Sunday 21 June 2009 00:01


• FURTHER UPDATE: 23rd June 2009:
A very senior academic who was present in our London office yesterday, who deals with Central Government officials in London, volunteered that the Brown ‘Black’ Government appears to be immobilised. He told the Editor that the officials he deals with at a certain Department of State had indicated that it was now impossible to get any decisions out of Government, and that they had had three Ministers at his Department in the space of six months. We believe that this state of affairs is proxy for the situation throughout Whitehall: the Government appears to be paralysed.

• YAMASHITA’S GOLD: 24th June 2009:
Since we first referenced Yamashita’s gold recently, much angst has been reported to us from behind the scenes concerning the possibility that we have acquired chapter and verse on how the CIA, working with the mafia, stole the gold buried in The Philippines and Indonesia by the Japanese after their World War II Far Eastern Empire came under attack.

As a direct consequence of this anxiety, ‘spins’ on the gold-based source of the prevailing crisis have suddenly started to emerge. One purpose may be to encapsulate disinformation so that any exposure of this fundamental dimension will contain diversionary information. But the key point to bear in mind at this stage, is this: if what is now being leaked is true, WHY has it only started to surface AFTER we have referenced Yamashita’s gold? The documents and information we have obtained on this crucial background dimension ARE in the public domain: but we are led to believe that ‘they’ thought the whole thing had been successfully brushed under the carpet, suggesting that published information on this subject itself contains disinformation. So the question remains: WHY do we need to be told all this NOW, when we could have been informed about it immediately after 9/11, for instance? Irrespective of the answer, International Currency Review Volume 35, #1 will contain comprehensive coverage of the Yamashita’s Gold dimension, prepared from original documents that we have obtained, not from published ‘takes’ that may contain disinformation.

‘Whoever, having knowledge of the actual commission of a felony cognizable by a court of the United States, conceals and does not as soon as possible make known the same to some Judge or other person in civil or military authority under the United States, shall be fined under this title or imprisoned not more than three years, or both’.

‘Woe unto them that call evil good, and good evil; that put darkness for light, and light for darkness; that put bitter for sweet, and sweet for bitter!’

‘Woe unto them that are wise in their own eyes, and prudent in their own sight!’
Isaiah, Chapter 5, verses 20-21.

• WORLD COURT CASE NUMBERS: When we have obtained the relevant World Court Case Numbers covering the thefts, diversions, refusals to pay and Contempts of the Court by the US perpetrators of unspeakable financial crimes, we hope to be able to publish them on this website.

































• The Subs/Books Update Panel on the Home Page was updated at 8:00pm UK time on 22nd May 2009 to provide comprehensive details of all issues of our intelligence services published during the first five months of 2009, including the latest issue of our Global Analyst (Volume 3, #2). Soviet Analyst, Volume 31, #1 is ‘on machine’ at our print works and will be delivered soon. It will contain proof that the Soviet Union remains in existence, or certainly did as late as March 2001, a decade after it was said to have vanished into the trashcan of history. No surprise, but nice to prove it.

• BOOKS: Edward Harle Limited has so far published FIVE intelligence titles: The Perestroika Deception, by Anatoliy Golitsyn; Red Cocaine, by Dr Joseph D. Douglass, Jr.; The European Union Collective, by Christopher Story; The New Underworld Order, by Christopher Story; and The Red Terror in Russia, by Sergei Melgounov. All titles are permanently in stock. We sell books DIRECT.

• Globalist hegemony ideology and practice are comprehensively debunked in the Editor’s study entitled The New Underworld Order, which can be ordered via the books section of this website. If you want to see what may well happen if the angle of decline steepens much further, you could do worse than also order a copy of The Red Terror in Russia, by the contemporary Russian eyewitness Sergei Melgounov, another Edward Harle Limited book available direct from this website. Also, the Editor’s study entitled The European Union Collective, which proves that the EU is a long-range strategic entrapment operation to reduce European countries to satrap status within a German empire using economic strategy for relentless economic warfare purposes, can be bought here.

• Please Make a Donation, if you feel able to do so, to help finance Christopher Story‘s ongoing global financial corruption investigations. Your assistance will be very sincerely appreciated and will make a real difference, hastening the OVERDUE resolution of the worst financial corruption and linked financial fallout in world history. Just press Make a Donation, which is live, and it takes you straight to our ultra-safe ordering system, which accepts Visa and MasterCard.

• The Editor’s $35,000 Wanta bail-out money has been stolen.

• See the second white panel for details of our latest distributed intelligence publications.

• ADVERTISEMENT: Details of the Internet Security Solution software offered by this service in conjunction with a donation are appended at the very foot of this report, below the legal data. See also the catalogue by clicking on World Reports Limited and scrolling down to the bottom.

• COPYRIGHT NOTICE: The Editor and his companies have taken measures to obtain protection and recompense for the gross breaches of copyright material, books and works owned by this service, our companies, the Editor and Author, and the Authors whose interests we must protect. In the first place, a pirate platform service in the United States has received a demand for a very large sum of money to compensate us for the wanton stealing of three of our books, the consequence of which barbaric acts has been effectively to destroy our book publishing business. Secondly, the agents for the Google Settlement have been specifically informed by registered mail that we have written, also by registered mail, to the four universities and one public library who have entered into an agreement with Google under the so-called ‘Google Settlement’.

The universities in question are: Oxford, Stanford, Harvard and Michigan; and the public library is the New York Public Library. Our three companies have opted out of the Google Settlement, which is anyway now in some disarray.

These and related parties have been advised that if ANY of our works, published by all three of our companies, not just the intelligence books company which has already been severely ransacked, are assaulted by copyright pirates, we will take all legal measures open to us to enforce our rights and those of our authors. The rationale underlying this scourge is the false and spurious one that the intellectual property of the whole of humanity is the property of the ‘global commons’: a dirty, revolutionary piece of hypocrisy and subversion, the underlying purpose of which is to destroy small publishers so that there will be no dissenting voices to The New Underworld Order.

When time permits, we will be providing ‘further and better particulars’ concerning this outrageous revolutionary development. In the meantime, those amoral persons and parties who have so far downloaded our works are hereby warned that every single download will be traced, and that they risk being pursued for very large damages for gross and insolent breaches of our copyright.

Anyone wishing to reproduce the important anti-World Revolution article posted here must contact the Editor for written permission, on the understanding that a precise form of words that we will specify must accompany any reposting and that the entire article, with credits, must be displayed. Any deviation will be treated as a breach of copyright and dealt with accordingly [see above].

• ROGUE’S GALLERY OF DECEIVERS: Given the deceit and abuse that has been meted out to the Editor of this service since we began these investigations in 2002, the Editor plans to expose, by name, each of the primary perpetrators of deception against us, including a UK-based deceiver recently unmasked who sought to extort money for delivering sensitive packages that he never delivered. This character has been reported to the Police, and a Major Crime Book Number will be sought with a request for an investigation. The relevant documents have been sent by registered and signed-for mail, to the Special Branch officer concerned. Those who have deceived us will be made to endure the consequences of their serial duplicity, starting with Leo Wanta, to whom the Editor lent $35,000 to pay for his release from irregular probation, which should have been paid back on 11th June 2007 but concerning which nothing has been heard. All other collaborators and operatives who tried to decieve us at various stages will also be exposed for their deception.

By Christopher Story FRSA, Editor and Publisher, International Currency Review, World Reports Limited, London and New York. For earlier reports, press the ARCHIVE. Order your intelligence subscriptions and our ‘politically incorrect’ intelligence books online from this website.

Operating the $ Refunding from London without US Government participation delivers:

(1) Massive ongoing windfall tax accruals to the BRITISH Treasury given that all funds resident in the United Kingdom jurisdiction for 24 hours are taxable by the Inland Revenue. This makes the UK Refunding proposal of extreme interest to Her Majesty’s Government and the UK Treasury.

((2) Massive ongoing windfall benefits to the UNITED STATES Treasury given that it will also receive a cascade of tax accruals from this independent private sector Refunding Program.

(3) The necessary refinancing of the UK and US banking systems ON THE BOOKS with no input from either Government and NO CORRESPONDING DEBT CREATED IN THE BACKGROUND.

(4) GOOD (i.e., on-balance sheet, taxed) money which will CHASE OUT THE BAD MONEY that the crass US Fraudulent Finance concoction will generate.


On the face of it, the Forces of Darkness appear to have taken several leaps forward in recent days, judging by the ‘in-your-face’ arrogance that has been on display, and the absolute contempt with which they have been treating the European and American general public, which of course they thoroughly despise. However the objective reality facing these criminals on both sides of the Atlantic is that, due to the exposures, their timeframes have been thrown into disarray, so that they have been scrambling ever since to regain the upper hand. Whether Obama will be arrested for treason, as the Editor has been informed, remains to be seen.

It should be remembered that these revolutionary Workers of Darkness are ‘going nowhere’. They have been exposed, and even though US ‘enforcement’ has hitherto most disgracefully let us all down, the exposures have sealed the fate of these people.

Their evil genie cannot be stuffed back into its bottle.

Even so, the dark spectacle of the Bush Crime Family gathered together at Kennebunkport to celebrate the 85th birthday of the most ruthlessly evil man currently alive today was certainly enough on its own to induce attacks of nausea among those of us with some knowledge of the criminal mayhem, lies and thefts perpetrated by these fiends and the criminal enterprise, known collectively as the Central Intelligence Agency (and its ‘subsidiaries’), to which they are bound.

Never let it be forgotten that, to commemorate this linkage, the Langley HQ of the CIA is formally known as ‘The George Bush Center for Intelligence’ (which should read ‘for Financial Terrorism’).

This fact alone makes it clear that the US Intelligence Power, the ‘Black’ ‘State within the State’ which controls the Executive and Legislative Branches of the US Government and is the primary author of the crisis, cannot be reformed. It must be dismantled and crushed under foot: and until this necessary smash-up has been accomplished, the world will continue to suffer the damaging consequences of its rampaging serial criminal operations.

Almost at the outset of our investigations into the corruption, we tripped over Federal Reserve print-outs annotated by the Bush Sr. operative Gwendolyn Waymark (not her real name) showing corrupt payments to George Bush Sr. while he was still President of the United States.

The earliest interview conducted on this subject by the Editor with a dissident US intelligence source pinpointed Bush Sr. as the most dangerous operative alive, and the source of much of the world’s aggravated problems.

It may be recalled that it was Gwendolyn Waymark, a Bush-linked operative, who saw fit to leave a voicemail on the Editor’s New York answerphone on his return from Niagara Falls, Canada, after interviewing fugitive Office of Naval Intelligence (ONI) operative Lt. Delmart Mark Vreeland in May 2003, in which she notoriously threatened:

‘None of this must ever come out, you understand’.

When an investigative journalist is given such a crude ‘warning’, his natural response is of course to redouble his efforts to discover what ‘they’ want to remain covered up: which is what we have been doing. Threats are counterproductive, you understand.

All the research we have conducted since 2002 has reinforced the accuracy of our original findings, as has our separate documented research on the Pan-German ‘Black’ Nazi long-range strategic deception successor of the Abwehr, Deutsche Verteidigungs Dienst (DVD), Dachau.

Served by the German Jewish agent Dr Henry Kissinger, who is so despised by his fellow Jews that he was expelled from the community in 1974 as we reported on 12th June, and by the patriarch of the German Jewish Bush Crime Family, Dachau is where the Jewish and German Nazis coordinate their criminal operations to the detriment of the whole world. That is the ‘big secret’.

It was not coincidental that Bush Sr. ordered his predecessor as Director of Central Intelligence, William Colby, to be ‘horizontalised’ because Colby, near the end of his life, was suffering pangs of conscience and was seeking to vent, via multiple cutouts, detailed intelligence about contrived and imposed multiple personality disorder techniques derived from Heinrich Himmler’s experiments and continued by Nazi personnel based in the Soviet gulags and in Prisoner of War camps where live American POWs were held. Himmlerian experiments along these lines were later expanded within the secret POW return program also known as the ‘Reidentity Program’ which is notoriously associated with the deep underground military facility at Dulce, New Mexico.

In the mid-1980s, the G. H. W. Bush Nazi-style criminal intelligence network established a secret vault structure, known unofficially and informally as the ‘Hotel California’, at the HQ of the Defense Intelligence Agency (DIA), which is in reality driven by the CIA. Material and operations within the secret vault serve the ‘needs’ of the deep underground facility at Dulce, where the unspeakable Himmlerian experiments continue to this day. Another such facility is located in Pueblo, Colorado; and the Canadian authorities are stupidly engaged in a parallel, related operation along these lines.

William Colby was seeking to expose such basic intelligence about the hideous evil of the ‘Black’ Bush Criminal Nexus, as was Herr Heinrich Rupp, Colby’s personal pilot. Two Congressmen have separately confirmed the existence of the secret vaults to our sources, as have members of the old fifth column intelligence group. The vaults clearly hold high-value data and evidence that these US Nazis will try to conceal at all costs.

When one considers such background information in the context of the recent ‘in-your-face’ display of arrogance at Kennebunkport, it is natural to conclude that these people must assume that they are untouchable because they are ‘protected’ by the criminal Intelligence Power, which runs the deeply Leninist US Government, just as the KGB-GRU controls every dimension of its covert Soviet dialectical ‘opposite’.

At the highest intelligence levels, a cynical game of ‘Happy Families’ is cynically played for public consumption, as we were reminded when the controlled US Government ‘news’ agency, Associated Press, dutifully reported from Moscow on 15th June that the Russian GRU-Prime Minister, Vladimir Vladimirovich Putin, had thoughtfully sent a telegram (which, by the way, we didn’t know was still possible, suggesting that there was something WRONG with this story) to the most evil operative alive today to wish him a happy 85th birthday, adding that Bush Sr. deserved to be considered among the ‘most authoritative’ world leaders.

Russia’s State ‘news’ agency, RIA Novosti, carried the text of the ‘telegram’, dated 12th June, in which Pute informed Pappy Bushcrook how much he valued the time they had spent together at Kennestenchport in 2007. Plus, the Russian GRU-Prime Minister thanked the continuing US Nazi Gauleiter for ‘his sincere interest in Russia, its history and culture’. Pute ended by wishing the head of the snake ‘good health and happiness’ for his ‘large and friendly family’.

No doubt, given this gratuitous display of pointed cynicism by the Russian ‘Prime Minister’, these sentiments gratified said ‘extended family’, as they watched Senior make another parachute jump without mishap, as he had done on his 75th and 80th birthdays, the subtext being: ‘See, no-one interfered with my parachute, do you hear me? It’s cuz I’m protected, geddit?’

With the US intelligence community in thrall to the Nazis as described, we were slightly hoping that the exit of Sir John Scarlett as head of the British Secret Intelligence Service (MI6) in November 2009 (somewhat later than we anticipated), might just alleviate the similar grip which the DVD has exercised in recent years through Scarlett on elements of MI6.

The new ‘C’ (as the head of 6 is called) will be Sir John Sawers, aged 53, the British Permanent Representative to the United Nations in New York.

Feeble attempts were made, when this information surfaced on 16th June, to persuade the British media that Sawers is not a ‘spook’, despite the fact that he began his career with MI6 back in 1977, serving in Yemen and Syria. He was then ‘switched’ to the Diplomatic Service in the 1980s, and was appointed Political Director at the Foreign and Commonwealth Office in 2003.

The Downing Street statement issued on 16th June confirmed Sawers’ MI6 background with the observation that the new appointee was ‘transferring from the FCO and rejoining SIS’. This of course simply ‘reconfirmed’ that the British Diplomatic Service harbours spooks, which everyone knows; but for Downing Street to acknowledge this fact, seemed gauche.

Since Sawers has been operating from the bowels of the Foreign and Commonwealth Office, which was the first Great British Department of State to be infiltrated (in the 1920s) and has consistently betrayed British interests ever since, it would be rash to hold out any hope that the departure of Scarlett, the notorious EUdolater, will be followed by a tendency to place British interests ahead of those of Germany. On the contrary, the effect of Britain’s catastrophic membership of the European Union Collective has been to deprive us of national interests since, by definition, all UK national interests have been collectivised.

This explains why the Foreign and Commonwealth Office (FCO) now wastes UK taxpayers’ money promoting ‘politically correct’ delusions, and proclaiming that good is evil and evil is good, as is evidenced by reports that British Ambassadors have been provocatively supporting displays of homosexuality. Specifically, the British Ambassador to Sofia, Bulgaria, saw fit to send a message of support for a ‘gay pride’ Rainbow Friendship Rally in the Bulgarian capital on 14th June. This fool took it upon himself to elaborate: ‘Celebrating diversity is not about promoting a lifestyle. It is about promoting respect for fundamental human rights’.

Unbelievably, some stupid little creep called Mr Ric Todd, the British Ambassador to Poland, had earlier antagonised Poles by supporting a similar ‘gay pride’ rally in Warsaw. Questioned about this sterile and perverse serial idiocy, a Foreign Office spokesman told The Daily Telegraph (18th June 2009) that it regarded the said messages as ‘a key plank of its human rights policies’.

On top of which HM Revenue and Customs was reported on 19th June 2009 to have published, at British taxpayers’ expense of course, a 20-page booklet aimed at ‘our lesbian, gay, bisexual and transgender customers’, which provides gratuitous advice to people in ‘civil partnerships’ about their tax allowances and inheritance tax thresholds, no doubt reflecting the taxman’s anxiety that since many of these people, due to their perverse exertions, are liable to die young, many could regrettably escape the grasp of tax inspectors when they prematurely leave this mortal coil.

This ‘politically correct’ and fatuous booklet also reportedly advises transgender people about whether they can claim pensions under their new or old gender.

On the basis of this sordid information, we now expect the British tax authorities, whose officials appear to have had their minds bent at Deutsche Bank-financed Common Purpose personality and mind manipulation courses, to publish a range of booklets aimed at witches, wizards, necrophiliacs, troglodytes, transvestites, prostitutes, call girl operators, people-smuggling Godfathers, mafiosi, contract hitmen, and other categories of prospective taxpayer that the Brown ‘Black’ Government, which has squandered and destroyed Britain’s finances, perceives the need to ‘capture’ for tax purposes in its desperate endeavours to grab as much as it can in dirty tax in order to cover the gargantuan financial hole that it has dug to the disadvantage of future taxpaying generations.

As for the Foreign and Commonwealth Office, what these crude outbreaks of pointlessly reprobate behaviour (calling good evil and evil good), by Her Majesty’s Representatives indicate is that the British Diplomatic Service does not serve British national interests (which have long since been collectivised), but has rather been co-opted as an instrument of the World Revolution, the main purpose of which is to turn everything upside down, to call good evil and evil good, and to foster collective multiple personality disorder for the sheer HELL of it.

Which brings us to a parallel British ‘in-your-face’ aberration inflicted upon us all since we last reported. On 17th June 2009, the sycophantic UK ‘mainstream’ press announced with some fanfare that the discredited former British Prime Minister, Tony Blair, will be given a ‘free run’ if he seeks the Presidency of the European Union once the manipulators have destroyed the last vestiges of European national statehood with the ramming through, against the wishes of all the European populations, of the Lisbon Treaty, following an intended ‘re-run’ of the Irish Referendum when the Irish electorate will be insulted with a demand that it reverse its ‘No’ decision so that the criminal manipulators directed by DVD and their French agents can complete the takeover of Europe in deference to the long-range Pan-German strategic deception operation originally promulgated via the 1942 Nazi Strategic Compendium ‘Europaische Wirtschafsgemeinschaft’ (‘European Economic Community’), the Chapter headings of which were almost identical to those later adopted for the Maastricht Treaty of 1992.

According to the reports, David Cameron, the mind-controlled so-called ‘Conservative’ Party leader (who campaigned for the recent European elections on a ‘platform’ of ‘change’ without defining his terms, namely, ‘change’ from WHAT, to WHAT, which of course has nothing to do with ‘conserving’ anything) has ‘let it be known’ to senior colleagues that they should do nothing to oppose a Blair candidacy, should the Lisbon Treaty be ratified when Irish voters are browbeaten to ‘change their minds’ later this year. Once the Lisbon Treaty has been ‘ratified’, it becomes part of the ‘acquis communautaire’, which is to say that the entire content of the Treaty will have been ‘annexed’ by the European Union Collective so that it cannot be unpicked.

But the main point here is that Blair, a war criminal, a serial financial crook who ‘rolled over’ on his associates as we reported last year, who billed the British taxpayer £260 for shredding services as he wound up his parliamentary affairs and destroyed evidence of his criminality while also claiming £6,990 for repairing the roof of his constituency home two days before leaving Number 10 Downing Street, and a man whose integrity is questioned with good reason all over the world, is of course the IDEAL CANDIDATE to serve as President of the European Union, a New World Order construct so corrupt that the fraudulent accounts of its European Commission have been qualified for 14 years running. And because in a collective no-one is of course responsible, NOBODY CARES.

The EC’s accounts could not be approved by the EU’s own Court of Auditors for 14 years for the straightforward reason that any member of the Court who signed off on those accounts could be indicted for conspiracy to defraud EU taxpayers and as an Accessory to the Fact of rampant fraud which successive Commissions have covered up. Unbelievably, the currently outgoing and much despised President of the European Commission, Jose Manuel Barroso, is reported to be seeking reappointment to the top slot on this gravy train, in yet another display of the shameless arrogance in which these reprobates specialise. Perhaps he fears that without the cover provided by the EC Presidency, his repulsive penchant for little girls might land him in a spot of bother.

Needless to say, there is minimal support in Great Britain for the wretched and sterile EUdolatry espoused by the defanged, treacherous, arrogant and increasingly pathetic British Foreign and Commonwealth Office, the head of which under the International Socialist Gordon Brown is a little fellow of Polish Jewish extraction called Milliband, who is derided behind his back by foreigners as ‘Millipede’. Given the smelly, disreputable reputation of the British political class internationally following the filthy expenses scandal, it is no surprise that no-one pays much attention to this little chap, not least because he is a member of what The Spectator, a British weekly, has accurately termed ‘a Cabinet of the Living Dead’.

The reshuffled Brown Government suffered a further ‘blow’ (not that they ever have any effect) when a junior Treasury Minister, Kitty Ussher, resigned on 17th June after details of her avoidance of Capital Gains Tax (CGT) by ‘flipping’ the designation of her ‘second home’ for one month while the property was being sold, were publicised. The Financial Times reported that ‘her resignation relates to the sale of her home in Burnley in 2007. On the advice of an accountant, she switched the designation of the property a month before selling it’.

‘People selling a principal home do not have to pay CGT. The Prime Minister and Chancellor were first given details of the property transaction last night’. This woman had previously served as chief economist of Britain in Europe, a revolutionary agitprop organisation, now defunct, dedicated to the destruction of British national sovereignty.

Following the departure of the former Home Secretary, Jacqui Smith, who charged the taxpayer for two pornographic films watched by her husband, the flouncing out of the discredited Brown ‘Black’ Government by a couple of haughtily superfluous bimbos, the reappointment to ministerial office of a highly dubious character of Pakistani origin whose blatantly questionable expenses behaviour was almost immediately subjected to a renewed investigation, the resignation in disgrace of a Tony McNulty MP, the former Employment Minister, the £1,200 charged to the taxpayer by John Bercow MP for the cost of unblocking his lavatory, and confirmed expectations that the Metropolitan Police will now be investigating an unknown number of MPs for fraud including charging the Commons Fees Office for mortgage interest on mortgages already paid off, the belated fact that an obscure Treasury Minister was judged to have avoided Capital Gains Tax, came as no surprise to anyone.

The Treasury, of course, controls HM Revenue and Customs. An extremely competent Nigerian IT consultant, trained by Chevron, who has assisted us recently, has characterised the behaviour of these shameless British politicians as ‘worse than what we are used to in Nigeria’. The Chancellor of the Exchequer, Alistair Darling, submitted a claim to the Fees Office for 30 pence for a bus ticket and billed taxpayers for the cost (£693.25) of hiring an accountant to assist him to complete his Self-Assessment Tax return that he, as Chancellor, requires every taxpayer in the United Kingdom, from Dukes to char ladies, to complete, on pain of fines if the document is submitted late.

The Times reported on 19th June that the Darling Chancellor asked his accountant to ‘change the narrative’ of an invoice for this tax advice, before submitting it to the Fees Office for payment as an expense. The revised ‘narrative’ obfuscated the reality that the claim was for personal tax advice, which is not allowed under the rules supposedly governing MPs’ expenses. As for the Labour MPs David Chaytor and Elliot Morley, revelations that they had claimed thousands of pounds against mortgages that had already been paid off only emerged after the investigative journalists cross-checked addresses with Land Registry records.

• UPDATE: 21s June, 2:00pm UK time: The BBC is now reporting that some 50 MPs appear to have been involved in Council Tax Fraud, implying that the reprehensible ‘softly, softly’ approach of the Metropolitan Police towards launching investigations and prosecutions of these petty criminals will have to be revised, in the face of public anger that our legislators blatantly abuse the system that they self-rghteously prescribe for the Rest of Us.

But on 18th June, House of Commons officials made matters much worse by publishing their own version of MPs’ expenses claims, with vast swaths of the documents redacted, so that both The Times and The Daily Telegraph displayed huge areas of black on their front pages, illustrating that Gordon Brown’s earlier pledge of ‘transparency’ was a complete sham, and that if indeed The Daily Telegraph had not published its unexpurgated survey of the MPs’ fraudulent claims, the official redacted version would have covered up a colossal number of scams for which MPs have been forced to announce that they will be leaving Parliament, Ministers have left office or been forced out of power, and which in notorious cases are on the verge of being investigated under fraud legislation by the Metropolitan Police.

The effect of this latest episode has been to confirm in the minds of British electors that the scum of the earth inhabiting the Westminster gold fish bowl are bumbling incompetents, scamsters and filthy reprobates who have no idea how to behave, have mortgaged and squandered the country’s resources, pursue perverse policies contrary to the preferences of the people, and are worthy of our total contempt. The minority of ‘honourable members’ are being tarred with the dirty brush of the scum of the earth that they foolishly allowed to pollute their company, while the manipulators are over the moon because ‘democracy’ is considered to be an impediment to the realisation of their corrupt objectives. The rubber-stamp European Parliament, in which speeches are confined to one minute and where the podium cuts off the microphone when MEPs exceed their time limit, exists purely to provide the controllers of ‘General Powers’ (the European Commission directed by the Franco-German Alliance under the 1963 Treaty of the Elysee) with cosmetic, false legitimacy.

Hence, the World Revolution has taken a giant leap forward in respect of its known objective of discrediting democracy ‘where it matters’, namely at the Mother of Parliaments.

As a direct consequence of the morbid expenses fiasco and the further layer of farce associated with publication of the heavily redacted official version, we now have not only a Brown (‘Black’) Government of the Living Dead, but a Parliament of Dead Men and Women despised throughout the Kingdom: in short, a perfect environment from which the really professional revolutionary scoundrels, such as Lord Mandelson, the Rothschild agent placed at Gordon Brown’s side (no further comment at this stage being necessary, in order for decorum to be preserved), now feel free to ‘call for’ drastic false ‘solutions’ such as the scrapping of the pound in favour of the Euro, accompanied essentially by the comprehensive terminal submission of the fragmented United Kingdom to the jackboot of long-range pan-German strategic deception operations.

It was therefore with considerable glee that Britain’s ancient enemy, France, has of late taken much pleasure in putting its own boot into ‘les Anglais’.

Specifically, a senior French official was reported on 18th June 2009 as having pronounced that the discredited ‘Living Dead’ British Prime Minister was ‘almost powerless’ to prevent the creation of a new European regulatory bureaucracy at the Euro ‘Summit’ meeting held on that date, which would open the way for a transfer of control over the City of London to the corrupt European Commission in Brussels. Dropping diplomatic niceties, an aide to the dark French President Sarkozy proclaimed that ‘there will be a pincer movement on Britain’ in this connection.

Such is the true ‘Black’ meaning of the weasel word ‘cooperation’ in the European Union context. In translation, what collectivised ‘cooperation’ means is: ‘Do as we demand, or we’ll organise a pincer movement to get you to do what we want’. For ‘cooperation’, read: COLLECTIVISATION.

In this case, what is being proposed by the corrupt EU is that three new bodies, financed by the taxpayer, would be established to ‘oversee’ banking, insurance and the securities markets.

Each of these bureaucratic empires would rank as EU ‘authorities’ and would enjoy binding powers to dictate decisions over sweeping areas of regulation. Britain was reminded that it cannot veto any such key proposals because EU Single (i.e. Collectivised) Market ‘laws’ are ‘passed’ by Qualified Majority Voting (QMV). The British Chancellor of the Exchequer, Mr Darling, had earlier stated that Britain would not agree to any measures that erode ‘fiscal sovereignty’, an area of the eroded and diminutive ‘national interest’ that is still covered by the national veto power, i.e. it has not yet been incorporated into the ‘acquis communautaire’.

In the event, Gordon Brown told the EU meeting in Brussels on 18th June that ‘he would defend’ Britain’s powers as the sole supervisor of more than 600 British and foreign banks operating in London. Bloomberg news reported the text of a draft statement agreed at an ECOFIN (EU Finance Ministers’) meeting convened on 9th June in which it was confirmed that ‘EU regulators should not impinge in any way on the fiscal responsibilities of Member States’.

However whether Brown or a successor ‘defends’ this residual power or not, the fact is that it is under attack: the ultimate objective being, for instance, that in any repetition of the Fraudulent Finance calamity exposed by this service, British taxpayers could be ordered to pay for bank bailouts or recapitalisations demanded by a collectivised European central regulator.

In other words, British taxpayers would have to pay for propping up banks in Slovenia, Greece or Portugal: after all, that’s what ‘collectivism’ is all about, isn’t it? An interim compromise, focused on the creation of a ‘European Council for Systemic Risk’ was agreed upon, on this occasion.

However that interim conclusion depended on which source was being referenced. The Daily Telegraph was probably nearer the mark with its report on 19th June that ‘Regulation of City [of London] may be handed to Brussels: PM welcomes Euro-regulators to protect sovereignty of fiscal budget’, indicating that in order to ‘retain control’ over fiscal policy and taxation, the Brown ‘Black’ Government has in fact caved in to pressure from the EU Collective in other respects, especially over regulation. Successive British Governments have a history of dirty trade-off compromises along these lines, ostensibly perpetrated in the name of ‘cooperation’, but in reality masking their fully-paid-up, treacherous subscription to the ongoing revolutionary ‘coup d’etat by instalments’ whereby the British nation state is being progressively decimated to be replaced by a corrupt, unaccountable supranational, pan-German dominated supragovernmental system within which Hitlerian ‘General Powers’ are delegated to appointed brainwashed Euro-apparatchiks.

That such an outcome was more than likely was signalled when the former STASI operative and agitprop specialist at Marx-Lenin University in East Berlin, Frau Angela Merkel, arrived with pomp and circumstance at the Bussels EU Summit (ending, more or less, the Czech Presidency which expires at the end of this month) and pronounced her support for ‘binding common European rules’ which she said would represent ‘a major step forward qualitatively’, contrary to the reality which is that ALL POWERS delegated to the unelected Euro-apparatchiks in Brussels are abused, with such abuses deliberately subject to no realistic sanctions.

Earlier, at the annual Mansion House Banquet in the City, held just weeks after Standard & Poor’s stated that Britain’s credit rating might have to be downgraded if it did not bring its finances under control, the Governor of the Bank of England, the still unknighted plain Mr Mervyn King, delivered a broadside at the beleaguered Chancellor of the Exchequer, declaring that UK ‘fiscal policy… will have to change’. Mr King then argued that banks would either have to be split up into high street and investment banks, or else restrained by other means.

• However the Governor, like all these people, FAILED to make the central point that the REASON for banks needing to be ‘restrained’ was to stop them engaging in Fraudulent Finance.

And the REASON that the Governor of the Bank of England could not ‘go that far’ was that, as we have publicised, the Bank of England has itself been up to its neck in exotic Fraudulent Finance operations, especially out of its back office in Birmingham. Given the Bank’s long-term involvement in Fraudulent Finance, it is manifestly in no position at all to lecture the commercial and investment banks on how they should conduct their affairs. And indeed, on 18th June, voices in the City lost no time in publicly ‘disagreeing’ with the Governor over his strongly-worded proposals.

This year the discredited British Government is supposed to borrow £175 billion from the financial markets, a state of affairs which of course guarantees that the so-called ‘abolition of interest rates’ perpetrated by the authorities will be progressively reversed as will occur in the equally deluded and delinquent United States. Mr King also used his Mansion House speech to point out that in five years’ time the British national debt will be more than double its recent size of around 40% of Gross Domestic Product (GDP), elaborating that ‘it is also necessary to produce a clear plan to show how prospective deficits will be reduced in the next Parliament’. We have of course already given the Governor the formula for achieving this (through transparent, taxable, non-fraudulent on-the-books private sector trading operations: see above and below).

In May, the destitute Brown (‘Black’) Government borrowed £19.9 billion, a monthly record, against the background of out-of-control official spending and dwindling tax receipts. The like borrowing figure for May 2008 was £12.8 billion. With the recession/depression destroying the official finances further, lower tax receipts and higher benefits payments have already pushed net official debt up to 54.7% of GDP, a colossal increase from the already unacceptably high figure of 43.6% of only 12 months earlier. A few years ago, the amount borrowed in May 2009 would have represented half the total amount of official borrowing in an entire fiscal year. The expectation is that borrowing in the current year will actually reach £200 billion.

Standard & Poor’s expects Britain’s official debt to be close to 100% of GDP by 2013, compared with the disgraceful 79% predicted by the discredited Labour Chancellor of the Exchequer. The latest data show that income tax receipts fell by 11% in May, with corporation tax receipts down by 27% and Value Added Tax 19% lower, whereas official spending went through the roof.

Mr King did add one observation at the end of his Mansion House speech which is a classic. He stated that banks should not be allowed to become ‘too big to fail’: ‘It is not sensible to allow large banks to combine high street retail banking with risky investment banking [Mr King should have added ‘characterised by Fraudulent Finance’], and then provide an implicit state guarantee against failure’. If banks are ‘too big to fail, then they are too big’, he said.

These developments coincided with louder ‘green shoots’ decibels, as various blinded parties, encouraged by the variable sunny weather, sought to disseminate the false message that the British economy is ‘on the mend’. In reality, those so-called ‘green shoots’ that are said to have been spotted, appear to have been sprouting out of manure.

Far from actually maturing into flowering plants, these rancid shoots have been characterised by sparseness to the point of near invisibility. Specifically, sales of clothing and footwear were 8.4% down in May compared to May 2008, while Britain’s pathetically small manufacturing sector has been experiencing very weak order levels. Rents in high streets and shopping centres, reflecting the constraints on family budgets and rising unemployment, are expected to fall by nearly a fifth over the next 18 months. In April and May, UK banks extended hardly any loans at all to real estate firms, while net bank lending to all non-financial corporations fell by £5.4 billion in April, the largest such decline since 2000.

In June, the UK Households Finance Index (HFI), produced by Markit in conjunction with YouGov, stood at 37.5, indicating severe constraints on families’ finances (any score above 50 indicates an improvement). British households are increasingly worried about job security, adding to fears that if any of the putrid manure-based green shoots do start flowering, such shoots will remain few and far between, with the economy remaining subdued by weak consumer spending.

Moreover British firms have stopped hiring, with nearly 890,000 people under the age of 25 who are unemployed, a total which will shortly exceed 1.0 million when the new class of 2009 graduates from schools, colleges and universities. The Office of National Statistics reported in mid-June that the UK construction sector, accounting for about 6% of national output, has experienced its sharpest contraction for 45 years, which economists say implies that this year’s overall GDP will contract in real terms by at least 2.0%. The Bank of England’s latest Quarterly Bulletin has confirmed that over 1 million households are in negative equity, with the total likely to rise sharply, as house prices are thought likely to decline by at least a further 15%.

The American economist, David Blanchflower, now a Professor at Dartmouth College in the United States and a former member of the Bank of England’s Monetary Policy Committee (MPC), summed up Britain’s economic position on 18th June as follows:

‘We are facing a toxic cocktail: sliding house prices, rising negative equity, inadequate levels of credit, soaring unemployment, a cessation of hiring and zero or even negative wage growth’.

This American observer therefore explicitly concurs that all this talk of ‘green shoots’ is wishful thinking. Come the gloomier autumn and winter months, when the sun is no longer shining, the full awfulness of the ‘Black’ Labour Government’s catastrophic incompetence and deceit will be plain to even the minority of observers who prefer to keep their heads in the sand or to use their brains as a cushion to sit upon.

But Blanchflower, a Professor at one of the primary false economics brainwashing centres in the United States (Dartmouth College) was in fact being disingenuous, because, as a member of the Bank of England’s Monetary Policy Committee, it was none other than Blanchflower who urged the Bank of England to reduce interest rates to close to zero, and who then boasted of how proud he was to have persuaded his colleagues to agree to this radical departure.

However reducing interest rates to close to zero in a stagflationary macroeconomic environment, is mentally defective. All developed economies are now, as a consequence of this gross schoolboy howler, suffering a lethal combination of stagnation and inflation, with falling output, declining tax receipts and constantly rising prices for both goods and services: and in countries such as Britain which have been able to devalue their currencies and which because of the World Revolution’s perverse focus on exporting industrial production and ‘just-in-time’ inventory management, are over-dependent on imports, inflationary pressures are exacerbated by the devaluation.

As for the Government sector, apart from creating debt, its only known response to this toxic macroeconomic environment is always to raise taxes, which response contributes further to the downwave by eating deeper into household budgets and thereby curbing consumer spending, which is already decimated by the assaults on households’ finances and by rising unemployment brought about by the mismanagement of the economy.

As is well known, we have no time for US policymakers these days, and even less for American bankers and investment gurus, such as Mr George Soros. That operative has however been engaged of late in standing on his head, without of course venturing to admit that his own behaviour contributed to the crisis.

Specifically, scales have suddenly fallen from Soros’ hooded eyes, inducing him to pronounce at an Institute of International Finance [IIF] conference in Beijing on 12th June that Credit Default Swaps (CDOs) are ‘instruments of destruction’ which should be prohibited: a conclusion that any honest student should long since have drawn from reviewing the analysis of these and similar instruments by the US securities expert, Michael C. Cottrell, BA, MS, which we have publicised on this website and in International Currency Review [see below].

To be fair to the head of Goldman Sachs, Lloyd Blankfein, after whose behaviour we coined the phrase ‘Blankfeinism’ (to capture the peculiarly Jewish habit of refusing to acknowledge gross misdemeanours), Mr Blankfein has in fact also stood on his head, recently expressing regret at his institution’s quite disgraceful misbehaviour, only to smother what he had just said by stressing how hard everyone at Goldman Sachs works in the interests of the firm’s clients (unspoken: but mainly in their own interest, as evidenced by the obscene proportions of Blankfein’s pay packet).

Mr Soros has actually out-Blankfeined Mr Blankfein, because he didn’t waste time acknowledging his own errors, but concentrated instead on decrying inanimate CDOs as being ‘truly toxic’, liable to distort risk grossly and to encourage speculation, with the potential to bring total ruin on financial institutions and corporations (such as Lehman Brothers and General Motors). Citing GM’s recent bankruptcy, Mr Soros pointed out that some bondholders stood to gain more from bankruptcy than from reorganisation, given their CDO positions. ‘It’s like buying life insurance on someone else’s life and owning a license to kill him’, the intelligence guru pronounced. CDOs pay the buyer face value if a borrower defaults, in exchange for the underlying securities or the cash equivalent.

Naturally, Mr Soros refrained from using the word ‘criminal’ throughout his peroration, and neither did the word ‘fraud’ cross his thin, ageing lips. We can’t possibly go that far, can we, lest ‘what we say may be used in evidence against us’.

But what he did point out was that the practice of securitising bank assets had greatly added to systemic risk and must now come under tighter controls, including a requirement that banks must limit proprietary trading to their own assets.

This applies in the securities sector, which is precisely why Michael Cottrell’s solution requires transparent trading to take place under securities market disciplines, where the applicable rules and regulations are much stricter than in the US banking sector, and where depositors’ assets cannot be forfeit in the event of the securities institution failing.

All of which would fine and dandy, were it not for the reality that criminal thefts of huge sums of money have continued in the US banking sector without let or hindrance, since we last reported.

To cite just two examples, we are advised that a large sum was irregularly debited from the CIA’s controlled Fraudulent Finance institution, Bank of America, during the week ending 12th June, and that a further sum (of crica $100 billion) ‘disappeared’ from the same criminal enterprise during the subsequent week, when the ‘Settlements process’ was again ‘stopped’ with no explanation. The corrupt technique used to pull these scams entails exploitation of the 24-hour answerback routine, during which span the funds are exploited to procure the maximum leverage possible.

More generally, a US Supreme Court order, issued under pressure from the World Court during the week ending 12th June, was reported to us (on 14th June 2009) to have been ignored; while it has further transpired that, contrary to our earlier conscientious belief, the US States have NOT been paid and are preparing either to go without paying their employees, or to close down operations and facilities, or all of the above, in the very near future.

On 19th June it emerged from several sources that at least $100 billion had been ‘removed’ from the aforementioned CIA criminalised enterprise in order to ‘pay certain parties off without settling’. Given the surfacing of this verified information, the logical corollary would be that the perpetrators of these bribery thefts were confronted and, if the feckless and probably extensively bribed US law enforcement cadres were doing their job, cuffed.

But of course law enforcement and Gold Badges AREN’T doing their job. The Federal Bureau of Investigation, a subsidiary of the CIA, isn’t ‘allowed’ to investigate the Godfather and his criminal cronies: only the lesser fry, like Stanford, whose usefulness to the Octopus has expired.

Gold Badges and others, having been in bed with Bush Sr. for years (for which they cannot justly be blamed, since Senior was, after all, successively DCI, Vice President and President of the United States), are constrained by that association. But they should place the American people first and foremost at all times, and should have the courage of their convictions (dare we mention it, like the Editor of this service). Absent such evidence, they appear to us to be in gross dereliction of their duty to clean out the stinking manure from the stables.

In respect of Stanford, the latest ‘further and better particulars’ filed by the US Securities and Exchange Commission on the 19th June, contained interesting new detail. Besides alleging that Stanford stole a cool $1.6 billion from his business (i.e. his duped investors’ money) to fund his own ‘personal playground’, the new filing alleged that ‘electronic spreadsheets of fake figures’ invented to deceive investors with fictitious returns, used passwords distributed by text message to avoid leaving trails on e-mail servers, while paper records were exported to the Caribbean in bulk for destruction. The tip-off about the use of text messages for the purpose stated here, is a typical US intelligence community trick. The London Financial Times (of 20th June) described the ‘new claims’ as ‘startling’, suggesting to us that its writers have NOT been following, for instance, our website, wherein a great deal of intelligence vastly more ‘startling’ than what the SEC has only just revealed about Stanford’s Bush-linked Ponzi scamming operations, can readily be accessed at all times.

The likes of Madoff and Stanford are expendable. The rule is: ‘OK, you can piggy-back on our moneymaking operations, but if you mess up, you’re on your own’. Everything is permitted (other than stealing money that criminal associates have already stolen), provided you don’t get caught. If you do, don’t expect us to come to your rescue. We use YOU, you owe US: not the other way round.

Given the despicable, cowardly, lily-livered mentality which appears to have engulfed US and British law enforcement, the world-class crooks (Bushes, Clintons, Blair, Paulson, Cheney et al), though enveloped in a foul criminal stench of their own making, are still perceived by the ‘Great Brainwashed’ to be ‘smelling of roses’, which accounts for the insulting ‘in-your-face’ arrogance of these criminal operatives, despite the endless suffering for which they are responsible.

But what we CAN say, however, is that these people are pretty agitated concerning the home truths promulgated on this website, judging by the volume of obscene emails, attacks on our systems and interventions by a demonic amateur actor employed by the CIA’s blackest of ‘Black’ cadres calling himself ‘Cheney’, who leaves mentally retarded messages on our voicemails, evidently working on the unfounded assumption that these interventions might be liable to affect this Editor’s mental equilibrium. With no understanding that the Editor is protected, all that these interventions do is to confirm to us how profoundly agitated and disturbed these criminal fools appear to be by what we publish on this website. Given the sharp scriptural references aimed against them in the preceding posting, the volume of such manure poured out against us rose sharply since we last reported.

Given that, as publicised at the top of our report dated 12th June, we have terminated a number of ‘loops’ that we suspected were being exploited to disseminate unreliable information and to entrap us and to run loathesome provocations against us (THROUGH THIS WEBSITE), we hereby suggest that certain ‘anonymous’ US sources might try the same. By ceasing to be available to carry possibly contaminated ‘information’ (which even the most conscientious and careful analyst may be unable immediately to discern as contaminated), such sources might be pleasantly surprised to discover that the games these crooks have been playing using cutouts and bona fide third parties with the sole objective of maximising the potential for obfuscation, can no longer flourish, making it harder for them to maintain the false ‘on again, off again’ dialectical ploy which has facilitated their Ponzi operations and Fraudulent Finance thefts exploited for the purpose of financing the ‘Black Ops’ budget of the controlling US Intelligence Power which has usurped the US Federal Government.

By extension, it must be evident by now that the way for this brutalised Intelligence Power, which endangers the whole world, to be crushed, is precisely to procure the permanent frustration of its remaining capacity to raise ‘Black’ money: for instance, by stealing and leveraging the $4.5 trillion that was sent over by the People’s Bank of China in May 2006; by diverting, exploiting, misusing and duplicating the sovereign $14.2 billion LOAN money that was illegally taken off-balance sheet [see our reports]; by scamming 320,000 investors enticed into its hideous Ponzi scams; by seeking to borrow money interest-free from gullible investor subscribers, as exposed in the case of the CIA’s Newsmax operation; by stealing funds through exploitation of its technological superiority to shift electronic balances from targeted bank accounts; and by means of all the other exotic deception methods that this enormous and ruthless criminal enterprise, which collaborates so closely with mafiosi, has developed since it mounted operations to steal the gold which had been transferred from Europe to escape the clutches of Hitler, only to be stolen and then buried by the Japanese in the Philippines and Indonesia when the war in the Far East turned against them.

For make no mistake: the US Intelligence Power is a ruthless criminal enterprise which, though technically serving the Executive Branch, in fact controls it by placing its own personnel in the White House, and which collaborates extensively with the criminal underworld. This is of course well known: but in International Currency Review, Volume 35, #1, due later this year, we will PROVE with documents dealing with the US removal of some of the Japanese gold from The Philippines, that in the context of the flow of bullion, the CIA collaborated and continues to collaborate with the mafia, dividing ‘responsibilities’: so that the Agency and its clones control the co-opted banks and all depository arrangements with the assistance of Brinks, Lloyds of London, assorted deception agents, the mining firms and the mafia, which provides ‘international delivery protection’ services.

Depository banks used in these operations included/include Bank of America, HSBC, Hong Kong Commercial & Industrial Bank, Citibank, Chase Manhattan Bank, Central Banks in various countries, and the following recipients of unsmelted gold (which always needs to be resmelted in order for marks on the old bullion to be removed, to hide the thefts): First Federal Silver and Gold Smelting Plant, Miami, FL; Iron Mountain Depository, USA; the international gold depository at Kloten Airport (Zurich), Switzerland; and the Bank of England.

Through these underlying operations, the US Intelligence Power has been able to finance itself and its non-stop ‘Black Ops.’, becoming the most dangerous ‘State within the State’ in human history, usurping the levers and centres of power within the American Federal Government, dictating its endlessly evil will to other powers, and spreading its corruption around the world while ‘justifying’ its serial criminality behind the smokescreen of ‘national security’ provided by the 1947 National Security Act, et seq. The Editor has very often encountered the phrase ‘national security’ from US contacts when enquiring into US CRIMINAL FINANCE behaviour, which is NOT a matter of national security but a legitimate focus of INTERNATIONAL concern.

• He has been insulted by the routine brazenness of this deliberately promulgated confusion.

Given that the Executive Branch of the US Government is controlled by this rampaging criminal intelligence enterprise, the grim headquarters of which is named after the representative in North America of the Pan-German long-range strategic deception successor of the Nazi Abwehr, which collaborates with the Jewish Money Power [see above], it should by now surprise no-one that the CIA-controlled Obama White House and the CIA-controlled US Treasury are jointly engaged in the perverse pursuit of THE WRONG POLICIES which will NOT ‘patch up’ the devastation inflicted by the decades of Fraudulent Finance in which the CIA has indulged with its co-conspiring criminalised financial enterprises and intermediaries, but which WILL burden all future generations of taxpaying Americans with a vast UNNECESSARY mountain of toxic official debt long after the perpetrators of this GIGANTIC PONZI SCAMMING OPERATION are dead and buried.

What is SO SCANDALOUS about what Obama, Geithner and Bernanke are doing today is that their shamelessness blinds them to the reality that they are wilfully making life HELL for all Americans in the future, in order to reignite the moribund, decadent and completely discredited derivatives-based Fraudulent Finance carousel SO AS TO PERPETUATE THE FLOW OF ‘BLACK MONEY’ into the hands of the corrupt Intelligence Power which has usurped the US Federal structures, i.e. has STOLEN the People’s Government.

And what is so UNFORGIVABLE about the behaviour of these scoundrels is that they, like their evil predecessors, are DELIBERATELY AVOIDING the simple formula which has the immediate potential to rectify the situation in a fully transparent manner, so that all of the United States’ financial and economic problems, and those of all American taxpayers today and tomorrow, will be addressed, diminished and substantively alleviated.

The formula, as you know, is the G-7-Approved Refunding programme which operates as follows:

• Financial trading (which is NOT illegal unless the proceeds are hidden from the tax authorities) takes place EXCLUSIVELY IN THE PRIVATE SECTOR, ON THE BOOKS, with no involvement of the Government sector AT ALL.

• The private sector generates taxable profits (or else losses: but not in this context) from its operations, and the profits are taxable. Government is by definition unable to generate profits: it can ONLY generate DEBT.

• The taxes levied on the profits from transparent, exclusively PRIVATE SECTOR trading pour into the US Treasury autonomously. The Government itself needs to do NOTHING except collect the tax accruals. The Government DOES NOT incur any debt, or indeed any costs AT ALL.

• With just two trades per day, four days a week, based on the LOAN funds, the US Treasury’s finances would be transformed within the space of less than 18 months and all talk of financial collapse would vanish. The proceeds would accrue transparently to the Treasury, not into the untaxed secret offshore bank accounts of criminal official and associated conspirators.

• Due to this transparent, on-the-books trading, financial institutions are reliquefied ON THE BOOKS. This applies EVEN to the corrupt US financial institutions, and to banks etc. that are not directly involved in the private sector trading, because the new on-the-books liquidity generated by the taxed private sector trading will quickly be spread around the financial system, so that the banks’ own financial problems across the board are progressively (very rapidly) also alleviated.

INSTEAD OF WHICH the Obama Government is perversely attempting (with little success to date) to reignite the moribund toxic derivatives off-balance-sheet trading operations so that the corrupt Intelligence Power which controls it, can sustain its usurped status, funded by ‘Black’ money, as the ‘State within the State’, rather than remaining content with its proper status as an executive arm of an independent Presidency.

On 17th June, President Obama announced his latest ‘sweeping reform’ which awarded greatly enhanced prospective powers to the corrupt Federal Reserve, which owns few assets apart from its contract to print money for the Treasury, and which has all along been deeply involved in the conduct of Fraudulent Finance inter alia by allowing the Fed-controlled Inter Bank Settlement Fund, which is subject to NO CHECKS AND BALANCES, let alone to any public audit, to be exploited for concealing off-balance sheet trades by the co-conspiring criminalised financial institutions.

Obama’s ‘reforms’ also included the establishment of a Council of Regulators tasked to ‘identify’ gaps in the menu of existing regulations [i.e. it will be just a talking shop]; the development of a ‘Resolution Authority’ to take control of non-bank financial entities the collapse of which might present systemic risk; the creation of a new consumer protection bureaucracy; the development of ‘tighter’ regulations governing ‘risky products’ like derivatives and (falsely labelled) asset-backed securities (which are NOT asset-backed at all and which, in the United Kingdom, should have fallen foul all along of the Trades Descriptions Act); and a pledge to ‘work with’ international regulators to ‘develop’ a range of uniform standards (another ‘talking shop’ ‘measure’).

Unsurprisingly, these extremely feeble proposals were immediately condemned from all sides, but (as is typical of these people) FOR THE WRONG REASONS.

• For instance, one of the arguments advanced by legislators was that the proposals would ‘end the independence of the US central bank’!

Senator Christopher Dodd, Stalin’s grandson, who is Chairman of the Senate Banking, Housing and Urban Affairs Committee addressed by the US Treasury Secretary, Timothy Geithner, on 18th June, remonstrated that the suggestion was like rewarding a son ‘with a bigger, faster car, right after he crashed the family station wagon’. Senator Richard Shelby agreed with Senator Dodd, commenting that further empowerment of the Fed ‘represents a grossly inflated view of the Fed’s expertise’.

Mr Geithner is said to have spent SIX MONTHS drawing up these proposals. This is ludicrous. All he needed to do was to go to our website and call down the report dated 22nd July 2008 and then repeated on 18th September 2008.

Further, although his predecessor saw to it that the US Treasury’s subscription to International Currency Review, going back to 1970, was spitefully cancelled last December before that Paulson crook left office, the fact is that our journal IS available in the Treasury’s Library. Full details of what Geithner needed to do to impose a meaningful reform of the US regulatory system were published in Volume 34, Number 1 of the journal, on pages 243-272: with the associated ‘Useful Glossary’ that backed up the report posted on 22nd July and 18th September, and the printed version thereof, republished on pages 293-323 of Volume 34, #1. The ‘Useful Glossary’ was also republished in Volume 34, #2, the current issue, on pages 89-119.

• See also the report dated 18th May 2009 [Archive].

Therefore, we actually did Mr Geithner’s research and work for him. What on earth did he waste six months for, then? Pride? A refusal to face objective reality? Reluctance to take on board the fact that qualified experts actually exist beyond his own closed circle and beyond the Federal Reserve System that he served before his appointment as Treasury Secretary?

Because, if he walks to the Treasury Library he will find that the proposals worked out by Michael C. Cottrell, BA, MS, to which we have given appropriate prominence, and which are therefore in the possession of central banks, international financial institutions, international money center banks, government agencies, intelligence communities, Treasuries, the European Central Bank, you name it, ALL OVER THE WORLD, have been sitting there for his attention for SIX MONTHS (in the case of the printed version) and for almost a year since we first published the blueprint for US regulatory reform that he should have adopted. READ IT, MR GEITHNER.

Naturally, the proposals that we have promulgated do not cater for the financing requirements of the US ‘State within the State’ which Mr Geithner serves, whether he understands this basic reality or not. And nor do our proposals recommend the grotesque enhancement of the powers of the unaccountable and privately owned and criminally-minded Federal Reserve System, even though the regional Federal Reserve Banks have been reported to us as being at times at loggerheads with the Board and the New York Fed over the central issue of whether derivative ‘products’ have any intrinsic value (they don’t, which is what the Regional Feds correctly maintain).

But that is not the point. The key point is that the Secretary of the United States Treasury and the President of the United States ought, by definition, to be pursuing policies that accord with the fundamental interests of the people of the United States. Any policies that deny or deviate from those interests, and in this case, jeopardise them by inflicting colossal mountains of WHOLLY UNNECESSARY DEBT upon US taxpayers for generations to come, are THE WRONG POLICIES.

Furthermore, to persist with such FLAWED POLICIES when the intellectually CORRECT solution (generating taxable accruals from transparent, on-balance sheet trading operations) has been very conscientiously set out by one of the United States’ most respected securities experts, lends new meaning to the adjectives perverse, obtuse, second rate, and irresponsible. Of course, as we all know by now, the underlying rationale for this official perversity is worse: it’s criminal.

Because its purpose is to keep the ‘State within the State’, the financial terrorism organisation which has usurped the power of the Executive, in funds in perpetuity: whereas for the world to stand any chance of returning to stability, what is needed as a matter of urgency is for the arrogant, criminal, revolutionary, mafia-embracing US ‘State within the State’ to be thoroughly decimated, crushed underfoot, and deprived of its ability to function independently of Congress, thanks to its criminal financial operations. The only way this can be done is by cutting off its access to ‘Black’ finance and its endless capacity to perpetrate new Ponzi schemes.

It is no consolation to have to add that not only is the United States saddled with a truly criminal Government, but the same applies in London, as well. The rancid stench of political corruption in the British capital has now reached asphyxiating proportions, necessitating the wearing of a gas mask when walking down Whitehall.

Mind you, as a frequent visitor to Washington, the Editor of this service is used to the nasty smell that permeates everything within and beyond the Beltway. It’s nearly, but not quite, as nauseating as the smell of rotting, murdered human flesh that pervaded Midtown Manhattan when the Editor attended his office there in late October 2001, and again as late as February 2002.

As you know, two Japanese nationals were detained by Italian financial police in the first half of June, after attempting to enter Switzerland with $134.5 billion worth of undeclared US Treasury bonds including $10 billion of Kennedy bonds.

According to reports in Il Giornale and La Reppublica, two unidentified Japanese in their mid-50s concealed the bonds, including 249 US Treasury bonds worth $500 million, in a suitcase with a false bottom that was searched by Italian authorities on 3rd June in Chiasso, located at the border with Switzerland. Many observers correctly noticed that the total face value of the seized bonds ‘just happened’ to match precisely the value of TARP funds remaining to the Federal Reserve. On 17th June, it was separately reported that a Japanese newspaper sent a reporter to Como, Italy, who discovered that the men had been released and that their whereabouts were unknown. Please refer to the latest news about thefts, above.

The front page of The Guardian, London, dated 20th June, carried a summary of an interview with British Prime Minister Gordon Brown, who, the paper said, ‘acknowledged that “he didn’t know a lot about” banks buying up sub-prime mortgages [sic!] during his period in office as Chancellor of the Exchequer’, but then argued that the global nature of modern banking meant that such behaviour would “continue to happen”. Which gives rise to the following observations:

• This International Socialist, who espouses globalism and the eradication of the nation state [see above] has just revealed, in essence, that this Fraudulent Ponzi Finance goes hand in hand with internationalist ideology and practice, and that there is nothing whatsoever that can be done about it. In other words, he AGREES with us that globalism provides blanket cover for Fraudulent Finance [see this service, passim]: which is another way of saying what we have been preaching, namely that the World Revolution is being KNOWINGLY financed by Fraudulent Ponzi Finance operations.

• As we have also reported, the UK Treasury has spent millions on fees shelled out to teams of bankers whose institutions have been unmasked as co-opted co-conspirators and Accessories to the Fact of open-ended Fraudulent Finance, as exposed by this service. The UK Treasury has hired these criminal bankers to advise it on how their Fraudulent Finance Ponzi schemes operate, as Mr Brown has admitted that it didn’t have a clue about what was going on.

• When he was Chancellor of the Exchequer, Gordon Brown professes to have been ignorant about the criminal fraud practices that were rampant in the financial sector over which he was presiding. Specifically, in this interview he referenced banks ‘buying up sub-prime mortgages’ which is quite obviously where his understanding of these matters ostensibly STOPS.

If we take Brown’s interview statement at face value, this means that, despite our extensive publicised work on this subject, the Prime Minister of Great Britain and Northern Ireland has NO CLUE about how these criminal institutions have been selling false assets with NO RECOURSE to any underlying stream of income. In other words, for the entire time that he was Chancellor of the Exchequer, Mr Brown ‘never realised’ that the institutions over which he presided were engaged in the massive, open-ended marketing of FRAUDULENT PAPER. And he then had the audacity to decree that vast sums must be deployed to prop up these criminal financial enterprises.

However the balance of probability suggests that Mr Brown may in fact have been lying to his interviewer, and that in actual fact he knew perfectly well what was going on, but that for public consumption purposes, now that the Black Cat is long since out of the bag, he needs to foster the perception that he didn’t have the necessary expertise to understand the deep intricacies of the situation. Brown may think he needs to make this excuse, in order not to be criticised for inaction. However, if we break the law, we cannot plead ignorance of the law, which is ‘no excuse’.

Therefore, if Brown is lying on this score, his lie doesn’t get him off the hook. If he was ignorant about this corruption, he is just as culpable, given the high office he held as Chancellor, as he would be if in fact he knew all about it and did nothing to stamp out these excesses.

Likewise, his successor, Alistair Darling, who has taken over Gordon Brown’s job as the Chief Tax Collector, employed an accountant to complete his Self-Assessment Tax form because he didn’t know how to fill it in himself.

• ‘And if the blind lead the blind, both shall fall into the ditch’. Matthew Chapter 15, verse 14.

It may be recalled that the Editor wrote last year to the UK Ministry of Defence, as the eldest son of a long-serving British Army Officer who fought through BOTH World Wars, to ask what we are doing in Afghanistan. The emailed letter requested specific clarification of this important matter, in view of suspicions that British troops have been engaged and losing their lives there, in order to assist the Americans to grab permanent control over the heroin trade. (With the death of a Welsh Guards soldier in an explosion during the week ending on 20th June, 169 UK troops have been killed in Afghanistan since 2001). The Editor’s letter pointed out that in the likely event of us receiving no response, we would be obliged to conclude that these suspicions were well founded.

As we anticipated and openly predicted, the Ministry of Defence ignored the question, and as we also pointed out later, the probable reason for ignoring the letter was that they could not deny that our suspicions are correct, otherwise they would be lying.

So, rather than lie in writing, they chose (as we had indeed anticipated) to insult the Editor and his father’s memory by not responding at all. Since (see above) the Editor’s own father fought through BOTH World Wars, as the Ministry of Defence would know perfectly well, this clumsy failure even to acknowledge the emailed letter was taken to be a deliberate insult.

On Sunday 21st June 2009, an answer of sorts was received to the Editor’s letter.

It surfaced in the form of an article in The Sunday Telegraph entitled: ‘Our Afghanistan mission is a disaster, says major’. The prominent article asserted that, in writing in the British Army Review, an official publication of the Ministry of Defence (no less), Major S. N. Miller, a member of the Defence Intelligence Staff, had described British military operations in Helmand Province as ‘an unmitigated disaster’ fuelled by ‘lamentable’ Government spin and naïveté.

• ‘Let’s not kid ourselves’, Major Miller wrote: ‘Operation Herrick [the British code name for the ludicrous war in Afghanistan] has been a failure’.

So, we now have TWO military failures to contemplate: the first in Iraq; and now a huge failure in Afghanistan. Major Miller complains, AS A UK INTELLIGENCE OFFICER WRITING IN THIS OFFICIAL JOURNAL, that hundreds of millions of pounds of taxpayers’ funds had been wasted on the Afghan War, which had failed to deliver reconstruction, governance or security. Rather than ‘winning the hearts and minds’, Major Miller said that the British presence had had the opposite effect.

The military intelligence officer’s most severe attack, the newspaper elaborated, was reserved for British counter-narcotics policy: the illicit sale of drugs had been used by the Taliban to finance the insurgency. But that wasn’t his main point. ‘British policy’, Major S.N. Miller continued, towards the poppy crop has been ‘an unmitigated disaster. The chief ‘effect’ of the British presence in Helmand has been to transform Helmand into the opium centre of the world. This remarkable milestone was achieved just two years into the British intervention’.

Major Miller piled on other severe criticisms of British military strategy and tactics, but from our perspective he has of course made our central point for us. The end-result of this catastrophically misguided intervention has been precisely to assist the US ‘Black’ Intelligence Power and its co-opted American Military Establishment to grab control over the heroin poppy crop, which was, as we and others have suspected, the entire purpose of the intervention all along.

In which case, our complaint that British soldiers are dying in Afghanistan to support a criminal enterprise and the nefarious intentions of two criminal governments is indeed well-founded: and the Editor is personally entitled to reiterate that his distinguished military father would be appalled at this gross perversion of British military power.

The other dimension that needs to be stressed here is that the Afghanistan venture is proxy for the uniformly catastrophic consequences that have arisen across the board due to the wholesale global ‘collectivisation of external action’ underlying the reprobate policy, espoused publicly by Mr Brown, of ‘pro-active’ intervention abroad, which is consistent with the assault on the nation state.

By definition, since every nation state nowadays is vulnerable to being attacked if powerful foreign powers take exception to any dimensions of its behaviour, the sovereign integrity of the nation state is greatly undermined: which is the whole point.

And of course, the intervention in Afghanistan has nothing whatsoever to do with British national interests, not least given that these have been collectivised within the context of the European Union Collective, which exists to usurp and replace its constituent nation states in conformity with the logic of the World Revolution generally.

The net result is that British troops have been redirected away from serving Queen and Country to assist the ‘Black’ American imperial Intelligence Power so as to consolidate its evil control over the heroin trade, an operation ‘necessary’ to provide an open-ended pipeline for the financing of its continued status as the controlling ‘State within the State’, and (according to the head of UNODC in his interview with the Austrian journal ‘Profil’ in January), to provide interbank market liquidity.


LEGAL TUTORIAL: The Steps of Common Fraud:

Step 1: Fraud in the Inducement: “… is intended to and which does cause one to execute an instrument, or make an agreement… The misrepresentation involved does not mislead one as the paper he signs but rather misleads as to the true facts of a situation, and the false impression it causes is a basis of a decision to sign or render a judgment”. Source: Steven H. Gifis, ‘Law Dictionary’, 5th Edition, Happauge: Barron’s Educational Series, Inc., 2003, s.v.: ‘Fraud’.

Step 2: Fraud in Fact by Deceit (Obfuscation and Denial) and Theft:

• “ACTUAL FRAUD. Deceit. Concealing something or making a false representation with an evil intent [scanter] when it causes injury to another…”. Source: Steven H. Gifis, ‘Law Dictionary’, 5th Edition, Happauge: Barron’s Educational Series, Inc., 2003, s.v.: ‘Fraud’.

• “THE TORT OF FRAUDULENT DECEIT… The elements of actionable deceit are: A false representation of a material fact made with knowledge of its falsity, or recklessly, or without reasonable grounds for believing its truth, and with intent to induce reliance thereon, on which plaintiff justifiably relies on his injury…”. Source: Steven H. Gifis, ‘Law Dictionary’, 5th Edition, Happauge: Barron’s Educational Series, Inc., 2003, s.v.: ‘Deceit’.

Step 3: Theft by Deception and Fraudulent Conveyance:


• “FRAUDULENT CONCEALMENT… The hiding or suppression of a material fact or circumstance which the party is legally or morally bound to disclose…”.

• “The test of whether failure to disclose material facts constitutes fraud is the existence of a duty, legal or equitable, arising from the relation of the parties: failure to disclose a material fact with intent to mislead or defraud under such circumstances being equivalent to an actual ‘fraudulent concealment’…”.

• To suspend running of limitations, it means the employment of artifice, planned to prevent inquiry or escape investigation and mislead or hinder acquirement of information disclosing a right of action, and acts relied on must be of an affirmative character and fraudulent…”.

Source: Black, Henry Campbell, M.A., ‘Black’s Law Dictionary’, Revised 4th Edition, St Paul: West Publishing Company, 1968, s.v. ‘Fraudulent Concealment’.


• “FRAUDULENT CONVEYANCE… A conveyance or transfer of property, the object of which is to defraud a creditor, or hinder or delay him, or to put such property beyond his reach…”.

• “Conveyance made with intent to avoid some duty or debt due by or incumbent or person (entity) making transfer…”.

Source: Black, Henry Campbell, M.A., ‘Black’s Law Dictionary’, Revised 4th Edition, St Paul: West Publishing Company, 1968, s.v. ‘Fraudulent Conveyance’.


• NASD Rule 3120, et al.
• NASD Rule 2330, et al
• NASD Conduct Rules 2110 and 3040
• NASD Conduct Rules 2110 and IM-2110-1
• NASD Conduct Rules 2110 and SEC Rule 15c3-1
• NASD Conduct Rules 2110 and 3110
• SEC Rules 17a-3 and 17a-4
• NASD Conduct Rules 2110 and Procedural Rule 8210
• NASD Conduct Rules 2110 and 2330 and IM-2330
• NASD Conduct Rules 2110 and IM-2110-5
• NASD Systems and Programme Rules 6950 through 6957
• 97-13 Bank Secrecy Act, Recordkeeping Rule for funds transfers and transmittals of funds, et al.


• Annunzio-Wylie Anti-Money Laundering Act
• Anti-Drug Abuse Act
• Applicable international money laundering restrictions
• Bank Secrecy Act
• Crimes, General Provisions, Accessory After the Fact [Title 18, USC]
• Currency and Foreign Transactions Reporting Act
• Economic Espionage Act
• Hobbs Act
• Imparting or Conveying False Information [Title 18, USC]
• Maloney Act
• Misprision of Felony [Title 18, USC] (1)
• Money-Laundering Control Act
• Money-Laundering Suppression Act
• Organized Crime Control Act of 1970
• Perpetration of repeated egregious felonies by State and Federal public employees and their Departments and agencies, which are co-responsible with the said employees for ONGOING illegal and criminal actions, to sustain fraudulent operations and crimes in order to cover up criminalist activities and High Crimes and Misdemeanours by present and former holders of high office under the United States
• Provisions pertaining to private business transactions being protected under both private and criminal penalties [H.R. 3723]
• Provisions prohibiting the bribing of foreign officials [F.I.S.A.]
• Racketeer Influenced and Corrupt Organizations Act [R.I.C.O.]
• Securities Act 1933
• Securities Act 1934
• Terrorism Prevention Act
• Treason legislation, especially in time of war.

• Please be advised that the Editor of International Currency Review and associated intelligence services cannot enter into email correspondence related to this or to any of the earlier reports.

We are a private intelligence publishing house and have no connections to any outside parties including intelligence agencies. The word ‘intelligence’ on this website and in all our marketing material is used for marketing/sales purposes only and has no other connotations whatsoever: see ‘About Us’ on the red panels under the Notes on the Editor, Christopher Story FRSA, who has been solely and exclusively engaged as an investigative journalist, Editor, Author and private financial and current affairs Publisher since 1963 and is not and never has been an agent for a foreign power, suggestions to the contrary being actionable for libel in the English Court.


It has now been established that the National Security Agency (NSA) works with/controls Microsoft, Norton, McAfee, and others, in pursuit of the Pentagon’s vast BIG BROTHER objective, directed from the ‘highest’ levels (not the levels usually referred to) which seek to have every computer in the world talk direct to the Pentagon or to NSA’s master computers.

This should come as no real surprise since the cynical spooks even assert this ‘in-your-face’ by advertising ‘INTEL INSIDE’, which says exactly what it means. More specifically, NSA have made great strides in this direction by having a back door built into Microsoft VISTA. Certain computers, especially those labelled with the logo of the ‘fully collaborating’ firm Hewlett Packard, have hard-core setups which facilitate the remote monitoring and controlling of personal computers by NSA, Fort Meade. We now understand that if you are using VISTA* you MUST NOT enable ‘file and printer sharing’ under any circumstances. If you say ‘YES’, so to speak, to ‘file and printer sharing’, your computer becomes a slave at once to NSA’s master computers. DO NOT ENABLE SHARING.

Unfortunately, this abomination is so far advanced that this may not be the only precaution that needs to be taken. As long as Microsoft continues its extensive cooperation with NSA and the NSC (National Security Council), the spying system which assists the criminalised structures, and thus hitherto the Bush-Clinton ‘Box Gang’ and its connections, with their fraudulent finance operations, NSA may be able to steal data from your computer. The colossal scourge of data theft is associated with this state of affairs: data stolen usually include Credit Card data, which the kleptocracy regards as almost as good as real estate for hypothecation purposes. Even so, you can make life very much more problematical for these utterly odious people by NOT USING U.S.-sourced so-called Internet Security and anti-virus software. Having been attacked and abused so often, we offer a solution.

We use a proprietary FOREIGN Internet Security program which devours every PC Trojan, worm, scam, porn attack and virus that the National Security Agency (NSA) throws at us. We are offering this program (CD) to our clients and friends, at a premium. The program comes with our very strong recommendation, but at the same time, if you buy from us, you will be helping us finance ongoing exposures of the DVD’s World Revolution and the financial corruption that has been financing it.

The familiar US proprietary Internet Security programs are by-products of US counterintelligence, and are intended NOT to solve your Internet security problems, but to spy on you and to report what you write about, to centralised US electronic facilities set up for the purpose. You can now BREAK FREE from this syndrome while at the same time helping us to MAINTAIN THE VERY HEAVY PRESSURE UPON THE CRIMINALISTS WE HAVE BEEN EXPOSING, by ordering this highest quality FOREIGN (i.e., non-US) INTERNET SECURITY SOLUTION that we have started advertising on this website. This offer has been developed in response to attacks we have suffered from the NSA nerds who appear to have a collective mental age of about five years, judging by their output.

• To access details about the INTERNET SECURITY SOLUTION, just press THE LIVE LINK YOU HAVE JUST READ, or else press SERIALS in the red panel below. This opens up our mini-catalogue of printed intelligence publications. Scroll right down to the foot of that section, where you will see details of this service. When you buy this special product, you will also, as we clearly state above, be paying a special premium by way of a donation to help us finance these exposures.

The premium contains a donation for our exposure work and also covers our recommendation based on the Editor’s own experience that this INTERNET SECURITY SOLUTION will make your Internet life much easier. The program has an invaluable ‘Preview before downloading’ feature.

*VISTA: Virtual Instant Surveillance Tactical Application.


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