After Obsessing Over Enron's Friends, Media Ignore Much Deeper Obama-Goldman Sachs Connections

Newsbusters ^ | 4/20/10 | Lachlan Markey

[pissant]

President Obama has extensive ties to Goldman Sachs. Yet even given record-breaking financial contributions and sketchy relationships between Goldman executives and Obama officials at the highest level, the mainstream media will not afford Obama the same scrutiny it gave to George W. Bush during the collapse of Enron.

Obama's inflation-adjusted $1,007,370.85 in contributions from Goldman employees is almost seven times as much as the $151,722.42 (also inflation-adjusted) that Bush received from Enron. Goldman was one of the chief beneficiaries of the TARP bailout package -- supported by then-Senator Obama -- and has been a force for -- not against -- Democratic financial "reform" proposals currently under Senate consideration.

[pissant]

The US media makes Pravda and Tass from the old Soviet days look fair and balanced.

[SmokingJoe]

At least Tass and Pravda journalists were operating under a communist dictatorship, where you could be carried away in the middle of the night for bucking the party line.
What excuse do our lamestream media “journalists” have?

[manc]

the MSM makes their money from wall street via their 401k’s etc and they put wall street down.
many elitists make their money through wall street via stocks, 401k’s etc and etc they put down wall street

goldman was one of the biggest donors to bozo.
they were one of the biggest to the rat party
bozo hired many of goldmans workers for his administration

and yet they put down wall street meanwhile bozo gives bailouts and big tax incentives to them

and yet the far left kooks who can never think for themselves and need bumper sticker slogans support bozo and put down wall street

maybe one day the far left will actually know how to use their brain and understand they are being duped yet again

[griswold3]

Goldman Hires Greg Craig, Ex-White House Lawyer, For SEC Defense

May 18, 2009 Goldman exec Storch named first COO of SEC enforcement A Goldman Sachs ... Exchange Commission hired Adam Storch, a 29-year-old former employee in Goldman Sachs

[Bullish]

Obama’s such a train wreck of corruption it would be like child’s play for an honest media to take apart.

Too bad so many in the MSM wholly support his corruption.

[marron]

Good to remember that while Enron may have given $150k to Bush’s campaign, and almost certainly Bush might have sympathized with them, when they called asking for help he said no.

This is in contrast to the years of active assistance they counted on and received from Clinton.

After the fall, congress kept announcing their big investigation but I predicted it wouldn’t go anywhere, since all roads led straight back to the Democrats. I was right. They made a lot of noise about investigating and in the end, shelved it.

[Hoodat]

There was never any true obsessing over Enron's friends. You never heard stories of how the Clinton Administration liberally funded Enron projects abroad. You never heard stories of how Robert Rubin hid Enron debt while at Citigroup. And you never heard stories of how Christopher Dodd changed the law allowing Arthur Andersen to audit itself. Instead, you heard the demonizing of Ken Lay with the totally unconnected mention of Bush's name inserted nearby.

btw, this Goldman Sachs story is not new. Goldman Sachs along with Citigroup has basically shaped the entire Treasury Department since December of 2008. Every single move with bailout money over the past year and a half has been done solely to protect Goldman Sachs bottom line.

[rogertarp]

Goldman Sachs is totally innocent and will kick government oBOWma’s ass . Here is the reason for the collapse of our economy and 5 million unemployed fast joining the parasite class. The government promoted crap loans to minorities by regulated banks and institutions under the “ community Reinvestment Act of 1982” and the GUARANTEED THEM TO INVESTORS!! I defy any one to refute that-— anyone!!! The Barney “bundle of sticks” and that God forsakes Christoper Dodd bludgeoned any effort to rein in Freddie or Fannie in their hopeless guarantees as RACISTS and that Franklin Rains was pouring money down that rat hole as fast as they could!!! Your money!!! All Goldman did was bundle the damned crap up and sell it to the greedy. They will get this dismissed!! Some republican has blown the lid on it on Drudge— go read it. These guys need some real hard time in prison. Not Goldman !!

[my_pointy_head_is_sharp]

Actually, I just saw a segment on it on CNN, on Campbell Brown’s show. Lisa ___ was reporting on it. Very interesting.

[DontTreadOnMe2009]

Much Deeper Obama-Goldman Sachs Connections

much much much deeper ...

[Canedawg]

They are the propaganda wing of the ruling class, pure and simple.

[DontTreadOnMe2009]

Goldman announces $4,000,000,000 profit

and that’s just in the 1st quarter.

Amazing eh?

No economic downturn there ...

They made this money mostly by “dealing in their own accounts for ex Govmt Bonds ...”

Must be good to have inside info.

Did you know the private unpublished Goldman Motto

“You’d have to be stupid to trade without inside information”

Did you see the Freeper Article saying something like: Goldman buying guns for personal protection, worried about the upcoming Insurrection targeting their traders.

Gee wonder why they are worried???

[garjog]

"all roads led straight back to the Democrats"

Democrats are the embodiment of corruption.

[opentalk]

bump