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Goldman Bashing Is The New Chinese Black
And you thought Goldman had it bad in the US. The FT reports: "Many people believe Goldman Sachs, which goes around the Chinese market slurping gold and sucking silver, may have, using all kinds of deals, created even bigger losses for Chinese companies and investors than it did with its fraudulent actions in the US,” read the opening lines of an article in the China Youth Daily, a state-owned daily newspaper, last week." Matt Taibbi - you have met your match, and the outcome is picturesque indeed - a vampire squid that slurps and sucks its way to every loose ounce of gold and silver. But fear not, all those millions of ounces in GLD are perfectly safe and sound.
The article continues:
The article was widely distributed through commercial news portals and the website of government mouthpiece Xinhua News and the People’s Daily, the Communist Party publication.
Referring to Goldman as a “black hand” that “played little tricks carefully designed to gamble with Chinese enterprises”, the article made few specific accusations of wrongdoing by the bank.
The report followed similar commentary and articles published in publications including the 21st Century Business Herald, one of the largest financial newspapers in the country, and New Century Weekly, a liberal magazine.
The reports were highly critical of Goldman for designing and selling oil hedging contracts to state-owned Chinese companies that then lost billions of dollars when oil prices plunged, contrary to Goldman analysts’ predictions, in 2008 and 2009.
“Goldman has just been so successful in China, but this is one of the perils of success here,” said a senior banker at one rival in China.
“Many of its domestic competitors and some in the government are very unhappy that they have been doing so well lately.”
Did anybody tell these people how many "losing" trading days Goldman had in the latest quarter/year? Joking aside, we do find it somewhat ironic that the company which brought capitalism (or at least the Goldman-centric version thereof) to China is now being openly attacked for being "too successful." It really is time for Buffett to MBO the squid and get the public company farce over with (that means only another $30 in GS downside before the Oracle announces his true intentions). We are sure that Goldman can pull enough strings where even as Buffett's last hypocritical hurrah, it will still have full discount window access, even as a fully private hedge fund. Because the last thing Goldman needs is to be the primary scapegoat of a better way of life gone horribly wrong for 1.3 billion angry Chinese. On the other hand, look for the American Idol empire to promptly move to Beijing with Goldman's blessings and venture funding - when all else fails, prime time distraction with moronic entertainment for an increasingly lazy middle class always seems to get the job done.
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You think that when the Chinese government wants a head to roll, the US will swap Blankfein for Kim?
slurping gold and sucking silver
me loves
American Idle. Typo for the times...
So the Chinese have an issue with their "research"? The line forms on the left.
I can't believe anyone takes their self-serving marketing announcements for anything but what they are.
I had an opportunity to play a round of golf with a Goldman guy. He did not appreciate it much when I called them "The Squid" for some reason. However, he did whine about how all the bad press made it hard for them to make money lately. I pointed out their winning record. That happened on the 10th tee. It was not a friendly round on the back nine.
Don't worry, a year from now he'll work for the government and all will be good.
if what you say is true.. you should expect to have your life systemically ruined by the end of the week (no job, house foreclosure even if you own it outright, all your gold turned to coal, etc)
LOL,,,That reminds me of the day I played gold with the brother of Scott McNeily, the founder of Sun Microsystems. Around the third hole, I said Barry, how come you're bald and I see Scott on CNBC with a full head of hair. Things went rapidly down hill from there.
GS= A whole quarter without any daily loses? How is that even possible? Oh yeah when you control the markets you control the $$$$>
I wouldn't like to be a goldmanite facing prosecution of fraud in China. I hear you have to pay for your own bullet.
China = New Germany
The set up is so similar to the 1930's - 40's it's beyond funny.
I think, and you read it here first, within the next 3 months, we will see the rise of a Hitleresque figure in China, a firebrand, seemingly able to take on all them other beasts while keeping the Chinese mesmerized.
He will, of course, be a puppet, probably in the last stages of his "grooming". Maybe even a Tienanmen "hero" we have all but forgotten, but the Chinese haven't. Re-emerge for a dungeon, breathing rhetoric ,soothing to Chinese ears.
The pattern is beginning to unfold and it is something to watch.
He (or maybe she? That would be a cool twist to the plot) will be, through some engineered cause (Causes Belly-ache) the downfall of the Communi-capitali-socialistic party, much to the joy of the public.
S/he will rise to power on a wave (generated by media, obviously also controlled) and all the factories will move to war production mode, because we all know it's coming.
In fact, I'm sure many of them are in war mode, you just don't recognize their products as war machines. Cadmium tainted BIG MACK DADDY sunglasses anyone?
Meanwhile, the cyber armies are readying to attack the American power-grid in a series of black-outs, co-incided to time with increased solar activity (which we are all being prepped with in the news, if you read it that is).
America hunkers down to deal with the horror of the gulf hurricane season, then by the mysterious power outages, then the Nuke it option in Early august....
I can see it all, makes a good story line eh?
If only it was not true...
Are you really really ready? Enemies within and without good sheeple of America. 400 years of genocide of a people, which no one, not once in my 12 years there anyone ever, EVER< FUCKING EVER (that would be the native americans, the red indians for you) acknowledged, Slavery (will not pay for my grandfather's sins)..... ahhhhhhhh.... sweet misery.
Go even now to a reservation and not to the casino to get free drinks and ogle the half naked waitresses, but to say sorry.
The battle at wounded knee was never won or lost.
And as you love to say, payback is a B%$#*#&???
Same for the poor aussies and the aboriginals, same for NZ and the Maoris, same same same. Same for poor India and China sunk under the Opium wars.... other humans were fodder... human capital.
White man's curse is the lust for power. And the lust for lust.
You are Cain
And the rest of the world is....
ABLE.
don't hold back... what's really on your mind?
(you forget the hawaiians, northern irish, croati... oh, nevermind...)
has anyone noticed that the big guy usually wins, and righteousness usually has little to do with any of it?
when the big guys come, i usually get out of the way.
Just pointing out i.kno.
Grand super cycles are not limited to financial ones (of course you know that, I'm just re-emphasizing).
So, this one is turning too.
We are at a merger of super-cycles and this is when scores get settled (literally and metaphorically).
No winners and losers on a grand scale.
I could quote you Christ or Dylan, take your pick.
I think the ones with eyes to see and ears to hear kno!
;-)
i'm glad you took my comment with the right tone (ascii is a beast to manage)
i don't dare argue, as i try to manage the underlying Avatar(tm) parallels to early US north-american migration activities to my kidlets... especially where the natives didn't win in the real story.
i have friends who are bitter about it all, and think things like affirmative action and the like are somehow different than the transgressions that began the whole cycle (e.g. new victims somehow undo old victims...).
i simply can't see the value of bitterness in a system this large and stupid - better for me/us to just learn to dodge/prevent the monsters as they come.
quote dylan... be well
everyone talks of the next Hitler... why no talk of the next Joan of Arc?
If your scenario plays out,
Negroes in the US will cause the ones in Africa who were responsible for the Slave Trade to finally give up the profits they earned.
The American Indians will give up living in mobile homes with electric lights and heat in preference for returning to Teepees and dirt floors. They really do prefer making and eating pemican to getting government cheese delivered to the door.
The practice of footbinding will again be widespread in China.
Ah. A return to the Good 'ol Days.
Augustus,
Don't be just another flippant fool.
Do you know what government cheese has doen to the native americans? I suggest you google Native Americans and Diabetes.
Maybe you are just another dumb-shit stay in your three cities area American, but I've driven the length and breadth of your country.
Ever seen the hugely obese Native americans? Compare them to their lean and mean forefathers?
You sound like a thoughtless dim-wit, I really have to say.
And of course African's helped put their brothers and sisters on those ships. But who paid them to do it? Who facilitated the bigger story?
You type like an educated person, I suggest you put that education to a little deep thought, not spew media cliches.
People like you are the problem I'm pointing at. Fuck the past and fuck the one's who've been fucked. I like my good life stolen from the rest of the world and I'm not going to say sorry to some half-breed who IS PROBABLY BETTER OFF FOR MY TAKEOVER OF THEIR LAND/CULTURE/RESOURCES anyway?
Really really short-sided.
This is why the white race is screwed, because of short-sighted, clueless of history morons.
Go, fight for the CIA's drug trade in Afghanistan, wrapped in the old Glory(hole). Get some government cheese over to those insolent half-breeds too. Damn terrorists, daring to fight back when we come to rape and plunder.
+1000
"when we come to rape and plunder."
We???...interesting.
"but I've driven the length and breadth of your country."
So which is it...we or your???
When I said we, I was clearly speaking as Augustus, who supports government cheese and what comes with it to doorsteps of unwilling half-breeds (yes, I am putting words in his mouth, but the implied meaning of what he said were obvious).
My handle clearly shows I'm Indian.
Your...yes, many years spent in the US, but am still Indian.
And I'm writing from a sad-angry place. The US is after all the eye of the current hurricane.
Does that clarify?
Know many Indians living in US. They are all great people. As for your sad angry place -I hope you find some comfort - but blaming "white people" will not help.
Rawsienna,
Isn't it the normal course of things to make amends?
The so called justice system is one face of the make amends (on a societal scale) and saying I'm sorry to someone you have wronged is the other.
So, when it comes to blaming white people, I'm only pointing out the unfortunate fact that the Anglo-Saxon race has been the plunderer du jour for the last few centuries, yes?
No other colour has pillaged, plundered, divided and conquered as much (in fact, the US is a pup in the grand scheme, clearly the colonial/superior mind-set comes via europe, from whence most white Americans descend).
There might have been local conquest, but on the large scale of things, inconsequential.
And so, at this point in the grand historical super-cycle, the white, caucasian race is overwhelmingly left holding the cross of being cultural and religious colonialists, whith wrongs, many more wrongs than rights to their credit.
And if you look at my original post, all I was saying was go say sorry. Childish? Maybe. A start? Hopefully?
The anger came and was solely directed to Augustus's silly response. If you want to make clueless statements like that, then back them up with a true colonialists agenda and prove that the Native Americans and the Chinese and the Negroes are better off.
And so, in further response to your post below, dis-agreement is mostly agreement. I'm serious. But any serious dialouge needs equally serious intent on both sides.
And I stand by my statement that views such as his are myopic and blinding. And continue to foster the status quo.
understood and respect the tone and seriousness of your response -
Thank you. The respect is mutual.
What you say is astonishingly stupid. And racist. And inaccurate.
Seems he/she is advocating a race war. Interesting; I wonder if that is the proposal?
Saying sorry is inciting a race war?
Hah! But you sir are a known troll and white/israel apologist, so I'll leave it there.
Actually, I'll say one more word or three.
You and Trav, the other troll, support Israel's right to retibution, their illegal hold on a land whose claim is based on a fable?
Refute that? Why did Israel "deserve" "their" God promised land back, but all the races and peoples the Anglo-Saxon's have screwed in the past few centuries don't?
Come on Trollies, you are disingenuous and without any sort of basis. Whatsoever.
Lightweights.
And Trav, as I stated clearly, for all the world to see (www.squareandc.net), I abhor the white designed universe.
You are welcome to your explosive, life-denying killing machines. And all that goes with it. You are welcome to your x-raying, poisoning medical system. You are also welcome to your factory farmed foods and Tellalievision existence.
Take it and run.
oh my goodness. Go and look at my posts in Marla's paintball thread. You are talking out of your ass.
So, when it comes to blaming white people, I'm only pointing out the unfortunate fact that the Anglo-Saxon race has been the plunderer du jour for the last few centuries, yes?
No other colour has pillaged, plundered, divided and conquered as much (in fact, the US is a pup in the grand scheme, clearly the colonial/superior mind-set comes via europe, from whence most white Americans descend).
There might have been local conquest, but on the large scale of things, inconsequential.
And so, at this point in the grand historical super-cycle, the white, caucasian race is overwhelmingly left holding the cross of being cultural and religious colonialists, whith wrongs, many more wrongs than rights to their credit.
Looks to me like you're pretty pissed off at white people. Will "sorry" really do it for you? Doesn't look that way to me.
"sorry" = reparations. It's always about the money.
John,
Hundreds of years of stealing resources is about the money.,
And not always about money in the way you understand it.
Saw a documentary about an ancient native american mountain being torn down for gravel. To the strong protests of the native community. It was not about the money for them.
And once torn down, unrepatriable.
See the point?
Actually you have nothing to apologise to me about.
And my apologies if I clubbed you with Trav, I had read the paintball thread completely (was shocked) and thought you supported Marla's viewpoint.
So tell me SWR, how did my initial comment suggest that I was promulgating the idea of a race war? A bit of a stretch from my core idea of making amends eh?
Wondering where you drew that conclusion from.
Sure does.
We all have sad angry places within us, however, if you dwell there long it will consume you. I know from experience. Just sayin.
For the record, in my opinion, Leonard Peltier was doing what any one of us would have done under the circumstances...if I were "chief" he would not be where he is today. From a political point of view I will assume you cannot be left of center as you correctly point out the smothering bondage of "your" people.
Peace.
nm,
I am centered. Even the tone of my post suggests otherwise.
Re. LP, I agree completely. Likewise with the case of Mumia Abu Jamaal.
And I am now back home in India and watch the new hegemony, this time sponsored by MTV and fed by Mickey D's. ANd foreign liquidity.
India has completely lost the plot as a nation, swamped by wanting to be white. Really. The overwhelming force of media is something stunning to behold.
And sad/angry is good. Angry/angry is irrational.
:-)
And so a part of anger flows from there too.
+10000000 True. India slowly loosing it's soul only rural holding up Tradition......Tradition...... (tevye)
Do you mean its tradition of caste? Do you mean the traditions some "professional" Indians bring with them to the US of overtly looking down at people who actually do manual labor? Engineers walking down the middle of a hallway in a factory expecting the trades and floor workers to move aside? (hint: after you walk into them and knock them down a few times they start to get that it's different here.) I'm familiar with that tradition. Yeah, hold up that one, by all means.
your example of peope bumping each other and comparing that to slavery of other races. How kind. Also your examples are just personal not the truth.
Caste system had it's Plus and minus and it is still not free slave labour.It is just a form of tribalism with each tribe learning their skills from family when there was no schools. Many had the freedom to convert to Buddhism/Islam/Chrisitianity when could not bear caste system, but where was such a freedom for others ?
Also Caste system was further encouraged by British to concentrate wealth and taxation. Before that Hinduism there was Buddhism which does not have caste system. Half knowledge is only noisy.
Spoken from one who never suffered from it, no doubt. Half knowledge is still better than no introspection...
I don't want to dwell in this. FYI : my forefathers converted to christianity many centuries ago. There is introspection and Govt and people are working on it. But origins of caste system is not how it is portrayed in people's mind.
Well, I guess we are all guilty of broad brushing.
My core idea was, even it got to sound otherwise, is that if we do not acknowledge everyone's reality, then we are all truly screwed.
But don't use tradition in such a light way. This culture (India) has survived for Millenia.
Your's is too young to even have a culture and what you have is an amalgam of borrowed culture that has not had even a whiff of a chance to form, unless you consider baseball a culture.
This is what I was trying to say above, be powerful and be deep if you want to say something about powerful and deep issues.
Your argument is flippant.
As for the caste system, it began as a division of labor.
It had it's place and like everything else in this day and age, it has degenerated into meaninglessness.
I'll say this though, that the caste system is alive and well in America. Are you really desegregated? Can you walk into a ghetto? Connect with blacks?
The US has a caste system and it's based on your net worth.
And it is as ruthless as the one you disdain from india.
And I hope you have been here, otherwise your comments count for nothing. Nothing you have read or seen on Nat Geo is likely even close to the truth of India.
So if one disagrees with you they are a fool. Some news for you, despite all of "our" mistakes - and there have been many - people all over the world still want to live here. Why is that? You cant change the past but one can strive to understand it better to prevent the same mistakes from happening again. Bitterness gets you nothing but more pain. Your bias is evident in your statement regarding African's and their role in the slave trade. Whether you accepted payment or offered payment, you both are guilty. Arguing who is more guilty is irrelevant.
Hate knows no color or race ..
No, but I just love how anyone nowadays with a bit of melanin in their skin feels the RIGHT to proclaim absolute guilt and innocence over entire races based on a pathetically inaccurate reading of history.
The world is pathologically jealous of "the white man," because it is whites who invented everything they want and everything they want to be.
Somebody overdosed on Avatar.
GFD, you are a racist idiot.
That coming from you, troll-twit lightweight, is funny.
Sad for you, funny for me.
You bash MTV and MickeyD's yet say nothing about Bollywood and Who Wants To Be A Millionaire? Must be culture enhancers.
Sad for you, funny for me.
Actually when I said MTV, I meant all TV and most of it is copies of Hollywood crap (like who wants to be a millionaire).
Same money is pushing the cultural degeneration of India that did it for the west.
Same means, same aim.
I have not owned or watched TV for 10 years, so speak from a place free of it's stain.
Be assured though, the cultural malaise currently sweeping India has it's roots and is funded by western money and interests.
You're a fucking racist nitwit. I take offense to everything you've said about whites. Painting in broad strokes, are we? I'm white and my family comes from a small country in Europe that never did anything to anyone. I also grew up in Africa and given what I've seen there of the native cultures (e.g. chopping up children to make traditional medicines out of body parts) I would rather take broadly-defined "white" culture any day, be it Anglo, German, Russian, or whatever European culture you care to name.
At least in most of our "shitty" societies we have some semblance of peace, and there aren't mob rapes and burnings between Hindus and Muslims every other month. At least the vast majority of people in our societies can read and write, and at least we have gender equality (compared to say India). I could go on and on, but you get my point.
Slavery in the U.S. was ended by whites, and 650,000 of them died to end it, while the vast majority of American whites here today never were involved in slavery. And yes, the Africans who sold their prisoners-of-war into slavery are just as guilty as the whites who bought them. In fact in some places in west Africa slavery wasn't officially banned until a couple of decades ago.
I'll give you that some things about this country culturally suck (or more appropriately, the lack of culture) but that's about the only place any of your crazy rants make any sense.
Why are you upset about Indian call centers? No one is holding a gun to Indians' heads and forcing them to work there. Western companies pay, Indian answer calls, it's a fair exchange. If you don't like it, don't work there. Apparently many of your countrymen/women do like it though.
Like trav777 said, half the non-white world has a pathological jealousy of the white world because it invented everything that makes the world advanced and modern. From your posts, it seems that apparently you don't like that stuff anyway though...so let's make a deal: we'll take back all the shitty stuff (American Idol, bad movies, McDonald's) and we'll collectively as a race say sorry for colonialism (because no other race anywhere at any time has practiced brutal colonialism/imperialism, right?) if you also give us back all the cool stuff we created (airports, cars, nuclear power, trains, modern plumbing, the periodic table, electricity, etc. etc.)
Sound like a deal?
You clearly have Zero Zen.
As I clearly stated above, to Travvie...
And Trav, as I stated clearly, for all the world to see (www.squareandc.net), I abhor the white designed universe.
You are welcome to your explosive, life-denying killing machines. And all that goes with it. You are welcome to your x-raying, poisoning medical system. You are also welcome to your factory farmed foods and Tellalievision existence.
Take it and run.
So yes Zero Man, take it and run.
Far away.
trav calling someone a racist = pot calling kettle black
awesome! :-)
http://www.make4fun.com/download/sounds/17332.mp3
ORI, name one culture/race/religion that hasn't afflicted genocide and/or slavery on another people (of their own or of others) and you might have an argument.
bonus if you could explain how the thousands year old caste system in india forwards the concept of human rights for all.
understand your anger but blaming the 'white man' for all the ills of the world will not make it better. in fact, it will only make it worse. much worse.
India Tip.e
Shining example. Always attacked, never, in it's long history (really long, way back when), never a colonizer.
War has always been with us.
The twist that the white wars (last 4000-500 years of colonialism) brought with them were religion. Yes, Islam is also guilty of conversion, but nothing compared to Christianity.
Whites saw us as savages that needed to be saved from ourselves and our way of life. We needed to be like you, and believe in your god to be considered human.
The missionaries were always first or a close second to the business folk. It was a masterful strategy, because the missionaries were well funded, gave trinkets (now it is totally shameless, they simply pay people money to convert) and also spread the horror of white medicine (doctors) and white education (missionary schools) to the colonised lands.
And they were tasked with stripping the colonised people of their language, another masterful ploy, yes?
the Stories of aboriginal children in Oz, Native americans in Canada and the US being "humanized" according to the white christian ideal was a new twist.
And it is precisely this cultural imperialism that is the white man's stain and by association, yours, if you cannot see it for what a terrible thing it is.
Outsourcing call center jobs to India is such an ugly modern day version of it. Give people new names, make them change the way they speak and keep them awake nights to service someone on a different continent.
And the caste system... the most mis-represented and mis-understood thing about India. It was a craft division, Warriors/Priests and Teachers/Traders/Labourers/Menial labourers. Nothing more.
It has devolved like everything else has, but like any ancient tradition, it's roots were solidly planted.
And by the way, this all people are equal thing that is sold to us is a lie. What is abhorrent in your culture is perfectly acceptable in mine. We are creatures of culture and so are equal in our little pockets, but not in this "flat" homogenized world. See my point?
Equality is much abused and mis-understood as a concept. Men and women, equal? Give me a break, one is inward, one is outward. Different worlds.
Each can be fully expressed, to the best of their abilities, but everyone cannot be, is not equal.
Tell you can see all of life as one.
Then this discussion would be irrelevant.
"And it is precisely this cultural imperialism that is the white man's stain and by association, yours, if you cannot see it for what a terrible thing it is."
i never said it wasn't, i simply said it was a stain on humanity regardless of the color of one's skin and no culture has hands that are not covered with blood. and if the above is a veiled reference to the color of mine, are you sure your assumption is a correct one 100%? i don't remember ever divulging my ethnic identity here.
"And by the way, this all people are equal thing that is sold to us is a lie."
i deliberately left out the word "equal" in my comment above. i wasn't talking about equal, i was referring to the basic respect for the sanctity of life within each and every individual on this planet, regardless of what color, culture, caste or family they were born into. you may not agree with that, and that's ok, but please note that that opinion completely demolishes your original argument. if you wish for heirarchy, more power to you, just don't bitch when someone else can play the pyramid game better than you.
as for my personal views on 'equality', i shall post the quote i posted yesterday from another thread:
"We are sun and moon, dear friend; we are sea and land. It is not our purpose to become each other; it is to recognize each other, to learn to see the other and honor him for what he (and/or she) is: each the other's opposite and complement." - H.Hesse (a white man no less, imagine that)
sorry but i refuse to be suckered into defending the anglo-saxon patriarchal mindset (and i believe if one were to read any of my humble shouts into the void, they would find an vitrolic criticism of such). however, i also choose to refuse to defend zombie concepts of tribal justice & retribution from those who seek to mask their own outward corruption and inner decay through pointing fingers at the boogeyman du jour.
and if ever confronted with the choice at the barrel of a gun from either side of the silly little game humans continue to make each suffer with by playing, you can look up at trav's avatar for my response (with the small addition of holding up a mirror with the other hand).
funny how two people can be in such agreement and disagreement at the same time, no?
p.s. and yes, i have been to both india & china and one thing i did observe in both countries & cultures is that the unhealthy obsession with the shade of one's skin is much more obvious there than anything that i've personally experienced in the U.S.
i also choose to refuse to defend zombie concepts of tribal justice & retribution from those who seek to mask their own outward corruption and inner decay through pointing fingers at the boogeyman du jour.
Hmmmmmmmmmmmmm...... bogeyman du jour is true though Tip.e.
Look at what they (said bogeymen) are doing to their own people.
That said, I'll put our difference of opinion down to cultural differences and next time you are in India, you are a welcome guest in my house.
Also, please check out the expanded version of my Deepwater website (www.squareandc.net), with the whole philosophical underpinnings laid out. Your feedback and spreading the word would be great. Get in touch via the site if you feel so called.
Cheers.
You are so full of it. You want to have it both ways...the white man is bad, white man's stain and all that, but Indian culture is all good...nothing wrong with the caste system, no sir, it made a whole lot of sense. You fail to mention the Untouchables at all.
And you think Christian missionaries were worse than the Muslims? You have a poor reading of history. Muslim invasions were almost always accompanied by forced (violent) conversion and instituting laws that made non-Muslims 2nd-class citizens in their own countries. Especially in India, the Muslim conquerors were the first invaders to impose their social, legal and administrative systems on the conquered. The Christian effect on your country has been tiny compared to this. The Christian community in India is tiny relative to the size of the country, yet you have 200MM Muslims, so how do you figure that the Islamic conversions were "nothing compared to Christianity". You're just putting your anti-white/anti-Christian biases on display here, it's so obvious it's not even challenging to pick apart your rants.
China has a plan but it is clever, subtle and I doubt GS has anything but a bit part in China's grand scheme.
Subtle...a word seldom heard in the West.
Clever...another one.
Appreciate your thoughts on all matters in your post past and prognosticated, however, I can't agree with your predictions about China. As fucked up as we (the Western World) are (more now lately than in the past), I still think we have a stronger foundation than China. Historically, China has had and still has a complete disregard for human life and rights. Their people would never have enough conviction or cause to take on the world in that type of thing. Well, I'm too tired to go into detail about my thoughts so I'll just leave it at that.
I won't be so foolish to say that Native Americans are better off as a result of our occupation because that's just not true but I will venture to guess that Native Americans are better off it's us who occupied their land verses the Chinese. If it was China, you all wouldn't be hurting; you would be extinct.
Exactly -
Bjennings, I'm India Indian.
And unfortunately, I think we are being primed to be China Fodder. Sadly.
So, I guess we'll see this one play out. I understand about your China view, but also remember, the Chinese are an old culture, very very old. And a lot of their brutishness is recent, more Mao than Tang if you get my drift.
They discovered gunpowder and then used it to make amazing fireworks. :-)
And most historians would agree the Chinese invented guns shortly thereafter, and that the spread of guns through Europe coincided with invasions by the Yuan Dynasty. Granted, of course, the Yuan Dynasty was Mongolian in origin, so the Han Chinese were not directly responsible.
Next time try the green pill. Stay locked in your room. PLEASE.
Where are all the white women at?
That is just stupid. There were no dynatsties in China? Genghis Khan was white? Japan had no feudal lords fighting for power? Persians didn't have an empire? There were no tribal wars in Africa? The middle east never fought over anything for thousands of years? Atilla the Hun ring a bell? Pol Pot? Mao Zedong? Kim Jon Il? Idi Amin?
Thirst for power is a human condition dipshit. Just like stupidity can be as you seem to want to prove to the world.
True story:
A friend of mine (and part-time ZH reader) worked in Japan for 18 months. After completing his employment, he took several weeks to travel throughout Asia, including a stop in China. After arriving at Tienanmen Square, he was so overwelmed by the significance of the site that he began talking up a local about its significance.
Not surprisingly, the local had no idea as to what had transpired nearly 20 years before their conversation. So here is my friend, an American tourist, holding court in Tienanmen Square, educating the locals about a historical event that had transpired right where they stood many years before and been covered up their their government... and he lived to tell about it.
Now, there is absolutely no significance whatsoever to that story, at least as it relates to your comment. Much as how I feel your comment bares no significance whatsoever to the actual story here on ZH that you have commented on. But, I'm amazed at all the places you managed to take your babel!
Let's dig a bit deeper:
Hitler? Check
Cain? Check
Abel? Check
Native Americans (aka The Red Indians)? Check
Aboriginals? Check
BIG MACK DADDY? Check
Half Naked? Check
Taint(ed)? Check
Lust? Check
Sins? Check
Free drinks? Check
Opium? Check
Ahhhhhhh.....? Check
Black-outs? Check
Hey, keep it up, man! Best comment I've read in months.
:-)
Updated DOW charts:
http://stockmarket618.wordpress.com
http://www.zerohedge.com/forum/latest-market-outlook-1
GOLDMAN'S LITTLE RED BOOK:
http://williambanzai7.blogspot.com/2010/06/goldmans-little-red-book.html
a couple recent sinocism posts on the chinese attitudes towards goldman in china:
Chinese Banking Advisor Rips Wall Street Bankshttp://www.sinocism.com/archives/553
As Goldman Sach’s Reputation Sinks, Will The Chinese Government Hire Goldman Alumni?http://www.sinocism.com/archives/393
Blankfein was in china last week. sad to see chinese government grant him a visa, even sadder to see them let him go. he did an interview with a major chinese paper, if you can read chinese: http://www.21cbh.com/HTML/2010-6-4/5NMDAwMDE4MDY5NQ.html?source=hp&posit...
oh my. the squid does have a little problemo over there. thanks for the link.
Wall Street’s culture is all about treating clients as suckers, because adults are supposed to know what they’re doing. But some of these adults are local government treasurers, or managers of corporate, pension and insurance funds, who did not fully understand that these well-dressed, highly educated and trusted Wall Street bankers were selling toxic products. Unfortunately, taxpayers and savers are now paying for this gross dereliction of fiduciary trust.
Thanks for those links.
Its Monday morning . naturally the interventionists will srike out in fury. These people are like the Roman Legion - big, powerful, slow ,stupid and predictable. Just stay out of their way during the predictable Monday interventions. No point taking on the battering ram head on.
Most members of the G20 said they want austerity and not more QE. Tiny Tim had a conniption fit.
The plot grows more interesting.
GLD would never commit fraud. They are a reputable financial institution, like Goldman Sachs.
GLDman Sachs?
:^)
A little short on details here. Doesn't The Chinese government have the power of "no" in all things anyway?
David Cameron's speech on the UK's deficit and debt -
http://www.telegraph.co.uk/news/newstopics/politics/david-cameron/7808191/David-Cameron-Economic-measures-will-be-unavoidably-tough.html
Cameron has confirmed that the UK's total national debt is £770bn. What he failed to include was Private Finance Initiative (PFI) debts - http://www.socialistworker.co.uk/art.php?id=19828- and debts held by previously nationalised companies, such as the £38 billion owed by Network Rail - http://www.risk.net/risk/news/1506098/network-rail-begins-inflation-linked-debt-push
"Government Debt - Fiddling While Taxpayers BurnAlthough the budget has revised down the government's forecast of borrowing and debt, in terms of the big picture it has made virtually no difference. Total debt is still forecast to rise to £1.4 trillion by 2014-15, which is £56,000 for every household in Britain.
What's more, the government's definition of debt excludes a number of items that add hugely to taxpayer liabilities. These include public sector pensions, PFI debt, Network Rail debt, and of course the liabilities relating to the bank bailouts, which extraordinarily are omitted from the official debt total. Adding in all of those items increases our total debt by around £1.4 trillion." - http://www.taxpayersalliance.com/waste/2010/03/government-debt-fiddling-while-taxpayers-burn.html
Debt slaves forever!
Where are Cam's teleprompters?
have another bite of the apple........