This is my first posting on prisonplanet.com. Keep up the great work, Alex!
I am not sure if this is a question or a call to people to look into something a lot more deeply. I am deeply disturbed by Rep. Kanjorski's revelations about a $550 Billion "electronic run on the banks" that occurred immediately in the wake of Lehman Brothers' collapse. Undoubtedly, this "run" was the necessary shock to the system to jumpstart a depression. I liken it to the demolition charges of a building. The SWAPs and mortgage securities weakened the structure from the inside, so that on the outside, the economy looked okay. Meanwhile, the elites were setting the charges to implode the structure and bring it down. On September 15, one of those charges went off.
This "run" has still been ignored by the mainstream media. This is incredible news. Talk about selling newspapers! Obviously, making profits is not what the media is all about when the news involves the deeds of the global elites.
Where did this $550 billion go? I see no clear evidence that it was put back into the markets. In fact, the best thing to do would be to hold the money out of the markets based on everything that has happened since 9/15. This keeps the value of the dollar maintained while the Fed electronically creates trillions in new dollars which are being backed (albeit "grudgingly") by the Chinese through the sale of Treasury bonds. This maintenance of the dollar must also be achieved by manipulating precious metals. Well, guess what? They have been manipulating precious metals at the same time.
Look at the pricing of precious metals, particularly gold. The $550 billion did not go into gold--at least not right away. In fact, just looking at the past year, the pricing of gold has been clearly (graphically) manipulated by electronic runs that short price rallies, thus artificially depressing gold. If I am not mistaken, I believe I remember something back in September about Israel flooding world gold markets with 1930s gold that was confiscated under FDR. I haven't been able to find any articles on the internet about this so far, but I think I heard about that on the Alex Jones radio show. This of course helps the value of paper. These electronic shorts are always made by an unknown institutional investor. Some economists suspect it is related to elements within the U.S. Treasury Department. That is big news, of course.
Now look at what is happening pragmatically: property prices are depreciating, corporations are going bankrupt (in other words, they now have dirt cheap assets for sale) and people are losing their jobs. Banks are barely lending any money at all, so credit is very tight. But the value of the dollar has remained constant throughout. In fact, it may be that the dollar holds more value now than it did in September. So, the $550 billion that was removed from the money markets--perhaps the most centrally important indicator in dictating market stability--is most likely worth MORE now than it was in September.
Anyone smell a buying spree?
A crucial question is this: who has aided and abetted all of this activity--electronic activity at that? What entity would be connected to all of these market events?
The answer is a corporation that most people have never heard of: the DTCC. http://www.dtcc.com/about/business/index.php
To quote the About Us webpage:
"DTCC, through its subsidiaries, provides clearing, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with their distribution networks.
DTCC's depository provides custody and asset servicing for 3.5 million securities issues from the United States and 110 other countries and territories, valued at $40 trillion. In 2007, DTCC settled more than $1.86 quadrillion in securities transactions.
DTCC operates through six subsidiaries - each of which serves a specific segment and risk profile within the securities industry:
* National Securities Clearing Corporation (NSCC)
* The Depository Trust Company (DTC)
* Fixed Income Clearing Corporation (FICC)
* DTCC Deriv/SERV LLC
* DTCC Solutions LLC
* EuroCCP Ltd.
DTCC's joint venture company, Omgeo, has over 6,000 customers in 45 countries and plays a critical role in institutional post-trade processing, acting as a central information management and processing hub for brokers, investment managers and custodian banks."
I recommend that anyone who finds DTCC interesting to fully explore the site. There is A LOT of information about setting U.S. Gov't policies across the spectrum--from Homeland Security to Mortgage backed securities.
It is mind blowing. The DTCC is the central nervous system of the global elite's financial leviathan. It's all right there, in writing--that is, if you can understand all the legalese of their white papers and other listed documents.