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Are former members of the "Goldman Gang" driving the stock market?

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I, and many other market watchers have said that the stock markets rise since July 2006 was strange. Jeff Saut at Raymond James has said it, as has Barry Ritholtz, Larry McDonald on Seeking Alpha, and a host of others.

This morning, Bill Cara (www.billcara.com) did a great job of outlining how former employees of Goldman Sachs have "taken control of the US Treasury, the Fed, the New York Stock Exchange and now the World Bank – all since March 7, 2006."

Do yourself a favor and read what Mr. Cara said this morning about the "Gambino Goldman" gang. Here is the link: Bill Cara

What bothers me the most about the stock market is it is no longer based on supply and demand. The little guy doesn't have the time to research and understand what is happening. All the investor sees is a market that is going up, but doesn't know why.

Some will say this is conspiracy stuff, but this is what people in control want you to believe when they what you to ignore what is really going on. Once they can get the masses to believe something as fact, you can take their money. This is nothing more than a high stakes game of poker. If you can keep a straight face and bluff, you can win.

Its clear that the Wall Street gang looks at the financial markets as "Our Thing". Well let me tell you, it really is. Everybody looks like a genius when the market is going up. This is one of the biggest mistakes the small investor makes. In a bull market, the small investor believes they are in control, and directly responsible for their good fortune. This has proven to be a mistake in the past, and will continue to be a mistake in the future.

This morning we woke up to news about a sell off in the Chinese markets. Don't you find it odd that Alan Greenspan warned us of this possiblity last week, right after Treasury Secretary Hank Paulsen got nowhere in his meeting with Chinese officials?

Now, another former Goldman Sachs guy was appointed by the Bush Administration (Goldman Sachs Vice-Chairman Robert Zoellick) to head up the World Bank. Think what you what, but all of this is happen right before our very eyes.

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