Economics

The Year Of The Great Vampire Squid

Posted by: ewingsc ⋅ January 15, 2010 ⋅ Post a comment
    Posted in: Economics

By Catherine Austin Fitts

The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.

- Matt Taibbi, “Inside the Great American Bubble Machine”

The Great Vampire Squid

For years, it was hard for many of us to fathom the psychopathic nature of our financial elites, or to expand the meaning of Matt Tabbi’s marvelous description of Goldman Sachs, the great vampire squid. Squid seems a fitting name for the financial cartel that drives what I have traditionally called the Tapeworm.

There were some who saw the danger immediately and tried to warn us, like Sir James Goldsmith. There were some, like myself, who tried to prevent the housing bubble and find alternatives to investing our life savings in it.

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