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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How to lose a war - Iraq again in flames 11 years after US Invasion

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This is not Obama's year for foreign policy successes nor is it the legacy former Secretary of State Hillary Clinton wanted as the top Obama official when policy decisions were made to leave Iraq and Afghanistan.

Yet today, with lightning speed, the Sunni Al-Qaeda's uprising as it sweeps across Iraq and recaptures the very areas lost in the war presents the dark dilemma that everything America did from spending $2 trillion over 11 years and having almost 4,400 Americans die in Iraq and over 32,000 wounded, was for naught.

Two and one half years after American troops left, the current prime minister, Nouri al-Maliki, a member of the Shia Muslim faction, wants the Americans to come back as his country crumbles around him.

The war has killed at least 134,000 Iraqi civilians and may have contributed to the deaths of as many as four times that number, according to the Costs of War Project by the Watson Institute for International Studies at Brown University.

When security forces, insurgents, journalists and humanitarian workers were included, the war's death toll rose to an estimated 176,000 to 189,000, the study said.

The report, the work of about 30 academics and experts, was published in advance of the 10th anniversary of the U.S.-led invasion of Iraq on March 19, 2003.

What can we expect if Iraq falls to the Sunni Al-Qaeda uprising?  Mass murders, even genocide as the Sunni take revenge from the Shia.  A return to strict human rights violations as women will be stripped of all rights and children will be raised to be terrorists if the past is any indication.

The radical Sunni and Al-Qaeda coalition will be forming the largest geographic Sunni controlled area in the Mideast to include Syria, Iran and Iraq, and will be a direct threat to destroy the remaining American allies in the Middle East.  The Sunni can also be expected to wage war on the Christians remaining in the region and to threaten to obliterate Israel.

Newspaper headlines from around the world say it all.

U.S. aid 'spawning new breed of jihadists'

Fighting in North Iraq to Delay Return of Region Oil Exports

Timeline - How al-Qaeda regained its hold in Iraq

A spent force five years ago, the Sunni militant group is now stronger than ever

After Mosul - If jihadists control Iraq, blame Nouri al-Maliki, not the United States.

Iraq on the brink of civil war

Iraq: Al-Qaida-inspired militants capture Tikrit; 500,000 flee Mosul

Al-Qaeda's uprising in northern Iraq comes five years after had been all but defeated as a result of the US troop "surge". Former Telegraph Iraq correspondent charts the key points in its rebirth

By Colin Freeman

2007-2008

After two years of Sunni-Shia civil war, US troops mount a "surge" designed to quell the violence. Among its strategies is turning Iraq's Sunni community against their former allies in al-Qaeda, with whom they had united to fight the US occupation and the US-backed, Shia-dominated Iraqi government. The strategy succeeds and al-Qaeda finds itself largely defeated in Iraq.

2010

New elections in Iraq sow the seeds of future disconent. Iraqiyya, a secular and religiously mixed bloc led by Ayad Allawi, a former British exile, win a narrow majority votes, but the Shia bloc run by current prime minister, Nouri al-Maliki, wins power after forming a governing coalitiion with Iranian help. Rather than handing key security positions to his opponents as promised, Mr Maliki concentrates power in his own hands, alienating the Sunni community.

December 2011

Mr Maliki issues an arrest warrant for Tariq al-Hashemi, Iraq's Sunni vice-president, who flees abroad. The government claims Mr Hashemi has been using his bodyguards for terrorism campaigns, but Iraq's Sunnis see it as a sectarian smear campaign against his political rivals. Mr Maliki is also accused of replacing competent military leaders who had worked with the Americans with political cronies, undermining the military's strength at the very time when the US is pulling out its forces.

Autumn 2012

Belatedly inspired by the Arab Spring movements in neighbouring countries, Sunnis around Iraq begin a series of mass civil rights demonstrations, alleging that they are treated as second-class citizens by Mr Maliki's government. While their complaints get limited sympathy in the wider world - Sunnis, after all, enjoyed privileged lives during the reign of Saddam Hussein - Western diplomats in Baghdad concede that they have some grounds for complaint. In particular, the protesters allege harassment by the security forces and discrimination in getting government jobs.

December 2012

The arrest of Rafaie al-Esawi, a finance minister who is one of the last prominent Sunnis in government, galvanises the protests further. The growing sense of alienation with the government provides a ready source of new recruits to al-Qaeda, which has re-energised in western Iraq thanks to its campaign against President Bashar al-Assad in neighbouring Syria. While many Sunnis do not share al-Qaeda's extreme religious vision, they are willing to help it fight Mr Maliki's government.

April 2013

Iraqi government forces antagonise the Sunni community further when they attack a protest camp in the town of Hawijah in northern Iraq, killing 53 people. While the Iraqi government claims that the camp had become a haven for al-Qaeda militants, who had fired on them first, the raid on the camp prompts fighting that spills across northern Iraq. Gunmen briefly sieze one town from police and declare it to be "liberated" from government rule.

July 2013

The new joint Syrian-Iraqi al-Qaeda offshoot, known as the Islamic State of Iraq and al Shams (ISIS), gains a major coup when it breaks nearly 500 fellow militants from Abu Ghraib jail in Baghdad, supposedly the most secure jail in the country. Many rejoin their comrades' campaign.

December 2013

Human Rights Watch issues a report criticising the Iraqi government over the scale of its use of the death penalty, often in cases where confessions have been extracted by torture. A disproportionate number of those on death row appear to be Sunni insurgents.

January 2014

ISIS sends gunmen into the cities of Fallujah and Ramadi, west of Baghdad. The Iraqi army surrounds both cities but does not go for an all-out assault for fear of large civilian casaulties that would alienate locals still further. Five months later, both cities remain outside of Iraqi security forces' control.

June 2014

ISIS takes over the cities of Mosul and Tikrit, also threatening Baghdad. Five years from being all but vanquished, al-Qaeda's writ in Iraq is as strong, if not stronger, as it was before.

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How the Economy can End Obama Presidency

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Did the Chicago Gang Fail to Read the Tea Leaves?

It is really great when the political advisors to a president seem to have control of the presidential campaign like the Obama team from Chicago.  David Axelrod and David Plouffe control the campaign and control White House policy as it impacts on the campaign.

After all the broken promises from the first campaign like energy independence and stopping Iran's nuclear program they have adopted a new strategy for the 2012 re-election and it seems like it is based on a couple of guiding principles.

Obama economic and energy principles

"What - me worry?"

"No problem..."

You see, the most under-rated economic barometers of presidential performance by the media, as I have pointed out in numerous articles over the last six years, are the oil and gas prices in America.

Media Deception?

Many people have acknowledged the mainstream media favoritism toward President Obama which is well documented by both your eyes watching and listening to the news, and independent media watchdogs.

A couple of examples are appropriate as evidence.  First, there has been a lot of recent publicity about the success Obama is having with the economy.  And second, the media has stopped reporting on Brent Crude Oil on the international commodity futures market.

Why you might ask did they drop the media attention?  It is not good news for the president. In fact the less said by the media about commodity prices the better because none of the energy news is good for the president.  It might conflict with the happy face Obama appearing the bloob tube.

Here are the facts.

When Obama took office the price of gasoline was $1.85 a gallon.  Today it is over $3.64 a gallon and projected to rise as high as $5.00 a gallon this fall.

Light crude oil has gone from $30.28 a barrel when Obama took office to over $104.00 a barrel today.

Brent Crude, the item the media has stopped reporting and conveniently minimizes the impact of Middle East events on world oil prices, has gone from $35.27 a barrel when he got elected to over $121.88 today.  It may reach $150.00 a barrel this fall according to some experts.

Whether you use Obamanomics or legitimate accounting, the price of gas and oil has spiraled up in the Obama years and more than doubled gas prices and more than tripled oil prices.

But oil may also expose another weakness for Obama, because the Brent oil price also reflects the impact of events in the European zone such as the Greece debt problems or the Iranian oil cutoff.

In other words there can be failures in foreign policy like underestimating the Iranian response to sanctions Obama advocated, that can also impact on our domestic ec0nomy by driving up oil and gas prices.

Instability in the Middle East can have a dramatic and sustained impact on world oil and gas prices here in America.  When Iran cutoff oil to France and the UK this week Brent crude shot up again.  This will greatly aggravate the European recession and reduce USA sales to Europe.

The Obama team was hoping to keep attention off these economic and foreign policy failures with their long term economic impact but you really can't manipulate the financial markets or the knowledge of the American people.  They are reminded of the truth every time they fill the gas tank.

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Obamaville & GOP Primary Campaign

Obamaville January 17, 2012

With the presidential election just 9 1/2 months away and the South Carolina primary this weekend perhaps it is a good time to review the current state of affairs.

On the GOP side Romney is headed for the nomination although watch for Newt Gingrich, Rick Santorum, Rick Perry and Ron Paul to keep things lively for a few more primaries. None have a chance to catch Romney but the news networks are working overtime to keep them in the race both to damage Romney's position against Obama and to keep up the already rather dismal TV ratings.

Truth is Romney wins in South Carolina and Florida this month could end the contest.  No doubt Ron Paul will stay in, probably until the convention.  While Obama campaign leaders want Romney to be bloodied by Paul and the others, me thinks the Chicago backroom boys are miscalculating the Paul impact.

Truth also is Ron Paul is not costing Romney votes.  Paul pulls the youth (Democrats) and Independents and those are the two groups that gave Obama his narrow win in 2008.  The longer Paul stays in the more votes he costs Obama and the general election is already too close to call.

At least the primaries so far have seen Romney withstand a withering and blistering stream of attacks from his opponents, the Obama thugs, the news media and the Democratic pit bulls.

Conventional wisdom from the Democratic pundits and news media is Romney can't win the conservatives or Christian right therefore he is the best opponent for the billion dollar kid, our President Obama.

Do they really think the conservatives or evangelicals could embrace Obama over a Republican after the three year on the job training record of Obama?  The Obama boys from Illinois may know what makes Chicago tick, I mean the last two governors of that state are in jail, but they do a very arrogant and horrible job of reading Joe Six Pack.

As if the economy alone, yes Obama's economy, is not enough to toss the gang out of the White House and Congress, and the billion dollars Obama will spend to get re-elected is not insulting to the whole concept of democracy and free elections, they have bigger problems than Romney.

When Obama took office in 2009 crude oil sold for $36.51 per barrel and the cost of a gallon of gasoline was $1.85.  Just three years after he took control of the economy the price of crude oil is now $101.56 a barrel and gasoline is $3.44 a gallon.  According to conventional math that is a 278% increase in crude oil and 186% increase in gasoline in just three years. Some management of the economy.

That means the price of not just gasoline but everything derived from oil like cosmetics, plastics, fertilizers, and thousands of other items people use every day will continue skyrocketing right up until election day.  We won't be better off under Obama, we will be broke.  Of course he can blame that on Congress but Obama doesn't even have an energy policy for independence that Congress can vote up or down.

So besides the lack of much of anything in the record of the Obama team, the still sputtering economy, and in spite of the billion dollar campaign war chest built up by Obama while he was supposed to be governing, what else could go wrong for him?

How about a Republican National Convention surprise?  One of two things could happen at the GOP convention that could radically alter the election in November.  If Romney wins the presidential nomination as expected he could pick either Chris Christie of New Jersey or Marco Rubio of Florida for Vice President.

Christie would not just solidify the conservative and social conservative vote but would energize them with his no holds barred campaign and governing style and it has been a long time since we have had a leader like Reagan not afraid to stand up and fight for the people.

Rubio would seriously erode Obama's need to maintain the Hispanic vote in order to win, and he would also pull the conservative, evangelical and Tea Party voters.  Yet another potential powerhouse ally for Romney, both Christie and Rubio would also appeal to a lot of Independents.

So in spite of what the Obama campaign says there may still be a lot of surprises ahead for the those who think the White House is for sale to the highest bidder.

Obama Fiddles, Congress Procrastinates and Rome Burns while Goldman, Morgan & the Rothschilds Reap Profits

It is early summer, one year since the oil price crisis nearly destroyed the world economy. Back then the Commodities Future Trading Commission (CFTC) disclosed a six month investigation of oil price manipulation was underway. A year later and the CFTC disclosed oil speculators controlled over 80% of all the oil derivatives contracts sold.

Goldman Sachs, JP Morgan, Citibank and Bank of America control the world derivatives market for major commodities. JP Morgan also controls the world gold futures market, which true insiders long considered a subsidiary of the Rothschilds, both the gold market and Morgan. So once again the boys on Wall Street have decided to drive up the prices.

Who really controls these markets? Take oil futures as an example. Successful manipulation would require control of several elements of the complex financial manipulation. These elements include being the recognized market expert or maker, having the funds to speculate in the market, and having the will to gamble by buying into the market. Goldman Sachs has played all three roles.

The research center of Goldman Sachs, the energy analysts and darlings of the media used a series of predictions last year to drive up the price of oil futures, revising the price predictions continuously until Goldman said oil would reach $200 a barrel. In spite of negative market forces and no justification for oil price increases the price spiraled to $147 a barrel.

Funds managed by Goldman provided the fuel to spark market activity while a wholly owned subsidiary of Goldman, J. Aron & Company, was the vehicle to buy and resell the oil futures contracts. Add to this the fact Goldman, and Morgan are major owners of the very oil futures market in London that sets prices and one wonders what the hell our government is covering up by refusing to attack the financial giants.

We know special interest money can buy a lot of influence in our nation's capitol but Obama and Pelosi are creating a whole new standard for proving the buying of politicians can be a most profitable investment. Look what happened when Goldman was about to lose $30 billion in loans to AIG for derivative purchases made by Goldman for AIG. Congress and the President gave AIG the biggest bailout in history and Goldman recovered 100% of the money owed it from the federal bailout.

Now bondholders and stockholders in Lehman Brothers, Bear Stearns, Fannie Mae, Freddie Mac, GM, Chrysler and a host of other companies certainly didn't recover 100% of their money and most lost all of their money. Why did Goldman and Morgan recover 100%? Ask our new president who long ago was taken in by Goldman executives at secret meetings in 2006 and 2007, whose employees gave Obama more Wall Street money than any other candidate and whose former employees are strategically placed throughout the new administration.

Goldman Sachs is the only financial company whose stock nearly tripled in value since Obama got elected. Goldman stock reached a low of $53.31 a share last November, by the March crash it climbed to $73.95 a share and today is over $150.00 a share, an astounding 281% increase in value.

Not even JP Morgan of the big four derivative traders achieved the same although Morgan was far ahead of most banking and investment houses. Morgan went from $23.38 when Obama was elected to a low of $15.90 in the March madness to $35.00 today, an increase of 49%.

Bank of America was at $11.47 last November, $3.14 in March and today is $11.98, a 4% increase leaving it slightly above where they started. Citigroup Chase was $3.77 in November, $1.02 in March and $3.41 today, a loss of about 10%.

The Obama Factor (since his election in November):

Goldman Sachs - 281% increase in value
JP Morgan - 49% increase in value
Bank of America - 4% increase in value
Citigroup Chase - 10% loss in value

Dow Jones - 16% increase since election in November
Oil Prices - 138% increase since December low
Home Values - 21% loss of value from a year ago
Gold prices - 33% increase since Obama election

Of course this is just the tip of the iceberg when it comes to master manipulating. There is the case of the 25-35 oil super tankers leased by oil producers and financial houses at a cost of about $63,000 a month each. These giant ships can carry up to 20 million barrels of oil per ship. If a ship was filled and parked in March the oil in that ship has already increased $700 million in value.

Then there is the potential for financial houses like Goldman and Morgan to use the information provided to them for due diligence by corporations seeking financing to call loans and options and virtually squeezing the distressed companies into bankruptcy. This gives them the opportunity to acquire the assets at fire sale prices like Morgan did with Bear Stearns and Goldman did with oil pipeline giant Semgroup.

Finally there is the potential conflict of interest I raised nearly three years ago of Goldman and Morgan being founders and major investors in ICE, the international company that now owns the London oil futures market.

One thing none of our illustrious politicians seem to be talking about is the long promised campaign reform to close all the loopholes in financing political campaigns. Nearly $1 million was poured into Obama's campaign by Goldman employees. Special interest money flowed at a record rate into all campaigns although some was disguised as individual contributions.

Obama shattered all records spending about $750 million while political parties and special interest groups spent a couple of hundred more million for his campaign, making him the first billion dollar candidate in our history. Apparently he raised so much money that the source of over $88.6 million cannot even be identified. To date and in spite of his promises, there has been no effort to introduce legislation to limit federal fund raising or to expose such massive unidentified contributions in future races.

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.