Home

SCENARIO OF NATIONAL BANKRUPTCY

Leave a comment

Author: OldReb

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

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

2 Comments

Author: oldreb

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

 

“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

The Fed Is Offering $100 Billion a Day in Emergency Loans to Unnamed Banks and Congress Is Not Curious Enough to Hold a Hearing

2 Comments

By Pam Martens and Russ Martens: September 27, 2019 ~

New York Fed Headquarters Building in Lower Manhattan

New York Fed Headquarters Building in Lower Manhattan

The Federal Reserve Bank of New York first initiated its emergency overnight loans to Wall Street this year on Tuesday, September 17, starting off at the rate of $75 billion daily. It then increased its loans by adding, in addition to the $75 billion daily, 14-day term loans in the amount of $30 billion to be offered three times this past week. But after the demand for the first 14-day loan was more than double the $30 billion offered, the New York Fed boosted the next term loans to $60 billion and increased its overnight loans to $100 billion.

What will next week bring? When Wall Street can get super cheap loans from the Fed in the tens of billions of dollars with no questions asked by Congress, it will continue upping its demands until the Fed is once again secretly shelling out trillions of dollars while Congress willfully remains in the dark – in other words, a replay of the 2007-2010 financial crisis.

The New York Fed is only allowed to engage in these repo transactions with its 24 primary dealers. That list of 24 primary dealers includes the securities units of big U.S. banks like JPMorgan Chase, Citigroup, Bank of America and Wells Fargo, but it also includes the U.S. based securities units of troubled foreign banks like Deutsche Bank, Credit Suisse, and Societe Generale (SocGen).

Because the New York Fed is not announcing which banks are drawing down the bulk of its loans, neither Congress nor the American people know if the money is flowing to U.S. banks or foreign bank subsidiaries in the U.S. Propping up troubled foreign banks is not what most Americans want their central bank to be doing. More

When an entity like the VA mis-diagnoses (and therefore mis-treats) an illness, that entity will surely be unable to prevent the illness as well

Leave a comment

Submitted by: Dr. Gary Kohls, MD

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

The VA (not to mention virtually every other psychiatric clinic in America) ignores the fact that American military veterans (just like most of America’s chronically-ill infants and children) are 1) seriously over-vaccinated with a multitude of neurotoxic vaccines that contain, among many other toxic substances, mercury, aluminum and live viruses.

Because any neurotoxic drug or neurotoxic vaccine ingredient WILL INVARIABLY cause neuropathological disorders which commonly manifest as mental health issues, most psychiatric clinics will mis-treat the brain-injured or brain-toxic patient with cocktails of seriously neurotoxic, addictive and/or dependency-inducing psych drugs that can cause both serious withdrawal symptoms as well as toxic effects). None of those psych drug (or vaccine) cocktails have been proven to be either safe long-term or even effective.

Treating a sickness (that has been totally mis-diagnosed) with an erroneous treatment regimen (that is highly likely to be toxic) is a recipe for disaster. The is likely to be worse than the original disease.

And, because those treatment toxicities are iatrogenic (doctor-, drug- or vaccine-caused) the VA (and virtually every psychiatric or medical clinic in America) prefers to blindly continue to rely on neurotoxic psychiatric drugs that are known to actually increase suicidality and depression rather than relieve those realities.

V.A. Officials, and the Nation, Battle an Unrelenting Tide of Veteran Suicides

By Jennifer SteinhauerApril 14, 2019

https://www.nytimes.com/2019/04/14/us/politics/veterans-suicide.html

WASHINGTON — Three veterans killed themselves last week on Department of Veterans Affairs health care properties, barely a month after President Trump announced an aggressive task force to address the unremitting problem of veteran suicide.

Mr. Trump’s executive order was a tacit acknowledgment of what the deaths rendered obvious: The department has not made a dent in stemming the approximately 20 suicide deaths every day among veterans, about one and a half times more often than those who have not served in the military, according to the most recent statistics available from the department.

A 2015 measure that required officials to provide annual reviews of mental health care and suicide prevention programs has found that veterans often receive good mental health care at many Department of Veterans Affairs centers — but that has not decreased suicide rates. A relatively new program, known as the Mayor’s Challenge, that helps city and state governments reach more veterans through more public health programs via Veterans Affairs partnerships has shown some promise, but no data exists yet demonstrating suicide reductions.

While the V.A. has been the public face of the issue, veterans are in many ways an amplification of the same factors that drive suicide in the broader American population: a fragmented health care system, a shortage of mental health resources, especially in rural areas, a lack of funding for suicide research and easy access to guns. All of these contribute to the drastically increased suicide rate among all Americans, which rose 33 percent from 1999 to 2017. More

FISCAL BLISS

Leave a comment

Olde Reb
***************
FISCAL BLISS*

Footnotes are available at https://www.scribd.com/document/355085824/Embezzlement-by-Federal-Reserve if they are deleted by software.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
“What difference does an increase in the National Debt make? We owe it to ourselves.” our typical 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 and 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 on its maturing date and was perpetually rolled-over. 2

VOILA !!! The king made the suppliers of services happy with Rothschild credit; the bankers had the gold; the public had a promise that the king would eventually pay them in gold—which would never happen. 3 Everything went smoothly as long as the bank could sell the promise and the people 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, would come to a catastrophic climax. 6 More

House leadership renews push to reinstate horse slaughter in the U.S.

5 Comments

Source: Equine Welfare Alliance PR More

SMART GRID: How Secure Will You Be?

11 Comments

 

John Boering    All Rights Reserved. Copyright 2011

_________________________________________________________

Congress funded and implemented Smart Grid, knowing that it had major security issues.  And it still does.  Was our old system more secure?  If the Smart Grid is supposed to make us more secure, then why are we sharing our technology with everybody and their brother around the world?

In an April 26, 2011 Center for a New American Security (CNAS) www.cnas.org blog posting, Christine Parthemore, a Fellow at CNAS, wrote:

“For years, DOD-focused discussion could be characterized as many heads of hair on fire. We saw tons of arm-waving, sky-is-falling near-hysteria within different parts of the Department of Defense on the cyber vulnerabilities of smart grid technology…”

“Many burning questions remain, and seem to be even more urgent after our off-the-record, this-meeting-never-happened meeting on smart grid cyber security…

there is so little clarity to the nature and scale of the problem that solutions are bound to be incredibly ineffective while wasting massive stacks of cash.”

Sept. 2007 GAO Report Warned Congress

GAO Report GAO-07-1036 pdf. to Congress warned that:

“The smart grid vision and its increased reliance on IT systems and networks expose the electric grid to potential and known cybersecurity vulnerabilities… As we and others have previously reported, these potential vulnerabilities include: More

Older Entries

%d bloggers like this: