Posted on 11/17/2012 8:43:05 AM PST by Renfield
This week financial news organization CNBC gave some mainstream attention to the largest money laundering and racketeering lawsuit in United States History, in which “Banksters” and their U.S. racketeering partners are being accused of laundering of 43 trillion dollars worth of ill gotten gains.
The lawsuit is said to involve officials located in the highest offices of government and the financial sector.
Since this information was surprisingly revealed by the mainstream news organization there has been a very suspicious and deadly fallout at the CNBC headquarters.
Within hours the original page for the article was taken down, and CNBC senior vice president Kevin Krim received news that his children were killed under very suspicious circumstances.
It seems that the murder happened first and then the page was removed later.
According to mainstream accounts the children’s nanny is responsible for the murders, allegedly stabbing both children.
However, those same mainstream news sources report the highly unlikely story that the nanny slit her own throat just after committing the homicides.
Police have released very little information and although a wider plot has not been officially implicated, it seems very possible that these murders are a show of force against the press organization for releasing such damning information about the most powerful people in the world.
Here is some more information about the lawsuit from the Wall Street Journal:
“In the District Court lawsuit, Spire Law Group, LLP — on behalf of home owner across the Country and New York taxpayers, as well as under other taxpayer recompense laws — has expanded its mass tort action into federal court in Brooklyn, New York, seeking to halt all foreclosures nationwide pending the return of the $43 trillion ($43,000,000,000,000.00) by the “Banksters” and their co-conspirators, seeking an audit of the Fed and audits of all the “bailout programs” by an independent receiver such as Neil Barofsky, former Inspector General of the TARP program who has stated that none of the TARP money and other “bailout money” advanced from the Treasury has ever been repaid despite protestations to the contrary by the Defendants as well as similar protestations by President Obama and the Obama Administration both publicly on national television and more privately to the United States Congress.
Because the Obama Administration has failed to pursue any of the “Banksters” criminally, and indeed is actively borrowing monies for Mr. Obama’s campaign from these same “Banksters” to finance its political aspirations, the national group of plaintiff home owners has been forced to now expand its lawsuit to include racketeering, money laundering and intentional violations of the Iranian Nations Sanctions and Embargo Act by the national banks included among the “Bankster” Defendants. “
Some of the alleged conspirators are Attorney General Holder, Assistant Attorney General Tony West, the brother in law of Defendant California Attorney General Kamala Harris, Jon Corzine (former New Jersey Governor), Robert Rubin (former Treasury Secretary and Bankster), Timothy Geitner, Treasury Secretary, Vikram Pandit (recently resigned and disgraced Chairman of the Board of Citigroup), Valerie Jarrett (a Senior White House Advisor), Anita Dunn (a former “communications director” for the Obama Administration), Robert Bauer (husband of Anita Dunn and Chief Legal Counsel for the Obama Re-election Campaign), as well as the “Banksters” themselves, and their affiliates and conduits.
It is expected that all news on this subject will be removed from CNBC, and that other news organizations will be discouraged from covering such information.
However, screen shots of the original CNBC article were taken to verify the authenticity of this story.
Assassination and brute intimidation are common strategies for the ruling class to use on people who may threaten their agenda.
This is the second situation this week in which a high level executive was the victim of a suspicious attack that seemed very much like an assassination.
The Intel Hub just reported that Nicholas Mockford, a 60 year old British executive for the oil company ExxonMobil was shot dead in front of his wife in an assassination-style killing in Brussels.
We will be keeping a close eye on both of these stories and provide more details as they become available.
Note: You can read the lawsuit here.
Recovery after that was thwarted at that point by various policies including the Fed (as now) inflating. Quick deflation would have restored confidence in banks and gotten saving and lending working again. Adjustments in prices prior to the Great Depression were usually very quick thus recoveries were quick.
There's a quadrillion ways the banks manipulate the value of financial transactions and commodities. Here's a good article on the LIBOR scandal
Libor Woes Threaten to Turn Companies Off Syndicated Loans
Libor is calculated from a daily survey carried out for the British Bankers Association in London, in which the world’s biggest lenders are asked the rate they’re charged to borrow over a variety of short-term maturities in currencies including dollars, euros and yen. Banks are accused of massaging down submissions for the benchmark for $360 trillion of global securities during the financial crisis and artificially increasing them before it.
May the plantiffs' attorneys succeed in this!
On the other hand, what honest judge who values his life would want to take this case?
That's pretty much the pith of this scheme, when you boil it all down.
It is also the same sort of thing that drove both the dot-com and real estate bubbles....
With this dandy little manipulation, we are inexorably stripped of our liberty and property.
If anyone has any doubt that We the People are being systematically destroyed by the Obama Administration, this ought to dispel it.
Thanks for your insight, Renfield!
Yes! Banks want to hold lots of real estate. Sure way to book big profits. How's that been working?
This is why fractional reserve banking and the Federal Reserve were forced upon us
We've had fractional reserve banking as long as banks have taken deposits and loaned a portion of those deposits back out. Hundreds of years. Even under a gold/silver standard. It has nothing to do with the Fed.
Gave?
Recovery after that was thwarted at that point by various policies including the Fed (as now) inflating.
When did the Fed inflate?
Quick deflation would have restored confidence in banks and gotten saving and lending working again.
30% deflation wasn't enough? More would have been better?
It's even easier for an idiot lawyer to pull a number out of his ass. As in this case.
It works quite well for those with long-term perspective...and these people think very long term.
We've had fractional reserve banking as long as banks have taken deposits and loaned a portion of those deposits back out. Hundreds of years. Even under a gold/silver standard. It has nothing to do with the Fed. This scheme is old, and dates at least back to ancient Babylon. The fact that the Fed is only about 100 years old doesn't make this fraudulent confiscation of wealth any less fraudulent. The FED is just one in a series of tools used for theft. By the way, the same bloodlines are implicated all along the passing millenia. Babylon's banksters went to Rome, and then medieval Venice, thence to London, and on to New York.
Yes! Banks want to hold lots of real estate. Sure way to book big profits. How's that been working?
It works quite well for those with long-term perspective...and these people think very long term.
We've had fractional reserve banking as long as banks have taken deposits and loaned a portion of those deposits back out. Hundreds of years. Even under a gold/silver standard. It has nothing to do with the Fed.
This scheme is old, and dates at least back to ancient Babylon. The fact that the Fed is only about 100 years old doesn't make this fraudulent confiscation of wealth any less fraudulent. The FED is just one in a series of tools used for theft. By the way, the same bloodlines are implicated all along the passing millenia. Babylon's banksters went to Rome, and then medieval Venice, thence to
Beep!
Thanks for posting.
When banks need to increase their capital, now, holding money losing real estate doesn't work.
and these people think very long term.
Yes, taking massive losses on real estate is long term thinking. Not taking losses works better, quicker.
This scheme is old, and dates at least back to ancient Babylon.
Yes, banking is old. Not sure why you call it a scheme.
The fact that the Fed is only about 100 years old doesn't make this fraudulent confiscation of wealth any less fraudulent.
Banking is theft? Don't do it, tovarisch.
The FED is just one in a series of tools used for theft.
Don't blame theft when ignorance makes more sense.
LOL! That must be one HUGE A$$. See post #40: Largess? I do not think it means what you think it means.
Hmmm... Obama is money laundering??
30% deflation wasn't enough? More would have been better?
The Fed did various things to try to prevent deflation from 1930 to 1932 (as explained by Rlthbard) but that just prolonged the adjustment. The lengthening of the period of adjustment is what ultimately made the GD much worse. An undershoot (50%?) in prices would have quickly recovered in the subsequent recovery. Our large farming population could have weathered one season of low prices but not several in a row.
I think Jimmy Saville plays into this and Sandusky too, I think there is a vast group of elites that have no morals, they are beyond evil, they do not fear God, they know that this life and the power and material wealth they acquire from it is all they will ever have! They know that when they die, they will spend eternity in hell, so they indulge, and their cups run over with most vile, corrupt, immoral pursuits known to man!
My qualification for “repayment” is that the net:net, ie, that which we’d use in business.
And that is seen to still be negative, per the spreadsheet on the report’s page 3 (not that which you refer to as page 3, which is the third page in the .pdf file).
At the bottom of the spreadsheet, we see that we have $386.77 billion in cash back for $417.55 billion disbursed. ie, We’re still cash negative on the TARP program.
The clowns in DC who claim that we’ve recovered $X billion on our ‘investment in banks’ are playing a sleight-of-hand game here. It’s like some investor saying “Well, in the last three years, I’ve made huge gains on AAPL...” while said investor has been taking a bath on (insert name of industry here), but he’s not taken his losses yet.
To me, the TARP program was a failure in that it prevented capitalism from actually working - punishing the stupid with failure and causing capital to be re-allocated to people who don’t have their head up their posteriors. This failure is going to come back to bite us again... sooner rather than later.
There are a bunch of scandals/crimes coming to light now that are connected, and the elites are frantically trying to cover them up....they know that if one thread unravels the garment, they other threads will follow...and they will be exposed. The same small bunch of miscreants is involved in many crimes.
The people to whom I refer don't need to increase their capital. They already control most of it anyway. In any case, capital is just digits in a ledger. These folks control the ledgers.
Yes, taking massive losses on real estate is long term thinking. Not taking losses works better, quicker.
They didn't take losses. The taxpayers did. And the Banksters ended up with real assets.
Yes, banking is old. Not sure why you call it a scheme. You didn't pay attention to post #38, did you?
Banking is theft? Don't do it, tovarisch.
Manipulating interest rates and currency for the purpose of gaining control of assets at a fraction of their real value is indeed theft.
Don't blame theft when ignorance makes more sense.
The Banksters aren't ingnorant. They are fully informed, "read in", and very cunning. But their perfidy has caught up with them.
You don't, by any chance, work for the Federal Reserve,do you?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.