Goldman Sachs, Outrageous Bonuses and Buying Guns

The Official Obama Propaganda Organs, that would be just about all the media with the exception of FOX, talk radio and blogs such as this one, fell over themselves to hail Goldman’s Sachs announcement that they will not offer “cash bonuses” for it’s  top executives.

Understand that this preemptive announcement is meant to hide the fact that the bonuses will be the outrageously high, probably the highest ever and yes it was accomplished with your money! Not only that but Obama’s financiers, Warren Buffet is getting $500,000, 000  ( don’t bother counting the zeros its five hundred million) from Goldman Sachs  every year just in interest payments..again, largely thanks to your money!

What did you say? You have no job and no money for Obama and Soros and Geithner and Buffet to steal? Don’t worry they’ll just put your kids and grand-kids in hock

For you see, while ACORN and other Obama agitators made a showing of going to the houses of AIG executives and protesting and hollering racial insults at them, the true fleecing was going on across the street at Goldman Sachs. The administration is counting in the fact that most Americans don’t understand the “complexity” of the transaction.

…It’s because he gave your money and your children and grandchildren’s money to Goldman Sachs, Warren Buffet, George Soros etc. They in turn give the money to Obama and ACORN and you and your family have become surfs indentured to the Marxist left and their cronies in high finance.

The Theft  ( inside job)

Well, here is a quick reminder of how the theft of your money actually happened and in spite of what Obama says it was really, really  simple.  The government ie. the New York Federal Reserve Chairman  agreed  to pay the banks 100% of the price of the swaps that the banks including Goldman Sachs had bought from AIG.

Its simple really, Goldman Sacks bought the “swaps” ( don’t worry about what that means it doesn’t really matter) for 40 cents on the dollar and the  Government gave them 100 cents on the dollar for them. That’s it, that’ s the brilliant “complicated” solution that Geithner’s brain belched out

This theft of your money  was facilitated  directly  by the then  Chairman of the Federal Reserve Bank of New York just  as Bloomnerg reported after viewing the documents , “Part of a sentence in the document was crossed out. It contained a blank space that was intended to show the amount of the haircut the banks would take, according to people who saw the term sheet.” (The term  “haircut” is financial slang representing  the discount to par that an assets sells for.  Say you bought a stock for $10 and sold it for $6 you got a 40% “haircut”.)

Clearly the FED initially sought to not pay full price to Goldman Sachs and a few other banks but rather, rightfully, allow them to take responsibility for their mistakes.  The Chairman of the New York Federal Reserve Bank himself intervened and with a magic marker blacked out that sentence and gave Goldman Sachs an instant  profit of over  100% . The total price tag was $62 Billion dollars for assets that were bought  for about $29.6 billion.  Goldman Sachs got the lions share of that to the tune of $14 Billion of our money over a 14 month period.  Isn’t high finance grand when you can steal from the public with the permission and backig of the government? Just buy any garbage you can and if you lose money, hey, no sweat, Obama and the libs will make sure you’ll have a profit.

The Payoff

The reward that the Chairman of the New York Federal Reserve got for stealing your money and giving it to Goldman Sachs?

Well, well, well, you see, Goldman Sachs had just gotten a $5,000,0000,0000 ( five billion dollar) loan form Warren Buffet. We can’t possibly let Warren Buffet lose money just becasue you are unemployed can we? Of course not, if you ar unemployed and can’t give Buffet any money , why that’s no problem,  the government will just put your children and grand children in debt..while Obama, Buffet and Soros  and Gorelick and Geitner fly around in Air Force One. ( When the hell are we going to see the pics from inside Air force One anyway?)

OK back to the reward given to  the Chairman of the new York Federal Reserve Bank  for taking your and your children and your grand children money? Well, he became the Secretary of the Treasury, Tim Geithner!

Remember how the lib crooks and their lackeys in the media howled like banshees  whenever anyone questioned the logic of giving the treasury job to a crook who couldn’t even figure out his own taxes? Now you know why. It’s because he gave your money and your children and grandchildren’s  money to Goldman Sachs, Warren Buffet, George Soros etc. They in turn give the money to Obama and ACORN and you and your family have become surfs indentured to the Marxist left and their cronies in high finance.

Apropos, Buffet gets $500,000,000 ( five hundred million) dollars in interest  alone, every year becasue they stole your money to bail  out Goldman Sachs, but its OK becasue we get to hear how brilliant Buffet and Geithner  are.

The Backlash?

Fast forward to now, Goldman Sachs announces that the bonuses will not be cash and the media hails it as the second coming of Obama. Truth is that the bonuses will be astronomical and will be in stock. The future recipients of these bonuses are not worried about losing money if the stocks drop in price, they’ll hedge against that.  What worries them is what your reaction will be once you find out how much they made and they are especialy woried of what you might do  if the financial system collapses becasue of the Obama plan to cause the “golden crisis”. For that too they are finding ways to hedge, they are buying guns.

Yes that’s right Godlamn Sachs and co. are very concerned that blogs such as this one will put out the truth and you might have objections to quietly selling your children into serfdom so that Geithner can buy another Bently, and Jamie Gorelick can get another ten million dollar bonus  or Soros and  Buffet can buy another private jet and Obama can take his wife and kids on jaunts to Hawaii or New York. They are buying hand guns.  I bet with all that money they can probably get a very nice set of sequentially numbered Les Baers. Oh and just for the record, unless you are a Goldamn Sachs big wig ,good luck buying  agun in Mayor Bloomberg’s NYC – that’s reserved for the elites not for the likes of us rednecks!

You can see some of the Goldman Sachs Directors here

Dec. 1 (Bloomberg) — “I just wrote my first reference for a gun permit,” said a friend, who told me of swearing to the good character of a Goldman Sachs Group Inc. banker who applied to the local police for a permit to buy a pistol”

P.S.

Also I’m not sure on what experience the Bloomberg reporter, Amy Schroder,  is drawing her conclusion but yes a gun is in fact very useful if you find yourself in a home invasion situation. Over 2 million Americans find that out each and every year, hey Amy, why not do some “investigative journalism’ and ask them.