Rolling Stone’s Matt Taibbi is at it again, complaining about the Vampire Squid AKA Goldman Sachs, and Wall Street in general. He says this about the so-called *cough* “financial reform” *cough* bill that just passed through Congress:
All of this is great, but taken together, these reforms fail to address even a tenth of the real problem. Worse: They fail to even define what the real problem is. Over a long year of feverish lobbying and brutally intense backroom negotiations, a group of D.C. insiders fought over a single question: Just how much of the truth about the financial crisis should we share with the public? Do we admit that control over the economy in the past decade was ceded to a small group of rapacious criminals who to this day are engaged in a mind–numbing campaign of theft on a global scale? Or do we pretend that, minus a few bumps in the road that have mostly been smoothed out, the clean-hands capitalism of Adam Smith still rules the day in America? In other words, do people need to know the real version, in all its majestic whorebotchery, or can we get away with some bullshit cover story?
In passing Dodd-Frank, they went with the cover story.
Taibbi did his best to play the wrap-it-up song for up the (latest) Great Heist, the Great Check Bouncing Scheme, Enterprise Corruption (ZOMG it’s NSFW right now sorry) at it’s Finest, the Enronizing of the Entire Goddamn World. As usual the Goldman Sachs – NY Fed – US Treasury – SEC Nexus is portrayed as the bad guy.
Of course this Nexus, via it’s supercomputers, cost a whole lot of very rich speculators a whole LOT of money. On purpose, no doubt about it, but believe it or not the American lumpen-investor was not the target. No nooo nooooo: The Nexus had much, much bigger fish to fry. And Goldman et al fried them good; you have no idea. If anything the Nexus protected the interests of the small-fry American investor, whose retirements are locked up in 401K’s and whose funds are still being artificially propped up by whatever the Nexus is calling itself these days: Plunge Protection Team? Committee to Save the World? Team Squid? Whatever, it’s REAL target was those moneyed interests looking to profit from the U.S. ‘s demise. These speculators learned a painful and expensive lesson: Don’t short the U.S. They lost billions.
What Taibbi – actually pretty much everyone not directly involved – doesn’t understand is how much was at stake, especially these last few years. Average folk don’t know how close America came to losing its democratic Republic to a globally financed stealth revolution specifically meant to take it down. They were probably too busy watching American Idol. A relatively small number of Americans picked up the vague sinking feeling that something was rotten in Denmark D.C. and they were right: What was going on was was pretty stinky. Our nation was literally being hollowed out from within, Enron-style by government opeatives committing treason in favor of supranational interests. And our media was not covering it. They’re STILL not covering it. The stench from their rot remains even while their newspapers and magazines fold and their networks desperately scramble after dwindling viewership.
This global heist – and no doubt it was a heist – didn’t go quite as planned near the end. Certain highly-placed interests stopped the latest incarnation of this long-running World Revolution in its tracks. It was an enormous sting operation, call it a counter-revolution if you will, against a global agenda that would have ended national sovereignity by creating the first supra-national decisionmaking body with acutal enforcement powers. Success of this Revolution would have created the slow death of the power of the Nation State, which our socialist-leaning, EU-hugging globalist overlords considered “outdated.” And here you thought the Copenhagen Summit was about global warming. Suckas.
The Global Financial Clusterfuck was meant to take down the United States, and initially the U.S. government and the mainstream media appeared to cooperate with the Master Plan by closing its eyes to the machinations under its nose. However, a few stealth tweaks by some very influential people in the nosebleed section of the Nexus guaranteed that if allowed to fail, the U.S. would take the whole world down with it. Of course these folks had the firepower to back it up, too, in the form of both public and private armies. NOBODY would have won, so the Revolution blinked. Perhaps some other time.
There are patriots in our midst who were called to duty, and woe to anyone who ended up on their “list” or in their gun sights. I’d guess most of them were ex-military and government types but I really don’t know for sure. I do know this though: They took an oath to protect the U.S. Constitution from its enemies both foreign and domestic, and they put their money and their lives where their mouths were. It’s likely you’ll never learn their names. That’s quite all right with them.
Figuring this out led to my admittedly uncomfortable conclusion: Perhaps the Goldman Nexus really was doing “God’s work” after all. Maybe without even meaning to? Then again I suppose it depends on which side of the trade you were on. Wall Street won and the day is saved for Freedom and the American Way, whatever that means. To you the American Way might mean hamburgers, football and fast cars but for them it means the PRIVATE ownership, not public, of property and the means of production. Many also hold close the ideals of the Nation State, still convinced it can do the best job of protecting the private interests of its citizens. And they WON, whomever “they” are. It’s all over but the whining. If you consider yourself an American Patriot, just listen to the scammed losers braying like donkeys (“I’ll sue!”) and remember this essay. And when you finally get it, try to suppress your smirk.