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In reply to the discussion: De Blasio Taps a Goldman Executive as Deputy Mayor of Housing [View all]JackRiddler
(24,979 posts)"Social investing" and "public and private partnership work" are weasely euphemisms. An outfit like Goldman Sachs doesn't do anything of the sort. It does some public relations to put the perfume on the dogshit, and engages in social engineering to shape society in its interests.
Isn't compartmentalization grand? Anyone who chooses to work at the firm responsible for running up oil and food prices and causing worldwide hunger in 2008 doesn't get excuses, even if she had nothing to do with those activities.
Goldman Sachs is a criminal organization deriving hyperprofit from actions of global piracy, plunder and effectively mass murder. No one person runs the show, various functions are undertaken in making possible the eventual bottom line. A key part of that is distracting from the criminality by engaging on the side in some ostensible charity to a few of the victims of capitalism. Blunting potential opposition by spreading a bit of money around, especially in New York. However, after Goldman's immense atrocity became so internationally prominent during the crisis, I would have respected someone willing to walk away from the perks of such a job by making her resignation as loud as possible. But then she wouldn't be considered for new jobs in management positions, would she now?
Goldman Sachs, of course, shouldn't exist. It should have been liquidated along with the other TBTFs in 2008. Instead they were rescued at an enormous expense to the public, so that they could emerge more powerful and more enabled to engage in mass crime than before. Did they throw some obols afterwards at the worthy poor? Was this lady one who got to put a smile on the affair?
New York City has hundreds of CEOs of housing and development groups that aren't Goldman Sachs to choose from. Your assertion that she's the only one for the job is ludicrous! Such an appointment is a signal to the ruling class and everyone else who doesn't have blinders on that it will be business as usual with at best the appearance of reform, just like Bratton -- just like the choice of Rahm Emanuel by Obama as his first appointment.
Tale of two cities. Where's the other one?