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No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!

 
Anonymous Coward
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05/14/2010 12:10 PM
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No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
[link to pesn.com]
You are here: PureEnergySystems.com > News > May 5, 2010
No joke: Goldman Sachs shorted Gulf of Mexico

It turns out that Goldman Sachs really did place shorts on TransOcean stock days before the explosions rocked the rig in the Gulf of Mexico sending stocks plunging while GS profits soared -- benefitting once again from a huge disaster, having done the same with airline stocks prior to 911 then again with the housing bubble.

by Sterling D. Allan
Pure Energy Systems News

On Apr. 30, the Huffington Post published a story stating:

In what is looming as another public relations predicament for Goldman Sachs, the banking giant admitted today that it made "a substantial financial bet against the Gulf of Mexico" one day before the sinking of an oil rig in that body of water.

The new revelations came to light after government investigators turned up new emails from Goldman employee Fabrice "Fabulous Fab" Tourre in which he bragged to a girlfriend that the firm was taking a "big short" position on the Gulf.

"One oil rig goes down and we're going to be rolling in dough," Mr. Tourre wrote in one email. "Suck it, fishies and birdies!"




Not being aware that the author, Andy Borowitz, is a comedian, scores of Internet sites ran with the story as being genuine. As of today, Google search on <Goldman Sachs shorted "Gulf of Mexico"> pulls up 207,000 returns, beginning with the Huffington Post link. Many, such as Infowars, pulled their stories when they realized the mistake.

Christopher Rudy noted:

The news about Goldman's bet against the Gulf comes on the heels of embarrassing revelations that the firm had taken a short position on the housing bubble, profiting from economic collapse, followed by more billions in government bailout support that paid out a couple billion in bonuses to thousands of loyal Goldman "officers" (corporate stakeholders).

We shouldn't be surprised. The owners of Goldman Sachs are the same Rothchilds co-owners of the privately held Federal Reserve Banking System, and they know how to play this game. Watch how Congress capitulates to Wall Street losses that the lap-dog press attributes to "bankster bashing".

Goldman Sachs just settled with the SEC for $450,000 (one guy's salary for a month; or the price of one nicer home lost, among millions due to the collapse) as punishment for shorting the mortgage balloon. (Ref.) They made billions in the crime.

StreetInsider.com reported on April 30 in their "Top 10" recap for that week:

Shares of Goldman Sachs (NYSE: GS) fell about 7% this week as execs were grilled on Capitol Hill and then, later in the week, the SEC referred its fraud case against the firm to the Justice Department for possible criminal prosecution. While much of Wall Street cheered Lloyd Blankfein's snappy responses to an onslaught of questions, Main Street rejoiced as Carl Levin "stumped" other execs with "meaningful" interrogation tactics aimed at exposing the corruption within the US financial industry.

You can certainly see why people would be quick to believe the comedian's satire piece about Goldman Sach's shorting the Gulf of Mexico.

However, just because his piece was satire, doesn't mean there isn't something to it. The reason humor is funny is because it lampoons reality, providing an exaggerative and simplified caricature to bring out the key issues in a non-threatening way. Historically, especially in times of heavy oppression, the best truth tellers have been the comedians. Benjamin Franklin certainly used humor to his advantage in helping to win America's Independence.

A. True Ott, Ph.D., wrote the following to me last night:

I have confirmed that there were indeed numerous "shorts" placed on TransOcean stock just days before the "problem". Was it Goldman Sachs? That is yet to be conclusively determined (there is indeed a SEC investigation ongoing) -- but labeling something as "satire" is a lawyer's shrewd trick to keep from being sued for slander -- even if it is all true. Moreover, there were massive shorts placed literally seconds after the news hit the airwaves.

Who would dare to quote the actual e-mails from "Fabulous Fab", unless the writer would post them as a "satire" - especially after what happened to the Wall Street Journal writers who dared expose the 9-11 short sales involving Goldman Sachs. (They were assigned to Afghanistan, and had fatal "accidents" there.)

Dr. Ott has subsequently confirmed from two sources that Goldman Sachs was indeed in on the shorts being placed on TransOcean stock. (See Email from Don Nicoloff documenting Goldman Sachs short puts on TransOcean stock.) And he has confirmed that the comedian was aware of that as well.

Dr. Ott had me and Paul Noel on his two-hour radio show yesterday talking about the viral article we posted, "Mother of All Gushers Could Kill Earth's Oceans".

In response to the alleged Goldman Sach's shorting story, Paul, who is an expert on the Gulf Oil subject, provided the following intelligence:

There is a reason they could have known the rig was going to fail up to two weeks ahead of its failure. The nature of these wells is that they leave the drill mud in the well and compress using very heavy drill mud to keep the well from blowing up unlimited. The well would begin to bump (similar to boiling a big bubble) and the acoustic signals would tell the rig was in trouble that far ahead. Goldman Sacks could just have had inside info. They also know the scale of things. This is the best explanation. It could be otherwise.

If you were going to sabotage a drilling team, all you would have to do is load a lighter mud in the mix as they pulled a drill pipe. .... There are lots of ways to have this happen either accidentally or deliberately. Goldman teams are great on statistical stuff sort of like the odds of rolling dice. They might just have figured stats for probability of a failure.??? Of course we could surmise other reasons are possible.

In our interview with Dr. Ott yesterday, both Paul and myself pointed to the magnitude of this disaster as hopefully a death knell to the oil industry, spurring people to finally provide the support needed to get the myriad of free/renewable energy technologiesthat have been languishing into the marketplace. These would not only be much cleaner than oil, without the huge environmental consequences and risks, but in many cases they could be cheaper than fossil-based energy; and many of them provide distributed capability removing the need for a central grid.

This revelation about those with insider knowledge in fact shorting the TransOcean stock prior to the explosions, will hopefully also spell the beginning of the end of the ultra corrupt financial faction who have wrested control over the worlds financial organs. Their days are numbered as they show their true colors in the midst of an increasingly enlightened populace who will not continue to take their abuses. These ultra power and wealth addicts need to be humbled by serving time in prison with common criminals who will not give them privileged treatment. A bullet or lethal injection would be far too merciful and dignified.

Do we have a shred of clean justice left in our corrupt government system which has been bought out, blackmailed, threatened, or otherwise brought under the control of these New World Order manipulators?

It's a dark day in which we live. But I am confident that brighter days are ahead. This time of transition is going to be a wild ride.
Anonymous Coward
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05/14/2010 12:16 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
They appear to fulfill the definition of evil overlords.

Destruction of land, sea and life means nothing when compared to the almighty dollar.
Anonymous Coward
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05/14/2010 12:22 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
They appear to fulfill the definition of evil overlords.

Destruction of land, sea and life means nothing when compared to the almighty dollar.
 Quoting: Anonymous Coward 628775

PIN THIS. redface
jailarson

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05/14/2010 02:25 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
bump
Anonymous Coward
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05/14/2010 02:31 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
you know who Borowitz is?
Anonymous Coward
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05/14/2010 02:32 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
Disgustingly evil.
Anonymous Coward
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05/14/2010 02:35 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
Kinda in our face now isn't it. Whatcha gonna do?

NADA.

When they shorted on the Trade Towers what didi you do in nine years?

NADA.

Roll over biach. Can you moan BOCHICA?
Anonymous Coward
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05/14/2010 02:36 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
[link to pesn.com]
You are here: PureEnergySystems.com > News > May 5, 2010
No joke: Goldman Sachs shorted Gulf of Mexico

It turns out that Goldman Sachs really did place shorts on TransOcean stock days before the explosions rocked the rig in the Gulf of Mexico sending stocks plunging while GS profits soared -- benefitting once again from a huge disaster, having done the same with airline stocks prior to 911 then again with the housing bubble.

by Sterling D. Allan
Pure Energy Systems News

A. True Ott, Ph.D., wrote the following to me last night:

I have confirmed that there were indeed numerous "shorts" placed on TransOcean stock just days before the "problem". Was it Goldman Sachs? That is yet to be conclusively determined (there is indeed a SEC investigation ongoing) -- but labeling something as "satire" is a lawyer's shrewd trick to keep from being sued for slander -- even if it is all true. Moreover, there were massive shorts placed literally seconds after the news hit the airwaves.

Who would dare to quote the actual e-mails from "Fabulous Fab", unless the writer would post them as a "satire" - especially after what happened to the Wall Street Journal writers who dared expose the 9-11 short sales involving Goldman Sachs. (They were assigned to Afghanistan, and had fatal "accidents" there.)

Dr. Ott has subsequently confirmed from two sources that Goldman Sachs was indeed in on the shorts being placed on TransOcean stock. (See Email from Don Nicoloff documenting Goldman Sachs short puts on TransOcean stock.) And he has confirmed that the comedian was aware of that as well.

Dr. Ott had me and Paul Noel on his two-hour radio show yesterday talking about the viral article we posted, "Mother of All Gushers Could Kill Earth's Oceans".

In response to the alleged Goldman Sach's shorting story, Paul, who is an expert on the Gulf Oil subject, provided the following intelligence:

There is a reason they could have known the rig was going to fail up to two weeks ahead of its failure. The nature of these wells is that they leave the drill mud in the well and compress using very heavy drill mud to keep the well from blowing up unlimited. The well would begin to bump (similar to boiling a big bubble) and the acoustic signals would tell the rig was in trouble that far ahead. Goldman Sacks could just have had inside info. They also know the scale of things. This is the best explanation. It could be otherwise.

If you were going to sabotage a drilling team, all you would have to do is load a lighter mud in the mix as they pulled a drill pipe. .... There are lots of ways to have this happen either accidentally or deliberately. Goldman teams are great on statistical stuff sort of like the odds of rolling dice. They might just have figured stats for probability of a failure.??? Of course we could surmise other reasons are possible.

In our interview with Dr. Ott yesterday, both Paul and myself pointed to the magnitude of this disaster as hopefully a death knell to the oil industry, spurring people to finally provide the support needed to get the myriad of free/renewable energy technologiesthat have been languishing into the marketplace. These would not only be much cleaner than oil, without the huge environmental consequences and risks, but in many cases they could be cheaper than fossil-based energy; and many of them provide distributed capability removing the need for a central grid.

This revelation about those with insider knowledge in fact shorting the TransOcean stock prior to the explosions, will hopefully also spell the beginning of the end of the ultra corrupt financial faction who have wrested control over the worlds financial organs. Their days are numbered as they show their true colors in the midst of an increasingly enlightened populace who will not continue to take their abuses. These ultra power and wealth addicts need to be humbled by serving time in prison with common criminals who will not give them privileged treatment. A bullet or lethal injection would be far too merciful and dignified.

Do we have a shred of clean justice left in our corrupt government system which has been bought out, blackmailed, threatened, or otherwise brought under the control of these New World Order manipulators?

It's a dark day in which we live. But I am confident that brighter days are ahead. This time of transition is going to be a wild ride.
 Quoting: Anonymous Coward 937496


I've bolded the important part, ignore the Borowitz part. Seems like he might be part of the game.
ZTE

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05/14/2010 02:37 PM

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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
GS and 4 other Major Firms have made money in the market for 61 days straight, despite the markets unexpected downturns and stagnation periods.
Anonymous Coward
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05/14/2010 02:40 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
The only moral thing to do would be to take all the GS managers, board members, and ceo and torture them to death, VERY, VERY SLOWLY, IN ON PUBLIC TV (not PPV, LOL).
ObeWayneKenobe

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05/14/2010 02:44 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
And here we all thought the oil rig was a natural disaster! :(
Anonymous Coward
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05/14/2010 02:44 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
The only moral thing to do would be to take all the GS managers, board members, and ceo and torture them to death, VERY, VERY SLOWLY, IN ON PUBLIC TV (not PPV, LOL).
 Quoting: Anonymous Coward 933476


Can we throw in a few politicians and lobbyists for good measure?
Seamus

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05/14/2010 02:45 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
See?

They have their rubes at Huffington run a 'Comedy' story which jackasses around the globe link to as being a true, factual news story about Goldman Sucks shorting the gulf....

Later that day and the next anyone who linked to the story and took it seriously gets laughed at: "They'll believe anything!" "Racist scare mongers".

Then, weeks later the real truth comes out.

INDEED Goldman Sucks DID short for profit the day prior to the ''accident''.

But what people will remember (those who can remember at all) is the 'joke story'.

So years later when this comes up they will say: "No, that was some internet rumor!"

Huffington is a scum source for any news. Read their site with much caution.
It is clear they did this at Goldman's bidding.
'When Plunder becomes a way of life for a group of men,
they create for themselves, in the course of time,
a legal system that authorizes it and a moral code that glorifies it.'
Frederic Bastiat, 'The Law'
1850

++++++++++++++++++++++++++
"The business of the journalists is to destroy the truth, to lie outright, to pervert, to vilify, to fawn at the feet of mammon, and to sell his country and his race for his daily bread. You know it and I know it, and what folly is this toasting an independent press? We are the tools and vassals of rich men behind the scenes. We are the jumping jacks, they pull the strings and we dance. Our talents, our possibilities and our lives are all the property of other men. We are intellectual prostitutes."
JohnSwinton, 1830-1901, Former chief-of-staff New York Times
++++++++++++++++++++++++++

"The bold effort the present bank has made to control the Government, the distress it has wantonly produced ... are but premonitions of the fate that awaits the American People should they be deluded into a perpetuation of this institution (The Bank of the United States), or the establishment of another like it." Andrew Jackson (December 2, 1834)
Anonymous Coward
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05/14/2010 02:47 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
So the obviously fake emails attributed to Tourre are covering an actual "clairvoyant" trade by Goldman, to discredit the actual story?
Anonymous Coward
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05/14/2010 02:48 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
Demons? look no further, that's were they are and what they are .

Time for the world to wipe it clean from that disgrace.
Anonymous Coward
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05/14/2010 02:49 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
See?

They have their rubes at Huffington run a 'Comedy' story which jackasses around the globe link to as being a true, factual news story about Goldman Sucks shorting the gulf....

Later that day and the next anyone who linked to the story and took it seriously gets laughed at: "They'll believe anything!" "Racist scare mongers".

Then, weeks later the real truth comes out.

INDEED Goldman Sucks DID short for profit the day prior to the ''accident''.

But what people will remember (those who can remember at all) is the 'joke story'.

So years later when this comes up they will say: "No, that was some internet rumor!"

Huffington is a scum source for any news. Read their site with much caution.
It is clear they did this at Goldman's bidding.
 Quoting: Seamus



Just for fun, what faith does Borowitz belong to?
Anonymous Coward
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05/14/2010 02:56 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
Kinda in our face now isn't it. Whatcha gonna do?

NADA.

When they shorted on the Trade Towers what didi you do in nine years?

NADA.

Roll over biach. Can you moan BOCHICA?
 Quoting: Anonymous Coward 970529


and say please before you get plunged. SAY PLEASE OR IT WILL HURT MORE>
Anonymous Coward
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05/14/2010 03:02 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
The FBI needs to step in and make this a homicide investigation like right now. 11 people are dead because of what appears now to be no accident.
Secure whatever evidence there is and interview the witnesses who were threatened and forced to sign statements.
Anonymous Coward
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05/14/2010 03:05 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
The FBI needs to step in and make this a homicide investigation like right now. 11 people are dead because of what appears now to be no accident.
Secure whatever evidence there is and interview the witnesses who were threatened and forced to sign statements.
 Quoting: Anonymous Coward 442346


There is no judiciary, were fuked
Anonymous Coward
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05/14/2010 03:06 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
If they are behind it, they bit off more than they can chew now!
Anonymous Coward
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05/14/2010 03:06 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
[link to pesn.com]
You are here: PureEnergySystems.com > News > May 5, 2010
No joke: Goldman Sachs shorted Gulf of Mexico

It turns out that Goldman Sachs really did place shorts on TransOcean stock days before the explosions rocked the rig in the Gulf of Mexico sending stocks plunging while GS profits soared -- benefitting once again from a huge disaster, having done the same with airline stocks prior to 911 then again with the housing bubble.

by Sterling D. Allan
Pure Energy Systems News

On Apr. 30, the Huffington Post published a story stating:

In what is looming as another public relations predicament for Goldman Sachs, the banking giant admitted today that it made "a substantial financial bet against the Gulf of Mexico" one day before the sinking of an oil rig in that body of water.

The new revelations came to light after government investigators turned up new emails from Goldman employee Fabrice "Fabulous Fab" Tourre in which he bragged to a girlfriend that the firm was taking a "big short" position on the Gulf.

"One oil rig goes down and we're going to be rolling in dough," Mr. Tourre wrote in one email. "Suck it, fishies and birdies!"




Not being aware that the author, Andy Borowitz, is a comedian, scores of Internet sites ran with the story as being genuine. As of today, Google search on <Goldman Sachs shorted "Gulf of Mexico"> pulls up 207,000 returns, beginning with the Huffington Post link. Many, such as Infowars, pulled their stories when they realized the mistake.

Christopher Rudy noted:

The news about Goldman's bet against the Gulf comes on the heels of embarrassing revelations that the firm had taken a short position on the housing bubble, profiting from economic collapse, followed by more billions in government bailout support that paid out a couple billion in bonuses to thousands of loyal Goldman "officers" (corporate stakeholders).

We shouldn't be surprised. The owners of Goldman Sachs are the same Rothchilds co-owners of the privately held Federal Reserve Banking System, and they know how to play this game. Watch how Congress capitulates to Wall Street losses that the lap-dog press attributes to "bankster bashing".

Goldman Sachs just settled with the SEC for $450,000 (one guy's salary for a month; or the price of one nicer home lost, among millions due to the collapse) as punishment for shorting the mortgage balloon. (Ref.) They made billions in the crime.

StreetInsider.com reported on April 30 in their "Top 10" recap for that week:

Shares of Goldman Sachs (NYSE: GS) fell about 7% this week as execs were grilled on Capitol Hill and then, later in the week, the SEC referred its fraud case against the firm to the Justice Department for possible criminal prosecution. While much of Wall Street cheered Lloyd Blankfein's snappy responses to an onslaught of questions, Main Street rejoiced as Carl Levin "stumped" other execs with "meaningful" interrogation tactics aimed at exposing the corruption within the US financial industry.

You can certainly see why people would be quick to believe the comedian's satire piece about Goldman Sach's shorting the Gulf of Mexico.

However, just because his piece was satire, doesn't mean there isn't something to it. The reason humor is funny is because it lampoons reality, providing an exaggerative and simplified caricature to bring out the key issues in a non-threatening way. Historically, especially in times of heavy oppression, the best truth tellers have been the comedians. Benjamin Franklin certainly used humor to his advantage in helping to win America's Independence.

A. True Ott, Ph.D., wrote the following to me last night:

I have confirmed that there were indeed numerous "shorts" placed on TransOcean stock just days before the "problem". Was it Goldman Sachs? That is yet to be conclusively determined (there is indeed a SEC investigation ongoing) -- but labeling something as "satire" is a lawyer's shrewd trick to keep from being sued for slander -- even if it is all true. Moreover, there were massive shorts placed literally seconds after the news hit the airwaves.

Who would dare to quote the actual e-mails from "Fabulous Fab", unless the writer would post them as a "satire" - especially after what happened to the Wall Street Journal writers who dared expose the 9-11 short sales involving Goldman Sachs. (They were assigned to Afghanistan, and had fatal "accidents" there.)

Dr. Ott has subsequently confirmed from two sources that Goldman Sachs was indeed in on the shorts being placed on TransOcean stock. (See Email from Don Nicoloff documenting Goldman Sachs short puts on TransOcean stock.) And he has confirmed that the comedian was aware of that as well.

Dr. Ott had me and Paul Noel on his two-hour radio show yesterday talking about the viral article we posted, "Mother of All Gushers Could Kill Earth's Oceans".

In response to the alleged Goldman Sach's shorting story, Paul, who is an expert on the Gulf Oil subject, provided the following intelligence:

There is a reason they could have known the rig was going to fail up to two weeks ahead of its failure. The nature of these wells is that they leave the drill mud in the well and compress using very heavy drill mud to keep the well from blowing up unlimited. The well would begin to bump (similar to boiling a big bubble) and the acoustic signals would tell the rig was in trouble that far ahead. Goldman Sacks could just have had inside info. They also know the scale of things. This is the best explanation. It could be otherwise.

If you were going to sabotage a drilling team, all you would have to do is load a lighter mud in the mix as they pulled a drill pipe. .... There are lots of ways to have this happen either accidentally or deliberately. Goldman teams are great on statistical stuff sort of like the odds of rolling dice. They might just have figured stats for probability of a failure.??? Of course we could surmise other reasons are possible.

In our interview with Dr. Ott yesterday, both Paul and myself pointed to the magnitude of this disaster as hopefully a death knell to the oil industry, spurring people to finally provide the support needed to get the myriad of free/renewable energy technologiesthat have been languishing into the marketplace. These would not only be much cleaner than oil, without the huge environmental consequences and risks, but in many cases they could be cheaper than fossil-based energy; and many of them provide distributed capability removing the need for a central grid.

This revelation about those with insider knowledge in fact shorting the TransOcean stock prior to the explosions, will hopefully also spell the beginning of the end of the ultra corrupt financial faction who have wrested control over the worlds financial organs. Their days are numbered as they show their true colors in the midst of an increasingly enlightened populace who will not continue to take their abuses. These ultra power and wealth addicts need to be humbled by serving time in prison with common criminals who will not give them privileged treatment. A bullet or lethal injection would be far too merciful and dignified.

Do we have a shred of clean justice left in our corrupt government system which has been bought out, blackmailed, threatened, or otherwise brought under the control of these New World Order manipulators?

It's a dark day in which we live. But I am confident that brighter days are ahead. This time of transition is going to be a wild ride.
 Quoting: Anonymous Coward 937496


An these criminals are getting away with it? No prior knowledge? They are terrorists and should be sent to Guantanamo.
Anonymous Coward
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05/14/2010 03:07 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!

Anonymous Coward
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05/14/2010 03:07 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
uhh, off with their heads?

Oh yeah. That was back when honor, dignity, courage, and NO BULLSHIT ruled the day.
Anonymous Coward
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05/14/2010 03:09 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
The FBI needs to step in and make this a homicide investigation like right now. 11 people are dead because of what appears now to be no accident.
Secure whatever evidence there is and interview the witnesses who were threatened and forced to sign statements.


There is no judiciary, were fuked
 Quoting: Anonymous Coward 939950

Agreed.
We want justice.
Obama gives us Fred Flintstone with tits.
Anonymous Coward
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05/14/2010 03:09 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
[link to www.dailyfinance.com]

Transocean's Slimy Moves

Transocean (RIG), one of the three companies involved in the Gulf oil disaster, is revealing itself as the stereotype of corporate evil. First came reports that the company pressured exhausted and traumatized rig evacuees into signing statements asserting the evacuees hadn't seen anything and hadn't been hurt. Transocean denies pressuring the employees into signing the statements, but they speak for themselves.

Next, Transocean goes on the lawsuit offensive, allegedly gaming the legal system to slow things down and gain control of all the pending litigation. Those strategic advantages are apparently what's behind Transocean's effort to use a 1851 statute to limit its liability to the salvage value of its rig, a mere $26.7 million, according to the Wall Street Journal Law Blog.

Bloomberg adds that the move is also an attempt to strengthen Transocean's settlement position. While the liability limitation reportedly won't stick, the strategic advantages result simply by starting the ancient process. Finally, Transocean hires its first set of lobbyists to try to get Congress on its side.
Anonymous Coward
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with earthquakes, volcanos, oil spills, illegals marching in the streets, financial crisis, unemployment and a rogue government waging illegal, immoral wars, we have plenty of doom to go around without jerkoffs like this Sterling D. Allan assclown putting out blatantly false crap like this. Best not to give this guy any more attention.
bsmeter
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05/14/2010 03:09 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
An these criminals are getting away with it? No prior knowledge? They are terrorists and should be sent to Guantanamo.
 Quoting: Anonymous Coward 970211

Drop them off in the center of the oil spill in a canoe with a small leak, give them a short paddle and food and water for 2 days.
Anonymous Coward
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05/14/2010 03:11 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
with earthquakes, volcanos, oil spills, illegals marching in the streets, financial crisis, unemployment and a rogue government waging illegal, immoral wars, we have plenty of doom to go around without jerkoffs like this Sterling D. Allan assclown putting out blatantly false crap like this. Best not to give this guy any more attention.
bsmeter
 Quoting: Anonymous Coward 939568


Hey shill, we're not talking about Sterling Allan anymore.
Anonymous Coward
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05/14/2010 03:17 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
There's a relationship between GS & TransOcean.


From 2007:

TransOcean and GlobalSantaFe Announce Merger

Goldman Sachs advised Transocean and Lehman Brothers advised GlobalSantaFe.

[link to seekingalpha.com]
Anonymous Coward
User ID: 958271
France
05/14/2010 03:17 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
Shit, they represent all I don't like on this earth.
I hope there are not many.
Anonymous Coward
User ID: 970211
Germany
05/14/2010 03:17 PM
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Re: No Joke this time: Goldman Sachs Shorted Gulf Oil Blowout Day before!
They appear to fulfill the definition of evil overlords.

Destruction of land, sea and life means nothing when compared to the almighty dollar.

PIN THIS. redface
 Quoting: Anonymous Coward 526155



Who owns BP?
Who owns Goldman Sachs?
Everything is so obvious. It's not Rockefeller.





GLP