Home

FEDERAL RESERVE TRANSPARENCY

Leave a comment

OldeReb

proliberty@fairpoint.net

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

The Federal Reserve’s lack of transparency, which is perceived to be impenetrable, is an erroneous assumption.

Volume 12 C.F.R. § 261.2(i)(1) Identifies public FOIA requests for records (of) any Federal Reserve Bank in connection with the transaction of any official business.” are authorized. A Federal Court of Appeals has concurred. Ref. Bloomberg L.P. v. Board. of Governors of Federal Reserve System, 649 F. Supp. 2d 262, 274 (S.D.N.Y. 2009), aff’d, 601 F.3d 143 (2d Cir. 2010). Exemptions 4 and 5 are not applicable. The deceptive CRS Report 42079, Federal Reserve; Oversight and Disclosure Issues relates to a public perception; it does not relate the law. Ref. https://thedailycoin.org/2020/02/02/federal-reserve-foia-and-audit/ (updated).

The Federal Reserve’s creation of fiat currency [a credit extended by the FR system] depends upon the Treasury Department issuing a debt instrument [Treasury security] containing a promise to pay back the principal plus interest. The interest does not exist nor has it been created. The only way to procrastinate bankruptcy is to issue more debt (principal) and pay the prior interest due from the new principal. This results in an exponential increase in the amount of debt [inflation] that will be created. The National Debt can never be paid off. It is a classic Ponzi scheme. [Fractional reserve multiplication of currency by commercial banks does not alter this conclusion.] A contract that cannot be culminated, or does not convey consideration for funds, is an act of fraud and is void upon its inception.

The manner in which the Fed is used to assist Wall Street conceal >$3 billion daily from the government [and the public] using the auction accounts of Treasury securities for the benefit of TBTF banks is alleged at https://www.spartareport.com/2019/11/the-federal-reserve-a-different-view/ ; https://thedailycoin.org/2018/08/21/the-federal-reserve-a-different-view-updated/ ; https://ppjg.me/2019/11/18/the-federal-reserve-a-different-view/ , https://ncc-1776.org/tle2019/tle1019-20190505-05.html. The analysis has been sullied; it has never been discredited.

The Treasury security auction accounts are exclusively controlled by the FRBNY and handle more than $11 trillion annually. The accounts have never been audited and are a proper subject for public review using FOIA. [The cited CRS report broadens the meaning of audit to imply two reviews of FRBNY’s security procedures are audits.] TreasuryDirect identifies the apparent commingling of government funds with private funds. The destination of new cash is not disclosed.

Benjamin Ginsberg in FATAL EMBRACE reminds readers of historic similar related banking systems resulted in repeated economic exploitation, societal collapse, and civil disruption in medieval Europe. John Perkins [CONFESSIONS OF AN ECONOMIC HIT MAN], Douglas Valentine [CIA AS ORGANIZED CRIME] and others have identified covert Wall Street actions as the origin of world-wide chaos and subjugation. The use of these funds for world domination and national chaos, which is occasionally projected war mongering  to include the United States, has been documented by William Blum, Greg Palast, Michel Chossudovsky and many others. Pathological Wall Street  using the CIA, US military, the IMF, and the WB to impose economic control or for destruction of industrial rivals is standard procedure. https://thedailycoin.org/2019/07/25/war-mongering-brought-to-you-by-wall-street/; WHENSE THE DEEP STATE ?, https://ncc-1776.org/tle2019/tle1050-20191208-10.html .

Potential national financial chaos resulting from the US economic instability is mentioned in current US headlines. How the TBTF banks can utilize the existing legal structure to collect on the $22 trillion (and growing) national debt is theorized at https://ppjg.me/2019/11/18/scenario-of-national-bankruptcy/. The resultant social chaos would be similar to that found in Greece and Argentina, and could involve seizure of demand deposits and pensions, slashing of wages, confiscation of national assets, etc. Wall Street representatives’ testimony before congress has confirmed destruction of government sovereignty does not hamper their collection of alleged national debt. Apparently the fly [US citizen] on the spider web is enjoying the view but has not visualized the next meal.

Is this concern a proper cause for FOIA action to preserve the government from total Wall Street domination?

Note: This writing is not copyrighted. Feel free to distribute.

WikiLeaks Tweets Army Manual Detailing How US Weaponized Banking Cartel to Take Down Nations

Leave a comment

 

(MPN) — In a leaked military manual on “unconventional warfare” recently highlighted by WikiLeaks, the U.S. Army states that major global financial institutions — such as the World Bank, International Monetary Fund (IMF), and the Organization for Economic Cooperation and Development (OECD) — are used as unconventional, financial “weapons in times of conflict up to and including large-scale general war,” as well as in leveraging “the policies and cooperation of state governments.”

The document, officially titled “Field Manual (FM) 3-05.130, Army Special Operations Forces Unconventional Warfare” and originally written in September 2008, was recently highlighted by WikiLeaks on Twitter in light of recent events in Venezuela as well as the years-long, U.S.-led economic siege of that country through sanctions and other means of economic warfare. Though the document has generated new interest in recent days, it had originally been released by WikiLeaks in December 2008 and has been described as the military’s “regime change handbook.”

WikiLeaks’ recent tweets on the subject drew attention to a single section of the 248-page-long document, titled “Financial Instrument of U.S. National Power and Unconventional Warfare.” This section in particular notes that the U.S. government applies “unilateral and indirect financial power through persuasive influence to international and domestic financial institutions regarding availability and terms of loans, grants, or other financial assistance to foreign state and nonstate actors,” and specifically names the World Bank, IMF and The Organisation for Economic Co-operation and Development (OECD), as well as the Bank for International Settlements (BIS), as “U.S. diplomatic-financial venues to accomplish” such goals.

READ MORE HERE

Social Security is NOT an Entitlement and it is NOT Welfare

Leave a comment

President Johnson made the Social Security Trust Fund available to the general treasury to fund the war in Viet Nam.  Every president since then has used SS as a political ATM.  There is NO TRUST FUND!  It exists only as an identified revenue stream in the IMF/World Bank. The feds have stolen 3.7 trillion from SS in surplus funds and used those funds for everything and anything and this has been done by Democrats as well as Republicans.

 

Greece Says “NO MORE” to Austerity and Their Global Loan Shark Predators are Pouting About it

Leave a comment

Duty to Warn

new-logo25kohls Gary G. Kohls, MD

 

 

Predatory lenders “work to bankrupt the countries that received those loans so that they would be forever beholden to their creditors, and so they would be easy targets when we needed favors, including military bases, UN votes, or access to oil and other natural resources.” – John Perkins, author of “Confessions of an Economic Hit Man”

____________________________________________

I’ve been on the side of underdogs ever since I heard the biblical story about little David and the giant Goliath. My support for underdogs was strengthened during my childhood when I found myself always cheering for whichever baseball team was playing against the powerful New York Yankees in the World Series (usually the Dodgers) during the era when thepredaaots Yankees dominated major league baseball. And when I first read Lord Acton’s famous aphorism, something resonated with me. Acton said: “Power corrupts and absolute power corrupts absolutely.” To me the saying wasn’t just about brutes, bullies, dictators, the “divine right of kings”, drill sergeants, tyrannical politicians or fascist military’s.

To me, Acton was talking about every kind of dominative power one could think of (as opposed to the non-dominative power of love, mercy, forgiveness and compassion), which would include economic, corporate, racial, religious, and sexual powers that are wielded by therapists, exploiters and assorted tyrants of this world, goliaths who invariably use their often illegitimately-acquired power to oppress those who are unable to defend themselves.

That is why I have opposed violent military power like the United States Pentagon and CIA wields. That is why I think that true patriots should be working hard to overturn Citizens United and why I am heartened by the courageous truth-telling of presidential candidate upstarts like the Green Party’s Dr Jill Stein and the Democratic Socialist presidential candidate Bernie Sanders, both of whom are willing to raise issues that threaten the powerful and the entrenched powers-that-be.

Why Real World Citizens Should be Rooting for Greece

So I suppose it was only natural for me to be cheering for Greece’s courageous little anti-fascist Syriza Party when it said no to more of the austerity that has been inflicted against little Greece by powerful Germany, the giant (Frankfurt-based) European Central Bank, the International Monetary Fund (IMF) and various other predatory investors (including hedge funds) various investor class factions have been furiously and incestuously bailing each other out with nothing in the negotiations for the people in the streets.

Over the last 6 years the real issues that have created the Greek Debt Crisis have been intentionally mis-characterized by the super-wealthy oligarchy that owns and controls most of the Greek media outlets (both the issues and the media are very similar to what has been happening in Greece). But last weekend the crisis finally came to a head when a truly democratic referendum, called by the left-wing, mainly anti-fascist coalition parties, resulted in an landslide rejection (61%) against further austerity for the little people.

It is easy to understand why right-wingers, corporatists, militarists, fascists, monarchists and the greedy 1% try so hard to undermine democracy and discourage voting. When there are honest referendums, honest elections, honest voter registration, honest vote-counting and honest political campaigns, the wealthy few can’t out-vote their victims, especially when the 99% finally stop voting against their self-interest.

That is why militarists, colonialists, slave-holders, racists, segregationists and greedy capitalists prefer fascist governments (or a monarchy) over true democracy. Fascists are better at suppressing uncertainty and unrest, and investors abhor uncertainty and unrest.

The Tax-evading Greek Corporations are a Large Part of the Debt Crisis, as it is in America

Very little media attention in America has been given to the notoriously tax-evading giant corporations and the parasites among Greece’s 1% who prefer that the middle and lower classes pay more than their fair share of taxes. It should come as no surprise to understand that the filthy rich are the ones who own the media outlets in both countries. The ugly propaganda and lies from right-wing pro-corporate Greek media outlets this past week put even Fox News to shame.

More

Money Laundering A Hypothetical Guide Part 1: The Basics

1 Comment

Minute MBA by OnlineMBA.com PRO

From entrepreneurship to the Federal Reserve, even a ‘how-to’ guide on money laundering (hypothetical, of course), Minute MBA is here to enhance the knowledge of our audience, through visual experiences that are memorable and life-changing. However, we do not condone money laundering, because that’s bad.

The International Monetary Fund estimates that up to 5 percent of the world’s gross domestic product is laundered every year. Check out this video to learn how you can get in on some of that action.

H.R. 6249: The scheme to tax water

16 Comments

Marti Oakley     © Copyright 2012     All Rights Reserved

_______________________________________________________________________

H.R.6249 is the latest tax scheme to surface in the District of Criminals.

As if we are not taxed to the max now on every conceivable thing that we do, Rep. Blumenauer of Oregon has come up with a new scheme to tax water. Why not? They tax the air we breath, the land we live on, the products we buy, our wages and everything else that comprises our lives……why not an inflated and phony tax on water? That could be worth kabillions in new revenue that could be blown on everything from supporting illegal immigration and gun running, to starting more wars!

Having been unsuccessful in their efforts to redefine “navigable waters” to the more globalist friendly “waters of America”, an all-encompassing term which would have wrenched existing water rights of individuals out by the roots, congress is back with another plan for water grabbing. Rep. Blumenauer has come up with a really sweet plan for taxing the sale, use, manufacture of water based products, disposal of water based product containers and of course waste water management.  this bill, if passed, would open the door to metering of private wells on private property or to massive assaults by the EPA as they trespass on private property to force implementation of another round of their Agenda 21 based, property theft codes.

This brand new system of taxes is to be shouldered by the public and funneled into another dedicated revenue stream collected by the International Monetary Fund (IMF). The IMF is the same entity which replaced our independent treasury in 1913.

Once in the IMF account for the US, the co-mingling of funds runs non-stop. Money is raided from every conceivable source including every single “trust fund” the federal government has created a tax for, and then uses those dedicated funds for any thing and everything except the purpose for which they were collected.

Water protection and re-investment tax scheme
 SEC. 101. ESTABLISHMENT AND FUNDING OF WATER PROTECTION AND REINVESTMENT TRUST FUND.

(a) Water Protection and Reinvestment Trust Fund-

(1) IN GENERAL- Subchapter A of chapter 98 of the Internal Revenue Code of 1986 (relating to establishment of trust funds) is amended by adding at the end the following new section:

‘SEC. 9512. WATER PROTECTION AND REINVESTMENT TRUST FUND.‘(a) Creation of Trust Fund- There is established in the Treasury of the United States a trust fund to be known as the ‘Water Protection and Reinvestment Trust Fund’, consisting of such amounts as may be appropriated or credited to such fund as provided in this section or section 9602(b).

‘(b) Transfers to Trust Fund- There are hereby appropriated to the Water Protection and Reinvestment Trust Fund amounts equivalent to the taxes received in the Treasury before January 1, 2019, under section 4171 (relating to taxes relating to water).

‘(c) Expenditures- Amounts in the Water Protection and Reinvestment Trust Fund shall be available to the Administrator of the Environmental Protection Agency, without further appropriation, only for purposes of investments in clean water infrastructure in accordance with the Water Protection and Reinvestment Act of 2012.’.

The idea that some small fraction of what would actually be collected under this new tax scheme would be handed over to the EPA, should have everyone pulling their hair out. More

Social Security: The efforts to demonize this invested insurance

5 Comments

Marti Oakley (c)copyright 2011 All Rights Reserved


_____________________________________________

It appears that some of our so-called grassroots advocates have jumped ship and now routinely parrot government talking points, helping to drive public opinion away from actual facts and towards what the government is desperate to have the public believe. This is quite evident in the recent article put out J.D. Heyes of Natural News regarding the condition of Social Security and Social Security Disability. Big government gone wild: Social Security on the verge of insolvency

Its hard to know where to start in highlighting the evident misrepresentation of the condition of Social Security (& disability) that occurs in this article. More

Older Entries

%d bloggers like this: