Surprise!? CEO of JP Morgan says “Trump was kinda right” and his supporters deserve respect

By Jo Nova

Did Wall Street just step away from the poisonous left?

The head of the largest bank in the US said the unthinkable in Davos this week. Jamie Dimon, CEO of J.P. Morgan, and perhaps the most important banker in New York and thus the US, warned the Democrats that they were making a mistake demonizing Trump supporters. He even admitted Trump got some things “kind of” right, suggested rather radically that it was time people grew up “I mean, really?” he said “Can we stop that stuff” and  “treat other people with respect and listen to them a little bit?”

Normally, JP Morgan can be counted to be on the same side as the big banker WEF cabal, or to some extent, driving it. Dimon has spent the last three months talking up Nikki Haley. So he is going right off the ranch here.

“I wish the Democrats would think a little more carefully when they talk about MAGA,” Dimon told CNBC on Wednesday from the World Economic Forum in Davos.

“I don’t think they are voting for Trump because of his family values,” Dimon said. “Just take a step back and be honest: He was kind of right about NATO. He was kind of right about immigration. He grew the economy quite well. Tax reform worked.”

Jamie Dimon seems be aware not only that Trump might win, but that the Democrats are fueling his campaign by maligning his supporters, in much the same way Hillary did when she called half the nation “Deplorables”. Obviously, if Trump wins, Dimon doesn’t want The President as an enemy. But it’s more than that — even though he’s speaking as if he’s a Democrat fan giving them advice — really he is backing slowly away from a trainwreck.

Earlier in the same interview he was passionate about the disaster that is uncontrolled immigration. He said “if you do not control the borders you are going to destroy the country”. Those are fighting words, not the tip-toeing “kinda right” verbiage, and it’s an implicit endorsement of the Trump trademark Build the Wall policy of 2016.

It’s as if he might have realized they created a monster. Destroying the country is a dynamite phrase. Even though both sides of the political spectrum will be listening to his every word, this is not kindly advice to the Democrats.  Even if Democrats promised to “build a wall,” it’s too late now. Who would believe they’d do it come inauguration day? It’s way past that.

Quite possibly there’s another event cracking the socialist facade across the West, and that’s the unspoken dark hellfire of October 7th in Israel. That lifted the veil on the crazy pro-terrorist part of the Democrats — the apologists for baby beheading. Jamie Dimon didn’t mention that, but there are plenty of Jewish folk on Wall Street, and plenty of their non-Jewish colleagues have been mortified by the glee, the jubilation of barbarism inflicted on democratic voters that was expressed by large parts of today’s Democratic Party. The activist left are calling Donald Trump an existential threat to democracy, but then cheering on invaders who rape and murder women and send their mom a video of their “great success”. And who are those people coming uninvited and unvetted over the border of the USA?

Maybe we’ve reached a point where some of those pumping for Big-Gov have glimpsed the heart of darkness inside the Trojan Socialist Horse?

If the bankers of Wall Street are stepping away from the Democrats, even cheating may not save the left in this election. (Though jail or assassination are still in the toolkit).

If the person saying this was just a wayward billionaire, the talking heads on CNN and CNBC would be outraged. But Jamie Dimon controls a company with $4 trillion dollars in assets. He eats small banks for breakfast. After 200+ years on Wall Street, JP Morgan Chase is embedded at the core of the largest financial centre of the largest economy on Earth.

Notice how the CNN team quickly adopted his stance (albeit through gritted teeth for some). Then they steered the conversation back to their favorite hunting grounds of “personality” and character politics — and away from dangerous talk of actual policies and things that might affect millions of Americans.

Below in a longer part of the interview, Dimon stays “on the WEF ranch” until about 3:10 when he talks about immigration:

“We have to control the borders, … if you do not control the borders you are going to destroy the country.”

 

When the CEO of a $500 billion dollar company speaks, everyone listens.

In other pieces of this puzzle, Dimon describes himself as “barely a Democrat” though he donates “serious cash” to the Democrats. He once said ‘My heart is Democratic but my brain is kind of Republican’.  Six months ago Dimon  hinted that he might consider serving his country (as President) himself.

And once, a long long time time ago, he was asked if he was interested in being the Treasury Secretary by the 45th President himself. He said he wasn’t interested at the time. Perhaps that’s changed?

hat tip to DD. It is extraordinary indeed.

 

 

9.8 out of 10 based on 93 ratings

53 comments to Surprise!? CEO of JP Morgan says “Trump was kinda right” and his supporters deserve respect

  • #
    Murray Shaw

    Not just Jamie Dimon, but what about Michael Moore spruiking Trump. The wheels are really falling off the Dems.

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    • #
      Steve4192

      Moore hates Trump, but he is sympathetic towards Trump voters. He’s spent most of his career documenting blue-collar issues, so he’s pretty plugged in to what high-school educated working class people think, and knows that they aren’t Nazis or racists or domestic terrorists.

      He said very similar things prior to the 2016 election and got laughed at by all his lefty friends when he said Trump would win.

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  • #
    David Maddison

    Never trust a Leftist, current or former unless they truly redeem themselves.

    He is helping the Left get elected by telling Leftist drones to back off Trump a bit.

    Otherwise the backlash against hard Left extremism will favour Trump.

    If the election fraud is enough to get the Left “elected” again, they’ll be back to their old ways.

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    • #

      So I mulled that myself for 24 hours, but as I posted, at its core, this is like Kryptonite for the Dems. Putting good manners, respect for MAGA and immigration on the agenda is dynamite for a party that is the antithesis of all three. As long as people are talking about immigration and if they actually “listen to the Trump supporters” for even a few minutes, this neutralizes the wall of censorship and division the Dems have spent years creating.

      The best that could be said is that this might push back some of the more toxic voices in the Dems, perhaps allowing more mainstream candidates to rise to the top of that swamp.

      I’m sure Dimon is still looking after himself, but he’s not stupid. Doesn’t there come a point where even a psychopath who’s read history might see the Gulags on the horizon and want to live in a slightly higher grade swamp? I don’t know if he is a psychopath, I’m just pointing out that if he feels things like immigration destroying the country he and his children live in, it could be in his interest to abandon the Dems.

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      • #
        Robert Swan

        Joanne,

        I mulled that myself for 24 hours

        We reject the popular [McIntyre|Plimer|etc.] is up to his neck in big oil money argument as ad hom. Shouldn’t have taken a whole day to reject the Dimon is a lefty-snake merchant banker argument.

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        • #
          Ted1.

          Timing? Coinciding with the opening of the presidential election campaign this announcement cannot now be separated from that campaign. Somebody will be pushing it.

          Place? Jamie Dimon has gone a long way from Wall Street to say this. How much of Wall Street does he bring with him?

          “Trump was kinda right” says Jamie Dimon in 2024. Why did he wait till now to say it? We knew that 8 years ago in 2016. Didn’t he?

          Whatever his reasons for not knowing it in 2016 he seems to be on the right track now.

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    • #
      Graham Richards

      Let’s not become all optimistic & excited. We all know the leftists entrenched in the WEF will move to the right only if it will enhance their position further down the slippery slope they engineering!

      When the serpent Schwab makes a similar statement, don’t rejoice. We know from normal politics that one only relaxes when action replaces the voices & there is living proof of the changes.

      Until then nothing must change. Never trust either the WEF, EU or the UN. None of their members are democratically elected & any agreements made by them are not binding on any nation!

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    • #
      Steve4192

      Dimon is not, nor ever has been, a leftist. He’s always been a classical liberal banker. The Democrats have been the party of classical liberal bankers/investors ever since Clinton’s triangulation strategy back in the 90s. But with socialist progressives rapidly taking over the Democrat agenda, the party is no longer the happy place for capitalist bankers that it had been during the Clinton/Obama years.

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      • #
        Graham Richards

        Dimon knows Trump will soon be back in the WH & he’s messing his pants about what Trump will be doing to him & his henchmen!

        Maybe if he’s nice to Trump now he’ll be a little more forgiving of Dimon’s treacherous cooperation with the WEF , EU & UN.

        Dimon is more than likely a very untrustworthy individual!

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        • #
          Steve4192

          I don’t think Dimon is the least bit worried about Trump coming after him. As a NYC banker, I suspect he has done a lot of business with a certain NYC orange-hued real estate mogul and his family. If Trump NYC trial has proven anything, it’s that his bankers consider him a valuable and reliable customer. And Trump certainly values anyone who is willing to lend him money.

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        • #
          Bones

          He may also be trying to avoid a little fallout from lolita express plane trips if those in charge are voted OUT.

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  • #
    Grogery

    The USA is deeply fascist already.

    This “elite” is just having an each way bet that Trumpy might win, and if he does win, this elite clown wants to make sure he didn’t burn all his bridges.

    I think Trump sees right through all this BS.

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  • #
    Honk R Smith

    Wow!
    Perceptive.
    Maybe next week he’ll realize that it’s not safe and effective.
    Might even be able to define ‘woman’.
    He might even notice that beachfront real estate doesn’t go down in price and children see snow.

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    • #

      He probably already knows, and always knew. It’s just that the landscape has changed under him and now, like us, perhaps he sees some of the downsides of the radical activists and what they are doing to his country.

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      • #
        Jojo(the one and only)🐕Dogfacedboy💩

        It’s the deception from mainstream media that has used a vast array of psychological manipulation to make President Trump and his MAGA a terrorist organization when in fact it’s for families and not the individual that Democrats are promoting.

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      • #
        Honk R Smith

        I suppose success, financial, and a lot of other things, is being able to ride the cusp of courtly fashion.
        Explains, my lack of it.

        BTW, here in my map co-ordinates of the Mid-Atlantic US, it is serious icy cold without a break.
        As nasty as I remember in my 40 years of living here.
        And yet have be told by arrogant ivy league genderless ‘persons’ that it’s the hottest year in MILLIONS of years.
        MILLIONS!
        And that I might be a threat to their ‘Democracy’ if I consider that the Orange Man has some salient points.
        So my skivvies are in a twist.
        More than usual for being stuck in the cabin.

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  • #

    A Man for all Reasons… (

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  • #
    Jim from Maine

    It’s very interesting living in the US at this point. I have many friends, very few of them are conservatives.
    One thing that the liberals have done an excellent job at is creating the illusion that as a block, they saved the country in an overwhelming turnout to defeat Trump.

    I mention a few things just to see the reactions:
    1)Total vote count was roughly 79m to 81m, not all that resounding actually, as it shows that just under half of the electorate disagreed with you. You did not win the election by an overwhelming majority.

    2) If Fauci had not requested an additional 2wks of vaccine testing, for some “unknown” reason, availability of the vaccines would have happened before the election, and Trump’s Operation Warp Speed would have been deemed a success. The liberals and the media (same thing, really) had poo-pooed the effort as ridiculous, with many, including Harris, stating they didn’ think they’d take a shot developed by the previous administration.

    3) Hunter’s laptop story. If that had been shown to be authentic, Biden would have lost. Polls have shown there would have been a significant swing in independent votes away from Biden to Trump.

    Note that none of this hinges on stolen votes/ballots. They are just two data points that had a significant impact on the outcome of the election.

    When these things are mentioned in a group, it’s clear my welcome has been worn out and it’s time to exit, stage left, which is odd in some sense. I’d expect at least a few “Oh shit…he’s right”…but no.

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    • #
      Steve Keppel-Jones

      No one’s going to admit that you’re right, in public, in front of all their liberal friends. They would be ostracized, just like you are, and they know it, and very few people can stand that. The ones who can are already conservatives 🙂

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  • #
    Dreher

    It was all fun and games while the money was rolling in. He is chiding people who emulate Lenin and fully embrace his ideals. The damage being done economically and socially are the desired outcome. It’s not about not listening, they are getting exactly what they want. He thought he was sitting at the cool kids table. He still doesn’t seem to understand he’s been sitting with the Manson family.

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  • #
    Steve

    IMO. It’s been obvious for a while now that Trump is going to win, barring (il)legal shenanigins. The people want change, any change, and no-one else is offering that.
    What we are seeing is the establishment realigning themselves for the upcoming new reality. Expect more to jump ship as the election gets nearer. However, the sad fact is that when the establishment have all realigned themselves and booked a place on the crazy train, then it will be exactly the same people in the background pulling the strings. Maybe there will be superficial changes but the fact is nothing much will change for the man in the street.
    Trump is different in that he is inward looking and is primarily concerned with the prosperity of the USA whereas the rest of the f*ckwits are outwards looking concerned only with the global stage and their profits and not with the USA itself.
    For the rest of the world that means more protectionism and more funding of the hegemon. Australia and the UK, and others, will get a larger bill from Trump and will have larger responsibilities to meet to ensure America is made great again. On the positive side, Trump never started any wars last time so maybe some of the current military based insanity will stop and diplomacy could resume with Russia, China, North Korea, …, who knows. The Democrats gave birth to BRICS and that baby is growing.
    Trump is coming and the turncoats are panicing and doing what they do best.

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    • #
      ozfred

      US people with TDS still exist and the anyone except Donald vote is not trival
      The US Supreme Court decision on agency regulatory over-reach may have side effects.

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    • #
      Steve of Cornubia

      I think it is very unlikely that Trump will be allowed to win; he may not even be allowed to run. But if somehow he does run, and does win, it will be interesting to see how the Democrats handle the inevitable backlash that they themselves created. I expect an extreme reaction that will involve property damage and violence, possibly to include government buildings. So, having spent more than two years demonising those who protested at the Capitol Building and accusing those present as trying to ‘deny democracy’, what will they say about the thousands of deranged Democrats who will take to the streets?

      Of course they will use weasel words and say the new protests are somehow OK – even if footage actually shows violence they will tell us to disbelieve our lying eyes and they will be described as ‘mostly peaceful’ protests.

      150

  • #
    Dave of Gold Coast, Qld.

    Have to say it would be dangerous to trust this person. There’s an old saying that goes like this”they have a method in their madness’. If anyone is aware of what big companies get up to no wonder we are somewhat cynical. An example here and now is Woolworths and the issue of Australia Day. Perhaps the problem lies in the boardroom with Vanguard, Black Rock and JP Morgan Investment Inc amongst Woolies major investors.

    200

  • #
    CO2 Lover

    The presidential election in Russia will be held on 15–17 March 2024.

    The 2024 US presidential election will take place on 5 November 2024

    Prehaps we should be taking more notice of the election in Russia.

    Independent polling suggests that support for Putin remains strong, with approval ratings of above 80 percent.

    His supporters say that Putin has restored order, and some of the clout that Russia lost during the chaos of the Soviet collapse in the 1990s.

    Putin was handed the presidency by Boris Yeltsin on the last day of 1999, and has already served as president for longer than any other ruler of Russia since Stalin, beating even Leonid Brezhnev’s 18-year tenure.

    Putin is the current leader of the free world and the non-woke world.

    Russia does not recognize same-sex marriage or civil unions for same-sex couples. Since 2020, the Russian Constitution has explicitly outlawed same-sex.

    Here is Putin’s website

    https://putin2024.ru/

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  • #
    Denny

    I’m always surprised and a bit envious about how much Australians know about American politics. We clunkheads could not reciprocate. Some of our citizens probably couldn’t even find Australia on a map, much less be conversant about your politics.

    Kudos to all of you for being more knowledgeable than us about the world. It must be a superior education system.

    Dimon is a class act. My wife worked at a bank taken over by JPM and Dimon addressed an employee conference we attended about 20 years ago. My only memory is his use of salty language. But, he is a top notch CEO, and was a force of stability during our banking crisis 2008-2009.

    200

    • #
      Vicki

      Kudos to all of you for being more knowledgeable than us about the world. It must be a superior education system

      Sad to say that is is NOT due to a “superior education” system. In fact, Australia has dropped many places in world education system rankings. I suspect that the prescient observations you see on Jo’s site here are probably reflective of the average age of the contributors! Perhaps also reflective of the critical thinking ability of the contributors & that good old Aussie faculty of “b—s–t” detectors aka ability to detect incongruities!

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      • #
        another ian

        Vicki

        I think you’ll find from the “average age of contributors” that they are from back when we did have an education system

        200

  • #
    Neville

    I think he’s just getting in first after sniffing the wind. No doubt this year will be very interesting and if Hunter’s laptop really does start to bite and Kennedy’s new party takes 5% or more I think clueless Joe will be toast. And good riddance.
    But who knows, I mean who can understand the voter’s apparent lack of concern about their southern border?
    Only loonies wouldn’t be worried about the millions entering the US without proper security checks and the Harris dummy still doesn’t seem to understand the seriousness of their situation.

    141

    • #
      DOC

      I was wondering the same Neville. As a self described weakish Democrat, why didn’t he come out anytime in the last 2 years when the writing was on the wall of where the USA was headed under Biden? Right or wrong, to come out now seems to be simply reading the political tide and moving with it. His words are so on the ball and explicitly accurate that he must have come to this conclusion many months ago. For all his reputation as being astute, has he been forced out to protect his business’ interest, believing Trump as President for the next 4 years. His next learned treatise might reveal the devastation coming if the nation chases the Global Warming facade much longer; the movement away from that would surely be one of Trump’s first actions.

      50

  • #
    Dave in the States

    Which way the wind blows today, that’s the direction he sails.

    110

  • #
    Steve

    DeSantis is out. Trump has no opposition now apart from Haley. Here we go …

    90

    • #
      CO2 Lover

      Expect another plandemic that requires mail-in votes and more voting machines to be mandated that can be rigged simply by using a pen.

      The fix is already in.

      But this is just another conspiracy theory that relies on Misinformation and Disinformation.

      Expect fairer elections in Russia in March.

      110

  • #
    Alistair Crooks

    Id be cautious. My feeling is that “they” will allow a Trump victory in the 2024 elections … and then unleash the dogs of war. Antifa, Black Lives Matter, and Extinction Revolution. Then they will allow the long-overdue crash of the financial system so that Trump will forever be blamed for the subsequent transfer of wealth from the Middle Class to the the oligarchs. The idea of trusting anything JP Moprgan says makes my spine tingle.

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    • #
      CO2 Lover

      In the third quarter of 2023, 66.6 percent of the total wealth in the United States was owned by the top 10 percent of earners. In comparison, the lowest 50 percent of earners only owned 2.6 percent of the total wealth.

      So you are right – the Middle Class are the only ones left to squeeze.

      50

    • #
      Steve

      It will be an interesting exercise to see if Trump has learned anything from his first term as president. He now knows what ‘they’ can, and will, do. The question is does he now have a viable strategy for handling ‘them’.

      10

  • #
    CO2 Lover

    A Brutal Heatwave?

    According to the Daily Mail

    Australia braces for a brutal nationwide heatwave
    Brisbane is set to hit 37 degrees on Monday, Melbourne will suffer 33 degree temperatures on Wednesday and Sydney is forecast to hit 35 degrees on Thursday.

    All I can say is “Bring it on”. I put the heater on this morning in Victoria in the middle of Summer!

    “Suffering 33 degrees” in Melbourne?

    Hottest temperature recorded in Melbourne: 46.4 °C (115.5 °F), 7 February 2009

    Anything above 40 degrees is something to “Suffer” – 33 degrees: a perfect summer day (provided no strong winds)

    100

    • #
      PeterPetrum

      It was warm in the Blue Mountains yesterday on the first day of the “brutal heat wave” at 30°C. At 2pm to day it is 21° C. Some heat wave.

      70

  • #
    DOC

    ‘“I don’t think they are voting for Trump because of his family values,” Dimon said. “Just take a step back and be honest: He was kind of right about NATO. He was kind of right about immigration. He grew the economy quite well. Tax reform worked.”

    That’s exactly what has been said to commentators like Greg Sheridan who has absolutely no time for Trump. He almost needs a peg on his nose to even mention Trump. It’s impossible to get people like Sheridan off the pomposity couch and look at the effectiveness of Trump’s Presidency for all classes of Americans, but particularly the poorest. Trump’s direct speech is considered rude; nobody can argue it wasn’t extremely effective in holding the trigger fingers around the world.

    The question then becomes for people: ‘Do you want prosperity and fairness for all again OR do you want poverty, censorship, loss of free speech, US impotence on the world stage, injustice and hamstrung policing.’ Do you want to return to traditional evidence related science? What the Democrats really want is preservation of all leftist successes of the last 50years via the Institutions, including holding power and preservation of their impoverishing Global Warming laws. It’s all about control!

    100

    • #
      John Lowry

      Agreed, I used to have respect for Sheridan, however he seems to be a part of the MIC these days. He appears to ever present in the race to go to war over Taiwan and send our children to fight for American hegemony [ie MIC profits]. I do not trust him anymore.

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      • #
        CO2 Lover

        I never had any respect for Greg Sheridan – I wish him the same fate as Mike Dickson, a “respected writer for the Daily Mail”.

        20

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  • #
    CO2 Lover

    Does anyone mourn the loss of a Main Stream Media journalist? Especially one who promoted the Pfizer Death Jab and vilified those who had the sense to refuse an experimental phoney “vaccine”?

    Now convince me that there is no such thing as Karma!

    https://www.thegatewaypundit.com/2024/01/journalist-who-tries-cancel-novak-djokovic-being-unvaccinated/

    10

  • #
    Jim from Maine

    My predictions:

    1) Trump won’t be allowed to win, if he’s even allowed to win.

    2) Michelle Obama will be the next “elected” President of the US.

    3) A significant amount of chaos will ensue, the likes of which have not been seen in this country for a generation or more.

    20

  • #
    Fuel Filter

    Soros’ son posted this just a bit ago…

    https://theconservativetreehouse.com/blog/2024/01/21/not-cool-alex-soros-tweets-bullet-hole-47/

    Not too subtle. And this is only one thing we’re up against.

    But Trump will win, regardless.😎😎😎

    20

    • #
      Dave in the States

      Which is why they are pining for Nikki to be VP. However DeSantis just made himself the front runner for VP. That’s throws a wrench into the works.

      10

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  • #
    Fuel Filter

    On Bill Gates and his shenanigans. A bit off-topic, I’ll admit…

    https://childrenshealthdefense.org/defender/bill-gates-hide-purchase-nebraska-farmland/

    10

  • #

    “And his supporters deserve respect”,
    From a Dem., one would never expect,
    “Trump was kinda right”,
    Sounds grudgingly contrite,
    And Trumpism politically correct.

    20

  • #

    […] The following post focusing on CEO of JP Morgan speaking on Trump is syndicated from jonova.com.au. […]

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