I had to read this one twice, and with each reading, my nausea, and my anger and frustration, increased. This one was shared by Mr. S.D.H., and it will probably anger you too, and, to put the record straight for those of you not in the USSA, what Goldman Sachs does here will soon  be coming to a school near you. In fact, I've heard from frustrated teachers in the United Kingdom and Australia, and it seems the rot is spreading everywhere. But anyway, read about this latest scam here.

Now, in case you missed the scam - and I rather doubt you did - here it is, one more time:

What is “pay for success” and what are “social impact bonds?” As blogger Fred Klonsky explains:

Pay for Success is a social impact bond (SIB) that pays Wall Street investors like Goldman Sachs a bounty for every child that does not receive special education support.

Pay for Success is nothing less than a push-out program that then pays the bond investor a bonus for every child that is pushed out of special ed services.

This left me breathless, and almost at a loss for words.

That's right: you can now invest in educational deprivation for special needs students, and the more that get pushed out of the "system," the more "successful" it is, and the more money you make. This is not capitalism folks. This is not the manufacture of a product nor the production of a needed service. This is simply the monetization of inhumanity. It is ultimately, if one examines the premise carefully, the trafficing in humanity itself, and of a most barbarous kind. This is not the betterment of society.

And just when I thought the finance-capital world could not possibly become more depraved or more corrupt. Don't get me wrong: I'm not, never have been, and never will be, sympathetic to any form of socialism. But finance capitalism has not served us any better, and I suspect there's little difference between the two. Paper profits are made, the richer get richer, and more empowered in their assault on any manifestion of humanity which they don't like.

And that's what I think is at stake here. Today the special education student will be "too expensive" for the school district. Tomorrow, he or she will be too expensive for society. And from there, it's a short step to the sort of genocidal nonsense and claptrap the Nazis were up to. From there it's a short step to depriving Downes syndrome people or people with other disabilities, from programs designed to help them. (And let's remember, the "model" for their various eugenics laws were precisely those advocated by the super-wealthy and their eugenicist partisans in the good ole USSA.) And let's remember, pre-kindergarten programs have usually been the "test laboratory" for programs that are designed to be expanded to the rest of the system.

Couple the "success bonds" to "Common Core" and its individually adaptive assessment process, and you have a recipe for complete disaster, and cultural collapse, all in the name of profits.

I've now added Goldman Sachs to my prayer list, under the heading of imprecations.

See you on the flip side...

Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".


  1. TRM on February 21, 2016 at 9:31 pm

    “the more that get pushed out of the “system,” ”

    Oh but they get “pushed into” the regular stream (next to worthless IMHO) so that is a success! Right?

    So you will get a bunch of SpecEd kids thrown into regular classes for their “self esteem” improvement and the teachers will just handle it. The better students won’t get left bored as the curriculum gets dumbed down even more.

    Sigh. George Carlin was right on a lot of things and education is one of them. They will never fix it because the last thing they want is a educated populace that can realize how badly they’re getting screwed over.

  2. Sandygirl on February 21, 2016 at 6:43 pm

    Banker Mayer Rothchild said in 1791 – Allow me to issue and control a nations currency, and I care not who makes it’s laws. Wall street and gov’t are one and the same, they play musical chairs every few years.

  3. Robert Barricklow on February 21, 2016 at 6:42 pm

    My reply to you Goshawks was zapped.
    Looks like we’re wearing both Target t-shirts.
    We’re just simply shopping for knowledge any citizen should have.

  4. goshawks on February 21, 2016 at 4:39 pm

    Robert, here is an excellent article, including on the Trans-Pacific Partnership (TPP) and its ramifications, and the IMF (not sure where to put it):

    counterpunch dot org/2016/02/19/the-new-global-financial-cold-war/

    • Robert Barricklow on February 21, 2016 at 6:39 pm

      Yes Goshawks!
      I regulary visit michael-hudsondotcom to get the latest in-depth analysis on the global economic war fronts.{also visit Max Keiser at rtdotcom] for other financial perspectives.
      Guns and Butter has been a favorite of mine for sometime. They are also being attacked from within & without, on financialized political fronts.
      Most sites worth their salt have to keep a weary eye out for those financial sharks; mimicking heat seeking sidewinders, scoping for any green shoots of freethinking liberty-minded spirits.
      Max Keiser’s current report[878] zeros in on the likes of the TPP & European Union with a guest from The Pirate Party.

  5. goshawks on February 21, 2016 at 2:40 pm

    Back in the early 80s, I was an intern at Seattle Mental Health Institute, doing a required internship ‘class’ for my MA in Psychology. Our clients were later-teenagers who basically were not making-it in life. There were structured programs to do everything from life-skills training to delving into their psyches and finding and dealing-with ‘showstoppers’. It was slow but successful.

    Well, this was when the Republicans under Raygun decided to gut the mental health programs. Effectively, funding for expensive stuff like therapy was axed, and lithium was offered instead. (The whole Family Therapy side was slashed to virtually nothing, probably because clients were getting a clue as to ‘why’ they were the way they were.) The Republican bean-counters declared that the clients were ‘good enough’ to be under lithium, and saved all those funds. The clients got to wander the streets…

    The latest Special Education outrage is right down the same avenue as the earlier outrage. Cut ’em loose, and declare victory. Goldman Sachs even gets a bonus for their efforts.

    In one way, I could see this coming. Gut the manufacturing base, reduce taxes to the rich and the corporations, knock out inheritance taxes, repeal legislation on banks, and run a few very-expensive wars. When the costs of the above trickle-down to the bean-counters, don’t revise the ’causes’. Instead, to save dollars, go-after the most vulnerable and least politically-powerful groups…

    The above reminds me of a eerily-pertinent quote:

    “In Germany they came first for the Communists, and I didn’t speak up because I wasn’t a Communist. Then they came for the Jews, and I didn’t speak up because I wasn’t a Jew. Then they came for the trade unionists, and I didn’t speak up because I wasn’t a trade unionist. Then they came for the Catholics, and I didn’t speak up because I was a Protestant. Then they came for me, and by that time no one was left to speak up.”
    ―Martin Niemoller

    • goshawks on February 21, 2016 at 2:43 pm

      Well, I tripped the ‘Your comment is awaiting moderation’ switch again. I will let you know when it reappears or is disappeared. goshawks – February 21, 2016 at 2:40 pm.

    • goshawks on February 22, 2016 at 12:54 pm

      Well, my Comment finally made it out of moderation. It is just ‘above’ this one…

    • Don B on February 22, 2016 at 4:44 pm

      Agree. Its a disgrace of how the mentally ill are treated in today’s society, not to mention people hooked on legal or illegal drugs. Good points G.

  6. Robert Barricklow on February 21, 2016 at 1:01 pm

    Dostoyevsky/ Man is a pliant animal who gets accustomed to anything.

    • Robert Barricklow on February 21, 2016 at 1:08 pm

      Dependence on others is part of being human.
      This inequality is not as things are; it is how they have made them.
      Because they can.

    • Nathan on February 21, 2016 at 1:19 pm

      Correct sir! T.V. Has a lot to do with it

      • Nathan on February 21, 2016 at 1:21 pm

        • Aridzonan_13 on February 21, 2016 at 5:13 pm

          A friend saw him in Austin during the “Bongo Fury” tour. The story goes, Zappa walked up to the mic thru the waves of pot smoke and uttered “Dope is a plot by the Government to keep young people stupid and w/o ambition”. Then he played “The Muffin Man”. He was way ahead of his time.

        • Robert Barricklow on February 21, 2016 at 8:34 pm

          Brings back memories Nathan.
          I used to wake-up to my little bother’s drums banging way on a Zappa and/or Iron Butterfly in a never-ending percussion performance.

  7. NorseMythology on February 21, 2016 at 12:55 pm


    I wonder how the people could respond to this sort of fraud.

    Could we crowdfund Catherine Austin Fitts and a few brilliant lawyers to go after these monsters?

    We really need to reseat our original jurisdiction government and dissolve the d.c. devil corporation and it’s host of demon agencies. I am starting to believe dark spiritual forces have manifested as these artifical entities.

  8. Aridzonan_13 on February 21, 2016 at 11:55 am

    It’s a spin off of “Carbon Credits”. Where the trend of trading something of no intrinsic value is now the norm. Making money on our demise is what Wall St. does. They’ve had a large Naked Short on the U.S. for the last 8 years. Where they are draining the life’s blood of the Nation and are being subsidized via QE to do it.

    If I was in charge, William K. Black and Eliot Spitzer would be loosed w/ RICO onto Wall St. However, it would take ~2500 FBI agents, a 3 square blocks of warehouse space and an IT depart the size of Visa to correlate all the evidence and classify each perpetrators level of involvement in the Greatest Crime of Two Centuries..

    The reason I mention Spitzer, when he discovered what Wall St was doing with MBS (Mortgage Backed Securities). He made some phone calls. The Sheriff was coming. At that exact time he had his paramour-gate.. YAAC. It would have been 6 orders of magnitude cheaper to keep Eliot in paramours than payout QE. He’d of died a happy man and the problem would have been solved.

  9. Robert Barricklow on February 21, 2016 at 11:39 am

    The year 2008 marked a turning point of international capital, the financial crisis providing an unprecedented opportunity to embark on a new phase of accumulation: the commodification of public services.

    • Robert Barricklow on February 21, 2016 at 1:04 pm

      The endgame is to break public services by financializing them to bankruptcy, and at the point of failure to replace them entirely w/privately owned, profit-making services.

  10. marcos toledo on February 21, 2016 at 11:19 am

    This only our elites latest plan that been going on since the herding of indigenous children into death camps called schools to kill them mentally and physically. So now we just throw the untermenschen out on the streets to die. it’s make a zillion dollars for our masters or die garbage.

  11. marcos toledo on February 21, 2016 at 10:59 am

    And these degenerates fantasize the poor and working class are parasites and useless eaters. They have the gall to call themselves “Capitalist” talking about the bottom line slavery on steroids is their wet dream. Even the Romans had more sense than these stoners. This is right out of the dystopia portrayed in “Akame Ga Kill” that ended on Cartoon Network Saturday. They are closing down every store chain of every kind that serves the ninety nine percent since they are no longer needed as customers. Mindless zombie slaves with no rights to serve these mindless parasites hand and foot and to toss out when they cease to be any value of any value to them like in “Battle Angel Alita”.

  12. basta on February 21, 2016 at 9:40 am

    I thought I’d seen it all, entire nations looted, and that there was nothing that Golden Sacks aka the Vampire Squid could ever do at this point that would shock me.

    I was wrong.

  13. Nathan on February 21, 2016 at 8:25 am

    These people are evil, they find ways too destroy society and make money while doing it.

    • Elm on February 21, 2016 at 10:19 pm

      Americans are seduced by a tyranny of convenience and entertainment, whilst being enticed with and emotionally bitten by entitlement and victimhood. They have been bludgeoned, traumatized by fear and insecurity that has clouded their vision. There is a poverty of spirit across the land. Matter is all that matters. The spirit & ideals to which it gives form are in exile. The matter man bellows conceiving a cacophony of obscenities, and ego, in a vain attempt to gain immortality repeats atrocities.

      Every generation must earn, and pay its own way. There is neither an entitlement to dignity nor respect, or freedom. These are earned. That we have come to dignify the undignified and admire the dross and the simpleminded, speaks to man’s perverse talent for rationalization, his adulation for and intoxicated affinity for melting into the cataclysm.

      Evil can be defeated, when enough good men do something. In man, nothing is new under the sun, only the props.

  14. terminally skeptical on February 21, 2016 at 6:32 am

    What a game! If I had a Downes Syndrome kid I would home school (come to think of it I would home school regardless) and become really savvy at how to play this new bond offering. This would require some preparation however and methinks that after a month on a GMO and CAFO diet I might finally have the toxic mindset to be get on board with the rationalization. ‘Cause, face it, is it really that much difference than betting on weather derivatives and crop failure or cheap oil and fracking? The success formula will depend on two things: the guiding mantra when all else fails just lower my standards and my ability to convince large groups of other parents their handicapped kid is really an asset. Collectively we would have the buying power and ability to move markets like institutional investors. Goldman Sachs might even be willing to position us favorably in their trading algorithms creating a whole new crop of millionaires!

  15. WalkingDead on February 21, 2016 at 6:16 am

    I believe George Carlin said it best. “We don’t have leaders, we have OWNERS; they own you”; or so their behavior would seem to indicate.

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