• This is a political forum that is non-biased/non-partisan and treats every persons position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Goldman Sachs Pricing rigging scheme and why we need regulations with Teeth

Diving Mullah

DP Veteran
Joined
Jun 9, 2011
Messages
2,108
Reaction score
863
Location
Planet Earth
Gender
Undisclosed
Political Leaning
Very Conservative
So in the news there was the Story about how Goldman Sachs has been manipulating the aluminum market by storing large quantities of this metal in warehouses to create pseudo shortage and drive the prices up.

You might say...Tough titties Mullah...that is capitalism for you...

however actually there suppose to be Rules in place for to prevent such things...The rule stipulates that such commodities can not be held in one place for more than 30 days and must be moved out. So Goldman Sachs is moving these truck load of metal from one warehouse to another to follow the letter of the law.

In related News...Makers of Monopoly game have opted to remove the go to Jail from the game. Which is Ironic, the game that meant to teach young children about capitalism and consequences of choices is now actually mimicking the reality and as long as you are rich and powerful you can circumvent the laws or bend them to suit your needs.

Funny how in a different thread there was a rant about how Liberals and liberal values are corrupting and indoctrinating children.

Nothing Like facts to shut down the baseless propaganda made by the right and republicans...Aye?

Diving Mullah
 

Fenton

DP Veteran
Joined
Nov 17, 2012
Messages
29,771
Reaction score
12,231
Gender
Male
Political Leaning
Conservative
So in the news there was the Story abou
t how Goldman Sachs has been manipulating the aluminum market by storing large quantities of this metal in warehouses to create pseudo shortage and drive the prices up.

You might say...Tough titties Mullah...that is capitalism for you...

however actually there suppose to be Rules in place for to prevent such things...The rule stipulates that such commodities can not be held in one place for more than 30 days and must be moved out. So Goldman Sachs is moving these truck load of metal from one warehouse to another to follow the letter of the law.

In related News...Makers of Monopoly game have opted to remove the go to Jail from the game. Which is Ironic, the game that meant to teach young children about capitalism and consequences of choices is now actually mimicking the reality and as long as you are rich and powerful you can circumvent the laws or bend them to suit your needs.

Funny how in a different thread there was a rant about how Liberals and liberal values are corrupting and indoctrinating children.

Nothing Like facts to shut down the baseless propaganda made by the right and republicans...Aye?

Diving Mullah
LOL !!!

What does Goldman Sachs have to do with Liberals poisoning the minds of their Children...or other peoples children ?

And where's your outrage over the Corrupt Democrats at Fannie and Freddie sticking the American Treasury with 5 TRILLION in crap securities or mortgages ?

Your'e being a bit selective dont you think ?
 
Top Bottom