Posted on 02/25/2015 5:06:17 AM PST by HomerBohn
Later
REFERENCE Fed Chair Yellen’s assets up 8 percent during 2013
Associated Press ^ | Aug 28, 2014 4:25 PM EDT | Martin Crutsinger / FR Posted by Olog-hai
Federal Reserve Chair Janet Yellen’s assets rose in value by at least 8 percent during 2013, raising their total to between $5.3 million and $14.1 million, according to her latest financial disclosure released Thursday.
Yellen’s biggest asset is a trust fund she set up in 1992 with her husband, George Akerlof, a Nobel Prize-winning economist. The value of the trust fund is estimated at between $1-$5 million.
Yellen’s assets have likely been driven up in value by a rebounding economy and a rising stock market. In 2012, her disclosure form estimated her assets at between $4 million and $13 million. …(Excerpt) Read more at hosted.ap.org ...
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SNORT---Those are the "assets" she claims she has in the US. How much does she have in secret accounts stashed offshore? Plus take a look at when she accumulated the "assets." Forget the stock market. She controls the ups and downs of the bank rates---she and hubby know all the tricks to cash in on that info.
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I'd sure like to see Yellen's entire portfolio. So if we can't audit the fed---we CAN mobilize the Bank Secrecy Act to see what she's up to.
The Bank Secrecy Act should be mobilized----to follow the paper trail and determine how monies changed hands; to determine the scope and dimension of collusion in sub rosa deals and who might be personally profiting.
<><> L/E needs to examine bank accounts.
<><> Joint bank accounts might be used to facilitate the transfer funds from one account to another, and/or wire-transferred offshore;
<><> To cover their tracks, fake invoices might be created to show that money deposited into accounts was being used for legitimate purposes.
<><> Financial schemes scheme might be advanced by issuing phony statements of payments from financial sources that actually covered the transfer of funds for insiders' personal use and/or for redistribution schemes.
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NOTE WELL Under the Bank Secrecy Act, banks are required to establish, implement and maintain programs designed to detect and report suspicious activity indicative of money laundering and other financial crimes. “The Bank Secrecy Act was enacted to protect the public from harm by identifying and detecting money laundering from criminal enterprises, terrorism, tax evasion or other unlawful activities,” the special agent in charge for Internal Revenue Service Criminal Investigation, explained.
Shady banking transactions could be prosecuted under the (1) Bank Secrecy ACT, (2) RICO, and, (3) the Hobbs Act.
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<><> L/E should get ahold of: (1) copies of checks, (2) wire transfers, (3) account statements, (4) invoices, (5) bills, (6) delivery tickets, (7) correspondence including snail mail, e-mail, mobile devices, cell phones, (8) contracts, (9) loan agreements, (10) other account books or official records.
L/E should also explore (a) monies paid to brokers, sub- brokers, (b) family members, (c) mortgage brokers, (d) financial managers, and, (e) real estate agents, brokers, and developers.
<><> L/E should scrutinize bank accounts for suspicious activites: (A) large deposits, (B) funds transferred from one account into another, (C) frequent requests for withdrawals.
<><> Bank records might also show diversions to secret LLC accounts, to money launder and to operate personal ventures;
Tax fraud may also be a factor, facilitated by withdrawals, gift cards purchases, credit card purchases and intra-bank transfers from legal bank accounts into personal accounts, or redistribution schemes.
<><> A huge tipoff is whether bank withdrawals support and luxurious lifestyle including payments for real estate, investment and stock holdings, jewelry, luxury vehicles, resort travel....... and gifts from luxury outlets.
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FBI TIPS PAGE--YOU MAY REMAIN ANONYMOUS ---https://tips.fbi.gov
SUBJECT: Collusion, conspiracy, bribery
IN RE: financial irregularities
REFERENCE: fraud, falsified documents, wire transfers, accounting fraud, etc.
NARRATIVE Taxpayers demand to know the scope and dimension of multiple conspiracies by to collude in sub rosa deals to personally profit and/or to facilitate redistribution schemes of US foreign aid.
OF INTEREST TO LAW ENFORCEMENT The FBI should interrogate individuals for evidence of multiple schemes to falsify official documents to further fraudulent schemes. The FBI should investigate any and all official documents submitted to the courts.
Crimes might include---conspiracy, collusion, falsifying official documents (a felony), money laundering, tax evasion, extortion, theft, misuse of public facilities.
Examine tax returns with a fine-tooth comb.....especially entries for "interest income."
Bflr
The sole function of the Fed today is to keep interest rates and inflation artificially low on paper. Otherwise all debt and entitlement programs would bankrupt us.
SS would go broke within a couple years, and debt payments would eat up most of the budget. There would be zero left to buy votes with pork. No more ‘green energy’ scam, no more ADF ( Aid to Dependent Farmers ), no more government checks to public schools/teachers union, no more make work road construction, and on and on.
All the leeches the liberals support with your tax money would either have to go to work or starve.
Why was Walker able to get reelect in WI? Because even the rank and file working class demonrats are sick of paying the bloated salaries and benefits of state employees!
The findings would probably trigger a world-wide financial crisis.
Forget about an audit. Just shut it down completely. The Fed and its printed money have allowed the corruption and twisting of our politics, government and society in ways most people can’t imagine
And the "private owners" got $1.6 billion in dividends last year, while the non-owner, US Treasury got $78 billion.
If you look at a “U.S. dollar”, it actually says “Federal Reserve note” at the top. In the financial world, a “note” is an instrument of debt.
A note which pays no interest and never has to be repaid. Scary!
Many of the debt-free United States notes issued under President Kennedy are still in circulation today.
United States notes? I thought a “note” is an instrument of debt?
The Federal Reserve determines what levels some of the most important interest rates in our system are going to be set at.
It's true, they set the overnight rate.
The greatest period of economic growth in U.S. history was when there was no central bank.
The greatest period of economic growth in U.S. history was when there were no telephones, cars, Internet, airplanes etc.
In order to pay for all of the government debt that the Federal Reserve would create, a federal income tax was necessary.
The Fed doesn't create the debt, it's the Congresscritters and Presidents who do that.
During the 100 years before the Federal Reserve was created, the U.S. economy rarely had any problems with inflation.
Except for the periods of high inflation and crushing deflation.
She’s freakin’ Yellen!
So, it's the Fed, not Muslim misbehavior pushing war on us? Interesting!
Unfortunately, they already did a GAO audit in 2012 but it wasn’t widely reported, and when it was reported, nobody seemed to care...
And replace it with _________________?
Replace it with THE FREE MARKET
BKM
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