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Did the Govt Let Goldman Sachs Off the Hook?

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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-16-10 06:16 PM
Original message
Did the Govt Let Goldman Sachs Off the Hook?
 
Run time: 03:59
https://www.youtube.com/watch?v=4JHpW_RLzO0
 
Posted on YouTube: July 16, 2010
By YouTube Member: TheYoungTurks
Views on YouTube: 302
 
Posted on DU: July 16, 2010
By DU Member: Donnachaidh
Views on DU: 753
 
Dylan Ratigan's show today.
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activa8tr Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-16-10 06:26 PM
Response to Original message
1. OH PLEAUZZZZE!!! I love Cenk but I don't have to agree
that half a billion dollars is "letting them off the hook"

Let's deal with real issues.....how are we going to keep a viable President with any power at all in the White House for 6 more years?
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hulka38 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-16-10 07:04 PM
Response to Reply #1
2. You don't love Cenk if you think this administration is
doing an adequate job in representing regular Americans versus the robber barons.
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activa8tr Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-17-10 08:45 AM
Response to Reply #2
7. You can declare who I love and who I don't and ..
you're not bothered by how totally illogical that sounds.

Not to mention that I did NOT say that I think "this administration is doing an adequate job in representing regular Americans versus the robber barons"...you jut made that up and decided that is what I think? FAIL !
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mdavies013 Donating Member (292 posts) Send PM | Profile | Ignore Fri Jul-16-10 07:28 PM
Response to Original message
3. $550 Million would be a big fine if it was a penalty. Here you make a couple hundred billion by
cheating and stealing. When caught...you will have to pay a "fine" of $550 million.

If only it could work that way for regular people. Caught speeding and fined $1,000 only to have the governement come in and give me $1,000,000 to pay the fine.

Another example of corrupt government cowed by big business.
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OnlinePoker Donating Member (837 posts) Send PM | Profile | Ignore Fri Jul-16-10 07:51 PM
Response to Original message
4. Should have been a percentage fine
10% of profits per year for the next 5 or 10 years (and can't be deducted as an expense for tax purposes).
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freethinker2 Donating Member (96 posts) Send PM | Profile | Ignore Fri Jul-16-10 08:44 PM
Response to Original message
5. Oh come on!
Edited on Fri Jul-16-10 08:50 PM by freethinker2
If it would have been a regular schmuck like us that did this, we would have had to pay it all back! Then we would have had to pay a fine or jail time. If you mix bad money with good money its all bad money, ask anyone who has been busted for drug sales.
The whole Goldman sachs "club" should have been hit with a RICO case.
HYPOCRISY!!!!
500Million, are you kidding me?
:wtf:

PS. One more thing, if you want to trade facts with Cenk you
will loose 99.9% of the time. The man does his homework!
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BetterThanNoSN Donating Member (122 posts) Send PM | Profile | Ignore Sat Jul-17-10 08:06 AM
Response to Original message
6. Elizabeth Warren yes...
Gensler, not so much. He STILL has done nothing about the fact that JP Morgan is manipulating the silver market. If the CFTC won't do anything about it, who will? Not sure Cenk is on top of Genslers' actions at the CFTC.
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The Northerner Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-17-10 04:09 PM
Response to Original message
8. K&R
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