Simple Answers to Simple Questions, Floyd Norris/GS Edition
Floyd Norris is Shocked! Shocked! to Find Goldman Sachs controls Congress as well as the Treasury. Where has he been for the past three years?
Imagine the reaction if, perhaps during the 1998 Asian financial crisis, a group of Republican legislators had threatened to block legislation unless a contributor to their campaigns received special treatment. Then imagine what would have happened if a powerful House committee chairman had called companies with a direct interest in legislation pending in his committee and asked them to help out that contributor.
Why is this any different?
It isn’t. But why is this any different that the pandering to Goldman that you have been applauding for the entire Paulson/Geithner/Summers maiming of Main Street?
Don;t you understand, Goldman Sachs is doing the Lords work!
Who else will keep the realty market in the Hamptons vibrant and exciting?
In what way did Paulson/Geithner/Summers “maim” Main Street?
Nothing will change until the Congress decides to end the system of quid pro quo that is allowed to dominate our elected government. Don’t hold your breath until that happens. Even if it were to occur through an act of god there wouold still be the problem of the “revolving door” phenomenon which allows elected officials and high ranking appointees to go to work at enormous salaries for the very businesses that they were supposed to be governing while in office. Like the man once said, “Money talks. Nobody walks.”
It is particularly gauling to see members of the press and/or media complaining about any aspect of government on such an occassional basis. The NY Times and the Washington Post have been a part of the problem, not any solution. The media is selective in what it reports and when it seems to raise an issue with some aspect of governence it is usually well after the horse is long gone from the barn. Nice to know that they can recognize a problem long after the damage has been done, but seem too often to be without a voice when the crooks have only first broken into the bank.
If money didn’t rule politics we’d be at the mercy of the masses. How unthinkably horrible that would be. Think redistribution, socialism, communism and all the rest. It makes one shudder and bow down to the benefits of money.
“Think redistribution, socialism, communism and all the rest”
How about just thinking equality of all, including an equal share of the burdens as well as the rewards.