Tuesday 27 July 2010

Obama - rewarding the bankers who got him elected

Image - the main financial backers of Obama.

The man the left adore is the man the bankers own.

No wonder the corporate media love Obama, as he is a puppet of the same bankers and corporations that own the media.

Why doesnt the media ever discuss the over representation of Jews in the banking system of America, nor their over representation in politics, the supreme court, in relation to lobby groups and in politics ?


Goldman Sachs’ White House connections
Thursday, April 22nd, 2010

By Greg Gordon, McClatchy Newspapers

Goldman Sachs’ CEO visited the White House four times

While Goldman Sachs’ lawyers negotiated with the Securities and Exchange Commission over potentially explosive civil fraud charges, Goldman Sachs' chief executive visited the White House at least four times.

White House logs show that Chief Executive Lloyd Blankfein (Jew) traveled to Washington for at least two events with President Barack Obama, whose 2008 presidential campaign received $994,795 in donations from Goldman’s political action committee, its employees and their relatives.

He also met twice with Obama’s top economic adviser, Larry Summers (Jew).




Goldman Sachs (GS) received $5.55 billion from the government in fall of 2008 as payment for then-worthless securities it held in AIG. Goldman had already hedged its risk that the securities would go bad. It had entered into agreements to spread the risk with the 32 entities named in Friday's report.

Overall, Goldman Sachs received a $12.9 billion payout from the government's bailout of AIG, which was at one time the world's largest insurance company.

Goldman Sachs also revealed to the Senate Finance Committee that it would have received $2.3 billion if AIG had gone under. Other large financial institutions, such as Citibank, JPMorgan Chase and Morgan Stanley, sold Goldman Sachs protection in the case of AIG's collapse. Those institutions did not have to pay Goldman Sachs after the government stepped in with tax money.

Shouldn't Goldman Sachs be expected to collect from those institutions "before they collect the taxpayers' dollars?" Grassley asked. "It's a little bit like a farmer, if you got crop insurance, you shouldn't be getting disaster aid."

Goldman had not disclosed the names of the counterparties it paid in late 2008 until Friday, despite repeated requests from Elizabeth Warren, chairwoman of the Congressional Oversight Panel.

"I think we didn't get the information because they consider it very embarrassing," Grassley said, "and they ought to consider it very embarrassing."...

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