The Real Opiate of the Masses?

[Gannon]

Seems the bankers want their goods regulated as a drug.


I'd say someone is finally almost being honest.

[Gannon]

It sure would explain a bunch...

[oladub]

We are being prepped for another bank bailout.

"policymakers said it was too early to conclude a recovery was taking root and officials in the United States, Europe and China said the need for further stimulus measures should not be ruled out."

""A significant risk is therefore that the current stimulus will lead only to a temporary pickup in growth, followed by protracted stagnation,""

"June 24 [[Bloomberg) -- Billionaire investor Warren Buffett said the U.S. may need a second economic stimulus package as unemployment is poised to continue rising." Buffet says in the same article that he intends to hold on to his Goldman-Sachs assets.

Also, after taxpayers pay for another bailout, the bankers suggest that the masses will not be able to participate in the full range of investment options available to bankers and elite individuals. They take our money and change the rules for their own benefit.

"The safest instruments would be available to everyone, a second tier only to people with authorization, like prescription drugs, and a third tier to a limited number of pre-screened individuals and institutions, like experimental drugs are."

[ccbatson]

Don't do it [[another bailout). We must have learned from recent history, mustn't we? Well, at the very least, Obama can't put this bailout off on Bush.

[Lorax]

Don't do it [[another bailout). We must have learned from recent history, mustn't we? Well, at the very least, Obama can't put this bailout off on Bush.

That's why I'm contacting the "Liberal" and "Socialist" members of the Finance Committee to push for nationalizing the weakest banks, i.e. Citibank, Bank of America, Wells Fargo.

Obama needs to let these go under and start over.

Did you guys know that the average yearly income for a Goldman Sachs employee from secretarial on up is 619,000.00?

Goes to prove that having a friend in Henry Paulson is a good thing.

[oladub]

That's why I'm contacting the "Liberal" and "Socialist" members of the Finance Committee to push for nationalizing the weakest banks, i.e. Citibank, Bank of America, Wells Fargo.

Obama needs to let these go under and start over.

Did you guys know that the average yearly income for a Goldman Sachs employee from secretarial on up is 619,000.00?

Goes to prove that having a friend in Henry Paulson is a good thing.

Lorax, Time to come out of your Tush administration timewarp now for a post-Tush Goldman Sachs update. This is from near the end of a good article about Goldman Sachs. Don't worry. It also says bad things about Rethuglicans too.

Obama doesn't know anything about running banks. He has hired some Goldman Sachs alumni to do that.

AS ENVISIONED BY GOLDMAN, THE FIGHT TO STOP GLOBAL WARMING WILL BECOME A "CARBON MARKET" WORTH $1 TRILLION A YEAR.
Gone are Hank Paulson [[Lorax, please note) and Neel Kashkari; in their place are Treasury chief of staff Mark Patterson and CFTC chief Gary Gensler, both former Goldmanites. [[Gensler was the firm's co-head of finance) And instead of credit derivatives or oil futures or mortgage-backed CDOs, the new game in town, the next bubble, is in carbon credits - a booming trillion-dollar market that barely even exists yet, but will if the Democratic Party that it gave $4,452,585 to in the last election manages to push into existence a groundbreaking new commodities bubble, disguised as an "environmental plan," called cap-and-trade.
http://www.correntewire.com/great_am...bble_machine_0

[Danny]

German Philosopher Karl Marx contended that religion is that opiate of the masses and it must be elimated. It is impossible because the human soul need something to believe in.

[MCP-001]

When I first read that article, I thought that it came from "The Onion", rather than Yahoo!

If they still haven't figured out what the cause of the financial meltdown is yet, there is absolutely no help for these people!

[Gannon]

Heya Danny, and the good, old [[often misquoted and usually misused) book also says to watch that one doesn't make MONEY their religion...and vice versa, I guess...hence my thread title.


I'm pretty sure after a couple generations, America is addicted. I don't want to see what the withdrawl symptoms are...

[Gannon]

...although I'm sure there are no penalties for pulling out early!

[Lorax]

Lorax, Time to come out of your Tush administration timewarp now for a post-Tush Goldman Sachs update. This is from near the end of a good article about Goldman Sachs. Don't worry. It also says bad things about Rethuglicans too.

Obama doesn't know anything about running banks. He has hired some Goldman Sachs alumni to do that.

AS ENVISIONED BY GOLDMAN, THE FIGHT TO STOP GLOBAL WARMING WILL BECOME A "CARBON MARKET" WORTH $1 TRILLION A YEAR.
Gone are Hank Paulson [[Lorax, please note) and Neel Kashkari; in their place are Treasury chief of staff Mark Patterson and CFTC chief Gary Gensler, both former Goldmanites. [[Gensler was the firm's co-head of finance) And instead of credit derivatives or oil futures or mortgage-backed CDOs, the new game in town, the next bubble, is in carbon credits - a booming trillion-dollar market that barely even exists yet, but will if the Democratic Party that it gave $4,452,585 to in the last election manages to push into existence a groundbreaking new commodities bubble, disguised as an "environmental plan," called cap-and-trade.
http://www.correntewire.com/great_am...bble_machine_0

Let's do the Time Warp again:
http://www.rockyhorror.com/

On that note, we'll have to see if this scheme to profit on cap and trade really works. Time Warp will tell!

[ccbatson]

Lorax...you caught on a bit...way too late, and your position is starkly in contrast to that of Obama...he wants to nationalize the banks [[actually nothing is safe).