Video: The Federal Reserve On Trial

Starr International, which in the global meltdown in 2008 owned more AIG stock than any other entity, spells out in a $25 billion lawsuit against the Federal Reserve, how the Fed, acting in the name of the U.S. Government, illegally took control of AIG. That the Fed then gutted the company to the tune of billions of dollars and secretly siphoned off this money to other financial institutions, including foreign banks.

How many foreign banks? The list goes on and on, but here are a few: Societe Generale, Deutsche Bank, Banco Santander (Spain), and Royal Bank of Scotland.

And this doesn’t include the banksters gorged by the Fed here in the United States: J.P. Morgan, Merrill Lynch, HSBC, Morgan Stanley, and Bank of America.

Again, this is the short list!

According to court documents:

…The unprecedented approach the Government took with AIG enabled the Government to use AIG as a vehicle to covertly funnel billions of dollars to other preferred financial institutions, including billions of dollars to foreign entities, in a now well-documented “backdoor bailout” of these financial institutions. (Starr International v. United States of America p.8)

But this is just half of the story. AIG shareholders in 2008 overwhelmingly rejected the Federal Reserve’s bid to take control of the company.  But the Fed, acting in the name of the U.S. Government, spurned the law and Constitution.

Per the lawsuit:

Plaintiff’s claim is governed by the Fifth Amendment to the United States Constitution, which provides in pertinent part that no person shall “be deprived of life, liberty, or property, without due process of law.” (Starr International v. United States of America p.12)

The entity known as the Federal Reserve, in fact not part of the federal government, nor actually having any money reserves, like a robber baron, illegally commandeered AIG.

Though the lawsuit names the United States government as the plaintiff, Starr International is clear that the Federal Reserve was the body that gutted the company:

In connection with the transactions commencing in September 2008 described above, the Federal Reserve Bank of New York (“FRBNY”) assumed control of AIG as a controlling shareholder and controlling lender. (Starr International v. United States of America p.9)

The Fed, not satisfied with gutting the company and feeding billions to foreign banks, then proceeded to force the company, then 90% owned by the U.S. Government, to take so-called bailout loans at exorbitant rates:

This is the only time in history when a borrower from the Government, let alone a fully-secured borrower, was charged such an extortionate interest rate. (Starr International v. United States of America p.6)

This sounds like a Mafia shakedown! Who’s running the Federal Reserve—Al Capone?

Starr International, the plaintiff, joined by thousands of other former AIG stockholders, including former AIG Chairman, Maurice “Hank” Greenberg,  subpoenaed the modern day Al Capone—none other than Fed Chairman Ben Bernanke. But Bernanke and the Federal Reserve, being above the law, refused. Starr International then filed a separate lawsuit to have a federal court compel Bernanke to testify. Eric Holder’s DOJ fought tooth and nail to prevent this, saying high government officials should not have to testify. Never mind that the Federal reserve is not part of the government! On August 12, federal judge Thomas Wheeler of the U.S. Court of Federal Claims ruled against the government, and mandated that Bernanke must testify.

Whether Bernanke will actually obey the law and testify remains to be seen. Perhaps Bernanke’s testimony will reveal the Fed’s illegal operations and will be the beginning of dismantling the Fed. The so-called “Federal Reserve” that has no reserves.  That is not part of the Federal government, but enjoys federal protections. That has destroyed the  economy,  despite its charter mandating that it stabilize the economy. That has devalued our currency more than 90% since its inception in 1913,  and if not stopped will eventually destroy this country.

Will this lawsuit be the beginning of the end for the Federal Reserve?

Time will tell.

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Comments

  1. Debbie Tate says:

    In answer to your question, I hope so!

  2. Sic Semper Tyrannis says:

    Bernanke illegally gave 15 trillion dollars from the Federal Reserve Bank of NY to Royal Bank of Scotland (RBS) in 3 separate Tranches of 5 trillion each. The S.W.I.F.T. tranches can be seen with his signature at the White Hats Report website. They are illegally backed by a fictitious and ridiculously impossible amount of gold from the bank of Indonesia. This is, of course, a serious crime, but what do laws mean to this apostate federal government???
    http://tdarkcabal.blogspot.com/2012/05/may-6-2012
    http://thewarmongerreport.blogspot.com/2012/05/bo

    This is a big reason why 16 TRILLION DOLLARS REMAINS UNACCOUNTED FOR AT THE FED!!!!!

  3. Sic Semper Tyrannis says:

    The George H.W. Bush cartel is behind much of the bank laundering going on worldwide. It involves massive bribery of our Presidents, their wives, Supreme Court justices, members of Congress and the Senate, and key personnel in many government agencies. This is how guys like John Roberts suddenly shift their votes.
    This money is laundered all over the world. Why on Earth was Michelle Obama vacationing in Spain??? It was time to move her money!!! This illicit money is being tracked all over the world by the White Hats investigators. If the crime ring is ever busted, expect every President since George H.W. Bush to wind up in jail where they belong. They're all in on this laundered drug money – even Romney, Bernanke, Geithner, and many others.

    • Seeks_the_truth says:

      STILL trying to blame the Bushs? Don't you remember it was Clinton who deregulated the banks? I'm sure you know he's behind a lot of this. He is the one responsible for the financial meltdown after all.
      The hole goes much deeper than G.H. Bush.

      • Sic Semper Tyrannis says:

        Clinton and Bush are in the same cartel, or didn't you know that??? They're ol' drug-running buddies for the CIA along with JEB and "W". Obama, Michelle, Hillary, Roberts, and countless others have all been bribed to the tune of millions and billions.

      • Sic Semper Tyrannis says:

        You'd be worth reading if you just educated your self. Instead you just like to post negative responses without intelligible comments like a neoconned nutjob

        • Seeks_the_truth says:

          You really need to seek help concerning your anger and mental issues. That tin foil hat you're wearing appears to be too tight.
          It seems to really irk you that people are actually informed and not falling for every conspiracy theory out there as you seem to do.
          The Earth really is round.

          You do realize how absurd you sound don't you? It's quite extreme to make 5 different posts to ONE comment. The inability to have a cohesive and complete thought process is a serious symptom of mental sickness.
          I'm not one to recommend psychiatric help but it would benefit you greatly. Medications have come a long way since you first started needing them.

          I'll happily discuss reality but I can't follow the 'down the rabbit hole' craziness you seem to spout. That's one of the restriction of being sane. Return if you get your sickness under control.

      • Sic Semper Tyrannis says:

        You're still trapped in your ridiculous, clueless Left-Right paradigm. Both parties are using the same playbook. The Bilderbergers, Trilaterals, 33rd degree masons in the District of Criminals, and the CFR gang care not one iota about political party when they pick their next puppets because the District of Criminals is a mafia organization, a criminal enterprise.

      • Sic Semper Tyrannis says:

        I BLAME ALL OF THEM. The "D" behind their name might as well stand for "DANGEROUS", and the "R" behind their name might as well stand for "RIDICULOUS" as far as I'm concerned. I make no party distinctions because I do not confine myself to the constraints of any useless political party. Both of these parties have committed TREASON every day they are in power. That's where I'm coming from politically speaking.

      • Sic Semper Tyrannis says:

        George H.W. Bush happens to be the ringleader of this cartel because he was a former CIA Director. In his carttel are Democrats and Republicans and every former and current President and Presidential candidates like Romney after him. If you were to read the numerous articles at the White Hats Report website, you would see what I'm talking about. The Vatican Bank accounts and Romney's offshore acounts were just the tip of the iceberg. THEY ALL HAVE LAUNDERED BRIBE MONEY ALL OVER THE WORLD!!!

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