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Where does the Goldman Sachs money go??
On Apr 25, 10:56*am, bpuharic wrote:
On Sun, 25 Apr 2010 10:24:19 -0400, John H wrote: http://www.opensecrets.org/orgs/summ...?id=d000000085 Goldman Sachs Goldman Sachs, one of Wall Street’s most prestigious investment banks, was also among the many banks in 2008 and 2009 to receive billions of dollars in taxpayer money to help it stay afloat. Like others in the securities industry, Goldman Sachs advises and invests in nearly every industry affected by federal legislation. The firm closely monitors issues including economic policy, trade and nearly all legislation that governs the financial sector. It has been a major proponent of privatizing Social Security as well as legislation that would essentially deregulate the investment banking/securities industry. The firm tends to give most of its money to Democrats. they used to. not anymore. the NY times reported yesterday that, since the begiining of the year, 2/3 of all bribes from the financial sector now go to the GOP. and last week, the chamber of commerce engineered a fund raiser/closed door meeting between 25 hedge fund managers and 2 GOP senators. 'Used to' my ass. This year Goldman Sachs has given two times as much to bribe Democrats as Republicans. Learn to read. Maybe that's why you lost all your money. |
Where does the Goldman Sachs money go??
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Where does the Goldman Sachs money go??
On Sun, 25 Apr 2010 15:20:37 -0400, John H
wrote: On Sun, 25 Apr 2010 15:13:34 -0400, wrote: On Sun, 25 Apr 2010 11:53:55 -0600, Canuck57 wrote: It is probably why Obama is in a snit with Goldman, not enough bribes. -- Obama went after Goldman to push his financial reform package. The government is very likely to lose this case simply because what Goldman did, while sleazy, was not illegal. They want to make it illegal. I suspect the result will be companies like Goldman will be split into two companies (like they had to be before the Clinton administration). There will be a brokerage company and a trading company, not one company doing both.. I suspect that whatever happens to Goldman will be in accordance with the desires of the powers that be at Goldman. Obama isn't going to shoot a gift horse. guess he doesn't read much right now wall street's money is flowing to the GOP |
Where does the Goldman Sachs money go??
On Sun, 25 Apr 2010 12:16:29 -0700 (PDT), John H
wrote: On Apr 25, 10:56*am, bpuharic wrote: On Sun, 25 Apr 2010 10:24:19 -0400, John H wrote: they used to. not anymore. the NY times reported yesterday that, since the begiining of the year, 2/3 of all bribes from the financial sector now go to the GOP. and last week, the chamber of commerce engineered a fund raiser/closed door meeting between 25 hedge fund managers and 2 GOP senators. 'Used to' my ass. This year Goldman Sachs has given two times as much to bribe Democrats as Republicans. Learn to read. Maybe that's why you lost all your money really? is that what rush is telling you to say? i realize that, as a conservative, you never think for yourself, because you're not too bright, but i guess he hasn't forced you to read this: http://www.cbsnews.com/8301-503544_1...83-503544.html Sixty-two percent of the money from that industry has gone to Democrats, and 37 percent to Republicans. (That has changed somewhat recently, the Journal notes: In the first two months of the year, Citigroup, Goldman , J.P. Morgan and Morgan Stanley gave twice as much to Republicans than Democrats.) and this this: http://wallstreetpit.com/23015-repub...al-reform-bill where 25 top wall street execs met with the GOP to bribe them behind closed doors and then there's: http://online.wsj.com/article/SB2000...216461790.html Republicans are stepping up their campaign to win donations from Wall Street, trying to capitalize on an increasing sense of regret among executives at big financial institutions for backing Democrats in 2008. In discussions with Wall Street executives, Republicans are striving to make the case that they are banks' best hope of preventing President Barack Obama and congressional Democrats from cracking down on Wall Street. A complete picture of Wall Street's 2009 campaign donations won't be available for a few weeks. Through the third quarter, campaign-finance reports show that some major Wall Street players began sending an increasing share of their donations to Republicans. Many of those donations came toward the end of this period, because many banks had essentially shut down their political giving at the height of the financial crisis. Through the first nine months of 2009, about 54% of donations from Bank of America Corp.'s political action committee and employees went to Republicans, according to campaign-finance data compiled by the nonpartisan Center for Responsive Politics. That was a switch from the 2008 campaign, when 56% of the company's donations went to Democrats. Shirley Norton, a BofA spokeswoman, said it doesn't base PAC donations on party affiliation |
Where does the Goldman Sachs money go??
On 25/04/2010 12:04 PM, bpuharic wrote:
On Sun, 25 Apr 2010 11:53:55 -0600, wrote: On 25/04/2010 8:56 AM, bpuharic wrote: On Sun, 25 Apr 2010 10:24:19 -0400, John wrote: http://www.opensecrets.org/orgs/summ...?id=d000000085 Goldman Sachs Goldman Sachs, one of Wall Street’s most prestigious investment banks, was also among the many banks in 2008 and 2009 to receive billions of dollars in taxpayer money to help it stay afloat. Like others in the securities industry, Goldman Sachs advises and invests in nearly every industry affected by federal legislation. The firm closely monitors issues including economic policy, trade and nearly all legislation that governs the financial sector. It has been a major proponent of privatizing Social Security as well as legislation that would essentially deregulate the investment banking/securities industry. The firm tends to give most of its money to Democrats. they used to. not anymore. the NY times reported yesterday that, since the begiining of the year, 2/3 of all bribes from the financial sector now go to the GOP. and last week, the chamber of commerce engineered a fund raiser/closed door meeting between 25 hedge fund managers and 2 GOP senators. It is probably why Obama is in a snit with Goldman, not enough bribes. which is great. that's the way the balance of power works in our corrupt political system. the outcome is the same. the enemies get screwed; in this case it's the investment bankers which is just as it should be. but you defend them 'cuz they're rich and they steal from the middle class that you hate No. I play the game as presented to me and don't let, or shall I say try not to let my predispositions in how I think it should work cloud me to how it real does work. I try to divorce my feelings and spend most of the energy at observing and learning. Because at the end of the stock ticking day, it maters not a damn what I or you think, it maters how the market moved and why. People do have the real power, just that they don't turn their brains onto reality always looking for the lazy way out of their self made problems. So like a herd of sheep they follow the Mesiah Obama hoping for the quick fix, in the microwave and all is well. Hey, I don't deny the system is corrupt. That is why it is failing. Doesn't mean I can't make some money trying to pick and back producers. -- Socialism and statism are great as long as someone else pays for it. |
Where does the Goldman Sachs money go??
On 25/04/2010 12:09 PM, bpuharic wrote:
On Sun, 25 Apr 2010 14:06:05 -0400, wrote: I think BP is ****ed that the political donations have a tendency to move the winners early. Especially when coming from large institutions. gee. imagine my disappointment that corruption and bribes can win an election. you a fan of the mexican electoral system, as well as its economic system? So? What are you doing to change it? Vote for the same old corruption parties like Rep and Dem? How about the Tea Party? New faces at least. Or start your socialist party. -- Socialism and statism are great as long as someone else pays for it. |
Where does the Goldman Sachs money go??
On 25/04/2010 12:51 PM, Jack wrote:
On Apr 25, 2:09 pm, wrote: On Sun, 25 Apr 2010 14:06:05 -0400, wrote: I think BP is ****ed that the political donations have a tendency to move the winners early. Especially when coming from large institutions. gee. imagine my disappointment that corruption and bribes can win an election. It's really good to hear one of you liberal admit that's how BO got in, though. Refreshing. BO does know how to lie well doesn't he. I will give him that. -- Socialism and statism are great as long as someone else pays for it. |
Where does the Goldman Sachs money go??
On 25/04/2010 12:57 PM, hk wrote:
On 4/25/10 2:51 PM, Jack wrote: On Apr 25, 2:09 pm, wrote: On Sun, 25 Apr 2010 14:06:05 -0400, wrote: I think BP is ****ed that the political donations have a tendency to move the winners early. Especially when coming from large institutions. gee. imagine my disappointment that corruption and bribes can win an election. It's really good to hear one of you liberal admit that's how BO got in, though. Refreshing. I thought it was because the majority of voters were afraid that if McCain were elected, he'd die in office and Ms. Moron would be president. I will say I was surprised on how many women haters are out there like yourself. Personally most ordinary house wives without Harvard could do a better job of budgeting than Obama from Harvard. -- Socialism and statism are great as long as someone else pays for it. |
Where does the Goldman Sachs money go??
On 25/04/2010 1:00 PM, bpuharic wrote:
On Sun, 25 Apr 2010 14:57:11 -0400, wrote: On 4/25/10 2:51 PM, Jack wrote: On Apr 25, 2:09 pm, wrote: On Sun, 25 Apr 2010 14:06:05 -0400, wrote: I think BP is ****ed that the political donations have a tendency to move the winners early. Especially when coming from large institutions. gee. imagine my disappointment that corruption and bribes can win an election. It's really good to hear one of you liberal admit that's how BO got in, though. Refreshing. I thought it was because the majority of voters were afraid that if McCain were elected, he'd die in office and Ms. Moron would be president. i recently watched the movie '13 days'...about the cuban missile crisis. can you imagine what would have happened if mccain was president...he got senile (as he already is) and palin was pres? we'd all be radioactive ash. Depends, do you follow the rant on Nostradamus. Don't believe in the **** myself but 2012 is supposed to be the big end of it all. Given it is also the year in which Obama faces certain decimation at the polls, why not start a war? Say 666 days after his initial inauguration. He could be an anti-christ. But I think Obama is just a hype turkey jack ass whey in over his head. -- Socialism and statism are great as long as someone else pays for it. |
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