When will all this change? Not until the American people rise up and replace about 75% of the incumbents in Congress with Americans who care about other Americans more than their own Wall Street Stock. Until that time you can expect them to continue with their Newspeak about health care “reform” and how our economy is improving as corporate health care insurance companies drop 600,000 Americans from their rolls and corporations continue to lay off thousands of Americans to keep the bottom line of their dividends up. Goldman Sachs fired 10% of its workforce last year and handed out hundreds of thousands of bonuses to a few already rich executives and TIME magazine gives Lloyd Blankfein its man of the year award? What kind of morality is that? That is the morality of the rich. DO NOT HOLD YOUR BREATH FOR A RICH WALL STREET OWNED LEGISLATOR TO REPRESENT YOU IF YOU ARE AN ORDINARY AMERICAN. At best you can expect them to throw a few crumbs from their banquet table feast–the feast that was bought with YOUR tax dollars. THE ONLY THING WE OWE THESE JACKASSES IS TO KICK THEIR ASSES OUT OF OFFICE!
THAT’S RIGHT! OUR ELECTED OFFICIALS, LED BY BERNANKE AND GEITHER GAVE THIS MAN BILLIONS FOR HIS POCKET AND HIS FRIENDS’ POCKETS. Did he loan money to small business as was the purpose of his loan? Hell no. He turned around and gave it back to other fat cats in the form of bonuses! Then typical of some rich greedy sllimes, he gives a few crumbs back (the people’s money) as “charity.” If there is a hell, it will surely be Blankfein’s last address for the harm that he has done to millions of people.
Lloyd BlankFein, CEO Goldman Sachs--if he had morals, he would offer all holders of sub-prime loans a fixed rate that was in effect when they were sold their sub-prime loan–a loan purposefully designed to take advantage of those who could least afford it.
GOLDMAN SACHS REPORTS RECORD EARNINGS of $3.2 BN PROFIT and $12.2 in REVENUES!
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What utter tripe–on the same level of misinformation magnitude as their support of George Bush’s lies about Weapons of Mass Destruction. They are in the business of supporting any lie to maintain the well-being of the upper 1%. Here are some basic facts to factor into your consideration of the $3.2 bn profit:
1. Goldman Sachs got a $10 bn handout from the American people last fall which they paid back in July. This was made out to be a big dealt as if Goldman Sach was really paying back all the money that it took from the American people.
2. The taxpayers bailed out AIG Insurance company to the tune of $85 billion. Goldman Sachs got $12.9 billion of that as a repayment of loans that they had made to AIG.
3. Goldman Sachs lost THREE of its competitors last year: Bear Sterns, Merrill Lynch and Lehman Brothers. When companies lose their competition that means more of the pie for them. DUH. Even the most dull of dullards among us get this basic rule of capitalism.
4. Over the last year Goldman Sachs has fired 10% of its employees ( about 7,000 people). This is what Wall Street companies do to improve their bottom line. They fire employees. This improves their bottom line and makes more money available to give to their shareholders–their ultimate measurement of “success” is how much money that the upper 1% get. They look good on their books but it does not say a damn thing about their true success as an enterprise–unless you count “success” as a firm’s ability to hoodwink the American people.
AND MAINSTREAM CORPORATE-OWNED MEDIA PLAYS RIGHT ALONG WITH THE INSULT TO THE AMERICAN PEOPLE. TIME MAGAZINE SELECTS LLOYD BLANKFEIN AS THEIR MAN OF THE YEAR! Do you really think that 2/3′s of the Senate and half of the House give a damn about the American people? if so why? They not only hurt us, they insult us in the offing.
Bernanke and Tim Geithner have shown themselves to be nothing more than Wall Street pimps–and yet our elected officials continue to indulge these two Wall Street shysters.
GOLDMAN SACHS TAX RATE IS NOW AT 1%. [Goldman Sachs Group Inc., which got $10 billion and debt guarantees from the US government in October 2008, expects to pay only $14 million in taxes worldwide for 2008,compared with $6 billion in 2007.]
Don’t you wish that your tax rate was at 1%? I sure do. Perhaps this explains Goldman Sachs CEO, Lloyd Blankfein’s intentions to go ahead and distribute those large bonuses among his Wall Street corporate welfare executives. Who knows? Perhaps it was their “brilliance” that figured out how to cheat the government out of billions that they should be paying in taxes.
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WHAT WILL THE AMERICAN PEOPLE GET NEXT YEAR IN TERMS OF CHANGE IN THE HEALTH CARE SYSTEM? NOT MUCH MORE THAN BARACK OBAMA’S RHETORIC OF “HOPE”.
1. AETNA will still cancel the policies of 600,000 of their customers in 2010 as they have promised so they can increase the bottom line of the dividends that they pay out to their share holders–many of whom are elected officials in Congress.
2. Rising costs of US health care will still continue to rise–with or without the Senate health care “reform” bill.
3. 44,000 Americans will still die needlessly in 2010 from the lack of health care insurance–with or without the passage of the Senate.
IT IS NOT BIG GOVERNMENT THAT SHOULD BE FEARED: It is big corporations and multimillionaires in the Senate who are stockholders in these big corporations. They vote to increase their profits. Yes, it is as simple as that.
Obama is as out of touch, and/or doesn’t give a damn about the economy–at least not for the ordinary Americans. Obama first met with the CEO’s of several large organizations as well as the head of the AFL-CIO on the topic of job creations.
Obama misses the point. Large corporations are not about job creation. They are about profits for their shareholders. That is their number one priority and they don’t care who they have to shaft to get it. Case in point: AETNA recently announced that it was going to cancel the policies of 600,000 of its customers in the next year. DO YOU THINK THIS HELPS THOSE AMERICANS WHO HAVE POLICES THAT WILL BE CANCELED?
Hell no, but it will increase the dividends that people like Evan Byah, Joe Lieberman, John McCain, Eric Cantor and other multimillionaires in the Senate will get.
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HEALTH INSURANCE IS A MIDDLE MAN FINANCIAL BUSINESS THAT HAS NOTHING TO DO WITH HEALTH–AT LEAST NOT THE HEALTH OF ORDINARY AMERICANS!
It does not have a damn thing to do with health care. The ONLY thing that the health insurance industry has to do with is paying big dividends to the rich. Health insurance companies do not take care of you–doctors, nurses and other medical professionals do. If anything, the goal of health insurance corporations is to REDUCE the health care that they dispense to people because this increases their bottom line.
THIS IS WHY AMERICANS WILL NEVER HAVE AFFORDABLE HEALTH CARE FROM A FOR PROFIT HEALTH INSURANCE SYSTEM–THE RICH WILL ALWAYS GET PAID FIRST AND THIS MEANS THAT THOSE ON THE BOTTOM WILL CONTINUE TO NEEDLESSLY DIE.
Their lobbyist spend millions to twist words and leave the impression that to make the health insurance business a non-profit system would somehow mean “socialized medicine” which is a damn lie. Of course it would not be a lie if health insurance companies actually were the same as those who actually take care of the sick, but they are not. Health insurance companies take our money and then try to keep as much of it as possible for their rich shareholders. THEY ARE NOT IN THE BUSINESS OF DISPENSING HEALTH TO THE AMERICAN PEOPLE. THEY ARE THE SYSTEM THAT MUST BE CHANGED.
But don’t expect change as long as people like Joe Lieberman, Evan Bayh and most of the Republicans in the Senate are in control. These people enjoy the closest thing our country has to a single payer system AND they make a profit in the form of Wall Street Dividends paid to them by health insurance corporations.
