The Obama Goldman Rothschild Update - The Trillionaire Puppet Masters at Work

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First Published September 24, 2009

The Obama Goldman Rothschild Update - The Trillionaire Puppet Masters at Work

The deeper we dig into the world economic chaos the clearer the picture becomes that what has happened the past two years in the international economic meltdown could be a strategic move to solidify control of the US and world economies. For three years this paper has projected market manipulations underway that resulted in the near collapse of world economies. From the sub-prime mortgages to oil and commodity price manipulations, swaps and derivatives to a credit crash, a cascading series of unlikely events sent the world to the brink of economic disaster.

In the process regulatory agencies were proven to be toothless when it came to enforcement, Congress was inept in identifying problems or solutions, hundreds of millions of dollars were poured into political campaigns from Obama to our congressional leaders while behind the scenes the puppet masters were busy carrying out the script. This week the long awaited bank stress test results were released and surprise, surprise, JP Morgan and Goldman Sachs continue to separate themselves from the rest of the world.

The world economy may have been on the precipice of disaster but these two companies benefited in ways it will take years to assess and one has to wonder why? If you followed the series of articles in the Coltons Point Times you would have known. You can see the index of the Economic articles in the recent past at the Coltons Point Times http://coltonspointtimes.blogspot.com/ .

House of Rothschild Family Crest

Let's examine where we are today. First, the Rothschilds control JP Morgan as they have for most of the past century along with an astounding number of major banks, brokers and corporations around the world. Then it is no surprise that in terms of the Market Cap on investment banking institutions in America JP Morgan stands alone with over $130 billion. They along with Goldman also had the highest ratings in the bank stress test and do not need any additional capital.

Behind Morgan comes Wells Fargo $99.16 billion (Warren Buffett is a substantial investor), Bank of America $69.39 billion but dropping, and Goldman Sachs at $64.37 billion (Warren Buffett is also a savior of that bank). Bank of America was the worst of all banks but not bad all the same and Wells does need to raise some capital.

How about the stock prices the past year. JP Morgan lost 27.8% of value, Goldman Sachs lost 31.6% of value and Wells Fargo lost 22.5% of value. All outperformed the markets which are still down about 40-42%. In the banking sector Bank of America lost 73.6% of value and Citigroup lost 87.3% of value. Most important, since Obama got elected our golden boys JP Morgan and Goldman both more than doubled in value to lead the economic rebound.

During the past year virtually all the competition to the golden buys disappeared, Bear Stearns, Merrill Lynch and Lehman Brothers were wiped out, companies that were founded in 1923, 1914 and 1850. All other major competitors were left broken like Bank of America and Citigroup.

Goldman probably owes it's survival to the fact it has long served as a front or partner with JP Morgan, meaning the Rothschild empire, just as the JP Morgan company survived by being a front for the Rothschild family. While Morgan has a market cap of over $130 billion, the Rothschild fortune is estimated to be as high as $200 trillion, not billion. That is more than the annual budgets of every nation on earth, actually more than every nation's budget on earth combined. The largest budget by far is the USA at $3.44 trillion with $11.2 trillion in debt, pocket change to the Rothschild family.

If the Rothschilds are the puppet masters of the world Goldman is their star puppet being in the forefront of every major financial catastrophe in recent history and benefiting each time. They secretly backed Obama well before he was a candidate for President and have been getting dividends on their investment ever since.

Both Morgan and Goldman got billions in bank bail out money from the last Administration, approved by Congress and approved by Senator Obama. Neither needed or ever used it. Since becoming President Obama gave billions to bail out AIG and AIG turned around and paid off billions in debt owed to Morgan and Goldman. How do these things happen under the very nose of Congress and federal regulators?

Look at the record of where former Goldman executives have settled. Here is just a partial list and it makes you wonder if Goldman Sachs is controlling Wall Street and Washington?

Henry H. Fowler - 58th United States Treasury Secretary (1965-1969)

Robert Rubin - Former United States Treasury Secretary, ex-Chairman of Citigroup.

Henry Paulson - Former United States Treasury Secretary.

Edward Lampert- Hedge Fund Manager of ESL Investments. Brought K-Mart out of Bankruptcy in 2003

Joshua Bolten - former White House Chief of Staff

Erin Burnett - CNBC Host

Jon Corzine - Governor of the State of New Jersey.

Michael Cohrs - Head of Global Banking at Deutsche Bank

Emanuel Derman - Author of My Life as a Quant and co-developer of the Black-Derman-Toy

model

Jim Cramer - founder of TheStreet.com, best selling author, and host of Mad Money on CNBC

Ashwin Navin - President and co-founder of BitTorrent, Inc.

Abby Joseph Cohen - Perma-bull market forecaster formerly of Drexel Burnham Lambert

George Herbert Walker IV - member of the Bush family and current managing director at Neuberger Berman

Robert Zoellick - Uniteed States Trade Representative (2001-2005), Deputy Secretary of State (2005-2006), World Bank President.

Mark Carney - Current Governor of the Bank of Canada

Michael D. Fascitelli - President & Trustee of Vornado Realty Trust

Neel Kashkari - Assistant Secretary of the Treasury for Financial Stability

Charlie Haas - Wrestler, who is working for World Wreestling Entertainment

Malcolm Turnbull - Australian politician, currently the federal leader of the Liberal Party of Australia

John Thain - former Chairman and CEO, Merrill Lynch, and former chairman of the NYSE.
Thain was replaced at the NYSE by Goldman veteran Duncan Niederauer.

Robert Steel - Chairman and President, Wachovia Bank.

Reuben Jeffery III, Under Secretary of State for Economic, Business and Agricultural Affairs (2007-)

Romano Prodi, Prime Minister of Italy twice (1996-1998 and 2006-2008) and President of the European Commission (1999-2004)

Mario Draghi, governor of the Bank of Italy (2006- )

Massimo Tononi, Italian deputy treasury chief (2006-2008)

Goldman just hired former Barney Frank staffer Michael Paese to be top Washington lobbyist.
This position was formerly held by Mark Patterson, the current chief of staff at the Treasury.

Tim Geithner, Obama Secretary of Treasury was mentored by Gerald Corrigan, a former New York Fed president and current partner and managing director of the Office of the Chairman of Goldman Sachs. Geithner’s replacement as president of the New York Fed, William C. Dudley, is also a former Goldman executive

Ed Liddy, who the government appointed as CEO of AIG was Goldman’s vice chairman

Akshaya Prasad has left Goldman's and joined investment company Greater Pacific Capital as co-head of their Indian business.

Of course these high-level appointments are probably just coincidental. Just as it was probably coincidental that on September 15, 2008, then New York Fed president Tim Geithner pressed for AIG’s biggest counterparty, Goldman Sachs, to help the insurer raise capital after it became clear that AIG was at risk of going bankrupt. And that on the same day Goldman’s current CEO, Lloyd Blankfein, was at the New York Fed. And that Goldman ended up in receipt of about $12 billion in tax dollars thanks to AIG’s wholesale credit-default swap and after the government bail out.

Just today we learned that the chairman of the Federal Reserve Bank of New York, Stephen J. Friedman, abruptly resigned on Thursday, days after the Wall Street Journal raised questions about his ties to his former employer, Goldman Sachs.

Mr. Friedman, who led or co-led Goldman from 1990 until 1994 and remains a director, was chairman of the New York Fed at the same time. He also held a substantial stake in the firm as the Federal Reserve drew up plans to keep Wall Street’s banks afloat.

Because the New York Fed approved a request by Goldman to become a bank holding company, the chairman’s involvement in Goldman was a violation of Fed policy, The Wall Street Journal reported. The New York Fed had asked for a waiver, which, after about two and a half months, the Fed granted, the newspaper said. During that time, Mr. Friedman bought 37,300 more Goldman shares, which have since risen $1.7 million in value.

In fact the control of the Rothschilds and Goldman are so complex the following is a chart tracking some of the Goldman connections.

As the world economy improves which it must for the golden boys to benefit maybe you should look carefully at our politicians and Wall Street executives and look closely for the puppet strings from the real Master.
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Obama puts Democrats at risk with another Keystone Pipeline delay

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Say no to jobs, energy independence, new tax revenues and lower gasoline

Evidence seems to be building that President Obama is drifting farther and farther away from reality with his sometimes bizarre policy actions.  This time more Democrats up for re-election are going to find it tougher thanks to another weird action by the president.

As we should all know by now, Obama has been opposed to the Keystone natural gas pipeline ever since Sarah Palin challenged him to "drill baby drill" in the 2008 campaign.  His campaign did a reasonable job of trashing Palin as he got about 6% more than McKain-Palin.

However, no sooner had he become president than pressure started building for the Keystone pipeline to be built in order to break the oil cartel stranglehold on the American energy market.

In spite of non-stop opposition to the energy independence movement by the Obama administration, Sarah Palin's call to action was heard and the states started authorizing oil production using the fracking technique.  The success was amazing and showed that a concerted energy production policy between the US and Canada could bring millions of more American produced oil to the market from the Canadian shale oil deposits.

To the embarrassment and insult of the Canadians Obama continued to see the world through rose covered glasses, or was it fog covered, by delaying Keystone at every turn.  All the while the rest of America including Obama's own base like unions, Harry Reid, Bill Clinton and even the Oracle of Omaha Warren Buffett, a crucial Obama supporter, supported building the pipeline in the interests of American energy independence.

When a bi-partisan Senate vote supported it in the middle of the bitter partisanship that has paralyzed congress since Obama took office and then his own State Department review found no objections Obama was left standing alone in opposition.  True to his strategic principles Obama again ordered a delay until after the mid-term elections in November.

The Democrats were shocked, the ones running for re-election were sabotaged, the ones financing elections were appalled and the American consumer, and voter, will be outraged as gasoline prices continue to rise because we are not energy independent and because Obama has continued to ignore Sarah Palin and her cry to "drill baby drill".

Since taking office Obama has confirmed early predictions that his lack of experience in public office would haunt him and his refusal to recruit seasoned staff with government experience, opting instead for political cronies, would cripple his effectiveness.  Add to that his superior attitude and cerebral facade and he was destined for trouble.

It became obvious when he could not get a budget passed, did not adopt all the social reforms he promised the first two years when the Democrats controlled the House, the Senate and the presidency, a tragic strategic blunder and did not have a clue on how to communicate with congress.

Such shortcomings have been reinforced with his "line in the sand" empty threats to Iran, Syria and now Russia, Obama foreign policy actions that have baffled our allies around the world and cemented the perception that not only is America weak under Obama, but we don't even have the will to back up his somewhat meager threats to other countries.

The paper tiger, the boy that cried wolf, call it what you like but the one thing Obama has been consistent at is a policy as solid as quicksand with a foundation of genuine made in the USA jello.

The failure of Obama to see the light on the Keystone pipeline is just another notch in the belt solidifying his reputation, merited or not, of embracing inertia to avoid the danger of making a mistake.  In the old west that might be called gutless, today clueless and tomorrow hopeless in terms of the impact on our future.

By the way, have you noticed how the news media has stopped talking about the terrible Republicans, the liberal news media?  Could it be reality is catching up with them?

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Busted - The Millions in the Billion Dollar Bracket

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With a huge sigh of relief the Buffett boys and their insurance companies escaped paying out a billion dollars for a perfect NCAA bracket and the end came astoundingly fast.  Before the first round of 64 was over the 15 million entries were through, finished, done, busted.

For all the excitement the end came just 25 games into the 32 first round games.  Not a single entry made it through the first round.

According to contest officials, when Memphis beat George Washington in the 25th game it was over.

Can the Gators be stopped?

So whether the odds were 1 in 128 billion or 1 in 9.2 quintillion it didn't really make any difference how many zeros were added, no one was going home with the goods.
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March Madness Triggers END of DAYS for Pools

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Day 1 of March Madness and already heart attacks have tripled, divorces are certain to skyrocket, liquor sales have doubled and David not only knocked the Hell out of Goliath but also out of about 99% of all the people expecting to win the Buffett Billion Dollar Pool and thousands of other pools requiring perfection.

Remember these names, Dayton, Harvard and North Dakota State, they are the villains who stopped you from landing on Easy Street for the rest of your lives.  In a matter of about two hours 99% of the millions in pools around the nation were stopped dead in terms of achieving the perfect bracket so you all can now sit back and enjoy some of the best, most unpredictable basketball in modern NCAA history.

Here is an AP story that says it all.

NCAA upsets crush bracket hopes

By JOHN MARSHALL (AP Basketball Writer) 12 hours ago AP - Sports

SAN DIEGO (AP) — So you were confident in your bracket, hoping to win the office pool, maybe get lucky and take down that $1 billion prize Warren Buffett is offering for a perfect run of picks.

One game in and ... done.

Way to go, Dayton.

Thanks for piling on, Harvard.

And North Dakota State — you've got to be kidding.

The first full day of the NCAA tournament got off to what has become its usual scream-at-the-TV start on Thursday, opening with three upsets that sent a wave of crumpled brackets — at least 95 percent missed at least one game before the tournament was 12 hours old — flying from Buffalo to San Diego. By the end of the night, fewer than 1 percent of brackets remained unblemished in contests by ESPN and CBSSports.com.

"Being bounced from the billion THAT early definitely made me feel some type of way," said Marcus Arman of Portland, Ore. "I can tell you this: I will not be supporting the city of Dayton in any shape, form or fashion so long as my foam finger still points upward."

Dayton, the No. 11 seed in the South Regional, got it started in the first game of the 64-team bracket, knocking off sixth-seeded Ohio State 60-59 in Buffalo, N.Y.

A few hours later, No. 12 East seed Harvard had its David-vs-Goliath thing working for the second straight year, taking down fifth-seeded Cincinnati 61-57 in Spokane, Wash.

Two upsets, and almost everyone shooting for perfection was eliminated before they got home from work.

North Dakota State, No. 12 in the West, finished off the day of dead pools by outlasting fifth-seeded Oklahoma 80-75 in Spokane's second upset of the day.

Thanks for playing everyone.

With Dayton's win, about 83 percent of the brackets in Yahoo's Tourney Pick 'Em game were one and done, perfection flushed in 40 minutes. Wins by Harvard and North Dakota State only figured to add to the number of disappointed would-be billionaires once the official numbers were released.

It was a 9.2 quintillion-to-1 pipe dream to begin with, and Buffett has to like his chances even more now.
"Yesssssssssss HARVARD!!!!!!! Messing up a lot of peoples chances at $1 billion lol," former Harvard and current Houston Rockets guard Jeremy Lin said on Twitter.

At CBSSports.com, Dayton took out 81 percent of the poolers in the bracket challenge. By the time the Bison roamed over the Sooners in the evening, 0.4 percent of the brackets were still perfect.

Of the 11 million brackets in ESPN's Tournament Challenge, over 80 percent had Ohio State advancing to the next round. That's about 8.8 million brackets with a blemish after one game.

And to the 2.2 percent that had the Buckeyes going all the way to the Final Four: Oops!

Through 12 games, there were 41,315 perfect brackets out of the original 11 million — or about 0.3 percent.

This, of course, is nothing new.

We are in the era of upsets, where seedings and status have little bearing on the bracket.

A year ago, not a single person of the 11 million who entered on ESPN's website was perfect after a first day filled with upsets. Just four got 15 out of 16 right.

By now, we've learned that Cinderella's carriage doesn't turn into a pumpkin once the NCAA tournament starts. It becomes a Formula One car racing through the bracket — and it may be moving at an even faster pace this year.
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AP Sports Writer Jon Krawczynski in Minneapolis contributed to this story. 
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The Scoopala on the Hoopala - March Madness is Here!!!

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At long last the college basketball season is over and the conference tournaments have left more questions than answers so it must be time for March Madness when men become boys watching the boys become men playing.

Thank God for sports in America and the Super Bowl, Rose Bowl, Orange Bowl, March Madness, World Series and every other athletic showcase that separates the best from the rest.

If we had to live only with the news, politics and current events the suicide rate would be ten times higher in America, the gambling industry would be dead, and guys would have so much more time to spend with their girls the divorce rate would probably double.

Think of the economic impact from sports.  Billions spent in pools, billions more spent on booze, and for the first time we will know the economic impact when potheads try to keep up with the high speed boys in shorts.  We can actually measure the economic impact in Colorado (where it is legal) and also poll the fans to see how many even realize the University of Colorado is in the tournament.

"Hey man, what the hell is a Buffalo doing running up and down the court?  I thought we were watching B-ball not National Geographic."

This will also be the first time in history we have a billion dollar pool thanks to The Sage of Omaha Warren Buffett and speaking of Omaha the Creighton Blue Jays are also in the tourney along with player of the year candidate Doug McDermott.

The last two national champions, Kentucky intra-state rivals the Louisville Cardinals and the University of Kentucky Wildcats are in the same bracket and will have to play in the third round, long before the championship game.

One of the #1 seeds, the University of Arizona, is my alma mater where I played on the Wildcats team long ago and should have a good shot at winning it all but the field is well balanced and any number of teams could win.

From now until April 7 we can forget about the world and join our families and friends in one of the greatest reality shows in the world, the NCAA Basketball championships.  These kids have spent their entire lives working for this moment.

Most world and national championships like the Super Bowl, World Series, World Cup and even the Olympics give the players multiple chances to win since they can always qualify the next year but once your college career is over there will never be another chance to win in your lifetime.

Of course the cheerleaders add glamour and energy to the proceedings and it is their only moment in the national spotlight as well.  Come to think of it there should be a contest for the best cheerleading squad as well.

So here is some of the scoopala...

Watch Doug McDermott of Creighton, the smoothest shooter in the nation, continue to set records.

Will the only unbeaten team in America, Wichita State, survive?  They have to get past Kentucky, St. Louis and Louisville in the first three rounds.

Can #1 Florida keep it up after escaping a loss to Kentucky in the last second of their last game?

What conference will win the most games?  What conferences may not exist next year?

Will there be a Cinderella team this year (San Diego State?)?

Which teams will self-destruct in the closing minutes when a player forgets the team and seeks individual glory?

What better way to end the Winter of our discontent than letting your globes get glued to the radiation generator screen and cheering for the underdogs.  Move over Putin, we got better things to worry about.

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Obamaville January 25 - The State of the Union

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 No Debt or Deficit?

President Obama finally took the spotlight from the Republican debates with his third State of the Union address to the nation last night.  Once again he proved that he is a master of the teleprompter and his Harvard delivery is intact.

Our often time ethereal president softened his political attacks for the moment and changed his rhetoric about the decline and fall of our empire.  Seems his aides have finally figured out Jimmy Carter negativism does not help one get re-elected.

On the other hand, the vision he outlined for America was not real clear.  One thing about politics and politicians, there is a fine line between working up a head of steam and being lost in a fog.  On the surface they look almost the same but in truth they are opposites.  It is often hard to determine which role Obama plays.

As I predicted, his economic plan was based on the Buffett principle, not proven economic strategies or techniques.  I was a little disappointed Obama had Warren Buffett's secretary in the President's box and not Warren Buffett himself but rumor has it he was busy playing his ukulele in China.

After three years in office and with little to say in terms of accomplishments on the issues of most concern to Americans, like protecting Social Security and Medicare, slashing the $15 trillion national debt, cutting the trillion dollar annual deficit, or reducing the high unemployment rate, one must embrace the ethereal to avoid the real.

There were no new or even old proposals to address any of these issues but he did offer an unusual assessment of how he had turned around all our economic problems in what must be some Harvard Business School secret code because I did not understand it.  Obama said:

"In the six months before I took office, we lost nearly four million jobs. And we lost another four million before our policies were in full effect.

Those are the facts. But so are these. In the last 22 months, businesses have created more than three million jobs."

Now I realize my handicap in being from the Midwest yet I still have not figured out how losing 8 million jobs as he said, then gaining 3 million jobs as he said, which leaves us 5 million short of where we started, is a sign we have recovered from our economic problems.

He also offered some curious proposal on how he would help the millions of people who are in housing foreclose because they could not afford what they bought because of fraud in the first place, or they lost their jobs.  Some unfortunate folks have lived in homes up to two years or more without making payments.

Rather than help them move to homes they can afford, he wants Uncle Sugar to pay billions of dollars to keep them in the homes they can't afford.  Well, that means those that have made their payments and met their obligations will have to fork over even more money to subsidize those living beyond their means.

I thought the people subsidizing those who lived beyond their means was a discussion of the difference between taxpayers and politicians like the president and congress.  So I guess since we have done such a good job of subsidizing the runaway national debt of our politicians we now must pay off the mortgages for those who can't afford the homes to begin with.  I think these are the types of proposals that cause polarization.

One thing did change in his speech.  He used to define the rich at first as those making $200,000 a year, then $250,000 a year, then $1 million a year, and now it is not clear if he says the enemy are millionaires or billionaires.  We only know it is not Warren Buffett's secretary.

The fuzzy math of the White House policy was apparent also in terms of defense spending and cuts.  In his speech he said:

"That's why, working with our military leaders, I have proposed a new defense strategy that ensures we maintain the finest military in the world, while saving nearly half a trillion dollars in our budget."

And he said:

"Take the money we're no longer spending at war, use half of it to pay down our debt, and use the rest to do some nation-building right here at home."

Now that sounds great but does it really mean what he said?  The failure of Congress to pass any kind of deficit reduction plan last November automatically triggered a forced budget reduction calling for cutting $1.2 trillion over the next ten years, 2013 through 2022.  Of that, about $492 billion must come from the defense department.

Wait, Obama said he and his generals worked out a half a trillion dollars in defense savings.  What he forgot to say was he had no choice.  The failure of congress and the president to pass a budget or address the deficit and debt automatically triggered the cuts, no matter what Obama and the generals had to say about it.

That is not all.  The Obama deficit is now running over $1.3 trillion a year.  Our total defense budget is about $1 trillion a year.  Does that mean we are cutting 50% of our defense budget to lower the deficit, as he seems to suggest in the speech, without sacrificing our defense capability?  That would be great but is not true.

The half a trillion in defense cuts he proudly exclaimed are over ten years, not one.  That means a cut of $50 billion a year in defense, not half a trillion.  But even that is based on a foundation of quicksand.  What it really means is the government will reduce future increases in defense spending by $50 billion a year so our actual defense budget will go up while we are cutting half a trillion dollars.

Remember, he also said half of the cuts will go to reduce the deficit.  That means $25 billion a year will go to deficit or budget reductions.  Our annual deficit is now $1.3 trillion.  It does not even make a small dent in the annual deficit.  More than that, we still have the national debt of $15 trillion.  Did he forget what got us into this mess in the first place?

If that is modern math Pythagoras would be turning over in his grave and declaring it is time for an end to the American Empire because we are so caught up in our falsehoods, misrepresentations and distortions we can no longer tell the difference between having a head of steam or being lost in the fog.

Rome burned while Nero fiddled.  Let's hope Obama doesn't take up the ukulele like Buffett and pluck away while America goes up in flames.

Will someone out there please help the people strengthen Social Security and Medicare, reduce the national debt, cut the annual budget deficit, get people back to work, and then get out of our lives thank you very much.

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