Yesterday I blogged about the corona-virus-hysteria-as-money meme that's been emerging over the past few weeks, and in particular, about Baal Gates' proto-typing of a "vaccine-surveillance-biometric" tracking system that also doubles as a digital currency system. Typically, he's prototyping this system in Africa. One need look no further than this to understand that the virus story at the minimum is a crisis of opportunity for Mr. Globaloney to accomplish several long-cherished objectives in the name of health care, for if it were really about health, we'd see a lot more attention in the propatainment media on things like the questionable value of masks to prevent spread, or the potential of hydroxichloroquine. The virus and the deaths are real, but so are the globalist fantasies of Mr. Globaloney.
As I noted yesterday, a system of biometric tracking is being rolled out in Africa, and that tracking connects medical records with "money", insofar as a "digital currency" can be considered money.
With that in mind, consider the following story shared by T.M. (and many others):
The title of the article says it all, I suppose, but here's the crux of the matter:
- Billionaire investors including George Soros and David Tepper won't have to reveal their stock portfolios every quarter if a new SEC proposal is implemented.
- The investment firms run by Soros, Tepper, John Paulson, Paul Tudor Jones, and David Einhorn would all be exempt from filing 13-F forms if the agency raises the disclosure threshold from $100 million in equity holdings to $3.5 billion.
- The SEC wants to raise the threshold for the first time in 45 years to reflect the modern US equities market and slash compliance costs for smaller fund managers.
- Visit Business Insider's homepage for more stories.
George Soros, John Paulson, and other billionaire investors won't have to disclose the stocks they own at the end of every quarter if a new regulatory proposal gets the green light.
Other famous fund managers including David Tepper, Paul Tudor Jones, and David Einhorn would also be relieved of the requirement if the Securities and Exchange Commission hikes the disclosure threshold from $100 million to $3.5 billion.
Now, while all this is dressed up behind wonderfully euphemistic language about "updating" reporting and disclosure requirements and cutting down on "expensive regulations", let's reflect on a fundamental truth: there's no necessary connection between a quantity of money and monopoly power. It's entirely possible to have net assets of only a dollar, and be able to control whole industries through networks of front companies, subsidiaries, holding companies, shelf companies (look it up), foundations, cartel agreements, licensing, and so on. Indeed, one purpose of such stock portfolio disclosure in the first place was to be able to see into such networks.
So what's really going on? My high octane speculation is that this move is of a piece with FASAB-56 regulations, with Harvard taking its financial operations "dark," and now ne'er-do-wells like Soros, Baal Gates, and so on, get to take all of their wheelings and dealings dark too. Combine that with what I said in yesterday's blog, and you see the erection of a system where you and I, and all our dealings, are transparent to Mr. Globaloney and his mega-rich lackeys, while their dealings are entirely opaque to us. In other words, they're erecting a system that's a two-way mirror, and they're behind the mirror. The observation is not new to me. For those who've been following Catherine Austin Fitts, she's been saying this for years, and now we have yet another data point to add to that analysis. With such high limits on disclosure, it becomes much easier to "structure" holdings so they fall below that threshold of disclosure.
But, as one might imagine, there's a second part to my high octane speculation. Regular readers here, or of my books, know that I've suspected for a long time that there has been in existence, since World War Two if not before, a hidden system of finance that trades in real paper, real commodities, and "fake" bonds of astronomical denomination. Additionally, I've strongly suspected that this system is plugged into all sorts of criminal financial activity, from drug trade to human trafficking. Some hint of this was provided recently by the Trump administration's executive order on human trafficking, or more recently by General Milley's strange remarks made at the beginning of the April 1, 2020 "corona virus" press conference. As that system of hidden finance has grown - in my opinion to the point that it constitutes the major portion of global finance - it becomes more necessary to ensure its continued survival-by-secrecy, hence, moves like FASAB-56. It's necessary to protect that system by forcing everyone else into a "digital system," while they continue to conduct their hidden system by good old fashioned "analogue" means such as real paper for equities, bonds, certificates of deposit, lines of credit, deeds of title, and so on. Don't get me wrong, digital systems will still be essential to make their system work, and will invite all sorts of "disclosure mischief" in the form of hackers, be they non-state or state agents.
And... it's just the sort of thing one would also do if one suspected a "crack up" was coming, when debts denominated in certain units of currency, are no longer applicable when new units of currency emerge due to "changing political circumstances."
See you on the flip side...