We’ve created a ruling class of fools, and they will not let go of the power they’ve been given, no matter what it ends up costing us.
The author is half right.
The “act” to which he refers may have been a product of Congress, but the forces that gave birth to it originate in Goldman Sachs. They are the prime beneficiary as you noted, but you don’t stop to connect the dots. You have people like Jim Himes in Congress who used to work for Goldman Sachs helping to move such things along, you have the head of Treasury, also from Goldman Sachs, and innumberable GS lobbyists and interlocked organizations.
Either you are a friend of GS, or you have no bigger blood sucking maggot than GS.
O administration turning gold into dross.
I’ll do it for $500,000.