Goldman’s Laughable Publicity Stunt:

Recently Goldman teamed up with its new partner in crime Warren Buffett and launched a new publicity campaign in the face of criticism about its ridiculous bonus levels. A company who was saved by the taxpayer’s dime by corrupt unelected officials should not be giving outrageous bonuses. It is a slap in the face to the taxpayers whose votes obviously do not mean anything as evidenced by the arrogance and obnoxiousness of the bonuses these people hand themselves. Another obvious fact is that these people do not care about shareholders. The employees of the firm are not there for the shareholders, but vice versa. What ridiculousness this is. These people have no shame. They were and still are bankrupt. They have been funneled tens of billions through the alphabet soup including the scapegoat AIG where Goldman was the only reason anything was done and where they received majority of the money even in cases such as being made whole on contracts (CDS and other) where Goldman would have been paid if AIG went under – which technically it didn’t. What kind of a circus is this and how on earth does Bernanke get a second term and how on earth does Geithner with no credentials (he is not even an economist) was at the helm of NY Fed and now the treasury. People of America, WAKE UP!!! This is outrageous and is done at your and your kids’ expense.

Buffett of course is just playing his book as he has a lot invested in Goldman and a lot in the US stockmarkets that Goldman seems to be heavily manipulating – even if in a legal manner. Besides Buffett was hurting badly and facing very dire consequences due to his short puts on the markets, yet another reason for Buffett to team up with the shameless Goldman Sachs. Buffett as respectful an investor he has been up to a few years ago is completely losing this by being part of corruption schemes. He did not exit American Express which was thought to be bankrupt by a lot of people –rightfully so- possibly because he knew that it would be saved by the Fed. One wonders what kind of deals these people high up managing our kids’ futures are in. I have one thing to say about it all. It is disgusting.