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It's Time to Break Up Public Enemy #1: Goldman Sachs

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In early 2009 Goldman Sachs announced record profits. It paid billions of dollars in bonuses made on the back of ailing AIG.   Thank Henry Paulson, former Goldman Sachs CEO and Treasury Secretary under George W. Bush for the $300 billion TARP bailout.   Henry Paulson crammed the bailout of Wall Street and the banking system down the throats of taxpayers.   Ask any economist what would have happened without the bailout?   The most common answer is "things would have been worst."   Wall Street as it was, and still is, would have been done.   Instead the game of sending the vast majority of Americans to serfdom continues.

Connections, Secrecy and Power

If we can never know how Goldman Sachs makes its money they will continue to behave as if they are above the law.   If the law, in the form of the market regulators is in their pocket their unscrupulous deals are, for all practical purposes, legal.   If they are controlling the markets for profit, we no longer have capitalism, competition and fair trade.   If they wield overwhelming power in the financial markets we are all just their pawns and serfs.  

It's Time to Make Demands:

Goldman Sachs has become the most powerful institution in America wielding overwhelming authority over our political system, our economy and the world's financial markets.  It is immoral and untenable that a private entity should ever hold America in its grasp as does Goldman Sachs.  This tyranny must end.

Organizing to end the tyranny of Goldman Sachs is the key to getting our free, fair markets and our representative government back.   Goldman Sachs, Lloyd Blankfein, and all his cronies must be crushed.

As a start: I created a petition to The United States House of Representatives, The United States Senate and President Barack Obama, which says:

"Goldman Sachs has become the most powerful institution in America wielding overwhelming authority over our political system, our economy and the world's financial markets.  It is immoral and untenable that a private entity should ever hold America in its grasp as does Goldman Sachs.  This tyranny must end.  Therefore, we demand the following:

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1)      The Obama Administration must rid itself of all former Goldman Sachs executives in policy making and advisor positions.

2)      Goldman Sachs must be broken into is functional pieces, all collaboration between these entities must be banned.

3)      Each newly independent functional company's operations must be open to public scrutiny."

Will you sign this petition? Click here:

http://signon.org/sign/its-time-to-break-up?source=c.em.mt&r_by=527446

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Take action -- click here to contact your local newspaper or congress people:
It's Time to Break-Up Goldman Sachs - they are controlling the financial markets and destroying America.

Click here to see the most recent messages sent to congressional reps and local newspapers

Chaz Valenza is writer and small business owner in New Jersey. He earned his MBA from New York University's Stern School of Business. His current feature film project is "Single Point Failure" an insider's account of how the Reagan Administration (more...)
 

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It is time to demand that Goldman Sachs be dismant... by Chaz Valenza on Friday, Sep 2, 2011 at 7:36:30 AM
  Money is obviously at he heart of capitali... by Thomas Brown on Friday, Sep 2, 2011 at 8:46:08 AM
I agree with everything you detailed so well.  I ... by Chaz Valenza on Friday, Sep 2, 2011 at 9:04:55 AM
"complete knowledge of the FED", we need to ELIMIN... by comncents on Sunday, Sep 4, 2011 at 4:48:43 AM
Calling for dumping all the Goldman Sachs employee... by Rob Kall on Friday, Sep 2, 2011 at 11:29:14 AM
He's planning on moving up from president to chair... by Miriam Callaghan on Friday, Sep 2, 2011 at 1:53:33 PM
Goldman Sachs is certainly a problem, but putting ... by R A Bows on Friday, Sep 2, 2011 at 11:38:26 AM
The public outrage and anger needs a focus and an ... by Chaz Valenza on Friday, Sep 2, 2011 at 11:45:46 AM
a very valid point; and while it is your right to ... by comncents on Sunday, Sep 4, 2011 at 5:05:04 AM
The solution is to drive a stake through the heart... by Southern Style on Friday, Sep 2, 2011 at 4:24:47 PM
But you have to isolate one target. Just the Union... by Chaz Valenza on Friday, Sep 2, 2011 at 5:49:15 PM
Nice article but, unfortunately, you nailed the wr... by Southern Style on Friday, Sep 2, 2011 at 4:08:33 PM
you'll find a roster of the usual suspects, includ... by John Sanchez Jr. on Friday, Sep 2, 2011 at 5:03:15 PM
More people hate Goldman Sachs.  They are the... by Chaz Valenza on Friday, Sep 2, 2011 at 5:51:31 PM
coming under Justice Department scrutiny for their... by John Sanchez Jr. on Friday, Sep 2, 2011 at 4:59:02 PM
We cannot let the actions of the Justice Departmen... by Chaz Valenza on Friday, Sep 2, 2011 at 5:56:01 PM
No wonder Michael Moore is promoting actor Matt Da... by Robert James on Friday, Sep 2, 2011 at 5:18:06 PM
the ocean.  A start.  A targeted start w... by Chaz Valenza on Friday, Sep 2, 2011 at 5:58:03 PM
The Obusha administration.... by Paul Magill Smith on Friday, Sep 2, 2011 at 9:22:08 PM
"Until Goldman Sachs is decimated American democra... by Rixar13 on Friday, Sep 2, 2011 at 6:39:44 PM
"Until Goldman Sachs is decimated American democra... by Rixar13 on Friday, Sep 2, 2011 at 6:42:12 PM
, but mostly agree with Mr. Bows.  Jeffe... by Paul Magill Smith on Friday, Sep 2, 2011 at 9:01:12 PM
Where I agree with you, Chaz, is this fight can't... by Paul Magill Smith on Friday, Sep 2, 2011 at 9:03:47 PM
RE: The Fed - the public doesn't know enough to ha... by Chaz Valenza on Saturday, Sep 3, 2011 at 6:19:40 AM
about American ignorance regarding the FED, all ma... by Paul Magill Smith on Saturday, Sep 3, 2011 at 9:54:03 AM
Goldman Sachs !!! Even the name sounds like someth... by John Russell on Saturday, Sep 3, 2011 at 5:40:59 AM
The Golden Sachs Rule: treat bankers like lazy ph... by . . on Saturday, Sep 3, 2011 at 9:28:38 AM
Rob! Your's, is a very tall order! Break-up G... by syed mahdi on Saturday, Sep 3, 2011 at 2:43:31 PM
and maybe it's not as outlandish as it seems, in t... by Chaz Valenza on Saturday, Sep 3, 2011 at 7:33:57 PM
************************************repost about G... by Amelia Gora on Sunday, Sep 4, 2011 at 1:37:27 PM
Goldman Sachs is not public enemy # 1 all by itsel... by Gary Brumback on Friday, Sep 9, 2011 at 8:07:09 PM