You know that Money on your Bank Account? Well, it’s not Yours

By SUSANNE POSEL | OCCUPY CORPORATISM | AUGUST 24, 2012

In June of 2012, Eric Bloom, former chief executive, and Charles Mosely, head trader of Sentinel Management Group (SMG) were indicted for stealing $500 million in customer secured funds. Both Mosely and Bloom were accused of “exposing” customer segregated funds “to a portfolio of highly risky derivatives.”

These customer funds were used to “back up personal investments” which were part of “collateral for a loan from Bank of New York Mellon” (BNYM). This loan derived from stolen customer monies was “used to purchase millions of dollars worth of high-risk, illiquid securities, including collateralized debt obligations, or CDOs, for a trading portfolio that benefited Sentinel’s officers, including Mosley, Bloom and certain Bloom family members.”

Fast forward to August 9th of 2012, and the 7th Circuit Court of Appeals (CCA) rules that BNYM can be moved to first in line of creditors over the customers that had their funds stolen by SMG.

When a banking customer deposits their money into their bank account, the Federal Deposit Insurance Corporation (FDIC) and Securities Investor Protection Corporation (SPIC) are in place to protect the customer from fraud or theft. The ruling from the CCA means that these regulatory systems will not insure customer funds, investments, depositors and retirees who hold accounts in banks. In fact, the banking institution is now legally allowed to use those customer funds deposited as collateral, payment on debts for loans made, or free use on the stock market to purchase investments as the bank sees fit.

Fred Grede, SMG trustee, explained that brokers are no longer required to keep customer money separate from their own. “It does not bode well for the protection of customer funds.”

Since the ruling gives banks the right to co-mingle customer funds with their own, no crime can be committed for the use of customer deposited monies.
According to Walker Todd , former lawyer for the Federal Reserve Bank of New York and Cleveland: “Basically, there is a new 7th Circuit opinion saying that there is no reason to impose a constructive trust on a lender’s takings of customers’ funds from client commodity firms that were used (inappropriately) to secure the firms’ borrowings, as long as the lender can say that it did not know WITH CERTAINTY that customers’ funds were being repledged. Negligence and misappropriation (vs. knowing criminal intent) are now a sufficient excuse for letting the lender keep the money and go to the head of the line for distributions in bankruptcies of the client commodity firms.”

When a customer deposits money into a bank, the bank essentially issues a promise to have those funds available when the customer returns to withdraw the deposited amount. When the same customer withdraws funds from their account (whether checking or savings) the customer assumes that the bank has enough funds to cover their withdrawal; including the presumption that their monies are separate from the bank’s assets.

Now, those funds are up for grabs by the bank at their discretion without explanation to the customer – nor is the bank obligated to recoup the customer should they “lose” those funds due to bad loans, bankruptcy or stock market loss.

In Texas, Pamela Cobb, manager of Bank of America (BoA), stole an estimated $2 million from customer funds for personal use. Cobb had been taking customer segregated funds since 2002.

Customers have complained of fraudulent charges placed on their accounts that BoA cannot explain. When the customer brings these charges to the in-house fraud department, they are given the run-around until they acquiesce.

Other customers have had their private possessions stolen right out of their safety deposit box held at BoA. The safety deposit box was drilled into and the contents shipped to the BoA corporate holding center in South Carolina.

In 1992 to 2003, Citibank called their theft of customer funds “account sweeping” wherein they stole more than $14 million from customers nationally. Using computerized credit card processes to remove positive and negative balances from customers, the scheme included double payments or funds paid out on returned purchases that were then attributed back to the customer.

At Chase bank, an anonymous employee opened an account under a customer name (targeting an Alzheimer’s sufferer), complete with a personal debit card. An estimated $300 per day was withdrawn on the fraudulent account. When family representing the victim alerted Chase, they brushed them off with an internal investigation claim – even as the family sought legal action.

Banking fraud against the elderly has risen of late, since banks realize they can steal massive amounts of cash from their aging customers with little to no repercussions.

The recent ruling on SMG has given the banking industry the legal backing they have been lacking when stealing from their customers.

Our financial institutions have been planning for a financial collapse wherein the US government will not offer assistance. The resolution plans required by the Federal Reserve Bank, described schemes to have the major domestic banks remain afloat by selling off assets, finding alternative sources of funding, reducing risky measures that make a quick buck. These strategies were to be perfected with “no assumption of extraordinary support from the public sector.”

The mega-banks, through Wall Street, are also acquiring firearms, ammunition and control over private mercenary corporations like DynCorp and ‘Blackwater” as authorized by the Department of Defense (DoD) directive 3025.18 .

DynCorp is a military-based private mercenary contractor that provides (among other services) intelligence training and support, international security, contingency plans and operations. Ninety-six percent of their funding is based on annual revenues from the US federal government. The international branch of DynCorp has operated as a “police force” even assisting local law enforcement during Hurricane Katrina.

Named as investors for the amassing of gun and ammunition manufacturers are Citibank, BoA, Barclays and Deutsche Bank who are pouring money into Cerebus and Veritas Equity who have taken over private corporations involved in the controlling riot situations.

The Federal Reserve Bank, one of the heads of banking cartels, has their own police force which operates as a protective security for the Fed against the American public. As part of the Federal Reserve Act signed in 1913, the designation of a Federal Law Enforcement – special police officers that are exclusively regulated by authority of the Fed (whether in uniform or plain clothes. These specialized police officers (who train with Special Response Teams) can work in tandem with local law enforcement or US federal agencies. These officers are heavily armed with semi-automatic pistols, sub machine guns and assault rifles as well as body armor.

Of recent, when withdrawing cash from an ATM, the daily allotted amount has decreased with some banks, thereby forcing the customer to go into the branch and extract the difference with a teller. At this point, according to anonymous informants, the customer is taken into a backroom to be questioned as to why they want the cash, what they are purchasing with the cash, why they are not choosing to use a debit card or another form of digital trade to make the purchase. These questions are not only intrusive, they are illegal.

Some anonymous sources have said that banking representatives who conduct the integrations are directed to keep a record of customer responses on an online application that will be sent to the FBI in conjunction with Patriot Act mandates on tracking banking activity.

Customer funds are no longer secure, no longer backed by the FDIC or other insurance corporations, and banks are legally allowed to co-mingled customer money with other funds of the bank. The only safe place for your money is with you.

Now is the time to close your bank account.

A Pandemic of Corruption, not H1N1

Margaret Chan

Dr. Margaret Chan standing next to the WHO's flag bearing the Caduceus.

By Luis R. Miranda
The Real Agenda
June 7, 2010

There is no need to say it; it is almost redundant and repetitive to tell about the corruption that brought about the H1N1 false alarm last year.  However, it is never excessive to point out massive corruption when it is detected and identified so clearly.  Many independent sources have denounced the corruption that runs rampant in the World Health Organization.  One of them, the European Health Council, studied and published a report that revealed the gigantic corruption scheme within the WHO and between its workers and the pharmaceutical industry.

Now it is the turn of the British Medical Journal to denounce and publish its findings.  The highlight of the report states that highly positioned scientists who ‘convinced’ the heads of the WHO to declare the pandemic, held tight financial relationships with the pharmaceutical companies that loaded up their coffers with the sale of the vaccines.  The WHO scientists received direct financial compensation from the vaccine manufacturers. During and after the fallout, the WHO denied requests to disclose information on conflicts of interests between its top advisers and the drug companies.

Perhaps the biggest victim after the thousands of patients who died of the side effects the vaccine produced, those suffer from irreparable neurological disorders -also as a consequence of the vaccine- and others who will die and get sick in the future, is the WHO itself.  The very little credibility it still held has completely dissipated and nothing that comes out of its loudspeakers can be trusted.  Now, the only way the organization -a branch of the United Nations- can enforce any of its maddening policies is through the puppet governments that follow any of the guidelines it may issue in the coming months and years.

Caduceus

* The Caduceus is an appropriate choice to represent modern medicine. In antiquity, it was the guide of the dead and protector of merchants, shepherds, gamblers, liars and thieves.

The findings revealed by Deborah Cohen, editor at the BMJ, and Philip Carter, a journalist who works for the Bureau of Investigative Journalism in London, were not only not denied by the head of the WHO, Dr Margaret Chan, but also defended and justified.  Chan said the secrecy was necessary to protect the integrity and independence of the members while doing critical work and also to ensure transparency.  In other words, it is not necessary to carry out honest work at the World Health Organization so long people do not suspect or discover corruption.  However, if corruption is discovered, it is absolutely fine to cover it up while the WHO investigates itself to determine if there is or not wrongdoing in its operations.

The British Medical Journal is not the only organization that found corruption at the heart of the WHO.  As mentioned before, the European Health Council’s investigation also determined that the declaration of the H1N1 Pandemic was based on politics and not science.  It says the way in which the WHO handled the supposed pandemic was “a waste of large sums of public money, and also unjustified scares and fears about health risks faced by the European public at large.”

The reaction from the pharmaceutical industrial complex could not come fast enough.  The drug lords said the WHO did not have other option but to declare the pandemic due to the fact vaccines are the only ways to prevent and cure disease.  This of course are lies.  Vaccines do not treat or cure disease; they prolong them and produce them.  On the other hand, natural production of vitamin D3, for example, is a proven way to prevent and cure disease such as Influenza and others like cancer more effectively than any vaccine ever could. How many times do you hear any doctor or WHO scientist recommending a patient to take sunlight so the body can produce the necessary vitamin D or D3?  The answer is never.  The reason for that is that both the pharmaceutical industry and the WHO pretend to perpetuate the sick care programs that currently have more people than ever in drugs.  Anyone heard of drug or pharmaceutical dependency?

Studies in North America, South America and Europe have shown that a 40-60 nanograms of serum per mililiter hydroxyvitamin D (100-150 nanomols per liter) of  blood is lethal to disease, including 10 different kinds of cancer, diabetes and of course influenza.  The details of the studies and what Vitamin D and D3 are capable of doing to prevent disease as well as to decrease the chance of many medical problems to recur, can be seen here.  So one of the keys to prevent disease is to find out what’s the level of serum in your blood, and to intake vitamin D or D3 if there is a deficiency.  The cost can vary from free (exposure to sunlight 10-15 minutes a day between 11 am and 1 pm when there is less UVB radiation) to about five cents of a dollar a day (using supplements).  Don’t let any doctor confuse you with “no one knows what is the right dosage of vitamin D”, because that is exactly the wrong question to ask or try to answer.  But if you are someone who feels more comfortable with measuring your daily intake, 2000 IU per day is a recommended dosage.  Again, the details can be seen in the video cited above.

As Mike Adams writes “People were kept ignorant of natural remedies, in other words, to make sure more people died and a more urgent call for mass vaccination programs could be carried out.  A few lives never gets in the way of Big Pharma profits, does it?”.  That is exactly my point, too.  A few thousand lives don’t mean anything to an industry whose only goal is to profit every single year based on lies, scare tactics and corruption.  This is precisely what Dr. Margaret Chan meant with her statement.  Corruption is tolerated.  Experimenting with humans is all right.  Looting the public coffers is also fine.  And when people find out the lies, they themselves decide whether there was wrongdoing or not.

But how is it that the World Health Organization mixes, brews and carries out the corruption cocktail we are talking about?

Over-blow the supposed risk: The WHO and pharmaceutical companies classify the risk as very high and create imaginative levels of chance of mortality.  This time, the WHO created a 6th stage which it then declared we were all in.  At this time, when very few cases of H1N1 had been confirmed around the planet, the simple intake of Vitamin D and D3 -either through sunlight or supplements- would have done away with the virus.

Demand that nations purchase vaccines: The WHO asked and then demanded that countries bought vaccines from the biggest manufacturing houses: Sanofi and Glaxosmithkline; in order to prepare for the supposed pandemic.  They then raised the risk level to one of “public health emergency”, which made the countries carry out massive vaccination campaigns against the unsuspecting public.

Loot the public coffers: Nations -both in developed and underdeveloped regions of the world- spent billions of dollars purchasing  H1N1 vaccines while the virus never even reached a significant level of risk.  As it turned out, what did get indeed gigantic was the bank accounts of the pharmaceutical companies as they collected the money.

Payoffs to corrupt scientists: While the world was falling victim of the panic and interacting with anyone on the street was seen as risky, -masks popping out everywhere- scientists at the WHO pocketed kickbacks from the pharmaceutical  manufacturers. Those monies were intentionally kept secret; as the head of the WHO, Dr. Margaret Chan admitted.

Instigate and increase fear: As a way to keep the profits from the sale of vaccines growing, the WHO as well as national and local health departments called on people to vaccinate themselves and their relatives.  Vaccinating, they said, was the only way to be saved from the deadly H1N1 virus.  How many of the people who allegedly died from H1N1 died due to the virus?  Very few.  Most of them died of health complications related to previous medical problems that were aggravated with the influenza virus.  The vaccine did not prevent or treat those complications.  In fact, many of them were triggered by the vaccines themselves.

The question that comes to mind then is: Why do governments and its health departments continue to follow guidelines from the WHO given the blatant corruption schemes that govern its actions?   And more important:  Will they continue to obey the directives from the WHO in the future?  Probable yes.  Bureaucracy is an equal opportunity offender and it does not distinguish whether it is a local, regional, national or international organ.  So the decision to reject the WHO’s corrupted rules and to take responsibility for your health is in your hands.  So when the next ‘pandemic’ comes around remember:  The scientists that advice the WHO are in the payroll of the pharmaceutical companies and they will always hype a virus and turn it into a monster with 5 heads if that is what it takes for them to turn a profit. And one more thing:  there has never been an independent scientific study that confirmed that vaccines prevent, treat or cure any disease.  Vaccines are the biggest scam of modern medicine.  All medical studies carried out which claim that a vaccine prevents, treats or cures disease were either conducted by vaccine manufacturers or paid by them so universities and laboratories  “independently confirmed”  they are effective.

If there is anything positive left from the WHO’s imaginary H1N1 pandemic is that now more than ever we can be sure neither the WHO nor the pharmaceutical industrial complex have your interests at heart.  Their only interests revolve around the idea of filling their pockets with money and in the process depopulate the planet a little bit more every time.

* W. Burkert, Greek Religion 1985 section III.2.8; “Hermes.” Encyclopedia Mythica from Encyclopedia Mythica Online. Retrieved October 04, 2006.

Brazil Also Violates Civil Liberties

By Luis R. Miranda
The Real Agenda
May 11, 2010

Brazil is well-known by its Samba, wonderful beaches and friendly relaxed people. It is often compared to more developed countries for its size, population and resources. But there is one more way in which Brazil is similar to the so called developed world: It also violates civil liberties. Different from say, the United States or England, police here do not harass citizens that much. However, the violation of their liberties and rights is still done quietly. Brazil is a country with very limited access to information and people here know very little about their rights and duties. This panorama is fertile ground for government abuse and corruption.

The giant of South America has been known to have some of the greatest impunity throughout the years. Corruption runs rampant from north to south and east to west. In a recent survey, it was determined that Brazil is among the first countries in corruption and impunity. Although much of this corruption amounts to politicians providing and receiving large sums of money for political favors, there is more beyond regular bureaucracy corruption. The former Portuguese colony is rapidly adopting globalist measures of population control, much like the United States, England, Australia and New Zealand.

Throughout the last 12 months, a few newspapers have revealed in the back of their pages and in tiny one column articles, the almost compulsory nature of the vaccination campaign against the H1N1 flu, which although it has been proven to be a sham, continues to be implemented countrywide. Fortunately, some people have been made aware of the dangers of the vaccine, and the campaign has not had the results first expected by government health authorities. According to Zero Hora newspaper, only 670,000 elderly got vaccinated instead of the 1.4 million expected in the state of Rio Grande do Sul. Less than 50 percent have taken the regular flu vaccination. However, this does not mean Brazil can escape from the control of the World Health Organization. The vaccinations continue to be carried out for different population groups all over the country.

Brazil also uses a form of fluoride in the water supply, a practice largely adopted for its supposed benefits on people’s teeth, but that has also been found to be pseudoscience. Recently this publication interviewed a head chemist at SEMAE, a government organization that cares for the quality of water in the town of Sao Leopoldo, Brazil. With a Master’s Degree in chemistry, she not only admitted she never saw a study that confirmed the claim fluoride, in any form, is beneficial to people, but also confessed that fluoride is put in the water based on the belief it helps to promote oral health. When asked about the dangers sodium fluoride and substances of the like pose to people, she said she never learned anything about that in college or training courses she attended. In fact, fluoride causes tooth decay, mouth cancer and several neurological disorders in addition to lowering intelligence.

The country is in advanced stages of implementing National Identification Cards as well as using Airport Body Scanners. These last two technologies are already being used or will be in force in less than 10 years. In the case of the radiation emitting body scanners, there are several of them in national and international airports. According to the newspaper Zero Hora, from the state of Rio Grande do Sul, beginning in May 2010, travelers who board planes in the cities of Guarulhos, Rio de Janeiro, Recife and Manaus, may be selected as candidates for walk through one of the full body scanners. This measure is taken even though in more developed countries, the use of the scanners raised concern not only for the radiation they emit, but also due to the fact people’s bodies are seen completely naked in the images the machine generates.

According to many civil rights and privacy groups the use of scanners is a gross violation of privacy laws. The images generated from the scanners are saved in hard drives and kept for further use in surveillance. Although authorities in Brazil deny the capacity of the scanners to provide such images, Angelo Gioia, from the Federal Police in Rio de Janeiro, admitted it is a more invasive method of surveillance. Currently, Brazilian laws allow for searches of people when there are founded suspicions of illegal activities, but do not regulate the use of this kind of scanners. Goia believes there should not be any limits when it comes to security. The cost of every body scanner is $170,000. Body scanning technology operates based on the use of millimeter waves over a body to measure the energy reflected back to render a 3D image.Millimeter wave scanners produce,30 to 300 gigahertz electromagnetic waves, something close to what a cellphone emits. The promoters of Airport Body Scanners always cite the huge benefits they provide in preventing safety hazards such as guns, explosives, etc. But the truth is that a pat down or bomb sniffing dogs are as useful or more accurate. Just as it has been done in other countries, in Brazil the use of this technology is presented as an added convenience, so more people receive it and adopt it willingly. Little is talked about the violation to the right to be private as persons and in our property. Added to the convenience, there is another factor injected in the adoption of the scanners: Fear. The threat of terrorism is the extra ace under the sleeve always ready to be pulled out in case people complain or find the scanners to be an inconvenience.

How much terrorism is there in Brazil? Compared to other countries like Ireland, Israel, Palestine, Pakistan or Great Britain, the answer is: nothing. The country has never suffered a major terrorist attack in modern history. The closest to terrorism are the occasional shootings between drug lords and military police in small neighborhoods of Rio or Sao Paulo. So why does Brazil need the scanners? It does not. As in many other countries, the adoption of this technology is all about submission and loss of liberties. In fact, history shows that the most incredible terror attacks have been of the false-flag kind. Trend forecaster and founder of the Trends Research Institute, Gerald Celente, a notable guest in main stream media outlets such as CNN and NBC, believes 2010 will be the year of multiple government sponsored attacks. “It’s the crash of 2010 as we predicted it,” says Celente. “The global economy collapse in March of 2009 when they inflated the markets with fiat money.” Celente predicted the current crisis, falling stock market, civil unrest in Greece and the collapse of Iceland, Argentina, Portugal, Spain as well as the crisis in the United States and the United Kingdom. “Anyone who believes this kind of stuff is beneficial, deserves what they get.” Gerald Celente warns people on what will happen once this kind of policies are fully implemented. Watch this clip at 5 minutes and 30 seconds.

When it comes to the National Identification Card in Brazil, information about it is very scarce. Most people here visit Federal PolicRFIDe offices all around the country to renew their driver licenses or identification and do not inquire or wonder about the new technology used in those documents. In other countries where it has been implemented, the National ID card is rejected by informed citizens as well as pro privacy groups because it contains all information related to the bearer of the card: Social Security number, physical address and a unique identification number that unlocks a wide variety private information such as bank accounts, savings, workplace, voting record, and so on.

In Brazil, the new National ID Card, provides a unique ID number according to the state the person lives in. In the south, people will have ID’s with a unique 10 digit number, in Brasilia, 7 digits, Sao Paulo 9 digits, and so on. The issuance of the new card will begin in October 2010, and it is estimated that every citizen, naturalized and legal immigrants will be part of the database by 2020. According to technology expert Chris Paget, Radio Frequency Technology, the type used in National ID Cards, has been used for years in credit and checking cards. “There have been hundreds of millions of cards issued with RFID. The problem is that people do not know that technology is contained in the cards, and therefore they don’t do anything to protect it” It sounds strange to say the least, that the technology that is supposed to keep us safe, needs to be protected itself. Right now, anyone with an RFID reader can pin point credit and checking cards and obtain enough information to clone it and use it in a transaction. So, why do countries what to literally count and have such a tight control of their citizenry? Dr. Katherine Albrecht, Founder and Director of CASPIAN Consumer Privacy believes there is a massive push for governments to identify and number all of their citizens, and in the process, use technology created by mega corporations which then, would be in control of personal information such as identification number, banking accounts, social security, pension fund accounts, credit card numbers and so on. “We are seeing this in China, where 1 billion people have been issued National ID Cards with radio frequency devices. They are doing the same in Mexico, 1.2 billion people in India…”

According to historian Daniel Estulin, the use of National ID cards along with other technologies is a push for creating a cashless society. “No more money will be needed, because you will have credit assigned to your identification number. The problem is you are not going to be the one deciding how many credit to put on the card. The government will.” Estulin as well as Albrecht recognize the existence of government databases for jobs, credit and crime, and warn the use of National ID Cards will allow for the creation of a worldwide complete database where everyone will be included.

In Brazil, the issuance of the National ID Card will begin as a pilot project in every region. The card will be similar to a Credit Card, with a chip containing information such as the CPF or Cadastro de Pessoa Fisica, voter registration number, fingerprint, or an iris scanned image which will be accepted by the system known as AFIS or Automatic Fingerprint Identification System. This system is recognized worldwide, and is the one utilized by governments in all 5 continents. The resulting number will be a standardized RG or Registro Geral. With this local, regional and national database, Brazil will be one of the last giants in the planet to succumb to the plan to submit to a global registration program where corporations know each and every human being, no matter where they live.

Sources:

Immigration Proposal Creates National ID Card, fingerprint database

https://realagenda.wordpress.com/2010/05/02/dems’-immigration-proposal-creates-national-id-card-‘fingerprints-database/

A Fluoretacao da Agua: O Maior Caso de Fraude Cientifica do Seculo

https://realagenda.wordpress.com/2010/05/01/a-fluoretacao-da-agua-o-maior-caso-de-fraude-cientifica-do-seculo/

Cnet News

http://news.cnet.com/8301-27083_3-10423199-247.html

Gerald Celente, Trend Forecaster

http://www.youtube.com/watch?v=QVonJr9XvK0&feature=player_embedded#!

Shadow Government Film, RFID

http://www.youtube.com/watch?v=Vfpdbxh-8-o

Shadow Government Full Documentary

http://www.liveleak.com/view?i=56a_1265516934

Zero Hora Newspaper, Friday May 7th, 2010

“Identidade terá novo modelo em outubro.” Page 54

Zero Hora Newspaper, Friday May 7th, 2010

“Aeroportos terao scanner de corpo.” Page 57

Automatic Fingerprint Identification System

http://www.interoptest-berlin.de/pdf/DERMALOG_Company_Profile.pdf

European Health Council Unveils H1N1 Fraud

http://www.associatedcontent.com/article/2664587/health_council_of_europe_unveils_h1n1.html?cat=5

Russia Today. Get Ready for the European Double Dip

http://rt.com/Business/2010-05-07/ready-european-double-dip.html

RFID Reader

http://www.cypress.com/?docID=15592

National ID Card

http://epic.org/privacy/id-cards/

CASPIAN Consumer Privacy

http://www.nocards.org/

Daniel Estulin

http://www.danielestulin.com/el-hombre-tras-los-libros/