The following are a few examples of the New Math as practiced by the banking elite.
Mervyn King was until just recently the Governor of the Bank of England. In April he sold 1,350 metric tons of gold to drive down the price of gold. But after selling all of that gold, he still had 300 tons of gold. How was this possible? He sold gold on deposit from foreign countries and from bullion banks. A bullion bank can lease gold from the Bank of England or the Federal Reserve and sell it 3, 4 or even 5 times. Of course if the price of gold goes up, then they are technically obligated to replace the gold which is why they needed to drive the price down.
After the Germans asked the French, the English and the Americans to return just 350 metric tons of their gold on deposit at those central banks, they were told it would take 7 years to return it. We learned why it would take so long when French soldiers invaded their former colony Mali which had just discovered a large high grade gold deposit. The trouble was that the people of Mali had wanted to sell their gold to the Chinese at the highest price. But fortunately for the banks the government had just been taken over in a coup by a general who had been trained at Forts Benning and Huachuca in the USA. And then Al Qaeda showed up threatening the takeover of the entire West coast of Africa. This is the same Al Qaeda that invaded Bosnia, Libya and Syria for the NATO imperialists. That these people practice cannibalism and kill unarmed women and children is of no concern to their paymasters in NATO. Now they are helping the bankers steal Africa’s gold which is what the British and French armies had done in the 19th and 20th centuries.
There are other examples of new mathematics being demonstrated by the bankers.
Every year the banks launder a trillion dollars a year in drugs and illegal weapons sales. A $20 bill weighs one gram. A trillion dollars in $20 bills would be a pile of 50,000,000 Federal Reserve Notes and would weigh 50,000,000 grams or 50 metric tons. One metric ton weighs 2,204.6 pounds. Asia Times magazine said that the banks launder 500 billion dollars in political bribes every year. That would be another 25 metric tons for a total of 75.
Does anyone imagine that there is some elderly Sicilian mobster from central casting who is wheeling almost a ton and a half of $20 bills into banks around the world every week of the year without the financial regulators finding out what he was doing?
Another example of new math applied to banking is the sentencing of common criminals versus what happens to bankers. It is as if a bank robber was caught, paid a thousand dollar fine from the million dollars he just stole and was allowed to keep the other $999,000. Bankers have been proven to rig interest rates and sell fraudulent mortgages. In fact Matt Taibbi in a now famous 14 page article in Rolling Stone magazine said he had 27 examples of rigged markets when he said the Conspiracy Theorists were right. I would love to see a comedy skit in which the cops catch bank robbers coming out of a bank with the loot. The bankers count the loot and pay a 1% fine which goes to the city hall slush fund allowing the criminals to walk away freely with 99% of the loot and no criminal indictment. That is the way America’s justice system actually works.
I would like to cite the US budget and America’s 17 trillion dollar debt as a final example of the New Math.
Dr Jim Willie has a PhD in statistics from Carnegie Mellon. He said that we have no justice system to prevent a bank which functions as one of the 21 primary dealers in US Treasury bonds to sell counterfeit bonds to the Federal Reserve. He said in the video below that WTC Tower 7 had the evidence of 2.3 trillion dollars in fake Treasury bonds from J P Morgan which were destroyed on 911.
This is a separate issue from the bankers looting federal spending in departments ranging from Housing to the Department of Defense. HUD lost 77.2 billion dollars in the last two years of the Clinton administration. On 9-10-2001 Donald Rumsfeld said that he could not trace 2.3 trillion dollars in DOD spending.
Let’s more closely examine the combination of the bankers ability to steal from federal spending and to sell fake Treasury bonds which the Federal Reserve must redeem so we can determine the real burden banker criminality has put upon our federal budget.
In June of 2010 approximately 17.3 billion dollars (at a rate of 4 billion dollars a week for 4.3 weeks) was stolen from unaudited government spending. But for the sake of believability I will cut that estimate by 3 billion down to 14.3 billion dollars. This helped run the deficit up from 53.7 billion dollars to 68 billion. So the Treasury in June of 2010 had to raise a total of 68 billion including the 14.3 billion of missing federal funds. The New York FED and the primary dealers sold a total of 211 billion dollars. If you subtract the 68 billion actually needed from the 211, you get a total of 143 billion dollars the bankers pocketed from the sale of phony Treasury bonds. Now go back and add in the 14.3 billion to the 143 billion and you get a total of 157.3 billion dollars the bankers stole in just one month from you. So what are you going to do about it?
If you add in the 6 trillion dollars we have spent on wars for Israel since we let them do 911 and get away with it, you are talking about most of the total of 17 trillion dollars in US federal debt. And the rest of the 17 trillion can probably be attributed to the right granted to the banks under the Federal Reserve Act of 1913 to charge interest to us on money they have created out of nothing.
This is the New Math as practiced by the bankers. I will conclude by quoting something I have had to say before.
The Fundamental Fact of Your Existence as a modern man or woman is that the bankers of New York and London want to reduce you to Debt Slavery.
Accept that fact and move on to the solution.
That is their plan for you.
What is your plan for them?
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