Friday, October 23, 2009

clawbacks and crumbs from the table

the pay czar talks clawbacks indeed

too little too late

goldman might not exist today if it were not for the US gov bailing out AIG and the likes

there were many many billions of flow thru dollars from taxpayers to AIG to goldman, sogen and deutch

paulsons bankstas at goldman should be subject to clawback, and then prison but that wont happen

why

because while libertarians, who in many ways i admire

cant stomach the idea of a "bank of the united states of america."..owned by "we the people" who protect systemic risk and therefore should be first in line to benefit..

so what do we get instead

we get a federal reserve system, hey, yeah, thats not socialism is it

nope

owned and operated by, with ,and for, the benefit of the oligarchical elite

yea no socialism there

now dont we feel better

a country that subcontracts its currency, is not a country..we are toast

a country that subcontracts the duties of its army to private ownership is toast

hi blackwater, caci ,triple canopy, etc

see the trend?

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