iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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Breitbart is Now Taking Shots at Trump’s Globalist Pick for Top Economic Advisor

Trump’s pick to chair the Council of Economic Advisors is a’globalist’, who espouses views that are antithetical to what Trump was pitching during the elections.

Per Axios:

The pick to be the next chair of the Council of Economic Advisors, American Enterprise Institute economist Kevin Hassett, breaks with the president on a couple of key issues that helped Trump win the presidency:

China: Hassett warned in 2010 that bashing China-U.S. trade policy would bring the U.S. back to the downward spiral in the 1930s.

Globalization: “An absolute prerequisite for long-term economic growth is full participation in the global economy and trading system.”

Immigrant workers: [E]conomic growth could expand significantly if immigration in the U.S. were expanded.”

The bigger story here, however, is the fact that Steve Bannon’s Breitbart is now in open revolt against Trump. The comments sections are overwhelmingly negative on him, dispirited from feeling betrayed over the Syrian strikes, in addition to a sundry of campaign pledges that have, thus far, failed to get any traction.

How much of a shill is Hasset? His predecessor, Jason Furman from the Obama Administration, thinks he’s a solid pick.

The Financial Times summed it up, saying ‘nationalist forces have lost some ground when it comes to economic advice reaching the President.’

Expect Bannon to be out inside of 60 days.

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9 comments

  1. metalleg

    I’ll take the under.

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  2. vandamme

    The fuck is wrong with Bannon’s skin tho

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  3. mhass33

    This is pretty weird. Did the Cia get Trump under some mind control or something

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  4. juice

    Apparently Trump is back playing Trump 3D ME chess —

    On the 9th of April, Tillerson spoke to Face The Nation on CBS, where he appeared to back down from regime change and even detailed, quite accurately, the folly of such a policy, the kind he endorsed three days earlier and the kind Nikki Haley endorsed on the same day as Tillerson’s interview.

    During the interview with John Dickerson of CBS, Tillerson spoke of America’s apparently re-discovered opposition for regime change in Syria in the following way,

    “I think, you know, obviously, the United States’ own founding principles are self-determination. And I think what the United States and our allies want to do is to enable the Syrian people to make that determination. You know, we’ve seen what violent regime change looks like in Libya and– and the kind of chaos that can be unleashed. And, indeed, the kind of– of misery that it enacts on its own people.
    I think what we’re hopeful is through this Syrian process, working with coalition members, working with the U.N., and in particular working through the Geneva process, that we can navigate a political outcome in which the Syrian people, in fact, will determine Bashar al-Assad’s fate and his legitimacy”.
    Tillerson then appeared to endorse a political peace process for Syria rather than violent regime change, he even said that Russia ought to be involved.

    http://theduran.com/rex-tillerson-just-did-another-huge-u-turn-on-regime-change/

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    • frog

      Russia is the reason Assad is propped up enough to retain control over Syria and to keep butchering his people. Russia involved in the peace process for Syria? Ridiculous. They are the main obstacle to peace in Syria. If they would pull out of Syria, it would have gotten ride of Assad a long time ago, and Assad is the chief source of violence there by far. I know, Russian propaganda says otherwise, LOL.

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  5. ironturd

    Live by the troll, die by the troll

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  6. oilerua

    I like Bannon .
    I dislike this man .

    But I like dow 36000

    though choice

    I am for Bannon , but he may lack a bit of refinment in concrete choices

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