Stacy Summary: Of course, Max has been saying this for more than a year now, and Paul B. Farrell at Dow Jones Marketwatch has caught the Max meme:
The beauty of prosecuting a conspiracy under RICO is that the conspiracy is a separate crime. And all members may be guilty of conspiring to commit each crime in pursuit of the conspiracy’s overall agreement. RICO’s list includes: Fraud, extortion, embezzling, theft, gambling, money laundering, bankruptcy, securities violations and obstruction of justice.And right now, that may even cover bankers “cooking the books” using taxpayers’ TARP money to generate doctored, phony earnings to deceive investors. And hidden behind the individual crimes may be a collective act of treason to take over control of the American economy as the moneyed “superpower.”With Henry Paulson at Treasury earlier, Goldman Sachs had absolute power, with the absolute backing of the party then in control of Washington. Flash forward: Now, with all their people, programs, lobbyists and connections left behind like landmines inside Washington’s new administration, the power of the “Goldman Conspiracy” may now be absolute, as in Lord Acton’s historic warning that “power corrupts and absolute power corrupts absolutely.”
Max saying the same thing in his own inimitable way:
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Max: say it Frenchy ‘chowdah!’
Frenchy: ‘chow derr.’
Wells Fargo may be upping the ante on getting people whom are currently paying US Federal Student loans to transfer their loans to WF.
I know someone that was called twice in one day.
http://800notes.com/Phone.aspx/1-877-599-6787
Speaking of Maxes memes I want to take up a collection (gold accepted) for extinct memes. First on my list is Freedom! Any takers? I’ll accept contributions for peace order and good government. I guess the air is thin up here, I’m not thinking straight. What foolish thoughts. Must be a meme fart or a flash back.
As far as a Forum, may I suggest again the installation of diqus on this blog.
http://disqus.com/
that’s my 2 centavos.
@ FrankHope:
Indeed, my friend.
Nice job.
@ smallz
If you google SIGTARP as you suggested, you’ll likely come across my article “SIGTARP is the new sheriff in town“. I note in there that Barofsky has more than enough authority to go after the crooks like Goldman Sachs, but sadly he seems to be lacking in desire. It’s left up to Cuomo to go after the big boys. Barofsky should be embarassed that he is being upstaged by the NY Attorney General’s office. It took only days to get billions of dollars from the TARP into the hands of these criminals, but it takes months to get any kind of investigation of their criminal activities off the ground. That’s shameful and disgusting.
Max, your reaction to Afshins question on old ladies opening accounts at Goldman-Sachs at 3:35 is PRICELESS!
Seen it a hundred times and it only gets more and more funny, given the tragic context.
After listening to Max’s interview on French TV, I couldn’t help but adding this other quote from my article from September 2008 titled “Goldman Sachs: Wall St. Gangstas“.
“It’s time to recognize who the biggest criminals are. It’s not the “narco-trafficers” or the “islamo-terrorists”. The biggest Organized Criminals are on Wall St. And the biggest and most powerful of the Wall St. Gangs is Goldman Sachs.”
I think Max would agree with that.
When I first read the “Jack Bauer” column by Farrell, I thought I had been plagiarized. Anyway, it’s good to have someone confirm my statements regarding Goldman Sachs.
Compare some quotes from Farrell’s article with some quotes from my previous blog entries.
Farrell: “The other drama in play: “Hank the Hammer” Paulson, iconic Wall Street hero, a Trojan Horse placed inside Washington by Goldman Sachs as Treasury Secretary in control of America’s $15 trillion economy.”
Me: “In a scene reminiscent of the St. Valentine’s Day Massacre, Goldman Sachs has emerged victorious in the recent Wall St. Gang Wars. Like all good Organized Criminals, the GS gang has high-level officials on their payroll that assist them in getting away with their nefarious deals. In this case look no further than Secretary of Treasury, Henry Paulson, the former Chairman and CEO of Goldman Sachs.”
Farrell again: “Drama? You bet. Six short months ago Hank led an assault on Congress. The scene parallels one in “24:” Sangala War Lord Juma’s brazen attack inside the White House. But no AK-47s necessary. The Hammer assaulted Congress with just a two-and-a-half page memo in hand. Like a crack special-ops warrior, he took down the enemy, demanding $750 billion, absolute control, total secrecy, no accountability and emergency powers to act immediately … warning that inaction was not an option, that collapse of America’s banking system was imminent, would bring down the global monetary system, pushing world’s economies into a “Great Depression II.” Congress surrendered.”
Me again: “Congress has been handed a ransom note from the Wall St. Bankers that have kidnapped the economy. “Hurricane Hank” Paulson has revealed his true identity as the Godfather of the Gang and has presented the Economic Terrorist’s demands on National TV. He is demanding that $700 Billion be handed over immediately, and also immunity from prosecution for his fellow Criminal Conspirators. If his demands are not met, he is threatening a Global Economic Disaster.”
Of course I should mention that I received considerable inspiration from the master himself – Max Keiser. Maybe it’s just a case of great minds thinking alike.
Of course the big difference is that Max and I were saying these things when it mattered – before the bailout was finalized. It’s kind of like the people who now think the Iraq war was a bad idea. It’s nice that you came around, but next time how about taking a stand before the sh*t hits the fan?
As colorful as Keiser is, he’s also crystal clear in black & white you listen with 20/20.
Recently, Max is one of the few commentators repeatedly underlining the OUTRIGHT fraud, coercion, and theft committed by Paulson and Bernanke, against Ken Lewis of B of A, according to a report from NY Attorney Gen.
Most people have lost sight of the fact that these claims are derived from an investigation being conducted by the New York Attorney General IN ADDITION TO the TARP Inspector Mr. General Neil Barofsky, not some half-ass reporter.
This is so serious the US media is trying to ignore it.
But the reality remains, according to Barofsky, that 20 investigations are being conducted relative to mis-allocation of TARP federal funds. (Google: SIGTARP)
SIGTARP definitely has teeth, but it may not have an appetite.
And sadly it seems, The mainstream media wants to throw Lewis under the bus instead of using his testimony to hand the top gangsters.
No conspiracy there.
Time to bring back Madame La Guillotine.
RICO… now that is a nice dream to have… just need an honest prosecutor, judge, and someone with a death wish to try it… zzzz
Does this mean we’re any closer to justice? Or am I being naive?
Stacy
Pretty please with sugar on can we have a forum so we can all chat????
BTW WHEN will Britian fall into the sea?
Mike
I talked to a investment guy wanting to know more about bartering systems and virtual currencies (my tubecoin.com site). Beside concurring with the view that the fiat currency system is running out of oxygen he had a (somewhat unexpected) key question: how do bartering systems fail. Maybe the Oracle can predit that ‘governments will outlaw all virtual currencies ‘ other than those cooked up by the banking oligarchy.
@Stacey – Sounds good, thanks!!
@Colin – Max has a new blog coming out on Huffpo talking about this very issue. I think you will like it. Keep coming back (or subscribe to feed, of course). Will be here as soon as huffpo posts it.
As a mere pawn in the Hedge Fund Services Industry I’m coming across alot of financial doom and gloom each and every working day. From reading alot of max’s work and watching his numerous tv appearances, it seems that this doom and gloom could be aided alot more efficiently and promptly but for the IDIOTS that continue to be in “power”.
My question is, does anyone know if there are ”devil’s advocates” being utilised for these shambolic policies (e.g. the bail outs) that are being rolled out by governments all over the world?
RISE UP!!!