The Formula

Finally, the article everyone is talking about is online!  Rolling Stone’s Matt Taibbi:  The Great American Bubble Machine:

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 . . .

. . .  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 . . . 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.

Villians or heroes? Depends on whose side you are on. Best not to choose sides.

Way to mix your metaphors, Mr. Taibbi! Did you just pull a Friedman? That’s all right sweetie; moving right along:  It’s the classis pump-and-dump, folks.  Much of the activity on the NYSE is Goldman selling its own stock to itself, pumping up the prices and then selling at a profit. Didn’t you know?  Time to get out of their sandbox, chumps, because they’re schoolyard bullies out for your lunch money. And here’s a little bit of forshadowing. Interesting!

The new carbon-credit market is a virtual repeat of the commodities-market casino that’s been kind to Goldman, except it has one delicious new wrinkle: If the plan goes forward as expected, the rise in prices will be government-mandated. Goldman won’t even have to rig the game. It will be rigged in advance.

I think cap-and-trade is going to fail, not just because earlier attempts have failed in Europe and the UK but because everyone already knows it’s a scam.  Consequently the Banksters are forcing governments to mandate  it.  The bubble-makers will rely on governmental force to ensure its profits.

Here’s the problem with that:  Whenever the Powers That Be set up another privilege entrenching control system (it’s all they know how to do), people end up putting more energy into bypassing the system than they put into playing along.  See: Former Soviet Union. Cap and Trade will fail, and everything will fall apart after that.  Since Americans don’t have the same social and governmental support systems that the Russians had when they went through their collapse we stand to suffer severely.  Mark my words: The failure of cap and trade to inflate the economy will act as a temporal marker in our nation’s collapse. It will not be the cause of the collapse because our demise was a foregone conclusion before any of us were even born:

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”

-Woodrow Wilson, after signing the Federal Reserve into existence

Taibbi says Goldman Sachs has been following the formula since the Roaring 20’s, but the pump-and-dump is just a mini formula that’s part of (and part of the fight against) a much larger and older scam, one that hails to the days of Old Europe when the Rothschilds used fractional banking methods to  debt-enslave and co-opt one aristocracy after another after another. This is an ancient war of sovereignty between Royalty and its Financiers, playing out like a Shakespearean drama where our role is  that of the crowd: Serfs and barnyard animals stupidly chewing our cuds, acting in concert as a cheering section or pitchfork waving rabble. Don’t be so proud of that pitchfork: Either way we’re taking your cues from our owners. The only escape is to exit the stage. 

Matt Taibbi is right: Many at Goldman Sachs are crooks. However, much of the money they’re stealing from us is purportedly “going toward a good cause,” and that’s why they can sleep at night: They’re fighting an enemy most of you have never heard of.  Goldman Sachs is goosing a failed paradigm, the main tool of the Main Enemy, because the alternative is capitulation to our enemy: Our creditors, the Men Behind the Curtain. It’s time for a recap of the Rothschild Fractional Reserve Banking Formula:

a. Establish a debt based banking monopoly.

b. Flood a targeted economy with credit, “monetizing” it until the economy can no longer afford to make the minimum payments on the loans;

c. Start making demands of the victim country, and punish it by calling loans or triggering hyperinflation and/or engineered “socialist revolutions” (paid agents provacateur) if/when the government balks. This can include both legal and illegal counterfeiting. See: Confessions of an Economic Hit Man;

d. If that does not achieve the necessary capitulations, abruptly shut the credit window, call loans en masse and play Repo Man;

e. Buy what remains at fire sale prices; and finally

f. Play Big Mack Daddy, wave a lot of money around, and dictate the terms of recovery to a desperate, angry mob.

So what is this “monetizing” thing, anyway?  The details are boring but here’s the upshot: Inflation.  It means watering down the value of a debt-based currency, which makes it easier to pay off debt. It’s been done many times to the U.S. dollar since it’s inception, but we’re nearing the point where it can no longer work.  That doesn’t prevent Goldman Sachs from trying.

Hear any bells ringing?  Sorry folks: It’s a death knell.

Goldman Sachs employees are NOT “the men behind the curtain.” They’re just technicians, doing their part in the aeon’s-long banksters war.  They are pirates and hero-villains, while the real men behind the curtain are aristocratic devils so rich you’ve never heard of them.

A significant cabal within Goldman Sachs is fighting the Rothshchild bankers using the banksters’ own tools:  One speculative bubble and Ponzi scheme after another after another to keep the game of musical chairs going and fight off the Rothschild Repo Man.  Meanwhile the Repo Man (probably a Chinese Man named Li) is biding his time, mulling over whether or not to bother with Step B and just move ahead to Steps C and D and get it over with . . . Or maybe not, since to do so would destroy his own country and possibly the rest of the world.  The Goldman Banksters have made sure of this.  In the Mafia it is called “doing business,” Chicago School:

Whose side do you want to be on? Who cares? They’re hungry wolves fighting over a herd of  sheep, and you’re the sheep!  They feed off YOU!   A sheep’s only hope is to escape the wolves’ clutches, hide in the wilderness and hope they eat each other before they can hunt you down for their next meal.  The best “green shoots” can be found in the economic wilderness outside of statist clutches anyway.  Think about THAT as you enter the Fourth of July weekend: Who is Sovereign? What makes a Free (Wo)Man?  And for you Obama lovers out there, it should be pretty clear by now which way he’s leaning:

It’s all just a matter of style: Team Red and Team Blue only play exhibition games.