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Something which
has created a stir in the alternative media [the derelict mainstream have
long ceased reporting the news] in the past couple of days is a report
concerning new steps being required of investment advisors in Canada relating
to their KYC [Know Your Client] procedures. This was first brought to my
attention by Jeff Berwick [The Dollar Vigilante] and I’d advise
everyone to read his piece on this here.
These new steps involve / require investment advisors to complete a
questionnaire – prepared by a national regulatory body called FINTRAC
– to help investment advisors “identify” suspected
terrorists.
Here’s a screenshot
of one of the questionnaires that Canadian investment advisors are being
compelled to complete as part of their indoctrination:
 
I hope this
characterization “sits well” with all you animal rights activists
who FINTRAC has just labeled as terrorists.
Here’s
who FINTRAC of Canada claims to be:
Who We Are
The Financial Transactions and Reports
Analysis Centre of Canada (FINTRAC), Canada's financial intelligence unit,
was created in 2000. It is an independent agency, reporting to the Minister
of Finance, who is accountable to Parliament for the activities of the
Centre. It was established and operates within the ambit of the Proceeds of
Crime (money Laundering) and Terrorist Financing Act (PCMLTFA) and its
Regulations.
The Real Genesis of FINTRAC: A Loss of National Sovereignty
When you peel
back a few layers of the “onion” – and research where, or
who, really stands behind this thinly veiled system of Capital Controls
– by reading in the margins, you discover that this sordid regime of
Capital Controls – known in Canada as FINTRAC – is really nothing
more than an off-shoot of FinCEN - a product of the US Treasury.
Says the U.S.
Treasury:
“FinCEN’s
mission is to enhance U.S. national security, deter and detect criminal
activity, and safeguard financial systems from abuse by promoting
transparency in the U.S. and international financial systems.”
Sounds a little
bit like the mission statement of Homeland Security or the Patriot Act, eh?
The Real Terrorists
Before the U.S.
Treasury gets too-hot-and-heavy imposing their will on financial dealings
involving Canada – perhaps they should clean up the mountain of feces
in their own back yard:
So Where Do Vast Amounts of Illicit Money Come From?
Folks need to
realize that the Federal Reserve has ALWAYS
collected and analyzed data on all macro monetary flows. What this means is
this: the Federal Reserve would most likely be required to be a willing
participant, or wilfully negligent, if any extra-ordinarily large flows of
illicit fiat money were moving through “THEIR” system without
them blowing the whistle, so to speak. We know this to be fact if we are
going to accept the position put forward by officialdom - that they can and
did accurately ‘track’ the financial trail of minute cash
advances and purchases of alleged 9/11 plane hijackers, in the amounts of
hundreds or thousands. Are we to believe that this can be accomplished but
they are UNABLE to give us the
real deal on much larger proceeds of crime – like not being able to
divulge where one-red-nickel of 65 billion of pilfered Madoff
funds are?
From her
investment banker’s perch with experience in both Wall Street and
cleaning up mortgage fraud in Washington, Catherine
Austin-Fitts realized that illegal proceeds
from crime were regularly being “laundered” through Wall Street
conduits. It was from Fitts’ time in
government where she really gained a better understanding as to the level or
degree of corruption and abuse of power:
As Assistant Secretary for
Housing-Federal Housing Commissioner, [she] was responsible for the
operations of the Federal Housing Administration (FHA), which was the largest
mortgage insurance fund in the world. FHA at that time had annual originations
of $50-100 billion of mortgage insurance and an outstanding portfolio of $320
billion of mortgage insurance, mortgages and properties. Leading the FHA
necessitated significant understanding of how homes are built, how mortgages
finance thousands of communities throughout America and how investors finance
the process by buying securities in pools of mortgages. [Her]
responsibilities included the production and management of assisted private
housing; management of an organization of 7,000 employees in 80 offices
nationwide; and development of network information systems and tools. In
addition, [she] served as advisor to the Secretary of HUD on financial
markets regulatory responsibilities, including the RTC Oversight Board,
Federal Housing Finance Board and Home Loan Bank Board System, Fannie Mae and
Freddie Mac.
When [she] told Nick Brady in 1989
that [she] was going to work at HUD, he said, “You can’t go to
HUD — HUD is a sewer.” While [her] experience as Assistant
Secretary cleaning up significant mortgage fraud that lost the government
billions during the 1980s confirmed that HUD’s financial reputation was
deserved, leading the FHA provided invaluable insight into how government
management of the economy one neighborhood at a
time really harms communities.
The lewd
dealings that Fitts uncovered during her time in
government, and later as a principal of Hamilton Securities; they centered on
the fraudulent and overt abuse of mortgage bonds along with the sovereign
credit of the U.S.A. Due to the dollar volumes involved – she
eventually realized were operationally funding “black budgets”.
In her book,
Dillon Read and the Aristocracy of Stock Profits, Catherine Austin-Fitts chronicles a gamut of unsavoury financial dealings
- most dealing with the lobbying for and cleansing of globally generated narco-Dollars:
People widely regarded and understood as reputable do engage in
reprehensible activities. Richard Grasso [former NYSE Chairman] hugging
a FARC Commander in 1999 in a rebel village in Colombia at the time the GAO
reported that FARC had assumed control of a majority market share of the
Colombian cocaine trade. (Photo courtesy LaRouche
Campaign) Grasso was alleged to be lobbying FARC to invest their illicit drug
money in the American stock market.
Let’s not
forget the sordid story of money laundering at Wachovia – as reported
by Naked
Capitalism back in April, 2011:
Wachovia was at the heart of one of the world’s
biggest money laundering operations,
moving $378.4 billion into dollar-based accounts from Mexican casas de cambio, which are
currency exchange firms. While these transfers took place over a period of
years, the article notes that it equals 1/3 of Mexican GDP. And the
resolution?
Criminal proceedings were brought
against Wachovia, though not against any individual, but the case never came
to court. In March 2010, Wachovia settled the biggest action brought under
the US bank secrecy act, through the US district court in Miami. Now that the
year’s “deferred prosecution” has expired, the bank is in
effect in the clear. It paid federal authorities $110m in forfeiture, for
allowing transactions later proved to be connected to drug smuggling, and incurred
a $50m fine for failing to monitor cash used to ship 22 tons of cocaine.
The operation may have started sooner,
but the Wachovia admitted in the settlement that as of 2004 it had reason to
address the procedures used for these transfers and chose not to.
That the Canadian
Government has allowed this tyrannical organ of the criminal U.S. money
machine “infect” our way of life is treasonous – imposing
Capital Controls via stealth whilst creating a grand diversion of labeling animal rights activists and anyone who disagrees
with government policy as “terrorists”.
Regulatory
bodies like FINTRAC and FINCEN have been created to a] ENSURE that no one
else can compete with the real runners of illicit arms, drugs and who knows
what else and b] ENSURE that anyone who dares speak the truth is persecuted
and / or perhaps prosecuted.
This is nothing
short of indictable traitorous deceit.
We’ve ALL been sold out.
Canadians
should all be mourning the loss of national sovereignty.
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