Retirement money that Australian workers are required by law to hand over to the $6 billion VicSuper superannuation fund is being sucked into the Goldman Sachs carbon bubble machine, and Al Gore is coming to town this week to make sure it keeps coming.

VicSuper is a major investor in Gore's Generation Investment Management hedge fund, which is managed by former Goldman Sachs executive David Blood, just one of an array of current and former Goldman Suckers who are orchestrating a bigger financial scam than the Dutch Tulip Bubble of 1637, premised on conning people into believing they can change the weather.

Goldman specialises in peddling influence, by making their executives fabulously wealthy, and then deploying them to key positions in government and public service. Well known Goldman Suckers include: former U.S. Treasury Secretary Henry Paulson, George W. Bush's chief of staff Joshua Bolten, AIG white knight Ed Liddy (who funnelled $13 billion of AIG's bail-out money to Goldman), the heads of the Canadian and Italian central banks, the head of the World Bank, the head of the New York Stock Exchange, the last two heads of the Federal Reserve Bank of New York, Al Gore's partner David Blood, and former Australian Environment Minister and current Opposition leader Malcolm Turnbull.

(Is Turnbull's Goldman Sachs connection the reason he is forcing a deal on Rudd's ignorantly-named Carbon Pollution Reduction Scheme (CPRS), onto his very reluctant party room?)

Citizens Electoral Council leader Craig Isherwood blasted Gore's cap-and-trade scam: "Super funds are now rapidly pumping Australian savings into a carbon bubble, which will evaporate in Gore's hot air, just as dupes lost money in the dot-com bubble bolstered by the Y2K hoax. Remember those dot-com companies that produced nothing, yet had millions of dollars in market capital? Well, we're being sucked into the same type of fraud again with carbon trading."

Isherwood concluded, "However, this swindle is much worse, because we'll be pumping money to shut down productive industries and attempting to replace them with inefficient so-called alternatives, which will collapse our economy into dark age conditions, and kill people."

Besides Goldman Sachs, the Street's other surviving behemoth is JPMorgan. Today it posted second-quarter earnings up a stunning 36 percent from the first quarter, to $2.7 billion.

The resurgence of JPMorgan and Goldman Sachs gives both banks more financial clout than any other players on the Street -allowing both firms to lure talent from everywhere else on the Street with multi-million pay packages, giving both firms enough economic power to charge clients whopping fees, and bestowing on both firms even more political heft in Washington.

Where are the anti-trusters when we need them? Alternatively, why isn't the government charging Goldman and JPMorgan a large insurance fee for classifying both firms as "too big to fail" and therefore automatically bailed out if the risks they take turn sour? Instead, we've ended up with two giants that now have most of the casino to themselves, are playing with poker chips backed by taxpayers, and have a big say in what the rules of the game are to be.

http://www.truthout.org/071909T?n