You Are A Goldman Sachs Debt Slave

[tecknixia]

Actually, this IS competition at work. Regulatory capture IS survival of the fittest, and that's what competition produces. It's the natural end result of competition, game over. What do you expect?

[deadpool03mm]

Money and power cannot be separated. Oldest flaw in the human character. Therefore, there is no such thing as a "free market". Also, no competition is possible in financial services because it's pretty much a natural monopoly industry anyway. The end result of post industrialism in which all avenues of upward mobility are blocked is that eventually, those who have the capital generated by industrial age can start lending out said money for profit. Have money= make more money. Simple as that.

[fredocorleone]

Even though Bush and Paulson bailed out Goldman Scams, nice try at putting the blame on Obama by showing his pic...

[eurogoldexchange]

Obama is responsible. He is the president, he could have stopped it, changed it. He could have introduced the public option, he could have jined the Kyoto protocol. But he is a puppet that will be as messed up as Bush Jr. in a few years..

[zxcvbnmjhgfdsa1]

obama cant do anything, if you hadin't noticed no environmental bill or health care bill because republicans wont vote for any democrat proposal. He could have asked for shares for bailout and ran the company but was afraid of being called a socialist. If only republicans can get things done like no child left behind "with cooperation from democrats" why should anyone vote democrat

[enkelin32]

A very good Non partisan read on this issue is "The Two Trillion Dollar meltdown" by Charles Morris. He goes back to the advent of deregulation that allowed this all to happen. Believe me it didnt start just in 2000 or even in 1992. It had roots back into the 60's

[fal2grace]

It's all manipulated! And they are stealing! Thanks for posting this.

[leninstreet]

This system can no longer be reformed. The corruption is the system. All any moral person can do now is to minimize the potential impact of the system on the individual. It will collapse under it's own massive weight. and the best thing to do is to be as independent of it as possible. Do not feed the bankers and I guarantee you that they will feed on eachother.

[doobsta]

10000% correct