Posted on 10/04/2009 11:55:15 AM PDT by Tribune7
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.
Any attempt to construct a narrative around all the former Goldmanites in influential positions quickly becomes an absurd and pointless exercise, like trying to make a list of everything. What you need to know is the big picture: If America is circling the drain, Goldman Sachs has found a way to be that drain — an extremely unfortunate loophole in the system of Western democratic capitalism, which never foresaw that in a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.
(Excerpt) Read more at rollingstone.com ...
It rips Clinton, it rips Dubya and it rips 0 and it makes perfect sense and it explains why certain types just hate Sarah Palin.
Steve Cordasco on WPHT was taking about this, this morning.
bookmark
I hear that Goldman Sachs is a front for the Trilateral Commission and owns a fleet of black helicopters.
Secondly, it has been posted on FR before. If you are interested, read my post on that thread, where I went through the article in detail.
Thirdly, as I also mentioned in the earlier thread, the author is a standard charlatan who has never done anything in his life for more than one year or so.
What do YOU find so instructive in the article?
If you have three and a half hours for a history of banking lesson see:
“The Money Masters”
http://video.google.com/videoplay?docid=-515319560256183936#
“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.”
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This article is quite famous among the powerful top level bankers that I know —— and they all believe it to be very well written, important, and true.
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Please sir, more stimulus and more prop-up and more ... and more etc.
AND THIS IS THE GREAT 'For the little guy' DEMOCRAT PARTY?!?!?! Why do I get the feeling that there are more John Corzine Democrats than there are Wall Street Republicans? Has the NYSlimes infected them all into wanting a giant government that they can get favors from while instituting such rigorous rules as to keep out any competition?
A lot of this stuff I know -- Rubin was as Goldie, Paulson was a Goldie, Geithner was a Goldie; G-S got a bailout whereas Lehman didn't etc. -- OTOH, I wasn't aware how much 0 was beholden to G-S nor was I aware of G-S' involvement in the oil price fluctuations.
It certainly explains why Geithner's tail was saved whereas there was no problem throwing Daschle under the bus.
And why do all our presidents have to have at least one treasury secretary from Goldman-Sachs, it seems, even if they are caught cheating on their taxes?
WPTH's Cordasco said this morning that someone made $200 million in March '08 betting $1 million that Bear-Sterns stock would crash in a week. Is that true?
if you substitute "Jews" for "Goldman Sachs," you get a standard piece of Nazi propaganda of 1930s.
If you substitute "Jews" for Lehman Brothers, you get a standard piece of Nazi action of the 1930s.
Did a seach, btw, and didn't see any previous post of this.
http://www.freerepublic.com/focus/news/2301629/posts?page=49#49
Ny reply may be found here:
http://www.freerepublic.com/focus/news/2301629/replies?c=49
bump
It is an interesting article.
The answer is quite simple: because GS attracts and keeps the best talent.
You can similarly ask, Why 20% of all Supreme Court Justices have been graduates of Harvard Law? The answer would be the same: because Harvard was (at least until a couple of decades ago) the best law school in the country.
See, no conspiracy.
The answer is quite simple: because GS attracts and keeps the best talent
Totally agree, they are the best at leveraging their investments in their puppet politicians to make sure they always come out on top. These guys are brilliant when it comes to cronyism, corruption, and bending the US taxpayer over the barrel to bail them out for another round of “ponzi” schemes to make them even more rich. Everyone should admire these guys and desire to imitate them. Nothing could be better for our country.
Geithner can't even figure out his taxes (or cover up his cheating.)
No talent there.
What a perverse view of talent.
bttt
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