Friday, 16 March 2012

Masters of the Universe


Yesterday, a senior member of Goldman Sachs city bank quit his job by going public about the 'toxic' environment within their offices, and the disgraceful way that the bank's investors and clients were being fleeced for every penny that could be squeezed out of them.

The bank refers to it's clients as 'Muppets' apparently, and far from G.S. doing their job by looking after their interests in the best way possible, they are merely seen as fools to have trusted G.S. in the first place, who deserve every underhand trick that is played against them. If a respected institute such as Goldman Sachs treats it's wealthy clients in this way, then you can only imagine the prevailing attitude toward the customers of the other banks that poorer people are obliged to use almost by law, so that they can be milked for smaller amounts - but in larger numbers - making high street banking the obscenely profitable business that it has always been and still is, even in times of financial crisis.

It really is not an exaggeration to say that if the banks saw an opportunity to legally take away every penny you have worked hard all your life to save and leave you starving in the streets, they would do so. Many of them have even shown a willingness to do this illegally if they thought they could get away with it as well, such is the psychopathic and anti-social nature of the scum that run our financial institutions these days.

Strong words? Think about it. If anything, they are not strong enough. The ex Golman Sachs employee - Greg Smith - described the global banking network as "A vampire squid wrapped around the face of humanity" and he ought to know what he is talking about. That one comment knocked 3 billion dollars off share prices in Wall Street alone so, once again, it is the investors that pay for the damage caused by banker's criminally irresponsible behaviour.

The mere fact that such a vast amount of money can be wiped off the value of shares world-wide by one comment is an indicator that the money never existed in the first place, and that the bankers' prime objective is to add intangible value to almost worthless stock - a job for which they are paid vast amounts of money - real money - even if they fail.

When all this shit hit the fan a couple of years ago, London bankers (if there is such a thing in the global banking world) threatened to move out of the City to any other country that was a little more sympathetic to their kleptomania, and most people responded to this hollow threat by saying, "Bye! Off you go then!"

In the unlikely event that the global banking mafia's stranglehold around the necks of starving people (once again, not an exaggeration - global food shortages make 3rd world staple diets an extremely lucrative commodity in today's climate), what would we be left with?

Something like the old Cooperative Bank which only dealt with real money or real goods, and shared the profits as dividends amongst it's members.

The bank that I have been with for over 30 years used to be - like many others - a Building Society which was owned by it's members. Then one day, it's members' human greed was exploited by the organisation, by being offered a couple of thousand pounds to give up any interest in it at all, and allow it to become a private bank. Where did they find this money from? Why, it came out of the members own accounts, of course. They simply hood-winked all the Muppets into accepting their own money as a 'gift', so that they could get their sweaty hands on the rest of it.

As this con was being perpetrated on the stupid but hard-working British public, everything else was being sold off as well. All the services like the rail network, electricity board, water board, refuse collection, bus services, etc. etc. were turned into private companies by the lure of a quick couple of grand from buying into them as they were carved up. The Muppets were - once again - hoodwinked into buying something which already belonged to them, payed for by generations of tax-payers going back well beyond their grand-parents. The self-styled Masters of the Universe have pretty much got their hands on everything now, and they have very large and very strong hands. Trying to prise it all from them seems - right now - an impossible task.

I know I keep going on about the BBC (British Broadcasting Company), but this is one of the few bits of British family silver which has not - as yet - fallen into the hands of vampire squids like Rupert Murdoch and his horrid little son, who would have dearly liked to get their hands on it by conning the Muppets into believing that they deserved to add it to their already vast portfolio, and by bullying the British government into denying the BBC the licence funding that keeps it going as it has done for almost 100 years, without advertising. We are currently in the process of kicking the Murdochs out of the UK, and it looks as if - this time - we may be successful. Wish us luck.

17 comments:

  1. This comment has been removed by the author.

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    1. Absolutely right, Cro. Makes a change.

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  2. Whilst The City continues to produce 10% of the UK's GDP, and 17.5% of it's Tax Revenue, would ANY government be hostile? They've got them feeding out of their hands!

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    1. It - sadly - isn't 17.5% of all money earned. The deductibles (which do not include off-shore) include whole office-blocks full of accountants, which make damn sure of that.

      There is one billionaire here in GB who voluntarily pays more personal tax than ALL the rest put together. This one has a true sense of social responsiblity.

      Anyway, who pays the rest of the GDP? - the other 90%?

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    2. and sadly that 90%, as individuals, don't have the arm-twisting muscle of The City. It'll change.... it's in the air.

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  3. What a fantastic post Tom ! It;s sadly not much better here in the US. More and more government hands in our pockets and up our bums about things they have no business looking into. When I left nursing last year we took 25 years of 401 K plans and cashed them out sinking them into our farm. If we loose it all at least it was ours to begin with!

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    1. Your farm - and your nursing care - is/was REAL Donna. You won't fail.

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  4. Yes, indeedy! The banks are laughing all the way to the ....! And I'm sure they've not finished with us yet.

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    1. No, indeedy - they sure haven't. But, then again, we haven't even STARTED with them yet.

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  5. Yes I read that Goldman Sachs thing in the papers.
    Do you remember the man from the Pru who used to call once a week for your penny? Recently the farmer got a nice little windfall which they found they owed him - those were the days eh?

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    1. I have a 70 year old friend who paid about £150 into some insurance scheme which he had forgotten all about. They recently gave him about £12,000. He now wishes he had continued paying...

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  6. You're right. It's human nature to be greedy to some extent, which is why building societies get gobbled up by 'them' by dangling the money carrot.

    Sometimes it seems we are faced with a plain stark choice of either being a predatory B'stard or one of the apathetic sheep.

    I'd rather be a sheep. Baaaa.

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    1. Yes, but I would like to be able to make that choice when there are no people dying of hunger in the world that we call the global market. Then I could enjoy the success.

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  7. I find your warmth and charity towards the members of the banking ... "profession" ... reprehensible. I have long since ceased referring to them as scum on the grounds that I like bathroom scum so very much more than bankers.

    They deal in purely imaginary money except when it comes to themselves, their salaries and bonuses, or carving up some muppet punter, at which point they syphon off real value.

    The only thing they lack is the black highway robbery mask (and a nice hemp rope around their necks). Bankers, estate agents, insurance companies ...

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    1. Yes these absolute shits have been allowed to control everything that ordinary civilians cannot do without. Housing, food, mandatory insurance, and banking. The way they have handled banking now means that we no longer laugh at the pensioner who keeps their life-savings under the mattress at home - we now actually envy them for being so shrewd.

      The rest of us have been forced into a life-style which makes banking an all-pervasive and vital mechanism to maintain a basic standard of living. I could not be typing this now if I had no bank account, and my accounts are set up to make the 24 hour a day, 7 days a week, 365 days a year fleecing of me, effortless for the bankers.

      Don't you feel like murder when an irate phone-call to a call centre ends with the nameless bastrad on the other end saying, "Is there anything else I can help you with?"

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  8. In the process of writing the above, I had a phone-call from a barrister that I am doing something for, and now I have reverted to the state of mind that I was in when I wrote the original text.

    When most people work, the work is hard and arduous, and the renumeration is small. With about 5% of the rest of professionals, the reverse is true.

    I can also confirm that it is NOT true that one becomes more right-wing as one gets older. You just become more tired and cynical, that's all. Happy Saturday.

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  9. Super post.

    Thanks to the financial media political nexus we're not allowed to use the money we have in the way we want....in case one of the financial institutions loses the chance to make something off our backs.

    But look how easy it is for the MotU to bribe people...look at the council house sales, let alone the takeover of the building societies...

    By the way, I think the BBC are paying Murdoch for the right to be seen on Sky...I could be wrong on the detail, but paying him they are.

    Do you follow 'The Slog' by any chance?

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