Rumormill News
Message from SaLuSa for 1 April 2011
Posted By: Mr.Ed [Send E-Mail]Date: Friday, 1-Apr-2011 14:15:54
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This is an Awareness Blog to consider the future of your world. Actions are being done now to restore our freedom. County, State, and National Assemblies are forming across our world nullifying the corrupt corporations. Watch and become AWARE! Participate and be a part of making history! 62 MILLION VIEWS PER MONTH Exclusive public outlet for documentation and notices from The Original Jurisdiction Republic 1861 circa 2010.
Rumormill News
Message from SaLuSa for 1 April 2011
Posted By: Mr.Ed [Send E-Mail]
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Ben S. Bernanke, chairman of the U.S. Federal Reserve. Photographer: Andrew Harrer/Bloomberg
April 1 (Bloomberg) -- Thomas Brown, chief executive officer at Second Curve Capital LLC and a Bloomberg Television contributing editor, discusses the Federal Reserve's discount window lending to banks at the height of the financial crisis. The central bank released about 29,000 pages of secret loan documents yesterday under court order, almost three years after Bloomberg LP first requested details. Brown speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)
April 1 (Bloomberg) -- Mark Williams, a former Federal Reserve bank examiner who is now an executive-in-residence at Boston University's School of Management, discusses the Fed's release of data on "discount window" lending during the financial crisis and prospects for transparency at the central bank. Williams speaks with Erik Schatzker and Lizzie O'Leary on Bloomberg Television's "InsideTrack." (Source: Bloomberg)
April 1 (Bloomberg) -- Nouriel Roubini, the New York University economist who predicted the financial crisis, talks about the outlook for monetary policy by the Federal Reserve and the European Central Bank. He speaks from Cernobbio, Italy, with Maryam Nemazee on Bloomberg Television's "The Pulse." (Source: Bloomberg)
March 31 (Bloomberg) -- Bloomberg reporter Bob Ivry discusses the release of the Federal Reserve's discount-window lending records and Goldman Sachs Group Inc.'s borrowing history. He speaks with Matt Miller on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Dexia SA borrowed as much as $33.5 billion through its New York branch from the Fed’s “discount window” lending program, according to Fed documents released yesterday in response to a Freedom of Information Act request. Photographer: Jock Fistick/Bloomberg
U.S. Federal Reserve Chairman Ben S. Bernanke’s two-year fight to shield crisis-squeezed banks from the stigma of revealing their public loans protected a lender to local governments in Belgium, a Japanese fishing-cooperative financier and a company part-owned by the Central Bank of Libya.
Dexia SA (DEXB), based in Brussels and Paris, borrowed as much as $33.5 billion through its New York branch from the Fed’s “discount window” lending program, according to Fed documents released yesterday in response to a Freedom of Information Act request. Dublin-based Depfa Bank Plc, taken over in 2007 by a German real-estate lender later seized by the German government, drew $24.5 billion.
The biggest borrowers from the 97-year-old discount window as the program reached its crisis-era peak were foreign banks, accounting for at least 70 percent of the $110.7 billion borrowed during the week in October 2008 when use of the program surged to a record. The disclosures may stoke a reexamination of the risks posed to U.S. taxpayers by the central bank’s role in global financial markets.
“The caricature of the Fed is that it was shoveling money to big New York banks and a bunch of foreigners, and that is not conducive to its long-run reputation,” said Vincent Reinhart, the Fed’s director of monetary affairs from 2001 to 2007.
Separate data disclosed in December on temporary emergency- lending programs set up by the Fed also showed big foreign banks as borrowers. Six European banks were among the top 11 companies that sold the most debt overall -- a combined $274.1 billion -- to the Commercial Paper Funding Facility.
Those programs also loaned hundreds of billions of dollars to the biggest U.S. banks, including JPMorgan Chase & Co. (JPM), Bank of America Corp. (BAC), Citigroup Inc. and Morgan Stanley. (MS)
The discount window, which began lending in 1914, is the Fed’s primary program for providing cash to banks to help them avert a liquidity squeeze. In an April 2009 speech, Bernanke said that revealing the names of discount-window borrowers “might lead market participants to infer weakness.”
The Fed released the documents after court orders upheld FOIA requests filed by Bloomberg LP, the parent company of Bloomberg News, and News Corp.’s Fox News Network LLC. In all, the Fed released more than 29,000 pages of documents, covering the discount window and several Fed emergency-lending programs established during the crisis from August 2007 to March 2010.
“The American people are going to be outraged when they understand what has been going on,” U.S. Representative Ron Paul, a Texas Republican who is chairman of the House subcommittee that oversees the Fed, said in a Bloomberg Television interview.
“What in the world are we doing thinking we can pass out tens of billions of dollars to banks that are overseas?” said Paul, who has advocated abolishing the Fed. “We have problems here at home with people not being able to pay their mortgages, and they’re losing their homes.”
David Skidmore, a Fed spokesman, declined to comment. Fed officials have said all the discount window loans made during the worst financial crisis since the 1930s have been repaid with interest.
The Monetary Control Act of 1980 says that a U.S. branch or agency of a foreign bank that maintains reserves at a Fed bank may receive discount-window credit.
Wachovia Corp. was the only U.S. bank among the top five discount-window borrowers as the crisis peaked.
The company, based in Charlotte, North Carolina, borrowed $29 billion from the discount window on Oct. 6, in the week after it almost collapsed, the data show. Wachovia agreed in principle to sell itself to Citigroup Inc. on Sept. 29, before announcing a definitive agreement to sell itself to Wells Fargo & Co. (WFC) on Oct. 3. The Wells Fargo deal closed at the end of 2008.
Wells Fargo spokeswoman Mary Eshet declined to comment on Wachovia’s discount-window borrowing.
Bank of Scotland Plc, which had $11 billion outstanding from the discount window on Oct. 29, 2008, was a unit of Edinburgh-based HBOS Plc, which announced its takeover by London-based Lloyds TSB Group Plc in September 2008.
The borrowings in 2008 didn’t involve Lloyds, which hadn’t completed its acquisition of HBOS at the time, said Sara Evans, a spokeswoman for the company, which is now called Lloyds Banking Group Plc. (LLOY)
“This is historic usage and on each occasion the borrowing was repaid at maturity,” Evans said. “The discount window has not been accessed by the group since.”
Other foreign discount-window borrowers on Oct. 29, 2008, included Societe Generale (GLE) SA, France’s second-biggest bank; and Norinchukin Bank, which finances and provides services to Japanese agricultural, fishing and forestry cooperatives. Paris- based Societe Generale borrowed $5 billion that day, and Tokyo- based Norinchukin borrowed $6 billion.
Jim Galvin, a spokesman for Societe Generale, declined to comment.
“We used it in concert with Japanese and U.S. authorities in the purpose of contributing to the stabilization of the market,” said Fumiaki Tanaka, a spokesman at Norinchukin.
Bank of China, the country’s oldest bank, was the second- largest borrower from the Fed’s discount window during a nine- day period in August 2007 as subprime-mortgage defaults first roiled broader markets. The Chinese bank’s New York branch borrowed $198 million on Aug. 17 of that month.
“It was just routine borrowing,” said Dale Zhu, head of the Bank of China New York branch’s treasury.
Two Deutsche Bank AG divisions borrowed $1 billion each, according to a document released yesterday.
Arab Banking Corp., then 29 percent-owned by the Libyan central bank, used its New York branch to get at least 73 loans from the Fed in the 18 months after Lehman Brothers Holdings Inc. collapsed. The largest single loan amount outstanding was $1.2 billion in July 2009, according to the Fed documents.
The foreign banks took advantage of Fed lending programs even as their host countries moved to prop them up or orchestrate takeovers.
Dexia received billions of euros in capital and funding guarantees from France, Belgium and Luxembourg during the credit crunch.
The Fed loans were “secured by high-quality U.S. dollar municipal securities,” and used only to fund U.S. loans, bonds and other financial assets, Ulrike Pommee, a spokeswoman for the company, said in an e-mail.
“The Fed played its role as central banker, providing liquidity to banks that needed it,” she said, adding that Dexia’s outstanding balance at the Fed has been reduced to zero. “This information is backward-looking.”
Depfa was taken over in October 2007 by Hypo Real Estate Holding AG, which in turn was seized by the German government in 2009.
“Since the end of May 2010, Depfa is not making use of the Federal Reserve Discount Window,” Oliver Gruss, a spokesman for the bank, said in an e-mailed statement. He declined to comment further.
Many foreign banks own large pools of dollar assets -- bonds, securities and loans -- funded by short-term borrowings in money markets. The system works when markets are calm, said Dino Kos, former executive vice president at the New York Fed in charge of open-market operations. In times of stress, banks can be subject to sudden liquidity squeezes, he said.
“They are playing with fire,” said Kos, a managing director at Hamiltonian Associates Ltd. in New York, an economic research firm. “When the market dries up, and they can’t roll over their funding -- bingo, you have a liquidity crisis.”
The potential for dollar shortages remains. As the Greek fiscal crisis roiled financial markets last year, the Fed had to open swap lines with the European Central Bank, the Swiss National Bank, the Bank of England and two other central banks to make more dollars available around the world. That move was partially the result of U.S. money market funds shrinking their exposure to European bank commercial paper.
Bloomberg News is posting the Fed documents here for subscribers to the Bloomberg Professional Service as well as online at www.bloomberg.com.
To contact the reporters on this story: Bradley Keoun in New York at bkeoun@bloomberg.net; Craig Torres in Washington at ctorres3@bloomberg.net
To contact the editor responsible for this story: David Scheer at dscheer@bloomberg.net
VKD: DOCUMENTS & ARTICLES SUPPORTING: A REPORT THAT PUTS REASONING, FACT AND LOGIC BEHIND THE RECENT JAPANESE DISASTERS.
Posted By: watcher51445 [Send E-Mail]
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Phyllis Ford
Carpenter’s Touch Ministries, Arlington, Texas
www.carpenterstouch.org
Word of the Lord
April 2011
The following is the Word that I received from the Lord for the month of April---it is a very sobering word and it should shift our thinking as to how we perceive things concerning the Lord’s longsuffering with our nation and what is about to occur during these next four months. Does this word of caution say to us that we are at the end? No, but what it says is that we are approaching a very serious course of events that will directly affect us as a region and as a nation and we need to be prepared spiritually and naturally.
2 Kings 13:14-19 14 Now Elisha was suffering from the illness from which he died. Jehoash king of Israel went down to see him and wept over him. "My father! My father!" he cried. "The chariots and horsemen of Israel!" 15 Elisha said, "Get a bow and some arrows," and he did so. 16 "Take the bow in your hands," he said to the king of Israel. When he had taken it, Elisha put his hands on the king's hands. 17 "Open the east window," he said, and he opened it. "Shoot!" Elisha said, and he shot.
Rumormill News
A REPORT THAT PUTS REASONING, FACT AND LOGIC BEHIND THE RECENT JAPANESE DISASTERS... Finally Something that Makes SENSE! Japan was Ready to Throw out the U.S. Military & the NWO
Posted By: Rayelan [Send E-Mail] The following pdf was sent to me by sources who wrote: The Report is dated 12th March 2011, which is One (1) day after the Japanese Earthquake and Tsunami on the 11th March 2011. These coincidences are too much of a coincidence to be an actual coincidence. The report is 110 pages long. It has maps and documentation in the form of reports, videos, photos, graphs and more documentation than you will have time to read. Essentially the report is saying that the earthquake was caused by a nuclear bomb. The attack on Japan was because Japan was getting ready to throw out the United States Military bases which would also mean cutting off all ties to the NWO Rockefeller, Rothshield cabal. snip from the pdf: STRICTLY PRIVATE & CONFIDENTIAL snip EVENT ANALYSIS: i. Yokusuka US Military Naval Base; Please see ITEMs-2 & 4 below: MAP of the US Military Bases in JAPAN & Yokusaka US Naval Facility. Kindly see ANNEX-2 & 3 below: United States Armed Forces in JAPAN & US Military Bases in JAPAN. Substantial number of Japanese local and national Politicians supported by the people, wanted the US Military Bases in Okinawa and other Japanese territories to be moved out of JAPAN and transferred to US Territory in Hawaii and Guam. Please see ANNEX-1 below: Japanese Bureaucrats Hide Decision to Move All US Marines out of Okinawa to Guam [Japanese original text at Tanaka News. The massive 8.9 Honshu-JAPAN Earthquake may be triggered intentionally by the NWO-KHAZAR-CIA, in response to Japanese Politician’s intention to move out the US Military bases out of Japan, similar to the Massive Mount Pinatubo Volcanic Eruption and Earthquake in the entire Luzon in the Philippines in 1991, during the Senate and Congress proceedings not to renew the US Military bases and move them out of the Philippines From 1952 to 2004, there were approximately 200,000 accidents and crimes involving U.S. soldiers, in which 1,076 Japanese civilians died. Over 90% of the incidents were vehicle or traffic related.[10] According to the U.S.-Japan Status of Forces Agreement U.S. personnel have partial extraterritorial right, so in most cases suspects were not arrested by Japanese authorities.[10] snip In 1995, the abduction and rape of a 12-year-old Okinawan schoolgirl by two U.S. Marines and one U.S. sailor led to demands for the removal of all U.S. military bases in Japan. Other controversial incidents include helicopter crashes, the Girard incident, the Michael Brown Okinawa assault incident, the death of Kinjo family and the death of Yuki Uema. In February 2008, a 38-year-old U.S. Marine based on Okinawa was arrested in connection with the reported rape of a 14-year-old Okinawan girl.[11] This triggered waves of protest against American military presence in Okinawa and led to tight restrictions on off-base activities.[12][13] --- end of snip --- There are many reasons the Japanese want the United States gone, the above incident is one that made the American media. I sent the report to Leuren Moret to get a comment from her. Here is her first response on an initial short reading: THAT'S WHY THEY GOT NUKED. In other words, the Japanese were trying to move away from the NWO Rothschild banking imperialists and probably align with those countries who have broken the yoke of the City of London. The only major countries to have been able to do this are China and Russia. Remember... Russia's president offered to resettle the Japanese citizens in Russia. In my opinion, Russia knew from day ONE who nuked Japan and why. Take the time to read this pdf. It probably has even MORE information than I realize due to my quick read.
Date: Friday, 1-Apr-2011 01:43:07
We can not disclose where it came from or who the author is. What we can say however is that the author is a Government official and Head of a Government Authority.
12 MARCH 2011
NWO-Khazars-Rothschild-CIA may be involved in another massive crime against the People of the Sovereign Nation of JAPAN:
The Epicenter of the massive 8.9 Honshu-Japan Earthquake is located relatively near the following US Military Bases in Japan:
ii. Fussa US Airforce Base; and
iii. Misawa US Airbase
I KNEW IT... THREE PRIME MINISTERS IN A ROW HAVE SERVED ONLY ONE YEAR BECAUSE THEY WERE MOVING TOWARDS CHINA. THE EMPEROR WENT TO CHINA AND APOLOGIZED FOR WW II.
[ILOVEMYLIFE] Hey, All! Understand one thing. The RV
is already done and is coming to us through the system as we write. No
stop watches on time frames please. As of our Sunday night, everything
in Baghdad had been signed off on (remember the U.S. Treasury and
others have been there for some time now getting this all put together
and completed). As of our Sunday night, the RV was put into motion and
the ping went out at that time at $6.19. Verification of both was
reported yesterday morning. The U.S. Treasury said they would not
leave Baghdad until it was all completed. Well, as of 8:00 Tuesday
morning in Baghdad (our last night) all treasury personnel working on
the revalue of the dinar had boarded planes and had left. It was about
noon yesterday MST (3 hours behind Eastern Daylight), that the U.S.
Treasurey put out advance notification by secured communication lines,
to the banks that they were to honor the exchange of the Iraqi dinar
at all branches. Other financial entities were given their "heads-up".
Yesterday afternoon late, (MST) we got a message from someone outside
our information base that the rate is $5.27 and that the Dong would
also go. I did not understand that rate since it had pinged originally
at $6.19 (sent out signal between the banking and forex systems -
think of the radar ping in the submarine movies), but, I reported what
was said by some at that time. This morning it was made known that the
Dong would not go as yet, but that in some ways is good - but that is
another story. Also, it has been verified that the IQD is still
holding at $6.19.
[ILOVEMYLIFE] Now, understand that the RV has already been put out and
it is in the system and can show - remember - at any time. This is not
tied to days of the week or times of the day - when it gets to that
"special number", it will light up the banking screens and they are
already waiting for dinar holders to show up. It is NOT delayed... it
is NOT being held up... it is NOT not going to happen now, etc!! IT
HAS ALREADY! We can truly see it at ANY TIME! Also, this time frame is
not open-ended. It is to be in place before the end of the month. That
is, by the way, day after tomorrow. HOWEVER! The main emphasis is on
the ANY TIME - as in still quite possibly today! Do not get nervous or
wondering as there is no longer anything to wonder about - except how
long it will take to show up on your account screen. :-) Hold steady!
It is happening right now. Be Well,