Tuesday, December 1, 2009

A Tale of Two Headlines

Arming Goldman With Pistols Against Public: Alice Schroeder

Dec. 1 (Bloomberg) -- “I just wrote my first reference for a gun permit,” said a friend, who told me of swearing to the good character of a Goldman Sachs Group Inc. banker who applied to the local police for a permit to buy a pistol. The banker had told this friend of mine that senior Goldman people have loaded up on firearms and are now equipped to defend themselves if there is a populist uprising against the bank.


Obama Administration To Shame Lenders That Don't Offer To Modify Mortgages

The U.S. government will start to publicly identify those companies that are failing to give troubled homeowners permanent loan modifications, and hound them daily to monitor their progress, the Treasury Department declared.


That's some startling contrast to be behold there: Bankers arming themselves against a feared mass uprising in which their heads will end up on pikes and brain-dead Obama's apparently clueless notion that corporate entities are capable of feeling shame for raking in the loot he has actually handed them via bailouts and the continuing unaccounted for help from the Fed.

Shame? They are giving themselves bonuses on the taxpayer's dime, for fuck's sake!

Another Epic Obama Fail!