Monday, May 3, 2010

Obama White House - A Division of Goldman Sachs



GOLDMAN SACHS DONATED $1,007,370 TO OBAMA IN THE 2008 CAMPAIGN.
THE FIVE BIGGEST HEDGE FUNDS DONATED ALMOST ALL OF ITS MONEY TO DEMOCRATS; THE FIVE BIGGEST RECIPIENTS WERE SEN. CHRIS DODD (D-CT), SEN. HARRY REID (D-NV) AND SEN. CHUCKY SCHUMER (D-NY).
THE CURRENT CHAIRMAN OF GOLDMAN SACHS CHAIRMAN LLOYD BLANKFEIN ENDORSED THE DEMOCRAT'S WALL STREET REGULATION BILL. Guess why? Wall Street loves the $50 billion permanent "bailout fund" whereby big banks like Goldman Sachs can get bailed out with this slush fund and no further embarrassing congressional action would be needed. Goldman Sachs, like the government, doesn't have money of its own, its contribution to build the bailout slush fund will come from its clients (taxpayers).

What are the links between Goldman Sachs and Obama? First, Rahm Emanuel, Obama's Chief of Staff, worked for Goldman Sachs and made millions. Other major links directly in the administration, or closley allied where they affect national economic policy, include:
1. Dianna Farrell: Obama Administration Deputy Director, National Economic Council; former Goldman Sachs Financial Analyst
2. Stephen Friedman: Obama Administration Chairman, President’s Foreign Intelligence Advisory Board; former Goldman Sachs Board Member (Chairman, 1990-94; Director, 2005-)
3. Gary Gensler: Obama Administration Commissioner, Commodity Futures Trading Commission; former Goldman Sachs Partner and Co-head of Finance
4. Robert Hormats: Obama Administration Undersecretary for Economic, Energy and Agricultural Affairs, State Department; former Goldman Sachs Vice Chairman, Goldman Sachs Group
5. Philip Murphy: Obama Administration Ambassador to Germany; former Goldman Sachs Head of Goldman Sachs, Frankfurt
6. Mark Patterson: Obama Administration Chief of Staff to Treasury Secretary, Timothy Geitner; former Goldman Sachs Lobbyist 2005-2008; Vice President for Government Relations
7. John Thain: Obama Administration Advisor to Treasury Secretary, Timothy Geitner; former Goldman Sachs President and Chief Operating Officer (1999-2003)
8. Reuben Jeffery III: Obama Administration undersecretary of state for economic, business, and agricultural affairs; former managing partner at Goldman Sachs
9.Neel Kashkari: Obama Administration assistant secretary of the treasury for financial stability, responsible for administering the TARP funds.former Goldman Sachs vice president.
10. William C Dudley: NY Federal Reserve Current President/CEO; former Goldman Sachs Partner and managing director – 2007
11. Stephen Friedman NY Federal Reserve, Former Chairman of the Board – 2009; former Goldman Sachs Board Member (Chairman, 1990-94; Director, 2005-)
12. Edward Liddy: Current Title: AIG CEO; former Goldman Sachs Board Member (Chairman, 1990-94; Director, 2005-)
13. Duncan Niederauer: Current Chair/CEO NYSE; former Goldman Sachs Managing Director – 2007

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