Monday, April 19, 2010

Goldman, So What?

All the focus is on Goldman, I really don't get what the big deal is. I mean if you think Goldman is the only company creating these products to sell to gullible people you are sadly mistaken. The whole financial system is one big ass pyramid scheme, sold to all you gullible people all the way back before your grandfather's grandfather was even a thought.

I mean you have the government actually telling everyone to hide their losses, if all these banks wrote down the true worth of these so called assets, well goodbye company and goodbye financial system. People can promote these lies all they want, the Truth always wins. The system will collapse and there is nothing you can do to stop that.

Give it a few more days they will move on to more pressing needs Greece.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a_vJB04lghjc&pos=7
April 17 (Bloomberg) -- Merrill Lynch & Co. engaged in the same investor fraud that the U.S. Securities and Exchange Commission accused Goldman Sachs Group Inc. of committing, according to a bank that sued the firm in New York last year.

Goldman wasn't the only one, Duhhhhh!

The only way the system survives longer is to find more and more gullible people at an exponential rate. Humans can't supply the equation long-term.

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