Jul 2, 2009

Former Goldman-Sachs banker new US ambassador to Germany

Lest you think an important post in the Obama administration might have to do without a Goldman-Sachs alumni, former Goldman banker Phil Murphy is soon to be welcomed by Germany as the new US ambassador.

You can go back to your nap now, a Goldman-Sachs rep is in the house. Again.

In fact, if it's true what I've been reading that every financial bubble and collapse since the 1920s has been gamed if not orchestrated by Goldman-Sachs (and the Fed and the World Bank), I'd say that G-S is the house. These manipulators take win-win to the ultimate level.

And speaking of the 2008 presidential campaign, do you remember how Barack Obama's community organizing work was touted as an admirable thing because the brilliantly talented fellow (and he is) could have easily gone right to Wall Street after graduation to roll around and make mega-bucks there instead of working with and for the poorer elements in our society?

Well, apparently he did (or didn't), but he's just doing it from the White House. Yet didn't Goldman-Sachs install their man Barack in the Oval Office to do their bidding?

Ever since BHO appointed Clintonites like Larry Summers and that other guy to be on his 'Economic Team' - and then G-Sachs' Timothy Geithner as Secretary of the Treasury - it feels to me as if President Goldman-Sachs, with a current not former, Wall Street address to his credit, has coup'd the Oval Office and now plays the role of US commander-in-thief.

~:~

'Commander-in-thief' is a reference I first heard on a Radiohead album just after Bush first coup'd the White House, and since the (orchestrated) financial collapse of 2008, new levels of meaning accrue to the word, 'thief' in the USA - and it began under Bush.

1 comment:

clymela said...

so sad and I do agree that things do appear to support your thinking. I have been so sad while watching the old game played over and over: the Plutocrats among us keep rolling in the bucks and in huge amounts but "we" cannot afford single payer medical coverage.