The Devil and www.goldmansachs666.com

[Voegelin]

Financial Times
Tracy Alloway
April 15, 2009

Having made something of a name for himself after Goldman Sachs issued a cease and desist order against his website, www.goldmansachs666.com, anti-GS blogger Mike Morgan is now on the offensive . . .

FT Alphaville » Blog Archive » The Devil and www.goldmansachs666.com

Related:

Goldman Sachs Profits Don't Ease Blog Problem

ABC News - ‎Apr 14, 2009‎

By ALICE GOMSTYN Goldman Sachs is locking horns with a blogger, who is determined to draw more public scrutiny to the investment giant. ...

Goldman Sachs hires law firm to shut blogger's site

Telegraph.co.uk - ‎Apr 10, 2009‎

Goldman Sachs is attempting to shut down a dissident blogger who is extremely critical of the investment bank, its board members and its practices. ...

 

[DaisyDay]

I applaud Mike Morgan and his Blue Sky efforts.

 

[Voegelin]

"Blue sky" as in hopeless?

No chance of GS control of Treasury and the rest of the Federal government being broken? Americans are doomed to debt slavery?

Aren' there any liberals left who do not embrace corporatism? Got to be some William Jennings Bryan types in the Democratic party somewhere. They can't all be ...well I won't use the analogy but we all know where this model had its genesis.

 

[DaisyDay]

"Blue sky" as in hopeless?

No, "blue sky" as in protecting investors from fraud.

Aren' there any liberals left who do not embrace corporatism? Got to be some William Jennings Bryan types in the Democratic party somewhere. They can't all be ...well I won't use the analogy but we all know where this model had its genesis.

What has this to do with one man's crusade in putting out information about a corporation?

 

[Voegelin]

No, "blue sky" as in protecting investors from fraud.

What has this to do with one man's crusade in putting out information about a corporation?

The corporation was the most avid supporter of Obama on Wall Street. GS received $13 billion in taxpayer money via the AIG bailout. Bush and Paulson were responsible for some of that but most of it is Obama, Geithner and Democrats in Congress (Pelosi, Reid and their troops were solidly behind that bailout....Republicans dissented from Bush...didn't then and don't see now a whole lot of Democrats expressing concern over the power GS has in this adminstration).

We are seeing GS and others financial interests take over the Treasury Department. Look who is a member of the Group of Thirty:

Jacob A. Frenkel--AIG
Timothy Geithner--Obama's Treasury Secretary
Gerald Corrigan--Goldman Sachs
Lawrence Summers--Obama Advisor who recieved $135,000 for a speech to Goldman Sachs execs and $5.2 million from D.E. Shaw (a hedge fund).
Paul Krugman--New York Times apologist for liberalism

Salon sees it:

Larry Summers, Tim Geithner and Wall Street's ownership of government

Obama might as well be on the payroll of GS. Geithner's chief aid is a former GS lobbyist.

Remember when Obama was not going to allow lobbyists into his adminstration?

That went the way of his promise of no earmarks and his promise of allowing the public to see a bill for five days before he signed it, didn't it?

 

[Allahuakbar]

Come on Aisy, you had to know that somehow this would turn into a bash President Obama thread?

 

[Voegelin]

Come on Aisy, you had to know that somehow this would turn into a bash President Obama thread?

It was turned into nothing.

Billions have been channeled to GS by Obama and Democrats in Congress. Goldman PACs gave the Obama campaign $980,945 in the last election.

Exactly how are we supposed to address GS without mentioning the Obama adminstration?

There are some leftists and some Democrats who are disturbed buy this.
Even The Nation and Eliot Spritzer see the connection.

Why don't you? Why are you attempting slip-slide away from the real issues by claiming this post has been turned into a " bash President Obama thread?" Why the attempt to obscure the financial ties between Blankfein and Obama? Did you call it "bashing" when people on the left and right said Bush's adminstration, in the person of Sec of Treasury Paulson, was favoring Blankfein's interests above that of the country? Did you support Paulson? If not, why do you now support an adminstration which is even more in the tank for GS?

David Brooks in the New York Times:

When you break it out by individual companies, you find that employees of Goldman Sachs gave more to Obama than workers of any other employer. The Goldman Sachs geniuses are followed by employees of the University of California, UBS, JPMorgan Chase, Citigroup, National Amusements, Lehman Brothers . . .


Over the past few years, people from Goldman Sachs have assumed control over large parts of the federal government. Over the next few they might just take over the whole darn thing . . .

David Brooks: Total control of U.S. in sight for Goldman Sachs | Gold Anti-Trust Action Committee

 

[Nathan45]

Goldman PACs gave the Obama campaign $980,945 in the last election.

Simply not true, based on your link.

it includes "individual members or employees or owners, and those individuals' immediate families" not just the PAC.

feel free to edit your post to retract that statistic.

edit: actually none of it came from the pac because Obama doesn't take money from PACs. However if individuals who happen to own or be employees of goldman sachs want to donate individually to Obama they can, and apparently a lot of them did.

 

[Voegelin]

feel free to edit your post to retract that statistic.

Typical. Concentrate on minutiae to distract attention from the wider truth. A tactic common over at Media Matters.

Goldman Sachs is a Democratic Party powerhouse, its executives and its employees are known as the most loyal supporters of this adminstration on Wall Street. Obama and Geithner have paid GS well for its support. Taxpayers have just given GS over $13 billion.

Feel free to edit your post to comment on the issue of the influence GS has on this adminstration. Feel free to comment on what is going on rather than parse words and dig into find minatue to carp about in a futile idefense of what even liberals (some of them) find reprehensible.

Chicago Sun Times. Oct 7, 2008:

WASHINGTON--On May 3, 2007, Barack Obama attended an event at the Museum of Modern Art in Manhattan that was not on his public schedule and is only now surfacing--a private dinner for Goldman Sachs traders with a discussion on issues moderated for the Wall Street firm by NBC's Tom Brokaw.

Brokaw is the moderator of Tuesday's second presidential debate between Obama and John McCain at Belmont University in Nashville, Tenn . . .

Brokaw's appearance was arranged through Goldman Sachs . . .

The employees of Goldman Sachs collectively would go on to become the top contributors to the Obama campaign . . .


Obama interviewed by Brokaw at private Goldman Sachs dinner last year. - Lynn Sweet

Don't miss the part in the Sun Times about Bruce Heyman and James Johnson.

Even the Huffington Post is not amused by the GS/Obama machinations:

Goldman Sachs employees gave just shy of a million dollars to the Obama campaign, ranking second in contributions . . .

This is one big fat ugly chicken that is coming home to roost . . .

The looting of the US Treasury has not gone as planned. Everything is spiraling out of control . . .(will Obama) will have room to dump his biggest campaign contributers overboard? . . .

Bob Ostertag: Goldman Sachs, Obama, Money

 

[SOAD]

Come on Aisy, you had to know that somehow this would turn into a bash President Obama thread?

You can consider yourself an Obama hater when:

A corporation receives billions before Obama became President, yet he is still blamed.

Goldman Sachs takes $12B Bailout, Hands out $14B Bonuses

Goldman Sachs ready to hand out £7bn salary and bonus package... after its £6bn bail-out

By Simon Duke
Last updated at 8:55 AM on 30th October 2008

 

[Voegelin]

You can consider yourself an Obama hater when:

A corporation receives billions before Obama became President, yet he is still blamed.

Obama shouldn't be blamed because he is just continuing doing what Paulson did?

Its OK that Geithner's top aid is a Goldman Sach's lobbyist because Bush, with some Republicans. and virtually all Democrats shoveled money into the coffers of Goldman Sachs too?

Obama should take no blame even when he was in the Senate when the bailout was handed out and his party was all for it? Democrats ran congress at the time. They and Obama were responsible for drafting and passing the bills which gave the money to Goldman Sachs. Bush signed the bills over the objections of the base of his party and many Republicans in Congress. But now Obama has nothing...NUTHING to do with any of it?


In addition, he deserves no responsibilty for selecting a person for Treasury who was instrumental in the AIG bailout which gave Goldman Sachs a windfall from taxpayers?

Is that your story? You really believe this?

If so, how long does this pass you are giving Obama last? Can he continue to enrich Goldman Sachs for 6 months, a year, 4 years? Is there any amount of taxpayer money he, Pelosi and Reid could give Goldman Sachs which would make you stop and say..."no mas"?