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Monday, July 23, 2012

Christopher Whalen: ''Paul Krugman and the New Austerity: Get Used to It''

From ZeroHedge

''The reason political creatures like Rubin and his colleagues at Goldman Sachs care about exercising control over the White House is that politics has always been the mother’s milk of the Boys of Broad Street.  Start to reduce the size and scope of government, both at the state and federal level, and the Goldman banksters will have to find a new game to play.  End the ability of all the TBTF banks to obtain bailouts in Washington and second-rate investment banking firms like Goldman Sachs may cease to exist altogether.''

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