Since you go to a grocery store and buy bacon every week, does that give you the right to sue your local grocer when you get heart disease? When I visit Whole Foods Market, Inc. [[WFMI]] , I buy domestic organically grown food, despite all of the Mexican shit on sale down the block. When it comes to beef, I try to buy grass fed only, mainly because I am not into e-coli poisoning. When visiting my favorite grocery stores, I speak to people. I talk to the butchers, the managers, even the cashiers. Most of them eat corn fed beef and absolutely love bacon. However, the manager of the grocery store, down the block, fucking hates bacon and avoids eating meat, whenever he can.
The government hacks going after Goldman, because their super sophisticated clients (institutions) lost money betting on the housing market, is equal to me suing Whole Foods Market, Inc. [[WFMI]] because my cholesterol is 208; and hell, last I checked, those fuckers sold meat.
Assholes of Congress, like-minded internet idiots: Goldman does not service pikers. The people who bought products from Goldman did so because they wanted to, not because they were cajoled. For Pete’s sake, the CLO, CDO, CMO market was booming for years prior to the collapse. Goldman was simply supplying the market with lots of red meat because their was LOTS of demand. What they did with their own money should not concern the government, just like it’s none of my business what the manager of Whole Foods is eating for dinner tonight. Unless their was gross negligence and/or a deliberate intent to “get liquid” off of their clients, this government versus Goldman Sachs stinks of sour grapes.
As for the market, it’s a mixed bag. Earning are coming in well above expectations, which should keep the ball rolling downhill—for now.
More on this later.
[youtube:http://www.youtube.com/watch?v=t7LAzKtozdM 616 500]
Comments »