No balls to educate yourselves
We know that usually the majority of the thousands of you visiting this site, read what we cut and past and then leave. You don’t read the articles or the books. It’s a real shame because the stuff we link to is pretty damn good stuff. Espcecially mine. DD and Nemski, well….
So my challenge is to see if you will read these 2 articles. One from the the New York Magazine about Goldman Sachs. It’s 8 pages and it has big words. Most likely David A, M. Protack, Tom. S and the myriad of merry men that defend CRI won’t read it and continue to display their stupidity. I can’t leave out rwr or Mike w. they are in a class of their own. At least Mike w can be excused as he is still in diapers and slowly being weened off his ba-bah.
but for the rest of you, take the 20 minutes to crank this baby out.
Thirty floors up in the black-tinted box that is Goldman Sachs headquarters on 85 Broad Street, there is a whiff of panic in the air. The Goldman of legend—pillar of the free market, breeder of super-citizens, object of envy and awe—has vanished. Ever since the bank crossed paths with U.S. taxpayers, getting saved with at least $10 billion in government aid last year and then parlaying that into $5.1 billion in profits in 2009 (so far), the firm has been seen as the ugly essence of capitalism at its most cynical—by Washington, by the public, by the financial press, even by some of its clients. Stalwart voices of Wall Street like the Financial Times and The Wall Street Journal have criticized the firm’s undue influence on government and its ruthless pursuit of risky profits. Venom is flowing from more unlikely quarters as well: A recent Rolling Stone article called Goldman “a great vampire squid wrapped around the face of humanity” and accused it of rigging every major market bubble since the Great Depression.
then for desert read Matt Taibbi’s slam dunk on them:
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.
Not a bad 2nd sentence
I’ll just leave this here.
http://www.opensecrets.org/orgs/summary.php?id=d000000085
remember to wash your hands on the way out
How many AR points will we get for this reading assignment?
Hmm..wonder how many people now wonder what AR points are…
“No balls to educate yourselves”
I see you went to the same charm school as your chubby leader.
Tiabbi is my replacement HST.
Great article!
Why are 6 of the 10 cars being purchased with cash for clunkers foreign cars? Why does Obama hate domestic auto makers?
Mike Protack
Why are 6 of the 10 cars being purchased with cash for clunkers foreign cars? Why does Obama hate domestic auto makers?
*sigh* … I know, I know, don’t feed the trolls…
First of all, they are foreign brands, not foreign cars. Most of the foreign brands being bought under this program are built in the USA.
Secondly, this is part stimulus program, part energy reduction program, and part anti-pollution program. Foreign brands or not, it is a win-win-win.
Thirdly, an American-only subsidy would invite trade retaliation from every auto producing nation on the planet.
Since Obama didn’t buy all 6 out of 10 of those cars, it is hard to say he hates these cars. You are better off asking why consumers making a free choice decided to buy these cars — and in that you’ll find some of the challenges to American car companies.
The assholes at Goldman Sachs are no different than BO’s (or, Bush’s, et. al.) ‘economic advisors.’ They are all Harvard or Yale-educated oligarchs, so-called economic ‘experts,’ who have managed to run the largest economy in the world into the ground. To put your faith in professional parasites, whether bankers or politicians, of any ideological stripe, is akin to thinking self-professed ‘football expert’ Daniel Snyder can buy a Super Bowl. At some point, you need to understand that the political and banking class, at the end of the day, are interested in one thing, and one thing only…power, political or economic.
Maybe some day the lemmings at Daily Kos will figure that out; most conservatives knew it in the 10th grade. And while we’re on the subject of ‘alternative reading,’ try Hayek’s The Road to Serfdom. The cure for ossification is a two-way street…try an alternative route; you might be surprised at what you find around the next bend.