QUOTE OF THE DAY

“From the left to the right of the American political spectrum, few are questioning what the connection between the Fed’s largesse and the financial markets really means. The biggest banks have been experiencing largely unregulated, unlimited, support in the form of Fed policy that has nothing to do with saving, or helping, the Main Street economy.”

Nomi Prins

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11 Comments
Michael Keane
Michael Keane
May 2, 2018 8:52 am

The intentionally-mislabeled, “Federal Reserve”, neither federal, nor possessing ANY reserves, owns and operates the IMF, World Bank and “Securities Clearinghouses”.

The “Securities Clearinghouses” number 5 in Europe (Euroclear) as an example. The “Securities Clearinghouse”, here in the US, is the “Depository Trust Company-DTC”. It operates in conjunction with the European clearinghouses through the Depository Trust Clearing Corporation- DTCC.

Criminal central banking Filth use corporations to insulate themselves personally from criminal charges (Mitt Romney: “Corporations are People, my friend”). Criminal central banking Filth use “Real Estate Mortgage Investment Conduits- REMICs” to insulate their criminal activities from the SEC and IRS.

The Criminal central banking Filth are using pension funds to enrich themselves in “Bucket Trusts” beyond the awareness of the IRS and SEC.

American Banks are in thrall to the Swiss and English-based, central banking Filth.

American Banks that answer to the intentionally-mislabeled, “Federal Reserve” have created thousands-upon-thousands of wholly-fraudulent quasi-foreign pools of mortgages that are designed specifically to launder drug and terror money and rob US pensions, while avoiding the IRS and SEC.

There are over 1200 Trillion counterfeit US dollars in play- owed to thousands-upon-thousands of wholly-fraudulent pools of mortgages (REMIC Trusts), designed in “Boiler Rooms” and hidden thereafter in “Bucket Trusts”.

The European Criminal central banking Filth are “Front-Running” American Mortgages by paying them off on the front end using payments from pension fiduciaries (pension fund managers) and then collecting payments on those mortgages for the duration of the remaining years left on those “loans”.

As an example, they pay off a 100 K loan using other peoples’ pension money and then collect principal and interest on a “loan” they never made for the next 20 -30 years… so, 100 K may yield 200 or 300 thousand.

When pension fiduciaries wonder where the money went the quasi-foreign central banking Filth pay fines collected in American Taxes and then rob the underlying assets (American Homes) in foreclosure fraud (through forgery and so many outright frauds they are too numerous to count).

The state court judges and local law firms are in on it and swoop on the homeowners thus defrauded, to buy the property for pennies on the dollar.

Brain dead morons, Banking Filth and their cheerleaders in the real estate and legal “Professions” have known about these scams for over a decade.

The “stock market” is rigged and holds participants hostage, gold has been artificially depressed for over a decade and the intentionally-mislabeled “Federal Reserve” has held interest rates stagnant for over a decade, while the IRS and SEC look the other way as foreign Criminal central banking Filth loot American Taxpayers and rob the US Treasury in counterfeit “Securities -MBS- with zero legitimate mortgages in them” and over 1200 Trillions in Counterfeit American Currency(bogus, criminal, hyper-fraudulent, never should have been here in the first place, intentionally-mislabeled, Federal Reserve Notes).

1 8 6 ~ Michael Keane 5/2/18

Anonymous
Anonymous
May 2, 2018 9:16 am

The Fed was legislated into existence and can be legislated out.

But there is no political will among the people to do that.

In fact, the overwhelming majority would oppose any change and would fight to preserve the Fed if it was attempted.

Michael Keane
Michael Keane
  Anonymous
May 2, 2018 10:38 am

I disagree. Respectfully, most Americans are unaware the ramifications of the “Organic Act of 1871 (forerunner to the conditions inherent to our present “Corporate-Klepto-Mockracy)”. In similar vein, the “Original 13th Amendment” is an actual, true, historic document and in my view, the fact it was created in the first pace, carries more substance than the argument it was “never ratified by a majority of states – curious fire that English incendiary excursion into DC during the 1812 dust-up”.

By way of comparison, the FRA was never properly ratified either that Christmas, before Woodrow Wilson went too bed to cry himself to sleep the rest of his life.

Curious thing also = Public Awareness.

Anonymous
Anonymous
  Michael Keane
May 2, 2018 10:53 am

The Federal Reserve Act was legislation, not a Constitutional Amendment or Treaty that requires ratification. That is why legislation can be used to revoke it, in fact that is the only practical way it can be.

FWIW, I still see no political will of the people to remove the Fed, where does it rank on the important election issue surveys?

Michael Keane
Michael Keane
  Anonymous
May 2, 2018 1:06 pm

Ratification may also describe a process whereby an Act (as opposed to treaty or amendment) may pass as having gained a majority of votes…

noun acceptance, acknowledgment, approbation, approval, assent, certification, confirmation, consent, corroboration, endorsement, sanction, stamp of approval, substantiation, validation

Without a perceived further splitting of hairs, ratification of a minority of lawmakers, during Christmas Break of the FRA is also “curious”. Insofar as “legislation”? I don’t feel that a proper description; more “slight of hand”.

Had Theresa Mays not lost her Majority, the hard Brexit would have moved well-beyond this conversation, by now… so hope springs… with any luck in the talons of a Bald Eagle.

Anonymous
Anonymous
  Michael Keane
May 2, 2018 6:34 pm

A majority of votes in Congress does not make an act a law except in the case of a veto override.

It becomes law when the President signs it.

Michael Keane
Michael Keane
  Anonymous
May 4, 2018 1:01 am

OK agreed. So, again, a minority in Congress knew about it, while those in opposition seem to have gone down with the Titanic. Wilson signed it and is till crying himself to sleep. My point is the whole thing was accomplished under cover of darkness, while never properly vetted beyond the British live-in agent, House and foreign interests, Warburg et al.

Foot in the Forest
Foot in the Forest
May 2, 2018 11:38 am

For the most part “The People” are totally ignorant of finances in any way. Just look at the fact that once again ninja loans and all the other sub-prime mortgages are being pushed and the people run to there friendly banker to be fleeced again. The federal reserve along with all other central banks and the banksters that run them need to be abolished with a GUN.

Michael Keane
Michael Keane
  Foot in the Forest
May 2, 2018 1:08 pm

You can play on my team anytime

james the deplorable wanderer
james the deplorable wanderer
May 2, 2018 12:13 pm

All the laws and regulations that Congress can dream up will not matter when people around the world refuse dollars as payment. That’s why Quadaffi in Libya had to go, why Saddam Hussein had to go, and why the Petro-Yuan is a threat.
There’s enough awareness out there that when the dollar becomes toilet paper, the executions will start with the bankers, but not end there.

Boat Guy
Boat Guy
May 2, 2018 7:07 pm

The Circle Jerk that is Wall Street to K-Street to Capitol Street is stroking right along ! Pillaging and plundering any shred of hope for a true economic recovery for our Republic .
As our president preached Make America Great Again , I was on board “BUT” the question never answered was by who and with what ? Industries gone , workforce for true heavy industry thrown over the side 40 years ago . You do not rebuild a world class international industrial economy quibbling about $15 bucks per hour . Any trained professional mechanic that could keep the gears turning does not apply for a job with such low wages and that is the bulk of what is available today .
We are not building a world class merchant fleet or railroad to move and shape an economy it’s all BULL SHIT !