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Goldman Sachs: Pic of the day
- Thread starter ByLoSellHi
- Start date
yes, they DID want to bail out AIG. Since when is the administration bound by lobbyists? If you believe you are governed by a mariontte regime then maybe its time for a revolution...
Quote from Bigpipn:
LOL the taxpayers' representatives did NOT want to bail out AIG, that was WELL documented. The lobbyists worked their magic and swayed just the right amount of votes to get it done.
They coined the term "systemic risk" and used scare tactics similar to 9/11.
LOL, I asked for a CREDIBLE source...not some snake oil salesman.
Quote from the1:
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i still disagree with your points on how the government is run by anyone. What you describe looks a lot worse than anything that can be seen in Russia or Lybia. If this really was not about GS then maybe some of those retards such as Buylowsellhi could rename their threds. No, uninformed as they are, they are happy to jump on the bandwaggon and scream at full throttle because everyone is doing so. Thats the true action of a helpless, pathetic individual who is too lazy and maybe incapable in using his own brain. Thats what gets and keeps me going...
Quote from the1:
Asiaprop,
I think you are missing the point of these GS threads and why people are so upset. GS is not the real target of these discussions. It's just so happens GS has conveniently landed in the cross-hairs because of their obscene profits. What the true issue here is the entire system.
The US Government is run by the banking cartel. I'm not writing a thesis here so I'm not going to cite actual numbers but it's common knowledge that GS, AIG, C, BAC, etc... are huge political contributors. It's also common knowledge that GS's (and other banks) former executives occupy various seats in the government. GS currently runs the government. To deny that fact is pure folly.
Bankers can create money out of thin air, lend it to you to buy a house, and then foreclose on you when they blow up the economy. So in the end, a bank can lend you money at the cost of nothing and then take your home, which has a lot of value, when their actions cause you to lose your job. You can't see the fundamental problem with this scenario?
A more credible source
http://www.nytimes.com/2008/10/19/business/19gold.html
http://www.nytimes.com/2008/10/19/business/19gold.html
Quote from asiaprop:
LOL, I asked for a CREDIBLE source...not some snake oil salesman.
you gotta be kidding me. Look back 40 or 50 years and tell me people in the fed or the treasury have not sought out the help of former business partners or colleagues. Fact remains that not Paulson nor ANY individual , EVEN the president, had the power to singlehandedly plow billions into dead beat companies such as AIG.
your little article proves nothing. I strongly recommend you go back and really educate yourself who REALLY bailed out AIG and the like.
your little article proves nothing. I strongly recommend you go back and really educate yourself who REALLY bailed out AIG and the like.
asiaprop, make sure to wipe your chin and nose when you're done.
You're still missing the point. It's the banking system and the bank's power to create money - cascaded from debt - that is at the heart of the problem. The Federal Reserve and the member banks have complete control over the US Government. I could post credible source after credible source and you're still going to argue against it.
Quote from asiaprop:
you gotta be kidding me. Look back 40 or 50 years and tell me people in the fed or the treasury have not sought out the help of former business partners or colleagues. Fact remains that not Paulson nor ANY individual , EVEN the president, had the power to singlehandedly plow billions into dead beat companies such as AIG.
your little article proves nothing. I strongly recommend you go back and really educate yourself who REALLY bailed out AIG and the like.
buddy, dont shift away from the topic. Nobody talked about how mony is created. We talked about whether GS is a liability to the taxpayer. Suddenly you cant figure out who really authorized payments to AIG?
Quote from the1:
You're still missing the point. It's the banking system and the bank's power to create money - cascaded from debt - that is at the heart of the problem. The Federal Reserve and the member banks have complete control over the US Government. I could post credible source after credible source and you're still going to argue against it.