Cartels and Goldman Sachs have a similar same business model.
They both have no ethics, empathy, or morals of any kind, and they both have numerous members who deserve life in prison with no parole.
Wall Street ethics is a sort of oxymoron—but there’s no player who has dirtied their hands more than Goldman Sachs.
They run the investment banking underworld.
“Integrity is eroding at Goldman. The environment is as toxic and destructive as I’ve ever seen it… It makes me ill how callously people talk about ripping their clients off.”” — Greg Smith, ex-Goldman Sachs VP
Here’s how Goldman Sachs is influencing the government, controlling the world, and destroying the lives of every American with a 401(k).
The Goldman Sachs Mafia
Founded in 1869, Goldman Sachs is an investment bank that employs some of the smartest people on the planet.
Goldman is like the Ivy League of investment banks: landing a job there is like being accepted to Harvard—you can’t just be good at your job, you have to be the best.
But once you make it to Goldman, you’re pretty much set up for life.
Today Goldman members occupy the most powerful positions in the world including top spots in presidential cabinets, former heads of the NYC Stock Exchange, and leadership positions in the European Central Bank, Canadian National Bank, Bank of England, and National Bank of Greece.
Goldman Sach’s bankers have become so ubiquitous and so powerful that they even carry a name: “The Goldman Sachs Mafia.”
“Really, it’s fair to say that it is impossible in America to vote against the interests of Goldman Sachs.” — Chris Hedges, author of “The World as It Is”
Here are a few of Goldman’s key players:
Henry Paulson (George Bush’s Treasury secretary): Paulson spent 32 years at Goldman and directed who and who not to bail out during the 2008 housing crisis, including not helping out Lehman Brothers, Goldman’s competitor. Lehman folded later that year.
Robert Rubin (Bill Clinton’s Former Treasurer): Rubin created the parameters for the Dotcom bubble by removing key regulations allowing for investment banks to quickly take companies public. Goldman profited by taking numerous early internet companies to the stock market before they blew up in investors’ faces. He spent 26 years at Goldman Sachs.
Robert Zoellick (Former President of World Bank): Under Zoellick $2 billion went unaccounted for due to “computer glitches.” He previously worked as a managing director at Goldman.
Steve Mnuchin (Treasury Secretary under Trump): Mnuchin spent 16 years at Goldman and was put under investigation last year for foreign corruption. Weirdly enough, he was also the producer on such hit movies as “Wonder Woman”, “The LEGO Movie” and quite a few others.
Joe Biden: Nah, he’s not a Goldman player. In fact, you have to give it to Mr. Biden, he’s completely shut Wall St. off from his cabinet. Not bad Joe.
How Goldman Sachs Stole Your Wealth
As one of the family members of the Rothschilds said, “Let me control the money of a nation and I care not who makes its laws.”
Goldman is one of the major banking institutions in control of America, and since 1990 they have engineered every major financial bubble (5) we’ve been a part of. I recommend reading “Rolling Stone” writer Matt Taibi’s article “The Great American Bubble Machine” to learn more.
But here’s the evidence as I understand it —
Bubble#1:The Dotcom Disaster
Originally companies had to exist for 5 years and 3 years of being profitable before going public on the stock market. Not under Goldman. Ex-Goldman employee and Treasury Secretary Robert Rubin ended this law and allowed tons of shiesty, scammy, shit websites like Pets.com and Webvan to go public and screw investors.
When the bubble burst it wiped out $5 Trillion on the NASDAQ alone.
Bubble #2: 2008 Housing Crash Apocalypse
Goldman had its best years during and after the mortgage crisis, according to Larry Rubinoff a mortgage specialist. They paid rating agencies to give false ratings on these securities and led investors to believe they were safe. Goldman knew the mortgages would fail. They didn’t tell anyone.
What were the consequences?
Nothing. Of course.
Moreover, when choosing who to bail out ex-Goldman employee and Treasury Secretary Henry Paulson chose to bail out insurance company AIG which owed Goldman $13 billion, but not Lehman Brothers, their competitor at the time.
As soon as Lehman sank a $700 billion bailout package was created.
Bubble #3: $4 A Gallon
After 2008 the banks needed a new bubble to inflate. They chose crude oil.
Shortly after, gasoline rose to $4 a gallon, not because of poor supply and increased demand, but because the big banks like Goldman were trading oil 27 times before it was actually used. The common man never stood a chance.
Bubble #4: Greece
Greece wanted to enter the EU but could only do so if it eliminated its debt.
Enter Goldman, who cooked their books and made it seem as though Greece paid all its debts off so it could join.
Yeah, Greece!
Except, when Greece defaulted on its debt the EU was shaken as a whole and Greece almost completely collapsed under the pressure. And what did Goldman do?
They shorted the Greek’s debt just after they had “fixed” it.
Bubble #5: Betting against their own clients
Greece isn’t the only place where Goldman bets against their own clients. They do it in America too. According to former Goldman Sachs VP Greg Smith, Goldman tends to sell overly sophisticated financial products to unsophisticated investors.
They call this “striking gold.”
“What Goldman will do is approach one of these mutual funds that represent people’s 401(ks) or teacher’s retirement pension funds in Alabama, Virgina or Oregon and say we have this great product which will serve your needs.
What they don’t realize is these funds are paying two or three million dollars upfront due to their lack of sophistication. These are very complicated derivative securities. Goldman doesn’t need to tell anyone this.”
Final Thoughts
Everything you see on television is political theater.
As soon as the lights go off everyone, both Democrats and Republicans, go to lunch, collects their lobbying money, and insider trades based on information that is never available to the public.
(Read about Nancy Pelosi’s case)
Multi-billion dollar companies like BlackRock, Vanguard, and Goldman Sachs run the world. And the worst part? There is no mechanism for ordinary citizens to fight back.
The worst parts of America—that are in full view for the rest of the world, are here too, they’re just hidden in plain sight.
“Empires that oppose abroad, always impose at home.“— Plutarch
We’re in a noticeable decline.
The American empire may fall like Athens and Rome before it.
The only difference this time is because of banks like Goldman Sachs and BlackRock our civilization is tied up globally. We could bring the entire planet down with us this time. We’ll see. I’m staying positive. I think.
Thank you, succinct and elegant. And Alex Mashinsky is public enemy number one? By comparison he's the local meth head selling $20 deals to teenagers.
Perfectly said.