TRUSTEE WHO DECEIVED THE EDITOR FOR TWO YEARS, REPORTEDLY ‘TAKEN DOWN’
(...)
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• NEW REPORT STARTS HERE:
CRIMINAL GANG HOLDING THE WORLD TO RANSOM ARE ON THE ROPES
New York, 25th October 2008: In the following report, it will be
conclusively proven that the world has been held to ransom by an
international gang of geocriminal financial operatives and their
corrupted, co-conspiring banking sector associates bent on ransacking,
pillaging and stealing every financial balance they can lay their hands
on, with what they assumed was impunity.
This is first and foremost a geocriminal crisis, as will be further
exposed when we publish a special report, currently in preparation,
demonstrating the serial illegality of the securitisation processes
attaching value to diluted fake ‘assets’ that have no underlying value
whatsoever. This report will be published as soon as possible, and this
side of Christmas.
Meanwhile it is shown below that the forces of law and order are
progressively decimating the ranks of these rats, who were all
originally energised by the George H. W. Bush Sr. criminalist network,
reporting to the pan-German Nazi long-range strategic deception
Continuum based in Dachau, near Munich (Deutsche Verteidigungs Dienst
or DVD).
The ‘smoking gun’ link in this chain of criminality is the female
operative named Angela Merkel, the German Chancellor, who was formerly
the Secretary of the Agitation and Propaganda Department of the Young
Communists at Marx-Lenin University, East Berlin.
This STASI/DVD operative is reported to us to have been receiving
bribes arranged by George Bush Sr. for the past four years, in exchange
for which she is required to guard his proceeds of financial crime held
in accounts with Germany’s largest financial institution.
George Bush Sr.’s financial fraud technician-in-chief has all along
been Dr Alan Greenspan, a Dark Actor Playing Games, whose acting skills
almost deserted him completely when he appeared before a House of
Representatives Committee on 23rd October.
Faced with the toughest grilling of his career (which was nothing like
tough enough), Dr Greenspan pretended that he was ‘in a state of
shocked disbelief’ at what has happened, when of course what he
actually meant was that he is in a state of shocked disbelief that he
got caught. His continuing intransigence has resulted in some of his
closest associates being physically liquidated between 30th September
and 2nd October, when he was told that ‘if you continue blocking the
Settlements, you’ll be next’. Apparently these hardened criminals don't
think or reason like the rest of us.
His stance, for public consumption, in the face of having been caught
out, is to affect shock and disbelief, mingled with a touch of ‘gaga’,
as though he’s completely beyond his sell-by date and hasn’t much of a
clue about what’s going on any more. He was awfully quiet on that
occasion, whereas normally he runs rings round the legislators.
Greenspan's testimony on 23rd October gave new meaning to the word
‘hypocrisy’, and he showed no remorse whatsoever for having been the
primary mover in decimating the lives of millions of people around the
world. Basically he said that he made a small mistake, whereas in
reality, as the whole world that matters, knows full well, he stole
money on a gargantuan scale. Don't email us and ask why he's still at
large: we cannot possibly answer such a complex question.
Further, since at least 10,000 of his banking and other co-conspirators
have ‘gone down’ (either to jail or the grave) since these criminals
were cornered in 2006-2007, his own prospects are, shall we say, dismal
in the extreme. This also applies to a number of very well-known
figures on the stage, as will become apparent over the course of time.
In this analysis, too, we will again observe the ‘rats in a sack
syndrome’, which gives all of us great hope for the future. This
presupposes that criminals always fall out among themselves: they
always turn on each other, since none of them can trust any of their
colleagues or peers.
This is now happening on a scale that has never occurred before, and
the tensions created by these divisions are even filtering into the
consciousness of the ‘mainstream media’, which still appears to have
little idea of the underlying causes of this crisis, and is simply
regurgitating the pabulum fed to it by the directors of this theatrical
snake dance.
For instance, The Times of London is running a blog designed to
encourage people to answer the question: 'What caused the crisis?'
There wouldn't be much point in telephoning The Times to point out that
the answer to this question is emblazoned all over this website,
because journalists on these newspapers invariably know better than the
experts. Besides, there is another, rather more insidious, reason why
they won't bother to do their due diligence on this score [see below].
MACRO-SUMMARY OF WHAT HAPPENED FROM SEPTEMBER ONWARDS
From 6th September 2008 onwards, certain measures were taken in Britain
to provide highest-level authorities with documented information that
enabled them to ‘connect the dots’ with respect to the background to
the blocking of the Settlement funds.
These consist of the $6.2 trillion loan provided by Her Majesty the
Queen and Prince Al-Aweed al-Talal of Saudi Arabia, plus $7.8 trillion
loaned altogether by the Chinese. These loans are for the wholesale
Settlements; and these are the loan funds that have been BLOCKED from
distribution and illegally exploited to sustain the Wall Street and
foreign banks’ carousel, enabling all of the banks involved to collect
fees as the leveraged money circulates among the institutions.
• The funds were moved to the United
States because the Settlements are payable in US dollars.
• FACT: CRIMINAL BLOCKING OF THE
SETTLEMENT IS RESPONSIBLE FOR THIS CRISIS
On Saturday 25th October, suspicion was focused on 'Paulson', who was
reported to us to be again blocking the payouts. These geocriminalist
operatives take turns to block the Settlements.
The $14 trillion has been sitting in Treasury suspense accounts with
the same custodial group for months, earmarked to finance the wholesale
Settlements. It has, as noted above, been illegally BLOCKED and misused
by the Bush-Greenspan-Paulson-Clinton geocriminal ‘Syndicate’ which is
holding the whole world to ransom, and couldn't care less about the
suffering it has caused.
In addition to the documented information referenced above, certain
advice was proffered to the highest levels in London, to the effect
that, since the wholesale Settlements were STILL being blocked, only a
stance of reinforced steel would be liable to yield the necessary
results.
Within a matter of days, the $14 trillion were placed in LOCKDOWN by
order of two Heads of State (the British and Chinese), the practical
effect of which was that the ‘real money’ underpinning the financial
carousel was suddenly no longer available: whereupon the financial
carousel suddenly stopped on 19th September. The music stopped.
Ever since then, the global crisis for which the geocriminals headed by
the Bushes, ‘Paulson’ and Dr Alan Greenspan are explicitly responsible,
has been getting steadily worse and worse, as the Europeans have made
it plain that they have had enough of this criminality: so, with the
carousel halted, the volume of defaults is increasing all the time,
while ‘Paulson’ throws new money at the problem (which he is able to
do, to a certain extent), to no effect as the hole is growing ever
wider.
• Like a gambler in a casino hopelessly
trying to recoup his immense losses by gambling more and more,
‘Paulson’ (proxy now for the US authorities who thought they would
never be found out), is pouring more and more 'new' money into the
system: and yet the defaults are exploding and will continue to go off
like grenades for the foreseeable future, so that he can never hope to
catch up.
Faced with this situation, the two nearly defeated but still typically
arrogant US criminalist co-conspirators, Messrs ‘Paulson’ and Bernanke,
appeared before Congress and tried to ‘bounce’ it into coughing up
$700+ billion of emergency appropriations on demand, even threatening
Martial Law if Congress demurred. When Congress naturally baulked at
this arrogance, there followed the two weeks of theatrical activity
parodied in our ‘sausages’ metaphor report.
The ‘new money’ was ‘needed’, in reality, to underpin the financing
carousel that had suddenly stopped circulating; but in the meantime,
since the carousel had stopped, the financial markets descended into
chaos while the politicians and the representatives of the criminalist
Executive squabbled over their sordid pork-barrel document which duly
grew to well over 400 pages, a significant proportion of which have
never been published. Final ‘agreement’ on the legislation satisfied
the stock markets for a just couple of days, after which they reverted
to chaos mode.
One likely reason for this is that that a hedge fund located in Grand
Cayman linked to prominent figures may have received a proportion of
the final pork-barrel $780 billion of US taxpayers’ money to provide
the basis for a brand new 'funny money' financing platform, which has
been 'Paulson’s' objective all along. These people are still
fantasising that they can exit from Government with the finance that
they ‘need’ to restart their own ‘refunding’ and trading carousel,
after leaving office.
• This is a fantasy because most of these
people face a bleak future that ‘they never anticipated’.
DUPLICITOUS BUT SUBDUED GREENSPAN BAMBOOZLES CONGRESS AGAIN
In his testimony before Congress on 23rd October, Dr Alan Greenspan,
far more subdued than usual, and facing the continued prospect of
arrest, nevertheless resorted to his familiar smooth verbiage to
describe what has happened, which of course made no reference
whatsoever to the fact that he is himself the architect and originator
of the fraudulent finance that underlies the worst financial crisis in
world history – a crisis that was predicted by this website.
• This smooth verbiage included the
following:
‘This crisis has turned out to be much broader than anything I could
have imagined’ (unspoken: I never imagined it because I thought the
music would continue for ever, would never stop, and I could keep on
stealing, stealing, stealing). ‘It has morphed from one gripped by
liquidity restraints to one in which fears of insolvency are now
paramount’.
‘The evidence strongly suggests that without the excess demand from
securitizers, sub-prime mortgage originations (undeniably the original
source of the crisis) would have been far smaller, and defaults
accordingly far lower’.
As will be seen, all that Greenspan did here was to describe the
situation in general terms, offering no solutions and deflecting
attention from his own culpability while at the same time perpetuating
the CIA ‘slide’ that the crisis stemmed originally from the ‘sub-prime
mortgage meltdown’.
The only element of that last statement that is true concerns the fact
that when the ‘taster’ low-interest period of certain mortgages ended,
very large increases in monthly payments proved impossible for
lower-income householders to finance. However the real financial
scandal buried inside this ‘slide’ is that the mortgage bank
prospectively gets paid FOUR TIMES per mortgage:
Payment #1:
Down payment and subsequent income stream from the householder granted
the mortgage.
Payment #2:
A discounted payment from the ‘mortgage collectiviser’ (such as Lehman
Brothers or Bear Stearns) which buys the mortgage at a discount from
the mortgage bank and then sells it on to Fannie Mae or Freddie Mac,
which then places the mortgage in a trust, which then creates
Collateralised Debt Obligations (CDOs) after collectivisation with
other mortgages (or even with dud paper), and then splits the CDOs into
tranches, which are then multiplied creating a ‘basket’ of pools of
tranches which are sold off to institutions, especially carousel
participating institutions abroad which didn’t originally do their due
diligence, with the resulting avalanche of completely worthless assets
being propped up alone by the NAMES OF THE INSTITUTIONS marketing them.
Of course, from the earliest stage of this avalanche, the owners of the
‘assets’ beyond the original mortgage bank have sold them ‘without
recourse’ to the holder of the original mortgage.
Therefore, if the mortgagee defaults, so that the ORIGINAL asset has
become worthless, none of the parties ‘downstream’ is any the wiser.
They just keep on marketing successive tranches of these fake ‘assets’
ON THE UNCHECKED ASSUMPTION that the original mortgage is still intact.
• For Greenspan, who was arrested in June
2007 and held under house arrest/in jail for three weeks to bring him
to his senses, to tell Congress that he ‘couldn’t have imagined’ this
being the case, is TYPICALLY SELF-SERVING and UTTERLY OUTRAGEOUS.
Payment #3:
Since the bank continues to hold the associated Universal Commercial
Code 1 document that goes with the original mortgage and does not
‘travel’ with the subsequent hypothecations, the bank is in a position
to sell the mortgage a second time, to a third party (which starts the
replication process beyond the mortgage bank all over again).
Payment #4:
Finally, the bank of course continues to demand the repayments from the
mortgagee. Should the mortgagee default, and foreclosure occurs, the
bank hopes to be in a position to repossess the property, whereupon it
becomes a realtor and proceeds to sell it or to provide a mortgage
against it from scratch (which would open up a further three
prospective payments for the mortgage bank in accordance with the above
sequence).
In such cases, people facing repossession should, as we pointed out in
our report dated 26th December 2007, demand that the TOP COPY of the
mortgage document be presented to the Court.
Since the bank has sold the mortgage on, it may not be able to comply
with this demand, in which case the repossession should be adjudged to
be null and void.
• A related scam associated with this
scandal here is that mortgagees may have been asked to sign THREE TOP
COPIES of the mortgage documents, which of course greatly facilitates
the proliferation of this fraudulent financing scam scenario.
At the IMF/World Bank Group Annual Meetings held in Washington, DC, in
2007, Dr Alan Greenspan gave the prestigious Per Jacobssen Lecture. The
security surrounding this event was far greater than the generally
heightened level of security always evident at these meetings nowadays.
Specifically, several lines of jackbooted police thugs stood in
parallel along the street close to the IMF headquarters buildings,
while all the compliant financial sector guests, on a strictly
‘Invitation Only’ basis (contrary to earlier custom for the Per
Jacobssen Lecture) crowded into the auditorium to hear the words of
wisdom cascading from this smooth financial criminal’s duplicitous
lips.
No doubt none of the bankers who attended on that occasion in 2007 gave
a moment’s thought to the reality that by following this world-class
criminalist pied piper, they had become liable as co-conspirators and
accessories to the fact of the biggest rolling financial scamming and
hijacking operation in world history, and that due to their greed and
sheep-like stupidity, many would find their institutions in severe
difficulties a year later.
As mentioned above, at least 10,000 of these people have vanished
behind bars or worse, while a certain number of Dr Greenspan’s closest
associates ‘are no longer with us’; and yet even as this report is
being published, the solution to the crisis, in the format of the
Settlements payouts from the $14 trillion that remains in lockdown, is
STILL being blocked.
CONSEQUENCES OF PAYING OUT THE SETTLEMENT FUNDS
To revert to the wholesale Settlements: Payment of the wholesale
Settlement cash funds, currently in LOCKDOWN due to certain events that
we cannot go further into and that took place in Britain in early
September 2008, will elevate all recipients of such funds to ‘primary’
status, while ‘degrading’ other $ monies, since the $14 trillion is in
fact the only cash-cash money in the world.
Further, activation of the G-7-Approved Refinancing Program – the
previously referenced agreed-upon on-the-books fully taxed and 100%
transparent limited private sector Capital Markets trading operations –
will deliver massive ongoing ‘windfall’ tax receipts to the US
Treasury, bringing to an end the century-long one-way deficit-financing
orgy that has all but destroyed the United States and which ‘Paulson’
and the other US financial criminals want to continue. Why is that?
Answer:
• Because with the reversal of the one-way
deficit-financing orgy, there won’t be a lot for the likes of Goldman
Sachs, which has grown fat and arrogant on the back of this one-way
deficit-financing binge – to do. The fact that it is conspicuously in
the interests of the American taxpayer for the G-7-Approved Refinancing
Program to be implemented, is of no interest to these criminals, who
place the interests (in this case) of Goldman Sachs above the interests
of the American people.
On 22nd October [see bellow] it transpired that some problem or other
at the corrupted Bank of England had arisen, again blocking the
payouts. The Bank was reported to have been ‘not ready’. However Prime
Minister Gordon Brown was sharply reminded from the highest level that
if he stood in the way of the Settlements, he would be removed from
office [see below].
When setting up the criminal finance carousel and ‘Never-Pay Syndrome’,
Greenspan and Bush Sr. et al. chose the United Kingdom as their Master
Platform.
The consequences for Britain of having allowed these criminals to use
the City of London and the British financial sector generally as their
Master Platform are already, and will continue to be, quite
devastating. The pound has already collapsed by between 48 and 52 cents
from its peaks of $2.0457 per UK£1.0 on 10th December 2007,
$2.0311 on
12th March 2008, and $2.0036 on 15th July 2008, and is now below $1.53
[Friday 24th October]. It could fall further, for reasons now explained:
PERVERSE, WRONG-HEADED EUROPHILE IDEOLOGY HAS DESTROYED BRITAIN’S
ECONOMY
Britain has been comprehensively ‘enronised’ (hollowed out) as a direct
consequence of the crass policy of entanglement with European schemes
perpetrated by successive indoctrinated cadres in all three main UK
political parties and within the Intelligence Power that controls them.
Their internationalist ideology presupposes not only the
collectivisation of all national interests (even though British
politicians inconsistently continue to talk about the national
interest), but that in a ‘Common Market’, it is neither here nor there
whether the Germans and/or the French acquire ownership of British
national assets such as the engineering and nuclear industries.
• As an international socialist, Brown
couldn’t care less about such issues. Such revolutionaries have chips
on their shoulders the size of the pyramids.
All the British political parties are mesmerised by this catastrophic
‘European policy’, which in practice represents capitulation to
Germany, in specific conformity with the blueprint set out by Nazi
intellectuals in their seminar compendium entitled ‘Europäische
Wirtschaftsgemeinschaft’ (the ‘European Economic Community’) published
in Berlin in 1942, then elaborated by the Nazi German Geopolitical
Centre in Madrid in the early postwar years, institutionalised by the
Treaty of Rome establishing the European Communities, and replicated
via the Maastricht Treaty of 1992, the chapter headings of which are
almost identical to those of the 1942 Nazi compendium.
The country’s industrial base has been decimated as a specific
consequence of this crass policy; and even today, the present
internationalist British Government and the greedy City of London are
blithely engaged in selling off as many of the country’s real assets as
possible. In addition to those assets sold off to the Germans, as
summarised in our DVD exposure of 20th September, the Brown Government
has consented to the acquisition of Britain’s nuclear power industry by
Electricité de France (EDF), an asset of the French Government
which is
bound to Germany in perpetuity under the 1963 Treaty of the
Elysée
procured by General de Gaulle and the Hitler-era Mayor of Cologne, Dr
Konrad Adenauer. [For further details and background, see below].
Most cars seen on British roads nowadays are German or French, the
country’s once-thriving national motor industry having been sold off to
foreigners.
Meanwhile the greedy City of London, on which the economy has therefore
had to rely excessively for income, has been taken to the cleaners
given that the geocriminalist syndicate has used Britain as its Master
Platform, so that the inevitable total unravelling of the fraudulent
finance derivatives scamming operation organised by the
Greenspan-Bush-DVD/CIA-1 strategists will leave the City of London
severely thinned out and less able than ever to fill the massive
financing gaps arising from the headlong, DVD-masterminded
de-industrialisation that has taken place as a consequence of the false
European prospectus embraced by ignorant ideologues littering the
political landscape.
A glance at some of the British numbers makes sick-making reading. In
respect of the country’s international investment position, British
nominal assets abroad rose from $2,782.92 billion in 1996 to $12,882.05
billion in 2007, while the country’s liabilities abroad increased from
$2,877.12 billion to $13,697.08 billion. Thus the country's net
external investment deficit ballooned from – $94.2 billion, to –
$702.06 billion. By contrast, on lower turnover, Germany’s net external
investment surplus over the same period rose from $89.54 billion to
$951.88 billion.
• The United Kingdom's accumulated
merchandise trade deficit between 1996 and 2007 inclusive amounted to –
$943.64 billion, while the current account deficit reached – $473
billion.
Despite shallow talk by pundits about inflation not being a threat, the
heavily massaged official year-on-year consumer price inflation figure
for July 2008 was already +4.4%, with overall UK producer prices up by
6.7%. The assumption is that with oil prices heading towards $50 per
barrel compared with their peak of $143 per barrel, inflationary
pressures will abate.
However since the pound has depreciated from its peaks by more than 25%
and has much further to go in our view, and the UK Government has
poured vast non-existent fiat resources into the financial sector to
prevent it from collapsing after the financing carousel halted, and
monetary expansion was already vigorous by July (year-on-year M1 was up
by 8.2% and M4 by 11.0%), the money-printing spigot has been unscrewed,
so that price inflation remains a severe threat.
• This will remain true even though the
British economy is now in recession, having contracted by 0.5% in the
third quarter of this year.
The threat is exacerbated by the fact that the Brown Government, which
of course failed to do anything whatsoever to curb the financial
excesses, let alone to stop Britain being used as the geocriminalists’
Master Financing Platform, has, via its knee-jerk response to the
crisis, expanded its panic-driven deficit-financing to an unprecedented
degree, creating a hideous burden for future generations. Additionally,
UK domestic credit expanded from £961.48 billion at the end of
1996, to
£2,638.87 billion in December 2007, representing an increase of
£1,677.39 billion, or an average £152.49 billion expansion
of domestic
credit recorded in the real economy per annum.
Since the county is running huge structural balance-of-payments
deficits, this credit is based on NOTHING WHATSOEVER. And of course
these data exclude all reference to the colossal mountains of
derivatives-sector ‘funny money’ assets held off-balance sheet and
offshore, some of which has been leaking into the ‘real’ economy and
therefore surreptitiously onto the books via the banks.
LONDON ‘LOCK BOX’ RAIDS YIELDED THE DECISIVE EVIDENCE NEEDED
Flashback to 2nd June 2008, when the Metropolitan Police, headed by
Deputy Assistant Police Commissioner John Yates, raided three ‘safety
lock box’ centres in London (Mayfair, Edgeware and Hampstead), with the
assistance of 300 heavily armed police.
• It will be recalled from our reports at
the time that Yates made sure that the mainstream UK and foreign print
and broadcast media were present with their TV camera assets and
photographers to witness the scene when the police raided the Mayfair
establishment.
He did this by careful prior design, in collaboration with 'other
authorities', in order to send a clear signal to the geocriminal cadres
that the game was up, and that the British authorities held all the
evidence arising from the fact that Britain had been used as the Master
Platform. The stolen and other collateral assets were therefore held in
these London 'safety lock boxes', as well as with a number of selected
financial institutions offering custodial services.
• FACT: The ‘safety lock boxes’ were used
to store the stolen and other collateral and assets used as base for
the geocriminal financial operations orchestrated by the
Bush-Greenspan-CIA-1/DVD geocriminal octopus, using the United Kingdom
as their Master Platform.
• We repeat: Britain has all along been
used as the primary Master Platform from which these fraudulent finance
operations were launched. This can only now be revealed.
The raids on the ‘safety lock boxes’ will have taken much careful
preparation, especially given the presence of 300 armed police,
indicating that the sheer momentum for the end-game triggered by our
exposures could not be ignored and had to be acted upon in London,
given that the criminal activities were run out of the British capital.
And of course the fact that the Metropolitan Police needed 300 heavily
armed police as cover SPEAKS FOR ITSELF.
• After all they were confronting the most
ruthless gang of professional fraudsters in history.
The criminalist cadres miscalculated, on the assumption (a) that ‘none
of this would ever come out’ (1) and (b) that in the unlikely event of
exposure, a British Government, elements of which will have been
compromised, would have preferred to adhere to the criminalists’
omertà
regime, rather than to institute vigorous measures to cauterise the
financial corruption.
Bad mistake. Because Deputy Assistant Metropolitan Police Commissioner
John Yates was the top policeman who masterminded investigations into
the notorious ‘cash for peerages’ scandal during the Blair era,
bringing forward evidence of corruption which he was later prevented by
political pressures from taking any further.
It is most unlikely that such a fine upstanding policeman would have
been prepared to take this lying down. Accordingly, we suspect, Yates
was all the more determined that the (probably linked) investigations
into the ‘safety lock boxes’ would be pursued with great determination
and that no steps would be spared in connection with this operation.
Hence the quite unprecedented presence of 300 armed police and the
equally unprecedented UK and world media and TV presence, which was
very deliberately intended to ensure that the whole world, ‘where it
matters’, would be informed that the game was now well and truly up.
AND THAT IS PRECISELY THE CASE. Everything that has happened since the
British ‘safety lock box raids’ has followed on directly from this
historically unprecedented takedown, which has placed the irrefutably
relevant evidence into the hands of judicial authorities in the
relevant countries.
THE IMF'S HINT THAT THEY KNOW ALL ABOUT THE CORRUPTION (OF COURSE)
Following the inadvertent acknowledgement by Herr Peer Steinbrück,
Germany's Finance Minister, at a German Press Conference on 10th
October 2008 attended by your correspondent at the Annual Meetings of
the International Monetary Fund and the World Bank Group, to the effect
that he knew all about the Settlements crisis and the related
criminality, the Editor picked up a further reference, somewhat more
oblique, at a later Press Conference in the auditorium off the Press
Room.
Specifically, Mr Lipsky, the First Deputy Managing Director of the IMF
(the guy with the handlebar moustache), alluded, in the Editor’s
presence, to ‘certain issues which for various reasons I won’t be
discussing today’ – a reference which, of course, the somnolent
‘mainstream’ media hacks who were present, failed to pick up on:
perhaps because they were mainly Germans.
At these so-called press conferences (actually, monologues), one is at
the mercy of having to catch the eye of the convenor on the platform:
and such people are notoriously wayward, indicating their assent by a
nod and then calling on another journalist instead.
THE GEOFINANCIAL FRAUDS COULDN’T BE MENTIONED, OR THEY’D HAVE TO RESPOND
An interesting fact that has been drawn to our attention is that the
authorities of countries that have been raped and pillaged by the
cornered Bush-linked geocriminalists face the apparent problem that
they ‘cannot’ mention the criminal activity in public, because if they
do, they would have to take open measures to deal with this offensive.
Since so many foreigners have been corrupted by this vast DVD-sponsored
operation, they are supposedly constrained in this respect (we are
advised, although of course we do not agree with this feckless
attitude). So, at the IMF/World Bank Annual Meetings, for instance, NO
open reference to the true cause of the crisis was ‘permissible’:
instead, the participants were all walking around the elephant. The one
thing that COULD NOT BE MENTIONED was the US high-level corruption.
For ‘insider’ consumption among the corrupt élite, the excuse
for not
tackling the real cause of the crisis head-on, appears to have been
that ‘this is a private matter between The Queen, the World Court and
President George W. Bush Jr.’ (The Queen being the greatly injured
party, of course). The Chinese parties, working closely with the
British, also have a very severe grievance.
However this omertà convention (evident from the rude put-down
of the
Editor of this service delivered by the Banque de France
representative, as previously reported) merely invites the justified
accusation that every single one of these people on the stage is de
facto (or in reality) a co-conspirator and an accessory to the fact of
historically unprecedented financial criminality and of FINANCING
TERRORISM. If they know about it, they are de facto a party to it.
That explains why so many of these people look terrified: and with good
reason, as more and more of them are arrested without any warning. They
are terrified, too, of the Editor of this service, whom they loathe,
and likewise with ‘good’ reason. In the European arena, the arrested
financial sector fraudsters have been convicted under ‘robust’ EU
anti-terrorism legislation, which specifies that money laundering and
financial fraud constitutes ‘financing terrorism’ [see below].
In an interesting confirmation that the British Anti-Terrorism Act is
being extensively deployed to combat this financial corruption, the Act
was used to freeze all accounts with Icelandic banks, and to order
financial institutions to cease processing transactions connected with
Iceland. The UK Government appropriated assets with Kaupthing two weeks
ago. Geir Haarde, the Prime Minister of Iceland, said on 24th October
2008: 'We still do not know what prompted the British Government's
shameful decision to put Iceland on a 'terror list' and apply terrorist
law to freeze Icelandic assets in Britain'. His Government is
considering suing Britain over the appropriation. However it will get
nowhere, since as previously reported here, the anti-terrorism
legislation is the primary weapon that has been and continues to be
wielded against financial fraudsters and money launderers.
The Editor tried to attract the attention of another convenor at a
press conference on Saturday 11th October given by Mr Dominique
Strauss-Kahn, which was supposed to have started at 3.30pm. The
Managing Director of the IMF appeared at 5.00pm, reminding many of us
of an occasion at one of these meetings during the chaotic Clinton era,
when President Clinton kept the entire international financial
community waiting for an hour and a half, and when he finally made it,
uttered no apology whatsoever. Half the auditorium had emptied by the
time he arrived.
Had the Managing Director of the IMF had time, the Editor had intended
to ask him a question in the broad context of the Fund’s enthusiastic
‘endorsement of exceptional measures’ in the face of this unprecedented
financial crisis (unstated: brought about exclusively by the serial
criminality of the President of the United States, his father, and
their criminalist cronies holding high office).
The question would have been as follows: ‘Does the proposed
constellation of measures reiterated by the international financial
community include the G-7-Approved Refunding Program, involving fully
taxable, 100% transparent limited private sector Capital Markets
trading operations on the books, yielding substantial ongoing windfall
tax accruals to the US Treasury?’
IMF MANAGING DIRECTOR’ STOCK FALLING: HE’S ‘DONE A WOLFOWITZ’
Unfortunately, Dominique Strauss-Kahn’s authority is in the process of
being eroded, as he faces his ‘Wolfowitz moment’. Specifically, the IMF
has begun an investigation into whether he abused his position in
connection with a relationship with a subordinate.
In August, the Fund hired the US law firm of Morgan, Lewis and Brokius
LLP to look into the IMF Managing Director’s relationship with
Hungarian-born Piroska Nagy, a former senior official in the IMF’s
Africa Department. Ms. Nagy left the Fund in August under a buyout of
nearly 600 employees instituted by M. Strauss-Kahn to reduce IMF costs,
and she now works for the European Bank for Reconstruction and
Development. The investigation was triggered when A. Shakour Shaalan,
an Egyptian who is the longest-serving member of the IMF’s Board and
who represents much of the Middle East, asked for an independent
investigation.
It is reported to be looking into how Ms. Nagy was chosen for the
buyout, if she was paid more than she was entitled to, and if she was
allowed to take the buyout outside normal IMF channels. Simon Johnson,
a former IMF Chief Economist , has commented:
‘This is a very bad time for a leadership distraction. I think the
global crisis is just beginning and I think it is going to get much
worse before it gets better’.
The affair echoes the similar scandal 15 months ago when neo-con Paul
Wolfowitz had to resign as President of the World Bank after
investigators had found that he had arranged a 36% pay rise for his
companion Shaha Riza in 2005, shortly after he assumed his post.
BANKERS PICKED UP LAST YEAR GET 25 YEARS IN EUROPE
13th October 2008: It is again reported to us that the thousands of
bankers who were picked up this time last year and packed aboard a
fleet of nine aircraft and then flown off to Europe, all received
maximum jail sentences of 25 years for their financial crimes. These
were committed in Europe, so European judicial processes were involved.
They were given no time to collect their toothbrushes or to contact
their family members. They had assumed that they enjoyed Bush-Greenspan
Crime Nexus/CIA/NSC protection, and that there was safety in numbers,
but they miscalculated.
Since the Bush-Greenspan global financial fraud operation used Britain
as its Master Platform, in the case of those bankers who were exported
to Britain, they were subject to English jurisdiction. All those who
were arrested and exported to Europe were subject to the European
anti-terrorism legislation, which embraces money laundering and all
forms of financial fraud, as noted above.
A large number of bankers were exported to Germany where they also
received maximum jail sentences. As noted in the preceding report, when
the bankers’ lawyers flocked over to Britain and Germany to try to
extract their clients from custody, many of them were likewise arrested
as co-conspirators to the fraudulent financial operations, and received
comparably harsh sentences.
• IMAGINE: THIS FINANCIAL CORRUPTION HAS
NECESSITATED THE PHYSICAL REMOVAL FROM THE SCENE OF AN ESTIMATED 10,000
BANKERS AND OTHERS TO DATE.
GREENSPAN AND GEORGE REPORTED ARRESTED IN JUNE-JULY 2007
In the UK context, geocriminal funds were stored in accounts inter alia
with the Bank of England. In July 2007, we reported exclusively that
the former Governor of the Bank of England, Eddie George, was arrested,
like his colleague in financial crime, Dr Alan Greenspan, criminal
Godfather George H. W. Bush Sr.’s financial technician and the
notorious inventor of the ‘Never-Pay Syndrome’.
• Corrupt UK financial operations were
run, it will be recalled, out of a ‘backroom operation’ based in
Birmingham, headed by an operative named Carl Daniels.
After Greenspan had ‘bracelets’ dangled adjacent to his person, and a
number of Dr Greenspan’s associates were liquidated between 30th
September and 2nd October 2008 as previously reported, Greenspan was
told that ‘if you don’t cooperate, you will be next’. We were then
advised (on 5th October) that Greenspan’s accounts have been frozen,
all the money contained in the relevant accounts was removed, and the
accounts have been closed. No wonder he was distinctly subdued when he
appeared before that Congressional Committee on 23rd October.
REGIONAL FEDERAL RESERVE BANKS ‘OUT OF SYNC’ WITH THE BOARD
Separately, on 4th October, we had been advised that the independent
regional Federal Reserve Banks are not at all ‘in sync’ these days with
the corrupt Federal Reserve Board in respect of any further ‘funny
money’ trading operations to be financed from a new platform seeded
inter alia by the ‘new money’ appropriated by Congress during the
theatrical Congressional ‘sausage machine’ operation in September. The
regional Feds have their feet much more firmly on the ground.
It is also believed that Dr Bernanke, whose body movements in public
these days betray his justified nervousness, has informed agents for
the ‘Box Gang’ criminalists that he and other colleagues ‘are not going
to die or go to prison for you, and you are on your own’ (paraphrase).
Actually, under the Misprision of Felony Statute, Bernanke, like all
these people, is a co-conspirator and an accessory to the fact of
massive open-ended crimes and misdemeanours, not least if he has not
reported the financial crimes that he knows all about, to a military
officer, Judge, or some other person in authority under the United
States (which of course he cannot do without incriminating himself in
the process). Same applies, by the way, to ALL Americans who know about
these crimes.
The Editor regards this ‘revolt’ inside the Federal Reserve System as a
significant development. This internal pressure has evolved exclusively
as a consequence of the exposures, which have triggered judicial
processes in pertinent countries that have been grinding away slowly
but surely behind the scenes, the impact of which will be cumulatively
dramatic. These processes cannot be hurried, and neither can any aspect
of them be discussed: they take their time, but eventually they deliver
decisive results, many of which can now be detected behind the scenes.
THE QUEEN VISITED PARIS ON 12TH OCTOBER
Her Majesty The Queen, as Head of State, visited Paris on Sunday 12th
October for the Heads of State Meeting. She attended in order to be
able to give her personal imprimatur to agreements.
In the case of The Queen, ‘Mohammed’ goes to the mountain, rather than
the mountain visiting Mohammed (to coin a phrase). Therefore, Her
Majesty’s presence would have been remote from the location of the
Meeting. As for the earlier report that The Queen travelled to Andrews
Air Force Base, that was false. An emissary flew to Andrews Air Force
Base.
‘Tarmac meetings’ of Heads of State are sometimes equivalent to
meetings in the mid-Atlantic, in international waters, so that in
theory The Queen could have made that journey, even though the Monarch
does not leave the United Kingdom without the prior agreement of Her
Ministers. The last time a King left the country without informing the
Government, he was replaced.
TELEVISED HUMILIATION OF THE C.E.O.s OF THE LARGEST U.S. INSTITUTIONS
14th October: The CEOs of the big US financial criminal enterprises
were televised marching up the steps of the US Treasury Department
building in a staged display to show the public that they were
accepting the assistance of the Treasury, driven by developments in
Europe.
• However one does not ordinarily enter
the Treasury building by walking up the steep steps. The normal
entrance is by means of an elevator.
This was therefore a clearly staged operation for public consumption,
ostensibly designed to show ‘solidarity’ among the criminalist
financial elite. But the unfortunate impression now created was of
seriously deflated and compromised, formerly arrogant bankers’ backs to
the camera as they walked up the steps into the clutches of their
corrupt masters, the US Government.
The US Treasury was forced to switch its priorities to pumping money
into these criminal financial enterprises, by actions taken following
acceptance by the Europeans of the so-called ‘Brown Plan’, which
amounts to no more than plain backdoor socialist semi-nationalisation
of the banking sector.
The single redeeming feature in the US case is that the new debt
securities involved are only guaranteed for three years: i.e., there is
a sunset clause, which does not apply in the European context. The US
Treasury had to switch its approach in order to avoid a rush of
deposits from the criminal financial enterprises into accounts with
foreign banks.
Meanwhile Americans have cottoned on that the regional banks have not
generally been involved in this fraudulent finance, so that a rush of
money from the metropolitan institutions into regional banks has been
taking place. Even so, official assistance is now being extended to
regional banks, implying that the situation is vastly worse than
‘assumed’ earlier.
BUSH ASSOCIATES AND CORRUPT TREASURY OFFICIALS ‘REMOVED’
At 7.55pm on 14th October, the Editor is advised that further
interference by Bush 41 and Bush 43 with the payouts occurred. In this
context, it is reported to us that many of Bush Sr.’s associates have
been arrested or otherwise ‘neutralised’, with no further details
available.
It is separately reported to us that a number of compromised operatives
at the Treasury who have been instrumental in following the
instructions of the geocriminal operative ‘Paulson’ to block the
Settlement payouts, have been ‘taken away’ in the past 24 hours (as
reported). The actual number of these people who were removed from the
Treasury is said to have been ‘considerable’.
SENIOR TRUSTEE ‘PAID’ BUT SAID TO BE UNABLE TO ACCESS FUNDS
17th October: A very senior Settlements Trustee whom we will refer to
as ‘X’, who was tasked with taking care of financial payment matters
involving inter alia foreign recipients separately from the
Settlements, is reported to us at 11.15am to have been paid.
However he cannot access his funds, which are being blocked ‘by
political forces’. At 1.15pm the Editor is informed that this
information is accurate and that X’s access to his funds is being
blocked by Bush 41 and Bush 43. (This information is again reconfirmed
to the Editor at 3.20pm on Monday 20th October). The Bush criminals
were advised that if the Settlement funds are not unblocked by this
evening, severe measures will be taken against both of them.
The countries that have been ransacked by these criminals, we are told,
do have the power to have these geocriminals arrested for serial theft
and for innumerable other crimes.
• The Editor is later informed that the
foregoing is accurate and that Bush 41 and 43 were both threatened with
being arrested.
It is publicly revealed that President Nicolas Sarkozy, of France, who
is also the President of the European Union Collective until the end of
December (although power has gone to his head and he apparently wants
to stay en poste for ever), is now to visit President George Bush at
Camp David at the weekend. Also attending will be José Manuel
Barroso,
President of the European Commission [see our DVD exposure report of
20th September].
• What is NOT reported at this stage is
that Gordon Brown, the British Prime Minister, will also be attending.
Intelligence officer Brown would certainly be appearing as the
representative of The Queen, as well as of the British Government. And
he will supposedly have one objective in mind.
BROWN STORMS OUT FROM PRESIDENT GEORGE W. BUSH’S PRESENCE
18th October: It transpires that so far as Sarkozy and Brown are
concerned, the purpose of their sudden visits to Camp David is
OSTENSIBLY to procure President Bush’s signature on a document
authorising the wholesale Settlements releases.
Brown and Sarkozy therefore duly presented Bush Jr. with the necessary
paperwork and asked him to sign it, whereupon Bush 43 REFUSED to sign.
He was then told, for the first time, that 26 of the Bush Crime
Family’s cronies IN EUROPE would be arrested if he continued to block
the payments.
Brown (paraphrase): ‘OK, I’m not going to stick around here while you
play silly games with me. I’m leaving. You will wind up losing all your
powers’.
Whereupon Mr Brown left Camp David immediately. It is believed that he
then contacted London, possibly Buckingham Palace, and that as a
consequence ‘London’ got on the phone to Camp David and that very sharp
words were exchanged. Of course, even if Bush had signed then and
there, he would have immediately attempted to renege on his
undertaking, given that this man is much more Leninist than Lenin ever
was (3). Bush 43 reneges on his formal undertakings within split
seconds of signing documents, whereas evil genius Lenin was somewhat
more circumspect in this regard.
EUROPEAN UNION 'MEMBER STATES' TO SARKOZY: ‘SORT IT’, OR WE WILL DEPOSE
YOU
Separately, the European Union Collective's ‘Member States’ are
reported to us to have expressed severe frustration with M. Sarkozy,
whom they presumably know, from his past behaviour (and also given that
his half-brother, Olivier (Oliver) is a Director of the Bush
slush-fund, the Carlyle Group), is not to be trusted. They are watching
this unruly and impetuous underworld figure like a hawk.
Specifically, they are reported to have told Sarkozy that they require
him, as the President of the European Union, to ‘fix’ the problem of
the blocked Settlements. Otherwise they will collectively compel him to
resign his post forthwith, they say.
This would be wholly unprecedented and would jeopardise the entire
frail and now prospectively disintegrating construct of the European
Union Collective, while also placing Sarkozy’s position as President of
France under severe immediate strain because of the humiliation that
sacking him as European Union President would entail.
• To repeat, the rest of the European
Union (with the exception of the corrupt Frau Merkel: see below) have
told the President of France and of the EU: ‘You fix this, or we will
remove you from the Presidency’. Sarkozy’s whole political existence,
and probably his life, are on the line. Evidently Sarkozy was given 20
days to procure the absolute completion of the Settlements. It is not
known when the 20 day period started, but that this timeframe exists is
certain.
Thus the situation in the early afternoon of Saturday 18th October
APPEARED TO BE worse than it had ever been, and seemed now to be
completely out of control. It is very likely that Brown, having stated
that he wasn’t going to stick around, was probably told to ‘get out’.
BUSH 43 SIGNS AFTER SARKOZY SAYS HE’LL ARREST 26 BUSH ACCOMPLICES
But at 11.15pm the Editor started to receive telephone calls confirming
that George Bush 43 had been obliged, finally, to sign the
documentation in question, authorising M. Sarkozy to procure the
Settlement payouts. President Sarkozy, motivated both by the very
serious threat from his fellow EU Governments that he had 20 days to
‘fix it’ or else he will be removed from being President of the
European Union Collective, and also by sober consideration of ‘life
after Bush’, has clearly decided to forfeit his close and extremely
unhealthy relationships with the ever more blackened, disgraced and
unsavoury Bush geocriminal network.
• For now, at any rate: until he changes
his double mind.
• Of course this departure on the part of
Sarkozy simply illustrates the ‘rats in the sack syndrome’ at work:
sooner or later each rat will bite each of its rivals.
It further transpired that the primary pressure applied to Bush Jr. was
Sarkozy’s threat that if Bush blocked the Settlements again, he
(Sarkozy) would indeed use his vast powers as President of the European
Union to arrest 26 of Bush’s associates – IN EUROPE.
Furthermore, Sarkozy told Geroge Bush that ANYBODY standing in the way
of the payouts, would be arrested immediately. This warning, especially
concerning the 26 George Bush Sr. associates in Europe, clearly alarmed
Mr Bush 43, because although he believes himself to be omnipotent, he
is unable to interfere with foreign law enforcement operations.
19th October: The Editor is again informed that President G. W. Bush
finally signed the necessary documentation, and that the primary source
of the pressure was that M. Sarkozy would order the arrest of 26 NAMED
Bush Crime Family’s closest associates in Europe if he did not sign, or
if he or his father or any of their associates with the Settlements
interfered again.
The Wall Street Journal confirmed that Gordon Brown had been at the
Camp David meeting. It is worth pointing out that Brown intensely
dislikes being in the same room as EU President Barroso, who was also
present at the Camp David meeting, given the Madeleine McCann scenario
(see our DVD exposure report). Brown has the mobile phone number of the
McCann family, whose little five-year-old daughter was kidnapped in
Portugal in May 2007. Her photograph was made available to the
paedophile ring operating inside the European Commission, and the
little child was chosen by the President of the European Commission
himself, as we reported.
MORE THAN 200 KEY PEOPLE ARRESTED IN SEVEN COUNTRIES
It evidently came as a shock to Bush 43 that Sarkozy, whom he had
assumed to be still in the Bush Crime Family’s pocket, had now adopted
such a ‘contrary’ stance, and was threatening to order the arrest of 26
of Bush 41’s high-level European associates.
Moreover Bush Jr. was said to have been ‘shocked’ when Sarkozy added
that he would order the arrest of ANYONE standing in the way of the
Settlements – which he proceeded immediately to do – although it is
also believed that multiple arrests had actually been ordered PRIOR TO
M. Sarkozy’s meeting with Bush 43 at Camp David, the point here being
that Sarkozy wanted Bush to know that he meant business (in order to
save his own skin, and Presidencies).
Specifically, between 18th and 19th October inclusive:
• Well over 200 senior bankers and others
were arrested in European locations, and in the United States. A key US
'Trustee' who has been in touch with the Editor for two years,
evidently feeding us diversionary information, and probably reporting
back to Bush Sr. all the time, was reported to us on 20th October, to
have been picked up during this sweep (on the 18th October). It is also
now believed (see below) that ‘X’ in Belgium, the even more senior
Trustee, may have been removed from the scene, although this is not
confirmed.
• The arrests in question occurred in
SEVEN countries.
• Many of those arrested were associates
and cronies of the arch-criminalist Dr Alan Greenspan.
SARKOZY ORDERS CHANCELLOR MERKEL TO STOP BLOCKING THE SETTLEMENTS
No sooner had he left the presence of the American President at Camp
David, equipped with the President’s signature on the necessary
documentation, than Sarkozy got in touch, we understand, with
Chancellor Merkel, Bush Sr.’s bribed crony in Berlin: whereupon he told
Frau Merkel that, as President of the European Union, he was ordering
her to cease and desist all her obstructions to the Settlements
payouts, and that if she didn’t fancy complying with this instruction,
he possessed the necessary powers to have her arrested.
‘Chancellor Merkel (paraphrase): ‘You’re full of ……’.
President Sarkozy (paraphrase): ‘No I’m not, I mean exactly what I say.
You have to cease and desist or you’ll soon find out who’s really in
charge. I don’t care who you are. If you continue frustrating the
Settlements’ – which were by now scheduled to restart on the evening of
Sunday 19th October – ‘I’ll have you arrested and you’ll go to jail’.
MASSIVE SPLIT BETWEEN THE TREATY OF THE ELYSEE PARTNERS
Now, Germany and France are bound together, as mentioned above, by the
Treaty of the Elysée of 23rd January 1963, which contains a key
clause
requiring that the parties shall achieve a ‘common position’ in respect
of all international issues. This treaty, which is of unlimited
duration and has no exit clause, is the central layer of glue that
binds the fragile pan-German European Union together. It was
orchestrated by Dr Konrad Adenauer, the Hitler-era Mayor of Cologne,
and the close friend of Hitler’s favourite bankers, Drs. Abs and
Pferdmenges, and President Charles de Gaulle.
Since the European Union is the realisation of the Pan-European project
that originated under Frederick the Great and was updated in 1941 at a
conference attended by highest-level Nazi/Pan-German 'hoch'
intellectuals which resulted in the publication in 1942 of the
strategic compendium called ‘Europäische Wirtschaftsgemeinschaft’
(‘the
European Economic Community‘), the chapter headings of which coincide
almost precisely with those of the EU’s 1992 Maastricht Treaty (4), the
European Union Collective is considered by the brainwashed German
geopolitical élite to be its own global hegemony property and
project.
Which is precisely correct.
Therefore, for a jumped-up Jewish-Hungarian French President from an
immigrant family to purport to inform the Chancellor of Germany that
the powers that he possesses as the President of the EU which Germany
considers to be its own plaything, are superior to hers and are
sufficient to have her arrested, must have been enough to send the
duplicitous Frau Merkel’s blood pressure off the chart. Even so, M.
Sarkozy’s threats had no immediately discernible effect on Chancellor
Merkel’s attitude, and arrests have therefore continued inside Germany,
we understand.
OTHER TELLTALE INDICATIONS OF EUROPEAN UNION FRAGMENTATION
Interjecting here, we can further substantiate the rapid deteroriation
not only of US-EU relations (while Bush 43 remains in office) but also
of inter-EU relations, especially with respect to Britain.
First, almost immediately after we exposed EC President Barroso as
having selected the kidnapped five-year-old girl Madeleine McCann to
satisfy his depraved desires, the highly dangerous Peter Mandelson, a
fickle character who was fired twice from Blair’s Cabinet, was suddenly
yanked back from his position as European Trade Commissioner in
Brussels, given a peerage and plonked into Brown’s Cabinet. We could
speculate as to why Mandelson had to be pulled out of Brussels at this
juncture: suffice it to say that Brown has the mobile phone number of
the McCanns [see above].
A second element of this episode concerns who Brown selected to replace
Mandelson, known in Britain as ‘the Prince of Darkness’. As the Editor
was informed before he left for the United States earlier this month,
Brown replaced Mandelson with a person called Lady Ashton, of whom no
one had previously heard. She is a little mouse of a lady, no doubt
very well intentioned and all that...
Our 'connected' informant pointed out jubilantly that this appointment
was a deliberate snub to the European Commission, indicating that
Britain’s relations with this pan-German construct are at rock bottom.
The European Union remains deeply unpopular except among the Great
Brainwashed.
And so indeed it has turned out. On 19th October, it was confirmed that
the appointment of the dear little mouse, Lady Ashton, has indeed been
taken as a calculated insult by the Euro-ideologues in Brussels, who
are said to be ‘enraged’. A mole inside the European structures,
referenced in the British press, asked: ‘Who is she? Feelings are
running very high. It is an insult’. So, at least these Dumkopfs
understand the art of the diplomatic put-down.
Moreover Lady Ashton added insult to injury when she pointedly snubbed
an invitation from the House of Commons’ Trade Committee for an
informal chat ahead of her confirmation vote during the week beginning
20th October. She didn't fancy attending.
FURTHER MANDELSON FALLOUT, AND THE ROTHSCHILD-OSBORNE RIFT
No sooner had these twists been added to the cauldron of escalating
confusion than the British MEP (Member of the European Parliament) Syed
Kamall [sic] publicly urged Peter (who is now Lord) Mandelson to return
to Brussels and disclose his relationship with the Russian GRU oligarch
and close Putin associate, Oleg Deripaska, who is on the Interpol watch
list, to clarify any conflict of interest arising from this connection
while he was the European Commissioner for Trade.
Then, in an extraordinary display of much younger rats biting each
other, Mr George (originally Gideon) Osborne, the Shadow (Conservative
Party) Chancellor, was forced hotly to deny that he had solicited a
political donation from Mr Deripaska while sojourning on his yacht.
Enter George Osborne’s former Oxford University friend, Nathaniel
Rothschild, the son of Jacob, whom The Times of London stated on 23rd
October 2008 ‘has become intimately involved in Mr Deripaska’s business
empire’, which has lost billions of dollars in the stockmarket turmoil.
Likewise, Nathaniel Rothschild’s New York-based Atticus hedge fund has
experienced substantial losses: The Wall Street Journal has reported
that in the first eight months of 2008, the two principle Atticus funds
each lost 25%-30% of their value.
Nathaniel Rothschild broke with his family’s tradition of discretion by
writing a letter to The Times, London, published on Tuesday 21st
October 2008, exposing George Osborne’s dealings with Oleg Deripaska, a
letter which Nathaniel Rothschild justified on the ground that Osborne
breached his trust and abused his hospitality, as Osborne had met
Deripaska through Rothschild.
Rothschild’s exocet may have destroyed Mr Osborne’s career (he is
supposedly David Cameron’s intelligence community handler). Its first
consequence was to subject him to half an hour of jeers from the Labour
benches. Whether this is an intelligence operation is not yet clear.
Since his sudden return to the Cabinet this month, Mandelson has been
dogged by questions over his links to Deripaska and Rothschild.
Deripaska, who was worth £16.2 billion before the crash of 2008,
needs
$2.0 billion by the end of October, in order to be able to retain
control of his 25% stake in Norilsk Nickel, the world’s largest nickel
producer.
He has to repay part of a $4.5 billion loan borrowed from a group of
Western banks that financed his purchase of the shares, even though the
banks, if they had done their due diligence, should have known that
Norilsk Nickel was stolen from the Soviet Party-State. This loan was
secured against Norilsk Nickel’s share price, which has collapsed by
75% since last May, thereby placing Comrade Deripaska’s U C Rusal
company in breach of a collateral agreement with the banks.
Nathaniel Rothschild is described as principal adviser to Mr Deripaska
and his investment vehicle, Basic Element, which owns the majority
stake in U C Rusal, the world’s largest aluminium producer. Nathaniel
Rothschild is also chairman of N Plus, an energy corporation owned by
Deripaska, aged 40, who was married in 2001 to Polina Yumashev, whose
father Valentin was the Chief of Staff to the late President Boris
Yeltsin (Baruch Ellia).
Valentin Yumashev later married Baruch Ellia’s younger daughter,
Tatyana, thought to have been instrumental in elevating the GRU officer
Vladimir Vladimirovich Putin to the Kremlin. Baruch Ellia (Boris
Yeltsin)’s wife was the daughter of Comrade Josef Stalin
(Djiugashvilia-Kochba) and Rosa Kaganovich, daughter of the well-known
Bolshevik.
Mrs Deripaska is a close friend of the girlfriend of Roman Abramovich,
the Russian Oligarch, Daria Zhukova, from the equally well-known
Bolshevik Zhukov family. Deripaska is Vice-President of the Russian
Union of Industrialists and Entrepreneurs (the KGB-GRU mechanism for
controlling the oligarchs), which pays frequent visits to the Kremlin.
Deripaska’s Basic Element has investments in over 100 businesses,
including LDV Holdings, a light van manufacturer in Birmingham that was
the focus of the alleged discussions about channelling an illegal
donation to the Conservative Party from Mr Deripaska, who retains close
links to Putin.
The Times of London reported on 23rd October that Mandelson has
frequently accepted hospitality from Nathaniel Rothschild, including a
stay at his chalet at Klosters, in the Swiss Alps. The extent of the
relationship between these two figures has emerged as the business
links between the young Rothschild and Oleg Deripaska have become
clear. In August 2008, Mr Mandleson was the guest of Nathaniel
Rothschild in Corfu, during which visit he was ‘billeted’ on Mr
Deripaska’s yacht as there were so many guests staying at the
Rothschild family villa.
Mandelson’s acceptance of hospitality from Nathaniel Rothschild has
raised questions about a possible conflict of interest with respect to
his rôle in Brussels, where he made decisions on tariffs that
affected
Deripaska’s aluminium operations. As mentioned, Nathaniel Rothschild is
described as principal adviser to Mr Deripaska and his investment
vehicle, Basic Element.
The Code of Conduct for European Commissioners is extremely loosely
written – on purpose. It includes the following language:
‘The general interest requires that in their official and private lives
Commissioners should behave in a manner that is in keeping with the
dignity of their office. Ruling out all risks of any conflict of
interest helps to guarantee their independence’.
Of course, since the European Commission is itself irretrievably
corrupt, this language DOES NOT FORBID European Commissioners to act in
accordance with conflicts of interest. But in London, the conflict(s)
of interest are evident: and the Shadow Business Secretary, Alan
Duncan, has therefore called for ‘a full declaration of his interests
and associations while in Brussels’.
Peter Mandelson is an extremely dangerous commodity, so Gordon Brown
must have had some overriding reason for suddenly yanking this
discredited creature back from Brussels, kicking him into the Lords,
and plonking him inside his Cabinet.
• The overriding reason will doubtless
emerge as oligarchs implode, unspeakable activities are exposed, and
financial empires built on stolen assets and risky credit collapse.
EUROPEANS THOUGHT THEY COULD ‘BOUNCE’ BRITAIN INTO THE EURO
Meanwhile the Europeans seem to be so out of touch with reality in
Britain that they appear to have been trying leverage the international
financial crisis to ‘bounce’ the United Kingdom into dropping the pound
sterling in favour of adopting the much disliked European Collective
Currency, the Euro, using the economic and financial crisis as their
pretext.
Indeed, bad blood is spilling out all over the place. For instance, the
Chairman of the Eurozone Group of Finance Ministers commented, in the
same put-down, arrogant tone as the Banque de France representative had
used against the Editor in Washington a few days earlier, that Gordon
Brown had to ‘beg to be let into the room’ where crisis talks were
taking place last week.
The comparably arrogant Finance Minister of Luxembourg, Jean-Claude
Juncker, said that the EU Finance chiefs had ‘warned’ the British Prime
Minister that he could be excluded from future talks on the European
economy for just as long as the United Kingdom remained outside the
European Collective Currency. Brown retorted, in a formal statement
from Downing Street, that ‘we continue to review it, but we have no
plans to join the Euro’.
BROWN SHOULD FREEZE PAYMENTS TO THE EUROPEAN COMMISSION
However what Gordon Brown SHOULD do (redeeming himself in the process)
in response to such high-handed behaviour from Brussels and the EU
Finance Ministers, is to say to them:
‘Right. Since you believe you can order us around, we will show you
what we are made of'.
‘I will immediately order all payments to Brussels derived from Value
Added Tax to be paid into a suspense account in London, and to be held
there until such time as the European Commission puts its own corrupt
finances in order, eliminates financial fraud and cronyism from its
operations, and has its accounts signed off by the Court of Auditors’.
FACT: For the past 14 years, the EU’s Court of Auditors, which is
required to ‘audit’ the European Commission’s accounts, has REFUSED to
sign the EC accounts, which have been repeatedly shown to be falsified
and riddled with fraud, corruption and creative accounting.
It is an ongoing FILTHY SCANDAL that Britain continues to overlook all
this corruption in Brussels. Brown should have the courage of any
convictions he may retain, and should make a big play with such an
initiative. Paying money into this corrupt sink-hole is a DISGUSTING
AFFRONT.
Brown should appear on television to announce that he has ordered all
tax collections payable to the European Commission’s accounts to be
withheld and paid into a suspense account, and should explain to the
British public in forthright terms why he is doing this.
SALVATION FOR GORDON BROWN AND THE LABOUR GOVERNMENT
Such an initiative would build upon Gordon Brown’s sudden ‘enlargement’
as ‘the experienced hand’, the ‘man of the hour’ who came up with ‘the
Brown Plan’ which was at once adopted by the Europeans and which forced
the US Treasury to change its stance and to proceed bail out the big US
institutions directly. He should exploit his new-found pre-eminence by
stopping all payments to the corrupt European Commission until such
time as they clean up their act (which they'll never do).
Such a move would be hugely popular with the British voting public and,
coupled with the much harder line on unfettered immigration that is
suddenly being advanced by Brown's newly appointed Immigration
Minister, would rescue the Government and the Labour Party from defeat
at the next General Election, ensuring Brown a much longer tenure in
Number 10 Downing Street than what he calls ‘the commentariat’ have
considered likely.
Only a few weeks ago, Gordon Brown was being almost written off, and
was even thought likely to resign early. It was being taken for granted
by some that he would be succeeded as Prime Minister by the brainwashed
David Cameron, who would in fact be even more fatuously ‘politically
correct’ in office than the Labour Government has been.
Stopping payments to Brussels, and making a big political song and
dance about it, would be the Brown Government’s salvation. After all,
the gloves are off now, and European diplomatic niceties are a luxury
of the past. Hypocrisy over Britain’s entanglement in Europe is
distinctly passé.
•Memo to the British Prime Minister: You
don't mean to say that you are told what to do by the head of MI6 and
GO-2, John Scarlett, do you? He's too close to Germany. Sack him.
SARKOZY MADE IT CRYSTAL CLEAR THAT HE MEANT BUSINESS
Simultaneously with all the foregoing, President Sarkozy made it clear
to all concerned not only that he would have anyone standing in the way
of the Settlements arrested (or worse), but further that ‘I don’t care
who they are’ – by which he clearly meant that some of the top European
cronies of Bush 41 and Greenspan, such as Ackermann, CEO of Deutsche
Bank, were in his sights; and that he does indeed possess powers under
the EU terrorism legislation to have such people taken down.
• And indeed, those reported to have been
placed under arrest from 18th October onwards were all said to be
senior people, not small fry at all.
One might add that it also looks as though Sarkozy has at some very
recent stage been insulted or double-crossed by the Bush Crime Family,
accounting for the remarkable vigour of his response to fulfilling his
obligation to procure the Settlements. Additionally, French
intelligence will have been pressing him hard to use his powers to
‘make it happen’. But most of all:
• Sarkozy is fighting for his political
(and possibly physical) survival as he was given 20 days to procure the
wholesale Settlements or to be kicked out. Don’t forget that an
assassination attempt on Sarkozy was perpetrated when he visited
Israel.
• M. Sarkozy sees this situation as an
opportunity to display the power of the Presidency of the European
Union. This dark underworld figure has been placed where he is for a
reason. And he has no problem deploying underworld procedures to remove
all who are STILL standing in the way of the Settlements, we understand
from informed sources.
In this connection, the recent ‘accidental death’ in a car crash of the
right-wing Austrian political figure Jorg Haider sent a message to all
Bush-DVD bankers and operatives in Europe, that they had better stand
aside, or else. Even so, the message was not received and so more and
more of these people have been ‘removed’ from the scene, whether by
arrest under the EU’s harsh anti-terrorism legislation, or ‘by other
means’.
DEFIANT CHANCELLOR MERKEL CONTINUES BLOCKING THE SETTLEMENTS
20th October: So, how did Merkel respond to Sarkozy’s threats? She made
sure that the attempted payouts, which were to start on Sunday evening,
19th October 2008, with Europe and the Pacific Rim starting to release
simultaneously, were frustrated. At 11.50 am on this Monday, the Editor
was accordingly informed that a large number of Chancellor Angela
Merkel’s geocriminalist associates in Germany had already been
arrested.
• At 3.15pm, the Editor of this service
was advised that ‘arrests are proceeding all over Europe and in other
parts of the world, including the United States’.
BELGIAN TRUSTEE’S HUGE ACCOUNT ‘SEIZED DIRECTLY BY SARKOZY’
The Editor was also separately informed that ‘Xs’ bank account or
accounts in Belgium, containing massive funds, was or were hacked into
over that weekend (18th-19th October) and that his funds were stolen.
The Editor put out some feelers to see whether this could possibly be
true. Since the only person who could know that, would be ‘X’ himself,
he would be unlikely to be the source of this ‘information’. Later in
the day, the Editor was advised that the funds were still intact. At
9.20pm, after further enquiries, the Editor was finally advised as
follows:
• The account in the name of the very
senior long-term Trustee based in Belgium named ‘X’ was indeed hacked
into over the weekend of 18th-19th October.
• The coordinates of the account were
altered so that the account was placed under the direct control of
President Nicolas Sarkozy.
• On the face of it, one’s knee-jerk
reaction to this revelation would be that President Sarkozy, while
appearing to press vigorously on all fronts to close the Settlements,
was simultaneously helping himself to the funds (given his two-faced,
double-minded Illuminati underworld nature as ‘one of the boys’).
However such an understandable knee-jerk reaction would be unjustified
on this occasion not only because if he had behaved this way, he would
most probably suffer the ultimate penalty without further ado, but also
because:
• What appears to have occurred is that,
in the course of the ‘sweep’ of all who were believed or known to have
been blocking the Settlements in alliance with the Bush Crime Family,
not only was the 'Trustee' who had been in touch with the Editor for
two years picked up on Saturday after it had been determined that he
may have been ‘redirecting’ our focus all that time in cahoots with
Bush Sr. by constantly stating that the Settlements were imminent when
he may have known that the reverse was the case or may have been
blocking them himself; but his ‘superior’, ‘X’, appears to have been
picked up after it had likewise been determined that he may have been
blocking the payments as an accomplice of the Bush financial crime
nexus, as well.
• Both these characters were reportedly
all along ‘working for’ George Bush Sr.
• With ‘X’ and the lesser Trustee out of
the way, President Sarkozy, equipped with the authority he needed,
ordered his intelligence services to hack into the account and to place
the funds directly under his personal control, thereby severing the
leverage and the connection or control hitherto asserted by Bush Sr.
and Greenspan, and enabling Sarkozy to dispose of the funds in
accordance with the authority vested in him by President George W. Bush
at Camp David on 18th October.
• Given the Camp David time sequence
referenced above, it seems more than likely that the ‘X’ account was
hacked into just as soon as Mr Sarkozy, equipped with the authority
from Bush 43 to procure the Settlements as described above, had
obtained Bush’s signature under the duress threat that the 26 closest
criminalist associates of Bush Sr. and Greenspan in Europe would be
arrested forthwith if Bush Jr. resisted any longer.
• The ‘X’ account is not part of the main
Settlements monies. However these developments are all closely
interlinked and they are of supreme significance in terms of achieving
the final resolution.
WORLD COURT BACKS SARKOZY WITH ADDITIONAL AUTHORITY
Additionally, the World Court was reported on Monday 20th October to
have provided Sarkozy with documents backing up his authority to
procure the Settlements payouts that he had obtained from President
George W. Bush at Camp David. And once again, against this background
and of reports of extensive arrests of Bush-Greenspan criminalists in
Europe and around the world, the payout process was supposed to start
up again on the same evening, which did not happen.
The US Supreme Court dominated by the Bush stooge John Roberts signed
documents releasing OMEGA ‘packages’ for Canada, which was necessary
prior to the ‘lever being pulled’. However it later turned out that ONE
package, addressed to the chief Trustee for the CIA's OMEGA Ponzi scam
recipients, was sent and reportedly delivered to Toronto.
• On recent earlier occasions when such
reports have been verified, it has transpired that the so-called
‘packages’ have tended to contain Affidavits, implying no intention of
payment whatsoever.
PACE OF ARRESTS ACCELERATES, DECEPTION OF THE EDITOR ‘PULLED’
21st October: Following the above, the wholesale Settlements releases
were supposed to have started at 1.00pm New York time on Tuesday 22nd
October. When this did not happen, arrests were reported to us (at
4.55pm) to have taken place in Germany and Switzerland. Our informants
stated that ‘people standing in the way are being eliminated without
mercy’.
In this connection, we were advised that the anonymous ‘Trustee’ who
had been in touch with the Editor for the past two years, had been
‘removed’ on Saturday 18th October. When we attempted to contact him a
few days later, someone else responded, employing language quite
different from that used by the ‘Trustee’, and from the West Coast as
opposed to Texas, where the ‘Trustee’ had previously stated that he
lived. Furthermore, the person (operative) who had to respond, dropped
his familiar ‘God Bless’ and references to Scripture with which the
anonymous ‘Trustee’s’ emails to the Editor over a long period had been
peppered.
This operation had been diagnosed some time ago as a George Bush
Sr.-linked redirection and deception operation designed to ‘sit inside’
the Editor’s environment, so to speak, in order to suck information
from the Editor while purporting to provide us with ‘Settlement
progress’ information, which always turned out to be completely
inaccurate. The person got annoyed when, from time to time, we hinted
that we knew what was going on.
In other words, this was a typical Bush-linked deception operation,
based upon the familiar Bush-Greenspan ‘Never-Pay’ model. When the
Editor pressed the matter on 24th October by sending the ‘Trustee’ a
chaser email, the operative briefed to continue the old charade
attempted to close the deception down with the following response, in
part: ‘I haven’t communicated because I haven’t had anything to
communicate… I am sorry, but I haven’t had anything to report. I am
very angry and ready to go on with my life and let the lawyers etc.
handle this for me. Enough is enough’.
The only problem with this crude response is that ‘enough was never
enough’ for the preceding two years, when the ‘Trustee’ incessantly
asked for information from the Editor of this service. Now, all of a
sudden, with dramatic events, as recorded above, and Sarkozy under a
deadline to settle, which will certainly occur, this person had ‘lost
interest’ and had ceased to ask us for any updates at all. And the Bush
disinformation apparatus expected us to believe this nonsense!
The reason he ‘lost interest’, after two years of almost daily
duplicitous correspondence with this Editor and supposedly at least ten
years of agitation before that, is that he was reportedly arrested, as
indicated above, on 18th October, for having blocked the Settlements on
the orders of Bush Sr.
That left the ‘handlers’ with the problem of how to close down this
deception operation if the Editor were to continue the correspondence.
The upshot was a couple of curious emails purportedly from the
‘Trustee’ in response to prodding from the Editor, but in a completely
different style, shorn of the familiar ‘God Bless’ sign-off because
presumably the handler tasked with having to continue the charade
doesn’t feel comfortable referencing God. These emails were both sent
from the West Coast, where the anonymous 'Trustee' does not reside.
Pretty poor tradecraft!
The real truth about this pathetic illustration of the stupidity of
these compartmentalised American deception ‘specialists’ is that the
long-term operation to keep someone ‘on the inside’ with respect to the
Editor’s work and connections, has collapsed – blown by the Editor.
• Unsurprisingly, it conforms, therefore,
to Story’s Third Law [see The Cottrell Plan report, 18th September
2008: Archive], which states: 'Sooner or later, all covers and
operations are blown'.
SARKOZY’S RUTHLESSNESS ALLEGED, AND BROWN ALLEGEDLY CAUGHT
23rd October: It is again reported to us that Sarkozy had reiterated
that the Settlements are to be released ‘come what may’ (code for: ‘we
will eliminate anyone impeding the Settlement payouts’). The releases
were supposed to have started at 7.00am New York time, but did not. At
10.15am the Editor found out that problems had supposedly arisen on
22nd October with the Bank of England claiming that ‘it was not ready’.
There is alleged to be a serious ongoing corruption problem at the Bank
of England. We have been told this by impeccable informants.
Special sources further advised the Editor that Gordon Brown had been
informed by a higher authority in London that he is required to remove
all obstacles to the Settlements in the British jurisdictions: or else
he, like Sarkozy, will be removed abruptly from office.
It is understood that far from assisting matters, Brown may have been
interfering – which recalls his behaviour when he said goodbye to
President George W. Bush Jr. and Laura Bush on the steps of Number Ten
Downing Street in the morning of 16th June, and then flew in the
afternoon to Belfast where he joined Bush to attend at one or more
banks to open bank accounts.
When we hinted at this treachery on this website with our 'Heaven
forbid' comment, the balloon went up and Bush Jr.’s duplicity towards
The Queen was exposed, as we reported at the time.
It is understood that Gordon Brown, who is an intelligence operative,
like former Prime Minister Blair, was subsequently ‘educated’. It
appears that his ‘education’ was incomplete.
On 24th October, the excuse for non-release was that problems had
arisen this time in the US banking sector. However both Sarkozy and
Merkel were attending an EU-Asia meeting in Peking.
SARKOZY’S RIFT WITH CHANCELLOR MERKEL WIDENS
And indeed, The Times of London reported on 24th October that Frau
Merkel was scheduled to hold ‘a frosty meeting’ with President Sarkozy
on the 24th, during a summit meeting between the European Union and
Asian leaders in the Chinese capital. So, ‘if it’s Friday 18th October,
it must be Camp David. If it’s Friday 24th October, it must be Peking
(Beijing)‘.
Flying around the world like bees in a bottle, these jet-lagged,
frazzled leaders are increasingly at each other’s throats, as their
corrupt world collapses beneath them and they thrash around ever more
frenetically to try to ‘do something‘. For public consumption, the
‘frosty meeting’ between Sarkozy and Merkel in the Chinese capital was
supposed to have concerned Sarkozy‘s intention to launch a French
sovereign investment fund with a capital of 100 billion Euros which the
French and EU President says that other European Union Collective
countries should copy.
• Sarkozy openly proclaimed that his
proposed fund is part of a programme to strengthen public sector
control over private business, on the Chinese and Russian models. He's
'through', he says, with capitalism, a convenient way of trying to
'bury' his own complicity in the criminality.
This French lurch back to heavy state control (dirigisme) hardly befits
a country with budgetary debt in the background of around 1,200 billion
Euros. A spokesman for the German Government claimed that the French
initiative might fall foul of European law.
However the meeting on 24th October will have been frosty because
President Sarkozy had earlier threatened Frau Merkel with arrest for
blocking the Settlements releases in accordance with her arrangements
with George Bush Sr. who, as indicated above, bribes her in exchange
for which she guards the integrity of his illicit funds held with
Germany’s biggest bank.
Since the German Chancellor had reacted to Sarkozy’s threat that he
would have her arrested, by continuing to block the Settlements, and
had been confronted with the extensive arrests of Bush-linked
‘Never-Pay Syndrome’ ‘sleepers’ at the German banks, as reported above,
we suspect that the ’frosty meeting‘ will in reality have been more
akin to a shouting match – which, of course, will have been taped by
Chinese intelligence. They are very happy to have these conferences in
the Chinese capital: it's so convenient for eavesdropping purposes.
Sarkozy has also widened divisions inside the European Union Collective
that he says the financial crisis has 'drawn closer together', by
demanding to be allowed to continue in a presidential rôle as
chairman
of ‘economic Europe’ until the end of 2009 – a proposal that has gone
down like a lead balloon in Berlin and other capitals, especially
Prague, which takes over the six-month rotating EU Presidency slot in
January 2009 and acquires the power being wielded by Sarkozy.
The Deputy Prime Minister there says that Sarkozy has no right or power
to do this, that the Czech Republic is entitled to its six-month stint
at the EU Presidency, and that the EU Collective's rules cannot be
changed unless all 27 ’Member States‘ of the Political Collective
agree.
What Sarkozy really has in mind here is that not only is the Czech
Republic lukewarm about its own EU membership, but it is not even a
participant in the Eurozone, so that it will be liable (President
Sarkozy assumes) to give a low priority to issues surrounding the
collective currency, the Euro.
More generally, the Czechs have pointed out that Mr Sarkozy’s erratic
and impulsive behaviour is driving Europe apart rather than the
reverse, i.e. that the French and EU President is behaving in a wild
and uncoordinated manner, and that power has gone to his head.
The immediate answer to this is that if Sarkozy does not deliver the
Settlements payouts within the 20 days laid down by the other EU
’Member States‘ with the probable exception of Angela Merkel's Germany,
he will be relieved of his duties and position by the rest of the
European Union.
ROW BETWEEN BRITAIN AND ICELAND INTENSIFIES
The International Monetary Fund is reportedly insisting that Iceland’s
dispute with London over British savings held in Icesave, the UK
offshoot of Iceland’s Landsbanki, must be resolved before it will take
any decision on the scale of emergency IMF support for Reykjavik. The
Fund’s governing Executive Board was meeting on 23rd October to
consider a prospective rescue package, which could be supported by
several Scandinavian central banks and the Bank of Japan.
On 24th October, Iceland announced that it had in fact reached a
tentative agreement with the IMF for a $2.0 billion emergency loan.
However it appeared that the Scandinavian central banks were now less
interested in coming to Iceland's assistance. Reykjavik has turned to
Russia for help.
The Times of London stated on 25th October that 'Iceland is poised to
receive a bailout from the International Monetary Fund (IMF) without
giving the UK Government assurances about how it will reimburse
thousands of British savers with money in Icelandic banks'.
The Icelandic Prime Minister, Mr Geir Haarde, said: 'Our dealings with
Britain over Icesave are not included in the talks. Those will be
resolved on another level and we are at present not prepared to commit
to British demands apart from those to which we are legally bound'.
Talks in the Icelandic capital between the country’s Government and
representatives from the British Treasury broke up on 23rd October with
no agreement. The talks are believed to revolve around Britain lending
Iceland some £3 billion, although the Treasury has not named a
figure.
Some 300,000 British savers held accounts worth about £4.0
billion with
Icesave, which suspended operations on 7th October, and stopped
customers from depositing and withdrawing funds.
While spokesmen for both Governments said that talks would in fact
continue, 8,000 depositors who held more than £800 million in
their
offshore accounts on the Isle of Man with Kaupthing Singer &
Friedlander, have threatened legal proceedings against the UK
Government.
The Isle of Man Government sent a delegation on 24th October to see
officials from the Treasury and the UK Financial Services Authority, to
demand the release of about £550 million of Isle of Man deposits
held
by Kaupthing Singer & Friedlander in London that were frozen on 8th
October. The British authorities ordered clearing banks not to process
transactions involving Icelandic-owned institutions under the
Anti-Terrorism Act, prompting a wave of imminent legal proceedings.
The UK Treasury will almost certainly call for a list of the depositors
involved, to winkle out any British residents holding undeclared
accounts. It may also claim that it is not responsible for protecting
accounts in the Isle of Man, which is a separate financial jurisdiction
for tax purposes.
FEARS THAT CDO LIABILITIES WILL IMMEDIATELY DESTROY SOME BANKS
Suggestions that one or more huge bank failures were likely to occur on
Tuesday 21st October were associated with the fact that outstanding
Lehman Brothers' Credit Default Swaps (CDOs) had to be settled on that
date. This episode will serve to illustrate that such instruments are
worthless.
These insurance-type guarantees were provided by banks and hedge funds
to generate income streams for themselves. Under these arrangements,
banks and hedge funds agreed to cover any default by a large investment
entity such as Lehman Brothers, the underlying assumption being that
the big houses would always remain ‘Too Big To Fail’ (TBTF).
• This kind of assumption ran in parallel
with the careless belief that the financial corruption would and could
never be exposed, a miscalculation for which the world is paying a
heavy price.
Providers of the CDOs charged hefty premia to offer such ‘protection’,
which they were confident would never have to be provided. Given that
Lehman Brothers’ assets were deemed during the week ending 17th October
to be worth just 8 cents on the dollar, the credit default liability
would equate to about 92 cents on the dollar, multiplied by about $400
billion.
Theoretically, parties that had agreed to cover credit defaults by
Lehman Brothers would need to pay out the cash. If these arrangements
were legal, that would be a serious problem that might indeed trigger
bank collapses.
But in reality, these private arrangements cannot be enforced. They all
represent private, non-regulated undertakings that are in sharp
violation of the US securities regulations. Since the only means of
enforcement would be through the US Courts, a process that would
probably take years, and the Courts would follow the securities
regulations (they would have no choice), this ‘deadline’ amounted to
nothing substantive. The same will apply to similar deadlines in the
future.
What does count is the fact that up to $400 billion of credit has been
permanently destroyed through this particular linkage alone. Credit and
monetary destruction are proceeding apace.
U.S. DOMESTIC CREDIT EXPANSION FROM 1996 TO 2007 INCLUSIVE
Total US domestic credit outstanding expanded from $13.9 trillion in
1996, to $33.1 trillion in 2007, an increase of some $19.2 trillion, or
more than $1.7 trillion, on average, annually.
Within this total, domestic credit outstanding created by the banking
system rose from $6.0+ trillion in 1996 to $14.2 trillion in 2007,
representing an increase of $8.2 trillion, or $745 billion annually.
In 1996, the difference between domestic credit created by the banking
sector and total domestic credit outstanding was $7.9 trillion, which
was the aggregate credit that had been created OUTSIDE the banks as of
December 1996.
In 2007, this differential had expanded to $18.9 trillion, so that the
volume of outstanding domestic credit generated OUTSIDE the banks
equated to 133% of that created BY the banks.
Therefore, for many years now, the banks have created less credit
outstanding than non-banks (as reported). Thus the banks have declined
progressively in importance as sources of credit, while all talk of
monetarism, an artificial means of trying to control the expansion of
the money supply, has long since died a death. The reason for this is
that notions about curbing monetary expansion at the banks through
various techniques became redundant with the hegemony of geocriminal
‘funny money’ and fraudulent finance techniques – almost all of which,
as we shall be showing in a future study, currently in preparation, are
irregular, illegal and unenforceable at law in the United States.
IMPLICATIONS OF THE ’INTERNATIONAL COLLEGES OF SUPERVISORS’
In the preceding report we noted that one of the most embarrassing and
painful new realities for the big geocriminal financial enterprises has
been the insistence, first publicised via the Group of Seven’s formal
statement at the IMF/World Bank Spring Meetings in April 2008, that
‘international supervisory colleges’ must be attached to these
institutions, as a means of ensuring that they do not revert to their
old corrupt financial bad habits.
As we also pointed out, the report that the Editor wrote overnight on
10th/11th October in the IMF Press Room was subsequently terminated by
the NSA/NSC/CIA ‘mental defectives’ just at the point where the Editor
noted that this demand for supervision stemmed from Michael C.
Cottrell’s call for an ‘oversight panel’ to govern transactions under
what was still then (in the first quarter of 2007) referred to here by
this Editor’s term ‘The Wanta Plan’.
As will be seen in International
Currency Review,
Michael Cottrell made it plain that as Treasurer of Wanta’s corporation
(prior to Mr Cottrell‘s welcome but irregular dismissal by Wanta), he
wouldn’t be prepared to handle a single cent of the funds unless such
an oversight panel were installed.
He needed this panel not least for his own protection, given Wanta’s
approach to finance.
At this suggestion, Wanta flew into a rage and expostulated on the
Editor’s voicemail that ‘if I need an ‘oversight panel, I shall appoint
an oversight panel’ and that since it would be ‘his’ money, he would do
what he liked with the funds without guidance from anyone else.
After Wanta ‘fired’ Michael Cottrell irregularly (Wanta was later
informed that firing Cottrell was ‘the stupidest thing you ever did’),
the Editor in turn realised (admittedly very late on the uptake) that
if Wanta couldn’t be bothered to repay the Editor’s $35,000 loan which
fell due on 11th June 2007 plus interest, how could he possibly be
trusted with the vast sums of money that he was claiming?
This past painful episode aside, the decisive fact of the matter is
that the international community’s insistent demand for oversight grew
specifically out of Mr Michael C. Cottrell’s parallel demand for an
‘oversight panel’ in the above context. This is a development greatly
loathed by all the criminal financial enterprises that will be
subjected to this new form of discipline.
But there is much more to this significant demand, on which the
international financial community is adamant. For the ‘international
colleges’ to be attached to the 60-odd criminal enterprises (banks and
huge bank-like institutions) will re-establish the derivatives ratios.
DERIVATIVES CONTRACTS AND GROSS MARKET VALUES OUTSTANDING
The most recently available official aggregate for the volume of
derivatives ‘assets’ outstanding, is $667 trillion. According to the
International Monetary Fund’s 'Global Financial Stability Report' for
October 2008, subtitled ‘Financial Stress and Deleveraging:
Macrofinancial Implications and Policy’, the notional total value of
global over-the-counter derivatives contracts outstanding was $297,666
billion at the end of December 2005, ballooning to $596,004 billion
just two years later (at the end of December 2007), a figure consistent
with the latest official number of $667 trillion.
But the Gross Market Values of the outstanding contracts were estimated
by the Fund to have risen from $9,748 trillion to $14,522 trillion over
the period.
These IMF data were adjusted for double-counting. Specifically, the
notional amounts outstanding have been adjusted by halving positions
vis-à-vis other reporting dealers, while the gross market values
were
calculated as the sum of the total gross positive market value of the
contracts and the absolute value of the gross negative market value of
contracts with nonreporting counterparties. The elimination of
double-counting explains why our earlier figure of $1,200++ trillion
surfaced: it appears to have included double-counting.
The ‘international colleges’ to be attached to the big institutions are
likely, we suspect, to confirm that the derivatives outstanding are all
worth zero.
Which brings us, finally, to the talk about ‘rolling’ financial and
economic summit meetings of world leaders ostensibly 'to discuss the
global response to the financial crisis', according to a senior White
House official, cited by The New York Times on 19th October.
The official added that the (initial?) meeting would be intended to
'explore ideas to 'prevent any recurrence' of the cascading financial
failures that have forced the major economic powers to take costly,
coordinated actions in the past several weeks'.
WHAT ’PREVENTING ANY RECURRENCE‘ WILL MEAN IN PRACTICE
'Preventing a recurrence' presupposes closing down all off-balance
sheet, untaxed, high-yield investment program offshore parasitical
financing operations over which zero supervision, checks or balances,
are exercised, or ever apply.
It also presupposes banning hedge funds, or subjecting them, contrary
to the wrongheaded and permissive decision on this score taken by the
G-7 meeting in northern Germany in June 2007, to severe disciplines to
which they are far from accustomed.
Most clearly of all, to preclude any recurrence of this financial
corruption nightmare, 'preventing a recurrence' implies valuing the
outstanding derivatives contracts at zero.
We understand, on authoritative input, that the independent regional US
Federal Reserve Banks believe that the outstanding derivatives
contracts are worthless, which has obvious implications for SOME of the
so-called ‘packages’, as well.
In a final swipe at maintaining his ’free market‘ ideology intact, the
subdued financial crook Dr Alan Greenspan told the House Committee on
23rd October:
'Whatever regulatory changes are made, they will pale in comparison to
the change already evident in today's markets. Those markets for an
indefinite future will be far more restrained than would any currently
contemplated new regulatory régime'.
By which Greenspan probably meant that with the market implosion in
full swing, there will be no need for improved regulation, after all.
However, as the worldwide interest in The Cottrell Plan has revealed,
no-one is listening. It's 'curtains' for Greenspan, the crooked pied
piper of banking.
BELTWAY TALK OF A STOLEN ELECTION, CHAOS AND MARTIAL LAW
Since the Editor will be travelling quite extensively again soon, this
may be our last report ahead of the US Presidential Election. At
11.50am on Monday 20th October, the Editor was informed, via an
official source ‘inside the Beltway’, that quote ‘they are trying to
drag the crisis into the election, to steal the election again, create
a pre-revolutionary chaos scenario, and use that as a pretext for
imposing Martial Law or a State of Emergency’ unquote.
The Editor responded that ‘well, that’s the only such option they may
think they have left. They couldn’t attack Iran because (a) the US
military wouldn’t agree to such a rash and amoral attack and (b) in any
case, Iran is already a nuclear power, having at least 12 nuclear
warheads, according to British sources [see our DVD exposure report
dated 20th Sewptember 2008 again].
The Iranians obtained enriched uranium supplies delivered via Type-21
German submarines modelled on the World War II U-Boats, which have also
been used by the Bush Crime nexus to deliver drugs and captured
children for paedophilia purposes. This is known because a British
undercover team has photographed little girls disembarking from one of
these submarines at a location in northern Germany.
The children are
apparently picked up mainly in Sao Paolo, Brazil,
where they run wild, and off the coastline of Portugal, where resident
depraved beachcombers act as spies for the paedophile rings running
this abominable 'industry', and meeting the needs of the 'protected'
perverts, for instance, operating inside the European Commission in
Brussels.
Further, the substitute option of escalating the US provocation in
Georgia into a war with Russia was explicitly nixed by the US military,
who informed their deranged Commander-in-Chief that under no
circumstances would they agree to military hostilities over Abkhazia
and South Ossetia.
FINAL MADNESS WILL BE PREVENTED • CHENEY LEAVING EARLY
So presumably, stealing the election and generating pre-revolutionary
unrest and chaos in the process would theoretically be the final option
for these maniacs, who, by the way, will shortly be deprived of the
services of Vice President Richard B. Cheney. He is expected to leave
early.
It may be recalled that these US Presidential elections are manipulated
by the arrogant hitherto self-financing 'State within the State', the
Intelligence Power, which controls the Government inter alia by
appointing its own operatives to key positions throughout all branches
of the structures.
Tweedledum (the Republicans) will, if the defeated Republican/Nazi
faction inside the Intelligence Power acts in accordance with the
script, be succeeded by Tweedledee, the ‘left-wing’ ‘Democratic’
faction operating dialectically within the Intelligence Power.
Both are Tweedle: that’s the key to understanding the electoral fraud
that's going on. And it should never be forgotten amid the hype and
hysteria of the election. This is the American revolutionary model of
(fake) ‘democracy’. Tweedle is in the driving seat at all times.
But at the same time, we are told that the mad option of stealing the
election and causing chaos would in any case be prevented, too, like
all the earlier attempted extracurricular abominations that this
corrupt US Administration has contemplated, with the exceptions of
9/11, its disastrous foreign wars and the failed provocation in Georgia.
Finally, since President
Bush has been forced to ‘host’ an
international meeting on 15th November 2008 to 'discuss' how to handle
the global financial crisis, which can hardly take place absent the
Settlement payouts beforehand, all this talk of a pre-election
atrocity
and Martial Law can be seen to represent just another wave of the
familiar cynical diversionary Psychological Operations.
Certainly, the very recent decisive indications surrounding the
Settlements suggest that the worst Government kakocracy (5) in
America’s history has run out of options. It will be remembered for
having squandered vast resources on pointless wars, for having murdered
2,000,000 people, for having bequeathed a chaotic fiscal legacy and
financial burden for its successor to sort out, and for having
squandered its time in office to perpetrate unfettered, deeply corrupt
fraudulent finance and stealing scams to fund ‘Black Operations’ and
for grotesque personal enrichment purposes.
Very probably, the main villains of this odious criminal Administration
will find that, once out of office, certain ongoing judicial and law
enforcement procedures will see to it that they receive the
come-uppance that they so richly deserve – if, that is, they can even
manage to survive physically. As you know, many of their associates
have, of late, ‘ceased to exist’.
Mention by Colin Powell and several other big figures of 'a crisis that
the American people know nothing about occurring on 21st/22nd January'
immediately following the new American President's Inauguration
confirms (a) that the US élite are congratulating themselves for
having
covered up the endless corruption in high places from the general
public through their control of the ‘mainstream media’ (Operation
Mockingbird); and (b) that it is taken for granted that the new
President will be obliged to trigger immediate action against the
high-level perpetrators of these financial crimes: otherwise the new
President will be personally implicated in these crimes.
• That puts paid to all the talk about
each of the candidates having ‘done secret deals’ with the Bush-Clinton
Crime Syndicate to continue the cover-up of these absolutely
unprecedented crimes.
PRESIDENTIAL PARDONS NO USE: OFFENCES WERE COMMITTED IN EUROPE
Presidential pardons? Forgeddaboudit. The bulk of the financial crimes
were committed in Britain and Europe, where the accounts were
maintained precisely because to have operated such a vast system of
financial fraud domestically would have been contrary to the US
securities regulations.
The London ‘safety lock boxes’ yielded the concrete evidence that is
being used to take these crooks down, on both sides of the Atlantic.
• The hero of our era is therefore Deputy
Metropolitan Police Commissioner John Yates.
POSTSCRIPT:
It is surely ‘not by chance’, as they say in Moscow, that, at the very
end of this disastrous Bush II term, the Cuban Government has suddenly
announced that there may well be more than 20 billion barrels of
recoverable oil
located in offshore fields in Cuba’s share of the Gulf
of Mexico, more than twice the previous estimate. What timing!
If confirmed, this will place Cuba’s oil reserves on a par with the
‘announced’ reserves of the United States, and would catapult Cuba into
the group of the top 20 oil producers. Drilling by the Cuban state oil
corporation, Cubapetroleo, or Cupet, is expected to begin in 2009. In
reality, the drilling will be done by Chinese contractors.
Stand by, therefore, for the removal of the intentional US political
cap on Cuba’s oil reserves, the wholesale rehabilitation of Cuba into
the ‘family of nations’, the progressive reduction of the US obsession
with wrenching the oilfields from others in the Middle East for its own
corrupt use, and a retrenchment and refocusing by the United States on
its own sorely neglected back yard.
The Cuban oil is located more than a mile deep under the ocean and will
be difficult and expensive to extract; and it will be three to five
years before any meaningful supplies of Cuban oil from these reserves
come on-stream. Nevertheless, this development, and its timing, is
symbolic of the end of a disastrous era, and can be counted as another
hopeful sign for the future.
Notes and references:
(1) ‘None of this must ever come out, you understand’: comment by
Gwendoline Waymark (not her real name), a US operative ‘working for’
George H. W. Bush Sr., left on the Editor’s voicemail in May 2003,
after it became known that the Editor was investigating the operations
of ‘the Octopus’.
(2) In 2004, the veteran journalist and writer Gordon Thomas
pressurised the Editor insistently to make contact with a
Ukrainian-American Pentagon-linked operative who wished to see him. He
said that the US operative had been ‘checked out by MI6’.
The Editor finally consented to meet this individual, who then
requested to be contacted while examining fishing tackle in a sports
store on Fifth Avenue in New York. The Editor later provided the
official gratis with information that he obtained from open sources,
including the website of Soviet Military Intelligence (GRU), which this
person could perfectly well have researched himself.
When visiting Gordon Thomas in Bath, England, late that year, Mr Thomas
suddenly confronted the Editor with the fact that 'MI6' had informed
the British press that the Editor had been involved with Mark Thatcher
in connection with the aborted putsch in Equatorial Guinea.
Since the Editor has done nothing else except write, edit and produce
publications since 1969, and provide high-level political advice when
asked to do so on occasion, there would have been no time for such
antics. When the Editor protested that this was all totally false,
Thomas replied:
‘It doesn’t matter that it’s not true. All that matters is that it’s
out there’.
The full sequence of this episode is published in the imminent issue of
International
Currency Review [Volume 34, #1], since it throws further light on
the nervousness of the criminalists.
Later, the Pentagon-linked operative surfaced in Britain, where he
visited MI6; and after returning to the United States, he telephoned
the Editor and started jabbering about some project with which he
erroneously stated that the Editor was involved, with Bernie Ecclestone
in Monaco, which is a key CIA money-laundering, fraudulent finance and
‘funny money’ manipulation center.
When the Editor stopped him and pointed out that he had better go back
to his sources because the Editor didn’t know what on earth he was
talking about, there was a long silence. Then the US operative
stumbled: ‘Well, that’s worrying, in view of where the information came
from’.
It transpired that these fake stories were all depraved intelligence
community traps and stratagems designed, in Gordon Thomas’s words, ‘to
make you sit up’. He then elaborated:
'They think you may be dangerous because you have the documents and you
control your own publications, and you might expose these activities.
So they have disseminated these stories so that the press won‘t take
you seriously when you publish anything along these lines'.
To which the answer is that the 'mainstream media' fully met the
cynical expectations of Gordon Thomas and of the corrupted
(DVD-oriented) elements inside MI6 (GO-2: General Operations – 2),
headed by John Scarlett, who is a pawn of the DVD.
But this website has surely made an end-run around the complacent,
controlled and bamboozled UK ‘mainstream media’, making fools of these
particular intelligence community ‘mental defectives’ who bore false
witness against this Editor to the British press.
• Furthermore, these British, traitorous
‘mental defectives’ need to understand the following: Independent
operators with decades of experience of fending for themselves like
this Editor don‘t take kindly to arrogant jackboot tactics from
second-rate parasites paid for by his tax remittances whose job should
be to protect the Kingdom from enemies, not to try to discredit a
person whose father fought for THEIR freedom in TWO World Wars.
• You loathesome skunks, Gordon Thomas
included: This should make YOU sit up.
(3) As noted in earlier reports, Lenin taught that agreements with ‘the
bourgeoisie’ could be broken at any time consistent with the changing
revolutionary ‘correlation of forces’. Thus Lenin differed from George
W. Bush Jr., who signs agreements with the specific intention of
reneging on them immediately. In this sense, Bush 43 is far more
Leninist than Lenin himself.
(4) Full details of how the long-range pan-German hegemony strategy is
realised through the German-French dominated European Union Collective,
are published in this Editor’s 2007 book entitled ‘The
New Underworld Order’, Chapter Ten: ‘The Thousand-Year Reich’.
‘Europäische Wirtschaftsgemeinschaft’ [the ‘European Economic
Community’] was a compendium of papers given at a seminar conducted in
Berlin in 1941 by top German Nazi Party intellectuals.
The blueprint for the reorganisation of Europe under German hegemony
was arranged in almost exactly the same manner as the Maastricht Treaty
of 1992, the key chapter and subject headings of which are almost
identical to those of the Nazi compendium, which was published in 1942.
Copies of this Nazi document are available in the Staatsbibliothek,
Berlin, and in the British Library, London. The copy in the British
Library must be ordered in advance. Facsimiles of some of the pages
from the document are published in the Editor’s book.
(5) Kakocracy: Governance by the worst elements of society exclusively
in their own interests to the deliberate detriment of all other
elements of society. See Glossary with the Cottrell Plan text.
david icke ...
http://www.davidicke.com/content/blogcategory/30/48/
Friday, 24 October 2008
Alan Greenspan's 18
Year Crime Spree Was "A Mistake"
'Wow! The arrogant,
crusty old thief and Darling of Wall Street finally admitted that he,
"made a mistake"
by deregulating the financial system throughout his 18 years as head of
the most powerful criminal syndicate in the history of the world - The
Federal Reserve. Now, after he and his gang have finished their
controlled demolition of the US economy and robbed the country, he
stands before congress and glibly says he made a "mistake". Now that's Hutzpa,
folks!'
That
Rothschild Clan In Full: Eccentricity, Money, Influence And Scandal
'Nat
Rothschild’s
career path – from playboy to plutocrat – has to be seen against the
backdrop of his family history, studded as it is with eccentrics who
were torn between loyalty to an immense and powerful name and the urge
to break away from the clan.'
'John Hutton has
become the first defence secretary to back a French plan for a European
army, branding those who dismiss it as “pathetic”. In a wide-ranging
interview with The Sunday Times, he said: “I think we’ve got to be
pragmatic about those things. Where it can help, we should be part of
it.” His support goes beyond the public position of Gordon Brown, the
prime minister, and will antagonise those who believe that further
European cooperation will undermine Nato by excluding the United
States. Nicolas Sarkozy, the French president, has sought to develop
Europe’s military structures with new headquarters and rapid reaction
forces, each consisting of 1,500 troops from member countries.'
Darling
Knew About Potential Icelandic Bank Meltdown Weeks In Advance
'Alistair
Darling was
alerted to the possibility of a meltdown of Icelandic banks 'weeks'
before they collapsed, taking billions of pounds of British savers'
cash invested in them. A transcript of a private telephone conversation
on October 7 between the Chancellor and an Icelandic government
minister shows that Mr Darling had been 'very concerned' about the
country's banks well before they failed.'
'A laser
that can scan
a crowd and identify people who have been handling explosives is being
secretly tested at British airports and railway stations. The device -
no bigger than a shoe box - could also be used by police and MI5
surveillance teams to identify Islamic terrorists outside mosques or
community centres. The laser can pick out suspects in large crowds and
highlight explosive residue on their clothing and luggage.'
'Shadow
Chancellor
George Osborne was embroiled in a new row last night over claims that
multi-millionaire playboy and financier Nat Rothschild was responsible
for bankrolling him with nearly £200,000 of funding.
Authoritative
sources close to Mr Rothschild, a friend and ally of Peter Mandelson,
say a £190,000 donation to Mr Osborne's office last year -
declared as
coming from Lady Serena Rothschild - was paid because she was urged to
do so by her son, Nat.'
'It all began when
former State Department chief, Colin Powell, endorsed Barack Obama for
president on Meet The Press, October 19 2008. Obama responded by
saying, “Powell will have a role as one of my advisers.” Attached to
his endorsement of Obama, Powell leaked an Obama-camp agenda
about a coming crisis: "There's going to be a crisis which will come
along on the 21st, 22nd of January which we don't even know about right
now....View
Entire StoryHere.On the very same day, (what
a coincidence!), while at a Seattle
fund raiser, Obama’s VP pick, Joe Biden, expanded on Powell’s prediction,
by saying that the ‘crisis’ will be one of “international”
proportions:' ...
AS FIRST REVEALED by historian, political analyst, and
Washington insider, Webster Tarpley of Rense.com
- a new
ruling elite is now in place in Washington. This power bloc is
headed by the founders of the Trilateral Commission, David
Rockefeller & Zbigniew Brzezinski. Obama is no more than a “blank slate”
for this new ruling elite.
As the name “Trilateral” reflects, the mission
of the Trilateral Commission
is to divide the world into three regional super-governments, as an
interim step toward world government. As the appellation “Commission”
reflects, the instrumentality of a “shadow government” is implied.
(More on this soon)......
ON OCTOBER 24 2008, Washington, (translate
Rockefeller-Brzezinski), initiated sanctionsagainst Russia’s state-controlled arms exporter, Rosoboron
Export.
Russia’s foreign minister, Sergei Lavrov, responded
by saying that “the sanctions imposed by the US on Russia’s state-run
arms exporter contravene international law and will harm ties with
Washington.” Lavrov concluded
his remarks by saying that the US sanctions was “an unfriendly act.”
And so my friends — the ‘predicted’ world
crisis, leaked by the Obama camp on October 19 2008 — has already begun…
Congress:
What Bernake And Paulson Aren't Telling You
'Ben
and Hank have both told you that the critical issue for the economy is
for "lending to resume", stating that it has dramatically contracted. If
this was the truth, then Ben and Hank would have come to you for $700
billion in the TARP, but instead of TARPing the money, they would have
asked for permission to use it to capitalize 10 new banks which would
be immediately IPO'd off to the public with the stake being in the form
of some kind of super-senior debt that held a coupon high enough to
encourage immediate (or nearly-so) replacement with private capital.'
....
In short, it wouldn't have done anything because
the economy only grows at a rate of about 20 cents for every dollar of
debt taken on. That is, it takes five dollars
of debt to generate one new dollar of GDP.
The
bad news is that once you reach the "$1 for $1" level you are no longer
able to finance growth with debt, and it becomes inevitable that
you will begin to finance debt with debt.
That, of course generates no GDP at all
but precipitously tightens the spiral.
We crossed that Rubicon roughly around
1968, and you have had this fact concealed from you.
Sarkozy
Tries To Install Himself As European Union President
'The
French president,
who holds the EU's rotating six month presidency until the end of
December, has dominated the international stage following the Russian
invasion of Georgia in August and the global financial crisis in recent
weeks. But he has dismayed Brussels diplomats and angered the Czech
Republic, which takes over the EU presidency in January, by suggesting
that countries belonging to the euro, with an invitation extended to
Britain, should form an emergency "economic government" with President
Sarkozy at its head.'
http://www.telegraph.co.uk/news/worldnews/europe/france/3254628/Nicolas-Sarkozy-under-attack-after-EU-president-proposal.html
Berlusconi
Erasing The Basic Principles Of Democracy
'The
Italian
government is erasing the basic principles of democracy, ignoring all
opposition and diminishing the importance of a whole country
demonstrating against Berlusconi and his ministers.'
'The Bill
and Melinda
Gates Foundation awarded 100,000 dollars each on Wednesday to
scientists in 22 countries including funding for a Japanese proposal to
turn mosquitos into "flying syringes" delivering vaccines.'
' Iraqi
Premier Nouri al-Maliki 'will not sign' the Status of Forces Agreement
(SOFA) over fears that it might create division in the country. A
lawmaker from the United Iraqi Alliance, Iraq's most powerful
parliamentary bloc, made the announcement, adding that a "national
consensus" is required before any move, the McClatchy Newspaper
reported on Saturday.'
Today the initiates and frontmen for the "Babylonian
Brotherhood" control world politics, banking, business, intelligence
agencies, police, the military, education and the media. The most
important of these, in terms of control, is banking. The creation and
manipulation of money. The Brotherhood financial sting is very simple
and spans the period we are documenting from the time of Sumer and
Babylon to the present day. It is based on creating money that doesn't
exist and lending it to people and businesses in return for interest.
This is how "they" control governments, businesses and
the general population, by creating enormous debt. (...)
Another of the Brotherhood's most important coups was
the creation in 1913 of the Federal Reserve, the so-called 'central
bank' of the United States. It is neither federal nor has any reserve.
It is a cartel of private banks owned by the 20 founding families,
mostly European, which today decides the interest rates for the United
States and lends non-existent money (figures on a screen) to the US
Government on which the taxpayers have to pay interest.
What we call the 'American Deficit' - is nothing more
than fresh air.
The Federal Government of the United States does not
own a single share in the Federal Reserve and American citizens cannot
purchase them. Profits exceed $150 billion a year and the Federal
Reserve has not once in all its history published audited accounts.
This income is assured because:
1. The Brotherhood control the US Government (the
Virginia Company under another name) which continues to borrow 'money'
from the 'Fed';
2. They also control the privately-owned Internal
Revenue Service (IRS), the illegal terrorist organisation which
collects the taxation from the people;
and
3. it controls the media to ensure that people
never find out about 1 and 2.
The Brotherhood had long desired a privately-owned
'central bank' in America to complete their control of the economy.
When the leading Freemason, George Washington, became the first
president he appointed a Brotherhood yes-man called Alexander Hamilton
as his Secretary of the Treasury. Hamilton introduced the Bank of the
United States, a privately owned central bank which began to lend money
to the new US Government so creating control by debt from the very
start. Look at what happened when the Black Nobility introduced the
Bank of England, and the scenario is exactly the same. The Bank of the
United States caused so much poverty, bankruptcy and rebellion, that it
was eventually closed down, but soon after that came its replacement,
the Federal Reserve.
United States District Court Judge R. Barclay Surrick dismissed a
lawsuit against the candidacy of Barak Hussein Obama because, he ruled,
voters do not have legal standing to challenge a non-citizen running
for US President.
The
lawsuit, brought by Democrat Attorney Philip J. Berg of Pennsylvania,
established as a legal fact that Barak Obama is not a "natural born
citizen" of the United States. The lawsuit established as a legal fact
that Obama was born in Kenya and, later was made a citizen of
Indonesia. As such, Obama is Constitutionally ineligible to run for US
President.
Despite being a loyal Democrat, Mr. Berg filed the
lawsuit because the Constitution REQUIRES any candidate for President
to be a natural born citizen and he knew Obama was not.
Judge
Surrick dismissed Berg's lawsuit ruling any harm from an allegedly
ineligible candidate was "too vague and its effects too attenuated to
confer standing on any and all voters.
In the past, I would have
published the home address of the judge involved so citizens to express
their outrage. SInce I am now using Google's free blogspot service, I
cannot make such a publication because this blog would be immediately
shut off.
Had my listeners supported me better in the past, we could have
continued enjoying
the freedom of my own web site on my own server. Alas, that freedom is
gone.
I warned this would happen and here we go. China has launched a full
scale assault upon the U.S. dollar, telling countries around the world
to "banish it" from international trade!
This is no small problem and will make financial matters here in
America very much worse very fast.
This is economic warfare; intentional and malicious. It's the kind of
act that starts wars.
Posted By:
in_PHI_nitti
Date: Sunday, 26 October 2008, 5:42 a.m.
Attention Spiritual
WARRIORS. Its time
WEILD YOUR POWER and use your VOICE. Dr Deagle has reinforced what I
have long known - and that is the one thing that is feared by the lords
of darkness - your ability to call on cosmic assistance and know THE
POWER OF INVOCATION.
WARNING:This message may
not be
comfortable; but I recognize Dr. Deagle as a planetary messenger OR I
WOULD NOT BE STICKING MY NECK OUT.
Harper
dit : « Ce n’est pas la job d’un premier ministre
d’avertir la populationque ça va
mal dans l’économie »
Holà !
Ta job Harper, c’est d’être responsable de tous les Canadiens,
dans tous les domaines.Pas
négociable !!
Ta
formation d’économiste dépasse au bas de ta robe.
......
---
Sport des
dieux : Montréal a été éliminé
de la compétition de Formule #1 en 2009.La
raison n’a rien à voir avec l’argent, mais plutôt avec la
date à laquelle la compétition de Montréal
était prévue.
Il serait
simplement impossible de compléter la compétition
à Montréal, la première de juin 2009. La situation
sera mauvaise.
Sports de
dieux vous dites ?
Premier
critère pour appartenir au groupe très
sélect des proches de la F1: Être pilote ou encore
faire suivre sa Ferrari ou sa Lamborghini par container sur tout le
circuit mondial de la compétition.
Des changements importants devraient prendre place sur le
Soleil Jupiter Neptune Saturne et Mars dans les prochaines semaines.Un sursaut de rayonnement gamma est à
prévoir.
Je ne vous
expliquerai pas en long et en large, à vous de lire.
Ceux qui ne
respectent pas vos demandes syndicales, sont les mêmes qui vous
dirigent vers une apparence syndicale de circonstance, en faisant
porter la culotte de combat militaire.
Tout ceci
possède un but inavoué.
L’état,
c’est nous tous. Pas un avocat qui s’amuse à faire le clown
parce qu’il a accès aux médias.
Le Sommet de lafrancophonie est le moment de démontrer
que votre professionnalisme dépasse de loin les gigolos de la
politique québécoise qui passent leurs temps à
sucer plus.
Vous avez un
code et des protocoles.
Ne vous
laissez pas diriger par ces victorieux à tresses blanches
qui possèdent le monde l’univers et le reste. Le peuple a besoin
de vous pour faire respecter le droit à l’opinion.
Soyez glorieux
et fiers, non par soumission à un petit politicien de merde, ni
par vengeance à la suite d’un petit chef syndical qui
possède beaucoup de maîtres, mais pour le peuple.
Réagissant
comme un sphincter de bas étage en proie au stress, les banques
se contractent et commencent à rappeler les marges de
crédits des petits entrepreneurs.
La plus
mauvaise nouvelle courante passera encore inaperçue pendant un
bon moment. Elle concerne cette réunion d’urgence du G20,
demandée par les États-Unis à Washington, le 14
novembre pour un souper à la Maison Blanche et le 15 pour des
discussions autour des problèmes de la finance mondiale.
C’est au
cours de la matinée du 15 qu’ils tenteront d’arracher à
la force, un compromis dont l’issue aux ramifications
désastreuses pour le peuple, est déjà connue. Il y
a peu de doute que toutes les actions et mouvements de la finance
internationale qui se produiront d’ici là, le seront en fonction
de cet unique objectif.
Cette date
s’inscrit avec relief dans le calendrier de guerre de l’Emporium. .... Le radiomètre est au
point mort depuis hier le 25 octobre à 21 heures, moment du
croisement avec Saturne. Première fois qu’il s’arrête
aussi longuement et première fois qu’il s’accroche sur un cycle
de la lune.
Le moment où il repartira, nous donnera du même coup
certaines précisions sur les courants d’énergies en cours
et leurs intensités. http://www.incapabledesetaire.com/predict.htm
