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View Full Version : United States of Goldman Sachs?


zilla
08-09-2009, 09:42 PM
http://www.rollingstone.com/politics/story/29127316/the_great_american_bubble_machine/1


Article on Goldman's part in the last 3 bubble markets. Before you read, keep in mind the article blasts the Clinton and Obama admin as well as cap and trade.
Mike Furley
08-10-2009, 06:21 AM
Goldman Sachs is the bogeyman for the libertarians as Halliburton was the bogeyman for the peaceniks.
zilla
08-10-2009, 06:44 AM
You must be kidding me? Did you even read the article?

Speaking of bogey man, how is your kook investigation into Obama's birth certificate going? You fox new clones never stop amazing me.
Mike Furley
08-10-2009, 11:20 AM
You must be kidding me? Did you even read the article?

Speaking of bogey man, how is your kook investigation into Obama's birth certificate going? You fox new clones never stop amazing me.

I stopped reading Rolling Stone around the same time I stopped getting zits.

I also stopped watching Fox News a few years ago. If you think I am a clone then I assume you must watch it.
Medic
08-10-2009, 11:55 AM
For once I agree with Zilla. While the article uses a lot of conjecture and anecdotal evidence, Goldman Sachs *has* been manipulating the market for decades, no one ever notices because they "pick their spots".

Plus the SEC is a toothless tiger so they can get away with it. The glad handing going on in Washington between lobbyists from Goldman, politicians (who used to work for Goldman) and the company itself is the height of some of the worst corruption in the markets.
zilla
08-10-2009, 03:10 PM
For once I agree with Zilla. While the article uses a lot of conjecture and anecdotal evidence, Goldman Sachs *has* been manipulating the market for decades, no one ever notices because they "pick their spots".

Plus the SEC is a toothless tiger so they can get away with it. The glad handing going on in Washington between lobbyists from Goldman, politicians (who used to work for Goldman) and the company itself is the height of some of the worst corruption in the markets.

cap and trade is a joke waiting to happen.
gator
08-10-2009, 03:25 PM
cap and trade is a joke waiting to happen.

too bad the punchline is going to hit us right in the mouth.:mad:
byebyelloyd
08-10-2009, 04:05 PM
too bad the punchline is going to hit us right in the mouth.:mad:

won't be so bad with that spectacular health care that has so much nationwide support, i'm going to see the doctor for a hangnail now.
gator
08-10-2009, 09:28 PM
I read about 90% of that article. I won't say it wasn't infuriating, but I think it was a little slim on the sources. I won't say it was all conjecture because I feel the same way about cap and trade. Further, the idea that pretty-much all politicians are dirty is a conclusion that I came to long ago. Funny, I feel the same about Obamacare, but there was no mention in the article. I just wonder why one of the biggest parts in Obamacare is digitizing medical records. I'm sure the major bid (worth billions) GE has in for that contract, all the dollars GE gave the Obama campaign, and all the favorable MSNBC and NBC coverage (which GE owns) has no connection. Somehow those digitized records are all for our benefit and are going to make us live longer instantly.