“The business interests of the US-companies that dominate the global IT business and payment systems are an important reason for the zeal of the US-government in its push to reduce cash use worldwide, but it is not the only one and might not be the most important one.
Another motive is surveillance power that goes with increased use of digital payment. US-intelligence organizations and IT-companies together can survey all international payments done through banks and can monitor most of the general stream of digital data. Financial data tends to be the most important and valuable.
Even more importantly, the status of the dollar as the worlds currency of reference and the dominance of US companies in international finance provide the US government with tremendous power over all participants in the formal non-cash financial system. It can make everybody conform to American law rather than to their local or international rules.”
Norbert Haering, A Well Kept Open Secret
“…and where they make a desert, they call it peace.”
Tacitus
Big Brother is watching !
Big Brother is listening !
Big Brother must be destroyed !
Death to Big Brother !
Speed cameras , red light cameras , for profit prisons and cashless transactions all surveiled by electronic links with taxpayer funded sub-contractors with a motive to keep collections of fines and payments coming for their cut !
Houston we have a problem !
The answer is to “weaponize” the phony banking debts, by “monetizing” the phony, banker debts. The 1200 Trillion is presently, listed as “Assets” on the phony Bankers’ books.
It is absurd. The ehem, “Dollars”, are counterfeit.
The actual damage is 1200 trillion. The damage relates to inter-bank, criminal insurance frauds, predicated upon collecting phony insurance swaps (aka, “derivatives”) that are levied against counterfeit titles, operating in bogus “Trust mechanisms” (aka, REMICs) that are described as “Special Purpose Vehicles”.
“Keynesian”, “deficits-don’t-matter” and equally absurd, “unfunded liabilities”, do not apply to the 1200 trillion as they are criminal, in nature; as such they are, quid-pro-quo, as “zero-sum-game” frauds.
In other words, there must be a winner and a loser to each side of each phony “derivatives bet”.
This is why the banks have become mules for the drug and terror cartels: the system lacks “LIQUIDITY”, there is NO CASH!
(FIAT Currency, in the absence of ACCOUNTABILITY- “M3” HAS NOT BEEN REPORTED SINCE THE PHONY “FINANCIAL CRISIS” WAS FIRST ENGENDERED, 2006; THE DTC AND DTCC REFUSE TO REPORT “DERIVATIVES”, ALTHOUGH THAT IS THE REASON THE DTC and DTCC WERE CREATED, IN THE FIRST PLACE AND A COMPLETE SUBSERVIENCE OF THE COURTS TO BOGUS BANKING BEHAVIORS; THE REMICS ARE EMPTY!!!!! HENCE DEVOID OF ASSETS!!!!!, WITH FINES INSTEAD OF PRISON, LEVIED, WHILE THOSE FINES ARE PAID BY TAXPAYERS)
HSBC BANK is proven in their illegal behaviors and the tellers received specially-made boxes, designed to fit teller windows, with pre-packaged bales of CASH!!!! The banks, should they be forced to open their books, will be proven as unable to meet their liabilities, vis-a-vis, their assets. The emperor has no clothes!
Every single bank is involved in fraud, forgery and counterfeiting American Mortgages.
In the 90s, Neil Bush, yes, those Bushes, was robbing American Taxpayers, using the FDIC.
In Michael Lewis’s book, “The Big Short”, a lot of people missed the fact that Lewis demonstrates HFC-Household Finance Company as the template for later, predatory behaviors, in sub-prime lending.
Lewis’s book is great, but it doesn’t tell the whole story. Read: the article called: “Securitization Fail”, by Adam Levitin, economics professor from Harvard, if I recall correctly).
(An attorney from Nantucket also has written an easy to digest, one-page article, called “Foreclosure, securitization don’t mix”, by Rockwell P. Ludden).
It is also true, George Senior was a one-time president because of the Long Term Capital Management, Keating Savings and Loan scandals…
Most people never realized, until Snowden, that George Senior and his banker pals also attacked and intentionally destabilized the Russian Ruble.
Anyway, Neil Bush was opening S&Ls; giving his friends loans and then bankrupting the bank. The net result was: his friends paid pennies on the dollar for their loans and the Taxpayers picked up their tab.
In part, to thwart criminals like the Bush Family, “REMIC Trusts” were created- more to the point: banks were encouraged to use “REMIC Trusts” to avoid tax consequences that were considered “burdensome”.
A “loan” was granted 90 days for a bank to enter that “loan” into lawful, REMIC Trust- the bank was then given “Tax-Deferred Pass-Through Certificates”…
Most often, the terms, “Pass-Through series” is part of the name on the phony “Trust” that claims the ability to collect on your “loan”.
Of course, if the bank didn’t enter the “loan” into lawful Trust, but said it did, within 90 days, the “loan” becomes “Null and Void” according to some.
(Others, myself included agree the “mortgage” was never intended as a “loan” for property in the first place, while, instead, a fraud of conversion, where money was stolen from 3rd parties- “tertiary funding”, illegal, in-and-of-itself- and identities (homeowner’s names and social security numbers) and collateral (American Homes) were stolen to place bets on Wall Street.
Supreme Court, 1872: Carpenter v Longan, explains: when a note and lien (contract and papers that show the amounts etc, pertaining to that contract) are “bifurcated (separated)”, the “mortgage” ceases to exist.
When Wall Street Criminals separated the paper contract (the Note) and put it in their own pocket (Bucket Shop) and then passed the lien any multitude of times among themselves, in order to put phony bets on its performance, the “loan” became, “Null-and-void”.
(As an aside, within the “Pooling and Servicing Agreements-PSAs”, written to keep honesty among thieves, these criminals explained a violation of the “90-day rule”, voids the mortgage).
Every person in America has heard stories banks encouraged homeowners to “go behind” on their payments for at least 90 days, in order to qualify for Obama’s “Hamp” NONSENSE.
Once the homeowner went behind, the “loan” became “null-and-void” and triggered payoffs to the phony “Trusts” according to the PSAs that governed those “Trusts”.
The banks employed this behavior, as borrowed from hedge funds managers. The missed payments and subsequent foreclosure notices, act as a “locator” while the criminal banks are “making a market” for “Servicing Banks” masquerading as “True Creditors (Holders in Due Course)”, aka, “Lending Banks”.
THE BANKERS ARE HEDGING THEIR “NAKED SHORT SALE BETS” BY “MAKING A MARKET” (in foreclosures) FOR THE “DERIVATIVES” THEY WERE BETTING ON, AFTER “DUAL-TRACKING” THE “LOANS” THEY WERE CLAIMING THEY OWNED, USING FORGERY, FRAUD AND COUNTERFEITING.
Using American Mortgages to launder terror and drug cartel money is bad enough and voids any claim to solvency any bank within the central banking system may presently put forward…
Read an analysis of these behaviors, that exists as written by Federal Court Judge Gleeson and the “Deferred Prosecution Agreement-PDA”, written by the DOJ of the Obama Administration and used by AG Holder and AG Lynch, to conceal the banks are using American Mortgages to launder money for criminal cartels that have killed American GIs.
The “deferred prosecution agreement” and criminal admissions of HSBC Bank were Booked in Sept 2012.
The agreed-upon, criminal behaviors, in what amounts to a plea bargain agreement, include: (Violations of) “TWEA- Trading With Enemies Act”; “BSA Bank Secrecy Act”; all “AMLs- Anti-Money Laundering Acts”; “IEEPA- International, Economic Emergency Power’s Act”.
The Moore Family of Philadelphia first exposed the DPA and Federal Judge Gleeson wrote the following analysis:
You may read the court document here:
Case 1:12-cr-00763-JG Document 23 Filed 07/01/13
Federal Judge Ann Donnelly has replaced Judge Gleeson and Lynch, Comey, Holder and Breuer have been involved in concealing what is going on. The release of the DPA is now under appeal.
Lynch, Comey and the Obama DOJ have allied with an English Chinese Bank in allowing the appeal, in order to deny US Citizens any knowledge of its contents.
The bank agreed they are guilty and the US DOJ has been concealing their admissions, they are guilty, since December 2012.
The violations occurred in Brooklyn. Loretta Lynch signed for Brooklyn as Prosecutor on Dec 2012.
Lanny Breuer signed for Eric Holder as Assistant AG on Dec 2012.
So… Holder, Breuer and Lynch all know and 3 months after they conspired through the DPA to conceal their plea bargain, James Comey was placed on the Executive Board of the English – Chinese hybrid, HSBC- “Hong Kong Shanghai Banking Corporation”.
Of course, Eric Holder’s Law Firm, “Covington-Burling”, created the MERS and it has been used for over a decade to counterfeit titles to American Homes.
The counterfeit titles allowed the REMIC Trusts to be violated and Pension Funds to be robbed.
The REMICs- “Real Estate Mortgage Investment Conduits”, are now, instead, REMIFs- “Real Estate Monopolized Insurance Frauds”.
Holder’s MERS allows banks to “pretend” ownership of real estate, on “loans” the Pension Plans have already paid, in-full.
The banks, as we now know, stripped Pension Plans to pay the “loans”, in – full, on the front – end and then the banks counterfeited their interest in those “loans”, claiming they, the banks, gave the money… They didn’t; the Pension Plans of the Police, firemen, teachers and municipal workers were used to pay the “loans”, in-full.
The criminals then claimed “ownership” to the “loans” they then stole, for themselves, in order to collect interest and principal payments on “loans” the Pension Plans already satisfied, in-full (Google: “Bucketeering”).
A 100,000.00 “mortgage”, in this SCAM might return some $500,000.00 to the banks that stole the title, over the course of the “loan” (20, maybe 30 years).
BUT…
THAT ISN’T THE WORST OF IT…
http://www.marketwatch.com/story/this-is-how-much-money-exists-in-the-entire-world-in-one-chart-2015-12-18
THE BANKS CREATED 1200 TRILLION IN “NOTIONAL DERIVATIVES, NAKED SHORT SALE BETS”, THAT ARE SIMPLY, INTER-BANK, CRIMINAL WAGERS, THE BANKS CAN ROB PEOPLE’S HOMES, USING PHONY REMIC TRUSTS.
WHEN THE TIME COMES, NOT FAR OFF, THE BANKS CLAIM THE AMERICAN PEOPLE ARE ON THE HOOK FOR THE BANKS’ DEBTS AND CRIMINAL BEHAVIORS- REMEMBER: THERE IS NO MECHANISM WITHIN ARTICLE 1, SECTION 8, THAT EXPLAINS WE THE PEOPLE MUST PAY FOR THEIR CROOKED LIES AND DECEIT.
THEY HAVE RUINED THEMSELVES- NOT US.
It is up to the American People to Nationalize the banks and prosecute the bankers. The “Derivatives” damage, to this very day, is not known, in its entirety: the banks refuse to report through the DTC and DTCC- the regulatory agencies designed to track and report on their phony, “Naked Short Sale Bets”, That Americans will lose their homes to counterfeit, forgery and fraud, aka: “Derivatives”.
~Michael Keane, 8/19/16
https://livinglies.wordpress.com/2016/08/24/new-york-judge-orders-release-of-hidden-documents/#comment-451045