Obama and Congress are looking for a scapegoat.
There is a Volcano in Iceland spewing Ash over Europe.
Another coal mine collapsed killing 29 people.
Toyota is recalling another 600,000 minivans.
B.F.D.
Its easy for the ruling class to take advantage of perceived and actual problems by introducing solutions that do not truly benefit the public. Instead, these solutions only advance the agendas of the elite. It is a great way to persuade the citizenry to accept something that is actually not in their best interest. (Tea Party teabaggers listen up).
Americans can't get their minds around finance so they argue talking points and simplistic reactionary crap instead of seeing who the real enemy is. They blame Bush. They blame Obama. Neither one of them told you to buy a house you can't afford, three SUV's with DVD players and whatever else it took to make you feel good about yourself. This same banking system has been alive and intact forever. It played both sides of the Civil War against each other and came out rich and has continued the tradition to this day. JP Morgan and the Rockefellers stack the decks, shape what is taught in schools, sell the people the 'issues' we fight over, and sit back making billions while we run in circles.
Now Goldman committed FRAUD? What fraud? In a market where one side shorts and another goes long. Only one will get it right. The dealer stands in the middle and facilitates the trade. Just like Vegas baby. It allowed two parties to take different sides of a trade. One bet correctly that credit would be downgraded while the other firms were wrong on housing.
Goldman is a scapegoat for the government's infusion of credit into the housing market and the bubble that followed.
who is the biggest fraud, Goldman or Obama?
ReplyDeletebarney frank should be in prison
ReplyDeleteSend all those Republican crooks to jail. DEREGULATE DEREGULATE DEREGULATE. That's all they did in the Bush years and those crooks raped the economy with no rules in place. Time to get free healthcare in jail, you thieving thugs!
ReplyDeletethe republicans are the biggest theives if u cannot understand this then ur an IDIOT
ReplyDeleteIts about time let judgment day begin! Hey SEC guys you want any main street help! I am not too smart but I am so ready to chew a hole in these guys' Goldman Glutes!!!
ReplyDeleteI guess you liberal idiots forgot that Rahm Emmanuel, the President's boy, worked on Wall Street and made millions, not because he knew what he was doing, but because he was the President's boy. Gee, I wonder why Government News (AP and Reuters) hasn't picked up on that.
ReplyDeletePut all of the crooks in jail! They steal and deceive and should pay!
ReplyDeleteGoldman = Scum
ReplyDeleteThere's not much more to say!
You idiot. Obama wasn't president when Immanuel was on Wall Street. You're just another example of Southern Teabagger Inbreeding. Why didn't they just use condoms and spare us your Biggoted nonsense.
ReplyDeleteFine GS in the billions. Put them in jail 4 life, put the GS associate in jail 4 50 years, put as many GS associates in jail as possible remember Madoff. GS, LOL!
ReplyDeletePaulson is a jew also
ReplyDeleteGoldman Sachs were finaciers of the Confederate Govt -moved to NYC after war
ReplyDeleteObama vs. the VOLCANO? "Eat your broccoli fatty" and exercise now...Excuse me but the earth is "vomiting"!
ReplyDeleteThe horse is already out of the barn. Too late for reform. Michael Milliken was a very smart guy and made billions on trading junk bonds. He was sanctioned and sent to jail. What has happened recently in the investment community makes Milliken's activities look like childs play. The real culprit was and still is the SEC and people like Barney the Frank.
ReplyDeleteam i going to get a virus from this website?
ReplyDelete