Will Parrish, ANDERSON VALLEY ADVERTISER
As the Director of Merchant Banking at America’s most politically well-connected investment firm, Goldman Sachs, Henry L. Cornell is accustomed to reaping the benefits of political oligarchy. (Webster definition: “a government in which a small group exercises control, especially for corrupt and selfish purposes.”) His company exerts a profound influence in the corridors of both national and global power, not only by shaping legislation to the benefit of the interlocking financial, real estate, and investment industries, but by helping set the rules under which policy battles are waged in the first place. The multi-trillion dollar 2008 bailout of the banking industry, authored by then-Treasury Secretary and former Goldman CEO Henry Paulson, is only the most famous example.
As with the US in general, the County of Sonoma is controlled by a disproportionately small group of people. On the whole, their purposes are selfish and corrupt. Whereas the political oligarchy that calls the shots nationally consists mainly of representatives of the financial, real estate, hydrocarbon, military-industrial, and agribusiness sectors, the oligarchs who set the overall agenda at 575 Administration Drive, Santa Rosa, are primarily representatives of a single business: wine.