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KEEP OPPOSING the Bad AER bill (HR HR 6168, the Dietary Supplement and Nonprescription Drug Consumer Protection Act).

IAHF List: Its 6:30 pm, the lame duck session of congress could end during the wee hours of saturday morning, and its IMPERATIVE that we KEEP OPPOSING the Bad AER bill (HR HR 6168, the  Dietary Supplement and Nonprescription Drug Consumer Protection Act). At the end of this alert please see my urgent plea to help IAHF get back to DC!!

HERE IS WHY ONGOING PRESSURE IS NECESSARY:

Senators Hatch and Harken, all the pharma dominated vitamin trade association, as well as (so called Citizens for Health) are pushing VERY HARD to get this bill through. An inside source has informed us that Senator Hatch is recovering from rotator cuff surgery, and that he's made numerous calls from his hospital bed to Congressman Boehner in an effort to get the House Majority Leader to put the bill on the calendar so it can be voted on.

Our sources on the Hill indicate that Boehner is standing firm like the rock of Gibralter REFUSING to budge, but there is still a chance that these oily bastards might attempt to attach the bill as a rider to a much larger bill such as the NIH Appropriations bill- (which is as thick as a Manhatten telephone book).

Stranger things have happened in this Con-gress of WHORES & TRAITORS which has been selling out our country worse than any congress in HISTORY. Read the article below to get fired up, then keep calling the Hill! The Capital Switchboard is open 24/7 and even after hours during the end of a lame duck there are staff in those congressional offices til the end of business which could be at 5 am tomorrow morning. So they WILL get your messages, they're constantly relaying word to their boss as they keep their fingers on the pulse of the people calling in, so your calls DO matter!

Previously we were targetting Boehner, Hastert, and Barton. Now our inside sources are telling us to SHIFT our focus to the RANK AND FILE in the House. So please focus on your OWN Congressman and use the phone script below. You can also fax it in, see http://www.house.gov to get your congressman's fax number.

"I want to kill  HR 6168, the  Dietary Supplement and Nonprescription Drug Consumer Protection Act and understand that some are frustrated that Congressman Boehner (pronounced Bayner) hasn't put it on the calendar, so some are trying to attach it as a RIDER to the NIH REAUTHORIZATION BILL. DO NOT LET THIS HAPPEN!! This bill badly needs a hearing. There is language in it that must be changed. Do not pass it in the middle of the night attached to something as thick as the Manhatten telephone directory unless you want me to work tirelessly against you for the rest of your career til you are driven from office." also use this: 

HR 6168 MUST BE KILLED!!  

"A large sector of the Dietary Supplement industry including Solgar, Nutraceutical Corp, Nature's Plus, Life Extension Foundation, Wellness Resources and many other companies oppose HR6168 Dietary Supplement and Nonprescription Drug Consumer Protection Act. This legislation has nothing in it to determine causality of an Adverse event. Safe dietary supplements would be wrongly blamed for problems actually caused by pharmaceutical drugs taken concurrently with one or more dietary supplements- and there would be no medical or scientific review required by FDA before they could release the flawed "data" released by this witch hunt. This would be a trial lawyers dream, but its not good government and it would do nothing to protect the public health. There must be hearings on this legislation, and there must be changes made to its language before it would actually serve its intended purpose. Do not ram it through on us during the lame duck- if you do, you will enrage the millions of dietary supplements who flooded congress with more mail during the campaign to pass DSHEA than Congress ever received in its history on ANY issue."  

HERES the cool article I told you about:

 

The Worst Congress Ever

How our national legislature has become a stable of thieves and perverts -- in five easy steps .

By Matt Taibbi
10/31/06 "Rolling Stone" -- --
There is very little that sums up the record of the U.S. Congress in the Bush years better than a half-mad boy-addict put in charge of a federal commission on child exploitation. After all, if a hairy-necked, raincoat-clad freak like Rep. Mark Foley can get himself named co-chairman of the House Caucus on Missing and Exploited Children, one can only wonder: What the hell else is going on in the corridors of Capitol Hill these days?

These past six years were more than just the most shameful, corrupt and incompetent period in the history of the American legislative branch. These were the years when the U.S. parliament became a historical punch line, a political obscenity on par with the court of Nero or Caligula -- a stable of thieves and perverts who committed crimes rolling out of bed in the morning and did their very best to turn the mighty American empire into a debt-laden, despotic backwater, a Burkina Faso with cable.

To be sure, Congress has always been a kind of muddy ideological cemetery, a place where good ideas go to die in a maelstrom of bureaucratic hedging and rank favor-trading. Its whole history is one long love letter to sleaze, idiocy and pigheaded, glacial conservatism. That Congress exists mainly to misspend our money and snore its way through even the direst political crises is something we Americans understand instinctively. "There is no native criminal class except Congress," Mark Twain said -- a joke that still provokes a laugh of recognition a hundred years later.

But the 109th Congress is no mild departure from the norm, no slight deviation in an already-underwhelming history. No, this is nothing less than a historic shift in how our democracy is run. The Republicans who control this Congress are revolutionaries, and they have brought their revolutionary vision for the House and Senate quite unpleasantly to fruition. In the past six years they have castrated the political minority, abdicated their oversight responsibilities mandated by the Constitution, enacted a conscious policy of massive borrowing and unrestrained spending, and installed a host of semipermanent mechanisms for transferring legislative power to commercial interests. They aimed far lower than any other Congress has ever aimed, and they nailed their target.

"The 109th Congress is so bad that it makes you wonder if democracy is a failed experiment," says Jonathan Turley, a noted constitutional scholar and the Shapiro Professor of Public Interest Law at George Washington Law School. "I think that if the Framers went to Capitol Hill today, it would shake their confidence in the system they created. Congress has become an exercise of raw power with no principles -- and in that environment corruption has flourished. The Republicans in Congress decided from the outset that their future would be inextricably tied to George Bush and his policies. It has become this sad session of members sitting down and drinking Kool-Aid delivered by Karl Rove. Congress became a mere extension of the White House."

The end result is a Congress that has hijacked the national treasury, frantically ceded power to the executive, and sold off the federal government in a private auction. It all happened before our very eyes. In case you missed it, here's how they did it -- in five easy steps:

STEP ONE
RULE BY CABAL

If you want to get a sense of how Congress has changed under GOP control, just cruise the basement hallways of storied congressional office buildings like Rayburn, Longworth and Cannon. Here, in the minority offices for the various congressional committees, you will inevitably find exactly the same character -- a Democratic staffer in rumpled khakis staring blankly off into space, nothing but a single lonely "Landscapes of Monticello" calendar on his wall, his eyes wide and full of astonished, impotent rage, like a rape victim. His skin is as white as the belly of a fish; he hasn't seen the sun in seven years.

It is no big scoop that the majority party in Congress has always found ways of giving the shaft to the minority. But there is a marked difference in the size and the length of the shaft the Republicans have given the Democrats in the past six years. There has been a systematic effort not only to deny the Democrats any kind of power-sharing role in creating or refining legislation but to humiliate them publicly, show them up, pee in their faces. Washington was once a chummy fraternity in which members of both parties golfed together, played in the same pickup basketball games, probably even shared the same mistresses. Now it is a one-party town -- and congressional business is conducted accordingly, as though the half of the country that the Democrats represent simply does not exist.

American government was not designed for one-party rule but for rule by consensus -- so this current batch of Republicans has found a way to work around that product design. They have scuttled both the spirit and the letter of congressional procedure, turning the lawmaking process into a backroom deal, with power concentrated in the hands of a few chiefs behind the scenes. This reduces the legislature to a Belarus-style rubber stamp, where the opposition is just there for show, human pieces of stagecraft -- a fact the Republicans don't even bother to conceal.

"I remember one incident very clearly -- I think it was 2001," says Winslow Wheeler, who served for twenty-two years as a Republican staffer in the Senate. "I was working for [New Mexico Republican] Pete Domenici at the time. We were in a Budget Committee hearing and the Democrats were debating what the final result would be. And my boss gets up and he says, 'Why are you saying this? You're not even going to be in the room when the decisions are made.' Just said it right out in the open."

Wheeler's very career is a symbol of a bipartisan age long passed into the history books; he is the last staffer to have served in the offices of a Republican and a Democrat at the same time, having once worked for both Kansas Republican Nancy Kassebaum and Arkansas Democrat David Pryor simultaneously. Today, those Democratic staffers trapped in the basement laugh at the idea that such a thing could ever happen again. These days, they consider themselves lucky if they manage to hold a single hearing on a bill before Rove's well-oiled legislative machine delivers it up for Bush's signature.

The GOP's "take that, bitch" approach to governing has been taken to the greatest heights by the House Judiciary Committee. The committee is chaired by the legendary Republican monster James Sensenbrenner Jr., an ever-sweating, fat-fingered beast who wields his gavel in a way that makes you think he might have used one before in some other arena, perhaps to beat prostitutes to death. Last year, Sensenbrenner became apoplectic when Democrats who wanted to hold a hearing on the Patriot Act invoked a little-known rule that required him to let them have one.

"Naturally, he scheduled it for something like 9 a.m. on a Friday when Congress wasn't in session, hoping that no one would show," recalls a Democratic staffer who attended the hearing. "But we got a pretty good turnout anyway."

Sensenbrenner kept trying to gavel the hearing to a close, but Democrats again pointed to the rules, which said they had a certain amount of time to examine their witnesses. When they refused to stop the proceedings, the chairman did something unprecedented: He simply picked up his gavel and walked out.

"He was like a kid at the playground," the staffer says. And just in case anyone missed the point, Sensenbrenner shut off the lights and cut the microphones on his way out of the room.

For similarly petulant moves by a committee chair, one need look no further than the Ways and Means Committee, where Rep. Bill Thomas -- a pugnacious Californian with an enviable ego who was caught having an affair with a pharmaceutical lobbyist -- enjoys a reputation rivaling that of the rotund Sensenbrenner. The lowlight of his reign took place just before midnight on July 17th, 2003, when Thomas dumped a "substitute" pension bill on Democrats -- one that they had never read -- and informed them they would be voting on it the next morning. Infuriated, Democrats stalled by demanding that the bill be read out line by line while they recessed to a side room to confer. But Thomas wanted to move forward -- so he called the Capitol police to evict the Democrats.

Thomas is also notorious for excluding Democrats from the conference hearings needed to iron out the differences between House and Senate versions of a bill. According to the rules, conferences have to include at least one public, open meeting. But in the Bush years, Republicans have managed the conference issue with some of the most mind-blowingly juvenile behavior seen in any parliament west of the Russian Duma after happy hour. GOP chairmen routinely call a meeting, bring the press in for a photo op and then promptly shut the proceedings down. "Take a picture, wait five minutes, gavel it out -- all for show" is how one Democratic staffer described the process. Then, amazingly, the Republicans sneak off to hold the real conference, forcing the Democrats to turn amateur detective and go searching the Capitol grounds for the meeting. "More often than not, we're trying to figure out where the conference is," says one House aide.

In one legendary incident, Rep. Charles Rangel went searching for a secret conference being held by Thomas. When he found the room where Republicans closeted themselves, he knocked and knocked on the door, but no one answered. A House aide compares the scene to the famous "Land Shark" skit from Saturday Night Live, with everyone hiding behind the door afraid to make a sound. "Rangel was the land shark, I guess," the aide jokes. But the real punch line came when Thomas finally opened the door. "This meeting," he informed Rangel, "is only open to the coalition of the willing."

Republican rudeness and bluster make for funny stories, but the phenomenon has serious consequences. The collegial atmosphere that once prevailed helped Congress form a sense of collective identity that it needed to fulfill its constitutional role as a check on the power of the other two branches of government. It also enabled Congress to pass legislation with a wide mandate, legislation that had been negotiated between the leaders of both parties. For this reason Republican and Democratic leaders traditionally maintained cordial relationships with each other -- the model being the collegiality between House Speaker Nicholas Longworth and Minority Leader John Nance Garner in the 1920s. The two used to hold daily meetings over drinks and even rode to work together.

Although cooperation between the two parties has ebbed and flowed over the years, historians note that Congress has taken strong bipartisan action in virtually every administration. It was Sen. Harry Truman who instigated investigations of wartime profiteering under FDR, and Republicans Howard Baker and Lowell Weicker Jr. played pivotal roles on the Senate Watergate Committee that nearly led to Nixon's impeachment.

But those days are gone. "We haven't seen any congressional investigations like this during the last six years," says David Mayhew, a professor of political science at Yale who has studied Congress for four decades. "These days, Congress doesn't seem to be capable of doing this sort of thing. Too much nasty partisanship."

One of the most depressing examples of one-party rule is the Patriot Act. The measure was originally crafted in classic bipartisan fashion in the Judiciary Committee, where it passed by a vote of thirty-six to zero, with famed liberals like Barney Frank and Jerrold Nadler saying aye. But when the bill was sent to the Rules Committee, the Republicans simply chucked the approved bill and replaced it with a new, far more repressive version, apparently written at the direction of then-Attorney General John Ashcroft.

"They just rewrote the whole bill," says Rep. James McGovern, a minority member of the Rules Committee. "All that committee work was just for show."

To ensure that Democrats can't alter any of the last-minute changes, Republicans have overseen a monstrous increase in the number of "closed" rules -- bills that go to the floor for a vote without any possibility of amendment. This tactic undercuts the very essence of democracy: In a bicameral system, allowing bills to be debated openly is the only way that the minority can have a real impact, by offering amendments to legislation drafted by the majority.

In 1977, when Democrats held a majority in the House, eighty-five percent of all bills were open to amendment. But by 1994, the last year Democrats ran the House, that number had dropped to thirty percent -- and Republicans were seriously pissed. "You know what the closed rule means," Rep. Lincoln Diaz-Balart of Florida thundered on the House floor. "It means no discussion, no amendments. That is profoundly undemocratic." When Republicans took control of the House, they vowed to throw off the gag rules imposed by Democrats. On opening day of the 104th Congress, then-Rules Committee chairman Gerald Solomon announced his intention to institute free debate on the floor. "Instead of having seventy percent closed rules," he declared, "we are going to have seventy percent open and unrestricted rules."

How has Solomon fared? Of the 111 rules introduced in the first session of this Congress, only twelve were open. Of those, eleven were appropriations bills, which are traditionally open. That left just one open vote -- H. Res. 255, the Federal Deposit Insurance Reform Act of 2005.

In the second session of this Congress? Not a single open rule, outside of appropriation votes. Under the Republicans, amendable bills have been a genuine Washington rarity, the upside-down eight-leafed clover of legislative politics.

When bills do make it to the floor for a vote, the debate generally resembles what one House aide calls "preordained Kabuki." Republican leaders in the Bush era have mastered a new congressional innovation: the one-vote victory. Rather than seeking broad consensus, the leadership cooks up some hideously expensive, favor-laden boondoggle and then scales it back bit by bit. Once they're in striking range, they send the fucker to the floor and beat in the brains of the fence-sitters with threats and favors until enough members cave in and pass the damn thing. It is, in essence, a legislative microcosm of the electoral strategy that Karl Rove has employed to such devastating effect.

A classic example was the vote for the Central American Free Trade Agreement, the union-smashing, free-trade monstrosity passed in 2005. As has often been the case in the past six years, the vote was held late at night, away from the prying eyes of the public, who might be horrified by what they see. Thanks to such tactics, the 109th is known as the "Dracula" Congress: Twenty bills have been brought to a vote between midnight and 7 a.m.

CAFTA actually went to vote early -- at 11:02 p.m. When the usual fifteen-minute voting period expired, the nays were up, 180 to 175. Republicans then held the vote open for another forty-seven minutes while GOP leaders cruised the aisles like the family elders from The Texas Chainsaw Massacre, frantically chopping at the legs and arms of Republicans who opposed the measure. They even roused the president out of bed to help kick ass for the vote, passing a cell phone with Bush on the line around the House cloakroom like a bong. Rep. Robin Hayes of North Carolina was approached by House Speaker Dennis Hastert, who told him, "Negotiations are open. Put on the table the things that your district and people need and we'll get them." After receiving assurances that the administration would help textile manufacturers in his home state by restricting the flow of cheap Chinese imports, Hayes switched his vote to yea. CAFTA ultimately passed by two votes at 12:03 a.m.

Closed rules, shipwrecked bills, secret negotiations, one-vote victories. The result of all this is a Congress where there is little or no open debate and virtually no votes are left to chance; all the important decisions are made in backroom deals, and what you see on C-Span is just empty theater, the world's most expensive trained-dolphin act. The constant here is a political strategy of conducting congressional business with as little outside input as possible, rejecting the essentially conservative tradition of rule-by-consensus in favor of a more revolutionary strategy of rule by cabal.

"This Congress has thrown caution to the wind," says Turley, the constitutional scholar. "They have developed rules that are an abuse of majority power. Keeping votes open by freezing the clock, barring minority senators from negotiations on important conference issues -- it is a record that the Republicans should now dread. One of the concerns that Republicans have about losing Congress is that they will have to live under the practices and rules they have created. The abuses that served them in the majority could come back to haunt them in the minority."

STEP TWO
WORK AS LITTLE AS POSSIBLE -- AND SCREW UP WHAT LITTLE YOU DO

It's Thursday evening, September 28th, and the Senate is putting the finishing touches on the Military Commissions Act of 2006, colloquially known as the "torture bill." It's a law even Stalin would admire, one that throws habeas corpus in the trash, legalizes a vast array of savage interrogation techniques and generally turns the president of the United States into a kind of turbocharged Yoruba witch doctor, with nearly unlimited snatching powers. The bill is a fall-from-Eden moment in American history, a potentially disastrous step toward authoritarianism -- but what is most disturbing about it, beyond the fact that it's happening, is that the senators are hurrying to get it done.

In addition to ending generations of bipartisanship and instituting one-party rule, our national legislators in the Bush years are guilty of something even more fundamental: They suck at their jobs.

They don't work many days, don't pass many laws, and the few laws they're forced to pass, they pass late. In fact, in every year that Bush has been president, Congress has failed to pass more than three of the eleven annual appropriations bills on time.

That figures into tonight's problems. At this very moment, as the torture bill goes to a vote, there are only a few days left until the beginning of the fiscal year -- and not one appropriations bill has been passed so far. That's why these assholes are hurrying to bag this torture bill: They want to finish in time to squeeze in a measly two hours of debate tonight on the half-trillion-dollar defense-appropriations bill they've blown off until now. The plan is to then wrap things up tomorrow before splitting Washington for a month of real work, i.e., campaigning.

Sen. Pat Leahy of Vermont comments on this rush to torture during the final, frenzied debate. "Over 200 years of jurisprudence in this country," Leahy pleads, "and following an hour of debate, we get rid of it?"

Yawns, chatter, a few sets of rolling eyes -- yeah, whatever, Pat. An hour later, the torture bill is law. Two hours after that, the diminutive chair of the Defense Appropriations Subcommittee, Sen. Ted Stevens, reads off the summary of the military-spending bill to a mostly empty hall; since the members all need their sleep and most have left early, the "debate" on the biggest spending bill of the year is conducted before a largely phantom audience.

"Mr. President," Stevens begins, eyeing the few members present. "There are only four days left in the fiscal year. The 2007 defense appropriations conference report must be signed into law by the president before Saturday at midnight. . . ."

Watching Ted Stevens spend half a trillion dollars is like watching a junkie pull a belt around his biceps with his teeth. You get the sense he could do it just as fast in the dark. When he finishes his summary -- $436 billion in defense spending, including $70 billion for the Iraq "emergency" -- he fucks off and leaves the hall. A few minutes later, Sen. Tom Coburn of Oklahoma -- one of the so-called honest Republicans who has clashed with his own party's leadership on spending issues -- appears in the hall and whines to the empty room about all the lavish pork projects and sheer unadulterated waste jammed into the bill. But aside from a bored-looking John Cornyn of Texas, who is acting as president pro tempore, and a couple of giggling, suit-clad pages, there is no one in the hall to listen to him.

In the Sixties and Seventies, Congress met an average of 162 days a year. In the Eighties and Nineties, the average went down to 139 days. This year, the second session of the 109th Congress will set the all-time record for fewest days worked by a U.S. Congress: ninety-three. That means that House members will collect their $165,000 paychecks for only three months of actual work.

What this means is that the current Congress will not only beat but shatter the record for laziness set by the notorious "Do-Nothing" Congress of 1948, which met for a combined 252 days between the House and the Senate. This Congress -- the Do-Even-Less Congress -- met for 218 days, just over half a year, between the House and the Senate combined.

And even those numbers don't come close to telling the full story. Those who actually work on the Hill will tell you that a great many of those "workdays" were shameless mail-ins, half-days at best. Congress has arranged things now so that the typical workweek on the Hill begins late on Tuesday and ends just after noon on Thursday, to give members time to go home for the four-day weekend. This is borne out in the numbers: On nine of its "workdays" this year, the House held not a single vote -- meeting for less than eleven minutes. The Senate managed to top the House's feat, pulling off three workdays this year that lasted less than one minute. All told, a full fifteen percent of the Senate's workdays lasted less than four hours. Figuring for half-days, in fact, the 109th Congress probably worked almost two months less than that "Do-Nothing" Congress.

Congressional laziness comes at a high price. By leaving so many appropriations bills unpassed by the beginning of the new fiscal year, Congress forces big chunks of the government to rely on "continuing resolutions" for their funding. Why is this a problem? Because under congressional rules, CRs are funded at the lowest of three levels: the level approved by the House, the level approved by the Senate or the level approved from the previous year. Thanks to wide discrepancies between House and Senate appropriations for social programming, CRs effectively operate as a backdoor way to slash social programs. It's also a nice way for congressmen to get around having to pay for expensive-ass programs they voted for, like No Child Left Behind and some of the other terminally underfunded boondoggles of the Bush years.

"The whole point of passing appropriations bills is that Congress is supposed to make small increases in programs to account for things like the increase in population," says Adam Hughes, director of federal fiscal policy for OMB Watch, a nonpartisan watchdog group. "It's their main job." Instead, he says, the reliance on CRs "leaves programs underfunded."

Instead of dealing with its chief constitutional duty -- approving all government spending -- Congress devotes its time to dumb bullshit. "This Congress spent a week and a half debating Terri Schiavo -- it never made appropriations a priority," says Hughes. In fact, Congress leaves itself so little time to pass the real appropriations bills that it winds up rolling them all into one giant monstrosity known as an Omnibus bill and passing it with little or no debate. Rolling eight-elevenths of all federal spending into a single bill that hits the floor a day or two before the fiscal year ends does not leave much room to check the fine print. "It allows a lot more leeway for fiscal irresponsibility," says Hughes.

A few years ago, when Democratic staffers in the Senate were frantically poring over a massive Omnibus bill they had been handed the night before the scheduled vote, they discovered a tiny provision that had not been in any of the previous versions. The item would have given senators on the Appropriations Committee access to the private records of any taxpayer -- essentially endowing a few selected hacks in the Senate with the license to snoop into the private financial information of all Americans.

"We were like, 'What the hell is this?' ?says one Democratic aide familiar with the incident. "It was the most egregious thing imaginable. It was just lucky we caught them."

STEP THREE
LET THE PRESIDENT DO WHATEVER HE WANTS

The constitution is very clear on the responsibility of Congress to serve as a check on the excesses of the executive branch. The House and Senate, after all, are supposed to pass all laws -- the president is simply supposed to execute them. Over the years, despite some ups and downs, Congress has been fairly consistent in upholding this fundamental responsibility, regardless of which party controlled the legislative branch. Elected representatives saw themselves as beholden not to their own party or the president but to the institution of Congress itself. The model of congressional independence was Sen. William Fulbright, who took on McCarthy, Kennedy, Johnson and Nixon with equal vigor during the course of his long career.

"Fulbright behaved the same way with Nixon as he did with Johnson," says Wheeler, the former Senate aide who worked on both sides of the aisle. "You wouldn't see that today."

In fact, the Republican-controlled Congress has created a new standard for the use of oversight powers. That standard seems to be that when a Democratic president is in power, there are no matters too stupid or meaningless to be investigated fully -- but when George Bush is president, no evidence of corruption or incompetence is shocking enough to warrant congressional attention. One gets the sense that Bush would have to drink the blood of Christian babies to inspire hearings in Congress -- and only then if he did it during a nationally televised State of the Union address and the babies were from Pennsylvania, where Senate Judiciary chairman Arlen Specter was running ten points behind in an election year.

The numbers bear this out. From the McCarthy era in the 1950s through the Republican takeover of Congress in 1995, no Democratic committee chairman issued a subpoena without either minority consent or a committee vote. In the Clinton years, Republicans chucked that long-standing arrangement and issued more than 1,000 subpoenas to investigate alleged administration and Democratic misconduct, reviewing more than 2 million pages of government documents.

Guess how many subpoenas have been issued to the White House since George Bush took office? Zero -- that's right, zero, the same as the number of open rules debated this year; two fewer than the number of appropriations bills passed on time.

And the cost? Republicans in the Clinton years spent more than $35 million investigating the administration. The total amount of taxpayer funds spent, when independent counsels are taken into account, was more than $150 million. Included in that number was $2.2 million to investigate former HUD secretary Henry Cisneros for lying about improper payments he made to a mistress. In contrast, today's Congress spent barely half a million dollars investigating the outright fraud and government bungling that followed Hurricane Katrina, the largest natural disaster in American history.

"Oversight is one of the most important functions of Congress -- perhaps more important than legislating," says Rep. Henry Waxman. "And the Republicans have completely failed at it. I think they decided that they were going to be good Republicans first and good legislators second."

As the ranking minority member of the Government Reform Committee, Waxman has earned a reputation as the chief Democratic muckraker, obsessively cranking out reports on official misconduct and incompetence. Among them is a lengthy document detailing all of the wrongdoing by the Bush administration that should have been investigated -- and would have been, in any other era. The litany of fishy behavior left uninvestigated in the Bush years includes the manipulation of intelligence on Saddam Hussein's weapons of mass destruction, the mistreatment of Iraqi detainees, the leak of Valerie Plame's CIA status, the award of Halliburton contracts, the White House response to Katrina, secret NSA wiretaps, Dick Cheney's energy task force, the withholding of Medicare cost estimates, the administration's politicization of science, contract abuses at Homeland Security and lobbyist influence at the EPA.

Waxman notes that the failure to investigate these issues has actually hurt the president, leaving potentially fatal flaws in his policies unexamined even by those in his own party. Without proper congressional oversight, small disasters like the misuse of Iraq intelligence have turned into huge, festering, unsolvable fiascoes like the Iraq occupation. Republicans in Congress who stonewalled investigations of the administration "thought they were doing Bush a favor," says Waxman. "But they did him the biggest disservice of all."

Congress has repeatedly refused to look at any aspect of the war. In 2003, Republicans refused to allow a vote on a bill introduced by Waxman that would have established an independent commission to review the false claims Bush made in asking Congress to declare war on Iraq. That same year, the chair of the House Intelligence Committee, Porter Goss, refused to hold hearings on whether the administration had forged evidence of the nuclear threat allegedly posed by Iraq. A year later the chair of the Government Reform Committee, Tom Davis, refused to hold hearings on new evidence casting doubt on the "nuclear tubes" cited by the Bush administration before the war. Sen. Pat Roberts, who pledged to issue a Senate Intelligence Committee report after the 2004 election on whether the Bush administration had misled the public before the invasion, changed his mind after the president won re-election. "I think it would be a monumental waste of time to re-plow this ground any further," Roberts said.

Sensenbrenner has done his bit to squelch any debate over Iraq. He refused a request by John Conyers and more than fifty other Democrats for hearings on the famed "Downing Street Memo," the internal British document that stated that Bush had "fixed" the intelligence about the war, and he was one of three committee chairs who rejected requests for hearings on the abuse of Iraqi detainees. Despite an international uproar over Abu Ghraib, Congress spent only twelve hours on hearings on the issue. During the Clinton administration, by contrast, the Republican Congress spent 140 hours investigating the president's alleged misuse of his Christmas-card greeting list.

"You talk to many Republicans in Congress privately, and they will tell you how appalled they are by the administration's diminishment of civil liberties and the constant effort to keep fear alive," says Turley, who testified as a constitutional scholar in favor of the Clinton impeachment. "Yet those same members slavishly vote with the White House. What's most alarming about the 109th has been the massive erosion of authority in Congress. There has always been partisanship, but this is different. Members have become robotic in the way they vote."

Perhaps the most classic example of failed oversight in the Bush era came in a little-publicized hearing of the Senate Armed Services Committee held on February 13th, 2003 -- just weeks before the invasion of Iraq. The hearing offered senators a rare opportunity to grill Secretary of Defense Donald Rumsfeld and top Pentagon officials on a wide variety of matters, including the fairly important question of whether they even had a fucking plan for the open-ended occupation of a gigantic hostile foreign population halfway around the planet. This was the biggest bite that Congress would have at the Iraq apple before the war, and given the gravity of the issue, it should have been a beast of a hearing.

But it wasn't to be. In a meeting that lasted two hours and fifty-three minutes, only one question was asked about the military's readiness on the eve of the invasion. Sen. John Warner, the committee's venerable and powerful chairman, asked Gen. Richard Myers if the U.S. was ready to fight simultaneously in both Iraq and North Korea, if necessary.

Myers answered, "Absolutely."

And that was it. The entire exchange lasted fifteen seconds. The rest of the session followed a pattern familiar to anyone who has watched a hearing on C-Span: The members, when they weren't reading or chatting with one another, used their time with witnesses almost exclusively to address parochial concerns revolving around pork projects in their own districts. Warner set the tone in his opening remarks; after announcing that U.S. troops preparing to invade Iraq could count on his committee's "strongest support," the senator from Virginia quickly turned to the question of how the war would affect the budget for Navy shipbuilding, which, he said, was not increasing "as much as we wish." Not that there's a huge Navy shipyard in Newport News, Virginia, or anything.

Other senators followed suit. Daniel Akaka was relatively uninterested in Iraq but asked about reports that Korea might have a missile that could reach his home state of Hawaii. David Pryor of Arkansas used his time to tout the wonders of military bases in Little Rock and Pine Bluff. When the senators weren't eating up their allotted time in this fashion, they were usually currying favor with the generals. Warner himself nicely encapsulated the obsequious tone of the session when he complimented Rumsfeld for having his shit so together on the war.

"I think your response reflects that we have given a good deal of consideration," Warner said. "That we have clear plans in place and are ready to proceed." We all know how that turned out.

STEP FOUR
SPEND, SPEND, SPEND

There is a simple reason that members of Congress don't waste their time providing any oversight of the executive branch: There's nothing in it for them. "What they've all figured out is that there's no political payoff in oversight," says Wheeler, the former congressional staffer. "But there's a big payoff in pork."

When one considers that Congress has forsaken hearings and debate, conspired to work only three months a year, completely ditched its constitutional mandate to provide oversight and passed very little in the way of meaningful legislation, the question arises: What do they do?

The answer is easy: They spend. When Bill Clinton left office, the nation had a budget surplus of $236 billion. Today, thanks to Congress, the budget is $296 billion in the hole. This year, more than sixty-five percent of all the money borrowed in the entire world will be borrowed by America, a statistic fueled by the speed-junkie spending habits of our supposedly "fiscally conservative" Congress. It took forty-two presidents before George W. Bush to borrow $1 trillion; under Bush, Congress has more than doubled that number in six years. And more often than not, we are borrowing from countries the sane among us would prefer not to be indebted to: The U.S. shells out $77 billion a year in interest to foreign creditors, including payment on the $300 billion we currently owe China.

What do they spend that money on? In the age of Jack Abramoff, that is an ugly question to even contemplate. But let's take just one bill, the so-called energy bill, a big, hairy, favor-laden bitch of a law that started out as the wet dream of Dick Cheney's energy task force and spent four long years leaving grease-tracks on every set of palms in the Capitol before finally becoming law in 2005.

Like a lot of laws in the Bush era, it was crafted with virtually no input from the Democrats, who were excluded from the conference process. And during the course of the bill's gestation period we were made aware that many of its provisions were more or less openly for sale, as in the case of a small electric utility from Kansas called Westar Energy.

Westar wanted a provision favorable to its business inserted in the bill -- and in an internal company memo, it acknowledged that members of Congress had requested Westar donate money to their campaigns in exchange for the provision. The members included former Louisiana congressman Billy Tauzin and current Energy and Commerce chairman Joe Barton of Texas. "They have made this request in lieu of contributions made to their own campaigns," the memo noted. The total amount of Westar's contributions was $58,200.

Keep in mind, that number -- fifty-eight grand -- was for a single favor. The energy bill was loaded with them. Between 2001 and the passage of the bill, energy companies donated $115 million to federal politicians, with seventy-five percent of the money going to Republicans. When the bill finally passed, it contained $6 billion in subsidies for the oil industry, much of which was funneled through a company with ties to Majority Leader Tom DeLay. It included an exemption from the Safe Drinking Water Act for companies that use a methane-drilling technique called "hydraulic fracturing" -- one of the widest practitioners of which is Halliburton. And it included billions in subsidies for the construction of new coal plants and billions more in loan guarantees to enable the coal and nuclear industries to borrow money at bargain-basement interest rates.

Favors for campaign contributors, exemptions for polluters, shifting the costs of private projects on to the public -- these are the specialties of this Congress. They seldom miss an opportunity to impoverish the states we live in and up the bottom line of their campaign contributors. All this time -- while Congress did nothing about Iraq, Katrina, wiretapping, Mark Foley's boy-madness or anything else of import -- it has been all about pork, all about political favors, all about budget "earmarks" set aside for expensive and often useless projects in their own districts. In 2000, Congress passed 6,073 earmarks; by 2005, that number had risen to 15,877. They got better at it every year. It's the one thing they're good at.

Even worse, this may well be the first Congress ever to lose control of the government's finances. For the past six years, it has essentially been writing checks without keeping an eye on its balance. When you do that, unpleasant notices eventually start appearing in the mail. In 2003, the inspector general of the Defense Department reported to Congress that the military's financial-management systems did not comply with "generally accepted accounting principles" and that the department "cannot currently provide adequate evidence supporting various material amounts on the financial statements."

Translation: The Defense Department can no longer account for its money. "It essentially can't be audited," says Wheeler, the former congressional staffer. "And nobody did anything about it. That's the job of Congress, but they don't care anymore."

So not only does Congress not care what intelligence was used to get into the war, what the plan was supposed to be once we got there, what goes on in military prisons in Iraq and elsewhere, how military contracts are being given away and to whom -- it doesn't even give a shit what happens to the half-trillion bucks it throws at the military every year.

Not to say, of course, that this Congress hasn't made an effort to reform itself. In the wake of the Jack Abramoff scandal, and following a public uproar over the widespread abuse of earmarks, both the House and the Senate passed their own versions of an earmark reform bill this year. But when the two chambers couldn't agree on a final version, the House was left to pass its own watered-down measure in the waning days of the most recent session. This pathetically, almost historically half-assed attempt at reforming corruption should tell you all you need to know about the current Congress.

The House rule will force legislators to attach their names to all earmarks. Well, not all earmarks. Actually, the new rule applies only to nonfederal funding -- money for local governments, nonprofits and universities. And the rule will remain in effect only for the remainder of this congressional year -- in other words, for the few remaining days of business after lawmakers return to Washington following the election season. After that, it's back to business as usual next year.

That is what passes for "corruption reform" in this Congress -- forcing lawmakers to put their names on a tiny fraction of all earmarks. For a couple of days.

STEP FIVE
LINE YOUR OWN POCKETS

Anyone who wants to get a feel for the kinds of beasts that have been roaming the grounds of the congressional zoo in the past six years need only look at the deranged, handwritten letter that convicted bribe-taker and GOP ex-congressman Randy "Duke" Cunningham recently sent from prison to Marcus Stern, the reporter who helped bust him. In it, Cunningham -- who was convicted last year of taking $2.4 million in cash, rugs, furniture and jewelry from a defense contractor called MZM -- bitches out Stern in the broken, half-literate penmanship of a six-year-old put in time-out.

"Each time you print it hurts my family And now I have lost them Along with Everything I have worked for during my 64 years of life," Cunningham wrote. "I am human not an Animal to keep whiping [sic]. I made some decissions [sic] Ill be sorry for the rest of my life."

The amazing thing about Cunningham's letter is not his utter lack of remorse, or his insistence on blaming defense contractor Mitchell Wade for ratting him out ("90% of what has happed [sic] is Wade," he writes), but his frantic, almost epic battle with the English language. It is clear that the same Congress that put a drooling child-chaser like Mark Foley in charge of a House caucus on child exploitation also named Cunningham, a man who can barely write his own name in the ground with a stick, to a similarly appropriate position. Ladies and gentlemen, we give you the former chairman of the House Subcommittee on Human Intelligence Analysis and Counterintelligence:

"As truth will come out and you will find out how liablest [sic] you have & will be. Not once did you list the positives. Education Man of the Year...hospital funding, jobs, Hiway [sic] funding, border security, Megans law my bill, Tuna Dolfin [sic] my bill...and every time you wanted an expert on the wars who did you call. No Marcus you write About how I died."

How liablest you have & will be? What the fuck does that even mean? This guy sat on the Appropriations Committee for years -- no wonder Congress couldn't pass any spending bills!

This is Congress in the Bush years, in a nutshell -- a guy who takes $2 million in bribes from a contractor, whooping it up in turtlenecks and pajama bottoms with young women on a contractor-provided yacht named after himself (the "Duke-Stir"), and not only is he shocked when he's caught, he's too dumb to even understand that he's been guilty of anything.

This kind of appalling moral blindness, a sort of high-functioning, sociopathic stupidity, has been a consistent characteristic of the numerous Republicans indicted during the Bush era. Like all revolutionaries, they seem to feel entitled to break rules in the name of whatever the hell it is they think they're doing. And when caught breaking said rules with wads of cash spilling out of their pockets, they appear genuinely indignant at accusations of wrongdoing. Former House Majority Leader and brazen fuckhead Tom DeLay, after finally being indicted for money laundering, seemed amazed that anyone would bring him into court.

"I have done nothing wrong," he declared. "I have violated no law, no regulation, no rule of the House." Unless, of course, you count the charges against him for conspiring to inject illegal contributions into state elections in Texas "with the intent that a felony be committed."

It was the same when Ohio's officious jackass of a (soon-to-be-ex) Congressman Bob Ney finally went down for accepting $170,000 in trips from Abramoff in exchange for various favors. Even as the evidence piled high, Ney denied any wrongdoing. When he finally did plead guilty, he blamed the sauce. "A dependence on alcohol has been a problem for me," he said.

Abramoff, incidentally, was another Republican with a curious inability to admit wrongdoing even after conviction; even now he confesses only to trying too hard to "save the world." But everything we know about Abramoff suggests that Congress has embarked on a never-ending party, a wild daisy-chain of golf junkets, skybox tickets and casino trips. Money is everywhere and guys like Abramoff found ways to get it to guys like Ney, who made the important discovery that even a small entry in the Congressional Record can get you a tee time at St. Andrews.

Although Ney is so far the only congressman to win an all-expenses trip to prison as a result of his relationship with Abramoff, nearly a dozen other House Republicans are known to have done favors for him. Rep. Jim McCrery of Louisiana, who accepted some $36,000 from Abramoff-connected donors, helped prevent the Jena Band of Choctaw Indians from opening a casino that would have competed with Abramoff's clients. Rep. Deborah Pryce, who sent a letter to Interior Secretary Gale Norton opposing the Jena casino, received $8,000 from the Abramoff money machine. Rep. John Doolittle, whose wife was hired to work for Abramoff's sham charity, also intervened on behalf of the lobbyist's clients.

Then there was DeLay and his fellow Texan, Rep. Pete Sessions, who did Abramoff's bidding after accepting gifts and junkets. So much energy devoted to smarmy little casino disputes at a time when the country was careening toward disaster in Iraq: no time for oversight but plenty of time for golf.

For those who didn't want to go the black-bag route, there was always the legal jackpot. Billy Tauzin scarcely waited a week after leaving office to start a $2 million-a-year job running PhRMA, the group that helped him push through a bill prohibiting the government from negotiating lower prices for prescription drugs. Tauzin also became the all-time poster boy for pork absurdity when a "greenbonds initiative" crafted in his Energy and Commerce Committee turned out to be a subsidy to build a Hooters in his home state of Louisiana.

The greed and laziness of the 109th Congress has reached such epic proportions that it has finally started to piss off the public. In an April poll by CBS News, fully two-thirds of those surveyed said that Congress has achieved "less than it usually does during a typical two-year period." A recent Pew poll found that the chief concerns that occupy Congress -- gay marriage and the inheritance tax -- are near the bottom of the public's list of worries. Those at the top -- education, health care, Iraq and Social Security -- were mostly blown off by Congress. Even a Fox News poll found that fifty-three percent of voters say Congress isn't "working on issues important to most Americans."

One could go on and on about the scandals and failures of the past six years; to document them all would take . . . well, it would take more than ninety-three fucking days, that's for sure. But you can boil the whole sordid mess down to a few basic concepts. Sloth. Greed. Abuse of power. Hatred of democracy. Government as a cheap backroom deal, finished in time for thirty-six holes of the world's best golf. And brains too stupid to be ashamed of any of it. If we have learned nothing else in the Bush years, it's that this Congress cannot be reformed. The only way to change it is to get rid of it.

Fortunately, we still get that chance once in a while.

See our picks for the 10 Worst Congressmen and read what people are saying in our politics blog.

IAHF needs your help to get back to DC in January: 

If we can kill the AER bill in the House during this lame duck session which ends Friday, the bill would have to be reintroduced in the next Congress under new bill numbers- they'd have to try again- and we will have to push very hard for a HEARING on the bill in order to get the changes made to it that we need. 

The other side is pulling out all the stops to get this bill through because it would enable the big supplement companies that could afford the red tape to knock off the small companies that can't and the big ones would gain hugely increased marketshare. Thank God not all big companies are against us! Please be sure to THANK Nature's Plus, Nutraceutical, and Solgar for being in our corner against NPA (formerly NNFA). 

We must continue to build our base regardless of what happens on this bill. We must ALSO push for a hearing on FDA's illegal Trilateral Cooperation Charter with Canada/ Mexico wherein FDA is attempting to harmonize the food and drug regs for all 3 countries as if the N.American Union already existed. We're seeing a concerted push to DESTROY our country, and it will be destroyed, but ONLY if we LET it! 

See my petition and please sign it: http://www.thepetitionsite.com/takeaction/373269232#body 

 

For donations of $25 we'll send a copy of Byron Richard's book

FIGHT FOR YOUR HEALTH- EXPOSING THE FDA's BETRAYAL OF AMERICA

For $50. we'll send the book, plus Kevin Miller's documentary film "We Become Silent" about the Codex vitamin issue.For $100. we'll send the above + an IAHF Bumper Sticker.  

For $200. or more we'll send the above + an autographed photo suitable for framing of John Hammell swimming in a hole cut in the ice of a frozen pond.  

The photo helps anyone who sees it to increase their resolve to be stronger than any hardship you may ever face.  

Please help us get back to DC so we can do our work!  

IAHF 556 Boundary Bay Rd., Point Roberts WA 98281 or via paypal: http://www.iahf.com click to enter site, see paypal link on top of scrollbar inside the site.  

For Health Freedom, John C. Hammell, President International Advocates for Health Freedom 556 Boundary Bay Road Point Roberts, WA 98281-8702 USA http://www.iahf.com jham@iahf.com 800-333-2553 N.America 360-945-0352 World

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December 8, 2006 in Current Affairs | Permalink | Comments (0) | TrackBack

Top U.S. Officials Continue Monetary Rape and Pillage

TOP U.S. OFFICIALS STEALING, STEALING, STEALING ...

AS WE PREDICTED ON 2 SEPTEMBER, $ HEADS INTO FREE FALL

Sunday 3 December 2006 20:38

HANK 'CONFLICT-OF-INTEREST' PAULSON GOES FOR BROKE

TOP-LEVEL U.S. CROOKS CAN'T STOP STEALING, AND THEY HAVE BEEN EXPOSED

DIARY OF U.S. OFFICIAL SCAMMING AND OBFUSCATION IN NOVEMBER 2006

IMPORTANT UPDATE: ON 5TH DECEMBER, THE DEPARTMENT OF HOMELAND SECURITY AND THE CIA ATTACKED THIS WEBSITE, WHICH IS ILLEGAL. SPECIFICALLY, THEY TRUNCATED ALL THE TEXT IN THE 'DIARY' SECTION BELOW, FROM 20 NOVEMBER ONWARDS. THE EDITOR DISCOVERED THIS AT ABOUT 11.00 PM UK TIME ON 5TH DECEMBER.

THE TEXT HAS BEEN RESTORED*.

ON CHECKING WITH MICHAEL C. COTTRELL, M.S., AT AROUND MIDNIGHT, IT WAS CONFIRMED THAT THE EDITOR'S SUSPICION [SEE BELOW] THAT THE U.S. TREASURY'S 'DATA BURST' INSTRUCTIONS TO SETTLE THE LEO WANTA $4.5 TRILLION PAYMENT, DATED THE 17TH NOVEMBER 2006, WERE INDEED DIVERSIONARY AND FALSE, WAS 100% CORRECT.

THE FUNDS WERE BEING STOLEN IN 'REAL TIME'.

WHILE THE U.S. TREASURY ADOPTED THE POSITION THAT IT HAD FULFILLED ITS DUTY TO SETTLE WANTA'S $4.5 TRILLION, IN REALITY THE TREASURY 'DATA BURST' INSTRUCTIONS PROVIDED FOR THE DIVERSION AND STEALING OF THE FUNDS. THEREFORE, THE EDITOR'S SUSPICION THAT THE U.S. AUTHORITIES, DIRECTED BY PRESIDENT GEORGE BUSH JR., MR JAMES WILKINSON, AND MR HENRY ('CONFLICT OF INTEREST') M. PAULSON, HAVE BEEN ORCHESTRATING THE STEALING OF THE FUNDS, TURNS OUT, WE REPEAT, TO BE 100% ACCURATE. SEE BELOW FOR DETAILS.

THIS IS AN EXCEEDINGLY GRAVE MATTER WHICH COULD LEAD TO AN UNPRECEDENTED GLOBAL AND U.S. DOMESTIC CRISIS. THESE FOOLS CANNOT STOP STEALING FUNDS, AND THEY HAVE AGAIN BEEN CAUGHT IN THE ACT, IMPERVIOUS TO THE CONSEQUENCES. THE NATURE OF THESE CONSEQUENCES WILL NOW BE DRUMMED INTO THEIR THICK, ARROGANT, CLEPTOMANIAC AND MENDACIOUS SKULLS.

THE U.S. DOLLAR AND A NUMBER OF LARGE FINANCIAL INSTITUTIONS ON BOTH SIDES OF THE ATLANTIC ARE NOW TEETERING ON THE BRINK OF COLLAPSE, ALL BECAUSE OF THE DUPLICITY, LIES, DOUBLE-CROSSING, SCAMMING AND STEALING OPERATIONS CONDUCTED AT THE HIGHEST LEVEL BY THE WHITE HOUSE, THE TREASURY, AND THE FEDERAL RESERVE. THE PERPETRATORS ARE 100% RESPONSIBLE FOR THEIR OWN ACTIONS, AND FOR THE TERRIBLE IMMINENT CONSEQUENCES.

THE BUSH EMPIRE IS ON THE BRINK OF COLLAPSE AND DISINTEGRATION, TOO. THEIR MASSIVE 'FUNNY MONEY', ILLEGALLY STASHED ASSETS WILL SOON BE WORTHLESS...

MR COTTRELL HAS ALSO CONFIRMED THAT ALL THE INFORMATION PROVIDED IN DIARY FORMAT BELOW, HAS TURNED OUT TO BE ACCURATE, AS WE KNEW WAS THE CASE. THEREFORE, WE ARE WITNESSING THE GRAVEST FINANCIAL CRISIS IN WORLD HISTORY.

ALSO, THE AUTHORITIES COMMITTED TWO VERY STUPID MISTAKES: FIRST, BY SENDING SECRET SERVICE AGENTS TO THE RESIDENCE OF A COMPLIANCE OFFICER IN ORDER TO PRESSURISE HIM NOT TO REVEAL THE CONTENTS OF THE PAULSON TREASURY'S 'DATA BURST' INSTRUCTIONS WHICH PURPORTED TO CONTAIN THE LEO WANTA PAYMENT INSTRUCTIONS BUT WHICH IN FACT (AS WE SUSPECTED) GAVE INSTRUCTIONS FOR THE DIVERSION OF THE FUNDS, THEY 'BLEW THEIR COVER' – SINCE, IT WAS QUITE OBVIOUS THAT THEY WERE HIDING SOMETHING, AND WHAT THEY WERE HIDING WAS ITSELF OBVIOUS.

THE CRIMINAL MENTALITY NEVER KNOWS WHEN TO STOP, AND TO 'GO STRAIGHT'.

SECONDLY, BY ILLEGALLY ATTACKING THIS WEBSITE, THEY HAVE REVEALED THAT THEY ARE IN A STATE OF BLIND PANIC.

SO HERE IS SOME BASIC, ELEMENTARY ADVICE FOR THE DHS AND THE CIA, WHO ARE TRYING TO PROTECT THE EXPOSED BACKSIDES OF THE WRETCHED CREATURES PERPETRATING THESE SCAMS, MENTIONED ABOVE, AND THE TOP-LEVEL PERPETRATORS THEMSELVES:

GET REAL, STOP LYING, STOP SCAMMING, BREAK THE HABIT, PAY OUT THE WANTA SETTLEMENT IMMEDIATELY, AND AVOID THE VERY WORST POSSIBLE OUTCOME OF ALL, WHICH IS THAT ALL THE FIAT 'PONZI GAME' FUNNY MONEY THAT YOU SO ADORE, WHICH IS YOUR IDOLATRY, WILL SOON BE WORTHLESS, AND MAJOR INSTITUTIONS WILL GO TO THE WALL – ABSENT THE WANTA SETTLEMENT.

YOU FOOLS, YOU HAVE BROUGHT THIS PENDING CATASTROPHE ON YOUR OWN HEADS.

WHETHER YOU CAN SAVE YOUR SKINS IS DOUBTFUL: BUT WHAT IS CERTAIN IS THAT IF YOU DON'T SETTLE THE WANTA $4.5 TRILLION, YOU WILL BE BURNT TOAST, HISTORY AND VERY PROBABLY STRUNG UP FROM SOME OF GEORGE H.W. BUSH SR'S LAMP POSTS.

NOT EVEN YOUR WORST ENEMIES WANT THAT OUTCOME, BUT AS YOU DON'T UNDERSTAND WHEN TO STOP, YOU MAY WELL BRING IT ON YOURSELVES.

WE HAVE ALWAYS THOUGHT YOU WERE STUPID. NOW THE WHOLE WORLD KNOWS IT.

AMBASSADOR WANTA WAS IMPRISONED AND HELD UNDER HOUSE ARREST FOR AN INTENDED 22 YEARS ON A TRUMPED-UP CHARGE WHICH WE HAVE CONCLUSIVELY DEMONSTRATED TO BE FALSE. THE MERCILESS, CRUEL AND HEARTLESS BEHAVIOUR OF THE CLINTON AND BUSH WHITE HOUSE SUGGESTS THAT THE THIEVES WHO ARE ORCHESTRATING THE STEALING OF WANTA'S TAGGED AND EARMARKED $4.5 TRILLION SHOULD SERVE A MILLENNIUM IN JAIL. LEO WANTA WAS ILLEGALLY SLAMMED FOR NOT PAYING $14,129 WHICH HE NEVER OWED.

YOU HAVE BEEN CAUGHT STEALING (AT LEAST) THE $4.5 TRILLION THAT THE EDITOR KNOWS ABOUT. THEREFORE, ON A 'FAIRNESS' SCALE, YOU SHOULD ALL SPEND 10,000 YEARS IN JAIL – INSTEAD OF ENJOYING YOUR THOUSAND-YEAR REICH WHICH THE TRAITOROUS GERMAN-CIA FIFTH COLUMN WANTS TO BUILD ON THE RUINS OF THE UNITED STATES.

AND TEN THOUSAND YEARS IN JAIL WOULD BE NOTHING LIKE ENOUGH FOR YOU, IN THE LIGHT OF THE LIES, ATROCITIES AND ABOMINATIONS YOU HAVE COMMITTED.

[*If you see any peculiar characters on this site – one of which may be &Bull – please be advised that these aberrations are inserted by creeps working for DHS and CIA, which is of course totally illegal, and that when we spot any of their nasty little tricks, we will make corrections asap. Also, if you see any of our posted text 'snipped' and deleted, please email cstory@worldreports.org, and we will restore the missing copy if possible. Note to the CIA/DHS: This NOT a U.S. website. Please CEASE AND DESIST. BY WRECKING OUR SITE, YOU 'BLOW YOUR COVER'. PANICKING IDIOTS!].

The posting dated 4th December, restored at midnight London time on the 5th, begins here:

By Christopher Story FRSA, Editor and Publisher, International Currency Review, World Reports Limited, London and New York: www.worldreports.org. Press the ARCHIVE Button on the Home Page for Wanta Crisis reports since June 2006.

Henry M. Paulson, the US Treasury Secretary, is well on the way towards earning a reputation as the most dangerously complacent operative ever to have occupied his high position. His reckless and obtuse behaviour with respect to the Wanta Settlement, which he has hijacked, has wrecked any prospect of 'business as usual', and has virtually ensured that he and his co-conspirators will, in the course of time, find themselves arraigned for corruption, conspiracy to steal the funds of others, and as accessories to the fact of multiple felonies, listed in our earlier postings.

COLLAPSE OF INTERNATIONAL CONFIDENCE, AS PREDICTED
The factor that he and his bewildered and frightened colleagues appear to have overlooked is the small problem of INTERNATIONAL CONFIDENCE. Given the deep penetration of our postings on the Leo Wanta crisis internationally since last June, all who matter in worldwide positions of power, have had to watch speechless as the US authorities have played fast and loose with the $4.5 trillion tagged and earmarked for Ambassador Leo Wanta and his Virginia-based corporation, AmeriTrust Groupe, Inc., corruptly maximising these REAL US dollars for self-enrichment and 'hole-plugging' purposes – as the financial world awaits in horror the impending maturities in the ‘Ponzi Game’ derivatives sector, which is now believed to aggregate in the quadrillions of dollars.

Significant maturities are imminent THIS MONTH, on top of the defaults registered in London and other European centres by early November, which were then reported as amounting to some $4.275 trillion. This figure is now believed to be much higher.

NEW LIE: PAULSON IS ‘MANAGING’ THE DOLLAR’S DEPRECIATION
Furthermore, in the past two weeks or so, a new deception has crept into the picture. Specifically, ill-informed media pundits have latched on to the depreciating dollar as indicative of a grandiose and subtle strategy being executed by Hank M. (‘Conflict-of-Interest’) Paulson in the interests of diminishing the US trade deficit, which now roughly equates, in a single year, to the $1.0 trillion value of China's reported foreign exchange reserves. According to this perception, Hank ‘Conflict-of-Interest’ Paulson is engaged in a currency realignment engineering exercise on the basis of a measured plan that will benefit everyone, including the Man in the Moon.

Unfortunately, a review of international economic analyses by newspaper pundits on both sides of the Atlantic over the past month reveals that these people often have NO CLUE WHAT THEY ARE WRITING ABOUT. The language they use is locked into outdated concepts of inflation, interest rate policy, money supply, housing market data, labour market indicators, and 'the latest numbers' which are variously said to please or to alarm Wall Street, depending on the time of day – thereby in some unexplained manner influencing the price of the dollar on the foreign exchanges.

EXCU..U...U...U...SE US.

The US dollar's cascading depreciation is NOTHING TO DO WITH ANY OF THE USUAL CLAPTRAP WRITTEN IN A HURRY TO MEET PRESS DEADLINES BY ECONOMIC ANALYSTS IN THE MEDIA.

On the contrary, it is 100% the consequence of the cack-handed, corrupt, devious, irregular and culpable mishandling, since last June, of the Wanta Settlement. In accordance with the agreement signed off on 12th December 2005 by the President, the Vice-President, the Treasury Secretary du jour, the Supremes, and key American legislators, it should have been implemented with effect from the beginning of July 2006 but was hijacked first by President George W. Bush while en route to the St Petersburg Summit Meeting, and later, in a series of devious and deceitful manoeuvres, by Mr Conflict-of-Interest himself.

We all know that a certain type of American never looks beyond the borders of the United States: but the fact, like it or not, is that THE REST OF THE WORLD IS BEYOND DISGUSTED AT THE LIES, SCAMS, SHENANIGANS, DECEITFUL MANOEUVRES AND CHICAGO-STYLE BANDITRY THAT THE PRESENT BUNCH OF BANK ROBBERS HOLDING OFFICE IN WASHINGTON HAS PERPETRATED SINCE THE SUMMER MONTHS.

As a consequence, the Rest of the World – which, in case some Americans have not yet realised it, IS VERY MUCH BIGGER THAN THE UNITED STATES ALONE AND IS UNDER NO CONTINUING OBLIGATION TO USE AMERICA’S DEGRADING CURRENCY AS THE WORLD'S INTERVENTION AND OIL/GAS EXPORT DENOMINATION UNIT – has realised that the crooks in charge can never be trusted again and has therefore decided to ditch its dollar holdings as quickly as possible.

OUR 2nd SEPTEMBER PREDICTIONS ARE THUS BEING FULFILLED
This is precisely as we predicted in our posting dated 2nd September 2006*. And believe it or not, those responsible for this state of affairs have read all our reports almost immediately they have been posted. WE WARNED THEM WHAT WOULD HAPPEN IF THEY DIDN'T FINALISE THE LEO WANTA SETTLEMENT: AND THESE IDIOTS TOOK NO NOTICE. They stupidly thought they could continue their corrupt 'business as usual', and FORGOT ABOUT THE INTERNATIONAL CONFIDENCE FACTOR.

MAKING THE CURRENT SITUATION FAR, FAR WORSE, IS THE GHASTLY FACT THAT THE OVERHANG OF ‘PONZI GAME’ DERIVATIVES, NOW BELIEVED TO BE IN THE QUADRILLIONS OF U.S. DOLLARS, IS FACING A BULGE OF MATURITIES THIS MONTH. There is accordingly some suspicion that certain forces in Washington have been prepared to deploy their manipulation of the Wanta Settlement crisis as a means of baiting the international financial community to dump the dollar, so that the derivatives Day of Reckoning, which is imminent, will be less devastating.

If true, this is a policy of extreme desperation which invites the prospect of the worst possible outcome – that the US dollar cascade will overshoot, driving sterling way beyond $2.0, towards $3.0, which will destroy the British economy, and will push the European Collective Currency – which is underpinned by NOTHING, since NO SOVEREIGN GOVERNMENT CONTROLS IT, whatever the aggressive Germans may believe – to a level which will tear the Eurozone apart.

Moreover the Bank of England is engaged in reckless transactions, using multiple hypothecation techniques resulting in the off-balance sheet accumulation of American dollars, which have been depreciating faster than it can accumulate them. When the black dust settles, if it ever does, this institution will need to be investigated – since it appears to be a co-conspirator, within the closed central banking system, with the official financial operatives in Washington who are systematically destabilising the international financial system for personal, untaxed gain.

Since the Rest of the World is dumping dollars because it has lost confidence in the 'Full Faith and Credit of the United States' as it has watched the White House, the US Treasury and the Federal Reserve play cynical games with Ambassador Wanta’s hard dollar cash, it is instructive to review, for example, what shenanigans transpired in the single month of November 2006, adding to the global disquiet. Detailed notesd are taken and retained of every development in this crisis.

DIARY OF U.S. OFFICIAL SCAMMING OPS. DURING NOVEMBER 2006
Bear in mind in all this that the Chinese parties have been lied to on several occasions by Mr Henry ‘Conflict-of-Interest’ Paulson, whose former financial institution, of which he was CEO, is sitting on Ambassador Wanta’s $4.5 trillion and is make use of it irregularly and without the Ambassador's permission for self-enrichment and 'hole-filling', or 'backfilling' purposes.

The following diary, which is published by permission of the Ambassador and Michael C. Cottrell, M.S., the Treasurer of AmeriTrust Groupe Inc., illustrates how the corrupt US bank robbers misled the Chinese authorities, the Vatican and the Ambassador and Mr Cottrell during the month of November and early December:

• 01 November 2006: Donald L Kohn (Federal Reserve and Bank for International Settlements official) and Hank (‘Conflict-of-Interest’) Paulson actively prevent the distribution of Ambassador Wanta’s $4.5 trillion, whereas Federal Reserve Chairman Dr Ben S. Bernanke and a Mr McCurdy,
of the Federal Reserve Bank of New York, have jointly signed off.

• 02 November: Ambassador Leo Emil Wanta is notified by a Mr Frazier of the Wisconsin Department of Revenue that he owes $43,304.42 of State tax, which is not true. The computation even displays a sum of illegally charged State tax amounting to $14,129 which was paid twice in 1992 under protest, even though Mr Wanta had been non-resident and working abroad on US Government intelligence work on the direct instructions of President Reagan since 1985.

On hearing of this latest abomination, the Editor of this service downed tools and produced a special 24-page Supplement entitled ‘WISCONSIN TAXATION GESTAPO FRAUD’ which definitively demonstrates how the Wisconsin tax authorities have perpetrated a conspiratorial fraud against Leo Wanta since 1992, under instructions originally from the Clinton White House (1).

The Supplement displays the relevant tax documents and shows how this fraud was perpetrated. Its purpose was to provide the pretext for Wanta’s ‘takedown’, so that the ‘Box Gang’ (Clinton criminals + Bush criminals) could steal, divert, misappropriate, collateralise, and hypothecate,
with their corrupt banking and trading intermediary co-conspirators and accessories to the fact of innumerable felonies – while the CIA lied systematically that the Ambassador was long since DEAD.

When he ceased to be dead in 2005, the crooks panicked and negotiated the Wanta Settlement (with the US Government signatories evidently signing in bad faith, but nevertheless responsible for having approved the Settlement). See note (1) below, and the 24-page Wisconsin Supplement which was distributed worldwide along with International Currency Review 31, 3-4, on 22nd November (2), (3).

• 02 November: The US Treasury is notified of discrepancies in the new electronic trading system which – SURPRISE, SURPRISE, SURPRISE, SURPRISE, AND YET AGAIN, SURPRISE – allows funds to be diverted off-balance sheet. In other words, the means of perpetrating officially sanctioned criminal financial operations is purposely integrated into the brand new American electronic trading system, shortly to be implemented. This will enable the financial criminalists to continue their untaxed off-balance sheet carousel ad infinitum (they had hoped),

• 04 November: The Chinese parties notify the Ambassador and his colleague, Michael C. Cottrell, M.S., that they will have received the official authority to proceed with their decision to pay the $4.5 trillion to the Ambassador/AmeriTrust Groupe, Inc., by 6th November 2006. It will be recalled that the Chinese parties had earlier informed the American authorities that if they did not fulfil their clear obligations to Ambassador Wanta/AmeriTrust Groupe, Inc, they reserved the right to do so instead of the Americans. Their motivations include the fact that the only two Americans they trust are the Ambassador (whom they trust because of his impeccable record in fulfilling his obligations towards them many years ago), and their extreme concern that the amoral and disreputable behaviour of the US authorities will lead to a world catastrophe, in which the Chinese economy, like that of the Rest of the World, will be smashed. These fears are well grounded, and reflect inter alia our posted warnings dated 2nd September 2006*, also published in International Currency Review.

• 05 November: The respected journalist Bill Plante, of CBS News, who is investigating the crisis surrounding the US Treasury’s non-performance on the Wanta Settlement, and who is staying in Washington DC, is approached and threatened by US Government security thugs, and told to ‘get out of town’. This, by the way, is the first-ever reported information concerning an attempt by the ‘mainstream’ media to catch up with this service, and to start reporting the truth about this
high-level corruption.

• 09 November: Enforcement authorities at the Vatican inform Michael C. Cottrell, M.S. that Settlement of the Wanta $4.5 trillion will take place immediately. This suggests either than the Vatican has hard information, or else that it has been taught by the Bush Sr. operatives how to deploy their favourite little nasty trick, of indicating that all is well – promising the earth in bad
faith, with no intention of performing.

• 09 November: One of the associates of Ambassador Wanta and Michael C. Cottrell, M.S., who has been helping with this Settlement, has his personal, joint and corporate bank accounts frozen by the US Treasury and the Department of Homeland Security (a.k.a. the US Ministry of State Security), on the ground that he had been professionally helping the Ambassador and AmeriTrust Groupe, Inc. This thuggish, Soviet-style behaviour shows to what extreme lengths the criminals in power in Washington will go to protect their interests, stolen assets and backsides. Unfortunately for all the perpetrators concerned, the worm has turned and their reprobate financial scamming operations, which they thought would never be found out, let alone publicised, are being exposed BIG TIME.

• 10 November: Ambassador Leo Wanta is informed that all the large international banks that are not engaged in nefarious carousel transactions are extremely annoyed and upset at the continuing reprobate and illegal non-performance of the US Treasury on the Wanta Settlement. This has been known for some time, but now the matter is made formally known to the Ambassador.

• 11 November: Investigators associated with the Ambassador and Michael C. Cottrell, M.S., advise that the following officials are seeking to prevent payment of the Wanta Settlement (and associated payments):

• Lawrence Stevens, a US Treasury official.
• Donald L. Kohn, the Federal Reserve and Bank for International Settlements official.
• Hank (‘Conflict-of-Interest’) Paulson, US Treasury Secretary.
• Joshua Bolten, White House Chief of Staff.

Also seeking to prevent the Settlement are Wachovia, New York, & First Union Bankers, New York.

All the above were specifically identified as seeking by all means possible to prevent the Wanta Settlement. By contrast, investigators revealed that the Chairman of the Federal Reserve Board,
Dr Bernanke, now (as above) wants it completed without further ado.

• 13 November: The new electronic trading system, complete with its built-in facility to enable funds to be diverted off-balance sheet so that the crooks can continue to benefit from the carousel, goes operational (United States to London and/or Berlin).

• 14 November: Someone tries to hack in to the US Treasury’s computer system, as a result of which the system is completely shut down (how convenient: see below).

• 14 November: The Vatican pressurises the White House and the US Treasury to perform on the Wanta Settlement. It is reported that Hank (‘Conflict-of-Interest’) Paulson finally agrees to complete the Wanta Settlement. As will be shown, this ‘transformation’ turns out to be false, deceptive, devious, reprobate and illegal.

• 15 November: By authorisation, an associate of the Ambassador and of Michael C. Cottrell, M.S., submits a written communication to Senator Schumer of New York, in an attempt to establish communication with the US Treasury, which, like sulking school children, has steadfastly refused to communicate with the Ambassador and with Mr Cottrell – for the simple reason that they know they are in the wrong and they cannot face being given Grievous Bodily Harm of the Earhole by Michael C. Cottrell, M.S., who should himself be US Treasury Secretary.

• The only known response from Hank Conflict is the previously reported torrent of arrogant verbal oppression: ‘I control the show, I decide when and how to release the funds, if I decide to pay…’. This arrogance reflects inter alia the fact that President George W. Bush Jr,. whose motto is ‘You boys decide’, has delegated all his powers to Mr Conflict – making him not only Treasury Secretary, but the Chief Economic Adviser as well. It is foolish in the extreme for the holder of real power to delegate any of it. The only possible consequence is invariably that the recipient usurps the power of the donor – which is precisely what has happened, as this man continues along his path of destroying the international financial system.

• 16 November: Investigators notify Leo Wanta and Michael C. Cottrell, M.S., that:

• Wachovia Bank (New York) has defied three Federal Reserve Directives and one Federal Reserve Order to make the Wanta payment (and seven other payments).

• 16 November: Auditors appear at the doors of Wachovia Bank, New York, at 8.30 am and prevent it opening. The auditors examine the books from 8.30 am to 11.00 am, when the bank opens its doors, indicating that it has no money to make the payments. This is because [see below] the funds have been illegally diverted, in collusion with the Treasury, ensuring on behalf of Mr Conflict-of-Interest, former CEO of Goldman Sachs, that Goldman hangs on illegally to the real dollar cash $4.5 trillion owned by and tagged in the names of Ambassador Wanta and his Commonwealth of Virginia-based corporation, AmeriTrust Groupe, Inc.

• 16 November: Senator Schumer’s office personnel provide ‘cover-up services’ on behalf of the White House and the Treasury, stating that ‘no-one knows anything about’ the situation regarding the letter submitted to his office dated 15th November. Note: If Goldman Sachs is acting for the Government of Israel in an operation to retain the $4.5 trillion, then it would follow that Senator Schumer might be part of this conspiracy. Unfortunately for all perpetrators, it is not going to be possible for any of them to wriggle out of the trap they have built for themselves. Indeed, if these scams continue, every single perpetrator of financial crimes that can be identified, will be systematically exposed, as the scandal spreads wider and wider.

• 16 November: David ‘Wayne’ Smith, reportedly a close friend of Vice President Richard Cheney, attempts to ‘quieten down’ the situation. Too late! The network of official and co-conspiratorial corruption is being exposed in ‘real time’, much to the surprise and anger of all concerned – who have yet to learn the commonsense virtues of straightforwardness, transparency, honesty and good faith which are the globally acknowledged attributes and standards of Leo Wanta and Michael C. Cottrell, M.S.

• 16 November: A Vatican source declares that the Wanta Settlement payment will be effected on 17th November. This raises [see below] the important question as to whether the Vatican is now part of the conspiracy. If its high officials have made the grave mistake of entering into a further pact with the Devil, they will discover in the course of time (if not very shortly) that the people they are dealing with are snakes and are liable to turn on them, or to perpetrate serial frauds against them. So the Cardinals had better do some quick thinking before they find out the worst. In this connection, they should be extremely cautious of the blandishments of Dr Henry Kissinger, who is allegedly acting as an emissary for George H. W. Bush Sr. – who allegedly succeeded him as Grand Capo of Deutsche Verteidigungs Dienst (DVD), Dachau, the secret ‘Black’ Nazi Continuum which is the primary source of all the disturbances wracking the world today, and which formulates its global Pan-German strategy on the basis of the Madrid German Geopolitical Centre’s dictum that ‘For us, the war never ended’ [‘Fur uns ist der Krieg niemals vorbei’].

• 17 November: The US Treasury sends a Data Transmittal (‘Data Burst’) for the transfer and delivery of the $4.5 trillion +++ payments: US TREASURY – FEDERAL RESERVE – BANK OF AMERICA (Los Angeles) – WACHOVIA BANK (New York) – ALL ACCOUNTS.

• 17 November: WACHOVIA BANK DIRECTS THE PAYMENTS TO HSBC (Birmingham, United Kingdom), and Deutsche Bank, Berlin, via MR ROBERT ARMENTA (so-called ‘Compliance Officer’, Federal Reserve Bank of New York) and MR DONALD TRUSLOW (Wachovia, New York). This information was provided by a US Treasury Compliance Officer.

• 17 November: Chinese parties advise associates of Ambassador Wanta and Michael C. Cottrell, M.S., as follows:

1. Hank (‘Conflict-of-Interest’) Paulson had approached the Chinese authorities and the Elders with a proposal that they should accept a joint trading venture between China, the US Treasury and AmeriTrust Groupe, Inc, Leo Wanta and Michael C. Cottrell, M.S.

2. The Chinese parties, reflecting their acutely intelligent understanding of the overall situation, responded that this might be possible ONLY if Ambassador Wanta and Mr Cottrell were to agree.
Of course, this represented yet another device by the Paulson Treasury to erect a false front with a view to scamming the Ambassador. Note however that the Treasury included the Ambassador and Mr Cottrell in their proposal, even though, like school children who have stolen their friend’s dolly, they have refused to communicate directly with the Ambassador and Mr Cottrell, because they know they are in the wrong. That is daily becoming more and more of a gross understatement.

• 18 November: The Chinese authorities advise that if AmeriTrust/Leo Wanta are not paid by 12.00 Noon on Monday 20th November 2006, they will give their expert associates the full authority to make the $4.5 trillion payment directly to Ambassador Leo Wanta and contract. Underlying this stance are two crucial factors:

1: The only Americans they trust are Ambassador Wanta, with whom they had extensive dealings many years ago, and who they know to be a financial expert who can always be relied on to meet his obligations, as he always did in his past dealings with them, and his colleague Michael C. Cottrell, M.S.. By contrast, Hank (‘Conflict-of-Interest’) Paulson has lied to them several times – something that Chinese never forget. You should never, ever, lie to a Chinese.

2: The Chinese authorities are extremely concerned that the irresponsible and reckless behaviour of the Bush II authorities will lead to a universal financial and economic catastrophe, in the course of which their economy will be crucified. By making the payment direct to the Ambassador’s Securities Account with Morgan Stanley, New York, they will be assured that the taxed trading programmes which are ‘ready to go’ will generate the appropriate resources for global refunding and stability, preventing the catastrophe that is looming and may be only days or weeks away.

• 18 November: The so-called ‘Compliance Officer’ with Deutsche Bank, New York, admits that Las Vegas – where a sizeable group of criminalised intelligence operatives is based, given that in that city’s environment, they enjoy reliable cover as everyone there is a crook of some kind or another – is the ‘entry point’ for the money laundering of US dollars to ‘mirrored accounts’ at Deutsche Bank, Frankfurt and Berlin. Note: The 17th Floor of Deutsche Bank’s skyscraper in Frankfurt is an offshore centre, and therefore does not form part of the Federal Republic of Germany.

This revelation throws the spotlight on the nefarious drug-related operations of the George Bush Sr. (DVD Chief) component of the ‘Box Gang’, and shows how fiat and drug-trafficking funds are funnelled into the coffers of Deutsche Bank, which is the DVD’s primary operating institution – implementing the DVD’s long-range Nazi Continuum Global Hegemony Strategy, driven by bribery.

• 20 November: Chinese source advises (corroborated by a second reliable source) that President George W. Bush had been sharply urged during the Vietnam Summit Meeting on 18th November by the Chinese Finance Minister to effect the Wanta payment without any further tricks, shenanigans or deceptions. President Vladimir Vladimirovich Putin, who was present at the meeting, concurred. He is owed $30 billion under the Reagan Protocols, which Ambassador Leo Wanta must disburse.

* 20 November: The US Treasury now wheels out its pre-arranged alibi – which is that Wachovia is uniquely responsible for effecting the payment, since Wachovia had received, and then ‘lost’, the funds. However, the funds disbursed to Wachovia were NOT the hard cash dollar cash funds ($4.5 trillion) which remain tagged and held in the name of Ambassador Leo Wanta and his Commonwealth of Virginia-based AmeriTrust Groupe, Inc., but rather ‘shadow’ fiat funds generated by the illegal trading of Leo Wanta’s tagged $4.5 trillion. This deception was perpetrated under the watch and authority of Hank (‘Conflict-of-Interest’) Paulson, who has signature authority over the $4.5 trillion illegally held and traded by Goldman Sachs, New York. Unfortunately for Mr Conflict and all perpetrating co-conspirators concerned, this deception was unmasked by us in real time, and the conspirators were caught IN FLAGRANTE.

They have been flailing around like terrified rats in a sack ever since.

* 22 November: The US Treasury, the Federal Reserve and the White House are jointly and openly undermining the US dollar so that the EU Collective Currency and the pound sterling are artificially strengthened, collecting a large pool of US dollars offshore (in the United Kingdom, India and Malaysia), facilitating the generation of massive profits through undertaking trades that discount the value of the US dollar. Additionally:

* They are seeking to drag the United Kingdom and Switzerland into supporting the EU Collective Currency (which, because it is a collective currency controlled by no sovereign power, is actually backed by nothing), rather than the US dollar and/or their own currencies.

* This of course diminishes the value of the Chinese authorities’ $1.0 trillion reported pool of foreign exchange (dollar) reserves.

* These transactions also highlight the idiocy of most financial/economic reporting on the dollar crisis to date by ‘mainstream’ media pundits, who (a) have neglected our reports on this subject since June, (b) are having to run fast to catch up, (c) have still failed to factor in the collapse of confidence generated by the US authorities’ criminal financial operations and manoeuvres to avoid paying out the real hard dollar cash $4.5 trillion tagged and earmarked in the name of Ambassador Wanta and his corporation, and (d) are being intimidated by US Government thugs from reporting this crisis. {However the Editor now has several European ‘mainstream’ journalists who are anxious to ‘break’ the story, and will do so if they, too, are not intimidated likewise].

* 22 November: International Currency Review, Volume 31, Numbers 3 & 4, with the 24-page Supplement on the Wisconsin Taxation Gestapo Fraud, is collected by the Royal Mail from our London premises. It takes several hours to load the very large transporter sent to us for the purpose. The double issue, which consists of 480 pages, is devoted exclusively to the background to the biggest criminal financial conspiracy in the world, which the aforementioned operatives are trying in vain to cover up. It has a picture of Ambassador Leo Wanta, whom the CIA told the international financial community was long since DEAD, on the front cover.

The Supplement makes it clear, inter alia, that the Wisconsin authorities, who have never returned Ambassador Leo Wanta’s sealed diplomatic briefcase, have stolen US Treasury instruments worth $18 billion from it. Facsimiles of banking transactions that involve all the banks listed in our recent posting, are displayed in the journal.

* 24 November: An attempt is made, by a representative seeking to facilitate transactions, to get AmeriTrust Groupe, Inc. to approve and participate in a US Treasury Buy/Sell ‘off-balance sheet’ transaction with SKS, a California corporation, via Bank of America. This approach was made to Mr Cottrell not once, but TWICE.

Note: The perpetrators of these scams DO NOT, EVEN AT THIS VERY LATE STAGE, APPEAR TO HAVE COTTONED ON TO THE FACT THAT MR COTTRELL AND THE AMBASSADOR WILL NEVER COMPROMISE THEIR PRINCIPLES FOR SELF-ENRICHMENT PURPOSES.

IF MR COTTRELL HAD BEEN PREPARED TO BEND THE RULES LIKE THE REST OF THESE CLOWNS, HE WOULD LONG SINCE HAVE BEEN A TRILLIONARE. WAKE UP, USEFUL IDIOTS!

* 25 November: Another incredible proposition is made by an Arab intermediary, who was no doubt associated with George Bush Sr., to be involved, would you believe, in a vast currency exchange transaction switching $300 trillion into Euro. This would of course destroy the US dollar and would implode the EU Collective Currencyitself, which as indicated above is underpinned by zilch. The brazen effrontery of this latest approach makes it clear that the DVD is fully intent upon inflicting its coup-de-grace on the Americans, as it clearly sees this situation as its last chance to achieve its objective (stated in documents captured by the Allies after World War II) of ‘Building the Thousand-Year Reich on the Ruins of the United States’.

Under the intended global system, it would not, therefore, be the US dollar that acts as the genesis of the intended New World Order global currency, but rather a revived deutschemark, or World Mark. It is worth examining this element of the conspiracy in more detail:

The provider of US dollars under this gross transaction would be a front company operating for the Federal Reserve labelled ‘GESG’ [see: www.GESG.org] via the CIA’s captive bank, Bank of America, Los Angeles, California. The banker involved is a certain Mr Marvic. This is a Black operation of the traitorous ‘German Fifth Column’ within the CIA which, come the revolution that these people seem to be laying the groundwork for, will experience the actual harsh reality of George W. W. Bush Sr.’s reported comment: ‘If the American people knew what we had done, they would string us all up on lamp posts’. The Editor has suggested in several reports that it might not, therefore, be a bad idea to invest in the shares of a street furniture manufacturer.

Mr Cottrell informed the Editor that when the Arab intermediary put this certifiably mad proposal to him, he responded: ‘If this suggestion comes from George Bush Sr., please inform him where he should put it’. [The language used was actually more graphic, but since this is a respectable site, we refrain from further information]. The Arab, having apparently acquired the mentality of his German mentor, responded: ‘Please come back to me when you are feeling better’.

[We need hardly elaborate what colossal damage this abominably reckless Teutonic proposal, if implemented, would inflict. It would permanently destroy the US dollar and would enable the European criminalists to seize, temporarily, control of the world oil market as no-one would invoice their oil exports in dollars ever again. It shows what evil intentions DVD entertains, and why it will be urgent to ‘take out’ Dachau if things are not resolved, according to UK intelligence sources].

* 26 November: Henry (‘Conflict-of-Interest’) Paulson is reported to remain unwilling to place any relevant transaction ‘on the books’; yet it is made clear to everyone that the non-participating international banking community has lost all confidence in President Bush and Mr Conflict-of-Interest – not that this comes as any surprise, given how far these nutcases have allowed the situation to deteriorate.

* 27 November: The Vatican, acting as some kind of powerful intermediary, informs AmeriTrust Groupe, Inc, that ‘Payment will be made by 1st December 2006’ – by the Chinese parties, equipped with official authority to transfer $4.5 trillion to Wanta’s Virginia-based corporation’s Securities Account at Morgan Stanley, New York.

* 27 November: The Chinese fail to follow through with this alleged undertaking. Indeed, they stall all activity, as the US Treasury has informed them that it will effect payment by 1st December – THEIR WAY. Of course, this turns out to be nothing more than yet another stalling tactic, so the Chinese have been ‘shafted’ yet again – and lied to noch einmal by Hank (‘Conflict-of-Interest’) Paulson.

* 27 November: European bankers concur with the Vatican that payment of the Wanta Settlement will be effected by 1st December, and that if there is another deception, and payment is not made, they will begin to dump the US dollar in earnest. Payment is not made, and the dollar starts its steep, disorderly depreciation, in precise accordance with our published warning dated 2nd September 2006*.

* 28 November: Mr James R. Wilkinson, at the White House, advises associates of the Ambassador and Michael C. Cottrell, M.S., that ‘it is getting done’, with reference to the effecting of the payment. Note that this assertion is made by the White House notwithstanding the fact that Mr H. M. Conflict procured a week earlier that payment was made to Wachovia, which appears to have misdirected the funds on the basis of the pre-arranged plan coordinated by Mr Conflict-of-Interest. The rats in this rotting sack are thrashing around greedily devouring new holes in the sack and getting hemp all strung up round their throats. Specifically:

* 28 November: Direct pressure is exerted on Federal Reserve Bank Chairman Ben Bernanke and the Federal Reserve Board. But Wachovia Bank, which has alienated or ‘lost’ the ‘shadow’ $4.5 trillion +++, stalls, while the hard US dollar cash tagged and earmarked $4.5 trillion remains with Goldman Sachs. Notwithstanding this fiasco, the Federal Reserve Board again instructs Wachovia to make the payment.

* 28 November: The Chinese authorities formally advise the United States that it must settle the Wanta payment, or else China will promptly diversify its holdings.

* 28 November: It transpires that Prime Minister Tony Blair was informed of this situation via the United Nations Ambassador on 26th November.

* 29 November: By now, copies of International Currency Review have thudded onto the desks of key personnel in the main Central Banks around the world, all the main international financial institutions, Treasuries, the European Central Bank, leading intelligence agencies and international investors globally. It has also landed with a thud on the desks of the following: The President of the United States, George W. Bush Jr.; Dr Alexandra Nogawa, Bank for International Settlements; The Republican National Committee; The Office of the Prime Minister of Israel; The Hon Gordon Brown, British Chancellor the Exchequer; Senator William H. Frist, Republican Presidential Task Force; The Hon John D. Rockefeller IV; The Hon Hank (‘Conflict-of-Interest’) Paulson himself; Mr Tom Henneghan, Venice, CA; Jay Timmons, Executive Director, Republican National Task Force; The Hon Pat Roberts; Gordon Thomas, British intelligence adviser; The President of Austria; The Ambassador of the Republic of Austria to Great Britain; Senator Richard C Shelby; Senator John Warner; Senator Harry Reid; His Excellency M. Jean-Paul Levitte, Ambassador of France to the United States; Congressman Steny Hoyer; Senator John E. Sununu; Senator Paul S. Sarbanes; The Hon. Dr Condoleeza Rice, the American Secretary of State; His Excellency President Vladimir Vladimirovich Putin; First Lady Nancy Reagan; Governor Arnold Schwarzenegger of California; The Hon Robert Gates, the Nominee Secretary of Defense; The Hon Roberto Gonzales, US Attorney General; The Hon Richard Cheney, Vice President of the United States; Senator Arlen Specter; Senator Herb Kohl; Senator Chuck Hagel; Senator Chuck Grassley; Senator Richard Durbin; Senator Charles E. Schumer; Senator Joseph R. Biden, Jr.; Senator Carl Levin; Senator Joseph I. Lieberman; Thomas E Henry, Attorney-at-Law, Omaha; Steven Goodwin, Attorney-at-Law, Richmond, VA; top Bank of England officials; and intelligence officials on both sides of the Atlantic. Copies of the journal have also of course been received by subscribing Central Banks worldwide.

A further delivery of copies leaves our office in Central London this week.

* 29 November: Following global delivery of International Currency Review, which exposes the entire conspiracy to ‘take down’ Ambassador Leo Wanta and to steal the $27.5 trillion of which he is Principal, a ‘cone of silence’ descends. The journal gives extensive details, in facsimile, of a large catalogue of massive geofinancial transactions for which Leo Emil Wanta was responsible before his ‘takedown’, thereby revealing which international banks have been illegally using the funds, now worth about $75 trillion.

* 29 November: Unreported in the somnolent ‘mainstream’ media, the Government of Iraq told President George W. Bush in Amman to ‘get out of Iraq’ within 90 days, that is to say, by the end
of February 2007. Following this shock, the US delegation packed their bags and left early. All ‘mainstream’ reporting on this matter has been largely misleading. Note: This setback comes
as an extreme blow to President Bush, since the Iraqi misadventure was a bank robbery – and the ‘black hole’ of Iraq has continued, as under Saddam Hussein, to be used to HIDE ILLEGALLY PROCURED AND UNTAXED FUNDS, WHICH WILL HAVE TO FIND ANOTHER HIDEY-HOLE WHEN THE AMERICANS LEAVE IN THE FIRST QUARTER OF 2007.

* 30 November: Although it has been known that Dr Henry Kissinger, with his guttural German accent, has been ‘advising’ the Vatican for some time, this curious fact becomes ‘hard copy’ in late November, following its confirmation in a US Catholic newspaper. So here we have a DVD operative talking, perhaps, to another DVD operative. Has the Vatican made yet another pact with the Devil? As suggested above, the Cardinals need to think quickly and clearly about this one.

When George Bush Sr. was ordered out of Spain as a consequence of our earlier exposures  – 
and told by the Bank of Spain to ‘get out and take your dirty money with you’ – George H. W. Bush Sr.’s ‘people’ appealed to the Vatican. They have to have reliable counterparties to ‘play with’,
see. The Cardinals should ponder whether their new playmates can be trusted, or whether they are snakes that will turn round and bite them, having of course scammed them dry first. This is indeed what will happen: so the Vatican will be dragged into the vortex of calamity that is looming – due to its greed and willingness to ‘do business’ with these criminal gangs, as of old under ‘Bishop’ Marcinkus, the Chicago gangster dressed up in ecclesiastical garb.

[NOTE: On 4th December, Catholic News Service issued a report headed 'Vatican spokesman says Pope did not ask Kissinger to be his adviser'. Quite so! Kissinger barged in on the Vatican! The report noted that 'A New York-based correspondent from the Italian newspaper 'La Stampa' wrote November 4 that Kissinger had told "an important member of the Italian Government" of the papal offer and that a "diplomatic source" at the Vatican had confirmed that "an important dialogue is under way between the Pope and Kissinger"'. It is also known that Mary Ann Glendon, a US law professor and President of the Pontifical Academy of Social Sciences, has invited Kissinger to speak to the academy at the Vatican in late April. Jesus Christ dined openly with publicans and sinners, because he said that he was not come to save the righteous, but rather 'the lost sheep
of Israel'. Whether the particular lost sheep of Israel, the alleged DVD operative Henry ('Henny') Kissinger, has anything appropriate to teach the Pontifical Academy seems most doubtful. In the meantime, he will no doubt have been attempting to 'teach' the German Pope about the 'necessity' to authorise the Vatican Bank to conduct illegal fiat 'funny money' transactions with his associate,
alleged DVD Chief, George H. W. Bush Sr., for whom he is reliably reputed to act as 'mentor'.].

* 30 November: The Editor of this service approaches the UK Treasury and asks for an interview with the Principal Private Secretary to the Chancellor of the Exchequer. Voices at the other end say ‘Yes Christopher, we’ll get back to you’. Nothing at all happens, even though Gordon Brown, an operative himself, knows Ambassador Leo Wanta of old. This implies that the United Kingdom is up to its own neck in this financial criminality, which is indeed known to be the case in certain quarters.

* 30 November: European banking sources confirm that their new electronic banking system (software and hardware) will be activated by 5th or 6th December, providing for transparency. By contrast, as indicated, the new US securities trading system is explicitly provided with the means
to transfer funds off-balance-sheet. This is consistent, of course, with Mr Conflict-of-Interest’s new campaign to replace the existing (porous) ‘rules-based’ system, with a new so-called ‘principles-based’ system specifically designed to provide an India-rubber environment conducive to enabling these financial scamsters to avoid being indicted and locked up in jail for life. If Ambassador Wanta can be mercilessly slammed into jail for an intended 22 years on trumped-up, false tax charges for an illegally raised $14,129 that he arranged to be paid three times, and which was never credited
by the Wisconsin tax authorities, no doubt the serial perpetrators of these financial crimes can reasonably expect to receive lifetime sentences, which is what they deserve. They are of course relying on the usual self-serving corruption among the judiciary to spare them that fate.

* 30 November: NO PAYMENT.

* 01 December: NO PAYMENT.

* 03 December: In a conference call, Ambassador Leo Emil Wanta and Michael C. Cottrell, M.S.,
are informed that an investigator who possesses the documentation that is associated with the Treasury’s ‘data burst’ on 17th November [see above], which supposedly contains details of what was to happen to the purported payments, was suddenly visited by US Secret Service agents (operating for the Treasury), and was instructed not to release the documents to the Ambassador and Michael C. Cottrell, M.S. The instruction allegedly came from Mr James R. Wilkinson in the White House. Technically, the Secret Service has been merged into the Department of Homeland Security (a.k.a. the Soviet-style Ministry of State Security, which is something of a shambles), but Secret Service agents still, in practice, take their instructions from the White House. The rationale given for this clumsy intervention was that making the ‘data burst’ instructions available to the Treasurer of AmeriTrust Groupe, Inc., would be contrary to the national interest.

DID THE U.S. TREASURY’S INSTRUCTIONS ACTUALLY PROVIDE FOR THE WANTA PAYMENT TO BE MADE, OR DID THEY BY ANY CHANCE CORRUPTLY AUTHORISE ITS DIVERSION?

[YES THEY DID! SEE ABOVE...].

In reality, fulfilment of the Wanta Settlement is so overwhelmingly in the US national interest, and in the interest of the whole world, that nothing else matters. The Secret Service agents’ intervention gives rise to the following considerations:

1. Did the Treasury’s data burst instructions ACTUALLY contain instructions to pay the $4.5 trillion to AmeriTrust/Wanta’s Securities Account with Morgan Stanley in New York, OR did it contain deviant instructions for the ‘shadow’ fiat $4.5 trillion+++ (or whatever total was payable) to be disbursed and then alienated to other parties, WHICH IS WHY THE SECRET SERVICE HAS INTERVENED TO PREVENT THE DOCUMENTS BEING REVEALED TO THE AMBASSADOR AND MR COTTRELL?

2. After all, if the ‘data burst’ instructions were indeed concerned with payment of the Settlement, what is preventing the Treasury releasing them, since they claimed that they had fulfilled their obligations towards the Ambassador?

3. Manifestly, if the Treasury’s ‘data burst’ instructions directed Wachovia Bank to pay the funds to OTHER PARTIES, the US Treasury has AGAIN been caught IN FLAGRANTE, lying to all concerned that official instructions were given to pay the Wanta Settlement while in fact making arrangements for the funds in question to be DIVERTED AND STOLEN.

4. If this turns out to be the case, we have a corruption crisis literally with no historical precedent, which could bring down the Bush Jr. Administration.

5. Remember that this further fraud has taken place ‘within’ the outer fraud whereby Goldman Sachs retains custody of the hard dollar cash $4.5 trillion, in an apparent conspiracy with Henry (‘Conflict-of-Interest’) Paulson, who has signatory power over that account.

IT IS NOW PLAINLY THE DUTY OF THE U.S. TREASURY TO REFUTE THE ABOVE POSSIBILITY.

IF THE ‘DATA BURST’ INSTRUCTIONS REFERRED TO WANTA’S PAYMENT, LET IT NOW CONFIRM THIS BY AUTHORISING THE RELEASE OF THE RELEVANT ‘DATA BURST’ INFORMATION TO THE AMBASSADOR AND MICHAEL C. COTTRELL, M.S. , WITHOUT FURTHER OBFUSCATION OR DELAY.

BEAR IN MIND THAT THE TREASURY HAS ADOPTED THE STANCE THAT IT HAS FULFILLED ITS OBLIGATIONS CONCERNING THE WANTA SETTLEMENT AND THAT IT IS A MATTER FOR WACHOVIA TO ADDRESS.

In the event that the Treasury instructed Wachovia Bank to disburse the ‘shadow’ $4.5 trillion other than in accordance with its stance that it has fulfilled its obligations towards the Wanta Settlement, the Treasury has been caught in the following scams:

* Conspiring to divert the ‘shadow’ $4.5 trillion illegally, WHILE:

* Deceiving relevant parties into believing that it has fulfilled its obligations with regard to the Wanta Settlement, when this is not the case.

* Employing its Secret Service to prevent exposure of its corrupt behaviour and lies, on the ground that conveying the ‘data burst’ instructions to the Ambassador and his treasurer would be against the national interest, WHEN:

* The whole world and its dog knows that fulfilment of the Wanta Settlement and the ending of this crisis is not only in the US national interest, but in that of the whole of humanity.

* Committing treason against the United States as well as breaking all the laws detailed in our earlier reports.

* Also: was the ‘computer glitch’ that was used as the pretext for the closure of the Treasury’s system shortly before this corrupt payout, actually a device to enable computer programmers to fiddle the payout instructions to perpetrate this fraud?

LET MR CONFLICT-OF-INTEREST EXPLAIN WHY IT WAS NECESSARY FOR THE SECRET SERVICE TO INTERVENE IN ORDER TO PREVENT MR MICHAEL C. COTTRELL, M.S., SEEING THE ‘DATA BURST’ INSTRUCTIONS, IF THESE INSTRUCTIONS IN FACT PROVIDED FOR THE WANTA SETTLEMENT.

IF, HOWEVER, AS WE SUSPECT, THE ‘DATA BURST’ INSTRUCTIONS IN REALITY DIVERTED THE ‘SHADOW’ $4.5 TRILLION AND WERE NOT – CONTRARY TO THE STANCE OF THE TREASURY AND THE FEDERAL RESERVE – INTENDED TO EFFECT THE WANTA SETTLEMENT, LET HENRY M. (‘CONFLICT-OF-INTEREST’) PAULSON NOW EXPLAIN TO THE WHOLE WORLD WHY THE U.S. TREASURY AND THE FEDERAL RESERVE LED PARTIES TO BELIEVE THAT THE ‘DATA BURST’ INSTRUCTIONS GAVE AUTHORITY FOR THE WANTA SETTLEMENT – WHEN IN FACT THE FUNDS WERE BEING DIVERTED, AS WAS REVEALED BY THE TREASURY’S OWN COMPLIANCE OFFICER.

Mr Henry M. (‘Conflict-of-Interest’) Paulson: Your job, your whole future, the survival of the Bush II Administration, and the tarnished reputation of the entire US Federal Government and the Federal Reserve, depend on you clarifying this situation without telling any more lies.

If you do confirm that the ‘data burst’ instructions were intended to implement the Wanta Settlement, what have you to hide? If it later turns out that you have again lied, no doubt you will receive the appropriate come-uppance.

If the ‘data burst’ instructions did indeed order the funds to be illegally diverted elsewhere, your best bet will be to ‘come clean’ NOW – before the situation careers completely beyond any hope of control, and the imminent worst case scenario of a hyperinflationary runaway global financial crisis sweeps Mr Bush II and his Administration into oblivion – and you, Mr Conflict-of-Interest, into jail.

V.K. DURHAM WRITES TO BUSH SUPPORTING WANTA SETTLEMENT
On 1st December, V. K. Durham, with deep US intelligence community connections, echoing complaints posted on this website, wrote as follows to President George W. Bush Jr., Henry M. Paulson, Secretary of the Treasury, US House Members and the Chairman of the US Senate Banking Committee, Charles E. Grassley:

Regarding: Obstruction of Executive Order, i.e. President Ronald Reagan to Ambassador Leo Wanta and subsequent Order of the Court to release funds; Interference with said Order of the Court; Non-Compliance with Order of the Court; and: Regarding US Debt, unauthorised derivatives and current US banking, financing and economic loss of credibility and support among the world community:

Mr President: This nation has lost all credibility along with her international Good Faith and Credit, and is currently standing on the brink of banking, financing and economic collapse due to ongoing criminalities by those representing this nation.

The Courts have ordered Ambassador Leo Wanta’s money to be released and paid immediately… Unfortunately, Mr President, Ambassador Wanta’s monies remain ‘hostage’ and ‘held up’, aside from being ‘non-paid’ in violation of said Court Order.

Considering [that] James Banker III has been called back to ‘straighten’ out some of these irregularities, involving highly suspect, and unauthorised (by the owner-holder) banking, financing and economics ‘derivative’ transactions…, and Russia, China, Malaysia, Indonesia, Germany, France, and other ‘victim’ nations… have brought this to your attention recently: have you considered authorising the release of Ambassador Wanta’s monies… for the betterment of the nation and all concerned?

Mr President, as you are fully aware, I have supported the Constitutional Office of the President very strongly… and shall continue to do so in the future. However, Mr President, this nation is currently IN HARM’S WAY…, and, as the duly constituted outstanding, primary creditor of the United States of America and ALL debtor nations, might I suggest [that] you use your Powers of Office as the President of the United States… and ‘order’ the release of Ambassador Wanta’s funds?

In furtherance: You are aware of the amount [that] Ambassador Wanta has agreed to pay back to the Treasury’s Internal Revenue Service [the initial windfall tax amount of $1.6 trillion, which will be ON-BALANCE SHEET]. This will benefit the nation greatly, plus, it would benefit the international ‘opinion’ of this nation, and possibly go a long way in restoring the CREDIBILITY of the United States of America.

It is hopeful, Mr President, [that] you will see the wisdom behind allowing Ambassador Wanta’s monies [to be] freed up… to ‘inject’ legitimate money back to the Treasury.

By the way, Mr President: What happened to the $6.5 trillion dollar ‘U.S. and Latin American debt swap/debt conversion payment [remitted by] this Durham Holding Trust, Tias 12087, which was paid in GOLD COLLATERAL, paying the US and Latin American debts back in May 2003?

Regards,

V.K. Durham, C.E.O (4).


Notes:
The article dated 2nd September warning of this crisis is appended below these notes. It may also be accessed via our ARCHIVE button on www.worldreports.org.

(1). The 24-page Supplement published with International Currency Review, Volume 31, # 3-4, distributed worldwide on 22nd November, displays, in a step-by-step manner, and with the help of diagrammatic captions, the relevant tax documents proving the perpetration by the Wisconsin Department of Revenue, of grossly oppressive, unjust, inaccurate, and arbitrary tax demands and tax collection practices against Ambassador Leo Wanta. To cite the most abominable of these malpractices, the Department issued a Delinquent Tax Warrant, which it subsequently divided into two, with the SAME DTW number, accepting certified Court Satisfaction of the (illegally charged) amount of $14,129, paid under protest in 1992, while at the same time, perpetuating the newly created component for the same amount. This represents just about the most abusive form of illegal tax oppression imaginable. Further, the illegally charged amount of $14,129 was PAID TWICE UNDER PROTEST from Singapore, where Leo Wanta was working at the time on sensitive US Government intelligence investigations, having worked abroad and being therefore non-resident in the State of Wisconsin, since 1985. In July 2005, the same amount, plus interest (representing the ‘continuation’ of the previously ‘satisfied’ amount, after the DTW had been divided in two, like an amoeba), was paid a third time, following which the Ambassador was released from all illegal restrictions with effect from 14th November 2006. On 2nd November 2006, Ambassador Wanta received a demand from the reprobate Wisconsin Department of Revenue demanding $43,304.42. In a breakdown accompanying this illegal demand, the figure of $14,129 was displayed – this being the same $14,129 that was paid in May 1992, June 1992, and July 2005.

Given that the CIA had spread the lie that Leo had been DEAD FOR MANY YEARS, one can imagine the shock that reverberated throughout the international banking and intelligence communities, when he suddenly ceased to be dead with effect from July 2005. In the wake of this huge shock, the US authorities negotiated a compromise Settlement with Wanta worth $4.5 trillion, given that, failing this payment, he remains Principal of the original $27.5 trillion (now worth around $75 trillion) raised from 200+ banks following his Financial Warfare operation to destabilise the Soviet Union, which he implemented from Vienna on President Reagan’s instructions.

The compromise Settlement aimed to get the banks off the book, since the $27.5 trillion has been illegally collateralised, misdirected, hypothecated and misused without the Ambassador’s permission, since July 1992. Under the Wanta Settlement, a veil would be drawn over the fact that the banks have stolen these funds. Absent the Settlement, the entire $27.5 trillion (now $75 trillion), is callable by the Ambassador.

In April-June 2006, the $4.5 trillion of REAL CASH DOLLARS was brought across the exchanges, and was tagged and earmarked in the name of Ambassador Leo Emil Wanta and his Commonwealth of Virginia-based corporation, AmeriTrust Groupe, Inc.. While en route to the St Petersburg Summit in July, President George W. Bush ordered the funds not to be paid out, and they remain tagged and earmarked in an account with Goldman Sachs, New York, from where they have been traded and replicated illegally, without the owner’s permission, many times over. The Treasury Secretary, Hank M Paulson, is the former CEO of Goldman Sachs, and has signature authority over the Ambassador’s real cash funds – representing the Grandfather of all Conflicts of Interest, which is why we call him Hank (‘Conflict-of-Interest’) Paulson.

(2). Astonishingly, there are still some people ‘out there’ who raise red herrings and irrelevant issues arising from the Ambassador’s confinement (which was originally intended as a 22-year jail sentence) in the State of Wisconsin. For instance, one commentator was advised by the Editor of this service to cease and desist from asserting that the Ambassador was released from jail in 2005. Leo was not: he was released from all restrictions and house arrest in November 2005, after the third illegal amount had been settled. Notwithstanding that the Editor of this service had to correct the commentator on this score, he nevertheless continued to repeat the disinformation that the Ambassador was released from jail in July 2005. Having been authoritatively informed of the truth, the disinformation became a typically abusive intelligence lie, when repeated after the point had been corrected.

Likewise, there are still some ill-informed people who persist in developing polemical arguments around incomplete or inaccurate information on the Wisconsin dimension. As indicated, the Editor has produced a 24-page Supplement which comprehensively demolishes all lies and disinformation concerning the Wisconsin State tax authorities’ participation, on Clinton White House instructions, in the ‘takedown’ of Ambassador Wanta. Anyone who embarks on inaccurate arguments based upon false or deviant ‘information’ on this subject, is liable to make a fool of himself. Rather than risk this, you may purchase a copy of the special 24-page Supplement for US$50, which must be paid by Visa or Mastercard. We are a commercial organisation and so cannot distribute materials for free, with certain exceptions (not applicable to this offer).

To find out the truth, rather than waste time barking up the wrong tree, please use the CONTACT US facility on our website www.worldreports.org, to provide us with the necessary information so that we can mail you a copy of this work. It demolishes all the CIA’s stale lies on the subject.

(3). The Ambassador’s sealed diplomatic briefcase, which contained 18 high-value US Treasury instruments, and was subjected to a search in Wisconsin, has never been returned to him. A ‘Return of Search Warrant’ prepared and signed by a Dennis M. Mengelt, Special Agent, Division of Criminal Investigation, Wisconsin Department of ‘Justice’, and dated 11th March 1994, lists the contents of the briefcase but OMITS any reference to the 18 high-value US Treasury instruments, worth $18 billion. (It is illustrated on page one of the Supplement). The reason that the briefcase has never been returned to the Ambassador is that the Wisconsin authorities cannot do so without ensuring that the briefcase contains the 18 high-value US Treasury instruments, which have been stolen for collateralisation and hypothecation purposes.

(4). The Editor is not briefed about the matter raised by V. K. Durham in her final paragraph. However he is reliably advised that her claims (unlike those of many renegade parties) are valid, and has respect for her inclusion of this matter here.

Ambassador Leo Emil Wanta: Diplomatic Passport Numbers 04362 & 12535 a.k.a. Frank B. Ingram [FBI] (Sector V) SA32NV; and a.k.a. Rick Reynolds, SA233MS. AmeriTrust Groupe, Inc: Federal EIN Number 20-3866855; Virginia State Corporation Identification Number: 0617454-4; Virginia State Department of Taxation Identification Number: 30203866855F001.

International Currency Review Volume 31, Numbers 3 & 4 was published worldwide on 22nd November 2006 and should have arrived in all parts of the globe by now. We have had confirmations that the special double issue was received – from the Reserve Bank of India, and from all parts of the United States, Canada, the UK and Europe. Also enclosed with the new journal was the 24-page Supplement mentioned above – illustrating, with tax documents, how the Wisconsin State Department of Revenue abused their powers and committed gross tax fraud against Ambassador Leo Wanta, in order to sustain the illegal and orchestrated 'takedown' of this great American financial genius and patriot so that the criminal gangs inside the US official structures could steal the $27.5 trillion (now worth perhaps $75 trillion) while he was 'out of the way' for 22 years. No other publication in the world has had the guts to cover this incredible story, which masks the worst financial crisis in world history.

Subscriptions may be entered from this website: Press Serials, SUBSCRIBE and then go through the very simple procedure, which is ultra-safe, because we have to use THREE codes to access Credit Card data.

Article posted on 2nd September 2006 warning of this $ crisis:

THE WANTA PLAN: HOW IT WILL TRANSFORM AMERICA'S FUTURE
A SOBERING MACROFINANCIAL AND ECONOMIC CHECK LIST

By Christopher Story, Editor and Publisher, International Currency Review.
World Reports Limited, London and New York: www.worldreports.org
PART ONE OF NEW INTERNET POSTINGS DATED 2ND SEPTEMBER 2006
For Part 2, see Archive Button or the main 'Click Here' report on Home Page.
Part 2 is entitled: NEW: WANTA CRISIS UPDATE + NEW INTELLIGENCE
GEOPOLITICAL INSIGHTS + LEO'S [EARLY] U.S. GULAG SUFFERINGS


The following Notes contrast the truly massive long-term and immediate benefits of implementation of The Wanta Plan, with the likely catastrophic consequences of the US authorities' cynical game-playing and bad faith by delaying/reneging on the accord:

THE MASSIVE BENEFITS OF IMPLEMENTING THE WANTA PLAN:
Prompt implementation of The Wanta Plan Settlement will have the following minimum consequences:

* The United States Government's finances will be transformed within a matter of no more than a few years. Within a decade or less, depending on how the incoming windfall tax accruals are allocated, the US Federal Government will have paid down its 'background' debt.

* Banks in the United States and abroad which are currently teetering on the brink of insolvency due to the severe financial knock-on effects of the US authorities' duplicity in failing to fulfil their solemn undertakings and obligations concerning the Wanta Plan, will not go to the wall, after all.

Under The Wanta Plan, transactions blocked due to the behaviour of the White House, the US Federal Reserve and their co-conspirators in the international and domestic financial communities, will be released and the pressure on the several banks that currently face bankruptcy, will unwind.

* The $4.5 trillion Settlement with Ambassador Leo E. Wanta represents a
compromise, which leaves the remaining original $23+ trillion, now worth about $58.5 trillion, uncollected  –  and lets the co-conspiratorial institutions in Europe and elsewhere that have long since assumed these funds to be uncollectible and usable as collateral for their own purposes, off the hook.

Under The Wanta Plan, these funds will not be collected and the corrupt
banks can heave a belated sigh of relief that they will not be held to
account, and their executives will not be arrested, after all. There will
cease to be any further need for bankers fearing exposure to jump out
of their high-rise office or city apartment windows any more.

* Therefore, in the banking sector, EVERYONE WINS  –  which is why
foreign bankers are clicking their heels in New York waiting to know why these long-sanctioned arrangements have not been finalised. It also explains why they are all lined up waiting to do above-board, taxable, on-balance sheet financing business with Ambassador Leo Wanta and Michael C. , M.s., whose financial record, experience and expertise is unrivalled and whose joint and individual reputations for integrity are genuinely appreciated worldwide by the powerful parties that matter. These INCLUDE the Chinese, the Russians, the French, the British and all the foreign partners of importance who have recognised the significance and benefits of The Wanta Plan.

* The Republican Party  –  which actually deserves what will befall it if The
Wanta Plan is not executed  –  will gain a sudden new lease of life, because
it will become free to offer the jaded electorate whatever bribes it fancies, starting with the abolition of the much loathed Inheritance (or 'death') Tax, reductions in Income and in Corporation Tax, and whatever further electoral inducements may be considered appropriate, given that a fresh Government will be in a far better overall financial position than its predecessors.

This assumes that the Republicans are not relying exclusively on rigging the election using the vote-tampering methods available to US political parties due to electronic voting and the vulnerability of the equipment and software to unscrupulous interference, such as occurred during the General Election in 2004. (It is possible that the cynical and jaded GOP may be so confident of its ability to rig all elections electronically that it prefers the comforts of the prevailing off-balance sheet, tax-free corruption self-enrichment system to the above-board benefits that will accrue from implementing The Wanta Plan as agreed but so far deceitfully reneged upon).

* The deficit-financing model will become obsolete. It has hobbled the
United States with ever more onerous taxation burdens which, left
'untreated' by the beneficial consequences of The Wanta Plan, will reach
insupportable and intolerable levels within the lifetimes of current working US taxpayers, whose prospects are becoming progressively gloomier.

* The US Treasury will cease to be controlled by the Federal Reserve, which is the situation at present, since the CHIPs are controlled by the Federal Reserve Bank of New York (FRBNY). Of course the Treasury should be in control of the Fed, not the other way round. And since the Fed is largely owned by foreigners, this state of affairs actually means that the Treasury is de facto controlled by foreign interests, as well. This scandal should be anathema to all Americans.

* The US Treasury will resume its ascendancy as the primary financial
institution in the United States, and the most powerful one in the world.
Its 'need' for the Federal Reserve will dwindle to vanishing point; hence:

* The corrupt Federal Reserve can be nationalised, converted into a central bank under the control of the US Treasury with appropriate independent policymaking safeguards, or abolished. There is massive resistance to this of course; but these are the objective facts of the matter. Alternatively, US policymakers can simply opt to leave things as they are, which would be unwise: but it's up to them.

* Infrastructure projects financed by financial flows arising from The Wanta Plan can be embarked upon without creating any new debt, as is currently intended, and from taxation revenues. The rotting infrastructure of the United States can thereby be renewed in the space of less than a decade.

* A properly funded back-stop welfare system can be devised to ensure
essential living standards for all without incurring debt obligations.

* Economic stimulation can be achieved, if necessary, in a sound and
balanced manner, free of debt creation.

* Because over time the US dollar will be strengthened, the permissive
deterioration of the US balance-of-payments that has become so notorious under the Bush II Administration, continues. But under The Wanta Plan, domestic manufacturing and prosperity gathers such positive, sustainable momentum, that the United States' dependence on foreign sourcing can be sharply reduced over time by import substitution (as is routinely prescribed for struggling Third World countries by the International Monetary Fund). Further, although US external deficits certainly need to be curbed, their significance as a source of instability is reduced because the beneficial on-budget, on-balance sheet self-financing of the US Treasury's operations has reversed the deadening impact of endless deficit financing, which has become obsolete, so that the overall Federal Budget is constantly improving.

This is because:

* The Wanta Plan harnesses legal dimensions of the fiat money system for
the benefit of the US Federal Budget. By contrast, the prevailing corrupt,
exotic off-budget, off-balance sheet tax-evasive arrangements are guaranteed progressively to destroy the residual integrity of the US dollar and of both the USD and the international financial systems, while also depriving the Treasury of vast tax accruals  –  a reality to which the perpetrators of these serial financial crimes are blinded only by their own stupendous greed.

* The stranglehold and power of financial institutions that have grown
fat on a full century of US official deficit-financing short-termism will be
diminished and ultimately broken.

Thus the interests of the big financial institutions diverge from those of
the US Federal Government (if it were to be directed by honourable people, which is not the case)  –  with the parasite financial institutions flourishing by selling and managing the US Treasury's vast and burgeoning indebtedness, which is constantly expanding for arithmetical reasons and because corrupt politicians are interested only in short-term electoral considerations.

It is from this sector that the real underlying opposition to The Wanta Plan
stems; for, in order to retain their privileged official debt-management
franchise, the big financial institutions routinely co-conspire with corrupt
office-holders and officials to devise exotic off-balance sheet self-enrichment mechanisms. This fickle community of interests between the finance houses and the corrupt office-holders and officials contrasts with the divergence of interests between the finance houses and the Government sector itself, which would apply if the Federal and lesser governments and their agencies were not perpetually in the hands of corrupt operatives and officials.

THE GRIM CONSEQUENCES OF ABORTING THE WANTA PLAN:
Not implementing The Wanta Plan will have the consequences indicated below, among many others. The primary assumption underlying what follows is that a wholly irrational and by now shambolic, terminal free-for-all has developed in which the myriad competing parties seek their own advantage, without regard for the broader consequences  –  or if they have any regard for them, place them on one side while they cynically pursue their own interests first.

This was the prospect at the beginning of September 2006, on the assumption that, as a result of the Chinese having AGAIN been deceived, double-crossed and lied to by the US Treasury, they take the drastic action indicated.

So the following Notes, which summarise the 'worst case scenario' arising
from any non-settlement of The Wanta Plan which must be paid out with the China payments, assume that the Chinese (both components) will have been double-crossed by the US Government again on 7th September, with the funds that are due to them on that date remaining, as usual, diverted and unpaid:

* To begin with, the entire mass of the international financial community
knows about this crisis  –  and that the American authorities have just lied,
double-crossed and deceived from the outset, that the Full Faith and Credit of the United States and the Rule of Law in America have collapsed, and that Bush II Administration officials are behaving like a bunch of arrogant Chicago gangsters who believe that because the intimidated 'mainstream' media have failed to pick this story up, they are protected from the consequences of their serial criminality and duplicity.

* Therefore, the consequences of blocking The Wanta Plan itemised below are NOT dependent, as the White House may have presumed, upon the continued suppression of this crisis by the controlled US and UK 'mainstream' media. On the contrary, the 'mainstream' media, which is being constantly updated on the crisis, is liable to be caught off-balance by the devastating global consequences of the Bush II White House continuing to block this beneficial Settlement. Put another way, 'they won't know what has hit them', and they will have to scramble to catch up.

* Institutions in the United States and abroad which are currently teetering on the brink of insolvency due to the severe financial knock-on effects of the US authorities' duplicity in failing to implement their undertakings and obligations concerning the Wanta Plan, will go to the wall. To the extent that these institutions are enmeshed in financial operations using Leo Wanta's funds or CHIPS credit, he will have a lien on their assets and will be entitled to lodge appropriate claims in the courts.

* Deceived just once too often by the duplicitous US officials, both the
Communist and the Taiwanese Chinese  –  who are now, due to US official
ineptitude, working together  –  order all payments via the Clearing House
Interbank Payment System (CHIPS) in New York to cease (on 14th August, one of the Chinese parties had already cancelled all its CHIPS payments, having earlier threatened to do so).

* The Communist Chinese increase the volume of oil traded in currencies
other than the US dollar, following reports from New Delhi and elsewhere in late August that such transactions had already started. With the failure of scheduled payments by the American authorities, implying clearly that the US dollar payments system has ceased to function and cannot be relied upon, the Chinese Communists decide that they have nothing to lose by switching from the US dollar for oil payments to other currencies.

* The Chang-Kai Shek (Taiwanese) Chinese, who have likewise been deceived, throw all caution to the winds, and follow suit, in a chaotic, irrational environment in which their former enemies in Peking are now their friends and the United States has become their implacable enemy (a development with momentous regional political repercussions, of course).

* Since President Putin has not been paid the $30 billion he is owed by
Ambassador Wanta under the Reagan Protocols, and has likewise been
deceived, he coordinates oil-trading policy with the Chinese and agrees to accept currencies other than the US dollar in exchange for exported Russian energy products. This relaxation is soon applied to all Russian oil and gas exports, which the Europeans now start to pay for in the EU Collective Currency and pounds sterling.

* The rest of the Trilaterals (Germany/France, Japan and probably Italy
and Spain) progressively abandon the dollar standard and start buying
and selling energy products using currencies other than the US dollar.

* The US dollar collapses by 50% or more. Since other key currencies are
now in greater demand, because they are needed for oil payments purposes, their massive appreciations reflecting the US dollar's steep devaluation are, if anything, exacerbated further, given this sudden new demand.

* Since many US imports, including of course oil, continue to be in demand domestically, US price inflation escalates sharply, followed by interest rates. Indeed interest rates chase inflation upwards.

* The US housing sector, already in implosion mode, shifts into free-fall,
housing starts collapse, and large swathes of the US economy follow
downwards into unknown territory.

* Unemployment rises steeply, placing added burdens on the welfare
sector which have further cumulative adverse financial consequences.

* Although the countries and blocs that have experienced steep appreciations in terms of the US dollar can continue for a time to trade reasonably satisfactorily between themselves, they all encounter increased competition from dirt-cheap American exports, which now assume the characteristics hitherto associated with the Chinese 'junk' that the United States has been ravenously importing from the 60,000+ factories that Western firms have established in China.

* The steep devaluation of the US dollar boosts US exports over time, in
due course bringing about sharp reductions and then the disappearance
of the country's $1 trillion annual trade deficit. This process, however,
is subject to the so-called J-curve effect, whereby the US trade deficit
worsens sharply to begin with, given that essential imports in the pipeline
cannot be cancelled and still have to be paid for with steeply devalued
dollars. It is only when these overhang transactions have been unwound,
which can take years, depending on the volume of forward import contracts placed, that the beneficial effects of the dollar's massive devaluation start to rebalance the country's external accounts.

The deficit on the current account takes longer to eliminate because the
outstanding debt continues to exist and has to be paid off with steeply
devalued dollars when surpluses appear on the balance-of-payments, which again may take several years. The immediate impact of the steep devaluation is therefore greatly to exacerbate the US domestic recession or depression brought about by the other adverse knock-on effects mentioned.

* Within a short space of time, Western economies, in particular, find that
their exports cannot compete, and their steep currency appreciations, while curbing inflation and probably delivering price deflation over time, leave exporting companies unable to compete, forced to lay off staff or to close down altogether because their overall operations have become loss-making or uneconomic. There will be much blood on corporate boardroom carpets.

* The US and all other stock markets experience a slump with no historical
precedent, which triggers bankruptcies throughout the business and personal sectors, throwing very large numbers of families into distress and inducing a sharp jump in the suicide statistics both in the United States and abroad. Foreclosures escalate, as do factory and corporate closures and failures.

* The stock market slump and knock-on consequences in related financial
markets spread like a malicious contagion worldwide, with unpredictable
outcomes universally conducive to an initial global slump.

* As reiterated above, the $4.5 trillion Settlement with Ambassador Leo Wanta represented a compromise, which would have left the remaining original $23+trillion, now worth about $58.5 trillion, uncollected  –  and would have let the co-conspiratorial banks in Europe, Israel and elsewhere that have long since assumed these resources to be uncollectible and therefore usable as collateral for their own purposes, off the hook. But since The Wanta Plan has not been implemented, the entire original $27.5 trillion (now worth about $70+ trillion) is collectable; and since so much of this money has been stolen, Ambassador Leo Wanta will wind up owning a sizeable number of large financial institutions, if the funds are not disgorged as will be required. Alternatively, sizeable banks will go to the wall, and their supervisory central banks will be obliged to pay Wanta what these banks owe him, to authorise control to be passed to Leo Wanta, or else to nationalise the banks in question.

* Chaotic currency realignments proliferate. If one underlying globalist
intention had been to exploit this developing crisis to 'call for' a world
currency, this project, like all such globalist forward planning and
conspiracies, turns out to be a monumental failure.

Instead, what has been achieved is that:

* The world currency, financial and trading systems rapidly disintegrate,
leading to the worldwide imposition of foreign trade tariffs and to a parallel ferocious, no-holds-barred, ruthless scramble for global energy resources that is far more intense than the current scramble, with extreme dangers for humanity.

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December 7, 2006 in Current Affairs | Permalink | Comments (0) | TrackBack

Bank Fraudsters Lose Trillians Via Artificial Naked Short Against US Dollar

SR. LOSES TRILLIONS IN NAKED SHORT MELTDOWN

HIGH-LEVEL CRIMINALS CREATE IMMINENT CATASTROPHE

Thursday 7 December 2006 14:39

TRILLIONS LOST IN ARTIFICIAL NAKED SHORT AGAINST USD

SCAMSTERS LOSE THEIR SHIRTS TRYING TO AVOID PAYING WANTA

By Christopher Story FRSA, Editor and Publisher, International Currency Review, World Reports Limited, London and New York: www.worldreports.org. Press the ARCHIVE Button on the Home Page for Wanta Crisis reports since June 2006.

PRELIMINARY NOTE:
Our 3rd December posting was severely truncated at about 11.00pm UK time on 5th December
by NSA/CIA/Department of Homeland Security. The text of the ‘diary’ section from November 20th onwards was removed. The Editor restored the text in the middle of the night, and then added appropriately critical comments. Please revisit the posting dated 3rd December as it is directly relevant to what follows. In addition to interfering with our posting dated 3rd December, the above parties REMOVED the entire text of our posting dated 2nd September 2006 entitled: ‘NEW: HUGE GLOBAL BENEFITS OF THE WANTA PLAN’.

This posting contained predictions of the ‘win-win’ benefits of the Wanta Plan, as well as a summary of the extremely adverse consequences if it were not to be implemented (because of the corrupt operations described in successive postings on this website).

THE REASON THAT OUR ECONOMIC ANALYSIS DATED 2ND SEPTEMBER – WHICH WAS APPENDED TO THE POSTING OF 3RD DECEMBER – WAS DELETED, WAS BECAUSE ITS PREDICTIONS HAVE TURNED OUT TO BE ACCURATE. They describe exactly what is happening RIGHT NOW. The Editor has restored both postings, but we urge you to review the 2nd September posting again because a number of appropriately barbed comments have been added there as well.

IN READING WHAT FOLLOWS, NOTE THE FOLLOWING EQUATION:

1. Without the Iraq War, which started as a bank raid, there is no way they can continue hiding the illegal money.

2. Without the $4.5 trillion payment to Ambassador Leo Wanta/his Virginia-based AmeriTrust Groupe, Inc. [see coordinates at foot of article], there is no way they can make use of the illegal monies they have ‘earned’.

WHY SR WAS SEEN WEEPING ON TV: HE’D JUST LOST TRILLIONS:
HIS EMPIRE HAD JUST BEEN DESTROYED BY A NAKED SHORT OP.
We are now in a position to provide the international financial community with a summary of some of the key developments in the dollar crisis, which are not being report in the ‘mainstream’ media. The crisis, which is now almost certain to become the biggest financial catastrophe in human history, has arisen specifically and solely because the criminal operatives holding past and present high office in the United States thought they could continue their off-balance sheet fiat money scamming operations as though it is ‘Business as Usual’, and avoid remitting Ambassador Leo Wanta and his Virginia-based AmeriTrust Groupe, Inc., the $4.5 trillion tagged and earmarked in their names, and illegally retained at Goldman Sachs.

Apart from the $1.0 trillion worth of US currency held by the Chinese in their foreign exchange reserves, and lesser amounts held as official reserves with other key central banks, the Ambassador’s $4.5 trillion are the ‘only’ hard dollars cash available. Because of the impact of our last report [3rd December 2006], and in the context of the horrifying developments reported below, and other horrendous developments not reported here, the Chinese cannot even change these dollars into other convertible currencies on the scale that they need to do, if they are not to lose almost the entire value of them, when the US dollar collapses, as is about to happen.

WHAT THESE RECKLESS CRIMINALS HAVE ACTUALLY BEEN DOING
Here is what has taken place in recent days. Using the money stolen via the deceitful, fraudulent Treasury ‘data burst’ of 17th November 2006 as explained in our posting on this website on 3rd December [see ARCHIVE], plus funds that the official US criminal operatives have been siphoning offshore through their fraudulent trading operations, the criminal operatives (who are named below) ALSO borrowed against CREDIT DERIVATIVE INSTRUMENTS, creating a pool of funds with which to buy US dollars and sell the EU Collective Currency, with a view to taking the profits (usually ranging between 10% and 15%) between the values.

The resulting profit pool was being run by Deutsche Bank in Berlin, Geneva and Frankfurt and was being used to drive down the overall valuations of UBS, Credit Suisse and key French banks – the objective being to create such profound economic and financial problems for these banks that their valuations would be reduced to such a marked extent that Deutsche Bank, in particular, could then buy them up cheaply.

This confirms our own suspicions, which have become clearer in recent months, that the Swiss institutions, have understood the geopolitical objectives of Deutsche Bank, which is allegedly the primary institution used by Deutsche Verteidigungs Dienst (DVD), Dachau, in craven pursuit of its Nazi Continuum global hegemony strategy. The Pan-German Nazis appear to have become rather disillusioned with the Swiss instinct for eternal independence, and the Swiss institutions have become aware of long-range German strategic intentions with respect to Switzerland’s prized and ancient political independence.

ARTIFICIAL NAKED SHORT POSITION AGAINST THE U.S. DOLLAR
A very senior European banker, well known to Ambassador Wanta and to Michael C. Cottrell, the Treasurer of AmeriTrust Groupe, Inc, strenuously warned the criminal operatives concerned (see below) not to create AN ARTIFICIAL NAKED SHORT AGAINST THE US DOLLAR by using borrowed money for the purpose – i.e., naked gambling the integrity of the dollar: but these madmen went ahead with this scheme anyway. The European banks, being no fools, figured out what they were up to; and when Ambassador Wanta was again NOT PAID the $4.5 trillion on 20th November 2006, the European banks took immediate action to dump their dollars on a large scale.

When a gambler undertakes a NAKED SHORT, he loses BOTH the money contributed for the gamble AND the money borrowed as well. In other words, a NAKED SHORT gambler LOSES TWICE HIS MONEY, or far more than that, depending on whatever leveraging input he was using.

And that is what happened, following dissemination worldwide of our posting dated 3rd December 2006. So when George Herbert Walker Bush Sr. was televised weeping at a podium in Florida, guess why he was weeping?

BECAUSE HE HAD JUST LOST A GOODLY PROPORTION OF THE FIAT 370 TRILLION DOLLARS THAT HE HAD PREVIOUSLY CONTROLLED, DUE TO THE MINDLESS, RECKLESS NAKED SHORT TRANSACTION.

OFFICIAL U.S. CRIMINAL OPERATIVES WITH RED FACES
The perpetrators (culprits) who perpetrated this historically unprecedented coup AND LOST THEIR SHIRTS, leaving the wretched United States and the whole world vulnerable to an imminent meltdown, include the following conspirators:

• President George W. Bush Jr.
• Former President H. W. Bush Sr.
• Former President W J Clinton.
• Senator Hillary Clinton
• John Negroponte, Director of National Intelligence
• General Michael Heyden, Director of Central Intelligence
• Secretary of the Treasury Hank (‘Conflict-of-Interest’) Paulson
• Federal Reserve Board Chairman Dr Ben S. Bernanke, and key Board Members
• Wachovia Bank/First Union Bank, New York
• Bank of America, Los Angeles
• HSBC, United Kingdom
• The Bank of England
• Deutsche Bank, Frankfurt, Berlin and Geneva.

The conspirators got caught in mid-play, and lost their shirts and trillions upon trillions of dollars, as a direct consequence of our authorised posting dated 3rd December 2006 [see ARCHIVE]. Their NAKED SHORT transaction failed.

WACHOVIA, B of A NOW SAID TO BE TECHNICALLY BANKRUPT
While former President George H. W. Bush Sr. wept for himself and on behalf of the DVD, of which he is allegedly the head, before the television cameras, one of the key investigators working with the Ambassador brought in the CIA (under USA Patriot Act etc legislation) to undertake certain measures to stave off the bankruptcy of Wachovia Bank and Bank of America (which is in fact the CIA’s main banking arm).

At midnight European time on 5th-6th December, the Bank of Spain and Santander Bank agreed to get their representatives together in Geneva, with representatives of the Federal Reserve and, it is believed, the Treasury. The purpose of the gathering was to be to ‘work out’ means of enabling the Federal Reserve, the Treasury and key US institutions to ‘stay solvent’.

On 6th December, the Boards of Directors of Wachovia Bank and Bank of America met to plan a merger, but essentially only agreed to agree to come to a decision. They may have no time even to prepare the relevant documents before their respective roofs fall in. Tiles were already crashing to the ground all day on the 6th.

OFF-BALANCE SHEET FUNDS MATERIALISE AT SANTANDER BANK
Meanwhile, ALL OF A SUDDEN, funds appeared from OFF THE BOOKS (please make a note of this, in view of what follows) at Santander Bank, which were available to collateralise a transaction through Union Bank of Switzerland and Credit Suisse ostensibly to facilitate payment of the $4.5 trillion to Ambassador Leo Wanta, via a syndication of large banks consisting of Bank of America, Wachovia Bank and J. P. Morgan, to be arranged by Banco de Espana (Central Bank of Spain). This crazy bank syndication is being put together ‘as we speak’.

According to European bankers who are in a position to gauge the situation accurately, the reverberations of the NAKED SHORT catastrophe will hit the United States this Friday, 8th December 2006.

The syndication arrangement is being put together in extremis and under duress by the conspirators, in order to save their backsides and all other parts of their anatomies. They choose to overlook the fact that the Ambassador/AmeriTrust Groupe, Inc, are the only parties on the stage owning legitimate money. All other parties are dealing in illegitimate fiat ‘funny’ money which is derivatives-based, collateralised, and hypothecated out to infinity.

DERIVATIVES OVERHANG ESTIMATED AT $1,140 TRILLION
While it is complacently alleged by some that the volume of derivatives contracts outstanding is worth anything from $370 trillion (the volume putatively owned before the NAKED SHORT fiasco by George Bush Sr. (DVD)), and other estimates put the derivatives overhang at around $770 trillion, the actual volume of the overhang is estimated by the Ambassador and Mr Cottrell as being of the order of $1,140 trillion.

However since these transactions are untaxed and handled off-balance sheet, there is no way to prove the aggregate amount outstanding. The entire derivatives ‘Ponzi Game’ pyramid is now at risk, and in any case, only those in at the base of the pyramid have a melting icicle’s chance in hell of ever getting paid.

And hell is where we are all now headed, thanks to the rampant, uncontrolled criminality of the perpetrators listed above, their criminalised intermediary associates, and the corrupt banks which thought the music would never stop.

WHAT IS WRONG WITH THIS DEAL?
IT’S A TRAP AND ANOTHER SCAM, NATURLICH: SO IT AIN’T GONNA GO NO PLACE
Let us briefly review what is ‘wrong’ with the ‘deal’ that the perpetrators intend to ‘impose’ upon the Ambassador as a ‘fait accompli’:

• NUMBER ONE: This is a scam built to implode BECAUSE IT STARTS OFF WITH OFF-BALANCE SHEET FUNDS AND VIOLATES ‘SOURCES OF FUNDS’, SO THAT IT WILL BE STOPPED AT THE FIRST TRANCHE.
The ‘source of funds’ is illegitimate.

• NUMBER TWO: When the first tranche is duly stopped, the criminal operatives will say: ‘OH, GEE, WE PAID YOU. WHAT A PITY YOU DON’T HAVE ANY MONEY’. That is the intention, and the purpose of this posting is to make it quite clear to the international financial community that the Ambassador and Michael C. Cottrell, M.S., will have NOTHING TO DO WITH THIS DESPERATE SCAM WHATSOEVER. If asked, Mr Cottrell will advise the conspirators where to put it.

• NUMBER THREE: The transaction is not intended to be paid into the Leo Wanta/AmeriTrust Groupe, Inc.'s securities account with Morgan Stanley, New York, but rather to the custody of a bank: and neither of the Principals will deal with defrauding bankers. The history of their recent behaviour speaks for itself.

By way of an interjection here, on 1st December 2006, President George W. Bush Jr. demanded that certain foreign Ambassadors to the United States be recalled to their home capitals. The foreign powers concerned responded, in unison, that they would not adhere to this demand. In other words, the President was given a ‘flea in his ear’.

The Ambassadors that George Bush II wanted out of the way were – SURPRISE, SURPRISE, SURPRISE – the Ambassadors who have been talking to Leo Wanta.

CHINESE STAND TO LOSE VALUE OF THEIR REAL $1.0 TRILLION
Having been notified of this latest Bush II Administration payment scam, AmeriTrust Groupe, Inc, has asked to speak directly to the relevant Chinese official parties. The Chinese now face the severe risk that the value of their $1.0 trillion, which they cannot dump anywhere in any quantity, will be reduced to a paltry amount in the near future, as a direct consequence of this rolling criminal financial crisis. Mr Paulson, who has signature authority over the REAL HARD CASH $4.5 TRILLION THAT IS OWNED, TAGGED AND EARMARKED FOR Ambassador Leo Emil Wanta and his AmeriTrust Groupe, Inc, is continuing, like an automaton, to drive the dollar downwards, hoping to stitch up some kind of deal next week in Beijing. The Ambassador and his Treasurer, Michael C. Cottrell, M.S., await the Chinese parties’ response. If they are to hang on to the value of their $1.0 trillion, they will need to avoid the familiar temptation to countenance any delay. Otherwise they, like the rest of us, will be crucified.

The approach to the Chinese parties was made on 4th December, when AmeriTrust Groupe, Inc. submitted a formal request for assistance to the People’s Republic of China, in the mutual interest, so as to ensure that both the United States and China do not suffer the same fate in the immediate future. The formal request contains the following statement, which the Editor of International Currency Review is authorised to cite verbatim:

‘Our efforts since June 2006 to secure this economic receipt via the Department of the US Treasury have proven to have been futile’.

SCAMS AIMED AT NON-PERFORMANCE OF WANTA SETTLEMENT  – 
SO THAT GOLDMAN SACHS (ISRAEL) KEEPS THE $4.5 TRILLION
This latest scam, together will all the earlier scams, and the naked short operation, are and have been associated with the perpetrators’ continuing intention not to pay the Ambassador the $4.5 trillion formally agreed on 12th December 2005, and signed off by President Bush Jr. himself, by
the US Treasury Secretary du jour, by the Federal Reserve Chairman du jour, by Supreme Court Justices, and by leading US legislators. The signatures of all these people have turned out to be WORTHLESS AND FRAUDULENT, as all are in breach of the formal agreement in question.

By reneging on their formal, signed undertakings, these officials and legislators have jointly and severally destroyed the ‘Full Faith and Credit of the United States’. No-one can trust anything that US Treasury Secretary Paulson says or does any more, not least since he presides over the most outrageous and culpable conflict of interest in world financial history.

As the former CEO of Goldman Sachs, he holds signatory power over the Ambassador’s tagged
and earmarked $4.5 trillion, and has chosen to enable his former institution to hold on to the money. This is a criminal act, and implies that the State of Israel, along with Germany (because of the reckless agenda of DVD, Dachau), are the United States’ real, unrecognised enemies. Perhaps this crisis will force Americans to understand this reality at last, and to take the necessary steps to bring the de facto enmity of these two powers to a peremptory end.

The Editor, of International Currency Review, who has always been favourably disposed towards Israel, points out that if the American people get to understand the above reality, there will be a violent anti-Jewish backlash – something that Goldman Sachs appears to have overlooked in its greed to hold on to the Ambassador’s real $4.5 trillion.

PREVARICATION BY CHINA, OR FAILURE BY PAULSON
TO ORDER THE $4.5 TRILLION TO BE CREDITED TO WANTA, WILL BE FATAL
Most informed observers ‘on the inside track’, tell us that if, for instance, the Chinese stall in their response to the Ambassador until next week - or Paulson does not release the $4.5 trillion which he and Goldman Sachs have effectively stolen, by next week - there will be an almighty Day of Reckoning beginning on the foreign exchange markets, triggering the dreaded global derivatives overhang implosion, and rocking stock markets all around the world. It is never possible to be
sure when such developments happen, but what is usually the case is that one or a combination
of events triggers a systemic cascading effect, which is what is now expected.

The fact that the ‘mainstream’ media are not covering this millennial crisis is not interesting. Whether financial journalists other than poor Bill Plante, of CBS News (see 3rd December posting) are being intimidated by the Bush Administration’s thugs, is not known. What the events since June 2006 demonstrate in our context is that the ‘mainstream’ media is completely irrelevant. It has missed the boat and, like the rest of us, will be left to pick up the pieces.

Its editors will want to know why this crisis has been ignored by their brainwashed writers, and will get no coherent answers.

BANKERS FLY TO CORRUPT SPANISH LAST CHANCE SALOON
It is understood that representatives from Wachovia Bank, Bank of America and JP Morgan Chase, are flying urgently to Spain, to stitch this latest scam together with the Bank of Spain and Santander Bank. This posting puts all parties on notice that the scam will not ‘fly’ and that the Ambassador and his Treasurer will not be parties to it. It cannot be imposed upon them without their consent, and this consent is withheld.

SUBSIDIARY AND PARALLEL POINTS OF RELEVANCE:
• US intelligence operatives admitted on 6th December that the National Security Agency (NSA) has been systematically attacking and shutting down the computers of Ambassador Leo Wanta and Michael C. Cottrell, M.S.. In fact the Editor is aware that the NSA has been attacking Mr Cottrell’s computers non-stop since April, this year, if not much earlier. The way this is done, and the use of NSA computer-targeting ops to steal business, are described in the recently published double issue of International Currency Review, which has exposed a great deal of the illegal activity which is now on its last legs. It’s too bad these criminals didn’t clean up their act sooner.

• Our posting dated 3rd December, which stated the facts then known accurately,
is directly responsible for triggering these latest ramifications. It must therefore be sharply pointed out that the chaos which is now ensuing or imminent is directly and exclusively the consequence of criminal financial operations conducted inter alia by the perpetrators named above. We are merely observers and reporters.

• Tony Blair, the British Prime Minister, is visiting Washington ‘as we speak’. He
is reported to be aware of the situation, but is not equipped to have a clue what to
do about it. The Chancellor of the Exchequer’s staff failed to communicate with the Editor of this service last week, as reported in our posting dated 3rd December. This was a grave error on their part.

• US television viewers were denied, on 5th-6th December, grim scenes that were broadcast on Britain’s ITN Seven O’clock News on 5th December. Specifically, Jon Snow, the anchor, appeared in Baghdad, where he was televised under the ‘crossed swords monument’, among a very large column of stationery US military vehicles. American troops were pictured lolling against their vehicles, chewing gum and picking at their teeth with toothpicks. Jon Snow explained that the column could not risk travelling along the airport road in the daytime, and so was sitting there immobilised until very late at night, when travelling to the airport would be safer.

• If this is the situation now, in two weeks’ time, the armoured vehicles and troops will ironically be stuck, immobilised beneath Saddam’s ‘crossed swords monument’, where of course they are a sitting target. It follows that the various documents being generated in Washington to yank the President off the hook on which he has impaled himself, and to salvage this catastrophic situation, are a complete waste of time.

• The catastrophic failure of American power in Iraq coincides with the catastrophic failure of the Bush II Administration to order payment of Leo Wanta’s REAL HARD CASH $4.5 trillion , which will be used to provide the basis for a REFUNDING of the United States’ financially decadent (because debt-funded) economy. The awful combination of these two extreme crises, and their coincidence, spells the end of US military power and threatens to inflict a massive and very rapid decline in the standard of living of most Americans – which could have revolutionary consequences.

• The attack on Iraq was a bank raid. Among its key objectives were (a) to seize control of the Central Bank of Iraq and to seize its gold. We were informed two years or so ago that about 100 special operatives involved in this operation were killed when they were deliberately left ‘in harm’s way’ by the US military; but we now understand that this figure was much higher. These people were sacrificed so that they would not survive to report what happened. Knowledge of this assault, giga-theft and atrocity exists because the events were recorded by several Iraqi sources. The second objective (b) was to obtain control over Saddam Hussein’s ‘personal’ bank, Rafidain Bank, so that the General Management could be changed and then instructed to grant access to what we were told amounted to $17 trillion of assets, but which we now understand is a far higher figure. These assets are reported to be held at the London branch, and may have been frozen or stolen by the British authorities, who appear to be heavily involved in these scams.

• The Rest of the World, led by China, will go down the toilet with the United States as a direct consequence of these criminals’ behaviour. The EU Collective Currency will be unable to handle the pressure, and will itself implode, after an appreciation against the degraded US dollar which will blow the European Union Collective apart.

Ambassador Leo Emil Wanta: Diplomatic Passport Numbers 04362 & 12535 a.k.a. Frank B. Ingram [FBI] (Sector V) SA32NV; and a.k.a. Rick Reynolds, SA233MS. AmeriTrust Groupe, Inc: Federal EIN Number 20-3866855; Virginia State Corporation Identification Number: 0617454-4; Virginia State Department of Taxation Identification Number: 30203866855F001.

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December 7, 2006 in Current Affairs | Permalink | Comments (0) | TrackBack