Is the Fraudulent Reserve Really Tapering?

Is the Fed “tapering”? Did the Fed really cut its bond purchases during the three month period November 2013 through January 2014? Apparently not if foreign holders of Treasuries are unloading them.

From November 2013 through January 2014 Belgium with a GDP of $480 billion purchased $141.2 billion of US Treasury bonds. Somehow Belgium came up with enough money to allocate during a 3-month period 29 percent of its annual GDP to the purchase of US Treasury bonds.

Certainly Belgium did not have a budget surplus of $141.2 billion. Was Belgium running a trade surplus during a 3-month period equal to 29 percent of Belgium GDP?

No, Belgium’s trade and current accounts are in deficit.

Did Belgium’s central bank print $141.2 billion worth of euros in order to make the purchase?

No, Belgium is a member of the euro system, and its central bank cannot increase the money supply.

So where did the $141.2 billion come from?

There is only one source. The money came from the US Federal Reserve, and the purchase was laundered through Belgium in order to hide the fact that actual Federal Reserve bond purchases during November 2013 through January 2014 were $112 billion per month.

In other words, during those 3 months there was a sharp rise in bond purchases by the Fed. The Fed’s actual bond purchases for those three months are $27 billion per month above the original $85 billion monthly purchase and $47 billion above the official $65 billion monthly purchase at that time. (In March 2014, official QE was tapered to $55 billion per month and to $45 billion for May.)

Why did the Federal Reserve have to purchase so many bonds above the announced amounts and why did the Fed have to launder and hide the purchase?

Some country or countries, unknown at this time, for reasons we do not know dumped $104 billion in Treasuries in one week. …

http://www.paulcraigroberts.org/2014/05/12/fed-great-deceiver-paul-craig-roberts/

If you’re not sure why this is important, you really should read the rest of the article.

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Humor: North Carolina law would make discussing fracking chemicals illegal

North Carolina legislators are considering a bill that would make it a crime to publicly disclose toxic chemicals that energy companies use in the hydraulic fracturing process, with offenders on the hook for fines or even jail time.

Known as the Energy Modernization Act, the bill would make any unauthorized disclosure of fracking trade secrets – including the chemicals used – punishable with a Class I Felony, according to an Energywire report.

Fracking, a gas and oil mining technique which involves injecting a mixture of sand and chemicals deep into the earth, has been blamed for contaminated drinking water, infertility, birth defects, cancer, air pollution, and other serious concerns. Americans opposed to fracking have not only struggled with obstacles put in place by gas and oil companies, but also with the high profits and employment that come to struggling communities along with the process.

Environmentalists have called for more transparency in the conversation over the chemicals used, although gas companies have fought back by saying that their chemicals are a trade secret and thus should be protected. Now, under the parameters of the North Carolina bill, even firefighters and individual healthcare workers could be in trouble if they openly discuss the chemicals that are injected into the ground near their home.

The felony provision is far stricter than most states’ provisions in terms of the penalty for violating trade secrets,” Hannah Wiseman, a Florida State University assistant law professor who studies fracking laws, told Mother Jones.

If the bill, which has the backing of the state’s top Republicans, is signed into law, major corporations could be given the power to force emergency officials to sign confidentiality agreements, although the penalty for breaking that agreement is unclear. …

http://rt.com/usa/160052-nc-outlaw-disclosing-fracking-chemicals/

No seriously, it’s not a joke.  It’s beyond humor or life and death.  It’s 1+tomato=blue.  It’s the death knell of a plausible government.

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Kamikazi US Government Plays Empire Games While Russia, China Settle Trade in Domestic Currencies

VTB, Russia’s second biggest lender, has signed a deal with Bank of China, which includes an agreement to pay each other in domestic currencies.

“Under the agreement, the banks plan to develop their partnership in a number of areas, including cooperation on ruble and renminbi settlements, investment banking, inter-bank lending, trade finance and capital-markets transactions,” says the official VTB statement.

The deal underlines VTB Group’s growing interest in Asian markets and will help grow trade between Russia and China that are already close trading partners, said VTB Bank Management Board Vasily Titov.

An Agreement on Cooperation was signed by Titov and Bank of China President Chen Siqing in Shanghai on Tuesday in the presence of Russian President Vladimir Putin and Chinese President Xi Jinping.

VTB Group is Russia’s second biggest financial institution with more than 30 banks and financial firms in more than 20 countries. Its assets were estimated at 8.8 billion rubles as of 2013, with a profit of 100.5 billion [million?] rubles. …

http://rt.com/business/160124-vtb-bank-china-currencies/

Seriously, is this the best the american people can do?   Tricked by lobotomized, sexually truncated satanists with OCD?   Grotesque.  Pitiful.   American medicine will never live this down.

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