Raise your hand, your right hand, starting from your mid-chest. Bend your elbow so your hand is parallel with your breast, fingers extended and thrust it perpendicular at about a 45 degree angle, palm open, fingers straight and stiff and all together, if you are very familiar with a little company called Goldman Sachs. Heute Deutschland, morgen die Welt!! To you too motherfucker! For the rest of us not so STA-PRESSED, corporately inclined, this is a little info as to how deeply we are phqued!!
Goldman Sachs was founded in 1869 by Marcus Goldman and his son by marrige, Samuel Sachs. Headquartered in L.M. New York. It pretty much started every Goddamn thing that's ever been tried or seen on the Stock Market, including, but not limited to a 1928 "closed-end fund" that is pretty much a fucking Ponzi scheme. Seems as though their shenanigans started early. Lots more bullshit company history I won't bore you with. Hell! After researching these stooges, even I felt as though someone had given me about 20 Thorazine!
Cookin' with Gas right up to 1934, Congress passed the Glass-Steagall Act. This law was supposed to shield Americans from dubious stock brokers and shit bum bankers. In the mid '90's under Clinton( sorry liberals, Clinton is a wanker too) 1/2 of the law was revoked. Remember the Dot.Com Bust? Remember anyone going to the Pokey for any of that? I didn't think so... That same year, then CEO of Goldman, HANK PAULSON, made sweet love to Congress to rescind the other half of the law. Then BLAMMO!! Mr. Paulson gets a cushy job as Treasury Secretary ala' Georgie Poo 2 ( A.K.A. the demon corporate ass-crust). Ah... It's good to be a Robber Baron! Who you know and who you blow, I guess...
Anybody remember that scallawag Ivan Boesky? 'Member all the fun he had?! All the damage he did?? NO! Prolly smoking your first 'pinner' filled with Oregano, or trying to get to 2nd base with that pimply faced hominid you were so fond of! You know... The one you were gonna marry or flail yourself off a cliff if it didn't work out, committing a modern day Romeo and Juliet, or some awkward, teen angst bullshit like that. Ivan got the inside scoop from David Brown, (Goldman robot), who was also convicted. Robert Freeman got slammed too. A close butt bud of Robert Rubin ( all you NPR Hippies oughta know that Ewok in Jew clothing or vise versa. Which BTW, NPR is the CIA man!) Too many names for ya yet? It'll give you something to do, after pulling off your 35th speed-wank in less than an hour. Gotta give Mr. Meat Missile a little down time, eh?
2008, Goldman Sachs earned $25 million from underwriting Cali Bonds, but advised their clients to"short" those very same bonds. Any Macroeconomists in the audience? "Shorting" bonds is betting the state defaults. So what? this drives up the cost... Anyone getting a picture yet?
Let's try this tact. Hank Paulson, Lawrence Summers, Robert Rubin, Tim Geithner, Mark Patterson. All people that were or are now at the very top in the governmental Echelon! LOOK THOSE FUCKTARDS UP! Even that MR. "CHANGE" dude that's now in office has seemed to consider it business as usual as far as this is concerned. Look at who he's recommending/ed/already in place for top Fed/ Treasury jobs.
In 2008 "Goldy" got $10 billion in TARP only to pay hundreds of millions of dollars in bonuses to 1500 some odd employees. 300+ getting $2 mil. and 900+ getting $1 mil.!!!
Wanna hear a quote? Person interviewing, " Does the US Secretary of the Treasury work for the people or does he work for the banking system on Wall Street?" Respondent, "He works for Goldman Sachs." This is a former Assistant Secretary of Treasury!
Have you had enough? I got more! Uncle?!
One might ask why I'm dredging up this shit again. If one is.. Go to your local hardware store, preferably one of the mega chains that has put the mom and pop places outta business. Walk straight in to the gardening department. Find the section that has the largest gardening shears one can find. Probably made in China with metal extracted from the teeth of the workers at the plant that died from malnourishment, or nano-particle inhalation. Take it off of the shelf, making sure to take out as many of your fellow consumers ( since that's all we are you know ) and commit a nice bloody Sepaku right there in the aisle, while screaming " I did it for the money, Ma!"
I dredge this up again because like the saying goes..." We learn from history that we learn nothing from history" George Bernard Shaw. Read some history Dammit!!
That's O.K. Jesus still loves you. AnGry bRaDY
NOW go have fun at thE Mall.......
2 comments:
Excellent piece, kinda scary but not surprising. Tell us more about what happened to the meat of the Glass-Steagall Act and where did Summers, Rubin, Geithner and Patterson come from.
Yes, it's true...Dems and Repubs are all flotsam and jetsam from the old bung-hole. Some worse than others. WE NEED LIBERTARIANS - and those who are guilty of treasonous crimes (see above Glass-Steagall repeal) need to be hanged, after they're eviscerated and burned over 100% of their bodies with blowtorches, whilst dangling from their genitals. Not necessarily in that order.
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