Did Goldman Sachs caused both the 1929 and 2008 depressions? (1/2)

[Papergei1]

Very impressive and informative !!

[danger0usknowledge]

Political reality says you need the $ backing of Big Finance. You can be either totally bought & sold like republicans or you can be partially owned by big biz like dems & conservadems. Goldman only contributed to Obama's campaign in 08 b/c republicans made it clear they were throwing McCain's campaign to Obama which is why the the RNC's PR machine wasn't operating (lying) @full capacity. Christopher Hitchens was the only one with the nerve to say on TV that the RNC threw the campaign.

[siradon2000]

@danger0usknowledge Ignoring the Democrats involvement is just plain foolish. Bill Clinton enforced Jimmy Carter's "Affordable Housing Act" and simply didn't sign back in the Glass-Steagle Act which allowed the "sub-prime" lending to begin with. Bush Jr. in reality only made the process more profitable by allowing Banks to sell these high risk loans to other banks.Rham Emanuel was one of Obama's "friends" for years, and a Goldman Sachs Lobbyist.To claim they're only partially owned is ridiculous

[danger0usknowledge]

@siradon2000 False equivalence. Republicans are

WHOLLY OWNED & PROUD OF IT.

Identity politics takes care of their uninformed voters.

The last 2 Republican Admin:

1989, 8 yrs of Reagan & Republicans & Bush Sr was

forced to bail out 2000 banks & S&L's.

2008, after 8 yrs of Bush Jr, 12+trillion to bail out banks again.

What a joke of a record. What do u do if u're a Republican?

U get the amazing PR machine to call everyone else socialists

& yell Barney Frank! George Soros! Clinton! Rham!

[siradon2000]

@danger0usknowledge False equivalence? Unions are the LARGEST donors to political candidates and have been at least dating back to 1989. Note Democrats had Majority of Congress during most of Reagan's 8 years, and the bailouts during Bush had to be passed with Democrat Majority, as well as the Stimulus, and the Obama Bailout. What do you do if you're a Republican? Same thing any intelligent voter should do, check their voting history, and try to find someone close to your ideal candidate.

[danger0usknowledge]

@siradon2000 I was in favor of both bailouts b/c I am in favor of keeping the world economy afloat. My point was, if I had those 2 events on my watch I would be screaming socialist at opponents while rebranding myself tea party to compensate If Republicans won in 08 they would never have allowed to tolerate 11% unemplm't w/o stimulus to combat the Bush recession & resulting unemplm't The unions gave more that the Chamber of Comm, GS, than combined corporations or proxies? I doubt that.

[siradon2000]

@danger0usknowledge Go to my channel and look under the topic "Economics", do me a favor and watch every video. What you need to understand is that Democrats as well as Republicans are both "WHOLLY OWNED" (barring the Tea Party Candidates voted in last year, they clearly are not owned as of yet). I like Jesse Ventura's explanation, politics is like wrestling, they talk smack in the ring (in congress),but at the end of the day they all go out to dinner with each other, and are the best of friends

[siradon2000]

@danger0usknowledge The "false equivalence" is simply you being in denial. Its a harsh reality that many people have realized, and whether you want to admit it, you know its true. History is history, you can't change it, whether you like it or not. The Clinton's, Obama's, they pander to big business and lie to their voting base to get elected, whats worse is that you fall for it every time.

[danger0usknowledge]

@siradon2000 "Political reality says you need the $ backing of Big Finance."

I couldn't have said it better myself...except that I did say it 8 months ago

as per the above comment. It's reality & Citizens United makes it even

more so. It's already figured into my political equation.

Obama or Clinton don't have to lie about it...they just make

sure a little of something is put aside for the middle class

like having the unmitigated nerve to have middle class

tax cuts as part of the $timulus.

[siradon2000]

@danger0usknowledge Actually by giving Big Business Bailouts, and Printing that "Stimulus Money" the middle and lower class are the only ones who really lose. Inflation caused by the massive printing of the money given to those Big Business'. "like having the unmitigated nerve to have middle class tax cuts as part of the $timulus." Under Reagan who had Majority in Congress? How is inflating the cost of everything by printing more money and giving that money to the rich putting anything aside?

[siradon2000]

Yeah I also remember Tax Breaks for large corporations being included in the "Stimulus" that Obama seemed to be making a stink about during the Debt Ceiling debacle. You know, the ones "we didn't ask for, and didn't want", the same ones he signed into being? See the addition of those tax cuts was really not that beneficial when you realize that Inflation has risen over 3.5 percent over the past 2 years, and will continue to rise due to the Fed printing more money to keep interest rates low.

[danger0usknowledge]

@siradon2000 - tax breaks in stimulus?

Like the ones that went to Solanga?

China spends 30 billion on subsidies

to their solar which means our solar

has to leapfrog current tech to win the

race which means big risk which means

Obama did the right thing your

propaganda notwithstanding.

1989 & 2008 ...the last 2 republican

administrations were a disaster.

[ljl0539]

I'm Chinese,although the United States is a democratic country,Goldman Sachs can control the United States Government,the subprime mortgage crisis Goldman Sachs profit maximum,they requested the Government to take your money save them

[Godtaughtmehow]

Inform your children, educate them... they NEED to know and understand...

[Thisawareness]

Al Gore: Lord Carbon Credit Former Vice President Al Gore’s crusade against carbon dioxide emissions could make him millions of dollars. With help from friends at Goldman Sachs, Gore has established a network of organizations to promote the “climate crisis”—and keep himself in the spotlight. Gore’s crusade already has had an enormous impact on corporate decision-making and government policies.

[dubya12825]

Rolling Stone. Really. What a "great Mag" Thanks Tom for that plug.

[brion1125]

wow gulf oil spill..they dumped stock before

[spectre1929]

imagine the U.S bought Mexico government bonds .Mexico has a new government caused by an economic crisis,the new government reveals that a Chinese bank with the Chinese stock market had colluded with the Mexican government to defraud the U.S ? what would happen ? Goldman Sachs and Wall street with the greek government has done something similar ?? guess who bailed out Greece just a short time ago against the will of there own people ?yes China ,how long before China starts demanding answers ??

[spectre1929]

how long before German neo nazis start pointing out that this crisis if not ended will bring Germany down had been fueled by Goldman Sachs a Jewish named bank ?? This crisis is set to get much much worse ?

[mariecamenzind]

I guess Goldman Sachs is crashing the market again this week because they didn't like Obama's SOTU speech where he said he was going to regulate the banks... no more too big to fail and speculating w/other peoples deposits (Volker's plan). I'm taking every penny of mine out of the stock market come Monday. I don't trust these thieves who profit off the savers.

[krist300]

i guess this is what jewish people are always talking about when they discuss anti-semitism. When you steal the equivalent of a nations wealth, i guess it can get alot of people pretty angry at the perpetrators. When names like Greenberg, Weil, goldman, Sachs, Madoff, Greenspan, Bernanke, are all implicated in massive scandals, and trashing of a nation in the name of stealing and greed, you know what comes next.

[marxbitesall]

Hartmann is a clueless asshole. The Dems ruled 40 of the 48 yrs between 1932 and when they lost the majority for the 1st time in 40yrs under Slick.

See Wall Street, Banks, and American Foreign Policy at lewrockwell "dot" com

Big Business and the Rise of American Statism at praxeology "dot" net

Rockefeller Reps AND Morgan Dems who conspired to create the FED for their greedy shylock selves are the LYNCHPIN to our massively corrupt and genocidal govt run from above by the MICC for 100yrs

[cltube38]

GS house is full of crooks. We need to stop these thieves.......Madoff and GS are the same kind...