I'm well aware of the absurd political leanings of Wolfie, but spare time and an open schedule until the saloon opens in 40 minutes drove me to hit this link. I suffered through the first 12 seconds, then could stomach no more.
Now I feel foolish for lowering my standards and hitting the link. Worse, my judgement error is forever recorded as the number of "reads" for this post increased when i hit it. 54 reads maybe, but I doubt that many wasted the 17 minutes listening to what surely is a load of steaming horeseshit.
New York Times
Why I Am Leaving Goldman Sachs
By GREG SMITH
Published: March 14, 2012
TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it. (MORE)
March 14, 2012
Unfortunately my factory-working friends who took such a big hit in this latest recession don't read the NY Times. If they saw Smith's article they might then begin to see that it wasn't big government deficits that brought down the economy but this Wall Street "take the money and run" mentality. It's the way American CEOs run our corporations and it is this mentality that destroys morale all the way down to the factory floor.
Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.
It used to be very bad. CEOs screwed up and factories closed, or workers were forced to give concessions and still jobs were lost. And thousands of common stock holders lost their life savings.
But, now it's worse! CEOs still screw up, but some purposely lie about the financial condition of their companies, too. Along with workers and stock holders, because these compnies are "too big to fail", as taxpayers, we all get stuck with the bill!
And all of these giant corporate magnates belong to the Chamber of Commerce. The Chamber then has the unmitigated gall to attack senators like Sherrod Brown for trying to represent common folks and bring some common sense to American government. The Chamber's position is: billions to bail out unpatriotic, money-grubbing, multi-national corporations and their billionaire CEOs, but nothing to help the middle class!
Four minutes, thirty seconds
Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.
John Reed on Big Banks’ Power and Influence
January 27, 2012
Bill Moyers talks with former Citigroup Chairman John Reed to explore a momentous instance: how the mid-90’s merger of Citicorp and Travelers Group – and a friendly Presidential pen — brought down the Glass-Steagall Act, a crucial firewall between banks and investment firms which had protected consumers from financial calamity since the aftermath of the Great Depression. In effect, says Moyers, they put the watchdog to sleep.
$4 for gas, $6 TRILLION wasted on foreign banks, criminal thieving unions, States ruined by tax and waste D's, billions wasted on crony capitalist donors to President Food Stamps, 401K's depleted, personal income down 11% in three years, food inflation soaring, energy costs skyrocketing, 8%+ unemployment for longer than 3+ years-an American Historical record, a Justice Department that kills American citizens via gun running operations gone horrible wrong, allowing Al-Quaeda back into Iraq immediately after fleeing that country, etc.
A vote to re-elect President Poverty, would absolutely be the most insipid & obtuse vote one will ever make in what is left of America !
Which, is why the apocryphal author of this article will...