Post by sometimeman on Sept 26, 2008 21:10:00 GMT -4
The Who, What, How, and Where behind this 700 Billion Dollar tax theft.
by Walter Burien - CAFR1.com - 09/26/08
Let' Talk
TREASON: "Treason doth never prosper; what's the reason? For if it prosper, none dare call it treason." Sir John Harrington, 1561-1612
Take a look at the money the big boys are rolling over. The three reports below are the behind the looking glass view. I note that on the "Bank Derivative report", JP Moran Chase shows net assets of 1.4 Trillion dollars but they were rolling-over and controlling 90 Trillion dollars in derivatives.
The top 25 bank listed totaled about 300 Trillion dollars of derivatives (the market maker) under their control. Better not be on the wrong side of the market contrary to where they want the market to swing based on their buying and selling effect. They will take your money every single time in their trading profits from the moves they "create" through the use of that money.
1. The Federal Reserve's - Comprehensive Annual Financial Report (CAFR)
2006 - cafr1.com/STATES/FedReserve/FR2006CAFR.pdf
2007 - cafr1.com/STATES/FedReserve/FR2007CAFR.pdf
2. The US Treasury Auditor Generals Report on the top Bank derivative holdings. I note to scroll down 2/3rds through the report to the "Table" section to see the dollar values (in millions so add six zeros to the shown numbers) Example: JP Morgan Chase - #1 - Net assets 1.4 trillion - derivative positions 90 trillion dollars. (DOWNLOAD THIS ONE FIRST)
** 2008 March - cafr1.com/STATES/US-TreasuryReports/BankDerivativesMarch08.pdf
3. The US Treasury Auditor Generals Report on top Bank mortgage holdings and performance.
** 2008 June - cafr1.com/STATES/US-TreasuryReports/MortgageJune08.pdf
The big banks manipulate the market, destroy their competition the smaller banks, profit from that manipulation, and then take over that competition weakened by the same manipulation, AND THEN use their contacts to push the government to use Taxpayer revenue to bail-out the economy created by the effect of their own manipulation, as they take-over their competition at pennies on the dollar, and those big boys grow ever larger. Well, I guess they call that activity snack food for the kings..
And I will say it again: TREASON: "Treason doth never prosper; what's the reason? For if it prosper, none dare call it treason." Sir John Harrington, 1561-1612
Walter Burien
P. O. Box 2112
Saint Johns, Arizona 85936
CAFR1.com
Tel. (928) 445-3532