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Goldman Sachs and the financial destruction of Greece. (Original Post) Ichingcarpenter Jan 2016 OP
And now they are sponsoring one Democratic candidate... Betty Karlson Jan 2016 #1
Amen to that. And far from being scared of them, many invest in them. raouldukelives Jan 2016 #3
As an organization, they are interested in only one thing..... paleotn Jan 2016 #7
Years ago I listened to a couple of MBA students from the jwirr Jan 2016 #10
Thanks. deathrind Jan 2016 #2
Goldman is... EdwardBernays Jan 2016 #4
Thanks for posting TubbersUK Jan 2016 #5
Bookmarked for later nxylas Jan 2016 #6
Would you vote for Goldman-Sachs to be president? Silly question? rhett o rick Jan 2016 #8
Your question would make an excellent campaign ad for Bernie. jwirr Jan 2016 #11
Since Citizens United says that corporations are people, why not Goldman-Sachs for VP rhett o rick Jan 2016 #12
I think there could be many excellent varieties of this idea. jwirr Jan 2016 #13
might as well.... paleotn Jan 2016 #14
Very juicy. Turbineguy Jan 2016 #9
Most of Hillary's top donors are criminal enterprises. TIME TO PANIC Jan 2016 #15
Michael Lewis in "Boomerang" wrote about this very clearly. erronis Jan 2016 #16
 

Betty Karlson

(7,231 posts)
1. And now they are sponsoring one Democratic candidate...
Sat Jan 30, 2016, 07:20 AM
Jan 2016

Frankly, I'm scared of Goldman Sachs, and anyone associated with them.

raouldukelives

(5,178 posts)
3. Amen to that. And far from being scared of them, many invest in them.
Sat Jan 30, 2016, 08:29 AM
Jan 2016

But then I've found most people don't really believe in personal responsibility. Only for others.

paleotn

(17,911 posts)
7. As an organization, they are interested in only one thing.....
Sat Jan 30, 2016, 09:56 AM
Jan 2016

...making money and don't really give a damn how that's accomplished. Strip away the glitter and aura of sophistication, and you have an organization no better and certainly no more ethical than a Mediene drug cartel. I would say they're worse. The same applies to the majority of financial firms from JP Morgan to UBS. Goldman is arguably in the top 10 most powerful organizations on earth, and that list also includes nation states.

As for American politics, they know the Republicans from Trump to Cruz are already in the bag, but extremely likely to lose. So they invested heavily in the presumptive Democratic nominee and do expect a handsome return on they're investment, American people be damned. Hill, like Bill, will be more than happy to oblige.

jwirr

(39,215 posts)
10. Years ago I listened to a couple of MBA students from the
Sat Jan 30, 2016, 11:54 AM
Jan 2016

University of Iowa talking about "when is it okay to lie." It was the subject of one of their classes. That was in the 70s. By then the University of Chicago had already fielded whole teams of Chicago Boys to South American countries to use what we now know as trickle down theory to destroy whole economies.

I don't know what came first the colleges or the Wall Street corporations but we have been doing this all across the world and it is NOT working for the people of the world.

Can anyone post the main points for those of us who are not good at navigating a computer?

EdwardBernays

(3,343 posts)
4. Goldman is...
Sat Jan 30, 2016, 08:31 AM
Jan 2016

Also is a major contributor to the Center for American Progress, which was started and is owned by her Campaign Chairman.

nxylas

(6,440 posts)
6. Bookmarked for later
Sat Jan 30, 2016, 08:50 AM
Jan 2016

I've seen the destruction first-hand. But of course it's all the fault of those lazy Greeks for their lack of a Protestant work ethic, right?

 

rhett o rick

(55,981 posts)
8. Would you vote for Goldman-Sachs to be president? Silly question?
Sat Jan 30, 2016, 10:21 AM
Jan 2016

There are a lot of Dems that would answer in the affirmative. H. Clinton and Goldman-Sachs have a tight relationship. I think one could make the argument that she is on their payroll. One can't make the argument that the hundreds of thousands they've given her for her enormous private wealth was for speeches. How gullible to think that a corporation needs speeches from her to help their bottom line. Paying politicians for speeches is a very obvious way of paying them off, come on, let's call it what it is, GRAFT. Corporations are interested in the bottom line and speeches don't help that. But those giving the speeches may be in a position or get in a position to be a big help. How much is it worth to Goldman-Sachs to prevent bank reform? Billions? Tens of billions? A half million dollars invested in a politician might really effect their bottom line ala. Halliburton.

 

rhett o rick

(55,981 posts)
12. Since Citizens United says that corporations are people, why not Goldman-Sachs for VP
Sat Jan 30, 2016, 12:10 PM
Jan 2016

with H. Clinton. She is, after all embracing Citizens United.

paleotn

(17,911 posts)
14. might as well....
Sat Jan 30, 2016, 01:16 PM
Jan 2016

... the Goldman door to the White House is well known. They've had over sized influence in every administration since maybe LBJ. And not just in the US. Seems more like an international crime syndicate, only they're never prosecuted since they either influence or just write the laws themselves.

http://www.cbsnews.com/news/goldman-sachs-revolving-door/

Not just Goldman either. Big Finance virtually controls the Fed.

http://www.bloomberg.com/news/articles/2015-01-30/fed-s-revolving-door-spins-faster-as-banks-boost-hiring

erronis

(15,241 posts)
16. Michael Lewis in "Boomerang" wrote about this very clearly.
Sun Jan 31, 2016, 01:07 PM
Jan 2016

There are several countries that the banksters have gone into with the intention of stealing whatever they can. No thoughts about the damage caused to the country or the citizens. Of course, this usually involved some officials in the countries on the graft. Bribed. Threatened. Whatever.

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