WHENCE THE DEEP STATE?
WHENCE THE DEEP STATE? by Pro Liberty for The Daily Coin
Various writers lament the headless fourth branch of U,S. government and the Deep State. I submit it is the same force that has been active in imposing oppressive tyrants and economic exploitation in nations around the world for decades as documented by William Blum, Michel Chossudovsky, Michael Hudson, and others. Several writers have pointed fingers at the Empire of the United States. John Perkins has more definitively identified Wall Street as the nexus—behind cutouts. The name of Goldman Sachs has been repeatedly connected with political disruptions in Greece, Argentina, and Venezuela. Douglas Valentine [CIA AS ORGANIZED CRIME] has written that CIA actions he has witnessed worldwide in similar situations are being seen in the United States. Carroll Quigley claimed to have been inside the group.
The Federal Reserve has been the object of public criticism for decades, but instances of criminal malfeasance have never been levied. Specific procedures are now alleged to be used by the Federal Reserve to embezzle billions daily from the government for the benefit of Wall Street bankers. Ref. https://thedailycoin.org/2018/08/16/a-look-at-the-federal-reserve-through-a-different-lens/.
The operational accounts of the 12 Federal Reserve Banks are audited by a national accounting firm and reported to Congress annually. What is NOT audited include client accounts which are exclusively managed by the FRBNY, as fiscal agent for the government. Those accounts disburse funds from the auctions of Treasury securities. Ref. 31 CFR 375.3. The accounts handle >$11 trillion annually. Over one trillion [new cash] seems to strangely disappear.
Ref. https://www.treasurydirect.gov/instit/auctfund/auctfund.htm. The GAO has authority to audit any handling of government funds such as these upon request of any congressional committee. Such an audit has not occurred.
Bloomberg recently used FOIA to obtain production of Federal Reserve records:
“So long as records at the [Federal Reserve Banks] satisfy the plain language meaning of 12 C.F.R. § 261.2(i)(1), they qualify as agency records of the Board and are subject to FOIA requests. … Records of the Board include . . . all information coming into the possession and under the control of the Board, any Board member, any Federal Reserve Bank, or any officer, employee, or agent of the Board or of any Federal Reserve Bank, in the performance of functions for or on behalf of the Board that constitute part of the Board’s official files; or [records] [t]hat are maintained for administrative reasons in the regular course of business in official files in any division or office of the Board or any Federal Reserve Bank in connection with the transaction of any official business…The FRBs give all revenue in excess of expenses to the U.S. Treasury. 12 U.S.C. § 289.” Bloomberg L.P. v. Bd. of Governors of Fed. Reserve Sys., 649 F. Supp. 2d 262, 274 (S.D.N.Y. 2009), aff’d, 601 F.3d 143 (2d Cir. 2010).
Wall Street’s involvement in the set-up of HMS Lusitania to pressure the US into military involvement in WW I to avoid default on loans to European nations is well documented. Robert Stinnett used FOIA to obtain government documents that Wall Street connived with their crony FDR for 17 months to pressure Japan to attack Pearl Harbor. Ref. DAY OF DECEIT. David Talbot and Stephen Kinzer have each written that Wall Street used their crony Allen Dulles to set up the CIA to conceal their nefarious acts behind national security. The CIA’s first coup was led by Kermit Roosevelt to restore the Shah to the Iranian throne so Wall Street oil moguls could acquire control of and rape the British Petroleum oil fields that had been nationalized. National domination, wars, and coups are the modus operandi of Wall Street. The government of the U.S. received no benefit from the Iranian coup or any other coup.
John Perkins in CONFESSIONS OF AN ECONOMIC HIT MAN, Stephen Kinzer in THE BROTHERS, David Talbot in DEVIL’S CHESSBOARD, William Blum, and others identify the CIA, and also the US military, as the operating arms of Wall Street—along with the IMF and WB.
It is concluded the Deep State is being funded by embezzlement utilizing the accounts of Treasury security auctions. The testimony of State Department agents, and of the US military representatives, who recently testified they were motivated in their duties in Ukraine to support actions that were not in compliance with the guidelines of the President is submitted to evidence the depth that Wall Street now controls the U.S. government. Greg Palast has written of an internal Wall Street memo identifying collection on the $20 trillion National Debt to be the “ultimate goal.” One potential sequence that Wall Street might use to seize assets of the U.S. by bankruptcy is detailed at https://thedailycoin.org/2019/11/04/scenario-of-national-bankruptcy/.
The Federal Reserve accounts are subject to FOIA requests. Inquiry as to a closely-held corporate ownership of the FR Board of Governors would be a relevant factor. If you agree with this analysis (I would be glad to address objections to this conclusion), I would appreciate knowledge of any entity [lawyer ?] that might be interested in participating in, or endorsing, a FOIA suit.