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national bank.
The fact that Mario Draghi got the blessing of the Members of the European Parliament (MEPs) was appointed as Head of the European Central Bank could be seen as the greatest coup of Goldman Sachs in Europe. The entanglement of their interests with politics is quite obvious. Bush’s Finance Minister Hank Paulson as well as Clinton’s Finance Minister Robert Rubin both came from Goldman Sachs. Obama’s Finance Minister Timothy Geithner and his Secretary of Commerce Robert Hormats also belong to the chosen few who at one point used to work for Goldman Sachs. Not to forget that Robert Zoellick, President of the World Bank was once a Director at Goldman Sachs.
The former leaders of Goldman Sachs, who are partly to blame for the worst excess in the world of finance, are now appointed to solve the financial crisis. They impose austerity measures on their population that are supposed to be inevitable. One should be allowed to wonder whether they really are the right people to solve the crisis or whether we appointed the arsonists to act as the fire department.
Critics accuse the European lobby network of the US bank Goldman Sachs that it operates like a type of free mason lodge. To varying degrees the new president of the European Central Bank Mario Draghi, Italy’s head of state Mario Monti and Greek’s head of the transitional government Loukas Papadimos are figureheads of this tightly knit network.[61]
Since the establishment of the FED in 1913 governments came and went, Goldman Sachs as one of the co-founders of the FED remained and stands for the best money making machine that has ever come out of global capitalism.
Goldman Sachs is a financial empire on the sunny side that through their limitless greed for profits has turned the world into a giant casino. This even happens in the name of god, as Goldman Sachs head Blankfein phrased it: “I am merely a banker doing god’s work? [62]
Their god seems to be after more and more money. Driven by their insatiable greed for profit, they do business with anyone, no matter whether it is friend or foe.
| GOLDMAN SACHS: | |
|---|---|
| Hank Paulson: | Former Finance Minister of the USA, former CEO of Goldman Sachs |
| Christopher Cox: | Formerly worked at Goldman Sachs, now Head of the SEC |
| Lloyd Blankfein: | CEO of Goldman Sachs |
| Mario Draghi: | Former VP at Goldman Sachs International, 2006-2011 President of the Italian National Bank, since November 2011 President of the European Central Bank |
| Loukas Papadimos: | Formerly worked at Goldman Sachs, former Greek Prime Minister and former VP of the European Central Bank |
| Mario Monti: | Formerly Goldman Sachs, Italian Prime Minister |
| Robert Rubin: | Formerly Goldman Sachs, Finance Minister under Clinton, Advisor to Timothy Geithner |
| Timothy Geithner: | Formerly Goldman Sachs, US Finance Minister |
| Robert Hormats: | Formerly Goldman Sachs and Secretary of Commerce under Finance Minister Timothy Geithner |
| Robert Zoellick: | Director at Goldman Sachs – former President of the World Bank, was part of both Bush administrations, Senior and Junior |
| Alexander Dibelius: | German Head of Goldman Sachs and Advisor to Chancellor Angela Merkel |
| Peter Sutherland: | Works in international business affairs at Goldman Sachs, former EU Commissioner |
| Petros Christodoulou: | Formerly Goldman Sachs, now Head of the Greek Debt Office |
| Charles de Croisset: | Formerly Goldman Sachs, supervises the French equivalent of the SEC |
| Mark Patterson: | Lobbyist for Goldman Sachs and Advisor to Timothy Geithner |
| E. Gerald Corrigan: | Former Head of the FED and Goldman Sachs |
| Otmar Issing: | “International Advisor” to the US investment Bank Goldman Sachs, former Chief Economist of the European Central Bank |
| All of them were employed either directly at or as advisors to Goldman Sachs | |
THE FINANCING OF THE NAZIS
„Profit rules the world”
Aristophanes (some time between 450 and 444 B.C. – 380 B.C.)
When it comes to dealing with one’s own past, Germany is not a contender for first place. In the last ten years you were able to witness that not one day has passed where the media did not in one form or another were talking about the time between 1933 and 1945. One could easily get the impression that the whole of German history took place in those 12 years alone.
It is interesting to note that even the smallest details are reported, but not about how Hitler rose to power and Germany’s arms build-up was financed at the time. The names that we hear in the media are usually limited to German companies like Thyssen, Krupp, Flick, etc. Was the Nazi economic miracle between 1933 and 1939 even possible? In other words the surface is treated to a high gloss polish, but the core of the issue is never ever discussed. In any case it should be obvious that no indebted nation in the world is in the financial position to continue a path of war for very long. Any country intending to go to war needs to turn to international bankers in order to obtain the funds required for such undertakings. This was no less true back then than it is at present.
Due to the Treaty of Versailles and the associated terms imposed on Germany, it was highly indebted and had to pay enormous sums in reparations to its neighbors. In the end this led to the collapse of the German currency and in its last consequence to the chronic inflation in the year 1923. The international bankers fell over themselves to help out by implementing the DAWES Plan[63] and the YOUNG Plan[64] and transferring huge amounts of money to Germany in 1924. Without these loans it would have been impossible for Germany to build up a war machine of such gigantic proportions. Professor Carroll Quigley, historian at Georgetown University in Washington, D.C. reported:
„It is notable that this system (The Daves and Young Plans) were implemented by the international bankers and that the lending of these funds to Germany has been extremely profitable.”
In the year 1929 three large corporations on Wall Street took hold of some of the key positions in the German economy. General Motors Corp. bought up German car manufacturer Opel (also known as Vauxhall) in Rüsselsheim, International Telephone & Telegraph Corp. (ITT) bought the German telephone network and General Electrics, which had already made an agreement with AEG in 1922, intensified its activities.
Des Griffin wrote in his book[65]: The highest diplomatic US representative in Hitler Germany after 1933 was ambassador Dodd. On August 15th, 1936, more than three and a half years after Hitler’s power grab, Dodd reported to US president Roosevelt: “we currently have more than 100 US companies, subsidiaries or co-operation agreements.”
These companies were directly involved in the build-up of the German war machine. In fact, the German subsidiaries Ford and Opel supported Hitler’s war effort with full knowledge and support of their American parent companies and profited from it significantly.[66]
Shortly before the beginning of the war for example, Opel which is a wholly owned subsidiary of General Motors, built a new factory in Brandenburg at the Havel river which manufactured the best truck in the world at the time. Without the “Opel-Blitz” the invasions into the East and into