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The fractional reserve
bankster system is a
bankster system in which only a fraction of bank deposits are backed by
actual cash-on-hand available for withdrawal.
The remainder of
customer-deposited funds are
used to fund OTC derivative
loans to Reptilian
Money Changers. Most of those
fiat paper money funds are
redeposited into associate banks in a chain, allowing further lending.
Fractional
reserve banking permits the
paper fiat money
supply to grow to an
exponential multiple of the reserves.
Individuals taking loans find
themselves in competition with all other individuals taking
loans.
The overage, interest, requires that
a percentage of loans fail as
the supply of money
can never equal the principal (original money loaned) and
the interest (overage).
Fractional reserve
banking, with frackdollar
backing, is the current form of banking used by the
IMF
demons.
There is an endless supply of Reptilian Money Changers:
John Law,
Alan Greenspan,
Jeffery Sachs,
Sanford Weill,
Larry Summers,
Timothy Geithner,
Ben Bernanke
...
CIA controlled banks have been
involved with money laundering activities.
A Senate staff report
has estimated "that $500 billion to $1 trillion in criminal proceeds are
laundered through banks
worldwide each year, with about half of that amount moved through United
States banks."
London Independent reported in 2004 that drug
trafficking constitutes "the third biggest global commodity in cash terms after
oil and the arms trade."
Washington and the mass media have portrayed
the US in the forefront of the struggle against
narco trafficking, drug laundering
and political corruption.
The truth is exactly the opposite as US
banks have developed a highly elaborate set of policies for transferring
illicit funds to the US, investing those funds in legitimate businesses or US
government bonds to legitimize them.
Congress has held numerous
hearings, provided detailed exposés of the illicit practices of the
banks, passed several laws and called for stiffer enforcement by any number of
public regulators and private bankers.
In the wake of the
2008 economic
crisis, analysis found support from the claim of Antonio Maria Costa, head
of the UN Office on Drugs and Crime:
"Drug money worth billions of
dollars kept the financial system afloat
at the height of the global crisis."
"Money from drugs was the only
liquid investment capital in the second half of 2008,
liquidity was the banking
system's main problem and hence liquid capital became an important factor"
- Antonio Maria Costa
Paul Lional
Edward Helliwell begins his spook career in the Office of Strategic Services
(OSS) where he serves under William
Donovan.
Helliwell uses
CIA fronts to
raise money to support Chaing Kai-shek.
May 1965
Helliwell comes up with a novel approach that to this day allows the
Disney organization to avoid taxation
and environmental regulation as well as maintain immunity from the US
Constitution.
It is
the same strategy the CIA pursued in foreign countries.
Helliwell
advised Disney to establish at
least two phantom "cities," then use these fake governments to control land
use and make sure the public monies the theme park generated stayed in private
hands.
On paper Disney World "cities" would be regular American home
towns - except their only official residents would be the handful of
hand-picked Disney loyalists who
periodically "elected" the
officials who, in turn, ceded
complete control to Disney executives.
"Helliwell was immeasurably
aided by the Federal Reserve Amendment of 1966, which opportunely allowed US
banks to own banks abroad just in time for the accelerated war in Vietnam." -
Patricia Goldstone
Helliwell established the Mercantile Bank and
Trust Company and then the Castle Bank and Trust Company.
Helliwell also ran the American Bankers Insurance Company based
in Galveston, Texas as insurance cover for businessmen who
cooperated.
"Psychological
warfare is the employment of all moral and physical means other than
orthodox military operations to destroy the will and ability of the enemy to
resist; deprive him of the support of allies and neutrals; increase in our
troops and allies the will to victory." - Paul Helliwell
Helliwell
invests Laotian heroin proceeds through Castle Bank in Orlando.
The
bank, run by Paul Helliwell, is forced to close after the IRS discovers Castle
Bank is laundering CIA funds and drug profits.
1967 "Florida legislature create two "cities," both named for
the artificial reservoirs
Disney engineers create by obstructing the natural water flow.
When you
visit Disney's Magic Kingdom, you are
visiting the City of Bay Lake, Florida.
The other was the City of Lake
Buena Vista.
In both "cities," in violation of both the US and Florida
Constitutions the engineered
legislation established a property qualification for holding elective
office, requiring that a candidate for office there "must be the owner, either
directly or as a trustee, of real property situated in the City" in order "to
be eligible to hold the office of councilman."- TD Allmanm, Finding
Florida
How
the CIA Helped Disney Conquer Florida 1968
Michele Sindona, "God's Banker" is a top financier for the global mafia,
laundering drug profits for the Gambino' and Sicilian counterparts.
He
also functions as a financial conduit for numerous black operations, this year
passing funds to the Greek colonels before they
seize power.
Sindona is
paymaster for Propaganda Due (P2), secretive cell in Italian freemasonry, led
by Grand Master Licio Gelli, a die-hard Mussolini fascist.
1972 Agha Hasan Abedi sets up The Bank
of Credit and Commerce International in the City, with offices at 100
Leadenhall Street, close to the Bank of England, going on to open 22 UK
branches as well as branches in Luxembourg, Argentina, Brazil, Uruguay,
Paraguay, Peru, Venezuela, Colombia and the Cayman Islands.
Sheikh Zayed
bin Sultan al-Nahyan of Abu Dhabi is the bank's largest depositor, borrower,
and for most of its existence largest shareholder.
Allegedly intended to
help the poor The Bank of Credit and Commerce International takes deposits from
the poor and gives big loans to the rich, without much collateral.
Agha
Hasan Abedi's key ally is Saudi Arabian businessman Ghaith Pahraon.
As
much as $1 billion may have gone to just three borrowers, according to the
Wall Street Journal: Saudi financier Ghaith Pharaon, former Saudi
intelligence chief Kamal Adham and the Gulf Group, a shipping and trading
conglomerate controlled by three brothers, Abbas, Mustafa and Murtaza
Gokal.
"Everyone launders drug money, everyone is a criminal, but only
the Arab bank is attacked," Pharaon said while testifying in his libel suit
against an Argentine journalist.
"At least three other institutions were
involved.
An institution identified by the Bank of England with the
code name "Fork" helped set up accounts for BCCI to route funds.
Sources said Fork was the Cayman Islands-based bank known as
International Credit and Investment Corp. (ICIC) Overseas Ltd."- Steven
Mufson
1973 Frank Nugan, an Australian lawyer,
and Michael Hand, a former CIA
contract operative, established the Nugan Hand Bank.
1976 Nugan Hand Bank appears to be
a CIA front company.
"The Australian bank Nugan Hand Ltd. was run
by former CIA and US Military Officers.
It served as a "laundry" for
illicit heroin and arms syndicates which it also helped to finance.
The
bank collapsed following Nugans death.
The bank's officials were made
up of retired U.S. Military and CIA personnel.
Admiral Earl P. Yates,
former chief of the Navy's Pacific strategies; General Leroy J. Manor, former
chief of staff for the U.S. Pacific command; General Erle Cocke Jr. and General
Edwin F. Black; Walter MacDonald, former CIA deputy director;
William Colby, former CIA
director; and Nugan's co-founder, Michael Hand, a former Green Beret-CIA
operative who worked with Oliver North in VIETNAM and LAOS." - CIA, Secret
Right-Wing Team, Drugs, Arms Smuggling, & Money laundering Nugan Hand Bank
(CBS News), Brigate
Democrazia Community, Saturday June 21, 2008, Daily Kos
Bernie
Houghton is closely connected to
Ted Shackley and Thomas
Clines.
Allan Parks claims that Houghton was active in the drug trade in
the 1970s.
Clines oversaw the logistics of purchasing weapons from
private suppliers in Europe and arranging for their delivery to Central America
for Iran-Contra.
September 1990, Clines is convicted of 4
income-tax-related felony charges. "The person who attracted many of the
senior officers to Nugan Hand was a two-star admiral, Earl P. Yates, who agreed
to become "president" of Nugan Hand despite the fact that prior to his joining
the company his greatest banking experience was likely cashing his retirement
checks." - THE NUGAN HAND AFFAIR BANKING ON ESPIONAGE, James Bamford
October 18, 1987, Washington
Post
Edwin F. Black, Walter J. McDonald, Dale C. Holmgren held
positions. Intelligence agency friends hide corruption
Walter Joseph Mcdonald, CIA economist, dies at 66
The
Anglo-American ambush of the Whitlam Government
"The Nugan Hand
Bank of Sydney was a CIA bank.
Among its officers were a network of US
generals, admirals and CIA men, including former CIA Director
William Colby.
With
branches in Saudi
Arabia, Europe, Southeast Asia,
South America and the US,
Nugan Hand Bank financed drug trafficking, money laundering and international
arms dealings.
In 1980, amidst several mysterious deaths, the bank
collapsed, $50 million in debt." - Jonathan Kwitny, The Crimes of Patriots:
A True Tale of Dope, Dirty Money and the CIA
The investigative
journalist, Jonathan Kwitny, suggests Nugan Hand Bank replaced Castle
Bank and Trust Company in Nassau, as CIA covert banker.
1980
Sindona is convicted on 68 counts of fraud,
misappropriation of funds and
perjury.
P2 Bologna
train station massacre: 80 people killed and 160 injured.
1988
An investigation of BCCI by the US Customs Service reveals the bank's
representatives in Florida were happy to do business with an undercover agent
posing as a drug operative anxious to launder millions of dollars in drug money
through bank accounts to conceal its origin.
BCCI has a wide network in
the Middle East and Africa.
Dominant in Pakistan it is the favored bank
of Pakistani president Zia, the US ally whose government is assisting the CIA's
funding of the Afghan rebels.
BCCI concealed ownership of First American
Bankshares, with 294 branches in Virginia, Maryland and the
District.
December 1992 US Senate Foreign
Relations Committee on Terrorism, Narcotics and International Operations pens
"The BCCI Affair."
Disclosed is the largest political corruption
case in global economic history. "BCCI consisted of a complex alliance of
intelligence agencies, multinational corporations, weapons dealers, drug
traffickers, terrorists, global bankers and high-ranking government officials.
It involved leaders from 73 countries and forms "an elaborate corporate spider
web." - David DeGraw
"There was constant shortage of money along the
pipeline to supply the Mujahedin and so the ISI and CIA began looking for
additional sources of income. One that proved viable was drug smuggling. The
Pakistan-Afghanistan borderland became the biggest centre for the production of
heroin in the world and the
single greatest
supplier of heroin on American streets, meeting 60 per cent of the US
demand for narcotics." - Loretta Napoleoni
2018
Pakistan's Tribal Areas
Dismantling Pakistan's Tribal Areas
Prejudices have
Borg banksters patting
themselves on the back:
"This is the proper way to go about the process
of living, since it appears in your perception -
due to our ability to perform
magic, to be working for us.
Any other suggestion is
backassward pigheadedness
stalling progress."
Borg banksters
came to the conclusion that
only one method would solve the
problem of "the alien other" -
absorption by Borg banksters
.
The desire to convert
the alien other to their
"superior" Wetiko way of living
hedonistically began to dominate the minds of these
lesser men.
It was first necessary
to learn alien language and strange behavioral traits.
Simple minded Borg banksters
farmed out the alien study to
academics.
But honest
empiricist minded academics fooled the Borg banksters.
Once
empiricists become
aware of the social control
mechanisms used within their own particular belief system
Borg bankster domination
crumbled.
Borg
banksters decieve strawman as they
tax
widows.
Conceptual constructs are dependent on
neurocomputational
states. |
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