Goldman Sachs hires to defend themselves, and how brilliantly they execute their legal strategies, they have the problem that their actions simply do not pass the smell test with ordinary Americans. Looking at the letters to the editor in the NYT today, and listening to the callers to the Warren Olney NPR program last night, it is clear GS has zero sympathy in the nation.
We read that GS employees are "rallying" to defend Blankfein, but frankly, if I were given a bonus of $750,000k on average I would defend him, too.
when the news background is going to be full of talk about Goldman Sachs treachery, lawsuits against it by other banks, and possibly more such indictments? Just a damn, damn shame Senate rules do not permit a real, physical filibuster.
Bicycling past an ITT defense plant in NJ yesterday, I saw a shocking display of Teabagger nativism and ugliness. Pickets displaying the offensive Obama sign were carrying signs calling for the removal of all "Asian" H1B work visa holders from the country.
Their racism is expanding beyond black to include Orientals and Asian Indians. Is this an emerging them for them?
Before proceeding with the HCR roadmap, Obama should ask for an hour of TV time to explain to the American people facts like these, and why they are a major reason he and the Democrats are plowing ahead.
Given the importance of blocking HCR to Republican prospects, you may be inclined to think we tolerate mass, preventable death in order that Republicans may live.
and therefore suspect that the openness of Nelson, Landrieu, et. al. to reconciliation must mean they think the likelihood they will have to put their money where their mouths are is very small. They must be sure the House will balk, making Senate action academic.
because it suggests the Federal Reserve thinks the financial system is healthy enough to start returning to normalcy. When they start to raise the Fed. Funds rate, that will start to bite into bank profits derived from the "carry trade", which is just public charity.
I fail to understand why the taxpayer has to be exposed here. Why can't the vaunted free enterprise system handle this all by itself, without government involvement aside from safety issues? Why the corporate welfare?