We know that the commercial banks, the Federal Reserve, and the US Treasury together create all US money, some of it in legitimate deals in accordance with US law and some of it in shady activities that cannot stand the light of day. Yet, evidence is available to verify that abuse of the power to create money is occurring. When uncounted numbers of plane loads of palleted cubes of stacked $100 bills are flown overseas repeatedly by the NY Federal Reserve Bank out of JFK airport (observed and reported by credible witnesses) to unknown recipients in the former Soviet Union, Iraq, Afghanistan, and recently, after laundering by unknown European central banks, turning up in Iran as euros and Swiss francs, it is certain that there are unaccountable illicit transactions being made with the permission of the US Treasury and the POTUS.
However, officials claim these are legitimate transactions when confronted but provide no accounts to prove that these were not off-the-books distributions of what amounts to officially produced counterfeit cash. All legitimate international transactions will have a paper trail in the official ledgers of the Fed, the US Treasury, and the frozen asset accounts of the recipient country.
But there is nothing to prevent the US Treasury, directed by the POTUS, from printing these pallets of stacked Benjies at the Bureau of Printing and Engraving, delivering them to the NY Fed Bank, and then loading them for delivery via unmarked, unscheduled flights out of JFK. This is a very simple anonymous process. If this were a legitimate transaction the Fed, when questioned, would have the paper trail to prove legitimacy. It has never done so.
No legitimate cash transactions are made by governments. Cash is used when, and only when, it is important that there be no paper trail. Electronic transactions through central banks are much easier as well, since no flights are needed. Cash is used by smugglers and clandestine CIA international meddling.
Changing Channels...
Once the corner is turned and a successful crime has been completed, the flood gates are open, and the perpetrators consider the crime to be a viable option for future projects. In this case, we are talking about the benefit of anonymity in whatever project the government may wish to tackle.
The largest heist in history, committed by the US government in cooperation with the Fed, for the benefit of the Wall Street gang was a perfect caper for the use of unaccountable money. Until Michael Hudson published Killing the Host outsiders could only make feasibility arguments. Now, we have the detailed steps and timeline for the official response to the crash of 2008 laid out for us (Chapter 14). It works like the old shell game writ large.
The banksters knew what was going to happen. Their scheme for trapping the 99% in debt that obviously and intentionally could not be repaid was a Ponzi scheme. But Wall Street was in control of the US Treasury and the President. They planned in advance how they were going to deal with the inevitable crash when it came. When it did come their concerted response was as swift and smooth as the performance of a symphony orchestra. There was no element of surprise in their response. Every contingency had its planned response, and it all went off like clockwork except for a few honest officials who tried to stop it but were unsuccessful and lost their jobs as a result. Sheila Bair of the FDIC comes easily to mind.
Here is a list of some individuals who were conspirators and/or knowing enablers in this crime, the largest of its kind ever committed:
Roger Altman
Ben Bernanke
Lloyd Blankfein
Tom Bliley
George W.Bush
James Cayne
Bill Clinton
Stanley Fischer
Richard S. Fudd
Timothy Geithner
Phil Gramm
Alan Greenspan
Marisa Lago
Jim Leach
Jack Lew
Obama
Peter Orzag
Vikram Pandit
Henry Paulson
Robert Rubin
Allan Schwartz
Nathan Sheets
Larry Summers
These names are all published in Chapter 14 of Killing the Host. You will need to get the book to understand how these people participated in or enabled this heist. Also implicated was the Democratic Party.
So...will you vote for more of this?
There can be but little doubt that Hillary knew the game as it played out and obviously had no problem cozying up to these perpetrators and delivering six confidential speeches at Goldman Sachs at $225,000 each in recent years.
Think about the agony of ordinary Americans who were duped into assuming too much mortgage debt and lost their homes while Wall Street fat cats raked in $1.7 trillion of new taxpayer debt. From September 2008 through September 2012 there were approximately 4 million families who lost their homes in foreclosure, click here and that was by no means the end of it.
Think about this. This will happen again. Do you want Hillary and her controllers in charge when the next crash happens?
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