What Does Goldman Sachs Do ?

Seriously. Product? Service? What, from Goldman Sachs, reaches every day schmoes like you and me? I'd feel better about our government giving corporations like Goldman Sachs money if, and only if, they could answer those questions. Could someone explain what they do and why they seem to make so much money? Or is it just another pyramid scheme. I'll call it. The emperor has no clothes.

Part 6: Cheney, Soul Reaper

* the D.E.V.I.L. Corporation stands for Data Enhanced Visually Integrated Logistics. 
and CSO's are Collateralized Soul Obligations which should not be confused with Collateralized Debt Obligations, some of which were composed of bad mortgages and helped lead to our economic meltdown. Click here for more on that.

Xmas Wish List, Part 5

Part 5: Cheney, Soul Reaper

Ex-VP Dick Cheney visits a credit rating agency...

( * CSO's or Consolidated Soul Obligations are not to be confused with CDO's.)
If you need a reminder of what happened when CDO's were rated and traded with reckless abandon click here.
Click here for part 6 of Soul Reaper.

"You're A Great Crowd!..."

"...I'll Be Here Until You Vote Me Out!" -

fake quote from Governor / comedian Rick Perry

In case you didn't hear, Gov. Perry made a joke about the recession.

Apparently, according to Gov. Perry it's OK to joke about the worst economic downturn since the Great Depression. The recession is no laughing matter to Texans and Americans suffering the affects of the the economic downturn. People have lost their jobs. Companies have gone out business. And, yes, that is happening in Texas too. Perry again demonstrated his remarkable ability to discount, marginalize and make jokes at the expense ordinary people and voters.

Side Note / Question: Are we looking at a "the lesser of two evils" decision for governor in Texas between Perry and Sen. Hutchison? And is Sen. Hutchison really the lesser? At least she's against toll roads everywhere, all the time. That's about all I know regarding the differences between the two, otherwise I need to educate myself on where Hutchison stands on different issues.

And I am just now educating myself on the Democrats running for the nomination. Any insight into the Dem candidates would be appreciated. Is there already a "front runner"? Are they going to be another sacrificial lamb put up for the slaughter?