The Federal Reserve Bank of New York has refused to inform GATA, a watchdog group, which investment houses have been getting the infamous “repo” loans, and informed them that they must wait two years to discover the identity of the loan recipients. The NY Fed advised GATA that it is exempt from the federal Freedom of Information Act but tries to comply with its spirit. The Federal Reserve has zero oversight by elected representatives, news organizations, and ordinary citizens.
Dear Friend of GATA and Gold:
If you want to know which investment houses have been getting the infamous “repo” loans from the Federal Reserve Bank of New York in recent weeks, as GATA has wanted to know, you’ll have to wait two years, according to a letter received from the bank today in response GATA’s request for the information.
The delay, the New York Fed’s letter says, is authorized by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Perhaps more interestingly, the New York Fed’s letter, signed by Corporate Secretary Shawn Elizabeth Phillips, contends that the bank is exempt from the federal Freedom of Information Act but tries to comply with its spirit.
Such a claim of exemption was not made by the Federal Reserve’s Board of Governors during GATA’s FOI lawsuit against it in 2011, in which GATA sought access to the board’s gold-related documents. GATA technically won the case when U.S. District Judge Ellen Segal Huvelle ruled that one such document was illegally withheld and ordered the board to disclose it to GATA and pay the organization court costs of $2,670:
What kind of system of government is it when every week an entity created by ordinary legislation can create enormous amounts of a nation’s currency and disburse it to unidentified parties without any oversight by the people’s elected representatives, news organizations, and ordinary citizens? It sure doesn’t sound like “the land of the free and the home of the brave.”
Josh Stirling found a 7% aggregate mortality increase for each COVID vaccine dose received, meaning a “fully vaccinated” individual who took 5 doses increased their risk of [premature] death by 35%. Stirling previously noted that overall, all-cause mortality in the US rose in 2022 from 2021 by about 15%.
Brazil introduced legislation that would criminalize those who choose not to comply with the country’s forced vaccination schedule; the refusers will face a prison sentence of two to eight years. A one- to three-year prison sentence is proposed for those who omit or oppose the mandatory vaccination of children.
Since late December, heavy storms brought an estimated 32 trillion gallons of rainwater to the state that would have been enough to supply the state’s agricultural, industrial, and residential needs for at least a decade—if it were stored in reservoirs. Instead, 95% of of the rainwater was washed out to sea.
A German company, ColorDigital, has launched a system for photorealistic ‘digital humans’ to pose for campaigns. Brands can now create a unique team of digital models to use in fashion sales and marketing. Brands can save travel and production costs by using computer generated images, also known as ‘deep-fakes’.
China is dreaming of creating a herd of 1,000 of “super cows” that can produce 100 toms of milk each per year. China currently has 6.6 million cows – but is reliant on 70% of purchases from overseas.
Fiber First LA, a nonprofit that promotes fiber optic networks over wireless infrastructures, wrote, “Citizens have been stripped of their rights, fire and safety concerns have been ignored, critical environmental protections have been dismissed, and any checks on the wireless industry have been virtually eliminated.”
Leftists blamed structural ‘white supremacy’ in policing for Nichols’ death, yet five black police officers were involved in the beating and were arrested. Larry Elder explained that virtually all of recorded police killings could be avoided if suspects do not resisted arrest.
Canada’s Bill C-26 is a cyber-security and infrastructure bill that is open-ended and fails to define terms so that it may be easily manipulated, it contains secrecy provisions, it imposes outrageous penalties, and it fails to provide due process.
A Tesla Model S spontaneously went up in flames in California over the weekend as the battery compartment caught fire while the vehicle was traveling at freeway speeds. The blaze required roughly 6,000 gallons of water to put out the electric fire as battery cells continued to combust.
Houck says he was offering counseling outside an abortion clinic when Bruce Love had an altercation Houck’s 12-year old son and continued harassing the boy; Houck faced 11 years in orison for shoving Bruce Love. Houck was raided by the FBI with a SWAT team of about 25 people and was arrested.
Pronatalists are “pro-birth” activists and governments spooked by declining birth rates that fear the world is on the verge of demographic collapse. Pronatalism overlaps with transhumanism. The key is selecting for superior genetics. It is ironic that many wealthy elites have only one or no children, per to Elon Musk.
n November 30, 2022, Louie Gohmert, the former Republican Congressman from Texas who is now retired, introduced legislation to hold Big Pharma liable for injuries caused by publicly mandated ‘vaccines.’
No country has claimed responsibility for the attack and appears to be unprovoked. An analyst said that the Biden administration wants Tehran to understand that the United States has both the military means and the political will to stand with Israel and conduct successful large-scale strikes if necessary.
A food additive made out of powdered crickets began appearing in foods from pizza, to pasta to cereals across the European Union, without the vast majority of them knowing it is now in their food.
Saudi Arabia, the world’s largest oil exporter, has been pegged to the US dollar for decades. The kingdom is a pillar of the petrodollar system established in the 1970s that relies on pricing crude exports in the US currency, allowing the US dollar to be the world’s reserve currency.
Mark Skidmore, author of the peer-reviewed survey study and a Professor of State and Local Government Finance and Policy at Michigan State University, concluded from the collected data that the total number of fatalities due to COVID-19 inoculation was estimated between 217,00 to 278,000 people.
The Deputy Prime Minister of Canada Chrystia Freeland said that the American middle class “needs a pay cut.” She agreed with the idea that the American middle class doesn’t deliver enough global value to merit the high wages.
Jordan Walker said, “One of the things we [Pfizer] are exploring is like, why don’t we just mutate it [COVID] ourselves so we could create — preemptively develop new vaccines, right? So, we have to do that…”
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Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (More)
The largest shareowners of the New York Fed are the following five Wall Street banks: JPMorgan Chase, Citigroup, Goldman Sachs, Morgan Stanley, and Bank of New York Mellon. JPMorgan Chase, Citigroup, Goldman Sachs, and Morgan Stanley are also four of the five largest holders of high-risk derivatives.
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The NY Federal Reserve Bank Refuses to Disclose Which Banks Are Receiving Trillions in ‘Repo’ Cash For At Least Two Years | WeAreChangeTV.US
3 years ago
[…] hours ago GATA This post was originally published on this […]
olde reb
3 years ago
Wasn’t there litigation where Bloomberg (?) evidenced the BOG had duplicate records of Fed bank rescue transactions and those records were obtained by FOIA ?
Milton Farrow
7 months ago
The Federal Reserve, neither truly Federal nor a reserve-There is nothing other
than ” A FREE BANK FOR FAVORED POLITICAL FRIENDS , WHOSE INTEREST AND UNPAID LOANS ARE BORNE BY WE THE SUCKERS- WE NEED A FEW HORSES, ABOUT 12 GALLOWS WITH SOME ROPE AND
SOME STOUT TREES-( I will bring the rope)
Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (
[…] hours ago GATA This post was originally published on this […]
Wasn’t there litigation where Bloomberg (?) evidenced the BOG had duplicate records of Fed bank rescue transactions and those records were obtained by FOIA ?
The Federal Reserve, neither truly Federal nor a reserve-There is nothing other
than ” A FREE BANK FOR FAVORED POLITICAL FRIENDS , WHOSE INTEREST AND UNPAID LOANS ARE BORNE BY WE THE SUCKERS- WE NEED A FEW HORSES, ABOUT 12 GALLOWS WITH SOME ROPE AND
SOME STOUT TREES-( I will bring the rope)