Tuesday, January 31, 2012

Gingrich Takes On Goldman Sachs.... Badly

You know, for a guy who is supposed to be smart....1
Goldman Sachs is a company that has taken billions from the American taxpayer and they had a handpicked candidate in 2008 named Barack Obama. They have a handpicked candidate this year, named Mitt Romney.
This should give you considerable pause... about Goldman Sachs. Because last time I checked, Mitt Romney ran for the Republican nomination back in 2008. Why Does Gingrich imagine that Goldman Sachs would have been repulsed by Romney four years ago, but be eager to have him replace the candidate they hand-selected a mere four years ago?

Like any multi-billion dollar corporation, Goldman Sachs is going to use its money both to help advance political candidates that will support its agenda and to try to put that candidate in golden handcuffs - "You don't want to turn the financial industry against you, because then you won't get the benefit of our wealth in the next election." But they aren't pulling candidates out of obscurity. They're picking the candidates from both sides that they believe are likely to win and are trying to influence the policies of those candidates. If they were capable of "hand picking" a candidate, the present Republican campaign would already be over. Heck, if anybody had that type of control, could Gingrich really believe it would be he and Santorum who would remain the biggest obstacles to Romney's nomination?

To the extent that Gingrich is correct, that Goldman Sachs and the financial industry want Romney and reject Gingrich, given Gingrich's own history of selling out to anybody who will pay him money, the most likely explanation for this outburst is that he's jealous. Gingrich standing up to somebody with a checkbook? Has it ever happened?
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1. In fairness, he's lying. But we remain in an odd era in which it's more polite to treat a candidate as being sincere but stupid, as opposed to pointing out that he's a liar.

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