SEC Fraud Suit Against Goldman Is a ‘Buy’ Sign:
April 26 (Bloomberg) -- Now that the Securities and Exchange Commission has unofficially declared Goldman Sachs Group Inc. to be the big bad wolf of the 2007-2009 financial crisis, what should investors do?
See link under "Crisis" for Conspiracy of the Lemmings: Barack Obama and the Radical Left's Strategy of Manufactured Crisis
FYI: During 2008 Goldman Sachs received criticism for an apparent revolving door relationship, in which its employees and consultants have moved in and out of high level U.S. Government positions, creating the potential for conflicts of interest. Former Treasury Secretary Hank Paulson was a former CEO of Goldman Sachs. Additional controversy attended the selection of former Goldman Sachs lobbyist Mark Patterson as chief of staff to Treasury Secretary Timothy Geithner, despite President Barack Obama's campaign promise that he would limit the influence of lobbyists in his administration.
In 2010 Goldman Sachs was criticized for its involvement in the 2010 European sovereign debt crisis. Goldman Sachs between the years 1998-2009 has been reported to systematically help the Greek government to mask its national true debt facts. In September 2009, though, Goldman Sachs among others, created a special Credit Default Swap (CDS) index for the cover of high risk national debt of Greece. This led the interest-rates of Greek national bonds to a very high level, leading the Greek economy very close to bankruptcy in March 2010.
Here in is the hit for anyone who's paying attention. Look to the chart done in 1976
Chart of who "owns" the Federal Reserve
The tag team of JPMorgan as the monster and Goldman Sachs as its harlot represent a powerful pair that is more responsible for destroying the entire US financial system than 95% of the American public has any awareness. The colossus of JPMorgan is a monster, a predator, nurtured by pond scum. It has gobbled up Chase Manhattan, Manufacturers Hanover, Chemical Bank, Bank One, and more over the past two decades. Their profound presence in keeping the USTreasury Bond yields down can never be understated. They do so by managing 85% of the credit derivatives on the planet. They distorted usury prices, as in price of borrowed money, thus aggravating the LIBOR (London InterBank Offered Rate) market in a very visible manner.
JPMorgan Chase profits jump 55 percent in first quarter of 2010
While numerous financial analysts point to the soaring profits of the big banks as evidence that the economy is strengthening, a look at the numbers suggests something different. Having looted the public treasury with the aid of the Bush and Obama administrations, the banks are returning to profitability through the same parasitic practices which produced the crisis in the first place.
Goldman Sachs took in $13.4 billion in profits in 2009. The persecuted Mr. Viniar earned $837,365 in 2009, and, on top of that, was handed a $9 million bonus, along with other top executives.
No wonder the idea of an audit of the Privately Owned Federal Reserve is taboo. The patience's are in charge of the asylum.
Chart 1 reveals the linear connection between the Rothschilds and the Bank of England, and the London banking houses which ultimately control the Federal Reserve Banks through their stockholdings of bank stock and their subsidiary firms in New York. The two principal Rothschild representatives in New York, J. P. Morgan Co., and Kuhn,Loeb & Co. were the firms which set up the Jekyll Island Conference at which the Federal Reserve Act was drafted, who directed the subsequent successful campaign to have the plan enacted into law by Congress, and who purchased the controlling amounts of stock in the Federal Reserve Bank of New York in 1914. These firms had their principal officers appointed to the Federal Reserve Board of Governors and the Federal Advisory Council in 1914. In 1914 a few families (blood or business related) owning controlling stock in existing banks (such as in New York City) caused those banks to purchase controlling shares in the Federal Reserve regional banks. Examination of the charts and text in the House Banking Committee Staff Report of August, 1976 and the current stockholders list of the 12 regional Federal Reserve Banks show this same family control.
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Again, according to our own research, just five months after Kennedy was assassinated, no more of the Series 1958 'Silver Certificates' were issued either, and they were subsequently removed from circulation. Perhaps the assassination of JFK was a warning to all future presidents not to interfere with the private Federal Reserve's control over the creation of money. It seems very apparent that President Kennedy challenged the 'powers that exist behind U.S. and world finance'. With true patriotic courage, JFK boldly faced the two most successful vehicles that have ever been used to drive up debt:
1) war (Viet Nam); and,
2) the creation of money by a privately owned central bank. His efforts to have all U.S. troops out of Vietnam by 1965 combined with Executive Order 11110 would have destroyed the profits and control of the private Federal Reserve Bank.