Part of a report detailing the financial fraud, investigations leading to mass arrests involving Federal Reserve and the IRS
Saturday, July 21, 2012
IF THIS DOESN’T CONVINCE YOU TO GET OUT OF THE STOCK MARKET AND INVESTMENTS PLUS GET YOUR MONEY OUT OF BANKS AND CREDIT UNIONS ESPECIALLY Citigroup, Morgan Stanley, Merrill Lynch and Bank of America. (And JP Morgan Chase)
US FEDERAL MARSHALS ARE RESPONSIBLE FOR THIS
The CFTC is the financial investigation branch of the Department of Justice. The personnel who enforce the law on behalf of the Department of Justice are the US federal Marshals.
The US federal Marshals are the only entities legally capable of taking down this cabal — which has seized control of the world and its resources to an astonishing degree.
The Marshals are allowed to cross state borders, and can enlist the support of the police and the military to aid in their enforcement of the law.
These tools are absolutely critical in defeating such a vastly interconnected entity.
All of these details fit perfectly with the “Mass Arrests” scenario we’ve been heavily tracking on this website since last November.
In order to do mass arrests, you have to start with mass charges — leading to mass court cases.
The Department of Justice has now kicked this process into high gear. As you will see, the outraged public is already calling for mass arrests as the scope of the conspiracy sinks in.
THE FEDERAL RESERVE SYSTEM
At the center of this octopus of global control is the Federal Reserve System. It was originally called the National Reserve System, and was presented in 1911 and 1912 via the Aldrich Plan.
The idea was to outsource the control of the US financial system to a private consortium of international bankers.
Americans then essentially rent their money from these bankers — and pay them for the honor of using it.
As billionaires, the trust and collateral of these bankers is supposedly superior to any “reserve” within the US government itself.
This vintage cartoon shows how there was a widespread understanding, in the early 20th Century, of the danger we faced if we allowed private bankers to seize control of our financial system.
WHAT WERE THE RESULTS?
This problem did not begin in 1911. Once you have read Financial Tyranny, you will be well aware that it goes back to at least the 1700s.
The results of the Federal Reserve were elegantly summed up by the Ron Paul site:
Ron Paul Site — Audit the Federal Reserve
The Federal Reserve is the chief culprit behind the economic crisis.
Its unchecked power to create endless amounts of money out of thin air brought us the boom and bust cycle — and causes one financial bubble after another.
Since the Fed’s creation in 1913, the dollar has lost more than 96% of its value, and by recklessly inflating the money supply, the Fed continues to distort interest rates — and intentionally erodes the value of the dollar.
For the past 30 years, Congressman Ron Paul has worked tirelessly to bring much-needed transparency and accountability to the secretive bank.
And in 2009 and 2010, his unfaltering dedication showed astonishing results: HR 1207, the bill to audit the Federal Reserve, swept the country and made the central bankers shudder at their desks.
The bill passed as an amendment both in the House Financial Services Committee and in the House itself. But eventually the most significant portions of the bill were derailed. (Full story here.)
NOT THIS TIME
Ron Paul’s original bill led to a shocking disclosure.
The Federal Reserve paid 26 trillion dollars in bailouts — with American money it printed, without our permission — to its own member banks surrounding the financial crash of 2008.
This has still not created anywhere near the degree of outrage that it should have. Corporate media has completely ignored it — because to publicize it would speed their own destruction.
Here is a small part of the letter where Congressman Alan Grayson reveals how he found this number, in the newly-audited Federal Reserve balance sheets, to John Hively — “The World’s Most Accurate Economic Forecaster Since 1989”.
CONGRESSMAN GRAYSON: I wouldn’t want anyone to think that I’m dramatizing or amplifying what this GAO report says, so I’m just going to list some of my favorite parts, by page number.
Page 131 – The total lending for the Fed’s “broad-based emergency programs” was $16,115,000,000,000. That’s right, more than $16 trillion. The four largest recipients, Citigroup, Morgan Stanley, Merrill Lynch and Bank of America, received more than a trillion dollars each.
The 5th largest recipient was Barclays PLC. The 8th was the Royal Bank of Scotland Group, PLC. The 9th was Deutsche Bank AG. The 10th was UBS AG. These four institutions each got between a quarter of a trillion and a trillion dollars. None of them is an American bank.
Page 205 – Separate and apart from these “broad-based emergency program” loans were another $10,057,000,000,000 in “currency swaps.” In the “currency swaps,” the Fed handed dollars to foreign central banks, no strings attached, to fund bailouts in other countries….
These currency swaps and the “broad-based emergency program” loans, together, totaled more than $26 trillion. That’s almost $100,000 for every man, woman, and child in America.
That’s an amount equal to more than seven years of federal spending — on the military, Social Security, Medicare, Medicaid, interest on the debt, and everything else. And around twice America’s total GNP….
If the Fed had extended $26 trillion in credit to the American people instead of Wall Street, would there be 24 million Americans today who can’t find a full-time job?
NOW THE AUDIT HAS THE POTENTIAL TO BE COMPLETED
However, as the above quote from the Ron Paul site reveals, “the most significant portions of the bill were derailed.”
That all may have just changed. The magic date should sound quite familiar by now — June 27, 2012.
June 27: Ron Paul’s Audit The Fed Bill Clears House Panel, Unopposed!….