Wed, 07 Nov 2012 15:11 UTC
Wed, 07 Nov 2012 15:11 UTC
You might remember Jim Willie as the man who said 40,000 tons of gold allocated in customer accounts had been stolen. We know that NATO also stole 144 toms of Libyan gold and 98 billion dollars in cash and securities. Now Germany and the Netherlands have been asking the Federal Reserve and the Bank of England if their gold is still there.
But we are now entering a whole new era of extreme fraud where the amounts involved have become staggering. The total Gross Domestic Product of the world is a mere 50 trillion dollars. The total level of fraud is even greater than that. That means that the bankers are going to steal everything and leave you with nothing if your assets are either pieces of paper or credit entries in a computer.
The Spire law group filed a civil action alleging racketeering and money laundering against more than 1,400 bankers, government officials and other criminals seeking the return of 43 trillion dollars to the Treasury. If the lawsuit is not thrown out of court, the Discovery process will be hilarious. But most observers do not see Goldman Sachs, JP Morgan and the Federal Reserve opening their books.
The next scandal totals up to 36.5 trillion dollars and involves both Mortgage Backed Securities and Hurricane Sandy. In the old days people used to have a clear title to their home registered at their county courthouse. If a mortgage holder sued, he would have to go though a legal process to deprive you of your property. But the bankers created the Mortgage Backed Securities System in 1995 which now records about 2/3rds of all mortgages in the US. If your home mortgage has an 18 digit MERS number, you might be in trouble. More than one law firm has engaged in robosigning fraudulent foreclosures. In one case a homeowner who never had a home mortgage was foreclosed and lost his house. One robosigning notary firm in Florida for $95 would print out and machine sign a mortgage note against your house. In this particular case the man recovered his home on appeal. The state of Nevada stopped these robosigning cases by passing a law guaranteeing jail time for lawyers and bankers who filed fraudulent papers to claim a home that did not belong to them. That did stop the fraud. But the current administration settled 50 individual state claims filed against the bankers for less than 1/10th of 1% of the 6.3 trillion dollars in MBS frauds that Ben Bernanke had to buy back to keep the bankers out of jail.
We had already reached a point where people who had just taken out mortgages lost their homes in a lawsuit to someone who proved they had the real title. The situation has grown exponentially worse since Hurricane Sandy.
The vault of the Depository Trust & Clearing Corporation DTCC at 55 Water street in Manhattan was flooded. Inside the vault was 36.5 trillion dollars in securities from the US and 122 other countries. In 2011 DTCC settled the clearance of almost all securities transactions in the US totaling 1.7 quadrillion dollars. Was the only physical copy of your investment just destroyed? This is a list from Wikipedia of the types of certificates that DTCC handled and were just flooded out: Stocks, corporate and municipal bonds, unit investment trusts, government and mortgage backed securities, money market instruments, and over-the-counter derivatives. It also manages transactions between mutual funds and insurance carriers and their respective investors.
Hold on to your wallet. There is even more and bigger fraud coming your way very, very soon. I do not care if a few hundred trillion dollars in claims for Credit Default Swaps are nor paid out. Nobody has that much money anyway. Just cancel all the CDS that guaranteed all of those bonds in Europe and for the returns on US Treasurys. However, you might want to take a look ar the video entitled Virtual 911 below. The only proof you have that you own a stock or have money in a bank is an entry in a computer owned and operated by known criminals.
Enter the sons of Stuxnet. The Stuxnet computer virus was created by the US and Israel to attack Iran's nuclear power plant. Stuxnet was targeted at Siemens corporation controllers. It was found to somehow spread all the way to Japan where some have accused an Israeli security firm of loading the virus into the controllers at nuclear power plants prior to Fukushima. Flame and other viruses were also created by the CIA and Israel. Senator Joseph Lieberman and spokesmen inside the Obama administration have repeatedly accused Iran of attacking American computers with Denial of Service and DNS attacks. If you do not know what these are, you can call anyone who has an Internet radio network opposed to the NATO invasions of Libya and Syria and have denounced Israel for doing 911 what they are. It is preposterous to claim that Iran is attacking US banks, The Iranian President has said his country will be free from an unprovoked attack as soon as America's debts collapse the economy making the US incapable of bombing Iran. Iran does not need a computer virus to sink the US banks. The US is engaged in such massive fraud that investors might soon pull their money from American stock and bond markets as well as theor banks.
The only persons who would benefit from loading American banks and brokerage houses with computer viruses would be Israel and Wall Street. There are probably a lot of bankers in the City of London who would also love to catch that same computer virus. In France during the recent bank runs bankers pulled the plug on their computers. Then they told their customers they could not get access to their money today.
The DTCC has been experiencing hundreds of millions of dollars in failures to deliver transactions. An investor who shorts stock is supposed to borrow someone else's shares at his brokerage. If he sells short without borrowing your stocks, then he can just pocket the money if he knew on what day that nasty virus wiped out all bank and brokerage records.
A virus could conveniently wipe out all bank and brokerage records. It would eliminate all lawsuits. Of course all of your money would belong to the bankers. Your only recourse would be tar and feathers and asset seizure. But that is why the bankers have passed the Patriot Act, the John Warner Defense Authorization Act of 2007 and the NDAA. That is why they bought 1.6 billion 40 caliber hollow point rounds, 30,000 drones and set up 805 FEMA and National Guard camps. That is why they created the Department of Homeland Security and the TSA. That is why DHS hired more than 200,000 contractors. That is why they created InfraGard which gives private corporations the right to kill you if they imagine you pose a threat. That is why they created 72 Threat Fusion Centers to get control of local police. That is why their courts have legalized torture by calling it pain compliance. And hat is why they have been blowing up buildings with Americans inside sine 1993.
I should point out that after this video below was made the Israeli Army and the Mossad had finally convinced the Israeli cabinet that it would be suicidal to attack Iran. They did say that Iran could be attacked as part of World War III. Yes, World War III. There is no limit to the insanity of Israeli politicians. I have written about the futility of an Israeli attack on Iran. It just gets worse every day for Israel. Iran keeps adding faster missiles to their arsenal. They are now building their own S-300 air defense system, They already have the Chinese HQ 9 which incorporated American and Israeli technology. The only attack that could work would be a nuclear first strike against Iran, Syria, Lebanon and Pakistan. But no American military officer would go for it so I see WW III as less likely than Israel and rogue elements in the CIA releasing advanced bio-weapons viruses to kill off 90% of all human beings.
I do think the possibility of the CIA and the Mossad joining forces to wipe out all brokerage and bank records is substantial.