woodguru wrote:
Banks have the ability to use your money for risky investments, the bottom line in terms of assets required to be maintained has been lowered by allowing leveraging that goes beyond all sensibilities. Being able to use inflated real estate and asset values (stock prices), down turns leave banks upside down.
The Fed has never been audited...and that includes gold reserves.
Woodguru,
You speak of inflated assets making the banking world "upside down." Yes, that is because President Bill Clinton redefined the housing market as a "commodity," allowing the Federal Housing Bank's assets to be traded on Wall Street in blocks as a hedge fund risk management tool while the Russian Mafia and international drug cartels money laundered dope through Fannie Mae and Freddie Mac and other international Marxist central banks. Read Gretchen Morgansen's "Reckless Endangerment" expose on the collapse of the world housing market banks.
But there is more to this sordid tale. The Democrat's biggest financial backer, real estate investment bank, Stephens Inc., bought into a startup banking computer programing company, Systematics back in 1968. Jackson Stephen's bank is also one of the recipient banks of the CIA's Black Op gold reserves (Black Eagle and Project Hammer) compiled of wartime booty seized N**i gold, Japanese Golden Lilly (General Yamas**to's stash buried in the Philippines) and Soviet Union gold reserves in 1989 as the Berlin Wall came down. Much of this gold was stashed in the Nugan Hand Bank of Australia until Frank Nugan was murdered and John Hand disappeared. Once the Australian bank was dissolved, its treasures passed to Household Bank of Chicago, bought into by Jack Stephens real estate investment bank, Stephens Inc. Jack Stephens hired Hillary Rodham Clinton at the Rose Law Firm in Arkansas to "track the money" of Household using Systematics which eventually would include the Russian Mafia's raid on the Kremlin gone astray under Project Hammer.
Couple this with Y2k on the 2000 horizon, the resetting of the banks' automatice deposit systems for the new millenium via Arthur Andersen and Senator Bob Bennett, an old Watergate operative of Richard Nixon's Detent, the stage was set for the biggest bank heist in modern history coupled with s silent partner at the Federal Reserve's bailout of WTC 800 banks.
Again, I direct readers to this website:
This article by EP Heidner, written on 28 June, 2008,
https://www.wanttoknow.info/911/Collateral-Damage-911-black_eagle_fund_trust.pdfpages 1-59
Full text of "Collateral-Damage-911-black_eagle_fund_trust.pdf (PDF mirror)
Collateral Damage: U.S. Covert Operations and the Terrorist Attacks on
September 11, 2001
And the further history of Systematics Inc. is tied to the Rose Lay Firm of Hillary Rodham Clinton:
https://en.wikipedia.org/wiki/Systematics,_Inc
to Systematics, Inc
From Wikipedia, the free encyclopedia
"Systematics Incorporated was a data processing company acquired in 1968 by Arkansas super investor Jackson T. Stephens. In 1990 it was sold to Alltel Corporation, and today is a part of Fidelity Information Systems.
Fidelity Information Systems still uses the name 'Systematics' as the name of a retail banking software product suite.
"Systematics employees have held two reunions, most recently the 40th Anniversary Reunion in 2008. Pictures from both reunions and current information about former employees is available at the website -
www.sireunion.org.
Beginnings[edit]
"Systematics was founded in 1968 by University of Arkansas graduate Walter Smiley, who learned of the high software costs and other difficulties faced by small banks in trying to use data processing software from his experiences working with IBM and in the banking industry. Smiley recognized a niche that could be filled for medium-sized banks in this space, and sought funding to start his own company. Through Jon Jacoby, Smiley was introduced to the Stephens family, who agreed to invest $400,000 in Walter and Systematics in return for 80% equity stake.
"Systematics distinguished itself early on from other players in the industry. "In the data processing business," according to Walter, "it’s real easy to get yourself in a position where you’ve got to sell for tomorrow for the sake of today. The Stephens people were just the opposite. They always encouraged us to prepare for the long term, to do it right."[1]
"Walter quietly expanded his business over the next 12 years, eventually finding a way to license its software to banks, and ultimately going public. In 1990 it was sold to Alltel Corporation. The name was changed to Alltel Information Services (AIS) in 1994. The Stephens family remained an investor, acquiring Alltel stock in the t***saction. In 2003, Alltel sold the Information Services subsidiary to Fidelity National Financial. This business is known today as Fidelity National Information Services (FIS).[citation needed]
"Affiliations[edit]
"One of the lawyers Stephens hired to represent the company was Hillary Rodham. After she joined the Rose Law Firm, Stephens employed the firm and engaged its partners — including the now-married Hillary Rodham Clinton, Vince Foster and Webster Hubbell — in several of his ventures.[2]
"References[edit]
Case Studies: Systematics
L. J. Davis, "The Name of Rose" (New Republic, 4/4/94)
Categories: Defunct software companies of the United States Defunct companies of the United States Alltel
This page was last edited on 9 February 2018, at 17:58."
Please help indict the Clinton Crime Machine and its operatives, James Comey and Robert Mueller for continuing to protect the Russian Mafia which is engaged in trying to topple the new democratic Russian Federation and its free market capitalism. Please pass the word amongst all OPP readers and beyond that these thugs might be indicted and convicted for orchestrating the 9/11 Attack on the World Trade Center. We must Audit the Federal Reserve Bank to identify all the culprits.