Showing posts with label Goldman Sachs. Show all posts
Showing posts with label Goldman Sachs. Show all posts

Friday, May 4, 2012

Proponents of One World Socialism

Remember these photos below?  Well nothing has changed much except a few of the elites have changed seats and many more of the little people have woken up…

NEW WORLD ORDER PROPONENTS
"One World Socialist" Organizations - U.S. Democratic Party - Federal Reserve - Goldman Sachs - CRIME, INC. - Bilderberg - Council on Foreign Relations - United Nations - Trilateral Commission - Microsoft - Google - Apple – Facebook - More

Obama - New World Order - Bilderberg

HERE'S ONE FOR THE PHOTO ALBUM: Obama seems extremely pleased to be photographed surrounded by socialists, communists and terrorists... so much so, he gave the "thumbs up". Communist Obama and Communist Russian President, Dmitri Medvedev, celebrate after agreeing on how to transform the world into a one big socialist planet via G20 financial reforms. Hugging them both is Socialist Italian Prime Minister Silvio Berlusconi, who has an extensive record of and criminal allegations, including mafia collusion, false accounting, tax fraud, corruption, sex with a minor, and bribery of police officers and judges. Summit host and socialist UK Prime Minister, Gordon Brown, said the deal heralded a “New World Order”.

Also shown: Communist China's President, Hu Jintao; Socialists International member and South Africa's President, Kgalema Motlanthe; Prince Saud Al Faisal of Saudi Arabia (country source of fifteen 9/11 terrorists); Ethipoian socialist, terrorist and NEPAD head, Meles Zenawi; Turkey's domineering, anti-secularist and Islamic Extremist Prime Minister, Recep Tayyip Erdogan; and Thailand's Prime Minister and Democrat, Abhisit Vejjajiva, who ascended to power during the 2009 global economic crisis and may be forced from office due to dual citizenship (like Obama).

WHY IS THE U.S. LINKING ITS ECONOMY TO G20 COUNTRIES?

socialist communist marxist maoist G20

Video: Brzezinski (Obama Adviser) "its easier to kill a million people than it is to control them"

Who Are We?… And Is America Done?

John Bolton – Former U.S. Ambassador to the United Nations and author of: Surrender Is Not an Option: Defending America at the United Nations and How Barack Obama is Endangering our National Sovereignty (Encounter Broadsides) said, “We need to have a serious conversation in the United States about how we feel about global government, global governance, the NWO or whatever they call it and seriously consider if that is what we want… and if not what we must do want and what we plan to do to save America!”

REUTERS:

Kissinger in 2008: There will be “Bipartisan” Push for New World Order, Whoever Is Elected President - Why? Because both Obama and McCain we Progressives. The Democratic party has been virtually taken over and transformed by the Progressives, but there are Progressives with the Republican ranks as well. Americans must educate themselves and then vote accordingly. Remember what Jefferson said… in order for our Republic to survive… the populace must be educated and involved~

Rothschild and CIA Publications Attack “Constitution-worshipers”… think about it: Rothchild and the CIA on the same side against Constitutionalists and tea party people… really?

Daniel Hannan - Member of European Parliament and Author of The New Road to Serfdom: A Letter of Warning to America, an important read!

Hannan says people make it sound like global governance is a conspiracy theory… it is not! It is real! European and American leaders are now already talking about it out in the open everywhere (like it is a done deal)… and like with Obama’s rhetoric, too many Americans are not really listening or are too distracted to pay attention!

Hannan also says that you can’t have global governance and democratic votes and freedoms at the same time!  He added that European press is showing the tea party as toothless yokels supporting unelectable candidates. And Hannan said that Chris Christy is exactly the kind of Politian we need to do what needs to be done and to win in these times, so if Christy is not going to run, the he is willing to support certainly seems like a better bet than what we have!

This is Global Governance 2025 by US & EU Intelligence Agencies

Video:  The men behind Barack Obama part 1

Video: The men behind Barack Obama part 2

Obama’s Dead Pool List

6-Jihad in Obama’s Connections

Video/Audio of the moment: Bachmann Calls ‘Rumors of War III’ Documentary Frighteningly Accurate, ‘Absolutely Profound’

Video: RON PAUL CONFIRMS NEW WORLD ORDER!!!

Elite Eugenicists Call For Mass Depopulation, Drastic Reduction In Energy Consumption

There are 78 - 81 Communist Party Members in Congress!

US President and Democratic Party Actively Supporting Communists Get Elected Abroad

“George Soros met with Hillary and Obama.
Soros said his agenda was to tear this economy down to the ground.
Obama said, ‘no problem.’ Hillary said, ‘no way.’”

--> Did Obama Assassinate Clinton Delegates?  <--

OBAMA-THREATEN CLINTONS DAUGHTER? - WHAT HAPPENED TO BREITBART?

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Most people in the US, especially Democrats, believe that the Obama Birther Movement was started by Republicans and or the Tea Party. They believe it is a smear campaign aimed to tarnish the image of their hero of change. But they may be shocked to learn that the Birther Movement was actually started by former President Bill Clinton and Hillary back in 2008.

In an exclusive interview by WND, Bettina Viviano was a vice president with Amblin Enterntainment, Steven Spielberg’s company, before launching her own film production company in 1990. In 2008, Viviano was asked to produce a documentary about voter fraud within the Democratic Party. At the time, she says she was not a Democrat or a Republican and in fact had never voted in an election. She went into the project with the sole purpose of producing the best and most accurate documentary possible.

During the documentary process, Viviano says that she quickly became aware of just how dangerous and insidious the Obama campaign was. A number of the Democrats she interviewed refused to appear on camera and told her that their lives and property had been threatened by people working with the Obama campaign.

She also heard former President Bill Clinton say that Obama was not eligible to be president because of his lack of birth records. In fact, she said it was common knowledge around many top Democrats. Bill Clinton has often said that he would go public with the information when the time was right.

Before that could happen, his close friend and head of the Arkansas Democratic Party, Bill Gwatney was murdered in his office and then someone told Bill that he was next if he said anything about Obama’s eligibility. In the video below, she said that Clinton was not intimidated until someone associated with the Obama campaign told him that his daughter Chelsea would be next if he opened his mouth. From that point on, the Clinton’s remained silent about Obama’s birth certificate or lack thereof.

This is a powerful video from a lady that has nothing to gain and probably everything to lose by coming forward with her information. It could well ruin her career in Hollywood as so many of the film industry are flaming liberals. It could also cost her her life.

I took note of how she described the Obama campaign’s reign of terror and intimidation and how well coordinated it was. I thought to myself that if they were bold enough to threaten the life of the Clinton’s daughter then have they made similar threats to all of the leading Republicans in both the House and Senate? Is this why Congress has remained so silent ever since Maricopa County Sheriff Joe Arpaio’s March 1st news conference where he provided the American people with the evidence that Obama’s birth certificate and Selective Service Cards are forgeries?

When you see how blatantly Obama has defied the US Constitution and federal law without any apology or excuses, it’s not hard to believe that he, like every other dictator in history, obtained his position by intimidation, threats and outright violence. Knowing he is capable of this has to make every single American extremely fearful if Obama gets re-elected.

And if the voter fraud will be as prevalent in November as it was in 2008, it seems a sure thing that he will be re-elected. Obama has had the DOJ strike down every voter ID law and any other measure taken, to reduce the chance of voter fraud. They have set the stage for an old fashioned Chicago style election with padded and illegal votes. Wait a minute, he is a Chicago politician, so guess he’s just following local history at a national level.

If he does get re-elected, I’m positive it will mean the end of free elections and free America. We will become another Soviet Union: a land run by an elite group of Marxists who will exploit all of the people for their own personal gain. America, for all intent and purpose will be dead if Obama is re-elected

Just released on WND: GOP lawmaker: Eligibility too scary to take on

AND WHAT REALLY HAPPENED TO BREITBART?

According the the Los Angeles Chief Medical Examiner Lakshmanan Sathyavaglswaran, 43 year-old Andrew Breitbart died of heart failure and “hypertrophic cardiomyopathy with focal coronary atheroscerosis”, which is thickening of the heart muscle and hardening of the arteries for those who don’t speak Sathyavaglswaran-ish. 

But you ask anyone who knew Breitbart, follows politics and media closely and especially anyone who has followed the Clintons and the Obama and they say… not so fast. I think many conservatives suspect foul play in Breitbart's death.

After all Breitbart conveniently died the day before he was launching his new website and just as he was going to launch a new campaign to vet Obama that he had announced at CPAC.  Coincidental?

Then on April 27th… Michael Cormier, forensic technician for L.A. County Coroner, who worked on the Breitbart case,  dies under 'suspicious circumstances, possible arsenic poisoning'.  Another coincidence?

North American Union Isn't Going Away – Obama took over where Bush left off

Conspiracy to some… A frightening reality to more and more… 

You be the judge…

And even if something is a conspiracy… It does not mean it is merely a theory nor does it mean that it it not true~

Thursday, November 17, 2011

Greg Palast: Vulture’s Picnic

The older you get the more you realize how often things are connected and how sometimes things that you thought were at opposite ends of the spectrum actually come full circle and intersect. Such is the case here… see side story at the bottom.

Video: Greg Palast "I Do Investigative Reporting! I Don't Think It's Legal Under Patriot Act 4 In The U.S."

Lazy Ouzo-Swilling, Olive-Pit Spitting Greeks
Or, How Goldman Sacked Greece

Here's what we're told:

Greece's economy blew apart because a bunch of olive-spitting, ouzo-guzzling, lazy-ass Greeks refuse to put in a full day's work, retire while they're still teenagers, pocket pensions fit for a pasha; and they've gone on a social-services spending spree using borrowed money. Now that the bill has come due and the Greeks have to pay with higher taxes and cuts in their big fat welfare state, they run riot, screaming in the streets, busting windows and burning banks.

I don't buy it.  I don't buy it because of the document in my hand marked, "RESTRICTED DISTRIBUTION."

I'll cut to the indictment:  Greece is a crime scene.  The people are victims of a fraud, a scam, a hustle and a flim-flam.   And––cover the children's ears when I say this––a bank named Goldman Sachs is holding the smoking gun.

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This is an adaptation of an excerpt from Vultures' Picnic, Greg Palast's new book, out next week, an investigator's pursuit of petroleum pigs, power pirates and high-finance fraudsters. Read the first chapter or just get the book here.

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In 2002, Goldman Sachs secretly bought up €2.3 billion in Greek government debt, converted it all into yen and dollars, then immediately sold it back to Greece.

Goldman took a huge loss on the trade.

Is Goldman that stupid?

Goldman is stupid—like a fox. The deal was a con, with Goldman making up a phony-baloney exchange rate for the transaction.   Why?

Goldman had cut a secret deal with the Greek government in power then.  Their game:  to conceal a massive budget deficit.  Goldman's fake loss was the Greek government's fake gain.

Goldman would get repayment of its “loss” from the government at loan-shark rates.

The point is, through this crazy and costly legerdemain, Greece's right-wing free-market government was able to pretend its deficits never exceeded 3 percent of GDP.

Cool. Fraudulent but cool.

But flim-flam isn’t cheap these days: On top of murderous interest payments, Goldman charged the Greeks over a quarter billion dollars in fees.

When the new Socialist government of George Papandreou came into office, they opened up the books and Goldman's bats flew out.  Investors' went berserk, demanding monster interest rates to lend more money to roll over this debt.

Greece's panicked bondholders rushed to buy insurance against the nation going bankrupt.  The price of the bond-bust insurance, called a credit default swap (or CDS), also shot through the roof.  Who made a big pile selling the CDS insurance?  Goldman.

And those rotting bags of CDS's sold by Goldman and others? Didn't they know they were handing their customers gold-painted turds?

That's Goldman's specialty.  In 2007, at the same time banks were selling suspect CDS's and CDOs (packaged sub-prime mortgage securities), Goldman held a “net short” position against these securities. That is, Goldman was betting their financial "products" would end up in the toilet. Goldman picked up another half a billion dollars on their "net short" scam.

But, instead of cuffing Goldman's CEO Lloyd Blankfein and parading him in a cage through the streets of Athens, we have the victims of the frauds, the Greek people, blamed.  Blamed and soaked for the cost of it.  The "spread" on Greek bonds (the term used for the risk premium paid on Greece's corrupted debt) has now risen to — get ready for this––$14,000 per family per year.

Euro-nation, the secret Geithner memo, and the Ecuador connection

Why did the Greek government throw its nation's fate into Goldman's greasy hands?  What the heck was in the "RESTRICTED" document? And why did I have to take it to Geneva, to throw it down in front of the Director-General of the WTO for authentication, a creepy French banker I otherwise wouldn't bother to spit on, and then tear off to Quito to share it with the grateful President of Ecuador?

To give you all the answers would require me to write a book.  I have:  Vultures' Picnic––in Pursuit of Petroleum Pigs, Power Pirates and High-Finance Fraudsters.

It's really quite important to me that you read it, that you get it now.  That's a funny statement, I suppose, from an author.  But if you've been reading my stories in The Guardian or watching my reports on BBC Newsnight, you've gotten the facts; but I really want to let you inside the investigations, to cross the continents with me and follow down the leads so that you can get a full picture of The Beasts.  The Beasts and their trophy wives, intelligence agency go-fers, political concubines and bone-breakers.  And besides, it's enormous fun when it's not scary as sh*t.

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Here's a taste of Chapter 12 - The Generalissimo of Globalization - from the film-enhanced eBook edition.  [And more on the 1% Greece-ing us, check out the upcoming issue of In These Times.]

VIDEO:  Vultures' Picnic - Chapter 12 - The Generalissimo of Globalization

Note:  I will be in Chicago for In These Times on November 29, part of our 15 city tour that begins this coming Sunday, November 13, in Portland, then moves to San Francisco, LA, San Diego, Denver, Boulder, New Mexico, Albuquerque, Chicago, Madison, New York, DC, Houston, Burlington, and Atlanta. Find out more info here.

***

Greg Palast is the author of Vultures' Picnic: In Pursuit of Petroleum Pigs, Power Pirates and High-Finance Carnivores, which will be released on November 14 by Penguin USA.

Greg Palast just wrote Vultures' Picnic

Video:  Vulture's Picnic, 1% Vultures Praying on 99% Greg Palast Interview

Related: 

Video: UKIP Nigel Farage – How dare you tell the Italian and Greek People Wath to do!!!  - Nov 2011

Out of the blue I received information from a friend on Greg Palast’s new book:  Vultures' Picnic 

In 1970 two politically active kids were Presidents of their high school classes in Southern California.  Both went through the next 40+ years of their lives involved in writing, photography and political activism… one a progressive and the other a tea party type.  One is Greg Palast and the other is the writer of this was well as several other blogs, Marion Algier.

Amazing how two people, coming from the same high school with opposite points of view can come full circle and actually find some common ground…  agreeing on fraud, corporate greed, inept and corrupt government, banksters and the list surely goes on, while still disagreeing on so much. And fun to look back!

Class Presidents

Poly Class Presidents 1970  - Left:  Greg  and Middle: Marion

By Marion Algier

Ask Marion~  -  h/t to Jean Stoner

Tuesday, April 14, 2009

White House Hesitating To Accept TARP Fund Paybacks – And the Question is Why???

Goldman Sachs is ready to pay back $10 Billion in TARP funds early and White House is giving non-answers to why it is delaying if not not putting pressure on GS executives not to??

Goldman Sachs and others have wanted to pay back their TARP loans and instead of cheering, the Obama White House Appears to be refusing the money?

Why?  Why indeed is the question!!! Perhaps the answer is: 

Obama Wants to Control the Banks

There's a reason he refuses to accept repayment of TARP money.

I must be naive. I really thought the administration would welcome the return of bank bailout money. Some $340 million in TARP cash flowed back this week from four small banks in Louisiana, New York, Indiana and California. This isn't much when we routinely talk in trillions, but clearly that money has not been wasted or otherwise sunk down Wall Street's black hole. So why no cheering as the cash comes back?

My answer: The government wants to control the banks, just as it now controls GM and Chrysler, and will surely control the health industry in the not-too-distant future. Keeping them TARP-stuffed is the key to control. And for this intensely political president, mere influence is not enough. The White House wants to tell 'em what to do. Control. Direct. Command.

It is not for nothing that rage has been turned on those wicked financiers. The banks are at the core of the administration's thrust: By managing the money, government can steer the whole economy even more firmly down the left fork in the road.

If the banks are forced to keep TARP cash -- which was often forced on them in the first place -- the Obama team can work its will on the financial system to unprecedented degree. That's what's happening right now.

Here's a true story first reported by my Fox News colleague Andrew Napolitano (with the names and some details obscured to prevent retaliation). Under the Bush team a prominent and profitable bank, under threat of a damaging public audit, was forced to accept less than $1 billion of TARP money. The government insisted on buying a new class of preferred stock which gave it a tiny, minority position. The money flowed to the bank. Arguably, back then, the Bush administration was acting for purely economic reasons. It wanted to recapitalize the banks to halt a financial panic.

Fast forward to today, and that same bank is begging to give the money back. The chairman offers to write a check, now, with interest. He's been sitting on the cash for months and has felt the dead hand of government threatening to run his business and dictate pay scales. He sees the writing on the wall and he wants out. But the Obama team says no, since unlike the smaller banks that gave their TARP money back, this bank is far more prominent. The bank has also been threatened with "adverse" consequences if its chairman persists. That's politics talking, not economics.

Think about it: If Rick Wagoner can be fired and compact cars can be mandated, why can't a bank with a vault full of TARP money be told where to lend? And since politics drives this administration, why can't special loans and terms be offered to favored constituents, favored industries, or even favored regions? Our prosperity has never been based on the political allocation of credit -- until now.

Which brings me to the Pay for Performance Act, just passed by the House. This is an outstanding example of class warfare. I'm an Englishman. We invented class warfare, and I know it when I see it. This legislation allows the administration to dictate pay for anyone working in any company that takes a dime of TARP money. This is a whip with which to thrash the unpopular bankers, a tool to advance the Obama administration's goal of controlling the financial system.

After 35 years in America, I never thought I would see this. I still can't quite believe we will sit by as this crisis is used to hand control of our economy over to government. But here we are, on the brink. Clearly, I have been naive.

By STUART VARNEYa host on the Fox Business Network.

Saturday, March 28, 2009

Forrest Gump Explains The Banking Mess

Mortgage Backed Securities are like boxes of chocolates. Criminals on Wall Street stole a few chocolates from the boxes and replaced them with turds. Their criminal buddies at Standard & Poor rated these boxes AAA Investment Grade chocolates. These boxes were then sold all over the world to investors. Eventually somebody bites into a turd and discovers the crime. Suddenly nobody trusts American chocolates anymore worldwide.

Hank Paulson now wants the American taxpayers to buy up and hold all these boxes of turd-infested chocolates for $700 billion dollars until the market for turds returns to normal. Meanwhile, Hank’s buddies, the Wall Street criminals who stole all the good chocolates are not being investigated, arrested, or indicted.

Mama always said: ‘Sniff the chocolates first, Forrest’.

Quote of the day from a fund manager:

“This is worse than a divorce… I’ve lost half of my net worth and I still have my wife…”

The bailout–a different perspective:

Back in 1990, the Government seized the Mustang Ranch brothel in Nevada for tax evasion and, as required by law, tried to run it. They failed and it closed. Now we are trusting the economy of our country to a pack of nit-wits who couldn’t make money running a whore house and selling booze?

Posted in Banking, Nationalization, politics at 9:11 am by Administrator - 01.20.09

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