Call it plutocracy or oligarchy, because democracy is dying

Remember how the chinchilla wearing ferret campaigned on the fact that he wouldn’t be a puppet of Wall Street, and how he used an image of a Goldman Sachs banker in his final campaign ad to rail against Hillary Clinton? Guess what he did:

Steven Mnuchin, a financier with deep roots on Wall Street and in Hollywood but no government experience, is expected to be named Donald J. Trump’s Treasury secretary as soon as Wednesday, people close to the transition say.

Mr. Mnuchin, 53, was the national finance chairman for Mr. Trump’s campaign, and his selection would elevate a wealthy loyalist to a pivotal economic post. He began his career at Goldman Sachs, where he became a partner, before creating his own hedge fund, moving to the West Coast and entering the first rank of movie financiers by bankrolling hits like the “X-Men” franchise and “Avatar.” …

Mr. Mnuchin’s selection fits uneasily with much of Mr. Trump’s campaign attacks on the financial industry. Mr. Trump, in a campaign ad intended as a closing argument, portrayed the chief executive of Goldman Sachs as the personification of a global elite that the ad said had “robbed our working class.”

This isn’t the only billionaire being picked to run the government:

As he assembles his Cabinet, Donald Trump appears to be soliciting the consoling proximity of not millionaires, of course, but fellow billionaires. As with Trump himself, the net worth of many of his top advisers and nominees for Cabinet positions is difficult to pin down precisely, but there is no question that many of them are among the wealthiest of the wealthy. Betsy DeVos, Trump’s announced pick for secretary of education, for instance, is the daughter-in-law of the co-founder of the privately held Amway Corporation, the multi-level marketing company. (Forbes has pegged the DeVos family’s wealth at $5.1 billion.)  Wilbur Ross, a former investment banker at Rothschild & Co., is Trump’s openly rumored pick to be commerce secretary. Ross did well as an investment banker and met Trump decades ago while advising any number of Trump’s companies on their many trips through bankruptcy court. But Ross hit the cash register when he became a private-equity mogul, investing in out-of-favor industries, such as coal and steel, and making a fortune. Forbes pegs his net worth at $2.9 billion. (His likely deputy secretary, Todd Ricketts, is a member of one of the richest families in America.)

And the pump truppets go blindly along their hateful ways, waiting for the man who looks out for the little guy to build an imaginary wall along the Mexican border, while they wage their cultural revolution against brown people.


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