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Keyword: goldmansachs

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  • Cruz pulls support from Moore: Allegations merit ‘criminal prosecution’ if true

    11/13/2017 8:13:42 PM PST · by conservative98 · 355 replies
    The Hill ^ | November 13, 2017 | ELLIOT SMILOWITZ
    Sen. Ted Cruz on Monday withdrew his support from Alabama GOP Senate nominee Roy Moore, saying allegations of sexual misconduct should be looked at by prosecutors. “As it stands, I can’t urge the people of Alabama to support a campaign in the face of these charges without serious, persuasive demonstration that the charges are not true,” the Texas Republican told reporters, according to a Texas Tribune reporter. “Both last week and this week, there are serious charges of criminal conduct that if true, not only make him unfit to serve in the Senate but merit criminal prosecution,” he added.
  • Has the window already closed for North Texan’s Cruz primary challenge?

    11/13/2017 3:00:43 PM PST · by 2ndDivisionVet · 39 replies
    The Wichita Eagle ^ | November 13, 2017 | Andrea Drusch
    Establishment Republicans once dreamed of replacing Texas Sen. Ted Cruz with a less bombastic alternative in 2018. Those dreams now appear out of reach, even as a North Texas Republican with ties to state’s old political guard is on the verge of launching a challenge to the first-term senator. A Fort Worth-based super PAC aimed at replacing Cruz with a Republican in the “leadership style” of President Ronald Reagan has barely raised any money. Its favored candidate, Christian television executive Bruce Jacobson, last week stumbled in the early stages of a possible campaign rollout. And while Cruz, who has more...
  • 'Maybe bitcoin is a kind of a bubble,' Goldman Sachs CEO Blankfein says

    11/11/2017 6:49:49 AM PST · by BenLurkin · 28 replies
    cnbc ^ | 11/09/2017
    Bitcoin has soared more than 600 percent this year. On Thursday, the cryptocurrency traded down 3.9 percent at $7,172.80, but remained near a record high. The digital currency has already been embraced by some of Wall Street's most well-known figures, including investing legend Bill Miller. It has been criticized, however, by Blankfein's peers on Wall Street in JPMorgan Chase CEO Jamie Dimon and BlackRock CEO Larry Fink. In September, Dimon referred to bitcoin as a "fraud," adding "it's worse than tulip bulbs. It won't end well." Last month, Fink said bitcoin was an "index of money laundering."
  • Ted Cruz warns of ‘profound damage’ to U.S. economy if Trump kills NAFTA

    10/31/2017 6:01:46 PM PDT · by Sign Petition to Arrest Comey · 248 replies
    The Toronto Star ^ | 10/31/2017 | Daniel Dale
    WASHINGTON—Texas Republican Sen. Ted Cruz warned Tuesday that the United States would face “massive economic costs” if President Donald Trump killed the North American Free Trade Agreement — but that Trump might go ahead and make that decision. Cruz said “NAFTA has created millions of jobs across the United States,” and he said “Texans believe in international trade.” He expressed concern that Trump, whom he generally supports, would seek to use the ongoing NAFTA renegotiation to reduce trade and erect protectionist barriers rather than to expand trade. Reducing access to the Canadian and Mexican markets, Cruz said, would “do profound...
  • New Texas 130 owners to make $60 million in repairs to bumpy road

    10/10/2017 5:46:43 AM PDT · by Tolerance Sucks Rocks · 18 replies
    The Austin American-Statesman ^ | September 20, 2017 | Ben Wear
    The southern, privately built section of Texas 130, which has been an obstacle course of bumps and cracks since shortly after its October 2012 opening, will see $60 million of pavement repairs over the next year in 35 spots between Mustang Ridge and Seguin. Crews in many cases will be removing five feet or more of the road’s “sub-base,” the treated and compacted soil layers that underlie the highway’s asphalt driving surface, replacing it with soil with different, stronger properties, and then repaving those rehabilitated sections. Some repairs will also include installation of impermeable layers of soil alongside the road...
  • Gary Cohn can be easily replaced if he leaves Washington

    09/10/2017 2:30:47 PM PDT · by Oshkalaboomboom · 2 replies
    NY Post ^ | September 10, 2017 | Jonathon Trugman
    Let me start by acknowledging the outstanding job National Economic Council Director Gary Cohn’s team has done swaying the media into thinking Armageddon would occur if he left the White House. I get that Cohn was a respected trader on Wall Street at Goldman Sachs. However, Goldman generally mints exceptional talent. To think there is no one else who can steer this economy is sheer folly. There are numerous talents that come out of Goldman, Morgan Stanley, Bank of America and JPMorgan who would be very well-suited to run the National Economic Council or the Federal Reserve. So if it...
  • Cruz Offers an Imperfect Healthcare Compromise that Just Might Work

    07/13/2017 11:45:44 AM PDT · by ckinv368 · 55 replies
    Kinvig on Politics ^ | 7-13-2017 | Cameron Kinvig
    For months now, the country has waited with interminable patience to see what the Trump Administration would do with healthcare policy. Few believed the Affordable Care Act—Obamacare—was ever a perfect solution, and Republicans spent 7 years campaigning on its immediate repeal. But even though several healthcare exchanges are collapsing and millions around the country are in danger of losing healthcare services provided by Obamacare, Republicans have had a difficult time figuring out how to go from the party of “no Obamacare” to the party of healthcare solutions. After much wrangling, the House eventually passed a bill that was imperfect in...
  • Cruz supports new ObamaCare replacement bill

    07/13/2017 10:54:56 AM PDT · by conservative98 · 25 replies
    The Hill ^ | 07/13/17 01:20 PM EDT | Peter Sullivan
    Sen. Ted Cruz (R-Texas) will support the new version of the GOP ObamaCare replacement bill, a major boost for the measure's chances of passage in the upper chamber. "If this is the bill, I will support this bill," Cruz told reporters Thursday after a meeting of GOP senators. "Now, if it’s amended and we lose the protections that lower premiums my view could well change." An amendment from Cruz to allow insurers to offer plans that do not meet ObamaCare requirements was included in the new bill in a key move to win his support.
  • Even Trump Can't Make Goldman Sachs Popular

    06/30/2017 5:00:25 AM PDT · by Oshkalaboomboom · 29 replies
    Ann Coulter ^ | June 28, 2017 | Ann Coulter
    Having pulled off the monumental achievement of getting elected with zero help from Wall Street, President Trump is at risk of throwing it all away. He seems to be turning his White House over not only to liberal Democrats, but to the very type of liberal Democrats he railed against on the campaign trail. It's like voluntarily getting an AIDS transfusion. Until Trump, voters had two choices: A Republican beholden to Wall Street or a Democrat beholden to Wall Street. But Wall Street despised Trump, and he despised them. This allowed him the luxury of denouncing both Ted Cruz and...
  • Goldman Sachs: Oil Crash Unlikely To Continue

    06/26/2017 12:32:20 PM PDT · by bananaman22 · 12 replies
    Oilprice.com ^ | 26-06-2017 | Ka-Boom
    The current selloff in energy stocks is but an opportunity for buyers, according to a Thursday note from Goldman Sachs’ European energy team, who added that current prices are likely unsustainable in the long run. “We…see the sell off as an attractive buying opportunity in our favored stocks, including Total and Lundin, whilst we have also started to see investor interest in higher beta stocks that have sold off such as Tullow,” said Goldman.
  • Donald Trump targeted by Henry Paulson in op-ed endorsing Hillary Clinton

    06/25/2016 11:59:39 AM PDT · by Innovative · 58 replies
    CBS News ^ | June 25, 2016 | Reena Flores
    "This troubles me deeply as a Republican, but it troubles me even more as an American," said Paulson, a former Goldman Sachs chief executive who spearheaded the 2008 Wall Street bank bailout as treasury secretary. "Enough is enough," he wrote. "It's time to put country before party and say it together: Never Trump." Instead, he offered up Democrats' presumptive presidential nominee, Hillary Clinton, as the country's best alternative to Trump, encouraging his GOP colleagues to consider her when casting their ballot.
  • Goldman Sachs CEO bashes Trump again in bizarre, emoji-filled tweet

    06/02/2017 8:22:22 PM PDT · by 2ndDivisionVet · 38 replies
    The New York Post ^ | June 2, 2017 | Kevin Dugan
    Wall Street continued its lament of President Trump’s exit of the Paris climate agreement Friday — with Goldman Sachs CEO Lloyd Blankfein taking to Twitter again. “Leadership helps” the US, Goldman CEO Lloyd Blankfein wrote in a bizarre, emoji-heavy tweet, fretting that America might lose its profile on the world stage. “Our language is dominant; $ global; [world] talent comes. Bad if lost. Consider w/ making policy on enviro, trade, defense, etc.”(continued)
  • Lloyd Blankfein's first-ever tweet slams Trump's climate decision (Yet Another Trump Endorsement)

    06/01/2017 4:30:47 PM PDT · by Kid Shelleen · 32 replies
    CNBC ^ | 06/01/2017
    t took President Donald Trump's controversial choice to withdraw the U.S. from the Paris climate-change accord to turn Lloyd Blankfein from a Twitter lurker into a tweeter. --SNIP-- This isn't the first time Blankfein has expressed criticism of Trump policies. In January, the CEO told employees at Goldman Sachs that the Wall Street heavyweight doesn't support Trump's ban on immigration from certain Muslim-majority countrie
  • Goldman Sachs underwrites Venezuelan tyranny

    05/31/2017 12:48:28 PM PDT · by Sean_Anthony · 7 replies
    Canada Free Press ^ | 05/31/17 | Matthew Vadum
    Unconstitutional nature of Nicolas Maduro’s administration, its unwillingness to hold democratic elections and its systematic violation of human rights A key Venezuelan opposition leader is accusing Wall Street investment bank Goldman Sachs of “aiding and abetting the country’s dictatorial regime” by purchasing its government-issued bonds. The allegation, of course, is completely accurate and comes after two months of bloody unrest caused by the failing socialist economy presided over by President Nicolas Maduro. The amoral agenda-setting elitists of Goldman Sachs reportedly purchased $2.8 billion in Venezuelan debt. That apparently includes an $865 million transaction involving debt from state-run oil company PDVSA,...
  • Venezuelans are outraged at Goldman Sachs for giving a lifeline to an incompetent government

    05/30/2017 1:56:51 PM PDT · by SeekAndFind · 26 replies
    CNN Money ^ | 05/30/2017 | Patrick Gillespie
    Venezuelans are furious with Goldman Sachs for buying the country's government bonds last week, which critics say gives a lifeline to an incompetent government that is starving its people. Goldman confirmed the purchase Tuesday morning after the Wall Street Journal first reported it. Goldman stands to make a nice profit from the purchase. It allegedly paid just 31 cents on the dollar, or $865 million, for bonds that were originally worth $2.8 billion. In other words, it got a huge discount on the bonds that pay a high return. Goldman Sachs defended its action, saying it bought the bonds --...
  • Venezuela opposition accuses Goldman Sachs of financing dictatorship

    05/30/2017 7:36:20 AM PDT · by Jonah Johansen · 2 replies
    Reuters ^ | May 29,2017 | Corina Pons,Brian Ellsworth
    "Goldman Sachs' financial lifeline to the regime will serve to strengthen the brutal repression unleashed against the hundreds of thousands of Venezuelans peacefully protesting for political change in the country," wrote Julio Borges in a letter to Goldman Sachs President Lloyd Blankfein.
  • Scarborough: Independent conservative candidate will announce presidential bid

    08/08/2016 5:27:54 AM PDT · by kevcol · 99 replies
    The Hill ^ | August 8, 2016 | Jesse Byrnes
    MSNBC host Joe Scarborough said Monday that an independent conservative candidate on Monday will announce a challenge to Republican presidential nominee Donald Trump. "It does appear that there is going to be a well-funded independent candidate," Scarborough said on "Morning Joe," without providing a name. Scarborough, a former GOP congressman from Florida, said the candidate would aim to get on 20 to 30 state ballots.
  • Ted Cruz improperly accounted for Goldman Sachs loans, FEC decides

    05/26/2017 1:11:05 PM PDT · by ColdOne · 81 replies
    foxnews.com ^ | 5/26/17 | Brooke Singman
    Sen. Ted Cruz improperly accounted for Goldman Sachs loans he acquired during his 2012 Senate campaign, the Federal Election Commission ruled on Thursday. In a unanimous vote, FEC commissioners decided that the nearly $1.1 million in loans made to the to the campaign by Goldman Sachs and Citigroup should have been disclosed to voters and the American public. The final report from the FEC is expected in 30 days, and further action, such as penalty for Cruz, will be decided, should the FEC decide to initiate an “enforcement action” at a later date. But Cruz’s office said this is “old...
  • HA! GQ gets pissy with Ted Cruz for ‘ruining rompers for men’

    05/21/2017 5:57:54 PM PDT · by smokingfrog · 124 replies
    Twitchy ^ | 5-19-2017 | Sam J
    Thursday on Twitter, Senator Ted Cruz took part in Free Beacon’s “caption contest” of a hilarious photo of Ben Sasse and Chuck Schumer .. Ted’s tweet broke Twitter and won the caption contest … apparently it also ruined the romper for men (can we get an amen!?) ... They say this like it’s a bad thing. Have you seen the Romphim for men? Seriously, who thought these things were a good idea? GQ apparently. Heh.....
  • Wall Street banker Cohn moving Trump toward moderate policies

    04/16/2017 3:57:39 PM PDT · by Pinkbell · 41 replies
    Reuters ^ | April 16, 2017 | James Oliphant and Svea Herbst-Bayliss
    In a White House marked by infighting, top economic aide Gary Cohn, a Democrat and former Goldman Sachs banker, is muscling aside some of President Donald Trump's hard-right advisers to push more moderate, business-friendly economic policies. Cohn, 56, did not work on Republican Trump's campaign and only got to know him after the November election, but he has emerged as one of the administration's most powerful players in an ascent that rankles conservatives. Trump refers to his director of the National Economic Council (NEC), as "one of my geniuses," according to one source close to Cohn. More than half a...