Goldman Sachs Rules the World?

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    Sep 27, 2011 5:38 AM GMT
    or so says a stock trader when interviewed on the BBC. Quite candidly, he explains that for traders, this crisis is a major opportunity to make money, that it's only going to get much worse, and that all the efforts of governments are useless because governments don't run the world, "Goldman Sachs does."

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    Sep 27, 2011 5:24 PM GMT
    oh, and while he says that it isn't an "elite" that can make money from the collapse, that's a little disingenuous. Most people do not have a lot of money sitting around to "invest." If you are an 'investor' in any meaningful capacity, you are among the top few percentiles in the world.

    However, great way to hedge your bets against the crashing system is to buy physical gold and silver, not stocks, not bonds, and don't buy treasuries or 'securities' or other bullcrap attempts at getting you to throw your money into a suction tube. Gold and silver are the best bets. Nowhere to go but up as the economy plunges down. Treasuries are very temporary because they will eventually go down as the US dollar becomes history.
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    Sep 27, 2011 5:27 PM GMT
    Cooter Newton...is that you? Or maybe his son? Grandson?
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    Sep 27, 2011 9:07 PM GMT
    But you forgot something. Goldman Sachs (at least, the people affiliated) is Barack Obama's #2. financial campaign contributor. The guy who is "against" big corporations and banking "running" America. lol
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    Sep 27, 2011 9:16 PM GMT
    Goldman Sachs doesn't run the world.

    Girls run the world...

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    Sep 27, 2011 9:17 PM GMT
    Actually Goldman Sachs was his number one campaign contributor. As far as I know.

    And who ever said Obama was against corporations and banks? He is their number one supporter. Obama is a die-hard corporatist. One must assess by actions, not rhetoric.

    After all, Obama's rhetoric from his campaign is what served him so well, and got significant recognition from Madison Avenue, as the Obama campaign marked the first time in history that a political campaign beat out a corporate campaign in winning the public relations industry awards for best campaign of that year.

    http://www.guardian.co.uk/media/2009/jun/29/barack-obama-cannes-lions
    http://media.prsa.org/article_display.cfm?article_id=1296


    Obama is a pre-packaged Wall Street product that was called "Hope" and "Change" and was anything but.
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    Sep 27, 2011 9:20 PM GMT
    MeOhMy saidActually Goldman Sachs was his number one campaign contributor. As far as I know.

    And who ever said Obama was against corporations and banks? He is their number one supporter. Obama is a die-hard corporatist. One must assess by actions, not rhetoric.

    After all, Obama's rhetoric from his campaign is what served him so well, and got significant recognition from Madison Avenue, as the Obama campaign marked the first time in history that a political campaign beat out a corporate campaign in winning the public relations industry awards for best campaign of that year.

    http://www.guardian.co.uk/media/2009/jun/29/barack-obama-cannes-lions
    http://media.prsa.org/article_display.cfm?article_id=1296


    Obama is a pre-packaged Wall Street product that was called "Hope" and "Change" and was anything but.


    Pretty sure University of California was the biggest...
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    Sep 27, 2011 9:21 PM GMT
    mocktwinkie said
    MeOhMy saidActually Goldman Sachs was his number one campaign contributor. As far as I know.

    And who ever said Obama was against corporations and banks? He is their number one supporter. Obama is a die-hard corporatist. One must assess by actions, not rhetoric.

    After all, Obama's rhetoric from his campaign is what served him so well, and got significant recognition from Madison Avenue, as the Obama campaign marked the first time in history that a political campaign beat out a corporate campaign in winning the public relations industry awards for best campaign of that year.

    http://www.guardian.co.uk/media/2009/jun/29/barack-obama-cannes-lions
    http://media.prsa.org/article_display.cfm?article_id=1296


    Obama is a pre-packaged Wall Street product that was called "Hope" and "Change" and was anything but.


    Pretty sure University of California was the biggest...


    Um...the University of California is a state run program. I dont think (and correct me if I am wrong because I am not 100% on this) that the states themselves can support a candidate.
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    Sep 27, 2011 9:22 PM GMT
    Ah yes, you are correct:

    University of California
    Goldman Sachs
    Harvard
    Microsoft
    Google
    JP Morgan Chase & Co.
    Citigroup
    Time Warner

    http://www.opensecrets.org/pres08/contrib.php?cid=N00009638
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    Sep 27, 2011 9:24 PM GMT
    MeOhMy saidAh yes, you are correct:

    University of California
    Goldman Sachs
    Harvard
    Microsoft
    Google
    JP Morgan Chase & Co.
    Citigroup
    Time Warner

    http://www.opensecrets.org/pres08/contrib.php?cid=N00009638


    The organizations themselves did not donate , rather the money came from the organization's PAC, its individual members or employees or owners, and those individuals' immediate families.

    Ah thats how UC was the top contributor.

    Ok that makes sense.
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    Sep 27, 2011 9:24 PM GMT
    MeOhMy saidActually Goldman Sachs was his number one campaign contributor. As far as I know.

    And who ever said Obama was against corporations and banks? He is their number one supporter. Obama is a die-hard corporatist. One must assess by actions, not rhetoric.

    After all, Obama's rhetoric from his campaign is what served him so well, and got significant recognition from Madison Avenue, as the Obama campaign marked the first time in history that a political campaign beat out a corporate campaign in winning the public relations industry awards for best campaign of that year.

    http://www.guardian.co.uk/media/2009/jun/29/barack-obama-cannes-lions
    http://media.prsa.org/article_display.cfm?article_id=1296


    Obama is a pre-packaged Wall Street product that was called "Hope" and "Change" and was anything but.





    Obama ran as a moderate - NOT as a far left liberal - and he's governed as a moderate.

    There was no shift from liberal candidate to moderate president.
    Obama was always moderate in his policy positions.

    Some folks just heard the slogans you cited and ASSUMED that Obama held far left policy positions.

    BTW - your new profile pic is very very nice.
  • kolkii

    Posts: 147

    Sep 27, 2011 9:25 PM GMT
    yes, it's called shorting, ton of traders do this on a daily basis.. like traders who bet against housing after their respective bkge house sold it to consumers...

    supposedly a Hoax, as some say he's part of the Yes Men..

    ..though BBC has denied Yes Men affiliation, I'm still wondering who's dumber, the actual trader (if for real), or the interviewer for not asking any legitimate questions, like what are your credentials, or what specific stocks/industries are you long/short?
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    Sep 27, 2011 9:28 PM GMT
    Well, we can be sure that all future politicians will be completely bought-and-paid for, since the corrupt Supreme Court in 2010 lifted restrictions on the amount corporations can donate to candidates.

    http://www.nytimes.com/2010/01/22/us/politics/22scotus.html

    Again, just goes to show who really rules our societies. Whether it is the Legislative, the Executive, or Judicial branch, the corporations and banks own them all.

    One US Senator even stated in reference to Congress that, "The banks own the place."
    http://www.guardian.co.uk/commentisfree/cifamerica/2009/jun/30/congress-financial-reform-banks

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    Sep 27, 2011 9:34 PM GMT
    RickRick91 said
    MeOhMy saidActually Goldman Sachs was his number one campaign contributor. As far as I know.

    And who ever said Obama was against corporations and banks? He is their number one supporter. Obama is a die-hard corporatist. One must assess by actions, not rhetoric.

    After all, Obama's rhetoric from his campaign is what served him so well, and got significant recognition from Madison Avenue, as the Obama campaign marked the first time in history that a political campaign beat out a corporate campaign in winning the public relations industry awards for best campaign of that year.

    http://www.guardian.co.uk/media/2009/jun/29/barack-obama-cannes-lions
    http://media.prsa.org/article_display.cfm?article_id=1296


    Obama is a pre-packaged Wall Street product that was called "Hope" and "Change" and was anything but.





    Obama ran as a moderate - NOT as a far left liberal - and he's governed as a moderate.

    There was no shift from liberal candidate to moderate president.
    Obama was always moderate in his policy positions.

    Some folks just heard the slogans you cited and ASSUMED that Obama held far left policy positions.

    BTW - your new profile pic is very very nice.


    Obama ran as a corporatist, imperialist, Wall Street-owned puppet. In general public discourse, we refer to this as "moderate." So yes. He did.

    But he was also a political chameleon. Depending what audience he was talking to, he would say different things.

    He would tell young crowds that he was "against" the Iraq war and wanted to "withdraw", but then tell business and strategic interest groups that what he meant by that was to maintain the empire by keeping many military bases with an occupation force of tens of thousands of US soldiers, and withdraw many in order to send them to Afghanistan, and expand that war into Pakistan.

    On the campaign, Obama promised to renegotiate NAFTA.
    http://www.theglobeandmail.com/archives/article670373.ece

    When he said, this, the Canadian corporatist elite went ape-shit. But then this was reported in the Canadian media:

    "a senior member of Obama's campaign called the Canadian government within the last month -- saying that when Senator Obama talks about opting out of the free trade deal, the Canadian government shouldn't worry. The operative said it was just campaign rhetoric not to be taken seriously."
    http://www.ctv.ca/CTVNews/TopStories/20080228/turkey_Gates_080228/
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    Sep 27, 2011 9:43 PM GMT
    304997_199200460148096_140490432685766_4
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    Sep 27, 2011 9:48 PM GMT
    Chainers said
    mocktwinkie said
    MeOhMy saidActually Goldman Sachs was his number one campaign contributor. As far as I know.

    And who ever said Obama was against corporations and banks? He is their number one supporter. Obama is a die-hard corporatist. One must assess by actions, not rhetoric.

    After all, Obama's rhetoric from his campaign is what served him so well, and got significant recognition from Madison Avenue, as the Obama campaign marked the first time in history that a political campaign beat out a corporate campaign in winning the public relations industry awards for best campaign of that year.

    http://www.guardian.co.uk/media/2009/jun/29/barack-obama-cannes-lions
    http://media.prsa.org/article_display.cfm?article_id=1296


    Obama is a pre-packaged Wall Street product that was called "Hope" and "Change" and was anything but.


    Pretty sure University of California was the biggest...


    Um...the University of California is a state run program. I dont think (and correct me if I am wrong because I am not 100% on this) that the states themselves can support a candidate.


    People affiliated with the organization. Goldman Sachs did not, as an organization itself in an official capacity, support Barack Obama. Basically it means donors affiliated with that entity.

    This may come as a surprise to you, but corporations have people behind them, they aren't just buildings.
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    Sep 27, 2011 9:50 PM GMT
    MeOhMy saidAh yes, you are correct:

    University of California
    Goldman Sachs
    Harvard
    Microsoft
    Google
    JP Morgan Chase & Co.
    Citigroup
    Time Warner

    http://www.opensecrets.org/pres08/contrib.php?cid=N00009638


    Wow, it must pain Rickrick to see that the majority of donors from the biggest names in the corporate and banking world are in fact supporting the candidates ostensibly running against "corporate america".

    Brutal. Just brutal.
  • kolkii

    Posts: 147

    Sep 27, 2011 9:53 PM GMT
    MeOhMy said
    Obama is a pre-packaged Wall Street product that was called "Hope" and "Change" and was anything but.



    pretty much, remember all that finger wagging to banks all over the news about banker bonuses??

    in 2009 Goldman and other brokerage houses recorded near record-bonuses back to back?

    Obama Seeks to Win Back Wall St. Cash
    http://www.huffingtonpost.com/2011/06/13/obama-wall-street-donations_n_875795.html

    rob from the middle class and give breaks to the richest Wall Street honchos.. throw a couple bones to the poor and wave a gay flag for votes, and show only the latter in the media so it seems otherwise.
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    Sep 27, 2011 9:57 PM GMT
    mocktwinkie said
    Chainers said
    mocktwinkie said
    MeOhMy saidActually Goldman Sachs was his number one campaign contributor. As far as I know.

    And who ever said Obama was against corporations and banks? He is their number one supporter. Obama is a die-hard corporatist. One must assess by actions, not rhetoric.

    After all, Obama's rhetoric from his campaign is what served him so well, and got significant recognition from Madison Avenue, as the Obama campaign marked the first time in history that a political campaign beat out a corporate campaign in winning the public relations industry awards for best campaign of that year.

    http://www.guardian.co.uk/media/2009/jun/29/barack-obama-cannes-lions
    http://media.prsa.org/article_display.cfm?article_id=1296


    Obama is a pre-packaged Wall Street product that was called "Hope" and "Change" and was anything but.


    Pretty sure University of California was the biggest...


    Um...the University of California is a state run program. I dont think (and correct me if I am wrong because I am not 100% on this) that the states themselves can support a candidate.


    People affiliated with the organization. Goldman Sachs did not, as an organization itself in an official capacity, support Barack Obama. Basically it means donors affiliated with that entity.

    This may come as a surprise to you, but corporations have people behind them, they aren't just buildings.


    Yea I kind of saw that, hence why I did a post.

    This may come as a surprise to you but you should really read things before posting. I know I know its hard when you have a stick so big up your ass that you cant fit a cock up their (I mean, I know your a whore and all but there really is only SO BIG that the sphincter can stretch) so why dont you focus on removing that so we dont have to deal with your superbitchiness.

    K, thnx, bai!
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    Sep 27, 2011 9:58 PM GMT
    Chainers said
    mocktwinkie said
    Chainers said
    mocktwinkie said
    MeOhMy saidActually Goldman Sachs was his number one campaign contributor. As far as I know.

    And who ever said Obama was against corporations and banks? He is their number one supporter. Obama is a die-hard corporatist. One must assess by actions, not rhetoric.

    After all, Obama's rhetoric from his campaign is what served him so well, and got significant recognition from Madison Avenue, as the Obama campaign marked the first time in history that a political campaign beat out a corporate campaign in winning the public relations industry awards for best campaign of that year.

    http://www.guardian.co.uk/media/2009/jun/29/barack-obama-cannes-lions
    http://media.prsa.org/article_display.cfm?article_id=1296


    Obama is a pre-packaged Wall Street product that was called "Hope" and "Change" and was anything but.


    Pretty sure University of California was the biggest...


    Um...the University of California is a state run program. I dont think (and correct me if I am wrong because I am not 100% on this) that the states themselves can support a candidate.


    People affiliated with the organization. Goldman Sachs did not, as an organization itself in an official capacity, support Barack Obama. Basically it means donors affiliated with that entity.

    This may come as a surprise to you, but corporations have people behind them, they aren't just buildings.


    Yea I kind of saw that, hence why I did a post.

    This may come as a surprise to you but you should really read things before posting. I know I know its hard when you have a stick so big up your ass that you cant fit a cock up their (I mean, I know your a whore and all but there really is only SO BIG that the sphincter can stretch) so why dont you focus on removing that so we dont have to deal with your superbitchiness.

    K, thnx, bai!


    Oh I'm sorry, I must have missed the post where you recognized the obviousness of the "donor" situation.
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    Sep 27, 2011 10:02 PM GMT
    mocktwinkie said
    Chainers said
    mocktwinkie said
    Chainers said
    mocktwinkie said
    MeOhMy saidActually Goldman Sachs was his number one campaign contributor. As far as I know.

    And who ever said Obama was against corporations and banks? He is their number one supporter. Obama is a die-hard corporatist. One must assess by actions, not rhetoric.

    After all, Obama's rhetoric from his campaign is what served him so well, and got significant recognition from Madison Avenue, as the Obama campaign marked the first time in history that a political campaign beat out a corporate campaign in winning the public relations industry awards for best campaign of that year.

    http://www.guardian.co.uk/media/2009/jun/29/barack-obama-cannes-lions
    http://media.prsa.org/article_display.cfm?article_id=1296


    Obama is a pre-packaged Wall Street product that was called "Hope" and "Change" and was anything but.


    Pretty sure University of California was the biggest...


    Um...the University of California is a state run program. I dont think (and correct me if I am wrong because I am not 100% on this) that the states themselves can support a candidate.


    People affiliated with the organization. Goldman Sachs did not, as an organization itself in an official capacity, support Barack Obama. Basically it means donors affiliated with that entity.

    This may come as a surprise to you, but corporations have people behind them, they aren't just buildings.


    Yea I kind of saw that, hence why I did a post.

    This may come as a surprise to you but you should really read things before posting. I know I know its hard when you have a stick so big up your ass that you cant fit a cock up their (I mean, I know your a whore and all but there really is only SO BIG that the sphincter can stretch) so why dont you focus on removing that so we dont have to deal with your superbitchiness.

    K, thnx, bai!


    Oh I'm sorry, I must have missed the post where you recognized the obviousness of the "donor" situation.


    Yes you did. Its ok, we all know that your missing half of a brain. You are forgiven.

    You also missed the point where I asked to be corrected if wrong. Instead you chose to be a super low class bitch, but then again no one is really surprised by you mockytwink. Your one of those people tolerated on this site not because we want you around, but because we pity you and worry that you will end your sad pathetic life in some sick and twisted attempt to suicide bomb the white house.

    Now, please:

    an%20hero.jpg
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    Sep 27, 2011 10:15 PM GMT
    Of course Sachs rules the world.

    But when the money runs out history has shown us that desperate people will turn to war.

    So you'd better hope they stay on top.
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    Sep 27, 2011 10:16 PM GMT
    Chainers said
    mocktwinkie said
    Chainers said
    mocktwinkie said
    Chainers said
    mocktwinkie said
    MeOhMy saidActually Goldman Sachs was his number one campaign contributor. As far as I know.

    And who ever said Obama was against corporations and banks? He is their number one supporter. Obama is a die-hard corporatist. One must assess by actions, not rhetoric.

    After all, Obama's rhetoric from his campaign is what served him so well, and got significant recognition from Madison Avenue, as the Obama campaign marked the first time in history that a political campaign beat out a corporate campaign in winning the public relations industry awards for best campaign of that year.

    http://www.guardian.co.uk/media/2009/jun/29/barack-obama-cannes-lions
    http://media.prsa.org/article_display.cfm?article_id=1296


    Obama is a pre-packaged Wall Street product that was called "Hope" and "Change" and was anything but.


    Pretty sure University of California was the biggest...


    Um...the University of California is a state run program. I dont think (and correct me if I am wrong because I am not 100% on this) that the states themselves can support a candidate.


    People affiliated with the organization. Goldman Sachs did not, as an organization itself in an official capacity, support Barack Obama. Basically it means donors affiliated with that entity.

    This may come as a surprise to you, but corporations have people behind them, they aren't just buildings.


    Yea I kind of saw that, hence why I did a post.

    This may come as a surprise to you but you should really read things before posting. I know I know its hard when you have a stick so big up your ass that you cant fit a cock up their (I mean, I know your a whore and all but there really is only SO BIG that the sphincter can stretch) so why dont you focus on removing that so we dont have to deal with your superbitchiness.

    K, thnx, bai!


    Oh I'm sorry, I must have missed the post where you recognized the obviousness of the "donor" situation.


    Yes you did. Its ok, we all know that your missing half of a brain. You are forgiven.

    You also missed the point where I asked to be corrected if wrong. Instead you chose to be a super low class bitch, but then again no one is really surprised by you mockytwink. Your one of those people tolerated on this site not because we want you around, but because we pity you and worry that you will end your sad pathetic life in some sick and twisted attempt to suicide bomb the white house.

    Now, please:

    an%20hero.jpg


    I honestly can't figure out why you have it in for me so much but, whatevs!
  • kolkii

    Posts: 147

    Sep 27, 2011 10:16 PM GMT
    Chainers saidInstead you chose to be a super low class bitch..you will end your sad pathetic life in some sick and twisted attempt to suicide...

    Now, please:

    an%20hero.jpg


    Not that I think this particular poster (et al) takes your ramblings with actual weight..

    But you choose these particular words, given the current news of an online related suicide case just several days ago?

    jamey-rodemeyer.jpg
    http://www.washingtonpost.com/blogs/blogpost/post/jamey-rodemeyers-suicide-investigated-by-police/2011/09/22/gIQAneRPoK_blog.html


    And you mention class in the same breadth?

    Stay classy.
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    Sep 27, 2011 10:19 PM GMT
    westanimas saidOf course Sachs rules the world.

    But when the money runs out history has shown us that desperate people will turn to war.

    So you'd better hope they stay on top.


    Yes, agreed. But it's already too late for this.

    Afghanistan, Iraq, Pakistan, Yemen, Libya, Palestine, Somalia, and now potentially Syria and likely, eventually, Iran... we are already in a major state of war.

    But yes, I agree, it will only get worse.