Posted on 12/02/2016 6:08:25 PM PST by Mariner
In President-elect Donald J. Trump’s newly named kitchen cabinet of business advisers, Wall Street is in. Silicon Valley is out.
Mr. Trump has named 16 business leaders to serve on what’s being called the President’s Strategic and Policy Forum, described as a group meant to guide his administration on economic matters.
The list is notable for leaning toward New York executives and industries — finance in particular. The list echoes Mr. Trump’s picks for a number of major economic positions, including Treasury secretary (the former Goldman Sachs partner and hedge fund manager Steven T. Mnuchin) and commerce secretary (the billionaire investor Wilbur L. Ross).
Given his long experience as a New York real estate investor, Mr. Trump’s selections may not come as a surprise.
“Donald comes from the financial services world. I think he tends to pick people who he’s comfortable with,” Stephen A. Schwarzman, the co-founder and chief executive of the Blackstone Group, who is leading the forum effort, told CNBC Friday afternoon.
The forum largely excludes technology, home to some of the nation’s best-known, most innovative and biggest companies by market value, which represented over 8 percent of the private sector economy last year, according to the Bureau of Economic Analysis.
(Excerpt) Read more at nytimes.com ...
“When is the West Coast suppose to fall in the ocean??? “
What about us good Freepers here, are we doomed?
Any reaction from Meg Whitman ? She was very busy fund raising for Hillary.
Study Capital Stock Adjustment Theory and Mercantilism.
I know Google is shaking in their boots because Schmidt was at the WH every week for 8 years. Trump remembers...
“Whitman, chief executive of Hewlett Packard Enterprise, said she sent an email to employees after Election Day in which she reflected on her disappointment with the result, but stressed it’s time to come together and give Trump “the benefit of the doubt.”
Silicon Valley = POOR COMMUNIST QUALITY JUNK!
Silicon Valley is ALL FOREIGNERS. 3 out of 4. Slave Labor.
Owned by import billionaire Chinese Communist Military Generals.
Slaves make junk. Chinese Generals are Losers.
They are just renting the land. It is the Rent Culture.
Sold by U.S. Congressmen.
Free Up the real creators! Invention has been halted since invention of the microwave.
Oh well. Lose your millions to Hillary and you still lost the election.
I have no sympathy for them.
H-1B is a fraud, used fraudulently.
California stands to be the greatest beneficiary of a Trump presidency.
Over 100,000 highly skilled tech workers have lost their jobs to H-1B working for 1/3 or 1/2 the going rate.
Fix the border, H-1B and the outflow of capital...along with energy independence...and we are on the path to restoring our wealth.
Thank God!
Looks like his top circle will be Snowflake free.
Well they picked a side and now they receive the consequences. :D
Yep!
Oh yeah! As they should be. An they were doing more for themselves behind the scenes than any of us know. You do show up that often for just a search engine. There is a lot more story there that we either will or will not find out. But Trump knows and will know even more as he takes fully over.
UC Berkeley is still producing first rate double E Majors.
They’re snapped up while juniors.
How many are at least 2nd generation Americans?
If they stay here and want to become citizens, then it doesn’t really matter. But that’s not usually the case with foreign students.
Gelsinger is also a Bible believing Evangelical Christian ...
Silicon Valley companies like Twitter, Facebook are built on lies, phony stock price from lying about number of users.
You cannot trust them. See Google.
I guess your not old enough to remember the ‘hippy prophecy’ of California falling in the Ocean and Nevada become ‘beach front property’....if you are old enough to remember it, do you understand ‘play on words’???
But some in Calif. are ‘snowflakes’ so we do understand around the rest of our country, it would be a slam to them...which it isn't and was never meant to be...but then again, I grew up where your worked on a farm, went to school, got a job and moved out of mommy's basement (which we didn't have and the dirt cellar was for potatoes) and supported yourself on your own...my how things have changed ...
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