Mnuchin Rejects Call From Yale Classmates To Resign, Defends Trump

In a long statement issued by the Treasury Secretary, Steven Mnuchin rejected and pushed back against an urging from his former classmates at Yale University that he resign from Donald Trump’s cabinet, while defending the president’s response to last weekend’s deadly protests in Charlottesville, Virginia.

The statement was in response to a letter posted online on Friday by about 300 of Mnuchin’s classmates from the Yale University undergraduate class of 1985, asking Mnuchin to resign in protest of Trump’s comments. “It is your moral obligation,” they said. “We know you are better than this, and we are counting on you to do the right thing.”

Mnuchin, realizing that with Bannon gone, Trump's future policies are now a "clean slate" for the Wall Street/MIC complex to rewrite as it sees fit with no internal opposition, disagreed.

"I am writing in response to my Yale Classmates and many other comments I have received urging me to "speak out." I believe that your letter and these comments raise several Important issues and misconceptions that I am prepared to address", Mnuchin begins, adding that "some of these issues are far more complicated than we are led to believe by the mass media,’ the former Goldman employee and hedge fund manager said, paraphrasing the Dude's legendary "lotta ins, lotta outs, lotta what-have-you's."

"As someone who Is Jewish, I believe I understand the long history of violence and hatred against the Jews (and other minorities) and circumstances that give rise to these sentiments and actions. While I find it hard to believe I should have to defend myself on this, or the president, I feel compelled to let you know that the president in no way, shape or form believes that neo-Nazi and other hate groups who endorse violence are equivalent to groups that demonstrate in peaceful and lawful ways.

In his statement Saturday, Mnuchin suggested that Trump’s political opponents, including Republican rivals in last year’s primary campaign, were unfairly seizing on the Charlottesville uproar to “distract the administration” from policy issues. Just like Bannon, Mnuchin's ties with Trump go back to the summer of 2016, when he first started as Trump’s campaign finance chairman before being named as Treasury secretary; according to the WSJ he has a close personal relationship with the president.

Mnuchin also referenced a broader national dialogue about the legacy of slavery and how historical figures should be remembered.

“Some of these issues are far more complicated than we are led to believe by the mass media, and if it were so simple, such actions would have been taken by other presidents, governors and mayors, long before President Trump was elected by the American people,” Mnuchin wrote.

Meanwhile, seeking to distance himself from the "nationalist" angle of his administration in the aftermath of Bannon's firing, Trump extended an olive branch to Saturday's demonstrators, saying that protests can be cathartic as thousands swarmed into downtown Boston on Saturday to speak out against white nationalists.

“Our great country has been divided for decades. Sometimes you need protest in order to heal, & we will heal, & be stronger than ever before!” the president said in a pair of tweets. “I want to applaud the many protesters in Boston who are speaking out against bigotry and hate. Our country will soon come together as one!”

And yet, just one hour before lauding Saturday’s protesters, Trump, who’s spending the weekend at his Bedminster, New Jersey, golf resort, was less sympathetic. “Looks like many anti-police agitators in Boston. Police are looking tough and smart!” He praised the effort of law enforcement officers and Boston Mayor Marty Walsh.

Mnuchin isn't the only ex-Goldmanite who is staying: last week the market turmoiled on speculation that Trump's top economic adviser and former Goldman COO Gary Cohn, was upset by Trump’s remarks and thinking about quitting. Cohn will remain in his position, a White House official said on Thursday.

With the "globalists" having won decisively the war for Trump's Inner circle of influence, the markets are eagerly awaiting to see what if any change in tone, rhetoric and policies will be unveiled by the president. With the debt ceiling deadline looming, Trump has little time in which to make a decision what his upcoming pivot will look like.

Mnuchin's full letter is below.


Looney Sun, 08/20/2017 - 10:40 Permalink

  Yesterday, Trump tweeted from Camp David: Important day spent at Camp David with our very talented Generals and military leaders. Many decisions made, including on Afghanistan. With Bannon’s departure, MAGA needs a make-over: Make Afghanistan Great Again! Repeal and Replace KarzaiCare and pass the Opium Tax Reform! Build the Wall between Afghanistan and Mexico. Make Mexico pay for it!   ;-) Looney

Son of Captain Nemo Looney Sun, 08/20/2017 - 10:49 Permalink

Goldman Sachs "bullish" on poppies (…) going into the last quarter!

America's military knows how to "flush the toilet" on what is left of the American economy better than anyone when it comes to creating "black markets" and "the means to fund their "black projects" since Iran Contra when 95 million Americans and counting are out of the work force and their veteran brothers and sisters are living on the streets mentally impaired and fried on their "meds" and "heroine"!

Gotta run to the store now for a brand new "yellow ribbon support the murderers" bumper sticker!...

In reply to by Looney

fleur de lis Son of Captain Nemo Sun, 08/20/2017 - 10:56 Permalink

Why is it that the Yalies never called for Skull & Bones to get off campus?Because they are cut in on the narcotics, guns, murder, and war racket.No sense in losing all that fabulous drug money when they can pretend to be superior humanitarians and look down on the DC riff raff.Mao Tse Tung was a Yalie. snots can start by cleaning up themselves first.

In reply to by Son of Captain Nemo

Handful of Dust JRobby Sun, 08/20/2017 - 11:05 Permalink

The soros funded lefties have been beating people up across the nation all year and now CNN claims thats great! All their violence is justified to further their fanatic ideology and power.So when do the lefties start throwing people off roof tops in the name of social justice? is that justified?What if others fight back in the name of their own idea of social justice? Is that ok also?How many eggs do you need to break?

In reply to by JRobby

Life of Illusion Handful of Dust Sun, 08/20/2017 - 11:54 Permalink…“Important day spent at Camp David with our very talented Generals and military leaders. Many decisions made, including on Afghanistan”.However, the Foreign Policy has reported that one of the reasons that draws Trump into this land-locked country is “abundant natural resources”.The FP speaks about a meeting in July with the headof an American chemical company that transformed his view of the US military presence in Afghanistan.Exploiting the country’s abundant natural resources could result in an incredible economic windfall, Trump was told.The publication points out that it was in this meeting that “Trump learned of the enormous wealth buried beneath Afghan soil: perhaps more than $1 trillion in untapped mineral resources in the form of copper, iron, and rare-earth metals.”“Trump wants to be repaid,” said a source close to the White House. “He’s trying to see where the business deal is”, notes FP.… wheres wilbur“Whichever military proposal wins out, the mining idea remains a top priority for Trump. Commerce Secretary Wilbur Ross is currently conducting an overall assessment of mining opportunities in Afghanistan, while Tillerson, the former head of ExxonMobil, is looking at whether the country would be stable enough for long-term American investments”, notes FP.

In reply to by Handful of Dust

NAV Croesus Sun, 08/20/2017 - 16:17 Permalink

Trump may have been adding an international banker to his cabinet to satisfy the Establishment but at the same time he added a Jewish spokesman who could explain to all of us what his position is on White and Black protesters.  So with Trump's appointments we now get the Jewish viewpoint on how Jews identify their enemies and how they, the Jews, are the traditional victims (perhaps Mnuchin can explain to us how the Palestinians feel as victims).What a great opportunity for Mnuchin to give us the advantage of being Jewish. And once again to identify the enemy : White Christians.

In reply to by Croesus

Paul Kersey JRobby Sun, 08/20/2017 - 11:13 Permalink

Mnuchin is in the position to enable the banksters to run the table on what's left on middle class wealth. It will take a lot more than just insulting his religion to pry this parasitic barnacle off of the sinking ship, the USS Treasury.

Remember this?

"In a confirmation hearing before the Senate Finance Committee, President-elect Donald Trump's pick to lead the Treasury was attacked for failing to promptly disclose he was a director of an offshore business vehicle domiciled in the Cayman Islands and owned more than $100 million in real estate."

That money came from his Indymac partnership with Soros, where they fleeced the taxpayers and doubled down on the the homeowner forclosures. Yep, Mnuchin is a real mensch

In reply to by JRobby

JRobby Paul Kersey Sun, 08/20/2017 - 12:06 Permalink

I am not saying he isn't dirty. I am just pointing out how many levels this thing has with the Yale "alumni" coming in with pressure on Mnuchin to resign when Mnuchin clearly has handlers outside of the administration that want him there.How exactly will the banksters "run the table" on the middle class? It's already dead. Anyone with any money left that still banks with anybody but smaller local banks or credit unions, or saves using the financial markets deserve what they get at this point. And alot of them are going to get hit.

In reply to by Paul Kersey

Paul Kersey JRobby Sun, 08/20/2017 - 12:37 Permalink

"How exactly will the banksters "run the table" on the middle class? "

By doing away with ALL regulations that keep banksters from: looting pensions, selling fraudulent financial products, constructing mortgages that are bound to lead to foreclosures, setting up bogus accounts and forcing borrowers to buy unnecessary insurance (Wells Fargo), charging excessive banking fees, forcing depositors to finance bail-ins, forcing taxpayers to pay for bailouts and/or derivatives busts, shutting off all recourse options for consumers, etc). It's the back door to installing the same shit that was in the Trans-Pacific Partnership (TPP). Banking ain't just about where one sticks one's limited savings and checking accounts.

In reply to by JRobby

Paul Kersey pkea Sun, 08/20/2017 - 14:32 Permalink

Mnuchin and Soros got billions in taxpayer subsidized dollars to indemnify those bad loans they bought for dimes on the dollar. They made fortunes on that sweetheart deal alone. But that wasn't enough. They still came back and foreclosed on folks that hadn't even missed mortgage payments, but didn't have the money to pay attorneys to fight these billionaires. For example, after Mnuchin and Soros turned IndyMac into OneWest Bank, OneWest foreclosed on Ossie Lofton , a 90-year-old widow, over a 27-cent payment error.

In reply to by pkea

pkea Paul Kersey Sun, 08/20/2017 - 15:23 Permalink

At the time of lofton's foreclosure mnuchin didnt own one west stake most would take almost free loans to make a deal like mnuchin but complain since nobody let themit is mnuchins conscience and karmic problem if something was done wrong but those who took the loans knowing that they are in vulnerable positions employment/ income wise or couldnt pay for a few years 30 cents perhaps were rid of undesirable homes anyway

In reply to by Paul Kersey

new game Son of Captain Nemo Sun, 08/20/2017 - 12:23 Permalink

ty a yellow ribbon are a MIC deep state cock and suck it hard. Yup, pure propaganda gobbled up by the sheeple as nationalist pride, and how dare you not be patriotic. but, yes funding of dark opps has to part of their operations. and who knows and ignores? hmmm, guessing a few of the 535 oath keepers, that  put their hand on the bible while taking the oath. so much bullshit going on it is too much to comprenda cept to lump it together and say carte blanch, we have a uuuuge problem that gets worse til sumtin gives...

In reply to by Son of Captain Nemo

veritas semper… Looney Sun, 08/20/2017 - 12:15 Permalink

Guess who's coming to dinner at the White House(isn't white racist?). This is from a Thierry Meyssan article:   An Israeli delegation will be received at the White House this week. The agenda: Syria. The three members of the Israeli delegation are: • Yossi Cohen (photo), Head of Mossad (Foreign Intelligence); • General Herzl Halevi, Head of Aman (Military Intelligence); and • Colonel Zohar Palti, Head of Military and Political Affairs at the Ministry of Defense. This delegation will meet with the following US representatives: • General H.R. McMaster, National Security Advisor; • Dina Powell, Vice National Security Advisor; and • Jason Greenblatt, The President’s representative for international negotiations. Israël, which has already secured a prohibition on Iranian troops or troops from the Hezbollah being present in Southern Syria, intends to use this visit as an opportunity to present compelling grounds for closing down the Silk Route. Israel’s justification? Teheran could use this route to supply arms to the Hezbollah. The three members of the Israeli delegation and Trump’s representative (Jason Greenblatt), all four of them are Jewish Orthodox. As for Dina Powell, she was involved in the assassination of Rafiq Hariri and planning the “Arab Springs”.   The war in Syria is lost for them. They came to pressure the American Goy to increase mayhem for them in Syria. I expect horrible FF pinned on Mr. Assad and to justify an intervention there. Expect something big and horrendous soon. I'm terrified of what they might do.

In reply to by Looney

Son of Loki Juggernaut x2 Sun, 08/20/2017 - 11:21 Permalink

I notice the Red Cross just cancelled all of its charity events at Trump's Mar A Lago place. Slimey bastards. President of Red Cross Is Forced to Resign The American Red Cross forced its president and chief executive, Mark W. Everson, to resign yesterday because he had an inappropriate relationship with a female subordinate, a spokeswoman for the disaster relief agency said.…

In reply to by Juggernaut x2

The Cooler King (not verified) JRobby Sun, 08/20/2017 - 11:08 Permalink

Well, Herodotus does start with 'HEROD'... But King Herod wasn't actually a jew either, just some puppet that the Romans put in there and showered with riches so that the jews would have something that was interesting for them to worship.

In reply to by JRobby