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THREE DISTURBING ISSUES TO PONDER WHILE WE WAIT

FOR THE OUTCOME OF THE PENNSYLVANIA FRAUD INVESTIGATION, THAT IS

Monday 22 March 2010 06:00

• 22ND MARCH: 1:00PM EDT:
THIS REPORT HAS BEEN UPDATED: SEE SECTIONS LABELLED: NEW

• 23RD MARCH: 2:30PM EDT:
ADDITIONAL INFORMATION ON THE BUNKER-BUSTING BOMBS IS APPENDED AT THE FOOT OF THIS REPORT. ISRAEL APPEARS TO BE ENGAGED IN DE FACTO NUCLEAR BLACKMAIL AGAINST THE UNITED STATES, ACCORDING TO DR ALAN SABROSKY, A PROMINENT JEWISH AMERICAN MILITARY ACADEMIC AND MARINE, WHOSE ASSESSMENTS ARE BEING WIDELY CIRCULATED.


• MACROFINANCIAL IMPLICATIONS OF THE PASSAGE OF THE U.S. HEALTH CARE BILL

• NEW: ILLEGAL ANTI-REPEAL PROVISION BURIED INSIDE THE BILL

• NEW: THIS IS THE MEASURE THAT PROSPECTIVELY CURBS OUTLAYS

• NEW: ANTI-REPEAL CLAUSE = CHANGE IN SENATE ‘PROCEDURES’, NOT IN SENATE RULES

• THE ILLEGALITY OF SECURITISATION – IN THREE NUTSHELLS

• THE NORTHERN ROCK CASE IN INTERNATIONAL CURRENCY REVIEW

• PROSPECTIVE USE OF DIEGO GARCIA FOR BOMBING IRAN

• THE SUNDAY HERALD’S 21 MARCH 2010 ARTICLE ON U.S. ABUSE OF DIEGO GARCIA


SECURITIZATION IS ILLEGAL UPDATE: In the Subs/Books Update panel immediately below the NEWS panel that you are currently viewing, you will see an announcement concerning publication of Economic Intelligence Review, Volume 12, Numbers 7 & 8. If you press that announcement text and open up the panel, you will see the contents list for the new [2010Q1] issue of E.I.R., including a breakdown of the Chapter Headings for the detailed analysis showing that Securitization is illegal. See our NEWS report dated 10th March 2010 for summaries of some of the data from this analysis. We understand that the report has created uproar in certain corridors of corrupt power.


MISPRISION OF FELONY: U.S. CODE, TITLE 18, PART 1, CHAPTER 1, SECTION 4:
‘Whoever, having knowledge of the actual commission of a felony cognizable by a court of the United States, conceals and does not as soon as possible make known the same to some Judge or other person in civil or military authority under the United States, shall be fined under this title or imprisoned not more than three years, or both’.

'Seeing what's at the end of one's nose requires constant effort'. George Orwell.


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• CMKM/CMKX CASE DOCUMENTS:
Press Archive for this report [29th January 2010]
Case Number CV10-00031 JVS (MLGx):
SERVICE OF CMKM.CMKX $3.87 TRILLION SUIT VS. S.E.C.
You can also access the CMKM/CMKX text at: http://viewer.zoho.com/docs/paKdda
The biggest lawsuit in world legal history: The phantom share giga-scandal.

NEW REPORT STARTS HERE:

Three issues related to our overall focus, that require immediate attention, are posted here for a short period – while the necessary further enquiries about the hijacked and delayed payments, and the consequences of the Pennsylvania Fraud, continue.

MACROFINANCIAL IMPLICATIONS OF THE PASSAGE OF THE U.S. HEALTH CARE BILL
The first is a pointed comment on the passage of the US Leninist Health Care financial pipeline, which will enable the financial criminals in high office and the banksters to refinance the next generation of financial scams.

Interestingly, we have been learning from potent anecdotal evidence in New York that it appears that a significant proportion of ordinary men and women in the US street understand very well that this so-called Health Care programme represents another unprecedented financial racketeering operation, although few people understand how it will work.

Correspondent Dick Eastman, who may be of Jewish extraction himself, sums the matter up rather succinctly, as follows:

HEALTH CARE PASSES:

• Medicine to be rationed politically.
• Mandatory insurance will simply deliver more premium capital to Wall Street.
• Jewish High Finance will determine what can be spared for operations, tests,
medication, hospitalization, etc.

• Note: You didn't think the Money Power was going to let those Congressmen
out of that building without passing their bill, did you?

Here is the Leninist money-making scam that Americans have just been saddled with:

• Medicine to be rationed politically:
Compulsory insurance will simply deliver more premium capital to Wall Street.

This is because insurance companies invest on Wall Street the money premiums that they do not yet have to pay out; while government political rationing will mean that less and less is paid out: so that more and more of the premiums will remain in the hands of the criminal financial enterprises.

• Editor’s insert: This, friends, is how the financial enterprises will stay afloat and prosper, given that the US Dollar Refunding Programme is indeed to be handled in the private sector, as we have all along recommended, not by the Government.

• Editor’s further insert: Meanwhile, in accordance with Lenin’s textbook, High Finance will determine what can be spared for operations, tests, medication, and hospital care for the people.

If you are very nice to Barney Frank or Lloyd Blankfein, maybe one of them will let you have priority attention when your child needs an expensive life-saving operation.

• But more probably, they won’t want to know.

ILLEGAL ANTI-REPEAL PROVISION BURIED INSIDE THE BILL
Buried within the massive amendment to the Senate version of the Health Care legislation inserted by Senator Harry Reid of Nevada is an illegal clause which purports to bind Congress in the future from repealing Section 3403. In the United Kingdom, no House of Commons can bind its successor, and the same principle applies in the United States. The offending clause reads:

‘It shall not be in order in the Senate or the House of Representatives to consider any bill, resolution, amendment or conference report that would repeal or otherwise change this subsection’.

The subsection, starting on page 1,000 of this convoluted Talmudic legislation, concerns the regulatory power of the Independent Medicare Advisory Board (IMAB) to ‘reduce the per capita rate of growth of Medicare spending’.

THIS IS THE MEASURE THAT PROSPECTIVELY CURBS OUTLAYS AS EXPLAINED ABOVE
This is the measure that controls, curbs and prospectively reduces the aggregate value of payouts for health care services to Americans, thereby, as explained above, also CURBING payouts by the insurers to pay for the Medicare expenditures incurred – and thereby, in turn again, ensuring that as much of the insurance money remains invested on Wall Street (proxy for the financial markets and system generally) in order to maximise the potential for such funds to be diverted into illicit trading platforms and operations under the radar, contrary to the Law [see below].

ANTI-REPEAL CLAUSE = CHANGE IN SENATE ‘PROCEDURES’, NOT IN SENATE RULES
In order to procure the ‘legality’ of the provision that this subsection cannot ever be repealed or changed in the future, the (Reid-controlled) Senate Parliamentarian has ruled, in a classic example of nefarious ‘loopholeism’, that the anti-repeal provision does not constitute a change of Senate RULES, but rather of Senate ‘procedures’.

The reason for this is that for 200 years, changes in the Senate's standing rules have required approval by two-thirds of those voting – that is to say, 67 votes, rather than the 60 votes that Senator Reid’s amendment received.

Thus Senator Harry Reid flouted two centuries of standing US Senate rules to pass a measure in the dead of night (which these Dark Forces always try to do) that no Senator has read, and part of which can never be changed (although the anti-repeal provision is illegal).

Senator Reid is reported to have tossed aside an earlier assurance that Senators and the public would have 72 hours to read the language of his contributions to the Senate measure – because if the existence of this clause had been highlighted in time, there might have been an uproar.

After approving the House of Representatives’ bill by 219 to 212 votes on Sunday 21st March 2010, the House adopted a package of changes to it by a vote of 220 to 211.

The package, which was agreed to in negotiations between House and Senate Democrats and the White House, goes to the Senate probably this week.

THE ILLEGALITY OF SECURITISATION IN THREE NUTSHELLS
With reference to our demonstration that all securitisation is illegal under US and Common Law [see report dated 10th March 2010: Archive], there is a trinity of relevant rules or tenets which have their origins in Common (Anglo-Saxon) Law and that can be summed up thus:

(1): No one can contract with another or others to commit a crime or an illegal act.
All such contracts are void.

(2): Only those who are party to the ORIGINAL contract can derive benefit from it, or are obliged to honour its conditions and warranties (Privity of Contract).

Others subsequently deemed to be bound by the contract (by means of assignment) must be made known to all who are party to the ORIGINAL agreement prior to the assignment, with express and adequate notice given and the opportunity offered to discharge all (undisputed) obligations.

(3): In Common Law, the right of assignment does not exist (at least it doesn't under English Law); although assignment is made possible by virtue of a succession of statutes, but only when strict conditions have been met and are adhered to.

The most important of these is that express and adequate notice HAS to be given, with the
right at all times for any party to discharge any (undisputed) debt or other obligation to the
original counterparty(ies) – and to an assignee only by agreement.

Anyone who challenges this trinity of established legal doctrine is on shaky ground.

The enumerated points above comprise some of the 'bedrock' of contract law and if an operator follows this line of thinking to its (il)logical conclusion, and assumes that it is legal to 'securitise' assets which are not owned (such as mortgages) but in some contrived or artificial way 'leased', then any profits accruing from the 'lease' or 'sale' (note the parentheses here) of such assets belong to the ORIGINAL parties to the contract, in accordance with the legal maxim:

• ‘The money you make from exploiting my money is my money’.

If your mortgage has been 'sold on', 'bundled', 'trafficked' or exploited in such a way as to generate a profit, you are entitled to some of (probably all of) that profit.

If this is refused, you can demand that the original lender of the mortgage finance who 'sold on', 'bundled', 'trafficked' or exploited your mortgage without reference to you as mortgagor, be
held responsible for repaying the principal and all interest owing.

In the United States, the choice lies between proper conformity with the above, or a R.I.C.O. action requiring the perpetrator(s) upon conviction to pay the capital sum plus interest plus three times damages plus other damages for breach (of the original contract). The perpetrators rely primarily on the ignorance of victims and on the general distrust of the legal system that they encourage.

THE NORTHERN ROCK CASE IN INTERNATIONAL CURRENCY REVIEW
In the Northern Rock case in the United Kingdom that International Currency Review is showcasing in the forthcoming issue [Volume 35, Numbers 1 & 2], the British lender’s predicament is that it lied repeatedly to the former mortgagor about the actual status of her Title Deeds which Northern Rock withheld from her for five years – even informing her in writing at one stage that her Title Deeds had been ‘dematerialised’, before all of a sudden disgorging them (under pressure, no doubt, from British Government lawyers) in June 2009: five years after they should have been handed over in recognition of the fact that the mortgagor had fully paid off her mortgage earlier (which was never factored in to the lender’s calculations).

During the five years when Northern Rock withheld the lady’s Title deeds illegally, she could not move home, as the original Title Deeds were needed for that purpose. That behaviour represented an illegal deprivation by Northern Rock of the mortgagor’s right to move home when she chooses.

PROSPECTIVE USE OF DIEGO GARCIA FOR BOMBING IRAN
The British-owned territory of Diego Garcia in the Indian Ocean, which is leased under some mad and typically misguided agreement to the Americans, is reportedly being stockpiled with bunker-busting bombs for a possible attack on Iran.

Until 21st March 2010, reports of this development were unstable and could not be verified. But, believe it or not, there is an exception to our general rule that the British media are diversionary, controlled and intimidated by the intelligence cells resident inside press rooms (intelligence cells are resident inside press rooms of the leading press and broadcast media in both the United States and Britain: that’s how the press is controlled at the point of delivery).

The exception to this rule is Scotland’s Sunday Herald, which has an enviable reputation for ‘doing its own thing’ in open defiance of the Establishment – an attitude which, obviously, we admire.

Sure enough, the Sunday Herald has just covered the Diego Garcia issue, which we ourselves are extremely concerned about – not least since in our opinion the American Government, which has cynically colluded in the stealing of The Queen’s gold and in the unconscionable diversion of the sovereign Refunding Loan of $6.2 trillion that was delivered to Bank of New York Mellon on 19th-20th July 2007 for that purpose, should be kicked out of bases on British territory.

In a break with our usual practice of complaining that the cowed British ‘mainstream’ doesn’t do its job properly, we now go to the opposite extreme and display herewith the complete Sunday Herald article on this subject, published on 21st March 2010:

THE SUNDAY HERALD’S 21 MARCH 2010 ARTICLE ON U.S. ABUSE OF DIEGO GARCIA
The Foreign Office is coming under mounting pressure to tell the truth about whether there are plans by the United States to use the British island of Diego Garcia as a base from which to launch an attack on Iran.

Leading UK opposition politicians are demanding answers from British Ministers on the rôle played by the Indian Ocean atoll in previous attacks on Iraq and Afghanistan, and in any future strikes.

Last week, the Sunday Herald revealed that 387 bunker buster bombs were being shipped to Diego Garcia by the US military. Some experts suggested that the move could be in preparation for a possible strike against Iran’s nuclear facilities.

Although the island is part of British territory, it is used by the United States as a military base. Some US air strikes against Iraq in 1991 and 2003, and against Afghanistan since 2001, originated from Diego Garcia [which] has also been used for 'extraordinary rendition' of suspected terrorists.

“The use of British sovereign territory without restriction is clearly something which causes great concern”, said Sir Menzies Campbell MP, a member of the House of Commons' Foreign Affairs Committee and a former Liberal Democrat leader.

“The Government has been reluctant to give specific details about the nature of the agreement which governs US occupation. More transparency is unquestionably required”.

The LibDem foreign spokesman, Edward Davey MP, called on the Foreign Secretary, Mr David Miliband, to make clear whether Diego Garcia was being used by the United States to prepare for military action against Iran. “The events relating to this island of shame have damaged Britain’s international reputation”, he said.

The Foreign Office did not respond to a request for comment yesterday.

Last weekend’s Sunday Herald story about the shipment of US bunker busters to Diego Garcia was followed up by scores of media outlets across the world, in the United States, Russia, Europe, Asia, Africa and the Middle East.

One report, from the World Tribune in the United States, said that the shipment had originally been destined for US bases in Israel.

Quoting Congressional sources, it suggested that the bunker busters had been diverted to Diego Garcia as part of an unacknowledged embargo on military equipment for Israel. ENDS.

NEW: OBAMA BLOCKED DELIVERY OF BUNKER-BUSTERS TO ISRAEL
On 18th March 2010, World Tribune published the following article sourced from Washington, which contains much more information about the bunker-busting bombs that are now causing appropriate unease in Britain, as Diego Garcia is British territory.

• Editor’s elaboration:
There is little doubt that Israel is in fact engaged in de facto nuclear blackmail against the United States – as well, we now learn, as against Europe. Only recently, Israel put Western Europe on notice that it would be attacked if its actions threatened Israel – attacked with nuclear weapons from Israel without warning. The warning was issued by an Israeli operative, Martin vanCreveld, who appears to be licensed to say things publicly that the Government wants ‘out there’, but won’t elaborate itself. The source of the insight that Israel is engaged in nuclear blackmail against the United States is the US Jewish military academic cited immediately below.

According to Dr Alan Sabrosky, a US military academic, Jew and former Marine, Israel is a ‘mad dog’, and in a recent tirade he pointed out that ‘mad dogs’ are eventually put down. All of which suggests that a hardline approach to Israel, even supported by Mrs Hillary Clinton who is herself originally of Russian Jewish background, is operating below the radar.

This is slightly beyond the scope of what follows, but White House policy towards Israel elucidated in this report, fits the pattern. We append the text of the World Tribune article dated the 18th March 2010, sourced from Washington, here:


The United States has diverted a shipment of bunker-busters designated for Israel.

Officials said the U.S. military was ordered to divert a shipment of smart bunker-buster bombs from Israel to a military base in Diego Garcia. They said the shipment of 387 smart munitions had been slated to join pre-positioned U.S. military equipment in Israel Air Force bases.

"This was a political decision", an official said.

In 2008, the United States approved an Israeli request for bunker-busters capable of destroying underground facilities, including Iranian nuclear weapons sites.

Officials said delivery of the weapons was held up by the administration of President Barack Obama, Middle East Newsline reported.

Since taking office, Mr Obama has refused to approve any major Israeli requests for U.S. weapons platforms or advanced systems. Officials said this included proposed Israeli procurement of AH-64D Apache attack helicopters, refueling systems, advanced munitions and data on a stealth variant of the F-15E.

"All the signs indicate that this will continue in 2010", a Congressional source familiar with the Israeli military requests said. "This is really an embargo, but nobody talks about it publicly".

Under the plan, the US military was to have stored 195 BLU-110 and 192 BLU-117 munitions in unspecified air force bases in Israel. The U.S. military uses four Israeli bases for the storage of about $400 million worth of pre-positioned equipment meant for use by either Washington or Jerusalem in any regional war.

In January 2010, the administration agreed to an Israeli request to double the amount of U.S. military stockpiles to $800 million. Officials said the bunker-busters as well as Patriot missile interceptors were included in the agreement.

The decision to divert the BLU munitions was taken amid the crisis between Israel and the United States over planned construction of Jewish homes in Jerusalem. The administration, including Secretary of State Hillary Clinton, has warned that Washington could reduce military aid to Israel because of its construction policy.

In 2007, after its war in Lebanon, Israel requested 2,000 BLU-109 live bombs from the United States. The 2,000-pound bomb, produced by Boeing and coupled with a laser guidance kit, was designed to penetrate concrete bunkers and other underground hardened sites.

Israeli ambassador to the United States, Michael Oren, was quoted as saying that his country faced its biggest crisis with the United States since 1975. A pro-Israel lobbyist said Oren was referring to the current US embargo, which echoed a decision taken 35 years ago by then-President Gerald Ford after Israel's refusal to withdraw from Egypt's Sinai Peninsula.

Oren has since denied the remark. ENDS.


LIST OF U.S. STATUTES, SECURITIES REGULATIONS AND LEGAL PRINCIPLES OF WHICH THE CRIMINALISTS, ASSOCIATES AND ALL THE MAIN FINANCIAL INSTITUTIONS REMAIN IN BREACH:

LEGAL TUTORIAL: The Steps of Common Fraud:

Step 1: Fraud in the Inducement: “… is intended to and which does cause one to execute an instrument, or make an agreement… The misrepresentation involved does not mislead one as the paper he signs but rather misleads as to the true facts of a situation, and the false impression it causes is a basis of a decision to sign or render a judgment”. Source: Steven H. Gifis, ‘Law Dictionary’, 5th Edition, Hauppauge: Barron’s Educational Series, Inc., 2003, s.v.: ‘Fraud’.

Step 2: Fraud in Fact by Deceit (Obfuscation and Denial) and Theft:

• “ACTUAL FRAUD. Deceit. Concealing something or making a false representation with an evil intent [scanter] when it causes injury to another…”. Source: Steven H. Gifis, ‘Law Dictionary’, 5th Edition, Happauge: Barron’s Educational Series, Inc., 2003, s.v.: ‘Fraud’.

• “THE TORT OF FRAUDULENT DECEIT… The elements of actionable deceit are: A false representation of a material fact made with knowledge of its falsity, or recklessly, or without reasonable grounds for believing its truth, and with intent to induce reliance thereon, on which plaintiff justifiably relies on his injury…”. Source: Steven H. Gifis, ‘Law Dictionary’, 5th Edition, Happauge: Barron’s Educational Series, Inc., 2003, s.v.: ‘Deceit’.

Step 3: Theft by Deception and Fraudulent Conveyance:

THEFT BY DECEPTION:

• “FRAUDULENT CONCEALMENT… The hiding or suppression of a material fact or circumstance which the party is legally or morally bound to disclose…”.

• “The test of whether failure to disclose material facts constitutes fraud is the existence of a duty, legal or equitable, arising from the relation of the parties: failure to disclose a material fact with intent to mislead or defraud under such circumstances being equivalent to an actual ‘fraudulent concealment’…”.

• To suspend running of limitations, it means the employment of artifice, planned to prevent inquiry or escape investigation and mislead or hinder acquirement of information disclosing a right of action, and acts relied on must be of an affirmative character and fraudulent…”.

Source: Black, Henry Campbell, M.A., 'Black’s Law Dictionary’, Revised 4th Edition, St Paul: West Publishing Company, 1968, s.v. ‘Fraudulent Concealment’.

FRAUDULENT CONVEYANCE:

• “FRAUDULENT CONVEYANCE… A conveyance or transfer of property, the object of which is to defraud a creditor, or hinder or delay him, or to put such property beyond his reach…”.

• “Conveyance made with intent to avoid some duty or debt due by or incumbent or person (entity) making transfer…”.

Source: Black, Henry Campbell, M.A., ‘Black’s Law Dictionary', Revised 4th Edition, St Paul: West Publishing Company, 1968, s.v. ‘Fraudulent Conveyance’.

U.S. SECURITIES REGULATIONS OF WHICH INSTITUTIONS
HAVE BEEN SHOWN TO BE IN BREACH [SEE REPORTS]:

• NASD Rule 3120, et al.
• NASD Rule 2330, et al
• NASD Conduct Rules 2110 and 3040
• NASD Conduct Rules 2110 and IM-2110-1
• NASD Conduct Rules 2110 and SEC Rule 15c3-1
• NASD Conduct Rules 2110 and 3110
• SEC Rules 17a-3 and 17a-4
• NASD Conduct Rules 2110 and Procedural Rule 8210
• NASD Conduct Rules 2110 and 2330 and IM-2330
• NASD Conduct Rules 2110 and IM-2110-5
• NASD Systems and Programme Rules 6950 through 6957
• 97-13 Bank Secrecy Act, Recordkeeping Rule for funds transfers and transmittals of funds, et al.

U.S. LAWS ROUTINELY BREACHED BY THE CRIMINAL OPERATIVES AND INSTITUTIONS:

• Annunzio-Wylie Anti-Money Laundering Act
• Anti-Drug Abuse Act
• Applicable international money laundering restrictions
• Bank Secrecy Act
• Crimes, General Provisions, Accessory After the Fact [Title 18, USC]
• Currency and Foreign Transactions Reporting Act
• Economic Espionage Act
• Hobbs Act
• Imparting or Conveying False Information [Title 18, USC]
• Maloney Act
• Misprision of Felony [Title 18, USC] (1)
• Money-Laundering Control Act
• Money-Laundering Suppression Act
• Organized Crime Control Act of 1970
• Perpetration of repeated egregious felonies by State and Federal public employees and their Departments and agencies, which are co-responsible with the said employees for ONGOING illegal and criminal actions, to sustain fraudulent operations and crimes in order to cover up criminalist activities and High Crimes and Misdemeanours by present and former holders of high office under the United States
• Provisions pertaining to private business transactions being protected under both private and criminal penalties [H.R. 3723]
• Provisions prohibiting the bribing of foreign officials [F.I.S.A.]
• Racketeer Influenced and Corrupt Organizations Act [R.I.C.O.]
• Securities Act 1933
• Securities Act 1934
• Terrorism Prevention Act
• Treason legislation, especially in time of war.

• BEWARE OF MALICIOUS IMITATIONS: It has come to our notice that certain websites have been in the habit of copying reports from this site, attributing the reports to the Editor of this service, but at the same time AMENDING AND INSERTING TEXT NOT WRITTEN BY THE EDITOR.

• This is a very old, malevolent US counterintelligence DIRTY TRICK.

Therefore, you should be advised that the GENUINE ORIGINAL REPORT is, by obvious definition, accessible ONLY FROM THIS WEBSITE. If you come across an article elsewhere that is attributed to the Editor of this service, you should refer to the ORIGINAL ARTICLE HERE and you should bear in mind that the illegally duplicated article may contain text that was NOT written by the Editor of this service, but which was inserted for malicious purposes by counterintelligence.

Likewise, although we haven't yet had time to elaborate this issue, we have taken drastic steps around the world to close off the malicious piracy of our books. One technique used by several disreputable sites (in the United States, the Netherlands and Switzerland) is to copy our title(s) and (a) to display an image of the front cover WITHOUT THE ISBN DATA at the top of the cover; and (b) to DELETE THE COPYRIGHT PAGE. In so doing, the criminal pirates proclaimed that they knew perfectly well that they were/are engaged in theft and can be prosecuted for stealing copyright.

• Please be advised that the Editor of International Currency Review and associated intelligence services cannot enter into email correspondence related to this or to any of the earlier reports.

We are a private intelligence publishing house and have no connections to any outside parties including intelligence agencies. The word ‘intelligence’ on this website and in all our marketing material is used for marketing/sales purposes only and has no other connotations whatsoever: see ‘About Us’ on the red panels under the Notes on the Editor, Christopher Story FRSA, who has been solely and exclusively engaged as an investigative journalist, Editor, Author and private financial and current affairs Publisher since 1963 and is not and never has been an agent for a foreign power, suggestions to the contrary being actionable for libel in the English Court.


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