The Department of Justice — home of the US Marshals — has now blown the lid off of the biggest financial scandal in human history… after a highly covert three-year investigation.
The LIBOR scandal has started the Great Revealing of Financial Tyranny. Mass arrests must begin with mass charges, and mass court cases — and that has now arrived. Disclosure of many great hidden truths will follow.
Indeed, the world just found out that all the biggest banks are in bed together.
They are all implicated in a vast conspiracy to lie to the public, and create artificial investor confidence that benefits no one but themselves.
Mass criminal charges are already being prepared — by labor unions, local banks, local governments, state governments and federal governments — as a result of this move by the Department of Justice.
All the evidence is now freely available, as we will see — and the story is nearly moving faster than we can keep up with at this point, with new developments on a day-by-day basis.
SOME PEOPLE PROMOTE A GENOCIDAL BELIEF SYSTEM
Some people are so war-weary that they refuse to believe anyone in government, military, finance, intelligence or the judiciary could be a trustworthy human being — or want to do the right thing.
As I have said before, this is ultimately a genocidal belief system that seeks to paint the world in black and white, reinforce victim consciousness, and create an “us” versus “them.”
Everyone in the “us” category is universally good… and everyone in the “them” category is diabolically evil.
The evil ones must be utterly tortured and destroyed — with prejudice. If even one of them survives, it will all grow back again.
If this sounds like the teachings of a fundamentalist cult, you are absolutely correct.
Hitler was only one of many who put these types of thoughts into practice.
The reality is that humans are complex creatures. No one is “all good” or “all bad.”
Each person is quite capable of thinking for themselves — regardless of where they work.
Plenty of people now realize that the goals and aspirations of this cabal could literally destroy our entire planet.
We cannot simply stand back and watch it happen. Actions must be taken.
THE NUMBER OF “GOOD GUYS” IS NOW AS HIGH AS 75 PERCENT
Between 70 to 75 percent of the United States military community is now aligned against the cabal as of this past week.
This is according to top Pentagon sources I am in contact with, by one degree of separation — as a result of years of building up insider contacts as a public investigator.
Critical steps have been taken to remove powerful opposing forces that were loyal to the cabal — who would have sabotaged this planetary healing process.
Many brave men and women have put their lives on the line to uphold their Oath of Enlistment — and defend our freedom.
They deserve our respect and support.
There is nothing more dangerous on Earth than to take on the ruling cabal. This also makes it a uniquely powerful act of valor.
As a result of these heroic efforts — including criminal investigations — we are now seeing a Point of No Return for the global bankers.
If you don’t grasp that yet, the wealth of excerpts you are about to read may well change your mind.
THEY HAVE BEEN WEAKER THAN WE REALIZED ALL ALONG
In truth, these financial institutions have been much weaker than they led us to believe for years now — since at least 2007.
They have played around with their own credit reports to convince everyone that they are still a worthwhile investment.
If they had told us the truth about how much trouble they were in, they would probably have already been exposed and defeated.
A vast international alliance has been financially choking off the Cabal for years now — knowing that their collapse is inevitable. They are still too powerful to be exposed until a collapse becomes visible to all.
Their fraud is so vast that it encompasses every single type of financial investment there is — stocks, bonds, commodities, currency, mutual funds, derivatives, mortages, loans, you name it.
Three scientists from the Swiss Federal Institute of Technology in Zurich — Vitali, Glattfelder and Battiston — recently found conclusive proof that the world is being run by a vast interlocking directorate.
The computer power, database and networking capabilities necessary to prove this point were not available until recently.
Glattfelder’s team unleashed an impressive armada of supercomputers on Orbis 2007 — a very elaborate database of the top 37 million corporations and individual investors worldwide.
The results were absolutely stunning.
If you don’t mind “getting your hands dirty” with scientific lingo, this excerpt from page 3 of their study explains more about the database and what they found. I have added emphasis where appropriate.
We start from a list of 43060 TNCs [Trans-National Corporations] identified according to the OECD [Organization for Economic Co-operation and Development] definition, taken from a sample of about 30 million economic actors contained in the Orbis 2007 database (see IS Appendix, Sec. 2).
We then apply a recursive search (Fig. S1 and SI Appendix, Sec. 2) which singles out, for the first time to our knowledge, the network of all the ownership pathways originating from and pointing to TNCs [Trans-National Corporations] (Fig. S2).
The resulting TNC network includes 600508 nodes and 1006987 ownership ties….
MORE ABOUT THE DATABASE
It may not seem possible that one database could generate the findings you are about to see.
Therefore, for those who are interested, I want to point out additional information that appears on page 12, regarding the Orbis database and how it was used.
The Orbis 2007 marketing database comprises about 37 million economic actors, both physical persons and firms located in 194 countries, and roughly 13 million directed and weighted ownership links (equity relations).
We find that transnational corporations form a giant bow-tie structure — and that a large portion of control flows to a small, tightly-knit core of financial institutions.
This core can be seen as an economic “super-entity” that raises new important issues both for researchers and policy makers….
A CORE OF 1,318 COMPANIES THAT RUN THE SHOW
The Swiss team revealed that a very small ‘core’ of 1,318 companies was in direct control of many more corporations. In total, these corporations earned 20 percent of the world’s wealth, as we will see.
This ‘core’ is the first level of the “bow-tie” structure they discovered. The 1,318 companies were the “knot” of the bow-tie, which extended out and entangled many other corporations.
This excerpt from page 5 is where they first mention the core:
Although they represented 20 per cent of global operating revenues, the 1318 [corporations] appeared to collectively own, through their shares, the majority of the world’s large blue chip and manufacturing firms — the “real” economy — representing a further 60 per cent of global revenues….
[This] core of 1318 companies [had] interlocking ownerships. Each of the 1318 had ties to two or more other companies, and on average they were connected to 20 [other corporations].
A STUPEFYING AND HUMBLING DISCOVERY
This kind of discovery can actually make your brain hurt.
When we find out that 80 percent of all the money being earned in the world is all going into a centralized network, that’s another way of saying “Everything is Under Control.”
The remaining 20 percent of “hold-outs” are probably in foreign nations who somehow managed to resist this vast Cabal.
The 80-percent majority includes pharmaceutical companies, clothing manufacturers, agriculture providers, gadget-makers, mining consortiums, telecommunications companies, defense contractors, food manufacturers and the media complex.
It’s what we eat, what we drink, what we wear, what we drive, what we use, what we learn and what we are informed by.
In contrast, we find that only 737 top holders accumulate 80% of the control over the value of all TNCs [trans-national corporations] (see also the list of the top 50 holders in Tbl. S1 of SI Appendix, Sec. 8.3).
TEN TIMES MORE CONTROL THAN THEY SHOULD HAVE BY PROFITS ALONE
And that’s still not all.
The “top actors” within this group of 737 corporations have ten times more control than they should — if the control was only based on how much money they are earning.
When the team further untangled the web of ownership, it found much of it tracked back to a “super-entity” of 147 even more tightly knit companies — all of their ownership was held by other members of the super-entity — that controlled 40 per cent of the total wealth in the network.
THE TOP 147 ALSO APPEAR TO CONTROL 80 PECENT OF THE WORLD’S WEALTH, IN TOTAL
Let’s not forget that these 147 companies appear to be in complete control of the 737 corporations that we were just talking about.
This was very difficult to find, and could not have been revealed without massive computer power — which almost borders on artificial intelligence.
Therefore, we now know that this “super-entity” of 147 companies likely controls 80 percent of all the money to be earned in the world.
Without the advanced technology of supercomputers and chaos theory, no one would have been able to discover this.
History has caught up to the Powers that Were.
THE SAME PEOPLE RUN THE FEDERAL RESERVE
Next question: What kind of companies do you think these top 147 corporations are? Remember – they control a staggering 40 percent of the world’s wealth.
The top financial institutions within the “super-entity” should sound pretty familiar to you by now.
They include Barclays Bank, JP Morgan Chase & Co., Merrill Lynch, UBS, Bank of New York, Deutsche Bank and Goldman Sachs.
Multiple investigators have concluded that these same financial institutions are the private banks that run the Federal Reserve.
Our Swiss scientists did provide us with a list of the top 50 of these corporations — fully one-third of the whole problem.
THE TOP 50 COMPANIES RULING THE WORLD
This list is featured in page 32 of the paper. From left to right, we see the Rank of the company, the Economic Actor Name, a two-digit Country code, a NACE Code, their Network Position, and their Cumulative Network Control (TM, %)
The lower the Cumulative Network Control number you see at the far right, the higher the amount of power they have.
Notice right away that Barclays Bank is the number one most powerful corporation in the entire hidden network — based on this analysis.
1 BARCLAYS PLC GB 6512 SCC 4.05
2 CAPITAL GROUP COMPANIES INC, THE US 6713 IN 6.66
3 FMR CORP US 6713 IN 8.94
4 AXA FR 6712 SCC 11.21
5 STATE STREET CORPORATION US 6713 SCC 13.02
6 JP MORGAN CHASE & CO. US 6512 SCC 14.55
7 LEGAL & GENERAL GROUP PLC GB 6603 SCC 16.02
8 VANGUARD GROUP, INC., THE US 7415 IN 17.25
9 UBS AG CH 6512 SCC 18.46
10 MERRILL LYNCH & CO., INC. US 6712 SCC 19.45
11 WELLINGTON MANAGEMENT CO. L.L.P. US 6713 IN 20.33
12 DEUTSCHE BANK AG DE 6512 SCC 21.17
13 FRANKLIN RESOURCES, INC. US 6512 SCC 21.99
14 CREDIT SUISSE GROUP CH 6512 SCC 22.81
15 WALTON ENTERPRISES LLC US 2923 T&T 23.56
16 BANK OF NEW YORK MELLON CORP. US 6512 IN 24.28
17 NATIXIS FR 6512 SCC 24.98
18 GOLDMAN SACHS GROUP, INC., THE US 6712 SCC 25.64
19 T. ROWE PRICE GROUP, INC. US 6713 SCC 26.29
20 LEGG MASON, INC. US 6712 SCC 26.92
21 MORGAN STANLEY US 6712 SCC 27.56
22 MITSUBISHI UFJ FINANCIAL GROUP, INC. JP 6512 SCC 28.16
23 NORTHERN TRUST CORPORATION US 6512 SCC 28.72
24 SOCIÉTÉ GÉNÉRALE FR 6512 SCC 29.26
25 BANK OF AMERICA CORPORATION US 6512 SCC 29.79
26 LLOYDS TSB GROUP PLC GB 6512 SCC 30.30
27 INVESCO PLC GB 6523 SCC 30.82
28 ALLIANZ SE DE 7415 SCC 31.32
29 TIAA US 6601 IN 32.24
30 OLD MUTUAL PUBLIC LIMITED COMPANY GB 6601 SCC 32.69
31 AVIVA PLC GB 6601 SCC 33.14
32 SCHRODERS PLC GB 6712 SCC 33.57
33 DODGE & COX US 7415 IN 34.00
34 LEHMAN BROTHERS HOLDINGS, INC. US 6712 SCC 34.43
35 SUN LIFE FINANCIAL, INC. CA 6601 SCC 34.82
36 STANDARD LIFE PLC GB 6601 SCC 35.2
37 CNCE FR 6512 SCC 35.57
38 NOMURA HOLDINGS, INC. JP 6512 SCC 35.92
39 THE DEPOSITORY TRUST COMPANY US 6512 IN 36.28
40 MASSACHUSETTS MUTUAL LIFE INSUR. US 6601 IN 36.63
41 ING GROEP N.V. NL 6603 SCC 36.96
42 BRANDES INVESTMENT PARTNERS, L.P. US 6713 IN 37.29
43 UNICREDITO ITALIANO SPA IT 6512 SCC 37.61
44 DEPOSIT INSURANCE CORPORATION OF JP JP 6511 IN 37.93
45 VERENIGING AEGON NL 6512 IN 38.25
46 BNP PARIBAS FR 6512 SCC 38.56
47 AFFILIATED MANAGERS GROUP, INC. US 6713 SCC 38.88
48 RESONA HOLDINGS, INC. JP 6512 SCC 39.18
49 CAPITAL GROUP INTERNATIONAL, INC. US 7414 IN 39.48
50 CHINA PETROCHEMICAL GROUP CO. CN 6511 T&T 39.78
YES, THERE IS A MONOPOLY — AND THAT POSES SEVERE RISKS
The next big question is whether this monopoly is engaged in cartel-style corruption. Do they secretly conspire to rig the markets and profit extensively?
The Swiss scientists used the term “bloc” to describe such a cartel, as we will see in a bit.
In this first excerpt from the Discussion section, they reveal that there is no direct evidence yet that this is being done — but the implications are fearsome if there is.
Secondly, what are the implications for market competition?
Since many TNCs in the core have overlapping domains of activity, the fact that they are connected by ownership relations could facilitate the formation of blocs, which would hamper market competition .
Remarkably, the existence of such a core in the global market was never documented before and thus, so far, no scientific study demonstrates or excludes that this international “super-entity” has ever acted as a bloc.
THIS IS NOT AN UNLIKELY SCENARIO
As we go on from here, the Swiss scientists remind us of other examples of cartel-style “blocs” that are already on the public historical record.
However, some examples suggest that this is not an unlikely scenario.
For instance, previous studies have shown how even small cross-shareholding structures, at a national level, can affect market competition in sectors such as airline, automobile and steel, as well as the financial one [14, 13].
At the same time, antitrust institutions around the world (e.g., the UK Office of Fair Trade) closely monitor complex ownership structures within their national borders.
[DW: Here, the scientists never consider that the regulatory agencies could also be compromised.]
The fact that international data sets as well as methods to handle large networks became available onlyvery recently, may explain how this finding could go unnoticed for so long….
THE SCIENTISTS DIDN’T WANT TO STICK THEIR NECKS OUT
To be fair, these scientists did say this could all be due to the magic of Chaos theory.
They said this could all be a “logical phase” of the “self-organizing” nature of complex systems – such as the global economy:
“Such structures are common in nature,” says Sugihara…. Or as Braha puts it: “The Occupy Wall Street claim that 1 per cent of people have most of the wealth reflects a logical phase of the self-organising economy.”
So, the super-entity may not result from conspiracy. The real question, says the Zurich team, is whether it can exert concerted political power.
Driffill feels 147 is too many to sustain collusion. Braha suspects they will compete in the market but act together on common interests….
“It’s disconcerting to see how connected things really are,” agrees George Sugihara of the Scripps Institution of Oceanography in La Jolla, California, a complex systems expert who has advised Deutsche Bank.
THE END OF THE PAPER IS WORDED MORE BOLDLY
You never waste words when you write up a scientific paper after years’ worth of hard work. Bearing that in mind, read the last paragraph of the actual paper itself:
Again, as of June 27, 2012, action was taken against Barclays Bank by the Commodities and Futures Trading Commission, or CFTC, to make this knowledge public — on a mass scale — for the very first time.
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!
The House Oversight Committee easily cleared legislation Wednesday that would require a top-to-bottom audit of the Federal Reserve.
The bill, sponsored by Rep. Ron Paul (R-Texas), was advanced by the committee on a bipartisan voice vote with no vocal opposition.
The measure, which has garnered 257 co-sponsors from both parties, would require the Government Accountability Office (GAO) to conduct a full audit of the Fed’s operations, including its monetary policy deliberations, for the first time….
Before the audit bill cleared the oversight committee on Wednesday, ranking member Elijah Cummings (D-Md.) attempted to introduce an amendment that would prevent the GAO from auditing the Fed’s deliberations on monetary policy.
Cummings withdrew the amendment after Chairman Darrell Issa (R-Calif.) voiced opposition, saying it “essentially guts this bill.”
Issa maintained it was ironic that Congress took an intense interest in the $2 billion and counting in losses suffered recently by JPMorgan Chase when it “pales in comparison” to the Fed’s multi-trillion dollar portfolio.
“It is long past time for a real audit,” he said.
Fed Chairman Ben Bernanke has previously opposed congressional attempts to audit the Fed’s monetary policy deliberations, saying it would expose the politically independent institution to lawmaker pressure.
VERY INTERESTING THAT BOTH OF THESE THINGS HAPPENED ON THE SAME DAY
I find it very interesting that the Department of Justice blew the whistle on the LIBOR scandal on the same day that the new Audit the Fed bill passed the House Committee.
Clearly there is a “read between the lines” message being given here — for those who are paying attention.
The Federal Reserve IS the heart of the “cartel” of bankers that are manipulating the LIBOR rate.
It is safe to say that the Federal Reserve and its affiliates were completely caught off guard by this surprise one-two punch — and have been scrambling to contain the damage ever since.
Though this has now become a tremendously significant issue in Great Britain, the controlled US monopoly press has essentially been plugging its ears and humming, hoping it will just go away.
Just as I was preparing to publish this, we had another tragic mass shooting in Colorado.
Once you’ve read Financial Tyranny, you may start to wonder if these “lone nut” assassins are really acting alone.
Stories like this can dominate the headlines for weeks — and wash away other, embarrassing issues for the Cabal in the meantime.
“Viewpoint” host Eliot Spitzer, Matt Taibbi, Rolling Stone contributing editor, and Dennis Kelleher, president and CEO of Better Markets, analyze the Libor interest rate–rigging scandal engulfing the banking industry.
Barclays CEO Bob Diamond recently resigned after the bank was fined $453 million for its part in the scandal, which involved manipulating the London Interbank Offered Rate (Libor), a key global benchmark for interest rates, by essentially “faking their credit scores,” according to Taibbi.
And as Taibbi explains, Barclays couldn’t have acted alone.
“It can’t just be Barclays and the Royal Bank of Scotland. In fact, it can’t even be four banks or even five banks,” he says.
“Really, in the end it’s probably going to come out that it’s going to be all of them … involved in this. And that’s what’s critical for people to understand: that this is a cartel-style corruption.”
Kelleher argues that the Libor scandal is proof that the financial industry “is corrupt and rotten to its core.”
“The same executives [using] the same business model that crashed the entire financial system in ’08 are still running these banks,” he says.
Barclays has been fined £290m for attempting to manipulate the world’s benchmarking borrowing rate in a blow to the bank’s reputation that has raised questions over the future of chief executive Bob Diamond.
The Financial Services Authority fined Barclays a record £60m, saying staff at the bank had repeatedly made false submissions to help set the London Interbank Offered Rate (Libor).
The rate is used to fix the cost of borrowing on mortgages, loans and derivatives worth more than $450 trillion (£288 trillion) globally.
Investigators from the FSA and the US Commodity Futures and Trading Commission said they had foundevidence that Barclays had tried to manipulate Libor for several years in the run up to the financial crisis and in its aftermath.
In one message sent to a Barclays employee involved in the bank’s Libor submission, a trader asked for the rate to be set “as high as possible today”, to which the unnamed staff member replied “sure”.
In another, a trader from an unnamed rival bank thanks a Barclays trader for successfully getting the lender’s Libor rate lowered, saying: “Dude. I owe you big time! Come over one day after work and I’m opening a bottle of Bollinger.”
About a dozen banks are being investigated as part of the Libor probe, including state-backed lenders Lloyds Banking Group and Royal Bank of Scotland, as well as many of the largest US and European investment banks.
A SUMMARY OF THE EMAILS
The Department of Justice personnel from the Commodity Futures Trading Commission went in, on a highly secretive basis, and collected emails implicating the Cabal in this vast scandal.
Here, the UK Telegraph summarizes those emails — on the day this all broke out.
June 27: Key Emails Revealing How Barclays Manipulated LIBOR
The report from the US Commodity Futures Trading Commission (CFTC) highlights communications between Barclays traders and those tasked with submitting Libor estimates which it claims show an attempt to manipulate rates on “numerous occasions and sometimes on a daily basis”.
CHRONOLOGY OF EVENTS ON THE DAY THE SCANDAL BROKE
Events moved at lightning speed in the UK when the scandal broke. Here is a link to a summary of what happened that day.
David Cameron says Barclays has “serious questions to answer” over Libor fixing and George Osborne describes the scandal as a “shocking indictment” of the banks amid calls for the bank’s chief executive Bob Diamond to resign.
BRITAIN’S TOP BUSINESS LOBBYING GROUP CALLS LIBOR SCANDAL “DEPLORABLE”
As Bob Diamond announces he won’t step down over the rate-fixing scandal, Sky News takes a look at the controversial man behind the headlines.
GERMAN PRESS BLOWS THE WHISTLE ON THE VATICAN
Rothschild’s Corrupt JP Morgan Infiltrates The Vatican
Rothschild is after your mind and the greatest roadblock to serfdom is The Holy Catholic Church. They have been demonized by the cartel beyond culpability, in order to quash the educating force of the soul’s morality in mankind.
One can easily recognize the usurpation modus of the cartel in Congress, the White House, the Judicial, World Wars, & the Financial such as the Vatican Bank.
FYI – This usurpation modus is called taqiyya or kitman, which was used by the muslims to infiltrate the Holy Catholic Church – which then gave rise to the Spanish Inquisitions to expose the heretics.
When it comes to tyranny, the measure of culpability is based upon the extant of corruption and one’s freedom of will. One’s freedom of will may be diminished by outside ulterior suppression and thus less culpable.
The Epicenter for this global corporate cabal is Rothschild’s City Of London! The Vatican is a victim of cabal usurpation as is the U.S.
Many investigators claim that the Vatican is at the epicenter of this vast, interlocking global corporate cabal.
The people orchestrating the mass arrests from the inside also know this — based on information I and others have gathered.
On July 2nd, an important article appeared in the German press about the ever-accelerating Vatican Bank scandal, which began kicking into high gear as of June 5th, 2012.
This is all part of the orchestrated series of disclosures that must precede the mass arrests.
July 2: Growing Vatican Bank Scandal Threatens Catholic Church Image
The Vatican scandal over shady bank accounts and millions in suspect transfers began shortly before sunrise on June 5 on Via Giuseppe Verdi, a picturesque street in the old part of Piacenza, a town in northeastern Italy….
The documents confiscated from Gotti Tadeschi, a former confidant of the pope, provided Italian law-enforcement officials insight into the innermost workings of the Vatican bank.
The secret dossier includes references to anonymous numbered accounts and questionable transactions as well as written and electronic communications reportedly showing how Church banking officials circumvented European regulations aimed at combating money-laundering.
A Possible Motive
The drama unfolding in the Vatican is now heading toward a climax….
Several high-ranking officials within the Curia viewed the bank, officially known as the Institute for Works of Religion (IOR), as something akin to a trust company for clandestine monetary transactions that is not only used by the Church, but allegedly also by the mafia as well as corrupt politicians and companies.
In one of the seized Gotti Tedeschi memos, he wrote: “I’ve seen things in the Vatican that scare me.”
It is a clear turning, one which transforms the so-called “Vatileaks” affair into a financial scandal that could seriously damage the reputation of the Holy See.
Internal correspondence dated May 22 from a member of the bank’s supervisory board to the Vatican’s Secretariat of State notes that the Vatican bank is presently “in an extremely fragile and precarious position”and that the situation had reached “a point of imminent danger.”….
THE VATICAN LEADERSHIP IS ALARMED
As we continue with our excerpt, we see just how deeply this scandal is affecting the Vatican. This has the potential to break into mainstream consciousness on a huge level.
The Vatican leadership is alarmed. Archbishops and cardinals are far from thrilled that Italian officials are now rummaging around in their secret affairs.
Papal spokesman Federico Lombardi has openly threatened Italy’s law-enforcement apparatus and urged it to kindly respect “the sovereign rights of the Holy See.”
In other words, he believes that all those documents including confidential details about the Vatican bank that were seized during the search of Gotti Tedeschi’s home should not be in the hands of Italian investigators….
Its business model depends on keeping things as shrouded as possible from all financial authorities.
Capital gains are untaxed, financial statements are not disclosed and anonymity is guaranteed.
The bank’s exotic status of belonging to a religious monarchy in a sovereign state the size of a city park has shielded it from investigations and unpleasant external monitoring….
The Vatican has yet to divulge the business practices its bank has been using for decades. “There is fear that, owing to the transparency necessary today, one will find something in the past that one doesn’t want to,” says Marco Politi, a Rome-based Vatican expert.
Such things could include a complex system of ghost accounts and shell companies like the bank had when Archbishop Paul Casimir Marcinkus was its head in the 1980s….
INCESTUOUS RELATIONSHIP WITH JP MORGAN
Remember that JP Morgan is the sixth most powerful corporation in the entire “super-entity” of 147 companies identified by the Swiss scientists.
This “super-entity” controls 80 percent of the world’s wealth. Now we know that there was an incestuous relationship between JP Morgan and the Vatican Bank.
In 2009, the same year that Gotti Tedeschi took over as president of the IOR, the bank set up an account with the Milan-based branch of the American bank JPMorgan Chase.
From that point on, millions started flowing on an almost daily basis from JPMorgan’s Milan office to the one in Frankfurt, where the IOR also had a JPMorgan account.
Vatican officials opted for a special account in Milan with the number 1365, a so-called “sweep facility account,” which was automatically zeroed out at the end of each day.
The Vatican bank confirmed the existence of this account late last week, though it said it was primarily used for handling securities transactions.
Through last year, this financial set-up was allegedly used to process more than a billion euros for the Vatican bank. Italian investigators suspect that it was also used to launder funds from dubious sources.
‘It is clear that JPMorgan is complicit in money-laundering in Europe with the Vatican, having abetted Vatican bank money-laundering and fraud by allowing IRS-defined suspicious transactions pass through their institution.‘
On March 19, 2012, JP Morgan shocked the financial world by suddenly and abruptly “divorcing” the Vatican Bank.
The 1913 creation of the Rothschild Federal Reserve fused the power of Eight Families into the military and diplomatic might of the US government. If their overseas loans went unpaid, the oligarchs could now deploy US Marines to collect the debts. JP Morgan, Chase and Citibank formed an international lending syndicate.
The Federal Reserve System is the collusion of big government and big business to profit at the expense of taxpayers. The Fed’s bailout of large banks during the financial crisis propped up poorly-run corporations that should have gone under, giving them a market-distorting advantage that no business in the United Statesshould receive. The recent news about JP Morgan is a case in point. JP Morgan, a recipient of $25 billion in bailout money, recently announced it lost another $2 billion.
VATICAN CITY/MILAN, March 19 (Reuters) – JP Morgan Chase is closing the Vatican bank’s account with an Italian branch of the U.S. banking giant because of concerns about a lack of transparency at the Holy See’s financial institution, Italian newspapers reported.
The most wealthy bloodline in the world bar none and the leader of the Ashkenazi in the world today is the Rothschild family. The Rothschilds have obtained this position through lies, manipulation and murder. Their bloodline also extends into the Royal Families of Europe, and the following family names: Astor; Bundy; Collins; duPont; Freeman; Kennedy; Morgan; Oppenheimer; Rockefeller; Sassoon; Schiff; Taft; and Van Duyn.
U.S. Congressman Oscar Callaway informs Congress that J. P. Morgan is a Rothschild front and has taken control of the American media industry. He states,
“In March, 1915, the J.P. Morgan interests, the steel, shipbuilding, and powder interest, and their subsidiary organizations, got together 12 men high up in the newspaper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press……They found it was only necessary to purchase the control of 25 of the greatest papers…An agreement was reached. The policy of the papers was bought, to be paid for by the month, an editor was furnished for each paper to properly supervise and edit information regarding the questions of preparedness, militarism, financial policies, and other things of national and international nature considered vital to the interests of the purchasers.”
The move is a blow to the Vatican’s drive to have its bank included in Europe’s “white list” of states that comply with international standards against tax fraud and money-laundering.
The bank, formally known as the Institute for Works of Religion (IOR), enacted major reforms last year in an attempt to get Europe’s seal of approval and put behind it scandals that have included accusations of money laundering and fraud.
Italy’s leading financial daily Il Sole 24 Ore reported at the weekend that JP Morgan Chase in Milan had told the IOR of the closing of its account in a letter on Feb. 15.The letter said the IOR’s account in Italy’s business capital would gradually be phased out starting on March 16 and closed on March 30.In Milan, JP Morgan Chase declined to comment and the Vatican also had no comment.
Most of the following groups or societies embrace One World Order goals; they include but are not limited to: The Illuminati, Club of Rome, the Bilderbergs, the Royal Institute of International Affairs (RIIA), also known as The Chatham House Study Group founded 1919 in Great Britain and its sinister sister the Council on Foreign Relations (CFR) founded 1921 in America. The CFR is the largest group. “The plans for these two groups were drawn up at the 1919 Paris Peace Conference. The RIIA was largely funded by the Astor family, The Rhodes Trust and certain British banks whilst the CFR was a front for JP Morgan &Co.”
BARCLAYS CEO SUDDENLY RESIGNS ON JULY 2ND
Now, as we jump back into our timeline, the Vatican scandal got worse as of June 5th, after JP Morgan fled the scene — and the story got major publicity as of July 2nd.
Then, the very next day, the CEO of Barclay Bank suddenly resigned — even after he had been digging his heels in and saying “hell no, I won’t go” before that.
What kind of pressure was applied to Mr. Diamond to make him suddenly shift so dramatically?
July 3: Barclays CEO Suddenly Resigns, 24 Hours After Defiant Self-Defense
http://uk.news.yahoo.com/barclays-chief-executive-bob-diamond-resigns-064421614–finance.html“Bob Diamond has quit as chief executive of Barclays bank in a shock twist to the rate-rigging scandal.Marcus Agius, who anounced his intention to resign as chairman only yesterday [July 2nd], is to take over the running of the bank while a successor to Mr Diamond is found.The announcement was unexpected in that Mr Diamond had made it clear to staff in a memo 24 hours earlier [July 1st] that he had no intention of falling on his sword – saying it was his responsibility to restore the bank’s reputation.”
PEOPLE START REALIZING THE WHOLE GAME IS RIGGED
On July 3rd, the same day as our Current TV episode aired, the Huffington Post featured an article showing how the public is realizing that the whole investment game has been rigged.
July 3: LIBOR Scandal Suggests the Whole Game is Rigged
A string of Wall Street crises, including the 2008 stock market crash, the collapse of the mortgage market, the botched Facebook IPO and the scandals at JPMorgan Chase and Barclays have meant “some very heavy body blows experienced by the public,” Richard Grasso, former chairman of the New York Stock Exchange, told CNBC’s Maria Bartiromo on Tuesday.
“It’s been a real tough time for consumers who want to get back into the market.”
Grasso’s comments followed remarks last week by Securities and Exchange Commission Chairman Mary Schapiro that investors have a “concern about the integrity of the marketplace.”
Schapiro told a congressional subcommittee that U.S. markets are threatened with “an unwillingness [on the part of investors] to ever engage in the markets again.”
Investors are unsure “whether they’re getting accurate and honest information” from companies looking to sell stock to the public and uncertain “whether the market structure itself is tilted against the individual investor and in favor the institutional investor,” Schapiro said.
A recent survey from financial research and advisory firm Tabb Group reported that 31 percent of investors had “weak” or “very weak” confidence in the stock market, compared with 15 percent in 2010.
“There are some people out there feeling like the game is rigged,” said Frederick.
“There have been enough events to make them suspicious. I think that’s unfortunate. And the industry needs to continue to make efforts to allay the concerns.”
BARCLAYS BETRAYS THE ROTHSCHILDS — I.E. THE BANK OF ENGLAND
The Bank of England has been controlled by the Rothschild family since the early 1800s, as I revealed in Financial Tyranny.
A memo published by Barclays suggested that Paul Tucker gave a hint to Bob Diamond, the bank’s chief executive, in 2008 that the rate it was claiming to be paying to borrow money from other banks could be lowered.
His suggestion followed questions from “senior figures within Whitehall” about why Barclays was having to pay so much interest on its borrowings, the memo states.
Barclays and other banks have been accused of artificially manipulating the Libor rate, which is used to set the borrowing costs for millions of consumers, businesses and investors, by falsely stating how much they were paying to borrow money.
The bank claimed yesterday that one of its most senior executives cut the Libor rate only at the height of the credit crisis after intervention from the Bank of England….
The disclosure of the document threatened to plunge one of the biggest high street banks into open war with the country’s central bank, which will soon assume responsibility for regulating Barclays.
In one of the most dramatic days in British corporate history, Mr Diamond resigned yesterday, less than 24 hours after telling staff he was the right man to reform the bank….
MATT TAIBBI DROPS A BIG ARTICLE ON LIBOR ON JULY 3RD
Also on July 3rd, the same day he appeared on Current TV, Matt Taibbi released a significant article on the LIBOR scandal.
His journalism blends a gut-level realism with exceptional research — and therefore has a way of cutting through the jargon and getting to the core of the issue.
July 3: Why Is Nobody Freaking Out About the LIBOR Scandal?
The LIBOR manipulation story has exploded into a major scandal overseas.
The CEO of Barclays, Bob Diamond, has resigned in disgrace; his was the first of what will undoubtedly be many major banks to walk the regulatory plank for fixing the interbank exchange rate.
The Labor party is demanding a sweeping criminal investigation. Mervyn King, Governor of the Bank of England, responded the way a real public official should (i.e. not like Ben Bernanke), blasting the banks:
It is time to do something about the banking system… Many people in the banking industry are hardworking and feel badly let down by some of their colleagues and leaders.
It goes to the culture and the structure of banks: the excessive compensation, the shoddy treatment of customers, the deceitful manipulation of a key interest rate, and today, news of yet another mis-selling scandal.
The furor is over revelations that Barclays, the Royal Bank of Scotland, and other banks were monkeying with at least $10 trillion in loans (The Wall Street Journal is calculating that that LIBOR affects $800 trillion worth of contracts)….
The implications of that part of the story should be particularly chilling to Americans, who in recent years have been party to a number of revelations about strange and seemingly inappropriate contacts between senior regulatory officials and big bankers during the heat of the crisis.
We know that American officials in 2008-2009 were extremely concerned about the appearance of weakness in the financial markets, so much so that they may have resisted pursuing criminal prosecutions against big banks, and we also know that they spent a lot of time commiserating with Wall Street figures before and during the crisis….
TAIBBI REVEALS “IT’S LIKE THE WORLD’S ECONOMY IS BUILT ON QUICKSAND”
As our excerpt continues, you can feel even more of the powerful indignation and shock that is rippling through the global investment community at this time.
Even the most skeptical and sarcastic folks in the financial world have been hit in the head with a wooden plank by this scandal.
I have a friend who works on Wall Street who for years has been trolling through the stream of financial corruption stories with bemusement, darkly enjoying the spectacle as though the whole post-crisis news arc has been like one long, beautifully-acted, intensely believable sequel to Goodfellas.
But even he is just stunned to the point of near-speechlessness by the LIBOR thing. “It’s like finding out that the whole world is on quicksand,” he says.
So as far as the stateside press goes, I’ve got to assume the cavalry is coming soon. But when?
THE IRS GETS AUDITED FOR BILLIONS OF DOLLARS IN FRAUD — JULY 3RD
The federal agency that strikes fear into many U.S. taxpayers is getting a dose of its own medicine – as it is now the focus of a year-long audit for allowing illegal aliens to scam the system and bilk taxpayers out of billions of dollars every year.
Federal employees are blowing the whistle on the Internal Revenue Service, according to a report by Indianapolis television station WTHR-TV….
Howard Antelis, a tax examiner at the IRS’ ITIN processing center in Austin, Texas, explained: “We were being told by upper management to ignore fraud, to assign ITIN numbers and … pay out refunds to people who are lying. It’s a license to steal when you allow that.”…
Antelis said he reported the scams regularly to his managers – for years – with no result.
Frustrated with the inaction, he called the Inspector General’s office in Washington, D.C.
“I’ve been working for the federal government for 23 years and I signed an ethical standard of conduct when I went to work that says if you see fraud, you need to report it,” he said.
“I tried and tried and tried, couldn’t get anywhere so … I went into a quiet room and started making phone calls.”…
The auditors made a shocking discovery: IRS employees were, in fact, encouraged to overlook indications of fraud….
“It’s pure negligence by management and they’ve been trying to keep it quiet,” Antelis said. “There is a criminal element that is defrauding the U.S. government by filing mountains and mountains of these fraudulent applications.
The prime minister [David Cameron] said a single parliamentary inquiry into the “appalling” events would be the most “swift and decisive” course of action.
But Labour’s leader [Ed Miliband] said this was “too narrow” and a much wider judicial probe into the culture of banking was needed….
At Prime Minister’s Questions, Mr Cameron said the manipulation of the key Libor inter-bank borrowing rate by Barclays traders was “outrageous” and those responsible for “spivvy and probably illegal activity” should be held to account.
“People want to know that crime in our banks, crime in our financial services, will be pursued and punished like crimes on our streets,” he told MPs….
But, in heated exchanges in the Commons, Mr Miliband said the prime minister did not understand the “depth of public concerns” about the matter and was failing to act in the national interest.
“Whenever these scandals happen, he has failed to act and he stands up for the wrong sort of people.
“His party is a party bankrolled by the banks. If he fails to order a judge-led inquiry people will come to one conclusion. He simply cannot act in the national interest.”
MORE TO COME
Over the years, I have built up contacts with insiders who are very well-positioned — due to my role as a public investigator.
I received information that absolutely convinced me there was a plan to do the impossible — to actually break up this Cabal and arrest its top conspirators.
Some people thought the mass arrests we’ve been discussing on this site would just start one day.
All of a sudden, the marshals and the troops are out in the streets — and top Cabal people are being hauled off to prison.
What we are now seeing is a plot twist that had to be hidden — for obvious reasons — but it makes perfect sense.
If you want to make mass arrests, in a way that is fair, legal and publicly supported, first you need to make mass charges— followed by mass lawsuits.
If you suddenly just arrest thousands of top people, with no legal precedent, the public will not know who to trust.
This way, the process occurs in a much less traumatic fashion. You have to awaken the public to the problem first, on a mass level, before any palpable solution can be offered.
UPDATES WILL CONTINUE
So far this investigation has just begun. I am hosting a CONVERGENCE conference in Chicago and have to work within the cracks.
I will continue releasing sections as they become available.
We’re still only up to July 4th in our timeline — and after we reach the end of the timeline, there is still much more to discuss.
I must say that I have been very excited by these developments. I didn’t write lots of small updates in the intervening period, because I wanted to do it right — the first time.
I do hope to have everything I’ve got published online by this coming Wednesday at the latest. Stay tuned!
UPDATE NEXT MORNING 7/21: NUMERICAL SYNCHRONICITY STRIKES AGAIN!
If you are a regular reader of this site, you will know that we frequently have odd “coincidences” happen with the timing of when I go in to do edits.
This morning was no different. I added a picture from “The Prestige” with Hugh Jackman and Scarlett Johannsen when I first discuss stage magic. Once I did the edit, the page refreshed — and look at what happened:
This is very interesting for two reasons. First of all, in esoteric terms, we do seem to be living in a vast “illusion” — namely that we are separate beings having separate experiences.
The truth is that we are all One — and we are moving through a major evolutionary leap, as a planet, that will make that more obvious.
Secondly, the number itself was very interesting — as 33 is a sacred number, rooted in geometry, that has been heavily co-opted by the Cabal.
In this case it was 33133 — which is also a palindrome. It’s the same number backwards and forwards. Very interesting stuff indeed.
MAKE THAT A DOUBLE…
Wow. As soon as I wrote and posted the above words and the page reloaded — in a fourteen-minute interval after the first synchronicity, as you can see — it happened again!
Sequences with synchronistic value include numbers that count up, or down, in order. This time, the 33 was still there — but it also ended in 3456.
See for yourself!
It’s still there right now as I write this.
I know that some people do not see any value in this, but to me it is ongoing confirmation of the scientific arguments I made in The Source Field Investigations — namely that there is indeed a Universal mind.
Synchronicity is one of the ways in which the Universe “tips its hat,” if you will, and reveals that the world we see is indeed a vast illusion.
The Cabal has their version of the illusion that they maintain for us, but there is a much greater level of it as well — and in this level, the Cabal will never be allowed to do more than our own collective free will has invited them to do.
This is the great mystery that I have often discussed before.
We, as a planet, have reached a point — predicted for thousands of years — where we no longer require their services, as enough of us have cleaned up our karma that we have now earned a happier, healthier world.
What you are seeing in this article is just the beginning.
I had hoped to finish uploading the rest of this investigation on Wednesday — but was not able to do so.
The investigation itself is still transforming — on a variety of levels.
Powerful events have taken place — some very positive, and some definitely negative. None of them have affected me personally. I am safe and my associates are safe.
Benjamin Fulford did not post an update this week, causing alarm for his readers — but I can confirm that he is OK. I do not know when he will resume posting, but hopefully soon.
I found out that two more massive false-flag attempts have been thwarted by Divine Intervention — at least so far. Either one of these would have been provocative enough to immediately start World War III.
At this time there is still an old, mothballed destroyer in the Persian Gulf that is wired up with charges set to go off — and be blamed on Iran. However, the charges will not go off and the effort has been a failure.
There have been many frantic attempts to set up false-flag events like this, and none of them have been working — since August of last year, if not earlier.
I also found out, from insider contacts, that James Holmes was NOT supposed to have ended up in court, alive, pleading amnesia and looking totally disoriented.
The Cabal is horrified by the fact that this was a “botched job”, and so many people are waking up to the idea of mind control that it is becoming widely known — and only hastening their downfall.