Buzzards of a feather flock together

Normally I'm one who loathes government regulation. But the recent news about both Goldman-Sachs and GM can bring one's blood to boil of the outright chicanery a fraud being perpetrated these days.

First there's Goldman-Sachs. A couple of real financial "Scuz-Balls" (Which is a term used by pundits yesterday on Meet the Press) names Fabrice Tourre aka "Fabulous Fab" and hedge fund gangster John Paulson decided to place a bet a couple of years ago that the housing bubble would burst. Essentially they would make money if the market went down, which they did. Paulson walked away with a a Billion Dollars.

Sadly, that Billion came from folks who bet the housing market would continue to grow. Tourre said it would.

There's something just wrong about that sort of thing. It's immoral and un-ethical and it's business as usual for Goldman-Sachs.

Then comes GM. Have you seen the ad where their CO struts down the line bragging about GM paid their loans back to the Federal Gov't aka You and Me "Five years in advance with interest?"

Wow, how cool. What he didn't say is GM took the money from another pool of money we "lent" GM to pay off the other loans. Robbing Peter to pay Peter.

Here's the true disgrace. The same politicos calling for reform took money from Goldman Sachs for their campaigns. Harry Reid and John McCain to name just a few.

The fox is guarding the hen house and the fox is on the Goldman-Sachs payroll.

I normally don't espouse the death penalty but I think we could take a page from the Chinese legal system. The shenanigans being perpetrated by the likes of Goldman-Sachs just aren't accepted. So after a fair trail in a Chinese court, these folks are taken out back and shot. And the government bills the families for the bullets.

Just the thing to catch the attention of the Wall Street Robber Barons.

This of course won't happen. So the executives at Goldman live the high life and we pay for it.

Tea anyone?