Wall Street welcomes Trump

Did the super-racist, immigrant bashing, sexual predator Donald Trump becoming president alarm Wall Street? The day after the election the Dow Jones industrial average shot up 272 points.

Why shouldn’t Wall Street welcome Trump? Speculators gambling in the world’s largest casino — the New York Stock Exchange — have embraced the lewd and vulgar casino owner.

Historically, the U.S. financial center arose as the banker and broker for Southern slave masters. New York City operated a municipal slave market at Wall and Pearl streets for 51 years until 1762. (WNYC, April 14, 2015)

Wall Street’s leading banker in the 1860s — August Belmont — opposed the Emancipation Proclamation of 1862 that freed slaves in areas controlled by the Confederacy.

Financiers are not bothered by Trump losing the popular vote by 1.5 million. It’s profits, not democracy they’re concerned about.

The Wall Street Journal sneered at complaints that Albert Gore beat George Bush by 500,000 votes in the 2000 election. The newspaper’s editorial page editor Robert Bartley claimed this didn’t matter since it resulted from “a surge in voter turnout” among “Blacks” and “union households.” According to Bartley, the vote against Bush “by and large represents recipients of government favors.” (Dec. 11, 2000)

Trump’s plan to immediately deport millions of immigrants hasn’t stopped a long line of capitalist dignitaries from lining up to see the pig.

Rounding up hundreds of thousands of families is reminiscent of the Nazi Gestapo or the Fugitive Slave Act in the 1850s. Deporting parents while their U.S.-born children are allowed to stay parallels Black families being broken up in slave auctions.

Every exploiter a Trump

Trump is extremely dangerous but not unique. All the slumlords, sweatshop owners and home-foreclosing banksters are wannabe Trumps. Bosses all over have sexually harassed millions of women, or worse.

There’s some Trump in every trigger-happy, pepper-spraying, nightstick- swinging racist cop.

Ronald Reagan was just as grotesque as Trump 50 years ago. Calling Black people in Watts “mad dogs” didn’t stop him from being elected governor of California in 1966. (“The Metropolitan Frontier” by Carl Abbott)

When hungry people lined-up for food packages provided as ransom during the 1974 kidnapping of millionaire heiress Patty Hearst, the California governor asked “whether there shouldn’t be an outbreak of botulism.” (Sarasota Journal, March 7, 1974)

Like Trump this year, Reagan was endorsed by the Ku Klux Klan when he ran for president in 1980. Reagan deliberately started his campaign in Philadelphia, Miss., where three civil rights workers — James Chaney, Andrew Goodman and Michael Schwerner — had been murdered by the Klan.

Reagan didn’t mention these Black and Jewish martyrs in his speech that day. Instead he called for “states’ rights” — the slogan of segregationists — blatantly appealing for racist votes.

In 1986 Reagan nominated U.S. Attorney Jeff Sessions for a federal judgeship in Alabama. Senators turned thumbs down after Thomas Figures, a Black assistant U.S. attorney, testified that Sessions repeatedly called him “boy.” Figures also said that Sessions “joked” that Klan members were “OK, until he learned that they smoked marijuana.” (CNN, Nov. 18)

Just this week, Donald Trump nominated Sessions, now a U.S. senator from Alabama, to be U.S. attorney general in charge of enforcing the Voting Rights Act and other civil rights laws.

Only the people will stop Trump

With the exception of Fox News, most of the big capitalist media endorsed Hillary Clinton. But don’t expect these money bags to fight Trump. They’re rolling out a red carpet and hoping for more tax cuts.

Among those making the pilgrimage to Trump Tower and groveling before the president-elect is former Secretary of State and Rockefeller family retainer Henry Kissinger. During the Watergate scandal in the 1970s, Kissinger moved secret State Department files to the Rockefeller family’s six-square-mile Pocantico Hills estate in Westchester County, N.Y., to protect the Richard Nixon White House gang.

Kissinger’s visit is a sign that Donald Trump will be yet another Big Oil president.

The New York Times has editorialized against the rumored nomination of Rudy Giuliani as Secretary of State. Giuliani is the face of police state reaction to the Black Lives Matter movement, and there is speculation he got the FBI to help swing the election.

The Times pointed out that the former NYC mayor “enraged Black New Yorkers with his shockingly insensitive response to the fatal police shooting of Patrick Dorismond, an unarmed black man” in 2000. (Nov. 15) Actually Giuliani insulted a whole series of families whose daughters and sons were killed by his cops.

But that didn’t prevent the Times from endorsing Giuliani for reelection in 1997.

Forty-five years ago it was the “old money” of Philadelphia that installed the openly racist Frank Rizzo as mayor. The Philadelphia area is home to some of the oldest and wealthiest capitalist families. Their mansions fill the “Main Line” suburbs and include most of the Du Pont family estates.

As the city’s police commissioner, Rizzo stripped arrested members of the Black Panther Party naked. He threatened Mumia Abu-Jamal at a news conference. In a bid for a third term in 1978 Rizzo urged people to “vote white.” (Wilmington, N.C., Star-News, Sept 23, 1978)

Frank Rizzo was just Donald Trump with a badge and a much smaller bankroll. Both are proof that, as Malcolm X said, “You can’t have capitalism without racism.”

Only the people can stop Trump. Millions must come to Washington, D.C., for the Jan. 20 counterinauguration and stay over for the Women’s March the next day.

Simple Share Buttons

Share this
Simple Share Buttons