Showing posts with label Lloyd Blankfein. Show all posts
Showing posts with label Lloyd Blankfein. Show all posts

Tuesday, December 11, 2012

12-12-12 Concert For "Hurricane Sandy Relief" Just Another Large Charity Scam Run By The Banking Elite Via The Robin Hood Foundation


The above video is a promotion for a "Hurricane Sandy Relief" concert, staring Kanye West, Alicia Keys, Paul McCartney, and more, broadcasting live on television, in an effort to raise money, to benefit the Robin Hood relief fund?  What is the Robin Hood foundation, and why did they sneak that in there?  The Robin Hood Foundation is a huge "charitable" organization, that is run by America's banking and corporate elite, and in my opinion, another front organization for these criminal psychopaths to make more money, and gain more power.

In 2007, The Robin Hood Foundation drew scrutiny from lawmakers in Washington, after a "rainy-day fund" of the organizations grew to $144.5 million from $20 million in less than a decade.  Their main concern: About half the money invested in hedge funds were run by Robin Hood donors or board members, who were paid the industry standard fee of 2 percent of assets and 20 percent of profit for managing the donations.

Sitting on the board of directors is the CEO of JP Morgan (Jes Staley), CEO of General Electric (Jeffrey Immelt), CEO of Goldman Sachs Lloyd Blankfein, and even CEO of Google, Eric Schmidt and another CEO of JP Morgan Jamie Dimon, were recruited as co-chairmans of The Robin Hood Foundation in 2010, in an effort to raise more money.

The Robin Hood Foundation defended accusations against the company by saying, "100 percent of donations are distributed."  What does that even mean?  Of course the money gets distributed to SOMEONE, even if the money was stolen by greedy CEO's, it was still "distributed" among them.

The Robin Hood Foundation also has about $18.5 million a year in administrative, program support and fund-raising costs.

Financial statements from 2010, show at least ten individuals on the staff of the Robin Hood Foundation, making anywhere between $100,000 - $500,000/year salary.

The daughter of New York Mayor Bloomberg works at the Robin Hood Foundation.

Also, in 2009, the infamous George Soros gave the foundation a $50 million contribution.

As I continue to point out, most large charity organizations are scams.  Whether it is The Red Cross, The Salvation Army, or even governmental organizations set-up under the guise of 'helping' like The United Nations or FEMA, when large money is involved, the more there becomes opportunity for corruption.  The solution, I believe, is to keep everything as local as possible, and begin to move away from this idea that great things arise from large organizations, or large governments, rather than individuals.

Lastly, if you feel like being charitable, as you should, go out and directly do something yourself!  Pick up trash, give a person in need some money, donate your time somewhere, etc.

Tuesday, November 27, 2012

European-Style Austerity Cuts Coming To America

Austerity is the term being used by politicians and the big bankers that own them, to describe the process of increasing state revenue, by cutting social services, raising the cost of other social services like health care and education, and increasing taxes, in an effort to "balance their budgets".  If people were receiving a better health care system or education system in exchange for these increases, it may be understandable.  Instead the social services are left the same, or are made worse than before, as the citizens are forced to pay more.

Demonstration against cuts and austerity in Portugal, February 2012

This is what is happening all over Europe, including in the country of Portugal, where the 2013 budget is "the toughest in living memory, including income tax increases of about 30 per cent", according to the Financial Times.  Portugal has already suffered from austerity cuts driving the small country into its deepest recession in 40 years, with record unemployment.  The FT report continues, "Medical fees more than doubled in January. The cost for using emergency services, for example, rose from €9.60 to €20, partly to discourage people with minor ailments from going to hospital. The number of people seeking emergency treatment has since fallen by 10 per cent."  For the politicians and the bankers, this still is not enough, and want even more harsh austerity cuts.  Europe will probably continue to be in chaos, with riots and protests, as long as the elite insist on these austerity cuts.