{"id":13377,"date":"2015-10-14T06:40:48","date_gmt":"2015-10-14T11:40:48","guid":{"rendered":"http:\/\/olduvai.ca\/?p=13377"},"modified":"2015-10-14T06:40:48","modified_gmt":"2015-10-14T11:40:48","slug":"game-changing-19-minute-video-fed-transcript-proves-open-criminal-admission-of-fraud-worth-trillions","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=13377","title":{"rendered":"Game-changing 19-minute video: Fed transcript proves open criminal admission of fraud worth trillions"},"content":{"rendered":"<h3 class=\"entry-title\"><a href=\"http:\/\/www.washingtonsblog.com\/2015\/10\/game-changing-19-minute-video-fed-transcripts-prove-full-criminal-admission-of-fraud-worth-trillions.html\" target=\"_blank\">Game-changing 19-minute video: Fed transcript proves open criminal admission of fraud worth trillions<\/a><\/h3>\n<p><span class=\"embed-youtube\"><iframe loading=\"lazy\" class=\"youtube-player\" src=\"http:\/\/www.youtube.com\/embed\/jt377DV2BKs?version=3&amp;rel=1&amp;fs=1&amp;showsearch=0&amp;showinfo=1&amp;iv_load_policy=1&amp;wmode=transparent\" width=\"640\" height=\"390\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/span><\/p>\n<p>John Titus, engineer and lawyer, writer and producer of\u00a0<a title=\"Bailout\" href=\"http:\/\/dailybail.com\/home\/bailout-the-movie-official-film-trailer.html\" target=\"_blank\"><i>Bailout<\/i><\/a>, with YouTube channel of\u00a0<i><a title=\"BestEvidence\" href=\"https:\/\/www.youtube.com\/channel\/UCLvRDyn_rVvZ7RRwdcEiJGw\" target=\"_blank\">BestEvidence<\/a>,<\/i>read the\u00a0<a title=\"latest Federal Reserve Open Market Committee meeting transcript\" href=\"http:\/\/www.federalreserve.gov\/monetarypolicy\/files\/FOMC20090624meeting.pdf\" target=\"_blank\">latest Federal Reserve Open Market Committee meeting transcript<\/a>\u00a0(always delayed for five years), and discovered full admittance of financial fraud by the Fed in trillions of dollars. John\u00a0<a title=\"explains\" href=\"https:\/\/www.youtube.com\/watch?v=jt377DV2BKs\" target=\"_blank\">explains<\/a>:<\/p>\n<blockquote><p>BestEvidence\u2019s newest film, \u201c<a title=\"They Come from Planet Klepto\" href=\"https:\/\/www.youtube.com\/watch?v=jt377DV2BKs\" target=\"_blank\">They Come from Planet Klepto<\/a>,\u201d undertakes an intensive examination of the transcript and exhibits from the Fed\u2019s June 2009 FOMC meeting held during the first few critical months of the most ambitious monetary experiment of all time, which the Fed falsely swore was temporary in nature. As it turns out, the Federal Reserve never intended to unwind the radical balance sheet expansion it began 7 years ago at all, as one of the central purposes of the Fed programs\u2014aside from enabling broke banks to erect an illusion of solvency big enough to justify bonuses\u2014was to cover up the very Wall Street crimes that caused the meltdown of 2008 in the first place.<\/p><\/blockquote>\n<p>John\u2019s main points, as best I see them:<\/p>\n<ul>\n<li>2009 Fed transcript reveals that the original \u201cbailout\u201d of $700 billion claimed as \u201ctroubled asset relief program\u201d to buy toxic mortgage backed securities (MBS) was a LIE because they discussed how to make the public think they had an \u201cexit plan\u201d while not having one. The \u201cbailout\u201d climbed in value to $1.7 trillion, then to $16 trillion in \u201cshort-term loans.\u201d US banks used the money to pay bonuses and buy competitors.\u00a0<a title=\"PuppetGov\" href=\"https:\/\/vimeo.com\/user1959725\" target=\"_blank\"><i>PuppetGov<\/i><\/a>\u00a0documents this point at the\u00a0<a title=\"closing 8-minute video\" href=\"https:\/\/www.youtube.com\/watch?v=GptTbLjVA_k\" target=\"_blank\">closing 8-minute video<\/a>.<\/li>\n<li>The Fed created and transferred $1.7 trillion to insider banks to purchase MBS at\u00a0<i>more than full value<\/i>\u00a0when publicly sold at $.05\/dollar (5% of full value). These MBS pooled loans were claimed as AAA, and were BBB at best. This fraud with sub-prime loans were hidden by appreciating home values, but when home values fell with job losses, MBS fire sales were at 5 cents\/dollar. These mortgages destroyed title, were not really mortgages, and were sold more than once.<\/li>\n<\/ul>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Game-changing 19-minute video: Fed transcript proves open criminal admission of fraud worth trillions John Titus, engineer and lawyer, writer and producer of\u00a0Bailout, with YouTube channel of\u00a0BestEvidence,read the\u00a0latest Federal Reserve Open Market Committee meeting transcript\u00a0(always delayed for five years), and discovered full admittance of financial fraud by the Fed in trillions of dollars. John\u00a0explains: BestEvidence\u2019s newest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[2015,9858,303,305,9857,4512,950,9856,2864,655,5510],"class_list":["post-13377","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bailout","tag-balance-sheet-expansion","tag-fed","tag-federal-reserve","tag-federal-reserve-open-market-committee","tag-fomc","tag-fraud","tag-john-titus","tag-lies","tag-propaganda","tag-washingtons-blog"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13377"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13377\/revisions"}],"predecessor-version":[{"id":13378,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13377\/revisions\/13378"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}