I wonder if Goldman Sachs was involved in any way with the run on the bank in Sept of 2008. Somebody (or a combination of somebodies) had enough money to do enough serious damage that President Bush stood before the nation and told us that the capitalist free world would be destroyed if we didn’t pass the bailout. That was about a week after the run on the bank and the markets had not totally crashed (nor would they crash the whole time that TARP was being debated) but somebody apparently convinced Bush that they had the power to end capitalism for good if they so desired, in retaliation for TARP not being passed. No little fish would have the power to convince Bush of that.IMHO, there had to be somebody HUGE holding the gun to Bush’s head at that point. Was Goldman part of that? I’d really like to know...
I’m pretty clueless on finance and economy so I don’t know exactly how it would work, but to get these filthy-rich people to support the destruction of the free world economy that has given them all the luxury in the world, somebody has to be telling them that they will be the king when this system goes down and will inherit an even richer position of power and wealth.