Sen. Levin Drops S-Bomb 11 Times During Goldman Sachs Show Trial
Posted by Jim Hoft on Tuesday, April 27, 2010, 11:57 AM
Sen. Carl Levin (D-MI) dropped the s-bomb 11 times this morning during the Goldman Sachs show trial in the Senate Government Affairs Subcommittee Hearing.
Via BreitbartTV:
Goldman Sachs and its employees and family members gave $5.9 million to candidates in the 2007-2008 election cycle. Three-quarters of that went to Democrats.
Barack Obama met with Goldman Sachs brass 4 times at the White House.
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Busted!… Obama Headlined a DEMOCRAT SOCIALISTS OF AMERICA Event in 1996 **FLIER**
Published May 24, 2012 at 8:46 pm - 86 Comments
Kevin P commented:
It took me awhile – but I figured it out. I wondered why Big Business was supporting the libs. Big business actually LOVES Big Government.
Big Government hassles all the little competitors out of business or outright shuts them down.
Big Government will then step in to hand out billions to you when you fail.
Corruption loves company.
listingstarboard commented:
What were the “S” bombs, SOROS and SACHS? Also did anyone ask if Obama was giVing back the Nearly Million dollar donation from Goldman/Soros/Sachs?
Kevin P commented:
I guess the administration is leaving that taste in everyone’s mouth…
Auntie Em commented:
Shouldn’t a judge be handling this?? Since when did Congress become the mini-Supreme Court.
This bothers me on several levels. I don’t like it when people start throwing stones in glass houses.
Levin acts so hardcore behind that name plate. What a joke.
Mrs. X commented:
Just about the only thing I would trust that this man says is “s#it”.
Auntie Em commented:
Levin….yoo…whoo…
I’d like to grill you about PhRMA…
http://emptywheel.firedoglake.com/2009/12/16/carl-levin-takes-ownership-of-corrupt-deal-with-phrma/
Bob commented:
I would have ask Carl how it feels to give the American people a sh***y deal called Obamacare
down with dems commented:
Classy… way to show off that vocabulary, guy.
HandyBill commented:
The voters in Levin’s district also got a sh**ty deal.
Dougf commented:
So the opportunity to mock and attack Democrats notwithstanding, does anyone really not believe that you, me , and everyone else(not Goldman Sachs) would be better off if this collection of banksters was completely and utterly destroyed and all their collected ‘loot’ re-captured ?
I don’t have a problem with Levin using the ‘s’ word. He has always been a bit of a boor and a boob. I just wish the nasty verbiage was
followed by even nastier actions against GS and its acolytes. IMAO, GS is the real world equivalent of Wolfram & Hart. It should go.
down with dems commented:
Off topic, but this just makes me so mad:
Main yahoo homepage news story
Obama urges bipartisan effort on soaring deficits
http://news.yahoo.com/s/ap/20100427/ap_on_bi_ge/us_deficit_commission
The audacity of the hypocrisy is unprecedented. Obama’s agenda created huge deficits, and his agenda was pushed through along party lines by Democrats going it alone… and he then turns around and uses it as another crisis that can’t go to waste, urging a bipartisan effort to deal with soaring deficits. The thing is, his “bipartisan” solution will be for Republicans to get in line and approve the tax increases the Democrats want to pay for all their sh!t (in keeping with the theme of the original post).
The man is a monster, and completely and utterly predictable.
cvxxcvh commented:
isnt that against he rules of the senate?
Why dont they censure him?
bg commented:
++
AFP: Consumer Financial Protection Agency Exposed!
[Bank stocks went up after Obama’s so-called financial reform speech. That’s probably because his bill institutionalizes ‘too big to fail.’ It doesn’t break up the banks and it assures them access to Federal Reserve loans as needed. It makes bailouts permanent.
The Goldman Sachs scandal exposes a deep flaw in the bill that we believe can generate enough public outrage to stop this bill – if we can educate people quickly.]
Congress should be on trial, gah!!
==
unbelievable! commented:
He’s just mad his entire state has turned into a ghetto under his watch.
MissTammy commented:
Well, let’s not forget that our VP has set a big f’n precedent for this kind of language in a public forum.
bg commented:
++
pardon my dumb question..
ok, those people just work for GS,
who literally owns the company??
==
Peggy commented:
The context is clear: GS is the latest scapegoat. How far will the Dems take it with their recent benefactor? Will GS and other corporations use their newly confirmed right to political speech this fall against the statists?
Kathy from Kansas commented:
Kevin P. @ #2:
Big business actually LOVES Big Government.
Big Government hassles all the little competitors out of business or outright shuts them down.
Big Government will then step in to hand out billions to you when you fail.
BINGO. You got it, Kevin.
Those of us in agriculture/food production have known this for years. Take an example: beef production.
Beef slaughtered at a small, local, family-owned (i.e., accountable to the local community) locker plant has not caused a single case of food poisoning that I’ve ever heard of. The plant may slaughter fifteen to twenty head of cattle each week. A state-licensed inspector observes the whole slaughter process for each animal, a 20- to 30-minute procedure. In that time, the inspector gets a really good luck at the outsides and insides of that animal.
In contrast, at the humongous packing plants run by Cargill, ConAgra and IBP, situated right next to feedlots run by Cargill, ConAgra and IBP (how ya like that diversity?), the inspectors have approximately ten seconds to inspect each carcass. Do you really suppose all the sick ones get flagged? (We’re not even going to mention the pressure put on these inspectors by the companies, which can get almost as heavy-handed as Rahm Emanuel.)
When beef is ground for hamburger, it goes into humongous vats where beef from 100 different cows may all be mixed up together. If any one of them is sick, the whole 10,000-lb. batch is contaminated. Plus the corn that is force-fed to the cows out in the feedlot alters their digestive system so that they’re more likely to harbor the bad strain of E. coli bacteria in the first place.
Predictably, this rushed, industrialized food production results in E. coli (or salmonella, clostridium, campylobacter, listeria, etc.) contamination. If enough people get sick enough that USDA issues some huge million-pound meat recall, there’s hell to pay, and the government then issues stringent new regulations that affect all processors, including the small operators, who are not the ones who caused the problem.
But a humongous operator such as ConAgra or IBP can absorb the costs of the new, more stringent regulations much more easily than can the small operators. So eventually, the small operators just can’t compete, and can’t make enough money to stay in business. Then the Big Guys are the only game left in town. Which is darkly ironic, since their large-scale, careless practices are what caused the problem in the first place.
Big-Government advocates may make a lot of noise about how they hate Big Business–but the Big-Government people are the very ones who insist on all the regulations that kill smaller businesses.
In reality, it works out exactly as the statists want, because it’s SO much easier to CONTROL 3 or 4 big companies than it is hundreds or thousands of little ones. Besides, the Big Guys are the ones who fund the lefties’ political campaigns!
The Goldman-Sachs thing is nothing but a show trial–reminiscent of Stalin’s regime.
I feel ill–and it ain’t food poisoning.
JimMD commented:
Nothing short of a sloppy, uncouth(sp?) slob. What an embarrassment to the US Senate and the State of Michigan.
Robert commented:
What is really sh**ty is the federal politicians
thinking they are the solution to every problem
we face, and ignoring their Constitutional restraints.
They ARE the problem.
bg commented:
++
just a reminder..
==
P. Aaron commented:
If Goldman-Sachs was surfing the net for PORN like the SEC Investigators did while the market collapsed, maybe this ‘Levin’ guy would have a case to make.
Opaobie commented:
The Goldman Sachs guys need to start producing all the emails and under the table correspondence, photos of Senators with Sheep, you name it, and turn the tables on them. Pull up the “sweetheart deals”, list all the political contributions, show photos of the “parties” they all attended, tie it all together with legislation passed or blocked by the Dems …time for a little “discovery” and “transparency”.
Kevin P commented:
Kathy from Kansas – #19 – You are (in the honor of The One) 3,000% correct! I know – I raise a few cattle for local families – no hormones – grass fed. Enough to stay under the radar for now – but Big FOOD is trying to push through all the paperwork to hurt the small guys – along the RFID chipping all head.
Big Govt. HATES independence! George Washington knew this – and so did everyone until Big Govt. got control of the schools.
steve commented:
Pretty salty language, but I guess it’s warranted if the Honorable Senator Levin is referring to the recently passed health care legislation.
Jo commented:
Soros, and Warren Buffit ( he owns 50% of the Goldman Sacks stocks), will they see exemptions from these new laws. Will the M’O'nster grant them? Perhaps!
Valerie commented:
OK, Breitbart has it that the Repubs are circulating an alternate plan for financial regulation.
http://www.breitbart.com/article.php?id=D9FBKJ902&show_article=1
Anybody got a link for it?
Does it make sense? Is it better? If I knew what it is, I might write my Senators about it.
The Independent Rage commented:
He was quoting the S-bomb from an actual Goldman Sachs e-mail; however, using that same quote over and over again was certainly silly, mindless and purely political. I even heard where Claire McCaskill got in on the act and used the S-bomb quote at least once today.
ahem commented:
It’s his imitation of being butch.
reliapundit commented:
Jim;
it’s pretty clear that Levin and the socialists don’t understand that a free market is a profit & LOSS systems and that all buyers must do their own due diligence; hence: BUYER BEWARE.
As Sparks tried to tell the socialist from MICHIGAN – (a failed state, BTW!) – the market sets the price; sometimes it’s a buyer’s market and sometimes it’s a seller’s market – and prices move up and down. This happens in the stock markets everyday: one person is happy to unload a stock he thinks is a stinker – or “SH***Y” – and the buyer thinks he has a GRRRRRRREAT! deal.
It seems to me that Levin and his comrades think companies must always sell things that work out well for the buyer.
They seem to think this is how markets work – IT’S INSANE, but it also explains what they did to the real estate market: people VOLUNTARILY took subprime and alt-a loans and bought houses they felt would ONLY go up in value; then prices collapsed and they walked away from their mortgages – and socialists like Levin think the TAXPAYER should wither make the banks whole or help the home-owner pay for his home.
WE ON THE RIGHT THINK THAT IN A FREE MARKET THERE ARE WINNERS AND LOSERS AND THE TAXPAYERS AND THE GOVERNMENT SHOULD NOT GET INVOLVED IN HELPING LOSERS OR PUNISHING WINNERS.
goldman sachs isn’t the problem: a congress dominated by dems and lib and leftists is.
Sojourner commented:
but wait… I thought it was Public Humiliation Day for the fat cats:
Goldman Stock Up As Market Realizes Senators Are Just Full Of Hot Air
Read more: http://www.businessinsider.com/goldman-stock-soars-as-market-realizes-senators-are-just-full-of-hot-air-2010-4#ixzz0mLcxxe7C
bg commented:
++
Valerie @ 3:16 pm #32
re: [Anybody got a link for it?]
found a draft summary so far..
==
Scott Wiggins commented:
It’s all a sham…Dems trying to act tough on Wallstreet while they take their money and join Wallstreet execs on the cocktail circuit…
Sojourner commented:
bg… this, from 7-23-09 is what I’ve found, related to draft so far:
Republicans Introduce Comprehensive Financial Regulatory Reform:
http://republicans.financialservices.house.gov/index.php?option=com_content&task=view&id=692
bg commented:
++
Scott Wiggins @ 6:23 pm #39
re: [It’s all a sham.]
so is Obama’s war against terrorism..
re: [on the cocktail circuit…]
["While brave young Virginia men and women are risking their lives to fight terrorists in Iraq and Afghanistan, Connolly, Moran and Kaine are yucking
it up with them and slapping each other on the back over at the Marriott,"
He noted that the three politicians' campaign war chests are
heavily funded by radical Islamists who support the mosque.
"Look at their Federal Election Commission reports," Lafferty said. "These spineless politicians are owned and operated by the radical Islamists and their sinister front groups."]
==
Sandy commented:
After governing against the will of the people the Dems are trying to impress people by pretending they’re for the little guy. Too late–been there, done that. Remember when the Dems in Congress were outraged at Toyota — after they fined Toyota not another word was said. Same with Goldman Sachs. Gotta beat em up and impress the people–then they pay to stop the blood letting and go back to making big bucks. They’re not called Government Sachs for nothing.
Sandy commented:
Get this from The Hill –
Blankfein, head of Goldman Sachs supports financial reform legislation
By Vicki Needham – 04/27/10 06:45 PM ET
A financial regulatory reform bill has at least one supporter outside of Congressional Democrats, Lloyd Blankfein, the head of investment bank Goldman Sachs.
“I’m generally supportive,” Blankfein told the Senate Permanent Subcommittee on Investigations.
Wall Street will benefit from the bill because it will make the market safer, Blankfein said.
“The biggest beneficiary of reform is Wall Street itself,” he said. “The biggest risk is risk financial institutions have with each other.”
bg commented:
++
listingstarboard @ 11:38 am #3
re: [SOROS]
via link @ bg #14
[The Securities and Exchange Commission is investigating whether Goldman acted improperly, but there is no investigation into the left-wing Center for Responsible Lending, which facilitated both the creation of the subprime bubble and its collapse, while CRL’s major donors (John Paulson, Herb and Marion Sandler, and George Soros) made a fortune.]
re: [Nearly Million dollar donation]
via link @ bg #22
==
Kathy from Kansas commented:
Kevin P. at #26
Hail, fellow, well met! That’s what I do, too! “a few cattle for local families”…. Our processing charges have DOUBLED since we started doing this about 18 years ago. That darn mandated microbial testing–which is probably a great idea for the mega-plants–is killing the little local locker plants. We’ve lost a LOT of locker plants in Kansas this last decade. The few that are left cannot keep up with demand. I’m afraid our own local guy is gonna just burn out, because he’s so swamped all the time–and if he quits, THEN what’ll we do?
What part of the country are YOU in, and what’s the situation like THERE?
Georg Felis commented:
True Class. Well, he’s missing a “C” and an “L” from class, but its about as close as he can get.
MJ commented:
Kathy and Kevin, I agree with what you are saying. I grew up on a farm in Michigan, and most of the small dairy and beef farms are gone. The only ones remaining are Amish, Mennonite and foreigners who have come over to operate abandoned farms to get their citizenships. Levin needs to go, I never have voted for him, but we have a large democratic base in around Detroit. Michigan is an example of how America will look like after the democrats and unions in power have their way with our constitution. Sorry, I have nothing good to say about Mr. Levin and the sad state of Michigan and what is around the corner for us all. I guess the only thing you can do is educate the masses. I will not purchase hamburger from the stores, I get my meat from the local farmer that sells his own meat. You should look into doing just that, most people are very concerned about buying meat in the big stores from the big processors. There are local farmers who do sell their own meat and they do very well selling good quality beef and we never have to worry about it. And it actually tastes good.