Tuesday, January 12, 2010
"The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. "
............Matt Taibbi-Rolling Stone
in an article July 13, 2009
I was stunned by the vivid visual imagery of Matt's characterization of Goldman Sachs, the investment bank from hell that everyone loves to hate.............except of course almost everyone in Barak's economic cabinet.
It turns out that there really is a species called the Vampire Squid just as there really is an investment bank headquartered in New York which has captured the White House and the engaging black family within that house. Goldman Sachs may be the most powerful and visible financial superpower controlling the economic destiny of the United States but it is simply one of many, and it perfectly epitomizes the class of arrogant rapacious insatiably greedy money changers now running amok through the swinging doors between Washington and Wall Street. But no matter how many insults and brickbats are hurled at them, old GS and the rest of the ragtag band of financial bandits just keep partying and jamming their blood funnel into the heart of America. And a curious fact I stumbled upon the other day was that this super profitable casino bank was in the 1% income tax bracket in 2008. That is not a misprint. This is the bank that was bailed out by the US taxpayer with the hysterical importuning of it's former CEO Hank Paulson, lately of the bush administration and the US Treasury, the bank whose current CEO Lloyd Blankfein claims he is doing ""god's work," having made many king's ransoms peddling worthless securities all over the globe and then rewarding its worker class with billions and billions in bonuses earned from the destruction of the world's financial system. And they paid 1% income tax. I mean how bad does this have to get before these millionaire financial terrorists are brought to justice? Of course if you accept the premise that GS sets the agenda of the government, I guess they are the government in effect....Check...Mate.