December 3, 2016

I suppose there could be a fair amount of this over the next four years:

When Donald Trump named his Treasury secretary, Teena Colebrook felt her heart sink.

She had voted for the president-elect on the belief that he would knock the moneyed elites from their perch in Washington, D.C. And she knew Trump's pick for Treasury -- Steven Mnuchin -- all too well.

OneWest, a bank formerly owned by a group of investors headed by Mnuchin, had foreclosed on her Los Angeles-area home in the aftermath of the Great Recession, stripping her of the two units she rented as a primary source of income.

"I just wish that I had not voted," said Colebrook, 59. "I have no faith in our government anymore at all. They all promise you the world at the end of a stick and take it away once they get in."

... Over five years, she tried unsuccessfully to adjust her loan with OneWest through the Treasury Department's Home Affordable Modification Program. But she said that One West Bank lost paperwork, provided conflicting statements about ownership of the loan and fees and submitted charges that were unverified and caused her loan balance to balloon....

Colebrook said she is still challenging the foreclosure in court.

I'm sorry it took Colebrook until now to realize that Trump is a con artist. Other voters will eventually discover that.

But just as Trump can't really save or bring back all the manufacturing jobs with a Carrier deal here and a Carrier deal there, he can't personally betray all 62 million of his voters. You'll say, as Paul Krugman does today, that he's likely to betray millions of them all at once when he signs the repeal of Obamacare. But I think Republicans will find a way to replace Obamacare with something, and the inadequacy of the replacement will become obvious only gradually.

In the meantime, Trump will just keep rallying the base against the usual enemies, the way he did last night in Cincinnati. He'll have the occasional policy win, and he'll promise that wall construction is going to get under way in earnest any day now, and that ISIS is going to get hit so hard very, very soon.... Americans will eventually catch on to him, I guess, but it's going to take years.

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