Karl Denninger rips The Washington Post's defense of Goldman Sachs (GS): "I know nobody that...


Karl Denninger rips The Washington Post's defense of Goldman Sachs (GS): "I know nobody that objects to making a profit. I know a lot of people who object to theft."
From other sites
Comments (7)
  • PCScipio
    , contributor
    Comments (204) | Send Message
     
    Good Ticker, KD.
    20 Jul 2009, 02:34 PM Reply Like
  • Archman Investor
    , contributor
    Comments (3296) | Send Message
     
    I just finished reading KD's article.
    Wow. Bravo. Just straight forward talk. Loved it.

     

    If only the friggin, moronic, stupid, lazy, entitled, American people could tear themselves away from their latest reality TV show, entertainment tonight programs, or stop playing with their I-phones in their attempts to "look" important, rather they actually being important, they would realize just how far gone their country is and how they are all just one step away from complete and utter slavery at the hands of an elitist few.

     

    compdivplan.com
    20 Jul 2009, 03:01 PM Reply Like
  • Illusional Delusion
    , contributor
    Comments (346) | Send Message
     
    Go Karl!
    20 Jul 2009, 03:03 PM Reply Like
  • frosty
    , contributor
    Comments (719) | Send Message
     
    Congress should pass a law taxing bank bonuses 100% for the next 5 years. In this way the taxpayers, who provided the capital for current and future bank profits, will get the bonuses we so richly deserve. Congress should also level the playing field with deferred income for executives limiting it to the IRA/401K maximums the rest of us have to live with. Anything over that, no matter when it is paid out, is current income taxed at current rates. This is one more way the wealthy are able to shift the current tax burden to the rest of us.
    20 Jul 2009, 03:24 PM Reply Like
  • Illusional Delusion
    , contributor
    Comments (346) | Send Message
     
    I beg to differ. They should instead have a progressive tax bucket for bonuses separately. Regular people do get bonuses for real work too...

     

    On Jul 20 03:24 PM frosty wrote:

     

    > Congress should pass a law taxing bank bonuses 100% for the
    20 Jul 2009, 03:30 PM Reply Like
  • HiSpeed
    , contributor
    Comments (1296) | Send Message
     
    GS, return to the taxpayers the $13 Billion that you stole from us via AIG's bailout and we'll call it even!
    20 Jul 2009, 03:32 PM Reply Like
  • Poor Texan
    , contributor
    Comments (3527) | Send Message
     
    Great idea. Never happen. And even if it does, the congress will create loopholes for their friends. Rich people are able to shelter income in ways closed to the ordinary American.

     

    On Jul 20 03:24 PM frosty wrote:

     

    Congress should pass a law taxing bank bonuses 100% for the next 5 years. In this way the taxpayers, who provided the capital for current and future bank profits, will get the bonuses we so richly deserve. Congress should also level the playing field with deferred income for executives limiting it to the IRA/401K maximums the rest of us have to live with. Anything over that, no matter when it is paid out, is current income taxed at current rates. This is one more way the wealthy are able to shift the current tax burden to the rest of us.
    20 Jul 2009, 04:15 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs