Bailout King Wants to Challenge Jerry Brown. Good Luck With That.

[unhappycamper]

http://smirkingchimp.com/thread/richard-eskow/52808/bailout-king-wants-to-challenge-jerry-brown-good-luck-with-that

Bailout King Wants to Challenge Jerry Brown. Good Luck With That.
by Richard Eskow | November 21, 2013 - 9:55am

Neel Kashkari is a former Goldman Sachs Golden Boy who left that infamous organization to join the Treasury Department, where he was responsible for overseeing $700 billion in bailouts to his former employer and other Wall Street firms. Now he wants to run for governor of California on that record.

~snip~

Mr. Kashkari spoke with the Los Angeles Times in a Southern California center for the homeless, which the Times tells us is meant to underscore the idea that he is "a different kind of Republican." What it really underscores that he has some kind of nerve. Goldman Sachs played an integral role in the epidemic of mortgage fraud which drove millions of homes into foreclosure and robbed many pension funds of working people's retirement assets.

Goldman Sachs CEO Lloyd Blankfein oversaw the firm as it hacked away at Americans' pension resources. Now he's compounding his sins by participating in Fix the Debt, a group dedicated to further harming older Americans' financial security by cutting Medicare and Social Security. Blankfein's the banker who said his firm was doing "God's work." Now Kashkari's announcing his political ambitions at a charity for the homeless.

~snip~

If Goldman Sachs has been doing God's work, then God must love the homeless nearly as much as Mr. Kashkari would have us believe he does. Banker fraud around mortgage-backed securities caused the number of homeless to soar in California. More than 1.7 million homeowners and been foreclosed upon in that state since 2008.

[FreakinDJ]

1. I say let them "Throw Away" their money

Calif. doesn't vote for these Mega-Money Types