Showing posts with label Goldman Sachs. Show all posts
Showing posts with label Goldman Sachs. Show all posts

Wednesday, April 28, 2010

Make Them Vote NO - UPDATED

Yesterday, the Senate brought the financial reform cloture vote to the floor again, and for the second straight day, Republicans voted against moving forward on financial reform debate. For the second straight day, Republicans voted to protect Wall Street while claiming to be looking out for Main Street.

We didn't hear about that vote because the mainstream media was too engrossed in the Goldman Sachs Senate hearing. You know, the one where Senators were saying naughty words. We didn't hear about the second vote because the MSM likes drama and the GOP blocking the financial bill a second time was "old" news. Twenty four hours old.

However, I am beginning to enjoy the Democratic strategy of making the GOP vote against cloture over and over and over again. Someone is going to notice and say, "Hey, what's with the Republicans opposing financial reform?" Maybe they'll be saying that today on the news with a story of the impending block for a third straight day. Just like the Goldman Sachs executives claiming they did nothing wrong, Republicans will eventually be exposed for their bullshit excuses on why they're on their knees for the fat cats soon enough.

UPDATE (2:55pm): Republicans vote 'No' for a third straight day. But the fun is just beginning.

TPM: Frustrated by an ongoing campaign by the GOP to block debate on financial reform legislation, Democrats plan to hold the Senate floor open all night, potentially holding repeated votes to break the filibuster, or forcing Republicans to publicly object to debating their bill. But the move comes just as Republicans appear closer than ever to throwing in the towel.
Could it be that staying on the floor all night put a crimp in Sen. Mitch McConnell's beach plans to lay his eggs and bury them?

Monday, April 19, 2010

Goldman Sachs and Pillages

Can you believe the balls on these crooks?

Goldman Sachs Bonuses: Bank Paying Staff Over $5 Billion For Just Three Months Work

Goldman Sachs is facing a potential backlash in Europe over the fraud case brought against it in the United States, with Britain's Prime Minister Gordon Brown calling for authorities there to investigate and accusing the investment bank of "moral bankruptcy."
...Brown, currently facing a tough re-election battle, seemed additionally angry at Goldman Sachs' plan to pay 3.5 billion pounds ($5.4 billion) in bonuses as reported in British newspapers.
"I am shocked at this moral bankruptcy," he said on BBC TV. "This is probably one of the worst cases that we have seen."
Brown called for a "new global constitution for the banking system" that would, among other things, ban bonus packages like the ones planned by Goldman Sachs.

 
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