Show me the money…..um, er…

 “THE GOLDMAN SACHS WORLDVIEW – $7 an hour.”

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The last post gave Goldman Sachs predictions for the coming year, “SNAFU” (with a big rider on the Euro staying afloat). Thanks to I.M.F. boss Christine “let them eat cake” Lagarde, it should see the year out. It’s a fair bet that a great many people around the world will have a shit year because of what Goldman Sachs has activated.

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 Whatever happens financially Goldman Sachs wins, betting on winners and losers, currency trading, “hypothetical future value” (Enron) or Credit Default swaps, or “re-hypothecasition”. (For a great explanation of this and the “SHADOW BANKING SYSTEM”  go to ; http://www.zerohedge.com/news/why-uk-trail-mf-global-collapse-may-have-apocalyptic-consequences-eurozone-canadian-banks-jeffe

Still the best article written on Goldman Sachs is Matt Taibbi from Rolling Stone at ; http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405

Here the Occupy Movement in U.S. tries to pick up some of the pieces that lay shattered on the ground from Goldman Sachs’ practice of bundling shonky mortgages together and selling them as “financial products.”

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American author Barbara Ehrenreich wrote “Nickel and Dimed” together with “Bright Sided” exploring the difficulties experienced by the “working poor” trying to get by on $7 per hour, the minimum wage in U.S.A., meanwhile the 1% surrounding Lloyd Blankfein’s space fill the air with hubris and nonchalance. This is being repeated in European countries who are now experiencing severe austerity measures ON TOP OF 23% unemployment (SPAIN) to offset the extreme waste and self obsession of the past 10 years.

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LONE VOICES in the fight to free the U.S. from corporate influence are Ralph Nader and RON PAUL. Paul is a Republican Presidential candidate in the current selection process but very rarely gets in the news overseas,

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Al Jazeera gives a specific “root” for the Greek and ultimately European financial crisis and yes GOLDMAN SACHS has its head deep in the trough.

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So the Greek future is clouded with G.S. gas and pressure is building again in the most troubled member of the eurozone. Government spokesman Pantelis Kapsis warned this morning that Greece could be forced out of the eurozone unless it can agree the details of its second rescue package, worth €130bn. Kapsis told Skai TV that:

The bailout agreement needs to be signed otherwise we will be out of the markets, out of the euro…The situation will be much worse.

That €130bn package was agreed in principle last October, at an EU summit in Brussels. Nearly 10 weeks later, the Greek government still hasn’t agreed its side of the deal – yet more austerity cutbacks, and a debt-swap deal with its creditors. Kapsis warned that “The next three to fourth months are the most crucial.”

The immediate priority is to hammer out a deal with Greece’s debt-holders. The original plan was for a 50% haircut, but IMF officials are now indicating that this may not be enough to repair Greece’s finances.

National Bank of Greece president Vassilis Rapanos has also warned that Greeks must either lower their standard of living, or quit the euro and turn the clock back by decades

Rapanos told an audience at the Athens Stock Exchange that the first quarter of 2012 will be decisive for the country, as he conducted the traditional cutting of the New Year cake.

ALL THIS INFORMATION ABOUT THE WAY SOCIETY NOW OPERATES IS OUT THERE AND VISIBLE – WITH A FINANCIAL SECTOR THAT IS ABOVE THE LAW, FREE TO PAY ITSELF WHAT IT CHOOSES ; THAT STEADFASTLY REFUSES TO CONTRIBUTE TO FIXING THE PROBLEMS IT HAS CAUSED AND SEEING THE WORLD IT NOW DOMINATES AND PLUNDERS SUBJECTED TO SLOW ECOLOGICAL DESTRUCTION.

Goldman Sachs Does Rule The World.

THE CRIME OF THE MILLENIUM
As news breaks of the recent UNDEMOCRATIC appointments of heads of governments in Greece and Italy, I am reposting this “prescient” news item by Alessio Rastani made on September 29th.

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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.           Matt Taibbi, Rolling Stone.

Read more: http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405#ixzz1dtUKNSEs

Yesterday’s post was centred upon the issue of the UNDEMOCRATIC placement of unelected technocrats to head the governments of Greece and Italy, and the dramatic effects that will have on democracy as we know it. The amazing story that broke today in the French newspaper Le Monde, traced the employment history of Lucas Papademos, (Greek Prime Minister), Mario Monti (Italian Prime Minister) and Mario Draghi (Head of the European Central Bank) and found that all 3, until recently worked for, or have been in partnership with, GOLDMAN SACHS.

 

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Goldman Sachs rules the world.

Stock market trader Alessio Rastani set the world back in their lounge chairs with perhaps the most truthful statement ever explaining why global governments are impotent and unable to provide a society fit for the majority of its inhabitants. Matt Taibbi, Rolling Stone journalist had detailed exactly the same thing in an long, but very readable article in April 2010 on Goldman Sachs (see link below). The bottom line – they just don’t care about anything else but money. Continue reading