Trump cabinet appointments highlights the power of Wall
Street:
“Donald Trump’s
administration will be the most affluent ever. Estimates are imprecise because
we don’t even know the president-elect’s true net worth, but the wealth of his
cabinet picks so far range from $12bn to $35bn. At the very least, this
quadruples that of the Obama cabinet. But more than just representing his
friends, loyalists and family, the natural alliances among these people, their
hallowed predispositions, will impact the policies they form.
We know the dangers
of this skewed power. Before F Scott Fitzgerald wrote The Great Gatsby, he
published The Rich Boy, a 1924 short story, in which the narrator says: “Let me
tell you about the very rich. They are different from you and me ... They
think, deep in their hearts, that they are better than we are because we had to
discover the compensations and refuges of life for ourselves.””
Related:
Paul Krugman on the betrayal of the working class
http://www.nytimes.com/2016/12/02/opinion/seduced-and-betrayed-by-donald-trump.html