Book Review: Alien Agenda by Jim Marrs

AlienAgenda
TheBreakaway | BreakawayConciousness
Zy Marquiez
March 21, 2017

Jim Marrs has been putting out high quality work for some time.  Backing his hard work with extensive research of over 30 years experience, Marrs has set the research bar high with books like The Rise Of The Fourth Reich, Rule By Secrecy, Our Occulted History, and Popular Control.  This book is no different.

Alien Agenda – Investigating The Extraterrestrial Presence Among Us is definitely one of the most seminal and top-tier no-nonsense books on UFOs out there.

In a realm of research that that is littered with countless books with not much sourced material, and even more witness and whistleblower testimony, this book is definitely near the top tier.

As a book for someone just getting in, this book is really top notch.  The only book I would recommend more personally would be Richard Dolan’s UFOs For The 21st Century Mind: A Fresh Guide To An Ancient Mystery.

Taking a thorough and methodical approach which is signature in all of his books, Marrs brings the reader along the journey of all things UFOlogy.  Notably, this book covers a wide breadth of the information within the UFO field.  From issues with NASA, to The Moon, Ancient Astronauts, to Roswell, and even intricate subjects like Area 51, Crop Circles, and some of the most widely known UFO accounts, Marrs sought to leave no stone unturned.  The book really is a veritable encyclopedia of much of this elusive and thought-provoking phenomena.

If the book only covered those above topics, that would still make it a great book, knowing reliance on sourced material Marrs employs.  But there’s more.  Marrs also covers abstruse subjects such as abductions & missing time, the CIA, MJ-12, cattle mutilations, remote viewing, and even takes a metaphysical gander into ‘the phenomenon’ that’s quite unique.  This book really employs a wide range.   Marrs even ventures into the role of big finance in this abstruse subject.

Another salient point is that this book is footnoted to the hilt!  That ALONE takes this to a whole different level, which is rarely achieved in UFOlogy except only by the best researchers.  That is one reason why my respect of Jim Marrs has only grown overtime, because he doesn’t just connect dots that people can’t verify themselves.

For everything it offers, this book offers a lot of value.  Anyone really interested in the subject would be doing themselves a great disservice by overlooking it.  This book is a must have.
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This article is free and open source. You have permission to republish this article under a Creative Commons license with attribution to Zy Marquiez and TheBreakaway.wordpress.com.
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About The Author:

Zy Marquiez is an avid book reviewer, researcher, an open-minded skeptic, yogi, humanitarian, and freelance writer who studies regularly subjects like Consciousness, Education, Creativity, The Individual, Ancient History & Ancient Civilizations, Forbidden Archaeology, Big Pharma, Alternative Health, Space, Geoengineering, Social Engineering, Propaganda, and much more.

His own personal blog is BreakawayConsciousnessBlog.wordpress.com where his personal work is shared, while TheBreakaway.wordpress.com serves as a media portal which mirrors vital information usually ignored by mainstream press, but still highly crucial to our individual understanding of various facets of the world.

Meanwhile, In Spain, They’re Arresting Banksters

Source: GizaDeathStar.com
Dr. Joseph P. Farrell Ph.D.
February 28, 2017

Typically, according to “Great Power” theory, Spain lost its status as a Great Power in the Napoleonic era, and hence, it gets ignored… too much, in my opinion. The reason? Spain may have fallen on hard times from the end of the Napoleonic era up through the Spanish Civil War and the victory of Franco, but under Franco it regained much of its lost economic clout and, despite grievous setbacks in recent years, in 2016 was the 10th largest world economy by Gross Domestic Product, and the fifth largest in the European Union, behind Germany, the U.K., France, and Italy, and just slightly ahead of the Netherlands. But Spain, in a manner rather similar to Great Britain, does have an enormous soft-power card, due to the enormous influence it has had historically on the development of western culture. From the Philippines to Central and South America, Spanish culture became the dominant influence. During World War Two Franco carefully maneuvered, in spite of enormous pressure to join the Axis, to keep Spain neutral, playing the soft power card quite effectively in this effort, reminding the Axis powers that any invasion of Spain would be met with stiff resistance, and sever any useful ties the Axis had, via Spain, with the rest of the Latin world and most importantly, with their considerable investments in South America. In return, Franco bought Spain’s neutrality by sending a “volunteer” infantry division, the “Blue” division, to fight with the Axis in the Soviet Union, where it distinguished itself in combat operations in and around Leningrad.

So when a major economy of the West decides to start arresting banksters, I sit up and take notice (thanks to Mr. B.H. for sharing this article):

Spain Follows Iceland As Mass Arrests Of Top Bankers Begin

Note how this article by Jacky Murphy begins:

Spain’s Supreme court last year ruled that there was “serious inaccuracies” about listing led investors to back Bankia in error, as a result the bank has paid out millions of Euros in compensation.
If one translates this, what the Spanish Supreme Court is really saying is that Bankia, a consortium built from other failed banks(!), failed to apprise investors of serious exposure and risk; in short, it committed major material omissions of fact. This in and of itself is highly significant, but its import takes on a more sinister aspect when one connects it to the last paragraph in the article:
“The court is questioning why they allowed Bankia to sell shares in an initial public offering in 2011, less than a year before Bankia’s portfolio of bad mortgage loans forced the government to seize control of it. It said there was evidence the regulators had ‘full and thorough knowledge’ of Bankia’s plight. After its nationalisation, it went on to report a €19.2bn ($24.7bn) loss for 2012, the largest in Spanish corporate history.” (Emphasis added)
Now, many people may recall that Spain did indeed embark on an orgy of real estate projects during the pre-2008 boom, and, like other countries, when the housing bubble collapsed, the problems began. Additionally, while not often mentioned in connection to the refugee crisis, the Spanish government, like others, fell victim to the the multicultural virus and began importing refugees to such an extent that it dramatically effected the ability of native Spaniard youth to gain jobs; consequently unemployment rose dramatically, and with it, calls for secession from Madrid in various regions, most notably Catalonia. One reader of this website, located in Spain, referred years ago to the whole process of being one of remaking Spain into “Spanistan.” And though we don’t hear of Spain in this connection as often as we do of the Netherlands, France, Germany or Italy, or for that matter Great Britain or the USA, there has been a growing backlash against these policies among Spaniards.
What caught my eye here, however, was the admission that Bankia’s and indeed Spain’s economic woes were due to the same cause as elsewhere: “bad mortgage loans.” That, as one might imagine, caught my eye because I strongly suspect there is much more going on…

Read More At: GizaDeathStar.com
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About Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and “strange stuff”. His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into “alternative history and science”.

Spain Sets Massive Precedent — Charges Its Central Bankers in Court

Source: ActivistPost.com
Claire Bernish
February 21, 2017

First, Iceland, and now Spain has taken on the Big Bankers responsible for financial calamity, as the country’s highest national court charged the former head of Spain’s central bank, a market regulator, and five other banking officials over a failed bank leading to the loss of millions of euros for smaller investors.

This, of course, markedly departs from the mammoth taxpayer giveaway — commonly referred to as the bailout — approved by the U.S. government ostensibly to “save” the Big Banks and, albeit unstated, allow the enormous institutions to continue bilking customers without the slightest fear of penalty.

Errant bankers and financiers, it would seem, typically manage to either evade actually being charged, or escape hefty fines and time behind bars.

Spain’s Supreme Court last year ruled “serious inaccuracies” in information about the listing led investors to back Bankia in error, thus the bank has since paid out millions of euros in compensation.

But Spanish authorities could not abide the telling findings of a years-long investigation into the failed listing, as Wolf Street explains,

As part of the epic, multi-year criminal investigation into the doomed IPO of Spain’s frankenbank Bankia – which had been assembled from the festering corpses of seven already defunct saving banks – Spain’s national court called to testify six current and former directors of the Bank of Spain, including its former governor, Miguel Ángel Fernández Ordóñez, and its former deputy governor (and current head of the Bank of International Settlements’ Financial Stability Institute), Fernando Restoy. It also summoned for questioning Julio Segura, the former president of Spain’s financial markets regulator, the CNMV [National Securities Market Commission] (the Spanish equivalent of the SEC in the US).

The six central bankers and one financial regulator stand accused of authorizing the public launch of Bankia in 2011 despite repeated warnings from the Bank of Spain’s own team of inspectors that the banking group was ‘unviable.’

As AFP reports, “The National Court validated conclusions made by prosecutors who concluded that when ‘an unviable entity has been listed on the stock market, its administrators or auditor should not shoulder all the responsibility.’”

Specifics of the charges have not yet been made apparent, but as The Economist reports:

The court is questioning why they allowed Bankia to sell shares in an initial public offering in 2011, less than a year before Bankia’s portfolio of bad mortgage loans forced the government to seize control of it. It said there was evidence the regulators had ‘full and thorough knowledge’ of Bankia’s plight. After its nationalisation, it went on to report a €19.2bn ($24.7bn) loss for 2012, the largest in Spanish corporate history.

Internal emails and documents played a crucial role in ultimately bringing the central banking officials to task for the failure of Bankia — inspectors bringing issues to the attention of superiors were allegedly ignored. One email cited by The Economist came from an inspector who warned Bankia was “a money-losing machine,” for which an IPO would not solve.

Another report, deemed “devastating by the court,” saw an inspector advise Bankia to seek a private buyer rather than proceed with the listing.

Continue Reading At: ActivistPost.com

India To Gates, Nigeria To I.G. Farbensanto: Get Out: Time For A…

Source: GizaDeathStar.com
Dr. Joseph P. Farrell Ph.D.
February 18, 2017

Things are definitely getting interesting, if you haven’t noticed. Two of the stories that have attracted my interest recently are, firstly, the studies of vaccines conducted in Italy, and (surprise surprise) the Italians found all sorts of …well… just plain old crud in them.  It’s been getting so bizarre than there are actually indications that animal vaccines are cleaner than the vaccines that Big Pharma wants to give you and your kids. Secondly, the other story that has captured my interest was, of course, the rumors that President Trump’s administration was considering appointing Reobert F. Kennedy Jr. to chair a panel to investigate the CDC and the alleged science behind the safety of the modern vaccine.  In fact, things are so interesting I don’t know whether to categorize this under “Babylon’s Banksters” or the “GMO Scrapbook” or “Call it Conspiracy,” and you’ll see why in a moment.

In any case, I say “alleged science” because it’s looking increasingly like there wasn’t much of it: corporately approved “science” continues to assure us that all vaccines are safe (and that mercury and aluminum in them isn’t harmful and doesn’t cause Alzheimers or autism), that all GMOs are safe, that there’s no human cost to their consumption, and that it will solve world hunger in spite of real studies of rising costs, falling yields, and increased risks.

Underlying all this, there’s a growing revolt against not only Mr. Globaloney, but against his mega-corporations and what appears to be, at best, a consistent policy of profits at any cost, and at worst, a deliberate policy inhumanity designed to depopulate, to strip the middle class of every last breath of their wealth and labor, and to make people perpetually sick and dependent upon them. But there’s growing backlash to them. Consider these two stories from that perspective:

Monsanto GMO Seeds in Nigeria, Breaking the Agricultural Cycle, Complicity of UN World Food Program

India Ends Ties With Gates Foundation on Vaccines Over Worries of Big Pharma Influence

http://www.thelastamericanvagabond.com/health/india-ends-ties-gates-foundation-vaccines-worries-big-pharma-influence/embed/#?secret=bCAKyqGYFf

India has, of course, suffered tremendously under the assaults of “Amerimegacorp” (for want of a better expression). We recall the stories about vaccine experiments from a few years ago being sponsored by said foundation. But the timing of this story with the Italian story I blogged about last week is interesting.  Similarly, Indian farmers were committing suicide a few years ago under the onslaught of GMOs (guess what company was involved?): loans were made to buy GMO seeds, the cycle of Indian agriculture  was disrupted as natural seeds were abandoned. The more expensive seeds ruined many Indian farmers. The study cited by the Indian government captures my fundamental contention that one of the memes of the major cultural paradigm shift we’ve been entering for the past decade:  big mega-corporations and their ideologies are now under assault, and this, I suspect, is a generalized cultural phenomenon that will not go away. Here’s how that study put it:

According to the Global Policy Forum, who’s study was used in India’s decision to cut their ties with the Gates Foundation, BMGF is not always a force for good. In their report, Gated Development – is the Gates Foundation always a force for good? — Mark Curtis explains:

Gated Development demonstrates that the trend to involve business in addressing poverty and inequality is central to the priorities and funding of the Bill and Melinda Gates Foundation. We argue that this is far from a neutral charitable strategy but instead an ideological commitment to promote neoliberal economic policies and corporate globalisation. Big business is directly benefitting, in particular in the fields of agriculture and health, as a result of the foundation’s activities, despite evidence to show that business solutions are not the most effective.

Perhaps what is most striking about the Bill and Melinda Gates Foundation is that despite its aggressive corporate strategy and extraordinary influence across governments, academics and the media, there is an absence of critical voices. Global Justice Now is concerned that the foundation’s influence is so pervasive that many actors in international development, which would otherwise critique the policy and practice of the foundation, are unable to speak out independently as a result of its funding and patronage.

The Nigeria article confirms yet another connection:

It reveals that, Bill Gates and Monsanto in collaboration with the WFP and World Bank are implicated in the carnage created by Boko Haram’. It is inevitable that the poor farmers must buy the new seeds from Monsanto or else they would be out of business. The devastation that awaits the farmers in the Northeast is even greater than the present. The cost of seeds from Monsanto could go as high as 30 times as was the experience in India with Bt Cotton , where 300,000 farmers committed suicide because they could not meet up with costs of seeds.

Despite the false promises and propaganda, the scientific facts show that GMO crops are failing to control pests and weeds, and have instead led to the emergence of superpests and superweeds. 

Monsanto which is owned in part by Bill Gates, the American billionaire who is actively engaged in Nigeria personally, and through several envoys including Melinda Gates, NGOs, and proxies in the World Bank and Africa Development Bank, has worked relentlessly to deceive Africa leaders and trick them into approving GMOs and Hybrid seeds. Bill Gates wants to control the seed market for all foods in Africa’s most populous nation, Nigeria. (Italicized-bold emphasis added).

Now throw in one more context for this emerging trend: the clear involvement of billionaire busibodies like Gates and Soros in formulation of domestic and foreign policy via their privileged  tax exempt foundations. And increasingly, their policies and “science” are revealed not only to be inhuman, but anti-human, regardless of the rationalizations they may tell themselves.

So where am I going with all this? It’s time to have a discussion about “charitable foundations” – all of them – aBdfdfdfdfnd their relationship to governments and the big mega-corporations.  I think it’s high time for another Reece committee investigation of foundations. And my suggestion for chief counsel for said committee would Julian Assange. And my suggestion for that putative committee would be to start at the top: Rockefailure, the billionaire busybody Gates,  Darth Soros, the whole lot of them.

Let’s call this moment of history, the “Philippe le Bel” moment of history.

Philip was, of course, the King of France who – so the official narrative goes – had so indebted himself and France that he approached the Templar Order for a loan, and was refused. He then decided to shut down the order in a coordinated raid on all their houses and preceptories throughout France, all on one day, via secret and sealed orders. The reason, he wanted to get his hands on the fabled “Templar Treasure” and “ledgers and papers.” What he found was nothing. And ever since academics have listed the “fabled Templar Treasure” and “ledgers” as just another conspiracy theory for which there was no evidence. Templar fleets had set sail (so the story goes), perhaps taking their archives and treasure with them.  Academics, of course, miss the point, but it’s one that anyone of common sense will understand: the Templar order, the richest in Europe, was involved in banking, in policy making, in warfare. To find the treasure, to know for sure if they were up to sedition against the King, one had to have the key to all that: not the physical stocks of bullion, but the ledgers, the records.  And yet, when Philippe le Bel struck, there was…

nothing.

Let that sink in for a moment, and while you do, recall that the  chief council for the Reece committee, Rene Wormser, stated in his book about that committee, Foundations, Their Power and Influence, that the modern tax-exempt foundation was but a new form of the old mediaeval military crusading orders, like… the Templars.

So what would such a committee find by summoning and subpoenaing the records of those foundations? Probably nothing… sanitized records, missing records… but that, in itself, would speak volumes.  Especially if those foundations have been penetrated, and copies made…

See you on the flip side…

Read More At: GizaDeathStar.com
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About Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and “strange stuff”. His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into “alternative history and science”.

More Fines For Deutsche Bank For Russian Trades

Source: GizaDeathStar.com
Dr. Joseph P. Farrell Ph.D.

If you’ve been following the strangeness in banking over the past few years (and decades for that matter) you’ll have noted certain names to keep popping up, and this is particularly the case in the aftermath of 9/11, and one of those names is Deutsche Bank. This article was shared by Mr. M.M., and there’s a few things in this article that caught my attention, but unless one knows the story, the bland reporting of the Reuters article will cause those things to go completely unnoticed. Besides being under investigation in Italy for some shady trading deals implying the use of the float to generate money (see https://gizadeathstar.com/2017/01/eye-looming-storm-bankster-deaths-missing-money-deutsche-bank-part-two-promis-will-float/), and besides having already been hit with fines for other things, being under investigation for helping to rig the London Inter-Bank Offered Rate (LIBOR), now the big German bank is being hit with fines for trades involving Russia:

Deutsche Bank fined for $10 billion sham Russian trades

Now, if one has been following the strangeness going on in Europe ever since the Advent and Epiphany of Mad Madame Merkel, one might get the idea that there is something very real and very messy going on behind the scenes; it is almost as if a covert warfare, much of it economic, were being waged against Germany; first the former German Foreign Minister, Steinmeir, gave a little talk in Berlin to assembled German businessmen a few years ago, informing them that Germany’s foreign policy would have to become more “militaristic”. He spouted a bunch of globaloney to buttress his position, but in the end, one didn’t really have a clear picture as to why it was necessary to do so. Then Germany announced it wanted to triple the size of its military and bring it back to Cold War standards of size, then Germany backed the creation of an all-European army, and now it wants to open its military to foreigners, EU army or no (see today’s “tidbit.”) Volkswagen was hit with stiff fines for falsifying its emissions by the USA, and Deutsche Bank is being hit with fine and after fine from Washington and London… then came BREXIT.  And through it all, persistent attacks on Deutsche Bank, a major bank within the Western system of finance. It almost leaves one with the impression that someone, somewhere, wants to drive it into the ground, or at least peel it away from that system.

Whether all of this be true or not is, alas, the subject perhaps of a more lengthy examination in the future, for it is not the subject for today’s high octane speculation.

What is of interest in the Reuters article by Karen Freifeld and Arno Schuetze is the following:

Deutsche Bank (DBKGn.DE) has agreed to pay $630 million in fines for organizing $10 billion in sham trades that could have been used to launder money out of Russia, the latest in a string of penalties that have hammered the German lender’s finances.

In two detailed reports, U.S. and British regulators criticized the bank for not knowing the customers involved or the source of money for the trades, which helped buoy revenue during a slowdown following the global financial crash.

The scheme involved so-called mirror trades carried out between 2011 to 2015 – for instance, buying Russian stocks in roubles for a client and selling the identical value of a security for U.S. dollars for a related customer.

Note firstly that some of these trades were executed after the sanctions on Russia, and secondly, that it involved laundering money out of Russia. But then we’re told there are missing documents, and that apparently the US Department of Justice was looking even deeper:

Karl von Rohr, Deutsche Bank’s chief administrative officer, said the bank regretted its role in the Russian trades scheme and that it had since acted to address shortcomings.

He cautioned, however, that other authorities were investigating the trades and that the matter was not yet closed.

The U.S. Department of Justice is not part of the deal and is still looking into the trades. A spokesman declined to comment on its inquiry.

What disturbs me here is the potential that Deutsche Bank’s alleged activities, at least in so far as Reuters is reporting them, might represent a continuation of the “rape of Russia” policies that began shortly after the collapse of the Soviet Union, under the fragile government of Mr. Yeltsin. That rape had many players, among them the Bank of New York, and the Harvard Institute of International Development (See Anne Williamson ‘s “Testimony Before the Committee on Banking and Financial Services of the United States House of Representatives, Sept 21, 1999, here: BankstersInRussiaAndGlobalEconomy.htm). Yes, that’s the same Bank of New York that some 9/11 researchers implicate in mysterious securities clearing after 9/11, and that’s the same Harvard Institute of International Development that, according to Ms. Williamson, “advised” the Clinton Administration on its “austerity” policies. The result of those policies, argues Williamson, was the rape of the Russian people, and a massive transference of wealth into the hands of the old nomenklatura and into the hands of Western oligarchs.

So where’s the high octane speculation here? Note that the German bank’s activities would, as I suggested above, seem to fit this pattern. But also note the equally if far more curious thing that it is being fined for those activities. I see two possible ways to interpret this: (1) the German bank wanted…

Continue Reading At: GizaDeathStar.com
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About Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and “strange stuff”. His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into “alternative history and science”.

At The Eye Of A Looming Storm? Those Banker Deaths & More Missing…[Part 2]

Banksters
Source: GizaDeathStar.com
Dr. Joseph P. Farrell
January 29, 2017

Yesterday I began this two part blog by noting an important article that appeared in Bloomberg Business Weekly, authored by Vernon Silver and Elissa Martinuzzi, concerning how Deutsche Bank made billions disappear from its books. At the end of that blog, I noted the banker deaths that mysteriously surrounded the Deutsche Bank transactions with Michele Faissola and the Italian Banca dei Paschi di Sienna, a bank in continuous operation since the Renaissance. I also noted Bloomberg’s “take” that this transaction was a microcosm of Deutsche Bank’s other operations. Finally, I noted that the banker deaths were not confined to associations with Deutsche Bank, but that they engulfed other prime banks and even some insurance institutions in the Western financial system, among them J.P. Morgan Chase. So to refresh our memory, we have the following elements:

(1) Derivatives trade, which comprise in part mortgage-based securities, that are tied to “triggers” such as interest rates;

(2) Deutsche Bank’s role in helping rig the LIBOR(London Inter-Bank Offered Rate), one such “trigger”;

(3) the global phenomenon of banker deaths, which I now hypothesize is an indicator that Deutsche Bank’s practices are, indeed, not confined to that bank alone but part of a systemic “operating procedure” for purposes yet to be speculated about; and,

(4) the details of the Deutsche Bank-Banca dei Paschi di Sienna transaction, currently being investigated and adjuticated in Italy.

Let us refresh our memory on the details of that last point, for they bear directly on today’s high octane speculation, which I have titled “I PROMIS you it will Float”:

That’s typically a red flag to auditors and regulators, and it took almost a month for Deutsche to alter the deal so it contained a small amount of actual risk. The bankers did this by mixing in two interest rate triggers—that is, prices to be fed into a formula that would determine how much money the participants in the trade had to pay or receive from each other. But that created a slight possibility that Paschi could win both sides of the bet. To mitigate this potential Deutsche loss—as much as €500 million—Deutsche added a third trigger. Underlying the now complex flowcharts of rates, payments, and triggering events was the asset on which the transactions were to be based: about €2 billion in Italian government bonds.

Further illustrating the incestuousness of the deal, Paschi would need to buy the bonds and hand them over to Deutsche as collateral. Deutsche, for the sake of its own accounting, would need to sell the bonds to come up with cash that it then would give right back to Paschi to pay off the Santorini loss. And Paschi would buy the bonds in the first place from a third bank that had bought them from Deutsche.

Now notice that this is simply a circular “triangle” designed to facilitate the accounting practice that would allow the whole transaction to be kept off the balance sheets:

Deutsche also benefited from the way it accounted internally for its side of the deal. That complex shuttling of Italian bonds? The bank decided that all of the back-and-forth maneuvers canceled themselves out and did not need to appear on its balance sheet. Deutsche began to apply the practice to transactions around the world, totaling more than $10 billion that never showed up on its books and making the bank look smaller and less risky than it really was.

But what is really going on? I suspect it has a great deal to do with a method of generating money and keeping that money off the books, a method known as the “float.” (There are actually two kinds of floats here, but we’re only considering one of them in this exercise of high octane speculation). Investopedia defines the first type of float this way:

Money in the banking system that is briefly counted twice due to delays in processing checks. Float is created when a bank credits a customer’s account as soon as a check is deposited. However, it takes some time for the check to be received from the payer’s bank. Until the check clears from the payer’s bank, the amount of the check appears in the accounts of both the recipient’s and payer’s banks.(See Investopedia: What does “float” mean?)

Notice that money deposited in an account appears on the bank’s books as a liability of the bank; however, prior to actual clearing of the transaction, both at the paying and receiving end, that money is in a kind of accounting limbo, during which time it can actually function as a “hidden” reserve, allowing the bank to use it for very quick transactions on which it will earn more money, before the transaction is cleared.

In this case, the Deutsche Bank-Banca dei Paschi di Sienna triangular transaction created an enormous float, which could be conveniently tracked in real time by…oh, say, a database management software program like PROMIS, brainchild of Inslaw Corporation and its founder, William Hamilton. As most readers here are aware, Inslaw’s software was stolen by the Reagan Justice Department, modified with several backdoors, and then covertly marketed by the American intelligence community to a variety of countries. As I noted in Hidden Finance, Rogue Networks, and Secret Sorcery, this software could track anything – including financial flows – in real time through a variety of databases.

Such money generated by this practice may, or may not, be entered on the bank’s books. In the latter case, it would constitute a “hidden reserve”, so to speak, which can then be used to create even more liquidity. As I’ve noted above, coupling this practice to the derivatives and to mortgage fraud – think only of Catherine Austin Fitts’ story detailing massive mortgage fraud in the Department of Housing and Urban Development when she was assistant secretary there, and one creates an enormous hidden financial system with a volume of liquidity that would probably boggle the mind, liquidity that in turn can be covertly used for a variety of purposes, from manipulation of markets of all sorts – commodities, bullion, interest rates and so on – to covert funding mechanisms for covert operations and, given the sheer scale of the system, funding for expensive black projects research and technologies, and even as a mechanism to fund “off world” projects and trade. Keeping the float secret is, I am arguing, a fundamental component of this hidden system of finance, and it would be a national security secret worth keeping at any price, including the murder of those who…

Continue Reading At: GizaDeathStar.com
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About Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and “strange stuff”. His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into “alternative history and science”.

What deal did Donald Trump make with Goldman Sachs?

... the Next Impact Target After Goldman Sachs Snaps Up Imprint Capital
Source: NoMoreFakeNews.com
Jon Rappoport
January 12, 2017

Wall Street On Parade (January 9) details the boggling Goldman Sachs presence on Trump’s team. My comments will follow the list of names.

“Trump nominated Steven Mnuchin, a 17-year veteran of Goldman Sachs to be his Treasury Secretary.”

“Stephen Bannon, another former Goldman Sachs banker, was named by Trump as his Chief Strategist in the White House.”

“The sitting President of Goldman Sachs, Gary Cohn, has been named by Trump as Director of the National Economic Council, which, according to its website, coordinates ‘policy-making for domestic and international economic issues’.”

“…Trump nominated a Goldman Sachs outside lawyer, Jay Clayton of Sullivan & Cromwell, to serve as Wall Street’s top cop as Chairman of the Securities and Exchange Commission.”

“…Clayton’s wife currently works as a Vice President at Goldman Sachs.”

“According to Politico, Goldman Sachs partner, Dina Powell, President of the Goldman Sachs Foundation, is Ivanka’s ‘top adviser on policy and staffing’.”

“Then there is Erin Walsh who had worked at Goldman Sachs since 2010 as an Executive Director and head of its Office of Corporate Engagement for Asia Pacific…Walsh is now part of Trump’s transition landing team for the State Department and is engaged in prepping the just retired CEO of ExxonMobil, Rex Tillerson, for his Senate confirmation hearing this week to become the Secretary of the Department of State, according to Politico.”

“And there is yet another former Goldman Sachs banker, Anthony Scaramucci, who sits on Trump’s transition team.”

The first question is: would a Trump-Goldman deal benefit Trump in a personal way? Wall Street On Parade offers possible clues.

“Now the Dow Jones company, MarketWatch, has reported that Trump’s debt is held by more than 150 Wall Street firms. The New York Times has reported that Goldman Sachs Mortgage Company holds a loan on an office tower at 1290 Avenue of the Americas, a building that is 30 percent owned by Donald Trump.”

“Some of the Trump debt held by Wall Street firms, according to media reports, includes Donald Trump’s personal guarantee in the event of a default. The true owners of other Trump debt are shielded behind secretive Limited Liability Corporations…”

If Trump is in trouble with those loans, if he’s in danger of not being able to make his payments, then that fact could form the basis of a Goldman Sachs deal. Trump gets loan protection, Goldman gets a number of influential (and self-serving) seats at the big table in Trump’s administration.

Beyond this, Goldman Sachs is…I’ll let Matt Taibbi describe them. From his classic 2010 Rolling Stone article:

“The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent financial crisis [2008], which doubles as a history of the rapid decline and fall of the suddenly swindled dry American empire, reads like a Who’s Who of Goldman Sachs graduates.”

“By now, most of us know the major players. As George Bush’s last Treasury secretary, former Goldman CEO Henry Paulson was the architect of the bailout, a suspiciously self-serving plan to funnel trillions of Your Dollars to a handful of his old friends on Wall Street. Robert Rubin, Bill Clinton’s former Treasury secretary, spent 26 years at Goldman before becoming chairman of Citigroup — which in turn got a $300 billion taxpayer bailout from Paulson. There’s John Thain, the asshole chief of Merrill Lynch who bought an $87,000 area rug for his office as his company was imploding; a former Goldman banker, Thain enjoyed a multi-billion-dollar handout from Paulson, who used billions in taxpayer funds to help Bank of America rescue Thain’s sorry company. And Robert Steel, the former Goldmanite head of Wachovia, scored himself and his fellow executives $225 million in golden-parachute payments as his bank was self-destructing. There’s Joshua Bolten, Bush’s chief of staff during the bailout, and Mark Patterson, the current Treasury chief of staff, who was a Goldman lobbyist just a year ago, and Ed Liddy, the former Goldman director whom Paulson put in charge of bailed-out insurance giant AIG, which forked over $13 billion to Goldman after Liddy came on board. The heads of the Canadian and Italian national banks are Goldman alums, as is the head of the World Bank, the head of the New York Stock Exchange, the last two heads of the Federal Reserve Bank of New York — which, incidentally, is now in charge of overseeing Goldman…”

“The bank’s unprecedented reach and power have enabled it to turn all of America into a giant pump-and-dump scam, manipulating whole economic sectors for years at a time, moving the dice game as this or that market collapses, and all the time gorging itself on the unseen costs that are breaking families everywhere — high gas prices, rising consumer credit rates, half-eaten pension funds, mass layoffs, future taxes to pay off bailouts…”

So, Goldman Sachs wants to keep on doing what it has been doing. On the other hand, Trump wants a rising stock market—a symbolic signal that the economy is strong. Understanding that the market is manipulated by insiders, Trump would know where to go to make a deal.

Goldman gives him rising market numbers, and Trump gives them what they want. How much of what they want?

Another area where Goldman could provide help: assembling the funding for a major part of what appears to be an FDR New-Deal project to rebuild America’s infrastructure, putting large numbers of unemployed people back to work. The cost? At least a trillion dollars. Convincing Congress to back this plan—and also support Trump’s tax cuts—could run into a serious roadblock. The money has to come from somewhere.

It might be useful to analyze the ominous levels of public debt accumulated by state governments. The debt is floated on bond issues, and someone has to underwrite and guarantee those issues. Banks like Goldman Sachs are in that business. Trump may have approached Goldman with the premise that, by creating whole swaths of new jobs across the country, the states’ tax revenues will rise, and therefore the payback on Goldman’s investments will become more secure.

It seems certain that Trump is leaning heavily on Goldman to run interference for him. He is walking a risk-laden path.

Partnering with a vampire squid doesn’t inspire confidence.

Since I began writing and speaking about Trump…

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