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RE: Govt by Goldman Sachs - 4/18/2010 11:35:28 AM   
Sanity


Posts: 22039
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From: Nampa, Idaho USA
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You ran away from that argument as I was in the process of exposing Frontline's laughably fraudulent tactics, and I find it extremely disingenuous of you to try to resurrect your ridiculous talking points here after that.

You said you wouldn't argue it anymore, remember?

http://www.collarchat.com/fb.asp?m=3155556

quote:

ORIGINAL: brainiacsub

Thomas, in another thread you tried to argue with me that it was the loans themselves, and not the shit that Goldman did that caused the financial collapse. This activity by Goldman was the topic of the Frontline special I gave you a link to and asked you to watch. AIG was doing the same thing, as was Lehman, Bear Stearns, JP Morgan and Citicorp. The Republican Congress was warned in the 90s that this activity would collapse the financial sector given the right circumstances. You made no effort to try and understand this. Once again, this is not about the regulation or its timing, this is about your hated for Obama. You have been given all the information you needed from me and others to connect the dots, but you insist on connecting them through Obama. His agenda is the nation's agenda and if Greenspan and others had listened to Brooksley Born in the 90s we wouldn't be talking about this now.



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RE: Govt by Goldman Sachs - 4/18/2010 11:37:32 AM   
Sanity


Posts: 22039
Joined: 6/14/2006
From: Nampa, Idaho USA
Status: offline
If you get to define me and my arguments, I get to define you and yours, right? 


quote:

ORIGINAL: brainiacsub

E,

He is absolutely convinced that Obama and his ilk, who wanted to give loans to poor people, is what caused this crisis. He listens to right-wing fear mongers who spew this bullshit about Wall Street regulation being code for Obama's Marxist agenda to take over the banks. I don't think any facts or reason to the contrary will change his mind.


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RE: Govt by Goldman Sachs - 4/18/2010 11:43:41 AM   
brainiacsub


Posts: 1209
Joined: 11/11/2007
From: San Antonio, TX
Status: offline 		Fine Thomas...it's a free country and you can choose to be ignorant if you want.

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RE: Govt by Goldman Sachs - 4/18/2010 12:02:53 PM   
Sanity


Posts: 22039
Joined: 6/14/2006
From: Nampa, Idaho USA
Status: offline
Thats a matter of perspective, of course.

It must be nice to feel you're the one with all the answers, braniac.


quote:

ORIGINAL: brainiacsub

Fine Thomas...it's a free country and you can choose to be ignorant if you want.


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RE: Govt by Goldman Sachs - 4/18/2010 12:05:50 PM   
brainiacsub


Posts: 1209
Joined: 11/11/2007
From: San Antonio, TX
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quote:

ORIGINAL: Sanity


Thats a matter of perspective, of course.

It must be nice to feel you're the one with all the answers, braniac.


quote:

ORIGINAL: brainiacsub

Fine Thomas...it's a free country and you can choose to be ignorant if you want.


jeez...you don't even know the questions....the answers are irrelevant

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RE: Govt by Goldman Sachs - 4/18/2010 7:34:36 PM   
Brain


Posts: 3792
Joined: 2/14/2007
Status: offline 		I think what's unfortunate is the SEC doesn't have authority to prosecute criminally. In addition many state attorney general's would like to take action but the right to do so has been legislatively taken away from them by the feds.

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RE: Govt by Goldman Sachs - 4/18/2010 8:39:31 PM   
thornhappy


Posts: 8596
Joined: 12/16/2006
Status: offline 		I read about the case and found they'd done the "Magnetar Trade"...and found that Magnetar was only one of about 6 companies that pulled these stunts.  (The story behind this was in the This American Life thread from last week.)

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RE: Govt by Goldman Sachs - 4/18/2010 8:45:35 PM   
brainiacsub


Posts: 1209
Joined: 11/11/2007
From: San Antonio, TX
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quote:

ORIGINAL: Brain

I think what's unfortunate is the SEC doesn't have authority to prosecute criminally. In addition many state attorney general's would like to take action but the right to do so has been legislatively taken away from them by the feds.

You are right about this. Eliot Spitzer for years tried going after these big financial services firms, especially AIG. Too bad he couldn't keep his dick in his pants. We could use more politicians like him who have the smarts and the will to take on Wall Street.

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RE: Govt by Goldman Sachs - 4/18/2010 9:09:51 PM   
slvemike4u


Posts: 17896
Joined: 1/15/2008
From: United States
Status: offline 		Willful ignorance in order to prop up a flawed political ideology is a sad and pathetic thing.....isn't it?

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RE: Govt by Goldman Sachs - 4/18/2010 9:29:34 PM   
brainiacsub


Posts: 1209
Joined: 11/11/2007
From: San Antonio, TX
Status: offline 		Are you talking about Spitzer or Sanity?

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RE: Govt by Goldman Sachs - 4/18/2010 9:58:23 PM   
slvemike4u


Posts: 17896
Joined: 1/15/2008
From: United States
Status: offline 		In an attempt to avoid a gold border letter....I decline to answer

_____________________________

If we want things to stay as they are,things will have to change...Tancredi from "the Leopard"

Forget Guns-----Ban the pools

Funny stuff....https://www.youtube.com/watch?v=eNwFf991d-4


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RE: Govt by Goldman Sachs - 4/19/2010 3:33:57 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline
quote:

ORIGINAL: brainiacsub

Are you talking about Spitzer or Sanity?


Hmm.  They both get all the hot woman. 

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RE: Govt by Goldman Sachs - 4/19/2010 5:28:53 PM   
Sanity


Posts: 22039
Joined: 6/14/2006
From: Nampa, Idaho USA
Status: offline
I wonder if Obama is going to return the $994,795 in pac money he got fro Goldman Sachs.

http://www.opensecrets.org/pres08/contrib.php?cycle=2008&cid=N00009638


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RE: Govt by Goldman Sachs - 4/19/2010 5:33:29 PM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline
quote:

ORIGINAL: Sanity


I wonder if Obama is going to return the $994,795 in pac money he got fro Goldman Sachs.

http://www.opensecrets.org/pres08/contrib.php?cycle=2008&cid=N00009638



how much did McCain get from them?

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Profile   Post #: 34
RE: Govt by Goldman Sachs - 4/20/2010 3:26:00 AM   
Sanity


Posts: 22039
Joined: 6/14/2006
From: Nampa, Idaho USA
Status: offline
$230,095

http://www.opensecrets.org/pres08/contrib.php?id=N00006424&cycle2=2008&goButt2.x=10&goButt2.y=9&goButt2=Submit


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RE: Govt by Goldman Sachs - 4/20/2010 3:43:32 AM   
Dubbelganger


Posts: 200
Joined: 4/9/2010
Status: offline
quote:

ORIGINAL: Sanity


You ran away from that argument as I was in the process of exposing Frontline's laughably fraudulent tactics, and I find it extremely disingenuous of you to try to resurrect your ridiculous talking points here after that.

You said you wouldn't argue it anymore, remember?

http://www.collarchat.com/fb.asp?m=3155556

quote:

ORIGINAL: brainiacsub

Thomas, in another thread you tried to argue with me that it was the loans themselves, and not the shit that Goldman did that caused the financial collapse. This activity by Goldman was the topic of the Frontline special I gave you a link to and asked you to watch. AIG was doing the same thing, as was Lehman, Bear Stearns, JP Morgan and Citicorp. The Republican Congress was warned in the 90s that this activity would collapse the financial sector given the right circumstances. You made no effort to try and understand this. Once again, this is not about the regulation or its timing, this is about your hated for Obama. You have been given all the information you needed from me and others to connect the dots, but you insist on connecting them through Obama. His agenda is the nation's agenda and if Greenspan and others had listened to Brooksley Born in the 90s we wouldn't be talking about this now.



So, Is Frontline aware that you are just on the verge of exposing them? And, if not, don't you think you have a moral obligation to let them know? THey have the right to defend themselves, after all.

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RE: Govt by Goldman Sachs - 4/20/2010 3:59:34 AM   
Sanity


Posts: 22039
Joined: 6/14/2006
From: Nampa, Idaho USA
Status: offline
I suppose you're into their groovy Scooby Doo music too...




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RE: Govt by Goldman Sachs - 4/20/2010 5:17:00 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		here we go- corporations have no rights.

NONE!

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Profile   Post #: 38
RE: Govt by Goldman Sachs - 4/20/2010 12:31:21 PM   
domiguy


Posts: 12952
Joined: 5/2/2006
Status: offline 		Here are some Sanity classics...

quote:

ORIGINAL: Sanity
Barney Frank and Chris Dodd, Democrat Senators, forced the banks to give loans to people who couldn't afford to repay them. Thats what begat the entire sub prime mortgage disaster in the first place, the notion that everybody deserves a house, even if they can't afford one.

quote:

ORIGINAL: lobodomslavery

Some of the bankers should be in jail. They got us into this mess in the first place.
Kevin




This is how a "centralist" thinks...

How about another one from a man who doesn't understand the world he lives in....
quote:

ORIGINAL: Sanity
But look into the favored loans that Countrywide gave to many of our national politicians, tazz, and the legislation that followed.

And look at who is investigating those and every other breach of ethics... and how the investigations are going nowhere - even though these massive and gross violations are public knowledge. AND how all of this is going unreported by the media whores who are in bed with this administration.

But if I see whats going on anyway, why - god forbid! I'm a partisan.

Oh my!!!



quote:

ORIGINAL: tazzygirl

Get a mortgage.. see how fast they insist.  You want to drive, gotta have insurance.



quote:

ORIGINAL: Sanity

Sometimes you have to call BS bestbaby

It would be a huge mistake to elect the people (the Democrats) who caused this mess into more power, and that's precisely what we're on the verge of doing. President Bush tried hard to stop this meltdown years ago only to be shouted down by the very party who now tries to blame him for their mess...

quote:

ORIGINAL: bestbabync

i hope someday one of you guys will remember what i have been saying here. 
our country is in for a world of hurt!  i want our next president to cut, i mean slash that damn federal budget.  have any of you looked at how much u pay in federal taxes????  what i pay a month can pay my mortgage!



Sanity has no ability to understand or comprehend the issue at hand...He is blinded by his dedication to his "centrism" beliefs...What a troll!!!

< Message edited by domiguy -- 4/20/2010 12:58:53 PM >

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RE: Govt by Goldman Sachs - 4/20/2010 1:04:42 PM   
Fellow


Posts: 1486
Joined: 9/21/2009
Status: offline 		I would like to know how much these problems would go away if there was a true transparency  (adequate information about the financial products) and accountability  (the laws would be actually executed). Goldman Sachs and major banks would not exist today if the laws in books  (for example $1831o http://www.law.cornell.edu/uscode/html/uscode12/usc_sec_12_00001831---o000-.html ) would have been followed. 
Regrettably, US government is directly involved in the looting situation.  What can you do? I read about huge losses of taxpayer money. Where did it go. Where there is a loss, there is a receiver or the money did not exist (meaning no loss). In 2009 the number of billionaires increased from 793 to 1,011, and their total wealth from $2.4 trillion to $3.6 trillion. This is where the wealth goes. Why is it necessary? To save the economy?  I can not take the last  seriously. Will one of the most corrupt senators (C. Dodd) stop the process with his legislation? The answer is no; the whole thing will crash inevitably.

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