Goldman Sachs - The Secret Behind Sky-High Oil Prices
Keep in mind three things as you read this post...
- Goldman Sachs is not a Federal Reserve bank, but it is a central part of the Federal Reserve cartel. It is a “primary trader” in the U.S. Treasury securities market. When you pay taxes (all of which go to pay the U.S. national debt to the private banking cartel) your stolen money goes through Goldman Sachs.
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The Public Utility Holding Company Act (PUHCA) was passed in 1935 to prevent banks from owning every energy outlet in the USA. It said that only utlity companies could own utility-related businesses, because of the long history of past banking abuses. The law was needed after the Federal Reserve deliberately caused the Great Depression. The Depression allowed Fed-connected insiders (e.g. John D. Rockefeller) to buy everything for pennies. While everyone else was starving, Rockefeller increased his personal fortune thirty-fold (from $3 million to nearly $100 million in 1935 dollars). Rockefeller, you may recall, ordered the Colorado National Guard to machine-gun a crowd of striking miners, killing 45 people, 32 of them children. (See http://en.wikipedia.org/wiki/Ludlow_massacre)
On August 8, 2005, under heavy pressure from Goldman Sachs and the Federal Reserve, Congress repealed the PUHCA law. Now Goldman Sachs people sit on public utility boards, and the company owns public utilities outright. Goldman Sachs and the Federal Reserve have erased regulations that were enacted to protect us from agents such as Goldman Sachs and the Federal Reserve.
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One of the main reasons why oil and fuel prices are so high (other than price fixing by oil companies) is the frenzy and volatility of the oil futures and energy commodities market. The largest energy commodities trader in the world is Goldman Sachs. Indeed, Goldman Sachs is the largest oil company in the world, in terms of overall assets. Thus, Goldman Sachs is one of the main reasons why oil prices are so high. The high prices will soon force a new wave of corporate mergers and takeovers, which will be managed by none other than Goldman Sachs.
Let me repeat that.
Goldman Sachs is helping to push oil prices sky high, and is therefore making record profits. Soon $100-dollar-per-barrel oil will start to destroy U.S. companies, and Goldman Sachs will profit even more from the coming frenzy of mergers and acquisitions, which will be forced by Goldman Sachs.
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Goldman Sachs, one of the world’s largest global investment banks, says high fuel prices will soon lead to a new wave of mergers an acquisitions.
Among the first targets will be airlines.
Pardus Capital Management LP is a hedge fund that owns 7 million Delta shares and 5.6 million United shares. Pardus has called on the two companies to merge. Northwest is open to talks as well.
Despite the continual fall of U.S. wages and employment, Goldman Sachs says labor costs are soaring, and cost-cutting is needed.
FL Group, an Icelandic private equity group that owns 9.1 percent of American Airlines, has urged American to dump its frequent flyer program in order to increase the value of the FL Group’s stock.
“It doesn’t take a crystal ball to see that consolidation is on the horizon,” said Karen West of MSNBC. “It’s just a matter of when and how.”
Vaughn Cordle, CEO of Airline Forecasts in Washington says, “There are just too many airlines right now. If the high price of jet fuel continues, something else will have to give.”
That “something else” will be mergers, layoffs, and much higher airfares.
Because of the downturn after 9 /11, United, Delta, Northwest, US Airways, and America West declared bankruptcy. Over time, through layoffs and other means, the airlines became more efficient. In 2006, the airline industry posted its first profitable year since 2000. Now airline companies face losses and possible bankruptcy again because of high fuel prices. Therefore airline stockholders demand that the airlines boost profitability in other ways.
Vaughn Cordle of Airline Forecasts says every $10 increase in a barrel of crude oil translates to $3.4 billion in additional costs for the airline industry – costs that stockholders will not tolerate.
Goldman Sachs analyst Robert Barry wrote Thursday that, “All airline management teams and boards have been discussing consolidation for months if not longer.”
Ray Neidl of Calyon Securities said, “When the consolidation comes, it will be fast and furious. The industry is ripe for consolidation. We do not need six nationwide, full-service airlines.’’
Source:
http://www.msnbc.msn.com/id/21841153/
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Bush’s current Treasury Secretary, Henry Paulson, was a Goldman Sachs executive.
According to the company web site, the Goldman Sachs Foundation has given $94 million in grants since 1999, with the goal of promoting youth education worldwide. This is less than one percent of its U.S. earnings for 2006 ($9.54 billion). (That doesn’t count its global earnings.)
In 2005, taxpayers in the city and state of New York paid $1.6 billion to build Goldman Sachs’ new headquarters in Manhattan. The company's next headquarters will be slightly more ambitious...
We shouldn't taint other symbols that have nothing to do with ZIONISM. By the way, Adolf "the jew" Hitler, used the BUDDHIST symbol.....
.... Zionism is Zionism ;)
Thank you for your comment.
I don’t know what “Buddhist” symbol you mean, unless you refer to the swastika, which predates Buddhism. Buddhists adopted it from Hindus. The swastika occurs throughout India, Tibet, parts of China, and parts of Southeast Asia. It also occurs in certain Native American tribes.
The fact that the Nazis used it does not eliminate the symbol’s historic roots.
The Ying Yang is a truly amazing and effective illustration of the relationship between Goldman Sachs and the Federal Reserve.
And this article is SO ON TARGET - crucial information at a pivotal time in history.
Everyone needs to read and understand these facts and the magnitude of their implications.
If any one bank can be described as the head of the serpent - Goldman Sachs is it.
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"Money" has no value - people do.
I'm going to have to print this out. I'll read it on my break at work. I was only able to do a quick read.
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And I especially liked your comment from Q's blog about the French....
http://www.wakeupfromyourslumber.com/node/4682
-attacks on public workers in all other nations
-the destruction of our standard of living caused by zionists
-everything privatized
-the public in chains done by themselves
-zionists and politician have time and luxury - WE do not - that is the truth!
-"THEY" are patient and methodical, "WE" are not. Instead we are desperate, living paycheck to paycheck.
And so much more.......
This is our life, the way we are living...
I would love to say that something will happen to trip this all up. That this global elite/NWO will fall by the wayside and disintegrate....
I still have hope, and I pray that something will happen to unhinge their plans...
The Ludlow Massacre is something I never Knew about. Thank you for bringing this autrocity to my brain.
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"Hey you, Whitehouse. Ha ha,.. charade you are" Pigs/Animals/Pink Floyd
did you get my email about the ying yang?
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"Money" has no value - people do.
I got no email, but I thank you for your comment on this thread, and I love the way you cleaned up its formatting! :)
This post was directed at you. I was hoping you'd grasp its significance, which you did instantly.
I've been digging into Goldman Sachs. Boy are they dirty. Goldman Sachs single-handlely wrecked Mexico's economy, partly to keep Pemex (the state oil company) under control. Mexico produces a lot of oil.
I wonder if the devealuation of the dollar is a Sachs-Fed plan to level the currencies between the USA, Mexico, and Canada at the lowest denominaor, which is Mexico's currency. The purpose is to make the North American Union a de facto reality. Then the European continent will be under the Central Bank of Europe, and North America will be under the Fed. Then the two super-banking-cartels will eventually merge.
I have a couple of friends from Mexico who say wages there are plummeting, while food prices are climbing. For example, a can of Coke costs 40 cents, which doesn't seem like much to NorteAmericanos, but is exorbitant by Mexican standards.
The price of food in the USA is high, but not wildly extreme (yet). Perhaps this is part of the bankers' plan. They know that when food and oil become so high-priced that no one can afford them, the people revolt, no matter how many guns the bankers have. Without food, the people enter the category of "nothing left to lose."
In countries like Belarus, one reason why the dictator Lucashenko stays in power is that he controls food prices. When the people displease him, food prices go up. When they obey him, food prices are brought back down to more affordable levels. So it is in many countries. Irionically, people in these contries eat better than people in countries where food is not (yet) a bankster weapon. They don't take food for granted. By contrast, Americans are obese, like fatted cattle.
The banksters do not use the food weapon aganist North Americans and Europeans (yet) because at this point it's too dangerous. However, if oil prices continue to climb, then food prices will also, since petrochemicals are needed to grow food. Then, as with the airlines, Goldman Sachs will oversee a new wave of mergers in the agricultural industry. First to be targeted for engineered bankruptcy will be agricultural giants like Archer-Daniels-Midland. The American people will demand these mergers, just to keep food in their mouths. Goldman Sachs will be happy to help. Foreign food producers (notably in Chile, which produces a lot of U.S. food) will also be targeted.
Chavez knows all this, but must tread carefully. If the Zionist media says Chavez is meddling in Mexico, then Bush will have the excuse he needs to invade Venzuela. Therefore Chavez is proposing partnerships with Mexico to build refineries. The first refinery will be one of the largest (if not THE largest) in the world. Its location has not yet been decided, but it will probably be in Mexico or Nicaragua. It will be able to process Venzuela's "heavy" (sulfur-laden) oil. Mexico already has refineries that cn handle this oil. One reason why Chavez keeps seling oil to the USA is that for a long time, only the USA had these types of refineries. American oil companies refuse to build new refineries, in order to keep oil scarce, and the price high. Therefore Chavez will go elsewhere.
One way the USA tries to counter Chavez is through large-scale multi-billion dollar science projects funded by the Pentagon. Two example are the Large Millimeter Telescope in Mexico, and the Super-Large Array in Chile's Altacama desert. The Large Millimeter Telescope is an advanced astronomical instrument, and is also the most sophisticated satellite-tracking device yet made.
These projects do nothing to help the natives, but they do allow a lot of bribe money to be funneled to the national leaders. They also allow participatory governments to get a lot of positive publicity for "peace." The Pentagon funding is not classified, but it's hushed in the mainstream media.
Very soon I expct to see Chavez enter into large-scale scientific projects with India or Iran. China is also a possibility, but Chavez doesn't undestand the Chinese. He just wants to sell oil to them. The Chinese themselvs probably don't understand the Chinese -- but Zionists understand them.
Scientific projects are important in geopolitics. When Israel has no other way to get into a country, Israel will propose a scientific partnership with the target, usually in agricultural research. Flush with U.S. aid, Israel flies foreign students to Israel for technical schooling and Zionist indoctrination. Examples include Uganda nd Azerbaijan.
Or take sugar and oil, which are both hydrocabons, and are both used in myriad products from glues to resins to paints, and so on. The two leading research institutes on sugar are in Cuba and India, both of which produce a lot of sugar cane.
Rice and soybeans also have myriad uses. The leading reseach centers of these uses are not in Asia, as one might expect, but in the USA. (Russia is also big in rice research.)
So, scientific undertakings are very important in the grand scheme of things, and I expect to see more them in South America -- especially if Chavez continues to break free of the banking cartels.
I've noticed that zionists in general are very involved in the agriculture industry.
of course, I am not surprised. money, food, water, and oil - all bare necessities - are the best commodities to control when you plan to exploit the population.
If this consolidation process continues unabated, we have a very difficult future ahead of us.
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"Money" has no value - people do.