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More Headaches For The Goldman PR Department: Here Comes The (Soon To Be) Viral Goldman Sucks Video
Yesterday we had the Cleveland Fed posting videos complete with the Ben Bernanke doodles of 3 year olds explaining how the Fed should (but does not) work. Today, we have a much more entertaining (and thus sure to go viral) 10 minute long, easily digestable summary of the firm that took the face of humanity, inserted its blood-sucking proboscis, and sucked (to borrow an allegory). Now that Goldman has added blogs and other web-based media as a risk factor in its 10-K, we wonder if next year's version will also include references to viral YouTube videos disclosing "unsubstantiated" facts about the firm. And for a somewhat more somber look at the real headwinds facing Goldman's PR department, we urge readers to read Jonathan Weil's piece today: "Goldman's Reputation Is Blankfein's Job No. 1."
Presenting - Goldman Sucks
h/t George
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Surely this will cause GS to rally to $200.
GS Town Hall?
http://www.dailymotion.com/video/x71zxa_straight-talk-stock-market_fun
so uhhh buy $gs?
The paulson model pick at 7:11 hahaha!
Fuck Goldman Sachs
I second, and call for unanimous consent.
Oh, not fuckin Bunning again!
Oh Please can I buy US equities!?
Wonder what would happen in we took all the ex-Lehman people and put them incharge? LOL, that might kill the squid.
Boo-hoo.
viral video attention span is roughly 1:00, though keyboard cat can extend that by 30 seconds or so.
backburnernews put this video out yesterday.He made another vid that was a hit for a while, called" fred wakes the sheep".
On utube we pass this around and yes we are waking up . Zerohedge gets the educated and moneyed crowd and utube seems to be a great vehicle for the masses.
We may not be able to beat the powers, but we will be prepared for the bad days to come.
Keyboard cat FTW
Lloyd will soon be relegated to Goldolock's 7th Circle of Hell (Administrative Head Monitor for Appropriate Toner Cartridge Usage) for letting the PR machine fail so pitifully.
Look up "letting the cat out of the bag".
What a great clip, I'm embedding it in all the sites I visit!
Same here. Already seen it on two more sites. I plastered it on Chrismartenson.com to boot.
lol @ 8:28
Coming soon, the Fed bans public criticism of Goldman Sachs for the greater good of the economy.
Slightly OT, but where are we to go from here? To warm-over an analogy I used yesterday on a different thread, if informed people understand a hurricane is going to be making imminent landfall, what's the use of endlessly analyzing & debating either confirming and/or contrary reports?
To continue the analogy & address the relevant point of the question: Yes, buy gold & withdraw your money from the banks in order to have accessible, ready cash. Now what? Get out of Dodge? Is that it - just return when the dust has settled?
How does this apply to the world in which we actually reside? I would assume many, in not most, ZH space monkeys are interested in two primary goals: (a) make some money; and (b) fix the system. Fixing the system entails applying corrective measures so that capital efficiencies are restored in which to gain real wealth productivity improvements. Making money involves having a proper understanding of fundamental factors governing capital & production and investing accordingly.
OK, enough with Polical-Econ 101. How do we get there from here? Just voting in November? That ain't gonna do it. Yes, it may (unintentionally) start us down the long road towards an eventual solution, but how do we survive (and thrive) during & after the storm? The survival sites cover the basic tactical requirements perfectly well. There are endless lists of the types of resources one must have/protect in order to survive.
But what about regional location reports and ongoing daily/weekly/monthly assessments? Since I am a big fan of both metaphors and WWII analogies, consider the Battle of Britain as a working model. (No, I'm a Calif native, but I did spend my junior year in HS at a British sovereign base school on a small island in the Med, and have spent a lot of time in GB before and afterwards.)
The endless discussion of how we got here or deflecting the ongoing 'green shoots' propaganda campaign could be compared to people wasting their time after the fall of France with regards to Camberlein, Hitler, Stalin, etc, etc. Where does it get you? Likewise, the survival blog sites could be compared to actual, specific hands-on manuals regarding operating, maintaining & repairing armaments, airplanes, etc.
But, and this is what I'm driving at (and sort of looking to the board for some ideas), where are the coastal spotters, the radar installations, the lo-freq radio fields, the relay stations, in short, the entire command-control structure for conducting this period of the war?
How would this apply to a place like California? As many might well imagine, there are thousands of state, local, district, etc muni bonds issued in this state alone. They are all tied in one way or another to the Big 3 taxes: personal income tax (PIT), sales & property taxes (corporate comes in a distant 4th). The ratings agencies tend to merely look at the various revenue streams pledged against the respective bonds, with a nod to general economic conditions, and make their ratings accordingly which are targeted at their investor subscription audience.
But where is the more concrete feet-on-the-ground 'coastal spotter' information necessary for those who wish to both survive & thrive? For example, out of thousands of bonds, if I knew tiny Bond A secured by property taxes in little city B had a certain demographic composition, that its economic base was subject to various other factors all coming under tremendous pressure, and that the city had engaged in some particular arrangements with various public sector unions, what information could I glean to my advantage to both survive the ensuing crime onslaught (from huge service cutbacks), the resulting deflationary effects of reduced spending, and escalating bond pricing spreads?
Now, multiply this type of G2 times hundreds of thousands of instances across our fair land. Is the information useful ie is it filling a gap, and if so, is there an opportunity in creating this type of resource? Clearly, it's a network model scaled to a very high degree. Comments, questions & observations welcomed.
Policymap.com is a free/subscription website that complies all sorts of data - census, irs, housing, neilsen, user uploaded, et al. It can do what you want.
I too am a visual person...I feel this is a salient concept. However, it would certainly take a LOT of footwork to create a complete map of financial instrument regions across even CA and the interdependancies between them, and on external data such as jobs reports, credit markets.
That said, a forum like ZH is probably a good place to start!
This could be one of the most powerful information tools that could be created...
Policymap.com is a free/subscription website that complies all sorts of data - census, irs, housing, neilsen, user uploaded, et al. It can do what you want.
You freaking salesman troll
j/k - Looks nice actually
One of their customers supposedly is "Wachovia Regional Foundation" and none other than FRB Philly
Give it time B9K9, give it time.
Pressure cookers need to build up heat and steam before they blow their lid off.
Right now the pressure is building up.
Patience my friend, patience. There's still many to wake up. Can't change things until you reach a critical mass. That means letting the top blow off.
Good analogy.
What a risk to provide life-saving information to those that may soon be enticed by Fed-funded agencies to denounce "radicals" for a petty reward at most. I'm still trying to figure out how to keep "chained" family/friends from lashing out after distracting them from their shadow-watching routines.
http://www.youtube.com/watch?v=L9p8LXD5UDs
DeadHead mentioned on another thread that the Fed is already "sponsoring" bonds in CA and IL.
Just f'ing brilliance.
look for Goldman to step in front of Germany and start buying Greek islands to help greeks raise cash .
http://www.thelocal.de/politics/20100304-25667.html
I thought this was going to be from the "Colbert Report" from last night.
Just as good though not as funny.
Note to Vampiresquid:
No amount of public relations on your behalf will change my feelings, perceptions and attitude about your firm, the people you employ, your situational ethics, or the short-term, self-enriching, profit maximizing behavior that drives every action you take regardless of the consequence to your counterparty.
I appreciate videos as shown above, because it helps me build person to person awareness of your vampire squidliness.
I admire individuals and organizations that create value. But I see no need for a company (such as yours) whose sole purpose is to extract value through any and all means. In biological terms, I'd categorize you as an opportunistic parasite.
And so, enjoy the flick. I'll be doing my part to ensure many people get the opportunity to view it.
i completely share your sentiment,and thank you for stating it.
This is greatness.
It sounds like he's just rereading Matt Taibbi's "vampire squid" article verbatim.
Yes, that's what I thought.
It does. But considering that the vast majority of people today don't get past the first paragraph of anything, putting Taibbi's article to video should be considered the highest of public servce projects.
Precisely! Most Americans have the education level of... and that is possibly be design yet that is another topic for discussion. Anyway.... As such, they do not read a high quantity of information and their comprehension may be less than desired. The video greatly aids in 'telling the story' of the Vampire Squid to those who may need audio and visual aids. It also helps as it puts faces to the names so when they see the GS Vampire Squids on TV they can put 2+2 together.
Exactly. Faces with names, in context of the grand scheme, with humor, all in one place, is gold. It's the freaking man behind the curtain and seemingly few really care - even the "informed" prefer the political reality-TV squabling to the Desert of the Real.
wait...so goldman forced loose mortgage standards on mortgage providers?
And uhm...the head of bank of Canada head is a goldmanite and thats why Canada is...doomed?
Pretty Fox News stuff here.
Go back to Langley, troll.
Great clip ...
One presentation mistake @5:02. Bank of Canada is shows as National Bank of Canada (a commercial bank) and wrong photo of the building.
Nonetheless, the underlying message is correct- Bk of Canada Chairman, Mark Carney is a former Goldman(ite).
Should we frontrun GS and buy CarbonCredit futures?
Wonderful "light-hearted" presentation suited to the viewing pleasure of the idol set.
"rigged in advance"......that's catchy!
The biblical revelations can't come to pass without Goldman doing god's work.....right? Might as well be entertained during our trip down the primrose path.
Can humanity go on strike against heaven?
40muleteam borax
Am I the only one who noticed that this video is sponsored by:
http://lebed.biz/
http://en.wikipedia.org/wiki/Jonathan_Lebed
?
AKA George4title. Well spotted.
Did you ever read the Michael Lewis(Liars Poker), NYT piece on Jonathan Lebed...hysterical.
http://www.nytimes.com/2001/02/25/magazine/jonathan-lebed-s-extracurricu...
And?
It's Matt Taibbi's material. George put faces on it. Does he have motive? Don't care. Didn't see any motive in it. Saw a great video stream put to Taibbi's original work.
"Who did it" is a powerful cognitive trap that we all, myself included, fall into. It's not always relevant, and too often weighted too heavily in determining credibility.
Truth stands on it's merits. Regardless of who puts it forth.
Nevertheless, the fact that you found that shows that the gears between your ears are moving. Can't say that about 99.99% of the public, can you?
I think THAT'S The Problem and if this video gets people's brains moving, even just a little bit, then all the better.
LOL that was awesome. For some reason it was Taibbi all over it.
We need to build a competitor big enough to bite the arms off this Kraken.
Narrator voice is creepy
One major problem with this video is the pretext in beginning that says GS is the creation of a free market, which is bupkis. GS (in current form) is the natural creation OF a democratic society and it's gradual downward sprial of power gluttony.
Then again, you have to speak to what the masses think is the story, and they certainly like their 'protective' democracy don't they?
johngreen,
You have uncovered an insidious wrinkle most people don't ever really recognize. By speaking to what the masses think is the story, so that you might expose one particularly egregious "evil", you inadvertently help support other parts of the overall control system, the big lie, the cover story.
It's almost impossible to tell the truth in a manner that would be comprehendible to the slumbering masses without perpetuating other portions of the lie. Damned if you do, damned if you don't. And this always comes back to bite you in the rear. It's the equivalent of using your enemies currency to purchase the weapons to fight your enemy. This means your enemy still retains some control over you.
Having seen other posts from you, I assure we are of the same mind.
By chance ever read "Art and the Zen of Motorcycle Maintenance"? It's immaterial to our position, but goes into similar nuances of learning the truth.
"By chance ever read "Art and the Zen of Motorcycle Maintenance"?"
Yes I have, several times. It was mistakenly given to me by a family member. I have been riding motorcycles since I was 6 years old (started on a too-big-for-me Vespa Motor scooter) and I'm still going strong 50+ years later. When I turned 40, a family member saw the book in the local Barnes and Noble. Without reading the inside jacket, she assumed it was about motorcycle maintenance, which it kinda sorta is, and thought it would make the perfect gift for the motorcycle maniac, which it was in a kinda sorta way.
Anyway, I've had it ever since and I pull it off the shelf every few years for a refresher course in humble pie and self awareness.
Truth is . . . elusive.
I think it is time (present company excepted, of course) that the majority of people start memorizing some of the stuff below:
http://sonic.net/~doretk/Issues/96-01%20JAN/endingcorprule.html
http://www.celdf.org/ProgramAreas/CorporationsDemocracy/CorporationsDemocracyIndex/tabid/108/ctl/Edit/mid/429/CorporationsDemocracy/ACitizensGuidetoCorporateCharter/tabid/104/Default.aspx
http://www.christopherketcham.com/?p=135
http://michaeljamesbarker.wordpress.com/thesis-outline/
Also, be sure you have familiarized yourself with the IMF-affiliated Egmont Group and all those F.I.U.s they claim are in operation at all the Offshore Finance Centers.
Also, refamiliarize yourself with the Wolfsberg Group, and the Group of Thirty.
I'll be back with more answers at a later time.
Wow. Do post more. This is some great stuff.
So where do I buy these carbon credits or profit from their rise directly? (not gonna buy GS)
Well edited but they missed a bet not getting the Tiger Woods Country Club angle in there somehow. Now that would get goin' viral.
More like some of Woods' mistresses and their ta-tas.
The danger is when all profitable games have been eliminated. A singular control of everyone will lead to one outcome.
The hubris will be their undoing. This has been played out time after time.
Peace
Has anyone looked into the saga of Martin Armstrong? If his story is even close to true, GS had him put in jail for 7 years on contempt of court charges and then stole his business and his Economic Confidence Model. And that is not the end of the story - http://www.martinarmstrong.org/economic_projections.htm
His writings from prison make interesting reading.
Goldman will sooner be broken up than this video goes viral. This was about the worst most boring video ever of this financial escapade. Another Hilter parody would have a better chance of being more catchy.
-Hater
Inglorious Turks once said: Sooner the sky will fall on earth than Ismail surrenders. Result? Suvorov captured Ismail and kicked Turk's asses.
THE SUB-PRIMOS: http://williambanzai7.blogspot.com/2010/03/sub-primos.html
And the Squid is up over $5 today alone....
I'd sure like to see ZH give more prominence to Jonathan Weil's opinion pieces.
One of the few main stream financial media writers who tells it like it is.
Yeah but as awesomely supersmart as they are at Golden Sacs, they NEVER SAW THE MELTDOWN COMING. Just ask Blankfein. It was unavoidable. At least Dimon said we have one every five to seven years. If we had the government loaded up to the fucking gills with JPM douchebags we could have been getting ready in 2005 for the unavoidable unforeseeable disaster that was sneaking up on us from around the corner in the black of night. The Horror! Then I would still have my nice big house and desperate housewife instead of living in a ford econoline under the I-95 overpass. Fuck.
Be thankful. You have the internet and a computer, one assumes.
Goldman is just another instrument in this orchestra and not the conducter.
See the pattern. The masses aren't happy with the presidential candidate so they find one you will be happy with. Gore too soft and not conservative enough ok take Bush the christian conservative that played that group like a fiddle. Ok you don't like war mongering Bush, heres Obama a peace loving minority that will certainly help the common man and not those dirty politicians. I could go back further but this would be a very long post. It doesn't matter who you elect it will be the same agenda. BTW I think Kennedy and his brother tried to buck this agenda.
when they weren't banging Marilyn like a screen door in a hurricane.
Fringe benefit . Hey nobody is perfect.
Back then, Financial Instruments of Mass Destruction did not have the stranglehold worldwide that they gradually evolved into today, like a slow growing malignant tumor that feeds itself on the blood of the host. It was merely a harmless tic bite in the 60s.
No comparison, and if the Kennedys were alive to run today, they would be in the forefront of the corruption, or the men behind the curtain, The Tribe of geithner,orszag,
bernanke,summers,paulson,greenspan, rubin, gensler, kashkari, cassano, dudley, friedman,fuld, frank, thain,dodd,mozillo,o'neal, et al, wouldn't let on first base.
I wasn't comparing the financial crisis of the 30's to today, but rather the pattern of the pacifying of the citizen in what they seem to want, and then carrying out their agenda regardless of who is elected. I will make this comparison that both crisises were because of easy credit.
The Kennedys (Joseph) were involved in many criminal activities, but to me it appears that when elected that that weren't going along with the program.
1.Planned to withdraw fom the Vietnam war.
2.Planned on printing their own money, not using the fed.
3.Were going to scale down the CIA and fired Dulles.
4.Prosecution of the mafia of which Hoover denied existed.
5.Reorganizing the unions.
I could go on but these alone made them some powerful enemies.
Good video, but I think this gets to the point more directly... an oldie but goodie!
http://www.youtube.com/watch?v=yge311sFhC8
Off subject, so who made the big buy in an attempt to trigger technical buying at the open this morning? That's one hell of a candlestick to get it above the Death Cross and past the 50 & 200 DMA. Not to mention the positions taken in GS Calls across the board. Is someone trying to stave off a sell off with this sucker or what?
Took a look at the sponsor of this video's website (lebed.biz) and now I have a migrane. Worst web design ever.
we need a william wallace of 2010. we can sit here and bullshit all day long but its not accomplishing a god damn thing..we need action. and "they" need a wake up call..
freedom!!!
here's the original post by youtube user BackBurnerNews
http://www.youtube.com/watch?v=gdjVISS6NP0
for those asking about credit to Matt Taibbi, u will notice that credit and context given in the "More Info" section to the right of the video post on YT.
the vid creator has also stated desire to rip & repost at will.
(i'm a subscriber of BBN on YT.)
YT/KnowledgeDriven
matt taibbi in pictures.
hell is not an appropriate punishment since they worship satan.
"Most Jews do not like to admit it, but our god is Lucifer."
An exact quote of Harold Wallace Rosenthal, former top Administrative Aide to the then Senator Jacob Javits, who was defeated in the 1980 election.
"What you are about to read should act as a Warning to all non-jews throughout the world. It hopefully should open the eyes of many."
"It becomes indeed obvious that what he discloses is not fiction. It is not imagination! He was not pretending as he spoke with knowledge and intelligence. Many things have been said and written about the One World Jewish Conspiracy but never has it been described so openly. It staggers the imagination. Their plans are shocking and many will be astonished at the contents of this document. NOTHING like it has ever been told before."
http://thelastoutpost.com/articles/zionism-jewism/the-hidden-tyranny-par...
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