Wall Street First

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Trump is Obama’s Legacy. Will this Break up the Democratic Party? Nobody yet can tell whether Donald Trump is an agent of change with a specific policy in mind, or merely a catalyst heralding an as yet undetermined turning point. His first month in the White House saw him melting into the Republican mélange of corporate lobbyists. Having promised to create jobs, his “America First” policy looks more like “Wall Street First.” His cabinet of billionaires promoting corporate tax cuts, deregulation and dismantling Dodd-Frank bank reform repeats the Junk Economics promise that giving more tax breaks to the richest One Percent may lead them to use their windfall to invest in creating more jobs. What they usually do, of course, is ...

Trump Infrastructure Plan = Developer Welfare

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SHARMINI PERIES: It's The Real News Network. I'm Sharmini Peries, coming to you from Baltimore. While protestors and police are clashing on the inaugural parade route in Washington, D.C., the newly sworn-in President of the United States is lunching with the establishment in Washington -- Some of the very people he called out in his inaugural address. Let's have a look. DONALD TRUMP: We are transferring power from Washington, D.C. and giving it back to you, the people. CROWD: (applause) DONALD TRUMP: For too long a small group in our nation's capital has reaped the rewards of government while the people have borne the cost. Washington flourished but the people did ...