Sunday, July 12, 2009

I read it in The Rolling Stone

Seems like practically all the big dogs in the economics part of the Obama admin are Goldman Sachs alums, and it looks like many regard GS in the same way Dick Cheney saw halliburton. Matt Taibbi, writing on Goldman Sachs in Rolling Stone:
The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.
Any attempt to construct a narrative around all the former Goldmanites in influential positions quickly becomes an absurd and pointless exercise, like trying to make a list of everything. …

Read all of the story here, and then contemplate this, from Sunday's NYT:
Up and down Wall Street, analysts and traders are buzzing that Goldman, which only recently paid back its government bailout money, will report blowout profits from trading on Tuesday.

Read the rest of that here. Are we Americans so befuddled and discouraged that we will accept anything from the banksters and big-money guys? Is there nothing that will trigger righteous anger? What does it take to get an uprising rolling?
The class war must be over, and the rich won it going away. I still think among all these billions of bail-out bucks floating around, there should be a billion for a special prosecutor to look into financial operations that led us here. I want to see footage of the eviscerated, emasculated corpses of bankers dangling from the light standards of Wall Street.

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