We have been hearing the name of Goldman Sachs a lot recently. This is a company that relies on huge bailout sums dished out by the government to support the incredibly lavish lifestyles of its top management. The very existence of Goldman Sachs is the most anti-capitalist thing I have seen since the collapse of the Soviet Union. Strangely, people often use the example of this blood-sucking, economically unviable monster to denounce capitalism. This happens because of many people's profound ignorance about the economic workings of the USSR. The Soviet economy was based on the existence of huge, monstrous corporations that couldn't keep themselves afloat and had to rely on governmental bailouts to stay solvent.
In this sense, Lloyd Blankfein, the chairman and chief executive of Goldman Sachs, is the biggest commie out there because he implements the Soviet economic system very successfully and unapologetically. In his recent interview with the UK's Times Online, however, Blankfein demonstrated a complete ignorance of his worthy Soviet trend-setters that paved the way for his current exploitation of governmental resources. This crook's vision of himself is far more grandiose. According to Blankfein , he is "doing God’s work." Sadly, the journalist who interviewed him forgot to ask this disgusting little criminal which god it is that he worships. But I guess the answer to this question is self-evident.
According to Maureen Dowd's today's column in The New York Times, "Goldman, Morgan Stanley and JPMorgan Chase, banks that took government bailout money after throwing the entire world into crisis, have said they will dish out $30 billion in bonuses — up 60 percent from last year." As an honest, hardworking taxpayer who hated the Soviet economy and believes in the values of capitalism, I am appalled at this. It angers me beyond belief that my taxes should go towards helping ugly, ridiculous losers like Blankfein pay for his idiotic "Hermès tie with little red bicycles on it." I mean, a tie with red bicycles? And this is somebody who gets our money? Have we all gone collectively insane that we hand over our resources so easily to this snakeoil salesman?
The sad shells of human beings who work at Goldman Sachs recognize that they are addicted to getting more money, a lot more money, and even more money. They recognize that they are “completely money-obsessed. ... There’s always room — need — for more. If you are not getting a bigger house or a bigger boat, you’re falling behind. It’s an addiction.” Giving government money to these losers is like giving rent money to a heroin addict. Everybody knows an addict will not actually spend the money on rent. He will go out and buy more drugs with it. It's the same with these Wall Street vultures. The second they get the bailout money, they immediately award themselves huge bonuses (for doing an incredibly poor job in their actual employment duties). And then they need another humongous bailout. And the rest of us have to work our asses off to provide enough resources so that a stupid jerk in a red bicycle tie can keep compensating for his tiny, almost unexistent dick with buying yet another huge boat.
6 comments:
I'm thinking strongly of immigrating, though I am not sure where.
My guess is America will be effectively a Third World failed state within a couple of decades, and I don't want to stick around for that.
-Mike
Yes, where is the big question, Mike. Canada and Great Britain have been circling the drain in a similar direction for a while. Spain's economy is in ruins. France is turning into a total cesspool and their education system is ridiculous.
Canada is too cold for me, anyway. I prefer the warmer climes. :-)
I was thinking either New Zealand or certain parts of Australia.
It's a hard choice, though. Much of the bad things coming will tend to be global in nature.
-Mike
Let's hope that Australia is too far away for these criminals to get to any time soon.
Something tells me that there are branches of Goldman, Chase, etc, in Australia... :(
The article you linked to says that GS bonuses were limited as long as it owed the bailout money. Once it was repaid (with interest, by the way), the cap on pay was lifted.
If you are unhappy about it, what is it you suggest the government should do? It has no leverage now.
Of course, GS benefited from the bailout policy as a whole, but I haven't heard of any official corruption charges brought against any of GS executives since 2007.
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