Let's do the math on our friends Goldman Sucks. Point 1: Our dolty Gov't handed GS $13 bn in cash by saving AIG, a company with whom Goldman foolishly traded. Point 2: GS is supposedly looking to pay out $11 bn in bonuses this year. Hmmmm. Since the taxpayer will likely lose ALL of it's AIG investment (see also CIT $2.3 bn taxpayer loss, maybe as early as this weekend), the taxpayer essentially paid Goldman Sucks to make bad bets. We rewarded stupid decisions with CASH! Point 3: You are welcome Warren Buffett. For my $13 bn donation to Goldman Sucks's financings in the past 12 months-- TARP/TGLP and other discount window-type lendings-- and therefore your charitable trust, I don't get face time with Bill Gates. Do any of you other taxpayers? For my portion of $13 bn, I think I should at least get to play a single hand of bridge with your buddy Bill, after all, it's my money your donating to his charity without my authorization. Our forefathers thru tea into the harbor when they were taxed without representation, what are we going to do? so on principle, short GS. Maybe you lose money after Bernanke robs us (again) with his monopoly-money ways, but at least you'll be able to account for how you lost it, as opposed to having it stolen from you (in the form of runaway inflation, see gold, see silver run today boys and girls?)
$190.57001 (10/08/09)
