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Started By
Message
Goldman tapes show culture of corruption, crony capitalism
Posted on 10/1/14 at 8:46 am
Posted on 10/1/14 at 8:46 am
LINK
I wish I could say I was surprised that Republican lawmakers weren't making anything of this. This shows once again that right wing politics isn't really about free market policies, it's about benefiting certain actors at the expense of everyone else.
I wish I could say I was surprised that Republican lawmakers weren't making anything of this. This shows once again that right wing politics isn't really about free market policies, it's about benefiting certain actors at the expense of everyone else.
15
Posted on 10/1/14 at 8:49 am to Draconian Sanctions
quote:
Republican lawmakers
quote:
right wing
wait
we need a new definition of "right wing"
last time it was small government-types
Posted on 10/1/14 at 8:49 am to Draconian Sanctions
Where in that article did it insinuate republicans weren't doing anything and democrats were? Skimmed on phone and didn't see anything but didn't look close and can't ATM.
Posted on 10/1/14 at 8:51 am to Draconian Sanctions
quote:
This shows once again that right wing politics isn't really about free market policies, it's about benefiting certain actors at the expense of everyone else.
I like how a firm using the government for advantages is portrayed as a failure of small-government ideas.
Posted on 10/1/14 at 8:54 am to Draconian Sanctions
Corporate favoritism is a definite problem, DS. That's true. But take off the shades, dude. This shite is EVERYWHERE. Do Solyndra and A123 ring any bells?
Posted on 10/1/14 at 8:54 am to Draconian Sanctions
quote:
I wish I could say I was surprised that Republican lawmakers weren't making anything of this. This shows once again that right wing politics isn't really about free market policies, it's about benefiting certain actors at the expense of everyone else.
You think this is only GOP problem?
You're delusional.
Posted on 10/1/14 at 8:57 am to Draconian Sanctions
From the second paragraph of your link.
Wow! Huff Post really nailed Goldman Sachs with that expose'!
quote:
The tapes, secretly recorded by then-bank examiner Carmen Segarra, don't capture any craven wrongdoing by the bank.
Wow! Huff Post really nailed Goldman Sachs with that expose'!
Posted on 10/1/14 at 9:02 am to Draconian Sanctions
quote:Me, too. After all, Goldman Sachs is known for its support of the Democrat party, including its current CEO, Lloyd Blankfein.
I wish I could say I was surprised that Republican lawmakers weren't making anything of this.
quote:LINK
Goldman Sachs’ investment in Obama pays off huge
Top contributors to Obama campaign 2008
Goldman Sachs $1,034,615
Posted on 10/1/14 at 9:03 am to Draconian Sanctions
quote:
I wish I could say I was surprised that Republican lawmakers weren't making anything of this. This shows once again that right wing politics isn't really about free market policies, it's about benefiting certain actors at the expense of everyone else.
Great opportunity to unite against the corruption of big government yet you chose to go the other route and celebrate how less wrong your side is.
Congrats on being part of the problem.
Posted on 10/1/14 at 9:05 am to Draconian Sanctions
To be fair, the only lawmakers I've seen trying to do something about this are Elizabeth Warren and Bernie Sanders.
I have no doubts numerous Democrats were complicit in it right alongside many Republicans.
I have no doubts numerous Democrats were complicit in it right alongside many Republicans.
Posted on 10/1/14 at 9:07 am to Draconian Sanctions
Wow, that was a turrible article. And your post is almost as bad.
Basically a Goldman Sachs executive said something. It could be interpreted as "the wealthy don't have to follow the rules that the little people live by!!!!
I EAT THE POOR!!!!!"
Or, much much more likely he was referring to rules that allow advanced ("accredited") investors to invest in riskier assets. Clearly everyone, including the article's author could figure out what they meant:
So more senior Fed people decided that following up and getting a clarification really wasn't worth it since they knew what he meant.
I really don't think this rises to the level of the Nixon's missing tape. This seems like a complete non-issue.
(back to the OP) And even if it was an issue, and I think in general over-site needs to be improved, how is this the Republican's fault and not say, the head of the Executive Branch of government???? The Fed sure, but this is really more an SEC and, oh I don't know, a JUSTICE DEPARTMENT ISSUE.
Will agree on this, Repubs should make more an issue of this, but Obamacare and general poor economic performance are easier to focus on, so I can't really blame them.
Basically a Goldman Sachs executive said something. It could be interpreted as "the wealthy don't have to follow the rules that the little people live by!!!!
I EAT THE POOR!!!!!"
Or, much much more likely he was referring to rules that allow advanced ("accredited") investors to invest in riskier assets. Clearly everyone, including the article's author could figure out what they meant:
quote:
Both the New York Fed and Goldman are familiar with accredited investor rules (or they certainly should be, at any rate).
So more senior Fed people decided that following up and getting a clarification really wasn't worth it since they knew what he meant.
I really don't think this rises to the level of the Nixon's missing tape. This seems like a complete non-issue.
(back to the OP) And even if it was an issue, and I think in general over-site needs to be improved, how is this the Republican's fault and not say, the head of the Executive Branch of government???? The Fed sure, but this is really more an SEC and, oh I don't know, a JUSTICE DEPARTMENT ISSUE.
Will agree on this, Repubs should make more an issue of this, but Obamacare and general poor economic performance are easier to focus on, so I can't really blame them.
Posted on 10/1/14 at 9:35 am to Draconian Sanctions
Hmmm... How much did Goldman contribute to Democrats? Look it up. It's quite telling.
Sooner or later you'll realize that dems and pubs politicians are exactly the same.
The fact you guys can't see it is fricking hilarious and sad.
Sooner or later you'll realize that dems and pubs politicians are exactly the same.
The fact you guys can't see it is fricking hilarious and sad.
Posted on 10/1/14 at 9:57 am to Draconian Sanctions
I think that it is safe to say that this is a very poor attempt at trolling by DS.
Posted on 10/1/14 at 11:28 am to Draconian Sanctions
quote:
that Republican lawmakers
If you think R's are the only ones giving a wink to this type of behavior, you are delusional.
Posted on 10/1/14 at 11:30 am to Draconian Sanctions
quote:
LINK
HuffPo? Really?
I'm disappoint.
(crony capitalism is alive and well in both parties - don't kid yourself)
Posted on 10/1/14 at 11:45 am to Draconian Sanctions
quote:
Draconian Sanctions
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