Goldman Sachs

[quote]duffyj2 wrote:

[quote]LIFTICVSMAXIMVS wrote:

[quote]duffyj2 wrote:
And how exactly are bankers the “smartest people on the planet”? By cocooning themselves in inescapable debt?[/quote]

No, by convincing the stupidest people on the planet – politicians – to let the “taxpayers” pay for it.[/quote]

For the Nth time, it does not take a genius to do this. It takes a bit of money, and a Sunday lunch.

Are there people in Finance with properly brilliant minds? Of course, just as there are people in Landscape Gardening with properly brilliant minds. But when the recession came, these people were STILL making money.[/quote]

These ‘brilliant’ minds that were still making money when the recession came, I am and I am far from ‘brilliant.’ I think calling someone brilliant is a little troublesome, it denies the work put in to make a profit from the good and the bad. It does not take much creativity to come up with ways to make money honestly using a rational method of investing (e.g. not speculating).

[quote]duffyj2 wrote:
@ Brother Chris

I won’t say much, other than I completely disagree with your definition of intelligence. Intelligence is the ability to do complex things with your head. Problem solving, visualisation, imagination… I put all these things under the heading “Intelligence”.

Being one of the 100 richest people I put under the heading “wealthy”.

Why anyone would associate riches with smarts is beyond me. I think it’s a very American thing. Most people who get fabulously wealthy use the age old combination of greed and luck. I can’t see why this doesn’t make sense. Those in the quest for cash get rich (normally at the expense of their happiness and health). Those in the quest for knowledge get smart.

What about goal achieving? The goal of most academics is TO BE AN ACADEMIC! Seems like they’re pretty successful to me. And they do a hell of a lot less damage to themselves and everyone else along the way than those in search of El Dorado…[/quote]

Congratulations, you can disagree with me. You are wrong, but you are still entitled to your opinion. I guess there is a correlation between understanding what I am talking about and the density of your reply.

So if you cannot do complex things in your head like problem solve, visualise, and imagine, you are not intelligent? Well, I am not sure how many businessmen you have met, but I have met a few and you do not become a successful businessmen unless you can solve problems before or when they arise, visualise future markets or needs, and imagine how you go about doing that. Yes, businessmen may not know a great deal besides what they do, that is called specialized knowledge or intelligence. I do not have a great deal of general intelligence, however I do understand policy and economics. That is what drives me, and just because I do not remember what the Dhali Lama is, or when the light bulb was invented, or how many soldiers were sent to the American Revolution by the British does not mean I am not intelligent. I have a Rolodex on my desk and a Library card, if there is not someone I can call on for an answer, I have the Librarians phone number to wrangle me some books on the subject.

I am sure none of those 100 people problem solved, visualised, or imagined anything as complex as their business.

Greed and luck, well obviously we must be dealing with pirates in your world, because last time I checked people have to voluntarily do business with people, after all this is not the Third Reich.

I have money, I did not expense my happiness or health for it. Just because someone has a drive to know how to do a certain thing, and bring a service to others does not mean they are unhappy or unhealthy. So it takes no knowledge to make money, so we are in a caste system, you Sir are a genius. I always thought it did.

That is fine, they have specialized in general knowledge. The only thing worth its weight in salt in academia is teaching people how to acquire knowledge they want, but anyone with half a brain could figure that out. Meet people, carry a library card, and read stuff that deals with your field. Besides teaching other people how to obtain general knowledge, being in academia (most of the time) is usually worthless as they know a little about a lot, I guess they could on Jeopardy.

I do not speak Spanish, so I won’t assume I know what El Dorado is.

I am sorry, how do jack of all trades do ‘a hell of a lot less damage?’ I think they do now a days, they teach people general knowledge, then these people assume they know everything but they do not even know how to acquire a lot of knowledge about something.

http://www.realclearpolitics.com/video/2010/04/21/white_house_obama_did_not_take_goldman_pac_money_will_not_return_donations.html

[quote]skaz05 wrote:
http://www.realclearpolitics.com/video/2010/04/21/white_house_obama_did_not_take_goldman_pac_money_will_not_return_donations.html[/quote]

Yea Right. Can I get my tps reports now Obama.

[quote]dmaddox wrote:

[quote]skaz05 wrote:
http://www.realclearpolitics.com/video/2010/04/21/white_house_obama_did_not_take_goldman_pac_money_will_not_return_donations.html[/quote]

Yea Right. Can I get my tps reports now Obama.[/quote]

Doesn’t obama have to account for all his donations ?, I mean his repoert would have been filed before all this shit come down .

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]skaz05 wrote:
http://www.realclearpolitics.com/video/2010/04/21/white_house_obama_did_not_take_goldman_pac_money_will_not_return_donations.html[/quote]

Yea Right. Can I get my tps reports now Obama.[/quote]

Doesn’t obama have to account for all his donations ?, I mean his repoert would have been filed before all this shit come down .[/quote]

Shouldn’t we have the right to see his Thesis Paper, and all the other things written by him. The Tax Payers are paying a legion of lawyers to keep his information sealed. I am not talking about his birth certificate either.

[quote]dmaddox wrote:

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]skaz05 wrote:
http://www.realclearpolitics.com/video/2010/04/21/white_house_obama_did_not_take_goldman_pac_money_will_not_return_donations.html[/quote]

Yea Right. Can I get my tps reports now Obama.[/quote]

Doesn’t obama have to account for all his donations ?, I mean his repoert would have been filed before all this shit come down .[/quote]

Shouldn’t we have the right to see his Thesis Paper, and all the other things written by him. The Tax Payers are paying a legion of lawyers to keep his information sealed. I am not talking about his birth certificate either.[/quote]

I find the comparisons with Hitler to be interesting, especially when Hitler said he would use the ‘system’ to destroy the system. Obama uses the rules of our society, such as rules of privacy, to thwart and ‘change’ the system. Usually people dismiss the comparison with repugnance but in terms of how to use the system to alter it (destroy, in other words), the comparison is apt.

[quote]Headhunter wrote:

[quote]dmaddox wrote:

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]skaz05 wrote:
http://www.realclearpolitics.com/video/2010/04/21/white_house_obama_did_not_take_goldman_pac_money_will_not_return_donations.html[/quote]

Yea Right. Can I get my tps reports now Obama.[/quote]

Doesn’t obama have to account for all his donations ?, I mean his repoert would have been filed before all this shit come down .[/quote]

Shouldn’t we have the right to see his Thesis Paper, and all the other things written by him. The Tax Payers are paying a legion of lawyers to keep his information sealed. I am not talking about his birth certificate either.[/quote]

I find the comparisons with Hitler to be interesting, especially when Hitler said he would use the ‘system’ to destroy the system. Obama uses the rules of our society, such as rules of privacy, to thwart and ‘change’ the system. Usually people dismiss the comparison with repugnance but in terms of how to use the system to alter it (destroy, in other words), the comparison is apt.
[/quote]

I have stated this in another thread. The people of Germany only hate Hitler for the atrocities that he put on the people of Europe and the Jews. Everything else they love about the man. He brought forth Socialism. Why do you think the Soviets would not help in WWII until Hitler attacked them?

[quote]JoeGood wrote:
http://www.cnbc.com/id/36710264[/quote]

This story seems to only be politically motivated. Obama wants the people to feel like he is for Main Street, while having his hand out to Wall Street. Chicago Politics at its best.

http://finance.yahoo.com/banking-budgeting/article/109368/obama-to-keep-goldman-funds?sec=topStories&pos=6&asset=&ccode=

Looks like Obama received some money from Goldman Sachs, but will not return it.

[quote]dmaddox wrote:

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]skaz05 wrote:
http://www.realclearpolitics.com/video/2010/04/21/white_house_obama_did_not_take_goldman_pac_money_will_not_return_donations.html[/quote]

Yea Right. Can I get my tps reports now Obama.[/quote]

Doesn’t obama have to account for all his donations ?, I mean his repoert would have been filed before all this shit come down .[/quote]

Shouldn’t we have the right to see his Thesis Paper, and all the other things written by him. The Tax Payers are paying a legion of lawyers to keep his information sealed. I am not talking about his birth certificate either.[/quote]

Why aren’t you concerned about his 7th grade midterm english project , this is where the right gets really stupid

[quote]Headhunter wrote:

[quote]dmaddox wrote:

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]skaz05 wrote:
http://www.realclearpolitics.com/video/2010/04/21/white_house_obama_did_not_take_goldman_pac_money_will_not_return_donations.html[/quote]

Yea Right. Can I get my tps reports now Obama.[/quote]

Doesn’t obama have to account for all his donations ?, I mean his repoert would have been filed before all this shit come down .[/quote]

Shouldn’t we have the right to see his Thesis Paper, and all the other things written by him. The Tax Payers are paying a legion of lawyers to keep his information sealed. I am not talking about his birth certificate either.[/quote]

I find the comparisons with Hitler to be interesting, especially when Hitler said he would use the ‘system’ to destroy the system. Obama uses the rules of our society, such as rules of privacy, to thwart and ‘change’ the system. Usually people dismiss the comparison with repugnance but in terms of how to use the system to alter it (destroy, in other words), the comparison is apt.
[/quote]

I fid it ironic as well Nazis were a group of white supremeists , that controled the masses with fear and lies , I was not there but what I do know sounds like the republican party . FEAR FEAR FEAR OH MY SOCIALIST ,NAZI ,MUSLIM , I am sure I could go on the subject bores me

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]skaz05 wrote:
http://www.realclearpolitics.com/video/2010/04/21/white_house_obama_did_not_take_goldman_pac_money_will_not_return_donations.html[/quote]

Yea Right. Can I get my tps reports now Obama.[/quote]

Doesn’t obama have to account for all his donations ?, I mean his repoert would have been filed before all this shit come down .[/quote]

Shouldn’t we have the right to see his Thesis Paper, and all the other things written by him. The Tax Payers are paying a legion of lawyers to keep his information sealed. I am not talking about his birth certificate either.[/quote]

Why aren’t you concerned about his 7th grade midterm english project , this is where the right gets really stupid[/quote]

If you have a copy of it I would like to see it. It is rumored that his Doctoral Thesis paper is racially charged. Why wont he allow us to read his writings? If he is the messiah of Hope and Change he would be willing to share his wisdom.

[quote]pittbulll wrote:

[quote]Headhunter wrote:

[quote]dmaddox wrote:

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]skaz05 wrote:
http://www.realclearpolitics.com/video/2010/04/21/white_house_obama_did_not_take_goldman_pac_money_will_not_return_donations.html[/quote]

Yea Right. Can I get my tps reports now Obama.[/quote]

Doesn’t obama have to account for all his donations ?, I mean his repoert would have been filed before all this shit come down .[/quote]

Shouldn’t we have the right to see his Thesis Paper, and all the other things written by him. The Tax Payers are paying a legion of lawyers to keep his information sealed. I am not talking about his birth certificate either.[/quote]

I find the comparisons with Hitler to be interesting, especially when Hitler said he would use the ‘system’ to destroy the system. Obama uses the rules of our society, such as rules of privacy, to thwart and ‘change’ the system. Usually people dismiss the comparison with repugnance but in terms of how to use the system to alter it (destroy, in other words), the comparison is apt.
[/quote]

I fid it ironic as well Nazis were a group of white supremeists , that controled the masses with fear and lies , I was not there but what I do know sounds like the republican party . FEAR FEAR FEAR OH MY SOCIALIST ,NAZI ,MUSLIM , I am sure I could go on the subject bores me [/quote]

I find it ironic that you are right. You were not there. So please do not make assumptions you have no business speaking about. That is called ignorance.

[quote]dmaddox wrote:

[quote]pittbulll wrote:

[quote]Headhunter wrote:

[quote]dmaddox wrote:

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]skaz05 wrote:
http://www.realclearpolitics.com/video/2010/04/21/white_house_obama_did_not_take_goldman_pac_money_will_not_return_donations.html[/quote]

Yea Right. Can I get my tps reports now Obama.[/quote]

Doesn’t obama have to account for all his donations ?, I mean his repoert would have been filed before all this shit come down .[/quote]

Shouldn’t we have the right to see his Thesis Paper, and all the other things written by him. The Tax Payers are paying a legion of lawyers to keep his information sealed. I am not talking about his birth certificate either.[/quote]

I find the comparisons with Hitler to be interesting, especially when Hitler said he would use the ‘system’ to destroy the system. Obama uses the rules of our society, such as rules of privacy, to thwart and ‘change’ the system. Usually people dismiss the comparison with repugnance but in terms of how to use the system to alter it (destroy, in other words), the comparison is apt.
[/quote]

I fid it ironic as well Nazis were a group of white supremeists , that controled the masses with fear and lies , I was not there but what I do know sounds like the republican party . FEAR FEAR FEAR OH MY SOCIALIST ,NAZI ,MUSLIM , I am sure I could go on the subject bores me [/quote]

I find it ironic that you are right. You were not there. So please do not make assumptions you have no business speaking about. That is called ignorance.[/quote]

Phuck yew , my assumptions do not require an imagination like yours :slight_smile:

[quote]dmaddox wrote:

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]skaz05 wrote:
http://www.realclearpolitics.com/video/2010/04/21/white_house_obama_did_not_take_goldman_pac_money_will_not_return_donations.html[/quote]

Yea Right. Can I get my tps reports now Obama.[/quote]

Doesn’t obama have to account for all his donations ?, I mean his repoert would have been filed before all this shit come down .[/quote]

Shouldn’t we have the right to see his Thesis Paper, and all the other things written by him. The Tax Payers are paying a legion of lawyers to keep his information sealed. I am not talking about his birth certificate either.[/quote]

Why aren’t you concerned about his 7th grade midterm english project , this is where the right gets really stupid[/quote]

If you have a copy of it I would like to see it. It is rumored that his Doctoral Thesis paper is racially charged. Why wont he allow us to read his writings? If he is the messiah of Hope and Change he would be willing to share his wisdom.[/quote]

Unless you see his thesis, your assumption is not even worth mentioning.

I know it is hard for the people that did not live through Viet Nam to realize what a different world it was at that time. If not the majority of people surely the majority of youth were radicals. You see a war that has no purpose other than to enrich Shell Oil.
You see friends and family coming home from Nam in body bags, missing limbs and half crazy. And our Government keeps forcing people in to the military with threat of imprisonment and shame.

I was a radical and everybody I knew was a radical, so to judge me or any of my friends from that segment of my life would be very short sighted on YOUR part.

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]skaz05 wrote:
http://www.realclearpolitics.com/video/2010/04/21/white_house_obama_did_not_take_goldman_pac_money_will_not_return_donations.html[/quote]

Yea Right. Can I get my tps reports now Obama.[/quote]

Doesn’t obama have to account for all his donations ?, I mean his repoert would have been filed before all this shit come down .[/quote]

Shouldn’t we have the right to see his Thesis Paper, and all the other things written by him. The Tax Payers are paying a legion of lawyers to keep his information sealed. I am not talking about his birth certificate either.[/quote]

Why aren’t you concerned about his 7th grade midterm english project , this is where the right gets really stupid[/quote]

If you have a copy of it I would like to see it. It is rumored that his Doctoral Thesis paper is racially charged. Why wont he allow us to read his writings? If he is the messiah of Hope and Change he would be willing to share his wisdom.[/quote]

Unless you see his thesis, your assumption is not even worth mentioning.

I know it is hard for the people that did not live through Viet Nam to realize what a different world it was at that time. If not the majority of people surely the majority of youth were radicals. You see a war that has no purpose other than to enrich Shell Oil.
You see friends and family coming home from Nam in body bags, missing limbs and half crazy. And our Government keeps forcing people in to the military with threat of imprisonment and shame.

I was a radical and everybody I knew was a radical, so to judge me or any of my friends from that segment of my life would be very short sighted on YOUR part.

[/quote]

I might not have lived in those times, but my parents and in-laws did. My Father-in-law was drafted, and my father was in College an only child of a Man who gave his life defending freedom in WWII. Your inability to see that these people were there to keep your freedom to be a hippie is very short sighted on YOUR part. To spit on the soldiers for doing their duty shows nothing but fear from you liberals. This is why the military says, “All gave some, but some gave all.” Until you are willing to give all and understand honor you are nothing more than a chicken shit in my book.

Your thought on Shell I find ironic because it is a British company and has nothing to do with the States.

[quote]dmaddox wrote:

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]pittbulll wrote:

[quote]dmaddox wrote:

[quote]skaz05 wrote:
http://www.realclearpolitics.com/video/2010/04/21/white_house_obama_did_not_take_goldman_pac_money_will_not_return_donations.html[/quote]

Yea Right. Can I get my tps reports now Obama.[/quote]

Doesn’t obama have to account for all his donations ?, I mean his repoert would have been filed before all this shit come down .[/quote]

Shouldn’t we have the right to see his Thesis Paper, and all the other things written by him. The Tax Payers are paying a legion of lawyers to keep his information sealed. I am not talking about his birth certificate either.[/quote]

Why aren’t you concerned about his 7th grade midterm english project , this is where the right gets really stupid[/quote]

If you have a copy of it I would like to see it. It is rumored that his Doctoral Thesis paper is racially charged. Why wont he allow us to read his writings? If he is the messiah of Hope and Change he would be willing to share his wisdom.[/quote]

Unless you see his thesis, your assumption is not even worth mentioning.

I know it is hard for the people that did not live through Viet Nam to realize what a different world it was at that time. If not the majority of people surely the majority of youth were radicals. You see a war that has no purpose other than to enrich Shell Oil.
You see friends and family coming home from Nam in body bags, missing limbs and half crazy. And our Government keeps forcing people in to the military with threat of imprisonment and shame.

I was a radical and everybody I knew was a radical, so to judge me or any of my friends from that segment of my life would be very short sighted on YOUR part.

[/quote]

I might not have lived in those times, but my parents and in-laws did. My Father-in-law was drafted, and my father was in College an only child of a Man who gave his life defending freedom in WWII. Your inability to see that these people were there to keep your freedom to be a hippie is very short sighted on YOUR part. To spit on the soldiers for doing their duty shows nothing but fear from you liberals. This is why the military says, “All gave some, but some gave all.” Until you are willing to give all and understand honor you are nothing more than a chicken shit in my book.

Your thought on Shell I find ironic because it is a British company and has nothing to do with the States.[/quote]

I personally feel no ill will towards our military but you will have to make the connection for me how Viet Nam war ensured our freedom?

I have friends and relatives that gave their life, limbs and sanity. The last friend that was a casualty of Nam died of complications from being sprayed by Agent Orange. Ironically his case was tied up so long in court that he died before he ever got a claim for our GOV. This is the shit pissed people off, not the soldiers.

http://www.brojon.org/frontpage/bj050701-3.html

My info may have been a little skewed but it came from memories of that time

Aaaaaaaaand:
http://www.mcclatchydc.com/2010/04/21/92637/goldmans-connections-to-white.html