Goldman Sachs: Equal Opportunity Employer

Goldman Sachs continues to maintain a 20% allotment of white and other non- Jewish employees. Most of them are assigned to public relation slots. They are the "face" of Goldman in public venues. Whites come in handy when Goldman is summoned before Congress. It's an image thing. There is so much baggage and so little time or inclination to clean it up.

Of course Yankees like Hank Paulson could teach Shylock a thing or two. And let's not forget Congress. For every theft by Goldman Sachs there was an equal amount of doors cracked open by Congress so Goldman could enter.

Goldman Sachs and End Times

And it came to pass that a Goldman Sachs broker committed suicide. And all knew that the end times had arrived.

And it came to pass that the New Jerusalem provided a new stock exchange to replace the rapture of the old New York Stock Exchange which was cleared of the homeless.

And it came to pass that the Speaker of the House Pelosi was led by the 16 Jewish Senators to the steps of the White House which was inhabited by a black man. They shouted, " B.O. must G.O.".

And it came to pass that BO did indeed go . 

And it came to pass that Mayor Bloomberg was lifted up helped also by his elevator shoes to become the rabbi/president of the New Jerusalem.

And they all shouted, " What could possibly go wrong now?"

AIG Bonus Issue Is Just A Red Herring

So how does one run across the backs of alligators without getting eaten? First chum the waters with some red meat and while the critters are munching on the screaming bait you hot-foot across their backs.

Now use "AIG bonus issue" for the screaming red meat and use the snarling congressional panel for the alligators and the hot-footed one will be Goldman Sachs a.k.a. Government Sachs who will escape the glare and jaws of government, public and the news media.

Cui bono? Who profited from the enabling Commodity Futures Modernization Act of 2000? Goldman Sachs et all were the ones who introduced these financial derivatives products from hell that took down brokers, bankers and now threatens the world financial system. The products by law couldn't be regulated or have oversight by any agency including state gaming commissions! They planned well. The bonus babies at AIG are mere fodder at $160 million. AIG alone cost the taxpayers $180 billion for being Goldman Sachs' favorite customer who would say "yes" to any product that Goldman proposed.

But Goldman needed help from the federal government to get the Modernization Act of 2000 into law. For that job they recruited former Senator Phil Gramm of Texas, Senator Richard Lugar of Indiana and others. So government was equally criminally irresponsible for passing this law. That's why the bonus babies at AIG are being scapegoated.

The Next Financial Shoe To Drop

Here's a quick tutorial on the root cause of the 1930's Great Depression since it increasingly looks like we will replay that whole episode in slow-motion. Sure the market crashed but the reason for the depression was the failure of the banks. The banks failed because they speculated in the stock market. E.G. Morgan Bank owned Morgan Stanley brokerage .Those speculations went south and people ran on the banks to withdraw deposits. The rest is history.

After the Crash and bank failures, legislation was passed that included the Bank Act of 1935 a.k.a. Glass Steagall. It prohibited banks from ever owning brokers or insurance companies. In 1999 , Glass Steagall was struck down. Banks then did the obvious and bought insurance companies and stock brokers. Also brokers bought insurance companies and banks.

" What could possibly go wrong?". Well first there was the failure of Bear Stearns which was bought by JP Morgan Chase and today Lehman Brothers went Chapter 11 and Bank Of America bought Merrill Lynch. Morgan Stanley and Goldman Sachs are in the wings looking for deep pocket partners i.e. some bank with fat deposits of unsuspecting civilians.

So we have gone full circle with banks now back in the brokerage business in spades. The next time the brokers fail they will take their respective bank owners with them. What's a civilian to do among these financial terrorists? First avoid any bank with a brokerage or insurance subsidiary. Limit all deposits to FDIC limits. Keep some cash at home and a weapon for protection.

Our society has resorted to money as the cure all and to that end we have printed literally bales of it. But like a house of cards, paper can't take much weight.

How To Build Personal Worth And Avoid Disappointment

Looks like Lehman Brothers will follow Bear Stearns into a shotgun merger. The buzz on Wall Street sounds like Merrill Lynch is next and then AIG and then Goldman Sachs and then.....

The effective tactic that turns these once blue chip stocks of the financial sector into a powdered form is the classic "bear raid". It's nothing new. It was around before the Crash of '29. It was used by Joe Kennedy and the very successful but suicide Jesse Livermore. Simply a group of speculators target a stock and then relentlessly sell it thus creating a panic in the financial markets till it spills over into the real world. And then it either goes bankrupt or is forced into an arranged merger. And members of the bear raid group profit from the collapse of the stock price . The "effective tactic" was the bear raid. But the fundamental reason that enabled the bear raid tactic to work was the questionable value of the underlying business of the targeted stock in the first place. It begs the question, "If these companies are so valuable, then how come they can be sold down so far?".

I.E. could a bear raid be successful if Wall Street operators tried to sell a $50.00 bag of groceries for $10.00? Or how successful could a manipulator be selling a gallon of gasoline for $1.50? Not successful because groceries and gasoline have intrinsic and recognizable value with a large market. Shares of Bear Stearns, Lehman, Merrill or whoever really when, push comes to shove, don't have intrinsic value. They operate on the "greater fool" theory. That's why the machinations of Wall Street bear raids acn be pulled off. Everyone kind of knows or suspects that Wall Street can't last .

If one is interested in building self worth and avoiding future disruptions then one should join with other like-minded, value-added individuals for a barter system . Then the group can freeze out grifters, politicians, Wall Street operators and all the other usual suspects.

Consider The Ear Of Corn

Is life getting too complicated? Is it too political? Are there too many people? I would say "Yes". Consider the collateral damage from all of the above to corn.

Corn comes beautifully husked with elegant silk styles inside for protection and also provides a decorative flair. It was picked off stalks that could be 10 feet tall in the quiet fields of what were the Great Plains. Corn is stored sunlight with all the nutrients that it could absorb from the earth and the moisture of past rains. It provides nutritional food for a later time. That's where we started.

But now it has become a commodity that Goldman Sachs and other greasers from Wall Street want to corner. They want to drive up the price so their managed accounts can have exorbitant profits. Some of those profits will help Goldman pay for its new 43 story building at 200 West Street in Mamhattan. The construction costs are app. $2.4 billion. What was affordable corn now affords "Guys n' Dolls" looking brokers inappropriate overpriced clothing.

Then there are the thieves in our Congress that want to use corn as a weapon against terrorists by mitigating the accumulation of petrodollars in the Mideast. Never mind that the corn-based ethanol costs more to produce than it can be sold for. The actual beneficiary of this boondoggle are the corn lobbys. How are you going to keep them down on the farm, once they know how to steal big time?

What's a body to do? Vote Libertarian, promote population REDUCTION and plant or share a garden.

Consider: Might The Russian Menace Be Not

The worried pundits are wringing their hands about the Russians and a start up of the Cold War. But Cheney, the American Enterprise Institute and the Neocons are rubbing their hands in gleeful anticipation of a start up of the Cold War- oppurtunity calls. And the American people just rub the fast food grease from their hands before they plug in, turn on and tune out with their electronic entertainment.

The Russian menace is thought to come in a variety of ways. But on second thought we may have already have faced far worse than the Russians cold inflict anew. For example, Russia could manipulate the oil markets. But hasn't Goldman Sachs and others already done that? At least Russia does have oil to sell whereas Goldman Sachs only sells snake oil.

Russia could sell surface-to-surface missles to Syria and disrupt the Zionists plans to nuke Syria at will. Hey anyone who can slow down the Zionazis can't be all bad. Russia might slow the U.S. imperial build up of foreign bases around the world. But that would free up resources for infrastructure here in the U.S. So that could be blessing in disguise.

But what about Venezuela, Hamas, Hezzbollah , Iran and Iraq? Don't we need Russia's help from those threats? How about keeping it simple? The U.S. should just preoccupy itself with domestic challenges and leave out "foreign entanglements". Then we wouldn't need Russia's help.

Thursday Morning With Dick And George

Early Thursday morning Dick Cheney bolts into the private quarters of George and Laura Bush. Laura is munching on a cold pizza and reading a tabloid. She doesn't notice Dick. Bush is snoring loudly from under his pillow.

Cheney almost yelling, " Get up you worthless son of a bitch. You got a speech to make ".

Bush flips him the middle finger and asks, " What speech you fat fuck, chosen people or lower taxes?"

Now Cheney is red in the face, " It's the ' I really mean to bomb Iran' speech, you little jerk monkey".

Bush with a particularly dense-look, " Didn't I do that yesterday?".

Cheney in a panic, " Yeah but the market is down over 200. Goldman Sachs just advised clients to sell General Motors, Citigroup and Wall Street brokers. Ya can't trust those filthy Yankees and Jews at that kike firm. Next they will advise sales on Halliburton and the military-industrial complex. We've got to beat the war drums."

Now an anxious Bush fires, " Gee why did'nt you tell me earlier? Hey Dick when I'm out of here can I still have that Dairy Queen in El Paso?"

"You fuckin' useful idiot, of course you can. But don't look for me or Rummy or your pickaninny to come by . Get dressed".

Oil Profiteers: Goldman Sachs Or Exxon Mobil ?

The debate rages over $140 oil. Is it supply/demand and an oil industry windfall or Wall Street manipulation--- or both ? At least motorists can get a tank of gas from Exxon. What do motorists get from suspected oil futures manipulators like Goldman Sachs?

In the past 12 months Exxon Mobil had gross profit of $172 billion. It's net was $42 billion. The average wage of its 82,000 employees was $12,000 per year. By comparison in the past 12 months Goldman Sachs had gross profit of $88 billion. It's net after salaries and bonuses was $10 billion. The average wage of it's 26,000 employees was a staggering $622,000 per year.

Since 2000, Goldman Sachs and other Wall Street brokers have successfuly lobbied for a liberalization of oil futures regulation . Goldman has consistently wrote investment advisories predicting dramatically higher oil prices while simultaneously building large proprietary long postions. At the same time Goldman and others created large pools of pension funds and investors to buy oil futures for their respective portfolios and thus take advantage of the liberating new regulations on oil futures. The net result is higher oil prices without a shortage as the reason. And a large part of the revenue from increase in prices going to the criminals at Goldman and their investment pool accomplices.

Interestingly present Secretary of Treasury and former Goldman Sachs CEO Henry Paulson, said," The rise in oil futures is strictly [because] supply/demand." He is also against re-regulating the certain parts of oil futures trading that he had lobbied to change some years back while at Goldman!

Causes Of High Oil Prices: Politics & Market Manipulation.

When is an "oil shortage" not an oil shortage? When there is no rationing and oil is available . Why do we have high-priced oil if there is no oil shortage? We have high-priced oil because market speculators, hedge funds and commodity funds have poured billions into the oil futures market . This has driven up the price of oil and effectively distorted the relationship between actual supply and demand.

The enabling legislation that allows market manipulation was passed in December 2000. It was called the Commodities Futures Modernization Act. It provided for no oversight or regulation for the newly introduced financial derivatives called "swaps". That allowed organizations like Enron to speculate in the futures and energy markets with little or no margin and with "off books" entities. That Enron tailored legislation has been subsequently tailored for mainline investors like CALPERS (California's giant pension fund). The rest is history.

Former Texas Senator Phil Gramm was the lead Senator in introducing the legislation. He is a close advisor to Presidential hopeful John McCain. Look out! Also Wendy Gramm, who just happened to be the head of the Commodity Furures Trading Commission and Phil's wife, some 8 years earlier through an executive ruling exempted Enron from CFTC positions limits and regulations. And the rest is history.

Goldman Sachs is suspected of playing a prominent role in the oil futures price manipulation. Our last two Secretarys of the Treasury were former Goldman Sachs CEOs-Robert Rubin and Henry Paulson. Do you think that Goldman has gotten too big for the country's good?