Originally posted by antar
I do not recall in the moment where I said I would check on the possibility that there have been no FRNs since 09, but here is the message I did receive:
From my email:
Yeah, sure, they're printing FRNs, like crazy - just came across this article a few minutes ago: lewrockwell.com...
It isn't the actual printing of debt notes that is the issue, it is the extension of credit, which is only recorded as 1's and 0's that is the problem. In fact, if they were limited to only printed money everything would be fine, but when you borrow money for a house, the don't print the money they create, this simply move the credit line from on place to another.
In the end, it isn't the circulating notes that are the issue, the biggest issue is the bets made with the 1's and 0's that do not exist yet. The Greek issue is that, should Greece absorb the legal definition of "default" the bets, those done without the actual reserve notes, will be triggered and problems arise because there aren't enough notes to cover the bets. If the call Greece a write down, the bets are not triggered.
and then another important link from the same source:
Originally posted by Avoiceinthewilderness
Something Evil Cometh........
We look at all this greed and men who care for no one but themselves and think they are evil. Evil knows evil and I agree with a couple posts that rats leave a sinking ship and they are scattering to their bunkers. Something is coming very soon that will change mankind forever. These people are privy to such info. How many talkshow hosts have retired and others that seemed like they were set for life in their jobs. When elected officials don't care what we have to say, it means they know our voice isn't worth anything so they are all trying to save their own butts while ours is exposed.
Nothing will ever make it back to normal.....what ever that is.
At the worst we will see each other on the other side minus the evil bunker buddies.
A Voice in The Wilderness
Originally posted by SpaceCommando
I didn't read every post in this thread so forgive me if someone else mentioned this . . .
Cliff High, the "web bot" guy, of halfpasthuman.com, has found (through his linguistic prediction work on the internet) some kind of major turning point that starts around March 2nd and runs to about March 9th or 10th. He has said that this is some kind of major event and after that things apparently don't return to "normal" with regard to the internet anyway.
Massive Wave Of Resignation From Top Level Bankers.
"There are signs, such as the resignation of over a dozen senior bankers and the announcement of a $15 trillion fraud in the UK and a $6 trillion fraud in Italy, that these warnings have been taken seriously. The Italian case is especially noticeable because one of the people arrested was former Prime Minister Silvio Berlusconni."
"The resignation of the heads of the World Bank, Credit Suisse, the Bank of India and “planned resignation” of the head of Goldman Sachs is just the beginning of a complete dismantling of the Khazarian banking monopoly."
"The $6 trillion fraud case in Italy is noteworthy because it is the one of the first such cases major corporate propaganda media outlets have reported worldwide. Italian newspapers have also now started reporting on the Neil Keenan lawsuit against the Davos World Forum, Berlusconi, the UN etc. accusing them of a $1 trillion theft. The arrest of 8 people is a further concrete sign of action being taken against the P2 Freemason lodge"
Originally posted by poet1b
Or they finally realized that Obama is going to be re-elected, and the DOJ investigations into their crooked schemes will continue, and they are all fleeing the country.
Quietly, without much attention from the ICB controlled media, the DOJ under Obama has continued investigating white collar crime during the housing bubble, getting large settlements. Eventually, they may go after the execs behind these fraud schemes.
Originally posted by TimesUp
Maybe these super elite ceos, etc, are stepping down in advance so they can make plans undetected and move into their long term bunkers.
Originally posted by poet1b
reply to post by DangerDeath
That's because under GW, the DOJ was told to stand down, and white collar crime was allowed to flourish. If another republican gets into office, the same plan will go back into effect.
That is exactly what free market economics is all about. The elites are free to rob everyone blind, and the only role of the police is to protect the elites from the masses, strip us of our rights, all that.
This “discretion” is why MF Global customers are getting cheated! The rights, privileges, and immunities of ALL those customers who simply had an account at MF Global are about to get really screwed by the presiding Judge Martin Glenn creating whatever it is that he thinks is fair (discretion), not what the law says since he presides in equity (chancery). In the United States, Congress vested both LAW and EQUITY in the same courts. This has undermined everything. That means that Congress can pass a law, and the judges do not have to obey the law at all calling it their right of “equity” to determine if it is what they would write. In MORRISON v. NATIONAL AUSTRALIA BANK LTD., 558 US – (6/24/2010) the Supreme Court overruled ALL securities law of the New York Second Circuit because they were applying the law based upon what they think Congress would like them to do. They have been creating “judicial law” in securities since the beginning. This is so anti-Constitution and against the principles of any “democracy” because it eliminates the people entirely. This becomes a judicial dictatorship no different than Gaddafi.
There is no actual law authorizing a “clawback” but the NY court will create whatever it wants. The New York Bankruptcy Judge is Martin Glenn who was the very lawyer for the Receiver in the case of Princeton Economics who defended Republic National Bank and HSBC. In this case, it was Glenn who argued for the right of judges to imprison anyone for life until death without lawyers or trial by jury. The New York Law Journal on January 7, 2002 reported that Martin Glenn argued for the contempt and reported it was starting to “resemble a merry-go-round that never stops.”
When I offered evidence that Republic had stolen the money using it for its own trading the SAME as MF Global, Glenn and his team replied that they “believed” Republic’s story and refused to allow ANY suit against Republic. They were clearly trying to take everything for the banks and to cheat the Japanese. I then had to do interviews with the Japanese press to tell the Japanese that Republic took the funds and they should file suit in New York. Had they NOT filed in New York, Martin Glenn as the lawyer for the receiver would have protected Republic National Bank to the death and aided them is keeping over $1 billion dollars, which seems to be going on with MF Global. If I was guilty, Republic kept the money. That is what he was insisting.
Originally posted by AzureSky
This is interesting,
this just makes wilcock's article even more compelling, because now it is actually happening. These men are dropping like flies from the corporate ranks. whos in charge now? Whos taking over?
The rest of the year is going to be a good one, expect to see more and more of this.