Source: Dr. Darryl Schoon
In 1971, when the US cut the ties between money and gold, gold as money ceased to exist. Gold as power, however, continued. But because gold is power there is little real information on the connection between the two; and that information is often misleading as the powerful prefer secrecy and the true movements of gold are no exception. I would like to share some information I discovered about the world of gold and power that will shed light on some very critical issues; and, because of power’s purposefully hidden path, the truth here can only be approached obliquely. What I offer is a name. The name is Bruce Rappaport.
Twenty-five years ago, in extenuating circumstances I had met Howard Hughes’ private banker, Dr. Norman Bernard Thirion. Prior to working for Hughes, Dr. Thirion had worked for Daniel K. Ludwig, a man even wealthier and more secretive than Hughes. Because of the unique circumstances under which we met, Thirion told me about events he had told few others, events that led to, among others, the name of Bruce Rappaport. The events centered on the embezzlement by the Reagan White House of funds Thirion had solicited from the Saudi royal family. The funds, $500 million, intended to aid the Afghan freedom fighters never reachedthem. Instead they were later discovered in a secret CIA Swiss bank account co-mingled with proceeds from the Iran-Contra arms scandal, another illegal Reagan operation. The bank account was controlled by an Israeli-Swiss banker, Bruce Rappaport, later connected to the events surrounding 9/11.
It was because of what Howard Hughes’ private banker told me in 1987 that I recognized Rappaport’s name when it came to my attention last year in 2011, this time in connection with 9/11 and events far from Norman Thirion and the Reagan White House; events that will reveal the continuing connection between gold, money and power.
SECRET LIES AND HIDDEN TRUTHS
The name of Bruce Rappaport brings together events, nations and individuals tangled in interlocking webs of deceit and deception. The covert life of Bruce Rappaport is similar to a USB hub that connects crime, power, politics and money; and it was Rappaport’s relationship with William Casey—Nixon’s Chairman of the SEC, Reagan‘s Director of the CIA and Rappaport’s golfing buddy—that gave Rappaport his lubed entry into the international sewers of power and money.
BIRMINGHAM, Ala. (WIAT) – The United States Army North is preparing for its largest training exercise ever which consist of 9,000 members of the Defense Department’s chemical, biological, radiological and nuclear response force.
The training will take place at Camp Atterbury, Indiana.
National guard units from all over Alabama hit the road Sunday. Their convoy is comprised of National Guard units from Alabama, Florida and Kentucky, and is expected to be the largest domestic convoy in its history while traveling to the exercise on Aug. 5-6.
The 1166th Military Police Detachment 1 assisted part of the convoy during a stop to refuel in Birmingham.
Reporting on this is silly in a way, because it has always been postulated that the “$2 billion” trading debacle that had Jamie Dimon in front of congress might actually be for a much larger, undisclosed amount.
Well, here’s confirmation that those initial reports were true – however it remains to be seen whether even more losses will be uncovered. As Max Keiser has reported, these banks are simply insolvent and it is only the artificially intelligent trading platforms that are giving the system any semblance of stability. Undeterred, the cabal continues on as it is now being reported that JP Morgan is down 5% before trading opens as it has been revealed their trading loss has been unwound a bit and now totals 9 Billion! Interesting development given the greenlight by Drake as well as the report from yesterday detailing a series of “living wills” developed by the biggest banks in case they fail. Read on for the official piece:
(Reuters) – JPMorgan (JPM.N) (JPM.F) shares fell 5.3 percent in Frankfurt on Thursday after a newspaper reported that losses from a bungled credit derivatives trade could reach $9 billion in a worst-case scenario.
The U.S. bank’s shares in New York are also trading down 5.4 percent in pre-market trading.
The story was “likely disappointing today” for the shares, Evercore Partners said in a research note.
JPMorgan said in May that it had lost $2 billion on the trades, but these losses have mounted in recent weeks as the bank has unwound its positions, the New York Times reported on Thursday, citing people briefed on the situation.
An internal report at the bank projected in April that the losses could reach $8-9 billion, assuming worst-case conditions, the newspaper said.
JPMorgan declined to comment.
(Reporting by Sarah White and Douwe Miedema)