Bankruptcy Foreclosure - Pouting about a Wall.

[David Merrill]

The Albany Remand (https://netorg573793-my.sharepoint.com/:b:/g/personal/david_merrill_bishopcastle_us/EermBMKULNRHqJpV7QCcx9wBC5pGKPfvTa9Mdt9kBOSh_Q?e=k naR7f) is an innovation upon global jurisprudence, being an organic class action. The link changes so download it to disc now. When Doc 40 is added and uploaded, the link will change.

CROSSTALK:


Doc 39, Page 3 of 7 has a publication image covered in case numbers. That is for Castle Church at the Garnishment on Doc 38. Page 3 shows driving trust seal - and sure enough, a Bankers' Holiday is still a holiday; so note how TRUMP relies upon a holiday pay statute for the current restructure in bankruptcy. CASTLE CHURCH - For the Redemption of the Office BISHOP is Melchizedek, presiding in truth over the Dragon Court and NEPHALIM, the biblical "Sons of God" at Genesis 6. So the publication of the Garnishment was truly a Holy Day - holiday. Pouting about the Mexican Wall is just smoke and mirrors, distraction - a red herring.

Simply put - the Garnishment causing the current bankruptcy restructure (Holiday) is upon Steven Terner MNUCHIN as US Governor of the International Monetary Fund, not the Secretary of the Treasury. The IMF is an organ of the United Nations.


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You might prefer Doc 30. The suitor joindering at Doc 32 filed a rough draft that interprets the Bible much more comprehensively than Sunday School.

[marcel]

Whoa, thirteen hundred pages. This will take awhile. Hey I saw the "VICE" movie about Dick Cheney and family. Very interesting although Martin Armstrong says they got part of it wrong.
https://www.armstrongeconomics.com/international-news/politics/vice-the-dick-cheney-rumsfeld-conspiracy/

[xparte]

never give or take excuse for not knowing what a Wall Re- Presents cant Build a Wall around the Automotive Industry its a governed Compliment or the Military Industrious governing Compliment Free Trade or NAFTA is a crumbling Wall? De/portation is more used in national (municipal) law. And expulsions are used in the context of international law or federal district. So each (municipal) metro builds a portion and po·lice its portion So claims made are in them Federal DISTRICTS incorporated on either side of the wall the plastic wall green cards SSN keeps folks in the Districts.

[lorne]

In just these past few weeks, the Fed has cut rates by 150 basis points to near zero and run through its entire 2008 crisis handbook. That wasn’t enough to calm markets, though — so the central bank also announced $1 trillion a day in repurchase agreements and unlimited quantitative easing, which includes a hard-to-understand $625 billion of bond buying a week going forward. At this rate, the Fed will own two-thirds of the Treasury market in a year.
...

To put it bluntly, the Fed isn’t allowed to do any of this. The central bank is only allowed to purchase or lend against securities that have government guarantee. This includes Treasury securities, agency mortgage-backed securities and the debt issued by Fannie Mae and Freddie Mac. An argument can be made that can also include municipal securities, but nothing in the laundry list above.

So how can they do this? The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a “first loss” position. What does this mean? In essence, the Treasury, not the Fed, is buying all these securities and backstopping of loans; the Fed is acting as banker and providing financing. The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of the owner, the Treasury.

In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.

This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.
https://www.bloomberg.com/opinion/articles/2020-03-27/federal-reserve-s-financial-cure-risks-being-worse-than-disease

[David Merrill]

In just these past few weeks, the Fed has cut rates by 150 basis points to near zero and run through its entire 2008 crisis handbook. That wasn’t enough to calm markets, though — so the central bank also announced $1 trillion a day in repurchase agreements and unlimited quantitative easing, which includes a hard-to-understand $625 billion of bond buying a week going forward. At this rate, the Fed will own two-thirds of the Treasury market in a year.
...

To put it bluntly, the Fed isn’t allowed to do any of this. The central bank is only allowed to purchase or lend against securities that have government guarantee. This includes Treasury securities, agency mortgage-backed securities and the debt issued by Fannie Mae and Freddie Mac. An argument can be made that can also include municipal securities, but nothing in the laundry list above.

So how can they do this? The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a “first loss” position. What does this mean? In essence, the Treasury, not the Fed, is buying all these securities and backstopping of loans; the Fed is acting as banker and providing financing. The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of the owner, the Treasury.

In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.

This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.
https://www.bloomberg.com/opinion/articles/2020-03-27/federal-reserve-s-financial-cure-risks-being-worse-than-disease

Recently I was impressed with the instantaneous effects of TRUMP and his Executive Order #13910 - about hoarding, based in Title 50 Military and War. That very day I heard about Amazon deliveries being diverted to medical personnel!

Recall how in 2016 I ended the War with Delegation of Authority to the Triumvirate regarding Super Jubilee. Well, in a few weeks TRUMP struck up a new one in the Korean War style, upon the (now removed from the Bankers' CODE) Trading with the Enemy Act - exclusively in the Appendix of Title 50 anymore.


At this rate, the Fed will own two-thirds of the Treasury market in a year.

How could this "Treasury Market" be anything but a Bubble?

Thank you Lorne! That is indeed a remarkable post! This website is invaluable - priceless.

[marcel]

It's not money ...

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