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More Political Capture: Goldman Hires Top Republican Fed Transparency Foe; Spends More Time With SEC Than Any Other Bank

Tyler Durden's picture





 

The name Judd Gregg is not new to Zero Hedge readers. Back in the 2009-2010 battle for Fed transparency, which continues to be only fractionally on the way to being won, Gregg, who then served as the top Republican on the Budget Committee and a member of the Banking Committee, said that "opponents of Federal Reserve Chairman Ben Bernanke's second term are
guilty of "pandering populism,"." Odd that these populism panderers, of which Zero Hedge was a proud member, ultimately succeeded in not only getting a one time Fed audit, but also won the legal case initiated by Mark Pittman to expose the Fed's dirty laundry, without which we would not know that not only did the Fed bail out primarily foreign investment banks during the financial crisis, but also that the biggest user of the Fed's somewhat secret Short Term Open Market Operations facility, also known as a 0.01% subsidy, was none other than Goldman Sachs, contrary to the firm's sworn statements that it did not really need bailing out. Gregg continued: "There's a lot of populism going on in this country right now, and I'm tired of it." Gregg warned that the growing tide of populism would threaten some of the most central institutions to the economy's recovery. "What it's going to do is burn down some of the institutions which are critical to us as a nation and as an economy to recover and create jobs," he warned." It was therefore only a matter of time that Gregg, following the end of his political career, has decided to step down, and work for one of these "central institutions to the economy's recovery" - Goldman Sachs. As such we present the list of companies that courtesy of their "top contributor" status with the senator over the years, are about to get preferential treatment from Goldman's sell side analysts, and see a prompt upgrade to Buy and/or Conviction Buy list in the near term. After all there is no such thing as squid-pro-zero in a world controlled by Wall Street's institutions "central to the economy's recovery."

From Open Secrets:

And speaking of Squid Pro Quo, readers may be surprised (or not at all) to discover that of all bankers, the SEC's Mary Schapiro, better know for letting the whole Madoff fiasco slip through her fingers, and letting Goldman get away with nothing more than a wristslap for the Abacus scandal, spent more time with Lloyfd Blankfein than any other executive from Wall Street. One wonders just what they were talking about for so long and on so many occasions.

Bloomberg reports:

After eight days on the job, U.S. Securities and Exchange Commission
Chairman Mary Schapiro sat across from Lloyd Blankfein, chairman and
chief executive officer of Goldman Sachs Group Inc., for her first meeting with one of the Wall Street executives she would regulate.

Following that Feb. 5, 2009, meeting, Goldman officials were frequent
guests during her first two years, logging 10 meetings with the
chairman — more than any other bank — according to her personal calendar
for 2009 and 2010.

So for all those hoping for change to Wall Street's criminal practices, the focus should first be on changing those in both the legislative and regulatory bodies who not only allow, but actively encourage this kind of behavior. But this naturally harkens to the whole topic of just how real the US democratic regime truly is. And for an indepth observation on this so critical topic, we refer readers to Paul Craig Roberts recent interview with Max Keiser in which he so correclty pointed out: "There is no democracy, there are oligarchies, some of
these smaller European countries are not even run by their own
governments, they are run by Wall Street... There is probably more
democracy in China than there is in the west. Revolution is the only
answer... We are confronted with a curious situation. Throughout the
west we think we have democracy, we hold ourselves up high, we demonize
China, we talk about the mafia state of Russia, we talk about the Arabs
and so on, but where is the democracy here?" He is spot on. Nothing short of a revolution has any chance of changing an embedded regime whose status quo demands, in plain view of the "law",  the routine rape of the middle class to the benefit of the uber-wealthy.

 


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Sat, 05/28/2011 - 13:01 | Link to Comment Quixotic_Not
Quixotic_Not's picture

Discretionary prosecution is the banksters' friend.

Sat, 05/28/2011 - 13:25 | Link to Comment Careless Whisper
Careless Whisper's picture

You wanted a perp walk? OK you got one.

Arrested For Allegedly Filing False Docs in Palm Beach County Clerk's Office

Palm Beach County Clerk of Courts Sharon Bock warned Friday that homeowners should watch for false or fraudulent filings made on their homes.

...two notaries who admitted to detectives that they would stamp the deeds even though the owner of the property wasn't present.

and in case you may have been wronged --- report wrongful activity:

"Much like you check your credit report to make sure that you haven't become the victim of identity theft, Palm Beach County residents should proactively check the official records to ensure that all mortgages, deeds, liens and other recorded documents are accurate," Bock said.

http://www.palmbeachpost.com/money/real-estate/wellington-man-accused-of...

 



Sat, 05/28/2011 - 16:55 | Link to Comment caconhma
caconhma's picture

Who Said It? Ten short questions:

This is a fun quiz. Listed below are 10 direct quotes. You have to guess which American politician said it.

Your four choices are:
Former Alaska Governor Sarah Palin
Former VP Dan Quayle
President Barack Obama
Former President George W. Bush

Ready? Go!

1) "Let me be absolutely clear. Israel is a strong friend of Israel ’s."
A. Barack Obama
B. Dan Quayle
C. Sarah Palin
D. George W. Bush

2) "I've now been in 57 states I think one left to go."
A. Barack Obama
B. Dan Quayle
C. Sarah Palin
D. George W. Bush

3) "On this Memorial Day, as our nation honors its unbroken line of fallen heroes, and I see many of them in the audience here today."
A. Barack Obama
B. Dan Quayle
C. Sarah Palin
D. George W. Bush

4) "What they'll say is, 'Well it costs too much money,' but you know what? It would cost, about. It it it would cost about the same as what we would spend. It. Over the course of 10 years it would cost what it would costs us. (nervous laugh) All right. Okay. We're going to. It. It would cost us about the same as it would cost for about hold on one second. I can't hear myself. But I'm glad you're fired up, though. I'm glad."
A. Barack Obama
B. Dan Quayle
C. Sarah Palin
D. George W. Bush

5) "The reforms we seek would bring greater competition, choice, savings and inefficiencies to our health care system."
A. Barack Obama
B. Dan Quayle
C. Sarah Palin
D. George W. Bush

6) "I bowled a 129. It's like - it was like the Special Olympics, or something."
A. Barack Obama
B. Dan Quayle
C. Sarah Palin
D. George W. Bush

7) "Of the many responsibilities granted to a president by our Constitution, few are more serious or more consequential than selecting a Supreme Court justice. The members of our highest court are granted life tenure, often serving long after the presidents who appointed them. And they are charged with the vital task of applying principles put to paper more than 20 centuries ago to some of the most difficult questions of our time."
A. Barack Obama
B. Dan Quayle
C. Sarah Palin
D. George W. Bush

8) "Everybody knows that it makes no sense that you send a kid to the emergency room for a treatable illness like asthma, they end up taking up a hospital bed, it costs, when, if you, they just gave, you gave them treatment early and they got some treatment, and a, a breathalyzer, or inhalator, not a breathalyzer. I haven't had much sleep in the last 48 hours."
A. Barack Obama
B. Dan Quayle
C. Sarah Palin
D. George W. Bush

9) "It was interesting to see that political interaction in Europe is not that different from the United States Senate. There's a lot of I don’t know what the term is in Austrian, wheeling and dealing."
A. Barack Obama
B. Dan Quayle
C. Sarah Palin
D. George W. Bush

10) "I have made good judgments in the past. I have made good judgments in the future."
A. Barack Obama
B. Dan Quayle
C. Sarah Palin
D. George W. Bush

All of the correct answers are the same person. Each of these quotes are directly from President Barack Obama.

Now you know why he brings his teleprompter with him everywhere he goes ...even when talking to a 6th grade class. But many members of the mainstream media continue to insist he is "The smartest man ever elected to the Presidency." Right!

Sat, 05/28/2011 - 22:43 | Link to Comment whacked
whacked's picture

+1

 

 

Sat, 05/28/2011 - 23:42 | Link to Comment tarsubil
tarsubil's picture

This is a fun quiz. Listed below are 10 fun facts. You have to guess which American politician it relates to.

Barack Obama 

George W Bush

1 Went to Harvard

2 Snorted coke

3 Started war(s) in the middle east or north africa

4 Continued war(s) in middle east or north africa

5 Nominated Ben Bernanke for Chairman of the Fed

6 Sucks dick

7 Socialist

8 Did I mention they suck dick?

9 Really, they both do

10 I'm fucking serious!

Fuck you!

Sat, 05/28/2011 - 13:41 | Link to Comment rocker
rocker's picture

Now that J.P.Morgan has said I'm sorry for the repos on military personnel they believe all fines will be removed. Hmmm. 

Sat, 05/28/2011 - 13:04 | Link to Comment Quinvarius
Quinvarius's picture

He grows weary of the populist anger at being robbed by the people who were trusted with the nation's finances.  All I can picture is this guy saying that in public and then immediately being hit in the face with a shovel.

Sat, 05/28/2011 - 15:29 | Link to Comment Bananamerican
Bananamerican's picture

Judd Gregg

motherfucker

Sat, 05/28/2011 - 13:05 | Link to Comment tickhound
tickhound's picture

Judd Gregg... Redefining conservatism one corporate welfare institution at a time.

Sat, 05/28/2011 - 13:10 | Link to Comment ConfederateH
ConfederateH's picture

Judd Gregg, king Rino.  He almost joined the Obama administration in an attempt to provide the Democrats with a "bi-partisan" cover.

Sat, 05/28/2011 - 13:49 | Link to Comment macholatte
macholatte's picture

The Republican Progressive couldn't handle the Democrat Progressive. How bad could it have been? Jesus. Doesn't this qualify as economic terrorism?

 


Life is a corrupting process from the time a child learns to play his mother off against his father in the politics of when to go to bed; he who fears corruption fears life.
Saul Alinsky

The history of the last century shows, as we shall see later, that the advice given to governments by bankers, like the advice they gave to industrialists, was consistently good for bankers, but was often disastrous for governments, businessmen, and the people generally.
Carroll Quigley
/

Sat, 05/28/2011 - 14:11 | Link to Comment tickhound
tickhound's picture

"Life is a corrupting process from the time a child learns to play his mother off against his father in the politics of when to go to bed..." Saul Alinsky

Saul's life fears are flawed, there is no corruption... Mom and Dad are now the same person, they drink the same coffee and adhere to a universally accepted bed time. 

"Life is an accepting process from the time a child learns to obey his parents' bed time as decided by the state; he who fears dictation fears life."

-The Other Guys, Federal Reserve Scene

http://www.youtube.com/watch?v=mv7CtLrQ3hU

Sat, 05/28/2011 - 17:00 | Link to Comment Re-Discovery
Re-Discovery's picture

repugnant puppet

Sat, 05/28/2011 - 13:05 | Link to Comment JW n FL
JW n FL's picture

http://www.banktech.com/articles/229700093?cid=nl_bnk_daily

Top U.S. Lobbying Banks Got Biggest Bailouts

 

1.    [PDF]

A Fistful of Dollars:Lobbying and the Financial Crisis; Financial ...

File Format: PDF/Adobe Acrobat - View as HTML
A Fistful of Dollars: Lobbying and the Financial Crisis by. Deniz Igan ...
www.imf.org/external/np/res/seminars/2009/arc/pdf/Mishra1.pdf

Sat, 05/28/2011 - 13:10 | Link to Comment dick cheneys ghost
dick cheneys ghost's picture

2 bit whores.........every single one of them........

 

school kids in vegas are selling lemonade in order to save teachers....this is what we have come down too.......thanks congress

Thu, 06/02/2011 - 17:49 | Link to Comment Rusty_Shackleford
Rusty_Shackleford's picture

Hey. 

 

Are they paying state and federal income taxes on that?  Does that lemonade stand meet OSHA and USDA standards?

 

http://tucsoncitizen.com/view-from-baja-arizona/2011/05/25/missouri-fami...

Sat, 05/28/2011 - 13:16 | Link to Comment Quixotic_Not
Quixotic_Not's picture

The looting will continue until morale improves! ~ U.S. Treasury motto 2008-2012

Adios ZH, gotta get busy!

Sat, 05/28/2011 - 13:29 | Link to Comment Confuchius
Confuchius's picture

Gerald Celente (TrendsResearch) always said: "When they have nothing left to lose they lose it".

Sat, 05/28/2011 - 13:11 | Link to Comment JW n FL
JW n FL's picture

Stealing $2.5 surplus from Social Security - Robbing The Middle Class http://goo.gl/m8QMq

Sat, 05/28/2011 - 13:15 | Link to Comment JW n FL
JW n FL's picture

http://research.stlouisfed.org/fred2/series/BASE 3 Years 300% More Dollars Printed Out of Thin Air!

Sat, 05/28/2011 - 13:18 | Link to Comment JW n FL
JW n FL's picture

Corporations Own the Lobby!

 

The Lobby Owns the Government!

 

Law Enforcement works for the Duly Elected Lobby Whores!

 

“We the People” are Screwed!

Sat, 05/28/2011 - 13:18 | Link to Comment Ponzi Unit
Ponzi Unit's picture

En bas les aristos!

Sat, 05/28/2011 - 13:22 | Link to Comment Dirtt
Dirtt's picture

Everyone knows the ONLY way to fix the economy is to grow the Life Sentence Industry.  I'm a La Guillotine kinda guy but I'm also flexible.

Don't see any other way. This will not end well.  Even if we all go Max Bernbaum ("Continental Divide") this will not end well.

2012 will be a fascinating year.  Nothing would be more triumphant than seeing a pack of wild Tea Party girls impaling their spears into the skulls of The Squid & DoGSoRoS. NOTHING.

For all you faggot Tea Party haters, I'm sure David Plouffe can arrange your colon therapy.

Sat, 05/28/2011 - 21:53 | Link to Comment JW n FL
JW n FL's picture

how does that Koch Bros dick taste after they get done ass fuckin you boy?

 

I think the gays would be offended for having to suffer the Koch Bro Hooker Brigade!

 

Enjoy the tea bagging, an ya'll can always go back to your republican routes for meth and boy toy prostitutes!

Sat, 05/28/2011 - 13:46 | Link to Comment ebworthen
ebworthen's picture

 

Judd Gregg - doing his part to prove that most politicians are little more than equivocating whores.

 

Sat, 05/28/2011 - 13:20 | Link to Comment Yardfarmer
Yardfarmer's picture

ah yes, one does grow exceedingly weary of this endless incestuous clusterfuckery of the financial/political revolving door which regularly debouches in oozing slime such human excrement as Gregg for our disgusted and nauseous consideration. such a plague of hypocrisy, self interest and mendacity finds its ultimate resting place only in some circle of Dante's Hell.

Sat, 05/28/2011 - 13:26 | Link to Comment cosmictrainwreck
cosmictrainwreck's picture

I'd reverse-junk you for your eloquence, if I could, & do concur

Sat, 05/28/2011 - 13:27 | Link to Comment XRAYD
XRAYD's picture

All while the people are forced to eat I-pads, and instead of death panels, the Republicans want to throw grandma off the cliff into the lap of the Insurance companies with 50% off vouchers to buy health insurance.

Only a coincidence that according to the ZH list, #1 contributor to Judd Gregg's Senate campaigns is Blue Cross/Blue Shiels; #4 Liberty Mutual Insurance! 

Sat, 05/28/2011 - 13:41 | Link to Comment ebworthen
ebworthen's picture

Exactly.

And the biggest shadow tax of history - "insurance".

Insurance isn't insurance anymore, it is a taxation proxy that feeds big pharma and Wall Street.

If we could each label the fees and costs and insurance and every other dollar that is hung about our necks labeled with "deductible" or "co-pay" or "adjustment" or "rebate" or "discount" or "sale" or the other euphamistic bullshit NOT TO MENTION that anything we try to invest is taxed thrice coming and going we are taxed at 50%+

Sat, 05/28/2011 - 13:30 | Link to Comment disabledvet
disabledvet's picture

we can look back (Goldman) or look forward (Buffet.)  "Regulatory capture does not prevent the disaster."  If anything exists to say "we saw it coming before you and got a short term benefit but that's it" it's Goldman Sachs.  Whatever one thinks of character (and i think highly of it of course) "once bit twice" is something "the marketplace" remembers as well.  You will get no argument with me of course that "in the name of a crisis" mistakes were made.  Vote accordingly.  By all means of course "in the name of a recovery" do not.  "Closing your mouth is one thing...closing your mind something else entirely."

Sat, 05/28/2011 - 15:25 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

The information is out there, as can be seen from the chart.

They are as dirty as we -- the voters -- let them be.

The voters really have gotten what they deserve.

And the non-voters deserve it good and hard, as well.

Sat, 05/28/2011 - 15:25 | Link to Comment tarsubil
tarsubil's picture

Vote accordingly? Who the hell are we supposed to vote for? Diarhea shake or crap sunday?

Sat, 05/28/2011 - 13:33 | Link to Comment williambanzai7
williambanzai7's picture

Populists and conspiracy nuts.

People who demand equal justice for Wall Streets intermediaries of fraud.

Fuck you Judd!

Sat, 05/28/2011 - 13:44 | Link to Comment rocker
rocker's picture

+10 The problem is nobody on any media tells Americans the truth. Bloomberg is scratching at the surface but has found that they did not get all the data requested. Seems that they found more holes than truths on the bailouts.

Sat, 05/28/2011 - 20:44 | Link to Comment NOTaREALmerican
NOTaREALmerican's picture

> The problem is nobody on any media tells Americans the truth.

I'm not sure they want it.

Wouldn't trashing the Banksters be classified as "class warfare" by about half the population? What MSM outlet needs that kinda grief. Much easier to just keep repeating the happy-talk.

Sat, 05/28/2011 - 13:34 | Link to Comment Number 156
Number 156's picture

Its an very obvious attempt at preserving the status quo by bending laws, however, these geniuses and great wizards of finance forget that the math is unbendable. They will run the economy off the rails not just in the US, but everywhere.

What happens when all economies collapse under their burden? Will they protect themselves behind high walls and cantina wire, hire armed guards and live off of stockpiles of food? Eventually, even the armed guards get hungry, and they know where to find the food.

Sat, 05/28/2011 - 20:47 | Link to Comment NOTaREALmerican
NOTaREALmerican's picture

> Will they protect themselves behind high walls and cantina wire, hire armed guards and live off of stockpiles of food? Eventually, even the armed guards get hungry, and they know where to find the food.

 

It takes generations tho.   Lots of 2nd world places have their nobility protected by armed guards 24x7.   If YOU had a chance to loot a few billion and retire to a nice Italian villa - and a nice yacht, private jet, (oh and a few other villas spread around the world) would you do it?  I would.  

Sat, 05/28/2011 - 13:50 | Link to Comment cossack55
cossack55's picture

OK, admit it, who here is surprised.

Sat, 05/28/2011 - 13:50 | Link to Comment Fred C Dobbs
Fred C Dobbs's picture

My first thought from his list of contributors was how cheaply he could be bought, a real ten dollar whore.  But then I thought he and his friends must have gotten some great info from the sell side analysts not to mention what the big squids gave him.  So it looks like the whore from the great state of New Hampshire got a great deal servicing Goldman Sachs.  And I'm sure the Squid is feeling satisfied too.  It's only the rest of humanity that were harmed. 

Sat, 05/28/2011 - 15:29 | Link to Comment tarsubil
tarsubil's picture

This is just the tip of the ice berg. Jon Corzine made 500 mil and then went to the Senate where he had the option to make some real money.

Sat, 05/28/2011 - 13:51 | Link to Comment russwinter
Sat, 05/28/2011 - 14:18 | Link to Comment WhiskeyTangoFoxtrot
WhiskeyTangoFoxtrot's picture

Couldn't comment on your blog, but I'm in the exact same boat. Even got conned into voting for Obama (actually against McCain), naively thinking maybe things would change for the better. Instead, they've gotten much worse, which I didn't think was possible after Bush. In any case, I think there are two critical factors in getting revolution to take hold: (1)effectively organizing and (2) reaching a critical mass of people willing to take action so people don't back down because they think they're the only ones risking their necks. So what's next?

Sat, 05/28/2011 - 16:12 | Link to Comment russwinter
russwinter's picture

There will be a defining moment just like Plaza del Sol in Madrid. Just be sure to show up with your pitchfork. 

Sat, 05/28/2011 - 20:51 | Link to Comment NOTaREALmerican
NOTaREALmerican's picture

> There will be a defining moment just like Plaza del Sol in Madrid. Just be sure to show up with your pitchfork.

Until you see some signs of anger at "the rich" then you know there's no chance of a revolution.   WAY too many peasants driving around in their Benzes and Beemers here in the Sac metro area (yeah,  the epicenter of the housing collapse) for them to be pissed-off at "the rich" yet.   Most of them are still pissed-off at "those people".  

Sat, 05/28/2011 - 22:01 | Link to Comment JW n FL
JW n FL's picture

"those people" didnt get a penny of the $15 - $16 Trillion Dollars! but NBC doesnt want those fact getting out!

 

http://goo.gl/FnxBZ  Treasury Direct $14 Trillion Debt / http://goo.gl/TMl74   $15 Trillion in Loans / http://goo.gl/EXzal  / ='s $29T

 

and.. here's an oldy from here.. but its true!

 

http://vimeo.com/6475921 Control in Modern Times! Easier to Kill a Million People than Control a Million People in these modern politically awaken times. Revolution will come, will you be a spectator or will you help change your own future.. your children’s future, for the better?

Sat, 05/28/2011 - 13:58 | Link to Comment Urban Redneck
Urban Redneck's picture

NOTE: All the numbers on this page are for the 1992 - 2010 election cycles and based on Federal Election Commission data available electronically on Monday, April 25, 2011.

Is it just me or is Judd Gregg a extremely cheap whore with a low asking price for selling out US citizens who elected him?  Hope he feels like the cheap unloved whore he is, with the amounts of GS $ he now gives/feeds to his former pig trough coworkers' campaigns. 

Sat, 05/28/2011 - 13:59 | Link to Comment onlooker
onlooker's picture

“””Nothing short of a revolution has any chance of changing an embedded regime whose status quo demands, in plain view of the "law",  the routine rape of the middle class to the benefit of the uber-wealthy"

 SoOOOO. Super Bowl Weekend after the game, my guys on the West Coast and your guys on the East Coast will revolt and take over the Hamptons and Newport Beach. They got the most pretty women in the world and all the money. They got expensive cigars and the best brandy. We invite Obama and the Navy. Yes we can. Gonna get them UBER wealthy.

Or, we can try to force elections to get serious and address the real issues of this Nation. Americans can close the left/right schism and force election change. Force change in how $$$ power like GE runs America.

There is no option but to force change with honest leadership.

Sat, 05/28/2011 - 14:12 | Link to Comment SilverIsKing
SilverIsKing's picture

This comes as no surprise. When he defended the FED's secrecy, it became obvious what his MO was. This is just confirmation of what was previously known.

Sat, 05/28/2011 - 14:21 | Link to Comment iwanttoholdu
iwanttoholdu's picture

"well done my good and faithful servant" - note on his Goldman desk day #1

Sat, 05/28/2011 - 14:27 | Link to Comment MarketFox
MarketFox's picture

You know....

 

There IS a word for this.....

 

FASCISM

 

 

Sat, 05/28/2011 - 14:31 | Link to Comment Rainman
Rainman's picture

U.S. Senators beat the hedge funds on stock performance. They are the Kings of legalized frontrunning.

  http://globaleconomicanalysis.blogspot.com/2011/05/how-to-beat-market-follow-trades-of-19.html

Sat, 05/28/2011 - 15:33 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

It is actually legal for congress to do insider trading.

They have exempted themselves from almost every single law they imposed on us.

Including ObamaCare.

Sat, 05/28/2011 - 14:33 | Link to Comment pigpen
pigpen's picture

Judd Gregg is the epitome of a captured wall stree whore.

How the hell did he represent "The Live Free or Die State?"

At least it is a bit more obvious for those paying attention that there is no representative govt but just a faceless corporate oligarchic fascist state.  Reading Wolin's Democracy Inc. this weekend.

Cheers,

Pigpen

Sat, 05/28/2011 - 14:54 | Link to Comment zaknick
zaknick's picture

I'd recommend Dope Inc. (the book that drove Henry Kissinger crazy).

Sat, 05/28/2011 - 15:35 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

The scam is that the RINOs vote for almost all R bills, but betray the party on the few truly system changing issues.

And nothing changes.

Sat, 05/28/2011 - 14:43 | Link to Comment imapopulistnow
imapopulistnow's picture

The 5 stages of grief are 1) denial, 2) anger, 3) bargaining, 4) depression and 5) acceptance.  I am now at acceptance.  I accept that Goldman Sachs wins and we are so totally screwed.  It is the end of the American dream and the beginning of something new.  Something that will turn out badly.  I'll just sit back at watch it unfold.  Oh and Mr. Gregg, someone whom i admired in the past, if by chance you are reading these comments, with all sincerity, you can go to hell. 

Sat, 05/28/2011 - 20:57 | Link to Comment NOTaREALmerican
NOTaREALmerican's picture

> Oh and Mr. Gregg, someone whom i admired in the past...

Until you understand why you admired him in the past then you might actually still be in stage 1.

Sat, 05/28/2011 - 21:19 | Link to Comment imapopulistnow
imapopulistnow's picture

Perhaps you are right.

Sat, 05/28/2011 - 14:50 | Link to Comment zaknick
zaknick's picture

Amerika, Amerika Goldman shat on thee!

How in the world is this possible? A "central bankster" bailing out it's foreign owners with a country's money!

In all honestly, the majority of Amerikans have supported these assholes' predatory behavior. That death apparatus all the while trading the American Dream for their empire. Now this 666/bankster beast is going to reampage against you the sheep.

KKKarma??

Even Tyler Durden only objects to the unfairness of it all where so few reap so much of the benefits of KKK Empire and not the fundamental flaw thinking it's a good thing to enrich yourself at other people's expense.

You got it coming.

Sat, 05/28/2011 - 21:00 | Link to Comment NOTaREALmerican
NOTaREALmerican's picture

> You got it coming.

Predator / Prey, Sociopath / Dumbass, Political-ISM / True-Believer, Religion / True-Believer.

Ya can't fight nature.

Sat, 05/28/2011 - 14:59 | Link to Comment JW n FL
JW n FL's picture

Senate Republicans blocked a Democratic Bill to End tax Breaks for Moving U.S. Jobs Offshore! http://goo.gl/6qhnK

 

Republican committee voted for a 18-month delay of regulations to reduce risk in OTC Derivatives. http://goo.gl/4IYGP

 

Republican Senate Campaign Contribution Monies from Government Military Contractors with Free Speech Argument http://goo.gl/35V9l

 

Secret Hold On Whistleblower Protection Narrowed Down To Two Senators http://goo.gl/INklc

 

UBS Whistle Blower in Jail for helping the IRS with over 2,000 Tax Dodgers! http://goo.gl/s8JYp  

'Austrian tax evasion whistleblower' dies in Swiss jail http://goo.gl/w3bqP

Swiss tax whistleblower to give WikiLeaks new data & in Jail for it http://goo.gl/KiQhV  

No Bankers in Jail, No Tax Dodgers in Jail and Wall Street is Leveraged MORE than before! Tell the Truth? Go To Jail!

Federal Reserve Pays Banks / Wall Street 800% More for Deposits over what “We the People” get paid!   http://goo.gl/LblE7

 

http://www.zerohedge.com/article/secret-fed-loans-were-not-so-secret

"Credit Suisse Group AG, Goldman Sachs Group Inc. and Royal Bank of Scotland Group Plc each borrowed at least $30 billion in 2008 from a Federal Reserve emergency lending program whose details weren't revealed to shareholders, members of Congress or the public. The $80 billion initiative, called single-tranche open-market operations, or ST OMO, made 28-day loans from March through December 2008, a period in which confidence in global credit markets collapsed after the Sept. 15 bankruptcy of Lehman Brothers Holdings Inc. Units of 20 banks were required to bid at auctions for the cash. They paid interest rates as low as 0.01 percent that December, when the Fed's main lending facility charged 0.5 percent."

 

http://www.banktech.com/articles/229700093?cid=nl_bnk_daily

Top U.S. Lobbying Banks Got Biggest Bailouts

 

1.    [PDF]

A Fistful of Dollars:Lobbying and the Financial Crisis; Financial ...

File Format: PDF/Adobe Acrobat - View as HTML
A Fistful of Dollars: Lobbying and the Financial Crisis by. Deniz Igan ...
www.imf.org/external/np/res/seminars/2009/arc/pdf/Mishra1.pdf

 

Rigged Market Capitalism & Propaganda within the U.S. by the U.S.  http://goo.gl/RtmEr PLUS! http://goo.gl/qH4dN PLUS!! http://goo.gl/Uzm3q

Sat, 05/28/2011 - 14:53 | Link to Comment P-K4
P-K4's picture

Pretty soon ivy league entrance exams will test future students with this question. Which word does not belong: public servant, investment banker, senator, predator, scumbag

Answer: Public servant

Sat, 05/28/2011 - 15:06 | Link to Comment cosmictrainwreck
cosmictrainwreck's picture

Part B: explain your personal aspirations (20,000 words or less)

Sat, 05/28/2011 - 15:03 | Link to Comment Screwball
Screwball's picture

I bookmarked the below clip a day or so after the Chairsatan's confirmation.  I watched the hearing live and sat in amazment when Judd Gregg gave him a public blowjob (ok, I wasn't really amazed).

I knew then that someday this piece of bullshit spewing reptile would surface somewhere in the financial industry - and sure as hell he did.  Shocking, just fucking shocking.

Yet half (or better) of our sleepwalking population thinks all we have to do is elect "the other team" and things will get  better, while the corruption, lies, and deciet are on public display daily.  We have to be the dumbest fucking country on the planet.

Judd Gregg sucking Bernanke's dick - http://www.youtube.com/watch?v=TJdu2-xxJ6c

Sat, 05/28/2011 - 15:41 | Link to Comment tarsubil
tarsubil's picture

Are we the dumbest fucking country on the planet? They've made playing both sides against each other into a fine science. They've used this for some serious leveraging with their power and control. What happens when the power ponzi scheme breaks? I don't like guillotines. Too french. I can swing an axe pretty well. I'll work for cheap.

Sat, 05/28/2011 - 21:02 | Link to Comment NOTaREALmerican
NOTaREALmerican's picture

> Are we the dumbest fucking country on the planet?

No, it's the same everywhere. Look at Italy and their glorious leader as just one example.

Humans worship assholes, just part of the social pecking-order thing.

Sat, 05/28/2011 - 15:47 | Link to Comment Atlantis Consigliore
Atlantis Consigliore's picture

from the book, "Parliament of Whores"

http://en.wikipedia.org/wiki/Parliament_of_Whores

you dont have to buy them,  just rent them and ride them awhile.

 

The Mob has more honor.

 

Sat, 05/28/2011 - 15:56 | Link to Comment JW n FL
JW n FL's picture

Corporations Own the Lobby!

 

The Lobby Owns the Government!

 

Law Enforcement works for the Duly Elected Lobby Whores!

 

“We the People” are Screwed!

Sat, 05/28/2011 - 16:03 | Link to Comment russwinter
russwinter's picture

The Chief Joseph Tar 'n Feather Award Goes to Judd Gregg

 

http://americansresistance.blogspot.com/2011/05/and-chief-joseph-tar-n-feathers-award.html

Sat, 05/28/2011 - 22:04 | Link to Comment JW n FL
JW n FL's picture

I have to say that I am digging the Vibe at your web site.. just dont turn into one of those spam fags please... pretty please.. cause I really, really, really dig your message!

 

 

Sat, 05/28/2011 - 16:04 | Link to Comment Seasmoke
Seasmoke's picture

is anyone still wondering why "Democrat" Obama offered a job to the "Republican" Gregg in his Cabinet ??

Sat, 05/28/2011 - 16:33 | Link to Comment buzzsaw99
buzzsaw99's picture

Typical. At least I don't have to live in NYC. Or work. Or kiss banker ass. J.G. = loser.

 

That reminds me of that bitch Pelosi. That hag is like ancient yet she spends half her time flying back and forth across the country all the while she thinks she's #winning! I would pay to **not** have to do all the crap she does.

Sat, 05/28/2011 - 16:43 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Women like telling people what to do.

It's in the genes, or something.

Sat, 05/28/2011 - 17:01 | Link to Comment buzzsaw99
buzzsaw99's picture

egad. she's worth like $25M or something yet she puts on that gross makeup every day, goes in for plastic surgery every few years, lives in that shithole DC at least half the time. Yuck. She is more of a slave than I am.

Sat, 05/28/2011 - 17:13 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

She's 71.

And don't forget Botox causes dain bramage.

Sat, 05/28/2011 - 17:42 | Link to Comment buzzsaw99
buzzsaw99's picture

and those lips, EWW!!

Sat, 05/28/2011 - 22:01 | Link to Comment JW n FL
JW n FL's picture

Buzzsaw is a Banker Snuggle Buddy!!! LMFAO~!

Sat, 05/28/2011 - 17:24 | Link to Comment Lord Koos
Lord Koos's picture

How many jobs has Goldman Sachs created in the US, other than positions for chefs, chaffeurs, nannies and butlers?

Sat, 05/28/2011 - 21:04 | Link to Comment NOTaREALmerican
NOTaREALmerican's picture

> How many jobs has Goldman Sachs created in the US, other than positions for chefs, chaffeurs, nannies and butlers?

Come now, in our new Feudal Future people must know their proper place.

Sat, 05/28/2011 - 21:03 | Link to Comment Anonymouse
Anonymouse's picture

Posted on another thread, but thought it relevant here to show the triplicitous response from my senator on my push to get her to sponsor Fed audit bill.  This is the one area the Congress does not want to oversee.  They certainly are willing to overstep their constitutional bounds when it comes to state sovereignty or individual freedom and privacy, but for some reason they are lockstep in opposition to coining money.

According to my senator, 1) the Fed already is thoroughly audited, 2) more audits would mean political interference and would "disrupt financial markets", and 3) she already supported more audits.  She actually managed to speak out of all 3 sides of her mouth at once.

Dear Friend,

Thank you for contacting me regarding an audit of the Federal Reserve. I appreciate hearing your thoughts on this important issue. I apologize for my delayed response.

The Federal Reserve does currently undergo what would be considered a standard audit -- an examination of accounts and records. Furthermore, Congress already reviews semi-annual reports on monetary policy submitted by the Federal Reserve Board of Governors, as required under the Full Employment and Balanced Growth Act (PL 95-523). Under the Federal Banking Agency Audit Act (PL 95-320), the Government Accountability Office (GAO) has the authority to conduct financial and performance audits of the Board of Governors and the Federal Reserve banks and branches. However, such audits are limited, as the law stipulates that monetary policy operations, foreign transactions, and Federal Open Market Committee operations are excluded from the scope of the GAO audits.

An audit of the Federal Reserve System is an issue that has been debated several times since I began serving in the United States Senate, most recently during the 111th Congress when the U.S. Senate addressed financial regulatory reform. All Federal Reserve audit legislation proposed in the 111th Congress called for increased oversight by the Government Accountability Office (GAO) into business conducted by the Federal Reserve.

On January 26, 2011, the Federal Reserve Transparency Act of 2011 (S. 202/H.R. 459) was introduced in the Senate and referred to the Committee on Banking, Housing and Urban Affairs. The bill instructs the Comptroller General of the United States to conduct an audit of the Federal Reserve System's Board of Governors and also the Federal Reserve banks before 2013.

The formulation of monetary policy is a decision-making process that involves information gathering from a host of foreign governments and central banks. The information provided from those exchanges is critical and extremely sensitive. The immediate and broad disclosure that the Federal Reserve Transparency Act of 2011 requires could disrupt financial markets and jeopardize our country's international finance relationships. Ultimately, it would be taxpayers who would bear the brunt of any losses resulting from policies caused by untimely disclosure of sensitive information. Because of this, I do not believe the benefits of legislation like the Federal Reserve Transparency Act of 2011 outweigh the costs.

When Congress passed the Federal Banking Agency Audit Act in 1978, the legislation attempted to balance the need for public accountability of the Federal Reserve with the need to insulate the Fed's monetary policy function from political pressures. I believe this balance must be maintained going forward. For that reason, I twice supported amendments during the 111th Congress that would have required one-time audits of the Federal Reserve System's actions in response to the financial crisis. Both amendments struck a balance between accountability to the American taxpayer and the denial of political pressure and influence on the Federal Reserve System. The result would have been increased insight and reassurance for the American people that the Federal Reserve is working in the best interest of taxpayers to strengthen and protect our financial system.

Again, thank you for contacting my office. It is truly an honor to represent North Carolina in the United States Senate, and I hope you will not hesitate to contact me in the future should you have any further questions or concerns.

Sincerely,

Kay R. Hagan

Sat, 05/28/2011 - 21:15 | Link to Comment NOTaREALmerican
NOTaREALmerican's picture

> triplicitous response from my senator on my push to get her to sponsor Fed audit bill.

Time to stop voting Red and Blue Team and vote for ANYBODY else. ANYBODY else can't be as bad as the current sycophants owned by the nobility.

Sun, 05/29/2011 - 00:05 | Link to Comment cosmictrainwreck
cosmictrainwreck's picture

sycophants, bitchez. love that word: "a self-seeking, servile flatterer; fawning parasite" [dic.com]. It gets better...check the syn's: adulator, backscratcher, backslapper, bootlicker, brownnoser, doormat, fan, fawner, flatterer, flunky, groupie, groveler, hand-shaker, hanger-on, lackey, minion, parasite, politician [!], puppet, slave........... "to name a few"

Sat, 05/28/2011 - 22:03 | Link to Comment JW n FL
JW n FL's picture

++++++++++++++++++++++++++ for Anonymouse for fucking showing up and taking action!

Mon, 05/30/2011 - 00:14 | Link to Comment Anonymouse
Anonymouse's picture

I knew we'd end up on the same side of the table at some point. 

Sun, 05/29/2011 - 09:18 | Link to Comment gwar5
gwar5's picture

Hagan is my senator too. She's the worst. Before the last round of elections I asked her office some questions regarding her positions and got the same mealy mouthed responses.

She's got to go when she comes up for re-election. They all do.

Mon, 05/30/2011 - 00:20 | Link to Comment Anonymouse
Anonymouse's picture

She's a complete waste of space.  Supposedly Burr votes right, but you only hear from him at election time.  Punxatawney Phil comes out of his hole more often than Burr.

 

Agree they should all be voted out.  There would be some collateral damage, but only a few (like Jim DeMint, Ron Paul, Rand Paul, and a handful of others).  But that falls into the category of acceptable losses when you consider all the weasels who would be gone.

Sun, 05/29/2011 - 09:16 | Link to Comment gwar5
gwar5's picture

Hagan is my senator too. She's the worst. Before the last round of elections I asked her office some questions regarding her positions and got the same mealy mouthed responses.

She's got to go when she comes up for re-election. They all do.

Sun, 05/29/2011 - 01:05 | Link to Comment Bansters-in-my-...
Bansters-in-my- feces's picture

Judd Gregg Takes it up the keynesian ass and loves it.....

Two "d" 's in his name and two "g" 's....

But the fucking loser has not got even"one brain.

Fuck you Jud Greg.

Sun, 05/29/2011 - 07:12 | Link to Comment Kokulakai
Kokulakai's picture

We're gonna' need a lotta' rope.

Sun, 05/29/2011 - 07:47 | Link to Comment overmedicatedun...
overmedicatedundersexed's picture

JW you can never resist counter attacking anyone who posts derogatory information on Obuma or his party,, even when they are just a list of facts of what they have done or said..

too bad but you are a robot socialist Troll, with a closed mind and an agenda to side track all discussion of legitimate posts..

PS i do not mind you pointing out the crimes and hypocracy of the GOP and I support exposing it,  but your constant one sided drum beat is getting very tiresome. just go away, troll.

Sun, 05/29/2011 - 14:25 | Link to Comment JW n FL
JW n FL's picture

Obama $656 Million LOBBY Dollars! http://bit.ly/Tu4v Obama Let the FED Print 1/2 a Trillion since Jan 1 2011 http://bit.ly/aBu9yF

 

I send the above to Obama on Twitter once a week(ish).. if not something newer..

 

So the fact that I bait people like you.. with your roots.. never mind.

Sun, 05/29/2011 - 09:09 | Link to Comment gwar5
gwar5's picture

This is like the point in the "Crying Game" when you discover the chick is really a dude.

Sun, 05/29/2011 - 10:37 | Link to Comment SoNH80
SoNH80's picture

For native Granite Staters, this move is about as surprising as mosquitoes in the backyard in the summer.  I saw this coming a mile away... and let me tell you, no one does ol' Judd's nauseating blend of faux conservatism, petty (and not-so-petty) corruption, and elitist wankery quite like him.  Think Joe Lieberman in WASP camoflauge.

Sun, 05/29/2011 - 21:57 | Link to Comment ParaZite
ParaZite's picture

They made him an offer that he couldn't refuse. Like any good mob boss would. You buy people's silence... or arrange an airplane crash to silence the ones with moral fiber. 

When you hear of someone in the financial community dying in a plane crash or a car crash... just think of what you read here. What's a few casualties, when you control most of the money in the world... it's just collateral damage. 

Mon, 05/30/2011 - 22:45 | Link to Comment joiceca
joiceca's picture

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