “a choice between Donald Trump and Goldman Sachs,” insisted NSA whistleblower Edward Snowden earlier this year.
What a number Trump has played on the “poorly educated.” No wonder he said he loves them.
Trumpkins are learning the hard way what happens when you buy an investment scheme from a con-artist. I’ve been writing about scam artists for more than 20 years. They always promise you the moon — that is, until your check clears.
When will these voters get it? Maybe never. Author Maria Konnivoka notes in her book The Confidence Game that many victims refuse to admit they’ve been scammed — no matter what the evidence. Indeed, she says, many just keep coming back for more. This is something I’ll bet Donald Trump knows full well, and which he’s banking on (pun intended) in 2020.
Meanwhile, give credit where credit is due. Trump is fattening the bank accounts of the elite, but he also may have saved 1,000 jobs at Carrier . If he really did, good for him. Those who opposed Trump should stop being so churlish. After all, on President Barack Obama’s watch the U.S. economy generated 8.6 million net new jobs — equal to 2,945, or about three Carrier deals, every day, including Sundays, for going on eight consecutive years. And who can forget all of those patriotic Republicans congratulating Obama for that?