United States of America – Tonight we bring you the Wayne
Madsen Reports on Barack Obama and his White House legal counsel Greg
Craig, both of whom are operating together to pursue the interests of
the Bush-Clinton Crime Family Syndicate.
Obama has been well scripted to be what he is today: a front man,
a con man and puppet whose mission is to take the fall for the bad U.S.
economy, which will help the New World Order cabal rehabilitate the
Bush Crime Family.
Stay tuned for our next intelligence briefing, which will include
an update on the status of the Wanta-Reagan-Mitterrand Protocols,
including the death threats that Ambassador Leo Wanta has been
receiving for the past three days,
the status of the AIG-Citibank-Federal Reserve Ponzi Scheme,
the patriotic U.S. Military’s outrage directed against the
TREASONOUS criminal Federal Reserve, and the link between the Bernard
Madoff Ponzi Scheme and Sir R. Allen Stanford Ponzi Scheme.
Note: Remember, folks, the U.S. economy can easily be saved if
President Obama would just nationalize the banks on a temporary basis,
bring the toxic derivatives out of these banks and put them in
Bankruptcy Court where the shareholders of the banks could then sue the
crooked banks and retrieve their investments forthright.
Believe me, folks, this would immediately trigger a massive
repatriation of U.S. Treasury funds from the secret offshore
proprietary accounts that hold TRILLIONS of dollars of STOLEN U.S.
Of course, this would also mean the end of the Bush-Clinton Crime
As of today, Obama and Federal Reserve Chairman Bernanke are
dancing around this.
Could it be the KHAZARIAN Jew dominated Federal Reserve and
its media enablers are afraid the American People will find out that
both the U.S. Treasury and the Federal Reserve ILLEGALLY insured the
bogus credit swap derivatives
that have bankrupted both AIG and Citibank, as well as Bank of
Well you see, folks, you just found out the truth anyway by reading the
When the Federal Reserve gives free money to both Citibank and AIG
that, folks, is called a criminal Ponzi Scheme aka a major
conflict of interest.
Just a final observation by the author of this intelligence briefing:
What could really turn the U.S. economy around is the
brilliant plan of former Vice President, now duly elected year 2000
President Albert Gore Jr. to create a whole new “green” economy and
eliminate our dependence on foreign oil by placing an excise tax on
gasoline and offsetting that consumer cost by eliminating the entire
salary payroll tax altogether.
That way the average American could keep most of the money
earns and revitalize the economy by investing in more efficient
non-petroleum based transportation.
Then again, Al Gore is a Democrat and a great American, not a
socialist like Obama.
Al Gore, of course, was never a member of the Central
Intelligence Agency (CIA) either, as was Bush, Clinton and now Obama.
SPECIAL REPORT. Barack Obama's post-graduate CIA employment.
After graduating from Columbia University in 1983, Barack Obama
went to work for a firm called Business International Corporation
(BIC), a firm that was linked to economic intelligence gathering for
the CIA. For one year, Obama worked as a researcher in BIC's financial
services division where he wrote for two BIC publications, Financing
Foreign Operations and Business International Money Report, a weekly
An informed source has told WMR that Obama's tuition debt at
Columbia was paid off by BIC.
In addition, WMR has learned that when Obama lived in
with his mother and his adoptive father Lolo Soetoro, the 20-year-old
Obama, who was known as "Barry Soetoro," traveled to Pakistan in 1981
and was hosted by the family of Muhammadmian Soomro, a Pakistani Sindhi
who became acting President of Pakistan after the resignation of
General Pervez Musharraf on August 18, 2008. WMR was told that the
Obama/Soetoro trip to Pakistan, ostensibly to go "partridge hunting"
with the Soomros,
related to unknown CIA business.
The covert CIA program to
assist the Afghan mujaheddin was already well underway at the time and
Pakistan was the major base of operations for the CIA's support. Obama
also reportedly traveled to India, again, on unknown business for U.S.
WMR has been told by knowledgeable sources that Obama has,
past, traveled on at least three passports: U.S., Indonesian, and
BIC also maintained a European subsidiary, Business International
S.A., in Geneva. BIC had long been associated with CIA activities since
being founded by Eldridge Haynes, a self-professed liberal Democrat.
The BIC headquarters was located at the prestigious address of 1 Dag
Hammarskjold Plaza in Manhattan. BIC held a series of off-the-record,
no press, meetings between top U.S. business executives and top
government officials, including the President, and the Secretaries of
State, Defense, Treasury, Commerce, and Labor; the Attorney General,
Senate leadership, and the heads of the Export-Import Bank and the
Inter-American Development Bank.
BIC held international meetings in locations like Brussels
and Mexico City.
In 1961, a BIC meeting in New Delhi was attended by Indian Prime
Minister Jawaharlal Nehru and Foreign Minister Morarji Desai, who would
later become Prime Minister.
One month after Leonid Brezhnev, other Soviet Communist Party
officials, and KGB chief
Vladimir Seminchastny conspired to overthrow Soviet Communist Party
General Secretary and Premier Nikita Khruschchev,
Haynes was in Moscow in November 1964 sponsoring a business
conference between Khrushchev's successor as Premier, Aleksei Kosygin,
and top U.S. businessmen.
In the years following the conference, Haynes often crafted
together other U.S.-Soviet business meetings and became close to
Kosygin. In November 1971, Haynes put together another U.S.
businessmans' conference with Kosygin at which Commerce Secretary
Maurice Stans was in attendance as President Richard Nixon's personal
The president of BIC at the time was Orville Freeman,
a former secretary of agriculture during the Kennedy and Johnson
administrations. Joining Freeman in Moscow were officials of DuPont,
IBM, General Electric, Union Carbide, and Westinghouse.
The Moscow meeting also dealt with the opening up of Soviet
natural gas supplies to the United States. Haynes resigned as chairman
of BIC in 1970 and retired to St. Croix. He remained as chairman until
his death of 1976
. In St. Croix, Haynes started the Virgin Islands Economic
Development Bank. During the time Obama worked for BIC in 1984, the
firm had a full-time analyst tracking events in Nicaragua.
The Reagan administration's Iran-contra covert operations would
begin in a matter of months from the time Obama went to work for the
firm. BIC appeared to have had established business connections with
Nicaragua's Sandinista government in order to protect U.S. banking and
other business investments in the country.A business card for a BIC
researcher for Europe and the Middle East was obtained by WMR from
declassified CIA files.
In 1985, BIC named John Haley as chairman and chief executive
officer succeeding Hugh Parker, who was Obama's ultimate boss in 1984.
Haley had previously served as deputy chairman of Kissinger Associates,
Inc. founded by former Secretary of State Henry Kissinger. Although
Kissinger endorsed Obama's GOP opponent John McCain in the 2008
election, Obama sought advice from Kissinger during the campaign and
later named Kissinger as his special envoy to talk to Russian Prime
Minister Vladimir Putin.
BIC's connections to the CIA were revealed by Haynes' son,
Elliott Haynes, who co-founded BIC with his father. Elliott Haynes was
quoted in a December 27, 1977, New York Times article, as saying that
BIC "provided cover for four CIA employees in various countries between
1955 and 1960."
The same article revealed that the CIA had one agent devoted to
liaison with the press who worked out of the CIA's Manhattan office.A
BIC Business Executives Report from 1975 and maintained in CIA files
describes the 1975 "constitutional coup" against Australian Labor Prime
Minister Gough Whitlam but makes only single reference to CIA
culpability in the affair.
WMR has obtained from CIA files, a copy of a BIC corporate
brochure from 1975 that lists the officers of the corporation: Edridge
Haynes, President; Orville L. Freeman, President; Elliott Haynes,
Executive Vice President; William Persen, Senior Vice President;
Richard P. Conlon, Vice President; Jose A. Mestre, Vice President;
Norman M. Wellen, Vice President and Treasurer; and Robert S. Wright,
Directors named in the brochure are: Robertson F. Alford,
Norfolk, Connecticut; R. Stanton Avery, Chairman, Avery Prodcucts
Corp., San Marino, CA.; Atherton Bean, Chairman, International
Multifoods, Minneapolis; Ambassador Sol M. Linowitz, Senior Partner,
Coudert Brothers, Attorneys, Washington; Lord Pilkington, Chairman,
Pilkington Bros., St. Helens, UK; and C. William Verity, President,
Armco Steel Corp., Middletown, OH.Linowitz, who was once chairman of
Xerox, was the U.S. diplomat who negotiated the return of the Panama
Canal to Panama during the Carter administration.
Verity was Secretary of Commerce in the Reagan administration
between 1987 and 1989. From 1987 to 1984, Verity chaired the
U.S.-U.S.S.R. Trade Economic Council made up of U.S. and Soviet
Freeman was, in addition to being secretary of agriculture, a
former Governor of Minnesota. Although he is not confirmed as the same
Richard P. Conlon who served as a BIC Vice President, Richard P. Conlon
was a former journalist for the Duluth Herald & News and the
Conlon arrived in Washington in 1963 on a
congressional fellowship while Freeman was secretary of agriculture.
Conlon went on to work as a press assistant to Senator Walter Mondale
and he was also close to Vice President Hubert Humphrey. Conlon became
the head of the powerful Democratic Study Group in the House of
Representatives. Conlon opposed U.S. military assistance to the
Nicaraguan contras and the naval presence in the Persian Gulf ordered
by President Reagan as violations of the War Powers Act.
On June 19, 1988, Conlon died in a boating accident in the
Chesapeake Bay. He was knocked overboard and his body was not
discovered until four days later.
Chesapeake boating accidents had already claimed the life of CIA
clandestine officer John Paisley in 1978 and would later claim the
lives of former CIA director William Colby and Dick Cheney friend and
Export-Import Bank chief and Assistant NATO Secretary General Philip
The BIC brochure describes the firm's Global Program, which
included five elements: the Corporate Headquarters Program operating
from New York in conjunction with centers in Washington, DC, Chicago,
San Francisco,Geneva, and Tokyo; the European Regional Program operated
by Business International, S.A. in Geneva; the Latin American Regional
Program operated out of Geneva; the Asia-Pacific Regional Program
operated out of Tokyo and Hong Kong; and the East European Service
operated out of Geneva and Vienna.
BIC offices were located, in addition to New
York, in Chicago (1 IBM Plaza), Geneva (12-14 chemin Rieu), Hong Kong
(201 Asian House), Montevideo, Uruguay (Gallerias Diri), San Francisco
(600 California Street), Tokyo (Pola Aoyama Building), Vienna
(Prinz-Eugenstrasse 4), Washington (1625 Eye Street, NW), Buenos Aires
(Cia. de Asesores Latinoamericanos S.A.), Bombay, London, Mexico City,
Paris, Rio de Janeiro, and Sydney.
There were also BIC "correspondents" in 50 other cities
the world. BIC also became involved in tracking terrorist and security
threats to air passengers, especially after the 1985 hijacking of TWA
flight 847 to Beirut while the plane was en route from Athens to Rome.
BIC described Athens and Beirut as the world's most
airports, followed by Karachi, New Delhi, Manila, Tehran, Tripoli
(Libya), Conakry (Guinea), Lagos, and Yaounde (Cameroon).
In 1986, BIC was bought by the Economist Group in London and its
operations were merged with the Economist Intelligence Unit (EIU).
There have been a number of reports that the EIU works as closely with
Britain's MI-6 intelligence service as BIC once worked with or for the
CIA. One of BIC's directors was the late Lord Pilkington, who was also
a director of the Bank of England.
Obama's work for a company having ties to the CIA barely
registered a blip on the 2008 presidential campaign radar screen. At
the very least, Obama helped in providing economic intelligence to the
CIA as a contract employee. At most, Obama was, like previous BIC
employees who operated abroad for the CIA, a full-fledged non-official
cover (NOC) agent.
Since President Obama has backpedaled on CIA renditions and
torture, as well as warrantless electronic surveillance by U.S.
intelligence, he owes the American people a full explanation of the
circumstances behind his being hired by BIC, what his job actually
entailed, and whether he continued to have a relationship with BIC or
any other CIA operation while attending Harvard Law School and
February 20-22, 2009 -- White House Counsel Greg Craig should resign
President Obama's Counsel, Greg Craig, has been given until
February 25 to arrive at an agreement with lawyers for Karl Rove and
Justice Department prosecutors on whether Rove must testify before the
House Judiciary Committee on issues pertaining to the prosecution of
former Alabama Democratic Governor Don Siegelman by the George W. Bush
Bush had earlier asserted executive privilege in protecting Rove
from testifying. The decision by the U.S. Court of Appeals for the
District of Columbia denied Craig's original requested deadline of
March 4 for the Obama White House to decide whether it will fight a
decision by U.S. Judge for the District of Columbia John Bates, a Bush
appointee, that Rove does not enjoy executive privilege in testifying
before the House committee.
Rove would also be asked to testify about the
political firings of U.S. Attorneys. On February 18, 2009, WMR
reported: "By urging Karl Rove and the House Judiciary Committee to
seek a 'compromise' on the subpoena by the committee for Rove to
testify before it on February 23, the Obama White House, and,
specifically, White House Counsel Greg Craig are assisting in a
cover-up of a major campaign financial scandal from the 2002 Alabama
Republican primary and general election.
Craig is urging a compromise on the committee's subpoena of Rove
to preserve executive privilege, while also protecting the legal
interests of former President George W. Bush. WMR has now learned from
extremely well-placed sources that Craig has major
conflicts-of-interest in representing Barack Obama and the White House
in the Rove matter.
Bush's attorney in the executive privilege case involving
only Rove but former Bush White House Chief of Staff Joshua Bolten and
former Bush White House Counsel Harriet Miers, is Emmet Flood, a
partner with Craig's former law firm Williams & Connolly in
Moreover, Flood was special counsel to President Bush who
the Republican National Committee to withhold e-mails from the House
Judiciary Committee on the U.S. Attorneys firings investigation.
WMR has learned from informed sources that Flood assisted Craig in
the defense of President Bill Clinton in his impeachment over the
Monica Lewinsky affair. In addition, we have learned that Craig is a
friend of Rove. Craig has taken no steps to recuse himself from the
legal matter concerning executive privilege, Bush, and Rove.
The conflicts-of-interest do not end there. We have learned that
former President Clinton arranged for Craig to give legal advice to
both Siegelman and Dana Jill Simpson, Rove's chief accuser in the Bush
White House political prosecution of Siegelman.
Simpson was a top GOP attorney in Alabama who worked
closely with the Bob Riley gubernatorial campaign and Rove in unseating
Siegelman in a razor-thin election marked by election fraud. After it
was agreed that Craig would not represent Simpson, that task fell to
David Laufman, a Texas native who has acted as a "clean up" man for the
Bush family in past scandals.
WMR reported on September 14, 2007, that "Laufman reportedly
served in the past in the CIA and "handled" such matters as the
congressional probe of the 1980 October Surprise, in which George H. W.
Bush, Bill Casey, Robert Gates, Donald Gregg and others allegedly
conspired with Iran to keep U.S. hostages imprisoned until after the
November 1980 election, thus tipping the scales against President Jimmy
Laufman reportedly worked for CIA director Casey from 1981 to
1984." Craig, we have also learned, represented Senator Richard Shelby
(R-AL), who came under suspicion for his financial stake in Doss
Aviation, a major U.S. Air Force contractor.
Another major shareholder in Doss is U.S. Judge for the Middle
District of Alabama Mark Fuller, the same judge who tried Siegelman in
his second federal trial and sentenced him to immediate prison after
his conviction. From WMR's September 14, 2007, report: "Fuller . . .
listed Oceaneering, Incorporated on his financial disclosure form as a
firm for which he had a vested interest.
Oceaneering, prime Navy
contractor used for salvaging ships and aircraft like Korean Air Lines
007 and the space shuttle Challenger, has one interesting past
connection: a firm known as Zapata Offshore.
It was the George H. W. Bush CIA proprietary firm that
naval support for the 1961 Bay of Pigs invasion. "Flood represented
Vice President Dick Cheney in the criminal probe of the leak of the
identity of CIA covert agent Valerie Plame Wilson. The leak probe also
involved Rove, who was, in addition to Cheney's Chief of Staff I. Lewis
"Scooter" Libby, under investigation for leaking Plame Wilson's
identity to the media.
Craig has a long history in Washington of representing dubious
clients. He represented John W. Hinckley, Jr., the would-be assassin of
President Ronald Reagan. Hinckley's family were friends with Reagan's
Vice President George H. W. Bush, who would have become President of
the United States in March 1981 had Hinckley succeeded in killing
Craig represented UN Secretary General Kofi Annan in the UN
oil-for-food probe headed up by Paul Volker, now a senior economic
adviser to Obama. Craig represented the government of Panama during the
1990 trial of one-time CIA asset Manuel Noriega. Panama demanded the
return of Noriega's money, much of it drug money earned from his
participation in George H. W. Bush's CIA Iran-contra scandal, to
Craig also represented two former Bolivian politicians, former
President Gonzalo Sánchez de Lozada and former Minister of
Carlos Sánchez Berzaín, who fled to the United States
indicted by the Evo Morales government for the murder of 67 protesters
In 1977, Craig represented John J. Kearney, the first FBI
to ever be indicted, for illegal wiretapping and breaking and entering.
Craig also represented former CIA director Richard Helms for perjury in
his 1973 testimony concerning the CIA's role in the coup against
Chilean President Salvador Allende.
Informed individuals involved in the Siegelman case have told WMR
that President Obama should ask for Craig's immediate resignation as a
walking and talking conflict-of-interest.
In order to limit the damage from Obama's first major scandal, one
that concerns a cover-up of Bush White House abuse of power and other
IF THE BLIND LEAD THE BLIND, BOTH SHALL FALL INTO THE DITCH (1)
COST OF INSURING A 5-YEAR $10 MILLION TREASURY INSTRUMENT IS NOW
THE $14 TRILLION SOVEREIGN AND LOAN FUNDS WERE PULLED ON 29TH JANUARY
OBAMA ADMINISTRATION'S PRIDE AND IGNORANCE: SHOOTING THEMSELVES IN THE
PACE OF DETERIORATION ACCELERATING FROM DAY TO DAY
CURRENCY REVIEW, Volume 34, #2: This issue is now well advanced in our
print works and will be distributed worldwide soon. As indicated
previously and below, it contains three flowcharts which show how the
fake 'derivatives' sector represents a gigantic BANKERS' RAMP, how the
Paulson TARP operation was designed to reliquefy the likes of Carlyle,
Carlyle Capital, George Bush Sr. and other familiar perpetrators, and
why ALL derivatives 'products' are frauds – equipped, even, with their
own esoteric language, the purpose of which is to prevent ordinary
mortals from understanding how these interrelated Ponzi Scheme
it is historically true that ALL Ponzi schemes implode sooner of later.
What makes the present situation unprecedented in the history of fallen
humanity is that (a) what is happening was indeed predicted here long
before anyone had ever heard of Roubini, and (b) all the Ponzi
operations are interlinked. Hence reports of EIGHT more Ponzi collapses
pending in Europe, the panic that is now evident everywhere as it has
been realised that hardly any institutions managed to avoid being
caught up in the corruption, and the chaotic responses of terrified
governments and officials who have not understood the central issue:
THE DERIVATIVES ARE FAKE AND HENCE WORTHLESS.
may be ordered direct via this website. To order the forthcoming issue
alone, please enter a regular order and ALSO send us an email via the
CONTACT US tab to state that you specifically require International
Volume 34, #2 only. We have to charge a premium for individual issues,
as we sell only serials in the normal course of business.
On this occasion, we are charging $300 for this issue, incorporating a
50% DONATION mark-up.
such orders, as with all donations made to assist us with the financing
of this research and our necessary exposures, are appreciated and
acknowledged by the Editor.
MADOFF 'VICTIMS' LIST: Two reports were posted on 6th February 2009
containing the entire list of customers of Bernard L. Madoff
Securities, Inc.. Because the list is so huge, we divided it into two
segments: Clients A-N; and clients O-Z, plus a Miscellaneous Section.
See: Archive. Our list is the easiest to load and clearest of the lists
that have been reproduced privately on the Internet.
• Globalist hegemony ideology and practice
is comprehensively debunked in the Editor's study entitled The
New Underworld Order,
which can be ordered via the books section of this website. If you want
to see what may happen if the angle of decline steepens much further,
you could do worse than also order a copy of The
Red Terror in Russia, by the brave contemporary Russian eyewitness
Sergei Melgounov, another Edward Harle Limited
book available direct from this website.
By Christopher Story FRSA,
Editor and Publisher, International
Currency Review and associated intelligence publications and
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red box throughout this combined website.
19th February 2009, the following Update was added to the report of
15th February, which please study if you haven't yet done so as it
tells you 'where it's at':
AND LO! THEY ARE FALLING INTO THE DITCH 'AS WE SPEAK':
on 18th February, the cost of insuring a $10 million US Treasury
instrument for a five-year maturity reached $90,000. On 19th February,
the cost had risen to $93,000! In a normal market, the cost should not
exceed $10,000, at the most.
the more they write, the more junk the US Treasury creates, the higher
the price. It's been doing this more or less constantly since Obama
took office, by the way.
This data, publicised by CNBC and
derived from CME 'pit' sources, tells you that the market is 100% in
agreement with the assessment elaborated upon below. Confidence in US
Treasury instruments is collapsing, as a consequence of the fact that
not all financial market participants and observers are as mentally
deficient as the corrupt technicians who are taking Barack Obama and
the United States' financial economy to the cleaners.
they thought they could get away with is a giga-TARP operation,
involving circular financing which only delivers vast mountains of new
garbage Treasury debt in the background: and we are talking about
TRILLIONS here. We therefore CONFIRM that the disastrous course adopted
by the financial sorcerers surrounding President Obama WILL lead this
Adminstration, the US dollar and the US and world financial economies
into a BRICK WALL, and that the deterioration of which the
above-mentioned price is a potent symptom will be RAPID, taking the
whole world by surprise.
When this materialises, kindly remember
the following, would you? The catastrophe is specifically and
EXCLUSIVELY a consequence of the determination of these Fraudulent
Finance specialists to CONTINUE with their exotic, illicit financial
Ponzi operations, LONG AFTER THE REST OF THE WORLD HAS SEEN RIGHT
THROUGH THEIR DUPLICITY. So, fasten your seatbelts: these US idiots
made their choice, hoping to cover up their complicity in the Banker's
Ramp. Now they will finally discover that by wilfully refusing to 'go
straight' with on-the-books financing as agreed ages ago by the Group
of Seven, they will reap the whirlwind. And so, unfortunately, will the
Rest of Us.
THE COST OF THE SAME INSURANCE ON 25TH FEBRUARY 2009
25th February 2009, the cost of insuring against a default by the US
Treasury on a $10 million instrument for five years reached $100,000:
one hundred thousand dollars.
• The price should be $10,000.
AS PREDICTED HERE, THE PACE OF DETERIORATION IS ACCELERATING DAILY
President Obama, the situation is getting worse by the day. And the
reason the situation is getting worse by the day is that your
Administration, and your advisers, think they can 'fix' the situation
by redeploying the same Fraudulent Finance circular financing Ponzi
techniques that got us and you into the mess in the first place, due to
the rampant corruption that you AREN'T cleaning up. This is like using
materials known to be defective, to repair a vehicle. You will lose
control of the vehicle, you ARE losing control of the vehicle, because
the workmanship has been botched.
this juncture we don't know whether you are being hoodwinked by your
advisers, whether your advisers are ignorant as well as incompetent and
corrupt, whether you have been suborned and are taking the dirty advice
they are feeding you, or whether you are going along with their crass
stupidity. Since we cannot see inside your goldfish bowl, obviously we
aren't privy to what goes on therein. We can only judge the situation
by RESULTS. Which is all that matters.
So, take another look at the indicator publicised above. What does it
• IT MEANS:
the international financial community has seen through your attempt to
rehabilitate Fraudulent Finance by trying to contrive that the
'derivatives' assets have value, because the sharpest brains in the
business KNOW that this is NOT the case. The forthcoming issue of International
contains a presentation which demonstrates, with the assistance of flow
charts, not only that the derivatives 'Structured Proucts' are
fraudulent, but that the Paulson TARP operation was in fact a perverse,
reprobate, cynical exercise in refinancing known perpetrators of this
Fraudulent Finance which has brought the world to its present state of
disintegration. Everyone knows that this issue of the journal is
imminent, and you ignore the message it contains?
• Are you completely 'PROTECTED' from
reality in the Oval Office?
YOUR VICE PRESIDENT IS BLOCKING WHAT HAS TO BE DONE
article in The Wall Street Journal of 24th February 2009 (2) entitled
'Stanford has links to a fund run by Bidens' specifically linked the
drug-running Ponzi Fraudulent Finance operation run by the Bush-CIA
operative 'Sir' Allen Stanford (who, as we revealed in an Update to the
report dated 15th February, took over from Noriega), to Paradigm Global
Advisors, which 'is owned through a holding company by the Vice
President's son, Hunter, and Joe Biden's brother, James'.
Vice President Joe Biden heads the National Security Council which
works with and directs the CIA's George Bush Center for 'Intelligence'
(3) and which, as also explained (again) in the report dated 15th
February 2009, is the node of the US Intelligence Power which controls
the Executive Branch and finances its operations by means of Fraudulent
Finance Ponzi operations, which it proliferates and originated, in
order to sustain its own usurped power.
• FACT: Therefore, Mr Biden is sabotaging
your entire Presidency, Mr Obama. You're in trouble.
THE ONLY REAL CASH-CASH FUNDS WERE PULLED AT THE END OF JANUARY
the election outcome and during the Transition, all concerned were
advised that the $14 trillion of sovereign and LOAN funds made
available to provide the basis for the PRIVATE SECTOR Capital Markets
refinancing transactions ON THE BOOKS agreed upon by the Group of Seven
(the G-7) could not be expected to remain on the table indefinitely.
the funds remained inaccessible after being placed into 'lockdown'
between 10th and 12th September 2008 as previously and repeatedly
reported by this service, they remained still available for deployment
for the transparent purposes for which they were intended.
meant that it was still open to the Obama Administration to 'allow' the
fully PRIVATE SECTOR Capital Markets transactions to proceed. We then
had the Geithner confirmation delay and drama, after which time ran
out. Was it the intention of the Obama Treasury to proceed at once with
the agreed-upon PRIVATE SECTOR REFINANCING of the US dollar system
using the $6.2 trillion LOAN money as base, or not? It has been pending
since June 2007.
• FACT: When, after three days of waiting
for an answer, none was forthcoming:
$14 TRILLION WAS DULY WITHDRAWN FROM THE TABLE. THE ONLY VIABLE
MECHANISM FOR RESTORING STABILITY AND RESCUING THE SITUATION CEASED TO
Specifically, the $14.0 trillion was withdrawn on 29th January 2009.
We did not know this had occurred, but kept hinting that such a
development was likely, because ultra-generous lenders and sovereign
holders cannot be expected to allow their funds to remain available for
open-ended, illicit exploitation (which had been the case with the $6.2
trillion since late June 2007) indefinitely, after all back channel
undertakings on the matter had been shredded.
CITIBANK AND OTHER INSTITUTIONS WERE THEREFORE LEFT WITH NO REAL CASH
previously mentioned, the $14.0 trillion represented the ONLY GOOD
MONEY, namely on-the-books funds, available. It has gone: 19 months was
much too long for the owners and lenders to have had to wait: and they
took appropriate advice and PULLED THE FUNDS. In late February, Sir Win
Bischoff, placed at Citibank to oversee the lenders' funds, left
Citibank for good.
THAT is why you then started reading all about bank mergers,
nationalisations and other schemes.
WHY HAVE THE U.S. AUTHORITIES SHOT THEMSELVES AND THE WORLD IN THE FOOT?
The short answer to this question can be divided into two parts:
PRIDE: The small minds of the relevant 'technicians' and advisers
imagined that they were being dictated to by foreign powers, which WAS
NOT THE CASE. The $6.2 trillion was made available pro bono publico
with no strings attached (except that the funds must be applied
exclusively for the purposes for which they were intended) in order to
assist the G-7 Financial Powers to find a way out of the morass. A
destitute bankrupt is not in a position to 'go it alone': but that is
the decision that appears to have been taken. The Obama Administration
threw away its ONLY lifeline.
It is now completely adrift, has
no idea what it is doing, and is running at full speed into the rocks.
Mr President, the CHICAGO PRICE THAT WE CITE ABOVE IS TELLING YOU THIS.
• CAN YOU HEAR US IN THERE?
IGNORANCE: Your Administration, Mr Obama, has committed SCHOOLBOY
HOWLERS, elementary economic errors, which are having CATASTROPHIC
THE CIRCULAR FINANCING PONZI MECHANISM you are perpetuating will have,
as the sensitive market DETECTS, the consequence that YOU WILL BE AND
ARE PILING UP VAST QUANTITIES OF TRASH DEBT IN THE BACKGROUND. You are
doing this because you are insistent that the trash derivatives must be
'revalued', by which you actually mean that fake, fraudulent 'assets'
that have NO VALUE are to be given a false value. THAT IS STRAIGHT
SECURITIES FRAUD, SIR.
Market professionals KNOW THIS, SIR.
your Treasury is doing is generating vast quantities of DEBT in order
to reliquefy assets that have been exposed as WITHOUT VALUE, thus
bailing out institutions and corrupt players with new Federal Reserve
fiat money in exchange for lumbering future generations with colossal
debts that can never be repaid or serviced.
• Excuse us? The markets don't want to
know. DON'T YOU KNOW THAT?
only are the markets indicating with crystal clarity that your
duplicitous Fraudulent Ponzi Financing won't fly, but they ALSO know
that there IS an alternative which WILL work.
THE SOLUTION THAT THE OBAMA WHITE HOUSE HAS CLOSED OFF
The solution is PRIVATE SECTOR Capital Markets operations as agreed by
the G-7 in 2007-08.
AN ELEMENTARY ECONOMICS LESSON FOR THOSE WITH EYES TO SEE AND EARS TO
• BECAUSE financing operations in the
PRIVATE SECTOR generate REVENUE.
• Not DEBT. REVENUE. Repeat after us:
REVENUE, REVENUE, REVENUE, SIR.
• FACT: Government doesn't 'do' REVENUE.
It does DEBT, President Obama, Sir.
REVENUE IS ON THE BOOKS AND IS TAXED AT FULL RATE.
dishonest and duplicitous way that your Treasury, like Paulson's
Treasury, is doing it, generates DEBT. AND MORE DEBT. AND MORE DEBT.
AND MORE DEBT. AND MORE DEBT.
Which has to be FINANCED. And the
market is now charging through the nose and will continue charging
through the nose to finance your new trash debt, which means, O Mr
President Obama, that SOONER RATHER THAN LATER you won't be able to con
anyone in the world any longer to buy your trash Treasury debt. That is
what the market is telling you, O Mr President.
FAST TRACK TO EARLY IMPEACHMENT FOR LYING TO THE AMERICAN PEOPLE
Now, if you want to continue PROMISING THE MOON, without having the
means to pay for it, do please continue PROMISING THE MOON.
But don't be surprised if some of us 'out here' open a book inviting
odds on your impeachment for lying to the American people. Maybe the
crooks in your White House and Treasury have set you up for precisely
such an outcome. THINK ABOUT IT.
PRIVATE COMMENT FOR THE OVAL OFFICE
President, we respect the majesty of your office and your outstanding
qualities. We gave you the appropriate benefit of the doubt, time to
get your feet under the desk, etc, time to breathe.
Unfortunately, THERE IS NO TIME FOR FURTHER INDULGENCE.
or the people surrounding you have DELIBERATELY DECIDED TO ESCHEW THE
ONLY MECHANISM THAT WILL SAVE THE UNITED STATES, THE WORLD AND YOUR
PRESIDENCY FROM THE VERY WORST POSSIBLE OUTCOMES.
• That decision is not just PERVERSE: it
is CRIMINAL. SECURITIES FRAUD IS CRIMINAL.
You have the solution to hand, you had the wherewithal to finance it,
you could have adopted the sound economic course to stability advised.
But you didn't. FATAL, TERMINAL, MISTAKE.
Instead of which, your
compromised advisers preferred to CONTROL THE RECOVERY PROGRAM
THEMSELVES. Why? Because they wanta piece of the action, of course.
True or false?
They want corrupt 'business as usual'. This is
not possible for long, Mr President, because there has been a DECISIVE
DISCONTINUITY. The fraudulent nature of official US Ponzi finance has
been exposed. You can't go on with it unless you relish the prospect of
revolution and chaos.
PRIVATE SECTOR CAPITAL MARKETS REFUNDING NEEDS TO BE DONE FROM ABROAD
private sector Capital Markets REVENUE-generating solution can be
handled from abroad. It can still generate massive REVENUES for the US
Treasury. Nobody wants to see the United States walk to its death due
to the misplaced PRIDE and IGNORANCE of the people in charge. We'll