Lloyd Blankfein might sound like the name of a fictional banker villain, but he is in fact the real-life Senior Chairman of Goldman Sachs. Prior to his current position, he served as chairman and chief executive of the infamous banking giant beginning in 2006 — just before that pesky financial crisis from which the world is still recovering.
To his credit, Blankfein did apologize for his company's role as a liquidity provider for subprime mortgages. Specifically, he said, "We participated in things that were clearly wrong and have reason to regret. We apologize." That was in 2009 — the absolute pits of the economy — and around the same time he was named "Person of the Year" by the Financial Times. Within months, he was touting his duties of "doing God's work" while the rest of us were still scrounging for employment or to recover the last few scraps of money we had foolishly invested on the advice of people on Blankfein.
Anyway, he's really concerned that Bernie Sanders will "ruin" "our" economy, should he be elected as President of the United States in the upcoming election.
If Dems go on to nominate Sanders, the Russians will have to reconsider who to work for to best screw up the US. Sanders is just as polarizing as Trump AND he’ll ruin our economy and doesn’t care about our military. If I’m Russian, I go with Sanders this time around.
— Lloyd Blankfein (@lloydblankfein) February 12, 2020
Presumably, Blankfein was not referring to our economy — as in the economy that affects normal human beings such as you or I, which he has previously participated in ruining — but rather, his economy, that is, the pleasures enjoyed by him and his ilk of obscenely wealthy, out-of-touch, and utterly untouchable oligarchs. Read the rest