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Archive for the ‘business as usual’ Category

Goldman Sachs reports record earnings

In National Level, business as usual on January 22, 2010 at 4:26 am

Nice to know Goldman Sachs reported record earnings. Oh yeah , and 16 billion was shoveled out in Christmas bonuses to their top management.Oh yeah and they gave $800,0000 to Obama and $200,000 to McCain in campaign contributions. Nice to know that our tax dollars for the bailout went to the appropriate sectors. The bank in 2009 earned a profit of $13.4 billion on revenue of $45.2 billion, and 4th quarter earnings of $8.20/share, beating estimates of $5.20/share. The citizens here in this country are so apathetic and zoned out. You think there would be mass citizens outside the doors protesting and demanding for answers, but of course a measly group of 10 protestors showed up at the doors once they heard news. These companies and politicians are not being held accountable for their actions. With such little anger and little to none as far as action goes they will only continue to bankrupt this country into a rut we will never be able to overcome. 13 trillion dollars in debt, borrowing our way out of childish mistakes of the checkbook. When is this ever going to stop? 20 trillion? 60 trillion? Then what? No one will have faith in our country and the whole economic fog mirrors we have been displaying will be finally shown for what a scam it really is. Business as usual.

-Tropher Teharr