I tweeted this the other day, but it needs to be pounded and driven so as many people as possible know and understand it.
That title comes from a tweet by Eric Hunsaker of Nanex. It is morally incorrect, obviously, but it rhetorically drives home the point.
I was encouraged yesterday by a person whom I did not expect to be following such news asking me if I had heard about “those Goldman Sachs tapes”. It was a sweet moment. “Yes,” I said. “Yes, I heard about that.” It is critical that as many people as possible have at least a cursory understanding of these things, because most of the people who are talking about them today, or are able to provide any level of education or leadership with regards to these concepts and issues, will not survive the war. So, the “hedge” against the attempted purging is to get as much of the information out into the broad populace as possible, as early as possible. I have a friend who is literally the most knowledgable person alive – the global authority – on a very specific and desperately critical area of expertise, which is rapidly being forgotten and purged from civilization. If he were to be hit by a drunk driver, or if his pancreas was to explode into cancer, I shudder to think at the loss to civilization that would result (after I shudder to think of not seeing him again personally in this world, of course). Thankfully, we have today the ability to record and disseminate information and thus “hedge” against data loss like never before – in fact, we can even record data in the audio and video formats, which adds a level of comprehension and nuance to datasets that has never been possible before. We have the equivalent ability of hearing Shakespeare read and INFLECT his own lines. In terms, especially, of objective datasets, we really do have an obligation to get data laid down, copied and spread, so that apres la guerre those remaining will have the tools they need to get about the business of rebuilding – and rebuilding on a solid foundation. There is no reason whatsoever that a calamity analogous to the burning of the Library at Alexandria should happen now. None. If it happens, it will be because we, in our sloth, shortsightedness and callous indifference to those who will come after us on the timeline, allowed it to happen.
The Enemy’s malice is four dimensional, every bit as intent on raping, pillaging and destroying the souls of people who have not yet been born as those of us alive today. Our charity, likewise, MUST exist in four dimensions, every bit as fervent for souls with whom we will never share this mortal coil, separated by rivers, seas and oceans of time.
So, here is where I explained in Part 7 of my Economic Presentation from November of ARSH 2012 what has now been proven by Carmen Segarra’s tapes. I *think* the video should start playing at the right spot (5:16). I’ll even transcript it for you:
And you say, “No. How is that possible? How can that be? How can Goldman Sachs be running at 545 times leverage relative to its assets?” And the answer is, because Goldman Sachs and the United States government are, for all intents and purposes, the SAME. FISCAL. ENTITY. And if anybody has any explanation other than that, I would love to hear it. And again, I would just encourage you to look at the people who are populating the United States government, the bureaucracy, the federal reserve banks. And look at their CVs. Where did these people come from? They came from Goldman. ‘Kay? Again, I don’t like the whole conspiracy theory worldview, but sometimes it’s real. And when it is real, you have to be brave enough to face it. That’s it.