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McCaskill To Goldman Execs: You're All A Bunch Of Bookies

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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-28-10 06:36 AM
Original message
McCaskill To Goldman Execs: You're All A Bunch Of Bookies
 
Run time: 01:55
https://www.youtube.com/watch?v=87mfIwIEfBM
 
Posted on YouTube: April 27, 2010
By YouTube Member: tpmtv
Views on YouTube: 1833
 
Posted on DU: April 28, 2010
By DU Member: KoKo
Views on DU: 799
 
McCaskill get's to the bottom line in her questioning of Lloyd Blankfein at the Goldman-Sachs Senate hearing.
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stlsaxman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-28-10 06:44 AM
Response to Original message
1. Straight up calling the spade! That's my senator!
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customerserviceguy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-28-10 07:35 AM
Response to Original message
2. Finally
someone telling the would-be emperors that they have no clothes.

Any time you can make or lose money without actually owning the securities behind the transaction, that's pure gambling, and nothing else.
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dotymed Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-28-10 07:37 AM
Response to Original message
3. Truth, how refreshing.
:kick:
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burf Donating Member (745 posts) Send PM | Profile | Ignore Wed Apr-28-10 07:38 AM
Response to Original message
4. That was interesting
Edited on Wed Apr-28-10 08:11 AM by burf
What exactly did it accomplish? Nothing. Same old same old.

This is the same Claire McCaskill that accepted $252,350 from the Securities and Investment sector and another $139,625 from Misc Finance from 2005 to 2010. I wonder if she, Lloyd, Jamie and the boys went to the bowling alley for beers and onion rings after the show yesterday.

Source for campaign donations open secrets. org
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wolfgangmo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-28-10 08:52 AM
Response to Original message
5. That is an insult to bookies.
My bookie is honest. He lays the odds out front and doesn't hide behind legal jargon. And if he loses the bet, he pays off. Or he goes out of business.

Bankers and insurance companies? Not so much. These bastards want to lay the bets off - they want to get the cash but not pay off the bets. And now that they can't pay off the bets they are not going out of business, they are sucking at the public tit.

I once called my insurance agent a bookiein avery public place and he got red in the face and started to berate me and I went off on his ass, telling him that the difference between a bookie and him was that the bookie was honest and paid off his bets when he lost, but that the insurance company welshes on bets daily. He was laughed out of the room.

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Hassin Bin Sober Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-28-10 09:04 AM
Response to Original message
6. "Sounds to me like you guys a couple a bookies"
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silenttigersong Donating Member (339 posts) Send PM | Profile | Ignore Wed Apr-28-10 10:35 AM
Response to Original message
7. We will see
talk is cheap,I was impressed with Sen. McCaskil however,we need tough action like we the surfs receive for FRAUD...saying it is unethical is like expecting a shark to not gather around chum.I believe going in like a surgeon is necessary,until they can convict someone.This might appease the American citizens.Ironic ,that this is occurring, during this atrocious ,civil rights violation concerning immigrants and Arizona,makes apparent the economic pecking order.Even more outrageous is Bernanke calling for cuts in Medicare,Social security, or defense,let us hope it is defense cuts,with drawl from Afghanistan,and taxing the top 1%.
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glitch Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-28-10 11:26 AM
Response to Original message
8. Bookies provide a service. These guys are just con artists. nt
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