Skip to comments.The Great American Bubble Machine (cap and trade and Goldman Sachs)
Posted on 07/09/2009 12:41:37 PM PDT by Zathras
In Rolling Stone Issue 1082-83, Matt Taibbi takes on "the Wall Street Bubble Mafia" --investment bank Goldman Sachs.
The piece has generated controversy, with Goldman Sachs firing back that Taibbi's piece is "an hysterical compilation of conspiracy theories" and a spokesman adding, "We reject the assertion that we are inflators of bubbles and profiteers in busts, and we are painfully conscious of the importance in being a force for good.
" Taibbi shot back: "Goldman has its alumni pushing its views from the pulpit of the U.S. Treasury, the NYSE, the World Bank, and numerous other important posts; it also has former players fronting major TV shows. They have the ear of the president if they want it." Here, now, are excerpts from Matt Taibbi's piece and video of Taibbi exploring the key issues.
Glad you posted this. I read the hard copy version a few days ago, and found it pretty interesting. Bump to read comments later.
A direct link to Robert Rubin and Clinton.
All the major players listed with details of the $10T scam they plan to perpetrate on the USA.
Al Gores Carbon Empire : Cashing in on Climate Change
...Gore is chairman of the company, which
he co-founded in 2004 with former Goldman
Sachs executive David Blood, who as
GIMs managing partner oversees most of
its operations. Blood has explained why the
company is London-based: Its no surprise
to us that Europeans are more eager to get
their hands around this notion look at the
history and the culture; theres the notion
of the third way, bigger emphasis on social
responsibility and so on. (Long Term Life
After Politics, by Heather Stewart, London
Observer, November 13, 2004)
Goldman Sachs has a sizable footprint at
GIM. GIMs other founding members include
Mark Ferguson, former co-chairman of the
Goldman Sachs Assets Management pan-
European research; and Peter Harris, former
head of Goldman Sachs Assets Management
international operations. In September 2006
several months after the release of Gores
blockbuster fi lm, Goldman Sachs paid $23
million to buy 10% of the Chicago Climate
Exchange, or CCX, the leading U.S. provider
of carbon offsets.
A must-read for every Freeper ...
I have a friend at Goldman who will only say “things are looking very green at Goldman.”
I’ve sent a copy to Drudge I was so shocked.
Bump. Those damn crooks.
Algore's massive energy fraud will break the backs of Americans. It will cost trillions of taxpayer dollars. And not do a damn thing except line the pockets of fraud artists. 0 is taking orders from greedy crooks and hyper-inflated idiots.
B T T T
“When the economic costs of Waxman-Markey are included, the harm to American families skyrockets. According to Heritages Center for Data Analysis Waxman-Markey will decrease GDP in 2020 by $161 billion (2009 dollars). For a family of four, that is $1,870 that the CBO simply ignores.”
Nice scam, if you are running it.
bump for later
The ‘green’ con game is one of many radical Dem rackets for enrichment off the taxpayers.
If you haven't read it yet... read the complete article... not the excerpts... I thought the author, Taibbi did a bang-up job exposing Goldman Sachs as they are... a bunch of sociopaths wrecking our economy... this isn't about capitalism... not by a long shot... it is about making the rules... grabbing all the free money... and leave the victims holding the bag.
If you haven't read this article yet... and you understand a little about economics... then you should definitely read it... it is probably the most important thing that you can read today...
worth reading the whole thing....which I am doing again
note: this article was posted several times
Isn't that strange?
After all, MegWhitman was Romney's campaign manager and she sits on the board of GS.
WHY did GS give so much to the Democrat presidential candidate?
it’s so sad...and if you go the poorest of parts of the inner cities—you realize that these places have stayed so messed up because LIBERALS are in control of them. UGH...so much for “party of the poor and downtrodden” PUH LEEZE.
There were multiple postings of Matt Taibi's articles to FR, this is just one thread, plenty of dups with fascinating responses.