Goldman Sachs: One 's----y' deal

Let's spend less time focusing on four-letter-words from Democrats and more time on the catastrophic fraud unleashed by Wall Street and the GOP's defense of these tactics.

http://www.political-buzz.com/

Catastrophic fraud matt? Yeah, it's pretty bad.

But why do you suppose no criminal charges have been brought? Why is no one in jail? Who are Levin & co. protecting? Who are they shafting?

I am watching the hearings and am spell bound. It proves what I have been feeling for years about those who obtain great seats of power. To keep them,you have to walk right on the line between the San Souci and San Quentin.
It is difficult to figure out who is being grilled, since everyone on the committee has taken hundreds of thousands from Goldman and the President millions. This reminds me of Rutledge`s defense of slavery in the classic play," 1776," Who sails the ships out of Boston, laden with Bibles and rum? From Boston to Charleston to the Ivory Coast, tell me brothers, who stinketh the most."
Tell me readers who stinketh the most, the corrupting crooks who looted retirement funds or the ploitical figures who took their money and looked the other way?
Charles B. Tiffany
kissimmee, Florida

GOLDMAN SACHS SPEAKS! It was Henry's fault! Blame Obama! Just not Dick! Just not Cheney! It was the PACHMAN REPORT! It was the GOP Theft by Deception Axis of Evil "Pelican Brief." Stop the press! The stakes were too high! No "12 Million Z People" No 12 Million Private Social Security Accounts in Dubai! It was always about "civil rights." It was always about THE GUIDELINES! Greenspan just followed the new and improve GOP Home Ownership Alliance! Just check the box! Just check the box! 100% NO INCOME NO ASSETS FOR YOU! Done Deal! 100% Investment Financing for you! Just sign here! Just check the box! 620, 640 680, 720 You're approved! You're approved! Who needs "reserves." Get Long Beach on the phone! They got deals yes they do, they got deals just for you! Who KNEW! Bush Knew! Cheney Knew! McCain Knew! Kyl Knew! The Boehner and the Blunt Knew! Baubour Knew! Mr. I got 100 Million "katrina" Dolllars! Just for me! Just for me and my family! Henry Knew! Paulson Knew! They all Knew! It was always about 4.9 Trillion Dollars and a 700 Billion Dollar deal or no America Reconciliation Augmentation Deal or NO DEAL! 125% for YOU and YOU TOO! You Qualified! We didn't!

Very relevant synopsis...

Jim Rickards - Trust in Free Markets is Dead:

Welcome to Pluto

As Rickards correctly points out Washington had no idea of the depth of the financial crisis. The wealth transfer and looting of this country continues unabated while the chasm between the rich and the poor widens. The destruction of the middle class is irrelevant to the modern day pirates, they must have their treasure at any cost. As Jim notes, “The winners like Goldman Sachs made sure to collect.” The last two sentences of Jim’s piece summarize the situation nicely and are in line with top professionals who ask today, “What is real anymore?”

http://tinyurl.com/2b6db4h

If only we could get as much candor as contained in this email about the rest of the sh***y deals Wall Street and its enablers in the government have laid on the economy. Deals like the eviscerating of Glass-Steagall, for instance. As we saw yesterday, there is in the Senate a stubborn right wing group that doesn't even want to discuss diluted regulatory measures to make future shitty deals less sh***y.

WHILE PRES OBAMA TALKS FINANCIAL REFORM IN NY, SENATE REPUBLICANS HOLD SECRETIVE FUNDRAISER WITH WALL STREET LOBBYISTS:
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http://yglesias.thinkprogress.org/archives/2010/04/while-obama-talks-financial-reform-in-new-york-senate-republicans-hold-secretive-fundraiser-with-wall-street-lobbyists.php
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Bush Speaks! The Fundamentals of the Economy are strong, Job creation is on the rise! McCain Too! Don't worry! Don't worry! We got this! We got Immunity, Protection and No Liability! It was "Augmented." It was Theft by Deception! It was always about this land is not your land from California through Hawaii! The Fundamentals of Cheney/Bush Economy was strong! Theft was on the rise! Deception was always being created! It was always about "private Equity" in Dubai! It was always about the consolidation of you unto THE SECRETARY! Because by striking United States Attorney General while in the consultation of the banks, the investors, and the buyers, by inserting "Derivatives" for you and me! Stop the press! The GOP Stakes were always too high! It was like "Lichtenstein." It was like the "Augmentation of the War." It was like FISA! It was always about "portal domination." It was like QWEST vs Mathew Pachman all over again! It was like WORLDCOM, just say you're broke! McCain's got this! It's Iseman on the CAKE!

Does anyone know who the abused counter-parties that Goldman took advantage of? Are these counter-parties pressing charges?

Who knew? All of them...top demoncrats and republicans. However they weere clueless how bad the fall was gonna be. Now they are playing the blame game to get out of the shoud of responsibilty.

Vote all imcubants out...at all levels...irrespective of party lines.

Institute term limits for all public offices.

Eliminate canpaign contibutions and corporate funded political ads.

VOTE ALL IMCUMBANTS OUT!

Way to go, Senator Levin !! Show them Morons from Madison Ave. and the Weasels of Wall Street, that , " Aw, shucks.", ain't gettin it. Let's throw all of those stupid, bubbling idiots, masquerading as " experts ", into our finest jails, enforce the Rico Act and put all of those bonuses, back into our Treasury. That includes all of the money the lobbyists are doling out to the Republican-Libertarian-T.Bagger, Obstructionists, that are denying the majority in our Senate, the Democrats, the ability to present the Wall Street Reform bill from debate. Throw all those bums from Wall Street, and their lackeys that are preventing a national debate on reforming the Wall Street casinos, into our jails and charge them a thousand dollars a day for food and board !!
SUPPORT OUR TROOPS, BRING THEM HOME, ALIVE AND WHOLE. NOW.

I am watching the hearings and am spell bound. It proves what I have been feeling for years about those who obtain great seats of power. To keep them,you have to walk right on the line between the San Souci and San Quentin.
It is difficult to figure out who is being grilled, since everyone on the committee has taken hundreds of thousands from Goldman and the President millions. This reminds me of Rutledge`s defense of slavery in the classic play," 1776," Who sails the ships out of Boston, laden with Bibles and rum? From Boston to Charleston to the Ivory Coast, tell me brothers, who stinketh the most."
Tell me readers who stinketh the most, the corrupting crooks who looted retirement funds or the ploitical figures who took their money and looked the other way?
Charles B. Tiffany
kissimmee, Florida

Posted by: Charles B. Tiffany | April 27, 2010 1:21 PM

Charles, They Both Stink. And while Senator Levin shows the world that he has a "potty mouth," and the Left Wing Crazies and the Right Wing Fanatics blame each other for the financial meltdown (even resorting to name calling) on many of the posts, the World Stock Markets tumbled today after Greece's bonds were lowered to junk status, and there were reports that Spain and Portugal were going to be the next Greece. And locally in Chicago it is feared that thousands of teachers and staff may be laid off by the Chicago Public Schools. What a big mess!

The Repugs are doing everything in their power to turn a fall election, which should favor them (the minority party always picks up seats after a Pres election) into another self inflicted disaster for themselves.

2/3rds of Americans Support Wall Street Reform But Senate Republicans Block It
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http://caffertyfile.blogs.cnn.com/2010/04/27/23-of-americans-support-financial-reform-but-senate-gop-blocks-it/

The 1/3 of Americans who enjoy being robbed by the big Wall Street robber barons are the "Real-American" Teabagger Republicans who think that being fleeced by a bunch of Wall Street greedheads is a point of pride. The rest of us are clearly failing to perform our patriotic duty of fellating Wall Street.

Heckuva Job, Wingnuts! I knew you would blow it!

Who raised these people? They are moral compass-less.

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Who are Levin & co. protecting? Who are they shafting?

Posted by: Kathy | April 27, 2010 1:20 PM
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Bobby's Mommy sock-puppet,

Levin & co are having hearings today, that hardly qualifies as "protecting them".

As usual, these are the guys who are protecting the Wall Street greedheads.

VIDEO: Bank Lobbyists Huddle For Another Secret Meeting With REPUBLICAN Senators

"Earlier today, President Obama traveled to New York to tell the nation’s most influential bankers to call off their "battalions of financial industry lobbyists" and embrace a new regulatory structure meant to avert another economic crisis. But around the same time back in Washington, D.C., bank lobbyists hosted a fundraiser for Senate Republicans, including Sen. John Cornyn (R-TX), who has become the Republican liaison for Wall Street fundraising."
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http://thinkprogress.org/2010/04/22/another-gop-bankfundraiser/
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SINCE 2004, BIGGEST WALL STREET FIRMS GIVE MOST CASH TO THE REPUBLICAN PARTY

"Throughout the past year, Republicans in Congress and top Wall Street banks have been working together in a symbiotic relationship in which the GOP works to water-down financial regulatory reform in exchange for campaign cash. The Wall Street Journal reports that the pact seems to be paying off, at least for the GOP:"

*
http://thinkprogress.org/2010/04/27/wall-street-donations-gop/
*

FITZ,

What does Madison Avenue have to do with Goldman Sachs? IS this a scandal of Big Advertising?

As Abe Lincoln once said "Better to remain silent and be thought a fool, then to open your mouth and remove all doubt"?

Trickled On,

The repeal of Glass-Steagall did help cause this problem. The portion of Gramm-Leach-Billey Act that loosened mortgage lending standards help start this tidal wave.

Methinks that the Republicans are hard-pressed in coming up with a new rationale for supporting Wall Street Reform since their Frank Luntz inspired "it's a bailout" right wing meme was such a craptacular failure, provoking guffaws after jaw dropping shock.

It also helps the Dems that Goldman Sachs execs have displayed their craptacular arrogance on C-Span for all the world to see.

The commercials for the 2010 midterms are writing themselves.

"Republican Senator Xxxxx voted against Wall Street regulation three times." Oops: "Republican Senator Xxxxx voted against Wall Street regulation four times." Want to go for five?

Triple H - Now you want to refer to polls as to what the American people want? Where were you with the health care debate, you hypocrite?????????

I see that the Senator Ben "The Whore" Nelson from democrat is backing out from finanical reform since he can't Warren Buffet an exemption for his $63 Billion derivative portfolio. I guess its time for Cornhusker Kickback Act Two

Blankstein Speaks! Hee Hee Haw! Haw! You bought it! America bought it! The Investor bought it! We just sold it! We just said Hey Where Out Thou Brotha! Oh where oh where is that 620, 680, FICO Man or Woman at oh where oh where are they at! Bundled! Bundled! We were all "Trespassing on the GOP Housing Market First Degree." Check the box! Check the box! We want the "surplus." We want the "Surplus." 100% Loan To Value for you aka 100% LTV! 80% now and 20% from "Those Guys" works for us! Just check the box! Hispanic! Latino not caucasion/latino alike! Just check the box! Single! Married (JWROS) We got Survivors! We got Survivors! 100% for you! Because if it smells like "Schmidt" Then it is "Schmidt." It was always about "civil rights." It was always about NO INCOME NO ASSETS! NONPRIME vs SUBPRIME! 720, 740 125% For YOU! Just YOU! YOU LIE! 20% down deal or no deal! No Loss no Profits! It was the Home Ownership Alliance just for you! Call Rick! Call RE NZO RE NZO Because BINGO Was HIS GAME! Just don't blame PACHMAN! Just OBAMA! Just the American People! Just the "QUALIFIER" You did! We didn't! NONPRIME vs SUBPRIME! Hee Hee Ha Ha! Hee Hee ha ha! Like my smile! It was like QWEST vs AT&T one portal to the next! It was always about "portal domination." Verizon KNEW! AT&T KNEW! Just not Greenspan! Just not YOU! Just not the INVESTOR! Just not FANNIE/FREDDIE, Just Rick! Just DAVIS! We never thought of it!

Stop! Stop! What page! Page? Okay! What About It! Huh! What About it! Senator! But Senator I'm not this, I'm not that! He checked the box! She checked the box! They 'Qualified." So what if was a LIBOR deal or no DEAL! Clueless is just What page! Page? Okay! What About it! Huh! What About it! Senator! But Senator I'm not this, I'm not that! NONPRIME failures better than SUBPRIME failures! It's like QWEST vs AT&T, VERIZON WIRELESS, WORLD COM and etc. etc. etc.! SNAKES! What SNAKES! Like my SMILE! But Senator! But Senator! 1.5 Billion! What is that! Seriously! Senator! What is that! 200 Billion to J to the P! For what! A Bear with no STERNS! I'm not that! NONPRIME with NO DEBT just us! Just a BUNDLE of yo goods, his goods, and all the GOODS 6 Billions of DOLLARS! Get out of here! Seriously! SENATOR! Who's your lender! Who's your Mortgage Company? Not me! Come on! What page! Oh that page! Like my smile! Come one you lost 9 billion off a Truck in Iraq! What is that! SENATOR seriously! It was always about the Home Ownership Alliance Lichtenstein Drink the TEA let's have a PAR-TAY later! The GETBACK the GOP PAYBACK! Senator! Who's your "SERVICE PROVIDER?" Never heard of them!

Sen. Levin was quoting an e mail, not using the "s" word himself....

Today market started to tank. In-bed-with financial commentators blamed it on some bad Greek pastries....

However, I think the licking Goldman took today by the Senate Govt Affairs Investigations committee may have had a little to do with the decline :--))

They'll be running the tape of Sen Levin's cross examination in Wharton School seminars for years to come, on how to prepare your ass for grilling.....

As Jimmy Paige once wrote - or was it Robert Plant? - "It makes me wonder". I wonder what defect it is in the psychological makeup of a group of human beings that would have them putting the health and well being of millions of other human beings behind the private profit of a very few. Most of these lawmakers who live in the pockets of the Plutocracy call themselves "Christians". Have they ever made a serious study of the books? You know! - Matthew, Mark, Luke and John? - Those guys! How do they justify their actions? How do they sleep at night? We're talkin' major hypocrisy here! That's what makes them so much fun to watch! I always get a certain twisted delight in watching their fake piety. Imagine Wendy O. Williams being cast as Bernadette of Lourdes; or Marilyn Manson as Mahatma Gandhi. It's kind of the same thing.

Sooner or later our right wing friends, within the Congress and without, are going to be forced to admit that the era of anything goes deregulation was a really stupid idea. You can only sit calmly in a burning house, ignoring the flames all about you, for just so long. Sooner or later you'll be forced to flee for your life. After making your escape, if you still refuse to acknowledge that the house is indeed on fire, you're beyond the point where you can make rational decisions on your own. You've entered Librium Country, hombre!

http://www.tomdegan.blogspot.com

Tom Degan

Can you say "Stalinist show trial"?