Thursday 22 April 2010

FBI Investigate Gold-in-Sacks

Once again, the latest and the greatest in scandal-mongering hot gossip from Anarchy Central’s 24/7 Truth & Rumour Mill – with dispatches hand forged and crafted into bespoke satire to tempt the palates of all budding nihilists and career revolutionaries who carry the immortal bloodline of the sons of Belial.

The gospel according to this morning’s Daily Shitraker claims the global financial crisis – and ensuing (ongoing) recession - was not just caused by the banksters’ greed, stupidity and colossal mismanagement but due to the new financial complexity offering up the opportunity for widespread, systemic fraud at every turn by the avaricious priests of Mamon.

Today’s announcement that the world's most infamous investment bank, the New York-based Gold-in-Sacks, is to face civil charges for fraud brought by the American regulator is but the latest of a series of investigations that have been launched, arrests made and criminal charges levelled against a legion of dodgy financial institutions and operators around the world.

The US Financial Services Authority, working hand-in-hand with the US Securities and Exchange Commission, has charged Gold-in-Sacks with misleading investors in a 2007 ‘synthetic collateral debt obligation’ known to canny banksters as Abacus – and to the rest of the common or garden peasantry as a ‘deceptive crock of shit’.

Well, what the phuck can we expect while the spectre of a privately-owned Federal Reserve and the mathematical madness of a ‘fractional reserve’ banking system of ‘times x ten’ (minimum) hangs over our heads like a toxic radioactive cloud with a half life of several generations and the stench of insolvency at every turn.

The financial meltdown wasn't a mistake – it was a well-planned con’ job undertaken by the self-same embezzlers who not only got their sad arses bailed out by the taxpayers but have further purloined the national gold reserves from Fort Knox and replaced the 99.99% AU ingots with gold-plated tungsten billets.

Concealed behind the complexities of our fucked up financial system where the Bank of England – just like all other global Central Banks – is privately owned – lock, stock and barrell - by the ilk of the Rothshite Kikesters who have even connived the audacious right to print our sovereign and sterling currency – and controlled for the benefit of the few and to the detriment of the many.

Yep, our Old Lady of Threadneedle Street has been a Masonic Kikester whore since her actual creation in 1672, courtesy of that most inept Stuart king – Charles II. During the first half of the seventeenth century, banking in England was mainly in the hands of the goldsmiths who, in the course of business, made whopping great loans to the wastrel spendthrift Crown.

However, in 1672 the suspension of payments by Charles II brought about a wave of bankruptcies and the call for a public bank. It was the young Scottish financier William Paterson who, backed by a powerful City group of Freemasons and Jewish moneylenders, proposed the loan of over one million pounds to a Government which by then had become increasingly desperate for funds to continue their asinine war against the foul and most foreign French.

In return Paterson’s subscribers would be incorporated as the Governor and Company of the Bank of England – with the licensed right to print and control the nation’s currency and gold reserves.

These insidious kikesters are akin to the Japanese Kuromaku – the unseen men manipulating events from behind the black curtain used in Kabuki theatre - to obscure the visual cacophony of frantic – and in this case illegal - backstage activities.

Hence, Big Finance turns out to be no more than a blatant display of Big Fraud. However, long-suffering Britain, the centre of the world financial system, has not yet levelled charges against any bank, with the worst to date being the whispered allegation that a high-level insider trading ring embarrassingly involves a bankster advising the government, who played his part in the deployment of vast political lobbying power and money to create the relaxed regulatory environment in which all this financial legerdemain could take place.

Thus it is doubtful we shall see any of these erring banksters pilloried while the likes of career criminal Lord Peter Scandalson (aka Vermin in Ermine) is the usless Gordon Broon’s Business Secretary - and comfortably ensconced - both-feet-in-bed - with the Rothshite kikester clan.

Regardless, beneath the Kabbalistic complexity, the charges are all rooted in the same phenomenon – deception – by conspiring to conjure schemes to enrich favoured investors – and themselves personally - at the expense of others – including, via the Royal Bank of Scumland, the British taxpayer - with auditors and accounts such as Ernst and Young and the British firm of Linklaters both lying through their teeth concerning the probity of the dodgy balance sheets and the fact that Lehman’s Repo 105’s were genuine profitable trades and not the bank’s own in-house debt mule liabilities.

Then we have the legions of dodgy lawyers, auditors, accountants, credit rating agencies, "portfolio selection agents," etc et al sanctifying and approving the credit default swaps that had been deliberately created as an asset class by the big investment banks to allow hedge funds to speculate against collateralised debt obligations.

To wit, the gospel according to Lloyd Blankfein, the beleaugered CEO of Gold-in-Sacks, stated, perhaps semi-ironically, that his bank was doing ‘God's work’. Now, how’s that for a display of unqualified arrogance – even if he does worship Mamon.

Crisis chronology:

September 2007: Funding problems at the Northern Crock of Shit triggers the first run on a British bank. After going tits-up in a Busby Berkeley spectacular fashion it is nationalised in February 2008 – with taxpayers bread.

April 2008: Bear Stearns faces bankruptcy after an engineered run on the company wipes out their Micawberish nickle and dime 'fractional' cash reserves in less than two days. Backed by the Zionist Kikester-owned Federal Reserve, JP Morgan buys up shares at far below market value – as planned.

September 2008: Scumberg Brothers files for Chapter 11 bankruptcy protection, becoming the first major bank to collapse since the last major bank collapsed.

December 2008: Career shyster Bernie Greedoff arrested for operating the largest Ponzi scheme in history - with one hedge fund actually comprised of no more than several donkey-chewed stands of privet and a large pile of compostable cuttings.

January 2009: The Rothshite-controlled Bank of England launches a £200 zillion quid programme of quantitative easing – pumping money it has created ex nihilo (out of nothing) into the economy – at interest, of course.

March 2010 Former chairman of Anglo Irish Bank Sean Fitzpatrick is arrested in Dublin after failing to disclose details of loans worth zillions from the bank and getting his sticky fat fingers caught in the cash register drawer.

April 2010: Former zillionaire directors of Northern Crock, David Baker and Richard Barclay, are fined £504,000 and £140,000 respectively for deliberately telling porky pies to audit analysts prior to nationalisation.

April 2010: The US Securities and Exchange Commission accuses Gold-in-Sacks of "defrauding investors by telling an even bigger bunch of porkies.

April 2010: Baron Jakob Rothshite’s wallet bursts while on a visit to Tel Aviv, killing and injuring scores of greedy bystanders.

Allergy warning: This article was written in a kikester-infested area and may contain traces of rampant avarice.

Thought for the day: What shall it profit a man if he gain the whole world and yet lose his own soul?

Second thought for the day: Has anyone taken note of the fact that the shit-or-bust Icelandic banks have taken their timely revenge for the economic mayhem and havoc foisted on them by the Kikesters by financially crippling the European air travel industry in setting off the Mount Whatafuckup volcano and covering the EUSSR zone with sulphur-ridden ash clouds.

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