4 ms·

Goldman is the great american bubble machine, and it's disgusting. "From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipu

Goldman is the great american bubble machine, and it's disgusting. "From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression -- and they're about to do it again" http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405 http://www.rollingstone.com/politics/news/the-great-american...

fleitz 15y ago
Goldman is good but not THAT good. If Goldman knew everything why would anyone take their iBanking elsewhere?
- joezydeco 15y ago
  Try investing $1,000 with Goldman and asking if you can get in on the next IPO. You'll find out that the Goldman you're using is not the same Goldman that the elite have access to.
rapind 15y ago
So hypothetically if someone wanted to opt-out of this essentially corrupt system completely, how would they go about it? I mean paying taxes in a country with bailouts certainly ties you up into the system. Even without bailouts, living in a country tied to a dollar that's being printed like mad kind of ties you up into it too right? So... how exactly would one go about this? Possible?
- invalidOrTaken 15y ago
  It's not trivial, but one way you could opt out would be...opting out. http://www.trulymovingpictures.org/festival-years/2010/movie/zero-currency http://www.trulymovingpictures.org/festival-years/2010/movie... Linked is a review of the movie Zero Currency, about a former social worker who stopped using money or barter. Disclaimer: I haven't seen it. A good place to start would be to own your own home, aggressively invest in solar energy, and grow your own food.* All that's pretty expensive though...maybe you could go work in finance and save up? *3D printing might also be worth a look for some items.
  - rapind 15y ago
    I'll check it out. I've always been fascinated by this way of living.
  - jes 15y ago
    Even if you own your own home, you typically still have to pay taxes. You may have to earn some income if you don't have money saved up for your taxes, so you'll probably have to pay income taxes as well. Bottom line, it's difficult to fully opt out. But what you suggest is not a bad start.
- hammock 15y ago
  http://seasteading.org/ http://seasteading.org/
  - rapind 15y ago
    That's pretty interesting. If only it were more wife friendly.
  - BillSaysThis 15y ago
    If only they had a solution for defending themselves and an answer to why national governments would deal with them (i.e., seasteads are unlikely to be self-sufficient, even in the aggregate, for many years if ever and therefore dependent on trade with existing national polities).
rogk11 15y ago
It is not just Goldman doing this and not just for metals http://www.simplerna.com/2011/11/who-are-biggest-commodity-traders.html http://www.simplerna.com/2011/11/who-are-biggest-commodity-t...
- nkassis 15y ago
  Like JP Morgan renting Supertankers to hold their oil: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=auE79A8VeBis http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a...

fleitz 15y ago

Goldman is good but not THAT good. If Goldman knew everything why would anyone take their iBanking elsewhere?

joezydeco 15y ago
Try investing $1,000 with Goldman and asking if you can get in on the next IPO. You'll find out that the Goldman you're using is not the same Goldman that the elite have access to.

rapind 15y ago

So hypothetically if someone wanted to opt-out of this essentially corrupt system completely, how would they go about it? I mean paying taxes in a country with bailouts certainly ties you up into the system. Even without bailouts, living in a country tied to a dollar that's being printed like mad kind of ties you up into it too right? So... how exactly would one go about this? Possible?

invalidOrTaken 15y ago
It's not trivial, but one way you could opt out would be...opting out. http://www.trulymovingpictures.org/festival-years/2010/movie/zero-currency http://www.trulymovingpictures.org/festival-years/2010/movie... Linked is a review of the movie Zero Currency, about a former social worker who stopped using money or barter. Disclaimer: I haven't seen it. A good place to start would be to own your own home, aggressively invest in solar energy, and grow your own food.* All that's pretty expensive though...maybe you could go work in finance and save up? *3D printing might also be worth a look for some items.
- rapind 15y ago
  I'll check it out. I've always been fascinated by this way of living.
- jes 15y ago
  Even if you own your own home, you typically still have to pay taxes. You may have to earn some income if you don't have money saved up for your taxes, so you'll probably have to pay income taxes as well. Bottom line, it's difficult to fully opt out. But what you suggest is not a bad start.
hammock 15y ago
http://seasteading.org/ http://seasteading.org/
- rapind 15y ago
  That's pretty interesting. If only it were more wife friendly.
- BillSaysThis 15y ago
  If only they had a solution for defending themselves and an answer to why national governments would deal with them (i.e., seasteads are unlikely to be self-sufficient, even in the aggregate, for many years if ever and therefore dependent on trade with existing national polities).

rogk11 15y ago

It is not just Goldman doing this and not just for metals http://www.simplerna.com/2011/11/who-are-biggest-commodity-traders.html http://www.simplerna.com/2011/11/who-are-biggest-commodity-t...

nkassis 15y ago
Like JP Morgan renting Supertankers to hold their oil: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=auE79A8VeBis http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a...