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Adept Appraisal
1613 Posts |
 Posted - 07/01/2009 : 7:20:05 PM
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I never thought I'd say this, but Rolling Stone magazine put out some real journalism this week.
I just finished reading an extensive article in this week's issue entitled "The Great American Bubble Machine," and felt that those who really want a serious piece of information would be interested. Goldman Sachs is LIT UP in this thought provoking article, it's outstanding.
It's not yet on the R.S. web site (at least not as of tonight), but some links and banter are starting to arise, you can begin here:
http://wallstreetblips.dailyradar.com/story/matt_taibbi_taibblog_on_giving_goldman_a_chance/
This goes out to the cattle callers blaimnng LOs, appraisers and other such bit players for the current financial mess. You may be singing a different tune after you read the above.
I've said otherwise for years, I've said this is a well laid out plan, history repeating itself (as it is right now in front of our eyes with Cap & TRADE) and this guy nails it.
He may be right, he may be wrong, but I like the cut of his jib, as a lot of people are going to be really upset with this piece. Check it out, see what you think, let me know.
Best,
Dave... |
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Adept Appraisal
1613 Posts |
Posted - 07/01/2009 : 7:46:57 PM
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I found a link on-line for the article, in case anyone is interested.
http://www.scribd.com/doc/16763183/TaibbiGoldmanSachs
The magazine is (obviously) easier to read than this, but perhaps soon the Rolling Stone web site will have it published. It really is an outstanding piece of journalism.
Dave... |
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Adept Appraisal
1613 Posts |
Posted - 07/03/2009 : 07:59:57 AM
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Word is getting out...
http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine/print
This is going to get good. |
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broker3271
417 Posts |
Posted - 07/03/2009 : 09:31:38 AM
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| Finally somebody gets it. Send this to Maxine Waters. |
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VVance
6509 Posts |
Posted - 07/03/2009 : 11:03:22 AM
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Great read!
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efrederick
1258 Posts |
Posted - 07/03/2009 : 12:33:42 PM
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Impressive article.
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Adept Appraisal
1613 Posts |
Posted - 07/03/2009 : 1:18:04 PM
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Man, that's what I thought, too. I hope more here read it (like Greg, and others), the same folks who routinely place the blame for just about everything on the bit players.
This was all about control and manipulation from the get go, it's amazing to me that so few are able to see it, let alone admit it when faced with the facts.
We have a manufactured crisis, and what's the answer? MORE CONTROL. And people buy that crap. Hmmmmm.....
Dave... |
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