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NEW
YORK: The United States was dragged kicking and screaming like a spoilt
child in overdue need of a diaper change into the Basel-II compliance
mode with effect from 12.01 am on Monday 14th April, as expected. US
institutions now have 100 days
to reorder their affairs to comply in all respects with the Basel-II
requirements, as agreed within the international financial community.
This
represents a massive defeat for the two-headed Luciferian Government of
the United States led by the criminal operatives President George W.
Bush Jr. and his 'Himmler' character, Vice President Richard B. Cheney,
and their cynical criminalist Clinton 'Box Gang' co-conspirators.
The
development also slaps down the arrogance of the criminal financial
enterprises, both in the United States and elsewhere (but it has to be
said, mainly in the United States) which have been playing fast and
loose with the Rule of Law, stealing other people's money and generally
behaving as though they were above the law and could do as they please
ad infinitum.
Observe the drawn,
unsmiling features of the current Governor of the Bank of
England
to gauge just how painful 'going straight' is turning out to be, and
note how very tactfully the Editor selects a British institution here
in order to make this point.
Funding is proceeding from Hong Kong via Wells Fargo to Citibank, Bank
of New York Mellon, Bank of America and Wachovia. Expect a sudden wave of
'the worst is over for the big banks' stories in the 'mainstream' media,
to be followed down the pike with egregious 'Bush Miracle' updates in
the more sycophantic elements of the Fourth Estate, praising the steady
nerves, brilliant tactics and unbendable resolve of 'Our Great Leader'
with all residual expletives expunged from the record.
Arrangements
for payment to the 'country representatives' are believed to have been
completed although the precise details, naturally, are not known with
precision in the public domain. Funds are reported to be being taken
inter alia in the format of US Treasury instruments. If this is so, we
suspect that the maturities of these instruments will be/are at least
20 years, and probably 30 years.
Ironically, US Treasury securities
are actually 'a better deal' than cash in the bank, which can be
sequestrated if the bank in question goes under (whereas of course
funds in a securities account do not form part of the assets of the
broker/dealer in the United States, as previously analysed). The United States is
completely bust
and the US Treasury is the most powerful institution in the United
States: yet US Treasury securities represent the most valuable asset
obtainable!
Information
about 'the packages' and the Omega payments etc. currently in
circulation may lack an appreciation of how they may fit into the
broader overall picture as it has evolved.
Concerning the
grounding of American Airlines planes last week, note the important
fact that the HQ of AA is Dallas, Texas.
The Editor believes that the planes were grounded in the context of
suspicions that one or more 'devices' may have been planted on AA
aircraft. In this context we further believe that the 'Iran noise' was
intended to have been the 'cover' for a grotesque 'inside job'
atrocity that has been aborted. The Editor does not expect the
attack on Iran to proceed.
All of which should be reviewed in the context of the settlements that
are proceeding.
The reference on another website to the Wanta tax
being paid is believed to refer to the fact that the tax amount is
reserved in a tax account, no more and no less. The relevant funds in
any case are Treasury Direct, so such allusions are of little
significance in the context of the much broader issues, which can be
summarised as follows:
• The global settlements ARE IN PROCESS,
following not least the conference call among bankers which started last Thursday
and continued right through the weekend. In our previous report, we
suggested the need for such a conference call, unaware that precisely
such a conference call was actually taking place.
As indicated above, it is understood that the 'countries'
are being paid.
• The wayward, decadent, duplicitous
financial behaviour of the United States has been exposed and is now
hostage to the furious
international community.
Scope for further illegallities has been severely truncated, although
in the Editor's opinion nothing short of a sinking fund into which the
proceeds of on-the-books high-yield trading operations are paid, can
possibly address the colossal magnitude of the underlying crisis
associated with the
derivatives overhang, which may aggregate something close to
$750 trillion, according to the estimates of our best sources.
•
There is a sense, evident both in the United States and
internationally, that there is no way that the key perpetrators of
these financial scams can be allowed to get away with their crimes.
Some days ago a CIA operative walked into our London office without an
appointment. The Editor asked him inter alia whether 'they're going to
get away with it'. He hesitated for quite a long time before answering
the question, and then diffidently suggested that 'they are'.
However
this view diverges from the best information available to this Editor,
which holds that the levels of official anger now exceed anything
monitored previously and that there is essentially a collective DEMAND
that these crooks are brought to justice, whatever format that may take.
•
At the recently concluded Spring Meeting of the International Monetary
Fund/World Bank Group, Dominique Strauss-Kahn, the Fund's new Managing
Director, made a special point of stressing to the international press,
which included the Editor of this service, that the world now faces a
very rapid increase in rates of inflation.
What he refrained from explaining was why this is a certainty.
It
is a certainty because (a) the refinancing operations which should have
been kick-started nearly two years ago were frustrated because Bush Sr.
and Jr., Paulson, Cheney and the other inveterate highest-level crooks
chose to perpetuate their secret financial thievery and scamming
operations, as exposed by this service in the series of analyses that
concluded with our filing dated the 18th March 2008;
and
(b) the scamming and endless off-balance sheet hypothecation operations
went on far longer than could ever be consistent with medium-term
global financial stability.
Old-style, corrupt off-balance sheet operations cannot currently be
undertaken.
The
exposures of open-ended official financial criminality have been a key
factor in bringing this scandalous state of affairs, and its enforced
resolution under duress, to a head; but
the downside is that inflationary pressures that COULD have been
avoided will now erupt on a far larger scale than would otherwise have
been the case. Payment in the format of US Treasury securities,
to the extent that this is implemented, will obviously have the effect
of 'spacing out' the massive increase in the money supply that is
having to be brought on-balance sheet 'as we speak', thus containing
huge consequent inflationary pressures: but the unprecedented scale of
this global refinancing guarantees much higher inflation numbers
worldwide in the months and years ahead.
The US dollar is
actually being 'refloated', for the fifth time. This operation should
have occurred two years ago, but was delayed by the notorious US
corruption ops. exposed by this website.
In this context, the
US Statutes of which the criminal perpetrators and the co-conspiring
financial institutions are and have been in breach .........
include but are not confined to the following:
• Annunzio-Wylie Anti-Money Laundering Act • Anti-Drug Abuse Act • Applicable international money
laundering restrictions • Bank Secrecy Act • Conspiracy to commit and cover up
murder. • Crimes, General Provisions, Accessory
After the Fact [Title 18, USC] • Currency and Foreign Transactions
Reporting Act • Economic Espionage Act • Hobbs Act • Imparting or Conveying False Information
[Title 18, USC] • Maloney Act • Misprision of Felony [Title 18, USC] (1) • Money-Laundering Control Act • Money-Laundering Suppression Act • Organized Crime Control Act of 1970 •
Perpetration of repeated egregious felonies by State and Federal public
employees and their Departments and agencies, which are co-responsible
with the said employees for ONGOING illegal and criminal actions, to
sustain fraudulent operations and crimes in order to cover up criminal
activities and High Crimes and Misdemeanours by present and former
holders of high office under the United States • Provisions pertaining to private
business transactions being protected under both private and criminal
penalties [H.R. 3723] • Provisions prohibiting the bribing of
foreign officials [F.I.S.A.] • Racketeer Influenced and Corrupt
Organizations Act [R.I.C.O.] • Securities Act 1933 • Securities Act 1934 • Terrorism Prevention Act • Treason legislation, especially in time
of war
The US securities regulations which have been and continue to be
flouted wholesale include:
• NASD Rule 3120, et al. • NASD Rule 2330, et al • NASD Conduct Rules 2110 and 3040 • NASD Conduct Rules 2110 and IM-2110-1 • NASD Conduct Rules 2110 and SEC Rule
15c3-1 • NASD Conduct Rules 2110 and 3110 • SEC Rules 17a-3 and 17a-4 • NASD Conduct Rules 2110 and Procedural
Rule 8210 • NASD Conduct Rules 2110 and 2330 and
IM-2330 • NASD Conduct Rules 2110 and IM-2110-5 • NASD Systems and Programme Rules 6950
through 6957 • 97-13 Bank Secrecy Act, Recordkeeping
Rule for funds transfers and transmittals of funds, et al.
Our
promised report exposing the folly and fallacies of the 'Paulson'
proposals unveiled some days ago, which fly in the face of the Basel-II
environment of regulatory stringency, and which are now actually 'going
nowhere',
.......... is in preparation and will be published in the
forthcoming huge double issue of International
Currency Review [Volume 33, Numbers 3 and 4].
The report will cover this subject in some detail, and will make
concrete suggestions.
In
this connection, the Editor has a file of enquiries for this large
issue, and will be communicating with all who have reserved a copy or
copies, as soon as production is well enough advanced and we know how
many orders we have, so that we can set the price. The issue is
currently on machine but will take the rest of April to print.
Offically announces intent to dump one point four TRILLION in
U.S. Cash!
This
is "it" folks. This will collapse our currency to complete
worthlessness, will completely destroy our stock markets, banking and
financial systems, utterly destroy our ability to use "Dollars" to buy
ANY foreign-made goods from ANY country (OIL!!!).
Within hours
of the announcement, the dollar fell to record lows relative to other
currencies -- the lowest ever against the euro, the lowest in a
generation against the British pound, and the lowest in 57 years
against the Canadian dollar.
Story developing fast, check back later for updates!!!
THE HAL TURNER SHOW HAS LEARNED THAT TWO MAJOR
U.S. BANKS HAVE "FROZEN" ALL THEIR "LINE OF CREDIT" ACCOUNTS
CUSTOMERS MAY NOT BE ABLE TO USE THOSE LINES OF
CREDIT ANYMORE. . . .
This
is ominous because it is clear evidence that both Banks may no longer
have enough resources to meet their customer credit needs. These two
major banks may be COLLAPSING.
The information I received indicates that Bank of America and
Wachovia are the two banks which took this action.
++++++++++++++++++++++++++++++++++++++++
++++++++++++++++++++++++++++++++++++++++
from FW10:
...
Keystone Cops 9/11:
Fifteen -- Views Of The ST Fake Flight 175 Engine
Jon Carlson
((Statement of Lt. Col. Shelton F. Lankford, US
Marine Corps (ret)
9/11 was a Keystone Cops mass
murder of Americans where everything went wrong while cameras galore
were rolling. 9/11
Prime Suspects
used Boeing 737 drones with napalm bombs attached to create Hollywood
Spectaculars at the South and North Towers. The 9/11 article,
Keystone Cops 9/11: Is She Or
Ain't She A Napalm Bomb?
made
an open and shut case that one of the napalm bombs exited the South
Tower before exploding in an enormous flaming cloud AND only a small
component of the flaming clouds at the WTC were fueled by aviation jet
fuel.
The 9/11 article,
Keystone Cops 9/11: Hell Has
No Fury Like A Napalm Bomb
showed
the South Tower Napalm crematory of live victims in the most heinous
crime possible in this life, suspected to be compliments of the Bush
Administration, the CIA, and the US Navy.
This photo depicts the route
of a Boeing 737 engine that flew clean through the South Tower and
landed on a car at Church Street and Murray Street. HOWEVER the US
media claimed Flight UA175 was a Boeing 767!
(...)
The
engine survived the controlled demolitions that brought down a flock of
WTC buildings without the Communistic New York Times making a peep.
America is still waiting for the FBI to come clean and tell where that
engine is today and its link to the Boeing 737 drones that hit the
Towers. Ditto for the
A3 Skywarrior drone engine
that hit the Pentagon wall and dropped to the ground with no
penetration. The US Media and CIA websites claimed that aircraft was a
Flight AA77 Boeing 757 and that it went through 3 rings of the Pentagon.
Of
course, DON'T MISS more 9/11 photos and
analysis:
You can view parts 2-9 on the same website listed above.
******
The
first video set ("UFO, the greatest story even denied", 1 to 9) is a
MUST SEE. Please watch this video - I've seen it before when it
just
came out and this time around it's helped me through a VERY rough time
in my life. It's not some new age fluffy stuff that just makes
you
feel good without any other content - it's a hard hitting UFO reality
check with fantastic first hand credible witness testimony (BIG names
too) a great impact and conclusion - so share this stuff with EVERYONE
you know right now while it's there.