As many of you will be aware the would-be Democratic Party candidate for the US presidency, Bernie Sanders, has been hammering down in recent months on the corrupt practices of Wall Street and the soaring levels of income and wealth inequality in the United States. Now the millionaire business executive, Lloyd Blankfein, has emerged from the boardroom shadows to play the victim card on behalf of the billionaire class and his firm, Goldman Sachs, the multinational investment and banking company an American senate committee almost certainly decided was “Too Big To Jail”. The Hill carries a report on a recent CNBC interview with Blankfein:
“The head of Goldman Sachs believes being singled out for criticism by Bernie Sanders represents a “dangerous moment” for the country.
Lloyd Blankfein, the Wall Street giant’s chief executive, said Wednesday that the Democratic presidential candidate might have gone too far in personally targeting him.
“To personalize it, it has potential to be a dangerous moment. Not just for Wall Street … but for anybody who is a little bit out of line,” he said in an interview with CNBC.
Sanders has railed against Wall Street throughout his populist campaign, accusing the financial industry of ruining the economy and holding down the middle class. And he has singled out Blankfein and his company as a poster child for the greed and recklessness he says is endemic in finance.”
Of course the oligarchy in the United States could just take a leaf out of the clandestine playbook of Sheldon Adelson, the casino bank account behind many a right-wing Super PAC and non-profit, not to mention what is left of the once popular Tea Party movement. Instead of pleading for special treatment from the news media, just go out and buy some of your own. Politico Media:
“After a brief spell of normalcy seemed to return to the Las Vegas Review-Journal, all bets are now off.
A new publisher has appeared overnight at the paper, a new editor will be installed as soon as Friday, and, sources tell me, stories involving new owner Sheldon Adelson are being reviewed, changed or killed almost daily.
Further, the newsroom is abuzz with word of a list of a half a dozen or so journalists whose work has rubbed Adelson the wrong way over the years, and who may soon be targeted for departure in what one insider describes as a “house-cleaning.”
In addition to such departures, the Review-Journal may see a flurry of resignations sooner than later.
What began as an abstract fear of a powerful new owner’s political hand wanting to steer the paper’s news coverage, after Sheldon Adelson was revealed as the “secret” buyer of the Review-Journal in early December, has become a reality. Says one knowledgeable insider flatly, “Adelson bought the paper because of the content.”
Longtime Gannett executive Craig Moon, announced as publisher on Thursday, has quickly moved to reverse both business decisions and prominent editorial moves recently implemented, some of them with public fanfare, that aimed to protect the integrity of the newsroom’s news report.”
Not that we in Ireland can really speak on such matters. In this country the so-called independent media, newspapers and radio stations, are the playthings of our millionaire class, to be handed around like prizes in a draw. Though they follow the same rules as in the US: this above all, to thine own master be true!