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and/or covered up by the 'great' news about Mexico. I will post the latest info I have and then I will add some information which I received dated Oct 18, 1995, which sheds some light on this situation. Notice the dates coincide. The date from the 1995 information is referenced in the 1997 posting. The 1995 information contains amounts which might have been ballpark figures. (Who is going to argue about a couple of hundred billion Federal Reserve Notes.) ******************** January 1997 ******************************** This was posted to SNETNEWS by Brian Mosely <
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Originally posted on the Leading Edge Research site: JAPAN DEFAULTS ON SECRET $600 BILLION CLINTON E.O. LOAN January 7, 1997 This evening we received word that according to Dr. Walker Todd, former Chief Council of the Federal Reserve, that he has been briefed that in October 1995, President Bill Clinton, using an Executive Order and citing the Emergency Powers Act of 1933, and bypassing Congressional knowledge, gave Japan a secret $600 billion loan through Bundesbank in Germany in order to hide the fact from Congress and the American people. Now Japan has informed the United States it can not even make the first payment on the loan and the Federal Reserve was informed of the secret loan. As of January 1, 1997, Japan has made it known in public that they will no longer buy US bonds on the open market. Treasury Secretary Rubin was apparently somehow involved in the loan process. Financial analysts now see this as a prelude to a dark sequence of events, probably beginning with a skyrocket in interest rates as what is now being called an illegal $600 billion theft from the U. S. monetary system becomes public knowledge. What fate Japan will suffer (geotechnical earthquake production directed toward Japan?) as a result of this default is unknown. ******************** End of 1997 posting ********************** The following is from an investment letter from North American Investment Services. I am just quoting a couple of paragraphs and in fairness to the firm who put it out, I feel committed to place their address and phone number in this posting. North American Investment Services P. O. Box 35733, Albuquerque, NM 87176 1-505-286-1892. ********************* Oct 18, 1995 Newsletter info ************* B. THE JAPANESE BAILOUT. On Oct 16, the Federal Reserve System announced rather nonchalantly, that a reserve account was being established to repurchase U.S. Treasury bonds from Japan's insolvent banks, if that becomes necessary. Again not to worry. While O.J. Simpson and other trivia commands the headlines this announcement was tucked quietly away on page B6 of the Albuquerque Tribune. What the brief article didn't reveal was the size of the contingency account. Now hold your breath. On CNBC, that same day, it was announced the amount of the possible buyout is $400,000,000. Yes, that's four hundred billion dollars the fed may print 'out of thin air' to prevent Japan from flooding the world financial markets with U.S. bonds. Ask yourself a question: What would happen to the value of bonds if suddenly Japan dumped $400 billion of them into the markets? Next, if to prevent a bond market panic such an action would obviously trigger, the Fed is forced to create that much 'new money' - what will happen to the dollar's value? Are world financial markets finally sending a message that either it can't or won't continue to finance the uncontrolled deficit spending of the United States. ********************** End of Oct. 18, 1995 info **************** It appears from the dates within the articles, there was a hint this was occurring, but the mechanics were not forthright. Now, how come we know Mexico has paid off , even though the payback was disingenuous in method, and we have not heard a thing about the Japanese default in the mainstream press? If anyone has _ANYTHING_ else about this, please ante up.
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