INTERNATIONAL MONETARY FUND FILES EMERGENCY PAPERS AT WORLD COURT
Sunday 2 August 2009 04:00
FUNDS TO BE TRADED FRAUDULENTLY BY BARCLAYS AND UBS OFF-BALANCE SHEET
FINANCIAL SERVICES AUTHORITY IN LONDON ALERTED
OBAMA ‘WORKING WITH BUSH-CLINTON CRIME SYNDICATE’
EMBEDDED REPORTERS WHO KNOW THE SCORE ARE NOT REPORTING
• SEE 28TH JULY POST FOR COMPARISON OF THE PARALLEL, INTERACTIVE U.S. AND SOVIET LENINIST SYSTEMS: ‘ANALYSIS OF THE GLOBAL CRIMINAL FINANCE CATASTROPHE’: ARCHIVE
• APPENDED 3RD AUGUST 2009:
THE HIJACKED PAYMENTS AND THE OBAMA BIRTH CERTIFICATE
As ventilated in this 2nd August 2009 report, the end-July Grandfather of all Settlements payment deadlines was aborted like all its predecessors, against a background of (a) extremely suspicious upward manipulation of the stock market and (b) deplorable ongoing ‘real economy’ developments in the United States, Britain and the Rest of the World, coupled with the blocking of the Stimulus Money, consequent non-payment of funds due to the US States, and obscene bonus payments and profit-gouging by corrupt financial enterprises despite the sombre real economic background.
And now, all of a sudden, at this absolutely critical juncture, there surfaces evidence, from Nairobi, of the Kenyan birth certificate. Could this be a coincidence, we hear you not ask?
INTERNATIONAL POWER STRUGGLE FOR DISPOSITION OF THE MONEY
Our interim answer is: THIS IS NO COINCIDENCE. So what is going on behind the scenes? The phrase POWER STRUGGLE springs readily to mind here. Consider the murky actors in question:
• CIA criminalist operative, thief and controlled, compromised Secretary of State Mrs Hillary Rodomski Clinton (probably working ‘with’ Attorney Berg) representing (or at loggerheads with, depending) William Jefferson Rockefeller-Clinton, and who seeks by every means available to assure, manipulate or regain control of the stolen, misappropriated, misapplied, diverted funds, including the tax payable on the $4.5 trillion which feuding US factions eyed (as we reported way back), with a view to dividing them up among themselves and not allowing them to be paid into the US Treasury, with the connivance of all the relevant parties.
• Rahm Emanuel, the Mossad chieftain operating from inside the White House, no less, who’s looking after certain (but probably not all) Israeli monetary interests previously (and probably still) controlled by Paulson, with fellow Jew Rubin looking after the Clintons’ ‘interests’ either genuinely or on behalf of a separate IsraelI intelligence faction.
• Orly Taitz, a Russian Jew raised in the USSR who defected to Israel before surfacing in the United States to front this operation over the birth certificate: more evidence of Mossad in play here, but even more to the point, starkly circumstantial evidence of a Russian (Soviet) hand in this activity, almost certainly Soviet Military Intelligence (GRU, Glavnoye Razvedyvatelnoye Upravleniye, 2nd Directorate), fronted by Vladimir Vladimirovich Putin.
• British intelligence (MI5, MI6) operational input facilitating the carefully timed ‘bombshell’ release of the Obama birth certificate evidence in Kenya, timed to pull the rug from beneath Obama in light of his intransigence and lying over the Settlements payouts [see report below].
Even if the foregoing suggestions are not 100% bullseye, or are incomplete or even nowhere near accurate at this stage, what we can certainly state without fear of contradiction is that the Obama birth certificate issue is indeed a primary instrument that is now, finally, being pro-activated and leveraged to determine the outcome of the lethal international struggle over control of the stolen, diverted, exploited, and otherwise misappropriated Settlement payments by the Bush-Clinton (CIA-DVD) Crime Syndicate associated with the Chicago mafia, with criminal Chinese connections that have been ‘working with’ the Bush-DVD-CIA criminal elements but which are totally opposed by the official and Taiwanese Chinese parties in this unfettered, ruthless maelstrom of evil.
AND SEPARATELY: AFGHANISTAN CAMPAIGN UPDATE
It is about 14 months since we first wrote to the UK Ministry of Defence asking what we are doing in Afghanistan, and pointing out that in the absence of an appropriate explanation, we would be left with no option but to maintain our ‘holding pattern’ conclusion that we are in fact secretly assisting US ‘Black’ Operations to procure permanent control over the heroin trade.
• As previously reported, the Ministry of Defence chose not to bother to reply, treating this eldest son of a distinguished late British Army officer with contempt.
Contempt is something that the arrogant British Ministry of Defence is exceptionally ‘good’ at. Its accumulated contempt for the families of dead soldiers and its failure to provide the British public with an answer to the question that we asked 14 months ago, has now blown up into its duplicitous, pockmarked collective face. Specifically, The Times of 3rd August 2009 displays on its front page a segment headed: ‘Afghan War must be explained, say MPs’.
A summary of the relevant article (page 3) explains: ‘Public support for the war in Afghanistan is likely to be lost unless the Government properly explains its mission, a group of MPs said. Mike Gapes, Chairman of the [House of Commons’] Foreign Affairs Committee, also said the operation had suffered serious mission creep and questioned why Britain had the lead role among Nato forces in fighting the Afghan drugs trade’.
A BRITISH ARMY WIDOW’S HEARTBREAKING OBSERVATIONS
Page 3 of The Times shows the bereaved Mrs Sally Thorneloe standing in her black dress while her late husband’s coffin, draped in the Union Jack, passes by. She later told The Times that she had lost ‘my best friend, my soul mate, and my hero’. Lieutenant-Colonel Thorneloe’s widow said that she had been ‘given a life that I don’t want. Facing the future is a bleak, unforgiving thought’.
Describing her two daughters, Hannah (4) and Sophie (2) as ‘my salvation’ and ‘my future’, she recalled the pain, on hearing of her husband’s death when a bomb shattered his Viking armoured vehicle on 1st July, of explaining to them that their father was not coming home.
‘The possibility of Sophie having any meaningful memories of Rupert are so heartbreakingly low’, said this lady. ‘When she sees him on the television she jumps up and down with excitement, but is much too young to understand death. Hannah looked so bewildered, so bereft. She adored Rupert’.
If the Editor were to conclude this segment with a comprehensive statement of what he thinks of the dirty swine who have led our troops into this jungle of US iniquity, computer screens would explode in the faces of complacent apparatchiks on both sides of the Atlantic simultaneously.
MISPRISION OF FELONY: U.S. CODE, TITLE 18, PART 1, CHAPTER 1, SECTION 4:
‘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’.
CALLING EVIL GOOD, AND GOOD EVIL
‘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.
‘WE’LL KNOW OUR DISINFORMATION PROGRAM IS COMPLETE WHEN EVERYTHING THE AMERICAN PUBLIC BELIEVES IS FALSE’: William Casey, Director of Central Intelligence: An observation by the late Director at his first staff meeting in 1981. This observation reveals the mentality of cynicism which infests the US Federal control structures, and the reality that these structures regard the American people with total contempt. This attitude is the opposite to the noble concept of service to the American people which ought to inspire holders of public office, and therefore represents the epitome of decadence.
The evil spirit directing William Casey got the better of him when he committed suicide in hospital some years later, ostensibly to ‘protect the President’. The fantastic verbal fantasies perpetrated on certain US websites that are operating on the basis of Mr Casey’s principle, enunciated above, should therefore be handled with extreme care. Casey warned you!
‘NONE OF THIS MUST EVER COME OUT’
‘None of this must ever come out, you understand’.
Well, it has. What did she expect?
Gwendolyn Waymark, a Bush Sr. operative, in a voicemail to the Editor in May 2003.
• ON-AGAIN, OFF-AGAIN DIALECTIC IS A CONTROL DEVICE TO MASK THE ONGOING THEFTS
• EMBEDDED REPORTERS WHO KNOW THE SCORE ARE NOT REPORTING
• SUMMARY OF THE SETTLEMENTS CRISIS AT THE END OF JULY
• BERNANKE P.R. CAMPAIGN TO SELL THE FED’S NEW FALSE ‘OPENNESS’
• IN THAT CASE, THE FED CHAIRMAN CAN ‘COME CLEAN’, CAN’T HE??
• LAW ENFORCEMENT URGE US TO CONTINUE THESE EXPOSURES
• CHINESE AUTHORITIES SEND URGENT LETTER TO OBAMA
• REMINDER: THE WANTON NEW U.S. OFFICIAL DEBT IS WHOLLY UNNECESSARY
• EARLY SIGNS OF THE IMPACT OF THIS MADNESS ON INTEREST RATES
• ‘BUSH 43 RUSHES OUT OF AUSTRALIAN BANK WHEN CHINESE PRINCIPAL APPEARS’
• FRAUDULENT TRADING OF STOLEN SETTLEMENT FUNDS BY BARCLAYS AND UBS
• OBAMA’S MANY VISITS TO ELKHART, INDIANA
• OBAMA ‘WORKING WITH BUSH-CLINTON CRIME SYNDICATE’
• THE OBAMA-TRIGGERED PENNSYLVANIA PAYCHECK CRISIS
• OFFICIAL CRIMINALS ASSISTED BY BANKING SECTOR INTRANSIGENCE
• FAILED ATTEMPT BY OBAMA TO KICK PROBLEMS INTO THE LONG GRASS
• ANNEXE: ‘BANKERS ARE GETTING AWAY WITH MURDER’:
Article by Jeremy Warner, the Daily Telegraph, London. 1st August 2009.
• INTERNATIONAL CURRENCY REVIEW: Volume 34, Numbers 3 & 4: Comprehensive coverage of the twists and turns of this crisis between September 2008 and June 2009, containing details of many of the astonishing goings-on in the lawless space called the intergovernmental sector.
• THIS COMPREHENSIVE WORK WILL BE PUBLISHED ON 14TH AUGUST 2009. It will ensure that all the events recorded since September 2008 are lodged permanently in the global public domain, and all over the world in places ‘where it matters’, so that attempts to whitewash the criminality of American operatives at the highest levels of the US Federal Government cannot ever succeed.
• In this ‘Black’ arena, ‘anything goes’, assets of other parties are stolen and traded, deception is standard practice, and everyone lies to everyone else.
• This enormous issue of International Currency Review, which is currently ‘on machine’, provides a devastating record and critique of the deplorable behaviour of the Big Powers, as they fight over stolen money. Please apply via the CONTACT US facility for availability and price details.
• 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 foot of this report, below the legal data. See also our catalogue by clicking on World Reports Limited and scrolling down to the bottom.
• COPYRIGHT NOTICE REFERENCING THE STEALING OF OUR COPYRIGHTED BOOKS BY U.S. COPYRIGHT PIRATES APPEARS AT FOOT OF THIS REPORT ABOVE THE LEGAL DEFINITIONS.
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.
NEW REPORT STARTS HERE:
ON-AGAIN, OFF-AGAIN DIALECTIC IS A CONTROL DEVICE TO MASK THE ONGOING THEFTS
The repeated (Leninist) dialectical methodology applied to dupe payees, the ransacked, the payee countries and the two main victims of the American pillaging operations, namely China and HM The Queen, is a device to obscure ongoing theft and illegal diversion and exploitation of the already stolen funds. As long as the criminals can keep everyone guessing and alternately angry and then relaxed in expectation of the payouts, the criminal masterminds behind these scams can continue their operations, aided and abetted by the hacks operating with controlled websites to throw sand in the faces of all concerned. Behind this gigantic operation stands the out-of-control criminal US Intelligence Power, and its controlled Obama White House within which sits the USA Mossad chief, Rahm Emanuel. This immense financial scamming operation is now proceeding with new vigour, as though last September’s discontinuity was just a ‘little local difficulty’.
It therefore falls to those few who are destined to expose and flatten these criminals, to raise the temperature so that the heat in the devil’s kitchen that these devils inhabit becomes too hot even for them to endure. This report, posted at 4:00am on 2nd August, has been expanded as of the late afternoon UK time on the same date, and will be followed by the publication of specific exposure
material which will place known criminal co-conspirators on the spot.
The nature of the forthcoming exposure material may appear somewhat difficult for lay observers to understand: but the point is that those at whom the new exposures will be directed, will understand perfectly well, and may be forced to react. The lay reader will have to remain content with the fact that we have the guts to expose these rats: and believe us, we WILL.
EMBEDDED REPORTERS WHO KNOW THE SCORE ARE NOT REPORTING
As a direct response to THIS posting, the Editor was informed at about 4:00pm UK time on this date by impeccably knowledgeable US OFFICIAL sources that there are a number of embedded American reporters in the well-known ‘mainstream’ print AND broadcast media WHO KNOW ALL ABOUT THIS CORRUPTION CRISIS, WHO READ OUR REPORTS AND WHO ARE SPECIFICALLY REFRAINING FROM REPORTING ON IT EVEN THOUGH THEY KNOW THAT WHAT WE REPORT IS ACCURATE*. The sources who have just divulged this information wished us to know this for a FACT.
Therefore, we now have OFFICIAL confirmation that elements of the US ‘mainstream’ media are being blocked from reporting and exposing this pervasive high-level corruption, the involvement of the White House, the CIA, the State Department and well-known figures in the Legislature.
Furthermore, we were told about an hour later that the US military likewise know perfectly well what is going on and we were advised that officers remain in gross dereliction of their oaths and duty to defend the United States against all enemies, both foreign and at home.
While all this is perfectly obvious except to those high on substances or who are sitting on their brains, the significance of this intervention is that we were SPECIFICALLY INFORMED of the fact that key US reporters are NOT DOING THEIR JOB, the implication being that they have been paid.
It should also be well understood by the perpetratrors of these crimes that they have pushed their criminality over the edge and that where we are able to expose SPECIFIC INDIVIDUALS beyond the well-known criminal operatives holding high office, we will do precisely that. If we can establish the identities of the journalists who are reported to be failing in their duty, incumbent upon the Fourth Estate, to expose wrongdoing by holders of public office, we will expose them too.
*Lawyers would say that we publish what is true ‘to the best of our knowledge and belief’. However we normally state outright that what we publish is TRUE: otherwise we wouldn’t publish it. You may reflect on the fact that the Editor still has two legs, by the grace of God: and you may wonder why this is so. It’s because what we publish is TRUE ‘to the best of our knowledge and belief’.
SUMMARY OF THE SETTLEMENTS CRISIS AT THE END OF JULY
Given that the end of July was built up (as was 1st May 2009, you will recall) as the absolute, final deadline for settlement, the payout of the Settlements funds was scheduled to begin at 3:00pm on Wednesday 29th July. This didn’t happen. Payout of the Settlements funds was then rescheduled to begin at 3:00pm on Thursday 30th July. That didn’t happen either.
• Nothing new here, you will understandably say: except that:
• On 29th and 30th July 2009, the Editor learned from several sources considered reliable that the Settlement funds had yet again been hijacked, diverted and deployed for illicit operations with the full knowledge of the corrupt US authorities, including Obama [see below], for purposes for which they are not intended. We double-checked with further reliable contacts of ours; and within a few hours, this assessment was confirmed to be accurate.
• On Thursday 30th July the Editor was advised that the International Monetary Fund (IMF), which requires the Settlements payments to be effected – and which, with the World Bank, is precluding off-balance sheet accounts in conformity with the Basel-II/Basel-III requirements agreed in the forum of the Basle Committee within the Bank for International Settlements – filed EMERGENCY PAPERS with the World Court at The Hague demanding that the US authorities release the funds that they are illegally blocking.
• FACT: This is a very significant development, as the entire post-war international financial system begins and ends with the Fund, which can therefore be described as by far the most important international financial institution in the world.
• FACT: It follows that the Fund is now at loggerheads with the White House, the US Treasury and the extremely arrogant US State Department under the exposed criminal operative [see our recent reports], Mrs Hillary Clinton. For the IMF to fall out with the three key overt US Government power centres like this, is historically unprecedented.
• Late on Friday 31st July, the Editor was further informed that a huge amount of the Settlements funds has been diverted/stolen, and is being deployed in fraudulent trading operations by corrupt financial enterprises, described below, with the knowledge of the ‘President’ (1) .
• At the same time, the Editor was informed that the key Paris-based Bush Sr. relative who must be paid in order for the necessary overdue payments cascade to take place did not obtain access to the funds ‘due’ to him last week and, like the IMF, was said to be ‘furious’ – this being the first time that we have heard of this ‘linked’ party letting his guard down and venting his anger against the Crime Family to which he belongs.
• The primary corrupted financial enterprises engaged in this activity are now reported to us to be Barclays in London and UBS (Union Bank of Switzerland), Zürich. The instrument being used for this purpose has reportedly been doctored so that the trading ops. can remain permanently off-balance sheet. There is evidence that this Fraudulent Finance has been ongoing for several weeks, which would explain why an extensive Financial Times analysis of the derivatives sector in mid-July 2009 contained an anomalously arrogant observation from the bowels of Barclays Capital to the effect that ‘our team has never been busier’. The reason why is explained below.
• All of a sudden, the world learned (on 1st August) that the American authorities have ‘reached agreement’ with UBS over that bank’s sponsorship of money-laundering and tax evasion by US wealth holders, and that, broadly speaking, both the bank and the tax evaders are being let off the hook. Of course, THIS IS NO COINCIDENCE, given the fact, exposed in THIS REPORT, that UBS has been and is trading the stolen Settlement funds to the enrichment of beneficiaries who are highest-level US officer-holders, legislators and others.
[Incidentally, by late afternoon on 2nd August we had reached the conclusion that the Standby Letter of Credit Scam described herein has probably been going on since last March, after we destabilised the Lombard Odier Hentsch operation].
• Nobody has been paid, except that certain criminalist operatives in the New York area have been able to access Settlement funds in connection with the illegal scamming operation disclosed here.
• Given the involvement of a key British-based institution, the Financial Services Authority (FSA), which has the power to put an immediate stop to this corruption, is being informed following the publication of this report. We shall see whether the FSA upholds the Rule of Law, or whether it prefers the taste of fudge.
• Also on 31st July, we acquired evidence that ‘President’ Obama makes frequent visits to Elkhart, Indiana, out of which is operated a key George Bush Sr. financial corruption engine or outlet. The details are exposed below.
• FACTS: The US States have STILL not received the funds payable to them out of the Obama Stimulus Money, because the Stimulus Money depends upon the Settlements funds payouts, which continue to be hijacked with ‘President’ Obama’s evident full knowledge and consent.
• FACT: IT FOLLOWS THAT ‘PRESIDENT OBAMA’ IS LYING TO THE AMERICAN PEOPLE. Payees were supposed to have obtained the ability to access their hijacked funds no later than 31st July, and this was denied to them; so Obama’s earlier assurances to that effect were lies.
• We also specifically know that:
• Obama lied on 29th-31st July to Senators about the Settlements being paid during that 72-hour timeframe, and that likewise:
• Senators have been lying to others that the payouts were to start, have started, are proceeding and would be completed by the end of July. None of these assertions was true, and the Senators who have been uttering these lies knew that they were lies, as did the ‘President’.
BERNANKE P.R. CAMPAIGN TO SELL THE FED’S NEW FALSE ‘OPENNESS’
In a separate but parallel operation, Dr Ben Bernanke, Chairman of the Federal Reserve Board, is engaged in a P.R. campaign to remarket itself as ‘user-friendly’. For instance, his visage and words of wisdom were plastered across the front page of the compliant Financial Times on 31st July 2009, under the heading: ‘Bernanke spells out the Fed’s new openness’
The ‘in-your-face’ chutzpah and audacity of Bernanke’s insolence here is breath-taking, in view of the facts that (a) the Federal Reserve System has been and remains deeply involved in both the perpetration and obfuscation of the Fraudulent Finance trading that has brought the world to the brink of catastrophe; (b) the current US Treasury Secretary, Timothy Geithner, when serving as President of the Federal Reserve Bank of New York, was a party to the illegal hijacking of the $4.5 trillion brought over from the People’s Bank of China in May 2006 and then removed from Bank of America, Richmond, VA, to a Goldman Sachs account within Citibank under the sole signatory of his predecessor, the former CEO of Goldman Sachs, Henry M. Paulson Jr.; and (c) Bernanke is himself resisting Representative Ron Paul‘s bill, supported by 250 co-sponsors, for the privately-owned Federal Reserve System to be audited. Yet this fellow told The Financial Times, which gobbled up his double-minded words, as follows:
‘Normally Fed Chairmen don’t do this kind of thing because we want to avoid causing near-term market volatility as people try to anticipate our next Federal Open Market Committee [FOMC] meeting. But this is an extraordinary period’ [unspoken words: brought about inter alia as a direct consequence of the Fraudulent Finance operations in which my predecessor and I have indulged so far with absolute impunity – Ed.]. ‘We want to answer the questions we know [that] people have about what hit them in this economic crisis, what the Fed is doing about it, and how we expect economic developments to play out’.
IN THAT CASE, THE FED CHAIRMAN CAN ‘COME CLEAN’, CAN’T HE??
Since Dr Bernanke says that the Fed knows what questions people want to ask, and also implies that the Fed knows all the answers to their questions, here is a simple, practical suggestion for the Federal Reserve Chairman’s immediate consideration:
• Draft a Question and Answer text citing all the questions that you say you know about and all the answers that you have at your finger-tips, and place this text prominently on your website, so that everyone knows where you stand.
• Make sure, won’t you, that you answer all relevant questions about the corrupt, hidden financial transactions that the Fed facilitates via the Federal Inter Bank Settlement Fund which provides you with such a very convenient closed-circuit means of disguising the siphoning of funds off-balance sheet into the never-never world you inhabit where no auditing of transactions ever takes place.
• And while you’re about it, kindly help us out, would you, and explain, for instance, why your predecessor sanctioned payments for the account of President Jorge Bush in 1992?
Let’s be specific and take one instance of such illicit payments: we refer here to Dr Greenspan’s authorisation of the transfer of $1.0 billion by Banco Exterior de Espana, Malaga, Spain, to Banco de Panama, Panama City, Panama, as receiving bank, for credit of Pilgrim Investments and Jorge Bush [reference data: 890810/36/11716882 for account # 3294-5528 via wire # 81513611716882] in direct violation of Title 5, Section 7353 et seq. which precludes all corrupt payments to the holder of any office under the United States – in respect of which transaction James A Baker III told the analyst to just ‘shut up’ ‘as I am protected by the Rogers-Houston Memorandum’ to “cooperate”: as displayed on pages 458-459 of International Currency Review, Volume 31, Numbers 3 & 4 published during the Fourth Quarter of 2006, which has therefore been in the international public domain world wide for more than two and a half years.
• No doubt Dr Bernanke will, given his new Fed ‘openness’ offensive, and his awareness of the foregoing published facts, be only too anxious to oblige.
LAW ENFORCEMENT URGE US TO CONTINUE THESE EXPOSURES
Anyway, given the Obama-sanctioned and therefore entirely perversely catastrophic financial and economic environment (lately disguised through manipulation, using stolen Settlement funds, of the stock market), we were unsurprised to learn that even US law enforcement sources were, on 31st July, urging us, through intermediaries, to persist with these exposure reports. This reflects either the law enforcement cadres’ impotence to cauterize the sources of this corruption, their unwillingness to do so, their knowledge that these exposures are pushing resolution of these matters despite incessant setbacks, or all of the above.
CHINESE AUTHORITIES SEND AN URGENT LETTER TO OBAMA
On 1st August, the Editor was informed that Chinese authorities had sent a letter to ‘President’ Obama demanding immediate settlement of the blocked payouts – and presumably for him to cease and desist from this persistently obtuse and reprobate criminal behaviour. Meanwhile:
• From an intermediary with the underworld, we hear that ‘Chinese parties are responsible for blocking the Settlements’. What this false report actually means is that the corrupt Ming Group, which has worked and continues to work with the criminal Bush Sr. and Clinton cadres stealing money, is engaged in trading operations using their pathways inside the organised crime nexus of the Bush-CIA-Clinton Syndicate.
• It follows that the Chinese authorities, in addition to putting very heavy ongoing pressure on the ‘President’ of the United States, should also clean up the mess in their own back yard by arresting and ‘dealing with’ the Ming Group operatives who are standing in the way of the Settlements.
• While on the subject of Chinese issues, during the late July, two-day ‘G-2’ Summit-fest involving 150 senior Chinese officials in meetings all over Washington, DC, the Chinese made it quite clear in language that even ‘President Obama’ can understand, that no more Chinese money will be flowing into decadent US Treasury instruments. On the contrary, the Chinese have snapped the door tight shut on that source of finance, which of course they had indicated that they would do much earlier – and should have done as soon as the extreme duplicity of these US official criminal operatives had become evident to them in this context.
EARLY SIGNS OF THE IMPACT OF THIS MADNESS ON INTEREST RATES
Accordingly, US Treasury two-year notes rose by a sharper uptick in the course of no less than four Treasury instrument auctions conducted during the week ending on 31st July 2009, than had been observed for the preceding eight weeks. Actually, US Government securities have posted losses for four consecutive months, this being the longest period of such losses since 1996.
Over five days ending on 31st July 2009, the US Treasury, following the reckless and irresponsibly demented Obama-Geithner course of accumulating vast mountains of entirely unnecessary official debt, sold $115 billion of Notes – including a record $42 billion of two-year securities and $39 billion worth of five-year debt, both tranches drawing less interest from investors ‘than predicted’ – because the Chinese are staying away from this madness. Hence:
• The two-year notes yield rose by 12 basis points on the week (viz., 0.12%) to 1.11%, with the yield touching 1.22% on 29th July, the highest level since 25th June. Elsewhere within the yield spectrum the same phenomenon was observed. Over 2009, treasuries have fallen by 4.7%.
• Over Fiscal Year 2009, the published budget deficit is projected to reach a record $1.85 trillion (13% of US GNP), according to the Congressional Budget Office. The US Government is projected to have ‘needed’ to sell about $2.9 trillion of entirely unnecessary debt over the two Fiscal Years to 30th September 2010.
REMINDER: THE WANTON NEW U.S. OFFICIAL DEBT IS WHOLLY UNNECESSARY
As we have previously stated, incurring this official debt is entirely unnecessary, and therefore reckless and irresponsible, because if a sound policy were being followed, all trading would be conducted exclusively on the books in the private sector with no Government-linked input and no illicit off-balance sheet operations, enabling the Government to tax this activity at 35% – thereby generating a cascade of windfall accruals to finance all requirements as well as paying down the colossal mountain of official ‘background’ debt – with no new debt being created.
But this would be contrary to the scandalous vested interests of the giant, corrupt financial casino-enterprises which engage exclusively in financial SPECULATION and are therefore holding both the compliant US and the UK Governments to ransom, while preventing the orderly rehabilitation of the financial and real economies of both countries and of the Rest of the World.
‘BUSH 43 RUSHES OUT OF AUSTRALIAN BANK WHEN CHINESE PRINCIPAL APPEARS’
On 29th July 2009, it was reported to us that Bush 43 had suddenly surfaced in Australia, where he entered a bank with the objective of, as we were advised, ‘stealing some Chinese funds’. However while he was in the bank, the relevant Chinese authority, or the principal, having been forewarned, appeared simultaneously at the Australian institution. Whereupon Bush Jr. rushed out of the bank as fast as he could like a petty thief caught shop-lifting.
• FACT: Although we could obtain no precise confirmation of this, the following added background information is pertinent. In the first place, the Bush Crime Family was reported to us by informed sources to be in ‘desperate’ need of finance to pay for the huge protective compound (bolt-hole) they are constructing in Paraguay, which these days is run by a corrupt, defrocked former Catholic bishop with ‘a direct line’ into the German-run Vatican and thus the Vatican Bank, directed by the former President of the Bundesbank, Dr Hans Tietmeyer, who also serves as the Chairman of the Bank for International Settlements’ Administrative Committee and is therefore the most powerful ‘private’ financial official in the world [see our report dated 26th July 2009].
Secondly, it is worth bearing in mind here that the corrupt CIA regards Australia virtually as its own possession. It is the CIA, a duplicitous enemy of the United Kingdom, which uses the UK for its own purposes but betrays its confidences and loyalty at every turn (2), which is behind the campaign to replace the monarchy in Australia. Unfortunately, many kindly Australians are far too complacently wedded to ‘sport’ to understand what is going on. The Australians should stand up and give the corrupt CIA a piece of their mind, which they are very good at doing when the mood takes them.
FRAUDULENT TRADING OF STOLEN SETTLEMENT FUNDS BY BARCLAYS AND UBS
As indicated above, it is reported to us that Barclays and Union Bank of Switzerland (UBS) have been and are trading stolen Settlement funds in the following fraudulent manner:
• They are deploying Standby Letters of Credit which have been doctored to remove the clause requiring the Letter of Credit to be presented at a named bank for payment in 360 days. Removal of this clause converts the Standby Letter of Credit into a fraudulent trading instrument by placing the contingent liability permanently off-balance sheet.
• This fraudulent activity is being drawn to the attention of the Financial Services Authority (FSA) in London simultaneously with the publication of this report. The FSA has the power to intervene to order a financial institution that it regulates, to cease and desist from irregular activity and to take appropriate disciplinary measures. It must do this immediately in this case, to cite the words of The Queen to the Group of Seven Financial Powers, ‘for the sake of the whole of humanity’.
According to information proffered to this service by impeccable sources, Barclays is an extremely corrupt institution holding massive illegally stashed profit funds derived from Fraudulent Finance operations, and which has been and continues to be heavily engaged in the headlong manufacture of fraudulent off-balance sheet profits.
• It is at the forefront of the compromised financial institutions seeking to ‘put the clock back’, in order to counteract the discontinuity that overwhelmed the financial sector in mid-September 2008 as a consequence of its collective criminal intransigence.
Hence Barclays PLc.’s profits rose by a reported 28%, according to a Bloomberg report filed on 31st July 2009. According to Mike Trippitt, a London-based analyst with Oriel Securities Ltd, ‘Barclays Capital… have strong gross revenues based on good debt trading and debt origination’.
• The entity is the world’s biggest underwriter of international bond sales, and is expanding its securities component given that the institution avoided an official bailout and the restrictions associated with it. Of course nowhere in any of the write-ups lauding Barclays’ performance was there any reference to operating with stolen funds.
OBAMA’S MANY VISITS TO ELKHART, INDIANA
On Wednesday 5th August, ‘President’ Obama will make his fourth known visit to Elkhart, Indiana, a small town of about 52,000 people – the site of several German-owned companies manufacturing railroad cars, RVs and pharmaceuticals, and perhaps best known as a station stop on the Amtrak line from New York to Chicago, and for a German-speaking population.
It is Obama’s birthday on 4th August, and Elkhart is a staunchly Republican town. One possibility is that Obama needs to be certain of the support of the ranking minority leader on the Senate Foreign Relations Committee, Senator Richard Lugar [R. Indiana], who has again ‘sold out’ and is said to be supporting the ‘Black’ (in the intelligence sense) operative Sottomayor for the Supreme Court, whose backing is considered essential if it comes to a showdown over the eligibility issue.
But leaving this consideration aside, Elkhart copped the recession early as it is in the heart of the recreational vehicle industry: so one might be able to ‘explain’ one Obama visit to this locale. But four (or five, if one includes Obama’s known visit to nearby South Bend, where Al Capone used to have a residence*, and Notre Dame) is a little difficult to comprehend. Since Al Capone lived in the area, could it be that today’s heavyweight Chicago gangsters are based in the same plush district?
• Actually, Al Capone lived just north of Elkhart*, just over the Michigan State line. He was situated so that ‘product’ could come in and out by rail; while the location close to the State line and major roads facilitated fast getaways beyond local law enforcement jurisdiction.
Anyway, ‘President’ Obama has made the following visits to the area:
• 4th May 2008: Elkhart.
• 6th August 2008: Elkhart.
• 9th February 2009: Elkhart.
• 17th May 2009: South Bend and Notre Dame.
• [scheduled]: 5th August 2009: Elkhart.
• FACTS: A key component of the Bush Sr. Financial Crime Syndicate operates out of Elkhart, working with counterparties based in El Toro, California. Under the Clinton Crime Presidency, it was this operation that generated funds for placement with British building societies – the most notorious being Northern Rock, with its off-balance sheet, offshore fraudulent asset-alienation operation ‘Granite’ functioning out of Jersey, Channel Islands.
OBAMA ‘WORKING WITH BUSH-CLINTON CRIME SYNDICATE’
To prevent a collapse of the British banking system, in the face of TV and press images of long lines of customers lining up outside Northern Rock branches to withdraw their funds, the panicking British Government under Gordon Brown pumped billions into this wretched institution, which had long since been converted into a compromised funny-money conduit associated with the George Bush-Clinton Organised Financial Corruption Syndicate.
• In other words, the rapacious Bush-CIA-DVD-Clinton Syndicate is specifically responsible for the degradation of the British banking system – aided and abetted by the rampant corruption of course within the UK banking sector itself.
Given the above information, we deduce that ‘President’ Obama may be working in collaboration with the Bush-Clinton Financial Crime Syndicate (and we use the tentative tense here because while this is what we are virtually certain must be the case, the only related information to hand, to our satisfaction, so far, is what has been published above).
• That Obama was co-opted when he visited Elkhart on 8th May 2008 seems likely, although, given that he is a groomed asset of the corrupt Intelligence Power, it is not possible to be precise on this score. At all events, these connections look extremely grim for this operative, and we imagine that further intelligence may surface in this context following this posting.
THE OBAMA-TRIGGERED PENNSYLVANIA PAYCHECK CRISIS
As indicated earlier and above, the US States that are due Stimulus Money have not received the amounts allocated to them because ‘President’ Obama is himself specifically engaged in a massive deception and cover-up operation to continue the stealing of what we understand to be a HUGE proportion of the Settlement funds.
In this connection we can be specific about what has been happening in Pennsylvania:
(1): Approximately 77,000 Pennsylvania State workers have not received full paychecks for weeks. (In the United States, employees in the public sector and with entities such as Amtrak, are paid every two weeks. This is a good arrangement not replicated, for instance, in the United Kingdom).
(2): About 33,000 Pennsylvania State employees who received partial paychecks earlier (in July) were not paid at all on the second July payday, which was 31st July.
(3): Thousands of vendors, as well as State Legislators and at least 1,000 Pennsylvania Court employees were not paid in July at all..
(4): A further 44,000 Pennsylvania State workers, who were also only paid partially in mid-July, will receive no paycheck on 7th August (3) .
For public consumption purposes, this unprecedented State crisis is being blamed on the failure of the State Legislature to agree a 2009-2010 State Budget, after the 2008-09 State Budget expired on 1st July 2009. Pennsylvania’s Constitution stipulates that the State Government is precluded from paying its bills, including remuneration for its employees, without State Budget authorisation.
However the underlying reason for the $28 billion reported PA State Budget impasse is that the Budget negotiations could not be concluded because the allocations were meant to include funds derived from the Obama Stimulus Money which has been blocked as a direct consequence of the hijacking of the Settlements funds.
Indeed this was clear from reports that State legislators had so far been unable ‘to establish the overall size of the Budget‘. In the meantime, there were reports from State employees that ‘things are getting ugly’.
So Pennsylvania Governor Ed Rendell was reported to have indicated on 29th July that thousands of State employees and vendors would be paid within about two weeks if the State Budget impasse continued. This, he said, would be achieved by the Governor using his line-item veto, which would freeze other payments pending an overall resolution. But since the size of the State Budget could not be agreed until it was known whether the promised funds from the Stimulus Money would be forthcoming, it was hard, at this writing, to see quite how the impasse could be resolved, in the face of such reprehensible ongoing White House obduracy.
No wonder the Obama Cabinet was reported to have gathered for a ‘retreat’ over the weekend of 1st-2nd August 2009, as they argued internally about how to extricate themselves and this already discredited Administration from the terminal death-trap into which their own corruption and refusal to insist upon the application of the Rule of Law, has consigned them.
• Could the hand-delivered Chinese letter to Obama, containing (we speculate) an ultimatum, have been added to their agenda?
•In any case, what on earth was the point of such a meeting if the arch-criminal money thief and CIA operative who stole $500 million from Bank Crozier in Grenada and tried to grab the stolen Katrina funds earlier this year in Baghdad, was in attendance?
OFFICIAL CRIMINALS ASSISTED BY BANKING SECTOR INTRANSIGENCE
We all know now that the corrupted banking sector has no intention of ‘going straight’, even though (see above) the International Monetary Fund and the World Bank are resolute (we are told) in their intention to preclude off-balance sheet operations – a fact which, if true, represents a tribute to the common sense of the Fund’s Managing Director, Dominique Strauss-Kahn, who, despite an early spate of lousy publicity, has a reputation (which the Editor has himself observed at close quarters) of speaking his mind and not indulging in double-speak.
Indicative of the reality that the finance houses, aided and abetted by the increasingly sycophantic Financial Times, want to put the clock back to life before the mid-September 2008 discontinuity, was the news, publicised on 30th July, that one of the biggest (i.e. the most corrupt) investors in risky credit ops., Alcentra, is to take over the management of Rabobank’s Collateralised Loan Obligations business (i.e. its Fraudulent Finance portfolio), in what the Financial Times called ‘a rare example of long-awaited consolidation in the sector’.
• FACT: Alcentra is owned by BoNY Mellon Asset Management. Bank of New York Mellon (BoNY Mellon), as you will recall from our 2007 coverage, is the corrupt US financial enterprise which stole The Queen’s LOAN funds made available by the Bank of England on 19th-20th June 2007 for the purpose of financing the intended Dollar Refunding operation requested by Her Majesty, when she told the G-7 that the Refunding needed to proceed ‘for the sake of the whole of humanity’,
• Given what has happened since The Queen’s advice was disregarded and her LOAN funds were illegally diverted, we can readily see, can we not, that the financial and economic advice available at the very highest level of the British system, is the best in the world.
Alcentra is to take over Rabobank’s sizeable New York-based Collateralised Loan Obligations (CLO) business, which reportedly includes four cash-flow CLOs and two Synthetic CLOs. Alcentra is also reported to be planning to take over the management of three of the BoNY Mellon Capital Markets Collateralised Loan Obligation funds.
Again reinforcing the message that the September 2008 discontinuity is to be disregarded, David Forbes-Nixon, the Chairman and Chief Executive of Alcentra, told The Financial Times that the firm intends to expand its European and US platform via acquisition, as well as ‘diversifying’ into other exotic finance sub-sectors such as ‘mezzanine debt’, junk bonds and distressed debt.
It is interesting, is it not, that this character has no problem associating his firm with junk bond paper – which is toxic par the opposite of excellence.
‘There will’, he told the paper, ‘be a small number of leading asset managers globally in subinvestment-grade credit and we aim to be one of them’.
Forbes-Nixon added that he estimates that the number of active Collateralised Debt Obligation (CDO) managers able to raise new money will shrink from some 300 entities in the United States, to around 20, and from about 60 in Europe, to no more than ten.
So at least this man recognises that there HAS been a discontinuity, even though – in standard double-minded fashion – he intends to disregard it.
What else should one expect from a manager who is taking over key operations from a corrupt enterprise such as BoNY Mellon, which stole and diverted the $6.2 trillion of LOAN funds made available primarily by The Queen pro bono publico to help the scandalously ungrateful American criminals out of the gigantic hole into which they had fallen through their own perversity?
FAILED ATTEMPT BY OBAMA TO KICK PROBLEMS INTO THE LONG GRASS
In late July, ‘President’ Obama told Fred Hiatt, of The Washington Post, that he would be willing to consider a special commission which would be tasked to consider how authorities should address the fiscal crisis for which he is specifically responsible.
Obama said that ‘everything is going to have to be on the table’. He also admitted that if the fiscal deficit crisis is not tackled, the Government ‘may have a harder time borrowing’ so that interest rates ‘could’ [sic!] start to rise (4). The Commission would report back after the 2010 election with the prospect of ‘locking in a pledge for action’.
This blatant attempt by Obama to sidestep the immediate and imminent consequences of his own catastrophic and perverse policy errors all arising from the deviant operations with which he is himself associated, was immediately supported by Mr David Walker, the President and CEO of the Peter G. Peterson Foundation – which, given that this entity is far from being an innocent and objective bystander in these matters, represents a clumsy attempt to get this trial ‘Presidential’ balloon to float. However not even the US ‘President’, let alone that instrumental think-tank, can possibly imagine that the US financial economy has the luxury of a 15-month siesta – even one aimed at enabling the criminal financiers to continue exploiting the money they have stolen and continue to steal with scandalous impunity.
As for the ongoing issue of ‘President’ Obama’s eligibility to serve as President, various legs of this edifice appear, according to our best informed sources, to be on the verge of snapping beneath the dead weight of the lies weighing down upon the cover-up – which may well make Watergate (if not Wantagate, which is much bigger than Watergate) look like a Rose Garden cocktail party.
Indeed the situation appears to be so desperate that the complicit US Senate considered it to be necessary to adopt a Resolution [S. Res. 225] on 28th July stating, by voice vote, that Obama was born in Hawaii. On Monday 27th July, the House had passed a similar nonbinding Resolution.
Now, the Editor of this service was born in London. On the basis of this US precedent, it would presumably be open to the US Congress to declare that, on the contrary, this infuriating British Editor, who keeps questioning our integrity, was in fact born in Akron Ohio, or even, perhaps, in Elkhart, Indiana. That way, they might reason, they could belatedly impose US jurisdiction on this menace to the hegemony of US financial corruption.
• PS: During the 1980s, the National Security Council (NSC) staff, then directed by Vice President George H. W. Bush Sr. [see our report dated 26th July 2009] was specifically tasked to research the scenario of large commercial jets used to fly into tall buildings. This information was divulged by the late NSC operative William Roy Atkins, who was on the staff of Ollie North.
• PPS: A building on Capitol Hill was evacuated on the afternoon of Thursday 30th July.
Notes and References:
(1): Henceforth, given the uncertainty surrounding Obama’s eligibility to serve as President of the United States and the cover-up involved, the title ‘President’ will appear in inverted commas in these reports. Recently, Robert Rubin, the Clinton-era American Treasury Secretary and Citibank-based ‘custodian’ of the Clintons’ ill-gotten gains held with ‘offshore’ accounts within Citibank, flew First Class up to New York City via US Air Shuttle from DC. On which flight, Rubin was observed to be reading The Financial Times and The Wall Street Journal.
• The article in the latter newspaper that Mr Rubin was observed to be reading most closely, was a recent item on the Obama eligibility issue.
(2): A current case in point is the steaming row that is tearing UK-US relations apart, arising from the case in the British High Court brought by several media groups – including even the British bureau of the Associated Press (AP), considered to be the de facto US State News Agency – as a consequence of which, the judges are having to review their earlier decision in 2008 reluctantly accepting the UK Government’s claim that publication of certain sensitive paragraphs detailing the alleged atrocities by the US Government in connection with the torture of Mr Binyam Mohamed, an Ethiopian who moved to Britain as a teenager, would be liable to jeopardise ongoing intelligence-sharing between Washington and London.
According to the Associated Press writer David Stringer, in an AP report filed on 29th July 2009, interrogators in Morocco sliced Mohamed’s penis with a scalpel, before he was transferred to Afghanistan and thence of Guantanámo Bay in 2004.
In reconsidering their earlier decision, the British judges noted that keeping the ‘redacted’ details secret amounted to ‘concealing evidence of serious wrongdoing by the United States’ – an open admission that this case concerns atrocious behaviour by the American barbarians concerned.
Karen Steyn, a lawyer acting on behalf of the British Government, said that Mrs Clinton, the US Secretary of State, had told her British counterpart, David Milliband, that the United States would restrict intelligence-sharing with the United Kingdom in the event of this information being made public, a state of affairs which had led the British Foreign Secretary to conclude that British lives could be endangered if the segments are allowed to be published. It was also revealed that the CIA had written to MI6 to assert that it would need to examine cooperation at the intelligence level with Britain, if judges allow the data to be made public.
In the interests of common decency, honesty, the Rule of Law, sovereignty and the very future of civilisation, the nasty details that are being withheld from the public domain should be released without further equivocation and prevarication: otherwise, not least, we and others will have a great deal to say about the ethics and priorities of the British judges in question.
(3): Erie Times-News, Friday July 2009, pages 1 and 6A.
(4): The following revealing exchange was included in the interview:
Obama: ‘Well, you know, I actually think that, sadly, decisions are going to be forced upon us.
Hiatt: By higher interest rates, or…
Obama: Yes, exactly. I mean, I think that if we don’t show that we’re serious [sic!! – Ed.] in some fashion, then I think you’re going to see a reluctance on the part of people who’ve been snapping up Treasuries to keep doing so’.
The phrase ‘show that we’re serious’ gives the game away. Such a commission wouldn’t actually be about resolving anything. Its purpose would be purely cosmetic: a P.R. exercise to SHOW that ‘we’re serious’. No substance: just illusion.
ANNEXE: ‘BANKERS ARE GETTING AWAY WITH MURDER’
The following article is appended from The Daily Telegraph dated 1st August. The newspaper has recently employed the services of a first rate observer, Jeremy Warner.
• This Op-Ed. article complements our analysis perfectly:
‘Adair Turner, the Chairman of the Financial Services Authority, has said it, and now the cross-party Treasury Committee of MPs has said it, albeit ina rather different way.
But neither has said it strongly enough.
Despite the worst banking crisis in history, costing the taxpayer £1.3 trillion in public support, bankers are behaving as if nothing of any significance has changed at all.
The easy money-making practices of the past are back, with record bonuses and retention fees, even in banks that have required massive state bailouts. The reform agenda is fast running into the sand. Worse, savers and customers are being leeched as never before to rebuild balance sheets damaged by bad lending decisions, while sovereign guarantees to prevent the banking system from collapsing are cynically being deployed to underwrite a recruitment and remuneration binge that eclipses even that of the boom.
After years of suffering at the hands of the “borrow now, pay later” culture, careful savers were promised that whatever else the banking crisis brought, at least it would drive a seminal change back to the old-fashioned values of thrift and self-reliance.
How wrong can you be. It’s hard to impossible to get a real rate of return on your cash right now. The bankers have squeezed savings rates to virtually zero, even as they jack up what they charge to borrowers. So there is nothing clever about the supercharged operating profits bankers are once more generating: they are simply widening the spread.
Policymakers are meanwhile being hijacked by City lobbyists, who are achieving even greater success in neutering and watering down some of the more radical proposals for change.
Despite an economic contraction the speed and depth of which matches that of the early 1930s, it seems increasingly probable that the structure, regulation, remuneration and culture of British banking will emerge from the wreckage largely unchallenged. While everyone else is going to hell in a haycart, the bankers are making hay….
Apologists would say that the first priority in a crisis is to get the system working once again. The recovery in banking should therefore be seen as a good thing. First into the crisis, the bankers are leading us out. There is plenty of time left to worry about how to change their ways.
Well, maybe, but unless you strike while the iron is hot, the momentum for change soon goes cold. Six months ago, bankers could hardly show their faces in public, so shamed had they been. Now they are back, writing learned articles in the Financial Times, and ploughing the conference circuit. They are all frightfully sorry about what happened, but let’s be “grown-up” and “realistic”; we don’t want to throw the baby out with the bathwater, or kill the goose that laid the golden egg.
“Wilder voices” who demand a break-up of the banks, or the separation of casino banking [sic – Ed.] from plain vanilla lending and deposit-taking, are being sidelined. Bankers are winning the policy debate. And while populist politicians rarely miss an opportunity to bash the banks, they also salivate at the prospect of this once-dynamic source of tax revenues returning to rude health.
This seems to be happening with a speed that would have been viewed as barely credible a few months back. Leading from the front is Barclays, which – with Lehman Brothers and Bear Stearns removed from the pack, and capacity elsewhere much depleted – has set its sights on becoming one of the world’s top-ranking “bulge bracket” investment banks. Nobody in the City has been more aggressive in recruiting top talent.
That’s produced a counter-reaction, with even the most damaged, state-subsidised banks being forced to pay big retention bonuses.
Investment bankers who six months ago were being compelled to contemplate a change in career and lifestyle, find their talents in high demand once more.
Barclays pleads freedom to indulge in expansionism, as it refused to take the Government’s bail-out money, preferring to recapitalise itself by flogging assets and seeking new equity from the Gulf. Yet in truth, it is underwritten by the taxpayer just as much as any other UK bank.
Everyone implicitly understands that Barclays will not will not be allowed to fail. Accordingly, this sovereign “put” is being used to further the bank’s commercial ambitions.
It might reasonably be argued that this is a good thing. France has long used state backing to build national champions. But for many it will stick in the craw to watch bankers enrich themselves at the expense of savers and taxpayers. Having socialized the losses, banks are pocketing the gains.
This contrast between Wall Street excess and Main Street misery invites the very tough regulatory backlash that the bankers have so far managed to avoid. It looks almost like a death wish – a final feeding frenzy before the political axe falls, as it inevitably will if the economy doesn’t swiftly follow the bankers into recovery. After what’s just occurred, common decency remands self-restraint. But bankers seem quite incapable of it’.
• 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 grave 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 deceive us at various stages will also be exposed for their deception.
LIST OF U.S. STATUTES, SECURITIES REGULATIONS AND LEGAL PRINCIPLES OF WHICH THE CRIMINALISTS, ASSOCIATES AND ALL THE MAIN FINANCIAL INSTITUTIONS REMAIN IN BREACH:
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:
THEFT BY DECEPTION:
• “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’.
U.S. SECURITIES REGULATIONS OF WHICH INSTITUTIONS
HAVE BEEN SHOWN TO BE IN BREACH [SEE REPORTS]:
• 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.
U.S. LAWS ROUTINELY BREACHED BY THE CRIMINAL OPERATIVES AND INSTITUTIONS:
• 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.
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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.