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OpEdNews Op Eds    H2'ed 7/18/16

How Donald Trump will follow the money

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They argue that the Clinton machine, "is not going to stop currency rigging because Wall Street wants to use low interest from recycled dollars despite the fact it's destroying Wall Street." They add that, "Jack Lew has warned Japan, Germany and others that the United States will not tolerate further currency depreciation, which is a major plank of Mr. Trump."

So, in a nutshell, why the support for Trump? "We need a fresh look at these problems that Donald J. Trump brings to the table. Our problem with Mitt Romney was that he made his money taking advantage of the tax treatment for takeovers and currency rigging that shifted so much of our industry abroad. If anything, favorable tax treatment should encourage the building of productive investment as we repatriate our industries lost to currency rigging and not the creation of debt to finance speculative takeovers or speculation in general. Speculative profits should face the highest form of taxation."

This business crowd is distinctly anti-war: "When Mr. Trump talks about war having to have rational profit and loss expectation, he is sounding as a logical businessman." They also stress that, "the war against Russia is also destroying our oil industry as the US ordered the Gulf States to dump their shut-in oil production capacity on the oil market to bankrupt Russia."

It should be noted here that oil happens to be a large component of the multibillionaire Koch brothers' wealth; Charles and David Koch control the $115 billion-a-year energy and industrial behemoth Koch Industries. And that brings us back -- not unexpectedly - to Lil' Mikey.

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This week 50,000 people including 2,472 delegates, 15,000 journalists, thousands of protesters, and one billionaire candidate will descend on the birthplace of rock and roll, Cleveland, Ohio, for the...

Follow the Money

It's been a while since the Koch brothers promised to spend nearly $1 billion to get the "right" man at the White House.

Now, with his nomination in the bag, Trump the consummate businessman obviously smells blood. It's no accident that Lil' Mikey later this month will be a prominent guest at a monster donor semiannual policy and fundraising retreat in Colorado hosted by, who else, the Koch brothers.

He's done it before. In 2014, in Palm Springs, Pence effusively explained how states such as his own, Indiana, can be the perfect labs for the GOP (and Koch) dream of small-to-non-existent government, ultra-low taxes and total deregulation. Arguably, this is what Trumplandia would also be about.

Adding to the multi-billionaire front, another close pal of Lil' Mikey happens to be casino schemer Sheldon Adelson, who was backing Newt Gingrich as Trump's running mate. Yet as soon as Lil' Mikey was confirmed, the Republican Jewish Coalition -- financed by Adelson -- totally endorsed him, describing him as a "critical leader and important voice regarding Israel." Adelson has been on the record saying he will shell out as much as $100 million to get Trump into the White House. And he happens to be one of those Koch monster donors as well.

So here's how the playing field is shaping up: the neocon/neoliberal/Wall Street candidate, Hillary Clinton, featuring The Three Harpies itching for a war, against the wall-to-wall multibillionaire Four Amigos -- Trump, Charles and David Koch, and Adelson. This, in the US, is what passes for "democracy." Those who are about to die of despair -- we salute you. Meanwhile, Cleveland rocks.

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Pepe Escobar is an independent geopolitical analyst. He writes for RT, Sputnik and TomDispatch, and is a frequent contributor to websites and radio and TV shows ranging from the US to East Asia. He is the former roving correspondent for Asia (more...)
 

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