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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, December 19, 2012

Goldman Sachs and the Debt War

The greedy, corrupting and wealth-accumulating culture of Goldman Sachs does not exist in a vacuum.  The IMF and the World Bank (WB) knew exactly what they were doing (and surely support the role of Goldman in their scenario) and why they were doing it beginning before the 1970s.  The IMF and the World Bank are creatures of the US government (which has been thoroughly corrupted by the financial sector, i.e., the banks) and both are helping to fulfill the US economic policies world-wide.

These two organizations have successfully indebted developing countries all over the world.  Through the IMF and the WB, the poor are made to subsidize the rich.  The weapon used by these organizations is debt which becomes a weapon of war but without the physical occupation. 

With enough time passing, the policies of the rich (especially the bankers and corporations) supported by the IMF and the World Bank will coalesce and expand from the poor underdeveloped countries to the richer developed countries in Europe and North America.  But first Europe and North America will have to become indebted, privatized and coerced so that the the public good can be turned into the private wealth of the rich.  Such a change is beginning in Canada, for example, where the formerly publicly owned Canadian Pacific Railroad is now owned privately by Pershing Square Capital Management, a hedge fund.  Pershing will seek efficiencies by firing employees and selling of CP property.

Where accumulation of debt is concerned, maybe we should be thinking along the lines of a conspiracy theory.

The privatization of the public good provides a climate in which the rich can fully control the wealth, the people and the environment of the economy.  Who among the rich and wealthy will ride in on the top rung of the wealth ladder when the IMF and the World Bank have fully achieved their world objectives?

You many have noticed some articles online that talk about the decline of the American Empire but that prediction would be a premature observation--the debt-controlled Empire is just beginning.  The new Empire is not a conquering one, but in the future it will be the Empire of the rich with the American rich the towering creditor of all the debt accumulating world-wide through the intermediation of the IMF and the World Bank and the support of the banks, Goldman Sachs being a  prime example.

And so we come to the ways in which Goldman Sachs is fulfilling the mandate set out for it by the international organizations of the IMF and the World Bank.  Goldman has obtained political control and economic influence over a wide swath of Europe and the US while the rest of the world lies openly exposed to its culture of greed, corruption and wealth accumulation.

See the video on Goldman Sachs here
Goldman Sachs--Owner of Europe AND USA

Uploaded on Feb 17, 2012 
What did the Prime Minister of Italy, the President of the European Central Bank and the Prime Minister of Greece have in common? They all have ties to Goldman Sachs, one of the most powerful banks in the world. In the week that European leaders in their efforts to resolve the euro crisis, says Sven Kockelmann Marc Roche, financial investigative journalist for the French newspaper Le Monde. Also author of the acclaimed book 'La Banque, the Goldman Sachs leads the world ". Roche does reveal how Goldman Sachs helped the Greeks of Europe to deceive them and a lot of money. A bank which has been deliberately influence behind the scenes making money.

The Belgian (French part) journalist Marc Roche (Le Monde) revealed in an article in November that many important figures in the European Union, including the new prime ministers of Italy and Greece, have strong ties to a big investment bank. The same bank which helped Greece to keep the amount of its debt lower than the debt limit which the Euro currency project has set as a requirment for its participants:

In 2010 he published a book (French only) about the same bank:

In 2011 he published this book (French only, look inside):

The news was only slightly mentioned in the French media and some English newspapers. In almost all of the them the originator of the information was not mentioned.

In December one of Dutch state television's current affairs programmes interviewed the source of the information.


Goldman Sachs conquers Europe

Have we handed Europe to Goldman Sachs and Co?

See the video on Goldman Sachs here
There are other videos on that site on Goldman that you may find interesting.
See the video on IMF & World Bank are weapons of war , by John Pilger here


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