Doing God’s Work – Turnbull An Angel Of Death Derivatives

Ever heard of “death derivatives”?

If not, then what you’re about to learn may cause you to wish that you had never read this post.

Or the linked mainstream business news stories.

On April 6 last year, the leading advocate for CO2 emissions trading in Australia, Goldman Sachs’ Malcolm Turnbull, announced his retirement from politics, having lost the leadership of the Liberal Party over his dogged stance on an ETS.

At the time, Mr Turnbull indicated his desire to pursue business interests.

From SmartCompany.com.au:

Will Malcolm Turnbull Become Australia’s Most Prominent Angel Investor?

“Lucy and I are looking forward to pursuing new opportunities in the business world,” he told Sky News shortly after announcing his decision to quit.

We all know just how keenly Malcolm Turnbull wants to see Australia with a carbon (dioxide) derivatives trading scheme.

So one wonders if he is also looking to become an “angel” of Goldman’s newest invention – “death derivatives”.

From Bloomberg one week ago, 17 May 2011:

Death Derivatives Emerge From Pension Risks of Living Too Long

Goldman Sachs Group Inc. (GS), Deutsche Bank AG (DBK) and JPMorgan Chase & Co. (JPM), which bundled and sold billions of dollars of mortgage loans, now want to help investors bet on people’s deaths.

Pension funds sitting on more than $23 trillion of assets are buying insurance against the risk their members live longer than expected. Banks are looking to earn fees from packaging that risk into bonds and other securities to sell to investors.

There you have it.

To banksters, insurance companies, and superannuation fund managers, the possibility of your living “longer than expected” is considered a “risk“.

Nice.

And now, thanks to the sick, evil genius of global banksters like Goldman Sachs, this “risk” factor of you and your loved ones living longer than expected can be packaged up into a tradeable commodity.

A ‘death derivative’.

A new artificial “commodity” – exactly like “carbon permits” – that can be used to attract “investors” who want to place bets with despicable scumbag banksters like Goldman Sachs, on how long each securitised “pool” of human beings will live for.

“And the merchants of the earth will weep and mourn over her, for no one buys their merchandise anymore: merchandise of gold and silver … and bodies and souls of men.”

Shocked?

Maybe you should not be.

This latest bankster monstrosity comes from the very same people who, according to CEO Lloyd Blankfein, claim they are “doing god’s work”.

From Times Online UK:

I’m doing ‘God’s work’. Meet Mr Goldman Sachs

We have seen in “Compassion For Malcolm: He Just Wants His Balls Back”, that there is a little-known and very uncomfortable truth about the connection between Mr Turnbull and international investment bank Goldman Sachs.

We know too, that Mr Turnbull loves to get in early on new profit-making opportunities, as an “angel investor”.

Malcolm Turnbull is the wealthiest politician in Australia by far, with an estimated $186 million fortune in 2010.

Will he use some of it to become an angel of (Goldman’s) death derivatives?

Seems like a sound investment to me … if you’re a morally bankrupt prophet (profit) of global warming catastrophe, (ie), a merchant of death.

Think about it.

A carbon tax – the banksters’ foot-in-the-door on the way to an emissions trading scheme “in 3 to 5 years” – will drive up the cost of living. That is one of the key goals that global warming advocates will – only if pressured – sheepishly admit is the whole point of “putting a price on carbon”. To force citizens to alter their way of living, due directly to rising costs for everything.

What will be the ultimate effect?

Barnaby Joyce has said it well. More and more older Australians already stay in bed all day in winter, because they can’t afford the extra electricity to warm the house:

“Last winter my mother-in-law told me that on her meals-on-wheels runs she often finds pensioners in bed, not because they are sick, but because it is the warmest part of the house when they can’t afford the heating.

That’s right here in Australia, where we enjoy a naturally warm climate.

Can you imagine just how many elderly (and not so elderly) people will suffer physically in the future, when current record-high electricity prices double?

From The Age, May 22 2011:

One of Australia’s largest home and business electricity suppliers, TRUenergy, has warned that household power bills will double in six years after a carbon price is introduced and uncertainty over its implementation might lead to power shortages.

That would be bad enough for older Australians. People just like your mum and dad. Your nanna and grandpa.

Imagine the impact on elderly folk in the much-colder Northern Hemisphere, where far more of the world’s total population lives. And where, right now, 44 million (about 1 in 7) Americans already depend on food stamps for survival. All thanks to the banksters’ GFC.

The effect of our allowing CO2 taxes / emissions trading to be enacted, is now very clear.

The cost of electricity will rise.

The cost of gas will rise.

The cost of food will rise.

The cost of water will rise.

The cost of clothing will rise.

The cost of transport will rise.

The cost of housing will rise.

Yes. The cost of everything will rise.

In due time.

But is all this just about ever-rising prices?

No.

It’s about the effect of ever-rising prices.

And what will be the effect?

The multi-decade trend of rising longevity in the Western world, will begin to reverse.

Older people – like your parents, and grandparents – will stop living longer.

They will start dying earlier than the insurance and superannuation industries’ models have been expecting.

Thanks to carbon dioxide derivatives trading, more and more human beings will die earlier and earlier than “investors” in death derivatives have estimated.

Superannuation fund managers, insurance companies, “investors” and speculators will find that they have made the wrong bet on average life expectancies.

Meaning – the banksters will first make a killing on the trade in carbon dioxide derivatives.

And then make another killing on the trade in their new ‘death derivatives’ too.

That’s their plan.

Angels of death. ‘Doing god’s work’.

Profits of death. For merchants of death.

“The first thing you need to know about Goldman Sachs is that it’s everywhere. 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.”

This is the ugly reality. There are people in this world who do not give a shit about you, or your little life.

They just want to profit from it.

In every way they can.

They don’t even “see” you … a wonderful, unique, and priceless individual human being.

They only see a vast herd of human cattle.

To be milked dry.

A huge herd of debt-laden cattle whose lives – and times of death – can be packaged together into different ‘risk’ ‘pools’ and ‘tranches’. Sliced and diced. Securitised. And traded on new “commodity” markets, for vast profits.

What you must also understand is this. These evil scum play The Long Game.

They’re patient bastards.

Don’t be fooled by politicians talk of “household compensation”. It is only for a limited time.

Don’t be fooled by politicians talk of a “low starting price” on carbon dioxide. That is only for a limited time too.

Don’t be fooled by politicians and “experts” pro/con arguments over the “merit” of a carbon tax, versus an emissions trading scheme. Both are intended to have the same effect.

Don’t be fooled by the “carbon tax”.

The banksters would prefer an emissions trading scheme from Day 1. But they are prepared to wait a few years to get what they really want, if opposition from the public means that the safer-sounding option of a “fixed price” carbon tax is needed as a wedge, to get things started.

Mind you, while they’re waiting for an ETS they are still keen to get their hands on those billions in carbon tax money from Day 1 too (see “Our ‘Squeeze Pop’ Carbon Bank“).

A “carbon tax” is the banksters’ foot in our front door.

Don’t be fooled by the merchants of death.

Stop the CO2 Tax.

Stop the banksters.

Please share this information with everyone you know, today.

* Don’t forget to read all about the $15 Trillion in OTC (over the counter) derivatives – called “financial weapons of mass destruction” by none other than Warren Buffet – that are held Off-Balance Sheet by Australia’s banks, versus only $2.66 Trillion in On-Balance Sheet ‘Assets’ … 66% of which ‘assets’ are loans.


UPDATE:

Julia says today that she is playing “the long game” on carbon trading –

Julia Gillard has assured Labor MPs her government will run its full term, telling them she is playing “the long game” and predicting Tony Abbott’s popularity will fade as Labor programs begin to deliver on-the-ground benefits for voters.

What did I say above?

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