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From the January 2007 Idaho Observer:
Editor’s note: The story of how Ambassador Leo Wanta was commissioned by President Reagan to make $trillions for the American people in shrewd (but legal) currency trading that concentrated on buying Russian rubles at a discount to destabilize the Soviet economy surfaced in 1992. The Wanta story was recently revived on the Investigative Journal by Greg Syzmanski through interviews with Ambassador Wanta broadcast on the Republic Broadcast Network. As it turns out, British financial news publisher Christopher Story has published the documents in evidence giving credence to what is arguably the most important story in recent memory. As you will see, several poorly-reported incidents during the 90s helped to bury the Wanta story as a tall-tale. As events unfold and independent researchers put the pieces together, Ambassador Wanta is emerging as a real man whose activities produced $trillions that are stashed away in real banks and invested in real properties. If this story is true—and the evidence is becoming unavoidably compelling—then it will not be long before all the world will know.
Beginning in the early-1980s, President Ronald Reagan and a small group of his closest advisors initiated a plan to destabilize the Russian ruble. Reagan recruited his most-trusted intelligence agent Leo Emil Wanta to perform this delicate task. Wanta had served the U.S. intelligence community as a Treasury agent, in arms dealing and in other "sensitive" matters. He was chosen for this mission, not only for his loyalty to the president, but also for his unfailing honesty. In addition to his responsibilities in carrying out this covert financial coup against the former Soviet Union, Wanta was also instrumental in thwarting an attempted assassination of President Reagan "in the White House"—yet another event that went unreported by the media.
The presidency of Ronald Reagan was tumultuous, to say the least. Reagan’s administration survived several scandals and he, personally, survived several assassination attempts. Only one of these attempts, the shooting by John W. Hinkley, Jr., would be made public.
Enter Leo Emil Wanta, Ambassador from Somalia to Switzerland and Canada. With an initial investment of $150 billion, borrowed from the U.S. Treasury and, thus, the American people, Wanta purchased rubles from contacts in the Netherlands. According to Wanta, the ruble was valued at $1.20 on the international currency market at the time. By purchasing rubles in above-normal quantities, his company, AmeriTrust Groupe, Inc., of Vienna, Austria and other locations, was able to acquire them far below the standard exchange rates. To boot, his company was trading with U.S. dollars and other currencies.
During several live radio interviews on Greg Szymanski’s "Investigative Journal" radio program in early 2006 on the Republic Broadcasting Network, Wanta described purchasing rubles at various prices ranging "from 18 to 23 cents on the dollar." AmeriTrust Groupe, Inc., would then resell the rubles at higher rates to other investors in the financial markets. Dollars were converted into rubles, rubles into yen (or other currencies) and the process would be repeated, over and over again, until the Soviet banks could no longer bear the pressure of cashing in their own currency. According to Ambassador Wanta, "the accounts were distributed throughout secret offshore accounts and had doubled in value every two years."
It should be emphasized that the plan Ambassador Wanta designed was perfectly legal. The same strategy is employed everyday by investors throughout the world. Wanta’s plan differed though, in that his goal, at the bequest of President Reagan, was to cause a financial collapse of the Soviet Union. His repeated purchase of "discounted rubles" enabled him to profit with an advantage not available to others in the financial markets – but was and is still legal. The plan was carried out under Executive Order 12333 (EO 12333, UNITED STATES FOREIGN INTELLIGENCE ACTIVITIES is a comprehensive executive order, easily found on the Internet, that was signed by President Reagan on December 4, 1981.)
Originally posted by seaside sky
That makes sense, doesn't it? Good website on the link, by the way.
Here's a link from a very good site that has quite a lot of articles concerning global finance
www.globalresearch.ca...
Hope that link works- please let me know if you have trouble finding it. It's quite interesting when you put this article next to the one you posted.
I think the fiat currency system could well be on the brink of a complete logical collapse- sooner or later reality sets in and we may be approaching that time. The article you posted suggests a sort of desperate effort to prop up a failing system- the globalresearch article suggests that it might not work anyway.
Originally posted by keldas
One of the best articles I have seen to do with the killing of Bin Laden or at any rate the reason for announcing his current death -
maxkeiser.com...
excerpt -
>>The report ties together the recent “official killing” of Bin Laden in order to free up trillions of dollars with Barclays and Lloyd’s of London in order to secretly bail out JP Morgan and Bank of America in order to cover their shorts on silver and losses in derivatives.