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Goldman Sachs: Benefits of 'Blue Wave' and $2.5 Trillion Stimulus Outweigh Wall Street Concerns Over Tax Hike on the Rich

Originally published at http://www.commondreams.org/news/2020/10/19/goldman-sachs-benefits-blue-wave-and-25-trillion-stimulus-outweigh-wall-street

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Wall Street has chosen Biden.
Can we get back to things that matter now?
Thank you, Come again.

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On this good news, maybe I should sell my casa in Costa Rica ? I don’t know -still feeling the ‘one foot out the door’ thingy -

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After filling its sails in “the gales of creative destruction”, Wall Street, as in 2008, seeks safe harbor in a corporate Democrat to keep from capsizing the whole rotten vessel

For now.

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Please keep Krugman and Rahm Emanuel out of the executive branch in DC.
The fewer clinton, obama, cuomo folks, the better.
Let’s bring in the next generation to begin the hard work that rebuilds american
society.
If you are age 54 or more - move your 401k investments to conservative this week.
Not sure that Biden win will boost wall street. WS has massive debt brought on by
companies selling bonds paying low interest. They then bought back common shares
that kept the market value up and some went to pay larger dividend than earned by
profits.

It is a huge shock to see Wall Street backing Biden. I’m shocked. Shocked.

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Do you not see or not care about the hypocrisy of your post?
I mean. Wow.
Did you get your jungle river steak delivery today?
Anyways, cheers.
I will take solace in the idea of you paying taxes on your capital gains, oh, nope, you’re probably an offshore LLC tax haven non profit entity with no income.

The sooner! The better!
(A tad snarky there. You should have seen what I deleted.)

I may not write very well, but there are two messages. One, Do not expect Rahm, Krugman and the democratic retreads to suddenly become altruistic and on your side. I strongly urge that Biden brings in the new younger generation for our executive branch - if he wins.

The second message is to be ultra careful with retirement savings. What the heck is wrong with that?

There are 40 trillion dollars floating around that is not on anyones balance sheet. I estimate 4 trillion is in Dubai, dropped off there by american military transport planes. You may remember the Panama Papers, Nevada, Delaware, Caribbean banks, London England, Switzerland

~https://www.icij.org/
International Consortium of Investigative Journalists
(It is a bookmark of mine.)
I check it, at least, once a week.

I am pretty sure your heart is in the right place and you have good intentions…

Peace. Sister / Brother.

A crisis is a terrible thing to divvie up with your pet jackals? Of media’s two SCARY plagues (COVID & Bernie’s agenda) once our betters established, the virus’ lucky preference for “essentials” (the new Black), they had only to convince our ofay Creative Class to work, shop, live virtually, to monetize 280K excess deaths for FIRE, PhARMA and private equity medical sectors? Now, their REAL feeding frenzy begins?

~https://www.nakedcapitalism.com/2020/10/paul-romer-comes-out-against-contact-tracing-in-the-united-states-which-biden-supports (will Rahm, Hills & Barack quote?)

~https://off-guardian.org/2019/02/26/the-magic-socialist/

~https://www.wsws.org/en/articles/2020/10/20/scho-o20.html (Harris could have truants’ folks fight fires?)

~https://louisproyect.org/2020/10/09/fascism-trumpism-and-the-left/#comment-417856 (whole thread is like this)

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it has become apparent to me that CD is completely down with the Democratic establishment and is no longer a website that holds progressive values … i’m outta here

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Another fine post. It will probably take me a few days to truly digest all of the content and grasp just a part of your intent. Stay classy.

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Come back in February and see if they have anyone’s feet on the fire, besides ours.

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Right before we got COVID, some CNN hack thought it was hilarious & astute, to compare the then leading Democratic presidential candidate to the COVID-19 plague (since, this would obviously alienate ~40% of loyal Democratic primary voters; who were being sent out to shuffle for hours in ice rain by DNC leadership, who’d closed all but one polling place in giant counties: Black, Latino, student & blue collar, where Sanders’ agenda were bringing-in MANY votes) even complicit liberal blogs, thought this was counterproductive?

~https://www.commondreams.org/views/2020/03/01/plutocracy-strikes-back-cnn-compares-bernie-sanders-coronavirus (funny, how perspectives change, over time?)

I’m guessing, they’ll do another piece about it? Maybe, soon?

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Yep.
The Main Stream Media Scramble.
Defeat Bernie 2020.
Screaming in unison all day about the horrors of socialism.
Both SIDES. Democrat and Republican. Left and Right.
They came together to defeat the true enemy.

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Well, I’m guessing some of us would say their right & RIGHT conspired to crush all us old-timey, J. K. Galbraith Democrat voters, who supported the platform that Bernie espoused? I was suggesting that Universal Healthcare, an equitable jobs program based upon serious mitigation of AGW, pollution, regenerative agriculture, resilient infrastructure, funded by PEACE & rectifying UPWARDS redistribution of OUR wealth, to (now, frequently multinational) oligarchs, NOW seems more pragmatic, practical and economical, vs the Shock Doctrine CHAOS of the last 9 months (40 years?) This is what lesser-of-two-evil protection scheme ratchets us into?

Republicans scare the 0.01% with us po’ folk. DNC, CAP, Atlantic Council, AIPAC… whomEVER, scare the 9.9% with Trump’s inbred, cranked-up wet-brained Sturmabteilung (or vica-versa? Not the most innovative or nuanced scam?)

~https://www.rollingstone.com/politics/politics-news/cornel-west-bernie-useful-idiots-taibbi-1017732/

~https://readsludge.com/2020/10/20/hawkish-dem-in-charge-of-military-budget-opposes-cuts-favored-by-progressives/

~https://truthout.org/articles/300000-excess-deaths-this-year-suggest-covid-death-rate-is-higher-than-reported/

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Don’t forget Paygo.

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