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21 Trillion missing from US Government…no Accounting for it

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One comment that deserves special attention from one of our members:
LouieC……
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The question to ask all those running for public office:
$21 Trillion dollars is missing from the US government. That is $65,000 per person – as much as the national debt!
“No money shall be drawn from the treasury, but in consequence of appropriations made by law; and a regular statement and account of receipts and expenditures of all public money shall be published from time to time.” ~ Article I, Section 9, Clause 7, U.S. Constitution
What’s going on? Where is the money? How could this happen? How much has really gone missing? What would happen if a corporation failed to pass an audit like this? Or a taxpayer?
This means the Fed and their member banks are transacting government money outside the law. So are the corporate contractors that run the payment systems. So are the Wall Street firms who are selling government securities without full disclosure. Would your banks continue to handle your bank account if you behaved like this? Would your investors continue to buy your securities if you behaved like this? Would your accountant be silent?
This is the reason that there is such a strong push to change or tear up the US Constitution. This is why members of the establishment say it is “old,” “outdated!” This is why there is such a push for gun control. Don’t buy it! We can use the Constitution to get our money and our government back. It is time to enforce the US Constitution.
The Solari Report has been covering the missing money since 2000 when Catherine Austin Fitts began to to warn Americans and global investors about mortgage fraud at the US Department of Housing and Development (HUD), the engineering of the housing bubble that lead to trillions more dollars in bailouts and funds missing from the US government starting in fiscal 1998.
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SCENARIO OF NATIONAL BANKRUPTCY

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Author: OldReb

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Doom and gloom are appearing with increased frequency in U.S. and global financial writings but specific details of a potential economic catastrophe are never given. Let us speculate on what could happen in the United States.

Is a view into an economic catastrophe available ?

ANSWER: Sure, that is easy. Read what has happened to Greece and Argentina. William Blum, John Perkins, and Chossudovsky give many more examples. Bank deposits have been seized; pensions have been wiped out; jobs have been terminated; real estate and assets are selectively confiscated; the economy crashes; national assets are sold at fire-sale prices to financiers; financiers must approve every government action; etc. The same New York City parties, and their proxies, are repeatedly involved.

How might it be handled in the U.S. ?

ANSWER: The Federal Reserve Bank of New York City will handle it. They have exclusive handling of funds to redeem Treasury securities—as a fiscal agent for the government. They will select who gets funds which the government has available. Ref. 31 CFR 375.3.

Who will benefit from the crash?

ANSWER: Primary Dealers currently receive >$10 trillion annually for redeeming Treasury securities. Some of them were involved in creating the Federal Reserve. The concept that they hold ownership of the Board of Governors, in a closely held corporation that does not have to file with the SEC, should not be overlooked. Furtive acts abound in the creation of the Fed. Their derivatives creations have obtained super-priority status in bankruptcy. More

THE FEDERAL RESERVE: A DIFFERENT VIEW

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Author: oldreb

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“What difference does an increase in the National Debt make? We owe it to ourselves.” virtually every congress-critter has declared. Such a paraphrased statement, reflecting on the exoskeleton structure of the Federal Reserve, ignores the inner historic mechanisms of Rothschild banking, the intense subterfuge and arm-twisting of the Fed’s creation, and the proven destructive forces inherent but hidden therein. 1

The medieval Rothschild Banks established a line of credit for the King provided the King issued a written promise to pay gold, with interest, to the bank at a time in the future. The book-entry Rothschild credit was used to pay for obligations incurred by the king. The credit continued to be circulated in the kingdom between merchants. The bankers sold the king’s interest bearing promise of gold to investors. The promise was renewed by the king on its maturing date and became perpetually rolled-over. 2

VOILA !!! The king made the suppliers of services happy with Rothschild credit; the bankers had the gold from investors; the investors had a promise the king would eventually pay them in gold—which would never happen. 3 Everything went smoothly as long as the bankers could sell the promise and the investors did not demand the gold. 4 As Benjamin Ginsburg has lamented in FATAL EMBRACE; (bankers) AND THE STATE 5, eventually the schemes, which stole the wealth from the people with book-entry fiat money, would come to a catastrophic climax. 6

The Federal Reserve system, claimed to be “staffed and run by Council on Foreign Relations members” 7 does the same thing for the U.S. government’s deficit spending. Their wizard is hiding behind Frank Baum’s curtain as obscurant to any public inquiry.8

The Federal Reserve Bank of New York will grant credit (not “create money”) in an account of the US government with an amount that the government will pledge. 9 The government will expend the book-entry-credit account (deficit spending) to pay for goods and services consumed by the government. The suppliers are content. Evidence that the supplier has received a credit voucher is obvious. [It is touted to the public as a loan.10] The heading of the currency given to the supplier by a local commercial bank is Federal Reserve Note; i.e., a debt obligation of the Federal Reserve also identified as a “tender” (substitute) required by law to be accepted for an imprinted number of dollars. 11 More

ELECTRONIC HACK ATTACK WORLD BANKING HEIST: $81 MILLION

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new logoChuck Frank
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On March 12, 2016 in one of my recent articles titled “Going Cashless”, I warned the public about a world that is about to fall off the deep end using digital currency in place of the traditional money system. Three days later a gigantic cyber theft took place and by May 1 , 2016 the New York Times dropped the bombshell stating that not only did the Federal 59203_518492681544067_1036204037_nReserve Bank of New York get hacked for millions by an anonymous group, but so did the Central Bank of Bangladesh which lost a cool $81 million. “The money was then transferred to accounts in the Philippines into the Philippine casino system, which is exempt from many of the country’s anti-money-laundering requirements.”

Now if that doesn’t take all, then I will pop the question. Seeing that sinister hacking can now be done by stealthy wizards who have sophisticated talents and skills, then where does that leave the rest of the world and us who may one day open up our online banking account to see that our digital currency has somehow magically disappeared into thin air? In today’s world, just how safe is our money? It’s not!

These anonymous money changers somehow gained access to a “super secure” international messaging system and a “highly trusted” international company called Swift which is a global financial behemoth servicing 11,000 users worldwide digitally, which includes banks and corporations.

The chairman of Swift, who is also a senior executive at Citigroup “declined to comment” on the recent financial fiasco. Take a bow Citibank AKA, Casino Royale which was partially bailed out during the 2008 financial meltdown with a “federal aid” rescue package, compliments of the taxpayers. How is it the the taxpayers and shareholders get tapped every time big banks gamble and lose?. Also, 2008 was an instant replay of the 1933 depression era when President Roosevelt closed down all of the reckless banks that gambled with the depositors money and used a “bank holiday” to extract all of their savings to shore up that present and corrupt system.

Besides the potential for hackers who can operate under the radar, the world financial community is already in dire straits when considering that banks are never too big to fail as was already witnessed back during the 2008 meltdown. Given that analysis, it is time to prepare for a world financial system that has the potential to fall apart because multi-billion dollar global banks are for the most part inter-connected with each other and if there is a crack in the dam an unstoppable flood will surely transpire.

An Oathkeeper’s question: Are you with me?

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by John Wallace
 
ARE YOU WITH ME?
 
America was founded by people who came to this land in search of Liberty and opportunity. When an oppressive government began to restrict their Liberty in the 1770s, they hardened their resolve, took an oath to stand together and risked everything for the cause of Liberty. They ultimately won their independence and succeeded in breaking the chains and shackles of servitude to the King of England. 
 
Those brave men and women understood that our rights come from our Creator, not from any government, and that our rights are UNALIENABLE – and cannot be taken away or diminished in any way by any government.
 
That’s why the constitution was written very carefully by the Founders who established a Republic to protect our UNALIENABLE RIGHTS. 
 
The United States Constitution doesn’t contain thousands of pages of meaningless legal jargon, like most of the federal legislation written today, but rather it was written so that every American could easily understand it.  It clearly limits the power of the federal government by only giving it very specific, enumerated powers.  All other powers are reserved to the States and to the People. 
  
Over the last 100 years or so, under both Republican and Democratic administrations, our federal government has gradually increased its powers beyond its Constitutional limitations, while our individual freedoms are gradually being lost to this ever growing and more intrusive government. More

Lending – Not Spending – The Problem?

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Lynn Swearingen (c) copyright 2010 ALL RIGHTS RESERVED

In yet another round of finger-pointing, the Dodd-Frank Wall Street Reform and Consumer Protection Act passed last year turned up this bit of information:

Audit: Fed gave $16 trillion in emergency loans

I spent mine already – how about you? Didn’t get it? That is because it wasn’t for the “little people”. Oh no. Just like the skinny new kid on the block gives his brought from home outlawed Twinkie to the big kids at school so they’ll play with him, the Administration(s) played nice with the very people who are now being condemned as the “causation” of various bubbles, CEO raises, and “unexpected Economic downturn”. Are we seeing a pattern here? More

RIP-OFF BY THE FEDERAL RESERVE

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Posted by: Anonymous

The debt created by usury based sovereign debt is perpetual; it can never be paid off. The contract cannot be culminated. Any contract that cannot be culminated is an act of fraud. A contract based upon fraud is invalid from its inception. It would appear the national debt is not legally enforceable. (A debt incurred by a state or municipality is not a sovereign debt as used in this analysis. Such a debt is akin to a commercial loan and is completely repayable.)”

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The Federal Reserve uses euphemistic smoke and mirrors to obscure their operations. With full knowledge the following is not the way the Fed/government describes the system, allow me to offer a different analysis of their mathematical operation.

Congress can pay for federal expenses with funds collected from taxes, but Congress is never satisfied with this amount. The desire to buy votes/campaign contributions from special interest groups induces congress-critters to spend more, and this is identified as deficit spending. To create this make-believe money requires the assistance of the Federal Reserve. Approximately 45% of the 2009 budget was paid by new fiat money.

Congress will give the Fed a security (bill, bond, or note) and the Fed will accept the document as an asset of one of the twelve FR Banks. The Fed will then establish a line of credit for the U.S. government for the same amount and list the liability as Federal Reserve Notes. Voila !! Fiat money has just been created for Congress to spend. Ref: 2009 Annual Report to Congress by the Board of Governors, page 448. More

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