JP MORGAN; U.S.FINANCIAL NIGHTMARE: GROWING DEMAND FOR NEW PECORA TYPE HEARING AND INVESTI
An Act of Congress makes it MANDATORY.. the Federal Reserve Banking System and Banks can only stay in business and represent the U.S.A. as long as they act in Compliance With Law (U.S. Statutes at Large 1907-1913-1919-1933 "Glass Steagall"
SECTION. 43.---FEDERAL FOREIGN BANKING ACT
(Law, Banking and Business. Copyright, 1918, by THE JOHN A. HERTEL CO., Copyright 1921 by THE JOHN A . HERTAL CO.)
Bill Moyers Journal . Simon Johnson & Michael Perino | PBS
This week, the Senate responded to the growing demand for a new Pecora Hearing, the 1930s investigation into the causes and effects of the Great Depression. ring, the ...
and Bill Moyers Journal . Pecora Part II? | PBS
The outrage and demand for reform of Wall Street and the banking industry that came from the Pecora hearings led to the founding of the Securities and Exchange Commission ...
Recently I read an article regarding US Treaties, in particular the 1944-45 Bretton Woods Agreement-GATT-IMF and how those subscribing nations were literally screwed by the UK/US/IMF Banking Systems.
First. They had to figure out a 'fail proof' method of 'overthrowing the U.S. of A. Monetary System backed by Gold and Silver. and
SECOND. How to use these tactics to enslave Global Banking, Financing and Economics into a new world system of NO EQUITY owned by any nation who adopted this Fed. R. Banking System/IMF.
England, France and Germany were eagerly grabbing up the Latin American Contracts on the Manuevo-Guano-Nitrates. Also, along came W.R. GRACE, J.P. MORGAN and the English Rothschild Banking in those years of 1870 and 1872.
W.R. Grace became the WAREHOUSE-MAN in control over the Peruvian Manuevo-Guano. Peru was the major product shipper.
W.R. GRACE, J.P. MORGAN and THE ENGLISH ROTHSCHILD BANKING, enticed Peru to sell their product in England on the London Exchange, banking with The Bank of England.
W.R. GRACE as the Government Warehouse-Man in control over all the MANUEVO-GUANO shipments, allowed "short billing of the bills of lading." As an example; The Peruvian Government was reported "only 5 tons of product had been shipped" when actually 50,000 tons were shipped. The "short billing of the bills of laden" made it an impossibility for Peru to pay her creditors for those debts of 1870 and 1872.
April 27, 1875. The Peruvian Legislature in one last desperate attempt to "save her sovereignty" authorized by invocation of the Peruvian Constitution of 1862, to enter into "The one time only, BONUS 3392-181 Commodity Contract, now owned by THE DURHAM (INTL. LTD;) HOLDING TRUST (TIAS 12087). (go back and read "John N. Perry vs the U.S. Debt.")
The War of the Pacific broke out over this "short billing of the bills of lading."
Around 1894, W.R. Grace, J.P. Morgan and the English Rothschild Banking, forced a bankruptcy on Peru, which gave a "60 year receivership" on all the natural resources and minerals of Peru.
The United States had proceeded to spread out throughout the Pacific and Atlantic Ocean looking for more NITRATES called Manuevo-Guano, using the 1856 Guano Act as the almighty Right to "make protectorates" out of every island, country having one BIRD DROPPING of these Manueo-Guano Nitrates.
By using the Nitrates; The American Cotton Producing states outproduced the English Cotton Growers
The English TRIPOD of the W.R. GRACE, J.P. MORGAN and ENGLISH ROTHSCHILD BANKING forcement of Bankruptcy, cause the U.S. to "assume" the 1862-70 DEBT sold in New York, New York, U.S.A. by the ENGLISH BONDHOLDERS [ W.R. GRACE, J.P. MORGAN and ENGLISH ROTHSCHILD BANKING]
AN AMERICAN BOND HOLDER (not to be confused with the English Bondholders) came into existence May 1, 1875 (the one time only BONUS 3392-181) held in Durham (Intl. Ltd;) Holding Trust, Tias 12087 see:
Durham (Intl. Ltd;) Holding Trust, Tias 12087 Documents of Recorded Record http://www.theantechamber.net/Vk2009/DocumentationValidation.htm
1907. A great Depression hit the U.S.A. The Panic of 1893 was a serious economic depression in the United States that began in 1893. Similar to the Panic of 1873, this panic was marked by the collapse of railroad overbuilding and shaky railroad financing which set off a series of bank failures. Compounding market overbuilding and the railroad bubble, was a run on the gold supply. The Panic of '93 was the worst economic depression the United States had ever experienced at the time. This in turn Bankrupted U.S. BANKS across the country who had sold RailRoad Bonds to the public. When it came due to pay the RRBonds.. the banks folded. U.S. House and Senate Members made over 500% profits for allowing JP MORGAN, WR. GRACE and Rothschild Banking "privileges" which would have got an ordinary Citizen a death sentence for SEDITION AND TREASON. 500% Profits can induce U.S. House and Senate Members.. to do a lot of things which get most people in a 6x6 ft hold in the ground.
1913-1919 each slamed down our Public gullets on Christmas Eve when the U.S. House and Senate Members had "closed the U.S. House and Senate from doing business of the People, gone home for Christmas"..
JP MORGAN'S RAIDERS AT WALL STREET proceeded in Expanding the Federal Reserve Act.--- Our own banking system having been so successfully reconstructed and expanded through the Federal Reserve Act, creating the Federal Reserve Banks and enlarging their financial stress, having proven so beneficial, Congress, in 1919 amended the act authorizing the creation of banks within the United States to do foreign banking business, by what is known as the Edge, or Foreign Banking Act, approved December 24, 1919.
Provisions of the Act.--- The Act amends the Federal Reserve Act by adding a new section (25), and owing to its importance, is given in full as follows:
"Banking corporations authorized to do foreign banking business.
"Sec. 25. (a) Corporations to be organized for the purpose of engaging in international or foreign banking or other international or foreign financial operations, or in banking or other financial operations in a dependency or insular possession of the United States, either directly or through the agency, ownership or control of local institutions in foreign countries, or in such dependencies or insular possessions as provided by this section,and to act when required by the secretary of the treasury as fiscal agents of the United States, may be formed by any number of natural persons, not less in any case than five.
"Such persons shall enter into articles of association which shall specify in general terms the objects for which the association is formed and may contain any other provisions not inconsistent with law which the association may see fit to adopt for the regulation of its business and the conduct of its affairs.
Organization Certificate.--- "Such articles of association shall be signed by all of the persons intending to participate in the organization of the corporation and, thereafter, shall be forwarded to the federal reserve board and shall be filed and preserved in its office. The persons signing the said articles of association shall, under their hands, make an organization certificate which shall specifically state:
"1. The name assumed by such corporation, which shall be the subject of the approval of the federal reserve board.
"2. The place or places where its operations are to be carried on.
"3. The place in the United States where its home office is to be located.
"4. The amount of its capital stock and the number of shares into which the same shall be divided.
"5. The names and places of business or residence of the persons executing the certificate and number of shares to which each has subscribed.
"6. The fact that the certificate is made to enable the persons subscribing the same, and all other persons, firms, companies and corporations who or which may thereafter subscribe to or purchase shares of the capital stock of such corporation, to avail themselves of the advantages of this section.
Completing the Organization.--- "The persons signing the organization certificate shall duly acknowledge the execution thereof before a judge of some court of record or notary public, who shall certify thereto under the seal of such court or notary, and thereafter the certificate shall be forwarded to the federal reserve board to be filed and preserved in its office. source: SECTION. 43.---FEDERAL FOREIGN BANKING ACT
(Law, Banking and Business. Copyright, 1918, by THE JOHN A. HERTEL CO., Copyright 1921 by THE JOHN A . HERTAL CO.)
Louis T. McFadden's U.S. House Speech,10 June 1932
Louis T. McFadden's Speech In the House of Representatives 10 June 1932 It is well enough that the people of the nation do not understand our banking and monetary .. http://www.afn.org/~govern/mcfadden_speech_1932.html
The Foreign Banking Act, Dec. 24, 1919. Sec. 43 & Sec. 25. Abuse of Powers by The Federal Reserve Banking System "Trust", empowered by said Act of Congress(?)
SECTION. 43.---FEDERAL FOREIGN BANKING ACT
(Law, Banking and Business. Copyright, 1918, by THE JOHN A. HERTEL CO., Copyright 1921 by THE JOHN A . HERTAL CO.) [ http://www.theantechamber.net/V_K_Durham/ForeignBankingAct.html ]
Bretton Woods Conference, formally United Nations Monetary and Financial Conference, meeting at Bretton Woods, N.H. (July 1-22, 1944), during World War II to make financial arrangements for the postwar world after the expected defeat of Germany and Japan.
The conference was attended by experts noncommittally representing 44 states or governments, including the Soviet Union. It drew up a project for the International Bank for Reconstruction and Development (IBRD) to make long-term capital available to states urgently needing such foreign aid, and a project for the International Monetary Fund (IMF) to finance short-term imbalances in international payments in order to stabilize exchange rates. Although the conference recognized that exchange control and discriminatory tariffs would probably be necessary for some time after the war, it prescribed that such measures should be ended as soon as possible. After governmental ratifications the IBRD was constituted late in 1945 and the IMF in 1946, to become operative, respectively, in the two following years.
(a) Articles of Agreement of the International Bank for
Reconstruction and Development, July 22, 1944
The Governments on whose behalf the present Agreement is signed agree as follows:
The International Bank for Reconstruction and Development is established and shall operate
in accordance with the following provisions:
ARTICLE I. PURPOSES
The purposes of the Bank are:
(i) To assist in the reconstruction and development of territories of members by facilitating
the investment of capital for productive purposes, including the restoration of economies
destroyed or disrupted by war, the reconversion of productive facilities to peacetime needs and
the encouragement of the development of productive facilities and resources in less developed
(ii) To promote private foreign investment by means of guarantees or participations in
Basically that those he represents have been royally screwed by the U.S..
Treaties are involved going as far back as Bretton Woods in 1944. It's all very convoluted and complex but boils down to a fight over the money with all parties scratching and clawing to get at funds which are still frozen. WE are informed that funds aggregated from nations as a result of Bretton Woods were to be returned to participating nations at the end of 50 years with interest and that the U.S. has failed to return funds belonging to others sometimes providing counterfeit Bonds and Gold Certificates. WE hear that certain courts have now ruled Bretton Woods to be null and void. To further complicate matters there are such peripheral 'stashes' as the Marshall Plan Funds for which the Queens father was Trustee and signed certain oaths protecting those funds for the American people who funded the plan in the first place. As a descendent of the B.L.F.'s herself she has nevertheless been unable or unwilling to turn those funds over to the BLF/owners of the Fed as they are demanding. Also we hear, 240 heirs of the Bloodline Families do not agree with their elders and insist that the funds must be paid out. Then of course the OITC in the person of whistleblower continues to make claims separate and apart from his allies Obama and the B.L.Families claiming OITC is the rightful controller of all funds. WE hear the courts have ruled that the OITC has no legitimate claim to anything and at this time they 'control' nothing, absolutely nothing.
Then of course we have 'The Sheep' as represented by casper and many others watching and standing helplessly in the freezing rain for twenty years. Baaaaah.
And then there is another power. Secret, invisible and very very quiet. Who has all those accounts frozen? Who has precluded the looting and divvying up of funds specifically assigned to American citizens? Apparently only The Shadow Knows.
The Military Might of the U.S. is in bed with the Financial/Banking might of the Bloodline Families to forcefully preclude the new and the payouts and Obama and previous Cabal Owned U.S. Presidents are participants in the never ending delays and blockages of the new in order to maintain control of our country and the world at all cost. In order to maintain this control piles and piles of Forged Documents have been used along with blackmail and bribes of various Court Judges. It is corruption on a world scale with greed and power the underlying motivations. All of them are scared to death that if 'the people' receive funds it is all over for them. Debasing currencies worldwide in order to extend the status quo as they are presently doing and it's resultant misery for the common man is of no concern to the owners of the Fed or to Obama who would have his uneducated and therefore ignorant flock believe that he is on their side. Nothing could be further from the truth, he is an employee of the Cabal.
WE continue to believe that the 'new' will overcome the 'old' if for no other reason than the old has irrevocably entered onto a suicidal flight path.
It has been our policy for many years to tend to our own knitting unless we are disparaged by others or unless they attack the validity of the 'programs' we write about. As Keenan, Whistleblower and others have chosen to do exactly that lately we have temporarily laid our 'policy' aside in order to respond to them. source: CASPER: OPINION-- SECOND UPDATE IN RESPONSE TO KEENAN - SEPT. 26, 2012 (corrected) http://www.fourwinds10.net/siterun_data/nesara/news/news.php?q=1348685240
Death of Libyan rebel raises calls for vengeance
MISRATA, Libya (AP) — One of the young Libyan rebels credited with capturing Moammar Gadhafi in a drainage ditch nearly a year ago died Tuesday of injuries after being kidnapped, beaten and slashed by the late dictator's supporters — the latest victim of persistent violence and instability in the North African country.
The death of Omran Shaaban, who had been hospitalized in France, raised the prospect of even more violence and score-settling, with the newly elected National Congress authorizing police and the army to use force if necessary to apprehend those who abducted the 22-year-old and three companions in July near the town of Bani Walid.
Libya is battling lingering pockets of support for the old regime, and its government has been unable to rein in armed militias in a country rife with weapons. Earlier this month, a demonstration at the U.S. Consulate in the eastern city of Benghazi turned violent, killing four Americans, including the U.S. ambassador.
Shaaban was praised as a "dutiful martyr" by the National Congress, although his family says he never received a promised reward of 1 million Libyan dinars ($800,000) for capturing Gadhafi on Oct. 20, 2011, in the former leader's hometown of Sirte. The eccentric dictator was killed later that day by revolutionary fighters.
The Libyan government said it would honor Shaaban with a funeral befitting a hero. His body was greeted at the airport in his hometown of Misrata by more than
Pecora Hearings a Model for Financial Crisis Investigation
Congress could learn from Pecora's 1930s investigation of the stock market crash
By Amanda Ruggeri September 29, 2009
When the Financial Crisis Inquiry Commission held its first public meeting this month, it launched an ambitious, 15-month investigation of the economic meltdown. Created by Congress in May to determine and analyze the origins of the current crisis, the commission is charged with examining no fewer than 20 of its specific causes, including the roles of fraud and abuse, credit rating agencies, and corporate compensation structures. The commission must also examine the collapses of major financial institutions like Lehman Brothers and Bear Stearns.
That's a big goal. And appointing a panel of experts to accomplish such a task is a favorite move of congressional leaders, who have created hundreds over the centuries to examine everything from merchants who defrauded revolutionary forces at Valley Forge to the Iran-contra affair, the 9/11 terrorist attacks, and the use of steroids in baseball. "There's hardly a subject that they haven't tried to tackle with a commission," says Paul Light, a professor at New York University who is studying post-World War II commissions.
Still, hopes are high for the current commission. Criminal charges rarely result from such hearings, but the investigation could lead to legislation to prevent a similar crisis from occurring again. And that's why, when experts and historians point to the type of inquiry this new commission should emulate, they return to the Pecora hearings of the early 1930s.
Ferdinand Pecora, an Italian-American with flashing eyes and a penchant for pinochle, was head counsel of the Senate Committee on Banking and Currency. He took the job after the committee had already spent a year struggling to investigate the main causes of the Depression. The hearings had failed to penetrate Wall Street's shadowy landscape of margin selling, stock rigging, and speculation because witnesses ducked questions and the committee's counsels were weak and changed frequently. By January 1933, with only six weeks of the investigation officially left to go, most committee members had given up on getting answers.
Most, that is, except for Sen. Peter Norbeck, the committee's chairman, a Republican from South Dakota whose lack of knowledge about Wall Street was matched only by his suspicion of it. After the committee's latest counsel quit in frustration over the lack of progress, Norbeck offered the job to four candidates. One by one, they turned him down. A fifth also rejected it but passed along a recommendation: Pecora, the 51-year-old assistant district attorney of New York County. Norbeck pressed Pecora to take the job. All he wanted, he said, was for Pecora to write a report on what the hearings had uncovered so far. But Pecora, hired Jan. 24, 1933, found that there wasn't anything to write, since the committee hadn't uncovered anything of note. Still, Pecora was intrigued. Hoping for one last stab at getting Wall Street to divulge its secrets, Pecora persuaded the senators to grant him another month of hearings and a fistful of subpoenas.
As Pecora prepared for his first hearing, the economy took a new plunge. A run on the banks led to a wave of closures. This crisis put renewed pressure on the committee to deliver. Pecora immediately delved into the country's second-largest bank, National City Bank, which was one of the most notorious for promoting new, risky securities. Though senators were involved in the questioning, it was their new counsel who had done the research, scoured the documents, and knew just how to force the bankers to yield their secrets. Among them was that National City Bank gave cash bonuses to traders who sold the most stocks and bonds, particularly the riskiest ones that it wanted to dispose of the fastest. Just six days after Pecora launched his new round of the investigation, both the bank's chairman and president resigned under pressure from an angry press, the committee, and even the incoming president, Franklin D. Roosevelt.
It was Pecora's first victory, and there were more to come. The most notable was that by the investigation's close in June 1934, the hearings had yielded a trifecta of legislation—the Glass-Steagall Act of 1933, Securities Act of 1933, and Securities Exchange Act of 1934—that dramatically reshaped the American financial system. The Glass-Steagall Act alone created the Federal Deposit Insurance Corp., which guaranteed consumers' deposits in banks, gave the Federal Reserve greater oversight over banks, and separated banks from insurance companies and investment firms. Some economists have even charged that the 1999 repeal of Glass-Steagall helped bring about the current crisis. MORE link to www.usnews.com
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