Goldman Sachs has openly, blatantly gone back to business as usual, knowing they will be bailed out by taxpayers if their high rolling gambles don't work, and they don't care who knows about it.
The reason they can be so breathtakingly arrogant, so stunningly cavalier about not giving a damn about things that any other company's PR and government relations department would advise them against, is that they know they have the power to do anything they want to do. The Obama White House needs to take Goldman Sachs to the woodshed rhetorically, and they should have the Justice Department investigating them for anti-trust violations and all manner of stock manipulation. It is time to start squeezing the management at Goldman, and making them nervous about being broken up into pieces that are not too big to fail.
Here's (with brief intro) Matt Taibbi, Rob Johnson, and myself taking about Goldman Sachs on what is rapidly becoming my favorite media program for discussing economic issues, GRITtv:
Their "wealth" and "power," which they endlessly lord upon all other men, is completely vacuous. It exists only because they say it does ... and because they pay billions of dollars every single month(!) to men whose "purse is never filled."
Fables always end like Rumpelstiltskin's tale ... where the morning light comes and the leprechaun's gold is revealed to be, and to always have been, nothing at all but smelly straw. Reality always ends the same, as when tulip bulbs were once again revealed to be tulips.
Let us all stop tolerating these behaviors. Stop calling it "lobbying" and start calling it "bribery."
This is a crime that wipes out hundreds of thousands of people a MONTH. And for what?
Let us call it plainly, "crime," and expel it from our nation.
Why the government couldn't just do a straight tax on carbon is beyond me....oh wait all the folks working on this are from Goldman Sachs.
fault here putting out 800 ppm per human per year. Address that or quit making stuff up!
If they haven't the cojones to freeze the banks' assets and sort it out, and regulate it, they could...
get one major bank to fly straight, and throw the gov't business to that bank. As I see it the Fed
no longer regulates but coordinates banker actions across all banks, and it is collusive instead of rectifying.
The news is full of a constant barrage vilifying Goldman Sachs both from the left and the right. What is written about Goldman Sachs seems to be fairly accurate. Yes, I agree that Goldman Sachs is feathering their own nest but on the other side of the coin they seem to be aiding our country along with themselves.
Now is the time to ask who is stoking the boilers and feeding this story into the media and why. Is this perception management being fed by corporations, health industry, and drug industry to destroy the huge support that President Obama has by creating a scandal in banking bailout?
The truth is a nebulous commodity when dealing with such large forces with so much money to blow on cognition control. It is hard for us citizens to cut through the crap that is being feed us so I’m asking you, Mr. President, to speak out and give us, your supporters, the truth straight from the horses mouth.
Why do we not demand a system that doesn't enslave, abuse and poison 90% of the population?
How stupid can our government be to not at least impose a safety valve.???
Goldman Sachs employees especially management should sleep with one eye open. They have managed the largest swindle in the history of the United States of America.