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Old 10-17-2011
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Default A Letter From Goldman Sachs

A Letter from Goldman Sachs Concerning Occupy Wall Street

NEW YORK (The Borowitz Report)? The following is a letter released today by Lloyd Blankfein, the chairman of banking giant Goldman Sachs:
Dear Investor:

Up until now, Goldman Sachs has been silent on the subject of the protest movement known as Occupy Wall Street. That does not mean, however, that it has not been very much on our minds. As thousands have gathered in Lower Manhattan, passionately expressing their deep discontent with the status quo, we have taken note of these protests. And we have asked ourselves this question:

How can we make money off them?

The answer is the newly launched Goldman Sachs Global Rage Fund, whose investment objective is to monetize the Occupy Wall Street protests as they spread around the world. At Goldman, we recognize that the capitalist system as we know it is circling the drain ? but there?s plenty of money to be made on the way down.

The Rage Fund will seek out opportunities to invest in products that are poised to benefit from the spreading protests, from police batons and barricades to stun guns and forehead bandages. Furthermore, as clashes between police and protesters turn ever more violent, we are making significant bets on companies that manufacture replacements for broken windows and overturned cars, as well as the raw materials necessary for the construction and incineration of effigies.

It would be tempting, at a time like this, to say ?Let them eat cake.? But at Goldman, we are actively seeking to corner the market in cake futures. We project that through our aggressive market manipulation, the price of a piece of cake will quadruple by the end of 2011.

Please contact your Goldman representative for a full prospectus. As the world descends into a Darwinian free-for-all, the Goldman Sachs Rage Fund is a great way to tell the protesters, ?Occupy this.? We haven?t felt so good about something we?ve sold since our souls.

Sincerely,

Lloyd Blankfein

Chairman, Goldman Sachs
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Old 10-17-2011
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Default follow the money...

Everyone pissed at what happened, bank bailouts and all need to direct their anger at our politicians, not the banks. Why was Goldman saved? Follow the money, of our congressmen and omen are heavily invested in Goldman and others, they acted solely in THEIR best interest, not our country's.
Why are Freddie and Fannie still around? Who are the private share holders in these institutions? Well Barney Frank is one, and a biggie at that so again, follow the money folks. Cap n trade good for everyone NO! Good for a few like Gore and GE damn straight. How is it that these two GE and Gore already had carbon credits when they have not even legally been established, why did they both push so hard for passage of cap n trade...smoke n mirrors, they would have made billions!

Goes back to the politicians, make them accountable or vote them out!
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Old 10-17-2011
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UcMeat, I never felt that our votes count, like the whole thing is a farce and set up from the start, and I quit voting 7 years ago. Even if voting is legit, when have we ever gotten someone we voted in that kept their promises...as well as the fact people outta learn that the presidency is not the be all, end all ranking power in the American government. He, or she, is nothing but a puppet and all these special interest groups, corporations and so on pretty much tell him what to do, and thy reward him for it. Hell, how else could that dumb cluck, Gerald Ford, who was pretty much a flesh and blood Homer Simpson lave the presidency a millionaire?

One thing I would say to solve economic problems is get rid of the income tax, and replace it with the fair tax, which is pretty much a retail tax. People will have more of their own money for themselves, will help bring back businesses, since we got some of the highest corporate taxes around, hence why everyone's going overseas, and people will actually be able to buy stuff and invest in stuff and can get things moving again. Whatever happened, we gotta change our tax codes, since they do not work, and I always thought taxing one's livelihood was stupid to start with.


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I guess you were rather busy in September, what with the world's 4th annual transsexual porn star convention being held, yet again,
........in Leonx, Michigan.
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Last edited by ila; 10-17-2011 at 08:26 PM.
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Old 10-17-2011
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Trogdor

Don't be so down on voting unless you are ready to pursue the alternative. In general political systems can be drastically changed one of two ways. Change the system from within utilizing all of the methods and tools available within the construct of the system...or...attack and destroy it externally, which means the use of extraordinary force, aka revolution.

Evolution in not an option because the change is too slow. When a society is fed up enough, it must resort to one of the two options listed above. There are precious few that have succeeded via the first, but they have indeed succeeded proving the point that it is possible. More often than not, societies have chosen the latter.

Questions all peoples must continuously ask of themselves. is our government working for us in accordance with the foundation and legalities provided to it? If the answer is no, then change is warranted. Forget not, that governments will protect themselves at all costs, and like any institution will seek to preserve itself at the expense of all other, even if they supposedly represent you, they will represent themselves first.
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Old 10-17-2011
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I am facepalming over the last three posts.
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Old 10-17-2011
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Originally Posted by Enoch Root View Post
I am facepalming over the last three posts.
What's the faceplamable (if that could be considered an appropriate past tense of it) parts?
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Old 10-21-2011
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What's the faceplamable (if that could be considered an appropriate past tense of it) parts?
Companies do what they do because of greed--with or without taxes, be they low or high. Your comment about them in regards to taxes falls to that old line of the poor private sector always being the victim of government. When a system is dependent on greed anything goes.
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