Illustration by S. Kambayashi

By Peter Brimelow

I’m amazed: Grousing about Goldman Sachs, and fury at the financial sector, is actually reaching the point where something might happen — maybe even answers to questions we’ve been asking for a while.

As Jim Bianco of Bianco Research just noted in his News Clips/Daily Commentary service: “The amount of bad news that Goldman Sachs Group is generating with its record earnings is incredible. We cannot remember a company that has received so much scorn for making money.”

Bianco linked to critical stories in the Economist and the New York Times and a scathing op-ed column “The Joy of Sachs” by Paul Krugman .

Continue Reading Is Grousing About Goldman Reaching Critical Mass?

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6 Comments

  1. I don’t maybe the Hegelian dialect is just a nifty way to describe lying. Selling evil for good and keeping people in the dark. Then when things go wrong lie about what caused it so they can do it again. If what they were doing was great it wouldn’t need to be secret and deceptive.

  2. Interestingly, CHRIST did teach a way “out of the box” — He called it the ” narrow path ” — as you travel it, not only is it a way out of the box, — but almost anything becomes possible, if you have the ” faith of a mustard seed ” It has to do with His Kingdom, not yours, or some wanabe dictators. CHRIST founded a Church, but almost all of His teaching was about His Kingdom in the here and now, not in some ” future ” — But all of this depends on ones ability to understand that we are first and foremost spiritual beings on a short visit here in human form and not many churches understand that — or teach it — the narrow path essentialy leads you to ” letting go ” of everything, sorting out the ” trash from the treasure” and regaining all and enjoying it in total freedom and happiness — But CHRIST warned that very few would choose this wonderful path — why? because they would fear of loosing ” too much ” — but that happens when you focus on the material world, instead of your own spiritual one

  3. It’s great to see Paulson like a beached flounder and Bernanke starting to shake. But the situation still fits nicely in the hegelian box. What’s done, can’t be undone which could likely lead to the next gray area..A new start with an international entity, world currency and all that. All that with U.S. the greatest debtor the world has ever seen.

    When philosophy paints its gray on gray, then has a form of life grown old, and with gray on gray it cannot be rejuvenated, but only known; the Owl of Minerva first takes flight with twilight closing in.”

    -G. W. F. Hegel, “Preface,” Philosophy of Right

    The Hegelian dialectic is the framework for guiding our thoughts and actions into conflicts that lead us to a predetermined solution. If we do not understand how the Hegelian dialectic shapes our perceptions of the world, then we do not know how we are helping to implement the vision. When we remain locked into dialectical thinking, we cannot see out of the box

  4. I believe AIG has beefed up their security since the company was receiving so many death threats when they got their tons of bailout money. I wouldn’t be surprised if Goldman is ratcheting up their security or that some of the “higher ups” might have hired personal bodyguards.

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