The House That Goldman Sachs Built

Wednesday, October 14, 2009

The U.S. Treasury Department is the central headquarters of Wall Street, and Timmy Geithner is its demigod. The coup of the Treasury Department, which promotes itself as the “steward of U.S. economic and financial systems,” means an economy and financial system run by and for the Wall Street oligarchy, with Goldman Sachs spearheading the ruling class.

Bloomberg runs a “breaking news” headline at the top of its page this morning: “Geithner Aides Reaped Millions Working for Banks, Hedge Funds.” It summarizes what we already knew – Timothy Geithner’s aides/advisors/kingpins are reaping huge salaries from Goldman Sachs and other Wall Street megalomania brokers at they same time that they influence policy that affects the entire economy and financial system. However, the details of the story are startling.

The advisers include Gene Sperling, who last year took in $887,727 from Goldman Sachs and $158,000 for speeches mostly to financial companies, including the firm run by accused Ponzi scheme mastermind R. Allen Stanford. Another top aide, Lee Sachs, reported more than $3 million in salary and partnership income from Mariner Investment Group, a New York hedge fund.

Sperling and Sachs are each paid $162,900 at the Treasury. Along with four others, they hold the title of counselor to Geithner.

The justification for this cozy arrangement never wavers - we need these “top people” (brilliant people that cannot be found anywhere else) who have knowledge of the markets and financial system. Lynn Turner, a former chief accountant at the SEC, asks, “You just wonder, who is representing middle Americans?” No one, Miss Turner. The socialist-corporate oligarchy has become institutionalized within the American System, and all Main Street can do is elect presidents who further enrich the evil institution and call it “security” (Bush) or “change” (Obama). And the Federal Reserve overlords call it a path to “prosperity” for the middle class.

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2 Responses to The House That Goldman Sachs Built

  1. cousin lucky says:

    October 14th, 2009 at 9:03 pm

    These guys make the Mafia look like the pee wee league of Criminals!! The adage that ” one man with a briefcase can steel more than a gang of 100 men armed with machine guns ” is certainly true in this instance!!

  2. Jeannie Queenie says:

    October 16th, 2009 at 1:03 pm

    Me thinks that Goldman Sachs actually means, “Man, look at the gold we stacked”. These major mobsters make the mafioso look like altar boys. Like I said before, you never hear of the mob anymore, for obviously they all went into government. Instead of cement boots, they decided to reverse direction and now work above ground in very tall cement buildings on wall street. They obviously took to heart all that Marquis deSade preached and practiced. Here is what deSade offers on theft..“All, all is theft, all is unceasing and rigorous competition in nature; the desire to make off with the substance of others is the foremost / the most legitimate / passion nature has bred into us and, without doubt, the most agreeable one.” He then goes onto say…“It is certain that stealing nourishes courage, strength, skill, tact, in a word, all the virtues useful to a republican system and consequently to our own. Lay partiality aside, and answer me: is theft, whose effect is to distribute wealth more evenly, to be branded as a wrong in our day, under our government which aims at equality? Plainly, the answer is no.” So, clearly we know that birds of a feather hang together, meaning that not only theft on a grand scale is their modus operandi, but along with it goes a whole host of plentiful perversions….just look to the Marquis Monster and how he ended up having spent 32 years in a nuthouse or in prison. Will be interesting to see who catches up with these modern day criminal creeps and plants them on a funny farm or in a jail. Either way, we already know they are criminals and nuts and not necessarily in that order.

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