This Thursday, in a move that would make Baron von Louis Rothschild blush with shame (or burst with pride), Goldman Sachs will announce that it is more than doubling its bonus pool: from 11 billion in 2007 to 23 billion in 2008.
I always thought the concept of the “Welfare Queen” was eliminated during the Clinton Regime (where his SecTreas was a former chair of G S) however, Goldman Sachs has received billions of dollars in taxpayer welfare and supposedly paid that back, except for the 13 billion that was funneled through AIG to Goldman through loan guarantees.
Well, wouldn’t it be hunky dory if every loan we consumers took out from these banksters came with a guarantee that if we failed, our government would pay our loans off?
To diffuse any citizenry guillotine brigades, the Chairman of G S says that one billion dollars of that money will be given to charity, without specifying which charity it will be going to, probably Billionaire Overseas Villa Fund, or something like that. Well, empty rhetoric or the shiny keys of Madison Avenue hocus-pocus glitz are not fooling me any more. However, I don’t think much PR spin will be needed around this newest bonus outrage. There may be some international hell to pay, though, since 19 of the other G20 countries were rightly concerned about the image that out of control bonuses lends the already tarnished state of Robber Class deviltry, I am concerned that the threatening dumping of the dollar will begin to commence in earnest after this round.
Most Americans don’t even give a poop, which is incredible to me since almost 1 out of 4 of us who want work can’t find any and every 7 ½ seconds someone in this country will lose their homes in the continuing carnage of the bursting of the Federal Reserve-Goldman Sachs-AIG housing bubble.
Congress will make some squeaks in Goldman Sachs’ direction and The Laureate will say something like: “This is not acceptable,” then he will go forward in total acceptance and obsequiousness to his masters that put him in power.
What will the American Public do?
I am afraid that Goldman Sachs doesn’t even have to make the empty gesture of one billion dollars in charity because no guillotine brigades will march down Wall Street.
When Goldman Sachs wins the Nobel Prize in Economics next year, we will become mildly annoyed and then yawn in the best American tradition and go on allowing the Robber Class to steal us blind, hoping that there is another juicy divorce or celebrity death that can distract us from reality.
The Robber Class doesn’t frustrate me nearly as much as the Robbed Class. Robbers will be Robbers only as long as we in the Robbed Class let them.
With foreclosures out the wazzu and trillion-dollar deficits, these wretched "banksters" are "living large" and swiming deep in their lavish bonus pools, further exemplifing the abhorrent disconnect in our downtrodden, subservient society that is on the brink.
ReplyDeleteAnd they called it "Change." Sigh!
Serf's up!
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.
Thomas Jefferson,
"Swimming in their bonus pools", "serf's up"...
ReplyDeleteClever double entendre's Munich Man, and salient points!
These Goldman Saps defrauders will one day receive their recompense for their deeds of unexcusable excess at the expense of families who know what it is to actually do an honest day's work. Ill-gotten gains will leave a bitter taste.
How much UGLY will Americans and the World's people put up with from the Predators before they cancel their checks?
Problem is guys, will the sheeple even know about this latest atrocity by GS?
ReplyDeleteIs the msm reporting on this? And if they are, I'm sure they aren't making a big deal about it. Chances are the proles will shrug and say "there they go again" and flip the channel to their nightly mindless entertainment.
OR perhaps that will be the final straw? After all, so many are saying no to the flu shots. For the first time, I feel a glimmer of hope that the PTB have finally awakened the sleeping giant. Let's keep our fingers crossed this is the case. It's one minute to midnight.