I'm pretty sure the bulk of these loans were interbank lending loans, the "overnight" type. It wasn't pretty, but those type of loans were necessary to avoid global economic collapse. The total amount is a little misleading. If a large bank took out a $100 billion overnight loan from the Fed and then renewed it for seven days while raising capital, it looks like the Fed handed out $1 trillion in loans. Some of these institutions only needed the short-term liquidity, and others had a real capital problem. That's one of the reasons why the actual "bailout" was much less than the amount of liquidity loans the Fed gave out. Whether individual bailouts were necessary is a matter of debate. But the liquidity issue had to be addressed or the whole thing would have come crashing down.
$15,OOO,OOO,OOO,OOO FRAUD EXPOSED in UK House of Lords
by ProdigalSon 17 Replies latest social current
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ProdigalSon
http://www.veteranstoday.com/2012/02/21/intel-exclusive-trillion-dollar-terror-exposed/
Intel Exclusive: Trillion Dollar Terror Exposed
Bush, Fed, Europe Banks in $15 Trillion Fraud, All Documented
By Gordon Duff, Senior Editor
Below is one of the strangest stories in financial history, one involving the US government lying about hundreds of thousands of tons of imaginary gold, illegal wire transfers and loans totalling $15 trillion. The video, from the House of Lords, is amazing in itself.
What it doesn’t express is where the money came from though Lord James of Blackheath proves conclusively that an effort was made to say it came from a gold reserve in Brunei that, in fact, never existed.
At surface, it appears we have stumbled upon the largest terrorist organization in the world and have found original documents tracing its funding to the Secretary of the Treasury and the Chairman of the Federal Reserve, two of the top financial officers in the US. A cursory review of terrorism statues in the US indicate that all transactions we will learn about are, in fact, to be assumed “terrorist money laundering” and that the only thing preventing the immediate arrest of hundreds of top financial officials is their political connections alone.
We will be able to offer an alternative, more insights, some hard intelligence and some very valuable background that we hope will offer insightful and realistic perspectives on this amazing story.
On February 16, 2012, Lord James of Blackheath, member of Britain’s House of Lords presented evidence of an illegal scheme begun, he has thus discovered, in 2009. His documents including originals signed by Alan Greenspan and Timothy Geithner, show the illegal “off the books” transfer by the Federal Reserve Bank of New York of $15 trillion to, initially, HSBC (Hong Kong Shanghai Banking Corporation) London and then to the Bank of Scotland.
The Bank of Scotland, under royal charter but restricted from involvement in any such transactions, simply “gave” the money to 20 European banks to use in a highly profitable scheme of co-trading “fresh cut” MTN’s (mid-term notes), generating trillions of dollars in profits over 3 years, none of which is shown on books, none has been taxed or has benefited shareholders in those banks.
As Blackheath outlines, the “deception and cover” for this transfer is the imaginary seizure of 750,000 tons of gold by agents of an unspoken entity (confirmed by the highest official sources as the Bush family and CIA), the listed “source” of the money.
The government of Indonesia confirms this to be an utter fabrication and that the individual named had 700 tons of gold (about half of what Gaddafi was holding), not 750,000. It is noted that only 1,500 tons of gold have ever been traded in world history, as stated in the House of Lords.
The issues that are initially brought out, issues inconsistent with international convention and starting the reader on what is only the surface discovery of two decades of crimes involving dozens of governments are as follows:
- At no time has the Federal Reserve Bank of New York been authorized to hold the funds indicated
- However, documents held by Lord Blackheath prove, conclusively that they did hold such funds and transfer them in a manner as to obscure their origin by using HSBC and the Bank of Scotland. This process, seemingly involving Alan Greenspan, Timothy Geithner and others would appear to be “money laundering” until some other explanation were found. None has been offered.
- The “collateralization” of these funds, being 750,000 tons of gold, is proven to be fantasy. These funds then, in no way or manner, are related to Brunei. The presentation of this false transaction has been conclusively proven to be a “cover and deception” project such as an intelligence organization would use.
- The transfer of these funds, all done without any authorizations, governmental or otherwise, particularly without agreements, payment of interest to the United States and without knowledge and approval of congress makes every aspect of this criminal in nature, a violation of innumerable statutes.
- The receipt and use of these funds by the 20 banks, two of which are Wall Street’s largest, and the use of these funds to generate profits while the funds themselves are held “off the books” and the profits hidden and laundered, themselves the earnings of funds received through criminal acts makes any and all involved part of a criminal enterprise.
WHERE DID THE MONEY COME FROM
There is no record of the Federal Reserve being authorized to “create” $15 trillion, equal to the entire national debt of the United States. There is, however, proof that funds that totalled, at one time, $27 trillion had been earned surreptitiously, disposed of as part of an intelligence operation against the Soviet Union and then later stolen with accusations made against George H. W. Bush as being the perpetrator.
I have spoken with two individuals, one President Reagan’s intelligence coordinator and the other Chief Legal Cousel for the Central Intelligence Agency regarding these funds. Both have indicated that former President Bush had asked that these funds, totalling $27 trillion, be transferred to his control, that threats were made by Bush and that many involved in this operation suffered, issues including murder, illegal arrest, torture and detention among them.
The individuals I am speaking of repeatedly met with President Bush over these funds, disputed his claim to them, and indicate that the majority of the funds are the property of the people of the United States.
These funds are the mysterious “Wanta” funds, monies earned through years of currency trading aimed at collapsing the Soviet Union, a plan originated by President Ronald Reagan, then White House Intelligence Coordinator Lee Wanta and CIA Director William Casey. I have been told that, while this operation went forward under President Reagan, he had ordered that his successor, George H. W. Bush not be “briefed” out of “mistrust” for Bush.
The funds themselves were earned through a scheme of trading Soviet roubles at enormous profit, a practice that eventually collapsed their government. A portion of the profits are subject to current litigation in the Federal Court of the Eastern District of Virginia, Judge Lee presiding. I have over 2,000 pages of documents on this case which shows a remainder of the original funds had been transferred to the Federal Reserve Bank of Richmond by the Bank of China, a party to the rouble trading practice, in 2006 and is claimed as totally owned by Ameritrust Corporation. That amount was $4.5 trillion of which we hold the SWIFT transfer documents.
The other monies, which “likely” make up from the unspent portion of the missing $27 trillion, may well constitute all that is recoverable.
Wanta, sole shareholder in Ameritrust, has offered his companies share, valued by the court now at $7.2 trillion, entirely to the American people as intended by President Reagan.
The origin of the additional funds, issued by the Federal Reserve during the 80s and 90s, totalling nearly $8 trillion is unknown. High ranking sources within the US government indicate that this can only be either the remainder of funds Wanta raised or profits made from them after the majority of funds were stolen.
Stories, some quite good actually, and personal interviews plus my own review of documents would place the theft or conversion of these funds initially with:
- The Bush family
- The “P2,” a Masonic lodge operating out of Switzerland involved in dozens of terror bombings tied to “Operation Gladio”
- People around Wanta himself including the CIA
What is lacking is a source for half of these funds. Technically, they don’t exist as there is no record of them being originated by nor transferred to the Federal Reserve Bank of New York though there are clear and discernible records of them being transferred out of that institution which never possessed them, according to their 2010 audit, in the first place.
WANTA MONEY
The transfer of Wanta funds, they can be assumed to have no other origin as they track into the Federal Reserve banking system while in escrow and are currently awaiting payment based on the orders of President Obama in accordance with findings of the federal court, is complicated by the Scottish transfer.
Either Wanta has claim to the entire amount or it is the property of the US government. That no effort has been made to secure the funds or enforce criminal and civil remedies to recover enough money to pay the entire US national debt and more, as with earnings, we are nearing well over $30 trillion by this time, is an indication that a criminal conspiracy with enough influence to overrule our own government is involved. Whether that “conspiracy is, as noted, the Bush family, rouge sections of the CIA or a secret society such as P2, one we can prove or others we only suspect exist, is another story.
The lack of action, here or as requested by Lord James in Britain, is, in itself, proof of both the seriousness and actuality of these events and the powers that can prevent any inquiry when irrefutable documents such as SWIFT transfers are available. In fact, Lord James has offered a wealth of documents which, when combined with the 2000 pages of Wanta “discovery” from the Federal Court, constitutes more than prima facia evidence of money laundering, conversion, terrorism or worse.
Thus, the inaction in the face of overwhelming and unquestioned proof is inexplicable.
FLOOD OF WANTA LITIGATION AND INDICTMENTS COMING
Currently, Wanta’s legal status is as technical conservator and owner of $7.2 trillion. However, as nearly half that is owed in taxes and the court settlement required Wanta to purchase $1 trillion in treasury bonds, the federal government should show positive interest other than President Obama and a few others. More are being obstructionist with the payout and exercise of $3 trillion in US debt reduction.
This is, not only illegal but an indication of conspiracy.
In addition, Russian Prime Minister Putin has communicated that he awaits the agreed upon 3% payment of Russian taxes, initially on the $7.2 trillion. Will Putin want to be paid on the entire $15 trillion plus interest and will Russia and/or the US have interest in why the Bank of Scotland transferred these funds to 20 European banks to trade in MTN’s (mid term notes) without any authorization or agreement, any participation or sharing of profits.
As the funds, at least the half which the US government can claim ownership of, combined with the interest and earnings of, would quickly put the US “in the black,” again we look at, not just the press blackout on the Wanta litigation of the last 6 years but the press blackout on Lord James of Blackheath and the wealth of damning documentation he submitted to Parliament.
Nothing has been done since, it is as though the proof submitted was so dangerous that those moments in time have been erased by a mysterious g-dlike power.
What makes Wanta dangerous is that he has begun to distribute funds, some to government entities, counties and states, law enforcement agencies, giving them standing, not just in recovering funds intended for their use but in helping prosecute anyone involved in interfering with or attempting to divert funds.
One grand jury is being formed to investigate diversion of Wanta funds even at this early date. It is likely that Wanta/Ameritrust funds earmarked for border protection could lead to the indictment of high ranking US officials. This is only the beginning.
If the Royal Bank of Scotland doesn’t think it should be expecting the biggest chargeback in the history of the world, they are in for a shock.
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ProdigalSon
List of Gov't and Bank Resignations Keeps Growing....
http://www.abovetopsecret.com/forum/thread812642/pg1
GOVERNMENT RESIGNATIONS 2/6/12
Romanian prime minister and cabinet resign en masse
www.guardian.co.uk...
2/20/12 (GERMANY) GERMAN PRESIDENT Christian Ruff resigns (financial corruption charges)
www.dailymail.co.uk...
RESIGNATIONS FROM WORLD BANKS:
(1) 9/25/11 (SWITZERLAND) Bank chief resigns over £1.5bn rogue trader crisis
www.dailymail.co.uk...
(2) 10/29/11 (CHINA) Resignations Suggest Shift for China’s Banks
online.wsj.com...
(3) 11/01/12 (INDIA) More directors of the Beed district bank resign
www.thenews.coop...
(4) 11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign
www.bloomberg.com...
(5) 11/29/11 (Iran) Iran’s Bank Melli CEO Resigns Over Loan Scam
www.dailymotion.com...
(6) 12/15/11 (UNITED KINGDOM) Senior private banker resigns from Coutts [a very exclusive private bank]
www.reuters.com...
(7) 12/22/11 (FRANCE) Societe Generale’s Investment Banking Chief Steps Down
dealbook.nytimes.com...
(8) 1/05/12 (UNITED KINGDOM) Chief executive of Saunderson House [Private Bank] steps down
www.ftadviser.com...
(9)1/09/12 (SWITZERLAND) Switzerland’s central bank chief resigns
www.aljazeera.com...
(10) 1/12/12 (United Kingdom) Lloyds’ head of wholesale quits
www.bankingtimes.co.uk...
(11) 1/19/12 (SPAIN) Spanish bank Santander’s Americas chief quits
www.expatica.com...
(12) 1/20/12 (JAPAN) Normura’s head of wholesale banking quits
www.euromoney.com...
(13) 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Governor Alan Bollard to Step Down in September
www.bloomberg.com...
(14) 1/21/12 (Greece) Banks’ top negotiator quits Greece, but talks go on
www.france24.com...
(15) 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:www.livemint.com...
(16) 2/07/12 (INDIA) Falguni Nayar quits Kotak Mahindra Bank
articles.economictimes.indiatimes.com...
(17) 2/07/12 (IRAN) Iran denies central bank resignation rumor (don’t believe until its denied?)
finance.yahoo.com...
(18) 2/09/12 (VATICAN) Four Priests Charged In Vatican Banking Scandal
articles.businessinsider.com...
(19) 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO resigns
www.business-standard.com...
(20) 2/13/12 (KUWAIT) Kuwait Central Bank CEO resigns
www.washingtonpost.com...
(21) 2/14/12 (NICARAQUA) Nicaraqua Central Bank Pres Rosales resigns
www.bloomberg.com...
(22) 2/14/12 (UNITED KINGDOM) Social finance pioneer Hayday steps down from Charity Bank
www.socialenterpriselive.com...
(23) 2/15/12 World Bank CEO Zoellick resigns
business.time.com...
Did the White House tell the World Bank president that he’s out?
bosco.foreignpolicy.com...
(24) 2/15/12 (SLOVENIA) Slovenia TWO largest Banks CEO’s (2) resign
www.bloomberg.com...
(25) 2/15/12 (KENYA) Governor of Kenyan Central Bank to Resign
www.centralbanking.com...
(26) 2/16/12 (GHANA) Ken Ofori-Atta steps down as Executive Chair of Databank Group
business.thinkghana.com...
(27) 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Quits
webcache.googleusercontent.com...:ZVfFZypqVIcJ:www.a1saudiarabia.com/4489-saudi-hollandi-banks-md-quits/+&cd=4&hl=en&ct=clnk&gl=us< br /> (28) 2/16/12 (AUSTRALIA) Anz Bank CFO Australia resigns
That’s 9 resignations in eleven days, we have not included the other resignations from the likes of the head of the central bank in Switzerland a month ago, and the talk of the head of Goldman Sachs leaving
(29) 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns
www.theaustralian.com.au...< br /> (30) 2/17/12 (USA) Blankfein out as Goldman Sachs CEO by summer
finance.fortune.cnn.com...
(31) 2/18/12 (PAKISTAN) AJK Bank’s executive steps down
www.nation.com.pk... edium=feed&utm_campaign=Feed%3A+pakistan-news-newspaper-daily-english-online%2F24hours-news+%28The+Nation+%3A+Latest+News%29
(32) 2/20/12 (RUSSIA) Head of Russian Bank Regulator Steps Down
newsley.com...
(33) 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns
www.businessweek.com...Global bank resignations
1 World Bank CEO Zoellick resigns
business.time.com...…llick-resigns/
2 Anz Bank CFO Australia resigns
www.proformative.com...…s-amid-turmoil
3 Nicaraqua Central Bank Pres Rosales resigns
www.bloomberg.com...…-amid-row.html
4 Credit Suisse Chief Joseph Tan resigns
www.businessweek.com...…n-resigns.html
5 GERMAN PRESIDENT Christian Ruff resigns
www.dailymail.co.uk...…ed-resign.html
6 Royal Bank of Scotland Austrailin CEO Stephen Williams resigns
www.theaustralian.com.au...…-1226272513981
7 Kuwait Central Bank CEO resigns
www.washingtonpost.com...…OAR_story.html
8 Slovenia TWO largest Banks CEO’s (2) resign
www.bloomberg.com...…s-resigns.html
9 Bank of India CEO Chaturvedi resigns
www.livemint.com...…itabh-Cha.html
10 Tamilnad Mercantile Bank CEO resigns
www.business-standard.com...…resigns/464259
11 GOLDMAN SACHS CEO Blankenfein to resign (Nothing printed on this yet UNLESS this JUST happened. Last article said he is not stepping down in 2011).
www.huffingtonpost.com...…_n_858647.html
www.washingtonpost.com...…OAR_story.html
12.
N.C. banking official resigns
www.google.com... king-official-resigns.html&ei=6HxCT8bUJNLy2gWwz6GSCA&usg=AFQjCNGleDoGYbSQrE_4mggScv3D9yxQ-w
13. Switzerland’s central bank chief resigns
www.aljazeera.com...
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Mass Resignation of the Proxies: Why Are So Many Key Financial Figures Waiving the White Flag?
(some are repeats on this list)
Here are the recent resignations in chronological order:
February 6, 2012: Dhanlaxmi Bank CEO Amitabh Chaturvedi quits: www.livemint.com...
February 10, 2012: Tamilnad Mercantile Bank MD resigns: www.business-standard.com...
February 13, 2012: Kuwait central bank chief resigns amid political tensions: www.washingtonpost.com...
February 14, 2012: Nicaragua’s Central Bank President Antenor Rosales quit admist row:www.bloomberg.com...
February 15, 2012: Slovenia’s Two Biggest Banks’ CEOs Step Down: www.bloomberg.com...
February 15, 2012: World Bank President Zoellick Resigns: business.time.com...
February 16, 2012: CFO of ANZ Bank Resigns Amid Turmoil: www.proformative.com...
February 16, 2012: Royal Bank of Scotland’s Stephen Williams quits the role: www.theaustralian.com.au...< br /> February 17, 2012: Credit Suisse’s Private Bank Chief Asian Economist Tan Resigns:www.businessweek.com... -
ProdigalSon
The scam goes mainstream on MSNBC.....
Central Banking Racketeers (TPTB) and their fake Fiat Monetary System Exposed as Slavery to them!
http://www.youtube.com/watch?v=JdupeH4H33g&feature=player_embedded
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Qcmbr
Don't get so heated and bothered. Which time and place in human history do you want to return to? You are welcome to pick any time before the fed even existed but remember you will need to do without modern medicine, incredibaly abundant and cheap food, motorised transport, the internet, schooling (unless you are lucky and got a religious eductaion), if you live past 5 most of your siblings won't, your job choices will mosty be back breaking and without the protection of laws etc. You get the picture. If there is a scam going on and it managed to deliver this much plenty at a time of massive population then bugger it - its got my vote.
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ProdigalSon
Don't get so heated and bothered. Which time and place in human history do you want to return to? You are welcome to pick any time before the fed even existed but remember you will need to do without modern medicine, incredibaly abundant and cheap food, motorised transport, the internet, schooling (unless you are lucky and got a religious eductaion), if you live past 5 most of your siblings won't, your job choices will mosty be back breaking and without the protection of laws etc. You get the picture. If there is a scam going on and it managed to deliver this much plenty at a time of massive population then bugger it - its got my vote.
I'll take my chances. The destruction of the FED cannot come too soon. The Bretton Woods agreement stipulated that 70 percent of the profits from the fiat currency should go to humanitarian relief efforts..... which obviously never happened. We don't need a central bank to prosper as a nation and it was JFK's efforts to get rid of the criminals printing our currency that got him offed.
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ProdigalSon
Timothy Geithner (Secretary of the Treasury) arrested and released last week, facing possible criminal charges.....
http://www.youtube.com/watch?feature=player_embedded&v=q5j6Yk0qAgQ
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botchtowersociety
Don't get so heated and bothered. Which time and place in human history do you want to return to? You are welcome to pick any time before the fed even existed but remember you will need to do without modern medicine, incredibaly abundant and cheap food, motorised transport, the internet, schooling (unless you are lucky and got a religious eductaion), if you live past 5 most of your siblings won't, your job choices will mosty be back breaking and without the protection of laws etc. You get the picture. If there is a scam going on and it managed to deliver this much plenty at a time of massive population then bugger it - its got my vote.
That's sort of a false choice. I can envision a world with all these good things yet without central banksterism. Can you? Last I checked none of these things were invented by the central banks, and would have come to fruition without them. We didn't have a Federal Reserve until 1913, yet the preceding decades in the US had seen breathtaking economic growth and breakthrough advancements in science, medicine, engineering, technology, and so on. In 1865 the US GDP was smaller than Italy's. By 1900 it was the largest in the world.
