Obama & Goldman Sachs

And yet, Obama's SEC is investigating.

 

So... they spent money to try to defeat Obama?

And you of all people have a problem with that?

And by the way... was President Bush punished IN ANY WAY for his connections to ENRON?

 

Obama's SEC?

Oh my.

 

With friends like you

 

I'm sorry, who appointed the Chair? Eeeeeek.

 

The SEC was created by congress to be independent. It has to be. Sure, presidents get to make appointments, but it would be frightening to suggest that a president controls the SEC. Hell, we were all rightly bent out of shape because Alberto treated the justice department as the president's own personal little law firm.

 

Well, its been reported and relayed but it is impossible to decide anything. When are you people on the right going to stop comparing everything to Bush.

Seriously though, this is a legitimate point to raise if one were to look at the numbers dispassionately. That is not what the author did. There are far more questions than answers here. I think it is bogus to attribute contributions to a company because individual employees donate to a candidate UNLESS you provide some evidence that these "voluntary" contributions are actually pretty mandatory.

Second, my impression of rich people in the financial services industry is that they hedge their bets when it comes to donations. How much did McCain-Palin get from Goldman-Sachs executives and employees?

I actually think it is valid and appropriate to take a look at this stuff. But if you are going to do it, then you have to go all in and get information that you can actually use. This author got enough information to make a point and nothing more.

 

Thank you. I'd send you some rep but Huss says I can't. I hate that facist bastard.

 

Yes - Christopher Cox was a measured independent voice, just like Congress wrote it up. "Obama's SEC" might be a bit over-the-top, but let's be real, this investigation doesn't happen under "W".

 

GS gives quite a bit more to Democrats in general. Only $230,000 to McCain in 08. Of course I'm not taking Steamer's side, because only desperate brainless morans like him try to make logical leaps like this thread.

 

Upon further reflection, I have overstated it. You were right to point it out, but I still agree with monopoly.

 

The tenor of the Commission depends on its chairman, yes. But the notion that it is "Obama's SEC" is grossly overstated.

 

Or, even worse, Arnold Schwarzenegger?

 

True. Apparently the two Republicans on the SEC board (or whatever governing body it has that rules on whether to pursue an investigation) voted against it.

 

Goldman placing 2 political bets, one long and one short, at the same time?

Whoever would have thought up a crazy idea like that?

 

Here's an interesting point" Bristol palin is a christian teenage single mom. Does that mean that Christianity leads to teenage pregnancy, Sarah Palin raised a whore, or something else? You decide!

 

I forget...what State did Hillary represent before the SOS job?

someplace with large financial institutions?

 

All politics is local?

Wall Street knows NYC/NYS lean heavily democratic. It would be stupid of them not to donate more to local democrats than republicans, unless there was a republican viable enough to take the city (not applicable in 2008) or state (ditto) So if you total contributions to D/R, I suspect New York skews the #s bigtime

And Goldman are savvy and typically wind up betting on a winner - and so its no surprise they read the tea leaves and bet on Obama, not McCain/Palin

 

Are you claiming that Obama is doing Goldman favors?

 

more likely that Steamer was on one of his low information blogs and saw this and thought he was gonna finally catch the roadrunner

 

He forgot about the anvil trap.

 

You might also be surprised the members of the firm do get involved in politics for ideological reasons and lean towards moderate Democrats.