The Theft ( inside job)
Well, here is a quick reminder of how the theft of your money actually happened and in spite of what Obama says it was really, really simple. The government ie. the New York Federal Reserve Chairman agreed to pay the banks 100% of the price of the swaps that the banks including Goldman Sachs had bought from AIG.
Its simple really, Goldman Sacks bought the “swaps” ( don’t worry about what that means it doesn’t really matter) for 40 cents on the dollar and the Government gave them 100 cents on the dollar for them. That’s it, that’ s the brilliant “complicated” solution that Geithner’s brain belched out
This theft of your money was facilitated directly at by the then Chairman of the Federal Reserve Bank of New York just as Bloomberg reported after viewing the documents , “Part of a sentence in the document was crossed out. It contained a blank space that was intended to show the amount of the haircut the banks would take, according to people who saw the term sheet.” (The term “haircut” is financial slang representing the discount to par that an assets sells for. Say you bought a stock for $10 and sold it for $6 you got a 40% “haircut”.)
Clearly the FED initially sought to not pay full price to Goldman Sachs and a few other banks but rather, rightfully, allow them to take responsibility for their mistakes. The Chairman of the New York Federal Reserve Bank himself intervened and with a magic marker blacked out that sentence and gave Goldman Sachs an instant 60% profit. The total price tag was $62 Billion dollars for assets that were bought for about $29.6 billion. Goldman Sachs got the lions share of that to the tune of $14 Billion of our money over a 14 month period. Isn’t high finance grand when you can steal from the public with the permission and backig of the government? Just buy any garbage you can and if you lose money, hey, no sweat, Obama and the libs will make sure you’ll have a profit.
Be the resistance
The Payoff
The reward that the Chairman of the New York Federal Reserve got for stealing your money and giving it to Goldman Sachs?
Well, well, well, you see, Goldman Sachs had just gotten a $5,000,0000,0000 ( five billion dollar) loan form Warren Buffet. We can’t possibly let Warren Buffet lose money just because you are unemployed can we? Of course not, if you are unemployed and can’t give Buffet any money, why that’s no problem, the government will just put your children and grand children in debt..while Obama, Buffet and Soros and Gorelick and Geitner fly around in Air Force One. ( When the hell are we going to see the pics from inside Air force One anyway?)
OK back to the reward given to the Chairman of the new York Federal Reserve Bank for taking your and your children and your grand children money? Well, he became the Secretary of the Treasury, Tim Geithner!
Remember how the lib crooks and their lackeys in the media howled like banshees whenever anyone questioned the logic of giving the treasury job to a crook who couldn’t even figure out his own taxes? Now you know why. It’s because he gave your money and your children and grandchildren’s money to Goldman Sachs, Warren Buffet, George Soros etc. They in turn give the money to Obama and ACORN and you and your family have become surfs indentured to the cronies in high finance.
Apropos, Buffet gets $500,000,000 ( five hundred million) dollars in interest alone, every year because they stole your money to bail out Goldman Sachs, but its OK because we get to hear how brilliant he is.
The Backlash?
Fast forward to now, Goldman Sachs announces that the bonuses will not be cash and the media hails it as the second coming of Christ. Truth is that the bonuses will be astronomical and will be in stock. The future recipients of these bonuses are not worried about losing money if the stocks go drop in price, they’ll hedge against that. What worries them is what your reaction will be once you find out how much they made and if the financial system collapse because of the plan to cause the “golden crisis”. For that too they are finding ways to hedge, they are buying guns. Yes that’s right Godman Sachs and co. are very concerned that blogs such as this one will put out the truth and you might have objections to quietly selling your children into serfdom so that Geithner can buy another Bently, and Jamie Gorelick can get another ten million dollar bonus or Soros and Buffet can buy another private jet. They are buying hand guns. I bet with all that money they can probably get a very nice set of sequentially numbered Les Baers. Oh and just for the record, unless you are a Goldman Sachs big wig, good luck buying a gun in Mayor Bloomberg’s NYC – that’s reserved for the elites not for the likes of us rednecks!
You can see some of the Goldman Sachs Directors here
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