Tag Archives: Federal Reserve System
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ESF Exposed: Exchange Stabilization Fund’s Covert Operations Behind Federal Reserve Since 1934

25 Jan

 Alternative News Report Video Series of the Month Award for January 2012:

Cover of

Cover of Legacy of Ashes: The History of the CIA

To learn more about this urgent breaking report, read “Legacy of Ashes: The History of the CIA” By Tim Weiner

The five video reports below are authored by Eric DeCarbonnel, founder of:

http://marketskeptics.com.

Eric DeCarbonnel’s work is both urgent and important in this election year, and I wanted to share it with readers. The source material for this re-post is located at http://www.marketskeptics.com/2011/06/the-esf-and-its-history.html and contains extensive documentation, financial charts going back to the early 1900s and newspaper/internet corroboration as well. Eric’s reporting is not in dispute and his documentation puts Big Media outlet reporting to shame. This is most likely the most under-reported and / or blacklisted news story in America since 1934. It needed to break over  50 years ago, but better late than never. My thanks and blessings go out to Eric.

The ESF, or Exchange Stabilization Fund, is a little known but behemoth financial “slush fund”, operating in almost total secrecy from within and behind the New York Federal Reserve office.

The ESF has been in existence since 1934. Eric has detailed a track record of the influence, corruption, mass financial deception and covert operations of the ESF since it’s inception.

Eric has stated that what he has uncovered was so disturbing that he was initially afraid to blog about it, choosing instead to eventually publish his research results in a 5 part video series that’s jaw dropping.

The resulting reports are a 5 part video series, which I encourage all readers to download to their own HDs, as these reports may disappear from Youtube once the ESF gets winds that the word is out on their activities behind and within the “Federal Reserve.”

“Since the ESF was put in charge of defending the US dollar’s value [in 1934] , the greenback has been on a one way track to worthlessness.” – Eric DeCarbonnel

This chart plots the steady plunge of the value of the US dollar since the ESF took over the NYC Federal Reserve in 1934.

Eric’s research and documentation is excellent, and I encourage readers to share and re-post this 5 part video series with others.

The ESF: Exchange Stabilization Fund – Part 1 – 5 Video Reports by Eric DeCarbonnel

Recommended Reading:  “Legacy of Ashes: The History of the CIA” By Tim Weiner

Video reports by Eric DeCarbonnel re-posted with permission from http://marketskeptics.com | Copyright 2012-3012 Alternative News Report, All Rights Reserved. Re-posts OK w/ content, blog name, URL & copyright intact. RSS news feed Shop here!  YT video feed Follow @Altnewsforum on Twitter!

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Federal Reserve Makes 9 Trillion in Emergency Loans Overnight

2 Dec

BREAKING STORY: Re-post courtesy of CNN 12.1.2010

Updated:

Congress Forces FED to Name Recipients of 3.3 Trillion in Crisis Aid

[ Does it surprise anyone that the disclosed list of banks who received this staggering sum are the same old Illuminati owned banking dynasties that are behind every criminal skim of “loans” since they illegally created their fake “federal reserve” in 1914? This criminal banking cabal needs to come to an end. – CK Hunter ]

chart_fed_loans.top.jpg

Top recipients of overnight loans made by the Federal Reserve under special program that ran from March 2008 through May 2009. By Chris Isidore, senior writerDecember 1, 2010: 5:07 PM ET

NEW YORK (CNNMoney.com) — The Federal Reserve made $9 trillion in overnight loans to major banks and Wall Street firms during the financial crisis, according to newly revealed data rele

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ased Wednesday.

The loans were made through a special loan program set up by the Fed in the wake of the Bear Stearns collapse in March 2008 to keep the nation’s bond markets trading normally.

The amount of cash being pumped out to the financial giants was not previously disclosed. All the loans were backed by collateral and all were paid back with a very low interest rate to the Fed — an annual rate of between 0.5% to 3.5%.

Still, the total amount was a surprise, even to some who had followed the Fed’s rescue efforts closely.

“That’s a real number, even for the Fed,” said FusionIQ’s Barry Ritholtz, author of the book “Bailout Nation.” While the fact that the markets were in trouble was already well known, he said the amount of help they needed is still surprising.

“It makes it very clear this was a very serious, very unusual situation,” he said.

Sen. Bernie Sanders, the Vermont independent who had authored the provision of the financial reform law that required Wednesday’s disclosure, called the data that was released incredible and jaw-dropping.

“The $700 billion Wall Street bailout turned out to be pocket change compared to trillions and trillions of dollars in near zero interest loans and other financial arrangements that the Federal Reserve doled out to every major financial institution,” Sanders said.

He said that even if the Fed was right to make the loans to keep the economy from toppling into a depression, it should have made stronger demands that the banks help American consumers and small businesses.

“They may have repaid their loans, but that’s not good enough,” he said. “It’s clear the demands the Fed made were not enough.”

The Wall Street firm that received the most assistance was Merrill Lynch, which received $2.1 trillion, spread across 226 loans. The firm did not survive the crisis as an independent company, and was purchased by Bank of America (BAC, Fortune 500) just as Lehman Brothers was failing.

Citigroup (C, Fortune 500), which ended up with a majority of its shares owned by the Treasury Department due to a separate federal bailout, was No. 2 on the list with 279 loans totaling $2 trillion. Morgan Stanley (MS, Fortune 500) was third with $1.9 trillion coming from 212 loans.

“As we have previously disclosed, Morgan Stanley utilized some of the Federal Reserve’s emergency lending facilities during a time of immense financial turmoil throughout the banking sector and the broader market,” Morgan Stanley said in a statement Wednesday. “The Fed’s actions were timely and critical, and we commend them for providing liquidity and stabilizing the financial system during that period.”

The largest single loan was by Barclays Capital, which borrowed $47.9 billion on Sept. 18, 2008, in the days after the Lehman bankruptcy.

Some Wall Street firms disputed the way the Fed reported the numbers. An executive from one of the firms said that many of the overnight loans were rolled over for days at a time, and that each day it was counted as a new loan. “It’s being double, triple, quadruple counted in some cases,” said the executive.

Not all the major banks needed much help from the Fed. JPMorgan Chase (JPM, Fortune 500) received only three loans from this program for a total of $3 billion.

The last loan was made under the program in May 2009, and the program, known as the primary dealer credit facility, was officially discontinued in February of this year.

The Federal Reserve revealed details of that program as part of a large scale release of data on all the steps it took to stabilize the nation’s financial sector during the markets crisis of the last few years.

The central bank posted details of more than 21,000 transactions with major banks and Wall Street firms between December of 2007 and July of 2010.

In addition to the loan program for bond dealers, the data covered the Fed’s purchases of more $1 trillion in mortgages, and spending to back consumer and small business loans, as well as commercial paper used to keep large corporations running.

The rescues of the investment bank Bear Stearns in March of 2008, and insurance behemoth AIG in September of that year, were also revealed in far greater detail, as were programs to make dollars available to foreign central banks in return for their currency, in order to keep international trade flowing.

Most of the special programs set up by the Fed in response to the crisis of 2008 have since expired, although it still holds close to $2 trillion in assets it purchased during that time.

The Fed said it did not lose money on any of the transactions that have been closed, and that it does not expect to lose money on the assets it still holds.

The details of which banks participated in the Fed’s emergency programs, and how the banks benefited from the transactions, had never before been revealed.

The Fed argued that revealing the information could cause a run on the banks that needed to draw cash at the discount window. But under the financial regulatory reform act that was passed in July, the Fed will reveal future discount window transactions following a two-year lag.

The Bank of England Owns the Federal Reserve

Ron Paul: US Will Return to Gold Standard [ Ridley Report ]

28 Nov

11.28.2010 Youtube Re-post by CK Hunter

Tags: ron paul, us economy, metals, gold, price of gold, federal reserve, federal deficit, gold standard, buying gold, buying silver, dollar value, protecting the dollar

Eric Cantona to the World: “Kill the Banks” He Urges Global Run on Banks, Sparking A Movement

23 Nov

Copyright 2010-3010 By Chase Kyla Hunter, Re-posts permitted leaving all content and links intact.

You knew it had to happen sooner or later. Someone, somewhere who has alot of clout with a celebrity following, and a history of stirring up the masses to action, would just put it right out there and call for an out and out global RUN ON THE BANKS. [TARGET DATE: December 7th]

Well why the hell not? They are going down sooner or later, due to their own grisly evil corruption and sheer wickedness, so why not just expedite the process, and put these global banking cartel bastards OUT OF BUSINESS FOR GOOD? I’ve been completely OUT of the banking system for four years now, and I have saved hundreds of dollars a year in evil fees and avoided even more insipid loss of personal privacy. So I’m on board all the way. There’s no better way to get the illuminati’s attention and remind them of who and what really makes the world go round, that being OUR MONEY.

It’s OUR MONEY, not theirs, that keeps the idiotic world banking system afloat in the first damn place. Without OUR MONEY, their rotten little banking cartels will fall like the house of cards they are.

I say: “Go for it.”

Woohoo. Will the rowdy french, who riot at the drop of a hat anyway, take Eric’s advice and RUN ON THE BANKS? Stay tuned to find out!

Chase Kyla Hunter

Related:

Man U Player of the Century Eric Cantona Appeals for Peaceful Revolution Against Banks, Calls for Europeans To Pull Their Money

by Tyler Durden
ZeroHedge

A few weeks ago we noted that December 7 is becoming a grass roots “banker mutiny” day, in which citizens across Europe will pull money from their banks and thus force a pan-European bank run on what is already a bankrupt financial system, which survives each day only at the expense of the continent’s increasingly indebted citizens, their life of increasing austerity, and of course, the US Federal Reserve and its final backstop. In some ways we discounted the potential reach of this movement. Enter Eric Cantona – just ask any sport afficionado who the most entertaining, flamboyant and skillful football player of 1990’s Manchester United was and 9 out of 10 times you will hear that name. The icon (both in England and France) whose on field antics were only matched by his kung fu skills, and who has a massive popular following, has been recorded agitating viewers (many of them), to enact a bloodless revolution against French banks: “We don’t pick up weapons to kill people, to start the revolution… the revolution is really easy to do nowadays. What is the system? The system revolves around the banks. It’s based on the power of the banks… so it must be destroyed starting with the banks. This means that the 3 million people with their placards on the street… they go to the bank, withdraw their money from the banks and these ones collapse. 10 million people and the banks collapse and there is not real threat, a real revolution. We must go to the bank. In this case there would be a real revolution. It’s not complicated. You simply go to the bank in your country and withdraw your money. If there are enough people withdrawing their money, the system collapses. No weapon, no blood, or anything like that.” A peaceful anti-banking revolution, brilliantly explained so that everyone can understand.

But comprehension is only half the battle. The other half is getting off your ass. Which is why this will never work in the US. As for Europe, we will find out in 3 weeks…

Here ‘s the Eric Cantona video, folks:

Most Web-bot Predictions for 2010 Hit and Miss Thus Far: 2011 Trends Identified

23 Nov
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Copyright 2010-3010 By Chase Kyla Hunter, All Rights Reserved. Re-posts permitted leaving content intact.

The web-bot project, which was originally developed in the late 1990s to forecast stock profits and picks, gained some notoriety after correctly identifying the global chatter which led to the “day of infamy” on 9.11.2001. Since that time, however, the web-bot’s accuracy in predicting times, dates, and windows for events has been spotty at best. It appears that the technology serves superbly to identify the trend[s] themselves, but performs poorly when attempting to assign a window in time, or a specific date to the trend or event which has been identified.

All well and good: What has the web-bot project sniffed out for late 2010 and early 2011 that we didn’t already intuit just by scanning the day’s headlines for several months in a row? The list compiled below presents an assortment of possible “tipping point” event indicators culled from the 2010 web-bot project. I’ll be frank here. This list is not different from some of the trends, forecasts and approximate indicators that I have already given months earlier in my own research on my blogs.

But the young techno-cats being what they are, they would much rather hear these predictions from a mysteriously geeky and high tech”www spider based search and discover tool”, than to hear the very same predictions from the local neighborhood clairvoyant Cherokee shaman on WordPress.com.

So be it. I’m not bothered by mainstream America‘s refusal to take note of the proverbial handwriting on the wall any more than the biblical Daniel might have been bothered by it several thousand years back. My spiritual calling is to post what Spirit leads me to write. I’m not attached to what happens to it beyond that point. From the point of “posting” it is then in God’s hands, like Providence, and due to the mysteries of the internet, one assumes that the right people find my writing at the right time, so that they are then prompted from within to do the right thing[s] before it is too late. It’s all in God’s hands at this point. Amen.

Here’s what the 2010 web-bot sees coming, corroborated in full by the local online Cherokee shaman and global trend forecaster:

=> The bulging, macabre and outrageously criminal financial derivatives bubble based on Wall Street will burst soon: JP Morgan is at the top of the list, presently holding paper on more than 86 trillion dollars in derivatives (that’s trillions, not billions) – when this takes place, there will be nothing that I can see which will prevent an 80 foot tall roaring global financial tsunami from sweeping from he US, to Europe, through the Mideast and onto Asia. Get down on your knees grown men, and pray.

=> Based on the above event, hyper-inflation (not deflation) may commence at some point in late 2011, and the value of the dollar may plummet even further, while simultaneously prices for food, energy and housing will rise exponentially.

=> Based on the above, gold, silver and precious metals price will continue to skyrocket vertically (in between breath-taking periodic corrections when profit taking scrapes the cream off the top) like they did in the late 1970s, early 1980s. The FED may possibly choose to clamp down suddenly on free market metals prices, trying to intervene to stop a national run on the banks, as consumers frantically try to withdraw ever more worthless dollars and rush into metals investing to save their life savings. All hell breaks loose when the FED tries to keep this run on banks from taking place, and the scenes from 2008 of long lines of people standing outside failing banks trying to withdraw their money which we all saw 2 years ago may possibly repeat again with more ferocity: lather, rinse, repeat.

=> Watch the disintegrating situation in Europe as the fledgling EU tries to prop up Ireland, Portugal and Spain all at once, putting a serious strain on it’s own coffers. If the trembling EU house of cards flutters down, then civil unrest in Europe could become more frequent, further disrupting the environment for business and trade. In the UK the banking system is  not much better.

Other 2011 Predictions I’ve located:

•No warfare between Israel and Iran, at least not until November 2010.


•Six very large earthquakes are yet to come during the rest of 2010.


•A major tipping point will occur between November 8 – 11, 2010, followed by a 2-3 month release period. This tipping point appears to be US-centric, and could be a dramatic world-changing event like 9-11 that will have rippling after-effects. The collapse of the dollar might occur in November.
•From July 11, 2010 onward, civil unrest will take place, possibly driven by food prices skyrocketing, and the devaluation of the dollar.[15] No such incident has occurred following that date.


•No exact information on the December 14th missile launch (beginning of World War III) has been confirmed, but the predictions show it may happen.


•A second depression, triggered by mass layoffs, bankruptcies, and the popping of the “derivatives bubble,” will see people moving out of cities.


•After March 2011, the revolution wave will settle down into a period of reformation.


•A “data gap” has been found between early 2012 running through May 2013. One explanation is that “our civilization gets knocked back to a pre-electronic state,” such as brought about by devastating solar activity.


•A new benign form of capitalism will emerge during 2017-2020.[2

If you would like to know just how far “off” web bot predictions can really be, have a look at the web article on the front page of the site http://playbull.com and ponder.

We’re now 13 days into 2011 and I don’t believe that anyone could have predicted the outrageous and shocking shooting massacre in Arizona that has ripped the nation into two warring factions, neither of which are making much sense. I speculate: Was this early 2011 Arizona massacre the referred to  emotional, political and psychological “tipping point” for the respressed outrage and frustration felt by many millions of Americans? 2011 prognosticators have been alluding to some event they considered would be a tipping point moment in late 2010 – early 2011. Was this event that tipping point?

I am still seeking more verifiable credible web bot predictions for 2011 that feel plausible. Holding a spiritual finger to the wind always works for me as well.

Chase Kyla Hunter

Related links and video:

Playbull.com 2011 Prophecies and Predictions

Economic Collapse: Top 25 Signs, Web Bot Predictions

X News Archive: 2011 “Tipping Point” Events Listed

2011 Web Bot Predictions on video:


US Bond Bubble May Burst in 2011: Hyper-inflation Warning

21 Nov

11.21.2010 Re-post by CK Hunter Please share these videos with those you know and love

Tags: hyper-inflation warning America 2011, inflation, value of the dollar, bond bubble 2011, citizen journalist video, us economy, dollar collapse 2011, gold silver prices to soar 2011

Ever Wonder Why Gold & Silver Are Skyrocketing? 2011 Projects 10.2 Trillion in Global Borrowing. That’s Why.

17 Nov

Copyright 11/16/2010 By CK Hunter

I am continually surprised by how little most Americans [including those with money] actually know about inflation, what it is, what it means, and how it devalues a currency over time. I shouldn’t be, though, many Americans have now taken to the horrendous habit of actually buying their groceries with credit cards, something just too insane to even imagine. Does it not occur to these folks that they will be paying anywhere from 10.6 to 18% or higher on something that will be consumed in a week, yet they will continue to pay interest on the purchase possibly for years to come, via monthly minimum credit card payments. It’s a world going mad in so many ways.

Just about the only thing right now during the window of the next 2 or 3 years, until they make it illegal to hold silver or gold [it’s coming] is buying and holding gold and silver in bullion form as a way to protect the value of what dollars one has. Not to belabor the point, here’s the gloomy news of just exactly how our dollar will continue to be debased on into 2011 and 2012:

10.2 Trillion in Global Borrowing Needed to Avoid Top Nations Sliding into Bankruptcy