Does he even get how racist this comment is?

"In this deal they pulled the standard White-God conquistador routine, sending in a smooth-talking "rock star" salesman to dazzle the aborigines with cuckoo clocks and shiny things."

Apparently Matt Taibi assumes that because they are Libyans they are too stupid to make their own investment decisions or understand risk.

Hilariously written! Author is a comic genius. Let's decapitate Goldman Sachs; Sounds like they might just understand.

Sadly, Chris999 is right, Incisor! It is a racist and bigoted comment, even in jest, and one ironically that based on our current foreign policy, reaches all the way to the WH. A large segment of the American population, left and right, believe the entire Middle East, maybe with the exception of the non-Arab citizens of Israel and the Emirates, are 4th World people with little or no value to us.

Why else would we consciously underwrite their wholesale slaughter and justify it with some abstract and most financially motivated political goal as "collateral damage"...

Taibbi is always a great read with real, grounded common sense humor. "If you sent a blind, three-legged donkey into Caesar’s palace with $1.5 billion in chips, it could probably stay solvent longer" I'll be laughing for days. Remember, Goldman is just doing God's work.

Please place me on that list for your book about Goldman. I can hardly wait.

Thanks again

great article how US money system works - and at the end I see more ethics/smarts on the Libyan/Dictator side than on the Goldman bankers.
"This is classic modern investment banking. You pitch some kind of deal to a city, state, or country, and it may or may not be a good deal for the actual citizens/residents whose money is at stake. But you can make it objectively a great deal for the individual officials with the power to sign off on the deal by sending a big fat check either to the politician in question or to some local slimeball consulting firm of his or her choosing. Anyway, there is some reason why we journalists are not supposed to call things like Goldman's proposed “$50m payment” bribes, but I can’t remember what it is"
This is how our small town council works - there is a bribe with most of the City Council contracts - and the City is broke.
Wish NATO can help us to protect the "city people" from these dictators/City Managers.

Matt always makes my day. I could agree with the racist slant if for the fact that GS Does act like a White-God Coanquistidor.... Even to Us poor white Folks in their back yard. If one looks at the US Foriegn policy for the last 40 years, it still is a Vialed Corporate rape and Plunder, only with better Press. As for the Hubris of GS. These are the modern day holders of the Devine rights of Kings... they understand and react to ONLY one thing. That is when their OWN physical heads are ready to be cut. Otherwise it is SOEP. Some One Else's Problem... I am waiting for the Russian Mafia turned bankers and Chinese Toa, to finally figure out who lost them all their money.....

allafrica.com/stories/201106101089.html
"On the ground in Tripoli and western Libya, Cynthia McKinney reports that the current NATO-led war looks nothing like the mainstream media would have us believe: 'The situation on the ground in Tripoli ... could not more different from what is being ..."
do not trust USraeli mass media re Palestine, Libya, Syria, Iran.

One billion dollar Libya bombing by US -
The cost of the U.S. campaign in Libya is set to exceed the $750 million Pentagon estimate set out in March, according to a leaked Department of Defence Memo.
The 'eyes-only' DoD dossier said the U.S. had already spent $664 million in Libya by mid-May - a running cost of $60 million a month since the bombing began in March.
At the current rate of spending, the U.S. will have to shell out at least an extra $274 million till the end of the current 90 day no fly zone extension period - brining total expenditure to a minimum of $938 million.
Read more: http://www.dailymail.co.uk/news/article-2001778/Libya-war-costs-US-taxpayers-2m-day-Gaddafi.html#ixzz1Ou1XCRCP

You got it all wrong this time, Taibbi. If Qaddafi had invested Libya's oil revenues in Euro/American banks, his country would not be under attack now. Libya was invaded precisely because Qaddafi invested his money in infrastructure development in Libya. That was Saddam's problem, too. It is not the problem of the Saudi, Bahraini, Kuwaiti and all the rest of the oil producers in the middle east.

I strongly object to your characterizatio n of Qaddafi as "a ruthless anti-Semitic dictator/terror sponsor." This is just not true. It is the substance of the US propaganda and its justification for a war that is killing many people in Libya. His criticisms of Israel are not anti-semitic. They are the same criticisms that many people, including many Jews, have of Israel's policies toward Palestinians. Qaddafi is not a sponsor of terrorism, no matter how hard the US has tried to make it appear that way. Don't take the propaganda so easily. It ruins your thought.

It is Goldman Sachs that is the "international pariah," not Libya. The fact that Libya was smart enough not to be cheated twice should make you sing its praises. Most of the rest of the world has been cheated by NY banks over and over. You should see resisting Goldman's frauds as a positive sign for Libya and Qaddafi. Libya should threaten GS with beheadding. We all should. We are the problem.