About Donald Trump...

> Things you may not know about Donald Trump
> :
>
> If you are really interested in who Mr. Trump is -- this is something
> that you
> should read!
>
>
> This is a bit of a read, but if you’re following the rash of
> “politicians” running for president and you’re worried about how and
> where this country is going, then this is worth a few minutes of your time!
>
> What can he do? Love him or Hate him… It is worth a read!
>
> Trump, hopefully at least, is waking some of the RINOs up. The criticisms of
> Trump are amazingly​ missing something. They are​ lacking in ​negative
> stories from those who work for him or have had business dealings with him.
> After all the employees he’s had and all the business deals he’s made
> there is a void of criticism. In fact, long term employees call him a strong
> and merciful leader and say he is far more righteous and of high integrity​
> than people may think​ and while it may surprise many, he’s actually
> humble when it comes to his generosity and kindness. A good example is a
> story that tells of his limo breaking down on a deserted highway outside of
> New York City. A middle-aged couple stopped to help him and as a thank
> you he
> paid off their mortgage, but he didn’t brag about that. Generous and good
> people rarely talk of charity they bestow on others.​ But as much as all
> this is interesting, the real thing that people want to know is what Donald
> Trump’s plan is for America. It’s funny how so many people say they
> don’t know what it is, or they act like Trump is hiding it. The information
> is readily available if people would just do a little homework. But, since
> most Americans won't do their own research, here in no particular
> order, is an
> overview of many of Trumps positions and plans:
>
> 1. Trump believes that America should not intervene militarily in other
> country’s problems without being compensated for doing so. If America is
> going to risk the lives of our soldiers and incur the expense of going
> to war,
> then the nations we help must be willing to pay for our help. Using the Iraq
> War as an example, he cites the huge monetary expense to American taxpayers
> (over $1.5 trillion, and possibly much more depending on what sources
> are used
> to determine the cost) in addition to the cost in human life. He suggests
> that Iraq should have been required to give us enough of their oil to pay for
> the expenses we incurred. He includes in those expenses the medical
> costs for
> our military and $5 million for each family that lost a loved one in the war
> and $2 million for each family of soldiers who received severe injuries.
>
> 2. Speaking of the military, Trump wants America to have a strong military
> again. He believes the single most important function of the federal
> government is national defense. He has said he wants to find the General
> Patton or General MacArthur that could lead our military buildup back to the
> strength it needs to be. While he hasn’t said it directly that I know of,
> Trump’s attitude about America and about winning tells me he’d most likely
> be quick to eliminate rules of engagement that handicap our military in
> battle. Clearly Trump is a “win at all costs” kind of guy, and I’m sure
> that would apply to our national defense and security, too.
>
> 3. Trump wants a strong foreign policy and believes that it must include 7
> core principles (which seem to support my comment in the last point):
> · American interests come first. Always. No apologies. Maximum firepower
> and military preparedness.
> · Only go to war to win.
> · Stay loyal to your friends and suspicious of your enemies.
> · Keep the technological sword razor sharp.
> · See the unseen. Prepare for threats before they materialize.
> · Respect and support our present and past warriors.
> 4. Trump believes that terrorists who are captured should be treated as
> military combatants, not as criminals like the Obama administration treats
> them.
>
> 5. Trump makes the point that China’s manipulation of their currency has
> given them unfair advantage in our trade dealings with them. He says we must
> tax their imports to offset their currency manipulation, which will cause
> American companies to be competitive again and drive manufacturing back to
> America and create jobs here. Although he sees China as the biggest
> offender, he believes that America should protect itself from all foreign
> efforts to take our jobs and manufacturing. For example, Ford is building a
> plant in Mexico and Trump suggests that every part or vehicle Ford makes in
> Mexico be taxed 35% if they want to bring it into the U. S., which
> would cause
> companies like Ford to no longer be competitive using their Mexican
> operations
> and move manufacturing back to the U. S., once again creating jobs here.
>
> 6. Trump wants passage of NOPEC legislation (No Oil Producing and Exporting
> Cartels Act – NOPEC – S.394), which would allow the government to sue OPEC
> for violating antitrust laws. According to Trump, that would break up the
> cartel. He also wants to unleash our energy companies to drill domestically
> (sound like Sarah Palin’s ‘drill baby, drill’?) thereby increasing
> domestic production creating jobs and driving domestic costs of oil and gas
> down while reducing dependence on foreign oil.
>
> 7. Trump believes a secure border is critical for both security and
> prosperity in America. He wants to build a wall to stop illegals from
> entering
> and put controls on immigration. (And he says he’ll get Mexico to pay for
> the wall, which many have scoffed at, but given his business successes I
> wouldn’t put it past him.) He also wants to enforce our immigration laws and
> provide no path to citizenship for illegals.
>
> 8. Trump wants a radical change to the tax system to not only make it
> better for average Americans, but also to encourage businesses to stay here
> and foreign businesses to move here. The resulting influx of money to our
> nation would do wonders for our economy. He wants to make America the place
> to do business. He also wants to lower the death tax and the taxes on
> capital
> gains and dividends. This would put more than $1.6 trillion back into the
> economy and help rebuild the 1.5 million jobs we’ve lost to the current tax
> system. He also wants to charge companies who outsource jobs overseas a 20%
> tax, but for those willing to move jobs back to America they would not be
> taxed. And for citizens he has a tax plan that would allow
> Americans to keep more of what they earn and spark economic growth. He wants
> to change the personal income tax to:
> · Up to $30,000 taxed at 1%
> · From $30,000 to $100,000 taxed at 5%
> · From $100,000 to $1,000,000 taxed at 10%
> · $1,000,000 and above taxed at 15%
>
> 9. Trump wants Obamacare repealed. He says it’s a “job-killing,
> health care-destroying monstrosity” that “can’t be reformed, salvaged,
> or fixed.” He believes in allowing real competition in the health insurance
> marketplace to allow competition to drive prices down. He also believes in
> tort reform to get rid of defensive medicine and lower costs.
>
> 10. Trump wants spending reforms in Washington, acknowledging that America
> spends far more than it receives in revenue. He has said he believes that if
> we don’t stop increasing the national debt once it hits $24 trillion it will
> be impossible to save this country.
>
> 11. Even though he says we need to cut spending, he does not want to harm
> those on Medicare, Medicaid, or Social Security. He believes that the
> citizens have faithfully paid in to the system to have these services
> available and that the American government has an obligation to fulfill its
> end of the bargain and provide those benefits. Therefore, he wants to build
> the economy up so that we have the revenue to pay those costs without
> cutting the benefits to the recipients. He disagrees with Democrats
> who think
> raising taxes is the answer and says that when you do that you stifle the
> economy. On the other hand, when you lower taxes and create an environment to
> help businesses they will grow, hire more workers, and those new workers will
> be paying taxes that become more tax revenue for the government.
>
> 12. Trump also wants reform of the welfare state saying that America needs
> “a safety net, not a hammock.” He believes in a welfare to work program
> that would help reduce the welfare roles and encourage people to get back to
> work. And he wants a crackdown on entitlement fraud.
>
> 13. Trump believes climate change is a hoax.
>
> 14. Trump opposes Common Core.
>
> 15. Trump is pro-life, although he allows for an exception due to rape,
> incest, or the life of the mother.
>
> 16. Trump is pro 2nd Amendment rights.
>
> 17. Trump’s view on same-sex marriage is that marriage is between a man and
> a woman, but he also believes that this is a states rights issue, not a
> federal issue.
>
> 18. Trump supports the death penalty. Trump believes that there is a lack of
> common sense, innovative thinking in Washington (Hmmm… looks like he
> believes in horse sense!). He says it’s about seeing the unseen and
> that’s the kind of thinking we need to turn this country around. He tells a
> personal story to illustrate the point: “When I opened Trump National Golf
> Club at Rancho Palos Verdes in Los Angeles, I was immediately told that I
> would need to build a new and costly ballroom. The current ballroom was
> gorgeous, but it only sat 200 people and we were losing business because
> people needed a larger space for their events. Building a new ballroom would
> take years to get approval and permits (since it’s on the Pacific Ocean),
> and cost about $5 million. I took one look at the ballroom and saw
> immediately
> what needed to be done. The problem wasn’t the size of the room, it was the
> size of the chairs. They were huge, heavy, and unwieldy. We didn’t need a
> bigger ballroom, we needed smaller chairs! So I had them replaced with
> high-end, smaller chairs. I then had our people sell the old chairs and got
> more money for them than the cost of the new chairs. In the end, the
> ballroom
> went from seating 200 people to seating 320 people. Our visitors got the
> space they desired, and I spared everyone the hassle of years of construction
> and $5 million of expense. It’s amazing what you can accomplish with a
> little common sense.” On top of his saving years of construction and $5
> million in expenses, he also was able to keep the ballroom open for business
> during the time it would have been under remodeling, which allowed him to
> continue to make money on the space instead of losing that revenue during
> construction time.
>
> Donald Trump’s entire life has been made up of success and winning. He’s
> been accused of bankruptcies, but that’s not true. He’s never filed
> personal bankruptcy. He’s bought companies and legally used bankruptcy laws
> to restructure their debt, just as businesses do all the time. But he’s
> never been bankrupt personally. He’s a fighter that clearly loves America
> and would fight for our nation. Earlier I quoted Trump saying, “I love
> America. And when you love something, you protect it passionately…
> fiercely, even.” We never hear that from Democrats or even from most
> Republicans. Donald Trump is saying things that desperately need to be said
> but no other candidate has shown the fortitude to stand up and say them.
> Looking over this list of what he wants for America I see a very
> necessary set
> of goals that are long past due. Before we criticize someone because the
> media does, maybe we should seriously consider what he has to offer.
>
> P.S. added by BOB (and I agree wholeheartedly): As I see it, his main
> problem
> is his arrogance, but there's an old saying "if you can do it, it ain't
> bragging".
>

BREAKING FREE

Aren't you tired of being kicked around by municipal corporations masquerading as government? If you want to help end that, I suggest that you start asserting that you live in a State of the Union rather than in a federal region ZIP code. 

You see, the LAST part of an address contains everything BEFORE it, in it. So if the last part of your address is a ZIP code, then you've identified yourself living in a FEDERAL REGION, where muni corporations RULE.

So if you want to return back to the Republic, you gotta START by using a PROPER address in a State of the Union, which has the State Name as the LAST part of the address. Furthermore, since there are no ZIP codes in States of the Union, you gotta use POSTAL ROUTE instead of ZIP code.

EXACTLY Like this:

Jaro Henry Smith
123 Main street
Costa Mesa, Orange county
postal route 92627, California

Now that's a PLACE IN our REPUBLIC, not in some crappy federal region! Or just remain complacent and wait for Martial law, when the only option will be to pay for your freedom in blood.

And when you start using such proper addressing in ANY and ALL cases, and refuse to do otherwise, then you can consider yourself a Son of the Republic, and start living in a free country.

Here's what happens to free people when they submit to municipal corporations by use of ZIP codes; millions are jailed for victim-less "crimes":

It'd also be a good idea to stop identifying yourself as a federal citizen, and start asserting your citizenship of the Republic, which is CALIFORNIAN, TEXAN, FLORIDIAN, etc.

 

BTW, US citizenship is a citizenship of DISTRICT OF COLUMBIA, AKA the United States, and if one can be a citizen of a 10-mile square federal area which isn't even a State, then one CERTAINLY can be a Citizen of a State of the Union!

As you can see below, you're not an American if you claim to be a US citizen, as that means a citizen of the FEDERAL gov't (District of Columbia). Only the 50 states of the Union and THEIR Citizens, are American.

"The United States is located in the District of Columbia." - California Commercial Code 9307 h)

“The United States Government is a foreign corporation with respect to a state.” Volume 20: Corpus Juris Secundum, (P 1785: NY re: Merriam 36 N.E. 505 1441 S.Ct. 1973, 41 L. Ed. 287)

Here's what makes US jurisdiction clear:
“The laws of Congress in respect to those matters do not extend into the territorial limits of the states, but have force only in the District of Columbia , and other places that are within the exclusive jurisdiction of the national government.” CAHA v. U.S., 152 U.S. 211 (1894)

U.S. Code, Title 28 – JUDICIARY AND JUDICIAL PROCEDURE, (Chapter 176) Section 3002 (15) (a, b, & c); ~
(15) ” United States ” means – (A) a Federal corporation; (B) an agency, department, commission, board, or other entity of the United States; (C) an instrumentality of the United States

"The IRS is not a U.S. Government Agency. It is an Agency of the IMF." (Diversified Metal Products v. IRS et al. CV-93-405E-EJE U.S.D.C.D.I., Public Law 94-564, Senate Report 94-1148 pg. 5967, Reorganization Plan No. 26, Public Law 102-391.)

The IMF is an Agency of the UN. (Blacks Law Dictionary 6th Ed. Pg. 816)

The U.S. has not had a Treasury since 1921. (41 Stat. Ch.214 pg. 654)
The U.S. Treasury is now the IMF. (Presidential Documents Volume 29-No.4 pg. 113, 22 U.S.C. 285-288)

The FCC, CIA, FBI, NASA and all of the other alphabet gangs were never part of the United States government, even though the "US Government" held shares of stock in the various Agencies. (U.S. V. Strang, 254 US 491, Lewis v. US, 680 F.2d, 1239)

************************************

BTW, while federal enclaves/regions can be WITHIN the territorial limits of a State (of the Union), they are WITHOUT the State, as the State has no jurisdiction inside of them. Only Congress has an exclusive jurisdiction in those federal regions, but also its municipal corporations, such as CITY of XYZ or STATE of XYZ.

And that obviously includes federal ZIP regions. I.e. CITY of XYZ and STATE of XYZ are MUNICIPAL corporations of United States, NOT dejure governments of the Republic, and they operate in federal ZIP regions.

You too can become multilingual...

'Californian to Texan' Translation Guide Due to the large number of jobs moving from California to Texas, the Lone Star State has compiled a 'Californian to Texan' Translation Guide, asfollows: CALIFORNIAN WORDS: TEXAN WORDS: Arsenal of Weapons Gun Collection Delicate Wetlands Swamp Undocumented Worker Illegal Alien Cruelty-Free Materials Synthetic Fiber Assault and Battery Attitude Adjustment Heavily Armed Well-protected Narrow-minded Righteous Taxes or Your Fair Share Coerced Theft Commonsense Gun Control Gun Confiscation Plot Illegal Hazardous Explosives Fireworks for Stump Removal Non-viable Tissue Mass Unborn Baby Equal Access to Opportunity Socialism Multicultural Community High Crime Area Fairness or Social Progress Marxism Upper Class or "The Rich " Self-Employed Progressive, Change Big Government Scheme Homeless or Disadvantaged Bums or Welfare Leeches Sniper Rifle Scoped Deer Rifle Investment For the Future Higher Taxes Healthcare Reform Socialized Medicine Extremist, Judgmental, or Hater Conservative Truants Homeschoolers Victim or Oppressed Criminal or Lazy Good-For-Nothing High Capacity Magazine Standard Capacity Magazine Religious Zealot Church-going Reintroduced Wolves Sheep and Deer Killers Fair Trade Coffee Overpriced Yuppie Coffee Exploiters or "The Rich " Employed or Land Owner The Gun Lobby NRA Members Assault Weapon Semi-Auto (Grandpa's M1 Carbine) Fiscal Stimulus New Taxes and Higher Taxes Same Sex Marriage Legalized Perversion Mandated Eco-Friendly Lighting Chinese Mercury-Laden Light Bulbs Now you too are multi-lingual.

DON''T GIVE UP YOUR GUNS!!!

ROLLING STONE: “Conspiracy Theorists Of The World, Believers In The Hidden Hands Of The Rothschilds, We Skeptics Owe You An Apology.”

Posted on May 1, 2013 by Jean

http://jhaines6.wordpress.com/2013/05/01/rolling-stone-conspiracy-theorists-of-the-world-believers-in-the-hidden-hands-of-the-rothschilds-we-skeptics-owe-you-an-apology/

Source: PoliticalVelcraft

http://politicalvelcraft.org/2013/04/30/rolling-stone-conspiracy-theorists-of-the-world-believers-in-the-hidden-hands-of-the-rothschilds-ww-skeptics-owe-you-an-apology/

http://www.rollingstone.com/politics/news/everything-is-rigged-the-biggest-financial-scandal-yet-20130425

Guy Fawkes ~ Father Of Vendetta Anonymous.

Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this out in recent months, when a series of related corruption stories spilled out of the financial sector, suggesting the world’s largest banks may be fixing the prices of, well, just about everything.

You may have heard of the Libor scandal, in which at least three – and perhaps as many as 16 – of the name-brand too-big-to-fail banks have been manipulating global interest rates, in the process messing around with the prices of upward of $500 trillion (that’s trillion, with a “t”) worth of financial instruments. When that sprawling con burst into public view last year, it was easily the biggest financial scandal in history – MIT professor Andrew Lo even said it “dwarfs by orders of magnitude any financial scam in the history of markets.”

That was bad enough, but now Libor may have a twin brother. Word has leaked out that the London-based firm ICAP, the world’s largest broker of interest-rate swaps, is being investigated by American authorities for behavior that sounds eerily reminiscent of the Libor mess. Regulators are looking into whether or not a small group of brokers at ICAP may have worked with up to 15 of the world’s largest banks to manipulate ISDAfix, a benchmark number used around the world to calculate the prices of interest-rate swaps.

Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It’s about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget.

1. Rothschild

1. Psychiatry: The True Shadow Government ~ Tavistock Where Deception Is Taught.

It should surprise no one that among the players implicated in this scheme to fix the prices of interest-rate swaps are the same megabanks – including Barclays, UBS, Bank of America, JPMorgan Chase and the Royal Bank of Scotland – that serve on the Libor panel that sets global interest rates.

In fact, in recent years many of these banks have already paid multimillion-dollar settlements for anti-competitive manipulation of one form or another (in addition to Libor, some were caught up in an anti-competitive scheme, detailed in Rolling Stone last year, to rig municipal-debt service auctions).

Though the jumble of financial acronyms sounds like gibberish to the layperson, the fact that there may now be price-fixing scandals involving both Libor and ISDAfix suggests a single, giant mushrooming conspiracy of collusion and price-fixing hovering under the ostensibly competitive veneer of Wall Street culture.

Creator Of The World’s Mafia ~ Rothschild

The Scam Wall Street Learned From the Mafia

The New World Order is “Communism”: Also Known As Rothschildism Or More Bluntly Robbery!

Why? Because Libor already affects the prices of interest-rate swaps, making this a manipulation-on-manipulation situation. If the allegations prove to be right, that will mean that swap customers have been paying for two different layers of price-fixing corruption. If you can imagine paying 20 bucks for a crappy PB&J because some evil cabal of agribusiness companies colluded to fix the prices of both peanuts and peanut butter, you come close to grasping the lunacy of financial markets where both interest rates and interest-rate swaps are being manipulated at the same time, often by the same banks.

“It’s a double conspiracy,” says an amazed Michael Greenberger, a former director of the trading and markets division at the Commodity Futures Trading Commission and now a professor at the University of Maryland. “It’s the height of criminality.”

The bad news didn’t stop with swaps and interest rates. In March, it also came out that two regulators – the CFTC here in the U.S. and the Madrid-based International Organization of Securities Commissions – were spurred by the Libor revelations to investigate the possibility of collusive manipulation of gold and silver prices. “Given the clubby manipulation efforts we saw in Libor benchmarks, I assume other benchmarks – many other benchmarks – are legit areas of inquiry,” CFTC Commissioner Bart Chilton said.

But the biggest shock came out of a federal courtroom at the end of March – though if you follow these matters closely, it may not have been so shocking at all – when a landmark class-action civil lawsuit against the banks for Libor-related offenses was dismissed. In that case, a federal judge accepted the banker-defendants’ incredible argument: If cities and towns and other investors lost money because of Libor manipulation, that was their own fault for ever thinking the banks were competing in the first place.

1. 9/11 Completely Unmasked: Black 9/11~ Money, Motive, Technology, & Deniability!

“A farce,” was one antitrust lawyer’s response to the eyebrow-raising dismissal.

“Incredible,” says Sylvia Sokol, an attorney for Constantine Cannon, a firm that specializes in antitrust cases.

All of these stories collectively pointed to the same thing: These banks, which already possess enormous power just by virtue of their financial holdings – in the United States, the top six banks, many of them the same names you see on the Libor and ISDAfix panels, own assets equivalent to 60 percent of the nation’s GDP – are beginning to realize the awesome possibilities for increased profit and political might that would come with colluding instead of competing. Moreover, it’s increasingly clear that both the criminal justice system and the civil courts may be impotent to stop them, even when they do get caught working together to game the system.

If true, that would leave us living in an era of undisguised, real-world conspiracy, in which the prices of currencies, commodities like gold and silver, even interest rates and the value of money itself, can be and may already have been dictated from above. And those who are doing it can get away with it. Forget the Illuminati – this is the real thing, and it’s no secret. You can stare right at it, anytime you want.

he banks found a loophole, a basic flaw in the machine. Across the financial system, there are places where prices or official indices are set based upon unverified data sent in by private banks and financial companies. In other words, we gave the players with incentives to game the system institutional roles in the economic infrastructure.

Libor, which measures the prices banks charge one another to borrow money, is a perfect example, not only of this basic flaw in the price-setting system but of the weakness in the regulatory framework supposedly policing it. Couple a voluntary reporting scheme with too-big-to-fail status and a revolving-door legal system, and what you get is unstoppable corruption.

Every morning, 18 of the world’s biggest banks submit data to an office in London about how much they believe they would have to pay to borrow from other banks. The 18 banks together are called the “Libor panel,” and when all of these data from all 18 panelist banks are collected, the numbers are averaged out. What emerges, every morning at 11:30 London time, are the daily Libor figures.

Banks submit numbers about borrowing in 10 different currencies across 15 different time periods, e.g., loans as short as one day and as long as one year. This mountain of bank-submitted data is used every day to create benchmark rates that affect the prices of everything from credit cards to mortgages to currencies to commercial loans (both short- and long-term) to swaps.

Jacob Rothschild

Gangster Bankers Broke Every Law in the Book

Putin’s Purge Of The Rothschild Money Changers From Russia: Another Rothschild Goon Found Dead & Another Flees To U.K.

Dating back perhaps as far as the early Nineties, traders and others inside these banks were sometimes calling up the company geeks responsible for submitting the daily Libor numbers (the “Libor submitters”) and asking them to fudge the numbers. Usually, the gimmick was the trader had made a bet on something – a swap, currencies, something – and he wanted the Libor submitter to make the numbers look lower (or, occasionally, higher) to help his bet pay off.

Famously, one Barclays trader monkeyed with Libor submissions in exchange for a bottle of Bollinger champagne, but in some cases, it was even lamer than that. This is from an exchange between a trader and a Libor submitter at the Royal Bank of Scotland:

SWISS FRANC TRADER: can u put 6m swiss libor in low pls?…
PRIMARY SUBMITTER: Whats it worth
SWSISS FRANC TRADER: ive got some sushi rolls from yesterday?…
PRIMARY SUBMITTER: ok low 6m, just for u
SWISS FRANC TRADER: wooooooohooooooo. . . thatd be awesome

Screwing around with world interest rates that affect billions of people in exchange for day-old sushi – it’s hard to imagine an image that better captures the moral insanity of the modern financial-services sector.

Hundreds of similar exchanges were uncovered when regulators like Britain’s Financial Services Authority and the U.S. Justice Department started burrowing into the befouled entrails of Libor. The documentary evidence of anti-competitive manipulation they found was so overwhelming that, to read it, one almost becomes embarrassed for the banks. “It’s just amazing how Libor fixing can make you that much money,” chirped one yen trader. “Pure manipulation going on,” wrote another.

Yet despite so many instances of at least attempted manipulation, the banks mostly skated. Barclays got off with a relatively minor fine in the $450 million range, UBS was stuck with $1.5 billion in penalties, and RBS was forced to give up $615 million. Apart from a few low-level flunkies overseas, no individual involved in this scam that impacted nearly everyone in the industrialized world was even threatened with criminal prosecution.

Two of America’s top law-enforcement officials, Attorney General Eric Holder and former Justice Department Criminal Division chief Lanny Breuer, confessed that it’s dangerous to prosecute offending banks because they are simply too big. Making arrests, they say, might lead to “collateral consequences” in the economy.

The relatively small sums of money extracted in these settlements did not go toward reparations for the cities, towns and other victims who lost money due to Libor manipulation. Instead, it flowed mindlessly into government coffers. So it was left to towns and cities like Baltimore (which lost money due to fluctuations in their municipal investments caused by Libor movements), pensions like the New Britain, Connecticut, Firefighters’ and Police Benefit Fund, and other foundations – and even individuals (billionaire real-estate developer Sheldon Solow, who filed his own suit in February, claims that his company lost $450 million because of Libor manipulation) – to sue the banks for damages.

One of the biggest Libor suits was proceeding on schedule when, early in March, an army of superstar lawyers working on behalf of the banks descended upon federal judge Naomi Buchwald in the Southern District of New York to argue an extraordinary motion to dismiss. The banks’ legal dream team drew from heavyweight Beltway-connected firms like Boies Schiller (you remember David Boies represented Al Gore), Davis Polk (home of top ex-regulators like former SEC enforcement chief Linda Thomsen) and Covington & Burling, the onetime private-practice home of both Holder and Breuer.

Rothschild Bank Dick

The presence of Covington & Burling in the suit – representing, of all companies, Citigroup, the former employer of current Treasury Secretary Jack Lew – was particularly galling. Right as the Libor case was being dismissed, the firm had hired none other than Lanny Breuer, the same Lanny Breuer who, just a few months before, was the assistant attorney general who had balked at criminally prosecuting UBS over Libor because, he said, “Our goal here is not to destroy a major financial institution.”

In any case, this all-star squad of white-shoe lawyers came before Buchwald and made the mother of all audacious arguments. Robert Wise of Davis Polk, representing Bank of America, told Buchwald that the banks could not possibly be guilty of anti- competitive collusion because nobody ever said that the creation of Libor was competitive. “It is essential to our argument that this is not a competitive process,” he said. “The banks do not compete with one another in the submission of Libor.”

If you squint incredibly hard and look at the issue through a mirror, maybe while standing on your head, you can sort of see what Wise is saying. In a very theoretical, technical sense, the actual process by which banks submit Libor data – 18 geeks sending numbers to the British Bankers’ Association offices in London once every morning – is not competitive per se.

BREAKING => CNN Goldman Sachs & The Rothschild Zionist Matrix: Landmark Case ~ Rothschildism Delineated From Abrahamic Judaism!!

But these numbers are supposed to reflect interbank-loan prices derived in a real, competitive market. Saying the Libor submission process is not competitive is sort of like pointing out that bank robbers obeyed the speed limit on the way to the heist. It’s the silliest kind of legal sophistry.

But Wise eventually outdid even that argument, essentially saying that while the banks may have lied to or cheated their customers, they weren’t guilty of the particular crime of antitrust collusion. This is like the old joke about the lawyer who gets up in court and claims his client had to be innocent, because his client was committing a crime in a different state at the time of the offense.

“The plaintiffs, I believe, are confusing a claim of being perhaps deceived,” he said, “with a claim for harm to competition.”

Judge Buchwald swallowed this lunatic argument whole and dismissed most of the case. Libor, she said, was a “cooperative endeavor” that was “never intended to be competitive.” Her decision “does not reflect the reality of this business, where all of these banks were acting as competitors throughout the process,” said the antitrust lawyer Sokol. Buchwald made this ruling despite the fact that both the U.S. and British governments had already settled with three banks for billions of dollars for improper manipulation, manipulation that these companies admitted to in their settlements.

Russia Tells United States Citizens Not To Give Up Your Guns: We Learned From Experience Fighting Rothschild’s Banking Schemes!

Putin Bans Russian Officials From Owning Foreign Rothschild Bank Accounts & Stock! Ending The NWO Cabal….

Michael Hausfeld of Hausfeld LLP, one of the lead lawyers for the plaintiffs in this Libor suit, declined to comment specifically on the dismissal. But he did talk about the significance of the Libor case and other manipulation cases now in the pipeline.

“It’s now evident that there is a ubiquitous culture among the banks to collude and cheat their customers as many times as they can in as many forms as they can conceive,” he said. “And that’s not just surmising. This is just based upon what they’ve been caught at.”

Greenberger says the lack of serious consequences for the Libor scandal has only made other kinds of manipulation more inevitable. “There’s no therapy like sending those who are used to wearing Gucci shoes to jail,” he says. “But when the attorney general says, ‘I don’t want to indict people,’ it’s the Wild West. There’s no law.”

Treason: Will Obama Be Arrested For Murder?

The problem is, a number of markets feature the same infrastructural weakness that failed in the Libor mess. In the case of interest-rate swaps and the ISDAfix benchmark, the system is very similar to Libor, although the investigation into these markets reportedly focuses on some different types of improprieties.

Though interest-rate swaps are not widely understood outside the finance world, the root concept actually isn’t that hard. If you can imagine taking out a variable-rate mortgage and then paying a bank to make your loan payments fixed, you’ve got the basic idea of an interest-rate swap.

In practice, it might be a country like Greece or a regional government like Jefferson County, Alabama, that borrows money at a variable rate of interest, then later goes to a bank to “swap” that loan to a more predictable fixed rate. In its simplest form, the customer in a swap deal is usually paying a premium for the safety and security of fixed interest rates, while the firm selling the swap is usually betting that it knows more about future movements in interest rates than its customers.

Prices for interest-rate swaps are often based on ISDAfix, which, like Libor, is yet another of these privately calculated benchmarks. ISDAfix’s U.S. dollar rates are published every day, at 11:30 a.m. and 3:30 p.m., after a gang of the same usual-suspect megabanks (Bank of America, RBS, Deutsche, JPMorgan Chase, Barclays, etc.) submits information about bids and offers for swaps.

And here’s what we know so far: The CFTC has sent subpoenas to ICAP and to as many as 15 of those member banks, and plans to interview about a dozen ICAP employees from the company’s office in Jersey City, New Jersey. Moreover, the International Swaps and Derivatives Association, or ISDA, which works together with ICAP (for U.S. dollar transactions) and Thomson Reuters to compute the ISDAfix benchmark, has hired the consulting firm Oliver Wyman to review the process by which ISDAfix is calculated.

Oliver Wyman is the same company that the British Bankers’ Association hired to review the Libor submission process after that scandal broke last year. The upshot of all of this is that it looks very much like ISDAfix could be Libor all over again.

“It’s obviously reminiscent of the Libor manipulation issue,” Darrell Duffie, a finance professor at Stanford University, told reporters. “People may have been naive that simply reporting these rates was enough to avoid manipulation.”

And just like in Libor, the potential losers in an interest-rate-swap manipulation scandal would be the same sad-sack collection of cities, towns, companies and other nonbank entities that have no way of knowing if they’re paying the real price for swaps or a price being manipulated by bank insiders for profit. Moreover, ISDAfix is not only used to calculate prices for interest-rate swaps, it’s also used to set values for about $550 billion worth of bonds tied to commercial real estate, and also affects the payouts on some state-pension annuities.

So although it’s not quite as widespread as Libor, ISDAfix is sufficiently power-jammed into the world financial infrastructure that any manipulation of the rate would be catastrophic – and a huge class of victims that could include everyone from state pensioners to big cities to wealthy investors in structured notes would have no idea they were being robbed.

“How is some municipality in Cleveland or wherever going to know if it’s getting ripped off?” asks Michael Masters of Masters Capital Management, a fund manager who has long been an advocate of greater transparency in the derivatives world. “The answer is, they won’t know.”

Rothschild’s Handbook For Banker’s World Control: Elders Of Zion

Worse still, the CFTC investigation apparently isn’t limited to possible manipulation of swap prices by monkeying around with ISDAfix. According to reports, the commission is also looking at whether or not employees at ICAP may have intentionally delayed publication of swap prices, which in theory could give someone (bankers, cough, cough) a chance to trade ahead of the information.

Swap prices are published when ICAP employees manually enter the data on a computer screen called “19901.” Some 6,000 customers subscribe to a service that allows them to access the data appearing on the 19901 screen.

The key here is that unlike a more transparent, regulated market like the New York Stock Exchange, where the results of stock trades are computed more or less instantly and everyone in theory can immediately see the impact of trading on the prices of stocks, in the swap market the whole world is dependent upon a handful of brokers quickly and honestly entering data about trades by hand into a computer terminal.

Any delay in entering price data would provide the banks involved in the transactions with a rare opportunity to trade ahead of the information. One way to imagine it would be to picture a racetrack where a giant curtain is pulled over the track as the horses come down the stretch – and the gallery is only told two minutes later which horse actually won. Anyone on the right side of the curtain could make a lot of smart bets before the audience saw the results of the race.

At ICAP, the interest-rate swap desk, and the 19901 screen, were reportedly controlled by a small group of 20 or so brokers, some of whom were making millions of dollars. These brokers made so much money for themselves the unit was nicknamed “Treasure Island.”

100 Million Americans In Or Approaching Poverty: Treasonist & CFR’s Mikhail Gorbachev “Our Aim Is To Disarm The Americans And Let Them Fall Asleep.”

Already, there are some reports that brokers of Treasure Island did create such intentional delays. Bloomberg interviewed a former broker who claims that he watched ICAP brokers delay the reporting of swap prices. “That allows dealers to tell the brokers to delay putting trades into the system instead of in real time,” Bloomberg wrote, noting the former broker had “witnessed such activity firsthand.” An ICAP spokesman has no comment on the story, though the company has released a statement saying that it is “cooperating” with the CFTC’s inquiry and that it “maintains policies that prohibit” the improper behavior alleged in news reports.

The idea that prices in a $379 trillion market could be dependent on a desk of about 20 guys in New Jersey should tell you a lot about the absurdity of our financial infrastructure. The whole thing, in fact, has a darkly comic element to it. “It’s almost hilarious in the irony,” says David Frenk, director of research for Better Markets, a financial-reform advocacy group, “that they called it ISDAfix.”

After scandals involving libor and, perhaps, ISDAfix, the question that should have everyone freaked out is this: What other markets out there carry the same potential for manipulation? The answer to that question is far from reassuring, because the potential is almost everywhere. From gold to gas to swaps to interest rates, prices all over the world are dependent upon little private cabals of cigar-chomping insiders we’re forced to trust.

Warren Buffett

“In all the over-the-counter markets, you don’t really have pricing except by a bunch of guys getting together,” Masters notes glumly.

America’s Hemorrhoid Warren Buffett: His Wealth Stems from Violence, Coercion, Imperialism, Statism, & His Firms Receiving $95 Billion In Bailout Cash From U.S. Tax Payers!

That includes the markets for gold (where prices are set by five banks in a Libor-ish teleconferencing process that, ironically, was created in part by N M Rothschild & Sons) and silver (whose price is set by just three banks), as well as benchmark rates in numerous other commodities – jet fuel, diesel, electric power, coal, you name it. The problem in each of these markets is the same: We all have to rely upon the honesty of companies like Barclays (already caught and fined $453 million for rigging Libor) or JPMorgan Chase (paid a $228 million settlement for rigging municipal-bond auctions) or UBS (fined a collective $1.66 billion for both muni-bond rigging and Libor manipulation) to faithfully report the real prices of things like interest rates, swaps, currencies and commodities.

All of these benchmarks based on voluntary reporting are now being looked at by regulators around the world, and God knows what they’ll find. The European Federation of Financial Services Users wrote in an official EU survey last summer that all of these systems are ripe targets for manipulation. “In general,” it wrote, “those markets which are based on non-attested, voluntary submission of data from agents whose benefits depend on such benchmarks are especially vulnerable of market abuse and distortion.”

Translation: When prices are set by companies that can profit by manipulating them, we’re fucked.

“You name it,” says Frenk. “Any of these benchmarks is a possibility for corruption.”

The only reason this problem has not received the attention it deserves is because the scale of it is so enormous that ordinary people simply cannot see it. It’s not just stealing by reaching a hand into your pocket and taking out money, but stealing in which banks can hit a few keystrokes and magically make whatever’s in your pocket worth less. This is corruption at the molecular level of the economy, Space Age stealing – and it’s only just coming into view.

http://www.rollingstone.com/politics/news/everything-is-rigged-the-biggest-financial-scandal-yet-20130425

ROLLING STONE

JACOB ROTHSCHILD

Naming Names ~ Your Hijacked Government: The Revolution Will Commence When We Identify!

Obama & Hitler From No Where: Thats How Rothschild Likes It.

Related articles

• Rolling Stone: “We Owe You Conspiracy Theorists An Apology” (zengardner.com)
• The Biggest Price-Fixing Scandal Ever | Politics News | Rolling Stone (2012indyinfo.com)
• “The Illuminati Were Amateurs” – Matt Taibbi Explains How “Everything Is Rigged” (zerohedge.com)
• Price Fixing of the Highest Order (darkgovernment.com)
• Politics & NWO – Re: Everything Is Rigged: The Biggest Price-Fixing Scandal E (disclose.tv)
• ROLLING STONE: “CONSPIRACY THEORISTS OF THE WORLD, Believers In The Hidden Hands Of THE ROTHSCHILDS AND The MASONS And The ILLUMINATI, WE SKEPTICS OWE YOU AN APOLOGY.”(secretsofthefed.com)