Dr. Wilhelm Reich: Scientific Genius or Medical Madman?

Monday, July 1, 2013 16:59

(Before It's News)

Alan Cantwell, Jr., M.D., New Dawn
Waking Times

In my medical research into the infectious cause and origin of cancer, I never imagined I would become enmeshed in the strange world of Wilhelm Reich. For two decades I had studied the work of scientists linking bacteria to cancer, but never once did I come across Reich’s important experiments with the deadly “T-bacilli” that he discovered in cancer.
I first learned about Reich in 1982 from Lorraine Rosenthal who heads the Cancer Control Society in Los Angeles. Her mother worked in his laboratory in the 1950s, and Lorraine was sure his cancer work was related to my cancer microbe research. She recommended I read Reich’s two most revolutionary books: The Bion Experiments on the Origin of Life (1938) and The Cancer Biopathy (1948). These two volumes provide valuable and fascinating insights into the origin of the cancer cell and his discovery of cancer “T” bacteria.
During his life, Reich was portrayed as a mad psychiatrist and scientist who advocated free love, abortion, communism, and a multitude of other so-called perversions. The medical establishment regarded him as quack who tried to dupe the public into believing he had a cure for cancer. Eventually the US government took legal action to suppress Reich’s research, and the closing years of his life were filled with tragedy. Persecuted and hounded by the government, he was finally sacrificed on the altar of science.
Who was Wilhelm Reich? And why was he condemned for his beliefs? Was he merely a crack-pot psychiatrist? Or was he one of the greatest and most misunderstood scientific geniuses of the twentieth century?
Reich’s Sex Experiments and Orgone Energy
Reich was born on March 24, 1897, on a small farm on the eastern outreaches of the Austro-Hungarian empire in what is now known as the Ukraine. At age twelve his childhood was shattered by his mother’s suicide. Provoked by marital unhappiness and infidelity, and beatings by her husband, she swallowed a kitchen poison. Reich watched her die a slow and agonising death. His father died of tuberculosis in 1914, and twelve years later his only brother also died of TB. Orphaned at age 17, Reich entered the Austrian army and experienced the brutality of World War One and the ensuing breakup of the Austro-Hungarian Empire.
After the war he resumed his studies in Vienna and entered medical school. He was a brilliant student who developed a strong liking for the new speciality of psychiatry. At age twenty-three he became one of Sigmund Freud’s prized associates and began private practice as an analytic psychiatrist.
As a pioneer in the study of human sexuality, he used novel experimental methods to examine, analyse and measure various aspects of physical lovemaking. He concluded that the ability to love was dependent on one’s physical ability to make love with “orgastic potency.” Reich coined this term to denote a kind of super-lovemaking in which the mental, physical and emotional aspects of sexuality were all functioning at a high level. Experimenting with electrical stimulation of erogenous zones, he showed that sexual feelings of touch, pleasure, and pain could all be measured in the laboratory.
The physiologic process of erection of the male penis provided the beginning formula for Reich’s great scientific discoveries. Before male orgasm, he noted four distinct and separate processes that had to take place physiologically. First is the necessary psychosexual build-up or “tension.” Second, the “charge” that accompanies tumescence of the penis, which Reich measured electrically. Third, the electrical “discharge” at the moment of orgasm. And fourth, the final “relaxation” of the penis.
Reich observed these four essential stages (tension, build-up, discharge and relaxation) in all aspects of life forms he examined. In the orgasm process of sex, he discovered a unique energetic life force that pervaded all nature. Reich named this force “orgone energy.”
With Freud’s professional support, Reich quickly rose to the highest ranks of academia. His classic book,Character Analysis (1933), recounts his original contributions to psychiatry and introduces Reich’s novel concept of “body armoring.” Reich discovered that unreleased psychosexual energy could produce actual physical “blocks” within the muscles and organs of the body. These blocks act as an unfortunate “armor” preventing the release of blocked sexual energy. The orgasm, along with the convulsive body spasms which accompany orgasm, is the mechanism through which “orgone energy” is released by the body.
Reich believed a healthy and loving sex life is everyone’s right. In fact, he considered a good sex life absolutely necessary for the proper functioning of the body. He stressed that the social and political ills of the world stemmed largely from society’s repression of sexuality. This repression leads to unhappiness, depression, and the inability to express joyous sexual love. For countless people the sexual energy is blocked because of personal body armoring. As a result of this armoring, such people often fall victim to various aspects of the “emotional plague.”
In his practice of analytic psychiatry Reich broke with tradition. Instead of sitting passively, notebook in hand while his patients talked, Reich took an active role in the therapy. He frequently touched his patients, felt their chests for breathing, and repositioned their bodies. Sometimes he badgered and goaded them to physical action. In order to observe their body response during analysis, he sometimes insisted that all or part of the clothing be removed. Men were often reduced to shorts; women to bra and panties. Reich’s colleagues publicly protested against these unorthodox and radical psychiatric practices, and his most vociferous opponents accused him of immorality.
Reich, Communism and the Nazis
As a young man in post-war Vienna during the 1920s and 30s, Reich was active politically. Disliking the anti-sexual right-wing conservatives and repelled by the fanaticism of the fascists, he migrated to Marxism and the sexual freedom proclaimed by the communists. Although Reich was a sex expert, his expertise did not carry over to the state of matrimony. In 1922 he married Annie Pink, a psychiatrist. Their first child Eva was born in 1924, and a second daughter in 1928. No matter how hard he tried, it was impossible for Reich to conform to marital convention and the marriage was chaotic.
In his writings the outspoken Reich went so far as to propose that a series of romantic relationships (“serial monogamy”) was a better alternative to marriage. In The Function of the Orgasm (1927) he declared: “Marriage is only one of the many issues where social scientists go astray, especially since they fail to see marriage for what it really is – a sexual union, based primarily on genital love. They prefer to ignore that fact and merely view it as an economic union or means to perpetuate the human race. Actually very few people marry for money or to have children; marriages of today really limit peoples’ freedom and may lead to economic deprivation.”
For professional, political, and social reasons, Reich moved his practice to Berlin in 1930. He joined the German Communist party, convinced the sexual freedoms of Marxism would liberate the common man and foster his mental health. As a spokesman for the Party, Reich advocated free contraceptives, birth control, abortion on demand, and sex education in schools.
By 1933, Reich’s marriage was on the rocks and he was already in another passionate love relationship. The German communists were increasingly disenchanted with the controversial Reich due to some of his outrageous ideas on sexual-political matters. The Party finally expelled him. He was also in a career crisis. His psychiatric writings and left-wing political activities became progressively more out of tune with Freud’s ideas and their relationship cooled considerably. In a supreme blow to Reich’s career, the Psychiatric Association revoked his membership.
All this personal turbulence was compounded by the rise of Hitler and Nazism. The Nazi press damned Reich as a radical psychiatrist, an anti-Nazi communist, a womaniser, and a Jew. Berlin was no longer safe. Disguised as a tourist on a ski trip to Austria, he luckily got out of the city by the skin of his teeth.
Returning to Vienna, he soon realised he was no longer professionally welcome there either. He emigrated to Denmark but soon became embroiled in disputes with Danish communists. From there, he relocated to Sweden, but was again harassed by the authorities. Finally, through the help of Norwegian colleagues, he secured residence in Oslo, where he had a new laboratory and enough money to continue his research.
By 1934 Reich’s divorce was finalised. Escaping the Nazis, Annie and his children resettled in Austria. Reich was madly in love with Elsa Lindenberg who had dutifully followed him in his exodus to Austria, Denmark, Sweden, and finally to Norway. In Norway he was determined to continue his research into the orgone life force that he had discovered in his orgasm experiments.
The Bion Experiments and the Origin of Life
His experiments began simply by close microscopic examinations of the smallest form of cell life known to man: the so-called “protozoa.” Reich marveled at the squirming amoebae that developed from his grass and water “infusions.” Swimming in his microscopic preparations, the one-celled organisms were seemingly structureless blobs, yet they were also exceedingly complex forms that ate, digested, contracted, expelled, and multiplied. He playfully applied a small electric current and watched the protozoa contract and elongate.
During the years 1934-1937 Reich was totally absorbed in his experiments on the origin of life. His preparations consisted of infusions of various substances, such as grass, beach sand, earth, coal, iron fillings and animal tissue. He tested various combinations and added potassium, gelatin and other biochemicals to the mixtures. Boiling the preparations resulted in a marked increase in the number of “vesicles” that could be cultured.
After much experimentation, Reich concluded the cultured vesicles were intermediate “transitional” forms which were “midway between life and non-life.” “Dead” inorganic substances (such as sand, earth, and coal) gave birth to vesicles which pulsed with life. Reich named these energetic vesicles “bions.” He suspected bions were a heretofore unrecognised elementary stage of life.
After cooling the boiled bion cultures, he poured some of the boiled material onto laboratory nutrient culture media designed to grow ordinary bacteria. An unbelievable phenomenon resulted: the boiled bion cultures gave birth to peculiar-looking bacteria, and amoeboe!
To eliminate the possibility of contamination, Reich heated the cultures to the intense, flaming, glowing temperatures of incandescence (150 degrees Centigrade), and repeatedly sterilised his lab culture media by autoclaving it at a high temperature (180 degrees Centigrade) and pressure. At the time it was thought no known bacteria or any other life forms could possible survive such a high temperature and pressure.
Reich believed he had discovered an indestructible life force that defied death. He concluded: Bions are preliminary stages of life; they are transitional forms from the inorganic and non-motile – to the organic, motile, and culturable state.
When Reich’s The Bion Experiments On the Origin of Life was published in Oslo in 1938, the book created a furore. His critics latched onto one paragraph in the book that intimated Reich might have inadvertently found a cancer cure. Reich wrote that preliminary studies showed bion-like structures could be cultured from human blood and “bion research proved particularly fruitful for an understanding of cancer.” He was attacked by the scientific and lay press as a “Jew pornographer” who was tinkering with life and promoting a quack cancer cure.
Instead of discouraging him, the attacks lured him deeper and deeper into orgone research. Reich was determined to prove, beyond doubt, the reality of the new life energy forms he had discovered.
The T-Bacilli, Cancer and Reich’s Bions
The unfair accusations surrounding the publication of The Bion Experiments goaded Reich into trying to solve the mystery of cancer. Weeks earlier he had placed some sterile cancer tissue (provided by the surgeons at a local hospital) into flasks containing liquid nutrient broth. Now in his anger, he scurried around to retrieve the bottles. To his astonishment, “all these cultures showed a green-blue coloration. Taking material from the margin, [Reich] inoculated a new agar plate and saw, for the first time, the T-bacilli, the discovery of which would help break down the mystery surrounding the cancer problem.”
The finding of bacteria in cancer filled Reich with a curious mixture of fear and awe. With fear because he knew that solving the secrets of cancer would be a Herculean task, further antagonising the medical establishment against him. With awe, because he intuitively knew these bacilli were involved in the agonising cancer deaths that affected countless millions. After much study, Reich named his newly-discovered cancer microbes “T” bacilli, after the German word “Tod”, meaning death.
The years 1934-1937 in Norway were Reich’s happiest. The bion work was exceedingly productive, and he was deeply in love with Elsa Lindenberg. In August 1938, Hitler annexed Austria. Miraculously, Annie and his children had emigrated to America the month before. Reich’s lingering presence in Norway increasingly angered the authorities, and the newspaper attacks against him were unrelenting.
Aggravated by depression and bouts of jealously and pettiness, his relationship with Elsa cooled. An American colleague strongly urged Reich to emigrate to the United States. In August 1939, on the last boat to leave Norway before the war, Reich left for America. Half-heartedly he had asked Elsa to come, but their tempestuous love affair was over and beyond repair. By this time Reich was also completely disillusioned with the communists and their false promises and their perversion of Marx’s humanitarian ideals. Never again would their philosophy interest him, and he became an ardent anti-communist.
When he embarked for America, Wilhelm Reich was no longer young. He was 42 years old and he would again be a stranger in a strange land. He rented a house in Forest Hills, Long Island, and soon began a new love affair with Ilse Ollendorf, who was extremely helpful in assisting him with his research. They were married in 1946 and Ilse bore him a son, Peter.
The cancer work continued with the T-bacilli proving to be the key to the origin of cancer. Reich’s experiments showed that all life contains orgone energy and when this energy diminishes in the cells, either through injury or aging, the cells undergo a death process that Reich termed “bionous degeneration.” As a consequence of this degeneration, the deadly T-bacilli begin to form in the cells.
Reich could demonstrate these bacteria microscopically in living (and unstained) cancer cells. Cultures of T-bacilli injected into mice caused inflammation and eventual death from cancer. The T-bacilli that formed in the cells provoked a reaction in the tissues resulting in the formation of vesicular swellings. Microscopically, these vesicles gave off a bluish glow, and Reich called them “blue PA bions” because they resembled the clumped “PAcket” bions that were experimentally produced when he heated substances (such as grass and coal) to high temperatures.
In degenerating cancerous tissue, the blue PA bions seriously affected the orgone energy of the cells. In other mouse experiments, Reich injected blue bions into the tissue and observed the resulting cancerous cell changes and the development of actual protozoa. These cancerous changes were similar to what had occurred in Reich’s earliest experiments during the death process of cut blades of grass immersed in his water infusions. First the tissue cells swelled and formed vesicles; and eventually transformed into protozoa.
Reich found that cancer cells have less orgone energy than normal, healthy cells. As the energy-depleted cancer cells break down and degenerate into T-bacilli, putrefaction of the body occurs. It is the overwhelming infection with T-bacilli and the massive breakdown of cancer tissue that causes most deaths from cancer. Cancer is literally death in the living body.
Reich discovered T-bacilli not only in the cancer tumours, but also in the blood, the body fluids, and the excreta of cancer patients. He originally thought the T-bacillus was the specific infectious agent of cancer. But these cancer microbes were eventually found by Reich in persons with other diseases – and Reich also observed the T-bacilli in the blood and excreta of normal healthy people!
The blood of cancer patients produced T-bacilli easily and quickly. In contrast, normal blood produced the bacilli slowly. Reich concluded “the disposition to cancer is therefore determined by the biological resistance of the blood and the tissues to putrefaction. This biological resistance, in turn, is itself determined by the orgone energy content of the blood and tissues, which is to say, by the organotic potency of the organism.”
Reich in America, the Oranur Experiment, and Orgone Energy
Reich’s early years in America were comparatively quiet compared to his turbulent years in Europe, but his biomedical activities did not go unnoticed by the authorities. In December 1941, under the guise of subversive activity, the FBI arrested Reich and detained him at Ellis Island for three weeks. The exact reasons for the arrest were never made clear, but the harrowing experience further embittered him against his real and imagined enemies.
Along with his cancer discoveries, Reich had first noticed biological energy radiating from a beach sand bion culture in his Oslo lab back in January 1939. Now, in America, Reich would follow his hunches that would lead him to discover a new energy pervading the entire planet.
Reich and his lab co-workers frequently experienced headaches, irritability, and other unpleasant psychological and physical effects when working with certain radioactive bion cultures. It was theorised the beach sand had absorbed considerable quantities of radiation from the sun. When the sand was experimentally heated to incandescence (1,500 degrees Centigrade), Reich believed the solar radiation energy contained within the sand was released. Whatever the reason, there was no doubt orgone radiation was real and bion cultures had to be handled with extreme care because of their radioactivity.
In July 1940 Reich discovered orgone energy in the atmosphere! In order to study the effects of this radiation, he designed a specially-constructed box to house and concentrate this energy. Boxes were constructed to house lab animals. Eventually larger boxes were constructed in which a person could sit comfortably. Reich was interested in determining the effect of atmospheric orgone energy on humans, particularly persons with far-advanced and incurable forms of cancer.
It was this “orgone accumulator box” and its use in human cancer experimentation that caused the US Food and Drug Administration (FDA) to begin an intensive investigation of Reich’s scientific activities in the late 1940s. There were all sorts of rumours that the accumulator was a “sex box” which induced uncontrollable erections and stirred up intense and immoral sexual passions. As a result, Reich was harassed and intimidated by the authorities. Condemnatory articles in the professional and lay press added fuel to the fire by alluding to Reich’s mental problems and his sex-tinged research.
In the early 1940s Reich bought a summer house and acreage in Maine. He dearly loved the clean air, the clarity of the atmosphere, and the peacefulness of the place. A research lab was eventually built on the site, and in 1950 he moved permanently to the site he named Organon. He was fifty-three years old and tired of the stress of his psychoanalytic practice. Over the years his continuing practice had helped tremendously to support Reich’s studies and family, but now he wished to devote the remaining years of his life exclusively to orgone research.
At Organon a dangerous experiment began. Reich was deeply concerned with the planetary dangers unleashed by atomic warfare at Hiroshima and Nagasaki, and in the early 1950s it was feared the Korean War might provoke another nuclear holocaust. Reich believed orgone energy could be harnessed as a possible antidote for nuclear radiation. He began testing the effects of orgone energy (OR) on nuclear energy (NR), and named the experiment “Oranur.”
During the Oranur experiment, radioactive radium was brought to Reich’s lab and housed in a special room containing orgone energy. The slow mixing of the two energies produced a nuclear chain reaction with devastating consequences. As a result of this nuclear accident, Reich learned that nuclear energy drastically changes orgone energy – converting it into “deadly orgone energy” (DOR). The laboratory accident seriously affected the physical, mental, and emotional health of Reich and his co-workers and necessitated a complete shut down of the lab until the dangerous radiation levels cleared.
Reich’s daughter, Eva, almost died in the mishap. Eva had been estranged from her father for years, but after finishing medical school, she joined him at Organon to help with the Oranur experiment. The stressful changes wrought by Oranur, and the increasing harassment by the FDA, put Reich under great pressure. He was never quite the same again.
The experiment undoubtedly contributed to Reich’s worsening relationship with Ilse. The marriage become more and more stormy as he tormented Ilse with accusations of infidelity and was physically abusive. Few people understood the clinical nature of feelings and emotions better than Reich; and yet he could be cruel, unyielding, and insanely jealous in his love relationships. He preached sexual freedom for all but he practised a sexual double standard in marriage that allowed him to be unfaithful, but never his mate.
While Reich was immersed in the problems of Oranur, Ilse developed uterine cancer. She was convinced her cancer was connected with the radiation experiments at Organon. While she convalesced from surgery, Reich cruelly filed for divorce. After it was finalised in September 1951, he began another relationship. The following month he suffered a major heart attack.
According to David Boadella’s biography of Reich, “The Oranur experiment had exposed Reich and all those who worked with him to severe strains. The remainder of his life was to be devoted to working on the many problems that the atmospheric chain reaction provoked by Oranur opened up, and it was particularly unfortunate for Reich that just at the time when he was struggling to cope with the dislocation to the normal activities of the Institute, he should become victim of a sustained campaign to belittle, discredit and attack his work on many fronts.”
Reich’s Trial, Book Burning and Imprisonment
Despite constant attacks by the FDA, Reich pursued his experiments undaunted. He built a “cloud buster” in order to affect the orgone energy in the atmosphere. In the Arizona desert he induced rain by forcing clouds to form and disperse. Like a god, he began to control the forces of nature, as no one before him had ever done.
He was convinced the scientific world would recognise the value of his work and would appreciate the great benefit orgone energy could bring mankind. Long before such subjects were popular, Reich was concerned about toxic waste, nuclear energy, and planetary pollution; he knew their detrimental and damaging effects on the atmospheric orgone energy. He was sure the FDA would never destroy his research which held so much promise for the planet and its healing. Reich also had implicit faith in the fairness of the American legal system. He fully believed that American justice would never allow his important work to be discontinued.
Whether from ignorance or arrogance, or both, Reich severely underestimated the power of the FDA and the campaign against him. In February 1954 the FDA issued an injunction forbidding the interstate shipment of orgone accumulators. The injunction also denied the existence of orgone energy, and proclaimed all Reich’s books and publications were promotional materials for the worthless accumulator.
As demanded by the terms of the injunction, Reich foolishly refused to appear in court. He was adamant his scientific work could never be properly argued or evaluated in court. His legal counsel pleaded with him to reconsider, but he stood firm in his position. His unyielding decision had disastrous consequences. The FDA won the injunction by default.
The legal maneuverings culminated in a trial that took place in Portland, Maine, in May 1956. Reich was arrested in Washington, DC, on contempt of court charges, and was forcibly brought to Portland in chains. His refusal to cooperate with the court did not bode well with the judge.
Time was running out for Reich. Years earlier he had been abandoned by the psychoanalytic establishment. The communists drummed him out of the Party, and the Nazis wanted him dead. He had offended the Austrians, the Danes, the Swedes and the Norwegians. Now the Americans would have the opportunity to destroy the mad psychiatrist and his new god of orgone.
Reich was finally done in. He had played into the hands of his enemies, and now they had him where they wanted him. Reich was sentenced to two years in federal prison.
Before imprisonment, the FDA had its final vengeance. On June 5, 1956, FDA officials came to Organon. Reich and his young son Peter watched in silence as the federal officials axed the accumulators. On June 26, Reich’s many books and journals at Organon were burned by government authorities. On August 23 in New York City the final destruction of Reich’s literature took place. Six tons of books, journals and papers were burned in a scientific holocaust. And not a single major newspaper in the Land of the Free protested this unprecedented action, so reminiscent of Nazi Germany.
In early March 1957 Reich was imprisoned at Danbury Federal Prison. The psychiatrist who examined Reich recorded the diagnosis: “Paranoia manifested by delusions of grandiosity and persecution and ideas of reference.” A few weeks later, Reich was transferred to the federal penitentiary in Lewisburg, Pennsylvania.
The United States government won. Officially, orgone energy did not exist. Reich was certified as a mentally ill, quack psychiatrist who tried to foist a sex box and a cancer cure on the American public. The Reich affair was terminated.
In his prison cell towards the end of October he began to feel poorly, but he was afraid to bring the matter to the attention of the prison officials. He told friends that his jailers would try to kill him in prison, and believed he would never get out alive. On November 3, 1957, Reich was found dead in his cell, an apparent victim of a heart attack.
Reich’s Scientific Legacy
The body was taken to Organon for burial. A small band of loyal followers, including Ilse, Eva, and Peter, paid their last respects. Elsworth Baker, M.D., who had studied with Reich for eleven years, gave the eulogy. “Friends, we are here to say farewell, a last farewell to Wilhelm Reich. Once in a thousand years, nay once in two thousand years, such a man comes upon this earth to change the destiny of the human race. As with all great men, distortion, falsehood, and persecution followed him. He met them all until an organised conspiracy sent him to prison and there killed him.”
Years later, Dr. Baker also wrote: “Reich’s attitude, in fact his entire life, was unconventional and as difficult for the world to understand as were his discoveries. Many legends, probably even religions, will develop about him. Already, some people look upon him as a superman who could not err, or as a spaceman come to earth; others have rationalised and written articles attempting to prove him insane, a charlatan, or a fraud, He was very human, natural, and open, and foremost, a great and genuine scientist. He could be as soft and warm as a summer breeze or as violent and angry as a thunderstorm.”
Was he a genius or a madman? For those who consider Reich an enemy of the people, his official sins are duly recorded in the dusty archives of office buildings in Vienna, Berlin, Copenhagen, Oslo and Washington. For those willing to take the time to investigate Reich’s writings, a different sort of man emerges.
It is my feeling that Reich desperately wanted to show the world God existed in the realm of the orgone. Through the study of orgonomy, Reich believed man and science could prove, beyond doubt, that God is real. Like God, the orgone is indestructible. And like God, orgone energy exists everywhere in the universe. Man’s spirit constantly reflects the orgone, eternally imbued with new life rising from the ashes of death.
Almost a half-century after his death, his scientific legacy persists. Reichian (Orgone) therapy is practised by some psychiatrists and psychologists. The American College of Orgonomy publishes the Journal of Orgonomy devoted to his work, and maintains a web site (www.orgonomy.org). Reich’s laboratory and burial place at Organon is now a Museum with a bookstore open to the public. Cloud-busting followers like Jim DeMeo have established an Orgone Biophysical Research Laboratory in Ashland, Oregon. The lab conducts yearly seminars reproducing Reich’s bion experiments and demonstrating Reich’s blood test procedures.
Reich’s T-bacilli are obviously connected to still controversial and current bacteriologic findings of so-called nanobacteria, pleomorphic bacteria, cell-wall-deficient bacteria, and mycoplasma. In addition, newly discovered bacteria have been found in the blood of all human beings. All of these microbial life forms have been implicated as possible cancer-causing and disease-causing agents.
In some ways Reich was childlike and surprisingly naïve. His downfall was overestimating the goodness of science; and underestimating the dark forces of science. In human terms, he paid for this error with his life.
Science, as we know it, is becoming increasingly “dark.” As this new century begins, scientists continue to discover all sorts of new ways to kill mass numbers of people and other living things with chemical, biological, and nuclear warfare. Perhaps it is time to take another look at Reich’s discoveries and his dream to harness orgone energy for planetary healing. Rather than automatically placing Dr. Wilhelm Reich in the trash bin of medical science, he might eventually prove to be the most inventive and far-sighted physician-scientist of the twentieth century.

About the Author

Dr. ALAN CANTWELL is the author of two books on the man-made AIDS epidemic: AIDS and the Doctors of Death and Queer Blood, both available from www.amazon.com and Book Clearing House in the US @ 1-800-431-1579. Email: alanrcan@aol.com Website:www.ariesrisingpress.com.
References:
Baker EF: “My eleven years with Reich”. Journal of Orgonomy 18:155-171, 1984.
Boadella D: Wilhelm Reich: The Evolution of His Work. Vision Press, Chicago, 1973.
Cantwell AR, Blasband RA: “Bionous tissue disintegration in AIDS”. Journal of Orgonomy 22:220-228, 1988.
Cantwell AR: The Cancer Microbe. Aries Rising Press, Los Angeles, 1990.
Cantwell AR: “Bionous breakdown in degenerative disease”. Journal of Orgonomy 25:191-202, 1991.
Cantwell AR: “Bacteria, cancer and the origin of life”. New Dawn, November 2003, pp 71-76.
Reich W: The Bion Experiments on the Origin of Life. Ferrar, Straus and Giroux, New York, 1979.
Reich W: The Cancer Biopathy. Ferrar, Straus and Giroux, NY, 1973.
Reich W: Passion of Youth; An Autobiography, 1897-1922. Ferrar, Straus and Giroux, New York, 1988.
Sharaf MR: Fury On Earth: A Biography of Wilhelm Reich. St. Martin’s Press/Marek, New York, 1983.
The above article appeared in New Dawn No. 84 (May-June 2004).
© Copyright New Dawn Magazine, http://www.newdawnmagazine.com. Permission granted to freely distribute this article for non-commercial purposes if unedited and copied in full, including this notice.
© Copyright New Dawn Magazine, http://www.newdawnmagazine.com. Permission to re-send, post and place on web sites for non-commercial purposes, and if shown only in its entirety with no changes or additions. This notice must accompany all re-posting.

~~ Help Waking Times to raise the vibration by sharing this article with the buttons below…
The post Dr. Wilhelm Reich: Scientific Genius or Medical Madman? appeared first on Waking Times.


Source: http://www.wakingtimes.com/2013/07/01/dr-wilhelm-reich-scientific-genius-or-medical-madman/

Boston Bombing Suspect Dzhokhar Tsarnaev Wrongfully Indicted

By Stephen Lendman

Global Research, July 01, 2013

Theme: Law and Justice, Police State & Civil Rights

On June 27, federal grand jurors indicted him on 30 counts.

Charges include:

• “use of a weapon of mass destruction resulting in death and conspiracy;

• bombing of a place of public use resulting in death and conspiracy;

• malicious destruction of property resulting in death and conspiracy;

• use of a firearm during and in relation to a crime of violence;

• use of a firearm during and in relation to a crime of violence causing death;

• carjacking resulting in serious bodily injury;

• interference with commerce by threats or violence; and

• aiding and abetting.”

Tsarnaev also faces 15 Massachusetts charges.

Murder, Inc. is official US policy. Previous articles explained. State-sponsored assassins kill.

They include FBI, CIA, DEA, police, and private military contractor operatives.

They’re responsible for Boston Marathon bombings state terror. The official story’s false. It doesn’t wash. They killed killed Tamerlan Tsarnaev. He and Dzhokhar were set up. They were convenient patsies.

An image showed Tamerlan trying to surrender. He was lying prone with his arms outstretched. He held no weapon. None was near him. No blood was visible. He was murdered in cold blood. His body was riddled with bullets from head to toe.

Dzhokhar likely tried to surrender. Local and/or federal assassins tried to kill him. He was shot multiple times. He survived. A throat wound prevented him from speaking for weeks.

In late May, he did so for the first time. He called his mother in Dagastan. They had an emotional six-minute conversation. His wounds are healing. He can walk. He’s much better now. He said he and Tamerlan are innocent.

They were set up. Police, FBI, other federal agencies, and private military contractor firm Clarity International bear full responsibility.

Obama heads rogue US governance. Justice is a four-letter word. Attorney General Eric Holder subverts it. He shames the office he holds. He does so in defense of privilege.

He enforces police state harshness. He defends the indefensible. He persecutes innocent victims. He wrongfully charges them. He reflects gross injustice. He belongs in prison, not high office.

“This indictment is the result of exemplary cooperation between federal prosecutors and a wide range of federal, state, and local law enforcement agencies to investigate the horrific attacks on the Boston Marathon two months ago,” he said.

“The department is firmly committed to achieving justice on behalf of all who were affected by these senseless acts of violence.”

“And today’s action proves our unyielding resolve to hold accountable – to the fullest extent of the law – anyone who would threaten the American people or attempt to terrorize our great cities.”

“I would like to thank our law enforcement partners, the FBI, the Department’s National Security Division, the US Attorney’s Office for the District of Massachusetts, and every investigator, agent, officer, attorney, analyst, and support staff member whose courage and commitment continues to make our communities and our nation safer.”

FBI head Robert Mueller exceeds the worst of J. Edgar Hoover. Rule of law principles don’t matter. They vanished entirely on his watch.

He’s involved in unprecedented mass surveillance. He’s perhaps responsible for all US terror plots. He entraps victims lawlessly. They’re falsely charged. They’re hung out to dry for state-sponsored crimes.

He wages war on Islam. He targeted numerous innocent Muslims.They’re convenient US “enemies.” They’re vulnerable. They’re guilty only of being in America at the wrong time. They committed no crimes. They’re falsely charged. They’re wrongfully imprisoned.

Praying to the wrong god is dangerous. In America, it’s not tolerated. It risks persecution, false charges, prosecution, conviction and imprisonment. Victims are tortured. Some are murdered in cold blood.

“Today’s indictment is the result of the dedicated and collective efforts of law enforcement and intelligence partners, working with a sense of urgency and purpose to find those responsible for these deadly attacks,” said Mueller.

“These continuing efforts reflect the pursuit of justice for those who lost their lives and for the scores of individuals who were injured.”

Dzhokhar’s indictment reflects police state injustice. It’s harsh and unconscionable. He’s wrongfully charged. Allegations claim he and Tamerlan “conspired to use improvised explosive devices (IEDs) against people, property, and places of public use.”

It claims they did so among Boston Marathon spectators. Two bombs detonated moments apart. Three deaths resulted. Others were injured.

“The indictment alleges that the IEDs were constructed from pressure cookers, explosive powder, shrapnel, adhesives, and other items and were designed to shred skin, shatter bone, and cause extreme pain and suffering, as well as death.”

It falsely claims both brothers “armed with five IEDs, a Ruger P95 semi-automatic handgun, ammunition, a machete, and a hunting knife, drove in their Honda Civic to the MIT campus, where they shot MIT Police Officer Sean Collier and attempted to steal his service weapon.”

It charges them with Collier’s death. They had nothing to do with it. They’re falsely accused of “carjack(ing) a Mercedes and kidnapp(ing) the driver and forc(ing) him to drive to a gas station, robbing him of $800 along the way.”

Allegedly the driver escaped. How wasn’t explained. The entire story was invented. It’s untrue. It doesn’t wash.

It alleges both brothers drove to Watertown. Why there wasn’t explained. They lived in Cambridge. Police allegedly tried to arrest them.

Their allegations only are told. Truth and full disclosure’s suppressed. Lies, damn lies, and state-sponsored viciousness substitute. Media scoundrels go along. They repeat what demands condemnation. Doing so assures court of public opinion conviction.

DOJ claims both brothers fired at police and “used four additional IEDs against them.” They allegedly drove their vehicle “directly at” police. Claiming it reads like bad fiction.

You can’t make this stuff up. Authorities do out of whole cloth. It’s done repeatedly. It’s done to convict. Victims are hung out to dry. They’re made to pay for state-sponsored crimes.

It’s happens often. Thousands of political prisoners fill America’s gulag. It’s the world’s largest. It’s the shame of the nation.

It holds society’s most disadvantaged. Corporate crooks and state-sponsored ones remain free. They plunder, ravage and murder egregiously. They do so with impunity.

They do it with the full faith, blessing, and encouragement of government. They do so maliciously. They do it willfully. They do it shamelessly. They do it repeatedly. They do it unapologetically. Innocent victims face false accusations. It’s the American way.

Seventeen charges against Dzhokhar call for life in prison or capital punishment. Others authorize five years to life. On July 10, he’ll be arraigned. He’s already guilty by accusation.

US-style justice works that way. Trials are rigged. They’re pro forma. Hanging judges preside. Jurors are intimidated to convict. Innocent victims are helpless.

Justice is systematically denied. It’s a four-letter word. Police states operate this way. America’s by far the worst. Dzhokhar at best faces life imprisonment.

He’ll likely endure Supermax harshness. Perhaps in isolation. So-called “ultramax” cells have virtually no human contact, not even with guards.

They’re for prisoners called “the worst of the worst.” Allegedly they’re considered too dangerous for general population circulation. They’re for ones America imposes unconscionable harshness. It reflects monstrous viciousness.

DOJ’s National Institute of Corrections calls Supermax prisons “highly restrictive, high-custody housing units within a secure facility.”
They “isolate inmates from the general prison population and from each other due to grievous crimes, repetitive assaultive or violent institutional behavior, the threat of escape or actual escape from high-custody facilit(ies), or inciting or threatening to incite disturbances in a correctional institution.”
States have their own facilities. Florence, CO is America’s sole federal one. It’s called “the Harvard” of US prisons. It’s easier to get into. It’s virtually impossible to escape.
They cost two to three times more than conventional prisons. They feature high-tech security. Walls, floors, ceilings and doors are built out of reinforced materials.
State-of-the-art electronic systems minimize or prevent guard-inmate contact. Moving prisoners requires multiple officers.
They’re confined in windowless single cells 23 hours a day. They measure about 7 by 12 feet. They have a shower and concrete bed.
They have virtually no work, social contact, education, recreation, rehabilitation or personal privacy.
They’re electronically monitored 24 hours a day. Many have no human contact. Others have little. They spend years up to life this way.
It’s intolerable. It violates Eight Amendment protection. It’s cruel and unusual punishment. It destroys mind, body and spirit.
Prisoners experience severe anxiety, panic attacks, lethargy, insomnia, nightmares, dizziness, irrational anger, confusion, memory and appetite loss, hallucinations, suicidal thoughts, paranoia, and profound despair and hopelessness.

They’re entombed. They’re caged like wild animals. Normal prisoners become sociopaths. Strong-willed ones break. Longterm isolation creates monsters. Many suffer irreversible trauma. Some go mad.

Dzhokhar’s future looks grim. Conviction is certain. He’ll join America’s living dead. He’ll do so out of sight and mind. Innocence can’t save him. US-style criminal injustice works this way.

Stephen Lendman lives in Chicago. He can be reached at lendmanstephen@sbcglobal.net.

His new book is titled “Banker Occupation: Waging Financial War on Humanity.”

http://www.claritypress.com/LendmanII.html

Visit his blog site at sjlendman.blogspot.com.

Listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network.

It airs Fridays at 10AM US Central time and Saturdays and Sundays at noon. All programs are archived for easy listening.

http://www.progressiveradionetwork.com/the-progressive-news-hour

http://www.dailycensored.com/dzhokhar-tsarnaev-wrongfully-indicted/

Trouble never seems to end for Cleveland Browns owner Jimmy Haslam: Terry Pluto

It's been a rough 2013 so far for Cleveland Browns owner Jimmy Haslam. (Wade Payne, Associated Press)

By Terry Pluto, The Plain Dealer

on June 30, 2013 at 6:39 PM, updated June 30, 2013 at 6:46 PM

http://www.cleveland.com/pluto/index.ssf/2013/06/trouble_never_seems_to_end_for.html

Pilot Flying J Investigation

• Trouble never seems to end for Cleveland Browns owner Jimmy Haslam: Terry Pluto
• Cleveland Browns owner Jimmy Haslam selling Tennessee Smokies minor-league baseball team
• Pilot Flying J's top executives knew about scheme involving rebates, former employee tells prosecutors
• Three more Pilot Flying J workers plead guilty in federal investigation
• More Pilot Flying J employees plead guilty in federal investigation

CLEVELAND, Ohio -- Nearly every week there is a something in the news that makes me wonder how Jimmy Haslam will be able to be the long-term owner of the Browns.
The latest is a report in the Wall Street Journal that Haslam's Pilot Flying J has about $4 billion in debt and its credit rating has been "downgraded."
Obviously, Haslam has a lot of assets, including about 600 truck stops and the Browns. But you like the owner of your team to have a steady cash flow and not a mountain of legal concerns.
Most Browns fans know about the FBI's investigation into Pilot Flying J for possible fraud. Haslam has denied any knowledge of the questionable business dealings. But there are major problems with how Haslam's company did business.
At a May 16 truckers convention, Haslam said he's been contacting hundreds of trucking companies because, "I want to look everyone in the eye and say we'll do everything we can to make things right."
That means something was very wrong, even if Haslam didn't approve it.
So far, a dozen trucking companies have sued Pilot Flying J.
And five former employees have pleaded guilty to charges stemming from the FBI investigation.
And last week, the Haslam family sold their shares in the Class AAA Tennessee Smokies.
At the news conference to announce the transaction, new Smokies owner Randy Boyd said Haslam called him in January about possibly buying the Southern League franchise. Boyd agreed to the idea, and it took several months to finalize the sale. That was four months before the FBI raided Pilot Flying J.
At the same news conference, Haslam insisted Browns fans have "absolutely zero to worry about."
Perhaps.
But right after the FBI raid, Haslam held a press conference and said: "(The investigation) appears to be centered on a very insignificant number of customers and the application of rebates . . . rebates owed to customers were not paid . . . we of course disagree with that."
He's since had to reconsider that statement, as he's been offering settlements to trucking companies.
But of even more concern about Haslam's future with the Browns was contained in a story in Tuesday's Wall Street Journal:
"The company's debt nearly doubled to $4 billion in a two-year period through last year, as its owners paid themselves two payments totaling $1.7 billion from it, according to Moody's.
"Last year, Pilot issued $1.1 billion of the debt -- largely to fund the second one, a dividend for $700 million, according to S&P. That was partly so Jimmy could buy the Cleveland Browns."
So Pilot Flying J was $4 billion in debt before the FBI raid?
The Wall Street Journal also reported: "S&P downgraded Pilot's debt, calling its financial risk 'significant.' "
Moody's Investors Service specializes in providing credit ratings, research and risk analysis. Standard and Poor's Corp. (S&P) is a financial services company that provides research on stocks and bonds.
Yes, nearly every NFL owner turns a profit every year, and that may be true of the Browns.
But all that debt? It is indeed "significant," as reported by Standard and Poor's.
The sale of the Smokies brought in some cash, although no purchase price was made public.
The Haslam group bought the Smokies for a reported $7.5 million in 2002. Most Southern League franchises are now priced in the $12 million range.
Haslam purchased the Browns for about $1 billion from Randy Lerner. The sale was announced Aug. 2, finalized on Oct. 16.
Lerner received $700 million up front, the remaining $300 million to be paid on Oct. 16, 2016.
In the same story, the Wall Street Journal reported, "If necessary, Mr. Haslam says, Pilot could pay down the debt quickly."
Maybe so.
But $4 billion is big money, even in the world of Jimmy Haslam.

Beijing deploys special force to quell Xinjiang violence

Source: BDLive
SHANGHAI — Beijing sent paramilitary police into the streets this weekend and dispatched its top law enforcement official to the northwestern province of Xinjiang in a high-profile show of force after a week when at least 35 people died in the worst sectarian violence since large-scale unrest in 2009.
Eyewitnesses in the capital, Urumqi, where a large security force presence was deployed on Saturday, said the situation had calmed by Sunday and travellers returning from areas affected by the violence reported no unrest and only slightly heightened security along the way.
On Sunday, the Xinjiang police said it had apprehended the mastermind of what it called a “violent terrorist gang” responsible for unrest on Wednesday in the tourist town of Lukqun. The unrest comes just days before the fourth anniversary of the 2009 ethnic clashes in the capital Urumqi in which about 200 people died.
The official government news portal, Tianshannet, said Ahmatjan Niyaz Sidike formed a group to “conduct religious extremist activities”. The group “collected money, purchased knives, gasoline and other weapons” and planned the attacks in advance, the government said.
The provincial government’s spokesman, Yan Guoqiang, said no violence had been reported at the weekend. ” The general situation is stable, there’s no panic.”
Security in Urumqi had been heightened with special police cars on 24-hour patrol, he said, adding that there were special security checks at highway entrances to the capital. The region, which holds a significant portion of the country’s oil and gas reserves, has been shaken by increasingly frequent violent unrest in recent years.
The Uighurs, a Turkic people whose majority are Muslims, used to dominate Xinjiang, but the ethnic group is on the verge of being outnumbered by Han Chinese following many years of government encouraged migration.
The Communist party’s top law enforcer, Men Jianzhu, on Saturday ordered patrols “in all weather” by paramilitary police. A senior party official also sent to Urumqi, Yu Zhengsheng, whom the official China Daily newspaper described as “China’s top political adviser”, said during a Xinjiang cadres’ meeting that the government would “impose severe punishment on those taking part in violent crimes”.
One taxi driver who completed the journey from the affected area to Urumqi on Sunday said: “Everything is going along normally, it is not as tense as in 2009. There are some special police cars patrolling in downtown Urumqi and security checks are required to enter the downtown area but I haven’t seen any armoured trucks, and the life of ordinary people is not affected.”
On Friday, another Xinjiang town was hit by sectarian strife, according to state media, which said more than 100 knife-wielding attackers on motor bikes tried to storm a police station in the southern Hotan region.

College students call traditional marriage supporters “hideous,” “disgusting,” and flat-world morons

         & WTF is THAT critter wearing the "red"  t-shirt you watch vid    LMMFAO                                                       

College students call traditional marriage supporters “hideous,” “disgusting,” and flat-world morons

by admin1 on July 1, 2013          http://www.youtube.com/watch?v=Zv7KKBZ2Gik

Posted In: usa

Last Wednesday morning, as America awaited the Supreme Court’s decision on the Defense of Marriage Act (DOMA), a group of
“liberal” Leftwing college students showed just how “tolerant” and respectful of “diversity” they are.
Katherine Timpf reports for Campus Reform, June 26, 2013, that the pro-homosexual marriage students liberally spewed their intolerance and hatred for supporters of traditional marriage.
This female student (see below) calls us “hideous” and “disgusting” and says that she “feel[s] nothing for them at all. I don’t feel bad that they are upset.”

Another female student (below) calls supporters of traditional marriage “a meeting of the flat world society” who should get with the times because “It’s 2013.”

Then there’s this self-satisfied student (below, in red t-shirt) who insists homosexual marriage is all about “love,” whereas supporters of traditional marriage are just mean nasty “haters.” I can’t figure out what gender it is. Whether it is a he or a she, he-she can lose some fat!

Death of 19 firefighters in Arizona begs the question: Why do we keep putting out forest fires in the first place?

naturalnews.com

Originally published July 1 2013

Death of 19 firefighters in Arizona begs the question: Why do we keep putting out forest fires in the first place?

by Mike Adams, the Health Ranger, NaturalNews Editor

(NaturalNews) Long before humans ever arrived on the scene, forest fires burned themselves out naturally. The forests re-grew and the cycle repeated: fire and rebirth, fire and rebirth. Over and over again for millions of years.

This was never a problem until humans came along and decided to build expensive homes and commercial buildings in forested areas that eventually catch on fire. These "fire zones" would, of course, burn up sooner or later, but people wanted to live there, so they bought fire insurance and built their homes anyway.

The inevitable cycle of fire eventually arrived. Forests catch on fire from lightning or some other cause, but the only reason the fire spreads is because the forests are full of fuel in the form of fallen branches, shrubs and other combustible material. So the fires burn fiercely, as they have always done throughout the history of the planet, "cleaning out" the underbrush and giving many plants and trees a fresh start.

But this is not acceptable to the people who built their homes in the fire zones. They scream, "Put out those fires! I've got to protect my home!" It's not an unreasonable reaction in the immediate term.

So they send other people's sons and daughters -- smoke jumpers and firefighters -- into the jaws of death to battle the blaze and try to extinguish it. As you might guess, sooner or later some of these firefighters end up being killed by the fires.

19 firefighters dead in Arizona

That's what's happened yesterday in Arizona: 19 firefighters were killed fighting a forest fire. And what were they killed fighting for? Homes. Homes that never should have been built in fire zones in the first place. Homes that were built in areas that have burned a thousand times over and over again throughout history and will burn again.

It's time we seriously revisited this question: Is it worth losing lives just to protect property from a fire that history already showed would be inevitable?

Here's an even better question: How does putting out these fires do anything in the long run? If the forest doesn't burn up its fuel today, it's just going to have more fuel tomorrow, meaning that future fires will be even more fierce and more deadly for the forest ecosystem.

I've looked into this issue quite a lot, and I'm convinced that putting out forest fires is bad policy. It causes more harm than good over the long haul, turning frequent small fires that "clean out" underbrush into monstrous, deadly fires that kill entire forests and destroy communities. And as I've seen in central Texas, immediately after a huge fire destroys someone's home, they take the insurance money and rebuild in the exact same spot that will burn again in another fifty years or so! Why is it so difficult for people to see these patterns?

Putting out most forest fires is irrational and harmful

The truth is that forests are supposed to burn from time to time, and putting them out is an irrational, illogical human intervention that needlessly puts lives at risk for no justifiable reason. It also harms the forest.

This is the honest answer on the issue of forest fires: people should not build homes in forest fire zones unless they are willing to see them burn. I realize it's not politically correct to suggest that people should be responsible for their own actions and decisions, but denying the reality of this won't make you any safer. The truth is that all forests will eventually burn, and if you build a home or a business in ANY forest, your home or business will eventually burn.

Furthermore, I happen to think it's morally wrong to ask other people to put their lives at risk to extinguish these fires. We should let them burn and focus on evacuation and rebuilding.

And yes, this even applies if, as people will say, "someone set this fire."

How forest fires really work

So let me explain the physics of how forest fires really work. If you SET a fire in a forest, you are responsible for the immediate area that you set fire to, but not the other 50,000 acres (or whatever) that burned up because the forest was ready to burn from any ignition source, including lightning. When a forest is ready to burn -- i.e. it has enough fuel to spread the fire -- it's going to burn and spread no matter what the ignition source. It is irrational to blame one person for a small fire in the forest when it is the property of the forest itself that causes the fire to spread.

I'm always amused when some news program says, "A small campfire spread to become a 50,000-acre blaze." Oh really? I very much doubt that one match can set fire to 50,000 acres unless the forest itself lends a huge helping hand in spreading the fire. No one can force 50,000 acres to burn unless it wants to burn.

Quick quiz: Why do most camp fires NOT cause forest fires? Because most forests are not yet ready to burn. (They don't have enough fuel, or they have too much moisture.) When a forest isn't ready to burn, you can run around throwing flares everywhere and they will all just fizzle out. Why? Because the recipe for fire just isn't there.

Fires require THREE things to spread: Fuel, heat and oxygen. The atmosphere provides the oxygen and the forest provides the fuel. "Starting" a fire means applying high heat to a very small area until combustion is achieved. From there, the fire only spreads when the forest itself provides sufficient fuel to keep the heat replicating and spreading.

Thus it is irrational to blame one person for a 50,000-acre forest fire. No person can run around applying heat to 50,000 acres. It is the forest itself that provides the means of spreading the fire, and once the fire burns out, that forest is "non-combustible" for many decades to come!

Setting more frequent forest fires helps prevent really destructive, large forest fires

In fact, the best way to prevent forest fires is to start forest fires and let the forests burn out so that they aren't combustible. This is precisely why firefighters set fires to burn out selected areas and create "firewall" that can no longer combust.

Yes, this is the origin of the term "firewall," for all the network engineers out there. You actually set a fire and burn down an entire wall of trees in order to PREVENT a much larger fire from spreading even further.

By the way, I'm not saying you should run out and throw matches everywhere. This kind of "prescribed burning" strategy is best left to your local fire marshal. If you actually try to start forest fires without knowing what you're doing, you could end up getting people killed, so don't try it. (Prescribed burns take place in very specific weather and wind conditions in order to keep the fires well controlled.)

Overall, don't buy into the myth that we need to risk the lives of thousands of brave firefighters every year putting out forest fires. The truth is that most forests would be better off if we would let them burn. And we humans would be better off if we stopped building homes in forested areas that are sooner or later going to catch fire due to the simple fact that forests produce fuel, and fuel eventually burns.

There, I said it. Now let the bashing begin, as I have uttered the truth about forest fires, meaning I will be viciously attacked by ignorant sheeple who believe everything they're told on TV news. "Forest fires are BAD! Put them all out! Hurry!"

---

All content posted on this site is commentary or opinion and is protected under Free Speech. Truth Publishing LLC takes sole responsibility for all content. Truth Publishing sells no hard products and earns no money from the recommendation of products. NaturalNews.com is presented for educational and commentary purposes only and should not be construed as professional advice from any licensed practitioner. Truth Publishing assumes no responsibility for the use or misuse of this material. For the full terms of usage of this material, visit www.NaturalNews.com/terms.shtml

Banking Cabal Gone Wild: How The U.S. Citizens Were Deceived About The Rothschild International “PAPER” Bail-In Regime: The Innocuous Corrupt Dodd-Frank Bill.

Posted on July 1, 2013

http://politicalvelcraft.org/2013/07/01/banking-cabal-gone-wild-how-the-u-s-citizens-were-deceived-about-the-rothschild-international-paper-bail-in-regime-the-innocuous-corrupt-dodd-frank-bill/

J.P. Morgan’s Jamie Dimon Staring Down The Barrel Of A Smoking Gun: Evidence Proves Massive Mortgage Fraud Against Americans!

DODD-FRANK KILLS:

HOW THE U.S. JOINED THE INTERNATIONAL BAIL-IN REGIME

Leandra Bernstein
2013
Hearings continue taking place in the House and Senate to review what exactly was voted into law with the 2010 Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) even as the rules for implementing the law are still being written.
According to LaRouchePAC and EIR sources on Capitol Hill, there is little to no recognition of the key fact of Dodd-Frank. Namely, Title II of the Act to establish an Orderly Liquidation Authority, vests the FDIC with the authority to conduct a European-style bail-in.

• Dodd-Frank Damage Begins to Unfold
• Dodd-Frank is an Unconstitutional Disaster
• Dodd-Frank Act, Is Actually ~ The 2010 Full Employment Act for Lawyers, Accountants, and Consultants

The preamble to the Dodd-Frank Act claims “to protect the American taxpayer by ending bailouts.” This is done, however, through bail-in, a critical feature of the internationally established regime of what is called cross-border bank resolution.
Bail-in, in its simplest terms, is the inverse policy of what was done under Franklin D. Roosevelt’s Glass-Steagall Act and the 1933 Banking Act generally. Under bail-in the bank survives, the depositors do not. As is stated in an IMF review of the policy from April 2012, “The statutory bail-in power is intended to achieve a prompt recapitalization and restructuring of the distressed institution.”

Read the full text of the Glass-Steagall Act (a.k.a. the Banking Act of 1933)

In the case of resolving a distressed globally active, systemically important, financial institution (GSIFI), bank creditors, specifically those whose assets exceed the FDIC insurance cap, will be subject to expropriation.

1. This is not normal bankruptcy.
2. Accounts and assets are seized and/or converted to stock under the resolution authority.
3. The institution is prevented from failing.
4. Values of securities are not written down through sale on the open market.
5. And this is done to guarantee the continued operation of the financial institution and the “stability” of the financial system.

• Jeff Steinberg On the Repeal of Glass-Steagall By Billy Clinton In 1999: Banker’s Mechanism To Overload America With Debt Subservience!

This report provides the evidence, primarily using the text of laws, charters, and the language of the administrators of the bail-in regime, to demonstrate that the United States of America is being subject to the premeditated scheme of an international syndicate to establish laws and treaties contrary both to the interests of the United States, and the spirit and the law of the U.S. Constitution.

1. The Dodd-Frank Act, as currently written, has no evident provision that would prevent the overall effect of mass economic deprivation of the targeted subjects, the American citizenry.
2. Such deprivation across the spectrum of economic activity would invariably lead to a sharp increase in the nation’s death rate, as a direct consequence of the enactment of this law.
3. If this Act is not nullified, the result of its enactment will be the mass destruction of U.S. citizens through economic means.
4. The fact that this has not been stated openly, other than in the following report, does not improve the arguments of those who fail to annul this law.

Rothschild Czar Billy Clinton Repeals The Glass Steagall Act in 1999 allowing Banks to invest depositor’s hard earned cash in high risk bubbles.

• 1999 REPEAL OF GLASS-STEAGALL: Bill Clinton Opened The Door For Creating $Trillions Of Derivative Debt & Bailout

Before this law goes into effect, as a result of any among a vast variety of financial crises waiting to happen, Dodd-Frank must be overridden by the passage of Glass-Steagall.
The 2010 Dodd-Frank Act must be nullified immediately by its repeal and the simultaneous passage of the Glass-Steagall Act as drafted in Senate Bill 985 and and House of Representatives Bill 129.

ANGLO-AMERICAN RESOLUTION:

1. As passed, Dodd-Frank took up 848 pages and contained 383,013 words.
2. According to the financial law firm Davis Polk, as of July 2012 an additional 8,843 pages of rules were added, representing only 30% of the rules to-be-written.
3. The estimate for the final length of the Act is 30,000 pages.²
4. Additionally, the six largest banks in the U.S. spent $29.4 million lobbying Congress in 2010, and flooded Capitol Hill with about 3,000 lobbyists–a ratio of 5 lobbyists per 1 congressman.³

• Resident Obama Repeats the Falsehoods of the New York Times and Andrew Ross Sorkin on Restoring the Glass-Steagall Act

1. The Dodd-Frank Wall Street Reform and Consumer Protection Act currently stands as the single longest bill ever passed by the U.S. government.⁴
2. It has been argued that the length of the bill itself was intended to intimidate members of Congress.
3. There has been public commentary suggesting that few congressmen even read the bill, but were cowed into voting for it strictly on the basis of party loyalty under a first-term President Barack Obama who kept his party in line using whatever means were at his disposal.⁵
4. In the first House vote, not a single Republican voted for the bill.
5. In the final House vote of 237-192, three Republicans joined the ayes and only 19 Democrats voted against the bill.
6. In the final Senate vote, 55 Democrats were joined by 3 Republicans and both Independents to pass the bill which was then signed into law by President Obama on July 21, 2010.

1. More of the implications of Dodd-Frank have been revealed, but only after its passage.
2. There has been an inadequate response from members of the U.S. government who presumably voted for the Act, or failed to defeat it.
3. Even after witnessing the fallout from the resurgent European crisis, little has been done.
4. Moreover, for freshman members of Congress, there is a new wave of financial interests descending on Capitol Hill to scope out the best candidates for campaign contributions, as veteran members submit and pass bills literally written by financial institutions.⁶

However, the routine corruption of the Congress is as old as the institution itself. What was done and can now be enacted under the new authorities established in Dodd-Frank’s Title II, is of a different class.

1. On December 10, 2012, a joint strategy paper was drafted by the Bank of England (BOE) and the Federal Deposit Insurance Corporation (FDIC) titled, Resolving Globally Active, Systemically Important, Financial Institutions.⁷
2. The paper compares the resolution regime established by Title II’s Orderly Liquidation Authority (OLA) to the Prudent Regulation Authority (PRA), a similar resolution authority in the United Kingdom.
3. The regime in the U.K. was established April 1, 2013 following the dismantling of the Financial Services Authority.
4. Beginning in June the PRA will be overseen by Bank of Canada governor and former head of the Financial Stability Board, Mark Carney, when he becomes head of the Bank of England.⁸

Standing In Front Of The President His Boss Had Killed.

The Executive Overview of the joint report states:
The financial crisis that began in 2007 has driven home the importance of an orderly resolution process for globally active, systemically important, financial institutions (G-SIFIs)… These strategies have been designed to enable large and complex cross-border firms to be resolved without threatening financial stability and without putting public funds at risk…

1. In the U.S., the strategy has been developed in the context of the powers provided by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
2. Such a strategy would apply a single receivership at the top-tier holding company, assign losses to shareholders and unsecured creditors of the holding company, and transfer sound operating subsidiaries to a new solvent entity or entities.⁹
3. Prior to resolution, a financial entity is entitled to petition the U.S. District Court of the District of Columbia if it is believed that the decision to resolve is erroneous or capricious.
4. But at the court level, such a decision is made, “On a strictly confidential basis, and without any prior public disclosure…”
5. This means there is to be no disclosure to unsecured creditors,or other affected parties.
6. Under the law, premature or “reckless” disclosure can result in fines up to $250,000, imprisonment for up to 5 years, or both. (Title II, Sec. 202, 1, A.)
7. Moreover, if a creditor objects to resolution, they have a limited amount of time to petition for redress.
8. For example, if a state government with its state workers’ pensions invested in the distressed institution, objects to the terms or the triggering of resolution and wishes to exempt its funds from bailing-in the institution, they have 24 hours to petition the courts.

Rothschild Czar & Card Tricks For Corpratism Control Of The United States Of America In Flagrant Violation Of The United States Constitution.

In June 2012 an official lawsuit was filed in the U.S. District Court of the District of Columbia challenging the constitutionality of the Dodd-Frank Act on a number of counts, including the failure to allow for due process of law.¹⁰

From the Introduction, Legislative frameworks for implementing the strategy:

1. Title I of the Dodd-Frank Act requires each G-SIFI to periodically submit to the FDIC and the Federal Reserve a resolution plan that must address the company’s plans for its rapid and orderly resolution under the U.S. Bankruptcy Code.¹¹ …
2. Title II of the Dodd-Frank Act provides the FDIC with new powers to resolve SIFIs by establishing the orderly liquidation authority (OLA).
3. Under the OLA, the FDIC may be appointed receiver for any U.S. financial company that meets specified criteria, including being in default or in danger of default, and whose resolution under the U.S. Bankruptcy Code (or other relevant insolvency process) would likely create systemic instability.¹²
4. Title II requires that the losses of any financial company placed into receivership will not be borne by taxpayers, but by common and preferred stockholders, debt holders, and other unsecured creditors, and that management responsible for the condition of the financial company will be replaced.
5. Gov. Mitch Daniels: U.S. Debt Is Accumulating At A Terrifying Rate: Obama Prints $110 Billion Each MonthFor U.S. Taxpayers To Pay back!
6. Once appointed receiver for a failed financial company, the FDIC would be required to carry out a resolution of the company in a manner that mitigates risk to financial stability and minimizes moral hazard.
7. Any costs borne by the U.S. authorities in resolving the institution not paid from proceeds of the resolution will be recovered from the industry.

1. The above statement assumes that the costs of resolution will be covered by those creditors slated to bear the losses as well as an Orderly Liquidation Fund to bear the administrative costs of resolution.
2. What is further proposed for those creditors whose claims are not liquidated, is their conversion to shareholders, the debt becomes stock acting to prop up the value of the resolved institution.
3. What would otherwise occur in bankruptcy, meting out claims to creditors based on priority, does not happen.

Rather, the liquidation of the firm does not occur, it is kept operational, and is in that way bailed-in by its creditors.

A crucial clarification of what constitutes a bank creditor was made in a March 28, 2013 review of the BOE-FDIC paper by chairwoman of the Public Banking Institute, Ellen Brown. Ellen 1 Ellen 2 In the course of explaining why the bail-in, confiscation of 40% of unsecured deposits in Cyprus was not a one-time event, she clarifies:

1. Although few depositors realize it, legally the banks owns the depositor’s funds as soon as they are put in the bank.
2. Our money becomes the bank’s, and we become unsecured creditors holding IOUs or promises to pay. …
3. Under the FDIC-BOE plan, our IOUs will be converted into “bank equity.” …
4. With any luck we may be able to sell the stock to someone else, but when and at what price?¹³

As will be illustrated in the following section, any form of creditor with money in the bank, from $1 to $250,000 and everything above, can be converted from having their account immediately available to them, to becoming a stockholder.
As with the triggering of OLA, this can be done quite literally overnight.
To retrieve the value of what was formerly assumed to be the depositor’s account balance, the stock must be sold.
For example, a former depositor with an account balance of $250,000, who now owns that amount in bank stock, owns that amount of stock in a bank that just underwent a major, cross-border, government restructuring because it was in imminent distress.
The receiver, the FDIC, determines which values in the bank must be upheld in the interest of “financial stability,” and this undoubtedly includes financial derivatives, and other debt instruments, which, if sold off in the course of orderly liquidation would cause a panic.

• Winner Takes All: The Super-priority Status of Derivatives

The obvious question is, how much will the depositor be able to sell his stock for?

• It Can Happen Here: The Confiscation Scheme Planned for US and UK Depositors

Part 1 Part II & Interview

UNSECURED CREDITORS:

According to the April 24, 2012 IMF report,¹⁴ conversion of bank debt to stock is an essential element of bail-in included in Dodd-Frank. “The contribution of new capital will come from debt conversion and/or issuance of new equity, with an elimination or significant dilution of the pre-bail in shareholders. …Some measures might be necessary to reduce the risk of a ‘death spiral’ in share prices.” In the language of Dodd-Frank, this will “ensure that unsecured creditors bear losses.”
Such a conversion of deposits into equity already had its test-run under the terms of bankruptcy reorganization of Bankia and four other Spanish banks earlier this year. The conditions of a July 2012 Memorandum of Understanding between the Troika (EC, ECB, and IMF) and Spain, resulted in over 1 million small depositors becoming stockholders in Bankia when they were sold “preferentes” (preferred stock) in exchange for their deposits. Following the conversion, the preferentes took an initial write-down of 30-70%. Soon after, they were converted into common stock originally valued at EU2 per share, which was further devalued to EU0.1 after the
March restructuring of Bankia.¹⁵
The likelihood of this write-down of assets is stated outright in the BOE-FDIC joint report and readily acknowledged otherwise.

Following the triggering of Dodd-Frank’s Title II authorities, and the FDIC taking receivership at the top tier parent holding company of a GSIFI, assets will be transferred to recapitalize the parent company, in its original and other incarnations, and written down.

To capitalize the new operations–one or more new private entities–the FDIC expects that it will have to look to subordinated debt or even senior unsecured debt claims as the immediate source of capital. The original debt holders can thus expect that their claims will be written down to reflect any losses in the receivership of the parent that the shareholders cannot cover…

Derivative Paper Bomb

PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, 
Obama’s Web Of Debt: Its The PAPER Derivatives Stupid.

• What Iceland Teaches Us: “Let Banks Fail”
• Last Lap Dance For Rothschild: Iceland’s Viking Victory Over The Matrix Banksters!
• Its Time To Get ICELANDIC On Rothschild: Interpol Arrest Warrant For Einarsson Sigurdur!
• Iceland Dismantles The Corrupt, Arrests 10 Rothschild Bankers, Then Issues Interpol Arrest Warrant For Rothschild Banker Sigurdur Einarsson!

1. This is not simply a hair-cut to bond holders, creditors, and others, but a guarantee that those who are invested in the institution, with money in the depository branch of the institution (understood as depositors), will be made responsible for the continued operation of the institution.
2. Depositors as well as creditors become financially responsible for keeping the institution open and operating, instead of being allowed to go bankrupt, as would be the case for a non-GSIFI.
3. The depository and investment branches are, in this way, called upon equally to bail-in.

Economist, Nouriel Roubini writes in an online briefing, Bank Resolution Regimes:

1. Under the existing legislation, the FDIC has the power to impose losses on unsecured creditors in the process of resolving failing banks.
2. For example, the FDIC resolved Washington Mutual under the least-cost resolution method in 2008 and imposed serious losses on the unsecured creditors and uninsured depositors (deposit amount above USD 100,000).
3. The Orderly Liquidation Authority (OLA) established under the Dodd-Frank Act further expands the resolution authority of FDIC.
4. Subject to certain conditions, the FDIC now also has the powers to cherry-pick which assets and liabilities to transfer to a third party and treating similarly situated creditors differently, eg: favoring short-term creditors over long-term creditors or favoring operating creditors over lenders or bondholders.¹⁶

Capps Law: Ticking Time Bomb Inside Obamacare.

Richard Nixon

INTERNATIONAL FRAMEWORK IN PLACE:

They key issue taken up by Dodd-Frank in its drafting and passage was cross-border resolution of the so-called global systemically important financial institutions (also called GSIBs, or global systemically important banks in other locations).

Click To Enlarge

• Bankers With Out Boundaries [NWO] ~ Obama’s French Felon Nadhmi Auchi & French Felon George Soros!

1. This obviously necessitates cooperation with other nations.
2. Provisions of Dodd-Frank explicitly authorize this coordination with foreign authorities to take action to resolve those institutions whose collapse threatens financial stability.
3. As is stated in Title II, Sec. 210, N, the FDIC, acting as the receiver for such a financial institution in distress, “shall coordinate, to the maximum extent possible, with the appropriate foreign financial authorities regarding the orderly liquidation of any covered financial company that has assets or operations in a country other than the United States.”
4. RollingStone The Fed’s aka; Rothschild’s Magic Money-Printing Machine: Usurping U.S. Gold Backed Currency!
5. Chairman of the FDIC, Martin Gruenberg, elaborated on the cross-border strategies codified under Dodd-Frank in a June 9, 2012 speech in Chicago.
6. He stated that since the passage of Dodd-Frank, the FDIC has taken action to carry out its new resolution authorities, including increasingly coordinating cross-border resolution with foreign regulators, in particular the United Kingdom, where “the operations of U.S. SIFIs are concentrated.”

Pope Pius X
4 August 1903
– 20 August 1914
(11 years, 16 days) was the first Pope canonized since St. Pius V in 1672.

• Pope Benedict The XVI’s Historic Christmas Message To The ‘City Of London’s’ Financial Times.
• Roman Catholic Popes Have All Denounced Free Mason’s New World Order: If You Believe Otherwise You’re A Victim Of The Banker’s Propaganda.

1. As I mentioned earlier, the type of firm we would need to resolve will likely have significant international operations.
2. This creates a number of challenges…
3. The FDIC has participated in the work of the Financial Stability Board through its membership on the Resolution Steering Group, which produced the Key Attributes of Effective Resolution Regimes for Financial Institutions.
4. We have also participated in the Cross-border Crisis Management Group and a number of technical working groups, and have co-chaired the Basel Committee’s Cross-border Bank Resolution Group since its inception in 2007. …

BIS Basel Bank In Switzerland

• Ready? Basel III 2013 – 2019: The Dump Phase Of The Cartel’s Pyramid Scheme Begins!
• Criminal Elements In The White House, Caught Altering Stimulus Baseline Projection By 7 Million Jobs
• U.S. Must PreEmptively Declare Bankruptcy Against Mr. Pick & Choose Rothschild Or Roll Back The Fake Debt: Rothschild IS The Receiver If The United States Corporation Declares Bankruptcy!
• Americans Fighting Back Against GMO Eco-Terrorism: Basel III GMO Poisoned Beets In Oregon Destroyed!

These 5 crooks are the ones most responsible for the financial corruption presently in motion. These 5 crooks undermined The Glass Steagall Act which protected Americans from Bank exploitation thru derivative fraud. Later in 1999 they got Bill Clinton to sign the repeal of The Glass Steagall Act.

The Elites Responsible For Orchestrating The Destruction Of The Glass Steagall Act Of 1933:

1. Goldman Sachs:
   1. Alan Greenspan
2. Rothschild Federal Reserve:
   1. Alan Greenspan
   2. Larry Summers
3. Citibank:
   1. Sandy Weill
   2. John Reed
   3. Robert Rubin
4. Traveller’s Insurance:

This sea change in regulation was orchestrated by Sanford Weill and assisted by Robert Rubin, who became the second in command at Citibank after his stint at The U.S.Treasury.
Rubin, was Clinton’s Secretary of Treasury and was instrumental in getting The Gramm-Leach-Bliley Act passed. Larry Summers, was then his current Secretary Of Treasury who is now one of Obama’s economic “advisors”. What goes around comes around, they are all culpable.

“Commercial banks are not supposed to be high-risk ventures; they are supposed to manage other people’s money very conservatively,” writes Nobel Prize-winning economist Joseph Stiglitz. “It is with this understanding that the government agrees to pick up the tab should they fail. Investment banks, on the other hand, have traditionally managed rich people’s money — people who can take bigger risks in order to get bigger returns. When repeal of Glass-Steagall brought investment and commercial banks together, the investment-bank culture came out on top.
Common Dreams

The Stooges That Wrote The Gramm-Leach-Bliley ‘Bill’ aka; Financial Services Modernization Act that is presently destroying the World.
Wall Street Bankers & Insurance Companies Got Stooges To Write A Bill To Repeal The Glass Steagall And Thus Loot The U.S. Citizens Depository Earnings Into Speculative High Risk Investments Were:

• Congressmen Phil Gramm (R-Texas)
• Jim Leach (R-Iowa)
• Thomas J. Bliley, Jr. (R-Virginia)

No need to study the Senate Or House Records to see if it was Democrat Or Republican as Gramm-Leach-Bliley passed with bi-partisan support. Those who clandestinely supported the bankers, and knew the *bill* would pass like Charles Schumer, would vote against the *bill* to maintain a “for the people image” for re-election.

• Deadbeat New York Senator Charles Schumer: Covers For Deadbeat New York Mayor Bloomberg’s Expatriated Millions To Oversea Banks!
• Charlie Schumer’s Shuffle: The Benedict Arnold Of The Glass Steagall Act & The Rothschild Champion Sleeper Cell For Wall Street!
• The International Banking Cabal Must Be Disgorged ~ Libor Scandal
• RollingStone The Fed’s aka; Rothschild’s Magic Money-Printing Machine: Usurping U.S. Gold Backed Currency!
• Convicted Felon George Soros: Crafted The So Called Stimulus Plan & Invested in Companies That Would Profit From It. Calling Darrell Issa

The Con game Of The Banking Matrix.

1. We conducted a heat-map exercise that determined that the operations of U.S. SIFIs are concentrated in a relatively small number of jurisdictions, particularly the United Kingdom (U.K.).
2. Working with the authorities in the U.K., we have made substantial progress in understanding how possible U.S. resolution structures might be treated under existing U.K. legal and policy frameworks.
3. We’ve examined potential impediments to efficient resolutions in depth, and are on a cooperative basis in the process exploring methods of resolving them.¹⁷
4. It is accurate to say that the first incarnation of a serious cross-border resolution regime was established at the April 2009 G20 summit in London, the first summit attended by the newly elected President Barack Obama.
5. At that time, the Financial Stability Board (FSB) emerged as an entity “with a broadened mandate to promote financial stability.”
6. The board currently consists of all G20 member nations’ central financial institutions, a handful of other nations, international organizations, and international financial standard-setting bodies.¹⁸
7. In October of 2011, the Financial Stability Board published a document reflecting the agreement among the participating bodies of the FSB to conduct cross-border resolutions of financial institutions.

That document features extensive discussion of the establishment of cross-border resolution authorities within the law of each participating nation.

At the outset of the report it is recommended:

1. In order to facilitate the coordinated resolution of firms active in multiple countries, jurisdictions should seek convergence of their resolution regimes through the legislative changes needed to incorporate the tools and powers set out in these Key Attributes into their national regimes.
2. The report goes on to enumerate the requirements of a domestic, legal and active authority to resolve “any financial institution that could be systemically significant if it fails.”
3. Given the similarity of the language of Dodd-Frank and the FSB report, it would be a worthwhile venture to analyze whether it is the case that all of the requirements in the FSB report are also contained explicitly in the 2010 U.S. legislation.
4. What is most significant in the FSB Key Attributes is the strict emphasis on coordinating the bail-in regimes above and beyond national borders.
5. The report reflects a sincere dedication to establish active authorities in each jurisdiction where a parent holding company or its subsidiaries are located.

The following is quoted from Section 7. Legal framework conditions for cross-border cooperation:
7.1 The statutory mandate of a resolution authority should empower and strongly encourage the authority wherever possible to act to achieve a cooperative solution with foreign resolution authorities.
7.2 Legislation and regulations in jurisdictions should not contain provisions that trigger automatic action in that jurisdiction as a result of official intervention or the initiation of resolution or insolvency proceedings in another jurisdiction, while reserving the right of discretionary national action if necessary to achieve domestic stability in the absence of effective international cooperation and information sharing. Where a resolution authority takes discretionary national action it should consider the impact on financial stability in other jurisdictions.

Christopher Dodd & Barney Frank’s bill BLOCKED The Glass Steagall Act that would protect American retirement & banking accounts.

• Dodd-Frank is an Unconstitutional Disaster

7.3 The resolution authority should have resolution powers over local branches of foreign firms and the capacity to use its powers either to support a resolution carried out by a foreign home authority (for example, by ordering a transfer of property located in its jurisdiction to a bridge institution established by the foreign home authority) or, in exceptional cases, to take measures on its own initiative where the home jurisdiction is not taking action or acts in a manner that does not take sufficient account of the need to preserve the local jurisdiction’s financial stability. Where a resolution authority acting as host authority takes discretionary national action, it should give prior notification and consult the foreign home authority.

Christopher Dodd

• Remembering Chris Dodd?
• The ‘Man of Steel’ Is Just More Propaganda From A Protected Racket: By Ex Senator Christopher Dodd ~ Current Chairman Of The Motion Picture Association Of America!
• Dodd (d-conn) Hides Out In Ireland On A Real Estate Bonanza, That He Does Not Know How Much He Paid For!
• Bill Clinton, Christopher Dodd, Newt Gingrich, & The Member List Of The Unsanctioned CFR “The Hidden Seditious Banker’s Club.”

As stated in 7.3, it is entirely conceivable for resolution to be triggered by the bank holding company of a foreign nation, necessitating the steps of resolution, including bail-in, to be enacted within a host nation of that bank.
In the case of the United States, for example, if resolution were to be triggered by a large British bank, such as HSBC, Barclays, or a European bank, such as Deutsche Bank, UBS, etc., the United States would be obligated, based on the FSB agreements, to take part in resolution.¹⁹

Under the provisions of Dodd-Frank, the resolution authorities are already established in law, in fact.
Such a coordinated regime was agreed to by the Heads of State and Government of the Group of Twenty in establishing the Charter of the Financial Stability Board in April 2009, reflecting the interests of that body “to coordinate at the international level the work of national financial authorities and international standard setting bodies (SSBs) in order to develop and promote the implementation of effective regulatory, supervisory and other financial sector policies.”²⁰

DeFazio Impeachment Probe of Chief Justice Roberts: Unlimited Corporate Spending In Elections As “Person” Is Unconstitutional.

FIRST IN LINE:

1. There have been numerous documents written comparing Dodd-Frank’s orderly liquidation authority to regular bankruptcy under U.S. law. What is most notable in the comparisons is who gets priority during resolution, and on what basis that is determined.
2. The Cornell University Legal Information Institute, writes that Title II is aimed at “ensuring that payout to claimants is at least as much as the claimants would have received under bankruptcy liquidation.”
3. Impartial as it may seem, the problem that arises from that statement is that liquidation during resolution is done at the discretion of the receiver, the FDIC, on the basis of salvaging what is, in its view, most important for financial stability.

Under Title II, Sec. 9 E, it is stated that the FDIC, “shall, to the greatest extent practicable, conduct its operations in a manner that–…(iii) mitigates the potential for serious adverse effects —-

—to the financial system.”

The current financial system, GSIFIs most emphatically, are highly leveraged, hugely undercapitalized, and rely on classes of assets in the form of securities contracts, collateralized debt obligations, derivatives, and other debt instruments, to maintain the appearance of solvency.

PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, PAPER, 
Obama’s Web Of Debt: Its The PAPER Derivatives Stupid.

Uncertainty in the value of a category of such assets triggered by any outstanding event, for example, the announcement of bank resolution, would create an across-the-board devaluation among all holders of those assets, thereby guaranteeing “adverse effects to the financial system.”
Creating these effects would constitute “disorderly liquidation.” Preventing these effects constitutes “orderly liquidation.”

As stated in the IMF report, From Bailout to Bail-In, disorderly liquidation can create risks to overall financial stability:
i. through direct counterparty risks when the failing institution fails to meet its financial obligations
ii. through liquidity risks and fire-sale effects in asset markets, when the distressed institution is forced into asset sales to obtain liquidity which further depresses asset prices (and thus raises demand for higher “margin”)
iii. through contagion risks when the panic caused by the failure of one institution spreads to other financial institutions.²¹

Again, if these three risks are to be avoided effectively, the assets of the institution, regardless of their legitimacy or actual market value, would have to be bailed-in.
Their values would have to be preserved, presumably within the bridge financial company, to ensure that similar assets held by other institutions do not suffer the “contagion effect” seen in the Lehman Brothers crash of 2008 and its aftermath.

Moreover, under the Bankruptcy Reform laws of 2005, securitized derivatives counterparties are given priority status in the event of bankruptcy.²²
Winner Takes All: The Super-priority Status of Derivatives

1. This is highly consequential for GSIFIs, as it is the case that the majority of the world’s derivatives are concentrated in those institutions.
2. By popularly quoted estimates, as of 2010 the total world derivatives had a notional value of $1.2 quadrillion, approximately 20 times the world GDP.
3. Because of the opacity of the derivatives market, the exact numbers are virtually impossible to produce.
4. However, the Bank for International Settlements quoted global OTC derivatives–derivatives that have a paper-trail–at $632 trillion as of December 2012.²³
5. If it is the case, as indicated by the Legal Information Institute that payouts to claimants would be equivalent to what they would receive under liquidation in bankruptcy, despite the priority of payments listed in Dodd-Frank,²⁴ –> securitized derivatives counterparties would be first to recoup their money followed by those asset holders whose claims, if exposed to be valueless, would create a disorderly, chain-reaction collapse.

Whistleblower

REASSERTING U.S. LAW:

The case has been made and put on the record using facts that virtually every member of government did not find pressing or compelling enough to take into consideration in the course of making national law. What has been presented is now available to American lawmakers and members of governments internationally.

This report itself, in the days following its publication, is being distributed to the same, and is widely available to the public at large.

The point that has been made implicitly throughout this documentation must be made explicit at this time.
The consequences of enforcing the provisions of Dodd-Frank, or the agreements under the Charter of the Financial Stability Board as discussed above, amount to a violation of the spirit and the law of the United States of America.
The preceding provisions of law and international agreements have been made in such a way that places the interests of “financial stability” above the interests of the people of the United States and their Government.

Banking Cabal’s Federal Government: Sues Last Great American Company Apple Macintosh For Antitrust ~ While NWO Banking Cabal Conglomerates/Merges Weather, Banks, Gold, & Land.

The very definition of what is meant by financial stability has been codified by those whose present and future positions of power and authority depend upon that definition.
Moreover, what is established through this legislation will result in the mass destruction of the citizens of the United States through economic deprivation, through the collection and extraction of funds done in such a way as to leave the targeted subjects of the law desperate to the point of extermination.
Within the texts cited above, there appears to be no evidence suggesting the contrary to be true.

• Weather Mafia: Violation Of Antitrust Laws
• NWO Rothschild Purchases Weather Central: Why? To Control The Warming Hype What Else?
• Rothschild’s Corporate Fascist Empire: Food Crisis, Land Grabs, Poverty, Slums, Environmental Devastation And The Resistance To The People’s Justice!

The establishment of the United States of America, as a free and sovereign nation, was premised upon a foundation of law.
What underlies the founding laws of the nation is the issue of Right.
The right of the nation to govern itself and to govern in a way that upholds the right of each citizen to his or her life, that most fundamental value in law.

Bill Of Rights Are Unalienable Rights they are NOT Inalienable Rights. Inalienable Rights are a legal ease trapping in the court system. Know Your Rights!!! http://politicalvelcraft.org/2013/04/19/kansas-governor-signs-bill-nullifying-obamas-violation-of-the-bill-of-rights-federal-attempt-to-gun-control/

Enacting the resolution authority (OLA) at the holding company level of a GSIFI in the event of a crisis, as it is written and intended in Dodd-Frank, will deprive the citizens of the United States of those rights guaranteed to them under national law, most emphatically, their right to life.

• The New World Order is “Communism”: Also Known As Rothschildism Or More Bluntly Robbery!
• America Calls For Print Control: To Save Our Country ~ Enforce Print Control On Rothschild Federal Reserve!!

They will be deprived of their right to petition their government, they will be deprived materially, and as a result, it is a certainty that many will be deprived of their lives–whether by violence, poverty, starvation, extreme want, or suicide.

However, after expropriating the material wealth of the nation, the aforementioned international syndicate will have financial stability.

Footnotes

²ibtimes.com/dodd-frank-rules-nearly-9000-pages-its-less-one-third-finished-726774

³Robert Reich, “The Shameful Murder of Dodd-Frank”: July 20, 2011.

⁴opencongress.org/bill/111-h4173/text

⁵Recent White House-linked scandals including AP and other news agency wiretapping, IRS targeting of conservative groups, and ongoing questions of the legality of domestic and foreign extrajudicial assassinations, raise questions regarding what tactics Obama has used to influence both his political enemies and allies.

⁶“Banks’ Lobbyists Help in Drafting Financial Bills,” Eric Lipton & Ben Protus. New York Times Dealbook, May 23, 2013.

⁷Resolving Globally Active, Systemically Important, Financial Institutions, a joint paper by the Federal Deposit Insurance Corporation and the Bank of England. December 10, 2012.

⁸Former BOE Monetary Policy Committee member Charles Goodhart noted of the transition from the quasi-independent FSA to the PRA, “It’s arguable the scope of the powers, the range of powers, is now greater than any other central bank.” Scott Hamilton and Jennifer Ryan, “BOE Power Shift Takes Hold As Regulation Role Crystallizes.” Bloomberg News: April 2, 2013.

• Nigel Farage: The Inevitable End Of Rothschild Banking Cabal’s Euro Union Scheme ~ Closing Your Accounts At Corporate Banks Before They Close You Down!

⁹This entity is likely the bridge financial company. “The term ‘bridge financial company’ means a new financial company organized by the Corporation in accordance with section 210(h) for the purpose of resolving a covered financial company.” (Dodd-Frank, Title II, Sec. 201; 3.)

¹⁰The original suit was filed by the State National Bank of Big Spring, Texas; the 60 Plus Association; and the Competitive Enterprise Institute. This suit has been joined by the attorneys general of 11 states: Michigan, Alabama, Georgia, Nebraska, Kansas, South Carolina, Oklahoma, West Virginia, Texas, Montana, and Ohio. See:cei.org/doddfrank

¹¹The so-called “Living Will.”

¹²Title II, Sec. 203, a.

¹³Ellen Brown, “It Can Happen Here: The Confiscation Scheme Planned for US and UK Depositors.” webofdebt.wordpress.com: March 28, 2013.

¹⁴Jianping Zhou, Virginia Rutledge, et al. op. cit.

¹⁵See LPAC-TV broadcast with EIR Ibero-America Editor, Dennis Small, March 27, 2013.“Cyprus Template: The Case of Spain.”

¹⁶roubini.com/briefings/175500.php

¹⁷Martin J. Gruenberg, Chairman, Federal Deposit Insurance Corporation. Speech to Federal Reserve Bank of Chicago Bank Structure Conference, June 9, 2012.

¹⁸As of April 4, 2013 membership in the FSB included the following jurisdictions: Argentina, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, Mexico, The Netherlands, Republic of Korea, Russia, Saudi Arabia, Singapore, South Africa, Spain, Switzerland, Turkey, United Kingdom, United States of America. International organizations: Bank for International Settlements, European Central Bank, European Commission, International Monetary Fund, Organization for Economic Cooperation and Development, The World Bank. (Full list at financialstabilityboard.org)

• China Braces For Long-Anticipated Collapse!
• China’s Debt ‘Out Of Control’: May Surpass Financial Crisis In The US Housing Market Crash ~ China’s Ghost Cities!
• The Big Dogs On Wall Street Are Starting To Get Very Nervous: Coming To America? China & Iran to Execute Bankers On Fraud Charges!
• China Set To Lose Out To Vietnam As Obama’s Deadly Non-Transparent TPP Deal Looms: TPP Isn’t Really A Trade Agreement ~ It’s A Rothschild International Corporate Coup!!
• Obama’s Eric Holder Orders Indictments Halted In U.S. Espionage Case: China Access To Protected U.S. Space Weapons Technology ~ China Developing Drone Fleet Against U.S – Report.
• Breaking => The Answer To China’s Ghost Cities: Destroying Farm Production [Agenda 21] By Forcing The Rural Chinese Into Newly Built $Consumer Based Urban Concentration Cities. THEN DEPOPULATION!

¹⁹As of November 2012 the FSB published a list of GSIFIs for whom cross-border resolution would apply. The list of 28 institutions includes: Citigroup, Deutsche Bank, HSBC, JP Morgan Chase, Barclays, BNP Paribas, Bank of America, Bank of New York Mellon, Credit Suisse, Goldman Sachs, Mitsubishi UFJ FG, Morgan Stanley, Royal Bank of Scotland, UBS, Bank of China, BBVA, Groupe BPCE, Group Crédit Agricole, ING Bank, Mizuho FG, Nordea, Santander, Société Générale, Standard Chartered, State Street, Sumitomo Mitsui FG, Unicredit Group, Wells Fargo.

²⁰Charter of the Financial Stability Board, September 25, 2009. Amended by the G20 Heads of State and Government June 19, 2012.

²¹Jianping Zhou, Virginia Rutledge, et al. op. cit.

²²More documentation will become available on larouchepac.com and larouchepub.comon the priority status given to derivatives in resolution and bankruptcy.
Also see Ellen Brown, “Winner Takes All: The Super-priority Status of Derivatives.” webofdebt.wordpress.com: April 9, 2013.

²³BIS Quarterly Review: June 2013. Table 19.

²⁴Cornell University Legal Information Institute summarizes these claims citing Dodd-Frank, Title II, Sec. 209 (b): “Claims are paid in the following order: (1) administrative costs; (2) the government; (3) wages, salaries, or commissions of employees; (4) contributions to employee benefit plans; (5) any other general or senior liability of the company; (6) any junior obligation; (7) salaries of executives and directors of the company; and (8) obligations to shareholders, members, general partners, and other equity holders.”

For a PDF of this document click here.

LaRouche PAC

Understanding Rothschild: The Divide And Conquer Of The Khazars ~ But Now For The Banks.

Chairman Of Rothschild Federal Reserve Board Confesses To $2 Trillion Swindle Against The American People: Iceland Puts The Corrupt In Jail.

Related articles

• Three years of Dodd-Frank’s broken promises
• John Birch Society Organized To Counter Rothschild’s Corrupt Council On Foreign Relations!
• Fed’s Lacker: Dodd-Frank May Not Curtail Emergency Powers
• Dodd-Frank’s Mass Murder Mandate Is Treason: Crush It! (thepeoplesvoice.org)
• How Free Americans Became Slaves To The Rothschild Bankers: Glass Steagall Act Will Stop Them ~ You Know, The One Billy Clinton Repealed In 1999 That Allowed The Housing Bubble!
• Voices On Both Sides of the Atlantic Call for Restoring Glass-Steagall
• Dodd-Frank And Wall Street Has Never Been More Corrupt
• Roman Catholic Pope Benedict XVI: Earth’s Ecosystem Damaged By Rothschild Hoarding And Not By Healthy Carbon Dioxide!
• Obama’s Secrets And Lies Of The Bailouts: Tarp Ceiling Was Secretly Raised 117 Times ~ RollingStone
• Breaking => U.S. Citizens Stuck With Billions In Obama Orchestrated TARP Losses: States Must Nullify The Printed Paper Bailout ~ TARP Ceiling Was Raised 117 Times From $787 Billion To A Hidden $12.8 Trillion!
• RollingStone The Fed’s aka; Rothschild’s Magic Money-Printing Machine: Usurping U.S. Gold Backed Currency!
• ROLLING STONE : ROTHSCHILD CORRUPTION GOES MAINSTREAM
• ROLLING STONE: “Conspiracy Theorists Of The World, Believers In The Hidden Hands Of The Rothschilds, We Skeptics Owe You An Apology.”