This blog originally founded by Blogger who holds a theological degree and a doctorate in Counseling Psychology. Taught Psychology for 32 years and is now Professor Emeritus. Is a board-certified psychologist and was awarded the Lifetime Achievement Award in his profession. Ministered as a chaplain, and pastored Baptist and Episcopal churches. Publications cover the integration of psychology and theology. Served in the Army, the Merchant Marines and the Peace Corps.

Monday, April 13, 2009

Goldman Pushes Stock Issue in Plan to Escape U.S. Grip

Good news from tomorrow's on-line Wall Street Journal. Now let's watch and see if Obama lets them escape.

"Goldman Sachs Group Inc., frustrated at federally mandated pay caps, has been plotting for months to get out from under the government's thumb.

On Monday, Goldman took fresh steps to break free: It announced, as expected, that it plans to raise $5 billion by selling new common shares to investors, and that it would like to use the money to repay government bailout money received last year. The firm also reported stronger-than-expected first-quarter earnings of $1.81 billion."

60 comments:

Liberal POV said...

Obama

Limiting CEO salaries sure put a stop to corporate greed trying to get more tax payer money.

Had Obama not fired GM's CEO do you think these guys would be trying to pay the government back?

We have a smart man in the whitehouse.

Sarkazein said...

Keep searching POV.

Sarkazein said...

http://drudgereport.com/pso.jpg

Phil Spector found guilty of murdering a woman...he's wearing an Obama button.

Oatz said...

What for profit enterprise has Obama run? Obama has been on the Government TIT for so long he thinks he can walk on water.

matt said...

With the new mark to market rules you can't trust the banks earnings at all...

The house of cards gets stacked a little higher....

Sarkazein said...

POV-

How much has your income gone up since the CEO's went down? ZERO.

Wolf's Head said...

Good luck in trying to pay the go'vt back. So far those who have tried have been denied by the Feds.

Their goal is control of the financial institutions. Period.

LPOV, don't you get tired of the old Marxist class warfare act? I know we are.

And Oatz, the "for profit enterprise" Obama has run is the United States.

But he is going to change that....

Sarkazein said...

One CEO , it was just announced, received a $28 Million bonus. Peanuts compared to what Hollywood pays, and the major leagues.

Bill Iannarone said...

Populists always look smart to other populists. But leader populists are dangerous because they go whichever way the wind goes in public while quietly doing something else. And follower populists are dangerous because they blindly run after their leaders declaring the Dear Leader's smartness no matter what.

Questions - Was Obama as smart when he wanted to give them the money without restrictions? If so, would that make GW Bush just as smart because he wanted the same thing... only first?

But mostly POV - - Is Obama smart because despite the salary restrictions he set up as a populist, he is now more quietly working to create a bypass around them so compensation packages are NOT affected? (i.e. setting up second parties to take the bailouts and lend them to companies as a loophole to the salary laws)
Reference:
http://www.washingtonpost.com/wp-dyn/content/article/2009/04/03/AR2009040303910.html?sub=AR

Now I do have to admit that despite the illegality and hypocrisy of it all, I find that I am building an admiration for the man in the same way I do for a genius conman or the guy that defeats casino security. I guess it helps to have most of the media in the tank so you get a free pass. They’d be talking about impeachment of a Conservative for this alone.

Liberal POV said...

Mr Bill

Do you have some secert plan to fix the economy?

Please share.

guy faulkes said...

Bill, we have already tried to educate POV about tax cuts, less regulation, and a free market economy. He does not or will not understand. It is your turn. Good luck. Notice he does not wish to talk about Mr. Obama's plans but instead wants to change the subject.

Bill Iannarone said...

Anonymous POV - once again you can't handle the embarrassment of your own Dear Leader and you avoid serious issues. Once again Obama is right in all things, even if he does one thing publically and voilates that quietly and privately.

Doesn’t his attempt to privately create loopholes to skirt his own law bother you just a bit? It even bothers more than a few Dems in Congress.

As a matter of fact, there were much better solutions available that would have worked immediately, been far more effective, and cost far less. I will be happy to oblige your request if you can manage to express an honest opinion.

I won't hold my breath waiting, as I expect you to do the typical dodge and misdirect.

Pocket said...

Oatz:

Jealous Obama's getting some tit while you remain thirsty?

Liberal POV said...

Mr Bill

Why waste the computer screen with all of those words to say nothing?

How would you fix the economy the Republicans broke?

You want more of the things that got us into this mess?

Are you attending the billionaire sponsered Tea Party tomorrow?

Bill Iannarone said...

Glad I didn't hold my breath! Still running a bit slow, huh? Again, your ability to comprehend has no bearing on the nature of the post. Let me see if I can simplify the question.

Do you believe Presidents should pass one law in public view and then bypass it quietly with loopholes?

Sorry - I can't make it any more simple than that.

Bill Iannarone said...

If you can't answer that question, you may have even fallen to become an embarrassment to other liberals.

Liberal POV said...

Mr Bill

Do you still beat your wife?

The answer to your question is no. Because you have heard some bullshit on Fox News doesn't make it true.
Most Fox News is at best hype and at worst propaganda.

Even when Obama and Bush say the same thing it is sounds reasonable coming from Obama. That must be his political skill.

Just heard 72 % percent of Americans feel safer under Obama or was it Dick Cheney is wrong.

Bill Iannarone said...

ROFL - Gotcha AnonyPOV!!! I gave you a link to the WASHINGTON POST. Or is all that news bogus too?

That explains why everything longer than "CHANGE" doesn't make any sense to you. Why do you even bother to come here... just to drivel???

Evidently your lack of ability to understand starts with your lack of ability to read. But since you missed it the first time:
http://www.washingtonpost.com/wp-dyn/content/article/2009/04/03/AR2009040303910.html?sub=AR

Now that you've admitted that such should not be the case, maybe you can humble yourself to apologize and criticize your messiah.

Liberal POV said...

Mr Bill

I want the economy fxed more than I want CEO punished.

I do trust the Obama Admin to try to fix what the Republicans broke. I had zero trust in the Bush Admin.

Your telling Obama what to do next is like Wolf telling Scully how to land flight 1549 in the Hudson River.

Fact: Your side lost the election.

Fact : Your side doen't have a recovery plan.

Fact: Your side has less than 26% of public oppinion on your side.

Now I have been in the less than 26% of Public oppinion as when Bush started the War in Iraq and I know your flustration. What goes around comes around.

As I and most liberal and other American see it Obama's trying to fix a Bush mess.

I like what he says and I like what he does.

I thought you guy were part of a Bush cult sounds like you think the same of Obama supporter now.

I've had eight years of being a Grumpy liberal and I'm not want to get pissed at Obama this early in the game. I'm having too much fun calling conservatives Grumpy Old Men.
I had youth ( not mine ) on my side, your side is faced with an aging core, lack of energy, lack of technical skills and and lack of leadership.

You do have the money of the billionaires.

Bill Iannarone said...

Yeah, that's about what I thought. You finally had it shoved in your face that Obama is a law breaker and a sneak and you were against it till it was proven Obama is involved.

You will have to pardon me if I reject any other premise or opinion you have since you don't even carry the facade of intellectual honesty.

You owe a lot of apologies here, but bottom line, you now know that everyone knows you have zero credibility and a double standard that you can't even attempt to explain away with ignorance.

No wonder you prefer to remain the AnonyPOV. Shameless!

Oatz said...

Liberal POV Economy was broken by Chris Dodd, Barney Frank, Franklin Raines (Obama financial advisor stole $90 million from Fannie Mae in BONUSES),Maxine Waters D-ca(roasted Fannie/Freddie auditor "who dared besmirch the name of Raines), Obama(who in 2 short years as Senator was #2 behind Dodd in PAC money from Fannie/Freddie), and the list goes on. MoveOn.org funded by George Soros( Gazillionaire who profits from our BAD economy guess who he FUNDED yes Obama).

I neither OLD, but could be considered GRUMPY because I read numerous sources to see that Obama is not qualified to run a 7-Eleven, but MILLIONS of Hopers and Changers voted for a Obama that by his OWN projections will raise the National Debit higher than all previous Presidents combined. PERIOD end of story. Liberal POV I have paid a higher rate of Social Security taxes all my working life than Baby Boomers like yourself have and at the rate your Party is going we will be mortgaging our kids kids kids' futures to the tune of $80,000 each and rising. Defend that.

Anonymous said...

New to the blog and enjoying it.

1 comment I believe sums it all up. Friend of mine is a CPA and was wrapping up a return yesterday. Called the client and told them that they owed $X,XXX. The person went off the deep end and begin saying "I thought Obama was going to help me with my taxes." Sad part is this is someone that you would think could think and understand for themselves, but it appears was just a sheep following the chosen one to the slaughter house. That is what scares me, too many sheep just following this guy around.

Keep it up, nice site.

Liberal POV said...

SMB2

" Sad part is this is someone that you would think could think and understand for themselves, but it appears was just a sheep following the chosen one to the slaughter house. That is what scares me, too many sheep just following this guy around."

What ever your taxes are today is because of Republicans and Mr Bush.

The real sheep will be attending a Tea Party today sponsored by right wing billionaires. Insurance , tobacco, chemical, petroleum, pharmaceuticals, coal

Have fun and stay with the flock.

Most folks will owe far less taxes this year because Republicans and Bush wrecked the economy and most with businesses had a steep drop in income, many lost their jobs.

Anonymous said...

Nice Try. Two words for you and your bitter attitude towards people with Money and power.

George Soros

Sarkazein said...

POV-

"What ever your taxes are today is because of Republicans and Mr Bush."-POV

Right, and they are lower now than they will be as the Left rescinds President Bush's tax cuts.
How easy you forget, POV about your comments saying taxes are not high enough because of President Bush. It is NOW the PEOPLE are starting to pay attention because anyone with a brain can figure we all are going to be taxed out of our lifestyles AND it is too high even NOW.

Liberal POV said...

Sark

I'm not in the $250,000.00 tax bracket.

How many of those sheep attending the billionaire sponsored Tea Party today will be in the $250,000. tax bracket?

Stay with the flock.

Reader said...

You know Blogger, I said the banks shouldn't have taken the TARP money to begin with. They are at the mercy of the government and will continue to be, until it's paid back.

Yadkin's stockholders today are fighting to make sure none is taken. My proxy vote was sent in voting NO.

Lib, it's not good to be stressed about a tea party. No need to concern yourself.

By the way, good comments Bill and SM2B.

Blogger said...

Reader wrote "By the way, good comments Bill and SM2B."

I want to ditto that.

Thanks to all.

Liberal POV said...

Blogger, Reader and Matt

Locally it may not be the billionaires sponsoring but a religious group.

Matt do you know anything on this issue I believe you're a member of this organization??

Do you have any issues beyond taxes?

matt said...

POV,
What organization are you even talking about?

I doubt that I share the same religious beliefs as the other planners of this tea party.

Other people's religion is no business to me,

I don't really care what they believe...why are you even making this an issue?

Liberal POV said...

Matt

It's Sandy and Pat that are members of the religious group.

Is the religous group part of the Tea Party sponcership?

I ask because I don't know about the group or sponcership.

You would be correct this should be no different than members of the same church attending the event.
However if the religous group Zerubbabel is a sponser I think that should be disclosed.

Reader said...

"President Barack Obama declared on tax-filing day that he aims to take the dread out of deadline day. Obama said at a White House event Wednesday that he's working toward "a simpler tax code that rewards work and the pursuit of the American dream."

I'm working toward a simpler tax code too. Rewards work for whom? He doesn't want anyone to make any money.

Liberal POV said...

Reader

"Rewards work for whom? He doesn't want anyone to make any money."


Now do you really believe that? Now you sound Grumpy and silly.

guy faukes said...

Mr. Obama's tax and spend policies do reward work. Unfortunately, the rewards go to those that do not preform the work in much to many cases by stealing money from those that do work.

matt said...

POV,
There was no sponsor..just individuals getting together to plan this event.

I am glad you feel the need to tell me what needed to be disclosed at our little get together...you liberals just can't get enough control can you?

Sarkazein said...

POV-

Were you thinking the Tea Parties are only about Federal income tax? Take off the blinders, it is about the enormous total of all taxes as listed by one or more of the commenters on this blog.

In Texas, we pay a property tax based on the market value of the home. Values have declined, the tax rate went up. After 8+ years of the housing boom and the huge increase in property tax revenue and Billions from the Lotto, it is still not enough...it will never be enough. The Tea Parties say "ENOUGH!"

Liberal POV said...

Matt

You and conservative have a right to know what movements George Sorros funds. We all have a right to know T Boone Pickens is behind the Alternative energy movement.
The true sponsors behind the Tea party is a valid question? Locally was it a religious group,or local right wing radio?

I did drive by and noticed most of the 100 to 150 protesters looks as those they will benefit from the Obama Admin's taxes Economic stimulas plan and social safety net of health care reform, and education support.

Anonymous said...

Hang in there POV, I am sure you will get your free and deserved share soon and be happily embeeded in society as a ward of the state, I mean an socialist, I mean a Marxist, I mean, well you know what I mean.

Today was about saying enough is enough and all the entitlement crap in this country now. I am sick and tired of the comment from Obama and team "we won the election". Guess what that doesn't give you and your cronies the right to ruin our country with your agenda.

Go ahead tell me about how the majority won. Guess what a lot of the majority were people that have no clue. They could not tell you a single thing about his policies, they can't tell you much of anything if it is not on MTV. Yes he won but he did it at the risk of the very people he preyed on for votes, the barely legal impressionable people who thought it was "cool" to vote for him.

Cinncinatus said...

I have enjoyed reading this thread. I think Wolf raises the most valid question. Will GS be able to repay the money and get the gov't off of their back.

If they can then I will think better of the Obama administration.

If they can't I guess the power grab will be out in the open for everyone to see. If they choose to see it.

Liberal POV said...

SMB2

Would you define the term socialist and marxist?
I'm not sure you know the meaning.
Then please study the capitalist model that led to the Savings and Loan collapse of the 1980s, Enron, world com in 2002, Bear Sterns in 2008 and the entire economy by the end of the Bush term.
Hard working citizens had their life saving stolen from them by the like of Ken Lay or as Bush called him "Kenny Boy" .

You can call Universal Health Care socialist, marxist or any thing you like but it works for free people all over the world.

Your comment "Guess what a lot of the majority were people that have no clue. " Would be true of most of the people I saw attending The Fox News sponsored Tea Party. Fox News and Right Wing Radio is pay for by the country's billionaires of Tobacco, Petroleum, Pharmaceuticals, Coal, Chemical and Defence industries. Enron type folks.

"They could not tell you a single thing about his policies, they can't tell you much of anything if it is not on MTV. "

Most of the misinformed folks attending the billionaire sponsored Tea Party will pay far less in taxes under Obama's plan and will have greated opportunity once the economy s back on track.
Fox News has one agenda an that is to misinform.

MTV viewers will be better informed than those listening to Fox News propaganda.

Sarkazein said...

POV-

The French President says Obama is a wimp. That should do it for you. I expect no more defense of Obama from you. The world has spoken.

Sarkazein said...

SM2B

Don't do it, many commenters have explained to POV the definition of socialism and Marxism over and over. Let him look it up for himself or he will never retain the information. The actions of a typical Liberal wanting someone with more (in this case knowledge) to GIVE to those with less.

"Would you define the term socialist and marxist?"-POV

Liberal POV said...

Sark

Is this more Fox News or Right Wing Radio misinformation?

You may want to consider MTV to get more accurate information.

Liberal POV said...

Sark ond other Grumpy Old Bloggers

Last night HDNET had a documentary on Enron that was out standing. It showed the complicity of Aruther Anderson Accounting, Banks, Law firms, Political leaders especially the Bushes and Cheney but not just Republicans and the media.
It also showed many of the current problems and corporate mentality that has reduced all of our wealth.
Degegulation is what has lead to the current melt down and corporate theft.

Sarkazein said...

POV-

How many TIMES do you need to be wrong about an info source just because it disagrees with your mind-set?

http://www.timesonline.co.uk/tol/news/world/world_agenda/article6098836.ece

Sarkazein said...

POV-


From Times Online

(Jason Reed/Reuters)
Charles Bremner


Mr Sarkozy is pouring cold water on President Obama's efforts to recast American leadership on the world stage, depicting them as unoriginal, unsubstantial and overrated. Behind leaks and briefings from the Elysée Palace lies Mr Sarkozy's irritation at the rock-star welcome that Europe gave Mr Obama on his Europan tour earlier this month.

The American President's call "to free the world of the menace of a nuclear nightmare" was hot air, Mr Sarkozy's diplomatic staff told him in a report. "It was rhetoric – not a speech on American security policy but an export model aimed at improving the image of the United States," they said. Most of Mr Obama's proposals had already been made by the Bush administration and Washington was dragging its feet on disarmament and treaties against nuclear proliferation, the leaked report said.

Personal pique and French politics are also behind the souring of Mr Sarkozy's self-promoted honeymoon with the United States. On the personal side, the French President is needled by the adulation for an unproven US leader whose stardom has eclipsed what he sees as his established record as a world troubleshooter. "The President is annoyed by what he sees as the naivety and the herd mentality of the media," said a journalist who is privy to Elysée thinking. END Article

Sarkosy, no relation to Sarkazien.

Liberal POV said...

Sark

This UK Times Online is just another publication of billionaire Rupert Murdock like Fox News or For Misinformation.

Billionaire Rupert Murdock is using you fools.

Fined something not owned by Murdock. The Liberal Media is a lie. Billionares own most of he media.

Sarkazein said...

Jason Reed/Reuters, POV. No wonder 3 day old news is always such a shock to you

Liberal POV said...

Sark

Sorry but Jason Read is the photographer not the writer.Charles Bremner is the writer an he works for Billionaire Rupert Murdock the same man that owns Fox Propaganda.

Sarkazein said...

POV- nice job. However, unless you don't believe the author of the report, fact remains the same.

Liberal POV said...

Sark

Rupert Murdock's media is not known for his journalistic integrity.

Sarkazein said...

POV-

Yes it is.

Liberal POV said...

Sark

Really? By whom?

Sarkazein said...

FOXNEWS 3,390,000
MSNBC 1,210,000
CNN 1,070,000
CNN HEADLINE 909,000


FOXNEWS O'REILLY 3,980,000
FOXNEWS HANNITY 3,239,000
FOXNEWS GRETA 2,947,000
FOXNEWS BECK 2,740,000
FOXNEWS BAIER 2,401,000
FOXNEWS SHEP 2,185,000
COMEDY DAILY SHOW 1,777,000
MSNBC OLBERMANN 1,499,000
COMEDY COLBERT 1,446,000
CNNHN GRACE 1,336,000
CNN KING 1,292,000
MSNBC MADDOW 1,149,000
CNN COOPER 1,021,000


Apparently most.

Liberal POV said...

Sark

Sensationalism is not journalism.

Your list make the point Fox is about ratings not truth.

Sarkazein said...

No it's not.

Liberal POV said...

Sark

Foox's Corporate slogan "Rating over truth"

Wolf's Head said...

Just to clear the air and to answer LPOV's honest questions about the TEA Parties...

YES! They are all co-ordinated by a secret cabal of religious fundamentalist fanatics, pro-gun super patriots, ex military extremists, Wall Street banking moguls and both the Girl Scouts AND the Boy Scouts of America!!!

This secret and powerful cabal has it's soul purpose the demise of the Obama Presidency, and the eventual gassing of his multitudes of followers in Pizza Ovens across the US, where their remains will be recycled into fertilizer!

(This post was meant as a sarcastic response to LPOV's stupid and inane posts)

Liberal POV said...

Wolf

You do have elements of truth in tyour post.

Gregg said...

Dang Wolf! Why did you expose our dastardly plan?