Lord Blackheath Surfaces Again…But This Time It’s Not…


Source: GizaDeathStar.com
Dr. Joseph P. Farrell Ph.D.
July 31, 2017

All of you remember Lord James of Blackheath, don’t you? Well, in case you’ve forgotten who he is, he was the British peer who, a few years ago, stood in the House of Lords and gave a most peculiar speech that cited unusual amounts of gold in the world. I wrote about his speech – which was causing something of a minor fuss on the internet at that time – in my book Covert Wars and Breakaway Civilizations. In fact, I cited much of his remarks, as Hansard reported them, in that book. The upshot of Lord Blackheath’s remarks was that he was trying to get to the bottom of how much gold there was in the world, and as a result, contacted acquaintances in the Old Lady of Threadneedle Street (the Bank of England), and was given answers that amounted to approximately 1500 tons. There was, of course, much more to Lord Blackheath’s remarks than just that, but that was one of the things that grabbed my attention, for at around the same time, the calls within Germany by Germans to audit their country’s gold reserves had reached such a pitch that the Bundesbank decided to begin the process of repratriation of Germany’s gold deposits from London, Paris, and most importantly, the Federal Reserve Bank of New York. Of course, I don’t for a moment assume these pressures were the only reason Germany decided to do this. If anything, they were convenient pressures, when the real reasons were probably geopolitical, and growing mistrust between Berlin on the one hand, and London and Washington on the other.

In any case, the amounts being cited by Lord Blackheath were far below even the reported amounts of just German gold allegedly on deposit in New York. And of course, Lord Blackheath himself expressed no considerable mystification at the time at not being able to get any rational approximation from his contacts.

Well, Mr. J.R. found this article and passed it along, and I regard it as so significant in terms of my “high octane speculations” about hidden systems of finance, that I absolutely have to comment on it. Here’s the article:

Lord James of Blackheath: I Helped Smuggle Children Used For Slavery And Sex

Now, much as I’d like to belabor the moral myopia of helping to smuggle children out of the United Kingdom when one suspects “something might be going on but I did it anyway,” I suspect the article itself does a decent enough job of that.

So I will pass on to my high octane speculation of the day by way of a bit more background: my friend and colleague, former Assistant Secretary of Housing and Urban development Catherine Austin Fitts has expressed the opinion – during an interview with Daniel Liszt, a.k.a. the “Dark Journalist” – that the western elites have always admired slavery as a system of economic privilege and control. The problem, she averred, was that the capital could not be “perfected,” after all, slaves ran away to pursue a life of freedom and their own economic self interest. Now, however, the means of “perfecting the capital” are available, as the following article suggests:

Wisconsin Company to Implant Microchips in Employees

Most of us, I’m quite certain, who read the second article will have a “John of Patmos moment” contemplating the dire implications of that development.

But if one is running covert human trafficking rings – whether for child sex slavery, adult sex slavery, or other forms of slavery – such technology does allow one to “keep track of the cargo,” i.e., to perfect the “capital.”

Which brings me chin-to-chin with my…

…High Octane Speculation of the day: For years, in several books, blogs, and interviews, I’ve maintained that there is in existence a hidden system of finance, whose basic “mechanics” is the trade in bearer securities backed by “gold”, and hence, for me, I am of the opinion that the various “bearer bond scandals” are not, in spite of all official protestations to the contrary, easily dismissible as “simple counterfeiting scams.” We are assured – at one time even by President Obama himself – that the “securitiesrecovered during these scandals are completely fake, and that there is absolutely nothing to it. Yet, the same scam is run repeatedly, over and over. As I’ve observed several times: “one does not counterfeit a seven dollar bill.” In other words, even if the “securities” recovered during these scandals are fakes, no counterfeiter would attempt to run the same scam over and over again, unless there was an element of truth lurking somewhere in the center of it. The fact that many of these “securities” are “gold-backed” bearer bonds, takes us back once again to lord Blackheath’s mystification a few years ago on the floor of the House of Lords, as recorded in Hansard’s. My argument then was, in order to make a hidden system of finance work, and remain off the books, one key mechanism was the physical movement of such “securities.”

Further research, however, revealed something else, namely, that the term “gold” often functioned as a codename for drugs, and given the overwhelming size of the underground drug economy as a proportion of the financial system, I also concluded that the “gold” backing these “securities” may not have been exclusively actual bullion, but drugs.

In recent years, however, we’ve seen an increase of stories about human trafficking and sex-slavery rings, involving every demographic from little children to Siamese women. The extent of these stories has touched every continent, implying that there are world-wide networks involved in this “business,” which, given its vast extent, must also comprise an underground economy of considerable size. The Taken series of movies with Irish actor Liam Neeson explores this brutal system in fictional guise. The political purpose of such networks is, of course, rather obvious, for it entangles the rich and politically powerful in compromising activity, which create what Catherine Fitts has described as “control files” to blackmail compliance. With this possibility, one is looking at the implication that such rings are deeply and intimately entangled with the “deep state” and various intelligence agencies, and thus, with my hypothesized hidden system of finance.

Which brings me back to Lord Blackheath, and a final, new, speculation. What if “gold” is code not only for “drugs,” but for human “cargo” and “capital”, as part of this enormous network? In other words, what if slavery itself is a crucial component of this hidden system of finance? Need laborers to help build all those underground secret installations? If that sounds far-fetched, don’t forget that there’s precedent: the Nazis did it, and incidentally, they did it within an economic empire being run by the SS, where every unfortunate victim was tagged, tattooed, and numbered as the “capital assets” of the system.

Such a speculation goes a long way, for example, to explain the difficulties facing Vatican bank reform attempts, for if my speculation be true, then that bank would be intimately connected to these “financial activities,” and hence, attempts to deal with clergy scandal abuses and Vatican financial reform are not two separate issues, but intimately connected. Just recently, George

Cardinal Pell, who was tasked by Pope Francis to oversee the Vatican budget, has returned to Australia to answer sexual abuse charges.

However, if what I am proposing is true, then the extent of this human trafficking-finance ring will not be confined solely or exclusively to the Vatican: it will be intimately entwined with other large financial institutions. The Vatican might just end up being the (convenient) patsy. The hypothesis might even go a long way to explain one possible reason behind all the mysterious banker deaths and “suicides” of the past few years.

See you on the flip side..

Read More At: GizaDeathStar.com
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About Dr. 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”.

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
________________________________________________________________

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”.

Grand Duchy Of Luxembourg Enters The Asteroid Mining Business

Source: GizaDeathStar.com
Dr. Joseph P. Farrell
November 5, 2016

This article, shared by one of our regular readers here, Ms. M.W., I thought was very interesting, and while I was reading it, my mind was working overtime on high octane speculations for certain reasons, and I wonder if yours will as well, when you read it:

Planetary Resources and the Government of Luxembourg Announce €25 Million Investment and Cooperation Agreement

http://www.planetaryresources.com/2016/11/planetary-resources-and-the-government-of-luxembourg-announce-e25-million-investment-and-cooperation-agreement/embed/#?secret=843Trwmrtg

Now, as the article points out, the Grand Duchy of Luxembourg has a history of private-government cooperative ventures of this sort, and was instrumental, in some respects, in helping the privatized satellite industry – which we now take so for granted – get started in the 1960s. In this respect, there’s nothing new here, nor nothing so significant here. And in fact, I’ve blogged about this story before on this website, regarding the Grand Duchy’s intentions to get in on the space mining act; this story now adds a specific detail to that intention.

But there’s something else here – another possibility – that intrigues me, and provides some grist for the high octane speculation mill, for Luxembourg is, of course, also an international banking hub, in some respects rivaling more well-known Switzerland. Indeed, if one recalls the BCCI scandal (Band of Credit and Commerce International, or as we like to refer to it here, the Bank of Crooks and Criminals International) began to break in Europe, and Luxembourg was one of its key headquarters during its heyday. So when I see stories combining (1) space mining and (2) international banking hubs with (3) and association to one of the most notorious banking scandals of the last century, I begin to wonder if there might be a much deeper story lurking in the background here.

For some time, now, I’ve been watching what I believe to be a hidden system of finance – not a black budget but a completely hidden one – that was constructed prior, during, and most importantly after World War Two, consisting of the participation of prime banks, utilizing Axis loot, and moving all this money around via a strange network of hidden bonds trading networks and “bearer bonds” backed by various commodities, including bullion and drugs. It sounds strange and wild, I know, but that essentially is the hypothesis I came to after having researched the postwar activities of Fascists and western corporatists, globalists, and bankers. We’ve been given the occasional clue or hint of the existence of this network with the various bearer bonds scandals, and the occasional story of missing billions or trillions from the federal budget.

As a component of this hypothesis I have been arguing, both in books (Covert Wars and Breakaway Civilizations) and in conferences (The 2014 Secret Space Program Conference in San Mateo), that the participation of prime banks in this system was obtained by collateralizing space and whatever was out there, including any potential ancient technology. (Stop and ponder that one for a moment: for a long term agenda to recover such technology would be not only of interest to certain “families” with ancient roots, but the activity could be cloaked and indeed financed by corporations, foundations, and governments.)  Thus, this story could be viewed as yet another small confirmation of this basic structure and agenda.

But there’s another set of possibilities here, given the Grand Duchy’s role as an international banking hub, and for playing home to such institutions as BCCI. If one wanted to perpetuate such a hidden system, which doubtless has been of immense pecuniary benefit to the institutions involved in running and maintaining it, then one way to perpetuate and mask the system – and perhaps even launder more money – would be via a cloaking story such as space mining. Imagine this scenario for a moment in conjunction with…

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Profile photo of Joseph P. Farrell

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 CIA, Satellites & Artificial Intelligence

THE CIA, SATELLITES, AND AI
Source: GizaDeathStar.com
Dr. Joseph P. Farrell
September 2, 2016

Remember the mysterious death of of Dr. Molly McAuley recently?

“SPACE ECONOMIST” MOLLY MACAULEY MURDERED

Well, Ms. M.W. found this article, and I have the suspicion that it might shed some light on that sad event:

So what is going on here? I suspect, as most readers here possibly do as well, that one has to read between the lines a bit to see what is really going on. Ponder these revelations:

CIA training artificial intelligence to spy on Earth from SPACE using ‘computer vision’

A CIA-linked firm has joined forces with Amazon in a bid to use “computer vision” to snoop on the Earth in unprecedented detail.

CosmiQ Works, a firm closely associated with the US intelligence agency, is working with the online retail giant and the satellite mapping firm DigitalGlobe to train algorithms to work out what’s happening on the surface of our planet.

Satellites can already capture astonishingly detailed images from up in space, but the CIA-linked project wants to go one step further and use artificial intelligence to analyse these pictures.

The real question is why the CIA would team up with Amazon in an effort to build-out a computer algorithm in conjunction with satellite imaging. And in my high octane speculation of the day, I suspect the real answer lies less in teaching computers to recognize anomalies in pictures and then to “flag” them for human analysis. The article would have us believe that that “objects” and “things” and even weather anomalies and being able to respond more quickly to “disasters” is the real goal here, in the usual method of introducing something by claiming it is “beneficial.”

I suspect the real goal is something completely different, and hence one has Amazon’s involvement with the project, for I suspect the real goal is to map in real time the flow of human populations, traffic, commodities, crops, and shipping, in order to form accurate real time pictures of financial and social flows, and to project from them strategic trends and movements. Couple such a computer-aided capability to spy satellite capabilities which would include radar tomography (sub-surface imaging) and one would also have a clear picture of hidden foreign infrastructures and with them, of hidden flows of goods, services, and finance.

This, of course, is a handy capability to have around if you’ve been running your own system of hidden finance for decades, and building enormous underground complexes for research, covert physical movement of goods and labor, and so on. Indeed, such a capability might imply…

Continue Reading At: GizaDeathStar.com
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Profile photo of 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”.

You’re Kidding…ANOTHER Bearer Bond Scandal…In…

 YOU’RE KIDDING… ANOTHER BEARER BONDS SCANDAL… IN ...
Source: GizaDeathStar.com
Dr. Joseph P. Farrell
August 28, 2016

Just when you thought we were done with all those bearer bonds scandals and  that they were a thing of the past, or at least, being carefully covered up, they surface again, this time in Florida, according to this article shared by Ms. P.H.:

Billion-dollar bond that man tried to cash in Broward was fake, feds say

Now, if you’re familiar with these bearer bond stories, you’ll have noted a number of departures from the standard “pattern”:

The bond, supposedly issued in 1934, appears to have been printed on an inkjet printer and seemed to contain a security thread – both technologies that did not exist until many years later, investigators said. The counterfeit bond also featured a photograph of Grover Cleveland, who was president in the 1880s and 1890s.

But perhaps the biggest clue was the eye-popping billion-dollar figure on the face of the bond. U.S. Secret Service Agent Charles Callahan told a judge Wednesday in federal court in Fort Lauderdale that the highest-valued bearer bond in that era was $10,000 and the highest-valued bond ever was a $1 million one issued in 1978.

Hugo Barrios Briceno, the 50-year-old Venezuelan man accused of trying to cash the counterfeit bond at a Fort Lauderdale financial business earlier this month, will remain locked up because he is a potential flight risk, U.S. Magistrate Judge Patrick Hunt ruled Wednesday. Barrios Briceno was arrested Aug. 16.

Note what we have in terms of the “bearer bonds pattern” according to the above paragraphs:

1)  a bond “issued” in 1934: this does fit the pattern which has been seen before, with the so-called 1934 “Morgenthau” bonds, allegedly issued by the US Federal Reserve System(not the US Treasury) to elements of the Khoumintang government of Chiang Kai-Shek in return for the fed’s storage of Nationalist Chinese gold. Note what this means: for if these bonds ever surfaced, the US Treasury, since it did not issue them, can claim they are fake, and that it has no knowledge of them. Morgenthau was the then US Secretary of the Treasury under President Franklin Roosevelt. On the so-called 1934 “Morgenthau’s”, the signature of Secretary Morgenthau does appear to be the authentic signature such as it appeared on US currency at the time.

2) the “bond” was printed on an ink jet printer and contained a security thread: this both does and does not fit the pattern of previous bearer bond stories, for in some versions of other bearer bonds stories, the “bonds” appear to have been lithographed, and not printed with the intaglio method typical of official US currency and securities at that time. What is odd – genuinely odd – here is that the bond contained a “security thread,” which raises the important question of why the counterfeiters of this bond went to all the trouble to procure paper with this feature. It can be done, of course, but doing so would  be bound to raise suspicion from any legitimate vendor. Perhaps such features are typical of  US (or other nations’) bearer bonds and thus the counterfeiters had to reproduce it. There are other possibilities, of course, but we’ll get to those in our high octane speculation.

3) The “bond” was issued with a picture of Grover Cleveland: This does fit the pattern of the bearer bonds, for in almost all versions of their occurrence, actual US currency issues were used as the “donor document” to create the “counterfeit” bonds, and since Grover Cleveland appeared on the one thousand dollar US Gold certificate, it is no problem to add a few extra zeros and create an entirely new denominated currency or security. Indeed, some people have already transformed the Cleveland one thousand dollar bill into a one million dollar bill (see Cleveland one million dollar bills). Indeed, we’ve seen bearer bonds with the pictures of George Washington and Woodrow Wilson, both borrowed from the US Currency issues bearing their likeness. The only president on a bearer bond who has never appeared on an issue of US currency was John F. Kennedy.

4) The highest denomination of bearer bond ca. 1934 was $10,000 and the highest ever denomination was $1000,000: this is where we run into trouble, for if I recall correctly, during the Italian bearer bonds scandal that apprehended two Japanese men carrying $134,500,000,000 in allegedly counterfeit bills, during this scandal, the US government denied that bonds of one billion dollars had ever been issued, but left the problem of $500,000,000 bearer bonds unsettled. Again, it is important to note that, as far as the Treasury is concerned, this is entirely true, since most bearer bonds – and especially the 1934 “Morgenthaus” – were allegedly issued by the Federal Reserve.

So what might we be looking at here?

Indulge my high octane speculation once again, for I think we’re looking at something real, and perhaps even at a real bond. Note this unusual thing about the story:

Defense lawyer Alberto Quirantes said his client committed no crime and was tricked into repeatedly trying to cash the bond. He said Barrios Briceno believed the bond was genuine, based on advice from at least two people he thought were experts.

“Somebody duped him,” Quirantes told the judge. “This is a complete shock to this man.”

The prosecutor said the investigation began after a financial adviser in Fort Lauderdale reported Barrios Briceno, a Venezuelan resident who was visiting South Florida on a business visa, had contacted him about cashing the bond.

Barrios Briceno said the bond belonged to someone he knew in Bogota, Colombia, according to court records. He said he wanted to deposit $500 million from the bond into his bank account and open an investment account with the other $500 million from the bond, agents said.

The Secret Service arranged for an agent to pose undercover as a worker who would help the financial adviser to liquidate the bond at an Aug. 16 meeting, which was secretly audio- and video-recorded, authorities said.

Prosecutors said that the bond would have an equivalent value of 19 billion dollars in today’s currency. They also said that a simple Google search would have shown Barrios Briceno that billion-dollar bonds are not legitimate.

If convicted, he could face as much as 15 ½ to 19 ½ years in federal prison, based on the face value of the counterfeit bond, prosecutors said.

According to the Secret Service, Barrios Briceno said that his contact in Colombia gave a loan to someone who provided the bond as collateral but never repaid the debt. The lender then asked Barrios Briceno to try to cash the bond, which he said he picked up from the lender’s sister in late June at Miami International Airport.

Barrios Briceno told agents he had picked it up at the airport because he was concerned that customs officials would question him about it.

The defense said in court that Barrios Briceno went to Washington, D.C., in early August and met with someone who “verified” the bond was valid for a fee of about $30,000. Barrios Briceno also said he met separately with representatives from four major financial institutions and that one of them offered $180 million for the bond. The lawyer said nobody gave his client any reason to think the bond was counterfeit.
(emphasis added)

So what do we have? We have:

1) A South American, Columbian businessman;

2) in the USA on a business visa;

3) who paid $30,000 in fees to “validate” the bond. Pause for a moment and consider what this means: it means that there are so many such bearers bonds, that this story is so regularly occurring, even if not reported, that the story now has “experts” validating bonds!

4) Barrios Briceno, the “accused” Columbian businessman, states that he had received offers from “four major financial institutions”, one of which offered to buy the bond at a discount. If true (and I suspect it is), then why would any “major financial institution” buy a counterfeit bond that isn’t worth the paper and ink it took to make it? And finally…

Continue Reading At: GizaDeathStar.com
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Profile photo of 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 Cosmic War, Breakaway Civilizations, Secret Space Program & Roswell & The Nazi Connection – Dr. Joseph P. Farrell

Source: TheMooreShow
August 22, 2016

Joseph P. Farrell is a recognized scholar whose credentials include a PhD in philosophy from the University of Oxford. His literary contribution is a veritable resume unto itself covering such fields as Nazi Germany, sacred literature, physics, finances, the Giza pyramids, and music theory. A renowned researcher with an eye to assimilate a tremendous amount of background material, Farrell is able to condense the best scholastic research in publication and draw insightful new conclusions on complex and controversial subjects.

Dr. Joseph P. Farrell Website: http://gizadeathstar.com/
Dr.Joseph P. Farrell Book: https://goo.gl/Egc0b9
Guest: Dr. Joseph P. Farrell Ph.D.

…A Trillion Here, A Trillion There, And Pretty Soon…

 … A TRILLION HERE, A TRILLION THERE, AND PRETTY SOON ...
Source: GizaDeathStar.com
Dr. Joseph P. Farrell
August 14, 2016

Remember former Secretary of Defense Don Rumsfeld’s press conference the day before 9/11, when he said that an audit of the Pentagon could not account for $2,200,000,000,000? Well, that little “disclosure” of course was whisked right out of the news due to the events of the following day. But wait, there’s more. Then Florida Congressman Alan Garyson, and Georgia Congresswoman Cynthia McKinney attained some notoriety by pressing the issue, when Rumsfeld came up with more missing money. One of my favorites back then was Ms. McKinney grilling Mr. Rumsfeld and Associates on who held the data management contracts for the Pentagram… “Well, uhm…. er…., I don’t have those facts and figures with me at the present moment…”

Really? You show up to a Congressional committee without the information it’s seeking?

Well, forget about that mere 2.2 trillion dollars Mr. Rumsfeld was anxious about back in 2001. it’s now up to 6.5 trillion, according to this article that many of you shared this past week:

Pentagon’s Sloppy Bookkeeping Means $6.5 Trillion Can’t Pass an Audit

Absorb that for a moment: 6.5 trillion dollars is missing…. Think of the roads, bridges, schools, hospitals, that could be repaired with that amount of money. And what’s really galling here is the doublespeak trying to explain all this:

The Defense Finance and Accounting Service, the behemoth Indianapolis-based agency that provides finance and accounting services for the Pentagon’s civilian and military members, could not provide adequate documentation for $6.5 trillion worth of year-end adjustments to Army general fund transactions and data.

The DFAS has the sole responsibility for paying all DOD military and personnel, retirees and annuitants, along with Pentagon contractors and vendors. The agency is also in charge of electronic government initiatives, including within the Executive Office of the President, the Department of Energy and the Departing of Veterans Affairs.

There’s nothing in the new IG’s report to suggest that anyone has misplaced or absconded with large sums of money. Rather, the agency has done an incompetent job of providing written authorization for every one of their transactions – so-called “journal vouchers” that provide serial numbers, transaction dates and the amount of the expenditure.

In short, the DFAS has lagged far behind in providing the tracking information essential to performing an accurate audit of Pentagon spending and obligations, according to the IG’s report.
(Emphasis added)

Now, that’s interesting.

The money isn’t really missing, you see, it’s just that “we’re lagging behind” our ability to record and post transactions by only a few months.That’s all. Nothing to see here. Move along.

Uh-huh…

Now, we all know what banks do with our money when we deposit it. It still “takes awhile” for that money to be posted to your account, even in this digital day and age. “It hasn’t cleared yet,” is the standard excuse. So what they do is to use that money before it posts(but I thought it hadn’t cleared yet?), to make more money. Now, imagine the same process, but taking not days, but weeks or months, and you get the idea. It’s a nifty way to make more money for your black projects research and keep everything off the books.

But I cannot help, as regular readers here know, to indulge in some more high octane speculation. And in this respect, that figure of 6.5 trillion caught my eye, for it’s in the ball park of the 6 trillion dollars from the second bearer bonds scandal of 2009 that occurred in Italy. Remember that one? The Italian financial police recovered…

Continue Reading At: GiaDeathStar.com
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Profile photo of 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”.

New Audit Reveals That Pentagon Doesn’t Know Where $6.5 Trillion Dollars Has Gone

war

Source: ActivistPost.com
Jay Syrmopoulos
August 7, 2016

A new Department of Defense Inspector General’s report, released last week, has left Americans stunned at the jaw-dropping lack of accountability and oversight. The glaring report revealed the Pentagon couldn’t account for $6.5 trillion dollars worth of Army general fund transactions and data, according to a report by the Fiscal Times.

The Pentagon, which has been notoriously lax in its accounting practices, has never completed an audit, would reveal how the agency has specifically spent the trillions of dollars allocated for wars, equipment, personnel, housing, healthcare and procurements allotted to them by Congress.

Beginning in 1996 all federal agencies were mandated by law to conduct regular financial audits. However, the Pentagon has NEVER complied with that federal law. In 20 years, it has never accounted for the trillions of dollars in taxpayer funds it has spent, in part because “fudging” the numbers has become standard operating procedure at the Department of Defense, as revealed in a 2013 Reuters investigation by Scot Paltrow.

According to the report by the Fiscal Times:

An increasingly impatient Congress has demanded that the Army achieve “audit readiness” for the first time by Sept. 30, 2017, so that lawmakers can get a better handle on military spending. But Pentagon watchdogs think that may be mission impossible, and for good reason…

The Defense Finance and Accounting Service (DFAS), the behemoth Indianapolis-based agency that provides finance and accounting services for the Pentagon’s civilian and military members, could not provide adequate documentation for $6.5 trillion worth of year-end adjustments to Army general fund transactions and data.

The DFAS has the sole responsibility for paying all DOD military and personnel, retirees and annuitants, along with Pentagon contractors and vendors. The agency is also in charge of electronic government initiatives, including within the Executive Office of the President, the Department of Energy and the Departing of Veterans Affairs.

While there is nothing in the IG’s report specifying that the money has been stolen, the mere fact that the Pentagon can’t account for how it spent the money reveals a potentially far greater problem than simple theft alone.

For every transaction, a so-called “journal voucher” that provides serial numbers, transaction dates and the amount of the expenditure is supposed to be produced. The report specifies that the agency has done such a poor job in providing documentation of their transactions, that there is no way to actually know how $6.5 trillion dollars has been spent. Essentially, the government has no way of knowing how the Pentagon has spent the trillions of taxpayer dollars allocated by Congress for national defense.

In turn, employees of the DFAS were routinely told by superiors to take “unsubstantiated change actions” commonly referred to as “plugging” the numbers. These “plugs” – which amounted to falsifying financial records – were then used to create the appearance that the military’s financial data matched that of the U.S. Treasury Department’s numbers when discrepancies in the financial data couldn’t be accounted for, according to the Reuters investigation.

According to that Reuters investigation:

For two decades, the U.S. military has been unable to submit to an audit, flouting federal law and concealing waste and fraud totaling billions of dollars.

Linda Woodford spent the last 15 years of her career inserting phony numbers in the U.S. Department of Defense’s accounts.

Every month until she retired in 2011, she says, the day came when the Navy would start dumping numbers on the Cleveland, Ohio DFAS…. Using the data they received, Woodford and her fellow accountants there set about preparing monthly reports to square the Navy’s books with the U.S. Treasury’s…. And every month, they encountered the same problem. Numbers were missing. Numbers were clearly wrong. Numbers came with no explanation of how the money had been spent or which congressional appropriation it came from.

While many of the problems occurred due to bookkeeping errors rather than actual financial losses, the DFAS has failed to provide the necessary tracking information essential to performing an accurate audit of Pentagon spending and obligations, according to the IG’s report.

“Army and Defense Finance and Accounting Service Indianapolis personnel did not adequately support $2.8 trillion in third quarter adjustments and $6.5 trillion in year-end adjustments made to Army General Fund data during FY 2015 financial statement compilation,” wrote Lorin T. Venable, the assistant inspector general for financial management and reporting. “We conducted this audit in accordance with generally accepted government auditing standards.”

The Pentagon has a chronic failure to keep track of its money – how much it has, how much it pays out and how much is wasted or stolen. Adding to the appearance of impropriety is the fact that thousands of documents that should be on file have been removed and disappeared without any reasonable explanation.

DFAS “did not document or support why the Defense Departmental Reporting System . . . removed at least 16,513 of 1.3 million records during Q3 FY 2015. As a result, the data used to prepare the FY 2015 AGF third quarter and year-end financial statements were unreliable and lacked an adequate audit trail,” according to the IG’s report stated.

The accounting errors and manipulated numbers, though obviously problems in their own right, highlight a far greater problem for the Defense Department than only bad recording keeping and wasteful spending habits. In reality, they are a representation of the poor decision making, and lack of oversight and accountability that plague our nation’s government as a whole.

While the Department of Defense can’t account for $6.5 trillion dollars of taxpayer funds, in 2014 there were 47 million people, including over 15 million children, living in poverty in the U.S. – %15 of the U.S. population, which is the largest total number in poverty since records began being kept 52 years ago.

Please share this story if you are appalled by the fact that there are Americans that are homeless and hungry, including U.S. combat veterans — while the government is unable to account for $6.5 trillion dollars of taxpayer money.

Read More At: ActivistPost.com

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Jay Syrmopoulos writes for TheFreeThoughtProject.com, where this article first appeared.

FBI Arrests HSBS Bankers, But Leaves You To Connect The Dots

FBI ARRESTS HSBC BANKERS, BUT LEAVES YOU TO CONNECT THE DOTS
Source: GizaDeathStar.com
Dr. Joseph P. Farrell
July 27, 2016

Every now and then one just has to stop and admire the banksters; for duplicity, subtlety, and a tapestry of relationships that leaves one wondering just how deep the corruption goes, for a tangle of political corruption that perhaps only divine omniscience and ubiquity could sort out, they are unparalleled. What am I talking about? Well, this one may leave you scratching your head, as it did me, and I am tempted to file this one under the “you tell me” category: the FBI, apparently, has arrested two senior managers at HSBC (Hong Kong and Shanghai Banking Corporation):

FBI arrests senior HSBC banker accused of rigging multibillion-dollar deal

Of course, the HSBC has a rather long and dubious history; think opium and the 19th century here, or for that matter, Lord Blackheath’s comments in the House of Lords a few years ago (see my extensive quotations from his remarks in Hansard’s in Covert Wars and Breakaway Civiizations). And now, yet again, another bank caught in illegal manipulations, this time, of currency rates:

A senior HSBC banker has been arrested by the FBI as he attempted to board a transatlantic flight and charged him with fraudulently rigging a multibillion-dollar currency exchange deal.

Mark Johnson, a British citizen and HSBC’s global head of foreign exchange trading, and a colleague are accused of “defrauding clients” and alleged to have “corruptly manipulated the foreign exchange market to benefit themselves and their bank”.

He was arrested on Tuesday night shortly before he was due to fly to London from New York’s JFK airport, and was due to be formally charged by a judge at Brooklyn federal court later on Wednesday. He was later released on bail.

A second Briton, Stuart Scott, who was HSBC’s European head of foreign exchange trading in London until December 2014, is accused of the same crimes. A warrant was issued for Scott’s arrest.They are the first people to be charged in connection with the US government’s long-running investigation into bankers’ alleged rigging of the $5.3tn (£4tn) per day forex market.

“The defendants allegedly betrayed their client’s confidence, and corruptly manipulated the foreign exchange market to benefit themselves and their bank,” said the US assistant attorney general Leslie Caldwell. “This case demonstrates the [US Department of Justice’s] criminal division’s commitment to hold corporate executives, including at the world’s largest and most sophisticated institutions, responsible for their crimes.”

Ok… by now we’re all accustomed to the fact that these big banks are about as trustworthy as George Soros at a color revolution.

But, in case you missed it when you were too busy frothing about a few plagiarized lines in Ms. Trump’s speech (and there’s much to be horrified about at the Republican convention, but it wasn’t that), HSBC has connections to Ms. Clinton, to the FBI director that recently “cleared” her of intent to violate the law (even when the law itself isn’t about intent, but simply negligence, and even though it isn’t his job to recommend prosecutions, it’s the attorney general’s, who, incidentally, has her own connections to HSBC and was only talking about the grandkids with Bill on the tarmac):

Continue Reading At: GizaDeathStar.com
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Profile photo of 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”.