Dear Goldman Sachs CEO,
Sincerely,
TArcher
Posted on 11/25/2012 12:07:33 PM PST by John S Mosby
Stocks shook off their post-election slump Monday, in part because of optimism that the president and Congress will reach a compromise on the nation's budget by the end of the year.
If they don't, there will be automatic tax increases and huge cuts in federal spending -- that so-called fiscal cliff.
It's a time bomb, according to Lloyd Blankfein, chairman and CEO of Goldman Sachs, and one of the world's most influential bankers. His message to Washington? Make a deal.
(Excerpt) Read more at cbsnews.com ...
bailouts, “green loans”, corn, ethanol, sugar, corporate, agricultural subsidies of all types should be eliminated.
More than half the cost of welfare is government bureaucracy, we can slash that in half and save hundreds of billions without even touching benefits (those could be trimmed too).
They could just announce those 47%ers ain’t getting their refunds this year... “for the common good”..
hahaha...
the riots...
Harvard educated, and GS man with his mouth firmly on the taxpayers nipple. He’s a shoo in to follow Paulsen. Or maybe Bernake’s Fed seat when his term expires next year. lol
Orwell. 1984.
Thank You
I think I may lose it when Slick Willie’s wife starts blaming Bush for all of the problems in the world during her Hillary 2016 Trash the GOP campaign. I can’t believe that the communists are allowed to get away with that crap. It has to be one of those “dumbing down of America” things that the DemocRATS came up with.
That's just silly. A short term loan doesn't pay for losses.
And thats what happened. The US government gave 10 billion of TARP funds to GS.
Gave? It was awful! They borrowed $10 billion and the Treasury received $11.4 billion back.
Amazing, he can talk about the need for containing entitlements, as he enjoys the mother of all entitlements.
If entitlements paid back the government more than they cost, we would need no reform.
If all of these so called experts seem to think they can dole out advice, then why did they need bailing out? They have proven to most sane people that they are incapable of handling their own business affairs and yet they think that we should be interested in their advice.
I haven’t run the numbers yet but of the 47% who pay no taxes about half, at least, shouldn’t.
That half is actually indigent, hopelessly handicapped and retired.
Of the other half they are actually moochers and should be forced off the taxpyer dole. But, we can’t get there with our insane policies that prohibit and dissaude investment and put capital to work.
Once we get another Contract with America type of mindset and policy, only then will money come out from under the matresses or be repatriated to the US and bring the Arsenal of Democracy, as it were, back to life and it will do so with Epic results and demand for no skill, low skill and highly skilled workers will skyrocket.
But, the new Contract with America must, That’s Must! Have an external extant of demand to China and we must enforce rational sane competition on a level playing field.
If we don’t do that we will continue to sputter along at 2% or lower growth and China will kick everyone’s ass through obstinate indifference for a lack of consequence.
No consequence with a demand in behavior change will only continue unabated and China will eventually steal enough of our IP and then blamo!
The new sales pitch from China will be “Don’t buy their crap, buy my crap for less” and they will laugh their tiny littlr d icks off as we are frustrated by them.
We must fix this or eventually we will become Post America.
Unacceptable....
Self-ping. Thanks John S Mosby.
bump
Hard to argue with that
Here’s a refresher course. The largest subprime suppliers were Fannie and Freddie with all major investment banks urging them on and parking trillions into shadow banking vehicles using default swaps. They didn’t even know how the risk investments worked, nor did they care. The off-balance-sheet vehicles, the derivatives and the ‘shadow banking system’ itself – was to find a way round regulation— regulation that was CREATED (Community Reinvestment Act) by the very people these jackasses support—liberals in washington, every one of them bought dogs (Dodd and Bawney Fwank, and nearly all on the Senate Banking Committee). If you think the Fed buying 40B a month with money they have to beg from overseas will help support values— well...enjoy your delusion.
Maybe it’s your rice bowl or something— hunger will do that.
If Republicans were supporting bringing back US jobs, there would be no ground to stand on, about blaming the GOP.
Just saying...
“There needs to be a coordinated effort here, getting the message to the sitting Congressmen/women that a vote for Boehner is a good way to start the end of their career. ....”
Agreed. The next time Boehner comes up to be reelected, let’s all contact our congresscritters. I bet Mark Levin would help us with that.
Sincerely,
TArcher
Fannie and Freddie supplied subprime mortgages? Really? Who did they supply them to, Goldman?
and parking trillions into shadow banking vehicles using default swaps.
Fannie and Freddie used default swaps? Why?
If you think the Fed buying 40B a month with money they have to beg from overseas will help support values— well...enjoy your delusion.
The Fed begs money from overseas? Why would they do that?
Maybe it’s your rice bowl or something—
I'm more worried about your bowl than mine. Maybe you should smoke less? You're not making sense.
Agreed. The next time Boehner comes up to be reelected,
= = = = = = = = = = = = = = = = = = = = =
I would imagine it is this year, start of a new term...Only think that because there is a (very slim) chance one gets voted out.
I think the worse thing is a ‘split’ vote, as we may stand the chance of a “D” SOH ...can’t give these fool RINO’s something to work for though...that would be their ‘perfect storm’, have a Majority but not the Leadership...
ALL should be ousted each voting cycle...problem is that we all agree ALL/MOST politicians belong in a cell (padded or not) EXCEPT mine, he is pretty good.
The above is the reason we get the same old trash back year after year and these idiots can retire on what was meant to be a part time/mostly volunteer job.
Now ‘they’ are the (self described/imposed) gentry.
Ruling us instead of representing us as was the original intent.
Math is hard. Harder if you don’t know a thing about it or anything about people.
So use a dictionary and total that up.
Try re-reading what was posted, also the lying deceitful jive of the CBS interview and show the folks you have reading comprehension capabilities, and perhaps some kind of memory of who the actors are and what they did (that is to say,as matters of FACT). Then let the folks here know how it is you label yourself a “patriot” on that basis and for what sovereign nation.
No patriot would defend this crapweasel mordecai or his pals in the lickspittle media who carry water for a tyrant.
Have never smoked—anything other than fish or wild hog in cookers.
Deo Vindice.
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