Joined: 06 Jul 2003
Posts: 8380
Location: Central CA
| Posted: Mon May 25, 2009 9:20 pm Post subject: Goldman sachs... The KBR Of Finance | |||||||||||
Those of us who have or have had anything to do with Sears know all about the messes a Goldman Sachs alumni is willing to make of a company in order to line his own pockets. Jim Hightower has a piece this morning that shows it goes way beyond gutting individual companies for personal gain... these guys don't even blink at gutting an entire national economy for exactly the same reason.
I remember not long ago, I think it was DR or Allhands... maybe both... who pointed out the fact that there seemed to be a Goldman-Sachs graduate or two involved in just about everything that was wrong with our economic policies so while Mr. Hightower is to be commended for perhaps bring it to a wider audience, he is a bit behind the curve. 
Hhe then brings up Mr. Henry Paulson... Mr. Bush's pick... and the CEO of Goldman-Sachs... who was right there in time able to capitalize on the groundwork or Mr. Rubin and Mr. Summers on behalf of his company... OK, his old company... but no way will I ever buy into the notion that he didn't profit... and quite handsomely I might add... from the almost 50 billion bucks Goldman Sachs received under the plan crafted by their old boss. And as Jim points out, his bailout program is continuing virtually unaltered under Obama, with the program being headed up by the aforementioned Larry Summers.
Wow... That's sure as hell change you can believe in, ain't it?
Actually, nobody "oversees" Wall Street, which is 98% of the flipping problem. Thirty years ago this would have all been Science Fiction... like 1984. Nobody would have ever believed we would be enduring... not only the biggest... but apparently the longest ongoing... robbery in the history of the country. But I'll be dipped if that ain't exactly where we are.
Boy... if you lock yourself in a sense deprivation chamber away from all the fricking articially manufactured distractions... and concentrate real hard... you can almost begin to see a pattern here, eh? How can 299 million people be as collectively stupid as we've been and even after most of it has been exposed, just keep right on supporting the people who have done it to us? We're gonna need a stronger word than stupid. Folks, the financial sector did not grow to control 21% of the Gross Domestic Product in this country without ever producing, growing, selling, transporting or servicing anything of any value to society itself... (Watch it Dovell. ) without letting a few egg suckers in amongst the chickens. The fact that a lot of them seem to come from the same den of weasels shouldn't be any kind of surprise either.
An "industry"... that somehow manages to exist and in fact, wax fatter than any other industry... and in fact, while all of our REAL industries have shrunken to mere shells of their former selves... simply by existing? Who woulda thunk it? |
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Joined: 08 Jul 2003
Posts: 6309
| Posted: Tue May 26, 2009 3:22 am Post subject: skull and bones | |
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Perfect put - Goldman Sachs the KBR of Finance !
And let us not forget that Jim Cramer and Eddie Lampert are also Goldman Alumni . I think money people wether it be investor or power broker ie politicians look for certain names on a resume because they know those people tend to act in a certain way in certain situations. ie an old boys club that will sign off on any deal they make |
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Joined: 24 Feb 2005
Posts: 556
| Posted: Tue May 26, 2009 4:06 am Post subject: | |
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This is one of the few people that understands what has happened to the "American" family. The family unit of the USA. She is the overseer of the tarp program. Google her. She didn't want to be in gov. but fate put gov. in her way., and she's TRULY fighting for us.
http://www.youtube.com/watch?v=S1Uk-DwUvJw http://www.youtube.com/watch?v=akVL7QY0S8A |
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