by ProdigalSon 17 Replies latest social current

  • ProdigalSon
  • ProdigalSon

    This should shed a little more light on what's going on.....

    February 27, 2012 - White Hats Report #37

    The White Hats Call For Joint International Criminal Investigation: America Demands Its $15 Trillion Dollars Back!

  • ProdigalSon

    Add that to the $16 Trillion secretly scammed from American taxpayers by the Fed, uncovered in the first ever audit of their books, to bail out their central bank friends around the world, and that's only a 3-year period from 2007 to 2010. As posted on the website of Vermont Senator Bernie Sanders....


  • ProdigalSon
  • HintOfLime

    Sorry.. but this is a perfect example of "Don't believe everything you see on YouTube, kids!" The guy in the original video didn't make a very compelling case, his "facts" came without any sources, and by admitting that he couldn't "follow the money" himself, he wasn't organized or qualified to create any sort of case for his accusations.

    He basically says "I'm not very resourceful, I'm not competent, and I can't figure this out for myself.. so it must be a giant conspiracy!" Hardly compelling stuff.

    - Lime

  • UnConfused

    I'm not sure what to make of this. Who is the gentleman speaking?

  • ProdigalSon


    David Noel James, Baron James of BlackheathCBE (born December 7, 1937) is a British businessman and corporate troubleshooter and Conservativelife peer.

    James has had a varied career in the city of London. Between 1959 and 1964, he trained with Lloyds Bank, joining Ford Credit's launch team in 1964. He then became a director of many companies, often in trouble, to assist their recovery: in 1973 he joined Cork Gulley to rescue Cedar Holdings; in 1989 he was appointed chairman of Eagle Trust; other directorships have included British Shoe Corporation, LEP group, Dan-Air, North Sea Assets and Central & Sheerwood. During his time at Eagle Trust he triggered the Iraqi supergun affair. Whilst visiting Eagle-owned Walter Somers factory in Halesowen in 1990, he noticed the muzzle of what appeared to be a large gun. He informed MI6, giving them one of their first leads. [ 1 ] He served a term under David Rowland on the Council of Lloyd's and chaired a committee which controversially allowed corporate capital to underwrite on more favourable terms.

    In late 2000, James was appointed as chairman of the ailing Millennium Dome project, a high profile position, and was credited with saving the attraction from financial collapse. In 2005 he attempted to make a bid for troubled carmakers MG Rover. [ 2 ]

    Ahead of the 2005 general election, James conducted a review for the Conservatives that identified £35 billion of state sector savings. The disputed figures were heavily used by then Party leader, Michael Howard. After the election defeat, Howard and Shadow ChancellorGeorge Osborne appointed James to head a new Conservative watchdog to monitor the way the third term Labour administration delivers on its promises to cut costs. He has been vocal about his concerns for the financial management of the London 2012 Olympics.

    In April 2006 it was announced that James had been nominated for a Life Peerage by the Conservative Party [ 3 ] The news had already been revealed in a list leaked to The Times [ 4 ] that eventually led to the Cash for Peerages scandal. James himself had given a relatively small amount to the Conservatives. He was gazetted as the 'Baron James of Blackheath', of Wildbrooks in the County of West Sussex on 9 June 2006.

    In November 2010 Lord James claimed in the House of Lords that he had been approached by a secretive "megarich" organization, which James referred to only as 'Foundation X', willing to lend billions of pounds, interest-free, to the UK government. [ 5 ]

    He has worked as a Consultant for Cerberus Capital Management. [ 6 ]

    Lord James is married, to a woman from Leeds, but has no children. He has a particular interest in music and cricket. He is Chairman of the British Racing Club of horses.

    [edit] "Foundation X" speech

    James attracted some press and blog attention after a speech in the House of Lords on November 1, 2010, in which he claimed to have been approached by an unnamed organization wishing to fund massive public works projects in the UK with vast currency reserves backed by gold bullion. [ 7 ] [ 8 ] A Labour Party staff member and political blogger who wrote about the story [ 9 ] speculated that the organization in question is the Office of International Treasury Control. [ 10 ] possibly an organization though unknown or unacknowledged by any government to date. However, James has stated that he had not been approached by the Office of International Treasury Control, that there were no links between Foundation X and the Office of International Treasury Control, [ 11 ] that the Foundation X was a viable organization, and that the offer was in good faith. Further, in the course of the recorded speech James explicitly, albeit apparently unconsciously, conflates Foundation X with the Vatican Bank. [ 12 ]

    On Saturday November 6, 2010; the UK Treasury issued a statement which contradicted James' earlier claims; denying that any meeting took place between Lords James & Sassoon and a representative of the group which had being referred to as 'Foundation-X'. [ 13 ]

    [edit] "Fed Fraud" speech

    James attracted some press [ 14 ] [ 15 ] and blog [ 16 ] attention after another speech in the House of Lords on February 16, 2012, in which he claimed a massive 15 trillions money-laundering fraud from the United States Federal Reserve, offer to provide evidences and ask for an official investigation (Hansard, transcription 16 Feb 2012, Column 1016, from 5.20 pm). [ 17 ]

  • ProdigalSon

    Good one Lime. The man is fully competent. Now try debunking the Vermont Senator's website....

  • sizemik
  • darth frosty
    darth frosty

    Here is a good one for you

    The Trillion-Dollar Lawsuit That Could End Financial Tyranny


  • Razziel

    I'm pretty sure the bulk of these loans were interbank lending loans, the "overnight" type. It wasn't pretty, but those type of loans were necessary to avoid global economic collapse. The total amount is a little misleading. If a large bank took out a $100 billion overnight loan from the Fed and then renewed it for seven days while raising capital, it looks like the Fed handed out $1 trillion in loans. Some of these institutions only needed the short-term liquidity, and others had a real capital problem. That's one of the reasons why the actual "bailout" was much less than the amount of liquidity loans the Fed gave out. Whether individual bailouts were necessary is a matter of debate. But the liquidity issue had to be addressed or the whole thing would have come crashing down.

  • ProdigalSon


    Intel Exclusive: Trillion Dollar Terror Exposed

    Bush, Fed, Europe Banks in $15 Trillion Fraud, All Documented

    By Gordon Duff, Senior Editor

    Below is one of the strangest stories in financial history, one involving the US government lying about hundreds of thousands of tons of imaginary gold, illegal wire transfers and loans totalling $15 trillion. The video, from the House of Lords, is amazing in itself.

    What it doesn’t express is where the money came from though Lord James of Blackheath proves conclusively that an effort was made to say it came from a gold reserve in Brunei that, in fact, never existed.

    At surface, it appears we have stumbled upon the largest terrorist organization in the world and have found original documents tracing its funding to the Secretary of the Treasury and the Chairman of the Federal Reserve, two of the top financial officers in the US. A cursory review of terrorism statues in the US indicate that all transactions we will learn about are, in fact, to be assumed “terrorist money laundering” and that the only thing preventing the immediate arrest of hundreds of top financial officials is their political connections alone.

    We will be able to offer an alternative, more insights, some hard intelligence and some very valuable background that we hope will offer insightful and realistic perspectives on this amazing story.

    On February 16, 2012, Lord James of Blackheath, member of Britain’s House of Lords presented evidence of an illegal scheme begun, he has thus discovered, in 2009. His documents including originals signed by Alan Greenspan and Timothy Geithner, show the illegal “off the books” transfer by the Federal Reserve Bank of New York of $15 trillion to, initially, HSBC (Hong Kong Shanghai Banking Corporation) London and then to the Bank of Scotland.

    The Bank of Scotland, under royal charter but restricted from involvement in any such transactions, simply “gave” the money to 20 European banks to use in a highly profitable scheme of co-trading “fresh cut” MTN’s (mid-term notes), generating trillions of dollars in profits over 3 years, none of which is shown on books, none has been taxed or has benefited shareholders in those banks.

    As Blackheath outlines, the “deception and cover” for this transfer is the imaginary seizure of 750,000 tons of gold by agents of an unspoken entity (confirmed by the highest official sources as the Bush family and CIA), the listed “source” of the money.

    The government of Indonesia confirms this to be an utter fabrication and that the individual named had 700 tons of gold (about half of what Gaddafi was holding), not 750,000. It is noted that only 1,500 tons of gold have ever been traded in world history, as stated in the House of Lords.

    The issues that are initially brought out, issues inconsistent with international convention and starting the reader on what is only the surface discovery of two decades of crimes involving dozens of governments are as follows:

    • At no time has the Federal Reserve Bank of New York been authorized to hold the funds indicated
    • However, documents held by Lord Blackheath prove, conclusively that they did hold such funds and transfer them in a manner as to obscure their origin by using HSBC and the Bank of Scotland. This process, seemingly involving Alan Greenspan, Timothy Geithner and others would appear to be “money laundering” until some other explanation were found. None has been offered.
    • The “collateralization” of these funds, being 750,000 tons of gold, is proven to be fantasy. These funds then, in no way or manner, are related to Brunei. The presentation of this false transaction has been conclusively proven to be a “cover and deception” project such as an intelligence organization would use.
    • The transfer of these funds, all done without any authorizations, governmental or otherwise, particularly without agreements, payment of interest to the United States and without knowledge and approval of congress makes every aspect of this criminal in nature, a violation of innumerable statutes.
    • The receipt and use of these funds by the 20 banks, two of which are Wall Street’s largest, and the use of these funds to generate profits while the funds themselves are held “off the books” and the profits hidden and laundered, themselves the earnings of funds received through criminal acts makes any and all involved part of a criminal enterprise.


    There is no record of the Federal Reserve being authorized to “create” $15 trillion, equal to the entire national debt of the United States. There is, however, proof that funds that totalled, at one time, $27 trillion had been earned surreptitiously, disposed of as part of an intelligence operation against the Soviet Union and then later stolen with accusations made against George H. W. Bush as being the perpetrator.

    I have spoken with two individuals, one President Reagan’s intelligence coordinator and the other Chief Legal Cousel for the Central Intelligence Agency regarding these funds. Both have indicated that former President Bush had asked that these funds, totalling $27 trillion, be transferred to his control, that threats were made by Bush and that many involved in this operation suffered, issues including murder, illegal arrest, torture and detention among them.

    The individuals I am speaking of repeatedly met with President Bush over these funds, disputed his claim to them, and indicate that the majority of the funds are the property of the people of the United States.

    These funds are the mysterious “Wanta” funds, monies earned through years of currency trading aimed at collapsing the Soviet Union, a plan originated by President Ronald Reagan, then White House Intelligence Coordinator Lee Wanta and CIA Director William Casey. I have been told that, while this operation went forward under President Reagan, he had ordered that his successor, George H. W. Bush not be “briefed” out of “mistrust” for Bush.

    The funds themselves were earned through a scheme of trading Soviet roubles at enormous profit, a practice that eventually collapsed their government. A portion of the profits are subject to current litigation in the Federal Court of the Eastern District of Virginia, Judge Lee presiding. I have over 2,000 pages of documents on this case which shows a remainder of the original funds had been transferred to the Federal Reserve Bank of Richmond by the Bank of China, a party to the rouble trading practice, in 2006 and is claimed as totally owned by Ameritrust Corporation. That amount was $4.5 trillion of which we hold the SWIFT transfer documents.

    The other monies, which “likely” make up from the unspent portion of the missing $27 trillion, may well constitute all that is recoverable.

    Wanta, sole shareholder in Ameritrust, has offered his companies share, valued by the court now at $7.2 trillion, entirely to the American people as intended by President Reagan.

    The origin of the additional funds, issued by the Federal Reserve during the 80s and 90s, totalling nearly $8 trillion is unknown. High ranking sources within the US government indicate that this can only be either the remainder of funds Wanta raised or profits made from them after the majority of funds were stolen.

    Stories, some quite good actually, and personal interviews plus my own review of documents would place the theft or conversion of these funds initially with:

    • The Bush family
    • The “P2,” a Masonic lodge operating out of Switzerland involved in dozens of terror bombings tied to “Operation Gladio”
    • People around Wanta himself including the CIA

    What is lacking is a source for half of these funds. Technically, they don’t exist as there is no record of them being originated by nor transferred to the Federal Reserve Bank of New York though there are clear and discernible records of them being transferred out of that institution which never possessed them, according to their 2010 audit, in the first place.


    The transfer of Wanta funds, they can be assumed to have no other origin as they track into the Federal Reserve banking system while in escrow and are currently awaiting payment based on the orders of President Obama in accordance with findings of the federal court, is complicated by the Scottish transfer.

    Either Wanta has claim to the entire amount or it is the property of the US government. That no effort has been made to secure the funds or enforce criminal and civil remedies to recover enough money to pay the entire US national debt and more, as with earnings, we are nearing well over $30 trillion by this time, is an indication that a criminal conspiracy with enough influence to overrule our own government is involved. Whether that “conspiracy is, as noted, the Bush family, rouge sections of the CIA or a secret society such as P2, one we can prove or others we only suspect exist, is another story.

    The lack of action, here or as requested by Lord James in Britain, is, in itself, proof of both the seriousness and actuality of these events and the powers that can prevent any inquiry when irrefutable documents such as SWIFT transfers are available. In fact, Lord James has offered a wealth of documents which, when combined with the 2000 pages of Wanta “discovery” from the Federal Court, constitutes more than prima facia evidence of money laundering, conversion, terrorism or worse.

    Thus, the inaction in the face of overwhelming and unquestioned proof is inexplicable.


    Currently, Wanta’s legal status is as technical conservator and owner of $7.2 trillion. However, as nearly half that is owed in taxes and the court settlement required Wanta to purchase $1 trillion in treasury bonds, the federal government should show positive interest other than President Obama and a few others. More are being obstructionist with the payout and exercise of $3 trillion in US debt reduction.

    This is, not only illegal but an indication of conspiracy.

    In addition, Russian Prime Minister Putin has communicated that he awaits the agreed upon 3% payment of Russian taxes, initially on the $7.2 trillion. Will Putin want to be paid on the entire $15 trillion plus interest and will Russia and/or the US have interest in why the Bank of Scotland transferred these funds to 20 European banks to trade in MTN’s (mid term notes) without any authorization or agreement, any participation or sharing of profits.

    As the funds, at least the half which the US government can claim ownership of, combined with the interest and earnings of, would quickly put the US “in the black,” again we look at, not just the press blackout on the Wanta litigation of the last 6 years but the press blackout on Lord James of Blackheath and the wealth of damning documentation he submitted to Parliament.

    Nothing has been done since, it is as though the proof submitted was so dangerous that those moments in time have been erased by a mysterious g-dlike power.

    What makes Wanta dangerous is that he has begun to distribute funds, some to government entities, counties and states, law enforcement agencies, giving them standing, not just in recovering funds intended for their use but in helping prosecute anyone involved in interfering with or attempting to divert funds.

    One grand jury is being formed to investigate diversion of Wanta funds even at this early date. It is likely that Wanta/Ameritrust funds earmarked for border protection could lead to the indictment of high ranking US officials. This is only the beginning.

    If the Royal Bank of Scotland doesn’t think it should be expecting the biggest chargeback in the history of the world, they are in for a shock.

  • ProdigalSon

    List of Gov't and Bank Resignations Keeps Growing....


    Romanian prime minister and cabinet resign en masse
    2/20/12 (GERMANY) GERMAN PRESIDENT Christian Ruff resigns (financial corruption charges)
    (1) 9/25/11 (SWITZERLAND) Bank chief resigns over £1.5bn rogue trader crisis
    (2) 10/29/11 (CHINA) Resignations Suggest Shift for China’s Banks
    (3) 11/01/12 (INDIA) More directors of the Beed district bank resign
    (4) 11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign
    (5) 11/29/11 (Iran) Iran’s Bank Melli CEO Resigns Over Loan Scam
    (6) 12/15/11 (UNITED KINGDOM) Senior private banker resigns from Coutts [a very exclusive private bank]
    (7) 12/22/11 (FRANCE) Societe Generale’s Investment Banking Chief Steps Down
    (8) 1/05/12 (UNITED KINGDOM) Chief executive of Saunderson House [Private Bank] steps down
    (9)1/09/12 (SWITZERLAND) Switzerland’s central bank chief resigns
    (10) 1/12/12 (United Kingdom) Lloyds’ head of wholesale quits
    (11) 1/19/12 (SPAIN) Spanish bank Santander’s Americas chief quits
    (12) 1/20/12 (JAPAN) Normura’s head of wholesale banking quits
    (13) 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Governor Alan Bollard to Step Down in September
    (14) 1/21/12 (Greece) Banks’ top negotiator quits Greece, but talks go on
    (15) 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:www.livemint.com...
    (16) 2/07/12 (INDIA) Falguni Nayar quits Kotak Mahindra Bank
    (17) 2/07/12 (IRAN) Iran denies central bank resignation rumor (don’t believe until its denied?)
    (18) 2/09/12 (VATICAN) Four Priests Charged In Vatican Banking Scandal
    (19) 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO resigns
    (20) 2/13/12 (KUWAIT) Kuwait Central Bank CEO resigns
    (21) 2/14/12 (NICARAQUA) Nicaraqua Central Bank Pres Rosales resigns
    (22) 2/14/12 (UNITED KINGDOM) Social finance pioneer Hayday steps down from Charity Bank
    (23) 2/15/12 World Bank CEO Zoellick resigns
    Did the White House tell the World Bank president that he’s out?
    (24) 2/15/12 (SLOVENIA) Slovenia TWO largest Banks CEO’s (2) resign
    (25) 2/15/12 (KENYA) Governor of Kenyan Central Bank to Resign
    (26) 2/16/12 (GHANA) Ken Ofori-Atta steps down as Executive Chair of Databank Group
    (27) 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Quits
    webcache.googleusercontent.com...:ZVfFZypqVIcJ:www.a1saudiarabia.com/4489-saudi-hollandi-banks-md-quits/+&cd=4&hl=en&ct=clnk&gl=us< br /> (28) 2/16/12 (AUSTRALIA) Anz Bank CFO Australia resigns
    That’s 9 resignations in eleven days, we have not included the other resignations from the likes of the head of the central bank in Switzerland a month ago, and the talk of the head of Goldman Sachs leaving
    (29) 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns
    www.theaustralian.com.au...< br /> (30) 2/17/12 (USA) Blankfein out as Goldman Sachs CEO by summer
    (31) 2/18/12 (PAKISTAN) AJK Bank’s executive steps down
    www.nation.com.pk... edium=feed&utm_campaign=Feed%3A+pakistan-news-newspaper-daily-english-online%2F24hours-news+%28The+Nation+%3A+Latest+News%29
    (32) 2/20/12 (RUSSIA) Head of Russian Bank Regulator Steps Down
    (33) 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns

    Global bank resignations

    1 World Bank CEO Zoellick resigns
    2 Anz Bank CFO Australia resigns
    3 Nicaraqua Central Bank Pres Rosales resigns
    4 Credit Suisse Chief Joseph Tan resigns
    5 GERMAN PRESIDENT Christian Ruff resigns
    6 Royal Bank of Scotland Austrailin CEO Stephen Williams resigns
    7 Kuwait Central Bank CEO resigns
    8 Slovenia TWO largest Banks CEO’s (2) resign
    9 Bank of India CEO Chaturvedi resigns
    10 Tamilnad Mercantile Bank CEO resigns
    11 GOLDMAN SACHS CEO Blankenfein to resign (Nothing printed on this yet UNLESS this JUST happened. Last article said he is not stepping down in 2011).
    N.C. banking official resigns
    www.google.com... king-official-resigns.html&ei=6HxCT8bUJNLy2gWwz6GSCA&usg=AFQjCNGleDoGYbSQrE_4mggScv3D9yxQ-w
    13. Switzerland’s central bank chief resigns
    Mass Resignation of the Proxies: Why Are So Many Key Financial Figures Waiving the White Flag?
    (some are repeats on this list)
    Here are the recent resignations in chronological order:
    February 6, 2012: Dhanlaxmi Bank CEO Amitabh Chaturvedi quits: www.livemint.com...
    February 10, 2012: Tamilnad Mercantile Bank MD resigns: www.business-standard.com...
    February 13, 2012: Kuwait central bank chief resigns amid political tensions: www.washingtonpost.com...
    February 14, 2012: Nicaragua’s Central Bank President Antenor Rosales quit admist row:www.bloomberg.com...
    February 15, 2012: Slovenia’s Two Biggest Banks’ CEOs Step Down: www.bloomberg.com...
    February 15, 2012: World Bank President Zoellick Resigns: business.time.com...
    February 16, 2012: CFO of ANZ Bank Resigns Amid Turmoil: www.proformative.com...
    February 16, 2012: Royal Bank of Scotland’s Stephen Williams quits the role: www.theaustralian.com.au...< br /> February 17, 2012: Credit Suisse’s Private Bank Chief Asian Economist Tan Resigns:www.businessweek.com...

  • ProdigalSon

    The scam goes mainstream on MSNBC.....

    Central Banking Racketeers (TPTB) and their fake Fiat Monetary System Exposed as Slavery to them!


  • Qcmbr

    Don't get so heated and bothered. Which time and place in human history do you want to return to? You are welcome to pick any time before the fed even existed but remember you will need to do without modern medicine, incredibaly abundant and cheap food, motorised transport, the internet, schooling (unless you are lucky and got a religious eductaion), if you live past 5 most of your siblings won't, your job choices will mosty be back breaking and without the protection of laws etc. You get the picture. If there is a scam going on and it managed to deliver this much plenty at a time of massive population then bugger it - its got my vote.

  • ProdigalSon

    Don't get so heated and bothered. Which time and place in human history do you want to return to? You are welcome to pick any time before the fed even existed but remember you will need to do without modern medicine, incredibaly abundant and cheap food, motorised transport, the internet, schooling (unless you are lucky and got a religious eductaion), if you live past 5 most of your siblings won't, your job choices will mosty be back breaking and without the protection of laws etc. You get the picture. If there is a scam going on and it managed to deliver this much plenty at a time of massive population then bugger it - its got my vote.

    I'll take my chances. The destruction of the FED cannot come too soon. The Bretton Woods agreement stipulated that 70 percent of the profits from the fiat currency should go to humanitarian relief efforts..... which obviously never happened. We don't need a central bank to prosper as a nation and it was JFK's efforts to get rid of the criminals printing our currency that got him offed.

  • ProdigalSon

    Timothy Geithner (Secretary of the Treasury) arrested and released last week, facing possible criminal charges.....


  • botchtowersociety
    Don't get so heated and bothered. Which time and place in human history do you want to return to? You are welcome to pick any time before the fed even existed but remember you will need to do without modern medicine, incredibaly abundant and cheap food, motorised transport, the internet, schooling (unless you are lucky and got a religious eductaion), if you live past 5 most of your siblings won't, your job choices will mosty be back breaking and without the protection of laws etc. You get the picture. If there is a scam going on and it managed to deliver this much plenty at a time of massive population then bugger it - its got my vote.

    That's sort of a false choice. I can envision a world with all these good things yet without central banksterism. Can you? Last I checked none of these things were invented by the central banks, and would have come to fruition without them. We didn't have a Federal Reserve until 1913, yet the preceding decades in the US had seen breathtaking economic growth and breakthrough advancements in science, medicine, engineering, technology, and so on. In 1865 the US GDP was smaller than Italy's. By 1900 it was the largest in the world.

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