The DTCC Set-Up to Take Your Money

DTCC Set-Up: For those of us who are tuned in to the truth about who owns and runs this country andwhat their motives and intentions are, this piece of information won’t really be shocking.But it is important to understand what the individual consequences are for those whoare aware of it and who chose to ignore it. I am talking about the Depository Trust &Clearing Corporation (DTCC). It doesn’t take one long to realize that everything thathappens here in the U.S. financial arena is a set up, a calculated plan by the powers-that-be (PTB) to deceive, manipulate, rob and steal, and the DTCC is a prime example of thatultimate set up.

But before we get into the set up, let’s look at a little history of the DTCC’s evolutionfrom its inception until the present time. The existence of the Depository Trust andClearing Corporation (DTCC) is probably the most well guarded secret in U.S., evensurpassing the real truth about the Fort Knox gold that isn’t there any more. The DTCCwas established in 1973 as a clearing house for every financial transaction is the US.Their expressed goal at the time was to eventually achieve a completely “certificate-less”financial system. They have just accomplished that goal.

Since 1973, the DTCC has established nine other subsidiaries including one in Eurolandcalled the EURO CCP, which handles every financial transaction in Europe. They havealso expanded and are currently established in over 110 foreign countries. To give youan idea of the magnitude of the amount of financial transactions it handled, in 2010, theDTCC held and cleared over $2 quadrillion dollars of transactions. A quadrillion is athousand trillion - rather mind boggling. Now here is their set up to ultimately grab yourmoney.

Until January 1, 2009, a person could hold a physical stock certificate, bond, equity, etc.,an actual piece of paper in your hand as proof that you “owned” something out there inthe financial realm. After January 1, 2009, that transaction was changed to electronic onlywith your name by it. At that point, both you and your money were officially transportedinto cyberspace. Then, without anyone’s permission, your electronic investment wasswitched from your name to your broker’s name or the brokerage firm’s name. At thatjuncture, your name was once removed from your money, and you are not even incyberspace anymore. Then without anyone’s permission your investment was switched ortransferred from your broker’s name or brokerage firm’s name to a company called Cede& Co., which is one of the subsidiaries of the DTCC. Now you are twice removed fromyour money.

The next question to be asked is, who owns the DTCC and its 10 subsidiaries? Accordingto Wikipedia, “The DTCC is a privately owned holding company located in New YorkCity. The specific owners are the New York Stock Exchange (NYSE), the NationalAssociation of Securities Dealers (NASD), American Express (AMEX), banks, andbrokers. Its total assets are well over $30 trillion. “DTCC is a member of the U.S.Federal Reserve System, and is a registered clearing agency with the Securities andExchange Commission (SEC). The DTCC is the world’s largest post-trade financialservices company. It was set up to provide an efficient and safe way for buyers and sellers of securities to make their exchange, and thus ‘clear and settle’ transactions. It alsoprovides custody of securities.”

The Federal Reserve System - - a private group of bankers, brokers, insiders, and globalelite legally own every dollar in the DTCC “money pool.” But they weren’t content withthe $2 quadrillion. They opened a new branch to their operation last year. In a February10, 2010, article by Zero Hedge’s Tyler Durden, entitled “Enter Cede & Co. II; The Fedis Now Backstopping $25 Trillion in DTCC Cleared Credit Default Swaps,” he explainswhat the Fed’s next move was to insure that their crowd will be thoroughly healed whenthey make their next giant casino Credit Default Swap (CDS) moves.

The article states, “The Federal Reserve Board had approved its application to establisha DTCC subsidiary that is a member of the Federal Reserve System to operate the TradeInformation Warehouse (Warehouse) for over-the-counter (OTC) derivatives.” The Fedofficially opened that subsidiary on March 1, 2010, and there is a $25 trillion money poolwaiting for the big boys when it is time to cash in their credit default swaps.

In other words, the Federal Reserve through its DTCC Information Warehouse is now theguarantor for all the CDS transactions that clear via the DTCC, up to $25.5 trillion. Sowhen the next meltdown of an AIG, or Fannie Mae or Freddie Mac or Greece or Spain,or Ireland, or California comes, these sleaze-bag thieves in high places can collect ontheir CDSs. And guess whose money they will pilfer? You guessed it - - yours - - in theDTCC money pool.

We have also heard recently how a number of foreign countries have actuallynationalized or taken pension funds to backstop their debts. For example, France,Hungary, and Ireland have already done that. There have been rumblings here in the U.S.for quite some time of doing the same thing here with pension funds, 401Ks, and IRAs.The day might not be that far away when Obama and his motley crew decide to do thesame thing, all in the name of “redistribution of wealth” or “national security.”

The set up is in place to grab your money. If you have anything out there is the stockmarkets, it is in the DTCC money pool, and you don’t legally own a dollar of it. The Fed legally owns every dollar, and when they take it you can do nothing about it no matterhow loud your scream or how many lawyers you hire to get it back.

I would suggest that you get out of the market as soon as you can and convert your money into something tangible, like food, cash, gold and silver. As the old adage goes,possession is nine-tenths of the law. If you don’t have it in your hand in tangible form, you don’t own it, and it is not yours. Physical gold and silver in your hand is the onlysure, 5,000 year-old way to preserve your wealth.

If you would like information about how to buy gold and silver, call me at 414-234-8267, and I will be glad to talk toyou about your financial concerns.

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