[Please note the bottom note re: Chris Story]
http://whatreallyhappened.
http://whatreallyhappened.
Please take time to read the following article. If it can be verified then there are some BIG changes coming very soon!!
Source: [[1] <http://www.worldreports.org/
We
are now in a position to tear part of the veil away from the secret
stage on which saboteurs operating from WITHIN US Government structures
have been systematically, over a prolonged period of years, seeking to
do nothing less than seize the assets of the entire United States and
its people, in a mad revolutionary offensive to convert the country into
a fiefdom controlled by a small clique of arrogant maniacs.
This
will require patience on the part of the reader, as historical
references will be necessary in order to bring this scandalous state of
affairs to life, and to expose what has been going on.
The
last time an attempt was made by the Fifth Column buried inside the
Intelligence Power and scattered around other structures was in 1984,
with the previous Dollar Refunding Operation.
A
FIVE-PHASE, LONG-RANGE SUBVERSION OPERATION In essence and in outline,
the secret offensive against the United States and its people directed
from within by subversives headed by George Bush Sr. and his
controller-handler, Dr Henry 'Heinz' Kissinger, and micromanaged by Bush
Sr.'s criminal financier Dr Alan Greenspan, with embedded participation
of Leo/Lee Wanta, involved the following intended stages:
*
Stage 1: Developing myriad Ponzi schemes and giga-thefts, of infinite
variety, and BY ANY MEANS, in order to procure 'base money' for
open-ended unreported, off-balance sheet, untaxed leveraging and
hypothecation operations.
*
Stage 2: Maximising the potential for the accumulation of trillions of
fiat dollars by means of such financial sorcery, both for personal
self-enrichment purposes and in order to accumulate a colossal fund of
fiat 'money' from Fraudulent Finance operations, ready for Stage 3.
* Stage 3: Deliberately inducing the collapse of the US financial system and economy to facilitate Stage 4:
*
Stage 4: Mobilising the colossal accumulated portfolio of Fraudulent
Funds, stashed offshore and untaxed, with a view to buying up collapsed
US assets across the board, so that the entire economy wound up in the
hands of the controlling saboteurs.
* Stage 5: The ELIMINATION of commercial banking and its replacement by the US Treasury's Direct Account.
The
codename for this operation, directed from within the deeply
compromised and penetrated US Government structures, was, and remains to
this day, OPERATION STILLPOINT.
This
offensive against the United States directed from WITHIN the US
official structures, despite setbacks, including the recovery (for which
we were partly responsible) of the British Monarchical Power's gold
diverted with inside connivance at the Bank of England on 29th-30th
March 2007, was STILL on course for completion but was knocked
decisively off-course following the 'lockdown' of the $14.0+ trillion of
sovereign funds, including the $6.2 trillion of funding provided on
LOAN for the G-7-approved on-balance sheet Dollar Refunding Programme on
10th-12th September 2008. These funds were simply regarded by the
criminal Paulson Treasury as candidates for diversion and exploitation,
rather than for application for the purposes intended by the owners of
the funds.
OPERATION
STILLPOINT NEUTRALISED BY EVENTS IN DECEMBER 2009 OPERATION STILLPOINT
was finally DEFEATED with the confirmation, application and decisive
consequences of the sovereign lenders' Writ of Execution, followed by
imposition of the massive Lien against the US Treasury for $47 trillion
which the defrauded parties, the Chinese authorities and the British
Monarchical Power, had to execute on or about 6th December 2009.
However,
notwithstanding that OPERATION STILLPOINT has been destabilised,
degraded, collapsed and is in the process of being dismantled - and the
Republic therefore prospectively rescued at the last moment from what
was intended by its sworn enemies - certain operatives, including Leon
Panetta, Timothy Geithner, Mrs Hillary Clinton, former Vice President
Richard B. Cheney and, at the bottom of the pile of snakes, Wanta, have
had a problem getting used to the NEW PARADIGM, whereby the subversives
engaged in the systematic sabotage of the ongoing US financial
restitution operations (in order to 'rescue' OPERATION STILLPOINT), have
now been placed not only firmly on the defensive, but in a bind from
which they cannot extricate themselves (even though their arrogance
remains such that they imagine that they can).
OPERATION
STILLPOINT, re-invoked in sterile fashion by Wanta in November 2007 to
trigger the domino effect, was put together by the traitors George Bush
Sr. and Dr Alan Greenspan. When the exposures and the September 2008
'lockdown' stymied the Paulson Treasury, strenuous efforts were made to
saddle (intended) President Obama with a team of colleague-snakes who
could be relied upon to revive, perpetuate and conclude OPERATION
STILLPOINT beyond Stage 2. This team of traitors is now under intense
pressure, as indeed are ALL personnel within and beyond the US official
structures who have participated in these unending criminal operations,
serving the interests of enemy foreign powers, to bring the United
States and its people to their knees
CRUCIAL
MEASURES TO BACK UP THE $47 TRILLION LIEN ON THE TREASURY As indicated,
patience on the part of the reader is necessary because we first have
to address the present situation, which is explosive and historically
unprecedented. Specifically:
*
INTERPOL'S DIPLOMATIC IMMUNITY AND HABEAS CORPUS: For the purposes of
surmounting this crisis, and FOR NO OTHER PURPOSE, contrary to the
ignorant knee-jerk chatter on many websites, President Barack Obama
promulgated Executive Order 13524 on 16th December 2009, which amended
Executive Order 12425 dated 16th June 1983 (amended by the Executive
Order 12971 dated 15th September 1995) so as 'to extend the appropriate
privileges, exemptions, and immunities of the International Criminal
Police Organization (INTERPOL)'.
*
The effect of President Obama's Executive Order of 16th December 2009
is to grant INTERPOL full immunity from search and arrest or seizure of
all INTERPOL properties including the agency's own personnel, thereby
providing INTERPOL with de facto diplomatic immunity.
This
is a truly historic development, because it means that for the purposes
of resolving this crisis HABEAS CORPUS IS SUSPENDED. The last time this
happened was under President Lincoln.
The
US Government has surrendered its authority to an international
organisation charged with investigating corruption inside the US
Government's own structures. The United States has not been sovereign
since the Lien Holders had to proceed with executing their Lien on or
about 6th December 2009, but will of course resume its sovereign status
on satisfaction of the Lien.
With
Habeas Corpus suspended for the purposes strictly of procuring
compliance with the Writ of Enforcement and the huge Lien against the US
Treasury and thus the (legitimate) Settlements, the heavily armed
status of INTERPOL and other foreign enforcement personnel that are
operating under diplomatic cover to bring this crisis to resolution on
behalf of the injured parties, the myriad Ponzi victims of the
Syndicate's schemes, the United States, the American people and the Rest
of the World, can be more readily appreciated.
* ALL MONEY SABOTEURS = ECONOMIC TERRORISTS As revealed in our 28th December
report, on the basis of information divulged to us on 26th December
2009, the US Department of Justice within the Executive Branch has
implemented a fundamental POLICY CHANGE, having determined in December,
against the background of the execution of the Lien for $47 trillion
against the US Treasury, that:
*
ALL individuals and entities within the US jurisdiction that have
participated in the stealing, diversion and conversion of funds
belonging to others, INCLUDING past and present officials within the US
Government and its structures, WILL BE INVESTIGATED AND PROSECUTED FOR
ECONOMIC TERRORISM perpetrated against the United States and the
American people (and the Rest of the World). Specifically:
*
ANYONE, whether officials in, or formerly in Government, whether CEOs
of financial institutions or lower-ranking bankers, partners in
'involved' US law firms, all intermediaries and intelligence operatives
and others who have been engaged in obstructing the Settlements process
by ANY MEANS AND AT ANY TIME IN THE PAST, and who have, by their
actions, contributed to the DELAY, are being treated forthwith as
ECONOMIC TERRORISTS - by the US justice system itself.
*
Perpetrating ECONOMIC TERRORISM will be, and is, to be treated as
TREASON by virtue of the fact that it entails DECLARING ECONOMIC WARFARE
AGAINST THE UNITED STATES OF AMERICA AND ITS PEOPLE, AND AIDING AND
ABETTING THE ENEMIES OF THE UNITED STATES.
* The penalty for TREASON IN TIME OF WAR is summary execution.
*
This decision PRECISELY REFLECTS what we have been proclaiming in this
column for the past three years. We are informed that the US Justice
Department has at long last understood what we have been saying, and has
been galvanised by the horrendous implications for the $47 trillion
Lien on the US Treasury and its decisive ramifications, into adopting
the foregoing as RIGID OFFICIAL POLICY from which no deviation will be
permitted.
*
It follows that the US Attorney General and all the State Attorneys
General are obliged to act vigorously on the basis of the POLICY CHANGE,
or they themselves can and will be arrested for obstruction of justice
by INTERPOL personnel and then extradited to a jurisdiction such as the
British jurisdiction for defying obligations imposed on them by
International Law.
*
It should NOT be assumed that this POLICY CHANGE arises because of a
change of heart at the US Department of Justice (resulting for instance
from reading our reports). On the contrary:
*
This POLICY CHANGE is a direct consequence of the situation arising
from the implementation of the Lien and the drastic enforcement measures
that are being taken inside the United States by the international
cadres and 'men in suits' referenced in recent reports. President
Obama's Executive Order Amending Executive Order 12425 dated 16th December
and publicised by the Office of the Press Secretary, White House, on
17th December 2009 [see above], to 'extend the appropriate privileges,
exemptions, and immunities to the International Criminal Police
Organization (INTERPOL)' is associated with this POLICY CHANGE at the US
Department of Justice.
*
Finally, since this is, as reiterated, an official POLICY CHANGE, its
full implementation is NOT dependent upon finalisation of the
Settlements. This reality should quickly lodge itself inside the brains
of the official and financial sector criminal financiers and thieves,
who face investigation and prosecution ANYWAY. Obviously, if they
persist with their obstruction, thefts and diversionary operations, they
will be increasing their chances of being summarily executed for
treason.
*
EVERYBODY INVOLVED IN DEFRAUDING THE UNITED STATES IS TO BE TARGETED:
Although this fact is confirmed above, it was REITERATED with further
emphasis to this service on 3rd January
that EVERYBODY, without exception, who has been involved and remains
involved in defrauding the United States and the American people is
going to be investigated.
CHANGE
OF ATTITUDE NOTED IN CERTAIN QUARTERS This development has almost
immediately resulted in a previously unheard-of 'sudden amendment' of
the 'attitudes' and visibility of certain parties that are known to this
service and to its advisers. People inside the structures are stunned
and are scurrying for whatever shelter they think may protect them from
the consequences of their corrupt activities. Furthermore, the same
applies to certain collaborating parties outside the United States.
Members
of the US Congress and officials at the Departments of State, Justice
and in the White House, as well as within the vast Intelligence Power's
structures, the Pentagon and elsewhere, and in foreign governments and
their structures, are reported to be quote 'falling over themselves' to
avoid the axes that are falling from the sky, taking aim at their necks.
Never have so many officials in the United States and other countries
been so scared of what lies in store - for them personally.
*
Stony silence on these developments: No doubt alert readers will have
observed that no substantive notice of the above, after we had reported
it all on 28th December 2009, was taken by certain websites which
purport to exist to enlighten the US public but which in reality
specialise in maximising the potential for confusion in order to sustain
the orchestrated but collapsing smokescreeen behind which these
abominations, and OPERATION STILLPOINT, were being perpetrated.
This
silence provides prima facie evidence that the US websites in question
have indeed been involved, as we have suggested in the past, in the
massive orchestrated agitprop and cover-up operation that has had to be
mounted by the compartmentalised sleaze cadres to obfuscate the
systematic treachery against the United States, which is without
historical precedent in terms of the scale of this operation.
*
President Obama's private hell: Faced with this unprecedented state of
affairs, President Barack Obama's backbone appears to have been
stiffened, given the extremes of treachery seen within his own Cabinet
and among his colleagues. In a revealing caption on 2nd January 2010,
The Daily Telegraph noted: 'President Obama looked weary after repeated
interruptions to deal with the aftermath of the syringe bomber plot'
[sic, as incorrectly assumed by the caption writer]. 'An aide insisted
that the 48-year-old found his holiday "rejuvenating", but his graying
hair and drawn look seemed to tell another story'.
Some
of the factors causing Mr Obama's hair to turn white - which can happen
to people wracked by anxiety and stress - are summarised below. But
first:
THE
PENDING CMKM/CMKX LAWSUIT AGAINST THE S.E.C.: THE BIGGEST FRAUDULENT
FINANCE SUIT IN HISTORY Lawyers acting for CMKM (CMKX) investors have
prepared an immense class action lawsuit against the Securities and
Exchange Commission and its Commissioners individually and severally
claiming compensation in respect of 3.5 billion legitimate shares,
seeking release of all the funds that have been collected (DTCC) for the
sole benefit of CMKM/CMKX shareholders... for damages in excess of
$3.87 trillion, based on allegations that the S.E.C. invented 2.25
trillion of PHANTOM SHARES in CMKM/CMKX stock, which were exploited and
traded illegally given that the phantom shares were of course fraudulent
and that stock did not, therefore, exist legally - scooping vast
illicit scamming profits which were stashed off-balance sheet - in a
colossal Ponzi operation perpetrated by the S.E.C. itself in
collaboration with George H. W. Bush. George W. Bush, and other Bush
Crime Family associates. THIS WILL BE THE BIGGEST OFFICIAL FRAUD CASE IN
WORLD HISTORY.
When
filed, this lawsuit will almost certainly be the development that will
crack the immense edifice of systemic and deliberately subversive
official corruption wide open and force it into the public domain once
and for all - because the so-called 'mainstream' media wil surely be
obliged, given the unprecedented size of this lawsuit, to pay attention
to this one.
Of
course, they will probably immediately get the wrong end of the stick,
assuming ('under advice') that this was 'just another giga-scam' -
rather than in reality a further component (albeit a scam without any
historical precedent) of the orchestrated offensive perpetrated FROM
WITHIN THE U.S. OFFICIAL STRUCTURES against US capitalism and the
financial system masterminded by George H.W. Bush and his crime
associates and financial technicians: OPERATION STILLPOINT.
And
who features among the 'partners' of George Bush Sr. within the former
Barrington Investment Group, now Deutsche AG, under the control of the
DVD's primary banker, Dr Joseph Ackermann, CEO of Deutsche Bank? Why,
the former Leninist President of the Soviet Union, M.S. Gorbachëv.
* Are you beginning to get the picture?
*
Recall that German long-range 'Black' counterintelligence, the heirs of
the Abwehr (DVD), and Soviet 'Black' intelligence (fronted these days
by Soviet Military Intelligence, GRU, for which 'Prime Minister'
Vladimir Vladimirovich Putin is the public face), work together at high
levels against 'the Main Enemy' - and have always done so. In this
connection, the 'successors' to the KGB (FSB) are in charge of the
Russian Federation's outward-facing stance for international public
consumption. The FSB operates a presentational policy which is the
dialectical (Leninist) opposite of the secret ongoing responsibility and
commitment of the GRU to preserve the integrity of the Leninist
Party-State and its structures, which went 'underground' with the
'changes' of 1989-92.
THE
CASE THAT WILL CRACK THE CRISIS WIDE OPEN US authorities were reported
to us on 3rd January 2010 to be so worried about this huge pending
CMKM/CMKX lawsuit, which had been submitted in outline as a 'proffer' to
them in advance, that frantic efforts were allegedly being made as this
report was being prepared, to locate the $3.87 trillion 'needed' to
'shut the CMKX people up'.
CMKM/CMKX
was originally set up from within the CIA as yet another Bush Crime
Syndicate-related Ponzi scheme, to finance OPERATION STILLPOINT (like
everything else).
Under
the original criminal scheme, the Securities and Exchange Commission
was to serve (and did serve) as another trading platform for the Bush
subversion operation. Originally, the intention had been to conduct this
illicit phantom trading op. through the Federal Financing Bank (FFB), a
special entity within the US Treasury which has been used over the
years for 'smoke and mirrors' financial obfuscation purposes, and also
to provide the Secretary of the Treasury with up to $15 billion of
prospective 'borrowing space' (as allowed to the FFB by Statute) when
Congress delays the raising of the Statutory Debt Limit, as it does
every few years or so in order to remind the US Executive Branch that
the Congress is supposed to control the purse strings; but that plan was
abandoned when it was found that the FFB was subject to 'too many
restrictions' which would be inconsistent with the underlying criminal
intent.
Ironically,
Congress won't need to raise the Statutory Debt Limit - which is
essentially now the sole remaining substantive whip that it can wield to
force the Executive to recognise that it controls expenditure - with
the start-up of the Dollar Refunding Programme, given that the tax
accruals due to the US Treasury arising from the eight weekly trades
will in due course obviate the necessity for the Statutory Debt Limit to
be raised at all.
*
This insight provides a possible explanation, beyond endemic
corruption, for the resistance to overall resolution that has been the
hallmark of the US Legislature over the years.
MASSIVE
PONZI SCAM RUN FROM WITHIN BUSH'S S.E.C. So the S.E.C. - which is
responsible for monitoring the honesty and integrity of securities
trades - was itself used as cover to establish and operate an
off-balance sheet trading platform which was to be employed to clean up
vast accruals by illicit means. This mechanism followed the standard
intelligence deception principle that the most effective cover to
operate from is from within the entity that is charged with monitoring
and exposing the criminal activity to be perpetrated. It's called a form
of 'sib' operation.
Under
George W. Bush, between June 2004 and 28th October 2005, it is alleged
that no less than 2.25 trillion of phantom CMKM/CMKX stock were sold
into the stock market under this S.E.C. cover - which has to rank as by
far the most brazen Ponzi scam in world history: and one, furthermore,
that was set up and perpetrated by and from within the US official
structures with the specific intention of 'screwing' the investing
public, notably the investors in CMKM/CMKX shares.
Of
course, the S.E.C. has no right or legitimate power to allow or approve
phantom trades to be conducted by its own personnel or on its behalf on
an illicit trading platform - an obscenity which calls into question
the validity of all its current and former lawsuits against myriad
lesser market perpetrators since this unprecedented official
Bush-developed financial aberration started.
On
the contrary, we would expect market defendants convicted of dodgy
dealing to be instructing their lawyers on the basis of this staggering
emerging evidence that the Securities and Exchange Commission is itself a
criminal enterprise.
Eventually,
the illicit CMKM/CMKX proceeds from the PHANTOM SHARE trades were
brought back into the Bush-CIA Crime Syndicate's orbit via Tyler, Texas
(Bush territory).
The
reason that the CMKM/CMKX investors have legitimacy and standing is
that, following an earlier lawsuit, the investors' case as Ponzi
victims, was upheld - so that they are now in the driving seat, even
though the original scheme was a CIA front operation.
This
state of affairs TERRIFIES multiple perpetrators across the board, and
needs to be considered in the context of the CHANGE OF POLICY at the US
Department of Justice and INTERPOL's de facto diplomatic immunity and
the consequent implications for Habeas Corpus.
CIVIL
WAR WITHIN THE INTELLIGENCE POWER Not surprisingly, it has become
evident, and we are specifically informed, that civil war has broken out
within the main flank of the corrupted Intelligence Power.
This
was to be expected, given that OPERATION STILLPOINT has been disrupted
and that the Bush Syndicate is in the process of being 'taken down' -
although, unbelievably, Bush Sr. and Barbara were still NOT in custody
as of 5th January 2010.
Tensions
have erupted between the discredited Bush-DVD Syndicate penetration
cadres and elements within the CIA who range from professionals
disgusted at the behaviour of their agency (begging the question: they
went along with it, so they haven't a leg to stand on), and operatives
who find their noses out of joint for whatever reason (such as
non-fulfillment of Pay Orders, which cannot now be fulfilled because
they involved financial corruption) may apply. The tensions duly erupted
into bloodshed during the holidays.
Specifically,
the 'Black Ops' specialists, probably directed inter alia by senior CIA
operative Mrs Hillary Clinton who disappeared into Afghanistan and the
region during the Christmas and New Year period, have been working
overtime to develop new terror 'false flag' operations, of which the
Northwest Airlines Flight 253 near abomination was one example - in time
to try, against the odds, to abort the derailing and closedown of
OPERATION STILLPOINT - which the stupid 'Black Ops.' people don't appear
to have realised is HISTORY. As previously mentioned these liars,
deceivers and dealers in murder and the 'Black arts' are exceedingly
stupid at all times.
On
New Year's Day, The Times (London) and other 'mainstream' media
reported the furious response of Afghani security chiefs to the
cold-blooded murders of at least eight children and teachers during a
night raid in Eastern Afghanistan - an outrage that triggered justified
mass protests across Afghanistan at the barbarity of these
assassinations. The high Afghani officials demanded that the United
States must hand over the gunmen who perpetrated these atrocities.
The
Afghan National Security Council (modelled along US and Soviet lines),
chaired by President Karzai, demanded that 'those responsible for the
deaths of those innocent youths must be handed over to the Afghan
Government'. Mr Karzai's office elaborated: 'International forces
entered the area and killed ten youths, eight of them school students
inside two rooms in a house, without encountering any armed resistance'.
The
local headmaster, Rahman Jan Ehsas, told The Times that 'seven of the
children were handcuffed before they were shot. A local farm labourer
and a shepherd boy were also killed'.
Although
(inevitably) a Western official commented that 'there's no doubt that
there were insurgents in there, and there may well have been an
insurgent leader in the house', he added:
'But that doesn't justify executing eight children who were all enrolled in local schools'.
'C.I.A.
ASSASSINS EXECUTED BY ORDER FROM WASHINGTON' IN ANOTHER COVER-UP All
reports on this incident have so far missed the point, which is
illuminated by the sequel - namely that following this massacre, a
'suicide attacker' killed eight US civilian operatives.
[Although
we are informed that no less than 13 CIA operatives were present at the
same time in the remote location - an unbelievable breach of basic
security standards].
*
These killings took place at a CIA base, Camp Chapman, in Khost, on the
Afghan-Pakistani border. Those killed were the CIA 'Black Ops'
personnel who perpetrated the murders of the children and teachers - to
escalate Afghani and Islamic tension generally, in pursuit of an
emergency agenda intended to smother inter alia the takedown of
OPERATION STILLPOINT.
You
don't believe this? Then let us share some special intelligence with
you - obtained, indeed, from intelligence sources. These eight 'Black
Operations' murderers were themselves liquidated on orders from
Washington (probably approved at the highest level, certainly the
National Security Council), not as retribution for what they did of
course, but because the Afghani authorities were calling (see above) for
these US demoniacs to be handed over to the Afghani authorities so that
they would appear in Court - unleashing further appalling publicity for
the Americans and the CIA, to be splashed around the world's
'mainstream' media.
The
Afghans wanted these US bandits under their authority; so the order was
placed by US officials for these men to be executed. In other words,
yet another CIA-sponsored 'Black Ops.' abomination ended in failure and
the murder of Americans by the US Government's own structures -
illustrating both the extreme desperation of the Intelligence Power as
it is split apart by its internal rivalries and the ongoing but
incomplete purge of the Fifth Column saboteurs, and the mental
retardation of the out-of-control Fifth Column fools inside the Agency
and its subsidiaries and 'privatised' cadres who are recklessly plotting
these sabotage outrages.
C.I.A.
SPIN-DOCTOR TRIES TO OBFUSCATE THE SITUATION On 4th January 2010, Bruce
Riedel, a so-called 'former' CIA office and now a 'White House adviser,
suddenly surfaced to promulgate, for public consumption, an obfuscation
'line' to the effect that the 'suicide attacker' who made certain that
the eight (CIA) operatives were duly horizontalised was a Jordanian
double agent sent to 'hunt down top Al-Qaeda leaders', according to The
London Times [5th January 2010]. Mr Riedel even obliged the media with
the wholly unnecessary detail of the full-blown name of this now dead
attacker: Humam Khalil Abu-Mulal al-Balawi. His intelligence 'handler',
Ali bin Zeid, was said to have been killed, along with seven (not eight)
CIA operatives.
Riedel
elaborated with unnecessary and contradictory detail: 'The officer was
also a member of the Hashemite Royal Family, which is part of the reason
the King and Queen [of Jordan] attended his funeral, and why he is now
being remembered [in Jordan] as a national hero'. (This has indeed been
separately confirmed to us).
Spin-doctor
Riedel added: 'The bomber allegedly [sic] was sent by [al-Qaeda's
supposed 'Number Two'] Ayman al-Zawahiri himself, to conduct the
attack'.
No
sir. These executions of CIA operatives were ordered from Washington to
cover up the latest mad attempt by the stupid demoniacs in the Fifth
Column to try to sabotage the de facto takedown of OPERATION STILLPOINT
which is happening in 'real time' - threatening the continued unhealthy
hegemony of the corrupt and evil US Intelligence Power in the process.
WHITE HOUSE WISES UP TO THE INTERNAL TREACHERY: On 5th January,
Webster G. Tarpley, a respected veteran reporter, published an analysis
in which he supported our KNOWLEDGE (which is based on intelligence
obtained prior to his report) that operations are being and have been
run FROM WITHIN THE US OFFICIAL STRUCTURES to try to destabilise
President Obama at this critical stage.
However
no-one reporting on these matters has yet understood that the
underlying rationale for these treasonous operations has to do with the
preservation of the Intelligence Power's collapsing control hegemony,
and the stunted mentality of corrupted cadres and their handlers who
have not yet wrapped their minds round the reality that OPERATION
STILLPOINT is being dismantled.
Of
course the problem here is that hardly anyone, even within the
compartmentalised elements engaged in these futile and desperate late
terrorism operations perpetrated against their own nation, Government
and people (not to mention 'collateral damage' abroad, which none of
them care about), know or have known of the existence of the OPERATION
STILLPOINT plot.
(Which
also, incidentally, illuminates the folly of those who persist in
fomenting the fallout from the orchestrated, partisan campaign against
President Barack Obama, which in fact masks the SAME underlying intent -
to rescue the desperate American Intelligence Power from its fate,
along with OPERATION STILLPOINT, a FOREIGN-inspired long-range deception
offensive targeting the US component of the 'Main Enemy'. So, in
persisting with this behaviour, these people are actually, or have been,
participating, consciously or unwittingly, in the massive Fifth Column
programme to destroy and 'take down' the United States. Which is the
reverse of what most of these people want. 'Those whose clothing is made
of esparto grass shouldn't stand too close to the fire').
OBAMA
KICKS BUTT AFTER RETURNING FROM HAWAII For, make no mistake: President
Obama has been 'kicking butt' ever since his return from Hawaii. He has
realised, not least, that he has no alternative, if he himself wishes to
avoid abrupt arrest by INTERPOL for OBSTRUCTION OF JUSTICE (which is
what he was told on 4th January 2010). At the same time, in any case,
his first year in office has been completely wasted due to the
subversive activities of the high-level saboteurs in his Cabinet and
entourage, who were largely foisted upon him - by the recalcitrant,
penetrated Intelligence Power.
He
needs the money for his programmes (of which one can hardly approve BUT
THAT'S NOT THE POINT at this juncture); and he needs the money for the
bankrupt US States, and because THIS IS A MID-TERM ELECTION YEAR.
Most
of all, he needs resolution so that the poisonous venom of this crisis
is finally squeezed out of the system - and so that the axes that are
cascading from the sky on numerous brazen, corrupt necks, fall where
they are now destined to fall. He's had enough.
RICHARD
WOLF ALLUDES TO ROGUE OPS. INSIDE THE STRUCTURES Mr Tarpley cited the
report by Richard Wolf on a cable network programme, and we'll let the
author speak for himself - correcting him, or elaborating briefly, at
the end of these excerpts:
'Washington,
DC: 5th January 2010: Officials in the Obama White House are now
considering the possibility that the Christmas Day attempt by Nigerian
terrorist Umar Farouk Mutallab to blow up an airliner about to land in
Detroit was deliberately and intentionally facilitated by unnamed
networks inside the US intelligence community. This was the gist of a
report by Richard Wolf delivered in this evening's edition of cable
network's MSNBC's Countdown program, hosted by Keith Olbermann....
'Wolf
attributed his account to top officials in the Obama White House. The
intentional sabotage of US antiterrorist screening procedures would
explain why Mutallab had been able to use his US visa, escape
interrogation and special searches, and board the flight, even though he
was clearly festooned with every red flag in the annals of airport
security.
If
Wolf's report is accurate [of course it is, as far as it goes: Ed.],
these Obama officials may well be pulling on a thread which could begin
to unravel the entire secret structure of illegitimate power which has
afflicted this country - in this case, the apparatus which manufactures
terrorist incidents for political purposes of mass manipulation,
dictatorship, and war'.
'Wolf
offered two possible explanations cited by his White House sources
[sic] for the intentional sabotage of security procedures. The first was
a "turf war" inside the intelligence community, with one agency seeking
to hoard information and deny it to others'.
'The
second was the intention to 'embarrass some leading figures',
presumably referring to partisan animus or other resentments against
Obama and his top appointees'.
Unfortunately,
Mr Tarpley, has not been reading our reports - or he would have grasped
by now the real reasons for these various grievous intelligence
aberrations. But at least we now have a respected US journalist who
understands extremely well that the United States' and the world's
problems originate FROM WITHIN THE U.S. GOVERNMENT'S OWN STRUCTURES - an
enormous leap forward which, as he puts it, suggests 'that all the
naïve cover stories are about to collapse in a shock of recognition that
networks infesting the US Government do indeed actively create and
produce terrorist events for their own evil purposes. We need more mole
detectors at the NSC, CIA, State Department, and Pentagon - not more
harassment of the traveling public'.
Surely one of the most perceptive, incisive, and deadly accurate bullseyes that we have ever had the honour to report.
WHITE
HOUSE PENETRATIONS 'SENT MESSAGES TO OBAMA' The scandalous state of
affairs which has surfaced following the arrival at a White House State
Dinner for the Indian Prime Minister of an uninvited couple, Tareq and
Michaele Salahi, has been further aroused with the latest revelation -
noted inter alia by Sally Quinn in a Washington Post report on 6th
January 2010 - that a third uninvited individual, Carlos Allen, also
gate-crashed the State Dinner, passing himself off as a member of the
Indian delegation. Ms. Quinn demanded that the White House Social
Secretary, Desirée Rogers, a socialite from Chicago, should be made to
resign over these incidents.
Once
again we have a correspondent who appears to have got the wrong end of
the stick. Quinn links the continued presence at the White House of Ms.
Rogers to indications that Rahm Emanuel has finally seen the writing on
his own wall, and is believed to be considering running for the post of
Mayor of Chicago in the current year's upcoming mid-term elections.
She
bases this on indications that Emanuel is said to have told unnamed
personnel that the rôle of White House Chief-of-Staff is 'an 18-month
job' and that he is now considering running for Mayor of Chicago. Since
Rogers is reported to be 'a major social and political player in the
Windy City', Ms. Quinn 'thinks laterally in the wrong direction' and
wonders whether Rogers hasn't been sacked because of Mr Emanuel's
political ambitions.
It's
interesting how these American journalists just get it plain wrong
because they don't educate themselves in the affairs of the 'Black'
Intelligence Community.
So,
since we ourselves are somewhat educated in this discipline, let us
reinterpret the meaning of these three White House intrusions. Knowing
the perverted and otiose mentality of these stupid operatives, it is
clear to us that the purpose of the White House intrusions was to
impress upon Mr Obama that he isn't safe ANYWHERE - even inside the
White House itself.
In
other words, the intrusions were intended to send a message to the
President of the United States, from the angered criminalised
Intelligence Power, along the familiar lines of: 'Do what we want or
we'll make sure that you'll cease to be vertical'.
FURTHER ACTIONS TAKEN AGAINST THE BUSHSNAKES On 3rd January,
we were informed that George Bush Sr. and Barbara Bush have been
prevented from touching any money and interfering with banking codes.
Furthermore, a very knowledgeable source elaborated: 'All the money
accumulated by (CHENEY'S) Halliburton has been removed, and Bush 41 and
Bush 43 have been deprived of all their stolen money as well.
It
also transpired that the Bushes were running two additional sets of
phony books through false groups - one of which was called 'Halleluiah
Trail', and another, run out of Europe, containing the name 'Horizon'.
The operators of these fraudulent Ponzi schemes were ordered to reveal
and then to disgorge funds held in custody; and when they demurred or
stalled, or denied that they held the funds, the operatives concerned
were arrested (between New Year's Day and Sunday 3rd January).
Of
critical importance, too, is the fact that the Chinese authorities and
the Swiss are refusing point blank to pay ANYTHING at all to the Bushes
and their criminal associates.
*
That of course means that, as has been plain for months, Wanta, who has
'worked for' Bush all along [see below], gets nothing either.
In
summary, the Bush-CIA-DVD's 'Black Ops.' Intelligence grabitisation
OPERATION STILLPOINT Syndicate is being DISMANTLED in 'real-time'. It
began with the Bank of Credit and Commerce International (BCCI) 'sib'
operation, financing wars and destabilisation operations all over the
place, creating maximal confusion - from which money was always to be
made.
Though
lubricated by the Bush-CIA's criminal drug-trafficking operations and
CIA 'Black' money derived from innumerable Ponzi schemes and arms
manufacturing, as well as by CIA corporations specialising in fraud such
as Cheney's Halliburton with its scamming departments run from within
the CIA and the Pentagon simultaneously, the entire edifice of the
Octopus is in free-fall - a reality that its personnel cannot accept, so
that they are being arrested, horizontalised or all of the above.
OTHER
RELEVANT DEVELOPMENTS SINCE WE LAST REPORTED Indeed, rearguard
resistance continued right through the preparation of this report.
Therefore,
the next segment of this report addresses miscellaneous interim
developments since we last reported, of which the most important are the
following:
*
The ongoing audit by foreign personnel ('men in suits') of the Federal
Reserve, led by Chinese, British and Swiss auditors, continued, we
understand, throughout the holiday period. Enforcement personnel
remained in place at the Fed to ensure that Settlement funds were/are
not diverted in accordance with the Federal Reserve's normal corrupt
procedures.
*
During the review period, this service made repeated enquiries as to
whether all avenues enabling corrupt diversions of funds into the hands
of the Bush-DVD Crime Nexus had been closed. These enquiries were
repeatedly answered in the affirmative: in other words, as stated
elsewhere, scope for the Bush Syndicate to steal funds appears indeed to
have been completely sealed off - indicating that the takedown of
OPERATION STILLPOINT is substantive.
*
International Monetary Fund: Under the direction of the former French
Finance Minister, M. Dominique Strauss-Kahn, corrupt operations appear
to have been brought under control. It is now clear that his
predecessor, the Spaniard, De Rato, left after two years in charge,
under a cloud. Given George Bush Sr.'s extensive use of Spain as a
receiving platform for drug-trafficking proceeds and other exotic
illicit funds - and the fact, which we alone publicized, that the Bank
of Spain ordered the Bush operatives out of their jurisdiction in 2007,
giving them two days' notice (whereupon the corrupt Bush funds were
reported to us to have wound up with the Vatican Bank, controlled by the
German-Jewish Pope, Dr Ratzinger, and Dr Tietmeyer, the former
president of the Bundesbank) - it is rather clear now that De Rato had
to be kicked out of the Fund because of alleged engagement with the Bush
Crime Syndicate in connection with OPERATION STILLPOINT.
DIARY OF EVENTS FOLLOWING 28TH DECEMBER 2009
* 28th December:
The Editor was reliably informed that 'a lot of people got busted'
during the past couple of days. As this information came from a figure
with rather unsavoury contacts, and similar unconfirmed suggestions to
the same effect were received from other sources, we believe this
statement to have been accurate.
* 29th December:
Between 12 and 14 corrupt bankers were reported to us to have been
arrested in London on this date. In Paris, the top Trustee attended at
Banque Paribas for the funds release procedure as planned but was
subsequently reported to have encountered resistance from Paribas
bankers and ended up, as reported to us, 'shouting and screaming' at the
bankers.
We
were also told that the Paris Trustee's fees were to be paid directly
inter alia by President Sarkozy. A key Dallas-based Trustee was reported
to be sick in bed with a fever temperature of 102 degrees and was
reported to us to have been replaced, having also been identified as
'dragging his feet'. Although one source denied the above, we ourselves
established that INTERPOL had indeed intervened in Paris to replace a
senior Trustee, while a key Trustee was detained at a US operations
centre and replaced, after he had been engaged in alleged delaying
tactics.
* 30th December: Informed sources told us that they were 'expecting a lot more arrests'.
* 30th December: The funds were 'dropped down', i.e., made available gross, at midnight.
Funds payable to top Trustees will have been taxed at the Treasury,
with the gross amounts payable to Trustee recipients and distributors
paid without tax being deducted.
*
NOTE: This is a complex area which cannot be fully explained at this
stage. On the one hand, it was IMPERATIVE for the gross funds to be made
available within 2009 - so that taxes could be taken off the top for
crediting within the calendar year 2009 and therefore available for use
by the Government on the books within Fiscal Year 2010 - which we know
from three sources took place.
Indeed, as indicated, a key broker/Trustee confirmed to us in writing on 1st January at 20:24 pm UK time that he was advised on 30 December
by sources in both Europe and the United Kingdom that his taxes had
already been deducted. On the other hand, double taxation is illegal, so
the amounts that Trustees were to distribute had to be paid out gross -
preventing the Obama Government from receiving the sizeable taxation
accruals required on-balance sheet IMMEDIATELY, as the US Government is
'skint' due to the year that has been wasted in further attempts to
revitalise the dying Fraudulent Finance carousel and to rescue OPERATION
STILLPOINT pending the decisive action that had to be taken by the
defrauded sovereign powers that became the Lien Holders.
Overall,
however, the position is that the refusal of Banque Paribas to honour
the top Trustee's instructions in respect of funds that we know have
been taxed, represented a MAJOR BANK FRAUD under international banking
and criminal law, for which the French bankers in question could have
suffered literally ANY fate at the hands of INTERPOL - from summary
execution, to their immediate incarceration or extradition to
appropriate jurisdictions for judicial processing. The key Paris-based
Trustee was also required to pay four countries which had floated
certain bonds.
*
1st January 2010: It was reported to us that, focusing in part on
preventing corrupt bankers and operatives diverting funds back to the
Bush 'Black Ops.' Syndicate, INTERPOL had placed teams at both ends of
certain Settlements transactions - especially given the endemic
corruption within the Federal Reserve, where the Chairman, Dr Bernanke,
features among the highest-level operatives within the US official
structures who is vulnerable to being targeted under the POLICY CHANGE
implemented at the US Department of Justice and in light of the
necessary freedom of operation afforded INTERPOL following President
Obama's Executive Order dated 16th December 2009.
*
The main portions of taxes on the Settlement money were reported to us
to have been taken out of the gross amount on 30th- 31st December 2009,
so that they are applicable for tax purposes in calendar 2009, meaning
that the proceeds are available to the Government now. At 8: 24pm
on New Year's Day, we also received, in response to an earlier enquiry
to a senior Settlements recipient, confirmation from both US and
European sources that 'my taxes were taken off the top on or before 31st December in order for them to be credited to Fiscal 2009. I got that word Wednesday 12/30/09'.
Note:
However given that 'Line-Item' payments were not implemented within
calendar 2009, as should have occurred (indeed, had been promised for
before Christmas), taxes cannot legally be removed from such gross
payments in that context, since they are not payable until 15th April
2011; and payment is therefore expected by certain parties in full.
Prior deduction of taxes in the current fiscal and calendar years from
such payees' amounts would indeed represent major BANK FRAUD and would
be eligible for legal action under RICO (three times damages). Put
another way, taxes cannot be charged on the basis of constructive
receipt: only on the basis of economic receipt.
* 1st January:
The Texas firm of lawyers, Troutman Sanders - used in the past by the
George Bush Syndicate - was reported to be engaged in breaking down the
funds for delivery and distribution. As previously noted, when we were
originally informed about this law firm's involvement with the
distributions, we couldn't believe what we were being told. However for
reasons not yet explained, we were told 'that's the way it's got to be'.
We
pointed out that under the new dispensations [see above], any partner
within that firm who may be dumb enough to continue functioning as
though no fundamental discontinuity from the 'Black Operations' norm had
taken place, would be extremely foolish in view of the fact that the
penalty for treason in time of war is summary execution. Finally, we
were advised that Troutman Sanders was being closely monitored and
watched.
* 1st January:
About 30 arrests of bankers and organised corruption participants were
reported from both Europe and the United States (no further details). It
is believed that INTERPOL had made preplanned arrangements to 'set
arrestees up' in order to have them arrested 'in flagrante'.
Certainly
INTERPOL has been monitoring ALL PHONE CALLS. Nothing at all can be
discussed by any relevant party that is not monitored and recorded.
Furthermore, INTERPOL personnel were working non-stop to ensure that the
funds are secure and performing constant unexpected spot checks at all
institutions involved in the transfers.
* 1st January: It was reported to us at 5:20pm UK time that Leon Panetta, the Director of Central Intelligence (CIA), who had been doing his best as late as 3rd January
to block the Settlements, is now the target of an investigation and was
quote 'physically cornered' unquote on this date not least because it
was (correctly) suspected that he was intending to interfere with the
Settlements process. We were later advised that Leon Panetta is indeed
in severe trouble (as reported on 28th December 2009) and is among a
number of highest-level Government figures who are candidates for being
'taken down'. At press date, Panetta was still in place, but 'on
notice'.
*
4th January 2010: An arrest list was issued by INTERPOL for a large
number of people 'standing in the way' of resolution to be taken into
custody. When we made further enquiries, we established that Bench
Warrants were issued on this date for service on 137 individuals in the
United States. These people will be or are being arrested and taken into
custody by US Marshals. Their passports, IDs and driving licenses, etc,
will have been removed in the process.
Self-evidently,
these arrests implied that those concerned had continued to be
associated with OPERATION STILLPOINT sabotage activity designed to
disrupt the Settlements payouts. However given that ALL WHO STAND IN THE
WAY, from the highest to the lowest, will be investigated and
prosecuted [see above], it could also have been the case that these
people were on the arrest list anyway, and that with their return to
their offices and desks, and the with reopening of the Courts following
the long weekend, matters proceeded as had been planned by INTERPOL
earlier.
* 4th January: Michael C. Cottrell received a death threat from telephone number 717-294 3687.
The FEMALE voice said: 'Is this roadkill?' When they do stupid things
like this, they simply advertise that we have trodden on their nerves.
[Join the club, Michael].
[Following the Editor's posting of his belated Christmas Message on 4th January,
our voicemail received THREE renditions of a satanic mass, including
the initiation of a young woman into the worship of Satan: see at the
top of this report. The harsh American male voice wasn't satisfied,
evidently, with his first attempt, so he did it again - twice. This (and
subsequent similar pathetic satanic assaults by the same means)
indicates that, of course, the LAST thing these nutcases ever expected
was a Biblically literate essay appearing on this website, which usually
has to do with vexing worldly matters. The imprecations were full of
hatred and venom against Jesus Christ. See the relevant passage from the
Gospel of John appended at the top of this report. How shocked and
infuriated these fools must be to be made aware that there are still
those who are not ashamed to proclaim Jesus Christ, whether they like it
or not, and that this is being done on a website that has become -
thanks exclusively to YOUR support - widely read, as this crisis
unfolds].
* 4th January:
The senior Trustee in Paris was required to attend at Banque Paribas
(allegedly one of the most corrupt banks in the world, reported to have
held or to hold about 3,000 Bush Sr.-linked accounts) between 2:00am and 4:00am European time [8:00am and 10:00am EST], from which (given the huge accumulation of Bush accounts) the distribution must begin.
Bankers
at the institution refused to release the funds, and shortly afterwards
were arrested by INTERPOL personnel. The refusal of the French bankers
to fulfil their obligations represented MAJOR BANK FRAUD [see above]
under international banking and criminal law, given that taxes have been
taken off the top (which we know from THREE sources, one of which came,
as noted, from a Trustee to us IN WRITING).
Moreover
this state of affairs represented an IMMENSE CRISIS for President
Sarkozy if he or any of his colleagues were involved - as the President
of France, like the President of the United States [see below] can be
arrested, just like any other participant in the sabotage operations,
for blocking the Settlements under the wide powers wielded both in the
United States and of course abroad by INTERPOL under the jurisdiction of
the World Court.
Before
Christmas, we learned that French official sources had finally
acknowledged that 'what has to be done has to be done' - which, being
translated, meant that Paris had at long last realised and accepted that
the Dollar Refunding Programme WILL be run out of London, as we have
stated, and that they have to drop their typically sterile French envy
of the fact that (as they see it) the British have 'got the better of
them'.
In
reality, all that has happened is that the British Monarchical Power
has had to assert its power and right to obtain restitution for the
grotesque violations perpetrated by the American criminal financiers
against the sovereign LOAN money - for which the former US Treasury
Secretary, Henry M. Paulson, has been reported by us to have been
physically removed to British jurisdiction in Bermuda, where he will
face the consequences of his serially corrupt behaviour.
Following
the arrests of the French bankers in Paris, we understand that Banque
Paribas suddenly started to cooperate - the reasoning, presumably, of
bank officers remaining in situ being that it would be rather stupid to
repeat the mistake of their arrested colleagues. For this reason alone,
we gathered after midnight
UK time in the early morning of 5th January 2010 that payment may have
proceeded to the United States, with a senior Trustee operating out of
Dallas able to carry out his distribution responsibilities at last. [See
later information].
* 4th January: At 21:37pm
UK time we learned that the US news media had confirmed that the
President had returned to Washington from his vacation and that he had
at once summoned (the recalcitrant) Director of Central Intelligence, Mr
Panetta to the Oval Office. With President Obama having returned to the
White House from his fraught vacation in Hawaii, it was reported to us
that the President was 'kicking butt' - an activity that he had no
choice but to undertake, given that if he demurred, he would be
considered a co-conspirator and would be arrested himself.
Specifically,
we were advised on 'special' authority that Mr Obama was explicitly
confronted and informed that if he was found to have been involved with
the sabotage operations that continued up to Christmas and throughout
the holiday period, he himself would be arrested like those for which
Bench Warrants were issued on the same date [see above]. The President
responded that he had had nothing to do with the delays that occurred
over the holidays.
* 4th January:
Whether that was true or not (and it 'needed' to be accurate because if
it wasn't, Mr Barack Obama would cease to be President of the United
States), we were informed on this date that Timothy Geithner - despite
his previous arrest, the removal of his passport and his driving license
and the monitor attached to him, and despite severe earlier
humiliations [see below] - had remained right in the thick of sabotage
operations during the holidays and afterwards.
The
same reportedly applied to the Comptroller of the Currency, John C.
Dugan. One informant suggested to us that Mr Geithner was 'sick in the
head', but our hypothesis was that he is the subject of multiple
blackmailing operations.
We
were advised that Geithner had been re-arrested and that the
Comptroller of the Currency, John C. Dugan, said also to have been
involved in money sabotage, was also reported to us to have been
arrested, although this had not been confirmed to us by late on 6th January UK time.
* 4th January: Some of those arrested on 4th January
were reported to us to have been cuffed and shipped to Europe (as
happened late in 2007), to face justice in appropriate jurisdictions or
under the jurisdiction of the World Court.
* 5th January:
It was pointed out to us that prominent Republicans have or had been
standing in the way of the Settlements. We knew that this must have been
the case because of the anti-Obama barrage orchestrated by parties
connected with the GOP for the past 13 months, to the exclusion of all
else. This has been a major ongoing agitprop operation - the underlying
purpose being hidden from view. On the surface, the objective has been
to paint Obama as a crypto-Communist with mafia associations and all
sorts of other dark failings and skeletons in his cupboard - as though
his mass-murderer Republican predecessor (who is reported by monitoring
sources to have been reduced to walking his dog at Crawford, TX, with a
pooper-scooper, his wife Laura now living apart from him and only
appearing for public consumption when her presence is considered
'essential'), had no blemishes and skeletons at all. But in reality, the
underlying purpose of this ongoing orchestrated anti-Obama offensive
has been to try to wrench the CIA's destructive Fraudulent Finance
paradigm from oblivion in general, and to rehabilitate OPERATION
STILLPOINT in particular.
It
is unclear what these Republicans, who haven't understood this crisis,
think they are doing continuing with their antagonistic sabotage stance,
given the advent of the NEW PARADIGM summarised above. Perhaps these
corrupt operatives imagine that they really are above the law, and have -
like Geithner up to 4th January
- simply not woken up to the reality that the ground has shifted so
violently under their feet that they are wandering in a wilderness
without life support.
* 5th January: It was confirmed [and reconfirmed by several further sources] that the 'lead Trustee' in Paris was finally paid out at midnight Paris time 4th/5th January, as a consequence of which the 160 country payees were finally also paid out.
Given
multiple high quality confirmations, this information is considered
reliable. However these developments did not occur until others standing
in the way had been arrested or 'taken out'.
* 6th January:
'Downstream' resistance persisted, at least during the morning in the
United States. Those still attempting sabotage are either so
compartmentalised and spaced out that they haven't grasped what has
happened, or else they STILL thought that they could 'get away with it'.
We were emphatically assured that 'THEY CAN NOT'.
We
were also tipped off that the legal firm Troutman Sanders, which is or
was required to make distributions, had been put on notice that if a
single deviation from Pay Orders and instructions were to take place
within their firm, THE ENTIRE FIRM WOULD BE TAKEN OVER BY INTERPOL,
while agents within the structures failing to pay out payee funds lodged
with the Federal Reserve Bank of Atlanta, in particular, would suffer
the same fate without further warning.
'LONG
AFTER THE HORSE HAS BOLTED' CORNER The following instances of reality
catching up with people who should have known better, and officials
'coming late to the party', have been greeted with a mixture of
astonishment, mirth and quiet cynicism in this office. Specifically:
1: FINRA HAS JUST STARTED LOOKING INTO CDOs: The Financial Industry Regulatory Authority (FINRA) was reported on 30th December
by The Times, London, to have 'STARTED [sic] an investigation into
synthetic Collateralised Debt Obligations [CDOs]' and has 'several
investigations into so-called 'authentic CDOs' - begging the obvious
question: so, there are unauthentic CDOs?
The
report continued: 'The Securities and Exchange Commission' - the
self-same regulator which is exposed above as having illegally traded
PHANTOM SHARES on an illicit secret platform in the market, and is
accordingly IN NO POSITION TO DO ANY REGULATING UNTIL IT HAS REGULATED
ITSELF, at the very least - 'is also thought to be looking into the
complex instruments created by the banks and sold to investors, such as
pension funds'.
Our
first predictable comment is: on what planet have these officials been
vegetating for the past decade and more? Our second predictable
observation is this: OF COURSE! Given the double-mindedness norm
underlying all this wall-to-wall duplicity, it was NO PROBLEM for the
S.E.C. to be 'regulating' with its left hand (or going through the
motions of doing so) while illegally trading the phantom stock and
scamming the market with its right hand!
[This
brings to mind the old adage: 'Here is my right hand to begin with, and
here is my left hand opposite. If I lose my right hand, my left hand is
right, because the only hand left is my right'].
THEREFORE,
neither is it a problem here for FINRA and the Securities and Exchange
Commission suddenly to embark upon 'investigations' into the Fraudulent
Finance gimmicks developed by the criminal financial enterprises they
were quote 'regulating' unquote. Why not? When everyone is
double-minded, what's the problem?
* FINRA, the Financial Industry Regulatory AUTHORITY, is a menace and should be disbanded.
An
'Authority' IS NOT AN ENFORCEMENT AGENCY: it is just a toothless
'watchdog' which does little watching. It was deliberately established
as a toothless entity relating to the state of affairs in the United
Kingdom, where the marketing of securities is NOT PROPERLY REGULATED, as
is supposed to be the case in the United States under the 1933 and 1934
Securities Acts. It 'replaced' NASD Inc. (the National Association of
Securities Dealers, Inc.) which wielded drastic enforcement powers under
the Malone Act [see the Legal Notes, below]. When 'NASD became FINRA',
so that discipline was deliberately relaxed, FINRA became its own
trading platform, furthering the hidden destructive intent underlying
OPERATION STILLPOINT.
The
SUDDEN initiation of an investigation into synthetic Collateralised
Debt Obligations (CDOs) at this late stage has everything to do with a
belated attempt by FINRA officials to protect themselves from the axes
falling out of the sky given the CHANGE OF POLICY at the US Department
of Justice, rather than with an intention to do its job properly. In any
case, we have long since exposed these fraudulent transactions: all
FINRA needs to do is to READ WHAT WE HAVE PUBLISHED.
Christine Selb, writing for The Times from New York, elaborated:
'To
create a synthetic CDO, banks acted as the buyers of the underlying
CDSs (Credit Default Swaps). This meant that the banks were betting that
insured debts would default and the CDSs would pay out, while their
clients, confident at the time in the exponential rise of the housing
market, were betting that they would not have to pay out'.
'The
banks have argued that taking the short side of the deal was a
legitimate way of hedging against other exposure they had in the housing
market'.
'However,
an article in The New York Times last week intimated that Goldman Sachs
had stuffed synthetic CDOs with toxic CDSs and sold the instruments to
unwitting institutional investors, while knowing that their short bets
would swiftly pay out'.
'The
paper said that some synthetic CDOs created by Goldman Sachs went bad
within five months of being created by the institution. On its website,
Goldman Sachs published a lengthy rebuttal to the allegations published
in the New York Times'.
'The
bank said that it had lost $1.7 billion on residential mortgages in
2008 and asserted that it had created the synthetic CDOs to meet demand
from clients, who were told that Goldman Sachs would take a short
position against them'.
'"The
buyers of synthetic mortgage CDOs were large, sophisticated investors",
the bank said. "They did not rely on the issuing banks in making their
investment decisions"'.
*
In other words, they believed that the name Goldman Sachs stands for
integrity and probity (having of course failed to pay attention and to
read on this website all about the serial criminal finance activities,
thefts and diversions perpetrated by that arch-crook, Henry M. Paulson,
Goldman Sachs' former CEO); so if they boobed, that was their problem,
not Goldman's.
*
We now reveal that it was a Goldman Sachs compliance officer who told
the Editor that the price of a synthetic 'structured product' is 'what
somebody is prepared to pay for it'.
2:
THE GOLDMAN SACHS 'CONTROVERSY': In The New York Times' article, former
Goldman employees and debt experts claimed that the bank knew that the
CDOs it was designing and selling were highly risky. The Daily Telegraph
[dated 30th December 2009] was more specific:
'The
sources claimed that rather than warning clients of the dangers,
Goldman spent millions of dollars "short-selling" the instruments,
reaping vast rewards when they imploded'.
'Sylvain
Raynes, an expert in structured finance at R & R Consulting, told
The New York Times: "The simultaneous selling of securities to customers
and shorting them is the most cynical use of credit information that I
have ever seen"'.
'When
you buy protection against an event that you have a hand in causing,
you are buying fire insurance on someone else's house, and then
committing arson"'.
*
FACT: In other words, it is being stated here that the securities in
question were marketed with criminal intent. Given the CHANGE OF POLICY
at the US Department of Justice, it should follow that certain Goldman
Sachs executives (and at other institutions involved in this obviously
nefarious scamming activity) may be having sleepless nights: except that
these people are so arrogant that they NEVER imagine that they can be
caught out.
* This may no longer be a reliable assumption on their part.
*
FACT: We exposed the corruption and fraud embedded in 'structured
finance' back in 2008, both on this website and in International
Currency Review <http://www.worldreports.org/
* Maybe these people are suffering pain at last.
This
state of affairs conforms to another Story's Law: 'Investigative
journalists are hated when they investigate but are proved right years
later when the timely nature and fact of their investigations, ignored
at the time, has been forgotten'.
3:
SHENZHEN NANSHAN POWER VS. GOLDMAN SACHS: A state-owned Chinese thermal
power generator is refusing to pay $80 million lost on two hedging
contracts in a long-running dispute with Goldman Sachs, claiming that
Western investment banks developed 'extremely complicated' derivative
'products' that were manifestly quote 'impossible to understand' unquote
(on purpose of course).
On
New year's Day, the Chinese entity revealed that J. Aron and Company,
the commodities arm of Goldman Sachs, had threatened to sue it for more
than $80 million compensation for termination of the contracts in
October 2008 - shortly after the financial sector imploded due to the
'lockdown' of the $14.0+ sovereign 'real' money on 10th-12th September
2008. The Chinese thermal generating firm said, in a statement to its
local stock exchange: 'We will not accept the demand by J. Aron for all
the losses and related interests'.
In
the face of the prospect of very large losses in October 2008, the
Chinese securities regulator ordered the state-owned Shenzhen to cancel
its agreement with J. Aron, which the regulator said that the thermal
power firm had not been authorised to enter into. The regulator, China's
Assets Supervision and Administration Commission (SASAC), is supporting
Shenzhen in this dispute.
Specifically,
Le Wei, SASAC's Vice-Chairman, said that foreign investment banks had
'maliciously' sold derivatives contracts that were 'intentionally
complex and highly leveraged' to Chinese state-owned corporations. The
banks had 'fraudulently peddled' the contracts with 'evil intentions'.
Accurate.
See OPERATION STILLPOINT below, and our prior exposures of the
Fraudulent Finance offensive. Interestingly, no foreign bank has yet
dared to bring a legal action to pursue payments due under such
Fraudulent Finance contracts. They can't - unless they are anxious to
face public humiliation and terminal reputational damage. Which means
that the criminal financial enterprises know perfectly well that they
have been engaged in Fraudulent Finance.
4:
MORGAN STANLEY SUED OVER A CDO: On Christmas Eve, Morgan Stanley was at
the receiving end of a lawsuit filed by a Virgin Islands-based pension
fund over a $1.2 billion 'authentic CDO' (a package of debts, such as
mortgages, sorted into tranches of varying levels of risk and sold to
investors seeking the income stream from the debt repayments, according
to the misleading prospectus).
The
pension fund, which filed its suit in Federal Court, has accused the
bank of stuffing the CDO with low-quality 'assets' which Morgan Stanley
(like Goldman Sachs: see above) was simultaneously shorting. It is quite
difficult to imagine anything more duplicitous than this formula.
5:
FALCONE IN LEGAL CONTROVERSY Philip Falcone, mentioned in an earlier
report in this series, who made vast sums shorting sub-prime mortgages
as head of Harbinger Capital, was ordered by a Delaware Judge at the end
of last year to answer accusations of fraud and civil conspiracy. The
allegations relate to a takeover battle dating back to 2006. Falcone al