Goldman Sachs a Money Pit

Goldman Sachs top Bankster exercised his November 2000 Goldman Sachs stock option on 90,000 shares @ $82.87 and sold this last week @ $149.50 for his take of $6.1 million American Houdini Dollars Booty.



At a time when 10% unemployed Americans suffer the Nationalized Banksters continue to enrich themselves with free money from the US Treasury.



The Top Bankster salary for 2009 was a mere $862,657 down from the Bush last year 2008 salary of $42.1 million compensation. The loss of income no doubt caused the Bankster to sell off Goldman stocks in hardships.




The chart above indicates the Banksters lackluster skill levels for not having sold @ 2008 high levels exceeding $240.00 a share. Easy come easy go. The sell off could be seen as a turning point in Nationalized Banking futures. If the top guy is selling there must be a reason. These guys take money very serious.




You may remember the unforgettable $800 billion TARP bailouts gifted by the Big Bucks Bush Administrations. Of the $800 billion TARP booty, Goldman's take was 10 billion in TARP money and another $13 billion paid by the Bagman AIG with more TARP money. AIG is not expected to repay any of the TARP malfeasance. Directly and indirectly Goldman received
$23 billion of TARP booty. It could be said " If the Girl Scouts of America got their cookies for free they would be equally as successful as the Nationalized Banksters".



The DOW Jones Industrial average is nearly the same today as 2000 levels after being driven to a Highest ever of over 14,000 from the 1999 Abolished Glass Steagall Act of 1934. As a result of the abolished 1934 legislation the Banksters can now legally invest US Treasury Bank funds into the Stock Markets. The markets were not benefited by the eight years of Bush.




Goldman's best and brightest followed with the new Mortgage Derivative Bundling Scheme that triggered the housing boom and ultimate collapse. They marketed this malfeasance as their new products and sold worldwide.


The Bush Administration bailed out the Banks not to protect the American people but, to protect and secure New York as The Financial Capital of the World with taxpayer debt of $800 Billion TARP Booty. Without this money paid to Bagman AIG the world markets would have suffered heavy losses and refused the New York Financial Capital.




The SEC swept the issue under the TARP carpet with Goldman settling a SEC lawsuit with a $600 million damage award to the SEC. My former paperboy could have cut a better deal.


The system that allows the Dirty Dozen Banksters unlimited access to The US Treasury money supply free of charges continues on with support of the American Government.



There are many things the taxpayer cannot control through free market capitalism. The two biggest variables that will forever keep Americans broke are the imaginary charges of interest by our Nationalized Banksters and Taxes forced by the Oligarchy Government.

Could these two thefts have the same father?

Could be Your Lucky Day or Not

Remember when the unemployment rate was 1% and the interest rate was 9.5%

2. The current US debt is 13 trillion and there are 13 digits in a trillion.

3. The unemployment Rate in Michigan is 13% of those who are not illegal disabled or out of work for more than 13 months.

Conscription in America

I read an article published in a newspaper written by Michael Fleischer titled "Why I'm not Hiring". Mr Fleischer operates a small business in New Jersey that employs 83 people. His company, Bogen Communications markets audio systems equipment for educational use for commercial and industrial institutions according to his information.

Mr Fleischer article focuses on an employee named Sally. The basics are her annual salary is 59,000 dollars a year. From this amount Sally gets to keep a mere 44,000 dollars a year due to conscription. Conscription is the word that jumped off the page at me. I have written several editorial trying to describe the government demanding National Service to an Oligarchy Government. (see earlier blogs The Grocery and The Slacker Administration Act 2010.)

Conscription is defined as use for military service or commonly referred to as "The Draft" but, certainly fits as private citizens are drafted to perform the work of the Bureaucratic Oligarchy Government.

Back to Sally. The article continues on with in addition to paying Sally's salary, Mr Fleischers pays a total benefit package of 74,000 dollars annually. Mr Fleischer failed to include Sally's total labor burdens of office overhead who's service fulfills demands of the American bureaucracy. The total labor burden would further inflate the 74,000 dollar figure even higher. Office labor burdens are the non performing employees who perform Payroll, Taxes, OSHA, and Insurance demands on behalf of the Government but, paid in full by the private sector employers. The rewards to the employers for his part in the extortion is he pays little or know personal tax himself.

Of the deductions on Sally's paycheck 9 carry a title ending with the name "Insurance". 10 if you included Social Security which is defined as contribution. Nor does it include Car insurance always required as dependable transportation is a mandatory condition of hire and state governments. Nor does it include other taxes for any hidden tax of fees , Professional License or mandatory continuing eduction extortion's. Social Security is either a tax or insurance your choice. In addition there are the huge amounts for income taxes deducted without consent.

Bogen supplies educational amplifiers and most likely has government contracts which require donations to political party affiliations to obtain contracts. This money also comes right off the top of a balance sheet. This corruption is also money Sally will be required to sweat out black ink each day. Paying to have your yearly income tax filed is money burnt in the fires of Oligarchy. Ditto for Certified Public Accountant who owe their very collegiate certifications to a wasteful senseless bureaucracy.

The spread between the over 74,000 and the less than 44,ooo is money stolen from the GDP. The $30,000 plus is money that Sally must sweat out of each work day or she is terminated or the company will close it's doors.

The numbers look like this; $44,000 divided by weeks divided by hours is $21.15 per hour. (based on 40 hour week) minus gas, insurance, interest, fees and license ad ons. Don't forget bank interest because interest and tax are both imaginary charges without consumer controls. The thirty Thousand lost from employer and employee is divided weeks, hours to $14.42 per hour earned by Sally and presumably marked up again for the standard office overhead profits multipliers utilized by all employers. This is how your boss gets rich as he profits a small amount from each worker hired. If my math is correct Sally works 20 minutes of each hour for the Oligarchy, 1.33 days a week or 17.33 weeks a year or four months for nothing. This would probably increase easily to six months if you included Property Tax, Sales Tax and the rest to numerous to mention.

Where is this immense wealth spent? Sally is only one person. If you figure one out of three people sweating in the private sector is actually working for the Oligarchy Government and this doesn't count another 2 million full time federal civil service job or state and city employees. Not to mention Government employees now make more income than average private sector workers. Firemen are reported to make 500.000 dollars a year in some areas. This is the tail wagging the dog scenario.

How do we stop the growth of government? Place an immediate hiring freeze on government workers. Place all government workers on a four day work week with wages adjusted accordingly This includes Congress and Post Office. Military, Fire and Police services naturally continue. Stop demanding college degrees for government jobs. Issue a comprehensive test for the position and hire those who scored highest. Remember, Albert Einstein worked in the patent office and had no degree.

Abolish IRS, The Patriot Act, Social Security, Healthcare Reform and Homeland Stupidity. We need to initiate substantial rewards to whistle blowers in government. Insuring that everybody is watching and sharing in the public trust. Pass legislation forbidding conscription in America.

Pass legislation forbidding corporations from political donations. Place a Fat Tax on all forms of commerce that deal in the public business. Include heavy taxes for political election campaigns advertising on television and newspapers.

Government is now Americas biggest industry and should be taxed to those who survive from the wholesale public dole.

As far as the ten insurances deducted from Sally's paycheck I propose one Insurance of Loss Prevention. One Policy that covers everything from Flood to Asteroids and Hemorrhoids to Heart Attacks without cancellation. Eliminated would be single policies for all of the following but not limited to.

1. Health Insurance

2. Home Owner's Insurance

3. Automobile Insurance

4. Worker's Compensation Insurance

5. Liability Insurance

6. Unemployment Insurance

7. Disability Insurance

All of these Insurances are duplications of the same losses. Sold over and over not by loss but locations. It's nonsense. If your in the hospital does it really matter if you fell off a ladder at work or slipped in the bathtub at home. Your Doctor doesn't care and it won't affect your cost or prognosis.

Bed Bugs, Free Trade and Postcards from the Middle Class

I watched President Obama's speech yesterday as he discussed the economics of education in America. He argues that college graduations will create jobs in America. More Graduates more jobs. Very similar to his approach on Healthcare Reforms will also produce JOBS.

He makes the claim as he seeks to create a Pathway of Citizenship to 22 million illiterate free ranging criminal aliens and free entry to our country. This is an undeniable conflict in Philosophy. The Pathway to Citizenship will also create 22 million jobs that he quietly fails to mention. Once these jobs already embedded in American life become taxable. You know the 22 million jobs most Americans have no access to hire.

Politicians are pondering the change of the 14th Amendment to the US Constitution that grants citizenship to all born in America.

The perception is birthrights are not applicable to illegal aliens who cannot vote. To deny their children citizenship guarantees they will never vote. None of these politicians will lift a finger to control our borders as subservient illegals are deemed much to valuable to Oligarchy America. Bushism Covert Doctrines to ignore the immigration law of the land for economic gains.

To deny their children citizenship is violation of the 13th amendment which is emancipation proclamation. (slavery) All pure greed and another pathway to Civil War.

Most of this debate I vehemently disagree. If everyone in the US were to produce a Harvard Diploma, it would not create a single job. There is only so much room at the Oligarchy Top and Collage Degrees is the current economic bar that separates the have's from the have not's. To often a degree is a purchased gate post that recognizes passage and not achievements. (see GW Bush).

University Graduation rates are the product of a strong middle class economy. As graduation rates have declined the number of Universities have increased. Many of these new Matchbook Universities offer degrees of a highly questionable curriculum. Many Matchbook Universities operate for financial gains only and produce graduates of unknown abilities. To produce a better graduate, better standard of curriculum are necessary. Or the number of graduates is as pointless as the money spent on useless certification.

People who have food on the table working one job per household 40 hours a week will nurture their children, pay taxes and send their children to college. This is not fabrication it's fact. They will do so with income they earned and paid taxes.

Providing Government Grants and Tuition circumvents the nurturing and moral upbringing the Middle Class provides as a necessary by product. President Obama stated the US Collegiate Graduation Rating worldwide has fallen to 12 th place. Falling from first place in a single generation.

Having not attended a University I had some trouble fully understanding his facts.

After some quick research I found America has fallen to 22nd position from 1970 highest in the world. I believe the manufacturing jobs we foolishly sent overseas was the estuary for future college graduates that put men on the moon.

The American Middle Class is the breeding ground for a Great America The middle class was a lifestyle culture that not only produced wealth for college, but secondary to the Family Values and Moral Fibres it instilled in it's youth.

We've all witnessed the modest garages of middle class homes that produced computers and software Guru's of the Boomer Generation. Boomers were the last generation of Number Ones In America.

Foreign Oil can be traced to Americas fall from grace. The fact we as nation did nothing to stop the free fall is unconscionable. The tumble can be traced to the Pharaohs of Greed Street that demands the most reward with the least investment. The path of least resistance seldom produces long term gains.

Once they exhausted every dime from the middle class they looked overseas to feed the greed. The overseas ventures were illegal in the US as they ignored human rights and environmental standards uncontrolled. Americans cannot compete in world markets if markets are unfair. Chinese workers don't pay for Congressional Pork.

When we mortgaged the middle class and sent our manufacturing base overseas .We supported genocide on the estuary that supported everything that made America Great. All the natural resources of the 1970's are still here in America and the factories that utilized them to manufacture. The only missing commodity is the priority of how to best use our wealth.

As the Middle class was sacrificed By the Pharaohs of Wall Street, graduation rates coincidentally fell from number 1 in 1970 to 22nd in today's worldwide rating. The President recognizes the fall, but does not address why it fell. Nor does he recognize the college graduates education began in a middle class home. After school care of children's parent working 70 hours a week will not produce quality citizens. As Parents work torn people from nurturing their children public schools grades plummeted. The teacher's produced from this system causes exponential deterioration further. The American taxpayer subsidises foreign students nurtured in proper home environment that they cannot give to their American children.

To return to number one is to establish strong family values in America. You must however, first Value Families, Mr President. This is your job. You cant throw a bone in the air and declare the winner is the one with the bone.

Remember Colleges at one time taught the Earth was Flat. The Flat Earth education no doubt produced thousands who believed same. College in itself is not a wealth of information as much as it exercises your brains grey matter to think and be rational. One can learn this behavior as Abraham Lincoln did a two hundred years ago.

We need too rebuild the Middle Class and Estuary of good paying jobs as our highest national priority. The Influx of illegal aliens diminishes a Strong Middle Class as it enriches the Pharaohs of Greed Street. 1 % Robber Barons.

The President is a great man similar to many of our Presidents. (not all) I enjoy his speeches. You must remember that in addition to his many assets his liability is, he is first a politician. I admit I'm guilty of changing the channel for eight years of the Bush administration.

President Obama challenges, Education will lead America out of the second Great Depression. I doubt this logic. Our civilization is falling apart. After the fall of Rome the world slipped in to The Dark Ages when invention and culture was dormant.

We are beginning to see a return of Diseases. Tuberculosis, Polio, Small Pox and Bed Bugs. This is not bad luck.

This the tilting point as we spiral downwards to the Dark Ages from the Atomic age.

The world has fallen victim to the Gilded Age suppressed in America a hundred years ago. The Robber Baron's have returned to rape the worlds economy in G-8 or G-20 meeting sponsored by America.

Abraham Lincoln 16th President of the United States and the First President of all People

You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all the people all the time.

Abraham Lincoln

Immaculate Deception

The first American Revolution began because the colonist perceived the English Crown was not needed or central to American life. When people are separated from dominance for long periods of time and extended distances they will invariably become independent. People left to their own resources also breeds independence. And finally, people will also revolt for unfair oppression and severe domination.

The first rule of any authority is never aggravate more than 50% of the people at one time. You can aggravate all, just not all at once. To do so, expect a revolt or mutiny or both. This 50% number has been toyed with for the last decade in American life.



Certainly in early American settlements the English Crown was their life line of support for every commodity. As America's dependence on English goods were substituted for American products available across the street not across the ocean the perceived independence grew.



King George's power was much stronger to the subjects of the English Isles due to geographical barriers. You could run, but you had to swim as well to be independent of King George's rule.

The colonist were kinda on your honor long distance subjects of King Georges authority. Democracy and Supply and Demand are a natural occurrence in the absence of Laws of Monarchy or Bureaucratic Rule.

Once the dependency on commodities were severed, Declaration of Independence was eminent.
The wilderness of the American continent tempered the gene pool with only the strong will survive and further produces only people of strong will. Early settlers were a tough and rugged bunch of English undesirable banished to the new world.

Without English Rule what would become our substitute for English Monarchy? We had Democracy and we practiced the laws of Supply and Demand by default. The Declaration of Independence followed by the US Constitution was our first adaptations to a government By The People For The People.

The misspelled words in these documents are apparently not the only proof of a more perfect union constantly debated. When making laws for all it's people, it's difficult to remain unbiased and not tilt the written word subtlety in your favor. The debate continues on to this day as we strive for a unbiased more perfect union.

Back in the day the arguments were no doubt centered on wealth potential and today we are further tempted by America's vast wealth. Greed is a constant threat to Democracy not present in other forms of government.

Once committed to parchment loopholes will appear. Our presumably unbiased founders built a flexible document that can be changed as needed.

Supply and Demand economics is for short term purposes only and fails miserably in long term applications. Conservation is a necessary component of Supply and Demand economics.

When I personally determine if values are fare I will always revert to the Basics of Democracy, Supply and Demand to answer any questions. Place yourself in the boots of Thomas Jefferson and answer the difficult questions of the day.

It didn't take long to figure out that in addition to Supply and Demand, Free Markets were required for fare values. Supplies or Demands can be artificially stimulated and produce false values.

Gold, Coffee, Silver, Orange Juice , Houses, Stocks and Oil have been falsely stimulated for personal gains. Without regulations Free Market don't function and people will not patronize if perceived unfair.

Thus we get The First Great Depression when market confidence is lost, even though rightfully so.

Many Americans feel separated and alienated from their "Government By The Government". This contrasts "By The People For The People" as taught and many died to protect. Not a good situation at all and extremely volatile to civil unrest. A system of "By The Government For The Government" violates our obligations to our ancestry as it deprives freedom to our descendants. What could be more important to the American Legacy? Who will play the fiddle as Rome burns?

The Patriot Act is legislation "By The Government For The Government" that does not require intense skills to evaluate whether it's acceptable to the US Constitution. Liberty is sacrificed to cover an inferior border and immigration policies.

Any moron can read both documents and determine the Patriot Act violates the 4 th Amendment and yet it endures as our Supreme Court drags their feet.

People don't buy homes if they believe ownership is impossible because of extreme taxes or unfair mortgages that underwrites the Bankers interest only. After all they're loaning you money from the Federal Credit Union known as the GDP.
TARP bailout money is "By The Government For The Government".

The Homestead Act signed in 1862 by Abe Lincoln gave anyone willing to improve 160 acres of land free title to government lands, later updated to 320 acres in 1909 and again 640 acres in 1916.

Now, a mere one hundred years later the same government attempts to tax away the now Improved Land with a poorly run obese gluttonous federal bureaucracy "By The Government For The Government".

When Banks fail they are not penalized and follow different standards than the US citizen as the taxpayer sits and watches the wheels of Oligarchy turn the greed of Wall Street Bankers "By The Government For The Government".

Home prices are now artificially stimulated "By The Government for The Government"through $8000.00 dollar free Houdini Dollars and TARP subsidy to Banks that encourage Banks to hoard homes for better future prices. This is not only an unfair market to enter it discourages the much needed eminent free market correction necessary to stabilize markets.

The housing market was falsely stimulated upwards by a lax SEC / US Treasury and the abolished 1934 Glass Steagall Act signed by President Clinton in 1999. Ditto for cars.

Wages on the other hand have been depressed "By The Government For The Government". Uncontrolled borders and perceived humanitarian needs of Non-American criminal free ranging aliens has precedents in "By The Government For The Government" that allows a lower standard of living and robs American Middle Class, as it rewards Pharaoh's of Wall Street with obscene wealth and bonus booty.

Seized money from Oligarchy supported employer payrolls separate the citizen from his rights to choose as it requires him to purchase mandatory insurances and retirement. This system blurs the line that separates government from everyday commerce which is the backbone of Democracy. You forfeit your Democracy for Oligarchy on your employers doorstep.

Every crumb you accept from the Oligarchy Government removes you farther from freedom.

Once Government Employers seizes money from the citizens to purchase goods in his behalf, seized money is skimmed in uncontrolled political burdens and then forwarded to the appointed government receiver.

The receiver then becomes immediately obligated to the "By The Government For The Government" system. It also removes the Citizens powers over his Government as taxes are seized without expressed consent.

Elections become a necessary Constitutional obstacle in the Oligarchy Illusion of a Democracy. The Oligarchy Government insures regardless of your vote the Corporation will win despite the candidate elected.

Even though I was born at night I was not born last night as my government believes.
The Healthcare Reform and Financial Reforms, Patriot Act and proposed Pathway to Citizenship signed or proposed into laws are "Immaculate Deceptions" as they promote a handful of noble reforms that benefit the people while the liabilities reward two thousand pages of legislation in favor of an even bigger Oligarchy "By The Government For The Government" system.

What would be Thomas Jefferson reply to mandatory Auto Insurance that tosses citizens in jail with fines for not paying insurance extortion. Nobody quibbles those deemed liable in Courts must make restitution's to victims. This has always been the accepted law. This has nothing in common with your Operators License or Vehicle registrations. It is pure extorsion.

Mandatory Insurance causes collusion's price fixing and waste uncontrolled by Supply, Demands and Free Market Capitalism . If it were not mandatory it would be half the costs.


This leadership did not stand in 1776 and it will be met with the same disdain in 2012.

Times Square Stock Ticker #1