Former Assistant Treasury secretary: Treasury Works For Goldman Sachs

Thursday, July 09, 2009

Continuing the series of sunny summer day bloggin' lite please enjoy the video below.
For those busy with saving the world from its banks irresponsibilities, read the quotes and find yourself in a financial world bare of any Chinese walls.
It's all run and done' by Goldman Sachs, with the help of the Treasury:
Craig Roberts(Assistant Secretary of the Treasury in the Reagan Administration): ... Bank bailout was a fraud and it won't succeed. Don't know what sort of stupidity the Treasury Secretary and the Federal Reserve will resort to next.
Max Keiser: Quick question. What should the Treasury Secretary be doing?
Craig Roberts: He should be trying to save the dollar as the world's reserve currency which means stopping the wars, reducing the bailout money, and trying to reduce the trade and budget deficits in order to save the dollar. That's what he should be doing.
Max Keiser: Does the treasury secretary work for the people or does he work for the banking system on Wall Street?
Craig Roberts: He works for Goldman Sachs.

Hat tip goes to Michael Shedlock


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