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Showing posts with label World Global Settlement Funds. Show all posts
Showing posts with label World Global Settlement Funds. Show all posts

Saturday, August 02, 2025

Universal debt forgiveness and the imminent global debt jubilee

https://alcuinbramerton.blogspot.com/2011/06/universal-debt-forgiveness-and-imminent.html
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Picture: International Public Notice Regarding World Bank Transition.
Picture: Capitalism is over. Money is broken. Debt doesn't work.
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjUW8XX7MnWPeU_9aUMhFvEdlgG1snWYdN8dUgwSMKXgD0n30vdoLwmELrqb1EEVzi8JzaQcG9YrS8c-OeNyZ245VC7RykICmnQ26ohKGtzaxQAmPvIIzmR_DpAMms4O5TxBFWy/s1600/G7+Money+is+broken.+Only+gold+works.+%25231ab.jpg?SSImageQuality=Full




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• When debt is fraudulent, debt forgiveness is the logical and only remedy.

• Debt or credit which cannot be paid back is never an asset; it is always a liability.


• All debt which charges a percentage originates in delusion. Debt grows exponentially indefinitely; income and other financial growth cannot do this.

• The total amount of money in circulation today in the West can only pay for a tiny fraction of the total private and public debt in the West. This fact is evidence of systemic fraud.

• Debt is manufactured through fraudulent means to reward a creative criminal élite.

• If the intention of a financial transaction tied to a loan, or tied to a financial inducement, is extortion; if it is, in effect, an élite bankster scheme to bamboozle the borrower with small print or to blind him with science, that loan or inducement, should be struck off the record immediately and completely. The debt was not incurred with the informed consent of the borrower. The debt did not benefit the borrower. And the élite lender was well aware of these facts when the loan papers were settled and signed.

• You cannot solve the debt problem by issuing more debt. You solve the debt problem by cancelling, completely, all national, corporate and personal debt. You do this simultaneously across the planet, and you do it permanently.


Picture: Without money we'd all be rich. The wealth of rainforest fruits.

Picture: Money is the mechanism which makes us poor. Empty vault. Bernanke.

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You don't need a slide rule, a set of log tables or a high-frequency trading algorithm to see the light. Everyone on Main Street now knows that the Western banking cartel's fixation with debt colonisation is a busted flush. Debt does not work as the basis of a global financial system.

Behind the scenes, all the indications are that universal debt forgiveness is set to be announced. A global debt jubilee is waiting in the wings. The Doctrine of Odious Debts has been spectacularly revisited. The default position of the global financial system is to be permanently reset. The vaults are stocked. The precious metals are audited. The new gold-backed regional currencies are printed, minted and ready.

The most recent catalyst for change has been Iraq. Before the Western cabal's US-UK war of occupation and plunder began in Iraq in March 2003, Iraqi exiles expressed the hope that in a post-Saddam democratic Iraq, there would be a fair and equitable disposition of Saddam's debts.

These Iraqis wanted the future administration of Iraq and the international community to review the debts accumulated under Saddam's régime. Those loans which had been used for benign purposes should be restructured and paid back by Iraq over a prudent time period. Those loans which were used for objectionable purposes and which did nothing to enhance the well-being or prosperity of the Iraqi population at large, should be struck off the record immediately and completely.

This illustrates one of the core principles of debt forgiveness. Why should Iraqis be forced to repay the US, the British, the French, the Germans, the Russians, and all the others who had financially supported Saddam's oppression of them?

The Iraqi argument for debt forgiveness has a sound basis in law. It reflects the century-old legal principle of the Doctrine of Odious Debts.

The Doctrine of Odious Debts was created to further international finance by limiting the ability of governments to repudiate debts. Three conditions had to apply before a sovereign state could repudiate a debt:

(1) The debt must have been incurred without the informed consent of the citizenry of the state.

(2) The debt must not have benefitted the citizenry of the state.

(3) The lender must have been aware of conditions (1) and (2) at the time that the loan papers were signed.

The United States employed these principles after the Spanish-American War to repudiate the Cuban debts.

If a despotic power incurs a debt which is manifestly not for the needs of the State, or not in the plain interest of the State, but is a debt incurred solely to strengthen the position of the despotic cabal as a self-serving faction within that State, the debt is odious. The debt is not an obligation for the nation; it is a cabal debt, a personal debt of the cabal which incurred it. And the debt falls with the fall of the cabal.

The Doctrine of Odious Debts not only promotes accountability, it promotes democracy in the debtor state as, one by one, the nature of the inherited debts are articulated in a public legislature.

The Doctrine of Odious Debts also promotes democracy in creditor states. In Canada and most European nations, the lending of state enterprises is generally hidden from taxpayers. Canada's export credit agency, Export Development Canada, for example, is exempt from Canada's Access to Information law.

In the case of Iraq, state agencies from France, Germany and Russia may have made questionable loans. Under an odious debt process, they would need to establish that they acted with due diligence to be entitled to repayment. Knowing this, they would be less likely to make questionable loans in the future.

Debt forgiveness and the Doctrine of Odious Debts also applies to individuals. The same principles have legal traction on loans or structured financial inducements made by financial institutions such as banks, mortgage lenders, insurance companies, stock-trading entities, energy conglomerates and pharmaceutical firms.

If the intention of the financial transaction tied to the loan, or tied to the financial inducement, is extortion, if it is, in effect, an élite scheme to bamboozle the borrower with small print or to blind him with science, that loan or inducement, should be struck off the record immediately and completely. The debt was not incurred with the informed consent of the borrower. The debt did not benefit the borrower. And the lender was well aware of these facts when the loan papers were signed.

Universal debt forgiveness is on the way as an essential precursor to the planet's new gold-backed financial system. It has deep historical roots and powerful support in natural law. This imminent global debt jubilee is organically related to the disbursement of The World Global Settlement Funds, to the long-planned public NESARA announcements, and to the opening of Pandora's Suitcase.

More background about the concept of the Odious Debt can be found here (pdf - 11 pages - Jayachandran and Kremer) and, in the specific context of Greece in 2011, here. Murray Rothbard's original 2004 piece on Repudiating the US National Debt can be found here. And The Center for Global Development's 2010 review entitled: "Whatever Happened to the Jubilee? A 10th Anniversary Assessment of the Debt Relief Movement" is linked here.

But other economists have been vocal on the debt forgiveness issue as well. In particular, Zeus Yiamouyiannis (plus here, here and here), Steve Keen (plus here) and Michael Hudson (plus here).

Citing both Keen and Hudson, Yiamouyiannis is persuasive. When debt is fraudulent, debt forgiveness is both the logical and the only remedy for the situation. Whatever the name you give to the process - erasure, repudiation, abolishment, cancellation, jubilee - debt forgiveness will eventually have to emerge at the forefront of global efforts to solve the ongoing systemic financial crisis.

The only way to erase counterfeit money and counterfeit assets amounting to hundreds of trillions of dollars is to erase the debts associated with these fake assets. They are not toxic assets. They are fake assets.

Debt forgiveness accomplishes two important things. First, it eliminates the increasing and outsized portion of productive enterprise which is being employed to pay off unproductive obligations. Second, it clears the ground for new opportunities, new thinking, creative invention and positive entrepreneurialism.

Stentorian calls for austerity are nothing more than the delusional efforts of a fraudulent bankster status quo to avoid the consequences of its own error and fraud. The élite demands for austerity are a self-serving effort to kick the profit-can down the road in perpetuity. So bedazzled by the false wealth created by debt multiplication and its concomitant fantasy of ever-higher returns, the fraudulent bankster status quo continues to be stupidly amazed that ordinary people in the street are not spending money, and that the national economy is not picking up.

Productive human wealth has been trapped by establishment banksters in a web of parasitic theft, counterfeiting, liability evasion, non-regulation, and prosecutorial non-accountability. All the fundamental attributes of a functioning exchange economy have been warped to reward creative criminals.

Fabricated or parasitic so-called “wealth” destroys value by diluting the value of real productive wealth. Debt or credit which cannot be paid back is never an asset; it is always a liability. That some people in the market can be fooled into buying such liabilities and thus generate sale profits and transaction fees is risible.

The operating models upon which the modern debt nexus is historically based have no organic contact with reality. They assume unlimited growth and an unlimited ability to pay. When matched against the reality of real people paying ten times their salary for mortgages, which actually add more money owed to their principal (with negative amortization), require no money down, and set up balloon payments - large step-ups in payments after a few years - there is no possible way such people could not default within a predictable timespan.

Systemically, all debt which charges a percentage originates in delusion. Debt grows exponentially indefinitely; income and other growth cannot do this. This leads to a widening condition where the fruits of productive growth devoted to interest payments increase until those fruits are entirely consumed. Once this happens, stores of wealth (hard assets) begin to be cannibalised to make up the difference. You can see this now in Middle America where, absurdly, people are having to liquidate their retirement accounts to pay for their current cost of living.

The problem is compounded by a privately owned Federal Reserve syndicate which lends money into circulation at interest, and then allows the multiplication of this consumer debt-money liability through fractional reserve banking.

The total amount of money in circulation today can pay for only a tiny fraction of the total private and public debt. This fact alone is evidence of a kind of systemic fraud. This is why debt forgiveness makes not only moral, but also rational and mathematical sense. Finances require balancing to be coherent. There has to be some way to redress the systemic imbalance in Western macrofinance. There has to be some way to zero the scales in order to get an accurate weight of value, and to re-establish healthy value creation.

The problem with debt is that it creates scarcity. Scarcity stimulates fear. Fear drives manic competition. And manic competition favors opportunism, collusion, and concentrations of power. These élite concentrations of power translate into establishment abuse. The inevitable result is a visible collapse of legitimacy within the economic system. This is what is being seen now, all over the Western World, by Joe Public and his missus.

Debt forgiveness recognises the inherent, systemic, mathematical inability to make good on debts, and (or) the naked fact that the debt itself was manufactured through fraudulent means.

The foregoing twelve paragraphs précis some of the ideas which Zeus Yiamouyiannis has suggested in his writing on debt forgiveness. The best brief summary of his thoughts is probably here (01.09.11).

The situation is plain. You cannot solve the debt problem by issuing more debt. You solve the debt problem by cancelling, completely, all national, corporate and personal debt. You do this simultaneously across the planet, and you do it permanently. And then you recapitalise the whole bangshoot using an established resource base such as The World Global Settlement Funds and the associated US Dollar Refunding Project.

This next bit sounds exotic. But in future years it may well sound like a blinding glimpse of the obvious. You don't establish the value of something by sticking it in a market. You establish the value of something by giving it away free and seeing what social value accrues as that something is used locally to energise cooperative livelihoods and free barter.

Interestingly, the core idea of global debt forgiveness is not restricted to the benevolent ivory towers of economic utopians. It is beginning to be talked about, in public, by national parliamentarians.

At the end of August 2011, in Ireland, the Irish Finance Minister, Michael Noonan, had to respond to organised calls for debt forgiveness in connection with his EuroZone nation's struggling mortgage borrowers. The story was run prominently in the Business section of the Irish Times on Friday 2nd September 2011. Its headline was: "Minister rules out 'free-for-all' debt forgiveness. Noonan insists there is no magic bullet." The article, by Simon Carswell and Colm Keena, can be found here.
Picture: Zoe Konstantopoulou. May 2015. Athens. Greece. EU.

http://cadtm.org/Executive-Summary-of-the-report

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In Greece, debt forgiveness appears to be further advanced than in Ireland. At the end of September 2011, an important legal precedent was established. In accordance with a district court order in Larissa, an unemployed Greek woman who owed a little over 26,000 Euros to two banks, Eurobank and National, received a full debt discharge on her outstanding loans. The woman had a perfect payment record for eighteen years, and only fell behind when she lost her job. It is thought that the decision will probably be adhered to in thousands of similar cases. More here (02.10.11). And some locally-sourced film commentary on repudiating the Greek national debt can be found here (20.06.11).
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Picture: G5 Western banking cartel. Global Debt Forgiveness is inevitable.

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Each and every time a bank makes a loan (or purchases securities), new bank credit is created - new deposits - brand new money.
Graham F. Towers

The process by which banks create money is so simple the mind is repelled.
John Kenneth Galbraith

Permit me to issue and control the money of a nation, and I care not who makes its laws.
Mayer Amschel Rothschild

I am afraid that the ordinary citizen will not like to be told that banks can and do create money .... and they who control the credit of the nation direct the policy of Governments and hold in the hollow of their hands the destiny of the people.
Reginald McKenna

Our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess.
Irving Fisher

That is what our money system is. If there were no debts in our money system, there wouldn’t be any money.
Marriner S. Eccles

Everyone sub-consciously knows banks do not lend money. When you draw on your savings account, the bank doesn't tell you you can't do this because it has lent the money to somebody else.
Mark Mansfield

If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible, but there it is.
Robert Hemphill

One thing to realize about our fractional reserve banking system is that, like a child’s game of musical chairs, as long as the music is playing, there are no losers.
Andrew Gause

I have never yet had anyone who could, through the use of logic and reason, justify the Federal Government borrowing the use of its own money. I believe the time will come when people will demand that this be changed. I believe the time will come in this country when they will actually blame you and me and everyone else connected with the Congress for sitting idly by and permitting such an idiotic system to continue.
Wright Patman

Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal, that there is no human relation between master and slave.
Leo Tolstoy

The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough money to buy it back again. Take this great power away from them and all great fortunes like mine will disappear, and they ought to disappear, for then this would be a better and happier world to live in. But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.
Josiah Stamp

Throughout the ages, the devices of cunning men have turned money to their nefarious purposes. Money, beginning with private enterprise as a means of escaping the limitation of barter, soon developed the cheat to exploit the honest trader who, in an effort to protect himself, turned to government for protection, only to find that now he had two thieves, the private money changer and the political plunderer working hand in glove against him. By this combination the money changer gained the prestige of political sanction through legislative license and the state secured a deceptive device for laying taxes upon the citizenry by means of the hidden tax called inflation. It was and remains a vicious alliance.
E.C.Reigel

All of the perplexities, confusion, and distress in America arises, not from the defects of the Constitution or Confederation, not from want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation.
John Adams

Whoever controls the volume of money in our country is absolute master of all industry and commerce, and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.
James A. Garfield

The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government’s greatest creative opportunity.
Abraham Lincoln

Once a nation parts with the control of its currency and credit, it matters not who makes that nation's laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognised as its most sacred responsibility, all talk of the sovereignty of parliament and of democracy is idle and futile.
William Lyon Mackenzie King

For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions.
Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as "internationalists" and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will. If that's the charge, I stand guilty, and I am proud of it.
David Rockefeller

Only the small secrets need to be protected. The big ones are kept secret by public incredulity.
Marshall McLuhan

The world is governed by very different personages from what is imagined by those who are not behind the scenes. The governments of the present day have to deal not merely with other governments, with emperors, kings and ministers, but also with the secret societies which have everywhere their unscrupulous agents, and can at the last moment upset all the governments plans.
Benjamin Disraeli

In March 1915, the J.P. Morgan interests, the steel, shipbuilding, and powder interest, and their subsidiary organizations, got together twelve men high up in the newspaper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press. They found it was only necessary to purchase the control of twenty five of the greatest papers. An agreement was reached. The policy of the papers was bought, to be paid for by the month. An editor was furnished for each paper to properly supervise and edit information regarding the questions of preparedness, militarism, financial policies, and other things of national and international nature considered vital to the interests of the purchasers.
Oscar Callaway

The real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over city, state and nation. Like the octopus of real life, it operates under cover of a self created screen. At the head of this octopus are the Rockefeller Standard Oil interests and a small group of powerful banking houses generally referred to as international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes. They practically control both political parties.
John F. Hylan

From the days of Spartacus, Wieskhopf, Karl Marx, Trotsky, Rosa Luxemberg, and Emma Goldman, this world conspiracy has been steadily growing. This conspiracy played a definite recognizable role in the tragedy of the French revolution. It has been the mainspring of every subversive movement during the 19th century. And now at last this band of extraordinary personalities from the underworld of the great cities of Europe and America have gripped the Russian people by the hair of their head and have become the undisputed masters of that enormous empire.
Winston Churchill

The government of the Western nations, whether monarchical or republican, had passed into the invisible hands of a plutocracy, international in power and grasp. It was, I venture to suggest, this semi-occult power which pushed the mass of the American people into the cauldron of World War I.
J.F.C. Fuller

For a long time I felt that Franklin Delano Roosevelt had developed many thoughts and ideas that were his own to benefit this country, the United States. But he didn't. Most of his thoughts, his political ammunition, as it were, were carefully manufactured for him in advanced by the Council on Foreign Relations, the One World Money group. Brilliantly, with great gusto, like a fine piece of artillery, he exploded that prepared ammunition in the middle of an unsuspecting target, the American people, and thus paid off and returned his internationalist political support. The UN is but a long-range, international banking apparatus clearly set up for financial and economic profit by a small group of powerful One World revolutionaries, hungry for profit and power. The depression was the calculated shearing of the public by the World Money powers, triggered by the planned sudden shortage of supply of call money in the New York money market. The One World Government leaders and their ever close bankers have now acquired full control of the money and credit machinery of the US via the creation of the privately owned Federal Reserve Bank.
Curtis Dall

A definite factor in getting a lie believed is the size of the lie. The broad mass of the people, in the simplicity of their hearts, more easily fall victim to a big lie than to a small one.
Adolf Hitler

It seems to me perfectly in the cards that there will be within the next generation or so a pharmacological method of making people love their servitude, and producing a kind of painless concentration camp for entire societies, so that people will in fact have their liberties taken away from them but will rather enjoy it, because they will be distracted from any desire to rebel by propaganda, brainwashing, or brainwashing enhanced by pharmacological methods.
Aldous Huxley

I know the secret of making the average American believe anything I want him to. Just let me control television. You put something on the television and it becomes reality. If the world outside the TV set contradicts the images, people start trying to change the world to make it like the TV set images.
Hal Becker

Our job is to give people not what they want, but what we decide they ought to have.
Richard Salant

The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements, arrived at in frequent private meetings and conferences. The apex of the system was the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the worlds' central banks which were themselves private corporations. The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.
Carroll Quigley

There is a small circle of men who control the world's finance. Each member, before initiation, knows its religion to be reward for friends and extermination of enemies. Once a man is within the magic circle, punishment for disloyalty is sure and terrible, and in no corner of the Earth can he escape it, nor can any power on Earth protect him from it.
Thomas Lawson

Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. Our minds are moulded, our tastes are formed, our ideas suggested, largely by men we have never heard of.
Walter Bernays

I think the subject which will be of most importance politically is mass psychology. Various results will soon be arrived at. The influence of home is obstructive. The science of psychology will be diligently studied, but it will be rigidly confined to the governing class. The populace will not be allowed to know how its convictions were generated. When the technique has been perfected, every government that has been in charge of education for a generation will be able to control its subjects securely without the need of armies or policemen. Educational propaganda, with government help, could achieve this result in a generation. There are, however, two powerful forces opposed to such a policy. One is religion, the other is nationalism. A scientific world society cannot be stable unless there is a world government.
Bertrand Russell

If two parties, instead of being a bank and an individual, were an individual and an individual, they could not inflate the circulating medium by a loan transaction, for the simple reason that the lender could not lend what he didn't have, as banks can do. Only commercial banks and trust companies can lend money that they manufacture by lending it.
Irving Fisher

The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it.
John Kenneth Galbraith

The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.
John Emerich Edward Acton

Commercial banks create chequebook money whenever they grant a loan, simply by adding new deposit dollars in accounts on their books in exchange for a borrower’s IOU. Banks lend by creating credit. They create the means of payment out of nothing.
Ralph M. Hawtrey

The decrease in purchasing power incurred by holders of money due to inflation imparts gains to the issuers of money.
St Louis Federal Reserve Bank

The entire world economy rests on the consumer. If he ever stops spending money he doesn't have on things he doesn't need, we're done for.
Bill Bonner

With the monetary system we have now, the careful saving of a lifetime can be wiped out in an eyeblink.
Larry Parks

When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.
Napoleon Bonaparte

I wouldn't go to war again as I have done to protect some lousy investment of the bankers. There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket.
Smedley Darlington Butler

There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth. Our money system is nothing better than a confidence trick. The Money Power which has been able to overshadow ostensibly responsible government is not the power of the merely ultra-rich, but is nothing more or less than a new technique to destroy money by adding and withdrawing figures in bank ledgers, without the slightest concern for the interests of the community or the real role money ought to perform therein. To allow it to become a source of revenue to private issuer's is to create, first, a secret and illicit arm of government and, last, a rival power strong enough to ultimately overthrow all other forms of government. An honest money system is the only alternative.
Frederick Soddy

When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it.
Frederic Bastiat

The bank hath benefit of interest on all moneys which it creates out of nothing.
William Paterson

Banking doesn’t involve fraud, banking IS fraud.
Tim Madden

Money does not pay for anything, never has, never will. It is an economic axiom as old as the hills that goods and services can be paid for only with goods and services.
Albert Jay Nock

Only when the last tree has died and the last river has been poisoned and the last fish been caught will we realize we cannot eat money.
Cree Indian Proverb

When the people of the world have a common monetary language, completely freed from every government, it will so facilitate and stabilize exchange that peace and prosperity will ensue even without world government. A union of peoples rather than a union of political governments is what this world needs.
E.C.Reigel

Money is the measure by which goods are valued, the value by which goods are exchanged, and in which contracts are made payable. Every thing receives a value from its use, and the value is raised, according to its quality, quantity and demand. Money is not the value for which goods are exchanged, but the value by which they are exchanged.
John Law

As long as we cling to the superstition that we must look to government for money supply, instead of requiring it to look to us, just so long must we remain the subjects of government, and it is vain to follow this or that policy or party or ism in the hope of salvation. We can control government and our own destiny only through our money power and until we exert that power it is useless for us to debate the pros and cons of political programs. To trade goods and services is a natural right of all people. To issue the money necessary to make these exchanges is also the natural right of all people who are intelligent enough to do so. We need not beg for money. We do not need to be money slaves. We can be money masters.
E.C.Reigel

In nature's economy the currency is not money, it is life.
Vandana Shiva


Sources, further links and explication here.




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The World Global Settlement Funds



The White Spiritual Boy off-ledger black screen accounts - raw data


The US Federal Reserve Money Laundry Disclosure
 

The JP Morgan Blue Book. The Secret Book of Redemption.

Living through the pole shift and the global end-time tsunami

Q Channel Q Source Q Anon

The Fall of the Pentagram Five. Illuminati illusion dissolves in disarray.

Are the NESARA announcements imminent?

The Monaco Colloquium - August 2011

Corporate evil, artificial intelligence and cyberform spirituality. What is going on inside our computer networks?

Dark Pool Gold. That which glisters returns to haunt the Fed.

Agenda for Disclosure

Alcuin Bramerton Twitter

#1ab

Alcuin Bramerton Blog

Index of blog contents



Sunday, April 12, 2015

The World Global Settlement Funds

https://alcuinbramerton.blogspot.com/2010/10/world-global-settlement-funds.html
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Picture: Pallets piled with US dollar bills. The World Global Settlement Funds.

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............................................................................................................................................. (AB note: The World Global Settlement Funds, referenced on this page, should not be confused with the SG World Trust. The World Global Settlement Funds have in excess of $47 trillion to disburse to 140 nations across the globe. This due and lawful disbursement has been blocked by the Washington DC private corporation for more than three decades. The SG World Trust is much bigger, and older, than The World Global Settlement Funds.)

On this page, we deal with The World Global Settlement Funds (WGSF) at the top here. Lower down the page, we offer some background comments about the related Iraqi Dinar Revaluation story. Another closely related and urgent issue, Global Debt Forgiveness, is addressed on a separate page here. And some geopolitical background to the recent securance of the codes for the Global Collateral Accounts is outlined here (12.09.11).
............................................................................................................................................. Picture: Thursday 8th December 2022. Concerning the UN, BIS and WB.
Picture: Blade Runner memoria 2022.
Picture: The D'Avila Family Trust - Friday 22nd April 2022.
Picture: Keenan & Chiang July 2013. Global Collateral Accounts $93 quadrillion.


On the morning of Tuesday 9th August 2011, a SWIFT noticed transfer of World Global Settlement payouts from Brussels to the US was intentionally stopped by the Obama White House. This unlawful interference led to Pasadena-based attorney, Al Clifton Hodges, writing a letter of information and protest to Manuel Sager, the Swiss Ambassador to the US. Switzerland is a World Court Lien Holder nation. There is currently a $47 trillion Lien in operation against the US Treasury and the US Federal Reserve Board.

Clifton Hodges is counsel for Michael C. Cottrell. Cottrell is in charge of the $10 trillion-plus US Dollar Refunding Project and is a WGSF Basel list payee. The USDRP, like the (official) Iraqi Dinar Revaluation Project, is part of the World Global Settlements refinancing programme.

The full text of Al Clifton Hodges' Swiss letter of the 9th August 2011 can be read here. It was copied to Michael Cottrell, Lindell H. Bonney Snr ($14 trillion WGSF Authorized Signatory and Paymaster), Christine Lagarde (IMF), Chinese President Hu Jintao (Lien Holder), Queen Elizabeth II of England (Lien Holder), French President Nicolas Sarkozy, and the Washington DC private corporation president, Barack Obama. On the second page of his letter, Clifton Hodges refers to duly authorised Interpol agents currently present and active in the US on WGSF-related business.


On the evening of Thursday 28th July 2011, Barack Obama, the President of the United States, informed the World Court at The Hague that as long as he was President, he would not sign off on the World Global Settlement Funds. More background here (28.07.11).

Obama's refusal to lawfully execute his responsibilities in this specific followed upon the wide circulation of a letter dated 7th July 2011, from Lindell Bonney to Dana Wilcox (full text here). The financial data set out in this letter showed that the US income taxes expected to be paid to the US Treasury from just four of the World Global Settlement Fund-related recipient-paymasters would amount to a sum in excess of $11 trillion. This would be sufficient to pay off most of the US national deficit and would pump-prime the US Dollar Refunding Program.



Situation updates from Al Clifton Hodges

On Friday 17th June 2011, the 44th President of the United States of America, Kenyan-born Barack Obama, had on his desk in the White House Oval Office primary legislation for a US Tax Provision relating to the Iraqi Dinar Revaluation cash-in within the US. The proposed legislation requested eleven per cent tax. The President refused to sign the document until he received more money in his personal off-shore accounts.

This executive refusal to sign further delayed the due and lawful disbursement of The World Global Settlement Funds ($47 trillion), the implementation of the US Dollar Refunding Project ($10 trillion), the long-agreed global debt jubilee (universal debt forgiveness), and the introduction of the new precious metals-backed international currencies.


The text linked above is a letter dated the 17th June 2011 from Pasadena Attorney Al Clifton Hodges to the Chinese government through the Chinese Ambassador to the United States, Zhang Yesui.

The direct Chinese involvement in the internal finances of the US dates from 2009 when a $47 trillion Lien against the US Treasury and the US Federal Reserve Board was taken out by élite monetary interests in the UK and China. More here (18.06.11).

Al Clifton Hodges' letter of the 17th June 2011 was copied to Michael Cottrell (a Basel list payee for the US Dollar Refunding Project), Lindell Bonney (CIA, and also the UK's MI6 Paymaster at Bank of America, Richmond, Virginia) and Hu Jintao (President of the People's Republic of China).

The text cites the background involvement of the Kissinger-Bush-Clinton syndicate and Josef Ackermann (Deutsche Bank, Germany) in the illegal diversion of substantial tranches of the international funds for personal gain. More here (17.06.11) and here (14.06.11).


(AB note: There is more about the bona fides of the Iraqi Dinar Revaluation story at the foot of this page.)


Pasadena Attorney Al Clifton Hodges' letter of Thursday 2nd June 2011 to the government of China citing JPMorgan Chase's interference in the $10 trillion US Dollar Refunding Project
In the letter linked above, Hodges writes to the Chinese government through the Chinese Ambassador to the United States, Zhang Yesui. The subject is the World Global Settlement Funds ($47 trillion+) and the US Dollar Refunding Project ($10 trillion+).

Hodges states that although the Lien-Holder personnel in charge of completing the World Global Settlements payouts were ordered by the World Court to complete all distributions by Wednesday 1st June 2011, this was not done because of the fraudulent and illegal use of certain of the funds by JPMorgan Chase.

Hodges' purpose in writing to Zhang Yesui is to update the Chinese on the unlawful funding delay by US banking officials and to request decisive intervention by the Chinese Lien-Holder in completing disbursement of the World Global Settlement Funds. In the background is a $47 trillion Lien against the US Treasury and the US Federal Reserve Board taken out by élite monetary interests in the UK and China in 2009. More here (14.12.09).

Al Clifton Hodges' Chinese letter of the 2nd June 2011 was copied to Michael Cottrell (Basel list payee for the US Dollar Refunding Project), Lindell Bonney, Hu Jintao, Elizabeth Windsor (Queen Elizabeth II of England - Lien-Holder), Nicolas Sarkozy and Barack Obama.


Pasadena Attorney Al Clifton Hodges' letter of Thursday 26th May 2011 to G8 Heads of State citing fraudulent financial conversion involving Jamie Dimon of JPMorgan Chase
In the text of the letter linked above, Hodges addresses a criminal fraud which he states is being perpetrated in connection with the anticipated payments of the World Global Settlement Funds. In excess of $47 trillion is due to be disbursed to 140 nations across the globe. The monies concerned have been banked, ready and available for payment for the last eighteen months. More here (03.06.11).

Al Clifton Hodges reports to the G8 that Michael Cottrell, who is in charge of the $10 trillion US Dollar Refunding Project, has been advised that WGS funds transferred to JPMorgan Chase by Citibank have been commandeered for personal gain. Hodges says that the evidence circulating suggests that the principals responsible for the fraudulent financial conversion are Jamie Dimon of JPMorganChase, Dick Cheney, George Bush Snr, and John Mack of Morgan Stanley.

Al Clifton Hodges' G8 letter of the 26th May 2011 was copied to Michael Cottrell, Lindell Bonney, Barack Obama, Elizabeth Windsor (Queen Elizabeth II of England), Nicolas Sarkozy, Hu Jintao and Zhang Yesui.


Update Friday 14th January 2011 from attorney Al Clifton Hodges regarding The World Global Settlement Funds, the Dinar revaluation and the CMKX payout.

(Below, 'ER' is short for "Economic Release".)

Of particular note is the date that this is all supposed to happen: January the 21st.

As we all know, things can change, but at this moment in time, this is the current game plan.

1. There is a train for all this and the following is on the train... I have had this confirmed by one of the white knights who has been giving us information... you can believe this or not, it does not matter, but IT IS FACT... and matters not...

THE ENGINE...===THE WHITE KNIGHTS AND CHINESE... they are pulling the train and the cars are: WGS..---THE NATIONS FIRST CAR====Prosperity Programs==Humanitarian Programs SECOND CAR====THE DINAR===REVALUE AND TURNS ON THE NEW BANKING SYSTEM THIRD CAR AND CABOOSE====CMKX... and the white knight said i understand this and those who don't understand should pay attention to what i am trying to say and help... LAST IS THE DINAR ... that starts the new banking system which turns on everything... and all gets paid at once... And all those who bought dinars, well they cash out... and thus more money to help out the economies of the world...

If this is not done now, the USA and Europe will collapse with the rest of the world in 4, 5 months the most...make 1929 a picnic... this is very serious... pixie gets it... and understands...

2. Tramp understands very well what’s been going on; he is not alone – Pixie gets it, Deltadon gets it, Chucky gets it, etc. etc. etc.

3. I understand that you may not be happy with what’s going on. However, it is a fact and we are only a very small part of the pay-out scheme. We have had a great deal of ‘headwind’ in the past 6 to 9 months.

Unfortunately that is putting it altogether too mildly. We have confronted, with added pressure from the “lien-holders” without which we could not have succeeded, the vilest, most contemptible, well financed forces for evil on the planet – we have won!

A life changing event it will be for CMKX shareholders; more importantly, the world financial markets will be essentially re-constituted from the currency level up.

4. To put it another way, the World Global Settlements, including the US Dollar Refunding Project, are real. They are the instruments of change. They are part of a world wide re-distribution of wealth which includes some 20 countries revaluation [up and down] of their currency, which will become asset-backed currency.

Yes, this does include Iraq which is the cheapest of the lot and therefore had [to prevent unreasonable manipulation] to go first. The very latest information indicates that it has revalued, that it will be posted on Forex sites sometime on Sunday, and will be fully convertible in the US by Tuesday.

5. Although CMKX payments were not originally part of the WGS, they were included by attachment earlier this year. However, be assured that CMKX moneys are not currently part of the WGS; I understand from a number of different sources that Global Intelligence of Las Vegas petitioned the US Supreme Court, in camera, just after Christmas to separate CMKX pay-outs from any association or attachment with the WGS. I understand further that the Court issued an Order for the Trustees to pay-out the moneys within 48 hours, which time expired on or before December 31, 2010.

I have received further information that Global Intelligence has not effected said pay-outs, has been fined some $150,000,000 on or about January 4, 2011, and is presently incurring additional fines at the rate of $13,000,000 per week. I have not been successful in any of my attempts to secure explanation from Global Intelligence.

6. Although at first blush this lack of performance may seem potentially criminal in nature, I believe there is a reasonable explanation. I am aware, for example, that many of those I have previously referred to as ‘miscreants’ have in the interim been duly relieved of the money they stole [which has now been recovered by the US], are still feared by the new-financial-order people; the fear is that to the extent they can obtain cash/financing, they would use the IQD revaluation as a means of replenishing their war chests.

There are other reasons related to the big picture, which may also play a part in this delay. I know this will come as a shock to some and seems unfair on the surface, but the fact is that we are but a small part of what’s happening [and must happen] to correct the financial imbalance in the world.

7. Several months ago, due to the on-going delays and increased ‘headwind’ the Joint Chiefs of Staff were appointed by the World Court to supervise the conclusion of the WGS; they were given a deadline of December 31, 2010. Based upon this and the progress that was being made in early December, I opined [which has been widely reported] that if I were a betting man CMKX would be paid out by Christmas. Unfortunately, not even the JCS were up to the task. Accordingly, on January 1, 2011 the World Court appointed one of the lien holders, China, to take charge and supervise the conclusion of the WGS payouts. They are currently in charge and proceeding to bring the matter to conclusion. I am currently advised that all will be completed by January 21, 2011.

8. Prior to the recent change of process by the Chinese lien holder it was a requirement, based upon BASEL, that ER be obtained prior to the time that certain other payments could be made. As I have previously stated on many occasions we were waiting for Michael Cottrell and his companies to receive their payments as they were Number 20, the very last payee, on the BASEL list. Because the Chinese lien holder has changed the process, I now understand that Michael Cottrell will be paid on or about January 21, 2011, after all of the Prosperity Program money has been paid out which is estimated to take between 4 – 5 days.

This is no way suggests that ER continues to be a requirement of the release of CMKX payments. As set forth above, I have tried desperately to contact Global Intelligence to secure their agreement to authorize immediate release of the CMKX packages, as I believe that the reason for delaying their delivery has now evaporated.

9. I have been told by three separate independent people, each of whom attest that they have personally viewed at least one package, that the CMKX packages contain written information as well as a preliminary payment in the form of a U.S. Treasury Check in the amount of $0.80 per share. The information that has been previously placed on the boards to the effect that the packages were prepared and were ready for distribution is accurate to the best of my information, knowledge and belief. I further understand that the packages remain ready for immediate distribution as soon as Global Intelligence determines, and/or is advised, that such distribution is approved.

10. Some have inquired whether registration with the Transfer Agent makes them a bona fide shareholder; in a word – YES. Some have asked whether I have had response to the letters which I have submitted to the Queen of England and others including POTUS; I have had direct response from the Palace and have seen rapid evidence of the efficacy of the other correspondence that has been submitted.

Others have requested information regarding the identity and whereabouts of the CMKX Trustee and/or Trustees. This information can not be made public at the present time for security reasons; I am sure that you will hear more about this in the very near future.

A. Clifton Hodges (CSBN 046803) HODGES AND ASSOCIATES Pasadena

Source
here (14.01.11).





Al Clifton Hodges letter to Ben Bernanke - Wednesday 22nd September 2010

HODGES AND ASSOCIATES
A PROFESSIONAL LAW CORPORATION

A. CLIFTON HODGES
JAMES S. KOSTAS
DONALD W. RICKETTS*

* OF COUNSEL
4 EAST HOLLY STREET
SUITE 202
PASADENA, CA. 91103
TEL (626) 564-9797
FAX (626) 564-9111

September 22, 2010

VIA FACSIMILE; FED-EX; AND U.S. MAIL (202) 452-3819
Ben S. Bernanke
Chairman of the Board of Governors
Federal Reserve System
20th Street and Constitution Avenue, NW
Washington, DC 20551

Re: World Global Settlements

Dear Mr. Bernanke:

I represent Mr. Lindell H. Bonney, Sr. with respect to collection of certain funds currently being held by the Federal Reserve System; Mr. Bonney has both a personal ownership interest and a fiduciary interest in such funds. I also represent certain other payees of the World Global Settlement funds; each of these payees have exhausted their ability to continue waiting for distribution of the funds to which they are entitled.

We have been able to ascertain that these funds have been utilized, apparently with the approval and consent of the FED, for short term lending/hypothecation cycles which have allowed recovery of substantially more than 3% per day of the principal in addition to the FED transaction fee of 10%; we have now received confirmation that the FED has in fact received payment. These actions are obviously in violation of several Treaty agreements, as well as a plethora of Federal Laws and banking regulations, and expose each participant to both criminal and civil RICO actions.

The purpose of this correspondence is to put you and each member of the Board of Governors on notice of these illegal actions in connection with the continued refusal of the FED to disburse monies due to be paid to Mr. Bonney in his personal and fiduciary capacity. Although we have previously been advised that the funds were available for disbursement, “something” has always been amiss when the scheduled time has arrived. On each such occasion, Mr. Bonney was ultimately advised that the money had, for unexplained reasons, become unavailable.

Please be advised that we intend to hold you and each member of the Board of Governors jointly and severally responsible for a minimum of 10% per day recovery on the entire balance of the funds currently held for distribution to Mr. Bonney in his personal and fiduciary capacity. In the event that you and/or any of the Board of Governor members wish to discuss possible resolution of this issue please contact the undersigned directly; in the event that I fail to hear from anyone I will pursue all available remedies, including immediate disclosure of these defalcations to the media.

Very truly yours,

HODGES AND ASSOCIATES
A. CLIFTON HODGES

Cc: Mr. Lindell H. Bonney, Sr.
Lynwood Maddox, Esq.
Kevin M. Warsh
Elizabeth A. Duke
Daniel K. Tarullo
Comptroller of the Currency
Federal Reserve Bank, Richmond, VA
Federal Reserve Bank, Cleveland, OH
...........................................


Source here.


AB comment: The core global issue hinted at above is why the Chinese were in town on Wednesday 19th January 2011. This is why Barack Obama, the 44th President of the United States of America, will leave office before the natural end of his presidential term. This is why the US Federal Reserve Board and the US Department of Homeland Security will soon be abolished. This is why America is returning to Constitutional Law.

Massive geopolitical tectonic plate movements are about to break surface. The Western mainstream media will be unable to suppress the news. In January 2011, Tunisia was a model for the Washington DC private corporation to ponder. The Whore of Tunis fled to Saudi Arabia. Very soon there will be no Al-Saud Arabia available for the sheltering of parasites. And the
Wahhabi fiction will dissolve.

What is incubating now is massively benevolent for global polity, but still covert. It relates to
NESARA, the opening of Pandora's Suitcase, the discovery of a Roman Catholic Conspiracy at the heart of the US legal system, and a Silvio Berlusconi-linked $1 trillion lawsuit against Daniele Dal Bosco, the P2 masonic lodge in Italy, the Davos World Economic Forum, and the United Nations.

At the level of esoteric spirituality, or future science, the World Global Settlement Funds have some powerful proponents moving due process forwards. And there are some bizarre, low-grade opponents. Advanced, benevolent extraterrestrials are involved in energising, protecting and supplying intelligence to the humans among us charged with the task of manifesting economic delivery of the funds. And one ascended spiritual master (
Violinio Germain) has a physical office in the White House in Washington.

On the negative side, a lot of the (apparent) human beings visibly active in American politics, banking and military management are not ensouled human beings at all. They are very intelligent meat-robots, sometimes referred to as
human clones. These holographic, mind-controlled doppelgangers are doing everything they can to game the Western economic system and frustrate the lawful delivery of the international prosperity funds.

A background update on some of the ongoing élite US interference in the disbursement of The World Global Settlement Funds can be found here (25.09.11).



The Iraqi Dinar RV story

Note of caution about the Iraqi end of the Global Dinar Revaluation Programme
There may be a negative metanarrative at work on the web here. The Dinar is the official unit of currency in several countries including Algeria, Bahrain, Iraq, Jordan, Kuwait, Libya, Macedonia, Serbia and Tunisia. Specifically, it is the Iraqi dimension of the Dinar Revaluation programme which is beginning to look flakey. The following text is from the Casper intel group update of Friday 21st January 2011:

"No doubt you have noticed that I, and WE, have shied away from the Dinar Dialog going on all over the internet. First, it is not ‘our business’. Second, WE know what it is like to have ‘ignorants’ talking about our business when they know less than nothing. Third, WE do not enjoy bringing bad news to anyone about anything and do so only when WE are convinced our Intel is correct."

"In this instance WE began to hear weeks ago that the Dinar Deal was/is a SCAM being implemented by the US Corporation/Obama/Hillary/Biden. Iraq in still another attempt to save themselves. Just the latest in a long list of scams we heard, many of which were disclosed here (Casper updates on FourWinds10 and Rumor Mill News), to raise the Trillions necessary to continue their Fraudulent Financial Playpen, themselves in power, as their Bank Accounts were frozen around the world. This ‘scam’ was, we heard, the reason why Hillary was recently in the mid-east. Also Biden even more recently."

"There have been so many positive things posted about this Iraq RV. So many of you have ‘invested’ and held out hope it would work as described. Our Intel in this regard was not secret but we had no desire to discuss someone else’s business publicly, especially since our info did not agree with the positive things being posted. Recently however I have questioned whether silence is just a way of dodging what we believe to be the truth. Also whether, if I were an ‘investor’ in the Iraq Dinar RV, I would rather have all Intel available or just the ‘good news’ postings? I have decided to discuss this subject, to clear my own conscience (about remaining silent) and hopefully to help those involved who I believe are being mislead by TPTB."

"As I understand it, this was yet another plan designed by ‘the bad guys’ to raise Trillions for the purpose of continuing the status quo. To do so they planned a RV of the Dinar but it had to be backed by metals or it would remain just another worthless Fiat currency. The plan was to ‘Securitize’ the Iraqi oil ‘in the ground’ income stream for the next hundred years with derivatives using it as collateral for a metals backed re-valued Dinar."

"While small investors would have made some money it was the US Corporation which would have made the Trillions necessary to continue their scamming and world control financial machinations. This deal was, WE hear, ‘blown up’ a week ago (second week of January 2011)."

"Had it worked as planned ‘they’ would have acquired the ‘recapitalization’ of their criminal enterprise allowing them to semi-permanently continue to block the distribution of the Settlements/Prosperity Program Fundings. Now, judging by the dozens of articles appearing on the net, the world is finally awakening to the unbelievable levels of corruption that is the Obama Administration. Multiply all you are now reading by a hundred."

"Are we 100% certain about this Dinar situation? No, I am just reporting our Intel from a week ago (second week of January 2011) which has been reinforced with additional Intel today. (21.01.11)"


AB comment: If what Casper suggests above is accurate, poor old Donald Trump may have been suckered into the scam bigtime. Details here (20.01.11). Alternatively, Trump may have been deliberately running up a false flag for the benefit of the Constitutionally-illegal Washington DC private corporation. Or, of course, he might be buying sound, non-Iraqi dinars from more reliable Asian sources further east. Casper returned to the subject of the Iraqi Dinar Scam in May 2011 (fourth paragraph here - 07.05.11). And he cited an additional authority here.

On Saturday 18th June 2011, Casper returned once again to the Iraqi Dinar Revaluation story in the following words:

"Regarding the Iraq Dinar R.V. you are aware of our Intel as previously reported. From the beginning WE were informed it was another scam by TPTB looking desperately for ways to recapitalize themselves. Now comes W.H.R. #21 saying TPTB (Obama) is attempting to use this as a method of extortion. WE hear Obama is just the ‘front man’, the scheme originated with those much smarter than he (Bush)."

"WE believe, having paid close attention to this Dinar R.V. proposition for many months now, that the R.V. has already occurred. It occurred when this virtually worthless ‘wallpaper’ currency was ‘flipped’ to the general public over time via the internet for whatever multiple of worthless people were willing to pay."

"Our intell continues to say that the ‘bad guys’ will not be allowed to recapitalize themselves in this manner so naturally bad guy Obama is throwing another fit and attempting to ‘extort’ the world into making himself, the Clintons, the Bushes and many others personally wealthy and to hell with the country and the people of the country."

"Pure unadulterated EVIL is not that difficult to spot if people will simply open their eyes. While WE feel an obligation to report this negative R.V. outlook to you it is possible WE are simply wrong in our analysis or perhaps TPTB will somehow be excluded from cashing in as Iraq and the ‘regular folk’ do participate in an R.V.. WE could write more about this but it is not our business and WE are not currency experts although WE have discussed this with currency experts and many bankers from New York to Europe to China who each say ‘nothing to it’, ‘good guys not going to allow bad guys to get rich in this way’." Source: eleventh paragraph downpage here (18.06.11).


On Monday 18th July 2011, Casper returned to the Iraqi Dinar Revaluation story in the following words:

"I regret to report that nothing has changed regarding our intell about the Dinar Revaluation. WE do hear and keep up with the daily updates from many who believe in this and from many who claim to be ‘in the know’ for one reason or another. Our Banking Sources, Currency Trading Sources and ‘Players’ in Europe and China continue to say ‘nothing to it, it’s a CIA Scam’. The ‘negative side’ of this analysis continues to say “this would recapitalize the bad guys, do you think we are nuts”? With a phone call you can purchase, this morning, One Million Uncirculated Iraqi Dinars for $1240.00 Fed Res/American Dollars, which, according to true believers, will be worth many thousands of times that purchase price by ‘tomorrow’, certainly by the next day." Source: third paragraph downpage here (18.07.11).


On Thursday 26th January 2012, Casper again returned to the Iraqi Dinar Revaluation story with the following comment:

"The IQD R.V. has not happened. OUR position has not changed, we hear from ‘sources’ it is a financial scam led by Senior, Clinton, Obama and others to obtain funds to continue the ‘Status Quo’. How much money do you suppose ‘they’ have already collected from their worldwide sales of warehouse’s full of worthless Dinars? Which of the corrupt ‘Leaders’ in Iraq do you suppose are in on the scam, assuming it is a scam? It seems to us that should an R.V. occur under the current Fiat Banking System the ‘Bad Guys’ will have recapitalized ‘the status quo’ and would then block the Global Settlements and Program Disbursements permanently. For this reason WE view any R.V. as possible only AFTER the new Banking System is opened up. And by the way, those of you who have believed in the R.V. literally at any moment for the past year if not longer, where do you expect the money to come from to back, said R.V.? Iraq has no such funds and that is public knowledge. So you are going to walk into a Bank and say, here are my Dinars, pay me? Where is the Bank to obtain the funds to pay you? Do you think they pay you then send the dinars to Iraq? Iraq has no serious monetary reserves."

"That’s why our original report on this subject six or eight months ago said (sources said) Bush and his corrupt allies are trying to use Iraq’s ‘oil in the ground’ to back an R.V. of their Dinar."

"If that were allowed what do you think every third world country in the world with mineral deposits would immediately demand?" Source: fifth paragraph downpage here (26.01.12).

On Saturday 4th February 2012, Casper addressed the Iraqi Dinar Revaluation story again:

"WE continue to hear that an R.V. of the IQD is an effort by Bush and allies to generate TRILLIONS to recapitalize their Fiat World and if accomplished will result in the Global Settlements and Program Disbursements being blocked permanently. You are aware by now of Obama’s Oval Office meeting last Friday with Senior and JEB and others not shown on television. And days before that Kissinger is in China with JEB introducing him to Jinping (spelling) who is to replace Jintao this year. WE can’t prove our opinions as laid out here are right, in fact we hope they are not right. Our sources laid this Bush led IQD scenario out for us long ago when it first made news as Dinar sales lit up the internet world wide. Warehouse’s full of worthless paper, we were told at the time, being pawned off on an innocent public with the sales pitch that ‘oil in the ground’ would be used to justify a currency revaluation. Sales slow? Dump some ‘good news’ B.S. into the air waves. The interesting thing to us is that our ‘sources’, after months of knowing what others are saying, are sticking to their original investigative outcome and so far they are still 100% correct, no R.V. has occurred. This is seemingly a very critical issue. If ‘they’ obtain more Fiat Trillions from this endeavor it seems to us ‘Bad Guys Win’ or said better, they extend the Status Quo for a considerable period of time. On the other hand, if an R.V. of the Dinar is but one of 190+ currencies being simultaneously revalued then it seems reasonable that the Fed Debt Instrument known as the ‘Dollar’ would be De-Valued dramatically perhaps explaining how ridiculously high ‘rates’ being quoted on various internet web sites could be real." Source: end of third paragraph here (04.02.12).

On Tuesday 28th February 2012, Casper returned to the Iraqi Dinar Revaluation story:

"The IQD R.V. crowd waits impatiently for what we have heard from day one is an attempted scam by Bush, Clinton, Obama, etc. as they attempt to turn sows ears into silk purses by turning warehouses full of worthless paper into Trillions of Dollars for the purpose of saving their existing Corrupt and Fraudulent Fiat Financial Playpen. Our sources say that should an R.V. ever happen it will only be in the context of all the worlds currencies R.V.ing simultaneously. How much money do you reckon has been raised from ‘the people’ worldwide via the sale of Iraqi ‘Toilet Paper’? Where do you suppose that money has ended up? How much you reckon, Billions? Hundreds of Billions? More? From someone’s perspective the R.V. has already occurred. ‘They’ have already ‘cashed out’. “They” (the sellers), have declared ‘the people’ to be the ‘Enemies of the State’. Where ever you look the rape, robbery and pillaging of the people is underway while ‘they’ are simultaneously ‘herding’ the sheep (you and me) into the corrals of their Police State."

"The R.V.ed Dinar at $12.36 says some of the ‘Dinar Guru’s’. Are people really this nuts? A backwoods war torn country to have a currency 12X the value of the world’s reserve currency? Not unless the ‘Dollar’ is simultaneously devalued by 90%....Perhaps they actually mean 12 Dinars necessary to buy a Dollar giving it a value similar to the Mexican Peso, twelve to the dollar?"

"Why the never ending lies to the Dinar Crowd? To sell more Dinars obviously. They remind me of ‘us’ 20 years ago and here we sit." Source: sixth, fourteenth and seventeenth paragraphs here (28.02.12).

Picture: Anyone for Iraqi Dinars? Yes please, Lord.





The White Spiritual Boy off-ledger black screen accounts - raw data

The US Federal Reserve Money Laundry Disclosure

The JP Morgan Blue Book. The Secret Book of Redemption.

Q Channel Q Source Q Anon

The Fall of the Pentagram Five. Illuminati illusion dissolves in disarray.

The Future Historians' List

Are the NESARA announcements imminent?

Universal debt forgiveness and the imminent global debt jubilee

The Monaco Colloquium - August 2011


Agenda for Disclosure

Dark Pool Auridity. Dark Pool Gold.

The Bilocation of Hillary Clone-Clinton

Index of blog contents