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FEDERAL RESERVE TRANSPARENCY

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OldeReb

proliberty@fairpoint.net

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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.

OPEN LETTER TO CONGRESS

2 Comments

J.Q. Public
freedom@Qmail.nix

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Dear Congresscritter,

The impeachment farce in Congress is the same modus operandi that has been used by Wall Street to create civil dissension and establish puppet governments with tyrannical control worldwide for decades. Can we prevent such an occurrence in the United States ?

Wall Street created the CIA in 1946 using their crony Allen Dulles to hide their nefarious war-mongering, such as getting the US involved in WW I and WW II, under a guise of “national security.” Then the CIA used that cover to thwart President Eisenhower’s attempt for Peace talks with Khrushchev by sabotaging their own U-2 flight. Then they sabotaged their own invasion of Cuba in a failed attempt to commit the U.S to all-out war with Cuba [Dulles countermanded JFK’s order]. Then they labeled JFK a traitor when they discovered his secret back-channel peace talks with Moscow (along with JFK’s attack on the Federal Reserve). Mark Lane, John Groden, and Mark North claim the CIA killed JFK. Then they successfully impeached (with bogus CIA corrupted evidence and MSM hype) RMN after he closed the CIA school to teach Tibetans to invade China, and then RMN destroyed the CIA’s straw enemy by opening trade with China in addition to his Midnight Massacre of 1700 CIA agents. Then they schemed to prevent the reelection of JEC [OCTOBER SURPRISE] after he torpedoed a nuclear powered aircraft carrier and his Halloween Massacre of 700 CIA agents. “Conspiracy theorists” conclude 1000 architects and engineers, and Rebekah Roth, present a scenario that appears impossible without the CIA and US military involvement on 9/11. Then the CIA lied to create war in Iraq, Afghanistan, Syria, among many other coups by Wall Street, behind cutouts, as indicated by John Perkins.

Wall Street bankers have initiated and utilized the military to engage in perpetual warfare by lies and deception for their economic profit since 1915. This continuity of influence and control over government policy is now evidenced in the Ukraine and is leading the impeachment fraud against the President after his attempts to avoid nuclear hostility with a super Power. Wall Street cannot tolerate peace.

What action can be taken to discontinue the madness of these psychopathic homicidal megalomaniacs? Well, may I respectfully suggest WHENSE THE DEEP STATE may be one consideration. Ref https://ncc-1776.org/tle2019/tle1050-20191208-10.html

J.Q. Public
freedom@Qmail.nix

Ref. https://ppjg.me/2019/11/18/the-federal-reserve-a-different-view/
How can Fed be used to foreclose on the $22 trillion National Debt for the benefit of Wall Street?
Ref. https://ppjg.me/2019/11/18/scenario-of-national-bankruptcy/.

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