27.5 Trillion Disappeared?

by sammielee24 7 Replies latest watchtower scandals

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  sammielee24

  Anyone following this? There was some belief that portions of the social security balances were removed to fund other govt ventures - which is why there was such a push on for Bush to get people to dissolve the social security. 27.5 Trillion is a lot of money - the implication of what Bush is doing is being talked about round the financial world and not in a good way....

  Greg Szymanski16 Aug 2006
  The human interest element of the Ambassador Leo Wanta story is every bit as intriguing and important as the financial aspects of the $4.5 trillion settlement waiting to be used for the best interests of the American people. Ambassador Wanta recently entered into a written agreement with high level U.S. authorities to repatriate the vast sum of money, estimated to be only a small portion of the $27.5 trillion had been trying to protect as legal trustor. However, the $4.5 trillion settlement, finalized in May through two large law firms (one in New York and one in Georgia) with the assistance of two federal court judges, has been illegally blocked by the Bush administration, causing shockwaves throughout the international financial community. Read More
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  Satanus

  being talked about round the financial world

  Can you quote some of that talk? If this is all true, it seems to me that wanta would have dissappeared. Many people have been dissappeared for a lot less.

  S
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  lawrence

  WHAT'S THE PROBLEM! Have some FAITH! "Naked we came in, and naked we shall exit." CHILL with that FUD (fear, uncertainty, and doubt). Get an extra window washer job, hawk lots of WTS publications, and eat ice cream sandwiches. Pioneers are happy, chill! "From door to door; from dust to dust," said the holy President. Social security is screwed, the planet is raped, and the dinaosaurs mated with gorillas... life is good for the rats and pigs.
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  SixofNine

  How could anyone follow a story so contrived? Ambassador Leo Wanta is one amazing character, able to get his story told on every idiot's website across the whole www, but never mentioned by a real journalist.

  I think someone got so sick of the idiocy floating around on the web that they ressurected old Wanta and attached a number so ridiculously large to his story that it would make obvious the insanity of the people who bite off on the story.
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  Bryan

  Actually, the govornment has been taking money from the SS monies for decades. It's not something Bush is trying to hide. Congress, I believe is the culprit.

  Bryan
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  sammielee24

  I find it fascinating....since I only just started reading about it...

  'with the Wanta settlement there exists, as reported by financial writer Christopher Story, "set-aside payments promised to certain governments that assisted the Reagan administration in procuring the beneficial changes in the Soviet Union, remain unpaid, to the distress and mounting anger of the governments concerned."

  The amounts that remain unpaid, as verified by Ambassador Wanta, include $5 billion each to the governments of Canada, France, Germany , Greece, Italy, Mexico and Spain and $30 billion to the Russian Federation.

  Besides the $4.5 trillion negotiated settlement in May, Wanta has been declared legal trustor of more than $27.5 trillion in offshore funds amassed when he was instructed by President Ronald Reagan to destabilize the Russian currency at the end of the Cold War, which turned into a highly successful financial program beyond Wanta and Reagan's wildest dreams.

  But instead of using the money to strengthen America after Reagan was out of the picture, Bush Sr., Clinton and others devised a plan to use the money for their own underhanded purposes, jailing Wanta in the process, as they then created phony front companies and illegal trusts to use the money illegally.

  And now, according to Wanta, the same people are trying to undermine the latest deal signed, sealed and delivered between Wanta, his AmeriTrust Groupe, Inc., and U.S. authorities after negotiating the deal through influential law firms in New York and Georgia, as well as with the assistance of two federal court judges.

  Wanta claims the $4.5 trillion has been diverted and stolen with the complicity of high level officials, including the President of the United States, Secretary of the Treasury, Henry M. Paulson, Jr., the U.S. Attorney Gen. Alberto Gonzalez, the Supreme Court and other high level officials.

  Furthermore, he claims financial institutions are illegally trading the vast sum of money with up to $200 billion a day being illegally earned instead of the money being used to better the American economy'
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  sammielee24

  I have no doubt you are right Bryan...he's the only fool arrogant enough though to try and hoodwink everyone into believing that its bankrupt because of overuse. The shortfall comes when someone cashes in the bonds held in trust for the people of the country, and then refuses to pay it all back - with interest. It would be like taking the bonds that were given to your child as a gift and signing your own name and using them to buy a plasma TV - with no intent of repayment or consideration for the financial future of your kid and then lying to the kid later on when he needs cash for college by telling him that you lost the bonds. sammieswife.
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  ocsrf

  Anyone following this? There was some belief that portions of the social security balances were removed to fund other govt ventures - which is why there was such a push on for Bush to get people to dissolve the social security. 27.5 Trillion is a lot of money - the implication of what Bush is doing is being talked about round the financial world and not in a good way....

  This nothing new, the money paid into Social Security has been spent as soon as it is collected for whatever the government needs it for. The only way the US government can make good on the promise of Social Security is to run a surplus, which the government had before the Iraq war. The US government in now running one of the largest deficits since world war 2. With baby boomers coming of retirement age, doesn't look too good for us getting older old farts. Bush was a failed business man prior to his election and it is now obvious to everyone that he is a failure when it comes to fiscal responsiblity.

  OC