The Goldman Sachs philosophy

The more things change, the more they stay the same. Below is the text of an article supposedly published in the United States Bankers' Magazine in 1892. Goldman, like all the other banks use the differences between Democrats and Republicans like two pit bulls in a dog fight. They are the ones gambling and laughing and making money in the stands but for the dogs, it's life or death.

Just as a magician uses misdirection to distract you from the reality of what he is doing, so too have the bankers, Wall Street and to a large degree Congress. Health care, abortion, gun rights are all used to keep us fighting against each other instead of paying attention to the real problems- mainly the failure of our debt-backed monetary system. As you read the article below (I have added comments in red that relate to today), you can see how the philosophy hasn't changed at all.

These people truly believe they are the "masters of the universe" and we are sheep destined to shorn of our wealth and used in any way they see fit. There is a better way- return the control of money back to the hands of the people.

Happily, there is a growing movement to do just that.

“We must go forward cautiously and consolidate each acquired position, because already the inferior social stratum of society (that's middle class to you and me) is giving unceasing signs of agitation.

“Therefore, prudence dictates to us a line of conduct that seems to give in to the will of the people, until the execution of our plans be well-enough established for us to be able to declare our intentions without having to fear any organized resistance. They got that, but now the exponential consequences of borrowing money with borrowed money threatens the entire system.

“Our confidence men shall have to closely watch the Farmers Alliance and the Knights of Work, and take steps immediately, either to control both associations in accordance with our interests, or to break them. (Tea parties, unions, anything where citizens unite threatens their control of government)

“Our men will have to attend the Convention that will be held in Omaha on the 4th of July, and be in charge of all activities. Otherwise, this Convention could muster such an antagonism to our plans that we would have to resort to force to overcome it. (Resort to force!! Sure sounds like a terroristic threat to me. I guess back then they didn't think they could get away with extortion like our bailouts.)

Now, at the present time, using violence would be premature. We are not yet ready to confront such an assault. Money must first of all seek maximum protection in schemes and in legislation. (Make sure the corporate whores of Congress do exactly as we want)

“Let us make use of the courts. Let us go forward as fast as possible at perceiving debts, at foreclosing (depriving of recourse to justice when a certain time limit has been transgressed) on debentures and mortgages. (Foreclosures, anyone?)

“When, through the law's intervention, the common people shall have lost their homes, they will be more easy to control and more easy to govern, and they shall not be able to resist the strong hand of the Government acting in accordance with the orders of the central power of imperial wealth, under the control of the leaders of finance. (They're working on that one as we speak)

“Our top leaders are perfectly aware of the truth. They are presently working at establishing an imperialism of the capital to rule the world. But while they are implementing this plan, they must keep the people busy with political antagonisms. (Yes, they are aware that if mark-to-market accounting was re-established all the big banks would be insolvent and if regulators actually went after all the financial fraud, most of these guys would be in jail .....but that's where the corporate shills in Congress get their campaign contributions)

“We'll therefore speed up the question of reform in the custom rates by the political organization called the Democratic Party; and we'll put the spotlight on the question of protection and of the reciprocity by the Republican Party. (i.e. let's pit the two sides against each other so we can screw the middle class and continue our obscene salaries)

“By dividing the electorate this way, we'll be able to have them spend their energies at struggling amongst themselves on questions that, for us, have no importance whatsoever, and on which we only touch upon as instructors of the common flock. (instructors of the common flock or as we say nowadays- Masters of the Universe)

“It is thus that, through discreet acts, we can maintain what was so generously projected and executed with such a remarkable success.” (and successful they have been, right up to the point where the math bit them on their ass and their gambling in derivatives bankrupted our country).