"of, by, and for Goddamn-Sachs" gangsters
(the Robt. Rubin crew: Larry Summers, Gary Gensler, Gene Sperling, Dave Axelrod, Jared Bernstein, Timmy Geithner, Mary Schapiro, Mona Sutphen, current US Supreme Court 'Justice' Elena Kagan, Jacob Lew, recently departed Rahm Emanuel and Pete Orszag, etc. etc. etc ad naseum)
to INTENTIONALLY JACK UP commodity food prices worldwide - using MONOPOLY CONTROL of commodity exchanges to inflate the prices consumers must pay for life sustaining commodities like food and oil.
Above: Bernanke's MONEY SUPPLY curve (TRILLIONS of dollars of CREATED OUT OF THIN AIR money that lands in vaults of Fed Reserve member/owner banks)
Bernanke's MONEY SUPPLY spike, far right of graph, = "free money" that lands in bank vaults of Bernanke's genocidal banker career sponsors at GS & JPM
Below: the 1920s Weimar Republic international banker created hyper-inflation that killed democracy in Germany, leading to the 1930s rise of totalitarian fascism there. (link)
Rampant Inflation In 2011? The Monetary Base Is Exploding, Commodity Prices Are Skyrocketing And The Fed Wants To Print Lots More Money
Are you ready for rampant inflation? Well, unfortunately it looks like it might be headed our way. The U.S. monetary base has absolutely exploded over the last couple of years, and all that money is starting to filter through into the hands of consumers. Commodity prices are absolutely skyrocketing, and it is inevitable that those price increases will show up in our stores at some point soon. The U.S. dollar has already been slipping substantially, and now there is every indication that the Fed is hungry to start printing even more money.... (cont'd)-------------------------------------
RAMPANT INFLATION, SKYROCKETING prices, as Barack Obama's "economics" wrecking crew leads President Obama about by the nose, Obama pretending to be BLIND to those skyrocketing prices.
...SENIORS on Social Security must literally choose between eating or buying prescription drugs. (Hence the derisive nickname, "CATFOOD COMMISSION" for Obama's choice of Social Security wrecking Commissars to destroy social security.)
To repeat, OBAMA's ENTIRE "economics team" are INSANELY CORRUPT Goddamn-Sachs's INSIDERS - who have, over the years, 'earned' MILLIONS of dollars helping Goddamn-Sachs loot, swindle, and defraud American consumers out of billions (upon trillions) of dollars.
Barack Obama IS IN BED with GENOCIDAL BANKERS... and has been for 2 years now, and he has INSTITUTIONALIZED the "BAILOUTS" with the Bankers not even having to go to Congress to print themselves hundreds of billions of dollars (trillions) which deflate the savings and paychecks of ordinary Americans.
How Goldman gambled on starvationAs we've said before, Barack Obama, in his arrogance and insularity (George W. Bushian "bubble boy" surrounded EXCLUSIVELY by Neo-Con economic sabotage swindlers, as Bush was surrounded by Enron Ken Lay, John Snow, Hank Paulson, etc.), is NOT an example of "progress" - he is a REVERSION to the SLAVE TRADING KINGS of Africa, selling slaves by the millions to European slavers, in exchange for the wealth (gold) and manufactured goods (guns, sugar, rum, etc.) that those European merchants of death and misery traded in exchange for their cargos of human chattel.
Speculators set up a casino where the chips were the stomachs of millions. What does it say about our system that we can so casually inflict so much pain?
by Johann Hari, UKindependent.com
By now, you probably think your opinion of Goldman Sachs and its swarm of Wall Street allies has rock-bottomed at raw loathing. You're wrong. There's more. It turns out that the most destructive of all their recent acts has barely been discussed at all. Here's the rest. This is the story of how some of the richest people in the world – Goldman, Deutsche Bank, the traders at Merrill Lynch, and more – have caused the starvation of some of the poorest people in the world.
It starts with an apparent mystery. At the end of 2006, food prices across the world started to rise, suddenly and stratospherically. Within a year, the price of wheat had shot up by 80 per cent, maize by 90 per cent, rice by 320 per cent. In a global jolt of hunger, 200 million people – mostly children – couldn't afford to get food any more, and sank into malnutrition or starvation. There were riots in more than 30 countries, and at least one government was violently overthrown. Then, in spring 2008, prices just as mysteriously fell back to their previous level. Jean Ziegler, the UN Special Rapporteur on the Right to Food, calls it "a silent mass murder", entirely due to "man-made actions." (cont'd)
below, a more colorful chart of Bernanke's "FREE BILLIONS" $$ for his GS/JPM pals:
|Bernanke's FREE MONEY... BY THE TRILLIONs$$ -|
for his GS/JPM genocidal bankster friends
update: Carol Baum, of Bloomberg News, and Mike "Mish" Shedlock, of the Global Economic Trend Analysis blog, and here writing for Neo-Con lite BusinessInsider.com, dissect the INSANITY of Barack Obama's ROBERT RUBIN and LARRY SUMMERS designed "economic policy" -
- GIVE TRILLIONS of taxpayer obligated 'free money' FIAT DOLLARS to the Big Banksters (member/owner banks of the 'Federal Reserve' very private banking cartel), and expect that "TRICKLE DOWN" will boost American employment numbers, increase the output and production of the American economy!
Mike Shedlock commentary catches the essence of Carol Baum's Bloomberg report:
"In Get a Model, Plug in Guesses, Cure Unemployment, Bloomberg's Caroline Baum takes a look at Fed Vice Chair Janet Yellen's statements regarding the alleged creation of 3.5 million jobs. Here are a few snips."Carol Baum's original article (in Bloomberg News):
FED GLOMS ON TO Obama's 'Jobs Created' FANTASYBloomberg's Caroline Baum continues:
Just when you thought you’d heard the last of “jobs created or saved,” the Obama administration’s quarterly report card on its $814 billion fiscal stimulus, along comes the Federal Reserve with its own model-derived guesstimates [of "jobs created or saved."]
The Fed’s full menu of securities purchases [note: "SECURITIES PURCHASE" is Fed code-speak for GIVING BILLIONS upon trillions $$ of taxpayer obligated dollars TO BANKERS] starting with $1.7 trillion of Treasuries, agency and mortgage-backed bonds in late 2008 and 2009 and including the current $600 billion of intermediate- and long-term Treasuries, “will have raised private payroll employment by about 3 million jobs,” said Fed Vice Chairman Janet Yellen.
You’d think unemployed and underemployed workers would be ecstatic. [sarcasm!] Instead, 46.8 percent of consumers surveyed by the Conference Board said jobs were “hard to get” in December, down slightly from the peak reading of 49.4 percent in 2009.
With fiscal policy saving or creating 3.5 million jobs and monetary policy manufacturing another 3 million, why, the U.S. could be at full employment in no time! [outright SNARK!]
The economy [actually] lost 8.5 million private-sector jobs from December 2007 to December 2009, recouping [only] 1.3 million since then, according to the Bureau of Labor Statistics.
[Fed Vice Chair Janet] Yellen’s projections, presented at the Allied Social Science Association’s annual meeting in Denver last weekend, are based on simulations performed by the Fed’s macroeconomic model , known as FRB/US, not real jobs.
BARACK OBAMA is a radical Right-Wing "TRICKLE DOWN" Kool-Aid drinker!
He is using economic reports that are created out of thin air, understating inflation, overstating "jobs created" or "saved," and of course doing anything but examining just how many trillions of "bailouts" dollars he and the "Democrat" Congress have given to his GS/JPM bankster "campaign donation" pals.
Fed Vice Chair Janet Yellen is a paid, private banker PROPAGANDA shill, HER job is to MINIMIZE as much as possible the MILLIONS of unemployed Americans, as the Fed member/owner banks continue to STEAL TRILLIONS of dollars out of the American economy, by simply printing dollars (the Fed's unconstitutional "money creation" power) that now compete with the dollars Americans already hold in savings, or receive in the form of ever diminishing (value) paychecks or pension payments.
Had the President and the insanely corrupt "Democratic" Party spent the past 2 years using the TRILLIONS of dollars GIVEN to bankers in the form of "bailouts," instead as DIRECT SPENDING on American infrastructure, beefing up Social Security, or on direct expenditures to America's top-heavy health care system - WITHOUT the bankers taking their now obligatory 100% cut of every government spending dollar disbursement (see our previous post on how JP Morgan operates the Food Stamps program, taking a dollar for every dollar in Food Stamps issued), then America could have seen FULL EMPLOYMENT within a dozen months.
(This is actually the model - direct government purchases of goods and services - of America's WAR and military SPENDING.... but of course money spent on bullets and bombs dropped on victims of America's overseas wars, don't improve the American economy or infrastructure, except for those few who get those WAR PROFITEERING jobs.)
READ IT AND WEEP: BEFORE the RUBIN, SUMMERS, EMANUEL insatiably greedy Goddamn-Sachs crew completely STOLE and neutered the "Change!" that Americans thought they had voted for in November 2008, former RNC Chair Haley Barbour was quoted by Huffington Post in January 2009 as saying:
"Republicans Must Realize They Don't Run The Show"!!
The treacherous Rubin-Summers-Emanual-GoddamnSachs crew have NEUTERED the "Democratic" Party in two years flat (on their way to WRECKING the U.S. and world economies!)