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Posts Tagged ‘goldman sachs’

Elite With $32Trillions Control The World

In banks, Finance, World on February 11, 2013 at 07:15

In the last two posts I blogged on ‘Who runs the World Economy, Gold Price Fixed by Banks  caught for frauds”.

 

The purpose of the first article was to point out the facts that the World is run not by Governments but by a Cabal that has vast sums of money at its disposal ans with this it dictates, influences and guides the World Economy.

To what end?

The ostensible purpose is to protect Civil Rights, Democracy and prevention of another World War and catastrophes like the Holocaust.

The facts:

 

World Control.

World Control.

1.The ultra-wealthy have enough money sitting in offshore banks to buy all of the goods and services produced in the United States during the course of an entire year and still be able to pay off the entire U.S. national debt.

 

2.According to a report that was released last summer, the global elite have up to 32 TRILLION dollars stashed in offshore banks around the globe.

U.S. GDP for 2011 was about 15 trillion dollars, and the U.S. national debt is sitting at about 16 trillion dollars, so you could add them both together and you still wouldn’t hit 32 trillion dollars.

In 2010, the new Fed data indicate, America’s top 1 percent held 34.5 percent of the nation’s household wealth, almost exactly the same share of the nation’s wealth that the top 1 percent held in 1995 and not all that much more than the 30.1 percent share America’s top 1 percent held in 1989.

 

According to an outstanding NewScientist article, a study of more than 40,000 transnational corporations conducted by theSwiss Federal Institute of Technology in Zurich discovered that a very small core group of huge banks and giant predator corporations dominate the entire global economic system…

3.An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.

The researchers found that this core group consists of just 147 very tightly knit companies…

When the team further untangled the web of ownership, it found much of it tracked back to a “super-entity” of 147 even more tightly knit companies – all of their ownership was held by other members of the super-entity – that controlled 40 per cent of the total wealth in the network.

“In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network,” says Glattfelder. Most were financial institutions. The top 20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group.

The amount of power and control that this gives them is hard to describe.

4.Unfortunately, this same group of people have been running things for a very long time. For example, New York City Mayor John F. Hylan said the following during a speech all the way back in 1922…

The real menace of our Republic is the invisible government, which like a giant octopus sprawls its slimy legs over our cities, states and nation. To depart from mere generalizations, let me say that at the head of this octopus are the Rockefeller-Standard Oil interests and a small group of powerful banking houses generally referred to as the international bankers.

The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes.

They practically control both parties, write political platforms, make catspaws of party leaders, use the leading men of private organizations, and resort to every device to place in nomination for high public office only such candidates as will be amenable to the dictates of corrupt big business.

These international bankers and Rockefeller-Standard Oil interests control the majority of the newspapers and magazines in this country. They use the columns of these papers to club into submission or drive out of office public officials who refuse to do the bidding of the powerful corrupt cliques which compose the invisible government.

It operates under cover of a self-created screen [and] seizes our executive officers, legislative bodies, schools, courts, newspapers and every agency created for the public protection..

For additional information follow the link at the end of the post and my blogs on Rothschild s,Illuminati, Finance and Banks..

5.These elite meet at every major event where the World Leaders meet, at the back rooms and quietly decide wolrd affairs.

Most of the World Leaders are Members of the Societies being controlled by these Wealthy people.

They capture Legislative Offices, Media and Manipulate Public Opinion.

Please read my blogs on who controls the US Media , media Ownership in India .

To what Purpose?

Simple Make more money.

We are being run by an Oligarchy of a Wealthy Group irrespective of Nations and political affiliations.

This is very clearly hinted by Frederick Forsyth in his Book  The ICON.

http://vineoflife.net/2013/01/30/who-runs-the-world-solid-proof-that-a-core-group-of-wealthy-elitists-is-pulling-the-strings-illuminati/

http://www.huffingtonpost.com/sam-pizzigati/mitts-offshore-shenanigan_b_1692335.html

Three Million Pound Island Home Lifestyle.

In lifestyle on June 28, 2012 at 15:50

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These are the pictures that estate agents hope will entice a – suitably wealthy – buyer who perhaps wants to get away from it all.

For those tempted by the isolated home, which stands on its own island off the Scottish coast, will need deep pockets, as ‘King’s Island‘ has gone on sale for a cool £3million.

The 260-acre island sits just 350 yards from the coast of west Scotland, and has its own helicopter pad next to the remote four-bedrooms house which has pride of place on the isolated isle.

As well as the four-bedroom house, the island off Loch Craignish comes with a boat house, observatory for gazing at the Northern Lights, and its own helicopter facility.

While King’s Island may be the ideal hideaway for a James Bond villain, its abundance of wildlife makes it a perfect purchase for a nature lover.

It is frequently visited by a population of deer that swim over from the mainland and the sheltered waters also attract dolphins, otters, sea eagles and ospreys.

There is an endless supply of salmon and lobsters that the new owner can exclusively fish for.

The island is currently owned by top City trader Christian Siva-Jothy, a former partner in Goldman Sachs, who has modernised the main house.

He closed down the $200million business he began after leaving Goldman Sachs and made a stunning confession about his ability to play the market.

Mr Siva-Jothy wrote to investors in his firm SemperMacro: ‘In this business, you are only as good as your last few trades.

‘Mine have not been very good.  Whether I have lost my edge or simply need a break after 23 years, I am not sure. I certainly hope it’s the latter.’

It is thought his financial misfortune has forced him to sell up.

Previous owners have included Sir Reginald Johnston, a retired tutor to Puyi, the last Chinese emperor, in the 1930s and then a retired Indian army officer.

Ran Morgan, from the estate agents, said: ‘The island is stunningly beautiful and surrounded by the most extraordinary land and seascapes.

‘It is so peaceful and tranquil yet it only takes 10 minutes to travel by boat to reach the mainland or 25 minutes to fly by helicopter to Glasgow.

‘The coastal village of Ardfern is the nearest settlement and has a large marina, supermarket and a thriving school.

‘The wildlife is also quite incredible and while the salmon farm just a few yards off the island is privately owned there is nothing to stop you from dropping a rod and line into the water.

‘The loch is sheltered and is also a wonderful place for water sports like kayaking and diving.

‘This is a fantastic opportunity for someone to live a bit of a Robinson Crusoe-type existence and be at one with nature.’

http://www.dailymail.co.uk/news/article-2165782/Charming-260-acre-Scottish-island-hits-market–perfect-animal-lovers-Bond-villains-search-new-lair.html#ixzz1z55voGYu

Ten Giant U.S. companies avoiding income taxes.List.

In Business on March 28, 2011 at 08:36

Image representing Goldman Sachs as depicted i...

Image via CrunchBase

 

This after what their fancy accountants and Financial consultants cooked up the Books. Imagine what could have been the Tax Liability otherwise.

And these companies get relief package from the Federal Government and distribute Bonuses till Obama intervened.

WASHINGTON—With federal income taxes due in a few weeks, Sen. Bernie Sanders, the Vermont independent allied with Democrats, on Sunday released a list of ten big profitable U.S. companies paying little or no taxes. Sanders wants to close the loopholes that make this tax avoidance legal. Some people call the income tax system with generous loopholes for big companies corporate welfare or corporate entitlements. As Congress returns to work this week–after yet another break–to negotiate over big budget cuts–with social safety net programs facing reductions–Sanders is pushing for corporations to pay more of a fair “share.”

The Bernie Sanders Ten, per release….

1) Exxon Mobil made $19 billion in profits in 2009. Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS, according to its SEC filings.

2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion.

 

3) Over the past five years, while General Electric made $26 billion in profits in the United States, it received a $4.1 billion refund from the IRS.

4) Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009.

5) Boeing, which received a $30 billion contract from the Pentagon to build 179 airborne tankers, got a $124 million refund from the IRS last year.

 

6) Valero Energy, the 25th largest company in America with $68 billion in sales last year received a $157 million tax refund check from the IRS and, over the past three years, it received a $134 million tax break from the oil and gas manufacturing tax deduction.

 

7) Goldman Sachs in 2008 only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.

 

8) Citigroup last year made more than $4 billion in profits but paid no federal income taxes. It received a $2.5 trillion bailout from the Federal Reserve and U.S. Treasury.

9) ConocoPhillips, the fifth largest oil company in the United States, made $16 billion in profits from 2007 through 2009, but received $451 million in tax breaks through the oil and gas manufacturing deduction.

10) Over the past five years, Carnival Cruise Lines made more than $11 billion in profits, but its federal income tax rate during those years was just 1.1 percent.

http://current.com/1ahmp4c

 

Income Tax Avoiders.

Sanders compiled a list of some of some of the 10 worst corporate income tax avoiders.

1) Exxon Mobil made $19 billion in profits in 2009. Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS, according to its SEC filings.

2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion.

3) Over the past five years, while General Electric made $26 billion in profits in the United States, it received a $4.1 billion refund from the IRS.

4) Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009.

5) Boeing, which received a $30 billion contract from the Pentagon to build 179 airborne tankers, got a $124 million refund from the IRS last year.

6) Valero Energy, the 25th largest company in America with $68 billion in sales last year received a $157 million tax refund check from the IRS and, over the past three years, it received a $134 million tax break from the oil and gas manufacturing tax deduction.

7) Goldman Sachs in 2008 only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.

8) Citigroup last year made more than $4 billion in profits but paid no federal income taxes. It received a $2.5 trillion bailout from the Federal Reserve and U.S. Treasury.

9) ConocoPhillips, the fifth largest oil company in the United States, made $16 billion in profits from 2007 through 2009, but received $451 million in tax breaks through the oil and gas manufacturing deduction.

10) Over the past five years, Carnival Cruise Lines made more than $11 billion in profits, but its federal income tax rate during those years was just 1.1 percent.

 

Plus and Minus of Microsoft.

In IT on December 15, 2010 at 11:58

Goldman Sachs noted that Microsoft missed the tablet curve, faces the down slope of a Windows 7 upgrade pop and faces multiple challenges. According to Goldman Sachs 2011 is going to be a rough year for Microsoft.

That note was so convincing that Sam Diaz put on his GApple (Google + Apple) goggles and likened Microsoft to the Titanic. If Microsoft is sinking it’s only because the hull can’t carry all the cash the software giant rakes in.

In a case of nice timing, the New York Times reports that Microsoft will demo new slate PCs and Windows 8 functionality at CES 2010 next month. Microsoft has been talking about tablet PCs at CES for more than a decade yet Apple ran off with the market courtesy of the iPad. Now Android tablets are in on the act. Will Microsoft finally deliver a credible tablet?

The software giant’s well-documented issues with the tablet and smartphone markets are causing a lot of angst. Goldman Sachs isn’t the only research firm sounding alarm bells. Some analysts such as Stifel Nicolaus’ Doug Reid say that the mobile wars have been decided in favor of Android and Apple’s iOS. In May, Barclays Capital analyst Israel Hernandez said Microsoft’s mobile miscues remain a big worry for the company.

All of that’s true, but Microsoft has plenty of cash for reinvention. In fact, the company has lost billions of dollars on Internet ventures, but is showing some promise with Bing. Other moneypits that worked out for Microsoft include the Xbox. Bottom line: Microsoft’s dollars buy it some wiggle room.

That said there are real worries for the company. Here’s the Microsoft ledger as I see it.

Negatives:

Tablets. The topic du jour for Microsoft is whether it can create an iPad rival. What’s maddening about Microsoft’s strategy can be summed up with one product: Microsoft 7. Microsoft insists on Windows 7 slates when it has a better alternative in house with Windows Phone 7. Here’s the deal: Windows 7 is just too large to be a tablet OS. Windows Phone 7 looks as if it were built for tablets. So what if Microsoft doesn’t conquer the smartphone market with Windows Phone 7? It has plenty of time to make Windows Phone 7 a real tablet player. The unfortunate thing is everyone on the planet sees that Windows Phone 7 could be powerful with a tablet. Microsoft has its blinders on.

http://www.zdnet.com/blog/btl/microsoft-a-big-ship-at-crossroads-what-else-is-new/42698?tag=nl.e539

Goldman Sachs-this is where the dole out goes.Goldman CEO ‘settles’ for a $9 million bonus .

In banks on February 7, 2010 at 00:00


To say the least ,this is obscene.
Story:
The price tag for Goldman Sachs CEO Lloyd Blankfein getting some peace of mind: nearly $60 million — and the distinction of being paid less than JPMorgan Chase’s Jamie Dimon.

Despite guiding Goldman Sachs through its most profitable year ever, Blankfein will get a bonus of just $9 million, all of it in stock and a far cry from the $68 million he bagged in 2007, which at the time was Goldman’s best year ever.

http://www.nypost.com/p/news/business/pauper_payout_C0dESz1keGxvzbq3sgRMSI#ixzz0emX5rqW2

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