On the Edge with Max Keiser & David DeGraw: Goldman Sachs, AIG, Hank Paulson and Market Manipulation [Video]
Courtesy of David DeGraw of AmpedStatus
David DeGraw was On the Edge with Max Keiser. They discussed the unreported underlying elements of the SEC’s case against Goldman Sachs, Hank Paulson’s background and role in causing the economic crisis, the Federal Reserve’s illegal activities, the epidemic of accounting fraud on Wall Street, and expose clear examples of trillions of dollars stolen through market manipulation.
How much more earth-shattering news can you squeeze into one 25-minute interview?
Part 1: How the SEC and Congress Can Bring Down Goldman Sachs and Expose the Financial Coup
“It’s going to blow up again. The trip down the next time is going to be even worse. Right now we have $610 trillion in this phony derivative market. Goldman Sachs has a derivative liability of 34,000% of their assets right now. This is totally insane…. This is a time bomb waiting to go off again.”
Part 2: The Looting Continues with Zero Accountability and Austerity Measures Are Coming to the United States
“If we had real lawmakers and a real president, these people would be held accountable. This is absurd. How can you flaunt the rule of law like this and not have any repercussions at all?… This is criminal activity across-the-board and nothing is being done to hold them back.”
Part 3: Hank “Pentagon-Sachs” Paulson: From the Pentagon to Watergate to Derivatives to Oil to the Bailout
“… Paulson was completely disgraced in this [Watergate], and then he moves out of the Pentagon and the Nixon Administration and he starts working for Goldman Sachs…. Anyone who looks at this knows that you don’t work for [former Defense Secretary] Melvin Laird, who also was a board member of SAIC, which is as powerful as it gets in US intelligence, and then… you become CEO of Goldman Sachs and then Bush and Cheney make you the Treasury Secretary right as the economy collapses…”
