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In good times and bad, there is one constant

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Stinky The Clown Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 10:39 PM
Original message
In good times and bad, there is one constant
Goldman Sachs

Founded not long after the Civil War, the firm has always been there, leading the way with financial hijinks. They've been involved directly with the federal government since before the official start of The Great Depression. Although a few periods of hard times befell the company, by and large they have managed to prosper in good economic times and bad. They are too big to fail, and being such, they are almost by definition of the term, more powerful, really, than the federal government.

In recent years, there has been a constant revolving door between the Goldman Sachs' Partner's Lunchroom and the various Secretary's Dining Rooms in the headquarters of secretarial level agencies, and the White House's executive dining rooms.

Maybe, just maybe, the economic shitstorm that rages still is simply as it should be . . . . according to, and serving the purposes of, Goldman Sachs.
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 10:42 PM
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1. People need to think about that a little more than how fun it is to believe things are fine
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RandomThoughts Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 10:42 PM
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2. You make a postulation.
First that Goldman Sachs has influence to set policy.
And second that policy helps Goldman Sachs.

Would that have anything to do with how things should be, or about what a small group of people want to be what people accept?
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Stinky The Clown Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-13-10 11:21 AM
Response to Reply #2
4. I'm not at all sure what it is you're saying/asking. Can you please clarify?
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csziggy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-12-10 10:42 PM
Response to Original message
3. I thought you were going to say The Crimson Permanent Assurance
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Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-13-10 11:24 AM
Response to Original message
5. Probably the longest running criminal organizations in America. n/t
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-13-10 11:33 AM
Response to Original message
6. Goldman Sachs should have gone down with the drain
rather than be bailed out.
They are a major reason for the corruption of the financial and political system

http://dailybail.com/home/glenn-greenwald-on-goldman-sachs-corruption-and-washington-c.html


http://www.rethinkingmarkets.org/2009/06/22/goldman-sachs-is-corrupt.html



Goldman Sachs, the US Treasury, and criminal corruption
September 2nd, 2009 8:32 pm

This is an extraordinary 26-minute video documenting criminal conspiracy between Goldman Sachs and the US Treasury with information in front of all of us to see:


http://www.examiner.com/la-county-nonpartisan-in-los-angeles/goldman-sachs-the-us-treasury-and-criminal-corruption

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Stinky The Clown Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-13-10 11:59 AM
Response to Reply #6
7. The fact they were bailed is what's pissed off the rational thinking people
All the other bailout carping was minor. Allowing the Too Big To Fails to continue being too big to fail shows with crystal clarity the collusion between Goldman and the government - and who wields the most power.

In many very real ways, Goldman controls the country. No one wants to say that for fear of being seen as crazy.
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