‘Bernard Hickey says the quiet removal of the guarantee for Kiwibank savers should remind all savers about the lack of a deposit guarantee and prompt regulators and the industry to run a public education campaign about NZ”s lack of a deposit guarantee’

http://www.interest.co.nz/opinion/80951/bernard-hickey-says-quiet-removal-guarantee-kiwibank-savers-should-remind-all-savers

‘How safe are your deposits if a bank fails?’

http://www.stuff.co.nz/business/opinion-analysis/78727017/How-safe-are-your-deposits-if-a-bank-fails

‘Why Goldman Sachs staff can donate to Hillary Clinton but not Donald Trump’

http://www.marketwatch.com/story/goldman-sachs-bans-top-staff-from-donating-to-trump-reports-2016-09-07-91031857

http://fortune.com/2016/09/06/goldman-elite-trump-pence/

Considering that Trump has appointed several Goldman Sachs operatives to his Cabinet, I think it’s obvious that Wall Street has a friend in the White House.

President Donald Trump plans on adding another Goldman Sachs veteran to his administration, saying Tuesday that he will nominate James Donavan, the acting managing director of Goldman, as his deputy treasury secretary.

Donavan would become the third major Goldman veteran to join the administration straight out of Wall Street. Former Goldman Chief Operating Officer Gary Cohn, who is now the director of the White House National Economic Council, and Dina Powell, who is now the White House’s senior counselor for economic initiatives, were on Goldman payroll when they accepted rolls in the Trump White House. Other Goldman alums include Treasury Secretary Steven Mnuchin and White House chief strategist Stephen Bannon.

ref: http://www.salon.com/2017/03/16/the-wall-street-white-house-trump-hires-fifth-goldman-sachs-staffer-to-the-administration/

Margaret, Trump needs no “discrediting” to undo his Presidency. Everything he does he has done to himself.

If he cannot take responsibility for his own utterances, then who will?

The inability of the Right to take responsibility – when they demand it from the rest of us – is mindblowing hypocrisy.

The ordinary people will be skinned. In the end even Obama rescued the banks and left the poor to eat cake. As for Kiwibank, both National and Labour have the track record to sell the family silver.

re “Labour and National will see the banks right”…possibly but will the ordinary people be skinned

…there are some that would like to see KiwiBank privatised….will Goldman Sachs be waiting in the wings?

https://www.nbr.co.nz/article/treasury-hires-goldman-sachs-run-ruler-over-kiwibank-bd-136461

+100 MARGARET SWIFT

Trump is promising change, but he’ll never deliver it.

He’s just not interested in anything but his own glorification. No plan, no ideas, no follow through.

Trump supporters must be the most gullible people on the planet.

The banks are stretched as borrowers are becoming over-leveraged to a violin pitch with junk bonds and overpriced properties that the whole system will implode sooner than later coupled with the negative rate system they now have become addicted to again as we reach the second EMRON type explosion and this time no Quantitative Easing will save us all next time.