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Secretary of Commerce, Wilbur Ross's Russia connection

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  • Liberal Democrat
    Democrat
    Colorado Springs, CO
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    Shakesville, Donald Trump, Wilber Ross and the Russians

    Rachel Maddow had an extended segment on her evening show covering Wilbur Ross's Russian connections. I was looking for a summary or transcript of it, but the best I can do is this summary compliments of Shakesville. The lead to their article:

    "Last night, billionaire Wilbur Ross was confirmed as Secretary of Commerce. Only 27 Senators voted against him, despite the fact that, as Senator Elizabeth Warren noted: "Mr. Ross has extensive ties to Russia. He plans to keep making money from his major oil shipping companies while working as Commerce Secretary. He's made billions off the backs of struggling homeowners. He is practically a cartoon stereotype of a Wall Street fat cat.""

    It is the extensive ties to Russia that Rachel Maddow discussed in her program. It is rather complicated, so you'll just have to read the Shakesville summary or watch the MSNBC tape.

    MSNBC, New Commerce Secretary at nexus of lucrative Trump Russian deal

    I am surprised that much of this wasn't made public before Ross was confirmed. And I'm also surprised that only 27 Senators voted against him. Watch the Maddow tape if you have 20 minutes to spare.

  • Liberal Democrat
    Democrat
    Tucson, AZ
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    This morning's papers contained another masterful Doonesbury cartoon:

    https://www.gocomics.com/doonesbury/2018/09/23

    Mr. Trudeau chronicled all of the people who have left the trump administration, but he also made reference to another member who could be in jeopardy - Wilbur Ross.

    I had forgotten about Ross' Russian connection (which Schmidt covered more than 6 months ago.) Links to Russia were disclosed in the Paradise Papers, but were not disclosed by Ross during his confirmation hearings.. In view of he number of people in Trump's orbit with Russian connections, it's possible than the Mueller investigation might snare him too.

    If you review Wilbur's biography, you'll notice that he is very similar to Trump in a lot of ways:

    http://www.nydailynews.com/news/politics/ny-pol-wilbur-ross-stole-millions-20180807-story.html

    1. he has swindled a lot of people out of a lot of money

    2. He falsified his financial information so that he could be on the Forbes list elite list of billionaires

    3 . A formal colleague said that he is a pathological liar

    4 . He is a cheapskate who is obsessed with money

    5. A Commerce secretary spokesman said that reports critical of Ross were "based on “false rumors, innuendo, and unverifiable claims.”, therefore "fake news"

    6. He has been called "the king of bankruptcy" due to the fact that he bought many distressed properties, and later sold hem for substantial profit. In the 1980's, Donald Trump was in financial trouble. His three casinos in Atlantic City were under foreclosure threat from lenders. Ross, who was then the senior managing director of Rothschild Inc., represented investors in the casino. Along with Carl Icahn, Ross convinced bondholders to strike a deal with Trump that allowed Trump to keep control of the casinos.

    Looks like loyalty has paid off very well for Ross.

  • Strongly Liberal Democrat
    Democrat
    Pensacola, FL
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    Affluency changes people.