Last week, we posted a story on the blog about a Goldman Sachs exec quoting the Bible to justify their behavior. I didn't feel comfortable saying he was flat-out wrong, instead I just gave a few Bible passages for context and let people make up their own minds.
Then, on Sunday, Goldman Sachs CEO Lloyd Blankfein said in an interview that he and the team at Goldman are "doing God's work." I now feel completely comfortable saying that Goldman Sachs is not, in fact, doing God's work. (And I'm not alone.)
It isn't God's work to kick families out of their homes when they're struggling most. It isn't God's work to use other people's money to pay themselves obscene bonuses. And it isn't God's work to oppose health insurance reform because it's bad for the bottom line.
That's right. Goldman Sachs is now getting involved with the health care debate. From the Huffington Post:
A Goldman Sachs analysis of health care legislation has concluded that, as far as the bottom line for insurance companies is concerned, the best thing to do is nothing. A close second would be passing a watered-down version of the Senate Finance Committee's bill.
Forget fixing our health care system; according to Goldman's report, it's all about how to get big insurance companies rich(er). There is actually a graph included in the report that shows the number of dollars flowing to insurance companies rising as the number of lives insured drops.
We cannot let Goldman Sachs and the other big banks get away with this. People should be out in the street, demanding answers. And, on Monday, we will. SEIU President Andy Stern is joining National People's Action and hundreds of taxpayers from across the country in Washington, DC to rally outside Goldman Sachs' office on Capitol Hill.
We meet at 101 Constitution Ave. NW at noon. I hope to see you there.












