Tom Heneghan updates

EXPLOSIVE BREAKING NEWS: Deleveraging Escalates--Part 1 of 2

Deleveraging Escalates, 1of2
by Tom Heneghan, International Intelligence ExpertSunday July 29, 2012

U.S. Treasury Secretary Timothy Geithner
pic dealbreaker com

UNITED STATES of America - It can now be reported that massive redemption and repatriation of collateralized assets from offshore proprietary accounts in India, China, Singapore and the Philippines continue.

These collateralized assets are property rights, precious and industrial metals, along with oil and natural gas holdings.

This redemption and repatriation of assets is necessary because of the current LIBOR rate irregularities tied to Barclays Bank and other worldwide financial institutions.

At this hour, banks need collateralized assets not any alleged stimulus aka derivatives.

Any new round of stimulus would be absorbed in derivative costs within hours if not minutes.

Creating new derivatives to replace old derivatives would do nothing more than create a new set of bogus books to keep insolvent banks afloat for only a short period of time.

Reference: Remember, the banks still can't loan money so any new derivative policy is deflationary not inflationary and would do nothing to create any real aggregate demand in the world economy.

At this hour we can divulge that patriotic members on various committees in Congress are working overtime to accelerate reconsolidation and recollateralization of U.S. banks.

These members of Congress are working on behalf of the U.S. Taxpayers and the U.S. Treasury.

The game plan is to issue invoices on behalf of the U.S. Treasury, which has a tie in to the repatriation of assets linked to the 2008 TARP bail out program.

Note: By reducing the number of banks and consolidating the ones that are solvent it can be reported that this plan could reduce the U.S. budget deficit to $2 trillion or even zero it out within 60 days.

This dovetails to the immediate implementation of the Wanta-Reagan-Mitterrand Protocols.

Are you listening Federal Reserve Chairman Bernard Bernanke and U.S. Treasury Secretary Timothy Geithner?

EXPLOSIVE BREAKING NEWS: Deleveraging Escalates--Part 2 of 2

Deleveraging Escalates, 2of2
by Tom Heneghan, International Intelligence Expert

P.S. At this hour, U.S. Treasury Secretary Timothy Geithner is on his way to Germany to meet in secret with German Bundesbank officials and ECB President Mario Draghi.

Item: It was Timothy Geithner and then BushFRAUD U.S. Treasury Secretary Henry 'Hank' Paulson that ordered the fraudulent, illegal conversion of U.S. Treasury funds aka the $1.5 trillion TARP bail out program that was done while the LIBOR rate was being rigged.

Question to U.S. Treasury Secretary Timothy Geithner: Are you bringing a second passport with you?

P.P.S. The Financial Times of London is reporting Bundesbank President Jens Weidmann is reluctant to start a new round of bond purchases in Europe that would increase German exposure to 80% of the derivative costs of the European Central Bank (ECB).

Reference: Several ECB officials speaking off the record believe Timothy Geithner and some crooked electronic traders (are you listening CFTC) are blackmailing the ECB.

So, again, beware of short term artificial asset bubbles. There is no inflation, there is deflation.

Bundesbank President Jens Weidmann has also made it clear that when it comes to a new round of derivatives aka bond purchases the ECB does not have a standard tax collection system that could be used as collateral as does the U.S. Federal Reserve.

In closing we can now report that the CME Group is sitting on an emergency slush fund of $8 billion that could have guaranteed and completely made whole every single PFG investor that had their account illegally liquidated and looted with the assistance of the crooked NFA and CFTC and the compromised bankruptcy judge in Chicago.

Message to CME Group President Terry Duffy:

Chapter 7 bankruptcy does not allow the looting of customer segregated accounts, which are deposits.

Mr. Duffy, you supported bailing out crooked banks. It is now time to bail out your customers and put their money back!