It’s gone global. I observed.
It was never just a U.S. problem. It was a banking problem. Bank to bank, Hank agreed. But they typically don’t risk holding other banks’ lines of credit.
The German Finance Minister, Peter Steinbruck was the first to break the international banking cartel’s taboo of silence. “The managers’ arrogance we have witnessed, has ended in disaster, he told the press. Certain German banks have been very exposed to the subprime crisis that has been shaking the financial world since last summer The fog that surrounds German, British and American banks is beginning to spread around to the point that some are wondering whether their quarterly accounts are really reporting all the latent risks Several months have gone by and some managers still don’t know how much this crisis is going to cost them.”
The problem, Steinbruck went on, is that the more banks’ capital decreases, the less they can lend. [Le Figaro Dec 5/07]
This means a major credit crunch. When people buy less, the economy contracts. At least in temp worker USA, where planet-wrecking consumer spending accounts for 70% of the economy. [Nation Jan 9/08]
The mortgage industry is on life-support. Many of the ways that the banks were generating profits have vanished overnight, figures financial analyst Mike Whitney. With banks holding at least $550 billion in admitted mortgage-backed securities and off balance sheet debt, mortgages, car loans, credit card debt [have] ground to a halt.
The numbers are gigantic and growing. CoreLogic estimates that if home prices fall 30% as expected, more than 20 million American homeowners won’t be homeowners anymore. What’s going on in the markets isn’t an irrational panic, Paul Krugman comments at the New York Times. It’s a wholly rational panic, because there’s a lot of bad debt out there, and you don’t know how much of that bad debt is held by the guy who wants to borrow your money.
Don’t forget Bush’s ongoing military adventures, which have so far killed more one than one million people in Iraq, made endless enemies of the USA, and cost Americans $1,600 billion dollars – heading for $3,500 billion. [La Presse Nov 15/07]
Where will that money come from?
As the crisis deepens, the Federal Reserve Board has just reported that Americans no longer able to borrow against their homes are maxing their credit cards at a ferocious clip. With total outstanding credit card debt already around $940 billion, and mortgage debt increasing by $730 billion every 12 months, the foreclosure crisis is spreading like a contagion from the subprime junk mortgage market to A-prime mortgage holders. In an economy addicted to pay later spending, homeowners facing equity losses of more than $2.2 trillion in 2008 are about to sharply curtail their consumption. And default on their loans. [Center for Economic and Policy Research Jan 9/08]
Citing higher oil prices and softening home values, on January 2, 2008 Federal Reserve Chairman Ben Bernanke pledged to prevent a recession and risk high inflation by dropping the yield on two-year Treasury bonds – easing credit in the U.S. and inviting lenders to switch to the Euro. [Bloomberg Jan 12/08]
It’s like the Dark Ages, one banker told the Financial Times in what must have sounded like a Knight named Sinatra singing a Vatican aria. After all, it was the Jesuit’s founder, Ignatius Loyola, who purposed to restore the Dark Ages in order to establish an allegedly infallible Pope as Universal Monarch of the World ruling all Nations. [The Jesuits: Their Complete History]
It is my opinion that if the liberties of this country – the United States of America – are destroyed, it will be by the subtlety of the Roman Catholic Jesuit priests, for they are the most crafty, dangerous enemies to civil and religious liberty. They have instigated most of the wars of Europe. – General Lafayette, aide to General George Washington (1799)
If the Jesuits in Rome really intend to bring the apostate United States to heel by ordering the Fed to lean on lending bank rates, they’re succeeding.
This is a bank’s worst nightmare; an asset that loses value and requires greater capital reserves every day, Witney explains. The subprime meltdown has been equally damaging to myriad European investment banks and brokerage houses. We’ve seen a wave of bank closings in France, Germany and England which has left investors shell-shocked; triggering capital flight from American markets and supplanting confidence in the US financial system with growing suspicion and rage.
Bloomberg believes that because foreign investors believe they were hoodwinked by bonds that were deliberately mis-rated to maximize profits for U.S. banks, European and Asian investors will avoid most US mortgage-backed securities for years. Which may explain why $882 billion was diverted into Chinese and Indian stock markets in one month alone.
That’s a big number. But U.S. homeowners stand to lose as much as $8 trillion in equity, declares Dean Baker, co-director of the Center for Economic and Policy Research. There is no way to fix the problem. [truthout Dec 10/07]
The problemo caused by the home mortgage blowout is no longer lack of liquidity, but a fundamental problem of solvency, Krugman concurs. Anyone who expects the Fed or anyone else to come up with a plan that makes this financial crisis just go away will be sorely disappointed. [New York Times Nov 23/07; New York Times Dec 14/07]
After seeing yet another $41 billion transfusion pumped through hemorrhaging bank croupiers without noticeable effect, Krugman says: By my count, it’s the fourth high-profile attempt to rescue the financial system since things started falling apart about five months ago. The magic isn’t working. [New York Times Dec 14/07]
Thing is, Hank pointed out, this latest Federal Reserve transfusion was in cash. If the Federal Reserve says it’s using real cash – in bags in trucks – why?
Why not make the transfers digitally? I wondered.
Right, Hank agreed. Just hit a coupla computer keys. And never tell anyone.
So why not, I still wanted to know.
They are attempting to drive this stuff home and say, ‘We have control’. They are not trusting the computer system. They had to use cash to plug the hole, Hank said.
Kind of like: ‘Be there in the park at 3 o’clock. And bring cash’, I suggested.
Exactly, Hank agreed.
Based on the Iraq flatbed truck model, I added, referring to the $2 billion or so in oil revenue cash looted from Iraq’s national bank and driven around Baghdad to be disbursed by its White House-appointed thieves. We’re talking tons of cash.
It does not quite fit in a knapsack, Hank agreed. And the only ones able to call in that kind of marker is the Vatican.
Ethics aside, that looked like a pretty good deal to me: $41 billion invested for a $multi-trillion return on foreclosures scooped up for pennies on each depreciated dollar. And it it’s not even the Vatican’s money!
The people running the banks did not know this – who actually held the purse strings, where the system devolves. Not just banks, cities, provinces, towns but whole countries have been put into lock and stock – in a literal stock – and there is a marker sitting in the Vatican for that country. That is a major thing, Hank said.
See The Godfather Part 2. That’s where we’re at right now. Assuming mobstah’s nasal New Yawk accent, he ad-libbed: One of these days I might ask a favor of you. It might not happen. It might. So be prepared. I do something for you. You do something for me.
It was an apt portrayal. For the Vatican’s role as a leading crime bank did not stop with Calvi’s corpse dangling from the London bridge. Vatican Named Tops In Money Laundering reported the Daily Telegraph in 2001. Fraud researcher John Walker puts the world total of laundered crime money at more than $2 trillion. The top-scoring “cut-out” country, which makes dirty drug and arms money hard to trace, is Mauritius. Running a close second is Vatican City. [Daily Telegraph Nov 19/01]
As Hank’s Jesuit informant emphasized, the current housing fiasco is a distraction to keep people from seeing the real power base.
Ironically, I noted, it leads directly to the power base.
FLAG! Hank shouted, nearly spilling my caffeine. The bankers’ panic is no longer about bad housing loans. It concerns the Vatican’s markers. There’s a boardroom somewhere where all these decision are being made. A couple of steps above the Bilderbergers. Which is why the Vatican is in a flurry of activity and storing [their catacombs records] off-site.
But mutiny is brewing aboard the good ship Vatican. According to Hank’s source adrift in the Holy See, unhappy Jesuits are already taking off their collars over the papacy’s lies and misdeeds.
These folks are having a crisis of conscience, he relayed. They were convinced that their eternal soul depended on them doing things without question – and getting other people to do the same – doing things for what they feel, think and have been told is the right reason. Now they’re finding out the hollow side. All those years of sacrifice and sacrificing
They could start blowing loud whistles, I suggested.
And going through those archives, Hank said. There are already leaks in the dam, he added, referring to his flat-tire friend. FLAG!
I had to laugh. Looks like the Bush gang’s scams in transferring hundreds of billions of dollars to Bechtel, Blackwater, Halliburton, arms makers, and other corporate backers in Iraq and Louisiana just got trumped by the Vatican, I assayed.
These are people who actually run things, Hank came back. Big Oil and the arms dealers who pay to put Bush in power are just the bus boys at this particular dinner.
But the people pulling their strings
They’re tickin’ off people who work for them, Hank went on. That’s bad. You don’t abuse the help. They’re starting to realize ‘I’m not a hired hand; I’m a slave. I thought I was in charge. This sucks!’ They’re getting their eyes opened wide. They used to look down at everyone. Now they’re looking up and seeing someone looking down at them! Things are gettin’ kicked loose. And the disgruntled employee status is starting to rise.
Panic in the Vatican! I guessed.
Mitt Romney as a Mormon is in essence shaking up the apple cart. Which is amazing. And it’s making the Vatican nervous like you would not believe. The questions being asked now are just the beginning, Hank affirmed. Now we have the source of religion of the biggest banking scandal the U.S. has ever seen.
At least, since creation of the Morgan-Rothschild-Jesuit Federal Reserve.
But China is also on the hook with godowns stuffed with fast-depreciating dollars, I insisted. What are they going to do with these warehouses? They can’t dump them on world money markets without causing a collapse in the very currency they’re holding. Yet they don’t dare keep them. The only thing to do is to buy everything in sight – oil, wheat, strategic minerals, factories. But dollars are only worth full value in the United States.
I stopped, suddenly struck by the prospect of China as a Vatican rival. Payback time for all those earlier manipulations by the Black Robes in Peking?
A bidding war is going on for the United States, I guessed.
It’s no contest, Hank assured me.
The Vatican is the Holy Roman Empire, he reiterated. Simply the continuation since the days of Christ. And they intend to keep on going. Replace China with Mexico, things like that. If they have the ability to do that worldwide, and as soon as anything threatens them they knee jerk and entire economies fall. The housing bubble had to be built over decades. And in a week it crashed out. What else has been built like that?
Answering his own question, he supplied another example: Shipping. Runs on oil, which runs on banks. And back-to-back letters of credit.
Want to sink the international shipping industry? By design or default, raise the price of bunker oil. But be careful, guys. The Trans-Texas Corridor isn’t completed yet.
The Internet is a compilation of cooperation. Take the parts away, whaddya got? Nothing. There is no inter-net, Hank said by way of illustration. The financial web that they have woven is almost [as ephemeral], almost as identical in its ability to have the plug pulled on it as the Internet. Every system has a fatal flaw.
The Jesuits are a naked sword, whose hilt is at Rome but its blade is everywhere, invisible until its stroke is felt. -Andre’ Dupin, French Statesman, member of King Louis Philippe’s Cabinet which expelled the Order (1831)
Who holds a sword over the Vatican? I wondered.
If you have the ability to damn somebody to eternal torture and you’re still not the boss, there’s not too many steps further up the rung that I can see, Hank figured. Kind of like what that Mormon guy is saying.
The whole thing is getting out of hand, I volleyed back. The Vatican’s hands.
Putin has gone off the res a couple of times and then come back: that thing with the Chechens, the thing with Turkey that yard sale, Hank agreed, referring to the post-Soviet flea-market in loose nukes. He’s controlled, but not controllable, if you know what I mean. Our boy Dubya fits that category. We have a lot of Caligulas. Caliguli
How do you control someone? You tempt them with something, and it’s never enough. You ply them with something, and they get drunk and make a bigger mess. You shoot ’em – and you know how that goes. You find another Caligula. They’ve made too many. They’re piling up. The guys that are running the guys that are running the guys that are running those other guys Now we’ve got nothing but conflict with no way out, except: Clear the board! Start over.
It’s the Titanic all over again.
Not the Hollywood version.
The Jesuit version.
And this time, we’re all onboard.
Thinking outside the box, Hank called it. But there’s another box it’s contained in. And another one after that. Somewhere there has to be someone making boxes that contain the rest. People have been taking orders without realizing that they’ve been taking orders Their letter of credit is based on someone else’s letter of credit, too.
He mimicked Vatican mobsters: ‘You don’t understand. We don’t want credit, bring us cash.’
And they’re being caught short, Hank resumed in his own voice. People are starting to realize that faith actually has to be based on something besides more faith. Now they’re puling the curtain back and seeing the machinery behind the chicanery.
Jesuits are actually taking their collars off, and taking a look at what led them to the belief that they had that they were doing the – all caps – RIGHT THING, no matter what they had to do. They are now realizing that ‘the people telling me this’ are just in it for the power or the cash or the pedophilia. Some of these folks are going through the catacombs and reading the original manuscripts – not the copies. They’re digging through those pages. And the Vatican is coming apart from the inside.
And Ratsinger is not the person to be steering that ship. He’s a bean counter. He’s a fellow who is taking his orders form somewhere else [the Jesuits] and implementing their will on people who are trusting him
The Vatican has been using fear to keep people quiet. People are no longer scared of them. How can this guy in a dress tell everybody else, ‘Don’t do this, don’t do that when he can’t even keep his own people from fondling little boys? And irony upon irony, isn’t the Catholic Church creating the homeless they’re passing the bowl for?
Five hours into our interview, it seemed time to discuss the Vatican’s bottom-line.
“It is absolutely necessary for the salvation of every human creature to be subject to the Roman Pontiff.” -Pope Boniface, Unam Sanctam (1302)
[ … spot the Union Jack ]
DOES THE VATICAN OWN YOUR MORTGAGE?
by William Thomas
SUNBURST IN THE DARK AGES
OK so far? Not really, I know. But we’re beginning to see how more than 150 years ago, the General of a subversive military power called the Jesuits could brag to Duke de Brissac, “From this room, your grace, I govern not only Paris, but China – not only China, but the whole world – and all without any one knowing how it is done.” [Constitution of the Jesuits 1843]
National and personal sovereignty haven’t improved much since. As Baron Avro Manhattan put it, the Pope doesn’t have to pray for divine intervention to operate the levers of economic power – he merely has to give instructions to his officials in the Vatican Bank. Only the pope and a couple of top bank officers know precise details of its operations This secrecy is one of the main reasons why few people know that the papacy directs one of the world’s major financial corporations.
The Vatican likes to point out that it’s going broke running Vatican City. But Cardinal Edmund Szoka, the Vatican’s unofficial finance minister, told Money Week that the Vatican’s assets total some $5 billion. Vatican City has a separate financial statement, he added.
According to Baron Manhattan’s research: “The Vatican has large investments with the Rothschilds of Britain, France and America, with the Hambros Bank, with the Credit Suisse in London and Zurich. In the United States it has large investments with the Morgan Bank, the Chase-Manhattan Bank, the First National Bank of New York, the Bankers Trust Company, and others. The Vatican has billions of shares in the most powerful international corporations such as Gulf Oil, Shell, General Motors, Bethlehem Steel, General Electric, International Business Machines, T.W.A., etc.
A nationally syndicated Catholic priest has stated, The Catholic Church must be the biggest corporation in the United States. We have a branch office in every neighborhood. Our assets and real estate holdings must exceed those of Standard Oil, A.T.&T., and U.S. Steel combined. And our roster of dues-paying members must be second only to the tax rolls of the United States Government. [The Vatican Billions]
But this is just a small portion of the wealth of the Vatican, which in the U.S. alone, is greater than that of the five wealthiest giant corporations of the country, Baron Manhattan explains. The Catholic church is the biggest financial power, wealth accumulator and property owner in existence. [Vatican Billions]
Don’t forget to throw in more than 18,000 works of art. [Fortune Dec 21/87]
The Vatican’s gold treasure alone has been estimated by the United Nations World Magazine to amount to several billion dollars. The Independent has independently confirmed that the Vatican Bank – Istituto per le Opere di Religione – manages more than $4 billion in assets. It does not reveal its profits or dividends, which are paid directly to the Pope. It enjoys the status of a central bank and has a dealing room adorned with crucifixes and papal portraits where 20 traders work . [Independent Apr 19/02]
According to Hank’s Jesuit Vatican informant, the world’s ultimate Vatican bankers wanted to make sure there was enough confusion, and enough information going all over the place that no one would pay attention to their current cover-up in the catacombs.
So they fomented the mortgage mess.
The Superior speaks:
My son, heretofore you have been taught to act the dissembler that you might be enabled to gather together all information for the benefit of your Order as a faithful soldier of the Pope. You have been taught to plant insidiously the seeds of jealousy and hatred between communities, provinces, states that were at peace, and to incite them to deeds of blood, involving them in war with each other, and to create revolutions and civil wars in countries that were independent and prosperous, cultivating the arts and the sciences and enjoying the blessings of peace
You have been taught your duty as a spy, to gather all statistics, facts and information in your power from every source; to ingratiate yourself into the confidence of the family circle of Protestants and heretics of every class and character, as well as that of the merchant, the banker, the lawyer, among the schools and universities, in parliaments and legislatures, and the judiciaries and councils of state, and to be all things to all men, for the Pope’s sake, whose servants we are unto death
Ques. From whither do you come?
Ans. From the bends of the Jordan, from Calvary, from the Holy Sepulchre, and lastly from Rome.
Ques. What do you keep and for what do you fight?
Ans. The Holy faith.
Ques. Whom do you serve?
Ans. The Holy Father at Rome, the Pope, and the Roman Catholic Church Universal throughout the world.
Ques. Who commands you?
Ans. The Successor of St. Ignatius Loyola, the founder of the Society of Jesus or the Soldiers of Jesus Christ.
Ques. Who received you?
Ans. A venerable man in white hair.
Ans. With a naked dagger, I kneeling upon the cross beneath the banners of the Pope and of our sacred Order.
Ques. Did you take an oath?
Ans. I did, to destroy heretics and their governments and rulers, and to spare neither age, sex nor condition. To be as a corpse without any opinion or will of my own, but to implicitly obey my superiors in all things without hesitation or murmuring.
Ques. Will you do that?
Ans. I will.
Ques. How do you travel?
Ans. In the bark of Peter the fisherman.
Ques. Whither do you travel?
Ans. To the four quarters of the globe.
Ques. For what purpose?
Ans. To obey the orders of my General and Superiors and execute the will of the Pope and faithfully fulfill the conditions of my oath. [Notice the priority of allegiance.]
Ques. Go ye, then, into all the world and take possession of all lands in the name of the Pope. He who will not accept him as the Vicar of Jesus and his Vice-regent on earth, let him be accursed and exterminated. [reformation.org; Subterranean Rome]
WHAT CAN WE DO?
Are we helpless before the world banking elite and their monetary manipulations? Hardly. Once awakened, we can turn off our TVs, stop buying other stories they sell, and as much as possible, spurn their big corporate products. Even as we avoid hooking into undocumented “conspiracy” hysteria, we can link with like-hearted friends, join peace and justice organizations, reduce our personal debt and fuel-use vulnerabilities – and speak loudly in letters to newspapers, Op Eds, and daily conversations of the real cabals that jerk the strings of interchangeable political puppets from behind the scenes. (Start by Googling: Defense Policy Board, American Enterprise Institute, defense contractors lobby, PNAC, Bilderberg, Skull and Bones, Trilateral Commission, Council on Foreign Relations, Blackwater and the Black Pope.)
They are a public plague, and the plague of the world Every species of vice finds its patronage in them. There is no perjury, nor sacrilege, nor parricide, nor incest, nor rapine, nor fraud, nor treason which cannot be masked as meritorious beneath the mantle of their dispensation. -Paolo Sarpi, Italian Roman Catholic historian of the Jesuits’ Council of Trent (1620)
The Vatican is teetering on the brink of self-destruction and is calling in all the markers it has. This is BAD. All caps. The Vatican is seeing its own mortality. They were the Holy Roman Empire. They reincarnated themselves and blamed the Jews. How good a PR company do you have to have to pull that off?
Mel Gibson helped, I said.
The guy who pounded the nails into his hands and put the spear in his side? Hank asked, referring to that Roman Catholic’s bloody snuff film that pinned Christ’s death on the Jews.
According to Hank, the Vatican may have miscalculated in the mortgage fiasco. The Romans pulled the plug and it popped. You bottom out the housing industry, you got a lot of houses sittin’ empty, and a lot of people sittin’ on the street. And they’re bitchin’ and moanin’. What are you going to do? Burn down the houses and kill all the people? Americans are sobering up. Americans are waking up. And they’re asking reality based questions. And they’re not getting answers. And it’s pissing them off, Hank insisted.
As for the Vatican high-rollers
There are too many things in play that are contradictory, Hank suggested. They’ve finally realized that they have too many balls in the air. And they’re going to have to let one or two fall and break on the stage in front of everybody, and act as if they meant to. That’s going to be a tough act to maintain, because they’ve got five performances a night.
My hope is that maybe people will wake up two minutes before midnight, he finished.
But then they tend to panic. And that’s not the right response, I observed.
Aldous Huxley’s Brave New World is worth a re-read, Hank suggested. I’m on page 86. It’s not a comforting read.
Neither is Napoleon’s Memoirs. Not after that nasty little military genius was apparently ordered by his Vatican sponsors to throw the Battle of Waterloo:
“The Jesuits are a military organization, not a religious order. Their chief is a general of an army, not the mere father abbot of a monastery. And the aim of this organization is: Power. Power in its most despotic exercise. Absolute power, universal power, power to control the world by the volition of a single man. Jesuitism is the most absolute of despotisms: and at the same time the greatest and most enormous of abuses The general of the Jesuits insists on being master, sovereign, over the sovereign. Wherever the Jesuits are admitted they will be masters, cost what it may. Their society is by nature dictatorial, and therefore it is the irreconcilable enemy of all constituted authority. Every act, every crime, however atrocious, is a meritorious work, if committed for the interest of the Society of the Jesuits, or by the order of the general.”
JESUITS I HAVE KNOWN
The Black Robes are brilliant and dedicated. They command respect. And deserve much more press. For they are extremely serious players behind the world stage, with an official but by no means individual zero tolerance for all non-Catholic believers. Disillusioned by Vatican II’s emasculation of the occult power of the Latin High Mass, before opting out of papal authority over the Sky Pilots’ obscene blessing of napalm terror-bombers during the Vietnam War, this onetime altar boy was educated by some excellent and admirable Jesuits, whose support of my anti-Vietnam War Campus “sit-ins” as a student leader at Marquette University still hold my respect and gratitude.
But popes like John Paul II have criticized the autonomy of what Time calls, this “special fraternity.” Former dean of the law school at the Jesuits’ Boston College, Father Robert Drinan became a Democratic Congressman from Massachusetts who irritated conservative Catholics with his vehement opposition to the Viet Nam War. In San Diego, the inner-city Jesuit parish Christ the King twice offered the church as sanctuary to sailors who refused to board Viet Nam-bound vessels. And smiling Father Daniel Berrigan, S.J. also made the cover of Time on January 25, 1971 after being convicted of destroying draft records – an action for which (unlike the mass murderers in the White House) he served 18 months in prison.
Other great Jesuits include the paradigm-shifting philosopher-paleontologist Pierre Teilhard de Chardin, as well as the Poet Gerard Manley Hopkins, and the man Time calls “probably most eminent Catholic theologian alive – Germany’s Jesuit Karl Rahner, whose works have been translated into more languages – 47 – than Goethe’s.”
Other Jesuits like Chilean Fr. Gonzalo Arroyo and Spanish Jesuit scholar Jon Sobrino drew papal ire for translating “Liberation Theology” into political action. While leading my own “liberating” campus blockades while majoring in theology and philosophy at Marquette, I never imagined a secretive Fourth Vow, taken by no more than two-percent of the Order’s members.
I doubt if most of my Jesuit instructors – who were far more preoccupied with observing Loyola’s rigorous, Spiritual Exercises – were even aware of it. As the former nun M. F. Cusack revealed in her Europe-igniting 1896 best-seller, The Black Pope: The Jesuit is not permitted to take his full and final vows until he has attained the age of forty-five. As a consequence there are few fully professed members of the Order Thirty-one years shall have been passed in the Order before the final vows are taken, so that a Jesuit who had not entered the novitiate at a very early age, might be far older than the years specified before he could take the final vows.
Here is a much-abridged litany of that brutal Extreme Oath. The unexpurgated version of the alleged Fourth Vow appears in the 1913 Congressional Record. See also, Subterranean Rome. It is not for the squeamish.
PHOTO CAPTIONS – CREDITS
Vatican City neatorama.com
Lender foreclosure a.abcnews.com
Bank Repo entrepreneurpress.com 2
Click to find foreclosures in California foreclosure databank.com
Finding Foreclosures vultures guide entrepreneurpress.com
Pallets of $2 billion in Fed cash delivered to Baghdad cooperativeresearch
Bush gives alleged two horn sign of satan jesus-is-savior.com
The Fed finance cathedral in San Francisco static.flickr.com
Jesuit Sunburst symbol xavierfilm.com
Alberto Ribera taking Jesuit oath (Catholic comix) by Niall Kilkenny reformation.org
Bilderberg on CNN International May 5/05 torrentchannel.com
Bush waves dollar he trashed enannanverklighet.blogsome.com
FEDERAL RESERVE BOARD ABOLITION ACT HR 2755
The Big Solution, of course, is abolish the Federal Reserve. On June 15, 2007, Rep. Ron Paul introduced the Federal Reserve Board Abolition Act HR 2755 “To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, and repeal the Federal Reserve Act.” As govtrack.us noted on December 9, 2007: “Introduced bills go first to committees that deliberate, investigate, and revise them before they go to general debate. (HR2755 went to the House Committee on Financial Services.) The majority of bills never make it out of committee. Keep in mind that sometimes the text of one bill is incorporated into another bill, and in those cases the original bill, as it would appear here, would seem to be abandoned.”
Hold tight. Hank’s Jesuit contact from the Vatican advises: There will be a couple more bumps in the road.”
Back to Part 1 (Remember, these were the dudes who brought the world the Conquistadores and an Inquisition that more than once interrogated and imprisoned the order’s own founder, Ignatius Loyola. Today, more than 30,000 Jesuits serve their Vatican General “Black Pope” in 112 nations on six continents.) [Time Apr 23/73; Jan 4/08]