The Great American Financial Bubble Machine (Goldman Sach stealing from you)

Rolling Stones ^ | July 2 , 2009 | Matt Taibbi

[CHICAGOFARMER]

If you haven't read Matt Taibbi's recent Rolling Stone piece on Goldman Sachs, make sure to get your hands on it ASAP.

It's a must read on how Goldman Sachs and the U.S. government work hand in glove to produce giant investment bubbles... bubbles that allow Goldman to work over investors for hundreds of billions of dollars.

We don't think you can lay all the blame for the housing bubble and the tech bubble at Goldman's feet... but we do find it suspicious that a ton of high level government posts are staffed by Goldman employees. It's close to a "monopoly" on power that needs to be smashed. This article is just a fantastic read...

[CHICAGOFARMER]

How Goldman Sacks has manipulated hundreds of billons of dollars out the hands of american citizens.

Absoluetly the best writeup of the stealing of billions if not trillionsof dollars from consumers and how the ogvernment is complict in the coverup..

[Signalman]

Hank Pauson!

http://en.wikipedia.org/wiki/Henry_Paulson

[bareford101]

so glad this is coming out again. Goldman Sacks and obamanation machine are hand in glove thieves.... beware of all of them...

[taxtruth]

Isn’t it nice when you are a share holder of the fed.The fed bailed out its own shareholders.

[Digger]

so glad this is coming out again. Goldman Sacks and obamanation machine are hand in glove thieves.... beware of all of them..

So what is going to be done about it? Nada! A typical reaction in a Banana Republic.

[parsifal]

And “what Rubin thought,” mostly, was that the American economy, and in particular the financial markets, were over-regulated and needed to be set free. During his tenure at Treasury, the Clinton White House made a series of moves that would have drastic consequences for the global economy — beginning with Rubin’s complete and total failure to regulate his old firm during its first mad dash for obscene short-term profits.

parsy, who think this is how the world ends

[KoRn]

"So what is going to be done about it? Nada! A typical reaction in a Banana Republic."

Sadly, I'm afraid your right. What has happened is equivalent to thieves robbing a house while the homeowners are sitting on the sofa watching TV, too stupid and focused on the show they are watching to pay attention or give a damn.

[Age of Reason]

From the article: "Barack Obama . . . Goldman Sachs — its employees paid some $981,000 to his campaign — sits in the White House."

[Newtoidaho]

Goldman Sachs was instrumental in orchestrating the financial meltdown last fall, their goal to get the fraud elected was successful. The fraud is such a complete idiot on all things (except for registering people to vote, his only skill), they figured he was the perfect puppet for them to have in the white house.

[Free Vulcan]

bookmark

[Vendome]

What are Southern? That’s Paulson. lol

[Vendome]

do over:

What are you Southern? That’s Paulson. lol

[myknowledge]

Goldman Sachs and the other international banks control this puppet Zero, pulling the invisible cables behind the scenes.

[CHICAGOFARMER]

You hit the nail on the head. He can be manipulated.

[redk]

Yeah these things have gotten the attention of a couple of the zombies I work with. The rest pay no attention to it and usually continue to talk about John and Kate plus 8.

[Lorianne]

Best article to date on the financial meltdown.
A must read.

Bump.

[P.O.E.]

Bump for a great story.

[hennie pennie]

>>> "How Goldman Sacks has manipulated hundreds of billons of dollars out the hands of american citizens. Absoluetly the best writeup of the stealing of billions if not trillionsof dollars from consumers and how the ogvernment is complict in the coverup.." <<<

*ping*

[hennie pennie]

If you are serious about that research, Matt Taibbi’s article about the “bubble mafia” was posted several times to FR, and is mandatory reading.

[hennie pennie]

bttt