U.S. Securities and Exchange Commission

Federal Accounting Now Meaningless & Frightening [Video]

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fittsGreg Hunter – Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says the federal governments made $21 trillion in “missing money,” discovered in late 2017, a national security issue the public is not allowed to find out where the money is.

Fitts explains, “There is a big study we published at Solari.com. If you go to the annual wrap-up on DOD and HUD ‘missing money,’ we have a whole piece on FASAB Standard 56, and it explains how it works. Essentially, what it says is there is a secret group of people, by a secret process, that can take a portion of the financial statements on the books and make them secret.

You cannot know what a secret is and what is not.  So, when you look at financial statements at the Department of Defense, essentially, they are meaningless because you don’t know what has been cut out.

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The Odds Are Never In Our Favor

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EconomicCollapse  March 31 2014

FlashBoys_MichaelLewisHow would you feel if you went to the store to buy something, and someone rushed ahead of you and purchased it first and then sold it to you at a higher price?  Well, in the financial world this happens millions upon millions of times.  In fact, this practice has become so popular that it has spawned an entire industry known as “high frequency trading”.  At this point, high frequency trading makes up about half of all trading volume on Wall Street, and it is costing the rest of us billions of dollars a year.  And the funny thing is that this is all perfectly legal.  High frequency trading firms are exploiting a glitch in the system, and by allowing this to go on, the authorities have essentially given them a license to steal from the rest of us.  Sadly, this is just another example that shows that the odds are never in our favor.  The “little guy” never seems to be able to win, and those at the top of the food chain like it that way.

Making money in the stock market is supposed to be about making wise investment decisions.  It isn’t supposed to be about finding a glitch in a video game and exploiting it.  But that is essentially what these high frequency traders have done.  They have spent an extraordinary amount of time and energy figuring out ways to make pennies (or sometimes just fractions of a penny) on the trades that the rest of us make.

Fortunately, this practice was exposed in front of the entire world by 60 Minutes the other night.  Steve Kroft interviewed a former trader named Michael Lewis that just released a new book entitled “Flash Boys” that is all about the evils of high frequency trading.  The following is an excerpt from that interview: Continue reading →

Archons In The News

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Zen Gardner – Meet Lady Barbara Judge. Archon guardian and executor. One spookily hooked up entity who would probably scare you spitless in a dark alley. Matrix credentials out the wazoo of course, and aside from her financial web-stringing duties she’s naturally leading the nuclear energy revival in Japan. And this is her “official” portrait. Wow.

This is the nasty breed that farms our planet for power and energy. They can transform into many shapes and sizes, control and influence almost at will, and toy with us like cats in a box of mice.

They’re known by many names and disguises; devils, archangels, powerful spirits, reptilians, greys, djinn, mythical gods and goddesses, anunnaki, you name it. It can be almost anything. These are those that maintain the matrix and pounce upon humanity with wicked alacrity. They know no remorse, compunction, empathy or love.

They are parasitic by their very nature and a cancerous phenomenon in the Universe. And we happen to be on a planet they are farming.

The Ice Queen Executor – A Perfect Example

You’ll know them by their cold, detached allegiance to the Agenda. Our domination by any means possible. Here’s the scoop on the ice queen pictured above from a CNN article. This starter gives it away, “Few people would use the word “fantastic” to describe a visit to Fukushima, the site of Japan’s 2011 nuclear disaster. But Lady Barbara Judge is not just anybody”.

You’re not kidding.

Few people would use the word “fantastic” to describe a visit to Fukushima, the site of Japan’s 2011 nuclear disaster. But Lady Barbara Judge is not just anybody.

Judge, a 66-year-old lawyer and businesswoman with dual British and American citizenship, has been called in by the Tokyo Electric Power Company (TEPCO), the company behind the Fukushima, to help relaunch Japan’s nuclear power program, which was suspended completely in March 2011. Source

How about a little more on this archonic ball bearing that makes their world go ’round…

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Big Banks Keep Paying a Pittance to Settle Fraud Charges

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By Pat Garofalo | Nation Of Change
October 23 2011

CitiThis week, Citigroup announced that it had settled with the Securities and Exchange Commission over charges that the mega-bank misled investors in a derivatives deal and then bet against them. Under the terms of the settlement, Citi agreed to pay $285 million.

Citi is not the first bank to settle these sorts of charges with the SEC. Previously, Goldman Sachs had agreed to a $550 million settlement, while JP Morgan Chase paid $154 million. (Goldman’s settlement was over the now infamous “shitty deal.”)

Having to fork over hundreds of millions of dollars may seem like a lot, but it’s chump change to these banks. Citigroup, for instance, just announced profits of $3.8 billion for the last quarter alone, while JP Morgan made $4.2 billion. Goldman Sachs this week announced just the second losing quarter since the bank went public in 1999, but it paid its SEC settlement in 2010, a year in which the bank made $39.2 billion overall.

And as ProPublica pointed out, Citi’s settlement will not only cost it a pittance, but ends the SEC’s inquiries into the vast multitude of junk the bank peddled onto its unwitting customers:

The bank says it has settled all of its potential liability to a key regulator – the Securities and Exchange Commission — with a $285 million payment that covers a single transaction, Class V Funding III. ProPublica first raised questions about the deal [1] in August 2010. In announcing a case, the SEC said it had identified one low-level employee, Brian Stoker, as responsible for the bank’s misconduct.

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