I once talked with one of Thom and Susan Tillis’s neighbors who told me — in jest, I think — that the best way to get Thom to come see you was to tape a $100 bill to your front door.
We’ve see a lot of guys come and go through North Carolina politics with a nose for making-money WHILE “serving the people.” But Thom Tillis rises to the top at trolling for cash.
Apparently, his cash radar has pinged mega-donor and ultra influence peddler Goldman Sachs. OL’ Thom twisted himself into a pretzel at a recent hearing to praise Goldman Sachs as, get this, a champion of “the little guy”:
”[…]I feel like sometimes I’m living in a reality TV version of Atlas Shrugged. There are a lot of people in this Congress that want to just beat down job creators and employers. And I just decided just on the fly — and I’m glad my staff’s able to respond to my random request — but just take a look at Goldman Sachs.
People want to demonize Goldman Sachs. That’s an easy thing to do, right? Just beat up on a financial services institution. An institution that’s committed to — let me look at the general numbers here — they have 36,500 employees. There’s probably a lot of little guys in there. They’ve contributed billions of dollars to nonprofits. They’ve got a commitment to producing 150 billion — am I right? — between now and 2025, that are either capital formation for nonprofits or directly into nonprofits. Demonizing employers that employ the little guy isn’t looking out for the little guy.”[…]
In 2016, Goldman Sachs admitted to defrauding its investors during the 2008 financial crisis that wiped out a lot of “little guys” 401Ks and foreclosed on a lot of houses owned by “little guys.” A whole lot of folks who have studied
the 2008 financial mess closely see Goldman Sachs as having been a major catalyst to that crisis — thanks to their handling of the notorious mortgage-backed securities.
Of course, they had a whole lot of help from crooked politicians and government bureaucrats. (But that is a whole other set of posts.) Goldman Sachs used federal bailout money from said financial crisis to award employee bonuses.