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Monday, February 1, 2010

Educate yourself about Goldman Sachs - There is a pattern here

Goldman Sachs is in control of our economy. People can call it Wall Street and that doesn't do this situation justice.

Lehman Brothers was taken out because they were a competitor of Goldman Sachs. Goldman Sachs has been the frontman and pointman of the New York City Banking syndicate. If we look at the individuals at the helm our country's financial cornerstones, then you will see this syndicate's representatives in charge or near the core. Washington Mutual was forced into the hands of JP Morgan and an attempt was made to force Wachovia into Citigroup. Hmmm, seems like they were trying to consolidate several banks into New York financial control to me. And who was the head of the New York Federal Reserve? Our current Treasury Secretary Timothy Geithner.

Who was our last Treasury Secretary? Henry Paulson. And two Treasury Secretaries from the Clinton administration who were at the forefront of the derivative debacle were Larry Summers and Robert Rubin, who both were employees of Goldman Sachs. They both also have an association with Citigroup. This tangled web isn't really deceiving. It is just unbelievably blatant and redundant. These people have so many conflicts of interest that it becomes annoying to go through them all.

At last weeks House Oversight hearings, we saw startling testimony which had Timothy Geithner and Henry Paulson looking like kids who had gotten caught with their hands in the cookie jar. Below are videos of those hearings. I hope you will watch the testimony - look at their body language and listen to them. Rationally defined, the appearance of impropriety is impropriety.

Congress Lady Marcy Kaptur questions Geithner about Goldman Sachs, while Geithner answers condescendingly.



Watch Paulson stumble and bumble over Geithner's conflicts of interest.



Congressman Stephan Lynch Democrat Massachusetts questions Geithner about AIG and Goldman:

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