And of course, much of this money goes to the people earning the most in the company while people at the middle and lower levels hardly get anything
Here is a good video/article from Rolling Stones, Matt Tabbi, on the whole Goldman Sachs economic issue and other...he makes it very clear that the economic mess was bipartisan, and gives a very simple explanation of how "big money" financial people screw mainstream Americans...and why we let it happen (citizens and government)
Yes. But notice that if GS thought they 'bought' Obama, it didn't turn out that way.. Notice that when the SEC voted on bringing charges against GS, it was 2 Republicans who voted against. Note that Mitch McConnell right after meeting with Wall Street has been the most vocal critic of the banking reform before the Senate. That said, there have beeen more than a few Democrats caught in financial scandals. Dodd. But they are trying to move on reform - and the GOP is blocking,
I agree that the revolving door between financial instiutions and government has stop spinning, The question is how to attract top financial talent in government - at gov't wages.
And you don't think they Republicans and Democrats alike didn't know about this Fraud when they handed over your Tax Dollars by the Billions last year?
That's the real injustice. Total complete FRAUD.
To not know what was going on and give away that money was either a complete FRAUD or you would have to believe that every person in both parties was completely incompetent.
The Federal Government is full of Investment Bank appointees.
Just today another story about Republican Meg Whitman being on the Goldman's board... and Jerry Brown's sister working for Goldman's.
The Government had FULL KNOWLEDGE of what was going on long before they handout out the money.
This is nothing more than populist pandering to push forward the pretend Financial Reform Bill which shifts even more power to the Federal Reserve.
by pgrundy7 years ago
Here's the news link:http://dealbook.blogs.nytimes.com/2009/ … n-quarter/BTW today is Bastille Day. Anyone up for dropping by Goldman Sachs just to say hey?Happy Bastille Day Goldman Sachs!
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