Rolling Stone: The Great American Bubble Machine PT.3 of 5

Posted by admin on Apr 16th, 2010 and filed under Investing. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry


Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression. In Rolling Stone Issue 1082-83, Matt Taibbi takes on “the Wall Street Bubble Mafia” — investment bank Goldman Sachs. The piece has generated controversy, with Goldman Sachs firing back that Taibbi’s piece is “an hysterical compilation of conspiracy theories” and a spokesman adding, “We reject the assertion that we are inflators of bubbles and profiteers in busts, and we are painfully conscious of the importance in being a force for good.” Taibbi shot back: “Goldman has its alumni pushing its views from the pulpit of the US Treasury, the NYSE, the World Bank, and numerous other important posts; it also has former players fronting major TV shows. They have the ear of the president if they want it.” Here, now, are excerpts from Matt Taibbi’s piece and video of Taibbi exploring the key issues. From Matt Taibbi’s “The Great American Bubble Machine” in Rolling Stone Issue 1082-83 www.rollingstone.com

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7 Responses for “Rolling Stone: The Great American Bubble Machine PT.3 of 5”

  1. giganticbeast says:

    greens*
    An actual Congress and Senate working for the people.. not the multinational corporations looting this country bare, can keep Obama in check in exactly the way they’re supposed to. Even perhaps slightly nudge/ inspire him to stop accommodating the worst of the worst while saying the opposite, and be an actual President.

  2. giganticbeast says:

    yes. and Dr Paul or his allies. but the presidential reality show is not the whole picture, as much as our culture might hype the rock star and the spotlight of the individual. we CAN do a congressional housecleaning next year, replacing non-constitutionalist democrats and republicans with independents/libertarians/greens and people with overall better records. ideally, no one who voted for the TARP “bailouts” or nazi-esque Patriot Act.
    HOPE for CHANGE.. a good idea’s time has come.

  3. afringedweller says:

    As far as I’m concerned, people who want real change, should keep their eye on Dennis Kucinich for president next time.

  4. davfritz says:

    are you making any of this up?? I suspect not. How frightening.

  5. KamikazeKoscki says:

    The Elites have Revolted and destroyed the Constitution overnite! Don’t vote for any of these corrupt elites, throw them all out of office.

  6. windwalker1313 says:

    Good info!

  7. Idolcruisefix says:

    and over population is a haox as well, innovation suppressed…we can take photo’s of mars but fresh water and non GMO food is beyond rocket science i guess, water dirt and sunlight is too high tech i suppose, and cities in barren deserts made to be surrounded by food giving vegitation, oh that’s like impossable. now if you want some protons collided or some dna splices to do god knows what to whatever eats it or is it or him or her, we got ya covered.

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