Thursday, November 13, 2008

The Franklin Cover-up Scandal

The Child sex ring that reached Bush/Reagan Whitehouse



Why didn't the Main Media carry this story????????

Monday, November 10, 2008

False flag to communism

In reality, Communism is a tyranny planned by power seekers whose most effective
weapon is the big lie. And if one takes all the lies of Communism and boils them
down, you will find they distill into two major lies out of which all others spring.
They are: (1) Communism is inevitable, and (2) Communism is a movement of the
downtrodden masses rising up against exploiting bosses.

How effectively can you oppose anything if you feel your
opposition is futile? Giving your opponent the idea that defending himself is futile is
as old as warfare itself. In about 500 B. C. the Chinese war lord-philosopher Sun Tsu
stated, "Supreme excellence in warfare lies in the destruction of your enemy's will to
resist in advance of perceptible hostilities." We call it "psy war" or psychological
warfare today. In poker, it is called "running a good bluff." The principle is the same.

Thus we have the American people: anti-Communist, but unable to define it and antisocialist,
but thinking it is inevitable. How did Marx view Communism? How
important is "the inevitability of Communism" to the Communists? What do the
Communists want you to believe is inevitable-Communism or socialism? If you study
Marx' Communist Manifesto you will find that in essence Marx said the proletarian
revolution would establish the SOCIALIST dictatorship of the proletariat. To achieve
the SOCIALIST dictatorship of the proletariat, three things would have to be
accomplished: (1) The elimination of all right to private property; (2) The dissolution
of the family unit; and (3) Destruction of what Marx referred to as the "opiate of the
people," religion.




Biden told the top Democratic donors that a “generated crisis” will develop within six months and Barak Obama will need the help of community leaders to control the population as unpopular decisions are made and Americans resist.

These politicians are on the inside of our future attacks. When one happens, we need to grab the politicians and waterboard them. Work our way up the chain. They don't represent us anyway. Any when they suggest nullifying our Constitution, we need to kill them as traitors. You are either with the Constitution or against it. If you are against it you will be eliminated. How dare our politicians take our money and try to scare us into Communism.


Biden speaking at the fundraiser, “I can give you at least four or five scenarios from where it might originate, And he’s gonna need help. And the kind of help he’s gonna need is, he’s gonna need you - not financially to help him - we’re gonna need you to use your influence, your influence within the community, to stand with him. Because it’s not gonna be apparent initially, it’s not gonna be apparent that we’re right.”

Biden’s ominous language at the Seattle Sheraton are followed with statements by long time establishment insiders Colin Powell and Madeline Albright both say there is a massive crisis on the horizon and Biden was simply making a “statement in fact.”

“The problems will always be there and there’s going to be a crisis which will come along on the 21st, 22nd of January that we don’t even know about right now.” Powell told Meet the Press.

Lord West, adviser to Prime Minister Gordon Brown on national security says, “There is another great plot building up again and we are monitoring. It dipped slightly and is now rising again within the context of severe. The threat is huge. We have done all the things that we need to do, but the threat is building - the complex plots are building,”

Across the channel from England you have the French Foreign Minister Bernard Kouchner warning the press that he believes Israel will strike Iran before they can develope nuclear weapons completley ignoring the fact that the chief of the International Atomic Energy Agency, Mohammed ElBradei, said that Iran lacks the key components to produce an atomic weapon.

“The devastation that could be wreaked by one major nuclear weapons incident alone puts 9/11 and almost everything else [in] to the category of the insignificant,” Rudd said.

Why are there so many high level politicians around the world in a seemingly coordinated effort warning of huge threats and developing crisis’ that may include a nuclear device? Are they preparing the masses for an event or series of events that have been in the making for some time? Is the public being prepared for new and forming enemies with a potential to plunge the entire world into war?
----end quote---

A number of notable public figures, to be sure; Biden, Rudd, Colin Powell, Matelaine Albright, Lord West and French Foreign Minister Bernard Kouchner.

Monday, October 27, 2008

Alan Greenspan's 18 Year Crime Spree Termed "a mistake"

Les Blough Oct. 23, 2008



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! Poor Alan goes on to obfuscate,

“If we are right 60 percent of the time in forecasting, we’re doing exceptionally well. That means we are wrong 40 percent of the time. We at the Federal Reserve had a much better record forecasting than the private sector, but we were wrong quite a good deal of the time.”

First, the Federal Reserve is "the private sector", i.e. a private corporation. Second, "... a good deal of the time" amounts to the 18 years he served the Illuminati, manipulating, controlling and stealing the people's money through the ruling elite's own private corporation - a mafia - known as The Federal Reserve.

Greenspan said “You know, ... I have been going for 40 years or more with very considerable evidence that it was working exceptionally well.” He lied that he was "very distressed" and in a state of "shocked disbelief" when he realized the banks inability to regulate themselves. Considerable evidence? There is also considerable evidence the entire crisis is the result of a "long term strategy", as F. William Engdahl put it, planned in order to collapse the system and thereafter achieve a greater concentration of wealth and power in the hands of the very few who continue to control the U.S. and other world economies.

As Greenspan stood before Congress, Bill Sali, Republican from Idaho questioned Christopher Cox, the Chairman of the Securities and Exchange Commission. Sali asked Cox, "Is somebody going to go to jail?" (for these crimes). Cox "quickly backed off a hard line approach", according to the NYT and answered,

“There’s no question that somewhere in this terrible mess many laws were broken. You know, cleaning up the mess through law enforcement after the fact — while important, is not ideal.”

We have 2 rather obvious questions about that exchange:

1.
Mr. Cox, "law enforcement" is your job. The Security and exchange commission, "holds primary responsibility for enforcing the federal securities laws and regulating the securities industry, the nation's stock and options exchanges, and other electronic securities markets." The supposed purpose of this hearing is to investigate the crime and to "clean up the mess", as you call it, which was caused by deregulation! Your answer, Mr. Cox, clearly indicates that you are still not willing to enforce or regulate.

In his cynical response, admitting that "many laws were broken", Cox continues to abrogate his responsibility to "enforce and regulate" by stating that imprisonment of the criminals, "is not ideal". Can you hear a sitting Judge telling the prosecutor that prison "is not ideal" for a bank robber or murderer in a U.S. criminal court? It would certainly not be ideal for the thief or the killer!

2.
The US government has always used law enforcement and punishment to fight and "clean up" other crimes ranging from smoking marijuana to armed robbery and murder. Have their crime-fighting tactics suddenly changed for those behind these high crimes? "Impunity" comes to mind.

Alan Greenspan should not be standing in front of the so-called "firing line" on Capitol Hill. He should be standing before a criminal tribunal to be tried and convicted of his crimes. He should then spend the rest of his sordid life in prison and not in a "country club" like the federal prison at Allenwood, with its horticulture training, outdoor courts for tennis, basketball, handball, bocce, and horseshoe pitching, running track and indoor gym. I'm sure the nation's poor and many of those who have lost their homes and retirements due to his deregulation policies would agree. Instead of Allenwood, Alan Greenspan should serve the rest of his natural life in a real prison, alongside men who have committed far lesser crimes than he. In my 8 years working in U.S. prisons, I met a number of men behind bars who would like to get to know him.

Those lawmakers and law enforcers who supported this capitalist system of theft and corruption and who are now "grilling" Greenspan, should be housed in barred cells along the same catwalk. In the unlikely event of their imprisonment, our advice to all of them is, "Pick up the soap, bitch".

Friday, October 24, 2008

The $600 Trillion Derivatives Emergency Meeting

Here is an update on the size of the derivatives market with the latest official figures (.pdf) from the Bank for International Settlements (BIS). Hold your breath, as we are not anymore talking paltry billions but TRILLIONS of whichever fiat currency.

Current emergency meetings on banks and markets are still only in the stage where politicians and central bankers are bickering over how to create a few more hundred billions Euros and FRNs. But toxic MBS pale in comparison to the mushrooming growth of the derivatives market. According to figures released in the quarterly review of the BIS (pp A103) in September the total notional amount of outstanding derivatives in all categories rose 15% to a mindboggling $596 TRILLION as of December 2007.

Two thirds of contracts by volume or $393 TRILLION fell into the category of interest rate derivatives. Credit Default Swaps had a notional volume of $58 TRILLION, seeing the sharpest relative increase after a volume of $43 TRILLION a year earlier.

Currency derivatives reached a volume of $56 TRILLION.

Oh, and every grand balance sheet comes with a trash can. Unallocated derivatives with a notional amount of $71 TRILLION are looming over the heads of the disintegrating investment community too.
However You Look At It, This Is an Accident Waiting To Happen

Don't lose your sleep because of these numbers that KO my desktop calculator. In an ideal world - in which we are not - long and short derivatives would net out each other, leaving only a fraction of risk. The BIS tries to assess this net risk with a total of $14.5 TRILLION (2006: 11.1 TRILLION) in gross market value for all contracts but comes up with a second figure.

The so called Gross Credit Exposure appears almost moderate at $3.256 TRILLION after $2.672 TRILLION a year earlier.

Even when taking the lowest of these figures shudders run down my spine. All emergency talks have so far focused on a few hundred billions in fiat currencies, but the current nervousness demonstrated by hectic talks of finance ministers and central bankers all over the globe should give everybody a vague idea that something here may blow up any day. This pool of so far silent derivatives without a major bust can come to life any day with the failure of a multinational financial firm.

The BIS review is a good way to grasp the dimensions long term monetary expansion has brought upon us. A net risk of $14 TRILLION compares with the annual GDP of the USA. Nobody, absolutely nobody can afford this tab in the case of an unorderly unwinding of this market that is roughly 12 times the size of the global economy. I conclude a lot more paper promises will be burnt in the coming derivatives tsunami. As a reminder, most of these contracts have been moved off balance sheets into under capitalized subsidiaries that profited from the good rating of the parent company. But in case of a default it is this nasty, nasty huge notional amount that becomes a liability.

As the vast majority of these contracts have no market, failure will come in the form of counterparty risk. This makes all the current emergency meeting a bit more understandable if politicians are already aware of the biggest bubble that may find no other way of deflation than a sudden burst. I base my sense of urgency on the rapid growth of the net risk in only one year, rising a stunning 30% at a time when the first signs of the credit crunch appeared.

German chancellor Angela Merkel said ahead of an emergency meeting with French president Nicolas Sarkozy in a TV interview that she would present a rescue package for German banks on Monday. This is also expected from several other European countries. Italian president Silvio Berlusconi went so far as to suggest a concerted stock exchange holiday. It would fit the other crooked nails in the coffin of free markets.

The Collapse of a 300 Year Ponzi Scheme

Ellen Brown, October 16th, 2008

All the king’s men cannot put the private banking system together again, for the simple reason that it is a Ponzi scheme that has reached its mathematical limits. A Ponzi scheme is a form of pyramid scheme in which new investors must continually be sucked in at the bottom to support the investors at the top. In this case, new borrowers must continually be sucked in to support the creditors at the top. The Wall Street Ponzi scheme is built on “fractional reserve” lending, which allows banks to create “credit” (or “debt”) with accounting entries. Banks are now allowed to lend from 10 to 30 times their “reserves,” essentially counterfeiting the money they lend. Over 97 percent of the U.S. money supply (M3) has been created by banks in this way.5 The problem is that banks create only the principal and not the interest necessary to pay back their loans. Since bank lending is essentially the only source of new money in the system, someone somewhere must continually be taking out new loans just to create enough “money” (or “credit”) to service the old loans composing the money supply. This spiraling interest problem and the need to find new debtors has gone on for over 300 years -- ever since the founding of the Bank of England in 1694 – until the whole world has now become mired in debt to the bankers’ private money monopoly. As British financial analyst Chris Cook observes:

“Exponential economic growth required by the mathematics of compound interest on a money supply based on money as debt must always run up eventually against the finite nature of Earth’s resources.”6

The parasite has finally run out of its food source. But the crisis is not in the economy itself, which is fundamentally sound – or would be with a proper credit system to oil the wheels of production. The crisis is in the banking system, which can no longer cover up the shell game it has played for three centuries with other people’s money. Fortunately, we don’t need the credit of private banks. A sovereign government can create its own.

Monday, October 20, 2008

JPMorgan Responsible for the Destruction of U.S. Financial System

By: Jim_Willie_CB

The tag team of JPMorgan as the monster and Goldman Sachs as its harlot represent a powerful pair that is more responsible for destroying the entire US financial system than 95% of the American public has any awareness. The colossus of JPMorgan is a monster, a predator, nurtured by pond scum. It has gobbled up Chase Manhattan, Manufacturers Hanover, Chemical Bank, Bank One, and more over the past two decades. Their profound presence in keeping the USTreasury Bond yields down can never be understated. They do so by managing 85% of the credit derivatives on the planet. They distorted usury prices, as in price of borrowed money, thus aggravating the LIBOR (London InterBank Offered Rate) market in a very visible manner.


The oblong usury prices have contributed mightily to the destruction of the US Economy itself, created bubbles, killed jobs, and wrecked savings. The ugliest hidden activity for the JPMorgan monster is to manage the Bank of Baghdad, where they manipulate the crude oil price, where drug trafficking money is funneled from Afghan sales, under management by the US Military aegis (guys with no uniform stripes or markings). Maybe such illicit money offsets Credit Default Swap losses, making America strong for freedom and liberty. Goldman Sachs is clearly the investment banking agent for the USGovt, given the privilege of insider trading in unspeakable proportions.

They manage the Plunge Protection Team efforts to intervene in financial markets, making America strong for freedom and liberty. The new kid on the block is the FDIC. The Federal Deposit Insurance Corp is steering fresh meat into the corralled JPMorgan stockyards for slaughterhouse feeding. The label of harlot might be too kind, especially from the perspective of senior bond holders. But JPMorgan requires fresh meat (capital) periodically, thus making America strong for freedom and liberty. Never mind the fires caused after its hearty meals and flatulence.

This article discusses the JPMorgan monster, its behaviour, and teeth revealed. Robb Kirby (see his website, click HERE ) often covers JPMorgan illicit behaviour This article discusses banking system realignments to destroy savings accounts owned by the people, and the Coup d'Etat just completed. The criminals on Wall Street have taken full control of the USGovt financial management, with blank check written by a thoroughly intimidated US Congress, deceived steadily and easily. Threats and intimidation are central to the successful coup. The Ponzi Scheme has been revealed, even as the frail and tattered Shadow Banking System has been revealed. The key to the bailouts is its continued Top Down approach, which favors the Ruling Elite and denies all but crumbs to the people, who have been subjected to a foreclosure revolving door on mortgage loan assistance.

Since nothing has been solved from this approach, a total systemic breakdown is assured, whose climax will be the current Administration and the Wall Street executives in charge of the criminal syndicate riding off into the sunset in retirement. Rome burns. Much more detail is provided in the upcoming October report due this weekend. The theme is this subset synopsis article is of criminality, deception, monster exploitation, market corruption, and the collapse of a failed system, whose crescendo represents the greatest financial crimes ever witnessed in modern history. Americans do it big! The proprietary Hat Trick Letter covers much more of recent events, interpretation, and analysis, but here, focus on impropriety.
THE MONSTER, ITS BROKER & HARLOT

JPMorgan will require fresh asset meat every several weeks in order to survive, but the process will result in a sequence of severely damaging CDSwap fires. Perversely, the FDIC is their investment banker agent. Two mergers of questionable nature highlight the altered role of the Federal Deposit Insurance Corp (FDIC), which no longer protects bank depositors or their investors, but rather serves JPMorgan Chase. When Bank of America merged with Merrill Lynch, a trend started, one that exposed private stock brokerage accounts. Officially they can be legally borrowed across subsidiary lines. The FDIC averted a failure of Merrill Lynch without the credit default implications.

The other event was more blatant, as the FDIC steered Washington Mutual out of bankruptcy failure and into the JPMorgan slaughterhouse. Inside its chambers, JPM gobbled up the WaMu deposits and benefited from ratio improvements. Senior bond holders were crushed, fully denied due process from bankruptcy. The FDIC has become an ugly investment banker lookalike, serving JPM and not the US public. The FDIC owns a pitifully small $45 billion in funds available for bank bailouts, at June count. When the dust clears a year or more from now, many multiples more will be necessary for many bank failures.

The path of JPMorgan growth into a FRANKENSTEIN took radical changes in course after both the failures of Lehman Brothers and recognition that Fannie Mae & Fannie Mae had to be taken over by the USGovt. To halt the run on their bonds, the USGovt acquired the entire F&F Cesspool. The impact hit the Credit Default Swap market immediately. AIG had been weakened one week earlier from the technical default of Fannie & Freddie, which resulted in broad CDSwap payout's. Ripple effects from the Lehman Brothers failure that followed were deep and broad throughout the system, killing AIG. The Wall Street central harlot (Goldman Sachs) advised the USGovt to assume full control and risk of AIG, as GSachs avoided $20 billion in sudden losses in the nick of time, a pure coincidence!

The entire episode with Wells Fargo bidding for Wachovia, in competition from Citigroup, is steeped in comedy with vampire stars. The grapevine in Washington and Wall Street passes word that the Citigroup versus Wachovia wrestling match was actually a sponsored backdoor bailout attempt to save Citigroup, not just Wachovia. Again, the FDIC was the matchmaker. My term has been ‘Dead Marrying the Dead' which still holds true, since Citigroup has been dead for one year. Under the original Citigroup proposal, the FDIC had arranged for guarantees of $42 billion for Wachovia debt by the US Fed. The new Wells Fargo deal enabled the US taxpayers to get off the hook. The reversal by the FDIC to serve the public has caused gigantic Wall Street problems, as Citigroup now finds itself in a position more perilous than anyone believed. This battle has flip-flopped once, and might again. Citigroup would probably have died if not for the USGovt purchase of bank stocks.

THE TEETH OF THE MONSTER REVEALED

JPMorgan is a monster predator at work, hidden from view. After the Fannie Mae experience, covering their giant raft of CDSwap contracts, making huge payout's, JPMorgan was close to a bankruptcy. They needed to feed off another bank, to consume private deposits and thus shore up the balance sheet. Lehman Brothers was let go to fail, but its failure would surely trigger a gigantic wave of credit market fires. The Lehman CDSwap resolution has cost roughly $300 billion, paying 91 cents per dollar of coverage on their failed bonds. The Wall Street Powers permitted Lehman to fail, so as to prevent a JPMorgan failure, thus risking that the fires caused could be contained in CDSwap fallout. The irony is that JPMorgan undoubtedly suffered considerably from that fire in fallout. Now JPMorgan might need another Wall Street failure, for to consume another block of assets, but with yet another ensuing CDSwap fire. JPMorgan is a monster predator at work, soon hungry again. It might be eyeing Morgan Stanley. We might discover a failure in an unexpected place, like a big insurance firm, whose sector condition is not well advertised.

With each big bank failure, whether a commercial bank or investment bank, heavy damage is done to the system. The CDSwap destruction is mostly hidden, with large pillars burned out. We the people hear of the destruction only if and when a major bank fails as a result. No death, no news, however but with potentially significant hidden structural damage. As financial firms pay out vast sums on CDSwaps as in the Lehman case, and the Fannie Mae case, and the Freddie Mac case, the system bleeds capital. Lending suffers. The sequence corresponds to a powerful vicious cycle. JPMorgan will need more deaths to survive, but each death causes more deadly CDSwap fires. JPMorgan is a monster predator at work, which leaves fires on pathways where it last stepped. The best analogy is that CDSwap contract payout's from bond failures are like mini-Hiroshima events that might lead to a bigger such event. Ironically, to save JPM the financial system must destroy the shadow banking system centered in New York City, since Wall Street firms, plus Bank of America are at its center. The system lacks disclosure and transparency, just like Wall Street likes it.

Permit the pathogenesis to proceed further, and the majority of Western bank system must be burned in order to leave JPMorgan as prominent survivor to rule over a scorched empire. This process is a sick consolidation. The bank conglomerate is a major crime syndicate colossus, and center of the drug traffic money laundering, coordinated by security agencies, fully condoned by the US Federal Reserve itself. The AIG story is nowhere complete, the latest being their expensive parties. AIG has caused major complications, another monster that will resurface periodically at feeding time. Personally, my wish is to see the RICO law brought forward, at least to deposit the monster in a cage. In done my way, not a single additional US Congressional bill would be approved and granted for a bailout or rescue without rapid investigation, prosecution, turn to state's evidence, asset seizure, restitution, and imprisonment for dozens of Wall Street executives, starting with Hank Paulson.

STOCK MANIPULATION WITH DEEP MOTIVE

Few analysts, pundits, or anchors are aware of the mammoth conflict of interest involved with the USTreasury Bond sales required to pay for all the bailouts. JPMorgan, with the essential aid of Goldman Sachs, plot to bring down the DJIA index and the S&P500 index whenever the USTreasury conducts auctions or needs Congressional passage of key bailout bills. They have sold $194 billion of Cash Mgmt Bills (CMB) in the last two weeks, today $70B, tomorrow another $60B. The big stock declines seen recently work to the BENEFIT of the USTreasury and US Fed. as agent for auctions. TBill yields are down near zero, in case you have not noticed, with principal prices corresponding almost as high as the bond permits. The USGovt is conducting auctions for TBills at top dollar prices, when its credit rating should be caving in radically upon downgrades. These USTreasurys are destined to enter default at a later date, where the loss to foreign investors will be maximized. Most of the US public has savings dominated by stocks, with little in bonds. So the US public is being fleeced, coming and going, since even money markets contain toxic mortgage bonds. Look for the stock market decline to come to a surprising end when the USGovt has completed the majority of their planned emergency supply sales via auction.

The Wall Street tactics have recently turned more vicious and devious, actually creating volatility, producing fear for political purpose. They accuse hedge funds of driving up the crude oil price, rendering great harm to the US Economy and US citizens. So they urged unsuccessfully the Securities & Exchange Commission to force hedge funds to reveal their speculative positions. The Wall Street thieves and conmen wish to learn details on hedge fund positions so as to target them illicitly. In a queer twist, JPMorgan has benefited from an interesting double kill. They exploit hedge funds, wreck them, then encourage them into the fold at JPM in brokerage accounts, where their private accounts are rendered vulnerable under the new US Fed. rules. JPMorgan is a monster predator at work, which is permitted to manipulate markets and clients with total impunity.

There is one more detail. Lest one forget, Goldman Sachs was exempt from the short rule restriction placed on a few hundred financial stocks traded. The reason had something to do with market stability and integrity assurance! Goldman Sachs clearly profited from the ups & down in the Dow and S&P500, lifting stocks after Congressional agreements, pulling them down before those agreements. JPMorgan and Goldman Sachs profit handsomely when the USGovt Plunge Protection Team pushes the stock indexes up with their usual methods. Of course JPM and GSachs are the managers of the PPT efforts. YES, IT IS TIME TO PUKE NOW!!!
HIDDEN USGOVT COUP BY WALL STREET

The US Congress has been subverted by intimidation and ignorance, maybe bribery. Regulators and law enforcement bodies are mere accomplices. The entire US banking system has undergone an unprecedented grand nationalize initiative, including the financial system, when considering the mortgage and insurance giants. The total bailouts are huge when put into perspective. This is a hidden coup, complete with deep fraud, corruption, and ruin for both prosecutors and whistle blowers. The US Dollar is caught in the middle of a black hole scrambled with fraud. Paulson is the new Chancellor of US Inc, Bernanke the new Currency Lithography Manager, and Sheila Bair the Investment Banker (a la Goldman Suchs). Paulson assumes all powers over the financial state from the president, via the banking industry control.

The government bailout redemption of $trillion past fraud closes the loop. Bernanke manages all efforts to use printed money for the purpose of buying worthless counterfeited and fraud-laced bonds, buying commercial bonds and posted collateral among businesses, as well as making printed paper products available to foreign central banks in relief of past fraud. Bair will act as the director of slaughterhouse traffic for JPMorgan, which needs a steady supply of bank deposits to offset their destroyed balance sheet from continued credit derivative implosion, thereby betraying the chartered FDIC pledge to protect bank depositors and senior bank bond holders through liquidation procedures, with full recognition of expedience. Hail to the king, long live the king! The US public seems so dumbstruck that it cannot demand even full disclosure of the process, let alone private offshore bank accounts for the new leaders of the successful coup.

The coup formalizes a climax to a Ponzi Scheme. A pyramid scheme is a non-sustainable business model that involves the exchange of money primarily for enrolling other people into the scheme, without any product or service bearing true value delivered. With the ongoing steadfast support offered by Alan Greenspan, they were able to maintain an incredible Ponzi scheme. They sold financial toxic waste products in the form of Mortgage Backed Securities (MBS), Collateralized Debt Obligations (CDO), Structured Investment Vehicles (SIV), Unidentified Financial Objects (UFO), and Credit Default Swaps (CDS). My favorite remains the UFOs. The corruption of politicians in Congress enabled the process, with relaxed guidance by the Financial Accounting Standards Board (FASB). The two key ingredients for the Ponzi Scheme are a mythological ideology and a high priest to endorse the game from a credible pulpit. Alan Greenspan claimed legitimacy of the US banking system, blessed credit growth and fractional bank practices as beneficial, and praised risk pricing systems using credit derivatives as sophisticated. The high priest used to be Greenspan, but now a tag team has replaced him. Hank Paulson is the spearhead for the great coup of the US financial system. Usage of short restrictions rules has been key to both instilling instability at necessary times, and raiding hedge funds. US Fed. Chairman Bernanke swaps USTBonds for any piece of bonded garbage known to mankind. Mammoth placements of leveraged trades by Wall Street firms make for some of the most grotesque insider trading in US history.

DECEIT & INTIMIDATION

The lies, deceit, backroom pressure, and fleecing of the American public is deep. Take the Emergency Economic Stability Act. Most of the initial $250 billion outlay was not devoted to American bankers, but rather to foreign bankers, primarily in Europe and England, and to purchase preferred US bank stocks. The US public was not told about this redirection, which constitutes misallocation, misappropriation, and fraud. Tremendous backroom pressure was exerted at every step. The underlying assets involved in swaps do not even have to be US-based mortgage bonds. The formerly submitted Paulson Manifesto was revived in a power grab, complete with considerable infighting and squabbles, since Morgan Stanley was given favor. The usage of funds to buy investment stakes in the giant US banks is yet another direct Fascist Business Model tactic, assisting banks close to the power center, yet reeking with corruption. The sickening irony is that they have no more money to disseminate and distribute. They cannot reveal their lies until they formally request more Congressional funds. Much discussion has come that the USGovt should adopt the Swedish model in the resolution of the current crisis. Not in a New York minute!! That would require heavy stock and bond losses, and more transparency of scum. Interestingly, the market discounts words as worthless, while bailout actions fail to produce even a positive reaction for a full day, until Monday last week when the Dow Jones Industrial index rose over 900 points. That was clearly Wall Street engineering a profitable short cover rally. Check S&P futures positions beforehand, if you can. The credibility of the US Fed. is close to being destroyed. On October 15, the same Dow Jones index fell over 700 points, almost 8%. Even the global rate cut was rejected by stock markets, a major insult.

Intimidation of the US Congress has been huge and powerful, similar to when the Patriot Act was passed in 2002. The Congress was actually threatened by martial law in the cities of the United States if the big bailout package was not passed two weeks ago! This was not reported on CNN or CNBC, but C-Span did cover it. The mobilization of the US Army for civilian control is well known in the past couple weeks. See the Third Brigade back from combat duty in Iraq. This account came from Rep Brad Sherman of California. To achieve supposed financial stability, the nation succumbed to totalitarianism by Wall Street thieves, conmen, fraud kings, and criminals. Instead, the bailout only covered up $trillion fraud. My position has been very stable and consistent, that such tactics are typical characteristics of the Fascist Business Model. The state merges with the large corporations, who proceed to terrorize the citizenry after unspeakable protected corruption and theft. To object is to be labeled unpatriotic!

TOP DOWN SOLUTION FAVORS THE ELITE

The top-down approach used to date aids the wealthy bankers, while the homeowners are denied aid. That aid is promised but rarely arrives. The fundamental problem here is that billion$ are devoted to shore up insolvent banks, to redeem their worthless (or nearly worthless) bonds, and to give a giant pass to the executives. Trust has eroded throughout the system. Banks distrust each other's collateral. The result is that eventually the US Economy will enter not a recession, not a depression, but a DISINTEGRATION PHASE. Despite Bernanke's studious efforts, borrowing from revisionist history, his liquidity is nothing more than bailouts at the top for the perpetrators of the housing bubble and mortgage debacle. The bank system benefits little inside the US walls of finance. A bottom-up approach might have had a chance to succeed, but a top-down approach is a sham. To expect a top-down solution that actually relieves the housing inventory logjam is insane. That is like feeding a teenager with meals placed inside the human rectum, expecting nutrients to find their way to the rest of the body! The credit mechanisms do not travel upward within the pyramid, but rather in the downward direction, starting with a borrower, a good collateralized risk, and an underwritten loan, when plenty of lending capital is available. The US public has bought this stupid ‘Trickle Down' philosophy for years, learning nothing. The US Economy is on the verge of collapsing. Short-term credit is being denied at key supplier intermediary steps, soon to result in recognized disintegration.

The primary practical objective of this corrupt trio (JPM, GSax, FDIC) is to avoid Credit Default Swap fires, which would bring an end to their reign of terror. This US Economic failure is in progress and is unstoppable. The 1930 Depression resulted after monumental credit abuse from the bottom up, as hundreds of thousands of people leveraged investments 10:1 with stocks primarily. The 2000 Depression will come after monumental credit abuse from the top down, as hundreds of big financial firms leveraged investments by 7:1 and 20:1 with bonds primarily. The most absurd of all is the CDO-squared, leveraging upon leverage. Total seizures have crippled the banking system. Short-term credit has largely vanished, as letters of credit are routinely not honoured at ports in the United States. The panic will continue, especially when supplies dry up.

GOLD & SILVER AWAIT THEIR EXALTED STATUS

We are witnessing the disintegration cited in my recent forecasts. It is a systemic failure, marred by lost confidence and trust in the entire financial system. Expect foreigners soon to pull the rug from under the American syndicates in control. Several key meetings have already concluded, totally unreported in the US press, which occurred in Berlin Germany. Consider it the Anti-G7 Meeting. Implications are profound, and involved the Shanghai Coop Org tangentially, since its member nations possess so much new commodity supply. Consider it the Anti-NATO group. An important and powerful alternative financial system is soon to spring into action, including high-level bilateral barter. Those who expect the current US Regime to continue their financial terror are in for a big surprise.

Expect defaults in the COMEX with gold & silver, whose prices for paper vastly diverge from physical, to the anger of foreigners watching. They hold massive precious metals assets. Disparities now contribute to powerful forces, sure to break the current system. Grand systemic changes come. THE RESULT WILL BE A BREATH-TAKING DISCONTINUITY EVENT.

Ironically, the more inner anguish felt on the falling gold & silver prices, the closer we are to a new financial framework, with the US Dollar relegated to a Third World role. A REPLACEMENT GLOBAL RESERVE CURRENCY HAS ALREADY BEEN DECIDED UPON. Its launch awaits the proper moment. The Americans are last to know, as usual. The US leaders are under the illusion of being in control!

THE HAT TRICK LETTER PROFITS IN THE CURRENT CRISIS.

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by Jim Willie CB
Editor of the “HAT TRICK LETTER”
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Wednesday, October 15, 2008

ECONOMIC WARFARE TO BE FOLLOWED BY MARTIAL LAW?

• TRIPLE GUNSHOT THREAT PHONE CALL TO THE EDITOR:

At 1.40pm UK time (8.40am EDT) today, 18th September 2008, the Editor's main phone rang. The Editor does not answer calls but all our incoming calls are checked. The message consisted of:

• THREE SUCCESSIVE GUNSHOTS: GUNSHOT. GUNSHOT. GUNSHOT. End of phone message.
Some people have chosen to MISINTERPRET what is said here. The message was not the WORD 'gunshot', but a recording of three ACTUAL GUNSHOTS. We thought that was obvious.

All incoming phone calls are recorded on our voicemail system. The Editor was present when this incoming call was received and reported it immediately to third parties who have annotated this event in their records. The voicemail system has recorded all incoming phone calls we received before and after 1.40pm. THE GUNSHOT MESSAGE WAS NOT PICKED UP BY THE VOICEMAIL.

This indicated that it is an intelligence operation. The Editor has been advised that prime suspects are George Bush Sr. (41), the George Bush Centre for Intelligence and Terrorism (CIA, Langley), and John Scarlett, head of MI6/General Operations-2 (GO-2), Vauxhall, London. The direct shooting threat arises from the Editor's exposures of the financial criminality and from our trailing of the DVD report, which will incriminate DVD and Bush 41 inter alia in the nuclear arming of Iran. The Editor has made sure that relevant 'Friends' know about this explicit threat (Number 17), and we report this information for international and domestic official and public consumption so that if anything now happens to the Editor, the whole world will know that this is a DVD operation.

• THREAT UPDATE: At 18.54 pm UK time, 'Patrick H. Bellringer', operator of a US website, who has often posted our reports in breach of our copyright, and who posts reports by one or more agents using the name of Vice President Richard B Cheney's home town in Wyoming 'and associates', sent the Editor the text of his response to a correspondent, in which he employed infantile language to traduce Her Majesty The Queen and ventilated a childish obsession about Americans being 'serfs' of the British Monarch. This kind of 'Roughneck' idiocy would normally be overlooked as indicative of a low, uneducated mentality. However 'Bellringer' sent this communication DIRECT to the Editor some hours after the 'gunshot threat voicemail' referenced above. He ended his observations with the following statement; 'We will soon be rid of her [The Queen] and of Story, too'. In the light of the above, the Editor naturally interprets this A FOLLOW-UP DVD THREAT and provocation.

What other interpretation, in the context, is possible here? To utter threats is a criminal offence in both the United Kingdom and the United States. We suggest that serious US observers might take the appropriate decisive steps under the Misprision of Felony Statute: US Code, Title 18, Part 1, Chapter 1, Section 4: Misprision of Felony: 'Whoever, having knowledge of the actual commission of a felony cognizable by a court of the United States, conceals and does not as soon as possible make known the same to some Judge or other person in civil or military authority under the United States, shall be fined under this title or imprisoned not more than three years, or both'.

• UPDATE, 19th September: 'Bellringer' has sent the Editor TWO obscene emails this morning. We will not stoop to his level by reproducing them, but of course they are printed out and on file. In one email he tries to imply that he didn't send the 'threat' email, but unfortunately it was contained in an answer to another correspondent, so that lie won't fly. It is well known that when the cover of such operatives is blown, they resort immediately to low knee-jerk verbal obscenities and abuse.

THE CRISIS IS EXCLUSIVELY ABOUT CRIMINALITY: THE 'MAINSTREAM' DOESN'T 'GET' THIS

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

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

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

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

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

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

The premium contains a donation for our exposure work and also covers our recommendation based on the Editor's own experience that this INTERNET SECURITY SOLUTION will make your Internet life much easier. Some versions have a 'Preview before downloading' feature.

*VISTA: Virtual Instant Surveillance Tactical Application.


• Economic Intelligence Review contains Michael C. Cottrell's Rules-Based Reform Plan and the extensive Glossary of Financial Market Definitions. Publication date: Friday 15th August 2008.

• See our report dated 12th August 2008 inter alia for historical intelligence on GEORGIA. See reports dated 14th, 16th, 18th and 19th August for Georgia and Settlements Crisis Updates.

• INTERNATIONAL CURRENCY REVIEW, Volume 33, #s 3 & 4, all 972 pages of it, is making waves all over the world. It contains a blow-by-blow deconstruction of this crisis via the Wantagate plus our further analyses: and everything published therein is now well and truly ON THE GLOBAL PUBLIC RECORD. Accordingly the whole world owns a detailed, damning account of the serial criminality of the Bush-Cheney-Clinton 'Box Gang' et al., which CANNOT BE EXPUNGED.

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

• Please Make a Donation, if you feel able to do so, to help finance Christopher Story's ongoing global financial corruption investigations. Your assistance will be very sincerely appreciated and will make a real difference, hastening the OVERDUE resolution of the worst financial corruption and linked financial fallout in world history. The Editor's $35,000 Wanta bail-out money has been stolen.

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

• IF YOU ARE READING THIS REPORT ON SOMEONE ELSE'S WEBSITE and the links don't work, it's because they have been tampered with by NSA etc. Go to www.worldreports.org direct.


• MICHAEL C. COTTRELL'S PROPOSALS FOR THE REFORM OF THE U.S FINANCIAL SYSTEM, AND HIS DEBUNKING OF THE IMPRACTICABLE AND EXPENSIVE 'PAULSON' PROPOSALS, PLUS OUR EXTENSIVE GLOSSARY, POSTED ON 22ND JULY AND REPOSTED ON 12TH SEPTEMBER, WERE AGAIN 'SNIPPED' BY THE NSA'S MENTAL DEFECTIVES (LATE ON 17TH SEPTEMBER).

• THE REPORT HAS NOW BEEN REPOSTED FOR THE THIRD TIME: DATED 18TH SEPTEMBER
It is a compliment to Michael C. Cottrell, M.S., that the fools think his reforms are so 'dangerous': i.e. they would make it impossible for them to continue their fraudulent finance operations.

It is ILLEGAL to interfere with a foreign website. By behaving like barbarians, you simply reinforce the image of the 'Ugly American' that you systematically project, insulting your fellow countrymen in the process. You are fools, of low, underworld mentality with zero comprehension of your stupidity.

The repeated attempts by NSA to 'take down' Michael C. Cottrell's serious and detailed proposals make it crystal clear that the criminalist US intelligence community DOES NOT SUPPORT REFORM of the US financial system, and thus reinforce the universally shared view that the US intelligence community is THE ENEMY OF THE AMERICAN PEOPLE, AS WELL AS THE REST OF THE WORLD.



DER FUHRER'S ESCAPE ROUTE: PRETEXT OF AN ECONOMIC STATE OF EMERGENCY
London, 18th September 2008: The President of the United States, George W. Bush Jr., who is responsible for this crisis, is reported to us by impeccable American sources to be considering a proposal to escape (as he imagines) the legal and perhaps capital consequences of his serial financial criminality by adopting the following stratagem:

• Announcing an Economic State of Emergency.

• Closing down the Government as currently structured.

• Replacing it with a Junta protected by Martial Law.

• Thereby escaping from his international Settlements obligations, and:

• Thereby avoiding indictment for High Crimes and Misdemeanours and Treason.

This information is NOT a rumour. Its status is that it is A PROPOSAL.
That is what we have been told. It is a LIVE PROPOSAL to save the rats.

The chaotic fumbling and cack-handed behaviour of US policymakers is so gross as to allow us to presume that IT REALLY IS TRUE that these fools are concerned EXCLUSIVELY about saving their skins, irrespective of the interests of the American people and of the Rest of the World. Ironically, though, as they seek to protect their backsides, the roof is falling in and the wealth that they stole for themselves is in the process of being destroyed. So they now seek for company in the hell they have created: they may prefer to pull the Rest of Us down to the Deep with them.

Timing? According to our 'special' information, the rats are waiting for the Congress to recess with effect from 1st October, pending the Election. Congress will not, as currently planned, be sitting from 1st October to the Election. Senator Dodd, Stalin's grandson, is reported to have been trying to obtain the go-ahead for hearings on the global criminal finance crisis to be convened during the period currently allocated for the Election recess. At the time of posting, we do not know whether these hearings will take place. But that is not a material factor at this juncture.

Meanwhile the Samson option is being applied, hastening the prospect of such an outcome. The impression is gaining ground, in parallel, that the World Class criminals have LOST CONTROL.

THE 'MAINSTREAM' HAVE STILL NOT GRASPED THAT THIS IS A CRIMINALITY CRISIS: PERIOD
This service differs from the 'mainstream' in that our perspective reveals that this is a crisis (which we predicted) that is attributable exclusively to ORGANISED CRIMINAL OPERATIONS that have been allowed to run wild inside a vulnerable financial system sustained by the cosy cult of 'one world' and globalism WHICH IS A COVER FOR CORRUPT FINANCIAL COUNTERPARTY TRADING.

The crisis has been allowed to eventuate because REGULATORS GAVE UP REGULATING. Take the behaviour of the Financial Services Authority (FSA), if we may criticise a British entity for a change. On 22nd August Bloomberg carried a report entitled 'Large Number of Banks Mis-Marked Assets, UK Regulator says'. Er, yes: Like we were saying LAST YEAR ALREADY.

The British regulator elaborated that incorrect securities pricing found at Credit Suisse Group AG, Morgan Stanley and Lehman Bothers Holdings, Inc., is more widespread and will be investigated. Bloomberg's report added that 'the Financial Services Authority said that it will begin the probe next year after finding that securities valuations at a 'large number' of London banks were said to be 'materially flawed or inadequate''. NEXT YEAR? NEXT YEAR? WHAT DID YOU SAY??

Lehman has gone belly-up: so quite clearly, any FSA examination of securities mispricing at that institution would, er, be somewhat wasteful of the FSA's resources, nicht war? How does it know that the institutions that it plans to investigate next year will still be around? We ought to be told.

IMPLEMENTING THE SETTLEMENTS = SELF-INCRIMINATION
As readers of our services are only too well aware, the Bush-Clinton-Bush Fraudulent Finance Network supported by The George Bush Center for Intelligence (the CIA, Langley), intermediaries and their corrupted banking associates, have been co-conspiring for over a decade and a half and more (and specifically since the hijacking by 'Paulson' of the $4.5 trillion released to finance the on-the-books giga-refinancing operation that should have kick-started the rehabilitation of the United States' finances with effect from June 2006), to AVOID PAYING ANY SETTLEMENTS AT ALL.

Their sole objective all along has been to AVOID MEETING THEIR AGREED-UPON OBLIGATIONS.

The underlying reason for this sabotage, and for their holding the whole world to ransom, has been, and remains, that IN MAKING THE SETTLEMENTS PAYMENTS, THEY SELF-INCRIMINATE.

The subsidiary reason for their sabotage of the Settlements, and thus of the whole world, is that they believe they have the RIGHT to enrich themselves by exploiting public office, which has given them cover for their fraudulent finance and endless stealing and misappropriation activities. Now that they are pinned against the wall, the intransigence of Bush Jr.'s Führer mentality prevails. It feels a lot safer in the Bunker, so let's all stay here. Heil Hitler!

Of course their fear of self-incrimination is quite mad, since each successive application by the highest-level criminalists, led by Bush 41 and Bush 43, to the World Court for 'immunities', by which is meant ONLY 'transactional immunity' although the crooks may not realise this, betrays the quite obvious fact that THESE PEOPLE KNOW PERFECTLY WELL THAT THEY ARE CRIMINALS. They have already scattered such a crowded trail of gross culpability that they know that, come the end of this Administration, their life expectancies may indeed wind up being somewhat truncated.

There is increasing evidence that not even the traditional Nazi hidey-holes in South America are overjoyed at the prospect of these World Class US criminals winding up in local haciendas. That may explain why, all of a sudden, Bolivia has been added to the list of countries officially asserted by the US Government to be sponsoring terrorism (which is just what the 'Box Gang' et al DO; see below). Bolivia probably said 'NO WAY ARE WE HAVING YOU HERE', so it's crude retaliation.

Please correct us here if we're wrong, Uncle Samuel.

THE HIGHEST-LEVEL CRIMINALISTS ARE SPONSORS OF TERRORISM
By systematically blocking the immensely delayed Settlements, the Bush-Clinton-Bush Organised Crime Nexus and the George Bush Center for Intelligence and Terrorism (a.k.a. CIA, Langley) are themselves engaged in SPONSORING ECONOMIC WARFARE, NAMELY, TERRORISM.

They are holding the entire world to ransom by creating the 'Black' conditions for the wholesale destruction of value, with the deliberate criminal (Fascistic) intent of picking up real assets at cents on the dollar. THAT IS THE CRIMINAL OBJECT OF THE EXERCISE.

Or would you like us to be more specific? The holders of the highest US offices that we have often identified in our earlier reports ARE INTERNATIONAL TERRORISTS cowering behind their 'War on Terror', in accordance with the familiar norms of double-mindedness, which is the 'Black' hallmark of all these people. They have been pushed so hard against the wall that they are now compelled to react minute by minute to the hammering they are receiving as an overdue consequence of their avarice, their bovine refusal to fulfil their obligations, their systematic obstruction of justice, their endless thefts and misappropriations of other peoples' monies, and their determination to prevent the Settlements that we and others, headed by the Group of Seven financial powers plus Russia plus China and other key countries, plus Her Majesty The Queen, are insisting WILL BE PAID.

On Wednesday evening, the George Bush Center for Intelligence attempted to destabilise our relationship with key highest-level Trustee sources by casting doubt upon the veracity of these sources, who have provided the Editor with the benefit of 'special' information for the best part of two years. The sources could not possibly have placed such matters in writing, so that their input could be printed out and held for safekeeping in our paper files, unless the information they have been providing was bona fide and accurate as perceived at the time. Deliberately disseminating false information is a criminal offence in the United States.

When the Editor pointed this out on the transatlantic line for the benefit not least of the multiple international eavesdroppers, and refused to go along with the CIA's crude attempt to destabilise the Settlements using the Editor as a conduit, their nasty little ploy collapsed.

This is the latest attempt to compromise the Editor, about which we were warned on Friday 22nd August. The message then was that George H. W. Bush Sr. had ordered his apparat to compromise and 'take down' the Editor of this service. Shoot the messenger is the name of the filthy game.

SETTLEMENTS PROCESS IS AN INTERNATIONALLY APPROVED MONEY LAUNDERING EPISODE
The elaborate arrangements agreed by the world's leading financial powers (the Group of Eight + important others), sanctioned by Her Majesty The Queen both via her appeal to the Group of Eight at their June 2007 meeting in northern Germany, and through her own financial support lodged with Citibank, represent, crudely put, an UNAVOIDABLE ONE-OFF TRANSFER OF FUNDS ONTO THE BOOKS, so that all the money applied by the Settlements is clean.

It is money-laundering, but it has been agreed at international level as the SOLUTION. It should have happened 28 months ago. Bush 43 impeded the Settlements on instructions from his father who, as the forthcoming DVD exposure will reveal, blackmails him. The Bushes and their allies are accordingly incriminated and have experienced undiluted hell while in office because, unlike their predecessors, THEY HAVE BEEN FOUND OUT AND HELD TO ACCOUNT.

• THEY NEVER THOUGHT THAT THEIR CRIMINALITY WOULD CATCH UP WITH THEM.

They thought the carousel would continue for ever, like all gamblers. And because they are all criminals, they have no concept of the Rule of Law. On the contrary, their model is Emile Dirkheim (1858-1917) who postulated a corrupt environment in which criminal behaviour is the norm, and adherence to the Rule of Law is considered eccentric, stupid and pointless. It has come as a nasty shock to these criminal operatives to find that they have been opposed while they weren't looking. No, they were all too busy with their filthy noses in the pigsty trough.

The US criminalists were seeking, as late as the evening of 17th September 2008, to PREVENT this process which, in parallel with the application of the Basel-II standards in the US banking sector, jointly conspire to make life FAR MORE PROBLEMATICAL FOR THE CRIMINALISTS.

Yet on the other hand, in line with the double-mindedness standard, the CIA has its own axe to grind even though it serves the interests of George Bush Sr.; and we cannot go into further details about this here. The point is that Langley faces all ways and disrupts everything at the same time.

So, right up to far beyond the last minute, the biggest and most ruthless players have been trying to re-order the remaining pieces on the chessboard and to discredit or to squeeze out certain key players so as to steal their money or cut them out. The Editor and a colleague were able to identify just such an operation on 17th September, and to put a stop to the intervention in question. We have explicit evidence that this has been going on and we believe we STOPPED THAT PROCESS.

We are sometimes in a position to have direct input because we have been used for a long time as a conduit: everybody 'in the know' knows this, and the international and US eavesdroppers know exactly which lines to tap by voice recognition and the open lines we use. Using open lines is an advantage because (a) we have nothing to hide, (b) we can let 'them' know what they need to know as well as what 'they' would prefer not to hear, and (c) as happened on Wednesday evening, when they try to exploit our bona fides and communications for nefarious ends, we can spike their guns.

'SETTLEMENTS DELAYED UNTIL 18TH SEPTEMBER'
As you will realise we try not to report 'real-time' Settlements events, which in this climate can be treacherous, given that phone calls with variations on previous information follow one another like biscuits falling out of a packet. However we break this rule in this instance:

• The European Central Bank and the Bank of England requested, late on 17th September, that the Settlements be postponed until Thursday 18th September 2008. Previously, as of 2.00pm EDT on Wednesday, the message from the highest level was that 'all papers are in from the World Court and a window of 'afternoon New York' is in effect, for closing' (repetition of a familiar theme).

• The 12 key countries and the World Court agreed to this request.

• We are assured that this is accurate by highest-level staff for a Head of State.

• It was separately reported to us earlier that the French authorities, smelling a rat, or many rats, indicated forcefully that they would not allow Paribas to release until they had categorical, cast-iron, armour-plated assurances that the funds would be directed to where they are intended and that there can be no thefts of funds along the way.

• The implosion of false values at institutions that have been involved in this fraudulent finance carousel equates to a 'Samson option' in terms of outcome, and all concerned are on guard against the danger that the criminalists' cadres will scoop up the Settlements payments as they fall through the cracks in the collapsing financial sector infrastructure.

• Nota bene that, at this juncture, the one institution that has not yet experienced the wrath of the financial tsunami (the prevailing episode, that is) is none other than Citibank, wherein resides, as you will most certainly recall, the $6.2 trillion LOAN MONEY made available to prevent that bank from collapsing and to replace the stolen and repeatedly multiplied $4.5 trillion originally made available for the refinancing of the United States that should have kick-started in June 2006. The sources of that LOAN are Her Majesty the Queen and Prince Al-Waleed bin Talal bin Abdulaziz.

HOWEVER, IF THE CRIMS CAN DELAY UNTIL CONGRESS HAS CLOSED DOWN, THEY WILL
This posting serves as a direct warning, therefore, to all concerned that the PROPOSAL that is being considered by the White House, and was probably a primary issue discussed when the key criminalists met for a day-long session in the White House on Tuesday 16th September, is NOT a rumour. If they can, they WILL close down the Government after 1st October, declare an Economic State of Emergency, impose Martial Law, cancel the Election and BOOM: all of a sudden, you will have the dictatorship THAT THE FUHRER TRAILERED DURING THE 2000 ELECTION, when he uttered the memorable comment:

'It would be best if we had a dictatorship, so long as I'm the dictator'.

Now, the Editor has to add that we believe, right now, that Navy Seals, elements of the US military, and other forces are not enamoured of this prospect. However, given the sheer scale of the bribes that have been dished out by these rat-a-tat-tats, they may just try to pull it off. And at the self-same time, you are watching lesser rats eat each other for breakfast, lunch, tea AND DINNER.

Why are our hearts not exactly bleeding at this development?

THE KEY TO RESOLUTION REMAINS THE $6.2 TRILLION
Any further messing about, and The Queen and the Prince are entitled to call their $6.2 trillion with compound interest (and possibly the proceeds of illegal usage by Citibank of their funds, as well).

Any argument on this score, and the British Government is entitled to freeze all US bank accounts in the City of London as previously mooted by this service. The frauds have been perpetrated inter alia against Her Majesty The Queen (which is why notorious parties 'and associates' keep lying that The Queen is a perpetrator, which is the reverse of the truth: those they 'work for' are the bandits and scamsters. We are advised by US OFFICIAL SOURCES that the disinformation is spewed out in accordance with the requirements of G. Bush Sr. and the George Bush Center for Intelligence).

YES, calling the $6.2 trillion would be economic and financial warfare, and it could then be argued that DVD Dachau, would have won. But WAIT A MINUTE HERE. We haven't published our lengthy catalogue of the abominations, atrocities and subversive operations that the ruthless pan-German Nazi 'Black' agency have perpetrated against the 'Main Enemy', Britain and the United States, yet. That is to follow, and appears already on pages 3-12 of Global Analyst, Volume 3, #1, to be published next week. It will expose that enemy and will deliver a body-blow to their operations. Lenin taught that EXPOSURE is the weapon they all fear most. On this point alone, we agree with Vladimir.

A meeting took place in Downing Street yesterday which may have referenced the $6.2 trillion.

If we are going to descend down to the hell of economic and financial warfare, the huge loan funds placed with Citibank and held in the suspense account there, representing REAL cash monies, i.e CLEAN, on-the-books funds, will necessarily have to be withdrawn, and Citibank will then join the US investment banks that are competing with each other to be the next to collapse.

DIARY OF THIS YEAR'S MILLENNIAL FINANCIAL CORRUPTION CRISIS
You may (or may not) be interested to know that the Editor has been engaged in compiling a Diary report on the daily twists and turns of this historically unprecedented crisis. The report on August alone runs to no less than 42 pages of typescript. This narrative, which is being prepared for our financial journal International Currency Review, will reveal the lies, hypocrisy, double-cross ops. and other nefarious activities for the historical record, as they unfold.

The job is so huge that we can only do this for recent months, probably starting in the second quarter of 2008, with a summary of events up to that time. Here again, we face the unanswered question: given that we have already furnished the international financial community with an extremely detailed printed record of the serial criminality of the highest-level US financial fraud operatives and the criminal enterprises involved, how come these people have STILL not yet understood that their names are mud, and will remain stinking mud for the rest of eternity?

'WE TOLD YOU SO' CORNER
Finally, we did predict a meltdown of these proportions; and the reason we did so was that we correctly assessed the characters of Godfather Bush and Der Führer. Would they push this to the very end, like Hitler? Yah wohl! Why would they behave irrationally? Because the academic theory that everyone behaves rationally IS TRIPE. Criminals don't behave rationally, or they wouldn't be criminals. The United States has allowed its Government structures to be hijacked and usurped by organised crime. Since certain intelligence cadres are allied to organised crime because both the Intelligence Power and organised crime do not respect the Rule of Law when it suits them not to do so, the US Government has slid into the controlling hands of foreign powers whose purpose is to DESTROY the United States, even though European powers established it in its current format as a geomasonic experiment. The point here is the familiar one that rats wind up eating each other.

To conclude that the pan-German Nazi strategic deception Continuum, Deutsche Verteidigungs Dienst, Dachau, has WON, would be premature, since if everyone is going to be drowned in acid, this will apply to the Germans, too, as Deutche Bank holds almost more toxic assets than any other entity. So pursuing the Samson option, leaning on the pillars so that the entire building falls in on the assembled company, like Hitler in his bunker, will get the subversives nowhere, and they know it. They have to settle, and the Europeans are seeing to it 'as we speak' that they will. ENDS.


• The notorious website and its echo are ratcheting up the orchestrated confusion in the minds of those who fail to perform due diligence and use discernment. Lies, diversionary lines of enquiry, libels, bad-mouthing and bad language seem to be their preferred communication techniques, as the smokescreen created to hide the truth of what has happened from the scammed becomes ever denser by the day. Shooting a messenger without any cause is the fashion du jour. All 'information' disseminated by anonymous operatives who hide their identities is suspect. Reasons put forward for anonymity carry no weight. The Editor of this service has received 16 threats, at the last count, but has not used that as a pretext to hide his identity and coordinates. Failing identification of the source, the presumption is that all who post anonymously are operatives and that their persistent refusal to contact the Editor of this service to query anything we publish reflects the fact that they cannot do so because they would have to identify themselves, which would BLOW THEIR COVER.

• MEMO: All anonymous emails lacking coordinates addressed to the Editor of this service via any of our email addresses and this website are automatically deleted on receipt. Therefore, those who believe for some reason that it is helpful to send the Editor offensive or obscene emails, using bad language to no effect like an operative named after the US Vice President's home town in Wyoming, are wasting their time. We have made this point before but it clearly needs to be repeated.


NOTES ON THE MEANING OF TRUTH:
WHAT IS TRUTH? PONTIUS PILATE’S PAINED QUESTION ANSWERED:

• ‘Then Pilate entered into the judgment hall again, and called Jesus, and said unto him,
Art thou the King of the Jews?

Jesus answered him, Sayest thou this thing of thyself, or did others tell it thee of me?

Pilate answered, Am I a Jew? Thine own nation and the chief priests have delivered thee unto me: what hast thou done?

Jesus answered, My kingdom is not of this world: if my kingdom were of this world, then would my servants fight, that I should not be delivered to the Jews: but now is my kingdom not from hence.
Pilate therefore said unto him, Art thou a king then? Jesus answered, Thou sayest that I am a king. To this end was I born, and for this cause came I into the world, that I should bear witness unto the truth. Every one that is of the truth heareth my voice.

Pilate saith unto him, What is truth?’.

John, Chapter 18, verses 33-38.

• ‘Truth is an accurate representation of the subject under consideration:

(1) As it relates to all other things;

(2) As it always has been in the past;

(3) As it universally holds in the present; and:

(4) As it shall hold without exception in the future.

Error is not the opposite of truth. Error is anything except truth.

If there are any exceptions, it is error’.

Dr Stuart Crane, with acknowledgements to the Editor’s friend, Des Griffin.

• Truth is often confused with candour, which cannot be relied upon to contain the truth. Candour is used by Soviet disinformation operatives, especially, as a means of perpetrating deception. US disinformation operatives, having been trained in the Nazi tradition of Dr Josef Goebbels, prefer the devices of obfuscation, diversion, lies and confusion, rarely using candour to mask truth.
They wouldn't know how to begin!

• Discerning the truth:

‘Beloved, believe not every spirit, but try the spirits whether they are of God: because many false prophets are gone out into the world.

Hereby know ye the Spirit of God: Every spirit that confesseth that Jesus Christ is come in the flesh is of God: And every spirit that confesseth not that Jesus Christ is come in the flesh is not of God: and this is that spirit of antichrist, whereof ye have heard that it should come: and even now already is it in the world’.

First Epistle of John, Chapter 4, verses 1-3.

• ‘Now the Spirit speaketh expressly, that in the latter times some shall depart from the faith, giving heed to seducing spirits, and doctrines of devils;

Speaking lies in hypocrisy; having their conscience seared with a hot iron’.

First Epistle of Paul to Timothy, Chapter 4, verses 1-2.

• ‘This know also, that in the last days perilous times shall come. For men shall be lovers of their own selves, covetous, boastful, proud, blasphemers, disobedient to parents, unthankful, unholy, Without natural affection, truce-breakers, false accusers, incontinent, fierce, despisers of those that are good, Traitors, heady, highminded, lovers of pleasures more than lovers of God; Having a form of godliness, but denying the power thereof: from such turn away. For of this sort are they which [are] ever learning, and never able to come to the knowledge of the truth’.

II Timothy, Chapter 3, verses 1-5, 7.



ANNEXE:

REITERATION OF THE STATUTES, SECURITIES REGULATIONS AND LEGAL PRINCIPLES OF WHICH THE CRIMINALISTS, THEIR ASSOCIATES AND RELEVANT BANKSTERS ARE IN BREACH:

LEGAL TUTORIAL: The Steps of Common Fraud:

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

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

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

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

Step 3: Theft by Deception and Fraudulent Conveyance:

THEFT BY DECEPTION:

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

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

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

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

FRAUDULENT CONVEYANCE:

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

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

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

U.S. SECURITIES REGULATIONS OF WHICH INSTITUTIONS
HAVE BEEN SHOWN TO BE IN BREACH [SEE REPORTS]:

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

U.S. LAWS ROUTINELY BREACHED BY THE CRIMINAL OPERATIVES AND BANKSTERS:

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


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

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