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 ...
Perhaps I wasn't clear.
My contention isn't that Rolling Stone and/or the author aren't pinkos. It's that their pinko-ism is irrelevant to the objective facts laid out in the article.
IOW, it wouldn't matter if Marx himself wrote the piece. The fact remains that the Goldman Sachs (et al) Syndicate is a parasitic structure that thrives by sucking life and production from hapless American families. They do it largely through buying political influence and exploiting Washington cronyism.
Today's "cap & trade" scam is just one lone example. If GS and GE didn't stand to make a fortune from it, it would be happening. However, now our kids get to pay, and their kids get rich. Our kids also get to pay for the 13 bil of taxpayers money they laundered through AIG a la' Paulson also.
Am I making any more sense?
*wouldn't*
He may be a leftist fool, and it may have a bias, but if you read the whole article, he even states “this isn’t free market.”
The facts are there, if you choose to ignore them, than I can’t help.
It's an appalling situation, that's for sure. I'm sick over it. Between its homegrown leftists and all the thieving SOBs in high places, America may have just met its match.
No one’s ignoring any of the facts. I know the market isn’t free. But I’ll get my facts elsewhere, thanks. I’m sure they’ll survive. No reflection on you whatsoever, fightinblu, implied or explicit. I just can’t tolerate the man.
Well said.
GS has far too much power and they will wreck everything if they are not stopped.
free republic salute to you :-).
I understand, that’s why I prefaced my disgust and distaste for the Rolling Stoned as well.
The SEC just requested a copy of the new movie about this called Stock Shock. Finally doing something pro-active!!!! Article here:
http://satwaves.com/blog/2009/06/26/sec-investigating-illegal-naked-short-selling/
This is why we’re screwed. The truth will alwasy tarnish both sides of the political aisle, and some (if not most) will not stand for their sacred cows being slaughtered. So the truth is ignored, and the inevitable marches on.
Bernie Madoff was a piker compared to these guys.
And if you were paying over $4.00 a gallon for gas last summer... guess what? Goldman Sachs was behind it... at the time oil rose to $147 a barrel... the demand for oil was declining and the stockpile of oil was increasing... in short... the commodity market should have worked and lowered the price of oil... instead... oil went from $60 a barrel to $147 a barrel...
And that was only one bubble that was created by Goldman Sachs... the writer exposed 5 of them and the future 6th bubble that will dwarf them all... cap 'n trade... carbon credit commodity markets...
You NEED to read that full article... not the excerpts... and believe me... you WILL get pissed at GS...
I just finished reading the complete article and boy! I was pissed... my neighbor actually heard me muttering in the back porch and came over to ask me why... LOL!!
Seriously... Goldman Sachs is screwing everyone royally... and get this... in 2008 alone... guess how much taxes they paid? LESS THAN 1 freakin' percent!!
They screwed everyone in United States with their schemes... and then shipped off their revenues to low tax countries...
Absolutely... everyone on FR should be reading the complete article... boy, I'm really steamed about this... I remember how much I had to pay to gas up my truck last year...
And GS just gets a hand slap and to add insult to injury... GS just ships their revenues offshore and paid less than 1% in taxes... grrrr!
Good post.
bookmark
note: this article was posted several times
Your going to get a kick out of this one
http://www.businessinsider.com/vanity-fair-talks-about-the-marc-spilker-shrubbery-incident-2009-12
How does Palin fight these kind of multi-billionaires?
I know what you mean. I’ve been thinking the same thing. Well Romney already lost once—even with all that money, doesn’t mean he can’t lose again!
here are a few things for starters:
1) Palin already has the advantage of having gone through the harshest parts of the media meat grinder. So there honestly aren’t any more smears left that’ll resignate with the public—I don’t even think her resignation will matter to voters that much.
2) She understands the media better now and she’ll work all the tools at her disposal (facebook, youtube, talk radio) to her advantage. She also has a very LOYAL grassroots base, who will be willing to donate money (every cent helps) and campaign for her (with no pay.)
3) We already know Palin has the talent to do well in debates and the ability to skillfully expose her Republican opponents’ hypocrisy and flip floppy records without outright disrespecting them. Hopefully that alone will damage the credibility of other candidates.
4) THere needs to be a huge threat looming of a substantial Third Party uprising “should Palin not be the candidate” (but not before then!)—For some reason I doubt Palin herself would lead such a ticket and she’d ultimately back a mediocre Republican if the stakes are high enough (4 more years of Obama) —but the Romneys of the world need to know that the base + tea partiers will not just “settle for anyone” anymore.
(and I don’t want to think about the potential of a “Romney/Palin” ticket—oye and I would not be thrilled w/ Romney as a runningmate either.)
5) It’d be helpful for moderates in the primaries to take away Romney votes.
6) Huckabee needs to not run, so he won’t split votes that would go to Palin.
7) Conservatives in the media need to start NOW in exposing the GOP establishment for what it is.
8) We all need to pray, campaign, and vote real hard!
I cannot seriously believe that Governor Palin would run as VP, and I definitely don’t believe that she’d ever run again with a RINO.
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