THE EXECUTION
THE EXECUTION
MACRO / POLTICAL / ECONOMIC AND U.S TREASURY BOND ISSUE IN THE 1970’S FOR THE B-SERIES 912810 BU1
INTRODUCTION
My analysis begins with the review of the Private Export Funding Corporation (PEFCO) and the Export-Import Bank, the purpose being that PEFCO, an operating company set up to promote the sale of US goods and services. PEFCO has the flexibility to operate as a central banker with the issuance of long-term bonds, which are guaranteed by Eximbank which in turn is backed by the US Treasury. Furthermore the Eximbank would be registered with and subject to the Federal Reserve and SEC regulations, as would any other bank. A complete understanding of the establishment PEFCO and the restructuring Eximbank, between the years of 1969 and 1975, provides a clearer understanding of the B-Series bonds in which the quantum of David Green’s registration evolved. It also reconfirms the Bureau of Public Debt’s statement that this issue is maintained in the commercial sector (PEFCO-Share Holders?) and that they are under the control of another agency (Executive branch of the US government – Privacy Act).
I am of the opinion, the actual issue of the B-series bonds occurred as follows: -
In 1970, the United States’ economy was in trouble, due to the escalating costs of the Vietnam War and the increased domestic social welfare programme that had been undertaken by President Kennedy, leaving the US $75 billion in debt. In 1971, came the inevitable collapse of Bretton Woods and the failure of the United States to back the dollar with gold any longer. A predetermined plan was formulated for the recovery of the U.S Economy. Aramco (1973) controlled the OPEC nations and in order for the U.S economy to be strengthened, the oil price was doubled twice.
This was done, supposedly by the OPEC nations themselves, following the October War in 1973. An analysis in the book “Secret War Against the Jews - How Western espionage betrayed the Jewish people” by John Loftus & Mark Aarons (see document index) indicates that the OPEC nations were not necessarily to blame for these oil price rises. The result of this was that although the US also had to pay four / five times as much for their oil, so did the rest of the non-OPEC countries, leading to the need for them to borrow. The United States in the meantime, not only benefited by the extra royalties the U.S oil companies were now receiving, but also, the “petrodollars” that were concentrated amongst the top six banks in the U.S. Hence the recycling process that developed and the birth of the debt system as we know it today.
The OPEC countries were receiving vast amounts of revenue from oil, which were largely exchanged for goods and services in their countries. Between 1975 and 1980 Saudi Arabia pledged $145 billion for the construction of cities and airports in the country, to take place over the next 20 years. The company who received the contract as the main contractor and overseer for this project was the Bechtel Corporation. Hence our conclusions regarding the existence of a pre-determined plan for the creation of PEFCO in 1970. PEFCO would act as the operating company that could act as a central bank, managed privately by the main U.S banks as well as foreign banks with offices in the US and registered with the Federal Reserve System. Treasury and the SEC were obviously involved in preparing the script for this issue of B-Series bonds, as the rules and regulations were published as early as March 1973. Shearman & Sterling provided the legal counsel for PEFCO, Dillon Read, Citicorp and the Saudi-Arabian Joint Commission. The Export Expansion Finance Act of 1971 (12U.S.C.635note) removed the receipts and disbursements of the Export-Import Bank from the budget of the U.S Government and increased its overall lending authority. The insurance companies listed on the security display for the B-Series Bonds, collateralise these bonds and trade them in the secondary market. The world’s most profitable insurance companies today were board members of the PEFCO related commercial banks during the 1970’s. This is a perfect example of synergy between the Trilateral Commission and Bilderbergers to achieve transnational commercial objectives.
David Green, for Four Milbank Nominees, purchased bonds privately for many clients.
In an affidavit provided by David Green he indicated that he was the owner of a government securities bidder in the US called Alliance Dollar Reserve, and Meyer Lansky was the company secretary. In other affidavits David Green indicates that he is the sole owner of these bonds and that purchases were made by him for and behalf of Four Millbank Nominees for Resorts International. Individuals that were involved in large international movement of funds at the time were Michele Sindona, Sam Giacana, Robert Vesco, Licio Gelli, Bernie Cornfeld and Roberto Calvi (Vatican – note ownership of Watergate Complex). All had close ties with the Administration at the time in one form or another and all of them were directly or indirectly involved with the laundromats vested in the Bahamas and the Cayman Islands, as were the Crown Agents and Continental Illinois. The principal financial institutions all had reciprocity with PEFCO and as a result access to a larger system which was to balance long, medium and short-term debt on an international scale as well as sanctioning by relevant government agencies. It is no wonder that an attorney for Naval Intelligence, Henry Whaley, indicated to me that the Rockefeller Foundation regards David Green’s estate as a minor claimant (note President Ford granted Nixon a pardon – Vice President Nelson Rockefeller). It is obvious that there are political ramifications regarding David Green’s ownership and registration (which has been confirmed on numerous occasions) but the objective is to find a mediated settlement to this whole issue.