Is Goldman Rooting For An Anti-Obama Economic Agenda, Or What Happens If Unemployment Benefits Aren't Extended?

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Thu, 07/08/2010 - 08:22 | 458002 RubberMartyr
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Peak Government?

Thu, 07/08/2010 - 09:28 | 458004 Pamela Anderson
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Thu, 07/08/2010 - 08:25 | 458005 Chemba
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Enough already.

There are hundreds of analysts and economists at Goldman Sachs that publish research that expresses their opinions.

There is no such thing as Goldman Sachs' view.  This is Alec Phillips' view, that was Jan Hatzius' view, those things over there are David Kostin's views, that babble over there on CNBC is Abby Cohen's view.  It's no different than the diverse opions you will see on this forum.


Thu, 07/08/2010 - 08:37 | 458022 pan-the-ist
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No... you shall not taint my belief that Goldman = AntiChrist with your relativism. Liberal!

Thu, 07/08/2010 - 08:47 | 458024 Rider
Rider's picture

Sorry, but if you work for a firm doing analysis and opinion your work products becomes THE FIRM OPINION.


Typical American Unaccountability "Dilema".

Thu, 07/08/2010 - 08:48 | 458051 kingwallop
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the Vampire Squid Definitely has a view. Them = Gods/Elites Us=serfs/slaves 

Thu, 07/08/2010 - 09:47 | 458142 Running on Empty
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The Vampire Squides View.

Thu, 07/08/2010 - 14:13 | 458706 Ripped Chunk
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Chemba, what does GS semen taste like?

Thu, 07/08/2010 - 08:31 | 458010 tanerlorn
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I am jobless right now.


Should I get on unemployment or continue seeking work?

Thu, 07/08/2010 - 08:36 | 458020 Sudden Debt
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why don't you buy a lottery ticket and win the lottery?

Thu, 07/08/2010 - 08:42 | 458032 pan-the-ist
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I've always been confused about that.  Why don't lazy jobless people just win the lottery.  Sounds just as easy as finding a job.

That being said, if all else fails, lower your expectations.  We need more poor Americans to help chase the immigrants out of the jobs the poor Americans should be doing. How else are we going to solve the immigration crisis?  Americans have lived the "dream" for far too long.  I imagine it will be like "Gangs of New York" but set on a huge farm instead of a New York.

Thu, 07/08/2010 - 08:46 | 458036 Rider
Rider's picture

Do the right thing:

1. Apply to all programs on America welfare state, the ones you qualify and not.

2. Stop paying mortgage, take all credits possible.

3. Wait 2 years living on your hobbies, until your benefits expires and then re-extended again. The credit scores will be resetted ("It was just the housing bubble, its alright").

4. Take more credit to infinitum, or 'til Benron is in prision.


Thu, 07/08/2010 - 09:00 | 458070 Commander Cody
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5. Continue looking for work.

Thu, 07/08/2010 - 09:24 | 458110 -Michelle-
-Michelle-'s picture

No, no, no.  If you stop looking for work, you're no longer unemployed.  Falling off the report is how you repay the government for all the goodies you're getting.

Thu, 07/08/2010 - 14:16 | 458709 Ripped Chunk
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All this shit is easy to say if you have a job or are otherwise doing well.

Talk to some people who aren't and see who they are. You will many times find that they are smarter and more capable then yourselves.

Circumstances. Be happy yours are favorable.

Thu, 07/08/2010 - 08:33 | 458012 Sean7k
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Why the continued attempt to paint GS versus Obama as being real? They are on the same team. They are foils to be gamed toward a public acceptance of policy that works to the ends of the elites. 

Guess that is why we are here. OK. I'm tired of playing. There is a reason Plato rated democracy as worse than monarchy. Once you control the debate and the votes, it is just a step above totalitarianism. Hayek laid this argument out in the forties. Liberty can not coexist with control. 

The mechanisms are hidden and disguised. The populace is compliant and ignorant. It falls to the people willing to teach and speak, to defend liberty from the powers that seek to destroy it. 

Revolution is the great strength of the people. It is all that stands between us and slavery. 

Banks do not care about money or debt that has been created. They care only for the wealth transfer from taxes. The actual wealth from labor and production that is stolen via taxes. They can afford to lose all the rest, because it was created from nothing. Their weakness lies in the need to continue to collect taxes from interest on the debt.

Are you a patriot?  


Thu, 07/08/2010 - 08:53 | 458058 Cheeky Bastard
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Are you a patriot?  

No, I am not. So; what should I do

Thu, 07/08/2010 - 09:55 | 458156 WaterWings
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Dissent is the greatest form of patriotism; slavery is the greatest form of slavery.

Thu, 07/08/2010 - 10:46 | 458280 grunion
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Lead, follow or get out of the way...

Thu, 07/08/2010 - 09:14 | 458088 russki standart
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Whilst I agree with the bulk of your analysis, I am sorry to say that it is already too late. Most of the fundamental rights that americans used to enjoy no longer exist. Most americans will not figure it out until they are micro-chipped, and even them there will be many dominated by fear that will submit. Also, revolting against the US government is a mistake; you will not win and the government will welcome it as an excuse to further restrict freedoms. The only real answer is to refuse to participate in the system. 50 million americans  refusing to pay their taxes on april 15th, and refusing to accept Fed Notes would do it. However, most americans are conditioned to handouts and so would rather eat from the hand that beats them down. Truth is, most people are incapable of governing themselves, and will gladly give up freedom for a hand out.

Thu, 07/08/2010 - 10:09 | 458190 WaterWings
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The only real answer is to refuse to participate in the system.

Thankfully the incompetent, fascist, thieving, perverted, clueless, inbred, psychopathic people running the show will find it physically impossible to feed 40,000,000+ on food stamps for much longer. It all crumbles, with spectacular effect, soon. Extracting oneself from the system is the only way to avoid the mass upheaval and gov't reprisals.

The United States, and its attempt to create an environment of pure freedom, is now finished. It can only exist in spirit and deed at the local level now. A community of like-minded individuals that value freedom, sustainability, self-reliance, productivity, and vigilance will have a chance. Resistance, by whatever means necessary, to any and all Federal authority cannot be understated as the primary goal of those that seek prosperity and happiness.

Thu, 07/08/2010 - 10:45 | 458278 KTV Escort
KTV Escort's picture

Today's Seattle Times cover story details a local woman who converted her yard to a garden last year... nice to see. Seattle's city council is considering changing laws that currently prevent people from selling their backyard produce and creating zoning that supports city farming. Seattle leaders are working to form a Regional Food Policy Council with the goal to strengthen local food production and the reliability of our food sources. Volunteers for a city-wide event called "Spring into Bed" will gather at "food justice hubs" throughout the city to build gardens for people who can't afford to create their own. Seattle's officials have declared 2010 the Year of Urban Agriculture.

Thu, 07/08/2010 - 11:16 | 458352 WaterWings
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Nothing like community coming together to strengthen the sense of self-reliance, and, well, community.

Check out this delightful microcosm:

Thu, 07/08/2010 - 08:35 | 458014 Gully Foyle
Gully Foyle's picture

I've said it many times, the next POTUS a White Republican will be the one sent to fix the problems. The one that starts a crackdown and increases the pace of police state tactics under the rubric of saving the US.

Expect to see more sites, like this one, beiing monitored and closed down for the public good. Look for a vast increase in those checkpoints like the ones NY are experimenting with.

The army of paid posters will increase and become more subtle. They will use FBI tactics to lure people into so called terrorist activities as they have lately.

Inaugruation day 2013 will be a very sad day, like Columbus day is for Native Americans.

One the plus side those of us without  a so called moral compass will thrive reporting our friends and neighbors to the goon squads for sedition, Gold hoarding, and weapons violations.


Thu, 07/08/2010 - 08:45 | 458041 pan-the-ist
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Tim Pawlenty could do it.  If he can cut socialism in MN, he can do it for the entire USA.

Thu, 07/08/2010 - 08:48 | 458049 Gully Foyle
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I'm thinking Brown. A very similar out of nowhere myth like Obama.

Not a lot of baggage to be wrung out in public.

And LLSB (Ladies Love Scott Brown)

Thu, 07/08/2010 - 08:34 | 458015 Careless Whisper
Careless Whisper's picture

D or R ??? false choice. they both the same, more or less.

Thu, 07/08/2010 - 08:37 | 458023 Gully Foyle
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Careless Whisper

Democrats will always try to throw Gays and Pro-Abortion groups a bone when elected. Republicans try to remove those.

That is what passes as progress.

The real issues remain unchanged.

Thu, 07/08/2010 - 08:39 | 458026 Sudden Debt
Sudden Debt's picture

Why question the QE2, when we all know it's comming and as we speak the draft for QE3 and 4 are also already on the copy machines.

Thu, 07/08/2010 - 08:43 | 458037 Snidley Whipsnae
Snidley Whipsnae's picture

Austerity for the unemployed? The Gov could point out their austerity steps at the next G20...'See, we are doing our part!'

How much will it cost to call up the National Guard to quell insurection vs simply pass another extension to unemployment? I suspect that mobilizing the Natl Guard and causing the Guardsmen to lose pay while serving the country will be another drag on GDP.

We are supposed to be a capitalist system...why are they not considering the bottom line? Of course, there are the upcoming elections to consider...

Thu, 07/08/2010 - 08:48 | 458047 pan-the-ist
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When the bottom line gets too hungry, the system will move to the left rather violently and rather quickly.  The "capitalists" would rather throw a bone to the starving dog than risk it all.

Thu, 07/08/2010 - 10:44 | 458276 Amish Hacker
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Government's solution to the starving dog is to cut its tail off and feed it to him.

Thu, 07/08/2010 - 09:21 | 458107 Cursive
Cursive's picture

This program provides...and this program provides...and this program provides....

Thu, 07/08/2010 - 10:49 | 458290 grunion
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...I smell fear...

Thu, 08/19/2010 - 11:22 | 530456 herry
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