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Thom's blog
Goldman Sachs thinks you’re a “Muppet”
Former Goldman Sachs Executive Director Greg Smith recently resigned from the banking giant, and today in a New York Times op-ed blew the whistle on what he called a “toxic and destructive” environment within the bank. Smith writes, “I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.”
Smith went on to write that banksters at the firm “callously” rip their clients off – and routinely refer to their customers as “muppets.” Most shocking, Smith reveals that the most common question he gets from fellow banksters is, “How much money did we make off the client?”
The dangerous part of this is that banksters like Goldman Sachs now make up more than a quarter of our economy when they used to make up less than a tenth. That means one-fourth of all the money in the United States comes from banksters on Wall Street preying on their customers with things like exploding mortgages and fees, jacking up oil and food prices by gambling on them, and making a profit crashing entire nations economies.
This is called financialization – and if it’s not reined in – it will destroy our nation and much of the developed world.
-Thom
(Can it be reined in? Tell us here.) |
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Tonight on The Big Picture on RT TV at 9pm and 11pm... Last night's elections: Wall Street vs. Wall Street (check your local listings for stations or stream at RT, and catch past shows on Youtube)
Need to Know: Last night's elections: Wall Street vs. Wall Street
The Best of the Rest of the News...
Exposing the new Republican conspiracies & paranoia- Sam Sacks, Progressive Strategist 
Are pharmaceutical patents killing people?- Neal Asbury, host-“Truth for America” 
Daily Take: Are we all financial muppets now?
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Today on The Thom Hartmann Program, 3-6pm ET
Hour One: Why does Goldman Sachs think you're a muppet?
Hour Two: Why shouldn't 25 year olds get social security too?- Peter Ferrara, Heartland Institute
Hour Three: If we regulate prescription drugs why not regulate all Wall Street derivatives
Occupy Homes Minnesota
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program...your media support group for "we the people"...TAG, YOU'RE IT!!!!!!!!! (OCCUPY SOMETHING!!!!!)
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Tuesday's Daily Stack 
Quote: "Mankind must put an end to war, or war will put an end to mankind...War will exist until that distant day when the conscientious objector enjoys the same reputation and prestige that the warrior does today." -- John F. Kennedy.
Hour One: We Can Live With A Nuclear Iran- Paul Pillar, Security Studies Program-Georgetown University
The Big Picture- Sam Sacks, The Big Picture producer
Article: " Constitution of the United States", article 3 section 2. "... the supreme Court shall have appellate Jurisdiction, both as to Law and Fact, with such Exceptions, and under such Regulations as the Congress shall make..." Letter: " Thomas Jefferson to Spencer Roane", 6 Sept. 1819 " The constitution, on this hypothesis, is a mere thing of wax in the hands of the judiciary, which they may twist, and shape into any form they please."
Hour Three: Privatized food safety inspections?- Stan Painter, American Federation of Government Employees
Everything You Know is Wrong... Is 'in vitro meat' moving closer to the menu?- Dr. Mark Post, Maastricht University
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Thom's Poll
Will Goldman Sachs ever release their "toxic and destructive" strangle hold on the US Economy?
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Watch & Listen to Thom
Republican at the polls are not voting for candidates
Are SuperPacs a good way to run a Democracy?
How the Student Loan Bubble will Affect our Nation
Crazy Alert - Squirrels Drinking w/Straws?
The Plot to turn your Kids into Religious Warriors
The Good, The Bad and the Very Very Cacestogenously Ugly
Your Take/My Take - Keystone oil for foreign not U.S.
Why Republicans should start acting like Reagan
Palin - Dog-Whistle Politics?
Full Show 3/13/12: Super (PAC) Tuesday
Full Show 3/13/12: Super (PAC) Tuesday
Thom looks at the impact the Citizens United decision had on the Alabama and Mississippi primaries. Also discussed: Sarah Palin's bad week, the ever increasing rise in the cost of college and in tonight's "Daily Take" Thom talks about why Republicans need to start acting like Ronald Reagan to save the economy.
Thom Hartmann on the News - March 13, 2012
We can live with a nuclear Iran
Voter ID equals voter suppression...
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Show Info
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