|Derivatives - A complete Audit of Government's "NET" profits is URGENTLY needed!
by Walter Burien
The explanation of derivatives given in the email post copied below is that of a fictional Saturday morning cartoon for children's entertainment.
The International and domestic Commodity Futures market prices are determined by traded contracts of different commodities and a listing of the primary domestic ones can be viewed at the following link:
"Every" trade is settled by the exchange.
The trades can generate massive profits or losses for the players.
All trades generate $$$ cash profits or losses, and every trade settles by the exchange.
Government in the last three decades has taken over the derivatives market.
Upon viewing of "who walks" with all the cash from the trades in end result when trades are closed, local and federal government are taking 90% of the cash profits, and the public and others are stuck with 90% of the losses as a rule in application.
The brokers, exchanges, and a few from the public who get "lucky" are getting the other 10%.
A derivative is an item where a trade can be entered and closed out in five second, five, minutes, five days, or five months.
When closed out, their is no further liability or profit incurred on the trade and as in the profit side, you walk with the cash and the ongoing derivative trades are someone else's issue.
Government as the biggest monopoly on earth has "sucked" all of the cash out of everyone else's pockets as they opened and then closed each and every trade through the use of these derivative trades. Government does take losses, on trades but their NET results for overall profits taken out of the international market places are not touched by any other.
Truck-loads "of cash" were hauled off between 2001 - 2008 into government trading accounts (many government accounts now off-shore) as trades were entered and "closed".
Then come the end of 2008, these government trading account (largest ones mostly off-shore) seeing the inevitable bursting of the housing market boom where the music would stop playing very soon, positioned themselves with massive "short" derivative positions, then intentionally stopped the music at their que, and started to dump their physical equities on the international market place causing the collapse. Thus in doing so guaranteeing a massive profit on their short derivative positions, massive losses on everyone else's trades and to their account balances as they "promoted" their losses to their physical domestic holdings to say "oh look how terrible it is"... Get it?
Then for the definition of arrogance: They then use a trillion dollars here and a trillion dollars there from taxpayer revenue to shore-up the playing field that "they" dis-stabilized in the first place as their greed was applied for complete takeover of the wealth transferred from one hand (domestic government accounts) to the other (off-shore government accounts) through the use of derivatives, a market place that "they" expanded up from an 80 trillion dollar a year international market place in 2000 to a six-hundred trillion dollar a year market place in 2008 giving themselves the ability to pull the plug and clip everyone else...
I will repeat what I have put out in numerous emails in the last four months: "A complete audit of government's off-shore vs. Domestic accounts is urgently needed to determine the net result of the recent market manipulations."
With derivatives, for every one dollar lost, one dollar is credited to another's account. here we are talking in the International Stock Index, Interest Rate Index, Dollar Index, Crude Oil Index, Precious Metals Indexes trillions of dollars transferred.. The exchanges settle EVERY trade, and ALL were settled! SO WHO WALKED WITHE THE CASH!
Government did from all the rest!!!
An audit of the Federal reserve is not what is needed, an audit of Governments NET domestic and international (emphasis added) derivative trading activity held by and managed for government by themselves, or the Federal Reserve, other Banks, Brokerage, and Insurance companies, is what is URGENTLY needed!
Will it be done? I doubt it. That would be like the foxes who just walked with all of the hens out of the hen house conducting an audit on the 50,000 hens that use to be in the hen house that just "disappeared" for disclosure as to "who took them!"
For another piece of the puzzle that ties the many government accounts together creating the biggest monopoly on Earth, read - http://cafr1.com/PAVSG.html
The entertainment of the public goes on and the echoing laughter from a few key players in the back halls of government and their outside cooperatives players continues..
Help CAFR1 with operating funds
From: Judith Van Duyn
Sent: Monday, April 06, 2009 10:30 AM
To: Brenda Alons
Subject: Fw: Derivatives
It all makes sense now,