Allen L Roland

New York Headquarters of Goldman Sachs crime syndicate

France's 24 Face Off did what American Main Stream TV won't do ~ feature Wall Street analyst Max Keiser telling the truth about Goldman Sachs ~ that they are criminal scum and Obama is paying them for the privilege of ripping off American taxpayers:

For your information, the federal government has devoted $4.7 trillion to help the financial sector through its crisis, a watchdog report said Monday. Under the worst of circumstances, the report said, the government's maximum exposure could total nearly $24 trillion, or $80,000 for every American. http://www.msnbc.msn.com/id/32010841/ns/business-us_business

And who made a financial killing during this meltdown ~ Goldman Sachs.

Max Keiser is priceless and is quite accurate in describing Obama as tap dancing to Goldman Sachs' tune. Keiser predicts that the next major banking crisis will occur within six months, the dollar is not a credible world currency and that Goldman Sachs' actions amount to ' financial terrorism '.

Keiser, like myself and many others, calls first for truth and transparency in our banking system. Obama has yet to heed to this call ~ and has now become part of the problem.

Click on to Part One and Two of Keiser in action ~ it's only about 12 minutes total but it's more than worth your time ~ and then read the New Yorkers satirical gem Goldman Sachs Internal Memo.

"Goldman Sachs are scum– that’s the bottom line. They have basically co-opted the government; they’ve co-opted the Treasury Department; the Federal Reserve functionality; they’ve co-opted the Obama administration." - Max Keiser

The New Yorker adds its satirical brilliance, on July 16th, with this Goldman Sachs Internal Memo:
http://www.newyorker.com/online/blogs/cartoonlounge/2009/07/goldman-sachs-internal-memo.html

Lead in ~ After all that federal aid, a resurgent Goldman Sachs is on course to dole out bonuses that could rival the record paydays of the heady bull-market years. Goldman… announced that it had earmarked $11.4 billion so far this year to compensate its workers. At that rate, Goldman employees could, on average, earn roughly $770,000 each this year.

~ The Times.

Internal Memorandum No. 8121b

ATTN: Employees of Goldman Sachs

" We did it ! Bottom of the ninth, down by three, bases loaded, and we cranked another grand slam to the moon. They may have shot Lennon, but nothing can kill the Beatles.

I admit things looked bleak for a minute there. We had to convert to a bank holding company and were forced to accept a taxpayer bailout. It felt un-American. Terribly unbanksmanly. But we accepted the money, knowing that we could magically weave it into a much larger mountain of money.

We had a few hard months there, didn’t we? They regulated our corporate jet so that we could no longer use it to fly from hole to hole on the green.
Dave had to drain his money pool to half capacity. I stopped injecting gold into my blood. They don’t call it a recession for nothing. One day, we’ll look back on the year we received only five-figure bonuses and laugh.

Wanting to celebrate our renewed success is natural, but it’s important that we don’t go crazy here. Remember, ten per cent of the non-bank country is unemployed, and even those who are working have “real” jobs, where payment is proportional to the creation of a “product” or a “service” Those poor bastards. So I ask that, in celebrating our raping of the stock market, we show restraint in the following ways:

Please limit high-fives and chest bumps to a dozen a day.
Don’t wear your crowns, except around the office.
Stop paying for things in Monopoly money ~ I understand it is the same as real money to us, but there have been some complaints.
For now, let’s take down the giant scoreboard that reads “Main Street: zero. Wall Street: a billion gazillion bajillion.”
Furthermore, to avoid drawing criticism from the press, this year the bonuses, expected to be comically large, will be distributed in blood diamonds, which can be easily concealed in a briefcase so it looks like we’re working.

I’d like to thank everyone who made this possible ~ for a second time. Respect to President Obama for keeping us in the green. Thanks to the big guy upstairs (me). And let’s not forget all the ordinary Americans, who, for some unfathomable reason, have refused to put us behind bars. We are literally taking money out of their wallets. Seriously, with these returns we are making Madoff look like a little kid with his hand caught in the cookie jar. Amateur !

Yours in money,
Lloyd Blankfein, C.E.O., Goldman Sachs "

And get this, folks ~ the Obama administration just picked Goldman Sachs Group Inc. Vice Chairman Robert Hormats to be the State Department's undersecretary for economic, energy and agricultural affairs, the White House announced Friday. Mr. Hormats will play a central role in managing Washington's "strategic and economic dialogue" with Beijing, a diplomatic exchange overseen by Mrs. Clinton and Treasury Secretary Timothy Geithner, according to the Wall Street Journal.
http://online.wsj.com/article/SB124788062989961233.html

The Golden triangle of financial obfuscation is Goldman Sachs, the Federal Reserve and the White House ~ if you're not outraged, you're on life support.

Allen L Roland
http://blogs.salon.com/0002255/2009/07/22.html

Freelance Online columnist Allen L Roland is available for comments, interviews and speaking engagements ( allen@allenroland.com )

Allen L Roland is a practicing psychotherapist, author and lecturer who also shares a daily political and social commentary on his weblog and website allenroland.com He also guest hosts a monthly national radio show TRUTHTALK on www.conscioustalk.

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Allen Roland’s weblog: http://blogs.salon.com/0002255/
Website: www.allenroland.com
ONLY THE TRUTH IS REVOLUTIONARY