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Octafish's Journal
Octafish's Journal
October 1, 2014

Aren't they a division of the Carlyle Group?

What comes before "plastics."

September 27, 2014

Government by Goldman Sachs

Former SEC regulator Carmen Segarra taped the top federal regulator at Goldman say certain laws don't apply to the rich.

Those interested in justice may want to download a copy before they're gone:

The Secret Recordings of Carmen Segarra

From This American Life:

An unprecedented look inside one of the most powerful, secretive institutions in the country. The NY Federal Reserve is supposed to monitor big banks. But when Carmen Segarra was hired, what she witnessed inside the Fed was so alarming that she got a tiny recorder and started secretly taping.

SOURCE: http://www.thisamericanlife.org/radio-archives/episode/536/the-secret-recordings-of-carmen-segarra

What another economist noted before he got fired and then won the Nobel Prize:

Larry Summers: Goldman Sacked

Monday, September 16, 2013
By Greg Palast for Reader Supported News

Joseph Stiglitz couldn't believe his ears. Here they were in the White House, with President Bill Clinton asking the chiefs of the US Treasury for guidance on the life and death of America's economy, when the Deputy Secretary of the Treasury Larry Summers turns to his boss, Secretary Robert Rubin, and says, "What would Goldman think of that?"


Then, at another meeting, Summers said it again: What would Goldman think? A shocked Stiglitz, then Chairman of the President's Council of Economic Advisors, told me he'd turned to Summers, and asked if Summers thought it appropriate to decide US economic policy based on "what Goldman thought." As opposed to say, the facts, or say, the needs of the American public, you know, all that stuff that we heard in Cabinet meetings on The West Wing.

Summers looked at Stiglitz like Stiglitz was some kind of naive fool who'd read too many civics books.



Then there's Goldman Sach's legendary generosity, not limited to the Executive and Legislative branches.

Here's The REAL Connection Elena Kagan Has To Goldman: Three Days Of Easy Work

Newly nominated Supreme Court Justice Elena Kagan's supposed connection to Goldman Sachs is much ado about nothing.

Reports are flying around that she "worked for Goldman," when she straight up did not.

She was one of many on a council that spent three days (one day each year from 2005-2008) advising on the Research Advisory Council of the Goldman Sachs Global Markets Institute. Kagan was paid $10,000.

Justice Department spokeswoman Tracy Schmaler explains in HuffPo, "They met once a year for a day-long conference organized around public policy matters. The group was not involved in making any investment decisions for the company."

SOURCE: http://www.businessinsider.com/heres-the-real-connection-elena-kagan-has-to-goldman-three-days-of-easy-work-2010-5

Nice people, all, I'm sure, even if Ms. Kagan sided with Karl Rove over Gov. Don Siegelman and 100 former state attorneys general. The thing is, people without money don't get much help from government these days.

September 27, 2014

Outstanding analysis.

Great links, too.

FWIW: The media owners and operators are so corrupt, even public freaking radio in Detroit refused to report, let alone cover, the story of when the emergency manager's team played God with the city's electrical system, shutting off power and trapping people in elevators last summer on a 100-degree day, "just to show they can."

Thank you, as always, kpete!

September 27, 2014

At $7.5 million per cruise missile, you bet your sweet taxpayer it is.

Why do you think Carlyle Group owns Booz Allen Hamilton approved vendor spyhaus for NSA?

For the slower lurker: Because that's to know where the money is going to be.

Good for Democracy™, 2.

September 25, 2014

Hope for change.

"Money trumps peace."
September 24, 2014

What Reichsmarschall Hermann Wilhelm Göring said.

“Naturally the common people don't want war; neither in Russia, nor in England, nor in America, nor in Germany. That is understood. But after all, it is the leaders of the country who determine policy, and it is always a simple matter to drag the people along, whether it is a democracy, or a fascist dictatorship, or a parliament, or a communist dictatorship. Voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is to tell them they are being attacked, and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same in any country.”

September 23, 2014

You don't make friends by killing people's families.

At least, that's not how we do it in Michigan. We actually listen to that guy from Kentucky:

"The best way to destroy an enemy is to make him a friend." - Abraham Lincoln

So, rather than bomb the poor schmoes to stone age, why not send them a credit card and a Sears catalogue. Let them choose something nice and we'll pay for it, even the shipping. It's cheaper than War without End. It goes better with a lighter conscience, too.

September 23, 2014

Think about what you said.

You meant "Only WHITE Western lives count and only then if they have money and the more money they have the more they count."

Like this rich and famous painter of shower scenes:

Like his father, a visitor to Auschwitz*, and himself also a torturer, mass murderer and war criminal, the guy never was quoted in no newspaper or on any television on it, despite the reporters there when he said:

"Money trumps peace."

* "Do people challenge the accuracy of what you present?" -- George W Bush, then "president," at Auschwitz, May 2003

"Boy, they were big on crematoriums, weren't they?" -- George Herbert Walker Bush, then vice-president, at Auschwitz, September 1989

So, apart from DU, we likely wouldn't know any of that.

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