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Obama Democratic Party
Maureen Said:
Why do some people feel if Obama and the democratic party as a whole wins ?We Answered:
Your right the Fed, SEC and Treasury are all appointed by Bush. People have warned for years this was going to happen so anyone who thinks these ex Gold-man-Sacks officials didn't know are ignorant at best.Despite the 2007 subprime mortgage crisis, Goldman was able to profit from the collapse in subprime mortgage bonds in the summer of 2007 by selling subprime mortgage-backed securities short. Two Goldman traders, Michael Swenson and Josh Birnbaum, are credited with bearing responsibility for the firm's large profits during America's sub-prime mortgage crisis.[40] The pair, who are part of Goldman's structured products group in New York, made a profit of $4bn by "betting" on a collapse in the sub-prime market, and shorting mortgage-related securities. By summer of 2007, they persuaded colleagues to see their point of view and talked around skeptical risk management executives [41]. The firm initially avoided large subprime writedowns, and achieved a net profit due to significant losses on non-prime securitized loans being offset by gains on short mortgage positions.[42]
Goldman Sachs' newest acquisitions are to include the subprime portfolio of imploded mortgage company Popular Financial Holdings late in the third quarter of 2008. [43]
Detractors believe that Goldman wasn't quite as careful with its clients' money as it was with its own—its flagship Global Alpha hedge fund tumbled 37% in the global credit crunch.[41] As most individual investments of hedge funds are not made public, however, no one can know exactly what assets the firm traded during the period leading up to the credit crisis
Reginald Said:
Is Obama and Democratic party going to endorse Specter in Pennsylvania over a liberal Democrat ?We Answered:
Last week the president did two fund raisers for Senator Specter.Charles Said:
Why is Oprah destroying the Democratic Party with Obama?We Answered:
i think oprah wants to hit his pole.George Said:
Why does Hollywood still support the Democratic party and Obama?We Answered:
Because they have to.They ran all over the country campaigning for him.That would just make them look bad.Besides the can fly to another country to get their cosmetic surgery and take their doctors with them.Mildred Said:
time for obama and clinton to unite for the democratic party?We Answered:
Hell no! I considered Hillary as VP earlier today. But after he speech today, no way in hell! He can NOT choose her. She still acts as if she in entitled. She was very arrogant. No way. She does not even respect Obama. Please say NO to Hillary as a VP.Joann Said:
How high will the Obama-Democratic Party unemployment rate go?We Answered:
The only jobs are going to be working for the government.