7.16.2009

Cliques: this is what the bailout is all about

Lets compare two financial companies, Goldman Sachs and CIT Group.

Goldman Sachs is a, um, well... it is very hard to describe what exactly it is.

It is not a bank (although to get our tax money, the so called bailout or even more laughable name "economic stimulus") it became one.

I think the best definition is of a leech on our financial system.

A leech is a parasite, an organism that feeds off its host while giving nothing back in return.

There, lets keep it simple, I say.

Read more @ American Goy

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