With Jamie Dimon tapped for Treasury Secretary it is clear that the USA will have four years of government by JP Morgan. This has prompted riots by supporters of Harpy Clinton the Goldman Sachs candidate.
Reaction in Thailand has been muted. Thai government spokesman, Mr Por Kee Pye, said that they had been expecting that Goldman Sachs would win. However, he said, we congratulate JP Morgan on their victory and are sure we will have constructive and a mutually beneficial relationship. We look forward to working with them on matters of trade, international finance, global surveillance and regime change.
We honestly can not see much difference between the two, Mr Pye continued. Both invade countries for Trumped up reasons, both kill thousands of civilians with bombing, both assassinate and torture anybody they want wherever they want, both asset strip developing countries, both are dedicated to turning 99.9 percent of the world's population into debt slaves, and both support human rights and democracy whenever it suits them.
Professor Daeng Dementia, at Thailand's Babarbabor University, found that most Asians were indifferent to the election and subsequent riots. He found that agricultural workers in Thailand on the minimum wage of 7 dollars a day (compared to 7 dollars an hour in the USA) just did not care very much about LGBT rights in America. Bangladeshi workers, being paid one dollar a day to make clothes for Americans, cared even less. It is very sad, he said, but true.
According to CNBC:
In the wake of Donald Trump's upset victory, advisors have floated the idea of naming Jamie Dimon as treasury secretary, according to two people familiar with the matter.
According to the Guardian (16 Oct):
Hillary Clinton avoided direct criticism of Wall Street as she examined the causes and responses to the 2008 financial crisis during a series of paid speeches to Goldman Sachs, according to transcripts released by WikiLeaks.
Three transcripts, released Saturday as part of the hack of her campaign chairman’s emails, did not contain any damning revelations showing she was unduly influenced by contributions from the banking industry, as her Republican opponent Donald Trump has said. Still, her soft-handed approach in the speeches may remind liberals of fears, raised by her former Democratic rival Bernie Sanders, that the party’s nominee is too close to Wall Street to be an effective check on its excesses if elected.
In October 2013, the transcripts show, Clinton told bankers she had “great relations” and worked closely with Wall Street as New York’s senator, and said “the jury is still out” on whether the Dodd-Frank financial reforms, enacted after the crisis, were appropriate. She said more openness from the start could have prevented the uproar on Wall Street over those reforms.
“What happened, how did it happen, how do we prevent it from happening? You guys help us figure it out, and let’s make sure that we do it right this time,” she told the bankers, according to the transcripts.
Working to relate her speech to her audience, Clinton likened her experience as secretary of state to finance, saying: “It’s like anybody’s balance sheet,” with both opportunities and potential liabilities. In one exchange, a conference participant from Texas told Clinton that she had “the honor to raise money for you” during her 2008 presidential campaign.
Clinton responded: “You are the smartest people.”
In the hard-fought Democratic primary, Sanders repeatedly called on Clinton to release the transcripts of her speeches to Wall Street, some of which earned her hundreds of thousands of dollars. In an ironic twist, the transcripts ended up becoming public because her campaign aides had distributed them among themselves in an effort to prepare for any attacks she might face. Those internal campaign emails were then leaked in the hack of campaign chairman John Podesta’s emails.
The transcripts, all from 2013, include speeches and question-and-answer sessions with Clinton at a Builders and Innovators Summit, an Alternative Investment Management Summit and a gathering of CEOs, all hosted by Goldman Sachs.