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According to the Collins English Dictionary 10th Edition fraud can be defined as: "deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage".[1] In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual; the related adjective is fraudulent. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and also a civil law violation. Defrauding people or entities of money or valuables is a common purpose of fraud, but there have also been fraudulent "discoveries", e.g. in science, to gain prestige rather than immediate monetary gain
*As defined in Wikipedia

Thursday, April 15, 2010

Goldman Sachs vs. Harry Reid

Charles Gasparino of Fox Business News did a story yesterday about a fund raising event hosted by Goldman Sachs President Gary Cohn.  This was obviously a Democratic fund raising event to which Senate Majority Leader Harry Reid was invited to attend.

Well, certainly no problem there.  A high ranking Democrat going to a Democratic event hosted by a Democrat who works for a largely Democratic company whose contributions to Democrats far out way their contributions to Republicans.  Certainly a "safe haven" for any Democrat, right?  Not so for Harry Reid.  According to Gasparino's article.
" ...Reid was verbally harangued by several senior Goldman executives, including Cohn himself, for being part of the growing chorus of politicians who are using anti-Wall Street rhetoric to score political points."
 The article goes on to say that according to people with direct knowledge of the event Cohn most vociferous lambasting Reid. 

How elegant and sophisticated these Goldmanites are as they prove once again their arrogance and total disregard for anyone other then themselves.  And they wonder why they are so hated!

An old friend of mine once said to me, "money doesn't care who owns it", meaning having money does not give one any amount of class or sophistication.  This statement certainly holds true for Goldmanites.  What they all have in cash is equaled only by what they exhibit in stupidity, ignorance, selfishness and arrogance.

We would all agree that a private dinner event whose main purpose is to raise money for a politcial party you so strongly support is the absolute wrong place to air your dirty laundry not to mention the total lack of protocol and RESPECT  in treating an invited guest who holds one of the highest political positions in this country as they did.  If we were on the streets of New York talking about them I believe the street would call them "low class bums".

Read Charles Gasparino's full here and watch the video below


Anonymous said...

Just like in Gangs of New York

Goldman wears the hat....

Anonymous said...

Pretty much describes the populace...

"Most people prefer to believe their leaders are just and fair even in the face of evidence to the contrary, because most people don't want to admit they don't have the courage to do anything about it. Most propaganda is not designed to fool the critical thinker but only to give moral cowards an excuse not to think at all."
-Michael Rivero

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