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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (191445)	3/18/2009 9:31:32 AM
From: stockman_scott	Respond to of 306849

IMO, Goldman Sachs is like an ultra-powerful mafia organization on Wall Street -- no other firm is as well connected and gets the deck stacked in their favor no matter what happens...Goldman is always looking out for their shareholders but not always doing what's honest and best for the country...Goldman Execs (and former Execs) often don't worry too much about integrity and conflicts of interest...And of course Goldman has come out of this severe downturn in a much stronger position than any other investment firm -- and some (like Lehman Brothers) didn't even make it all.

To: patron_anejo_por_favor who wrote (191445)	3/18/2009 9:37:31 AM
From: DebtBomb	Read Replies (1) \| Respond to of 306849

Even with banks fixed....the real issue is debt and the public's losses in real estate and stocks IMO....net worth. I don't care how many banks you fix (if you even could)....it isn't going to fix the economy. It's like the whole (fix the bank thing) is a diversion from the real issues. Service economy and consumer spending = 70% GDP. Further, you have a demographics spending bust and peak oil, gutted manufacturing, unemployment that will likely exceed that of the great depression. It's over. I.O.U.S.A. Tell me how fixing the banks does anything? Don't you get it? The titanic is sunk. They are looting us to save the elites. The banker buddies and the wall street gangs get the lifeboats....and you're paying for it.