Browsing: The Money Scam

‘Catherine Austin Fitts just published documentation of Department of Defense (DOD) official audit reports from 1998 that acknowledge “losing track” of $6.5 trillion, along with Department of Housing and Urban Development (HUD) admission of “losing” over $100 billion. This is euphemistically termed “unaccounted,” and literally means that DOD agrees they received these funds, agrees the funds are gone, and then claims to not have records of where the money went…

…I wrote last year upon publication of DOD’s report. Of course, such “official” looting never happens with lawful accounting because records always show where the money goes. This would be like your bank agreeing they received a $65,000 deposit from you, agreeing the money was gone, and not refunding your account while claiming no further information of this “unaccountable,” “lost,” and “missing” money.

The most common historical explanation of governments “losing” money is, of course, embezzlement to enrich an oligarchy.’

Read more: Pentagon Looses Track of $6.5 Trillion Embezzled ‘Unaccounted Funds’ at Expense of US Tax Payers

‘The 2010 Haiti earthquake was followed by one of the great­est financial outpourings of sympathy in human history. The money given was nothing short of spectacular. All totaled, corporations and individ­uals would donate $3.1 billion to help Haiti earthquake victims. Foreign gov­ernments pledged another $10 billion in aid. To put it into global perspec­tive, all global disaster aid from private sources and from developed world governments amounted to $19 billion in 2010. That’s all the aid given for international disasters by every country on earth, from China to the U.S. to Sweden; and $13.1 billion of it went to Haiti. And it was donated in the midst of the worst reces­sion since the Great Depression.

Had it been handed over to the Haitian government it would have paid for thirteen years of the country’s national budget ($965 million in 2009). But it was not handed over to the Haitian government. Or rather, in that first year after the earthquake, the Haitian government got one percent of it. The other 99 percent of the money went to NGOs, among them Save the Children, the Red Cross, CARE International, Catholic Relief Services, Concern World­wide, Mercy Corps, Food for the Poor, and Feed the Hungry; it went to UN agencies such as UNICEF and the World Food Program; and it went to private humanitarian aid contractors, such as United States’ Chemonics and Development Alternatives Inc. (DAI).’

Read more: How Haitian Earthquake Relief Efforts Pulled Off a Huge Con Job, With the Help of Mainstream Media

‘Electronic money, a cashless society, is perhaps the ultimate and most direct means of the New World Order (NWO), also called One World Order (OWO), to control us all via its financial system. A system that the NWO would like to maintain as the world’s financial system, albeit, it has already been reduced to the western world’s financial system.

Why reduced to the Occident? – Because the Orient, China, Russia and the other countries belonging to the Shanghai Cooperation Organization (SCO) and to the Eurasia Economic Union (EEU) have already largely delinked themselves from the western dollar-based system of fraud. They are saved from slavehood.’

Read more: ‘Electronic Money’ under ‘The One World Order’ (OWO): Are We Becoming Western Money Slaves? Solutions? ‘Resistance Economy’, ‘De-dollarization’, ‘De-globalization’

‘The European Parliament’s Legal Affairs Committee narrowly backed the legality of a draft plan to allow EU “peace-building” aid to be spent on developing the military of countries such as Somalia and Mali. The move follows years of pressure from France and Germany on to spend more EU money on missions in sub-Saharan Africa.

The proposal to change the so-called Instrument contributing to Stability and Peace (IcSP) — an EU fund worth US$2.62 billion (€2.3 billion), charged with disbursing money for peace-building activities in conflict-ridden developing countries is avowedly part of the European Commission’s “capacity building in support of security and development” initiative.’

Read more: European Parliament Votes to Allow EU Aid to Be Spent on Third World Militaries

‘Cashless transactions are fast becoming a thing of the past. People are reluctant to use cashless facilities, which has made the government’s much-hyped campaign a failed episode.

The AP Government has decided to cancel the cashless system and restore cash transactions at ration shops. Causes for the failure of the cashless system include slow internet facilities, difficulties in connecting to the server, repeated failure of the iris and fingerprint recognition system, and the failure of transactions. The hassle involved has made the system non-viable for traders. In many shops, the ePose machines have already been kept aside and a majority of the sales are conducted via cash transactions.’

Read more: Cashless transactions a thing of past in Andhra Pradesh

‘All too often, they’re the butt of jokes and stereotypes — mobile home parks and the “trailer trash” who live in them.

But the 50,000 parks that are spread across the United States deserve a lot more respect than that. Home to some 20 million people — 6 percent of Americans — they are the nation’s largest source of unsubsidized affordable housing, offering a shot at the American dream to people who can’t afford a traditional home. And at a time when only 1 in 4 Americans who qualify for government housing assistance actually receives aid, these parks take a huge load off a severely strained system.’

Read more: Living the American Dream in a Trailer Park

‘The International Monetary Fund (IMF) in Washington has published a Working Paper on “de-cashing”. It gives advice to governments who want to abolish cash against the will of their citizenry. Move slowly, starting with seemingly harmless measures, is part of that advice.

In “The Macroeconomics of De-Cashing”, IMF-Analyst Alexei Kireyev recommends in his conclusions:

Although some countries most likely will de-cash in a few years, going completely cashless should be phased in steps. The de-cashing process could build on the initial and largely uncontested steps, such as the phasing out of large denomination bills, the placement of ceilings on cash transactions, and the reporting of cash moves across the borders. Further steps could include creating economic incentives to reduce the use of cash in transactions, simplifying the opening and use of transferrable deposits, and further computerizing the financial system.’

Read more: IMF Tells Governments How to Subvert Public Resistance Against Elimination of Cash

‘A credit card giant is planning to declare war on cash by offering to pay shops and restaurants in Britain to reject notes and coins.

Visa claims that preventing customers from paying in cash would make transactions more secure.

Any switch from coins and notes to credit and debit card payments or services such as Apple Pay would also be of huge benefit to Visa, which makes money from transaction fees.

But consumer groups warned last night that it would put millions of elderly people and others who rely on cash and cheques at a huge disadvantage.

Tory MP Jacob Rees-Mogg said the firm should be referred to the competition authorities if it tried the move. ‘It is essentially the behaviour of a monopolist and I do not think it should happen,’ he said.

‘People should be entitled to settle their bills using legal tender. The most deprived in society who do not have bank accounts and the elderly will be most affected by this.”

Read more: It’s war on cash: Credit card giant Visa plans to pay Britain’s shops and restaurants to ditch coins and notes 

‘Pakistani Prime Minister Nawaz Sharif has for the first time explicitly rejected a report from a corruption investigation that raised questions about the source of his family’s wealth.

Sharif in a statement after meeting his cabinet in the Pakistani capital Islamabad on Thursday described the probe as “slander.”

“The JIT report about our family businesses are the sum of hypotheses, accusations and slander,” the statement read, adding, “Accusations amounting to billions are being made here but no wrongdoing has been proven.”

The Joint Investigation Team (JIT), set up by the Supreme Court to investigate corruption claims that surfaced following the Panama Papers leak, spent two months probing the Sharif family’s wealth and gave its finding to the court on Monday.’

Read more: Pakistani Premier Nawaz Sharif dismisses graft report as ‘slander’

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