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Goldman Sachs: Traitors And Con Artists

Elaine Meinel Supkis
Oct 16, 2007

Goldman Sachs conspires to make themselves richer at the expense of the American economy. I collected a number of articles, most of which were sent by a group of wonderful readers who send me many links. Thank you! Goldman Sachs should be raided by the SEC and the Secret Service. Remember, the Secret Service was set up to go after counterfitters and fraudsters as well as tax cheats! And Goldman Sachs has taken over our entire economic and banking systems and are utterly destroying them and should be arrested and charged with treason. Alas, they have also taken over our election system via 'campaign contributions.'

From CNN:

The glitter is already coming off Goldman Sachs' golden quarter.

Goldman (Charts, Fortune 500) wowed just about everyone when it reported very strong earnings for its fiscal third quarter, a period when rival investment banks did poorly because of the steep downturn in bond markets, from which investment banks try to generate trading profits.

However, Goldman's blow out quarter benefited from large gains in hard-to-value financial instruments, and its trading results in the period were particularly volatile, according to data contained in a Goldman filing of quarterly financial results with the Securities and Exchange Commission.

Goldman Sachs controls our Treasury and quite a few aspects of the banking system and has a huge influence on more than one country's central banks. A Goldman Sachs man took over the banking system of Canada this week, for example. Just last month, Bernanke had a lunch with Paulson, the Goldman Sachs head of the Treasury. This meeting was all about Goldman Sachs screaming at Bernanke, 'There is BLOOD in the streets!' Bernanke, impressed by the tearful wails that the world was coming unglued, assented to a huge interest rate cut via selling securities to itself, thus causing inflation to rise and the dollar to fall against the euro. Paulson's further meetings and phone calls that day are not known yet but before anyone supposedly knew of the big rate cut/inflation creation announcement, Goldman Sachs drove up the stock market from minus 400 pts to above 100 pts in only one hour.

Goldman Sachs has always irritated me because they are the ultimate insider traders. This is why they spend so much bribing politicians as well as gaining access to the very innermost workings of the machinery of the banking and financial systems. They are not geniuses, they are conspirators.

When Goldman Sachs announced they had an amazingly profitable summer, I was astounded. Of course, their blasted stocks shot up in value upon this amazing announcement. How could there be blood in the streets if Goldman Sachs was doing just wonderfully? I was quite puzzled when they announced this so smugly. I decided, to cut to the chase, that they were lying. After all, these criminals lie all the time. They are such habitual liars that even if blood WAS running down Wall Street's gutters and they were standing in in their rubbers and umbrellas, I still won't believe them.

Misleading people about the true value of paper assets is a crime. We call this 'fraud' and people who do this, 'confidence men.' Confidence men take people into their confidence and then lie. Our entire economic system has been taken over by such people. Half of their system is self-delusional and half, plots to conceal and lie. They, themselves, can no longer see the difference and are now in the process of destroying themselves along with us all in the US/EU/UK empire.

I was very serious about suggesting HU of China get the Nobel Economics Prize. He seems to understand the true meaning of capitalism and is using it quite masterfully. In the West, the fondness for using game theory systems is exactly why we are screwing ourselves. Yes, people play these evolutionary-sort of games in the dog eat dog world of economic exploitation but this leaves out the accumulation of raw power whereby there is no 'game' in the sense that everyone is playing on a level field and using strategies.

Raw power means ruthlessly twisting any system to do as one wants no matter what. For example, whatever systems and customs are used to elect leaders and run democracies, they are constantly destroyed by raw power as the military joins with the rich to take over or revolutionaries make frontal, armed assaults on the system or assassins attack candidates, etc. I have played power politics in the past and know how that rather brutal game works. It isn't a mathematical formula. That works only when systems work.

So it is here: the mathematical formulas used in game theory and in expressing economic actions are beginning to fail as we approach those inevitable 'break points' whereby all systems suddenly shatter and a free-for-all ensues or a free fall occurs. I have looked long into the analysis of many such events in the past and so far, have discovered that no one ever agrees on what really happened. Even with the Great Depression, there is total confusion as to why this global recession caused the value of money to rise and prices of all assets and raw materials to fall. Our present head of the Fed wrote very astute papers on this very topic and quite frankly, didn't understand a thing because he looked at it with his microscope rather than a telescope

Continued at:

http://www.321gold.com/editorials/supkis/supkis101607.html