FATF Crashes Stock Market again!

This happened during FATF week in Paris: an orgy of international asset-forfeiture plunder planning! (Source: S&P 500)

The market began wobbling February 16, then crashed violently on February 20, the day the Communist News Network began screeching and wailing about a not-really communist virus outbreak near a germ lab. So what else was happening on those days in places like… Paris? Here’s a taste: 

“FATF Week, 16-21 February 2020. On Sunday 16 February, more than 800 representatives from 205 countries and jurisdictions around the world, the IMF, UN, World Bank and other organisations, will arrive for FATF Week in Paris, France…”(link)

So what is FATF? It is the Harry Anslinger-Herbert Hoover-Richard Nixon-Bush-Bush asset-forfeiture Crash and Great Depression machine. Remember Milton Friedman in Free to Choose? In a fractional-reserve banking system, the money you deposit exists in several places as the clearing-houses compensate the instruments of money transfer. Finally it is loaned out at interest, so a lot of it is no longer at the bank.

So when federal agents with guns and blanket John Doe or Unnamed Asset warrants shove their way inside to grab cash and securities, other depositors can see the liquidity crunch coming and withdraw their assets. This reverses the leveraging of assets which–absent tax and prohibition raids–increases the money supply. The reversing result is mass bankruptcies and devaluation of assets.

Here’s what went on in Paris just before the crash: (link) Sound farfetched? Read their glossary: 

The term confiscation, which includes forfeiture where applicable, means the permanent deprivation of funds or other assets by order of a competent authority or a court. Confiscation or forfeiture takes place through a judicial or administrative procedure that transfers the ownership of specified funds or other assets to be transferred to the State. In this case, the person(s) or entity(ies) that held an interest in the specified funds or other assets at the time of the confiscation or forfeiture loses all rights, in principle, to the confiscated or forfeited funds or other assets. 

FATF was formed as soon as the Reagan-Bush-Biden prohibitionist asset-forfeiture crash deepened into a really bad recession with stock losses and unemployment. They admit this: 

The Financial Action Task Force (FATF) is an inter-governmental body established in 1989 by the Ministers of its Member jurisdictions. The mandate of the FATF is to set standards and to promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and the financing of proliferation, and other related threats to the integrity of the international financial system. In collaboration with other international stakeholders, the FATF also works to identify national-level vulnerabilities with the aim of protecting the international financial system from misuse.

Pretty shadowy and swampy, huh? And if this thing does wreck economies, who can be held accountable? Who would admit the obvious facts? How would you claim damages?

This sort of thing also happened in 1907, mainly due to new federal regulation of food & drugs and State bans on Beelzebubba’s Beer and The Demon Rum. It happened again in 1921, but was covered up by nullification, then returned with a vengeance in 1929, after Mabel Willebrandt explained, that August, what was going on on “The Inside of Prohibition,” in 20 national papers. Accelerating stock depreciation set in and investors dumped assets…

The banking panics of the Great Depression kept pace with federal indictments of yeast and glucose companies and confiscation of assets plus heavy fines measured in pounds of gold bullion–while the Coast Guard and Customs seized huge shipments of heroin that was steadily replacing beer. The federal government feigns bovine incomprehension of all this causality. 

Government spin-doctors also disavow any knowledge that the Reagan-Bush-Biden asset-forfeiture craze of 1987 had anything to do with that recession, and play dumb in sworn testimony and thick reports on the Flash Crashes. Here’s the latest one, with “market crash”, “financial collapse”, and “economic recession” nowhere to be seen.(link) Here’s a foretaste of Knife-Your-Customer snitching: 

A. CUSTOMER DUE DILIGENCE AND TIPPING-OFF.
1. If, during the establishment or course of the customer relationship, or when conducting occasional transactions, a financial institution suspects that transactions relate to money laundering or terrorist financing, then the institution should:
  (a) normally seek to identify and verify the identity of the customer and the beneficial owner, whether permanent or occasional, and irrespective of any exemption or any designated threshold that might otherwise apply; and
  (b) make a suspicious transaction report (STR) to the financial intelligence unit (FIU), in accordance with Recommendation 20.
2. Recommendation 21 prohibits financial institutions, their directors, officers and employees from disclosing the fact that an STR or related information is being reported to the FIU. A risk exists that customers could be unintentionally tipped off when the financial institution is seeking to perform its customer due diligence (CDD) obligations in these circumstances. The customer’s awareness of a possible STR or investigation could compromise future efforts to investigate the suspected money laundering or terrorist financing operation.
3. Therefore, if financial institutions form a suspicion that transactions relate to money laundering or terrorist financing, they should take into account the risk of tipping-off when performing the CDD process. If the institution reasonably believes that performing the CDD process will tip-off the customer or potential customer, it may choose not to pursue that process, and should file an STR. Institutions should ensure that their employees are aware of, and sensitive to, these issues when conducting CDD. 

Nice friendly stuff, eh? But hey, what’s another global economic crash compared with a convenient flu outbreak generating fewer fatalities than U.S. auto accidents for the same timeframe? This coming recession could easily eliminate the memory loss that sets in after each new crash and depression is explained away. Libertarian candidates could explain to voters what happens time after time, and I’ll lay odds someone will listen. 

FATF Bush Crash, Obama Dems win 8 years. FATF Trump-Biden Crash?? (link)

Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, each at the cost of a pint of craft beer.

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What caused the 16 Feb Crash?

Asset-forfeiture is the leper’s bell of an approaching looter.

Type S&P 500 and choose the 6 month index. By running the cursor along the peak of the curve you can tell when the slope of the curve turned negative. That date looks like 19FEB2020. CNN expelled a huge smokescreen on China’s Communo-Virus close to then, but CNN is not of a truthful persuasion. The corporation actually PAYS airports to display its screed on waiting area screens, and nobody had more interest in asset-forfeiture looting than Nixon-law subsidized media looters. So who is next on the list of usual suspects? Whose name appeared on the Flash Crashes of 2008, 2010 and 2015?(link)

Yes, I am talking about the Financial Action Task Force currently tasked with looking into corruption in not-really-communist China. And guess what… see those twin troughs just to the left of February 19? The high point just before the fall-where the slope goes from increasing to decreasing–coincides reasonably with issuance of a Swiss report on how Swiss banks have agreed to FATF-approved Knife Your Customer and similar policies. The report was released, I’d wager, on or about February 17, 2020, judging from the stock prices graph. The FATF is very careful to avoid exact dates unless there are no nearby stock gyrations.(link) 

FATF reports and such are reportedly released in Month, Year, and surrounded with a smokescreen of obfuscating acronyms. The MER on Switzerland was adopted in October 2016 and at the urging of AML/CFT advisors went through R.2 through R.21 with threshold gaps triggering due diligence requirement adjustments and execution of operations in cases of suspicion. Since the same Swiss whose papers debated U.S. newspapers about wholesaling heroin in February of 1929 are today deemed too naíve to write their own laws, the FATF hands elected representatives AMLAs to sign and pass, and scolding CDBs (a looter code of ethical robbery).(link)

FATF does admit that an OBA-FINMA became enforceable with guns on January 1, 2020, and for the ten-thousandth time dins its message that anyone who would rather not be robbed by tax collectors can only be so anti-social if actually practicing or at least abetting the financing of religious terrorists flying hijacked planes into tall buildings in New York.(link) Everywhere you look, logical disjunction is resorted to to deliver this point subliminally. Any declarative statement, even “two plus two makes four” is still true after some dishonest skunk tacks on a disjunction. Two plus two makes four or five is therefore as logically true a statement as it was before tacking on the cognitive mutilation and repeating it a million times–sad, but true.(link) 

See their pro-coercion brainwashing movie: Not a Victimless Crime

 

So a preference for keeping your own money means–in FATFspeak–you are morally the same as 1912 balkan Mohammedans or Christians kidnapping, raping and murdering each other, and selling the survivors to the highest bidder.(link) By their lights, this makes you OAD FCT according to the GBCF.(link) 

You can see how this goo, like the language in the Anti-Drug Abuse Act of 1987-is contrivedly hard to follow or, once grasped, to explain to the innocent. Then again, if your pet policy is guaranteed to wreck the economy that pursues it, clarity is the enemy. 

Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, each at the cost of a pint of craft beer.

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LP Migration Plank v. Constitution

Jon Roland of Austin, Texas runs a blog on the Constitution. This entry explains why the LP had better restore the Migration plank to what it said in 2016, when it brought us 4 million votes–before it was disfigured into repellent absurdity.

2019/02/16

Constitution authorizes declarations of emergency

The U.S. Constitution states:

[Congress shall]  provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions; Art I Sec. 8.

Section. 2. The President shall be Commander in Chief of the Army and Navy of the United States, and of the Militia of the several States, when called into the actual Service of the United States;
This last clause is key. The President has authority to call up the militia, and call-ups of militia are for emergencies, not to do the job of the regular military, which is provided for elsewhere. So to call up the militia is to declare an emergency.

So can the President declare an emergency without calling up the militia? All U.S. citizens, including government employees and contractors, are militia. Directing them to reallocate funds for defense is to act within that power. No special statutory authority is needed.

So are entries into the U.S. without consent an invasion? Yes.  Any such trespass is an offense against the law of nations, which Congress has the power to define and punish. They have done that, although first-time simple entry is merely a “deportable offense”, a kind of misdemeanor. However, reentry after having been deported is a felony.

It does not need to be an armed force to be an invasion. A child chasing a butterfly across the border is an invader. It also doesn’t matter whether the invaders are, or can be expected to be, criminals. Peaceful people seeking work are also invaders, if they enter without consent.

So is the situation on the southern border an emergency? If it were only a few a day, no. But thousands flooding the border, faster than they can be managed, is an emergency.

Does it matter that the thousands are seeking asylum? No. U.S. law only recognizes political asylum, not economic asylum. Most of those  thousands are economic refugees. If they are fleeing criminals or corrupt officials, then they have the duty to fight in their own countries, not in ours.

What is the President’s alternative? He could station troops along the border with orders to repel invaders with deadly force. He could erect gun turrets every few hundred yards. That would be more expensive than a wall. Do opponents of a wall really want invaders to be repelled by automatic weapons? Democrats would not get many votes from those.

Jon blogs at constitutionalism.blogspot.com

The Constitution once made Beer a felony, enforcement as which collapsed the economy. Get the complete story in Prohibition and The Crash on Amazon Kindle in two languages

Prohibition and The Crash, on Amazon Kindle

I also produce books and articles in Portuguese, using Brazilian historical sources at http://www.expatriotas.blogspot.com or amigra.us

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