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Alaska’s government retaliates after
Goldman Sachs drops Arctic oil

Original Article

Posted By: John C, 12/21/2019 6:18:08 AM

This week, mega-bank Goldman Sachs said it would no longer finance new oil exploration in the Arctic as part of a broader move away from fossil fuels. Now, Gov. Mike Dunleavy says he is reconsidering whether Alaska should do business with the bank, and the Alaska Department of Revenue has already booted Goldman from a billion-dollar plan to borrow money to pay oil and gas drillers. “In response to Goldman’s pledge, the governor’s office has directed the review and where possible without financial or progress impairment, the removal of Goldman from business relations with the state,” acting Revenue Commissioner Mike Barnhill wrote in a Friday letter to Goldman’s CEO.


Goldman betraying the people of America, oil is bad, per the save the world crowd. They still use the fossil fuel meme instead of oil being a natural substance of the earth.

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Reply 1 - Posted by: WhamDBambam 12/21/2019 6:34:03 AM (No. 268172)
This is precisely the way to handle leftists trying to use Operation Choke Point tactics on businesses they don't like.
62 people like this.

Reply 2 - Posted by: lakerman1 12/21/2019 7:22:02 AM (No. 268199)
Virtue signaling can be a bit*h. (Or a Nancy Pelosi, as I prefer to say.) If Goldman Sachs has stockholders, there should be a stockholder suit against the Company, for failing to maximize profits.
44 people like this.

Reply 3 - Posted by: HerbVA 12/21/2019 7:36:38 AM (No. 268212)
Anyone see the irony in a bunch of New York Jews basically funding Saudi oil?
61 people like this.

Reply 4 - Posted by: Lawsy0 12/21/2019 7:48:48 AM (No. 268220)
I smell a feint. And fakakta. By this time next week G/S will have gotten back their corporate brain.
10 people like this.

Reply 5 - Posted by: bpl40 12/21/2019 8:33:08 AM (No. 268256)
These are the same people who invited Hillary to give a secret speech for an outrageous payment.
39 people like this.

Reply 6 - Posted by: chumley 12/21/2019 8:57:09 AM (No. 268294)
The purpose of business is not virtue signaling. Its not social justice or diversity. The purpose of business is to make money; the more and the easier the better. Alaska is floating on an ocean of money. They could have had a lot of it. They blew it.
25 people like this.

Reply 7 - Posted by: janjan 12/21/2019 9:28:37 AM (No. 268338)
There is a deeper meaning to this than a sudden social justice awakening. The real goal behind the climate hoax is one world government and redistribution of income globally. GS obviously thinks they stand to gain from that or they would not be doing this.
28 people like this.

Reply 8 - Posted by: Kafka2 12/21/2019 9:30:51 AM (No. 268340)
Since Goldman Sachs faux "virtue signaling" has targeted fossil fuels, I hope all states that produce or process coal, oil, or gas follows Alaska's lead. If they were truly concerned about fossil fuels, they would stop using corporate jets and limos that consume large amounts of fossil fuels.
25 people like this.

Reply 9 - Posted by: Rumblehog 12/21/2019 9:40:49 AM (No. 268353)
Goldman is the "darling" of our "revolving door" DC political elite.
16 people like this.

Reply 10 - Posted by: anniebc 12/21/2019 9:47:48 AM (No. 268363)
GS, like almost everything else these days, has been infiltrated by leftists; they're not just trying to appease a minority. They are the minority. And, AMEN! to poster 7.
9 people like this.

Reply 11 - Posted by: rushie 12/21/2019 10:34:48 AM (No. 268406)
Our great President has given many the courage to fight back. Fix Bayonets!!
13 people like this.

Reply 12 - Posted by: Strike3 12/21/2019 10:37:46 AM (No. 268410)
Brilliant move now that the Saudis have had half of their oil production facilities blown up by Iran. Maybe GS can make a few bucks financing electric car production. Then all they have to do is convince people to buy them. There would be millions of disappointed people in the world if One World Government were to be implemented and all businesses were taken over by that government, which would be the second step after universal disarmament. Some people just don't get it.
5 people like this.

Reply 13 - Posted by: Philipsonh 12/21/2019 10:44:18 AM (No. 268416)
To Reply # 2, of course Goldman Sachs, as a publicly traded company, has stockholders ( actually shareholders ). More to the point, they have a Board of Directors, who are 'supposed' to set the policies for the Corporation. It is to the Board that criticism should be directed. The B of D is responsible for the actions against Alaska. THEY vote for the officers of the company and they can fire them.
6 people like this.

Reply 14 - Posted by: NotaBene 12/21/2019 11:00:02 AM (No. 268433)
We have a problem. ANWAR has to come into production for if not the North Slope pipeline will go dry. Thanks to Idiot Carter the law says that once in disuse the entire pipeline must be dismantled in the name of the caribou. Learned they from an excellent cover article by Jonah Goldberg back in the days when National Review was for, not Against, US.
7 people like this.

Reply 15 - Posted by: LadyChurchillUSA 12/21/2019 11:00:22 AM (No. 268434)
One thing President Trump has taught us is how to fight back, no more Marquis of Queensbury rules for our side. Goldman and others are foolish to take their companies down the tubes with these communists in the end there will be no investment business to run if they have their way.
11 people like this.

Reply 16 - Posted by: Chuzzles 12/21/2019 11:08:43 AM (No. 268445)
I am wondering now how this is gonna affect Ted Cruz. His wife is not only a member of the CFR, but she is also very high up in the GS organization as well. GS must think that they are untouchable at the moment. SJW and diversity must be ripped out by the roots in any company that starts showing symptoms of such behavior. They do not care about money, they care about social justice, and money can go fly a kite. Who cares if it destroys a company or retirees who invested in GS stock as part of their retirement? Those people are gonna die soon anyway, right?/// When you think about just who makes up the Leftist crowd, and how willing they are to rush to destruction, is it any wonder they inevitably wind up bringing down the hatred of the gentiles they attack so willingly? Then they have the nerve to try and play victim. Just saying from my reading and observations during a lifetime is all. This breaks my heart to witness this kind of behavior, knowing where it is going to lead.
3 people like this.

Reply 17 - Posted by: weejun 12/21/2019 12:14:46 PM (No. 268525)
GS and other corporations had better learn not to rely on Twitter comments and the leftist loud mouths or they will eventually go out of business. After all, the leftists, particularly the green crowd, would have us return to the stone age in terms of economic activity. I wonder what GS would do then if these anarchist twerps were to succeed in establishing their utopian "we know best and we will tell all of the rest of you how you shall live." world order.
2 people like this.

Reply 18 - Posted by: Right Time 12/21/2019 12:15:42 PM (No. 268527)
Now, if only other Red, energy-producing states, like Texas and North Dakota, would also throw out Goldman, we'd have a movement
8 people like this.

Reply 19 - Posted by: mc squared 12/21/2019 12:33:48 PM (No. 268547)
“I think it’s part of my role to advocate on behalf of Alaska,” Dunleavy told reporters. How refreshing. An elected pol looking out for the voters.
6 people like this.

Reply 20 - Posted by: Proud Texan 12/21/2019 1:09:07 PM (No. 268578)
I'm with poster # 18. And to answer #16, I think Ted Cruz's wife can and needs to find a different job! It shouldn't just be oil producers joining the movement since Goldman Sach's actions hurt anyone that uses energy of any kind. Those windmills don't grow from seed and all that pollution creating materials used solar panels don't just dig themselves out of the ground. So many people for "green energy" hate birds so much that they want to beat the birds to death with windmills that don't get fried by solar.
3 people like this.

Reply 21 - Posted by: lewka 12/21/2019 2:22:36 PM (No. 268637)
Hey Goldman did you know how many hundreds of millions of barrels of oi are naturally seep into the oceans of the world? Take a walk on the beaches of Santa Barbara, Ca. and smell the oil rich environment. Be sure and wash the oil clumps and sand off your feet before getting into your car. What a bunch of college educated morons.
4 people like this.

Reply 22 - Posted by: TXknitter 12/21/2019 3:54:48 PM (No. 268681)
Yes indeedy, #9, and that is why we should be on red alert when a politician’s family is closely tied up in or employed by Goldman Sachs.
3 people like this.

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