BIG U.S. BANKS CONFIRMED AS CRIMINAL ENTERPRISES

chrisstory

WACHOVIA WANTED TO SUE US FOR LABELLING IT A CRIMINAL ENTERPRISE

Thursday 1 July 2010 00:01

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‘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’.

‘Seeing what’s at the end of one’s nose requires constant effort’. George Orwell.

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NEW REPORT STARTS HERE:
Note: Nothing should be construed from the fact that this report is about the criminal banks engaged in drug-money laundering, and not about the usual subject. We haven’t enough reliable material to elaborate further, yet, following the end of the abortive G-20 meeting in Toronto.

The following banks and currency exchanges are mentioned in this report:

American Express Bank International
Banco Santander SA
Bank of America
Casa de Cambio Puebla SA
Citigroup, Inc.
HSBC Holdings, London and Mexico
Mexican street currency-exchange firms [3,000]
Standard Chartered PLC, London
Wachovia, including London
Wells Fargo
Western Union

WACHOVIA, WELLS FARGO, BANK OF AMERICA ARE CRIMINAL ENTERPRISES, LIKE WE SAID
Some time ago, we learned that Wachovia had consulted its lawyers to establish whether they could sue us for describing the bank, among others, as a criminal enterprise. Their lawyers are believed to have advised them, in so many words, that, not least given investigative journalistic freedom of speech considerations, our observations represented ‘fair comment’. Behind that advice lay the knowledge that since Wachovia was involved in money laundering drug money, we might well know this and be able to prove it. So the matter was dropped.

As the entire ‘Black’ Octopus criminal carousel unravels faster than the kleptocracy can keep up with events, other sources are now starting to do our exposure work for us. Late in the day, as usual: but better late than never. We therefore take the opportunity to post, verbatim, the following article by Michael Smith for Bloomberg, which of course proves our point. Wachovia, Wells Fargo and Bank of America, for starters, are egregious criminal enterprises. Money laundering of drug proceeds is an unspeakable crime and the most senior officials of these institutions should be arrested and forced to suffer SEVERE consequences. But that isn’t happening.

‘MAINSTREAM’ MEDIA CONTINUE TO IGNORE THE CENTRAL ISSUE: RAMPANT CRIMINALITY
We are sick and tired of the way the so-called ‘mainstream’ media are waffling about every nuance under the sun and OMITTING the central issue: RAMPANT CRIMINALITY and the banks’ open-ended breaches of the law, and their arrogance based on fears that they might collapse.

Securitisation is ILLEGAL in the United States and in all Common Law countries, as we have demonstrated and proved with the aid of impeccable outside academic research. Yet there has been NO RESPONSE TO OUR EXPOSURE OF THIS FLOUTING OF THE RULE OF LAW, EITHER.

The following Bloomberg report indicates that, at long last, some ‘mainstream’ reporters have managed to lift themselves off their brains and to start exposing the truth. Separately, we have been exposing drug-trafficking operations in our title The Latin American Times, and continue to do so. You may also be interested to know that before his ‘switch’, following the ‘bait’ during which he stole the Editor’s $35,000 LOAN which should have been repaid at arms’ length plus 7% per annum for two years, on 11th June 2007, Wanta told the Editor: ‘If you expose the drug traffickers, they will kill you’. We listed that threat among the 37 threats against the Editor so far received.

THE BLOOMBERG REPORT STARTS HERE:
[Note: With interpolations by the Editor].

U.S. BANKS FINANCING MEXICO DRUG GANGS ADMITTED IN WELLS FARGO DEAL
By Michael Smith

June 29 (Bloomberg) — Just before sunset on April 10, 2006, a DC-9 jet landed at the international airport in the port city of Ciudad del Carmen, 500 miles east of Mexico City. As soldiers on the ground approached the plane, the crew tried to shoo them away, saying there was a dangerous oil leak. So the troops grew suspicious and searched the jet.

They found 128 black suitcases, packed with 5.7 tons of cocaine, valued at $100 million. The stash was supposed to have been delivered from Caracas to drug traffickers in Toluca, near Mexico City, Mexican prosecutors later found. Law enforcement officials also discovered something else.

The smugglers had bought the DC-9 with laundered funds they transferred through two of the biggest banks in the U.S.: Wachovia Corp. and Bank of America Corp., Bloomberg Markets magazine reports in its August 2010 issue.

This was no isolated incident. Wachovia, it turns out, had made a habit of helping move money for Mexican drug smugglers. Wells Fargo & Co., which bought Wachovia in 2008, has admitted in court that its unit failed to monitor and report suspected money laundering by narcotics traffickers — including the cash used to buy four planes that shipped a total of 22 tons of cocaine.

The admission came in an agreement that Charlotte, North Carolina-based Wachovia struck with federal prosecutors in March, and it sheds light on the largely undocumented role of U.S. banks in contributing to the violent drug trade that has convulsed Mexico for the past four years.

BLATANT DISREGARD FOR THE RULE OF LAW AND BASIC MORALITY
Wachovia admitted it didn’t do enough to spot illicit funds in handling $378.4 billion for Mexican-currency-exchange houses from 2004 to 2007. That’s the largest violation of the Bank Secrecy Act, an anti-money-laundering law, in U.S. history — a sum equal to one-third of Mexico’s current gross domestic product.

“Wachovia’s blatant disregard for our banking laws gave international cocaine cartels a virtual carte blanche to finance their operations”, says Jeffrey Sloman, the Federal Prosecutor who handled the case.

Since 2006, more than 22,000 people have been killed in drug-related battles that have raged mostly along the 2,000-mile (3,200-kilometer) border that Mexico shares with the U.S. In the Mexican city of Ciudad Juarez, just across the border from El Paso, Texas, 700 people had been murdered this year as of mid- June. Six Juarez police officers were slaughtered by automatic weapons fire in a midday ambush in April.

Rondolfo Torre, the leading candidate for governor in the Mexican border state of Tamaulipas, was gunned down yesterday, less than a week before elections in which violence related to drug trafficking was a central issue.

45000 MEXICAN TROOPS DEPLOYED AGAINST THE CARTELS
Mexican President Felipe Calderon vowed to crush the drug cartels when he took office in December 2006, and he’s since deployed 45,000 troops to fight the cartels.

They’ve had little success.

Among the dead are police, soldiers, journalists and ordinary citizens. The United States has ‘pledged’ Mexico $1.1 billion in the past two years to aid in the fight against narcotics cartels.

[EDITOR’S INSERT: This is absurd. Under the standard double-mindedness, dialectical non-ethic that characterises the criminalist behaviour of elements of the US Government, law enforcement and the Drug Enforcement Administration battle valiantly against the proliferation of Mexican drug gangs, which now operate in every corner of the United States. Meanwhile, the drug offensive was organised and orchestrated by CIA operatives in Latin America in the 1970s and 1980s, aided by Israeli ‘Black’ intelligence headed by David Kimche (who died of brain cancer on 8th March 2010) and Michael Harari. Their involvement is proven by the Cutolo Affidavit dated 11th March 1980.

The military officer (Cutolo) was subsequently murdered, along with ‘Bo’ Baker and others because of their knowledge inter alia of this criminal activity. The barrels of precursor chemicals found in the forests fo Colombia and elsewhere did not materialse from nowhere. The ‘Anglo-Saxons’ and their nefarious Israeli cutouts took over and organised the disparate competing Latin American gangs, establishing a self-perpetuating scoourge run by peasant criminals: a perfect cut-out.

Incidentally, after David Kimche died, The Daily Telegraph boobed by publishing a photograph in which he was shown (engaged in negotiations with the Lebanese in 1972) but wrongly attributed. We have published a recent issue of Arab-Asian Affairs (which title we bought unknowingly from Kimche’s brother, Jon Kimche, in 1975). Jon Kimche used to come to our office, as he continued for a time as Editor (until he doubled his price, whereupon we fired him). We are therefore familiar with the facial characteristics of the Kimche brothers. Investigations by this service revealed that ALL picture representations of David Kimche published in The Jerusalem Post, Haaretz, The Daily Telegraph, The Times and US newspapers have been FRAUDULENT all along.

They have all identified several individuals wrongly as David Kimche and continue to do so after his death. Why? To protect ongoing and past, highly incriminating and sensitive drug operations].

In May, President Barack Obama said he’d send 1,200 National Guard troops, adding to the 17,400 agents on the U.S. side of the border to help stem drug traffic and illegal immigration.

Behind the carnage in Mexico is an industry that supplies hundreds of tons of cocaine, heroin, marijuana and methamphetamines to Americans. The cartels have built a network of dealers in 231 U.S. cities, taking in about $39 billion in sales annually, according to the Justice Department.

ITS THE CRIMINAL BANKS THAT SHOULD BE PROSECUTED AND MADE TO SUFFER
Twenty million people in the U.S. regularly use illegal drugs, spurring street crime and wrecking families. Narcotics cost the U.S. economy $215 billion a year — enough to cover health care for 30.9 million Americans — in overburdened courts, prisons and hospitals and lost productivity.

“It’s the banks laundering money for the cartels that finances the tragedy”, says Martin Woods, Director of Wachovia’s anti-money-laundering unit in London from 2006 to 2009.

• Woods says he quit the bank in disgust after executives ignored his documentation that drug dealers were funneling money through Wachovia’s branch network.

“If you don’t see the correlation between the money laundering by banks and the 22,000 people killed in Mexico, you’re missing the point”, Woods says.

WACHOVIA ONE OF MANY U.S. AND EUROPEAN BANKS HANDLING DRUG MONEY
Wachovia is just one of the U.S. and European banks that have been used for drug money laundering. For the past two decades, Latin American drug traffickers have gone to U.S. banks to cleanse their dirty cash, says Paul Campo, head of the U.S. Drug Enforcement Administration’s financial crimes unit.

Miami-based American Express Bank International paid fines in both 1994 and 2007 after admitting that it had failed to spot and report drug dealers laundering money through its accounts. Drug traffickers used accounts at Bank of America in Oklahoma City to buy three planes that carried 10 tons of cocaine, according to Mexican court filings.

Federal agents caught people who work for Mexican cartels depositing illicit funds in Bank of America accounts in Atlanta, Chicago and Brownsville, Texas, from 2002 to 2009. Mexican drug dealers used shell companies to open accounts at London-based HSBC Holdings Plc, Europe’s biggest bank by assets, an investigation by the Mexican Finance Ministry found.

CRIMINAL ENTERPRISE BANKS HIDE BEHIND RHETORIC AND CLIENT CONFIDENTIALITY
Those two banks weren’t accused of wrongdoing. Bank of America spokeswoman Shirley Norton and HSBC spokesman Roy Caple say laws bar them from discussing specific clients. They say their banks strictly follow the government rules.

“Bank of America takes its anti-money-laundering responsibilities very seriously”. Norton says. [EDITOR: Translation: This is a deliberately vacuous, meaningless and empty statement].

A Mexican judge on January 22 accused the owners of six centros cambiarios, or money changers, in Culiacan and Tijuana of laundering drug funds through their accounts at the Mexican units of Banco Santander SA, Citigroup Inc. and HSBC, according to court documents filed in the case.

The money changers are in jail while being tried. Citigroup, HSBC and Santander, which is the largest Spanish bank by assets, weren’t accused of any wrongdoing.

The three banks say Mexican law bars them from commenting on the case, adding that they each carefully enforce anti-money-laundering programs.

HSBC has stopped accepting dollar deposits in Mexico, and Citigroup no longer allows noncustomers to change dollars there. Citigroup detected suspicious activity in the Tijuana accounts, reported it to regulators and closed the accounts, spokesman Paulo Carreno says. [EDITOR: Yeah, after the event and after the temperature got too hot].

FOCUS IS ON THE CARTELS: BUT THEY CAN’T OPERATE WITHOUT CRIMINAL BANKS
On June 15, the Mexican Finance Ministry announced it would set limits for banks on cash deposits in dollars. Mexico’s drug cartels have become multinational criminal enterprises.

Some of the gangs have delved into other illegal activities such as gunrunning, kidnapping and smuggling people across the border, as well as into seemingly legitimate areas such as trucking, travel services and air cargo transport, according to the us Justice Department’s National Drug Intelligence Center.

These criminal empires have no choice but to use the global banking system to finance their businesses, Mexican Senator Felipe Gonzalez says.

“With so much cash, the only way to move this money is through the banks”, says Gonzalez, who represents a central Mexican state and chairs the senate public safety committee.

[EDITOR: In January 2009, Sr. Maria Antonio Costa, head of the Vienna-based UNDOC, told the Austrian journal Profil in an interview that the only liquidity in the interbank sector during the second half of 2008 was drug money. Actually, he meant from the discontinuity that took place on 10-12 September, after which the Editor received three gunshots on our voicemail: see passim].

Gonzalez, a member of Calderon’s National Action Party, carries a .38 revolver for protection.

“I know this won’t stop the narcos when they come through that door with machine guns”. he says, pointing to the entrance to his office. “But at least I’ll take one with me”.

NO BANK MORE CLOSELY LINKED TO MEXICAN DRUG LAUNDERING THAN WACHOVIA
No bank has been more closely connected with Mexican money laundering than Wachovia. Founded in 1879, Wachovia became the largest bank by assets in the southeastern U.S. by 1900. After the Great Depression, some savvy people in North Carolina called the bank “Walk-Over-Ya” because it had foreclosed on farms in the region.

By 2008, Wachovia was the sixth-largest American lender, and it faced $26 billion in losses from subprime mortgage loans. That cost Wachovia Chief Executive Officer Kennedy Thompson his job in June 2008.

Six months later, San Francisco-based Wells Fargo, which dates from 1852, bought Wachovia for $12.7 billion, creating the largest network of bank branches in the U.S. Thompson, who now works for private-equity firm Aquiline Capital Partners LLC in New York, declined to comment.

As Wachovia’s balance sheet was bleeding, its legal woes were mounting. In the three years leading up to Wachovia’s agreement with the Justice Department, grand juries served the bank with 6,700 subpoenas requesting information.

WACHOVIA REACTED LETHARGICALLY TO THIS GRAND JURY ONSLAUGHT
The bank didn’t react quickly enough to the prosecutors’ requests and failed to hire enough investigators, the U.S. Treasury Department said in March. After a 22-month investigation, the Justice Department on March 12 charged Wachovia with violating the Bank Secrecy Act by failing to run an effective anti-money-laundering program.

Five days later, Wells Fargo promised in a Miami federal courtroom to revamp its detection systems. Wachovia’s new owner paid $160 million in fines and penalties, less than 2 percent of its $12.3 billion profit in 2009.

If Wells Fargo keeps its pledge, the U.S. government will, according to the agreement, drop all charges against the bank in March 2011. [EDITOR: WHAT A SCANDAL].

Wells Fargo regrets that some of Wachovia’s former anti-money-laundering efforts fell short, spokeswoman Mary Eshet says. Wells Fargo has invested $42 million in the past three years to improve its anti-money-laundering program and has been working with regulators, she says.

‘AFTER THE HORSES HAVE BOLTED’ WHINING
“We have substantially increased the caliber and number of staff in our international investigations group, and we also significantly upgraded the monitoring software”, Eshet says. The agreement bars the bank from contesting or contradicting the facts in its admission.

The bank declined to answer specific questions, including how much it made by handling $378.4 billion — including $4 billion of cash-from Mexican exchange companies. [EDITOR: PROTECTED].

The 1970 Bank Secrecy Act requires banks to report all cash transactions above $10,000 to regulators and to tell the Government about other suspected money-laundering activity.

Big banks employ hundreds of investigators and spend millions of dollars on software programs to scour accounts. [EDITOR: GREAT. BUT HASN’T ADDRESSED THE BANKS’ CRIMINALITY].

No big U.S. bank — Wells Fargo included — has ever been indicted for violating the Bank Secrecy Act or any other Federal law. Instead, the Justice Department settles criminal charges by using deferred-prosecution agreements, in which a bank pays a fine and promises do it again.

BANKS PROTECTED BY FEARS THAT A BANK COLLAPSE WOULD IMPLODE THE SYSTEM
Large banks are protected from indictments by a variant of the too-big-to-fail theory.

Indicting a big bank could trigger a mad dash by investors to dump shares and cause panic in financial markets, says Jack Blum, a U.S. Senate investigator for 14 years and a consultant to international banks and brokerage firms on money laundering.

The theory is like a get-out-of-jail-free card for big banks, Blum says. [EDITOR: Jack Blum is a highly respected investigator, a man of the highest integrity and calibre].

“There’s no capacity to regulate or punish them because they’re too big to be threatened with failure”, Blum says. “They seem to be willing to do anything that improves their bottom line, until they’re caught”. [EDITOR: ACCURATE, ACCURATE, ACCURATE, ACCURATE].

Wachovia’s run-in with Federal prosecutors hasn’t troubled investors. Wells Fargo’s stock traded at $30.86 on March 24, up 1 percent in the week after the March 17 agreement was announced.

Moving money is central to the drug trade — from the cash that people tape to their bodies as they cross the U.S.-Mexican border, to the $100,000 wire transfers they send from Mexican exchange houses to big U.S. banks.

BORDER FENCE DOESN’T STOP ANYONE. A HUGE WALL IS NECESSARY
In Tijuana, 15 miles south of San Diego, Gustavo Rojas has lived for a quarter of a century in a shack in the shadow of the 10-foot-high (3-meter-high) steel border fence that separates the U.S. and Mexico there. He points to holes burrowed under the barrier.

“They go across with drugs and come back with cash,” Rojas, 75, says.

“This fence doesn’t stop anyone”.

Drug money moves back and forth across the border in an endless cycle. In the U.S., couriers take the cash from drug sales to Mexico — as much as $29 billion a year, according to U.S. Immigration and Customs Enforcement. That would be about 319 tons of $100 bills. [EDITOR: NO. $45 BILLION].

They hide it in cars and trucks to smuggle into Mexico. There, cartels pay people to deposit some of the cash into Mexican banks and branches of international banks. The narcos launder much of what’s left through money changers.

DRUG MONEY LAUNDERED THROUGH STREET MONEY TRADERS
Anyone who has been to Mexico is familiar with these street-corner money changers; Mexican regulators say there are at least 3,000 of them from Tijuana to Cancun, usually displaying large signs advertising the day’s dollar-peso exchange rate.

Mexican banks are regulated by the National Banking and Securities Commission, which has an anti-money-laundering unit; the money changers are supposedly policed by Mexico’s Tax Service Administration, which has no such unit.

By law, the money changers have to demand identification from anyone exchanging more than $500. They also have to report transactions higher than $5,000 to regulators.

The cartels get around these requirements by employing legions of individuals — including relatives, maids and gardeners — to convert small amounts of dollars into pesos or to make deposits in local banks. After that, cartels wire the money to a multinational bank.

SMALL MONEY EXCHANGES ARE CALLED SMURFS
The people making the small money exchanges are known as Smurfs, after the cartoon characters.

“They can use an army of people like Smurfs and go through $1 million before lunchtime”, says Jerry Robinette, who oversees U.S. Immigration and Customs Enforcement operations along the border in east Texas.

The U.S. Treasury has been warning banks about big Mexican- currency-exchange firms laundering drug money since 1996. By 2004, many U.S. banks had closed their accounts with these companies, which are known as casas de cambio.

Wachovia ignored warnings by regulators and police, per the deferred-prosecution agreement.

“As early as 2004, Wachovia understood the risk”, the bank admitted in court. “Despite these warnings, Wachovia remained in the business”.

One customer that Wachovia took on in 2004 was Casa de Cambio Puebla SA, a Puebla, Mexico-based currency-exchange company. Pedro Alatorre, who ran a Puebla branch in Mexico City, had created front companies for cartels, according to a pending Mexican criminal case against him.

FEDERAL INDICTMENT IN MIAMI
A Federal Grand Jury in Miami indicted Puebla, Alatorre and three other executives in February 2008 for drug trafficking and money laundering. In May 2008, the Justice Department sought extradition of the suspects, saying they used shell firms to launder $720 million through U.S. banks.

Alatorre has been in a Mexican jail for 2 1/2 years. He denies any wrongdoing, his lawyer Mauricio Moreno says. Alatorre has made no court-filed responses in the U.S.

During the period in which Wachovia admitted to moving money out of Mexico for Puebla, couriers carrying clear plastic bags stuffed with cash went to the branch Alatorre operated at the Mexico City airport, according to surveillance reports by Mexican police.

Alatorre opened accounts at HSBC on behalf of front companies, Mexican investigators found.

Puebla executives used the stolen identities of 74 people to launder money through Wachovia accounts, Mexican prosecutors say in court-filed reports.

WACHOVIA NEVER REPORTED ANY TRANSACTIONS AS SUSPICIOUS
“Wachovia handled all the transfers, and they never reported any as suspicious”, says Jose Luis Marmolejo, former head of the Mexican Attorney General’s financial crimes, now in private practice.

In November 2005 and January 2006, Wachovia transferred a total of $300,000 from Puebla to a Bank of America account in Oklahoma City, according to information in the Alatorre cases in the United States and Mexico.

Drug smugglers used the funds to buy the DC-9 through Oklahoma City aircraft broker U.S. Aircraft Titles Inc., according to financial records cited in the Mexican criminal case. U.S. Aircraft Titles President Sue White declined to comment.

On April 5, 2006, a pilot flew the plane from St. Petersburg, Florida, to Caracas to pick up the cocaine, according to the DEA. Five days later, troops seized the plane in Ciudad del Carmen and burned the drugs at a nearby army base.

WACHOVIA KNEW PERFECTLY WELL WHAT WAS GOING ON
“I am sure Wachovia knew what was going on”, says jJose Marmolejo, who oversaw the criminal investigation into Wachovia’s customers.

“It went on too long and they made too much money not to have known”.

At Wachovia’s anti-money-laundering unit in London, Woods and his colleague Jim DeFazio, in Charlotte, say they suspected that drug dealers were using the bank to move funds.

Woods, a former Scotland Yard investigator, spotted illegible signatures and other suspicious markings on traveler’s checks from Mexican exchange companies, he said in a September 2008 letter to the U.K. Financial Services Authority. He sent copies of the letter to the DEA and Treasury Department in the United States.

Woods, 45, says his bosses instructed him to keep quiet and tried to have him fired, according to his letter to the FSA. In one meeting, a bank official insisted Woods shouldn’t have filed suspicious activity reports to the Government, as both US and UK laws require.

LONDON WACHOVIA BOSSES TRIES TO SILENCE WHISTLEBLOWER WHO THEN LEFT BANK
“I was shocked by the content and outcome of the meeting, genuinely traumatized”, Woods wrote.

In the U.S., DeFazio, a Federal Bureau of Investigation agent for 21 years, says he told bank executives in 2005 that the DEA was probing the transfers through Wachovia to buy the planes.

Bank executives spurned recommendations to close suspicious accounts, DeFazio, 63, says.

“I think they looked at the money and said, ‘The hell with it. We’re going to bring it in, and look at all the money we’ll make'”, DeFazio says.

“I didn’t want anything from them”, he says. “I just wanted to get out”.

Woods, who resigned from Wachovia in May 2009, now advises banks on how to combat money laundering. He declined to discuss details of Wachovia’s actions.

U.S. Comptroller of the Currency John Dugan told Woods in a March 19 2010 letter that his efforts had helped the United States build its case against Wachovia. He wrote:

“You demonstrated great courage and integrity by speaking up when you saw problems”.

It was the Puebla investigation that led U.S. authorities to the broader probe of Wachovia. On May 16, 2007, DEA agents conducted a raid of Wachovia’s international banking offices in Miami. They had a court order to seize Puebla’s accounts.

U.S. prosecutors and investigators then scrutinized the bank’s dealings with Mexican-currency-exchange firms. That led to the March deferred-prosecution agreement.

With Puebla’s Wachovia accounts seized, Alatorre and his partners shifted their laundering scheme to HSBC, according to financial documents cited in the Mexican criminal case against Alatorre.

In the three weeks after the DEA raided Wachovia, two of Alatorre’s front companies, Grupo ETPB SA and Grupo Rahero SC, made 12 cash deposits totaling $1 million at an HSBC Mexican branch, Mexican investigators found.

DRUG MONEY NOW LAUNDERED THROUGH HSBC TO BUY ANOTHER PLANE
The funds financed a Beechcraft King Air 200 plane that police seized on December 29, 2007, in Cuernavaca, 50 miles south of Mexico City, according to information in the case against Alatorre.

For years, Federal authorities watched as the wife and daughter of Oscar Oropeza, a drug smuggler working for the Matamoros-based Gulf Cartel, deposited stacks of cash at a Bank of America branch on Boca Chica Boulevard in Brownsville, Texas, less than 3 miles from the border.

Investigator Robinette sits in his pickup truck across the street from that branch. It’s a one-story, tan stucco building next to a Kentucky Fried Chicken outlet. Robinette discusses the Oropeza case with Tom Salazar, an agent who investigated the family.

“Everybody in there knew who they were — the tellers, everyone”, Salazar says.

“The bank never came to us, though”. [EDITOR: COURSE NOT. IT’S A C.I.A. CRIMINAL ENTERPRISE]

MICRO-MONEY LAUNDERING TECHNIQUE
The Oropeza case gives a new, literal meaning to the term money laundering. Oropeza’s wife, Tina Marie, and daughter Paulina Marie, deposited stashes of $20 bills several times a day into Bank of America accounts, Salazar says. Bank employees knew the Oropezas by smelling their money.

“I asked the tellers what they were talking about, and they said the money had this sweet smell like Bounce, those sheets you throw into the dryer”, Salazar says. “They told me that when they opened the vault, the smell of Bounce just poured out”.

Oropeza, 48, was arrested 820 miles from Brownsville, Texas.. On May 31, 2007, police in Saraland, Alabama, stopped him on a traffic violation. Checking his record, they learned of the investigation in Texas. They searched the van and discovered 84 kilograms (185 pounds) of cocaine hidden under a false floor. That allowed Federal agents to freeze Oropeza’s bank accounts and search his marble-floored home in Brownsville, Robinette says.

Inside, investigators found a supply of Bounce alongside the clothes dryer.

All three Oropezas pleaded guilty in U.S. District Court in Brownsville, TX, to drug and money-laundering charges in March and April 2008. Oscar Oropeza was sentenced to 15 years in prison; his wife was ordered to serve 10 months and his daughter got 6 months.

Bank of America’s Norton says: “We not only fulfilled our regulatory obligation, but we proactively worked with law enforcement on these matters”. [EDITOR: NEFARIOUS HUMBUG].

Prosecutors have tried to halt money laundering at American Express Bank International twice. In 1994, the bank, then a subsidiary of New York-based American Express Co., pledged not to allow money laundering again after two employees were convicted in a criminal case involving drug trafficker Juan Garcia Abrego.

In 1994, the bank paid $14 million to settle. Five years later, drug money again flowed through American Express Bank. Between 1999 and 2004, the bank failed to stop clients from laundering $55 million of narcotics funds, the bank admitted in a deferred-prosecution accord in August 2007.

It paid $65 million to the United States and promised not to break the law again. The government dismissed the criminal charge a year later. American Express sold the bank to the London-based Standard Chartered PLC in February 2008 for $823 million.

WESTERN UNION TURNED A BLIND EYE TO DRUG-MONEY LAUNDERING
Banks aren’t the only financial institutions that have turned a blind eye to drug cartels in moving illicit funds. Western Union Co., the world’s largest money transfer firm, agreed to pay $94 million in February 2010 to settle civil and criminal investigations by the Arizona Attorney General’s office.

Undercover state police posing as drug dealers bribed Western Union employees to illegally transfer money, says Cameron Holmes, an assistant Attorney General.

“Their allegiance was to the smugglers”, Holmes says. “What they thought about during work was ‘How may I please my highest- spending customers the most?'”

Workers in more than 20 Western Union offices allowed the customers to use multiple names, pass fictitious identifications and smudge their fingerprints on documents, court records say.

“In all the time we did undercover operations, we never once had a bribe turned down”, says Holmes, citing court affidavits.

Western Union has made significant improvements, it complies with anti-money-laundering laws and works closely with regulators and police, spokesman Tom Fitzgerald says.

For four years, Mexican authorities have been fighting a losing battle against the cartels. The police are often two steps behind the criminals. Near the southeastern corner of Texas, in Matamoros, more than 50 combat troops surround a police station.

US officers take two suspected drug traffickers inside for questioning. Nearby, two young men wearing white T-shirts and baggy pants watch and whisper into radios. These are los halcones (the falcons), whose job is to let the cartel bosses know what the police are doing.

BILLIONS MOVED ACROSS BORDERS ROUTINELY: THERE IS NO CHANGE
While the police are outmaneuvered and outgunned, ordinary Mexicans live in fear. Rojas, the man who lives in the Tijuana slum near the border fence, recalls cowering in his home as smugglers shot it out with the police.

“The only way to survive is to stay out of the way and hope the violence, the bullets, don’t come for you,” Rojas says.

To make their criminal enterprises work, the drug cartels of Mexico need to move billions of dollars across borders. That’s how they finance the purchase of drugs, planes, weapons and safe houses, Senator Gonzalez says.

“They are multinational businesses, after all”, says Gonzalez, as he slowly loads his revolver at his desk in his Mexico City office. “And they cannot work without a bank.”

To contact the reporter on this story:
Michael Smith in Santiago, Chile, at mssmith@bloomberg.net.
Last Updated: June 29, 2010 00:00 EDT

••••••••••••••••••••••••••••••••••

THE FOLLOWING DATA HAS BEEN PUBLISHED AT THE FOOT
OF MOST OF THESE REPORTS FOR THE PAST THREE YEARS++:

• COMPILED BY U.S. SECURITIES EXPERT MICHAEL C. COTTRELL, B.A., M.S..

LIST OF U.S. STATUTES, SECURITIES REGULATIONS AND LEGAL PRINCIPLES OF WHICH THE CRIMINALISTS 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, Hauppauge:
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:

• “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.

••••••••••••••••••••••••••••••••••
NOTICES:

BEWARE OF MALICIOUS IMITATIONS: It has come to our notice that certain websites have been in the habit of copying reports from this site, attributing the reports to the Editor of this service, but at the same time INSERTING TEXT NOT WRITTEN BY THE EDITOR.

• This is a very old, malevolent US counterintelligence DIRTY TRICK.

Therefore, you should be advised that the GENUINE ORIGINAL REPORT is, by obvious definition, accessible ONLY FROM THIS WEBSITE. If you come across an article elsewhere that is attributed to the Editor of this service, you should refer to the ORIGINAL ARTICLE HERE and you should bear in mind that the illegally duplicated article may contain text that was NOT written by the Editor of this service, but which was inserted for malicious purposes by counterintelligence.

Likewise, although we haven’t yet had time to elaborate this issue, we have taken drastic steps around the world to close off the malicious piracy of our books. One technique used by several disreputable sites (in the United States, the Netherlands and Switzerland) is to copy our title(s) and (a) to display an image of the front cover WITHOUT THE ISBN DATA at the top of the cover; and (b) to DELETE THE COPYRIGHT PAGE.

In so doing, the criminal pirates proclaimed that they knew perfectly well that they were/are engaged in theft and can be prosecuted for stealing copyright.

••••••••••••••••••••••••••••••••••

• 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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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.

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DEFINITIVE ILLEGALITY OF SECURITISATION IS RECONFIRMED

cropped-chrisstory

IT IS ILLEGAL TO ASSIGN AN ASSET WITHOUT THE ASSET-OWNERS’S PRIOR WRITTEN PERMISSION. ALL ENGAGED IN THIS RACKETEERING KNOW IT.

Sunday 18 April 2010 00:01

• ANY CONTRACT ENTERED INTO FOR AN ILLEGAL PURPOSE IS NULL AND VOID

• THE TEXT OF THE S.E.C.’S COMPLAINT AGAINST GOLDMAN SACHS & CO. FILED ON 16TH APRIL 2010 IS AVAILABLE IN THE REPORT ALSO DATED 18TH APRIL. TO ACCESS THE S.E.C. COMPLAINT, PLEASE PRESS ‘BACK TO ARCHIVE’ OR THE ARCHIVE BUTTON [HOME PAGE]. THE REPORT CONTAINS A BRIEF COMMENTARY IN NOTE FORM, THE S.E.C.’S RELATED PRESS RELEASE, AND THE COMPLAINT TEXT. THIS CASE SPECIFICALLY ILLUSTRATES MANY OF THE ISSUES EXPOSED IN THE PRESENT REPORT, WITH DEVASTATING EFFECT AND IMPACT.

• Securitisation is ABSOLUTELY ILLEGAL, and all those talking heads from the City of London and Wall Street who have been treating, for example, the Goldman Sachs scandal (that we warned you about years ago) as just ‘the inevitable fall-out after a period of financial crisis’, rather than the corrupt cause of the crisis, are KNOWINGLY MISLEADING THE GENERAL PUBLIC EXACTLY LIKE GOLDMAN SACHS, CITIBANK, BANK OF AMERICA, WACHOVIA, WELLS FARGO and the other US and foreign financial enterprises engaged in this racketeering. Which the IMF CONDONES.

And before you start shouting at the screen, if you’re reading this from Wall Street or the City of London, or from within the IMF and the World Bank, why don’t you pay attention to the fact that the Notes and References, as originally published in our journal Economic Intelligence Review, run to FIVE AND A HALF PAGES. SECURITISATION IS ABSOLUTELY ILLEGAL: AND THEY KNOW IT.

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’.

‘Seeing what’s at the end of one’s nose requires constant effort’. George Orwell.

• 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.

• 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.

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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 ‘politically incorrect’ [i.e., correct] intelligence books online from this website.

• CMKM/CMKX CASE DOCUMENTS:
Press Archive for this report [29th January 2010]
Case Number CV10-00031 JVS (MLGx):
SERVICE OF CMKM.CMKX $3.87 TRILLION SUIT VS. S.E.C.
You can also access the CMKM/CMKX text at: http://viewer.zoho.com/docs/paKdda
The biggest lawsuit in world legal history: The phantom share giga-scandal.

• AS PREVIOUSLY ANNOUNCED, OUR LANDLINES REMAIN CLOSED BECAUSE OF UNLAWFUL HARASSMENT. WE CAN BE CONTACTED VIA EMAIL OR THE WEBSITE ‘CONTACT US’ FACILITY.

NEW REPORT STARTS HERE:

EDITOR’S INTRODUCTION:
That Asset-Backed Securitisation [ABS] is fraudulent has been amply demonstrated by our website reports, in this service and in successive issues of International Currency Review. In the following uncompromising analysis, Mr Michael Nwogugu CPA, who is based in Maryland, demonstrates with pinpoint technical proficiency how accurate this assessment has been – inspired for our part inter alia by the US securities and technical expertise of Michael C. Cottrell, B.A., M.S.

The author has looked at securitisation from every legal angle, and finds securitisation under US law to be absolutely illegal, with no redeeming features whatsoever.

Given this state of affairs, it would damage the integrity of the English language to observe that it is astonishing that, far from paying attention to this glaring state of affairs, US investment banks, intermediaries, organised criminal syndicates, Intelligence Power cadres, officials in high places, and their counterparties abroad, further encouraged inter alia by the railroading behaviour of the Depository Trust and Clearing Corporation (DTCC), have been proceeding to gear up for ‘business as usual’ securitisation operations as though there had been no discontinuity.

In addition to being ILLEGAL UNDER U.S. LAW, securitisation is ILLEGAL UNDER COMMON LAW. If the prior written permission of the mortgagor (or other type of asset-holder) has not been obtained in writing, and in such a manner that the party IS FULLY AWARE THAT THEY HAVE GRANTED SUCH PERMISSION, the transfer and all subsequent transactions are ILLEGAL.

• Moreover, the legal axiom that ‘the money you make from exploitaing and abusing my money is my money’ likewise applies. PLUS:

• ANY CONTRACT ENTERED INTO FOR AN ILLEGAL PURPOSE IS NULL AND VOID.

Self-evidently, this study focuses on the US legal position. But the same basic principles apply in all Common Law Countries. So far, the talking heads in the so-called ‘Mainstream’ Media’ have chosen to ignore the fact that securitisation is ILLEGAL. Reality will soon be catching up with them, just as it is at last catching up with the likes of Goldman Sachs and other ‘protected’ enterprises.

REPRODUCED FROM:
ECONOMIC INTELLIGENCE REVIEW, VOLUME 12, NUMBERS 7 & 8, FIRST QUARTER 2010: pages 4-21. World Reports Limited, 108 Horseferry Road, Westminster, London SW1P 2EF, UK.

EXECUTIVE SUMMARY [REPRODUCED FROM OUR REPORT DATED 10TH MARCH 2010]:

WHY SECURITISATION IS ILLEGAL UNDER U.S. AND COMMON LAW
Securitisation is illegal under US legislation – primarily because it is fraudulent and causes specific violations of R.I.C.O., usury, Antitrust and bankruptcy laws. And it flies in the face of public policy in numerous ways, as was expounded in extensive detail in this analysis published in our journal Economic Intelligence Review 2009Q1 with several pages of book, article and case references.

To begin with, securitisation violates US State usury legislation. Secondly, all ‘true-sale’, ‘disguised loan’ as well as ‘assignment’ securitisations are essentially tax evasion schemes, and the penalties for tax evasion in the United States are excessively severe.

Thirdly, in all ‘true-sale’, ‘disguised loan’ and ‘assignment’ securitisations, the conflict of interest inherent in the sponsor also serving as the servicer constitutes fraud and conversion. In the fourth place, in all ‘true-sale’, ‘disguised loan’ and ‘assignment’ securitisations where the Special Purpose Vehicle [SPV] is a trust, the declaration of trust is void, as it exists for an illegal purpose.

In the fifth place, off-balance sheet treatment of asset-backed securities (both for ‘true-sale’ and for assignment transactions) constitutes fraud.

Sixth, all ‘true-sale’, ‘disguised loan’ and ‘assignment’ securitisations involve blatant fraudulent conveyances. In the seventh place, securitisation usurps United States bankruptcy laws and is accordingly illegal, as well as being also demonstrably contrary to public policy.

SECURITISATION ENTAILS GROSS VIOLATIONS OF R.I.C.O. STATUTES
In ‘true-sale’, ‘disguised loan’ and ‘assignment’ securitisations, there are fraudulent transactions which serve as ‘predicate acts’ under US Federal R.I.C.O. statutes.

The specific R.I.C.O. sections are: Section 1341 (mail fraud); Section 1343 (wire fraud); Section 1344 (financial institution fraud); Section 1957 (engaging in monetary transactions improperly derived from specified unlawful activity) [‘the money you make from the illegal exploitation of my money, is my money’]; and Section 1952 (racketeering).

Furthermore, securitisation constitutes violations of American antitrust statutes through market integration, syndicate collusion, price formation, vertical foreclosure, tying, price-fixing, predatory pricing, and the rigging of allocations.

Securitisation also involves void contracts, given the lack of consideration, illusory promises, the absence of any actual bargain, the absence of mutuality – and finally illegal subject matter and the contravention of public policy.

Securitisation is riddled with Fraudulent Transfer, Fraud in the Inducement, Fraud in Fact by Deceit, Theft by Deception (Fraudulent Concealment) and Fraudulent Conveyance: see the US securities regulations routinely breached in such activity, listed at the foot of this report and of most of these reports for THE PAST THREE++ YEARS, and other laws also routinely flouted in this context.

NOTWITHSTANDING THAT IT’S ILLEGAL, U.S. AUTHORITIES
CONTINUE TO PROMOTE AND ENCOURAGE SECURITISATION
Yet notwithstanding such crystal-clear indications that securitisation is 100% ILLEGAL under US Law, as well as under Common Law generally (so that these findings are largely applicable in all Common Law countries), US authorities from the highest level downwards, financial institutions, intermediaries, Intelligence Power operatives and others are gearing up for what they doubtless hope will be intensified racketeering and trading activity with (corrupt) foreign counterparties.

This behaviour is being fine-tuned ‘as we speak’, despite the reality that the securitisation activity being planned and implemented violates innumerable US statutes in the manner we summarise above, and notwithstanding that such activity is contrary to public policy. TAnd the International Monetary Fund knows all this perfectly well, yet sits idly by, accommodating this racketeering.

Indeed, it’s as though the Rule of Law did not exist. From the highest level of the US Treasury, the White House, the US State Department and the Central Intelligence Agency and its subsidiaries such as the lethal Office of Naval Intelligence (ONI), the mindset, intention and perverse primary objective has all along been to resume Fraudulent Finance based on securitisation, as quickly and as seamlessly as possible. The IMF and World Bank are parties to thus aberrant behaviour.

SUMMARY FORENSIC ANALYSIS PROVING THE ILLEGALITY OF SECURITISATION
From whichever angle securitisation is considered, it is ILLEGAL. For example, the contracts are themselves VOID. This is because the process of securitisation involves several contracts that are either signed simultaneously, or within a short timeframe – many of which are rendered void inter alia because there is no consideration in contracts used in effecting the securitisations.

Many such contracts involve unilateral executory undertakings containing illusory promises. A unilateral executory promise is not a consideration. Such promises typically include a promise made by the Special Purpose Vehicle to pay out periodic interest, whether contingent or non-contingent on whether the collateral pays cash interest.

Collateral-substitution agreements contain a promise whereby the sponsor agrees to substitute impaired collateral. An assignment agreement of future (not yet existing) collateral may well be deemed a unilateral executory promise by the sponsor.

Illusory promises are not valid consideration for a contract. Such promises may be found in the Subscription/Purchase Agreement, whereby an existing asset is being exchanged for a future asset that does not exist as of the date of the subscription/purchase agreement. To make matters worse, none of the agreements typically signed by the investor as part of his/her purchase of the Special Purpose Vehicle’s Asset-Backed Securities expressly incorporates the (typically illusory) promises embodied in the offering prospectus.

OR: The Special Purpose Vehicle’s promise to pay interest and/or dividends on Asset-Backed Securities ‘Interest-Onlys’, Preferreds and ‘Pincipal-Onlys’ are essentially illusory promises because the underlying collateral may not produce any cash flows at all: so there won’t be any interest/dividend payments.

Moreover the lack of mutuality characterising such contracts renders them null and void, by definition. In any such contract, each party must have firm control of the subject matter of the contract and the underlying assets (consideration), and there MUST be a direct contractual relationship between the parties concerned.

But this is not the case, especially as the Special Purpose Vehicle’s corporate documents (trust indentures or bylaws or articles of incorporation) may typically limit the right of each Asset-Backed Security investor; while there is typically no mutuality at all between the Special Purpose Vehicle and the sponsor/originator, because both entities are essentially the same, and are controlled by the sponsor before and after the securitisation takes place.

SECURITISATION: A COVER FOR TAX EVASION
In addition to their multiple violations of American State usury laws, all ‘true-sale’, ‘disguised loan’ and ‘assignment securitisations’ are essentially tax evasion arrangements. In the United States, the applicable tax evasion statute is the US Internal Revenue Code Section 7201 7 which reads: “Any person who willfully attempts in any manner to evade or defeat any tax imposed by this title or the payment thereof shall, in addition to other penalties provided by law, be guilty of a felony and, upon conviction thereof, shall be fined not more than $100,000 ($500,000 in the case of a corporation), or imprisoned not more than 5 years, or both, together with the costs of prosecution”.

Under this statute and related case law, prosecutors
must prove three elements beyond any reasonable doubt:

(1): The actus reus (the guilty conduct) – which consists of an affirmative act (not merely an omission or failure to act) that constitutes evasion or an attempt to evade either: (a) the assessment of a tax or (b) the payment of a tax.

(2): The mens rea or “mental” element of willfulness – the specific intent to violate an actually known legal duty. In the case of ‘true sale’ transactions, the tax evasion occurs because:

(a): The sponsor determines the price at which the collateral is transferred to the SPV, and hence, can arbitrarily lower/increase the price to avoid capital gains taxes – it being assumed here that the sponsor is a profit-maximising entity and will always act to minimise its tax liability and to avoid any tax assessment;

(b): The sponsor typically retains a ‘residual’ interest in the SPV in the form of IOs, POs and “junior pieces”, which are typically taxed differently and on a different tax-basis compared with the original collateral: hence, the sponsor can lower the price of the collateral upon transfer to the SPV, and convert what would have been capital gains, into a non-taxable basis in the SPV “residual”;

(c): There is typically the requisite “intent” by the sponsor – evidenced by the arrangement of the transaction and the transfer of assets to the Special Purpose Vehicle;

(d): Before securitisation, collateral is typically reported in the sponsors’ financial statements at book value (that is, lower-of-cost-or-market: under both the US and the international accounting standards, loans and accounts receivable are typically not re-valued to market-value unless there has been some major impairment in value) which does not reflect true Market Values, and results in effective tax evasion on transfer of the collateral to the SPV, as any unrealised gain is not taxed;

(e): The actus reus is manifested by the execution of the securitisation transaction and transfer of assets to the Special Purpose Vehicle (SPV);

(f): The mens rea or specific intent is manifested by the elaborate arrangements implicit in securitisation transactions, the method of determination of the price of the collateral to be transferred to the SPV, the aims of securitisation, and the sponsor’s transfer of assets to the SPV;

(g): The unpaid tax liability consists of foregone tax on the capital gains from the collateral (the transaction is structured to avoid recognition of capital gains), and tax on any income from the collateral which is ‘converted’ into basis or other non-taxable forms;

(h): Income (from the collateral) that would have been taxable in the sponsor’s own financial statements, is converted to a non-taxable basis in the form of the SPV’s Interest-Only (IO) and Principal-Only (PO) securities: part of the Interest-Spread (the difference between the SPV’s income and what it pays as interest and operating costs) is paid out to PO-holders, and this transforms interest into return-of-capital or just capital repayment, with no tax consequences.

In cases of ‘disguised loan’ or ‘assignment’ securitisation transactions, tax evasion occurs:

(a): Because the sponsor determines the price at which the collateral is transferred to the SPV, and hence can lower/increase the price of the collateral to avoid capital gains taxes;

(b): Because the sponsor typically retains a ‘residual’ interest in the SPV which is normally taxed differently and on a different tax-basis compared to the original collateral: hence, the sponsor can lower the price upon transfer to the SPV, and convert what would have been capital gains, to a non-taxable basis for tax purposes;

(c): Because the transfer of collateral to the SPV and the creation of Interest-Only and Principal-Only securities converts what would have been taxable capital gains into non-taxable basis;

(d): Because gain in the value of the collateral is not recognised for tax purposes, because there has not been any ‘sale’;

(e): Where the Asset-Backed Security (ABS) is partly amortising, any capital gains are converted into interest payments;

(f): Because actus reus is manifested by the execution of the securitisation transaction and transfer of assets to the SPV;

(g): Because the mens rea or specific intent is manifested by the elaborate arrangements implicit in securitisation transactions, the objectives of securitisation and the sponsor’s transfer of assets to the Special Purpose Vehicle;

(h): Because the unpaid tax liability consists of tax on the capital gains from the transfer of the collateral (the transaction is structured to avoid recognition of a sale, whereas the transfer to the Special Purpose Vehicle is effectively a sale), and tax on any income from the collateral which is ‘converted’ into basis or other non-taxable forms, by securitisation.

SECURITISATION VIOLATES THE U.S BANKRUPTCY CODE
AND THEREFORE ALSO CONTRAVENES PUBLIC POLICY
Any transfer or conveyance of the assets of a debtor that is deemed to be made for the purposes of hindering, delaying or defrauding actual or potential creditors, may be determined by Courts to be a Fraudulent Conveyance under Section 548 of the US Bankruptcy Code or under a relevant theory of Constructive Fraud.

Although each US State has its own laws regarding the appropriate elements of proof of Constructive Fraud, Section 548(a)(2) of the US Bankruptcy Code permits an inference of Constructive Fraud if the following factors exist:

(1): The debtor received less than reasonably equivalent value for the property transferred; and:

(2): The debtor was insolvent or became insolvent as a result of the transfer, or else retained unreasonably small capital after the transfer, or made the transfer with the intent or belief that it would incur debts beyond its ability to pay.

The following theories of Fraudulent Conveyance within the context of securitisation may apply:

• Where the sponsor/originator receives insufficient value for assets transferred.

• Where there is an ‘intent to hinder, delay or defraud’ creditors (representing an implicit pre-petition waiver of one’s right to file for bankruptcy), with regard to the originator’s transfer of assets to the SPV, or the originator’s transfer of assets to the SPV has clearly not been undertaken on an arms’-length basis.

• Where securitisation increases the originator’s bankruptcy risk; and:

• In all instances where securitisation usurps the United States’ bankruptcy laws and is therefore illegal on such a basis alone.

SECURITISATION VIOLATES FEDERAL R.I.C.O. STATUTES
Turning now to the reality that securitisation constitutes a violation of US Federal R.I.C.O. Statutes [see Legal Notes below], we can state without equivocation that the entire securitisation process constitutes violations of Federal R.I.C.O. statutes, because:

(1): There is the requisite criminal or civil ‘enterprise’ – consisting of the sponsor/issuer, the trustees and the intermediary bank. These three parties work closely together to effect the securitisation transaction.

(2): There are ‘predicate acts’ of:

(a): Mail fraud – using the mails for sending out materials among themselves and to investors.

(b): Wire fraud – using wires to engage in fraud by communicating with investors.

(c): Conversion – where there isn’t proper title to collateral.

(d): Deceit: misrepresentation of issues and facts pertaining to the securitisation transaction.

(e): Securities fraud: disclosure issues.

(f): It entails loss of profit opportunity.

(g): It involves the making of false statements and or misleading representations
about the value of the collateral.

(h): It entails stripping the originator/issuer of the ability to pay debt claims or judgment claims in bankruptcy court – a state of affairs that may apply where the sponsor is financially distressed and the cash proceeds of the transaction are significantly less than the value of the collateral.

There is also typically the requisite ‘intent’ by members of the enterprise – evident in knowledge (actual and inferable), acts, omissions, purpose (actual and inferable) and results. Intent can be reasonably inferred from:

(a): The existence of a sponsor that seeks to raise capital – and cannot raise capital on better terms by other means;

(b): The participation of an investment bank that has very strong incentives to consummate the transaction on any agreeable (but not necessarily reasonable) terms.

SECURITISATION ALSO VIOLATES U.S. ANTITRUST LEGISLATION
Securitisation further constitutes violations of US Antitrust laws, because the American Asset-Backed Securities and Mortgage-Backed Securities markets are dominated by relatively few large entities such as FNMA (Fannie Mae), Freddie Mac, the top five investment banks (all of which have conduit programs), and the top five credit card issuers (MBNA, AMEX, Citigroup, etc.), etc.. As a consequence, the top five ABS/MBS issuers control more than 50% of the US ABS/MBS market.

• This constitutes illegal market concentration under US Antitrust legislation.

THE ‘PHILIPPINES EXCEPTION’ BURIED IN THE CLAYTON ACT
In the Antitrust context, however, observe the following text from the Clayton Act, which specifically EXCLUDES transactions undertaken with The Philippines. Isn’t that interesting?

It provides a blanket rationale for the massive past and ongoing US clandestine focus on The Philippines, the CIA’s need for ‘black hole’ conditions there in connection with successive US operations to relieve Presidents Marcos and Aquino of the stolen and hidden ‘Yamashita’s gold’, the US Fraudulent Finance operations using Philippine institutions and related operations based in that territory, an aborted US operation to convert The Philippines into a new US State (as had been planned under Clinton for Somalia), and the frequent visits of operatives known to ourselves to The Philippines under cover of attending to ‘orphanages’:

§ 1 Clayton Act, 15 U.S.C. § 12 Definitions; short title:
(a) “Antitrust laws”, as used herein, includes the Act entitled:
‘An Act to protect trade and commerce against unlawful restraints and monopolies’, approved July second, eighteen hundred and ninety; sections seventy-three to seventy-seven, inclusive, of an Act entitled ‘An Act to reduce taxation, to provide revenue for the Government, and for other purposes’, of August 27th, eighteen hundred and ninety-four; an Act entitled ‘An Act to amend sections seventy-three and seventy-six of the Act of August twenty-seventh, eighteen hundred and ninetyfour’, entitled ‘An Act to reduce taxation, to provide revenue for the Government, and for other purposes’, approved February twelfth, nineteen hundred and thirteen; and also this Act.

‘Commerce’, as used herein, means trade or commerce among the several States and with foreign nations, or between the District of Columbia or any Territory of the United States and any State, Territory, or foreign nation, or between any insular possessions or other places that are under the jurisdiction of the United States, or between any such possession or place and any US State or Territory of the United States or the District of Columbia or any foreign nation, or within the District of Columbia or any Territory or any insular possession or other place under the jurisdiction of the United States:

Provided, That nothing in this Act contained shall apply to the Philippine Islands. The word ‘person’ or ‘persons’ wherever used in this Act shall be deemed to include corporations and associations existing under or authorized by the laws of either the United States, the laws of any of the Territories, the laws of any State, or the laws of any foreign country.

FANNIE MAE, FREDDIE MAC ENGAGED IN FURTHER ILLEGAL SECURITISATION:
RE-SECURITISING ALREADY SECURITISED ‘DUD’ ASSETS TO DUMP BACK ON THE BANKS
Even so, it became apparent in early March that Fannie Mae and Freddie Mac, both controlled by the US Government, were planning to force financial enterprises such as the CIA’s Bank of America Corporation, JP Morgan Chase & Co, Wells Fargo and Citigroup, Inc., to buy back further waves of newly securitised packages of mortgages – i.e., the former Government-Sponsored Enterprises are reportedly engaged again in repackaging mortgage securities already marked down to ‘true’ value.

In other words, they are trying to dump faulty securitised loans, as well as straight loans, back on the participating banks – under cover of such fantasies as the double-minded statement attributed to Sharon McHale, spokes‘person’ for Freddie Mac, located adjacent to the CIA in McLean, Virginia, on 5th March 2010: ‘We are trying to be good stewards of taxpayer dollars and as part of that, it’s important that those dollars not go to loans that should not have been sold to us in the first place’ – throwing the blame for Freddie Mac’s own scandalous racketeering behaviour back at the banks.

• Being interpreted, what this woman was saying was: this:

‘We are covering ourselves with a mantle of rectitude by posing as protectors of the taxpayer’s dollars in order to obfuscate our own ongoing racketeering behaviour, even as we prepare further Fraudulent Finance securitisations in violation of the relevant US legislation: and we couldn’t care less because we are owned by the Government itself, which is up to its neck in such violations’.

And Paul Miller, a former examiner for the Federal Reserve (hardly a guarantee of integrity, given the Fed’s own reputation for Fraudulent Finance), based in Arlington, VA, let the cat out of the bag with: ‘If you want to originate mortgages and keep that pipeline running, you have to deal with the push-backs. It doesn’t matter how much you hate Fannie and Freddie’ – and neither, apparently, does it matter to what extent the Rule of Law is cynically violated ‘in order to keep the pipeline (of Fraudulent Finance) running’. It doesn’t matter that securitisation is a form of racketeering.

GARY GENSLER IS NOT AS OPPOSED TO FRAUDULENT FINANCE AS HE SEEMS
The appointment of Gary Gensler as Chairman of the Commodity Futures Trading Commission under President Obama was greeted with signs of relief on Wall Street. Here was a hardened former Goldman Sachs trader with 18 years’ experience with that cynical, ruthless money shop, who could be relied upon to act at all times in the interests of Wall Street, not the investor and taxpayer.

But, as has since been reported elsewhere, over a private lunch at the Waldorf Astoria in midtown Manhattan on 6th January 2010, the 52-year-old Gary Gensler caused indigestion among the self-satisfied guests at the luncheon – Timothy O’Hara, head of global credit at Crédit Suisse Holdings USA, Inc.; Robert P. Kelly, CEO at Bank of New York Mellon Corporation; David B. Heller, co-head of the securities division at Goldman Sachs; and Seth Waugh, CEO of Deutsche Bank Americas.

Because when one banker asked Gensler what or whom he saw as the biggest obstacles to reform in the securities and commodities sectors, he replied: ‘You’.

Mr Gensler has been seeking derivatives control legislation that goes beyond current proposals, including what President Obama put forward during the summer of 2009. Notwithstanding the fact that if the derivatives situation is not addressed, the forthcoming crash will be so horrific as to be likely to tip the world into open, rather than covert, warfare, a certain Dr Samuel Hayes, Professor Emeritus of Investment Banking at Harvard Business School, Boston, told Bloomberg in February 2010 that ‘Gensler is going to raise real concerns’ for financial firms.

‘Derivatives are absolutely central to what is Wall Street in the 21st century’ – namely, a casino. ‘Nobody wants the regulations to affect them’.

‘GREATER TRANSPARENCY’ IS EVIDENTLY ALL HE‘S AFTER
On closer examination, Mr Gensler has actually been pushing for ‘more transparency’ in the over-the-counter derivatives market, so as to lower spreads between buyers and sellers and to make it easier for new competitors to enter the market – which the big banks aren’t keen on, as more participants will deprive them of profit.

So, Gary Gensler is not actually in the business of tackling the underlying crisis arising from the determination of financial institutions to continue playing Russian roulette, using the model first developed by the US Intelligence Power as it sought what it thought were foolproof methods of ensuring its financial independence from Congress and the open-ended funding pipelines that it considered appropriate to buttress its usurped status as a recalcitrant ‘State within the State’ impervious to reform and determined to brook no interference with its stolen hegemony.

INVESTORS’ MONEY USED TO REMUNERATE WALL STREET
In any case, the derivatives institutions and their back-up infrastructure have not the slightest intention of adopting any course other than ’business as usual‘ – and on a far larger scale than in the past. This obtuse madness WILL lead to a global collapse, as derivatives products are usually without real value. As a noted article in The New York Times of 7th February 2010 at last stated, investment banks trading derivatives do not own the mortgage bonds, the obligations from home owners, notes signed by home owners or the mortgage deeds of the deeds of trust.

The ‘structured products’, consisting of bundled documents ostensibly relating to the above but having NO RECOURSE to underlying real value, were, however, invested with ‘value’ arising from the name of the institution marketing the ‘asset’ – that is to say, arbitrary ‘value’ arising from the fact that, as a Goldman Sachs compliance officer actually admitted to the Editor of this service: ‘A structured product is worth what someone is prepared to pay for it’ – a penetrating statement which encapsulates the possibility that it may be (is) worthless: which is indeed the case.

‘THE MONEY YOU MAKE BY MISUSING MY MONEY IS MY MONEY’ – I.E., THE HOME OWNER’S
The money sloshing around between investment banks in this dirty market was investors’ money unwittingly advanced into pools of capital which winds up being used primarily to finance the fees, profits, insurance proceeds, insurance premia, and so forth – all for the benefit of Wall Street, paid to the investment banks, and not to investors who stumped up the money in the first place.

These fees and relationships are not and have never been disclosed to the home owner despite, in the United States, clear legislation requiring such transparency, including the Truth in Lending Act, and Deceptive Lending – which require full transparency and disclosure.

• Further legislation applicable to the securities sector in the United States is re-listed below – in the list that we have republished at the foot of our website reports for the past three years.

• The list of applicable securities regulations and laws is augmented by a legal tutorial which, again, we have published for the past three years at the foot of these reports,

It would appear that, notwithstanding such reminders, Wall Street and its compliant infrastructure, as well as its co-conspiring portfolio of dubious foreign trading counterparty institutions, has every intention of continuing to violate the relevant US rules and legislation – while at the same time continuing to abuse, in the mortgage sector, the home owner with the same cynicism as in the past.

Given the legal principle that ‘the money you make from misusing my money is my money’, it is quite clear that undisclosed fees, profits, kickbacks and other financial abuses perpetrated by these big speculative financial entities which produce no real wealth at all, but simply move money around between themselves, are payable to the home owner who signed the ‘loan’ papers in the first place.

THE ILLEGALITY OF SECURITIZATION
A legal analysis by MICHAEL NWOGUGU,
Certified Public Accountant (Maryland, USA); B.Arch.
(City College of New York). MBA (Columbia University).
Attended Suffolk Law School (Boston, USA).

Abstract:
Under US laws, securitization is illegal, primarily because it is fraudulent and causes very specific violations of R.I.C.O., usury, and antitrust laws. Securitization of many types of assets (loans, credit cards, auto receivables, intellectual property, etc.) has become and remains prevalent, particularly for financially distressed companies and companies with low or mid-tier credit ratings. This analysis focuses on securitization as it pertains to asset-backed securities and mortgage-backed securities, and analyzes critical legal and corporate governance issues.

Editor’s Note: This analysis does not elaborate that the illegal securitization model was developed and hijacked by the criminalised Intelligence Power, which is our contribution to the issue; but that is the sum of the matter, to be kept in mind at all times.

Keywords:
Securitization; antitrust; R.I.C.O.; constitutional law; capital markets; complexity; fraud.
[Some American English spelling has been retained].

Main abbreviations:
ABS = Asset-Backed Securities; SPV = Special Purpose Vehicle.

EDITOR’S INTRODUCTION
Under US legislation, securitization is illegal. Indeed many authors have illustrated the deficiencies in securitization (1). This analysis focuses on securitization as it pertains to asset-backed securities and mortgage-backed securities (2), (3).

The existing literature on legal and corporate governance issues pertaining to securitization is extensive, but has several gaps that have not been addressed at all or sufficiently:

• Whether securitization is legal.
• Whether securitization causes usury.
• The standards for usurious loans/forbearance.
• The specific components of cost-of-capital, for purposes of assessing usury violations.
• Antitrust liability in securitization transactions.
• Federal/State R.I.C.O. liability in securitization transactions.
• The constitutionality of securitization transactions.
• The validity of contracts used in effecting securitization transactions.
• Whether securitization usurps the purposes of the US Bankruptcy Code.

This analysis seeks to fill these significant gaps in the literature [and to answer questions vexing the US and international financial markets, for the definitive elimination of doubt – in support of our long-standing demonstration that securitization and the creation and marketing of ‘structured products’ represents serious fraud – Ed.].

Although the following analysis is supported with US case law, the principles derived are applicable to securitization transactions in both common-law countries and civil-law countries – which means that they are applicable in, for instance, the United Kingdom. In analyzing the legality of securitization, the following criteria are relevant:

• Origins and history of securitization – legislative history, evolution of securitization processes, and current practices. Carlson (1998), Janger (2002) and Lupica (2000) (4) trace the known history of US securitization to direct and specific efforts/collaborations to avoid the impact of US bankruptcy laws. Klee & Butler and other authors have traced the history of securitization to attempts to handle the problem of non-performing debt.

• Types of contracts used in securitization:

The primary criteria for enforceability.

• Purposes, wording and scope of applicable laws – state contract laws, State trusts laws, US Bankruptcy Code, and State/Federal securities laws. The legislative intent of the US Congress in drafting and revising the US Bankruptcy Code.

• How the applicable laws are applied in securitization processes – by market participants, regulators and lawyers that represent investors.

•The people, markets, and entities and organizations affected by securitization.

• The usefulness of existing (if any), possible and proposed (if any) deterrence measures designed to reduce fraud/crime/misconduct [such as has been extensively reported by this service, and in International Currency Review – Ed.].

• Transaction costs.

• The results and consequences of the application (or non-application) of relevant laws.

A: SECURITIZATION VIOLATES STATE USURY LAWS
Securitization violates State usury laws, because the resulting effective interest rate typically exceeds legally allowable rates (set by State usury laws) (5). There is substantial disagreement (conflicts in case-law holdings) among various US court jurisdictions, and also within some judicial jurisdictions, about some issues; and these conflicts have not been resolved by the US Supreme Court 6. On these issues, even the cases for which the US Supreme Court denied certiorari, vary substantially in their holdings. The pertinent issues are as follows:

1: What constitutes usury.
2: What costs should be included when calculating the effective cost-of-funds.
3. What types of forbearance qualify for applicability of usury laws.
4: Conditions for pre-emption of state usury laws. Where the securitization is deemed an assignment of collateral, the effective cost-of-funds for the securitization transaction is not the advertised interest cost (investor’s coupon rate) of the ABS securities, but rather the sum of the following elements:

• The greater of the sponsor’s/originator’s annual cost-of-equity (in percentages) or the percentage annual cash yield from the collateral (in a situation where the SPV’s corporate documents expressly state that the Excess Spread should be paid to the sponsor, the Excess Spread should be subtracted from the resulting percentage). The Excess Spread is defined as the Gross Cash Yield From The Collateral, minus the interest paid to investors, minus the Servicing Expense (paid to the servicer), minus Charge-offs (impaired collateral).

• The Amortized Value Difference:
The difference prevailing between the Market Value of the collateral, and the amount raised from the ABS offering (before bankers’ fees), which is then amortized over the average life of the ABS bonds (at a discount rate equal to the US Treasury Bond rate of same maturity) and then expressed as percentage of the market value of the collateral. This difference can range from 10-30% of the Market Value of the collateral, and is highest where there is a senior/junior structure, and the junior/first-loss piece serves only as credit enhancement.

• Amortized Total Periodic Transaction Cost:
The Pre-offering Transaction Costs are amortized over the average life of the ABS, a rate equal to the interest rate on an equivalent-term US Treasury bond. The Periodic Transaction Costs are then added to the Amortized Pre-offering Transaction Costs to obtain Total Periodic Transaction Cost which is expressed as a percentage of the value of the pledged collateral.

The Pre-offering Transaction Costs include external costs (underwriters’ commissions/fees, filing fees, administrative costs (escrow, transfer agent, etc.), marketing costs, accountant’s fees, legal fees, etc.) and internal costs incurred solely because of the securitization transaction (namely, costs incurred internally by the sponsor/originator, viz. direct administrative costs, printing, etc.). Periodic Transaction Costs = admin. costs, servicing fees, charge-off expenses, escrow costs.

• Foregone Capital Appreciation:
The foregone average annual appreciation/depreciation of the value of the collateral minus the interest rate on demand deposits, with the difference expressed as a percentage of the Market Value of the collateral.

The sum of these four elements is typically greater than state-law usury benchmark rates.

Where the securitization is deemed a ‘true-sale’, there is an implicit financing cost which is typically usurious, because it is equal to the sum of the following:

• Base Cost of Capital:
The greater of the sponsor’s or originator’s annual weighted-average-cost-of-capital, or the annual percentage yield from the collateral.

• The Amortized Total Periodic Transaction Cost:
The Pre-Securitization Transaction Costs paid by the sponsor or originator and directly attributable to the offering is amortized over the life of the ABS, at a rate equivalent to the interest rate on an equivalent-term US Treasury bond, and the result (the Amortized Pre-Securitization Costs) is then added to the Periodic Transaction Costs for only one period in order to obtain the Total Periodic Transaction Cost, which is then expressed as a percentage of the market value of the collateral. This is the Amortized Total Periodic Transaction Cost.

The Pre-Securitization Transaction Costs include external costs (underwriters’ commissions/fees, filing fees, administrative costs (escrow, transfer agent, etc.), marketing costs, accountant’s fees, legal fees, etc.) and internal costs incurred solely because of the securitization transaction (viz. costs incurred internally by the sponsor/originator, namely direct administrative costs, printing). Periodic Transaction Costs = admin. costs, servicing fees, charge-off expenses, escrow costs.

• The Value Difference:
This is the difference between the Market Value of the collateral, and the amount raised from the ABS offering (before bankers’ fees), is amortized over the average life of the ABS bonds and the result is then expressed as percentage of the Market Value of the collateral.

• This difference can range from 10 to 30%, and is highest where the senior/junior structure is used and the junior piece serves only as credit enhancement.

• Amortized Unrealized Losses:
Any unrealized loss in the carrying amount of the collateral, is amortized over the estimated average life of the ABS, and the result for one period is expressed as a percentage of the book value of the collateral. Most Asset-Backed Securities collateral data are recorded in financial statements at the lower-of-cost-or-market.

• Foregone Capital Appreciation:
foregone average annual appreciation/depreciation of the value of the collateral minus the interest rate on demand deposits, with the difference expressed as a percentage of the Market Value of the collateral. The sum of these elements is typically greater than state-law usury benchmark rates.

B: ALL ‘TRUE-SALE’, DISGUISED LOAN’ AND ‘ASSIGNMENT
SECURITIZATIONS ARE ESSENTIALLY TAX-EVASION SCHEMES
In the United States, the applicable tax evasion statute is the US Internal Revenue Code Section 7201 7 which reads as follows: “…….Any person who willfully attempts in any manner to evade or defeat any tax imposed by this title or the payment thereof shall, in addition to other penalties provided by law, be guilty of a felony and, upon conviction thereof, shall be fined not more than $100,000 ($500,000 in the case of a corporation), or imprisoned not more than 5 years, or both, together with the costs of prosecution………”.

Under this statute and related case law, prosecutors
must prove three elements beyond a reasonable doubt:

(1): The actus reus (the guilty conduct) – which consists of an affirmative act (and not merely an omission or failure to act) that constitutes evasion or an attempt to evade either: (a) the assessment of a tax or (b) the payment of a tax.

(2): The mens rea or “mental” element of willfulness –
the specific intent to violate an actually known legal duty.

In the case of ‘true sale’ transactions, the tax evasion (8) occurs because:

(a): The sponsor determines the price at which the collateral is transferred to the Special Purpose Vehicle and hence, can arbitrarily lower/increase the price to avoid capital gains taxes – it being assumed here that the sponsor is a profit-maximizing entity and will always act to minimize its tax liability and to avoid any tax assessment;

(b): The sponsor typically retains a ‘residual’ interest in the SPV in the form of IOs, POs and “junior pieces”, which are typically taxed differently and on a different tax-basis compared with the original collateral: hence, the sponsor can lower the price of the collateral upon transfer to the SPV, and convert what would have been capital gains, into a non-taxable basis in the SPV “residual”;

(c): There is typically the requisite “intent” by the sponsor – evidenced by the arrangement of the transaction and the transfer of assets to the Special Purpose Vehicle;

(d): Before securitization, collateral is typically reported in the sponsors’ financial statements at book value (lower-of-cost-or-market: under both American and international accounting standards, loans and accounts receivable are typically not re-valued to market-value unless there has been some major impairment in value) which does not reflect true Market Values, and results in effective tax evasion upon transfer of the collateral to the SPV because any unrealized gain is not taxed;

(e): The actus reus is manifested by the execution of the securitization transaction and transfer of assets to the Special Purpose Vehicle;

(f): The mens rea or specific intent is manifested by the elaborate arrangements implicit in securitization transactions, the method of determination of the price of the collateral to be transferred to the Special Purpose Vehicle, the objectives of securitization, and the sponsor’s transfer of assets to the Special Purpose Vehicle;

(g): The unpaid tax liability consists of foregone tax on the capital gains from the collateral (the transaction is structured to avoid recognition of capital gains), and tax on any income from the collateral which is ‘converted’ into basis or other non-taxable forms;

(h): Income (from the collateral) that would have been taxable in the sponsor’s financial statements, is converted into non-taxable basis in the form of the SPV’s Interest-Only (IO) and Principal-Only (PO) securities: part of the Interest-Spread (the difference between the SPV’s income and what it pays as interest and operating costs) is paid out to PO-holders, and this transforms interest into return-of-capital or just capital repayment, with no tax consequences.

In the case of ‘disguised loan’ or ‘assignment’ securitization transactions,
the tax evasion occurs because:

(a): The sponsor determines the price at which the collateral is transferred to the SPV, and hence can lower/increase the price of the collateral to avoid capital gains taxes;

(b): The sponsor typically retains a ‘residual’ interest in the SPV which is typically taxed differently and on a different tax-basis compared to the original collateral: hence, the sponsor can lower the price upon transfer to the SPV, and convert what would have been capital gains, into non-taxable basis for tax purposes;

(c): The transfer of collateral to the SPV and the creation of interest-only and principal-only securities essentially converts what would have been taxable capital gains into non-taxable basis;

(d): Any gain in the value of the collateral is not recognized for tax purposes, because there has not been any ‘sale’;

(e): Where the ABS is partly amortizing, any capital gains are converted into interest payments;
(f): The actus reus is manifested by the execution of the securitization transaction and transfer of assets to the Special Purpose Vehicle;

(g): The mens rea or specific intent is manifested by the elaborate arrangements implicit in securitization transactions, the objectives of securitization and the sponsor’s transfer of assets to the Special Purpose Vehicle;

(h): The unpaid tax liability consists of tax on the capital gains from the transfer of the collateral (the transaction is structured to avoid recognition of a sale, whereas the transfer to the Special Purpose Vehicle is effectively a sale), and tax liability on any income from the collateral which is ‘converted’ into basis or other non-taxable forms (Interest-Onlys and Principal-Onlys), by securitization.

C – 1: IN ALL ‘TRUE-SALE’, ‘DISGUISED LOAN’ AND ‘ASSIGNMENT’ SECURITIZATIONS, THE
CONFLICT OF INTEREST INHERENT IN THE SPONSOR ALSO SERVING AS THE SERVICER,
CONSTITUTES FRAUD AND CONVERSION: SEE OUR STANDARD LEGAL NOTES BELOW.
In most securitization transactions, the sponsor eventually serves as the servicer of the Special Purpose Vehicle asset pool.

As servicer, the sponsor: (a) determines when there has been impairment of collateral; (b) selects collateral for replacement; and (c) monitors collateral performance.

To prove fraud, prosecutors must prove several elements beyond a reasonable doubt:

(1): The actus reus (the guilty conduct) – which consists of an affirmative act (and not merely an omission or failure to act) of misrepresentation of material facts. In securitizations, the sponsor typically makes material misrepresentations:

(a) The sponsor/servicer selects the assets to be transferred to the SPV, and the terms of the offering Prospectus typically misrepresent the level of objectivity and fairness of the servicer/sponsor;

(b) The sponsor/servicer selects collateral for substitution where there are problems – the past and present disclosure statements and ABS offering documents materially misrepresent the sponsor/servicer’s objectivity/fairness.

(2): The mens rea or ‘mental’ element of willfulness – the specific intent to misrepresent the sponsor/servicer’s acts, truthfulness and objectivity/fairness, is manifested by the dual rôle of sponsor/servicer which constitutes a conflict-of-interest. Mens rea is also clearly inferable from the facts and circumstances: the sponsor/servicer clearly has significant economic, psychological and ‘legal’ incentives to maximize its profits by:

(a): Delaying substitution of collateral for as long as possible;

(b): Delaying recognition of collateral impairment, and:

(c): Substituting impaired collateral with sub-standard collateral; all of which make the sponsor highly unsuitable for the rôle of servicer;

(3): The reliance element: ABS investors rely heavily on the structure/arrangements, contracts and disclosure statements in securitizations, which are always relatively complex. These form the primary source of knowledge and valuation terms for the investor;

(4): The victim(s) suffer(s) loss as a result of the misrepresentations (whether of direct or proximate causation). Investors suffer losses because of the sponsor’s/servicer’s misrepresentations of its obligations, fairness, objectivity and fiduciary duties:

Specifically:

(a) Investors’ estimates of the values of Asset-Backed Securities are inaccurate and too high due to the servicer’s/sponsor’s misrepresentations;

(b) Investors incur unnecessary trading costs to re-balance their portfolios as the Asset-Backed Security becomes riskier;

(c) Investors and the sponsor/servicer incur additional monitoring costs whenever there is any report of impairment of collateral or substitution. Furthermore, in the ABS sales process, the underwriter makes certain representations concerning the effectiveness and predictability of the collection process. Under certain conditions, investors relying on such representations may have a securities fraud claim if the servicer fails to perform, such as in bankruptcy.

C-2: IN ALL ‘TRUE-SALE’, ‘DISGUISED LOAN’ AND ‘ASSIGNMENT’ SECURITIZATIONS WHERE
THE SPECIAL PURPOSE VEHICLE IS A TRUST, THE DECLARATION OF TRUST IS VOID AS IT EXISTS FOR AN ILLEGAL PURPOSE. [ALL CONTRACTS STRUCK FOR AN ILLEGAL PURPOSE ARE NULL AND VOID, SOMETHING THE CRIMINAL ENTERPRISES DON’T WANT YOU TO KNOW].
The declaration of trust relating to the SPV is void because the intent and purpose of the SPV is illegal and unconstitutional as described in this analysis and in Nwogugu (2006).

D: OFF-BALANCE SHEET TREATMENT OF ASSET-BACKED SECURITIES (BOTH
FOR ‘TRUE-SALE’ AND FOR ‘ASSIGNMENT’ TRANSACTIONS) CONSTITUTES FRAUD
Under prevailing accounting rules in the United States and most countries, if certain criteria were met, the debt raised by the Special Purpose Vehicle in securitization can be treated as off-balance sheet debt. However this requires compliance with three criteria:

(i) The Special Purpose Vehicle should be truly independent from the sponsor and the directors, fiduciary administrative duties notwithstanding.

(ii) The sponsor’s transfer of the assets to the SPV should be a ‘true sale’ and the sponsor should not have any ongoing economic interest in the assets.

(iii) The form and substance should transparently be identical, and the structure should not appear to be illusory or deceptive.

Nevertheless, these off-balance-sheet treatment criteria have been recently reformed by changes in accounting standards. The British-based International Accounting Standards Board and the US FASB are moving towards stricter reporting standards. Specifically:

• FIN 46 (FASB): Effective in 2003, FIN 46 applies only to companies subject to regulation by the FASB. Its objective is to substantially tighten the criteria necessary to obtain off-balance-sheet treatment for Special Purpose Vehicles, and its main thrust is capital adequacy.

• FIN 46 also imposes an obligation on originators to consolidate the accounts of an SPV (denying off-balance-sheet treatment) unless the total equity at risk is regarded as sufficient to enable the SPV to finance its own activities.

• IAS 32, IAS 39, and IFRS 7: International Accounting Standards (IAS) 32 covers the disclosure and presentation of financial instruments, but from 2007 onwards the disclosure aspects were replaced by the introduction of International Financial Reporting Standard (IFRS) (7). IAS 39 deals with the recognition and measurement of financial instruments, and has been challenged in two aspects:

(1): Introducing the concept of “fair value” accounting for financial instruments and (2): whether SPVs should be consolidated back into the balance sheet of the originator. Like Fin 46, IAS 32 may result in consolidation of most SPVs on-balance-sheet of the sponsors.

• Basel II: The Basel II disciplines are aimed at the global banking industry and call for a more scientific measurement of risk and of capital requirements for banks in order to support that risk. Since the general expectation has been that, in overall terms, the proposals could require the banking industry to maintain a higher rather than lower capital base, the proposals have met resistance from many banks. The Basel Committee’s rules/codes are not binding because the Committee is not a regulator: a situation exploited by the racketeering institutions.

But off-balance sheet treatment of ABS (Asset-Backed Securities) debt in securitizations, constitutes fraud because:

(1): The mens rea or ‘mental’ element of willfulness – the specific intent to misrepresent the true ‘Trust’ nature of the Special Purpose Vehicle debt – is manifested by the elaborate arrangements and structure of the securitization transaction.

(2): The actus reus (the guilty conduct): This consists of the affirmative act of misrepresentation of materials facts by not consolidating the Special Purpose Vehicle on the sponsor’s Balance Sheet.

In securitization, consolidation of the Special Purpose Vehicle onto the sponsor’s financial statements is warranted because the sponsor:

(a) Typically retains a residual economic interest in the Special Purpose Vehicle;

(b) Functions as servicer of the Special Purpose Vehicle asset pool – which grants the sponsor significant control over the assets and the SPV’s operations;

(c) Determines recognition of impairment of collateral, and selects and provides assets for ‘substitution’ of collateral; and:

(d) Typically misrepresents the level of objectivity and fairness of the servicer/sponsor in disclosure statements.

Taken together, these factors and all the aforementioned new accounting standards constitute sufficient actus reus.

(3): The reliance element:
The sponsor’s current and his prospective shareholders and other investors rely heavily on the structure/arrangements of securitizations, associated disclosure statements and assurances of off-balance sheet treatment of SPV debt in securitizations, which are relatively complex. These form the primary source of knowledge and valuation terms for the investor.

(4): The victim suffers loss as a result of the misrepresentation (direct or proximate causation): Investors suffer loss because of the sponsor/servicer’s misrepresentations of its obligations:

(a) Investors’ estimates of the values of the sponsor’s equity are inaccurate and excessively high due to the servicer’s/sponsor’s misrepresentations of the SPV debt;

(b) Investors incur unnecessary trading costs to re-balance their portfolios as the sponsor is deemed more risky;

(c) The investor and the sponsor/servicer incurs additional monitoring costs whenever there is any report of impairment of collateral or substitution.

E: ALL ‘TRUE-SALE’, ‘DISGUISED LOAN’ AND ‘ASSIGNMENT’
SECURITIZATIONS INVOLVE FRAUDULENT CONVEYANCES

Any transfer or conveyance of the assets of a debtor that is deemed to be made for the purposes of hindering, delaying or defrauding actual or potential creditors, may be determined to be a Fraudulent Conveyance (9).

In the United States, three sets of laws cover potential Fraudulent Conveyances:

(a) Section 548 of the US Bankruptcy Code (the Code); or

(b) Most States have adopted the Uniform Fraudulent Transfer Act (UFTA) (10) or else the older Uniform Fraudulent Conveyance Act (UFCA); or

(c) Fraudulent Transfers claims can also be made under a theory of constructive fraud, in which circumstantial evidence may warrant a finding that Fraudulent Transfers were made with the primary purpose of shielding assets from current or future creditors. Although each US State has its own laws regarding the appropriate elements of proof of constructive fraud, Section 548(a)(2)
of the US Bankruptcy Code permits an inference of constructive fraud if the following factors exist:

(1): The debtor received less than reasonably equivalent value for the property transferred; and:

(2): The debtor either: was insolvent or became insolvent as a result of the transfer, retained unreasonably small capital after the transfer, or made the transfer with the intent or belief that it would incur debts beyond its ability to pay.

The following are the various theories of Fraudulent Conveyance
within the context of securitization.

E-1: Sponsor/Originator receives insufficient value for assets transferred:

All ‘true sale‘ as well as ‘assignment’ securitizations involve Fraudulent Conveyances (as defined within the US Bankruptcy Code and the Uniform Fraudulent Transfer Act) because the originator receives insufficient value for assets that it transfers to the Special Purpose Vehicle (11), (12):

(i): Horizon mismatch:
In the case of receivables and fixed income assets, since the originator/sponsor sells these assets before their maturities, their effective yields and values are much lower than their stated yields, and hence, the originator receives less-than-normal value for assets transferred.

(ii): The originator always incurs substantial cash and non-cash transaction costs in such transfers, which reduces the net-value it receives from the transfer to the Special Purpose Vehicle. These costs include all legal fees, accounting fees, underwriting fees, monitoring costs, administrative costs, regulatory compliance costs, capital-budgeting costs (because the decision to securitize has inherent negotiation costs), conflict costs and resource allocation costs, etc.;

(iii): In these asset transfers, the originator loses all the future appreciation of the transferred assets: the transfers are done at book values or stated adjusted costs. The asset valuations for the transfers don’t consider future increases in asset value, and hence are an implicit undervaluation.

(iv): Where the assets transferred have residual values (as in computer leases and equipment leases), the originator often cannot accurately calculate such residual values and does not incorporate them in asset valuation, and loses such residual value; and hence, receives less than normal value for the assets transferred;

(v): In some securitizations, the originator’s transfer of assets to the SPV is backed by recourse (to the originator’s assets) and such recourse has economic value that reduces the net-value that the originator receives from the transfer. [Higgin & Mason (2004), Pantaleo et al. (1996) and Plank (1991) (13) describe the basis for the value of such recourse].

(vi): Where the originator and sponsor is financially distressed, securitization is often the chosen form of financing, and under Fraudulent Conveyance laws, securitizations are illegal because:

(1): Securitizations increase the bankruptcy risk of the originator/sponsor;

(2): The distressed company’s assets are typically valued at higher interest rates (which yield lower asset values) and hence, the originator loses value in the transfers.

(vii): The originator’s/sponsor’s net-cash proceeds from the securitization transaction is often significantly less than either the pre-transaction carrying value of the collateral, or the net realizable value of the collateral (liquidation value in a supervised open auction) – primarily because of transaction costs, over-collateralization, etc..

E-2: ‘Intent to hinder, delay or defraud creditors’:
Implicit pre-petition waiver of right to file for bankruptcy:

All ‘true sale‘ as well as ‘assignment’ securitizations involve Fraudulent Conveyances (as defined in the US Bankruptcy Code and the Uniform Fraudulent Transfer Act) because as described in this analysis, such securitizations are the equivalent of illegal pre-petition waivers of the right to file bankruptcy, and the waiver of the bankruptcy stay – all of which are sufficient evidence of ‘intent to hinder, delay, or defraud any creditor of the debtor’, which is the major element of Fraudulent Conveyance under the UFTA and the US Bankruptcy Code.

E-3: ‘Intent to hinder, delay or defraud creditors’:
originator’s transfer of assets to the Special Purpose Vehicle:

All ‘true sale‘ and ‘assignment’ securitizations involve Fraudulent Conveyances (as defined in the US Bankruptcy Code and the Uniform Fraudulent Transfer Act) because the originator‘s/sponsor‘s mere act of transferring assets to an SPecial Purpsoe Vehicle reduces the values of any of its unsecured creditors’ claims – i.e. trade creditors, holders of any unsecured loans, holders of certain preferred stock, etc.. (14).

Without such transfers, the unsecured creditors would have had access to such assets. This is sufficient evidence of ‘intent to hinder, delay or defraud’ existing creditors.

[It follows that the Rule of Law has been comprehensively flouted,
with the rot starting and condoned at the highest levels – Ed.].

E-4: ‘Intent to hinder, delay or defraud creditors’:
Originator’s transfer of assets to the SPV has not been undertaken on an arms’-length basis:

The originator’s transfer of assets to the SPV via a ‘true sale’ or ‘assignment’ is typically not done by means of arms’-length transactions. Most originators have substantial influence/control over the valuation of collateral, the selection of the appraiser and valuers, the choice of appraised collateral, the corporate form and life of the SPV, and the selection of the officers/trustees of the SPV. Hence, the originator can manipulate the values of collateral for accounting and economic purposes. The originator typically creates, funds and staffs the SPV – hires the SPV’s officers and directors and determines the SPV’s corporate governance policies. The combination of such excessive control, and the originator’s transfer of assets to the SPV is prima facie evidence of ‘intent to hinder, delay or defraud’ the originator’s existing and future creditors.

E-5: Securitization increases the originator’s bankruptcy risk:
Securitization can increase the bankruptcy risk of an originator (15), where:

(a) The cash proceeds from the securitization transaction are significantly less than either the carrying value of the collateral, or the net realizable value of the collateral (liquidation value in a supervised auction); or:

(b) Management reinvests the cash proceeds of securitization in projects that yield returns that are less than what the collateral would have yielded, or less than the company’s cost of debt.
Securitization via ‘assignments’ or else ‘disguised loans’ increases the risk to be borne by the originator/sponsor, and also increases its post-transaction cost of capital primarily because:

(a) The amount raised is less than the assets pledged;

(b) The pledge of assets to the SPV reduces the originator’s borrowing
capacity and financial flexibility;

(c) The pledge of assets to the Special Purpose Vehicle reduces the originator’s ability to repay other debt. Hence, the originator/sponsor loses value in the transfer of assets to the SPV.

F: SECURITIZATION USURPS UNITED STATES BANKRUPTCY LAWS AND HENCE IS ILLEGAL
Securitization undermines US Federal bankruptcy policy, because it is used (in lieu of secured financing) as a means of avoiding certain bankruptcy-law restrictions (16). Indeed, the origins of securitization in the United States can be traced directly to attempts by banks and financial institutions to avoid bankruptcy law restrictions.

An analysis of the legislative intent of the US Congress with regard to the US Bankruptcy Code confirms that securitization contravenes most policies of the US Bankruptcy Code (17).

• IT ALSO CONTRAVENES PUBLIC POLICY, WHICH EMBRACES:

(a): Recognition of financial distress;
(b): Stay of bankruptcy proceedings;
(c): Determination of claims and priorities of security interests;
(d): Fair division of value;
(e): The continuance or liquidation decision;
(f): Efficient reorganization.

In most cases, insolvency often occurs before management decides to file for bankruptcy. Many firms that are either financially distressed and or technically insolvent continue to operate as if they are normal companies, and enter into securitization transactions. often, securitization enables them to reduce the effect of actual and or perceived low credit ratings. Securitization is often a major strategic choice for financially distressed corporations (18). Under the US Internal Revenue Tax Code, securitization qualifies as a reorganization. The underlying issues are as follows.

F-1: Implicit waiver of right to file for bankruptcy and/or Stay of Bankruptcy:

Securitization involves an implicit (and often an express) waiver of the debtor’s, originator’s, sponsor’s right to file for voluntary bankruptcy. This is achieved by using a bankruptcy-remote Special Purpose Vehicle and segregating the assets that otherwise would have been part of the bankruptcy estate (19), (20). Securitization involves an implicit (and very often an express) waiver of the creditor/Asset-Backed Securities-investor’s right to file for involuntary bankruptcy (21), (22).

US Courts have repeatedly held that such waivers are void as against public policy. In the absence of securitization, these same investors/creditors would have been creditors/ a.k.a. lenders to the sponsor/originator. This implicit waiver is achieved by employing a Special Purpose Vehicle and segregating the assets that otherwise would have been part of the bankruptcy estate; and by various forms of credit enhancement.

Without the automatic stay of the Bankruptcy Code, the debtor/sponsor would not need to transfer assets to an SPV. Carlson (1998) traces the history of securitization to direct and specific efforts/collaborations to avoid the impact of US bankruptcy laws (23).

Furthermore, there is a distinct difference of opinion among US courts about the enforceability of pre-petition waivers (of rights to file for voluntary or involuntary bankruptcy) which has not been resolved by the US Supreme Court (24). However, the standard securitization processes diverge substantially from the conditions in cases where the courts held that pre-petition waivers (or rights to file for bankruptcy) were unenforceable.

F-2: The U.S. Bankruptcy Code expressly invalidates certain pre-filing transfers:

Sections of the US Bankruptcy Code expressly invalidate certain types of pre-filing transfers, payments and transactions (that occur within a specific time period before the filing of bankruptcy). Most securitizations fall under the classes of voidable pre-filing transfers.

• Hence, under these foregoing circumstances/conditions, bankruptcy laws and associated principles are implicated and apply where the firm has not filed for bankruptcy.

Therefore, any pre-bankruptcy filing transactions that invalidate or contravene the principles of Bankruptcy Codes are illegal. The bankruptcy-remoteness characteristic of securitizations prevents the efficient functioning of US bankruptcy law, and jeopardises the law.

G: NEW THEORIES ON THE EFFECTS OF SECURITIZATION ON BANKRUPTCY EFFICIENCY
The following are new theories that explain how securitization
contravenes the basic principles of US bankruptcy laws:

G-1: The illegal wealth-transfer theory:

Securitization can result in Fraudulent Conveyance and in illegal transfer of wealth where the transaction effectively renders the originator/issuer company technically insolvent; or fraudulently transfers value to the SPV (in the form of low collateral values) and then to the ABS/MBS [Mortgage-Backed Securities] bond holders (in the form of low bond prices, and or high interest rates) (25). Courts have held that stripping a company of the ability to pay judgment claims is a ‘predicate act’ that is actionable under Federal R.I.C.O. statutes (26). Securitization can also result in illegal wealth transfers to the intermediary bank where it retains a residual interest in the Trust/SPV (residual securities) or is over-compensated (excessive cash fees, trustee positions, underwriter is granted a percentage of securities offered, etc.).

G-2: The Priority-changing theory:

To the extent that bankruptcy laws are designed to facilitate rehabilitation of troubled companies, and increase efficient allocation of debtor assets to creditors, securitization enables the debtor to defeat the Absolute-Priority principle; and effectively to re-arrange priorities of claims, particularly where the debtor/originator does not have any secured claims (but has only unsecured claims). This is achieved by securitizing unencumbered assets and applying credit enhancement to provide higher-quality securities (which is the equivalent of higher priority) to other creditors.

G-3: The Facilitation of inefficient-continuance theory:

Securitization enables the debtor/originator to change the progression of financial distress, by supplying cash that typically lasts for short periods of time, and often at a high effective cost of funds. This implicates the principles of ‘inefficient continuance’ (where an otherwise non-viable company that should be liquidated, sold/merged or substantially reorganized, continues to operate solely as a result of short-term solutions and or bankruptcy court orders), and hence, the sections of the Sarbanes-Oxley Act (‘SOX’) – which require certification of solvency of the company and adequacy of internal controls, and also carry criminal penalties for non-compliance (27).

The question of whether ‘inefficient continuance’ has occurred is a matter of law that should be decided by judges. Thus, all else remaining constant, where the necessary elements occur, (a securitization and ‘inefficient continuance’ and management’s certification of solvency and adequate internal controls), management and the company become criminally liable.

G-4: The information-content effect theory:

Securitization changes and distorts the perceived financial position of the originator/sponsor, because various forms of credit enhancement (senior/junior pieces, loan insurance, etc.) are used to achieve a high credit rating for the Special Purpose Vehicle – which may be misconstrued by stock-market investors as evidence of good prospects for the originator-company. To the extent that all securities offerings have relevant information content and associated signalling, then securitization by financially distressed companies effectively conveys the wrong signals to capital markets and hence, changes the expectations of creditors and shareholders (and in the case of bankruptcy, makes it more difficult to form consensus efficiently on a plan of reorganization once the bankruptcy petition is filed). In this realm, investor and creditor expectations are critical and have utility value and typically form the basis for investment/disinvestment and for negotiations about restructuring or any plan of reorganization.

US Courts have held that persons that create false impressions about the financial condition of a company are potentially liable under Federal R.I.C.O. statutes (28).

G-5: The information-content effect theory:

To the extent that securitzation defers or eliminates a potential creditor’s rights to file for involuntary bankruptcy, then securitization can be deemed to be fraudulent, and gives rise to criminal causes of action such as deceit, conversion, etc. The creditor’s right to file for a debtor’s involuntary bankruptcy is a valid property right that arises from State property law, State contract law, State constitutional laws, and Federal bankruptcy laws (29). Deprivation of, or interference with, this property right is a violation of the US Constitution. Securitization can defer or eliminate this property right, and hence violate the US Constitution where the transaction:

(a): Effectively rearranges priority of claims; or:

(b): Reduces the debtor-company’s borrowing capacity (value of unencumbered/unpledged collateral) to the detriment of secured and or unsecured creditors; or:

(c): Uses the proceeds of the transaction to pay-off some (but not all) members of a potential class of creditors that can file an involuntary bankruptcy petition.

H: SECURITIZATION CONSTITUTES A VIOLATION OF FEDERAL R.I.C.O. STATUTES
In ‘true-sale’, ‘disguised loan’ or ‘assignment’ securitizations, there are fraudulent transactions which serve as ‘predicate acts’ under Federal R.I.C.O. statutes (30).

The specific R.I.C.O. sections implicated are:
• Section 1341 (mail fraud)
• Section 1343 (wire fraud)
• Section 1344 (financial institution fraud)
• Section 1957 (engaging in monetary transactions in property
derived from specified unlawful activity).
• Section 1952 (racketeering).

The prices of the collateral are determined in negotiations between the sponsor/issuer and the intermediary bank and on occasion, the SPV’s trustees. This presents opportunities for ‘predicate acts’ (ie. fraud, conversion, etc.) because:

(1): The collateral could be under-valued or over-valued. There are no State or Federal laws that require independent valuation of collateral or appointment of independent/certified trustees in securitization transactions. The parties involved are often business acquaintances.

The originatorsponsor controls the entire process.

(2): The trustees can be, and are influenced by the sponsor/originator and or intermediary investment-bank.

(3): The required disclosure of collateral is sometimes insufficient. Specifically:

(a): It does not include historical performance of collateral pools;
(b): It does not include criteria for selection of collateral and for substitution of collateral;
(c) Criteria for replacement of impaired collateral are sometimes not reasonable;

(4): Mail and wire are used extensively in communications with investors and participants
in the transaction; and:

(5): There is compulsion – because the intermediary or investment bank has very substantial incentives to under-price the securities, and to inflate/deflate the value of the collateral in order to consummate the transaction and earn fees.

The entire securitization process constitutes violations of Federal R.I.C.O. (31) statutes because:

(1): There is the requisite criminal or civil ‘enterprise’ – consisting of the sponsor/issuer, the trustees and the intermediary bank. These three parties work closely together to effect the securitization transaction.

(2): There are ‘predicate acts’ (32) of:

(a): Mail fraud – using the mails for sending out materials among themselves and to investors.
(b): Wire fraud – using wires to engage in fraud by communicating with investors.
(c): Conversion – where there isn’t proper title to collateral.
(d): Deceit: Misrepresentation of issues and facts pertaining to the securitization transaction.
(e): Securities fraud: disclosure issues.
(f): Loss of profit opportunity.
(g): Making false statements and or misleading representations about the value of the collateral.
(h): Stripping the originator/issuer of the ability to pay debt claims or judgment claims in bankruptcy court – a state of affairs that may apply where the sponsor is financially distressed and the cash proceeds of the transaction are significantly less than the value of the collateral.

(3): There is typically the requisite ‘intent’ by members of the enterprise – evident in knowledge (actual and inferable), acts, omissions, purpose (actual and inferable) and results. Intent can be reasonably inferred from:

(a): The existence of a sponsor that seeks to raise capital – and cannot raise capital on better terms by other means;
(b) The participation of an investment bank that has very strong incentives to consummate the transaction on any agreeable (but not necessarily reasonable) terms.

I: SECURITIZATION CONSTITUTES VIOLATIONS OF U.S. ANTITRUST LAWS
The various processes in securitization constitute egregious violations
of the US Antitrust statutes (33), (34), (35). Specifically:

I-1: Market concentration:

The American Asset-Backed Securities and Mortgage-Backed Securities markets are dominated by relatively few large entities such as FNMA, Freddie Mac, the top five investment banks (all of which have conduit programs), and the top five credit card issuers (MBNA, AMEX, Citigroup, etc.), etc.. As a consequence, the top five ABS/MBS issuers control more than 50% of the US ABS/MBS market.
This constitutes illegal market concentration under US Antitrust legislation

I-2: Market integration:

The American Asset-Backed Securities and Mortgage-Backed Securities markets are essentially both national and international (that is to say, geographically-diverse entitiesand individuals participate in each transaction). Each Asset-Backed Securities (ABS) transaction/offering typically involves a ‘roadshow’ which consists of presentations to investors in various cities.

The cost of the roadshow is often paid by the underwriter(s) before its fees are paid by the sponsor. In addition, there are printing, mailing, traveling and administrative costs that increase with the greater geographical dispersion of investors. This has two main effects:

(a): It reduces competitive pressure on dominant investment banks and groups of investment banks (to the detriment of smaller investment banks); and:
(b): It raises market-entry barriers by making it more expensive to conduct ‘roadshows’ for new offerings. Hence, the market integration created by the industry practices of securities underwriters is anti-competitive and violates the Sherman Act, and the FTC Antitrust statutes.

I-3: Syndicate collusion:

The syndicates (of investment banks) used in distributing Asset-Backed Securities and Mortgage-Backed Securities (ABS/MBS) essentially collude to determine:
(a): The price at which each ABS tranche is sold;
(b): Which investors can purchase different tranches.

Collusion occurs because:

(a): In the typical Asset-Backed Securities (ABS) offering, the price determination process is not transparent or democratic because the lead underwriters typically negotiate the offering price with the originator/sponsor and the prospective investors (although some underwriters use auctions).

The lead underwriters purchase most of the new-issue ABS, and the balance is typically sold to ‘junior’ syndicate members (who presumably can arrange to buy more Asset-Backed Securities from the lead underwriters than were allocated to them).

In essence, the true price-demand characteristics and negotiability of junior underwriting-syndicate members are hidden simply because of the structure of the underwriting/bidding process. Hence, the existing syndicate-based ABS distribution system for new issue Asset-Backed Securities distorts the true demand for the ABS, clearly reduces competition, and facilitates and results in collusion, and therefore constitutes violations of the Sherman Act and the Federal Trade Commission (FTC) Antitrust statutes.

(b) Similarly, the ABS allocation process is not transparent. The lead underwriter and junior underwriters allocate new-issue ABS to investors based on subjectively determined ‘suitability’ and also ‘in-house criteria’. There are no established or generally accepted important guidelines for such ‘in-house’ criteria and associated allocation.

The lead and junior underwriters can typically collude to determine that only certain investors deemed appropriate are allocated the Asset-Backed Securities in question. Hence, the antitrust violation (collusion) occurs solely because of the underwriters’ discretionary choice of investors to whom ABS are allocated. This is more evident where the poll of investors consists mostly of institutional investors – so that final offering prices are more sensitive to choice of investors, and prices can change significantly simply by changes in allocation to investors. In such circumstances, the collusion is reasonably inferable here, so long as there are no statutory or generally accepted allocation criteria that have been approved by the NASD or other trade associations.

I-4: Price formation:
The prices of ABS securities may often be linked to the prices/yields of US Treasury bonds – the credit risk of ABS/MBS being priced relative to the risks of US Treasury bonds.

• This system distorts the true demand and supply balance for the ABS/MBS, and erroneously incorporates the demand/supply relationships of the US Treasury Bond market, into the ABS/MBS markets. The key question then, is whether there are conditions under which the US Treasury Bond market is completely de-coupled from the ABS market: or, phrased differently, whether there is sufficient justification for actual or perceived de-coupling of the US Treasury Bond market and the US ABS market. These conditions are as follows:

(1): The credit fundamentals of the US Treasury market differ substantially from those of the ABS market. (The Treasury market is much more sensitive to US Federal Reserve actions, currency fluctuations, consumer spending, Federal/State fiscal policies, etc.). The ABS market tends to be more sensitive to industry-specific and sometimes company-specific risks/factors.

(2): The use of various credit enhancement techniques and products further exacerbates the differences in the credit trends and/or quality in the US Treasury and ABS markets. In Asset-Backed Securities transactions, most forms of credit enhancement create a floor, but do not limit or affect other industry exposures or company exposures. In the US Treasury market, investors are subject to a greater variety of risks.

(3): Investors’ objectives in the US Treasury Bond markets differ from those of investors in Asset-Backed Securities markets. Hence, investors are very likely to view these two markets and the underlying risks differently, and should value the securities differently.

I-5: Vertical foreclosure:

In the ABS/MBS markets, some investment banks and commercial banks are active in almost all phases of the securitization process: origination (through in-house conduits); due diligence; disclosure and pricing; new issue securities offerings; and also in secondary-market trading. Similarly, non-bank entities can use their own asset portfolios (the origination of credit card receivables or mortgage receivables), shelf-registration and marketing procedures and/or Regulation-D/Rule 144A procedures (pricing and new-issue offerings) and in-house trading (secondary-market trading) to participate in almost all aspects of securitization processes.

Hence, these companies have almost no incentive to, and are not required to make their infrastructure and relationships available to competitors.

• Such vertical foreclosure constitutes violation of US antitrust laws.

I-6: Tying (36):

This arises in the following manner:

(a): The sponsor is sometimes formally or informally required to purchase other financial services (loans, letters of credit, custody services, etc.) from the investment bank, in order to effect the securitization transaction;

(b): The investors are sometimes required simultaneously to purchase two or more tranches of an ABS offering, or to promise to buy the same or similar ABS/MBS securities in order to be allocated ABS in new offerings;

(c): The sponsor and or investment bank may formally or informally require investors to purchase minimum dollar volume of ABS in specific offerings in order to be eligible for ‘allocations’ in future offerings. These acts constitute tying, which is anticompetitive and therefore illegal.

I-7: Price-fixing (37):

The Locus-shifting Theory is introduced here. Locus-shifting occurs when a potential and obvious party to a price-fixing scheme is effectively replaced (in pricing negotiations) by a third party that has the resources and willingness to alter dramatically the pricing of goods and services in either the transaction, or via a series of transactions or in the sector or the industry as a whole. Normally, price-fixing would occur between two sponsors or two intermediary banks.

Since the intermediary-investment bank is central to ABS offerings, and associated pricing and negotiations, the price fixing should be deemed to occur between the sponsor/originator and the investment bank (or between two sponsors).

Since each active investment binstitution typically underwrites many offerings simultaneously, and essentially controls the pricing of each new-issue ABS, the investment banks are the locus of said price fixing and are potentially liable for the associated antitrust violations. Further evidence of price fixing maybe obtained by analysing:

(a): The yield differentials of various ABS offerings in various asset classes (ie. automobiles, home equity, mortgages, etc.) by different sponsors within a specific block of time;

(b): The price differentials of various ABS offerings in various asset classes (autos, home equity, credit cards, mortgages, etc.) with the same rating, within a specific block of time.

I-8: Price-fixing (38):

Exclusive contracts facilitate and enhance anti-competitive behavior by contractually restricting conduct by and trade among participants in the market. In the US ABS/MBS markets, existing illegal exclusive contracts include:

(a) Contracts preventing the intermediary investment bank from providing financial services to other prospective securitization sponsor-companies in the same industry/sector;

(b) Contracts (by the sponsor, underwriter(s) or third parties) that prevent or limit the formation of a syndicate of securities dealers;

(c) Contracts that prevent the sponsor from selling securities through other underwriters, other than an appointed intermediary investment bank. These types of contract constitute direct violations of US Antitrust statutes.

I-9: Price-fixing (39):

There are several classes of Asset-Backed Securities:

(1): Securities that involve pure ‘pass-through’ of cash- flows, and hence rights to payment of cash from the SPV pool, but no ownership interest in the pool to:

(a): Interest-Only (IO) securities;
(b): Principal-Only (PO) securities; and:
(c): ‘Traditional’ Asset-Backed Securities that pay both interest and principal.

(2): Securities that confer ownership interests in the underlying pool to:

(a): Interest-Only (IO) securities;
(b): Principal-Only (PO) securities; and:
(c): ‘Traditional’ Asset-Backed Securities that pay both interest and principal.

(3): Debt-type securities that involve a security interest in the underlying collateral:
these manifest themselves as:

(a): Interest-Only (IO) securities;
(b): Principal-Only (PO) securities; and:
(c): ‘Traditional’ Asset-Backed Securities that pay both interest and principal.

In many instances, the Special Purpose Vehicle (SPV) offers many tranches in each of the above-mentioned classes of ABS. The tranches within each class typically vary by term, interest rate, duration, and bond-rating/risk-rating. Hence, in any situation where the tranches don’t have any priority as to security interests or rights-to-payment of cash flows from the pool, such stratified offerings within each class (‘IO’, or ‘PO’ or ordinary; or ‘pass-through’, collateral-type or equity-interest) constitute price discrimination because the underlying ‘asset’ and risk is essentially the same, although different securities are being offered in the same transaction (or in a series of transactions), at different prices to investors, based on the same underlying pool of assets.

• The distinguishing and critical element is that there is no contractually agreed-upon priority of claims as to security interests or right-to-payment of cash from the pool of assets.

I-10: Predatory pricing (40):

This occurs when investment banks under-price ABS offerings in order to obtain more investors, and to build name recognition for a particular issuer (that does or intends to come to the ABS market regularly). Evidence of predatory pricing may be inferred or established by:

(a): Comparing the offering prices of various new-issue ABS bonds sold by one sponsor/originator, in the same asset class (auto loans, home equity, credit cards, etc.), but at different times of the year, to offering prices of similar ABS bonds sold by other regular ABS sponsors/originators in the same time periods.

(b): Running regressions to identify any statistically significant relationship between:

(1): The difference in the yield of company XYZ’s ABS bond and the yields of other similar Asset-Backed Securities bonds; and:

(2): Various independent variables such as yield, price, asset type, bond rating, duration, industry, amount of offering, frequency of ABS offerings, types of investors, etc..

(c): Comparing the offering prices of various new-issue ABS bonds underwritten by one investment bank (in the same asset class, but at different times of the year) to offering prices of similar Aset-Back Securities bonds underwritten by other investment banks in the same time periods.

I-11: Rigging of allocations:

Most Asset-Backed Securities offerings are done via allocations of securities by investment banks to their brokerage customers:

(1): Most sponsors issue their Asset-Backed Securities or Mortgage-Backed Securities through bids by investment banks. Most bids for ABS securities are won by a few investment banking firms.

• This may suggest that customers have been ‘allocated’ among investment banks, which is also an indication of collusion.

(2): On occasion, the primary underwriters subcontract work (re-sell securities)
to secondary underwriters.

J: SECURITIZATION INVOLVES VOID CONTRACTS
The process of securitization involves several contracts that are either signed simultaneously or are all signed within a short timeframe. Many of these contracts are void and wholly illegal due to:

(a) Lack of consideration (41): There is no consideration in many contracts used in effecting securitizations. Many of these contracts are unilateral executory undertakings and contain illusory promises. There are three main issues:

(1): Unilateral Executory Promise (42): A unilateral executory promise is not consideration.
The following are some unilateral executory contracts in securitizations:

• The promise made by the Special Purpose Vehicle to pay out periodic interest, whether contingent or non-contingent on whether the collateral pays cash interest.

• Collateral-substitution Agreements contain a promise whereby
the sponsor agrees to substitute impaired collateral.

• Assignment Agreement: Assignment of future collateral (not yet existing)
may be deemed a unilateral executory promise by the assignor.

• Transfer Agreement: The sponsor agrees to transfer the collateral to the Special Purpose Vehicle, and the SPV in return pays cash to the sponsor.

(2): Illusory Promises (43): An illusory promise is not a valid consideration for a contract.

The following are some illusory promises inherent in securitization transactions:

• The Subscription/Purchase Agreement: The SPV’s promises to acquire the collateral with the cash raised from investors are essentially illusory promises. These promises are embedded in the offering Prospectus, but are typically not included other corporate documents. In most cases, the offering Prospectuses don’t state the exact steps in the SPV’s promised purchase of the collateral.

• The Purchase or Subscription Agreement: The Special Purpose Vehicle’s investors purchase beneficial interests in the SPV or the SPV’s debt. These beneficial interests evidence:

(a): The right to receive payments from the SPV; or:
(b): An ownership interest in the underlying collateral, or:
(c): A ‘participation’ in the underlying collateral.

However, at the time of executing this agreement, the only consideration that the SPV can grant to investors in exchange for the purchase amount, consists of promises to purchase the collateral in the future, and to make payments from the SPV’s assets.

Hence, an existing asset is being exchanged for a future asset that does not exist as of the date of the purchase/subscription agreement.

• Furthermore, all securitization offerings are done pursuant to ‘Subscription Agreements’ and likewise pursuant to Investor Questionnaires – both of which documents have to be signed by the prospective investor. None of the agreements signed by the investor as part of his/her purchase of the Special Purpose Vehicle’s Asset-Backed Securities expressly incorporates the promises that are embodied in the offering Prospectus. What typically exists is an implied agreement to subject the investor to the SPV’s articles of incorporation, Trust Indenture, and or Trustees’/Board of Directors’ (or Board of Trustees’) decisions.

• The SPV’s promise to pay interest/dividends on ABS IOs, Preferreds and POs are essentially illusory promises because the underlying collateral may not produce any cash flows: so there won’t be interest/dividend payments.

(3): No Bargain: Some courts have held that there is no consideration (and hence, the contract is void) where one party was not allowed to bargain for the alleged agreement (44).

In some securitizations, the process of setting offering prices for new Asset-Backed Securities issues does not afford all parties the opportunity to negotiate terms of the offering, especially individual investors, because the price of the ABS is typically determined primarily by the sponsor and the lead underwriters. Furthermore, in securitizations, the originator sets the terms of the Special Purpose Vehicle (trust documents, articles of incorporation, bylaws, etc.).

(4): No mutuality (45): In the securitization context, for there to be mutuality:

(a): Each party must have firm control of the subject matters of the contract and the underlying assets (consideration), and:
(b): There should/MUST be a direct contractual relationship between the parties concerned. At time of the Subscription Agreement, the Special Purpose Vehicle typically does not own or have rights to the collateral, and hence, there is not mutuality.

Furthermore, the concept of ‘piercing the SPV veil’ is introduced here (similar to ‘piercing the corporate veil’) and applies, since the following conditions exist:

• The economics of the transaction are an asset transfer from the sponsor/originator party to the Special Purpose Vehicle investors, in exchange for a loan to the sponsor.

• However, there is no direct contractual relationship.

• The sponsor typically controls the Special Purpose Vehicle before the Asset-Backed Securities offering and thus determines (or very substantially influences) the SPV’s post-offering operating characteristics. Since the prospective ABS investors don’t have firm pre-offering control of the SPV and cannot influence its post-offering policies, there is no mutuality between the SPV and the ABS investors; and securitization is accordingly void.

• The sponsor influences the appointment of the SPV’s Trustees or Board of Directors.
Thus, under contract law, the use of the Special Purpose Vehicle in securitization effectively eliminates any mutuality between the two main contracting parties: the sponsor and the investors. Secondly, there is no mutuality between the Special Purpose Vehicle and the investors:

• The Special Purpose Vehicle’s corporate documents (trust indentures or bylaws or articles of incorporation) typically limit the rights of each ABS investors and the group of Asset-Backed Securities investors.

Thirdly, there is no mutuality at all between the Special Purpose Vehicle and the sponsor/originator, because both entities are essentially the same, and are controlled by the sponsor before and after the securitization takes place.

(5): Illegal subject matter and contravention of public policy 46: As explained in preceding sections of this analysis, securitization constitutes violations of the Antitrust laws and US Federal R.I.C.O. statutes; and hence, the contracts used to effect securitizations are void and illegal.

CONCLUSION:
Under US legislation, Securitization is MANIFESTLY ILLEGAL.

Notes and References:

(1): Yamazaki Kenji, What makes Asset Securitization Inefficient? (2005); Berkeley Electronic Press, Working Paper #603; Steven Schwarcz, Enron and The Use and Abuse of Special Purpose Entities In Corporate Structures, 70 U. Cin. L. Rev. 1309 (2002); See further: Carlson D. (1998), The Rotten Foundations of Securitization, William & Mary Law Review, 39; Lupica L (2000), Circumvention of The Bankruptcy Process: The Statutory Institutionalization of Securitization, Connecticut Law Review, 33: 199-210; Thomas Plank, 2004, The Security of Securitization and The Future of Security, 25 Cardozo L. Rev. 1655 (2004).

(2): On securitization, see: Eastgroup Properties v. Southern Motel Association, Ltd., 935 F.2d 245 (11th Cir. 1991); Union Savings Bank v. Augie/Restivo Baking Co. (In Re Augie/Restivo Baking Co.), 860 F.2d 515 (2d Cir. 1988); In Re Bonham, 229 F.3d 750 (9th Cir. 2000); In Re Central European Industrial Development Company LLC, 288 B.R. 572 (Bankr. N.D. Cal. 2003); Special Report by the TriBar Opinion Committee, Opinions in the Bankruptcy Context: Rating Agency, Structured Financing, and Chapter 11 Transactions, 46 Business Lawyer 717 (1991); Sargent, Bankruptcy Remote Finance Subsidiaries: The Substantive Consolidation Issue, 44 Business Lawyer 1223 (1989). See In re Kingston Square Associates, 214 B.R. 713 (Bankr. S.D.N.Y. 1997). On “True-sale” and “signment” distinctions, see: Major’s Furniture Mart, Inc. v. Castle Credit Corporation, Inc., 602 F.2d 538 (3rd Cir. 1979); In re Major Funding Corporation, 82 B.R. 443 (Bankr. S.D. Tex. 1987); Fox v. Peck Iron and Metal Company, Inc., 25 B.R. 674 (Bankr. S.D. Cal. 1982); Carter v. Four Seasons Funding Corporation, 97 S.W.3d. 387 (Ark. 2003); A.B. Lewis Co. v. Nat’l Investment Co. of Houston, 421 S.W.2d 723 (Tex. Civ. App. – 14th Dist. 1967); Resolution Trust Corp. v. Aetna Casualty and Surety Co. of Illinois, 25 F.3d 570, 578 (7th Cir. 1994); In re Royal Crown Bottlers of North Alabama, Inc., 23 B.R. 28 (Bankr. N.D. Ala. 1982) (addressing ‘reasonably equivalent value’ in transfer by parent to subsidiary); Butner v. United States, 440 U.S. 48 (U.S. 1979); In re Schick, 246 B.R. 41, 44 (Bankr. S.D.N.Y. 2000): (State law determines the extent of the debtor’s interest; bankruptcy law determines whether that interest is “property of the estate”).

See specifically: Homburger & Andre, Real Estate Sale and Leaseback Transactions and the Risk of Recharacterization in Bankruptcy, 24 Real Property, Probate and Trust Journal 95, (1989). See: In re Integrated Health Services, Inc., 260 B.R. 71 (Bankr. Del. 2001).

See: HSBC Bank v. United Air Lines, Inc., 317 B.R. 335 (N.D. Ill. 2004). See: Jonathan C. Lipson, Enron, Asset Securitization and Bankruptcy Reform: Dead or Dormant?, 11 J. Bankr. L. & Prac. 1 (2002). See: Peter J. Lahny IV, Asset Securitization: A Discussion of the Traditional Bankrupt Attacks and an Analysis of the Next Potential Attack, Substantive Consolidation, 9 Am. Bankr. Inst. L. Rev. 815 (2001). See: Lois R. Lupica, Revised Article 9, Securitization Transactions and the Bankruptcy Dynamic, 9 Am. Bankr. Inst. L. Rev. 287 (2001). See: Lois R. Lupica, Circumvention of the Bankruptcy Process: The Statutory Institutionalization of Securitization, 33 Conn. L. Rev. 199 (2000). See further: Lois R. Lupica, Asset Securitization: The Unsecured Creditors Perspective, 76 Tex. L. Rev. 595 (1998). See: Stephen I. Glover, Structured Finance Goes Chapter 11: Asset Securitization by the Reorganizing Companies, 47 Bus. Law 611, 627 (1992). See: Thomas J. Gordon, Securitization of Executory Future Flows as Bankruptcy-Remote True Sales, 67 U. Chi. L. Rev. 1317, 1322-23 (2000).

See: In Re Kingston Square Assocs., 214 B.R. 713 (Bankr. S.D.N.Y. 1997) (creditors brought an involuntary petition against an SPV).

(3): On corporate governance issues pertaining to SPVs and securitization see the following materials: See: In Re Buckhead America Corp., #s 91-978 through 91-986 (Bankr. D. Del, Aug. 13, 1992); In Re Minor Emergency Center of Tamarac Inc., 45 BR 310 (Bankr. SD.FL., 1985); Revlon Inc. v. Mac andrews & Forbes Holdings, 506 A2d 173 (Del. 1986); In Re Kingston Square Associates, 214 BR 713 (Bnakr. SDNY 197).

See: Sheryl Gussset, A Not-So-Independent Director In A Bankruptcy Remote Structure, 17 Am. Bankr. Inst. J. 24 (1998). See: Roberg Dean Ellis, Securitization, Fiduciary Duties and Bondholders Rights, 24 J. Corp. L. 295 (1999). See: Richard Graf, Use of LLCs As Bankruptcy Proof Entities Widens, National L. J. , April 10, 1995 at B16. See: Schwarcz Steven, Enron and The Use and Abuse of Special Purpose Entities In Corporate Structures, 70 U. Cin. L. Rev. 1309 (2002). See: Schwarcz, Steven, Securitization Post-Enron, 25 Cardozo L. Rev. 1539 (2004). See also: Thomas Plank, 2004 Symposium: The Security of Securitization and The Future of Security, 25 Cardozo L. Rev. 1655 (2004). See: Thomas H, Effects of Asset Securitization On Seller Claimants, Journal of Financial Intermediation, 10: 306-330. See also: Nolan, Anthony, Synthetic Securitizations and Derivatives Transactions by Banks: Selected Regulatory Issues, Journal of Structured Finance, Fall 2006.

See: American Securitization Forum, ASF Securitization Institute: The Securitization Legal and Regulatory Framework, 2006. See: Yamazaki, Kenji, What makes Asset Securitization Inefficient? Working Paper # 603, Berkeley Electronic Press.

(4): See: Schwarcz S. (1999). Rethinking Freedom of Contract: A Bankruptcy Paradigm, Texas Law Review, 77: 515-599. See: Klee K & Butler, Asset-Backed Securitization, Special Purpose Vehicles and Other Securitization Issues. Uniform Commercial Code Law Journal, 35( 2). See: Carlson D (1998). The Rotten Foundations of Securitization, William & Mary Law Review, 39: See: Janger, Edward J, Muddy Rules For Securitizations, Fordham Journal of Corporate & Financial Law, 2002. See: Lois R. Lupica, Circumvention of the Bankruptcy Process: The Statutory Institutionalization of Securitization, 33 CONN. L. REV. 199 (2000). See: Steven L. Schwarcz, The Inherent Irrationality of Judgment Proofing, 52 STAN. L. REV. 1 (1999). See: S. 420, 107th Cong. 912 (2001); H.R. 333, 107th Cong. 912 (2001). See: Steven L. Schwarcz, The Impact on Securitization of Revised UCC Article 9, 74 Cm. KENT L. REV. 947 (1999) (“Revised Article 9 attempts to broaden its coverage to virtually all securitized assets”). See: Claire A. Hill, Securitization: A Low-Cost Sweetener for Lemons, 74 WASH. U. L.Q. 1061 (1996). See: Yamazaki Kenji, What makes Asset Securitization Inefficient? (2005); Berkeley Electronic Press, Working Paper #603. See: Saayman, Andrea, Securitization and Bank Liquidity In South Africa, Working Paper, Potchefstroom University, South Africa.

See: Sargent Patrick, Structural and Legal Issues in Commercial Mortgage Securitization Transactions, November 1, 2004.

(5): See: Schwarcz S. (2004). Is Securitization Legitimate? International Financial Law Review, 2004 Guide To Structured Finance, pp.115. See additionally: Schwarcz S (2002). The Universal Language of International Securitization, Duke (University) Journal of Comparative and International Law, 12:285-300. See: Frankel T., Cross-Border Securitization: Without Law But Not Lawless, Duke Journal of Comparative and International Law, 8: 255-265.

See further: Kanda H. Securitization In Japan, Duke Journal of Comparative and International Law, 8: 359-370. See: Klee K & Butler B. Asset-Backed Scuritization, Special Purpose Vehicles and Other Securitization Issues, Uniform Commercial Code Law Review, 35(3):23-33. See: Higgin E & Mason J. (2004). What Is The Value of Recourse To ABS? A Study of The Credit Card Bank ABS Rescue, Journal of Banking & Finance, 28(4):857-874. See: Carlson D (1998), The Rotten Foundations of Securitization, William & Mary Law Review, 39: See: Elmer P., Conduits: Their Structure and Risk, FDIC Banking Review, pp. 27-40.

See: Dawson P. Ratings Games With Contingent Transfer: A Structured Finance Illusion, Duke Journal of Comparative & International Law, 8: 381-391.

(6): See: Fogie v. Thorn, 95 F3d 645 (CA8, 1996) (cert. den.) 520 US 1166; Police v. National Tax Funding LP, 225 F3d 379 (CA3, 2000); Najarro v. SASI Intern. Ltd, 904 F2d 1002 (CA5, 1990) (cert. den.) 498 US 1048; Video Trax v. Nationsbank NA, 33 Fsupp2d 1041 (S.D.Fla.,1998) (affirmed) 205 F3d 1358(cert. den.) 531 US 822; In Re Tammy Jewels, 116 BR 290 (M.D.Fla., 1990); and: ECE technologies v. Cherrington Corp., 168 F3d 201 (CA5, 1999); Colony Creek Ltd. v. RTC, 941 F2d 1323 (CA5, 1991) (rehearing denied); Sterling Property Management v. Texas Commerce Bank, 32 F3d 964 (CA5, 1994); Pearcy Marinev. Acadian offshore Services, 832 Fsupp 192 (S.D.TX, 1993); In Re Venture Mortgage Fund LP, 245 BR 460 (SDNY, 2000); In Re Donnay, 184 BR 767 (D.Minn, 1995); Johnson v. Telecash Inc., 82 FSupp2d 264 (D.Del., 1999) (reversed in part) 225 F2d 366 (cert. denied) 531 US 1145; Shelton v. Mutual Savings & Loan Association, 738 FSupp 50 (E.D.Mich., 1990); S.E.C. v. Elmas Trading Corporation, 638 F. Supp 743 (D.Nevada, 1987) (affirmed) 865 F2d 265; contrast: J2 Smoke Shop Inc. v. American Commercial Capital Corp., 709 FSupp 422 (SDNY 1989) (cost of funds); In Re Powderburst Corp., 154 BR 307 (E.D.Cal. 1993) (original issue discount); In Re Wright, 256 BR 626 (D.Mont., 2000) (difference between the face amount and amount actually recovered or owed by debtor); In Re MCCorhill Pub. Inc., 86 BR 283 (SDNY 1988); In Re Marill Alarm Systems, 81 BR 119 (S.D.Fla., 1987) (affirmed) 861 F2d 725; In Re Dent, 130 BR 623 (S.D.GA, 1991); In Re Evans, 130 BR 357 (S.D.GA, 1991); contrast: In Re Cadillac Wildwood Development, 138 BR 854 (W.D. Mich., 1992) (closing costs are interest costs); In Re Brummer, 147 BR 552 (D.Mont., 1992); In Re Sunde, 149 BR 552 (D.Minn., 1992); Matter of Worldwide Trucks, 948 F2d 976 (CA5,1991) (agreement concerning applicable interest rate may be established by course of conduct); Lovick v. Ritemoney Ltd, 378 F3d 433 (CA5, 2004); In Re Shulman Transport, 744 F2d 293 (CA2, 1984); Torelli v. Esposito, 461 NYS2d 299 (1983) (reversed) 483 NYS2d 204; Reschke v. Eadi, 447 NYS2d 59 (NYAD4, 1981); Elghanian v. Elghanian, 717 NYS2d 54( NYAD1, 2000) (leave to appeal denied) 729 NYS2d 410 (here, there was no consideration in exchange for loan, and transaction violated usury laws); Karas v. Shur, 592 NYS2d 779 (NYAD2, 1993); Simsbury Fund v. New St. Louis Associates, 611 NYS2d 557 (NYAD1, 1994); Rhee v. Dahan, 454 NYS2d 371 (NY.Sup., 1982); Hamilton v. HLT Check Exchange, LLP, 987 F. Supp. 953 (E.D. Ky. 1997); Turner v. E-Z Check Cashing of Cookeville, TN, Inc., 35 F.Supp.2d 1042 (M.D. Tenn. 1999); Hurt v. Crystal Ice & Cold Storage Co., 286 S.W. 1055, 1056-57 (Ky. 1926); Phanco v. Dollar Financial Group., Case No. CV99-1281 DDP (C.D. Cal., filed Feb. 8, 1999). See: Van Voris, B. (May 17, 1999) ‘‘Payday’ Loans Under Scrutiny’, National Law Journal, p. B1.

(7): See: 26 U.S.C. § 7201. 26 USC Subtitle F, Chapter 75.
See: Cheek v. United States, 498 U.S. 192 (1991).

(8): SEC v. Towers Financial Corp. et al., 93 Civ. 744 (WK) (S.D.N.Y.)

(9): See: Schwarcz Steven, Enron and The Use and Abuse of Special Purpose Entities In Corporate Structures, 70 U. Cin. L. Rev. 1309 (2002). See: Schwarcz, Steven, Securitization Post-Enron, 25 Cardozo L. Rev. 1539 (2004). See: Thomas Plank, 2004 Symposium: The Security of Securitization and The Future of Security, 25 Cardozo L. Rev. 1655 (2004).

See further: Thomas H., Effects of Asset Securitization On Seller Claimants, Journal of financial Intermediation, 10: 306-330. See: Yamazaki, Kenji, What Makes Asset Securitization Inefficient? Working Paper # 603, Berkeley Electronic Press.

(10): The Uniform Fraudulent Transfer Act reads as follows:

SECTION 4: TRANSFERS FRAUDULENT AS TO PRESENT AND FUTURE CREDITORS:

(a) A transfer made or obligation incurred by a debtor is fraudulent as to a creditor, whether the creditor’s claim arose before or after the transfer was made or the obligation was incurred, if:

(1) with actual intent to hinder, delay, or defraud any creditor of the debtor; or (2) without receiving a reasonably equivalent value in exchange for the transfer or obligation, and the debtor:

(i): was engaged or was about to engage in a business or a transaction for which the remaining assets of the debtor were unreasonably small in relation to the business or transaction; or:
(ii): intended to incur, or believed or reasonably should have believed that he [or she] would incur, debts that would be beyond his [or her] ability to pay as they became due.

(b) In determining actual intent under subsection (a)(1), consideration may be given, among other factors, to whether:

(1): The transfer or obligation was to an insider;
(2): The debtor retained possession or control of the property transferred after the transfer;
(3): The transfer or obligation was disclosed or concealed;
(4): Before the transfer was made or obligation was incurred, the debtor had been sued or threatened with suit;
(5): The transfer was of substantially all the debtor’s assets;
(6): The debtor absconded;
(7): The debtor removed or concealed assets;
(8): The value of the consideration received by the debtor was reasonably equivalent to the value of the asset transferred or the amount of the obligation incurred;
(9): The debtor was insolvent or became insolvent shortly after the transfer was made or the obligation was incurred;
(10): The transfer occurred shortly before or shortly after a substantial debt was incurred; and:
(11): The debtor transferred the essential assets of the business to a lienor who transferred the assets to an insider of the debtor. Under both the US Bankruptcy Code and UFTA (Section 544 of the US Bankruptcy Code also allows unsecured creditors to sue in Federal Bankruptcy Court using applicable State), judges must determine whether there has been Fraudulent Conveyance. Courts have developed a series of factors as criteria for proving the requisite intent. The factors to be considered (“badges of fraud”) in determining Fraudulent Conveyance include:

• Whether the transfer represented substantially all of the debtor’s assets.
• Whether the transfer was made around the time a substantial debt was incurred.
• Whether the debtor received reasonable consideration equivalent to the value of the assets conveyed or the obligation incurred.
• Whether the debtor became insolvent soon after the transfer.
• Whether the transfer was made to insiders or family members.
• Whether the transfer or the assets were concealed

(11): See: Roman Dan, Sarlito M & Mukhtiar A (Winter 2007), Risks to Consider when purchasing Technology-based IP for Securitization, Working Paper. See additionally: Nolan Anthony, Synthetic Securitizations and Derivatives Transactions by Banks: Selected Regulatory Issues, The Journal of Structured Finance, Fall 2006. See: Lucas Douglas, Goodman Laurie & Fabozzi Frank, Hybrid Assets in an ABS CDO: Structural Advantages and Cash Flow Mechanics, Journal of Structured Finance (Fall 2006). See further: Prince, Jeffrey, A General Review of CDO Valuation Methods, Journal of Structured and Project Finance (Summer 2006).

(12): See: Peter V. Pantaleo et al., Rethinking the Role of Recourse in the Sale of Financial Assets, 52 Bus. Law. 159, 159-63 (1996) (discussing types of permissible and impermissible recourse for sale treatment). See: Thomas E. Plank, The True Sale of Loans and the Rôle of Recourse, 14 GEO. MASON L. Rev. 287 (1991). See: Gordon T (2000). Securitization of Executory Future Flows As bankruptcy-Remote True Sales, University of Chicago Law Review, 67:1317-1322. See: Higgin E & Mason J (2004). What Is The value of Recourse To Asset-Backed Securities? A Study of Credit Card Bank ABS Rescues, Journal of Banking & Finance, 28(4); 857-874.

(13): See: Peter V. Pantaleo et al., Rethinking the Rôle of Recourse in the Sale of Financial Assets, 52 Bus. Law. 159, 159-63 (1996) (discussing types of permissible and impermissible recourse for sale treatment); See: Thomas E. Plank, The True Sale of Loans and the Role of Recourse, 14 GEO. MASON L. Rev. 287 (1991). See: Higgin E. & Mason J. (2004), What Is The value of Recourse To Asset-Backed Securities? A Study of Credit Card Bank ABS Rescues, The Journal of Banking & Finance, 28(4); 857-874. See: Lois R. Lupica, Revised Article 9, Securitization Transactions and the Bankruptcy Dynamic, 9 AM. BANKR. INST. L. REV. 287, 291-92 (2001). See: Carol M. Rose, Crystals and Mud in Property Law, 40 STAN. L. REV. 577, 600 (1988). See: Louis Kaplow, Rules Versus Standards: An Economic Analysis, 42 Duke L.J. 557 (1992).

(14): See: Yamazaki, Kenichi, What makes Asset Securitization Inefficient?, 2005.
Working Paper #603, Berkeley Electronic Press.

(15): See: Yamazaki (2005), supra.

(16): See: Schwarcz (2002), supra. See: Schwarcz (2004), supra. See: Klee & Butler, supra. See: Lipson J C (2002). Enron, Asset Securitization and Bankruptcy Reform: Dead or Dormant? Journal
of Bankruptcy Law & Practice, 11: 1-15. See: Lupica L (2001). Revised Articles Nine, Securitization Transactions and The Bankruptcy Dynamic, American Bankruptcy Institute Law Review, 9:287-299. See: Garmaise M (2001), Rational Beliefs and Security Design, Review of Financial Studies, 14(4):1183-1213. See: David A (1997), Controlling Information Premia by Repackaging Asset Backed Securities, Journal of Risk & Insurance, 64(4):619-648. See: DeMarzo P (2005), The Pooling and Tranching of Securities: A Model of Informed Intermediation, Review of Financial Studies, 18(1):1-35. See further: Report by The Committee On Bankruptcy and Corporate Reorganization of The Association of The Bar of The City of New York (2000): New Developments In Structured Finance, The Business Lawyer, 56: 95-105. See: Lupica L (2000), Circumvention of The Bankruptcy Process: The Statutory Institutionalization of Securitization, Connecticut Law Review, 33:199-209.

See further: Glover S (1992), Structured Finance Goes Chapter Eleven: Asset Securitization by the Reorganizing Companies, The Business Lawyer, 47:611-621. See: Gordon T (2000), Securitization of Executory Future Flows as bankruptcy-Remote True Sales, The University of Chicago Law Review, 67:1317-1322. See: Elmer P., Conduits: Their Stricture and Risk, FDIC Banking Review, pp.27-40. See: Lois R. Lupica, Revised Article 9, Securitization Transactions and the Bankruptcy Dynamic, 9 AM. BANKR. INST. L. REV. 287, 291-92 (2001). See: Steven L. Schwarcz, The Inherent Irrationality of Judgment Proofing, 52 STAN. L. REV. 1 (1999). See: Lynn M. LoPucki, The Irrefutable Logic of Judgment Proofing: A Reply to Professor Schwarcz, 52 STAN. L. REV. 55 (1999). See: Steven L. Schwarcz, The Impact on Securitization of Revised UCC Article 9, 74 Cm.KENT L. REV. 947 (1999) (“Revised Article 9 attempts to broaden its coverage to virtually all securitized assets”).

See: Christopher W. Frost, Asset Securitization and Corporate Risk Allocation, 72 TUL. L. REV. 101 (1997); See: Claire A. Hill, Securitization: A Low-Cost Sweetener for Lemons, 74 WASH. U. L. Q. 1061 (1996). See: Steven L. Schwarcz, Judgment Proofing: A Rejoinder, 52 STAN. L. REV. 77 (1999).

(17): See: Reams B & Manz W (eds.), FEDERAL BANKRUPTCY LAW: A LEGISLATIVE HISTORY OF THE BANKRUPTCY REFORM ACT OF 1994. See further: The Legislative History of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005; (FRB Leg. Hist); (S. 256 -LoC); Pub. L. 109-8, April 20, 2005, 119 Stat, 23. http://www.llsdc.org/sourcebook/leg-hist.htm.

See: Bankruptcy Reform Act of 1978: A Legislative History, Hein. See: Federal Bankruptcy Law: A Legislative History of The Bankruptcy Act of 1994; Pub. L. No. 103-394, 108 Stat. 4106, including the National Bankruptcy Commission Act and Bankruptcy Amendments (1987-1993).

See further: Ahern, Lawrence (Spring 2001). “Workouts” Under Revised Article Nine: A Review of Changes and Proposal For Study, American Bankruptcy Institute Law Review, 9:115-125.

See also: Ribstein, Larry & Kobayashi, Bruce (1996), An Economic Analysis of Uniform State Laws, Journal of Legal Studies, 25(1):131-199.

(18): See: Ashta A & Tolle L (2000), Criteria for Selecting Restructuring Strategies for Distressed or Declining Enterprises, Cahners Du Ceren, 6:1-20. See: Carlson D (1998). The Rotten Foundations of Securitization, William & Mary Law Review, 39. See: Higgin E & Mason J (2004), What is the value of Recourse to Asset-Backed Securities? A Study of Credit Card Bank ABS Rescues, in the Journal of Banking & Finance, 28(4); 857-874. See: Albany Insurance v. Esses, 831 F2d 41 (CA2, 1987) (making false statements about value of asset was a “predicate act”); Howell Hydrocarbons v. Adams, 897 F2d 183 (CA5 1990) (under Federal R.I.C.O. statutes, making a company look solvent when its not, constitutes a ‘predicate act’); The Matter of Lewisville Properties, 849 F2d 946 (CA5, 1988) (under Federal R.I.C.O., false pretenses constitutes ‘predicate acts’). See also: Bens D & Monahan S (Feb. 2005), Altering Investment Decisions to [conform to] Management Financial Reporting Outcomes: Asset Backed Commercial Paper Conduits and FIN 46, Working Paper.

(19): In the following cases, the named courts held that pre-petition waivers of the right to file for voluntary/involuntary bankruptcy, were unenforceable. See: In Re Huang, 275 F3d 1177 (CA9, 2002) (it is against public policy for a debtor to waive the pre-petition protection of the Bankruptcy Code); In Re South East Financial Associates, 21 BR 1003 (M.D.Fla, 1997); And: In Re Tru Block Concrete Products Ins., 27 BR 486 (E.D.Pa., 1995) (advance agreement to waive the benefits of bankruptcy law is void as against public policy); In Re Madison, 184 BR 686, 690 (E.D.Pa, 1995) (even bargained-for and knowing waivers of the right to seek bankruptcy protection must be deemed void); In Re Club Tower LP, 138 BR 307 at 312 (N.D.Ga, 1991); In Re Graves, 212 BR 692 (BAP, CA1, 1997); In Re Pease, 195 BR 431 (D.Neb., 1996); And: In Re Jenkins Court Associates Ltd. Partnership, 181 BR 33 (E.D.Pa., 1995); In Re Sky Group International Inc., 108 BR 86 (W.D.Pa., 1989); Association of St.Croix Condominium Owners v. St. Croix Hotel Corp., 692 F2d 446 (CA3, 1982).

But contrast: In Re University Commons LP, 200 BR 255 (M.D.Fla.) (debtors agreement that in the event debtor enters bankruptcy proceedings, the secured lender shall be entitled to court order dismissing the case as ‘bad faith’ filing an determining that: (i) no rehabilitation or reorganization is possible, and (ii) dismissing all creditor/ ABS-investor’s right to file for involuntary bankruptcy 21, 22: US courts have repeatedly asserted that bankruptcy proceedings are in the best interests of parties and all other creditors, and this is binding); In Re Little Creek Development, 779 F2d 1068 (CA5, 1986). See: 124 Congr. Record H 32, 401 (1978).

(20): There are several cases that hold that pre-petition waivers of the right to file for voluntary or involuntary bankruptcy, are enforceable: thus: In Re Shady Grove tech Center Associates Limited Partnership, 216 BR 386 (D.Md., 1998) (waiver of the right to file for bankruptcy is unenforceable) (opinion supplemented) 227 BR 422 (D.Md., 1998); In Re Atrium High Point Ltd. partnership, 189 BR 599 (MDNC 1995); In Re Darrell Creek Associates, 187 BR 908 (DSc, 1995); In Re Cheeks, 167 BR 817 (D.Sc, 1997); In Re McBride Estates, 154 BR 339 (N.D.Fla., 1993); In Re citadel Properties, 86 BR 275, MD.Fla., 1988); In Re Gulf Beach Development Corp., 48 BR 40 (M.D.Fla., 1985).

However, these cases are very distinguishable from standard securitization transactions because the following characteristics and/or conditions existed in these cases: (a) they involve only single-asset entities; (b) these entities had no employees; (c) the timing of filing of bankruptcy petition indicates an intent to delay or to frustrate creditors’ proper efforts to enforce their rights after a workout had failed; (d) there were no or few unsecured non-insider creditors (those existing had small claims); (e) there was no realistic chance of rehabilitation or reorganization; (f) the assets did not produce any cashflow.

(21): See cases cited in Notes 5, 6, 19 and 20.

(22): On pre-petition waivers of right to file for bankruptcy and waivers of bankruptcy stays, see: In re Huang, 275 F.3d 1173, 1177 (9th Cir. 2002) (“It is against public policy for a debtor to waive the pre-petition protection of the Bankruptcy Code”); In re Shady Grove Tech Center Assocs. Limited Partnership, 216 B.R. 386, 389 (Bankr. D. Md. 1998) (“The courts have uniformly held that a waiver of the right to file a bankruptcy case is unenforceable”); In re Tru Block Concrete Prods., Ins., 27 B.R. 486, 492 (Bankr. E.D. Pa. 1995) (advance agreement to waive the benefits conferred by bankruptcy law is void as against US public policy); In re Madison, 184 B.R 686, 690 (Bankr. E.D. Pa. 1995) (even bargained-for and knowing waivers of the right to seek bankruptcy protection must be deemed void); In re Club Tower L.P., 138 B.R. 307, 312 (Bankr. N.D. Ga. 1991); further, In re Orange Park S. Partnership, 79 B.R. 79, 82 (Bankr. M.D. Fla. 1987); In re Aurora Invs., 134 B.R. 982, 985 (Bankr. M.D. Fla. 1991) (debtor’s agreement that petition, if filed, would be in “bad faith” if its primary purpose is to delay foreclosure sale, is binding); In re University Commons, L.P., 200 B.R. 255, 259 (Bankr. M.D. Fla. 1996) (debtor’s agreement that in the event that debtor becomes subject of bankruptcy case secured lender shall be entitled to order dismissing case as “bad faith” filing and determining that (i) no rehabilitation or reorganization is possible, and (ii) dismissing all court proceedings is in the best interest of parties and all other creditors, is binding); In Re Little Creek Dev. Co., 779 F.2d 1068, 1073 (5th Cir. 1986). 47212 B.R. 1003, 1005 (Bankr. M.D. Fla. 1997). See: 124 Cong. Rec. H 32, 401 (1978) (“The explicit reference in Title-11 forbidding the waiver of certain rights is not intended to imply that other rights, such as the right to file a voluntary bankruptcy case under section 301, maybe waived”). See further: Klee, Kenneth & Butler, Brendt, Asset-backed Securitization, Special Purpose Vehicles and Other Securitization, Working Paper. Cases that enforced pre-petition waivers of the automatic stay focus upon:

(i): The financial sophistication of the borrower;
(ii): The creditor’s demonstration that significant consideration was given
for the pre-petition waiver;
(iii): The effect of the enforcement of the pre-petition waiver upon other
parties having legitimate interests in the outcome;
(iv): Circumstances of the parties at the time enforcement of the pre-petition waiver is sought;
(v): The enforcement of the pre-petition waiver being consistent
with public policy of encouraging out of court restructurings and settlements with creditors; and:
(vi): Other indicia which support granting relief from stay, such as “bad faith” criteria (i.e. single-asset case, two-party dispute, long history of pre-petition workouts, newly formed entity, filing on eve of foreclosure, no ongoing business to reorganize, few employees, no unencumbered funds, etc.). Cases that held that pre-petition stay waivers were enforceable include: In Re Shady Grove Tech Ctr. Assocs., L.P., 216 B.R.386, 390 (Bankr. D. Md. 1998); In Re Atrium High Point L.P., 189 B.R. 599, 607 (Bankr. M.D.N.C. 1995); In Re Darrell Creek Assocs., L.P., 187 B.R. 908, 910 (Bankr. D.S.C. 1995); In Re Cheeks, 167 B.R. 817, 818 (Bankr. D.S.C. 1994); In Re Powers, 170 B.R. 480, 483 (Bankr. D. Mass. 1994); In Re McBride Estates, Ltd., 154 B.R. 339, 343 (Bankr. N.D. Fla. 1993); In Re Citadel Properties, Inc., 86 B.R. 275, 276 (Bankr. M.D. Fla. 1988); In Re Gulf Beach Development Corp., 48 B.R. 40, 43 (Bankr. M.D. Fla. 1985).

Several courts, however, have refused to enforce pre-petition waivers
for any of the following reasons:

(i): The pre-petition waiver is the equivalent to an ipso facto clause;
(ii): Such clause is void as against public policy by depriving the debtor
of the use and benefit of property upon the filing of a bankruptcy case;
(iii): The borrower lacks the capacity to act on behalf of the debtor in possession;
(iv): The debtor has a business with a reasonable chance at reorganization and enforcement of the waiver would otherwise prejudice third-party creditors;
(v): The automatic stay is designed to protect all creditors and may not be waived by the debtor unilaterally to the detriment of creditors; and:
(vi): The waiver was obtained by coercion, fraud or mutual mistake of facts. Courts that have refused to enforce pre-petition waivers of the automatic stay have reasoned that the automatic stay protects not only debtors but also other creditors. US Courts disagree sharply about the utility, benefits and desirability of the enforcement of pre-petition waivers, and relevant criteria. Some courts have held that a pre-petition automatic stay waiver may be considered as a factor in determining whether cause exists for relief from the stay.

See aslo: In Re Darrell Creek Assocs., L.P., 187 B.R. 908, 913 (Bankr. D.S.C. 1995) (“out of court workouts are to be encouraged and are often effective”); In Re Cheeks, 167 B.R. 817, 819 (Bankr. D.S.C. 1994) (“the most compelling reason for enforcement of the forbearance agreement is to further the public policy in favor of encouraging out of court restructuring and settlements”);
In Re Club Tower L.P., 138 B.R. 307, 312 (Bankr. N.D. Ga. 1991) (“enforcing pre-petition settlement agreements furthers the legitimate public policy of encouraging out of court restructurings and settlements”). Cases holding pre-petition automatic stay waivers unenforceable include: In Re Southeast Financial Assocs., Inc., 212 B.R. 1003, 1005 (Bankr. M.D. Fla. 1997); In Re Graves, 212 B.R. 692, 694 (B.A.P. 1st Cir. 1997); In Re Pease, 195 B.R. 431, 433 (Bankr. D. Neb. 1996); In Re Jenkins Court Assocs. L.P., 181 B.R. 33, 37 (Bankr. E.D. Pa. 1995);Farm Credit of Cent. Fla., ACA v. Polk, 160 B.R. 870, 873-74 (M.D. Fla. 1993); Farm Credit of Cent. Fla., ACA v. Polk, 160 B.R. 870, 873-74 (M.D. Fla. 1993) (”The policy behind the automatic stay is to protect the debtor‘s estate from being depleted by creditor’s lawsuits and seizures of property before the debtor has had a chance to marshal the estate’s assets and distribute them equitably among creditors“); In Re Sky Group Int’l, Inc., 108 B.R. 86, 89 (Bankr. W.D. Pa. 1989) (”To grant a creditor relief from stay simply because the debtor elected to waive the protection afforded the debtor by the automatic stay ignores the fact that it also is designed to protect all creditors and to treat them equally“) (citing Assoc. of St. Croix Condominium Owners v. St. Croix Hotel Corp., 682 F.2d 446 (3d Cir. 1982)). Also see: In re Shady Grove Tech Ctr. Assocs., L.P., 216 B.R. 386, 393-94 (Bankr. D. Md. 1998); In re S.E. Fin. Assocs., Inc., 212 B.R. 1003, 1005 (Bankr. M.D. Fla. 1997); In re Darrell Creek Assocs., L.P., 187 B.R. 908, 910 (Bankr. D.S.C. 1995); In re Powers, 170 B.R. 480, 483 (Bankr. D. Mass. 1994); In re Cheeks, 167 B.R. 817, 819 (Bankr. D.S.C. 1994); In Re Shady Grove Tech Ctr. Assocs., L.P., 216 B.R. 386, 393-94 (Bankr. D. Md. 1998) (granting a stay relief for cause based upon a finding which included debtor’s pre-petition agreement not to contest request for stay relief given as part of pre-petition restructuring in which debtor was afforded substantial consideration). See: Steven L. Schwarcz, Rethinking Freedom of Contract: A Bankruptcy Paradigm, 77 Tex. L. Rev. 515 (1999). See: In Re Club Tower L.P., 138 B.R. 307, 311-12 (Bankr. N.D. Ga. 1991).

(23): See: Schwarcz S. (1999). Rethinking Freedom of Contract: A Bankruptcy Paradigm, Texas Law Review, 77: 515-599. See: Klee K & Butler B Asset-Backed Securitization, Special Purpose Vehicles and Other Securitization Issues, Uniform Commercial Code Law Journal, 35(2):. See: Carlson D (1998), The Rotten Foundations of Securitization, William & Mary Law Review, 39:

(24): See notes 5, 6, 19 and 20, supra.

(25): See: Shakespeare C (2003). Do Managers Use Securitization Volume and Fair Value Estimates To Hit Earning Targets? Working Paper, University of Michigan (School of Business). See further: Shakespeare C (2001), Accounting For Asset Securitizations: Complex Fair Values and Earnings Management, Working Paper, University of Michigan.

(26): Wooten v. Loshbough, 649 Fsupp 531 (N.D.Ind. 1986) (on reconsideration) 738 Fsupp 314 (affirmed) 951 F2d 768 (under Federal R.I.C.O. statutes, the stripping of a company’s ability to pay a Court-ordered judgment claim was a ’predicate act‘).

(27): See: Kulzick R (2004). Sarbanes-Oxley: Effects on Financial
Transparency, S.A.M. Advanced Management Journal, 69(1): 43-49.

(28): See: Albany Insurance v. Esses, 831 F2d 41 (CA2, 1987) (under Federal R.I.C.O. statutes, making false statements about the value of asset was a ‘predicate act’); Howell Hydrocarbons v. Adams, 897 F2d 183 (CA5 1990) (under Federal R.I.C.O. statutes, making a company look solvent when its not, constitutes a ‘predicate act’).

(29): See: Lockheed Martin v. Boeing, 357 Fsupp2d 1350 (M.D.Fla., 2005) (bidder violated competitor’s property rights to proprietary information by using it to produce winning bids).

(30): See: Colloff M (2005), The Rôle of the Trustee in Mitigating Fraud in Structured Financings, Journal of Structured Finance, 10(4):73-85. See further: Shakespeare C (2003), Do Managers Use Securitization Volume and Fair Value Estimates to Hit Earning Targets? Working Paper, University of Michigan (School of Business).

See: Shakespeare C (2001), Accounting For Asset Securitizations: Complex Fair Values and Earnings Management. Working Paper, University of Michigan. See: Katyal K (2003), Conspiracy Theory, The Yale Law Journal, 112(6):1307-1398.

See: Geary W (2002), The Legislative Recreation of R.I.C.O.: Reinforcing The ‘myth’ of Organized Crime, Crime, Law & Social Change, 38(4):311-315. See: Kulzick R (2004), Sarbanes-Oxley: Effects on Financial Transparency, S.A.M. Advanced Management Journal, 69(1): 43-49. See: Painter R (2004), Convergence and Competition In Rules Governing Lawyers and Auditors, The Journal of Corporation Law, 29(2):397-426. See: Jordans R. (2003), The legal approach to investment advisers in different jurisdictions, Journal of Financial Regulation and Compliance, 11(2):169-171.

See: Blanque P. (2003), Crisis and Fraud, Journal of Financial Regulation & Compliance, 11(1):60-70. See: Pickholz M & Pickholz J (2001), Manipulation, Journal of Financial Crime, 9(2):117-133. See: Zey M(1999), The subsidiarization of the securities industry and the organization of securities fraud networks to return profits in the 1980s, Work and Occupations, 26(1):50-76.

See: Aicher R, Cotton D & Khan T (2004), Credit Enhancement: Letters of Credit, Guaranties, Insurance and Swaps, The Business Lawyer, 59(3):897-973. See: Brief T & Ms Sweeney T (2003), Corporate Criminal Liability, The American Criminal Review, 40(2): 337-366. See: Landrum D (2003), Governance of limited liability companies – Contrasting California and Delaware models, The Real Estate Finance Journal, 19(1).

(31): See: 18 USC 1961-1968.

(32): See: Alexander v. Thornbough, 713 FSupp 1271 (D.Minn. 1989) (appeal dismissed) 881 F2d 1081; Mira v. Nuclear Measurements Corp., 107 F3d 466 (CA7, 1997); US v. Manzella, 782 F2d 533 (CA5, 1986)(cert. Denied.) 476 US 1123; Cadle Co v. Flanagan, 271 Fsupp2d 379 (D.Conn., 2003); Seale v. Miller, 698 Fsupp 883 (N.D.G.A., 1988); Georgia Gulf Corp. v. Ward, 701 Fsupp 1556 (NDGA 1988); Wooten v. Loshbough, 649 FSupp. 531 (N.D.Ind. 1986) (on reconsideration) 738 Fsupp 314 (affirmed) 951 F2d 768 (stripping of company’s ability to pay judgment claim was ‘predicate act’ under R.I.C.O. statutes); Formax v. Hostert, 841 F2d 388 (CAFed, 1988); Abell v. Potomac Insurance, 858 F2d 1104 (CA5, 1988) (appeal after remand) 946 F2d 1160 (cert. denied) 492 US 918; Aetna Ca. Ins. Co. v. P & B Autobody, 43 F3d 1546 (CA1, 1994); Albany Insurance v. Esses, 831 F2d 41 (CA2, 1987) (making false statements about value of asset was a “predicate act”); Alfadda v. Fenn, 935 F2d 475 (CA2, 1991)(certiorari denied) 502 US 1005; Laird v. Integrated Resources, 897 F2d 826 (CA5, 1990); Shearin v. E F Hutton, 885 F2d 1162 (CA3, 1989); Bank One of Cleveland v. Abbe, 916 F2d 1067 (CA6, 1990); BancOklahoma Mortgage Corp. v. Capital Title Co., 194 F3d 1089 (CA10, 1999); Howell Hydrocarbons v. Adams, 897 F2d 183 (CA5 1990) (under Federal R.I.C.O. statutes, making a company look solvent when its not, constitutes a ‘predicate act’); Matter of Lewisville Properties, 849 F2d 946 (CA5, 1988) (false pretenses constitutes ‘predicate acts’).

See: Securities Investor Protection Corp. v. Vigman, 908 F2d 1461 (CA9, 1990); International Data Bank v. Zepkin, 812 F2d 149 (CA4, 1987); Warner v. Alexander Grant & Co., 828 F2d 14528 (CA11, 1987); Mauriber v. Shearson/American Express, 546 FSupp 391 (SDNY, 1982); Farmers Bank F Delaware v. Bell Mortgage Corp., 452 FSupp 1278 (D.Del, 1978); Moss v. Morgan Stanley Inc., 719 F2d 5 (CA2, 1983); USACO Coal v. Carbomin Energy Inc., 689 F2d 94 (CA6, 1982); Binkley v. Shaeffer, 609 FSupp 601 (E.D.Pa., 1985); Sedima v. Imrex Co., 473 US 479 (1985) . See: Glanz M (1983). R.I.C.O. and Securities Fraud: A Workable Limitation, Columbia Law Review, 6:1513-1543. See: Masella J (1991), Standing to Sue In A Civil R.I.C.O. Suit Predicated On Violation OF SEC Rule 10b-5: The Purchase Or Sale Requirement, Columbia Law Review, 91(7):1793-1812. See: Coffey P (1990), The Selection, Analysis and Approval of Federal R.I.C.O. Prosecutions, Notre Dame Law Review, 65: 1035-1055. See: Matthews A (1990), Shifting The Burden of Losses In The Securities Markets: The Rôle of Civil R.I.C.O. In Securities Litigation, Notre Dame Law Review, 65: 896-906.

(33): See: Bradford National Clearing Corp. v. SEC, 590 F2d 1085 (DCCir, 1978); In Re Stock Exchanges Options Trading Antitrust Litigation, 317 F3d 134 (CA2, 2003); Gordon v. NYSE, 422 US 659 (1975); National Gerimedical Hospital v. Blue Cross of Kansas City, 452 US 378 (1981); Silver v. NYSE, 373 US 341 (1963) (no Antitrust immunity); Strobl v. NY Mercantile Exchange, 768 F2d 22.

(34), (35):
§ 1 Sherman Act, 15 U.S.C. § 1:

Trusts, etc., in restraint of trade illegal; penalty:

Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal. Every person who shall make any contract or engage in any combination or conspiracy hereby declared to be illegal shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by a fine not exceeding $10,000,000 if a corporation, or, if any other person, $350,000, or by imprisonment not exceeding three years, or by both said punishments, in the discretion of the court.

§ 2 Sherman Act, 15 U.S.C. § 2:

Monopolizing trade a felony; penalty:

Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $10,000,000 if a corporation, or, if any other person, $350,000, or by imprisonment not exceeding three years, or by both said punishments, in discretion of the court.

§ 3 Sherman Act, 15 U.S.C. § 3:

Trusts in Territories or District of Columbia illegal; combination a felony:

Every contract, combination in form of trust or otherwise, or conspiracy, in restraint of trade or commerce in any Territory of the United States or of the District of Columbia, or in restraint of trade or commerce between any such Territory and another, or between any such Territory or Territories and any State or States or the District of Columbia (DC), or with foreign nations, or between the District of Columbia and any State or States or foreign nations, is declared illegal. Every person who shall make any such contract or engage in any such combination or conspiracy, shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $10,000,000 if a corporation, or, if any other person, $350,000, or by imprisonment not exceeding three years, or by both said punishments, in the discretion of the court.

3. CLAYTON ACT, 15 U.S.C. §§ 12-27, 29 U.S.C. §§ 52-53:

• § 1 Clayton Act, 15 U.S.C. § 12 Definitions; short title:

§ 1 Clayton Act, 15 U.S.C. § 12 Definitions; short title:
(a) “Antitrust laws”, as used herein, includes the Act entitled:
‘An Act to protect trade and commerce against unlawful restraints and monopolies’, approved July second, eighteen hundred and ninety; sections seventy-three to seventy-seven, inclusive, of an Act entitled ‘An Act to reduce taxation, to provide revenue for the Government, and for other purposes’, of August 27th, eighteen hundred and ninety-four; an Act entitled ‘An Act to amend sections seventy-three and seventy-six of the Act of August twenty-seventh, eighteen hundred and ninetyfour’, entitled ‘An Act to reduce taxation, to provide revenue for the Government, and for other purposes’, approved February twelfth, nineteen hundred and thirteen; and also this Act.

‘Commerce’, as used herein, means trade or commerce among the several States and with foreign nations, or between the District of Columbia or any Territory of the United States and any State, Territory, or foreign nation, or between any insular possessions or other places that are under the jurisdiction of the United States, or between any such possession or place and any US State or Territory of the United States or the District of Columbia or any foreign nation, or within the District of Columbia or any Territory or any insular possession or other place under the jurisdiction of the United States:

Provided, That nothing in this Act contained shall apply to the Philippine Islands. The word ‘person’ or ‘persons’ wherever used in this Act shall be deemed to include corporations and associations existing under or authorized by the laws of either the United States, the laws of any of the Territories, the laws of any State, or the laws of any foreign country.

(b) This Act may be cited as the “Clayton Act”.

• § 2 Clayton Act, 15 U.S.C. §§ 13(2):

Discrimination in price, services, or facilities:

(a) Price; selection of customers:

It shall be unlawful for any person engaged in commerce, in the course of such commerce, either directly or indirectly, to discriminate in price between different purchasers of commodities of like grade and quality, where either or any of the purchases involved in such discrimination are in commerce, where such commodities are sold for use, consumption, or resale within the United States or any Territory thereof or the District of Columbia or any insular possession or other place under the jurisdiction of the United States, and where the effect of such discrimination may be substantially to lessen competition or tend to create a monopoly in any line of commerce, or to injure, destroy, or prevent competition with any person who either grants or knowingly receives the benefit of such discrimination, or with customers of either of them: Provided, That nothing herein contained shall prevent differentials which make only due allowance for differences in the cost of manufacture, sale, or delivery resulting from the differing methods or quantities in which such commodities are to such purchasers sold or delivered:

Provided, however, That the Federal Trade Commission may, after due investigation and hearing to all interested parties, fix and establish quantity limits, and revise the same as it finds necessary, as to particular commodities or classes of commodities, where it finds that available purchasers in greater quantities are so few as to render differentials on account thereof unjustly discriminatory or promotive of monopoly in any line of commerce; and the foregoing shall then not be construed to permit differentials that are based on differences in quantities greater than those so fixed and established: and provided further, That nothing herein contained shall prevent persons engaged in selling goods, wares, or merchandise in commerce from selecting their own customers in bona fide transactions and not in restraint of trade: and provided further, That nothing herein contained shall prevent price changes from time to time where in response to changing conditions affecting the market for or the marketability of the goods concerned, such as but not limited to actual or imminent deterioration of perishable goods, obsolescence of seasonal goods, distress sales under court process, or sales in good faith in discontinuance of business in the goods concerned.

(b) Burden of rebutting prima-facie case of discrimination:

Upon proof being made, at any hearing on a complaint under this section, that there has been discrimination in price or services or facilities furnished, the burden of rebutting the prima-facie case thus made by showing justification shall be upon the person charged with a violation of this section, and unless justification shall be affirmatively shown, the Commission is authorized to issue an order terminating the discrimination: Provided, however, That nothing herein contained shall prevent a seller rebutting the prima-facie case thus made by showing that his lower price or the furnishing of services or facilities to any purchaser or purchasers was made in good faith to meet an equally low price of a competitor, or the services or facilities furnished by a competitor.

(c) Payment or acceptance of commission, brokerage, or other compensation: It shall be unlawful for any person engaged in commerce, in the course of such commerce, to pay or grant, or to receive or accept, anything of value as a commission, brokerage, or other compensation, or any allowance or discount in lieu thereof, except for services rendered in connection with the sale or purchase of goods, wares, or merchandise, either to the other party to such transaction or to an agent, representative, or other intermediary therein where such intermediary is acting in fact for or in behalf, or is subject to the direct or indirect control, of any party to such transaction other than the person by whom such compensation is so granted or paid.

(d) Payment for services or facilities for processing or sale:

It shall be unlawful for any person engaged in commerce to pay or contract for the payment of anything of value to or for the benefit of a customer of such person in the course of such commerce as compensation or in consideration for any services or facilities furnished by or through such customer in connection with the processing, handling, sale, or offering for sale of any products or commodities manufactured, sold, or offered for sale by such person, unless such payment or consideration is available on proportionally equal terms to all other customers competing in the distribution of such products or commodities.

(e) Furnishing services or facilities for processing, handling, etc.: It shall be unlawful for any person to discriminate in favor of one purchaser against another purchaser or purchasers of a commodity bought for resale, with or without processing, by contracting to furnish or furnishing, or by contributing to the furnishing of, any services or facilities connected with the processing, handling, sale, or offering for sale of such commodity so purchased upon terms not accorded to all purchasers on proportionally equal terms.

(f) Knowingly inducing or receiving discriminatory price:
It shall be unlawful for any person engaged in commerce, in the course of such commerce, knowingly to induce or receive a discrimination in price which is prohibited by this section. Discrimination in rebates, discounts, or advertising service charges; underselling in particular localities; penalties:

• 15 U.S.C. § 13a:

It shall be unlawful for any person engaged in commerce, in the course of such commerce, to be a party to, or assist in, any transaction of sale, or any contract to sell, which discriminates to his knowledge against competitors of the purchaser, in that, any discount, rebate, allowance, or advertising service charge is granted to the purchaser over and above any discount, rebate, allowance, or advertising service charge available at the time of such transaction to the said competitors in respect of a sale of goods of like grade, quality, and quantity; to sell, or to contract to sell, goods in any part of the United States at prices lower than those exacted by said person elsewhere in the United States for the purpose of destroying competition, or of eliminating a competitor in such part of the United States; or, to sell, or contract to sell, goods at unreasonably low prices for the purpose of destroying competition or eliminating a competitor.

• Any person violating any of the provisions of this section shall, upon conviction thereof, be fined not more than $5,000 or imprisoned not more than one year, or both.

• 15 U.S.C. § 13b:

Cooperative association; return of net earnings or surplus:
Nothing in sections 13 to 13b and 21a of this title shall prevent a cooperative association from returning to its members, producers, or consumers the whole, or any part of, the net earnings or surplus resulting from its trading operations, in proportion to their purchases or sales from, to, or through the association.

• § 3 Clayton Act, 15 U.S.C. § 14:

Sale, etc., on agreement not to use goods of competitor:

It shall be unlawful for any person engaged in commerce, in the course of such commerce, to lease or make a sale or contract for sale of goods, wares, merchandise, machinery, supplies, or other commodities, whether patented or unpatented, for use, consumption, or resale within the United States or any Territory thereof or the District of Columbia or any insular possession or other place under the jurisdiction of the United States, or fix a price charged therefor, or discount from, or a rebate upon, such price, on the condition, agreement, or the understanding that the lessee or the purchaser thereof shall not use or deal in the goods, wares, merchandise, machinery, supplies, or other commodities of a competitor or competitors of the lessor or seller, where the effect of such lease, sale, or contract for sale or such condition, agreement, or understanding may be to substantially lessen competition or tend to create a monopoly in any line of commerce.

• FTC Regulations: Section 5 of the Federal Trade Commission Act outlaw ”unfair methods of competition“ but do not define unfair. The Supreme Court has ruled that violations of the Sherman Act are also violations of Section 5, but Section 5 covers some practices that are beyond the scope of the Sherman Act. It is the FTC’s job to enforce Section 5.

(36): See: Eastman Kodak Co v. Image technical Services, 504 US 451 (1992); Jefferson parish Hospital v. Hyde, 466 US 2 (1984); Zenith Radio Corp. v. Hazeltine Research, 395 US 100 (1969).

(37): See: Business Electronics Corp. v. Sharp Electronics Corp, 485 US 717 (1988); Copperweld Corp. v. Independence Tube, 467 US 752 (1984); Monsanto Co. v. Spray-Rite Service Corp., 465 US 752 (1984); US v. Arnold, Schwin et al, 388 US 365 (1967); USPS v. Flamingo Industries, #02-1290 (2004); Brown v. Pro Football, 518 US 213 (1996); FTC v. Ticor Title Insurance Company, 504 US 621 (1992); Allied Tube & Conduit Corp. v. Indian head Inc., 486 US 492 (1988).

(38): See: Standard Oil Co v. US, 337 US 293 (1949); See: US v. Griffith, 334 US 100 (1948). See: Brooke Group Ltd. V. Brown & Williamson Tobacco, 509 US 209 (1993).

(39): See: Texaco v. Hasbrouck, 496 US 543 (1990); J Truet Payne Co v. Chrysler Motors, 451 US 557 (1981); Great Atlantic & Pacific Tea Co. v. Federal Trade Commission, 440 US 69 (1979); US v. United States Gypsum, 438 US 422 (1978); FTC v. Sun Oil Co., 371 US 505 (1963).

(40): See: Brooke Group Ltd. V. Brown & Williamson Tobacco, 509 US 209 (1993); Matsushita Electric v. Zenith Radio, 475 US 574 (1986); Utah Pie Co. v. Continental Baking Co. et al, 386 US 685 (1967).

(41): See: Parmenter v. FDIC, 925 F2d 1088 (CA8,1991); Ace-Federal Reporters v. Barram, 226 F3d 1329 (Ca.Fed., 2000)(on remand) 2002 WL 1292032; Workman v. UPS, 234 F3d 998 (CA7, 2000); Dibrell Brothers v. Banca Nazionale Del Lavoro, 383 F3d 1571 (CA11, 1999); Gibson v. Neighborhood Health Clinics, 121 F3d 1126 (CA7, 1997); Floss v. Ryans Family Steakhouses, 211 F3d 306 (CA6, 2000)(cert. denied) 531 US 1072; Heinig Furs, 811 Fsupp 1546 (M.D.Ala., 1993); Flanders Medeiros v. Bogosian, 88 Fsupp 412 (DRI, 1994)(affirmed in part) 65 F3d 198; Johnson Enterprises v. FPl Group, 162 F3d 1290 (CA2, 1998); Hoffman v. Bankers Trust, 925 Fsupp 315 (M.D.Pa, 1995); Prudential Insurance v. Sipula, 776 F2d 157 (CA7, 1985); In Re Sulakshma, 207 BR 422 (E.D.Pa, 1997).

(42): See: Gordon T (2000), Securitization of Executory Future Flows as bankruptcy-Remote True Sales, University of Chicago Law Review, 67:1317-1322.

(43): See: Valdiviezo v. Phelps Dodge, 995 Fsupp 1060 (D.Ariz., 1997). Johnson enterprises v. FPL Group, 162 F3d 1290 (CA2, 1998). Ryan v. Upchurch, 474 Fsupp 211 (SND, 1979)(reversed) 627 F2d 836. See: Rose J & Dawson P (Sept. 1997), Contingent Transfer: The Illusory Promise of Structured Finance. S&P Structured Finance, page 10.

(44): Prudential Insurance v. Sipula, 776 F2d 157 (CA7, 1985) (no consideration where party to contract could not bargain for alleged agreement).

(45): See: Tampa Pipeline Transport v. Chase Manhattan Service Corp., 928 Fsupp 1568 (MD.Fla., 1995) (affirmed) 87 F3d 1329.

(46): See: Imel v.Laborer’s Pension Fund Trust, 904 F2d 1327 (CA9, 1990) (cert. den.) 498 US 939 (contract should not alter statutory duties); Truck Ins. Exchange v. Ashland Oil, 951 F2d 787 (CA7, 1992); Cramer v. Consolidated Freightways, 255 F3d 806 (CA9, 2001) (cert. denied) 122 SCt 806; Lake James Community v. Burke County NC, 149 F3d 277 (CA4, 198) (cert. denied) 525 US 1106; Davis v. Parker, 58 F3d 183 (CA5, 1995); In Re NWFx, 881 F2d 530 (on rehearing) 904 F2d 469 (cert. denied) 498 US 941; Biomedical Systems v. GE Marquette, 287 F3d 707 (CA8, 2002) (cert. denied) 123 SCt 636 (post-contract formation failure to obtain statutorily required license invalidated agreement).

THE FOLLOWING DATA HAS BEEN PUBLISHED AT THE FOOT OF MOST OF THESE REPORTS FOR THE PAST THREE YEARS++. IT WAS COMPILED BY MICHAEL C. COTTRELL, B.A., M.S..

• THEY ARE 100% CONSISTENT WITH THE FOREGOING ANALYSIS, AND VICE VERSA:

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, Hauppauge: 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:

• “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.

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• This is a very old, malevolent US counterintelligence DIRTY TRICK.

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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.

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• 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.

• It is suitable for PC’s but not for Mac computers. As with all such programs, the License is renewable at a modest fee annually. This is done on-line in the usual way [with the supplier direct].

A GIFT OF THE HOLY SPIRIT WE RECOGNISE AT EASTER

story4

A BROKEN AND A CONTRITE HEART, O LORD, WILT THOU NOT DESPISE

Sunday 4 April 2010 00:01

• THE TEARS THAT MAY FLOW ON READING CERTAIN PASSAGES OF SCRIPTURE

• THE CHRIST-LIKE COMPASSION OF JOSEPH FOR HIS BROTHERS

• AND PETER WENT OUT, AND WEPT BITTERLY

• WHEN HE HAD OPENED THE BOOK, HE FOUND THE PLACE WHERE IT WAS WRITTEN…

• JESUS EXPLAINS WHY HE WAS SENT, AS ISAIAH FORETOLD

• THE MEETING ON THE ROAD TO EMMAUS

• A BROKEN HEART AND A CONTRITE SPIRIT

THE TEARS THAT MAY FLOW ON READING CERTAIN PASSAGES OF SCRIPTURE
There is a gift of the Holy Spirit which manifests itself by tears when certain passages of scripture are read and understood.

THE CHRIST-LIKE COMPASSION OF JOSEPH FOR HIS BROTHERS
Our first knowledge of this occurs in Genesis, Chapters 42-45, relating the story of Joseph – who displays in 1707 BC many Christ-like attributes, especially compassion, righteousness, resolution and fairness – and his brothers.

Jealous of their younger brother Joseph, who had dreamed symbolically that the half-brothers would one day bow down to the earth before him, the half-brothers plotted to kill him, have his ‘prince’s coat of many colours’ made for him by Jacob (because Joseph was a beloved late son of Jacob’s old age), dipped in the blood of a wild beast, and then lie to their father that Joseph had been torn apart by wild animals. On the intervention of Reuben, the eldest, they opted instead to throw Joseph into a pit – from which he was later rescued and taken down to Egypt by a camel train of nomadic Midianites.

In Egypt, following adversity, he correctly interpreted dreams that had troubled Pharaoh, and the King of Egypt accordingly promoted him to the elevated position of Comptroller of the King’s Household – second only in rank to Pharaoh himself.

When famine later devastated the land of Canaan where Jacob and his large extended family now resided, the brothers decided at their father’s request to go down to Egypt to purchase food, and on arrival the sons discovered that they had to deal with the Comptroller of Pharaoh’s Household, whom they did not know was in fact their half-brother Joseph. Understanding all things, Joseph tested the half-brothers (as Christ tests us), asking them to bring his own full brother Benjamin, down to Egypt, ostensibly in order to prove to Joseph that they were not spies.

When the half-brothers realised that they had no choice in the matter… ‘they said one to another, We are verily guilty concerning our brother (Joseph), in that we saw the anguish of his soul, when he besought us, and we would not hear; therefore is this distress come upon us.

And Reuben answered them, saying, Spake I not unto you, saying, Do not sin against the child; and ye would not hear?…. And they knew not that Joseph understood them; for he spake unto them by an interpreter. And he (Joseph) turned himself about from them, and wept…’ (1)

When in desperation because of the famine they returned to Egypt with Benjamin: …‘They bowed down their heads, and made obeisance. And he [Joseph] lifted up his eyes and saw his brother Benjamin, his mother’s son, and said, Is this your younger brother, of whom ye spake unto me?… And Joseph made haste… for he did yearn upon his brother; and he sought where to weep; and he entered into his chamber, and wept there. And he washed his face, and went out, and refrained himself, and said, Set on bread’ (2) .

Then Joseph sent his brethren away with the corn and the money they had brought to pay for it, and with a silver cup which was placed inside Benjamin’s sack.

But Joseph then sent messengers to overtake them because the silver cup was ‘missing’; and the servants of Joseph discovered the silver cup in Benjamin’s sack. In despair the brothers rent their clothes, and returned to the city, to face their fate, as they imagined, at the hands of Joseph.

On arrival at Joseph’s residence, Judah calmly explained part of the story: ‘My lord asked his servants (the brethren), saying, have ye a father, or a brother?

And we said unto my lord (Joseph), We have a father, an old man, and a child of his old age, a little one (Benjamin); and his brother (Joseph, as they supposed) is dead, and he alone is left of his mother, and his father loveth him’ (3).

And after Judah had explained everything he could, fearing that they would all now be enslaved…

‘Then Joseph could not refrain himself before all them that stood by him; and he cried, cause every man to go out from me. And there stood no man with him, while Joseph made himself known unto his brethren. And he wept aloud; and the Egyptians and the house of Pharaoh heard. [And after Joseph had revealed himself to them, and had told them how God had turned their evil for good]… he fell upon his brother Benjamin’s neck, and wept; and Benjamin wept upon his neck. Moreover he kissed all his brethren, and wept upon them; and after that his brethren talked with him’ (4).

AND PETER WENT OUT, AND WEPT BITTERLY
The Passion of our Lord moves many to tears, perhaps beginning with the passage where, after the cock had crowed, as the Lord had told Peter would happen after he had denied the Lord thrice:

‘And the Lord turned, and looked upon Peter. And Peter remembered the word of the Lord, how he had said unto him, Before the cock crow, thou shalt deny me thrice.

And Peter went out, and wept bitterly.

And the men that held Jesus mocked him, and smote him’ (5).

WHEN HE HAD OPENED THE BOOK, HE FOUND THE PLACE WHERE IT WAS WRITTEN…
And there is the passage when the Lord reads one of the 330+ prophecies from the Old Testament concerning Himself in the synagogue at Nazareth:

‘And he came to Nazareth, where he had been brought up: and as his custom was, he went into the synagogue on the Sabbath day, and stood up for to read.

And there was delivered unto him the book of the prophet Esaias [Isaiah]. And when he had opened the book, he found the place where it was written,

The Spirit of the Lord is upon me, because he hath anointed me to preach the gospel to the poor; he hath sent me to heal the brokenhearted, to preach deliverance to the captives, and recovering of sight to the blind, to set at liberty them that are bruised.

To preach the acceptable year of the Lord.

And he closed the book, and he gave it again to the minister, and sat down. And the eyes of all them that were in the synagogue were fastened on him.

And he began to say unto them, This day is this scripture fulfilled in your ears.

And all bare him witness, and wondered at the gracious words
which proceeded out of his mouth’ (6).

JESUS EXPLAINS WHY HE WAS SENT, AS ISAIAH FORETOLD
The place in Isaiah that Jesus found and read in the synagogue in Nazareth,
which began at Chapter 61, verse 1, was written in 698 BC:

‘The Spirit of the Lord God is upon me; because the Lord hath anointed me to preach good tidings unto the meek; he hath sent me to bind up the brokenhearted, to proclaim liberty to the captives, and the opening of the prison to them that are bound;

To proclaim the acceptable year of the Lord; and the day of vengeance of our God; to comfort all that mourn’ (7).

• To preach the gospel (Good News) to the poor (meek): that is, all who are poor because they have no knowledge of the Truth.

• He hath sent me to heal the brokenhearted: that is, all whose hearts are broken because of despair as they do not have the Hope which comes with the knowledge of the Truth (and all those whose hearts are broken due to their human experiences).

• He hath sent me to preach deliverance to the captives: that is, to those who are captive to the Evil One, bound to Satan – showing them the Way Out and how to make Satan flee from them.

• He hath sent me to preach recovering of sight to the blind: that is, to give sight (enlightenment by the Word of Truth) to those who cannot see that they are being misled and are surely destined to fall headlong with their blind leaders into the ditch (8).

• He hath sent me to set at liberty them that are bruised: that is, to free those who have been bruised by the serpent (the Evil One and his deceivers).

THE MEETING ON THE ROAD TO EMMAUS
And after His resurrection, when the Lord joined two disciples on the road to Emmaus:

‘And behold, two of them went that same day to a village called Emmaus, which was from Jerusalem about threescore (60) furlongs.

And they talked together of all these things which had happened.

And it came to pass, that, while they communed together and reasoned, Jesus himself drew near and went with them (9).

But their eyes were holden that they should not know him.

And he said unto them, What manner of communications are these that ye have one to another, as ye walk, and are sad?

And one of them, whose name was Cleopas, answering said unto him, Art thou only a stranger in Jerusalem, and hast not known the things which are come to pass there in these days?

And he said unto them, What things? And they said unto him, Concerning Jesus of Nazareth, which was a prophet mighty in deed and word before God and all the people;

And how the chief priests and our rulers delivered him to be condemned to death, and have crucified him.

But we trusted that it had been he which should have redeemed Israel: and beside all this,
today is the third day since these things were done.

Yes, and certain women also of our company made us astonished,
which were early at the sepulchre;

And when they found not his body, they came, saying, that they had seen a vision of angels, which said that he was alive.

And certain of them which were with us went to the sepulchre, and found it even so as the women had said: but him they saw not.

Then said he unto them, O fools, and slow of heart to believe all that the prophets have spoken:

Ought not Christ to have suffered these things, and to enter into his glory?

And beginning at Moses, and all the prophets, he expounded unto them in all the scriptures the things concerning himself.

And they drew nigh unto the village, whither they went; and he made
as though he would have gone further.

But they constrained him, saying, Abide with us: for it is toward evening, and the day is far spent. And he went in to tarry with them.

And it came to pass, as he sat at meat with them, he took bread, and blessed it, and brake,
and gave it to them.

And their eyes were opened (10), and they knew him; and he vanished out of their sight.

And they said one to another, Did not our heart burn within us, while he talked with us by the way, and while he opened to us the scriptures?’ (11).

A BROKEN HEART AND A CONTRITE SPIRIT
Truly, as the Psalmist says:

‘The Lord is nigh unto them that are of a broken heart; and saveth such as be of a contrite spirit. Many are the afflictions of the righteous: but the Lord delivereth him out of them all’ (12).

And when we realise that we have wept on reading and understanding the passages of scripture that move us, the following promise is fulfilled:

‘And I will pray the Father, and he shall give you another Comforter, that he may abide with you for ever; Even the Spirit of Truth; whom the world cannot receive, because it seeth him not, neither knoweth him; but ye know him; for he dwelleth with you, and shall be in you… But the Comforter, which is the Holy Ghost, whom the Father will send in my name, he shall teach you all things, and bring all things to your remembrance, whatsoever I have said unto you’ (13).

And this promise is fulfilled as well:

‘And lo, I am with you always, even unto the end of the world’ (14), (15).

Notes and References:

(1): Genesis, Chapter 42, verses 21-24.
(2): Genesis, Chapter 44, verses 28-31.
(3): Genesis, Chapter 44, verses 19-20.
(4): Genesis, Chapter 45, verses 1-2, and 14-15
(5): Luke, Chapter 22, verses 61-63.
(6): Luke, Chapter 4, verses 16-22.
(7): Isaiah, Chapter 61, verses 1-2.
(8): ‘Let them alone: they be blind leaders of the blind. And if the blind lead the blind, both shall fall into the ditch’: Matthew, Chapter 15, verse 14; and: ‘And he spake a parable unto them, Can the blind lead the blind? Shall they not both fall into the ditch?’: Luke, Chapter 6, verse 39.
(9): ‘For where two or three are gathered together in my name, there am I in the midst of them’: Matthew, Chapter 18, verse 20.
(10): Immediately ahead of His Passion: ‘And he took bread, and gave thanks, and brake it, and gave unto them, saying, This is my body which is given for you: this do in remembrance of me. Likewise also the cup after supper, saying, This cup is the new testament in my blood, which is shed for you’: Luke, Chapter 22, verses 19-20.
(11): Luke, Chapter 24, verses 13-32.
(12): Psalm 34, verses 18-19.
(13): John, Chapter 14, verses 16-17, and 26.
(14): Matthew, Chapter 28, verse 20.
(15): Current controversies concerning the abuse of children – a manifestation of the sin of blasphemy against the Holy Spirit, for which the Lord stated that no forgiveness is possible – are seized upon by ‘sons of Belial’, by the ignorant and by those who have no knowledge of scripture, as indicative of the fact that Christianity is false (which is what they want, for their self-interested convenience, to believe). This enticing delusion rests upon a confusion of the Way, the Truth and the Life as proclaimed by Jesus Christ, with the wayward behaviour of elements within corrupted organised religion. The Evil One is having a ball sticking his filthy tongue out at those who have perpetrated blasphemy against the Holy Spirit in this heinous manner. Deplorable though their behaviour is or was, and irreparable though the damage inflicted upon countless lives has been, the faithful are sustained by the parable of the tares [Matthew, Chapter 13, verses 24-30]:

‘Another parable put he forth unto them, saying, the kingdom of heaven is likened unto a man which sowed good seed in his field;

But while men slept, his enemy came and sowed tares among the wheat, and went his way.

But when the blade was sprung up, and brought forth fruit, then appeared the tares also.

So the servants of the householder came and said unto him, Sir, didst not thou sow good seed in thy field? From whence then has it tares?

He said unto them, An enemy hath done this. The servants said unto him, Wilt thou then that we go and gather them up?

But he said, Nay; lest while ye gather up the tares, ye root up also the wheat with them.

Let both grow together until the harvest: and in the time of harvest, I will say to the reapers,

Gather ye together first the tares, and bind them in bundles to burn them;
but gather the wheat into my barn’.

Now the truly remarkable but little-known fact within this parable is that the Jacobean word ‘tares’ referred to a weed called darnel – which has the characteristic that when sown among the wheat, it resembles wheat initially, for a time. Only when both the wheat and the tares (the darnel) have matured, does the darnel change its appearance so that it can readily be distinguished from the wheat. Such is the depth of the Word of Christ.

• Postscript:
One of our correspondents is a lady based in Washington, D.C., who worked with or was part of the entourage of, President George W. Bush. She writes: ‘Have a blessed Easter. He is Risen, like He said. (I said that to President G.W. Bush a couple years ago at this time of year, and he nodded with a curious look at me, well sort of a scared curious look at me…..).

‘The devils also believe, and tremble’: James, Chapter 2, verse 19.

SENATOR ARLEN SPECTER INVOKES MISPRISION OF FELONY

story2

THEY’VE GOT A COLOSSAL PROBLEM: AND IT’S US

Monday 29 March 2010 00:01

• PENNSYLVANIA BIRDS OF A FEATHER:
SENATOR ARLEN SPECTOR, AND SALVATORE DEFRANCESCO ARE FROM PENNSYLVANIA;
VICE PRESIDENT JOE BIDEN IS ORIGINALLY FROM SCRANTON, PENNSYLVANIA, AND HAS
CALLED PA HIS ‘HOME’, SAYING ONCE THAT HE WAS PENNSYLVANIA’S ‘THIRD SENATOR’

• SENATOR ARLEN SPECTOR SUDDENLY CITES MISPRISION OF FELONY

• WHY WOULD SENATOR SPECTER DO THAT?
BECAUSE THEY HAVE A SERIOUS PROBLEM

• AND WHO OR WHAT IS THEIR PROBLEM?

• SENATOR ARLEN SPECTER RINGS THE ALARM

• TO OFFER JOBS FOR FAVOURS IS A FEDERAL CRIME

• SOME COMPELLING FACTS YOU OUGHT TO KNOW

• BUT SENATOR ARLEN SPECTER WAS TARGETING
THE PENNSYLVANIA FRAUD AT THE SAME TIME: GEDDIT?

• A SHORT LIST OF PEOPLE WHO COULD GO TO JAIL

• BECAUSE OF COURSE IT’S ALL ABOUT THE MONEY. PERIOD

• U.S. INTEREST RATES RISING AS THESE FOOLS TRY TO EMBEZZLE THE FUNDS AGAIN

• GOV. RENDELL RAISES TAXES, YET ‘BLOCKS’ THE $495 MILLION TAX WINDFALL

• THE N.S.A.-CHENEY-BIDEN ‘BLACK OPS’
PSY-OPS OFFENSIVE AGAINST COTTRELL AND STORY

• STEALING OUR TELECOMMUNICATIONS; A FEDERAL OFFENCE

• FEATURES OF THIS COUNTERPRODUCTIVE U.S.G. ‘PSY-OPS’
OPERATION LASTING FOR MORE THAN TWO YEARS ALREADY

• CHENEY/BIDEN/NSA ‘BLACK OPS’ VERBAL TERRORISM PHONE CALLS RECEIVED IN OUR OFFICES: THIS IS DELIBERATE U.S. GOVERNMENT HARASSMENT BECAUSE WE ARE HITTING THE CRIMINALISTS’ NERVES AND ARE REFUSING TO BE INTIMIDATED AND TERRORISED

• This matter has been reported inter alia to the British Consulate General, 845 Third Avenue,
@ E 52nd Street, New York, NY: 212-745 0200 with a demand that the obscene harassment ops. conducted against this service and the Editor by the Cheney/Biden/NSA cadre is taken up with the relevant US authorities and our complaint about this barbaric behaviour of a supposedly friendly Government addressed with the necessary vigour appropriate to this scandalous state of affairs.

• SALVATORE R. DEFRANCESCO LINKED TO BIDEN:
THE NEW TWIST IN THE PENNSYLVANIA FRAUD

• As you may recall, we were advised earlier that Treasury Agents and the FBI were looking for Salvatore R. DeFrancesco, and that he would be cuffed shortly. Then all of a sudden, we were told that this top Mafioso, who is Vice President of Penn Acceptance Corporation, was no longer being sought. We now realise that the reason for this is that he is being protected by Governor Edward G. Rendell of Pennsylvania. We thought that harbouring a suspected criminal was a criminal offence.

• MR COTTRELL’S LATEST STRUGGLES WITH DELIBERATELY
UNCOOPERATIVE AND ARROGANT PA OFFICIALS

• WICKED DIVERSIONARY TACTIC BY CORNERED
PENNSYLVANIA DEPARTMENT OF STATE OFFICIALS:
REPRESENTING THAT PENNSYLVANIA INVESTMENTS, INC.
IS A HOLDING COMPANY, WHICH IS NOT THE CASE

• THEY TOOK MR COTTRELL’S FILING MONEY
BUT DIDN’T CHANGE THE PENNSYLVANIA INVESTMENTS, INC. SCREEN

• SO, MR COTTRELL FAXED THE GOVERNOR OF PENNSYLVANIA’S OFFICE OF GENERAL COUNSEL, THE GOVERNOR OF PENNSYLVANIA, EDWARD G. RENDELL, THE PENNSYLVANIA DEPARTMENT OF STATE CORPORATION DEPARTMENT AND THE PENNSYLVANIA DEPARTMENT OF REVENUE ALL OVER AGAIN, WITH ALL THE DOCUMENTS

• THAT WAY, A MASSIVE PAPER TRAIL PERTINENT
TO ‘MISPRISION OF FELONY’ IS ON THE RECORD

• IN MEMORIAM AND HORIZONTALISATION NEWS:

• MANAGING DIRECTOR OF THE ABU DHABI INVESTMENT AUTHORITY [SCAMMED BY BUSH]

• Note: Suggestions by fantasists on other websites that an imminent ‘return’ to the Constitution across the board is in the pipeline and that most State Governors have agreed to this, is baloney. The behaviour of Governor Edward G. Rendell of Pennsylvania, addressed in this report, indicates that he continues to operate without regard for the Rule of Law as he is implicated in the attempt, with Salvatore R. DeFrancesco, to embezzle the funds payable to Pennsylvania Investments, Inc. The fantasists have again revealed that they operate on the basis of ‘feelings’ and unwarranted assumptions based on flimsy foundations and unscientific, illogical deductions. Unprovenanced, garbled meanderings are no basis for the sweeping deductions these people specialise in, and they do a disserve to bewildered Americans who don’t know where to turn for sound information.

• Update to this note: There appears to be confusion in some minds between (a) the necessity for funds to be collected so that grossly overdue obligations can be met and (b) the sudden waving of a magic wand whereby the Constitution descends from the sky like a Deus ex Machina to shower blessings on disillusioned Americans while shovelling all their woes into the trash. The position is that (a) is taking place: which is why the most high-powered American delegation in living memory descended on Mexico on 23rd March 2010 to pay a visit to President Felipe Calderon.

The delegatation, led by the Secretary of State, Mrs Hillary Clinton, included:
• The Defense Secretary, Robert Gates;
• The Homeland Security Secretary, Janet Napolitano;
• The Director of National Intelligence, Dennis Blair; and:
• The Chairman of the Joint Chiefs of Staff, Admiral Michael Mullen [ONI].

Conspicuous by his absence was the US Attorney General, Eric Holder: which tells you that the meeting was not about how to tackle Mexico’s drug problem. Meanwhile Barack Obama surfaced in Afghanistan. One does not need a first class degree In logic to deduce what has been going on.

This has nothing to do with (b), which is a separate matter and may or may not follow through. The behaviour of Pennsylvania Governor Rendell described in this and recent reports in this series confirms that, contrary to baseless speculation, there is no change of criminal behaviour, which in turn indicates that the miraculous ‘Return to the Constitution’ is NOT happening (as yet), for the simple reason that in order to comply with the Constitution it is necessary to comply with the Rule of Law, which Rendell (in the pertinent case cited) is NOT doing.

That is ALL we said, and the deduction that we have ‘missed what is happening’ accompanied by the usual gratuitous, self-satisfied rudeness about 1776 is both uncalled for and the precise opposite of the truth if what we have been saying is understood.

………………………………………………………………

• APPENDIX 1:

MICHAEL C. COTTRELL’S LETTER OF NOTIFICATION OF 9TH MARCH 2010 TO THE PENNSYLVANIA DEPARTMENT OF STATE DEMANDING THE IMMEDIATE REMOVAL OF THE NAME OF THE MAFIA IMPOSTOR SALVATORE DE FRANCESCO FROM THE PENNSYLVANIA INVESTMENTS, INC. STATE CORPORATION BUREAU’S OFFICIAL SCREEN, FRAUDULENTLY SHOWING THE IMPOSTOR MAFIOSO AS ‘SECRETARY’ OF THE CORPORATION

………………………………………………………………

• APPENDIX 2:

ARTICLES OF AMENDMENT RE: PENNSYLVANIA INVESTMENTS, INC. DATED 13TH MARCH 2010

………………………………………………………………

• APPENDIX 3:

CERTIFICATE OF ADOPTION OF CORPORATE RESOLUTION: 16 NOVEMBER 2005

………………………………………………………………

• LIST OF U.S. STATUTES, SECURITIES REGULATIONS AND LEGAL PRINCIPLES OF WHICH THE CRIMINALISTS, ASSOCIATES AND ALL BIG FINANCIAL INSTITUTIONS ARE IN BREACH

………………………………………………………………

• U.S. SECURITIES REGULATIONS OF WHICH INSTITUTIONS ARE IN BREACH

………………………………………………………………

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’.

‘Seeing what’s at the end of one’s nose requires constant effort’. George Orwell.

SECURITIZATION IS ILLEGAL UPDATE: In the Subs/Books Update panel immediately below the NEWS panel that you are currently viewing, you will see an announcement concerning publication of Economic Intelligence Review, Volume 12, Numbers 7 & 8. If you press that announcement text and open up the panel, you will see the contents list for the new [2010Q1] issue of E.I.R., including a breakdown of the Chapter Headings for the detailed analysis showing that Securitization is illegal. See our NEWS report dated 10th March 2010 for summaries of some of the data from this analysis. We understand that the report has created uproar in certain corridors of corrupt power.

• 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.

• 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.

• ADVERTISEMENT: Details of the INTERNET SECURITY SOLUTION software offered by this service in conjunction with a donation can be accessed immediately: See the Home Page World Reports Limited serials catalogue by clicking World Reports Limited and scrolling to foot of page. Scroll to the foot of THIS page to read our extended Ad. for the INTERNET SECURITY SOLUTION.

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 ‘politically incorrect’ [i.e., correct] intelligence books online from this website.

• CMKM/CMKX CASE DOCUMENTS:
Press Archive for this report [29th January 2010]
Case Number CV10-00031 JVS (MLGx):
SERVICE OF CMKM.CMKX $3.87 TRILLION SUIT VS. S.E.C.
You can also access the CMKM/CMKX text at: http://viewer.zoho.com/docs/paKdda
The biggest lawsuit in world legal history: The phantom share giga-scandal.

NEW REPORT STARTS HERE:

PENNSYLVANIA BIRDS OF A FEATHER:
SENATOR ARLEN SPECTOR, AND SALVATORE DEFRANCESCO ARE FROM PENNSYLVANIA;
VICE PRESIDENT JOE BIDEN IS ORIGINALLY FROM SCRANTON, PENNSYLVANIA, AND HAS
CALLED PA HIS ‘HOME’, SAYING ONCE THAT HE WAS PENNSYLVANIA’S ‘THIRD SENATOR’

Before we start, the following facts are of central importance to understanding what follows, sharply accentuating the ongoing detection, deconstruction and unravelling of the luciferian operation to re-steal The Queen’s $6.2 trillion loan funds for the Refunding of the US Dollar, provided via the Bank of England to Bank of New York Mellon on 19th-20th June 2007, which was criminally diverted on the instructions of Henry M. Paulson Jr., Secretary of the US Treasury, and which is the subject of a WORLD COURT LIEN ON THE U.S. TREASURY dated 6th December 2009:

• Vice President Joseph Biden is originally from Scranton, Pennsylvania and while representing Delaware in the Senate, once described Pennsylvania as his ‘home’, and added that he was Pennsylvania’s ‘third’ Senator. He has always maintained close links to Pennsylvania.

• The Vice President of the United States is always in control of the National Security Agency [NSA]. The reason for including this statement here will be elaborated below.

• Senator Arlen Specter is from Pennsylvania.

• Salvatore R. DeFrancesco is from Pennsylvania.

• Pennsylvania Investments, Inc., remains organised and incorporated as a Business Corporation under Section 204 of the Commonwealth of Pennsylvania Business Corporation Law act of 5th May 1933 (P.L. 364 (15 P.S. Section 1204) for the following purposes stated in the founding documents [copies of which we hold] filed by the Commonwealth of Pennsylvania Department of State on 11th December 1984: ‘To engage in and to do all lawful acts concerning any or all lawful business for which a corporation may be incorporated under the Business Corporation Law of Pennsylvania Act of May 5, 1933, P.L. 364, as amended’.

SENATOR ARLEN SPECTOR SUDDENLY CITES MISPRISION OF FELONY
On 12th March, immediately after it had become known by the NSA and the White House (from intercepts of our telephone conversations), that we had discovered the illegal and fraudulent insertion of the Mafia impostor Salvatore R. DeFrancesco, Vice President of the money factory Penn Acceptance Corporation of Pittston TWP, Pennsylvania, as ‘Secretary’ of Pennsylvania Investments Inc. on the Commonwealth of Pennsylvania Corporation Bureau screen for Mr Cottrell’s corporation, Senator Arlen Specter, from Pennsylvania, made this public statement:

‘There’s a crime called Misprision of a Felony. Misprision of a Felony is when you don’t report a crime. So you’re getting into pretty deep areas here in these considerations’.

Now as you will be aware, NOBODY HAS EVER MENTIONED MISPRISON OF FELONY for the duration of this crisis with the single exception of this service. We have displayed the text of the Misprision of Felony Statute at the top of every report for the past three years, thus:

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’.

WHY WOULD SENATOR SPECTER DO THAT?
BECAUSE THEY HAVE A SERIOUS PROBLEM
WHY do you suppose someone as knowledgeable of the opaque operations of these high-level criminals has SUDDENLY started quoting Misprision of Felony at this late stage of the crisis?

• ANSWER: Because these people have a serious problem.

AND WHO OR WHAT IS THEIR PROBLEM?
WHO or WHAT is the serious problem they face?

• ANSWER: Michael C. Cottrell, B.A., M.S., and Christopher Edward Harle Story FRSA, ARE THE SERIOUS PROBLEM. And it’s getting worse. And they can’t solve the problem the way they want – by re-stealing and re-embezzling The Queen’s $6.2 trillion loan funds and Mr Cottrell’s $15.0+ billion, payable to Pennsylvania Investments, Inc.

• In other words, as we have signalled in these reports, WE are regrettably and most unfortunately, AT THE EPICENTRE OF THIS CRISIS. And contrary to what the kleptocracy arrogantly imagined, WE ARE NOT CAVING IN OR GIVING WAY TO THESE CRIMINALS.

So: they don’t know what to do. The endless tension and the lack of resolution, and the incredible economic and financial damage that is being caused by the criminal intent to steal these funds, which is BLOCKING THE SETTLEMENTS GENERALLY, is getting some of these people down.

SENATOR ARLEN SPECTER RINGS THE ALARM
And since it is well understood where it needs to be understood that WE ARE NOT BACKING DOWN, and since the massive international pressure behind the scenes has long since exceeded what these people can tolerate, ALL OF A SUDDEN we find that a very prominent US Senator is RINGING THE ALARM BELL. He’s citing MISPRISION OF FELONY at the criminals, starting at the White House and Mr Biden’s residence and reaching the Mansion of the Governor of Pennsylvania.

• Senator Arlen Spector wants to make sure he’s on the right side of the outcome. But at the same time, he’s put himself in an extremely exposed position. If, as a prominent public figure, you cite the Misprision of Felony Statute, you had better be CERTAIN that you understand precisely what you are doing. Which Senator Arlen Spector most certainly does.

As a ‘person in civil… authority under the United States’ Senator Specter may think that he himself is covered. But since [see below] he undoubtedly made this public statement for the elucidation of individuals resident in the Commonwealth of Pennsylvania, it is crystal clear that Senator Specter – whose comments, as noted, were uttered on 12th March 2010, shortly after it had become known that we’d unearthed the Pennsylvania Fraud involving Salvatore R. DeFrancesco – has ‘issues’ with his home State (Commonwealth). No prizes for guessing the nature of his (financial) concerns here.

THE COVER FOR SPECTER’S OUTBURST: SESTAK-GATE
But the situation is even more loaded than described hitherto.

We’ll try to condense the background so that it doesn’t get in the way of the present exposure report. On 18th February 2010, Philadelphia TV anchor Larry Kane said that on a Comcast show he had just taped, he had asked Democratic Congressman Joe Sestak, who is challenging incumbent Senator Arlen Specter in a Primary, whether it was true that the Obama Administration had offered Mr Sestak a job if he would withdraw from his Primary challenge to Specter, to which Joe Spestak answered: ‘Yes’, adding that the job offer was made by someone in the White House and that he, Sestak, had turned down the offer. Two hours later Kane called the White House, played them the tape, and asked for comment. The White House never called him back.

TO OFFER JOBS FOR FAVOURS IS A FEDERAL CRIME
To offer jobs for favours is a Federal crime, and Sestak effectively accused the White House, therefore, of a Federal crime. The issue was taken up by Jake Tapper, the ABC White House correspondent on 22nd February 2010, when he asked the White House Press Secretary Robert Gibbs for a reaction to Sestak’s de facto charge. Gibbs stonewalled (fearing Misprision of Felony).

On 1st March 2010 the Fox News correspondent, Major Garrett tried again. Gibbs: ‘I have not made any progress on that. I was remiss on this and I apologise’. On 9th March, Major Garrett tried again, and drew another blank from Gibbs. On 11th March, Major Garrett of Fox News tried again, noting that Congressman Darrell Issa (R-CA) had publicised that he had written to White House Counsel, Robert Bauer, demanding an investigation into Sestak’s charge. Mr Gibbs: ‘I don’t have anything additional on that’. Q: ‘Are you ever going to have anything additional on that?’ Gibbs: ‘I don’t have it today’. On 12th March, Gibbs answered Garrett’s repeated question with: ‘I don’t have any more information on that’. And that was that.

And on 12th March, all of a sudden, Senator Arlen Specter stated that if anyone receives such an offer (of an official job in exchange for a favour) and didn’t report it, the person concerned could GO TO JAIL FOR COMMITTING A FELONY: i.e. Sestak could go to jail.

• There have been calls for a Special Prosecutor to be appointed to investi-gate Sestak-gate.

SOME COMPELLING FACTS YOU OUGHT TO KNOW
Now here are several compelling additional pieces of relevant information:

• Senator Arlen Specter has had a very long relationship with the Bush Crime Family.

• Vice President Joseph Biden, originally from Pennsylvania [see above], in charge today of the National Security Agency, and who, when referred to as ‘Mr Banking’, sat on the US Senate Banking Committee, is aware of everything there is to know about hidden financial operations and issues, and is reported to us to be known to have been involved in questionable financial operations.

For instance, he was instrumental in the MBNA takeover and in the reincorporation of MBNA from Maryland to Delaware. In 1996, after it had become MBNA company policy for all top executives to live in Delaware, MBNA executive John Cochrane bought Senator Joe Biden’s house in Delaware, assisted, according to MBNA’s SEC filing, by $330,115 paid to John Cochrane by the senior MBNA management for ‘expenses’ arising from the move (of which $210,000 was reportedly to make up for a loss that John Cochrane suffered on the sale of his Maryland home).

Local Delaware real estate sources believe that Cochrane ‘overpaid’ Biden for the property.

• Questions have been asked as to whether the home sale was a ‘sweetheart’ deal for Biden.

At all events, during the 1996 senatorial campaign, MBNA cemented its ties to Biden when MBNA employees started showering Senator Biden with campaign contributions. In fact Federal Election Commission records showed MBNA as the largest single source of campaign contributions for Senator Biden. A few weeks after Biden was re-elected in November 1996, MBNA hired his son, Hunter, a Yale law graduate.

Joe Biden, with a Jesuitical background, shares a peculiar characteristic that is quite common among such ‘possessed’ characters. His mouth suddenly opens, and out comes an extremely unwelcome, untimely and probably provocative or idiotic observation. Biden is notorious for this, and did it yet again into Barack Obama’s microphone, which wasn’t switched off, at the signing ceremony for the Health Pipeline Bill, when he exclaimed: ‘This is a big [expletive deleted] deal’. Newscasters have been playing the clip ever since.

Biden sits in Cheney’s seat, and Cheney launched the Psy-Ops harassment operation against the Editor of this service via the National Security Agency in February 2008, after the Wanta ‘switch’. This verbal terrorism ‘Psy-Ops’ offensive against this Editor has continued without a break ever since then, and has reached new levels of intensity under Biden: see below for details.

• Congressman Joe Sestak, who sits on the House Armed Services Committee, was a senior Four-Star Navy Admiral. He was the head of the Office of Naval Intelligence (ONI), the most lethal of all components of the US Intelligence Power, which has all along been fighting other components of the Intelligence Power over control of stolen and other monies. Sestak was fired (relieved of his command) from the Navy and had one of his stars removed, so he left the US Navy with three stars. He has a degree from Harvard University, was involved in operations in Afghanistan, in national defence and security policy formulation, and in operation ‘Deep Blue’ (a terrorism ‘think-tank’).

SESTAK-GATE RUNS COMPLETELY OUT OF CONTROL
According to Jeffrey Lord writing in The American Spectator [16th March 2010], who assumes that Specter’s remark has resonance exclusively within the Sestak-gate context, ‘in a blink, Specter has raised the stakes here…. Even more remarkable is to comprehend why Robert Gibbs may now be standing at that White House podium five different times and refusing to answer questions from Jake Tapper and Major Garrett. If Sestak has told the truth… then not only is the person or persons within the White House who made the job offer in big trouble, but anybody else on the Obama White House staff who currently knows this has happened and has not reported it to the proper official authorities – the FBI, just for starters – is, according to Specter, a potential prosecution target for Misprision of Felony. For which this person or persons could go to jail along with whoever offered the job in the first place’.

‘Quite possibly, that could include Robert Gibbs, if in fact he knows this job offer occurred. Which is surely incentive enough for Mr Gibbs to understand that he doesn’t want to ask this question of his colleagues – much less get an answer. An answer for which he could be legally liable, which in turn makes it a lose-lose proposition for him to say anything – beyond a variant of ‘no comment’’.

BUT SENATOR ARLEN SPECTER WAS TARGETING
THE PENNSYLVANIA FRAUD AT THE SAME TIME: GEDDIT?
Now since there can be no question whatsoever that Senator Arlen Specter, a long-term associate of George Bush Sr. and his criminal cohorts, and a Senator for Pennsylvania, most certainly knows the score with regard to the intent, centred in Harrisburg, to embezzle The Queen’s loan funds of $6.2 trillion that are internationally mandated to be remitted to the securities account with Morgan Stanley, New York, of Pennsylvania Investments, Inc., plus the $15.0+ billion that’s also payable to Mr Cottrell’s firm via the Paymaster, who has been specifically instructed to procure the necessary resolution IN ACCORDANCE WITH THE U.S. CONSTITUTION (special intelligence obtained by the Editor), you can readily imagine that Senator Specter has ‘raised the stakes’ rather more steeply than The American Spectator’s correspondent, will have realised.

A SHORT LIST OF PEOPLE WHO COULD GO TO JAIL
Just to select a few individuals enmeshed in this exposure who could go to jail given their knowledge of the Pennsylvania Fraud to embezzle the Queen’s loan funds and the $15.0+ billion payable to Pennsylvania Investments, Inc., that we have publicised, the following are manifestly vulnerable to indictment under the Misprision of Felony Statute referenced by Pennsylvania Senator Arlen Specter IF THEY HAVE FAILED TO REPORT IT TO THE AUTHORITIES:

• Salvatore R. DeFrancesco, Vice President of Penn Acceptance Corporation.

• Joseph Limongelli, President and Secretary, Penn Acceptance Corporation.

• Daniel Limogelli, Treasurer, Penn Acceptance Corporation.

• General Counsel to the Governor of Pennsylvania, Edward G. Rendell.

• Officials in the Governor’s Office of General Counsel.

• Officials in the Office of the Governor of Pennsylvania.

• Officials in the Pennsylvania Department of State generally.

• Officials in the Pennsylvania Department of State Corporation Department, including Sally Krow.

• Officials in the Pennsylvania Department of Revenue, including Julie A. Castillo.

• All Pennsylvania officials generally who are aware of the Pennsylvania Fraud
whether directly or via this website.

• Staffers working for Senator Arlen Specter.

• Staffers and personnel working for Congressman Joe Sestak.

• Staffers working for Vice President Joe Biden, from Pennsylvania.

• All White House staff who are aware of the Pennsylvania Fraud and its ramifications, including all White House staff who receive and read the transcripts that are fed to them daily of the telephone conversations of Michael C. Cottrell, B.A., M.S., Mr A. Clifton Hodges, lawyer for the CMKM/CMKX victims, and the Editor of this service.

• All Capitol Hill staffers ditto.

• All so-called ‘Mainstream’ press operatives who know all about the Pennsylvania Fraud and its context, not least from our reports, and have refrained either from reporting on it or reporting the matter to the appropriate authorities.

• Add further categories to taste.

BECAUSE OF COURSE IT’S ALL ABOUT THE MONEY. PERIOD.
And of course, since IT’S ALL ABOUT THE MONEY AND ABOUT NOTHING ELSE, we can assure you that Pennsylvania Senator Arlen Specter had more than Sestak-gate in mind when he ‘raised the stakes’ by suddenly invoking Misprision of Felony no less than three years after THIS SERVICE ALONE began proclaiming it at the top of almost every report published in this website series.

Which of course reconfirms that these reports are indeed read where it matters and that AT LONG LAST THE PENNY HAS DROPPED. The US Constitution is about to be rescued.

U.S. INTEREST RATES RISING AS THESE FOOLS TRY TO EMBEZZLE THE FUNDS AGAIN
Meanwhile, just to ‘connect’ briefly with what HAS been reported in the ‘Mainstream’ press, you will have noted that yields on the US Treasury 10-year note had risen from 3.8% on 12th March 2010 to 3.8990% on 25th March. On Tuesday 23rd March, the Treasury’s $44 billion auction of two-year debt was weaker than ‘expected’. On Wednesday 24th March, a US Treasury auction of $42 billion five-year debt securities also fell flat. And on Thursday 25th, demand for the $32 billion of seven-year debt was limp, with the yield having risen from 3.1% to 3.37% over the same period.

Well, what did the brainboxes at the Geithner Treasury expect? Having incurred $4.5 trillion of TOTALLY UNNECESSARY TREASURY DEBT in the space of just two fiscal years – equating to the total amount of Treasury debt incurred over the best part of a century – the Obama White House and the Geithner Treasury, assisted by Bernanke at the Federal Reserve, having opted to expand official debt out to infinity and thereby to mortgage the American taxpayer for ever rather than to refinance the US dollar in the private sector using the loan finance made available by the British Monarchical Power PRO BONO PUBLICO which they STOLE, are now face to face MUCH EARLIER THAN THEY EVER ANTICIPATED with the worst of all possible worlds, namely:

• Rising interest rates +

• The knock-on effects on the battered real economy, the ‘recovery’ of which has been entirely artificial and not even assisted by the so-called Stimulus Money, a large proportion of which may have been diverted for illegal trading operations and or bribes placed into offshore bank accounts (since frozen) of those legislators and associates WHO HAVE BEEN BOUGHT.

And here they are STILL TRYING TO EMBEZZLE THE QUEEN’S LOAN FUNDS and the $15.0 billion payable to Pennsylvania Investments, Inc., which are internationally mandated to be deployed to refinance the US Dollar in the private sector, delivering windfall tax receipts which will negate the necessity for this reckless, permissive and irresponsible, not to say criminal, US deficit financing.

No wonder the Editor has been astonished during his New York visit to discover that normally sober and refined, knowledgeable American middle class professional people have told him, one after the other, that these criminals should all be rounded up dealt with ‘as in time of war’.

• Sober Americans who one would never imagine harbouring
such thoughts have said this to the Editor repeatedly during this visit.

GOV. RENDELL RAISES TAXES, YET ‘BLOCKS’ THE $495 MILLION TAX WINDFALL
The New York Times Sunday Edition [28th March 2010] carries a front page report entitled ‘States Seek to Tax Services, from Head to Toe’, featuring the Pennsylvania Governor, Edward G. Rendell, whose proposed ‘hairshirt’ budget , which he says is ‘born out of necessity’, is now being debated in Harrisburg. It would tax services, including accounting, advertising and data processing.

Governor Rendell, who uses Barack Obama’s keyword ‘look’ when he wants to make a point, is quoted as telling the newspaper:

‘Look, I’m not a crazy tax guy. I know what we’ve cut [in] the last two years, and I know how deep and painful the cuts have been. So I know that in the future there’s going to have to be a revenue increase, and this is the best of the alternatives, obviously none of which we’re happy about’.

Instead of whining and wringing his hands in public for the benefit of the gullible New York Times, Pennsylvania Governor Rendell would make better use of his time by calling Ms. Sally Krow at the Pennsylvania State Department Corporation Bureau and instructing her to cease and desist from her Department’s bureaucratic obfuscation, interference with and fraudulent cover-up behaviour over Pennsylvania Investments, Inc., which, as Michael C. Cottrell, B.A., M.S., has informed the Governor himself in writing, will be paying the Commonwealth of Pennsylvania State windfall taxes of the order of $495 million on receipt of the $15.0+ billion payable to his corporation.

Rendell’s buddy, Salvatore R. DeFrancesco, Vice President of Penn Acceptance Corporation, was inserted illegally on the Pennsylvania Investments, Inc. corporate screen that’s maintained by the Department of State, so that these funds could be embezzled. Which makes Rendell’s observations to the newspaper quite extraordinarily duplicitous, dishonest, and disingenuous.

They won’t be embezzled, thanks not least to the decisive surveillance and exposure measures that have been taken; and Pennsylvania will indeed receive the windfall $495 million in taxes from Pennsylvania Investments, Inc., despite Governor Rendell’s best efforts to have the funds stolen.

And since Governor Rendell knows all about this matter, both because he and his structures are parties to the attempted embezzlement through the local Mafioso Salvatore R. DeFrancesco, and because he has been specifically informed about the tax windfall by Mr Cottrell himself in writing, the ‘debate’ over the budget in Harrisburg, is as duplicitous, hypocritical and disingenuous as the Governor’s whining to The New York Times.

Either he doesn’t understand what’s going on under his nose (as George Orwell intimated), or he’s acting stupid. Since he is aware that $495 million is in the pipeline destined for the Pennsylvania Department of Revenue, if he were doing his job properly, he should inform his Legislature of this fact, and adjust his budget to take account of this forthcoming tax windfall, accordingly.

THE N.S.A.-CHENEY-BIDEN ‘BLACK OPS’ TERRORIST
PSY-OPS OFFENSIVE AGAINST COTTRELL AND STORY
Finally, before we expose (below) the latest dimension of the Pennsylvania Fraud, involving Joe Biden’s buddy Salvatore R. DeFrancesco, we need to address the related issue, mentioned above, of the concerted and counterproductive NSA Psy-Ops ‘Black Ops’ campaign that has been waged relentlessly without a break against the Editor of this service, ever since February 2008, when the Wanta ‘switch’ was being consolidated and it was realised that the Editor of this service would no longer be at Wanta’s disposal. Wanta, of course, as we have exposed, works for George Bush Sr. and was the courier between Bush Sr. and Gorbachëv.

• He specialises in facilitating ongoing embezzlement operations by Godfather Bush.

During the period when the Editor was deceived by Wanta and Wanta usurped our publishing and website platform for his own (i.e. Bush’s and Cheney’s) agenda, as previously reported, the French Embassy in Washington, D.C., under M. Levitte, who is now President Sarkozy’s main (intelligence) adviser, promoted our reports worldwide through the French Intelligence Power’s global network – vastly expanding our coverage and leaving us with an asset of considerable reach and power.

As one perceptive Christian friend of the Editor’s in the New York area pointed out on 25th March, quoting scripture: ‘They meant it for evil but God meant it for good’!

When Cheney’s operatives realised that there was a danger that the Editor would henceforth use his website and publishing platform in a manner contrary to the interests of the Bush-Cheney-DVD kleptocracy, Cheney orchestrated the launch of a Py-Ops operation targeted specifically against the Editor of this service. This has had zero impact, but has played into our hands as it has provided us with a means of assessing how effective our exposures have been, and how agitated the demons have become. The more agitated they become, the more effective our exposures have been.

The Psy-Ops campaign, using just one demented paid hack who masquerades literally as a demon (and is certainly infested himself, judging by the Editor’s knowledge of demonic possession taught to him by his late friend Malachi Martin, who died in July 1999 (only a week after asking the Editor to renew his subscription to Soviet Analyst)), consists of the following ingredients:

• Obsessive verbal terrorism conveyed by phone using our 1-800 number so that WE pay for the privilege of being mocked, insulted and ridiculed by this demented ‘Black Ops’ terrorist USG cadre.

• Routine unsolicited voicemail messages consisting of a demonic cackle, a rant along the lines of ‘The Great Dark Lords’ will take over the planet and there is nothing you fools can do about it, and ending with contrived demonic false ‘laughter’.

• Obscene (really filthy) imprecations against the Editor’s distinguished father, who died in 1984.

• Obscene and foul denunciations and utterances always against Jesus Christ and Christianity, containing ignorant rants, sordid allusions and vapid imprecations, interrupted by demonic cackles.

• Note: ‘The devils also believe, and tremble’: James, Chapter 2, verse 19.

• Endless filthy observations, demonic laughter and false hilarity following rants to the effect that ‘you cannot win’ and ‘we have stolen all the money’.

• Occasional ‘why don’t you join us?’ suggestions, implying that we are effective (accurate), book-ended by the usual false demonic cackling, imprecations against Jesus Christ and dirty laughter.

• Repeated telephone calls along the above lines, which these days may amount to a dozen or more such harassment interventions daily. With the US criminalists’ increasing desperation, the number of these verbal terrorism calls perpetrated by this filthy USG ‘Black Ops’ cadre has soared.

• The proven stealing of our communications [see below]: i.e., we pay for these dirty USG calls.

STEALING OUR TELECOMMUNICATIONS; A FEDERAL OFFENCE
In recent weeks, this Psy-Ops operation has been extended to Michael C. Cottrell – a stupid, base, brainless move by the dunderheads running this operation, as of course this has simply confirmed what we know from other sources – namely, that this counterproductive Psy-Ops offensive, which seeks to demoralise us and to insist that ‘we cannot win’ when that is precisely what is happening, is DIRECTLY RELATED to our very successful resistance to the repeated attempts to EMBEZZLE the Queen’s loan funds, to steal the funds payable to Penn Sylvania Investments, Inc., and to frustrate, postpone, torpedo, jeopardise, encumber, complicate, hijack, divert or otherwise interfere with the internationally mandated transparent US Dollar Refunding Programme.

With the broadening of this mad and counterproductive Psy-Ops offensive to Michael C. Cottrell, B.A., M.S., we have been advised by reliable ‘special’ inside sources, which include the Paymaster, that this IS a cack-handed NSA Cheney (MK-Ultra-type) operation, which has continued under Vice President Biden, who as indicated ‘controls’ the NSA. Biden ‘inherited’ this ‘Black Ops’ offensive.

FEATURES OF THIS COUNTERPRODUCTIVE U.S.G. ‘PSY-OPS’
OPERATION LASTING FOR MORE THAN TWO YEARS ALREADY
Records of earlier such nuisance calls over two years are held in our London office. Meanwhile, during the Editor’s New York visit to date, the following ‘Great Dark Lords’ NSA Cheney-Biden-DVD harassment terrorist phone calls (listed below) have been monitored. Several features of this US Government-sponsored dirty tricks offensive against the Editor in particular have been identified:

(1): The perpetrator STEALS OUR COMMUNICATIONS by employing our published 1-800 number to deposit his load of filth on our voicemail. Stealing electronic communications is a Federal offence, and on Monday 29th March 2010, the Editor will be taking immediate and comprehensive steps to have this outrageous USG ‘Black Ops’ offensive traced and shut down by greatly complicating the lives of personnel at the carrier, itself an intelligence entity, which is permissively allowing this abuse to continue AND CHARGING THIS COMPANY for the privilege of the gross, childish insults, obscenities, blasphemies, verbal terrorism and calumnies against the Editor’s father for which this US Government abomination is criminally responsible.

(2): As we have caller ID in the New York office, we can immediately identify a rogue incoming call. During the present New York visit to date, the Editor has recorded as many of these ‘Black Ops’ calls as he can when physically present in the office.

Note: Because of the arrangement that we have in the New York office to capture our Western Hemisphere incoming phone calls, and as a matter of convenience, we have a loop arrangement whereby the 1-800 calls are routed to the London office automatically. When the Editor is in New York, the calls are re-routed from London back to New York. When a call using our 1-800 number arrives in the New York Office, a ‘ping’ occurs on the receiving phone, and a few seconds later the other land line receives the incoming call. When in the New York office, the Editor is therefore able to identify incoming callers that dialled the 1-800 number. Because of this arrangement, we are able to prove that the base perpetrator working for the NSA/Cheney/Biden is illegally STEALING OUR COMMUNICATIONS, and in the appended list below, those calls are identified.

(3): The record kept by the Editor of the incoming ‘Black Ops’ rogue calls has identified a rota of phone numbers, as listed here. When called back, the standard ‘Your call cannot be completed as dialled’ is heard. In other words, these dummy phone numbers registered by our Caller ID service are therefore intelligence numbers.

(4): With the high level of success that we have achieved behind the scenes in bringing these matters close to their necessary conclusion, the perpetrator has daily become more and more frantic, repeating his attempts to get through so that he can dump his latest load of pointless and counterproductive verbal terrorism obscenities on our voicemail. The nutcase has lost his cool.

(5): The perpetrator has the capacity of repeating a frustrated attempt to get through (if we pick the receiver up and slam it down) immediately, but from a different telephone number as registered on our Caller ID facility. This can only be done by a ‘Black Ops’ intelligence cadre.

(6): As noted, this ‘Black Ops’ offensive against the Editor, which has been conducted without a break by these maniacs since February 2008, has in recent weeks been extended to Michael C. Cottrell, B.A., M.S. Therefore:

(7): All things considered above, this is a deliberate, orchestrated dirty tricks ‘Black Ops’ offensive implemented by these desperate, filthy criminals lodged inside the US official structures which is supposed to demoralise us and make us ‘go away’. But when Hitler tried to demoralise the British people by bombing British cities, the British people stuck two fingers up in defiance at him, so that the entire bombing operation proved counterproductive.

• As noted above, it has been CONFIRMED to us from inside ‘special’ sources that this is a Cheney operation run through the National Security Agency, inherited by Biden.

In our case, not only has this disgraceful, low, dirty-minded rogue US Government verbal terrorism operation had absolutely no effect, but it has revealed to us loud and clear just how successful our exposures have been and continue to be, in thrusting a steel wrench and a muzzle onto and into the snout of the Unclean Beast and hauling him into an environment known as: ‘Rule of Law’.

The beast is filthy dirty, stinks, emits foul belches, utters imprecations and obscenities, most of which seem to be linked with homosexuality, and is now beside itself because for the past two years and more, this entire costly operation has proved to be a complete waste of its belching time.

And furthermore, the Beast has been caught stealing our US communications – a careless mistake typical of these reckless brainwashed basket cases who take risks as a matter of course.

And remember: THEY NEVER IMAGINED THERE COULD EVER BE ANY EFFECTIVE OPPOSITION.
Which is why the Beast is mad. And why he calls us on Sunday at 6:31 a.m. to have another belch.

CHENEY/BIDEN/NSA ‘BLACK OPS’ VERBAL TERRORISM PHONE CALLS RECEIVED IN OUR OFFICES: THIS IS DELIBERATE U.S. GOVERNMENT HARASSMENT BECAUSE WE ARE HITTING THE CRIMINALISTS’ NERVES AND ARE REFUSING TO BE INTIMIDATED AND TERRORISED
The tiresome detail of ‘NSA/Cheney/Biden ‘Black Ops’ Psy-Ops MK-ULTRA harassment ‘devil’ phone calls against the Editor of this service monitored during this New York visit is as follows:

17 March: 3.40 p.m.

19 March: 213-284 4199*:
All accessed via our 1-800 Number: stealing our telecommunications:
12:50 p.m.; 12: 51 p.m.; 12:52 p.m.; 12:53 p.m.; 01:24 p.m.; 05:44 p.m.

20 March: 213-284 4199*:
Accessed via our 1-800 Number: stealing our telecommunications:
1:24 p.m.

22 March:
All accessed via our 1-800 Number: stealing our telecommunications:
7:52 p.m.: 213-286 4100*
8:09 p.m.: ‘Out of Area’.

23 March:
Accessed via our 1-800 Number: stealing our telecommunications:
10:56 a.m: 213-286 4100*

24 March
All accessed via our 1-800 Number: stealing our telecommunications:
12:53 12:54 p.m.: ‘Out of Area’.: 213-325 3300
12:54 p.m.: ‘Out of Area’.
12:54 p.m.: ‘Out of Area’.
3:57 p.m.: 213-286 4199*
3:57 p.m.: 000-012 3456 Note immediate number switch. (Caller ID data)
4:09 p.m.: 213-286 4199*
9:03 p.m.: 213-286 4199*
9:16 p.m.: 000-012 3456
11:36 p.m.: 213-325 3300

26 March:
All accessed via our 1-800 Number: stealing our telecommunications:
12:00 noon
12:22 p.m.
3:46 p.m.: 213-325 3500
3:47 p.m.: 000-012 3456
3:48 p.m.: 213-325 3500
3:56 p.m.: 213-325 3500

27 March:
All accessed via our 1-800 Number: stealing our telecommunications:
11:57 a.m.: 213-286 4199*
12:37 p.m.: 000-012 3456
1:21 p.m.: 213-286 4199*
1:21 p.m.: ‘Out of Area’. Note immediate number switch.
1:29 p.m.: 213-286 4199*
1:30 p.m.: ‘Out of Area’.
2:06 p.m.: 213-286 4199*
2:06 p.m.: 213-286 4199*

* Traced to Teleport Communications, Los Angeles, CA.

28 March [Sunday]:
6:31 a.m.: 213-286 4199*
6:43 a.m.: ‘Out of Area’.
Landline disconnected.

6: 49 a.m.: Unable to get through to utter obscene imprecations against the Editor, the paid hack working for Cheney/Biden/NSA called Michael C. Cottrell at this hour to verbally terrorise him.

29 March [Monday] FOLLOWING POSTING OF THIS REPORT:
6.47 a.m.: ‘Out of Area’.
6:52 a.m.: 213-286 4199*
First landline disconnected.
Six further illegal attempts via our 1-800 number stealing our communication every few minutes.
Second landline disconnected.

• Note: It is clear that we have hit a nerve. Measures have now been taken to terminate this verbal terrorism perpetrated by the sick Cheney/Biden/NSA cadre. No doubt they think they are above the law as they deny the Rule of Law, and think they have carte blanche to continue perpetrating verbal terrorism against the Editor irrespective of this exposure. We will NOT BE INTIMIDATED.

There are also indications of some Canadian involvement. Under a disgraceful ‘Black Ops’ bilateral agreement between the US Intelligence Power and Canadian Intelligence, the Canadians spy on US citizens, and the Americans spy on Canadian citizens. That way, both have false ‘deniability’ and can state that they do not spy on their own citizens (or, in the case of Canada, subjects). The Canadian intelligence community is seriously corrupt and extremely unpleasant to have to deal with.

• Michael C. Cottrell has been attacked by the SAME ‘Psy-Ops’ operative who has been attacking the Editor since February 2008: for instance, during the Editor’s current New York visit Mr Cottrell was telephonically attacked inter alia as follows:

24 March: Three harassment calls from the Biden maniac.

26 March: Five harassment calls from the possessed nutcase working for Cheney’s NSA ‘Black Ops’ cadre under Biden: 4:00 p.m.; 4:01 p.m.; 4:03 p.m.; 4:07 p.m.; 4:08 p.m..

27 March: Harassment calls from the NSA-Cheney-Biden ‘Psy Ops’ maniac at 7:38 a.m. and 12: 52p.m.

SALVATORE R. DEFRANCESCO LINKED TO BIDEN:
THE NEW TWIST IN THE PENNSYLVANIA FRAUD
Pennsylvania Investments, Inc., owned by Michael C. Cottrell, B.A., M.S., with his wife Diane as a shareholder, was organised as Commonwealth of Pennsylvania Corporation Number 844244 filed on the 11th December 1984 by the Commonwealth of Pennsylvania Department of State Corporation Bureau approved by the signature of the Secretary of the Commonwealth of the day.

The corporation remains organised and incorporated as a Business Corporation under Section 204 of the Commonwealth of Pennsylvania Business Corporation Law act of 5th May 1933 (P.L. 364 (15 P.S. Section 1204) for the following purposes as stated in the founding documents [copies of which we hold on file] filed by the Commonwealth of Pennsylvania Department of State on 11th December 1984, namely: ‘To engage in and to do all lawful acts concerning any or all lawful business for which a corporation may be incorporated under the Business Corporation Law of Pennsylvania Act of May 5, 1933, P.L. 364, as amended’. And:

‘The term for which the corporation is to exist is: Perpetual’.

On 25th March 2010, Michael C, Cottrell, B.A., M.S., finally received a response from the following element of the Commonwealth of Pennsylvania’s bureaucracy [see our reports dated 19th and 24th March for background]:

Commonwealth of Pennsylvania
Department of State
Corporation Bureau
401 North Street, Room 206
P.O. Box 8722
Harrisburg, PA 17105-8722
WWW.DOS.STATE.PA.US/CORPS

BUSINESS PROCESSING SECTION
717-787 1057

The document, dated 03/19/2010 was addressed to and contained the following:

RE: 844244
PENNSYLVANIA INVESTMENTS, INC.

To Whom it May Concern:

The enclosed filing is being returned for the following reasons:

1. 125 – Per 15 PAQ C.S. 1110 we don’t file this information.
2. 134 – There is no provision in the General Associations Act that enables the Department of State to change a corporate officer. Please contact the Pennsylvania Department of Revenue in order to report your current corporate officers. Department of Revenue Bureau of Receipts & Control Department 280430 Harrisburg, PA 17128-0430
3. 161 – Your check has been deposited. Please return this notice along with your corrected filing. Failure to do so may result in further rejections.

In our report dated 24th March 2010, we published the following
segment which it is necessary to reproduce here:

MR COTTRELL’S LATEST STRUGGLES WITH
DELIBERATELY UNCOOPERATIVE AND ARROGANT PA OFFICIALS
The officials at the Department of State knew precisely who he was as soon as he called, and proceeded to front a barrage of excuses for their inaction to date, including: ‘We don’t do that’; and:’ You should be speaking to the Pennsylvania Department of Revenue, not to us’; plus words to the effect …‘We can send your filing fee ($70) back’.

After speaking later with the Department of Revenue (in the course of which stressful conversation he was of course cut off), and having been informed condescendingly that ‘he should know’ that changes in corporate officers and their designations needed to be forwarded on Pennsylvania Department of Revenue form REV-1605, Mr Cottrell managed to access form REV-1605 (which they don’t tell you how to access), and thus proceeded to complete the form, which he then submitted [see below] and which reads as follows [The Editor has a copy of the completed form on file]:

Pennsylvania Department of State
Bureau of Corporate Taxes
PO Box 280430
Harrisburg PA 17128-0430

REV-1605 CT (1-10) Schedule Co.
Names of Corporate Officers
Corporate Account ID: XXXXXX*
Corporate Officers:
President/Managing Partner SSN XXX-XX-XXXX* COTTRELL MICHAEL C.
Vice President SSN XXX-XX-XXXX* COTTRELL MICHAEL C.
Secretary SSN XXX-XX-XXXX* COTTRELL MICHAEL C.
Treasurer/Tax Manager SSN XXX-XX-XXXX* COTTRELL MICHAEL C.
Business Name: Pennsylvania Investments, Inc.
EIN: XXXXXXXXX*
Street Address: 1157 West 7th Street
City: Erie
State: PA
Zip Code: 16502
Preparer’s Signature: [Signed] Michael C. Cottrell
Title: President, Vice President, Secretary and Treasurer
Telephone Number: (814) 455 9218
Date: 03/13/2010

* Known to the Editor of this service.

WICKED DIVERSIONARY TACTIC BY CORNERED
PENNSYLVANIA DEPARTMENT OF STATE OFFICIALS:
REPRESENTING THAT PENNSYLVANIA INVESTMENTS, INC.
IS A HOLDING COMPANY, WHICH IS NOT THE CASE
Furthermore, as you will doubtless have observed:

• First, the General Associations Act cited in the Corporation Bureau document dated 03/19/2010 but only received by Mr Michael C. Cottrell on 25th March 2010 is NOT the legislation under which Pennsylvania Investments, Inc. is incorporated in perpetuity.

On the contrary, as stated above, the corporation remains organised and incorporated as a Business Corporation pursuant to Section 204 of the Commonwealth of Pennsylvania Business Corporation Law act of 5th May 1933 (P.L. 364 (15 P.S. Section 1204) for the following purposes stated in the founding documents filed by the Commonwealth of Pennsylvania Department of State on the 11th December 1984: ‘To engage in and to do all lawful acts concerning any or all lawful business for which a corporation may be incorporated under the Business Corporation Law of Pennsylvania Act of May 5, 1933, P.L. 364, as amended’.

• Secondly, the General Associations Act cited in the State Corporation Bureau document dated 03/19/2010 but only received by Mr Cottrell on 25th March 2010 applies to HOLDING COMPANIES, and Pennsylvania Investments, Inc., is NOT A HOLDING COMPANY. Therefore, the bureaucrats in the Corporation Department have WILFULLY introduced A NEW, DELIBERATE DIVERSIONARY OBFUSCATION RED HERRING that contains a typically duplicitous trap, because:

• Thirdly, if Mr Cottrell did not have his wits in permanent overdrive and were to submit to this latest deception, the consequence might be DEEMED TO BE that the status of his corporation had thereby been changed from the status of a Business Corporation to that of a Holding Company.

• In the fourth place, the Corporation Bureau fraudulently contrived effective 8th March 2010 to place the Vice-President of Penn Acceptance Corporation, of 2007 Highway, Suite 315, Pittston TWP, PA 18640-40 on the Pennsylvania Investments, Inc., screen, as ‘Secretary’ of Pennsylvania Investments, Inc., and furthermore, REMOVED their fraudulent insertion of this Mafioso impostor after Mr Cottrell contacted the Governor of Pennsylvania, the Pennsylvania Secretary of State, the Attorney General, the Department of State and the Department of Revenue.

They therefore both IMPOSED and later REMOVED the local Mafioso impostor’s name onto and off the Pennsylvania Investments, Inc. screen without being in any way CONSTRAINED from doing so by the General Associations Act or by any other Statute or impediment.

Which, as you will very readily concur, means that THIS IS ANOTHER DELIBERATE, CONTRIVED, WICKED BUREAUCRATIC DEVICE BY THE SERPENT TO OBFUSCATE THE SITUATION AND TO TRY TO CREATE NEW DIFFICULTIUES IN ORDER TO FRUSTRATE THE PAYMENT OF THE MONIES THAT ARE OVERDUE AND PAYABLE TO PENNSYLVANIA INVESTMENTS, INC….

• AND to DEPRIVE Pennsylvania of $495 million in desperately needed windfall tax revenues.

Furthermore, as you will observe from the above, we are able to prove with this report that this operation is being orchestrated by the Vice President of the United States, Mr Joseph Biden, from Pennsylvania, who thinks he’s another Cheney and can orchestrate the embezzlement of money like Cheney was accustomed to doing.

• In the fifth place, Mr Cottrell’s cheque on behalf of Pennsylvania Investments, Inc., ‘has been deposited’ – i.e., the Corporation Bureau have TAKEN HIS MONEY. Since the CORRECT FORM REV-1605 of the Pennsylvania Department of Revenue was submitted on 23rd March 2010 as required by both the Department of Revenue and the Department of State, the screen for Pennsylvania Investments, Inc. should read as we stated on 24th March 2010, namely thus:

Pennsylvania Department of State
Corporations

Business Entity Filing

Business Name History
Name:
Pennsylvania Investments, Inc.

Name Type: Current Name

Business Corporation – Domestic – Information
Entity Number: 844244
Status: Active
Entity Creation Date: 12/11/1984
State of Business: PA
Registered Office Address: 1157 West Seventh Street, Erie PA 16502-0
Mailing Address: 1157 West Seventh Street, Erie PA 16502-0

Officers:

Name: MICHAEL C. COTTRELL
Title: President
Address: 1157 West Seventh Street, Erie PA 16502-25

Name: MICHAEL C. COTTRELL
Title: Vice President
Address: 1157 West Seventh Street, Erie PA 16502-25

Name: MICHAEL C. COTTRELL
Title: Secretary
Address: 1157 West Seventh Street, Erie PA 16502-25

Name: MICHAEL C. COTTRELL
Title: Treasurer/Tax Manager
Address: 1157 West Seventh Street, Erie PA 16502-25

THEY TOOK MR COTTRELL’S FILING MONEY
BUT DIDN’T CHANGE THE PENNSYLVANIA INVESTMENTS, INC. SCREEN
As at the time and date of this posting, the Commonwealth of Pennsylvania Corporation Bureau screen for Pennsylvania Investments, Inc., reads as follows:

Pennsylvania Department of State
Corporations

Business Entity Filing

Business Name History
Name:
Pennsylvania Investments, Inc.

Name Type: Current Name

Business Corporation – Domestic – Information
Entity Number: 844244
Status: Active
Entity Creation Date: 12/11/1984
State of Business: PA
Registered Office Address: 1157 West Seventh Street, Erie PA 16502-0
Mailing Address: 1157 West Seventh Street, Erie PA 16502-0

Officers:

Name: MICHAEL C. COTTRELL
Title: President
Address: 1157 West Seventh Street, Erie PA 16502-25*

*Note: Having examined several screens for Pennsylvania Corporations including that of Penn Acceptance Corporation, it is noted that the entry against ‘Registered Office Address’ always has the zip code number followed by: -0; whereas the addresses of the officers have the zip code with two different digits, so that in Mr Cottrell’s case, the zip against the officers would read: 16502-25. [In the report dated 24th March 2010, we stated that the officers would have an address zip code: 16502-0. This has been corrected to: 16502-25 in accordance with the Corporation Bureau norm].

SO, MR COTTRELL FAXED THE GOVERNOR OF PENNSYLVANIA’S OFFICE OF GENERAL COUNSEL, THE GOVERNOR OF PENNSYLVANIA, EDWARD G. RENDELL, THE PENNSYLVANIA DEPARTMENT OF STATE CORPORATION DEPARTMENT AND THE PENNSYLVANIA DEPARTMENT OF REVENUE ALL OVER AGAIN, WITH ALL THE DOCUMENTS.

THAT WAY, A MASSIVE PAPER TRAIL PERTINENT
TO ‘MISPRISION OF FELONY’ IS ON THE RECORD
Since, despite banking Mr Cottrell’s cheque on behalf of Pennsylvania Investments, Inc., the Commonwealth of Pennsylvania Corporation Bureau has STILL CONTRIVED NOT TO DISPLAY THE AMENDMENTS REQUIRED BY MR COTTRELL PER PENNSYLVANIA DEPARTMENT OF REVENUE FORM REV-1605 [see above], Mr Michael C. Cottrell, B.A., M.S. faxed and refaxed the documents identified in the following FAX COVER sheets to the named recipients at the times specified below on 26th March 2010 and on the earlier dates also specified herewith:

………………………………………………………………

(1): Governor’s Office of General Counsel:
Faxed 26th March 2010: 11:27 a.m. to 11: 48 a.m.

PENNSYLVANIA INVESTMENTS, INC.
1157 West 7th Street
Erie, PA 16502
Telephone: 814-455 9218
Facsimile: 814- 453 4453
Email: pii-mcc@msn.com

TO: Governor’s Office of General Counsel
333 Market Street, 17th Floor
Harrisburg, PA 17101

REF: Pennsylvania Department of State
FRAUDULENT ENTRY ON www.corporations.state.pa.us/corp

RE: FRAUD AGAINST THIS FIRM STILL CONTINUES:
PERPETRATED B Y VICE PRESIDENT BIDEN
AND SALVATORE DEFRANCESCO et al.

VIA: FAX (717) 772-8570

ITEMS ENCLOSED:
[Note: We are not displaying these items here except to reproduce again, as Appendix 1, the Letter of Notification regarding the Fraudulent Entry of Salvatore DeFrancesco, as we did for the report dated 24th March 2010; and we also reproduce, as Appendix 2, The Certificate of Adoption of Corporate Resolution dated 3/13/2010].

(1): FORM REV-1605 – Completed, Signed and Dated.

(2): (1): Letter of Notification regarding: Fraudulent Entry on www.corporations.state.pa.u.s/corp by person(s) unknown against Pennsylvania Investments, Inc. [3/8.2010]: 3 Pages
Exhibit “A”-1, Exhibit “B”:-1 thru 4, Exhibit “D”-1 & 2.

(3) COPIES 1 & 2 OF ARTICLES OF AMENDMENT – DOMESTIC
CORP (15, Pa. C.S.) PER DEPARTMENT OF STATE INSTRUCTIONS;

• EXHIBIT A – CERTIFICATE OF ADOPTION OF CORPORATE RESOLUTION DATED 3/13/2010.

[Note: They don’t want this document on file: see Appendix 2 below].

• COPY OF PERSONAL CHECK FOR $70.00 USD.

• COPY OF SIGNED DELIVERY AND ACCEPTANCE OF DOCUMENTS BY DEPARTMENT OF STATE [dated] 18 MARCH 2010.

NOTE: STILL AS OF THIS DATE, THERE HAS BEEN NO CORRECTIVE ACTION TAKEN TO RECTIFY THE FRAUDULENT SITUATION THAT CAN PREVENT THIS FIRM’S LEGAL AND LAWFUL RECEIPT OF FIFTEEN BILLION+ UNITED STATES DOLLARS.

[Signed]:
MICHAEL C. COTTRELL, B.A., M.S.
PRESIDENT, CEO, TREASURER AND SECRETARY
3-26-2010

Page 1 of 38 pages.

………………………………………………………………

(2): The Honorable Edward G. Rendell
Governor of Pennsylvania
Faxed 25th March 2010: 6:13 p.m. to 6:32 p.m.

PENNSYLVANIA INVESTMENTS, INC.
1157 West 7th Street
Erie, PA 16502
Telephone: 814-455 9218
Facsimile: 814- 453 4453
Email: pii-mcc@msn.com

TO: The Honorable Edward G. Rendell
Governor of Pennsylvania
225 Main Capitol Building
Harrisburg, PA 17120

REF: Department of State
Department of Revenue

RE: REV-1605 FORM

VIA: FAX (717) 772-8264

ITEMS ENCLOSED:
[Note: We are not displaying these items here except to reproduce again, as Appendix 1, the Letter of Notification regarding the Fraudulent Entry of Salvatore DeFrancesco, as we did for the report dated 24th March 2010; and we also reproduce, as Appendix 2, The Certificate of Adoption of Corporate Resolution dated 3/13/2010].

(1): FORM REV-1605 – Completed, Signed and Dated.

(2): (1): Letter of Notification regarding: Fraudulent Entry on www.corporations.state.pa.u.s/corp by person(s) unknown against Pennsylvania Investments, Inc. [3/8.2010]: 3 Pages
Exhibit “A”-1, Exhibit “B”:-1 thru 4, Exhibit “D”-1 & 2.

(3) COPIES 1 & 2 OF ARTICLES OF AMENDMENT – DOMESTIC
CORP (15, Pa. C.S.) PER DEPARTMENT OF STATE INSTRUCTIONS;

• EXHIBIT A – CERTIFICATE OF ADOPTION OF CORPORATE RESOLUTION DATED 3/13/2010.

[Note: They don’t want this document on file: see Appendix 2 below].

• COPY OF PERSONAL CHECK FOR $70.00 USD.

• COPY OF SIGNED DELIVERY AND ACCEPTANCE OF DOCUMENTS BY DEPARTMENT OF STATE [dated] 18 MARCH 2010.

[Signed]:
MICHAEL C. COTTRELL, B.A., M.S.
PRESIDENT, CEO, TREASURER AND SECRETARY
3-25-2010

Page 1 of 31 pages

………………………………………………………………

(3): Pennsylvania Department of State
CORPORATION BUREAU
Faxed 23rd March 2010: 11:00 a.m.. to 11:15 a.m.

PENNSYLVANIA INVESTMENTS, INC.
1157 West 7th Street
Erie, PA 16502
Telephone: 814-455 9218
Facsimile: 814- 453 4453
Email: pii-mcc@msn.com

TO: Pennsylvania Department of State
CORPORATION BUREAU
Harrisburg, PA 17105-8722

ATTN: SALLY KROW

RE: REV-1605 FORM

VIA: FAX (717) 783-2244

ITEMS ENCLOSED:
[Note: We are not displaying these items here except to reproduce again, as Appendix 1, the Letter of Notification regarding the Fraudulent Entry of Salvatore DeFrancesco, as we did for the report dated 24th March 2010; and we also reproduce, as Appendix 2, The Certificate of Adoption of Corporate Resolution dated 3/13/2010].

(1): FORM REV-1605 – Completed, Signed and Dated.

(2): (1): Letter of Notification regarding: Fraudulent Entry on www.corporations.state.pa.u.s/corp by person(s) unknown against Pennsylvania Investments, Inc. [3/8.2010]: 3 Pages
Exhibit “A”-1, Exhibit “B”:-1 thru 4, Exhibit “D”-1 & 2.

(3) COPIES 1 & 2 OF ARTICLES OF AMENDMENT – DOMESTIC
CORP (15, Pa. C.S.) PER DEPARTMENT OF STATE INSTRUCTIONS;

• EXHIBIT A – CERTIFICATE OF ADOPTION OF CORPORATE RESOLUTION DATED 3/13/2010.

[Note: They don’t want this document on file: see Appendix 2 below].

• COPY OF PERSONAL CHECK FOR $70.00 USD.

• COPY OF SIGNED DELIVERY AND ACCEPTANCE OF DOCUMENTS BY DEPARTMENT OF STATE [dated] 18 MARCH 2010.

[Signed]:
MICHAEL C. COTTRELL, B.A., M.S.
PRESIDENT, CEO, TREASURER AND SECRETARY
3-23-2010

Page 1 of 29 pages

………………………………………………………………

(4): Pennsylvania Department of Revenue
Faxed 23rd March 2010: 10:42 a.m. to 10:59 a.m.

PENNSYLVANIA INVESTMENTS, INC.
1157 West 7th Street
Erie, PA 16502
Telephone: 814-455 9218
Facsimile: 814- 453 4453
Email: pii-mcc@msn.com

TO: Pennsylvania Department of Revenue
P.O. Box 280430
Harrisburg, PA 17128-0430

ATTN: Bureau of Corporation Taxes

RE: REV-1605 FORM

VIA: FAX (717) 705-6227

ITEMS ENCLOSED:
[Note: We are not displaying these items here except to reproduce again, as Appendix 1, the Letter of Notification regarding the Fraudulent Entry of Salvatore DeFrancesco, as we did for the report dated 24th March 2010; and we also reproduce, as Appendix 2, The Certificate of Adoption of Corporate Resolution dated 3/13/2010].

(1): FORM REV-1605 – Completed, Signed and Dated.

(2): (1): Letter of Notification regarding: Fraudulent Entry on www.corporations.state.pa.u.s/corp by person(s) unknown against Pennsylvania Investments, Inc. [3/8.2010]: 3 Pages
Exhibit “A”-1, Exhibit “B”:-1 thru 4, Exhibit “D”-1 & 2.

(3) COPIES 1 & 2 OF ARTICLES OF AMENDMENT – DOMESTIC
CORP (15, Pa. C.S.) PER DEPARTMENT OF STATE INSTRUCTIONS;

• EXHIBIT A – CERTIFICATE OF ADOPTION OF CORPORATE RESOLUTION DATED 3/13/2010.

[Note: They don’t want this document on file: see Appendix 2 below].

• COPY OF PERSONAL CHECK FOR $70.00 USD.

• COPY OF SIGNED DELIVERY AND ACCEPTANCE OF DOCUMENTS BY DEPARTMENT OF STATE [dated] 18 MARCH 2010.

[Signed]:
MICHAEL C. COTTRELL, B.A., M.S.
PRESIDENT, CEO, TREASURER AND SECRETARY
3-23-2010

Page 1 of 29 pages

………………………………………………………………

IN MEMORIAM AND HORIZONTALISATION NEWS:

MANAGING DIRECTOR OF THE ABU DHABI INVESTMENT AUTHORITY [SCAMMED BY BUSH]
Ahmed bin Zayed Al Nahyan, the Managing Director of the Abu Dhabi Investment Authority, was reported by the Morrocan official news agency MAP to be ‘missing’ after his ‘glider’ crashed into a lake in Morocco on Friday 26th March 2010. The pilot of the craft was rescued ‘in good condition’. Sheikh Al Nahyan was the younger brother of Sheikh Khalifa, Ruler of the United Arab Emirates.

The glider went down near the Sidi Mohammed Ben Abdullah Dam, which forms the lake, located in the Atlantic coastal region near the town of Skhirat, about 35 kilometres south of the Moroccan capital, Rabat. One of the Moroccan royal palaces is located in Skhirat.

Although the AIDA issued its first-ever annual statement literally last week, the document contained no information on the entity’s balance sheet or on the overall size of the fund’s holdings. That’s not surprising because its balance sheet is stuffed with worthless derivative assets, AIDA having been exploited by the Bush Crime Family’s Fraudulent Finance operations.

Whether Al Nahyan was pushed out of the craft over the lake may never be known, of course.

• Barbara Bush in hospital:
Naturally, the foregoing has nothing whatsoever to do with the Houston Chronicle’s 28th March 2010 report that Mrs Barbara Bush, aged 84, who is said to have gained control over some of her husband’s affairs, was admitted to the local Methodist Hospital for ‘routine tests’, according to Jean Becker, George Bush Sr.’s Chief of Staff. Mrs Bush, who underwent surgery to replace her aortic valve in March 2009, was expected to be released ‘in a day or two’.

• On 27th March, a London metals trader, Andrew Maguire, who warned an investigator for the US Commodity Futures Trading Commission (the CFTC) in advance about an intended gold and silver market manipulation operation planned by traders at JPMorgan Chase in February 2010, and whose whistleblowing was publicised by a gold lobby representative at a CFTC hearing held on 25th March 2010 on metals futures trading, was injured with his wife when their car was struck by a hit-and-run driver in the London area. The couple were admitted to the nearest hospital with minor injuries but are expected to recover fully. In a report to a colleague, Mr Maguire said that his car was rammed, apparently deliberately, by a vehicle that rushed out of a side road. The rogue driver was caught by police after a chase in which police helicopters were deployed.

• Note: We will be migrating the crisis-linked In Memoriam and Horizontalisation News spot to the upgraded website when it’s ready, and at that stage we will incorporate the sizeable file of cases that have accumulated since we last updated the list [Archive].

The series will be maintained in a new facility to be added to the website entitled Databank, which will hold lists and other accumulated data published in the reports Archive.

………………………………………………………………

APPENDIX 1:

MICHAEL C. COTTRELL’S LETTER OF NOTIFICATION OF 9TH MARCH 2010 TO THE PENNSYLVANIA DEPARTMENT OF STATE DEMANDING THE IMMEDIATE REMOVAL OF THE NAME OF THE MAFIA IMPOSTOR SALVATORE DE FRANCESCO FROM THE PENNSYLVANIA INVESTMENTS, INC. STATE CORPORATION BUREAU’S OFFICIAL SCREEN, FRAUDULENTLY SHOWING THE IMPOSTOR MAFIOSO AS ‘SECRETARY’ OF THE CORPORATION:

(1): FAX COVER
PENNSYLVANIA INVESTMENTS, INC.
1157 West 7th Street
Erie, PA 16502
Telephone: 814-455 9218
Facsimile: 814- 453 4453
Email: pii-mcc@msn.com

TO: Pennsylvania Department of State
401 North Street, Room 206
P.O. Box 8722
Harrisburg, PA 17105-8721

Attention: Ms. Butler, Supervisor

Via: Fax: 717-783 2244

ITEMS ENCLOSED:
(1): Letter of Notification regarding: Fraudulent Entry on www.corporations.state.pa.u./corp by person(s) unknown against Pennsylvania Investments, Inc. [3/8.2010]: 3 Pages
(2): Exhibit “A”: 12 Pages
(3): Exhibit “B”: 5 Pages
(4): Exhibit “C”: 3 Pages
(5): Exhibit “D”: 15 Pages.

Number of pages including cover: 39
9 March 2010
………………………………………………………………

(2): LETTER OF NOTIFICATION TO
PENNSYLVANIA DEPARTMENT OF STATE:

PENNSYLVANIA INVESTMENTS, INC.
1157 West 7th Street
Erie, PA 16502
Telephone: 814-455 9218
Facsimile: 814- 453 4453
Email: pii-mcc@msn.com

TO: Pennsylvania Department of State
401 North Street, Room 206
P.O. Box 8722
Harrisburg, PA 17105-8721

Attention: Ms. Butler, Supervisor

Reference:
Due Diligence Accounts Payable [Nov 19th, 2004 to March 25th, 2008]

RE: FRAUDULENT ENTRY ON www.corporations.state.pa.us/corp BY PERSON(S) unknown against Pennsylvania Investments, Inc. (3/8/2010)

Via: Fax: 717-783 2244/ AND U.S. MAIL

Dear Ms. Butler:
Per our conversation this date, between approximately 9:34 a.m. EST and 9:40 a.m. EST, I stated to you that Pennsylvania Investments, Inc. is to receive funds in the amount of Fifteen Billion United States Dollars ($15,000,000,000.00 USD):

[Ref: Exhibit “B, Page 1” Payables Due with the Due Diligence Documentation Part 1 and Part 2, dated November 19, 2004 to March 23, 2008]

derived from a “Settlement” between the United States of America, the World Court, the People’s Republic of China, with the signed approval of President Barack Obama, and a loan of Six Point Two Trillion United States Dollars ($6,200,000,000,000.00 USD) to Pennsylvania Investments, Inc., via Her Majesty, the Queen of England (Sovereign of the United Kingdom of Great Britain and Northern Ireland) for the purpose of a Private Funding Refunding of the United States Dollar (Ref: Exhibit “B” Pages 2-4, an Affidavit submitted to Her Majesty, et al. On 29 December 2008).

Additionally, I stated to you that Pennsylvania Investments, Inc. (including Michael C. Cottrell) will pay an amount of Pennsylvania Corporate and Personal taxes of approximately Four Hundred and Ninety-Five Million United States Dollars ($495,000,000.00 USD) from this “Settlement” process.

Page 2: RE: FRAUDULENT ENTRY ON www.corporations.state.pa.us/corp BY PERSON(S) unknown against Pennsylvania Investments, Inc. (3/8/2010):

However, the Pennsylvania Department of State has now become [a] knowing or unknowing participant in the ongoing fraudulent activities [being] attempted to divert said funds and the payment of Pennsylvania Corporate Taxes and/or to steal and place said funds in “off-balance sheet account(s)” with the aid of bank and political fraudsters – located in London (UK), Paris (France), Geneva (Switzerland), Houston and Dallas (Texas), Washington, D.C., and various locations in the Commonwealth of Pennsylvania

The above referenced fraudulent activity is evidenced by the placement of “SALVATORE R. DEFRANCESCO as SECRETARY” as Officer of Pennsylvania Investments, Inc. screen dated March 8, 2010 WITHOUT a correspondent Amendment of Articles – WITHOUT THE KNOWLEDGE OR APPROVAL OF THE DIRECTORS/OWNERS OF PENNSYLVANIA INVESTMENTS, INC.

Therefore, this corporation hereby demands that the name “SALVATORE R. DEFRANCESCO as SECRETARY” BE REMOVED IMMEDIATELY FROM THE SCREEN PAGE IDENTIFYING ENTITY 844244: PENNSYLVANIA INVESTMENTS, INC., 1157 WEST 7TH STREET, ERIE PA 16502-0.

Further, this corporation demands an investigation and a FULL REPORT TO THE BOARD OF DIRECTORS – as to who gave the authority for this name to be placed on said screen, what evidence [exists] of authorization granting said person the position of SECRETARY for this corporation, and what action will be taken against said person committing the fraudulent entry.

If the offending item is not removed immediately upon the facsimile receipt of this letter and documentation, this corporation will move legally for fraud against the Secretary of the Commonwealth, the Honorable Pedro A Cortes, et al., and against SALVATORE R. DEFRANCESCO (INDIVIDUALLY AND SEVERALLY) for Fraud against Pennsylvania Investments, Inc., for THREE (3) TIMES DAMAGES, e.g., FORTY-FIVE BILLION UNITED STATES DOLLARS ($45,000,000,000.00 USD) – since the payment is IMMINENT and therefore the screen identified can be used to divert or steal the aforementioned funds, e.g. [for account of] FIDELITY DEPOSIT & DISCOUNT BANK, et al., and/or PENN ACCEPTANCE CORPORATION, et al..

This firm has NO ACCOUNTS with either. The stated funds are to be deposited with this firm’s identified Securities Account at Morgan Stanley & Co, New York, NY.

Page 3: RE: FRAUDULENT ENTRY ON www.corporations.state.pa.us/corp BY PERSON(S) unknown against Pennsylvania Investments, Inc. (3/8/2010):

Thank you for your immediate attention and assistance in this matter.

Regards,

Michael C. Cottrell, B.A., M.S.
President, CEO and Secretary
Pennsylvania Investments, Inc.
1157 West 7th Street
Erie, PA 16502-1106

Reference:
Exhibit “A”: Pages 1 thru 11;
Exhibit “B”: Pages 1 thru 4;
Exhibit “C”: Pages 1 and 2;
Exhibit “D”: Pages 1 thru 13.

CC:
(1): The Honorable Edward G. Rendell, Governor of Pennsylvania
(2): The Honorable Pedro A Cortes, Secretary of the Commonwealth
(3): The Honorable Tom Corbett, Pennsylvania Attorney General
(4): Robert S. Cessar, United States Attorney, Pittsburgh, PA
(5): A. Clifton Hodges, Esq., Hodges and Associates, 4 East Holly Street,
Suite 202, Pasadena, CA 91103
(6): Mr William Bonney, Sr., BOLDCAP
(7): Mr Dana V. Wilcox

………………………………………………………………

APPENDIX 2:

Note:
This document [with introduction] was posted as the FOREWORD to our report dated 19th March 2010. The Pennsylvania Department of State are resisting the filing of this document

ARTICLES OF AMENDMENT RE: PENNSYLVANIA INVESTMENTS, INC. DATED 13TH MARCH 2010:
Submitted with the $70 necessary filing fee to Pennsylvania Department of State, Corporation Bureau by Pennsylvania Investments, Inc., 1157 West 7th Street, Erie, PA 16502, on 15th March 2010. Pennsylvania Investments, Inc. was incorporated on 11th December 1984 under the following Pennsylvania Statute: 19 PA CODE CH. 35 (1933) P.L. 354, as amended. The Articles of Amendment stated that: ‘The amendment shall be effective on March 13th [2010] at 12:01 pm.’

The amendment was adopted by the Board of Directors pursuant to 15 Pa. C.S. Section 1914(c) or Section 5914(b). ‘The amendment adopted by the Corporation is set forth in Exhibit A attached hereto and made a part hereof’. ‘In testimony whereof, the undersigned corporation has caused these Articles of Amendment to be signed by a duly authorized officer thereof this 13th day of March 2010: PENNSYLVANIA INVESTMENTS, INC.

[Signed] Michael C. Cottrell: Title: PRESIDENT, CEO, SECRETARY AND TREASURER: 3/13/2010

Exhibit A forming an integral part of these Articles of Amendment:

PENNSYLVANIA INVESTMENTS, INC.
1157 West 7th Street
Erie, PA 16502
Telephone: 814-455 9218
Facsimile: 814-453 4453
Email: pii-mcc@msn.com; pii3mcc@gmail.com

EXHIBIT “A”: 13 March 2010

CERTIFICATE OF ADOPTION OF CORPORATE RESOLUTION

I hereby certify that at a meeting of the Board of Directors of Pennsylvania Investments, Inc., a corporation organized and existing under and by virtue of the laws of the state of Pennsylvania, held on the 13th day of MARCH, 2010 at which said meeting a quorum was present and acting throughout, the following resolutions were adopted and ever since have been and now are in full force and effect:

RESOLVED, that due to the attempted fraudulent devices indicated by the PENNSYLVANIA DEPT. OF STATE (www.corporations.state.pa.us/corp) of 8 MARCH 2010, et al., THIS CORPORATION HEREBY DECLARES any and all corporate resolutions pertaining to bank accounts excluding PNC ACCOUNT, ROBIN DRIVE, ERIE, PA, and all other Securities Accounts, excluding MORGAN STANLEY SECURITIES ACCOUNT (16 November 2005), as NULL AND VOID;

RESOLVED, that since this corporation has never granted a non-owner of shares of this corporation any directorship or office, it hereby grants Michael C. Cottrell, B.A., M.S., the retention of full authorities and powers as President, Vice President, Treasurer and Secretary, and is thereby granted full authorization and control of this corporation as per this duly authorized resolution;

IN WITNESS WHEREOF, I have hereunto set my signature
for said corporation this 13th day of March, 2010.

[Signed]:
Michael C. Cottrell, B.A, M.S.
President, CEO, Treasurer, & Secretary
Date: 3/13/2010

[Signed]:
Diane R. Cottrell, B.A., M.A.
(A.K.A. Diane R. Bertolini, B.A., M.A.)
Shareholder
Date: 3/13/2010

• Note: The Editor of this service holds copies
of these Articles of Amendment and of Exhibit “A” in our files.

………………………………………………………………

APPENDIX 3:

The following document was not included in the urgent fax sent by Mr Cottrell dated 9th March 2010 to the Pennsylvania Department of State but is included herewith for reference [and was included in our report dated 19th March 2010]:

PENNSYLVANIA INVESTMENTS, INC.
1157 West 7th Street
Erie, PA 16502
Telephone: 814-455 9218
Facsimile: 814- 453 4453
Email: pii-mcc@msn.com

16 NOVEMBER 2005

CERTIFICATE OF ADOPTION OF CORPORATE RESOLUTION

I hereby certify that at a meeting of the Board of Directors of Pennsylvania Investments, Inc., a corporation organized and existing under and by virtue of the laws of the State of Pennsylvania, held on the 16th day of November 2005 at which said meeting a quorum was present and acting throughout, the following resolutions were adopted and ever since have been and now are in full force and effect:

RESOLVED,
that US Dollar account(s) be established at Morgan Stanley & Co. Incorporated located at 1221 Avenue of the Americas, New York, New York 10020.

RESOLVED,
that Michael C. Cottrell, M.S., as President and Secretary, is hereby empowered with full legal authority to sign any necessary documents to open and conduct business within said account(s) on behalf of this Corporation;

FURTHER RESOLVED, that Michael C. Cottrell, M.S., is hereby granted authority to make, execute, and deliver, any and all written instructions necessary or proper to effectuate the authority hereby conferred to sign any and all necessary documents required to execute instructions regarding activities within said account(s).

IN WITNESS WHEREOF, I have hereunto set my signature for said corporation this 16th day of November, 2005.

[Signed]
Michael C. Cottrell
President and Secretary
Date: 11-16-2005

[Signed]
Diane R Bertolini-Cottrell, B.A., M.A.
Shareholder
Date: 11-16-2005.

………………………………………………………………

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, Hauppauge: 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:

• “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 ARE IN BREACH [SEE REPORTS]:

All securitisation is illegal under US and Common Law: see report dated 10th March 2010.

• 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.

• BEWARE OF MALICIOUS IMITATIONS: It has come to our notice that certain websites have been in the habit of copying reports from this site, attributing the reports to the Editor of this service, but at the same time AMENDING AND INSERTING TEXT NOT WRITTEN BY THE EDITOR.

• This is a very old, malevolent US counterintelligence DIRTY TRICK.

Therefore, you should be advised that the GENUINE ORIGINAL REPORT is, by obvious definition, accessible ONLY FROM THIS WEBSITE. If you come across an article elsewhere that is attributed to the Editor of this service, you should refer to the ORIGINAL ARTICLE HERE and you should bear in mind that the illegally duplicated article may contain text that was NOT written by the Editor of this service, but which was inserted for malicious purposes by counterintelligence.

Likewise, although we haven’t yet had time to elaborate this issue, we have taken drastic steps around the world to close off the malicious piracy of our books. One technique used by several disreputable sites (in the United States, the Netherlands and Switzerland) is to copy our title(s) and (a) to display an image of the front cover WITHOUT THE ISBN DATA at the top of the cover; and (b) to DELETE THE COPYRIGHT PAGE. In so doing, the criminal pirates proclaimed that they knew perfectly well that they were/are engaged in theft and can be prosecuted for stealing copyright.

• 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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• 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.

• It is suitable for PC’s but not for Mac computers. As with all such programs, the License is renewable at a modest fee annually. This is done on-line in the usual way [with the supplier direct].

NEW ‘COLLATERAL’ FOR ‘REVENUE ANTICIPATION BOND’

cropped-chrisstory

AS SOON AS OBAMA SIGNED THE HEALTH BILL: AN IMMEDIATE START-UP OF THE FRAUDULENT CAROUSEL VIA THE FED AND THE SWEDISH RIKSBANK

Wednesday 24 March 2010 01:35

• THE REASON BEHIND THE RUSH TO STAMPEDE THE UNREAD HEALTH BILL THROUGH

• U.S. TREASURY CONJURES UP A ‘REVENUE ANTICIPATION BOND’

• HEALTH CARE FINANCIAL PIPELINE NEEDED AS ‘COLLATERAL’
FOR AN IMMEDIATE, GREEDY RENEWAL OF THE CAROUSEL

• THE QUEENS’ LOAN MONEY IS REPORTED TO HAVE BEEN
ILLEGALLY MOVED AND IS NOT WHERE IT SHOULD BE

• MEMORANDUM TO THE MI-6 (MI-9) OFFICERS IN CHARGE
OF RESOLVING THIS CRISIS, AND INTERPOL

• ANOTHER MOTIVE: PAYEES ARE DEMANDING CASH, IN UNISON

• HEALTH CARE MONEY PIPELINE ALREADY ENCUMBERED LIKE SOCIAL SECURITY

• FRAUDULENT FINANCE IMPERATIVE BEHIND THE UNSEEMLY, GREEDY RUSH

• MORE PENNSYLVANIA DEPARTMENT OF STATE DECEIT

• MAFIOSO SITTING IN HIS OFFICE AS BEFORE

• MR COTTRELL’S LATEST STRUGGLES WITH DELIBERATELY
UNCOOPERATIVE AND ARROGANT PA OFFICIALS

• SECRET DIVERSION INSTRUCTIONS MAY STILL BE ‘LIVE’

• MS. BUTLER COULDN’T BE BOTHERED TO SEND
MR COTTRELL’S PAPERS TO SALLY KROW IN THE SAME BUILDING

• NEW DOCUMENTS SUBMITTED TO THE PA AUTHORITIES

• WHAT THE PENNSYLVANIA INVESTMENTS, INC. CORPORATE SCREEN
WITH THE PA DEPARTMENT OF STATE SHOULD LOOK LIKE NOW

SECURITIZATION IS ILLEGAL UPDATE: In the Subs/Books Update panel immediately below the NEWS panel that you are currently viewing, you will see an announcement concerning publication of Economic Intelligence Review, Volume 12, Numbers 7 & 8. If you press that announcement text and open up the panel, you will see the contents list for the new [2010Q1] issue of E.I.R., including a breakdown of the Chapter Headings for the detailed analysis showing that Securitization is illegal. See our NEWS report dated 10th March 2010 for summaries of some of the data from this analysis. We understand that the report has created uproar in certain corridors of corrupt power.

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’.

‘Seeing what’s at the end of one’s nose requires constant effort’. George Orwell.

• 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.

• 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.

• ADVERTISEMENT: Details of the INTERNET SECURITY SOLUTION software offered by this service in conjunction with a donation can be accessed immediately: See the Home Page World Reports Limited serials catalogue by clicking World Reports Limited and scrolling to foot of page. Scroll to the foot of THIS page to read our extended Ad. for the INTERNET SECURITY SOLUTION.

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 ‘politically incorrect’ [i.e., correct] intelligence books online from this website.

• CMKM/CMKX CASE DOCUMENTS:
Press Archive for this report [29th January 2010]
Case Number CV10-00031 JVS (MLGx):
SERVICE OF CMKM.CMKX $3.87 TRILLION SUIT VS. S.E.C.
You can also access the CMKM/CMKX text at: http://viewer.zoho.com/docs/paKdda
The biggest lawsuit in world legal history: The phantom share giga-scandal.

NEW REPORT STARTS HERE:

THE REASON BEHIND THE RUSH TO STAMPEDE THE UNREAD HEALTH BILL THROUGH
No doubt you may have wondered what all the rush to get the Health Care Bill onto Mr Obama’s desk was all about, and why it was necessary for harassed US legislators to meet all weekend to agree a colossal convoluted piece of Talmudic legislation that none of them were given time to read, so that Mr Obama could sign it into law on Monday 22nd March, whether the law made sense, was legal, or not. Even the House Speaker, Mrs Nancy Polosi, is reported to have said, slyly and pointedly: ‘We won’t know what’s in this bill until it’s become law’.

Well, here’s the answer to the implied questions: what was all the fuss and rush about?

And why did Obama postpone his trip back home to Indonesia after it had been announced – thus revealing that the Health Care Hassle was in fact motivated by an agenda hidden from public view and understanding?

U.S. TREASURY CONJURES UP A ‘REVENUE ANTICIPATION BOND’
With the Health Care Financial Pipeline Bill that was plonked into Obama’s desk with a thud having been signed, the following preplanned financial skullduggery steps were immediately put in play:

(1): A so-called REVENUE ANTICIPATION BOND based on the pipeline of money which is the whole purpose of the Health Care Bill, as we pointed out in our report dated 19th March (1), was activated through the US Treasury.

(2): This REVENUE ANTICIPATION BOND was made available by the Treasury to the Federal Reserve, which is engaged in a hypothecation operation, running it through the oh-so-helpful Swedish Riksbank (the central bank of Sweden).

HEALTH CARE FINANCIAL PIPELINE NEEDED AS ‘COLLATERAL’
FOR AN IMMEDIATE, GREEDY RENEWAL OF THE CAROUSEL
The ‘rush’ to get the Health Care mish-mash onto the Statute Book, and Obama’s postponement of his visit home, was nothing whatsoever to do with the grandiose objectives and grandstanding promulgated by Mr Obama and his apologists.

On the contrary, it had everything to do with creating a new ‘basis’ for further Fraudulent Finance and hidden hypothecation operations.

This programme is being handled by Dr Ben Bernanke and his associate, Mr Dudley, who serves on the Bank for International Settlements’ (BIS) money-shuffling committee whereby, with no checks or balances, money is scooped up from wherever, and often corruptly placed into trades without any accountability whatsoever.

THE QUEENS’ LOAN MONEY IS REPORTED TO HAVE BEEN
ILLEGALLY MOVED AND IS NOT WHERE IT SHOULD BE
Equipped with this new ‘collateral’ basis, it appears that the Geithner Treasury, the Bernanke Federal Reserve, and complicit European central banks, snapped immediately into gear as soon as Obama had signed the bill – starting up the Fraudulent Finance carousel via the Federal Reserve Inter Bank Settlement Fund and almost certainly stealing and diverting some of the Queen’s Loan money in the process.

Because we have been informed that The Queen’s Loan funds payable to Pennsylvania Investments, Inc., are [as of 23rd March 2010] not where they should be at this point in time – contrary to the situation prevailing PRIOR to Mr Obama’s signature of the Health Care Bill.

The highest-level criminalists’ motivation, apart from restarting the Fraudulent Finance carousel, is to snub The Queen and the Chinese parties and to proclaim from behind the scenes: ‘We aren’t going to be told what to do by you’, even though their serial criminality is fully understood in all the relevant corridors of power around the world, and in all the key chancelleries and by all the Heads of State and their staff who matter.

Their serial criminality is also well understood by the non-rogue component of the US Intelligence Power, straining to get this done – which our best sources indicate is at war with the Bush-Clinton Mafiosi serving the interests of the DVD and France, within the Central Intelligence Agency (proxy for the CIA and its 17+ ‘subsidiaries’).

MEMORANDUM TO THE MI-6 (MI-9) OFFICERS IN CHARGE
OF RESOLVING THIS CRISIS, AND INTERPOL
Get cracking immediately and establish what has happened to the Queen’s Loan money.

Take on board the corruption, by extension, of the Swedish Riksbank and any other European central banks involved in this latest leg of White House and Treasury corruption, diversion and stealing of The Queen’s funds.

Use the phrase RULE OF LAW in every conversation with these criminals. And bear in mind that we are on to this latest diversion, just as we picked up on the earlier diversions and thefts.

All concerned, from the British intelligence officers to the Paymaster, are on the line here. It’s got to be sorted and the highest-level corruption has to be exposed.

What on earth is your problem? You can see that we have made colossal strides by the use of PUBLICITY and that this website is read all over the world.

PUBLICISE THE OFFICIAL CRIMINALITY, instead hiding behind sterile and redundant diplomatic and intelligence norms of behaviour. These people are organised criminals who don’t acknowledge the usual diplomatic niceties, and they need to be exposed. YOU CAN EXPOSE THEM.

Don’t be so weak. You have the smarts to sting these people. You like doing stings. Start applying these Black Arts to appropriate effect, instead of weakly standing around metaphorically wringing your hands as these crooks steal and divert the money for the n’th time. They always think they can get away with it. Work as hard as we work, i.e. 24/7, and make it clear to these demons that they will not get away with their serial thievery and corruption.

• We have received unconfirmed reports of a new influx of Interpol officers into the United States since the Editor has been resident in New York (i.e. since 16th March 2010).

ANOTHER MOTIVE: PAYEES ARE DEMANDING CASH, IN UNISON
Ostensibly another rationale here is that all payees that must be paid (i.e. whom the kleptocracy cannot avoid paying) are demanding CASH (as they won’t accept US Treasuries in lieu) and as the Obama Administration has no cash (the real cash-cash having been alienated, leveraged, spent, traded, accounted for, stolen, take your pick), they have to generate new cash seed money, which they are doing ‘as we speak‘ by running the newly-authenticated Treasury Revenue Anticipation Bond through the corrupt Swedish central bank.

Of course so far as the Riksbank is concerned, what they are doing is ‘not corrupt’ because they are working with the Federal Reserve: that’s how they would justify their behaviour here.

HEALTH CARE MONEY PIPELINE ALREADY ENCUMBERED LIKE SOCIAL SECURITY
Before we go any further, note that Obama has therefore already encumbered the new Health Care Financial Pipeline – indicating with crystal clarity that it is regarded as an open-ended, mandatory, endless pipeline of NEW CASH which can be spent at all times in advance, FOR EVER, just like the Social Security surpluses that have been squandered.

As repeatedly pointed out in these reports, the surpluses in the so-called Federal Budget Trust Funds (which cease to be surpluses this Fiscal Year, by the way) are required by US Statute to be ‘invested’ in the Federal Budget’s Federal Funds – that is to say, used for current expenditure.

This means that the surpluses ‘invested’ in Federal Debt held by Government Accounts must be added back not once, but twice: first, because they have long since been squandered on ‘current spending’; and secondly, because they will be needed to meet future mandatory welfare and Social Security obligations.

Since the Social Security Trust Funds are sliding into deficit (for demographic reasons) for the first time this year, the situation on that front is therefore deteriorating rapidly. A chart on page 55 of the current issue of Economic Intelligence Review showing the Federal Debt data (on the basis of the Office of Management and Budget’s published numbers) adjusted to take full account of the above, shows that the corrected level of US Federal Debt outstanding rises from $23 trillion to $30 trillion between FY 2010 and FY 2014 (2) .

FRAUDULENT FINANCE IMPERATIVE BEHIND THE UNSEEMLY, GREEDY RUSH
So, the colossal Health Care Bill was stampeded though the Legislature without US Legislators having a clue what it contained, in order to provide Mr Obama and the Geithner Treasury with the basis for the issuance of a Revenue Anticipation Bond, enabling the Treasury to conduct refunding operations itself and to reignite/carry on corrupt ‘business as usual’ with the kind assistance of the Federal Reserve and the Swedish Riksbank.

And legislators have been drinking champagne in front of the TV cameras to celebrate. But what they are celebrating is NOT an earth-shattering, once-in-a-millennium piece of legislative reform for the benefit of the American people, but rather the creation of a new ‘collateral’ basis that enables these criminals to restart the Fraudulent Finance carousel.

They’ve all been suffering from withdrawal symptoms since their easy fake money playthings were taken away from them in mid-September 2008.

It is our intention to ensure that the champagne that these scoundrels have been quaffing in front of the cameras with such odious arrogance is metaphorically billed to their account.

MORE PENNSYLVANIA DEPARTMENT OF STATE DECEIT
Meanwhile, the Pennsylvania Fraud – A KEY ELEMENT OF THIS SKULDUGGERY – has taken several further extraordinary turns since we last reported, suggesting that the Pennsylvania Department of State and the Pennsylvania Department of Revenue, which stands to gain $495 million in windfall corporate and personal tax revenues following the payment due to Pennsylvania Investments, Inc., mandated by international authorities, are integrated with the White House in perpetrating this corruption and scamming of the American people, not to mention the inhabitants of the Commonwealth of Pennsylvania.

MAFIOSO SITTING IN HIS OFFICE AS BEFORE
Let’s start with the farrago surrounding Salvatore R. DeFrancesco. This Mafioso is listed as Vice President of Penn Acceptance Corporation, 2007 Highway, Suite 315, Pittston TWP, PA 18640-40. The other officers of this corporation are Joseph Limongelli, President and Secretary, and Daniel Limongelli, Treasurer.

We were informed by an impeccable source, who appears to have been lied to by officials, that Treasury agents and the FBI were looking for Salvatore DeFrancesco and that he was expected to have been cuffed by the evening of 19th March 2010.

When we made repeated enquiries about this sequence over the weekend, the trail went blank. Nothing more was heard of the ‘search’ in question.

We therefore assume that this Mafioso, whose name as previously reported had illegally appeared as Secretary of Pennsylvania Investments, Inc., on the firm’s screen with the Department of State Corporation Bureau as of 8th March 2010, is sitting, as before, in his office in Suite 315, 2007 Highway, Pittston TWP, PA 18640-40..

MOLES INSIDE THE PENNSYLVANIA OFFICIAL STRUCTURES?
Which of course implies that the skullduggery, which appears to involve moles located inside the Commonwealth of Pennsylvania’s official structures, continues – a reality that Michael C. Cottrell, B.A., M.S., discovered for himself in the course of a frustrating conversation with the Pennsylvania Department of State on 23rd March 2010 between 8.43 a.m. and 9. 46 a.m., when he enquired why the necessary changes mandated by his Corporate Resolution delivered to and signed for by the Pennsylvania Department of State Corporation Bureau in Harrisburg, PA on 18th March, had not yet been acted upon. After all, it is clearly in Pennsylvania’s interest to collect $495 million.

MR COTTRELL’S LATEST STRUGGLES WITH DELIBERATELY
UNCOOPERATIVE AND ARROGANT PA OFFICIALS
The officials at the Department of State knew precisely who he was as soon as he called, and proceeded to front a barrage of excuses for their inaction to date, including: ‘We don’t do that’; and:’ You should be speaking to the Pennsylvania Department of Revenue, not to us’; plus words to the effect …‘We can send your filing fee ($70) back’.

After speaking later with the Department of Revenue (in the course of which stressful conversation he was of course cut off), and having been informed condescendingly that ‘he should know’ that changes in corporate officers and their designations needed to be forwarded on Pennsylvania Department of Revenue form REV-1605, Mr Cottrell managed to access form REV-1605 (which they don’t tell you how to access, of course), and thus proceeded to complete the form, which he then submitted [see below] and which reads as follows:

Pennsylvania Department of State
Bureau of Corporate Taxes
PO Box 280430
Harrisburg PA 17128-0430

REV-1605 CT (1-10) Schedule Co.
Names of Corporate Officers
Corporate Account ID: XXXXXX*
Corporate Officers:
President/Managing Partner SSN XXX-XX-XXXX* COTTRELL MICHAEL C.
Vice President SSN XXX-XX-XXXX* COTTRELL MICHAEL C.
Secretary SSN XXX-XX-XXXX* COTTRELL MICHAEL C.
Treasurer/Tax Manager SSN XXX-XX-XXXX* COTTRELL MICHAEL C.
Business Name: Pennsylvania Investments, Inc.
EIN: XXXXXXXXX*
Street Address: 1157 West 7th Street
City: Erie
State: PA
Zip Code: 16502
Preparer’s Signature: [Signed] Michael C. Cottrell
Title: President, Vice President, Secretary and Treasurer
Telephone Number: (814) 455 9218
Date: 03/13/2010

* Known to the Editor of this service.

SECRET DIVERSION INSTRUCTIONS MAY STILL BE ‘LIVE’
Why is this so critical? Because all that was achieved earlier was the removal of the name of the Mafioso from the Pennsylvania Department of State’s screen for Pennsylvania Investments, Inc. Removal (under pressure and with a very bad grace) by the Pennylvania authorities of this Mafioso impostor’s name from the official screen did not necessarily mean that an instruction signed by the Mafioso imposter (working with the Bush Sr. criminal nexus that has corrupted the CIA from within), for the funds to be diverted on remittance to Pennsylvania Investments, Inc., does not exist.

In view of the fact that the officials knew exactly who Michael Cottrell was the moment he called them at 8:43 a.m. on 23rd March 2010, and in view of their further excuse-making, bureaucratic stonewalling, intransigence and singular lack of the helpful cooperation for which these officials are paid (as they are there to serve the community, not a corrupt State agenda in cahoots with a corrupt Federal Government), our working assumption is precisely that:

• There is an extant fall-back instruction signed by the impostor Mafioso fake ‘Secretary’ for the Paymaster to divert the funds as directed in such an instruction.

• The Pennsylvania Department of State and Department of Revenue authorities may indeed have been collaborating with the Mafioso working for and/or with Bush Sr. to procure the stealing of the money payable as mandated, to Michael C. Cottrell, B.A, M.S.

• In which case officials within the aforementioned Pennsylvania structures may be party to an attempted scam to SWINDLE Pennsylvania taxpayers out of the prospective and mandated windfall tax payment by Pennsylvania Investments, Inc. of windfall corporate and personal taxes amounting to an estimated $495 million.

MS. BUTLER COULDN’T BE BOTHERED TO SEND MR COTTRELL’S PAPERS TO SALLY KROW
Mr Cottrell also established that Ms. Butler, Supervisor, Pennsylvania Department of State, 401 North Street, Room 206, P.O. Box 8722, Harrisburg, PA 17105-8721, who was ‘not in the office’ on 10th March [see report dated 19th March 2010] has THE SAME FAX NUMBER as the Pennsylvania Department of State Corporation Bureau, Harrisburg, PA 17105-8722 – namely: 714-783 2244. Which of course means that the Corporation Bureau is located in the same office as Ms. Butler.

Ms Butler evidently did not, therefore, forward the Pennsylvania Investments, Inc., Corporate Resolution, to Sally Krow, at the Corporation Bureau – who is the official now identified at the Corporation Bureau in the course of Mr Cottrell’s stressful conversations with these unhelpful officials on 23rd March 2010.

These officials do not yet appear to understand that the layers of corruption that we have destabilised in the course of these necessary investigations and reports make it ultimately UNLIKELY that such ‘coincidences’ will be missed – just Julie A. Castillo’s ‘explanation’ for the placement of this Salvatore R. DeFrancesco as false ‘Secretary’ of Pennsylvania Investments referencing confused Social Security digits dating back many years, didn’t ‘fly’ with us, either.

Clearly, these people are so used to fabricating excuses that they’ve become laid-back with their ‘explanations’.

NEW DOCUMENTS SUBMITTED TO THE PA AUTHORITIES
At 1:45pm EDT on 23rd March 2010, the Editor, at our request, received the following documents from Michael C. Cottrell, B.A., M.S., in connection with the immediate requirement for the proper designations of Mr Cottrell to be displayed on the Pennsylvania Department of State’s screen for Pennsylvania Investments, Inc.:

PENNSYLVAINA INVESTMENTS, INC
1147 West 7th Street
Erie, PA 16502
Corporate telephone: (814) 455-9218
Fax: (814) 453-4453
E-Mail: pii-mcc@msn.com

FAX COVER:

TO: Pennsylvania Department of State
Corporation Bureau
Harrisburg, PA 17105-8722

ATTENTION: SALLY KROW

RE: REV-1605 FORM

VIA: FAX: (717) 783-2244

ITEMS ENCLOSED:

(1): FORM REV-1605 – Completed, Signed and Dated

(2): Letter of Notification regarding:
Fraudulent Entry on: www.corporations.state.pa.u/corp by person(s) unknown against Pennsylvania Investments, Inc. (3/8/2010), 3 PAGES.

Exhibit “A”-1; Exhibit “B”-1 thru 4; Exhibit “D”-1 & 2.1;

Note: The Letter of Notification (published with our report dated 19th March 2010) is appended as an Appendix below, but all other documents referenced with the Letter of Notification should be accessed by going to that report [press: Archive].

(3): COPIES 1 & 2 OF ARTICLES OF AMENDMENT – DOMESTIC CORPORATION (15 Pa C.S.) PER DEPARTMENT OF STATE INSTRUCTIONS.

Exhibit A: Certificate of Adoption of Corporate Resolution dated 3/13/2010

Copy of Personal; Check for $70.00 USD [copy held by the Editor of this service of Michael C. Cottrell’s personal check Number 1042 for $70.00 dated 13th March 2010 for and on behalf of Pennsylvania Investments, Inc].

Note: Attached to Pennsylvania Department of Revenue Form REV-1605: Schedule Co – Names of Corporate Officers, are the following instructions:

State law mandates that the names of corporate officers be available as public information with the PA Department of State. Corporations comply with the requirement by completing the Corporate Officer section of the PA Corporate Tax Report (ACT-101). Corporations that need to update this information during the year must complete the Corporate Officer Schedule (REV-1605) and submit it to the PA Department of Revenue, which forwards this information to the PA Department of State

• Editor’s insert: The Form REV-1605, attached to these instructions, was duly completed by Mr Cottrell on 23rd March 2010 in precise conformity with these official requirements, and forwarded by fax under cover of the FAX COVER sheet indicated above. The documents were forwarded on that date in the first instance by fax to the PA Department of Revenue, PO Box 280430, Harrisburg, PA 17128-0430; and secondly to Sally Krow and the Pennsylvania Department of State, Corporation Bureau, Harrisburg, PA 17105-8722.

Note the above language that:

‘State law mandates that the names of corporate officers be available as public information with the PA Department of State’.

WHAT THE PENNSYLVANIA INVESTMENTS, INC. CORPORATE SCREEN
WITH THE PA DEPARTMENT OF STATE SHOULD LOOK LIKE NOW
The identity of the Corporate Officers of Pennsylvania Investments, Inc., has been furnished as required to the Pennsylvania Department of Revenue for forwarding to the PA Department of State, which has moreover been notified by Mr Michael C. Cottrell, B.A., M.S. of this fact, in accordance with these MANDATORY requirements, so that the PA Department of State can IMMEDIATELY update the screen for Pennsylvania Investments, Inc., which should now read as follows:

Pennsylvania Department of State
Corporations

Business Entity Filing

Business Name History
Name:
Pennsylvania Investments, Inc.

Name Type: Current Name

Business Corporation – Domestic – Information
Entity Number: 844244
Status: Active
Entity Creation Date: 12/11/1984
State of Business: PA
Registered Office Address: 1157 West Seventh Street, Erie PA 16502-0
Mailing Address: 1157 West Seventh Street, Erie PA 16502-0

Officers:

Name: MICHAEL C. COTTRELL
Title: President
Address: 1157 West Seventh Street, Erie PA 16502-25

Name: MICHAEL C. COTTRELL
Title: Vice President
Address: 1157 West Seventh Street, Erie PA 16502-25

Name: MICHAEL C. COTTRELL
Title: Secretary
Address: 1157 West Seventh Street, Erie PA 16502-25

Name: MICHAEL C. COTTRELL
Title: Treasurer/Tax Manager
Address: 1157 West Seventh Street, Erie PA 16502-25

• Memorandum item: A posting by a notorious anonymous Internet source named after CIA-MK-ULTRA operative Richard B. Cheney’s home town in Wyoming, who has purported for years to be fighting for the Ponzi victims’ ‘packages’ but has been deceiving the Ponzi victims all along (as we have indicated on several occasions), in an ongoing cruel, Pavlovian campaign to manipulate their expectations micro-managed by the evil forces within the Intelligence Power, is currently telling the truth: the intention is to steal the lot, as has always been the case: and that includes the Queen’s funds. We have bad news for this snake or nest of vipers.

APPENDIX:
MICHAEL C. COTTRELL’S LETTER OF NOTIFICATION OF 9TH MARCH 2010 TO THE PENNSYLVANIA DEPARTMENT OF STATE DEMANDING THE IMMEDIATE REMOVAL OF THE NAME OF THE MAFIA IMPOSTOR SALVATORE DE FRANCESCO FROM THE PENNSYLVANIA INVESTMENTS, INC. STATE CORPORATION BUREAU’S OFFICIAL SCREEN, FRAUDULENTLY SHOWING THE IMPOSTOR MAFIOSO AS ‘SECRETARY’ OF THE CORPORATION:

(1): FAX COVER
PENNSYLVANIA INVESTMENTS, INC.
1157 West 7th Street
Erie, PA 16502
Telephone: 814-455 9218
Facsimile: 814- 453 4453
Email: pii-mcc@msn.com

TO: Pennsylvania Department of State
401 North Street, Room 206
P.O. Box 8722
Harrisburg, PA 17105-8721

Attention: Ms. Butler, Supervisor

Via: Fax: 717-783 2244

ITEMS ENCLOSED:
(1): Letter of Notification regarding: Fraudulent Entry on www.corporatyions.state.pa.u./corp by person(s) unknown against Pennsylvania Investments, Inc. [3/8.2010]: 3 Pages
(2): Exhibit “A”: 12 Pages
(3): Exhibit “B”: 5 Pages
(4): Exhibit “C”: 3 Pages
(5): Exhibit “D”: 15 Pages.

Number of pages including cover: 39
9 March 2010
……………………………………………………………………………….

(2): LETTER OF NOTIFICATION TO
PENNSYLVANIA DEPARTMENT OF STATE:

PENNSYLVANIA INVESTMENTS, INC.
1157 West 7th Street
Erie, PA 16502
Telephone: 814-455 9218
Facsimile: 814- 453 4453
Email: pii-mcc@msn.com

TO: Pennsylvania Department of State
401 North Street, Room 206
P.O. Box 8722
Harrisburg, PA 17105-8721

Attention: Ms. Butler, Supervisor

Reference:
Due Diligence Accounts Payable [Nov 19th, 2004 to March 25th, 2008]

RE: FRAUDULENT ENTRY ON www.corporations.state.pa.us/corp BY PERSON(S) unknown against Pennsylvania Investments, Inc. (3/8/2010)

Via: Fax: 717-783 2244/ AND U.S. MAIL

Dear Ms. Butler:
Per our conversation this date, between approximately 9:34 a.m. EST and 9:40 a.m. EST, I stated to you that Pennsylvania Investments, Inc. is to receive funds in the amount of Fifteen Billion United States Dollars ($15,000,000,000.00 USD):

[Ref: Exhibit “B, Page 1” Payables Due with the Due Diligence Documentation Part 1 and Part 2, dated November 19, 2004 to March 23, 2008]

derived from a “Settlement” between the United States of America, the World Court, the People’s Republic of China, with the signed approval of President Barack Obama, and a loan of Six Point Two Trillion United States Dollars ($6,200,000,000,000.00 USD) to Pennsylvania Investments, Inc., via Her Majesty, the Queen of England (Sovereign of the United Kingdom of Great Britain and Northern Ireland) for the purpose of a Private Funding Refunding of the United States Dollar (Ref: Exhibit “B” Pages 2-4, an Affidavit submitted to Her Majesty, et al. on 29 December 2008).

Additionally, I stated to you that Pennsylvania Investments, Inc. (including Michael C. Cottrell) will pay an amount of Pennsylvania Corporate and Personal taxes of approximately Four Hundred and Ninety-Five Million United States Dollars ($495,000,000.00 USD) from this “Settlement” process.

Page 2: RE: FRAUDULENT ENTRY ON www.corporations.state.pa.us/corp BY PERSON(S) unknown against Pennsylvania Investments, Inc. (3/8/2010):

However, the Pennsylvania Department of State has now become [a] knowing or unknowing participant in the ongoing fraudulent activities [being] attempted to divert said funds and the payment of Pennsylvania Corporate Taxes and/or to steal and place said funds in “off-balance sheet account(s)” with the aid of bank and political fraudsters – located in London (UK), Paris (France), Geneva (Switzerland), Houston and Dallas (Texas), Washington, D.C., and various locations in the Commonwealth of Pennsylvania

The above referenced fraudulent activity is evidenced by the placement of “SALVATORE R. DEFRANCESCO as SECRETARY” as Officer of Pennsylvania Investments, Inc. screen dated March 8, 2010 WITHOUT a correspondent Amendment of Articles – WITHOUT THE KNOWLEDGE OR APPROVAL OF THE DIRECTORS/OWNERS OF PENNSYLVANIA INVESTMENTS, INC.

Therefore, this corporation hereby demands that the name “SALVATORE R. DEFRANCESCO as SECRETARY” BE REMOVED IMMEDIATELY FROM THE SCREEN PAGE IDENTIFYING ENTITY 844244: PENNSYLVANIA INVESTMENTS, INC., 1157 WEST 7TH STREET, ERIE PA 16502-0.

Further, this corporation demands an investigation and a FULL REPORT TO THE BOARD OF DIRECTORS – as to who gave the authority for this name to be placed on said screen, what evidence [exists] of authorization granting said person the position of SECRETARY for this corporation, and what action will be taken against said person committing the fraudulent entry.

If the offending item is not removed immediately upon the facsimile receipt of this letter and documentation, this corporation will move legally for fraud against the Secretary of the Commonwealth, the Honorable Pedro A Cortes, et al., and against SALVATORE R. DEFRANCESCO (INDIVIDUALLY AND SEVERALLY) for Fraud against Pennsylvania Investments, Inc., for THREE (3) TIMES DAMAGES, e.g., FORTY-FIVE BILLION UNITED STATES DOLLARS ($45,000,000,000.00 USD) – since the payment is IMMINENT and therefore the screen identified can be used to divert or steal the aforementioned funds, e.g. [for account of] FIDELITY DEPOSIT & DISCOUNT BANK, et al., and/or PENN ACCEPTANCE CORPORATION, et al..

This firm has NO ACCOUNTS with either. The stated funds are to be deposited with this firm’s identified Securities Account at Morgan Stanley & Co, New York, NY.

Page 3: RE: FRAUDULENT ENTRY ON www.corporations.state.pa.us/corp BY PERSON(S) unknown against Pennsylvania Investments, Inc. (3/8/2010):

Thank you for your immediate attention and assistance in this matter.

Regards,

Michael C. Cottrell, B.A., M.S.
President, CEO and Secretary
Pennsylvania Investments, Inc.
1157 West 7th Street
Erie, PA 16502-1106

Reference:
Exhibit “A”: Pages 1 thru 11;
Exhibit “B”: Pages 1 thru 4;
Exhibit “C”: Pages 1 and 2;
Exhibit “D”: Pages 1 thru 13.

CC:
(1): The Honorable Edward G. Rendell, Governor of Pennsylvania
(2): The Honorable Pedro A Cortes, Secretary of the Commonwealth
(3): The Honorable Tom Corbett, Pennsylvania Attorney General
(4): Robert S. Cessar, United States Attorney, Pittsburgh, PA
(5): A. Clifton Hodges, Esq., Hodges and Associates, 4 East Holly Street,
Suite 202, Pasadena, CA 91103
(6): Mr William Bonney, Sr., BOLDCAP
(7): Mr Dana V. Wilcox

Notes and References:

(1): In the report dated 22nd March 2010 [Archive] we summarised the money pipeline potential and intention of the Health Care bill as follows:

Compulsory insurance will simply deliver more premium capital to Wall Street.

This is because insurance companies invest on Wall Street the money premiums that they do not yet have to pay out; while government political rationing will mean that less and less is paid out: so that more and more of the premiums will remain in the hands of the criminal financial enterprises.

• Editor’s insert: This, friends, is how the financial enterprises will stay afloat and prosper, given that the US Dollar Refunding Programme is indeed to be handled in the private sector, as we have all along recommended, not by the Government.

(2): Economic Intelligence Review, World Reports Limited, London and New York, Volume 12, Numbers 7 & 8, page 55: chart entitled: ‘US Federal Debt deconstructed: USD millions’. Note that we can only develop assessments on the basis of the data published by the Office of Management and Budget. It is well known that the OMB’s data are unreliable, but the OMB is the official source and we can only base assessments on the data published by the US Government itself.

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, Hauppauge: 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:

• “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.

• BEWARE OF MALICIOUS IMITATIONS: It has come to our notice that certain websites have been in the habit of copying reports from this site, attributing the reports to the Editor of this service, but at the same time AMENDING AND INSERTING TEXT NOT WRITTEN BY THE EDITOR.

• This is a very old, malevolent US counterintelligence DIRTY TRICK.

Therefore, you should be advised that the GENUINE ORIGINAL REPORT is, by obvious definition, accessible ONLY FROM THIS WEBSITE. If you come across an article elsewhere that is attributed to the Editor of this service, you should refer to the ORIGINAL ARTICLE HERE and you should bear in mind that the illegally duplicated article may contain text that was NOT written by the Editor of this service, but which was inserted for malicious purposes by counterintelligence.

Likewise, although we haven’t yet had time to elaborate this issue, we have taken drastic steps around the world to close off the malicious piracy of our books. One technique used by several disreputable sites (in the United States, the Netherlands and Switzerland) is to copy our title(s) and (a) to display an image of the front cover WITHOUT THE ISBN DATA at the top of the cover; and (b) to DELETE THE COPYRIGHT PAGE. In so doing, the criminal pirates proclaimed that they knew perfectly well that they were/are engaged in theft and can be prosecuted for stealing copyright.

• 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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NON-U.S. INTERNET SECURITY SOLUTION CD AVAILABLE: FAR BETTER THAN NORTON ETC
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.

• It is suitable for PC’s but not for Mac computers. As with all such programs, the License is renewable at a modest fee annually. This is done on-line in the usual way [with the supplier direct].

THREE DISTURBING ISSUES TO PONDER WHILE WE WAIT

cropped-chrisstory

FOR THE OUTCOME OF THE PENNSYLVANIA FRAUD INVESTIGATION, THAT IS

Monday 22 March 2010 06:00

• 22ND MARCH: 1:00PM EDT:
THIS REPORT HAS BEEN UPDATED: SEE SECTIONS LABELLED: NEW

• 23RD MARCH: 2:30PM EDT:
ADDITIONAL INFORMATION ON THE BUNKER-BUSTING BOMBS IS APPENDED AT THE FOOT OF THIS REPORT. ISRAEL APPEARS TO BE ENGAGED IN DE FACTO NUCLEAR BLACKMAIL AGAINST THE UNITED STATES, ACCORDING TO DR ALAN SABROSKY, A PROMINENT JEWISH AMERICAN MILITARY ACADEMIC AND MARINE, WHOSE ASSESSMENTS ARE BEING WIDELY CIRCULATED.

• MACROFINANCIAL IMPLICATIONS OF THE PASSAGE OF THE U.S. HEALTH CARE BILL

• NEW: ILLEGAL ANTI-REPEAL PROVISION BURIED INSIDE THE BILL

• NEW: THIS IS THE MEASURE THAT PROSPECTIVELY CURBS OUTLAYS

• NEW: ANTI-REPEAL CLAUSE = CHANGE IN SENATE ‘PROCEDURES’, NOT IN SENATE RULES

• THE ILLEGALITY OF SECURITISATION – IN THREE NUTSHELLS

• THE NORTHERN ROCK CASE IN INTERNATIONAL CURRENCY REVIEW

• PROSPECTIVE USE OF DIEGO GARCIA FOR BOMBING IRAN

• THE SUNDAY HERALD’S 21 MARCH 2010 ARTICLE ON U.S. ABUSE OF DIEGO GARCIA

SECURITIZATION IS ILLEGAL UPDATE: In the Subs/Books Update panel immediately below the NEWS panel that you are currently viewing, you will see an announcement concerning publication of Economic Intelligence Review, Volume 12, Numbers 7 & 8. If you press that announcement text and open up the panel, you will see the contents list for the new [2010Q1] issue of E.I.R., including a breakdown of the Chapter Headings for the detailed analysis showing that Securitization is illegal. See our NEWS report dated 10th March 2010 for summaries of some of the data from this analysis. We understand that the report has created uproar in certain corridors of corrupt power.

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’.

‘Seeing what’s at the end of one’s nose requires constant effort’. George Orwell.

• 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.

• 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.

• ADVERTISEMENT: Details of the INTERNET SECURITY SOLUTION software offered by this service in conjunction with a donation can be accessed immediately: See the Home Page World Reports Limited serials catalogue by clicking World Reports Limited and scrolling to foot of page. Scroll to the foot of THIS page to read our extended Ad. for the INTERNET SECURITY SOLUTION.

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 ‘politically incorrect’ [i.e., correct] intelligence books online from this website.

• CMKM/CMKX CASE DOCUMENTS:
Press Archive for this report [29th January 2010]
Case Number CV10-00031 JVS (MLGx):
SERVICE OF CMKM.CMKX $3.87 TRILLION SUIT VS. S.E.C.
You can also access the CMKM/CMKX text at: http://viewer.zoho.com/docs/paKdda
The biggest lawsuit in world legal history: The phantom share giga-scandal.

NEW REPORT STARTS HERE:

Three issues related to our overall focus, that require immediate attention, are posted here for a short period – while the necessary further enquiries about the hijacked and delayed payments, and the consequences of the Pennsylvania Fraud, continue.

MACROFINANCIAL IMPLICATIONS OF THE PASSAGE OF THE U.S. HEALTH CARE BILL
The first is a pointed comment on the passage of the US Leninist Health Care financial pipeline, which will enable the financial criminals in high office and the banksters to refinance the next generation of financial scams.

Interestingly, we have been learning from potent anecdotal evidence in New York that it appears that a significant proportion of ordinary men and women in the US street understand very well that this so-called Health Care programme represents another unprecedented financial racketeering operation, although few people understand how it will work.

Correspondent Dick Eastman, who may be of Jewish extraction himself, sums the matter up rather succinctly, as follows:

HEALTH CARE PASSES:

• Medicine to be rationed politically.
• Mandatory insurance will simply deliver more premium capital to Wall Street.
• Jewish High Finance will determine what can be spared for operations, tests,
medication, hospitalization, etc.

• Note: You didn’t think the Money Power was going to let those Congressmen
out of that building without passing their bill, did you?

Here is the Leninist money-making scam that Americans have just been saddled with:

• Medicine to be rationed politically:
Compulsory insurance will simply deliver more premium capital to Wall Street.

This is because insurance companies invest on Wall Street the money premiums that they do not yet have to pay out; while government political rationing will mean that less and less is paid out: so that more and more of the premiums will remain in the hands of the criminal financial enterprises.

• Editor’s insert: This, friends, is how the financial enterprises will stay afloat and prosper, given that the US Dollar Refunding Programme is indeed to be handled in the private sector, as we have all along recommended, not by the Government.

• Editor’s further insert: Meanwhile, in accordance with Lenin’s textbook, High Finance will determine what can be spared for operations, tests, medication, and hospital care for the people.

If you are very nice to Barney Frank or Lloyd Blankfein, maybe one of them will let you have priority attention when your child needs an expensive life-saving operation.

• But more probably, they won’t want to know.

ILLEGAL ANTI-REPEAL PROVISION BURIED INSIDE THE BILL
Buried within the massive amendment to the Senate version of the Health Care legislation inserted by Senator Harry Reid of Nevada is an illegal clause which purports to bind Congress in the future from repealing Section 3403. In the United Kingdom, no House of Commons can bind its successor, and the same principle applies in the United States. The offending clause reads:

‘It shall not be in order in the Senate or the House of Representatives to consider any bill, resolution, amendment or conference report that would repeal or otherwise change this subsection’.

The subsection, starting on page 1,000 of this convoluted Talmudic legislation, concerns the regulatory power of the Independent Medicare Advisory Board (IMAB) to ‘reduce the per capita rate of growth of Medicare spending’.

THIS IS THE MEASURE THAT PROSPECTIVELY CURBS OUTLAYS AS EXPLAINED ABOVE
This is the measure that controls, curbs and prospectively reduces the aggregate value of payouts for health care services to Americans, thereby, as explained above, also CURBING payouts by the insurers to pay for the Medicare expenditures incurred – and thereby, in turn again, ensuring that as much of the insurance money remains invested on Wall Street (proxy for the financial markets and system generally) in order to maximise the potential for such funds to be diverted into illicit trading platforms and operations under the radar, contrary to the Law [see below].

ANTI-REPEAL CLAUSE = CHANGE IN SENATE ‘PROCEDURES’, NOT IN SENATE RULES
In order to procure the ‘legality’ of the provision that this subsection cannot ever be repealed or changed in the future, the (Reid-controlled) Senate Parliamentarian has ruled, in a classic example of nefarious ‘loopholeism’, that the anti-repeal provision does not constitute a change of Senate RULES, but rather of Senate ‘procedures’.

The reason for this is that for 200 years, changes in the Senate’s standing rules have required approval by two-thirds of those voting – that is to say, 67 votes, rather than the 60 votes that Senator Reid’s amendment received.

Thus Senator Harry Reid flouted two centuries of standing US Senate rules to pass a measure in the dead of night (which these Dark Forces always try to do) that no Senator has read, and part of which can never be changed (although the anti-repeal provision is illegal).

Senator Reid is reported to have tossed aside an earlier assurance that Senators and the public would have 72 hours to read the language of his contributions to the Senate measure – because if the existence of this clause had been highlighted in time, there might have been an uproar.

After approving the House of Representatives’ bill by 219 to 212 votes on Sunday 21st March 2010, the House adopted a package of changes to it by a vote of 220 to 211.

The package, which was agreed to in negotiations between House and Senate Democrats and the White House, goes to the Senate probably this week.

THE ILLEGALITY OF SECURITISATION IN THREE NUTSHELLS
With reference to our demonstration that all securitisation is illegal under US and Common Law [see report dated 10th March 2010: Archive], there is a trinity of relevant rules or tenets which have their origins in Common (Anglo-Saxon) Law and that can be summed up thus:

(1): No one can contract with another or others to commit a crime or an illegal act.
All such contracts are void.

(2): Only those who are party to the ORIGINAL contract can derive benefit from it, or are obliged to honour its conditions and warranties (Privity of Contract).

Others subsequently deemed to be bound by the contract (by means of assignment) must be made known to all who are party to the ORIGINAL agreement prior to the assignment, with express and adequate notice given and the opportunity offered to discharge all (undisputed) obligations.

(3): In Common Law, the right of assignment does not exist (at least it doesn’t under English Law); although assignment is made possible by virtue of a succession of statutes, but only when strict conditions have been met and are adhered to.

The most important of these is that express and adequate notice HAS to be given, with the
right at all times for any party to discharge any (undisputed) debt or other obligation to the
original counterparty(ies) – and to an assignee only by agreement.

Anyone who challenges this trinity of established legal doctrine is on shaky ground.

The enumerated points above comprise some of the ‘bedrock’ of contract law and if an operator follows this line of thinking to its (il)logical conclusion, and assumes that it is legal to ‘securitise’ assets which are not owned (such as mortgages) but in some contrived or artificial way ‘leased’, then any profits accruing from the ‘lease’ or ‘sale’ (note the parentheses here) of such assets belong to the ORIGINAL parties to the contract, in accordance with the legal maxim:

• ‘The money you make from exploiting my money is my money’.

If your mortgage has been ‘sold on’, ‘bundled’, ‘trafficked’ or exploited in such a way as to generate a profit, you are entitled to some of (probably all of) that profit.

If this is refused, you can demand that the original lender of the mortgage finance who ‘sold on’, ‘bundled’, ‘trafficked’ or exploited your mortgage without reference to you as mortgagor, be
held responsible for repaying the principal and all interest owing.

In the United States, the choice lies between proper conformity with the above, or a R.I.C.O. action requiring the perpetrator(s) upon conviction to pay the capital sum plus interest plus three times damages plus other damages for breach (of the original contract). The perpetrators rely primarily on the ignorance of victims and on the general distrust of the legal system that they encourage.

THE NORTHERN ROCK CASE IN INTERNATIONAL CURRENCY REVIEW
In the Northern Rock case in the United Kingdom that International Currency Review is showcasing in the forthcoming issue [Volume 35, Numbers 1 & 2], the British lender’s predicament is that it lied repeatedly to the former mortgagor about the actual status of her Title Deeds which Northern Rock withheld from her for five years – even informing her in writing at one stage that her Title Deeds had been ‘dematerialised’, before all of a sudden disgorging them (under pressure, no doubt, from British Government lawyers) in June 2009: five years after they should have been handed over in recognition of the fact that the mortgagor had fully paid off her mortgage earlier (which was never factored in to the lender’s calculations).

During the five years when Northern Rock withheld the lady’s Title deeds illegally, she could not move home, as the original Title Deeds were needed for that purpose. That behaviour represented an illegal deprivation by Northern Rock of the mortgagor’s right to move home when she chooses.

PROSPECTIVE USE OF DIEGO GARCIA FOR BOMBING IRAN
The British-owned territory of Diego Garcia in the Indian Ocean, which is leased under some mad and typically misguided agreement to the Americans, is reportedly being stockpiled with bunker-busting bombs for a possible attack on Iran.

Until 21st March 2010, reports of this development were unstable and could not be verified. But, believe it or not, there is an exception to our general rule that the British media are diversionary, controlled and intimidated by the intelligence cells resident inside press rooms (intelligence cells are resident inside press rooms of the leading press and broadcast media in both the United States and Britain: that’s how the press is controlled at the point of delivery).

The exception to this rule is Scotland’s Sunday Herald, which has an enviable reputation for ‘doing its own thing’ in open defiance of the Establishment – an attitude which, obviously, we admire.

Sure enough, the Sunday Herald has just covered the Diego Garcia issue, which we ourselves are extremely concerned about – not least since in our opinion the American Government, which has cynically colluded in the stealing of The Queen’s gold and in the unconscionable diversion of the sovereign Refunding Loan of $6.2 trillion that was delivered to Bank of New York Mellon on 19th-20th July 2007 for that purpose, should be kicked out of bases on British territory.

In a break with our usual practice of complaining that the cowed British ‘mainstream’ doesn’t do its job properly, we now go to the opposite extreme and display herewith the complete Sunday Herald article on this subject, published on 21st March 2010:

THE SUNDAY HERALD’S 21 MARCH 2010 ARTICLE ON U.S. ABUSE OF DIEGO GARCIA
The Foreign Office is coming under mounting pressure to tell the truth about whether there are plans by the United States to use the British island of Diego Garcia as a base from which to launch an attack on Iran.

Leading UK opposition politicians are demanding answers from British Ministers on the rôle played by the Indian Ocean atoll in previous attacks on Iraq and Afghanistan, and in any future strikes.

Last week, the Sunday Herald revealed that 387 bunker buster bombs were being shipped to Diego Garcia by the US military. Some experts suggested that the move could be in preparation for a possible strike against Iran’s nuclear facilities.

Although the island is part of British territory, it is used by the United States as a military base. Some US air strikes against Iraq in 1991 and 2003, and against Afghanistan since 2001, originated from Diego Garcia [which] has also been used for ‘extraordinary rendition’ of suspected terrorists.

“The use of British sovereign territory without restriction is clearly something which causes great concern”, said Sir Menzies Campbell MP, a member of the House of Commons’ Foreign Affairs Committee and a former Liberal Democrat leader.

“The Government has been reluctant to give specific details about the nature of the agreement which governs US occupation. More transparency is unquestionably required”.

The LibDem foreign spokesman, Edward Davey MP, called on the Foreign Secretary, Mr David Miliband, to make clear whether Diego Garcia was being used by the United States to prepare for military action against Iran. “The events relating to this island of shame have damaged Britain’s international reputation”, he said.

The Foreign Office did not respond to a request for comment yesterday.

Last weekend’s Sunday Herald story about the shipment of US bunker busters to Diego Garcia was followed up by scores of media outlets across the world, in the United States, Russia, Europe, Asia, Africa and the Middle East.

One report, from the World Tribune in the United States, said that the shipment had originally been destined for US bases in Israel.

Quoting Congressional sources, it suggested that the bunker busters had been diverted to Diego Garcia as part of an unacknowledged embargo on military equipment for Israel. ENDS.

NEW: OBAMA BLOCKED DELIVERY OF BUNKER-BUSTERS TO ISRAEL
On 18th March 2010, World Tribune published the following article sourced from Washington, which contains much more information about the bunker-busting bombs that are now causing appropriate unease in Britain, as Diego Garcia is British territory.

• Editor’s elaboration:
There is little doubt that Israel is in fact engaged in de facto nuclear blackmail against the United States – as well, we now learn, as against Europe. Only recently, Israel put Western Europe on notice that it would be attacked if its actions threatened Israel – attacked with nuclear weapons from Israel without warning. The warning was issued by an Israeli operative, Martin vanCreveld, who appears to be licensed to say things publicly that the Government wants ‘out there’, but won’t elaborate itself. The source of the insight that Israel is engaged in nuclear blackmail against the United States is the US Jewish military academic cited immediately below.

According to Dr Alan Sabrosky, a US military academic, Jew and former Marine, Israel is a ‘mad dog’, and in a recent tirade he pointed out that ‘mad dogs’ are eventually put down. All of which suggests that a hardline approach to Israel, even supported by Mrs Hillary Clinton who is herself originally of Russian Jewish background, is operating below the radar.

This is slightly beyond the scope of what follows, but White House policy towards Israel elucidated in this report, fits the pattern. We append the text of the World Tribune article dated the 18th March 2010, sourced from Washington, here:

The United States has diverted a shipment of bunker-busters designated for Israel.

Officials said the U.S. military was ordered to divert a shipment of smart bunker-buster bombs from Israel to a military base in Diego Garcia. They said the shipment of 387 smart munitions had been slated to join pre-positioned U.S. military equipment in Israel Air Force bases.

“This was a political decision”, an official said.

In 2008, the United States approved an Israeli request for bunker-busters capable of destroying underground facilities, including Iranian nuclear weapons sites.

Officials said delivery of the weapons was held up by the administration of President Barack Obama, Middle East Newsline reported.

Since taking office, Mr Obama has refused to approve any major Israeli requests for U.S. weapons platforms or advanced systems. Officials said this included proposed Israeli procurement of AH-64D Apache attack helicopters, refueling systems, advanced munitions and data on a stealth variant of the F-15E.

“All the signs indicate that this will continue in 2010”, a Congressional source familiar with the Israeli military requests said. “This is really an embargo, but nobody talks about it publicly”.

Under the plan, the US military was to have stored 195 BLU-110 and 192 BLU-117 munitions in unspecified air force bases in Israel. The U.S. military uses four Israeli bases for the storage of about $400 million worth of pre-positioned equipment meant for use by either Washington or Jerusalem in any regional war.

In January 2010, the administration agreed to an Israeli request to double the amount of U.S. military stockpiles to $800 million. Officials said the bunker-busters as well as Patriot missile interceptors were included in the agreement.

The decision to divert the BLU munitions was taken amid the crisis between Israel and the United States over planned construction of Jewish homes in Jerusalem. The administration, including Secretary of State Hillary Clinton, has warned that Washington could reduce military aid to Israel because of its construction policy.

In 2007, after its war in Lebanon, Israel requested 2,000 BLU-109 live bombs from the United States. The 2,000-pound bomb, produced by Boeing and coupled with a laser guidance kit, was designed to penetrate concrete bunkers and other underground hardened sites.

Israeli ambassador to the United States, Michael Oren, was quoted as saying that his country faced its biggest crisis with the United States since 1975. A pro-Israel lobbyist said Oren was referring to the current US embargo, which echoed a decision taken 35 years ago by then-President Gerald Ford after Israel’s refusal to withdraw from Egypt’s Sinai Peninsula.

Oren has since denied the remark. ENDS.

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, Hauppauge: 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:

• “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.

• BEWARE OF MALICIOUS IMITATIONS: It has come to our notice that certain websites have been in the habit of copying reports from this site, attributing the reports to the Editor of this service, but at the same time AMENDING AND INSERTING TEXT NOT WRITTEN BY THE EDITOR.

• This is a very old, malevolent US counterintelligence DIRTY TRICK.

Therefore, you should be advised that the GENUINE ORIGINAL REPORT is, by obvious definition, accessible ONLY FROM THIS WEBSITE. If you come across an article elsewhere that is attributed to the Editor of this service, you should refer to the ORIGINAL ARTICLE HERE and you should bear in mind that the illegally duplicated article may contain text that was NOT written by the Editor of this service, but which was inserted for malicious purposes by counterintelligence.

Likewise, although we haven’t yet had time to elaborate this issue, we have taken drastic steps around the world to close off the malicious piracy of our books. One technique used by several disreputable sites (in the United States, the Netherlands and Switzerland) is to copy our title(s) and (a) to display an image of the front cover WITHOUT THE ISBN DATA at the top of the cover; and (b) to DELETE THE COPYRIGHT PAGE. In so doing, the criminal pirates proclaimed that they knew perfectly well that they were/are engaged in theft and can be prosecuted for stealing copyright.

• 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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NON-U.S. INTERNET SECURITY SOLUTION CD AVAILABLE: FAR BETTER THAN NORTON ETC
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.

• It is suitable for PC’s but not for Mac computers. As with all such programs, the License is renewable at a modest fee annually. This is done on-line in the usual way [with the supplier direct].

SERVICE OF CMKM/CMKX $3.87 TRILLION SUIT VS. S.E.C.

cropped-chrisstory

BIGGEST LAWSUIT IN WORLD HISTORY: THE PHANTOM SHARES GIGA-SCANDAL

Friday 29 January 2010 00:01

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’.

‘Seeing what’s at the end of one’s nose requires constant effort’. George Orwell.

• 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.

• 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.

• ADVERTISEMENT: Details of the INTERNET SECURITY SOLUTION software offered by this service in conjunction with a donation can be accessed immmediately: See the Home Page World Reports Limited serials catalogue by clicking World Reports Limited and scrolling to foot of page.

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 ‘politically incorrect’ [i.e., correct] intelligence books online from this website.

• THIS POSTING may alternate with the report dated 26th January 2010. Check ARCHIVE…

CMKM/CMKX CASE DOCUMENTS: Case Number CV10-00031 JVS (MLGx):
This posting consists of four elements:

(1): In response to the Editor’s query dated 28th January 2010 to Mr A. Clifton Hodges, of Hodges and Associates, A Professional Law Corporation, Pasadena, CA, as to whether Mr Hodges would wish us to publicise the Letter of Service to David M. Becker, Esq., General Counsel, Securities and Exchange Commission, the Editor received this emailed response from Mr Hodges on the same date [received in London at 18:20]; the communication reads, in part:

‘Good day sir:

You have my unqualified permission to use the Becker letter in any manner you think appropriate… I, and my clients and associates, very much appreciate all you do.

Thanks in advance and please do not hesitate to call upon us at any time. Should the need arise, please feel free to contact me at “odd” hours on my cell phone…’.

(2): Fax Transmittal of the Letter of Service for the attention of Michael C. Cottrell, B.A., M.S.

(3): Letter of Service from the Plaintiffs’ lawyers, Hodges and Associates, to David M. Becker, Esq., General Counsel, Securities and Exchange Commission, SEC Headquarters, Office of the General Counsel, 100 F Street, NE, Washington DC 20549 dated 27th January 2010.

(4): For your convenience, the full text of the complaint Case Number CV10-00031 JVS (MLGx) filed on behalf of CMKM/CMKX Plaintiffs on 8th January 2010 which we posted here on 9th January 2010 but which we are reproducing again here so that all the documents are in one place.

THE DOCUMENTS START HERE:

(2): Fax Transmittal of the Letter of Service for the attention of Michael C. Cottrell, B.A., M.S.:

HODGES and ASSOCIATES
A Professional Law Corporation

4 East Holly Street
Suite 202
Pasadena
CA 91103
Tel: (626) 564-9797
Fax: (626) 564-9111

FAX TRANSMITTAL COVER SHEET

DATE: January 27, 2010: CASE NAME: Anderson, et al., vs Cox, et al.
NUMBER OF PAGES: 3 [INCLUDING THIS COVER SHEET]

Please deliver to:
NAME: Michael Cottrell
FAX NUMBER: (814) 453 4453

From: A CLIFTON HODGES
Re:/Message:
Attached please find a copy of our January 27 2010 letter to David M. Becker, Esq., General Counsel for the SEC regarding the above-referenced matter

(3): Letter of Service from the Plaintiffs’ lawyers, Hodges and Associates, to David M. Becker, Esq., General Counsel, Securities and Exchange Commission, SEC Headquarters, Office of the General Counsel, 100 F Street, NE, Washington DC 20549, dated 27th January 2010:

HODGES and ASSOCIATES
A Professional Law Corporation

4 East Holly Street
Suite 202
Pasadena
CA 91103
Tel: (626) 564-9797
Fax: (626) 564-9111

A.Clifton Hodges
James S. Kostas
Donald W. Ricketts*
*Of Counsel

January 27, 2010
VIA FACSIMILE AND U.S. MAIL
(202) 772-9260

David M. Becker, Esq.
General Counsel
Securities and Exchange Commission
SEC Headquarters
Office of the General Counsel
100 F. Street, NE
Washington, DC 20549

Re: David Anderson, Lt. Col., et al., vs. Christopher Cox, et al.,
USDC Case No. SACV 10-0031-JVS (MLGx)

Dear Mr Becker:
As I am advised, you are aware that I represent seven of CMKM Diamonds, Inc.’s larger shareholders. I have previously provided a copy of our Bivens based class action lawsuit to Kathleen A. Cody, Esq., which was filed in the United States Central District Court of California on January 8, 2010. We are seeking release of funds that have been previously collected for the benefit of CMKM shareholders, or in the alternative for damages in the amount of 3.87 Trillion Dollars, according to proof. A confirmed copy of the USDC Case No. SACV 10-0031-JVS (MLGx) complaint and duly issued summons is attached.

Our complaint names as individual defendants each of the SEC Commissioners who have served since June 1, 2006, as follows: Christopher Cox, Mary L. Schapiro, Cynthia A. Glassman, Paul S. Atkins, Roel C. Campos, Annette L. Nazareth, Troy A. Pareded, Luis A. Aguilar, Elisse B. Walter, and Kathleen L. Casey. I am writing to inquire whether your office is in a position to accept service on behalf of each of the named commissioners; in the event that you are in fact going to represent each of the named commissioners in this litigation, and are willing to execute a waiver of service pursuant to FRCP Rule 4(d), I would appreciate early advice of this fact. If you will accept service on behalf of these named defendants and have them execute a waiver, I will prepare the same and submit them to your office forthwith.

In the event that you are unable to accept service for these defendants, I would appreciate your early advice to that effect. Please respond to this correspondence no later than February 5, 2010. Should I not hear from you by that date, I will serve the individually named defendants personally. Thank you in advance for your courtesy and cooperation.

Very truly yours,

HODGES AND ASSOCIATES
[Signed]
A.CLIFTON HODGES

ACH/gm
Enclosures

Cc: Kathleen A Cody, Esq.
Clients.

BCC: Michael Cottrell

(4): For your convenience, the full text of the complaint Case Number CV10-00031 JVS (MLGx) filed on behalf of CMKM/CMKX Plaintiffs on 8th January 2010 which we posted here on 9th January 2010, but which we are reproducing again here so that all the documents are in one place:

THE SUMMONS CIVIL COVER SHEET DISPLAYS:
‘MONEY DEMANDED IN COMPLAINT: $3.87 TRILLION’

A. CLIFTON HODGES, State Bar No. 046803
HODGES AND ASSOCIATES

4 East Holly Street
Suite 202
Pasadena
CA 91103
Tel: (626) 564-9797
Fax: (626) 564-9111

Attorneys for Plaintiffs

UNITED STATES DISTRICT COURT
CENTRAL DISTRICT OF CALIFORNIA

DAVID ANDERSON, LT. COL.; NELSON L. REYNOLDS, LT. COL.; SHEILA MORRIS; PATRICK CLUNEY; ROBERT HOLLENEGG; ALLAN TREFFRY; and REECE HAMILTON, Individually and on behalf of all similarly situated,

Plaintiffs,

vs.:

CHRISTOPHER COX, an individual; MARY L. SCHAPIRO, an individual; CYNTHIA A. GLASSMAN,
an individual; PAUL S. ATKINS, an individual; ROEL C. CAMPOS, an individual; ANNETTE L. NAZARETH, an individual; TROY A. PAREDES, an individual; LUIS A. AGUILAR, an individual; ELISSE B. WALTER, an individual; KATHLEEN L. CASEY, an individual;

and DOES 1 through 10, inclusive,

Defendants. Case No.: CV10-00031-JVS (MLGx)

COMPLAINT FOR DECLARATORY JUDGMENT,
AND FOR DAMAGES FOR VIOLATION OF CIVIL RIGHTS

(JURY TRIAL DEMANDED)

COME NOW Plaintiffs DAVID ANDERSON, LT. COL.; NELSON L. REYNOLDS, LT. COL.; SHEILA MORRIS; PATRICK CLUNEY; ROBERT HOLLENEGG; ALLAN TREFFRY; and REECE HAMILTON, individually and on behalf of all others similarly situated, who, for causes of action herein allege:

INTRODUCTION:

1. This action for declaratory judgment and for damages for violations of the Plaintiffs’ civil rights under Bivens v. Six Unknown Agents of the F.B.I., 403 U.S. 388 (1971), against Commissioners of the Securities and Exchange Commission, arises out of actions and failures to act occurring over the period from January 1, 2006 to date by Defendants CHRISTOPHER COX, an individual; MARY L. SCHAPIRO, an individual; CYNTHIA A. GLASSMAN, an individual; PAUL S. ATKINS, an individual; ROEL C. CAMPOS, an individual; ANNETTE L. NAZARETH, an individual; TROY A. PAREDES, an individual; LUIS A. AGUILAR, an individual; ELISSE B. WALTER, an individual; KATHLEEN L. CASEY, an individual; and other government agents whose names are not now known to the Plaintiffs.

2. These Defendants, acting in the course and scope of their employment by the United States of America as duly authorized Commissioners of the Securities and Exchange Commission, a federal agency, through their acts and omissions knowingly, consciously, wrongly, without compensation and without due process of law have effected a taking of property from each of the named Plaintiffs and all who are similarly situated.

JURISDICTION AND VENUE:

3. This action for declaratory relief and damages is predicated on the provisions of the Constitution and Statutes of the United States, the legal and equitable jurisdiction of this Court, the principles of common law, and this Court’s concurrent and pendant jurisdiction.

4. This Court has jurisdiction over the Plaintiffs’ claims under Article III of the United States Constitution and the Fifth Amendment thereto. This Court has jurisdiction over Plaintiffs’ property rights under the foregoing citations and, in addition, pursuant to Title 28 U.S.C., Section 1331 and the case law precedent of Bivens v. Six Unknown Agents of the F.B.I., 403 U.S. 388 (1971).

5. Venue is proper in this Court under Title 28 U.S.C., Section 1391(e)(1)/(2). Defendants are all past or current Commissioners of the Securities and Exchange Commission and therefore agents of the United States Government, and a substantial part of the property, and the acts related to such property subject to Plaintiffs’ claims, occurred or was situated in this Central District of California at all times relevant.

THE PARTIES:

6. Plaintiff DAVID ANDERSON, LT. COL., U.S. Air Force pilot, resides in the State of Missouri, owns more than 280,000,000 shares of stock in CMKM Diamonds, Inc., and at all times relevant to the allegations set forth herein, was a citizen of the United States.

7. Plaintiff NELSON L. REYNOLDS, LT. COL., U.S. Air Force pilot, resides in the State of Texas, owns more than 15,000,000 shares of stock in CMKM Diamonds, Inc., and at all times relevant to the allegations set forth herein, was a citizen of the United States.

8. Plaintiff SHEILA MORRIS, a company owner/CEO resides in the State of North Carolina, owns
more than 400,000,000 shares of stock in CMKM Diamonds, Inc., and at all times relevant to the allegations set forth herein, was a citizen of the United States.

9. Plaintiff PATRICK CLUNEY, a retired professional athlete resides in the State of Florida, owns more than 680,000,000 shares of stock in CMKM Diamonds, Inc., and at all times relevant to the allegations set forth herein, was a citizen of the United States.

10. Plaintiff ROBERT HOLLENEGG resides in the State of North Carolina, owns more than 85,000,000 shares of stock in CMKM Diamonds, Inc., and at all times relevant to the allegations set forth herein, was a citizen of the United States.

11. Plaintiff ALLAN TREFFRY, a licensed State of California Attorney, resides in the County of Los Angeles, State of California, owns more than One Billion shares of stock in CMKM Diamonds, Inc., and at all times relevant to the allegations set forth herein, was a citizen of the United States.

12. Plaintiff REECE HAMILTON, a business owner/partner resides in the County of Los Angeles, State of California, owns more than One Billion shares of stock in CMKM Diamonds, Inc., and at all times relevant to the allegations set forth herein, was a citizen of the United States.

13. Defendants CHRISTOPHER COX, Chairman 2005-2009, MARY L. SCHAPIRO, Chairman 2009-2010, CYNTHIA A. GLASSMAN Commissioner 2002-2006, PAUL S. ATKINS, Commissioner 2002-2008, ROEL C. CAMPOS, Commissioner 2002-2007, ANNETTE L. NAZARETH, Commissioner 2005-2008, TROY A. PAREDES, Commissioner 2008-2010, LUIS A. AGUILAR Commissioner 2008-2010, ELISSE B. WALTER Commissioner 2008-2010 and KATHLEEN L. CASEY, Commissioner 2008-2010: are and, at all referenced times mentioned herein were, acting as individuals and as Commissioners of the Securities and Exchange Commission, an agency of the UNITED STATES OF AMERICA, and acting within the course and scope of their employment. These Defendants are the real parties in interest in the claims set forth herein.

14. Other employees and servants of the Securities and Exchange Commission are also liable for damages under the causes of action set out in this Complaint. However, the names of these employees and servants are not now known to Plaintiffs, who thereby names them herein as DOES 1 through 10. When the names of these employees and servants become known, Plaintiffs reserve the right to amend this Complaint to add the names of these DOE Defendants.

FACTUAL CONTENTIONS APPLICABLE TO ALL CAUSES OF ACTION:

15. In November and December, 2002, CYBER MARK INTERNATIONAL INC., a public company domiciled in Nevada, reverse-merged with Casavant Mineral Claims, which then held mineral claims to more than 600,000 acres within Saskatchewan, Canada, increased authorized capital from 500,000,000 to 10,000,000,000 common shares, cancelled all preferred shares, and changed its name to CASAVANT MINING KIMBERLITE INTERNATIONAL, INC. (CMKI); as of February 3, 2003, 7,241,653,404 shares were issued and outstanding.

16. During the succeeding months CMKI declared a 2 for 1 stock split and filed with the Securities and Exchange Commission: Form 15 exemption claim, July, 2003; Certificate of Amendment to Articles of Incorporation changing its name to CMKM DIAMONDS, INC. (CMKM), February 5, 2004; Certificate of Amendment to Articles of Incorporation raising its authorized capital to 500,000,000,000 common shares @ $0.001 par value, March 1, 2004; Certificate of Amendment to Articles of Incorporation correcting the par value of common shares as of December 26, 2002 to $0.0001 par value, July 13, 2004; Certificate of Amendment to Articles of Incorporation raising its authorized capital to 800,000,000,000 common shares @ $0.0001 par value, July 13, 2004.

17. During the summer and fall of 2004: New York Attorney Roger Glenn was retained by the company; the number of acres upon which CMKM held claims increased to over 1.2 Million acres; claims development activity was pursued by the company; and a shareholders appreciation party was planned to be celebrated in Las Vegas, Nevada to thank the shareholders, to give them an opportunity to meet company personnel, and to announce an agreed upon merger with another public company, U.S. CANADIAN MINERALS INC. On the eve of the party celebration, the Securities and Exchange Commission placed an order on CMKM preventing any public disclosure of anticipated mergers or other development information.

18. In early 2005, CMKM announced the addition of Robert A. Maheu to the Board of Directors who shortly thereafter became the co-chairman of the Board; CMKM announced a new “corporate strategy plan to dramatically and comprehensively transform” the company for generation of consistent, long-term growth and profitability for the shareholders; CMKM filed an amended Form 15 on February 17, 2005 reinstating the company to a public reporting status; and on March 3, 2005 was notified by the Securities and Exchange Commission of a temporary suspension of trading of the company’s stock (Pink Sheets-CMKX) based upon, inter alia, concerns over the “adequacy” of publicly available information.

19. On March 16, 2005 the Securities and Exchange Commission instituted a public administrative proceeding pursuant to Section 12 (j) of the Securities Exchange Act of 1934 against CMKM to determine whether the company was required to file periodic reports under Section 12(g) and whether CMKM failed to comply with Section 13(a), and rules there-under, by failing to so file. CMKM responded on April 11, 2005 admitting that CMKM had a duty to file public reports and alleging various grounds of mistake, malpractice and other affirmative defenses to the factual allegations.

20. From March 17, 2005 through April 29, 2005 CMKM traded publicly in the US under the trading symbol “CMKX,” a total of 551,756,751,833 shares, an average share volume of more than 17 billion shares per day, reaching a maximum on April 21, 2005 of 94,654,588,201 shares. These figures do not include foreign trades nor trades made on an ex-clearing basis such as those disclosed by Jefferies & Company , Inc. on May 6, 2005: between March 25, 2004 and September 21, 2004 Jefferies traded 111,780,681,204 shares of CMKX stock on an ex-clearing basis.

21. On May 10, 2005 the Section 12 (j) administrative proceeding was conducted in a United States Central District of California courtroom; the Administrative Law Judge, Honorable Brenda P. Murray entered her decision on July 12, 2005 finding the facts to be as alleged by the Securities and Exchange Commission. CMKM then filed a Petition for Review which was granted, and a briefing schedule set.

22. On October 20, 2005: Robert A. Maheu resigned as a member and co-chairman of the CMKM Board of Directors; Urban Casavant agreed to remain as the sole officer and Director of CMKM until the affairs of CMKM were wound up to ensure all shares and other assets of CMKM were properly distributed to its stockholders; CMKM entered into an agreement with Entourage Mining Ltd. pursuant to which CMKM assigned its 50% interest in United Carina Resources Corp. to Entourage for 15,000,000 shares of stock, sold its 36% interest in Nevada Minerals, Inc. claims to Entourage for 5,000,000 shares of stock, and made a joint agreement with 101047025 Saskatchewan Inc. and Entourage whereby certain claims were transferred and CMKM became entitled to receive 30,000,000 shares of stock; CMKM’s other agreements with United Carina Resources Corp. and Nevada Minerals Inc. were terminated.

23. On October 21, 2005 CMKM approved formation of a Task Force consisting of Robert A.
Maheu, Donald J. Stoecklein and Bill Frizzell for the purpose of assisting CMKM and Mr. Maheu, as “designated Trustee, to conduct an orderly and verifiable pro rata liquidating distribution of any Entourage Mining Ltd. shares…and any other available assets of CMKM;” the SEC Petition for Review was withdrawn by CMKM on October 21, 2005 and a Securities and Exchange Commission Order de-registering CMKM subsequently was formally entered on October 28, 2005. CMKM had 703,518,875,000 shares of common stock issued and outstanding on that date.

24. On November 4, 2005 CMKM established a web site (CMKMTaskForce.com) for the purpose, inter alia, of advising all shareholders to request physical share certificates evidencing their ownership interest in CMKM as one means of establishing that they were bona fide shareholders of the company. The company intended at that time to wind up its affairs and distribute the 50 million shares of Entourage Mining Ltd. stock and any other assets, including previously unpaid dividends, to the bona fide shareholders. The web site set forth procedures to be followed and established a means of registering all bona fide shareholder certificates prior to December 31, 2005; certificates evidencing 43,309,298,585, shares had been registered at that time.

25. A frequently asked question (FAQ) page was added to the web site on the evening of November 4, 2005 and in response to a question about the degree of naked shorting of CMKM stock, the Task Force indicated that “Credible information indicates the number of naked short shares is potentially as high as 2 Trillion shares”.

26. The Task Force issued a press release on January 19, 2006 discussing a reduction in total shares of Entourage Mining Ltd. stock to be distributed to CMKM shareholders from 50 Million shares to 45 Million shares as a result of a reduction in mining claims involved.

The Task Force also discussed issues involving difficulties obtaining physical share certificates being experienced by shareholders; accordingly the deadline date for registration of shares was extended to March 15, 2006.

The Task Force was provided a new “cert list” by First Global Stock Transfer showing certs issued “and active” on January 13, 2006; ADP Services also provided information to the Task Force. This data reflected a sample of 25,021 certificates representing 350,000,000,000 plus shares of stock and a total of more than 67,000 additional certificates to be counted.

27. On March 16, 2006 the Task Force issued a public release that “…we received a visit in our office [in Tyler, Texas] by an E-Trade rep today. This rep personally hand delivered copies of approximately 4000” certificates. Further information regarding on-going discussions with the DTCC and other brokerage houses was also provided.

28. The Task Force provided additional information on March 20, 2006, extending the time for registration of certificates to May 15, 2006, advising the shareholders that Urban Casavant and his immediate family would not participate in the share distribution, and advising that a printed notice to stock holders would be published in at least one nationally circulated United States newspaper.

29. On May 25, 2006 the Task Force received a second batch of 1,200 share certificates from AmeriTrade, having received some 1,000 share certificates a week earlier. AmeriTrade’s cover letter indicated that several hundred more certificates would be delivered within “the next few days.” The deadline for registering certificates of May 15, 2006 had not been extended, although the Task Force continued to advise shareholders that they should obtain their certificates and that the Task Force would honor any bona fide shareholder at the time of asset distribution. By late Fall, 2006, the Task Force had received and counted copies of certificates from more than 39,000 shareholders, evidencing more than 635 Billion shares.

30. Kevin West was hired pursuant to a written agreement by CMKM during the summer of 2006
to assist in winding up the affairs of the company and, more specifically, coordinating the share certificate pull. After serving nearly a year as Interim CEO, Kevin West was appointed Chairman of the Board on March 29, 2007 after which Urban Casavant stepped down as sole director, president, secretary and treasurer of CMKM Diamonds, Inc. Mr. West soon thereafter appointed Bill Frizzell as CMKM General Counsel and provided instructions for the filing of a number of lawsuits to attempt to recover moneys and other assets which had been wrongfully taken from the company.

31. During the period of June 1, 2004 through October 28, 2005 a total of 2.25 Trillion “phantom” shares of CMKM Diamonds Inc, was sold into the public market through legitimate brokers, illegitimate brokers and dealers, market makers, hedge funds, ex-clearing transactions and private transactions. The sales of the majority of such shares were at all times known to the Securities and Exchange Commission, including Defendants herein.

32. At some date prior to June 1, 2004 the Securities and Exchange Commission in concert with the Department of Justice of the United States, together combined with Robert A. Maheu and others to utilize CMKM Diamonds, Inc. for the purpose of trapping a number of widely disbursed entities and persons who were believed to be engaged in naked short selling of CMKM Diamonds Inc. stock and cellar boxing the company.

The Securities and Exchange Commission and the Department of Justice, with assistance from the Department of Homeland Security, believed and developed evidence that said short sellers were utilizing their activities to illegally launder moneys, wrongfully export moneys, avoid payment of taxes, and to support foreign terrorist operations. To fulfill the plan to criminally trap such wrongdoers, the Securities and Exchange Commission, with assistance from the Departments of Justice and Homeland Security:

(a) Assisted in and approved the retention of Roger Glenn, an ex-SEC trial attorney and drafter of Sarbanes-Oxley, to join CMKM Diamonds Inc. for the purpose of verifying claims value, increasing authorized shares of stock to 800,000,000,000, and supervising from the inside of the company;

(b) Encouraged the company to expand its promotional activities, assisted in the set up of the “racing activities” of the company, and underwrote a substantial portion of the cost of such activities;

(c) Consented to, facilitated, and supported the sale of certain company claims to several foreign corporations;

(d) Consented to, facilitated, and supported the conferences between Robert A. Maheu and his associates on the one hand, and the wrongdoing short sellers on the other, all for the purpose of settling the potential liability of said wrongdoers with consent of the U. S. Government and a representation of no criminal prosecution for such illegal sales;

(e) Consented to, facilitated, and supported the declaration of dividends payable by the company to each common shareholder of CMKM Diamonds, Inc.

(f) Consented to, facilitated, and supported the distribution of shares of CIM, a private company owned by Urban Casavant, as a stock dividend, including consent and approval of distribution of said shares to holders of more than 1.4 Trillion shares of CMKM Diamonds, Inc. common stock.

33. During the period from November, 2004 through April, 2005, CMKM Diamonds, Inc. negotiated the sale of some of its Saskatchewan, Canada, mineral claims to three Chinese domiciled corporations with the advice and consent, inter alia, of the Securities and Exchange Commission. Proceeds from the consummation of such sales were placed into a frozen trust for disbursal at a later time.

34. During the period from March, 2004 through August, 2006, on behalf of CMKM Diamonds, Inc. Robert A. Maheu, with assistance from others, negotiated a settlement with the illegitimate brokers, dealers, market makers, hedge funds, and other persons and entities that had engaged in naked short selling of CMKM Diamonds Inc. stock and cellar boxing the company. In exchange for a U. S. Government promise of no prosecution for such sales, the wrongdoers each promised to pay negotiated amounts to a frozen trust for disbursal at a later time.

35. Plaintiffs herein are informed and believe, and based thereon allege, that other moneys have been collected for the benefit of the shareholders of CMKM Diamonds, Inc. from the Depository Trust & Clearing Corporation, from the United States Government, and from the sale of additional assets including consent to enter into joint venture agreements with other companies holding mineral claims in Saskatchewan, Canada. Plaintiffs herein are further informed and believe, and based thereon allege, that said moneys, collected for the benefit of shareholders have also been placed in a trust or are otherwise now held in trust by the Depository Trust & Clearing Corporation and the United States Treasury.

36. Plaintiffs herein are informed and believe, and based thereon allege, that at all times mentioned, the Securities and Exchange Commission reserved unto itself the sole and absolute discretion to determine when moneys collected pursuant to the scheme set forth above would and could be released for distribution.

37. Demand for release of said moneys has been repeatedly presented to the Securities and Exchange Commission without result. Agents and employees of the Securities and Exchange Commission and the Department of Justice have represented repeatedly that the release of moneys for distribution was imminent, and/or would occur within several weeks, and/or would occur within less than a month. Each of said representations have been made knowing them
to be false, and at the specific direction of the named Defendants. These actions of withholding distribution of said moneys, without compensation and without due process of law, amount to a taking of the property of the individual Plaintiffs and of all similarly situated.

38. At all times mentioned herein, the Defendants acted with deliberate indifference or reckless disregard for the Constitutional and other rights of all Plaintiffs, or with the intention and knowledge that they were violating Plaintiffs’ Constitutional or other rights or to cause them other injuries, losses and damage.

39. As a result of the Defendants’ misconduct, each of the named Plaintiffs and all of those similarly situated, have been denied their Constitutional rights, including, but not limited to, their Fifth Amendment right to be secure in their property, free from taking without just compensation and without due process of law, and have suffered injuries and property loss in excess of Three Trillion Dollars.

CLASS ACTION ALLEGATIONS:

40. Plaintiffs bring this action individually, and on behalf of all others similarly situated, and in the public interest.

41. Plaintiffs bring this action on behalf of a class of persons who were and are bona fide shareholders in CMKM Diamonds, Inc., a public company directly supervised by the Securities and Exchange Commission.

42. Plaintiffs are members of said class, have a claim typical of the claims of all members of said class, and will fairly and adequately represent the interests of the members of said class.

43. The members of said class are so numerous that joinder of all members is impracticable.

44. All of the class members are wholly identifiable from documents known to be in the possession of Defendants and of the Securities and Exchange Commission.

45. The claims of the members of said class present common issues of fact and law which predominate over any questions affecting only individual members of the class.

46. The defenses available to defendants to the claims of the members of the class present common issues of fact and law which predominate over any questions affecting only individual members of the class.

47. The prosecution of separate actions by the individual members of the class would create a risk of inconsistent or varying adjudications which would establish incompatible standards of conduct for defendants.

48. Adjudications with respect to individual members of said class would, as a practical matter be dispositive of the interest of other members not parties to the individual adjudications or would substantially impair or impede the right and/or ability to protect their interest.

49. Defendants have acted or refused to act on grounds generally applicable to said class thereby making appropriate final injunctive relief with respect to the class as a whole.

50. Unless ordered by this court, Defendants will continue their illegal and wrongful conduct, and repeated actions by individual class members will be required to obtain relief; and thereby the remedies available at law are inadequate.

51. For all of the above reasons, a class action is superior to other available methods for the fair and efficient adjudication of the claims alleged herein.

FIRST CAUSE OF ACTION
(FOR DECLARATORY RELIEF AGAINST ALL DEFENDANTS):

52. Plaintiffs incorporate as though fully set forth herein, all of the allegations contained in Paragraphs 1 through 39 above.

53. Plaintiffs allege that an actual controversy exists in this jurisdiction, in that it is the Plaintiffs’ contention that:

(a) The Defendants are, or in the past were, Commissioners of the SECURITIES AND EXCHANGE COMMISSION, an agency of the UNITED STATES OF AMERICA. At all relevant times herein, said Defendants were acting as individuals and in their official capacity as agents of the SECURITIES AND EXCHANGE COMMISSION.

(b) On and after January 1, 2006, the Defendants, acting alone and acting in concert with each other, and acting without just cause, did consciously, knowingly, intentionally and wrongfully cause certain acts and omissions to proceed in such manner as to hinder, delay, and ultimately prevent the distribution of moneys held for the benefit of Plaintiffs, and all similarly situated, said moneys being payable to each said person on a per share basis.

(c) The Defendants, and each of them, acted in their individual and their official capacities with deliberate or reckless disregard for the Constitutional and other rights of Plaintiffs and all similarly situated or with malicious intent and with the knowledge that their acts and omissions violated and denied the Constitutional and other rights of Plaintiffs and all similarly situated, or that their acts would cause said Plaintiffs and all similarly situated other injuries.

(d) The Defendants, and each of them, did unlawfully and wrongfully cause certain acts and omissions to proceed in such manner as to hinder, delay, and ultimately prevent the distribution of moneys held for the benefit of Plaintiffs and all similarly situated, even though the Defendants knew that said persons had a vested interest and Constitutional right to receive said moneys in a timely, unfettered and unconstrained manner.

(e) The Defendants, and each of them, knew that Plaintiffs and all similarly situated had a vested interest and Constitutional right to receive said moneys in a timely, unfettered and unconstrained manner when they committed the acts and omissions set forth above, causing each said person to be deprived of property without just compensation and without due process of law.

54. The Defendants, and each of them, contend to the contrary. Therefore, it is necessary and proper for this Court at this time to determine and declare the validity of the contentions of the parties as set forth above.

SECOND CAUSE OF ACTION
(FOR VIOLATION OF THE PLAINTIFFS’ CONSTITUTIONAL RIGHTS AGAINST DEFENDANTS COX, SHAPIRO, GLASSMAN, ATKINS, CAMPOS, NAZARETH, PAREDES,AGUILAR, WALTER, and CASEY):

55. Plaintiffs incorporate as though fully set forth herein all of the allegations contained in Paragraphs 1 through 51, above.

56. Defendants, by committing the above-mentioned acts and omissions, violated and denied the Plaintiffs’ Constitutional rights, and those of all similarly situated, including, but not limited to, their Fifth Amendment right to be secure in their property, free from taking without just compensation and without due process of law.

57. Defendants, and each of them, acted and failed to act with the intent to deny the Constitutional rights of Plaintiffs and of all those similarly situated, or with the intentional or callous disregard or deliberate indifference to those rights. The above described acts of the Defendants, all charged with securities law enforcement as Commissioners of the Securities and Exchange Commission, in violation of the Constitutional rights of Plaintiffs and of all those similarly situated, were not intended to be exempt from liability.

58. As a result of the Defendants’ acts, Plaintiffs and all those similarly situated have suffered injuries and property loss in excess of 3.87 Trillion Dollars in an exact amount to be determined at the time of Trial. Because Defendants’ actions were intentional or done with callous disregard or deliberate indifference to the Constitutional and other rights of all Plaintiffs, this Court should award punitive damages against each individually named Defendant.

WHEREFORE, Plaintiffs seek judgment as follows:

1. For a declaratory judgment, pursuant to Title 28 U.S.C., Sections 2201 and 2202, which determines and declares the validity of the contentions of the parties set forth in Paragraphs 52 to 54, above;

2. For a judgment for compensatory, general and special damages in the amounts prayed for in the Second Cause of action set forth above;

3. For a judgment for punitive damages in an amount sufficient to punish and to make examples of these Defendants, and to deter these Defendants and others from engaging in similar conduct;

4. For an award of reasonable attorney’s fees, expenses and costs of suit incurred herein; and:

5. For such other and further relief as this Court deems just and proper.

Dated: January 10, 2010.

HODGES AND ASSOCIATE

By: [Signed]

A. CLIFTON HODGES
Attorneys for Plaintiffs

DEMAND FOR JURY TRIAL

• EDITOR’S NOTE:
This document should be read in conjunction with our reports dated 7th and 9th January 2010.
These can be accessed instantly by pressing ARCHIVE.

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:

• “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.

• BEWARE OF MALICIOUS IMITATIONS: It has come to our notice that certain websites have been in the habit of copying reports from this site, attributing the reports to the Editor of this service, but at the same time AMENDING AND INSERTING TEXT NOT WRITTEN BY THE EDITOR.

• This is a very old, malevolent US counterintelligence DIRTY TRICK.

Therefore, you should be advised that the GENUINE ORIGINAL REPORT is, by obvious definition, accessible ONLY FROM THIS WEBSITE. If you come across an article elsewhere that is attributed to the Editor of this service, you should refer to the ORIGINAL ARTICLE HERE and you should bear in mind that the illegally duplicated article may contain text that was NOT written by the Editor of this service, but which was inserted for malicious purposes by counterintelligence.

Likewise, although we haven’t yet had time to elaborate this issue, we have taken drastic steps around the world to close off the malicious piracy of our books. One technique used by several disreputable sites (in the United States, the Netherlands and Switzerland) is to copy our title(s) and (a) to display an image of the front cover WITHOUT THE ISBN DATA at the top of the cover; and (b) to DELETE THE COPYRIGHT PAGE. In so doing, the criminal pirates proclaimed that they knew perfectly well that they were/are engaged in theft and can be prosecuted for stealing copyright.

• 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.

BELATED CHRISTMAS MESSAGE FOR THE NEW YEAR

cropped-chrisstory

THE TEMPTATION OF CHRIST AND OUR OWN LIVES

Monday 4 January 2010 00:01

Note: This essay is being posted briefly, but after replacement with the report dated 28th December 2009 or its successor, it will remain immediately accessible via the Archive.

As previously mentioned, the Editor was unable, due to the familiar pressures, to find time to compose a Christmas message in time for the ‘holidays’.

However, by way of ‘compensation’ for that failing, the following thoughts on the Temptation of Christ [Matthew, Chapter 4, verses 1-11] may serve as recompense.

By Christopher Story FRSA

THE CONFIRMATION OF CHRIST AT HIS BAPTISM
‘Then cometh Jesus from Galilee to [the River] Jordan unto John, to be baptised of him’ (1). After John the Baptist had remonstrated with Jesus that it was he, John, who should be baptised by the Lord, rather than the other way round, Jesus asked John to baptise him now: ‘for thus it becometh us to fulfill all righteousness’ (2). So John willingly baptised Jesus in the River Jordan.

Jesus, ‘when he was baptised, went up straightway out of the water: and lo, the heavens were opened unto him, and he saw the Spirit of God descending like a dove, and lighting upon him’.

‘And lo, a voice from heaven, saying, This is my beloved Son, in whom I am well pleased’ (3).

At that moment, Jesus was ‘made Christ’ – Christos, Greek for ‘the Anointed One’. We hear the voice of God speaking directly – to the three special disciples, Peter, James and John – at the transfiguration immediately ahead of Jesus’ passion, these being the only occasions when the voice of God is heard directly in the New Testament (i.e. the New Will, after the Old Will had been torn up when the veil of the Temple was rent in twain (4) when Jesus expired on the Cross):

‘And after six days, Jesus taketh with him Peter, and James, and John, and leadeth them up into an high mountain; and he was transfigured before them. And his raiment became shining, exceeding white as snow; so as no fuller on earth can white them’.

‘And there was a cloud that overshadowed them: and a voice came out of the cloud, saying, This is my beloved Son: hear him’ (5). Thus the voice of the Lord is heard at the very beginning (Alpha) and at the very end (Omega) of Jesus’ Ministry on earth – echoed at the end of the final book of the New Testament, Revelation:

‘And he said unto me [the disciple, John], It is done. I am Alpha and Omega, the beginning and the end. I will give unto him that is athirst [for my Word, the Way, the Truth and the Life] of the fountain of the water of life freely’ – grace being a free gift of God, with no strings attached, that is often represented in Scripture by the metaphor of free-flowing, pure (spiritual) water (without which physical life cannot exist).

‘He that overcometh [temptation and the entrapment operations of Satan and his demons] shall inherit all things; and I will be his God, and he shall be my son’ – echoing the promise repeatedly made to the Children of Israel themselves, which at various stages of their development they rejected, then repented and accepted, and vice versa.

‘But the fearful’ [for if we love Him, we have no fear], ‘and unbelieving’ [‘the fool hath said in his heart, there is no God’ (6) ], ‘and the abominable’ [the degraded human beings, who are possessed by familiars and devils, that invade other countries illegally, murder millions, rendering many more millions homeless, and the compartMENTALised operatives who plot with brainwashed agents to blow up buildings and aircraft], ‘and murderers’ [recall that ‘he (the devil ) was a murderer from the beginning’ (7)] ‘and whoremongers’ [teaching little children depravity, thereby blaspheming against the Holy Spirit *], ‘and idolaters’ [all who covet material things or who worship Mammon, or who lust after worldly rewards, as well as those who worship idols, false invented gods and illusory mental fabrications which are the sterile, mundane inventions of Satan himself], ‘and all liars’ [who have not repented], ‘shall have their part in the lake which burneth with fire and brimstone’ (8).

Now, just as soon as the Holy Spirit had descended upon him when he emerged from the River Jordan having been baptised by John – to emphasise the need for cleansing from sin, even though he himself was without sin – ‘then was Jesus led up by the spirit unto the wilderness to be tempted of the devil’ (9).

AFTER WE HAVE RECEIVED GRACE, WE ARE IMMEDIATELY TEMPTED
This sequence encapsulates a factor of exceptional importance that is probably seldom pointed out by many who consider themselves to be entrusted with the responsibility of teaching the Word.

It is this: just as soon as we have been touched by God’s grace – chosen by God, because we humbled ourselves before Him – Satan says:

‘We can’t have this. I must work overtime to get him or her back’.

This may well happen very rapidly after a person has been touched by grace. So those who have ears to hear and eyes to see should be aware that one or more ‘attacks’ by the Evil One may quickly follow the gift of grace, which is freely given to us by the Lord if we seek him.

Since the person touched by grace has also had his or her eyes opened, he or she will be aware of the attacks when they happen. They may take any form, especially sexual, but quite probably other temptations as well. And this little essay is about temptation, so before we look at the Temptation of Christ, read these comforting words on the subject:

‘There hath no temptation taken you but such as is common to man: but God is faithful, who will not suffer you to be tempted above that ye are able; but will with the temptation ALSO MAKE A WAY TO ESCAPE, that ye may be able to bear it’ (10).

And: ‘For in that he himself hath suffered being tempted [see in detail below], he is able to succor them that are tempted’ (11).

‘Blessed is the man that endureth temptation; for when he is tried, he shall receive the crown of life, which the Lord hath promised to them that love him. Let no man say when he is tempted, I am tempted of God: for God cannot be tempted with evil, neither tempteth he any man: But every man [not SOME men (and women): but EVERY person] is tempted when he is drawn away of his own lust, and enticed’ (12).

THE THREE TEMPTATIONS OF CHRIST
Now in the wilderness – metaphor for what some call ‘the dark night of the soul’ but which can also be construed as representing the sterile vacuity of existence without God – after Jesus had fasted for forty days and nights (echoing, as happens throughout Scripture, in perfect symmetry, the 40 years that the Children of Israel wandered aimlessly in the wilderness after they had defied the Lord) – the tempter (Satan) visited him and tried to entice him by means of three deceptions:

• The First Temptation and Deception:

‘And when the tempter came to him, he said, If thou be the Son of God, command that these stones be made bread’ (13).

Which, being interpreted, means that Satan tried to entice Jesus into dabbling with the occult – which is strictly forbidden, as summarised in the brief Annexe below. Here we have, at the very outset of the Temptation, a warning against playing around with the occult – astrology, palmistry, divination, sorcery, séances to call up demons, all false religion such as the New Age substitutes developed by Satan to entrap the unwary who have no knowledge of Scripture, all subversive enticements promising ‘higher knowledge’ by initiation (Freemasonry and its many offshoots and imitations, and all secret societies), and the myriad devices that the devil has refined, and has proliferated in our time, to entrap those who drift with the wind and who have built their houses on sand. Importance should also be attached to the fact that the temptation to dabble in the occult comes FIRST – indicating that it is the route to perdition most favoured by Satan and his demons.

Christ deflected this attack by slapping Satan down with:

‘[But he answered and said], It is written, Man shall not live by bread alone, but by every word that proceedeth out of the mouth of God’ (14).

Herein resides another jewel that had eluded this writer until this very moment (as so often happens when one studies the Word!): For notice that Jesus did not fall into Satan’s trap by, for instance, pooh-poohing the idea of converting stones into bread by magic. No, Jesus didn’t even give Satan the opportunity to follow up with some further occultic allusion.

On the contrary, he simply took the word ‘bread’ (the ‘bread of life’) as his cue and reminded Satan that men and women are both body and soul, in need at all times of spiritual nourishment: ‘every word that proceedeth out of the mouth of God’.

Thus the Lord squashed Satan’s occultic attack by ignoring it and telling him what needed to be said, with no reference to the occult at all: the best form of refutation can be to ignore the stupidity of the attacker. And Jesus was, as the prophet foretold, ‘of quick discernment’ (intellect).

• The second Temptation and Deception:

‘Then the devil taketh him up into the holy city [Jerusalem], and setteth him on a pinnacle of the Temple’ (Herod’s Temple, built for the glory of Herod, not God),

‘And saith unto him, If thou be the Son of God, cast thyself down: for it is written, He shall give his angels charge over thee: and in their hands, they shall bear thee up, lest at any time thou dash thy foot against a stone’ (15).

Here, the devil is enticing the Lord to commit suicide, pure and simple.

Now those who suffer from, or know people or relatives who suffer from, bipolar disorder, may have experienced the terrible agony of a friend or relative who has committed suicide. Without stepping into medical territory for which this writer is not qualified, there is a possibility that such victims may have been under attack from a ‘familiar’ literally whispering in their head that, given a set of circumstances painted by the demon(s) in their mind as being hopeless and irretrievable, they would be ‘better off ending it all’.

Of course, when this happens, the devil ‘gains’, because he has prevented yet another soul from finding the grace of God, and thus becoming a candidate for salvation.

In this connection, it should be borne in mind that Satan does not want us to worship him (as some fools believe). All he wants is for the person NOT to worship the Lord. For those who do not yet see with their eyes and hear with their ears, this is all a mystery. But it’s as clear as the living waters of life to those touched by the grace of God.

In response to this attack, the Lord dismisses it by rebuking Satan for trying to tempt him into committing suicide:

‘Jesus said unto him, It is written again, Thou shalt not tempt the Lord thy God’ (16) – REMINDING SATAN THAT HE IS THE LORD. And we know from James, the brother of Jesus, that Satan and his demons are NOT atheists. They believe in and know ABOUT God, and they tremble at the thought and knowledge of him:

‘Thou believest that there is one God; thou doest well: the devils also believe, and tremble’ (17).

THE DEVILS ARE TERRIFIED OF THE LORD
And herein lies one of the most stupendous truths of all.

The devils also believe, and they tremble at the knowledge and truth of God. Why do they tremble?

Because they know that, contrary to the commandments of God which focus on love that banishes all fear, they are all liars, deceivers, murderers, bearers of false witness, thieves, perpetrators of Fraudulent Finance, designers of abominations [see above], self-important and deluded social sorcerers who think that they can reorganise the whole world to suit themselves and their craven interests, peddlers of depravity, brainwashers, avid haters of the innocence of little children and abusers of them, blasphemers against the Holy Spirit, abusers of themselves and others, and schemers intent upon following other Workers of Darkness, taking pleasure in wickedness:

‘For without [outside, in the Darkness] are dogs, and sorcerers, and whoremongers, and murderers, and idolaters, and whomsoever loveth and maketh a lie’ (18).

THE ONLY NAME TO WHICH EVIL SPIRIT WILL RESPOND IS THAT OF JESUS CHRIST
Furthermore, we are confronted now with yet another quite astonishing truth – the single truth that embedded itself so indelibly on the mind of this writer that he knew, through this truth alone, that Jesus Christ is indeed, of a truth, the Way, the Truth and the Life, and that there is (as the Children of Israel were painfully taught during their long ‘upbringing’ for their own, and our, benefit), ‘none other God but me’. It is this:

The ONLY Name to which Evil One pays attention, and will OBEY, is that of Jesus Christ.

Therefore, in Christian exorcism (which must only be undertaken by Christians fully equipped by prayer and often by fasting, as Jesus also taught was necessary in the case of certain kinds of demon) (19), demons are cast out in the Name of Jesus Christ.

• The third Temptation and Deception:

‘Again, the devil taketh him up into an exceedingly high mountain, and sheweth him ALL the kingdoms of the world, and the glory of them;’

‘And saith unto him, ALL these things will I give thee if thou wilt fall down and worship me’ [capitalisation by the Editor, for emphasis] (20).

ALL GOVERNMENTS ARE IN THE HANDS OF SATAN
Satan did not say: ‘I will give you SOME of these kingdoms, in exchange for you falling down and worshipping me’. He said: ‘ALL these things will I give thee…’. In other words, ALL KINGDOMS AND GOVERNMENTS are in the hands of Satan and are controlled by him. There are NO EXCEPTIONS.

Is this insight as depressing as it sounds? This column has long been chronicling the Works of Darkness perpetrated on a permissive scale by the American and other Governments, including the British Government – in conformity with the crystal clear insight given to us in this Scripture that ALL Governments are in the hands of the Evil One. Why should we not be despondent to the point of suicidal depression in the face of this reality?

Because of what the Lord retorted in the face of this third Temptation:

‘Then saith Jesus unto him, Get thee hence, Satan; for it is written, Thou shalt worship the Lord thy God, and him only shalt thou serve’ (21).

‘GET OUT OF MY LIFE, SERPENT’: AND HE FLEES…
First, if we order Satan out of our lives, he vanishes. ‘Get thee behind me Satan’ WORKS. Telling the devil to clear off WORKS. And if it works in our lives, it can work within Government, too.

The fact that ALL Governments are in the hands of the Evil One does not mean that good cannot be done through governance. On the contrary, since governments are simply structures organised by humanity consisting solely of men and women, each of whom has the opportunity and promise of salvation if they have eyes to see and ears to hear, governments CAN be prevailed upon to depart from consorting with the Workers of Darkness and from following the broad way to perdition:

‘Enter ye at the straight [i.e., the narrow] gate: for wide is the gate, and broad is the way, that leadeth to destruction, and many there be which go in thereat’ (22) .

Sooner or later in life, we have to make a choice. Fortunate indeed are those people who have the opportunity to make the choice early in their lives. But whenever we make the choice – even right at the end of life – we have to make it, as there is no second chance.

The Roman Catholic Church’s invention of ‘purgatory’, a sort of half-way house between salvation and perdition, is a devilish, self-serving, money-making fabrication which enables that reprobate church to charge rent (fees) for ‘dispensing’ the privilege of ‘days off purgatory’ – which does not exist, there being of course no mention of it in Scripture whatsoever.

On the contrary, we have ONE chance of salvation, and it occurs in this life only. Either we take it, or we suffer the consequences.

If this applies to individual human beings, it also applies to governments, which consist exclusively of individual human beings. The fact that ALL kingdoms are in the hands of Satan does not mean that they cannot be wrenched from his claws, just like individuals.

ALL OF A SUDDEN, THERE IS NO TEMPTATION ANY MORE
After the third Temptation:

‘Then the devil leaveth him, and behold, angels came and ministered unto him’ (23).

And this happens to us, individually, too. When we have ordered Satan to ‘get behind me’, resisting his temptations, ‘angels come and minister to us’. Then, one day, we wake up and realise, to our astonishment, that the thing that has tempted us, perhaps for a long time, isn’t there any more.

Try it.

Notes and references:

(1): Matthew, Chapter 3, verse 13.

(2) Matthew, Chapter 3, verse 15.

(3): Matthew, Chapter 3, verses 16-17.

(4) ‘Jesus, when he had cried with a loud voice, yielded up the ghost. And, behold, the veil of the temple was rent in twain from the top to the bottom; and the earth did quake, and the rocks rent; And the graves were opened, and many bodies of the saints which slept arose, And came out of the graves after his resurrection, and appeared unto many. Now when the centurion, and they that were with him, watching Jesus, saw the earthquake, and those things that were done, they feared greatly, saying, Truly this was the Son of God’ [Matthew, Chapter 27, verses 50-54]. And at Mark, Chapter 15, verses 37-39: ‘And Jesus cried with a loud voice, and gave up the ghost. And the veil of the temple was rent in twain from the top to the bottom’.

‘And when the centurion, which stood over against him, saw that he so cried out, and gave up the ghost, he said, Truly, this man was the Son of God’.

Now the veil of the temple was extremely thick – not like a simple curtain or piece of cloth which could be pulled apart by the tensions triggered by an earthquake. The great thickness of the veil is unknown, but it had been added to over a prolonged period such that it could not possibly have been torn from top to bottom in an instant other than by a supernatural force – a fact attested by these passages and by the witnesses reported in the gospel accounts. The significance of the tearing of the veil of the temple FROM TOP TO BOTTOM is that it unmistakably represents the tearing-up by God of the Old Testament or Will, and its replacement by a New Will.

For a Will to take effect, the testator must have died: and that is what happened. The Editor knows a person who was brought to Christ when this was pointed out.

(5): Mark, Chapter 9, verses 2-3, and 7.

(6): ‘The fool hath said in his heart, There is no God’, Psalm 14, verse 1; Psalm 53, verse 1.

(7): ‘Ye are of your father the devil, and the lusts of your father ye will do. He was a murderer from the beginning, and abode not in the truth, because there is no truth in him. When he speaketh a lie, he speaketh of his own; for he is a liar, and the father of it’. [John, Chapter 8, verse 44]. Note the close correlation between murdering and lying: when we lie, we murder the truth. And murders are often committed in order to disguise the truth. The Editor is extremely disturbed about the sudden death of a US journalist who was known to him, who died aged 41 on 19th September 2009. We think he was murdered because he was researching some devilish activity of the US official structures that they wanted to prevent being exposed. The Scribes and Pharisees enticed the crowd to call for Jesus’ crucifixion (giving themselves supposed ‘deniability’ because, as they stupidly assumed, they could claim afterwards that ‘the masses’ had called for his death), so as to murder the truth for which Christ stood and with which he was associated – in order, in turn, to preserve their worldly power structure which Jesus challenged head on: as, for instance, in the foregoing excoriation.

(8): The Revelation of John the Divine; Chapter 21, verses 6-8.

(9): Matthew, Chapter 4, verse 1.

(10): First Epistle of Paul to the Corinthians, Chapter 10, verse 13.

(11): Epistle of Paul to the Hebrews, Chapter 2, verse 18.

(12): James (the brother of Jesus), Chapter 1, verses 12-14.

(13): Matthew Chapter 4, verse 3.

(14) Matthew, Chapter 4, verse 4.

(15): Matthew, Chapter 4, verses 5-6.

(16) Matthew, Chapter 4, verse 7.

(17): James, Chapter 2, verse 19.

(18): Revelation, Chapter 22, verse 15.

(19): The Editor learned this truth from his late friend, Fr. Malachi Martin, who died in July 1999.

(20): Matthew, Chapter 4, verses 8-9.

(21): Matthew, Chapter 4, verse 10.

(22): Matthew, Chapter 7, verse 13.

(23): Matthew, Chapter 4, verse 11.

A NOTE ON BLASPHEMY AGAINST THE HOLY GHOST:
The Lord teaches us explicitly that no forgiveness is possible for blasphemy against the Holy Spirit:

‘Wherefore I say unto you, All manner of sin and blasphemy shall be forgiven unto men: but blasphemy against the Holy Ghost shall not be forgiven unto men… whosoever speaketh against the Holy Ghost, it shall not be forgiven him, neither in this world, neither in the world to come’ [Matthew, Chapter 12, verses 31-32].

Mark, Chapter 3, verses 28-29: ‘Verily I say unto you, All sins shall be forgiven unto the sons of men, and blasphemies wherewith soever they shall blaspheme: But he that shall blaspheme against the Holy Ghost hath never forgiveness, but is in danger of eternal damnation’.

At Luke, Chapter 12, verse 10 also, we read:
‘And whosoever shall speak a word against the Son of man, it shall be forgiven him: but unto him that blasphemeth against the Holy Ghost, it shall not be forgiven’.

Now the temple of the Holy Spirit is the human person, not temples made with hands: ‘For behold, the kingdom of God is within you’ [Matthew, Chapter 17, verse 21]. Therefore, the innocent little child is, by definition, the perfect temple of the Holy Spirit.

So what are the Workers of Darkness therefore often DRIVEN to do? Why, to pervert, corrupt, abuse, brainwash and disturb little children. Why do we read so much about paedophilia nowadays, which was never previously the case? And why are certain notorious, complicit and well-known Western ‘leaders’, past and present, paedophiles?

Because those chosen by the Workers of Darkness to ‘lead’ us are pre-blackmailed or permanently blackmailable and are therefore controlled inter alia because they have indulged in the abuse of children, i.e. blasphemy against the Holy Spirit, for which there is no forgiveness.

In Mark, we have read that such a person is ‘in danger of eternal damnation’, leaving a small chink of possible light in the darkness, implying that comprehensive, genuine repentance might afford them ‘a way out’. But since the other two gospel references slam the door very tightly shut, the overwhelming probability is that abusers of children – and this means ALL THOSE WHO PERVERT THE MINDS OF MINORS as well as those who brutally abuse them physically – are blasphemers against the Holy Spirit, FOR WHOM NO FORGIVENESS IS POSSIBLE.

That, in turn, means that such ‘leaders’ and others like them are trapped. They cannot get out of the darkness. Have you ever wondered why Gordon Brown is so permanently gloomy? Such people are not only entrapped and blackmailed or blackmailable, but are therefore ‘ideal’ instruments for the Workers of Darkness (Satan) to play with. THIS is why so many of these characters are paedophiles. They are lost, ‘so they have nothing to lose’ by going along with the abominations of others.

Jesus used almost violent language to condemn these abusers of children:

‘And whoso shall receive one such little child in my name receiveth me’.

‘But whoso shall offend one of these little ones which believe in me, it were better for him that a millstone were hanged about his neck, and that he were drowned in the depth of the sea’. [Matthew, Chapter 18, verses 5-6].

‘And whosoever shall offend one of these little ones that believe in me, it is better for him that a millstone were hanged about his neck, and he were cast into the sea’ [Mark, Chapter 9, verse 42].

‘It were better for him that a millstone were hanged about his neck, and he cast into the sea, than that he should offend one of these little ones’. [Luke, Chapter 17, verse 2].

And wherever the Word appears three times in the gospels, it is of special importance.

A NOTE ON DEMONS
We learn from Scripture what most of us instinctively know, whether we choose to bury this deep knowledge or not, that there are evil spirits, unclean spirits, seducing spirits, ‘fallen angels’, ‘the devil’s angels’, and that they are organised into hierarchies as ‘principalities’, ‘powers’, ‘rulers of darkness’, ‘spiritual hosts of wickedness’, and ‘familiar spirits’ against which human beings must struggle – although they can be dismissed, as indicated in the main text, by ordering Satan to ‘get out’: ‘Get thee behind me Satan’ is an excellent and permitted imprecation.

A close relative of the Editor, visited by an extremely cacophonous Evil Spirit (host of evil spirits), in desperation, prayed: ‘Our Father’ and needed to to go no further before the troubling infestation fled – and never returned.

Helpful New Testament references to evil spirits will be found at Matthew, Chapter 12, verses 43 and 45; Matthew, Chapter 25, verse 41; Second Epistle of Peter, Chapter 2, verse 4; and the Epistle of Paul to the Ephesians, Chapter 6, verse 12. Halley writes in his ‘Bible Handbook’ [Halley’s Bible Handbook, ISBN 0-310-25720-4, Library of Congress Catalog Card Number: 32-8057, Halley’s Bible Handbook, Inc., pages 468-469]:

‘The rather plain implication of Scripture is that “demoniacs” were not merely lunatics, but cases of “invaded personality”; and that demons, whatever their origin or nature, were evil spirits that did actually enter and afflict, in one way or another, certain persons’.

‘It is thought to have been a special exhibition of the devil against Jesus, permitted by God, during Jesus’ stay on earth, to demonstrate that Jesus’ power extended even into the unseen realm. Faith in Him is protection from whatever evil they might be able to do’….

‘Paul says [that] the Christian’s struggle is against evil personalities of the unseen world [Ephesians, Chapter 6, verse 12]. But Jesus is our strength in the struggle. Satan and his evil spirits are helpless against the Name and Power of Jesus’ Christ’.

This is so not least because they have to work within the parameters of their existence delineated by God. That explains why they never innovate. You may wonder how it is possible that a devilish CIA buffoon like Cheney, whom the Editor thinks is ‘perfectly possessed’, continues to perpetrate and preside over attempted abominations. First, because he is possessed. And secondly, because he knows no new tricks. Satan can never innovate. This makes it relatively easy for us, after some experience, to recognise what these criminals have in mind.

We can read their minds: because they keep doing the same stuff over and over again. It is no coincidence that the satanic disruption that is disturbing the peace of humanity is called the World Revolution. ‘Revolution’ means going round and round in sterile circles.

And going nowhere.

ANNEXE
PROHIBITION AGAINST SORCERY, DIVINATION AND THE OCCULT
Dabbling in the occult is absolutely forbidden, as it opens the person up to infestation by demons or ‘familiars’. All ‘pathways’ to the occult are to be avoided, including such devices as yoga, which procure the creation of a ‘tabula rasa’ mind – into which evil spirits can the more easily and swiftly be enticed. Of course this will be denied by some, but their denials will fly in the face of the truth.

Warnings against dabbling in the occult are numerous in Scripture, which deals with the works and words of real men and women, not disembodied ‘presences’.

Three worth noting here are as follows:

• Deuteronomy, Chapter 18, verses 9-13:
‘When thou art come into the land which the Lord thy God giveth thee’ – viz., out of the Darkness of ‘Egypt’, where the ancients worshipped death (their religion was a death cult) into the ‘Land flowing with milk and honey’ (metaphor for the Light of God, given that the whole of humanity had hitherto languished in darkness, as is repeatedly stated early in Genesis) – ‘thou shalt not learn to do after the abominations of those nations’.

‘There shall not be found among you any one that maketh his son or daughter to pass through the fire [i.e., post-natal ‘contraception’ disguised as offerings to false gods], or that useth divination [fortune telling, astrology, trying to gauge the future by esoteric means], or an observer of times [ditto], or an enchanter, or a witch,’

‘Or a charmer, or a consulter with familiar spirits [someone infested by familiar spirits who speaks with them, and follows instructions], or a wizard [magician], or a necromancer [death worshipper]’.

‘For all that do these things are an abomination unto the Lord: and because of these abominations the Lord thy God doth drive them out from before thee’ [i.e., they always go into perdition].

‘Thou shalt be perfect with the Lord thy God’.

• Jeremiah, Chapter 27, verse 9:
‘Therefore harken not ye to… your diviners, nor to your dreamers,
nor to your enchanters, nor to your sorcerers…’.

• Malachi, Chapter 3, verse 5:
‘I will be a swift witness against the sorcerers’.

WANTA ‘SNAKE HILL’ EXPOSURE: FRAUD AND TERRORISM

BUSH MURDER OF ‘RUSTY’ HERMANN IN A VA HOSPITAL ELABORATED

Tuesday 17 November 2009 00:01

• NEW INTELLIGENCE REPORTS PUBLISHED FROM LONDON ON 20TH NOVEMBER:
See the summary data, by pressing the second white panel on this website’s Home Page.
You might find some of the issues addressed to be of specific relevance and interest.

• RESPONSE TO THE LATEST HENEGHAN FABRICATIONS, THREATS AND LIBELS
[22nd November]:
The Editor is located at this time approximately 12 miles from the City of Oxford, England. Therefore deporting him from his New York apartment is manifestly a non-starter. These further Heneghan libels, threats and fabrications, evidently indicative of his panic-ridden state, are duly noted.

• THREAT TO BURN DOWN THE EDITOR’S BUILDING:
At 11:47pm UK time on Saturday 21st November 2009, the Editor’s voicemail received the following threat: ‘Mr Story, you’d better watch that your building doesn’t catch fire’. This is the 32nd threat (isn’t that interesting) received by the Editor of this service since these investigations began.

The phone call was disseminated by a cadre calling itself the ‘Great Dark Lords’, which is a Psy-Ops operation that has been applied relentlessly against the Editor of this service since February 2008, when the trouble with Leo/LeeWanta and his double-cross operation came to a head. These calls are traceable to a Washington, DC number: 202-580 8200. This (skype) number is permanently busy or else unobtainable. This US cadre has a long history of terrorism operations, usually perpetrated against Americans. However, as indicated, they started targeting this Editor in February 2008.

Data showing evidence of their terrorism operations, mainly against innocent Americans, can be inspected via Google: WhoCallsMe, and typing in 202-580 8200. It is beyond a scandal that the US authorities have allowed this to continue, providing evidence that the Intelligence Power’s cadres are completely out of control, symptomatic of the criminalism disease which has swamped America.

Local authorities, Verizon New York, Inc. and British Telecommunications intel, are informed.

It may be recalled that on 18th September 2008, shortly after the $14.0+ trillion of sovereign funds were placed into ‘lockdown’, the Editor received the sounds of three actual gunshots on the same voicemail. This was reported to the Thames Valley Police at the time, and as a result, the Editor received special protection both in the UK and during his visit to the IMF/World Bank that October.

In early October 2009, a 365-degree rotating camera was erected on a tall street lighting pole immediately opposite our building in Central London. The camera had been erected temporarily twice previously; and in the summer when this first started, we made extensive enquiries with Westminster City Council to establish the rationale for this apparent intrusion.

At length, the Editor received a courteous phone call from a senior Council official, who provided an explanation to the Editor’s satisfaction. It would appear that the presence of this camera, which is now permanent, in the street outside our building, serves a very useful purpose, contrary to the usual knee-jerk objections by those who purport to be concerned about civil liberties.

• We interpret this development (together with other events, to be reported) as indicative of the fact that the criminalist cadres are on the verge of a comprehensive defeat, that they are being and will be ‘taken down’, and that they are lashing out in all directions as they contemplate their fate. And they appear to realise that we may have something to do with that reality. They could be right.

• A scare report about the US dollar sinking to 6 cents, posted on Saturday, fails to take account of the remedy that will be applied to prevent this outcome, which it appears it may be in the interest of the perpetrators of this rumour to obfuscate. This should become clear soon.

• HENEGHAN’S LATEST HALLUCINATIONS AND LIBELLOUS BRAINSHRIEKS
Which have been replicated, we understand, on another criminal Counterintelligence website…

• We’ll elaborate on how recent events ‘hang together’ after completion of current reasearch.

• SLITHERINGS OF THE SERPENTS HAVE PERSISTED SINCE WE LAST REPORTED…
AS OPS CONTINUE TO CRUSH THE SERPENT’S HEAD, IF IT WASN’T CRUSHED AT FORT HOOD

• WHAT HAPPENED WHEN OBAMA VISITED WANTA IN WISCONSIN

• CIA NUGAN HAND DRUG OPERATIONS AND CONCRETE SHOES

• CONFIRMATION OF ACCURACY OF OUR ‘BLACK OPS’ FORT HOOD REPORT

• CONFIRMATION THAT FORT HOOD OPERATION WAS A SUCCESS FOR THE CHINESE SECRET POLICE, THAT THEY RECOVERED THEIR CURRENCY BOXES (AND READ OUR REPORTS)

• A MESSAGE FROM MR DALE T. HEDBERG ABOUT THE MURDER OF HERMANN

• CONFIRMATION THAT GEORGE BUSH SR. WAS INDEED AT FORT HOOD: HAS HE BEEN HORIZONTALISED? HAS THE SERPENT’S HEAD BEEN CRUSHED OR NOT?

• FORT HOOD AND THE MALIK CONNECTIONS LINKED TO BUSH ‘BLACK OPS’.

• OTHER VIOLENCE ALSO REPORTED TO US: FROM PARIS

• A THREAT VIA A WANTA ASSOCIATE AGAINST THE EDITOR OF THIS SERVICE

• SIGNIFICANCE OF THE ‘GOLD BARS STUFFED WITH TUNGSTEN’ ‘LINE’

• INSIDE INFORMATION FROM AN ATTORNEY WORKING AT FORT HOOD

• THE PRINCIPALITY OF SNAKE HILL FRAUD AND INTIMIDATION REVISITED

• THE WANTA ‘SNAKE HILL’ EXPOSURE REPORT DATED 22ND OCTOBER

• FORTHCOMING: Recent developments have finally revealed a clearer picture of what is being hidden from the general public. The Editor will develop this assessment in the light of a review of these developments, given that some of the fog surrounding certain events is clearing at last.

HENEGHAN’S LATEST HALLUCINATIONS AND LIBELLOUS BRAINSHRIEKS
According to a notorious serial US disinformation meister and fabrication specialist, a Mr Thomas Heneghan, the Editor of this service has received a bribe ‘engineered by’ ‘Obama White House Counsel’ Greg Craig, who has recently resigned his elevated position (so that certain operatives have lost their ‘protection’). Someone forgot to tell the Editor about this ‘bribe’.

Mr Heneghan referred, in a Blog dated 18th November, to Craig having ‘engineered a $350,000 payment aka BRIBE… to noted Internet gossip columnist and disinformation artist, British MI-6 agent Christopher Story… One must conclude that Christopher Story’s blackmail worked given his receipt of a $350,000 check’.

So, according to this professional US purveyor of lies and scurrilous claptrap, who specialises in maximising the potential for leveraging confusion and the fog of disinformation designed to cover up the criminality that we’ve been exposing, this private Editor who has been entirely independent since founding his own company in 1963 and publishing since 1970, with regular subscribers in 140 countries, (a) takes bribes; (b) engages in blackmail; and (c) is an MI-6 officer.

All of which comes as news to the Editor of this service and to everyone else with whom he has dealings and is acquainted. FIVE libels, not just one! Can Heneghan PROVE any of these crude fabrications? Of course not. Other fabrications in the same Heneghan text are also wholly spurious.

Before the double-cross, Wanta (who seems nowadays to be scraping the bottom of the barrel and discrediting himself even further by appearing to use this compromised operative Heneghan as a mouthpiece), informed the Editor of this service that he intended to pay Mr Heneghan $1.0 million, presumably for ‘services rendered’: [see below [type in ‘Heneghan’]. If such a payment takes place, that will be good news in the sense that our libel lawyers will be happy to relieve Heneghan of any such payment, together with costs and maximum damages for egregious multiple libels.

Mind you, Wanta gave undertakings to pay out many exotic sums of money, signing formal business undertakings without having any funds with which to pay them (Fraud in the Inducement), and of course stealing the Editor’s two-year loan funds of $35,000 plus interest which should have been repaid on 11th June 2007, as previously reported ad nauseam. Two peas in the same rotten pod.

Heneghan needs to post the following statement at the top of his next report without any comment, snide allusion or elaboration, either preceding or below it, in full within the next seven days from this date [19th November 2009]:

‘The following statements about Christopher Story posted on my Blog under the heading ‘Obama Commits Financial TREASON in China’ on November 18, 2009, are gross lies and fabrications, are all completely without foundation and are unreservedly retracted: ‘Before he resigned his position as Obama White House Counsel, Craig also engineered a $350,000 payment aka BRIBE made to noted Internet gossip columnist and disinformation artist, British MI6 agent Christopher Story… One must conclude that clearly Christopher Story’s blackmail worked given his receipt of a $350,000 check’’.

‘I. Thomas Heneghan, invented all of this, I have no knowledge of Mr Story taking economic receipt of $350,000, I cannot prove any of these scurrilous assertions, and I apologise unreservedly to Mr Story, and to his family, friends, acquaintances and subscribers for these malicious fabrications; and I undertake never to mention Christopher Story, or to allude to him, his publications, work, postings, and associates either directly or indirectly at any time in the future in any of my postings or other forms of communication; and neither will I procure such mentions by others’.

Obviously, any repetition of these Heneghan lies and fabrications by any party anywhere in the world will likewise attract a comparable response.

Heneghan’s desperate farrago of fabrications and lies on 18th November 2009 also contained the following assertion: ‘Obama has outsourced the construction rights to a United States national high speed rail project to the People’s Republic of China and to the now bankrupt General Electric Corporation (GE)’.

This is a distortion inter alia of the following information, published by the Erie Times News on Tuesday, 17th November 2009:

GE Transportation, based at Lawrence Park Township, has won a contract to supply 300 locomotive kits to China. This order follows 300 locomotive kits ordered by China in 2005, and 310 locomotives, most in kit format, ordered by Kazakhstan National Railways. The latest deal took a full two years to negotiate, and will come as a relief to this famous American locomotive plant.

Jim Pifer, President of Local 506 of the United Electrical, Radio and Machine Workers of America, which represents workers at the plant, said: ‘We are not going to be doing the whole locomotive. We are doing the kits… It’s going to help stabilize us’. Stephan Koller, the company spokesman, explained that ‘the locomotives will be assembled in China… But the pieces we contribute remain high-value pieces. The control systems, brains of the locomotive… is where a lot of the value is’.

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’.

• 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. Or press the live Donate link at the top right-hand corner of this page. See also the ADVERTISEMENT below.

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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.

SLITHERINGS OF THE SERPENTS HAVE PERSISTED SINCE WE LAST REPORTED…
AS OPS CONTINUE TO CRUSH THE SERPENT’S HEAD, IF IT WASN’T CRUSHED AT FORT HOOD
The preceding report closed with a reference to the fact that serpents have a habit of continuing to slither until their heads have been crushed.

Because of continued slitherings, this report (a) updates certain recent dimensions of the crisis, by way of (b) prefacing a reprise of our ‘Principality of Snake Hill’ revelations, which confirmed that Lee/Leo Wanta ordered his Attorney, Mr Thomas E. Henry (Colorado Attorney # 4504 and Nebraska Attorney # 11819) to threaten this Editor on behalf of Lee/Leo Wanta, the Principality of Snake Hill and/or any of their respective associates, affiliates or fiduciary relationships’ notwithstanding that Ms. Brenda Farrell, of the Australian Embassy in Dublin, confirmed on 23rd September 2009 to one of the Editor’s private associates the self-evident fact that there is no Principality in Australia:

“Austremb Dublin” <Austremb.Dublin@dfat.gov.au> wrote:

Dear Mr Sharpe,

Thank you for your email.

There is no principality in Australia.

Kind regards

Australian Embassy
Dublin
Tel: +353 (0) 1 664 5300
Fax: +353 (0) 1 678 5185

In other words, Wanta and his Attorney attempted fraudulently to intimidate this British Editor on the pretext of representing/acting for a political entity located in Australia that does not exist in Australia, which represents gross fraud.

WHAT HAPPENED WHEN OBAMA VISITED WANTA IN WISCONSIN
Since we have to try to monitor the serpentine slitherings in question, we must report that we were advised on 16th November 2009 that, contrary to earlier intelligence, it is now intended that Wanta, despite his criminality, is to be paid (after Tier 3) – which in turn might imply, on the basis of past information and assessments, that the serpents in question STILL have in mind the STEALING of funds to which they are not entitled.

According to sources, when Barack Hussein Obama visited Wanta in Wisconsin at the beginning of this month, Wanta handed him documents proving that he ‘worked for’ George Bush Sr. for years. It is also reported to us that Wanta implicated Mrs Hillary Jezebel Clinton and others when providing information to the US President du jour.

Of course, given this new information, Wanta will manifestly be in a position to repay, with the necessary further arms’-length interest, the loan made available on a bona fide basis pro bono publico internationalis from private funds in 2005 by the Editor of this service, which procured the truncating of his probation by five years and two weeks, plus the other multiple expenses which the Editor incurred due to Wanta’s hijacking of the Editor’s professional publishing, writing and publicity services and platform, and his issuance of instructions by facsimile for the Editor to follow, in pursuit of his own agenda, until he double-crossed us in accordance with the standard cynical Bush/CIA/DVD ‘bait and switch’ procedure.

But more to the point, if, contrary to previous assertions or deliberate disinformation, Wanta is to be paid, all the documented undertakings, of which we hold signed copies, that Mr Wanta gave and signed, based on FRAUD IN THE INDUCEMENT, beyond the Editor’s modest private $35,000 loan, will also be within his means to pay, irrespective of the consequences that lie in store for those in breach of the laws on fraud, as reiterated in our usual legal section below.

We are also informed that documentary evidence exists which would implicate everyone and would have devastating consequences for the entire nest of vipers and its trail of mayhem and murder, including the murders committed, of course, on 9/11. It is, we understand, not out of the question that if this impasse is allowed to continue much longer, a decision may be made to undertake the comprehensive exposure of this institutionalised criminality that we ourselves believe may be necessary. Interestingly, the British authorities have realised that this is a criminal finance crisis and have now suddenly taken drastic steps to strengthen the enforcement powers of authorities.

It will be recalled that our first exposure report on this subject, posted from New York, appeared on this website on 20th September 2009 [see Archive].

AN EMAIL FROM AUSTRALIA DATED 16TH NOVEMBER 2009
The Editor received an email message from Australia [identity withheld here] on 16th November 2009, at 13:45 UK time, containing inter alia the following observations:

‘Greetings from Australia…

I was trained as a combat pilot by the Australian Air Force, operated in Malaysia (Konfrontasi), Vietnam, and the Philippines. After some Black Operations, I decided that I was too young to die.

I moved to flight simulators and IT for many years, and more recently academia in microelectronics and Information Technology.

Your writings about the financial terrorist [posted on] 20 September 20090, caught my attention. My search for answers to the GFC and extinction level events (ELE) led me to Project Camelot, Dr Paul La Violette, and Frank B. Ingram….

[In this connection] Further to your comment about Australia being the playground of intelligence operatives, I am reminded about the Nugan Hand Bank….

In 1973 Frank Nugan, an Australian lawyer, and Michael Hand, a former [US] Green Beret and CIA contract operative, established the Nugan Hand Bank. Bernie Houghton, a Texan with intelligence connections, worked with Hand to establish branches in Asia and the USA. They controlled drug shipments from the Golden Triangle….

Another CIA operative, John Fredericks, arranged contracts for the supply of Emergency Services vehicles and equipment, with Nugan Hand funding. Frank Nugan and John Fredericks committed suicide when cornered by the Australian Federal Police. Michael Hand vanished.

There are people here in the construction industry who would be pleased to provide Mr Frank B. Ingram with some cement boots and watch him learn to swim with them….

Keep up the good work Cheers’ [Name etc supplied].

• Note: Wanta specifically confirmed to the Editor of this service that he operated also under the name Frank B. Ingram. In any case this fact has been in the published public domain for some years.

FURTHER EMAILS DATED 16TH NOVEMBER 2009:
BUSH’S MURDER OF HERMANN AND THE RESCUE BY
CHINESE SECRET POLICE OF THEIR CURRENCY BOXES
In a separate email received on 16th November 2009, at 13:34 UK time, referencing Russell (Rusty) Hermann – connected with the information in the foregoing segment – the correspondent states [VERBATIM] that quote ‘Rusty was tortured to death in a VA Hospital… under the orders of [Bush] 41, since he was trying to force Rusty to sign over the Certificate [referenced in the email – Ed.] to 41… Rusty died in honor and silence as per our code rather than release the Certificate or other funds he [had] diverted into a Trust account for [the benefit of] the American people for damages 41’s Drug operations were responsible for’ [sic]. ADDENDUM: SEE DALE T. HEDBERG BELOW.

The correspondent, who noted that Oliver North and Greenspan attended at the Veteran’s Administration hospital where Russell Hermann was being tortured [a fact confirmed to us by a separate source], added:

‘Also [received] an ‘anonymous call’ from [a] Chinese secret policeman who is in this country to protect their assets [and he] relayed to me their action at Fort Hood was a success.’

‘He knows I read your column, as does he… so I suspect it was another confirmation that you hit another bull’s eye’.

This is highly significant: the phrase ‘a success’ supports separate intelligence received that THE CHINESE INDEED RECOVERED THEIR CURRENCY BOXES FROM FORT HOOD.

A MESSAGE FROM MR DALE T. HEDBERG ABOUT THE MURDER OF HERMANN
At 3:33 a.m. on 17th November 2009, we received the following email from Mr Dale T. Hedberg in Breese, Illinois, for adding to the information about the murder of Hermann. This text is reproduced here verbatim with no editing and no further comment:

‘I live in Illinois about 20 mles from where VK Durham, Russell Hermann’s wife lived in Okaville, Illinois, at the time of the incident. I knew her and had been to her home several times after the incident where she related what happened and gave me copies of the pictures where he was beaten plus copies of the certificate, the computer generated computation of the interest, and a copy of the registration of the same in Illinois. This is what she related to me’.

‘Russell was mowing the lawn and an old car I believe a Hudson went by with smoke coming out of the tailpipe gassing Russell. He made it to the front stoop and collapsed’.

‘He was taken to Washington County Hospital in Nashville, Illinois. He was then transferred without her knowledge to the VA hospital in St. Louis, MO. The transfer was done in a refrigerated meat truck where they hung him up by meat hooks by the clavicals where they could beat him. The transfer took 3 hours for a 50 mile ride. They did many other things to him like beat him on the bottoms of the feet and electricity to the testicles among them. Bush 41 and James Baker III appeared in his room at the VA hospital to try and get him to sign over the certificate which he refused to do. They refused to let her get a private autopsy and also denied his service which prevented her from receiving social security based on his service’.

‘They were trying to make it a financial hardship on her so she would sign over the certificate because she needed money. I helped her with money and bought her some equipment to help her with her plight and fight. She eventually moved to Iowa. She is well versed in Common Law and was hired by JFK to sit in on court proceedings and report occurrences and whether the Rule of Law was being followed. Earlier in life they tried to kill her by a car crash in California that left her in a coma for 7 years.Thought I would add that to your report from her lips’.

GEORGE BUSH SR. WAS AT FORT HOOD. WAS HE HORIZONTALISED?
WAS THE SERPENT’S HEAD CRUSHED?
On the same subject, a separate email was received by the Editor from the United States on 16th November 2009, at 9:04am UK time [name of correspondent withheld here], which contained the following statement, relevant to all of the above:

‘When the events at Fort Hood were unfolding and the first reports were being given to the news media, it was reported on either FOX News or CNN that George Bush Sr. was on the base’.

‘I heard it’.

We understand from other sources that George Herbert Walker Bush Sr. was supposed to have been ‘horizontalised’ at Fort Hood: i.e., the head of the serpent was to have been crushed. If that happened, it does not necessarily follow that it could not have been covered up: the fact that there would have been witnesses does not mean much, as the information (with the exception of what is revealed below) from those present at Fort Hood serves diversionary purposes. More probably, Adolf Schickelbusch might have been removed and ‘dealt with’ off-site.

However the appearance of George W. Shrubelbusch at Fort Hood, where he was supposedly pictured shaking hands with massed ranks (could have been an old picture) was clearly designed to suggest that no crushing of the serpent’s head had yet taken place.

This, however, appears to be contradicted by the information from the Chinese secret police that their operation was ‘a success’. By ‘success’, would have been meant not only that the Chinese recovered their currency boxes, but also that the source of the instability, criminality and menace to world peace had been neutralised.

Normally after such ‘unfolding of events’ [Lenin], what happens is that the individual concerned suddenly appears on television, to prove such assertions or implications ‘wrong’. But old film, or manipulated images, can be used for this purpose, of course. The issue remains unresolved.

FORT HOOD AND THE MALIK CONNECTIONS LINKED TO BUSH ‘BLACK OPS’.
Nevertheless, we now have confirmation of the construction that we placed on the Fort Hood events [see Archive] which, when presented to ‘authorities’ for confirmation, produced a stony silence representing astonishment that such an accurate analysis could have been developed so quickly – and then yielding the tip-off from said authorities about the ‘Malik’ connections leading to the doorstep of George Bush Sr. and his ‘Black Operations’, which we summarised in the report dated 7th November in order to provide the main ‘connections’ only.

The Middle name of Nidal Hassan is Malik. As has been widely circulated, Nidal Malik Hasan, representing the Uniformed Services University School of Medicine, is listed on page 29 of a published George Washington University Homeland Security Policy Institute [HSPI] document entitled ‘Thinking Anew – Security Priorities for the Next Administration’ [The Proceedings Report of the HSPI Presidential Transition Task Force, April 2008 – January 2009] (1). The ‘Malik’ references contained in the report dated 7th November 2009 are re-published here:

‘In analyses for International Currency Review following the invasion of Iraq in 2003, we drew attention (as did others at the time) to the absurd situation whereby banknotes circulating in Iraq for a very long time afterwards were termed ‘Saddams’ as the 10,000 Iraqi Dinar banknote with the dictator’s face on it continued in circulation: whereas if the invasion had been planned properly, new currency should have been shipped in, ready for distribution to replace the ‘Saddamite’ notes.

Of course when we made this complaint, pointing out how stupidly the Iraq occupation had been botched by the Americans from the get-go in this respect, we didn’t know that 55 pallets of dollar currency banknotes printed for that purpose had in fact been diverted into Jordan, where the pallets were stored with the Central Bank of Jordan under the name of Malik.

• FACT: Malik is the middle name of the gunman, Major Nidal Malik Hasan, whom the ‘mainstream’ media have been reporting had been ‘trying’ to contact figures ‘associated with al-Qaeda’.

Since the US dollar banknotes originally intended for Iraqi dollarisation never arrrived in Iraq (they were ‘conveniently’ parked in Jordan, the implication being that they would be transferred to the commandeered Central Bank of Iraq (where over 100 US special forces had been massacred in order to cover up the Bush operation to seize the assets from the Central Bank)), the ‘Saddams’ remained in circulation, giving rise to our critical observations. A replacement delivery of Iraqi banknotes arrived in Iraq later. The parked 55 pallets of banknotes in Jordan were thus ‘available’ to be diverted/stolen, as was clearly the criminal intention all along.

The Malik trail identifies the following linkages: Malik Investments Inc., Carrollton, Texas; Malik Investments Llc., Charlotte, NC; Malik Investments Inc., Stone Mountain, GA; Ilyas Malik, Chief Manager, Habib Bank, Zurich (previously Branch Manager at the Baker Street branch, London); Malik Management Zentrum, St. Gallen Seminare AG; Malik Enterprise, based at Anaheim, CA; Malik Enterprises Llc., Key Biscayne, FL; Malik Holdings Inc., Oxon Hill, MD; Malik Trading Corporation, Madison GA; Malik’s Corporation, Washington DC.

Malik Investments Inc., established on 2nd September 2007, which filed its last annual registration in 2009 with the Office of the Georgia Secretary of State, Karen C. Handel, reports its Registered Agent as Vipul R. Patel, of Stone Mountain, GA, believed to be of PAKISTANI origin. The entity’s, CEO is Vipul R. Patel, and its Chief Financial Officer and Secretary is Raman J. Patel [DITTO].

We are authoritatively advised that this trail links to the funding of al-Qaeda, which you will recall was being perpetrated via the enclosed security compound within Morgan Stanley, that we were authorised to publicise in the fall of 2008. Note also that Jimmy Carter’s home State is Georgia, which we are also informed is NO COINCIDENCE. Finally, for the time being, we understand that Vladimir Vladimirovich Putin, the top GRU officer who is currently masquerading as Russian Prime Minister, offered a contract on oil through Malik. In doing this he foolishly compromised himself, laying himself wide open to blackmail by the ruthless Bush-Clinton Box Gang ‘Black Ops.’ cadres’.

We also stated [in the report dated 12th November] that the manner in which the Malik tip-off was conveyed to us makes it crystal clear that the CIA is fed up to the back teeth with the serial havoc that the Bush-DVD penetration has inflicted upon the entire US Intelligence Power. We noted that
‘specifically, the CIA’s affairs generally are in absolute disarray due to its slavish adherence to the agenda of the criminal rats that have controlled it for years, and it has had enough of this garbage’.

‘We can state the above as FACT because the information referencing Malik and Habib Bank [see the 7th November Update of 10th November], which implicates the Bush Sr. viperocracy and the financing of al-Qaeda, was made available to us in such a manner as to indicate to us very loud and clear that the Agency is indeed at its wits’ end: it has had enough of the Bushrats and Clintvipers’.

OTHER VIOLENCE ALSO REPORTED TO US: FROM PARIS
There has been no further elaboration of a report sourced from Paris some days ago that ongoing interference in the Settlements in France last week was met with ‘a violent response’. On being asked what that phrase meant, the source then told the Editor frankly: ‘Heads blown in at point blank range’. Sorry, but that’s what was said to us over the open transatlantic line.

• Update Note: This incident has been separately confirmed [19th November].

A THREAT FROM WANTA AGAINST THE EDITOR OF THIS SERVICE
Before we revert to the Principality of Snake Hill fraud and intimidation, and its implications for the (non)-integrity of Wanta and Henry, we have three more matters to dispose of: (1) ANOTHER threat against the Editor; (2) The gold bars ‘tungsten’ report; and (3) Information from a US legal source directly working in and with the US military at Fort Hood, Texas:

(1): THREAT AGAINST THE EDITOR OF THIS SERVICE
A person called Kay Higgins, associated with Wanta, sent the Editor an email dated 7th November 2009 at 15:10 UK time, containing egregious and ignorant old falsehoods such as that ‘you proudly boast of being a member of MI-6’ which is the precise reverse, of course, of the truth – as has been made crystal clear to everyone except those with cloth-ears: on the contrary, the Editor has been publishing independently on his own account since 1970 and has never had any involvement with MI-6: indeed, they attempted, according to the veteran British journalist, Gordon Thomas in 2004 and 2005, to thwart our investigations at one stage, as we reported on several occasions.

The email contained the following threat [the n’th received by the Editor of this service]:

‘I have it on great authority that you will be taken care of and you can decide what that may mean at your own discretion’.

Under the US Misprision of Felony Statute, and for the information of US Law Enforcement, it is a criminal offence to issue threats. This woman’s coordinates were given to us in the email as: Kay Higgins, skhiggins1@netzero.net; Ameritrust; RR2, Elk City, OK 73644, United States: 580-309 2272. Since the utterer of the threat is known to be an associate of Wanta’s and stated that ‘I have it on great authority that…’, Higgins allowed herself, foolishly, to be used to utter the threat in question.

(2): THE GOLD BARS ‘TUNGSTEN’ ‘LINE’
Several days ago, the Editor received an avalanche of emails from correspondents drawing his attention to the tale about gold bars in Hong Kong, variously said to belong to China or The Queen, and to have been handled inter alia by the Bank of England, which were said to have been ‘found’ to contain Tungsten, i.e. not to be solid gold at all.

This ‘report’ was conspicuously labelled a ‘Rumour’ FROM THE OUTSET, as indeed could hardly be avoided since, just as it is a criminal offence to utter threats, in both the United States and Britain, so is it a criminal offence deliberately to disseminate lies knowing them to be lies intended to deceive (2). In any case, the ‘report’ was clearly malicious and, given its timing coincident with recent and current critical events, was intended as a spoiling or destabilising lever – since the spreading of doubts concerning the integrity of gold bars clearly serves certain interests.

More specifically, such a ‘rumour’ could not possibly be verified because verification would presuppose the necessity of a formal trial under controlled conditions attended by authorised observers on behalf of the owners, the custodians and the international community employing a procedure which we are advised involves the application of high density Cobalt 60 Gamma rays. Another method of testing for gold bar adulteration is drilling a hole in the bar.

Therefore, we have no hesitation in reiterating that this operation represented a malicious but DELIBERATELY TIMED incursion: and it may not require many ‘smarts’ to work out on whose behalf this RUMOUR was disseminated.

SO, what is significant in the prevailing context is not the extremely flaky detail [note the number of qualifications in the text below, designated by our insert: sic], but rather the TIMING of this rumour. When such ‘startling’ stories surface out of nowhere, the FIRST question that needs to be asked is always: why are we being told this NOW. Why weren’t we told earlier – especially as, in this case, the data IS VERY OLD: 15 years old, in fact.

• As a veteran student of counterintelligence and a publicist, the Editor is interested, first and foremost, in questions such as these.

In the most ‘authoritative’ survey of this ‘rumour’, care was taken to ensure that this OLD STORY was given a CURRENT timeframe:

Tungsten-filled gold bars were found by the Chinese in recent days [sic] in Hong Kong. Apparently [sic!] tungsten weighs the same as gold (3).

‘The amount of “salted tungsten” gold bars in question was allegedly [sic!] between 5,600 and 5,700 – 400 oz – good delivery [sic] bars [roughly 60 metric tonnes]. This was apparently [sic] all highly orchestrated by an extremely well financed criminal operation’.

‘Within mere hours of this scam being identified, Chinese officials had many of the perpetrators in custody. And here’s what the Chinese allegedly [sic] uncovered: Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Alan Greenspan, and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly [sic] manufactured by a very high-end, sophisticated refiner in the USA [more than 16 thousand metric tonnes]. Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day. I know folks (4) who have copies of the original shipping docs with dates and the exact weights of ‘tungsten’ bars shipped to Fort Knox’.

(3): AN ATTORNEY SERVING FORT HOOD WRITES:
On 14th November 2009, we received a letter from a long-standing subscriber and correspondent, dated 6th November 2009, who has a family member stationed at Fort Hood. The writer is a Texas Attorney known to be of the utmost integrity (something of an exception in that part of the world). The letter contained inter alia, the following:

‘In regard to yesterday’s incident, I find it most curious that the Killeen Police Department’s SWAT team was supposedly called in to provide Law Enforcement support to Fort Hood’.

‘This is so since the 89th MP Brigade (Bde) including at least one Battallion HQ and at least two MP Companies are assigned to Fort Hood, Texas. I believe the commander of the 89th MP Bde also serves as the post Provost Marshal for the III Corps Commander [LTG Cone]. Not only does each MP soldier have access to military sidearms but also to assault rifle weapons [M16]. As well, the 89th MP Bde is also augmented by Department of Defense [DOD] Police Officers who work hand in hand with the MPs’.

‘I know this as I am an Attorney who is listed on the criminal defense panel of Attorneys for the US Magistrate’s Court located at Fort Hood’.

‘Each year I receive numerous criminal defense appointments to defend soldiers, their [family]dependents, and/or other civilians who are charged with crimes at Fort Hood. Many times it is necessary to do discovery for these clients at Fort Hood MP Station [for DWI, theft, or other alleged crimes] where I routinely see numerous DOD Police Officers working in the station’.

‘In addition to all of the foregoing, there are contract security personnel at the gates, and with at least 20% of the US Army’s aviation assets located at Fort Hood, Apache gunships are readily available and, if necessary, they can be fully armed with rockets and machine gun live ammunition should an incident warrant the need for such firepower’.

‘With all the above Law Enforcement and combat assets available, why would the III Corps Commanding General call for the assistance of a municipal police SWAT team?’

‘It doesn’t make any sense’.

‘Also, why would the III Corps Commanding General first state [that] the alleged perpetrator was dead and then state later that he was alive and in a stable condition at a medical facility. How could the military chain of command mistakenly state that he was dead? It seems to me that the Fort Hood chain of command had to know immediately whether or not the alleged perpetrator was dead or alive. It is incomprehensible to me that the chain of command would not know this fact one way of the other from the get-go’.

In a subsequent and supplemental email received by the Editor dated 16th November 2009 at 00:07 UK time, this correspondent added:

‘I should have stated in my correspondence to you that no ammo is contained in the same arms room [i.e. the same room as the weaponry] but must be drawn from a West Fort Hood location. That being said, if the ‘Three Star’ wanted it issued, I believe that all the ordinary paperwork would have been bypassed and that ammo would have been issued in less than 15 minutes at the most. Also, I do not believe that members of the Killeen SWAT team work the same shift and [so] I believe that each of them would have [needed to] volunteer for that duty; [so] again, it would have taken a lot of time to get them together before they could have all driven onto Fort Hood’.

‘Also, why [involve] 500 soldiers? With only two or three shooters at the most, would not a platoon of MPs armed with M16s fully loaded be enough firepower to subdue one to three shooters? I think it would be enough firepower’.

So, here we have an authoritative inside report that demonstrates, in our view, the following:

• This was a MAJOR BLACK OPS. event involving a stand-off between George Bush Sr. and his cadres and inter alia Chinese secret intelligence operatives assisted by US military forces at the base [see confirmations above].

• As always occurs in these conditions, the stories disseminated for public consumption (a) do not provide adequate cover for the lies they contain, (b) disintegrate on examination, and (c) require constant modification until the ‘mainstream’ media have lost interest. The manipulators are then left with the despised Fifth Estate, which they can entertain with diversionary redirection stories, as the event is (they hope) quietly buried.

• While the foregoing is of detailed interest and authority, it is peripheral to our enquiry, which reported what was going on behind the scenes without the distraction of trying to unravel the changing ‘public consumption’ bromide. Nevertheless we are most grateful to our subscriber and correspondent for this extremely instructive input.

THE PRINCIPALITY OF SNAKE HILL FRAUD REVISITED
We now re-post the updated version of our exposure of Wanta’s crude Principality of Snake Hill deception operation, originally posted on 20th September, as updated, and subsequently reposted on 22nd October 2009 [see Archive].

The central point to bear in mind here is that this deception embraced a fake ‘Central Bank of Snake Hill’. This ‘virtual’ Central Bank would and could have served any intended purpose of diverting the stolen funds into an Australian context and jurisdiction where the funds could be STOLEN by the corrupt CIA either directly or on behalf of the Bush/CIA/DVD criminal cadres.

THE WANTA ‘SNAKE HILL’ EXPOSURE DATED 22ND OCTOBER
The report, as posted on 22nd October, is as follows:

NOTWITHSTANDING THAT MR WANTA HAS BEEN EXPOSED AS A DECEIVER VIA THE REPORT BELOW THAT WAS ORIGINALLY POSTED HERE ON THE 16TH AND 20TH SEPTEMBER 2009, A DESPERATE REARGUARD ATTEMPT IS BEING MADE BY DISCREDITED U.S. OPERATIVES AND CRASS AGENTS OF INFLUENCE TO REHABILITATE WANTA PERHAPS SO THAT THE FUNDS CAN BE STOLEN IN ACCORDANCE WITH PLAN.

WE THEREFORE REPOST HEREWITH OUR ORIGINAL EXPOSURE OF LEO/LEE WANTA WHICH CONFIRMED THAT HIS ‘PRINCIPALITY OF SNAKE HILL’ DECEPTION WAS A RUSE, AND THAT WANTA AND HIS ATTORNEY, THOMAS HENRY, FALSELY REPRESENTED TO THE EDITOR OF THIS SERVICE (AS WANTA DID TO MULTIPLE OTHERS) THAT THIS FRAUDULENT, VIRTUAL ‘PRINCIPALITY’, WHICH THE AUSTRALIAN EMBASSY IN DUBLIN (AN OFFICIAL SOURCE) HAS OF COURSE RECONFIRMED DOES NOT EXIST, IS A REALITY. IT IS NOT. IT IS FAKE.

NOT ONLY DID WANTA STEAL THE EDITOR’S $35,000 LOAN WHICH PURCHASED A 5+ YEAR REDUCTION IN HIS PROBATION, BUT HE INSTRUCTED HIS LAWYER TO ISSUE A ‘MR NASTY’ THREATENING LETTER CLAIMING THAT HE WAS ACTING FOR REPRESENTATIVES OF ‘THE PRINCIPALITY OF SNAKE HILL’ WHICH DOES NOT EXIST: SEE THE EMAIL DATED THE 23RD SEPTEMBER 2009 FROM THE AUSTRALIAN EMBASSY, DUBLIN, HEREWITH.

THIS APPEARS TO BE SOME KIND OF WIRE FRAUD, FAX FRAUD AND/OR LEGAL FRAUD, WHILE IT DEMONSTRATES THAT BOTH THESE OPERATIVES ARE DECEIVERS WHO SELF-EVIDENTLY THEREFORE CANNOT BE TRUSTED WITH THE PROPER STEWARDSHIP OF FINANCES. IF THEY ARE PREPARED TO GO TO THE LENGTH OF ISSUING A LEGAL LETTER THREATENING THE EDITOR OF THIS SERVICE WITH EVERY FANTASTIC PENALTY UNDER THE SUN, ON BEHALF OF AN ENTITY THAT DOES NOT EXIST, THEY ARE LIABLE TO BE CAPABLE OF DOING ANYTHING.

THOSE WHO ARE ATTEMPTING TO REHABILITATE WANTA AT THIS LATE STAGE HAVE ALSO REVEALED THEMSELVES TO BE DECEIVERS: BECAUSE THEY CAN READ THE TEXT OF THIS REPORT AND THEY CAN UNDERSTAND THE MEANING OF THE WORD ‘DECEPTION’.

IF THE AUSTRALIAN EMBASSY IN DUBLIN RECONFIRMS THAT ‘THERE IS NO PRINCIPALITY IN AUSTRALIA’, THERE IS NO PRINCIPALITY IN AUSTRALIA (OF COURSE). BUT WANTA AND HENRY REPRESENTED, NOT LEAST BY WAY OF A LEGAL LETTER THREATENING THIS EDITOR, THAT THIS STUPID, FRAUDULENT FIGMENT OF A DEMENTED, SICK IMAGINATION DOES EXIST.

IF THAT IS NOT LEGAL FRAUD, BRINGING NOT JUST WANTA AND HENRY, BUT THE NEBRASKA AND COLORADO BARS, AND THE U.S. LEGAL SYSTEM, INTO DISREPUTE, THEN THE INTEGRITY OF THE UNITED STATES GENERALLY HAS INDEED COMPLETELY COLLAPSED.

(A): ‘PRINCIPALITY OF SNAKE HILL DOES NOT EXIST’: AUSTRALIAN EMBASSY, DUBLIN
On Wednesday 23rd September 2009, our Irish friend and associate, Mr Richard Sharpe, obtained independent confirmation from Ms. Brenda Farrell, of the Australian Embassy in Dublin, that ‘The Principality of Snake Hill’ does not exist, thereby reconfirming that the entire ‘Snake Hill’ operation is, as we explained in exhaustive detail below, FRAUDULENT.

• This definitively destroys the bona fides and reputations of the poseurs and serial deception operatives exposed in this report, and should terminate the destructive activities of these people once and for all. They are FINISHED. They have been CAUGHT OUT. Before the whole world.

The email from the Australian Embassy in Dublin, dated 23rd September 2009, reads as follows:

Forwarded message
From: <richardsharpe@eircom.net>
Date: Wed, Sep 23, 2009 at 12:25 PM
Subject: Fwd: Principality of Snake Hill [SEC=UNCLASSIFIED]
To: mrrichardsharpe <mrrichardsharpe@gmail.com>

richardsharpe@eircom.net wrote:
Many thanks for your timely response.

Regards
Richard

“Austremb Dublin” <Austremb.Dublin@dfat.gov.au> wrote:

Dear Mr Sharpe,

Thank you for your email.

There is no principality in Australia.

Kind regards

Australian Embassy
Dublin
Tel: +353 (0) 1 664 5300
Fax: +353 (0) 1 678 5185

richardsharpe@eircom.net

(B): THE UPDATED REPORT OF 20TH SEPETEMBER 2009 BEGAN THUS:

A THREAT BY WANTA AGAINST THE EDITOR OF THIS SERVICE
The Editor has received the following threatening communication from Thomas E. Henry, on behalf of Mr Wanta, who is the subject of the exposure report below, published by this British Editor and publishing house on this London-based website on 16th September 2009. We have now amended the date of this exposure report to Sunday 20th September 2009.

[We append this information ABOVE the exposure report. Readers who have not yet read the exposure report should read that first, otherwise the relevance of what follows immediately below may not be clear to them at first].

In the exposure report, Mr Wanta is exposed inter alia as a thief and a deceiver who has stolen the monies specified below, including the Editor’s LOAN funds of $35,000 plus interest, and who used the Editor’s platform to wage his campaign for 18 months in 2006-07, issuing instructions to the Editor by facsimile, together with numerous verbal demands, to maximise the potential of publicity available from our platform. This continued until the Editor and others realised they had been used.

• SPECIAL ATTENTION should be paid to the Editor’s response appended following the threatening letter. The repudiation of this deception by the Australian Embassy is repeated below.

Thomas E. Henry
Attorney at Law

September 18, 2009

Christopher Story FRSA,
Editor and Publisher.
International Currency Review,
World Reports Limited,
London and New York.
Via Facsimile: 212-679 1094 and 44 (0)20-7222 3836

Re: Christopher Story publications including but not limited to recent article entitled “WANTA: A FINANCIAL TERRORIST WORKING FROM WITHIN – DEVIOUS FINANCIAL CROOK EXPOSED BY THE MAN WHO BOUGHT HIS FREEDOM” dated Wednesday 16 September 2009 with amendments September 17 & 18, 2009. (Note: Wrongdoing asserted against the editor in this communication should not be considered all inclusive of claims that Lee/Leo Wanta The Principality of Snake Hill and/or any of their respective associates, affiliates, or fiduciary relationships may have against the editor individually or corporately whether in law or in equity).

Dear Mr Story

Please be advised that I have been directed by Lee/Leo Wanta and representatives from The Principality of Snake Hill to demand you immediately and forthwith cease and desist from the publication of false and damaging information regarding either stated party that is clearly and blatantly inaccurate and not substantiated by fact. Your September 16, 17 & 18, 2009 publications make reference to organization affiliation, events and individual associations(s) that constitute libel, slander and exemplifies your negligent and obvious disregard for accuracy and truth. It is the directive and intention of my client(s) to hold you responsible for any and all direct and indirect consequences arising from your total disregard for the truth. Your mention of times, dates, places, location of parties, association of parties and suggestive inferences are fraught with error that cannot possibly be supported by credible evidentiary fact.

As a purported investigative journalist you are congnizant there must be a reasonable and plausible “connect the dots” premise that permits an alleged fact to be used to make another conclusion. Since there is no publication of the substantive basis for any of your purported statements of fact it is suggested and proffered that your misrepresentations and negligent disregard for the truth are derived from misdirected anger and malicious intent to bring harm to innocent third parties.

In your published articles you demonstrate a total and complete disregard for the truth and accuracy of statements, claims and accusations made in your publication. Irrespective of your source of information, a co-conspirator’s negligence does not excuse you from exercising reasonable due diligence prior to committing libel, slander, and defamation of character.

In your 16, 17 & 18 September 2009 published articles you ignore seasoned reporter ethical standards and/or you fail to exercise even a smitten degree of professionalism. Your negligent publishing standard succumbs to the antics of tabloid journalism and “yellow journalism”.

You are requested to immediately and forthwith publish a retraction of all references that your claims and representation regarding Lee/Leo Wanta and/or The Principality of Snake Hill are based on evidentiary fact. It is further requested that you make available to myself and/or any reader of your articles all documents and sources of information that you have relied on in authoring the referenced publications.

In your retraction you must identify what is your opinion as apposed [sic] to an alleged evidentiary fact and simultaneously the source, credibility and veracity of the evidentiary alleged fact. I must further advise that irrespective of any published retraction damage has already been realized and will continue and be ongoing.

The accuracy and extent of your retraction may be considered by my clients as an attempt at mitigation. If an acceptable apology for your misguided, inappropriate, negligent and malicious activity is properly and clearly enunciated in any retraction such apology may draw an end to further contact and instruction from my clients,

Time is of the essence. Your immediate attention to the demands and requests made in this letter are expected.

If you decide to ignore my request I would appreciate your consideration in providing me with contact information regarding your legal counsel (representative barrister) to enable further proceedings to be initiated.

Sincerely

[Signed]
Thomas E. Henry

C.c. The Principality of Snake Hill
Ambassador Lee (Leo) E. Wanta

1125 South 79th Street, Omaha, Nebraska 68124
Tele: 402-614 2057
Cell: 402-680 0509
Fax: 800-418 5873
Colo. Atty. #4504
NE Atty. #11819
ThomasEsq_232@hotmail.com

(C): THE EDITOR’S RESPONSE [PRIOR TO RECEIPT OF THE AUSTRALIAN EMBASSY’S EMAIL]:
Since ‘time is of the essence’, immediate attention has been paid to this letter, which was received on Sunday 20th September 2009, and the Editor responds to this threat as follows:

(1): The writer of the above letter is requested to furnish the Editor of this service promptly with a Notarised copy of Mr Lee/Leo Wanta’s necessary Letter of Accreditation or appropriate document confirming Mr Lee/Leo Wanta’s status as Ambassador of ‘The Principality of Snake Hill’ [a.k.a. ‘The Principality of New Wales’] signed by the present US Secretary of State, Mrs Hillary Clinton, whose husband, when President of the United States, had Mr Wanta thrown into jail.

• As he will be aware, Ambassadorships must be confirmed or denied by each successive US Administration.

• As he will also be aware, diplomats protected by the relevant Vienna Conventions are so protected and can neither sue nor be sued.

(2): Absent the necessary prompt disclosure of the above requested Notarised current official US evidence of Mr Wanta’s ‘Ambassadorial’ status, Mr Wanta will necessarily be further self-exposed as an impostor and a deceiver.

(3): Mr Thomas Eugene Henry is NOT an independent Attorney, but on the contrary is an interested party and a possible co-conspirator with Mr Wanta, given that we hold the following evidentiary documents which are reproduced herewith verbatim.

Both documents bear facsimile data referencing the fact that they were faxed ‘From Ambassador Lee Emil Wanta’ on 2008-02-03 [3rd February 2008] from fax # 12023305116:

• Appointment of Mr Thomas Eugene Henry by ‘The Principality of Snake Hill’
as ‘Consul to the People’s Republic of China’:

[Fake ‘Principality of Snake Hill’ ‘coat of arms’]

The Principality of Snake Hill
Certificate of Appointment:

This is to certify that
Thomas Eugene Henry, Esq.
Became the Consul to
The People’s Republic of China
For the Principality of Snake Hill
Today, 28th January, 2008.

[Signed: Paul]
His Royal Highness
Prince Paul
[FACT: The signature of ‘Prince Paul’ appended thereto bears an extraordinarily close resemblance to the handwriting of Mr Lee/Leo Emil Wanta].

• Appointment of Mr Thomas Eugene Henry’s wife by ‘The Principality of Snake Hill’
as Vice Consul General to the People’s Republic of China:

[Fake ‘Principality of Snake Hill’ ‘coat of arms’]

The Principality of Snake Hill
Certificate of Appointment:

This is to certify that
Chong Van (Aileen) Henry
Became the Vice Consul General to
The People’s Republic of China
For the Principality of Snake Hill
Today, 28th January, 2008.

[Signed: Paul]
His Royal Highness
Prince Paul
[FACT: The signature of ‘Prince Paul’ appended thereto bears an extraordinarily close resemblance to the handwriting of Mr Lee/Leo Emil Wanta].

(4): Separately, appointment of Mr Lee Emil Wanta
as ‘Ambassador to the People’s Republic of China’ for ‘The Principality of Snake Hill’:

[Fake ‘Principality of Snake Hill’ ‘coat of arms’]

The Principality of Snake Hill
Certificate of Appointment

This is to certify that
Lee Emil Wanta
Became the Ambassador to
The People’s Republic of China for
The Principality of Snake Hill
Today, 12th November 2007.

[Signed: Paul]
His Royal Highness
Prince Paul
[FACT: The signature of ‘Prince Paul’ appended thereto bears an extraordinarily close resemblance to the handwriting of Mr Lee/Leo Emil Wanta].

The writer of the above letter is requested to furnish the Editor of this service promptly with a Notarised copy of Mr Wanta’s necessary Letter of Accreditation or appropriate official Chinese Government document confirming Mr Wanta’s status as Ambassador of ‘The Principality of Snake Hill’ [a.k.a. ‘The Principality of New Wales’] to the People’s Republic of China, and signed by the appropriate Representative of the Government of the People’s Republic of China.

The following issues identified in (1) and (2) above apply in this context:

(a): As he will also be aware, diplomats protected by the relevant Vienna Conventions are so protected and can neither sue nor be sued.

(b): Absent the necessary prompt disclosure of the above requested Notarised current official Chinese Government evidence of Mr Wanta’s ‘Ambassadorial’ status, Mr Wanta will necessarily be further self-exposed as an impostor and a deceiver.

Finally, certain STC regulations preclude the use of FAX MACHINES to perpetrate fraud.

FOLLOWING REPUBLICATION OF THIS REPORT ON 20TH SEPTEMBER… [WE REPEAT]:
The following email was received from our Irish associate, Richard Sharpe, in response to our enquiry at the Australian Embassy in Dublin to reconfirm that there is no such absurdity as the ‘Principality of Snake Hill’ in Australia, or any other ‘Principality’ for that matter:

Forwarded message
From: <richardsharpe@eircom.net>
Date: Wed, Sep 23, 2009 at 12:25 PM
Subject: Fwd: Principality of Snake Hill [SEC=UNCLASSIFIED]
To: mrrichardsharpe <mrrichardsharpe@gmail.com>

richardsharpe@eircom.net wrote:
Many thanks for your timely response.

Regards
Richard

“Austremb Dublin” <Austremb.Dublin@dfat.gov.au> wrote:

Dear Mr Sharpe,

Thank you for your email.

There is no principality in Australia.

Kind regards

Australian Embassy
Dublin
Tel: +353 (0) 1 664 5300
Fax: +353 (0) 1 678 5185

richardsharpe@eircom.net

THE WANTA EXPOSURE REPORT DATED 16TH SEPTEMBER 2009 STARTS HERE:

• THE C.I.A. LIE SURROUNDING WANTA’S EXIT FROM JAIL

• DELIBERATE OBFUSCATION OF THE TIMING OF WANTA’S RELEASE

• THE 9/11 ABOMINATION IS GOING TO BE EXPOSED

• PUBLIC LIES HAVE AN AVERAGE LIFE OF SEVEN YEARS

• GETTING CAUGHT OUT IS THE ONLY SIN

• DETAILED BACKGROUND TO THE EDITOR’S $35,000 WANTA LOAN

• HE’S STOLEN SMALLISH AMOUNTS BEFORE

• NOTHING TO DO WITH WANTA’S EXIT FROM JAIL

• THE MARVELOUS INVESTMENTS LIMITED DIMENSION

• BANKING ARRANGEMENTS FOR MARVELOUS INVESTMENTS LIMITED

• THOMAS HENEGHAN CHARGED WITH TASK OF OPENING WANTA BANK ACCOUNT

• THE $5.0 BILLION LAUNDERING OPERATION

• THE $5.0 BILLION WERE STOLEN FROM DELMARVA TIMBER TRUST

• A DEVIOUS, SUBVERSIVE ‘BIRD DOG’ FOR GEORGE BUSH SR.

• PATTERN OF STEALING HURRICANE DAMAGE MONEY

• HIS EXPERTISE IS TO ‘FACILITATE’ THE STEALING OF FUNDS

• PROJECTS, INITIATIVES, DELIBERATELY SET UP FOR THEFT

• ‘SORRY I’M LATE. BEEN DOING MY DEVOTIONS’

• LAUNDERING OPERATION CONVERTED TO STEALING OPPORTUNITY

• HUGE CONSTRUCTION PROJECTS: COVER FOR PREPLANNED THEFT

• ‘MARVELOUS INVESTMENTS’ EXISTED BEFORE IT WAS FORMED

• HEGER MAKES HIMSELF BENEFICIARY-TRUSTEE OF ‘MARVELOUS INVESTMENTS’

• HUGE SUMS OF MONEY STOLEN FROM THE PHILIPPINES

• ‘HE’S DECEIVED EVERYBODY. SO WHAT ELSE IS NEW?’

• RECENT EMAILS TO THE EDITOR FROM WANTA

• THE ‘PRINCIPALITY OF SNAKE HILL’ DECEPTION

• PURPOSE OF THE ‘SNAKE HILL’ OPERATION: TO STEAL MONEY

• INCOMPETENT ‘VIRTUAL REALITY’ ‘SNAKE HILL’ WEBSITE

• APPROPRIATELY, YOU ARE GREETED BY A SNAKE

• SUDDENLY, IT’S ‘THE PRINCIPALITY OF NEW WALES’

• LIST OF NON-EXISTENT MAKE-BELIEVE ‘SNAKE HILL’ ‘MINISTERS’

• ‘WRAPPING HIMSELF IN THE FLAG’ FOR DECEPTION PURPOSES

• THE PURPOSE OF THIS CRUDE C.I.A. ‘SNAKE HILL’ DECEPTION

• WHAT WE KNOW ABOUT THE BEHAVIOUR OF THESE SNAKES

• MICRONATIONS AND HERITAGE SITES VS. THE NATION STATE

• RE-EXPORTED AMERICAN FINANCIAL CORRUPTION

• SUCH CORRUPTION IS NOTHING NEW, BUT THAT’S NO EXCUSE

• ‘THE RULE OF LAW DOESN’T APPLY TO US’

• CHINESE AND SWISS DENY THAT WANTA SHOULD EVER BE PAID

• A FINANCIAL TERRORIST BENT ON AMERICA’S DESTRUCTION

• PRIVATE SECTOR CREATES TAXABLE REVENUE; GOVERNMENT GENERATES ONLY DEBT

• MORE MEDIA OBFUSCATION OF THE CAUSE OF THE CRISIS

• WANTA’S OBSTRUCTIVE BEHAVIOUR FINALLY RECOGNISED

• THE LIE THAT OBAMA IS ‘DOING WHAT IS BEST FOR AMERICA’

• BERNANKE’S ‘RECOVERY’ IS A LIE, TOO. A HUGE DOWNWAVE BECKONS

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. THE ‘PRELIMINARIES’ ARE PLACED AT FOOT OF THE ARTICLE:
Please access them below for all current announcements and the Internet Security Solution.

EXECUTIVE SUMMARY: THE ESSENCE OF OUR FINDINGS
Leo/Lee Emil Wanta is a long-range German penetration agent. It is neither here nor there whether he is sitting in a suite in the Waldorf-Astoria in New York City, in a safe house in Wisconsin, or else in a safe house in California. His primary contacts are German or Austrian: Herr Gerald Salchert , who collected him from jail shortly after 9/11; Mr Steven Goodwin, his Attorney, who was born in Dusseldorf, Germany; Arnold Schwarzenegger, Governor of California, born in Austria; and most importantly of all, George H. W. D. V. D. Bush Sr., who is the head of the long-range pan-German strategic deception agency [Abwehr], based in Dachau, Germany, which is bent on ‘Building the Thousand-Year Reich on the Ruins of the United States’, as confirmed in documents seized by the Allies at the end of the Second World War.

Leo/Lee Wanta answers the telephone in German, spells the word ‘Telephone’ thus: TELEFON, and masquerades behind a perpetual fog of FAKE AMERICANA, wrapping himself in the flag, drooling over ‘Apple Pie Americanism’ in his emails and posted communications, and generally overplaying his hand by using words like ‘lawful’ which should be unnecessary, as everything we do MUST be lawful, there being NO CREDIT for operating within the law.

Wanta was FIRED BY THE QUEEN and the REVISED Basel List mandates the Specific Line Item which designates Michael C. Cottrell, B.A., M.S., to receive certain funds rather than Wanta, who cannot be trusted and is the agent of a foreign power buried deep inside the US structures.

• The task allocated for Michael C. Cottrell, B.A., M.S., is to organise and operate the Group of 7-approved fully transparent, taxable US Dollar Refunding Programme on the principle that private sector trading operations ON BALANCE SHEET generate taxable income, which Government deficit- financing as implemented by the Obama-Geithner-Bernanke triad cannot procure (as Government generates only DEBT, not TAXABLE PROFIT), with the tax accruals paid into the British Treasury for (a) the British tax receipts that will accrue and (b) under the Bretton Woods arrangements, for the US tax accruals to be forwarded by the British Treasury to the American Treasury authorities. Thus the US Treasury authorities will receive cascading ON-BALANCE SHEET tax accruals, whether they like it or not. The Obama-Geithner-Bernanke triad have been WILLFULLY impeding this outcome, as the late announcement at the top of this report confirms.

Dr Bernanke’s facile assertion on Tuesday 15th September to the effect that ‘the recession is nearly over’ reflects the fact that the Criminal Syndicate, for which the Chairman of the Federal Reserve Board, Dr Bernanke, is the reappointed ‘Gatekeeper’, intends to make payment via Wanta, who has been dismissed by The Queen, is a felon and as this report shows, steals money, so that trillions can then be siphoned off both into corrupt pockets and to buttress the illusion of recovery, making it seem that the Obama-Geithner-Bernanke team are a bunch of brilliant magicians.

• The underlying purpose of these manoeuvres is to revitalise the moribund Fraudulent Finance derivatives sector by irregular backdoor means, so that the funny money that the DVD-CIA-Bush Crime Syndicate have lost can be made up and fresh trillions spun out of nothing ad infinitum.

This report is timed to EXPOSE WANTA as a long-range penetration agent working for Bush Sr., who works for America’s secret, determined long-range enemy bent on wreaking revenge for its defeat in two World Wars, Germany; and to remind all concerned that this man is a convicted felon who steals money and has stolen funds (such as this Editor’s $35,000 fund which purchased his freedom from probation) despite his unresolved status as a felon.

He is 100% untrustworthy, lies through his teeth, changes his mind every five minutes, enters into financial obligations that he cannot at the time of making them fulfil (FRAUD IN THE INDUCEMENT) and has deceived everybody, including this Editor.

Under NO CIRCUMSTANCES should Wanta be paid a single red cent.

This is the view of the highest Chinese and Swiss authorities and also, we believe, of the British Monarchical Power, the three external powers which INSIST that the US authorities CEASE AND DESIST from their corrupt intent to DISREGARD THE REVISED BASEL LIST and thus to ignore the necessary international instructions.

Wanta knew about 9/11 BEFORE IT HAPPENED, proving that the US Government of George W. Bush was complicit in that Reichstag-Fire-style abomination. Wanta therefore has blood on his hands. His preaching about Misprision of Felony, it appears, does not apply to him.

Story’s Third Law prescribes that ‘Sooner or later, all covers and operations are blown’. We hereby BLOW WANTA’S COVER AND DEMAND THAT THE U.S. AUTHORITIES STOP SHELTERING THIS TRAITOR. Wanta doesn’t work for the United States.

• His play-acting and protestations to the contrary are elaborate, crude deception cover.

THE C.I.A. LIE SURROUNDING WANTA’S EXIT FROM JAIL
On 9th September it was alleged on another website that Janet Napolitano, Secretary for Homeland Security, had been arrested along with eight other officials and extradited to Europe. When Janet Napolitano appeared on TV screens within a brief period of time, it was postulated that the sources in question could not be relied upon and that this service and one other were the only Internet sources on the underlying crisis to which attention should be paid.

While undeservedly flattering, this Internet source asserted words to the effect that ‘Story came comparatively late onto the scene, having paid for Wanta’s exit from jail’ – thus recycling a subtle, reckless and potent CIA lie (although the ANONYMOUS person who posted this lie was probably innocent of anything more than repetition, a likelihood that we gladly accept as true).

DELIBERATE OBFUSCATION OF THE TIMING WANTA’S RELEASE
This single, subtle LIE covers up the fact that Wanta, and therefore the US Government and its controlling Intelligence Power (the CIA and its myriad dependencies, which include the Federal Bureau of Investigation), knew all about 9/11 before the abominations occurred.

It follows that all the above, and all elements of the US structures that have continued the 9/11 cover-up, are co-conspirators in mass murder and have blood on their hands. If CIA-‘President’ Obama-Soetoro were genuine, and not a controlled operative-puppet of the criminalized, money-chasing and murderous Intelligence Power (with apologies to its ‘white hats’ if such phenomena exist these days, which we doubt), he would have dropped everything on assuming power and his first job would have been to demand, even at the risk of his own life, a proper, public accounting of the 9/11 mass murder, orchestrated at the behest of George, H. W. D. V. D. Bush Sr.. But he didn’t. He’s done nothing but connive in the cover-up, like his predecessor who presided over it.

THE 9/11 ABOMINATION IS GOING TO BE EXPOSED
Given this explosive state of affairs, the pressure which will cause this abomination to ‘blow’ continues to accumulate, and sooner or later will result in the ‘take-down’ of all the perpetrators and those media whores, such as Rupert Murdoch and his like, who are parties to the cover-up. We know of one US broadcasting organisation which accepted a ‘funny money’ bribe of $1.68 billion to bury everything that we ourselves have published on this subject: and likewise with others.

• We also know of another media giant that accepted a corrupt payment adjacent to $2.0 billion for the same purpose: to hide the truth that we and others are reporting, from the American people.

According to the ‘ethic’ by which these Dark Forces operate, everything is permitted, with one sole exception: getting caught. The LIE exposed herewith represents GETTING CAUGHT.

We hold on file as much detailed, accumulated, authoritative, relevant technical evidence about the explosives employed to implode the Twin Towers and the associated circumstances, as any other responsible and serious investigator. But such data, while FULLY CONCLUSIVE, is nothing like as effective as human evidence that actually catches the perpetrators LYING to cover up the well-known fact that they knew all about the murderous abominations before they occurred. That evidence has now erupted onto the stage.

PUBLIC LIES HAVE AN AVERAGE LIFE OF SEVEN YEARS
Like plutonium, public lies have a half-life, and decay over a period of time. In our long experience, the average half-life of a public lie is about seven years. It is eight years since 9/11, so the time is ripe for wholesale exposure: which is why the recycling of this CIA LIE is so important.

THE RECYCLED LIE AND WHY WE EXPOSED IT
The Editor noticed the recycled lie immediately before leaving for the United States on the 11th September. By the time he had cleared airport security, he finally realised the significance of this repeated lie, and, finding an Internet location at the airport, posted this Update to our report dated 6th September. The text below has been slightly expanded:

• UPDATE, 11 SEPTEMBER 2009:
IT HAS BEEN INACCURATELY ASSERTED ON ANOTHER WEBSITE THAT THE EDITOR PAID FOR WANTA’S RELEASE FROM JAIL. THIS IS AN OLD C.I.A. LIE THAT HAS BEEN PROMULGATED FOR TWO YEARS OR MORE. The Editor did NOT procure Mr Wanta’s release from jail which of course is impossible. The Editor loaned Leo/Lee Wanta $35,000 for two years on an arms’-length basis at 7% compound per annum, effective 10th June 2005 and repayable on 11th June 2007.

• He did not repay the Editor’s $35,000. He has STOLEN THE EDITOR’S LOAN FUNDS.

The purpose of the loan was to settle Court ‘Restitution’ plus fees in respect mainly of State Tax of $14,129 plus interest that Wanta had already paid twice, in May and June 1992 (we hold copies of the relevant transaction documents). The Editor’s private loan funds paid this tax bill for the THIRD time. Full details of this scandal were exposed in our final report on that subject, dated 6th August 2007 [see Archive]. But that is NOT the main point of this insert, necessitated by the repetition of this old CIA LIE, exploiting the timing of the loan. The LIE masks a colossal hornets’ nest of evil.

The main point is as follows. The subtle CIA-originated LIE that the Editor paid for Wanta’s release from PRISON presupposes (deceitfully) that Wanta was released in 2005 WHICH IS NOT TRUE. On the contrary, Wanta was released from jail eight or ten days after 9/11 (on 19th or 21st September 2001). But by reiterating that the Editor’s funds procured Wanta’s release from JAIL, the FALSE impression is given that Wanta emerged from U.S. prison FOUR YEARS after 9/11: A FABRICATION.

Wanta was collected from jail shortly after 9/11 by Gerald Salchert, resident in the United States, of Austrian extraction, and taken to the home of a relative in Wisconsin.

WHY would the C.I.A. promulgate this LIE (and we will explain later WHO started this LIE)? In order to answer that question you need to be aware of the real reason Wanta was held in jail during the run-up to 9/11. The reason is that, since Wanta had been scammed and badly treated (which maybe he deserved: but that’s a separate point), the CIA had concerns that he might divulge the 9/11 plans AHEAD OF THE ABOMINATION. So they held him incarcerated until afterwards.

• What does this tell you? Work it out for yourself! Mr Wanta KNEW ABOUT 9/11 IN ADVANCE of the event, and they had to make sure that he didn’t spill the beans because of his dissatisfaction at the way he had been treated. SO THEY HAVE EXPLOITED THE DATE OF THE EDITOR’S LOAN PAYMENT, WHICH OBTAINED WANTA’S EXIT FROM PROBATION (gaining him five years and two weeks, to be precise, as his scheduled probation end-date had been 28th November 2010), TO COVER UP THE FACT, EXPOSED BY THIS LIE, THAT THE C.I.A. AND THE U.S. GOVERNMENT KNEW ALL ABOUT 9/11 BEFORE IT HAPPENED. Because as Leo/Lee Wanta, who worked for the Government and the Bush Crime Syndicate, knew about 9/11 BEFORE the event, SO DID THE U.S. GOVERNMENT and the CIA. If you think this is DYNAMITE, you are 100% ACCURATE. (1)

GETTING CAUGHT OUT IS THE ONLY SIN
When elements of the Dark Forces get caught out, THEY BECOME NERVOUS AND RATTLED. We can advise you that this is what occurred after we posted the above Update. To assert that certain parties were ‘furious’ would be a mild description of their reaction. One can understand that, given the Misprision of Felony Statute [see below], there are good reasons for their anger. How DARE some nasty, British investigative reporter find them out!

DETAILED BACKGROUND TO THE EDITOR’S $35,000 WANATA LOAN
And it gets very considerably worse. To begin with, here again are the simple outline facts, for the record, concerning the Editor’s arms’-length private LOAN of $35,000 to Wanta for two years to pay for his Court-ordered Restitution, which Wanta has STOLEN:

(1): Having extensively investigated some of the background to the financial corruption developed by the US Intelligence Power and exported so that it affects the whole world (hence the Editor was NOT investigating US DOMESTIC issues, but rather the American dimension of a vast international Fraudulent Finance crisis entailing a subversive attack by foreign powers on the United Stastes itself), the Editor concluded, after much thought and consideration, that Leo/Lee (who has two names for a reason: see below) Wanta held a (if not THE) key to exposure of this corruption.

(2): In early 2005, at Wanta’s suggestion, the Editor visited Richmond, VA, to meet one of Wanta’s (controlled) Attorneys, Steven Goodwin, who was born in Düsseldorf. Over dinner (which the Editor paid for, like everything else), Goodwin revealed that he had ‘negotiated’ an arrangement with the Wisconsin Department of Corrections, whereby if Wanta’s Court-ordered ‘Restitution’ and other fees were paid, they would ‘use their best endeavours’ to have Wanta’s probation period, then scheduled to end on 28th November 2010, shortened.

• It transpired that a sum of more than $30,000 was needed for this purpose.

(3): After careful consideration, the Editor decided, in view of the hideous corruption perpetrated by the Wisconsin Department of Revenue in charging Wanta THREE TIMES FOR THE SAME TAX (we surely do not need to repeat the sordid details, which are accessible from our final report on that subject dated 6th August 2007: see Archive) that he would be the ‘wildcard’ and would raise $35,000 to UNLOCK the situation by effectively purchasing a shortening of Wanta’s probation.

Under the documented arrangement, the Editor LOANED Leo/Lee Wanta $35,000 for two years at 7% compound interest (terms applied by Messrs. Goodwin and Wanta without consulting the Editor), repayable in full with interest on 11th June 2007. The loan plus interest has never been repaid and has been STOLEN. Wanta never followed through with an explanation of why he has defaulted on this loan.

• Steven Goodwin is a co-conspirator in the defrauding of the Editor of his $35,000 loan plus interest by knowingly framing the text of the loan papers using duplicitous language which almost resulted in us backing out on being asked to ‘sign here’ by Wanta on 10th June 2005.

(4): On 10th June 2005, the Editor arrived at Wanta’s family member’s address in Wisconsin. The loan papers had been prepared by Steven Goodwin. Mr Wanta was sitting there in a somewhat unfriendly mode, effectively saying; SIGN HERE. When the Editor read the convoluted language of the loan document, he didn’t like the text at all. However, after some hesitation, he signed it for two reasons: first, if the Editor were later to conclude that the loan papers were deliberately worded to provide Wanta with the apparent freedom to do what we now know that he always does – renege, like his master, Bush Sr., on all his undertakings – the Editor could abort the loan.

And secondly, the Editor had made the long journey up to the ‘boonies’ and didn’t relish aborting what he had determined would UNLOCK the keys to the financial corruption, epidemic, which is worse than any such outbreak in human history.

(5): The Editor then spent six weeks in the United Kingdom (a) wondering whether he had done the right thing and (b) waiting to see how agitated Wanta would get if the funds were delayed for a few weeks. Sure enough, Wanta was repeatedly on the phone, asking what was happening. The Editor raised the funds (from proceeds from a successful sale of our private London residence) and send a bank draft by courier to Goodwin’s office in Richmond.

• The Editor’s covering letter requested that Goodwin travel in person to the local office of the WI Department of Corrections to obtain a RECEIPT – a demand that Mr Goodwin initially resisted but finally concurred with. On 21st July 2005,Goodwin presented a cheque for nearly $32,000, using the Editor’s loan money, to the local Wisconsin Probation agent, obtaining a written formal receipt.

• On the following day the agent generated a computer print-out confirming that Wanta had nothing further to pay by way of this Restitution. The Editor holds copies of both documents.

• FACT: All this information has been in the public domain, on this website and in our financial journal International Currency Review, for several years. All relevant foreign Governments and their intelligence agencies are well aware of these details.

(6): Instead of Wanta’s probation being terminated promptly, the ‘entirely unexpected’ satisfaction of the Wisconsin Court’s Restitution and fees, incorporating THE THIRD PAYMENT of the same State tax of $14,129 by Wanta [see the Archive: 6th August 2007] – a gross abomination in itself – absolutely nothing happened. The Editor later found out that a painful debate had ensued behind the scenes, given the awkward reality that someone had emerged to pay Wanta’s Court-imposed Restitution and fees, which (as again we later discovered) all US personnel had been explicitly instructed NOT to do. This CIA instruction did not, however, cover the Editor of this service.

(7): The internal debate was resolved when, well over four and a half months later, it was finally determined that the Wisconsin authorities could not take the money and give nothing in return – as a consequence of which Wanta’s probation was formally terminated and he was given an ‘absolute discharge’ from probation period effective 14th November 2005 – five years and two weeks ahead of the set date for the ending of his probation (28th November 2010).

(8): As indicated, Wanta has failed to repay the Editor’s $35,000 plus interest and has taken NO STEPS to rectify this omission. He has not written to the Editor to explain his default. In June 2006, he left a couple of angry messages on our voicemail (both of which we have recorded and made hard copies of), in one of which he said that ‘the reason you haven’t been repaid IN FULL is that…’. But the Editor hasn’t been repaid AT ALL!

• The man is absolutely unreliable, twists facts to suit his own preferences, routinely engages in gratuitous deception, changes his mind all the time, and makes things up as he goes along.

HE’S STOLEN SMALLISH AMOUNTS BEFORE
Nor is this the first time that Wanta has stolen comparatively small sums of money. The Editor has on file a communication from another party who complained that he lent Mr Wanta $25,000, which Wanta stole. When the party who lent the money phoned Wanta to demand his repayment, Wanta feigned that he could not continue the conversation because his communications were bugged, and abruptly terminated the call.

Given these two instances (out of many, we understand) of Wanta stealing money from others – in these two instances, by fraudulent conversion of loan monies into gifts without the consent of the lenders – it is crystal clear that Wanta cannot be trusted to handle ANY MONEY AT ALL; and, as he remains a felon (given not least that Mr Steven Goodwin, on CIA instructions, failed to obtain the necessary final exculpatory document from the Wisconsin Court), he cannot open a bank account, either. As a convicted felon who has continued to steal money, he is not a fit person with whom any party can or should deal under any circumstances. And anyone who may be so foolish as to entrust this man with sums of money, whether large or small, would, on the basis of our knowledge and experience, be double-crossed and financially raped.

NOTHING TO DO WITH WANTA’S EXIT FROM JAIL
As can be seen, the foregoing sequence has NOTHING WHATSOEVER to do with Wanta’s release from jail. The LIE that the Editor’s LOAN funds made available in June 2005 procured Wanta’s exit from jail (an impossibility anyway) was first promulgated by the US disinformation operative Greg Szymanski in 2007. When the Editor asked him to correct this error on his website, Mr Szymanski responded arrogantly: ‘Jail, probation, what’s the difference?’ – and then proceeded to REITERATE THE CIA LIE that the Editor’s funds procured Mr Wanta’s release from jail, which of course implied erroneously that Wanta was released from jail in 2005, rather than shortly after 9/11 2001.

When Mr Szymanski reiterated this LIE having been asked by the Editor to make the necessary correction, the Editor exposed his uncooperative and aberrant behaviour on this website. It so happened that the Editor’s report in question was finalised and posted on a Sunday. Within about 45 minutes, Szymanski revealed his true nature – dispatching an angry email to the Editor along the following lines: ‘How DARE you libel me! I have my lawyers working 24/7 to take you to court!’

• However lawyers’ offices tend to be closed on Sundays.

As stated in our 11th September Update, Wanta’ s exit from jail occurred shortly after 9/11, when he was collected from jail by Gerald Salchert, who is of Austrian origin. Since Leo Wanta answers the phone in German, and Bush Sr. has dual US and German nationality, being head of the pan-German long-range strategic deception ‘Black’ agency DVD, Dachau (Deutsche Verteidigungs Dienst), this fact is of importance as this rats’ nest, fundamentally reflecting a foreign offensive against the United States, progressively unravels.

THE ‘MARVELOUS INVESTMENTS LIMITED’ DIMENSION
Gerald Salchert is reported to us to have taken money in Canada from Marvelous Investments Limited (MIL, which of course mimics the first three characters of Military), which was incorporated under the General Laws of the Commonwealth of Massachusetts on 3rd November 1998 (2) .

At incorporation, the officers of Marvelous Investments were shown under Article VIII of the incorporation documents to be:

• Lee (not Leo) E. Wanta (President and Director) of (Residential address): 4000 Steeles Avenue West, Suite #221, Woodbridge, Ontario, Canada L4L 4VS;

• Charles Crowninshield (Treasurer and Director) of (Residential address): 400 Main Street, Boxford, MA 01921, USA; and:

• John (a.k.a. Giovanni) Ferro (Director) of (Residential address): 16 Madill Street, Toronto, Ontario, Canada M9P 2PS.

Notwithstanding that Marvelous Investments Limited was indeed formally incorporated in the Commonwealth of Massachusetts on 3rd November 1998 as confirmed above, the entity was reportedly functioning many years earlier than that (3) . This may have reflected the fact that the same name was registered in several jurisdictions – a well-known financial fraud device.

It may be recalled that Wanta had implied to the Editor of this service that he was in jail from the date of his conviction by what was undoubtedly, given the corruption perpetrated by the Wisconsin Department of Revenue, a kangaroo court, in 1995, until his release after 9/11, in September 2001.

However the Marvelous Investments Limited documents give his address not as an Oklahoma prison (where he was subsequently confined on the orders of President Bill Clinton working for criminal former President Bush Sr.), but as the address in Woodbridge, Canada, indicated above.

BANKING ARRANGEMENTS FOR MARVELOUS INVESTMENTS LIMITED
Banking arrangements for Marvelous Investments Limited were encapsulated in a document, a genuine copy of which is held by this service, which reads in toto as follows:

CORPORATION ACCOUNT: (SECURITY CASH ACCOUNTS ONLY: FULL AUTHORITY)

BANK OF AMERICA
231 NORTH LaSALLE STREET
CHICAGO, ILLINOIS, USA 60697-0000

THE UNDERSIGNED CORPORATION, BY LEE E. WANTA, ITS PRESIDENT, PURSUANT TO THE RESOLUTIONS, A COPY OF WHICH AUTHORIZES YOU TO OPEN AN ACCOUNT IN THE NAME OF THE SAID CORPORATION, AND THE UNDERSIGNED REPRESENTS [sic] THAT NO ONE OTHER THAN THE UNDERSIGNED HAS ANY INTEREST IN SUCH ACCOUNT. THIS AUTHORIZATION SHALL CONTINUE IN FORCE UNTIL REVOKED BY THE UNDERSIGNED CORPORATION BY A WRITTEN NOTICE, ADDRESSED TO YOU AND DELIVERED AT YOUR OFFICE IN CHICAGO, ILLINOIS, USA.

BY THIS DOCUMENT, WE, MARVELOUS INVESTMENTS LIMITED, AUTHORIZES [sic] THE BELOW-MENTIONED PERSON TO OPEN SAID BANK OF AMERICA-CHICAGO ACCOUNT IN FAVOUR OF SAID CORPORATION:

MR THOMAS G. HENEGHAN
2405 FREY AVENUE
VENICE, CALIFORNIA, USA
TELEFON [sic]: 310 305 9606

CALIFORNIA DRIVER’S LICENSE – C-204-6914, EXP: 3.17.04

Dated: ……………

YOURS VERY TRULY
MARVELOUS INVESTMENTS LIMITED
BY: LEE E. WANTA, PRESIDENT.(4)

THOMAS HENEGHAN CHARGED WITH OPENING WANTA BANK ACCOUNT
Thomas G. Heneghan, well known for his vituperative Internet attacks on every evil affecting America under the sun, for his hatred of the British and support of France, and for his complaints about the abuses perpetrated by the Clintons, Eva Teleki and others [see below] with Marvelous Investments Limited, is thus exposed as the operative who was charged by Wanta, according to this document, with opening Marvelous Investments Limited’s bank account with the Bank of America, Chicago – the centre of financial intrigue and Fraudulent Finance operations presided over by George H. W. D. V. D. Bush Sr., the Clintons and the Mossad operative, Rahm Emanuel.

• William Jefferson Rockefeller Clinton had lunch with CIA-‘President’ Barack Obama-Soetoro on 14th September at Il Mulino restaurant before delivering his lecture admonishing the hardened Wall Street executives responsible for facilitating the Fraudulent Finance operations exploited by the Clintons. Their lukewarm applause was almost inaudible.

Just for the record, we hold a copy document carrying an imprinted facsimile date of 6th December 1998 headed: Page 1 of a ‘Certified copy of certain resolutions adopted by the Board of Directors [of Marvelous Investments Limited] whereby the establishment and maintenance of Security Cash Accounts have been authorized’, which reads in part:

RESOLVED:…THAT THE PRESIDENT OF THE TREASURER OF THIS CORPORATION BE AND THEY ARE, AND EACH OF THEM HEREBY IS AUTHORIZED AND EMPOWERED, FOR AND ON BEHALF OF MARVELOUS INVESTMENTS LIMITED (HEREIN CALLED THE CORPORATION), TO ESTABLISH AND MAINTAIN ONE OR MORE ACCOUNTS WITH:

BANK OF AMERICA
231 NORTH LaSALLE AVENUE
CHICAGO, ILLINOIS, USA 60697-0000

REF: FOREX DIVISION
LOS ANGELES OFFICE
MR JOHN CABREA
1.800.828.6000 (5)

THE $5.0 BILLION LAUNDERING OPERATION
In 1999, Marvelous Investments Limited and Parkhead Financial, Inc., both owned by Wanta, ‘corporately authorized USD Five Billion for the USA Hurricane Evacuation and Recovery Operations from Florida, Alabama, Mississippi, Louisiana and onward to Texas and north from Mobile/Alabama Gulf Coast Toll Road to Huntsville’.

‘This fully funded private construction project/programme was authorized by the State of Alabama under House Joint Resolution, Secretary of State, Bill Number: 93-399, State of Alabama Governor’s Office, consisting of four (4) expandable traffic lanes, with double-track railroad lines, underground freshwater pipeline, electrical systems, gas/oil pipeline, fiber-optic communication trunk lines, lodgings, medical facilities, and much more as outlined in the overall MIL/design and planning ; commencing in 1999 with full private sector funding solely by “Marvelous Investments Limited’ through their lawful ownership and management of Parkhead Financial, Inc., with lawful repatriation corporate MIL/AmeriTrust/New Republic etc repatriation assets’ (6) .

This information is extracted from an email from Wanta dated 14th September 2005 timed at 7:57pm to US Senator Bill Frist, to which were attached related emails addressed to President Clinton, Al Gore, and the US Treasury Secretary du jour, Robert E. Rubin.

Within this overall project, the 22-mile Camino Columbia Tollroad at Laredo, Texas, was to have been constructed by business interests owned by George Bush Sr.

THE $5.0 BILLION WERE STOLEN FROM DELMARVA TIMBER TRUST
The email – headed ‘Amabama Toll Facilities Inc. ATFI, Parkhead Financial, Inc of Alabama 1999, Five Billion’ – falsely implied that the $5.0 billion in question had been derived from monies repatriated from one or more of Wanta’s innumerable Reagan Executive Order 12333 external bank accounts which we listed earlier. Specifically, as indicated above, the text asserts that the project was to start up in 1999 ‘with full private sector funding solely by Marvelous Investments Limited through their lawful ownership and management of Parkhead Financial, Inc., with lawful repatriation corporate MIL/AmeriTrust/New Republic, etc. repatriation assets’.

Given Wanta’s repetition here of the unnecessary adjective ‘lawful’ – which should be taken for granted and therefore does not need to be employed – it is clear that this language obfuscated a deception. Indeed whenever he uses such language as ‘lawful’, that is the case: he seems to think that by pleading that the crime he is covering up is ‘lawful’, it is miraculously ‘legitimised’.

• We submit that the high-flown semi-technical language that Wanta uses, like the foregoing, may be typically invented by Mr Wanta to create the illusion that a realistic and formidable project is intended, but that its real purpose is to create a virtual (perhaps even semi-practical) project, so that the targeted funding is freed in order for the Crime Syndicate working for Germany to steal it.

And sure enough, in reality, the $5.0 billion was STOLEN on Wanta’s authority on behalf of the Crime Syndicate from funds owned by Delmarva Timber Trust held in Bank Rafidain sub-accounts with Bank of New York, London. The project outlined above therefore never got off the ground.

A DEVIOUS, SUBVERSIVE ‘BIRD DOG’ FOR GEORGE BUSH SR.
This further example, one of many that could be cited, illustrates two important points:

• First, as confirmed above, Wanta is NEVER to be trusted, as the Editor has found out to his cost. He exhibits the identical fault of Esau/Edom which is Godfather Bush’s speciality: everyone, without exception, is a legitimate target for deception, and the concept of loyalty is not recognised.

• Secondly, Wanta was, and remains, an active or ‘used’ ‘Bird Dog’ working for George H. W. D. V. D. Bush Sr., the head of pan-German long-range ‘Black’ strategic intelligence (Abwehr), and the most ruthless criminal finance operative alive in the world today.

The email ended with language which the Editor and others now recognise to represent cynically spurious ‘humanitarian’ and pseudo-religious verbiage, and a false craving for the Rule of Law, designed falsely to imply benevolent intent and to obfuscate the underlying deception of the day:

‘Just a sad thought that – just maybe – American lives taken by Hurricane Katrina would be less – and our national economy may have been strengthened by these corporately funded activities – without the current safety, medical and financial hardships to our valued American Citizens and invited foreign guests’.

‘I remain with deep sadness, but hopeful for their survival and reconstruction, and maybe NOW the original Hurricane Routes can be implemented before I die with heavy heart and old age, facilitated by others that remain unknown and not caring for our American Rule of Law, inter alia’.

‘May Our Lord Bless our departing souls… and Our Great Nation’.

Of course, the reality is that these cynics couldn’t care less how many people are disadvantaged or die in any disaster, given that the deaths and injuries inflicted by the disasters they generate are cynically viewed as ‘collateral damage’. Granted, these people are ALL double-minded, as we have explained in the past – which essentially means they are wayward schizophrenics. But they are not so schizophrenic as to be inclined to pay attention to sentimental, empty pap like that. It is simply included in such correspondence as a ‘signal’ to the recipient that an operation is afoot.

PATTERN OF STEALING HURRICANE DAMAGE MONEY
So, when Clinton, Gore and Rubin saw that $5.0 billion was available to be ‘nicked’, the money was duly stolen – by the Clintons. This set the precedent for the subsequent stealing of the Hurricane Katrina money – some of which the present corrupt US Secretary of State, Mrs Hillary Rodomski Clinton, tried to retrieve when she visited Baghdad in May 2009 ostensibly to hold a ‘town meeting’ but in reality to try to ‘repatriate’ (i.e., grab) the Katrina funds that the Clintons stole and hid in the ‘inaccessible’ Iraqi banking system. As we have reported, she was greeted on that occasion by the hot, clammy hand of a US Gold Badge who exclaimed: ‘GOTCHA’, or whatever more colourful language the operative considered appropriate in the circumstances.

• FACT: Vice President Biden paid an unnanounced visit to Baghdad on 15th September.

So far, we have itemised three KNOWN THEFTS of funds by, and authorised by, Leo/Lee E. Wanta – the two ‘small’ amounts of $35,000 belonging to the Editor of this service and the further $25,000 belonging to another party concerning which the Editor holds documentary confirmation, and now the stealing of funds owned by Delmarva Timber Trust under the pretext of vague but false assurances that the $5.0 billion had been ‘repatriated’ Leo from Wanta’s offshore accounts, themselves derived from Financial Warfare operations.

• But NO: The $5.0 billion was stolen by Wanta from Delmarva accounts.

HIS EXPERTISE IS TO ‘FACILITATE’ THE STEALING OF FUNDS [FOR BUSH SR.
What can be observed (the small thefts being proven ‘wildcard’ exceptions that simply illustrate that Wanta is a criminal, untrustworthy thief who cannot be trusted even with small amounts) is that Wanta, who indeed ‘works for’ George H. W. D. V. D. Bush Sr., FACILITATES the stealing of funds by the Bush-Clinton Crime Syndicate, of which, it transpires, Wanta is and has always been, an active component – as well as being treated, from time to time, like dirt by Godfather Bush Sr. and his associates (which is typical of these amoral and ruthless intelligence rats).

Interestingly, Wanta was at pains to inform the Editor of this service when we were in touch, that when he was being briefed by President Reagan, Vice President Bush Sr. was never in the room, and that he served President Reagan, not Bush. Reagan, as the late CIA operative Claire Sterling observed, called Wanta his ‘favourite junkyard dog’. The purpose of THIS deception was to mask the reality that Wanta worked for, and still works for, George H. W. D. V. D. Bush Sr.

PROJECTS, INITIATIVES, DELIBERATELY SET UP FOR THEFT
Another standard procedure that can also be observed here is that projects – or foreign policy initiatives, such as the aborted Clinton-era operation to bring Somalia into the modern world and to dollarise its economy – are typically developed or exploited by these organised US criminal cadres holding the highest offices, in part, WITH THE SPECIFIC OBJECTIVE of providing opportunities for operatives holding high office to steal the money allocated or earmarked to fund them.

Wanta shows a repeated pattern of delegating authority to operatives who cannot be trusted any more than he can, while purporting, by means of his false ‘do-goodism’, pseudo-caring rhetoric and empty ‘religiosity’ to be concerned about the welfare and future of the American people and nation.

We have concluded (and demonstrate further below) that this stance is wholly spurious – part of Wanta’s elaborate duplicitous deception behavioural equipment – and is designed to mask the underlying reality that a theft or other criminal financial diversion is or has been in process.

‘SORRY I’M LATE. BEEN DOING MY DEVOTIONS’
The Editor recalls an occasion in 2005 when, visiting Wanta in Wisconsin, Wanta arrived very late for his appointment at the hotel. When entering the Editor’s hotel room, he immediately proffered a tattered ‘devotion sheet’ to the Editor containing prayers to the Virgin Mary. His excuse for being late was that he had been detained by his ‘devotions’.

However by that time, the Editor had sent him a copy of The New Underworld Order wherein, in the extensive chapter headed ‘Angels of Light’, he had completely debunked and demolished the false religion of Rome, based on the Editor’s detailed knowledge of Scripture given that he is now in his eleventh year of reading the complete King James version of the Bible every year.

If Wanta were genuine, and had done his homework, he would have been aware that presenting the Editor with a tattered sheet of prayers by rote to the Virgin Mary would not impress. One might as well address one’s prayers to a lamp post. There is only one intercessor for all of us, namely Jesus Christ. Obviously, the CIA profile of the Editor as someone who is impressed by religiosity, urgently needs revision. As for Leo/Lee Wanta’s excuse for being late on that occasion, he could have postponed his ‘devotions’ until after the meeting.

LAUNDERING OPERATION CONVERTED TO STEALING OPPORTUNITY
Another pattern of this snake-like behaviour observable from any forensic examination of these financial crimes perpetrated by the avaricious US Intelligence Power and its parasitical Bush Crime Syndicate mob, is the conversion of a project set up for money-laundering purposes, into a cover for the stealing of the funds that were to be laundered.

Another such ‘project’ which served as a cover for the stealing of the same $5.0 billion from the Delmarva Timber Trust sub-accounts in London, which had nothing to do with Wanta at all, was Alabama Toll Facilities, Inc. (ATFI), an Alabama ‘Non-profit’ Corporation formed back in May 1993, ostensibly for the purpose of developing the Huntsville to Alabama Coast Toll Road, the East-West Tollway Corridor, and a connection to the Georgia Tollway System and a Tennessee Bridge.

HUGE CONSTRUCTION PROJECTS: COVER FOR PREPLANNED THEFT
This is or was connected to the huge Bush Sr.-promoted Trans-Texas Corridor project, which the Austin Business Journal reported on 6th January 2009 has been scrapped in its originally form, and chopped up into segments. Specifically, the Texas Department of Transportation had reported that the original plans for a North-South corridor of up to about 1,200 feet in width had been dropped in response to ‘citizen input’; and that, instead, ‘major corridor projects will now be comprised of several small segments closer to 600 feet wide, no longer called the Trans-Texas Corridor’.

The original project – one of a number of colossal transportation projects sponsored by ‘One World’ fanatics globally, including a similar road project in Africa, and North-South and East-West Corridors planned for Iran, Russia, Pakistan and Afghanistan – was connected to the Bush head of the criminal Octopus, using a Spanish contractor, no doubt as an ongoing money-laundering mechanism for the extraction of Bush-lined drug money from Spain.

In a letter to Treasury Secretary Robert E. Rubin (of which we hold a faxed copy with a facsimile notation dated 4th September 2005 – although of course the letter referenced the Clinton era much earlier) – Wanta, ‘working for’ Bush Sr. and writing as the President of Parkhead Financial Inc., tells Robert Rubin that ‘development of this project will be accomplished through the employment of the contract developer – Marvelous Investments Limited – to arrange the US dollar corporate funding, design, development and construction; as we have taken the necessary Alabama Corporate legal steps to purchase ATFI holdings. It is anticipated that completion of construction of the privately funded North-South corridor project will take approximately ten (10) years [to complete], and is to be accomplished in five (5) phases’.

‘Operations will consist of operating the toll road, including maintenance and security and developing land leases with other firms to develop and operate the ancillary projects. As construction of each phase is completed – that phase will be handed over to the operations organization and will be opened for public use’.

The letter from Wanta to Rubin then referenced bonds to finance this operation, worth $2.5 billion, which were never issued because the $5.0 billion was stolen by the Clintons (see above) with the assistance of the bribed Governor of Alabama du jour, who wound up in jail for his pains.

• The Clintons stole the $5.0 billion with the assistance of the corrupt CIA Attorney Jan Morton Heger, and the Hungarian STASI operative Eva Teleki, who had obtained Power of Attorney over Marvelous Investments Limited from Wanta when he was in jail in Oklahoma.

‘MARVELOUS INVESTMENTS’ EXISTED BEFORE IT WAS FORMED
Obviously, the more one examines the paper trails of these endless criminal finance operations, the more that the slitherings of the serpent become apparent. We have seen that, according to the signed authority of William Francis Galvin, Secretary of the Commonwealth of Massachusetts of the day, dated the 6th November 1998, Marvelous Investments Limited was incorporated in that State effective 3rd November of that year.

But on 17th July 1998, Jan Morton Heger, signing himself Attorney At law, Director and Secretary, Marvelous Investments Limited [which was not supposed to have existed prior to 3rd November 2008], wrote to Mr Dit Berault, Finance Specialist, Bank of America, by fax to: 213-345 6631 on another subject which for convenience is ‘reached’ by citing this letter in full:

RE: $150,000,000.00 Bank Guarantee:
Philippine National Bank:

Dear Dit

Please be advised that I hold the above named original guarantee which arrived by Fedex to my office a copy of which is faxed herewith. The Law Offices of J. Morton Heger IFO Marvelous Investments Limited is [sic] the current beneficiary by assignment which is also faxed.

In addition I have in my possession a faxed copy of the Bank Telex to the Law Offices J Morton Heger’s Trust Account verifying and authenticating the Bank Guarantee, a copy of which is also faxed herewith. Please verify to this office that in fact this was received by Bank of America and inform me when I should expect to be advised appropriately.

Please provide to me your copy of the Telex. Thank you for your anticipated cooperation.

JAN MORTON HEGER
Attorney At Law
Director and Secretary
Marvelous Investments Limited

Cc: Ambassador Lee Wanta
Marvelous Investments Limited, Giovanni Ferro E.V.P. (7)

HEGER MAKES HIMSELF BENEFICIARY-TRUSTEE OF ‘MARVELOUS INVESTMENTS’
Thus by July 1998, Jan Morton Heger was the BENEFICIARY ‘by assignment’ of the entire assets of Marvelous Investments Limited (even though the Massachusetts manifestation of the corporation did not yet exist). Yet in March 2006, after the Editor of this service – having examined, compiled and published a comprehensive list of the banks referenced in the voluminous L. E. Wanta-related correspondence and documentation that we hold on file, and having noticed that one of the banks in question was Lloyds Bank, Aylesbury, a mere eight miles from the Editor’s private residence – was granted an ‘information gathering only’ (at the Editor’s specific request) Power of Attorney drafted by Attorney Steven Goodwin authorising him to visit Lloyds Bank Aylesbury to enquire about the status of various Wanta bank accounts, including an account or accounts held there in the name of Marvelous Investments Limited.

The Editor was greeted on that occasion (in April 2006) by the Branch Manager and two assistants. At the meeting, the Manager agreed to make enquiries on the basis of the Power of Attorney. When he returned, after a prolonged delay during which time he probably telephoned the International Department in the Isle of Man, the Manager determined that he could not comply at all, since the accounts were held in the name of Jan Morton Heger.

• But Wanta, as indicated by the foregoing letter, knew this all along.

• For Marvelous Investments Limited had long since been hijacked by Jan Morton Heger, the STASI (DVD) operative Eva Teleki, and the CIA operative Mrs Hillary Rodomski Clinton.

HUGE SUMS OF MONEY STOLEN FROM THE PHILIPPINES
As for the substance of the foregoing letter, we understand that this $150 million was part of a much larger amount held in the Philippine National Bank, which had in fact already been removed by illicit means. The $150 million was to have been hypothecated offshore by the Crime Syndicate.

Lurking in this corrupted woodwork were the following notorious characters: Wanta, who works for Bush Sr.; George H. W. D. V. D. Bush Sr. himself; the late President Ronald Reagan; the former late President Marcos of The Philippines, who resisted the corrupt US Intelligence Power’s avaricious operations to relieve The Philippines of as much of General Yamashita’s hidden gold as could be removed from the holes in which the gold was secretly hoarded there, and was overthrown and exiled to Hawaii for his pains; CIA Attorney Jan Morton Heger; Rahm Emanuel, who was involved in the illicit stealing of the assets of the Children’s Defense Fund chaired by Hillary Clinton, guarded by Vincent Foster, who was murdered in 1995 to remove him from the scene so that the Children’s Defense Fund assets could be stolen; Robert E. Rubin, who later functioned as guardian of the Clintons’ ill-gotten gains held at ‘offshore’ accounts with Citibank, New York City; Eva Teleki, the STASI agent (DVD operative), working for Bush Sr.; the Austrian, Gerald Salchert; a corrupt and subsequently jailed Governor of Alabama; Gwendolyn Waymark (Bush Sr. operative) and Tom Heneghan, who has since specialised in wild ‘attack is the best form of defence’ operations.

‘HE’S DECEIVED EVERYBODY. SO WHAT ELSE IS NEW?’
Such investigations – illustrating that Wanta is indeed a crook and ‘works for’ Bush Sr. – could be described ad nauseam; but we must press forward to current developments.

The Editor was very surprised, after having been deceived by Wanta, that he did not subsequently suffer, metaphorically speaking, four million tongues sticking out at him (the Editor), plus endless finger-wagging and ‘told you so’ abuse arising from his earlier support for Wanta.

During that period, Wanta was in the habit of issuing instructions to the Editor – a fact that we can of course substantiate by exposure of facsimile cover sheets and other documents addressed by Wanta for the Editor’s urgent attention and implementation. Wanta gained the use of our platform and exploited this privilege ruthlessly.

We have been told that the reason that no-one at all said ‘told you so’, was that Wanta, and his like, especially the Bush-Clinton Crime Syndicate and their collaborators, deceive EVERYONE ALL THE TIME. So what’s new? However what IS new is that it is plainly this Editor’s responsibility to WARN all concerned who might be considering making use of Mr Wanta in connection with ANY financial operation, that he has this reputation for stealing, robbing, double-crossing and always deceiving everyone he deals with, just like Godfather Bush. Mark Rich (real name: Hans Brand) is another operative who double-crosses and deceives EVERYBODY. There are no exceptions.

RECENT EMAILS TO THE EDITOR FROM WANTA
With the loss of our platform, Leo/Lee Wanta has been using other means to proliferate his facile deceptions. We refer now to one particular activity which we have not referenced to date, and which is overripe for exposure. We will approach this subject by listing the irrelevant emails from Wanta that the Editor found on his New York email address on arriving in the City on 11th September 2009. Here they are, with the subject-matter shown, in reverse date order:

• 12 September 2009: Mother Teresa predictions
• 11 September 2009: Mayim Medley, Texas
• 09 September 2009: Tennessee Football
• 08 September 2009: Attitude is everything
• 07 September 2009: Psalm 23
• 07 September 2009: How high will corruption go?
• 05 September 2009: Prayer
• 03 September 2009: Federal Reserve System
• 02 September 2009: Prayer and inspiration
• 31 August 2009: Please RSVP
• 29 August 2009: This they understand
• 26 August 2009: Good morning
• 25 August 2009: Judge orders Fed to…
• 24 August 2009: US Department of…
• 20 August 2009: I did it my way
• 19 August 2009: I’m honored to…
• 18 August 2009: Change your…
• 17 August 2009: Phone on the wall
• 13 August 2009: Please take a moment
• 13 August 2009: Inner peace
• 13 August 2009: Surprise to NBC in March
• 09 August 2009: Making it ‘thro ’09
• 09 August 2009: 9/09.2009 9.01 am
• 09 August 2009: This is so beautiful
• 09 August 2009: I’ll never look at a…
• 09 August 2009: Chain saw thing (8)

Earlier Wanta emails to the Editor ranged from elementary-level ‘Scripture Lessons’, to a naïve celebration of Memorial Day and an article about death.

[AFTER posting the above, the Editor received one further email from Wanta, and this was referenced with a pointed add-on commentary, as follows]:

We include this here for the sake of completeness, before proceeding:

• ANOTHER EMAIL FROM WANTA: In the report below, the Editor lists all the superfluous emails received by him from Wanta between early August and 12th September 2009, stating that the last one received was dated the 12th, which was then true. However a further email surfaced later. Ostensibly provenanced from the fake, virtual ‘Principality of Snake Hill Central Bank: Office of the Chairman’, with the Baulkham Hills, NSW, Australia, pseudo-address, ‘TELEFON’ spelt in German and sporting a Washington, DC (202) phone number when in fact Wanta is located in California at the moment, this email engages, as usual, in ‘flag-wrapping’ [see below], only with very sinister, ‘Black’, overtones. Specifically, the email celebrates the new US Navy warship USS New York, BUILT FROM 24 TONS OF SCRAP STEEL FROM THE WORLD TRADE CENTER.

The scrap steel from the buildings in which 3000 PEOPLE WERE MURDERED IN COLD BLOOD by these criminals, and used for this new weapon of war (= DEATH), was reportedly melted down at a foundry in Amite, Louisiana. Wanta’s email to the Editor celebrates this ‘achievement’ as something to be immensely proud of, highlighting the USS New York’s motto ‘Never Forget’, and rewriting a Beatitude for good measure: ‘Blessed are those who have one hand held by God and the other held by a friend’. One wonders why he doesn’t use all this DEAD time to rewrite the Bible, which very clearly he has never read. Anyway, as you will see below, this email kills two Wanta deception cover birds with one stone: (1) The story line entails a ‘wrapped in the American flag’ dimension; and (2) It embraces the usual element of ‘Godbothering’, with a Beatitude authored by Leo Wanta.

Memorandum to this inveterate deceiver: Your lies and cover deceptions have been exposed. You need to get yourself some ‘replacement cover’. As for your cynical praise for this newest weapon of war constructed out of the scrap steel from the US buildings that were destroyed on 9/11, which you knew about IN ADVANCE, your cynical celebration of DEATH by this means lets everyone know on whose side you operate. When the DVD connection becomes even more common knowledge than is the case already, this celebration of DVDEATH will be seen for the despicable message it is.

• These emails all purported to be sent to the Editor from the following coordinates:

Ambassador lee Emil Wanta
The Principality of Snake Hill Central Bank
Office of the Chairman
P.O. Box No. 488, Baulkham Hills
New South Wales 2153, Australia
Telefon: 202 379 2904 ext 001

[As previously noted, the English for Telephone is Telephone, not Telefon].

THE ‘PRINCIPALITY OF SNAKE HILL’ DECEPTION
The Principality of Snake Hill’ is a wholly spurious, fraudulent, poorly executed, tatty CIA virtual intelligence operation backed by a few stray ‘real’ background ‘facts’, which the perpetrators of this scamming programme, being amateurs in publicity matters, may at one time have assumed would be enough to give the operation credibility.

It is one of numerous fraudulent virtual or semi-actual ‘microstates’ worldwide representing yet another devious dimension of the World Revolution, which is designed to undermine the integrity of the nation state based on the ‘corporate’ principle of false duality which is the same principle as is used to perpetrate the ‘dual personality’ ‘corporate’ frauds that underlie officially supported clandestine revolutionary operations in the United States, Britain and Europe.

PURPOSE OF THE ‘SNAKE HILL’ OPERATION: TO STEAL MONEY
This fake Principality of Snake Hill, which of course is not recognised by the Australian or by any other Government, is ’located’ close to Mudgee, northwest of Sydney. Please stay with us, because we will demonstrate that, as usual, this is a ‘corporate’ operation that exists solely for the purpose of stealing and diverting money.

One of the most disturbing dimensions of this deception is an imprecise indication of British Royal connections. These are tentative and spurious, but at the same time, the whole operation reeks of yet another scam perpetrated by US criminal intelligence, with possible rogue MI-6 input, against the British Monarchical Power, which is meticulous in its respect for the constitutional status and integrity of the established political sovereignty of all countries belonging to the Commonwealth, and especially of the great Dominions.

C.I.A. TREATS AUSTRALIA AS ITS OWN FIEFDOM
As previously mentioned, the criminalised US Intelligence Power (CIA) treats Australia as its own territory, figuring that the Australians are too besotted by ‘sport’ to know what has hit them. It is most certainly behind the campaign to replace the Monarchy in Australia with an endless parade of corrupt, third-rate, easily bribable presidents.

• The CIA seeks, or sought, to establish one or more ‘hidden’ offshore centres within Australia, from where it can steal already stolen monies exfiltrated for the purpose.

• MEMORANDUM TO LOYAL AUSTRALIANS: START RECONSIDERING YOUR UNHEALTHILY CLOSE RELATIONSHIP WITH THESE DUPLICITOUS AMERICANS AND THEIR CRIMINAL INTELLIGENCE POWER. TREAT THEM WITH YOUR FAMOUS ‘NO-NONSENSE’ APPROACH.

INCOMPETENT ‘VIRTUAL REALITY’ ‘SNAKE HILL’ WEBSITE
The website of the Principality of Snake Hill is both naïve in the extreme, and partially defunct. When you press some of the links – for instance, for the ‘Central Bank of Snake Hill’ – they don’t work: for good reason. The Central Bank of Snake Hill doesn’t exist other than as a virtual reality construct; and to the extent that it may represent that it does exist, no bank would ever deal with it.

Even though its purpose is to launder money, as it has no recognized status whatsoever. Indeed the ‘Principality of Snake Hill’ had slightly more substance a year ago, when a delegation of Bush Crime Family associates flew down to Australia drooling at this supposed opportunity to acquire tax-free status and property, than it has today, suggesting that this operation may have been closed down, or redirected, even though Wanta continues to ‘maintain’ it’s still functioning.

The naïve ‘Snake Hill’ website, which boasts a flag (sky blue on a navy blue Scandinavian cross on a white background), a motto {‘Finis Coronat Opus’ – ‘To complete the work of the Crown’ in Latin), and a fraudulent do-it-yourself coat of arms which is not recognized by the Garter King of Arms, proclaims as follows on its Home Page:

‘The Principality of Snake Hill was formed by peaceful secession from Australia on 2nd September 2003. It was necessary to secede from Australia because some of our properties and income were stolen, and the Australian and New South Wales governments did nothing to help us’.

A novel doctrine indeed! You have a dispute with the central and local governments that remains unresolved: so your township or village secedes and proclaims itself by virtual (electronic) means to be a sovereign nation state? Actually, this IS precisely what the World Revolutionary nutcases would be happy to see occur: let every dispute trigger the fragmentation of the nation state, or US States, or any other political territory.

The naïve text continues:

‘We were terrified we would lose everything’.

‘The Head of State is Prince Paul‘ [no further details – Ed.], ‘who is a very fair and democratic leader’. [Jolly good show! – Ed.].

‘Snake Hill is located close to Mudgee, which is northwest of Sydney. It is about 900 metres above sea level and is 1.6 square kilometres in size’.

‘As we are a religious state, our Constitution is based upon the Ten Commandments and other Biblical teachings’. [Problem: No Constitution text exists].

‘We have still not received any offer of compensation, restitution or reimbursement’.

The fake ‘religiosity’ line is contradicted by the symbol of ‘The Principality of Snake Hill’, which is a Crucifix around which is entangled – a serpent, representative of Satan. If it wasn’t for the sinister criminal theft intent of this operation, the naïve stupidity of what has already been divulged here would be more than enough for the subject matter to be dismissed out of hand.

There was an ‘original website’ which doesn’t function properly and a ‘second website’ which is no better and in fact breaks down altogether. The original website invites one to ‘visit the Church, University, Shop, Embassies, Bank and Post Office’ from our Links page, but as indicated only some of these links ‘work’, and the information revealed is both childish and threadbare.

APPROPRIATELY, YOU ARE GREETED BY A SNAKE
When you do manage to ‘bring something up’ (like a sorcerer) you are greeted by a SNAKE.

The ‘Shopping Centre’ (Centre spelt in British English mode) states that ‘all prices are quoted in Snake Hill Dollars as well as Euros’ – which don’t circulate in Australia: never have. ‘All businesses at Snake Hill accept Snake Hill Credit Card’. There is a list of virtual ‘goods’ and services – Snake Hill Real Estate, Handknitwear, Snake Hill Souvenirs, Snake Hill Car Rentals, Building Designers [normally referred to as ‘Architects} – Ed.) and Builders, Snake Hill Health Products, Snake Hill Boats, Snake Hill Ladieswear, Scarves and Ties, Sheets and Towels, Beads and Bangles, Timber and Hardware, Snake Hill Art Gallery, ‘Marketplace’, Snake Hill Bargain Store’ goodies.

The repeated reference to ‘Snake Hill Credit Card’ suggests a line of enquiry: are we looking at an element of actual, virtual or prospective credit card fraud (for hypothecation purposes) here?

Under ‘Snake Hill Real Estate’, a virtual map devoid of all details apart from generic virtual locations and suggestions of an airport and a ‘gas station’, is accompanied by: ‘Housing lots available now on very attractive terms. Please send email for details. Snake Hill Credit Card accepted. commercial district on long-term leases. Please send email for details. Snake Hill Credit Card accepted’ – the expectation doubtless being that there are enough terrified fools trying to hide ill-gotten gains who will ‘buy’ virtual real estate sight unseen, with or without a Snake Hill Credit Card (if it exists).

Leaving aside other web pages which proclaim the variety of ‘Snake Hill bird life’, the ‘very hilly topography with some cliffs’, the false Principality’s ‘rare stamps’ which are ‘for sale in beautifully presented display packets of 6 stamps’ (an attempt to exploit the inflatable prices obtainable from philatelists for ‘rare stamps’), we proceed to a statement that ‘the Principality’s Embassy in Australia is located at Castle Hill, which is a suburb of Sydney’ – although the separate listing of ‘Embassies’ makes no mention of any ‘Snake Hill’ Embassy to Australia.

Then we learn, all on the same flabby page:

‘It is possible for foreign nationals to apply for citizenship in the Principality of Snake Hill. Please contact us for details’. However if this is a Principality, the residents wouldn’t be ‘citizens’, they would be ‘subjects’.

‘At night the people of the Principality enjoy beautiful views of the night sky which is ideal for amateur astronomy’ [You don’t need to reside in Snake Hill to enjoy Australia’s night sky! And the prospect of ‘amateur astronomers’ flocking to ‘Snake Hill seems a far-fetched marketing gimmick].

‘Some popular activities:
Bushwalking, Bird watching, Fishing, Swimming, Enjoying the Beautiful Views’.

‘The Principality is a truly democratic nation where law and justice are upheld’ [‘Wunderbar!]

SUDDENLY, IT BECOMES ‘THE PRINCIPALITY OF NEW WALES’
After wasting time absorbing this mixed-up, fabricated, superfluous tripe, one comes a cross a ‘Links’ page, displaying the blasphemous cross and the entwined serpent again. But instead of proclaiming here that we are dealing with ‘The Principality of Snake Hill’, the name of the virtual Principality suddenly becomes: ‘The Principality of New Wales’.

• In other words, this virtual ‘microstate’ can’t make up its own mind what its name is supposed to be, due to some deception glitch or other. Lousy, slapdash tradecraft again, eh?

The ‘Links’ – to Snake Hill Church [‘Meetings are held every Sunday and alternative Wednesdays], St Expedite Independent Catholic Church [‘St Expedite’? How about ‘St Leverage, St Hyothecate or St Theft? – Ed.], Snake Hill Post Office, The Bank of Snake Hill – do not work.

LIST OF NON-EXISTENT MAKE-BELIEVE ‘SNAKE HILL’ ‘MINISTERS’
There is a sordid display of ‘Litigation that led to our secession’. After something about ‘St Paul Ottawa Global [sic!] College & University’, which states that ‘SPOGC&U is a Global University with its own Royal Charter’ [no details, natch], the only remaining light relief here is the List of Ministers in the ‘Snake Hill Parliament’.

This hilarious list consists of the following wholly make-believe ‘virtual’ characters, in order of their appearance, none of whom exist in real life [if they did, there would be more Barons and Baronesses squeezed into one square mile than anywhere on earth]:

• Prime Minister: The Right Honourable [British spelling] Sir Terence Tamba.
• Deputy Prime Minister and Minister for Finance: The Right Honourable Sir Mark Dockrey.
• Attorney-General and Minister for Foreign Affairs: The Right Honourable Sir Wayne Levick
• Minister of Immigration and Housing: The Right Honourable Sir Michael Vescio.
• Minister for Defence and Police: The Right Honourable Sir Jouni Ahola
• Minister for Permaculture and Forestry: The Right Honourable Sir Rodney Forshaw
• Minister for Ageing and Multicultural Affairs: The Right Honourable Sir Karl Hoermann
• Minister of Roads and Transport: The Right Honourable Sir Leigh Whitley
• Minister for the Arts: The Right Honourable Lady Faye [family name omitted!*]
• Minister for Education and Training: The Right Honourable Sir Norman [family name omitted!*]
• Minister for Health: The Right Honourable Lady Alexandra [family name omitted!*]
• Surgeon-General: The Right Honourable Sir R. L. Levene MD [No! MD is an Americanism!]
• Minister for Mental Health [sorely needed in this madhouse, one would have thought – Ed.]: The Right Honourable Sir B. A. Levene, Ph.D., ABPP [In the British Commonwealth, we don’t ‘DO’ the US style ‘Ph.D.; and ABPP: what does it stand for? Absolute Bunk Perpetrated Permanently? – Ed.] Board Certified in Clinical Psychology [another US usage]
• Minister for Industry, Tourism and Resources: The Right Honourable Sir Robert Scarff
• Minister for Community Services and Indigenous Affairs: The Right Honourable Sir Alan Rutland.

• In British nomenclature, you can’t have ‘Sir Norman’ or ‘Lady Faye’: It’s got to be ‘Sir Norman Snooks’ and ‘Lady Faye Garbage’, or whatever. This kind of ludicrous schoolboy howler again reveals yet more slapdash CIA deception tradecraft.

• FACT: As indicated above, none of these people exist in real life.

If you press ‘contact the Parliament’, nothing happens. Because there is no ‘Snake Hill Parliament’, brothers and sisters, and neither are there any ‘Snake Hill MPs’.

BUT: The American Ambassador to the fake, virtual ‘Principality of Snake Hill’ (no mention of ‘The Principality of New Wales’ here) and the Chairman of the fake ‘Central Bank of Snake Hill’ is listed as Lee Emil Wanta; while the fake Consul General is Mr Thomas Melville.

• The pathetic websites are full of bugs, black holes and malfunctioning links.

THE PURPOSE OF THE CRUDE WANTA EMAILS
As indicated above, Wanta was sending the Editor emails from the fake ‘Principality of Snake Hill Central Bank: Office of the Chairman’ as late as 12th September 2009. After the Editor discussed this on the open telephone line very shortly after his arrival in New York, these unwanted emails CEASED, as our telephone conversations are bugged by Fort Meade and Wanta will have received a phone call ordering him to remove Story from his garbage email list. No doubt ‘they’ realised that this nonsense was about to be exposed. What, THEN, was the purpose of those irrelevant emails?

The emails purported to ‘embed’ the crude concept of ‘The Principality of Snake Hill’ (a.k.a. ‘The Principality of New Wales’, presumably reflecting some deception twist) in the consciousness of targeted recipients who haven’t yet understood that the CIA’s ongoing ‘Operation Mockingbird’ programme to deceive the American people by controlling the ‘mainstream’ media has been vastly expanded by means of an immense Internet operation inter alia to substitute lying virtual reality for reality – the main purpose, as always, being to OBFUSCATE ONGOING, NEVER-ENDING FINANCIAL THEFT BY THE PENETRATED CRIMINAL INTELLIGENCE POWER, which is in thrall to German ‘Black’ intelligence thanks to its subservience to George H. W. D. V. D. Bush.

• Langley is not entitled ‘The George Bush Center for Intelligence’ BY ACCIDENT, you know.

‘WRAPPING HIMSELF IN THE FLAG’ FOR DECEPTION PURPOSES
While promoting the ‘Snake Hill’ fabrication, Wanta also uses these emails to ‘wrap himself in the flag’, celebrating everything American, ‘Americana’, ‘Our Great Nation’, American football, and any other sentimental stuff he can lay his hands on, intermingled with crude ‘Scripture lessons’, chain letters promoting shallow philosophical notions, and ‘sad American stories’ – all designed to mask the fact that, as exposed below, he is in reality a rabid, long-term enemy of the United States who is and has been systematically engaged, in collaboration with Godfather Bush Sr., in ‘taking down’ the United States from within.

THE PURPOSE OF THIS WANTA/HENRY ‘PRINCIPALITY OF SNAKE HILL’ DECEPTION
The original purpose of the ‘Snake Hill’ deception was to establish a virtual entity with a virtual central bank that could be used by Wanta, on CIA/Bush Sr.’s instructions, to alienate the $4.5 trillion to Australia, so that the CIA/Bush Sr. could get their hands on the money.

Given the decay and lack of attention that has been paid to these two successive malfunctioning ‘Snake Hill’ websites (2003 and 2007), the likelihood is that this operation may have been essentially closed down – although this is contradicted by the evidence of the emails bearing the spurious ‘Snake Hill’ address which the Editor was receiving as late as 12th September 2009. It is possible that this deceit has outlived its usefulness but that Mr Wanta hasn’t been informed; or there may be some other equally nutty explanation.

• Another possibility is that the websites have been deliberately allowed to decay and malfunction, but that the virtual infrastructure for the intended diversion of funds remains intact. In that case, the purpose of the malfunctioning websites would be to throw the likes of US off the scent.

WHAT WE KNOW ABOUT THE BEHAVIOUR OF THESE SNAKES
Whatever the truth of the matter, the substitution of poorly executed virtual reality ops. for reality, leads the observer Through the Looking Glass (as is intended) and back again, and not much the wiser. Except that:

• We KNOW (because we know both Wanta and Melville) that this scamming operation is/was intended to facilitate a gigantic theft.

• We KNOW that ‘micronations’ are promoted through the United Nations and that ‘passports’ for ‘The Principality of Snake Hill’ have been issued. We understand that anyone entering Australia on a ‘Snake Hill’ (thus fraudulent) passport will, at the very least, be detained and required to obtain an Australian visa. He may be deported.

• We KNOW that the degree of cunning and arrogance displayed by these snakes is matched only by their inherent blindness to their own stupidity and by their poor execution and tradecraft, their pathological lying and inability to discern when their lies have idiocy associated with this lying which deceives them into assuming that they will always get away with their deceptions.

• We KNOW that these endless lies are ALWAYS associated with MONETARY THEFT. If you can somehow imagine what it is like to have stolen, or to have been an accomplice in stealing, funds belonging to others, you may be able to understand why these people continue with their lies and stupid games. Because, having committed or aided and abetted financial theft, they cannot turn back and are ‘locked into’ their own web of deceit. Wanta recycles the adjective ‘lawful’ for a reason: to cover up the fact that what he is addressing is or was UNLAWFUL.

• Since Wanta professes to be a Catholic, if not a Christian (the two being mutually exclusive in practice), he should be informed enough to be in a position to reflect that Christ condemned ALL LIARS, indicating that if they don’t repent, they face ETERNAL DAMNATION. This reveals that his ‘in-your-face’ religiosity is, like his fake ‘Americana’, just part of his cynical deception cover act.

MICRONATIONS AND HERITAGE SITES VS. THE NATION STATE
The ‘micronations’ operation serves the same purpose as the parallel plague of ‘Heritage Sites’. Naïve observers are pleased when, say, Durham Cathedral is ‘selected’ for UN Heritage Site status. What they don’t realise is that this is a deliberate, surreptitious, incremental strategy to pepper nation states with holes. All of a sudden, we will wake up to discover that swathes of national real estate are not national, but international, territory.

The same applies to these ‘micronations’. They are wholly illegitimate and spurious, are not recognised by any real nation state (although some are ‘registered’ with the subversive, globalist United Nations) and are designed precisely to pepper nation states with holes – that is to say, like every other dimension of the World Revolution, to destroy the nation state and property.

RE-EXPORTED AMERICAN FINANCIAL CORRUPTION
The revelations of this appalling financial corruption, exported by the decadent US Intelligence Power which has long since seized control of the Federal Government and the White House, have shocked the whole world, making all of us feel ‘dirty’ and ashamed of what these evil Americans and their stupid foreign associates have done to us. Given the reduction of cash money these days to electronic pulses, the scale of corruption exceeds all previous outbreaks of this scourge down the ages. So the fact that corruption is nothing new cannot legitimately be deployed, as some people do, to excuse what is going on at the highest levels today.

The complacent ‘cop-out’ view that ‘human nature has always been corrupt’, while accurate, is no excuse for sitting back and putting up with this dreadful state of affairs, which is much worse than ever before, because it is being perpetrated on such a colossal scale.

On the contrary, these and other exposures have severely wounded the odious, grasping and universally despised creatures who lord it over us, and who, in their arrogance, presumed that given their power, they could continue indefinitely to ransack the property of others in order to satisfy their repulsive avarice and to do as they liked – the mentality of George H. W. D.V.D. Bush Sr., the Clintons, and their associates, including Leo/Lee Wanta, who, given that he ‘works for’ Bush Sr., aids and abets their filthy, repetitive stealing operations.

SUCH CORRUPTION IS NOTHING NEW, BUT THAT’S NO EXCUSE
In the Middle Ages and earlier, the votes of Cardinals meeting in Conclave ostensibly to elect a new Pope were bought and sold like fish in a haddock market, while money flowed to Rome from all over Europe to back favoured candidates. Pope Alexander VI [1492-1503], also known as Rodrigo Borgia, bought the Papacy – another nest of historically endemic corruption, like the US Presidency today – with ‘villas, towns and abbeys… [and] four mule-loads of silver [transferred] to his greatest rival, Cardinal Sforza, to induce him to step down’.

• As one nineteenth century historian pointed out, “Few papal elections, if any, have been other than simoniacal [bought off for money]… The invention of the Sacred College [of cardinals] has been, on the whole, perhaps the most fertile source of corruption in the Catholic Church. Many cardinals went to Rome for the Conclave with their bankers’(10).

Nothing has changed over the centuries. Today, we have the recent example of an attempt to entice Michael C. Cottrell to collaborate in a scheme to pay Senator Charles Schumer on the basis of a letter signed by Wanta, a bribe for manoeuvring payment to Wanta – perhaps so that, inter alia, the $1.575 trillion tax payable on the notorious $4.5 trillion could be siphoned off, bypassing the US Treasury [not to be confused, in accordance with the revolutionary duplication methodology, with the Department of the Treasury]. This has been but one of innumerable schemes to procure the transfer of payable funds into the hands of George Bush Sr.

‘THE RULE OF LAW DOESN’T APPLY TO US’
For instance, while Wanta and Cottrell were staying (at Mr Cottrell’s huge expense – about $14,000 – to which Wanta contributed nothing) in hotels in Alexandria and on Staten Island in October and November 2007 [see Archive], Wanta was telling Mr Cottrell that it was not necessary for them to adhere to the Rule of Law as they would, once payment had been made, both be effectively ‘above the law’, and that the funds should be EXPORTED OFFSHORE.

It was when Mr Cottrell told Mr Wanta in no uncertain terms that he would have nothing to do with any such behaviour, that Wanta, in the treacherous, loyalty-free manner of Esau/Edom, went behind his back (a process he had started earlier) – making surreptitious phone calls in the hotel lobby, rather than from the hotel room, to Cheney, George Bush Sr. and others, seeking a way round the impediments placed in the way of their intended financial illegalities, by Michael C. Cottrell.

Yet Wanta had represented to the Editor of this service, and before the Alexandria Court on 19th October 2007, that he had applied himself to the task of repatriating the funds from the Executive Order 12333 offshore accounts – a task in which the Editor, equipped with his limited ‘information only’ Power of Attorney, had assisted Wanta when he had visited Lloyds Bank, Aylesbury, in April 2006 only to find that the Wanta corporate accounts had been transferred by, and into the name of, his corrupt CIA operative-Attorney, Jan Morton Heger, which Wanta knew all along. [see above].

CHINESE AND SWISS DENY THAT WANTA SHOULD EVER BE PAID
Unsurprisingly, given Wanta’s record of endless duplicity, theft and unreliability, we are informed that the Chinese authorities, the Swiss enforcers and their instructors, and, we also presume, the British Monarchical Power (still understandably smarting after the stealing or diversion of The Queen’s gold on 29th-30th March 2007 – an operation in which, we are now advised, Wanta was involved) are with one accord insisting that Mr Wanta is to be paid NOTHING AT ALL.

A FINANCIAL TERRORIST BENT ON AMERICA’S DESTRUCTION
In the view of VERY senior US intelligence sources who understand the gravity of this crisis, Wanta is a grievous ‘enemy within’ – a Financial Terrorist who, while falsely purporting to epitomise the image of a diehard American patriot, is in fact criminally engaged in facilitating, aiding and abetting the destruction of America by endlessly conspiring to divert, block and manipulate the Settlements.

His trail of empty email rhetoric, draping himself in the American flag and waffling about ‘Our Great Nation’, publicising Memorial Day or whatever, and issuing sentimental tracts on naïve ‘Americana’, is a ruse and a deception to mask the reality that this man is in fact a vicious enemy of the United States, bent on its total destruction in collaboration with America’s most dangerous enemy of all: George H. W. D. V. D. Bush.

After all, Wanta was dismissed by the British Monarchical Power in 2008, as soon as that authority understood that he could not be trusted – which is why the key Line Item was inserted in the Basel Payee List. It specifies that the relevant finance is to be made available to the only world-class financial expert in the frame who can be trusted – Michael C. Cottrell, B.A., M.S. – for the purpose of financing the transparent, on-the-books, fully taxable Dollar Refunding Programme, to be operated out of London where the US criminal operatives cannot get their hands on the money.

• Notes and references to the PRESENT report dated 17th November 2009. These references appear in the text that PRECEDES the repeated Wanta Snake Hill exposure report:

(1): ‘Thinking Anew – Security Priorities for the Next Administration: Proceedings of the HSPI Presidential Transition Task Force, April 2008-January 2009; The George Washington University Homeland Security Policy Institute, 2300 Eye Street , NW, Suite 721, Washington DC 20037, USA: www.homelandsecurity.gwu.edu.

(2): Journalists, especially investigative journalists, enjoy a partial ‘dispensation’ in connection with their work, which necessitates reporting responsibly in the context of the ‘sanctity of free speech’. This freedom does not authorise journalists to make statements that they know to be untrue, but allows for the unavoidable leeway for error that can arise in any dynamic situation, most especially an environment characterised, as in the prevailing context, by wall-to-wall deception, diversionary lines of ‘enquiry’ and lies perpetrated by intelligence operatives who consider themselves to be ‘covered’ by the National Security Act et seq., and authorised to deceive.

(3): An authoritative, scientifically knowledgeable source, would not have written ‘apparently’ here. Evidence that this is a carefully timed, disruptive, planted ‘rumour’: an old story dredge dup to fulfil nefarious current objectives.

(4): ‘Folks’ is not a word used by British writers. Therefore, this ‘rumour’ is sourced to an American originator, making it more likely than ever that this story was planted. The website from which the cited verbiage was excerpted has a UK designation.

Notes and References to the Wanta exposure reported posted 22nd October 2009:

(1): World Reports Limited NEWS report dated 6th September 2009: Updated added 11th September 2009: see Archive.

(2): Commonwealth of Massachusetts: Certification of the formation of Marvelous Investments Limited on 3rd November 1998, by the Secretary of the Commonwealth, William Francis Galvin, dated 6th November 1998; signed by the Secretary, and sealed with the seal of the Secretary.

(3): Excerpted from the formation documents of Marvelous Investments Limited, Article VIII.

(4): Corporation Account authority document, page 1 or 2, carrying facsimile date of 6th December 1998, MIL/INTL Operations; and further facsimile details, dated 17th December 1998, held on file.

(5): Copy of page 1 of ‘Certified copy of certain resolutions…’ carrying a facsimile date of 6th December 1998, held on file.

(6): Email from Wanta to US Senator Bill Frist [senator.bill.frist@publicaster.com] dated Wednesday, September 14, 2005, 7:57pm. Held on file.

(7): Letter from Attorney Jan Morton Heger dated 17th July 1998 to Dit Berault, Bank of America: faxed copy from Jan Morton Heger to Admiral Lee Morris (Office of Naval Intelligence) released to the Editor of this service.

(8): Emails directed to the Editor of this service at his New York office email address, found on the computer on 11th September 2009. This New York email address is not used except for our Verizon connection, the ‘universal’ email address that we use being cstory@worldreports.org.

(9): [This Note referenced inserted information on the corruption in the European Union, which has been OMITTED from this reposted version. See the original repost dated 20th September 2009 for details]. Lenin and Trotsky duplicated everything – in exactly the same way that has developed in the United States and Britain. We have not yet explained this revolutionary methodology in detail. The underlying purpose of superfluous revolutionary duplication is to ensure that the ‘actives’ and criminal operatives stay permanently in control. In Lenin’s hideous Party/State, the structures of the Party and the State were replicated. Therefore, decisions taken by the State structures could be denied or neutralised by contrary decisions taken by Party structures, and vice versa.

• This principle was applied to overt ‘Socialist legality’, so that a ‘freedom’ identified in one clause of a given Article is contradicted in another – exactly the same principle as is routinely applied in the endless stream of sterile Rules and Regulations spewed out by the European Commission for rubber-stamping by the satrap Parliaments of the ‘Member States’.

(10); Dave Hunt, ‘A Woman Rides the Beast’, an exposé of the corrupt Catholic Church, Harvest House Publishers, ISBN 1-56507-199-9, 1994, pages 102-103.

(11): The New York Times, 14th September 2009, ‘Same Old Hope: This Bubble is Different’, Catherine Rampell, Business Day section, pages B1 and B6.

• This is the end of the Reposted Wanta Exposure Report. Our Announcements and texts, including Legal Data, follow. See at the foot of text for INTERNET SECURITY SOLUTION, or scroll down the catalogue.

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!

HOW TO HANDLE OUR KNOWLEDGE OF THESE EVIL PEOPLE
‘Fret not thyself because of evil-doers, neither be thou envious against the workers of iniquity.

For they shall soon be cut down like the grass, and wither as the green herb’.
Psalm 37, verses 1 and 2.

‘The wicked plotteth against the just, and gnasheth upon him with his teeth. The Lord shall laugh at him: for he seeth that his day is coming. The wicked have drawn out the sword, and have bent their bow, to cast down the poor and needy, and to slay such as be of upright conversation. Their sword shall enter into their own heart, and their bows shall be broken’. Psalm 27, verses 12-15.

‘I have seen the wicked in great power, and spreading himself like a green bay tree. Yet he passed away, and lo, he was not; yea, I sought him, but he could not be found’. Psalm 37, verses 35-36.

‘The transgressors shall be destroyed together; the end of the wicked shall be cut off. But the salvation of the righteous is of the Lord; he is their strength in the time of trouble. And the Lord shall help them, and deliver them; he shall deliver them from the wicked, and save them, because they trust in Him’. Psalm 37, verses 38-40.

JAMES THE BROTHER OF JESUS ON FINANCIAL FRAUD:
‘Go to now, ye rich men, weep and howl for your miseries that shall come upon you.

Your riches are corrupted, and your garments are motheaten.

Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by FRAUD, crieth; and the cries of them which have reaped are entered into the ears of the Lord….

Ye have lived in pleasure on the earth, and been wanton; ye have nourished your hearts, as in a day of slaughter. Ye have condemned and killed the just; and he doth not resist you’.
James, Chapter 5, verses 1-6.

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:

• “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.

ADVERTISEMENT: INTERNET SECURITY SOLUTION

NON-U.S., AND SO NON-DUPLICITOUS, INTERNET SECURITY SOLUTION CD AVAILABLE:
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 US 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 decisive non-US, and therefore non-US intelligence, 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.

WANTA: A FINANCIAL TERRORIST WORKING FROM WITHIN

cropped-chrisstory

DEVIOUS FINANCIAL CROOK EXPOSED BY THE MAN WHO BOUGHT HIS FREEDOM

Sunday 20 September 2009 16:00

• REPOSTED REPORT DATED 16TH/20TH SEPTEMBER 2009: As previously flagged, this report has now been reposted: as of 11.15 a.m. UK, 6th October 2009.

UPDATES, 9th-15th October 2009, are given below the Testimonials announcement. See the new Updates concerning Queen Melusina and Gordon Brown, and Obama reportedly being selected for the Nobel Peace Prize BEFORE he became ‘President’ of the United States, below

• Our exposure of the Irish Lisbon Referendum as fraudulent, dated 5th October, can be accessed immediately at Archive. It was expanded late on 5th October with more evidence of ballot-rigging.

• USEFUL REMINDER FOR INADVERTENT ‘USEFUL IDIOTS’ (LENIN’S DESCRIPTION):
We repeat: See: NASA Jet Propulsion Laboratory, California Institute of Technology website:
http://casper.jpl.nasa.gov: ‘CASPER (Continuous Activity Scheduling Planning Execution and Replanning) uses iterative repair to support continuous modification and updating of current working plan in light of changing operating content’. Model is applied to US Psy-Ops context.

• TESTIMONIALS: The Testimonials segment of this website has been updated to 12th October 2009. The Testimonials are shown in REVERSE DATE ORDER, going back to 1972. When printed out, they consume 84 pages of A4 paper and probably close to 100 pages of American Quarto paper.

• The Testimonials confirm the IMMENSE WORLDWIDE SUPPORT that these exposure reports enjoy, clearly indicating that the criminal officials, US intelligence operatives, office-holders and financial intermediaries who are ALL in the process of being exposed, ‘taken down’ and consumed by the consequences of their many years of free-wheeling Fraudulent Finance and worse, are headed for indictment, conviction, oblivion and perdition.

• This will also apply to their apologists and hangers-on, as will soon become evident when the wholesale unravelling of this unprecedented epidemic of criminal ops., is revealed.

• UPDATE 9th October 2009:
WE ARE NOT COMMENTING ON CURRENT DISINFORMATION AND REDIRECTION PLOYS, except to remind ‘the interested’ that there are THREE Queens on the chessboard: Queen Beatrix of the Netherlands, Her Majesty the Queen, and Queen Melusina (Mrs Hillary Rodomski Clinton).

• The latter will be visiting Dublin next week, hot foot, no doubt, to an operation called Humewood, linked to a law firm in St Catherine’s, Ontario, which has been ‘running the money’ into Ireland. This firm has been ‘visited’ very recently, according to our best special intelligence sources.

• Her Majesty The Queen, Prince Philip and the Prince of Wales are attending a Memorial Service in London today, 9th October 2009. You may draw your own conclusions. [See now below].

• UPDATE, 10th October 2009:
THE NOBEL PRIZE OPERATION: A DEVICE TO ‘LOCK IN’ LIES? A BOLT-ON HALO:
Nobel prizes provide carefully selected recipients who are doing what the controllers of the World Revolution want, with a bolt-on HALO. This enshrines the new halo-wearer with a permanent aura of sanctity, so that what he says and does for ever afterwards is definitively kosher and can never be questioned by journalists, let alone by the cowed cognoscenti. Witness the ‘Stiglitz effect’:

• The former World Bank Chief Economist, Dr Joseph Stiglitz, is never mentioned in the so-called ‘Mainstream’ press without the suffix ‘the Nobel prize-winning’ Dr Stiglitz. Why is that?

Here’s why. The sycophantic suffix suffuses Stiglitz with sanctity [say that fast, three times].

This means that whatever he says is sacred, Holy Writ. By definition a Nobel Prize-winner cannot possibly be wrong, or else he wouldn’t have been awarded a Nobel Prize, would he?

Hence, the reverse is the case: everything that Dr Stiglitz writes and says has to be accurate, understand? That means that if he lies, distorts, redirects, misinforms or otherwise ‘errs’ on purpose, his errors cannot be corrected, because a Nobel Prize-winner’s always right.

We are not suggesting that Dr Stiglitz would ever do that. But that’s the purpose of these awards.

Very clever, very crude, very sinister, very subversive, very revolutionary.

Only, by awarding Mr Obama a Peace Prize, the Nobel Committee may belatedly discover that this model no longer functions according to blueprint! Once again, Story’s Third Law applies: ‘Sooner or later, all covers and operations are blown’. We are pleased to oblige on this occasion, too.

• UPDATE, 10th October 2009:
After the Service of Commemoration in St Paul’s Cathedral, London on 9th October, alluded to above, attended by The Queen and senior members of the Royal Family, as well as Messrs Tony Blair, Gordon Brown and other representatives of the ‘Great and the Good’, a Reception was held at the Guildhall. Peter Brierley, the father of Lance Corporal Shaun Brierley, whose son was killed in Kuwait in March 2003, was invited to shake Tony Blair’s hand.

The Times describes this encounter today, 10th October, as follows:

[An unsettling encounter occurred] ‘at the reception afterwards when the father of a dead soldier refused to shake the former Prime Minister’s hand. Peter Brierley, whose son Lance Corporal Shaun Brierley was killed in an accident in Kuwait in March 2003, told Mr Blair in Guildhall:

‘I am not shaking your hand. You have got blood on it’.

Onlookers said that Mr Blair was led away looking visibly shaken’.

• UPDATE, 12th October 2009:
The Daily Telegraph and The Times today carry large colour photographs showing the senior CIA operative Queen Melusina being embraced by the British intelligence operative Mr Gordon Brown, the Prime Minister. Cameramen were prepositioned at Chequers, the UK Prime Minister’s country residence not a thousand miles from where your correspondent is located ‘as we speak’, in order to capture this tender moment for the whole world to see. The purpose of these oh-so delightful pictures? To broadcast to ‘the interested’ and to the confused that there is no problem between Her Majesty’s Government and the Obama Administration (not Government, but Administration).

However a swarm of Bluebottles on the wall at Chequers inform us that subjects discussed by the two embracees (who are roughly the same height, so ‘it went well’) included Humewood, of Dublin, the ‘visitation’ experienced by the money-running law firm at St Catherine’s Ontario, the disposition of The Queen’s stolen and diverted $6.2 trillion LOAN funds, what to do about Christopher Story, and other topics of pressing interest to the two parties. Queen Melusina, we understand, has since left for Humewood. It’s beautiful autumn weather, so her flight should have been splendid.

• OBAMA ‘SELECTED FOR NOBEL PEACE PRIZE BEFORE HE BECAME ‘PRESIDENT’:
It is reported to us by very reliable sources that Barack Hussein Obama was ‘selected’ to receive the Nobel Peace Prize BEFORE HE BECAME ‘PRESIDENT’ OF THE UNITED STATES. It is further stated to us that his Nobel Peace Prize award was ‘approved’ at the G-20 meeting in Pittsburgh.

As Obama has reportedly participated in the blocking and hampering of the necessary long-delayed financial resolutions, the ‘unexpected’ award of Obama’s BOLT-ON HALO [see above] will serve the purpose of silently ‘rehabilitating’ him so that his unspeakable activity hitherto in perpetuating the stealing and diversion of monies that were provided strictly on LOAN pro bono publico out of friendship for the United States at arms’-length by the British Monarchical Power can be ‘glossed over’ and buried under the gigantic carpet labelled ‘9/11’ where all the other abominations and culpabilities reside. Story’s Third Law: ‘Sooner or later, all covers and operations are ‘blown”.

•UPDATE, 13th October 2009:
THE BLOWING OF THE COVERS:
With the blowing of the covers of a large number of controlled Internet hacks, some of them appear to have flipped completely. However the extent to which they have flipped to date is as nothing compared to the furore which will erupt when they are finally compelled by what Lenin called ‘the unfolding of events’ to step back through the Looking-Glass to contemplate the real world and the wreckage that they have helped to cover up since 9/11. The Editor has prepared a detailed analysis of website deception operations, with a guide to how to recognise that one is being targeted by a controlled US operative, both at the virtual reality level and in ‘real life.’ This will be published in unsanitised format in the imminent issue of Global Analyst [Volume 3, #3].

Among the multiple tell-tale indications of such deceit is the fact that these people NEVER contact the target direct by telephone. The Editor has a published telephone number and very extensive coordinates. His whereabouts are never a secret. He can be contacted at any time.

• But these operatives never do so. The reason for this ‘reticence’ is that they are not engaged in promulgating truth, but rather in FABRICATION for cover-up purposes. That is why most of them are anonymous. No attention should EVER be paid to an anonymous web source, which cannot be held accountable for its prognostications, and is either engaged in comprehensive deception or in the familiar technique of intermingling truth with lies. People who pay attention to such Internet sources are what Lenin called ‘Useful Idiots’, helping the Revolution. A sanitised version of this analysis will be published on our website at an appropriate time of OUR choosing.

•UPDATE, 15th October 2009:
FURTHER BLOWING OF THE COVERS:
As reiterated above, and often previously, unprovenanced assertions by anonymous sources are without content or value, not least because the anonymous source cannot be held accountable for lies and distortions disseminated under his or her name, irrespective of the spurious rationale that may be proffered as an explanation for anonymity. Named sources of conspicuously egregious lies are usually controlled agents of influence and disinformation who are engaged in the massive US Psy-Ops operation being perpetrated against the American population to cover up theft and Ponzi operations on a scale with no historical precedent, and mass murder. See CASPER data above.

We now revert to the Wanta and Henry exposure report reposted on 20th September 2009:

• ANNOUNCEMENTS, LEGAL NOTES AND INFORMATION ABOUT INTERNET SECURITY SOLUTION, ETC ARE POSTED AT THE FOOT OF THIS REPORT. A ‘Donate’ facility has been appended at the TOP RIGHT. See the serials and books catalogues on this Home Page.

• THIS REPORT WAS SNIPPED AT THE PARAGRAPH BEGINNING:

DETAILED BACKGROUND TO THE EDITOR’S $35,000 WANTA LOAN

… to the end of the report. The Editor’s attention was drawn to this on Sunday evening EDT. The missing text removed by the NSA criminals has been restored. STUDY THE TEXT THAT WAS SNIPPED CAREFULLY to see why they did this. As previously reported, whenever they do this to us, they show their hand. It’s LOUSY TRADECRAFT, revealing their guilt and collective stupidity.

• QUESTIONS: A loan of over $10,000 has to be reported to the Internal Revenue Service. Has it been so reported? Since the Editor’s funds have been stolen, do they now have the status of a ‘gift’, albeit a ‘gift’ for which the Editor has not given his permission and which has been illegally and unilaterally converted? If so, Federal tax is payable on the money. Is the IRS doing its job?

• NEW PUBLICATIONS RELEASED IN SEPTEMBER 2009:
See the second white panel on this Home Page.

UPDATES, 23RD SEPTEMBER 2009:

(1): ‘PRINCIPALITY OF SNAKE HILL DOES NOT EXIST’: AUSTRALIAN EMBASSY, DUBLIN
On Wednesday 23rd September 2009, our Irish friend and associate, Mr Richard Sharpe, obtained independent confirmation from Ms. Brenda Farrell, of the Australian Embassy in Dublin, that ‘The Principality of Snake Hill’ does not exist, thereby reconfirming that the entire ‘Snake Hill’ operation is, as we explained in exhaustive detail below, FRAUDULENT.

• This definitively destroys the bona fides and reputations of the poseurs and serial deception operatives exposed in this report, and should terminate the destructive activities of these people once and for all. They are FINISHED. They have been CAUGHT OUT. Before the whole world.

Forwarded message
From: <richardsharpe@eircom.net>
Date: Wed, Sep 23, 2009 at 12:25 PM
Subject: Fwd: Principality of Snake Hill [SEC=UNCLASSIFIED]
To: mrrichardsharpe <mrrichardsharpe@gmail.com>

richardsharpe@eircom.net wrote:
Many thanks for your timely response.

Regards
Richard

“Austremb Dublin” <Austremb.Dublin@dfat.gov.au> wrote:

Dear Mr Sharpe,

Thank you for your email.

There is no principality in Australia.

Kind regards

Australian Embassy
Dublin
Tel: +353 (0) 1 664 5300
Fax: +353 (0) 1 678 5185

richardsharpe@eircom.net

(2): THE EDITOR REMAINS IN NEW YORK AND DID NOT ‘FLEE THE UNITED STATES’
The fantasmogorical allegation by a notorious US disinformation operative exposed in this report, that the Editor of this service fled the United States on Friday 18th September in order to escape arrest by the US Marshals Service, is inconsistent with the fact that the Editor is working ‘as we speak’ in his New York City office premises. There is no need to labour the point that, given this stupid invention, none of the dogmatic statements that this notorious disinformation operative posts can ever again command any respect. The fabrications of this and other US disinformation artists have long since destroyed their ‘credibility’, making them a laughing stock and suggesting that the CIA disinformation apparat needs to review its operations and close many of them down. Their counterintelligence tradecraft seems to have become permanently counterproductive.

A THREAT BY WANTA AGAINST THE EDITOR OF THIS SERVICE
The Editor has received the following threatening communication from Thomas E. Henry, on behalf of Mr Wanta, who is the subject of the exposure report below, published by this British Editor and publishing house on this London-based website on 16th September 2009. We have now amended the date of this exposure report to Sunday 20th September 2009.

[We append this information ABOVE the exposure report. Readers who have not yet read the exposure report should read that first, otherwise the relevance of what follows immediately below may not be clear to them at first].

In the exposure report, Mr Wanta is exposed inter alia as a thief and a deceiver who has stolen the monies specified below, including the Editor’s LOAN funds of $35,000 plus interest, and who used the Editor’s platform to wage his campaign for 18 months in 2006-07, issuing instructions to the Editor by facsimile, together with numerous verbal demands, to maximise the potential of publicity available from our platform. This continued until the Editor and others realised they had been used.

We publish herewith verbatim the letter received in its entirety. Non-Wanta information has been cleared from the top of this exposure, and may, as appropriate, be reincorporated in a future report.

• SPECIAL ATTENTION should be paid to the Editor’s response appended immediately following the threatening letter. The content of the Wanta exposure itelf remains unaltered.

Thomas E. Henry
Attorney at Law

September 18, 2009

Christopher Story FRSA,
Editor and Publisher.
International Currency Review,
World Reports Limited,
London and New York.
Via Facsimile: 212-679 1094 and 44 (0)20-7222 3836

Re: Christopher Story publications including but not limited to recent article entitled “WANTA: A FINANCIAL TERRORIST WORKING FROM WITHIN – DEVIOUS FINANCIAL CROOK EXPOSED BY THE MAN WHO BOUGHT HIS FREEDOM” dated Wednesday 16 September 2009 with amendments September 17 & 18, 2009. (Note: Wrongdoing asserted against the editor in this communication should not be considered all inclusive of claims that Lee/Leo Wanta The Principality of Snake Hill and/or any of their respective associates, affiliates, or fiduciary relationships may have against the editor individually or corporately whether in law or in equity).

Dear Mr Story

Please be advised that I have been directed by Lee/Leo Wanta and representatives from The Principality of Snake Hill to demand you immediately and forthwith cease and desist from the publication of false and damaging information regarding either stated party that is clearly and blatantly inaccurate and not substantiated by fact. Your September 16, 17 & 18, 2009 publications make reference to organization affiliation, events and individual associations(s) that constitute libel, slander and exemplifies your negligent and obvious disregard for accuracy and truth. It is the directive and intention of my client(s) to hold you responsible for any and all direct and indirect consequences arising from your total disregard for the truth. Your mention of times, dates, places, location of parties, association of parties and suggestive inferences are fraught with error that cannot possibly be supported by credible evidentiary fact.

As a purported investigative journalist you are congnizant there must be a reasonable and plausible “connect the dots” premise that permits an alleged fact to be used to make another conclusion. Since there is no publication of the substantive basis for any of your purported statements of fact it is suggested and proffered that your misrepresentations and negligent disregard for the truth are derived from misdirected anger and malicious intent to bring harm to innocent third parties.

In your published articles you demonstrate a total and complete disregard for the truth and accuracy of statements, claims and accusations made in your publication. Irrespective of your source of information, a co-conspirator’s negligence does not excuse you from exercising reasonable due diligence prior to committing libel, slander, and defamation of character.

In your 16, 17 & 18 September 2009 published articles you ignore seasoned reporter ethical standards and/or you fail to exercise even a smitten degree of professionalism. Your negligent publishing standard succumbs to the antics of tabloid journalism and “yellow journalism”.

You are requested to immediately and forthwith publish a retraction of all references that your claims and representation regarding Lee/Leo Wanta and/or The Principality of Snake Hill are based on evidentiary fact. It is further requested that you make available to myself and/or any reader of your articles all documents and sources of information that you have relied on in authoring the referenced publications.

In your retraction you must identify what is your opinion as apposed [sic] to an alleged evidentiary fact and simultaneously the source, credibility and veracity of the evidentiary alleged fact. I must further advise that irrespective of any published retraction damage has already been realized and will continue and be ongoing.

The accuracy and extent of your retraction may be considered by my clients as an attempt at mitigation. If an acceptable apology for your misguided, inappropriate, negligent and malicious activity is properly and clearly enunciated in any retraction such apology may draw an end to further contact and instruction from my clients,

Time is of the essence. Your immediate attention to the demands and requests made in this letter are expected.

If you decide to ignore my request I would appreciate your consideration in providing me with contact information regarding your legal counsel (representative barrister) to enable further proceedings to be initiated.

Sincerely

[Signed]
Thomas E. Henry

C.c. The Principality of Snake Hill
Ambassador Lee (Leo) E. Wanta

1125 South 79th Street, Omaha, Nebraska 68124
Tele: 402-614 2057
Cell: 402-680 0509
Fax: 800-418 5873
Colo. Atty. #4504
NE Atty. #11819
ThomasEsq_232@hotmail.com

THE EDITOR’S RESPONSE
Since ‘time is of the essence’, immediate attention has been paid to this letter, which was received on Sunday 20th September 2009, and the Editor responds to this threat as follows:

(1): The writer of the above letter is requested to furnish the Editor of this service promptly with a Notarised copy of Mr Lee/Leo Wanta’s necessary Letter of Accreditation or appropriate document confirming Mr Lee/Leo Wanta’s status as Ambassador of ‘The Principality of Snake Hill’ [a.k.a. ‘The Principality of New Wales’] signed by the present US Secretary of State, Mrs Hillary Clinton, whose husband, when President of the United States, had Mr Wanta thrown into jail.

• As he will be aware, Ambassadorships must be confirmed or denied by each successive US Administration.

• As he will also be aware, diplomats protected by the relevant Vienna Conventions are so protected and can neither sue nor be sued.

(2): Absent the necessary prompt disclosure of the above requested Notarised current official US evidence of Mr Wanta’s ‘Ambassadorial’ status, Mr Wanta will necessarily be further self-exposed as an impostor and a deceiver.

(3): Mr Thomas Eugene Henry is NOT an independent Attorney, but on the contrary is an interested party and a possible co-conspirator with Mr Wanta, given that we hold the following evidentiary documents which are reproduced herewith verbatim.

Both documents bear facsimile data referencing the fact that they were faxed ‘From Ambassador Lee Emil Wanta’ on 2008-02-03 [3rd February 2008] from fax # 12023305116:

• Appointment of Mr Thomas Eugene Henry by ‘The Principality of Snake Hill’
as ‘Consul to the People’s Republic of China’:

[Fake ‘Principality of Snake Hill’ ‘coat of arms’]

The Principality of Snake Hill
Certificate of Appointment:

This is to certify that
Thomas Eugene Henry, Esq.
Became the Consul to
The People’s Republic of China
For the Principality of Snake Hill
Today, 28th January, 2008.

[Signed: Paul]
His Royal Highness
Prince Paul
[FACT: The signature of ‘Prince Paul’ appended thereto bears an extraordinarily close resemblance to the handwriting of Mr Lee/Leo Emil Wanta].

• Appointment of Mr Thomas Eugene Henry’s wife by ‘The Principality of Snake Hill’
as Vice Consul General to the People’s Republic of China:

[Fake ‘Principality of Snake Hill’ ‘coat of arms’]

The Principality of Snake Hill
Certificate of Appointment:

This is to certify that
Chong Van (Aileen) Henry
Became the Vice Consul General to
The People’s Republic of China
For the Principality of Snake Hill
Today, 28th January, 2008.

[Signed: Paul]
His Royal Highness
Prince Paul
[FACT: The signature of ‘Prince Paul’ appended thereto bears an extraordinarily close resemblance to the handwriting of Mr Lee/Leo Emil Wanta].

(4): Separately, appointment of Mr Lee Emil Wanta
as ‘Ambassador to the People’s Republic of China’ for ‘The Principality of Snake Hill’:

[Fake ‘Principality of Snake Hill’ ‘coat of arms’]

The Principality of Snake Hill
Certificate of Appointment

This is to certify that
Lee Emil Wanta
Became the Ambassador to
The People’s Republic of China for
The Principality of Snake Hill
Today, 12th November 2007.

[Signed: Paul]
His Royal Highness
Prince Paul
[FACT: The signature of ‘Prince Paul’ appended thereto bears an extraordinarily close resemblance to the handwriting of Mr Lee/Leo Emil Wanta].

The writer of the above letter is requested to furnish the Editor of this service promptly with a Notarised copy of Mr Wanta’s necessary Letter of Accreditation or appropriate official Chinese Government document confirming Mr Wanta’s status as Ambassador of ‘The Principality of Snake Hill’ [a.k.a. ‘The Principality of New Wales’] to the People’s Republic of China, and signed by the appropriate Representative of the Government of the People’s Republic of China.

The following issues identified in (1) and (2) above apply in this context:

(a): As he will also be aware, diplomats protected by the relevant Vienna Conventions are so protected and can neither sue nor be sued.

(b): Absent the necessary prompt disclosure of the above requested Notarised current official Chinese Government evidence of Mr Wanta’s ‘Ambassadorial’ status, Mr Wanta will necessarily be further self-exposed as an impostor and a deceiver.

Finally, certain STC regulations preclude the use of FAX MACHINES to perpetrate fraud.

• ANOTHER EMAIL FROM WANTA: In the report below, the Editor lists all the superfluous emails received by him from Wanta between early August and 12th September 2009, stating that the last one received was dated the 12th, which was then true. However a further email surfaced later. Ostensibly provenanced from the fake, virtual ‘Principality of Snake Hill Central Bank: Office of the Chairman’, with the Baulkham Hills, NSW, Australia, pseudo-address, ‘TELEFON’ spelt in German and sporting a Washington, DC (202) phone number when in fact Wanta is located in California at the moment, this email engages, as usual, in ‘flag-wrapping’ [see below], only with very sinister, ‘Black’, overtones. Specifically, the email celebrates the new US Navy warship USS New York, BUILT FROM 24 TONS OF SCRAP STEEL FROM THE WORLD TRADE CENTER.

The scrap steel from the buildings in which 3000 PEOPLE WERE MURDERED IN COLD BLOOD by these criminals, and used for this new weapon of war (= DEATH), was reportedly melted down at a foundry in Amite, Louisiana. Wanta’s email to the Editor celebrates this ‘achievement’ as something to be immensely proud of, highlighting the USS New York’s motto ‘Never Forget’, and rewriting a Beatitude for good measure: ‘Blessed are those who have one hand held by God and the other held by a friend’. One wonders why he doesn’t use all this DEAD time to rewrite the Bible, which very clearly he has never read. Anyway, as you will see below, this email kills two Wanta deception cover birds with one stone: (1) The story line entails a ‘wrapped in the American flag’ dimension; and (2) It embraces the usual element of ‘Godbothering’, with a Beatitude authored by Leo Wanta.

Memorandum to this inveterate deceiver: Your lies and cover deceptions have been exposed. You need to get yourself some ‘replacement cover’. As for your cynical praise for this newest weapon of war constructed out of the scrap steel from the US buildings that were destroyed on 9/11, which you knew about IN ADVANCE, your cynical celebration of DEATH by this means lets everyone know on whose side you operate. When the DVD connection becomes even more common knowledge than is the case already, this celebration of DVDEATH will be seen for the despicable message it is.

WANTA REPORT DATED 16TH SEPTEMBER 2009 STARTS HERE:

• THE C.I.A. LIE SURROUNDING WANTA’S EXIT FROM JAIL

• DELIBERATE OBFUSCATION OF THE TIMING OF WANTA’S RELEASE

• THE 9/11 ABOMINATION IS GOING TO BE EXPOSED

• PUBLIC LIES HAVE AN AVERAGE LIFE OF SEVEN YEARS

• GETTING CAUGHT OUT IS THE ONLY SIN

• DETAILED BACKGROUND TO THE EDITOR’S $35,000 WANTA LOAN

• HE’S STOLEN SMALLISH AMOUNTS BEFORE

• NOTHING TO DO WITH WANTA’S EXIT FROM JAIL

• THE MARVELOUS INVESTMENTS LIMITED DIMENSION

• BANKING ARRANGEMENTS FOR MARVELOUS INVESTMENTS LIMITED

• THOMAS HENEGHAN CHARGED WITH TASK OF OPENING WANTA BANK ACCOUNT

• THE $5.0 BILLION LAUNDERING OPERATION

• THE $5.0 BILLION WERE STOLEN FROM DELMARVA TIMBER TRUST

• A DEVIOUS, SUBVERSIVE ‘BIRD DOG’ FOR GEORGE BUSH SR.

• PATTERN OF STEALING HURRICANE DAMAGE MONEY

• HIS EXPERTISE IS TO ‘FACILITATE’ THE STEALING OF FUNDS

• PROJECTS, INITIATIVES, DELIBERATELY SET UP FOR THEFT

• ‘SORRY I’M LATE. BEEN DOING MY DEVOTIONS’

• LAUNDERING OPERATION CONVERTED TO STEALING OPPORTUNITY

• HUGE CONSTRUCTION PROJECTS: COVER FOR PREPLANNED THEFT

• ‘MARVELOUS INVESTMENTS’ EXISTED BEFORE IT WAS FORMED

• HEGER MAKES HIMSELF BENEFICIARY-TRUSTEE OF ‘MARVELOUS INVESTMENTS’

• HUGE SUMS OF MONEY STOLEN FROM THE PHILIPPINES

• ‘HE’S DECEIVED EVERYBODY. SO WHAT ELSE IS NEW?’

• RECENT EMAILS TO THE EDITOR FROM WANTA

• THE ‘PRINCIPALITY OF SNAKE HILL’ DECEPTION

• ILLEGITIMACY AND CRIMINALITY OF THE EUROPEAN UNION

• AN AUSTRIAN JOURNALIST ECHOES OUR ANALYSIS AT LAST

• PURPOSE OF THE ‘SNAKE HILL’ OPERATION: TO STEAL MONEY

• INCOMPETENT ‘VIRTUAL REALITY’ ‘SNAKE HILL’ WEBSITE

• APPROPRIATELY, YOU ARE GREETED BY A SNAKE

• SUDDENLY, IT’S ‘THE PRINCIPALITY OF NEW WALES’

• LIST OF NON-EXISTENT MAKE-BELIEVE ‘SNAKE HILL’ ‘MINISTERS’

• ‘WRAPPING HIMSELF IN THE FLAG’ FOR DECEPTION PURPOSES

• THE PURPOSE OF THIS CRUDE C.I.A. ‘SNAKE HILL’ DECEPTION

• WHAT WE KNOW ABOUT THE BEHAVIOUR OF THESE SNAKES

• MICRONATIONS AND HERITAGE SITES VS. THE NATION STATE

• RE-EXPORTED AMERICAN FINANCIAL CORRUPTION

• SUCH CORRUPTION IS NOTHING NEW, BUT THAT’S NO EXCUSE

• ‘THE RULE OF LAW DOESN’T APPLY TO US’

• CHINESE AND SWISS DENY THAT WANTA SHOULD EVER BE PAID

• A FINANCIAL TERRORIST BENT ON AMERICA’S DESTRUCTION

• PRIVATE SECTOR CREATES TAXABLE REVENUE; GOVERNMENT GENERATES ONLY DEBT

• MORE MEDIA OBFUSCATION OF THE CAUSE OF THE CRISIS

• WANTA’S OBSTRUCTIVE BEHAVIOUR FINALLY RECOGNISED

• THE LIE THAT OBAMA IS ‘DOING WHAT IS BEST FOR AMERICA’

• BERNANKE’S ‘RECOVERY’ IS A LIE, TOO. A HUGE DOWNWAVE BECKONS

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. THE ‘PRELIMINARIES’ ARE PLACED AT FOOT OF THE ARTICLE:
Please access them below for all current announcements and the Internet Security Solution.

EXECUTIVE SUMMARY: THE ESSENCE OF OUR FINDINGS
Leo/Lee Emil Wanta is a long-range German penetration agent. It is neither here nor there whether he is sitting in a suite in the Waldorf-Astoria in New York City, in a safe house in Wisconsin, or else in a safe house in California. His primary contacts are German or Austrian: Herr Gerald Salchert , who collected him from jail shortly after 9/11; Mr Steven Goodwin, his Attorney, who was born in Dusseldorf, Germany; Arnold Schwarzenegger, Governor of California, born in Austria; and most importantly of all, George H. W. D. V. D. Bush Sr., who is the head of the long-range pan-German strategic deception agency [Abwehr], based in Dachau, Germany, which is bent on ‘Building the Thousand-Year Reich on the Ruins of the United States’, as confirmed in documents seized by the Allies at the end of the Second World War.

Leo/Lee Wanta answers the telephone in German, spells the word ‘Telephone’ thus: TELEFON, and masquerades behind a perpetual fog of FAKE AMERICANA, wrapping himself in the flag, drooling over ‘Apple Pie Americanism’ in his emails and posted communications, and generally overplaying his hand by using words like ‘lawful’ which should be unnecessary, as everything we do MUST be lawful, there being NO CREDIT for operating within the law.

Wanta was FIRED BY THE QUEEN and the REVISED Basel List mandates the Specific Line Item which designates Michael C. Cottrell, B.A., M.S., to receive certain funds rather than Wanta, who cannot be trusted and is the agent of a foreign power buried deep inside the US structures.

• The task allocated for Michael C. Cottrell, B.A., M.S., is to organise and operate the Group of 7-approved fully transparent, taxable US Dollar Refunding Programme on the principle that private sector trading operations ON BALANCE SHEET generate taxable income, which Government deficit- financing as implemented by the Obama-Geithner-Bernanke triad cannot procure (as Government generates only DEBT, not TAXABLE PROFIT), with the tax accruals paid into the British Treasury for (a) the British tax receipts that will accrue and (b) under the Bretton Woods arrangements, for the US tax accruals to be forwarded by the British Treasury to the American Treasury authorities. Thus the US Treasury authorities will receive cascading ON-BALANCE SHEET tax accruals, whether they like it or not. The Obama-Geithner-Bernanke triad have been WILLFULLY impeding this outcome, as the late announcement at the top of this report confirms.

Dr Bernanke’s facile assertion on Tuesday 15th September to the effect that ‘the recession is nearly over’ reflects the fact that the Criminal Syndicate, for which the Chairman of the Federal Reserve Board, Dr Bernanke, is the reappointed ‘Gatekeeper’, intends to make payment via Wanta, who has been dismissed by The Queen, is a felon and as this report shows, steals money, so that trillions can then be siphoned off both into corrupt pockets and to buttress the illusion of recovery, making it seem that the Obama-Geithner-Bernanke team are a bunch of brilliant magicians.

• The underlying purpose of these manoeuvres is to revitalise the moribund Fraudulent Finance derivatives sector by irregular backdoor means, so that the funny money that the DVD-CIA-Bush Crime Syndicate have lost can be made up and fresh trillions spun out of nothing ad infinitum.

This report is timed to EXPOSE WANTA as a long-range penetration agent working for Bush Sr., who works for America’s secret, determined long-range enemy bent on wreaking revenge for its defeat in two World Wars, Germany; and to remind all concerned that this man is a convicted felon who steals money and has stolen funds (such as this Editor’s $35,000 fund which purchased his freedom from probation) despite his unresolved status as a felon.

He is 100% untrustworthy, lies through his teeth, changes his mind every five minutes, enters into financial obligations that he cannot at the time of making them fulfil (FRAUD IN THE INDUCEMENT) and has deceived everybody, including this Editor.

Under NO CIRCUMSTANCES should Wanta be paid a single red cent.

This is the view of the highest Chinese and Swiss authorities and also, we believe, of the British Monarchical Power, the three external powers which INSIST that the US authorities CEASE AND DESIST from their corrupt intent to DISREGARD THE REVISED BASEL LIST and thus to ignore the necessary international instructions.

Wanta knew about 9/11 BEFORE IT HAPPENED, proving that the US Government of George W. Bush was complicit in that Reichstag-Fire-style abomination. Wanta therefore has blood on his hands. His preaching about Misprision of Felony, it appears, does not apply to him.

Story’s Third Law prescribes that ‘Sooner or later, all covers and operations are blown’. We hereby BLOW WANTA’S COVER AND DEMAND THAT THE U.S. AUTHORITIES STOP SHELTERING THIS TRAITOR. Wanta doesn’t work for the United States.

• His play-acting and protestations to the contrary are elaborate, crude deception cover.

THE C.I.A. LIE SURROUNDING WANTA’S EXIT FROM JAIL
On 9th September it was alleged on another website that Janet Napolitano, Secretary for Homeland Security, had been arrested along with eight other officials and extradited to Europe. When Janet Napolitano appeared on TV screens within a brief period of time, it was postulated that the sources in question could not be relied upon and that this service and one other were the only Internet sources on the underlying crisis to which attention should be paid.

While undeservedly flattering, this Internet source asserted words to the effect that ‘Story came comparatively late onto the scene, having paid for Wanta’s exit from jail’ – thus recycling a subtle, reckless and potent CIA lie (although the ANONYMOUS person who posted this lie was probably innocent of anything more than repetition, a likelihood that we gladly accept as true).

DELIBERATE OBFUSCATION OF THE TIMING WANTA’S RELEASE
This single, subtle LIE covers up the fact that Wanta, and therefore the US Government and its controlling Intelligence Power (the CIA and its myriad dependencies, which include the Federal Bureau of Investigation), knew all about 9/11 before the abominations occurred.

It follows that all the above, and all elements of the US structures that have continued the 9/11 cover-up, are co-conspirators in mass murder and have blood on their hands. If CIA-‘President’ Obama-Soetoro were genuine, and not a controlled operative-puppet of the criminalized, money-chasing and murderous Intelligence Power (with apologies to its ‘white hats’ if such phenomena exist these days, which we doubt), he would have dropped everything on assuming power and his first job would have been to demand, even at the risk of his own life, a proper, public accounting of the 9/11 mass murder, orchestrated at the behest of George, H. W. D. V. D. Bush Sr.. But he didn’t. He’s done nothing but connive in the cover-up, like his predecessor who presided over it.

THE 9/11 ABOMINATION IS GOING TO BE EXPOSED
Given this explosive state of affairs, the pressure which will cause this abomination to ‘blow’ continues to accumulate, and sooner or later will result in the ‘take-down’ of all the perpetrators and those media whores, such as Rupert Murdoch and his like, who are parties to the cover-up. We know of one US broadcasting organisation which accepted a ‘funny money’ bribe of $1.68 billion to bury everything that we ourselves have published on this subject: and likewise with others.

• We also know of another media giant that accepted a corrupt payment adjacent to $2.0 billion for the same purpose: to hide the truth that we and others are reporting, from the American people.

According to the ‘ethic’ by which these Dark Forces operate, everything is permitted, with one sole exception: getting caught. The LIE exposed herewith represents GETTING CAUGHT.

We hold on file as much detailed, accumulated, authoritative, relevant technical evidence about the explosives employed to implode the Twin Towers and the associated circumstances, as any other responsible and serious investigator. But such data, while FULLY CONCLUSIVE, is nothing like as effective as human evidence that actually catches the perpetrators LYING to cover up the well-known fact that they knew all about the murderous abominations before they occurred. That evidence has now erupted onto the stage.

PUBLIC LIES HAVE AN AVERAGE LIFE OF SEVEN YEARS
Like plutonium, public lies have a half-life, and decay over a period of time. In our long experience, the average half-life of a public lie is about seven years. It is eight years since 9/11, so the time is ripe for wholesale exposure: which is why the recycling of this CIA LIE is so important.

THE RECYCLED LIE AND WHY WE EXPOSED IT
The Editor noticed the recycled lie immediately before leaving for the United States on the 11th September. By the time he had cleared airport security, he finally realised the significance of this repeated lie, and, finding an Internet location at the airport, posted this Update to our report dated 6th September. The text below has been slightly expanded:

• UPDATE, 11 SEPTEMBER 2009:
IT HAS BEEN INACCURATELY ASSERTED ON ANOTHER WEBSITE THAT THE EDITOR PAID FOR WANTA’S RELEASE FROM JAIL. THIS IS AN OLD C.I.A. LIE THAT HAS BEEN PROMULGATED FOR TWO YEARS OR MORE. The Editor did NOT procure Mr Wanta’s release from jail which of course is impossible. The Editor loaned Leo/Lee Wanta $35,000 for two years on an arms’-length basis at 7% compound per annum, effective 10th June 2005 and repayable on 11th June 2007.

• He did not repay the Editor’s $35,000. He has STOLEN THE EDITOR’S LOAN FUNDS.

The purpose of the loan was to settle Court ‘Restitution’ plus fees in respect mainly of State Tax of $14,129 plus interest that Wanta had already paid twice, in May and June 1992 (we hold copies of the relevant transaction documents). The Editor’s private loan funds paid this tax bill for the THIRD time. Full details of this scandal were exposed in our final report on that subject, dated 6th August 2007 [see Archive]. But that is NOT the main point of this insert, necessitated by the repetition of this old CIA LIE, exploiting the timing of the loan. The LIE masks a colossal hornets’ nest of evil.

The main point is as follows. The subtle CIA-originated LIE that the Editor paid for Wanta’s release from PRISON presupposes (deceitfully) that Wanta was released in 2005 WHICH IS NOT TRUE. On the contrary, Wanta was released from jail eight or ten days after 9/11 (on 19th or 21st September 2001). But by reiterating that the Editor’s funds procured Wanta’s release from JAIL, the FALSE impression is given that Wanta emerged from U.S. prison FOUR YEARS after 9/11: A FABRICATION.

Wanta was collected from jail shortly after 9/11 by Gerald Salchert, resident in the United States, of Austrian extraction, and taken to the home of a relative in Wisconsin.

WHY would the C.I.A. promulgate this LIE (and we will explain later WHO started this LIE)? In order to answer that question you need to be aware of the real reason Wanta was held in jail during the run-up to 9/11. The reason is that, since Wanta had been scammed and badly treated (which maybe he deserved: but that’s a separate point), the CIA had concerns that he might divulge the 9/11 plans AHEAD OF THE ABOMINATION. So they held him incarcerated until afterwards.

• What does this tell you? Work it out for yourself! Mr Wanta KNEW ABOUT 9/11 IN ADVANCE of the event, and they had to make sure that he didn’t spill the beans because of his dissatisfaction at the way he had been treated. SO THEY HAVE EXPLOITED THE DATE OF THE EDITOR’S LOAN PAYMENT, WHICH OBTAINED WANTA’S EXIT FROM PROBATION (gaining him five years and two weeks, to be precise, as his scheduled probation end-date had been 28th November 2010), TO COVER UP THE FACT, EXPOSED BY THIS LIE, THAT THE C.I.A. AND THE U.S. GOVERNMENT KNEW ALL ABOUT 9/11 BEFORE IT HAPPENED. Because as Leo/Lee Wanta, who worked for the Government and the Bush Crime Syndicate, knew about 9/11 BEFORE the event, SO DID THE U.S. GOVERNMENT and the CIA. If you think this is DYNAMITE, you are 100% ACCURATE. (1)

GETTING CAUGHT OUT IS THE ONLY SIN
When elements of the Dark Forces get caught out, THEY BECOME NERVOUS AND RATTLED. We can advise you that this is what occurred after we posted the above Update. To assert that certain parties were ‘furious’ would be a mild description of their reaction. One can understand that, given the Misprision of Felony Statute [see below], there are good reasons for their anger. How DARE some nasty, British investigative reporter find them out!

DETAILED BACKGROUND TO THE EDITOR’S $35,000 WANTA LOAN
And it gets very considerably worse. To begin with, here again are the simple outline facts, for the record, concerning the Editor’s arms’-length private LOAN of $35,000 to Wanta for two years to pay for his Court-ordered Restitution, which Wanta has STOLEN:

(1): Having extensively investigated some of the background to the financial corruption developed by the US Intelligence Power and exported so that it affects the whole world (hence the Editor was NOT investigating US DOMESTIC issues, but rather the American dimension of a vast international Fraudulent Finance crisis entailing a subversive attack by foreign powers on the United Stastes itself), the Editor concluded, after much thought and consideration, that Leo/Lee (who has two names for a reason: see below) Wanta held a (if not THE) key to exposure of this corruption.

(2): In early 2005, at Wanta’s suggestion, the Editor visited Richmond, VA, to meet one of Wanta’s (controlled) Attorneys, Steven Goodwin, who was born in Düsseldorf. Over dinner (which the Editor paid for, like everything else), Goodwin revealed that he had ‘negotiated’ an arrangement with the Wisconsin Department of Corrections, whereby if Wanta’s Court-ordered ‘Restitution’ and other fees were paid, they would ‘use their best endeavours’ to have Wanta’s probation period, then scheduled to end on 28th November 2010, shortened.

• It transpired that a sum of more than $30,000 was needed for this purpose.

(3): After careful consideration, the Editor decided, in view of the hideous corruption perpetrated by the Wisconsin Department of Revenue in charging Wanta THREE TIMES FOR THE SAME TAX (we surely do not need to repeat the sordid details, which are accessible from our final report on that subject dated 6th August 2007: see Archive) that he would be the ‘wildcard’ and would raise $35,000 to UNLOCK the situation by effectively purchasing a shortening of Wanta’s probation.

Under the documented arrangement, the Editor LOANED Leo/Lee Wanta $35,000 for two years at 7% compound interest (terms applied by Messrs. Goodwin and Wanta without consulting the Editor), repayable in full with interest on 11th June 2007. The loan plus interest has never been repaid and has been STOLEN. Wanta never followed through with an explanation of why he has defaulted on this loan. Steven Goodwin is a co-conspirator in the defrauding of the Editor of his $35,000 loan plus interest by knowingly framing the text of the loan papers using duplicitous language which almost resulted in us backing out on being asked to ‘sign here’ by Wanta on 10th June 2005.

(4): On 10th June 2005, the Editor arrived at Wanta’s family member’s address in Wisconsin. The loan papers had been prepared by Steven Goodwin. Mr Wanta was sitting there in a somewhat unfriendly mode, effectively saying; SIGN HERE. When the Editor read the convoluted language of the loan document, he didn’t like the text at all. However, after some hesitation, he signed it for two reasons: first, if the Editor were later to conclude that the loan papers were deliberately worded to provide Wanta with the apparent freedom to do what we now know that he always does – renege, like his master, Bush Sr., on all his undertakings – the Editor could abort the loan.

And secondly, the Editor had made the long journey up to the ‘boonies’ and didn’t relish aborting what he had determined would UNLOCK the keys to the financial corruption, epidemic, which is worse than any such outbreak in human history.

(5): The Editor then spent six weeks in the United Kingdom (a) wondering whether he had done the right thing and (b) waiting to see how agitated Wanta would get if the funds were delayed for a few weeks. Sure enough, Wanta was repeatedly on the phone, asking what was happening. The Editor raised the funds (from proceeds from a successful sale of our private London residence) and send a bank draft by courier to Goodwin’s office in Richmond.

• The Editor’s covering letter requested that Goodwin travel in person to the local office of the WI Department of Corrections to obtain a RECEIPT – a demand that Mr Goodwin initially resisted but finally concurred with. On 21st July 2005,Goodwin presented a cheque for nearly $32,000, using the Editor’s loan money, to the local Wisconsin Probation agent, obtaining a written formal receipt.

• On the following day the agent generated a computer print-out confirming that Wanta had nothing further to pay by way of this Restitution. The Editor holds copies of both documents.

• FACT: All this information has been in the public domain, on this website and in our financial journal International Currency Review, for several years. All relevant foreign Governments and their intelligence agencies are well aware of these details.

(6): Instead of Wanta’s probation being terminated promptly, the ‘entirely unexpected’ satisfaction of the Wisconsin Court’s Restitution and fees, incorporating THE THIRD PAYMENT of the same State tax of $14,129 by Wanta [see the Archive: 6th August 2007] – a gross abomination in itself – absolutely nothing happened. The Editor later found out that a painful debate had ensued behind the scenes, given the awkward reality that someone had emerged to pay Wanta’s Court-imposed Restitution and fees, which (as again we later discovered) all US personnel had been explicitly instructed NOT to do. This CIA instruction did not, however, cover the Editor of this service.

(7): The internal debate was resolved when, well over four and a half months later, it was finally determined that the Wisconsin authorities could not take the money and give nothing in return – as a consequence of which Wanta’s probation was formally terminated and he was given an ‘absolute discharge’ from probation period effective 14th November 2005 – five years and two weeks ahead of the set date for the ending of his probation (28th November 2010).

(8): As indicated, Wanta has failed to repay the Editor’s $35,000 plus interest and has taken NO STEPS to rectify this omission. He has not written to the Editor to explain his default. In June 2006, he left a couple of angry messages on our voicemail (both of which we have recorded and made hard copies of), in one of which he said that ‘the reason you haven’t been repaid IN FULL is that…’. But the Editor hasn’t been repaid AT ALL!

• The man is absolutely unreliable, twists facts to suit his own preferences, routinely engages in gratuitous deception, changes his mind all the time, and makes things up as he goes along.

HE’S STOLEN SMALLISH AMOUNTS BEFORE
Nor is this the first time that Wanta has stolen comparatively small sums of money. The Editor has on file a communication from another party who complained that he lent Mr Wanta $25,000, which Wanta stole. When the party who lent the money phoned Wanta to demand his repayment, Wanta feigned that he could not continue the conversation because his communications were bugged, and abruptly terminated the call.

Given these two instances (out of many, we understand) of Wanta stealing money from others – in these two instances, by fraudulent conversion of loan monies into gifts without the consent of the lenders – it is crystal clear that Wanta cannot be trusted to handle ANY MONEY AT ALL; and, as he remains a felon (given not least that Mr Steven Goodwin, on CIA instructions, failed to obtain the necessary final exculpatory document from the Wisconsin Court), he cannot open a bank account, either. As a convicted felon who has continued to steal money, he is not a fit person with whom any party can or should deal under any circumstances. And anyone who may be so foolish as to entrust this man with sums of money, whether large or small, would, on the basis of our knowledge and experience, be double-crossed and financially raped.

NOTHING TO DO WITH WANTA’S EXIT FROM JAIL
As can be seen, the foregoing sequence has NOTHING WHATSOEVER to do with Wanta’s release from jail. The LIE that the Editor’s LOAN funds made available in June 2005 procured Wanta’s exit from jail (an impossibility anyway) was first promulgated by the US disinformation operative Greg Szymanski in 2007. When the Editor asked him to correct this error on his website, Mr Szymanski responded arrogantly: ‘Jail, probation, what’s the difference?’ – and then proceeded to REITERATE THE CIA LIE that the Editor’s funds procured Mr Wanta’s release from jail, which of course implied erroneously that Wanta was released from jail in 2005, rather than shortly after 9/11 2001.

When Mr Szymanski reiterated this LIE having been asked by the Editor to make the necessary correction, the Editor exposed his uncooperative and aberrant behaviour on this website. It so happened that the Editor’s report in question was finalised and posted on a Sunday. Within about 45 minutes, Szymanski revealed his true nature – dispatching an angry email to the Editor along the following lines: ‘How DARE you libel me! I have my lawyers working 24/7 to take you to court!’

• However lawyers’ offices tend to be closed on Sundays.

As stated in our 11th September Update, Wanta’ s exit from jail occurred shortly after 9/11, when he was collected from jail by Gerald Salchert, who is of Austrian origin. Since Leo Wanta answers the phone in German, and Bush Sr. has dual US and German nationality, being head of the pan-German long-range strategic deception ‘Black’ agency DVD, Dachau (Deutsche Verteidigungs Dienst), this fact is of importance as this rats’ nest, fundamentally reflecting a foreign offensive against the United States, progressively unravels.

THE ‘MARVELOUS INVESTMENTS LIMITED’ DIMENSION
Gerald Salchert is reported to us to have taken money in Canada from Marvelous Investments Limited (MIL, which of course mimics the first three characters of Military), which was incorporated under the General Laws of the Commonwealth of Massachusetts on 3rd November 1998 (2) .

At incorporation, the officers of Marvelous Investments were shown under Article VIII of the incorporation documents to be:

• Lee (not Leo) E. Wanta (President and Director) of (Residential address): 4000 Steeles Avenue West, Suite #221, Woodbridge, Ontario, Canada L4L 4VS;

• Charles Crowninshield (Treasurer and Director) of (Residential address): 400 Main Street, Boxford, MA 01921, USA; and:

• John (a.k.a. Giovanni) Ferro (Director) of (Residential address): 16 Madill Street, Toronto, Ontario, Canada M9P 2PS.

Notwithstanding that Marvelous Investments Limited was indeed formally incorporated in the Commonwealth of Massachusetts on 3rd November 1998 as confirmed above, the entity was reportedly functioning many years earlier than that (3) . This may have reflected the fact that the same name was registered in several jurisdictions – a well-known financial fraud device.

It may be recalled that Wanta had implied to the Editor of this service that he was in jail from the date of his conviction by what was undoubtedly, given the corruption perpetrated by the Wisconsin Department of Revenue, a kangaroo court, in 1995, until his release after 9/11, in September 2001.

However the Marvelous Investments Limited documents give his address not as an Oklahoma prison (where he was subsequently confined on the orders of President Bill Clinton working for criminal former President Bush Sr.), but as the address in Woodbridge, Canada, indicated above.

BANKING ARRANGEMENTS FOR MARVELOUS INVESTMENTS LIMITED
Banking arrangements for Marvelous Investments Limited were encapsulated in a document, a genuine copy of which is held by this service, which reads in toto as follows:

CORPORATION ACCOUNT: (SECURITY CASH ACCOUNTS ONLY: FULL AUTHORITY)

BANK OF AMERICA
231 NORTH LaSALLE STREET
CHICAGO, ILLINOIS, USA 60697-0000

THE UNDERSIGNED CORPORATION, BY LEE E. WANTA, ITS PRESIDENT, PURSUANT TO THE RESOLUTIONS, A COPY OF WHICH AUTHORIZES YOU TO OPEN AN ACCOUNT IN THE NAME OF THE SAID CORPORATION, AND THE UNDERSIGNED REPRESENTS [sic] THAT NO ONE OTHER THAN THE UNDERSIGNED HAS ANY INTEREST IN SUCH ACCOUNT. THIS AUTHORIZATION SHALL CONTINUE IN FORCE UNTIL REVOKED BY THE UNDERSIGNED CORPORATION BY A WRITTEN NOTICE, ADDRESSED TO YOU AND DELIVERED AT YOUR OFFICE IN CHICAGO, ILLINOIS, USA.

BY THIS DOCUMENT, WE, MARVELOUS INVESTMENTS LIMITED, AUTHORIZES [sic] THE BELOW-MENTIONED PERSON TO OPEN SAID BANK OF AMERICA-CHICAGO ACCOUNT IN FAVOUR OF SAID CORPORATION:

MR THOMAS G. HENEGHAN
2405 FREY AVENUE
VENICE, CALIFORNIA, USA
TELEFON [sic]: 310 305 9606

CALIFORNIA DRIVER’S LICENSE – C-204-6914, EXP: 3.17.04

Dated: ……………

YOURS VERY TRULY
MARVELOUS INVESTMENTS LIMITED
BY: LEE E. WANTA, PRESIDENT.(4)

THOMAS HENEGHAN CHARGED WITH OPENING WANTA BANK ACCOUNT
Thomas G. Heneghan, well known for his vituperative Internet attacks on every evil affecting America under the sun, for his hatred of the British and support of France, and for his complaints about the abuses perpetrated by the Clintons, Eva Teleki and others [see below] with Marvelous Investments Limited, is thus exposed as the operative who was charged by Wanta, according to this document, with opening Marvelous Investments Limited’s bank account with the Bank of America, Chicago – the centre of financial intrigue and Fraudulent Finance operations presided over by George H. W. D. V. D. Bush Sr., the Clintons and the Mossad operative, Rahm Emanuel.

• William Jefferson Rockefeller Clinton had lunch with CIA-‘President’ Barack Obama-Soetoro on 14th September at Il Mulino restaurant before delivering his lecture admonishing the hardened Wall Street executives responsible for facilitating the Fraudulent Finance operations exploited by the Clintons. Their lukewarm applause was almost inaudible.

Just for the record, we hold a copy document carrying an imprinted facsimile date of 6th December 1998 headed: Page 1 of a ‘Certified copy of certain resolutions adopted by the Board of Directors [of Marvelous Investments Limited] whereby the establishment and maintenance of Security Cash Accounts have been authorized’, which reads in part:

RESOLVED:…THAT THE PRESIDENT OF THE TREASURER OF THIS CORPORATION BE AND THEY ARE, AND EACH OF THEM HEREBY IS AUTHORIZED AND EMPOWERED, FOR AND ON BEHALF OF MARVELOUS INVESTMENTS LIMITED (HEREIN CALLED THE CORPORATION), TO ESTABLISH AND MAINTAIN ONE OR MORE ACCOUNTS WITH:

BANK OF AMERICA
231 NORTH LaSALLE AVENUE
CHICAGO, ILLINOIS, USA 60697-0000

REF: FOREX DIVISION
LOS ANGELES OFFICE
MR JOHN CABREA
1.800.828.6000 (5)

THE $5.0 BILLION LAUNDERING OPERATION
In 1999, Marvelous Investments Limited and Parkhead Financial, Inc., both owned by Wanta, ‘corporately authorized USD Five Billion for the USA Hurricane Evacuation and Recovery Operations from Florida, Alabama, Mississippi, Louisiana and onward to Texas and north from Mobile/Alabama Gulf Coast Toll Road to Huntsville’.

‘This fully funded private construction project/programme was authorized by the State of Alabama under House Joint Resolution, Secretary of State, Bill Number: 93-399, State of Alabama Governor’s Office, consisting of four (4) expandable traffic lanes, with double-track railroad lines, underground freshwater pipeline, electrical systems, gas/oil pipeline, fiber-optic communication trunk lines, lodgings, medical facilities, and much more as outlined in the overall MIL/design and planning ; commencing in 1999 with full private sector funding solely by “Marvelous Investments Limited’ through their lawful ownership and management of Parkhead Financial, Inc., with lawful repatriation corporate MIL/AmeriTrust/New Republic etc repatriation assets’ (6) .

This information is extracted from an email from Wanta dated 14th September 2005 timed at 7:57pm to US Senator Bill Frist, to which were attached related emails addressed to President Clinton, Al Gore, and the US Treasury Secretary du jour, Robert E. Rubin.

Within this overall project, the 22-mile Camino Columbia Tollroad at Laredo, Texas, was to have been constructed by business interests owned by George Bush Sr.

THE $5.0 BILLION WERE STOLEN FROM DELMARVA TIMBER TRUST
The email – headed ‘Amabama Toll Facilities Inc. ATFI, Parkhead Financial, Inc of Alabama 1999, Five Billion’ – falsely implied that the $5.0 billion in question had been derived from monies repatriated from one or more of Wanta’s innumerable Reagan Executive Order 12333 external bank accounts which we listed earlier. Specifically, as indicated above, the text asserts that the project was to start up in 1999 ‘with full private sector funding solely by Marvelous Investments Limited through their lawful ownership and management of Parkhead Financial, Inc., with lawful repatriation corporate MIL/AmeriTrust/New Republic, etc. repatriation assets’.

Given Wanta’s repetition here of the unnecessary adjective ‘lawful’ – which should be taken for granted and therefore does not need to be employed – it is clear that this language obfuscated a deception. Indeed whenever he uses such language as ‘lawful’, that is the case: he seems to think that by pleading that the crime he is covering up is ‘lawful’, it is miraculously ‘legitimised’.

• We submit that the high-flown semi-technical language that Wanta uses, like the foregoing, may be typically invented by Mr Wanta to create the illusion that a realistic and formidable project is intended, but that its real purpose is to create a virtual (perhaps even semi-practical) project, so that the targeted funding is freed in order for the Crime Syndicate working for Germany to steal it.

And sure enough, in reality, the $5.0 billion was STOLEN on Wanta’s authority on behalf of the Crime Syndicate from funds owned by Delmarva Timber Trust held in Bank Rafidain sub-accounts with Bank of New York, London. The project outlined above therefore never got off the ground.

A DEVIOUS, SUBVERSIVE ‘BIRD DOG’ FOR GEORGE BUSH SR.
This further example, one of many that could be cited, illustrates two important points:

• First, as confirmed above, Wanta is NEVER to be trusted, as the Editor has found out to his cost. He exhibits the identical fault of Esau/Edom which is Godfather Bush’s speciality: everyone, without exception, is a legitimate target for deception, and the concept of loyalty is not recognised.

• Secondly, Wanta was, and remains, an active or ‘used’ ‘Bird Dog’ working for George H. W. D. V. D. Bush Sr., the head of pan-German long-range ‘Black’ strategic intelligence (Abwehr), and the most ruthless criminal finance operative alive in the world today.

The email ended with language which the Editor and others now recognise to represent cynically spurious ‘humanitarian’ and pseudo-religious verbiage, and a false craving for the Rule of Law, designed falsely to imply benevolent intent and to obfuscate the underlying deception of the day:

‘Just a sad thought that – just maybe – American lives taken by Hurricane Katrina would be less – and our national economy may have been strengthened by these corporately funded activities – without the current safety, medical and financial hardships to our valued American Citizens and invited foreign guests’.

‘I remain with deep sadness, but hopeful for their survival and reconstruction, and maybe NOW the original Hurricane Routes can be implemented before I die with heavy heart and old age, facilitated by others that remain unknown and not caring for our American Rule of Law, inter alia’.

‘May Our Lord Bless our departing souls… and Our Great Nation’.

Of course, the reality is that these cynics couldn’t care less how many people are disadvantaged or die in any disaster, given that the deaths and injuries inflicted by the disasters they generate are cynically viewed as ‘collateral damage’. Granted, these people are ALL double-minded, as we have explained in the past – which essentially means they are wayward schizophrenics. But they are not so schizophrenic as to be inclined to pay attention to sentimental, empty pap like that. It is simply included in such correspondence as a ‘signal’ to the recipient that an operation is afoot.

PATTERN OF STEALING HURRICANE DAMAGE MONEY
So, when Clinton, Gore and Rubin saw that $5.0 billion was available to be ‘nicked’, the money was duly stolen – by the Clintons. This set the precedent for the subsequent stealing of the Hurricane Katrina money – some of which the present corrupt US Secretary of State, Mrs Hillary Rodomski Clinton, tried to retrieve when she visited Baghdad in May 2009 ostensibly to hold a ‘town meeting’ but in reality to try to ‘repatriate’ (i.e., grab) the Katrina funds that the Clintons stole and hid in the ‘inaccessible’ Iraqi banking system. As we have reported, she was greeted on that occasion by the hot, clammy hand of a US Gold Badge who exclaimed: ‘GOTCHA’, or whatever more colourful language the operative considered appropriate in the circumstances.

• FACT: Vice President Biden paid an unnanounced visit to Baghdad on 15th September.

So far, we have itemised three KNOWN THEFTS of funds by, and authorised by, Leo/Lee E. Wanta – the two ‘small’ amounts of $35,000 belonging to the Editor of this service and the $25,000 belonging to another party concerning which the Editor holds documentary confirmation, and now the stealing of funds owned by Delmarva Timber Trust under the pretext of vague but false assurances that the $5.0 billion had been ‘repatriated’ Leo from Wanta’s offshore accounts, themselves derived from Financial Warfare operations. But NO: the $5.0 billion was stolen by Wanta from Delmarva accounts.

HIS EXPERTISE IS TO ‘FACILITATE’ THE STEALING OF FUNDS
What can be observed (the small thefts being proven ‘wildcard’ exceptions that simply illustrate that Wanta is a criminal, untrustworthy thief who cannot be trusted even with small amounts) is that Wanta, who indeed ‘works for’ George H. W. D. V. D. Bush Sr., FACILITATES the stealing of funds by the Bush-Clinton Crime Syndicate, of which, it transpires, Wanta is and has always been, an active component – as well as being treated, from time to time, like dirt by Godfather Bush Sr. and his associates (which is typical of these amoral and ruthless intelligence rats).

Interestingly, Wanta was at pains to inform the Editor of this service when we were in touch, that when he was being briefed by President Reagan, Vice President Bush Sr. was never in the room, and that he served President Reagan, not Bush. Reagan, as the late CIA operative Claire Sterling observed, called Wanta his ‘favourite junkyard dog’. The purpose of THIS deception was to mask the reality that Wanta worked for, and still works for, George H. W. D. V. D. Bush Sr.

PROJECTS, INITIATIVES, DELIBERATELY SET UP FOR THEFT
Another standard procedure that can also be observed here is that projects – or foreign policy initiatives, such as the aborted Clinton-era operation to bring Somalia into the modern world and to dollarise its economy – are typically developed or exploited by these organised US criminal cadres holding the highest offices, in part, WITH THE SPECIFIC OBJECTIVE of providing opportunities for operatives holding high office to steal the money allocated or earmarked to fund them.

Wanta shows a repeated pattern of delegating authority to operatives who cannot be trusted any more than he can, while purporting, by means of his false ‘do-goodism’, pseudo-caring rhetoric and empty ‘religiosity’ to be concerned about the welfare and future of the American people and nation.

We have concluded (and demonstrate further below) that this stance is wholly spurious – part of Wanta’s elaborate duplicitous deception behavioural equipment – and is designed to mask the underlying reality that a theft or other criminal financial diversion is or has been in process.

‘SORRY I’M LATE. BEEN DOING MY DEVOTIONS’
The Editor recalls an occasion in 2005 when, visiting Wanta in Wisconsin, Wanta arrived very late for his appointment at the hotel. When entering the Editor’s hotel room, he immediately proffered a tattered ‘devotion sheet’ to the Editor containing prayers to the Virgin Mary. His excuse for being late was that he had been detained by his ‘devotions’.

However by that time, the Editor had sent him a copy of The New Underworld Order wherein, in the extensive chapter headed ‘Angels of Light’, he had completely debunked and demolished the false religion of Rome, based on the Editor’s detailed knowledge of Scripture given that he is now in his eleventh year of reading the complete King James version of the Bible every year.

If Wanta were genuine, and had done his homework, he would have been aware that presenting the Editor with a tattered sheet of prayers by rote to the Virgin Mary would not impress. One might as well address one’s prayers to a lamp post. There is only one intercessor for all of us, namely Jesus Christ. Obviously, the CIA profile of the Editor as someone who is impressed by religiosity, urgently needs revision. As for Leo/Lee Wanta’s excuse for being late on that occasion, he could have postponed his ‘devotions’ until after the meeting.

LAUNDERING OPERATION CONVERTED TO STEALING OPPORTUNITY
Another pattern of this snake-like behaviour observable from any forensic examination of these financial crimes perpetrated by the avaricious US Intelligence Power and its parasitical Bush Crime Syndicate mob, is the conversion of a project set up for money-laundering purposes, into a cover for the stealing of the funds that were to be laundered.

Another such ‘project’ which served as a cover for the stealing of the same $5.0 billion from the Delmarva Timber Trust sub-accounts in London, which had nothing to do with Wanta at all, was Alabama Toll Facilities, Inc. (ATFI), an Alabama ‘Non-profit’ Corporation formed back in May 1993, ostensibly for the purpose of developing the Huntsville to Alabama Coast Toll Road, the East-West Tollway Corridor, and a connection to the Georgia Tollway System and a Tennessee Bridge.

HUGE CONSTRUCTION PROJECTS: COVER FOR PREPLANNED THEFT
This is or was connected to the huge Bush Sr.-promoted Trans-Texas Corridor project, which the Austin Business Journal reported on 6th January 2009 has been scrapped in its originally form, and chopped up into segments. Specifically, the Texas Department of Transportation had reported that the original plans for a North-South corridor of up to about 1,200 feet in width had been dropped in response to ‘citizen input’; and that, instead, ‘major corridor projects will now be comprised of several small segments closer to 600 feet wide, no longer called the Trans-Texas Corridor’.

The original project – one of a number of colossal transportation projects sponsored by ‘One World’ fanatics globally, including a similar road project in Africa, and North-South and East-West Corridors planned for Iran, Russia, Pakistan and Afghanistan – was connected to the Bush head of the criminal Octopus, using a Spanish contractor, no doubt as an ongoing money-laundering mechanism for the extraction of Bush-lined drug money from Spain.

In a letter to Treasury Secretary Robert E. Rubin (of which we hold a faxed copy with a facsimile notation dated 4th September 2005 – although of course the letter referenced the Clinton era much earlier) – Wanta, ‘working for’ Bush Sr. and writing as the President of Parkhead Financial Inc., tells Robert Rubin that ‘development of this project will be accomplished through the employment of the contract developer – Marvelous Investments Limited – to arrange the US dollar corporate funding, design, development and construction; as we have taken the necessary Alabama Corporate legal steps to purchase ATFI holdings. It is anticipated that completion of construction of the privately funded North-South corridor project will take approximately ten (10) years [to complete], and is to be accomplished in five (5) phases’.

‘Operations will consist of operating the toll road, including maintenance and security and developing land leases with other firms to develop and operate the ancillary projects. As construction of each phase is completed – that phase will be handed over to the operations organization and will be opened for public use’.

The letter from Wanta to Rubin then referenced bonds to finance this operation, worth $2.5 billion, which were never issued because the $5.0 billion was stolen by the Clintons (see above) with the assistance of the bribed Governor of Alabama du jour, who wound up in jail for his pains.

• The Clintons stole the $5.0 billion with the assistance of the corrupt CIA Attorney Jan Morton Heger, and the Hungarian STASI operative Eva Teleki, who had obtained Power of Attorney over Marvelous Investments Limited from Wanta when he was in jail in Oklahoma.

‘MARVELOUS INVESTMENTS’ EXISTED BEFORE IT WAS FORMED
Obviously, the more one examines the paper trails of these endless criminal finance operations, the more that the slitherings of the serpent become apparent. We have seen that, according to the signed authority of William Francis Galvin, Secretary of the Commonwealth of Massachusetts of the day, dated the 6th November 1998, Marvelous Investments Limited was incorporated in that State effective 3rd November of that year.

But on 17th July 1998, Jan Morton Heger, signing himself Attorney At law, Director and Secretary, Marvelous Investments Limited [which was not supposed to have existed prior to 3rd November 2008], wrote to Mr Dit Berault, Finance Specialist, Bank of America, by fax to: 213-345 6631 on another subject which for convenience is ‘reached’ by citing this letter in full:

RE: $150,000,000.00 Bank Guarantee:
Philippine National Bank:

Dear Dit

Please be advised that I hold the above named original guarantee which arrived by Fedex to my office a copy of which is faxed herewith. The Law Offices of J. Morton Heger IFO Marvelous Investments Limited is [sic] the current beneficiary by assignment which is also faxed.

In addition I have in my possession a faxed copy of the Bank Telex to the Law Offices J Morton Heger’s Trust Account verifying and authenticating the Bank Guarantee, a copy of which is also faxed herewith. Please verify to this office that in fact this was received by Bank of America and inform me when I should expect to be advised appropriately.

Please provide to me your copy of the Telex. Thank you for your anticipated cooperation.

JAN MORTON HEGER
Attorney At Law
Director and Secretary
Marvelous Investments Limited

Cc: Ambassador Lee Wanta
Marvelous Investments Limited, Giovanni Ferro E.V.P. (7)

HEGER MAKES HIMSELF BENEFICIARY-TRUSTEE OF ‘MARVELOUS INVESTMENTS’
Thus by July 1998, Jan Morton Heger was the BENEFICIARY ‘by assignment’ of the entire assets of Marvelous Investments Limited (even though the Massachusetts manifestation of the corporation did not yet exist). Yet in March 2006, after the Editor of this service – having examined, compiled and published a comprehensive list of the banks referenced in the voluminous L. E. Wanta-related correspondence and documentation that we hold on file, and having noticed that one of the banks in question was Lloyds Bank, Aylesbury, a mere eight miles from the Editor’s private residence – was granted an ‘information gathering only’ (at the Editor’s specific request) Power of Attorney drafted by Attorney Steven Goodwin authorising him to visit Lloyds Bank Aylesbury to enquire about the status of various Wanta bank accounts, including an account or accounts held there in the name of Marvelous Investments Limited.

The Editor was greeted on that occasion (in April 2006) by the Branch Manager and two assistants. At the meeting, the Manager agreed to make enquiries on the basis of the Power of Attorney. When he returned, after a prolonged delay during which time he probably telephoned the International Department in the Isle of Man, the Manager determined that he could not comply at all, since the accounts were held in the name of Jan Morton Heger.

• But Wanta, as indicated by the foregoing letter, knew this all along.

• For Marvelous Investments Limited had long since been hijacked by Jan Morton Heger, the STASI (DVD) operative Eva Teleki, and the CIA operative Mrs Hillary Rodomski Clinton.

HUGE SUMS OF MONEY STOLEN FROM THE PHILIPPINES
As for the substance of the foregoing letter, we understand that this $150 million was part of a much larger amount held in the Philippine National Bank, which had in fact already been removed by illicit means. The $150 million was to have been hypothecated offshore by the Crime Syndicate.

Lurking in this corrupted woodwork were the following notorious characters: Wanta, who works for Bush Sr.; George H. W. D. V. D. Bush Sr. himself; the late President Ronald Reagan; the former late President Marcos of The Philippines, who resisted the corrupt US Intelligence Power’s avaricious operations to relieve The Philippines of as much of General Yamashita’s hidden gold as could be removed from the holes in which the gold was secretly hoarded there, and was overthrown and exiled to Hawaii for his pains; CIA Attorney Jan Morton Heger; Rahm Emanuel, who was involved in the illicit stealing of the assets of the Children’s Defense Fund chaired by Hillary Clinton, guarded by Vincent Foster, who was murdered in 1995 to remove him from the scene so that the Children’s Defense Fund assets could be stolen; Robert E. Rubin, who later functioned as guardian of the Clintons’ ill-gotten gains held at ‘offshore’ accounts with Citibank, New York City; Eva Teleki, the STASI agent (DVD operative), working for Bush Sr.; the Austrian, Gerald Salchert; a corrupt and subsequently jailed Governor of Alabama; Gwendolyn Waymark (Bush Sr. operative) and Tom Heneghan, who has since specialised in wild ‘attack is the best form of defence’ operations.

‘HE’S DECEIVED EVERYBODY. SO WHAT ELSE IS NEW?’
Such investigations – illustrating that Wanta is indeed a crook and ‘works for’ Bush Sr. – could be described ad nauseam; but we must press forward to current developments.

The Editor was very surprised, after having been deceived by Wanta, that he did not subsequently suffer, metaphorically speaking, four million tongues sticking out at him (the Editor), plus endless finger-wagging and ‘told you so’ abuse arising from his earlier support for Wanta.

During that period, Wanta was in the habit of issuing instructions to the Editor – a fact that we can of course substantiate by exposure of facsimile cover sheets and other documents addressed by Wanta for the Editor’s urgent attention and implementation. Wanta gained the use of our platform and exploited this privilege ruthlessly.

We have been told that the reason that no-one at all said ‘told you so’, was that Wanta, and his like, especially the Bush-Clinton Crime Syndicate and their collaborators, deceive EVERYONE ALL THE TIME. So what’s new? However what IS new is that it is plainly this Editor’s responsibility to WARN all concerned who might be considering making use of Mr Wanta in connection with ANY financial operation, that he has this reputation for stealing, robbing, double-crossing and always deceiving everyone he deals with, just like Godfather Bush. Mark Rich (real name: Hans Brand) is another operative who double-crosses and deceives EVERYBODY. There are no exceptions.

RECENT EMAILS TO THE EDITOR FROM WANTA
With the loss of our platform, Leo/Lee Wanta has been using other means to proliferate his facile deceptions. We refer now to one particular activity which we have not referenced to date, and which is overripe for exposure. We will approach this subject by listing the irrelevant emails from Wanta that the Editor found on his New York email address on arriving in the City on 11th September 2009. Here they are, with the subject-matter shown, in reverse date order:

• 12 September 2009: Mother Teresa predictions
• 11 September 2009: Mayim Medley, Texas
• 09 September 2009: Tennessee Football
• 08 September 2009: Attitude is everything
• 07 September 2009: Psalm 23
• 07 September 2009: How high will corruption go?
• 05 September 2009: Prayer
• 03 September 2009: Federal Reserve System
• 02 September 2009: Prayer and inspiration
• 31 August 2009: Please RSVP
• 29 August 2009: This they understand
• 26 August 2009: Good morning
• 25 August 2009: Judge orders Fed to…
• 24 August 2009: US Department of…
• 20 August 2009: I did it my way
• 19 August 2009: I’m honored to…
• 18 August 2009: Change your…
• 17 August 2009: Phone on the wall
• 13 August 2009: Please take a moment
• 13 August 2009: Inner peace
• 13 August 2009: Surprise to NBC in March
• 09 August 2009: Making it ‘thro ’09
• 09 August 2009: 9/09.2009 9.01 am
• 09 August 2009: This is so beautiful
• 09 August 2009: I’ll never look at a…
• 09 August 2009: Chain saw thing (8)

Earlier Wanta emails to the Editor ranged from elementary-level ‘Scripture Lessons’, to a naïve celebration of Memorial Day and an article about death.

These emails all purported to be sent to the Editor from the following coordinates:

Ambassador lee Emil Wanta
The Principality of Snake Hill Central Bank
Office of the Chairman
P.O. Box No. 488, Baulkham Hills
New South Wales 2153, Australia
Telefon: 202 379 2904 ext 001

[As previously noted, the English for Telephone is Telephone, not Telefon].

THE ‘PRINCIPALITY OF SNAKE HILL’ DECEPTION
The Principality of Snake Hill’ is a wholly spurious, fraudulent, poorly executed, tatty CIA virtual intelligence operation backed by a few stray ‘real’ background ‘facts’, which the perpetrators of this scamming programme, being amateurs in publicity matters, may at one time have assumed would be enough to give the operation credibility.

It is one of numerous fraudulent virtual or semi-actual ‘microstates’ worldwide representing yet another devious dimension of the World Revolution, which is designed to undermine the integrity of the nation state based on the ‘corporate’ principle of false duality which is the same principle as is used to perpetrate the ‘dual personality’ ‘corporate’ frauds that underlie officially supported clandestine revolutionary operations in the United States, Britain and Europe.

ILLEGITIMACY AND CRIMINALITY OF THE EUROPEAN UNION
In fact the most visible application of this ‘duplication’ (i.e., duplicitous, double-minded) fraud is the European Union Collective itself – an illegitimate entity which is not sovereign, came into being on the basis of fraudulent documentation that was never properly signed off in Rome, duplicates the functioning of the constituent national governments, and is routinely manipulated for revolutionary ‘corporate’ purposes. It is profoundly Leninist, operating on the basis, elaborated by Lenin, of dialectical duplication (9) .

• And yet it serves the geopolitical interests of GERMANY, and is based upon the Nazi blueprint published in Berlin in 1942 entitled ‘Europaische Wirtschaftsgemeinschaft’. The European Union Collective is the GERMAN ENTRAPMENT MECHANISM for the satrap European nations, and the Bush Sr.-DVD offensive against the United States is its conspicuous TWIN operation. The purpose of both operations is to PERMANENTLY DEFANG THE VICTORS OF BOTH WORLD WARS.

• Germany seeks its revenge, and the European Union Collective and the Bush-driven Financial Corruption offensive of which Wanta is a key long-range penetration agent component, are twin arms of the same long-range Abwehr strategic deception operation.

On 14th September 2009, an associate of ours paid, on our behalf, a cold call to the EU’s Court of Auditors in Luxembourg where he obtained direct reconfirmation that the European Commission’s accounts have NOT be signed off for the past 14 years running. Specifically, the official, Mr Geza Novacs, stated quote “the European Accounts have not been signed off (‘qualified’) for fourteen years or more” unquote.

• Here we have willing OFFICIAL CONFIRMATION by the European Union’s Court of Auditors of what we have been pointing out for ages.

The fact that the European Commission’s accounts have not been agreed by the Court of Auditors for the past 14 years consecutively, is known by the British ‘mainstream’ media, which has typically, irresponsibly and disreputably DONE NOTHING to draw attention to this criminality, the implications of which are as follows:

(1): Having filed fraudulent accounts and yet carried on operating with impunity for the past 14 years, the European Commission is a CRIMINAL ENTERPRISE.

(2): By definition, the EU’s Court of Auditors cannot ever again reach a stage where the European Commission’s accounts are approved. The main reason for this is that for last year’s accounts to be approved, the preceding year’s accounts would need to be approved, and the same would apply to the preceding 12 years’ accounts, WHICH IS PLAINLY AN IMPOSSIBILITY. Therefore, the European Commission will remain a CRIMINAL ENTERPRISE IN PERPETUITY (until the operation is folded).

• That means that all EU ‘satrap’ ‘Member States’ should sever their relations with it forthwith. If they don’t, they advertise that they, too, are co-conspirators in financial fraud.

(3): Governments of the satrap EU Member States are con-conspirators in this financial criminality because they are willfully delivering their taxpayers’ funds into the hands of a criminal enterprise, which is illegal. If they continue to do so now that this has been pointed out to them publicly, their own criminality will be severely exacerbated.

(4): This point was clarified for us by the Editor’s friend, Ashley Mote, who made it is his business, as his last initiative before ceasing to be a Member of the European Parliament (MEP) in June 2009, to draw this matter to the attention of the UK Serious Fraud Office (SFO). At the end of a three-hour meeting with a very senior member of the SFO’s top Directorate staff, the following exchange (as reported to us personally by Ashley Mote) took place:

Ashley Mote MEP: Can you tell me, have we been wasting each others’ time?

Senior SFO Director: Absolutely not. I am appalled by what you have revealed to me.

Ashley Mote: Would you agree that it is illegal for taxpayers’ funds to be paid into the hands of a criminal enterprise?

Senior Director of the British Serious Fraud Office: Certainly. I confirm that that is indeed the case.

AN AUSTRIAN JOURNALIST ECHOES OUR ANALYSIS AT LAST
Interestingly, our repeated statement on this website and in our publications that EU Court of Auditors officials CANNOT sign off on the European Commission’s accounts because if they were to do so they would incriminate themselves individually, has now been taken up (without credit, of course) by the Irish-Austrian journalist, Jane Burgermeister, who was reported on 14th September to have written [translation from the German text] in the context of the Second Irish Lisbon Treaty referendum scheduled for 2nd October possibly delivering a catastrophic ‘YES’ vote, contradicting the verdict of the sensible Irish people in 2008:

‘We face the prospect of an unelected EU President with unprecedented, dictatorial powers, checked only by a Parliament proven to be so corrupt that [the EU’s] auditors refuse to sign off on the EC accounts in case they incriminate themselves in massive fraud’.

PURPOSE OF THE ‘SNAKE HILL’ OPERATION: TO STEAL MONEY
This fake Principality of Snake Hill, which of course is not recognised by the Australian or by any other Government, is ’located’ close to Mudgee, northwest of Sydney. Please stay with us, because we will demonstrate that, as usual, this is a ‘corporate’ operation that exists solely for the purpose of stealing and diverting money.

One of the most disturbing dimensions of this deception is an imprecise indication of British Royal connections. These are tentative and spurious, but at the same time, the whole operation reeks of yet another scam perpetrated by US criminal intelligence, with possible rogue MI-6 input, against the British Monarchical Power, which is meticulous in its respect for the constitutional status and integrity of the established political sovereignty of all countries belonging to the Commonwealth, and especially of the great Dominions.

C.I.A. TREATS AUSTRALIA AS ITS OWN FIEFDOM
As previously mentioned, the criminalised US Intelligence Power (CIA) treats Australia as its own territory, figuring that the Australians are too besotted by ‘sport’ to know what has hit them. It is most certainly behind the campaign to replace the Monarchy in Australia with an endless parade of corrupt, third-rate, easily bribable presidents.

• The CIA seeks, or sought, to establish one or more ‘hidden’ offshore centres within Australia, from where it can steal already stolen monies exfiltrated for the purpose.

INCOMPETENT ‘VIRTUAL REALITY’ ‘SNAKE HILL’ WEBSITE
The website of the Principality of Snake Hill is both naïve in the extreme, and partially defunct. When you press some of the links – for instance, for the ‘Central Bank of Snake Hill’ – they don’t work: for good reason. The Central Bank of Snake Hill doesn’t exist other than as a virtual reality construct; and to the extent that it may represent that it does exist, no bank would ever deal with it.

Even though its purpose is to launder money, as it has no recognized status whatsoever. Indeed the ‘Principality of Snake Hill’ had slightly more substance a year ago, when a delegation of Bush Crime Family associates flew down to Australia drooling at this supposed opportunity to acquire tax-free status and property, than it has today, suggesting that this operation may have been closed down, or redirected, even though Wanta continues to ‘maintain’ it’s still functioning.

The naïve ‘Snake Hill’ website, which boasts a flag (sky blue on a navy blue Scandinavian cross on a white background), a motto {‘Finis Coronat Opus’ – ‘To complete the work of the Crown’ in Latin), and a fraudulent do-it-yourself coat of arms which is not recognized by the Garter King of Arms, proclaims as follows on its Home Page:

‘The Principality of Snake Hill was formed by peaceful secession from Australia on 2nd September 2003. It was necessary to secede from Australia because some of our properties and income were stolen, and the Australian and New South Wales governments did nothing to help us’.

A novel doctrine indeed! You have a dispute with the central and local governments that remains unresolved: so your township or village secedes and proclaims itself by virtual (electronic) means to be a sovereign nation state? Actually, this IS precisely what the World Revolutionary nutcases would be happy to see occur: let every dispute trigger the fragmentation of the nation state, or US States, or any other political territory.

The naïve text continues:

‘We were terrified we would lose everything’.

‘The Head of State is Prince Paul‘ [no further details – Ed.], ‘who is a very fair and democratic leader’. [Jolly good show! – Ed.].

‘Snake Hill is located close to Mudgee, which is northwest of Sydney. It is about 900 metres above sea level and is 1.6 square kilometres in size’ [Note: Australians don’t DO metres and kilometres: they do FEET and MILES].

‘As we are a religious state, our Constitution is based upon the Ten Commandments and other Biblical teachings’. [Problem: No Constitution text exists].

‘We have still not received any offer of compensation, restitution or reimbursement’.

The fake ‘religiosity’ line is contradicted by the symbol of ‘The Principality of Snake Hill’, which is a Crucifix around which is entangled – a serpent, representative of Satan. If it wasn’t for the sinister criminal theft intent of this operation, the naïve stupidity of what has already been divulged here would be more than enough for the subject matter to be dismissed out of hand.

There was an ‘original website’ which doesn’t function properly and a ‘second website’ which is no better and in fact breaks down altogether. The original website invites one to ‘visit the Church, University, Shop, Embassies, Bank and Post Office’ from our Links page, but as indicated only some of these links ‘work’, and the information revealed is both childish and threadbare.

APPROPRIATELY, YOU ARE GREETED BY A SNAKE
When you do manage to ‘bring something up’ (like a sorcerer) you are greeted by a SNAKE.

The ‘Shopping Centre’ (Centre spelt in British English mode) states that ‘all prices are quoted in Snake Hill Dollars as well as Euros’ – which don’t circulate in Australia: never have. ‘All businesses at Snake Hill accept Snake Hill Credit Card’. There is a list of virtual ‘goods’ and services – Snake Hill Real Estate, Handknitwear, Snake Hill Souvenirs, Snake Hill Car Rentals, Building Designers [normally referred to as ‘Architects} – Ed.) and Builders, Snake Hill Health Products, Snake Hill Boats, Snake Hill Ladieswear, Scarves and Ties, Sheets and Towels, Beads and Bangles, Timber and Hardware, Snake Hill Art Gallery, ‘Marketplace’, Snake Hill Bargain Store’ goodies.

The repeated reference to ‘Snake Hill Credit Card’ suggests a line of enquiry: are we looking at an element of actual, virtual or prospective credit card fraud (for hypothecation purposes) here?

Under ‘Snake Hill Real Estate’, a virtual map devoid of all details apart from generic virtual locations and suggestions of an airport and a ‘gas station’, is accompanied by: ‘Housing lots available now on very attractive terms. Please send email for details. Snake Hill Credit Card accepted. commercial district on long-term leases. Please send email for details. Snake Hill Credit Card accepted’ – the expectation doubtless being that there are enough terrified fools trying to hide ill-gotten gains who will ‘buy’ virtual real estate sight unseen, with or without a Snake Hill Credit Card (if it exists).

Leaving aside other web pages which proclaim the variety of ‘Snake Hill bird life’, the ‘very hilly topography with some cliffs’, the false Principality’s ‘rare stamps’ which are ‘for sale in beautifully presented display packets of 6 stamps’ (an attempt to exploit the inflatable prices obtainable from philatelists for ‘rare stamps’), we proceed to a statement that ‘the Principality’s Embassy in Australia is located at Castle Hill, which is a suburb of Sydney’ – although the separate listing of ‘Embassies’ makes no mention of any ‘Snake Hill’ Embassy to Australia.

Then we learn, all on the same flabby page:

‘It is possible for foreign nationals to apply for citizenship in the Principality of Snake Hill. Please contact us for details’. However if this is a Principality, the residents wouldn’t be ‘citizens’, they would be ‘subjects’.

‘At night the people of the Principality enjoy beautiful views of the night sky which is ideal for amateur astronomy’ [You don’t need to reside in Snake Hill to enjoy Australia’s night sky! And the prospect of ‘amateur astronomers’ flocking to ‘Snake Hill seems a far-fetched marketing gimmick].

‘Some popular activities:
Bushwalking, Bird watching, Fishing, Swimming, Enjoying the Beautiful Views’.

‘The Principality is a truly democratic nation where law and justice are upheld’ [‘Wunderbar!]

SUDDENLY, IT’S ‘THE PRINCIPALITY OF NEW WALES’
After wasting time absorbing this mixed-up, fabricated, superfluous tripe, one comes a cross a ‘Links’ page, displaying the blasphemous cross and the entwined serpent again. But instead of proclaiming here that we are dealing with ‘The Principality of Snake Hill’, the name of the virtual Principality suddenly becomes: ‘The Principality of New Wales’.

• In other words, this virtual ‘microstate’ can’t make up its own mind what its name is supposed to be, due to some deception glitch or other. Lousy, slapdash tradecraft again, eh?

The ‘Links’ – to Snake Hill Church [‘Meetings are held every Sunday and alternative Wednesdays], St Expedite Independent Catholic Church [‘St Expedite’? How about ‘St Leverage, St Hyothecate or St Theft? – Ed.], Snake Hill Post Office, The Bank of Snake Hill – do not work.

LIST OF NON-EXISTENT MAKE-BELIEVE ‘SNAKE HILL’ ‘MINISTERS’
There is a sordid display of ‘Litigation that led to our secession’. After something about ‘St Paul Ottawa Global [sic!] College & University’, which states that ‘SPOGC&U is a Global University with its own Royal Charter’ [no details, natch], the only remaining light relief here is the List of Ministers in the ‘Snake Hill Parliament’. This hilarious list consists of the following wholly make-believe ‘virtual’ characters, in order of their appearance, none of whom exist in real life [if they did, there would be more Barons and Baronesses squeezed into one square mile than anywhere on earth]:

• Prime Minister: The Right Honourable [British spelling] Sir Terence Tamba.
• Deputy Prime Minister and Minister for Finance: The Right Honourable Sir Mark Dockrey.
• Attorney-General and Minister for Foreign Affairs: The Right Honourable Sir Wayne Levick
• Minister of Immigration and Housing: The Right Honourable Sir Michael Vescio.
• Minister for Defence and Police: The Right Honourable Sir Jouni Ahola
• Minister for Permaculture and Forestry: The Right Honourable Sir Rodney Forshaw
• Minister for Ageing and Multicultural Affairs: The Right Honourable Sir Karl Hoermann
• Minister of Roads and Transport: The Right Honourable Sir Leigh Whitley
• Minister for the Arts: The Right Honourable Lady Faye [family name omitted!*]
• Minister for Education and Training: The Right Honourable Sir Norman [family name omitted!*]
• Minister for Health: The Right Honourable Lady Alexandra [family name omitted!*]
• Surgeon-General: The Right Honourable Sir R. L. Levene MD [No! MD is an Americanism!]
• Minister for Mental Health [sorely needed in this madhouse, one would have thought – Ed.]: The Right Honourable Sir B. A. Levene, Ph.D., ABPP [In the British Commonwealth, we don’t ‘DO’ the US style ‘Ph.D.; and ABPP: what does it stand for? Absolute Bunk Perpetrated Permanently? – Ed.] Board Certified in Clinical Psychology [another US usage]
• Minister for Industry, Tourism and Resources: The Right Honourable Sir Robert Scarff
• Minister for Community Services and Indigenous Affairs: The Right Honourable Sir Alan Rutland.

• In British nomenclature, you can’t have ‘Sir Norman’ or ‘Lady Faye’: It’s got to be ‘Sir Norman Snooks’ and ‘Lady Faye Garbage’, or whatever. This kind of ludicrous schoolboy howler again reveals yet more slapdash CIA deception tradecraft.

• FACT: As indicated above, none of these people exist in real life.

If you press ‘contact the Parliament’, nothing happens. Because there is no ‘Snake Hill Parliament’, brothers and sisters, and neither are there any ‘Snake Hill MPs’.

BUT: The American Ambassador to the fake, virtual ‘Principality of Snake Hill’ (no mention of ‘The Principality of New Wales’ here) and the Chairman of the fake ‘Central Bank of Snake Hill’ is listed as Lee Emil Wanta; while the fake Consul General is Mr Thomas Melville.

• The pathetic websites are full of bugs and malfunctioning links.

THE PURPOSE OF THE CRUDE WANTA EMAILS
As indicated above, Wanta was sending the Editor emails from the fake ‘Principality of Snake Hill Central Bank: Office of the Chairman’ as late as 12th September 2009. After the Editor discussed this on the open telephone line very shortly after his arrival in New York, these unwanted emails CEASED, as our telephone conversations are bugged by Fort Meade and Wanta will have received a phone call ordering him to remove Story from his garbage email list. No doubt ‘they’ realised that this nonsense was about to be exposed. What, THEN, was the purpose of those irrelevant emails?

The emails purported to ‘embed’ the crude concept of ‘The Principality of Snake Hill’ (a.k.a. ‘The Principality of New Wales’, presumably reflecting some deception twist) in the consciousness of targeted recipients who haven’t yet understood that the CIA’s ongoing ‘Operation Mockingbird’ programme to deceive the American people by controlling the ‘mainstream’ media has been vastly expanded by means of an immense Internet operation inter alia to substitute lying virtual reality for reality – the main purpose, as always, being to OBFUSCATE ONGOING, NEVER-ENDING FINANCIAL THEFT BY THE PENETRATED CRIMINAL INTELLIGENCE POWER, which is in thrall to German ‘Black’ intelligence thanks to its subservience to George H. W. D. V. D. Bush.

• Langley is not entitled ‘The George Bush Center for Intelligence’ BY ACCIDENT, you know.

‘WRAPPING HIMSELF IN THE FLAG’ FOR DECEPTION PURPOSES
While promoting the ‘Snake Hill’ fabrication, Wanta also uses these emails to ‘wrap himself in the flag’, celebrating everything American, ‘Americana’, ‘Our Great Nation’, American football, and any other sentimental stuff he can lay his hands on, intermingled with crude ‘Scripture lessons’, chain letters promoting shallow philosophical notions, and ‘sad American stories’ – all designed to mask the fact that, as exposed below, he is in reality a rabid, long-term enemy of the United States who is and has been systematically engaged, in collaboration with Godfather Bush Sr., in ‘taking down’ the United States from within.

THE PURPOSE OF THIS CRUDE C.I.A. ‘SNAKE HILL’ DECEPTION
The original purpose of the ‘Snake Hill’ deception was to establish a virtual entity with a virtual central bank that could be used by Wanta, on CIA/Bush Sr.’s instructions, to alienate the $4.5 trillion to Australia, so that the CIA/Bush Sr. could get their hands on the money.

Given the decay and lack of attention that has been paid to these two successive malfunctioning ‘Snake Hill’ websites (2003 and 2007), the likelihood is that this operation may have been essentially closed down – although this is contradicted by the evidence of the emails bearing the spurious ‘Snake Hill’ address which the Editor was receiving as late as 12th September 2009. It is possible that this deceit has outlived its usefulness but that Mr Wanta hasn’t been informed; or there may be some other equally nutty explanation.

• Another possibility is that the websites have been deliberately allowed to decay and malfunction, but that the virtual infrastructure for the intended diversion of funds remains intact. In that case, the purpose of the malfunctioning websites would be to throw the likes of US off the scent.

WHAT WE KNOW ABOUT THE BEHAVIOUR OF THESE SNAKES
Whatever the truth of the matter, the substitution of poorly executed virtual reality ops. for reality, leads the observer Through the Looking Glass (as is intended) and back again, and not much the wiser. Except that:

• We KNOW (because we know both Wanta and Melville) that this scamming operation is/was intended to facilitate a gigantic theft.

• We KNOW that ‘micronations’ are promoted through the United Nations and that ‘passports’ for ‘The Principality of Snake Hill’ have been issued. We understand that anyone entering Australia on a ‘Snake Hill’ (thus fraudulent) passport will, at the very least, be detained and required to obtain an Australian visa. He may be deported.

• We KNOW that the degree of cunning and arrogance displayed by these snakes is matched only by their inherent blindness to their own stupidity and by their poor execution and tradecraft, their pathological lying and inability to discern when their lies have idiocy associated with this lying which deceives them into assuming that they will always get away with their deceptions.

• We KNOW that these endless lies are ALWAYS associated with MONETARY THEFT. If you can somehow imagine what it is like to have stolen, or to have been an accomplice in stealing, funds belonging to others, you may be able to understand why these people continue with their lies and stupid games. Because, having committed or aided and abetted financial theft, they cannot turn back and are ‘locked into’ their own web of deceit. Wanta recycles the adjective ‘lawful’ for a reason: to cover up the fact that what he is addressing is or was UNLAWFUL.

• Since Wanta professes to be a Catholic, if not a Christian (the two being mutually exclusive in practice), he should be informed enough to be in a position to reflect that Christ condemned ALL LIARS, indicating that if they don’t repent, they face ETERNAL DAMNATION. This reveals that his ‘in-your-face’ religiosity is, like his fake ‘Americana’, just part of his cynical deception cover act.

MICRONATIONS AND HERITAGE SITES VS. THE NATION STATE
The ‘micronations’ operation serves the same purpose as the parallel plague of ‘Heritage Sites’. Naïve observers are pleased when, say, Durham Cathedral is ‘selected’ for UN Heritage Site status. What they don’t realise is that this is a deliberate, surreptitious, incremental strategy to pepper nation states with holes. All of a sudden, we will wake up to discover that swathes of national real estate are not national, but international, territory.

The same applies to these ‘micronations’. They are wholly illegitimate and spurious, are not recognised by any real nation state (although some are ‘registered’ with the subversive, globalist United Nations) and are designed precisely to pepper nation states with holes – that is to say, like every other dimension of the World Revolution, to destroy the nation state and property.

RE-EXPORTED AMERICAN FINANCIAL CORRUPTION
The revelations of this appalling financial corruption, exported by the decadent US Intelligence Power which has long since seized control of the Federal Government and the White House, have shocked the whole world, making all of us feel ‘dirty’ and ashamed of what these evil Americans and their stupid foreign associates have done to us. Given the reduction of cash money these days to electronic pulses, the scale of corruption exceeds all previous outbreaks of this scourge down the ages. So the fact that corruption is nothing new cannot legitimately be deployed, as some people do, to excuse what is going on at the highest levels today.

The complacent ‘cop-out’ view that ‘human nature has always been corrupt’, while accurate, is no excuse for sitting back and putting up with this dreadful state of affairs, which is much worse than ever before, because it is being perpetrated on such a colossal scale.

On the contrary, these and other exposures have severely wounded the odious, grasping and universally despised creatures who lord it over us, and who, in their arrogance, presumed that given their power, they could continue indefinitely to ransack the property of others in order to satisfy their repulsive avarice and to do as they liked – the mentality of George H. W. D.V.D. Bush Sr., the Clintons, and their associates, including Leo/Lee Wanta, who, given that he ‘works for’ Bush Sr., aids and abets their filthy, repetitive stealing operations.

SUCH CORRUPTION IS NOTHING NEW, BUT THAT’S NO EXCUSE
In the Middle Ages and earlier, the votes of Cardinals meeting in Conclave ostensibly to elect a new Pope were bought and sold like fish in a haddock market, while money flowed to Rome from all over Europe to back favoured candidates. Pope Alexander VI [1492-1503], also known as Rodrigo Borgia, bought the Papacy – another nest of historically endemic corruption, like the US Presidency today – with ‘villas, towns and abbeys… [and] four mule-loads of silver [transferred] to his greatest rival, Cardinal Sforza, to induce him to step down’.

• As one nineteenth century historian pointed out, “Few papal elections, if any, have been other than simoniacal [bought off for money]… The invention of the Sacred College [of cardinals] has been, on the whole, perhaps the most fertile source of corruption in the Catholic Church. Many cardinals went to Rome for the Conclave with their bankers’(10).

Nothing has changed over the centuries. Today, we have the recent example of an attempt to entice Michael C. Cottrell to collaborate in a scheme to pay Senator Charles Schumer on the basis of a letter signed by Wanta, a bribe for manoeuvring payment to Wanta – perhaps so that, inter alia, the $1.575 trillion tax payable on the notorious $4.5 trillion could be siphoned off, bypassing the US Treasury [not to be confused, in accordance with the revolutionary duplication methodology, with the Department of the Treasury]. This has been but one of innumerable schemes to procure the transfer of payable funds into the hands of George Bush Sr.

‘THE RULE OF LAW DOESN’T APPLY TO US’
For instance, while Wanta and Cottrell were staying (at Mr Cottrell’s huge expense – about $14,000 – to which Wanta contributed nothing) in hotels in Alexandria and on Staten Island in October and November 2007 [see Archive], Wanta was telling Mr Cottrell that it was not necessary for them to adhere to the Rule of Law as they would, once payment had been made, both be effectively ‘above the law’, and that the funds should be EXPORTED OFFSHORE.

It was when Mr Cottrell told Mr Wanta in no uncertain terms that he would have nothing to do with any such behaviour, that Wanta, in the treacherous, loyalty-free manner of Esau/Edom, went behind his back (a process he had started earlier) – making surreptitious phone calls in the hotel lobby, rather than from the hotel room, to Cheney, George Bush Sr. and others, seeking a way round the impediments placed in the way of their intended financial illegalities, by Michael C. Cottrell.

Yet Wanta had represented to the Editor of this service, and before the Alexandria Court on 19th October 2007, that he had applied himself to the task of repatriating the funds from the Executive Order 12333 offshore accounts – a task in which the Editor, equipped with his limited ‘information only’ Power of Attorney, had assisted Wanta when he had visited Lloyds Bank, Aylesbury, in April 2006 only to find that the Wanta corporate accounts had been transferred by, and into the name of, his corrupt CIA operative-Attorney, Jan Morton Heger, which Wanta knew all along. [see above].

CHINESE AND SWISS DENY THAT WANTA SHOULD EVER BE PAID
Unsurprisingly, given Wanta’s record of endless duplicity, theft and unreliability, we are informed that the Chinese authorities, the Swiss enforcers and their instructors, and, we also presume, the British Monarchical Power (still understandably smarting after the stealing or diversion of The Queen’s gold on 29th-30th March 2007 – an operation in which, we are now advised, Wanta was involved) are with one accord insisting that Mr Wanta is to be paid NOTHING AT ALL.

A FINANCIAL TERRORIST BENT ON AMERICA’S DESTRUCTION
In the view of VERY senior US intelligence sources who understand the gravity of this crisis, Wanta is a grievous ‘enemy within’ – a Financial Terrorist who, while falsely purporting to epitomise the image of a diehard American patriot, is in fact criminally engaged in facilitating, aiding and abetting the destruction of America by endlessly conspiring to divert, block and manipulate the Settlements.
His trail of empty email rhetoric, draping himself in the American flag and waffling about ‘Our Great Nation’, publicising Memorial Day or whatever, and issuing sentimental tracts on naïve ‘Americana’, is a ruse and a deception to mask the reality that this man is in fact a vicious enemy of the United States, bent on its total destruction in collaboration with America’s most dangerous enemy of all: George H. W. D. V. D. Bush.

After all, Wanta was dismissed by the British Monarchical Power in 2008, as soon as that authority understood that he could not be trusted – which is why the key Line Item was inserted in the Basel Payee List. It specifies that the relevant finnace is to be made available to the only world-class financial expert in the frame who can be trusted – Michael C. Cottrell, B.A., M.S. – for the purpose of financing the transparent, on-the-books, fully taxable Dollar Refunding Programme, to be operated out of London where the American criminal operatives cannot get their hands on the money.

PRIVATE SECTOR CREATES TAXABLE REVENUE; GOVERNMENT GENERATES ONLY DEBT
Given that the private sector generates taxable revenue, whereas the Government sector can only, by definition, generate ever-expanding volumes of unrepayable debt, which is what the Obama-Geithner-Bernanke team is recklessly doing, the G-7-approved US Dollar Refunding Programme, conducted in the private sector, could have averted the financial crisis and restored the US official finances on a permanent basis several years ago.

Instead of which, the Obama Administration has chosen to pursue profligacy for its own sake, fully aware that a sound financing solution exists which would solve all its problems.

This behaviour represents Financial Terrorism against the American people and all humanity.

Because the interests of the parasitical Wall Street institutions, of the grasping, penetrated and controlling US Intelligence Power and of the criminal operatives’ own pockets, take precedence in the eyes of these rats, to the interests of the American people and the Rest of the World.

MORE MEDIA OBFUSCATION OF THE CAUSE OF THE CRISIS
On 14th September 2009, The New York Times repeated the lie that the crisis was attributable to the collapse of the housing bubble (11) – a perverse delusion that is being deliberately fostered to obfuscate the vast Fraudulent Finance dimension, by the controlled and blindfolded ‘mainstream’ media, in collusion with the Obama Administration – a state of affairs that reflects the corruption of the media proprietorships themselves which have, in some cases, accepted huge bribes to keep the word ‘CORRUPTION’ out of their published reports.

WANTA’S OBSTRUCTIVE BEHAVIOUR FINALLY RECOGNISED
But the 3 foreign powers that matter now – the British Monarchical Power, the Chinese, and the Swiss – that are driving and insisting upon resolution of the Settlements on behalf not only of ransacked American payees but of the international community as a whole, have long since seen through the myriad ruses that have been and continue to be designed to use Wanta as cover to impede, delay and block the specified, G-7-approved on-balance sheet, private sector, transparent, on-the-books, taxable Dollar Refunding Programme which alone can salvage the situation.

The fact is that if an unspeakable catastrophe is to be avoided, this is the ONLY way forward. And the additional fact that the Obama Administration knows this, and is doing everything to prevent this happening, means that when the catastrophe materialises, these people will be blamed by the whole world because of their intransigence. We and others will make sure of it.

THE LIE THAT OBAMA IS ‘DOING WHAT IS BEST FOR AMERICA’
These highest-level internal enemies of the United States are not ‘doing what is best for America’, as some have proposed. On the contrary, to mask their complicity in preferring Fraudulent Finance over Sound Finance, they are willfully accumulating wholly unnecessary Treasury debt on a scale with no precedent, in order to cling to their perverse intent to stay in control of the COLLAPSING fraudulent derivatives sector – which is largely moribund and which the main Chinese authorities, effective 16th September, are bringing decisively under control by requiring their five big banks to refuse trading transactions with foreign banks other than on the basis of a Master Agreement.

THE FOOLS IN CHARGE TAKE INSTRUCTIONS FROM BUSH SR.
Far from ‘doing what is best for America’, the Obama crew – Geithner, Bernanke, Panetta, Mrs Clinton, et al – are, like Wanta, simply taking perverted instructions from Bush Sr., ostensibly on behalf of the Intelligence Power but in reality (so far as George Bush Sr. is concerned) in order to destabilize the system and to perpetrate Financial Terrorism against the American people and the Rest of the World – behind a smokescreen of false ‘recovery’ which the Chairman of the Federal Reserve Board, Dr Ben Bernanke, ‘Gatekeeper’ for the Bush-Clinton-CIA-DVD Financial Crime Syndicate, is perversely promoting.

BERNANKE’S ‘RECOVERY’ IS A LIE. A HUGE DOWNWAVE BECKONS
The Commonwealth of Pennsylvania is now closing its Library and Library Services because the Stimulus Money appears to have been diverted to the banks and into corrupt pockets en route, or stolen, and the State Governor has vetoed his Budget.

• The locomotive factory in Erie, PA, is sacking 1,000 workers because orders for locomotives have dried up. Reports of economic recovery are lies, perpetrated by Dr Bernanke, originally of German extraction, Bush’s reappointed ‘Gatekeeper’.

• They are predicated on the assumption that funds can be diverted through Mr Wanta and then taken both for private pockets and to finance the ‘Obama Recovery’, the purpose being to finance and perpetuate the Fraudulent Finance derivatives sector, contrary to the Basel List and to the Line Item instruction requiring payment to be made to Michael C. Cottrell, B.A., M. S., given that the long-range subversion agent Wanta was DISMISSED BY THE BRITISH MONARCHICAL POWER.

The downwave for which these Financial Terrorists, including Wanta, will be responsible if they don’t come to their senses, will be historically unprecedented in its severity – catapulting the United States to Third World status, in conformity with the long-range plans of America’s enemies.

Notes and References:

(1): World Reports Limited NEWS report dated 6th September 2009: Updated added 11th September 2009: see Archive.

(2): Commonwealth of Massachusetts: Certification of the formation of Marvelous Investments Limited on 3rd November 1998, by the Secretary of the Commonwealth, William Francis Galvin, dated 6th November 1998; signed by the Secretary, and sealed with the seal of the Secretary.

(3): Excerpted from the formation documents of Marvelous Investments Limited, Article VIII.

(4): Corporation Account authority document, page 1 or 2, carrying facsimile date of 6th December 1998, MIL/INTL Operations; and further facsimile details, dated 17th December 1998, held on file.

(5): Copy of page 1 of ‘Certified copy of certain resolutions…’ carrying a facsimile date of 6th December 1998, held on file.

(6): Email from Wanta to US Senator Bill Frist [senator.bill.frist@publicaster.com] dated Wednesday, September 14, 2005, 7:57pm. Held on file.

(7): Letter from Attorney Jan Morton Heger dated 17th July 1998 to Dit Berault, Bank of America: faxed copy from Jan Morton Heger to Admiral Lee Morris (Office of Naval Intelligence) released to the Editor of this service.

(8): Emails directed to the Editor of this service at his New York office email address, found on the computer on 11th September 2009. This New York email address is not used except for our Verizon connection, the ‘universal’ email address that we use being cstory@worldreports.org.

(9): Lenin and Trotsky duplicated everything – in exactly the same way that has developed in the United States and Britain. We have not yet explained this revolutionary methodology in detail. The underlying purpose of superfluous revolutionary duplication is to ensure that the ‘actives’ and criminal operatives stay permanently in control. In Lenin’s hideous Party/State, the structures of the Party and the State were replicated. Therefore, decisions taken by the State structures could be denied or neutralised by contrary decisions taken by Party structures, and vice versa.

• This principle was applied to overt ‘Socialist legality’, so that a ‘freedom’ identified in one clause of a given Article is contradicted in another – exactly the same principle as is routinely applied in the endless stream of sterile Rules and Regulations spewed out by the European Commission for rubber-stamping by the satrap Parliaments of the ‘Member States’.

(10); Dave Hunt, ‘A Woman Rides the Beast’, an exposé of the corrupt Catholic Church, Harvest House Publishers, ISBN 1-56507-199-9, 1994, pages 102-103.

(11): The New York Times, 14th September 2009, ‘Same Old Hope: This Bubble is Different’, Catherine Rampell, Business Day section, pages B1 and B6.

• This is the end of the New Report. Our Announcements and texts, including Legal Data, follow. See at the foot of the report for Internet Security Solution information, or scroll down the catalogue.

• OUR CAMPAIGN AGAINST THE STEALING OF OUR PUBLISHED WORKS AND BREACH OF
COPYRIGHT, AN OPERATION ORCHESTRATED BY THE C.I.A. TO ENTICE US INTO LITIGATION:

• On the morning of Monday 7th September, one of our associates walked into the offices of an operation in Utrecht, Netherlands, that had been engaged in the illegal stealing of the Editor’s work, published by Edward Harle Limited, entitled The New Underworld Order, which can ONLY be obtained legally direct from our London and New York offices and via this website [books section].

• Well over 10,000 copies of our book had been illegally stolen (downloaded) from mininova.com. The image of the book displayed on that website was cropped so that the ISBN ref: 1-899798-05-6 had been cut away, while the copyright page [page iv] was MISSING, indicating with crystal clarity that all concerned were fully aware that this represented a grievous copyright breach.

• Furthermore, the download text (of which we retain a complete paper copy and a pdf) was ADULTERATED. Confronted by our associate with a copy of the book, showing the cover and the copyright page, the Dutch perpetrators removed our book from their website immediately, thereby acknowledging the theft. The site in question deceitfully boasts that no material on their platform is copyright material, which is a brazen lie. We have other measures in store for this operation.

• Our associate rang the bell, knocked at the door, and then tapped at the window, in office hours. Personnel refused to let him into the building, but instead exited the front door and spoke to him in the street. Our associate showed our book to the two people who had emerged from the building, indicating that the front cover as shown on their website excluded the ISBN reference, and then opened the book at the copyright page. The personnel behaved in a somewhat shifty and rather insolent manner, accepted that they were in grievous breach of copyright, then retreated into the building, and proceeded to remove the adulterated version of The New Underworld Order from their website. By discourteously not allowing our associate to enter the building, they inadertently confirmed that the operation is an intelligence front. Very shabby, second rate tradecraft.

• A similar crooked entity in the Geneva area in Switzerland has stolen nearly 1,300 copies of our work, The Perestroika Deception, by the Soviet defector, Anatoliy Golitsyn, edited by Christopher Story, in which we hold world rights. The copyright belongs to Anatoliy Golitsyn. There will be repercussions from these brazen revolutionary thefts of the intellectual property of others.

• This places perpetratrors of these wanton thefts, which are designed to put smaller publishers out of business so that only the doctored, ‘politically correct’ ‘line’ on any sensitive subject stays in the public domain, on notice that we will take UNCONVENTIONAL MEASURES to close down this impertinent menace so far as we are concerned, and that we will make sure that perpetrators are shamed and named by all means at our disposal. As for the US Intelligence Power, you are also placed on notice that we will expose your dirty tricks and your snide attempts to inveigle us into financially destructive litigation. Your dirty tricks stink in the nostrils of the whole world.

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!

HOW TO HANDLE OUR KNOWLEDGE OF THESE EVIL PEOPLE
‘Fret not thyself because of evil-doers, neither be thou envious against the workers of iniquity.
For they shall soon be cut down like the grass, and wither as the green herb’.
Psalm 37, verses 1 and 2.

‘The wicked plotteth against the just, and gnasheth upon him with his teeth. The Lord shall laugh at him: for he seeth that his day is coming. The wicked have drawn out the sword, and have bent their bow, to cast down the poor and needy, and to slay such as be of upright conversation. Their sword shall enter into their own heart, and their bows shall be broken’. Psalm 27, verses 12-15.

‘I have seen the wicked in great power, and spreading himself like a green bay tree. Yet he passed away, and lo, he was not; yea, I sought him, but he could not be found’. Psalm 37, verses 35-36.

‘The transgressors shall be destroyed together; the end of the wicked shall be cut off. But the salvation of the righteous is of the Lord; he is their strength in the time of trouble. And the Lord shall help them, and deliver them; he shall deliver them from the wicked, and save them, because they trust in Him’. Psalm 37, verses 38-40.

JAMES THE BROTHER OF JESUS ON FINANCIAL FRAUD:
‘Go to now, ye rich men, weep and howl for your miseries that shall come upon you.

Your riches are corrupted, and your garments are motheaten.

Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by FRAUD, crieth; and the cries of them which have reaped are entered into the ears of the Lord….

Ye have lived in pleasure on the earth, and been wanton; ye have nourished your hearts, as in a day of slaughter. Ye have condemned and killed the just; and he doth not resist you’.
James, Chapter 5, verses 1-6.

• INTERNATIONAL CURRENCY REVIEW: Volume 34, Numbers 3 & 4 was published on 14th August and was being mailed worldwide on Monday 17th August 2009. It contains our devastating blow-by-blow reporting of astonishing behind-the-scenes events tearing the lawless intergovernmental environment apart, where anything goes, assets are ‘diverted’, and no-one is responsible.

However, as a specific consequence of these exposures, the net is decisively closing in on ALL criminalist financial operators, both within notorious official structures and in the international financial community, as is becoming clearer by the day. This 592-page report on what has been happening behind the scenes is now being lodged in places ‘where it matters’ around the world, which means that it is impossible for a veil to be drawn over this financial criminality, EVER.

• 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. Or press the live Donate link at the top right-hand corner of this page. See also the ADVERTISEMENT below.

• The Editor’s $35,000 Wanta bail-out LOAN money plus interest has been stolen. This has not been denied for all the time that this true statement has been posted at this location! Wunderbar!

• 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: The Editor and his companies have taken measures to obtain protection and recompense for the gross breaches of the 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].

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:

• “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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