Goldman Sachs CEO Thinks Americans Don’t Work Enough

America is already the hardest working country in the western world, but for Wall Street fat cat Lloyd Blankfein, that’s not enough. Blankfein, currently CEO of Goldman Sachs, told CBS News’ Scott Pelley that he believes it’s time to increase the retirement age:

BLANKFEIN: You’re going to have to undoubtedly do something to lower people’s expectations — the entitlements and what people think that they’re going to get, because it’s not going to — they’re not going to get it.

PELLEY: Social Security, Medicare, Medicaid?

BLANKFEIN: You can look at history of these things, and Social Security wasn’t devised to be a system that supported you for a 30-year retirement after a 25-year career. … So there will be things that, you know, the retirement age has to be changed, maybe some of the benefits have to be affected, maybe some of the inflation adjustments have to be revised. But in general, entitlements have to be slowed down and contained.

PELLEY: Because we can’t afford them going forward?

BLANKFEIN: Because we can’t afford them.

Problem is, we wouldn’t be in a position to consider budget cuts at all if Goldman Sachs and the rest of the scoundrels on Wall St. hadn’t blew up the economy and then demanded a bailout. So in terms of who we can and cannot afford, it’s safe to say that this country can’t afford Wall St.

Regrettably, no one on Wall St. has been prosecuted for this country’s economic meltdown, so it is likely that we will continue to see them creating disastrous recessions, then, getting invitations from mainstream news outlets to tell the rest of us what we’re doing wrong.

It’s not surprising that Blankfein believes he’s right. That’s his ego, not data, speaking. What is repugnant is that CBS, or anyone else, invites him to speak on anything.

 

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15 Responses to Goldman Sachs CEO Thinks Americans Don’t Work Enough

  1. The Shine Has Worn Off November 21, 2012 at 10:21 am

    Correct. “No one on Wall St. has been prosecuted for this country’s economic meltdown, so it is likely that we will continue to see them creating disastrous recessions.” King Obama was the biggest recipient of Goldman’s generous campaign donations in 2008, so continuing the bailouts without any prosecutions was the returned favor. Obama talks all of that for the people c**p but he’s in their pockets. They pull the strings. They run the government. They are the government. All you have to do is research Obama’s cabinet appointments and other appointments (Tim Geitner, Larry Summers, Jefferey Immelt) and you’ll see who our precious “brother” is for. It’s a revolving door of corporate elites, ivy league educated, well connected sociopaths whose only concern is the riches and absolute power. The federal reserve bank has transfered over $16 trillion to these banks and corporation since the bailouts began under Bush and continues under our “progressive” savior Obama. Most of us are sleep walking. We’re just so proud to have a black face on this corrupt system. And that was the plan all along. “DON’T SAY NOTHING BAD ABOUT MY OBAMAAAAAAAAAAA!!!!!!!!!!”. Even if it’s true. Sad.

    Reply
  2. Ms. Miller November 22, 2012 at 10:01 am

    I find it to be a distortion of the facts to try to put all the blame for the financial problems…ECONOMIC CRISIS…etc. of 2007 on Pres. Obama. When he came in office, the entire economy had crashed under the REPUBLICAN REGIME… Bush, Cheney and that bunch. Bush had gotten us into 2 wars (on credit) and he had completely wiped out the huge SURPLUS that Pres. Clinton left. And we must remember that under BUSH…millions of jobs disappeared….went overseas…and were simply lost. ROMNEY helped that process along.

    Pres. Obama had to find ways to pull us out of that big crater that Bush left for us. Whether you agree with Obama or not…he did pull our economy back from the brink…and had McCAIN won…we would have gone all the way into a DEPRESSION from which we would probably never have recovered. McCain was another BUSH…and he still is talking the same nonsense. YES…BLAME BUSH.

    Reply
    • Ms. Miller November 22, 2012 at 10:06 am

      And we have to WAKE UP to the fact that it is REPUBLICAN POLICY to be against any type of benefits, services, funds, etc. that will help workers….help schools, or in any way benefit those who have to punch a clock in order to earn a living. For years the REPUBLICANS have tried to de-fund or change Medicare, Social Security, Medicaid, Unemployment Insurance, Food Stamps, School lunch programs — and anything like that.

      BUT…Republicans will fight to the final battle to HELP THE WEALTHY get more tax breaks, subsidies, and for BIG OIL…COAL and GAS companies to get more opportunities to burn up this planet with all that pollution that oil, coal and gas create.

      Reply
  3. Kim November 22, 2012 at 11:12 am

    WHAT???? Don’t work enough? Listen here MR. PART of the ILLUMINATI…I been working siince I was 14 years of age and one of your kind of people TOOK my career from me being the bigot she is and ADMITTING that she set me up with personnel to rid of me. SO don’t give me that non sense. Now that the EEOC permitted for this happen…YOU all gonna take care of me until I can get back up on feet. So sleep on this response tonight after your gut is full from your holiday festivities. What you gonna do bout that? You all be hatin on when blacks get into a comfort zone and have nice things and your envy causes you all to snnatch it from us. But we as a people of the of the colorful race, are too strong for you bigots to keep us down. (at least some of us) and I will be back – you will read about me in the Forbes list….God is in the planning stages as I type this. You take a good look at you and your ancestors destruction to the black race who had it none been for us NONE of you bigots in society would be enjoying the luxury ease today! I won’t be working no one at the age of 53 ONLY FOR MYSELF.

    Reply
  4. Kim November 22, 2012 at 11:27 am

    Sorry for the errors but I was interrupted by a family member who is trippin as well None of you bigots would be enjoying the ease of comfort had it none been for the African AMerican race. And you say that is not work bein enough? Well I think it is sufficient. You’d even be in a traffic jam while crusin in the back seat of your limo had it not been for a man of color. Check your facts, before making yourself to feel so superior while all in the same breathe appearing to be so stuppid! And the reason for people not working today are again people like you hiring those of your skin pigmentation. Again, you all FEAR us when we can surpass you in material wealth. YOU HATE IT! And this is what is considered tobe modern day slavery. The techniques you all use to TRY to keep us down. Well, My God is mightier than any white CEO in this nation. DON’T FORGET IT!!!!!

    Reply
  5. Traci404 November 22, 2012 at 12:43 pm

    WE SHOULD NOT BAILED OUT GOLDMAN SACHS…
    When his hand was out begging to be bailed out during the financial crisis, with those fraudulent derivatives.
    Notice He was not talking all this “entitlement” yiddish.

    Isn’t TOO BIG TO FAIL an ENTITLEMENT PROGRAM?

    Reply
  6. patrice November 22, 2012 at 6:12 pm

    American people who don’t work enough should be like Goldman Sachs CEO began stealing and lying then American people will not have to work enough.

    Reply
  7. Ann G. November 22, 2012 at 6:48 pm

    Apparently he thought he was entitled when we bailed his sorry a*s out after s******g up all of that money. People such as Blankfein make my rear end ache. If he was as smart as he thought he was, we…the people…would not have had to bail him out. He is nothing more than a dirty little greedy b*****d. As most Corporate CEO’s are.

    Reply
  8. The Shine Has Worn Off November 22, 2012 at 7:31 pm

    @ Ms. Miller

    I can see that your still sleeping ma’am. You fail to see that democrats and republicans serve the same corporate masters. The only difference is that each side has a few radical social policies. But don’t for one second think that the wealthy democrats in congress have any care for ordinary citizens, or any power over the path this country is taking. We are governed by sociopathic elites whose only concern in the bottom line. The democrats will cut the social safety under Obama because it is more effective to have a seemingly for the people democrat do it. Because when he does, all people will do is say “it was his only option, the republicans forced his hand”. It’s nothing but a game. They are one. They are the elites, and they serve even more powerful elites. Obama is not who you think he is. And on Bill Clinton….What can I say. He repealled Glass Steagal and opened the candy store for the banks. He passed NAFTA which has opened the floodgates for outsourcing jobs (Obama is doing outsourcing too). Bill Clinton is so wealthy and elitist. Haiti is his personal playground. He’s reaped heavy rewards from the damage he has caused. He opened the door for the private prison indusrty that makes billions per year off the backs of inmate labor. Did you know that companies have operation set up in prisons making their products? Slave labor for jobs that could be for people on the outside of prison. He increased the war on drugs and made the penalties lop sided. Blacks are the most imprisoned people in every state in this country by ratio, per 100,000 of all groups. h**l, in states where I didn’t think many blacks lived, we still are imprisoned at a higher rate than other groups. IN EVERY STATE!!!! Unbelievable that blacks are the most criminals in every state. Yeah, thank Clinton for his da*mn surplus if you want. And when you go Black Friday shopping, just know that brother Bill brought you those products courtesy of outsourcing. So go spend your money on products made at slave labor wages, in foreign inpoverished countries. They take our money but don’t create any jobs and don’t pay taxes. Then they take those billions and prop up politicians that further their agendas in congress. And thus gaining more and more power through media propaganda.

    Reply
  9. The Shine Has Worn Off November 22, 2012 at 7:48 pm

    @ Ms. Miller

    And I forgot. Some of those same financial advisors that helped Clinton repeal Glass Steagal, and opened the candy store for the banks, are in the the Obama administration right now. It’s a revolving door. CAN YOU SAY “CHANGE YOU CAN BELIEVE IN”? Welcome to the United States of Goldman Sachs. Stop watching the State run Media outlets like MSNBC, FOX, CNN, ABC, CBS, PBS, AND THE LIKE. They are all owned by the corporations that run this country. Straight propaganda. Find an online independent media source that gives you the real deal about how they plan on turning all of us into 3rd world residents. Wake up!!!!!!

    Reply
  10. Ish Muhammad November 22, 2012 at 9:08 pm

    Wake-up Black Nation these are Greedy Swines & Lazy MF’s talking about a Negro is Lazy? When our Father’s Built America? It’s reverse Psychology! We have Given Everything to America & get the Gas Face instead of Justice! Whitefolks love dogs & cats more than us they Hate our Shadows lol Goldman Sax are some Greedy Jews who got Rich off of Slavery but smile in a Negroes face at the same time! Read the Book vol. 1-2 Secret Relationship between Blacks & Jews then this Enemy will be in plain site! Right now he on the low acting like he your friend d**n Devils Satanic forces have always run America you Masons Shriners Dirty Jews!

    Reply
  11. Ish Muhammad November 22, 2012 at 9:33 pm

    Shine you are on the Money! We lost more under Clinton then Richard Nixon the father of Conservatism! Clinton hates Black Authority Period He is a Dixiecrat a Southern Cracker who can fool BraindeadNegroes in an Election! Ron Brown a Brother who was going to be your first Black President Clinton gave the CIA the Green Lite on our Brother! He was shot in his Head after surviving a Plane Crash! I know African Brothers who met Ron Brown in Africa before his Plane was Railroaded into a Mountainous Region of Russia! They fly Planes with Computers! First black president my a*s y’all must be some Blacknecks AngloNegroes! I was at the MMMarch in 1995 Clinton scary a*s left town but we were surrounded by the Enemy! If you Black people don’t know Washington DC has had Underground Bunkers all the way to Virginia Langley for Escape for the President & Troops in the Case of the MMMarch! Min Farrakhan knew this & told us all that if something jumps off I’m going where my people at! The stop lights on the streets are Cameras Now it’s not the old Red Green yellow lights we grew up with! I saw a Dude in LA get 24 years for a Car to Car shooting! He kept talking about somebody snitching When them Crackers seen it all! DumbDevils!

    Reply
  12. Ish Muhammad November 22, 2012 at 9:47 pm

    Obama better leave Lincoln alone & go the other way because Lincoln was killed by the International Bankers because of the Green Back(Dollars) without the Banks Backing it! He thought nothing about a Negro He thought we was SubHuman like the Rest of them Crackers back in those Times! If Obama don’t help Blacks this time We will see What’s Really Good! Slavery halted Capitalism this is why that War was fought & the international Bankers backed both Sides of the Civil War! So whoever Won they would call the Shots! The Elections are just the same people!

    Reply
  13. Ish Muhammad November 22, 2012 at 9:49 pm

    The House of Rothechild/ Rockerfeller

    Reply
  14. Imhotep November 22, 2012 at 11:43 pm

    Shine and Muhammad y’all are both on point and your truth is truth! Four of the five richest people in Congress are Democrats!! And they work for who? This s**t is all set up and we are the ones that keep chewing on raw meat!! Truth to truth brothas….Maat

    Reply

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