Bank of America

FBI whistleblower describes bank record mining in J6 probe

~ admin ~ Leave a comment

FBI whistleblower describes bank record mining in J6 probeJohn Solomon – A recently retired FBI supervisory intelligence analyst told Congress in a whistleblower disclosure that agents in Boston were improperly pressured by Washington to open criminal cases on 140 people who had simply taken a bus ride to the Jan. 6 rally in Washington. The agents refused because there was no evidence the attendees engaged in any criminality, the whistleblower said.

George Hill’s testimony to the House Judiciary Committee also raised new civil liberty concerns about the FBI’s Jan. 6 probe, including whether the Bureau mined Americans’ bank records without court authority and whether the agency possesses video footage it is refusing to release because it identifies undercover agents and human sources who were at the U.S. Capitol that fateful day. Continue reading →

News & Views From The Nefarium July 20, 2017 [Video]

~ admin ~ Leave a comment

Joseph P Farrell – Yet another bank experiences “downtime”, stranding 46,000,000 of its “customers”, and a Spanish banker is dead of a shotgun blast to the chest, which (note wording) they have “ruled out a homicide. and Joseph has another hare-brained bit of high octane speculation to add to his list of high octane speculations about it:

SF Source Giza Death Star Community Jul 2017

The Global Banking Game Is Rigged, And The FDIC Is Suing

~ admin ~ Leave a comment

GlobalResearch  April 13 2014

Ellen Brown
Ellen Brown

Taxpayers are paying billions of dollars for a swindle pulled off by the world’s biggest banks, using a form of derivative called interest-rate swaps; and the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it. According to an SEIU report:

Derivatives . . . have turned into a windfall for banks and a nightmare for taxpayers. . . . While banks are still collecting fixed rates of 3 to 6 percent, they are now regularly paying public entities as little as a tenth of one percent on the outstanding bonds, with rates expected to remain low in the future. Over the life of the deals, banks are now projected to collect billions more than they pay state and local governments – an outcome which amounts to a second bailout for banks, this one paid directly out of state and local budgets.

It is not just that local governments, universities and pension funds made a bad bet on these swaps. The game itself was rigged, as explained below. The FDIC is now suing in civil court for damages and punitive damages, a lead that other injured local governments and agencies would be well-advised to follow. But they need to hurry, because time on the statute of limitations is running out.

The Largest Cartel in World History

On March 14, 2014, the FDIC filed suit for LIBOR-rigging against sixteen of the world’s largest banks – including the three largest USbanks (JPMorgan Chase, Bank of America, and Citigroup), the three largest UKbanks, the largest German bank, the largest Japanese bank, and several of the largest Swiss banks. Bill Black, professor of law and economics and a former bank fraud investigator, calls them “the largest cartel in world history, by at least three and probably four orders of magnitude.”

Continue reading →

The Detroit Bail-In Template: Fleecing Pensioners To Save The Banks

~ admin ~ 1 Comment

GlobalResearch August 5 2013

Bank of AmericaThe Detroit bankruptcy is looking suspiciously like the bail-in template originated by the G20’s Financial Stability Board in 2011, which exploded on the scene in Cyprus in 2013 and is now becoming the model globally. In Cyprus, the depositors were “bailed in” (stripped of a major portion of their deposits) to re-capitalize the banks. In Detroit, it is the municipal workers who are being bailed in, stripped of a major portion of their pensions to save the banks.

Bank of America Corp. and UBS AG have been given priority over other bankruptcy claimants, meaning chiefly the pensioners, for payments due on interest rate swaps they entered into with the city. Interest rate swaps – the exchange of interest rate payments between counterparties – are sold by Wall Street banks as a form of insurance, something municipal governments “should” do to protect their loans from an unanticipated increase in rates. Unlike ordinary insurance, however, swaps are actually just bets; and if the municipality loses the bet, it can owe the house, and owe big. The swap casino is almost entirely unregulated, and it is a rigged game that the house virtually always wins. Interest rate swaps are based on the LIBOR rate, which has now been proven to be manipulated by the rate-setting banks; and they were a major contributor to Detroit’s bankruptcy.

Continue reading →

Natural News ~ Five Ways to Help Stop the Plundering of Our World

~ admin ~ Leave a comment

Mike Adams (Natural News) | RS_News
December 7 2011

The economic plundering of our world is well under way, with the Goldman Sachs “white shoe boyz” taking over entire national economies as they confiscate the wealth of the working class. They aren’t the only evildoers wreaking havoc across the world, of course: A cabal of powerful and criminally-insane corporations are destroying the future of food, plotting to keep citizens suffering from disease, and even perpetuating war so they can earn obscene profits from selling more bullets, bombs and missiles.

You can help resist this economic imperialism by taking simple actions that protect your wealth and pull it out of the hands of the globalists who are actively destroying our world. Here are five of the most powerful action steps to take that can turn the tables and restore economic sovereignty at every level – household, community, state, nation and the entire globe.

#1) Shop at local farmers’ markets, food co-ops and local grocers

Stop buying Tyson chicken. Stop buying Monsanto-engineered GMO foods at the grocery store. Stop giving your money to food industry globalists such as ADM, Cargill and PepsiCo. Every time you buy a can of brand-name soda, a carton of genetically modified soy milk, or a bag of popular snack chips, you are financially supporting a system of global agricultural poverty and food domination that destroys life and liberty.

If you shop based solely on price and not ethics, you are take part in the economic destruction of our world. Shop local, buy organic and avoid all the corporate food giants and their deceptive, dishonest packaged foods.

Remember: If the food you eat comes in a box, your family and friends will eventually find YOU in a box, too.

#2) Pull your money out of the big banks and put it in local credit unions

When you deposit $1,000 in a globalist bank, they can turn around and, through a series of fractional reserve banking transactions, turn that into $9,000 in loans that earn them interest. Inversely, by pulling $1,000 out of a globalist bank (JPMorgan Chase, Citibank, Bank of America, etc.), you denythem the ability to make $9,000 in loans, thus shrinking their profits by a significant factor.

Continue reading →