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GOP Rep. Darrell Issa Initiates Investigation Into SEC's Goldman Suit
CBS News ^
| April 20, 2010 5:20 PM
| Nancy Cordes
Posted on 04/20/2010 3:52:31 PM PDT by BP2
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To: AndyJackson
I agree that GS isn't some sort of hero here, nobody has said that and it's odd you did. I strongly disagree that finding out why Obie took massive amounts of money from GS, hired former GS bigwigs and is behind a pseudo investigation of wrongdoing at GS is very MUCH a winning issue here.
21
posted on
04/20/2010 5:20:27 PM PDT
by
cake_crumb
(President Reagan on ObieCare: http://www.youtube.com/watch?v=fRdLpem-AAs&feature=player_embedded#)
To: BP2
A waste of time and a distraction. Fascist dictatorship = companies and president teaming up together...that’s what we have. Paulson was head of GS, so this charge was purposed by Obama and GS to distract from GS’s real crimes which under this regime will never be uncovered.
Campaign donations, favors, accusations of fascism should be raised in front of a camera...not this.
22
posted on
04/20/2010 5:25:42 PM PDT
by
CincyRichieRich
(Keep your head up and keep moving forward!)
To: BP2
Could be, but I wonder if it’s not the best idea for the GOP to be on Goldman Sachs side on this one. They are a pretty slimy bunch.
23
posted on
04/20/2010 5:33:51 PM PDT
by
VictoryGal
(Never give up, never surrender! REMEMBER NEDA)
To: cake_crumb
I don’t argue with you. There are a large number of folks here who have tried to defend GS as some sort of hero of the free market system.
To: BP2
Anyone think that the charges were not pre-screened by Goldman lawyers et al before release? Any bets that SEC presented a laundry list of charges and Goldman was able to pick which one to file? The whole thing is a charade to make it look like the SEC and the Administration in general is âdoing somethingâ after bailing out their counter-parties. Billions in bailouts for the counter-parties and this is the penalty they have to pay? Hearings would be rich if the Republican staffers had just a little bit of imagination.
25
posted on
04/20/2010 6:08:23 PM PDT
by
sefarkas
(Why vote Democrat Lite?)
To: Indy Pendance
"I cant wait until we take over congress, the congressional hearings will be great TV.Great point !!! Dems might get caught believing the hype of 2008: that they'd rule for another 40 years, like they did from the 50's until the '94 mid-terms. Could get ugly when we shine some light.
26
posted on
04/20/2010 6:21:27 PM PDT
by
chiller
( ALMOST SPEECHLESS)
To: Conscience of a Conservative
SEC brings actions against small investors all the time. Or unpopular people like Martha Stewart.
Madoff however they ignore.
27
posted on
04/20/2010 6:47:29 PM PDT
by
driftdiver
(I could eat it raw, but why do that when I have a fire.)
To: BP2
Impeachment. Trial. Conviction.
28
posted on
04/20/2010 6:53:07 PM PDT
by
Shady
(The Fairness Doctrine is ANYTHING but fair!!!!)
To: AndyJackson
Agreed, however, showing the insider trading relationships with Treasury and their constructed con of the American People, and then pinning it on BO and his thugs....priceless!
29
posted on
04/20/2010 6:56:19 PM PDT
by
Shady
(The Fairness Doctrine is ANYTHING but fair!!!!)
To: BP2
30
posted on
04/20/2010 7:20:57 PM PDT
by
Man50D
(Fair Tax, you earn it, you keep it! www.FairTaxNation.com)
To: sefarkas
The bailouts were done in the last administration. The counter party payments to GS through AIG which were basically taxpayer funds were done in part during the Obama Administration but formulated in the previous administration. The financial industry has captured both sides of the aisle.
To: VRWC For Truth
This is an unexpected shot across the bow. They will try to crush it with indignation but the TPP (Tea Party Patriots)will rally by the millions. This Goldman attack is an attack on you. It is an attack on freedom . It is an attack on our precious free enterprise and it will be crushed.
To: AndyJackson
GP has done nothing wrong. Perhaps you can explain your conclusion with specific facts. You are just drinking the Kool Aid.
To: BiggieLittle
The financial industry has captured both sides of the aisle.
Democrats and Republicans left right and center were duped into bailing out the counter-parties in the fall of 2008. All the more reason to knock out as many incumbents as possible in the primaries. If nothing else, then force the lobbyists to expend time and cash to cozy up to the new set of Congressmen.
34
posted on
04/20/2010 7:40:58 PM PDT
by
sefarkas
(Why vote Democrat Lite?)
To: rogertarp
GP has done nothing wrong.Wow! Talk about drinking cool aid. Ever hear about some company called AIG? Ever hear about some guy named Paulson who told the Congress give me a Trillion or I will destroy your economy? Ever hear about derivatives that allowed Greece to hide its debt from the purchasers of its bonds? No. GS did nothing wrong at all. Nothing to see here folks. Just move along.
To: AndyJackson
What did they do wrong? Give us benefit of your detailed wisdom.
To: AndyJackson
Ever hear about some company called AIG?Goldman did something wrong with AIG? What was it? Be specific.
Ever hear about some guy named Paulson
A guy named Paulson? You mean the Treasury Secretary? I thought we were talking about Goldman?
who told the Congress give me a Trillion or I will destroy your economy?
Paulson said he would destroy the economy? You have a source or are you making stuff up again?
Ever hear about derivatives that allowed Greece to hide its debt
I didn't realize Goldman was in charge of the books of Greece. You have a source for that claim?
Next you'll blame Goldman for Obama lying about the cost of Obamacare.
GS did nothing wrong at all.
Nothing that you've shown at least.
37
posted on
04/20/2010 8:13:26 PM PDT
by
Toddsterpatriot
(Math is hard. Harder if you're stupid.)
To: Brugmansian
“Goldman Sachs has hired former White House counsel, Greg Craig, to advise it on litigation regarding the SEC suit.”
Ruh-roh!
:-)
38
posted on
04/20/2010 8:15:43 PM PDT
by
Let's Roll
(Stop paying ACORN to destroy America! Cut off their federal funding!)
To: AndyJackson; All
> Getting to the bottom of why the Obama administration is taking on Goldman > and taking them on now is not a winning issue for Republicans. I disagree. The GOP, despite their MANY faults, is being seen by a majority of 2010's voting electorate as the Cavalry that can save America from the Obama horde. Obama and the Dems are seen as CORRUPT INSIDERS after ObamaCare by a majority of Americans; deals cut with Goldman Sachs is yet another example of their corruption and influence for hire. Yet MORE backroom deals, applying Obama's new Business Model:
'Tis better to get a SLICE of the pie than NO pie at all.
I think we'll find that Goldman Sachs is likely being used by Obama's White House as a willing scapegoat to help gain public support for Finance Reform. In return, count on the writers of the Finance Reform Bill within the White House to cut out or add BIG chunks of legislation that will favor Goldman Sachs at the END of this process. They are VERY likely in cahoots with the White House NOW, just like the Insurance & Pharmaceutical Industries with ObamaCare. Donations nearly $1 million to Obama certainly doesn't hurt. And count on Greg Craig former White House legal adviser who just got hired on at Goldman Sachs to facilitate communication between his former employer and his new employer.
Nobody HERE is fooled ... Goldman Sachs is as evil as Obama's White House itself. And just like a cancerous tumor, the tendrils of Goldman Sachs runs deep within the Obama White House: Dianna Farrell: Obama Administration: Deputy Director, National Economic Council Former Goldman Sachs Title: Financial Analyst Stephen Friedman: Obama Administration: Chairman, Presidents Foreign Intelligence Advisory Board Former Goldman Sachs Title: Board Member (Chairman, 1990-94; Director, 2005) Gary Gensler: Obama Administration: Commissioner, Commodity Futures Trading Commission Former Goldman Sachs Title: Partner and Co-head of Finance Robert Hormats: Obama Administration: Undersecretary for Economic, Energy & Agricultural Affairs, State Dept Former Goldman Sachs Title: Vice Chairman, Goldman Sachs Group Philip Murphy: Obama Administration: Ambassador to Germany Former Goldman Sachs Title: Head of Goldman Sachs, Frankfurt Mark Patterson: Obama Administration: Chief of Staff to Treasury Secretary, Timothy Geitner Former Goldman Sachs Title: Lobbyist 2005-2008; Vice President for Government Relations John Thain: Obama Administration: Adviser to Treasury Secretary, Timothy Geitner Former Goldman Sachs Title: President and Chief Operating Officer (1999-2003)
|
39
posted on
04/20/2010 8:49:44 PM PDT
by
BP2
(I think, therefore I'm a conservative)
To: BP2
I would like to see the GOP using a campaign slogan just like Pelosi did in 2008 - DEM=Party of Corruption, and give concrete examples. Jefferson comes to mind, Barney's Frank, and Oh there are many more.
40
posted on
04/20/2010 9:07:42 PM PDT
by
Cheerio
(Barack Hussein 0bama=The Complete Destruction of American Capitalism)
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