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UPDATED: EMBARGO SANCTIONS TOOK EFFECT NOON EST

PRESIDENT ERUPTED INTO AN OUTBURST OF HITLERIAN FURY

Monday 11 February 2008 18:17

URGENT UPDATE, 12.45AM, TUESDAY 12TH FEBRUARY:
This Update amends certain information in the report below and at the same time confirms its overall accuracy. Specifically:

• The statement in the earlier Update below that the 160 representatives of foreign countries that have been waiting around, on and off, since last October for the settlements, were told to go home, was correct. However AFTER the event in the Oval Office described below, this instruction was reversed, and the representatives of the 160 countries were advised to wait around in the United States for a further 48 hours, pending resolution of this crisis.

• We are AUTHORITATIVELY advised that this further 'slippage' does NOT imply the emergence of yet another deception device to gain more time, because certain events will take place in the very near future (which you may be able to work out from what we have already stated) that will force the issue once and for all. All that can be stated right now is that the retraction of the advice to the 160 representatives is highly significant, and that the earlier instruction they received to go home, was correct. What has changed is that the instruction has since been reversed, BECAUSE:

• Our earlier information that matters had to have been resolved by 6.00 EDT (which remains as we originally stated the matter, unchanged in the text of the first version of this report dated the 11th February, given below) was incorrect, because our sources have since advised that the 6.00pm in question was PARIS time, six hours ahead of East Coast time in the United States.

• Therefore, the ABSOLUTE DEADLINE for the application of the G-8's embargo sanctions was NOON ON MONDAY. And at noon on Monday, the sanctions duly kicked in. The precise sanctions which began to bite against the US then are not yet indicated, but what we do know is this:

• The four oil tankers which were sitting half a day off the coast of Saudi Arabia en route to the United States WERE TURNED BACK AFTER NOON EASTERN STANDARD TIME. That explains why they were turned back during Monday, rather than later as would have applied if our 6.00pm EDT point had been accurate. We therefore update and amend this information accordingly.

• The CIA was quote furious unquote when it discovered that we had published this information. The hardest evidence of sanctions was first revealed by the changed shipping movements. The Agency assumes that it alone is entitled to the possession of information to the exclusion of the hoi polloi, the Goyim and the masses. Well, we disagree. Since these developments affect the future of the whole of humanity, our policy is to publish every scrap of information we can lay our hands on.

NOW:

• We ALSO know that when the embargo sanctions took effect from noon onwards, the reality of the situation was borne in on the President of the United States FOR THE FIRST TIME.

• Whereupon the man erupted into a Hitlerian rage. 'I am the President of the United States, I tell people what to do, no-one tells me what to do, I set policy and I take orders from nobody': add any expletives deleted to taste. In response to which latest Adolf Hitler-style outburst, the international community is reported to have responded that the G-8 has taken its decisions, is implementing its decisions, and will not be paying attention to anything you say (unspoken: because you, Sir, are a common and a war criminal and you are facing the come-uppance that you arrogantly thought could never happen to you, Mister). Anyway, the US President erupted into such an outburst of fury that, when he finally came to his senses (not that he has any), the scenery had completely changed.

• Now what happened thereafter, we do not know. But what we DO know is that, whereas a few hours ago, the overall situation looked absolutely hopeless, the CURRENT state of affairs is that a concerted last-minute, long-past-midnight attempt is being made to resolve the matter over the next 48 hours. WE FURTHER UNDERSTAND THAT, AS IS HINTED ABOVE, CERTAIN VERY DECISIVE DEVELOPMENTS ARE LIKELY TO ENSUE SHORTLY, WHICH WE CANNOT GO INTO.

Because of the rapidly changing situation, we have added the above at the top of the report filed on 11th February, which also contains the earlier Updates timed at 9.30pm Monday. These, plus the original text (with an error corrected) remain as originally posted, so that the sequence is plain.



• UPDATE, 9.30PM UK TIME, 11TH FEBRUARY:
UNCONFIRMED REPORT THAT THE 160 COUNTRY REPRESENTATIVES THAT HAVE BEEN WAITING ON AND OFF FOR SETTLEMENT SINCE OCTOBER, WERE ALL TOLD TO GO HOME TODAY. OTHERWISE THEY MAY BE STRANDED...

• UPDATE, 9.30PM UK TIME, 11TH FEBRUARY:
THE FOUR OIL TANKERS OFF SAUDI ARABIA [SEE BELOW] WERE TODAY ORDERED TO RETURN TO THEIR SAUDI PORT, AND NOT TO PROCEED TO THE UNITED STATES.

• UPDATE, 9.30PM UK TIME, 11TH FEBRUARY:
THERE HAS BEEN NO SIGN OF SETTLEMENT TO DATE.


G-7(8) SANCTIONS PAPERS SIGNED WITH THE WORLD COURT TODAY

SETTLEMENT HAS TO DONE NOW AND COMPLETED BY 6.00PM EDT MONDAY

IF SETTLEMENT IS ABORTED, THE U.S. PRESIDENT, VICE PRESIDENT, CABINET, CONGRESS AND THE SUPREME COURT WILL BE ARRESTED IN ACCORDANCE WITH THE G-8'S WORLD COURT ORDERS (WE BELIEVE, BY THE U.S. MILITARY), ACCORDING TO FOCUSSED SOURCES

INTERNATIONAL BANKING WILL BE SHUT DOWN ON WEDNESDAY

• FOUR OIL TANKERS OFF SAUDI ARABIA ORDERED TO STAND BY TO RETURN TO PORT

• TWO AMERICAN SHIPS WERE TURNED AWAY BY JAPAN SUNDAY

• ALL AMERICAN COMMERCIAL AND MILITARY AIRCRAFT ARE ON STAND-BY TO RETURN TO THEIR AMERICAN HUBS THIS EVENING AND TOMORROW IN THE EVENT OF NON-PAYMENT

• FOREIGN CARRIERS WILL HAVE TO RETURN HOME BECAUSE OF RETALIATION

FULL-BLOWN GLOBAL TRADE AND FINANCIAL WARFARE WILL BREAK OUT IMMEDIATELY

THE WEST WILL BE SPLIT DOWN THE MIDDLE, BUT IT WILL BE SHOWN TO BE BUSH'S FAULT

THE UNITED STATES' BORDER WITH CANADA MAY HAVE TO BE CLOSED

• NOTE ON THE DEFINITIONS OF THE VARIOUS GROUPS OF NATIONS REFERRED TO:
The Group of Eight and the Group of Ten: The Group of Eight consists of the United Kingdom, the United States, Canada, France, Germany, Italy, Japan and Russia (admitted in 1998). The Group of Eight minus Russia is called the Group of Seven, and it continues to function in that format from time to time. The Group of Ten, confusingly, consists of 11 members: United Kingdom, Belgium, Canada, France, Germany, Italy, Japan, Netherlands, Sweden, Switzerland and the United States.

Thus there is overlap. It is generally thought that for practical purposes the Group of Ten (G-10) has integrated its strategy on sanctions against the United States, with the Group of Eight. In all current coverage, the ‘Black Sheep’ is the United States, which is obviously excluded from the drastic sanctions decisions that have been taken. It is absolutely unprecedented for the Group of Eight/Ten nations to implement economic embargo/sanctions against one of its member countries.

• The controlled ‘mainstream media’ is so embarrassingly behind the curve over this crisis that it would be laughable if it were not pathetic and disgraceful. Certain controlled websites, ditto.


By Christopher Story FRSA, Editor and Publisher, International Currency Review, World Reports Limited, London and New York: www.worldreports.org. Press NEWS and the ARCHIVE Button on the www.worldreports.org Home Page for our 'Wantagate' reports since April 2006.

• The white panel below NEWS gives details of our intelligence titles as they are published.

• Please Make a Donation, if you feel able to do so, to help finance Christopher Story's ongoing financial global corruption investigations. Your assistance will be very sincerely appreciated and will make a real difference, hastening the necessary resolution of the worst financial corruption and linked financial fallout in world history. Our Wantagate reports been calling all the shots, given the hijacking of Wanta's Settlement. This is the 92nd Wantagate report: over a million words to date.

• BOOKS: ‘The Red Terror in Russia’, by Sergey Melgounov, is published by Edward Harle Limited and available via this combined website. It describes what the Dark Forces pulled off in Russia, and what they may have in mind for the United States and Britain (a.k.a. ‘the Main Enemy’) if we do not pull ourselves together. See also the Editor’s 740-PAGE book ‘The New Underworld Order’, for the detailed background on the World Revolution crisis that we are all living through.

• Note: Please keep on not shooting the messenger. The following report is based upon our best information and belief. If matters turn out differently, or the timeframe changes, as has occurred since Saturday, this will reflect NEW developments AFTER collection of the intelligence contained herein. We have flies on walls all over the place, but sometimes they may be on the wrong walls.


THE INITIAL G-8 COMMUNIQUE IS DECEPTIVE
The G-8 issued a communique waffling about the turmoil in the credit markets without, of course, mentioning that the global financial crisis is 100% attributable to the massive long-term fraudulent finance offensive masterminded by an international criminal syndicate bent on seizing the assets of the whole world, in accordance with the Thousand-Year Reich delusion promulgated on behalf of the manic Pan-German elite by their intelligence clone Adolf Schickelgruber, a.k.a. Hitler, and their renegade Zionazi associates working together under the evil umbrella provided by the Dachau-based ‘Black’ German counterintelligence agency, Deutsche Verteidigungs Dienst (DVD).

Of course, the purpose of the G-8's anodyne communique was to pretend that things are relatively normal, and also to cover the likelihood that settlement will take place, as well as saving the G-8/G-10 from having to assume the worst. But we believe a duplicate communique, which can be issued separately, is ready to be publicised in the event that the settlement process, which is believed to have begun, is aborted by the traitors and the crime syndicate, in collaboration with their criminal enterprise banking associates.

Ambassador Wanta’s $4.5 trillion (plus $350-$400 billion of interest due under the Universal Commercial Code) is held in a ‘package’ that is separate from all other payments, as we had stressed from the outset. This only became clear again within recent days.

DECISIVE SANCTIONS COMMUNIQUE READY TO BE ANNOUNCED
As indicated, issuance of the usual anodyne communique did not preclude the further issuance of a substantive one, spelling out the definitive features of the embargo sanctions against the United States, which military sources inform us, through intermediaries, are in place. The message from this source, timed and dated 11:03pm (UK time) 10th February 2008, stressed ‘without specifics that the sanctions are already in place, and the (US) military is fully aware and up to speed on it’.

The research group reporting to the Joint Chiefs had studied our posted reports dated 9th and 10th February, prior to providing us with these guarded observations. We naturally acknowledge their need for circumspection and do not complain about the lack of specifics here.

The military-sourced information included a further comment that the group believed that the Group of Eight will issue a statement about the embargo sanctions today.

• However, illustrating how rapidly the situation is liable to change, this input is contradicted by three separate intelligence sources who now affirm that the drastic sanctions outlined in our two preceding reports will be implemented tomorrow, Tuesday 12th February 2008, should access and payment not have been effected by 6.00pm New York time this date (today). The sanctions are real, and we believe that if payment/settlement is again aborted, they will be implemented. Period.

RISING TENSION INDICATED BY BUSH’S ‘RETALIATION IN ADVANCE’
The Guardian led with a report on Monday 11th February to the effect that ‘Bush orders clampdown on flights to US: EU officials furious as Washington says it wants extra data on all passengers’.

The curiously timed report stated that the Bush Administration is pressing the 27 EU Governments to sign up for a new range of so-called security measures for transatlantic travel, including allowing armed guards on all flights by US airlines from Europe to America (such as may well be closed down tomorrow – Editor). The Guardian elaborated that ‘the demand to place armed air marshals onto the flights is part of a travel clampdown by the Bush regime that officials in Brussels have described as ‘blackmail’ and ‘troublesome’', etc etc.

But the way WE read this report, and its timing, is that the Bush Administration is, even at this late stage, trying to blackmail its way out of the bind for which its leadership’s own criminality is solely responsible. This development should be placed on the negative side of the ledger right now.

BUSH’S BAGMAN TRIGGERS INCREDULITY AT PARIBAS
The ‘excuse’ on Saturday was that this ‘Joe Gross’ character, believed to be Bush’s Bagman, Marvin Davis, whom we believe may be Marvin Bush, arrives at Paribas in a surprise visit last Friday, as we reported on 10th February, carrying instructions which diverged from all previous instructions. Prior to last Friday, the general instruction to all the criminal enterprise banks had been: ‘Go through the motions of complying with administrative procedures relative to payment, knowing that the process will be aborted as in the past’, in accordance with the ‘never-pay’ model developed by the arch financial criminal Dr Alan Greenspan in collaboration with Godfather George Bush Sr., that we have described in earlier reports.

• The purpose of that model was to ensure that 100% of funds contributed by investors could remain stolen, along with Ambassador Wanta's funds and every cent leveraged off the top of them.

But on Friday, all of a sudden, Bush’s Bagman arrives at Paribas with an actual order to settle, and for the bank to get on with it without delay. As we described yesterday, this caused dismay among the bank’s General Management, because the institution had everything set up to ‘comply’ with the ‘never-pay’ model, and had never expected to be called upon to procure settlement at all.

• Therefore, bank officers were dumbfounded and protested that they could not comply within the timeframe (namely: DO IT ON SATURDAY 9TH FEBRUARY, OR ELSE).

We concede that THIS demarche, too, could have been a deception, but given the overall flood of current intelligence, we doubt that this is the case. Time will shortly tell.

REITERATION OF THE AGREED-UPON G-8 SANCTIONS AGAINST THE UNITED STATES
The other sanctions which will be applied, failing settlement by 6.00pm EDT today, include:

• All US commercial and military flights to the nine G-10 countries will be refused landing permission. US carriers have accordingly been advised to stand by to fly all aircraft home.

• Wire transfer payment and receive facilities handling US remittances involving the embargo-setting countries will be suspended, causing immense and far-reaching financial, followed by economic, disruption. International banking will be effectively closed down on Wednesday.

• Saudi Arabia and the 'country level' of the oil cartel will cease oil deliveries to the United States.

SANCTIONS AGAINST THE UNITED STATES ARE ALREADY TAKING EFFECT
That NONE OF THIS IS BLUFF can now be asserted with complete confidence, because:

• Two US Naval vessels attempting to berth in Japan were turned away and ordered to leave Japanese waters on Sunday 10th February.

• Four oil tankers which are located half a day out from Saudi Arabia have received instructions to stay there until further notice. They will be ordered to return to Saudi Arabia if the release has not taken place by 6.00pm EDT TODAY.

• President Chavez of Venezuela stated over the weekend that Venezuela may suspend its oil deliveries to the United States. The ostensible context of this threat is legal action by ExxonMobil in US, Dutch and British Courts aimed at the freezing of the assets of Petroleos de Venezuela (PDV) in order to obtain compensation from Venezuela following the earlier nationalisation by the Chavez Government of a large oil project. Chavez explicitly stated that ‘if Bush wants to harm us, we’ll harm him back’. This matter needs to be considered in the overall embargo/sanctions context described here and in the two preceding reports. In other words, if those 4 Saudi tankers turn back to Saudi Arabia, Venezuelan oil deliveries will not be available to the United States either.

To elaborate further:

• All American commercial and military aircraft will be ordered to leave foreign locations and to return to their United States hubs in the event of the settlements being aborted today [see above]. This information has leaked because all US airlines have been so advised. This affects all foreign airlines that fly in and out of the United States as well.

• International banking transactions will be completely collapsed by Wednesday in the event that the releases have not been implemented by 6.00pm today.

• The US border with Canada may have to be closed.

• It follows that the standard of living of all Americans will suffer a blow without precedent, and Americans will not know what has hit them. They will soon find out, when the entire Government is arrested: see here:

BUSH, CHENEY, ENTIRE CABINET, SUPREME COURT AND CONGRESS WILL BE ARRESTED
We further understand that the Group of Eight countries minus the United States (Canada, Britain, France, Germany, Japan, Russia and Italy) signed the necessary paperwork with the World Court TODAY which provides for the prompt implementation of the already threatened arrests on treason charges of the following:

• President George W. Bush Jr.
• Vice President Richard Cheney
• The entire Bush II Cabinet
• All Members of Congress, including presidential candidates
• The entire membership of the United States Supreme Court

In the light of special information about the US military being ‘fully up to speed with’ and on top of the rapidly developing situation, it stands to reason that the military will perform these arrests on behalf of the agents/agencies acting for the World Court, namely Interpol, MI6 and possibly other unnamed agencies. That is our working assumption.

It should be pointed out that all the above are themselves, without exception, also vulnerable to prosecution not least for breach of the Misprision of Felony Statute (as indeed is every reader of these reports who, knowing the facts of these criminal actions, fails to report them as specified in the Statute). It will be recalled from our list of Clinton Presidential Pardons that some of those who were pardoned by former President Clinton had been jailed on Misprision of Felony charges. It therefore follows that this is BY NO MEANS A DEAD STATUTE. On the contrary:

U.S. CODE, TITLE 18, PART 1, CHAPTER 1, SECTION 4: MISPRISION OF FELONY:
‘Whoever, having knowledge of the actual commission of a felony cognizable by a court of the United States, conceals and does not as soon as possible make known the same to some Judge or other person in civil or military authority under the United States, shall be fined under this title or imprisoned not more than three years, or both’.

HELLISH KNOCK-ON CONSEQUENCES COULD BE IMMINENT: LINES AT GAS STATIONS
The knock-on consequences if the Wanta and other settlements are aborted today will be quite horrific. Given the idiotic ‘just-in-time’ globalisation procurement system, supplies of everything under the sun will suddenly dwindle to near-nothing. Prices and costs will go through the roof as shortages of everything, including food, intensify at once. Supplies of oil taken from the Strategic Petroleum Reserve will alleviate the immediate impact of the oil embargo, but gasoline will have to be rationed, and lines will suddenly erupt at gas stations around the United States – which is the most politically sensitive of all developments for any US Government.

It will be blamed for the hardships that the American people will abruptly be called upon to endure. And those hardships will have been brought about exclusively by the criminal financial operations of the most corrupt US Administration in history, AND BY NO OTHER FACTOR.

The stock market will implode as the banking sector is closed down, banks will be on their last legs or will never reopen their doors, Wall Street will look ridiculous and will be seen to be redundant, the political consequences will be extreme, and heaven knows what grim social consequences will ensue. We would not be at all surprised to see racial attacks, including threats against bankers and other capitalists perceived to be thieves, as the truth of what has been going on seeps through the bovine resistance of the controlled ‘mainstream’ media, into the general public domain.

The actual state of the US financial system today has been well summarised by Bob Chapman in his ‘International Forecaster’. What Mr Chapman has to say rang true with this Editor, but we took steps to obtain a second opinion from an eminent expert, who said that Chapman’s report was ‘spot on’. In order not to spoil his hyperbole, we append his accurate description of where the United States is at, to this report, as an Appendix.

Quite clearly, if one major bank collapses, the resulting rolling systemic contagion will engulf all vulnerable banks worldwide. That this may occur in the event of the G-8’s threatened sanctions being applied against the United States (as has already started to happen: see above) is a virtual certainty. If the sanctions go fully into effect, wealth destruction may occur on a scale with no historical precedent, beggar-thy-neighbour trade warfare will erupt across the globe, exchange controls will be imposed, and it will hardly be long before physical warfare ensues, although one cannot yet predict what precise concatenation of evil events would trigger such an outcome.

U.S. MILITARY ‘FULLY UP TO SPEED’ AND READY FOR WORST CASE SCENARIO
As indicated above, the US military is reported by our impeccable sources to be ‘fully up to speed’ and ready for the worst case eventuality. Since, by defying the entire international community and continuing to renege on their formal undertakings and persisting with their endlessly proven, very closely monitored financial criminality, President Bush and Vice President Cheney will have acted contrary to their solemn obligations and against the interests of the United States and the American people, they will have committed gross treason (not that this would be anything new) and would in our opinion be certain to be arrested, along with the entire Cabinet, Members of Congress and the entire Supreme Court. This is provided for in the documents signed by the Group of Eight powers minus the United States with the World Court this morning. The US Supreme Court is in contempt and the clock is ticking on that score, as well.

The Editor of this service and others believe that the wayward schizophrenic in the White House is perfectly capable, as Adolf Hitler was, of doing the opposite of what is rational, since he, like Herr Shickelgruber, is dictated to by ‘familiars’ who tell him when to agree, when to renege on what he agreed yesterday, and when to stand on his head. He is also governed by the input of his manic CIA handlers, who are doubtless working to the DVD’s global calamity agenda. We therefore face, as we stated yesterday, the most critical global situation since 1939.

THE THREE OBVIOUS POSSIBILITIES
Obviously, there are three possibilities: (1) Settlement at last today; (2) Further defiance by the White House, leading to the promulgation and formalisation of the sanctions that are already in force tomorrow; (3) Further ‘slide’ in the situation, as in the past.

However we believe that the international community is so seized of the urgency of the situation that the third alternative is less likely than either (1) or (2). But one thing is certain: None of this would have come about had it not been for EXPOSURE, as the Syndicate never had, as we now know for certain, any intention of paying any payee a single penny. Ever.

APPENDIX:

The worst case scenario is described here by Bob Chapman in his ‘International Forecaster’. It accurately describes the state of affairs as it exists today: so the worst case scenario is where we’re at already. It can only be averted by settlement and prompt implementation of The Wanta Plan. The Editor has left Mr Chapman’s engagingly forceful language unchanged with the exception of a mild (if understandable) expletive, the incidence of which has been somewhat reduced.

Our only comment would be that, in his first sentence, he should have stated ‘You need look no further than the World Reports website, before then looking inside ‘the offices occupied by credit managers and loan underwriters and banks and lending institutions around the world’’. Not being aware of Wantagate placed Mr Chapman at something of a disadvantage, although his diagnosis is brilliant and accurate. Because he didn’t choose to factor The Wanta Plan and the settlements into his analysis, he implies that the meltdown that he so graphically describes is unavoidable: whereas while we agree with him that 'it could be', we also know that The Wanta Plan and the settlements will ‘rescue’ the situation at the final nanosecond.

The cost of this will be something approaching hyperinflation in 18 months' time, which will be attributable exclusively to the serial financial criminality of the Bushite-Clinton faction of the international geopolitical financial fraud syndicate. The forthcoming inflationary holocaust will probably decimate the next US Government, as may possibly be intended. ‘Enjoy’ (ugh).



US MARKETS

If you're still wondering what the current credit-crunch catastrophe is all about, you need look no further than the offices occupied by credit managers and loan underwriters at banks and lending institutions around the world. Each time one of these poor, unfortunate souls picks up a loan file, bullets of sweat start to run down their foreheads as their minds are filled with ominous foreboding and their hearts are gripped by a deadly mixture of bone-chilling horror and stark, raving terror, wondering whether this particular loan will be the one that ends their wavering career and the very handsome salaries and bonuses that they have become accustomed to receiving over the past several years during which defaults have been virtually nonexistent. What are they afraid of?

According to a recent article by Jim Willie, there are a total of some 10.4 trillion dollars worth of dollar-denominated bonds of which at least 7 trillion dollars worth are prime AAA and of which about 1.4 trillion dollars worth are subprime BBB, with the remainder being Alt-A's which are somewhere in between. He further states that according to the various bond indices, the prime bonds have lost about 30% of their value, amounting to a loss of about 2.1 trillion dollars, which Wall Street refuses to even discuss, while the subprime bonds have lost about 80% of their value, amounting to a loss of about 1.1 trillion dollars. And let's not forget the ALT-A's which are kicking in another cool trillion in losses and which the pirates of Wall Street are still dancing around much the same way that a bandito's victim would do a Mexican hat dance around a sombrero while bullets whistle and ricochet around his wildly moving feet. FINANCIAL ARMAGEDDON, BATMAN, THAT'S A MIND-BLOWING 4.2 TRILLION DOLLARS OF LOSSES!!!

Yes, you read that correctly, that's trillion with a "T" and this combined total is close to one third of the entire US Gross Domestic Product, which has just been 'flushed' in a matter of months!

These jaw-dropping losses on AAA, ALT-A and BBB paper are greater by a factor of ten than the grossly understated loss figures that the three stooges of our financial system, meaning our corrupt government, Wall Street and corporate America, would have us believe!

This unbelievable total of 4.2 trillion dollars of losses is spread around the globe, and due to our opaque and completely unregulated system of banking and finance, for which we can thank our farcical, fraudulent, feckless Fed, no-one knows where the freak any of these losses are or who the walking-dead victims are! This is like a financial nightmare adaptation of George Romero's horror classics "Night of the Living Dead" and "Dawn of the Dead".

And this does not even take into account the multiplication of these losses due to leverage or the further downgrading of AAA paper due to the loss of AAA status by bond insurers which is the only thing that made many of these bonds AAA in the first place! If you were a credit manager or a loan underwriter, would you approve a multi-million or multi-billion dollar loan to anyone for any reason unless you were absolutely 100% sure you would get repaid on time?

Every time you pick up a file, it's like playing Russian roulette with your career for crying out loud! And you were wondering why we have a credit crunch? We wonder why any loans get approved AT ALL! In fact, we're starting to feel some of that bone-chilling horror ourselves as we try to wrap our minds around the immensity of these problems.

What have these madmen done to the world economy?! If you are a credit manager or a loan underwriter, you're not looking at a 70 or 80 percent recovery if one of these zombies is on your approval list. You're looking at a big goose egg, a big ZIPPO, and we don't mean the kind you use to light cigarettes! This is where a bevy of security guards show up in your office and ask you to empty out your desk after which they quietly escort you out the front door to your car and insist that you leave the premises immediately.

And Heaven forbid that anyone should so much as whisper anything about the potential losses from credit default swaps and interest rate swaps lest they die of a huge myocardial infarction from merely discussing such losses, much less trying to comprehend them, because the magnitude and consequences of such losses are completely unprecedented and beyond the ken of mortal men!

We are told that there are 450 trillion dollars of notional bond debt covered by interest rate swaps, which is about thirty times US GDP. This is sheer madness. We are told in "studies" that the losses
should be limited to about 6%, or "only" 27 trillion dollars [WHICH 'JUST HAPPENS' TO BE THE WANTA FIGURE: Editor]. That alone is enough to send chills up and down your spine while your single heart palpitates. But aren't these the same people that told us the real estate markets were experiencing a slight downturn and that it would be contained?

And didn't they say the same thing about the credit crunch? What if they're wrong again this time?! What if it's 7%. That's "only" another 4.5 trillion dollars of losses! That's more than all the prime, Alt-A and subprime bond losses put together (at least so far)! What if it's 20%? That would be a 90 trillion dollar loss! That's 6 times GDP for Pete's sake!

And what about all the lunatics who bought crazy credit default swaps without buying any of the underlying bond debt. Don't they know that in order to make a claim under a credit default swap you have to turn the security over to the insurer, or you're dead in the water? And what happens when the amount of the swaps exceeds the debt that is supposed to be covered. Is everyone supposed to play musical chairs to see who is left standing without holding a bond to redeem?

Has anyone involved had so much as a single thought going through their heads while all this was happening? This credit default swap situation alone is pure unadulterated lunacy, but we have not even mentioned the interest rate swaps yet. There's another 600 trillion of notional principal wrapped up in these weapons of mass financial destruction.

That's forty times GDP in notional principal. Who was asleep at the wheel while these puppies multiplied? For every trillion of notional principal, all those who are on the wrong end of these thermonuclear devices by only a 1% differential between fixed and variable rates get to eat 10 billion in losses. When we get double digit inflation due to rampaging risk reassessment from imploding bonds and credit default swaps while the Fed attempts in vain to raise rates [SEE PREVIOUS REPORT: Editor] to stop hyper-stagflation as it reaches full bloom in its reign of terror, what if the differential between fixed and variable returns for those on the wrong end of these reserve-vaporizers rockets to 10%.

That is 100 billion per trillion of notional principal. Whew, we sure hope the big banks who own most of these reserve-destroying financial meat grinders don't have lopsided trading positions between fixed and variable rate swaps, but given what we've seen so far, we hold out little hope for a good conclusion. [Editor: That’s because Mr Chapmen never read up about Wantagate and The Wanta Plan: just shows what thought ‘compartmentalisation’ does, doesn’t it?].

Bank reserves are being eaten alive by loan defaults and asset write-downs faster than the Fed can replace them. That is because the fractional reserve system Ponzi scheme is now working in reverse and unravelling big-time. The Federal Reserve and Wall Street made a big blunder and grossly underestimated the percentage of loan defaults from toxic waste and the impact that this would have in non-subprime sectors while they grossly overestimated the liquidity of this kind of maniac paper and falsely boosted its credit rating.

And remember, the Fed cannot control the creation of credit by non-bank institutions, which are also getting hammered. The banks that dabbled in toxic waste must either borrow reserves from the Federal Reserve, or call in a total of demand loans equal to 7 or 8 times the amount of reserves
that have been lost, or they will become insolvent and have to be liquidated by the FDIC which in the end won't even be able to pay losses at pennies on the dollar while the entire financial system comes tumbling down unceremoniously.

That is why the discount window is wide open. If banks are forced to call in loans, the party is over. The whole system will implode and deflate. The banks can't even roll over the paper they used to fund mortgage loans and the government has had to step in with the FHLB and Fannie and Freddie to replace the lost loan capital. The Federal Reserve is fighting so many battles on so many fronts that their heads must spinning like Linda Blair's character in "The Exorcist".

While all this is happening, the over six hundred billion in home equity loans that fuelled consumer spending last year have been completely cut off. Two trillion dollars' worth of home value has been lost on account of declining home values as the US real estate market explodes and goes down in flames, and who knows how much in stock losses has been suffered since the end of 2007?

Does anyone have any money or equity left, we wonder? What will fuel consumer spending and stop the economy from going into a deep recession [ANSWER: CONSEQUENECS OF THE WANTA PLAN AND THE SETTLEMENTS: Editor]. The ISM services sector reading has already completely
collapsed while consumer confidence reported for the RBC Cash Index has plummeted to the lowest levels since the index was created in 2002.

What hope does our economy have when the 150 billion stimulus package is only one quarter of the home equity injections that will be lost for 2008 that helped keep us moving in 2007? We sit here stunned and comatose as the circuits in our brains are fried by these financial lightning bolts [Editor: And because we haven’t taken Wantagate on board]. This whole situation is going to turn into a disaster of epic proportions from which we may not recover for many, many years, if ever.

HERE THE EDITOR MUST INTERJECT: AND IT'S ALL BECAUSE CRIMINALITY BECAME THE NORM, IN ACCORDANCE WITH THE 'ANOMIE' ENVIRONMENT DESCRIBED BY EMILE DURKHEIM (1858-1917).

Move over Japan, we're going to show you a thing or two about how to implode an economy so that it doesn't recover for decades! The big banks are going to have to completely empty the sovereign wealth funds just to stay afloat! After this utterly magnificent debacle is all over, visitors entering the United States will be given the following greeting by US customs officials:

‘Welcome to the United Banana Republics of America (UBRA). Please watch your wallets as former central bankers are known to inhabit these territories. Due to the EXTREMELY high concentration of unemployed bankers, brokers, loan originators and real estate agents, the use of shark repellant is highly recommended. In the UBRA, only gold and silver coin* is acceptable as payment for goods. If you brought paper money, that's fine, since you can always use it as fuel to keep warm. We hope you brought your own food because we don't have any. But if you want to drink some ethanol, we have plenty of that. It has quite a kick too! We use it stay inebriated so we don't have to deal with our problems, which are endless. Be advised that you enter this country at your own risk. That is because all weapons have been confiscated, so you're on your own. Have a nice trip!’

*New York stores are reportly displaying 'WE ACCEPT EUROS' signs

When the smart money finally gets a grip on all this madness, gold is not going to through the ozone. Gold is not going into the stratosphere. Gold is not going to the moon. Gold is not going into the solar system. Gold is not even going intergalactic. Gold is going inter-dimensional as it passes through a wormhole and explodes past the Einstein-DeSitter radius at the outermost bounds of the visible universe! ENDS.

• Editor’s Note: We did warn erstwhile friends in the US welfare industry that if Wantagate failed, they would wind up running soup kitchens. Unfortunately, that warning went in one ear and out the other, like so many others.



WANTAGATE FILE DATA, INCLUDING STATUTES AND S.E.C. RULES FLOUTED BY THE CROOKS:

CITIBANK MUST PAY $350 BILLION+ INTEREST UNDER U.C.C. REGULATIONS
Uniform Commercial Code: Article 4A – Funds Transfer: Section 4A-305:
LIABILITY FOR LATE OR IMPROPER EXECUTION OR FAILURE TO EXECUTE PAYMENT ORDER:

(a) If a funds transfer is completed but execution of a payment order by the receiving bank… results in delay in payment to the beneficiary, the bank is obliged to pay interest… to the beneficiary of the funds transfer for the period of delay caused by the improper execution.

As stated in our report dated 4th October, we then calculated that the amount of interest payable to the beneficiary by Citibank, given its delay in paying out the diverted funds since June 2006, was around $350 billion. This amount is rising BY THE DAY, and is now approaching $400 billion.

• [As we revealed at the time] Citibank ‘agreed’ to pay $352 billion by way of interest, following our publication of the above statements. However, the Editor, not being a banker, merely made a rough guestimate at the amount of interest payable by Citibank, consequent upon its criminal frustration and diversion of the Settlement funds since June 2006.

• The actual amount of interest payable by Citibank as an interest penalty, if calculated on the basis of overnight rates, might approximate well over $1.0 trillion. So the institution, having been made aware of our posting dated 1st November, grabbed the Editor’s rough estimate of $350 billion, and added a couple of billion on to make the figure look different. ENDS.


YOU CAN ORDER WANTAGATE ISSUES OF OUR FINANCIAL JOURNAL AS A PACKAGE
We sell, as a special package, the relevant recent back issues of International Currency Review, containing a massive amount of information and back-up documentation, for a flat fee of $750.00, payable in advance. Please use the CONTACT US facility to place your order and send check to the London office: World Reports Limited, 108 Horseferry Road, Westminster, London SW1P 2EF, United Kingdom. Orders may also be emailed direct to the Editor at: [email protected].

• Another way of ordering this package is to (a) forward us a CONTACT US email requesting the package, and then (b) to order International Currency Review via the ultra-safe ordering facility at the World Reports Limited section of this website.

• Please state in the CONTACT US facility that you have ordered International Currency Review but that you specifically want to receive the Wantagate package only.


• Editor's Note: We are still, from time to time, receiving emails from frustrated people seeking documentation to 'back up' what we publish in these reports. Such correspondents choose to overlook the well-known fact that we have published several huge issues of International Currency Review [SEE ABOVE] which contain hundreds of pages of facsimiles of relevant documents. Since we are a commercial operation, we cannot make these volumes available free of charge.

• However copies are available in many university and other libraries around the world, and of course they can be ordered via this website at any time. But the main point here is that complaints along these lines reveal lack of knowledge of the background, which is that an immense volume of relevant documents has been published in our printed intelligence services.

LEGAL SECTION:
PLEASE READ THIS INFORMATION, AS IT INDICATES THE DEPTH OF THE DEPRAVITY THAT WANTAGATE HAS EXPOSED. REPETITION OF THIS BASIC DATA IS STILL NECESSARY...

• We now repeat, yet again, our familiar summary of the Statutes, securities regulations and fraud information that we have appended to these reports for many months. The reason we append this information is to remind everyone of their clear responsibilities under the US Misprision of Felony legislation, and of course to provide a legal basis for these reports.


LEGAL RECAPITULATION FROM REPORT DATED 30TH AUGUST 2007:
Reiteration of the fraudulent transactions involving Bank of New York Mellon – a bank so arrogant and conspicuously indifferent both to its tarnished reputation and to its grotesque breaches of US law and of N.A.S.D./S.E.C. Regulations, that it now takes first prize in the crowded competition for the title of ‘Most arrogant and corrupt financial institution in America’. At least, this was the case until the perpetration of the 'Saturday scam' described above and on 13th November:

Step 1: Fraud in the Inducement: “… is intended to and which does cause one to execute an instrument, or make an agreement… The misrepresentation involved does not mislead one as the paper he signs but rather misleads as to the true facts of a situation, and the false impression it causes is a basis of a decision to sign or render a judgment” Source: Steven H. Gifis, ‘Law Dictionary’, 5th Edition, Happauge: Barron’s Educational Series, Inc., 2003, s.v.: ‘Fraud’.

Step 2: Fraud in Fact by Deceit (Obfuscation and Denial) and Theft:

• “ACTUAL FRAUD. Deceit. Concealing something or making a false representation with an evil intent [scanter] when it causes injury to another…”. Source: Steven H. Gifis, ‘Law Dictionary’, 5th Edition, Happauge: Barron’s Educational Series, Inc., 2003, s.v.: ‘Fraud’.

• “THE TORT OF FRAUDULENT DECEIT… The elements of actionable deceit are: A false representation of a material fact made with knowledge of its falsity, or recklessly, or without reasonable grounds for believing its truth, and with intent to induce reliance thereon, on which plaintiff justifiably relies on his injury…”. Source: Steven H. Gifis, ‘Law Dictionary’, 5th Edition, Happauge: Barron’s Educational Series, Inc., 2003, s.v.: ‘Deceit’.

Step 3: Theft by Deception and Fraudulent Conveyance:

THEFT BY DECEPTION:

• “FRAUDULENT CONCEALMENT… The hiding or suppression of a material fact or circumstance which the party is legally or morally bound to disclose…”.

• “The test of whether failure to disclose material facts constitutes fraud is the existence of a duty, legal or equitable, arising from the relation of the parties: failure to disclose a material fact with intent to mislead or defraud under such circumstances being equivalent to an actual ‘fraudulent concealment’…”.

• To suspend running of limitations, it means the employment of artifice, planned to prevent inquiry or escape investigation and mislead or hinder acquirement of information disclosing a right of action, and acts relied on must be of an affirmative character and fraudulent…”.

Source: Black, Henry Campbell, M.A., Black’s Law Dictionary’, Revised 4th Edition, St Paul: West Publishing Company, 1968, s.v. ‘Fraudulent Concealment’.

FRAUDULENT CONVEYANCE:

• ‘FRAUDULENT CONVEYANCE… A conveyance or transfer of property, the object of which is to defraud a creditor, or hinder or delay him, or to put such property beyond his reach…”.

• “Conveyance made with intent to avoid some duty or debt due by or incumbent on person (entity) making transfer…”.

Source: Black, Henry Campbell, M.A., ‘Black’s Law Dictionary, Revised 4th Edition, St Paul: West Publishing Company, 1968, s.v. ‘Fraudulent Conveyance’.

SECURITIES REGULATIONS OF WHICH BANK OF NEW YORK MELLON IS IN BREACH AND OF WHICH THE SIX ‘LEVY BANKS’ MAY LIKEWISE BE VARIOUSLY IN BREACH [CREDIT SUISSE, UBS, DEUTSCHE BANK, BANK OF AMERICA, CITIBANK, THE BANK OF ENGLAND]:

• NASD Rule 3120, et al.
• NASD Rule 2330, et al
• NASD Conduct Rules 2110 and 3040
• NASD Conduct Rules 2110 and IM-2110-1
• NASD Conduct Rules 2110 and SEC Rule 15c3-1
• NASD Conduct Rules 2110 and 3110
• SEC Rules 17a-3 and 17a-4
• NASD Conduct Rules 2110 and Procedural Rule 8210
• NASD Conduct Rules 2110 and 2330 and IM-2330
• NASD Conduct Rules 2110 and IM-2110-5
• NASD Systems and Programme Rules 6950 through 6957

In addition to which Bank of New York Mellon is in violation of:
• 97-13 Bank Secrecy Act, Recordkeeping Rule for funds transfers and transmittals of funds, et al.

LAWS BREACHED BY CRIMINAL OPERATIVES WHO HAVE HIJACKED AMBASSADOR SIR LEO WANTA’S $4.5 TRILLION SETTLEMENT AGREED AT THE HIGHEST U.S. LEVELS IN BAD FAITH IN MAY 2006, AND HAVE CONTINUED THEIR SERIAL CRIMES EVER SINCE:

• Annunzio-Wylie Anti-Money Laundering Act
• Anti-Drug Abuse Act
• Applicable international money laundering restrictions
• Bank Secrecy Act
• Conspiracy to commit and cover up murder.
• Crimes, General Provisions, Accessory After the Fact [Title 18, USC]
• Currency and Foreign Transactions Reporting Act
• Economic Espionage Act
• Hobbs Act
• Imparting or Conveying False Information [Title 18, USC]
• Maloney Act
• Misprision of Felony [Title 18, USC] (1)
• Money-Laundering Control Act
• Money-Laundering Suppression Act
• Organized Crime Control Act of 1970
• Perpetration of repeated egregious felonies by State and Federal public employees and their Departments and agencies, which are co-responsible with the said employees for ONGOING illegal and criminal actions, to sustain fraudulent operations and crimes in order to cover up criminal activities and High Crimes and Misdemeanours by present and former holders of high office under the United States
• Provisions pertaining to private business transactions being protected under both private and criminal penalties [H.R. 3723]
• Provisions prohibiting the bribing of foreign officials [F.I.S.A.]
• Racketeer Influenced and Corrupt Organizations Act [R.I.C.O.]
• Securities Act 1933
• Securities Act 1934
• Terrorism Prevention Act
• Treason legislation, especially in time of war

This list shows to what extent the Bush II Administration condones one Rule of Law for the Rest of Us, and absolute contempt for domestic and international law for the officials and bankers who are illegally diverting and exploiting Wanta’s funds.

The Directors and others listed in Part 1 of the Wantagate Listing of Institution Directors and others posted on 11th June may likewise be Accessories to the Fact of, and/or co-conspirators in, wittingly or unwittingly, the egregious violation of the laws itemised above. This list is reproduced in International Currency Review, Volume 33, #s 1 & 2, September 2007, on pages 163-168.


U.S. CODE, TITLE 18, PART 1, CHAPTER 1, SECTION 4: MISPRISION OF FELONY:

‘Whoever, having knowledge of the actual commission of a felony cognizable by a court of the United States, conceals and does not as soon as possible make known the same to some Judge or other person in civil or military authority under the United States, shall be fined under this title or imprisoned not more than three years, or both’.


Wicked Pedia Update dated 2nd December 2007:

WIKIPEDIA IS PART OF AN NSA DISCREDITING OPERATION
As previously reported, the Editor’s attention was drawn, in the second half of November 2007, to a pack of old lies, diversionary claptrap and disinformation posted on Wikipedia under ‘Leo Wanta’.

Although this posting appeared FOR THE FIRST TIME on 12th November 2007, it consisted almost entirely of ancient lies, including disinformation dredged out of ‘Thieves’ World’, a hatchet job published in 1994 by Simon and Schuster by the late Claire Sterling, a CIA operative.

Mrs Sterling died suddenly after being summoned for her second meeting with the Federal Bureau of Investigation, under Clinton.

ANCIENT DISCREDITED LIES POSTED IN NOVEMBER 2007
The fact that the OLD Wikipedia lies appeared for the first time as late as 12th November 2007, and consisted almost totally of old, discredited lies, omitting the Master Lie that the CIA retailed after the Ambassador had been taken down, namely that he was DEAD, indicated quite clearly to the Editor and his advisers that this latest evil display of regurgitated disinformation represented a deliberate operation by the US intelligence community’s disinformation and lie machine, to begin, all over again, the process of discrediting Ambassador Leo Wanta – so that they can relieve him of his funds by some false pretext or other after a ‘gag order’ has been signed.

The definitive up-to-date information on the Ambassador’s affairs has been published on this website, and in several issues of International Currency Review, Economic Intelligence Review, Soviet Analyst and Arab-Asian Affairs, all published by World Reports Limited, for several years. Copies of these publications are in official, institutional and library hands all over the world. Therefore, any posting about Ambassador Wanta that relies upon ancient lies and fails to take account of the accurate information that we have published, can easily be demonstrated to represent yet another US intelligence community and NSA discrediting operation.

PRELUDE TO ‘SETTING UP’ WANTA ALL OVER AGAIN
We now understand that the Principals have been advised (for the past several weeks) that they will not be allowed to reveal that they have been paid. This loony state of affairs is designed to ‘set them up’ for a future discrediting operation whereby false witness will be deployed against them to the effect that they have stolen the money, or some such pack of lies, which they will be unable to refute because they will be bound by the ‘prerequisite’ gag order that is intended. Its purpose, of course, is to ‘legitimise’ the old and new lies that the US disinformation apparat will be preparing for future use. The likelihood is that the new discrediting operation will be extended to Michael C. Cottrell, M.S., as well. We are prepared for this intended onslaught.

EDITOR’S TRUE REPORT REPEATEDLY REPLACED BY OLD LIES
On 19th November, the Editor posted on Wikipedia the accurate text about Leo Wanta that is now reproduced below. The Editor’s accurate text was then removed by Wikipedia, leaving the ‘old lies’ that had existed previously. When the Editor became aware of this, he reposted the accurate text below, and, given that his own copy had been deleted, he then deleted the pack of lies, leaving his own accurate text up on the Wikipedia site instead, without the lies.

On 2nd December, the Editor was advised by a monitor that the Editor’s accurate text had been removed and that the old discrediting lies had been reposted on the page by Wikipedia. When the Editor checked, he found that the page could no longer be edited because of what the site managers described as ‘vandalism’.

IT'S ‘VANDALISM’ TO POST THE TRUTH, NOT ‘VANDALISM’ TO POST LIES
It was not ‘vandalism’ to delete the truth and to replace the truth by old lies, but it was ‘vandalism’ to delete ‘old lies’ and replace them by the truth.

We are therefore able to conclude from this Wicked Pedia outrage, as follows:

1. Wikipedia, which purports to ‘change the world’, prefers lies to the truth.

2. Wikipedia is therefore, by definition, a source of disinformation and lies, and cannot be trusted as a source of reliable information in any context.

3. The only category of sick society that would have any interest in disseminating lies about Ambassador Wanta, the United States’ greatest living patriot, rather than the truth, is the mentally disturbed US counterintelligence disinformation apparat (a.k.a. the US STUPIDITY COMMUNITY) which, by its actions in deleting the Editor’s ACCURATE information and replacing it with old lies, and by its illegal behaviour in ‘snipping’ our website texts as stated above, thereby reveals the desperation of its concerns, which all have to do with covering up official criminality.

4. It is now far too late for the US stupidity community to repair the damage that it has done since June 2006, when the Ambassador’s funds were first hijacked by the criminal financial operative Henry M. Paulson, US Treasury Secretary. So it is laying the groundwork for a renewed discrediting operation against Ambassador Wanta and his colleagues.

• We and others will see to it that this intention is defeated, and that such nefarious scheming is exposed for the amoral and disgusting Luciferian behaviour that it represents.

The ACCURATE text that the Editor posted on the Wikipedia site, follows. (The Editor, after all, PAID FOR AMBASSADOR WANTA’S EXIT FROM PROBATION, FOR GOODNESS SAKE, SO HE CAN HARDLY BE A SOURCE OF DISINFORMATION, CAN HE?). This information will be very widely distributed by other means, in order to provide all concerned with the necessary ‘heads-up’ as to what these US Dark Forces have in mind. They are out of their minds and in Satan’s mind:


The disinformation about Leo Wanta (Lee Wanta) below was first posted on 12th November 2007. It contains ancient CIA disinformation and long since exposed lies going back to the early 1990s, and obfuscates the truth. The report appended immediately below was added on 19th November 2007, to correct the disinformation contained in the original stub.

It was subsequently removed and is hereby replaced. This sequence of events, which suggests that egregious lies are preferred to the truth, has been recorded on www.worldreports.org, which contains all the updated and breaking Wanta material, that was ignored and traduced in the stub at the foot of this report.

THE ACCURATE TEXT THAT WIKIPEDIA REPEATEDLY DELETED
This is the correct information that we posted on 19th November 2007:

The 'information' posted below represents a deliberately malevolent, false disinformation picture which has no bearing on reality. It is a travesty of the truth of the matter and cites Christopher Story as the author of some of the disinformation, which is libellous and implies that Story, the veteran
Editor of International Currency Review of nearly 40 years' standing, is engaged in the egregious dissemination of lies, which is not the case.

This is such an egregiously malevolent stub of disinformation that readers should prudently dismiss it altogether; they should start afresh by accessing Christopher Story's website, which is: www.worldreports.org., reading from the Archive.

www.worldreports.org is the authoritative source for all updated information on Ambassador Lee Emil Wanta. The source 'Thieves' World' was a CIA disinformation work prepared by the late CIA disinformation operative Claire Sterling, published in 1994.

This stub regurgitates ancient lies perpetrated by the CIA, which lied for many years that Lee (Leo being his intelligence community name) Wanta was dead. The CIA proclaimed that he was dead so that corrupt cadres could ransack his funds (see below).

He 'ceased to be dead' with effect from 21st July 2005 after Christopher Story, a British private citizen, had paid $35,000 from his scarce private funds pro bono publico by way of 'restitution' to an American lawyer for onward payment to the Wisconsin State Department of Corrections, to procure Mr Wanta's release from his illegal probation.

Despite his Ambassadorial status, Wanta had been illegally 'taken down' in Switzerland on 7th July 1993 without a warrant on a trumped-up Wisconsin State charge of having failed to pay $14,129 in falsely assessed Wisconsin State fabricated tax that he never owed because he had been resident in Vienna on US Presidential intelligence work since June 1988.

This data is all in the public domain, has been published for several years in International Currency Review, the Journal of the World Financial Community, and can be read on Mr Story's website.

International Currency Review is a banking and financial journal with a worldwide circulation: ISSN 0020-6490. It is published by World Reports Limited, London.

Notwithstanding that this fabricated tax demand (orchestrated by US criminal intelligence) had been paid twice under protest by Lee Emil Wanta from abroad (in May and June 1992), the funds were improperly allocated by the Wisconsin State Department of Revenue and were never credited to the false account maintained by them for the Ambassador. (Christopher Story holds documentary
proof of both payments). They were paid a third time by Christopher Story in June 2005, which action duly procured Mr Wanta's release from illegal probation effective 14th November 2005.

As a consequence of Wanta thus ceasing to be dead, the CIA's lie that he was dead collapsed in chaos, and all the subsidiary old false witness lies that the CIA had perpetrated, including those assembled for disinformation purposes in the stub below (which, in line with the standard false witness used throughout by detractors, attempts to portray Christopher Story as a source of disinformation) were discredited as well.

Why was Wanta taken down? So that the criminal intelligence cadres running the US Government could ransack the $27.5 trillion of funds assembled by Leo Wanta on President Reagan's orders, in the course of his Financial Warfare operations against the USSR.

Under Reagan's Executive Order 12333 of 1981, US intelligence officers were permitted to establish corporations which could thereafter contract with the CIA/DIA/DEA/NSA et al for the purpose of fulfilling allotted intelligence tasks allocated to them.

The financial proceeds of operations conducted by such corporations were consequently the property of the corporations and thus of their shareholders, a legal fact of life which has never been, and cannot be, disputed. This was not a good idea because almost all US intelligence
operatives are liars and do not function on the basis of the Rule of Law at all, if they can help it.

Lee Wanta is the well-known patriotic exception to this rule: he operates solely in accordance with US law, in contrast to the behaviour of other US operatives, which is why the kakocracy* needed to remove him from the scene, as duly occurred July 1993.

Once Wanta had been illegally arrested (contrary to international law, as a diplomat) and then thrown into a stinking Swiss jail on 7th July 1993, the criminal cadres inside the US official structures immediately ransacked Mr Wanta's bank accounts according to plan.

The history of this matter is, and has been, elaborated in great depth on Christopher Story's website www.worldreports.org. and has been extensively published, as mentioned, in International Currency Review and other World Reports Limited intelligence publications.

Students are advised perhaps to begin with the 'Wisconsingate' report dated 6th August 2007, which forensically dissects, with detailed documentary back-up, the Wisconsin Department of Revenue's tax fabrication operation against Wanta, stretching back for over 20 years, that has been exposed by Christopher Story in minute detail, and which formed the fabricated basis for Wanta's illegal takedown in 1993, despite the fact that Wisconsin has no jurisdiction beyond its borders.

The overall Wantagate crisis, which is the sole and continuing underlying cause of the prevailing global financial and economic day of reckoning that the world is now facing, has been triggered by the fact that the George W. Bush Jr. White House, aided and abetted by other senior office-holders, hijacked the compromise financial settlement of $4.5 trillion that the White House itself agreed (in a classified accord that was finalised in May 2006) should be paid over to Ambassador Wanta, so that the stolen and diverted remaining $23 trillion of his funds (and the many hundreds of trillions of dollars hypothecated upon them) could be released from a de facto lien arising from the collapse of the CIA's lie that Wanta was dead.

For clearly, since he had ceased to be dead, 100% of these funds (plus the hundreds of trillions of fiat ‘funny’ money generated by illegal leveraged operations from that base) belonged to Lee Wanta and to no-one else: a situation that the banks 'could not handle'.

The entire narrative of what has become the worst financial corruption crisis in world history (which this stub consisting of disinformation attempts to obfuscate) is set out in great detail on Christopher Story's website www.worldreports.org., to which all readers are directed in order for the accurate state of affairs to be understood. As indicated, this stub below is a travesty and a disgrace, as it regurgitates long since discredited CIA lies, presents a diversionary, distorted and misleading picture, and because it malevolently incorporates Christopher Story as a source for some of this disinformation.

It is a disgusting instance of ignorant and malevolent US counterintelligence disinformation and deceit at its very worst.

All the statements in the above commentary may be verified by reference to www.worldreports.org and International Currency Review. Another publication covering this matter in detail is Economic Intelligence Review, also published by World Reports Limited, London. Wanta students should access the Archive on the www.worldreports.org Home Page.

A book devoted to Ambassador Wanta and the Wantagate crisis is in preparation

The Wanta disinformation referred to above has been deleted from this page. ENDS.


DIPLOMATIC STATUS OF THE PRINCIPALS
The Ambassador and his colleagues now have special diplomatic status (conferred upon them by HM The Queen in 2007), which means that the Ambassador is now an Ambassador several times over. This factor greatly complicates the intended discrediting offensive that the mad US stupidity community’s Dark Forces contemplate, their sole objective being of course to cover up their own criminality, in line with pending ‘thought crime’ legislation which has the same Nazi-style objective.

*Note: ‘Kakocracy’: Governance by a clique representing the worst elements of society, in their interests and to the exclusion of all other interests, from the Greek, kakos, meaning foul, or filthy.


Ambassador Leo Emil Wanta: Diplomatic Passport Numbers 04362 & 12535 a.k.a. Frank B. Ingram [FBI] (Sector V) SA32NV; and a.k.a. Rick Reynolds, SA233MS. AmeriTrust Groupe, Inc: Federal EIN Number 20-3866855; Virginia State Corporation Identification Number: 0617454-4; Virginia State Department of Taxation Identification Number: 30203866855F001.

• Please be advised that the Editor of International Currency Review cannot enter into email correspondence related to this or to any of the earlier Wantagate reports.

We are a private intelligence publishing house and have no connections to any outside parties including intelligence agencies. The word ‘intelligence’ on this website and in all our marketing material is used for marketing/sales purposes only and has no other connotations whatsoever: see ‘About Us’ on the red panels under the Notes on the Editor, Christopher Story FRSA, who has been solely and exclusively engaged as an investigative journalist, Editor, Author and private financial and current affairs Publisher since 1963 and is not and never has been an agent for a foreign power, suggestions to the contrary being actionable for libel in the English Court.