Philosophical truth about capitalism [very basic]
George Washington: “Government is not reason; it is not eloquence; it is force. Like fire, it is a dangerous servant and a terrible master.”
Here’s the the problem with government power in the nutshell — corrupt people gravitate toward easy money. Right now, the easy money is found through D.C. mispending tax money and misusing Federal power [such as Kelo]. It’s really that simple. Honest money is earned in the private sector. You have to work for that. No, not completely honest — but the buyer is a better caretaker of his wealth than the government ever will be.
Government control can appear helpful if good leaders are in charge. But good leaders are precious few. Ambition comes mainly from selfish desires. The best leaders of government don’t even want the job. Example — George Washington. They wanted to make him king. He didn’t want it. He resigned after eight years of president. Seeking no perks, he hated the job.
Contrast that with FDR, Bill Clinton, and Obama.
FDR was the only president who to remain in power beyond eight years. He wanted the job. How did he lead? Ham fisted government control. What was the result? Perks to cronies, more centralized government power, and a lenghtened, deepened recession.
Destruction of the US court system through a threat to pack the courts. An amendment DEMANDING that presidents must step down after eight years, and also amending the Constitution to prevent more than nine justices — the closest thing to a Magna Carta on Prince John we have had to date.
Bill Clinton — not satisfied with eight years, sought to make wife president. Tireless work. Ramped up risky loans which led to the 08 Meltdown. Sought to regulate firearms. Escalante Land Grab which barred us from cheap, clean burning coal. Payoffs from China. Nukes to China for campaign cash. Corruption that made him cowtow to Islamic fanatics for oil, a weakness that led to 9-11. Took control of national media, leading to massive misinformation to voters. Desired gatekeeper of internet to stop “lies” about a tax funded mistress.
Obama — plenty known about him in recent news.
More in-depth and particularly about Goldman Sachs:
Someone told me: “Membership in the Fed is not secret.” I admit, I don’t know much at all about that.
“Based on the way Greenspan propped up Goldeman Sachs. When did Greenspan do that?”
It was right after the Red Chip scandal in the late 90s. Sachs was given special treatment, threatening to go under without a government loan. Greenspan gave them that.
“I didn’t see any Paulson comments about Kanjorski’s run on the MMAs.”
Maybe so, but Paulson is convinced that Russia and China orchestrated the meltdown. That’s more significant, don’t you think?
“If Soros were involved, Obama gave him a payoff with Brazilian oil. Goldman Sachs received payoffs. Yeah, sure.”
Obama Helps Soros Drill For Oil In Brazil | Sweetness & LightFrom RIGZONE:
US Ready to Finance Oil Drilling in Brazil EFE News Services 8/5/2009 The US government is prepared to provide up to $10.
Counterpoint can be found by FactCheck, which I told is run by Annenberg [who supports America-hating terrorist Bill Ayers and tweaked the vetting of Obama]
As for Goldman Sachs, it’s a sleazy firm from the word “go”. They have made out like bandits since the meltdown. It doesn’t take a rocket scientist to guess they knew it was coming and planned accordingly.
Wall Street’s Bailout Hustle
On January 21st, Lloyd Blankfein left a peculiar voicemail message on the work phones of his employees at Goldman Sachs. Fast becoming America’s pre-eminent Marvel Comics supervillain, the CEO used the call to deploy his secret weapon: a pair of giant, nuclear-powered testicles. In his message, Blankfein addressed his plan to pay out gigantic year-end bonuses amid widespread controversy over Goldman’s role in precipitating the global financial crisis. The bank had already set aside a tidy $16.2 billion for salaries and bonuses — meaning that Goldman employees were each set to take home an average of $498,246, a number roughly...
Goldman profits on both AIG’s collapse, breakup
More about Goldman Sachs:
Goldman Denies It Bet Against Clients
In rare letter to shareholders, Goldman denies double-dealing
Wall St. Helped Greece to Mask Debt Fueling Europe’s Crisis ...50 posts - 22 authors - Last post: Feb 14
Der Spiegel: How Goldman Sachs Helped Greece to Mask its True Debt .... to understand that all of this stimulus money and public spending has to be paid back. ... a bad name by labeling the array of shenanigans as Crony Capitalism. .... Disclaimer: Opinions posted on Free Republic are those of the ...