Tag Archives: Goldman Sachs

Remember those 13 American colonies of Britain? Get ready for 50 American “colonies” under China

50 more stars?

The American Revolutionary War was really all about trade and the exploitation of colonies across the world by the British Empire. Nobody wanted to live under foreign subjugation, and you can’t blame them.

Today, we face a trade war with China that could set us back 214 years to colony status.

The British were the worst in trade with colonies. They even allowed a government-chartered corporation to build an army of 28,000 to rule India, so that nation’s conquered poor would supply cheap raw goods to Britain.

The London mills then turned cotton, for example, into expensive cloth, sold for top dollar. The people in India never shared in the wealth their country generated until freedom in 1947.

Another example of Britain’s avarice was the slave trade. While some 300,000 Africans were shipped to the American South, some 2.6 million were sent by the British to the Caribbean to harvest sugar. By the Civil War the 300,000 in America had grown in population to 3 million, but 2.3 million Caribbean slaves had died off, leaving just 300,000 survivors. Hell Britannia! Continue reading →

If Trump had kept his campaign promise, a $50k couple would save an extra $2,739 in 2018 taxes

House Speaker Paul Ryan’s new tax law will save less than $9 a week for most working Americans, and many may receive cuts as little as $2.70. Meanwhile, a $1 million filer will gain $628 a week. The GOP plan smells like a few peanuts for the middle class and the elephant’s share of the tax cut designated for the very rich.

Let’s examine how the 2018 income tax really works, compared to what we were promised during the election campaign.

Current law now taxes a married couple for every dollar earned that exceeds $24,000 a year. Last year’s tax floor was $20,800, or a difference of $3,200.

Anyone earning exactly $24,000 in 2018 will save income tax of 10% of that $3,200, or $6.15 a week, versus last year.

What do you do with this $6.15 tax cut? If you are taking Xarelto for heart problems, as millions do, your tax bonanza won’t cover that drug’s $80 a month increase, or offset higher gas prices, or, or…

But what would have happened if candidate Donald Trump’s original tax plan had been adopted? Continue reading →

Who controls the World? Here’s what you need to know about how super companies are connected!

A study by the Swiss Federal Institute of Technology in Zurich has found that a mere 147 corporations control the world – orchestrating events and controlling governments. Many of their officials are members of the Trilateral Commission, participants in world economic forums and leaders of national governments.

The analysis examined the relations between 43,000 transnational corporations (TNC), and decided that the top 147 mega-corporations had huge power over world events.

James Glattfelder, who directed the Zurich team, said they began with a database listing 37 million companies and investors in the world. They identified 43,060 TNCs and the share ownership linking them. A model of which companies controlled others through shareholding networks, along with each company’s operating revenues, was created to map the structure of economic power.

From the 43,000 TNCs, the study revealed a core of 1,318 companies with interlocking owners. Continue reading →

Donald Trump will easily win the Wall Street vote!

President Donald Trump in February 2016:

“I know the guys at Goldman Sachs. They have total, total control over him (Ted Cruz). Just like they have total control over Hillary Clinton.”

Times have changed and there are now suggestions to rename the “East Wing” to “Hedge Fund Headquarters.”

Or more accurately – “GS Village in the Capitol.” This is the place where old bean counters and masters of economic disaster gather to decide how much financial misery the “little people” will endure without revolting.

A good and quick example is Anthony Scaramucci, He worked at Goldman Sachs‘s Investment Banking, Equities, and Private Wealth Management divisions from 1989 to 1996. Flamboyant, like his fictional counterpart, he lasted ten days before Trump replaced him with a retired general. The president’s picks for his cabinet tend to be either Wall Street bankers or multi-star generals. Guns and promises of rose gardens?

But GS and the financial class are hardly left without influence, despite Continue reading →

USS Mason jarred by Iranian missiles, despite our State Department approving $150 billion to Iran

A high ranking U.S. official, suggested on Sunday that the missiles fired by Houthis at the destroyer USS Mason on three attacks, while it was in the Gulf of Aden, were provided by Iran. Senator John McCain and others strongly agreed.

The failed missile attack from Iranian-backed rebel-held territory in Yemen came as news reports from Tehran revealed other Iranian-made ballistic missiles – “Zalzal 3” – were launched by the alliance of rebels and followers of ousted Yemeni president, Ali Abdullah Saleh, to hit various Saudi targets. Continue reading →

Hillary’s high-priced speeches all started with the $10 Billion bailed-out Morgan Stanley in April, 2013

At the end of August, 2008 Morgan Stanley received $10 billion under the Capital Purchase Program (CPP), also called the “big bank bailout” by average citizens, who wondered then why so much was spent on so few banks and financial institutions. After all, the direct cash came just from the taxpayers – $620 billion in all – in a flurry of so-called emergency disbursements.

And there was also money borrowed by Morgan Stanley – tons of it. Bloomberg News explained this way: Continue reading →

Outsourcing MBAs – a new and wonderful trend

With more than 27,000 employees around the world, State Street Corp. will absorb 100 employees from Morgan Stanley Investment Management as part of a deal announced today to provide servicing for investments worth about $300 billion.

State Street, which specializes in providing financial services to institutional investors, will handle trade settlement, portfolio administration, and reporting and reconciliation services for most of the Morgan Stanley unit’s $386 billion in assets under management. The 100 workers are mostly in the U.S., but some are based in other countries, a State Street spokeswoman said. A Morgan Stanley representative declined to comment.

State Street shares added 54 cents to $40.74 in morning trading. Morgan Stanley gained 56 cents to $31.07.

This is a wonderful trend if the Morgan Stanley jobs go overseas and American MBA’s are replaced with geniuses who prefer to live with cows or kill their daughters.

For too many years it was fun for the American elite to replace the working class with illegal aliens from Mexico – about 80% of “new” construction jobs. Brain jobs, like computer programming, were filled with Indians who would work for half pay for a couple years until they learned the real salary rates in this country.

But, if India wants to, it can graduate a million MBA’s every year, and most of them smarter than the legacy-ordained, lucre-lusting Harvard types. Salaries will drop from nearly a million dollars a year at some firms to $60,000, just as MS’s in Computer Science saw their pay plummet because of job competition imported from the land of worshiped cows, or outsourced to that former British wage slave colony.

Since the banks run the world, we will suddenly see a change in media and government to keep American jobs strong and not competing with denizens of jungles and rice paddies. That’s great news.

This could be bad news for Chelsea Clinton, however.

Chelsea is now engaged to her boyfriend Marc Mezvinsky, a spokesman for former President Clinton told ABC News this morning.

People magazine got a hold of the couple’s email to friends and family sharing the news. They’re planning to wed next summer.

Mezvinsky works at Goldman Sachs; his parents are both former members of Congress. His father pleaded guilty in 2002 to swindling dozens of investors out of $10 million after getting caught up in a Nigerian scam.

Maybe, Nigeria will start graduating MBA’s and Chelsea and hubby will go on food stamps, or maybe Marc could work at Bill Clinton’s library for $7.25 an hour until some NAFTA-inspired illegal alien takes the job for $3.

Marc can thank new daddy Bill for no job, low pay, NAFTA, the New Democrat Coalition, the Third Way, and the deregulation of banks and financial giants, including Goldman,

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