Archive for the ‘Bush Regime’ Category
June 7, 2011: Uploaded by CODHVideos / YouTube – March 18, 2011
The Tonka Report Editor’s Note: I am quite sure you all can figure out how to watch parts 2-8… – SJH
Link to original video below…
Written by Steven John Hibbs
June 7, 2011 at 5:16 pm
Posted in Big Brother, Bush Regime, Censorship, Civil Rights, Clinton Regime, COINTELPRO, Communism, Conspiracy, Corruption, Deception, Disinformation, Documentary, Economy, Education, Fascism, Federal Reserve, Geo-Politics, Global Banking, Government, History, IMF, Law and Justice, Media, New World Order, Obama, Obama Regime, Orwellian, Propaganda, Psyops, Slavery, Socialism, Sovereignty, U.S. Constitution, U.S. News, Video, Wall Street, White House, World Bank, World Disasters, World Government, World News
May 31, 2011: Saman Mohammadi / The Excavator via The Intel Hub – May 30, 2011
Trends Forecaster Gerald Celente warned in February that we should expect another false flag attack in America to boost the popularity of President Obama and escalate the wars in the Middle East.
“Look for a false flag,” said Celente, “look for something to rally the people around the president. They’ll do another one …. Remember the Maine. Remember the Gulf of Tonkin.”
Another false flag attack is a matter of when, not if. The U.S. shadow terrorist state is an unaccountable, secretive, resourceful, cunning, and powerful engine for destruction and deception.
We should not underestimate the evil men who have hijacked the national security policy and foreign policy of the United States of America.
I am not making any kind of prediction about the future. I am simply speculating what might happen in the coming months based on reliable information and evidence of past false flag attacks done by the U.S. shadow government.
The 9/11 attacks signified that we live in an age of state terror and mass deception. Nothing has changed in a decade. In fact, America is ripe for another 9/11. The official announcement of Osama Bin Laden’s death and increasing tensions between Pakistan and the U.S. are signs that the shadow myth makers in the national security crime syndicate are preparing the American public for an attack inside America to be blamed on Pakistan.
I’m not interested in scaring people. This article is not about unjustified doomsday fear. But I am also not afraid to speak my mind and tell you what I am afraid might happen.
Fifty years ago, President John F. Kennedy said that the role of the press in a free society was “to inform, to arouse, to reflect, to state our dangers and our opportunities, to indicate our crises and our choices, to lead, mold, educate and sometimes even anger public opinion.” I don’t think anyone has ever put it better.
I believe we should be on guard for another false flag terrorist attack committed by the men who operate and control the U.S. shadow state.
We must always remind ourselves of the fact that the people in power in the United States are power-hungry authoritarians who want to transform Western society into a post-humanist, collectivist, authoritarian paradise in which the people are dominated like sheep and the elite live like kings. Since war is the best way to transform a society these freaks are focused on starting world war three in the Middle East in order to justify total government control of all aspects of life and acquire complete control of Central Asia and the Middle East.
Does The Road To World War III Go Through Chicago?
The most likely place to be blown up by the shadow state terrorists is Chicago’s Willis Tower, formerly Sears Tower.
In 2004, the building was sold to a couple of investors from New York named Lloyd Goldman and Joseph Cayre who are associated with Larry Silverstein’s investment group. Silverstein owned the lease on the World Trade Center complex, and made billions of dollars from the state managed destruction of World Trade 1, 2, and 7. He should be in prison for insurance fraud and covering up the 9/11 attacks. Actually, this snake should be hanged for treason!
It is not good news for the American people and the people of the Middle East that Silverstein’s investment group is connected to Chicago’s Willis Tower. Last year, Shepard Ambellas and Alex Thomas of the website ‘The Intel Hub’ wrote in an article called “What Do The Sears Tower; WTC, and Terror Drills Have In Common?”:
Larry Silverstein, owner of Silverstein Properties, Inc. and the man who leased the World Trade Center Towers also happens to be the owner of the Sears Tower in Chicago. The complex was renamed the Willis Tower on July 16, 2009 and is insured by global insurance broker Willis Group Holdings. The insurer is very important in the grand scheme as can be seen with the WTC, whose insurance settlement amounted to a cool 4.68 billion dollars.
A company named Kroll is the company tasked with providing security for the Sears Tower. After 9/11, Kroll purchased Convair, the very company that was responsible for recovering data from WTC hard drives. Kroll also managed the bunker in the WTC and is known to have had a hand in the London 7/7 bombings.
Radio host Alex Jones, investigative journalist Wayne Madsen, and others have also said that a future false flag attack may take place in Chicago. The current mayor of Chicago is the former White House Chief of Staff Rahm Emanuel. Back in 2008, Emanuel said:
You never want a serious crisis to go to waste. Things that we had postponed for too long, that were long-term, are now immediate and must be dealt with. This crisis provides the opportunity for us to do things that you could not do before.
Emanuel’s ideas about the government’s role in a crisis reveals an authoritarian mindset. Naomi Klein’s “The Shock Doctrine” is a good examination of how leaders use crises, whether real or manufactured, to advance unpopular agendas and policies that undermine democratic governance and civil liberties.
Government leaders that use shock techniques like false flag terrorist attacks to induce a population to change their behavior and beliefs are not interested in defending the people but taking control over society.
Preparing The Psychology of The People And The Bureaucracy
Since last year a number of emergency drills and exercises have taken place in and around the city of Chicago. To find out more about these drills and exercises, here are some articles you should read:
On June 10, 2011, Chicago’s Northwest Community Hospital and the U.S. Army Reserve will perform an emergency exercise called “Red Dragon” to prepare for any future event involving mass death.
The publicly stated purpose for the drills are reasonable and normal. All responsible governments should take precautions to prepare citizens for an emergency situation like a flu pandemic or environmental disaster. But the U.S. shadow government is not responsible or trustworthy.
The power-mad Emanuel is not a level-headed person that you want leading your city during a time of great sorrow and loss. Emanuel, like Rudy Giuliani, comes from the school of thought that says freedom is bad and authority is good. Tyrants love a crisis because in a state of crisis the people are confused, fearful, anxious, and willing to be led by a strong and powerful leader.
A national crisis makes the people rally around the leader and gives the government increased authority to control society.
In July of last year, a former Clinton official said that a new terrorist attack on the scale of 9/11 would boost President Obama’s popularity and give his administration greater credibility. The remarks were made in anticipation of the mid-term elections, but they are still applicable today.
The 2012 presidential election is around the corner and a new false flag attack in Obama’s former nesting grounds would clear the path for victory.
Pakistan: The Designated Culprit?
Relations between the United States and Pakistan are verging on the catastrophic. Pakistan has already been blamed by the Obama administration and U.S. media for not identifying Osama Bin Laden in their backyard.
Those of us who know that Osama Bin Laden died nine years ago and that the May 1st announcement of his death was a massive psyop understand that the purpose of staining Pakistan is to isolate it in order to seize its nuclear weaponry and expand America’s role in the region.
The Washington Post reported on May 20 that the rank and file of Pakistan’s military are mad at the United States for disrespecting Pakistan’s sovereignty:
Some of the outrage among the ranks stems from shame that the Pakistani military failed to locate bin Laden or detect the stealth U.S. raid on bin Laden’s compound in Abbottabad, according to officers and military analysts. But most of it is directed toward the United States, an ally that has given billions of dollars to help sustain Pakistan’s counterterrorism efforts but is voicing rising concern that the country’s military is not dedicated to that fight.
Members of Pakistan’s army, which by some accounts is the world’s fifth-largest, have said little publicly about the U.S. operation. But interviews with officers suggest that there is a raucous and broad internal debate — one that is unlikely to undermine the institution, military analysts said, but that bodes poorly for U.S. hopes of an expanded Pakistani effort against Islamist militants.
To head off the discontent, Gen. Ashfaq Kayani, Pakistan’s army chief, made town-hall-style appearances last week at five garrisons, where he faced barbed questions from officers about the U.S. raid, according to some who attended. After a 45-minute address to the 5th Corps in the southern port city of Karachi, Kayani took queries for three hours. Attendees said questioners focused on the perceived affront in Abbottabad — and why Pakistan, in the words of one officer, did not “retaliate.”
Another aspect that ties into a possible Chicago false flag/framing Pakistan storyline is the high-profile terrorism trial of Tahawwur Rana that began a week ago in Chicago.
Rana, Pakistani Canadian and a resident of Chicago, was charged along with former CIA agent David Coleman Headley in October 2009 for attempting to blow up the offices of the Danish newspaper Jyllands-Posten that published cartoons of prophet Muhammad in September 2005. A star witness against Rana is David Coleman Headley himself, the rogue U.S. government agent who was involved in the 2008 Mumbai terrorist attacks. ProPublica’s Sebastian Rotella reported on May 22, 2011:
Headley, a Pakistani-American businessman and former DEA informant, will be the star witness against Tahawwur Rana of Chicago, his boyhood friend and alleged accomplice in the 2008 terror attacks on Mumbai. Opening arguments set for Monday have drawn international attention because Headley’s testimony could reinforce allegations that Pakistan plays a double game in the fight against terrorism.
The prosecution will depend largely on how the jury views Headley, one of the most intriguing figures to surface in a U.S. terror case. The burly, smooth-talking 50-year-old has a penchant for grandiose dreams and a knack for juggling relationships with multiple wives, terrorist groups, and law-enforcement and intelligence agencies.
Headley, who is described as a “master manipulator” by Rana’s defense attorney Charles Swift, told the court that Pakistan’s ISI and Pakistani terrorist group Lashkar-e-Taiba were responsible for the Mumbai attacks in order to frame Pakistan and give a PR victory to the U.S. shadow government. Headley is clearly a shady character who should not be trusted.
“The testimony of David Coleman Headley,” writes NBC’s Michael Isikoff, “is likely to further inflame U.S.-Pakistani relations, which are already strained because of the U.S. killing of Osama Bin Laden.” To correct Isikoff, the U.S. didn’t kill Osama Bin Laden, he died on his own.
The story that Navy Seals Team Six killed Bin Laden is pure bullshit. Dr. Steve Pieczenik, a former national security expert and psychological warfare chief, told the Alex Jones show three weeks ago that Bin Laden died due to marfan syndrome in late 2001/early 2002.
The Next 9/11 And The Death of America
If there is another government false flag attack, say goodbye to America and say hello to the new world order. The world is about to change again. Wake up and smell the fire.
America’s heart is being pulled out and eaten alive in front of our eyes by the tyrants and traitors who are in control of America’s shadow terrorist state. They will not stop blowing buildings up until they have acquired total power.
We should not expect mercy or pity from these monsters. We should expect the worst because they are the worst kind of men: they seek to terrorize, steal, deceive, destroy, and control. Through enacting history they gain dominion over us.
As long as we believe what we are told by our governments we will remain child-like slaves. We must question the false narratives they tell us and write our own history. Then we can be creative agents of history as opposed to brainwashed agents of state power.
Next Possible False Flag Terrorist Attack: Willis (Sears) Tower – Chicago
The Tonka Report Editor’s Note: I have been saying for months now that Chicago will be next… – SJH
Link to link to original article below…
Written by Steven John Hibbs
May 31, 2011 at 9:37 am
Posted in 9/11, Afghanistan, al-Qaeda, Big Brother, Bush Regime, CIA, COINTELPRO, Communism, Conspiracy, Controlled Demolition, Corruption, Deception, Disinformation, Education, Eugenics, False Flag, Fascism, FBI, Genocide, Geo-Politics, Global Banking, Government, History, Law and Justice, Media, Military, New World Order, Nuclear Warfare, Obama, Obama Regime, Orwellian, Osama Bin Laden, Pakistan, Pentagon, Police State, Propaganda, Psyops, Science / Technology, Slavery, Socialism, Sovereignty, Terrorism, U.S. Constitution, U.S. News, Video, Wall Street, War, War Crimes, World Bank, World Disasters, World Government, World News, WTC 1 & 2, WTC 7, WWIII
May 30, 2011: Alex Thomas / The Intel Hub – May 29, 2011
I hope I’m wrong, but my bet is that Chicago, Illinois is the next target for a false flag attack in America! – SJH
The stage has been set for a nuclear false flag in America. Many in the alternative media have wondered if a false flag nuke attack within America is a real possibility.
Would they do it? Who would it be? What cities would be targeted?
Recently, The New York Times reported that the United States is running out of a rare gas that is used to detect smuggled nuclear materials. The reason given is that one arm of the Energy Department is selling the gas much quicker than the other is able to accumulate it.
While this could possibly be a legitimate reason, it seems highly suspicious that a government that is installing a police state nationwide to supposedly save us from terrorists would be unable to obtain the gas needed to detect smuggled nuclear weapons. Wouldn’t a nuclear attack on America be the MOST important threat to combat?
Unfortunately there is a long history of suspicious nuclear activity in the United States, with cover story after cover story being spread throughout the corporate controlled media.
At this junction in history it seems prudent to lay out some of the more ludicrous stories that have been planted into the minds of the American people.
Laying The Groundwork
One of the more recent nuclear cover stories was released in late March. This story was just that, a complete and utter fabrication of what Al Qaeda can actually do.
25 letters that claim nuclear bombs are hidden throughout the United States were supposedly sent to multiple investigators and citizens in the Chicago area…
Letters Claim Al-CIAda Has Nuclear Bombs Hidden Across United States
“The idea that Al Qaeda could place over a hundred nuclear weapons into government buildings throughout the United States is 100% impossible. Cave dwelling ninjas do not have the ability to either steal or create nuclear weapons, fly them over to America, and somehow plant them in government buildings.”
Last year Obama labeled a nuclear attack on America as the biggest single threat facing our nation yet we are unable to obtain the gas used to detected them?
Calling terrorists with nuclear weapons “the single biggest threat to U.S. security,” Obama said that the “central focus for this summit is getting the international community on the path in which we are locking down that nuclear material in a very specific time frame with a specific work plan,” Politico reported in 2010.
In late July 2010, The National Research Council released a report titled, Nuclear Forensics: A Capability at Risk. The report outlined the fact that the United States is no longer able to track nukes threatening our shores!
Gordon Duff, writing for Veterans Today, speculated that this was a cover that could be used in the event of a false flag nuclear attack:
“A powerful group within the United States, one with influence over the press and the ability to derail an investigation as was done with 9/11, has been “tasked” with laying the groundwork for a terrorist attack on America, one using nuclear material.”
In the same article Gordon wrote about a somewhat unknown raid that took place in Indiana that he believes was related to smuggled nuclear weapons:
“Another piece of the puzzle involved a federal task force, Defense, Energy, FBI, descending on a warehouse in Greenfield, Indiana under the guise of a “records search.” This “Waco style” assault on a facility storing furniture for college dorm rooms was much more than it seemed. No case, criminal or civil, provided any underlying reason for the search.”
In 2002, World Net Daily reported on a book by an FBI consult that claimed that Osama Bin Laden had bought 20 suitcase nukes from KGB agents in 1998!
A new book by an FBI consultant on international terrorism says Osama bin Laden’s al-Qaida terrorist network purchased 20 suitcase nuclear weapons from former KGB agents in 1998 for $30 million.
The book,“Al Qaeda: Brotherhood of Terror,” by Paul L. Williams, also says this deal was one of at least three in the last decade in which al-Qaida purchased small nuclear weapons or weapons-grade nuclear uranium.
Obviously this book was one of the first attempts to implant the possibility of Al Qaeda nuking the U.S. into the minds of the American people.
And then there is the now infamous 2007 Minot Air Force Base fiasco which involved nuclear weapons that were apparently missing for up to 36 hours.
“According to a wide range of reports, several nuclear bombs were “lost” for 36 hours after taking off August 29/30, 2007 on a “cross-country journey” across the U.S., from U.S. A.F. Base Minot in North Dakota to U.S.A.F. Base Barksdale in Louisiana.
Reportedly, in total there were six W80-1 nuclear warheads armed on AGM-129 Advanced Cruise Missiles (ACMs) that were “lost.” The story was first reported by the Military Times, after military servicemen leaked the story,” reported Mahdi Darius Nazemroaya.
Hundreds of large scale simulated nuclear drills have taken place in America and abroad during the last ten years.
One of the more ominous drills, TopOff 4, took place in Portland Oregon. The exercise simulated a large scale dirty bomb attack in the heart of downtown Portland. The Oregon fact sheet on the exercise read like a Hollywood movie.
Remember we have lost most of our freedom due to the threat of terrorism yet we are supposed to believe that cave dwelling terrorists can outmaneuver multiple western intelligence agencies.
The T4 full-scale exercise is based on National Planning Scenario 11 (NPS-11). Terrorists have planned attacks in Oregon, Arizona, and the U.S. Territory of Guam. They have brought radioactive material into the United States.
The first of three coordinated attacks occurs in Guam, with the detonation of a Radiological Dispersal Device (RDD), or “dirty bomb,” causing casualties and widespread contamination in a populous area. Within hours, similar attacks occur in Portland and Phoenix.
Interestingly enough, the drill took place at the same time as Vigilant Shield, a massive operation which simulated detonation of three radiological dispersal devices within the USNORTHCOM and U.S. Pacific Command areas of responsibility.
A quick search of the internet will reveal hundreds of similar drills in numerous different cities all with the same mind set. A mind set that is based off the false premise that terrorists can obtain nuclear material without the help of major governments.
The corporate controlled media and Hollywood have played a huge part in implementing a possible terrorist nuclear attack into the minds of people worldwide. This idea is not only an American fear mongering operation.
Operation Blackjack, a set of slide show comics that depicted nuclear bombs detonating in major cities throughout the world, was mysteriously released in 2009 by The London Telegraph.
The slide shows had numerous embed codes and symbolism that to some indicated it was a very real operation that would happen on June 22nd 2009 or 2010.
Obviously those dates have come and gone but the IDEA that this could happen was cemented into the minds of the hundreds of thousands who read the comic like slide shows.
Interestingly enough, Jericho, a popular TV show in America, depicted a very similar scenario as Operation Blackjack…
Jericho: Season 1 Trailer
The nuclear attacks in Jericho were actually carried out by rogue elements of our government who immediately instituted a North American Union, martial law, FEMA Camps, and private military death squads.
Doctor Who, a popular family show in Britain ran an episode that is a clear cut case of predictive programming. Nuclear attack, martial law, and labor camps…
Predictive Programming In The Doctor Who Episode “Turn Left”
While the sheer amount of predictive programming in regards to nuclear attacks makes it impossible to list them all, these three paint a clear picture of the mind control that we the people have experienced.
It is clear that the groundwork and cover for a nuclear false flag in a major American or European city has been slowly put into place.
Many questions remain. Will the numerous hardworking, patriotic Americans in the government and military stop such a horrific act from happening?
Will the powers that be realize that the blame for such an attack would be pointed directly at them? Will a different, more feasible, false flag be used instead?
These are questions that must be answered. We the people must let it be known that we will no longer stand for any form of false flag terrorism.
Take note America, as we continue to lose our freedoms in the name of security, we have become more vulnerable then ever to a large scale false flag on par or more extreme than 9/11.
The Stage Is Set For A Nuclear False Flag
The Tonka Report Editor’s Note: With Rahm Emanuel in place as Chicago mayor, much like Giuliani was in New York during 9/11, look for Chicago to be the next false flag target in America… – SJH
Link to original article below…
Written by Steven John Hibbs
May 30, 2011 at 10:44 am
Posted in 9/11, al-Qaeda, Big Brother, Bio-Chem Warfare, Bush Regime, CIA, COINTELPRO, Communism, Conspiracy, Controlled Demolition, Corruption, Deception, DHS, Disinformation, Education, Eugenics, False Flag, Fascism, FBI, FEMA, Genocide, Geo-Politics, Government, History, Law and Justice, Martial Law, Media, Military, New World Order, North American Union, Nuclear Warfare, Obama, Obama Regime, Orwellian, Osama Bin Laden, Police State, Propaganda, Psyops, Science / Technology, Slavery, Socialism, Sovereignty, Terrorism, U.S. News, US North Com, Video, War, War Crimes, World Disasters, World Government, World News, WWIII
May 28, 2011: Bob Ivry / Bloomberg – May 26, 2011
Many of us already knew this… – SJH
Credit Suisse Group AG (CS), Goldman Sachs Group Inc. (GS) and Royal Bank of Scotland Group Plc (RBS) each borrowed at least $30 billion in 2008 from a Federal Reserve emergency lending program whose details weren’t revealed to shareholders, members of Congress or the public.
The $80 billion initiative, called single-tranche open-market operations, or ST OMO, made 28-day loans from March through December 2008, a period in which confidence in global credit markets collapsed after the Sept. 15 bankruptcy of Lehman Brothers Holdings Inc.
Units of 20 banks were required to bid at auctions for the cash. They paid interest rates as low as 0.01 percent that December, when the Fed’s main lending facility charged 0.5 percent.
“This was a pure subsidy,” said Robert A. Eisenbeis, former head of research at the Federal Reserve Bank of Atlanta and now chief monetary economist at Sarasota, Florida-based Cumberland Advisors Inc. “The Fed hasn’t been forthcoming with disclosures overall. Why should this be any different?”
The Federal Reserve Bank of New York, which oversaw ST OMO, posted aggregate data about the program on its website after each auction, said Jeffrey V. Smith, a New York Fed spokesman. By increasing the availability of short-term financing when private lenders were under pressure, “this program helped alleviate strains in financial markets and support the flow of credit to U.S. households and businesses,” he said.
Not In Dodd-Frank
Congress overlooked ST OMO when lawmakers required the central bank to publish its emergency lending data last year under the Dodd-Frank law.
“I wasn’t aware of this program until now,” said U.S. Representative Barney Frank, the Massachusetts Democrat who chaired the House Financial Services Committee in 2008 and co-authored the legislation overhauling financial regulation. The law does require the Fed to release details of any open-market operations undertaken after July 2010, after a two-year lag.
Records of the 2008 lending, released in March under court orders, show how the central bank adapted an existing tool for adjusting the U.S. money supply into an emergency source of cash. Zurich-based Credit Suisse borrowed as much as $45 billion, according to bar graphs that appear on 27 of 29,000 pages the central bank provided to media organizations that sued the Fed Board of Governors for public disclosure.
New York-based Goldman Sachs’s borrowing peaked at about $30 billion, the records show, as did the program’s loans to RBS, based in Edinburgh. Deutsche Bank AG (DBK), Barclays Plc (BARC) and UBS AG (UBSN) each borrowed at least $15 billion, according to the graphs, which reflect deals made by 12 of the 20 eligible banks during the last four months of 2008.
No Exact Amounts
The records don’t provide exact loan amounts for each bank. Smith, the New York Fed spokesman, would not disclose those details. Amounts cited in this article are estimates based on the graphs.
One effect of the program was to spur trading in mortgage-backed securities, said Lou Crandall, chief U.S. economist at Jersey City, New Jersey-based Wrightson ICAP LLC, a research company specializing in Fed operations. The 20 banks — previously designated as primary dealers to trade government securities directly with the New York Fed — posted mortgage securities guaranteed by government-sponsored enterprises such as Fannie Mae or Freddie Mac in exchange for the Fed’s cash.
ST OMO aimed to thaw a frozen short-term funding market and not necessarily to aid individual banks, Crandall said. Still, primary dealers earned spreads by using the program to help customers, such as hedge funds, finance their mortgage securities, he said.
“Spreads vary from one transaction to another,” making any calculation of dealers’ profits on the Fed loans impossible, Crandall said.
The Fed opposed disclosing details of its open market operations because doing so would probably cause borrowers “substantial competitive harm,” according to a March 2009 declaration by Christopher R. Burke, vice president of the New York Fed’s markets group. The declaration is filed in federal court.
Revealing the borrowing “could lead market participants to inaccurately speculate that the primary dealer was having difficulty finding term funding against its collateral in the open market and that the dealer itself must therefore be in financial trouble,” Burke said in opposing a media request for records about the borrowing.
Bidding Interest Rates
The New York Fed conducted 44 ST OMO auctions, from March through December 2008, according to its website. Banks bid the interest rate they were willing to pay for the loans, which had terms of 28 days. That was an expansion of longstanding open-market operations, which offered cash for up to two weeks.
Outstanding ST OMO loans from April 2008 to January 2009 stayed at $80 billion. The average loan amount during that time was $19.4 billion, more than three times the average for the 7 1/2 years prior, according to New York Fed data. By comparison, borrowing from the Fed’s discount window, its main lending program for banks since 1914, peaked at $113.7 billion in October 2008, Fed data show.
In March 2008, ST OMO was “desperately needed,” because of the shaken state of short-term credit markets, said Michael Greenberger, a professor at the University of Maryland School of Law in Baltimore and former director of the division of markets and trading at the Commodities Futures Trading Commission. After the Fed created other lending mechanisms and the Treasury Department began distributing money from the Troubled Asset Relief Program in October, ST OMO became “just a way for banks to have at it,” he said.
“At such low interest rates, it’s no longer a rescue, it’s a profit-making enterprise,” Greenberger said. “By December, a lot of money was made off this program.”
Goldman Sachs, led by Chief Executive Officer Lloyd C. Blankfein, tapped the program most in December 2008, when data on the New York Fed website show the loans were least expensive. The lowest winning bid at an ST OMO auction declined to 0.01 percent on Dec. 30, 2008, New York Fed data show. At the time, the rate charged at the discount window was 0.5 percent.
Stephen Cohen, a spokesman for Goldman Sachs, declined to comment.
As its ST OMO loans peaked in December 2008, Goldman Sachs’s borrowing from other Fed facilities topped out at $43.5 billion, the 15th highest peak of all banks assisted by the Fed, according to data compiled by Bloomberg. That month, the bank’s Fixed Income, Currencies and Commodities trading unit lost $320 million, according to a May 6, 2009, regulatory filing.
Under ST OMO, cash changed hands through repos, or repurchase agreements, which the central bank has used to move money in and out of the banking system for at least 60 years. In a repo, the dealer sells securities to the Fed and agrees to buy them back for a higher price after a set period of time.
Open-market operations traditionally use repos to influence the federal funds rate, which is banks’ cost of short-term borrowing, said Sherrill Shaffer, the officer in charge of the discount window at the Federal Reserve Bank of Philadelphia from 1994 to 1997. He’s now a banking professor at the University of Wyoming in Laramie.
When the central bank increases the money supply — by paying cash for securities in repos — interest rates tend to fall. When it drains cash from the system by selling securities in reverse repos, rates can climb.
Pedal To Metal
Using repos to provide emergency cash, a step the Fed announced on March 7, 2008, was a departure from that process, said John H. Cochrane, a finance professor at the University of Chicago Booth School of Business.
“The Fed was slamming the pedal to the metal in the lender-of-last-resort category,” Cochrane said. “What they did was so far from what we conventionally think of as monetary policy.”
Credit Suisse’s borrowing peaked at about $45 billion in September 2008, the Fed charts show. Steven Vames, a Credit Suisse spokesman in New York, declined to comment.
RBS’s use of ST OMO hit about $30 billion in October 2008. The U.K. government has had a stake in the bank since Oct. 13, 2008. “RBS no longer makes any use of these emergency Federal Reserve lending programs and all money borrowed from the Fed has been repaid in full with interest,” said Michael Geller, a spokesman for RBS Global Banking & Markets in Stamford, Connecticut.
Frankfurt-based Deutsche Bank’s use peaked at about $20 billion in October 2008, its chart shows. The bank had 87 billion euros ($122 billion) in repurchase agreements with all central banks as of the end of 2008, according to its annual report. John Gallagher, a bank spokesman, declined to comment.
London-based Barclays’s peak reached about $20 billion in December 2008, the chart said. Mark Lane, a Barclays spokesman, declined to comment.
UBS, based in Zurich, borrowed as much as about $15 billion in late 2008, the chart shows. “UBS’s usage of those facilities should be seen in the context of our overall desire to maintain flexibility and diversification in our funding sources, even during the crisis,” said Kelly Smith, a spokeswoman for UBS in New York. “Given UBS’s substantial presence and commitment to U.S. dollar-denominated markets, utilization of such facilities was relatively modest.”
Other banks listed in the Fed charts borrowed less than their peers. New York-based Morgan Stanley (MS) and Paris-based BNP Paribas (BNP), France’s biggest bank by assets, took no more than about $10 billion. Citigroup Inc. (C), JPMorgan Chase & Co. and Merrill Lynch & Co., which is now part of Bank of America Corp. (BAC), borrowed less than $5 billion each.
Mary Claire Delaney, a spokeswoman for Morgan Stanley, Jon Diat, a Citigroup spokesman in New York, Howard Opinsky, a spokesman for New York-based JPMorgan Chase, and Megan Stinson, a spokeswoman in New York for BNP Paribas, declined to comment on their banks’ borrowings.
“Look at it in hindsight and these programs did exactly what they were intended to do — stabilize the financial system, provide liquidity and instill confidence,” said Jerry Dubrowski, a spokesman for Charlotte, North Carolina-based Bank of America.
The bar charts were included in the Fed’s court-ordered March 31 disclosure under the Freedom of Information Act. The release was mandated after the U.S. Supreme Court rejected an industry group’s attempt to block it. Bloomberg LP, the parent company of Bloomberg News, and News Corp. (NWS)’s Fox News Network LLC had sued the central bank after it refused to release lending records under the FOIA.
Secret Fed Program Gave Billions To Banks Unknown To Congress
The Tonka Report Editor’s Note: In otherwords, the Fed stole from the American people in order to buy back mortgage-backed securities to cover the ponzi scheme and keep themselves out of jail! – SJH
Link to original article below…
Written by Steven John Hibbs
May 28, 2011 at 12:33 pm
Posted in Big Brother, Bush Regime, Censorship, Civil Rights, COINTELPRO, Communism, Conspiracy, Corruption, Deception, Disinformation, Economy, Education, Europe, False Flag, Fascism, Federal Reserve, Geo-Politics, Global Banking, Government, History, IMF, Law and Justice, Media, New World Order, Obama, Obama Regime, Orwellian, Propaganda, Psyops, Slavery, Socialism, Sovereignty, U.S. Constitution, U.S. News, United Nations, Video, Wall Street, World Bank, World Disasters, World Government, World News
May 27, 2011: Paul Joseph Watson / Prison Planet.com – May 27, 2011
Sacrifice your children to the king! – SJH
Given the fact that the Obama administration is now involved in more conflicts and has more troops deployed than at any time during the Bush administration, how confident should we be that a government promise to veto the alarming worldwide war provision contained in the National Defense Authorization Act will be kept.
Yesterday the House passed the act, “including a provision to authorize worldwide war, which has no expiration date and will allow this president — and any future president — to go to war anywhere in the world, at any time, without further congressional authorization.
The new authorization wouldn’t even require the president to show any threat to the national security of the United States. The American military could become the world’s cop, and could be sent into harm’s way almost anywhere and everywhere around the globe.”
Earlier this week, the White House indicated that it would veto the worldwide war provision, not because it is a flagrant violation of the War Powers Resolution and the basic tenet of not investing dictator powers in a president, but because it could cause “confusion”.
“The Administration strongly objects to section 1034 [the worldwide war provision] which, in purporting to affirm the conflict, would effectively recharacterize its scope and would risk creating confusion regarding applicable standards. At a minimum, this is an issue that merits more extensive consideration before possible inclusion…” the White House wrote to Congress.
The administration’s problem with the provision has nothing to do with the fact that it would make Obama above the law and completely unconstrained by Congress, their only concern is that it would hinder alleged terrorists from being tried in federal courts.
“Section 1039 is a dangerous and unprecedented challenge to critical Executive branch authority to determine when and where to prosecute detainees,” wrote the White House, indicating that a compromise could be made that would ensure the bill’s passage.
According to the ACLU, “President Obama and his administration have to be commended for taking such a tough stance on issues of fundamental importance to the rule of law and our democracy.”
Well, there’s a first time for everything, but the ACLU has completely dropped the ball on this one. The Obama administration is opposed to the worldwide war provision not because it is an egregious expansion of the executive branch, but because it doesn’t give them enough power.
Once the administration is given the choice to try suspected terrorists in federal courts or merely assassinate them at will as we were told happened in the case of the Bin Laden raid, the bill will be passed and the ugliest aspects of the worldwide war provision will remain.
Indeed, one could argue that the Obama administration has already bestowed upon itself the powers enshrined in the worldwide war provision with its constant drone attacks in Pakistan, Afghanistan, Yemen and other areas in the region, assaults ten times the amount of innocent people than they do so-called “militants”.
The ACLU’s praise for the Obama administration’s upholding of the “rule of law” didn’t seem to apply when Obama joined a NATO-led “no fly zone” over Libya, which quickly turned into a ceaseless bombardment and another undeclared war prosecuted with total disregard for Congressional oversight.
Indeed, when Senator Rand Paul blasted Obama for failing to get Congressional approval for the war on Libya following the expiration of the 60 days clause in the War Powers act, the president merely turned his nose up and claimed all the authority he needed came from the United Nations and international law.
However, when it came to invading Pakistani airspace to conduct the raid on Osama Bin Laden’s alleged compound, another foreign incursion of which Congress was kept in the dark, Obama showed little regard for the international laws he supposedly cherishes in refusing to even alert Pakistan to the fact that the operation was imminent.
The raid violated the same international laws that Obama claims give him the authority to attack Libya. You can’t have your cake and eat it. Attorney General Holder said the murder did not violate the Geneva Conventions because Bin Laden was an “enemy combatant” after he “admitted” to carrying out 9/11. And yet in Bin Laden’s only confirmed media interview following 9/11, he explicitly denied being behind the attack.
As Ron Paul warns in the video below, the worldwide war resolution is another one of the final nails in the coffin of the American republic. If this provision is allowed to pass, it will provide presidents with de facto immunity from war crimes and free them from the constraints of any national or international rules or laws on the conduct of war.
History is littered with examples of odious tyrants who shredded the rule of law to bestow upon themselves dictatorial powers that they claimed provided a justification for unprovoked foreign invasions and bloody global conquest. If this ‘worldwide war’ legislation passes the Senate, Obama can be added to that list.
Ron Paul: The Last Nail – Floor Speech May 25, 2011
The Tonka Report Editor’s Note: Where the hell is the anti-war movement in this pathetic country?! – SJH
Link to original article below…
Written by Steven John Hibbs
May 27, 2011 at 2:02 pm
Posted in 9/11, Afghanistan, Africa, al-Qaeda, Big Brother, Bush Regime, CIA, Civil Rights, COINTELPRO, Communism, Conspiracy, Controlled Demolition, Corruption, Deception, Disinformation, Economy, Education, Eugenics, False Flag, Fascism, FBI, Federal Reserve, First Amendment, Fourth Amendment, Freedom, Genocide, Global Banking, Government, History, Indefinite Detentions, Iran, Iraq, Law and Justice, Libya, Martial Law, Media, Middle East, Military, New World Order, Obama, Obama Regime, Orwellian, Osama Bin Laden, Pakistan, Pentagon, Police State, Propaganda, Psyops, Renditions, Socialism, Sovereignty, Syria, Taleban, Terrorism, U.S. Constitution, U.S. News, United Nations, Video, Wall Street, War, War Crimes, White House, World Bank, World Disasters, World Government, World News
May 27, 2011: Kurt Nimmo / Infowars.com – May 27, 2011
Feel safer now that we’re essentially guilty until proven innocent? – SJH
On Thursday, Congress passed a four year extension of the PATRIOT Act.
Lawmakers rejected all attempts to moderate aspects of the legislation that weaken the Fourth Amendment.
Obama used an auto pen machine from France to sign the extension. Provisions of the PATRIOT Act were set to expire at midnight.
Congress would have signed the extension earlier if not for the efforts of Kentucky Senator Rand Paul, who opposes the extension on constitutional grounds, specifically its violations of the Fourth Amendment.
In addition, Paul proposed an amendment that would have placed restrictions on the government’s ability to obtain gun purchase records. It was defeated 85-10. His second amendment, limiting banks on their reporting of suspicious financial transactions, was rejected 91-4.
“We dissolve from within when we give up our liberties,” Paul warned. “Millions of innocent citizens are having their records looked at.”
“It’s an important tool for us to continue dealing with an ongoing terrorist threat,” Obama said after a meeting with French President Nicolas Sarkozy.
Senate Majority Leader Harry Reid (D-Nev.), Senate Minority Leader Mitch McConnell (R-Ky.) and House Speaker John Boehner (R-Ohio) agreed to strip the extension of any amendments.
“The Speaker supports this common-sense proposal because this law has been crucial to detecting and disrupting terrorist plots and protecting the American people,” Boehner spokesman Michael Steel said in a statement.
Sen. Rand Paul Speaks On PATRIOT Act
The Tonka Report Editor’s Note: Everybody had better begin asking themselves how much more! – SJH
Link to original article below…
Written by Steven John Hibbs
May 27, 2011 at 9:54 am
Posted in 9/11, al-Qaeda, Big Brother, Bush Regime, Civil Rights, COINTELPRO, Conspiracy, Corruption, Deception, DHS, Disinformation, Education, Fascism, Fourth Amendment, Freedom, Government, Gun Control, History, Law and Justice, Martial Law, New World Order, NSA, Obama, Obama Regime, Orwellian, Patriot Act, Police State, Psyops, Second Amendment, Slavery, Socialism, Sovereignty, Tenth Amendment, Terrorism, U.S. Constitution, U.S. News, Video, White House, World Government, World News
May 21, 2011: Benjamin Weiser & Scott Shane / The Sydney Morning Herald – May 21, 2011
Read the last paragraph of this toilet paper propaganda! – SJH
NEW YORK: Two defectors from Iran’s intelligence service have testified that Iranian officials knew in advance about the attacks of September 11, 2001, says a US court filing that seeks damages for Iran’s ”direct support for, and sponsorship of, the most deadly act of terrorism in American history”. One of the defectors also claimed that Iran was involved in designing the attacks, the filing said.
The defectors’ identities and testimony were not revealed in the filing but were being submitted to a judge under seal, said lawyers who brought the original suit against Iran on behalf of families of dozens of September 11 victims.
The suit says Iran and Hezbollah, the Lebanese militant group with close ties to Tehran, helped al-Qaeda with planning the attacks and with the hijackers’ training and travel. After the attacks, the suit says, Iran and Hezbollah helped al-Qaeda operatives and their families to escape, in some cases providing them with a safe haven in Iran.
The question of an Iranian connection to the attacks was raised by the national September 11 commission and has long been debated. Al-Qaeda, which adheres to a radical Sunni theology, routinely denounces the Shiite branch of Islam that holds power in Iran, and the terrorist network’s branch in Iraq has often made Shiites targets of bombings. But intelligence officials have long believed there has been limited, wary co-operation between al-Qaeda and Iran against the US as a common enemy.
The lawsuit also names as defendants Iranian officials and ministries, as well as Hezbollah, al-Qaeda and the Taliban, among others. The families’ lawyers have asked for a default judgment against the defendants, which have not responded to the suit. Even if there were such a judgment, legal experts say it would not be easy to collect monetary damages.
In their court papers, the lawyers assert that Imad Mugniyah, as the military chief of Hezbollah, was a terrorist agent for Iran, and that he travelled to Saudi Arabia in 2000 to help with preparations for the September 11 attacks. Mugniyah, killed in 2008, had been accused by US officials of planning a series of terrorist attacks and kidnappings, including the bombings of the US embassy and marine barracks in Lebanon in 1983.
The September 11 commission report said there was ”strong evidence Iran facilitated the transit of al-Qaeda members into and out of Afghanistan before [the attacks], and that some of these were future [September 11] hijackers”.
But the commission said it had “found no evidence that Iran or Hezbollah was aware of the planning for what later became” the September 11 attacks and that the ”topic requires further investigation by the US government”. [emphasis mine]
The New American Century – 2009 – (Full Video)
The Tonka Report Editor’s Note: PNAC is following their script to a tee. Watch the documentary… – SJH
Link to original article below…
Written by Steven John Hibbs
May 21, 2011 at 10:46 am
Posted in 9/11, Afghanistan, al-Qaeda, Big Brother, Bush Regime, CIA, COINTELPRO, Controlled Demolition, Corruption, Deception, Disinformation, Documentary, Education, False Flag, Fascism, FBI, Federal Reserve, Genocide, Geo-Politics, Global Banking, Government, History, Iran, Iraq, Israel, Lebanon, Media, Middle East, Military, New World Order, Obama, Obama Regime, Orwellian, Osama Bin Laden, Pakistan, Pentagon, Police State, Propaganda, Psyops, Science / Technology, Slavery, Socialism, Sovereignty, Taleban, Terrorism, U.S. Constitution, U.S. News, United Nations, Video, Wall Street, War Crimes, White House, WMD, World Bank, World Disasters, World Government, World News, WTC 1 & 2, WTC 7, WWIII, Zionism