As always I remind readers that this has been going on for quite some time under Presidents of BOTH parties… ~jude
So . . . you think you know quite a bit about Obama and his band of thieves.
You don’t know anything yet. Read on all of this as it all comes together in the last part…….. a must read.
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This is an interesting story put together from various articles and TV shows by the British Times paper. It shows what Obama and his friends are really all about. It’s not hope and change, it is money.
I warn you, the first part is a little boring, but stick with it. The
second part connects all the dots for you (it will open your eyes). The end explains how Obama and all his cronies will end up as
multi-billionaires. (It’s definitely worth the read. You will not be disappointed).
Goldman Sachs sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public Friday night.
Goldman Sachs disclosed the list of companies to the Senate Finance Committee after a threat of subpoena from Sen. Chuck Grassley, R-Ia.
Asked the significance of the list, Grassley said, “I hope it’s as simple as taxpayers deserve to know what happened to their money.”
He added, “We thought originally we were bailing out AIG. Then later on … we learned that the money flowed through AIG to a few big banks, and now we know that the money went from these few big banks to dozens of financial institutions all around the world.”
Grassley said he was reserving judgment on the appropriateness of U.S. taxpayer money ending up overseas until he learns more about the 32 entities.
Goldman Sachs (GS) received $5.55 billion from the government in fall of 2008 as payment for then-worthless securities it held in AIG. Goldman had already hedged its risk that the securities would go bad. It had entered into agreements to spread the risk with the 32 entities named in Friday’s report.
Overall, Goldman Sachs received a $12.9 billion payout from the government’s bailout of AIG, which was at one time the world’s largest insurance company.
Goldman Sachs also revealed to the Senate Finance Committee that it would have received $2.3 billion if AIG had gone under. Other large financial institutions, such as Citibank, JPMorgan Chase and Morgan Stanley, sold Goldman Sachs protection in the case of AIG’s collapse. Those institutions did not have to pay Goldman Sachs after the government stepped in with tax money.
I guess it obviously helps to have a “team”…lolll…Most of this info is already here on PWA but not put together chronologically…The SEC HAD a site where one could watch insider buying and selling…Early on when I went to verify that shares had indeed been sold the side had in effect been taken down…I subscribed to this site and received email alerts on certain stocks I was watching….The moment I saw that it had “in effect” been taken down, that was confirmation enough for me there was info nobody wanted the public to see!!!
I went through most of this info last night on twitter and quite a few people chimed in…They are very ANGRY…Keep the pressure on folks…End game~just another transfer of wealth and fitting the agenda for Climate-gate.
As we speak, the oil in the Gulf of Mexico still spews. As a matter of fact, it is flowing wide open. Yesterday, they removed the second dome they had said was there to contain the flow. They say the replacement for this one will be attached in four to ten days. You would think they they would have the replacement dome available before they remove the current one, but that is not the plan.
We mentioned in our article “Bombshell Expose’”, there is evidence these domes are a research experiment intended to collect methane crystals and data, not necessarily to contain the flow of oil and gasses.That is definitely part of it, judging by the live feed. A lot of instruments, meters and what appears to be memory cards, as well as the admission the dome has Methane Crystals building up inside. The article about Carbon storage and the need to research Methane Crystals being done at UChicago Argonne, indicates this is the opportunity to collect those Crystals.
It was also the opportunity to use the stockpiles of Corexit dispersants.
All the usual big players and a few radicals with start-up companies made fortunes on all ends of this disaster, from stocks, to clean-up and biofuel investments, Federal grants and Obama’s agenda included.
There were multiple agencies, both Federal and private who neglected or purposely overlooked warning signs. Many who were entrusted with inspection and oversight never even read the permit application, or design. They subbed out inspections to companies who did not have the capabilities to carry out an inspection.
The Gulf itself is targeted to be an Algae farm and all the big players are now rushing into start-ups and investing in biofuels.
Our oil, refining, gas and coal industries are under attack. He is not transforming the world off of fossil fuels, just the USA. O is contributing to offshore drilling, refining and mining in other countries. He is redistributing our wealth. Not among Americans, though. He’s transferring out of the country to Brazil, Venezuela, Nigeria, China, Russia, Indonesia & other “less fortunate” countries.
Before I get ahead of myself, I’d like to put the events in a chronological order, from beginning to current.
Before I go proverbially “whole hog” into this discussion of what I disclosed this past Friday night, I must first post a disclaimer:
1. I’m dead freaking broke, so if you can create a fictional lawsuit alleging I’m posting fiction about “your company,” well first screw you and second we’ll meet face to face in court because I don’t own enough to justify your lies and insanity, not that it has stopped TPTB in the past.
2. I have nothing to lose by posting information that is readily available on the internet for all to see if they would get off their lazy butts and pay attention.
3. Nothing stated here is a reach. You can pretty much read it and determine that the truth is out there but the MSM is too lazy and/or willing as accomplices to cover up for the corruption we are witnessing.
On Friday night, June 18, 2010 your esteemed BlogTalkRadio.com host and author of this website spoke about a subject apparently forbidden for the mainstream media or the talking trilogy of prime time and the other guy in not so prime time on Fox News could not discuss beyond flowery political platitudes. Glenn Beck, a somewhat famous talk show host who I met many moons ago when he was doing Tampa drive time at WFLA, stumbled upon one of the most important stories of the year which was promptly ignored by the very corporate media he is employed by and the various competitors who have only one agenda somewhat related to keeping their lips attached to President Purple Rain’s tuckus. This host however has no such obligations, interference, nor willingness to succumb to threats or intimidation as after all, when you have nothing else left to lose, you are truly free.
This article is the 2nd in an ongoing Examiner.com series on the BPGulf of Mexicooil spill and its environmental, economic, social and exopolitical impacts.
A pattern of evidence from independent investigative reportersis emerging to suggest that the BP oil “spill” in the Gulf of Mexico may be an intentional “false flag” event in the genre of disaster capitalism, with the “environmental war” purpose of wrecking the environment of the Gulf of Mexico and the easternUnited States and causing economic and social hardship to the population, and possible physical evacuation into FEMA camps operated by Halliburton on behalf of an international war crimes network. Halliburton is, by the emerging evidence, itself a prime suspect in the false flag operation.
Key principals who, by preliminary evidence, to be tied to criminal acts associated with insider profiting on the BP oil “spill” operation and with acts of pre-meditated sabotage or criminal negligence that initially caused the oil spill and exacerbated its environmental, economic and social effects, have been tied to previous “false flag” events of disaster capitalism and are operatives of this international war crimes racketeering network.
There is now evidence of intentional disaster capitalism in the BP oil spill, including “foreshadowing drills” by the U.S. agencies and the sabotage or criminal negligence involvement of Halliburton, first broadcast by this reporter Alfred Lambremont Webre and an independent scientist in a special investigative program on Vancouver Coop Radio CFRO 102.7 FM. Examiner readers can access the full summary and listen to the program in the article below.
On June 8, 2010, UFO filmmaker James Fox, broadcasting on the Veritas show, revealed a corporate-governmental private police state that was erasing constitutional guarantees in the BP oil spill impacted area in Grand Isle, LA. Mr. Fox stated, “Basically what’s happening is a complete media blackout. They are arresting people with cameras. They are arresting … They will even arrest … I was told off-camera that if they’re caught talking to a reporter, they are going to go to jail.”
A mainstream New Orleans TV news station, WDSU-TV in a video in the article below, confirmed Mr. Fox’s investigative reporting on June 12, 2010.
There is now confirmation of insider trading in BP stock by Goldman Sachs and an insider corporate takeover by Halliburton three weeks prior to the oil spill. On June 9, 2010, investigative reporters Sherri Kane (a former reporter with Fox News) and Leonard G. Horowitz reported that “Three weeks before the “natural gas leak,” the George Bush/Dick Cheney 9-11-linked Halliburton company negotiated the purchase of the world’s largest oil-spill cleanup firm (Boots & Coots) at the exact time keen observers on Wall Street–financial intelligence agents at Goldman Sachs unloaded 44% of their stock in BP. Goldman Sachs is covertly invested in the Bush-Cheney-linked Halliburton Company according to veteran observers. Goldman Sachs and Halliburton both had massive financial incentives to cause the profitable explosions–the three 9-11 WTC building demolitions, and the most recent ‘accident’ in the Gulf.”
One expert states that intentional environmental contamination of the ecology of the Gulf of Mexico is evidence of intent to depopulate the marine life, as well as the human population that depend on the Gulf of Mexico for survival. Moreover, the force multiplier effects of dispersants, deadly benzene and other fumes from petroleum and dispersants, and a severe hurricane season may force evacuation of the Gulf states of the U.S. There is now strong evidence that the Katrina hurricane was “steered” and “magnified” using advanced environmental war weapons, that can be applied as well to the hurricane season expected to follow the BP oil spill. Evacuation of the Gulf coast and eastern U.S. will most probably be into FEMA camps, that were built and are managed under Halliburton contracts, more evidence of “disaster capitalism” design to the BP oil spill environmental war operation.
There is a possibility of a blowout of the BP well site that will escalate the damaging effects of the oil spill. One expert states, “The system will collapse or fail substantially before we reach the finish line ahead of the well and the worst is yet to come. Sorry to bring you that news, I know it is grim, but that is the way I see it… I sincerely hope I am wrong. We need to prepare for the possibility of this blow out sending more oil into the gulf per week then what we already have now, because that is what a collapse of the system will cause. All the collection efforts that have captured oil will be erased in short order. The magnitude of this disaster will increase exponentially by the time we can do anything to halt it and our odds of actually even being able to halt it will go down. The magnitude and impact of this disaster will eclipse anything we have known in our life times if the worst or even near worst happens…”
This Examiner.com articles analyzes the evidence for the BP oil spill as an intentional “disaster capitalism” operation, with depopulation and anti-disclosure objectives.
If there is something growing faster than the plumes of oil spreading across the Gulf of Mexico, it is the unanswered questions about what is happening and what it means to all concerned:
Was the sinking of the Deepwater Horizon drilling rig an accident or is there a deeper story?
What will the impact be on Gulf of Mexico – on the ocean, on the Southern states, their wetlands, Mexico, Cuba, the Caribbean, and their wildlife, people and economy?
How long could the spill continue? What is the worst-case scenario? How far and wide could the oil go? What about related gas deposits?
How does the ecosystem normally deal with oil spills and seepages? What are the most effective methods of addressing them? How long does it take for an ecosystem to deal with a spill on its own?
Why were BP and its contractors not prepared to handle this event?
What is BP’s contractual relationship with the US government. Who owns what and how much? Who is liable for what?
Why did the federal regulators not require adequate contingency and disaster recovery plans?
Why did BP appoint as its ombudsman a former General Counsel of the CIA who is on the record as allowing false affidavits to be filed in federal court?
Why such remarkable similarities between the 1979 Gulf of Mexico oil spill and the current one?
Why did Goldman Sachs sell such a large position in BP shares shortly before the spill? What about other unusual stock sales and transactions prior to the spill?
Why has the response been so inadequate? Why have the state governors allowed BP and the federal government to control when the response appears inadequate?
Why are chemical dispersants being used on the spill? What will the impact be on wetlands and on rainfall throughout North America?
Could there be any truth to the rumors that the spill is helping the oil companies keep oil prices high and assert control of the wetlands along the gulf coast for future drilling?
What happens if BP cuts its dividend or declares bankruptcy? Shareholders have lost $95 billion in wealth and could lose another $95 billion. Who will get hurt? Could the US subsidiaries be spilt out from the rest of the company?
What does this mean for Exxon, Shell and the other companies in the oil and oil services industries.
Is the NWO going to use the spill as an excuse to railroad a cap and trade bill through Congress?
What is the impact of the spill going to be on the Anglo-American alliance?
How do we protect our homes and our assets from this type of “disaster capitalism?”
What can we change so that this can never happen again?
On this week’s Solari Report, I will be speaking with the person I most trust to help us understand events in the Gulf and its meaning around the globe, veteran reporter James R. (”Jim”) Norman, author of The Oil Card: Global Economic Warfare in the 21st Century.
Jim writes for McGraw-Hill’s Platts Oilgram News. He has been a senior editor at Forbes Magazine and was at BusinessWeek, where he served as Houston bureau chief. Prior to that, he won an AP award for investigative reporting (on an oil and gas scam) while a reporter for the Ann Arbor News in his home state of Michigan.
Jim is one of those rare experts who can integrate the dots between billions in the futures markets in New York, with what that means to politics from Moscow and Beijing to London and Washington, and how that impacts you and me on Main Street. There is simply no one better to help us understand what the Gulf Oil Spill means to our environmental, political and economic ecosystems.
I will start with my round up in Money & Markets and Ask Catherine. No Let’s Go to the Movies this week. If you have not yet, make sure you watch the comparison of the 1979 Oil Gulf Oil Spill vs. the current spill that we watched last week. (See below) We will be going an extra thirty minutes because of the complexity and importance of this topic.
Janine Wedel has written extensively on how the “shadow elite” rule the world and about the “flexians” – the movers and shakers of the shadow elite who glide across borders, and structure overlapping (and not fully revealed) roles in government, business, media, and think tanks to serve their own agendas.
Wedel says that flexians wear many hats both within and outside of government, and use their networks of contacts to influence policy – are warping our democracy and the rule of law.
Peter Sutherland is chairman of BP plc(1997 – current). He is alsochairman of Goldman Sachs International(1995 – current). He was appointed chairman of the London School of Economics in 2008…. Before these appointments, he was the founding director-general of the World Trade Organisation. He had previously served as director general of GATT since July 1993 [and was] chairman of the Board of Governors of the European Institute of Public Administration (Maastricht) 1991-1996.
Sutherland resigned as BP’s chairman in 2009, but apparently still serves in various key capacities.
Sutherland ismanaging director – as well as chairman – of Goldman Sachs International (Goldman Sachs International is the very powerful subsidiary of the Goldman Sachs Group, of which Lloyd Blankfein is CEO). Sutherland is also an Advisory Director of the Goldman Sachs Group itself.
As if that is not enough, Sutherland also serves in the following capacities (click on “Read Full Background”):
Mr. Sutherland served as an Attorney General of Ireland and also served as European Commissioner from 1985 to 1989 where he was responsible for competition policy…. He serves as the Chairman of British Petroleum, BP Amoco PLC and United Kingdom. From 1989 to 1993, he served as the Chairman of Allied Irish Bank. …. He serves as a Non-Executive Directorof Telefonaktiebolaget LM Ericsson. He serves as a Director of Goldman Sachs International. He has been Member of Supervisory Board at Allianz SE since January 2010 and serves as its Member of International Advisory Board …. Mr. Sutherland served as a Non Executive Director of BP Plc since July 1995. He serves as a Member of Foundation Board of World Economic Forum. He served as an Independent Non Executive Director of National Westminster Bank PLC since January 2001. He served as an Independent Non Executive Director of The Royal Bank Of Scotland Plc from January 2001 to February 6, 2009…. In addition, he serves on the board of Allianz, Koc Holding A.S. and is a member of the advisory board of Eli Lilly…. He served as a Director of LM Ericsson Telephone Co since 1996, Ericsson SPA since 1996 and Investor AB since 1995. He served as a Non Executive Director of Royal Bank of Scotland Group plc from January 2001 to February 6, 2009.
Sutherland is – literally – like Lloyd Blankfein and Tony Haywardrolled into one. But unlike Blankfein and Hayward, he has also held numerous powerful governmental and quasi-governmental positions.
BP is busted. Penalties already assessed BP exceed 60 $billion. The cost of the cleanup will run about $760m but that figure was ‘operative’ before the last failed attempt to plug up the hole. Damages increase daily, hourly as the hole remains unplugged, as the oil continues to spew!
Associated Press reports that damages have already wiped out some $75 billion in market value. By every definition, BP is bankrupt, finished! Kaput!
Firm’s stock sale nearly twice as large as any other institution; Represented 44 percent of total BP investment
The brokerage firm that’s faced the most scrutiny from regulators in the past year over the shorting of mortgage related securities seems to have had good timing when it came to something else: the stock of British oil giant BP.
According to regulatory filings, RawStory.com has found that Goldman Sachs sold 4,680,822 shares of BP in the first quarter of 2010. Goldman’s sales were the largest of any firm during that time. Goldman would have pocketed slightly more than $266 million if their holdings were sold at the average price of BP’s stock during the quarter.
Firm’s stock sale nearly twice as large as any other institution; Represented 44 percent of total BPinvestment
The brokerage firmthat’s faced the most scrutiny from regulators in the past year over the shortingof mortgage relatedsecurities seems to have had good timing when it came to something else: the stock of British oil giant BP.
According to regulatory filings, RawStory.com has found that Goldman Sachssold 4,680,822 shares of BP in the first quarter of 2010. Goldman’s sales were the largest of any firm during that time. Goldman would have pocketed slightly more than $266 million if their holdings were sold at the average price of BP’s stock during the quarter.
If Goldman had sold these shares today, their investment would have lost 36 percent its value, or $96 million. The share sales represented 44 percent of Goldman’s holdings — meaning that Goldman’s remaining holdings have still lost tens of millions in value.
The sale and its size itself isn’t unusual for a large asset management firm. Wall Street brokerages routinely buy and sell huge blocks of shares for themselves and their clients. In light of a recent SEC lawsuit arguing that Goldman kept information about a product they sold from their clients, however, the stock sale may raise fresh concern among Goldman’s critics. Goldman is also a frequent target of liberals and journalists, including Rolling Stone‘s Matt Taibbi, who famously dubbed the firm a “vampire squid.”
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