GREENER THAN THOU: DEUTSCHEBANK RAIDED AGAIN
I don't know why it's so difficult for people to understand that the so-called green movement is not about saving the planet from the clouds of apocalyptic flatulence emanating from cows, squirrels, goats, sheep, or people like Maria Occasional Cortex, or whatever her name is. It's about making money - lots of it - by financializing pretty much everything. As I've said many times before, weather derivatives or planscamdemic bonds are handy things to have in your portfolio if you have the technology to manipulate the weather, or create planscamdemics.
With that in mind, it shouldn't come as a surprise that Deutsche Bank has been raided by the German police yet again, this time, apparently, for being greener than thou, according to this article shared by G.B.:
German Police Raid Deutsche Bank, DWS Over Allegations Of Greenwashing
Now you'll note what is at the central core of the article:
German federal police raided Deutsche Bank AG and its asset management arm, DWS Group, in Frankfurt, Germany. DWS has faced accusations of greenwashing ever since the firm's former head of sustainability said it overstated how much capital was allocated to sustainable investing last August.
Bloomberg reports the Tuesday morning raid on Germany's largest lender and DWS is directly related to greenwashing, though precisely what federal police are investigating and who the probe is focused around is unknown.
DWS' former chief sustainability officer, Desiree Fixler, went public last year about how the firm exaggerated its use of sustainable investing criteria to manage its assets. DWS has since denied the claims, and the U.S. Securities and Exchange Commission (SEC) and German financial regulator, BaFin, have been investigating the asset management arm.
...
The latest raid comes one month after the Deutsche Bank was raided in Frankfurt over suspected money laundering -- certainly not a good look for the bank.
In other words, Deutsche (Geldwaesche) Bank has been caught red-handed (or perhaps we had better say, green-handed) laundering money once again, this time in a rather ingenious fashion, through so-called investments in "sustainability", i.e., in so-called "green" investments. It's as if we're looking at a chapter of a book titled How to Launder Money and Save the Environment in One Easy, Virtue-Signaling Lesson.
While I suspect we might all agree that there's nothing unusual about raids on Deutsche Bank these days, or for that matter, that there's nothing unusual about wholescale fraud and criminality in most of the western financial system where big banks are concerned, I suspect this story might be more than just a one-off, and far more important than meets the eye.
Why?
Well, imagine for a moment that you are a member of some faction of the Empire of Mr. Globaloney, and you have to launder several trillions of dollars of money without being detected. You have to have some mechanism wherein vast sums of money would be expected to be in play, like environmental crisis being brought about by "earth changes", "climate changes", and apocalyptic flatulence. After all, if you're Baal Gates and you want to blot out the Sun for a few decades, you'll need gobs of money to pay for it. Other similarly grandiose environmental schemes will need similarly grandiose amounts of money, and a mechanism to launder it while pocketing the proceeds and profits from fees, underwriting, and so on. Beano Bonds worth several trillions in par value can be underwritten, money can be "invested" in them fees collected for their sale, and eventual resale as the "invested" money is need elsewhere.
In short, we may be looking at the tip of an iceberg. Many have been arguing for decades that the science behind climate change, global warming or whatever one wishes to call it has been at best debatable, and at worst fraudulent. Perhaps the fraud part is less due to the science, and more to the financial influences that purchase the science...
See you on the flip side...
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It makes criminal sense, to liquidate US military support to Ukraine, by funneling revenue stream, into eco-friendly funds.
Khazarian Phantasy, Opus six million, a one-fingered piano piece, about gaslight and greenwash, is played by Dirty-Dog Zelensky.
According to papal propaganda, Pope Satan is the closest thing to Jesus.
Six Million is Second Coming of Khazaria, in the Ukraine!
https://dl.dropboxusercontent.com/s/qqkaqnr6ac58bb9/six-million.pdf
No. Not DeutscheBank? Those benevolent, altruistic people who always do things legally? Hard to believe …
They manipulated gold & silver markets for over a decade then got caught, convicted in court and they ratted out their cohorts in crime (HSBC, ScotiaBank). So they are using the green movement to launder more? Wow. Ya gotta give’em credit for creativity LOL.
This article by Alasdair Macleod is timely, like last weeks’ essay. These can be dry reads, think Matt Simmons, Twilight in the Desert. But worth the effort. The fist table of G-SIB (Globally Systemically Important Banks) shows the leverage of Deutsche Bank. It’s insane.
A perfect storm in banking is brewing: 2022.06.16
https://www.goldmoney.com/research/a-perfect-storm-in-banking-is-brewing
Quote
“So, we should conclude that the structure of the regulatory system might have blinded the Fed, the Bank for International Settlements, and the other leading Western central banks to the consequences of bank credit contraction for banking’s common equity shareholders. Interest rates are belatedly being permitted by the Fed to rise as we saw with yesterday’s ¾ point hike. With a heavily doctored CPI showing prices rising at over 8%, going on 10% and more, a Fed funds rate of1.5%—1.75% is still a long way behind the curve. They are bound to go considerably higher, collapsing bond and financial collateral values. It will lead to a crisis in financial markets. And given that the commercial banks in the Eurozone and Japan possess extremely high shareholder leverage, that can be expected to occur very soon.
Unless the Fed is prepared to let markets sort this mess out — a course of action we can dismiss out of hand — the Fed’s only possible response will be to inflate the dollar to compensate for the contraction of bank credit. The means by which this will be done is not the point. There will be no alternative, as the Fed’s priority will be to save the financial system and to minimise the consequences for the wider American economy and particularly for the Federal Government’s finances. The other central banks mentioned in this article will have to follow suit, where they can. Expect swap lines between them to be expanded to enable them to do so. Expect bond markets to be closed by diktat, perhaps for more than a day or two. As helpless bystanders, we will all be looking into an abyss, fearful that there is no resolution to an unsolvable crisis.” End Quote
Last week’s essay – Protection from a currency collapse: 2022.06.09
https://www.goldmoney.com/research/protection-from-a-currency-collapse
The twelve paragraphs under the heading, The mechanics of an apocalypse, are important as well. First paragraph –
“Against the grain of the establishment, for years I have been warning that the world faces a fiat currency collapse. The reasoning was and still is because that’s where monetary and economic policies are taking us. The only questions arising are whether the authorities around the world would realise the dangers of their inflationary and socialistic policies and change course (extremely unlikely) and in that absence in what form would the final crisis take.”
Not sure why this seems pertinent here. It seems an indicator of what is coming and how conquered this society is infiltrated from within.
https://threadreaderapp.com/thread/1536394275730210819.html
I just finished my freshman year at an elite university that costs $80,000 annually (University of Chicago).
The students at a school like this are future politicians, billionaires, etc.
Here are 5 observations I made this past year about them that may shock you:
*THREAD*
1.) A staggeringly high number of them are LGBT+. I’m talking 20% to 30%.
Don’t believe me? At Yale, 23% of freshmen identify as LGBT+.
More Yale incoming freshman identify as LGBTI than conservative
School is starting and Yale University surveyed their incoming freshman, finding more of them identify as LGBTI than conservative.
https://www.gaystarnews.com/article/yale-freshman-identify-lgbti/
I have no reason to believe it’s any different at other elite universities. So why are so many “high-performing” students LGBT+?
Nationally, only around 7% of adults are LGBT+.
What Percentage of Americans Are LGBT?
Gallup estimates that 5.6% of the U.S. adult population is lesbian, gay, bisexual or transgender.
https://news.gallup.com/poll/332522/percentage-americans-lgbt.aspx
2.) They are scarily obedient to even the most illogical demands.
An anecdote: The administration had just ended the mask mandate for students. The next day, one of my professors exclaimed that everyone should still be wearing masks because we are still in a “pandemic.”
Without hesitation, every single student around me, who all came into class not wearing a mask, automatically put a mask on their face. The whole scene felt incredibly creepy and robotic. I ended up being the only student in the room who wasn’t wearing a mask.
and on……………….
Based on the high mortality rate, “Deutsche Bank Executive” has to be the deadliest job outside of tge military.
May 4, 2022
https://www.counterpunch.org/2022/05/04/another-raid-of-deutsche-bank-another-dead-whistleblower/
“The raid comes just four days after the body of Valentin (Val) Broeksmit, 46, was discovered at about 7 a.m. Monday at Woodrow Wilson High School in El Sereno, just outside of Los Angeles. Val Broeksmit was the son of William Broeksmit who was found hanged in his London home on January 26, 2014. The senior Boreksmit was a senior executive at Deutsche Bank involved in assessing risk on the bank’s balance sheet. (See our report: Documents Emerge in Senate Hearing from William Broeksmit, Deutsche Exec Alleged to Have Hanged Himself in January.)”
In fact, “Deutsche Bank Executive” is the 21st century version of The Archbishop of Canterbury”.
( Black Adder -> https://youtu.be/UCYesxFe9xo )
Deutsche Bank is the sacrificial monkey that has been thrown to the wolves to save the other banksters from much-deserved justice. There is no such thing as fossil fuels, all you have to know is how long oil and coal need to renew themselves.
Note to self: stop referring to petroleum products as fossil fuel. The former is not only a wider category, it’s more accurate; non viable refill rates via abiotic replenishment notwithstanding.
My frame of reading has shifted more considerably towards different mafias getting their fair share and more; of the ever the shifting pie of assets. In this instance, the German Police are seeing what and how[narrative] the Bankster pieces are going to be divvied up. The Green Con, is just another in a long line of agreed upon fables in which to capitalize[read steal] the public and/or private assets that can be colored green. “Sustainable” is the catch-all word being used to cast a wide global net of a wide range of potential assets classes that can be shifted into the banks ledgers via “laws”. The steal must be legal; so laws must be crated, as if they were traps to be set.
The media will way the scales on contributions[sponsorships], to see who weighs in most heavily; then shift the narrative in their favor. The media must get their fair share and more, of course.
“Sustainability” means continuing theft; in order to remain a mafia of some repute.
After all; all Western finance, is based entirely upon fraud. That is the rentier economy; where you own nothing[w/the exception of the mafias, of course], and are happy[the media splashes happy ink, all across the globe – of course]
Those chemtrails, GMOs, nano chemicals, genetically engineered pesticides, and on and on; have to be accounted for. They create the environmental crisis on vast scales, and I do means vast banksters scales of profit: are the problem & the solution in one grand environmental fraud.
Agree with your assessment. And I thing DB will be one of the first western banks to fall hard; a large domino. Expected it way back but this machine had more inertia than I ever imagined. Regarding global warming, I don’t think it is debatable, not in this climate (pun intended). It’s fraudulent as hell – bad science. I’ve digested a few books on that subject.
Ironically, my career these last few decades has been wind power. It was great. But it’s amusing how many people tell me we need to replace fossil fuels with wind. Industrial wind power is an accessory to a fossil fuel infrastructure. Period. The concrete, steel, copper, rare earth magnets, plastics… Just try keeps those things spinning without a fleet of F-150s and above. Throw in a just-in-time inventory model (that’s breaking down). Twenty-thousand pound blades rolling down an asphalt road.
And then it’s intermittent too boot! Better have base load to offset the ebb and flow. Modern turbines could add ancillary services to the grid, like power factor correction. But they usually don’t. Properly applied, wind power has it’s place, it can augment a grid. Proper ratio might be a better way to state it. What a tangent, better stop here.
But yeah, we may be seeing the tip of this iceberg disappear – as it rolls over.
It’s a petroleum-based economy until they roll-out its replacement[fusion?, zero-point?, or?].
The Green Energies won’t cut it, and “they know it.
The cutting out of, as much oil as possible; slows the velocity of money, and the ever-present-unravelling of massive fraud; it de-industrializes, destroys[military] – all, by supporting the rentier model[feudalism, aka financial capitalism].
Conversely, industrial capitalism; thrives on oil and building up of societies at large[real capitalism].
https://michael-hudson.com/2022/06/pepe-escobar-on-the-ultimate-handbook/
or
https://michael-hudson.com/
I wonder what the real crime was that DB committed. Perhaps like Maddoff they were taking fraud so far that the other fraudsters were worried their own scams might come under scrutiny. Perhaps they didn’t pay their 10% to the Big Guy. Do we seriously think banks in NYC or CoLondon aren’t doing the same stuff? Why was DB different?
The only crime of DB is that is German. If we assume that EU is a tool to rid of US influence in Europe, then logically DB is one of the financial means to exert the German influence over the continent. And ever since Matt Taibi series of articles post 2008 financial meltdown, to me, there is no other way about it but to say, that DB was infested by CIA to compromise that bank in any way possible and use it as its own money laundering enterprise.
“The only crime of DB is that is German.”
No. DB crimes are legion, institutionalized.
How is that any different from the rest of the banking industry? My question is why was DB singled out for such treatment when almost every big bank is constantly engaged in shady deals.
Still, I kinda like your reasoning.
That was one of the thoughts I had, that the real crime was being German. Some people I respect have been saying for a long time that there is a faction within Germany that wants to see it rise again, and most people agree there are factions in the West that wants to see Germany kept down.
“The only crime of DB is that is German.” I know what you mean, or at least I think I do. May I restate it?
‘The real reason DB is being targeted is not for its innumerable crimes and systemic corruption, which is taken for granted with today’s behemoth banking institutions, but for the reason that it represents the German people.’
But is that the reason? That’s what I’m questioning (not, only crime). Does DB really represent the German state, the people? Does the the Federal Reserve Bank in the US represent the American people? Or are both better described as agents of consolidation? …as agents for the west in general?
https://en.m.wikipedia.org/wiki/Climatic_Research_Unit_email_controversy
They were caught manipulate data to show that in fact farting cows do affect weather ^^ And of course “professional” fact checkers said it is absolutely not true- I mean, data manipulation is not true.
What I find amazing is that all these so called environmentalists tend to completely ignore actual environment which our planet is part of – space.