Wednesday, June 30, 2010

Goldman Sachs: The Pirates of Poison in the Gulf

Michael Edwards
Activist Post

The Hydra-like creature, Goldman Sachs, has surfaced from the Gulf oil volcano. 

Illinois-based Nalco Corporation is responsible for the Corexit 9500 chemical dispersant highlighted by experts as being 4 times more toxic than the oil that is flowing into the Gulf.  Scientists in congressional hearings added that the dispersant is more toxic than other similar dispersant on the market.  Naturally, whenever a major disaster takes place -- especially when major, society-altering solutions are being offered -- one needs to follow the trail of money and power to see who benefits.  Sure enough, a casual search of Nalco's Web site reveals their company history; it leads right to the doorstep of Goldman Sachs.

Nalco seems to have started in 1928 Chicago and became immediately involved in both the oil industry and water treatment facilities.  1982 seems to have been a massive turning point for the company as their Web site states, "ORS-419 is used in the tires of the Space Shuttle Columbia. The Nalco product is the only non-silicone product of its type on the market approved by the space shuttle tire's manufacturer."  Thereafter, things really seem to have taken off as shown here:

1983:  Nalco breaks ground for a new 300,000-square-foot trio of headquarters buildings in Naperville, representing an investment totaling $90 million.
1984:  Nalco introduces the PORTA-FEED® reusable container system, the most advanced liquid chemical handling system yet introduced.
1985:  Nalco leads the chemical industry in the development of CAER (Community Awareness and Emergency Response), a forerunner of the Emergency Planning and Community Right-to-Know Act of 1986 and the CMA Responsible Care® initiative.
1986:  Nalco consolidates groups from the Energy Chemicals Division and Oil Field Services Division to form a new Petroleum Chemicals Division to be headquartered in Sugar Land. The new Petroleum Chemicals Division will include Visco Chemicals, Refinery Process Chemicals, Additives, Adomite Chemicals and Gas and Oil Handling Chemicals Groups.
1989:  Sales top $1 billion.

Then, in 1994 Nalco joined forces with Exxon Chemical to announce the formation of a new alliance "Nalco/Exxon Energy Chemicals, L.P. to provide products and services to all facets of the petroleum and natural gas industries."

Another name change occurred in 2001 when the company became Ondeo Nalco.  Finally, in 2003, we learn who has taken the reins to lead us into the present.  As their site states:  "The Blackstone Group, Apollo Management L. P. and Goldman Sachs Capital Partners buy Ondeo Nalco."

Global sales now exceed $4 billion and the Gulf cleanup is in the hands of a group of corporate pals who have brought us such fine moments of humanity such as Blackstone's  “locust capitalism” hostile takeover binge which triggered a major political backlash in Germany and elsewhere, and the newly proposed austerity measures coming to America.  Apollo Management is in the Wall Street Journal's Who's Who in Private Equity with the very human investment strategies of leveraged and distressed buyouts and debt investments -- investments now top $37 billion.  And, by now, Goldman Sachs's reputation precedes itself as having engineered the housing crash and exacerbating a financial meltdown in Greece and across Europe.

Yet, Goldman Sachs is far too gluttonous a creature to be happy with administering the profits from the physical fallout of the Gulf disaster.  The kings of the carbon market -- yes, that market that trades nothing but air -- have not been having an easy time of it pushing man-made global warming.   In the Gulf, however, they have their cohort, Barack Obama, well positioned to steer the pirate ship back on course.  It was Obama who helped fund the carbon program from its inception after all.  Right on cue, Obama's e-mail campaign is launched to exploit suffering at the behest of his corporate controllers.

We are living in a full-blown international corporate command and control system where even the most basic rescue efforts are in the hands of proven pirates.  It also has become clear that the pirate flotilla is owned by Goldman Sachs . . . and the president of the United States is the captain.

Related: Gulf Oil Disaster EXPOSED: EPA Lies About Air Quality - AGAIN

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Steven said...

Time to "Hang Them and Hang Them High!"

Activist said...

There has to be a tipping point coming soon where the peasants demand the crooks be put in jail...

Mike said...

groups of executives must go to jail over this...failing which the white house should be made black

Activist said...

Thank you for your comment. Yes, jail time is a must. There is plenty of proof now that this was either outright sabotage, or allowed to happen. Visit, if you haven't already and read Alex Jones's call for a criminal investigation. It is up to the states at this point.

Norm said...

Coach Mo said...
Nothing will be done. We will sit back and take it. We will all watch helplessly, hopelessly, until their agenda plays out. We have as a nation been systematicaly dumbed down enough that the most anyone will do about this madness is wag the head and roll the eyes. Because the MOST important thing is 'Who won American Idol?'

Very distressing I know, but the truth none the less.

Greg said...

So I was scanning the 2010 Bilderberg attendees and I found one Peter Sutherland, a Goldman Sachs chairman who has also served as a chairman of BP. Is it any surprise that the same elites that control our economy also control our earth's natural resources? Our planet is not going to sustain a species as sadly deranged as humankind for much longer.

Activist said...

Great comments. To Norm, I know it is distressing to see so many people still willfully ignorant. But history does show that freedom always has a fighting chance. It never takes place as quickly as it should; and, now, with more distractions and chemical numbing than ever before, it could still be a while. We all must do our part and become active.

Nice find, Greg! And I guess it should be no surprise at all by now, but I'm always surprised by the levels of audacity. The truly deranged are the minority, though ... but they ARE committed!

Millennium Systems said...

Goldman Sachs donated the second highest amount to Obamanation's campaign at $994,795, yet said to be, "...also among the many banks in 2008 and 2009 to receive billions of dollars in taxpayer money to help it stay afloat." Open We have an arch demon in the White House and in the NWO's big daddy investment house,,, a bunch of thieves. Hang ém high!

Activist said...

Thanks for mentioning those details. Open Secrets is a great site for following the money trail. Thanks for the post.


Dave said...

its disgusting how the elites wash their dirty hands with blood. The peasants (us) will stand up one day and destroy the NWO. but i think with money being the power we will do anything for money. we need to abolish money and destry artificial scarcity created by the elite corps.

Activist said...

They definitely use money as a weapon, and they will protect their profits before human life. We must spread enough awareness so that a critical mass is reached. Thanks for your comments. -- M.E.

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