The Main video titled Glodman Sucks" Sachs - Fascism at its finest! features Matt Taibbi, reporter and contributing editor for Rolling Stone. He has investigated, reported on and exposed much on Goldman Sachs. Amy Goodman with "Democracy Now" interviews Matt Taibbi and he has some very good and angering comments.
"They can get what they want when they want from Government."
"If AIG was allowed to go bankrupt Goldman might actually have gone out of business"
"It was Goldman Sachs bailing out Goldman Sachs in the middle of the bailout"
(LR comment: Does this mean that Hank Paulson, who orchestrated all of this violated some ethics or even worse was involved in a conspiracy which utlmately cost the American people? If so, should he not be investigated and charged with some crime or crimes?)
"During the same week (as the AIG bailout) Hank Paulson elected not to rescue Lehman Bros....they went from almost certain disaster to seeing their primary competitor leave the market."
(LR comment: Here again, not rescuing Lehman Bros., Goldman's "primary" competitor, a decision made by former Goldman Chairman, Secretary of the Treasury Paulson, not some type of conspiracy? Come on now. JP Morgan was paid by The Fed to save Bear Stearns, Bank of America was forced to buy Merrill Lynch but no effort what so ever was made to do anything about Lehman. I can't believe the stockholders of Lehman, the true owners of the company have not taken action.)
There is so much more in this interview like Goldman Sachs in 2008 paid a total of $14 million dollars in taxes. Taibbi says this amount is about one third of what CEO Blankstein made in compensation that year. The reason for this he says is that Goldman moved most all their revenues to foreign countries with lower taxes. All this while they were receiving billions of dollars of little people's tax dollars, paid themselves handsomely with no care or consideration to the hardships those "working" people were enduring whose money they took.
If anyone thinks Bernard Madoff was bad, he looks like a small time street pusher compared to the Goldman Gang.
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