Goldman Sachs Earnings

There is a simple but undeniable truth in the financial consulting and wealth planning industry that Wall Street has kept as a “dirty little secret” for years. That dirty little, and nearly always overlooked secret is THE WAY YOUR FINANCIAL ADVISOR IS PAID DIRECTLY AFFECTS THEIR FINANCIAL ADVICE TO YOU!

You want, and deserve (and consequently SHOULD EXPECT) unbiased financial advice in your best interests. But the fact is 99% of the general investing public has no idea how their financial advisor is compensated for the advice they provide. This is a tragic oversight, yet an all too common one. There are three basic compensation models for financial advisors – commissions based, fee-based, and fee-only.

Commission Based Financial Advisor – These advisors sell “loaded” or commission paying products like insurance, annuities, and loaded mutual funds. The commission your financial advisor is earning on your transaction may or may not be disclosed to you. I say “transaction” because that’s what commission based financial advisors do – they facilitate TRANSACTIONS. Once the transaction is over, you may be lucky to hear from them again because they’ve already earned the bulk of whatever commission they were going to earn.

Since these advisors are paid commissions which may or may not be disclosed, and the amounts may vary based on the insurance and investment products they sell, there is an inherent conflict of interest in the financial advice given to you and the commission these financial advisors earn. If their income is dependent on transactions and selling insurance and investment products, THEY HAVE A FINANCIAL INCENTIVE TO SELL YOU WHATEVER PAYS THEM THE HIGHEST COMMISSION! That’s not to say there aren’t some honest and ethical commission based advisors, but clearly this identifies a conflict of interest.

Fee Based Financial Advisor – Here’s the real “dirty little secret” Wall Street doesn’t want you to know about. Wall Street (meaning the firms and organizations involved in buying, selling, or managing assets, insurance and investments) has sufficiently blurred the lines between the three ways your financial advisor may be compensated that 99% of the investing public believes that hiring a Fee-Based Financial Advisor is directly correlated with “honest, ethical and unbiased” financial advice.

The truth is FEE-BASED MEANS NOTHING! Think about it (you’ll understand more when you learn the third type of compensation), all fee-BASED means is that your financial advisor can take fees AND commissions from selling insurance and investment products! So a “base” of their compensation may be tied to a percentage of the assets they manage on your behalf, then the “icing on the cake” is the commission income they can potentially earn by selling you commission driven investment and insurance products.

Neat little marketing trick right? Lead off with the word “Fee” so the general public thinks the compensation model is akin to the likes of attorney’s or accountants, then add the word “based” after it to cover their tails when these advisors sell you products for commissions!

FEE ONLY Financial Advisor – By far, the most appropriate and unbiased way to get financial advice is through a FEE-ONLY financial advisor. I stress the word “ONLY”, because a truly fee ONLY financial advisor CAN NOT, and WILL NOT accept commissions in any form. A Fee-ONLY financial advisor earns FEES in the form of hourly compensation, project financial planning, or a percentage of assets managed on your behalf.

All fees are in black and white, there are no hidden forms of compensation! Fee-Only financial advisors believe in FULL DISCLOSURE of any potential conflicts of interest in their compensation and the financial advice and guidance provided to you.

Understanding the conflict of interest in the financial advice given by commission based brokers enables you to clearly identify the conflict of interest for fee-based financial advisors also – they earn fees AND commissions! Hence – FEE-BASED MEANS NOTHING! There is only one true way to get the most unbiased, honest and ethical advice possible and that is through a financial advisor who believes in, and practices, full disclosure.

Commission and Fee-Based financial advisors typically don’t believe in or practice full-disclosure, because the sheer magnitude of the the fees the average investor/consumer pays would surely make them think twice.

Consider for a moment you need to buy a truck specifically for towing and hauling heavy loads. You go to the local Ford dealership and talk to a salesperson – that salesperson asks what type of vehicle you’re interested in and shows you their line of trucks. Of course, to that salesperson who earns a commission when you buy a truck – ONLY FORD has the right truck for you. It’s the best, it’s the only way to go, and if you don’t buy that truck from that salesperson you’re crazy!

The fact is Toyota makes great trucks, GM makes great trucks, Dodge makes great trucks. The Ford may or may not be the best truck for your needs, but the salesperson ONLY shows you the Ford, because that’s ALL the salesperson can sell you and make a commission from.

This is similar to a commission based financial advisor. If they sell annuities, they’ll show you annuities. If they sell mutual funds, all they’ll show you is commission paying mutual funds. If they sell life insurance, they’ll tell you life insurance is the solution to all of your financial problems. The fact is, when all you have is a hammer… everything looks like a nail!

Now consider for a moment you hired a car buying advisor and paid them a flat fee. That advisor is an expert and stays current on all of the new vehicles. That advisor’s only incentive is to find you the most appropriate truck for you, the one that hauls the most, tows the best, and is clearly the best option available. They earn a fee for their service, so they want you to be happy and refer your friends and family to them. They even have special arrangements worked out with all of the local car dealerships to get you the best price on the truck that’s right for you because they want to add value to your relationship with them.

The analogy of a “car buying advisor” is similar to a Fee-Only financial planner. Fee-Only financial advisor’s use the best available investments with the lowest possible cost. A Fee-Only financial advisor’s only incentive is to keep you happy, to earn your trust, to provide the best possible financial advice and guidance using the most appropriate investment tools and planning practices.

So on one hand you have a car salesperson who’s going to earn a commission (coincidentally the more you pay for the truck the more they earn!) to sell you one of the trucks off their lot. On the other hand, you have a trusted car buying advisor who shops all of the vehicles to find the most appropriate one for your specific needs, and then because of his relationships with all of the car dealers can also get you the best possible price on that vehicle. Which would you prefer?

Truly unbiased financial advice and guidance comes in the form of Fee-Only financial planning. You know exactly what you’re paying and what you’re getting in return for the compensation your Fee-Only financial advisor earns. Everything is in black and white, and there are no hidden agenda’s or conflicts of interest in the advice given to you by a true Fee-Only financial advisor!

The fact is unfortunately less than 1% of all financial advisor professionals are truly FEE-ONLY. The reason for this? There’s a clear and substantial disparity in a financial advisor’s income generated through commissions (or commissions and fees), and the income a financial advisor earns through the Fee-Only model:

Example #1 – You just changed employment and you’re rolling over a $250,000 401k into an IRA. The commission based advisor may sell you a variable annuity in your IRA (which is a very poor planning tactic in most cases and for many reasons) and earn a 5% (or many times more) commission ($12,500) and get an ongoing, or “trailer” commission of 1% (plus or minus) equal to $2,500 per year. The Fee-Only financial advisor may charge you a fee for retirement plan, an hourly fee, or a percentage of your portfolio to manage it. Let’s say in this case you pay a $500 retirement plan fee and 1.25% of assets managed (very common for a Fee-Only financial advisor in this situation). That advisor earns $500 plus $3,125 ($250,000 * 1.25%) or TOTAL COMPENSATION of $3,625 – FAR LESS THAN THE $15,000 THE COMMISSION (or Fee-Based) financial advisor earned! In fact it takes the Fee-Only financial advisor over four years to earn what the commission (or fee-based) advisor earned in one year!

Example #2 – You’re retired and managing a $750,000 nest egg which needs to provide you income for the rest of your life. A fee-based financial advisor may recommend putting $400,000 into an single premium immediate annuity to get you income and the other $350,000 into a fee-based managed mutual fund platform. The annuity may pay a commission of 4% or $16,000 and the fee-based managed mutual fund portfolio may cost 1.25% for total compensation of $20,375 first year (not including the “trailer” commissions). The Fee-Only advisor would possibly shop low load annuities for you, possibly put the entire portfolio into a managed account, possibly look at municipal bonds, or any other variety of options available. It’s hard to say how much the Fee-Only advisor would earn as their largest incentive is to keep you the client happy, and provide the best planning advice and guidance possible for your situation. BUT, in this case let’s just assume that a managed mutual fund portfolio was implemented with an averaged cost of 1% (very common for that level of assets), so the Fee-Only financial advisor earns roughly $7,500 per year and it takes that financial advisor THREE YEARS to earn what the fee-based financial advisor earned in ONE YEAR!

The prior examples are very common in today’s financial advisory industry. It’s unfortunate that such a disparity in income exists between the compensation models, or there would likely be many more truly independent and unbiased Fee-Only financial advisors today!

Now consider for a moment which financial advisor will work harder for you AFTER the initial consultations an planning? Which financial advisor must consistently earn your trust and add value to your financial and investment planning? It’s obvious the financial advisor with the most to lose is the Fee-Only advisor. A Fee-Only financial advisor has a direct loss of income on a regular basis from losing a client.

The commission or fee-based financial advisor however has little to lose. You can fire them after they’ve put you in their high commission products, and as you can see from the examples they’ve already made the majority of the commissions they’re going to make on you as a client. They have little to gain by continuing to add value to your financial and investment planning, and little to lose by losing you as a client.

Wouldn’t you prefer a financial advisory model where your financial advisor must continually earn your trust and add consistent value to your planning?

It’s clearly more difficult to earn a living and run a profitable financial advisory firm through the Fee-Only financial planning and guidance model. For this reason, most financial advisors take the easy way and sell products for commissions and charge fees on assets managed – that way they can make a nice living on your investment portfolio and still have an ongoing stream of revenue every year. For this reason also, less than 1% of financial advisors are truly Fee-Only, yet it’s that 1% that is truly objective and unbiased, and that 1% whose only incentive is to manage your financial plan, investments, and overall wealth to accomplish the goals you wish to achieve!

The real “dirty little secret” Wall St. has is the undeniable truth that the commission and fee-based financial advisory model has inherent conflicts of interest, and your advisor may be “selling you investment products” rather than "Solve your financial problems.

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There is no question that the financial industry is out to lunch and they have been for years. The Chamber of Commerce, on CNBC, literally came out and likened the angry statement by the President and the new legislation that will regulate banks…to an Alice in Wonderland moment. They think that the President and the rest of us taxpayers are living in a fantasy because we expect the return of all the money we lent to the now solvent banks. They think that, because they want to take huge multi-million-dollar bonuses before helping us put the economy back on track, from the 7 million jobs their imprudent investments cost us…we are being unreasonable….living in a fantasy world. It’s not fair, they say, to tax bonuses to help the economy.

Not fair? Now who is living a fantasy! American taxpayers not only contributed $700 billion, plus some undetermined amount that the Federal Reserve has yet to disclose, but they also suffered the worst recession and loss of jobs since 1929. All caused by foolish investments so that these Wall Street crooks could get filthy rich. And it was actually much more than that, well over a trillion more. See the Alan Grayson interrogation by Federal Reserve officers in the Congressional Hearings on YouTube.com for more.

Just as the Chamber of Commerce is lobbying as hard as it can with television commercials, non-stop, against the health care program, it is working with equal vigor to create an atmosphere that encourages Americans to regard the taxing of huge financial institution bonuses as unreasonable. In addition, the Chamber, now employed by the Wall Street bankers as a lobbying group, goes on the Wall Street-pandering Larry Kudlow program on CNBC using the age-old Republican argument that any tax on anything will take the economy into a tail spin.

Well, of course it was Wall Street that took the economy into the tail spin it is in right now and they are doing their best to keep it there. Kudlow and like-minded Neocon legislators like Peter Roskam of Illinois, trying to make his bones for the Republican House leaders by aiding the financial industry against the taxpayers, argues that the banks will merely pass on these costs. It will slow the economy. Mr. Roskam would realize, if he were not hanging out with multi-billionaire Wall Streeters, that the economy is slow now, thanks to them. Giving them higher bonuses will not make things better, but worse.

The fact is that even now banks are not loaning the money that they are making. Small businesses cannot grow because money the banks should be more interested in loaning, they are using to trade investment vehicles among other financial institutions and not investing in business. But they still make huge bonuses.

The average employee at JPMorgan-Chase will report income of $373,000 for 2009 after bonuses are paid. That sounds impressive but not criminal until you realize that most people at these firms, and at JP Morgan-Chase, do not have their income based on bonuses at all. Most people are administrative and get very small bonuses, if any. Which means that the bonuses on which Congress wants to levy taxes…which Rep. Roskam calls merely a political diversion…are, in fact, so huge as to literally be an insult to the American people.

Here are the facts in one sentence: We bailed them out while they screwed us and now they won’t lend money but want us to approve huge bonuses while 15 million Americans are out of work because of them. Why is this so difficult to understand for Mr. Roskam? He is supposed to be protecting his constituents rather than pandering for Wall Street.

With earnings of the Wall Street firms climbing into the mid-billions, and with their attitude of “In Your Face!” while disregarding the plight of the individual citizen, the President and Congress have had enough. They are going to start taxing these excessive bonuses that have made multi-millionaires of mid-level executives by selling worthless investments to pension funds and foundations and endowments. Congress will make these arrogant hucksters begin to participate in the situation that they have created.

Will a tax on intemperate bonuses disadvantage the banks and financial institutions and make them less able to loan money to small business? Not at all. But they could create situations that would inhibit growth by deliberately restricting funds. If they should try to retaliate in this way we should, as FDR did, regulate them until they have no way to make huge bonuses. We should separate wild, speculative investment from banks and make banking and finance a true career choice. That is, if you can’t afford to live without money in the first place, you shouldn’t take a job in banking.

Of course, that last is a joke. But not completely. We must have solidarity, strength and integrity in our banking system again. And we need to put that into law, strict laws, that this industry is fighting all the way, just as hard as the health insurance firms are fighting health care reform. The cycle of speculation has already started. How else do you think firms like Goldman-Sachs and Citibank are already making billions while the economy can’t put a million new jobs together. And the economy is not. The investment firms are not. Only the excruciatingly difficult effort of the Obama Adminstration–yes, that is where all the jobs, any jobs are coming from–is keeping us out of a Depression.

The big public and private banks are deliberately loaning only to big corporations on perfectly safe ventures, reaping huge rewards, and paying themselves bonuses. That creates no new jobs. They are creating new derivative investments that they are selling to investment firms who are putting them into the same investment groups who lost on previous scams. We are being set up for another collapse.

The stock market has risen over 2500 points in the last year. Have you seen any evidence that the economy has grown by 25 to 30 percent? It hasn’t grown at all. The fed funds interest rate is still in minus territory. No one is borrowing. And that means that no private investment is being made. And that means that the Wall Street boys are setting us up again, and telling us, according to the Kudlows, and the Roskams and the Chamber of Commerce that it is we, not they, who are living in “wonderland.”

Well, yes, we Surprised we suspect that Americans wake up and smile again with President Bankers arrogant that they can continue to monitor this economy and think that every life miserable.

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Happy days are certainly not here again. In fact, the days to come and the days that have gone by were never anticipated by the market men in last three- four years. The rising oil has played the spoilsport, which has resulted in India’s rate of inflation based on whole sale price index (WPI) shooting up into double digit and settling at 11.05% for the week ended June 20th. this has resulted in 30-shares Sensex of the Bombay Stock Exchange (BSE) tumbling down to six month’s low of 14,571 and broader 50-share S&P CNX Nifty of the National Stock Exchange (NSE) settling at 4,347 as on Friday June 20, 2008.

Now the Questions asked is that how long this situation will continue? The Simple answer is for the rest of the financial year 2009 (FY09). The shooting up of the inflation rate will bring in the Reserve Bank of India (RBI) into the picture. To reign in the rate of inflation, the central bank will try to use all the tools available as its disposal including hike in repo rate, hike in the cash reserve ratio and other measures periodically. Already the exercise of painting gloomy picture about the market has begun. Most of the research outfits have begun to come closed to the reality.

HDFC Securities in a note to its clients said, Indian inflation has shot into double digits to a 13-year, as higher fuel prices fed into the date, driving bond yields up and stocks down on expectations of more action from the RBI. Annual wholesale price inflation, India’s most widely watched measure, rose 11.05% in the 12 month to June 7; it’s highest since May 1995. Inflation near double digits is the last thing any Government would like to see in the run-up to the elections. The fact that this came much above the expected 9.82% shocked the street. India joined a growing number of Asian countries no longer able to afford big subsidies in the face of rising prices. China followed suit on Thursday with an 18 percent increase in petrol and diesel prices. This scenario is not unique to India. Eurozone’s inflation is at a 16 year high. Australia’s at a 17 year high and Pakistan’s at a 30 year high. Unlike most countries, India calculates inflation on the wholesale price of a basket of 435 commodities which means actual prices paid by the consumer are much higher.

More monetary tightening is now likely in a bid to calm inflationary expectations. Repo rate and / or CRR hike are some options available to the RBI at or ahead of its next schedule policy review is on July 29. At 1:12 PM on June20, the 10-year benchmark bond yield was at 8.64 %, it’s highest since November 2001 and 17 basis points above Thursday’s close of 8.47 percent.

Rising inflation could:

Lead to an increase in interest rates in the system based on expectation of monetary tightening by the RBI.

Impact demand for a host of industries – prominent being Auto, Consumer Durables, Realty

Make nominal interest rates more attractive/certain for a host of investors as compared to the uncertain equity markets

Lead to uncertainty in valuation of Banking and Financial space

Raise the risk premium demanded by investors in equities

Bring pressure on the Rupee, especially if the FIIs start withdrawing in a big way, This could create a cycle of lower Rupee and lower Stock prices

Lead to a downgrade in earnings in most industries

Lead to panicky pro-people, anti-business action by the Govt, that would not be welcomed by the market participants What can prevent any or all of these from happening?

A sharp fall in oil prices, that stay lower for a few weeks

Cooling down of food inflation in India due to a bountiful monsoon

Global sentiments towards equities and emerging equities stabilising

Calling of an early general elections in India.

Consider the following two letters to the Editor, recently written by the readers of The Hindu. The subject matter of the letter is Market Mayhem, which we have been witnessing in our markets since last couple of months.

The mayhem on the stock exchanges over the past few trading sessions was expected. The inevitalbe has occurred, whether due to the liquidity problem or the proposed circular on capital gains. The markets had grown steadily over a year or two bringing cheet to all. Concomitant to the rise of the Sensex, the bullion prices soared and there was an appreciable weakening of the rupee against the dollar. However, the fall in stock prices is only accompanied by a marginal reduction in bullion prices while the dollar still rules high. The small investor needs to be prudent while investing in stocks.

K.D.Viswanathan from Coimbatore opined that, This refers to the two editorals, aimed at creating awareness among unwary investors about the risks involved in share market and mutual fund investments. The small and medium investors, in general, appear to be a misguided lot. They ignore the basic principle of “BUY”, when the prices dip and “SELL”, when the prices go up.” Market corrections are inevitable but they affect many when they are severe. None can afford to throw caution to the winds.

Mr. Vishwanathan is right, no one can afford to throw caution to the winds and hence the most question that is being faced by the investors in the recent times of turmoil is what to do? Where to invest, when the markets world over are falling and other commodities like Gold and Silver are getting out of their reach and have been equally volatile. It’s not that only Western markets are in doldrums. Their Indian counterparts have also shown similar amount of choppiness, confusing the domestic investors more. Led by the US markets, due to its sub-prime related liquidity crisis, all the markets inculding the emerging markets have taken a severe beating in last three months.

In case of India, the 30-share benchmark Sensex of the Bombay Stock Exchange (BSE) and the broader 50-shares S&P CNX Nifty of the National Stock Exchange (NSE) have remained most volatile in August as well as in September. Both the Sensex and the Nifty saw volatility of 11.26% and 10.66% in the month of August, which almost doubled to 20.21% and 19.96% respectively in September.

The developments in the US markets at the end of the second week-end of september- the fall of Lehman Brothers, Bank of America taking over the embattled Merrill Lynch and the bail out of world’s financial gain American Investment Group (AIG) by the US government (it provided $85 billion) – bought in open the weakness of the US economy.

It’s not all over, two more leading US investment banks, Morgan Stanley and the Goldman Sachs, are also believed to be in line and more bail out by the US government is expected. This means that the crises is far from over and we may see the continuity of the volatility at the stock markets in the days to come. A report released by the Standard & Poor’s (S&P), world’s leading rating agency on how the world’s markets have performed in august is a worth look at. It says, year till date investors world over in the stock markets have lost more than $6.4 trillion (more than six times the Indian GDP.)

The report released in the first week of September says the world’s developed and emerging equity markets both lost ground in August, and have now produced double digit, negative returns over the past three-months. According to Standard & Poor’s monthly stock market review, The World by Numbers, developed equity market review, The World by Numbers, developed equity markets lost 1.56% in August and have fallen 11.55% over the past three months. The world’s emerging equity markets have fared even worse, falling 7.09% in August and 19.40% over the past three months “Global equity markets continued their dramatic decline that began in mid May, decreasing investor networth in August by $0.8 trillion,” says Howard Silverblatt, Senior Index Analyst at Standard & Poor’s and author of the report. “Year-to-date through August, investor net worth has declined by $6.4 trillion.”

Emerging markets posted their fourth monthly loss in a row (six out of eight for 2008) declining 7.09% in August. The three-month toll is now-19.40%, with the 12-month period now posting a -7.27% decline. Only the Philippines (+1.68%) and thailand (+0.90%) managed to produce positive gains in August. Pakistan declined 20.57%) as political unrest continued, while Russia declined 15.23%). Developed equity markets (-1.56%) did not fare much better in August as only the United States (+1.54%) and the Netherlands (+0.85%) produced positive returns during the month.

Six of the ten GICS sectors declined in August as Materials posted a 6.99% return. consumer Discretionary in the U.S rebounded to produce a return of 1.89%, but the ex/U.S. component of the group was off 1.99% for the month. Growth and Value were both down in August, but performance was split by region. Growth’s overall 1.60% decline during the month was the result of a 6.63% drop in the Asian Pacific market and a l.46% gain in the North American region. Value saw similar results, declining 1.50% during the month with Asia Pacific down 4.46% and North America up 0.92%. “U.S. decoupling, which was generally accepted late last year/early this year, has now been reversed with pundits again speaking about size, leadership, and the American economy’s ability to ride out the storm,” concludes Silverblatt. Though the ability of the US and other developed economies cannot be doubted as within a day of crises, all the major central banks including US Fed, Bank of England and the Bank of Japan injected $247 billion to ease the liquidty conditions i their respective economy point of view but if we see it from the India’s point of view, the amount injected is almost equivalent to the total foreign exchange reserve of the country.

The bail out and subsequent injection of liquidity had its desired impact on the bleeding stock markets across the globe including the India, where the Indian finance minister stepped in to dissuade investors fears and declared Indian systems completely insulted from the global crisis and the Indian banking sector is least affected by the global turmoil.. The Sensex and the Nifty posted its one of the biggest intra-day gains on Friday September 19,2008.

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Just nine months after the US Treasury bailed out the nation’s largest banks, Wall Street’s biggest surviving securities firm topped forecasts as Goldman Sachs said quarterly earnings surged 33 percent. Goldman also blew the lid off compensation. It set aside $6.65 billion for salary, bonuses and benefits in the quarter, putting the average Goldman employee on pace to earn more than $900000 this year, while senior officers and star traders will likely receive tens of millions of dollars.. Higher energy prices rippled through the economy in June, helping to drive a bigger-than-expected gain in retail sales.The sharp rise in wholesale prices could fan investors’ fears about inflation tho. Economists viewed the energy cost hikes as temporary and not the beginning of a dangerous bout of spiraling prices, but said consumers likely will remain cautious as the unemployment rates ticks up. Exxon Mobil said today it will make its first major investment in greenhouse-gas reducing biofuels in a $600 million partnership with La Jolla biotech company Synthetic Genomics to develop transportation fuels from algae. The oil and gas giant has been criticized for not spending enough to explore alternative energy options. One of the company’s requirements was finding a biofuel source that could be produced on a large scale. If the alliance is successful, pumping algae-based gasoline at Exxon service stations is still several years away. Dell said today that the US personal computer market …

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Goldman Sachs (NYSE:GS) said it is limiting compensation for UK based partners to $1.6 million, according to a Dow Jones Newswire report, which cited a person familiar with the matter. The move affects about 100 of Goldman’s top employees in London. The bank is responding to both issues over Wall Street pay packages and the UK tax on bonuses. Criticism over Goldman’s pay has been fierce, due to soaring revenue and profits, and last week the company reported 2009 earnings of $13.39 billion, What records

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Goldman Sachs, I would say more. Will be key topics of this week but the Commission so long. They can be light and video of our investigation just because I was to hit this month by the blow www.TheContrarianTrader.com fraud.

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Main Entry: ta-boo

Function: adjective

Etymology: Tongan tabu

Date: 1777

1: forbidden to profane use or contact because of what are held to be dangerous supernatural powers

2 a: banned on grounds of morality or taste b: banned as constituting a risk

If Hollywood, Wall Street, the Federal Reserve, a huge part of the media, a very disproportionate part of the Obama administration and the Senate were Muslim, do you think Americans would at least wonder out loud and in the media about how so much power was concentrated in the hands of such a small group of people?

If the Goldman Sachs/Citigroup bailout bonanza orchestrated by Robert Rubin and company had been pulled off by Muslims, and a Muslim investment bank, do you think people would be up in arms and at least openly and publicly questioning how this happened? If Muslims had ransacked the public coffers claiming Armageddon if they were not saved, and the next year made million dollar bonuses, would red flags go up in mainstream America?

If the head of the Federal Reserve was Muslim for the last 12 years and three out of the last five Chairmen were Muslim and now Muslims were making fortunes with Federal money, do you think we would talk about it?

If American foreign policy was obsessed with a small, very unimportant country in the Middle East, say, Palestine, and America used its Security Council veto 32 times for Palestine, more than the total number of vetoes used by the rest of the Security Council combined, do you think people would wonder if something strange was going on?

Surprisingly, the Unites States is about as Muslim as it is Jewish. There are approximately 5.5 million Jews in the United States, and almost 7 million Muslims. The 800lb gorilla is now more like a 2,000lb gorilla and journalists, writers, politicians and academics have to step all over themselves not to touch the topic. Why? What are they afraid of?

Why do our Presidents and politicians pander to Israel and the Jewish lobby? Are they afraid that they will be blackballed by the Jewish controlled media as well as AIPCAC and the ADL if they breach the great taboo? Could you imagine candidates in American presidential debates saying they love Palestine and that we have a special relationship to Palestine? Would eyebrows be raised?

If Jews make up about 1.7% of the American population, how is that they almost completely control Hollywood and have an incredibly disproportionate control over our media, foreign policy, financial markets, academia, publishing, advertising, law, journalism, in short, over our lives? There is no denying this; Jewish representation in the above mentioned so obviously disproportionate that there is something going on.

What happened to Jimmy Carter and Mearshiemer and Walt when they breached the taboo? They were ruthlessly marginalized. How can this be done? Jews own or run all of the following; The New York Times, Los Angeles Times, Washington Post, Chicago Tribune, CBS, ABC, NBC, News Corp., New York Daily News, New Yorker, Paramount Pictures, Walt Disney Company, Sony Pictures, Warner Bros., MGM, USA, World news. , MTV, Miramax, New Republic and Time Warner to give them some leverage. Thirty percent of the Forbes 400 richest Americans are Jewish.

If being a jew is part of American Jewish identity is not a comfortable 50 major national Jewish.Organizations of the United States and Israel Public Affairs Committee (AIPAC), B'nai B'rith International, the American Jewish Congress, American Jewish Committee Zionist Organization of America, and Hadassah Anti – Defamation League, AIPAC is by of all accounts of a large lobby. first or second in Washington, heads up with CNN's Wolf Blitzer work NRA AIPAC in 1970.

This can occur? Only two of the possibilities of the Jews.superior to the rest of us and our country being the meritocracy that it is simply rewards superior Jewish intelligence, talent, and work ethic.

The other possibility is that they use their influence to help one another. No one doubts that on a whole, Jews are intelligent. Data shows Ashkenazy Jews have an average IQ of 115, which would make them significantly more intelligent than the average. But the shear number of Jews in roles of power and influence makes it difficult to believe that all their accomplishments are earned through merit.

Is it a problem that Jews have so much influence over our lives and so much power in our country? Do we want to be democracy or a meritocracy/oligarchy? Our country’s culture is being molded by a very small group. Can you imagine Ashura ornaments next to every public Christmas display?

The fact that Jews are smart is not in doubt; however, look at the disproportionate amount of sportscasters that are Jewish. Granted Jews are smarter than the rest of us, but are they better about talking sports than the rest of us? How many sports agents are Jewish? African Americans, who have earned enormous accolades in US professional sports, can’t find people from their own communities to be their agents? While no one will argue with Jewish intelligence, one area Jews have not dominated is literature. No one would argue that Jews are better poets or writers, than say, the Irish or the Russians. But look at the overwhelming numbers of Jewish literary agents, how did that occur?

What about television anchors? Basically attractive people with nice voices who read the news. I don’t think anyone will argue that Jews are more attractive than the rest of us, or have nicer voices, yet a disproportionate amount of TV broadcasters are Jewish.

These are legitimate questions that many people “whisper about” in private, but never mention in public. Imagine again if we could magically switch Jews to Muslims, Israel to Palestine, and Hanukah to Ashura. Would this still be a taboo subject, or would people question out loud how such a small group of people with a different foreign policy agenda than the rest of America, a different religion than the vast majority of America, got so much power in America.

These issues should be discussed openly. If these topics continue to be taboo, at some point it will explode on the public scene in a very ugly way. A demagogue in the Rush Limbaugh or Glen Beck mould could emerge on the national stage using this subject to stir a country teetering on financial collapse, creating hate and violence.

The demonizing of Goldman Sachs and its president is a not very subtle expression of pent up American frustration at Jewish dominance in so many areas. Imagine another financial collapse, not such an unlikely occurrence, and there is a real chance that a very ugly antisemitism could emerge. It is much healthier to come out now and discuss and admit publicly that Jews are exceptionally over represented in the corridors of power and discuss why it has happened and if something should be done to compensate it.

Maybe this is not a problem. America is not officially a Christian nation, and maybe Americans don’t mind that very important parts of their culture, media and business communities are dominated by non-Christians, and maybe people will simply accept the fact that Jews have earned a dominant role in our society, and by extension, deserve to be able to mold our foreign policy towards their own interests.

But maybe not. There are no African American senators, there are 13 Jewish senators. African Americans can’t give good speeches, smile, and shake people’s hands? How will this country have this discussion if our media is almost entirely controlled by Jews? There is something very wrong when a very small group of people, with a very special agenda, take over a nation. This topic cannot be discussed because the taboo of antisemitism won’t allow it. It is good that antisemitism is taboo, it should be. But through a very subtle maneuver, Jews have taken over a large part of this country and managed to stifle any resistance by accusing anyone who raises a voice of being anti-Semitic, the ultimate taboo which stigmatizes someone as a quasi Nazi.

For the good all of Americans, this topic needs to be discussed in an adult, peaceful, and civilized manner. If it is not addressed directly and Open happens. But full of demagogues and those who hate, anger and violence. This is a debate that we have and will be soon.

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The idea of minting money with stocks is decades old and has been the key to many rags to riches stories all around the world. However, there is always an element of uncertainty with stocks and that holds back a lot of potential investors from trying out their luck in stocks when they could potentially be earning far more than their daily 9 to 5 job. Now, imagine if you were told that certain stock trading software would promise to revolutionize your stock market experience by providing you accurate market breaking tips week in and week out. Doubling Stocks is a site that claims to predict future trends.

Stock trading robots provide you tips on a weekly basis as generated by software. In the case of Doubling Stocks their system called ‘Marl’ is a industry leasing stocks trading software which has a long and chequered history. Marl was founded by the developers of the famous Golden Alpha computer stock-trading model, which was soon traded out to Goldman Sachs, the investment company responsible for the wealth of Coca Cola, Google etc. However, the company has a limitation of being able to manage only large amounts of investment and this is where Michael, the developer of the Golden Alpha model decided to chip in. After a large pay-off from Goldman Sachs, Michael was on a mission to develop yet another piece of stock trading software, which could have a virtual Midas touch. After weeks of intensive research they came up with a system named Marl

Marl has been designed to observe price shift patterns with time. It checks in stock patterns ever hour after hour and observes bullish market behavior. In addition, Marl also checks up the trends of thousands of other software trading patterns around the stock trading market and then makes up a verdict based on the patterns of an individual stock and the market trend as a whole. The results of this seemed positive, the picks suggested by Marl landed in a 205% profit within just three days. The site contains all the video testimonials and proof of the various winning trends suggested by Marl.

My only criticism of the website initially is the explanation of their system. What they are providing is a weekly newsletter, at first I thought it was some kind of software, maybe that could of been explained a little clearer.

The growing industry demand for the software meant that a hefty price tag of $28,000 was placed on a lifetime license for the software. However, with Doubling Stocks, you can take full advantage of the software without paying up a bump for the bot. The site provides you newsletters on a weekly basis, which contain specific picks by, Marl which are sure to succeed in the weeks ahead. The site contains testimonials of thousands who have deemed to have benefited immensely from the weekly tips handed out by Marl. Priced at $49, this service comes with a reliable 8-week unconditional money back guarantee.

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