Trump's Treasury Secretary Was a Skull & Bones Member and Investment Banker for Goldman Sachs

Jeff Berwick "Trump Was Chosen By The Elite. We'll Soon See That He's The Bankers President."
Just like with BREXIT, let the people think they won so they get back to work and paying their taxes and then not trying to change anything..

Steven Terner "Steve" Mnuchin is an American hedge fund manager. On November 30, 2016, it was announced that Mnuchin would be nominated as United States Secretary of the Treasury in the administration of President Donald Trump.

After he graduated from Yale University in 1985, Mnuchin worked for investment bank Goldman Sachs for 17 years, eventually becoming its Chief Information Officer. After he left Goldman Sachs in 2002, he worked for and founded several hedge funds. During the financial crisis of 2007–2008, Mnuchin bought failed residential lender IndyMac. He changed the name to OneWest Bank and rebuilt the bank, then sold it to CIT Group in 2015. Mnuchin joined Trump's presidential campaign in 2016, and was named national finance chairman for the campaign.

Mnuchin is estimated to have a net worth of as much as $500 million.

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This guy is a dual national of a country (Israel) with no extradition treaty (safe refuge) and he belongs to a British secret society created by and for the benefit of British intelligence while he's supposed to be regulating banks like Goldman Sachs (a company owned by the British Rothschilds). What could possibly go wrong? Nothing for him at least. No risk for himself at all. You can already see how this ends. This category of person has no place in the USA let alone our federal government. Trump has become Bush version 6.0.

He started SFM capital management with George Soros!

He also worked in Hollywood financing the X Men film franchise and the Avatar movie. Bryan Singer, creator of the X-men movies, supposedly is one of the biggest pedophiles in Hollywood.

He also funded American Sniper. Look at his filmography section in the wiki. He's listed as the executive producer in many recent well known movies.

He also called stripping of the Dodd-Frank act as the "number one priority on the regulatory side."

He's a Jew, Israeli citizen, former employee of Soros and Goldman Sachs and has links with Hollywood, including Brian Singer.

Everyone involved in government knows each other. It's a ivy league boys club. Always has been always be. 

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According to Antony C Sutton:

... a year or so ago I received an eight-inch batch of documents - nothing less than the membership lists of an American secret society. Glancing through the sheets it was more than obvious - this was no ordinary group. The names spelled Power, with a capital P. As I probed each individual a pattern emerged ... and a formerly fuzzy world became crystal clear.

This series is infinitely more important than the original Western Technology series on technological transfers. If I have a magnum opus, this is it.

The Order consists of old line families allied with private merchant bankers, known in the U.S. as investment bankers.

Both The [Milner] Group (Rhodesian Roundtable Society) and The Order (The Skulls/ Russel Trust) have been created by Anglophiles who want to pattern the world on a Hegelian-Anglo hybrid culture. Where the Latins, the Slavs and the Sino races fit is not considered, but clearly these cultures will be disinclined to become pawns of either the British Empire or New England Yankees.

Chapter 322 of the quasi-Masonic Palladian Order of Skull & Bones, previously known as the "Brotherhood of Death"?

According to a 1940 Skull & Bones document, the initiation ceremony involves the following kinds of things: "New man placed in coffin -- carried into central part of building. New man chanted over and reborn into society. Removed from coffin and given robes with symbols on it. A bone with his name on it is tossed into the bone heap at the start of every meeting."

Within the Skull & Bones Crypt, also known as "the Tomb," there is what is referred to as a "sacred room" with the number 322, On the arched wall about the vault entrance is inscribed in German: "Who was the fool, who was the wise man, beggar or king? Whether poor or rich, all's the same in death."

This quotation from a German Freemasonic ritual remains a source of controversy surrounding the origins of Skull & Bones. It is one of the bits of "evidence" cited by some of the Order's most ardent critics that the group is "Nazi like" and singularly "Germanic". In fact, the rituals of the Order are very much like the rituals employed by Scottish and English freemasonic lodges.

On February 8, 2004, Tim Russert asked President Bush about Skull and Bones, and the President confirmed he is a member by saying he can't talk about. Part of the transcript is below:

Ron Paul: Ted Cruz is Owned by Goldman Sachs

Ron Paul: Ted Cruz is no libertarian

February 5, 2016

Now that Rand Paul is out of the race for the White House, his father Ron Paul, who ran in 2008 and 2012, on Friday warned his son’s former supporters that Ted Cruz isn’t a free-market libertarian:

“You take a guy like Cruz, people are liking the Cruz — they think he’s for the free market, and [in reality] he’s owned by Goldman Sachs. I mean, he and Hillary have more in common than we would have with either Cruz or Trump or any of them, so I just don’t think there is much picking,” Paul said of the Texas senator on Fox Business’ “Varney & Company”.

When asked if there was a candidate who was truly for the free market, the former Texas congressman said that since his son it out of the race, there isn't a candidate, Republican or Democrat, that is a libertarian:

“On occasion, Bernie comes up with libertarian views when he talks about taking away the cronyism on Wall Street, so in essence he’s right, and occasionally he voted against war.”

"It's hard to find anybody -- since Rand is out of it -- anybody that would take a libertarian position, hardcore libertarian position on privacy, on the war issue and on economic policy."

“So I always say: You can search for a long time, but you’re not gonna find anybody in the Republican or Democratic primary that even comes slightly close to ever being able to claim themselves a libertarian,” he concluded.

During a Mises Institute conference on January 30, Paul commented on the views of socialists/progressives (video above):.

“[Socialists] will not listen to the argument that there’s a difference between somebody getting bailed out by the Federal Reserve… versus somebody who produces a good product and we [the People] vote them their money and they haven’t cheated, stolen or given us a bad product,” he said. “I think it’s sort of an envy and resentment, but I’ve talked to them and I have to tell you, I haven’t converted many die-hard progressives.”

“Some progressives, if you watch them on the Internet, will have really close agreements and they might be talking about the same issues, but boy they don’t want you to even introduce the notion that libertarians are with them on this because they’re terrified we might encroach on their power to redistribute wealth [by force].”

Nuclear Deal with Iran Allowed Its Return to the Global Oil Market; the Additional 1-2 Million Barrels Per Day from Iran will Result in a Sustained Drop in the Price of Oil

“The Iran nuclear deal is a massive blow for the oil price, and we could see the crude-oil price falling to $30 very easily. This deal actually represents 1 million barrels a day of extra oil on the market, so net effect on the supply equation will be nearly 2 million [barrels a day].” - Naeem Aslam, chief market analyst at AvaTrade

Oil dives below $35, lowest in 11 years, as U.S. supply swells

January 6, 2016

Reuters - Crude oil prices plunged 6 percent on Wednesday, diving below $35 per barrel for the first time since 2004 as data showing a shockingly large build-up of U.S. gasoline supplies fed fears that a global surplus was still growing.

The sell-off, the biggest one-day drop for global benchmark Brent futures since the start of September, takes losses this year to more than 8 percent, a descent stoked by worsening Chinese economic data, the world's No. 2 oil consumer, and a fierce row between Saudi Arabia and Iran that some say may be more bearish than bullish.

The focus on Wednesday was U.S. government data showing a 10.6 million-barrel surge in gasoline supplies, the biggest build since 1993, which some traders said signaled a slow-down in demand that could prolong the global glut. The figures overshadowed a 5.1 million-barrel fall in crude stocks. [EIA/S]

"Gasoline was the sole source of strength within the complex, and that looks to have ended," said John Kilduff, a partner at energy hedge fund Again Capital [an oil speculator, see below: Behind Oil Price Rise: Peak Oil or Wall Street Speculation?].

Brent futures LCOc1 fell $2.19 to settle at $34.23 a barrel. Earlier, it fell to as low as $34.13, its lowest level since the start of July 2004.

U.S. crude futures CLc1 fell $2.00 to settle at $33.97 a barrel, its lowest close since February 2009.

Traders shrugged off rising geopolitical risks, including an apparent North Korea nuclear test. Many reckoned that the row between Saudi Arabia and Iran posed little threat to oil shipments, but made an agreement on output even less likely.

"I think we'll see a price war soon to keep market share," said Tariq Zahir, an analyst at Tyche Capital Advisors. "Prices will get lower and I think we'll hit $32 again."

Iran Nuclear Deal Likely To Cause Sustained Drop In Oil Prices 

July 16, 2015  

Americans.org - Terrible days lie ahead for oil exporters after the Iran nuclear deal opened the world to additional oil supplies from the oil rich country. Already blessed with some of the deepest oil reserves in the world, Iran’s comeback in the oil market will further tilt oil prices downward, spelling liquidity problems for exporters and greater travel options for end consumers.

Oil prices dipped on Wednesday after the news of the Iran nuclear deal hit the wires. The deal would see decades old sanctions imposed by the U.S., the E.U. and the UN, against the Middle East country eased in exchange for curbing their nuclear program. The sanctions effectively locked out a key player from international oil markets, crippling the country’s export capability and gradually reducing its contribution from over 4 million barrels per day (bpd) at its peak to only 1 million bpd.

With the sanctions lifted, oil prices face an inevitable widening glut that will most certainly mean a negative price hit and in turn a positive boost to the global economy.

McDonald's Worker Required to Receive Pay on Fee-Laden Debit Card

McDonald's Worker Says She Was Required to Receive Pay on Fee-Laden Debit Card

June 17, 2013

ABC News - A former McDonald's worker in Pennsylvania is suing a franchiser owner saying she was required to receive her wages through a debit card that charged fees, resulting in some hourly employees receiving less than minimum wage.

Natalie Gunshannon, a single mother, 27, said she and other workers were paid through a JPMorgan Chase Payroll Card, which has a $1.50 fee for ATM withdrawals, a $10 inactivity fee after 90 days, and a 75 cent online payment fee per transaction and other fees.

Gunshannon, who filed a lawsuit in the Luzerne County Court of Common Pleas, is hoping to have her case certified as a class action on behalf of the other employees who were paid with the Payroll card.

"It's a violation of the law," said Gunshannon's attorney, Michael Cefalo. "They're entitled to a choice to be paid in cash or check. Fees connected to this debit card which employees have to pay to get their wages which is unfair."

Gunshannon said she asked her employer if she could receive her wages through direct deposit at her credit union, which she said did not accept payments through the payroll card. She is suing under the Pennsylvania Wage Payment and Collection Act for unjust enrichment.

Franchisees Albert and Carol Mueller provided a statement to ABC News, which read:

"We value our employees and everything they do for our organization. We are committed to providing them the best possible work environment so they can deliver the fast, reliable service that our customers expect. We are aware of this matter. But at this time, we have not seen a copy of the complaint. For this reason, it would be inappropriate for us to comment further."

Suzanne Martindale, staff attorney with Consumers Union, said some employers are motivated to pay wages with these payroll cards to cut the cost of distributing paper checks.

"Employers are always looking for ways to cut costs," she said. "There is incentive for employers to offer these cards but in some cases, they don't negotiate with the payroll card provider over fees."

Gunshannon, who studied massage therapy, began working as an hourly employee at a McDonald's in Shavertown, Pa., on April 24 after she was unable to find jobs in her preferred field.

"There are no jobs in Luzerne County," she said.

She was paid about $7.44 an hour and worked 30 to 37 hours as a part-time worker.

Pennsylvania's basic minimum rate is $7.25 an hour.

After she was issued a JP Morgan Chase Payroll card, she requested a paper check from her employer. 

A manager allegedly told her,

"If you don't activate the card, there is no way for us to pay you," according to the court complaint.

McDonald's managers and assistant managers "have the option to receive wage compensation by way of direct deposit, thus avoiding fees," the complaint states.

"McDonald's does not provide a choice for hourly employees to receive their justly earned wages through a bank check, cash or direct deposit," the lawsuit said.

Gunshannon said the people with whom she worked were "nice" but she quit after three weeks for not receiving her wages as requested. Gunshannon said she is looking for jobs at other restaurants or home health work.

"This isn't something personal. I would just like to be paid for my work," she said.

However, some people say payroll debit cards can be beneficial to the unbanked or underbanked.

"Payroll debit cards offer real benefits for workers who are accustomed to cashing paychecks at check cashers, including meaningful cost savings, greater security and the convenience of an electronic payment option," said Timothy Flacke, executive director of the nonprofit Doorways to Dreams (D2D) Fund, which makes financial products for low- and moderate-income consumers. "Of course, many people do not like to have a product chosen for them, especially when there are fees involved." 

A growing number of employers use payroll cards to pay some of their employers, but it violates both state and federal law to pay by payroll card alone, according to Lauren Saunders, managing attorney with the National Consumer Law Center.

"Employees should always have the choice of direct deposit to their own bank account and also the choice of a check or cash," she said. "Depending on the particular card, for unbanked employees, a payroll card can be a safer, faster, more convenient and cheaper way of receiving wages than paying to cash a paper check. But payroll cards vary widely and some charge too many fees. Some payroll cards even have expensive overdraft fees, which are completely inappropriate on payroll cards or any other form of prepaid card."

Related:

• Eliminating Cash and the 'Unbanked' in the New World Order
• The New World Order Checklist
• Goldman Sachs/JPMorgan Are Scum 

China Has World's Second Largest Economy

China Stocks: Why Goldman Likes This Market Laggard

May 28, 2013

CNBC- Chinese equities, together with the country's economic performance, have repeatedly disappointed investors in recent months, but U.S. investment bank Goldman Sachs remains optimistic that the laggard will deliver solid returns this year.

Investors, according to Goldman Sachs, are now focusing more on the pace of reforms than on government stimulus in the world's second largest economy, which is trying to rebalance away from an over dependence on exports and investments to being more consumption-led.

The bank wrote in a report on Monday that its expects economic reforms to accelerate further in the second-half of the year that will boost investor sentiment and in turn provide a fillip to stocks.

"The market's response to progress on reforms has been more pronounced, whereas reactions to cyclical stimulus have held less and less conviction," wrote Helen Zhu, chief China equity strategist at the bank.

"Over the coming months we expect reform news flow to intensify and still see opportunity for reform progress to support valuations towards our year-end target," she said. The bank expects the MSCI China to rise 14 percent from current levels.

The MSCI China is down 3.7 percent year to date, underperforming the benchmark Shanghai Composite, which is up 1.2 percent over the same period. The Shanghai market is still a laggard relative to regional peers like Japan and Australia.

Reform Minded

There are a number of signs that the new leadership intends to be progressive, she said, pointing to their greater tolerance for slower more balanced growth and increased focus on tackling corruption.

The most important reform milestones in the coming months include the government's urbanization blueprint – expected to be unveiled in June or July – as well as the third plenary session of Congress scheduled for October where the government will present its medium to longer term objectives for the country.

"More specific policy priorities are likely to be clarified and we hope to see some easy-to-achieve objectives reiterated while new goals are also likely to be introduced," she said, referring to the third plenary session of the 18th National Congress of the Communist Party of China which has historically been a meeting when decisions on major economic reforms are made. 

The last such session was held in 2008.

"Some investors have expressed impatience to wait until the fall for full clarity on the reform agenda, but we think this timeline is customary and within reason," Zhu said.

Investors Overlook Stimulus
 
According to the bank, investors are reacting less to the prospect of fresh stimulus or even positive money supply data that reflect the impact of an accommodative monetary policy.

"More recently, accommodative monetary policy has been met with skepticism. Whereas 12-24 months ago, a large money supply print was generally embraced by the market and quickly rewarded, recent reaction has been more muted," she said.

Zhu added that robust money supply growth is currently being met with significant concern among investors who are questioning whether policymakers are losing control of the shadow banking system, and how the government intends to control such leverage.

"In an informal poll of several hundred investors taken at our February 2013 macro conference in Hong Kong, 87 percent of respondents indicated a preference to see China reform, even at the cost of GDP [gross domestic product] and thus earnings growth," she said, highlighting investors' desire for reforms.

Related: 

• Outlook for China's Economy Just Keeps Getting Worse 
• China President Takes Charge of Sweeping Economic Reform Plans 

Read About China and the End Times...