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Tuesday, 2017-06-27, 3:34 AM
If you have doubts about the existence of the Old World Order, they ought to vanish when you read Taibbi's article. You will see how an organisation makes itself so powerful (and is allowed to do so) that it effectively becomes a global government and bank, shaping the world's economy and politics for its own selfish ends.
If Goldman Sachs were attempting to create a New World Order that would raise humanity to a new, higher level, its mission might be welcomed and embraced. But it is doing the opposite. It is the Old World Order seeking to maintain a rich, privileged elite in perpetual wealth and power, with everyone else reduced to humiliating roles in a supporting cast of hangers-on, suckers and slaves.
As Taibbi says, "The bank's unprecedented reach and power have enabled it to turn all of America into a giant pump and dump scam, manipulating whole economic sectors for years at a time, moving the dice game as this or that market collapses, and all the time gorging itself on the unseen costs that are breaking families everywhere — high gas prices, rising consumer credit rates, half eaten pension funds, mass layoffs, future taxes to pay off bailouts. All that money that you're losing, it's going somewhere, and in both a literal and a figurative sense, Goldman Sachs is where it's going. The bank is a huge, highly sophisticated engine for converting the useful, deployed wealth of society into the least useful, most wasteful and insoluble substance on Earth — pure profit for rich individuals."
Taibbi is absolutely correct. Goldman Sachs is an engine for generating obscene profits for the super-rich. Why is such an engine allowed to exist?
No nation on earth would explicitly entrust its armed forces - its defence - to a powerful commercial company with rich shareholders that, independently of government, could declare war. In such circumstances, the army might be sent off to fight ridiculous wars that would enormously boost the value of companies in the military-industrial complex, handsomely reward the shareholders and do nothing whatever for the benefit of the nation. Think about the Vietnam War. Cui bono? Think about the American and British armies in Iraq. What were they doing there? Were they defending America and Britain? Or were they carrying out the will of a commercial organisation and its wealthy shareholders, all of whom profited massively from the war?
If a government declares a war that isn't necessary for the defence of the nation then you can be certain that forces behind the scenes that wish to engineer war for their own private interests are manipulating the government. The Iraq War is the classic example, a war that has proved disastrously counterproductive for America and Britain. Goldman Sachs was behind that war.
Goldman Sachs is a Zionist organisation and one of its great aims is to secure the defence of the state of Israel. Iraq under Saddam Hussein was a serious threat to Israel and so had to be removed. Control of Iraq would give Goldman Sachs access to plentiful cheap oil. Goldman Sachs wanted to seed the Middle East with western capitalist democracies over which it could then extend its dominion. It anticipated a "domino effect" - first Iraq would become a model of western values amongst the Arab nations of the Middle East and then, one by one, the other Islamic nations would adopt the same model. As each domino toppled, Israel would become safer, Goldman Sachs would get more oil, more influence, and more power. Its reach would extend further than ever before. The Iraq War was perfect - for Goldman Sachs. And that was why George W Bush, a puppet of Goldman Sachs, declared war and dragged the American people (and the British thanks to Bush's poodle Tony Blair) into an idiotic war that has achieved nothing.
Now consider the Credit Crunch. During the height of the crisis when banks were on the verge of collapse because of the irresponsible and reckless gambles they had taken, what happened? Did the world debate what needed to be done? Were ordinary people consulted? Did everyone implicated in the financial meltdown get fired? Or did a tiny group of elite, privileged bankers, economists and politicians - the very people who had caused the Credit Crunch in the first place - gather in a cabal, far from cameras and public scrutiny, and decide what actions to take? Did the people appoint these bankers and economists? Were the bankers and economists carrying out the people's will? Like hell they were. They were members of the Old World Order, protecting and advancing their own interests. Business as usual.
The biggest scam in history has taken place right in front of our faces and we have done nothing. Already, huge profits are flowing again through investment banks like Goldman Sachs and they are once again paying outrageous bonuses to their greedy staff. Not a single thing has changed. Not a single demonstrator is out on the streets to protest. Such is the power of the OWO. Such is the weakness and cowardice of the people.
While the British taxpayers were being ordered to bail out the banking leviathan RBS from the financial catastrophe it had brought on itself and the nation, Sir Fred "the Shred" Goodwin, the discredited chief executive, instead of being fired on the spot without any compensation, was sitting in a luxury boardroom working out the terms of a highly lucrative severance package, including a fabulous pension that he could enjoy immediately despite being only 50. (Goodwin's religion is a matter of controversy, but his mother is Jewish, making him technically a Jew. The significance of this point will become apparent later on.)
If the ordinary people were allowed into that boardroom rather than Goodwin's friends, allies and cronies, he would have been unceremoniously thrown out without a penny. But that never happens. The people are never consulted. They are never represented in the boardrooms of power. The Old World Order would never tolerate their presence. Their entire game is to ensure that the people are always excluded.
Ask yourself this question. Are the interests of rich bankers the same as those of the nation? Are bankers committed to doing what is best for the nation or what is best for themselves and their shareholders? The latter is self-evidently true. Do the bankers have a decisive influence over the economy? Unquestionably yes. Banks are the core of any nation's economy, providing the lifeblood (money) that flows through the system and keeps it alive. Are any bankers elected by the people to represent the people's interests? The answer is no. Therefore no one can deny that the economy of a nation is allowed to be in the hands of individuals unaccountable to the people who have different interests from those of the people. Whatever happened to "no taxation without representation"?
Does it make any sense for any nation to permit its economy to be outside the direct control of the people? Bankers serve their own interests, not those of the people. To allow them to run the economy is as ridiculous as allowing Coca Cola to run the US Army. You can't have unelected, private corporations dictating to the people. The entire basis of the banking system is wrong and contrary to the healthy functioning of the economy.
The financial meltdown would never have happened if the banks were tasked with serving the efficient running of the economy in the interests of every citizen. The meltdown was caused by a few greedy people taking enormous risks to bag themselves vast profits beyond the dreams of Midas. And no one stopped them. Why? Because these unelected individuals are the true power in the land. The government does their bidding. And when disaster comes along, the government turns to them to decide what to do next. It's as insane as asking Jesse James's gang to become security consultants at Fort Knox just after performing the biggest robbery in history.
No taxation without representation is the most ironic statement ever. The American people are, to all intents and purposes, entirely unrepresented when taxation decisions are being taken. The Old World Order - the fat bankers of Wall Street, unelected and contemptuous of the public - are the people who decide taxation policy. And Goldman Sachs is at the heart of the evil cabal.
When will the people wake up? Banks must be brought under the nation's direct control just as the army (supposedly) is. The army defends the nation and the banks support the economy. What could be simpler? No one should vote for any political party that is not committed to making banks accountable to the people. The banks' CEOs should be appointed in the same manner as Supreme Court justices, with a remit to serve the public interest. Their salaries and bonuses should be comparable to those of government officials, namely good but far from spectacular.
According to the International Monetary Fund, the global credit crunch has cost governments (and hence taxpayers) more than ten trillion dollars. Why is no one in jail for causing that amount of damage to the economy? If terrorists had caused a fraction of that damage, they would be hunted until doomsday. Yet no one lays a finger on the big, fat bankers, other than sacrificial offerings like Bernard Madoff, the Jewish super con man whom no one could possibly defend.
"There will be no whitewash at the White House," said disgraced President Richard Nixon. In fact, that's all there is at the White House. No real decisions are taken there. Go to the boardroom of Goldman Sachs if you want to be present at where American and world policy is actually decided.
There should be a Supreme Economic Council - analogous to the Supreme Court - which explicitly sets out the nation's economic policy and the role of the banks. Imagine the latest crazy derivatives product, or the latest whizzy idea to sell sub-prime mortgages to people with no money, having to be okayed by Nobel Prize winning economists on the Supreme Economic Council. All of the mad money-grabbing schemes would be killed at birth.
Imagine a Council with a complete overview of everything every bank is doing. The Council would immediately see if any bank were acting in a destabilising manner. The Council would tightly regulate the salaries and bonuses of finance staff. Sober, risk-averse, modest individuals aware of their responsibilities to the nation's economic health would replace cowboys, "masters of the universe" and "big swinging dicks". Financial stability would be the onus of the Council's remit. With effective regulation of remuneration packages, you could be sure that boom and bust would vanish forever. But that's never going to happen, is it? The Old World Order will brook no interference in the extravagant amounts of money they pay themselves. Unless we stop them. They often refer to their financial package as "compensation", as though they are enduring some terrible trauma in horrific conditions, for which vast amounts of money are the only way to make their nightmare tolerable. They should try working down a coal mine, or in any minimum wage job. Then they will discover what a nightmare really is.
Never again during a financial crisis should a cabal of unelected individuals be able to conspire behind closed doors to "fix" the disaster that they themselves engineered. How stupid are we to allow them to get away with it? How long will we endure this situation? When will we do something about it? The economy, like the military, is too important to be left in the hands of groups and individuals outwith the nation's control.
A government-controlled banking system can still be competitive and innovative. In the same way that military chiefs - without being paid stratospheric salaries and enormous incentive payments - can compete and innovate to produce more effective tactics and strategies, so can banking bosses. The military should be the model for the banking system: public servants serving the national good, people for whom duty and service to their country are far more important than personal profit. Generals and admirals are comfortably off, but don't belong to the ranks of the super-rich. Why should it be any different for bankers? Why can't they serve the nation rather than themselves?
To bring a single organisation - Goldman Sachs - to its knees would deliver a fatal blow to the Old World Order and finally liberate humanity. Every time another fat cat banker grabs another vast bonus from the enormous money trough, it is a nail in the coffin of the ordinary people. We can't allow ourselves to be treated this way any longer. Isn't it time we set to work to pull down the temples of money where the high priests of Mammon hold sway?