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According to the Collins English Dictionary 10th Edition fraud can be defined as: "deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage".[1] In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual; the related adjective is fraudulent. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and also a civil law violation. Defrauding people or entities of money or valuables is a common purpose of fraud, but there have also been fraudulent "discoveries", e.g. in science, to gain prestige rather than immediate monetary gain
*As defined in Wikipedia

Wednesday, June 30, 2010

Goldman Sachs’ Psychology

Here's something different than our usual pieces on Goldman from Damon Vrabel:
Goldman Sachs’ Spirituality and Psychology

As a perfect case study illustrating how our economic system feeds our psychology and spirituality, one of CSPER’s tenets, I thought I’d share what an old classmate from Harvard b-school, a Goldman MD, said earlier this week after stumbling on some of my material. It’s similar to what others have said…

“You’re off the deep end…I know I add value to my clients and to society at large and I am very comfortable with that.”

Of course claiming to “add value” is just repeating empty talking points from the fraudulent Economics 101 folks like this learned as students (see the first 4 lessons of Renaissance 2.0 to revisit the flaws of the economics taught in colleges today). This is an example of how the “best and brightest” have no real ability to think independently, but simply a good ability to memorize what the system tells them as kids so they become its best servants (no surprise, the latter half of Lesson 6 pt 3 mentions how the system builds conformity in us, not free thinking).
Most of you know the truth about Goldman by now–a parasite that uses debt and its membership in the unconstitutional money cartel (lesson 1) to feed on the productive economy, what little of it exists anymore–so I won’t go into that.

Read the rest here


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