por
David DeGraw
08 Diciembre 2010
del Sitio Web
TrinityATierra
traducción (parcial) de Trinity A Tierra
Versión
original
¿Qué te parecería si por fin queda al descubierto que el dinero PUBLICO de
los americanos fue a parar a los bancos centrales internacionales y a las
instituciones banqueras/empresas más importantes en todo el mundo (concretamente
18 instituciones y empresas como General Electric y Verizon Communications)
A INTERÉS CERO y que después esos mismos bancos centrales e
instituciones financieras PRESTAN A LOS GOBIERNOS/EMPRESAS Y
PARTICULARES ESE MISMO DINERO A INTERESES DOS Y CUATRO VECES MAS DE
LO QUE A ELLOS LES COSTO?
¡Bienvenido al mundo real de Matrix!.
Ese es exactamente el esquema de la
mayor estafa de la historia mundial que ha quedado expuesta recientemente
por los balances FINALMENTE EXPUESTOS de la RESERVA FEDERAL DE LOS ESTADOS
UNIDOS.
Ríete de los planes de rescate OFICIALES del mundo financiero en todo el
mundo. Han sido una mera cortina de humo para tapar la gigantesca y
BILLONARIA estafa que en realidad ha tenido lugar.
Algunas notas de resumen:
-
La estafa se contabiliza en billones (trillions americanos): numeritos
con doce ceros
-
Wikileaks no ha fitrado nada de esto. (Su especialidad son los asuntillos
menores o los que favorecen a Soros Corp. and friends). Los detalles de todo
esto están en la propia página web de La Reserva Federal desde hace unos
días por haberse visto obligada después de dos años a mostrar esta parte de
una aun no completada auditoría
-
Los medios de comunicación, en general, están silenciando DE NUEVO este
asunto GIGANTESCO
-
El rescate multimillonario de la
FED no se limitó a empresas de Wall
Street y grandes bancos sino algunas de las mayores corporaciones del país,
tales como General Electric, McDonald’s, Caterpillar, Harley Davidson,
Toyota y Verizon.
-
Entre las instituciones financieras Goldman Sachs, recibió $600 mil
millones; Morgan Stanley $2 billones; Citigroup, $1.8 billones; Bear
Stearns, $1 billón, y Merrill Lynch, $1.5 billones en créditos a corto plazo
de la FED
-
Deutsche Bank vendió a la
FED más de $290 mil millones en securities de
hipotecas . Credit Suisse, le vendió a la FED más de $287 mil millones en
bonos de hipoteca
¿Qué ocurriría si la mayor estafa jamás perpetrada fuera expuesta
descaradamente y los medios de comunicación de USA no cubrieran la noticia?
¿Significa esto que la estafa podría seguir funcionando?
Eso es lo que
acabamos de descubrir.
Entiendo la importancia de los nuevos documentos de Wikileaks. Sin embargo,
no debemos dejar que nos distraigan de la nueva información que la Reserva
Federal se ha visto obligada a publicar.
Incluso si Wikileaks revela documentos de un gran banco americano, tan
grande como pueda ser el asunto, será con toda seguridad un asunto menor en
comparación con lo que acabamos de descubrir de un vistazo a los interiores
de la Reserva Federal. Esto es el equivalente de Wall Street a los
Documentos del Pentágono.
He escrito muchos informes detallando los crímenes de Wall Street durante la
crisis. El nivel de fraude, desde arriba abajo, ha sido espectacular. La
falta de contabilidad y el desprecio absoluto al imperio de la ley me han
hecho a mí y a muchos de mis colegas extremadamente cínicos y hastiados por
todo lo que se refiere a nuevas evidencias y a ponerlas encima de la montaña
de pruebas que ya hemos ido obteniendo todo este tiempo. Pero no debemos
dejar que nuestro cinismo perturbe nuestra visión de los detalles de cara a
esta nueva información.
Simplemente, cuando creí de verdad que los banksters no podrían sorprenderme
más, lo han hecho.
Hemos tenido finalmente el honor y el privilegio de descubrir los detalles,
una vista limitada a la Reserva Federal, de un secreto “plan de rescate por
la puerta de atrás” financiado por los contribuyentes por parte de un grupo
de banqueros privados. Esta información revela “los programas de préstamo de
emergencia” que repartieron 12.3 billones de dólares (trillion dollars) en
dinero del contribuyente- 3.3 billones de dólares en liquidez + 9 billones
de dólares en “otros arreglos financieros”.
Espera. ¿Qué?. ¿Has dicho 12.3 billones de dólares del contribuyente que
fueron repartidos en secreto por parte de banqueros privados…y el Congreso
no conocía los detalles de la operación?.
Sí. Los Padres Fundadores se están removiendo en sus tumbas. La copia
original de la Constitución se ha incendiado de forma espontánea. El
fantasma de Tom Paine sale corriendo mientras grita desesperado por los
salones del Congreso.
La Reserva Federal ha estado repartiendo dinero por todos lados de un modo
sin precedentes, y esta vez no ha sido sólo a los sospechosos habituales
como Goldman Sachs, JP Morgan, Citigroup, Bank of America, etc.; ha sido al
Cartel Banquero Global.
Los bancos centrales en todo el mundo: Australia, Dinamarca, Japón, México,
Noruega, Corea del Sur, Suecia, Suiza, Inglaterra,…a los dealers de primera
fila para el FED tales como Credit Suisse (Suiza), Deutsche Bank (Alemania),
Royal Bank of Scotland (U.K.), Barclays (U.K.), BNP Paribas (Francia)… Todos
los jugadores Ponzi fueron “recompensados”. Todas las Organizaciones
Corruptas Racketer Influyentes tuvieron su tajada.
¡Cuéntame algo sobre la caída e incendio de Roma!. Sayonara clase media
americana…
Si todavía tienes alguna pregunta sobre si Estados Unidos es ahora la
república bananera más importante del mundo, el veredicto final acaba de ser
hecho y la decisión ha sido unánime.
Cualquier noción de cuento de hadas de que estamos viviendo en una nación
construida sobre el imperio de la ley de la economía global basada en
principios de libre mercado acaba de ser expuesta como lo que es, un cuento
de hadas. El momento es equivalente a que a todo el mundo en el Vaticano les
dijera el mismo Papa que Dios ha muerto.
He estado discutiendo durante años que el mercado está amañado y que las
firmas de Wall Street más importantes son esquemas Ponzi elaborados, como
mucha otra gente que construyó sus creencias en el pensamiento racional, la
evidencia y la lógica razonada. Ya habíamos llegado a esta conclusión por
medio de la investigación y de conectar los puntos.
Pero ahora, incluso
nuestros escépticos más duros y los que apoyan a Wall Street de la forma más
ardiente han tenido la evidencia delante de sus narices en las propias
Hojas
de Cálculo de La Reserva Federal.
Incluso el Financial Times, que nombró a Lloyd Blankfein Persona del Año en
2009, reaccionó a la noticia de esta forma:
“las reacciones iniciales fueron
de shock ante la magnitud del préstamo de la FED a empresas extranjeras.
Pero los detalles pintan un escenario aun más perturbador”.
Sí, el emperador va desnudo.
Dios, de hecho, está muerto. Pero por el
momento, al menos, la ilusión continúa en pie, ¿cómo es esto posible?
Para empezar, como siempre, los canales de información (propaganda) en la
televisión de Estados Unidos simplemente han callado todo el asunto; no hay
nada que mirar aquí, simplemente, dejarlo de lado justo después de un
mensaje de nuestros espónsores.
He llegado a la conclusión de que los crímenes de la Reserva Federal son tan
enormes, tan gigantescos en escala, que es muy difícil para la gente
imaginarse esto y comprender lo que ha ocurrido aquí.
Piensa en esto. Con sólo una mirada a sus operaciones, hemos sabido que la
FED repartió 12.3 billones de dólares en créditos a interés cercano a cero,
sin la aprobación ni conocimiento del Congreso.
La audacia y la absurdidad de todo esto supera la mente…
Concluyo, tras muchas conversaciones que he tenido con la gente, me parece
que la persona media, no comprende cuánto es un trillón de dólares (billón
de dólares para la contabilidad hispana).
Podrías también decir que hay 12.3
billones porque la gente no es capaz de entender lo que significa esa
cifra, ni de entender lo que podría hacerse si se empleara ese dinero de
otra forma.
¿Puedes imaginar lo que podríamos reestructurar en esta sociedad con 12.3
billones de dólares? Piensa en ello…
A la gente le cuesta entender la dimensión del colosal crimen cometido
porque sigue escuchando la palabra “créditos” y cree que esto se parece a
los créditos que ellos mismos obtienen del banco. Tu pides dinero y lo
devuelves con intereses, no hay nada del otro mundo en esto.
Pero no es esto lo que ha ocurrido aquí. La FED repartió 12.3 billones de
dólares en créditos de interés cero, usando a los americanos como
colaterales, y pidiendo nada a cambio, nada más que un ramillete de activos
tóxicos en algunos casos. Ellos dieron este dinero sólo a un grupo selecto
de insiders, en un momento cuando muy pocos tenía dinero alguno porque todos
estos insiders y especuladores habían hundido el sistema.
¿Te quedas con la jugada? La misma gente responsable por el derrumbamiento
del sistema, fueron recompensados con billones de dólares.
Esto dio al
selecto grupo de insiders un poder ilimitado para tomar control de los
activos y tener una influencia sin precedentes sobre casi todo lo que hay en
nuestras economías, es decir, es como hablar de capitalismo-entre- amigos
con esteroides.
Esto ha sido una OPA hostil a nivel mundial orquestada por medio de ataques
a la economía por parte de un pequeño grupo de banqueros privados a nivel
global. Han paralizado el sistema, se les ha dado el poder de recrearlo de
acuerdo a sus propios deseos. No hay mercado libre, ni democracia de ninguna
clase. Todo se ha llevado en secreto.
En el proceso, se han concedido a sí
mismos bonos de infarto mayores que en todos los tiempos, empobreciendo a
millones de personas. Han puesto en movimiento un sistema que colapsará
inevitablemente de nuevo y destruirá finalmente la misma existencia de lo
que queda de la clase media económica.
Esto no es una hipérbole. Es exactamente lo que ha ocurrido.
Estamos hablando de billones de dólares secretamente enviados a los bancos
globales, seleccionados por un pequeño selecto grupo de banqueros. Todo para
el beneficio de esos mismos banqueros, a costa de todo el mundo. La gente no
puede comprender lo que esto significa y las severas consecuencias que
implica; acabamos de empezar a experimentar lo que esto significa.
Déjame simplificarlo para ti: el Sueño Americano se A- C- A- B- Ó...
Bienvenido al estado fascista neo-feudal
La gente en todo el mundo que sigue usando el dólar o bien
-
son parte de
la estafa
-
no se enteran de la realidad
-
creen que el poder militar de
USA será capaz de mantener el valor de una moneda que no tiene ya valor
alguno
-
todo lo anterior
No importa de qué forma lo veas,¡ todos nosotros estamos en un problema muy
serio.
Si eres un cargo electo, (sé que al menos 17 personas suscritas a mi
newsletter lo son) y crees en el juramento que hiciste cuando aceptaste el
cargo, debes pedir inmediatamente una auditoria completa de la Reserva
Federal y pedir que se detenga a Ben Bernanke y a la cúpula completa de la
Reserva Federal. Si no haces nada de esto, te mereces que te llamen “muñeco
irrelevante” y te lo pongan tatuado en la frente.
Sí, son palabras muy duras, pero son la verdad.
El Cartel Banquero Global ha sido tan descaradamente expuesto, que no puedes
seguir creyendo que vivimos en una nación con leyes basadas en la
Constitución. La broma se ha acabado.
Esto ha ocurrido hace ahora dos años. ¿Se pregunta aun alguien seriamente
por qué estamos en crisis?. Nuestra economía ha sido derrumbada al suelo
debido a una decisión estratégica, deliberada por un pequeño grupo de
banqueros internacionales privados en la Reserva Federal. ¿No es capaz la
gente de entender la conexión aquí?. Estoy hablando de que este país está
dirigido por un
Cartel Banquero Internacional.
Siempre recuerdo la frase de Harry Overstreet que escribió lo siguiente en
1925 “Dar a la gente los hechos los hechos como una estrategia de influencia”
ha sido un fallo. La crisis prueba que Overstreet tenía razón.
Aquí hay una lista de informes sobre esta filtración de Bernanke.
Prepárate para entrar en el teatro del absurdo…
Empiezo con el senador
Bernie Sanders
al que Bernanke reventó cuando éste le
preguntó sobre este asunto en una audiencia del Congreso.
En un artículo titulado “Un mandíbula-cuentagotas en la Reserva Federal”, el
senador Sanders revela algunos detalles.
At a Senate Budget Committee hearing in 2009, I asked
FED Chairman Ben
Bernanke to tell the American people the names of the financial institutions
that received an unprecedented backdoor bailout from the Federal Reserve,
how much they received, and the exact terms of this assistance. He refused.
A year and a half later… we have begun to lift the veil of secrecy at the
FED…
After years of stonewalling by the FED, the American people are finally
learning the incredible and jaw-dropping details of the FED’s
multi-trillion-dollar bailout of Wall Street and corporate America….
We have learned that the $700 billion Wall Street bailout… turned out to be
pocket change compared to the trillions and trillions of dollars in
near-zero interest loans and other financial arrangements the Federal
Reserve doled out to every major financial institution in this country.…
Perhaps most surprising is the huge sum that went to bail out foreign
private banks and corporations including two European megabanks - Deutsche
Bank and Credit Suisse - which were the largest beneficiaries of the
FED’s
purchase of mortgage-backed securities….
Has the Federal Reserve of the United States become the central bank of the
world?… [read Global Banking Cartel]
What this disclosure tells us, among many other things, is that despite this
huge taxpayer bailout, the FED did not make the appropriate demands on these
institutions necessary to rebuild our economy and protect the needs of
ordinary Americans….
What we are seeing is the incredible power of a small number of people who
have incredible conflicts of interest getting incredible help from the
taxpayers of this country while ignoring the needs of the people. [read
more]
En un artículo titulado “La FED Mintió acerca de Wall Street”, Zach Carter
explica el asunto de este modo:
The Federal Reserve audit is full of frightening revelations about U.S.
economic policy and those who implement it… By denying the solvency crisis,
major bank executives who had run their companies into the ground were
allowed to keep their jobs, and shareholders who had placed bad bets on
their firms were allowed to collect government largesse, as bloated bonuses
began paying out soon after.
But the banks themselves still faced a capital shortage, and were only kept
above those critical capital thresholds because federal regulators were
willing to look the other way, letting banks account for obvious losses as
if they were profitable assets.
So based on the FED audit data, it’s hard to conclude that
FED Chairman Ben
Bernanke was telling the truth when he told Congress on March 3, 2009, that
there were no zombie banks in the United States.
“I don’t think that any major U.S. bank is currently a zombie institution,”
Bernanke said.
As Bernanke spoke those words banks had been pledging junk bonds as
collateral under FED facilities for several months…
This is the heart of today’s foreclosure fraud crisis. Banks are foreclosing
on untold numbers of families who have never missed a payment, because
rushing to foreclosure generates lucrative fees for the banks, whatever the
costs to families and investors. This is, in fact, far worse than what Paul
Krugman predicted. Not only are zombie banks failing to support the economy,
they are actively sabotaging it with fraud in order to make up for their
capital shortages. Meanwhile, regulators are aggressively looking the other
way.
The FED had to fix liquidity in 2008. That was its job. But as major banks
went insolvent, the FED and Treasury had a responsibility to fix that
solvency issue - even though that meant requiring shareholders and executives
to live up to losses. Instead, as the FED audit tells us, policymakers
knowingly ignored the real problem, pushing losses onto the American middle
class in the process.” [read more]
Incluso el Financial Times explica:
La luz del sol muestra incoherencias en la historia del rescate de la FED
“Ha tomado dos años, un pleito muy duro y una Acta del Congreso, pero
finalmente, la Reserva Federal ha desglosado los detalles de sus programas
de préstamo en la crisis financiera. Las reacciones iniciales fueron de
shock ante la dimensión del préstamo, particularmente a empresas extranjeras.
Pero los detalles muestran un panorama mucho más perturbador aun… e incluso
una conclusión más problemática de esos datos es que…ahora es obvio que la
FED asumió mucho más riesgo en términos menos favorables de lo que la gente
habría creído…”
Más
Al estilo de la FED, ni siquiera han cumplido por completo con el Congreso.
En un informe titulado “FED niega la información sobre 885 mil millones de
dólares en créditos de crisis financiera” Bloomberg pone la guinda del
pastel:
For three of the FED’s six emergency facilities, the central bank released
information on groups of collateral it accepted by asset type and rating,
without specifying individual securities. Among them was the Primary Dealer
Credit Facility, created in March 2008 to provide loans to brokers as Bear
Stearns Cos. collapsed.
“This is a half-step,” said former Atlanta
FED research director Robert
Eisenbeis, chief monetary economist at Cumberland Advisors Inc. in Sarasota,
Florida.
“If you were going to audit the facilities, then would this enable
you to do an audit? The answer is ‘No,’ you would have to go in and look at
the individual amounts of collateral and how it was broken down to do that.
And that is the spirit of what the requirements were in Dodd-Frank.” [read
more]
Aquí está la única persona en las noticias de USA que realmente está
cubriendo esto y entiende de qué va.
Es el programa de Dylan Ratigan con su
invitado Chris Whalen del Institutional Risk Analytics.
Esta frase de Whalen resume el asunto bien:
“Los tipos del FED son tan corruptos, están tan
atrapados por la industria banquera, que la FED está ahí para apoyar a los
especuladores y han llevado a la economía real al infierno”.
Mattew Rothschild tiene una buena cita:
“El rescate financiero fue un despilfarro gigante, no democrático y
cleptocrático hasta su núcleo”.
Matt Stoller en NewDeal 2.0 escribe:
Ponerle fin a esta FED
“La FED, y específicamente la gente que la dirige, son responsables por los
salarios cada vez más bajos, por la desindustralización, por las burbujas, y
por la corrupción sistémica del los mercados de capitales americanos. La
nueva atmósfera financiera destruyó el aura mítica de la FED.
Con la pérdida
de legitimidad, viene la pérdida de confianza y la vulnerabilidad a
cualquier forma de crítica. La FED es ahora menos respetada que la IRS. Al
menos, necesitamos darnos cuenta de que esta gente gobierna de hecho este
país y no debería hacerlo.”
En caso de que alguien crea que esto es de nuevo un rollo de izquierdas
versus derechas, puede ver el programa de la Fox Business con Andrew
Napolitano y de invitado a Ron Paul, que, por supuesto lleva siendo un largo
tiempo un gran detractor de la FED.
Paul espera ver algunos
Wikileaks sobre
la FED muy pronto.
La Fundación Sunlight pone una luz sobre el Bank of America y el gestor
amigo de la Reserva Federal Black Rock
El Programa de créditos de la Reserva Federal permitió a Bank of America
beneficiarse dos veces
“Bank of America era uno de los bancos que era capaz de jugar a ambos lados
del programa de la Reserva Federal lanzado durante la crisis financiera de
2008.
Cuando Bank of America estaba vendiendo sus activos a firmas para
obtener los créditos a través del programa de la FED, la firma de inversión
BlackRock, en poder de Bank of America en parte, estaba potencialmente
generando un beneficio de esos mismos créditos comprando activos similares a
los vendidos por Bank of America.”
Gretchen Morgenson en el New York Times dice:
Así que ahí es donde el dinero ha ido a parar
Cómo la verdad emerge donde antes veíamos una pequeña luz sobre el tema…
Todos los datos sobre los préstamos de emergencia por parte de la FED son
altamente reveladores, pero ¿por qué no fueron hechos públicos antes?.
Esa
es una pregunta que Walter F. Todd, del American Institute for Economic
Research, se está haciendo.
El Sr. Todd, oficial de investigación en el Banco de la Reserva Federal de
Cleveland dijo que los detalles sobre los vastos y variados programas de la
FED deberían haber estado disponibles para la investigación antes de que la
reforma de Dodd-Franck fuera incluso escrita.
“El conjunto actual de poderes de la FED y la forma de la ley Dodd-Frank
antes que nada podría haber tenido un aspecto muy diferente si esta
información se hubiera hecho pública durante el debate sobre la ley, dijo.
“Si estas tablas hubieran sido conocidas, creo que el Congreso habría dicho
o bien ‘no’ a la autoridad de préstamos de emergencia o si quieres, la
cantidad habría sido mucho menor”.
En otro artículo “Bienvenido al montepío global” se dice:
La FED Opera como un “montepío global” - 9 billones
de dólares a 18 instituciones financieras
“El informe muestra que la FED opera como un montepío global que toma
prácticamente cualquier cosa que los bancos tengan como colateral. Lo que es
más perturbador es que la Reserva Federal no cargaba nada a estos
prestatarios así que tenías a bancos como Goldman Sachs empleando la crisis
para enchufar a la FED colaterales baratos.
La FED es rápida apuntando que “los contribuyentes estaban completamente
protegidos” pero no hacen mención de la destrucción que han causado al dólar.
Este es un coste oculto a los americanos y tampoco ayudaron ya que fueron el
combustible de la burbuja global más gigantesca que jamás haya visto la
humanidad.”
El periodista financiero Barry Grey
revela la verdad:
El informe de la FED levanta el velo sobre el Gran Golpe Bancario de
2008-2009
Los bancos y corporaciones que se beneficiaron ni siquiera se vieron
obligados a ofrecer contabilidad de lo que hicieron con el dinero. El
propósito completo de la operación fue emplear el dinero público para cubrir
las pérdidas del juego de la aristocracia financiera americana y crear las
condiciones ideales, para financieros y especuladores, para hacer aun más
dinero.
De las 21.000 transacciones citadas en los documentos de la
FED, desglosadas
bajo una provisión incluidas, con las objeciones de la FED, en la ley
regulatoria de este año, todas fueron llevadas a cabo en secreto. El banco
central privado operaba (y opera) sin mandato congresional alguno ni
supervisión.
Los documentos arrojaron luz sobre el saqueo de recursos sociales más
gigantesco llevado a cabo en la historia. Se llevó a cabo bajo las
administraciones de Bush y de Obama.
Aquellos que organizaron el robo del
tesoro público eran insiders de largo recorrido de Wall Street:
hombres como
el secretarios del tesoro con Bush y ex CEO de Goldman Sachs, Henry Paulson,
y entonces presidente de la Reserva Federal de NY, Timothy Geithner
Los documentos de la FED muestran que el banco central de USA permitió a los
bancos y corporaciones ocultar sus malas deudas en la hoja de balance del
FED. Ahora, para prevenir un colapso del dólar y un impago por parte del
gobierno de USA, a la gente americana le han dicho que deben sacrificarse
para reducir la deuda nacional y el déficit presupuestario.
Pero a medida que las vastas sumas se hacen claras, el “sacrificio” que se
pide de la clase trabajadora significa empobrecimiento, corte de salarios y
desempleo en masa, cortes en sanidad, seguridad social, sanidad, etc.
La misma escala del rescate de la FED señala la escala del crash financiero
y la criminalidad que ha ocultado y amparado…la entera economía capitalista
de USA descansaba en un esquema Ponzi que estaba diseñado para colapsar..
Los bancos fueron capaces de tomar el cash barato de la FED y prestárselo de
nuevo al gobierno al DOBLE Y CUÁDRUPLE de tasas de interés que llevaban
inicialmente, llevándose en el proceso miles de millones…
La saga aun viviente del robo de la economía por parte de la elite
financiera revela la mentira que hay en las continuas declaraciones de que
“No hay dinero para trabajos, empleo, educación, vivienda, sanidad”.
La
clase dirigente está nadando en dinero.
Aquí hay dos vídeos de este autor sobre el Escuadrón Económico de La Muerte
de Wall Street:
The Greatest Theft in History
The Wall Street Economic Death Squad
Part I
The Greatest Theft in History
Wall Street Economic Death Squad
Part II
- Are The
Federal Reserve’s Crimes Too Big To Comprehend? -
The Wall Street Pentagon Papers
Biggest Scam In World History Exposed
by David DeGraw
December 6, 2010
from
AmpedStatus Website
Spanish version
The Wall Street Pentagon Papers:
-
Biggest Scam In World History Exposed - Are
The Federal Reserve's Crimes Too Big To Comprehend?
-
What if the greatest scam
ever perpetrated was blatantly exposed, and the US media didn’t cover it?
-
Does that mean the scam could keep going?
That’s what we are about to find
out.
I understand the importance of the new
WikiLeaks documents. However, we must
not let them distract us from the new information the Federal Reserve was
forced to release.
Even if WikiLeaks reveals documents from inside a large
American bank, as huge as that could be, it will most likely pale in
comparison to what we just found out from the one-time peek we got into the
inner-workings of the Federal Reserve.
This is the Wall Street equivalent of
the Pentagon Papers.
I’ve written many reports detailing the crimes of Wall Street during this
crisis. The level of fraud, from top to bottom, has been staggering. The
lack of accountability and the complete disregard for the rule of law have
made me and many of my colleagues extremely cynical and jaded when it comes
to new evidence to pile on top of the mountain that we have already gathered.
But we must not let our cynicism cloud our vision on the details within this
new information.
Just when I thought the banksters couldn’t possibly shock me anymore… they
did.
We were finally granted the honor and privilege of finding out the specifics,
a limited one-time Federal Reserve view, of a secret taxpayer funded
“backdoor bailout” by a small group of unelected bankers. This data release
reveals “emergency lending programs” that doled out $12.3 TRILLION in
taxpayer money - $3.3 trillion in liquidity, $9 trillion in “other financial
arrangements.”
Wait, what? Did you say $12.3 TRILLION tax dollars were thrown around in
secrecy by unelected bankers… and Congress didn’t know any of the details?
Yes. The Founding Fathers are rolling over in their graves. The original
copy of the Constitution spontaneously burst into flames. The ghost of Tom
Paine went running, stark raving mad screaming through the halls of Congress.
The Federal Reserve was secretly throwing around our money in unprecedented
fashion, and it wasn’t just to the usual suspects like Goldman Sachs, JP
Morgan, Citigroup, Bank of America, etc.; it was to the entire Global
Banking Cartel, to central banks throughout the world: Australia, Denmark,
Japan, Mexico, Norway, South Korea, Sweden, Switzerland, England…
To the
FED’s foreign primary dealers like Credit Suisse (Switzerland), Deutsche
Bank (Germany), Royal Bank of Scotland (U.K.), Barclays (U.K.), BNP Paribas
(France)… All their Ponzi players were “gifted.” All the Racketeer
Influenced and Corrupt Organizations got their cut.
Talk about the ransacking and burning of Rome! Sayonara American middle
class…
If you still had any question as to whether or not the United States is now
the world’s preeminent banana republic, the final verdict was just delivered
and the decision was unanimous. The ayes have it.
Any fairytale notions that we are living in a nation built on the rule of
law and of the global economy being based on free market principles has now
been exposed as just that, a fairytale. This moment is equivalent to
everyone in Vatican City being told, by the Pope, that God is dead.
I’ve been arguing for years that the market is rigged and that the major
Wall Street firms are elaborate Ponzi schemes, as have many other people who
built their beliefs on rational thought, reasoned logic and evidence. We
already came to this conclusion by doing the research and connecting the
dots. But now, even our strongest skeptics and the most ardent Wall Street
supporters have it all laid out in front of them, on
FEDERAL RESERVE
SPREADSHEETS.
Even the Financial Times, which named Lloyd Blankfein its 2009
person of the
year, reacted by reporting this:
“The initial reactions were shock at the
breadth of lending, particularly to foreign firms. But the details paint a
bleaker and even more disturbing picture.”
Yes, the emperor doesn’t have any clothes. God is, indeed, dead. But, for
the moment at least, the illusion continues to hold power.
How is this
possible?
To start with, as always, the US television “news” media (propaganda)
networks just glossed over the whole thing - nothing to see here, just move
along, back after a message from our sponsors… Other than that obvious
reason, I’ve come to the realization that the Federal Reserve’s crimes are
so big, so huge in scale, it is very hard for people to even wrap their head
around it and comprehend what has happened here.
Think about it. In just this one peek we got at its operations, we learned
that the FED doled out $12.3 trillion in near-zero interest loans, without
Congressional input.
The audacity and absurdity of it all is mind boggling…
Based on many conversations I’ve had with people, it seems that the average
person doesn’t comprehend how much a trillion dollars is, let alone 12.3
trillion. You might as well just say 12.3 gazillion, because people don’t
grasp a number that large, nor do they understand what would be possible if
that money was used in other ways.
Can you imagine what we could do to restructure society with $12.3 trillion?
Think about that…
People also can’t grasp the colossal crime committed because they keep
hearing the word “loans.” People think of the loans they get. You borrow
money, you pay it back with interest, no big deal.
That’s not what happened here. The FED doled out $12.3 trillion in near-zero
interest loans, using the American people as collateral, demanding nothing
in return, other than a bunch of toxic assets in some cases. They only gave
this money to a select group of insiders, at a time when very few had any
money because all these same insiders and speculators crashed the system.
Do you get that?
The very people most responsible for crashing the system,
were then rewarded with trillions of our dollars. This gave that select
group of insiders unlimited power to seize control of assets and have
unprecedented leverage over almost everything within their economies - crony
capitalism on steroids.
This was a hostile world takeover orchestrated through economic attacks by a
very small group of unelected global bankers. They paralyzed the system,
then were given the power to recreate it according to their own desires. No
free market, no democracy of any kind. All done in secrecy.
In the process,
they gave themselves all-time record-breaking bonuses and impoverished tens
of millions of people - they have put into motion a system that will
inevitably collapse again and utterly destroy the very existence of what is
left of an economic middle class.
That is not hyperbole. That is what happened.
We are talking about trillions of dollars secretly pumped into global banks,
handpicked by a small select group of bankers themselves. All for the
benefit of those bankers, and at the expense of everyone else. People can’t
even comprehend what that means and the severe consequences that it entails,
which we have only just begun to experience.
Let me sum it up for you: The American Dream is O-V-E-R...
Welcome to the neo-feudal-fascist state.
People throughout the world who keep using the dollar are either
-
Part of
the scam
-
Oblivious to reality
-
Believe that US military power will be
able to maintain the value of an otherwise worthless currency
-
All of the above
No matter which way you look at it, we are all in serious trouble!
If you are an elected official, (I know at least 17 of you subscribe to my
newsletter) and you believe in the oath you took upon taking office, you
must immediately demand a full audit of the Federal Reserve and have
Ben Bernanke and the entire
Federal Reserve Board detained. If you are not going
to do that, you deserve to have the words “Irrelevant Puppet” tattooed
across your forehead.
Yes, those are obviously strong words, but they are the truth.
The Global Banking Cartel has now been so blatantly exposed, you cannot
possibly get away with pretending that we live in a nation of law based on
the Constitution. The jig is up.
It’s been over two years now; does anyone still seriously not understand why
we are in this crisis? Our economy has been looted and burnt to the ground
due to the strategic, deliberate decisions made by a small group of
unelected global bankers at the Federal Reserve. Do people really not get
the connection here? I mean, H.E.L.L.O.
Our country is run by an unelected
Global Banking Cartel.
I am constantly haunted by a quote from Harry Overstreet, who wrote the
following in his 1925 groundbreaking study
Influencing Human Behavior:
“Giving people the facts as a strategy of influence” has been a failure, “an
enterprise fraught with a surprising amount of disappointment.”
This crisis overwhelmingly proves Overstreet’s thesis to be true.
Nonetheless, we solider on…
Here’s a roundup of reports on this BernankeLeaks:
Prepare to enter the theater of the absurd…
I’ll start with Senator
Bernie Sanders (I-Vermont). He was the senator who Bernanke blew off when he was asked for information on this heist during a
congressional hearing. Sanders fought to get the amendment written into the
financial “reform” bill that gave us this one-time peek into the FED’s
secret operations.
(Remember, remember the 6th of May, HFT, flash crash and
terrorism. “Hey, David, Homeland Security is on the phone! They want to ask
you questions about some
NYSE SLP program.”)
In an article entitled, “A Real Jaw-Dropper at the Federal Reserve,” Senator
Sanders reveals some of the details:
At a Senate Budget Committee hearing in 2009, I asked
FED Chairman Ben
Bernanke to tell the American people the names of the financial institutions
that received an unprecedented backdoor bailout from the Federal Reserve,
how much they received, and the exact terms of this assistance. He refused.
A year and a half later… we have begun to lift the veil of secrecy at the
FED…
After years of stonewalling by the FED, the American people are finally
learning the incredible and jaw-dropping details of the FED’s
multi-trillion-dollar bailout of Wall Street and corporate America…
We have learned that the $700 billion Wall Street bailout… turned out to
be pocket change compared to the trillions and trillions of dollars in
near-zero interest loans and other financial arrangements the Federal
Reserve doled out to every major financial institution in this
country...
Perhaps most surprising is the huge sum that went to bail out foreign
private banks and corporations including two European megabanks - Deutsche
Bank and Credit Suisse - which were the largest beneficiaries of the
FED’s purchase of mortgage-backed securities…
Has the Federal Reserve of the United States become the
central bank of the
world?… [read 'Global Banking Cartel']
What this disclosure tells us, among many other things, is that despite this
huge taxpayer bailout, the FED did not make the appropriate demands on these
institutions necessary to rebuild our economy and protect the needs of
ordinary Americans…
What we are seeing is the incredible power of a small number of people who
have incredible conflicts of interest getting incredible help from the
taxpayers of this country while ignoring the needs of the people. [read
more]
In an article entitled, “The
FED Lied About Wall Street,”
Zach Carter sums
it up this way:
The Federal Reserve audit is full of frightening revelations about U.S.
economic policy and those who implement it…
By denying the solvency crisis,
major bank executives who had run their companies into the ground were
allowed to keep their jobs, and shareholders who had placed bad bets on
their firms were allowed to collect government largesse, as bloated bonuses
began paying out soon after.
But the banks themselves still faced a capital shortage, and were only kept
above those critical capital thresholds because federal regulators were
willing to look the other way, letting banks account for obvious losses as
if they were profitable assets.
So based on the FED audit data, it’s hard to conclude that
FED Chairman Ben
Bernanke was telling the truth when he told Congress on March 3, 2009, that
there were no zombie banks in the United States.
“I don’t think that any major U.S. bank is currently a zombie institution,”
Bernanke said.
As Bernanke spoke those words banks had been pledging junk bonds as
collateral under FED facilities for several months…
This is the heart of today’s foreclosure fraud crisis. Banks are foreclosing
on untold numbers of families who have never missed a payment, because
rushing to foreclosure generates lucrative fees for the banks, whatever the
costs to families and investors. This is, in fact, far worse than what Paul
Krugman predicted. Not only are zombie banks failing to support the economy,
they are actively sabotaging it with fraud in order to make up for their
capital shortages. Meanwhile, regulators are aggressively looking the other
way.
The FED had to fix liquidity in 2008. That was its job. But as major banks
went insolvent, the FED and Treasury had a responsibility to fix that
solvency issue - even though that meant requiring shareholders and executives
to live up to losses.
Instead, as the FED audit tells us, policymakers
knowingly ignored the real problem, pushing losses onto the American middle
class in the process. [read more]
Even the Financial Times is jumping ship:
Sunlight Shows Cracks in FED’s Rescue Story
It took two years, a hard-fought lawsuit, and an act of Congress, but
finally… the Federal Reserve disclosed the details of its financial crisis
lending programs. The initial reactions were shock at the breadth of
lending, particularly to foreign firms.
But the details paint a bleaker,
earlier, and even more disturbing picture… An even more troubling
conclusion from the data is that… it is now apparent that the FED took on
far more risk, on less favorable terms, than most people have realized.
[read more]
In true FED fashion, they didn’t even fully comply with Congress.
In a
report entitled, “FED Withholds Collateral Data for $885 Billion in
Financial-Crisis Loans,” Bloomberg puts some icing on the cake:
For three of the FED’s six emergency facilities, the central bank released
information on groups of collateral it accepted by asset type and rating,
without specifying individual securities. Among them was the Primary Dealer
Credit Facility, created in March 2008 to provide loans to brokers as Bear
Stearns Cos. collapsed.
“This is a half-step,” said former Atlanta
FED research director Robert
Eisenbeis, chief monetary economist at Cumberland Advisors Inc. in Sarasota,
Florida.
“If you were going to audit the facilities, then would this enable
you to do an audit? The answer is ‘No,’ you would have to go in and look at
the individual amounts of collateral and how it was broken down to do that.
And that is the spirit of what the requirements were in Dodd-Frank.” [read
more]
Here’s the only person on US TV “news” who actually covers and understands
any of this, enter Dylan Ratigan, with his guest Chris Whalen from
Institutional Risk Analytics.
This quote from Whalen sums it up well:
“The folks at the FED
have become so corrupt, so captured by the banking industry… the FED is
there to support the speculators and they let the real economy go to
hell.”
The Progressive’s
Matthew Rothschild has a good quote:
“The financial
bailout was a giant boondoggle, undemocratic and kleptocratic to its core.”
Matt Stoller on NewDeal 2.0:
End This FED
The FED, and specifically the people who run it, are responsible for
declining wages, for de-industrialization, for bubbles, and for the systemic
corruption of American capital markets. The new financial blogosphere
destroyed the FED’s mythic stature…. With a loss of legitimacy comes a lack
of public trust and a vulnerability to any form of critic.
The FED is now
less respected than the IRS… Liberals should stop their love affair with
conservative technocratic myths of monetary independence, and cease seeing
this Federal Reserve as a legitimate actor. At the very least, we need to
begin noticing that these people do in fact run the country, and should not.
[read more]
In case anyone is confused into believing that this is just another right
vs. left partisan issue, enter Fox Business host Judge Andrew Napolitano
with his guest Republican Congressman Ron Paul, who is, of course, a
longtime leading FED critic.
Paul hopes to see some Wikileaks on the Federal
Reserve:
The Sunlight Foundation shines a light on Bank of America and the Federal
Reserve’s brother money manager BlackRock:
Federal Reserve Loan Program Allowed Bank of America to Benefit Twice
Bank of America was one of several banks that was able to play both sides of
a Federal Reserve program launched during the 2008 financial crisis.
While
Bank of America was selling its assets to firms obtaining loans through the
FED program, the investment firm BlackRock - partially owned by Bank of
America - was potentially turning a profit by using those loans to buy assets
similar to those sold by Bank of America.
[read more]
Gretchen Morgenson at the New York Times jumps into the act:
So That’s Where the Money Went
How the truth shines through when you shed a little light on a subject….
All of the emergency lending data released by the FED are highly revealing,
but why weren’t they made public much earlier? That’s a question that Walker
F. Todd, a research fellow at the American Institute for Economic Research,
is asking.
Mr. Todd, a former assistant general counsel and research officer at the
Federal Reserve Bank of Cleveland, said details about the FED’s vast and
various programs should have been available before the Dodd-Frank regulatory
reform law was even written.
“The FED’s current set of powers and the shape of the Dodd-Frank bill over
all might have looked quite different if this information had been made
public during the debate on the bill,” he said.
“Had these tables been out
there, I think Congress would have either said no to emergency lending
authority or if you get it, it’s going to be a much lower number - half a
trillion dollars in the aggregate.” [read more]
Welcome to the “global pawnshop:”
The FED Operates as a “global pawnshop:” $9 trillion to 18 financial
institutions
What the report shows is that the
FED operated as a global pawnshop taking
in practically anything the banks had for collateral.
What is even more
disturbing is that the Federal Reserve did not enact any punitive charges to
these borrowers so you had banks like Goldman Sachs utilizing the crisis to
siphon off cheap collateral.
The FED is quick to point out that “taxpayers
were fully protected” but mention little of the destruction they have caused
to the US dollar. This is a hidden cost to Americans and it also didn’t help
that they were the fuel that set off the biggest global housing bubble ever
witnessed by humanity. [read more]
“No strings attached.”
Financial reporter Barry Grey unleashes the truth:
FED report lifts lid on Great Bank Heist of 2008-2009
The banks and corporations that benefited were not even obliged to provide
an account of what they did with the money.
The entire purpose of the
operation was to use public funds to cover the gambling losses of the
American financial aristocracy, and create the conditions for the financiers
and speculators to make even more money.
All of the 21,000 transactions cited in the
FED documents - released under a
provision included, over the FED’s objections, in this year’s financial
regulatory overhaul bill - were carried out in secret. The unelected central
bank operated without any congressional mandate or oversight.
The documents shed light on the greatest plundering of social resources in
history. It was carried out under both the Republican Bush and Democratic
Obama administrations.
Those who organized the looting of the public
treasury were long-time Wall Street insiders:
men like Bush’s treasury
secretary and former Goldman Sachs CEO Henry Paulson and the then-president
of the New York Federal Reserve, Timothy Geithner…
The FED documents show that the US central bank enabled banks and
corporations to offload their bad debts onto the FED’s balance sheet.
Now,
in order to prevent a collapse of the dollar and a default by the US
government, the American people are being told they must sacrifice to reduce
the national debt and budget deficit.
But as the vast sums make clear, the “sacrifice” being demanded of working
people means their impoverishment - wage-cutting, mass unemployment, cuts in
health care, Social Security, Medicare, Medicaid, etc.
The very scale of the
FED bailout points to the scale of the financial crash
and the criminality that fostered it… The entire US capitalist economy
rested on a huge Ponzi scheme that was bound to collapse…
The banks
were able to take the cheap cash from the FED and lend it back to the
government at double and quadruple the interest rates they were
initially charged - pocketing many billions in the process…
The ongoing saga of the looting of the economy by the financial elite puts
the lie to the endless claims that “there is no money” for jobs, housing,
education or health care. The ruling class is awash in money. [read more]
Here’s an old Jim Rogers interview from two years ago when this whole thing
was originally going down:
Jim Rogers
America is Collapsing
Here are two videos that I made last year, with an assist from Alan Grayson
and Dylan Ratigan:
The Greatest Theft in History
The Wall Street Economic Death Squad
Part I
The Greatest Theft in History
Wall Street Economic Death Squad
Part II
And on a final note, you may as well rock out to this new song while Rome
burns…
WORLD PREMIERE
Ben Bernanke: Public Enemy #1 - Mr. Big Shot
Ben Shalom Bernanke is wanted for violating the United States Constitution,
committing acts of financial terrorism and crimes against humanity. As a
leading member of the Global Banking Cartel, he is considered a highly
dangerous
enemy combatant.
Citizens of the United States hereby demand that
he be properly detained under the laws and customs of war.