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

By   Follow Me on Twitter     Message Chaz Valenza     Permalink
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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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