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The most frustrating thing for me is why we only seem to have a choice between no commodity markets and an efficient market with Goldman running around in it like an unchecked band of pinstriped pirates. Why can’t we have an efficient market where the ones who operate and control it are prevented by real regulation from eventually destroying it for profit?
Rest assured, if this Cap and Trade market is allowed to evolve in the same fashion that other commodity markets have, every major company with a carbon footprint will eventually be threatened by Goldman’s controlling presence in that market. There will be cases, like there have been in the past, where a major power utility company is faced with this dilemma: either pay Goldman a fortune to unwind a carbon swap hedge (and possibly go bankrupt in the process) or shut down their operation and default on their delivery obligation to their customers. That should sound like a catastrophe to most people. To the Gold-man it’s a gold mine.
you just gotta laugh too as cramer always rushes to protect GS and ignore ANY conflicts of interest that 90% of others see
my brother phoned me this a.m. in an exicted state, that I seldom hear in his voice.
he told me I needed to read this article.
As with many past articles printed in Rolling Stones, this one lays in all out there.
Problem is what can we do ?
It is truly a scary time for those of us who see not only what has really happened to our country....
but where it may be going.
I believe the greed of the few will ultimately destroy us.
P.S. I am definetly not now or have never been " a conspiracy theory type"
just well read and able to spot the truth when I see it.
Thanks For Posting The Article !
M.P.
San Diego, Ca.
"Fast-Forward to today. It's early June in Washington, D.C. Barack Obama, a popular young politician whose leading private campaign donor was an investment bank called Goldman Sachs - its employees paid some $981,000 to his campaign - sits in the White House."
Not sure why Taibbi left out Geithner, but Larry Summers is mentioned a number of times as a major player in this mess.
"...the last two heads of the Federal Reserve Bank of New York - which, incidentally, is now in charge of overseeing Goldman - not to mention..."
Don't you remember George Bush pushing for the NAU (North American Union). Remember, he met with the premiere of Canada, and the president of Mexico...and they began to build a highway through the U.S. from Mexico to Canada. Only because activists, on both sides of the aisle, protested, did they stop. At least, temporarily. That agreement made without our knowledge or the consent of Congress is tabled somewhere in some damn Congressional committee. David Rockefeller, a leader of this evil illuminati recently came out and thanked the directors of the Washington Post, the Washington Times, and a few other treasonous rags....thanked them for not exposing their years of behind-the-scences machination toward a New World Order. Think of America as a fascist country, with no Constitution, freedoms, etc. under the direction of a handful of wealthy. In Rockefeller's memoirs, he mentioned on page 403 about the New World Order, and that he doesn't apologize to anyone. I guess wealthy people honestlly believe that they have a right to be evilly arrogant when talking about controlling other people's lives.
Finally, when you as a member of one useless political party rage against the other useless political party, you bring a thrill to the hearts of these evil people, because you are distracted from what is happening around you. What do you think the War on Terror is all about?
Stop wasting your time raging, get busy and do some homework.
Canada does have "premiers" they are the equivalent to your Senators. I recall Bush meeting with our Prime Minister (who is the head of state).
http://www.rollingstone.com/politics/story/2280...
Obama on the Trail
He's delivering the same message Democrats always rely on. So why does it sound like a clarion call this time around?
MATT TAIBBI
Posted Sep 18, 2008 8:00 AM
...But even I find myself being seduced by Obama, despite everything I know about the party he represents, its record and where it gets its money. There's just something about the guy; he has that effect.
Obama manages to appeal somehow to that part of us that is tired of there always being another side of the story when it comes to our presidents. We don't want to live in a world where there's always a set of lurid secret tapes that will come out someday, or a mistress with a cigar in her twat hidden off-camera somewhere, or a backroom deal to juice a prewar intelligence report for a bunch of oil-fat-cat golf buddies.
We've become trained to look for the man behind the mask, for in real life there is no one whose emotional life is confined to a lifelong, passionate love for his high school sweetheart wife and their two children, an undying appreciation for the sacrifice of soldiers, awe before the flag and concern for the future of the middle class. Oh, and a burning passion for reducing dependence on foreign oil 30 percent by 2018 and for full federal funding for special education. Because that's the standard we set for our presidential candidates; anyone who reveals himself to have other things going on inside, to be more human than that, never makes it this far.
But I'm not sure there is a mask when it comes to Barack Obama. It sounds crazy, but he might actually be this guy, this couldn't-possibly-exist guy, inside and out. I heard Joe Lieberman talk about his middle-class dad, I heard Hillary plaster every corner of Pennsylvania with talk about her grandfather's sojourn in the lace factory, I heard John Edwards tell everyone who would listen, and even some who wouldn't, about what being the son of a millworker meant to him, and in every case I could feel the cold hand of political calculation crawling up my shirt as they spoke.
Then I hear Obama tell audiences about his grandmother and her time working on a bomber assembly line during World War II. Intellectually I know it's the same thing — but when you actually watch him in person, you get this crazy sense that these schlock ready-for-paperback patriotic tales really are a big part of his emotional makeup. You listen to him talking about his grandfather waving a little American flag on the Hawaiian beach as he watched the astronauts come in to shore, and you can almost see that these moments actually have some kind of poetic meaning for him, and that he views his own already-historic run as a continuation of that pat-but-inspirational childhood story — putting a man on the moon then, putting a black man in the White House now.
... But all in all, you never get a sense that there's a more interesting side of Obama lurking underneath somewhere. Oddly enough, the guy only really lights up when he starts delivering those same ham-handed lines about the American Dream that fell out of the mouths of Dean and Kerry like dead bullfrogs.
And maybe that's the difference. When those other guys took this act on the campaign trail, it was obvious they were just reading lines in a bad script. But maybe it sounds different coming from Obama because he actually means what he says, as weird as that would be. The American Dream, after all, is dying. We do need something new. That much is painfully obvious.
What's confusing about Obama is that he's so successful at projecting an air of genuineness and honesty, even as he navigates the veritable Mount Everest of fakery and onerous bullshit that is our modern electoral system. And the reason it's confusing is that we've grown so used to presidential candidates who fall short of the images they present in public, we don't even know anymore what a man worth the office would look like. Is this him? Or is this just a guy with a gift for concealing the ugliness of the system he represents? As I watch Obama on the campaign trail, I know I'm listening to the Same Old Shit, delivered by a candidate who could cross the Atlantic on a bridge constructed entirely from Wall Street cash culled for him by party hacks and insiders. But I suddenly don't care.
http://trueslant.com/matttaibbi/2009/04/09/summ...
Anyways, play the ball - not the player. Right?
He told us one big lie after another and people drank his Kool-aid. I don't hold that against Taibbi, particularly since he now realizes he was wrong to have supported this man who represented himself as the one to CHANGE things, but is just doing more of the same ole - same ole, but actually MUCH worse!
I enjoyed the piece he did on GS.
This Russian blogger, who wrote the article "American Capitalism Out With a Wimper" that appeared in Pravda a few weeks ago and went viral on the blogsphere, has been all over it. He calls the greenies "watermelons" because they are green on the outside but Marxist red on the inside.
http://mat-rodina.blogspot.com/2009/06/green-ne...
Nonsense, but nice.
"We urge the United States government to reject the global warming agreement that was written in Kyoto, Japan in December, 1997, and any other similar proposals. The proposed limits on greenhouse gases would harm the environment, hinder the advance of science and technology, and damage the health and welfare of mankind.
There is no convincing scientific evidence that human release of carbon dioxide, methane, or other greenhouse gases is causing or will, in the foreseeable future, cause catastrophic heating of the Earth's atmosphere and disruption of the Earth's climate. Moreover, there is substantial scientific evidence that increases in atmospheric carbon dioxide produce many beneficial effects upon the natural plant and animal environments of the Earth.'' 31,478 American scientists, including 9,029 men and women with PhD degrees, 3,803 with specific training in atmospheric, earth, and environmental sciences. All 31,478 of the signers have the necessary training in physics, chemistry, and mathematics to understand and evaluate the scientific data relevant to the human-caused global warming hypothesis and to the effects of human activities upon environmental quality. Don't believe me? Good. Research for yourself. www.petitionproject.org. But wait, you won't. Or will you? A closed mind is an empty mind. Dr. M L Pacifico
http://www.youtube.com/watch?v=5P8mlF8KT6I
But you won't watch that, will you? ; )
http://debunking.pbworks.com/Oregon-Petition
Every single aspect of that petition, its history and its substance, was and continues to be a shameless attempt at blatant deception which ironically does nothing else but "harm the environment, hinder the advance of science and technology, and damage the health and welfare of mankind." But after all, even the Devil can quote the Bible for his own purposes.
What is amazing is that there is still enough character left in that many scientists to sign such a petition despite all the PC pressure to conform with Gore's propaganda machine. Thanks to them the crucial lie of there being a consensus of scientists believing Al Gore's nonsense has been exposed.
"Don't believe me? Good. Research for yourself. http://debunking.pbworks.com/Oregon-Petition But wait, you won't. Or will you? A closed mind is an empty mind. Dr. M L Pacifico"
Dude, are you just gonna take that from him?? :O
PS. Watermelon is my favorite fruit! : )
These people need jailtime. F*ck the guy stealing 15 dollars from some guy in the street getting life in jail, these people need life in jail for making a 100 million people starve to death, while bringing the global economy crumbling down, all for profit.
On second thought, they need the electric chair. That scum does not deserve anything better.
There's no money in disastrous climate change. Which is why I referred to our children inheriting the problem.
This is from a Russian Blogger
Green, The New Name of Totalitarianism
As record cold strikes the world, from freezing temperatures and snow, in late May, covering central North America, to snow storms in May in Yekaterinburg and other areas of western Siberia (and no, unlike what most people think, that is not normal) to record cold temperatures in Australia and New Zealand, the Global Warming ruckus is being proven by nature to be nothing but lies. When it is said, record cold temperatures in Australia, that means, since colonization, thus some 200 years. This when by the standards of the Green screech, all life should have self combusted in the Australian wilderness, yet snow covers the ground.
The list of records goes on and on, from once in a hundred year snow falls in Saudi Arabia and Jordon, falling twice in a row now, to snow in Morocco and on the Gulf Coast East Texas (even if it only lasted a single day, it was still an event of rarity for the area). From an "empty" North Pole recovering all the ice it lost over the past fifty years, in one single winter and building up more. To glaciers, in Alaska and New Zealand, growing so fast, that their movement down hill is measurable in meters per day: sit back, drink a couple of liters of beer and watch the glacier actual move towards you.
The only part of the world that has experienced warmer temperatures has been Russia and Eastern Europe, and then only European Russia. Why? Simple, the Siberian winds have been mostly blowing east over into North America and not West into Russia and the rest of Eastern Europe.
Interestingly enough, the sun has been silent for almost a year: no sunspots. Why does that matter? easy: sunspots cause increases in solar radiation (heat), thus no sunspots, less heat and another major hole in the man made global warming lies.
But, dear reader, I digress. What is Man Made Global Warming (MMGW)? Why nothing more than the latest manufactured crisis by the Watermelons (Green on the outside, Marxist Red on the inside) to control humanity and not just in a few Western nations but world wide. With little or no real science but with a world class fear mongering PR machine, the Watermelons have scared the average sheeple (citizen) of most major nations, into willingly sticking his and or her neck into the noose of totalitarian control, all in the name of saving the world from a crisis that does not exist. Outside the fact that carbon dioxide (read: plant food) is a green house gas on a Lafler Curve...thus diminishing returns, and considering that water vapor holds ten times as much heat and that plant food and water means more (gasp) plants, thus a greener, richer planet, the obvious trend in the climate is not warming, but quite the opposite.
Yet the scared public, foolish in their self love, that they are capable of controlling God's creation as only God can (but humanism killed God, as if hubris could) is more than willing to let an elite answerable to none, dictate and control how they live, love and procreate (because population control is always part of these "solutions").
Combined with the world wide economic collapse, the Green Threat of MMGW, will prove the final nail in the coffin of human freedom, dignity and hope. Now there is some serious change!
Mutatis mutandis...
The shear fact that you are cheerleading a piece in Rolling Stone magazine makes me loose all respect for you. I understand the subject matter is GS and GS does manipulate the market for themselves, and more recently, the Obama administration.
Rolling Stone will print anything, and everything to stir the pot and scrap together a few anti-government, liberal, college bong head readers.
9 month ago they were sucking obama's d*ck in every page of that mag to propagandize his ass into the whitehouse - something that happened successfully I might add. And NOW their anti-obama, anti-big government - when you and I both know the white house has their hand on the puppet strings of the GS machine. The folks who edit that crap need to pick a team and stick to it. They hopp back and fourth political lines, business lines, every issue and pretty soon they will want obama out of the whitehouse.
Go pick up an issue of that crap from 0ct 08 and compare to june 09. It is the exact OPPOSITE!!!! PICK A F*CKING SIDE.
Tyler - please use other forms of media than RS. Your better than that. you might as well start touting the UC Berkley student newpaper as a great source for political firepower.
Kudo's to guys like Matt, and our very own TD and ZH for doing what they do.
He has been very hard on Obama.
If I have a choice I'd rather read 'news' from sources that don't have a side. Give me the facts and let me make up my own mind.
I'm glad a mag like Rolling Stone is writing an article on this sort of thing... Too many people are blissfully unaware at how messed up some of the dealings going on right now are.
All I am saying is that 9 months ago RS mag was kissing Obama's ass like he was baby jesus now they are critical of GS when Obama is the one pressuring GS to manipulate the markets to their fullest! The only reason they are critical of GS is because it has now moved to become the hot button issue, just as the election of an African American president was back in oct/nov. How can you support obama's election- wishing for "hope and change" and then 9 months later be up his market manipulation machines ass. What hope and change? big government is bigger now thanks too worthless toilet paper like RS.
Sorry about that you left wing liberal bunny huggers - but i just can't take any stock in RS magazine. RS magazine is a manipulated media outlet, just like CNBC- only on the other other side of the political spectrum.
Be sure to discuss my grammatical errors and not the topic. thanks
You don't really need to read the article to know this, but the general gist is that the average individual investor isn't just playing to a different set of rules than the likes of Goldman, he's playing a different game, on a different field, on the other side of the planet. The 'system' is completely rigged and unfortunately for you and I, it's not rigged in our favor. It's been this way since before you, me (and Obama) were even a twinkle in our old mans eyes.
Hooray for Rolling stone for giving some insight into how rigged it all is to an audience that otherwise may not get any.
Does liking one article mean I suddenly think Rolling Stone is a must read? That suddenly I give a shit about when Britney Spears last got her hair cut? Of course not. Similarly, I don't give a shit if the magazine is pro Obama, or what their general opinion of just about anything is. If they present some good info, I'll happily read it, then form my own.
As for 'left wing liberal bunny huggers' - did you mix this blog up with moveon.org or something?
Those intelligent persons are well represented at ZH in my view.
Joe "6-pack, I watch American Idol, I am too in debt to care who is stealing my money" American doesn't f'ing read zerohedge. They might read RS while waiting to get their tooth pulled at the dentist. Better they read this than an article about Boring and Psycho plus 8.
The same people that voted for obama are not the same people that will read this article and sell their GS positions.
The same people WHO voted for obama are not the same people WHO........
Get over your tendentiousness, dude. And yourself.
RS is mainstream propaganda garbage. ZH is underground behind the curtain shit. I like underground behind the curtain shit and so should all of you. Okay i guess topics/opinions can overlap everyonce in a while but seriously give RS a medal why don't you??
If TD wanted this to be uber-exclusive, he would have shut it down a while ago. The idea is to blow up and reset a rotting, perverted system. If you're into ZH because you think it gives you avant garde cred, you might be missing the point.
sounds like an indie band argument in williamsburg.
Your real problem is that you seem to need your information packaged and sanitized from a particular angle. That's the kind of thing most who consider ourselves intellectuals abhor. If you're bright enough to connect the dots, you don't necessarily want someone doing it for you... even if they agree with you.
PS: I suspect the majority of TD followers lean more in the libertarian or conservative directions.
You apparently want a magazine that writes articles that are favorable to your opinions always. Hmm, sounds like you need to start a magazine of your own instead of whining like a vagina.
The shear fact that you can't spell the word 'lose' makes me loose all respect for you.
the argument that this article is bad because some rolling stone articles are bad, is like saying that all animals are dogs, because a dog is an animal....
why don't you criticize the article rather than
If they pushed The One into the White House as you think, wouldn't you want these guys getting out the real sharp tools for GS.
The truth sometimes makes strange bedfellows of otherwise irreconcilable people.
what,what,what?
SEC: relax, it will help them to improve their balance sheet, and release some credit tension w/n Economy.
GS: lalalalala, ( can't hear you ), lalalalala
SEC: they confirmed that it is all legal
Mr O : lalalalala (can't hear you, but will trust you) lalalalala
I suggest you go somewhere like-minded if disappointed in the posts and keep open forums OPEN TO ALL MINDS!
And it's true--the average joe is not going to watch Frontline, NOW, EXPOSE, Moyer or any other great programs on the above, I'm glad to see it in mainstream.
I don't buy the whole argument, there are too many leaps of logic in it. Its easy to find one scape goat in a systemic failure, and easy means intellectual laziness.
Some of the conjecture borders on fantasy. "..convinced AIG to sell CDS ...". How one firm can convince another to set up a new business line for their benefit and the others detriment is not plausible in reality. I wish I had that kind of super-natural influence.
And it doesn't really mention the inconvenient facts about how Rubin left Treasury to preside over the destruction of Citgroup with all his "wicked smharts in equations and shit". That the most eggregious behaviour in the dot-com days were by Credit Suisse, Morgan Stanley and Citibank analysts.
So they have been nimble enough to avoid the smack down that inevitably comes from asset bubbles deflating. Thats not illegal.
Is there a case that Goldman is a fattest (and smartest) pig of them all? Yes, there is.
Do they use their influence in government to further their goals? Yes they do.
Are they the only people who do? No.
Are they solely responsible for the current mess? No, they are not.
Are they greedy and crooked? Yes greedy. Crooked? Is exploiting loopholes crooked or opportunistic? Remember, on wall street thats a feature of the system, not a bug. I wish the outragists would acknowledge that in the beginning.
Does this rant border on the populist side with wild conjecture? Yes, it does.
Can all financial disasters from the 29 crash to today be neatly pinned on one company? Hmm, I would say this was a good effort, but sadly has pulp fiction quality to it. I am not convinced. I mean, if it were so, then I would have an easier time believing Global Warming. Dynamic systems don;t work that way.
Yeah, if there is a functioning chain of command. When AIG's Cassano was given a license to print money it just takes a handshake. When CALPERS is a kingmaker in hedgefund land then it just takes one phone call. And when Goldman is a revolving door for regulators then it just takes one discreetly submitted request.
And the glue that holds it all together is all these assholes believe in some form of trickle down so they can feel on balance they're doing good (i'll give some away, i'm facilitating markets, i employ 10 people at my mansion).
No of course the host to the parasite doesn't think they're doing anything self defeating. The whole point of a ponzi is that the investors think they'll get something better than their investment.
Talk about trying to dig your way out of a hole.
The one private company responsible is NOT GS but the FEDERAL RESERVE and their fiat money.
"Banking was conceived in iniquity and born in sin. The Bankers own the earth. Take it away
from them, but leave them the power to create deposits, and with the flick of the pen they will
create enough deposits to buy it back again. However, take away that power, and all the great
fortunes like mine will disappear — as they ought to in order to make this a happier and better
world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own
slavery, then let them continue to create deposits.”
Sir Joshua Stamp (1880-1941), one time governor of the Bank of England, in his
Commencement Address at the University of Texas in 1927.
Get the RedCutz ECA Stack at:
http://www.thatswholesale.com
There are other things to do but this will suffice for a start. Bottom line -------> It's too late. Too late.
I guess we should all blame Mom and Dad for not steering us the right direction,"eh?
Hey didn't GS proclaim Oil prices are going to be 30 to 50% higher in a matter of a month or two?
They underwrite or facilitate the USO ETF do they not.
Screw the fundamentals, it's all about the dumb fucks. A fool and his money are soon parted.
I'd offer odds but Goldman Sachs would probably buy all the spreads, then buy CDS against them and ask for a bailout afterwards.
" A tribe, is a social group of humans connected by a shared system of values and organized for mutual care, defense, and survival beyond that which could be attained by a lone individual or family. "
Anybody who expresses disgust at the debauchery in our politico-economic system is branded an anti-semite. Why ?
To answer your question, simply because gov't and finance are predominantly Jewish controlled sectors. Any attack on the players that happen to be Jewish is automatically an attack specifically on Jews (anti-semitic), according to the Jewish lobby and their attack dogs (ADL, SPLC, AIPAC, etc). The purpose is to invoke a "think stopper" reaction to try to get the reader to disregard the content as "racist" and therefore somehow inaccurate or biased, whether it is or not. It's the same reason why anyone that criticizes Israeli policies or US policy towards Israel is automatically "anti-semitic" and labeled as such by ADL. It's bullshit but it is what it is.
And since that announcement, JASO has about doubled. But it's still trading cheap.
If you can't beat 'em...
Lot more information on
http://www.tigersoft.com/Tiger-Blogs/index.htm
April 9, 2009 Goldman Sachs Is "The GREED CONNECTION" between Wall Street and Washington
May 15, 2009 Obama is 98% Fraud and 2% Backbone.
May 5, 2009 Credit Default Swaps Are An Illegal Fraud.
May 4, 2009 (2) Goldman Sachs Is Program Trading for Its Own Account with Bailout Billions.
April 25, 2009 Massive Federal Reserve Fraud and Corruption Story Breaking..
Bernanke Covers Up Hundreds of Billions of Dollars in Losses
from Bad Loans The Fed Made To Banks Using Toxic Collateral.
April 25, 2009 See On-Going Research Project on Goldman Sachs Criminal Fraud.
Lots and lotrs more. Have a look.
is no free markets, only welfare capitalism and socialism for capitalism.
hat tip to http://investmintideas.blogspot.com/ for the good articles
That's a straw man. What specific claim did the article make that you disagree with? Is there a single accusation made that readers of this blog would find even mildly surprising? Hell, most readers of this blog take it as a given that Goldman, JP Morgan, etc.. are manipulating stock prices to prop the market up as part of the PPT.
When you rely on the state to protect you from everything.......You're going to get gamed. Thats the cost of protection. We're getting everything we deserve. And the more you deny it, the longer and harder its going to take to fix it.
As for this appearing in Rolling Stone....are they going to take a harsh look at Fannie or Freddie, we bitch about GS but fucking Chris Dodd still gets his seat? The CRA is completely blameless? And how exactly was Glass-Steagall going to prevent this? Fucking community banks have been buying MBS since Raneri and Co. created the damn market. How the hell would that have made a difference? Everybody wrote the shit. Everybody sold the shit. And everybody kept this shit. You would've just had more clients to sell a CDO to if Glass-Steagall.
Then its a crime to short the CDOs! Oh christ. Its criminal to hedge! I'm not shocked this is in R.S. Fuck. When ducks quack. FEED THEM!
I'm just shocked the readers of ZH are falling for this worn out populism.
With CO2
:)
I guess all we have to do is invest in Horizon Wind and Changing World Techs...and know when to sell.
Goldman
Sachs
Rubin
Bernanke
Greenspan
Geithner
Summers
Weinberg
Maier
Cramer
Corzine
Levin
Aron
They are the establishment. They don't have much in common with the man in the street whatever his race or creed.
Marcus Goldman - Jewish
Samuel Sachs - Jewish
Robert Rubin - Jewish
Ben Bernanke - Jewish
Alan Greenspan - Jewish
Timothy Geithner - This one took some digging and the search results are interesting. It looks like the final answer is that he's not Jewish, but it's surprisingly difficult to get a straight read on the subject.
Lawrence Summers - Jewish
Sidney Weinberg - Jewish (but he doesn't really fit into this list since he steadily and responsibly grew GS. Am I missing something?)
Nicholas Maier - Couldn't find this one. Based on the name it's plausible.
Jim Cramer - Jewish
Jon Corzine - Not Jewish
Neil Levin - Jewish (he was killed in the 9/11 WTC attacks)
Jacob Aron - Jewish (but he has nothing to do with this issue. his company started as a coffee-importing concern in the late 1890s)
Not sure what this adds to the conversation, but I figured it would be best to do away with any innuendo and just present the facts. Also, this list is clearly cherry-picked from a much larger list of GS insiders who aren't Jewish, so keep that in mind before jumping to any conclusions.
Bill Gross - Jewish (Bailing out Freddie/Fannie bailed out PIMCO)
Larry Fink - Jewish (Blackrock gets tons of FED/Treasury Contracts - Chinese Wall my a$$)
Hank Greenberg - Jewish (C.V. Starr & AIG would be worth Negative or Zero)
John Paulson - Jewish (Try collecting your in-the-money CDS from a bankrupt Goldman)
Federal Reserve - Jewish (Obama is giving these idiots that ruined our economy even more power)
Makers of the movie "The International" - Jewish (Make a boring movie about an evil international bank where everybody is Norwegian - but freely stereotype every other ethnic group besides yourselves)
LOL
Nate/coachslife
TJ
And please note the difference between oppressed US and the oppressed Iranians: We have weapons...
TD, thanks for sharing. How can this manipulation (100,000,000 go hungry being the very worst indignation) end?
Since OPEC controls roughly 40% of the world's oil supply and openly tries to manipulate oil prices -- but fails... why would a supposedly learned market commentator like "Tyler" buy into this tinfoil hat nonsense?
Goldman is one of the largest (often THE largest) dark pool operators-- fine. Goldman is one of the most active broker dealers in the US -- fine. Goldman was the largest CDS counterparty to AIG, and Paulson effectively saved his alma matter from bankruptcy -- OK. Whether you believe these allegations or not -- they are at least plausible.
Goldman simply does not and CAN NOT own enough oil in the global markets to make a difference. The oil futures market is tiny compared to all the OTC contracts. If Saudi Arabia and Venezeula and Iran (to name a few) cannot control oil prices -- its just absurd for Tyler to suggest Goldman can do so.
What? Whether you believe it or not? Gary, that's *exactly* what he did. It's public record. I really don't think you get these people. If your death would make them ten dollars, that would be just fine with them. These are horrible people. I've met some of them and they'll tell you with a smile that any increase in profit margin is desirable, regardless of the human cost. You and everyone in your family is either helping them make money or a hindrance. It's merely an accident of birth that you haven't been screwed over or killed by their policies like so many people have been. Understand that clearly.
As to the oil, re-read the part where traders at one point traded more on paper than sat in all the tanks in the world, including the SPR? What do you think that would do to oil prices? OPEC can't do that because OPEC doesn't have the mechanism to achieve it, namely GS. What Taibbi is saying is that you're right, in normal market situations it would be impossible to have such an impact, but they needed to have that impact to make killer margins, so they tampered with the rules. Tada, they got what they wanted. The proof's in their profits.
i don't see it playing anywhere.
Think it may be time to restore our republic? Anyone for some insurrection?
http://fdicjpmwrongfultakeover.blogspot.com/
into the hands of the people that caused the problem in the first place, such as JP Morgan Chase (originator of
credit derivatives) and Goldman Sachs
Alt A and Option Arm loans-reset-the entire recovery-based on accounting fraud
Alt A and Option Arm loans will reset soon. And don't forget the entire recovery has been based on accounting
fraud- namely credit value adjustments.
They are the walking "Sleeping DEAD" and all "Hell" is eventually going to "Break Loose"
The Bankruptcys by all the Saudis and company
in trouble are going to be the next "Lehman"
Bros-!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
” Beloved brethren in Moses, we have received your letter in which you tell us of the anxieties and misfortunes which you are enduring. We are pierced by as great pain to hear it as yourselves.
The advice of the Grand Satraps and Rabbis is the following:
1. As for what you say that the King of Spain obliges you to become Christians: do it, since you cannot do otherwise.
2. As for what you say about the command to despoil you of your property: make your sons merchants that they may despoil, little by little, the Christians of theirs.
3. As for what you say about making attempts on your lives: make your sons doctors and apothecaries, that they may take away Christians’ lives.
4. As for what you say of their destroying your synagogues: make your sons canons and clerics in order that they may destroy their churches. [Emphasis mine]
5. As for the many other vexations you complain of: arrange that your sons become advocates and lawyers, and see that they always mix in affairs of State, that by putting Christians under your yoke you may dominate the world and be avenged on them.
6. Do not swerve from this order that we give you, because you will find by experience that, humiliated as you are, you will reach the actuality of power.
(Signed) PRINCE OF THE JEWS OF CONSTANTINOPLE.”
2. The reply is found in the sixteenth century Spanish book, La Silva Curiosa, by Julio-Iniguez de Medrano (Paris, Orry, 1608), on pages 156 and 157, with the following explanation: “This letter following was found in the archives of Toledo by the Hermit of Salamanca, (while) searching the ancient records of the kingdoms of Spain; and, as it is expressive and remarkable, I wish to write it here.” — vide, photostat facing page 80.
~ The above was quoted from Waters Flowing Eastward by Paquita de Shishmareff, pp. 73-74
acutally it was hank baby when he was ceo of goldie that petitioned congress to raise the leverage limit from 15x to 40x,, and the bastids passed it,, back in 02/03.
there is even more to this story,, it's a book of deception and theft,, but it was a fine
job,, now where is my pitchfork?
http://forums.somethingawful.com/showthread.php...
with a fringe cubed radical political philosophy.
http://www.marijuanaparty.ca/forum.html
thread entitled
Some Monetary System articles ...
Lots more bla, bla, blah on these topics.
Also, deeper theories about WHY the
real world is controlled by huge lies
backed up with lots of violence, that
refrains from collapsing back to the
same old bullies' bullshit ideals when
proposing solutions, or, in other words,
eschews false fundamental dichotomies
when discussing WHY we really have a
gangster government, based upon the
principles of gangster governments,
and how the biggest gangsters are
the banksters, like Goldman Sachs.
Deeper truth is that all human knowledge
must necessarily be relative illusions and
therefore, everything everybody "knows"
is a relative lie, and that it IS, & MUST BE,
that human beings live as robbers in the
environment, and all groups of humans
operate as gangs of robbers, and that,
the only real solutions are equilibria
in the rates of social robbery, which
are harder to achieve when people
are brainwashed to believe in the
impossible ideals promoted by
the biggest bullies' bullshit ...
The Bankers clean up after the AIPAC 9/11 cover up.
Words are plentiful deeds are precious.
Uncle Tom or Uncle Sam?
Neocon Obama?
“...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.”
I have no financial or person interest in Goldman. I just cant stand misinformed individual and writers blasting blind opinions as facts. Taibbi is simply looking for a whipping boy because he most likely signed a mortgage he didn't understand and wants someone to blame.
Don't be surprised if Goldman slips a little mayhem cash to the Nigerian Rebels to bounce the oil bubble higher so they can sell out to the suckers before the big meltdown in the fall again. These guys suck more blood than a 2 ton tick
Of course, CSFB, UBS, DB, Barclays and others had nothing to do with the Bubble.
Deep Depression, Hyper-inflation, Dollar Devaluation, a Federal Government bankruptcy, 25%+ unemployment and the US will be ready to push the POGROM button too. Human Nature Never Changes, no matter how much brain-washing they do to us. History Always Repeats Itself.
A classical psycologist observes, describes, predicts and then influences behavior. I think it is time to go beyong discussing the past and start preparing for our future.
If you have a guess as to what the superbankers will do next, I'd like to hear it.
Thanks,
Everybody rolls with their fingers crossed
Everybody knows that the war is over
Everybody knows the good guys lost
Everybody knows the fight was fixed
The poor stay poor, the rich get rich
Thats how it goes
Everybody knows
Everybody knows that the boat is leaking
Everybody knows that the captain lied
Everybody got this broken feeling
Like their father or their dog just died
Everybody talking to their pockets
Everybody wants a box of chocolates
And a long stem rose
Everybody knows
Everybody knows that you love me baby
Everybody knows that you really do
Everybody knows that youve been faithful
Ah give or take a night or two
Everybody knows youve been discreet
But there were so many people you just had to meet
Without your clothes
And everybody knows
Everybody knows, everybody knows
Thats how it goes
Everybody knows
Everybody knows, everybody knows
Thats how it goes
Everybody knows
And everybody knows that its now or never
Everybody knows that its me or you
And everybody knows that you live forever
Ah when youve done a line or two
Everybody knows the deal is rotten
Old black joes still pickin cotton
For your ribbons and bows
And everybody knows
And everybody knows that the plague is coming
Everybody knows that its moving fast
Everybody knows that the naked man and woman
Are just a shining artifact of the past
Everybody knows the scene is dead
But theres gonna be a meter on your bed
That will disclose
What everybody knows
And everybody knows that youre in trouble
Everybody knows what youve been through
From the bloody cross on top of calvary
To the beach of malibu
Everybody knows its coming apart
Take one last look at this sacred heart
Before it blows
And everybody knows
Everybody knows, everybody knows
Thats how it goes
Everybody knows
Oh everybody knows, everybody knows
Thats how it goes
Everybody knows
Everybody knows
________________________________________________________________________
Written by the Great Leonard Cohen and Sharon Robinson
________________________________________________________________________
Some of you may have heard the above song by Leonard Cohen... Very appropriate for these times... even though it was written about a generation ago.......
Did you ever wonder where the money for things like the subversion of the world's immigration laws may come from? Recently, I’m also seeing an ad campaign, using money we don’t have, to sell us on a new health plan.
It seems to me as long as we allow people to print up fiat money there will be no place in the world where freedom can flourish.
If the Globalist oppose your efforts, paid for with real hard earned money, all they have to do is fire up the presses and shovel the money to any group that will oppose you.
Not only that but it seems they do it in such a way that the money to achieve THEIR goals is borrowed from them. Then we pay interest to a group outside of our country, like the Federal Reserve, on the creation and borrowing of OUR OWN money.
IN ESSENCE THEY BEAT US WITH OUR OWN STICK!
http://www.rollingstone.com/politics/story/2881...
the American consumer followed that simple saying Goldman or any other
investment bank would not have been in a position to gain from last
years economic collapse nor any other time in history. http://www.voicedup.com/?p=682
http://www.redcounty.com/goldman-sachs-sucker-p...
You need to read Matt Taibbi's articles, "The Big Takeover," and "The Great American Bubble Machine."
This is not about left or right, republican or democrat. This is about America.
Google "The Obama Deception" and watch the video. It will show you that the American Whitehouse is run by a shadow government, and has been through Bush 1, Bill Clinton, George Bush and now Obama. These men were put into the presidency by the three goups of wealthy, sick, egotists, which include many corporate heads, some politicians from the past and present, some of the press, etc. When a republican talks against a democrat and a dem talks against a republican, that is exactly what these people want. They love the distraction from their fascist agenda. There is no diffence between the two parties, they are both owned.
The only tool I have found is critcal mass. The voluntarily uninformed victims in the world must become aware of who really runs the world and their motives. They want to control the basics like banking, commodities, freight transportation, popular media and government. The majority will not join the fight unless they know how these things affect their lives. To make a difference I believe we need a simple message that those with impaired attention spans can grab a hold of. The banking collapse was useful to educate people but who drew a line between that and the banking history of the Bush family. Why didn't America draw a straight line between oil, and the oil history of Bush and Cheney. Why hasn't America realized 911 was a false flag operation to give those in control a green flag to take away our privacy and freedom and make a huge profit shorting the stock market and gaining more control of oil?
The crimes of the power elite are too numerous for the average person to wrap their head around and often too incredulous to draw a motive line from point A to point B. We must inform people one at a time to how the world really works. While the power elite dimbs down the media we must take the responsibility to inform those close to us of the past present and future. If enough people fight we might have half a chance to create a critical mass of awareness.
I also believe we must grow strong on what the enemy leaves behind. Put a lot of effort in researching banks and commodity stocks and put 5% of your portfolio in them. They say Goldman Sachs is a great buy right now, do you want to win? Keep your enemy closer maybe?
I absolutely agree with you. We are getting more and more information on the Internet about these "savage monsters" who control the world, the banks and the media. All I see are the few investigative journalists, Scahill, and Taibbi, and commentators like Alex Jones...sending out this information to the public. Yes, damn it, we get it, now what do we do to stop them? Most bloggers just make cynical comments like...oh well, we're moving to a fascist government...or some such nonsense. Where are the fighters, I want to join.
and bring these monsters down. Michael Ruppert, (on You Tube) and Howard
Sinn, and even scientists like Steven Weinberg a Leading Physics, and
Richard Dawkins and of Course the great words of George Carlin (also on You
Tube) May he rest in peace or just get the hell up and come back here where
he is needed. Bill Moyers (The Secret Government) of PBS is also one of the
major purveyors of the Truth in our government.The reader informed upper
middle class are aware of the travesties of the USA but they are a
minorities yet. The stupid non reading lower Middle Class must be educated
to the facts. America is on the road to perdition and the world evil doers
are leading the way unopposed. American coup started happening with the
signing of the National security State by Harry S Truman in 1947? I think.
And it has been finally completed. We have no America. So we must wait for
the time to take it back.
Crisis of Character is certainly a subject that appeals to me. What's your thesis and how do you develop it?
the Age of Skepticism."
Among many things, it calls for an end to the "corporate exception," the
sense among corporate managers that large organizations are exempt from the
principles of conduct that apply to the rest of society. Scrutiny of
corporate behavior in the age of the Internet makes operating by this
exception risky behavior.
The book will be published by Union Square Press / Sterling Publishing
(owned by Barnes & Noble) on Oct. 6.
Blog: www.peterfirestein.com
Regards,
Peter Firestein
Goldman Sachs bought The New York Stock Exchange and put in a Computer Clerk to run it in John Thain. Got rid of the regulations that were put in by Franklin Roosevelt (uptick rule) . They got 10 billion in bailout money they did not need thanks to Hank Paulson a former partner who still owns shares. I live in New York and unfortunitly I get New Jersey Governor commercials that Corzine blast Christie for getting his brother off for stock fraud when it was Goldman Sachs, Corzines Company that Todd Christie worked for. The company is evil and there is nothing we can do about that because they have been in every presidental cabinet for the past 20 years.
___________________
Rozydesouza
Entertainment at one stop
Not.
Learn to Trade
http://tradingvsa.weebly.com
Stick to the KKK or get some professional help, fool.