...and this:
"The answers to the questions surrounding the cause of the WTC attack will be
found in events during the presidency of George H.W. Bush and earlier.
Insight into the activities of that period are cloaked by the Executive Order
of George H.W. Bush’s son, President George W. Bush, who on November 1,
2001 issued Executive Order 13233."
"In 1992, George H.W. Bush served on the Advisory Board of Barrick Gold. The
Barrick operation would create billions of dollars of paper gold by creating
‘gold derivatives’. A major distribution channel for the sale of
Barrick’s gold futures would be Enron."
"The records on this investigation were kept in the FBI office on the 23rd
floor of the North Tower which was destroyed by bomb blasts shortly before
the Tower collapsed."
"The Wall Street Journal reported:
"There is every reason to believe activities in the Bank of New York in
the aftermath of September 11th are worthy of suspicion..... At one point
during the week after September 11, the Bank of New York publicly reported to
be overdue on $100 billion in payments.â€
It suggests that certain key unknown figures in the Federal Reserve may have
been in collusion..."
Was September 11
a Cover-up
of a Financial Fraud?
Spanish
German
French
Russian
(The following is an attempt to present in a compact form the claims made by
Dick Eastman, Tom Flocco, V.K. Durham, Karl Schwarz and put together in an
the article by E.P. Heidner dated 28th June 2008 to the effect that the
September 11th attacks were intended to cover-up the clearing of the 1991
issuance of $240 billion in covert securities to fund an economic war against
the Soviet Union during which "unknown" western investors bought up much of
the Soviet industry. A crime presented by official sources as a "terrorist
attack" and used as an excuse to attack Iraq.)
September 11
Initially the official designation of "terrorist attacks" made it difficult
to discern a pattern. However if the destruction of the World Trade Centre, a
segment of the Pentagon, four commercial aircraft and the loss of 2,993 lives
is not considered as a "terrorist attack" but rather as a crime with specific
objectives, there is a compelling logic to the pattern of destruction, not
only of the buildings but of specific offices within each building.
If the attack on the Office of Naval Intelligence in the Pentagon was not
random it is reasonable to assume that the planes that hit the World Trade
Centre, and the bombs reported by various witnesses to have been set off
inside the buildings 1, 6, 7, the basement of the Towers, the vault in the
basement of the World Trade Centre were also deliberately targeted. Why? What
was it that linked these targets? The destruction of the contents of the
basement of the World Trade Centre - less than a billion in gold, but
hundreds of billions of dollars of government securities? In addition why
were specific brokers from the major government security brokerages in the
Twin Towers eliminated? To create chaos in the government securities market?
To create a situation wherein $240 billion dollars of covert securities could
be electronically â€Ĺ“cleared†without anyone asking questions? Which
happened when the Federal Reserve declared an emergency and invoked its
â€Ĺ“emergency powers†that afternoon.
There were three major securities brokers in the World Trade Center: Cantor
Fitzgerald, Eurobrokers and Garbon Inter Capital. On the morning of September
11, Flight 11 hit the North Tower at 8:46 right below the floors on which
Cantor Fitzgerald was situated. Cantor Fitzgerald as the largest securities
dealer in the US was probably the primary target. Shortly thereafter a
massive explosion went off under the FBI offices in the North Tower on the
23rd floor, Garbon Inter Capital on the 25th floor, and in the basement of
Tower 1. The explosion caused the 22nd through 25th floors above to collapse
into an inferno. Fires were reported on the 22nd floor at 8:47. Shortly,
thereafter, at 9:03, Flight 175 hit the South Tower right below the floors on
which Euro Brokers was situated. In all three cases, the explosive, fiery
destruction consumed the offices in the several floors above. At 9:37 Flight
77 hit the Pentagon, targeting one of the few offices that had been moved in
the newly remodeled section of the Pentagon: the Office of Naval
Intelligence, which had been investigating the financial transactions linked
to the securities being managed by those security dealers in the World Trade
Center that were targeted. 41% of the fatalities in the Twin Towers came from
two companies that managed U.S. government securities: Cantor Fitzgerald and
Eurobrokers. 31% of the 125 fatalities in the Pentagon were from the Naval
Command Center that housed the Office of Naval Intelligence. 39 of 40 Office
of Naval Intelligence employees died. In the vaults beneath the World Trade
Center Towers, any certificates for bonds were destroyed.
Building 7 was evacuated somewhere between 9:00 and 9:30. Fires and
explosions spontaneously began at multiple locations inside the building
prior to the collapse of either Tower. This observation contradicts the
official explanation that the fire started when objects from the collapsing
towers caused the fires to ignite. The Building ultimately was destroyed in
what many unofficial observers now believe was a controlled demolition.
Building Seven housed several agencies critical to investigation of financial
crimes.
In the midst of all this, Building 6 was destroyed by explosions from within.
Building 6 was home to the U.S. Customs agency and the El Dorado Task force,
which was responsible for coordinating all major money-laundering
investigations in the U.S. In the immediate aftermath of September 11, these
groups would be redirected to investigate terrorist financing.
The Office of Naval Intelligence in the Pentagon, which sustained a direct
hit from an airliner that day, was without a doubt, a target pinpointed for
destruction. The attacking aircraft went through intricate manoeuvres in
order to hit the west side of the Pentagon, The flight path approach shows
that the attacking aircraft passed almost directly over the White House,
bypassing what should be considered a primary target for a "terrorist attack"
instead of a supposedly empty section of the Pentagon. The planes that hit
the South Tower also manoeuvered in the last moments to hit their exact
target.
On the same day, (September 11) the Securities and Exchange Commission
declared a national emergency and for the first time in U.S. history invoked
its emergency powers under Securities Exchange Act Section 12(k) and eased
regulatory restrictions for clearing and settling security trades for the
next 15 days. These changes would allow an estimated $240 billion in covert
government securities to be cleared upon maturity (September 12th) without
the standard regulatory controls around identification of ownership.
While most media reports defer to the U.S. government contention that Osama
Bin Laden was behind these attacks, foreign media provided reports suggesting
that the â€Ĺ“real power†behind Al Qaeda was unknown. As shall be seen, the
financial power behind the attack is the same power that created these
securities, and the same power as that which founded Al Qaeda.
The Background
In order to understand why the ongoing Federal investigations into the crimes
funded by those securities needed to be ended or disrupted by destroying
evidence in Buildings 6, 7 and 1, it is necessary to understand how the $240
billion in covert, and possibly illegal government funding, could have been
created in September 1991 and also to know the background of 50 years of
history of key financial organizations in the United States, where U.S.
Intelligence became a key source of their off-balance sheet accounts.
The covert securities used to accomplish the original national security
objective had ended up in the vaults of the brokers in the World Trade
Centre, were destroyed on September 11, 2001, the day before they came due
for settlement and clearing. Either a key group of senior National Security
officials, who had participated in the victory of the economic cold war in
1991, considered the deaths and destruction as ‘collateral" damage to hide
the existence of the covert activities or the destruction constituted a
cover-up of continued lawlessness by a fraternity or brotherhood of
businessmen and criminals that has remained in the shadows ever since.
The Origins of the World Trade Centre Attack
Most historians track the history of September 11th to 1998 when Osama Bin
Laden declared a fatwa or jihad against the U.S., and the terrorist
â€Ĺ“Hamburg Group†led by Mohammed Atta reportedly â€Ĺ“offered†it’s
services to Al Qaeda. However, the history which defines the motives for the
September 11 attacks goes much further back. The answers to the questions
surrounding the cause of the WTC attack will be found in events during the
presidency of George H.W. Bush and earlier. Insight into the activities of
that period are cloaked by the Executive Order of George H.W. Bush’s son,
President George W. Bush, who on November 1, 2001 issued Executive Order
13233. As a result public records which might have shed light on the
activities of 1990 and 1991 remain shielded from public access. Consequently
the reconstruction of events from the late 1980s and early 1990s is based on
news reports, books and articles.
What the public record suggests is that with the beginning of the first Bush
Presidency in 1989, George H.W. Bush initiated a programme of covert economic
warfare to bring about the collapse of the Soviet Union. The name of this
programme appears to be Project Hammer - a multi-billion dollar covert
operation, whose investments remain shielded.
There is reason to believe that the plan was initially formulated by
Reagan’s CIA Director, William Casey. Many of the programme operatives were
probably engaged through official CIA and National Security channels.
However, as a result of the experience gained by the Bush cabinet and its
private sector counterparts during the secretive Iran-Contra and Ferdinand
Marcos gold operations, the execution of that programme would be accompanied
by a new assumption that the use of covert and illegal funding for a policy
not approved by Congress would remain acceptable.
The Source of the Funds
Numerous sources have documented that at the end of World War II, the
treasury of the Japanese Empire was discovered in the Philippines by Edward
Lansdale a member of the staff of General Charles Willoughby, who was General
MacArthur’s chief of Intelligence. Lansdale and Severino Garcia Diaz Santa
Romana tortured Major Kojima Kashii, General Yamashita Tomoyuki’s driver,
until he revealed the sites of the gold. Then known as the "Golden Lily
Treasure", this mass of wealth had been accumulated by the Japanese over
fifty years from the pillaging of Southeast Asia and China by its army and
had been deposited in the Philippines due to the U.S. submarine blockade of
Japan. Reports vary, but documents in the public domain suggest the recovered
treasure was in excess of 280,000 metric tonnes of gold.
Lansdale briefed Assistant Secretary of War John J. McCloy about the
findings, and a U.S. Cabinet-level decision was made to confiscate the gold
and cover-up its discovery. The gold would be added to the Black Eagle Trust
fund which took its name from the Nazi Black Eagle stamped on the gold bars
confiscated from the Reich and was the original source of funding for the
trust. Over the years, the significance of the Nazi gold would pale in
comparison to the confiscated Japanese treasure. As the fund grew, it was
distributed in private accounts across the globe in over 100 banks, and
administered by General Earle Cocke.
Lansdale and Santa Romana were made responsible for recovery of the treasure.
They fabricated a â€Ĺ“Communist Revolution†by the Hukbalahak rebels in
order to confiscate the land where much of the gold was buried, and proceeded
to mine it.
The Yamashita gold would become the cornerstone of the Black Eagle Fund, from
which many covert operations of the U.S. intelligence would be funded. Under
international law the gold should have been either returned to the countries
from which it was stolen (as was done with the Nazi gold), or should have
been incorporated into the U.S. Treasury. The U.S. Government’s continued
efforts to stifle news on this matter provides prima facie evidence that the
confiscation of this gold was illegal.
The men responsible for initiating and executing the confiscation of Nazi and
Japanese treasury gold represent the most senior Intelligence officers in the
U.S. and Britain at the end of World War II, and the Cabinet of the President
of the United States. The financial institutions represented by these
individuals would become the major financial banks in the world, along with
the Swiss-German banks where they hid their gold.
Lansdale’s operation in the Philippines gave birth to most of the common
features of modern covert operations for the U.S.Intelligence and initiated a
bond between the US intelligence organizations and the Israeli intelligence.
He also set precedents for the Intelligence community to retain the services
of organized crime on U.S. soil and to use drug running as a way of financing
activities,
The covert operations funded by the Black Eagle Trust in the 1960s and 1970s
became visible stains on the global image of the U.S. despite all efforts to
keep them under cover. In an effort to clean house, President Jimmy Carter
would order the retirement of over 800 covert operatives. Many of these
operatives would move into private consulting and security firms and be
employed as subcontractors for covert operations. Thus began a loose
association of private operatives that would be referred to as â€Ĺ“the
Enterprise†in the years to come. George H.W. Bush, having been CIA
Director, had many acquaintances in this group, and would work with them to
restore their influence and control over U.S. foreign policy and the foreign
investment opportunities it created for their benefit.
Meantime Ferdinand Marcos, the pro-U.S. dictator of the Philippines,
continued to discover even more of the buried treasure. and had started to
sell it on the market during the 1970s with the assistance of Adnan
Khashoggi. US Intelligence operations had been siphoning off the gold for
three decades. However in 1986 Vice President George Bush took over the gold
from Marcos and the gold was removed to a series of banks, notably Citibank,
Chase Manhattan, Hong Kong Shanghai Banking Corporation, UBS and Banker’s
Trust, and held in a depository in Kloten Switzerland. What happened to the
Marcos gold after it was confiscated by U.S. agents in 1986 has never been
reported, but throughout the early 1990s, the world gold market would be
befuddled by the mysterious appearance of thousands of tonnes of gold which
appeared to suppress the price of gold.
In South east Asia operations were financed through Nugan Hand Bank in
Australia which would be one of the many banks used for transferring the
Marcos gold from the Philippines into covert operations. Frank Nugan’s
family ran the primary supply shipping operation between the U.S. Navy base
in the Philippines and Australia. Frank Nugan's business partner, Peter
Abeles, and Henry Keswick, together with Canadian businessman Peter Munk,
would link with Adnan Kashoggi, Sheikh Kamal and Edgar Bronfmann in a series
of operations which ultimately would evolve into Barrick Gold.
In 1992, George H.W. Bush served on the Advisory Board of Barrick Gold. The
Barrick operation would create billions of dollars of paper gold by creating
‘gold derivatives’. A major distribution channel for the sale of
Barrick’s gold futures would be Enron. Enron would also become the vehicle
by which oil and gas contracts from the former Soviet Union (vehicles for
Soviet money-laundering) were processed. Barrick, which has no mining
operations in Europe, used two refineries in Switzerland: MKS Finance S.A.
and Argor-Heraeus S.A. – both on the Italian border near Milan, a few hours
away from the gold depository in Zurich. The question that Barrick and other
banks needed to avoid answering is: what gold was Barrick refining in
Switzerland, as they have no mines in that region?
Barrick would become a quiet gold producing partner for a number of major
banks, and its activities became subject to an FBI investigation into
gold-price-fixing. The records on this investigation were kept in the FBI
office on the 23rd floor of the North Tower which was destroyed by bomb
blasts shortly before the Tower collapsed. The ultimate destination of the
"Golden Lily Treasure", and the source of the ‘loaned’ gold that flooded
the market for 10 years has never been officially explained.
The records of many of those transactions disappeared when Enron collapsed
and the trading operation and all its records were taken over by UBS, another
major recipient of Marcos gold. The FBI was reportedly conducting an
investigation into those transactions, and the investigation files were kept
on the 23rd floor of the North Tower of the WTC. A review of the personal
accounts of September 11 now suggests that office was deliberately targeted
with explosives prior to the collapse of the WTC.
Another key player in the Marcos gold was Banker’s Trust, which was taken
over by Alex Brown & Sons, after Banker’s Trust floundered financially on
its Russian loans in the mid 1990s. These Russian loans were facilitated by
Enron, starting in August of 1993, and very possibly were part of the Project
Hammer takeover of Soviet industry.
Amongst those brought into the picture by the involvement of Alex Brown was
J. Carter Beese who was Executive Director of the CIA at the time of
September 11. He was appointed by George H.W. Bush to the board of directors
of the Overseas Private Investment Corporation in 1992. Since 1992, OPIC has
provided more than $4.5 billion in finance and insurance to more than 140
projects in Russia. He was also Chairman of Riggs Bank and also President of
Riggs Capital Partners. Riggs controlled the famous Riggs-Valmet consultants
who set up the international financial apparatus for the Russian oligarchs
and rogue KGB allowing them to steal the Soviet treasury and destroy the
Russian economy. Carter Beese’s death was reported as a suicide in 2006.
It appears that in September 1991, George H.W. Bush and Alan Greenspan did
indeed finance $240 billion in bonds in a buy-out of the Soviet Union as part
of a broader programme to attack the economy of the Soviet Union. In addition
President George H.W. Bush had initiated a number of related covert
operations to take over certain sectors of the Soviet economy,
The covert business dealings with the Iranians and Israelis which originated
with Kashoggi and Kimche in July 1980 in Hamburg under the October Surprise
arrangement, would provide an opening to the Soviet KGB that would allow the
U.S. to fund a coup against Gorbachev in 1991. It would grow into a larger
covert operation over the years, and be overshadowed by the larger
Iran-Contra operation. Members of Bush’s covert intelligence cadre sold
weapons to Iran, an avowed enemy of the U.S., and illegally used the profits
to continue funding anti-Communist rebels, the Contras, in Nicaragua.
The entire Iran-Contra operation almost fell apart in 1986 and became public
when the Nicaraguan government shot down a U.S. plane carrying weapons to the
Contra rebels However the Iran-Contra team continued to violate the law even
while being investigated by Congress.
Emboldened by the lack of consequences for subverting the U.S. constitution
and breaking international law during the Iran-Contra scandal, the Bush
administration group known as â€Ĺ“the Vulcans†planned a bigger drive to
crush Soviet Russia.
The programme also seems to have lined the pockets of the individuals that
executed this policy, at US taxpayer expense. This was done to the tune of
the $240 billion dollars in covert and allegedly illegal bonds, which appear
to have been replaced with Treasury notes backed by U.S. taxpayers in the
aftermath of September 11.
The Vulcan’s Covert Economic War on the Soviet Union
In 1988, Riggs Bank, under the direction of Jonathan Bush and J Carter Beese,
would purchase controlling interest in a Swiss company named Valmet. In early
1989, the new subsidiary of Riggs called Riggs-Valmet would initiate contact
with a group of KGB officers and their front-men to start setting up an
international network for moving money out of the former Soviet block
countries.
In the first phase of the economic attack on the Soviet Union, George Bush
authorized Leo Wanta and others to destabilize the ruble and facilitate the
theft of the Soviet/Russian treasury. This would result in draining the
Russian treasury of between 2,000 to 3,000 tonnes of gold bullion, ($35
billion at the time). This step would prevent a monetary defence of the ruble
and thus destabilize the currency. The gold was ‘stolen’ in March of
1991, facilitated by Leo Wanta and signed off by Boris Yeltsin’s right hand
man. The majority of the leaked reports from the CIA and FBI suggest the
theft of the Russian treasury was a KGB and Communist party operation, but
what those reports omitted was the extensive involvement of Boris Yeltsin,
the U.S. CIA and the U.S. banking industry.
In November 1989 George H.W. Bush appears to have arranged for Alton G. Keel
Jr, a minor player in the Iran-Contra scandal to go to work at Riggs Bank,
which would become the controlling owner of a small Swiss bank operation
known as Valmet. The Riggs-Valmet operation, would become the
‘consultants’ to the World Bank and to several KGB front operations run
by future Russian oligarchs Khordokovsky, Konanykhine, Berezovsky and
Abromovich. These soon-to-be Russian oligarchs had been set-up as front men
by KGB Generals Aleksey (Alexei) Kondaurov; and Fillipp Bobkov, who
previously reported to Victor Cherbrikov, who worked with Robert Maxwell, a
British financial mogul, an Israeli secret service agent, and a
representative of U.S. intelligence interests, who had been introduced to
George Bush in 1976 by Senator Tower for the sole purpose of using Maxwell as
an intermediary between Bush and the Soviet Intelligence. Maxwell assisted
Cherbrikov in selling military weaponry to Iran and the Nicaraguan Contras
during the course of the Iran Contra deals, and made hundreds of millions of
dollars available to Cherbrikov’s Russian banks. These two would bring a
previously unknown politician and construction foreman named Boris Yeltsin
from the hinterlands of Russia to the forefront of Russian politics through
providing 50% of Yeltsin’s campaign funding.
In the second phase, there were two major operations: the largest was
coordinated by Alan Greenspan, Oliver North, and implemented by Leo Wanta.
George Soros and a group of Bush appointees who began to destabilize the
ruble. They are accused of fronting $240 billion in covert securities to
support the various aspects of this plan.These bonds were created (in part or
in whole) from a secretive Durham Trust, managed by ex-OSS/CIA officer,
Colonel Russell Hermann. This war chest had been created with the Marcos
gold.
Shortly before the attempted coup of 1991, Maxwell met Kruchkov on
Maxwell’s private yacht. Shortly afterwards, Maxwell died mysteriously on
his yacht while Senator Tower died in a plane crash under suspicious
circumstances in April of 1991.
In the meantime, Riggs Bank was quickly solidifying banking relations with
two of the old Iran-Contra scandal participants: Swiss bankers Bruce
Rappaport, and Alfred Hartmann. Through this group George Soros opened a
second front assault on the ruble. It is at this stage of the operation that
three more groups would be brought into the plan by Rappaport and Hartmann:
The Russian Mafiya, the Israeli Mossad, and the Rothschild family interests
represented by Jacob Rothschild.
Soros and Rappaport would ensure that the Rothschild financial interests
would be the silent backers for a number of the undisclosed deals. The
Rothschild interests would also be seen on the board of directors of Barrick
Gold.
In the fourth phase of the secret war, the Enterprise worked on several
fronts to take over key energy industries. On the Caspian front of this
economic war, James Giffen was sent to Kazakhstan to work with President
Nazarbayev in various legal and illegal efforts to gain control of what was
estimated to be the world’s largest untapped oil reserves - Kazak oil in
the Caspian. The illegal flow of money from the various oil companies would
reach a number of banks. These same oil interests would engage March Rich and
the Israeli Eisenberg Group, owned by one of the Mossad’s key operatives,
Shaul Eisenberg, to move the oil. (The Eisenberg Group would at some point
own almost 50% of Zim Shipping, which mysteriously and inexplicably moved out
of the World Trade Center a few weeks before the September 11 attacks.)
Like the other events linked with Project Hammer, the coup was all about the
money. The coup began the dissolution of the Soviet Union and the beginning
of the reign of Boris Yeltsin and his ‘family’ of Russian Mafiya
Oligarchs, and President Nursultan Nazarbayev of Kazakhstan. In the final
phase, a series of operatives assigned by President George H.W. Bush would
begin the takeover of prized Russian and CIS industrial assets in oil, metals
and defence. This was done by financing and managing the money-laundering for
the Russian oligarchs through the Bank of New York, AEB and Riggs Bank.
A closer look at other activities leading up to these phases makes it clear
that is was a U.S. orchestrated intelligence effort from the beginning. The
economic war involved Gerald Corrigan of the NY Federal Reserve Bank, George
Soros, an international currency speculator who was responsible for crashing
the British pound a few years earlier, former Ambassador to Germany R. Mark
Palmer, and Ronald Lauder-financier and heir to the Estee Lauder estate.
Palmer and Lauder would lead a group of American investors in an Operation
called the Central European Development Corporation, and combine forces with
George Soros and the NM Rothschild Continuation Trust. This group ending up
controlling Gazprom, the Russian natural gas giant, while the Riggs group
ended up controlling Yukos, the oil giant. Ownership for both remains largely
‘hidden’ today, while its front men endure the hardships of the Russian
wrath by spending time in prison.
Meanwhile, across the Caspian Sea, Bush had assigned a wide array of former
Iran-Contra operatives to take a role in Azerbaijan. Initially, he sent in
the covert operatives Richard Armitage and Richard Secord who worked with
their old colleague from the Mossad, David Kimche, and their old arms running
colleagues Adnan Kashoggi and Farhad Azima to hire, transport, and train
several thousand Al Qaeda mercenaries to fight on behalf of the Azeri freedom
fighters! Osama Bin Laden was reported to have been part of this mercenary
force.
The September 11th Cover-up of the Black Eagle Trust and Project Hammer
Ten years later in 2001, these programmes had finally come back to haunt the
U.S. policy makers. Most, if not all of these programmes appear to have
stepped outside of the boundaries of the law. As a result, investigative
agencies from Britain, Switzerland, Russia, Kazakhstan and the Philippines
were putting pressure on Congress and the U.S. Department of Justice to open
up the accounts in the banks used to finance these covert activities.
Pressure was being put on the Swiss banking cartel to open its bullion
records to public scrutiny. Full disclosure by these banks during an
investigation would have resulted in a major exposure of U.S. Government
complicity in some of the greatest financial frauds of the 1980s and early
1990s as well as 50 years of gold bullion theft by numerous U.S. and British
government agencies. Moreover, investigation into these accounts would
disclose a National Security secret known as the Black Eagle fund, and
virtually every covert operation since World War II. Bringing an end to these
investigations and preventing this disclosure was the sole objective for the
destruction of the WTC and Pentagon.
These investigative and legal pressures began to accumulate in 1997, and in
February 1998, Osama Bin Laden declared his fatwa, and Atta started planning
the September 11 attacks.
With the bonds out in the market, they had sat for ten years, like a ticking
time bomb. At some point, they had to be settled - or cashed in, on September
12, 2001. The two firms in the U.S. most likely to be handling them would be
Cantor Fitzgerald and Eurobrokers – the two largest government securities
firms in the U.S. The federal agency mostly involved in investigating those
transactions was the Office of Naval Intelligence. On September 11 those same
three organizations: the two largest government securities brokers and the
Office of Naval Intelligence in the US took near direct hits.
What happened inside the buildings of the World Trade on September 11 is
difficult, but not impossible to discern. The government has put a seal on
the testimony gathered by the investigating 911 Commission, and instructed
government employees to not speak on the matter or suffer severe penalties,
but there are a number of personal testimonies posted on the internet as to
what happened in those buildings that day. Careful reconstruction from those
testimonies indicates the deliberate destruction of evidence not only by a
targeted assault on the buildings, but also by targeted fires and explosions.
In the event that either the hijacking failed, or the buildings were not
brought down, the evidence would be destroyed by fires.
Even more revealing would be the actions of the Federal Reserve Bank and the
Securities and Exchange Commission on that day, and in the immediate
aftermath. As one of many coincidences on September 11, the Federal Reserve
Bank was operating its information system from its remote back-up site rather
than it’s downtown headquarters. The SEC and Federal Reserve system
remained unfazed by the attack on September 11. All of their systems
continued to operate. The two major security trading firms had their trade
data backed up on remote systems. Nevertheless, the Commission for the first
time invoked its emergency powers under Securities Exchange Act Section 12(k)
and issued several orders to ease certain regulatory restrictions
temporarily.
On the first day of the crisis, the SEC lifted â€Ĺ“Rule 15c3-3 -Customer
Protection--Reserves and Custody of Securities,†which set trading rules
for the certain processes. Simply GSCC was allowed to substitute securities
for the physical securities destroyed during the attack.
Subsequent to that ruling, the GSCC issued another memo expanding blind
broker settlements. A â€Ĺ“blind broker†is a mechanism for inter-dealer
transactions that maintains the anonymity of both parties to the trade. The
broker serves as the agent to the principals' transactions.
Thus the Federal Reserve and its GSCC had created a settlement environment
totally void of controls and reporting – where it could substitute valid,
new government securities for the mature, illegal securities, and not have to
record where the bad securities came from, or where the new securities went
– all because the paper for the primary brokers for US securities had been
eliminated.
This act alone, however was inadequate to resolve the problem, because the
Federal Reserve did not have enough â€Ĺ“takers†of the new 10 year notes.
Rather than simply having to match buy and sell orders, which was the essence
of resolving the â€Ĺ“fail†problem, it appears the Fed was doing more than
just matching and balancing – it was pushing new notes on the market with a
special auction.
If the Federal Reserve had to cover-up the clearance of $240 Billion in
covert securities, they could not let the volume of capital shrink by that
much in the time of a monetary crisis. They would have had to push excess
liquidity into the market, and then phase it out for a soft landing, which is
exactly what appears to have happened. In about two months, the money supply
was back to where it was prior to 9/11.
It was the rapid rotation of the securities settlement fails in the aftermath
of September 11th that appears to have allowed the Bank of New York and the
Federal Reserve to engage in a securities refinancing that resulted in the
American taxpayer refinancing the $240 billion originally used for the Great
Ruble Scam.
The reports published by the Federal Reserve argue that the Federal
Reserve’s actions increasing the monetary supply by over $300 billion were
justified to overcome operational difficulties in the financial sector.
What appears to be the case is that the Federal Reserve imbalances reported
on three consecutive days in the aftermath were largely concentrated at the
Bank of New York, which is reported to represent over 90% of the imbalance,
suggesting the Bank had been the recipient of massive fund transfers, and
unable to send out transfers.This supposedly was due to major communication
and system failures.In fact, none of the Bank of New York's systems failed or
went non-operational.
The Wall Street Journal reported:
"There is every reason to believe activities in the Bank of New York in
the aftermath of September 11th are worthy of suspicion..... At one point
during the week after September 11, the Bank of New York publicly reported to
be overdue on $100 billion in payments.â€
It suggests that certain key unknown figures in the Federal Reserve may have
been in collusion with key unknown figures at the Bank of New York to create
a situation where $240 billion in off balance sheet securities created in
1991 as part of an official covert operation to overthrow the Soviet Union,
could be cleared without publicly acknowledging their existence.These
securities, originally managed by Cantor Fitzgerald, were cleared and settled
in the aftermath of September 11th through the Bank of New York. The $100
billion account balance bubble reported by the Wall Street Journal as being
experienced by the Bank of New York was the tip of a three-day operation,
when these securities were moved from off-balance-sheet to the balance sheet.
The above gives an idea of the intricate activities both to perpetrate and
then to cover the crime, which was then used under its "terrorist attack"
label as an excuse for the attack on Iraq.
(The above answers the question "Why 9/11?". For how it was done.
Source: https://www.stratfor.com/campaign/special_offer_mauldin_readers
https://wikileaks.org/gifiles/docs/20/207972_-analytical-and-intelligence-comments-it-suggests-that.html://wikileaks.org/gifiles/docs/20/207972_-analytical-and-intelligence-comments-it-suggests-that.html
