A Quote by Steve Bannon
I'm a very practical, pragmatic capitalist. I was trained at Goldman Sachs. I went to Harvard Business School. I was as hard-nosed a capitalist as you get. I specialized in media, in investing in media companies, and it's a very, very tough environment.
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Goldman Sachs isn't the firm it once was when I worked for it, but it's still one of the building blocks of our capitalist society.
I work very closely with Steve Bannon. Frankly, people should look at the full resume. He`s got a Harvard Business degree, a naval officer. He has success in entertainment. I don`t know if you`re aware of that. And he certainly was a Goldman Sachs manager and partner. Brilliant tactician.
I'm not a Communist. I'm an American. I'm a capitalist. I mean, I'm not a very good capitalist, myself. I'm not very good at it, but it's not that I'm not for capitalism. But people who believe in things like corporate citizenship, it's idiotic. I mean, it shows you're an idiot.
I have learned one thing, because I get treated very unfairly, that's what I call it, the fake media. And the fake media is not all of the media. You know some tried to say that the fake media was all the media, no. Sometimes they're fake, but the fake media is only some of the media. It bears no relationship to the truth.
In the developed countries of the capitalist world, the mass media are beginning to become businesses, and huge businesses at that. The freedom of journalists is now becoming, in most cases, a very relative thing: it ends where the interests of the business begin... In socialist areas, it is enough to recall that the means of social communication are the monopoly of the party.
In a hyper-capitalist environment dominated by media giants, the means available to independent journalism have narrowed considerably.
Because I wrote a book about Goldman Sachs. And I know that, from talking to people at Goldman Sachs, that Trump is the poster child for the kind of client they don't want to do business with, mainly because he would borrow all this money from Wall Street to build his casinos, and then didn't pay it back.
Goldman Sachs was fundamentally responsible for the crash of 2008, but by that time its former Chairman and Chief Executive Officer, Henry 'Hank' Paulson, had been installed as US Treasury Secretary to begin the bank bail out policy, with enormous benefit to Goldman Sachs, in the closing weeks of the Bush administration. Goldman Sachs was also instrumental in the collapse of the economy in Greece that started the 'euro panic' that later engulfed Ireland.
Goldman Sachs was one of those companies whose illegal activity helped destroy our economy and ruin the lives of millions of Americans. But this is what a rigged economy and a corrupt campaign finance system and a broken criminal justice is about. These guys are so powerful that not one of the executives on Wall Street has been charged with anything after paying, in this case of Goldman Sachs, a $5 billion fine.
I've nothing against Goldman Sachs. But Goldman Sachs isn't an investment bank. Goldman Sachs is a hedge fund. It's bigger than any hedge fund. It's more leveraged, to the power of three or five, than any hedge fund.
Capitalism is very far from a perfect system, but so far we have yet to find anything that clearly does a better job of meeting human needs than a regulated capitalist economy coupled with a welfare and health care system that meets the basic needs of those who do not thrive in the capitalist economy. If we ever do find a better system, I'll be happy to call myself an anti-capitalist.
Al Qaeda is very media-savvy and very focused on what goes on in the global media.
The major media companies are playing a defensive game, and I'm not sure I blame them. If you look at the digital revolution, you look at who the winners and the losers are, there are some very very big losers - music, the newspaper industry. And there are some really big winners, social media, Facebook.
The state must protect the media. In a democracy, the role of media is very important. In the absence of a credible opposition party, you can rely on the media.
It was a very, very strange experience to go through on social media. Before that, my social media life had been very tame. I had only just dipped my toes in the world of Twitter and was throwing out a tweet, here and there, of very boring and normal stuff. All of a sudden, Pornstache just turned my world upside down.
Because of my politics, I don't necessarily think that the independent capitalist is that much better than the multinational capitalist; it's just that the independent capitalist hasn't grown as big yet.
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