BREAKING NEWS: What is Real and What Isn't
Tom Heneghan explosive intelligence briefings ALL patriot Americans MUST know, with sources inside American and European intelligence agencies and INTERPOL, reporting what is really going on behind the scenes of the corporate-controlled fascist, extortion-friendly U.S. media propaganda of massive deceptive illusions
by Tom Heneghan, International Intelligence Expert
Tuesday August 21, 2012
UNITED STATES of America - It can now be reported that sources close to the IMF (International Monetary Fund) and the German Bundesbank are convinced the German Supreme Court will order a referendum on any future German participation in any ECB (European Central Bank) bond purchasing program.
The president of the German Bundesbank Jens Weidmann has made it clear to ECB president Mario Draghi that reconsolidation and recollateralization of European banks must occur first before any new round of bond purchases (derivative hocus pocus) can be considered.
Note: Any new alleged stimulus by the ECB or the Fed would have no real effect on the economy or aggregate demand but would be designed to create new bank derivatives to replace old bank derivatives and would actually be used to try to create a new set of books so the banks could cover up the current LIBOR rate rigging scandal.
We can also divulge that Dallas Federal Reserve President Richard W. Fisher has warned Fed Chairman Bernanke that any future renewed stimulus could blow up the back end of the yield curve and drive interest rates sky high.
So, again, beware of artificial asset bubbles created by derivative hocus pocus, they will burst.
There is no inflation, there is deflation with the banks loaded up with derivatives on the back end of the yield curve and unable to loan money.
P.S. Today on Bloomberg News a CME Group trader appeared as a guest and used Ambrose Evans-Pritchard, a journalist at the London Daily Telegraph as a source regarding ECB policy.
Note: Evans-Pritchard is a British Intelligence agent and a stooge for the Bank of England, who spent the 1990s scandalizing and blackmailing the Clinton White House.
The London Daily Telegraph has two major stockholders: disgraced FOX News CEO Rupert Murdoch and financial terrorist George Soros (laugh out loud).
P.P.S. At this hour the International Monetary Fund (IMF) and the Inspector General of the United States have informed U.S. Treasury Secretary Timothy Geithner to stop misusing the Wanta-Reagan-Mitterrand Protocol funds and to cease and desist immediately.
Note: A presidential executive order (the office of the president) is on the books demanding Geithner to implement the Protocols immediately!
Posted by John MacHaffie at 6:50 AM