Goldman Sach's loses Supreme Court battle over their Mortgage Backed Securities Fraud!

Goldman Sach's hit a brick wall yesterday in the U.S. Supreme Court.  

They were trying to have a lower court's ruling against their MBS (Mortgage backed Securities) Fraud from 2008.   The U.S. Supreme court upheld the fraud claims against G.S from the investors of MBS.

This is awesome that the Supreme Court actually upheld the law against G.S. and Wall Street.

GS sold their mortgage servicing company, Litton Loan 2 years ago to Ocwen as they have tried to get out from under all the lawsuits.

Of course as always what is a Wall Street's argument to courts.....  "You can't do this, because it will cost Wall Street Billions of Dollars."

The bank has said that letting the 2nd Circuit decision stand could cost Wall Street tens of billions of dollars.

Isn't it amazing that Wall Street always uses the same defense in court.  I guess they simply can't give themselves the billions in bonuses and instead have to pay the investors they defrauded.  

Wall Street banks are all fraud and they believe they are above the law.  It is really refreshing to see  them having to be accountable for their fraud.  

Now.... bring on JP Morgan and the fraud that they committed by stealing directly from people's accounts at MF Global, besides all the gold and silver directly from clients.  

Start holding all of Wall Street accountable for the Fraud they commit every day!

Goldman Sachs Group Inc suffered a defeat on Monday as the U.S. Supreme Court let stand a decision forcing it to defend against claims it misled investors about mortgage securities that lost value during the 2008 financial crisis.

Without comment, the court refused to consider Goldman's appeal of a September 2012 decision by the 2nd U.S. Circuit Court of Appeals in New York. Goldman shares sank more than 2 percent.

Max Keiser - "Hotspot Greece" - Greek government turned over ALL Assets of Greece to IMF and bound the people as Slaves for the loans/debt. Obama's secret treaty taking away U.S. Sovereignty. We are all being sold as Slaves

Max Keiser went to Greece last year. I believe this is very important to get out to more people. Jim Sinclair has this up on his site to help people understand all that is happening. Max reveals the absolute truth about Greece and their IMF loans. Greece handed over every single asset of the country, including bounding the people of Greece to be slaves to the banks and IMF.

This weekend the Greek elections are happening. But what is even more important that is happening also is the Egyptian election. We already know that both will be most probably fraud. The Egyptian court yesterday dissolved the parliament, which the Muslim Brotherhood had 1/3 of. They have given control back to the military. They are going to make sure the Mubarak man will win and that way everything will continue as it was before.
















In the U.S., Obama is also working on the same type deals. Obama has been negotiating a secret treaty that would take away the U.S. Sovereignty. He has been doing it on his own and even those in Congress who are normally part of any treaty being negotiated, did not know about it.

People need to seriously understand, every single man, woman and child are being sold as Slaves to the bankers.  Understand that they are organizing it to where every one of us will be slaving away to pay the banks.   Slavery supposedly ended a long time ago, but that was overt slavery.  What they have done is converted it to hidden slavery, but slavery just the same.  

I sincerely hope the people of Egypt and Greece Rise UP and say NO over and over again to the slavery they have been forced into by fraud of the banks.  Goldman Sachs created the Fraud in Greece and it seems their ultimate goal was to make the Greek people indentured slaves of the IMF and banks.

They are doing the same in all the other countries in Europe and they are doing it here in the U.S.. 

I do not believe they will ultimately win, they may be winning the battles but I don't believe they will win the war!  The people of the world, know when they are being enslaved and they are feeling it more and more.  In fact the governments of the world are not even hiding what they are doing anymore.   The banks are not hiding the facts they control the governments of the World.  

A perfect example is Jamie Dimon testifying to the Senate the other day.  Which everyone of those Senators kissed his Ass!  They are all owned by JPM, they are all bought and sold puppets of the banks. 

Dimon was so blazon that he even pulled a stunt of showing exactly WHO is IN Control! He wore "The President of the United States" cufflinks to the Bull Sh** kiss his ass hearing.  He made it blatantly obvious that he is "The President of the United States" that he controls Obama.  Yes the President cufflinks are available for sale.  BUT is anyone really going to wear those, especially in front of the Senate?
 ONLY someone who is sending a message to everyone is going to wear those for the world to see.    Besides look at his little smirk on his face, before going into the hearing. 

CNBC has a story on it and they are saying Dimon did it to show his "Patriotism" for the U.S.  LOL  Are people really that stupid to believe such a thing?  You have to laugh at that excuse.   There are many more ways of showing Patriotism than wearing "The President of the U.S." cufflinks.    Funny - they didn't include a picture of him in the story. 

Every single elected official is a puppet of the banksters.  I love how Max Keiser always reveals the truth about what is going on.  He explains it in a way everyone can understand it.  Please get the videos he did that are inserted above, out in the public more.  Through knowledge that is explained so well, maybe more will wake up to all of us purposely becoming indentured slaves.  

I want to make an important point.  I read Drudge, BUT I have always noticed they do NOT carry any negative Wall street articles at all.  He puts up inflaming type articles always to divide people.  But notice there is nothing that is negative against Wall Street, he does not reveal the truth of Wall street.  That tells me he too is bought by Wall street.  Start paying attention to what he puts on his site.  Just like the information about all the banks that are on the Fed board, gave themselves 4 Trillion in secret loans,  his not on his site today.  That is big news and should be getting out to the public.  He is part of not revealing what the banks are really doing and having people look the other way. 

It is through the real alternative media, like What Really Happened and other sites, we get the real news.  It is through all of us being diligent in uncovering truth and revealing it, that we will win. 

 

120+ Dolphins washing up on shore, Dead in Texas, U.S. NOAA declares it "Unusual Mortality Event." Trail of deception and Lies from BP and U.S. Government included.

This is one of those, "You don't think we are that stupid, do you?" articles.   The U.S. NOAA must think people are that stupid to make up the most lame excuse (reminds me of the 'swamp gas' excuses) regarding 120+ dead dolphins so far, washing up on the shores of Texas.  U.S. NOAA are saying they are not related to anything but are simply "Unusual Mortality Event."

I remember last year when hundreds of dolphins washed up on the shores of the Gulf of Mexico states.  Those stories went away fast.



Let's not forget that BP bought the oil experts of the universities and labs that could/would have possibly given us truth about the Gulf and all the Corexit they were and still are dumping in the Gulf.

Here is a video of a dead shark on the beach from May 2012




Now there are dead dolphins that are washing up in Texas.

article from link -

HOUSTON -- The deaths of more than 120 dolphins off the Texas coast has prompted a federal agency to declare the event "unusual" and launch an investigation into whether they were related to a drought-related algae bloom or a more widespread mortality event that has plagued the northern Gulf of Mexico for two years.

The U.S. National Oceanic and Atmospheric Administration has called the stranding of 123 dolphins on Texas shores from November through March an "unusual mortality event," an official federal listing that allows the agency to access additional funds and set up a team of researchers.

All but four of the dolphins that washed up in Texas were dead, and the few that turned up alive died a short time later, said Blair Mase, the southeast marine mammal stranding network coordinator for NOAA Fisheries. What alarmed scientists though, was the age of the bottle-nosed dolphins that washed up - juveniles rather than the very young or elderly that normally would be found - and the fact that Texas had a years-worth of dead dolphins turn up in a five-month period.

The cause, however, may not be known for months, if at all, Mase said.

"That's what's a little frustrating about this. It's not like you see on TV, on CSI, you don't get the answers quickly," she said. "It can take months and sometimes years."

Further complicating matters are an array of things occurring in the Gulf simultaneously, all of which could cause dolphin mortality, Mase said.

To begin with, the Texas coast was plagued during the fall and early winter by a toxic algae bloom called "red tide" that is caused by drought. This past year, the red tide was more severe and lasted longer than usual because of the historic drought that parched Texas and made the estuaries that flow into the Gulf salty and conducive to the algae bloom. Scientists previously have connected "red tide" to dolphin mortality, Mase said, and the strandings in Texas stopped shortly after the bloom ended.

But some of the dolphins washed up underweight, said Heidi Whitehead, state coordinator for the Galveston-based Texas Marine Mammal Stranding Network, a nonprofit organization that is the only authorized stranding network in Texas. Mase said that has not been the pattern for past red tide-related deaths.

Some of the dolphins also were found with discolored teeth and lung infections, prompting researchers to investigate whether they were affected by the same disease found in more than 700 strandings in the northern Gulf, an area stretching from the Texas-Louisiana line east to the Florida Panhandle. Researchers suspect the lung disease may be connected to the millions of gallons of oil that fouled the Gulf in April 2010 after a well blowout on a BP-operated rig, but have yet to make a final determination, Mase said.

Four of the dolphins found in Texas had a grayish, muddy substance in their stomach. It didn't look or smell like oil, but tests are being run to rule out whether it could be hydrocarbons. A similar substance was found in some dolphins elsewhere in the Gulf.

"Just like any investigation you don't want to rule anything out," Mase said. "We do know that there is disease out there ... we know that there have been stresses, some due to the BP oil spill, and that could be a reason ... and there is this harmful algae bloom. It could be that it's all of these."

Researchers have conducted more than 30 necropsies so far on the dead dolphins and collected tissue samples, but Whitehead noted one of the difficulties with these investigations is that many of the mammals wash up in late stages of decomposition, leaving little for the researchers to use in their probe. 

To date, NOAA has declared five "unusual mortality events" in Texas, all involving bottle-nosed dolphins, and has only determined a cause - morbillivirus infection - for an event in 1994. There have been 19 marine mammal events in the entire Gulf of Mexico and 56 in all US waters since 1991.

 So the Federal agency is still making every excuse for the dolphins dying and obviously will never tell the truth about it.

You are going to Love this excuse from a Houston News agency quoting a States Operation manager from Galveston Texas.

Colder water from the winter months contributed to the deaths of more than 25 dolphins that washed ashore on the Texas coast over the last two weeks, a rescue group said. 

Some of the animals were very young with umbilical cords still attached and apparently were either stillborn or separated from other dolphins just after birth, officials said.

At least 17 of the bottlenose dolphins washed ashore along the Galveston County coastline last week, said Heidi Watts, state operations coordinator for the Galveston-based Texas Marine Mammal Stranding Network. 

Watts said such strandings are fairly common from January through March, although they tend to peak in February.

Bottlenose dolphins inhabit warm seas throughout the world and generally live 30 to 40 years. The dolphins that washed up on shore probably took ill in reaction to colder water from the winter months, Watts said.

 HHMMM.........;  question about that!  Didn't we have a warmer than normal winter in 2011-2012?  Hasn't that been splashed all over the news and using it as a "Global Warming" claim?  How then did the waters get colder than normal, if the winter was warmer than normal and thus cause all the dolphin deaths?  Can't they get their stories straight?

Oh, they are of course more worried about money and tourism than they are people's lives and health safety.  

Considering it has been 2 years since the BP oil Leak (not spill) and they have been dumping Corexit in it since, there is no doubt it has been taken around the world now in the currents of the ocean. 

Remember in Peru there were 600+ dolphins that died at one time and washed upon the beaches of Peru.   Here is a video of researchers driving the beach and many of the dead dolphins. *Warning* -It is a very saddening video.

BP was never made to reveal what is in the Corexit they constantly dump into the Gulf of Mexico. The EPA allowed them to continue it, even though in the beginning they had reserves about what was contained in the ingredients of Corexit. Lets not forget who owns the Corexit company (Goldman Sachs).

I am not sure when this next video was made, but it was uploaded last month.  It shows a plane spraying Corexit in the water.  The video is more about pointing out an anomaly (reflection?) underwater.  I am using it for the purpose of the spraying of Corexit.





All the above brings me to the question..... Is the mysterious Flesh eating bacteria that has been showing up on the East coast related to the Corexit that has been dumped into the Gulf by BP and Goldman Sachs? The people that have been afflicted the disease.... had they been in the Gulf of Mexico at some point in the last 2 years? Do they eat seafood/shrimp that is from the Gulf?

In April I wrote about how the Gulf of Mexico shrimp are now deformed and they are without eyes. I also wrote how the U.S. Government is refusing to test the seafood.


Al Jazeera is the only news agency that has had anything about it, this year.  Here is their "Inside Story" about what is going on in the Gulf of Mexico.    In it NOAA claims the Gulf is as safe now as it was before the BP leak.




Since then, I have seen my local news agency promote the shrimp from the Gulf of Mexico. Why anyone would still eat any seafood from there, is beyond me. Also why anyone would eat seafood at all anymore, is beyond me. My favorite food was Seafood, but I stopped eating seafood from the Gulf after the BP oil leak and now I have had to stop eating it from the Pacific due to Fukushima. Besides that the U.S. government hid the fact that they found radiated Tuna in June of last year off the West Coast. They have just admitted it last month. So how sick are people going to be from all the poison the government has allowed people to ingest? They know that the seafood is poison.

Oh, what has just been released is the fact BP wants to only pay 15 Billion for the Gulf Kill, compared to the 123 Billion suits and claims against them.  They are of course working with the U.S. government to get to that 15 Billion figure.  Does anyone have any doubt that they will get what they want and BP will never pay the people along the gulf for their lost living   OH, but BP has a video they made saying they had set aside 20 Billion for the gulf.  Which considering they want to only pay 15 Billion in total now, is a complete lie!  Let's watch BP out right LIE themselves:

EVERY ONE OF THESE CLAIMS IN THIS BP VIDEO IS A COMPLETE LIE -This was released in December of 2011.





I would also like all the officials in the U.S. who have been part of the cover up (Obama, Clinton, EPA, NOAA, Congress, Senate, bankers, and BP executives, etc) have a complete seafood dinner together. They should be made to eat Blue Fin Tuna from the Pacific and Shrimp from the Gulf of Mexico during one dinner. It would include, at least one pound of Shrimp and one large Tuna steak, each. Oh, lets include Wild caught Salmon off the coast of Alaska and throw in a King Crab leg off Alaska too.

Added link - Infowars has an article up now that says "The U.S. government is claiming Humans are a National Security Threat to the Oceans and the Planet." 

Funny - the U.S. government is not saying BP and TEPCO AND other Big Corporations including Goldman Sachs are NOT the threat against the Ocean and Earth!  Of course they blame the "people" for the deaths of the environment and oceans.  

Goldman Sachs Accidently Releases Damning Information of Illegal Naked Short Sales, Last Week! - JPM was/is the distraction from this info

Matt Taibbi is about the best reporter there is.  He is an investigative reporter of the financial world and does one hell of a job!  He has been on top of the mortgage MERS Fraudclosure for a couple of years now.

He has an article out about Goldman Sach's and how one of their lawyers accidentally filed  very private  inside information with the court for a lawsuit in defense, last week.  The papers he filed was information that Goldman Sachs has always worked to keep out of the public eye.

The paper proves that Goldman Sachs does naked short selling.  They will sell and short stocks they don't even have nor are able to get.  In other words, just like the fractional reserve banking of creating money out of thin air with key strokes.  Goldman Sachs pretended to own or had in their hands, stocks which they didn't have.  They would short the stocks and do trades on non-existent stocks.  They also did this to affect the stock price on the market.   So they could make some stocks Fail.  They even use that word in the documents accidentally released. 

Now, I have a question for the FBI, SEC and all government agencies...... IF a person sold and got millions/billions by pretending to have something for sale and they did not - is that not embezzlement and fraud?  Would you not lock that person up for a felony for the rest of their lives?

How come Wall Street can Lie, commit absolute obvious Fraud, trade on things they pretend they have but don't?   How come they never have to pay or go to jail for what is in fact Stealing?   What is worse about Wall Street is that they can cause a company to go down and fail.  They cause people who have money in retirement funds to lose money over their lies and fraud!

The government has got to do something about this!  Wall Street can not be allowed to commit Fraud over and over again upon the world!  There can not be one law for the people and no law for Wall Street and the Banks!  Enough is Enough!

One other thing.  I had written that something was just not right about the whole JP Morgan info coming out on a Thursday besides other things that bothered me about it.  I have been on the look out for what was bigger than JP Morgan.  Now,  the JP Morgan info being the talk of MSM, the distraction that was created so MSM already has their story and can ignore this?

 ** Notice the article says "Last Week" the papers were filed accidentally - that is why JPM came out as they did.  They wanted MSM to highlight JPM and NOT the illegal activities of Wall Street being revealed! In my opinion.

Important portions From article:

It doesn’t happen often, but sometimes God smiles on us. Last week, he smiled on investigative reporters everywhere, when the lawyers for Goldman, Sachs slipped on one whopper of a legal banana peel, inadvertently delivering some of the bank’s darker secrets into the hands of the public.

The lawyers for Goldman and Bank of America/Merrill Lynch have been involved in a legal battle for some time – primarily with the retail giant Overstock.com, but also with Rolling Stone, the Economist, Bloomberg, and the New York Times. The banks have been fighting us to keep sealed certain documents that surfaced in the discovery process of an ultimately unsuccessful lawsuit filed by Overstock against the banks.

Now, however, through the magic of this unredacted document, the public will be able to see for itself what the banks’ attitudes are not just toward the “mythical” practice of naked short selling (hint: they volubly confess to the activity, in writing), but toward regulations and laws in general.

“Fuck the compliance area – procedures, schmecedures,” chirps Peter Melz, former president of Merrill Lynch Professional Clearing Corp. (a.k.a. Merrill Pro), when a subordinate worries about the company failing to comply with the rules governing short sales.

We also find out here how Wall Street professionals manipulated public opinion by buying off and/or intimidating experts in their respective fields. In one email made public in this document, a lobbyist for SIFMA, the Securities Industry and Financial Markets Association, tells a Goldman executive how to engage an expert who otherwise would go work for “our more powerful enemies,” i.e. would work with Overstock on the company’s lawsuit.

A quick primer on what naked short selling is. First of all, short selling, which is a completely legal and often beneficial activity, is when an investor bets that the value of a stock will decline. You do this by first borrowing and then selling the stock at its current price, then returning the stock to your original lender after the price has gone down. You then earn a profit on the difference between the original price and the new, lower price.

What matters here is the technical issue of how you borrow the stock. Typically, if you’re a hedge fund and you want to short a company, you go to some big-shot investment bank like Goldman or Morgan Stanley and place the order. They then go out into the world, find the shares of the stock you want to short, borrow them for you, then physically settle the trade later.


Thus in this document we have another former Merrill Pro president, Thomas Tranfaglia, saying in a 2005 email: “We are NOT borrowing negatives… I have made that clear from the beginning. Why would we want to borrow them? We want to fail them.”

Trafaglia, in other words, didn’t want to bother paying the high cost of borrowing “negative rebate” stocks. Instead, he preferred to just sell stock he didn’t actually possess. That is what is meant by, “We want to fail them.” Trafaglia was talking about creating “fails” or “failed trades,” which is what happens when you don’t actually locate and borrow the stock within the time the law allows for trades to be settled.

If this sounds complicated, just focus on this: naked short selling, in essence, is selling stock you do not have. If you don’t have to actually locate and borrow stock before you short it, you’re creating an artificial supply of stock shares.

Goldman clearly knew there was a discrepancy between what it was telling regulators, and what it was actually doing. “We have to be careful not to link locates to fails [because] we have told the regulators we can’t,” one executive is quoted as saying, in the document.

The import of this is that it made it cheaper and easier to bet down the value of a stock, while simultaneously devaluing the same stock by adding fake supply. This makes it easier to make money by destroying value, and is another example of how the over-financialization of the economy makes real, job-creating growth more difficult.

In any case, this document all by itself shows numerous executives from companies like Goldman Sachs Execution and Clearing (GSEC) and Merrill Pro talking about a conscious strategy of “failing” trades – in other words, not bothering to locate, borrow, and deliver stock within the time alotted for legal settlement. For instance, in one email, GSEC tells a client, Wolverine Trading, “We will let you fail.”

 Hey - U.S. Government...... Are you going to continue to let Wall Street get away with Complete Fraud?



It seems this information could fit that criteria, for JP Morgan being a distraction.  It proves the Lawlessness and absolute illegal activities of Wall Street.   

Funny how MSM released that the FBI is investigating the JPM losses.  But nothing about the illegal naked shorts of Wall Street, besides MF Global stealing of people's money.  Seems no government agency investigates real fraud of Wall Street, only things that they can drop later without charges. 

Bernanke - Thurs. 5/10/12 in speech at Bank Structure Conference "Banks are in Great Shape, Crisis is over, good liquidity." *Dimon & Blankfein met with Bernanke earlier in week - JPM losses around 18 Billion.

I have information from a "source" that both Dimon and Blankfein met with Bernanke earlier this week.   The same source is saying the real losses for JPM is 5 times at least the amount stated, they have said it is actually around 18 Billion in losses.   This source is real and is connected in financials.  We will eventually see if the source is correct regarding the real loss amount, eventually coming out.

Update - 5/17/12 - Losses are growing.

So that means Bernanke knew what was about to go down with JP Morgan from his meeting with Dimon earlier in the week.   But Blankfein (Goldman Sachs) met with Bernanke also. So........... does that mean Goldman Sach is in just as much trouble as JP Morgan and their losses? 


I wrote this morning how JP Morgan coming out about the losses on a Thursday night after market close was a Real Red Flag to me! 

UPDATE 5/17/12 -  I was right - a much Bigger Story that is being ignored - Goldman Sach's accidentally reveals Illegal Activities by Wall Street, last week.


Bernanke also made a speech yesterday (5/10/12) at the conference for Banking Structure and Competition in Chicago. 

Bernanke lied through his teeth in this speech he made yesterday.  From saying the banks are in good shape to saying they are not "betting" as much.  The facts are the banks have hedged more on derivatives than they have ever before.  There is more gambling going on than there was in 2008!  

Here is just one article about it and the 600 Trillion Derivatives in bets by the top 4 Wall Street banks which include JP Morgan and Goldman Sachs.

From the Federal Reserve site itself, here is a portion of that speech that Bernanke made:

 The first part of my remarks will highlight the significant progress that has been made over the past several years toward restoring the banking system to good health.

The State of the Banking System
Since the financial crisis, banks have made considerable progress in repairing their balance sheets and building capital. Risk-based capital and leverage ratios for banks of all sizes have improved materially and are significantly above their previous highs. Importantly, the 19 largest banking institutions that participated in the 2009 stress tests, as well as the two subsequent Comprehensive Capital Analysis and Review (CCAR) processes, have considerably more and better-quality capital than a few years ago. Indeed, those firms have increased their Tier 1 common equity, the best buffer against future losses, by more than $300 billion since 2009, to nearly $760 billion.
The latest CCAR, conducted earlier this year, demonstrated that most of the 19 firms would likely have sufficient capital to withstand a period of intense economic and financial stress and still be able to lend to households and businesses.

The Federal Reserve takes seriously its responsibility to ensure that supervisory actions to protect banks' safety and soundness do not unintentionally constrain lending to creditworthy borrowers, and we have taken a variety of steps to address these concerns. For example, we have issued guidance to supervisors stressing the importance of taking a balanced approach to supervision and of promptly upgrading a bank's supervisory rating when warranted by a sustainable improvement in its condition and risk management.

Conclusion
To sum up, conditions in the banking system--and the financial sector more broadly--have improved significantly in the past few years. Banks have strengthened their capital and liquidity positions. The economic recovery has facilitated the rebuilding of capital and helped improve the quality of the loans and other assets on banks' balance sheets. Nonetheless, banks still have more to do to restore their health and adapt to the post-crisis regulatory and economic environment. As the recovery gains greater traction, increasing both the demand for credit and the creditworthiness of potential borrowers, a financially stronger banking system will be well positioned to expand its lending. Improving credit conditions will in turn help create a more robust economy.

 When Bernanke was speaking yesterday he knew what was about to be released in news from JP Morgan.  Also Jamie Dimon did an interview with "Meet the Press" on Wednesday night for the Sunday show.  He did not mention what was about to happen.  The image on the right is from a previous Dimon interview with CNBC.

Since Goldman Sach's - Blankfein met with Bernanke too this week, then they must have a big problem too, I would guess. 

Remember JP Morgan is the one who got the money from MF Global when they went down and they got all the gold from the clients of MF Global.  They were allowed to steal the 1.2+ Billion dollars directly from the clients of MF Global.   Of course the government has been allowing all of this to go on without holding anyone accountable.

I did just find that Chilton of the CFTC has said "The hammer must come down."  But we have been hearing that for years now.  The "Silver Manipulation" investigation has been going on by the CFTC for about 3 years too, yet nothing has been done about the obvious manipulation.  He came out and made a similar statement last November with the MF Global Bankruptcy, but it was all talk and no action.  I don't believe him this time either, that a "hammer will come down."

CNBC has that "regulators" were already looking into JP Morgan trades before yesterday.  Again this would be the CFTC and they are covering their butts for sitting on their hands and allowing it all.

So, watch Goldman Sachs the more "protected" bank than even JP Morgan.  Remember all those at the Fed and who control the Treasury and the countries in Europe were all Goldman Sachs people at one point.   Why did Blankfein have to meet with Bernanke this week, along with Dimon? 


Seriously the Best Picture there is!  Shows the relationship between Bernanke and Dimon!  By WilliamBanzi7.

I would love to insert it here but I don't know how to reach him to get permission to.
At this link:
http://www.zerohedge.com/contributed/2012-19-11/too-big-wean

Goldman Sachs told U.S. (when push comes to shove) they WILL BE Paid for Debt BEFORE Social Security and Medicare Recipients! Forget citizens PAY BANKS!

Right now I am trying to remain calm and not use the four letter words I am thinking at this moment!

This is PROOF in my opinion - all the debt prison has been created on purpose!

What type of SOUL LESS Banks are running this country?  That is WHO is really running the country.  All those in the government are merely Puppets of the banks!

Goldman Sachs has released a document they delivered to the Federal Government.

This document says "THEY WILL BE PAID FOR DEBT BEFORE ALL SOCIAL SECURITY AND MEDICARE BENEFITS TO THE U.S. PEOPLE!"

Portion From link:

A report released today by Goldman Sachs says that if push comes to shove, the federal government will pay its lenders before it pays Social Security and Medicare beneficiaries. Debt service “should be seen as the top claim on government resources in most cases,” says the Goldman analysis.

If this does not totally and completely convince you that banks run the government, that we have been put in debt servitude to give away the complete wealth of the country to the banks, I don't know what will!

Now,  WHAT will the government do now?  Who will they protect the banks or the people?  (Do I really have to question that?)

What will the people do, when it is found the government is going to pay the banks before the people?

These are the SAME banks that all the people had to bailout in the first place with all their taxpayer money!

These are the SAME banks that are betting and gambling the money away via derivatives (700 Trillion)!

These are the SAME banks that are giving themselves BILLIONS OF BONUSES with taxpayer money as they are getting bailed out!

 These are the SAME banks that the Federal Reserve has secretly given TRILLIONS away to over the last couple of years!

I will say F YOU  GOLDMAN SACHS!

I can add so much more to this!

WILL THIS WAKE PEOPLE UP NOW?  WILL THIS BE THE TRIGGER?

I don't expect MSM to air this information - It is up to ALL OF US - To get people informed about this!

I did an article last year, with research on how Social Security is NOT an  entitlement to the people.  We pay into it fully and completely.

Media Watch in Europe - Video - Goldman Sachs and Freemason's and Trilateral Commission have taken over Europe

Wow - Media Outlet in Europe says it like it is!

They are directly saying Goldman Sachs has taken over Europe.  They also say they are Freemasons and part of the Trilateral Commission! 

He mentions the book "Goldman Sachs rules the world"!

I have to say, we know that Goldman Sachs rules the U.S. government.  Most of the people Obama placed as his advisers are Goldman Sachs people.  The non-government Federal Reserve (privately owned bank) are all Goldman Sachs people! 

The Bears Explain the Bailouts completely - With Goldman Sachs being a Star in it! Must Watch!

This is really such a good video - explaining the Bailouts!  This is a trail of TARP  and lets everyone know the joke is on them, by the Government bailing out the banks.  Goldman Sachs is called the Evil Empire in it.

It is a MUST WATCH!

Goldman Sachs outright Lied about their back door bailout from AIG - the financial commission has found! Yet, our U.S. Treasury is run by all past Goldman Executives and arranged this right now.

The financial commission has found Goldman Sachs lied about their back door bailout from AIG and where the 2 billion they got from them, went.   Goldman Sachs, when it was revealed, they had also gotten money from AIG, after the government (U.S. taxpayers) bailed AIG out, Goldman said it went to their clients.

Goldman Sachs had gotten money directly in the TARP bailouts of 2008, but it was revealed last year, they had also gotten two billion from AIG during the TARP bailouts also.  Goldman claimed it went to their clients or institutions who invested through them.

Goldman Sachs out right lied, which should be no surprise to anyone.  The money it has been found, went straight into the company's bottom line as profit.  They of course have shown billions in profit since 2008, thus they have given their workers billions in bonuses. 

Everyone in the U.S. government who has anything to do with the government's finances are former Goldman Sachs executives, including the chairman of the Private bank of The Federal Reserve!

Geithner our Treasury secretary a former Goldman Sachs executive and then became the head of the Federal Reserve in New York and is the one who arranged the AIG bailout.  If anyone thinks, he did not know billions would be going to Goldman Sachs while arranging the bailout of AIG, then they are looking through the information with clouded lenses.

Now, what will the government do with the information that Goldman Sachs out right lied about where 2 billion went during the TARP bailout from AIG?  I won't hold my breath, of indictments or jail time for Goldman people.  I have found it is okay in the government's eyes for billions and trillions to be stolen by big corporations, but gosh forbid a regular person steals $10 from one of those corporations or banks, jail time will be years for them.  

Portions from article:

When news first broke in 2009 that Goldman had been an indirect beneficiary of the AIG bailout, collecting the full value of some $14 billion in outstanding insurance polices it held with the firm, the officials who brokered the deal justified these terms as a necessary stabilizer for the broader financial system. As the world's largest insurance company, AIG's inability to cover its outstanding obligations could have threatened the solvency of the institutions holding its policies, asserted the Federal Reserve Bank of New York, which oversaw the deal.

Goldman fended off claims that the arrangement amounted to a backdoor bailout by asserting that none of the money from the AIG rescue landed in its own coffers. Rather, those funds went to compensate clients or institutions on the other side of its trades, Goldman said. 

The report reveals another pot of money conveyed to Goldman--the $2.9 billion to cover trades the Wall Street investment house made for itself. That money went straight to the bank's bottom line, according to the report.
 

Over the last two years, Goldman has reported nearly $22 billion in profits, according to its official earnings statements. During those years, it has paid out $31.6 billion in compensation to its employees. 

According to the lawsuit, Goldman allegedly concealed the fact that it designed the basket of mortgage-linked securities to fail at the behest of another client who netted about $1 billion by betting against them. Goldman sold the same investments to other clients--mostly European banks--without disclosing their provenance, according to the SEC's lawsuit.

The details in the commission's report leave Goldman "naked," she added. "It doesn't have the fig leaf of a systemic risk argument. Normally what happens when you have a sophisticated institution that's doing stupid credit stuff is you let them eat it, but that didn't happen in the bailout."
Are we ever going to see prosecution of outright theft of the American people by the big banks and those who have raped the American people and continue to rape them, by foreclosing on them fraudulently?   OH, btw: Litton Loan Servicing is owned by Goldman Sachs!  So, those with Litton Loan servicing I am asking you to get in touch with me, especially in Tennessee.  Including those who have already been foreclosed on by Litton Loan - PLEASE email me.

I started a lawsuit against Litton Loan/Goldman Sachs - MERS - Fremont Bank - Deutsche Bank and Trustee

UPDATED 2013 - THE LAWSUIT NEVER WENT CLASS ACTION.  BUT IT WAS AN INDIVIDUAL LAWSUIT AND I HAD TO SIGN A NONDISCLOSURE AGREEMENT WHEN I SETTLED IT.    I ENCOURAGE EVERYONE TO FILE A SUIT AGAINST THEIR BANK FOR FRAUD!  FIND LEGAL AID AND EVEN UNIVERSITY LAW DEPARTMENTS AND ASK FOR HELP IF YOU DO NOT HAVE THE FUNDS TO FILE A SUIT WITH A NORMAL ATTORNEY!  STAND UP AND DO NOT BE FORECLOSED ON!  IF YOU HAVE BEEN FORECLOSED ON ALREADY, FILE A WRONGFUL, FRAUD FORECLOSURE SUIT AGAINST THE BANK! 

UPDATE 3/2/11 - It seems the Lawyers are not starting a Class Action suit against MERS - I am also rethinking the Lawyers I had hired.  I will give more information as it comes.

I am going ahead and revealing, I have started a lawsuit against Litton Loan, which is a Goldman Sachs loan servicer company, MERS, Fremont Bank, Deutsche Bank and their Trustee.

Right now it is an individual suit but I am working with Class Action Attorneys with the purpose to roll this into a Class Action suit!

There are still many hurdles before then, including a court date this coming week.

Why did I do this?  Because I have asked others to stand up to the foreclosure fraud and originally when I began my mission of trying to get the MERS foreclosure fraud uncovered and class action suits, about one and half years ago, I had planned on being a "behind the scenes person".

All the hours I spent on it, trying to get Class Action Law firms involved before MERS fraud became well known in the media, did not get me any where.   EXCEPT there is one law firm, who I look upon as Heroes!  That is Hager and Hearne in Nevada.  Treva Hearne has worked on getting a class action suit going through out the U.S. in non-judicial suits since Oct. of 2009.  We collaborated for a period of time, until there were various walls put up and the attempts were abandoned.  During the time I was trying to help with a U.S. wide class action, people who I had found in Missouri to be the representatives did get their house free and clear from my understanding from Treva.   Treva is a real hero, she has gone on to do class actions against MERS in California and Nevada for the states and MERS getting away with billions of transfer fees to the states due to their fraud.  From her case other suits have been filed in 14 states.  Most of those suits are gag ordered from the judges of those states.  The judges do not want the information out about the class actions.  The law firms involved can not even acknowledge their involvement in the suits or even confirm there is a class action against MERS.

One firm who can not confirm any involvement in an class action suit against MERS, happens to be the law firm I am involved with at this time.

Also another huge class action law firm, which I collaborated with, from my understanding will be putting class action suits together in all the non-judicial foreclosure states for all homeowners who have already been foreclosed on.

I am going ahead and putting this information out to the public, even though there are a few stages which need to be accomplished before I can say any thing concrete will happen.  First a judge has to approve my suit this coming week. A big problem is no judge in the state of Tennessee has ruled against MERS and banks yet.

I also am admitting this, as this will be part of the topic of conversation during my radio interview with Dave Hodges on the Commonsense Radio show on Sunday, Jan. 9th 2011 at 10:30pm est.   Just click the listen live on the right at the time of the show, if you so desire to listen in.

BUT, a point of this is WE CAN ALL DO THIS TOGETHER!  I AM ASKING OTHERS TO STAND WITH ME AND ALL THOSE INVOLVED IN EXPOSING THE BANKS HAVE NO RIGHT TO FORECLOSE ON ANYONE AND ALL FORECLOSURES THEY HAVE DONE AND DO ARE BASED ON FRAUD!

I am asking people to start contacting me who have been foreclosed on already to get them to join upcoming class actions suits and those who have Litton Loan at this time and Bank of America who are in Tennessee, to become part of a class action against them.  Taking steps of standing up can be very scary if we let those emotions rule us.  BUT if we let the emotions of Truth and Justice rule us, we will feel excitement!

Part of the excitement is the Judges who have stood up for justice and truth, including the Supreme Court of Massachusetts, yesterday.  The highest court there ruled for the homeowners and against the banks right to foreclose.

I am thrilled MSM has written about the foreclosure fraud, though they spin it to be simple "paperwork irregularities".   It still has gotten awareness from people on a whole, of which previously many were not familiar with.

I ASK FOR EVERYONE TO STAND UP!  PLEASE RECOGNIZE YOUR OWN POWER OF TRUTH AND TOGETHER WE HAVE MORE POWER THAN ANY OTHER FORCE OUT THERE!  BELIEVE IN YOURSELF AND OTHERS, BE GUIDED BY TRUTH AND LOVE AND WE WILL BE SET FREE!

PLEASE JOIN ME AND COUNTLESS OF OTHERS WHOSE INTENTIONS HAVE BEEN/ARE TO EXPOSE THE FORECLOSURE FRAUD TO THE FULLEST POSSIBLE!

I will also say - EVERYONE needs to send the letter in this post out to your mortgage servicer via certified mail - it is important to do so.  It shows a trail of you asking for who the owner of your mortgage is, without getting an answer.

Goldman Sachs Highest Rated for "Correct Analyst of Financial Markets" At - 38% of Being Correct!! 38%!! PITIFUL! And People listen to them?!

Bloomberg has Goldman Sachs has the HIGHEST Rated for Correct Financial Analyst over all other Financial Banks and Institutions!  

They got it right 38% of the time!!  YEAH, 38% of correct analyst gets them the Highest Rating!  THAT IS PITIFUL! 

Mind you they are the bank that advices Countries (Greece) and they are the Bank that has LOST Money for those who they have advised this Year - BUT They have MADE MONEY IN HOUSE - DUE TO SHORTING THE ADVICE THEY GIVE TO OTHERS!

Portion from Article:

The ranking is based on stock recommendations made by more than 2,500 analysts worldwide at 77 research firms and investment banks from January 2008 to July 2010. It looks at the analysts’ “buy,” “hold” and “sell” calls on shares of 90 of the largest banks, diversified financial service companies and insurers in the U.S., Europe and Asia with at least 20 analysts covering them. 

Even the best of the firms and individual stock pickers failed to accurately predict the fall and rise of most big financial stocks. Goldman Sachs’s analysts won their No. 1 rank by making 30 accurate calls on the 79 financial stocks they follow, or 38 percent, while KBW’s No. 2 post was based on 27 prescient calls on 78 stocks.

OHHH LAAAA LAAAA - Seems the Shorts in Silver are in BIG TROUBLE! Can we say "AAWWW" all together for them? Jeez, I just feel so sorry for JP Morgan and Goldman Sachs, Losing Billions due to their SHORTS in Metals!

Okay, Everyone Together say "AAAWWWW" For JP Morgan and Goldman Sachs and all those other large Commercial Banks who SHORT Silver and Gold!  Don't cha just Feel for them..... gosh they are Losing Billions due to their Shorting the metals!  Besides of course the "Foreclosure Fraud Gate" happening which they are right in the MIDDLE of too!

To see these large banks bleed out money, well words can't express how I feel about that! 

During the bull market in silver that began in 2001, a pattern of trading similar to the martingale betting strategy emerged in which 8 trading institutions sold short increasingly larger amounts of contracts into rallies until their sales volumes overwhelmed the market into a freefall. The same banking institutions would then purchase those short positions at a profit after the freefall and the rally process would begin again. This process of taking money from precious metals investors has been well documented by analysts such as Ted Butler, David Morgan, and others. The strategy has been so successful that some futures traders began to front run the banks on their own tactics using the COT report and other sentiment indicators.

It has been argued that these large short positions have suppressed the price of silver by a multiple of itself. This may be proven sooner than many expected.

Over the last 6 weeks all was going according to plan. Silver rallied and the commercial banks shorted an ever larger amount of contracts as the open interest swelled to the point at which most silver analysts were expecting a correction. In the last 2 weeks silver rose by nearly $2 dollars and most were expecting to see an even larger commercial short position reflected in the COT report. Instead, the commercials actually covered 2297 contracts, and bought an additional 989 long contracts during the week of September 28th to October 5th when the price of silver rose by $1. The covering was down at what appeared to be a short term top to many.

Something has drastically changed in the silver market. The banks that once controlled the price of silver are now closing positions at a loss. Traders may begin to speculate on what has changed and why. Some traders have reported that a large buyer is entering the market. Regardless of the actual reason the commercial shorts have begun to bleed money. And when blood spills sharks will circle. Hedge funds and traders that never even thought of silver before will begin to squeeze the shorts. If the big banks don't quickly regain control of the silver market they may lose it forever.
Please go to the link to see the graphs and read the whole article!

But we can all say: "AAWWWW Poor Banks"!  Losing money by having to COVER those Shorts!  :)

Well Well Well - Litton Loan (Goldman Sachs Mortgage Servicing Company) has FINALLY Joined the Crowd in Halting Some Foreclosures!! I have Been WAITING On this!

Ahhh..... I have been WAITING on this to FINALLY Happen!  Litton Loan the Goldman Sachs Owned Mortgage Servicing Company has now joined the Crowd in Halting some foreclosures.   I have the honor ;)  of having this company as my mortgage servicing company.  Oh, and you have NO idea, what other Honor I would like to have in the near future regarding them either, in form of a legal basis!  :) 

OH, and if you are wondering..... Of Course they ARE a MERS CORP.! 

Article:

WASHINGTON — Litton Loan Servicing LP is the latest mortgage company to halt some foreclosures and evictions so it can review its process for handling foreclosures.

Houston-based Litton made the disclosure Friday in an e-mail to The Associated Press. It didn't say which states are affected. The move comes as numerous lenders review whether foreclosure documents they've submitted to courts complied with state laws.

Litton, owned by Goldman Sachs Group Inc., is a mortgage servicer. It collects payments but doesn't make loans.

Four other mortgage companies — Ally Financial's GMAC Mortgage unit, PNC Financial Services Group Inc., Bank of America, and JPMorgan Chase — have announced similar moves in the past two weeks.

MERS Has Gone RICO and Jim Willie did an Awesome Article about it! THE PEOPLE WILL WIN! WE HAVE TO FIGHT!

I LOVE Jim Willie and what he says, as he ALWAYS Says what it is!  He has done a Big article about MERS today!

MERS has Class actions against it - they are RICO - which is racketeering charges! This is HUGE!

What I do find interesting is no one is mentioned Goldman Sachs as part of it all!  THEY ARE!  They OWN Litton Loan Servicing and they HAVE Foreclosed on people with Fraudulent paperwork also!

GOLDMAN SACHS IS PART OF ALL THE FORECLOSURE FRAUD ALSO!  THAT INFORMATION HAS TO GET OUT!  I KNOW WHAT I AM TALKING ABOUT!  My loan is Goldman Sachs (Litton Loan) - they ARE MERS!

Portions of article linked:

The Racketing Racketeer Influenced & Corrupt Organizations Act of 1970 was designed to fight organized crime. RICO has been invoked in class action lawsuits in at least two states in the past month, each related to mortgage fraud, securities fraud, and illegal property seizures. At the center of the firestorm lie JPMorgan Chase, Bank of America, and GMAC (now called Ally). Little did the USCongress realize that RICO laws might be used to fight profoundly deep criminal fraud on Wall Street. When the criminal activity is tracked with some forensic analysis, the roots are found with REMICs, those perverse financial instruments that functioned as umbilical cords to Fannie Mae in past years, acting like powerful centrifuges. They fed the housing bubble and mortgage finance bubble, each valued over $10 trillion in size. Bear in mind that RICO has been used primarily against mafias and crime organizations dealing with gambling, drugs, and prostitution, where property seizures are routinely carried out. Abuses have been seen in states like Florida, where motorboat owners guilty of owning small bags of marijuana have lost their boats in legal seizure. It seems that selective enforcement is obvious. The target within the crosshairs has moved to Wall Street banks and Fannie Mae under the USGovt protective wing. These are dangerous times.

M.E.R.S. DATABASE -- THE WEAK LINK

The mushroom has a primary point of vulnerability that has received very little attention. The Mortgage Electronic Registration Systems (MERS) was originally an innovative process that simplified the way mortgage ownership and servicing rights were originated, sold, and tracked. MERS is a property title database, intended by Wall Street and Fannie Mae to serve as a repository that kept order when mortgage bonds were traded fast and furious. In recent court cases in at least three states, the MERS database failed to attain legal standing in mortgage foreclosure challenges. The holder of the note (home loan) could not combine with the MERS database (title holder) to win property seizure. The system began to unravel. Now in at least one state, the MERS database is directly cited in a criminal fraud class action lawsuit that invokes the RICO statutes. MERS is the financial system's Achilles Heel. Maybe a big bank like Bank of America might collapse, fall into ruin, and dissolve from proof of racketeering, its assets confiscated by aggrieved parties to fraud. Obviously, Bank of America along with several other big banks have been dead for a long time, since October 2008 in my estimation. If not for the lax and complicit accounting rules by the Financial Accounting Standards Board, which permit banks to declare their own fictitious value for their balance sheet assets, imposed in April 2009, the big banks would undergo liquidation. They cling to control of the USGovt financial purse, its USDollar printing press, its conduits to financial centers, and its extended arm to legal prosecution control. Big bank liquidation is tantamount to liquidation of the entire US financial structure, its power and privilege, in plain words.

TOO Funny - Bankers Sounding a Siren Today. What is it they are saying? "Stay AWAY from Gold" ! HOW Hilarious! Of course we should trust them, right?

This has just got my day going with a a GOOD Laugh.  Bankers are coming out sounding an Alarm this morning!  They are Yelling 'STAY AWAY FROM GOLD'!  How Funny!  Not just Reuters, carrying that article today but Wealth Briefing is also carrying the same article, with a different title, which sounds more official!

Of course we should all listen to them, right?  Gosh, they aren't the ones trying to steal everyone's houses with false paperwork now?  They aren't the ones that took Trillions of dollars from us either..... they aren't the ones who are bankrupting the middle class.... they aren't the ones who have caused this economic problems in the first place due to their fraudulent practices, right?  

I guess we should just listen to all they say and follow their advice.... correct?  

OH but before doing that..................... I would like all those who are sounding this alarm.... to REVEAL how much in metals do they PERSONALLY have!  I bet that would astound people in finding out how those top bankers are preserving their own wealth and protecting the value of the dollar at what it is right now!

So Are you going to listen to the bankers?  :)   

If there is one thing I have learned, whatever the Bankers say to do - DO THE OPPOSITE! 

People have learned to do the opposite of what Cramer says to do and have made money.  But I have to give "The Street" credit today.  They came out with an article yesterday that explains GLD and SLV in that they are simply Paper. 

The article says not to buy GLD or SLV either - due to it simply being paper and not real gold or silver being purchased and that big banks use that paper to short the metals in the futures market.  Great article and I advice reading it, to understand what GLD and SLV really are.


Portions of the Street Article:

When you buy gold and silver physically backed ETFs, you do not own the physical metal, you own a paper representation. With respect to the gold ETFs, for every share you buy, you "own" one tenth of an ounce of gold; for silver, it's one ounce. 

Because you own shares and not the physical metal, precious metal ETFs may be sold short, so two people can own the same "gold" -- the original owner and the investor who is borrowing the shares. Although baskets of shares are allocated to specific gold bars, which can be found in the ETF's prospectus, an investor must share ownership. 

Owning a precious metal ETF can also be more expensive than owning and storing the physical metal. Expense ratios can range from 0.25% to 0.50%, while storage fees at GoldMoney.com, according to founder James Turk, for example, cost 0.15% to 0.18%. 

Profits made on investments in physically backed ETFs are taxed like collectables, at a maximum of 28%, if the investment is held for more than a year. If an investor sells before the year is up, he is taxed at his regular income rate. Basically an investor gets taxed as if he owned bullion, when in reality he just owns paper. 

There are also two types of gold stored in the ETFs, allocated and unallocated. Allocated gold is the bullion held by the custodian. Custodians provide a bar list of all the individual allocated bars daily and are typically audited twice a year, paid for by the sponsor, by an independent party like Inspector International. 

Unallocated gold relates to authorized participants like JPMorgan or Goldman Sachs who trade gold futures. Futures contracts are often bought if the trustee needs to create new shares fast and doesn't have the time to buy and deliver the bullion. Typically allocated gold far outweighs the unallocated gold and the amounts are tallied each day by the custodian.

I am Lovin It! Goldman Sachs Out In Europe And 82% DROP In Revenues Last Quarter! YEAH - I hope it is the Start of the TAKE DOWN of Goldman Sachs!

I LOVE the 2 news articles out about Goldman Sachs!!

First Goldman Sach's Revenue was DOWN by 82% this last quarter! 

Goldman Sachs Group Inc. said second-quarter profit dropped 82 percent, missing analysts’ estimates on a slide in trading revenue five days after settling U.S. regulators’ fraud allegations. 

Net income fell to $613 million, or 78 cents a share, from $3.44 billion, or $4.93, a year earlier, New York-based Goldman Sachs said in a statement today.

Love the Article above... Now today it comes out that Europe is Freezing OUT Goldman Sachs!!
 


Small portion:

European governments are turning their backs on Goldman Sachs, the all-conquering investment bank that has suffered a series of blows to its reputation, capped by the biggest ever fine imposed on a Wall Street firm.

According to data from Dealogic, Greece, Spain, France and Italy have all denied the bank a lead role in their recent sovereign bond sales.

Last Thursday, Goldman agreed to pay a $550m fine to settle US regulators' claims that the bank misled investors in a mortgage-backed security. Goldman admitted that its marketing materials were incomplete, because they failed to state that the same third party that helped choose the assets had taken a bet against them.

But governments have also been shocked at the emergence of past transactions between Goldman and Greece and Italy, where products the bank helped to sell aided both in hiding government debt. Greece, which used Goldman in a bond sale this year, is practically at war with the bank. A sharp contrast with the situation months before, when Goldman bankers dined with the prime minister in a private meeting overlooking the Acropolis. The relationship broke down, though, after news leaked earlier this year that Goldman was about to strike a bond sale deal with China's sovereign fund – which never materialised.

I hope this keeps going - Goldman Sachs Really Needs to be Taken DOWN!  But the problem is they are the ones Running the U.S. Govt's Finances.  All in the administration and the PRIVATE Bank of the Federal Reserve are Previous Goldman Sachs people.  So Goldman Sachs will be Protected in Every way possible.  So it may be up to the individual investors and other Governments to Hopefully Take them down by refusing to have anything to do with them.  Will that day come?  I can only Dream!

The Gold Market was almost Busted Sept. 30th - Gold would have Skyrocketed!

September 30th the Real Gold market was almost Busted! The real situation with how much demand for gold and availablity of gold was almost exposed!

The amount of shorts against gold is the highest ever. Those shorts got caught with their pants Down! This might have been a part of why gold has gone up too in the last few days. But if this had been exposed Gold would be who knows how high right now!

A gold buyer on September 30th put a huge order involving tons of gold in the London market.

*Side note* Buyers do that all the time, but they normally do not ask for delivery and eventually the buys expire.

This time, the buyer wanted Immediate delivery! That put the market in a spin and central banks had to come to the rescue to JP Morgan and those other government tool companies who had shorts on the market. They offered the buyer spot plus 25% - but the buyer did not want fiat money, the buyer wanted the gold.

Those shorts of a tremendous amount - did not have the gold being requested and Sold on the market!

So it goes, the fraud of the market - where the JP Morgans, Goldman Sachs, Morgan Stanley put huge amounts of gold shorts on the market (sell offers) and when a buyer finally said "OKAY, give me the gold you are offering for sale". They couldn't come through!

Imagine what would have happened had the demand and actual amount available had been made public... imagine, gold could have even doubled in one day!

link to article: http://news.goldseek.com/GoldSeek/1255111200.php

September 30th - D-Day for U.S. - Have You been Paying Attention? Are you Prepared?

UPDATE ON SEPT 14TH AT BOTTOM at 11:39am est

Okay, we are now nearing the expected D-day - where the house of cards will come crashing down. People will find what they thought was built with mortar and brick was actually nothing but paper (worthless) and a house built by it perilously stacked one on top of another, without a real base or foundation. This house has been shaking for a year, one quake after another hitting it, but those who built it were able to move one card to another place to keep the house- though hurt, but in tack - able to still hide there was no foundation built. Well, we are now at the time, where the general public (those who have only believed MSM and have not paid attention)are going to be shocked and dismayed when they find out the house of cards has tumbled down around them,when a wind blows - as they were unaware it was about to happen.

What am I talking about D-day = Derivatives!! Yep, that elusive word, that confuses people, as it is a very complicated Wall Street Creation and very few understand what it really is, as MSM does not explain it in detail.

Even the Wikipedia definition of Derivative - is as confusing as it can be:
link: http://en.wikipedia.org/wiki/Derivative

In calculus, a branch of mathematics, the derivative is a measure of how a function changes as its input changes. Loosely speaking, a derivative can be thought of as how much a quantity is changing at a given point; for example, the derivative of the position (or distance) of a vehicle with respect to time is the instantaneous velocity (respectively, instantaneous speed) at which the vehicle is traveling. Conversely, the integral of the velocity over time is the vehicle's position.

The derivative of a function at a chosen input value describes the best linear approximation of the function near that input value. For a real-valued function of a single real variable, the derivative at a point equals the slope of the tangent line to the graph of the function at that point. In higher dimensions, the derivative of a function at a point is a linear transformation called the linearization.[1] A closely related notion is the differential of a function.

The process of finding a derivative is called differentiation. The fundamental theorem of calculus states that differentiation is the reverse process to integration.

Yeah, Ok, whatever all that means... hhmmm - I am not exactly a math expert.
So now lets look at what another meaning, specifically for the Markets is:
link: http://www.economywatch.com/market/derivative-market/meaning-derivative-market.html

The Derivatives Market is meant as the market where exchange of derivatives takes place. Derivatives are one type of securities whose price is derived from the underlying assets. And value of these derivatives is determined by the fluctuations in the underlying assets. These underlying assets are most commonly stocks, bonds, currencies, interest rates, commodities and market indices. As Derivatives are merely contracts between two or more parties, anything like weather data or amount of rain can be used as underlying assets. The Derivatives can be classified as Future Contracts, Forward Contracts, Options, Swaps and Credit Derivatives.
The Types of Derivative MarketThe Derivative Market can be classified as Exchange Traded Derivatives Market and Over the Counter Derivative Market.
Exchange Traded Derivatives are those derivatives which are traded through specialized derivative exchanges whereas Over the Counter Derivatives are those which are privately traded between two parties and involves no exchange or intermediary. Swaps, Options and Forward Contracts are traded in Over the Counter Derivatives Market or OTC market.
The main participants of OTC market are the Investment Banks, Commercial Banks, Govt. Sponsored Enterprises and Hedge Funds. The investment banks markets the derivatives through traders to the clients like hedge funds and the rest.
In the Exchange Traded Derivatives Market or Future Market, exchange acts as the main party and by trading of derivatives actually risk is traded between two parties. One party who purchases future contract is said to go “long” and the person who sells the future contract is said to go “short”. The holder of the “long” position owns the future contract and earns profit from it if the price of the underlying security goes up in the future. On the contrary, holder of the “short” position is in a profitable position if the price of the underlying security goes down, as he has already sold the future contract. So, when a new future contract is introduced, the total position in the contract is zero as no one is holding that for short or long.
The trading of foreign exchange traded derivatives or the future contracts has emerged as very important financial activity all over the world just like trading of equity-linked contracts or commodity contracts. The derivatives whose underlying assets are credit, energy or metal, have shown a steady growth rate over the years around the world. Interest rate is the parameter which influences the global trading of derivatives, the most.
Derivative Market and Financial RiskDerivatives play a vital role in risk management of both financial and non-financial institutions. But, in the present world, it has become a rising concern that derivative market operations may destabilize the efficiency of financial markets. In today’s’ world the companies the financial and non-financial firms are using forward contracts, future contracts, options, swaps and other various combinations of derivatives to manage risk and to increase returns. It is true that growth of derivatives market reveal the increasing market demand for risk managing instruments in the economy. But, the major concern is that, the main components of Over the Counter (OTC) derivatives are interest rates and currency swaps. So, the economy will suffer surely if the derivative instruments are misused and if a major fault takes place in derivatives market.

Okay, above was an explanation of the Market Derivatives. Still a little confused - about what it really is?

I will now give you explanations in the most simple manner possibly - as I understand it - in words, we in everyday life use - and then why - the house of cards was built on derivatives and it will be the downfall of the U.S. currency and "Bank Holidays" will be in the future - Very Soon.

Here is some real information in more simple terms

link to below info: http://www.webofdebt.com/articles/creditcrunch.php

Banks Create the Money They Lend

Bankers will tell you that they do not create money. At a 10% reserve requirement, they simply lend out 90% of their deposits. The catch is that their “deposits” include the money they have written into their customers’ accounts as loans. That is how loans are made: numbers are simply written into the accounts of borrowers, as many reputable authorities have attested. Here are two of them, dating back to when officials were either more aware of what was going on or more open about it:

“[W]hen a bank makes a loan, it simply adds to the borrower’s deposit account in the bank by the amount of the loan. The money is not taken from anyone else’s deposit; it was not previously paid in to the bank by anyone. It’s new money, created by the bank for the use of the borrower.”
– Robert B. Anderson, Treasury Secretary under Eisenhower, in an interview reported in the August 31, 1959 issue of U.S. News and World Report

“Do private banks issue money today? Yes. Although banks no longer have the right to issue bank notes, they can create money in the form of bank deposits when they lend money to businesses, or buy securities. . . . The important thing to remember is that when banks lend money they don’t necessarily take it from anyone else to lend. Thus they ‘create’ it.”
– Congressman Wright Patman, Money Facts (House Committee on Banking and Currency, 1964)

Okay, now let me explain it - in my own words - as I have understood it, through my research.

Derivatives Meaning = Lets say: A bank has a deposit of $1000 - they are suppose to only lend up to 90% of that deposit out. So they then lend $900 out to someone, now they add that $900 loan to "deposits" - because it is seen as money in the bank. So, now they took that $1000 and made it to $1900 as deposits. So now they are able to loan 90% of $1900 - so they loan $1710 to someone else. Once that happens, again they can add that $1710 as money in the bank. The cycles goes on and on - until the reality is quadtrillion - some say quintrillions is loaned out - in money that is not actually there. Thus we have a house of cards that has no base and that is WHY the banks - don't actually have all the money that are in deposits in the banks. So that means - what you think you have in the bank in the form of money - is NOT THERE!

**** addition and clarification**** added Sept. 14th
The above is the base and foundation for all the bets and gambling banks and investment houses have taken against shorts or bets on basically everything out there. They have done it through the fraud of the the amount of "deposits" in their banks and able to use that "excess" deposits to make bets. I would like to add, the center of this whole game is A.I.G. - they have enabled all the bets too, by insuring they were good, to all the foreign investors, etc.

So, the foundation is the fact the banks, have used loans has deposits and compounded what they "had in deposits". The derivatives market is based and starts with the money not being in the banks that they write in, that they have. So, when you see X amount of dollars in deposits at a bank, question - is it Real money - or just play derivative money?******

Are you with me? Do you understand how Derivatives work now - in the most simple terms?
Do you now understand, banks have not put those derivatives on their books - but come Sept. 30th 2009 - due to new banking standards - derivatives need to be put on the books and when that happens - the banking industry will most likely come crashing down.

Here is one example of Banks worrying about the changes,
This is from Georgia's Bankers Association - they released this information last week
link: http://www.gabankers.com/e-Bulletin/2009%20Georgia%20Banking%20update%20-%20September%20(final).pdf

Some information from article:

Key Regulatory Issues Facing Georgia’s Banks
• Regulatory interpretations of accounting guidelines/FASB 114/5; fair value of real estate
• Downward pressure on asset prices caused by market forces and unintended consequences of
government stability programs
• Difficulty of obtaining reasonable and consistent property appraisals continues to put downward pressure on property and collateral values
• Deposit rate caps: New FDIC nationally set price to determine rate caps to further stress struggling Georgia banks that are required to raise local deposits to replace brokered deposits
• Brokered deposits: Requirements prohibiting banks that are considered to be less than “well capitalized” from renewing brokered deposits or seeking new brokered deposits creates immediate funding and liquidity problems for banks that can least afford them. There are reasonable ways to lessen the impact without increasing risk to the deposit insurance fund or artificially distorting the local deposit market.
• FDIC special assessment: will cost Georgia banks more than $133 million -- more than combined 2008 profits. More special assessments are likely, according to FDIC.
• Loan-Loss Reserve effect on regulatory capital: Artificial disallowance of more than $1.8 billion of capital in Georgia banks
• Loan renewals for commercial borrowers that are current on their loans are becoming difficult for some banks facing declining capital levels because of regulatory legal lending limits
• Access to capital and sources of liquidity continue to be limited by the market and regulatory issues.

But here is more from article - an explanation - regarding Deposits

Brokered deposits
Requirements prohibiting banks that are considered to be less than “well capitalized” from renewing brokered deposits or seeking new brokered deposits creates immediate funding and liquidity problems for banks that can least afford them. There are reasonable ways to lessen the impact without increasing risk to the deposit insurance fund or artificially distorting the local deposit market. One possible helpful easing of the regulation would allow “adequately capitalized” banks to renew maturing brokered deposits but continue to prohibit them from acquiring new brokered deposits. This would allow some funding stability for the bank without increasing the potential cost to the deposit insurance fund. If the statute cannot be changed regarding brokered deposits, banks having to shed those deposits should be allowed to reduce their reliance over a longer period of time than simply upon renewal. If the FDIC could
require an orderly reduction of brokered deposits of perhaps 10% per quarter or some other reasonable number, the impact would less.

Are you catching the above? Do you see, how the banking industry admitted in the above that there are artificial deposits?

The link is 24 pages long in PDF form, it is all bankers type info.

Now, we are coming to another link from a person who predicted the fall of the markets etc last year. Besides of course the Peter Schiff's, Gerald Celente's and others who speak the truth of the world. There have been many people sounding the siren of what is coming, the problem is the MSM has not broad casted their sirens, they only have broad casted what the governments want people to hear (which is not the truths of what is really going on). In fact, if you have only been paying attention to the MSM then you think "Everything is turning up roses and there is nothing but Champagne and Caviar in our futures". They have been hiding from the people the real information.

Question: Have you heard on MSM the following:

China is defaulting on their derivatives contracts - they say it was done illegally and a scam from the banks?

China is pushing gold and silver to it's citizens to buy - the Chinese government are running commercials like it is soap on their T.V. constantly?

Hong Kong, Dubai, and Germany have called their gold in from storage from the U.K. and the U.S. - for the first time ever?

The U.S. State Dept. informed all of the Embassies to have local currencies on hand, that will last them a year by Sept. 30th?

The U.S. bond market has been missing China and other countries - they have stopped purchasing our debt? Besides how our bond buyers are now "indirect" buyers? ( in other words the Fed is printing the money as no tomorrow and buying the U.S. debt themselves through "friends")

The amount of money that has been printed up since Sept. 08, that is now new paper of Trillions and Trillions of dollars, created out of thin air?

There is so much more real information on the internet, that the MSM fails to report. They like to keep people distracted with news that ultimately doesn't matter. They are not reporting what is going to have a huge impact on all of our lives in the very near future!

An interesting article out, yesterday:

Dr. Van de Meer predicts monetary collapse of US starting on September 30th

A private but extremely influential silent individual, Dr. Michael Van de Meer is the person predicting a financial collapse of the United States starting on September 30th. That is the end of the fiscal year and the final date for payments the Federal Reserve Board wants to act, but cannot, because it is in a catatonic state, as the leaders of every state in the world is.

There will also be indications on September the 16th, he informed me some ten months ago, “Although September 30th will be the tipping point at which the tree’s fate is determined, the branches will not hit the ground until October 7 and 27th and going on into November,” he says.

Dr. Van de Meer correctly predicted the financial panic that started in September of 2008 (also 10 months in advance) and has made many other accurate predictions.

In a separate confirmation the Chinese Government is no longer entertaining and investing in derivatives, and have declared a Nova-to, meaning they will not be paying the trillions “due” on these these illegal instruments. In fact the Chinese are using stronger language saying these criminally foisted instruments are a declaration of a financial war.

Meanwhile, in a significant break in corporate media censorship, the CBS TV program 60 minutes reported that Alan Greenspan, in concert with Bill Clinton and George Bush Senior facilitated in the year 2000, during the middle of the night, the passage of a criminal, highly illegal unconstitutional Bill that created the mortgage and property bubble. The bill allowed unscrupulous individuals in the major Banks and Insurance Corporations such as A.I.G. to hedge bets at a cent to the dollar. This allowed them to create derivatives contracts whose supposed face value runs into the quintillions of dollars (In either the British or American systems that is the next number after a quadrillion!) . On September 30th all these fiat numbers created out of nothing will no longer be accepted. Both China and Japan have not said they will only accept gold from America but they have none. Bernanke and Geithner are desperately calling the people who own the gold and asking for some but they have been told they will not get even one ounce.

The bundling of the worthless inflated dollars created a devaluation in the banking system and major banks went down in a domino spiral, the affects of which will be felt for many years around the world. The destruction of the world’s accounting system is so extreme that the tax base of every state and municipal government is strained, some house values have fallen 80%, farmers cannot get credit for parts, seed, fertilizers and water meaning many innocent people will pay, maybe even with their lives.

The Wall street banksters that own the Fed are being forced to put all their derivatives garbage on the books by September 30th. If they do that, they will be exposed as totally bankrupt.
The new financial system has been embraced by the Vatican, the British Empire and the Dragon family as well as the new Japanese government so it is hard to see how the Fed will be able meet the demands. Also people are now on to them and without secrecy their entire fiat con-job ceases to function.

The new financial system will not allow any off ledger transactions nor any hedge funds or derivatives. Wall Street will not be allowed to as Dr. Van de Meer puts it to “do all their contrivances selling worthless air and paper and contrived named instruments that by their very names are comic to the ear. They have been gerrymandered to fool the millions who buy worthless stocks just like little old ladies in sneakers working slot machines”.

The American people who are 4% of the world’s population but consume 40% of the world’s resources have been paying for it all with illusory money. The illusion has burst and there will be a 90 degree fall in the value of money, followed by a lot of hard work as the country rebuilds itself back into greatness. Fortunately, by developing all the new technology that was suppressed by the Feds, the end result of the rebuilding will be a golden age for all. But remember, there will be no gain without pain. However, the Americans are resilient people and will pull together and be a more informed and strong nation once again. First though, they need to seek out this Wall Street crowd; tar and feather them, and run them out of the country on a rail.

What is the above article ultimately saying? We are about to go through the toughest time ever in history - BUT - we ARE Resilient - We ARE Strong. We will be able to come together to make it through this coming time!

People need to STOP listening to all the hate and discord being broadcasted at one another through the MSM - we need to come together when things start going downhill! We need to take each other's hands and Help each other out! We don't need to be fighting over "who is on the left and who is on the right"!

The right and left, ultimately DOES NOT MATTER - we are all People - We ALL matter - not one side or another!

I want to add one other thing - I realized the other day - as I was reading a time line at this link:
http://widerimage.reuters.com/timesofcrisis/
of the past year and the economic crisis that has been unfolding... I kept seeing over and over - at every spot and segment the word "Billions". That word has been thrown around by the media and the CONgress all year. Now, it seems if we hear "One Billion" needed for something we don't think it is that much anymore, right?

Well, let me ask you something - What the Hell has happened to the amounts that have MEANING to You and I? You know, like the words "One Thousand, Ten Thousand". What happened to those amounts that would make a difference in people's lives, in whether they live or die, or they have a home or are homeless? Those numbers that actually Make a Difference in people's lives? The ones that all of us regular people need to hear, that would help us out?

In other words, we are getting to where we think One Billion or a few Hundred Million etc, isn't much, right? B.S.!! If those numbers are not much anymore, than why is a debt collector calling people just for a few hundred, why are people having to lose their houses over a few thousand, why are people having to go bankrupt over a couple of thousand of owing those corporations and banks that have gotten those "Billions" from the government?!

Stop and think about it, when the media is throwing those billion numbers around - think about how all those banks are still foreclosing on people for a few thousand!

Personally, I am sick of hearing Billions as if, it was a simple cup of coffee! I want to start hearing truth - I want to start hearing how those billions given to banks, are actually letting people keep their homes. How come those banks have stayed so ruthless against the the people and not refinancing their mortages as they are suppose to.

Yeah, regarding that government deal - of people being able to rework their mortgages from the banks that received bailouts... How many people do you know - actually got help?

I can tell you there may be some - but the statistics of people actually being helped is under 5% to the people that have applied under the government deal.

The Obama administration’s $75 billion mortgage bailout program to help some 9 million struggling home owners is off to a slow start. So far 55,000 people have had their loans modified according to this CNN Money report.

There certainly had to be a ramp up period for loan servicers to get their systems and people in place to be able to accommodate the crushing requests from homeowners. But at this pace, it will take the full second term of the Obama administration to get the 9 million complete – if that.
It’s really an unbelievable time in the mortgage business right now. The people I talk with are extremely busy working with people to refinance and with new purchases. The people running the backend systems must be running full tilt because not only do that have all the new loan requests and refi’s, but they have to deal with all the people falling behind on their payments, foreclosure filings and now the massive under taking to try to modify some 9 million loans…many of which, by the way, will not likely be able to be modified.

I tried to get a mortgage change - "Nope" not going to happen, was told - Oh yeah, I also found out that the mortgage servicing company that I owe my mortgage to, they are owned by Goldman Sachs!! I also researched that they have turned down almost everyone - and people who thought they were getting their mortgage reset with them, were foreclosed on in the middle of it! BTW: Goldman Sachs was one of the biggest beneficiaries of the bailout - yeah - here comes that word.. they got "hundreds of Billions" from all of us, through the government!

So, as I wind down this post with various information - look at what is honestly going on - Please - look for the truths of what is about to occur - don't just listen to CNN, FOX, MSNBC. With the information above, did some of that seem true to you? Can you discern what feels true or not true. Think about it and then take steps to take precautions - opportunities will likely be coming up very soon to purchase the best hedge against inflation and you can see what I believe it is, due to most of my postings in this blog. But I will say it one more time - METALS!!

A question - if you doubt any of the information, then why is CNN running this article:
http://money.cnn.com/2009/09/10/news/economy/insider.sales/index.htm?postversion=2009091107

Title: Insiders Selling Like NO Tomorrow

"It's not a very complicated story," said Charles Biderman, who runs market research firm Trim Tabs. "Insiders know better than you and me. If prices are too high, they sell."
Biderman, who says there were $31 worth of insider stock sales in August for every $1 of insider buys, isn't the only one who has taken note. Ben Silverman, director of research at the InsiderScore.com web site that tracks trading action, said insiders are selling at their most aggressive clip since the summer of 2007.

One other thing, I read some information this morning - it is the Swiss banks - that have no branches in the U.S., therefore are not affected by having to give up the names of U.S. accounts - have sent out notices to their account holders - on Friday - telling them, they have to get their money out of the banks immediately and by Sept. 30th. Those people are questioning "Why" the Swiss banks, don't want U.S. money on their books?

UPDATE SEPT 14TH

Article out from Bloomberg - Joseph Stiglitz, the Nobel Prize- winning economist - says banking problems are bigger than before Lehman failure! (that means pre-bailout also)
link: http://www.bloomberg.com/apps/news?pid=20601087&sid=aYdgQkXu9eBg#

“In the U.S. and many other countries, the too-big-to-fail banks have become even bigger,” Stiglitz said in an interview today in Paris. “The problems are worse than they were in 2007 before the crisis.”

G-20 Steps
“We aren’t doing anything significant so far, and the banks are pushing back,” he said. “The leaders of the G-20 will make some small steps forward, given the power of the banks” and “any step forward is a move in the right direction.”

“It’s an outrage,” especially “in the U.S. where we poured so much money into the banks,” Stiglitz said. “The administration seems very reluctant to do what is necessary. Yes they’ll do something, the question is: Will they do as much as required?”

Global Economy

Stiglitz, former chief economist at the World Bank and member of the White House Council of Economic Advisers, said the world economy is “far from being out of the woods” even if it has pulled back from the precipice it teetered on after the collapse of Lehman.

“We’re going into an extended period of weak economy, of economic malaise,” Stiglitz said. The U.S. will “grow but not enough to offset the increase in the population,” he said, adding that “if workers do not have income, it’s very hard to see how the U.S. will generate the demand that the world economy needs.”

The Federal Reserve faces a “quandary” in ending its monetary stimulus programs because doing so may drive up the cost of borrowing for the U.S. government, he said.

“The question then is who is going to finance the U.S. government,” Stiglitz said.

ANOTHER UPDATE: Here is a great article out today -
How to Prepare for China's Upcoming Derviatives Default

link: http://www.kitco.com/ind/Summers/sep142009.html

The Above article is a MUST READ in my opinion! It says a lot in it and explains A Lot!