Isn’t it nice to know that Welfare Weasel Goldman Sachs appreciates the government bailout that it received (your tax dollars) so much that it has apparently hired a Wall Street law firm to crush a blogger who happens to be critical of its misconduct?
Your tax dollars are being used for this nonsense in addition to those executive perqs?
It will be interesting to see what happens. Goldman Sachs probably figured its deep pockets, combined with a big law firm, would scare the blogger into silence. To do this, Goldman Sachs asserts the blogger has infringed on its trademark and engaged in unfair competition. Anyone who views Morgan’s site (including the prominent disclaimer) will not mistake it in any way for a Goldman Sachs’ venture or competitor but recognize it for what it is – a place to vent about the bad practices that Goldman Sachs has engaged in.
Goodbye free speech? If we can interpret the U.S. Constitution to authorize the President to give your tax dollars to the incompetent, the next logical step would be to start eliminating those pesky parts of the Bill of Rights that allow criticism of those second-handers who feed off the government.
Speaking of which, let’s highlight some of the Goldman Sachs incest that enabled it and its corporate cronies to take your tax money to spend as they see fit.
- President Bush’s last U.S. Treasury Secretary? Henry Merritt “Hank” Paulson Jr., former Chairman and CEO of Goldman Sachs.
- John Stevens Corzine – Governor of New Jersey, former U.S. Senator, and yes, former Chairman and co-CEO of Goldman Sachs.
- Robert Rubin – Before becoming President Clinton’s U.S. Treasury Secretary, Rubin was, you guessed it, the CEO of Goldman Sachs.
These are just a few examples. Government “service” has served Goldman Sachs and it cronies well. If you look to who has benefited from crisis bailouts, ranging from Mexico in the 1990s to the current TARP fiasco, you’ll find that Goldman Sachs and the other corporate welfare weasels it deals with (AIG, Citigroup, etc.) have done extremely well getting your money from Uncle Sam without any strings attached.
In short, Goldman Sachs deserves contempt for its attempt to suppress blogger free speech.
As for taking your money (using the government as tax collector), you can decide what should be a fitting punishment.