- Christopher Story, Editor of International Currency Review, will
today call for the Federal Reserve System to be nationalised. He will make
this urgent suggestion on a widely-heard radio talk show hosted by Greg
Szymanski in the United States this evening. The Fed should be divested
of its foreign shareholdings and placed firmly under the control of the
United States, so that America is at last independent, which is not currently
the case. A country with a 'central bank' that is mainly owned by foreign
interests is, by definition, not independent.
-
- This crisis has come to a head because the Federal Reserve
is currently sabotaging and blocking the consummation of a long-planned
agreement between inter alia the US Treasury and the distinguished US Secret
Service/Treasury financial expert and agent, Leo Wanta. Under an accord
with the US authorities and Treasury agreed last November and signed
in December, $4.5 trillion which were repatriated in May and
June 2006 to fund the long-planned refinancing, are available at Bank of
America, Richmond, VA, earmarked for Leo Wanta's financial trading organisation,
but have not been credited to his company's account. It is understood that
the Fed is blocking the deal - thereby thwarting the will of
the US Treasury and arrogantly defying the American people.
-
- Under the arrangements agreed with the US Treasury,
Leo Wanta's organisation will:
- 1. Pay 35% tax direct to the Treasury, amounting to $1,575,000,000,000
prepaid.
- 2. Pay 6% state tax to the State of Virginia amounting
to approximately $270,000,000,000 prepaid.
- 3. Generate windfall tax payments to the US Treasury
worth at least $96 billion per banking day.
- 4. Generate secondary tax windfalls arising from related
financial transactions by US counterparties and others worth at least the
same amount again, so that total daily tax windfalls accruing to the Treasury/Internal
Revenue Service will aggregate an estimated $200 billion per banking day
[3 + 4].
- 5. As a consequence, rehabilitate the US Federal Government's
finances, reversing the decades of financial decadence, and providing resources
for infrastructure and other projects, tax reductions (including a possible
outright abolition of Inheritance Tax, and income and corporate tax cuts),
plus additional resources for the vulnerable segments of society.
-
- These are the outline transactions and benefits which
the Federal Reserve is currently blocking.
-
- In other words, the Fed is defying the will of the US
Treasury, which serves the United States and the American people, being
a creation of the US Constitution.
-
- By contrast, the Fed, is just a clearing house.
With no checks and balances, it is a private organisation which is largely
owned by foreign shareholders and is said to be deeply corrupt. If
it cannot be relied upon and is going to stand in the way of America's
fundamental interests, it should be abolished - which means nationalisation.
-
- The US Government should seize it and replace its underlying
statutes with statutes creating a national central bank, with appropriate
policy independence safeguards, say, on the British model.
-
- The funds that have been repatriated represent a small
fraction of the original $27.5 trillion which was raised in 1989-92 from
200+ international banks at a deep discount for a 20-year period at 7.5%
per annum. The long-term Trustor of these funds, by Presidential instruction
dating from President Reagan's era, is Leo Wanta. The total funds are now
believed to amount to approximately $70 trillion. The Trustor has
made it plain that if the Settlement has not been consummated by close
of business on 31st July 2006, steps will be taken to organise the collection
of the full $70 trillion from offshore accounts of the Title 18, Section
6 USG intelligence corporations, and their closure, as has been advised
by US Judge Gerald Bruce Lee in a Memorandum Opinion signed in April
2003.
-
- In such an event, a number of corrupt international banks
may find themselves in solvency difficulties.
-
- For full details of the background, go to www.worldreports.org
and activate the Click Here main story bar.
-
- Leo Wanta, an honourable and upright man (rare in the
intelligence environment), refused to accommodate demands from two US Presidents
for Trustor funds to be diverted for their own ultimate personal benefit,
and annotated a Federal Reserve transactions print-out to the effect that
George (Jorge) Bush Sr. is in breach of crucial US statutes in connection
with a transfer of $1.0 billion from a bank in Malaga, Spain, to Panama,
in August 1989. Instead of being supported by his peers, as would be expected
in an ethical environment, Wanta was framed, arrested, flung into
a stinking Swiss dungeon for 134 days, extradited to the United States
(after an intervention by Yizhak Rabin), arraigned before a US Judge in
New York, released when the judge threw the case out, rearrested without
a warrant on the US coutroom steps, extradited illegally to Wisconsin
on a trumped-up tax charge, suffered false witness, jailed for
22 years, experienced three attempts to murder him in prison plus
unsuccessful official efforts to have him certified insane, released
into house arrest in Wisconsin where he languished for many years, and
falsely reported by the lying CIA to be dead.
-
- After Wisconsin had stolen his initial illegal tax payment,
which was paid a second time, a lump sum covering the illegal tax
(for the thrid time) plus illegal fines and charges, was paid to the court
on 27th July 2005. On 14th November 2005, Wanta was freed from all
illegal restrictions, and the international intelligence and financial
communities became aware that, far from being dead as the CIA had lied,
here he was, alive, well, and as determined as ever to fulfil his responsibilities.
-
- Let's be clear: Notwithstanding the fact that a large
constituency of corrupt intelligence operatives, banksters and others chose
to believe the CIA lie that Wanta was DEAD, now that on the contrary he
is known by them to be ALIVE, it still suits certain foolish
people to continue to believe the multiple lies that have been disseminated
by the CIA - along with the fairy story concerning his death - about
this distinguished man who acted as President Reagan's go-between
with Gorbachev and the senior GRU operative, Vladimir Putin. It was Putin
who supervised the East European 'revolutions' to implement the KGB's
long-planned 'collapsible Communism' strategy.
-
- Later this summer, International Currency Review will
publish documented intelligence revealing the extent of Leo Wanta's frame-up
by the authorities, explaining who has been lying and why, and exposing
banking documents to show that ongoing banking relationships were established
with a large number of institutions, some of which have been claiming that
no such relationships exist. The journal will further provide evidence
that USG Trustor funds have been identified in overseas bank accounts in
the personal name or names of corrupt US intelligence officers masquerading
as lawyers, and that claims by certain institutions that these and other
accounts do not exist, are accordingly spurious.
-
- This action has been prompted by the corrupt continuation
of trading operations using funds belonging to the Trustor which were originally
assembled to finance the so-called 'post-Cold War Global Security Environment'.
Because the funds were located offshore, arrogant criminal gangs working
inside the US Government and foreign structures thought that, with Wanta
deliberately put out of the way and falsely said by corrupt elements
within the CIA to be dead, they could annexe and divert
the funds without any danger of being rumbled. These operations were also
part of an underlying global intelligence war.
-
- But the Day of Reckoning has well and truly arrived,
and we now face the situation where the Federal Reserve has allowed itself
to become an apparent accessory to the fact and a co-conspirator to defraud
the US Treasury, the United States, the American people, Leo Wanta - and
AmeriTrust Group, Inc., his trading organisation which is supported by
one or more agreements with the US Treasury, approved by the White House
and the authorities.
-
- So the crisis has reached the stage where the Fed
has to be brought to book, or nationalised.
-
- Christopher Story, the Editor and Publisher of International
Currency Review, will say this loud and clear during his US radio interview
this evening. See www.worldreports.org for yesterday's fuller report.
-
- In addition to yesterday's longer analysis, which is
currently displayed on the top Click Here panel on the Home Page of
www.worldreports.org, further background to the global financial corruption
crisis will be found on the same Home Page, in the mini-Archive section.
Just press the Archive button to see and select the background reports.
-
- Christopher Story FRSA
- Editor and Publisher
- International Currency Review
- World Reports Limited
- Global Analysis Limited
- Edward Harle Limited
- 108 Horseferry Road
- Westminster
- London SW1P 2EF
- United Kingdom
- Tel: 01144-207-222 3836
- North America: 1-800 661 4809
- Fax: 212-679 1094
- email: cstory@worldreports.org
- www.worldreports.org
- right above Impediments to War
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