In case any of you are wondering, some of our email updates do go to the office of Patrick Fitzgerald depending on the content. This one did on the first transmission.

Some will receive this Saturday and some on Sunday because I can only send so many emails a day before SBC Yahoo start blocking them.

Karl, so well said! And not to change the subject, did you hear about the House passing HR-5020, Intelligence Authorization Act for 2007? Oh, this angered me! For them to threaten Intel whistleblowers, journalists and military officers in hopes to give this cabal government more power and control over their corruption and agendas were beyond my comprehension...are they ignorant? This will definitely back fire and hopefully to our advantage! Threatening our Intel and generals with consequences? WOW! WILL THEY THREATEN BACK! Talk about civil war from within and to the Public!

You are about to read below part of the reason and a major part of the reason our Congress is doing such things and selling all of us out. They truly are a bunch of gutless wonders serving their Puppet Masters well.

Most have heard about the short selling of stocks and profiting huge on 9-11. Most have heard about the huge questions regarding Larry Silverstein, the buildings, the insurance and paying twice for the towers since they are attacked by two separate planes. One strategy, one planned attack, two planes, Lucky Larry gets paid twice what the towers were worth. One of the buildings even fell around 5pm and it was not even hit in the 9-11 attacks. Read on.

Some of the short selling stocks did not involve airlines but did involve people who are directly and indirectly involved in this huge GWOT scam. One of the members on the Email List sent the following and it ties back into information that I wrote about in One-Way Ticket to Crawford, Texas:

Hello Karl,

I don't think I sent this on before, but here are stock transactions for Universal Forest Products Industries from Sept. of 2001, and look at what happens day before 9-11. To any layman, it sure looks like a sell-off, now does it not?

Now, go to "dogpile.com" and type in Peter Secchia and you will see the ties. Check out BIOPORT in Lansing, Michigan, and how they profited once Anthrax hit.

It's all there.

When DNC first learned of my book and its title, they wrongly assumed that I was a Republican outing just Bush. No, my book outs both sides of the aisle in a blistering critique of our government and is why I finally had to self-publish. Every American needs to read my book for it is based on a lot of inside information.

BioPort was the exclusive anthrax vaccine vendor to our Department of Defense and they are now involved in a deal with DynCorp, as DynPort Vaccines, LLC. DynCorp is a well known mercenary company that has profited off these types policies for many years. Their CEO at one time was Herbert “Pug” Winokur and when Kenneth Lay and Jeffrey Skilling had to leave Enron Pug Winokur became its interim CEO to keep the lid on that fraud. Read on, another Enron executive shows up later in this story.

BioPort lost their cushy deal to VaxGen when that company was awarded a $1 billion defense contract to provide anthrax vaccines but then BioPort hired a major lobbyist and got a cushy deal on Project BioShield where Bush wants all Americans to take a vaccine that is known to be harmful to our soldiers. The private sector does not have a Feres Doctrine to hide behind so that is why Congress and Bush gave the pharmaceutical industry blanket immunity from doing harm to you with medicines and vaccines.

This article is an excellent read on how the sleaze works in our capital: http://www.dailypress.com/news/local...story?page=1 [local copy.]

You information sleuths can dig deep to learn how a forest products company can be shorted down 25% within 7 days prior to 9-11 and then defy the Dow Jones and S&P over the next two weeks. What do they make that got that rebound and who were they supplying? The insiders were ready for 9-11, too bad our defenses were not but then they were told to stand down by the same government that is behind this charade.

Most have seen the sleazy business practices of Halliburton, Kellogg Brown and Root, and how they have used 9-11 to spend hundreds of billions of dollars enriching the insiders and taking over oil and gas supplies. Most have watched as our oil, defense, pharmaceutical and other companies have reported record profits while our economy is sliding downhill everywhere but in those inner circles. Most have watched as our government turned Hurricane Katrina into yet another easy way to line the pockets of the insiders and ignore the people that were harmed.

How are they keeping it propped up? How are they keeping the illusion alive?

I am not certain how many on the email list know that another person and I took a stack of 9-11 related documents to the office of Eliot Spitzer, Attorney General for the State of New York on December 27, 2004. Those same documents were delivered to Manhattan District Attorney Robert Morganthau on the same day. Most people probably recognize Spitzer’s name as the person that stood up to Wall Street regarding the defrauding of the New York State Pension funds. When corporate fraud was running rampant through Wall Street, major corporations that issued stock and debt instruments, and in Washington, DC our government regulators just sat there like deer in the headlights while Spitzer enforced New York law against the wrongdoers. Every attorney general in the United States has the same cause of action and has sat still while millions of Americans were plowed under.

While the very fabric of our economic structure has been plundered, our regulators and law enforcement persons have stood idly by and watched while millions of Americans were put into the poor house or their net worth severely diminished. I stood up for those screwed over Americans and can tell you there was a dear price to pay in doing so.

You see, they cannot dig too deep on any fraud without their own government fraud becoming glaringly apparent. The corporate fraud and the government fraud are intertwined.

I wrote about this matter and it appeared on OnlineJournal.com but is now only available on the Internet and on my website at this link: http://www.karlschwarz.com/01-14-05_Schwarz.pdf [local copy.]

That particular stack of documents related to a $120 billion Brady Bond deal that closed in 1991 during the George H W Bush Administration and apparently involved Goldman Sachs and Cantor Fitzgerald. The latter firm being the one that lost almost all of their employees on 9-11-2001 in the WTC North Tower. That Brady Bond deal was supposed to have matured and been due in late September 2001 and early October of that same year as a ten year maturity. Apparently the bonds were destroyed in WTC I and the deal never closed at least according to any records we have been able to find.

Someone basically got free use of $120 billion for 10 years as of 2001 and there might have been two such fraudulent transactions running parallel. Since they were based on government instruments and Wall Street deal doing, we will have to look in those two places to find who gave the government side of the deal color of legitimacy when it was a clear cut fraud.

The email update yesterday had this in it and it was a prelude to this update because of what you will read below:

“Are you aware that SEC records were destroyed and they were investigating a tsunami of market fraud and IPO fraud on Wall Street dating back to the Clinton – Gore Go-Go economy?

Most have heard about that colossal corporate fraud named Enron and Global Crossing, but are you aware that the key documents that would have proven the fraud against Wall Street and Global Crossing, all $52 billion of it, were stored at Global Crossing Holdings, Ltd, 83rd Floor of WTC I? Their corporate headquarters were supposedly in New Jersey, but the key documents that would have sent them to prison and recovered billions for screwed over investors were in WTC 1.

Were you one of the millions of Americans that were harmed or plowed under by the capital markets fraud? Many of the SEC cases had to be scrapped or started over from scratch. How convenient!

That was not the only fraud based in that building. Global Crossing Holdings, Ltd was on the 83rd floor of WTC I and records that everyone wanted to sue those thieves just miraculously got destroyed on 9-11. If you dig deep at the FCC regarding Global Crossing you will see that I fought that battle for over a year in the NYC bankruptcy court and at FCC.”

The SEC records that were destroyed were in WTC Building 7, that building that was ordered by Larry Silverstein to “pull it”. Hundreds of billions has been stolen from people like you and me, and the cases collapsed with WTC Building 7. Many high level executives and major investors would have been fined or gone to prison and they walked free when 9-11 happened. Many in our government would have been exposed as to the extent of fraud they are against the American people. The Global Crossing investigation was in WTC Building 7 too.

There are four banking groups identified in those Brady Bond files headed by Schroeder Bank (Germany and Switzerland), France based Credit Lyonnais, Japanese banks and Security Pacific Bank, which was acquired by Bank of America. Each of those four groups apparently took a $30 billion hit. But it gets more interesting because there may have been two parallel $120 billion transactions, one of them supposedly legitimate and the other as bogus as it gets and both of them appear to be fraud of huge proportions Why steal just $120 billion when a group can steal $240 billion?

I am knowledgeable about these matters for two reasons. First, I am intimately involved with a group that has, according to my attorneys, a considerable gold asset called Bonus 3392-181 that is executed and comes under international laws and treaties and very much outside of US law. It could be used to help correct a lot of the financial fraud in banking. Secondly, I have been working behind the scenes to help Ambassador Leo Wanta sort out what might be the banking scandal of all banking scandals.

At $27.5 trillion, I think you can classify that as scandalous and it even makes the Caspian Basin oil pale in comparison at a paltry $14 trillion or so at current outrageous prices of oil and gas.

Actually, there is a Third Reason and that is I was the high bidder in the Global Crossing bankruptcy to take over that network and could not get the time of day from the creditors. We fought that battle in the bankruptcy court and at the FCC for several years. They knew we were already on the trail of a huge fraud as to why they did Global Crossing in the first place and lured so much money from so many unsuspecting investors.

The major banks wanted a proprietary global network and they wanted it funded out of everyone’s pocket but theirs.

If you have been keeping up with, or even know about the Leo Wanta story you might find this email update both a lot to absorb and edifying in that you will learn about how we got into this damned mess in the first place.

The basic Leo Wanta story is provided at this link:

http://saba.fateback.com/leowanta.html [local copy.]

A little more specific details about how the United States conducts financial warfare against nations is spelled out at this link:

http://saba.fateback.com/fenicepallida.html [local copy.]

Greg Szymanski of American Free Press, RBNLive.com and Artic Beacon, came out with a story on this matter in early April 2006. http://www.arcticbeacon.com/3-Apr-2006.html [local copy.]

However, this matter goes far deeper and is far more twisted than first meets the eye when reading through it.

This started off as a $27.5 trillion transaction of questionable purpose and originating from two lead banks. Even though guaranteed by the US without telling us about it, they used offshore banks in Canada, Germany, Holland and the UK to set this up. The funds went into about 200 banks in multiple countries. The point I want you to pay attention to is this – those funds are US government funds that actually belong to you and me. There are some, within this nation, trying to make sure it belongs to them through theft and deception. There are some that want this all routed back to the Federal Reserve and keep the lid on it.

Some of this activity goes all the way back to Iran Contra, Clinton, ADFA, Bob Nash and other characters involved in that fiasco. Some of this activity is how the Al Qaeda funds were passed around as drug trafficking and money laundering to set up the attack on this nation.

Attempts have been made to block Leo Wanta from these funds while certain parties try to get access to the accounts and the vast sums of money held in those accounts.

Some of you may know about the Five Dancing Israelis that were filming 9-11 and cheering about it. Some of you may even know the name Dominik Suter as being the head of that bogus moving company and seemed to think 9-11 was something to cheer about. What is not generally known is the name of Dominik Suter appeared on an FBI account seizure list in Europe to seize Al Qaeda accounts. He was released and fled to Israel.

There are different factions trying to get control over these funds and much of it they cannot do so because the accounts are set up as security accounts requiring positive identification.

Some of the banks holding the Wanta funds have been told he is dead, so he is having to go through the process of proving he is alive. They have used that as an excuse to get access to the funds. I am aware of one of the Iran Contra people who is dead by means of murder and they cannot get at his accounts because they cannot produce the access codes. If they did move the funds with the help of certain insiders at the banks, many will have to a lot to answer for under 18 USC § 4 and 18 USC § 35 for fraud against the United States. Read, fraud against you and me.

The judge that entered the order basically held that Ambassador Leo Wanta is the authorized person on the accounts in question. That is why he alone was authorized to close the accounts, recover the funds and pay the taxes due on the trading activity.

That lawsuit was the matter of (Plaintiff) Ambassador Leo E. Wanta v. United States of America, et al (Defendants), Case number 02-1363-A, United States District Court, Eastern District of Virginia, Alexandria Division. That particular court is where sensitive national security matters are heard and kept quiet for national security reasons.

The government is not prosecuting these cases for two reasons. First, the National Security Act of 1947 and these accounts are supposed to be secret dark ops accounts. Said another way, the US government does not want you and me to know what they have done. Second, the United States would open up a can of worms and wind up being the defendants in what would drag net in many within our government to face criminal charges.

At this time, those funds are supposed to be in about 110 banks, 18 countries or so, and not in G7 currencies to keep the matter quiet. However, things are not quiet and are not going to be quiet about such a large sum of money.

On April 15, 2003 a United States District court ruled that Mr. Wanta was to liquidate the multiple entities that were formed as US government fronts, recover the money and pay the taxes. I have read the order and it says what it says. That seems simple enough but to date banks are balking and some are apparently under tremendous pressures to not release the funds to comply with the court order. The final order makes numerous references to the National Security Act as the reason for putting the lid on this matter.

To get the deal done, the United States guaranteed the foreign banks that they could cash their foreign currency part of the deal in for US dollars. Are you getting that picture? Petrodollars so they all stay tied to the dollar and do not jump ship to the Euro.

Well folks, it still has not happened and there are deposits in other currencies in other countries so large that their withdrawal would crater the commercial banks, the Central Banks of those nations, and their economies. What a vicious web some of our leaders have weaved.

So, on the one hand we have a court order to recover and pay the taxes and on the other we have dark ops accounts that some in the United States would love to see stay in place so they can bully those nations at will. There is a third group that wants these funds to stay dark ops so they can continue to play all sorts of dark ops games.

Now, imagine this scenario. Flood $27.5 trillion back into the US and watch both the inflationary pressures rise on us and also the overall value of the dollar would crash. From all appearances, this $27.5 trillion is “off balance sheet” so it is something that the Treasury and Federal Reserve do not want you to know about.

This has every appearance of being yet another idiotic plan out of DC that is so FUBAR that even trying to unravel it is a nightmare in and of itself

But there is a catch. Only a fool would think that the Bush Administration, Treasury and the Federal Reserve would let these funds get away from them and basically at this time they are out of their reach and control. By complying with the US court order, Mr. Wanta would be exposing them one step at a time and they cannot allow that to happen. I am convinced they already have in place a means to take the funds via wire transfers to keep this matter quiet.

Think about what I said above regarding Global Crossing. What is Global Crossing and how did they pull off that huge market fraud, walk free and continue to do business? Who really controls Global Crossing?

Everywhere Global Crossing installed fiber cables there was a parallel entity named Cable Systems Holding, Ltd of Bermuda along for the ride. That entity is a creature of Citigroup Venture Capital, the same company that touted Global Crossing to the moon and the same company that was fined billions of dollars by Spitzer and the SEC.

This is not only a warning to Leo Wanta and some he is working with but also a heads up as to what they are up against. I know IP centric networks globally and I know how Global Crossing has been used to launder money, divert shareholder money and now functions as a global proprietary trading network for the major banks and Wall Street firms.

Global Crossing is now controlled by Goldman Sachs, Citigroup, Bank of America, JP Morgan Chase and other major banks and Wall Street firms as their proprietary trading network. It interconnects 227 financial centers around the globe and is separate from the Federal Reserve and at the same time wired to the Federal Reserve. It carries defense, embassy and intelligence information on secure point-to-point nodes that cannot be penetrated. It handles UK embassy traffic globally. It handles SWIFT, the international financial networks that average about $6 trillion a day in settlements. They can conduct all sorts of legal and illegal business and folks like us would be none the wiser about it.

They can even make wire transfers up and disappear and leave no trace where the funds were diverted to.

There is one party working with Mr. Wanta that thinks he can do this as FOREX and just convert the currency from the non-G7 to the G7 currencies. I am aware of several ways that the bank heist would happen over the Global Crossing network and the money just disappear back into the Federal Reserve coffers.

Since it was Wall Street and our own government that created Global Crossing and then blew out the shareholders in bankruptcy, it is safe to presume that Global Crossing is yet another front company for the government and major banks.

When you read at the above links you will see that the United States agreed to a 15% tax treaty rate and then increased that to 18% and then reneged on that. The “word” of the United States government is dirt. Like those medical benefits for veterans being gratuities and gifts they can withhold at will. There is plenty of proof that the word of our government is not nearly as meaningful as they want you to think.

Nations such as Holland, Austria, Hungary, Italy and other jurisdictions were the targets for where to put money in large enough amounts to wage economic war against Russia by buying up rubles and affecting their economy. There are funds parked in Singapore and other places. That could not be done in US dollars and keep it quiet. You see, Reagan started a new type of arms race when he introduced Star Wars but they could not get the banks to agree to do this massive deal during his presidency to wage economic warfare too.

The mere size of these accounts is now a huge lever on the nations where the funds are parked. Withdrawal of the non-G7 funds would create shock waves through those nations and their commercial banks so the workout has to take on a different nature or it will cause huge economic dislocations.

The deal was finally closed under the George H W Bush administration and along with it came the Brady Bonds, named for his Secretary of Treasury Nicholas Brady. That happened in 1988 and 1989. If you tracked any of that, the Brady Bond deals for Mexico, South America and Russia are now known to be scams and Trojan Horses to expand US financial influence over the world. Many in those nations are still very angry at the US government and certain wealthy elite parties here that scammed many nations.

Many of you will remember this quote from George H W Bush in one of his idle babblings: “if Americans knew what the Bush family has done to this country they would run us out of town.”

Folks, you are reading about it right here and yes, they should be run out of town.

If you have been paying attention, the GHWB administration not only concocted Desert Shield and Desert Storm but they also hatched another Bush-Brained idea called Operation Steppe Shield in 1989, named for the Kazakh Steppes region of Central Asia and a former Russian state under the USSR.

Are you keeping up thus far? We launched a two-pronged war against Russia. First, rise to technology levels they could not compete with without hurting their economy and at the same time attack their currency, their economy. Someone decided to also go after the oil in the Caspian Basin. We set up a series of Brady Bond deals that proved over time to be nothing but scams on other nations.

It was all part of globalization and commerce and bludgeoning other nations into the fold so certain Wealthy Elite insiders could plunder this entire world. Lest you have not noticed, they still are and part of the funding to accomplish that is this $27.5 trillion slush fund that has continued to grow and other parallel slush funds they have yet to admit to. Lest you have not noticed, what I am disclosing is how you are being plundered every day of your life.

Any takers that the person in question is named Bush?

Where did all of this money come from? They just created it; you will not find it in the Official National Debt numbers they lie to us about every day of every year. They just printed off the money and went offshore and swapped for other currencies. Is it used to artificially prop up our capital markets? At times, yes it is. It is used to set up other nations as suckers to beat up on them? Yes, it is.

Apparently the Chicago trust that was the mandate on this aberration deal was a Delaware corporation. When we followed that trail, if it is the right one, we found it odd that a little bank out of a little town in Texas apparently acquired a much larger entity.

http://www.fda.gov/cber/genadmin/fr7_18_95.pdf [local copy.]

Federal Register / Vol. 60, No. 137 / Tuesday, July 18, 1995 / Notices

B. Federal Reserve Bank of Dallas
(Genie D. Short, Vice President) 2200
North Pearl Street, Dallas, Texas 75201-

2272:

1. FCT Bancshares, Inc., Mart, Texas; to become a bank holding company by acquiring 100 percent of First Central Holdings, Inc., Dover, Delaware, and thereby indirectly acquire The First National Bank of Mart, Mart, Texas. In connection with this application, First Central Holdings, Inc., Dover, Delaware; also has applied to become a bank holding company by acquiring 100 percent of the voting shares of The First National Bank of Mart, Mart, Texas.

Board of Governors of the Federal Reserve
System, August 12, 1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-17560 Filed 7-17-95; 8:45 am]
BILLING CODE 6210-01-F

Yeah, I smell another Bush-Brained idea. This has every appearance of being another CIA front company.

http://72.14.203.104/search?q=cache:ahO23G......lnk&cd=3 [local copy of cached return.]

The files are in PDF - you'll have to put your trust in me here, I'm serious about this. files 1-5 document financial transactions totaling $37 trillion files 6 explains what this all means files 7-8 give evidence of where the money has been going. I can't give you text, but somebody already typed out this from file 6: In this type of transaction the only "real" money involved is the 10% difference between the cost and the invoice price to the funder's; the remainder is a computerized paper transaction. The "real" money was supplied by a variety of sources in many different currencies, in gold and other forms of convertible collateral. The US Government's role was to agree to convert these Foreign mantes into US dollars, which they did at considerable profit by converting at a substantial discount. Because of the huge amounts of money, these conversions took place in major US banks, led by Morgan Guaranty Trust Bank, under the direction of the comptroller of Currency, a part of the US Treasury Department, in co-operation with the Federal Reserve, the Attorney General, and the State Department, under the overall direction of the White House. This loan transaction is the largest ever put together, and some two thirds have been completed, resulting in some 1.76 trillion dollars worth of foreign monies having been put up for conversion. We do not know the discount employed, but we believe that it was between 10 and as much as 25% in some cases, hence the remaining monies for disbursement must lie somewhere between 1.3 and 1.6 trillion US dollars, ie the United States has already received a minimum of $150 billion dollars in "conversion" fees. The remaining monies for disbursement have been held by the US banks, for reasons which can only be described as fraudulent, under the direct instruction of the US Government, for over a year and a half. In addition, there has been a conspiracy of misinformation, orchestrated by the highest levels of the US Government, regarding the exact whereabouts of these monies and the timing of their payout. These monies should have been paid out in June, 1989, or shortly thereafter. TAX AGREEMENT To avoid key Government people becoming directly implicated in the delays and improper uses of the money, a tax treaty was agreed on June 28th, 1990, between the IRS and the transaction Mandate, Mr Alex Gaus, Jr, Trust Manager of First Central Holdings Inc. of Chicago, whereby a single, reduced tax sum of 15% only would be taken out up front, instead of the full amount otherwise due in 1991 from the Trust in taxes. This reduction was in lieu of the interest which should have been earned since April, 1989, and the advance tax payment. As a result of the US Government budget negotiations in July, the Government requested that the treaty sum be increased to 18%, a total tax Payment of $318B. This was agreed to by Mr Gaus on July 25th. Whether coincident or otherwise, it should be noted that on Feb 7th, 1991, the Secretary of the US Treasury Department, Nicholas Brady, announced that the Budget deficit forecast for 1991-92 would be $318B. Together with the "conversion" costs, the United States will have benefited from this transaction by a sum of at least $400 Billion US dollars, yet they are still holding onto all the monies for disbursement. Investigations were made into First National's role. "Payout delayed until after April 17th to complete investigations into possible arrests of top bank officials." Ay Late April, 1990. the US Government was under severe foreign pressure, and President Bush took charge directly, with his Chief of Staff John Sununu handling day to day liaison with the Mandate, Mr Gaus. Despite many promises and reports, nothing reached the Trust account. On May 8th 1990, there was an official complaint by the Trilateral Commission against the transaction regarding the arbitrage split between Japan, Taiwan and the US. In July, 1990, it was discovered that the Comptroller of Currency, Mr Clark, a Reagan man, had opened an account in the name of First Central Holdings, but under his own control. So when he said things had moved towards the account, and others monitored the movement of monies, the statements were seen to be correct. But of course subsequent payouts never occurred. On July 18th a Government lawyer reported that President Bush had suspended Mr Clark and sent him on an extended vacation, and his position was temporarily taken over by Judith Walters. Mr Clark had appealed to Mr Reagan and President Bush had had to confront Mr Reagan in his California home the previous week, in the presence of ex-Presidents Nixon and Ford, and tell him that he was no longer running the Government and could not do so in absentia. It was then discovered that Mr. Clark had had Mr. Gaus' phone tapped. It was also discovered that Mr Clark had not previously revealed to the President's staff where all the monies had been placed, some in secret accounts. When Mr Reagan was informed he was "mildly embarrassed." Other changes took place in the C of C's Office, With Karen Wilson moving from Chicago to New York send Robert Herman taking over in Chicago, reportedly to close any areas whereby the Government's role in the delay and deception might leak out. Besides daily promises of positive activity, these are ;some examples of particular unfulfilled completion promises from the White House to Mr Gaus: "President Bush issued yet another release decree on June 4th, 1990, for immediate disbursement," "The monies had to be paid out before President Bush met president Gorbachev in Helsinki in June, 1990." "The monies had to be paid out before the July, 1990 NATO meeting." "The monies had to be paid out on conclusion of the G7 meeting in Houston on July 11th, 1990." On return to the White House, late in evening, President Bush signed off on ***

It was hard to find out anything about the Mandate Alex Gaus, Jr or even the First Central Holdings, Inc. There are three financial institutions in the Chicago area mentioned in the reading on this matter including First Central, Harris Trust and Continental Bank.

The Harris Trust entity was acquired by the Bank of Montreal.

http://saba.fateback.com/fenicepallida.html [local copy.]

Another bank mentioned in the links is Continental Bank, formerly Continental Illinois, and it failed during the mid-1980s due to an oil and gas fraud at a cost of about $9 billion to taxpayers. Guess who was the financial whiz kid that was hiding the truth from regulators? The correct answer is Andy Fastow, CFO of Enron and currently serving time due to his sentence in that colossal fraud.

You see, when rule of law is not brought to bear on these white collar criminals they are then hired to go do the hat trick again for some other company. Andy Fastow was specifically hired by Enron because of his success in hiding fraud from the regulators in multiple SPE, or Special Purpose Entities. What law firm worked with Enron in the creation of such entities? Mayer Brown Rowe & Maw, of which senior partner Richard Ben Veniste was on the faux 9-11 Commission and his law firm kept Bridas Corporation tied up in court while the United States was taking over the Trans-Afghanistan Pipeline post 9-11.

Getting the picture yet? Enron and Mayer Brown shared an office in Uzbekistan, one of the former USSR states defined as the Caspian Basin and vast amounts of oil and natural gas.

Being directly involved in this matter in trying to sort out the mess, I have seen the factions, their rationale, and a clear way to sort out the mess. Guess what? Now that George H W Bush has parked those funds, he, Clinton and the current Bush all want to keep the financial terrorism tool in place so they can exert more control over those nations.

They do not want the funds recovered, they do not want you to know about those funds.

We as a people need to decide if we approve of the way this nation treats others and has come to treat us too.

After the US District Court ordered Leo Wanta to recover the funds and pay the taxes due, our president appointed his cousin, George Herbert Walker, III as ambassador to Hungary. That is one of the countries where the dark accounts were established and run out of Vienna. http://www.state.gov/r/pa/ei/biog/24686.htm [local copy.]

The task we have before us is to get the funds recovered but do so in such a manner we do not crater the US dollar or the nations where these funds are. We also have to go around the global trading network that they have set up to affect any type of financial fraud or theft in wire transit they wish to do. Some of the funds have been located and others are mysteriously missing or were being used as pass through accounts so they could be taken and used for other purposes.

To get it done, we are having to seek gold bullion because it is far more valuable than the cheap paper our government has created with its own policies. That bullion will have to be used to shore up the banks there and here thanks to the idiotic economic policies of our last three presidents. We cannot suck up the petrodollars in making this workout happen because that will either force certain countries to move to the Euro or our idiotic Federal Reserve will print off more and erode the value of the dollar more.

Our government has flooded the world markets with dollars and then bullies people into staying on the dollar for their purchases of oil and natural gas. That is called petrodollars diplomacy and God help any nation like Iraq, Iran or Venezuela that defies them and goes with the Euro to denominate their oil purchases.

This $27.5 trillion slush fund is another form of bully weapon for it is not denominated in dollars or other G7 currencies at this time. Withdrawal of such vast sums could financially destroy smaller nations and economies if not done right.

There is mention in the reading on the Wanta matter regarding “collateral providers” and Americans are entitled to know what collateral was put up since there was $27.5 trillion in US dollars created by this scheme and that was converted into other currencies to affect all kinds of mischief. AMRO Bank of the Netherlands and Barclays PLC were the main collateral providers according to the information we have been able to find. We have not seen the collateral documents but there is a possibility that some or all of it was the type of falsified gold collateral certificates and there are trillions of them in existence at this time.

There are literally trillions of dollars of bogus gold collateral certificates that have been given color of legitimacy by our government over the past 15 to 17 years. If this deal was underwritten on bogus paper, Americans deserve to know the truth and the identity of the persons who did that.

There is very good chance that falsified gold collateral certificates were used as collateral since the ultimate objective of the United States was to create a financial weapon it could use at will against any nation and keep it off the books. Why tie up real collateral on a deal that is not supposed to exist?

They call such financial schemes Trojan Horses and it is one of the reasons that the United States and our major corporations are hated with a passion in much of the world. Trojan Horses are used to bully other nations and take over resources, blast open closed doors to major US corporations when the countries default or cannot repay. They are a means of financial warfare or financial terrorism may be more accurate.

If you do the simple math, 110 banks more or less and $27.5 trillion is a huge deposit that the withdrawal of which would devastate most banks and most countries those banks are located in.

I have dealt with some of the banks and to say they are panicking is to be mild. Horrified that the funds are under order to be withdrawn is a more accurate statement.

One of the Iran Contra operatives that was running parallel accounts to this Leo Wanta operation was murdered in 1994 and there are accounts out there that only he knew the codes to get the funds out or moved. We have already detected the overlaps between these Iran Contra accounts and the parallel operation that Leo Wanta was involved in.

Could this be solved to where the foreign nations and the United States could have a win-win? Absolutely but we have folks in DC so stuck on stupid such equity would never occur to them. They are more concerned about evading prison sentences than working this out as a win-win for all parties except them.

These funds could easily be used for economic development, creating jobs both here and abroad, and paying off our national debt and addressing the DU nightmare these thugs have caused. It could even be used for R&D for alternative energy to get this nation off of the Bush Plan of Big Oil Forever.

That is the plan I am working on.

Of course, Washington, DC does not like that. The dollar would be stronger, the price of oil would have to come down and the energy companies would have to figure out some way to finance their production without relying on the US military for oil grabs and permanent security and robbing you at the pump. Far too many Americans do not grasp that with all oil sales in dollars, the weaker the dollar the higher the price for a barrel of oil. It has far more to do with economic policy than supply versus demand.

You see, every time you fill up your vehicle think about this. That price of a gallon of oil has the blood of American soldiers to factor into the cost. Their permanent health care has to be figured into the costs. The cost of these idiotic oil wars has to be figured into the price as well as the permanent security being provided by our soldiers.

I figure, roughly, the real cost of a gallon of gas right now is over $10.00 a gallon when you figure in all of the hidden costs and that does not factor in the blood of our soldiers.

The math is not that hard to figure out. Weak dollar equals high priced oil and gas and the weaker the dollar the higher oil is going. Strong dollar equals lower prices of oil and gas. Now, why would our government want a weak dollar and high enough energy prices to hurt all nations? It is called economic warfare conducted by a bunch of financial terrorists we have in Washington, DC and on Wall Street.

Even as you read this, oil is up, gasoline is up, home heating oil is up, electricity will skyrocket this summer, economies are feeling the strain and buckling. Nations like China, Sweden and Venezuela have had their fill of the economic policies of this nation. Many of the other nations would jump to the Euro in a minute if it were not for the threat of how this $27.5 trillion could be used against them.

Foreigners think we are complete idiots for re-electing these White Collar thugs into office again and again, but they are not as aware as many Americans are as to how they steal elections to make sure they have compromised scumbags in office that will do the very deeds you have just read about. That includes the White House and this Congress of ours that are like the three monkeys, see no evil, hear no evil, speak no evil. Speak no truth would be more accurate in this circumstance regarding that last item.

Paul Craig Roberts recently came out with the best piece I have read yet on the fallacy of our Superpower status. http://www.counterpunch.org/roberts04252006.html [local copy.] Read it and weigh to what you have read above. Decide what future you want and then come join us on the real front lines.

Best regards,

Karl W.B. Schwarz