AIG, Geithner and Goldman Sachs: Another Example of Useless Media

Some of you may have wondered why I have said nothing about the latest AIG-Geithner connection.

Let me give you a hint.

The answer is the same as the reason why I did not mention anything about the Ken Lewis drama.

You might recall few months ago, the media was buzzing about how Ken Lewis, former CEO of Bank of America, made claims that former U.S. Treasury Secretary Henry Paulson and the Federal Reserve pressured Lewis to buy Merrill Lynch.

Of course, I already knew this from day one.

Now, the media has seized the latest drama, as an attempt to make you think they are on your side, by clouding the airwaves with the Timothy Geithner/AIG/Goldman scam.

This is nothing other than "Paris Hilton" style media coverage.

They are creating fictional drama in order to satisfy their Access Hollywood and TMZ audience, without really getting to the bottom of things and getting the opinions and insights from real experts.

Washington politicians too are in on this grandstanding as a way by which to score political points.

However, as you might recall, I already uncovered the fact that AIG was bailed out solely for the purpose of preventing Goldman Sachs from losing billions of dollars due to CDS counterparty defualts.

I found three articles where I discussed this, going back as early as November 2008.  Have a look.

Let's see, that's 14 months past due guys. 

Months later, I mentioned it a few more times, here and here.

Most recently, I mentioned it when discussing the Washington Mutual heist.

But now of course, the useless journalists are all over the AIG/Geithner story, just as they were all over the Ken Lewis story, creating drama over substance.

The media is pretending to be some savior when the fact is that their incompetance caused you to lose money.

Furthermore, if they had listened to me they could have actually provided some value.

I'd say this idiot Matt Taibbi has probably seized the momentum on this one, dupping all who read his trash, failing to realize that he is not only late to the party, but he has no idea what he is talking about.

I know I was the only person to uncover the fraud behind the BAC-MER deal and the WaMu heist. But surely there were others who discussed the AIG-Goldman scam back when I did, because it wasn't any secret. I'm sure if you search you will find others having discussed it last year. Assuming that to be the case the question is, why is it only getting media attention now???

Hmm. Could it have anything to do with the media being told by Washington to stay away from the story so that Geithner could continue where Paulson left off - sending Goldman Sachs a payback for being Obama's largest campaign contributor? 

So why then would the media be interested in the story now if they are largely controlled by the White House?  

Because these issues are being raised by Congress (as a way for politcians to gain votes for the elections this year), so the media has to cover it.

Besides, it's not like it matters now anyway for Geithner. It's not like he will be indicted for fraud.

How do I know? 

Because Paulson got off free for massive fraud, as well as violation of the U.S. Constitution, as did the other criminals in Washington.

It's a mafia folks. America is run by a mafia in Washington. And you don't have a damn say in anything. You need to wake up and reaize this.

Together with the media and Hollywood productions by Obama (like what you will see tonight during his address), American are like caged monkeys, ruled by a fascist dictatorship. And they have no idea what's going on.

Why am I mentioning all of this?  For 3 reasons. 

First, I want to remind you how the media plays psychologicla tricks on you to make you think they are on your side, but only after you have lost a tremendous amount of money due to their incompetance and lies.

Second, I want to remind you that the media and politicians are using this buzz to distract from the real issues, 

Finally, I want to remind you that you won't find anyone in the world who can match my insight on this collapse. I've uncovered it all, from the BAC-MER scam, to the WaMu scam. And my forecasting record, whether you are talking about real estate, the stock market or virtually everything else remains practically unblemished.

So, stop wasting your time getting caught up in the latest drama. If you had been following me, you'd already know what was going to happen.

Now, if that sounds like I'm boasting, consider that I have learned that I need to do so given that I continue to be banned by the media and the Internet. So, until things change, I'm going to boast my ass off, like it or not. 

Why not forward this to the media and see what those idiots have to say. Let them know you won't fall for their useless trash anymore.

A word to you useless reporters out there.  If you had bothered to listen to me about the BAC-MER deal, the WaMu heist or the AIG-Goldman scam, you could have easily won a Pulitzer Prize. Instead, you sit there like monkeys, interviewing idiots and hacks, waiting for the next story to break instead of taking a leadership role. That is why your industry is going bankrupt. That is why you will be writing for a blog soon...if you're lucky.