Tuesday, November 13, 2012

White House ‘Big Data’ Push Means Big Bucks for Drone Brains

http://www.wired.com/dangerroom/2012/03/big-data/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+WiredDangerRoom+%28Blog+-+Danger+Room%29      

White House ‘Big Data’ Push Means Big Bucks for Drone Brains

Illustration: DARPA
The military has a data problem. More specifically, it has a too-much-data problem. Analysts have to sort through massive amounts of information collected by orbiting surveillance drones and satellites, or finding the data trails left behind by spies inside defense networks. Sorting through all this data is also necessary for making unmanned vehicles more autonomous.
Bring on the White House’s new “big data” research initiative. Announced this morning, the plan aims to invest “more than $200 million” in six government agencies to develop systems to “extract knowledge and insights from large and complex collections of digital data,” according to a White House statement (.pdf). That means anything too large for normal software to handle, meaning data sets of at least dozens of terabytes, at minimum. The biggest beneficiary of all this could be the Department of Defense.
The Pentagon already spends hundreds of millions annually on “big data”-esque problems. The initiative announced today could add to that kitty up to $60 million per year for new research projects. That includes a $25 million yearly sum for a new Darpa data mining program called XDATA, which is broadly defined as a tool to analyze large amounts of meta-data and “unstructured” data like message traffic. (In comparison, the Department of Energy is receiving only $25 million in funding for a new data mining institute and the National Science Foundation is being granted $13.4 million.)
Where is all the rest of that defense research going? Several places, and a lot of it for helping drones crunch the massive amounts of information pulled from sensors.

“The Department of Defense if placing a big bet on big data.” Zachary Lemnios, the Pentagon’s research and engineering chief, told reporters on Thursday. “We are within sight of a new generation of systems that understand and interpret the real world with computer speed, computer precision and human agility. These systems will not only be central to helping our commanders and analysts make sense of the huge volumes of data our military sensors collect, they will also support multiple missions.
Some of these systems, like Darpa’s Mind’s Eye, seeks to develop “visual intelligence” in aerial sensors, which would give military computers the ability to connect visual data with pre-written cues. Effectively, that could mean giving drones the tools to spot enemy soldiers automatically. Other programs likely to benefit include the Insight program, which can help drones spot potential threats on the battlefield.
That information is “growing rapidly in both volume and complexity,” Darpa acting director Ken Gabriel said. “From scraps of paper to hard drives, to overhead imagery and intercepts — the data collected is often imperfect, incomplete and heterogeneous. This trend is further accelerated by the proliferation of various digital devices and the internet. All of which is used by our adversaries to operate and hide in this data terrain. The sheer volume of information itself is creating a background clutter.”
Clutter so thick, even a quarter-billion dollars in investments may not be enough to cut through.

The Genetic Social Network: Facebook has your Personal Information; Now Google wants your DNA

http://www.oldthinkernews.com/2012/03/google-genetics/             

The Genetic Social Network: Facebook has your Personal Information; Now Google wants your DNA

Old-Thinker News | March 30, 2012
By Daniel Taylor
Facebook has amassed a gigantic database of human intelligence from its millions of users. This information has been used by police in the arrest of suspects, and is milked by marketers. What if a similar system gathered genetic information?
In 2005 it was revealed in a book called The Google Story that Dr. Craig Venter, known for his creation of synthetic lifeforms, was in discussions with Larry Page and Sergey Brin [founders of Google] to:
“…generate a gene catalogue to characterize all the genes on the planet and understand their evolutionary development. Geneticists have wanted to do this for generations… Google will build up a genetic database, analyze it, and find meaningful correlations for individuals and populations.”
Google has been funding a program to do just that called 23 and me. In 2006 the organization was co-founded by Anne Wojcicki, the wife of Sergey Brin, co-founder of Google.
Will the general public be acclimated to share their genetic information online as they were with Facebook to share personal information? Facebook has altered the public perception of privacy. As Time magazine reported in 2010, “The willingness of Facebook’s users to share and overshare — from descriptions of our bouts of food poisoning (gross) to our uncensored feelings about our bosses (not advisable) — is critical to its success.”
A recent article from Discover magazine pointed out that:
“Many researchers believe that personal genomics will really not hit the biomedical sweet spot until you have on the order of a million people sequenced. But even then in the American system how to get a hold of all that information is going to be problematic, since it will likely be decentralized.”
What this article fails to point out is that it has become known that the DNA of newborns has been secretly collected in America for decades. Samples have even been provided to U.S. Military labs. Also present in this issue is the prospect of who own the copyright your DNA.
If the government already has a database of millions of people’s DNA, what function could an organization like 23 and me fulfill?
Larry Page and Craig Venter at the Edge Billionaires Meeting (edge.org)
Managing public perception is perhaps where the answer can be found. Having your DNA in a database to share with your friends in a familiar social network setting is a good way to introduce the masses to the idea. Also, Google is an extension of government agencies. As Facebook has proven, it is much easier to have the general public willingly volunteer their personal information.
The Yale Scientific Magazine announced earlier this month that with the 23 and me genetic social network, “…it is easier than ever for people to find out their genetic risks for diseases, as well as connect with others who share parts of their genome.” It remains to be seen whether 23 and me will become a widespread success like Facebook, but it certainly has a powerful backing. As of last year, 23 and me reached 125,000 users who have submitted gene samples.
Google founder Larry Page met with Craig Venter in California at the Edge billionaires meeting in 2010. Also present were representatives from the State department, Bill Gates, Anne Wojcicki, Bill Joy and dozens of other tech company CEO’s and scientists.
The Edge billionaire meetings have discussed the future of genetic engineering, biocomputation and re-designing humanity. Physicist Freeman Dyson described the individuals leading this group as having god-like power to create entirely new species on earth in a “New Age of Wonder”. He describes them as:
“…a new generation of artists, writing genomes as fluently as Blake and Byron wrote verses, might create an abundance of new flowers and fruit and trees and birds to enrich the ecology of our planet.”
The technological elite are engaged in a mission to attain full spectrum dominance over life and its complex processes, and in the process re-write the genetic code of the planet. The harvest of your genetic information brings this vision a step closer to reality.

Extraterrestrial UFO Are Real: Ben Rich Lockheed CEO Admitted In His Deathbed Confession

http://battleofearth.wordpress.com/2010/09/09/extraterrestrial-ufo-are-real-ben-rich-lockheed-ceo-admitted-in-his-deathbed-confession/                  

Extraterrestrial UFO Are Real: Ben Rich Lockheed CEO Admitted In His Deathbed Confession

Posted: September 9, 2010 in Exopolitics, Aliens, and UFOs
Tags: , , ,
2
 
 
 
 
 
 
Rate This

Source: UFO-Blogger
Published here: Thursday, September 09, 2010 @ 5:56 AM


Ben Rich
Lockheed Skunk Works CEO had admitted in his Deathbed Confession that Extraterrestrial UFO visitors are real and the U.S. Military travel among stars.
According to article published in May 2010 issue of the Mufon UFO Journal [Link] – Ben Rich, the “Father of the Stealth Fighter-Bomber” and former head of Lockheed Skunk Works,had once let out information about Extraterrestrial UFO Visitors Are Real And U.S. Military Travel To Star.

What he said might be new to many people today, but he revealed the information before his death in January 1995. His statements helped to give credence to reports that the U.S. military has been flying vehicles that mimic alien craft.The article was written by Tom Keller, an aerospace engineer who has worked as a computer systems analyst for NASA’s Jet Propulsion Laboratory.
1 : “Inside the Skunk Works (Lockheed’s secret research and development entity), we were a small, intensely cohesive group consisting of about fifty veteran engineers and designers and a hundred or so expert machinists and shop workers. Our forte was building technologically advanced airplanes of small number and of high class for highly secret missions.”
2 : “We already have the means to travel among the stars, but these technologies are locked up in black projects, and it would take an act of God to ever get them out to benefit humanity. Anything you can imagine, we already know how to do.”
3 : “We now have the technology to take ET home. No, it won’t take someone’s lifetime to do it. There is an error in the equations. We know what it is. We now have the capability to travel to the stars. First, you have to understand that we will not get to the stars using chemical propulsion. Second, we have to devise a new propulsion technology. What we have to do is find out where Einstein went wrong.”
4 : When Rich was asked how UFO propulsion worked, he said, “Let me ask you. How does ESP work? The questioner responded with, “All points in time and space are connected?” Rich then said, “That’s how it works!”

Ben Rich Lockheed Former CEO knew of extraterrestrial UFO visitors

Lockheed “Skunk Works” former CEO knew the Roswell extraterrestrial UFO influenced designs of Testor model kits for Roswell UFO models, and U.S. top secret aircraft. According to a CNI News report by Colorado resident Michael Lindemann, the design information was derived from forensic illustrations and numerous witness testimonies about the Roswell UFO, provided by William L. “Bill” McDonald.
In an e-mail, dated July 29, 1999, apparently addressed to Lindemann, McDonald referenced an excerpt of a discussion with Harold Puthoff, founder of the highly classified U.S. “remote viewing” program.
McDonald said: “Well Hal, you asked for it! Now that legendary Lockheed engineer and chief model kit designer for the Testor Corporation, John Andrews, is dead, I can announce that he personally confirmed the design connection between the Roswell Spacecraft and the Lockheed Martin Unmanned Combat Air Vehicles (UCAVs), spyplanes, Joint Strike Fighters, and Space Shuttles.
Andrews was a close personal friend of “Skunk Works” CEO Ben Rich — the hand-picked successor of Skunk Works founder Kelly Johnson and the man famous for the F-117 Nighthawk “Stealth” fighter, its “half-pint” prototype the “HAVE BLUE”, and the top-secret F-19 Stealth Interceptor. Before Rich died of cancer, Andrews took my questions to him.
Dr. Ben R. Rich former Lockheed Skunk Works CEO confirmed:
1. There are 2 types of UFOs — the ones we build and ones ‘they’ build. We learned from both crash retrievals and actual “hand-me-downs.” The Government knew and until 1969 took an active hand in the administration of that information. After a 1969 Nixon “purge”, administration was handled by an international board of directors in the private sector…
2. Nearly all “biomorphic” aerospace designs were inspired by the Roswell spacecraft — from Kelly’s SR-71 Blackbird onward to today’s drones, UCAVs, and aerospace craft…
3. It was Ben Rich’s opinion that the public should not be told [about UFOs and extraterrestrials] . He believed they could not handle the truth — ever. Only in the last months of his decline did he begin to feel that the “international corporate board of directors” dealing with the “Subject” could represent a bigger problem to citizens’ personal freedoms under the United States Constitution than the presence of off-world visitors themselves.”
Lindemann added that “Bill McDonald received the above information from Andrews from 1994 until their last phone call near Christmas in 1998.” Lindemann also noted “It should also be known that Dr. Ben R. Rich attended a public aerospace designers and engineers conference in 1993 before his illness overwhelmed him in which he stated — in the presence of MUFON Orange County Section Director Jan Harzan and many others that – ‘We’ (i.e., the U.S. aerospace community/military industrial complex) had in it’s possession the technology to “take us to the stars”.
See the complete letter in May, 2010 MUFON UFO Journal from John Andrews and the hand written reply from Dr. Ben Rich. Hear more revealing testimony from Disclosure Project whistleblowers. NASA can not deny secrets discovered by UK hacker Gary McKinnon and many astronauts if it expects full funding from the Obama White House administration.
Lockheed Skunkworks Engineer USAF, and CIA Contractor Admitted : UFO Are Real

Don Phillips, “These UFOs were huge and they would just come to a stop and do a 60 degree, 45 degree, 10 degree turn, and then immediately reverse this action”. During the Apollo landing, Neil Armstrong says, “They’re here.They are right over there and looking at the size of those ships., it is obvious they dont like us being here”. When I was working with the Skunkworks with Kelly Johnson, we signed an agreement with the government to keep very quiet about this.Anti-gravitational research was going on. We know that there were some captured craft from 1947 in Roswell, they were real. And, yes, we really did get some technology from them. And, yes, we really did put it to work. We knew each other from what we call an unseen industry. We can term it black, deep black, or hidden.The knowledge I have of these technologies came from the craft that were captured here. I didn`t see the craft, nor did I see the bodies, but I certainly know some of the people that did. There was no question that there were beings from outside the planet.Are these ET people hostile? Well, if they were hostile, with their weaponry they could have destroyed us a long time ago .We got these things that are handhold scanners that scan the body and determine what the condition is. We can also treat from the same scanner.I can tell you personally that we’ve been working on them. And we have ones that can diagnose and cure cancer. One of the purposes I had for founding my technology corporation in 1998 was to bring forth these technologies that can clean the air and can help get rid of the toxins, and help reduce the need for so much fossil fuel. Yes, it is time. I can tell you personally that it has already started. pp. 375 ,383 http://www.scribd.com/doc/30425722/Disclosure-Military-and-Government#open_download.
In the past we had posted about UFOs landing in front of former U.S. President Eisenhower at Holloman Air force Base and how US State representative confirms that US President Eisenhower met Aliens .We had also been reported about Eisenhower`s great granddaughter`s claim too, in which she has exposed her attempted recruitment into a secret Mars colony project.In recent confessions from UK, France, China Admitted that UFO are real and of ET originAnd NASA in its own continuous disclosure style informed the word that they had found few more New Earth sized planets.All above incidents and individuals testimony clearly showed that “We Are Not Alone, Never Were Actually”Update : Hour back we have received the email, according to which “Johan Andrews had sent a Letter to Ben Rich regarding his belief in “Manmade UFOs” and “Extraterrestrial UFOs.” on July 10, 1986 “I believe with certainty in manmade UFOs. I am tending to believe there are also extraterrestrial UFOs.”–John Andrews
Johan Andrews claimed that above document was hand written by Ben Rich Lockheed CEO according to it “Yes, I’m a believer in both categories.” -Ben Rich July 21, 1986 sourceAndrews relayed Rich’s responses to questions from UFO investigator William McDonald which confirmed:There are two types of UFOs:
1. the ones we build
2. ones THEY build
We learned from both crash retrievals and actual “Hand-me-downs.”The Government knew, and until 1969 took an active hand in the administration of that information. After a 1969 Nixon “Purge”, administration was handled by an international board of directors in the private sector.
Former astronaut, Dr Edgar Mitchell recently confirmed an incident in 1997 where the Head of Intelligence for the Joint Chiefs of Staff was supplied the code names of UFO related projects, but was denied need-to-access. The first to report the incident was UFO researcher, Dr Steven Greer, who in 2001 revealed that Admiral Wilson was furious over his failure to gain access.
On a July 4, 2008 CNN interview, Dr Mitchell confirmed Greer’s version of events when he said that Admiral Wilson,“had found the people responsible for the cover-up and for the people who were in the know and were told, I’m sorry, admiral, you do not have need to know here and so, goodbye.”A reliable source furthermore revealed to UFO researcher Richard Dolan that Admiral Wilson was frustrated by attorneys of a corporation that denied him access. I interviewed an active duty U.S. Navy officer in October 2008 who confirmed the powerful role of corporations involved in UFO projects.

Super rich hold $32 trillion in offshore havens

http://in.reuters.com/article/2012/07/22/offshore-wealth-idINL6E8IKF61201

Super rich hold $32 trillion in offshore havens

LONDON, July 22 | Sun Jul 22, 2012 2:30pm IST
(Reuters) - Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing up to $280 billion in lost income tax revenues, according to research published on Sunday.
The study estimating the extent of global private financial wealth held in offshore accounts - excluding non-financial assets such as real estate, gold, yachts and racehorses - puts the sum at between $21 and $32 trillion.
The research was carried out for pressure group Tax Justice Network, which campaigns against tax havens, by James Henry, former chief economist at consultants McKinsey & Co.
He used data from the World Bank, International Monetary Fund, United Nations and central banks.
The report also highlights the impact on the balance sheets of 139 developing countries of money held in tax havens by private elites, putting wealth beyond the reach of local tax authorities.
The research estimates that since the 1970s, the richest citizens of these 139 countries had amassed $7.3 to $9.3 trillion of "unrecorded offshore wealth" by 2010.
Private wealth held offshore represents "a huge black hole in the world economy," Henry said in a statement. (Reporting by Chris Vellacott)
20722         

UQ Wire: What's Up With the Black Budget?

http://www.scoop.co.nz/stories/HL0209/S00126.htm   

UQ Wire: What's Up With the Black Budget?

Unanswered Questions: Thinking For Ourselves
Presented by… http://www.unansweredquestions.org/

The $64 Question: What's Up With the Black Budget?


The Real Deal with Catherine Austin Fitts
"Engrave this upon my heart: ~ There isn't anyone you couldn't love once you've heard their story."
--- Mary Lou Kownacki"What is relevant is what solves the problem. If we had thought through real relevancies, we would be on Sirius by now."
---- Peter Medewar
*************************
It is time to deal with the 64 dollar question --- the biggest crazy aunt in the living room.
The questions that need to be raised in any effort to find the truth about a significant event related to power and money in the US --- and answered if we are to ever find the truth of how our world works --- are:
1. WHAT HAS BEEN THE SIZE OF THE U. S. BLACK BUDGET OVER THE LAST 50 YEARS?
2. WHAT ARE THE SOURCES AND USES OF FUNDS IN THE BLACK BUDGET?
3. WHO GOVERNS AND MANAGES THE BLACK BUDGET AND OPERATIONS?
4. WHY HAVE SO MANY DECENT PEOPLE SUPPORTED AN ILLEGAL BLACK BUDGET OPERATION OF SUCH MAGNITUDE FOR SO LONG?
5. IS THE WAR ON TERRORISM MOVING THE BLACK BUDGET ON BUDGET?
I do not know the answer to these questions. What I do know is that asking these questions brings up a whole pile of challenging uncertainty. (For background on my experience dealing with black budget/slush fund operations at FHA and Ginnie Mae at the Department of Housing and Urban Development (HUD), Justice, Treasury and the New York Federal Reserve Bank, see my article, "The Myth of the Rule of Law," http://www.scoop.co.nz/mason/stories/HL0208/S00055.htm)
When dealing with challenging uncertainty, I find that many researchers simply delete the existence of such uncertainty from their reality. That is a big mistake --- again pretending that we do not have a very big crazy aunt sitting in the living room. George Orwell once said that "Omission is the greatest lie." Hence, our crazy aunt has to be dealt with.
If you listen to the Ferdinand video/audio depositions in the Carone/Tyree lawsuit ( http://www.blackopradio.com/inc_archives2002.html), what you will hear is something I have heard many times. Carone gives his family the sense of all of the organized crime operations by CIA, Army and Mafia through the 1970's as legitimate for national security purposes that then got out of hand and turned bad in the 1980's. That is, what started out as justifiable got out of hand. This begs the question ---- Why Were Such Activities Considered Justifiable?
The way to deal with uncertainty is with scenario design and probability -- ie to create a framework of the possible explanations with your best estimate of the plausible scenarios and the probability (all adding up to 100%) of each one being true based on intuition. Maintaining such a framework allows data collection on key variables and assumptions and an evolution to occur that can enlighten --- even determine --- concrete questions and answers over time.
So, let me tell a story, give you my framework that I use to handle the fact that I do not have the answers and invite your framework. I am not looking to hear only what is wrong with my framework. I am looking to improve mine or find a better one. Or better inform my estimate of the probabilities that this one or that one is true. Hence, I invite you to put forward your framework for managing this uncertainty. If we had the truth of the issue I am going to introduce, I dare say we could get to the bottom of 9-11 faster.
In 1998, I was approached by John Peterson, head of the Arlington Institute, a small high quality military think tank in Washington, DC. I had gotten to know John through Global Business Network and had been impressed by his intelligence, effectiveness and compassion. John asked me to help him with a high level strategic plan Arlington was planning to undertake for the Undersecretary of the Navy.
At the time I was the target of an intense smear campaign that would lead the normal person to assume that I would be in jail shortly or worse. John explained that the Navy understood that it was all politics ---- they did not care.
I met with a group of high level people in the military in the process --- including the Undersecretary. According to John, the purpose of the plan --- discussed in front of several military or retired military officers and former government officials--- was to help the Navy adjust their operations for a world in which it was commonly known that aliens exist and live among us.
When John explained this purpose to me, I explained that I did not know that aliens existed and lived among us. John asked me if I would like to meet some aliens. For the only time in my life, I declined an opportunity to learn about something important. I was concerned that my efforts with Arlington could boomerang and be connected with the smear campaign and the effects that I was managing. I regret that decision. At John's suggestion I started to read books on the topic and read about 25 books over the next year on the alien question, the black budget, and alien technology.
I had to drop from the project due to the need to attend to litigation and the physical harassment and surveillance of me and some of the people helping me. This process ---which turned out to be incredibly time consuming --- I now believe was connected with the black budget/slush fund activities connected with FHA and Ginnie Mae at HUD. (See, "The Myth of the Rule of Law") John then asked me if I would join the board of the Arlington Institute.
When I attended one of my first meetings, I joined in discussion with about 10 people which included James Woolsey, former head of the CIA in the Clinton Administration, Napier Collyns, founder of Global Business Network and former senior Shell executive, Joe Firmage, John, and other members of the Arlington board. The main topic of discussion was whether or not the major project for the coming year should be a white paper on how to help the American people adjust to aliens existing and living among us. I said nothing -- just listened. Not that long after, I dropped from the board due to the continued demands related to litigation with the Department of Justice and their informant.
To cut a series of additional long stories short, when I talk with my few sources from the military and intelligence community, I hear the same themes:
1. Aliens exist and live among us;
2. In part for this reason as well the accumulated investment over the last 50 years, the technology we have access to through the black budget is far more advanced than is commonly understood;
3. The black budget/slush fund construct was created to deal with this issue, which is why reasonable people thought selling drugs to the children who were US citizens was the better of several options --- including the option of telling the American public the truth and funding the expenses on budget.
As a result of these experiences, here is my framework for dealing with this very large pile of uncertainty.
ONE OF THE THREE FOLLOWING POSSIBLE SCENARIOS MUST BE TRUE
SCENARIO #1. ENTRE NOUS: The alien question is the single largest and most expensive disinformation campaign in the history of our race. A portion of the human race has advanced technologically so far beyond the rest of us --- and is attributing various things to aliens as a way of managing their resulting risk---that we have become as aliens to each other. To fully understand this scenario, we need to try to understand the use of individual mind control such as criminal hypnosis to effect financial and government fraud and corruption and the truth, whatever it is, of wider subliminal programming and brainwashing. These are slippery subjects for most people to deal with unless they have the training and ability to do so.
% PROBABILITY SCENARIO #1 IS TRUE ______ (You fill in)
SCENARIO #2 --- HOLY COW!: Aliens exist and live among us. Planet earth is subject to the politics, economics and laws and/or lawlessness of a larger system or systems. The transfer of advanced technology into a society that has not evolved governance and legal systems to manage a world with the presence of such technology and the influence of such other system(s) helps to explain current events. To fully understand this scenario, we must also try to understand the use of individual mind control such as criminal hypnosis to effect financial and government fraud and corruption and the truth, whatever it is, of wide subliminal programming and brainwashing. Again, these are slippery subjects for most people to deal with unless they have the training and ability to do so.
% PROBABILITY SCENARIO #2 IS TRUE ______ (You fill in)
3. SCENARIO #3 --- MUDDLED: Some combination of (1) and (2) above.
% PROBABILITY SCENARIO #3 IS TRUE ______ (You fill in)
TOTAL % PROBABILITY OF SCENARIOS #1,2 & 3 BEING TRUE 100%
Could my experiences with Arlington and the Navy or any subsequent contacts fit with a disinformation scenario? Absolutely. I have no evidence to support any scenario. The only evidence I believe I have is my experience dealing with tremendous amounts of money siphoned off over the years, whether through Iran-Contra S&L, HUD and BCCI fraud, or the latest round of money missing from the federal government in the last five years. This is all documented in the articles below. This cash flow and the operations and syndicates it appears to fund are important to what drives the governance and allocation of resources in this country and around the globe. There is a reason that power and money are centralizing and the rich are getting richer. I want to know what it is.
Whichever scenario is true ---and I do not know which one is ---- if we had the truth it will help us grapple with 9-11 and the War on Terrorism. It would also help us better understand all the efforts to press for centralization of economic and political power that have grown as the black budget has grown since WWII. The reality is the possibilities of why 9-11 occurred and how it was operationalized are impacted by the facts of the US black budget and the advanced technology it has developed. Why would sane and even decent people think it was the best option for the good of the whole?
We must sit in the shoes of the person or people who gave the order ---whoever they may be and wherever they may be ---- and understand how their power and money worked. Why would a group with the operational and financial capacity to effect a 9-11 operation give the green light to plan 9-11, finance 9-11, do 9-11, stand down so 9-11 could happen, take advantage of 9-11 or to make sure the truth was not illuminated?
My experience in Washington and Wall Street would indicate that there is a reasonable chance that all these various people and many in the food chain Are Not Bad Or Irrational People. That is, we have a better chance of finding the truth if for purposes of our explorations we assume that the people involved in all these roles were people like you and me --- just with a different map of certain parts of the world and dealing with a variety of stress and pressures trying to build cooperation or achieve goals that we do not understand.
Watching the federal government contract announcements and without benefit of seeing the full budget and assuming The Disclosure Project allegations regarding the estimates of the black budget size, if I had to guess today my guess would be that 9-11 has been highly successful in permitting the black budget to be moved on budget, partly in the normal budget and partly in the budget that is only disclosed to the Congressional intelligence committees.
The solution to continued growth and funding of the black budget may have been to steal as much money and assets as possible from the federal budget and then to move the black budget on budget when control of media, Congress, Justice and Securities & Exchange Commission ensured that the legal budget was non-transparent, controlled by private government contractors and could not be harmed or fiddled with by Congress. (See various stories on the disappearance of over $3.3 trillion from the federal government from fiscal 1998-2001 http://www.scoop.co.nz/mason/stories/HL0207/S00031.htm#a ) Grossly oversimplified, by the end of the 2004 fiscal year, covert operations and the black budget may be fully legal, run and controlled by corporations and banks without interference from knowledgable career civil service, taxpayer funded, and non-transparent.
Why do I say all of this? We do not have time to pay attention to people who use smears like "conspiracy theorist" to waste our time. Money, budgets, finance...these are all facts. If something does not work, and it continues to not work, there is a reason. Systems have a logic. They have a rationale. Money helps explain and illuminate that rationale. Anyone who would smear a serious researcher or writer for trying to understand where a great deal of money is disappearing to as a "conspiracy theorist" is someone who would never be taken seriously or associated with in the circles in which I travel. The exception is if the person doing the smearing is a professional being paid to smear those who have the scent of "the real deal" --- Cointelpro or related public relations. The number of people paid to do such things are many and growing.
9-11 was an operation that was implemented by a conspiracy. To get to the bottom of what happened and why one must develop and use conspiracy theories to research in what can only be described as a conspiracy reality. We know in regards to 9-11 one of two scenarios must be true ---- some portion of the US military and intelligence are (i) complicit and/or (ii) guilty of criminal gross negligence. We also know that the official story is not truthful. Either scenario and the reality of the official story beg the question, "why?" This course always leads us to consider the fact that US military and intelligence have enjoyed significant expansion of their budgets and powers as a result of 9-11. We are rewarding failure. 9-11 was great for business. Lockheed Martin's stock is up over 50% in a falling stock market. The oil companies have their pipeline.
When a system does not work and continues to not work, there is something that prevents its learning. Ultimately what we must understand that the problem is not that the system does not work and that it is not learning. The problem is that the system is controlled and operated by the most powerful forces in that system and that the system is indeed working and learning in the general direction they want it to go. This happens in a manner that is highly organic and requires lots of planning, trial and error and factionalism that involves competition and cooperation over time in the pursuit of the system's real goals. Hence, the system is working and is learning. It is our construct that is wrong. We do not understand the system and the goals of the system. Once we are clear that the system is working and is learning, once we stop falling back on scapegoating as a technique to explain events, we can start to understand the real system that we are a part of. This is how power and money work in reality.
The amount of money and power spent to keep the general population from understanding this --- and focused on things like scapegoating which keep us from building a good map of "the real deal" or gaining the power to impact events by using our money and time as a vote in the marketplace in which the banks and corporations must thrive ----is immense. That is why I strongly encourage reading Jon Rappoport's back interviews on his Infomonster and becoming a subscriber for his ongoing interviews.
For those would like to know more, I would refer you to articles on all the money missing from the US Treasury and the manipulation of the gold markets as well as the Disclosure Project video of their event at the National Press Club. You can find them on the web. As for me, I do not have the answers. I wish I did. That is why I am so appreciative of efforts like UnAnswered Questions (http://www.unansweredquestions.org) and the effort of researchers networking and collaborating globally to illuminate, research and answer the right questions.
Let me close with the unanswered questions with which I began and which I believe are critical to our ongoing collaboration:
1. WHAT HAS BEEN THE SIZE OF THE U. S. BLACK BUDGET OVER THE LAST 50 YEARS?
2. WHAT ARE THE SOURCES AND USES OF FUNDS IN THE BLACK BUDGET?
3. WHO GOVERNS AND MANAGES THE BLACK BUDGET BUDGET AND OPERATIONS?
4. WHY HAVE SO MANY DECENT PEOPLE SUPPORTED AN ILLEGAL BLACK BUDGET OPERATION OF SUCH MAGNITUDE FOR SO LONG?
5. IS THE WAR ON TERRORISM MOVING THE BLACK BUDGET ON BUDGET?
*************************
Anti©opyright 2002, Catherine Austin Fitts Solari PO Box 157 Hickory Valley, TN 38042 www.solari.com catherine@solari.com
*************************
Catherine Austin Fitts is the President of Solari, Inc., a former Assistant Secretary of Housing – Federal Housing Commissioner in the first Bush Administration and a former partner and member of the board of Dillon, Read & Co. Inc and President of Hamilton Securities. She is a member of the advisory board of Sanders Research Associates http://www.sandersresearch.com/ in London and publishes a column in Scoop Media in New Zealand http://www.scoop.co.nz/ called The Real Deal. Links to all her articles can be found at: http://www.solari.com/gideon/articles%20by%20caf.htm
STANDARD DISCLAIMER FROM UQ.ORG: UnansweredQuestions.org does not necessarily endorse the views expressed in the above article. We present this in the interests of research - for the relevant information we believe it contains. We hope that the reader finds in it inspiration to work with us further, in helping to build bridges between our various investigative communities, towards a greater, common understanding of the unanswered questions which now lie before us.
         

A Tapeworm’s Triumph

http://solari.com/archive/the-american-tapeworm/ 
A Tapeworm’s Triumph
The other day, a natural healing practitioner explained the strategy used by a tapeworm to prosper. A tapeworm, she said, injected a chemical into its host that triggered a craving by the host for what the tapeworm wished for its dinner. By managing it’s hosts desire, a tapeworm manipulated its host to set aside self-interest and please its parasite. And so the tapeworm proceeded to consume its host’s energy and health, with the host doing most of the work.
The story of how a tapeworm parasitically eats away at its ecosystem came at a moment when the math lover in me was having an adverse reaction to the description of America as the new Roman Empire that seems to be inspired by the recent occupation of Iraq. The investment economics of American imperial conquest work more along the lines of the tapeworm than of the Romans.
If my rudimentary understanding of the rise and fall of ancient empires is useful, the Roman Empire brought an advancement of science, infrastructure, technology and material progress to many of the poorer lands that it conquered. In essence, Rome’s territory grew in part from its ability to increase the ‘return on investment” of many of the places it conquered.
While those who believe in self-determination may not approve of the Romans right to do so, or their methods, those of us who appreciate roads, bridges and infrastructure understand the positive investment yields that the introduction of intellectual capital to a place can generate. From one point of view, Rome financed its conquests not just by ransacking them --- but by making places smarter in the material sense.
The tapeworm -- a parasite that over time eats its host ---can more accurately describe the demonic patterns of stripping places of intellectual capital that come with American imperial conquest. The “dumbing down” so often complained about within America’s borders is a phenomenon that our military appears to be implementing globally. We seem intent on removing spiritual power and intellectual IQ as we depopulate globally, moving out the honest and competent and putting the corrupt and bureaucratic in charge.
One of the things that is most disturbing about the American tapeworm is that it has organized its leadership around private banks and defense contractors and its governance and intellectual air cover around think tanks and private universities and their tax-exempt endowments.
In so doing it has done a marvelous job of getting the intellectual resources of the nation disengaged from dealing with what is happening and engaged –if not financially dependent on--- producing chemicals for injection into the body politic through a highly centralized corporate media that will feed the tapeworm's desire.
The Harvard Watch reports description of Harvard academics creating the public policy justifications for Enron's frauds while the Harvard endowment fed at the trough illuminated a perfect example of how the tapeworm gets the host to act against its own self-interest.
The “Break It-Fix It” Subsidy of a Negative Return on Investment Economy
For several years, I have been studying and writing on the corporate and banking economic warfare model of globalization. Just from a case study of one private investor, Pug Winokur, and his investments in and with DynCorp, Enron and Harvard, examples abound.
  • US neighborhoods are overrun with narcotics trafficking and HUD financial fraud while systematically worked by enforcement, seizure and War on Drugs teams supported by DynCorp and generating profits for the Harvard Endowment;
  • Latin American pipelines, water and other assets are sold for significant discounts to market value to Enron and other multinational investors while DynCorp helps War on Drugs military teams move peasants off the lands;
  • Russian banks and pension funds are emptied out by organized crime and laundered through NY Fed member banks while Harvard as financial advisor helps privatize Russian oil companies over to their endowment investment network;
  • DynCorp personnel supplying police and aircraft maintenance are active with local mafia in Eastern Europe and practice buying and selling children as slaves which they use for sex;
  • $3.3 trillion is missing from the Department of Defense and the Department of Housing Development where Lockheed, DynCorp & AMS are active managing computer systems and Harvard supplies appointees and contract services.
  • Manipulation of the gold markets by the US Treasury and NY Fed member banks are led by Larry Summers, Secretary of the Treasury, and now President of Harvard and his predecessor Robert Rubin, Secretary of Treasury, and now member of the Harvard Corporation Board.
These shenanigans are well documented by a series of courageous reporters and market commentators, including Anne Williamson, Greg Palast, Kelly O’Meara, William Murphy and Chris Sanders.
This tapeworm operates globally. It has been winning at economic warfare because those opposed to it cannot see it clearly and are not yet networked globally to move people, places and capital out of its reach. My pastor, Bishop Alfred Owens, says, “If we can face it, God can fix it.” Indeed, divine authority is hamstrung-- waiting for the necessary global networks to align around a common map of the real deal about global consolidation of economic and political power --- and the resulting liquidation of wealth.
This tapeworm is managed tightly by the cartels that syndicate around central banking and warfare and it has four phases:
  • Phase One--Break It: Private syndicates make money destroying a place through organized crime, covert operations, warfare or a variety of both;
  • Phase Two- Buy It: The profit generated from breaking it is used to buy or seize “legal control” at a discount;
  • Phase Three- Fix It: Government funding, credit and subsidies are then used to “fix it” while harvesting remaining assets, including with narcotics trafficking, sex slavery and any other form of liquidating the human, intellectual, environmental and physical capital in a place:
  • Phase Four—Declare Victory: Victory is then declared and a flow of foundation and academic grants funded by the “break it-fix it” profits generate awards, photo opportunities and official archives and documentation for the perpetrators to be admired for their bringing of advanced civilization to the natives.
What emerges from an investment banker’s analysis of billions of transactions involved in situation after situation, in place after place, in year after year, is surprisingly simple.
We are watching a global first world economy that has a negative return on investment.
For example, in 1997 I lead an analysis of US federal expenditures and credit activities in the Philadelphia area for a group of US pension fund leaders. After analysis of the detailed data resulting from $10 billion of government reengineering and $400 billion of federal credit portfolio strategy managed by my company, the evidence was overwhelming ---the federal investment in Philadelphia had a negative return on investment. In short, government budgets were rigging profits and income for companies and people in the area. After each year of government investment, Philadelphia spent more time doing things that were fundamentally not productive and so had been paid to grow “stupider.”
The deterioration in environment, culture, infrastructure and quality of life in Philadelphia that was obvious from walking around the city matched the numbers rather than the spin in the corporate news that the economy was doing well. Equity yields were falling steadily and only cooked government and corporate books could make it look otherwise. The primary thing on the rise was the smugness of the leaders of Philadelphia institutions as their success at covert management and personal “personnel benefits” grew ever stronger.
The Giant Sucking Sound as the Tapeworm Consumes Global Capital
Another way of saying this is that the banking and corporate model as currently constituted does not work. Banks and corporations are entirely dependent on rigged government budgets, government contracts, federal credit arbitrage and corrupt regulation in way that generates a negative return on investment for taxpayers. In addition, as corporations and banks become dependent on such government intervention they become progressively less able to function in a free market. Their culture becomes progressively soviet.
The combination of negative returns to taxpayers and increasingly non-market worthy private organizations is steadily lowering productivity. Add to this the increasingly power of organized crime as a % of GNP and a determinant of who sits in power on Wall Street and Washington, and fundamental productivity does not have a chance.
This state of affairs can go on as long as it can be financed. Hence, as long as America can continue to export dollars, export Treasury bills and mortgage backed and other federally supported credit, and lead in global organized crime and warfare, a negative return economy can continue.
Another way to say this is that rather than let markets adjust in a manner that would hold banks and corporations accountable, the central banks and military and enforcement machinery will guarantee markets by offsetting ever less productivity with ever greater amounts of debt and the liquidation of planetary assets – people, places, and all living things.
Which leads us to Iraq.
The Tapeworm Ransacking of Iraq
The economic desperation that lead up to the invasion of Iraq has been eloquently described by Chris Sanders of Sanders Research Associates and fits the patterns that SRA colleague, John Laughland and his colleagues at the British Helskinki Human Rights Group, have documented in Eastern Europe. Assuming the patterns that we have seen throughout the world apply, that tapeworm’s economic desperation will feed on Iraq as follows:
  • The first meal to be harvested on Iraq is the profits of invasion -- from government contracts and arms trafficking to media coverage.
  • The second meal to be harvested on Iraq is the resulting control of assets, including gold, oil, bank accounts and antiquities. Iraq will be stripped, shipped, or otherwise switched to new ownership. Occupiers will use Iraqi assets to leverage more debt that generates more contracts and business for the inside companies. The antiquities in Iraq and this area of the world have a special meaning and attraction for the American and British leadership networks so don't underestimate the value of these. The gold bugs at LeMetropole Café reported that the Americans have captured $1 billion of gold which was quite relevant as the NY Fed Banks particularly JP Morgan, Goldman, Citibank, are running significant short positions to suppress the gold price. Such a replenishment of their stocks (or the US Treasury who they may be trading on the account of -- they usually simply move the shorts over to the taxpayers on all these types of situations) will be quite refreshing.
  • The third meal on Iraq to be harvested will be occupation management. If Eastern Europe is representative, America will partner with local and global organized crime and other intelligence agencies to significantly increase organized crime profits from the place. Attractive children will be culled from the population for shipment to Europe and other areas for sex slavery and pedophilia. Narcotics trafficking will increase as it has in Afghanistan. The award to CSC DynCorp of a $500 million sole source contract to run police, courts and judiciary in Iraq is an important signal. My question after years of research is whether CSC DynCorp’s core competencies relates to enforcement infrastructure designed for places with growing financial fraud, narcotics trafficking, sex slavery and control of leadership through "control files.” These are the talents that America needs to strip mine the assets to feed its economic desperation.
  • The fourth meal to be harvested on Iraq will be fixing it and declaring victory. This will involve significant government contracts to bring Western Civilization as defined by building those things that ensure the assets that the private corporations and investors have now acquired have the largest increase in value at no expense to themselves. A careful analysis will show expenditure rations in the soviet style—that is we will spend much more than necessary to get anything done. The banks will acquire an entirely new market. Critical to the fixing it phase is the financing of the occupation with the requirement that Iraq use the US dollar. We will print dollars and the Iraqi’s will use them. This is free financing for us. Next will come the payback for the not for profit groups. Because Christianity is an essential political support base for legitimizing the de-population of the Moslem territories, a flow of resources to the right church groups to support an expansion of their missionary ministries is likely. Progressive groups will bid for contracts to bring the rule of law and economic development and things like “the rights of women.” There will be a flow of money from foundations and universities to study how to help Iraq and to justify what we are doing.
As the corporations and banks are digesting Iraq, the American tapeworm will be setting its sights for the next meal. The money will be flowing to the right think tanks, academia and media apparatus for the preparation of the next injection into the body politic.
The lethal combination of a debt based financial system, falling productivity and the absence of meaningful feedback systems means that the magic of compound interest will dictate that the American tapeworm’s hunger for more capital is accelerating.
Where is the Tapeworm’s Brain?
The great mystery in all of this is who is really in charge. On one hand, we are watching an official action of the American governmental apparatus. On the other hand, that governmental apparatus is now run by the private companies and banks that operate the apparatus accounts and systems and finance its ever-growing debts. The investors behind these entities are global, not American. This is not a picture of a sovereign government or leaders loyal to the American people. A review of global insurance risk positions, debt and capital markets would show more about who is managing what than American politics. Indeed, Greg Palast of the BBC has proved beyond a shadow of a doubt that Bush lost the election – something of no practical consequence thanks to the Supreme Court and the corporate media.
The tapeworm is in control and eating into the people of America as it is eating into the people of Iraq. Federal accounts are missing $3.3 trillion, pension funds have been stripped by pump and dump stock fraud and neighborhoods are overrun with narcotics trafficking. There are increasingly numbers of American citizens who have more in common with the people of Iraq than with the leadership of Wall Street and Washington.
With the takeover of American digital data by defense contractors and banks managing governmental functions, economic warfare takes on a whole new meaning. What is supposed to be private is not as those in the know have total access. What is supposed to be transparent is private, except for those in the know who are free to use it to advantage. With total defense contractor information awareness, people can be adjusted to ensure that markets do not have to adjust.
The American tapeworm is a symptom that the central banking-warfare model that has created the supremacy of the English-speaking people since the time of Queen Elizabeth I is dying. It is dying not because it is wrong but because it is weak. It is dying because --- like a tapeworm – it has begun to create a rapidly weaker system. Hence it is incumbent upon the English-speaking people to reinvent themselves by engaging globally to invent a new model.
Yet, the opportunity to move to a new model requires the ability to see where we are and to outline a vision to those in the system that there is hope. Doing so becomes progressively more important as who is in charge is less important than how many of us are dependent for our bread and butter on a negative return on investment economy as it tapeworms its way towards planetary extinction --- and all of us with it.
In short, the primary problem is not that the folks in charge are centralizing wealth in a destructive way or that some have too much money. That’s a problem – but a secondary one. The problem is that from the point of view of the dolphins, the plants and the trees, the planet is worse off for the presence of humans.
All solutions are found when we realize that this is something you and I can correct without wasting more time trying to find someone in charge of the tapeworm to persuade them to change its ways. It can’t change --- its too busy finding food to feed all of us.

Project Hammer - Covert Finance And The Parallel Economy

Project Hammer - Covert Finance
And The Parallel Economy
By David G. Guyatt © 2001
c/- NEXUS Office 55 Queens Road
East Grinstead, W. Sussex RH19 1BG United Kingdom
 
David Guyatt goldbug@goldbug99.freeserve.co.uk
David Guyatt www.deepblacklies.co.uk
 
Extracted from Nexus Magazine
Volume 9, Number 1 December-January 2002

The off-ledger trading programs operated by some central and international banks launder massive amounts of money and provide vast sums to fund covert 'black budget' projects.
 
 
PART ONE
 
Project Hammer is all about money. Stupendous great gobs of money. So much money, in fact, that it will challenge whatever reality you thought you had about the over-world of banking, finance and economics. It is also about the nether world of international banking and finance, a world that is said not to exist in reality. But exist it does.
 
More often than not, this never-never-land of international banking is concealed from public view by the judicious use of two sets of books. It is also eclipsed from interested investigators by a never-ending series of real frauds that result in arrest and imprisonment of numerous scam artists. This creates the clever illusion that the only thing going on are artful scams designed to fleece the unwary.
 
Such swindles fall under the general category of High Yield Investment Programs, Front End Fee frauds and Prime Bank Note schemes. Numerous law enforcement cases such as these, when twinned with dire "beware" warnings published on FBI, US Treasury and other websites, easily lead one to conclude that there are no such things as "real" trading programs. And the powers that be don't at all object to this conclusion being reached. It is the old case of hiding trees in a forest.
 
A key point to keep to the fore in what follows is that trading programs operate "off ledger". That is to say, the banks and central banks that operate them run two sets of books: one set for public scrutiny, and another set for private viewing only. Another fact to bear in mind is that authorised programs generate quite spectacular profits for very little--in fact, minuscule--risk, and those who are invited to participate as funders accumulate capital at a shockingly rapid rate. One reason, perhaps, why the wealthy get altogether wealthier as the poor sink ever lower into the mire of poverty.
 
The financial, banking and economic shadow-world in which Project Hammer lived, breathed and manufactured money "out of thin air" is the dirty little secret of the Western economy. It is a form of money creation that is effectively unchallenged by any form of oversight or accountability as we understand it. Hammer and numerous other transactions like it are based on what are known as Collateral Trading Programs, although many other descriptive names and terms are also used.1
 
The reason for such programs is to create vast pools of ready money that are earmarked for use in sanctioned (authorised) operations and projects. On the plus side, many beneficial projects throughout the world get funded as a result of program trading. On the negative side, there are more shadowy projects. Included in the latter category are certain black operations.
 
The amalgamated pool of funds created and now held in dormant and orphaned bank accounts runs to trillions of dollars, according to insiders. At the low end of estimates, there is believed to be enough to pay off the US national debt plus some change. At the higher end, estimates range up to hundreds of trillions of dollars. I have been repeatedly told, almost matter-of-factly, that the higher estimates are closer to the truth. I simply don't know how big the sums amount to, but I can document US$12 trillion. This sum is revealed in the late Baron Krupp papers that form part of the exhibits of the companion volume to dossier The Secret Gold Treaty (http://www.deepblacklies.co.uk).
 
Many different sources say that programs are also used to launder money by spinning it through a program cycle until it is pristine clean. Drugs, guns and the usual array of dirty money transactions are said to feature.
 
Since US dollars are the cornerstone of all program activity, Uncle Sam naturally gets a bite of the action. A percentage of the proceeds is collected via private tax treaties negotiated with offshore entities. These treaties also help to shield the reality of these programs from public awareness. There are unsubstantiated rumours that some of the tax take occasionally gets "diverted" for altogether private purposes. It is an allegation that is impossible to stand up, however.
 
London and Zurich are key centres for program activity, although transactions are usually booked through offshore entities. London and Zurich are also gold centres, and more than one credible source confirms that "black" gold forms an important part of program trading activity. There are also good reasons to suppose that part of Uncle Sam's share of trading profits is credited to the Exchange Stabilisation Fund. Here it is pooled with other funds and used to shore-up the American economy by--amongst other manoeuvres--manipulating the gold price to keep it below a predetermined price.
 
Trading programs are the preserve of many governments, their treasury departments and the top international banks which by their very nature have the necessary mechanisms in place to enable trading to take place efficiently and secretly. Banks from G7 nations dominate.
 
It follows, therefore, that a number of problems occur as a consequence of the multijurisdictional nature of supervision; and although safeguards are in place to ensure that "clean" money is fed into the system, this doesn't always happen. Funds of suspect origin do enter the system and are made pristine clean by this form of paper alchemy.
 
Large sums of black gold, cash or other forms of convertible assets are used as "collateral" to initiate trading programs. There are also certain classes of government-issued treasury notes and bonds that are privately lodged with major Western banks. These "treasuries" are never meant to see the light of day, but are in turn used by major banks to back the issuance of their own bank debentures "off ledger" in substantially leveraged amounts that can run into tens of trillions of dollars--or their foreign currency equivalents.
 
In turn, this bank "paper" is traded in pre-arranged "buy/sell" transactions at steep discounts (cents on the dollar) off the face value of the issued bank debentures. The trading of the paper between banks--using proxies--is arranged and coordinated so that the traded obligations effectively "wash out" or are otherwise cancelled, although other scenarios exist where issued paper is purchased at a fair market value and held to maturity. In the past, trading was paper-based, but today everything is electronic "screen-based" and consequently the credits traded have a life of milliseconds.
 
The difference between the buy-and-sell price--usually known as the "spread" (in the case of Hammer, this was said to be many percentage points)--generates a "fallout", a term that implies profit. In other transactions, most notably "Jacobe", the spread was represented to be at least 10% on a planned face value issuance of US$27.5 trillion, according to documents I have seen. This would have created a fallout of US$2.75 trillion. However, for reasons yet unknown to this writer, it seems that the Jacobe program, privately hailed as the largest program "ever put together", was--for reasons that are still inexplicable--only two-thirds completed.
 
Less grand, but just as interesting in other respects, was the fallout from Project Hammer, which is said to have totalled over US$220 billion. In fact, the precise sum is US$223,104,000,008.03.2
 
 
 
THE NUGAN HAND BANK CONNECTION
 
One of the central characters associated with Project Hammer was Brigadier General Erle Cocke. Back in 1966, Cocke, along with his sleeping partner General Eugene Phillips, established the Washington-based consultancy firm Cocke & Phillips International. This was at the height of the Vietnam War, and just a few months after Cold Warrior Paul H. Nitze issued the directive authorising the establishment of the US Navy's clandestine intelligence collection program more commonly known as "Task Force 157".
 
TF 157 would later feature in the Nugan Hand Bank affair exposed by Wall Street Journal investigative reporter Jonathan Kwitny in his book The Crimes of Patriots. Task Force 157 came to an end on the instruction of Admiral Bobby Ray Inman, once he discovered the full involvement of "rogue" CIA agent Edwin Wilson in the Task Force. Wilson was responsible for so much intrigue and illegality that one could shake a stick at it. He was eventually arrested, tried and imprisoned--where he remains to this day, fighting for release. Many now believe that he was working on orders from above but in a deniable role and was cynically sacrificed to save other more prominent players.
 
During his investigation, Jonathan Kwitny learned that General Erle Cocke ran Nugan Hand Bank's Washington office. Cocke's partner General Phillips denied this, saying they had merely rented office space to Nugan Hand Inc.'s Hawaii President, General Edward Black--a former OSS, CIA and senior military officer. This proved to be untrue, however. Kwitny learned that papers filed with the US Treasury listed General Cocke as the "person in charge" of Nugan Hand's Washington office. Cocke claimed that someone else must have filed these papers without his knowledge or consent.
 
In April 2000, Cocke gave a deposition running to 67 pages concerning his knowledge and involvement in Project Hammer. Ten days later he died from pancreatic cancer. His explosive deposition reveals him as a very significant and highly connected player in a world few of us are familiar with.
 
Cocke fought in three wars: World War II, Korea and Vietnam. During WWII he was an artillery officer and a division staff officer and was a POW under the Germans. He worked for General MacArthur during the Korean War and for General Westmoreland in the Vietnam War. Highly decorated for his service, he was awarded a Silver Star, a Bronze Star and cluster, a Purple Heart with three clusters, a Croix de Guerre plus the Légion d'honneur from France, and a Medal of Honour from The Philippines. He was the youngest National Commander of the American Legion and, prior to his death, became the oldest National Commander. In addition he was distinguished by the Red Cross with the medal Cruz Roja, and he was made an Honourable Comrade of the Nationalist Chinese Air Force.
 
Cocke was a Shriner Mason of many years' standing (he held a semi-official voluntary position for that organisation) and a Grand Commander of the Knights of Malta--the secretive Vatican order that boasts numerous members who serve, or are closely affiliated with, Western intelligence and military services. Intriguingly, he claimed to have been the first Protestant "in 1200 years to be so honoured".
 
In 1959 and again in 1960 he was a member of the US delegation to the General Assembly of the United Nations, holding the rank (and pay grade) of Ambassador. After that, he was the first fulltime US Alternate Executive Director of the World Bank, a position he held for four years from 1961&endash;64. Pressed about this in more detail by his questioner, a Washington attorney, Cocke responded by saying:
 
"At that time I owned 28 percent of the stock and, of course, I had all kinds of people in the Treasury tell me what to do. Don't get me wrong, I made all the decisions. But I was the executor, I was the delivery."
 
He also confirmed that he had worked for every US President:
 
"...from Truman to date. At some stage of the game I worked for all of them. I have to admit that some of them were very minor chores and others were important."
 
In addition to his many abilities and accomplishments listed above, Erle Cocke was above all other things a banker--a profession that ran in the family. His great-grandfather put a bank "together in 1867", which was then the only bank in Georgia. His grandfather founded a bank in about 1890, and his father was President of Fulton National Bank (which became Bank of America) and was at one time the President of the American Bankers Association and Chairman of the Federal Deposit Insurance Corporation (FDIC).
 
Asked about his own knowledge of banking, Cocke said he had taken all the normal banking courses, and added:
 
"I understand banking. I can teach banking--you understand what I am saying--at the college level."
 
This banking expertise was at the core of his firm, Cocke & Phillips International, which began life as a:
 
"...normal American firm, lobbying firm, here in Washington, and we grew into banking particularly. The UN contacts and the World Bank contacts--sometimes they help those people for 10 years."
 
In a similar vein, he undertook all sorts of "chores" for some of the government intelligence agencies. He explained this as follows:
 
"One thing is if they trusted you, they practically came in and said, 'What do I do?' I mean, you didn't argue with them. You sort of proceeded with the program and gave them a few choices, of course. But [they] practically always followed what we did. I was administrator, arbitrator. I was [the] moderator, bringing people together."
 
Asked if that experience "would be true in the financial and banking world in particular", Cocke replied:
 
"Oh, yes. I have been able to close things that other people can't close."
 
As we shall see, Cocke's ability to "close" things other people could not close did not extend to Project Hammer--a financial operation that, according to Cocke, deeply involved Citibank and its Chairman, John Reed. Cocke said he could get to see any President without any trouble, but complained that he could not get to meet John Reed.
 
 
 
COLLATERAL DAMAGE
 
Having briefly examined General Cocke's background, let's now return to that stupendous sum of "black" money mentioned earlier. For purposes of clarity, this amount was referenced in Erle Cocke's deposition. If, as we have said, this amount was stealthily "magicked" into being as a result of an exotic form of financial smoke and mirrors, the question is: where did it go?
 
According to Cocke, this sum was lodged in "30-some odd accounts together". Asked where these accounts were located, Cocke responded by saying, "In almost one solid block at Citibank".
 
General Cocke's questioner then asked: "Would they have been in control of Mr Reed?"--meaning former Citibank CEO and Chairman John Reed.
 
Cocke responded as follows, in this exchange with the attorney: A. Probably not all because there were so many different participants involved, and in different locations, countries, that I would say no, he did not have complete control, but everybody recognized it wouldn't be settled until it got to him. Q. And these were, you say, accounts for various people around the world? A. Yes. Q. Produced as a result of what? A. Well, most of them figured that greed in particular was mighty high. And, if they put up this amount of money, then I am going to get this kind of money coming back. That's the way practically all of it was. I hate to use the word "sole", but "present" might be a better word. Q. Were these accounts for the benefit of people who had engaged in some kind of trading program? A. They were all to get in the trading program. I haven't found anybody that didn't go in wanting to increase their income and their greed in the highest bracket if they could possibly put up money. Q. What I am understanding from you is that whatever these individuals, corporate entities, or even government...they believed, apparently by putting these funds with Citibank as part of this effort, they would then receive later down the road a pay-off? A. That is correct. Q. As a result of Citibank's management of these funds, is that fair to say? A. Yes, basically the whole trading bloc in a nutshell.
 
During the course of his deposition, General Cocke was asked if he knew who "created" Hammer "to begin with". He admitted that he didn't know and was even reluctant to make a guess, but added that whoever set it in motion "had to have been somebody at a pretty high level". He then made the interesting observation that whoever it was who had authorised it, "the original structure" had "obviously got way out of proportion as time went by". The implication was that some of the money--the fallout--got diverted from its original intention.
 
More than a few of those involved in Project Hammer at various levels have told me that they believe some of the pool of money created by the Hammer project was "diverted" and used to rescue many of the world's major banks, which by the very end of the 1980s faced insolvency following reckless lending policies throughout the late 1970s and early/middle 1980s. It is certainly true that at that time many major banks like Citibank, HSBC, Chase, BoNY and others stood teetering on the very brink of disaster.
 
Another view is one that has been expressed by Daniel Hughes, of Hughes Oil Company, a Florida-based corporation. Hughes had been heavily involved in finding collateral to place in a number of trading programs over several years. This cost him tens of thousands of dollars, since most of these were illegitimate rather than genuine. It is a fate that waits for untold thousands of unsuspecting investors who step into this shadowy realm unprepared.
 
Even so, it seems that Hughes did play a part in attempting to place collateral in Project Hammer. He believes that the funds diverted from Project Hammer ended up in a CIA-controlled Swiss bank account in the name of the late Howard Hughes. On the basis of years of investigation, Daniel Hughes believes that Project Hammer involved the trading of US$13.6 trillion in debentures, resulting in a "fallout" of about US$1.1 trillion which was stashed in the Howard Hughes account in Credit Suisse. Whilst there is no hard corroboration in support of this claim, it remains an intriguing possibility. More so, for in his deposition General Cocke indicated that black money generated by trading programs might be hidden in dormant accounts, and a Howard Hughes account set up 30 years ago would clearly fall into that category.
 
According to Erle Cocke plus others I have spoken with, Project Hammer began life as an authorised but secretive trading program aimed at repatriating dollar assets that dated back several decades. Cocke confirms this when he was asked what the overall objectives of Project Hammer were:
 
"Well, it was mainly to bring monies back to the United States from all types of activities, both legitimately and illegitimately. Not that they were in the smuggling business per se, but they were all in the arms business; they were all retracing dollars of one description or another that had accumulated all through the '40s and '50s really. And that probably is as broad a definition as I can give you. And all kinds of nationalities were involved, all kinds of people were involvedÉ"
 
Cocke was then asked who would have been behind the Hammer project. Would it, the questioner asked, have involved "various agencies of the US Government"?
 
"Yes. Obviously the CIA, the FBI, the national security agencies of all types, Pentagon in the broadest sense of it and as such, and the Treasury, Federal Reserve. Nobody got out of the act, everybody wanted to get in the act."
 
But there were numerous other entities involved in Project Hammer. None more so than the world's big bank, as is made clear by the following exchange: Q. What other banks and financial institutions were involved in it? A. Well, if they were, they were still as a correspondent to CitibankÉ
 
 
"Correspondent", in the sense General Cocke's uses this term, means one bank's account maintained at another bank. This is used to handle money transfers between both banks, and it very often denotes a "special relationship" between the the banks concerned. The questioner then asked: Q. Do you know which of those would be involved? Was Chase Manhattan one? A. I am sure that every big bank in every major country at some stage of the game had some of this pass by them. They had a chance to refuse, or they had a chance to take it up.
 
 
 
CITIBANK, "THE CHEESE"
 
Cocke was then asked who the "dominant participant" was in "terms of running this project, this vast project". The General is in no doubt about his reply when he says that, based on his own investigation, it was "Citibank of New York, in both their Athens, Greece, office and in their New York City office". He also acknowledged that Hammer was part of "an ongoing long-term kind of project".
 
Cocke went on to reveal that Citibank were "Égoing to be the trustees. They were going to be running the program. They were going to be the disbursing agency. They were the cheese."
 
Asked to identify which principal officer in Citibank handled Project Hammer, Cocke responded that "from all records, communications and contacts, John Reed was Vice President, but he was the lone coordinator, for a better word".
 
Reed, who was Citibank's President and Chairman during this period, has formally denied his involvement in Project Hammer. In a deposition sworn in December 2000, Reed stated that he had "no recognition or knowledge of anything purportedly known as Project Hammer". Nor did he have "any recognition or knowledge" of any person named Erle Cocke. His deposition goes on to list a number of other items, people and allegations that he also had "no recognition or knowledge" about.
 
For their part, Citibank, in a letter dated December 12, 2000, state that they "never issued commercial instruments on the basis of its possession of quantities of gold made available to it by agencies of the US Government and the Federal Reserve in order to ensure the solvency of Citibank in the '80s and other bullion banks".
 
This denial, although emphatic, is interesting. Research shows that gold recovered by the forerunner to the CIA--the Office of Strategic Services (OSS)--was deposited in Citibank (and many other banks, too), not in the name of the OSS or CIA but in the name of one of their operatives, Severino Garcia Santa Romana.
 
On his death in 1974, some--but not all--of Romana's "assets" appear to have been illegally acquired by former Philippines President Ferdinand Marcos, who was at one time Santa Romana's attorney. According to Santa Romana's widow, her husband gave Marcos a limited Power of Attorney for use solely in the Philippines, since he travelled abroad regularly. It seems that Marcos somehow made use of this to gain control over Santa Romana's gold and other assets.
 
It also appears likely, based on documents in this writer's possession, that considerable quantities of gold once held by Santa Romana were later placed under the control of former CIA covert operator Major-General Edward Lansdale. However, these assets were lodged with the Union Bank of Switzerland. Again, it is worthy of note that they were placed in Ed Lansdale's name, not in the name of a US Government agency. These assets are very clearly off the books.
 
Large quantities of gold held by Citibank remained in the account names of Severino Garcia Sta. Romana and José Antonio Diaz de la Paz (the latter being a well-known alias for Santa Romana) under reference codes "Fanerst King Fisher" and "Burgst Harbor King" respectively.3 These have been the subject of a legal wrangle between Santa Romana's heirs and Citibank's John Reed.
 
The fact that the gold held by Citibank and others may not have been in the name of the Central Intelligence Agency or the Federal Reserve--but, rather, was in Santa Romana's name--may have been all Citibank needed to wriggle out of a poorly crafted question.
 
___
 
Continued in next issue here: http://www.nexusmagazine.com/hammer2.html
 
Endnotes
 
1. Other terms that have been used are: Credit Enhancement Business; and Capital Accumulation & Structured Debt Programs. 2. Others involved believe this sum represents a part of the fallout from the Jacobe transaction, and not Hammer. 3. This information is drawn from a letter dated December 20, 1995, from C. E. (Jim) Brown (the second husband of Santa Romana's widow, Luz), addressed to the US Justice Department. Sta. Romana also used J. Antonio Diaz as another alias. In fact, he used many different names and entities to conduct his business.
 
About the Author
 
Following a 28-year career in investment banking (member, AIBD) based in the City of London, David Guyatt's last position was Associate Director and Treasurer of the forfaiting (an arcane banking term meaning "to discount without recourse") division of a major international bank. David is married with three children and now pursues a career in journalism, writing for a variety of media and researching and producing factual material on awide range of associated subjects. This is his ninth article for NEXUS, the most recent ones published in 8/01 and 7/05. In addition to his feature writing, David has prepared background papers on Anti-Personnel Electromagnetic Weapons for the International Committee of the Red Cross (ICRC), was a contributing member of ICRC's SIrUS Project that sought to define criteria for judging "abhorrent weapons", and has written for the World Development Movement on his "insider's knowledge" of international weapons financing. He has been a consultant on Swiss and UK TV documentaries exposing the threat of non-lethal weapons and Britain's weapons trail to Indonesia. He is presently assisting the US-based law firm Easton & Levy in its lawsuit against the Vatican for the restitution of the Nazi Croatian Treasury which was illicitly transferred to the Vatican and elsewhere at the end of World War II. David has recently completed an in-depth investigation into the black market of gold and has published it as an electronic book, The Secret Gold Treaty, available through his home page www.deepblacklies.co.uk. ___
 
Extracted from Nexus Magazine, Volume 9, Number 1 (December-January 2002) PO Box 30, Mapleton Qld 4560 Australia. editor@nexusmagazine.com Telephone: +61 (0)7 5442 9280; Fax: +61 (0)7 5442 9381 From our web page at: www.nexusmagazine.com                          http://rense.com/general20/proj.htm