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The Great American Bubble Machine
Rolling Stone Magazine ^ | June 9th, 2009 | Matt Taibbi

Posted on 06/26/2009 8:44:09 AM PDT by fightinbluhen51

click here to read article


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To: LibWhacker
HOw can you say there's no bias here or hatred of capitalism?

Perhaps I wasn't clear.

My contention isn't that Rolling Stone and/or the author aren't pinkos. It's that their pinko-ism is irrelevant to the objective facts laid out in the article.

IOW, it wouldn't matter if Marx himself wrote the piece. The fact remains that the Goldman Sachs (et al) Syndicate is a parasitic structure that thrives by sucking life and production from hapless American families. They do it largely through buying political influence and exploiting Washington cronyism.

Today's "cap & trade" scam is just one lone example. If GS and GE didn't stand to make a fortune from it, it would be happening. However, now our kids get to pay, and their kids get rich. Our kids also get to pay for the 13 bil of taxpayers money they laundered through AIG a la' Paulson also.

Am I making any more sense?

21 posted on 06/26/2009 10:25:44 AM PDT by AAABEST (And the light shineth in darkness: and the darkness did not comprehend it)
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To: AAABEST
If GS and GE didn't stand to make a fortune from it, it would be happening.

*wouldn't*

22 posted on 06/26/2009 10:26:53 AM PDT by AAABEST (And the light shineth in darkness: and the darkness did not comprehend it)
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To: LibWhacker

He may be a leftist fool, and it may have a bias, but if you read the whole article, he even states “this isn’t free market.”

The facts are there, if you choose to ignore them, than I can’t help.


23 posted on 06/26/2009 10:35:40 AM PDT by fightinbluhen51 ("MOLON LABE")
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To: AAABEST
You always make sense, AAA, thanks! :-)

It's an appalling situation, that's for sure. I'm sick over it. Between its homegrown leftists and all the thieving SOBs in high places, America may have just met its match.

24 posted on 06/26/2009 10:37:38 AM PDT by LibWhacker (America awake!)
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To: fightinbluhen51

No one’s ignoring any of the facts. I know the market isn’t free. But I’ll get my facts elsewhere, thanks. I’m sure they’ll survive. No reflection on you whatsoever, fightinblu, implied or explicit. I just can’t tolerate the man.


25 posted on 06/26/2009 10:46:53 AM PDT by LibWhacker (America awake!)
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To: AAABEST

Well said.

GS has far too much power and they will wreck everything if they are not stopped.


26 posted on 06/26/2009 10:53:54 AM PDT by crazycat
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To: LibWhacker

free republic salute to you :-).

I understand, that’s why I prefaced my disgust and distaste for the Rolling Stoned as well.


27 posted on 06/26/2009 10:56:56 AM PDT by fightinbluhen51 ("MOLON LABE")
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To: fightinbluhen51

The SEC just requested a copy of the new movie about this called Stock Shock. Finally doing something pro-active!!!! Article here:
http://satwaves.com/blog/2009/06/26/sec-investigating-illegal-naked-short-selling/


28 posted on 06/26/2009 12:49:00 PM PDT by Denise Hubbard (stock shock sec)
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To: fightinbluhen51

This is why we’re screwed. The truth will alwasy tarnish both sides of the political aisle, and some (if not most) will not stand for their sacred cows being slaughtered. So the truth is ignored, and the inevitable marches on.


29 posted on 06/27/2009 12:15:50 PM PDT by Wolfie
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To: fightinbluhen51
This is one of the most important articles I've read in the last few years, and one that every free person in America should read.

Bernie Madoff was a piker compared to these guys.

30 posted on 07/01/2009 3:54:55 PM PDT by jpl (Help us Obambi Wan Kenobi, you're our only dope.)
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To: LibWhacker
Nope... you NEED to read the complete article... and you need to make a little time to read it through... Goldman Sachs really reamed the taxpayers... the insurance companies... the institutional investors... with their scams.

And if you were paying over $4.00 a gallon for gas last summer... guess what? Goldman Sachs was behind it... at the time oil rose to $147 a barrel... the demand for oil was declining and the stockpile of oil was increasing... in short... the commodity market should have worked and lowered the price of oil... instead... oil went from $60 a barrel to $147 a barrel...

And that was only one bubble that was created by Goldman Sachs... the writer exposed 5 of them and the future 6th bubble that will dwarf them all... cap 'n trade... carbon credit commodity markets...

You NEED to read that full article... not the excerpts... and believe me... you WILL get pissed at GS...

31 posted on 07/25/2009 5:25:41 PM PDT by John123 (Turn on your teleprompter Obama and read your lips... "No New Taxes!!")
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To: jpl
Bernie Madoff was a piker compared to these guys.

I just finished reading the complete article and boy! I was pissed... my neighbor actually heard me muttering in the back porch and came over to ask me why... LOL!!

Seriously... Goldman Sachs is screwing everyone royally... and get this... in 2008 alone... guess how much taxes they paid? LESS THAN 1 freakin' percent!!

They screwed everyone in United States with their schemes... and then shipped off their revenues to low tax countries...

32 posted on 07/25/2009 5:28:47 PM PDT by John123 (Turn on your teleprompter Obama and read your lips... "No New Taxes!!")
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To: AAABEST
Our kids also get to pay for the 13 bil of taxpayers money they laundered through AIG a la' Paulson also.

Absolutely... everyone on FR should be reading the complete article... boy, I'm really steamed about this... I remember how much I had to pay to gas up my truck last year...

And GS just gets a hand slap and to add insult to injury... GS just ships their revenues offshore and paid less than 1% in taxes... grrrr!

33 posted on 07/25/2009 5:32:47 PM PDT by John123 (Turn on your teleprompter Obama and read your lips... "No New Taxes!!")
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To: AAABEST

Good post.


34 posted on 07/25/2009 5:33:53 PM PDT by Richard Kimball (We're all criminals. They just haven't figured out what some of us have done yet.)
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To: hennie pennie

bookmark


35 posted on 12/01/2009 9:06:13 AM PST by hennie pennie
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To: FromLori
*ping*

note: this article was posted several times

36 posted on 12/01/2009 9:11:15 AM PST by hennie pennie
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To: hennie pennie

Your going to get a kick out of this one

http://www.businessinsider.com/vanity-fair-talks-about-the-marc-spilker-shrubbery-incident-2009-12


37 posted on 12/01/2009 2:41:26 PM PST by FromLori (FromLori)
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To: CondoleezzaProtege

How does Palin fight these kind of multi-billionaires?


38 posted on 12/17/2009 4:52:23 PM PST by hennie pennie
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To: hennie pennie

I know what you mean. I’ve been thinking the same thing. Well Romney already lost once—even with all that money, doesn’t mean he can’t lose again!

here are a few things for starters:

1) Palin already has the advantage of having gone through the harshest parts of the media meat grinder. So there honestly aren’t any more smears left that’ll resignate with the public—I don’t even think her resignation will matter to voters that much.

2) She understands the media better now and she’ll work all the tools at her disposal (facebook, youtube, talk radio) to her advantage. She also has a very LOYAL grassroots base, who will be willing to donate money (every cent helps) and campaign for her (with no pay.)

3) We already know Palin has the talent to do well in debates and the ability to skillfully expose her Republican opponents’ hypocrisy and flip floppy records without outright disrespecting them. Hopefully that alone will damage the credibility of other candidates.

4) THere needs to be a huge threat looming of a substantial Third Party uprising “should Palin not be the candidate” (but not before then!)—For some reason I doubt Palin herself would lead such a ticket and she’d ultimately back a mediocre Republican if the stakes are high enough (4 more years of Obama) —but the Romneys of the world need to know that the base + tea partiers will not just “settle for anyone” anymore.

(and I don’t want to think about the potential of a “Romney/Palin” ticket—oye and I would not be thrilled w/ Romney as a runningmate either.)

5) It’d be helpful for moderates in the primaries to take away Romney votes.

6) Huckabee needs to not run, so he won’t split votes that would go to Palin.

7) Conservatives in the media need to start NOW in exposing the GOP establishment for what it is.

8) We all need to pray, campaign, and vote real hard!


39 posted on 12/17/2009 5:29:38 PM PST by CondoleezzaProtege ("When I survey the wondrous cross...")
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To: CondoleezzaProtege

I cannot seriously believe that Governor Palin would run as VP, and I definitely don’t believe that she’d ever run again with a RINO.


40 posted on 12/17/2009 5:32:57 PM PST by hennie pennie
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