EXPLOSIVE BREAKING NEWS: Deleveraging Escalates ~ Part 2 of 2
By Tom Heneghan, International Intelligence ExpertSunday July 29, 2012
U.S. Treasury Secretary Timothy Geithner
P.S. At this hour, U.S. Treasury Secretary Timothy Geithner is on his way to Germany to meet in secret with German Bundesbank officials and ECB President Mario Draghi.
Item: It was Timothy Geithner and then Bush FRAUD U.S. Treasury Secretary Henry ‘Hank’ Paulson that ordered the fraudulent, illegal conversion of U.S. Treasury funds aka the $1.5 trillion TARP bail out program that was done while the LIBOR rate was being rigged.
Question to U.S. Treasury Secretary Timothy Geithner: Are you bringing a second passport with you?
P.P.S. The Financial Times of London is reporting Bundesbank President Jens Weidmann is reluctant to start a new round of bond purchases in Europe that would increase German exposure to 80% of the derivative costs of the European Central Bank (ECB).
Reference: Several ECB officials speaking off the record believe Timothy Geithner and some crooked electronic traders (are you listening CFTC) are blackmailing the ECB.
So, again, beware of short term artificial asset bubbles. There is no inflation, there is deflation.
Bundesbank President Jens Weidmann has also made it clear that when it comes to a new round of derivatives aka bond purchases the ECB does not have a standard tax collection system that could be used as collateral as does the U.S. Federal Reserve.
In closing we can now report that the CME Group is sitting on an emergency slush fund of $8 billion that could have guaranteed and completely made whole every single PFG investor that had their account illegally liquidated and looted with the assistance of the crooked NFA and CFTC and the compromised bankruptcy judge in Chicago.
Message to CME Group President Terry Duffy:
Chapter 7 bankruptcy does not allow the looting of customer segregated accounts, which are deposits.
Mr. Duffy, you supported bailing out crooked banks. It is now time to bail out your customers and put their money back!