Skip to comments.The Great American Bubble Machine
Posted on 06/26/2009 8:44:09 AM PDT by fightinbluhen51
From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression -- and they're about to do it again -~&~-
The FIRST THING YOU NEED TO KNOW about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent financial crisis, which doubles as a history of the rapid decline and fall of the suddenly swindled-dry American empire, reads like a Who's Who of Goldman Sachs graduates. By now, most of us know the major players. As George Bush's last Treasury Secretary, former Goldman CEO Henry Paulson was the architect of the bailout, a suspiciously self serving plan to funnel trillions of Your Dollars to a handful of his old friends on Wall Street. Robert Rubin, Bill Clinton's former Treasury secretary, spent 26 years at Goldman before becoming chairman of Citi group - which in turn got a $300 billion taxpayer bailout from Paulson. There's John Thain, the asshole chief of Merrill Lynch who bought an $87,000 area rug for his office as his company was imploding; a former Goldman banker, Thain enjoyed a multibillion- dollar handout from Paulson, who used billions in taxpayer funds to help Bank of America rescue Thain's sorry company. And Robert Steel, the former Goldmanite head of Wachovia, scored himself and his fellow executives $225 million in golden parachute payments as his bank was self-destructing.
(Excerpt) Read more at files.posterous.com ...
Be aware, that this is in the current issue, and I find this PDFed. It need to be out there and out there today as it looks in depth at the new cap and trade bill too, calling it an engineered market by the big money lobby of the Goldman Sachs investment bankers. Also looks in depth @ the oil contracts trading.
dastardly Gelded Sachs strikes again
EPIC XML LINK FAILURE!
Link doesn’t work?
This is one reason why we should have let all the big financial institutions stand or fall on their own. There is no great benefit for us that they stand and it has cost us dearly. First there was the Bush stimulus and then Obama got in and slammed spending into hyper drive and in a matter of months has far exceeded the excesses of the Bush Administration by several orders of magnitude. He has already spent far more than the combined cost of the War and Iraq and the Afghanistan for the entire duration of those wars. The scope and audacity of it beyond insanity. He is driving America off a financial cliff and he is now planning to nuke the economy with the biggest tax in history.
Smells like another anti-capitalist rant from The Rolling Stoned. The great stinking life-sucking leech clamped onto the a** of humanity is socialism.
Ping me if you get the link back up. I’m glad someone is finally exposing GS. I would be very interested to know how many Enron traders found homes with GS.
If you do a little googling you see that Goldman Sachs has already responded to to Taibbi
If Goldman Sachs stands to make a lot of money...join the fun and buy some. GS on the NYSE. Buffett stands to gain.
....no surprise here...the Rolling Stone has hated capitalism forever....not withstanding that our system has made Jann Wenner(founder of RS) a very,very rich man indeed...here’s Jann and his butt buddy’s new digs:
The financiers LOVE the current arguments about socialism vs capitalism. What we have is neither.... it is almost a feudal system where a few financial oligarchs control everything. While everyone argues about rearranging deck chairs, the Oligarchy robs us blind AND gets complete power.
What a deal..and few care, and few still even understand what is happening. I wonder how many people even know the Fed is private?
If you have flash, that should work, else there’s the PDF
Don’t get me wrong, I don’t like the Rolling Stoned either, but Rick Santilli was talking about this article this morning. All the buzz on the floor of the CME.
Very interesting parallels. If you don’t believe in coincidences, then, this will intrigue your mind. You have to read the entire thing.
Buying political influence and getting set up to make windfalls off the cap and trade scam is not "capitalism."
Engaging in merchantilism and robbing us and our children (like when GS, through Paulson, laundered 13 billion of taxpayer funds through the AIG scam) is not "capitalism."
If any of you consider the ongoing mafia scam perpetuated by the incestuous GS/Fed/Treasury cronies "capitalism," then I don't want your version of capitalism. Nor would any, decent intelligent American if they understood it.
Pinged, for the link above, you need flash or Acrobat Reader
Two of Goldman Sachs brightest stars manage Al Gore’s Generation Investment Management LTD based in the UK. This multi-billion-dollar investment fund two years ago got the Church of England’s financial board to invest $200 million.
The gummint’s buddies get subsidized, the rest of us get sodomized............
The ones I feel the most sorry for are the ones who have fought, continue to fight and have died for this great land. Their sacrifices are being spit on by the current populace of this country and it's good for excrement leadership in business and government.
Just my two cents...
Sure, there's plenty of graft and corruption and it's sickening, but I'm not about to read a whole lot Tabibi writes about it.
HOw can you say there's no bias here or hatred of capitalism? The article reeks of it. Just pay attention to the tone and language. Have you read anything else by this guy? The POS went to Leningrad State, for crying out loud, no kidding, and that's just for starters. Honestly, Marx could write a more objective piece.
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