Oligarch bankers are using woke PR campaigns to whitewash the greatest wealth inequality and economic plunder in history

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Goldman Sachs has announced a broad pledge of $10 billion to ‘change the lives’ of One Million Black Women. But the plan is thin on detail and smacks of a bid for good PR from an industry where inequality has thrived for years.

In a press release, Goldman Sachs promised that the One Million Black Women initiative “will address the dual disproportionate gender and racial biases that black women have faced for generations, which the pandemic has only exacerbated.” And Goldman’s CEO David Solomon explained the framework for the project. “Given all that’s happened over the course of the last year, we’ve done a lot of talking at the firm–and even more, listening–to help us figure out how we can do more to end the racial inequity and the gaps that have existed in society for well too long,” he said. Additionally, Goldman pledged $100 million for philanthropic causes.  

The announcement follows last year’s wave of similarly vague corporate pledges. For example, in October, Jamie Dimon’s JPMorgan Chase promised $30 billion to address inequality over the next five years. 

But there’s a problem with these pledges.After the banks received trillions from the taxpayer-funded 2008 bailouts, should we believe that these same bankers–who plundered billions at the expense of the middle class–will make an honest effort to end wealth inequality? Or should we see it for what it is, a PR campaign without substance?

After all, Goldman’s record isn’t great, as was demonstrated by disclosures from ex-employee Greg Smith to The New York Times in 2012. “I can honestly say that the environment now is as toxic and destructive as I have ever seen it,” he wrote. “To put the problem in the simplest terms, the interests of the client continue to be side-lined in the way the firm operates and thinks about making money.”

There was also the classic Goldman Congressional testimony that uncovered how the firm’s managing director knew how “sh**ty deals” were sold to clients.

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In an effort to address these issues, the Goldman Sachs 2017 Environmental, Social and Governance (ESG) report, signed by CEO Lloyd Blankfein and the then COO Solomon, stressed, “At the management level, our focus on business standards and reputational risk is fundamental to running our business. We have two management-level committees that are dedicated to these critical issues. 

“Our Firmwide Reputational Risk Committee has developed formalized processes for analysing reputational risk and reviews certain transactions that may present the potential for heightened reputational risk. In addition, our firmwide Client and Business Standards Committee assesses and makes determinations regarding business standards and practices, reputational risk management, client relationships, and client service.” 

Here’s my memo to Solomon: Since you are committing to woke principles “addressing the dual disproportionate gender and racial biases,” why not be 100 percent transparent in disclosing the recruitment and hiring practices of Goldman Sachs for the past 20 years? Please disclose the following: the details of the payouts of each bonus pool, by department and individual, and the criterion for the bonuses paid by each investment banking division, the detailed criterion for advancement in all investment banking divisions, and a table of all employee salaries broken down by investment banking division, gender, race and religion.  

There have been numerous examples over the years of how Goldman Sachs has benefited at the taxpayers’ expense.

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Billionaire banker Blankfein served as CEO from 2006 until December 2018 and is now senior chairman. In 2008, Blankfein’s compensation was $43 million. At the same time, Goldman Sachs not only received a $12.9 billion bailout from US taxpayers but it also borrowed at least $5 billion from Warren Buffett’s Berkshire Hathaway to remain solvent during the credit crisis.

Not coincidentally, Blankfein’s predecessor as Goldman’s CEO was billionaire Hank Paulson, who went on to serve as the US Secretary of the Treasury. It was Paulson who created the US taxpayer-backed bank bailouts. When speaking about these bailouts, Alan Greenspan, a previous Federal Reserve Chairman, stated that existing laws were not enforced during the credit crisis, “Things were being done that were certainly illegal and clearly criminal.”  

Before the credit crisis, when Paulson took over the Treasury Secretary role, he obtained a ‘certificate of divestiture,’ which allowed him to sell over three million shares of Goldman stock values at nearly 500 million dollars tax-free. Ex-Goldman executive Robert Rubin enjoyed the same tax loophole when he was appointed Treasury Secretary by Bill Clinton. 

Another example of this oligopoly is illustrated in the compensation paid by JPMorgan Chase to Dimon, the 65-year-old multi-billionaire. Dimon is the best-compensated bank CEO in modern history, receiving total compensation of $49.9 million in 2007 – right before the credit crisis and the trillions in bank bailouts engineered by Paulson. In 2018, Dimon received $31 million. In 2019, his total compensation was $31.5 million. 

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Nauseated by Washington’s pay-to-play yet? In my book, Planet Ponzi, I detail how the destructive nature of the revolving door between Washington DC’s swamp and Wall Street will destroy capitalism. Reckless policies by central bankers like Janet Yellen and Ben Bernanke have made the wealth inequality gap the widest in history. Fast forward to 2021, and we have corporate policy guided by mob-rule, cancel culture and woke victimisation. 

None of these banks care about equality—racial, economic or otherwise—unless it directly impacts their paycheques. And that remains evident from yet more hollow pledges. More to the point, after the heinous actions banks took bankrupting America over the past several decades, should we really believe that these same bankers are going to make a serious effort to end wealth inequality? Or should we see this latest verbal diarrhoea for what it really is: a bulls**t PR campaign by people who really don’t care about equality? After all, this program is coming from a company with 45,000 employees, where less than three percent of the senior management are ‘black or African American.’ 

In 1963, Martin Luther King stated: “I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin, but by the content of their character.”Dr King’s dream was that America would become a ‘color-blind’ meritocracy. It would be incredibly dangerous to use the immutable characteristics of gender, race, religion and ethnic background as a criterion for selecting anything. We have come a long way in race relations since the murder of Dr King in 1968, but today’s woke culture is regressive. Backed by a corrupted media and social media censorship, our society is moving backwards, while our oligarch rulers commit the greatest economic plunder in history.

And that’s why I expect this Goldman Sachs’ program aimed at addressing gender and racial biases to amount to nothing more than woke PR whitewash.

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of RT.

Rick Ross – Trap Trap Trap (feat. Young Thug & Wale) (Rather You Than Me Album)

[Intro: Rick Ross]
Beep, beep
I’m sittin’ at the red light
My ankle monitor beepin’
Hadn’t been charged (fuck that)
I think I see the beeper (let’s bounce, man)
Mmm, bounce

[Chorus: Rick Ross]
I took my roof off at the red light
I took my roof off at the red light
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trap
Brown bag legend ’cause it’s all cash
Brown bag legend when it’s all cash
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trap

[Verse 1: Rick Ross]
First one on the block, woah, I need mine off the top, uh
Overtown, he got shot, but he died in Opa-locka
Couldn’t save one lung, hit ’em up, hmm, hmm
See the look on my face (woo!) like Carol City one state
Niggas hate on my sound, ’til I went the first round
Then I earnt the Lombardi, ain’t no fuckboys allowed
Only fuck if she exclusive, her favorite rapper Lil Boosie
To tell the truth I didn’t ask, when it come to bitches I’m Gucci
I’m the wrong one to rob, in the jungle I’m Nas
In the label I’m Russ, in the trap I’m Rick Ross
Double M, Goldman Sachs, just like Omar and Khloe
You came down for the packs, I sent you back loaded

[Chorus: Rick Ross & Young Thug]
I took my roof off at the red light
I took my roof off at the red light
I took my roof off at the red light
Roof off at the red light
Trap, trap, trap, trap, trap, trap
Trap, trap
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, sheesh
Brown bag legend ’cause it’s all cash
Brown bag legend when it’s all cash
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trap

[Verse 2: Young Thug]
I was tryna bet the whole map
Out in Vegas, out the trap
Niggas talkin’ ’bout raidin’ the trap
Man, I’m ’bout to go ape in the trap (nigga goin’ ape shit)
Nigga, watch your babies in the trap
Nigga cookin’ oil base in the trap
Young nigga slave in the trap
Nigga run base, base in the trap
I’m ’bout to get this shit movin’, yeah
Answer the door with the Woolie, yeah
Wrist in the water, I need me a boat
I’m ’bout to get this shit cruisin’, yeah
Stand at the stove ’til you’re woozy, woozy
Let’s make a movie, movie, yeah
Move, move, move
Bitch, I’m richer than Tom Cruise, yeah
So many different meds on me
Fuck around, call the Fed on me
Chk-chk, boom boom boom your head, homie, reds
Draco got a lot of lead on it, you dead

[Chorus: Rick Ross]
I took my roof off at the red light
I took my roof off at the red light
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trap
Brown bag legend ’cause it’s all cash
Brown bag legend when it’s all cash
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trap

[Verse 3: Wale]
Yeah, Wale though, uh, uh
I ain’t nothin’ like the trap niggas, Goyard backpack nigga
Uber crates ’til the Feds pull up, woo woo, cataracts, nigga
I’m the type, holla at the wife
Her body yours, but her soul is mine
Adios, do a hundred 20
All she want is good dick and advice
Wraith, scrappin’ my tires, Jameson ’til I’m fried
Famous here but I’m humble, Double M the Empire
Renzel got me all day, I’m Kyrie, he LeBron James
Tired niggas say Folarin ain’t top
I’ve been SportsCenter every day
I ain’t nothin’ like them trap guys, I mean I kinda do bag dimes
I kinda never do back down, leave a nigga high via rap lines
Get a beat, leave it baptized, mob ties, but it’s black lives
Black lives, nigga, trap lives, gimme five on the black side

[Chorus: Rick Ross & Young Thug]
I took my roof off at the red light
I took my roof off at the red light
I took my roof off at the red light
Roof off at the red light
Trap, trap, trap, trap, trap, trap
Trap, trap
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, sheesh
Brown bag legend ’cause it’s all cash
Brown bag legend when it’s all cash
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trap

Trap trap trap – Rick Ross feat. Young Thug lyrics

Lyrics Rick Ross – Trap trap trap

I took my roof off at the red light
I took my roof off at the red light
Trap trap trap, trap, trap, trap
Trap trap trap, trap, trap, trap
Brown bag legend ’cause it’s all cash
Brown bag legend when it’s all cash
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trap.

First one on the block, woah
I need mine off the top, uh
Over town, he got shot
Muddy died in Opa-locka
Couldn’t save one lung
Hit ’em up, hmm, hmm
See the look on my face (woo!)
Like Carol City one state
Niggas hate on my sound
‘Til I went the first round
Then I earnt the Lombardi
Ain’t no f*ckboys allowed
Only f*ck if she exclusive
Her favorite rapper Lil Boosie
To tell the truth I didn’t ask
When it come to b*tches I’m Gucci
I’m the wrong one to rob
In the jungle I’m Nas
In the label I’m Russ
In the trap I’m Rick Ross
Double M, Goldman Sachs
Just like Omar and Khloe
You can’t dial for the packs
I sent you right back loaded.

I took my roof off at the red light
I took my roof off at the red light
I took my roof off at the red light
Roof off at the red light
Trap, trap, trap, trap, trap, trap
Trap, trap
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, sheesh
Brown bag legend ’cause it’s all cash
Brown bag legend when it’s all cash
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trap.

I was tryna bet the whole map, Vegas, stay in the trap
Niggas talkin’ ’bout raidin’ the trap
Man I’m ’bout to go ape in the trap (nigga goin’ ape shit)
Nigga watch your babies in the trap
Nigga cook a whole base in the trap
Young nigga slave in the trap
Nigga run base, base in the trap
I’m ’bout to get this shit movin’, yeah
Answer the door with the Woolie, yeah
Wrist in the water, I need me a boat
I’m ’bout to get this shit cruisin’, yeah
Stand at the stove ’til you’re woozy, woozy
Let’s make a movie, movie, yeah
Movie, movie, movie versuri-lyrics.info
b*tch I’m richer than Tom Cruise, yeah
So many different meds on me
f*ck around, call the fed on me
Chk, boom boom boom your head, homie
Draco got a lot of lead on it
You dead.

I took my roof off at the red light
I took my roof off at the red light
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trap
Brown bag legend ’cause it’s all cash
Brown bag legend when it’s all cash
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trap.

Wale though
I ain’t nothin’ like the trap niggas
Goyard backpack nigga
Uber crates ’til the feds pull up
Woo woo, cataracts, nigga
I’m the type, holla at the wife
Her body yours, but her soul is mine
Adios, do a hundred 20
All she want is good d*ck and advice
Wraith, scrappin’ my tires
Jameson ’til I’m fried
Famous here but I’m humble
Double M the Empire
Renzel got me all day
Kyrie, he LeBron James
Tired niggas say Folarin ain’t top SportsCenter every day
I ain’t nothin’ like them trap guys
I mean I kinda do bag dimes
I kinda never do back down
Leave a nigga high via rap lines
Get a beat, leave it baptized
Mob ties, but it’s black lives
Black lives, nigga, trap lives
Gimme five on the black side.

I took my roof off at the red light
I took my roof off at the red light
I took my roof off at the red light
Roof off at the red light
Trap, trap, trap, trap, trap, trap
Trap, trap
Trap trap trap, trap, trap, trap
Trap trap trap, trap, sheesh
Brown bag legend ’cause it’s all cash
Brown bag legend when it’s all cash
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trappp.
Rick Ross lyrics
Video Rick Ross

Rick Ross – Trap Trap Trap (feat. Young Thug & Wale)

[Intro: Rick Ross]
Beep
Beep
I’m sittin’ at the red light
My ankle monitor beepin’
Hadn’t been charged
I think I see the beeper
Bounce

[Chorus: Rick Ross]
I took my roof off at the red light
I took my roof off at the red light
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trap
Brown bag legend ’cause it’s all cash
Brown bag legend when it’s all cash
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trap

[Verse 1: Rick Ross]
First one on the block, woah
I need mine off the top, uh
Over town, he got shot
Muddy died in [?]
Couldn’t save one Hummer
Hit ’em up, hmm, hmm
See the look on my face (woo!)
Like [?]
Niggas hate on my sound
‘Til I went the [?]
Then I earnt the Lombardi
Ain’t no fuckboys allowed
Only fuck if she exclusive
Her favorite rapper Lil Boosie
To tell the truth I didn’t ask
When it come to bitches I’m Gucci
I’m the wrong one to rob
In the jungle I’m Nas
In the label I’m Russ
In the trap I’m Rick Ross
Double M, Goldman Sachs
Just like Omar and Khloe
You can’t dial for the packs
I sent you right back loaded

[Chorus: Rick Ross & Young Thug]
I took my roof off at the red light
I took my roof off at the red light
I took my roof off at the red light
Roof off at the red light
Trap, trap, trap, trap, trap, trap
Trap, trap
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, sheesh
Brown bag legend ’cause it’s all cash
Brown bag legend when it’s all cash
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trap

[Verse 2: Young Thug]
I was tryna bet the whole map, Vegas, stay in the trap
Niggas talkin’ ’bout raidin’ the trap
Man I’m ’bout to go ape in the trap (nigga goin’ ape shit)
Nigga watch your babies in the trap
Nigga cook a whole base in the trap
Young nigga slave in the trap
Nigga run base, base in the trap
I’m ’bout to get this shit movin’, yeah
Answer the door with the Woolie, yeah
Wrist in the water, I need me a boat
I’m ’bout to get this shit cruisin’, yeah
Stand at the store ’til you’re woozy, woozy
Let’s make a movie, movie, yeah
Movie, movie, movie
Bitch I’m richer than Tom Cruise, yeah
So many different meds on me
Fuck around, call the fed on me
Boom boom boom your head, homie
Draco got a lot of lead on it
You dead

[Chorus: Rick Ross]
I took my roof off at the red light
I took my roof off at the red light
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trap
Brown bag legend ’cause it’s all cash
Brown bag legend when it’s all cash
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trap

[Verse 3: Wale]
Wale though
I ain’t nothin’ like the trap niggas
Goyard backpack nigga
Uber crates ’til the feds pull up
Woo woo, cataracts, nigga
I’m the type, holla at the wife
Her body yours, but her soul is mine
Adios, do a hundred 20
All she want is good dick and advice
[?]
[?]
Famous here but I’m humble
Double M the empire
Renzel got me all day
Kyrie, he LeBron James
Tired niggas say Folarin [?] SportsCenter every day
I ain’t nothin’ like them trap guys
I mean I kinda do bag dimes
I kinda never do back down
Leave a nigga high via rap lines
Get a beat, leave it baptized
Mob ties, but it’s black lives
Black lives, nigga, trap lives
Gimme five on the black side

[Chorus: Rick Ross & Young Thug]
I took my roof off at the red light
I took my roof off at the red light
I took my roof off at the red light
Roof off at the red light
Trap, trap, trap, trap, trap, trap
Trap, trap
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, sheesh
Brown bag legend ’cause it’s all cash
Brown bag legend when it’s all cash
Trap, trap, trap, trap, trap, trap
Trap, trap, trap, trap, trap, trap

Rick Ross – I Think She Like Me (feat. Ty Dolla $ign)

[Intro: Rick Ross]
This the fliest shit ever
This that rich forever part 2
Uh, uh

[Verse 1: Rick Ross]
Layin’ in my bed, I’m under these gold chandeliers
Can’t say too many names in here these kinda years
Night sweaters and these icy diamonds on my wrist
Ice cube lookin’ nigga, you know life a bitch
I once got no allowance, now I got the crown
I said I was the boss, nobody made a sound
Really had to see them things, this level story tellin’
Who else could flip a chorus into 40 million
Out in Cannes with Leonardo DiCaprio
While out on bond, pray I go to trial rapido
8 felonies, tellin’ me wanna give me life
Every nut I bust really, gotta do it twice
Ricky Ronaldo, really when I’m in Portugal
I pull a yacht out this weekend, I’m fuckin’ so and so
Cameras flash, paparazzi layin’ in the grass
Tom Brady my new nig but you can tell ’em that

[Hook: Ty Dolla $ign]
Uh, I think she like me
Oh, I think she like me
I know her nigga don’t like me
With your bitch right now, yeah, I might be
Sippin’ this right now, yeah, we might be
Might hit her from the back, let her ride me
Girl, you never meet another nigga like me
Girl, you never meet another man like me

[Verse 2: Rick Ross]
I’m sexin’ women, I don’t fish her out
I gas her up and let her lick me down
I may name my daughter Hermes
Get my jeweler to decorate the new birds nest
20 million up in Merrill Lynch
I met his chick, he haven’t seen her since
Through the city, I’m still floatin’ like a magic carpet
She stop me for a selfie, I just want the knowledge
It’s special once you thinkin’ send your kids to college
Or be a geechi nigga just to keep the Bentley polished
Do it for the dear departed, fuck up Ben Carson
And [?], you made a nigga a target
Only one that’s smokin’ up in Goldman Sachs
When I’m the only one that’s rollin’ like a quarter back
And I never put it in my government
‘Cause I never put on for the government

[Hook: Ty Dolla $ign]
Uh, I think she like me
Oh, I think she like me
I know her nigga don’t like me
With your bitch right now, yeah, I might be
Sippin’ this Sprite now, yeah, we might be
Might hit her from the back, let her ride me
‘Cause you never meet another nigga like me
Girl, you never meet another man like me

[Verse 3: Rick Ross]
You caught the case, you gotta post a bond
I’m rathful lemon mixed with young Wale, Folarin
Starin’ in my safe, I’m rather safe than sorry
Diddy, Jigga, only two niggas comin’ for me
I park the caddy in my livin’ room
Pussy niggas lookin’ for me, I’ma give it to him
Santorini, Greece, sex in the swimmin’ pool
If her pussy dry, call her beetle juice
I’m baby makin’ in the Malvides
Put up all the yachts, pulled out the jet skis
Khaled hit me on the FaceTime
I’m the fliest nigga on his bassline
She see the sneakers and she see the stones
Fat boy run the city, seated in the throne
I’m cashin’ in like the Kardashians
My paralysed homie snuck a ratchet in

[Hook: Ty Dolla $ign]
Uh, I think she like me
Oh, I think she like me
I know her nigga don’t like me
With your bitch right now, yeah, I might be
Sippin’ this Sprite now, yeah, we might be
Might hit her from the back, let her ride me
‘Cause you never meet another nigga like me
Girl, you never meet another man like me