Posted on 10/16/2009 8:23:13 AM PDT by 2nd amendment mama
This may come as a surprise to you. I have a lot of American friends and relatives and this how THEY are feeling!! CO
Liz, any way to find out if any of Soro’s companies has been betting against the dollar the past 8 months?
You ain’t the only one out here...
The Depository Trust Company (DTC) is the world’s largest securities depository, holding nearly $19 trillion in assets for its Participants and their customers.... Last year, DTC processed over 164 million book-entry deliveries valued at more than $77 trillion. The Federal Reserve Corporation, a/k/a The Federal Reserve System, is also a private company and is not an agency or department of our federal government. The Federal Reserve Board of Governors is listed, but they are not the owners. The Federal Reserve Board is nothing more than a liaison advisory panel between the owners and the Federal Government.
The Federal Reserve mandates that the Depository Trust Company process every securities transaction in the US. It’s no wonder that the Depository Trust Company (including the Participants Trust Company, now the Mortgage-Backed Securities Division of the Depository Trust Company) is owned by the same stockholders as the Federal Reserve System. In other words, the Depository Trust Company is really just a ‘front’ or a division of the Federal Reserve System.
“Depository Trust Company is 35.1% owned by the New York Stock Exchange on behalf of the Exchange’s members. It is operated by a separate management and has an independent board of directors. It is a limited purpose trust company and is a unit of the Federal Reserve.” - New York Stock Exchange, Inc.
If you’re not aware how the system works, you should visit or call a stock broker or bank and instruct them you want to purchase some shares of common stock or a small municipal bond, for example.
They will set up a brokerage account for you and act as your agent with full durable power of attorney (which you must legally sign over to them) to conduct business on your behalf, upon your buy or sell instructions. The broker will place your stock or bond purchase into their safekeeping under a “street name”.
The Depository Trust Company’s private holding company or street name, as shown on certificates is shown as either “CEDE and Company”, “Cede Company” or “Cede & Co”.
The banks and brokers are merely custodians for their clients. By federal law (SEC), they cannot hold any assets in the customer’s name. The assets must be held in the name of Depository Trust Company’s holding company, CEDE & Co.
That’s how Depository Trust Company has more than $19 trillion dollars of assets in trust... or is it really in “trust” if the private Federal Reserve System is technically holding it in their “unknown” entity’s name?
Obviously, if stock and bond certificates you’ve purchased aren’t in your name, then the “holder” (the Federal Reserve System) could theoretically refuse to surrender them back to you. The Depository Trust Company owns that bond or stock, not you. Rather than in your name, it’s registered (as the legal Registered Owner or agent) in their “street name”.....Cede & Company.
Cede & Co.
c/o The Depository Trust Company
7 Hanover Square
New York, New York 10004
George Soros and Quantum Partners. Cede & Co. is under:
- SOROS FUND MANAGEMENT LLC. in Delaware
- Quantum Industrial Partners LDC in Cayman Islands
- QIH Management Investor, L.P. in Delaware
- QIH Management, Inc. in Delaware
- Stanley F. Druckenmiller
- Duquesne Capital Management, L.L.C. in Pennsylvania
Well ole Maher said he wished we had a Dictator like China.
Hey! Speak for yourself, don’t include me and others that won’t like down like some damn coward. I have said it and I will say it again, I will not pay a cent of taxes, fines, NOTHING in regards to any Health care they ram through. Same goes for cap and trade. END OF DAMN STORY! If people like you and others choose to accept it, fine. I will move out of here if I have to. I will NOT comply! NO WAY IN HELL!
Thanks much.
If the Republican members of the House had any “testicular fortitude” they would walk out, en masse,and not return, until the proper procedures were followed. I am sickened by their cowardice!
So just how many layers buried is Soros in all this Tom foolery? Is he merely a *client* as his front ops would imply, or, much much more. That's the $64 question, I'll say more just because the SOB is so bold, such an ingrate.
Thanks for the ping, Liz. Several of "the" onion's layers have been peeled away, anyway. Left the a little exposed to the light of day.
Now please don't laugh. I'm a relative newcomer to the shenanigans, the present & imminent threat(s) the Fed Reserve poses.
A DVD you're undoubtedly well familiar with, The Money Masters really helped me to connect the dots, make sense of the deliberately tangled web so skillfully woven for over the past 100+ years.
I hoped the DVD would open other eyes; so, take every opportunity to send copies of TMMs to friend(s) I know who start asking questions after they finally realize the "system" is not only stacked as stacked can be. But being used against their own interest(s) in spite of what we all believe.
Are you aware of any other *resources* a curious individual could acquire you'd feel comfortable recommending?
Thanks Liz, you're indeed quite special.
And stephen, thank you for steering me right. ;^)
I should know all this stuff but I don’t. My major investment banking experience was mortgage backed securities(80’S), and private equity financing of fast food franchises of American companies in Asia. With Liz, it’s like going back to school all over again, and frankly, I’m enjoying the hell out of it ;-)
“This may come as a surprise to you. I have a lot of American friends and relatives and this how THEY are feeling!! CO”
El Bump o
You O
My brother has lived in Toronto for 26 years ;-)
My ancestors had some “experience” with a corrupt central government after the Civil War during Reconstruction. And they found ways of dealing with Carpet Baggers then.
That experience is how they came to live in Texas. The same thing was “tried” here then, but was not very successful for the oppressors.
Some things do not change.
>>> If your state opts out..what happens? You cant have ANY insurance? You are forced to buy the govts.
If your state opts out, then the employers NOR you have to pay any fines or buy any insurance.
It’s basically the states saying to the federal government... “Get Stuffed!”
Thats why I said that the issue would force the matter to the supreme court, because no doubt individuals and employers would cite the state law in their refusal to comply with federal law on the basis of states rights in the 10th ammendment. The Supreme Court would have to side with the states, or they might as well put a match to the constitution right in full view of the public.
If you want leave, leave now. I don’t really care. You won’t be missed. Go! Airplanes are leaving at every major airport in the U.Ss. on a hourly, if not sooner, schedule. As far as you doing or not doing,what have you done that I missed? As for as cowards go,you need to look in a mirror. You are the one who always says that they are leaving. Well, go, go, go. When push comes to shove, the ones that stay will do what they have to do. And, if necessary, we will do it with you. And probably do a better job.
Hey piss off! Here is what you said:
“It will pass and we will do nothing. Maybe a little bitching but that is all. But then again, the politicians know this and it doesn’t worry them a bit. Once it is implemented, they they will get their revenge on the naysayers”.
_________________
Not talk about a coward. Sounds like you are willing to accept whatever they tell you to do. I’m not! and WON’T. If people won’t stand up to them, I’m not living here with a jackboot on my throat and shitty medical care. It isn’t going to happen, not when we have a vacation home that we can move to.
I’m sorry you have no options and have to stay and live under a repressive regime or too afraid to make a move to get out if we can’t stop them, but that’s your choice, not mine. I spend every day working to defeat this takeover of health care, Cap and Trade, you name it, I spend at least 3-4 hours of every single day. Do you?????????!!!!?????
I donate constantly to conservative candidates regardless of what state they are in. What else is there to do?
You are of the opinion that these will all pass in the Senate and you will just accept it and keep feeding them half the money you make. To me, that makes you an enabler and a coward, not me.
I’m from the otherside of the country FRiend. In British Columbia. Toronto is a very very Liberal city. CO
bookmarking your excellent post!
And what good would that do? Given this news, they are already irrelevant, they would become even more so, and be belittled by the media for fleeing!
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