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Goldman Fraud explained
Published: 20 April, 2010, 12:20
Edited: 22 April, 2010, 13:38
Goldman Sachs is charged with fraud, for assembling and selling a financial product that it knew to be flawed. A product which, in fact, it intended to be flawed, so that it could bet against it.
Part 2 The bankers knew that this loan was going to go bad, but that didn’t matter because that was part of the plan. Then they took those $750.000 house as collateral, put it in some kind of mortgage backed fund and then bedded 100 time more so it would be $75 million and when the price of real estate went up, they got astronomical profits which was taken out of US and hidden in the Cayman Islands banks without any banking record in the official banking books. Then when the prices of the real estate started falling, they created an astronomical loses. Their plan was to bankrupt the USA then come back and buy everything on the cheap with the profit which they made earlier when the prices went up. But what happened was the rest of the banking World said enough of this crime and theft and they said no, you cannot cash in on those money because that was created from fraud. And that’s how the World economic crises was orchestrated in 2008. When Obama took the office they refloated the bubble which was created during this fraudulent banking scheme which amounted to $4 quadrillion dollars, by which these guys are broken to the core and mortally wounded because everything that they printed on their money printing machines since 1913 it wouldn’t amount to that much. Simply they are broke. The international banking cartel which had a total control of the World banking system for the past centuries is finally out of the game and they did it to themselves. Thanks God for that. Adios Amigos.
ECONOMIC TEROROSM and involvement of Goldman Sachs Part 1 George Soros and the cronies of The Federal Reserve of US have been engaged in Economic Terrorism ever since its unconstitutional conception in 1913, (exclusive right to own money printing machines). This is what happened with the latest World economic collapse which left many people around the World devastated: when Bill Clinton was a President in USA, him and Alan Greenspan, (the Chairman of the Board of Governors of the Federal Reserve System), secretly passed a law allowing 100 time leverage, which means prior to this Law if you bought a $100.000 future contract, you had to have $10.000 real dollars, but with this new Secret Law you only needed to have a $1000 to borrow $100.000 which makes it much, much more high risk high return. The intention with this very high risk law was, for example, in California the banks were lending money to an illegal Mexican worker who was earning $12.000 per year, they gave him a loan to buy a house worth of $750.000 and he didn’t have to start re-paying money on his borrowings for the first five years, because he wouldn’t have them anyway.
Nothing to explain,if you have one brain cell working,it is GREED,The joys of democracy,accumulation of wealth,the masses they just fodder in these humans eyes.The irony is the other pathetic humans who govern us,these pathetic charaters are just as guilty as the ones who have greed as they sole purpose of living.well they impotence,and inability ,or just servents to the financial institutions,and as servents they know their limitaions in life.