Goldman sachs CEO on CBS this morning....( just my take on it)

[Leme]

CEO says banks getting zero interest loans from federal reserve and not making US jobs...just how it is.
-
On companies making money from overseas.... a flat world is great because labor costs are cheaper
-
Companies have no choice but to do things like this or they will go broke... there is no second place
-
US government is stuck, so this will continue.
-
He would change things income disparity with a button if he could, but he cannot. Things will remain the same.

[el_bryanto]

1. When you are on the top of the pile, you have a vested interest in seeing the system as fair. nt

[Leme]

4. he sort of indicated it was unfair, but this is what is done and no choices

[el_bryanto]

5. That's the liberal wall street version of saying it's fair. nt

[Anansi1171]

2. I.E....let them eat cake!-nt

[PoliticAverse]

3. "just how it is" for those "doing God's work". n/t