Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Sunday, April 21, 2013

Seems Bomber Jihadists' Money Traces Back to Saudi Arabia and Osama

Saudi Money for Boston Marathon Bombing

North Caucasus jihadists’ money traces back to Saudi Arabia and Osama bin Laden

The seed money of major North Caucasus or Chechen terrorist groups such as the Caucasus Emirate, the Islamic International Peacekeeping Brigade (IIPB), the Special Purpose Islamic Regiment (SPIR) and the Riyadus-Salikhin Reconnaissance and Sabotage Battalion of Chechen Martyrs (RSRSBCM) can all be traced back to Al Qaeda and Osama bin Laden.

Although we don’t yet know to which groups the two Russian-born brothers of Chechen descent who were identified as suspects in the Boston Marathon bombings may belong, it’s important to take a look back at the origins of the money behind the North Caucasus jihadist network overall.

Islamic International Peacekeeping Brigade

The Council on Foreign Relations says that, “According to the U.S. State Department, the Islamic International Peacekeeping Brigade is the primary channel for Islamic funding of the Chechen guerillas, in part through links to al-Qaeda-related financiers on the Arabian Peninsula.”

The Middle East Forum has more on IIPB:

In October 1999, emissaries of [IIPB founder Shamil Basayev] and [mujahideen leader] Ibn al-Khattab traveled to Kandahar where bin Laden agreed to provide fighters, equipment, and money to conduct terrorism and aid the fight against Russia. Later that year, bin Laden reportedly sent substantial sums of money to Basayev, Ibn al-Khattab, and Chechen commander Arbi Barayev to train gunmen, recruit mercenaries, and buy ammunition.

The United Nations says that, “With Al‑Qaida’s financial support, Al-Khattab also mobilized fighters from Ingushetia, Ossetia, Georgia and Azerbaijan to fight in Chechnya and Dagestan.”

History Commons offers further details similarities between Ibn Khattab and Osama Bin Laden, and the U.S. and U.K.-based imams who have funded Chechen rebels:

They share fundraising and recruiting networks. For example, a Florida cell of radical Sunnis that is monitored by the FBI starting in 1993 is involved with both organizations (see (October 1993-November 2001). Radical London imam Abu Qatada raises money for jihad in Chechnya (see 1995-February 2001 and February 2001) and is a key figure in al-Qaeda-related terrorism who is in communication with al-Qaeda logistics manager Abu Zubaida. [BBC, 3/23/2004; Nasiri, 2006, pp. 273] The Finsbury Park mosque of fellow London imam Abu Hamza al-Masri is used as a conduit for funds for both jihad in Chechnya and bin Laden’s Darunta camp in Afghanistan (see March 1999 and March 2000-February 2001)…

Khattab repaid Bin Laden in kind: “In October 2001, Khattab sent additional fighters to Afghanistan and promised to pay the volunteers’ families a substantial monthly stipend or a large lump-sum payment in the event of their death.”

Special Purpose Islamic Regiment

In a 2003 study, the CDI found that, “Osama bin Laden and his al Qaeda network provided much ideological and financial support to the SPIR after the mid-1990′s. The group has been known to engage in kidnapping, extortion, and contract killings as well to generate money.”

Riyadus-Salikhin Reconnaissance and Sabotage Battalion of Chechen Martyrs

RSRSBCM, like the other North Caucasus terrorist groups, is financially connected to Al Qaeda, as documented in a UN sanctions summary:

In October 1999, emissaries of [RSRSBCM leader Shamil Basayev] and Al-Khattab, who was a leader of IIB, traveled to Usama bin Laden’s home base in the Afghan province of Kandahar, where Bin Laden agreed to provide substantial military assistance and financial aid, including by making arrangements to send to Chechnya several hundred fighters to fight against Russian troops and perpetrate acts of terrorism. Later that year, Bin Laden sent substantial amounts of money to Basayev, Barayev and Al-Khattab, which were to be used exclusively for training gunmen, recruiting mercenaries and buying ammunition.

The RSRSBCM, IIB and SPIR were jointly responsible for the hostage-taking crisis at a Moscow theater in 2002.

Caucasus Emirate

The Caucasus Emirate is a confederation of different Chechen terrorist groups. The International Institute for Strategic Studies notes that in the 1990s, “Al-Qaeda also established a presence in the North Caucasus, where it organized training camps and provided weapons, financing and other logistical support to Chechen rebels.” Previous Money Jihad coverage of the use of zakat to fund jihad in the North Caucuses can be found here and here.

Last year, Caucasus Emirate began demanding “tribute for jihad” by imposing taxes on wealthy residents and businessmen in Dagestan, similar to the forced zakat of the Taliban, taxes levied by Al Shabaab in Somalia, and the revolutionary taxation of Basque separatists and the PKK.

Conclusion

The wealthy Wahhabis of Saudi Arabia, men like bin Laden and Khattab, fanned out in the 1980s and 1990s to wage jihad along the fringes of the Islamic world—places like Afghanistan, Bosnia, and the North Caucasus. They took their own money and the sadaqa donations of rich fellow Arabs to finance their cause. The disease could not be quarantined, and the infection spreads to this day.

Most recently, Chechen jihadists have made the news for joining forces with Syrian rebels, and declaring upon arrival that “Jihad needs very many things. Firstly it needs money.”

So what are the connections between this event?  The money? The Obama’s meeting with the ‘so-called person of interest’ they let get away??  So many questions… again.  So few answers!

Glenn Beck said: “After what I have learned this week I’m a changed person.”  And he has given the the U.S. government until Monday to come clean, or he will be blowing the whistle. 

Beck: “Let me send this message very clear: We know who this Saudi national is. It is in your best interest of the integrity of the people of United States of America. It’s best coming from you, not from a news organization. It’s best coming from you. You have until Monday. We have information on who this man is. And listen to me carefully. In your little “event” world, we know he is a very bad, bad, bad man. I know that doesn’t make any sense to you right now. But on Monday it will…

It makes sense to somebody in Washington.

I don’t bluff. I make promises. The truth matters.

On Monday I reveal everything we know. So let me just say this to those at the highest echelons of government. No the tagging system. They know about events. Not files, events.” 

Read More Here

Please pray for Glenn and his family and pray that other patriots stand-up with him.

Ask Marion - h/t  themuslimissue and George King

The question for the day is… Will the American people stand-up and demand answers… the truth… and consequences for misdeeds or will we let this all go again, like we did Fast and Furious, Benghazi(gate) and so many other questionable actions by this administration (and others) that are covered-up or aided by the Progressive media who support them?!?  It is time to follow our common sense and to dig deep for all the strength we can muster!  For it is beyond time for all freedom-loving Americans to stand-up for the truth!  Time to rebuild!!

Updates: WaPo: Police Released Boston Suspects’ Photos to ‘Limit the Damage’ Being Done by Reddit, Media

Israeli Doctors Are Treating Boston Bombing Suspect: New Details on His Condition

Somewhere along the way we lost our common sense and ability (or interest) to connect the dots!

Related:

Did Big Sis lie when she testified before Congress, last week?

Saudi News Site: Michelle Obama Visited Saudi National in Hospital on Thursday

Tamerlan Tsarnaev mother told FBI 2 years ago son was involved in Jihad

Abdul Rahman Ali Al-Harbi, Bombing ‘Person Of Interest’ Has 6 Saudi ‘Terrorists’ In Family,5 More Are In Gitmo

The Saudi Saga: Key Information Still Being Revealed in Case of former ‘Person of Interest’ Gov’t Considered Deporting

Video: Glenn Beck Gives Government Until Monday to Come Clean About Boston Bombing Cover-Up

Bombing used to slam patriots as 'hate' group

The Media Want Arabs Exonerated

Boston Marathon Bombing Suspect Identified: Video, Photo Images of ‘Dark-Skinned’ Suspect Found – Fox News Confirms That an Arrest Has Been Made… Or Not??

FBI Denies CNN Bombing Arrest Report, Chastises Media

REPORT: Saudi Student -- 'Person of Interest' in Boston Bombings -- To Be Deported...

Obama meets with Saudi foreign minister; not on public schedule...

Obama Invokes Christian Scripture and God During Interfaith Service — and Pledges Boston Terrorists ‘Will Face Justice’

Let’s hope the Boston Marathon bomber is a white American

Limbaugh: Democrats Crave Violent ‘Chaos’ To Justify New Restrictive Gun Laws

MANHUNT: Boston Terror Suspect Dead, the Other on the Loose in Watertown (Check Back for Updates)

Michael Savage Interviews Walid Shoebat on Boston Marathon Bombing Incident – Updated (Great Photos)

This Is What Martial Law Looks Like

Who are the brothers accused of the Boston Marathon bombing?

Boston bombers followers of Iran’s Ayatollah

Chechen insurgents deny any link to marathon bombing

More background on Boston Jihad Bomber: "When we consider prophet Muhammad (s.a.a.w) [may Allah pray for him] as our role model, that's when we achieve true success and a path to Paradise"

Who Is White House visitor Hisham Altalib?  -  Reminder: Who is White House visitor Hisham al Talib?; plus: 2 must-watch Benghazi videos

Sacrificing Freedoms is never the answer!! - “He who choses security over freedom (or liberty) rarely gets either!” …Benjamin Franklin

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Friday, December 7, 2012

The Council Has Spoken!! This Week’s Watcher’s Council Results - 12.07.12

The Watcher’s Council has spoken, the votes have been cast, and the results are in for this week’s Watcher’s Council match up.

This week , we were treated to an interesting spectacle.

Every EU country except the Czech Republic either voted for or abstained from voting against the recognition of ‘Palestine’ as a a state, something that essentially gutted the international treaties of Oslo Accords and the Road Map. A day or so later, these same countries were calling Israel’s ambassadors on the carpet and accusing them of ‘jeopardizing the two state solution’ because they decided to build some badly needed housing on a vacant hillsisde!

As this week’s winner, Joshuapundit’s ‘Palestine’ – A Celebration At The Funeral points out, the celebration over the recognition of ‘Palestine’ is not a new beginning but a wake. Here’s a slice :

The UN has finally taken the step of openly endorsing ‘Palestine’. In response to the PLO’s request, the General Assembly issued Resolution 67/19, giving ‘Palestine’ observer status, which means it is a non-voting member who can join other international bodies like UNICEF or the International Criminal Court.

Prior to the vote, Mahmoud Abbas made a typical speech in which he accused Israel of racism numerous times. Coming from the lips of a man whose thesis at Moscow University denied that the Holocaust occurred, this added yet another touch of comedy to the proceedings.

There was never any doubt about the outcome. Given the 51 nation OIC Muslim bloc, those nations like France, Sweden and others with a restive Muslim population and those they were able to influence, Abbas was certain to get what he asked for. The UN General Assembly could probably be relied on to pass a resolution saying Jews had horns on their heads with a decent majority.

What the UN did, essentially, was to flush two international treaties, the Oslo Accords and The Road Map down the toilet, as if they never existed. The resolution unilaterally grants Abbas and the PLO statehood status and ‘the right of the Palestinian people to self-determination and to independence in their State of Palestine on the Palestinian territory occupied since 1967′ ( never mind that there was no ‘Palestinian territory’ at that time) ‘including East Jerusalem’ without any pretense of negotiating anything whatsoever. No surprises there, since that’s been the PLO’s real position all along.

Even more farcically, the resolution calls for ‘the urgent need for the resumption and acceleration of negotiations within the Middle East peace process.’

After what the UN General Assembly claims it granted to the PLO in this resolution, why would they suppose there’s anything left to negotiate? Who makes the best felafel? And why would the Israelis even bother, seeing how the PLO and the so-called international community regards treaties and agreements when it concerns Jews and Israel?

burning hanoukia

Speaking of which, to those of you whom celebrate it, Hanukkah begins this Saturday night, right after the Jewish Sabbath…take time to celebrate and remember that Israel and the Jewish people have triumphed over much greater odds in the past before. Ma’ale Adumim, after all, is not so far from Modi’in, where a group of Jewish farmers decided that enough was enough and their G-d and their freedom weren’t negotiable anymore…Chag Hanukkah Sameach

In our non-Council category, the winner was Victor Davis Hanson with Waiting for the GOP’s Populist Turn submitted by Joshuapundit. In it VDH examines the next direction for the GOP to go to reclaim its popularity. Unfortunately , given the Republican establishment’s current war on conservatives and anyone associated with the Tea Party, it’s beginning to look more an dmore like that new direction of conservative populism might end up coming from a third party.

OK, here are this week’s full results:

Council Winners
Non-Council Winners

Honorable Mentions

See you next week! Don’t forget to tune in on Monday AM for this week’s Watcher’s Forum, as the Council and their invited guests take apart one of the provocative issues of the day and weigh in…don’t you dare miss it. And don’t forget to like us on Facebook and follow us Twitter..’cause we’re cool like that!

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Friday, August 24, 2012

Customer Deposits Are Property of the Bank: Close Your Account NOW

By Susanne Posel - heintelhub.com - August 24, 2012 – h/t to MJ

In June of 2012, Eric Bloom, former chief executive, and Charles Mosely, head trader of Sentinel Management Group (SMG) were indicted for stealing $500 million in customer secured funds.

Both Mosely and Bloom were accused of “exposing” customer segregated funds “to a portfolio of highly risky derivatives.”

These customer funds were used to “back up personal investments” which were part of “collateral for a loan from Bank of New York Mellon” (BNYM).

This loan derived from stolen customer monies was “used to purchase millions of dollars worth of high-risk, illiquid securities, including collateralized debt obligations, or CDOs, for a trading portfolio that benefited Sentinel’s officers, including Mosley, Bloom and certain Bloom family members.”

Fast forward to August 9th of 2012, and the 7th Circuit Court of Appeals (CCA) rules that BNYM can be moved to first in line of creditors over the customers that had their funds stolen by SMG.

When a banking customer deposits their money into their bank account, the Federal Deposit Insurance Corporation (FDIC) and Securities Investor Protection Corporation (SPIC) are in place to protect the customer from fraud or theft.

The ruling from the CCA means that these regulatory systems will not insure customer funds, investments, depositors and retirees who hold accounts in banks.

In fact, the banking institution is now legally allowed to use those customer funds deposited as collateral, payment on debts for loans made, or free use on the stock market to purchase investments as the bank sees fit.

Fred Grede, SMG trustee, explained that brokers are no longer required to keep customer money separate from their own. “It does not bode well for the protection of customer funds.”

Since the ruling gives banks the right to co-mingle customer funds with their own, no crime can be committed for the use of customer deposited monies.

According to Walker Todd , former lawyer for the Federal Reserve Bank of New York and Cleveland:

“Basically, there is a new 7th Circuit opinion saying that there is no reason to impose a constructive trust on a lender’s takings of customers’ funds from client commodity firms that were used (inappropriately) to secure the firms’ borrowings, as long as the lender can say that it did not know WITH CERTAINTY that customers’ funds were being repledged. Negligence and misappropriation (vs. knowing criminal intent) are now a sufficient excuse for letting the lender keep the money and go to the head of the line for distributions in bankruptcies of the client commodity firms.”

When a customer deposits money into a bank, the bank essentially issues a promise to have those funds available when the customer returns to withdraw the deposited amount.

When the same customer withdraws funds from their account (whether checking or savings) the customer assumes that the bank has enough funds to cover their withdrawal; including the presumption that their monies are separate from the bank’s assets.

Now, those funds are up for grabs by the bank at their discretion without explanation to the customer – nor is the bank obligated to recoup the customer should they “lose” those funds due to bad loans, bankruptcy or stock market loss.

In Texas, Pamela Cobb, manager of Bank of America (BoA), stole an estimated $2 million from customer funds for personal use. Cobb had been taking customer segregated funds since 2002.

Customers have complained of fraudulent charges placed on their accounts that BoA cannot explain. When the customer brings these charges to the in-house fraud department, they are given the run-around until they acquiesce.

Other customers have had their private possessions stolen right out of their safety deposit box held at BoA. The safety deposit box was drilled into and the contents shipped to the BoA corporate holding center in South Carolina.

In 1992 to 2003, Citibank called their theft of customer funds “account sweeping” wherein they stole more than $14 million from customers nationally.

Using computerized credit card processes to remove positive and negative balances from customers, the scheme included double payments or funds paid out on returned purchases that were then attributed back to the customer.

At Chase bank, an anonymous employee opened an account under a customer name (targeting an Alzheimer’s sufferer), complete with a personal debit card.

An estimated $300 per day was withdrawn on the fraudulent account. When family representing the victim alerted Chase, they brushed them off with an internal investigation claim – even as the family sought legal action.

Banking fraud against the elderly has risen of late, since banks realize they can steal massive amounts of cash from their aging customers with little to no repercussions.

The recent ruling on SMG has given the banking industry the legal backing they have been lacking when stealing from their customers.

Our financial institutions have been planning for a financial collapse wherein the US government will not offer assistance.

The resolution plans required by the Federal Reserve Bank, described schemes to have the major domestic banks remain afloat by selling off assets, finding alternative sources of funding, reducing risky measures that make a quick buck. These strategies were to be perfected with “no assumption of extraordinary support from the public sector.”

The mega-banks, through Wall Street, are also acquiring firearms, ammunition and control over private mercenary corporations like DynCorp and ‘Blackwater” as authorized by the Department of Defense (DoD) directive 3025.18 .

DynCorp is a military-based private mercenary contractor that provides (among other services) intelligence training and support, international security, contingency plans and operations. Ninety-six percent of their funding is based on annual revenues from the US federal government.

The international branch of DynCorp has operated as a “police force” even assisting local law enforcement during Hurricane Katrina.

Named as investors for the amassing of gun and ammunition manufacturers are Citibank, BoA, Barclays and Deutsche Bank who are pouring money into Cerebus and Veritas Equity who have taken over private corporations involved in the controlling riot situations.

The Federal Reserve Bank, one of the heads of banking cartels, has their own police force which operates as a protective security for the Fed against the American public.

As part of the Federal Reserve Act signed in 1913, the designation of a Federal Law Enforcement – special police officers that are exclusively regulated by authority of the Fed (whether in uniform or plain clothes.

These specialized police officers (who train with Special Response Teams) can work in tandem with local law enforcement or US federal agencies. These officers are heavily armed with semi-automatic pistols, sub machine guns and assault rifles as well as body armor.

Of recent, when withdrawing cash from an ATM, the daily allotted amount has decreased with some banks, thereby forcing the customer to go into the branch and extract the difference with a teller.

At this point, according to anonymous informants, the customer is taken into a backroom to be questioned as to why they want the cash, what they are purchasing with the cash, why they are not choosing to use a debit card or another form of digital trade to make the purchase. These questions are not only intrusive, they are illegal.

Some anonymous sources have said that banking representatives who conduct the integrations are directed to keep a record of customer responses on an online application that will be sent to the FBI in conjunction with Patriot Act mandates on tracking banking activity.

Customer funds are no longer secure, no longer backed by the FDIC or other insurance corporations, and banks are legally allowed to co-mingled customer money with other funds of the bank. The only safe place for your money is with you.

Now is the time to close your bank account.

Susanne Posel is the Chief Editor of Occupy Corporatism Our alternative news site is dedicated to reporting the news as it actually happens; not as it is spun by the corporate-funded mainstream media. You can find us on our Facebook page.

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Friday, January 13, 2012

Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts

This gives a new meaning to " gov’t. corruption"!!!!

No wonder they didn't want to be Audited..

Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts - unelected.org - Click: The Silver Bear Cafe

The first ever GAO (Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal Reserve audit in the Senate, but watered down the original language of the house bill (HR1207), so that a complete audit would not be carried out. Ben Bernanke(pictured to the right), Alan Greenspan, and various other bankers vehemently opposed the audit and lied to Congress about the effects an audit would have on markets. Nevertheless, the results of the first audit in the Federal Reserve’s nearly 100 year history were posted on Senator Sander’s webpage earlier this morning.

What was revealed in the audit was startling:

$16,000,000,000,000.00 had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world’s banks, corporations, and governments. The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest. Why the Federal Reserve had never been public about this or even informed the United States Congress about the $16 trillion dollar bailout is obvious - the American public would have been outraged to find out that the Federal Reserve bailed out foreign banks while Americans were struggling to find jobs.

To place $16 trillion into perspective, remember that GDP of the United States is only $14.12 trillion. The entire national debt of the United States government spanning its 200+ year history is "only" $14.5 trillion. The budget that is being debated so heavily in Congress and the Senate is "only" $3.5 trillion. Take all of the outrage and debate over the $1.5 trillion deficit into consideration, and swallow this Red pill: There was no debate about whether $16,000,000,000,000 would be given to failing banks and failing corporations around the world.

In late 2008, the TARP Bailout bill was passed and loans of $800 billion were given to failing banks and companies. That was a blatant lie considering the fact that Goldman Sachs alone received 814 billion dollars. As is turns out, the Federal Reserve donated $2.5 trillion to Citigroup, while Morgan Stanley received $2.04 trillion. The Royal Bank of Scotland and Deutsche Bank, a German bank, split about a trillion and numerous other banks received hefty chunks of the $16 trillion.

"This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else." - Bernie Sanders (I-VT)

When you have conservative Republican stalwarts like Jim DeMint(R-SC) and Ron Paul(R-TX) as well as self identified Democratic socialists like Bernie Sanders all fighting against the Federal Reserve, you know that it is no longer an issue of Right versus Left. When you have every single member of the Republican Party in Congress and progressive Congressmen like Dennis Kucinich sponsoring a bill to audit the Federal Reserve, you realize that the Federal Reserve is an entity onto itself, which has no oversight and no accountability.

Americans should be swelled with anger and outrage at the abysmal state of affairs when an unelected group of bankers can create money out of thin air and give it out to megabanks and super-corporations like Halloween candy. If the Federal Reserve and the bankers who control it believe that they can continue to devalue the savings of Americans and continue to destroy the US economy, they will have to face the realization that their trillion dollar printing presses will eventually plunder the world economy.

The list of institutions that received the most money from the Federal Reserve can be found on page 131 of the GAO Audit and are as follows..

Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
and many many more including banks in Belgium of all places

View the 266-page GAO audit of the Federal Reserve(July 21st, 2011): http://www.scribd.com/doc/60553686/GAO-Fed-Investigation

Source: http://www.gao.gov/products/GAO-11-696
FULL PDF on GAO server: http://www.gao.gov/new.items/d11696.pdf
Senator Sander’s Article: http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3

Source: unelected.org  - Click: The Silver Bear Cafe

(The Motto of the Silver Bear Cafe is: "Serving up a heaping helping of the Truth, with a generous side of Common Sense")

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Saturday, November 19, 2011

Hedge Broker Goes Galt: Ann Barnhardt Shuts Down Firm With Chilling Letter

This is an absolute must-read.

If you haven't yet read this letter, due to the recommendation of Rush Limbaugh yesterday, you really need to. This lady, Ann Barnhardt, tells it like it is.

She speaks without fear, holding to the truth, in a manner that would shock most in the business world. Needless to say, she's a Bible-believing Christian. She simply doesn't care about the consequences of telling the truth, and letting the chips fall where they may. This lady rocks!

Here's the story, from The Blaze:

Posted on November 18, 2011 at 8:45am by Jonathon M. Seidl
Ann Barnhardt describes herself as a an “an old-school commercial hedge broker specializing in CATTLE and GRAIN.” And she just shut down her business by delivering a passionate and chilling open letter posted on her website.
“I could no longer tell my clients that their monies and positions were safe in the futures and options markets – because they are not,” she writes. And then she unloads:

Everything changed just a few short weeks ago. A firm, led by a crony of the Obama regime, stole all of the non-margined cash held by customers of his firm. Let’s not sugar-coat this or make this crime seem “complex” and “abstract” by drowning ourselves in six-dollar words and uber-technical jargon. Jon Corzine STOLE the customer cash at MF Global. Knowing Jon Corzine, and knowing the abject lawlessness and contempt for humanity of the Marxist Obama regime and its cronies, this is not really a surprise. What was a surprise was the reaction of the exchanges and regulators. Their reaction has been to take a bad situation and make it orders of magnitude worse. Specifically, they froze customers out of their accounts WHILE THE MARKETS CONTINUED TO TRADE, refusing to even allow them to liquidate. This is unfathomable. The risk exposure precedent that has been set is completely intolerable and has destroyed the entire industry paradigm. No informed person can continue to engage these markets, and no moral person can continue to broker or facilitate customer engagement in what is now a massive game of Russian Roulette. [Emphasis added]

The letter caught the attention of Rush Limbaugh on Thursday.

“The letter from the hedge fund guy sounds particularly filled with vitriol, but he’s right about something,” Limbaugh said after reading an excerpt. “Corzine was that firm, and the customers’ money is gone, and it’s like $600 million of it, and it’s gone, and they’re trying to get it back, it’s a miniature Madoff in that sense. And somebody did steal that money. Somebody at that firm, which is now bankrupt and 1,100 people or thereabouts have been laid off, somebody stole the clients’ money. It is a big deal to a lot of people.”
We’ve included the entire letter (originally presented in two parts) below (courtesy of Zero Hedge):

BCM Has Ceased Operations (source)
Posted by Ann Barnhardt – November 17, AD 2011 10:27 AM MST

Dear Clients, Industry Colleagues and Friends of Barnhardt Capital Management,

It is with regret and unflinching moral certainty that I announce that Barnhardt Capital Management has ceased operations. After six years of operating as an independent introducing brokerage, and eight years of employment as a broker before that, I found myself, this morning, for the first time since I was 20 years old, watching the futures and options markets open not as a participant, but as a mere spectator.

The reason for my decision to pull the plug was excruciatingly simple: I could no longer tell my clients that their monies and positions were safe in the futures and options markets – because they are not. And this goes not just for my clients, but for every futures and options account in the United States. The entire system has been utterly destroyed by the MF Global collapse. Given this sad reality, I could not in good conscience take one more step as a commodity broker, soliciting trades that I knew were unsafe or holding funds that I knew to be in jeopardy.

The futures markets are very highly-leveraged and thus require an exceptionally firm base upon which to function. That base was the sacrosanct segregation of customer funds from clearing firm capital, with additional emergency financial backing provided by the exchanges themselves. Up until a few weeks ago, that base existed, and had worked flawlessly. Firms came and went, with some imploding in spectacular fashion. Whenever a firm failure happened, the customer funds were intact and the exchanges would step in to backstop everything and keep customers 100% liquid – even as their clearing firm collapsed and was quickly replaced by another firm within the system.

Everything changed just a few short weeks ago. A firm, led by a crony of the Obama regime, stole all of the non-margined cash held by customers of his firm. Let’s not sugar-coat this or make this crime seem “complex” and “abstract” by drowning ourselves in six-dollar words and uber-technical jargon. Jon Corzine STOLE the customer cash at MF Global. Knowing Jon Corzine, and knowing the abject lawlessness and contempt for humanity of the Marxist Obama regime and its cronies, this is not really a surprise. What was a surprise was the reaction of the exchanges and regulators. Their reaction has been to take a bad situation and make it orders of magnitude worse. Specifically, they froze customers out of their accounts WHILE THE MARKETS CONTINUED TO TRADE, refusing to even allow them to liquidate. This is unfathomable. The risk exposure precedent that has been set is completely intolerable and has destroyed the entire industry paradigm. No informed person can continue to engage these markets, and no moral person can continue to broker or facilitate customer engagement in what is now a massive game of Russian Roulette.

I have learned over the last week that MF Global is almost certainly the mere tip of the iceberg. There is massive industry-wide exposure to European sovereign junk debt. While other firms may not be as heavily leveraged as Corzine had MFG leveraged, and it is now thought that MFG’s leverage may have been in excess of 100:1, they are still suicidally leveraged and will likely stand massive, unmeetable collateral calls in the coming days and weeks as Europe inevitably collapses. I now suspect that the reason the Chicago Mercantile Exchange did not immediately step in to backstop the MFG implosion was because they knew and know that if they backstopped MFG, they would then be expected to backstop all of the other firms in the system when the failures began to cascade – and there simply isn’t that much money in the entire system. In short, the problem is a SYSTEMIC problem, not merely isolated to one firm.

Perhaps the most ominous dynamic that I have yet heard of in regards to this mess is that of the risk of potential CLAWBACK actions. For those who do not know, “clawback” is the process by which a bankruptcy trustee is legally permitted to re-seize assets that left a bankrupt entity in the time period immediately preceding the entity’s collapse. So, using the MF Global customers as an example, any funds that were withdrawn from MFG accounts in the run-up to the collapse, either because of suspicions the customer may have had about MFG from, say, watching the company’s bond yields rise sharply, or from purely organic day-to-day withdrawls, the bankruptcy trustee COULD initiate action to “clawback” those funds. As a hedge broker, this makes my blood run cold. Generally, as the markets move in favor of a hedge position and equity builds in a client’s account, that excess equity is sent back to the customer who then uses that equity to offset cash market transactions OR to pay down a revolving line of credit. Even the possibility that a customer could be penalized and additionally raped AGAIN via a clawback action after already having their customer funds stolen is simply villainous. While there has been no open indication of clawback actions being initiated by the MF Global trustee, I have been told that it is a possibility.

And so, to the very unpleasant crux of the matter. The futures and options markets are no longer viable. It is my recommendation that ALL customers withdraw from all of the markets as soon as possible so that they have the best chance of protecting themselves and their equity. The system is no longer functioning with integrity and is suicidally risk-laden. The rule of law is non-existent, instead replaced with godless, criminal political cronyism.

Remember, derivatives contracts are NOT NECESSARY in the commodities markets. The cash commodity itself is the underlying reality and is not dependent on the futures or options markets. Many people seem to have gotten that backwards over the past decades. From Abel the animal husbandman up until the year 1964, there were no cattle futures contracts at all, and no options contracts until 1984, and yet the cash cattle markets got along just fine.

Finally, I will not, under any circumstance, consider reforming and re-opening Barnhardt Capital Management, or any other iteration of a brokerage business, until Barack Obama has been removed from office AND the government of the United States has been sufficiently reformed and repopulated so as to engender my total and complete confidence in the government, its adherence to and enforcement of the rule of law, and in its competent and just regulatory oversight of any commodities markets that may reform. So long as the government remains criminal, it would serve no purpose whatsoever to attempt to rebuild the futures industry or my firm, because in a lawless environment, the same thievery and fraud would simply happen again, and the criminals would go unpunished, sheltered by the criminal oligarchy.

To my clients, who literally TO THE MAN agreed with my assessment of the situation, and were relieved to be exiting the markets, and many whom I now suspect stayed in the markets as long as they did only out of personal loyalty to me, I can only say thank you for the honor and pleasure of serving you over these last years, with some of my clients having been with me for over twelve years. I will continue to blog at Barnhardt.biz, which will be subtly re-skinned soon, and will continue my cattle marketing consultation business. I will still be here in the office, answering my phones, with the same phone numbers. Alas, my retirement came a few years earlier than I had anticipated, but there was no possible way to continue given the inevitability of the collapse of the global financial markets, the overthrow of our government, and the resulting collapse in the rule of law.

As for me, I can only echo the words of David:

“This is the Lord’s doing; and it is wonderful in our eyes.”
With Best Regards-  Ann Barnhardt

“I am going to head out of town for a few days, but will be checking email and messages,” Barnhardt wrote, after describing her letter as “going Galt” — a reference to Ayn Rand’s “Atlas Shrugged.”
“Thanks to one and all for the kind support and prayers. Please be assured of mine in return, for all of us.”
Read more about MF Global here and here.
UPDATE:
It turns out Barnhardt has a history of being quite outspoken. She regularly posts videos to a YouTube channel and has a history of making controversial statements about Islam. She’s also come under fire for her thoughts on the bin Laden raid.

Despite some of her baggage, though, she is grabbing headlines. Besides catching the attention of Zero Hedge and Limbaugh, her story was also featured in an article on Bloomberg Business Week’s website today.

Could it be that despite her past, her present story is still compelling?
(H/T: Andrea Shea King)
--------
And if you think that was bold, just watch her video clip where she dares to criticize Islam, in very candid terms (she's not happy about the pro-Islamic propaganda in the media, and she goes after Islam itself, for being a TOTALITARIAN POLITICAL SYSTEM, not a religion, and she goes after Mohammed's sexual perversions [CONTENT WARNING: Graphic Descriptions of Mohammed's Sexual Perversion]), so don't watch it if you're uncomfortable with harsh criticism, including criticism of sexual perversion.

While I don't agree with every word she says in the video (and elsewhere; I disagree with many, but not all, of her thoughts on the Bin Laden Raid in Pakistan, for example), she is largely correct. And it's definitely worth a watch, unless you're defensive of Islam, or you don't wish to watch criticism of sexual perversion, or you're a Muslim (In the last instance, you'll be quite upset), you'll definitely have your eyes opened if you haven't studied the Qu'ran. This is as politically incorrect as it gets. If you don't want to see hardcore (yet factual) criticism of Islam, DO NOT WATCH THIS. Ann pulls no punches. She simply speaks without fear, questioning with boldness (this is part 1 of 4, so if you liked it, go to her YouTube channel and watch the rest):

Video: Ann Barnhardt "Islamic Sexuality: A Survey of Evil" Part 1 of 4

Don’t know who Galt is?  If not you need to read: Atlas Shrugged or better yet get Ayn Rand’s Box Set including Atlas Shrugged and The Fountainhead

Also check out Schweizer’s and Abramhoff’s new books:  Throw Them All Out and Capitol Punishment

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Sunday, June 12, 2011

The Biggest Bank in France Has Suddenly Cut ATM Card Access to Cash in Half and People are Freaking Out!

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http://www.jovanovic.com/blog.htm

I just got off the phone with Pierre Jananovic . . . La Banque Postale has lowered the limits on the amounts of cash customers can withdraw per week by 50%. First of all, for you Americans and Brits, the way France works its banking system – customers are limited to how much they can withdraw per week from their accts no matter what the balance. Now what has happened here is that Gold card members – who could take out 3,000 euros a week – are now limited to 1,500 a week. This was sudden, without warning, and people here in France are freaking out. Pierre tells me that its the first clear sign that liquidity in the European banking system is drying up.

http://maxkeiser.com/2011/06/07/the-biggest-bank-in-france-has-atm-card-access-to-cash-in-half/

If you remember we warned about this happening  here in the U.S. (sometimes it really stinks to be right!)

(Reprint below)

And is it a coincidence that this is happening just as the big Bilderberg conference in St. Moritz is closing? 

 

Is An ATM Cash Shortage Coming?

Submitted by Tyler Durden on 11/08/2010 11:35 -0500

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Image: Betsy Fletcher

While we have no way to confirm or refute the validity of this statement presented by a supposed ATM business insider on Steve Quayle.com, it does bring up an interesting point regarding how banks may be conserving "petty cash." Of course, if this perspective is true, it validates concerns about bank capitalization, and explains the reason why the FDIC recently expanded insurance on checking accounts from $250,000 to infinity in an attempt to get Americans to put their money in their friendly neighborhood bank. Of course, that this contradicts everything that the Fed Chairman is trying to do by getting Americans to spend (or buy Netflix at a 1,000 P/E) instead of putting the money in the bank, is precisely the reason why Sheila Bair's relationship with Geithner and Bernanke is, shall we say, tenuous.

From Steve Quayle (who may or may not have properly attributed the original article on Urban Survival).

"George, I work with a business partner in the [region redacted] . We have combined between us 180 ATM machines that we service, Cash Load. In order to do this we NEED to order the money, 20's only from several banks on a weekly basis. This is a considerable amount weekly, 380k plus. Here is the interesting piece that is developing: In the past several weeks 4 of the MAJOR banks have informed us that they can no longer provide us with the cash for our business. Now the problem is that it is OUR money we are taking out!

So speaking with bank "personnel" on the side my question was this, what is going on? how come we cannot take OUR money out? Answer: "they" are not authorized to hold, carry or have on hand anymore more than a certain amount of cash on hand! The amount we are getting, even though it is out of our account, they cannot order or have on hand that amount of cash at any time now. I am not talking small banks...large banks [large money center bank in America name redacted] etc...!

We can see our ability to keep these machines with available cash is becoming more and more difficult. This has taken place just in the past few weeks. By the way, these banks were willing to lose our full business due to this issue. Trying to work with smaller banks now...we will see how long!"

h/t Kyle

ATMs Crash Across The Country After “Bank Holiday” Warning

Paul Joseph Watson -  Infowars.com - November 8, 2010

Following rumors of a “bank holiday” that could limit or prevent altogether cash withdrawals later this week, Twitter and other Internet forums were raging yesterday about numerous ATMs across the country that crashed in the early hours of Sunday morning, preventing customers from performing basic transactions.

It’s unknown whether the crashes were partly a result of a surge of people trying to withdraw their money in preparation for any feared bank shutdown, or if mere technical glitches were to blame. The fact that the problem affected numerous different banks in different parts of the U.S. would seem to indicate the former.

The Orange County Register reported that the problems were “part of a national outage” which prevented people from performing simple transactions such as cashing checks and withdrawing money.

“Computer issues” were blamed for similar issues in Phoenix Arizona, while in Birmingham Alabama, Wells Fargo customers’ online banking accounts and ATMs displayed incorrect balances.

The banks primarily affected were Wells Fargo, Chase and Bank of America, but according to blogger Phil Brennan, who studied Twitter feeds and other Internet message boards that were alight with the story, numerous other financial institutions were also affected, including US Bank, Compass, USAA, Suntrust, Fairwinds Credit Union, American Express, BB&T on the East Coast and PNC.

“Twitter is going crazy with reports of ATMs and online accounts going down as of 01:00 hours EST of the 7th of November 2010,” writes Brennan. “This is happening to many banks all across America. Some are trying to say that it is a computer glitch to do with the change in Daylight Savings Time, but I will call BS on this as we manage to put our clocks back over here in the UK without knocking out ATMs and online accounts nationally.”

Brennan questions whether the outages were the first warning shots in a move to “devalue the dollar,” just days after Federal Reserve chairman Ben Bernanke sparked an international currency war by announcing that the Fed will buy $600 billion of U.S. government bonds over the next eight months.

Any perceived inability of banks to deal with a sudden demand for cash would undoubtedly place in peril the United States’ triple A credit rating and spark a fresh dollar crisis.

“In the light of what is going on geopolitically, I am still very suspicious about the reasons for this mass downtime of ATMs and Online Accounts, adds Brennan. “There is still a very distinct possibility that November the 11th will turn into an extended Bank Holiday so I would advise all those who can get their money out of their banks to do so, even if you have to pay your upcoming bills manually.”

As we reported last week, the “bank holiday” rumor has reared its ugly head once again, after a story emerged that a pastor was told by one of the managers of a prominent east coast bank that banks would close for an undetermined amount of time, and that when they reopened, “all withdrawals by checks would be limited to $500 per week – no matter what the balance in the account is.”

Though the story is still an unconfirmed rumor, banks have been preparing for limiting withdrawals. As we reported back in February, Citigroup sent an advisory to its customers at the start of the year which stated that the bank reserved “the right to require (7) days advance notice before permitting a withdrawal from all checking accounts.” The advisory stoked fears that financial institutions were preparing for bank runs.

Fresh food that lasts from eFoods Direct (Ad)

While we still think this new bank holiday rumor will subside as the previous two did earlier this year and last, in the current economic climate it would be foolish not to keep at least a small amount of your savings in physical cash. The current financial turmoil has been likened with the post 1929 period, during which newly elected Franklin Roosevelt declared a “bank holiday” that lasted four days, therefore such a scenario is not without historical precedent.

—

Paul Joseph Watson is the editor and writer for Prison Planet.com. He is the author of Order Out Of Chaos. Watson is also a fill-in host for The Alex Jones Show. Watson has been interviewed by many publications and radio shows, including Vanity Fair and Coast to Coast AM, America’s most listened to late night talk show.

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Friday, June 10, 2011

Doomsday? China claims U.S. already in default

The faces of stock traders tell the story that big trouble is brewing.The faces of stock traders tell the story that big trouble is brewing.

(Photo by Scott Olson/Getty Images

As a means of stirring up political opposition to the intention of Congressional conservatives to refuse to raise the debt ceiling, the Obama Administration, Congressional Democrats, and liberals in general have warned that if we do not raise the debt limit the U.S. will 'default on its obligations to its lenders.' Apparently that warning was highly misplaced. One of America's largest creditor nations, China, is claiming today that the U.S. is already defaulting on its loans. Is this the doomsday many have warned about for at least 3 years?

The Obama Administration has pursued a policy of deliberately devaluing the dollar and spending the nation into oblivion with money that is borrowed. Many astute political observers, including this writer, have warned incessantly that such a policy would ultimately lead to economic collapse. The more the Administration spends borrowed money without restraint, the more likely it is that the nation will default, given that it has no money to pay its creditors and its creditors are becoming more convinced by the day that they cannot lend America any more money.

Without the luxury of continuing to borrow money, the vast majority of America's obligations to senior adults and the disabled poor will go unfunded. This will lead to widespread suffering on a scale never before experienced in the United States of America.

Not surprisingly, the stock market plunged again today in response to such news, dipping below 12,000 for the first time in months. Today's plunge represents the worst sustained decline in stocks since 2002, just after the 9/11 attacks.

What does this mean for the average citizen on the street?

t means inflation will necessarily skyrocket. This has already happened in the food and energy sectors, but the government conveniently does not count these two items in its inflation numbers. Further, look for food shortages, energy shortages, and continued skyrocketing costs. Electricity rates will be raised to historic levels, in keeping with a statement Obama made in 2007, "Under my plan, energy costs will necessarily skyrocket."

The nation can also look for civil unrest as citizens grow increasingly outraged that their government has deliberately pursued policies that have brought the nation to the brink of ruin. Even James Carville, former Bill Clinton advisor, confirmed that such a scenario is not mere speculation or fear-mongering but a distinct possibility.

What can the government do to reverse this march into the abyss? Stop spending money. Cut the budget drastically. Don't borrow any more money. The government must live off of only what it takes in from the citizens in the current tax structure. And taxes must not be raised in any shape, form, or fashion. That would merely throw dirt on the grave.

In addition, the nation must lower the tax rate for business, making this country the most business-friendly nation on earth. Only the private sector can get the economy moving again, and a friendly and non-oppressive tax structure would do the trick in getting businesses to invest and hire workers.

Be sure to catch my blog at The Liberty Sphere. Visit my ministry site at Martin Christian Ministries.

Source: Examiner.com

 

German Rating Agency Feri Downgrades US Government Bonds: AAA to AA!

The first Western downgrade of US government bonds is a fact! The German credit rating agency Feri lowered its rating on US debt by a full notch, from AAA to AA.

Here is the German press release: Feri Downgrades US Gov Debt AAA to AA

The English translation:

Homburg, 8 June 2011 - The Bad Homburg Feri EuroRating & Research AG downgraded the first credit rating agency's credit rating for the United States from AAA to AA. Feri analysts justify the downgrade by the continuing deterioration of the creditworthiness of the country due to high public debt, inadequate fiscal measures, and weaker growth prospects.

"The U.S. government has fought the effects of the financial market crisis primarily by an increase in government debt. We do not see that there is sufficient attention being paid to other measures, "said Dr. Tobias Schmidt, CEO of Feri Rating & Research AG. "Our rating system shows a deterioration in economic health, so the downgrading of the credit ratings of U.S. is warranted."

For the third consecutive year the deficit of the United States is in double digit percentages relative to gross domestic product (GDP). "Deficits of such magnitude are not a sustainable fiscal policy. We would reconsider the rating when the U.S. government creates a long-term sustainable budget," said Schmidt.

Feri Rating is listed on the Federal Financial Supervisory Authority (BaFin) as an EU credit rating agency approved and created with more than 20 years experience in sovereign ratings. Every month, the Feri analysts evaluate sovereign credit ratings from the perspective of a foreign investor based on the ability and willingness of countries to repay their debts. The credit ratings have eleven possible gradations between "AAA" (best credit) and "Default".

Obama's Jobs Plan Takes a Page From Marx

By Investor's Business Daily

Politics: The president has unveiled a plan to cut joblessness with an industrial policy from the 19th century. In this "new" economy, government will pick winners and losers for industry. It didn't work then, it won't work now.

Taking a cue from classical Marxist theory as well as vintage union organizing doctrine, both discounting the value of service work over manufacturing, we now see President Obama touting training for factory jobs over all others, pushing government spending in that area and calling it a jobs recovery plan.

"I see a future where we train workers who make things here in the United States, and continue a important and honorable tradition of folks working with their hands, creating value, not just shuffling paper," he said Wednesday at Northern Virginia Community College, urging students to pack up and go to ... Detroit.

As he announced his public-private "Skills for America" partnership to train and credential 500,000 students for jobs in industries favored by the Obama administration, it bears looking at how at odds this approach is to both history and economic reality.

"We know it means building the infrastructure, the roads and bridges, and manufacturing new products here ... that create good jobs," Obama said. "Above all, it means training and educating our citizens to out-compete workers from other countries."

The Bill Moyers crowd has been touting manufacturing-era nostalgia for years, claiming the world would go back on its axis if America could just shut its market and put everyone back into blue collars, turning gears and listening for the lunch whistle.

Fact is, the more advanced the economy, the greater percentage of the work force that moves out of manufacturing and into services.

Economists call this the "tertiary progression" of development - from farming and fishing, to the Industrial Revolution, to an advanced service economy. Every rich nation has followed this path - every one.

In the U.S., that move started not last decade but more than 70 years ago. In the U.S. there are six times more service workers than factory workers, boasting higher skills and per capita income. U.S. trade data consistently show U.S. surpluses in service exports across the board because that's America's competitive advantage.

Now the president wants us to "give back" all that white collar development and return to a simpler sort of economy premised on manufacturing - one that's more characteristic of today's China or Peru than a developed economy such as America.

Amazingly, he wants this even though he admits state-directed industrial policy has failed. "We've got a lot of programs out there," he said. "If a program does not work in training people for the jobs of the future and getting them a job, we should eliminate that program."

Which defies belief when one recalls he's holding up job-creating free-trade treaties with Colombia, Panama and South Korea for just such a useless training program called "Trade Adjustment Assistance," or TAA.

That program is so bad a 2008 American University study by Kara Reynolds and John Palatucci declared it "of dubious value in terms of helping displaced workers find new, well-paying employment opportunities." Obama is holding up a proven way to create jobs - trade deals - to expand TAA from $2 billion to $7 billion.

It's as if all the economic knowledge acquired in the course of the 20th century never made it to the Obama White House. Obama wants to pick industrial winners while the economy languishes from high taxes, massive new regulatory burdens and his failure on free trade.

The only logic that can explain this is that Obama means to spend more money on vocational education to prepare kids for work in industries dominated by unions - Obama's main base of political support.

Presumably, if enough community college students can be trained for traditionally unionized manufacturers, employers will have no choice but to hire them. That's a win-win-win-win for educational bureaucrats, unions, jobs and Obama's political prospects.

Too bad the rest of the economy - which accounts for three-quarters of all U.S. output - didn't make Obama's list of industrial winners.

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Tuesday, May 24, 2011

CASHLESS… GUNLESS… SOCIETY: Now you can pay by just saying your name at the register and…

 

Video:  Cashless Society: Now You Can Pay By Just Saying Your Name at the Register… Really?

Taking your money, or means of purchasing, and your guns; those are the next step in Obama’s ‘the plan’ and steps toward big brother globalism… the NWO.  This type of cashless economics is also the way to the RFID chip through nudging.

 

Are you prepared for Obama's attack of new anti-gun laws? I hope so. Because right now, Obama is holding meetings that could determine if you can even own a gun in the future!

That's right - instead of doing his job - i.e. fixing the economy and creating jobs - Obama is pouring all of his energy into a massive campaign TO GRAB YOUR GUNS! We must stop Obama before our Second Amendment Rights are obliterated - FOREVER.

I urge you today to fill out the electronic CITIZENS INJUNCTION FORM - right away!  Please, do it now. This is extremely urgent.

Your CITIZENS INJUNCTION FORM will DEMAND that U.S. Senator Mitch McConnell to use his position as Senate Minority Leader to help stop Barack Obama from sneaking his gun-confiscating agenda past Congress.

Obama WILL issue his gun control plan via "executive orders" to bypass Congress! You see, despite what he claims, Obama hates being "transparent." He loves to weasel his fanatical ideas right past everybody - before people like you and me have the chance to stop him.

BUT NOT THIS TIME! THIS IS OUR CHANCE AND WE WILL STOP HIM! We will not let Obama get away with hijacking our ability to protect ourselves and our families while he turns a blind eye to the real problems in our country.

So far, Congress has blocked Obama's freedom crushing plans. But, by using the "executive order" loop-hole, he can get away with stripping your gun rights without even going to the Congress first.

That is unless the Congress blocks him by overriding his anti-gun executive orders.
And without your help now, along with the help of thousands of other gun owners, Congress won't act to defend your gun rights. Contrary to what they might believe, the truth is; Congress works for us. And we won't rest until they're WORKING HARD to stop Obama's assault on law-abiding gun owners.

Your CITIZENS INJUNCTION FORM will urge Senator McConnell to:

  1. EXPOSE Obama's planned use of his "executive order" power to increase federal fees on guns and ammunition, ban guns that are imported, extend waiting periods, ban the use of guns on all government property and even make it illegal to own a gun if you smoke or use tobacco products.
  2. PUBLICLY DENOUNCE Obama's back door gun control methods that threaten our Bill of Rights.
  3. LEAD A BATTLE in Congress to nullify each and every anti-gun "executive order" that Barack Obama signs into law.

At this very moment, the White House staff, along with radical gun ban groups, are working overtime on scores of anti-gun rights proposals that Obama could enact by executive order -at any minute!

No President has ever been as anti-gun and vindictive to gun owners as Barack Obama.

And unless you and I act today, HARSH AND PUNITIVE gun control measures will soon be executive ordered by Barack Obama.

But, Senator Mitch McConnell can pull the plug on Obama's grand scheme and get the Senate to block his gun-grabbing legislation.

So again, please sign your CITIZENS INJUNCTION FORM today.

The Citizens Committee for the Right to Keep and Bear Arms has been working non-stop to defeat this "executive order" threat ever since we first learned of it.

And we both know that Barack Obama can't be trusted.

Thanks to the pro-gun Americans like you, there is mounting pressure to stop Obama in the Senate. But it will take the lead of the Minority Leader, Mitch McConnell, to bring the pressure to a scalding boil.

Please do not assume that the slick, dishonest Obama Administration and their anti-gun allies in the media will report any of what you are reading right now. They want to keep Americans ignorant and in the dark - while they work behind the scenes to take your guns away.

Unless Congress steps in, the White House will ruthlessly advance their gun hating objectives for their anti-Second Amendment messiah.

And unless you and I act today, Barack Obama with the stroke of his presidential pen could get away with eradicating the Second Amendment - FOREVER!

You and I can stop this treacherous anti-gun policy by signing your CITIZENS INJUNCTION FORM.

We need to DEMAND Senator Mitch McConnell fight Obama's anti-gun "executive order" game plan. Then we must create a grassroots uprising of Americans willing to back up our stand.

Senator Mitch McConnell is a strong gun rights supporter. But, unless he knows that you and other gun owners are going to stand up behind him, we can't expect him to lead the fight.
That's why I'm counting on you to sign your CITIZENS INJUNCTION FORM.

...And if you can afford it, please generously give a contribution of $20, $30, $50, $100 or more to the Citizens Right to Keep and Bear Arms.

But your CITIZENS INJUNCTION FORM alone will be enough.

In fact, my staff has estimated it could take a minimum of 1 to 2 MILLION Injunctions to have a real impact on Capitol Hill.

And, at roughly 36 cents apiece, it will cost us more than $355,000 to print and distribute this minimum amount.

What's more, we will need funds above and beyond this amount to help make our case on radio, TV, in newspapers and on the Internet.

So please sign your CITIZENS INJUNCTION FORM today!

For more than two centuries, Americans have bravely fought and died to protect our Bill of Rights. You and I owe it to them to see to it that Barack Obama does not, with the stroke of his pen, destroy their sacrifices and our Second Amendment for good.

Donate Now
& Get Your Free Stickers
Help CCRKBA Stop Obama's
"Executive" Anti-Gun Orders!

Our major enemies are time and the lack of funds. Remember, every 20 seconds another contribution to take away your gun rights, goes to our opponents.

Sincerely,

Alan M. Gottlieb
Chairman
Citizens Committee for the Right to Keep and Bear Arms

If you prefer to donate by check, please mail to:

Citizens Committee for the Right
to Keep and Bear Arms
Dept Code 1640-ms-ga
Liberty Park
12500 NE 10th Place
Bellevue, WA 98005

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