1958 Prediction – America’s Destruction from the insiders.
1958 Prediction – America’s Destruction from the insiders.
Posted by PRESS Core Corruption, World news Friday, May 18th, 2012
https://www.youtube.com/watch?v=mqXVYTKKMec#t=104
http://presscore.ca/2012/wp-content/...dman-Sachs.jpgThe Insiders - JP Morgan Chase and Goldman Sachs control the White House
In 1958 Robert Welch founder of John Birch Society disclosed in a speech that America is going to be destroyed from within. Mr Welch goes on to tell how this will be done and destroy our liberties.
Welch had been an opponent of Communism. He was a strong believer in various conspiracies in which he believed a wide range of individuals and organizations were part of an international Communist plot. In his own words, the American people consisted of four groups: “Communists, communist dupes or sympathizers, the uninformed who have yet to be awakened to the communist danger, and the ignorant.”
In the 1960s, Welch began to believe that even the Communists were not the top level of his perceived conspiracy and began saying that Communism was just a front for a Master Conspiracy, which had roots in the Illuminati; the essay “The Truth in Time” is an example. He referred to the Conspirators as “The Insiders,” seeing them mainly in internationalist financial and business families such as the Rothschilds and Rockefellers, and organizations such as the Bilderbergers, the Council on Foreign Relations, and the Trilateral Commission.
Even the Vatican is touched by “The Insiders”. On March 19, 2012 it was reported that Rockefeller bank, JPMorgan Chase is shutting down the Vatican’s bank account due to a “lack of transparency”. “The Vatican bank, also known as the Institute for Works of Religion (IOR), is having its account phased out and closed by March 30,” Business Insider’s Julia La Roche reports, “because it apparently ‘failed to provide sufficient information on money transfers.’” This is a major setback for the Holy See as it attempts to qualify for Europe’s “white list” of financial institutions that meet all international regulatory standards on money-laundering and tax fraud.
Why close their Vartican account? The Vatican has been suspected of engaging in financial fraud and is being investigated. Regulators are investigating €1.5 billion that passed through the Vatican’s Milan account. Investigators refer to this account as a “sweeping facility,” which means the account was emptied at the end of each day for an 18-months period and all funds were transferred to another IOR account in Germany, according to Il Sole 24 Ore.
The Vatican is still dealing with negative press it received in September, 2010, when investigators froze €23 million ($33 million) in funds in two Italian banks after opening an investigation into possible money-laundering scheme.
“The bank said it did nothing wrong and was just transferring funds between its own accounts. The money was released in June 2011 but Rome magistrates are continuing their probe,” Reuters reports.
The timing of the Rockefeller bank’s decision suggests the financial fraud and money laundering scheme was carried out by JP Morgan Chase. JP Morgan Chase is closing its accounts before regulators trace the illegal activities back to them. JP Morgan Chase was used by Bernard Madoff to “to shuttle money back and forth between his U.S. and London operations, to make it appear he was executing trades in European markets” as he told federal regulators. Madoff used his Chase account to defraud investors, and took money for himself. In court, Madoff pleaded guilty to 11 counts of fraud, from wire transfer to money-laundering.
One puzzler for investigators in Madoff’s $65 billion Ponzi scheme is why the multibillion-dollar JP Morgan Chase account never came under suspicion by internal bank compliance systems or managers in charge of Madoff’s account. Just months before Madoff was arrested JP MOrgan Chase withdrew $250 million from a Madoff feeder fund, Fairfield Greenwich.
One lawyer, Howard Kleinhendler, of Wachtel & Masyr LLP, who was following the money trail believes Madoff’s Chase account was “suspicious” and should have been shut down the moment the JP MOrgan Chase pulled its funds from Fairfield Greenwich.
Chase took this action because it became “concerned about the lack of transparency,” and its due diligence “raised doubts” about Madoff’s operation. “Concerned about the lack of transparency” is exactly the same reason given by JP MOrgan Chase for withdrawing is funds and closing its account with the Vatican.
Earlier this year , on January 11th, 2012, JPMorgan Chase and other major US banks like Bank of America, Citigroup and Wells Fargo are being investigated for allegedly steering borrowers into overpriced home insurance policies illegally. The New York State financial services agency in charge of the investigation is focusing on a trend that was once used to protect banks from financial losses but now may be used simply to earn some extra cash. The New York State financial services agency issued 31 subpoenas or other legal notices related to the case in an attempt to discover whether affiliates of banks are receiving kickbacks for agreeing to add this insurance to mortgages—or if there are other conflicts of interest between banks and insurers, such as both functioning under the same parent company.
On Feb 15, 2012 the CBC reported that Canada’s Competition Bureau is investigating allegations that certain global banks or financial brokerage firms conspired to manipulate interest rate derivatives for more than three years. The Wall Street Journal stated then that the banks under investigation are the Canadian affiliates of JPMorgan Chase & Co., Deutsche Bank, HSBC, Citigroup, Royal Bank of Scotland and brokerage ICAP. Its affidavit outlines plans to investigate whether the JP MOrgan Chase conspired from 2007 to 2010 to profit by increasing “unreasonably the price of interest rate derivatives.”
On jan 26, 2011 NBC News reported that JP Morgan & Chase confessed to overcharging thousands of American servicemen and that triggered investigations by a congressional committee and a federal prosecutor. JP Morgan Chase admitted to overcharging 4,000 military families for their mortgages, and improperly foreclosing on 14 of them. The actions violates the Servicemembers Civil Relief Act, a law designed to protect military families from added financial stress while troops are in harm’s way.
In May of 2010 the Department of Justice and the Commodity Futures Trading Commission (CTC) launched an investigation of JPMorgan Chase over allegations of manipulating the silver market on the London Bullion Exchange and NYMEX. The New York Post reported that the CFTC is pursuing a civil case, while the DOJ has launched a criminal investigation. “The probes are far-ranging, with federal officials looking into JP Morgan’s precious metals trades on the London Bullion Market Association’s (LBMA) exchange, which is a physical delivery market, and the New York Mercantile Exchange (NYMEX) for future paper derivative trades,” reported the Post’s Michael Gray.
JPMorgan Chase is currently under investigation over concerns about faulty collection practices. JPMorgan Chase has actually been under investigation since late last year, when the Office of the Comptroller of the Currency, the federal agency which charters, regulates and supervises all national banks and federal branches and agencies of foreign banks in the United States, began investigating the bank’s credit-card collection procedures.
The investigation reportedly began following a federal whistle-blower complaint which alleged the bank had engaged in “robo-signing” of paperwork required for obtaining legal judgments against credit-card users. The term “robo-signing”is the shady financial practice engaged in by banks pushing homeowners toward foreclosure. The term is the robotic process of the mass production of false and forged execution of mortgage assignments, satisfactions, affidavits and other legal documents related to mortgage foreclosures and legal matters being created by persons without knowledge of the facts being attested to. It also includes accusations of notary fraud wherein the notaries pre and/or post notarize the affidavits and signatures of so-called robo-signers.
JPMorgan Chase acts as an agent for the Federal Reserve; they act to halt the rise of gold and silver against the U.S. dollar. JPMorgan is insulated from potential losses by the Fed and/or the U.S. taxpayers,”
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4 Comments for “1958 Prediction – America’s Destruction from the insiders.”
- PC April 9, 2012 - 8:05 AM
35thg US president John F Kennedy, April 27, 1961 ~
“The very word “secrecy” is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and secret proceedings. We decided long ago that the dangers of excessive and unwarranted concealment of pertinent facts far outweighed the dangers which are cited to justify it. Even today, there is little value in opposing the threat of a closed society by imitating its arbitrary restrictions. Even today, there is little value in insuring the survival of our nation if our traditions do not survive with it. And there is very grave danger that an announced need for increased security will be seized upon those anxious to expand its meaning to the very limits of official censorship and concealment. That I do not intend to permit to the extent that it is in my control. And no official of my Administration, whether his rank is high or low, civilian or military, should interpret my words here tonight as an excuse to censor the news, to stifle dissent, to cover up our mistakes or to withhold from the press and the public the facts they deserve to know.”
“Without debate, without criticism, no Administration and no country can succeed– and no republic can survive. That is why the Athenian lawmaker Solon decreed it a crime for any citizen to shrink from controversy. And that is why our press was protected by the First (emphasized) Amendment– the only business in America specifically protected by the Constitution– not primarily to amuse and entertain, not to emphasize the trivial and sentimental, not to simply “give the public what it wants”–but to inform, to arouse, to reflect, to state our dangers and our opportunities, to indicate our crises and our choices, to lead, mold educate and sometimes even anger public opinion.”
- PC April 9, 2012 - 7:43 AM
JFK – “For we are opposed around the world by a monolithic and ruthless conspiracy that relies primarily on covert means for expanding its sphere of influence–on infiltration instead of invasion, on subversion instead of elections, on intimidation instead of free choice, on guerrillas by night instead of armies by day. It is a system which has conscripted vast human and material resources into the building of a tightly knit, highly efficient machine that combines military, diplomatic, intelligence, economic, scientific and political operations.”
“Its preparations are concealed, not published. Its mistakes are buried, not headlined. Its dissenters are silenced, not praised. No expenditure is questioned, no rumor is printed, no secret is revealed. It conducts the Cold War, in short, with a war-time discipline no democracy would ever hope or wish to match.”
- PC April 8, 2012 - 11:08 AM
How does JPMorgan Chase act as an agent for the Federal Reserve? They are just one of several primary dealers of the New York Fed. Primary dealers engage in unethical and illegal transactions for the Federal Reserve Bank of New York. All Primary Dealers are controlled by the Federal Reserve Bank of New York. The Primary Dealers are not just US banks. Primary Dealers of the Federal Reserve Bank of New York also include foreign owned banks. It is for this reason that the US economic crisis became a global economic crisis. The Federal Reserve Bank of New York caused both the US and Global Economic Crisis. The monetary policies of the New York Fed aimed to destroy the economies of the United States and foreign countries through its Primary Dealers. All of the foreign Primary Dealers who have implemented the monetary policies of the Federal Reserve Bank of New York have committed treason. A traitor is one who betrays one’s country, a cause, or a trust, especially one who commits treason. They are committing treason by aiding and abetting a foreign entity called the Federal Reserve, in attacking and destroying their own nations through fraud, securities fraud, money laundering, insider trading, and espionage.
According to the Federal Reserve Bank of New York website – “Primary dealers serve as trading counterparties of the New York Fed in its implementation of monetary policy. This role includes the obligations to: (i) participate consistently in open market operations to carry out U.S. monetary policy pursuant to the direction of the Federal Open Market Committee (FOMC); and (ii) provide the New York Fed’s trading desk with market information and analysis helpful in the formulation and implementation of monetary policy. Primary dealers are also required to participate in all auctions of U.S. government debt and to make reasonable markets for the New York Fed when it transacts on behalf of its foreign official account-holders.”
Primary Dealers (The Insider Traders/Traitors) of the Federal Reserve Bank of New York: http://www.newyorkfed.org/markets/pr...s_current.html
Bank of Nova Scotia, New York Agency
BMO Capital Markets Corp.
BNP Paribas Securities Corp.
Barclays Capital Inc.
Cantor Fitzgerald & Co.
Citigroup Global Markets Inc.
Credit Suisse Securities (USA) LLC
Daiwa Capital Markets America Inc.
Deutsche Bank Securities Inc.
Goldman, Sachs & Co.
HSBC Securities (USA) Inc.
Jefferies & Company, Inc.
J.P. Morgan Securities LLC
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Mizuho Securities USA Inc.
Morgan Stanley & Co. LLC
Nomura Securities International, Inc.
RBC Capital Markets, LLC
RBS Securities Inc.
SG Americas Securities, LLC
UBS Securities LLC.
Organized crime or criminal organizations are transnational, national, or local groupings of highly centralized enterprises run by criminals for the purpose of engaging in illegal activity, most commonly for monetary profit. The Federal Reserve is exactly that. They are the United States’ very own mafia. Active in the New York metropolitan area, New Jersey, Philadelphia, New England, Detroit and Chicago. And they illegally took control of the United States on Dec. 23, 1913.
- Paul W Kincaid April 7, 2012 - 10:54 PM
JP Morgan was the banker that started the Panic of 1907 – a carbon copy of today’s financial crisis that started in 2007 – 100 years later and involving the very same banks. Coincidence?
The Panic of 1907 was a financial crisis that was intentionally orchestrated by JP Morgan to almost crippled the American economy. JP Morgan initiated the economic panic in 1907 by circulating rumors that the Knickerbocker Bank and Trust Co. of America was going broke and there was no mechanism to rescue them until JP Morgan conveniently (Morgan started the rumor that started the crisis) stepped in personally and took charge.. This action by Morgan caused a run on the banks creating a financial crisis which began to solidify support for a central banking system – the creation of the Federal Reserve.
Then Treasury Secretary George B. Cortelyou earmarked $35 million of federal money to quell the storm but had no easy way to use it. JP Morgan took personal charge, meeting with the nation’s leading financiers in his New York mansion whereby he forced them to devise a plan to meet the crisis.
JP Morgan organized a gang of bank and trust executives which redirected money between banks, secured further international lines of credit, and bought plummeting stocks of healthy corporations.
A delicate political issue arose regarding the brokerage firm of Moore and Schley, which was deeply involved in a speculative pool in the stock of the Tennessee Coal, Iron and Railroad Company. Moore and Schley had pledged over six millions of the Tennessee Coal and Iron (TCI) stock for loans among the Wall Street banks. The banks had called the loans, (ordered by JP Morgan) and the firm could not pay. If Moore and Schley should fail, a hundred more failures would follow and then all Wall Street might go to pieces. Morgan decided they had to save Moore and Schley.
TCI was one of the chief competitors of U.S. Steel and it owned valuable iron and coal deposits. Morgan controlled U.S. Steel and he used the crisis he created to takeover the TCI stock from Moore and Schley. Judge Gary, head of US Steel, agreed, but antitrust charges could cause grave trouble for Morgan and his US Steel, which was already dominant in the steel industry? Morgan sent Gary to see President Theodore Roosevelt, who promised legal immunity for the illegal takeover deal. U.S. Steel thereupon paid $30 million for the TCI stock and Moore and Schley was saved. The announcement had an immediate effect; by November 7, 1907, the panic was over.
Vowing to never let it happen again, and realizing that in a future crisis there was not likely to be another Morgan, banking and political leaders, led by Senator Nelson Aldrich devised a plan that became the Federal Reserve System in 1913. The crisis underscored the need for a powerful mechanism, and Morgan was instrumental in the creation of the Federal Reserve System.
100 years later and JP Morgan was back at it again – creating another US financial crisis. This time JP Morgan used the New York City based global investment bank and securities trading and brokerage firm Bear Stearns to launch the Panic of 2007. JP Morgan once again began manipulating the markets- using derivative financial instruments – illiquid and worthless assets. The worthless JP Morgan derivatives led to the rapid diminution of investor and lender confidence, which finally evaporated and Bear was forced to call on the JP Morgan created New York Federal Reserve to stave off the looming cascade of counterparty risk which would ensue from forced liquidation.
In March 2008, the Federal Reserve Bank of New York provided an emergency loan to Bear Stearns to try to avert a sudden collapse of the company. The company would not be saved and JP Morgan Chase bought is for $10 per share, a price far below its pre-crisis 52-week high of $133.20 per share. JP Morgan Chase originally offered just $2 per share.
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