Fuck Goldman Sucks. These assholes were all over the place helping Tump during his presidency. Tump’s treasury secretary was literally Goldman Sacks executive.
Not as high up, but sometimes they worked for Biden too, on the 2020 transition team and a manufacturing program:
https://finance.yahoo.com/news/goldman-banker-quits-join-biden-154522984.html
“economy” ‘like rich people yacht money’ “economy”? Or economy like actually something meaningful to my poor ass?
Yep, when stocks start going south, the first thing to do is lower wages/fire people and the second is heighten prices.
People shouldn’t be under the idea that problems in wall street mean the rich are becoming poor. It means the rich will be less rich and the poor will lose their jobs and suffer higher prices. The GFC was proof that wall street fucks up and the rest of the population finds out.
Kamala: “I won’t raise the capital gains tax as much”
Shortly thereafter: "she’s good for the economy’
These rich fucks have us bent over the table. Any time one of them says something will be 'bad for the economy", interpret it as a threat and it makes way more sense
Goldman Sachs wants to make money. When they talk about the economy, they’re talking about more yachts for their CEOs and rich stockholders.
And what makes this extra comical is that a president is supposed to be there to lead the country for the benefit of the people. Not for the big banks. Newspapers are supposed to know this basic fact about civics.
Assuming by “economy” we mean “wall street’s ledgers,” there could easily be a massive correction/recession/depression coming up, and the president wouldn’t make much of a difference there. What they do to recover from it could differ a lot, as seen with Trump/Biden, Bush/Obama, or any number of older examples.
