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Ran across this...

JPMorgan and Citigroup are sacrificing themselves in order to collapse the US economy.

"They" know "they" are doomed, and I even suspect that the situation went out of control much more than "they" expected...but hey, now "they" have lots of scapegoats [terrorists and greedy CEOs] that will lead the masses to believe that it was not "their" fault.

But more importantly, many people are unaware that banks are immune from war and any other disaster. You may prosecute bankers but not the banking institutions as a body. There lies the trick!

It is in "their" interest to sacrifice themselves because revealing the truth won't enable "them" to restart the whole fraudulent process after the global economic collapse.

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Extracts from the Constituent Charter of the Bank for International Settlements

(of 20th January 1930)

[Text amended on account of the renumbering of the Articles of the Statutes and sanctioned on 10th December 1969 in accordance with the conditions laid down in Article 1 of the Convention respecting the Bank for International Settlements.]

Whereas the Powers signatory to the Hague Agreement of January, 1930, have adopted a Plan which contemplates the founding by the central banks of Belgium, France, Germany, Great Britain, Italy and Japan and by a financial institution of the United States of America {some reason they can't get themselves to say Federal Reserve?} of an International Bank to be called the Bank for International Settlements;

[...]

1. The Bank for International Settlements (hereinafter called the Bank) is hereby incorporated.

2. Its constitution, operations and activities are defined and governed by the annexed Statutes which are hereby sanctioned.

[...]

5. The said Statutes and any amendments which may be made thereto in accordance with Paragraphs 3 or 4 hereof respectively shall be valid and operative notwithstanding any inconsistency therewith in the provisions of any present or future Swiss law.

[...]

10.The Bank, its property and assets and all deposits and other funds entrusted to it shall be immune in time of peace and in time of war from any measure such as expropriation, requisition, seizure, confiscation, prohibition or restriction of gold or currency export or import, and any other similar measures.

http://www.bis.org/about/chart-ex.htm

Hey MB1, hope all is well! It is so good to see your name again, and have your insight and knowledge on a host of issues. Thanks.

"The Bank, its property and assets and all deposits and other funds entrusted to it shall be immune in time of peace and in time of war from any measure such as expropriation, requisition, seizure, confiscation, prohibition or restriction of gold or currency export or import, and any other similar measures."

It must surely be for the children. Of course, theirs.

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks...will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
Thomas Jefferson - 1809, The Debate Over The Recharter Of The Bank Bill.

"Everything predicted by the enemies of banks, in the beginning, is now coming to pass. We are to be ruined now by the deluge of bank paper. It is cruel that such revolutions in private fortunes should be at the mercy of avaricious adventurers, who, instead of employing their capital, if any they have, in manufactures, commerce, and other useful pursuits, make it an instrument to burden all the interchanges of property with their swindling profits, profits which are the price of no useful industry of theirs."
Thomas Jefferson to Thomas Cooper, 1814. ME 14:61.

Things to ponder.

Too Late
Just Kidding
The White House now believes that hijack ringleader Mohamed Atta met with an Iraqi agent five months before the Sept. 11 attacks

Government as Parent

TITLE 12 - BANKS AND BANKING CHAPTER 4 - TAXATION SUBCHAPTER I - FEDERAL RESERVE BANKS TEXT - Sec. 531. - Exemption from taxation
"Federal reserve banks, including the capital stock and surplus therein and the income derived therefrom, shall be exempt from Federal, State, and local taxation"

Congressman McFadden on the Federal Reserve Corporation - Remarks in Congress, 1934 AN ASTOUNDING EXPOSURE
"Mr. Speaker, on the 13th of January of this year I addressed the House on the subject of the Reconstruction Finance Corporation. In the course of my remarks I made the following statement: In 1928 the member banks of the Fed borrowed $60,598,690,000. from the Fed on their fifteen-day promissory notes. Think of it. Sixty billion dollars payable on demand in gold in the course of one single year. The actual amount of such obligations called for six times as much monetary gold as there is in the world. Such transactions represent a grant in the course of one single years of about $7,000,000 to every member of the Fed.

"Is it any wonder that American labor which ultimately pays the cost of all banking operations of this Country has at last proved unequal to the task of supplying this huge total of cash and credit for the benefit of the stock market manipulators and foreign swindlers? "In 1933 the Fed presented the staggering amount of $60,598,690,000 to its member banks at the expense of the wage earners and tax payers of these United States. In 1929, the year of the stock market crash, the Fed advanced $58,000,000,000 to member banks.

"In 1930 while the speculating banks were getting out of the stock market at the expense of the general public, the Fed advanced them $13,022,782,000. This shows that when the banks were gambling on the public credit of these United States as represented by the Fed currency they were subsidized to any amount they required by the Fed. When the swindle began to fall, the bankers knew it in advance and withdrew from the market. They got out with whole skins- and left the people of these United States to pay the piper. "My friend from Kansas, Mr. McGugin, has stated that he thought the Fed lent money on rediscounting. So they do, but they lend comparatively little that way. The real discounting that they do has been called a mere penny in the slot business. It is too slow for genuine high flyers. They discourage it. They prefer to subsidize their favorite banks by making them $60,000,000,000 advances and they prefer to acquire assistance in the notorious open discount market in New York, where they can use it to control the price of stocks and bonds on the exchanges.

"For every dollar they advanced on discounts in 1928, they lent $33.00 to their favorite banks for whom they do a business of several billion dollars income tax on their profits to these United States. "

Bombs away.