The first thing you need to know about Goldman Sachs is that it's
everywhere. The world's most powerful investment bank is a great
vampire squid wrapped around the face of humanity, relentlessly
jamming its blood funnel into anything that smells like money.

Any attempt to construct a narrative around all the former Goldmanites
in influential positions quickly becomes an absurd and pointless
exercise, like trying to make a list of everything. What you need to
know is the big picture: If America is circling the drain, Goldman
Sachs has found a way to be that drain — an extremely unfortunate
loophole in the system of Western democratic capitalism, which never
foresaw that in a society governed passively by free markets and free
elections, organized greed always defeats disorganized democracy.

They achieve this using the same playbook over and over again. The
formula is relatively simple: Goldman positions itself in the middle
of a speculative bubble, selling investments they know are crap. Then
they hoover up vast sums from the middle and lower floors of society
with the aid of a crippled and corrupt state that allows it to rewrite
the rules in exchange for the relative pennies the bank throws at
political patronage. Finally, when it all goes bust, leaving millions
of ordinary citizens broke and starving, they begin the entire process
over again, riding in to rescue us all by lending us back our own
money at interest, selling themselves as men above greed, just a bunch
of really smart guys keeping the wheels greased. They've been pulling
this same stunt over and over since the 1920s — and now they're
preparing to do it again, creating what may be the biggest and most
audacious bubble yet.

--~--~---------~--~----~------------~-------~--~----~
You received this message because you are subscribed to the Google Groups 
""GLOBAL SPECULATORS"" group.
To post to this group, send email to [email protected]
To unsubscribe from this group, send email to 
[email protected]
For more options, visit this group at 
http://groups.google.com/group/globalspeculators?hl=en
-~----------~----~----~----~------~----~------~--~---

Reply via email to