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Were Goldman Sachs Executives posing as Conservatives?
As I sat through the hearing last night, watching Goldman Sachs answer to both Republican and Democrats, I just could not keep my mind off of a discussion concerning "Financial Reform".
So I would like to ask you; Did you watch? Do you not think that Goldman is deserving of reform? What is your take on the "Jobs Bill"?
I think that those executives from Goldman were posing as conservatives. We all know that they are Republicans. I hope that this is not what could be percieved as conservative. I am not that kind of conservative; And I will remain Independant. We must learn to be more flexable and accomodating as Americans. We are the "melting pot" of the world. There can be no more us and them in America. It is we. Let us not be divided or moved. America should work at being more in concert with itself.
Sen. Carl Levin (D) of Michigan is my kind of conservative for pulling back curtain on bankers' ethics.
Peace
Tags: Goldman, bill, fincncial, jobs, reform, sachs
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Replies to This Discussion
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Permalink Reply by American Man on -
So you think that Goldman doe's not need to be put in check?
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Permalink Reply by Mike Mott on -
I'm questioning HOW we put them in check not IF we should put them in check.
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Permalink Reply by American Man on
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I'm sure our legislators will have discussions. You have some good points (as well as bad-we all do) Might I suggest that you contact your legislator with your views. (Please ignore party affiliation) It has been a pleasure having this discussion with you all! I hope it will continue!
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Permalink Reply by Mike Mott on
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Harry Reid? Nope. I intend to see him gone.
John Ensign? Nope. I intend to see him gone.
Dean Heller? Yep. I contact him quite often, and in fact once a quarter he makes himself available to constituents via a town hall telecon. I intend to help him be reelected.
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Permalink Reply by American Man on
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Prosecution calls for discovery. Why would more emails be needed. Anybody can see what happened. The questioning of these greedy folks came from Republicans as well as Democrats. Good thing is.. Both parties now agree that we need reform.
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Permalink Reply by Mike Mott on
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Both parties have agreed to a number of things that didn't turn out well, which means that their mutual agreement is no recommendation for action.
It is government interference in the markets that created the bubble, the moral hazard, and the environment in which institutions were able to grow large enough to create a systemic risk. Reform can't be serious unless it eliminates the structural problems created by government interference.
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Permalink Reply by DaveG on -
Irony in action ...
Sure, let's let the administrations regulate Goldman-Sachs.
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Permalink Reply by American Man on
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I agree that the deficit is too large at the present time; However, I do think that the idea is to get the country moving economically in the right direction and then eliminate government jobs as individuals move into the private sector as it / the economy grows.
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Permalink Reply by Mike Mott on
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The government jobs MUST be eliminated first as they are the anchor preventing growth.
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Permalink Reply by American Man on
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You must be a Goldman executive...
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Permalink Reply by Mike Mott on
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Nope. My working career has been as an engineer, manager, executive in the aerospace business. I sometimes call myself a rocket engineer. I stay as far away from all of that financial stuff as is humanly possible.
In mid-career I decided that I was competent to manage my own portfolio, thank you very much. In one year I managed it until it was 25% or so less than when I started. I turned the job over to pros and have never looked back. I found a broker who only charges me a flat fee based upon the size of my portfolio. The bigger he makes it the more money he makes. I'm happy to pay his fees.
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Permalink Reply by American Man on
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It is good that you have an honorable broker.
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