Federal Reserve Now Out of Control
by Tom Heneghan
by Tom Heneghan
Sunday October 24, 2010
UNITED STATES of America - It can now be reported that German Chancellor Angela Merkel recently confronted both U.S. Treasury Secretary Timothy Geithner and Federal Reserve Chairman Bernard Bernanke at the G-20 Economic Conference in Gyeongju, South Korea.
Merkel accused both Geithner and Bernanke of blatant manipulation of the EURO currency on the behalf of foreign currency derivatives currently held by noted criminal brokerage firms aka banks Goldman Sachs and Bank of New York Mellon, as well as Warren Buffet's Berkshire Hathaway.
German Chancellor Angela Merkel (L), Federal Reserve Chairman Bernard Bernanke and U.S. Treasury Secretary Timothy Geithner AP
Merkel presented 'smoking gun' evidence supplied to her by European INTERPOL in Brussels, Belgium to Geithner and Bernanke that the U.S. Fed used secret offshore hedge funds controlled by Goldman Sachs in Singapore, Australia and Dubai to inject billions of fiat dollars and Japanese Yen into the overnight forex aka foreign currency markets that artificially lifted the value of the EURO currency against the U.S. dollar while simultaneously boosting the price of gold and crude oil futures contracts.
This financial Black Op title "Flush the Toilet", (a plot to depreciate the value of the U.S. currency), which was enabled by the Central Bank of Japan, utilized a form of electronic order entry from the aforementioned trading platforms called 'high frequency trading'. This sophisticated technology, which is a high bred spin off of the noted PROMIS software technology, enabled the Federal Reserve, along with the criminal brokerage firms Goldman Sachs and Bank of New York Mellon, to get a 3 to 5 second lead time on all electronic currency orders.
This financial black op was also enabled by the corporate-controlled, fascist, extortion-friendly U.S. media, which bombarded the American People, along with the rest of the world, with a 24-hour blitzkrieg of alleged terrorist threats.
Again, folks, there is NO war on terror, there NEVER has been a war on terror. There has been a war directed on the American People and their Constitution by the criminal financial elite that occupy the United States. Once you have read this intelligence briefing, folks, you will understand, again, who the REAL terrorists are.
Believe it or not, this electronic high frequency trading allows the criminal banking elite to take advantage of what is called a forex spread on foreign currency transactions, which allows them to widen the spread and actually be on both sides of the market at the same time. This is called, folks, in layman's terms "electronic bucketing".
Reference: While all of this criminal financial chicanery continues the alleged government financial oversight agencies aka the SEC, etc. ignore all of this criminal misconduct by the criminal banking elite (like they ignored the criminal activity of the Madoff and Stanford Ponzi Schemes) and, instead, are declaring war on small retail brokerage houses utilizing illegal, UN-Constitutional phone tapping and entrapment methodology. Their modus operandi is to accuse the retail brokerage house of charging excessive commission aka you charge the customer $50 not $45.
Listen to this, folks. Most of the high level board members who represent these government financial regulatory oversight agencies are linked to none other than the criminal banking interests aka Goldman Sachs and Bank of New York Mellon that have LOOTED the U.S. Treasury and then got 'bailed out' for doing it.
Message to criminal banking elite: Your job is simple, don't make it complicated. You are entrusted with the deposits and life savings of your customers to be protected. Other than that your role should be to loan money for the purchase of automobiles and homes. It is clear now that you can not be trusted to do anything else.
Question for the day: What is an investment banker? An investment banker is a whore and the current regulatory agencies are their pimps.
Note: There is no paper trail on electronic trading in overseas markets or offshore hedge funds.
This derivative daisy chain is tied to these numerous U.S. criminal banks aka financial terrorists, who were originally bailed out by the former illegal BushFRAUD Administration with the assistance of current U.S. Speaker of the House Nancy Pelosi aka Nancy Ponzi.
Item: Both BushFRAUD and Nancy Ponzi threatened the U.S. Congress at the time that if they did not 'bail out' these criminal banking interests with U.S. Taxpayers' money a state of "Martial Law" would be declared on American soil.
After receiving their UN-Constitutional 'bail out', these criminal banks, with the assistance of U.S. Taxpayers' money aka TARP, continued their illegal proprietary derivative trading, which continues to this day with the full blessing of the puppet Obama Administration.
P.S. The current derivative holdings of the Fed as well as Goldman Sachs and Bank of New York Mellon are just a spin off of the original toxic assets and derivatives that almost destroyed the U.S. economy in September of 2008. These are actually the same derivatives that were tied to the original 2008 'bail out' of the original Bank of America assisted 2008 'bail out' of Bear Stearns.
All Bank of America has done since 2008 is to compound these toxic mortgage-backed securities derivatives, use them as alleged margin to trade forex foreign currencies, and now create a new foreclosure fiasco that will then call for another 'bail out' all financed by the U.S. Taxpayers' money.
Current U.S. Secretary Treasury Timothy Geithner continues to enable this outrageous criminal activity that is taking place with these banks and is now nothing but a bag man for Federal Reserve Chairman Bernard Bernanke.
Let us make it clear, folks. These criminal banks aka "financial terrorists" never cleaned up their own books, received free money aka U.S. Taxpayers' money from the American People and continue to engage in a massive worldwide ponzi scheme that is a dead end and a road to financial ruin.
P.P.S. When you hear financial reports on the news media like Bloomberg News (nothing but a front for the conspiratorial Federal Reserve), about more "quantitative easing" that the Federal Reserve alleges will stimulate the U.S. economy it is nothing but BULLSHIT!
Quantitative easing is nothing more than a continued 'bail out' and propping up of these corrupt financial institutions(still loaded up with toxic asset derivatives) that have LOOTED the U.S. Treasury and reduced America to a banana republic.
Message to President Obama: If you are going to spend a trillion dollars to revive the U.S. economy you may want to create Roosevelt-type era actual jobs on American soil, eliminate the U.S. payroll tax, and finally, Mr. Obama, implement the Wanta-Reagan-Mitterrand Protocols that would eliminate the U.S. budget deficit and create millions of new American jobs at NO Taxpayers' expense with the high speed rail project, the AmeriRail.
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