15 votes

Fed Inflates Itself Beyond "Alice in Wonderland"$2 Quadrillion

DTCC peak transaction flow appeared 2007, when we all heard that, "Giant sucking sound." Ross Perot warned us. Disappeared 1/2 our economy.

  • 2005. $1.4 Quadrillion
  • 2006 $1.5 quadrillion
  • 2007. $1.8 Quadrillion
  • 2008. $1.88 Quadrillion [During the Great Recession, ]
  • 2009. $1.48 Quadrillion [they somehow managed to eek by.]
  • 2010. $1.66 Quadrillion
  • 2011. $1.7 Quadrillion

"Legal Tender" Laundry Operation Center: DTCC, 55 Water Street, Manhattan NY:

The Depository Trust & Clearing Corporation (DTCC), through its subsidiaries, provides clearing, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with their distribution networks. DTCC's depository provides custody and asset servicing for 3.6 million securities issues from the United States and 121 other countries and territories, valued at almost $34 trillion. In 2010, DTCC settled more than $1.66 quadrillion in securities transactions. Insurance & Retirement Services (I&RS) is the DTCC division that processes annuity and insurance transactions. I&RS is the central messaging connection for annuity and life insurance transactions, enabling insurance companies to provide broker/dealers with daily financial transaction information. It processes approximately 150 million transactions each month.

New York, March 25, 2008 - The Depository Trust & Clearing Corporation (DTCC) announced today it cleared and settled more than $1.86 quadrillion in securities transactions in 2007.

Funny Money Put Us Out of Work.

  1. The Federal Reserve: a Untied State Corporation
    • Created in the dark of night.
    • Twas the night before Christmas Eve, 1913.
    • Creates and passes out US Legal Tender (not money).
    • Cotton and paper $ Dollars (aka: "elastic"):
      • US Legal Tender made out of cotton and paper, since 1913.
      • Federal Reserve Note printing costs are approximately 4 cents per note. $1, $5, $10, $20, $50, or $100 each cost the same to print: 4 cents.
      • Paper & cotton being phased out.
      • 1 & 0 is are a proxy for dollars (e.g.: credit cards; automatic payments)
    • Gifted at printing cost from the US Treasury to the Private "Federal Reserve" since 1913.
    • Private "Federal Reserve" uses that gift to buy US Treasury Bonds at full face value, since 1913.
    • "$16 Trillion Dollar National Debt" math:
      • (Dollar gifts 100 years
      • + Interest
      • - ("Blood, Sweat and Tears" payments)
      • = $16 Trillion Dollar Total
      • "Out of Thin Air." Musses Dr Ron Paul...
    • Then, they make you believe we must pay them principal and interest on their loans.
    • 14th Amendment states you may not question "National Debt."

      Section. 4. The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned

      http://caselaw.lp.findlaw.com/data/constitution/amendment14/

    • Several $ Trillions created last year.
    • Much of it given to their friends here and abroad.
    • They work for themselves.
    • Reported $54 Billion profit, 2009. Fantasy!
    • Nearly all countries now harbor a Central Bank run by private, secretive bankers.
    • Private corporation.
    • Monopoly.
    • Created 1913.
    • They are the Fed.
  2. Depository Trust Clearing Corp. (DTCC.COM):
    • Approx. $2 Quadrillion annual cash flow.
    • Seriously? Where is mine?
    • $1.8 Quadrillion was posted YE 2008.
    • Near that for YE 2009.
    • Most financial securities payment transactions required by law to use them (estimate 99%).
    • Records who did what to whom with money.
    • Follow the money by investigating their records.
    • What could you do if you knew almost every financial transaction in the US?
    • What could you do with cash flow of $2 Quadrillion?
    • Private corporation.
    • Monopoly.
    • They work for the Fed.
  3. CEDE Corp.
    • They own your paper assets.
    • $23 Trillion in assets. Pretty much all US based paper assets are owned by them.
    • CEDE is the "Owner of Record."
    • You are junior "Owner of Benefit"
    • You hold rights to trade and cash dividends.
    • Sellers and buyers both use CEDE.
    • CEDE reserves the right to loan what you thought were your assets, for their benefit.
    • CEDE ownership persists when buyer uses CEDE to hold securities.
    • CEDE eliminated most of the paper stock and bonds certificates.
    • All ones and zeroes now.
    • CEDE owned by the Depository Trust (DTCC.com).
    • Private corporation.
    • Monopoly.
    • They work for the Fed.
  4. Internal Rev. Service (IRS):
    • $2 Trillion annual tax haul.
    • $1 Trillion Income Tax + $1 Trillion Payroll Tax.
    • They service the National Debt.
    • The US National Debt is owed to the US Fed.
    • Some held by foreigners and citizens in the form of US Treasury Bonds.
    • IRS believes in the Income Tax, 16th Amendment, 1913. Not ratified.
    • IRS believes in the Direct Election of US Senators, 17th Amendment, 1913. Not ratified.
    • Perhaps other fairy tales too!
    • See, "The Law That Never Was" US Congress and State Archive Investigation and Litigation by Benson, Kidd, and many others.The Law that Never Was...
      http://www.TheLawThatNeverWas.com/new/theman.asp
      Devvy Kidd: Constitutional Amendment Archive Research:
      http://www.Devvy.com
    • Chartered and run out of Puerto Rico.
    • IRS US Division, Branch Office, Delaware.
    • Private corporation.
    • Monopoly.
    • Created 1913.
    • They work for the Fed.

See: "Freedom to Fascism" book and video by Aaron Russo (famous Movie Producer, produced "The Rose" with Bette Midler).

Book: http://www.amazon.com/America-Freedom-Fascism-Michael-Ruppert ...

Video (gets deleted a lot, but pops up frequently):
http://video.google.com/videoplay?docid=-1656880303867390173

Learn more at sites such as:
http://www.MarketSkeptics.com
http://www.SilverBearCafe.com
http://www.Devvy.com

====================================================

Why audit the Fed? Let US just buy the Fed.

  • Federal Serve Act, 1913, purchase price is less than $500 M or $1 B.
  • Then US Citizens would own it.
  • We could return money creation to the US Treasury.
  • We could create sound money anytime necessary.
  • Mentioned in Aaron Russo's documentary cited above.
  • Audit the Fed? Where do you find honest bank auditors?
  • Just buy 'em out.
  • "End the Fed" by Ron Paul.

====================================================



Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Boy that really puts it all

Boy that really puts it all in perspective!

It's cheap to do and you can

It's cheap to do and you can do it too. Just get out a magic marker and add a zero to all your bills.

Something Something music ending for all this
http://www.youtube.com/watch?v=_hZrXdJ-ibo

'XX' You need a US Agent & a witness. A double croos note.

    Ms Rosie Rios, US Treasurer signs US Fed notes as our agent. Our "Debtor-in-Chief."

    Hank, the "X marks the spot", Paulson signed as the bank witness. In fact, he was honored w/ the noble privilege of signing our Fed Note paper-money... promissory notes... as the X-Secretary-of-Treasury into his... is it his 3rd year out of office? Finally, Turbo Timmy, "Tax Cheat-in-Chief" ascended to the rank of Duke. Now Timmy, in what well may be his only year to sign as a witness as to the authenticity of each Fed Note... National Debt receipt.
    BAILOUT SECRETS - How Hank Paulson Guaranteed $2.4 TRILLION In Money Market Assets With A $50 Billion Bluff.

      Paulson's Money Market Bailout Had No Clothes...

      On Thursday September 18, 2008, with global stock and money markets descending in panic, Hold 'Em Hank Paulson announced an emergency program (bluff) to stabilize markets that would utilize a $50 billion fund, that was actually designated for another purpose, to guarantee $2.4 trillion in money-market mutual fund assets, or 99% of the U.S. total.

      Until yesterday, details of this $2.4 trillion bailout program were a closely-held secret, only made public through a FOIA request by finance professor Dr. Linus Wilson. Wilson's reveal illustrates a point we have made repeatedly regarding bailouts and various federal banking guarantees:

      At their core, most are rubbish. Little more than words and secret prayer sessions by central bankers. In this case, the last we checked, $50 billion is exactly 2.08% of $2.4 trillion.

      Put another way, Paulson was using X to guarantee 48X in assets.

    Extra credit: Is a "Hank Paulson" signature on Fed Notes years after his departure from government service X-Post-Facto? Factor-Post-X? Is his signature more than a collector's item? What is the worth of a bank note w/o a proper witness?

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Informative post.

Informative post.

Cyril's picture

Double Wow...

Double Wow...

... you ACTUALLY meant that... buying them.

Something I have to ponder !

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

Wow. Thank You, Mark Twain !

Wow.

Thank You, Mark Twain !

The essential is there, it seems. "Pleasant" to read ... if I dare say.

Let us "buy them" ? That's where I got lost ...

I know we have to end it (the Fed), but I didn't understand your last hint about that.

Looking forward to read more in this thread ! Catching up with the previous comments, now...

P.S.
for people for whom figures speak more than words :

13 trillion (e.g., U.S. debt) : 1 3 , 0 0 0 , 0 0 0 , 0 0 0 , 0 0 0

2 quadrillion (e.g., DTCC flows) : 2 , 0 0 0 , 0 0 0 , 0 0 0 , 0 0 0 , 0 0 0

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

ecorob's picture

the clearest and most concise...

explanation i've seen yet

full of trusted info...i'll copy and paste, thanks

its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!
9/11 Truth.

"Alice in Wonderland" in Shock!

Update

New information learned in the last few months. Monopoly Players are the same.

Monopoly Game, Parker Brothers, 1933.

Monopoly Game made to teach money and banking. Schools dare not teach. JP Morgan was the model for the cartoon banker imp. Each square on the board has a sorted tale. Some of which I have documented for our DailyPaul.

Made this forum more readable. Added comments & links to find supportive evidence. For example: The 14th Amendment states you "shall not question." Beyond absurd!

Modern Banking "Fractional Reserve" is blatant "counterfeiting" per Dr Ron Paul and Mises (Mises.org).

"Financial Stabilization Act, 2008" removes "Fractional Reserve" requirement. Such a pesky rule. Leverage was over 200 : 1 at the FANNIE Mae & FREDDIE Mac twins (aka: FNM & FEE). Bank average "Fractional Reserve" was reportedly about 3% when even bankers lost faith in their own faith based currency.

Here is a link that will help you understand the farce of the current financial Un-Fixing. "Fractional Reserve" and the lack thereof...
http://MarketSkeptics.com

Most at DailyPaul don't notice, but this forum is often the #1 hit for Google & Yahoo for folks searching "Quadrillion."

A "Quadrillion" here and "Quadrillion" there... Pretty soon we are talking serious legal tender...

In times of trouble, take in a play. I wrote several.
http://www.mtwain.com/

One of my favorites written by someone else...
Don Quixote (1605) by Miguel de Cervantes
"To dream the impossible dream!" "This is my quest!"

Sincerely,

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

That is a really BIG NUMBER

I was looking at that in conjunction with obvious market manipulation and the unbelievable manipulation of gold and silver. All roads lead to the FED...The reason there is no audit has nothing to do with interfering with the markets, they are all manipulated. It's about the obviously massive fraud that's been and is being perpetrated. The fallout might be a plunge in the market, remember the 1,000 pt drop. Ordinary People STILL DO NOT UNDERSTAND the magnitude of this and the tidal wave that is the $QUADRILLIONS in derivatives. People only hear about this nonsense of the budget and the shortfall. These derivatives are an uncontrollable tidal wave. I honestly believe that precious metals are going to explode in price. That lid can't be clamped down, although they're trying desperately.

Just one last kick in the nuts, then a final deathblow

Just Finished Major Update. "Alice in Wonderland" in Shock!

Told Mr Teddy Roosevelt that he could not bail out failing banks. Not with taxpayer money! Just could not be done. We taxpayers didn't have enough money!

Wouldn't hear of it. He bailed out banks all over tar-nation. Took my money and that of my friends. Never saw him since. His exploits made the newspaper from time to time; but, by then I knew better.

As a result, I kept on working to make ends meet. Made the best of it. Glad folks enjoyed the adventures of my friends Huck, Tom, and the others.

Wouldn't be much of a tale if life were just a float down the Mississippi.

Sincerely,

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

The big problem with CEDE is that there is question that

what they are doing is legal at all. It seems they aren't really doing all the documentation they are supposed to be doing, so when you "bought" those securities, the person who sold them to you most likely didn't have the rights to do so.

It is a bigger mess than Enron.

When this pile-o-garbage finally collapses, this is going to be really ugly.

CEDE. So Few Know Of It. Let Alone Comprehend. $23 Trillion

You may well know more than me. Little is reported.

Seems when folks think they buy and sell paper assets in USA, CEDE ends up holding as owner. Common folks are relegated to beneficiary dividend recipients. They also can politely ask CEDE to sell.

99% of the time, ownership remains with CEDE. That is why none of the NY City bicycle messengers deliver stock certificates anymore.

All 1's and 0's now.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

I saw the buyout was a

I saw the buyout was a billion dollars.

There is no Left or Right -- there is only freedom or tyranny. Everything else is an illusion, an obfuscation to keep you confused and silent as the world burns around you." - Philip Brennan

"Invest only in things that you can stand in front of and pr

The Fed Buyout Reported as $1B Today on DailyPaul

Payable in the aforementioned faith based currency. Payable to those Robber Barrons in their own make-believe currency.

End the Fed!.. Audit Now!.. Audit Often!
Gold Held Hostage in Fort Knox
http://www.dailypaul.com/node/92815#comment-1434650

The Fed: Loaning you blind, since 1913.

Sincerely,

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Fed Buyout Reported as $1 B Today on DailyPaul

Hope someone tracks this down. Aaron Russo, Estace Mullins, and so many others reported. At any rate, it is a fixed amount. Not infinite like faith based currency.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Thumbs up

Thumbs up

reedr3v's picture

+

.

This was also cited in Aaron Russo's film



That the government could actually buy out the Federal Reserve for a mere $500M (set back in 1913), and then the U.S. Treasury could furnish money by itself without cost (Bank profits and debt-pyramid scheme) to the American public.

Why this was never done is a reflection of the criminal negligance of the U.S. Congress. They want the public to be looted! They see massive theft and go "fine with me".



Congress

is more than corrupt.

They are bribed, blackmailed, their families threatened, anything to get them to bow to the Money Power.

LibertyBaby You Are Correct. Aaron Russo Reported $500 Price

Fed can, by their own law, can be purchased for about $500 M.

Easier to come up w/ $500, then finding 500 honest bank auditors to audit any bank.

Just buy the Fed.

Or, as the Monopoly Game stated (about the Fed):
Go immediately to jail. Do not pass GO. Do not collect $500 Million.

By the way, fun trivia. The Parker Bros Monopoly game creator
made the game to poke fun at the Fed and JP Morgan (the banker imp in the "Chance" cards).

Thank you for keeping up the good fight. Liberty!

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

lol. I thought the banker imp

lol. I thought the banker imp was svelte JD Rockefeller.

Speaking of JD, you wouldn't happen to know if JD in the automotive award JD Power is John Davison (Rockefeller), would you? Just something I thought about.

School's fine. Just don't let it get in the way of thinking. -Me

Study nature, not books. -Walton Forest Dutton, MD, in his 1916 book whose subject is origin (therefore what all healing methods involve and count on), simple and powerful.

No. James David Power is the founder of JD Power.

F.A.Q.'s - Frequently Asked Questions about J.D. Power
www.jdpower.com/faq/faq.htm

What is J.D. Power and Associates?
J.D. Power and Associates, a business unit of The McGraw-Hill Companies, is well known for its global marketing information based on independent consumer surveys of product and service quality, customer satisfaction, and buyer behavior. Each year, the company interacts with millions of consumers to better understand their opinions, perceptions, and expectations about a variety of products and services in more than a dozen industries.

The company's services include customer satisfaction research, market research, social media research, and performance improvement programs.

Established in 1968 and headquartered in Westlake Village, California, the company has seven U.S. offices and international locations serving Canada, Europe, and the Asia Pacific region. On April 1, 2005, J.D. Power and Associates became a business unit of The McGraw-Hill Companies.
---

What is the connection between JDPower.com and J.D. Power and Associates? www.JDPower.com is owned and operated by J.D. Power and Associates. The vision for JDPower.com originated with the company's founder, J.D. Power, III, who wanted to provide consumers with highlights of the company's research to demonstrate to survey respondents that their input, via the company's questionnaires, makes a difference.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Thank you, Mr. Twain. *hat

Thank you, Mr. Twain. *hat dip*

School's fine. Just don't let it get in the way of thinking. -Me

Study nature, not books. -Walton Forest Dutton, MD, in his 1916 book whose subject is origin (therefore what all healing methods involve and count on), simple and powerful.