Friday, July 26, 2013

Oh, Goldman-Sachs, Is There Any Amount of Fuckery That You Won't Engage In?

Goldman Sachs has been artificially inflating the cost of aluminum, costing the economy billions of dollars a year.

The Daily Show covered this last night in two parts.

Goldman Sachs is creating artificial bottlenecks to drive up the price of the product that it controls. Which was the Enron strategy in a nutshell.

Can we set up the guillotines, now, please?

4 comments:

  1. The scary thing is that they will do this to the food supply. Inevitably. And our misguided brothers and sisters that vote for sociopathic monsters will be openly approving of the idea of the poorest of us dying of hunger.

    And all the price increases that the survivors get to complain about... they can blame that on Obama.

    Just you wait and see. Obama will be the scapegoat for conservative blame for the next century.

    ReplyDelete
  2. In short? No, nothing will stop them until someone finds a way to pry them out of their lip-lock with the .gov.

    LittleRed1

    ReplyDelete

  3. Kunstler said it first, someone please take Lloyd C. Blankfein into the cloak room and shoot him. What a damn weasel.

    -Moe

    ReplyDelete
  4. I was raised to be a good little consumer, but No more. My entire life will be devoted to reduce reuse and recycle. It is now my best form of protest to use as little of "stuff" as possible. They have done this to themselves and it will be ugly when we all cut way back. Tough luck America. I do feel sorry for the local merchants but that's life.
    Older cars, wood heat, grow my own and hunt. I gave up drinking, not interested in TV. F them all.
    w3ski

    ReplyDelete

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