<<<ISO: dumb question, but I need the answer? PPT?
Thanks.>>>
==============================================================
Consider that executive order 12631, called the Working Group on Financial Markets, (AKA, the plunge protection team), was signed by the Reagan administration in the late 80’s after the “natural” stock market hiccup of 1987. What? You didn’t hear that we no longer have a naturally occurring free market? Well don’t worry gentle reader, because I don’t get invited to those meetings either. Perhaps it would serve you well to familiarize yourself with the verbiage used by the bankers when they want to “legally” rob you blind.
Executive Order 12631 Working Group on Financial Markets
Source: The provisions of Executive Order 12631 of Mar. 18, 1988, appear at 53 FR 9421, 3 CFR,
1988 Comp., p. 559, unless otherwise noted.
By virtue of the authority vested in me as President by the Constitution and laws of the United States
of America, and in order to establish a Working Group on Financial Markets, it is hereby ordered as
follows:
Section 1. Establishment. (a) There is hereby established a Working Group on Financial Markets
(Working Group). The Working Group shall be composed of:
(1) the Secretary of the Treasury, or his designee;
(2) the Chairman of the Board of Governors of the Federal Reserve System, or his designee;
(3) the Chairman of the Securities and Exchange Commission, or his designee; and
(4) the Chairman of the Commodity Futures Trading Commission, or her designee.
(b) The Secretary of the Treasury, or his designee, shall be the Chairman of the Working Group.
Sec. 2. Purposes and Functions. (a) Recognizing the goals of enhancing the integrity, efficiency,
orderliness, and competitiveness of our Nation’s financial markets and maintaining investor
confidence, the Working Group shall identify and consider:
(1) the major issues raised by the numerous studies on the events in the financial markets
surrounding October 19, 1987, and any of those recommendations that have the potential to
achieve the goals noted above; and
(2) the actions, including governmental actions under existing laws and regulations (such as
policy coordination and contingency planning), that are appropriate to carry out these
recommendations.
(b) The Working Group shall consult, as appropriate, with representatives of the various exchanges,
clearinghouses, self-regulatory bodies, and with major market participants to determine private
sector solutions wherever possible.
(c) The Working Group shall report to the President initially within 60 days (and periodically
thereafter) on its progress and, if appropriate, its views on any recommended legislative changes.
Sec. 3. Administration. (a) The heads of Executive departments, agencies, and independent
instrumentalities shall, to the extent permitted by law, provide the Working Group such information
as it may require for the purpose of carrying out this Order.
(b) Members of the Working Group shall serve without additional compensation for their work on
the Working Group.
(c) To the extent permitted by law and subject to the availability of funds therefore, the Department
of the Treasury shall provide the Working Group with such administrative and support services as
may be necessary for the performance of its functions.
This may appear initially as bureaucratic legal mumbo-jumbo typical of those that want control, therefore a little dissection is necessary;
First, we need to look at section 1 so we can find out who the players are, and then we can see if the players are on your team. We have the Secretary of the treasury, the chairman of the board of governors of the Federal Reserve System, the chairman of the SEC, and the chairman of the CFTC (the commodities board)
So far this sounds like a cabal in the making. Lets jump to section 2 where we learn that the purpose, among other things, is to “maintain” investor confidence. It would seem to me that maintaining investor confidence under false pretenses is deceit.
And then we get to the kicker under section 3, which is Administration. Under Section 3c it states;
To the extent permitted by law and subject to the availability of funds therefore, the department of the treasury shall provide the working group with such administrative and support services as may be necessary for the performance of its functions
Gentle readers, these people make the laws, and they create the “money”.
If I were to rewrite part of this executive order, I would cut to the chase and say something like this.
In order to deceive the citizens of the country into thinking they exist in a free-market society, and to keep them using the currency which we control by keeping the price of gold and silver assets suppressed, and to keep the citizens in line and not revolting, and so we can continually splash prosperity on the front page of the paper, and so we can have the President parrot the tiresome, unsubstantiated phrase, “the economy is strong, and it is getting stronger”, It may become necessary to inject massive amounts of liquidity into the system, which of course would require the massive creation of monetized debt and if we do it that way then the citizens will pay for that debt via the IRS. (that way the sheeple cover the tab… tee-hee) And by the time the sheeple figure out that they’ve been had, they will have buried themselves up to their eyeballs and beyond and won’t have the wherewithal to do anything about it.
archives.gov
==============================================================
Or, if you prefer, Slider posted the following earlier this month....
Message 21200762 |
