The Hydra-like creature, Goldman Sachs, has surfaced from the Gulf oil volcano.
Illinois-based Nalco Corporation is responsible for the Corexit 9500 chemical dispersant highlighted by experts as being 4 times more toxic than the oil that is flowing into the Gulf. Scientists in congressional hearings added that the dispersant is more toxic than other similar dispersant on the market. Naturally, whenever a major disaster takes place — especially when major, society-altering solutions are being offered — one needs to follow the trail of money and power to see who benefits. Sure enough, a casual search of Nalco’s Web site reveals their company history; it leads right to the doorstep of Goldman Sachs.
Nalco seems to have started in 1928 Chicago and became immediately involved in both the oil industry and water treatment facilities. 1982 seems to have been a massive turning point for the company as their Web site states, “ORS-419 is used in the tires of the Space Shuttle Columbia. The Nalco product is the only non-silicone product of its type on the market approved by the space shuttle tire’s manufacturer.” Thereafter, things really seem to have taken off as shown here:
1983: Nalco breaks ground for a new 300,000-square-foot trio of headquarters buildings in Naperville, representing an investment totaling $90 million.
1984: Nalco introduces the PORTA-FEED® reusable container system, the most advanced liquid chemical handling system yet introduced.
1985: Nalco leads the chemical industry in the development of CAER (Community Awareness and Emergency Response), a forerunner of the Emergency Planning and Community Right-to-Know Act of 1986 and the CMA Responsible Care® initiative.
1986: Nalco consolidates groups from the Energy Chemicals Division and Oil Field Services Division to form a new Petroleum Chemicals Division to be headquartered in Sugar Land. The new Petroleum Chemicals Division will include Visco Chemicals, Refinery Process Chemicals, Additives, Adomite Chemicals and Gas and Oil Handling Chemicals Groups.
1989: Sales top $1 billion.
Then, in 1994 Nalco joined forces with Exxon Chemical to announce the formation of a new alliance “Nalco/Exxon Energy Chemicals, L.P. to provide products and services to all facets of the petroleum and natural gas industries.”
Another name change occurred in 2001 when the company became Ondeo Nalco. Finally, in 2003, we learn who has taken the reins to lead us into the present. As their site states: “The Blackstone Group, Apollo Management L. P. and Goldman Sachs Capital Partners buy Ondeo Nalco.”
Global sales now exceed $4 billion and the Gulf cleanup is in the hands of a group of corporate pals who have brought us such fine moments of humanity such as Blackstone’s “locust capitalism” hostile takeover binge which triggered a major political backlash in Germany and elsewhere, and the newly proposed austerity measures coming to America. Apollo Management is in the Wall Street Journal’s Who’s Who in Private Equity with the very human investment strategies of leveraged and distressed buyouts and debt investments — investments now top $37 billion. And, by now, Goldman Sachs’s reputation precedes itself as having engineered the housing crash and exacerbating a financial meltdown in Greece and across Europe.
Yet, Goldman Sachs is far too gluttonous a creature to be happy with administering the profits from the physical fallout of the Gulf disaster. The kings of the carbon market — yes, that market that trades nothing but air — have not been having an easy time of it pushing man-made global warming. In the Gulf, however, they have their cohort, Barack Obama, well positioned to steer the pirate ship back on course. It was Obama who helped fund the carbon program from its inception after all. Right on cue, Obama’s e-mail campaign is launched to exploit suffering at the behest of his corporate controllers.
We are living in a full-blown international corporate command and control system where even the most basic rescue efforts are in the hands of proven pirates. It also has become clear that the pirate flotilla is owned by Goldman Sachs . . . and the president of the United States is the captain.
by Eric Blair
From stifling the media to buying all search terms related to the disaster, British Petroleum and the Obama Administration have gone to great lengths to hide the true nature of the problem. The source of the oil well, nearly 6 miles below the ocean’s surface, has apparently tapped into a high-pressure magma chamber where the oil is erupting from the source at an estimated 20,000 – 70,000 psi. There is no human technology that can cap that level of pressure and all the “experts” who designed the failed containment box and “Top Kill” solutions knew that. It is literally like trying to cap a volcano a mile below the ocean’s surface. These attempts were knowingly doomed from the start and apparently staged just to appease an angry public.
A former high-level oil executive reported that the oil volcano in the Gulf of Mexico will never subside and is far worse than anyone is reporting. Lindsey Williams (author of Energy Non-Crisis), in a recent interview, claims that his Elite oil informant told him that the oil gusher in the Gulf is erupting around 4 million gallons per day, and it is impossible to stop. Furthermore, oil is NOT the most harmful element spewing out of the gusher. No wonder why there are flight restrictions over the area.
According to Williams, independent tests show toxic Hydrogen Sulfide and Benzene gases in the Gulf area are registering at levels thousands of times above safe levels (a claim which has now been supported in an Eyewitness News story out of Louisiana). Yet, the EPA’s headline states, “EPA’s air monitoring conducted through June 10, 2010, has found that air quality levels for ozone and particulates are normal on the Gulf coastline for this time of year.”
In the very next sentence the EPA adds a caveat as cover, “EPA has observed odor-causing pollutants associated with petroleum products along the coastline at low levels. Some of these chemicals may cause short-lived effects like headache, eye, nose and throat irritation, or nausea. People may be able to smell some of these chemicals at levels well below those that would cause short-term health problems.” This, in spite of the fact that Hydrogen Sulfide and Benzene gases can cause death. These “volatile organic compounds” are in the air that is on the way to the coast for human beings to breathe. And, of course people are not being warned. Remember Christy Todd Whitman, former head of the EPA, telling the workers at Ground Zero that the air was safe to breathe in the weeks after 9/11. Meanwhile, slews of rescue workers are dying now from respiratory and other diseases. Lies, lies, and more lies. How can we possibly trust the “official” information that we are being fed?
Although Williams’ informant claims that the oil disaster is a genuine accident and not a conspiracy, the prophets at Goldman Sachs and BP chief Tony Hayward knew enough to dump their BP stock in the weeks before the “accident.” What impeccable timing!
But I digress. Given that all experts know that the Gulf oil volcano has no promising solutions including drilling a relief well, they are now floating the idea of detonating a nuclear bomb to collapse the well. According to the anonymous informant, this “nuclear option” is being planned despite the obvious dangers and uncertain outcome.
This may indeed be the pinnacle of man’s folly versus nature. Although I’m not one to quote religious text to make a point, Revelations 16:3 rings pretty darn true “And the second angel poured out his vial upon the sea; and it became as the blood of a dead man: and every living soul died in the sea.”
Goldman Sachs Hands Clients Losses in ‘Top Trades’
By Ye Xie
May 19 (Bloomberg) — Goldman Sachs Group Inc. racked up trading profits for itself every day last quarter. Clients who followed the firm’s investment advice fared far worse.
Seven of the investment bank’s nine “recommended top trades for 2010” have been money losers for investors who adopted the New York-based firm’s advice, according to data compiled by Bloomberg from a Goldman Sachs research note sent yesterday. Clients who used the tips lost 14 percent buying the Polish zloty versus the Japanese yen, 9.4 percent buying Chinese stocks in Hong Kong and 9.8 percent trading the British pound against the New Zealand dollar.
The struggles for analysts at Goldman Sachs, which is fighting a fraud lawsuit from U.S. regulators who accuse the company of misleading investors in a mortgage-linked security, show the difficulty of predicting market movements as widening budget deficits, a fragile global economic recovery and tighter financial regulations increase volatility. Stock and currency fluctuations rose to the highest in a year this month as Europe pledged about $1 trillion to stop a debt crisis in the region.
“This says that Goldman’s guys are only human,” said Axel Merk, who oversees $500 million as president and chief investment officer of Merk Investments LLC in Palo Alto, California. “No one is always right. There are a lot of cross currents in this market.”
Gia Moron, a spokeswoman for Goldman Sachs, declined to comment.
January 27, 2010
Rep. Darrell Issa, ranking member of the House Oversight and Government Reform Committee, has the goods on Treasury Secretary Tim Geithner. Earlier this month, Issa received emails proving without a shadow of a doubt that the New York Fed under Geithner’s leadership withheld documents and delayed disclosures on AIG’s swindle operation with Goldman Sachs, Deutsche Bank, and other international bankster criminal organizations.
“The New York Fed took over negotiations between AIG and the banks in November 2008 as losses on the swaps, which were contracts tied to subprime home loans, threatened to swamp the insurer weeks after its taxpayer-funded rescue. The regulator decided that Goldman Sachs and more than a dozen banks would be fully repaid for $62.1 billion of the swaps, prompting lawmakers to call the AIG rescue a ‘backdoor bailout’ of financial firms,” Bloomberg reported on January 7.
Using Fed secured taxpayer bailout money, AIG paid several banks 100 percent of the face value of credit-default swaps, as other financial institutions were negotiating deep discounts for the unregulated paper assets that do not have to be backed by cash.
“It appears that the New York Fed deliberately pressured AIG to restrict and delay the disclosure of important information,” said Issa at the time. Taxpayers “deserve full and complete disclosure under our nation’s securities laws, not the withholding of politically inconvenient information.”
Treasury spokeswoman Meg Reilly said Geithner knew nothing. He was recused from the criminal operation to steal billions and fork it over to Goldman and the banksters.
If you believe the head of the New York Fed was out of the loop on this scam I have a bridge to sell you.
Darrell Issa doesn’t buy it either. “If you were recused, where is the document, what were you recused from?” Issa told Bloomberg earlier today. “You didn’t stop going to the office, so your recusal seems to be after the fact and undescribed.”
Geithner is on the hot seat today about his role in the $182.3 billion heist. Issa warns that Geithner will attempt to weasel out of complicity by citing the undocumented recusal. “He is going to be able to say, ‘I was recused from what I didn’t want to know about,’ or, let me rephrase that, ‘what I didn’t want my fingerprints on,’” Issa said.
The bankster bailout will ultimately cost the American people (and their children and their children’s children) trillions. “The amount of US taxpayer money committed to bailouts over the last 12 months by far exceeds the combined cost of major historical events dating back over 200 years,” writes Steve Watson. “The combined amount spent, lent, consumed, borrowed, printed, guaranteed, assumed or otherwise committed to bailouts by the government from March 2008 to March 2009 amounts to some $15 TRILLION.”
The cost of World War Two, the race to the moon, the New Deal, and the Iraq, Vietnam and Korean wars combined does not come close to the amount spent so far in just 12 months on the bailout of a handful of privately owned offshore corporations, Watson notes.
All of this debt into perpetuity has a purpose beyond making a gaggle of banksters rich beyond their wildest dreams. It is designed to crash the world economy and take down the middle class in the United States. It is designed to sell your children into bondage to the banksters. It is part of a plan to impose martial law and a high-tech control grid in response to unfolding social and political chaos directly related to the economic implosion.
The global elite are now demanding world government in response to the manufactured crisis unleashed by the Federal Reserve with the complicity of Geithner, Hank Paulson, Ben Bernanke and their partners in crime at Goldman Sachs et al.
It remains to be seen if Tim Geithner will be exposed and ultimately arrested, forced to do the perp walk in an orange jumpsuit, and slapped in prison for grand larceny of such a magnitude it staggers the imagination.
I said in a previous post that it was wise to live up to the obligation to pay your debt . . . if the bank will cooperate and give you a reasonable payment plan. There is a new wrinkle to the story though. A recent report by Profundo consultancy has linked leading banks to $20 billion in cluster bomb production lending. And they knew it. The top five loan providers were Bank of America, Citigroup, JP Morgan, Barclays and Goldman Sachs. They provided financing to Textron, Alliant Techsystems, and defense contractor Lockheed Martin, all based in the U.S. Providing financing to arms makers sort of sounds like, uh, war profiteering? Upon questioning, all declined to comment.
Cluster bombs are one of the most hideous creations invented yet by weapons makers. I’m not going to post the disturbing results here, but anyone with intestinal fortitude can Google “clusterbomb victims” and see what happens. Cluster bombs open in mid-air and literally rain death, without much discernment about where the fallout lands. They have been linked to thousands of civilian casualties. The world recognized the level of horror and outlawed cluster bombs in May, 2008. Problem is, cluster bombs will only be made formally illegal when 30 countries have ratified the agreement. Twenty three countries have signed on. A couple of the holdouts? Wait for it, wait for it: The United States and Britain, where the top five loan providers make their home.
Can it be any more obvious with whom we are dealing? So, although I previously mentioned to try and make a deal with your bank to alleviate the debt you (rightfully?) owe; it is clear that this is a deal with the devil. Only you can decide for yourself whether you are OK with having your exorbitant interest rate ultimately being used to lend that money to arms dealers who kill civilians.
I know my choice.
The full article on which my comments are based came from Reuters and can be found HERE
Note: At the very least, please call your bank if it is one of the five listed above, and ask them to send you a signed denunciation of cluster bomb and weapons financing. Tell them you do not approve of this use of your money.