The Goldman Sachs project — New World Government?

By leading the world's economies into chaos, Goldman Sachs is creating a situation where they can replace key government leaders with their own people.

It's a cheap con: scare your victim then move in to offer “protection.”
That’s the technique that’s now being used on a global scale to oust world leaders and effectively take over world government.

Goldman Sachs is a global bank that specializes in mergers and acquisitions, asset management and prime brokerage. It provides financial advice to corporations and governments around the world. Its executives can be found in all key levels of government - Mark Carney, head of the Bank of Canada, Stephen Friedman, Chairman of the Federal Reserve Bank of New York, Mario Draghi, President of the European Central Bank and Henry Paulson, former Treasury Secretary (USA) and Otmar Issing, a one-time board member of the Bundesbank and ex-chief economist of the European Central Bank.

Goldman Sachs are the world's foremost experts on taking over large institutions and running them. Their people - current and former Goldman Sachs executives - have been quietly advising world leaders on economic policy for years. No one is in a better position to take over and manage the world, for their own profit.
Goldman Sach's plan is simple: run the economy into the ground and step in to save the day.

Look at the results so far. In two European countries, elected leaders have been removed and replaced with executives with sweeping powers. What's not apparent from news reports is that the new leaders of Italy and Greece are closely connected with Goldman Sachs.

Lucas Papademos, named new Greek Prime Minister was former head of Greece's Central Bank, where he worked closely with Goldman Sachs to help the Greek government mask the true extent of its deficit.

Mario Monti was an international adviser to Goldman Sachs from 2005 until his nomination to lead the Italian government. He also worked closely with Goldman Sachs to reduce the apparent size of Italian government debt.

View Original Source

The Collapse of the Euro & the Fed’s $7 Trillion Bailout of the Banks November 28, 2011

After almost a year of litigation, Bloomberg finally won access to information detailing the full scope of the Fed’s bailout of the banks. The chart below, detailing the daily amounts MorganStanley was borrowing from the Fed, relative to its market value should keep European officials awake at night:

Ladies and Gentlemen, this is what a lender of last resort looks like. What you’re looking at here are three lines. The black line is Morgan Stanley’s market capitalization, which tends to hover in the $40 billion range but which fell as low as $9.8 billion in November 2008. The orange line is the amount that Morgan Stanley owed to the Federal Reserve on any given day — an amount which peaked at $107 billion on September 29, 2008. And the red line is the ratio between the two: Morgan Stanley’s debt to the Federal Reserve, expressed as a percentage of its market value. That ratio, it turns out, peaked at some point in October, at somewhere north of 750%.

The lack of transparency here is bad enough, let alone the $13 billion figure.

Secret Fed Loans Gave Banks Undisclosed $13B

And it isn’t only the U.S. bailing and re-bailing itself out.

If you’re looking for some good Euro-scare meat, look no further than this column from the FT’s Wolfgang Münchau. The basic gist: No really, now we’re getting into endgame. Why now? Because the increase in core yields, the failure of that German bund auction, and the increase in Spanish and Italian short-term yields, as well as the tightening of money for the banks, means it’s all almost over unless Europe immediately cooks up some kind of ECB-backed/Eurobond/fiscal union concoction.

Enter the IMF.

IMF drawing up £500bn package to save Italy, Spain and the euro

Heh: The #OccupyWallSt crowd is about 99% white:

A Fast Company survey last month found that African Americans, who are 12.6 percent of the U.S. population, make up only 1.6 percent of Occupy Wall Street.

Newt has surged to a nine-point lead over his closest rival, Mitt Romney.

Texas Governor Rick Perry can’t be all that bad on the illegal immigration issue given this news.

NBC News has confirmed with a source familiar with the matter that Sheriff Joe Arpaio of Maricopa County, Arizona, will endorse Rick Perry this week.

The DNC has released a devastating ad against Mitt Romney. To say that this is going to be a theme over the next few months is the understatement of the year.

One would think there wouldn’t be that much money to give to politicians today, given the news cited above. Perhaps this is more along the lines of investing, than donating to politicians. What goes around comes around and all that.

Democrats post big fundraising numbers for 2012 House races

No wonder the cocktail circuit loves him: Colin Powell blames the tea party for “divisiveness” or something or other. If civility got us $15 Trillion in debt, perhaps its a tad overrated.

BigPeace: 28-Nov-11 World View—Four Major Party Coalitions Vie For Seats In Egypt

No justice, no peace? Or, something like that.

A senior insurgent commander planned attacks on Nato soldiers is among those to have been granted amnesty under a British funded scheme to reintegrate Taliban fighters into Afghan society.

Is There a Risk The Euro Will Collapse?

Wells Fargo Chief Economist John Silvia and Euro Pacific Capital Senior Market Strategist John Browne on the European debt crisis and its impact to the Euro and U.S. economy.

JPMorgan, Goldman Sachs Sued Over MF Global Collapse

Reuters reports that Bank of America (BAC), Citigroup Inc. (C), Deutsche Bank (DB), Goldman Sachs (GS) and JPMorgan (JPM) were among the banks sued Friday afternoon in Manhattan federal court by two pension funds over losses on securities of broker-dealer IMF Global Holdings Ltd. (MF).

The complaint, which seeks to represent other shareholders in a class-action, or group suit, was filed by IBEW Local 90 Pension Fund and the Plumbers & Pipefitters’ Local #562 Pension Fund. In their complaints both funds state that the “registration statements and prospectuses for about $900 million of MF Global note offerings this year omitted how the New York based company was using high leverage, investing heavily in risky European sovereign debt, and not properly segregating client assets from its own.”

The complaint also said that the “banks helped draft the offering documents and sell the notes, collecting $21.2 million of fees”, but that their “failure to conduct an adequate due diligence investigation was a substantial factor” in MF Global’s collapse, as well as in defaults on the notes.”

The lawsuits seeks damages for investors “between February 3, 2011 and October 31, 2011 in MF Global securities, including its 1.875 percent convertible senior notes maturing in 2016, its 3.375 percent convertible senior notes maturing in 2018, and its 6.25 percent senior notes maturing in 2016.”

Other defendants in the complaint include several officials associated with MF Global, including former Chief Executive Jon Corzine.

MF Global Holdings filed for bankruptcy Oct. 31, 2011 after getting margin calls and listing debt of nearly $40 billion.

Gold/Silver Stake for Zombie Terrorist Bankers : Max Keiser

Italy's new prime minister, Mario Monti, has began work on forming a new 'technocrat' government to tackle the country's towering debt. An economist and former EU-commissioner, he now has to implement structural economic reforms to pull Italy out of its financial chaos. For more on this, RT talks to Max Keiser, financial analyst and host of the Keiser Report.