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Default 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.
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