More than 75,000 people have put their names to a petition protesting against the appointment of a former European Union leader José Manuel Barroso to the investment bank Goldman Sachs. The outrage demonstrate what I have warned about, that the peak in public confidence in government and banks is now in place. Goldman Sachs has gone too far. This move is being called “irresponsible” and “morally reprehensible.” This is all about buying influence. NO former politician is worth their weight in peanuts no less money. Before he joined the commission, Barroso also served as Portugal’s Prime Minister from 2002-2004.

This all began in 1981 when PHIBRO, the company that made the money from the commodity rally into 1980 took over Wall Street buying the biggest bond house Salomon Brothers. By 1991, the first scandal eripted as they commodity boys took over Wall Street bringing their manipulations to the world of finance. Goldman Sachs took over a few months later J.Aaron, a commodity house from which Lyod Blankfein began. It was 31.4 years from that first step to the demise that required the biggest bailout in history to save their ass. Goldman Sachs realized when Salomon Brothers was being shut down for manipulating the Treasury bond market, that they too could be on the ropes.

Goldman Sachs bought the Clintons and stuffed in Robert Rubin as the 70th Treasury Secretary from January 11, 1995 – July 2, 1999, just long enough to get Glass Steagall repealed and left, able to sell all his stock tax free. Next cam Hank Paulson who became the 74th US Secretary of Treasury under George Bush July 10, 2006 – January 20, 2009. Paulson made sure that Bear Stearns and Lehman Brothers collapsed reducing competition for Goldman Sachs claiming he lacked the authority, but the next day he bails out an insurance company AIG because they would default on Goldman Sachs when the office writing the insurance was in London, not even the United States.

Goldman Sachs has hired top politicians for influence. They offer nothing from an economic perspective. So this latest hire of Barroso is right in line. What is fascinating is the tide has turned. Goldman Sachs has become the real evil empire so while people keep talking about Rothschilds and Morgan, these may be deliberate diversions to distract people from the real mover and shaker – Goldman Sachs.