Golden Sacks

by saylagare on November 13, 2009

It is amazing to watch Goldman Sachs continue to rake in the money. They made a fortune suckering folks into sub-prime mortgages, then turned around and dumped those mortgages on others under the guise of AAA securities. The were made whole on all of the AIG debt they held. Their CEO and other top executives continue tor rake in hundreds of millions of dollars at the expense of the taxpayers, shareholders and customers. And they seem to be able to do all of this “legally”. How fortunate for them. Or is it?

What is legal? Is it legal when the ratings agencies collude with the bond issuers, from whom they are paid, to create top-rated securites from junk? In this country, it apparently is.

Is it legal when a former CEO of Goldman Sachs is allowed to become Treasury Secretary, shell out $700 billion dollars to Wall Street, and even have money laundered through the likes of AIG to make their former employer whole? In this country, it apparently is.

Is it legal when the same former Goldman Sachs CEO forces Lehman Brothers, a key competitor to this company,  to fail, thereby improving Goldman’s market position? Apparently, in this country, it is.

Is it legal to promote the former NY Fed President, who was supposed to be overseeing Wall Street investment bank shenanigans, to be the current Treasury Secretary, thereby continuing this rape of the taxpayers? It is apparent that it IS legal in this country.

Which is why we should be saying:

I pledge my assets
to the Goldman Sachs in America
and to the Republic
for which it owns
under gold
with illicitness, and injustice, for all.

WHAT A COUNTRY!!!

Does Goldman Sachs have an unfair advantage under current regulations?

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