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To those who would rather stick their head in the sand, and believe everything is, and is going to be ok, read this article and try to remember that this is not being published by some wako conspiracy theorist, this is the Wall St Journal. http://www.marketwatch.com/news/story/even-jack-bauer-couldnt-stop/story.aspx?guid={BE0D1772-A628-454D-80BF-C4484CEBA7DF}&siteid=yahoomy&ref=patrick.net
I agree, a very good read. The somewhat cryptic link makes it difficult to get too. I'd suggest going to the patrick.net site, and find the link under the April 21 2009 heading and use that. It works good. Looks like some other good reading at that site as well.....
You couldn't tell this to people when I started in 2006. Rothschilds didn't go anywhere and I am certain Goldman Sachs is their office in the US. They already had it in 1850 when Fredrick Morton estimated Rothschild to be worth 6 billion in 1850.
hope everybody reads this article and loved this comment:
* Timothy Geithner is tightly linked to GS because he was the Fed president under Stephen Friedman who still is the NY Fed chairman while also sitting on the GS Board.
* Robert Rubin was Clinton's Treasury Secretary who pushed for the deregulation and putting the Carter-era Community Reinvestment Act on steroids. The CRA punished lenders if they limited lending to wealthier, morewhich led to this mess. Rubin came to Treasury job from...Goldman Sachs.
* Geithner's Chief of Staff, Mark Patterson, was a lobbyist for...Goldman Sachs.
* Goldman Sach's William Dudley to head the Federal Reserve Bank of New York market's group in 2006.
* Enter Hank Paulson, who has spent the past 8 years as Goldman Sachs chairman and CEO. He joined the firm in 1974 after serving as White House Domestic Council in the Nixon Administration.
* Treasury Secretary Henry Paulson, who ran...Goldman Sachs from 1999 to 2006, handpicked fellow Goldman veteran Neil Kashkari to oversee Treasury’s planned acquisition of $700 billion in distressed mortgage-related assets. Goldman, of course, will receive a chunk of that $700 billion, the Wall Street Journal reported Oct. 14.
* As Treasury Secretary, Paulson may have to dump some stock (he is the single largest shareholder in Goldman Sachs according to its 2006 proxy statement, with 4.6 million shares) to decrease his overwhelming conflict of interest, but even if he sells his unrestricted stock, he'll still have several hundred million bucks in RSU (restricted stock unit) awards, which are not immediately sellable. This could place him in a position where maintaining his financial well-being could necessitate supporting policies positive to Goldman's short-term stock price over long-term needs of the general economy, like dividend tax cuts.
* The "new" AIG CEO, Liddy, who was appointed by Paulson, came from Goldman Sachs.
* Goldman Sachs investment banking firm and its employees have spent more than $43 million dollars on lobbying and campaign contributions to cultivate friends and buy influence in Washington, D.C. since 1989, according to an ABC News analysis of campaign finance records compiled by the Center for Responsive Politics.
* Kudlow and Cramer, by the way, hail from the same corrupt institution
CAN'T WE GET SOMEONE WHO IS NOT CONNECTED IN ANY WAY TO WALL STREET, AND THAT HAS A CLEAN AND TRANSPARENT FINANCIAL STATEMENT AND TIMELY FILED TAX RETURNS???
hope everybody reads this article and loved this comment:
* Timothy Geithner is tightly linked to GS because he was the Fed president under Stephen Friedman who still is the NY Fed chairman while also sitting on the GS Board.
* Robert Rubin was Clinton's Treasury Secretary who pushed for the deregulation and putting the Carter-era Community Reinvestment Act on steroids. The CRA punished lenders if they limited lending to wealthier, morewhich led to this mess. Rubin came to Treasury job from...Goldman Sachs.
* Geithner's Chief of Staff, Mark Patterson, was a lobbyist for...Goldman Sachs.
* Goldman Sach's William Dudley to head the Federal Reserve Bank of New York market's group in 2006.
* Enter Hank Paulson, who has spent the past 8 years as Goldman Sachs chairman and CEO. He joined the firm in 1974 after serving as White House Domestic Council in the Nixon Administration.
* Treasury Secretary Henry Paulson, who ran...Goldman Sachs from 1999 to 2006, handpicked fellow Goldman veteran Neil Kashkari to oversee Treasury’s planned acquisition of $700 billion in distressed mortgage-related assets. Goldman, of course, will receive a chunk of that $700 billion, the Wall Street Journal reported Oct. 14.
* As Treasury Secretary, Paulson may have to dump some stock (he is the single largest shareholder in Goldman Sachs according to its 2006 proxy statement, with 4.6 million shares) to decrease his overwhelming conflict of interest, but even if he sells his unrestricted stock, he'll still have several hundred million bucks in RSU (restricted stock unit) awards, which are not immediately sellable. This could place him in a position where maintaining his financial well-being could necessitate supporting policies positive to Goldman's short-term stock price over long-term needs of the general economy, like dividend tax cuts.
* The "new" AIG CEO, Liddy, who was appointed by Paulson, came from Goldman Sachs.
* Goldman Sachs investment banking firm and its employees have spent more than $43 million dollars on lobbying and campaign contributions to cultivate friends and buy influence in Washington, D.C. since 1989, according to an ABC News analysis of campaign finance records compiled by the Center for Responsive Politics.
* Kudlow and Cramer, by the way, hail from the same corrupt institution
CAN'T WE GET SOMEONE WHO IS NOT CONNECTED IN ANY WAY TO WALL STREET, AND THAT HAS A CLEAN AND TRANSPARENT FINANCIAL STATEMENT AND TIMELY FILED TAX RETURNS???
i guess not!
Great points! Nice to know a few people are paying attention.
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