Announcement

Collapse
No announcement yet.

David DeGraw

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • David DeGraw


  • #2
    Re: David DeGraw

    Apparently the article by David DeGraw, AmpedStatus Report behind this interview on Max Keiser is at How the SEC and Congress Can Bring Down Goldman Sachs and Expose the Financial Coup:
    Not only did Goldman Sachs profit on betting against CDOs they designed to fail; more importantly, they insured them through AIG which led to a $182 billion taxpayer bailout.

    ...

    The bottom line is, these are the illegal activities that led to our current crisis and what amounts to trillions of dollars lost to theft and outright fraud.

    There is no question that Congress and the SEC have been derelict in their duties thus far, and possibly criminally negligent, and this all could very well just be more show trials that are psychological operations to make the US public think that there is actually accountability and a rule of law. However, if Congress and the SEC can stay the course and follow this investigation through, it will lead them right into the heart of an intelligence operation designed to take down the US working class taxpayer and enrich the wealthiest people on the planet.

    A bold claim, but if Congress and the SEC are actually concerned about the interests of 99% of the US population, their investigation will lead them down this path, which will eventually bring down Goldman Sachs and expose the Financial Coup.

    The American public must demand that this investigation proceed along these lines. We are literally confronted with the greatest theft of wealth in history and the consequences of this are only just beginning to reap their toll.
    P.S. -- After sort of half listening to this interview of David DeGraw by Max Keiser and glancing briefly at DeGraw's website, he strikes me as a little too alarmist for my preference. For example near the end of this interview, DeGraw overly dramatizes the recent famous "100 to 1" "leverage" claim regarding the LBMA.
    Last edited by ThePythonicCow; May 03, 2010, 01:06 AM.
    Most folks are good; a few aren't.

    Comment

    Working...
    X