Oh the irony. Trump supporters got so played
www.thenation.com/...
I After campaigning as a champion of coal miners, Donald Trump is reportedlyclose to choosing for commerce secretary a New York billionaire who owned a West Virginia mine where a dozen miners were killed in 2006. Trump’s favored candidate, Wilbur Ross, also engineered buyouts that costworkers their benefits and their jobs. It’s a striking choice,
Ross made his money collecting “distressed assets”—failing steel and textile mills in the Midwest and South, and coal mines in Appalachia. Dubbed the “the King of Bankruptcy,” Ross cutjobs, wages, pensions, and health benefits at the companies he acquired, and reaped the profits. In the early 2000s, Ross’s foray into the steel industry netted him a $267 million personal windfall, but stripped health-care benefitsfrom more than 150,000 retired steelworkers. Then he moved on to the coal industry, at one point controlling as much as $1.2 billion in coal assets through his company, the International Coal Group.