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Papantonio: Goldman Sachs Caused Greek Economic Collapse

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GoLeft TV Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-10-10 09:05 AM
Original message
Papantonio: Goldman Sachs Caused Greek Economic Collapse
 
Run time: 04:22
https://www.youtube.com/watch?v=V7pY8NkR6dc
 
Posted on YouTube: March 09, 2010
By YouTube Member: golefttv
Views on YouTube: 29
 
Posted on DU: March 10, 2010
By DU Member: GoLeft TV
Views on DU: 1213
 
The GOP is deathly afraid that the United States could soon be facing a problem like the one in Greece, where the country is teetering on the brink of bankruptcy. They're actually correct - only because nothing has been done to reign in banks like Goldman Sachs who actually caused the meltdown in Greece. Mike Papantonio appears on Fox Business's Bulls and Bears to set the record straight.
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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-10-10 09:13 AM
Response to Original message
1. Goldman Sachs should have it's corporate headquarters *renovated*
Like Sam Adam's compatriots used to do to the British Governors -- renovate it to the ground. Hank Paulson and all the other GS cronies would look good in tar and feathers.

:grr:
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PDJane Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-10-10 10:47 AM
Response to Original message
2. Anyone with a decent economics education
Could tell these people what's wrong with their hypothesis. The system is top heavy.

By the way, not only did Goldman Sachs get Greece into this mess, they helped to cover the mess up.
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Gman2 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-10-10 12:35 PM
Response to Original message
3. We should be more afraid that we will be branded shysters, conmen and crooks
Maybe even feel their spears.
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blackbart99 Donating Member (421 posts) Send PM | Profile | Ignore Wed Mar-10-10 02:14 PM
Response to Original message
4. Since GSachs basically runs our Govt.....
nothing will be done. They make the trades and they make the rules. What a sweet deal.
:crazy:
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