Max Keiser Destroys Goldman Sachs

“They are literally stealing a hundred million dollars a day. Goldman Sachs is stealing every day on the floor of the exchange. They should be in the Hague, they should be taken on financial terrorism charges. They should all be thrown in jail”

See Also: Another Great Quarter For The Corporate Mob, Goldman Sachs bonuses, new push for “say on pay” bill, Goldman Sachs et al. Sing “Don’t Worry, Be Happy”, Too Big To Think About, Max Keiser Takes Offense to Goldman Sachs Story, Wall Street Meltdown Benefited Big Players, President Obama, Where are the Progressive Economists?, “What About US, Obama? What About US, Goldman Sachs?”, Darwin in the Financial Markets, and Barbarians at the Window (The Saching of the U.S. Economy).

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Conservatives & Historical Hypocrisy In Screaming Affirmative Action

One of the highly entertaining aspects of Sonia Sotomayor nomination and confirmation process has been the constant refrain of “Affirmative Action” pushed by conservatives as they seek to undermine Sotomayors reputation. You see, in conservative circles, affirmative action is synonymous with a person of color getting a job that they didn’t deserve (when there is probably a much more qualified White Male available!).

Apart from being laughable given Sotomayors extensive judicial experience and readily apparent intellectual discipline, conservatives seem to have a comically short-term memory in relation to their own less-than-qualified picks for the Supreme Court. Or, in short, Clarence Thomas.

I’m not necessarily saying Clarence Thomas was selected by George H.W. Bush for the Supreme Court because he was black. But I am saying Clarence Thomas has been an embarrassment to the Supreme Court for his 18 years on the Supreme Court, displaying a complete lack of even basic understanding of Constitutional Law and repeatedly falling asleep during oral arguments on some of the most important constitutional and civil right cases of the past 2 decades. Incidentally, Sotomayor was appointed by H.W. Bush to the U.S. District Court for the Southern District of New York around the same time Thomas was appointed to the Supreme Court.

The simple question is Independent of personal background, is Sotomayor qualified for the Supreme Court?, and the answer to that question is a resounding yes. Pose the same question about Clarence Thomas, and the answer is a resounding no.

See Also: Sonia Sotomayor and Affirmative Action, If You Got A Racist Mind, Uncle Pat on MSNBC: America is “a country built basically by white folks”, Stop It, “Affirmative Action Increases Diversity by Discriminating Against White Men”, Pat and Sonia, On Sotomayor And White Privilege, Judging Sonia Sotomayor?, and The 5 Most Racist Moments of the Sotomayor Confirmation Hearings.

[tags]Sonia Sotomayor, sotamayor, supreme court, affirmative action, reverse racism, clarence thomas, conservatives, qualifications for supreme court nomination, confirmation, republicans[/tags]

Goldman Sachs Is Back (By Riding On The Back Of The Taxpayer)

See Also: Another Great Quarter For The Corporate Mob, Goldman Sachs Full Frontal, What Did the American Taxpayer Get for its Billions?, Goldman Sachs in Talks to Acquire Treasury Department, Goldman Wins Workers Lose, And You Thought You Hated Goldman, How About Some Perspective on these “Earnings” Reports?, Goldman Sachs Posts Record Profits, Wall Street’s Party Fades But Still Notches Accomplishments, Pressing the Reset Button, and Profits and Pitchforks.

[tags]goldman sachs, gold man sachs, goldmen sachs, taxpayers, tax-payer, bailout, TARP funds, TARP bailout, cartoon, political cartoon, comic, comics[/tags]

Another Great Quarter For The Corporate Mob

Last fall, the American taxpayer handed over $700 billion dollars to Wall Street because the American economic system would supposedly collapse if the big banks failed. Now, just 9 months later, the largest recipients of TARP bailout money are now posting record profits and handing out exorbitant bonuses.

This past week, Bank of America announced a quarterly profit of over $2.4 billion [source], Citigroup announced record profits of over $3 billion [source], and Goldman Sachs reported profits of over $3.4 billion [source]. Even worse, Goldman Sachs is going to distribute over $11.3 billion in bonuses to it’s employees this year, or over $1 million per employee.

So, let’s just get this straight: the American taxpayer gave nearly a trillion dollars…. so banks could make record profits and so Goldman Sachs could distribute over $11.3 billion dollars to it’s employees. IN BONUSES ALONE.

This isn’t capitalism, this isn’t socialism, this isn’t the work of the free-market… this is pure theft from the American taxpayer and the United States government.

See Also: The real price of Goldman’s giganto-profits, Another Day, Another Bank Getting Rich Off Your Money, How to earn money like Goldman Sachs, Goldman is a little bit pregnant, Letter sent to Goldman Sachs PR chief, JPMorgan, Goldman Sachs Profit Surge is an Accounting Mirage, Not a Sustainable Sector Trend, Free market economics for dummies (and Goldman Sachs), So Now Profits Are Bad News? The Demonization of JPMorgan Chase, Goldman Sachs and Bank of America, Goldman Sachs returns, Asset Sales Lifted Citi and BofA to Profit, Glenn Beck Explains the Goldman Sachs Web, As Bank Bonuses Swell, Congress Gets Bill on Pay, and JPMorgan, Goldman Sachs Profit Surge is an Accounting Mirage.

[tags]bailout, tarp, goldman sachs, wall street, aig, bank of america, boa, citigroup, record profits, corporate bonuses, executive bonuses, revenues, theft, capitalism, socialism, cronyism, corporatism, thieves[/tags]