The number of people using food stamps increased for the 14th consecutive month with the number of people receiving them at a record 39,430,000! That’s equal to 12.8% of our entire population! No pictures of people in soup lines that extend around the block? There they are.
Yet Lord Blankfein at Goldman Sachs continues to maintain that they are doing “God’s work” and that they are simply doing what’s in their client’s best interest:
Goldman Sachs: No apologies
NEW YORK (CNNMoney.com) -- Goldman Sachs defended its controversial employee bonuses and multi-billion dollar relationship with AIG in its annual report released Wednesday, while downplaying its short-selling in the mortgage market.
"Our first priority is and always has been to serve our clients' interests," read the letter, in one of its opening lines.
Not to mention their own best interests. The question, of course, is who is looking out for everyone else’s best interest? This is exactly where the game went bad. Government is supposed to look after the people’s best interest and is supposed to keep rogues under control. Obviously they have allowed Goldman unprecedented access to run government and thus all representation for the people has been usurped. A story that’s getting old already, I know. Yet nothing has changed, and that is why we are going to pay dearly.
Read the rest here.