How Goldman secretly bet on the U.S. housing crash
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Uploaded by TheRealNews on Nov 3, 2009
Goldman didnt tell buyers of $40 billion in securities it was secretly betting the other way
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no no no, belief in free markets is like belief in christianity. Here let me debunk you.
A bad enviroment and lack of social responsibility would result in lower profits. Therefore the market will automaticly solve this to reach an equilibrium in profitability and responsibility.
See no problem
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everyone needs to read the Rolling Stone expose on Goldman Sachs. Google it.
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Im sorry quiplet but you are only partially correct...yes the bankers get away with this crap because they are in bed with the politicians but we only have the ILLUSION of elected officials...how else would a group of people with a 6% APPROVAL RATING get a 95% RE-ELECTION RATING?Or how does a 1st term Senator with NO real credentials or standout bills or impressive voting record win the Presidential election by a landslide?We want what they sell?You obviously BELIEVE what you see & hear on TV...
2 years ago 3
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How does Goldman Sachs and their cohorts spell Capitalism? COL-LU-SION: a secret understanding between two or more persons to gain something illegally, to defraud another of his or her rights, or to appear as adversaries though in agreement
2 years ago 3
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NO, this would be considered collusion. Capitalism ceases to be capitalism when the aid of government is invoked to achieve a goal. Capitalism lives and dies by the free market. Collusion and deception lives off our innate trust in government.
2 years ago 3
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keep up the good work jay!
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Contact the journalist.
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Try and experiment with going beyond your government sanctified education. Be silent for a while. It's amazing what you might learn/unlearn.
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free markets are not fine...they bring no social responsibility and the rule of profit
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Let's all get this straight. The bankers are allowed to do what they do by the politicians. The politicians are elected by you and me. We do this because we want what they sell, namely the belief that there is a route to riches by property/asset speculation.Wake up, take responsibility and get busy changing it for real..
2 years ago 3
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Goldman Sacks America
martialarm 2 years ago 15
What?!? You can't possibly mean bankers would rig the system to only benefit themselves? :P
jailarson 2 years ago 12