Rolling Stone's poison-penned Matt Taibbi lays waste to Goldman Sachs (GS), again. Here's the intro: "From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression - and they're about to do it again..."
Setting aside considerations about the underlying truth of the article for a moment, I really need to give Taibbi props for his colorful, journalistic style "the great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money". Ahmadinejad has nothing on this guy
Is it so ridiculous? They made billions during the boom. Their people seemed to have found their way into a number of influential government positions. And they continue to benefit from the "solutions" to the crisis.
Sure, it's not like they dress up in robes and have freaky ceremonies and are plotting to take over the world.
But a bunch of old white guys sitting in a room talking about how they can work the system, ethics be damned, to make themselves even richer? That's pretty easy to believe.
On Jun 25 11:50 AM RK wrote:
> Taibbi is making Goldman Sachs as the new Illuminati. Ridiculous.
For someone that believes in propaganda, I'll bet it is. But you should believe in facts. The facts are that its not GS that is allowing GS to take advantage. Its corrupt government staffers at all levels that are supposed to protect us from these types of manipulation that are allowing this to happen. And still a lot of people think that giving government more power will make it go away. What a joke.
That GS is working in self interest is true. That this government will solve it is simply ignorance.
On Jun 25 12:23 PM D_Virginia wrote: > That's pretty easy to believe.
Yeh, donate to the Democratic party, start a company that proposes to plant trees (ala Al Gore), then sit back and reap the profits from selling your greenhouse gas credits.
On Jun 25 01:07 PM PassingBy55 wrote: > Anyone got a cap & trade trade?
or, buy a TV network (like say NBC), hire editors who program global warming 24/7, all the while you (say, GE) develop 'clean' technologies and have press conferences while claiming "the debate over global warming is over!" when all the geologists and upper atmosphere temperature studies say it is, in fact, fraud. So yes Virginia, there are evil conspiracies, and they are easy to see if you just look carefully. Long GE, does that make me part of it? Sheeple are the problem
Right. But the alternative is chaos or autarchy. I'd like to think that at some point, the democratic process works because my fellow citizens have a core of a capacity for self rule. Overoptimistic and naive, but still, the alternatives are worse.
On Jun 25 12:59 PM Neil459 wrote:
> For someone that believes in propaganda, I'll bet it is. But you > should believe in facts. The facts are that its not GS that is allowing > GS to take advantage. Its corrupt government staffers at all levels > that are supposed to protect us from these types of manipulation > that are allowing this to happen. And still a lot of people think > that giving government more power will make it go away. What a joke. > > > That GS is working in self interest is true. That this government > will solve it is simply ignorance. > > On Jun 25 12:23 PM D_Virginia wrote:
This news story has 14 comments:
On Jun 25 11:50 AM RK wrote:
> Taibbi is making Goldman Sachs as the new Illuminati. Ridiculous.
Sure, it's not like they dress up in robes and have freaky ceremonies and are plotting to take over the world.
But a bunch of old white guys sitting in a room talking about how they can work the system, ethics be damned, to make themselves even richer? That's pretty easy to believe.
On Jun 25 11:50 AM RK wrote:
> Taibbi is making Goldman Sachs as the new Illuminati. Ridiculous.
That GS is working in self interest is true. That this government will solve it is simply ignorance.
On Jun 25 12:23 PM D_Virginia wrote:
> That's pretty easy to believe.
On Jun 25 01:07 PM PassingBy55 wrote:
> Anyone got a cap & trade trade?
On Jun 25 12:59 PM Neil459 wrote:
> For someone that believes in propaganda, I'll bet it is. But you
> should believe in facts. The facts are that its not GS that is allowing
> GS to take advantage. Its corrupt government staffers at all levels
> that are supposed to protect us from these types of manipulation
> that are allowing this to happen. And still a lot of people think
> that giving government more power will make it go away. What a joke.
>
>
> That GS is working in self interest is true. That this government
> will solve it is simply ignorance.
>
> On Jun 25 12:23 PM D_Virginia wrote: