The Goldman Sachs Coup d'Etat

asherbassad

Just thought I'd post this on here to get some feedback about which is an obvious coup by GS to control absolutely everything:

When the people of Greece saw their democratically elected Prime Minister George Papandreou forced out of office in November of 2011 and replaced by an unelected Conservative technocrat, Lucas Papademos, most were unaware of the bigger picture of what was happening all around them.
Similarly, most of us in the United States were equally as ignorant when, in 2008, despite the switchboards at the US Capitol collapsing under the volume of phone calls from constituents urging a “no” vote, our elected representatives voted “yes” at the behest of Bush's Treasury Secretary Henry Paulsen and jammed through the biggest bailout of Wall Street in our nation’s history.
But now, as the Bank of England, a key player in the ongoing Eurozone crisis, announces that former investment banker Mark Carney will be its new chief, we can’t afford to ignore what’s happening around the world.
Steadily – and stealthily – Goldman Sachs is carrying out a global coup d’etat.
There’s one tie that binds Lucas Papademos in Greece, Henry Paulsen in the United States, and Mark Carney in the U.K., and that’s Goldman Sachs. All were former bankers and executives at the Wall Street giant, all assumed prominent positions of power, and all played a hand after the global financial meltdown of 2007-08, thus making sure Goldman Sachs weathered the storm and made significant profits in the process.
But that's just scratching the surface.
As Europe descends into an austerity-induced economic crisis, Goldman Sachs's people are managing the demise of the continent. As the British newspaper The Independent reported earlier this year, the Conservative technocrats currently steering or who have steered post-crash fiscal policy in Greece, Germany, Italy, Belgium, France, and now the UK, all hail from Goldman Sachs. In fact, the head of the European Central Bank itself, Mario Draghi, was the former managing director of Goldman Sachs International.
And here in the United States, after Treasury Secretary and former Goldman CEO Henry Paulsen did his job in 2008 securing Goldman’s multi-billion dollar bailout, he was replaced in the new Obama administration with Tim Geithner who worked very closely with Goldman Sachs as head of the New York Fed and made sure Goldman received more than $14 billion from the bailout of failed insurance giant AIG.
What’s happening here goes back more than a decade.
In 2001, Goldman Sachs secretly helped Greece hide billions of dollars through the use of complex financial instruments like credit default swaps. This allowed Greece to meet the baseline requirements to enter the Eurozone in the first place. But it also created a debt bubble that would later explode and bring about the current economic crisis that’s drowning the entire continent. But, always looking ahead, Goldman protected itself from this debt bubble by betting against Greek bonds, expecting that they would eventually fail.
Ironically, the man who headed up the Central Bank of Greece while this deal was being arranged with Goldman was – drumroll please – Lucas Papademos.
Goldman made similar deals here in the United States, masking the true value of investments, then selling those worthless investments to customers while placing bets that those same investments would eventually fail. The most notorious example was the “Timberwolf” deal, which brought down an Australian hedge fund, and which Goldman Sachs banksters emailed each other about, bragging, “Boy, that Timberwolf was one ****ty deal.”
This sort of behavior by Goldman helped inflate, and then eventually pop, the housing bubble in the United States. The shockwave then ran across the Atlantic, hitting Europe and turning Goldman’s debt-masking deal with Greece years earlier sour, thus deepening the crisis.
All of these antics should have brought about the demise of Goldman as well, but with their alumni in key policy positions on both sides of the Atlantic, Goldman not only survived, it flourished.
As the DailyKos sums up, “The normal scenario usually involves helping a nation hide a problem and sell its debt until the problem blows up into a bubble that bursts in a spectacular way…Goldman Sachs then puts their ‘man’ into a position of power to direct the bailouts so that Goldman gets all its money back and more, while the nation's economy gets gutted.”
For years, tinfoil hat crazies who’ve bookmarked Glenn Beck's websites and often appear as “experts” on Fox so-called News have warned us about a one-world government (here, here, and here). The latest threat, according to them, is Agenda 21 and the creation of a Soviet-style world authority that will confiscate private party everywhere, redistribute wealth to developing nations, and force us all to live by new global laws that sacrifice our national sovereignty. It’s totalitarian governments and not transnational corporations that we should be afraid of, they warn.
But when the tinfoil hat is removed, you can see that a sort of one-world government has already been established in a far more subtle form, through the rise of Goldman Sachs and their colleagues in the Wall Street elite.
A million questions arise when looking at what’s happening around the world. But many of these questions can be answered, once it’s acknowledged that Goldman Sachs alumni have executed a global coup d’etat.
Why are the working people of Greece, Portugal, Spain, and Italy suffering under austerity and being asked to sacrifice their pensions, their wages, and their jobs when, after five years, it’s clear these policies are only making these nations’ debts even harder to pay off?
It’s because Goldman Sachs is sucking the last remaining wealth out of those nations to recoup whatever failed investments they made before the Crash.
Why have thousands of homeowners in the United States turned to suicide, domestic violence, and even mass murder when faced with home foreclosure, when a simple solution like re-writing mortgages, which FDR did successfully during the Great Depression, could put an end to the bloodshed and misery?
It’s because re-writing mortgages would force banks like Goldman Sachs to take a hit. And thanks to the game they’ve created, they actually make more money when a home they own is foreclosed on.
Why, despite mountains of evidence, have banksters at Goldman Sachs and other Wall Street institutions not been thrown in jail for defrauding customers, manipulating LIBOR interest rates, and throwing thousands of Americans out of their homes illegally in a massive robo-signing scandal?
It’s because we have a two-tiered justice system in which those in power, like Goldman Sachs executives, get a slap on the wrist when they steal $50 billion, but people like you and me go to jail for stealing a 7-11 Slurpee.
Now does it make sense why Wall Street was bailed out and Main Street was sold out?
In this post-crash world, where agents of Goldman Sachs have infiltrated key positions of power all around the world, we must all fundamentally re-understand how we view the global economy and just how much effect our democratic institutions have on this economy.
We no longer have an economy geared to benefit working people around the world; we have an economy that’s geared to exploit working people for Goldman Sachs' profits. Trader Alessio Rastani told the BBC in September before Goldman’s Lucas Papademos was installed as Greece’s Prime Minister, “We don't really care about having a fixed economy, having a fixed situation, our job is to make money from it…Personally, I've been dreaming of this moment for three years. I go to bed every night and I dream of another recession.” Rastani continued, “When the market crashes... if you know what to do, if you have the right plan set up, you can make a lot of money from this.”
And as we’ve seen over the last decade, Goldman Sachs knows exactly what to do. They’ve had the right plan set-up, and it's nothing short of a global coup d’etat.
As Rastani bluntly told the BBC, “This is not a time right now for wishful thinking that governments are going to sort things out. The governments don't rule the world, Goldman Sachs rules the world.”

Jonny7

http://www.telegraph.co.uk/finance/economics/8792829/BBC-financial-expert-Alessio-Rastani-Im-an-attention-seeker-not-a-trader.html

In the interview Mr Rastani described himself as an independent trader. Elsewhere he claims he's an "investment speaker". Instead of operating from a plush office in Canary Wharf Mr Rastani works and lives with his partner Anita Eader in a £200,000 semi in Bexleyheath, south London. The house, complete with a mortgage from Royal Bank of Scotland, belongs to her not him.

Still what he said was pretty spot on. Ruling the world though? more a figure of speech.

Sacksian

Just for balance, though, Mark Carney was recruited by the Bank of England because of the way in which Canada dealt with the global financial crisis while he was Bank of Canada's governor, where the Canadian banks were considered to be well-regulated and capitalized. The Canadian economy outperformed the rest of the G7 and was the first to recover.

Lucas Papademos never worked for Goldman Sachs, article is a joke on alot of levels.

Torakx

Watching the Ian Crane vid on that other thread.
He talks about Goldman Sachs.
Pretty good stuff.

Monty Burnz

Hamza Substantial Stone wrote: »

Lucas Papademos never worked for Goldman Sachs, article is a joke on alot of levels.

Never let reality get in the way of a good CT.

I love it when people say 'why persist with austerity, it isn't working...' - the reason for austerity is that some countries mismanaged their budgets and are now bust, it's not like they have the money to spend. You don't (presumably) hear people asking why people 'persist with gravity' as they fall of a cliff because 'it isn't working for them'.

Torakx

Hamza Substantial Stone wrote: »

Lucas Papademos never worked for Goldman Sachs, article is a joke on alot of levels.

Please expand on that if you can.
I checked myself and i cant find any official links to Goldman sachs.
But considering he worked in the boston branch of the fed in America and also the ECB and the greek national bank, i would say theres a good chance he knew about the Greek impending crisis before it happened.
And he would have possibly been needed to pull it off in the first place.

asherbassad

Hamza Substantial Stone wrote: »

Lucas Papademos never worked for Goldman Sachs, article is a joke on alot of levels.

As governor of the Greek Central Bank he was largely a facilitator for Goldman Sachs' intervention. Just because he didn't have a friggin' GS timecard and id like the tea-ladies or mailroom staff doesn't mean he "never" worked for them.

But do elaborate as to how this makes the article a "joke" and what are all those other levels?

Monty Burnz

asherbassad wrote: »

As governor of the Greek Central Bank he was largely a facilitator for Goldman Sachs' intervention. Just because he didn't have a friggin' GS timecard and id like the tea-ladies or mailroom staff doesn't mean he "never" worked for them.

Unfortunately for this CT, that's exactly what it means.

asherbassad

Monty Burnz wrote: »

Never let reality get in the way of a good CT.

I love it when people say 'why persist with austerity, it isn't working...' - the reason for austerity is that some countries mismanaged their budgets and are now bust, it's not like they have the money to spend. You don't (presumably) hear people asking why people 'persist with gravity' as they fall of a cliff because 'it isn't working for them'.

The reason for austerity is for theft. Banks don't want taxpayers to have a damn thing for their taxes. Nothing. They want people to pay taxes and get zip in return. Of course they can't just come out and say "pay taxes for nothing and we're taking it all"....insurrection could be the outcome of that approach. Instead you bankrupt the country and then force austerity on the people and make them think it's necessary. Starve the Beast has been such a tool for decades.

asherbassad

Monty Burnz wrote: »

Unfortunately for this CT, that's exactly what it means.

You'll have to do better than that if you want to dismiss the whole thing on this little technicality. It's as trite as your gravity analogy.

Monty Burnz

asherbassad wrote: »

You'll have to do better than that if you want to dismiss the whole thing on this little technicality. It's as trite as your gravity analogy.

A little technicality like one of the fundamental claims being wrong?

Monty Burnz

asherbassad wrote: »

The reason for austerity is for theft. Banks don't want taxpayers to have a damn thing for their taxes. Nothing. They want people to pay taxes and get zip in return. Of course they can't just come out and say "pay taxes for nothing and we're taking it all"....insurrection could be the outcome of that approach. Instead you bankrupt the country and then force austerity on the people and make them think it's necessary. Starve the Beast has been such a tool for decades.

This makes no sense. When you say 'the banks', who exactly do you mean? The shareholders? The credit unions? The staff? The building societies? An Post?

Tzar Chasm

an analagy for the greek PM issue
the guidance counsellor in our local school was a priest, unfortunately he liked to rape small boys, so we fired him and replaced him with a bloke called Paul Gadd, but its fine cos he's not a priest

Monty Burnz

Tzar Chasm wrote: »

an analagy for the greek PM issue
the guidance counsellor in our local school was a priest, unfortunately he liked to rape small boys, so we fired him and replaced him with a bloke called Paul Gadd, but its fine cos he's not a priest

The board of management in your school has a lot to answer for.

Tzar Chasm

Monty Burnz wrote: »

The board of management in your school has a lot to answer for.

oh the board of management knew nothing about it until after the deal transpired, apparently the local bishops just decided it would be better for all involved, the priest was well liked, and aside from the odd bit of rapeyness he did a good job.apparently this new fella knows a few cardinals
some of the board did kick up a fuss after the event, but they were ignored