Monday, December 11, 2006

Palast: Tinker Bell, Pinochet And The Fairy Tale Miracle Of Chile

MIRACLES HAPPEN

HR comment: There are some things Greg Palast - who is a hell of a good investigating reporter - can not write about - like 9/11 being an inside job by the US junta or who owns the so called 'Federal Reserve'? - without probably getting a gun to his head. So I might as well offer some further information. General Augusto Pinochet - who had me kicked out of Chile in June 1974 - in the too many following years also embezzled tens of millions of dollars. He hid them - he thought - in 128 (one-hundred-and-twenty-eight) different bank accounts, most of them in the internationally known 'Bank for Crooks & Spooks' the Riggs bank.

This far Palast can write, but not the following: the infamous Riggs Bank always was a part of the so called 'Bank of International Settlement' (BIS*) in Basle, Switzerland, and Riggs 'the fraud machine' is owned by Bank Leumi, Israel's second largest bank. So in reality the international racket of usurers took care of Pinochet's loot. - Url.: http://tinyurl.com/uac5v

MIRACLES HAPPEN

Palast also and rightfully writes about the criminal behavior by the World Bank and the International Monetary Fund, both criminal BIS institutions and part of the US junta's financial evil empire. But there was a miracle though: Brazil like Argentina was helped in December last year by president Hugo Chavez of Venezuela. He is trying to do the same as got Salvador Allende killed, and in this case saw to it that Brazil as well as Argentina escaped the garrote of the usurers, the IMF and World Bank. Both countries could pay their scandalous debts beforehand. - Url.: http://tinyurl.com/vlsv9

So Palast has to avoid writing about the origin of the evil, he can't ''follow the money'' to define the crooks because than he'll be 'neutralized'. But it's criminal thieving bank managers like those from BIS and the Bank of England which decide how much the money in your wallet is worth. Chile and its suffering population is only one of the victims of their ''Global Banking''. Perpetrated via all by them managed 'central banks' of the 'The Bank for International Settlements' (BIS). ''Who controls global monetary affairs? The BIS! Based in Basle, Switzerland, the BIS is central bank to central banks. The BIS has greater immunity than a sovereign nation, is accountable to no one, runs global monetary affairs and is privately owned. This is a must-read report to understand the globalization process.'' - Url.: http://tinyurl.com/y6xmed

Friedman - who died in San Francisco last 16 November and not many Chileans and others mourned him - went to Stockholm in December 1976 to receive the Economy Nobel Prize from his brothers in the faith. It was a shame to give him the prize, but the Nobel Medal has a very dark backside. - [http://tinyurl.com/ym7azm]

He did not regard it as the pinnacle of his career, and said so. Which I understand - after all the criticism he got for his 'exterminating economy'. As elected chairman of the Foreign Press Association of Sweden it was my first question to Friedman which made him stop the rest of the press conference. I asked him if he remembered the interviews I did with him when he was preparing his maniacal assault with his collaborating gang of 'Chicago Boys' on that country. He was a disaster for humanity but not for the banks. So Friedman denied knowing me or ever having been in Chile, and that did it for the others too. We all knew better than those lies. Friedman was a killer, and like Pinochet - as the Chileans say those days: "The Devil has finally woken up and came to get them." From my point of view they may rot in Hell. Together with all other of the junta's collaborators. - HR

Tinker Bell, Pinochet And The Fairy Tale Miracle Of Chile

by Greg Palast

Sunday, Dec. 10, 2006 - Chile's former military dictator General Augusto Pinochet died today at the age of 91.

Cinderella‚s Fairy Godmother, Tinker Bell and General Augusto Pinochet had much in common.

All three performed magical good deeds. In the case of Pinochet, he was universally credited with the Miracle of Chile, the wildly successful experiment in free markets, privatization, de-regulation and union-free economic expansion whose laissez-faire seeds spread from Valparaiso to Virginia.

But Cinderella‚s pumpkin did not really turn into a coach. The Miracle of Chile, too, was just another fairy tale. The claim that General Pinochet begat an economic powerhouse was one of those utterances whose truth rested entirely on its repetition.

CHILE COULD BOAST SOME ECONOMIC SUCCESS. BUT THAT WAS THE WORK OF SALVADOR ALLENDE - WHO SAVED HIS NATION, MIRACULOUSLY, A DECADE AFTER HIS DEATH.

In 1973, the year General Pinochet brutally seized the government, Chile‚s unemployment rate was 4.3%. In 1983, after ten years of free-market modernization, unemployment reached 22%. Real wages declined by 40% under military rule.

In 1970, 20% of Chile‚s population lived in poverty. By 1990, the year ''President'' Pinochet left office, the number of destitute had doubled to 40%. Quite a miracle.

Pinochet did not destroy Chile‚s economy all alone. It took nine years of hard work by the most brilliant minds in world academia, a gaggle of Milton Friedman‚s trainees, the Chicago Boys. Under the spell of their theories, the General abolished the minimum wage, outlawed trade union bargaining rights, privatized the pension system, abolished all taxes on wealth and on business profits, slashed public employment, privatized 212 state industries and 66 banks and ran a fiscal surplus.

THE MIRACLE OF CHILE

Freed of the dead hand of bureaucracy, taxes and union rules, the country took a giant leap forward ∑ into bankruptcy and depression. After nine years of economics Chicago style, Chile‚s industry keeled over and died. In 1982 and 1983, GDP dropped 19%. The free-market experiment was kaput, the test tubes shattered. Blood and glass littered the laboratory floor. Yet, with remarkable chutzpah, the mad scientists of Chicago declared success. In the US, President Ronald Reagan‚s State Department issued a report concluding, ''Chile is a casebook study in sound economic management.'' Milton Friedman himself coined the phrase, ''The Miracle of Chile.'' Friedman‚s sidekick, economist Art Laffer, preened that Pinochet‚s Chile was, ''a showcase of what supply-side economics can do.''

IT CERTAINLY WAS. MORE EXACTLY, CHILE WAS A SHOWCASE OF DE-REGULATION GONE BERSERK.

The Chicago Boys persuaded the junta that removing restrictions on the nation‚s banks would free them to attract foreign capital to fund industrial expansion.

Pinochet sold off the state banks - at a 40% discount from book value - and they quickly fell into the hands of two conglomerate empires controlled by speculators Javier Vial and Manuel Cruzat. From their captive banks, Vial and Cruzat siphoned cash to buy up manufacturers - then leveraged these assets with loans from foreign investors panting to get their piece of the state giveaways.

The bank‚s reserves filled with hollow securities from connected enterprises. Pinochet let the good times roll for the speculators. He was persuaded that Governments should not hinder the logic of the market.

BY 1982, THE PYRAMID FINANCE GAME WAS UP.

The Vial and Cruzat ''Grupos'' defaulted. Industry shut down, private pensions were worthless, the currency swooned. Riots and strikes by a population too hungry and desperate to fear bullets forced Pinochet to reverse course. He booted his beloved Chicago experimentalists. Reluctantly, the General restored the minimum wage and unions‚ collective bargaining rights. Pinochet, who had previously decimated government ranks, authorized a program to create 500,000 jobs. In other words, Chile was pulled from depression by dull old Keynesian remedies, all Franklin Roosevelt, zero Reagan/Thatcher. New Deal tactics rescued Chile from the Panic of 1983, but the nation‚s long-term recovery and growth since then is the result of - cover the children‚s ears - a large dose of socialism.

To save the nation‚s pension system, Pinochet nationalized banks and industry on a scale unimagined by Communist Allende. The General expropriated at will, offering little or no compensation. While most of these businesses were eventually re-privatized, the state retained ownership of one industry: copper.

FOR NEARLY A CENTURY, COPPER HAS MEANT CHILE AND CHILE COPPER.

University of Montana metals expert Dr. Janet Finn notes, ''It's absurd to describe a nation as a miracle of free enterprise when the engine of the economy remains in government hands.'' Copper has provided 30% to 70% of the nation‚s export earnings. This is the hard currency which has built today‚s Chile, the proceeds from the mines seized from Anaconda and Kennecott in 1973 - Allende‚s posthumous gift to his nation.

Agribusiness is the second locomotive of Chile‚s economic growth. This also is a legacy of the Allende years. According to Professor Arturo Vasquez of Georgetown University, Washington DC, Allende‚s land reform, the break-up of feudal estates (which Pinochet could not fully reverse), created a new class of productive tiller-owners, along with corporate and cooperative operators, who now bring in a stream of export earnings to rival copper. ''In order to have an economic
miracle,'' says Dr. Vasquez, ''maybe you need a socialist government first to commit agrarian reform.''

SO THERE WE HAVE IT. KEYNES AND MARX, NOT FRIEDMAN, SAVED CHILE.

But the myth of the free-market Miracle persists because it serves a quasi-religious function. Within the faith of the Reaganauts and Thatcherites, Chile provides the necessary genesis fable, the ersatz Eden from which laissez-faire dogma sprang successful and shining.

In 1998, the international finance Gang of Four - the World Bank, the IMF, the Inter-American Development Bank and the International Bank for Settlements - offered a $41.5 billion line of credit to Brazil. But before the agencies handed the drowning nation a life preserver, they demanded Brazil commit to swallow the economic medicine that nearly killed Chile. You know the list: fire-sale privatizations, flexible labor markets (i.e. union demolition) and deficit reduction through savage cuts in government services and social security.

In Sao Paulo, the public was assured these cruel measures would ultimately benefit the average Brazilian. What looked like financial colonialism was sold as the cure-all tested in Chile with miraculous results.

BUT THAT MIRACLE WAS IN FACT A HOAX, A FRAUD, A FAIRY TALE IN WHICH EVERYONE DID NOT LIVE HAPPILY EVER AFTER.

GREG PALAST

Greg Palast is the author of the New York Times bestseller, ''Armed Madhouse''. Read his reports at - Url.: www.GregPalast.com

FPF - RELATED:

* Blood Deposits and the Riggs Bank - Do not expect to find the words BIS or LEUMI in this story, Counterpunch wants to keep publishing - Weekend Edition - March 12 / 13, 2005 - Pinochet's Bank Finally Pays Up - By SAUL LANDAU and SARAH ANDERSON - Url.: http://www.counterpunch.org/landau03122005.html

* The World Bank is like the IMF (International 'Murder' Fund its called) a criminal organization - An army doesn't march on an empty stomach... - Url.: http://beirut.indymedia.org/ar/2005/03/2392.shtml

* Pinochet + FPF/HR - Google selection - Url.: http://tinyurl.com/y3yv3p

* POWERLESS JUDGES: ARE WE ENTERING AMERICA'S DARKEST HOUR? - Url.: http://tinyurl.com/t5v2l

* THE USE OF THE PHRASE 'ANTI SEMITISM' IS PURE NONSENSE - Url.: http://tinyurl.com/y8fwhf

MORE & RELATED LINKS - Url.: http://tinyurl.com/v9pjs

* Born in The Netherlands, journalist HR this far has lived and worked abroad (never in an English speaking country) for more than 4 decades for national and international media as an independent foreign correspondent. Of which 10 years - also during Gulf War I - in the African/Arab world and the Middle East. Seeing worldwide that every invasion, bullet and bomb logically breeds more and legal resistance. Not only among Muslims, as the Junta Judasses claim, but in all countries surrounding the US and their junta's war machine. - "War criminals, beware!" - Url.http://tinyurl.com/y7wr67

* FPF-COPYRIGHT NOTICE - In accordance with Title 17 U. S. C. Section 107 any copyrighted work in this message is distributed by the Foreign Press Foundation under fair use, without profit or payment, to those who have expressed a prior interest in receiving the information.

FOREIGN PRESS FOUNDATION
Editor: Henk Ruyssenaars
http://tinyurl.com/gpr4j
The Netherlands
fpf@chello.nl

-0-

ANY IDEA WHO DECIDES WHAT YOUR MONEY IS WORTH?

FPF-fwd. Nolan K. Anderson

And you thought they were only "minor" crooks - part 10

FPF/HR - Dec 11th 2006 - It's worse than a bad story on global crooks: it's reality from behind the scene. Nobody in this racket is shouting: 'We want Wanta' but they all want the billions and former US ambassador Wanta silenced. Are also in your country and so called 'Central Bank' billions of $$$ on the roll...? You'll find a list below of the banks supporting those who hold the gold and the power.

THE MAIN HEAD OF HE HYDRA CONCERNING 'GLOBAL BANKING'

'BIS' IS TOGETHER WITH THE PRIVATE 'BANK OF ENGLAND' - [http://tinyurl.com/hcrg7] - the main head of he Hydra concerning 'Global Banking': BIS is the abbreviation used for the 'Bank for International Settlements'. Who controls global monetary affairs? The BIS! Based in Basle, Switzerland, the BIS is central bank to central banks. In nearly all countries on earth.

The BIS has greater immunity than a sovereign nation, is accountable to no one, runs global monetary affairs and is privately owned. - No worldly power - police or similar - holds any power to control the BIS elite - anytime or anywhere.

THIS IS A 'MUST-READ' REPORT TO UNDERSTAND THE GLOBALIZATION PROCESS - Url.: http://tinyurl.com/y6xmed

AND AFTER READING THE 'BIS' ARTICLE ONE SEES HOW THE HAND FITS THE GLOVE:

AND YOU THOUGHT THEY WERE ONLY "MINOR" CROOKS

(The History of the Greatest Heist(s) in World History - As It/They Unfold)

... Part 10...

By Nolan K. Anderson

We hang the petty thieves and appoint the great ones to public office.

... Aesop ..."We'll do what we goddam well please"

...George Bush White house Aide...


Act 6, Scene 1:

It is well to remember that the drama which has been unfolding and is continuing to become clear has not been conducted in total secrecy. Of course the players have done their best to keep themselves and their actions invisible, but a bright light has been shown on a large portion of their schemes and swindles in recent months. In fact it might be worthwhile to name the persons and organizations with whom the background information in this series has been shared. It might be well to ponder why these people and these organizations have not seen fit to protect the best interests of their countries FROM THE GREED OF THEIR LEADERS.

On November 29, 2006, copies of the International Currency Review, from which the intimate details contained in this series has been taken, thudded onto the desks of the following persons and entities. The special edition of International Currency Review contained information that no honest politician or diplomat could ignore or fail to understand. Even a politician engaged in any activity short of treason could possibly ignore the information with which he has been presented. See if you recognize any of the names here:

FROM THE UNITED STATES:

The President of the United States, George W. Bush Jr., Senator William H. Frist, Republican Presidential Task Force; The Hon John D. Rockefeller IV; The Hon. Hank ('Conflict-of-Interest') Paulson himself; Tom Henneghan, Venice, CA; Jay Timmons, Executive Director, Republican National Task Force; The Hon. Pat Roberts, Senator Richard C Shelby; Senator John Warner; Senator Harry Reid; Congressman Steny Hoyer; Senator John E. Sununu; Senator Paul S. Sarbanes; The Hon. Dr Condoleeza Rice, the US Secretary of State; First Lady Nancy Reagan; Governor Arnold Schwarzenegger of California; The Hon. Robert Gates, the Nominee Secretary of Defense; The Hon. Roberto Gonzales, US Attorney General; The Hon Richard Cheney, Vice President of the United States; Senator Arlen Specter; Senator Herb Kohl; Senator Chuck Hagel; Senator Chuck Grassley; Senator Richard Durbin; Senator Charles E. Schumer; Senator Joseph R. Biden, Jr.; Senator Carl Levin; Senator Joseph I. Lieberman; Thomas E Henry, Attorney-at-Law, Omaha; Steven Goodwin, Attorney-at-Law, Richmond, VA; and selected intelligence officials on both sides of the Atlantic.

FROM AROUND THE WORLD:

Dr. Alexandra Nogawa, Bank for International Settlements; The Republican National Committee; The Office of the Prime Minister of Israel; The Hon. Gordon Brown, British Chancellor the Exchequer; Gordon Thomas, UK intelligence adviser; The President of Austria; The Ambassador of the Republic of Austria to Great Britain; His Excellency President Vladimir Vladimirovich Putin; His Excellency M. Jean-Paul Levitte, Ambassador of France to the United States.

After contemplating the names and their significance, one might wonder why, in this age of instant communication, not one word has emerged in the American emasculated press or even from such luminaries in the field of journalism as Rush Limbaugh, Sean Hannity or Bill O'Reilly about the significance of what these Very Important Persons have been given. Could it be that our press isn't so free after all? Could it be that our leading "blabber mouths" find themselves tongue-tied when it comes to news which is of vital importance, not only to Americans, but to the entire world? Could it be that the "fix is already in" and that with the monies involved, the players in our drama know that any lawyer, judge or jury can be purchased or that a few "well-placed" assignations will calm the spirit of even the most ardent "do-gooder"? Or, could it be that a world-wide financial/economic/currency crash isn't really all that newsworthy in this day of Survivor and NFL football?

But more to the point, "What is wrong with our new 'main stream media' - the Internet"? Why won't the Internet publishers carry this series? Where is the "fearless" media of today? Oh, I know. Every writer has an opinion on Iraq and "what it all means". Is it a civil war in Iraq or an example of democracy at its best? Whose fault is it that our "Moron-in-Chief" decided to try to steal Iraq's oil? The Democrats now think the ensuing quagmire is the fault of the Iraqis. The Iraqi army needs more "TRAINING" they say. 'Let's re-deploy'. 'Let's not all crowd to get on the 'last chopper out'". 'Let's make believe we have won again and the chopper we are boarding isn't really the last one available". "THERE'S STILL OIL UNDER THEM DUNES, BOYS".

TO ACCOUNT FOR THE SOURCE AND DISPOSITION OF THESE FUNDS

While we are naming names, perhaps a list of the banks which have been a party to handling the funds created by President Reagan and administered by one of his most trusted intelligence/Treasury officials, Leo Wanta should be shown. (It should be observed that these banks will be required on the "Day of Reckoning" to repay their portion of the original 27.5 Trillion dollars - or their portion of its negotiated 4.5 Trillion dollar settlement value AND TO ACCOUNT FOR THE SOURCE AND DISPOSITION OF THESE FUNDS).

"Stand by for more bankers to jump out of high-rise windows as more of their number are exposed and forced to account for source and use of funds - after being misled by the CIA into believing that they could treat Wanta's funds as their own, while their collaborating intelligence community scamsters ran for cover. It is these people who need to be rounded up and, as Michael C. Cottrell MS, has suggested, 'given the meat-hook treatment'. That may be indistinguishable from the 'lamp post' treatment implied by the confession attributed to that arch-criminalist, George H. W. Bush Sr, who is reported to have commented: 'If the American people knew what we have done, they would string us all up on lamp posts'. That may well yet happen. The global institutions which must disgorge Ambassador Leo Wanta's funds, or which have handled transactions for him and his Title 18, Section 6 USG corporations contracted to the US Government, or which have banking relationships with the Ambassador and his corporations include, but are not necessarily confined to, the following organizations:

AB Invest [Avenue Banque]
ABN-AMRO Bank N.V., Amsterdam,
Agape Holdings, Ltd, Barbados
Agricultural Bank of China
Algemene Spaar-en Lufrentenkas
Algemene Spaar-en Lufrentenkas/ASLK Bank
Altalanos Eriekforgalmi Bank Rt (AEB RT)
Amsouth Bank, N.A
Amur Commercial Bank, Moscow
Anglo Manx Bank Limited
Arab Jordan Investment Bank
Australia & New Zealand Banking Group Limited, Melbourne
Bacob Savings Bank, Borgerhout, Belgium
Banca di Roma, Rome
Banca Nazionale del Lavoro
Banco Ambrosiano Veneto
Banco Espanol de Credito, S.A., Madrid
Banco Espirito Santo e Comerciale de Lisboa, Lisbon
Banco Exterior de Espana, Madrid
Banco Hispano Americano
Bangko Sentral ng Pilipinas
Bank 'UKRAINA', Kiev, Ukraine
Bank Bruxelles Lambert
Bank Crozier Limited, Grenada [closed down, money stolen]
Bank Dumesnil, Geneva
Bank for Foreign Economic Affairs of the USSR, Moscow
Bank of America
Bank of America International, New York
Bank of America, Milan
Bank of America, Newport Beach, CA
Bank of America, Vienna, Austria
Bank of China
Bank of New York, New York
Bank of Tokyo-Mitsubishi, Ltd, Tokyo
Bank Union de Crédit
Bankers Trust GmbH, Frankfurt
Banque Nationale de Paris
Banque Paribas (Luxembourg) S.A
Banque SCS ALLIANCE Geneva
Banque Suisse de Crédit et de Dépôts, Zürich
Barclays Bank, Hanover Square, London
CBI-TDB Union Bancaire Privée, Geneva
Chase Manhattan Bank N.A., London,
Chase Manhattan Bank, Milan
Chase Manhattan Bank, New York
Chase Manhattan Bank, Vienna
Chemical Bank of New York
Citibank - Frankfurt
Citibank - Geneva
Citibank - Los Angeles
Citibank - Milan
Citibank - New York
Citibank - Singapore
Citibank - Tokyo
Citibank - Vienna, Austria
Citibank, N.A., Philippines
Citicorp/Citibank
Citicorp/Citibank, London, Painewebber, Inc
Clydesdale Bank Plc
Commercial Bank 'Moldova-Agroindbank', S.A., Kishinev
Coutts Bank (Switzerland) Ltd
Coutts Bank, London
Crédit Lynonnais Bank Nederland NV, Amsterdam
Crédit Suisse Bank
Crédit Suisse Bank, Geneva
Crédit Suisse Bank, Lausanne
Crédit Suisse First Boston, Zürich
Credobank (Commercial Bank)
DBS Bank/Development Bank of Singapore: This bank was closed down by the Singapore authorities and $70 billion belonging to/controlled by Ambassador Wanta was stolen in the process.
Dean Witter Reynolds
Den Norske Bank AS, Oslo
Deutsche Bank, Düsseldorf
Dresdner Bank, Frankfurt
Faroe Investments
FIDENAS AG, Zürich, Switzerland
Générale de Banque
Gosbank, USSR
Handels Bank AG, Zürich
Handelsbank Natwest, Zürich
Hansabank, Talinn, Estonia
Joint Stock Bank 'Kazkommertsbank', Almaty
Jugobanka D.D
Lloyds Bank Plc
Lloyds Bank Plc, Aylesbury, Buckinghamshire
[funds placed in the personal name of Jan Morton Heger]
Manufacturers Hanover Corporation/Mantrust
Marshall and Ilsley Bank
Merita Bank, Helsinki
Merrill Lynch Inc
Midland Bank Plc, London
Morgan Guaranty & Trust Bank, New York
Morgan Stanley and Co, New York
Morgan Stanley Asia Ltd, Hong Kong
Moscow Cooperative Bank 'Partner' Bank
Moscow Narodny Bank Ltd, Singapore
Mosstrolbank, AmeriTrust Corporation Inc.
National Bank for Foreign Economic Activity of the Republic of Uzbekistan, Tashkent,
National Westminster Bank
National Westminster Bank of New Jersey
National Westminster Bank Plc., Herne Bay, Kent
Nomura Singapore Limited
Nordbanken AB, Stockholm
Northern Trust International Banking Corporation
Norwest Bank, N.A
Ost-West Handelsbank, Frankfurt
Painewebber, Inc
Paribas (Suisse) S.A., Geneva
Philadelphia International Bank
Prudential Securities, New York
Raffeisen Zentralbank Osterreich, Vienna
Raffeisenbank Appenzell
Rafffeisen Zentralbank Osterreich AG [RBZ], Singapore
Relvnesheconombank, Minsk
Rigas Komerc Banka, Riga, Latvia
Royal Bank of Scotland Plc
Royal Trust Bank
Sanwa Bank Limited
Sanwa Bank Lt, Düsseldorf
Schweizerische Bankgesellshaft /Union Bank of Switzerland
Security Pacific Asia Bank, Ltd
Shearson Lehman Hutton Inc., Denver
Société Générale, Paris
Société Générale, Riga, Latvia
Southwest Securities, Inc
Standard Chartered Bank, Philippines
State Bank for Foreign Economic Affairs for Turkmenistan
Status-Credit Bank, Moscow
Swiss Banking Corporation
Swiss Volksbank, Zürich[1]

Act 6, Scene 2:

If one is contemplating fraud, larceny, murder and mayhem and feels that he/she may ever need a lawyer, the last thing any sane crook would do is to cheat a lawyer in the case. That is slightly more dangerous that playing Russian Roulette with six rounds in the cylinder of the gun or antagonizing your wife's divorce lawyer. However, that is exactly what our brazen criminals have done. They have cheated lawyers handling the details of the "Wanta Settlement". The closest any crook will ever come to justice is at the hands of a cheated lawyer - especially if the lawyer is being cheated out of his fee. For this reason alone, I am given great faith in the justice systems of both the US and the UK.

Also deprived of their funds, which were to have been settled in tandem with the Ambassador's $4.5 trillion, are law firms represented by TROUTMAN SANDERS LLP and PARKER CHAPIN LLC.[3]

THIS ACT IS BEING PLAYED "UNDER THE COVERS" AND IN SMOKE FILLED BACK ROOMS ON EACH SIDE OF THE ATLANTIC. THIS ACT WILL BE RE-VISITED AS OUR DRAMA UNFOLDS.

Act 6, Scene 3 - The Chinese Connection:

Aside from the fact that the Communist Chinese government is owed huge sums by the American Treasury under the terms of the 4.5 Trillion dollar "Wanta Settlement" the Chinese are much more aware of "financial realities" than their counterparts in Washington. The Chinese know that if the US government defaults on the terms of this settlement, the dollar will collapse and their economy will be crucified because they are the largest holder of real cash dollars in the world. The Chinese are so aware of the implications of the "Wanta Settlement" that "THEY HAVE INFORMED THE AMERICAN AUTHORITIES THAT THEY WILL MEET THE US TREASURY'S OBLIGATIONS . . . WHICH WOULD OF COURSE GIVE THE CHINESE COMMUNIST GOVERNMENT UNPRECEDENTED LEVERAGE OVER THE UNITED STATES IN PERPETUITY".[4]

Even American politicians, who are accustomed to squandering and stealing millions and billions of dollars from the American taxpayer on a regular basis, know that even they don't find TRILLIONS of dollars "within easy reach". So, there is considerable significance in finding a foreign power ready and willing to pay a US debt of this dimension. Even an American politician can hardly shrug off the significance of such a realization. Again, we find an Act which is being played out under cover of stealth. This Act will also be revisited as the players "go through their routines".

INTERMISSION:

It is time for reflection and absorption. It is time to let history work for a while. It is time to relax and watch football for a time. The story and our players will still be here when we return. The story will have progressed and a few of the players may have "lost their footing while attempting to 'wash the windows of their high-rises'. Others may be scurrying for additional cover. We will revisit their efforts.

REFERENCES:

[1],[2] Paulson Conflict of Interest Over Wanta Funds

By Christopher Story FRSA , Editor and Publisher, International Currency Review, World Reports Limited, www.worldreports.org.

[3],[4] Conspiracy to Steal Wanta's $4.5 Trillion Exposed

Tuesday 211 November 2006

By Christopher Story FRSA , Editor and Publisher, International Currency Review, World Reports Limited, www.worldreports.org.

Nolan K. Anderson is a retired engineer and a veteran of Korea who was once a "conservative" until he found there was nothing left to conserve and as a veteran hates to see a tour in Korea go to waste. (He may be reached at nkanders@bellsouth.net ). - Fwd. by FPF.

Also published at APFN web site - Url.: http://disc.server.com/discussion.cgi?id=234999;article=920

FPF - LINKS:

* THE GIANT BANK OF ENGLAND IS A PRIVATELY OWNED INSTITUTION; WHICH IS NOT SUBJECT TO REGULATION BY THE BRITISH PARLIAMENT, AND IS IN EFFECT A SOVEREIGN WORLD POWER. - Url.: http://tinyurl.com/yaojp9

* GULAG: BUILDING MORE CONCENTRATION CAMPS IN THE US - Url.: http://tinyurl.com/zzyqh

* POWERLESS JUDGES: ARE WE ENTERING AMERICA'S DARKEST HOUR? - Url.: http://tinyurl.com/t5v2l

* THE USE OF THE PHRASE 'ANTI SEMITISM' IS PURE NONSENSE - Url.: http://tinyurl.com/y8fwhf

MORE & RELATED LINKS - Url.: http://tinyurl.com/v9pjs

* Born in The Netherlands, journalist HR this far has lived and worked abroad (never in an English speaking country) for more than 4 decades for national and international media as an independent foreign correspondent. Of which 10 years - also during Gulf War I - in the African/Arab world and the Middle East. Seeing worldwide that every invasion, bullet and bomb logically breeds more and legal resistance. Not only among Muslims, as the Junta Judasses claim, but in all countries surrounding the US and their junta's war machine. - "War criminals, beware!" - Url.http://tinyurl.com/y7wr67

* FPF-COPYRIGHT NOTICE - In accordance with Title 17 U. S. C. Section 107 any copyrighted work in this message is distributed by the Foreign Press Foundation under fair use, without profit or payment, to those who have expressed a prior interest in receiving the information.

FOREIGN PRESS FOUNDATION
Editor: Henk Ruyssenaars
http://tinyurl.com/gpr4j
The Netherlands
fpf@chello.nl

-0-