Crown used Federal Reserve and Canadian banks to money launder $trillions in stolen US tax dollarsCorruption, World news Tuesday, December 10th, 2013
Former Canadian Central Bank governor/Vatican FSB chairman and Goldman Sachs debt creation specialist Mark Carney has robbed the United States people of $trillions using Canadian banks that are Primary Dealers for the Federal Reserve Bank of New York. Mark Carney used his positions as both (at the same time) the Canadian Central Bank governor and as the Vatican FSB chairman (a major conflict-of-interest) to money launder (a felony) United States Federal Reserve bailout funds through Canadian banks to the Catholic Church’s Crown Corporation (City of London Corporation / Bank of England). By doing so Mark Carney has created a debt crisis time bomb in Canada and the United States (US government runs out of money on Jan 15, 2014 and could default on its national debt interest payments to the Crown on Feb. 7, 2014). A debt crisis bubble that was created by instructing Canada’s top banks – Royal Bank of Canada, Scotiabank, CIBC, BMO, and TD to launder US tax dollars through their banks to the Crown – the Catholic Church owned Bank of England. All of the top 5 Canadians banks were also instructed by Mark Carney to load Canadians and Canadian businesses with unsecured and “unsolicited debt” using money illegally stolen and laundered through the Federal Reserve program known as the Term auction facility (TAF).
According to a Canadian Centre for Policy Alternatives (CCPA) report titled “Big Banks Big Secret” (.pdf file download) Canadian banks processed $billions for the Federal Reserve (agents of the Crown/City of London Corporation/Bank of England) in 2008 – 2009. In the fall and spring of 2008 – 2009 the Royal Bank of Canada under Mark Carney’s Central Bank governor/Vatican FSB chairman leadership, received and processed for the Federal Reserve more than $43.6 billion in US tax dollars, Scotiabank received and transacted more than $27.8 billion, TD $27.5 billion, BMO $6.9 billion and CIBC $5.3 billion – money that was to be used only for U.S. banks and corporations but were secretly laundered by the Federal Reserve through Canadian banks under Mark Carney’s control. To enhance the liquidity of the commercial “paper” market during the 2008 financial crisis, the Federal Reserve also established the Commercial Paper Funding Facility (CPFF) in October 2008. CPFF used Canadian banks and Federal Reserve Bank of New York Primary Dealers BMO, RBC, and ScotiaBank.
Throughout the 2008-2010 financial crisis, Canadian Prime Minister Stephen Harper, Bank of Canada head Mark Carney and the Canadian banks themselves publicly stated that Canadian banks were very stable and that they needed no bailout. The CCPA report clearly suggests that they committed fraud – if in fact Canadian banks were also in financial trouble but falsely and publicly declared that they were not. Revenue overstatement is a fraud. The fact that they kept this from the US and Canadian public also means they willingly and willfully committed securities fraud – Canadian banks participated in the Federal Reserve Bank’s money laundering of U.S. tax dollar. Money laundering is the illegal activity of concealing the source of money obtained by illicit means.
Canadian banks committed securities fraud when they reported huge $billion profits for 2009 yet secretly received $billions in alleged short term financial aid loans from the Federal Reserve Bank through TAF. In fiscal 2009, RBC reported a profit of $3.858 billion, Scotiabank’s profit for the full year ended Oct. 31 was $3.55-billion, and TD earned $1-billion in profit in the fourth quarter of 2009 and at the same time all 3 received 10+/- times those profits from the US Federal Reserve – RBC received $43.6 billion, Scotiabank received more than $27.8 billion, and TD $27.5 billion. If they reported $billion profits, why are they getting or would even need financial aid loans from the United States Federal Reserve? Because they weren’t receiving financial aid loans they were money laundering $billions belonging to the U.S. people for the Federal Reserve. The CCPA report clearly states that in March 2009, Canadian banks received $114 billion in Federal Reserve loans. To put that into perspective, that is 7% of the Canadian economy in 2009 and was worth $3,400 for every man, woman and child in Canada. To hide the source of this money – money laundering – Mark Carney instructed the Canadian banks to issue unsecured and unsolicited loans, credit lines and mortgages to Canadians even if they were unemployed or didn’t have enough earnings or collateral to qualify.
Mark Carney acted as an agent of 2 foreign entities – the Crown and its United States Federal Reserve. The Crown is doing exactly what they did in Greece. Their goal is to put Canada in the red. In 2001, just after Greece was admitted to Europe’s monetary union, the Crown sent Goldman Sachs to help the Greece government secretly borrow billions. That deal was also hidden from public view as it was treated as a currency trade rather than a loan. Goldman Sachs’ fraud helped Athens meet European Union’s deficit rules while continuing to spend beyond its means. We all know what happened later – Greece sovereign debt (interest debt to the Crown) crisis.
Just before the Crown orchestrated U.S. financial crisis hit in 2008 Goldman Sachs (Board of Governors of the Federal Reserve System) had Canadian minority Prime Minister Stephen Harper appoint their debt creation specialist Mark Carney to head the Bank of Canada. This appointment allowed the Federal Reserve to secretly money launder $trillions in U.S. Tax Dollars through Canadian banks.
Mark Carney is no longer in Canada and is no longer governor of the Bank of Canada. He was rewarded, by the Crown (Catholic Church), the title and very lucrative position of Governor of the Bank of England for stealing (through bank fraud and money laundering) $trillions from the United States and Canada.