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Sixteen trillion US Dollars worth of "backdoor" bank bailouts

Tuesday, 15 February, 2011 14:15
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February 13, 2011

Sixteen trillion US Dollars worth of "backdoor" bank bailouts

By William Finnerty

"The greatest scam in history has been exposed -- and has largely been ignored by the media. In fact, it's still going on."


::::::::

The first 6.5 minutes or so of a recent interview with United States Congressman
Dr Ron Paul -- who is believed to be a potential candidate for the US Presidency in 2012 -- relate to MASSIVE financial transactions between the Federal Reserve (the privately owned "Central Bank" of the United States of America) and other "Central Banks" around the world: financial transactions of a kind which more and more people are beginning to think of in overall terms as "the greatest scam ever perpetrated in the history of the world". The interview can be listened to via the following location:
http://www.youtube.com/watch?feature=player_embedded&v=GKnOnd79mV0#at=45

There is also a transcript of this recent interview (between Dr Paul and Dr Joseph Mercola) available at:
http://mercola.fileburst.com/PDF/ExpertInterviewTranscripts/InterviewRonPaul.pdf

Among other things, and by means which are surrounded by and buried in layers of secrecy that are almost impossible (if not fully impossible) to penetrate apparently, it appears that "The FED" has provided some 16 trillion US Dollars or so in "backdoor bailout" money during the past few years, and that approximately one-third of that sum has gone to "overseas" Central Banks: which, it seems reasonable to assume, would in some ways include the Central Bank of the Republic of Ireland, the Bank of England (UK Central Bank), the European Central Bank (ECB), and the EU (European Union)?

Many questions arise in connection with these vast financial transactions: not least (for example) the matter of the
collateral used to secure the repayment of these massive loans. Might any of the Republic of Ireland's as yet untapped oil and gas resources be included I wonder: which some reports suggest are in the region of 5.4 trillion Euros? There are of course numerous written reports in existence which claim that the Republic of Ireland's oil and gas resources have already been unlawfully and unconstitutionally given away by grossly corrupt Republic of Ireland politicians and lawyers.

There is also the matter of where did the 16 trillion US Dollars used for this "backdoor bailout" come from: particularly if it was all (or mostly all) "
thin air money" created from nowhere out of nothing by The FED, and by means whereby the only real work involved would be the small amount of time and effort required to type large numbers on a computer keyboard?

In addition, there is the more general matter of why the
MSM (Main Stream Media) is very largely ignoring this 16 trillion US Dollar "backdoor bailout" by The FED, and thus failing to keep the public -- particularly the VOTING public -- responsibly informed regarding this crucially important social issue, and the many deeply serious and highly negative implications it has for literally billions of people all over the world. In the interview, Dr Paul gives his views as to why he thinks the mainstream media stance is greatly lacking in this particular area.

Leaving aside the media business, Dr Paul appears to be still almost completely in the dark however regarding all details relating to the actual financial transactions themselves, and it also seems he has not yet succeeded in getting the audited accounts from "The FED" which he has been trying to get hold of for the past several years.

Since it came into being in 1913,
the privately owned "FED" has NEVER produced a single set of audited accounts apparently!!

With the
February 25th 2011 General Election in the Republic of Ireland in mind, and in the interests of protecting themselves from being further hoodwinked (as I see things) by all the glib statements and comments which continue to come from almost all of the Republic of Ireland TDs (Republic of Ireland Elected Representatives) now campaigning to be elected, and who continue to enthusiastically support the bank bailouts in one way or another, the thought has crossed my mind that this might be a very good time for voters in the Republic of Ireland to listen to, and to consider, what Dr Paul has to say about the 16 trillion US Dollar "backdoor bailout" situation in the interview referred to above.

There is a list of other closely related Diary Entries by William Finnerty at the following location:
http://www.opednews.com/author/diary/author46094.html

=============================

The above text has been copied from the following Open News www location:
http://www.opednews.com/Diary/Sixteen-trillion-US-Dollar-by-William-Finnerty-110213-271.html

=============================

Those who receive e-mails in "plain text" format may wish to know that a "rich text" copy of the above Open News Diary Entry which included a number of closely related Internet "hyperlinks" (not available in "plain text"), was sent by e-mail on February 13th 2011 to (among others) a multinational selection of senior politicians, lawyers and economists: which included Republic of Ireland High Court President Justice Nicholas Kearns, UK Prime Minister David Cameron, President of the European Council Herman Van Rompuy, and United States of America President Barack Obama. A copy of the e-mail used can be viewed at the following www location:
http://www.humanrightsireland.com/JusticeNicholasKearns/13February2011/Email.htm

=============================

February 14th 2011 Update ...

::::::::


The above information was sent by e-mail to Republic of Ireland Prime Minister Brian Cowan TD, and several dozen of his parliamentary colleagues. A copy of the e-mail used can be viewed at the following www location:
http://www.humanrightsireland.com/DailEireannGroup1/14February2011/Email.htm

=============================

February 15th 2011 Update ...

::::::::

"Tax havens have been instrumental in nearly every major economic event, in every big financial scandal, and in every financial crisis since the 1970s, including the latest economic downturn."

"Tax havens have declared war on honest, law-abiding people around the world."

"Tax heavens are the most important single reason why poor people and poor countries stay poor."

"
Britain and the United States are the world's two most important tax havens."

All four of the above excerpts appear in the recently published book titled
Treasure Islands which has been written by Nicholas Shaxson who is an experienced journalist and an Associate Fellow of the Royal Institute of International Affairs.

=============================

Human Rights Ireland
http://www.humanrightsireland.com

=============================
 

 

 

                                           End of e-mail text
 

 

 

"The world is a dangerous place, not because of those who do evil,
but because of those who look on and do nothing."


Albert Einstein

 

new2.gif (897 bytes)   Dealing with injustice   new2.gif (897 bytes)

 


"Injustice anywhere is a threat to justice everywhere."


Martin Luther King Jr
(Letter from Birmingham Jail, April 16th, 1963)
 

 

     
  There is NOTHING to prevent governments producing their own  DEBT-FREE  and  INTEREST-FREE  money.

It has been done very successfully and very easily before, both by former US President Abraham Lincoln, and by former US President John F. Kennedy (for example).
 
     

 

 

 

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