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IPFS News Link • Trump Administration

The Goldman Sachs Regency

• LewRockwell.com by David Stockman

His ethno-nationalist and protectionist worldview are anathema to true notions of liberty, free markets and a minimalist state.

While Bannonism presented itself as a coherent alternative ideology to mainstream Big Government and globalism, it actually boiled down to a superficial and incoherent potpourri of cultural resentments and prejudices, economic shibboleths and amateur historical theorizing. Indeed, it appealed to the lumpen-intelligentsia of the alt-Right precisely because it proposed to replace the oppressive statism of the liberal status quo with a more virulent right-wing statism rooted in protectionism and nativism.

Notwithstanding the rotten essence of Bannonism, however, the firebrand self-promoter who was Donald's chief strategist got it right in his parting shots at his internal White House enemies. In so many words, he correctly asserted that the nation will now be ruled by a Goldman Sachs Regency and a team of three generals—Kelly, McMasters and Mattis—–who embody the essence of Albert Einstein's famous definition of insanity: Doing the same thing over and over and expecting a different result.


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