The military-industrial-intelligence complex has become a welfare racket. From Bill Bonner at bonnerandpartners.com:
BALTIMORE – Mr. Trump is still assembling his lieutenants for his triumphal march on Washington.
Yesterday, he chose Steve Mnuchin, a Goldman guy, as his Treasury secretary.
He will be the third U.S. Treasury secretary from Goldman, following Robert Rubin and Henry Paulson. But Mnuchin is probably more Goldman than any of them. His father worked there. So did his brother.
Trump was supposed to “shake things up.” He promised to “drain the swamp.”
With only two months until the inauguration, there should be crying and gnashing of teeth on Capitol Hill.
You’d expect terror and panic up and down Connecticut Avenue. The Chevy Chase Club should be cleared out as the insiders run for the hills with their silver and their daughters.
But things are calm on the Potomac. The swamp critters show no sign of alarm. Instead, they seem to be collected and complacent, sure that no harm will come to them.
Maybe they know something…
McMansions in McLean
Washington has seen new administrations come and go.
The Republicans come in. The Democrats go out. One Goldman guy arrives. Another Goldman guy departs. The gators, snakes, and slugs have seen this show before. They’ve watched the reruns. And every time, the ending is the same. No matter what happens to the rest of the country, the Parasitocracy on the Potomac grows richer and more powerful.
It has always been thus… thus will it always be.
Over on the Virginia side of the river – the most treacherous part of the swamp, where the “military-industrial complex” that President Eisenhower warned us about resides – the calm has turned into euphoria.
To continue reading: If World War II Breaks Out Again, We’ll Be Ready for It…
