President-Elect Trump Announces Economic Nationalist Dream Team: Mnuchin, Ross and Ricketts…

“We have the most killer deal-makers… we never use them, I know many of them… these guys are brutal… hard… and Obama uses Kennedy in Japan, I mean give me a break… we need strength”… “and we will win, and you will win, and we will keep on winning, and eventually you will say we can’t take all of this winning, …please Mr. Trump …and I will say, NO, we will win, and we will keep on winning”.

~ Donald Trump

Today, via Facebook (<– specifically note this), President-Elect Donald Trump announces more members of his economic team. Steven Mnuchin for Treasury Secretary, Wilbur Ross as Commerce Secretary, and Todd Ricketts as Deputy Commerce Secretary.

In essence, the Trump economic patriotism platform takes shape with the introduction of a few more key members for the domestic economy dream team.


If you have followed the Trump economic mindset from the beginning, you’ll know exactly what the purpose of each of these players are into the larger scope of domestic capital infusion. Remember, one of the essential elements Trump needs is to create the environment where the best play is domestic, ie. Main Street, investment.

To reverse three decades of economic outsourcing, the investment scales (best return) must tip from Wall Street (global investment) to Main Street (domestic investment), that’s where Mnuchin, Ross and Ricketts come into play. Economic patriotism is leveraged by steering capital investment much like well constructed levies can steer the flow of water.

Forbes is now forecasting over 6% GDP growth. Let that sink in.

“We are going to have an integrated plan and work closely between commerce and treasury to make sure that we drive growth in this country. Our number one priority is sustained 3-4% GDP,” added Mnuchin.

Furthermore, Mnuchin said tax reform would be significant to attaining economic growth and promised the “largest tax change” since Ronald Reagan. This includes cutting the corporate tax rate to 15%, a “big” middle-class income tax cut and simplifying taxes for the wealthy to spur investment. (link)

This team assembly is the dawn of a new era. An era where Main Street Titans, Industrialists and Capitalists –large and small– return to build and reconstruct a blue-collar balanced economy.

“Any reductions we have in upper-income taxes will be offset by less deductions, so that there will be no absolute tax cut for the upper-class,” Mnuchin said on CNBC. For example, he said they’ll cap mortgage interest deductability.

In other words, rich guys Mnuchin (estimated net worth $40 million) and Trump ($3.7 billion) called for capping government benefits for rich people.  (read more)

Multinational corporations are reassessing their own financial interests amid a paradigm many executives within those organizations never imagined. Heck, it’s been so long, many of the younger execs have no frame of reference for such a U.S. economic architecture.

trump convention 2

(New York, NY) – President-elect Donald J. Trump today announced his intent to nominate Steven Mnuchin as Secretary of the U.S. Department of Treasury, Wilbur Ross as Secretary of the U.S. Department of Commerce and Todd Ricketts as Deputy Secretary of Commerce. This team will be instrumental in implementing the President-elect’s America First economic plan that will create more than 25 million jobs over the next decade.

Mr. Mnuchin has decades of financial management experience including serving as Chief Information Officer at Goldman Sachs as well as finance director for President-elect Trump’s presidential campaign.

“Steve Mnuchin is a world-class financier, banker and businessman, and has played a key role in developing our plan to build a dynamic, booming economy that will create millions of jobs,” said President-elect Trump. “His expertise and pro-growth ideas make him the ideal candidate to serve as Secretary of the Treasury. He purchased IndyMac Bank for $1.6 billion and ran it very professionally, selling it for $3.4 billion plus a return of capital. That’s the kind of people I want in my administration representing our country.”

“I am honored to have the opportunity to serve our great country in this important role. I understand what needs to be done to fix the economy. I look forward to helping President-elect Trump implement a bold economic agenda that creates good-paying jobs and defends the American worker,” said Mr. Mnuchin.

Since 2004, Mr. Mnuchin has been the Founder, Co-Chief Executive Officer and Chairman of Dune Capital Management, one of the country’s premier investment firms, specializing in public equity markets, real estate and the entertainment industry. He also founded OneWest Bank Group LLC in 2009 and served as its Chairman and Chief Executive Officer.

Prior to that, Mr. Mnuchin worked for 17 years at Goldman Sachs, where he oversaw trading in government securities, mortgages, money markets, and municipal bonds and rose to become the company’s Chief Information Officer.

Mr. Mnuchin has extensive experience in investing and financing the entertainment business. He founded RatPac-Dune Entertainment, which has produced wildly successful films, including Avatar, the highest grossing film in history ($2.8B worldwide), American Sniper, the X-Men series and many more.

He is a Member of the Board of The Museum of Contemporary Art Los Angeles (MOCA), UCLA Health System Board, New York Presbyterian Hospital, the Los Angeles Police Foundation, and Life Trustee of New York Presbyterian Hospital. Mr. Mnuchin has a bachelor’s degree from Yale University.


In addition, President-elect Trump announced his intent to nominate Wilbur Ross as Secretary of the U.S. Department of Commerce, a man renowned for his extraordinary business career and economic expertise.

“Wilbur Ross is a champion of American manufacturing and knows how to help companies succeed. Most importantly, he is one of the greatest negotiators I have ever met, and that comes from me, the author of The Art of the Deal. Together, we will take on the special interests and stand up for American jobs,” said President-elect Trump. “Wilbur knows that cutting taxes for working families, reducing burdensome government regulations and unleashing America’s energy resources will strengthen our economy at a time when our country needs to see significant growth. I am proud to nominate him as Secretary of Commerce.”

“I am delighted to have been selected to join President-elect Trump’s Cabinet and look forward to working especially closely with Steve Mnuchin to implement the economic programs which we have developed jointly to implement the President-elect’s strategy for accelerating our economic growth,” said Mr. Ross.

For 25 years Mr. Ross headed Rothschild Inc. where he built a legacy of saving jobs and restructuring failing companies back to profitability. He has successfully grown businesses in the telecommunications, textiles, steel, and coal industries. In 2000, Mr. Ross started the investment firm WL Ross & Co.

Mr. Ross served as the President-elect’s top economic advisor on trade policy. He agrees with President-elect Trump’s plan to bring back jobs, eliminate the trade deficit and make good deals for America’s workers. He is a world-class negotiator and can be counted on to be a forceful advocate for America’s interests in the global economy. He received a bachelor’s degree from Yale University and his MBA from Harvard University.


In addition to Mr. Ross’ nomination, President-elect Trump announced his choice of Todd Ricketts, co-owner of the Chicago Cubs, to serve as Deputy Commerce Secretary.

“Todd Ricketts is an immensely successful businessman with unparalleled knowledge of the finance industry,” said President-elect Trump. “As Deputy Commerce Secretary he will help us cut waste and streamline government so that it works for the people of America. The incredible job he and the Ricketts family did in the purchase and turnaround of the Chicago Cubs – one perfect step after another, leading to the World Championship, is what I want representing our people. I am very proud to have him on our team.”

“I am honored that President-elect Donald J. Trump has asked me to serve our country at this critical juncture in our history. Advancing practical policies that promote economic opportunity is critical to making America great again. I’m eager to begin this important work and serving with Wilbur Ross to implement President-elect Trump’s economic agenda, which will improve the lives of all Americans,” said Mr. Ricketts.

Mr. Ricketts is committed to promoting the values of fiscal responsibility and educating taxpayers on wasteful and excessive government spending. He is the son of Ameritrade founder Joe Ricketts and has years of hands-on experience in the finance industry. Like President-elect Trump, Mr. Ricketts will use this knowledge to fix the broken Washington D.C. system, keep jobs in the United States and spur job growth.

Mr. Ricketts has consistently spearheaded efforts to defend the taxpayers’ money. Ricketts is a graduate of Loyola University Chicago. In 2016, Mr. Ricketts helped deliver a World Series Championship to the people of Chicago as a key member of the Cubs ownership group.  (Facebook Link)


Trump Economics – As we all begin to filter the impact of a historic Donald Trump victory, perhaps it is important to remind ourselves what should be the primary filter for perspective..

…the economics.

For the first time in many decades the chief executive of the United States will walk into office concerned about the fiscal stability of the United States.  For the first time ever, a titan of American Main Street is going to be in the oval office. Do not downplay the significance of this aspect. Money makes the world go ’round.

Every single global leader and politician is reviewing the U.S. election through their own domestic financial prisms. Enter, the land of Samsung, Kia etc:  (read more)

This entry was posted in Donald Trump, Donald Trump Transition, Economy, Education, Election 2016, Environmentalism, EPA, media bias, Uncategorized. Bookmark the permalink.

226 Responses to President-Elect Trump Announces Economic Nationalist Dream Team: Mnuchin, Ross and Ricketts…

  1. Peter G says:

    Donald, Please don’t forget to fire all of Obama’s Czars.

    Liked by 43 people

  2. Eric Kennedy says:

    I wish I had the opportunity to spend an hour with Ross and Ricketts to tell them what has become institutionally wrong about Commerce. Many of the best people have fled that agency in recent years. Process has become more important than outcomes.

    I was there under four different Administrations. Each fell victim to “don’t rock the boat, this is the way things are done around here” argument. So simple briefing papers would become two-week nightmares that had to go through a dozen clearances. More and more time was spent on saying we did stuff rather than actually doing it.

    I’m not sure how they overcome these problems, but it’s going to be a real problem. A lot of the middle management there is incompetent.

    Liked by 29 people

  3. AleaJactaEst says:

    Rothschild eh? Bilderberg comes to mind….. Global Elites. Meh.


    • paulinohio says:

      If we dismiss everyone based on where they may have worked at one point or another then there will be nobody left to choose from.

      Keep an open mind. Some of these companies that are looked upon as “globalists” have done “some” good. Like Koch brothers, they run a slew of companies that do business right here in the USA. I would not dismiss someone just for being associated with a company. Same thing with Bufffet and Berkshire. A lot of American companies manufacturing things in the USA.

      Not saying to not be skeptical, just keep an open and find out about the specific person before dismissing them.

      Liked by 15 people

    • MVW says:

      There are 10’s of trillions, perhaps multiples of that, to be made rebuilding America. Islam must scare the old money men to their silk socks. Anyone think they are stupid?

      Don’t know the pedophile silver spoons that support Unigovernment and muslim invasion, but the real old money has just kicked them to the curb. The money will now flow to Make America Manufacture Again.

      Watch the return of pizza to mean once again America’s favorite nutritious take out instead of the disgusting #pizza code word.

      Liked by 9 people

    • ginaswo says:

      snow white was unavailable. something about bad fruit.

      Liked by 4 people

    • singingsoul says:

      Yes so what…?
      These people are Americans who love this country they see that we need to change .
      Remember the US is for all Americans ideology comes second to love for country.
      Trump is all about “make America great again: to about does this person fit my ideology. I am like Trump I want this country to be strong ideology is second.
      I am an independent and think both parties had lost their way. I am conservative always was but I am not closed minded and like to think out of the box. Now that I put my personal limitations aside of holding on grudges I see what my President elect is doing . This is all about America…:) I am very happy and grateful for Trump.

      Liked by 7 people

    • andi lee says:

      Rothschild, family to cousin Clinton, per wikileaks. No lie.


  4. regedit says:

    National Security team -In place ready to go
    Economic Team – in place ready to go
    HHS,Transport,Education Team -in place ready to go

    Liked by 11 people

  5. Bull Durham says:

    Today with Maria Bartiromo, Wilbur Ross and Steve Mnuchin

    All the details of the economic changes that are Trump’s promises.
    These two will get it done. The A++ Team is in place.

    Liked by 18 people


    🙂 🙂 🙂
    Trump is thanking us but we should thank him …

    Liked by 18 people

  7. M33 says:

    Andddd the winning continues!!!

    Liked by 6 people

  8. I very much like the Mnuchin and Ross picks. We’ll see about Ricketts–time will tell.

    Sundance–where did Forbes forecast more than 6% GDP growth? That would be insane. Not sure how realistic that would be as Obama never surpassed 1%. Would be incredible to witness such a turnaround.

    Liked by 6 people

    • Eric Kennedy says:

      The DepSec position at Commerce has been historically a weak position (similar to the VP). That may change under a Trump Administration, but I wouldn’t get too worried about that hire.

      Liked by 7 people

    • Kroesus says:

      your date is incorrect……Obama never wandered into the 3% GDP growth for a year (first POTUS ever with this accomplishment) but often gained in the 2%+ range

      Liked by 1 person

      • rf121 says:

        Who can trust their numbers? 4% unemployment for example. First thing to do is have the number crunchers come up with believable data.

        Liked by 6 people

        • notamemberofanyorganizedpolicital says:

          You said it!

          Every last number for Obama has been faked to infinity.

          Liked by 2 people

        • Yes, indeed, rf121! First step – get the numbers back to the states. Did you know that just a few years ago the federal employment number crunchers took over the state people, who were actually on the ground talking to employers?

          I never trusted another unemployment figure again after that! I was always amazed that there was no outcry over that anywhere – except me in my weekly unemployment report for my tiny weekly paper, now, sadly, defunct.


      • NJF says:

        && then the #s will be revised down. Many Americans are going to be shocked at the real numbers.

        Today’s +200,000 new jobs is actually abysmal. All “consumer jobs”

        Liked by 2 people

        • wolfmoon1776 says:

          I hope Trump’s people make a real point about a “return to real numbers”.

          Liked by 2 people

        • Ron says:

          That ‘new job’ rate is completely bogus, too, because they weight it for seasonal jobs one way or the other. It’s just a nonsense number that means nothing. There were likely millions of new jobs created, but all seasonal, they take some of those and spread them to other months to make an average, etc. It’s just a made up, completely useless number that has no relationship to reality.

          Liked by 1 person

  9. joshua says:

    Building the wall stops massive outflows of money from the nation via illegal and Mexican laborers working jobs in the US…and stops the influx of Cheap, Non citizen workers so that only CITIZENS get to work here in NEW JOBS at wages that will go up due to scarce resources forced upon global and major corporations. Unskilled jobs will begin to be replaced with automation as this happens, creating MORE capital investment in American industrial products.

    This is playing the LONG GAME…..Trump understands it well.

    Liked by 7 people

  10. paulraven1 says:

    Just one question. How do you pronounce Mnuchin?

    Liked by 2 people

  11. Skyborn says:

    Once obummer is gone, everything will come into glorious focus and America will find itself winning. We won’t even recognize what “normal” WINNING looks looks like any mow and when we do, we should never forget what 8 years of LOSING was like.

    Liked by 7 people

    • Political Reviewer says:

      “We won’t even recognize what “normal” WINNING looks looks like any mow and when we do, we should never forget what 8 years of LOSING was like.”

      Our family will never ever forget what 8 very long years of losing was like. Once Trump/Pence take office, the rejoicing across our great country will be tremendous.

      Liked by 8 people

  12. Pingback: President-Elect Trump Announces Economic Nationalist Dream Team: Mnuchin, Ross and Ricketts… | The zombie apocalypse survival homestead

  13. WeThePeople2016 says:

    I have seen Wilbur Ross many times on FBN in interviews. He is a very nice man who knows his stuff. He is also deeply loyal to Trump.

    Liked by 10 people

  14. Private sector company I work for has to have at least 5 duplicates for every job. Rarely can you find someone to take responsibility for anything in the government. Don’t get me started on the Corps of Engineers. That is the biggest cluster f**k out there. When we have a contract that has to go through them, we know it’ll be 1 or 2 or 3 years before completion…yes they are that incompetent and lazy. I would be fired from my job if I was like that. I’ve seen it take over a year just to get fiber cable laid between 2 buildings due to a fights between departments on whose responsibility and budget it’s coming out of.

    Liked by 10 people

  15. paulinohio says:

    I have to say, I am disappointed that people see “Goldman Sachs” and immediately start complaining. Goldman or JP Morgan are not inherently evil. It is the current Wall Street mindset that is killing us.

    Last week there was some rumblings about Jamie Dimon being considered for Treasury. Without going into all the pros/cons, I can say having a person like that at Treasury would have been to our advantage.

    It seems to me this goes back to something Sundance wrote about over the election. We have to take this country down to the frame to restore it properly. We don’t to putty over the rust spots and have them appear down the road.

    Sometimes the guys and gals that do this kind of restoration are not going to be someone you might identify with – becasue they might be ruthless sob’s. But that is what this country needs right now – some ruthless hired guns that take no prisoners.

    Much better than the lame safe spacers that Obama has in place.

    Liked by 16 people

    • paulinohio says:

      One other thing – not all companies that outsource jobs do it as their first option. I’ve run companies where we had to take business overseas because there were no other options. I’m not talking about call center jobs and the like, but manufacturing jobs.

      The regulations were so overwhelming, raw goods suppliers had left, unions were demanding more than we could give and the list goes on.

      If we wanted to stay in business and remain profitable we had no other choice.

      If you want to blame the CEO’s that make these decisions I understand. It is easy to do without knowing the entire story. Are some CEO’s greedy and shortsighted, certainly so. But there are many cases where their hands have been forced.

      I know someone in the lighting industry who had to move his manufacturing overseas.Up to a point it actually costs them about the same to build their product overseas. But when you toss in the regulatory burden and costs associated with all the red tape, it double the cost.

      Get rid of all the crap regulations and hopefully we’ll see companies bring the manufacturing back home.

      Liked by 9 people

      • Hmm, I always suspected that the “lower labor costs” argument wasn’t the whole story. And I always knew that regulations were very expensive. The problem has always been that no one that I know of has actually quantified the actual cost of regulations.


        • paulinohio says:

          Our company is a small business, but we do well as far as revenue. Let’s say under 50 million a year. I would have to look at some reports to give a precise number but here is a some examples of how things have got out of control. Now, to be up front these issues started with Bush 43, and got worse under Obama.

          We had multiple products that were FDA regulated as Class I medical devices. Class I is the “lowest” with the least amount of regulations. So we are not talking about artificial hearts, this is very low risk stuff. When we launched these products I did all the 510K clearance paperwork myself for some of them, while there were others that were 510K exempt.

          This is where things start. I think it was in 2004 that I did the paperwork for an item, received clearance and we started marketing. About 3 months later I get notified we will be retroactively charged around $10K due to the FDA Modernization Act. Basically they started charging a fee for 510K’s and PMA’s, but the legislation was not passed until after I had received clearance. Big gut punch for a product we were just starting to market.

          Over the next 10 years or so costs rose due to annual registration fees, paperwork, hiring consultants and so on. So along comes the ACA (Obamacare) and the new manufacturer’s “medical device excise tax” of 2.3%. (Since repealed)

          But our option was to raise our prices or absorb the costs. We are in a tight margin, very competitive industry, so we had to eat some of the costs. But along with the actual tax comes paperwork, bi-weekly reporting and payments and all types of hassles.

          I’ve already been long winded so I will keep this short. When we took a step back and analyzed tings we realized all the regulations were sucking up all our profits. It also discouraged us from launching any new FDA regulated products. We wound up selling off the products to another company (at a loss) just to get out from under the crushing regulations.

          Another example is a manufacturer of lighting products that was in business for 40 years, employed around 30 people and made great products. Well, the EPA decided one of the material they used was now “toxic”. And not toxic like sulfuric acid, toxic like the ink in your pen is toxic if you swallow 50 gallons. They ended up having to shut down their entire manufacturing operation, moving it to China and only having salespeople in the states. It is much more complicated than I am writing, but that is the tl;dr.

          Sorry to go on such a long rant, it just really burns my butt how complicated things have become. Most people don;t understand, and don’t care to understand.

          How the sausage is made and all that.

          Liked by 4 people

          • lokiscout says:

            Thanks for the inside scoop. I don’t mind reading as long as it has substance and isn’t just a rant. Your story was worth reading!
            Thanks again.

            Liked by 1 person

          • Fake Nametag says:

            When something is as informative as what you wrote above, it is not too long to read. Thank you for taking the time to write this.

            Liked by 1 person

          • navysquid says:

            Paul thanks for your story and sorry for your headaches!

            We’ve seen similar changes in healthcare. I recall going to the doctor in the ’70’s with my Dad to get stitches (I had to go often…lol) and remember my Dad just working out small payments with our Doctor. Then we moved into the 80’s and HMO’s came along and then we went to another level in health insurance while leaving the small doctor offices to multiplex doctor and hospital offices because of the onerous costs and regulations on doctors that they needed to join up to share in the overwhelming costs which eventually led to the nine-headed monster of Obamacare with everyone paying $5000 plus deductibles and getting terrible coverage!

            We need to move back to the days where transactions take place between doctor and patient again…simple days – simple payments.

            Liked by 1 person

    • Odd that the Goldman Sachs connection was outrageous when it was Ted Cruz but okey-dokey for Trump.

      Liked by 2 people

      • Ron says:

        Deal with it.

        Liked by 3 people

      • notamemberofanyorganizedpolicital says:

        God is in the “DETAILS!”

        Liked by 1 person

      • Yadent says:

        Trump is not beholden to GS in any way. Not via campaign donations, his wife’s employment, nothing. GS is a powerful American institution that needs to be treated as such. In the Trump administration GS can’t call in any political favors because Trump owes them NOTHING other than fair treatment any US business is entitled.

        Liked by 8 people

        • paulinohio says:

          I could not have said it any better myself.

          Wall Street itself is not evil. It is the greed. Not everyone on Wall Street is “greedy”, some are just trying to make a living. And there is nothing inherently wrong with making money.

          It is when money becomes the “only” thing that things tend to get out of wack.


          • David says:

            “Wall Street itself is not evil. It is the greed. Not everyone on Wall Street is “greedy”,”

            The problem is we don’t know who on Wall Street is not evil, and who on Wall Street is not “greedy”. We have nothing to indicate Mnuchin is not “greedy” other than Trump hired him. I can only hope that Trump’s honed ability to fire people means he will jettison or demote Mnuchin the moment Mnuchin starts asking for bailouts for banks and Goldman Sachs. I have more trust in that hope at the moment than the hope that Mnuchin is not greedy.


            • paulinohio says:

              What I hope, and I think we should all hope, is that the banks do not get to a point where they need a bailout.

              If we Make America Great Again then banks should do just fine. Part of making America great is forcing these banks to separate their normal banking operations and their high risk speculations.

              Let’s have banks be banks, and hedge funds be hedge funds.

              So much more to this, but I guess my point is wouldn’t it be better if we just let the past go, looked toward the future and works towards making sure the banks never need a bailout?

              What is done is done. You can’t change that. Let it go.


              • David says:

                “What I hope, and I think we should all hope, is that the banks do not get to a point where they need a bailout…wouldn’t it be better if we just let the past go, looked toward the future and works towards making sure the banks never need a bailout?”

                If you want to make sure banks never need another bailout, then you have to make fractional reserve banking and lending illegal. Thus the bank can only lend out one dollar for each dollar deposited.

                If a bank can lend out two dollars for each dollar deposit, it will eventually have loans twice as large as money deposited. What happens if more than half of its loans go bad? Then either the bank gets a bailout, or the guys who deposited money lose some of their money.

                I don’t expect Trump to end fractional reserve banking, so I don’t expect us to ever get to the point where banks won’t need bailouts.


                • paulinohio says:

                  I can say this much. we agree on more than we disagree.

                  As far as how much banks can leverage I think 1 to 1 is a bit extreme. Money would quickly dry up. What about business loans where there is collateral? Mortgages where there is collateral? Leveraging is part of doing business – but I agree the leveraging must be ratcheted down.

                  Bring back Glass-Steagall and many of these issues can be resolved.


    • David says:

      The problem with Goldman Sachs lies with what happened with the financial crisis occurring during George Bush’s second term. We got TARP thanks to Bush’s Treasury Secretary Henry Paulson.

      Picking someone like Ron Paul(not that I think Paul would take the job) sends a clear message…no bailouts for banks. Now we can’t be sure. But I am willing to wait and see.


      • paulinohio says:

        Picking someone like Ron Paul woudl have been a horrible idea. He is a medical Doctor, why would he be a good pick to run the treasury department?

        Would you want your accountant operating on you?

        Liked by 1 person

        • David says:

          “Picking someone like Ron Paul woudl have been a horrible idea. He is a medical Doctor, why would he be a good pick to run the treasury department?”

          Because, in addition to being a medical doctor, Ron Paul is very intelligent and extremely knowledgeable about economics and Federal Reserve banking. He knows far more about economics than Mnuchin, which makes him a far better choice than Mnuchin. Mnuchin knows more about investing, but the government doesn’t have money to invest, so Mnuchin is practically worthless as Treasury Secretary.

          “Would you want your accountant operating on you?”

          Your question is a category error. Ron Paul was an obstetrician, not a surgeon. I would not want Ron Paul, Mnuchin, or an accountant operating on me. I would not want an accountant delivering a baby. But any midwife can deliver a baby, and any person with a high IQ can handle economics and accounting. It isn’t that hard, and only takes a short time to master the basics. Mnuchin doesn’t show a mastery of the basics of economics, which is a different field from investing.


          • paulinohio says:

            You make an awful lot of assumptions in your post as well as many errors. Here is just one:

            “He served as a flight surgeon in the U.S. Air Force from 1963 to 1968. He worked as an obstetrician-gynecologist from the 1960s to the 1980s.”

            So, in fact Ron Paul was a surgeon at one point, while an obgyn later in life.

            Also, the Federal Reserve does not fall under the Treasury Department.

            As for your last paragraph – sure let’s get someone from H&R Block to run the Treasury Department.

            You are probably a Pualite, and that is OK. I really like Ron Paul too. But you are talking about the Federal Reserve, not the Treasury Department. That is a totally different discussion. And while I would still say I would not want Ron Paul running the Federal Reserve I would see value in having him involved with somehow reforming the Federal Reserve. But as FOMC Chairman, no.


            • David says:

              “So, in fact Ron Paul was a surgeon at one point”

              I stand corrected on that side issue, but you missed the main point. The job of Treasury Secretary is not a highly specialist job that requires years of practice like surgery or engineering. It is a job like accounting, where anyone with a high enough IQ and a few weeks of training can master the basics. Your argument was akin with those arguing Clinton was the better choice for President because of “government experience”.

              “Also, the Federal Reserve does not fall under the Treasury Department.”

              I never said it did. I said that Ron Paul is “extremely knowledgeable about economics and Federal Reserve banking”. Note on the Treasury Dept website it says it is “responsible for a wide range of activities such as advising the President on economic and financial issues, encouraging sustainable economic growth, and fostering improved governance in financial institutions.” Thus a knowledge of central banking and its critical role in currency creation, interest rates and as a lender of last resort to big banks is important for a Treasury Secretary.

              “sure let’s get someone from H&R Block to run the Treasury Department.”

              If you don’t like Ron Paul, another good choice would have been John Allison, who was critical of TARP, the Dodd-Frank Act, the Federal Reserve and the FDIC. It is clear from his criticisms that Allison understands the financial harm these institutions cause, and Trump would have sent a message to banks they can expect no bailouts under him and Allison. Instead we have Mnuchin who may or may not have such views, but what little we do know isn’t encouraging. His support of the idea of long-term 50 year bonds or longer is a bad idea that won’t drain the swamp, but will instead add another spigot to make the swamp bigger.


              • paulinohio says:

                I disagree about how you describe the Treasury job. I think it does require thinking and working hand in hand with other departments. You are laser focused on the fed, and OK we agree it needs fixed. (abolished maybe?)

                But there are many other issues like dealing with the personal and corporate tax codes. The IRS needs fixed. And so on.

                I get where you are coming from. But myself, I don’t want the government to be at war with the banks. Nothing good can come from that. I just don’t think the Treasury Secretary needs to have an adversarial position with the banks.

                And I very much like Ron Paul – I would just not put him in charge of Treasury. I would love to see Trump utilize Ron Paul’s experience and knowledge to deal with the Fed. Audit it, abolish it, go back to the gold standard. Everything needs to be on the table.


  16. I am not a brilliant financial genius in any way. But a formula to prosper is not beyond any of us.

    More good paying jobs is the biggest key to success. The more money put in peoples hands simply equates to more spending. More spending equals more jobs and services.

    Keeping that money in peoples hands is the second key. Less taxes and a simpler tax code. Knowing what is yours and how you can keep your own money is the key to making everyone happy. Again, freeing up money to spend and purchase things you want and need.

    The most important part of all of this is cutting government waste and spending. Shrinking the size of Government to a minimum and using less money to provide government services is the answer to all the problems.

    The formula they are working on is the right answer. More good jobs. More people working. Less taxation. Less government spend. EQUALS SUCCESS!!!

    Liked by 6 people

    • joshua says:

      the issue in revamping our economy is matching employee skill sets and competency with business needs….we have had such sorry results with our public school students and pathetic college courses that we are not in good shape to absorb rapid growth…that was also why we had a lot of H1B labor in the high tech world….our last two generations have deteriorated regarding work ethic and responsible behaviors.

      Not knocking our folks, but that is why we have trouble with hiring folks to do the higher paying jobs…..if we get rid of illegals, than we still have to have labor willing and able to show up at a job and do some hard manual work on a consistent and quality basis.

      We are going hopefully to create jobs that will be looking for employees…but our best workers are the older ones.

      Liked by 1 person

      • Tom says:

        Oh bullshit on the H1B stuff. The VAST majority of H1B holders are Indians who have fewer skills than some of our high school graduates who have been coding since they were young teens. Look up the data – the vast majority of these are hired only to cut costs of employing Americans…see Disney in Orlando. Poof, 250 Americans let go for H1B holders being paid less than half the Americans’ wages.

        Don’t buy the CEO hype – there is no shortage of American talent in STEM jobs except MAYBE at the very very extreme topmost level, and that’s a very small part of the current H1B hires. My first electrical engineering job out of school involved the first few months as a trainee, where I learned the specific skills for my job. Imagine that – a company that trained Americans, not Indians. This is what we need again. My nephew was just laid off from his programming job in July, along with 47 others. He has not found another programming job yet – companies are only hiring Tata, Infosys, etc, people they can lay off without bothering with labor rules.

        If Trump is going to make America great again, there needs to be fewer H1B visas, a higher salary floor for these visas, and economic incentive (fewer labor regulations, etc) to hiring Americans.

        Liked by 1 person

  17. TexasDude says:

    The movie “The Company Men” I think best represents what is happening now

    Liked by 1 person

    • bleep21k says:

      @TexasDude – “The Company Men”, one of my all time favorite movies. The Tommy Lee Jones character was a righteous dude by the end of the movie, and it ended with a lot of great opportunity for rebuilding something that was “lost”, and his billionaire character understood that.

      Good call TexasDude, and a movie I highly recommend.


  18. tempo150101 says:

    To reverse three decades of economic outsourcing, the investment scales (best return) must tip from Wall Street (global investment) to Main Street (domestic investment),

    This is an excellent point. The structural incentives in our economy favor paper shuffling and investing. A realignment of those incentives to favor Main Street will go a long way toward getting this economy moving again.

    Liked by 3 people

  19. Dale says:

    When in the Army, at the end of the budget year, if any money was left over, it had to be spent or else they could not justify more money for next year. They shipped us tape recorders, oscilloscopes, furniture… all sorts of things that we didn’t even ask for.

    Then as a civilian IT contractor I was once hired for a two month job where I did nothing, virtually nothing, just so the department could spend their budget money before the end of the budget year.

    Liked by 1 person

    • Remington says:

      My sister in law has worked for Jusice and relates the same end of year scenario. ‘Boss comes running into her office saying they have excess money that must be spent before year end…”Do you want all new furniture?”…..NO and please get out of my office. I’m thinking th i s is not the answer most folks put forth most times.

      Liked by 5 people

  20. notamemberofanyorganizedpolicital says:

    RE: “Economic patriotism is leveraged by steering capital investment much like well constructed levies can steer the flow of water.”



    Liked by 1 person

  21. tommylotto says:

    “For example, he said they’ll cap mortgage interest deductibility.”

    I hope that the cap takes into consideration geography and local housing prices. A million dollar mortgage in middle American indicates a rich guy, but that same million dollar mortgage in coastal California may be decidedly middle class. Property values across the nation have been evaluated with the mortgage interest deduction baked into the cake. There could be some huge losers with this change, many among those who do not consider themselves particularly wealthy. Namely, me.

    Liked by 2 people

  22. bdc5551 says:

    I like what I read about these guys, but can someone explain to me why it’s ok to trust Goldman Sachs employees now?

    Liked by 1 person

    • CountryclassVulgarian says:

      He was the Goldman Sachs prior to 2004. Before GS sold its soul to bho.

      Liked by 1 person

    • singtune says:

      No One said that~! He used to work for them quite a While ago~! Period. Then he MOVED on~!


    • KBR says:

      Goldman Sachs was a puppeteer which could control Cruz, through Heidi a Goldman Sachs employee and through loaned money to his campaign, all to the benefit of Goldman-Sachs even where it may have not benefitted the USA citizens.

      We did not want Goldman Sachs calling the shots for the USA through politicians who are beholden to (owe money to, or have part of family income from) Goldman Sachs.
      Goldman Sachs would call the shots.

      Trump is not controlled by Goldman Sachs. He has hired a very smart man who used to work for Goldman Sachs but now will work for Trump and for the USA citizen.

      Trump will be calling the shots, and stated he is beholden only to us, the USA citizens.
      The people will call the shots.

      Liked by 1 person

  23. A.D. Everard says:

    This is… Wow. Just wow. I have never known anything as exciting as this. I cannot express enough admiration for this man Donald Trump. It’s an incredible thing he is doing – for the world! His inspiration will spread beyond the shores of the USA. As much as I’d like him in my country (Australia), I recognize the importance of him being there in America. What he is doing in America will have the impact that needed to start the revolution elsewhere.

    I can’t get over all this. What a fantastic, exciting, exhilarating turnaround. Brilliant. Absolutely brilliant. My heart and love to you all.

    Liked by 10 people

    • coldsnap says:

      ; )

      Liked by 4 people

    • Our heart and love back to you! Aussie Aussie Aussie Oy Oy Oy!! Yeah c’mon!! MAGA! Make America Great Again, Make Australia Great Again! Cheers!

      Liked by 6 people

    • Kaco says:

      Thank you for your words and support! Hoping this nationalism spreads to your part of the world, too!

      Liked by 5 people

      • A.D. Everard says:

        A big Thank You. I think it will. I’ve never known anything like this. I never knew the turn around would be so great and so all encompassing. I thought it would take years of very hard slog – But Donald Trump is just DOING IT.

        And I LOVE how he is going AROUND the press. It’s icing on the cake. Then again, every time I look around there’s MORE icing on the cake!

        This is the best history in history!!! 😀

        Liked by 3 people

        • Make sure you watch tomorrow at 7 pm Eastern standard time USA, if you havent seen his rallies (but hopefully u have) you are in for a treat.
          Tune in to for live coverage of the Thank You Tour
          Also check for live coverage at Carrier plant tomorrow in Indianna

          Liked by 1 person

          • A.D. Everard says:

            Thank you for that. I will certainly do so depending on the hour here – currently it’s coming up to 2:00 pm, so I’m about 7 hours behind you – or rather 17 ahead. It’s the 1st December here! 🙂

            I’ll work something for sure – I’m in here all waking hours now. Can’t leave it alone! I’m bound to catch at least some of it. Many thanks!

            Liked by 1 person

            • You sound like the rest of us who have Sundance/Treehouse fever…many lost hours of sleep watching rallies and keeping up with Sundances brilliant posts…lost working hours checking in etc…it’s quite addictive in a great way & so enlightening.

              Not to worry, will replay in full later as they did with all rallies.

              Might I suggest going back in archives to Trumps October 13, 2016 speech after GOPe and media tried to bring him down. You will see nothing like it. You’ll get addicted watching his rallies so much fun! Oct 13 is a MUST see!

              Liked by 1 person

              • A.D. Everard says:

                Ooh! Thank you for that link, I didn’t realize had archives (I only in the last few days learned that rsbntv existed – I am learning HEAPS here). 😀 Oh boy! I’m going to be busy now… LOL. Cheers!

                Liked by 1 person

                • Also and i should have mentioned this 1st, you can check Sundances archives or do a search (top right hand side of site) pull down search link. Either or you should find if not we’ll find for you😉

                  Liked by 1 person

                • Haha! Yep you’ll be busy… in a fun way. Many of us here have learned so much and passed on the knowledge. Sundance has awoken and taught so many, I have learned so much beyond whay i could hv imagined!!. Just a brilliant site and brilliant place to be. Cheers!

                  Liked by 1 person

                • A.D. Everard says:

                  Thank you, Deplorable Georgia Grace. And for mentioning Sundance’s archives here. I agree wholeheartedly with everything you’ve said (and you bet I’ll explore!). The welcome I have found here has been utterly fantastic and truly appreciated.

                  I found you guys literally the day before the election. I could not have timed it better! And -wow- I was won at once, swept up in the excitement and all the reports from the streets, from the voting lines, from all over the country. I have been on a high ever since. I love what’s happening.

                  Like you guys, I can’t get enough. And I’m not tired of winning either! It’s a great time to be alive. 🙂

                  Liked by 1 person

                • You are so welcome! That is so great to hear and I hope Sundance reads your comments!!

                  I found this site by chance due to a Treeper posting the link on another site i read. I like you have never left and boy were my eyes opened to understanding why and what was going on.

                  I’ll leave you to investigate but on top of serching DJT in Sundances pull down search tab, learn about UniParty and Tripwires and his Benghazi Brief is stellar!! No words to describe the understanding and knowledge you will continue to gain. Enjoy!! Cheers!

                  Liked by 1 person

  24. Stringy theory says:

    Lump in my throat and tears in my eyes reading this analysis by Sundance. Thank you President Trump.

    Liked by 7 people

  25. Bull Durham says:

    The US Economy was a sedated giant, tied down like Gulliver by Lilliputian Liberals.
    Trump, Ross and Mnuchin will cut the ropes and free it. The sweet smell of capital circulating will resuscitate it. And the genius of entrepreneurs and creative workers will get Gulliver up and running.

    Don’t listen to the pundits and any Media trying to spin or sow doubts. Just run the four videos from Maria’s show this morning I posted above upthread. Both men speak in common language. Easy to understand business and finance and tax strategy. These guys have the expertise and knowhow and are going to succeed.

    Think Baseball. Mantle and Maris. The tandem will hit it out of the park.

    Trump told us he knew the best of the best. They are batting third and cleanup.

    Ross is the first Trump ICBM aimed at China. And the Chinese know it.

    Liked by 13 people

  26. Stefano says:

    I like Rickets, I take your word on Ross, even if not much specifics I trust you,but am I the only one who sees the definition of Mnchin as an economic nationalist as a bit of a stretch ?

    Liked by 1 person

  27. Concerned says:

    If Trump has success, and I believe he will, this will be the end of the Democratic Party. Without the plantation they have nothing. Plenty of blacks and hispanics already figured out that jobs and the economy are our most important issues, the rest were probably feeling it but just couldn’t force themselves to leave the plantation. If the next 4 years are profitable for us the plantation will be wiped out in 2020.

    And what did the Democrats do in response today? Re-elected crusty Pelosi. Tucker Carlson said it’s for two reasons, California has a massive voter base and Pelosi is a big fundraiser. The Democratic priorities are what, exactly? Winning elections and raising money for the party? Nothing about the citizens? Jobs? Reasonably-priced healthcare? Market growth? If the Democrats continue to be selfish and only look inward, and pander to the people who cannot contribute to the economy, then they are toast as the rest move on to greater prosperity and self-sufficience.

    Liked by 9 people

  28. India Maria says:

    Made in the U.S.A.

    Liked by 1 person

  29. blutoslounge says:

    This just in:

    I’m not tired of winning!!! 💥🇺🇸😎🇺🇸💥

    Liked by 7 people

  30. andi lee says:

    Meanwhile, jackals gotta jack!

    IMPEACHMENT Proceedings needed immediately!

    Liked by 7 people

  31. CountryclassVulgarian says:

    Sundance alluded to this but notice President Elect Trump did not make this announcement thru the drives bys. The enemedia is finished.

    Liked by 10 people

    • sundance says:

      This really is a key element I hope people don’t miss.

      We are living in the space where the political tectonic plates are moving.

      Liked by 10 people

      • “Today, via Facebook (<– specifically note this)”

        Exactly. This is why MSM screams and bleats whenever PE Trump tweets. He’s bypassing them, and in so doing deprives them of ratings and therefore millions of dollars in revenue, and trillions of dollars in influence.

        Liked by 1 person

    • Trump is multiplying his Social Media Army at the expense of the Dishonest and Outdated MSM.

      Wait for Trump to mobilize the Social Media Army for completely unforeseen leverage.

      Liked by 4 people

      • clash108 says:

        There is an army, and if you screw with it, you’ll pay dearly. The boycotts are a prime example, and these companies, like the outdated politicians will never learn. The latest is the #dumpkelloggs movement. Expect Kellogg’s stock to drop dramatically.

        Liked by 1 person

        • singtune says:

          Kelloggs is NOT Worthy of or their Readership~! They sell GMO Products that make Humans SICK.

          That is because they use “Genetically Modified Corn/Wheat etc. in all their FOOD ~~& it is Hazardous to our Health~! Why should we even consider Kellogg’s~~I stopped using them over 5 years ago, when I stopped buying GMO Food altogether.

          Liked by 3 people

        • CountryclassVulgarian says:

          No loss here. I don’t buy their products.


  32. At approximately 1:00, Maria says Steve Forbes was on the other day and was predicting 6% economic growth.

    Mnuchin: basically that would be nice, but “we are shooting for 3-4%”.

    ANY smart business, sales or finance person under-promises, with the intent to OVER deliver!

    another glimpse of our future #winning!

    Liked by 7 people

    • CountryclassVulgarian says:

      ..and President Elect Trump is a master at under promising and over delivering.

      Liked by 5 people

    • cdquarles says:

      And, like it happened after the Reagan era reforms kicked in, if we get the kind of tax/regulation burden reduction desired, we’ll easily get 6% peak and sustained 3/4% (think of that with a nominal $20 Trillion economy. 5% is $1 Trillion per year growth to start (compounding!).

      Liked by 1 person

  33. Ron says:

    It’s very simple, but yet so many still don’t understand the paradigm shift.

    I don’t know how many of you have seen the uncomfortable video of Trump on Letterman, where Letterman called him out for making his suits or whatever in China at the time.

    I also had a friend who I was talking to one day, bring that up and say “If Trump wants things made in America, why doesn’t he make his suits in America?”

    This is where the “Paradigm Shift” comes in.

    The reason Trump made his suits in China (well, it was likely a license deal, but the point is the same) is because it made good business sense to make them in China. Either there weren’t affordable places to make them in America, or even the problem could rightly be there were no places… PERIOD, to make that type of item in America.

    Trump wants to change this. To make this happen, we need a paradigm shift, we need the entire apparatus of American Manufacturing to change. Everything from the regulations, to the material costs, to the tax burden needs to change, so that businessmen can do business HERE instead of overseas, and for it to make it sensible to do so.

    Unfortunately too many people are trying to decide on how to FORCE businessmen to do business here, when Mr. Trump understands that if you make a marketplace that is palatable to these businessmen they will chose to do things we can’t even forsee in order to open business, expand, and create jobs and a vibrant economy.

    I imagine Mr. Trump’s conversation with Carrier was less about threats, and more about providing them with a window into the economic engine he forsees for the next 4 years. If he gets this running for 4 years, only a fool would vote against him and he’ll easily win re-election.

    Liked by 11 people

    • JustSomeInputFromAz says:

      Capitalism takes the path of least resistance, these days Government(s) build the most resistance…..

      Liked by 4 people

    • MVW says:

      Trump merely said who he was sending to renegotiate NAFTA. And he was talking to a friend, anyway.
      China wants good trade deals, they were just making the best of stupidity while they could.

      Thieving long term does not work.

      Liked by 5 people

    • CountryclassVulgarian says:

      I agree. The left is making all this noise about Trump “bullying” Carrier. That is the way THEY operate so they imagine President Elect Trump is doing the same thing. All he has to do is show them how he plans to get the corrupticrats out of the way of business. No bullying or forcing necessary.

      Liked by 4 people

    • Sunflower says:

      Why in the world would Trump need to intimidate any business into staying in the U.S.? All he has to do is tell them that he’s going to kill off regulations, cut corporate taxes, and otherwise create a dynamic environment in which businesses can thrive. Problem solved and no threats are needed!

      Liked by 3 people

  34. MVW says:

    Nice to be talking good jobs and not bathrooms and safe play dough rooms for college kids borrowing $30k a year for to learn how to be restaurant tip earners.

    Liked by 5 people

  35. sundance says:

    Liked by 6 people

    • Trump will succeed spectacularly if he limits the Repatriation of Overseas Profits at Reduced Tax Rates to the amount invested in generating American-Citizen Jobs and building American Factories.

      This will ignite the economy if he raises the Repatriation Tax Rate by 1% per month.

      Liked by 2 people

  36. Ron says:

    Trump is making an example out of Ford and Carrier (because they were such high profile outsourcers) but imagine the long, long line of businesses everywhere that don’t have the president’s ear, but understand that EVERYTHING is about to change financially speaking.

    Just the thought of the corporate tax rate falling from 35 to 15 is enough to do it. Hey everybody, it now costs 20% less to do business.

    Oh, and by the way; those regulations you spend so much money on? Trump has said as an aside he’s going to get rid of 75% of those. Is he exaggerating? I wouldn’t be against him.

    You know how unfair it is, business people, that other businesses in your market can make things in China for a fraction of the price? Yeah? Now you’ve got a president on your side who agrees with you. It’s unfair, and he’s hiring tons of bad-asses to make it a little more fair.

    For once, “fair” will have a truth behind it again. We’re stealing that word back from the Left.

    Liked by 5 people

  37. Trump needs a new Cabinet Position reporting DIRECTLY to the President:


    We need to multiply Inspectors General in numbers to weed out Waste, Fraud and Abuse.

    We need a Deputy Secretary of Inspectors General to organize teams in every Department to ferret out and eliminate each of the above.

    Time to dump Obama’s sycophants and bring back those with the best record of ACTION.

    Liked by 6 people

  38. andi lee says:

    Just a Reminder…

    Paul Nehlen – Speaker of The House – January 2017!

    Liked by 2 people

    • rsanchez1990 says:

      I like the enthusiasm, but there haven’t been a first-term Speaker of the House, ever. Hoping that Nehlen (or any other pro-Trump candidate) successfully challenges Ryan in 2018, but it’s House members who select the Speaker.


      • andi lee says:

        That is correct, Speaker can be challenged. January 2017. I’ve already contacted my Rep and asked Nehlen be considered January 2017, as Nehlen announced he would challenge the Speakership in 2017. I trust that date to be correct.


        • rsanchez1990 says:

          The House will select the Speaker on the first day in session January 2017, but as much of a long shot selecting a first-term representative is, selecting a non-Congressmen is an even bigger long shot, also never been done. A few symbolic votes for Nehlen would send a message, but I’m not holding my breath on House Republicans selecting someone besides Ryan.


    • grlangworth says:

      I don’t know — just what do you think NPR is all about? Seems like a hide-bound precedent of this, doesn’t it…?


  39. Lindenlee says:

    Mr. Mnuchin, it’s not “less deductions”, it’s “fewer deductions”. Please learn to speak proper English if you are going to be in the cabinet.


  40. MrE says:

    Not gonna lie. I didn’t get through the first paragraph before I started freaking out. My dad asked what was going on, and when I told him, his comment was that I was fangirling. TOO MUCH WINNING I CAN’T TAKE IT (just kidding, bring me more and more and more and more!!!)


  41. andi says:

    No matter what I see, read or hear, I have / hold 100% confidence in PE-Trump ability to MAGA!

    ~No Fear Know Jesus


  42. Beenthere says:

    I’m looking forward to these 3 working out deals & tax policies.

    My only concern is that the 1%ers like Soros, Buffet, Gates & others won’t have their wealth/income directly affected; ie, no increase in taxes for them. They all have the bulk of their wealth in non-taxing trusts & they probably live off of the interest which is probably non-taxable. That’s 1 reason why they don’t care if the tax rate increases; it doesn’t affect them ever. (Someone please correct me if I’m wrong!)

    Trump & company needs to also change the tax policy on these trusts for only the 1%ers.


    • cdquarles says:

      Nope. Trump just needs to get the tax system working like that for the rest of us. A simple, fixed rate, known in advance. The trusts exist to legally get around the horribly negative effects that the leveraged ‘graduated’ system generates. Eliminate business taxes, you eliminate the need for trusts to limit liability and eliminate inheritance taxes so you eliminate the need for trusts to limit that liability as well. I’d like to see income taxes eliminated and replaced with fixed rate net consumption taxes. Want to pay less tax? Reduce your net consumption.


  43. andi lee says:

    RSBN just did an impromptu interview with Mr. Mnuchin when he popped over in front of the camera. Fantastic interview! Excellent work RSBN!


  44. shirley49 says:

    My concern over Mnuchin is that he has been affiliated with Soros. Have to assume Trump knows what he is doing.


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