…And The Next Visitor To Antarctica Is…

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

Ok folks, things just became even more bizarre regarding the Antarctica Strange Visitors Sweepstakes. May we have the envelope please… ?

And the next visitor to Antarctica is…

……….. The Russian Baltic Fleet! (Applause):

Ships of Russian Baltic Fleet to make voyage to Antarctica this year

…uhm… er… really?  I mean… really!?

Now, as I recall, the last time the Russians sent their Baltic Fleet on this kind of half-way-round-the-world junket was in 1905 during the Russo-Japanese war, whereupon Japanese Admiral Togo promptly sank it in the Tsushima straits. Of course, when it comes to the modern Baltic Fleet, the TASS article reassures us that this is all “perfectly” normal and just part of the Baltic Fleet’s usual schedule of voyages and drills and “showing the flag”:

Ships of Russia’s Baltic Fleet, one of the major regional divisions of the Navy, will make several long-distance voyages this year, including a voyage to Antarctica, the official spokesman for the Fleet, Roman Martov told TASS.

“The ships of the fleet are to make long-distance voyages to the North Sea, to the Mediterranean, to Antarctica, and to other areas of the world ocean this year,” he said without specifying the ships that would take part in them, as the voyages were still in the phase of planning.

Martov recalled that the oceanic survey vessel of the Baltic Fleet, the Admiral Vladimirsky, did an Antarctic voyage from November 2015 through to April 2016, for the first time in thirty years.

He pointed out a constant expansion of the geography of voyages, saying that ships of the Baltic Fleet performed assignments in the Caribbean, North, Black, and Mediterranean Seas, as well as in the Atlantic and Indian Oceans in 2016.

Nothing to be concerned about or see here; just routine stuff… move along. Dosvuydanye.

Of course, we note that the “oceanic survey vessel”, the Admiral Vladimirsky, was in the Antarctic doing oceanic surveys (presumably) just a few months before the Patriarch of Moscow’s visit to bless the snow and penguins. And, let’s be fair, I remember the days when “Russian survey vessels” meant big ships bristling like a porcupine with all manner of antennae and electronic equipment to eavesdrop on Western communications. So let’s assume the Admiral Vladimirsky is one such vessel. Oh, look, why, it is just such a ship, and oh, look where it was before it sailed off for Antarctica:

Read More At: GizaDeathStar.com
________________________________________________

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”.

Arizona & Utah Legislating For Specie…

Source: GizaDeathStar.com
Dr. Joseph P. Farrell Ph.D.
February 11, 2017

Last Thursday on my News and Views from the Nefarium I noted something of major geopolitical consequence as major Japanese banks were joining the CIPS (China International Payment System) of financial clearing, bypassing SWIFT (Society for Worldwide Interbank Financial Telecommunications) and therefore the US dollar. This, in my opinion, was a geopolitical-financial earthquake. We have yet to see the fall0ut from this, but over the next few years I suspect we will, as other nations in the BRICSA bloc join and participate. China will couple this (obviously) to its Silk Road project, so one can except individual nations to participate, particularly those involved in China’s Asia Infrastructure Investment Bank. Watch for Great Britain to do the same, thus straddling both the Western and Asian systems.

All this is to say that “something is up” in the financial world. For example, there’s the story that Germany has completed its gold repatriation, three years ahead of time. Some who sent me this article suggested that this “speed up” may be due to the pressures on Germany’s largest, and one of the world’s largest, banks, Deutsche Bank. But there are other clues that “something is up”. Recall that last year we occasionally blogged about the story that the American state of Texas had legislated the creation of a state bullion depository, and additionally, that Texas was, like Germany, seekiing to repatriate its own bullion stocks from the Fed to the state, presumably to its bullion depository.

Well, now you can add Arizona and Utah to that mix – at least, tentatively:

Utah Bill Sets Stage For State Gold Depository, Further Encourages Use Of Metals As Money

Arizona Committee Passes Bill To Support Sound Money

http://www.activistpost.com/2017/02/arizona-committee-passes-bill-support-sound-money.html/embed#?secret=6DVqHf4Sgm

If both states pass their measures, the this would be two American states with state bullion depositories, and Arizona would join several states which have passed bills reaffirming that specie money is constitutional money and legal tender; most of those states that have passed similar measures, if memory serves me correctly(!), are in the upper plains states.

In any case, the real question here is what all of this means. And here I suspect that your high octane speculation is as good as mine. Firstly, there is the view that would hold that these states, like Germany, sense “something is up” and are building hedges and fences to insure their continued financial security. Secondly, there is a view that would see these moves as more indications that the US federal “one size fits all” political and financial institutions are breaking down, and that these states are taking measure to protect themselves. There is much to commend this view, as already state and municipal retirement pension funds are under severe pressure. In California the mathematics is undeniable, notwithstanding the make-believe world that Sacramento seems to live in: the state is facing a long-term financial “Situation” that is not good. The word hasn’t been used yet, but think “Greece” and “tonsorial parlors” and you get the idea. Thirdly, closely allied with this view is that idea which holds that the union is, indeed, breaking apart under a variety of pressures, many financial, and many the much more intangible but profound cultural divisions. A glance at the county-by-county maps of past federal elections tells the story: the progressive left thrives on the coasts and in the urban centers, while the more traditional right thrives in the rest of the country, in mid-sized urban areas and rural areas. Fourthly, and now entering the world of “high octane speculation,” bullion depositories and specie strike a direct blow not only against the centralized banking and financial system of the west, but the “cashless society” plans of Mr. Globaloney, for such money protects individual privacy and sovereignty. But specie also promotes not only anonymity, but given the fact that these states are in the US southwest, they could be positioning themselves for a much bolder presence on the global stage, for like it or not, even Mr. Globaloney likes bullion. Specie enable international trade, especially in an environment when there is increasing pressure on the US dollar’s reserve currency status. Fifthly, and also in the realm of “high octane speculation,” there is also a diametrically opposite possibility: by opening depositories, the could be a covert scheme to have all the bullion in private hands deposited… and then seized in those “tonsorial parlor” maneuvers we’ve seen before in history: the banksters have a variety of euphemisms for the procedure, but in the end it amounts to mere theft.

And a final thought:

Read More At: GizaDeathStar.com
________________________________________________

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”.

January Book Haul 2017

bookhauljanuary
TheBreakaway
Zy Marquiez
February 10, 2017

At to risk of sounding out of touch with reality, just recently saw my first book haul of my life on someone’s wordpress.  YES, REALLY.  It’s all good, you can laugh.  It’s like someone that loves gaming never hearing of a Playstation, no?

It really shows what happens when you ensconce yourself in a hobbit hole for-beyond-ever.  How does a bibliophile end up not knowing about other people’s bibliophiliness? [If THAT could ever be a word!] Well, by being a book-a-holic de jour, of course.

All jest aside, as someone who reads books like they’re going out of style, figured it would be interesting/different to try one of these out and am going to attempt to do these monthly as well.

In any case, what follows are the titles of each of the books, and a short reason as to why these books were picked up.

Exploring J.R.R. Tolkien’s The Hobbit by Corey Wilson

Making my way through The Hobbit and Lords Of The Rings for a second time, this seemed like a natural adjunct to The Hobbit, and it does not disappoint.  If you love Tolkien’s work, particularly The Hobbit, you will LOVE this.  The breadth and scope that Tolkien employed in The Hobbit was vastly more phenomenal than you could imagine.  But don’t take my word for it, do your own research.

Underground History Of American Education by John Taylor Gatto

Having read Gatto’s landmark books Dumbing Us Down [Review Here], A Different Kind Of Teacher [Review Here], and Weapons Of Mass Instruction [Review coming soon], this seemed like a nice way to round out my research into public schooling, particularly the historical side.  Of course, Gatto not only calls it how it is, but he’s methodical and precise in sourcing his material, showing how those within the establishment – in their own words – have wanted to dumb down education and create an enormous engine of conformity for over a century.  And it’s worked in spades, as can be seen here.  This book should really be a zinger.

Dark Matter, Missing Planets & New Comets by Tom Van Flandern

Having read Dr. Joseph P. Farrell’s Cosmic War – Interplanetary Warfare, Modern Physics And Ancient Texts, getting Tom Van Flandern’s book seemed essential to understanding the exploded planet hypothesis that Dr. Farrell discusses in his book.

LONG story short, the hypothesis is that where the asteroid belt now resides, there used to be a planet and it was destroyed.  Van Flander did research into this, and found strong evidence for this particular theory.  Furthermore, there’s also evidence that this event was deliberate and not natural.  Ironically enough, for those that might think that idea sounds ludicrous, check this out:

British Scientists To Lead Hunt For Fragments Of ‘Dead Planets’ Hidden In Antarctica

How ‘bout them apples asteroids?

Benjamin Franklin by Walter Isaacson

Having not been taught nigh anything of the founding fathers in school, this was a must read.  One of those topics that doesn’t get enough coverage, and it’s because most of the populace are ignorant of it, mainly because public schooling is all but removing any semblance of true history from school.

Ask yourself, why don’t schools – high schools / colleges / universities – have any courses in Freedom?  For a country that loves to parade freedom around, it’s quite troublesome that its one main tenet isn’t ever discussed…

Am also planning on getting Franklin’s short autobiography soon, but all in due time.

Disease-Mongers: How Doctors, Drug Companies, And Insurers Are Making You Feel Sick by Lynn Payer

After reading this particular link, getting this book was a must.  As an individual who’s always sharing information about the growing and rampant issues of Big Pharma in order to educate others, this book seemed indispensable.  Although a bit dated, am hopping the book still holds plenty of information valuable enough to share.

Before I Go – Letters To Our Children About What Really Matters by Peter Kreeft Ph.D.

It took a long time for me to find a philosopher/individual that not only talked about classical philosophy in a manner one can learn from, but also many other unsung topics within that realm, which are still vital nonetheless.  Enter philosopher Peter Kreeft Ph.D.  Why did Kreeft like a natural fit for me, when there are countless people out there?

Kreeft is methodical, logical, precise, not overly complex, isn’t afraid to ask tough questions, uses simplicity quite often, and thinks in an analogical manner.  If there was EVER someone who would have been awesome as a professor, at least from my point of view, this person would be it.  Heck, Kreeft’s range in thought/discourse is so wide that even has a book on J.R.R. Tolkien’s Philosophy, called The Philosophy Of Tolkien: The Worldview Of Lord Of The Rings, which is on the way as we speak.

In any case, having reading Kreeft’s Socratic Logic [review here], and Philosophy 101 by Socrates: An Introduction To Philosophy via Plato’s Apology [review here], which are two indispensable books, mind you, am making it a point of getting all of his books that appeal to me, and the book above fit within those parameters.

Reading has become a mainstay in my life, and am finding that am learning magnitudes more than ever thought possible when compared to public schooling, which was a complete waste of time and didn’t yield anything of substance that couldn’t have been taught by people in homeschooling or by private tutoring.  That’s why am making it a point to continue being an autodidact, while also researching topics that will be of interest to myself, but might also help others in the process.

Have any of you done any bookhauls?  If you’ve done any, please share them below as it would be great to see what books individuals have gotten – or are considering for that matter – these last few months.

…Uhm…British Scientists Are Looking For WHAT In…

Source: GizaDeathStar.com
Dr. Joseph P. Farrell Ph.D.
February 9, 2017

If you’ve been following the strangeness in Antarctica, you can add some more strangeness, and this ranges from a completely unsubstantiated rumor, which we’ll get to in a moment, to something that is a little more than… well, creepy, which will be the subject of our trademark High Octane Speculation de jour.

So let’s look at the unsubstantiated rumor. When Ms. K.F. sent this to me, I looked at the subject header, and said out loud to my empty office, “You’ve got to be kidding!” I clicked on the link and found this:

Now, I have no idea where this story is coming from, and in the limited time I’ve had to do various searches for it, I’ve not been able to find exactly where – if anywhere – this is coming from. So, I’m filing this in the “Unsubstantiated But Definitely Interesting Rumor” file. Normally I wouldn’t even mention something like this, other than for the fact that of all the strange, and on occasion weird, people on the “People Associated with Antarctica List,” Newt Gingrich would certainly fit right in there with Rudolf Hess, Hermann Goering, Richard Byrd, King Juan Carlos, Prince Harry, Apollo 11 astronaut Buzz Aldrin, Secretary of State John Kerry, and the Patriarch of Moscow, Kiril III. (Our only advice to Mr. Gingrich is that if he really is intending to go look at penguins and study climate change, that he take Nancy Pelosi and John McCain with him, and leave them there.)  But seriously, even if this is unsubstantiated rumor, consider only what this very bizarre list adds up to:

1)  The Reichsleiter of the Nazi Party until 1941 (Hess);

2) The founder and head of the Luftwaffe and founder of the Gestapo (Goering);

3) An American admiral and arctic explorer;

4) The King of Spain;

5) A British Prince;

6) The chief diplomat of the USA in the final months of the Obama administration;

7) A Christian hierarch and head of the Russian Orthodox Church.

Add Mr. Gingrich and one has “Former Speaker of the American House of Representatives” and former candidate for President.

(And this is all supposed to be about climate change? Sorry, I’m not getting the connection between Hermann Goering, Rudolf Hess and climate change, thank you very much.)

Boil that list down and you have representatives of (1) militaries (2) intelligence agencies (3) royalty (4) politics (5) International diplomacy (6) space programs and (7) religion. Hmmm…

Turning from the “Unsubstantiated But Definitely Interesting Rumor” file to something much more substantial (and shared by many here), we discover that scientists in Great Britain want to go there to…. well, read it for yourself:

FROZEN IN TIME British scientists to lead hunt for fragments of ‘dead planets’ hidden in Antarctica

After I picked my jaw up off the floor after having read this, my first thought was, “Gee, isn’t it interesting what people will do once they vote to BREXIT and get out from underneath Mad Madame Merkel’s thumb and are free to do their own thing?” Why, the first thing they want to do is go to Antarctica to look for “the remains of these ancient proto-planets (which) will allow us to understand conditions in the early years of our Solar System.” Now, these are all perfectly respectable British scientists, and there is of course a perfectly respectable British and typically scientific  “low key” explanation for all this:

Mathematician Dr Geoffrey Evatt will lead the expedition, which will set off in 2020.

He believes Antarctica could be hiding vast numbers of “missing iron meteorites”.

He said: “We now have the opportunity to commence on a truly exciting scientific adventure. If successful, our expeditions will help scientists to decode the origins of the Solar System and cement the UK as a leader in meteoritics and planetary science.”

Wot!?!? You mean the United Kingdom is not a leader in meteoritics?!?

Now the reader probably detected a heavy note of sarcasm in my remarks (unless of course, they’re a recent product of the American educational system, where the word “sarcasm” will remain a deep, profound, and Inscrutable Mystery). And that brings me to my high octane speculation de jour, for it sounds an awfully lot like what these British scientists might be looking for is confirmation of the late 18th-early 19th century astronomical theory that the asteroid belt is the remains of an exploded planet that blew up aeons ago, a theory which was revived by the late US Naval astronomer Dr. Tom Van Flandern. Now the interesting thing about Dr. Van Flandern, if you’ve read his book (Dark Matter, Missing Planets, and New Comets), or if you’ve read my summary of it in my book (The Cosmic War: Interplanetary Warfare, Modern Physics, and Ancient Texts), is that he proposed a number of models as to why that missing planet suddenly blew up. One of his proposals was that a sort of natural fission reactor in the core of the planet -and yes there are such things as natural fission reactors, or at least, scientists think there could be – suddenly went critical, and kablooey, the planet blew up. But in reading Dr. Van Flandern’s book, you can tell that he isn’t very taken with that idea. After all, that would require a very BIG natural fission reactor, and that’s problematic for a whole host of reasons we don’t have time to get into here. Then he proposed another natural model: suppose, he said, there was a great accumulation of anti-matter somehow in the core of the planet, that was contained, but that the containment broke down, the anti-matter came into contact with matter and, again, kablooey, it blew up. That too, you can tell he was not to thrilled with, because, as a scientist, he knew that the matter/anti-matter anisotropy phenomenon was hugely problematic, as was the idea that somehow, a natural containment was fashioned to contain enough anti-matter to cause a planet to blow up, not to mention the idea that, once having proposed such a natural containment mechanism, it then somehow broke down. The natural explanations had too many ifs, and he wasn’t considering too carefully that idea of collisions with other celestial bodies, because that too had its problematic elements.

So then Dr. Van Flandern came – somewhat reluctantly – to the idea that it was caused by some sort of “technological accident”, say, perhaps (though he does not say this) that they built their large hadron collider just a little too big, and slammed one too many God particles into one too many anti-God particles. And then, finally, he comes right out and says what I suspect he may have been thinking all along, or at least entertaining the idea for the sake of “completeness” in hypotheses, namely, that the planet was blown up  – in his words – by “deliberate action,” in other words, in an act of war. And that, of course, implies a technology of weapons of mass destruction capable of doing so. And of course, if one is blowing up planets with such technologies in an act of war, then that implies that the planet itself may have been home to intelligent life, was a belligerent in that war, and at a similar pitch of technological and warmaking capability.

…and that implies that maybe, just maybe, by dint of some fluke of chance, or by dint of that very high pitch of technological development itself, that some sliver or slivers of that technology might have survived, to be recognizeable and recoverable in meteorites…

See you on the flip side…

Read More At: GizaDeathStar.com
________________________________________________

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 Did Chris Carter Know & When Did He Know It? Extra Base Pairs…

Source: GizaDeathStar.com
Dr. Joseph P. Farrell
February 1, 2017

Scientists have been successful in creating an extra base pair and synthesizing a whole new DNA and organism, according to this article that was shared by a great many readers here:

Extra letters added to life’s genetic code

Beyond the usual thing that catches my attention with such articles, namely, the potential for all sorts of intentional “high mischief” and unintentional “nasty blowback” from such scientific tinkering, which is always accompanied by some moralizing rationalization about how wonderful science is and how helpful all this will be to human health and medicine &c &c blah blah blah (and by implication) what a “top drawer good lot of people these scientists are, wot?”, there is something else that I couldn’t help but wonder about, so today I’m going to forego my usual warnings about science run completely amok and the unintended consequences and blowback of the same, and concentrate on something that… well, is probably nothing more than a personal whimsy and eccentricity, because today I want to point out an oddly synchronous detail that adds a certain… well, the only words for it are … a certain bizarre and quite frankly disquieting context to this story.

I’m referring to the producer of the celebrated 1990s science fiction television series, The X Files‘ Chris Carter.

Toward the end of the first season of that series, there was an episode that was a part of the “extraterrestrials-UFOs-we’re being visited” story arc of the series called “The Erlenmeyer Flask”, an episode written by Mr. Carter himself. The story of course centered on an Erlenmeyer flask which the ever-intrepid FBI agents Mulder and Scully found at the scene of a crime, a flask labeled “Purity Control.” Mulder tasks the ever-skeptical scientific Scully to find out what’s in the flask. Scully takes it to Georgetown University where a Dr. Ann Carpenter subjects the whole sample to a series of tests, including genetic sequencing and…

…lo and behold, the scientist discloses to an obviously disconcerted agent Scully that the sample contained an extra base pair in the genetic sample that existed nowhere in nature on planet Earth, and thus would have to be, “by definition,” extraterrestrial.

Now, it takes no great mental leap of logic to understand that if there were to be any extra base pairs in DNA, that they would have to come in a group of two elements, for each element couples in the double helix to its conjugate element. One can’t have just five elements, one can, however, have six, or eight, or… so on. But all known DNA on earth has but four base pairs of nucleotides: G-C and A-T (guanine-cytosine and adenine-thymine). So, just by simple reasoning Mr. Carter can easily figure out that one cannot have an unpaired fifth element, but in fact six elements with a new third base pair: (x,y). For the purposes of his episode, he does not have to explain organic chemistry or genetics, but merely leap to the conclusion that the extra base pairs in Scully’s sample, since they exist in no known terrestrial DNA, must “be, by definition, extraterrestrial” if we may paraphrase Dr. Carpenter’s report to Agent Scully once again.

But they could be synthetic. So, we now have three possibilities presented to us in the mix of science and science-fiction for the origin of an extra base pair to give the following list: G-C, A-T, and X-Y: (1) the extra pair is a synthetic artificial creation; or (2) it originates off planet but may not be artificial or synthetic, or (3) it is synthetic, artificial, and of off-planet origin. Given the genetic science of Mr. Carter’s day, option 1 was theoretically possible but nowhere close, leaving options two and three are being more likely. Bear that in mind…

Now for the purposes of my high octane speculation of the day, what I found odd about this story, or rather, the reporting of this story, was that unlike the G-C and A-T base pairs, which are comprised of recognizable amino acids, the X-Y pair is left very unscientifically undefined and unspecified: are they meant to be understood as actual newly synthesized (or, perhaps, uhm… discovered?) base pairs, or are they simply inert genetic markers, perhaps even completely inorganic compounds inserted into the DNA helix of their synthetic organism and made to made via genetic moderators? (I know, it’s a goofy idea, but in the absence of information…) We’re not told. Now I don’t know about you, but this seems to be at best a bit of sloppy reporting. I for one would like to know more. But this was, after all, the BBC, so in addition to the usual controlled media vapidity, we should expect a bit of non-reporting to occur here. So off I went to our friends at phys.org, to find this version of the story:

Scientists create first stable semisynthetic organism

Unusually, this wasn’t much help either, for that mysterious new base pair X-Y was still left hovering in mid-air with nothing to support it; new amino acids? Inert markers? what were they? Still undefined. It took finding the abstract of the actual scientific work linked at phys.org to find out:

A semisynthetic organism engineered for the stable expansion of the genetic alphabet

Here we finally read that, yes, this is an entirely new base pair of nucleotides…

Continue Reading At: GizaDeathStar.com

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
__________________________________________________
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 Bankster Deaths & More Missing…

Source: GizaDeathStar.com
Dr. Joseph P. Farrell
January 28, 2017

It has been a while since we’ve talked about those mysterious bankster deaths, many of them having all the hallmarks of “bankercides (i.e., murder by suicide), and it’s been even longer since we’ve talked about all that “missing money” sloshing around in the system somewhere, an amount of money in the trillions. Well, Mr. W.D. sent the following article, and it has my high octane speculation running in high gear and overtime, but we’ll get back to that, because I want to paint in very broad strokes today. The article that he shared concerns a looming storm centered around Europe’s largest bank, Deutsche Bank, and some shenanigans that reach out to engulf Italy and, I suspect, pretty much everyone else. But as I said, we’ll get back to that. Here’s the lengthy article by Vernon Silver and Elissa Martinuzzi that appeared on Bloomberg Business Week:

How Deutsche Bank Made a $462 Million Loss Disappear

Of course, a mere $462,ooo,ooo looks like chump change to a bank as large and powerful as Deutsche Bank, but there are even vaster sums involved in this disappearing act. The story begins, according to the article, at a meeting held at Deutsche Bank’s London branch headed by Italian banker Michele Faissola:

On Dec. 1, 2008, most of the world’s banks were still panicking through the financial crisis. Lehman Brothers had collapsed. Merrill Lynch had been sold. Citigroup and others had required multibillion-dollar bailouts to survive. But not every institution appeared to be in free fall. That afternoon, at the London outpost of Deutsche Bank, the stolid-seeming, €2 trillion German powerhouse, a group of financiers met to consider a proposal from a team led by a trim, 40-year-old banker named Michele Faissola.

The scion of an Italian banking family, Faissola was the head of Deutsche’s global rates unit, a division that created and sold financial instruments tied to interest rates. He’d been studying the problems of one of Deutsche’s clients, Italy’s Banca Monte dei Paschi di Siena, which, as the crisis raged, was down €367 million ($462 million at the time) on a single investment. Losing that much money was bad; having to include it in the bank’s yearend report to the public, as required by Italian law, was arguably much worse. Monte dei Paschi was the world’s oldest bank. It had been operating since 1472, not long after the invention of the printing press, when the Black Death was still a living memory. If investors were to find out the extent of its losses in the 2008 credit crisis, the consequences would be unpredictable and grave: a run on the bank, a government takeover, or worse. At the Deutsche meeting, Faissola’s team said it had come up with a miraculous solution: a new trade that would make Paschi’s loss disappear. (Emphasis added)

The crucial point to focus on here is not only Faissola’s connection to the Banca Monte dei Paschi di Sienna, the world’s oldest bank, in continual operation since the Renaissance, but also his position as head of Deutsche Bank’s global rates unit, which, the article also notes, “created and sold financial instruments tied to interest rates,” for later on in the article, we learn that Deutsche Bank is under investigation for its role in helping to rig the LIBOR (London Inter-Bank Offered Rate), which Wikipedia notes is ” the primary benchmark, along with the Euribor, for short-term interest rates around the world.” (See Wikipedia: Wikipedia LIBOR):

This month the bank agreed to pay $7.2 billion to resolve a U.S. probe into its subprime mortgage business, admitting it misled investors. Deutsche has paid more than $9 billion in further fines and settlements related to claims of tax evasion; violating sanctions against Iran, Libya, Syria, Myanmar, and Sudan; rigging the $300 trillion Libor market; and other alleged breaches of the law.
(Emphasis added)

Having a division that creates and sells financial instruments “tied to interest rates” such as the widely used LIBOR is a handy thing to have around, particularly if one is also engaged in rigging that very London Inter-Bank Offered Rate!

In any case, Faissola had approached Deutsche Bank with what can only be regarded as a “scheme” to help the troubled Banca Monte dei Paschi di Sienna, and this is where it gets interesting. As the article notes, Faissola proposed a “sure-thing, moneymaking bet with Deutsche Bank and use those winnings to extinguish its 2008 trading losses” by engineering a two-step trade, with one transaction bet which would make immediate gains, and the second transaction staged over time “that was sure to lose”, and of course, Deutsche Bank would profit from fees in both trades. But as the article also observes, as Faissola was pitching his plan – the details of which we’ll get to in a moment, doubts were being raised within the bank about the plan’s structure:

Outside the room, one of Faissola’s longtime colleagues was raising questions about the deal. William Broeksmit, a managing director who specialized in risk optimization, was concerned about the winner-loser construction. A Chicago-born son of a United Church of Christ minister, Broeksmit had decades earlier been a pioneer in interest rate swaps, the financial instruments that had rewritten the possibilities—and profitability—of investment banking. But Broeksmit, 53, was also against reckless derivative deals, which is how he viewed Faissola’s proposal, according to a person familiar with his thinking. Eleven minutes after the meeting began, Broeksmit e-mailed one of its attendees with a warning about the Paschi trade and its “reputational risks.”

If the name William Broeksmit sounds familiar, it should for he’s one of those “suicided” bankers, as the article also notes, for when the whole plan exploded into public view in Italy in 2013, it was accompanied by two more of those suspicious “banker deaths”, one of whom was William Broeksmit, and the other was David Rossi, of Banca Monte dei Paschi di Sienna:

Among the casualties was David Rossi, Paschi’s communications chief. At about 9 p.m. on March 6, a bank employee noticed that Rossi was missing from his fourth-floor office. A window had been left open. Authorities found Rossi’s body in a courtyard below. Rossi, 51, wasn’t himself the subject of any inquiries, but his home had been searched two weeks earlier by police. His death was at first ruled a suicide, but the inquest has been reopened based on evidence his wife presented, including security video that shows Rossi fell out backward.

Several months after Rossi’s death, in January 2014, Broeksmit was supposed to meet his wife of almost 30 years at a cafe near their home in the South Kensington neighborhood of London. He didn’t show. When she returned home, she found his body hanging from the leash attached to a door. In a dog bed, he’d left suicide notes, including one addressed to Jain, his longtime colleague. The New York Post reported last year that the note to Jain contained an apology. A summary of Deutsche Bank’s own review of the suicide, seen by Bloomberg Businessweek, doesn’t mention the note and says the review found no direct link between Broeksmit’s death and his work at Deutsche.

Why Broeksmit? Well, perhaps because he had been given broad authority within the big German bank on its “management approval committee, where Broeksmit had influence. Top management,” the article notes, “had just handed Broeksmit broad authority to police risk across the firm…”. And there’s more, for as news began to come out publicly about the details of the scheme, the German banking regulatory authority, BaFin began an audit in January 2014, and as Bloomberg Business Week states, even though the report “has never been make public,” Bloomberg managed to obtain a copy, just how, we’re not told, but we may be sure it involved big players, perhaps in the intelligence community. The audit began on Jan 27, 2014, the day after Mr. Broeksmit “was found at his London home, hanging from a dog leash.”

As the article also notes, when Deutsche Bank moved aggressively to enter the world of investment banking, it hired Edson Mitchell from Merrill Lynch. Mitchell brought in Broeksmit, and Anshu Jain, “a prodigy at selling such risky, fee-laden products to hedge funds.” Mitchell died in a plane accident three days before Christmas in 2000.

I don’t know about you, but three banker deaths, all tied to the same bank, seems a little more than just “coincidence.”

But whether…

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”.

The Transhumanist Scrapbook: (Hideous) Method In The EU…

THE TRANSHUMANIST SCRAPBOOK: (HIDEOUS) METHOD IN THE EU PARLIAMENT'S MADNESS
Source: GizaDeathStar.com
Dr. Joseph P. Farrell
January 27, 2017

This story was another one that seemed to have attracted a lot of people’s attention this past week: an EU parliament committee – a completely powerless “legislative” body – has voted to give robots “rights”, along with a kill switch:

EU Parliament Committee Votes To Give Robots Rights (And A Kill Switch)

I’ve blogged previously about the sneaky jurisprudence implied in such efforts, but this one spells it all out plainly; none of my usual high octane speculation is needed:

Foreseeing a rapidly approaching age of autonomous artificial intelligence, a European Parliament committee has voted to legally bestow electronic personhood to robots. The status includes a detailed list of rights, responsibilities, regulations, and a “kill switch.”

The committee voted by 17 votes to two, with two abstentions, to approve a draft report written by Luxembourg MEP Mady Delvaux, who believes “robots, bots, androids and other manifestations of artificial intelligence” will spawn a new industrial revolution. She wants to establish a European Agency to develop rules for how to govern AI behavior. Specifically, Delvaux writes about how increased levels of autonomy in robot entities will make usual manufacturing liability laws insufficient. It will become necessary, the report states, to be able to hold robots and their manufacturers legally responsible for their acts.

Sounding at times like a governmental whisper of Isaac Asimov’s Three Laws of Robotics, the report states, A robot may not harm humanity, or, by inaction, allow humanity to come to harm.”

The rules will also affect AI developers, who, according to the report, will have to engineer robots in such a way that they can be controlled. This includes a “kill switch,” a mechanism by which rogue robots can be terminated or shut down remotely. (Emphases in the original)

Now, if you’re like me, you’re seeing or sensing a huge danger here, and it makes me wonder if the water supply in Europe is being doped with anti-sanity and anti-reason drugs, for observe the implicit and explicit logical argument here:

(1) humans are persons;

(2) persons have special rights, and with them come special responsibilities (one shudders to think what “rights” mean to a Eurocrat, but we’ll assume the best and move on);

(3) human consciousness and “personhood” can be produced by machines, and artificial intelligence should constitute “electronic personhood” just like corporations are “corporate persons”

(Of course, this is now all getting to be a little fuzzy, and as I’ve said many times, all this corporate personhood stuff is based in a theological confusion of massive proportions. But, hey, relax, because we’re modern trendy predominantly secularized Europeans and we needn’t bother with the niceties of mediaeval metaphysics, even if those niceties have issued in a horribly screwed up notion like “corporations are persons” while “unborn babies are not” but robots are For my part, the silliness of corporate personhood resides in the old adage “I’ll believe corporations are persons when the State of Texas executes one of them.” Heck, forget about murder, I’d settle for manslaughter and a long prison sentence for a few of them, but I digress.

(4) But we need to protect humanity from the possibility that robots might go rogue and do something like found a corporation (a corporate electronic person, presumably) whose corporate charter says that its corporate electronic personhood function is to kill other persons (presumably of either the human biological sort, or the robotic electronic sort). Thus, we need a

(5) “kill switch” to “terminate the program/robot/electronic person”.

Well, in today’s wonderful transhumanist “cashless” world, why not a “kill switch” in your friendly implant when you start having “unacceptable thoughts” like using cash, or questioning the latest “narrative from Brussels.” If it’s good enough for “electronic persons” then one be quite certain that some insane Eurocrat, somewhere, will propose the same thing for human persons by parity of reasoning…

…a parity of reasoning that will not, of course, extend to corporations.

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”.