iroon.com: Quotes: The only people he (Trump) hasn't hired from Goldman Sachs are Goldman and Sachs.

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kamalFM | Follow Category: None May 05, 2017 - 23:24 PDT | Last Edited: May 05, 2017 - 23:24 PDT 11 942

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Quote from Bill Maher:

The only people he (Trump) hasn't hired from Goldman Sachs are Goldman and Sachs.

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Faramarz | Follow | 6 years ago

Yes indeed; Marcus Goldman and his son-in-law Samuel Sachs, just like Trump and his son-in-law Mojtaba Kushner.

And this is the firm that was rescued by the US Government back in 2009 after almost going bankrupt over sub-prime mortgage meltdown.

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Doctor41 | Follow | 6 years ago

and the whinning continues:)))

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GR | Follow | 6 years ago

Once a young American asked what I thought of Bill Maher. I replied, "He's a comedian!"

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GR | Follow | 6 years ago

The greatest transfer of wealth in history

January 11, 2016 · by Michael Gray

"When people use the term Great Recession they are playing into the charade laid out by Federal Reserve and the Treasury Department.

The years 2008 through 2015 should be known as the Great Fleecing. During that time period the greatest transfer of wealth in the history of the world occurred. Some $4.5 trillion was given to Wall Street banks with the American people picking up the IOU and getting little more than working ATMs for the misery.

See newest post to see the numbers behind this heist.

And if you take the Wall Street banks modus operandi of leveraging all money on hand, then the largess from the Fed is conservatively $45 trillion.

This is the primary reason the US economy has not been able to recover from the bank implosion of 2008. However the Fed — through Ben Bernanke and Janet Yellen — cannot point to this as the reason for the Great Malaise.

Surely if you inject $4 trillion, even into the US economy, you will get economic growth. You will get an economy that has 4%-5% GDP for a year or two, not one quarter of one year.

Remember, the Obama Administration is the first two-term presidency that has not posted a 3% GDP growth on an annualized basis for 8 years. Even Franklin Delano Roosevelt posted 3% growth year during the Great Depression.

In order to grease the wheels for the wealth transfer, wages and jobs needed to be curtailed, because the Fed could not allow the banks’ largess to be sterilized — circulated into the public — for fear of rampant inflation. The fear that the Fed had been that it had to keep rates at zero for the banks to make the largest Vig on that money, in order to bolster balance sheets as quickly as possible so the banks could survive.

If my cost of capital is zero, then whatever return I make in the market from buying Treasury bonds and reselling those notes to the Fed is pure profit. This is how the Fed attempted to heal the damaged balance sheets of the bulge bracket banks after Lehman Bros. demise.

The banks also funded company mergers, company debt offerings and stock buybacks. This activity kept the money sequestered somewhat and allowed a greater return for the banks. The secondary concern of creating an asset bubble in the market was seen as cost of doing business, which would generally benefit the upper classes more than any other segment of the economy.

These actions — to the greatest extent — are the reasons the American middle class has been decimated and no longer makes up the majority of the population.

Their lifeblood has been sucked out by the wholesale export of once good paying jobs, however they are still on the hook for higher taxes on what meager home they still own as well as the growing US debt to fund the banks.

Is it any wonder that in all of the 3,007 US counties, parishes and territories just over 50% of the population in each county is on government assistance of some sort.

This wealth transfer has taken the US down the road of socialism, where hardship grows and quality of life suffers."

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GR | Follow | 6 years ago

Broken promise? Obama’s America better for Wall Street than Main Street, stats show

Main Street left in shambles as Wall Street Surges

By Jeffrey Scott Shapiro The Washington Times - Sunday, January 4, 2015

"As Barack Obama enters the twilight of his presidency, he presides over an America vastly different from the one he envisioned building during his 2008 campaign that promised to empower everyday Americans on Main Street over wealthy bankers and investors on Wall Street.

A stream of statistics published over the holidays ― while Mr. Obama vacationed in Hawaii ― paints a clear picture of the gap that has emerged between the audacious promise of his first campaign and the economy’s performance since.

Six years into his agenda, Wall Street is roaring higher than ever, with the Dow topping out over 18,000 for the first time recently and the top 10 percent of wealthy Americans amassing wealth at a double-digit pace.

But on Main Street large numbers of Americans have dropped from the job market, middle-class wages are stagnant, and even larger numbers of Americans are now dependent on some form of government subsidy for disability, jobless benefits or food stamps.

Even data from the president’s signature legislative accomplishment provides warning signs about the health of Main Street: More than four out of five Americans who got new health insurance under Obamacare did so with a government subsidy."

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Faramarz | Follow | 6 years ago

France 24 just announced that Macron won the French election by 65.1% of the votes.

Another defeat by Trump and Trumpism.

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Doctor41 | Follow | 6 years ago

Taking the show on the road...Keep hopping boys.

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Ex_CoP | Follow | 6 years ago

Mojtaba Kushner........I love it!

Do they have national healthcare is jaapoon?

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Faramarz | Follow | 6 years ago

Not only they have national healthcare in Japon, they get subsidies for everything from rent to train tickets.

What amuses me the most is that our compatriots in Iran/Japon/Europe/Canada all receive generous “Yaaraaneh” from their host governments but they are all writing prescriptions for us in the great US of A on how to run our affairs.

Please, please, please, mind your own business and let us solve our own problems here. Thank you.

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Doctor41 | Follow | 6 years ago

You don't seem to be getting any love here from some "so-called" iranian -americans over on this site who think they own Amereeekaaa.

But i really think it shows their utter weakness and how shallow they are to make all kinds of ridiculous presumptions about other people.

Oh and by the way, I know you are a hard -worker and got a great life ,but Since i live in all three countries(canada, iran and Japan) ...and i just landed in Japan adnd i am a lazy bum by nature...could you please give me all the info i need to be a "moftkhor"in japan.... just like some Eroonees in Uuu esss Aaa are? I Hear the Japanese gubiment pays for just about everything...is that right?

Then MAybe I can compare notes with these "Iroonicans" so they can teach me a thing or two about how they take care of their problems while ripping the US government off and milk every single penny they can out of it, for them and their beloved "Aquaintances"...

An old and cherished iranian-american tradition.

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Doctor41 | Follow | 6 years ago

The "yaraneh" received by someone in iran , according to the latest reports are being directly deposited into the bank accounts of "eraaneean--amereekan" so they can buy toiletpapers from BigLot, since they can not afford to go to a real supermarket.

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kamalFM | 5 years ago 2 946

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Quote from Bill Maher:

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kamalFM 's Recent Quotes

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