Pepe Escobar — How Donald Trump will follow the money

The headline is a bit misleading. The post is much broader and includes US foreign and military policy as well as the economy.

In modern liberal "democracies," policy battles are among elites, and this one is between industrial capital and finance capital. Industrial capitalists want their country back and think that Trump can deliver it to them.

Policy is prime determinate in macroeconomics, and this is a policy war among US elite and their disparate interests. Since the US is the global hegemon, its economic, foreign and military policy shapes the global economy as well as geopolitics. Industrial capital wants a course correction. Finance capital, backed by the Democrats, want to stay on course, which is a collision course with Russia and China in Eurasia.

RT
How Donald Trump will follow the money
Pepe Escobar

Kevin Drum — Trump Auctions Himself Off to Wall Street

Check this out:

Donald Trump has told prospective donors that, if elected president, he plans to nominate former Goldman Sachs banker Steve Mnuchin for U.S. Treasury Secretary.That’s according to Anthony Scaramucci, a high-profile hedge fund manager and Trump fundraiser....Earlier this year, the 53-year-old Mnuchin joined Donald Trump’s campaign as national finance chairman.

Trump's message to Wall Street is: The guy calling you for donations is going to be Secretary of the Treasury in a few months. So no worries: treat him right and he'll treat you right.…

Mother Jones
Trump Auctions Himself Off to Wall Street
Kevin Drum

David F. Ruccio — Trump and the Prosperity Gospel

Many observers of the 2016 campaign have been surprised by Donald Trump’s popularity with Christian voters.

But they shouldn’t be.

Chris Lehmann, like Jeff Shalet [sic*] before him, explains the key role the Prosperity Gospel has played in white evangelical Protestants’ making their peace with Trump.

Occasional Links & Commentary
Trump and the Prosperity Gospel
David F. Ruccio | Professor of Economics, University of Notre Dame

* Typo. Should be Jeff Sharlet, author of The Family.

CNN — Bernie endorses Hillary — Reactions

"I have come here to make it as clear as possible why I am endorsing Hillary Clinton and why she must become our next president," Sanders said at a joint rally here.CNN

Bernie Sanders endorses Hillary Clinton
MJ Lee, Dan Merica and Jeff Zeleny, CNN

Updated 2:19 PM ET, Tue July 12, 2016

What is most disappointing is that Sanders has refused invitations to speak to the Green Party, a truly democratic national party that has long championed the progressive stands that lifted the Sanders campaign to the top of national polls.

Fortunately, this November voters across America will still have the choice to cast a revolutionary vote to cancel student debt, achieve full employment and stop the climate meltdown through a Green New Deal, provide universal healthcare with Medicare for All, provide a welcoming path to citizenship, end mass incarceration and create a foreign policy based on international law and human rights. We need to commit to improving the lives of all Americans, not just the wealthy and special interests.

Counterpunch
Revolution Undermined: On Bernie Sanders’s Endorsement of Hillary Clinton

Jill Stein

Bernie Endorses Hillary.

How disgusting is that?

Not surprising. Predictable in fact. But disgusting nonetheless.

Brilliant Bernie Burns It Down

Russell Mokhiber

Alex Christoforou — Despite Corruption And Scandal, Bernie Sanders Will Endorse Hillary Clinton Tomorrow

There was a time a few months back where many Americans thought that Bernie Sanders was a different type of politician. A person of higher moral fabric…with a sense of integrity, sorely missing in US politics.

It was “Bernie of Bust” for many. A mantra that captured a country’s desire to break free of the corruption that plagues its political system, from top to bottom.

Forget about all of that. Come tomorrow Bernie Sanders will kiss the ring of the most corrupt, scandal infested politician ever to run for the office of US President.

Maybe Bernie is being pragmatic. Maybe he is willing to do anything to stop Donald Trump from having a chance at winning the elections. Or maybe, just maybe, Bernie cut a deal…and like so many other people and institutions that come in contact with a Clinton, he too got infected with the corruption virus.

A true man of integrity would never endorse Hillary, no matter what party lines dictate. A man who supposedly stands up for the 99%, would never endorse a candidate who just used her 1% status to avoid an indictment, that would have landed anyone of normal, ‘earthly’ status, into prison.…

The Duran

Despite Corruption And Scandal, Bernie Sanders Will Endorse Hillary Clinton Tomorrow
Alex Christoforou