-- Posted Friday, 15 January 2010 | | Source: GoldSeek.com
By R. D. Bradshaw
The Goldsmiths 120-122 discussed the Rothschild Cabal game plan as involving deception on a massive scale to keep the dumb public from knowing about what all the Cabal is doing to make money and move the world more in the direction of world government. The role of deception and the need for the resulting secrecy is part and parcel of the Rothschild Cabal master plan for profits and world government, as detailed in an ancient writing described in an article on Understanding Money and War XIV at www.analysis-news.com.
The Goldsmiths 122 discussed at length the use of Central Bank Currency Swaps to manipulate and control the value of the dollar and US Treasuries. This Goldsmiths will continue the discussion on deception by addressing something else also carried on by the Fed in its Factors affecting Reserve Balances. The issue here is another Bernanke innovation apparently created in 2008 when the Fed actually borrowed money from the US Treasury and carried it as a Deposit called U.S. Treasury Supplementary Financing Account. In the fall of 2008, this account reached some $350 billion before slowly starting to recede in 2009 to about $5 billion.
The Fed Needs
For a short explanation of the backdrop on this loan process, it is manifestly clear that the loans gave the Fed some immediate funding which did not have to be created out of thin air by bank credits and money printing. Since much of the balance has been slowly paid off in 2009, it suggests that the Fed needs have been declining.
The Goldsmiths 105 addressed some of the latest Rothschild Cabal schemes to bail out its big banks of bad loans and transfer them to the US taxpayers. While the Cabal’s owned Fed and Treasury have had a number of programs underway to transfer the bad loans to the Fed, an ultimate home run was hit in the fall of 2009 when the Obama people announced on Oct 19, 2009 a plan to provide support to the big banks thru loan guarantees with the FHA.
While it is not clear who all will buy these US guaranteed instruments, it is almost a certainty that the Fed will end up buying some/many of them over time. In fact, the Fed has already expanded an item called Federal Agency Debt Securities which probably relates to the Obama plan to issue the above mentioned new securities.
With this funding, guaranteed by the US taxpayers, huge sums of money can be transferred to the big Rothschild Cabal banks and financial institutions to buy up bad loans and to provide money to repair, renovate and recondition properties which the big Cabal lenders have repossessed. Some of these properties have been vandalized, damaged and ruined. With this infusion of new funding, they can be restored and sold/rented by their current banking owners.
I submit that this financial scheme using loan guarantees (which do not require congressional appropriations) may now prove to be the panacea to rescue many or all of the bad loans and properties still held by the Rothschild Cabal banks and lending institutions. With this new scheme underway, the Cabal’s need for direct government/Fed funding is declining. Thus, the Fed has found it prudent to decrease its borrowings of funds from the US Treasury. Too, to the extent that these loans were facilitated by TARP/Bailout funds, the Treasury is probably to the point of needing those funds for its own operations.
The Reason Why
With this backdrop, we are now to the point of assessing why in the world would the Treasury stupidly loan some $350 billion of its funds from the sale of Treasuries to the Fed? Well, this whole undertaking was another of the secret moves by the Fed and Treasury to deceive and mislead the American people. The Cabal owned Fed had a huge program underway to bail out as many of the Rothschild Cabal owned banks and financial institutions as possible and simultaneously allow Rothschild Cabal players new opportunities to make more and more profits during the Rothschild imposed credit contraction and depression.
This process created the Maiden Land and Mortgage Backed Securities programs where the Fed openly used funds to bail out the Cabal lenders. Other programs--like the Commercial Paper Lending Facilitate, Term Auction and loans and grants to brokers, dealers, etc--placed funding needs on the Fed (these various programs were all designed to make vast new profits for the many Rothschild Cabal banks, brokers, dealers and other money manipulators).
The Fed had some huge needs for cash and bank credits which were not immediately available to the Fed bosses. Without even addressing the prospects of simply issuing more bank credits to cover those needs or printing paper dollars alternatively (issues which could have raised legal questions of propriety), the Rothschild Cabal was in no mood to allow the word to get out that the Fed was printing money or making bank credits available out of thin air. This would have been bad publicity which the Cabal bosses simply did not want and particularly in the foreign markets.
Another $350 billion in this process to further bail out the big banks would have caused much apprehension and anger among the taxpayers if the word leaked out as well as strong inflationary pressures. The Rothschild Cabal and Treasury had to find a way in the fall of 2008 to deceptively raise this funding without causing a taxpayer backlash and trouble in the foreign markets.
Since the Congress had approved the $700 billion TARP program (where all of the TARP funds would not be immediately needed), the Cabal obviously decided to secretly let the Treasury sell the debt paper involved and use part of the proceeds to loan to the Fed. This might seem a bad move but there was a related fall out. The Fed announced that it would buy some $300 billion in US Treasuries in the fall of 2008 (which the Fed can now use to manipulate the markets with the innovation of Reverse Repurchase Agreements). In other words, the Treasury effectively loaned the Fed the money needed to buy the Treasuries.
To roll out these vast money needs in 2008, it would have required a massive monetization of Fed bank credits and Federal Reserve Notes. If the word got out on this move, it might have caused some panic in some circles. It was better to hide the truth and deceive all concerned.
So the deceptive solution chosen by the Cabal masters was to let the Treasury go ahead and sell the debt paper while simultaneously letting the Fed buy much of it. The Treasury promptly transferred much of the proceeds to the Fed which could buy Treasuries and also have new funding available to intensity the transfer of bad loans from the Rothschild Cabal financiers to the Fed (in Maiden Lane, Mortgage Backed Securities and other programs).
The 2009 stimulus bill also gave the Treasury some new sources of funding which could be used in this scheme. And, as the Treasury needed the TARP or stimulus funds, the Fed could and did transfer them back to the Treasury. And now, with the new concept of loan guarantees at the FHA housing and repair programs (per the Goldsmiths 105), there is less direct need for the Fed to have huge new sums of funding available for bailout purposes. In fact, the Fed now seems ready to start selling some of its holdings of Treasuries as a part of another Fed program called Reverse Repurchase Agreements.
In essence, the Treasury and taxpayers directly financed the Fed operations in manipulating the markets starting in the fall of 2008. It allowed the Fed time to slowly begin making money out of thin air to bail out the whole system (with increasing bank credits and FRN in circulation). This slow, gradual process will and has set better with the taxpayers, foreigners and market analysts.
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Besides the revelations contained in the Goldsmiths’ articles, the work of the plutocratic financial market manipulators to conspiratorially manipulate and control the financial markets (to make more profits and install a world government under their management) is also addressed at length in the periodic analysis of the news and in other articles produced at www.analysis-news.com. This website has an article of interest to any person interested in understanding the market Manipulators. It is the Hidden Secret of the Manipulators, why they succeed and how to follow their manipulations.
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-- Posted Friday, 15 January 2010 | Digg This Article
| Source: GoldSeek.com
