Eye on Geithner: where G-Sachs’ bailout $ went
Just wanted to be certain you caught the one about Goldman Sachs’ disclosure of the list of financial recipients from when Goldman paid off its overseas bets using US taxpayer monies under the label “bailout.”
As many have said before me, their fancy financial transactions should have resulted in jailouts, not a bailouts.
So Goldman Sachs was paid twice, minimum.
Meanwhile, we got rooked by banking racketeers which in turn made their hugely obscene bonuses possible. What accounts for their huge, ballooning noggins – like astronauts’ swollen heads in space – only the god of hubris can tell.
But why should he spill the beans?
For as shipping and railroad magnate Cornelius Vanderbilt was fond of saying, “What do I care about the law? Hain’t I got the power?”
I remember the Lehman bankruptcy in Septermber 08 and that pretty much put Obama in winning position, just shows that the powers that be can play any game changer when they like, even health scares and terrorism can be played to shape the climate, so its important that people are able to know about this really.
Jude what do you see in terms of the winners in the midterms, the cardinal climax would make me feel like it would be a perhaps a very bitter and divisive outcome?
Al
July 25, 2010 at 10:45 pm
Yes, bitterness, harshness, and cruelty are the flavors i’m getting from the Cardinal T-SQs and Cross, a repeat of a planetary pattern on the scene during the 30s.
My very brief, preliminary glance at the Nov 2, 2010 midterms (set in DC) shows Ds ahead early with Rs pulling ahead by close. This may not stand up under further scrutiny and is general only, but when I complete writing a certain article for a particular online e-zine, my plan is to spend more time on the pesky thing.
Thanks a bunch for your insights, Al. I agree that the global power elite are able to shape events (and perceptions) much more minutely than the average person tends to realize. jude
Jude Cowell
July 26, 2010 at 8:41 am
Agreed, and Obama’s past links to Wall Street are telling esp since they helped put him in the W-H.
As i keep grousing, the ‘peaceful’ presidential baton passing on Jan 20 are simply one nwo shill taking over for the one who’s all tired out…the agenda remains the same.
We’re being ruled by gangs of robbers hiding in plain sight! jc
Jude Cowell
July 25, 2010 at 7:20 pm
Jude you are right about this Geithner is completely implicated in all the dodgy and crooked stuff that went on with the bailouts, and GS just keeps appearing anywhere, but the sad thing is what can we even do about it, the regulators are bought and people just too lazy to campaign against any of this!
Al
July 25, 2010 at 12:46 pm