• "Money follows power, it doesn't fight it "

    From JAB@21:1/5 to All on Sun Jan 28 22:18:10 2024
    "The FT had only nice things to say about Mussolini in 1933:
    "Fascism's gift of order and progress"...The 1930s should have buried
    the idea that business is a bulwark against autocracy. Today's US
    offers a reminder." Me on Wall Street's Trumpian bargain. https://twitter.com/EdwardGLuce/status/1750129824021061939 =======================

    Wall Street's bargain with Trump

    Many corporate leaders are misguided in playing down the risks of a
    second term for the Republican former president


    The Financial Times had only nice things to say about Benito
    Mussolini in a June 1933 supplement entitled "The Renaissance of
    Italy: Fascism's gift of order and progress". Trains were running on
    time, investment was humming and friction between capital and labour
    was a thing of the past. "The country has been remodelled, rather than
    remade, under the vigorous architecture of its illustrious prime
    minister, Signor Mussolini," wrote the FT's special correspondent.?

    The 1930s ought to have buried the idea that business is a
    bulwark against autocracy. Today's America offers a reminder. After
    Donald Trump's attempted putsch on January 6 2021, US business leaders
    lined up to condemn the storming of Capitol Hill. Jamie Dimon, the
    chief executive of JPMorgan, issued a statement calling for a peaceful transition of power. "This is not who we are as a people or a
    country," he said. In Davos last week, Dimon had changed his tune.
    Trump did many good things when he was in office, Dimon said. Business
    was ready for either Joe Biden or Trump: "My company will survive and
    thrive in both."?

    https://www.ft.com/content/8fbf3a47-f622-46cc-ac06-17732cecc313

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