LL
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Supposedly he has a fail safe thing set up where if he dies under questionable circumstances or simply disappears the password to all the top secret stuff he hasn't exposed will be distributed into the wild. The Net equivalent of a dead man switch.puros_bran":xwx5gal2 said:To big to die in a snatch and go or some such...
but he better stay the bell off of airplane and make sure he doesn't shoot himself three times in the back of the head committing suicide.
:face:[T]he powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations....
It must not be felt that these heads of the world's chief central banks were themselves substantive powers in world finance. They were not. Rather, they were the technicians and agents of the dominant investment bankers of their own countries, who had raised them up and were perfectly capable of throwing them down. The substantive financial powers of the world were in the hands of these investment bankers (also called 'international' or 'merchant' bankers) who remained largely behind the scenes in their own unincorporated private banks. These formed a system of international cooperation and national dominance which was more private, more powerful, and more secret than that of their agents in the central banks. This dominance of investment bankers was based on their control over the flows of credit and investment funds in their own countries and throughout the world. They could dominate the financial and industrial systems of their own countries by their influence over the flow of current funds though bank loans, the discount rate, and the re-discounting of commercial debts; they could dominate governments by their own control over current government loans and the play of the international exchanges. Almost all of this power was exercised by the personal influence and prestige of men who had demonstrated their ability in the past to bring off successful financial coupes, to keep their word, to remain cool in a crisis, and to share their winning opportunities with their associates.
:face:Michael Rivero":1zgw8vv2 said:1. Wall Street created mortgage-backed securities as an investment device, sold them, and used ponzi scheme tactics to make them look immensely profitable while the SEC looked the other way.
2. In order to meet the demand for MDS created by the illusion of major profits from the Ponzi activity, the mortgage bundlers pledged the same mortgages over and over and over again into different investment bundles.
3. In late 2008 the fraud started to appear in US financial circles. Congress, itself invested in the financial firms that bought those fraudulent mortgage-backed securities, voted through TARP to save their own fortunes at the expense of the US taxpayer.
4. In 2009, the foreign banks began to realize that Wall Street had screwed them and began to demand the repurchase of the bad paper. The Fed started handing out trillions of dollars borrowed against the American people, mostly to foreign banks, to cover the fraud.
5. But cash was flowing out of the nation faster than the Federal Reserve could print it up. Something needed to be done to balance the loss and put the bankers back into the black, so the only real hard assets left in the nation, Americans' homes, were to be sacrificed for the good of the banks' capital structure.
6. By perpetuating tax credits that encouraged the offshoring of American jobs to other countries, the US Government created a situation in which millions of Americans would no longer be able to make their mortgage payments and lose their homes to the banks. The banks would then add the full value of those homes to their balance sheets to keep themselves appearing solvent.
:face:Michael Rivero":pcmr8g9e said:The criminal fraud even went further than that! In the case of Countrywide (now part of Bank of America) the actual titles were never really transferred, leaving the investment bundles entirely unsecured!
What appears to have happened is that the European banks realized that the American investment firms selling those mortgage-backed securities were engaging in fraud! Greenspan has admitted to such.
As the banks of Europe began to feel the major losses from the fraud, they turned to their local governments for financial assistance. In turn, those governments were forced to apply for loans from the International Monetary Fund, plunging their people deeper into debt, and the governments under the control of the private bankers! Indeed one must wonder if this multinational financial fraud had as its ultimate objective the forcing of the entire western world under the control of a giant private bank!.
Obviously, the people of Europe are refusing to be chained to a global bank and seem far more worried about their freedoms than their American counterparts. Yet a quick Google search shows the media encouraging the nations hit with this massive financial fraud to apply to the IMF for more loans, never mentioning that in their indebtedness lies the end of their national sovereignty!
Ultimately the European banks are never going to sit still for fraud, even from Wall Street, and even from the USA! In order to reduce their losses and avoid more IMF entanglements, the European banks demanded a refund on those fraudulent investment packages. No doubt the Wall Street mortgage fraudsters refused, suggesting that the bankers of Europe dump their losses on their populations just as the American banks were being forced to do. That some European banks did so explains why so many European nations are in financial trouble. However, the larger European banks may have decided to "get tough" with the Americans, and this may explain the mysterious electronic run on the US financial system in February 2009, which almost crashed the US economy. Strangely, the American people were never informed who had initiated the financial transfers, even though obviously this information is recorded in the transactions on the computer systems.
This "attack" may have been a warning from the European main banks to the US to make good on the bad investments, or risk full public exposure for the mortgage backed securities fraud!
Soon after, we learned that the Federal Reserve was handing out trillions and trillions of dollars, loans which the American people are expected to repay, only the Federal Reserve refused to say who was getting the money, and even implied that exposure of the recipients of these trillions of dollars might pose a threat to the US economy. Now, nearly two years later, we find out that the Federal Reserve was buying back the mortgage-backed securities from European banks including Deutsche Bank and Credit Suiss. The reason this was kept secret was that the American people were being told that all these "bailouts" would be repaid, yet common sense tells us that profit cannot be made from an exposed fraud! The Fed could not admit too owning all those mortage-backed securities without being forced to answer the question of just exactly why they were not producing any earnings, with the usual "it was all the borrowers' fault" excuses wearing thin even then! As cash left the nations financial system to cover the repurchase of the fraudulent mortgage backed securities, banks found their balance sheets slipping into the red. The banks were being driven into insolvency making good on the bad paper and this is what triggered the epidemic of fraudulent foreclosures. Banks needed real assets on their balance sheets as quickly as they could to get their balance in the black and their banks out of insolvency. So shortcuts were taken which became known as "foreclosuregate".
For some banks, it was too late. Hundreds of banks either dragged down by the fraudulent mortgage securities or made insolvent buying back the bad paper, have been shut down. For other major banks and financial institutions, the tactic worked and they stayed afloat, for which making millions of Americans homeless seemed a small price to pay! Indeed one might explain the hitherto unexplained reluctance by the Federal Government to stem the offshoring of American jobs as a deliberate policy of setting up Americans to lose their homes in order to preserve the capital structure of the banks!
In other words, the American people were looted to make good on the fraud perpetrated by Wall Street not only against American financial institutions, but bankers in the Eurozone as well.
The Wall Street Fraudsters should have gone to jail. But they walk free and clear, saved from the FDIC and prison, heading into a wonderful holiday with record-setting bonuses to spend while ordinary Americans have been made jobless, homeless, and hungry to keep the criminals out of prison.
The Mortgage Backed Securities fraud is the biggest fraud in the history of the United States, and as today's revelations make clear, we still do not know the full scale of the financial rape this nation has suffered.
Even I noticed that. All that about the government leaks and I never heard mentioned he was a criminal, you would think that would have come out.jhuggett":32jqyi8i said:Anyone else find it strange that when he releases all these government documents nothing really happens to him but as soon as he starts messing with the banks he's on InterPol's most wanted list?
He actually was investigated about the rape/molestation charge a bit ago but they released him. I believe there just wasn't enough evidence but now there seems to be, although no one has said that anything new was discovered. Even so, InterPol has to have much bigger fish to fry that an iffy rape charge.pistolero":5ou1sm9u said:Even I noticed that. All that about the government leaks and I never heard mentioned he was a criminal, you would think that would have come out.jhuggett":5ou1sm9u said:Anyone else find it strange that when he releases all these government documents nothing really happens to him but as soon as he starts messing with the banks he's on InterPol's most wanted list?
Then when they really want you, YOU WILL be the bad guy.