Hedge fund manager in Goldman Sachs case is major Dem donor
http://www.freerepublic.com/focus/news/2494787/posts?page=3#3
” ... the President is the number one on the list of those receiving money from Wallstreet just above the beloved Sen. Chuck Schumer. Sen Gillibrand is the number one recipient of funds specifically from Goldman Sachs.” — Maelstorm
U.S. (SEC) Accuses Goldman Sachs of Fraud
http://www.freerepublic.com/focus/f-news/2494316/posts
Soros: Euro, EU Will Collapse if Germany Doesn’t Make Concessions
http://www.infowars.com/soros-euro-eu-will-collapse-if-germany-doesnt-make-concessions
Newsmax | Billionaire financier George Soros thinks the euro and the European Union itself are at risk of breaking up if Germany refuses to play its traditional role and make concessions.
Greek debt crisis gets worse as EU revises figures...
http://apnews.myway.com/article/20100422/D9F845DO3.html
Public-sector unions bankrupting America
http://www.freerepublic.com/focus/f-news/2498835/posts
[Greece has union-based problems too. Ruh-roh.]
Heard on Rush/Hannity — unions getting wacko about their new governor, calling for his death. Greek style opposition to austerity in NJ.
An illegal bank is the second-largest holder of U.S. treasury securities ?
Exposing Faux Capitalism | Japan isn’t the second-largest holder of U.S. treasury securities — the privately owned Federal Reserve Bank of New York is.
Bankers Said ‘Anything’ to Get High Rating, S&P Ex-Analyst Says
Bloomberg | On May 3, 2005, Standard & Poor’s analyst Chui Ng e-mailed co-workers to broker a solution to demands by Goldman Sachs bankers that he said violated two or more of the ratings company’s internal guidelines.
DRUDGE — April 28, 2010
‘GOLDMAN’ SHARES RISE AS DEMS PLAY ‘SH**TY’...
GOLDMAN SACHS CEO endorses Dem Banking Bill: ‘Wall Street will benefit’...
FLASHBACK: GOLDMAN rallies for Obama reform...
Gore lashes out at reporters: ‘Bad job covering climate crisis’...
HEATED UP: Climategate Scientist Threatens Lawsuit Over Satirical YOUTUBE Video...
Further in Soros article:
Recent YouTube videos posted by financial bloggers have been hurling a slew of accusations at the FDIC regarding its deals with companies like OneWest, drawing a rare response from the FDIC. The central accusation that drew the response, notes eCreditDaily.com, was the federal agency’s so-called “loss-sharing agreement” with OneWest, which critics claim makes it a much more profitable incentive for the bank to move forward with short sales or foreclosures instead of working with homeowners on mortgage modifications.
Obama’s No. 2 Iran man on Soros-funded council
http://www.wnd.com/index.php?fa=PAGE.view&pageId=115445
Expected to negotiate with radical regime while serving group opposing sanctions
George Soros bets against America
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=114759
Billionaire attacks capitalism, makes billions on global recession
U.S. starts criminal probe into Goldman
http://www.freerepublic.com/focus/f-news/2503638/posts
Greece erupts as IMF prepares to wield axe (America’s Future)
http://www.freerepublic.com/focus/f-news/2504973/posts
Recap on Greek Bailout DISASTER ...
http://www.freerepublic.com/focus/news/2507084/posts?page=40#40
$421.8 total, $146 Billion to Greece alone. Last March. Down rat hole.
Three dead as Greek strike grows violent (Eventually a strongman will have to quell this disorder)
http://www.freerepublic.com/focus/f-news/2507084/posts
CBO: Doc fix will cost more than anyone thought
http://www.freerepublic.com/focus/f-news/2507388/posts
Obama-nomics & Greece Update
Obama pushing $23 billion teachers union bailout
http://www.freerepublic.com/focus/f-news/2513627/posts
Top of Drudge:
Greece May Take Legal Steps Against U.S. Banks for Crisis...
http://www.bloomberg.com/apps/news?pid=20601087&sid=aDxF1YfeViEc
Euro Breakup Concerns Grow...
http://www.bloomberg.com/apps/news?pid=20601087&sid=aqquuYOAN_sE
Germans lose faith...
http://www.timesonline.co.uk/tol/news/world/europe/article7127621.ece
Merkel: Rescue package ‘just buys time’...
http://www.breitbart.com/article.php?id=CNG.cdc149211d17e9292605abc47c6a574f.721&show_article=1
Weird and Wonderful US History
“In 1923, the United States produced 49% of all products worldwide. 6 In the years between 1919 and 1927, the American economy grew ten times as fast as in the years of 1900-1919. 7”
[Twenty years dominated by Teddy and Woodrow Wilson — 1900-1919. Even sharper than that — a depression that spilled into 1921. 1919 and 1927 ... sharper than that ... the Harding Recovery from 1921 policy / Roaring Twenties, leaping out from a depression through tax cuts AND spending cuts! It would be interesting to compare Teddy’s Panic of 1907 on through to Wilson’s depression into 1921 with Harding’s 1922 - 1927]
It is no wonder that this economic success attracted attention from other nations. The German public, dominated by middle class and intellectuals, never tired of praising the American accomplishments in economic issues. Even those from a socialist background, such as the Social Democrats and unionists saw the United States as a model for future German development. The US capitalist system seemed to create a population without the polarization into extreme left and right wings that was present throughout the whole Weimar Republic. Not only did it provide a solution for economical problems, but it also solved political problems. 8
The American economy was highly impressive to the Germans of the time. American practices which were believed to improve the economy streamed into Europe. The US was seen as a land of rationalisation and pragmatism. Two concepts were applied, Taylorism and Fordism.
Another expression for Taylorism is “scientific management”. Frederik Taylor, an engineer in the “Midvale Steel Company”, invented this kind of management even before the First World War. The kernel of his program was the division of labour in hundreds or thousands of exactly calculated small steps. This rationalisation was made possible by a scientification of management and production. The elimination of all useless steps led to an increase in production by forty times. 9
Fordism was invented by Henry C. Ford. His use of the assembly line in the production of his famous “Model T” car made it possible for him to produce fast and cheap automobiles in high numbers. This is the basis for mass consumption. Division of labour was also part of his philosophy. The “Model T” was produced in 7882 small steps.10 Labour became stricter and was determined by stop-watch and assembly line. [snip]
Fordism especially was warmly welcomed in Germany and found a supportive audience in the general public. It also spurred a big backdraft of secondary literature, examining and analysing Henry Ford’s writings, whose autobiography was soon to become Germany’s economic bible. 11 [snip]
http://www.nomediakings.org/malte/ha/ha_weiku.htm
5 Detlef Junker, “Die Aussenpolitik der USA 1920-1940”, in: Otmar Franz ed., Am Wendepunkt der europaeischen Geschichte (Goettingen, 1981), p. 202.
6 Hermand, p. 49.
7Ibid., p. 52.
8 Ibid., p. 49.
9 Ibid., p. 51.
10 Ibid., p. 52.
11 Mary Nolan, Visions of Modernity: American Business and Modernization of Germany (Oxford, 1994), pp. 30ff.
[And note that we were in a depression in 1920. The Harding Recovery.]