We were a little taken aback last week by the effrontery of
After all, Goldman Sachs has received billions (if not trillions) of dollars in entitlements from the American taxpayer, while paying little in taxes. In 2008 alone, Goldman Sachs paid 1.1 percent of its income in taxes when it made $2.3 billion and got almost $800 billion from the Federal Reserve.
For Blankfein to say that ordinary taxpayers must have less, and he and his Wall Street buddies must have more -- well, that's over the top.
But then we realized that Goldman Sachs already took over Europe. So no wonder Blankfein feels entitled to take over America.
Earlier this week, the great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money Goldman Sachs completed its European conquest when Mark Carney was named the new governor of the Bank of England -- one of the most important positions in the stewardship of the British economy.
Current reports on Carney's resume:
Carney is a former 13-year veteran of Goldman Sachs and was involved in the 1998 Russian financial crisis which was exacerbated by Goldman advising Russia while simultaneously betting against the country’s ability to pay its debt.Look who else is running Europe's economy into the dumpster (where Spaniards are now hunting for food):
- Former EU Commissioner Mario Monti was picked (not elected) to replace Prime Minister Silvio Berlusconi (who was elected) last year. Monti was an international advisor for Goldman Sachs. “This is the band of criminals who brought us this financial disaster. It is like asking arsonists to put out the fire,” commented Alessandro Sallusti, a Milan newspaper editor.
- Lucas Papademos was appointed (not elected) to replace Prime Minister George Papandreou (who was elected). Papandreou was ousted because he wanted to put the question of the Greek bailout to a popular referendum. Papademos was governor of the Bank of Greece when it oversaw deals with Goldman Sachs to hide the size of Greece's debt.
- Petros Christodoulou, head of Greece's debt management agency, began his career at Goldman Sachs.
- Mario Draghi, former vice chairman of Goldman Sachs International, is now head of the European Central Bank.
- Peter Sutherland is the former attorney general of Ireland, prominent supporter of Ireland's bailout of the banks (at taxpayers' expense) and chairman of Goldman Sachs International.
- Otmar Issing is an advisor to Goldman Sachs, former director of the Deutsche Bundesbank and the European Central Bank. Also creator of the euro (and that's working out well).
- Antonio Borges, formerly head of the IMF's European Department, is a former vice chairman of Goldman Sachs International.
|Eating out of a dumpster in Spain.|
Be very, very afraid.