Gold Man Sacks The People

by bpulhem | November 11, 2009 at 07:16 pm
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Things have not changed since the giddy days of pre-2008 Financial Crash. Most call it a Recession. I call it a Depression. The only difference between the two is that a dollar was valued a lot more back in the 1920's. Today's dollar gets you a half buck in the Euro zone. We have all seen the movie (soon to be repeated almost daily after Thanksgiving) "Its a wonderful life"  So-Welcome back to the golden days where everyone lived happy Joyous and free. That is the Bankers of course. After a Forum somewhere in Europe last week the Chairman of Goldman Sachs was glittering in glee. Huge Bonuses outmatching those paid in 2007 and before for his hotshot Sauna loving hacks who learned years ago that God is Money. These folks and Chase Morgan Stanley have a glinted eye for any outstanding dollar that could add to their coffers regardless of who get hurt along the way. They stroll about the island of Golden sand and Blue water in the Winter and rejoice above the golden waves rippling forth into their coffers daily via every imaginable way of reaping that buck with names so far out the word derivatives are taught in grammar school.

Of course there was a major headline some weeks ago that read "Bailouts Help Revive Banks, And Bonuses'"So-whats the big deal? So what if Goldman Sachs became a Bank Holding Company with access to the treasury window after receiving billions of taxpayer dollars.? Morgan Stanley the same. People should understand by now that they are lucky they are "getting a little thinking they are getting a lot" (Machiavelli to The Prince) After all the stimulus gave them over 70 plus weeks of Unemployment Benefits! Seniors got a $250.00 dollar windfall in the Social Security Checks last year and may get more. And loads of people are still driving Lexus Caddies and other luxury Cars while those Big Screen Televisions are literally rolling out the doors of department stores nationwide.. Frankly why are so many complaining and why are they so angry? The people of the United States got what they wanted not once, But Twice! They elected George W Bush in 2000 and then again in 2004. Whatever birdbrains influenced their votes (mostly misleading and ugly characterizations of people who were running for office and who would not have brought us to ruin). This writer began buying Silver Coins and Ingots the very day GW was elected because I would rather have Poor Mans Gold than GW Bush and his peoples Paper which they called the dollar. Would Kerry Edwards have sent us into this depression? Probably but most likely not. We would have had a true Recession with perhaps a loss of 2 to 3 million Jobs but nothing near devastating as we face today. But We the people (do not include this writer in that) wanted Georgie Boy. The dear beloved mutterer and avoider who had a treasury Secretary so incompetent that he even allowed Allan Greenspan to use words like "froth" .As that happy family moved along upstart Banking Mortgage and Finance arms were doing their maneuverings behind the scenes. Up went the price of a home and up went the buyers of securities(their mortgages) while up up and beyond went the millions of folks who refinanced and cashed in their equity for bigger and better.. Flying up above the moon laughing all the way to their seaside resorts were the hustlers and the pimps along with the prostitutes called American Finance who because of the complex schemes they dreamed up would guarantee too big to fail and guarantee much more delightful lavish living.. So frankly folks (And I am going to take a hit here) we are in dire times and many Americans who loved loved loved Georgie Boy and Goldman along with Bernie Madoff and AIG deserve every thing they got including losing everything they had. I have never stood up for the Rich and I never will. This article is more about the ramifications of greed and lust. A great many American lusted for more more more and greed was what kept them glued to "Flip This House and that God awful lunatic couple Jon and Kate plus Eight"

So-while Gold Men sack The people ,do not be too surprised if they get rich while you get poorer. We have spent a great deal of time supporting the rich and forgetting about the poor. Sorry middle class but you too got caught up in the rushie lovie promises diddly squat Bush and his terrible toads promised you. Still-there is outrage in the air as evidenced by recent state and local elections but-sorry folks and especially you Independents. You can quack and scream hollar and do all  the voting for change you  want but until you release your Passivity and begin to show your real outrage at Wall Street and the Banks who are dithering at late night dinners buying 1000 dollar glasses of wine with your money-who cares about you! Go ahead and elect ultra right wing fringe lunatics next year. It will not be long afterwards you may find yourself carting huge bags of dollar Bills into your local Supermarket for a loaf of bread.

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