Huge Global Benefits Of The Leo Wanta Plan

[chshkt]

HUGE GLOBAL BENEFITS OF THE WANTA PLAN
HORRIFFIC GLOBAL CONSEQUENCES IF IT IS THWARTED
Saturday 2 September 2006 16:09

http://www.worldreports.org/news/20_...fic_global_con
THE WANTA PLAN: HOW IT WILL TRANSFORM AMERICA'S FUTURE
A SOBERING MACROFINANCIAL AND ECONOMIC CHECK LIST

By Christopher Story, Editor and Publisher, International Currency Review.
World Reports Limited, London and New York: www.worldreports.org
PART ONE OF NEW INTERNET POSTINGS DATED 2ND SEPTEMBER 2006
For Part 2, see Archive Button or the main 'Click Here' report on Home Page.
Part 2 is entitled: NEW: WANTA CRISIS UPDATE + NEW INTELLIGENCE
GEOPOLITICAL INSIGHTS + LEO'S [EARLY] U.S. GULAG SUFFERINGS


The following Notes contrast the truly massive long-term and immediate
benefits of implementation of The Wanta Plan, with the likely catastrophic
consequences of the US authorities' cynical game-playing and bad faith by
delaying/reneging on the accord:


THE MASSIVE BENEFITS OF IMPLEMENTING THE WANTA PLAN:
Prompt implementation of The Wanta Plan Settlement will have the following
minimum consequences:

? The United States Government's finances will be transformed within a matter
of no more than a few years. Within a decade or less, depending on how the
incoming windfall tax accruals are allocated, the US Federal Government will
have paid down its 'background' debt.

? Banks in the United States and abroad which are currently teetering on the
brink of insolvency due to the severe financial knock-on effects of the US
authorities' duplicity in failing to fulfil their solemn undertakings and
obligations concerning the Wanta Plan, will not go to the wall, after all.

Under The Wanta Plan, transactions blocked due to the behaviour of the White
House, the US Federal Reserve and their co-conspirators in the international
and domestic financial communities, will be released and the pressure on the
several banks that currently face bankruptcy, will unwind.

? The $4.5 trillion Settlement with Ambassador Leo E. Wanta represents a
compromise, which leaves the remaining original $23+ trillion, now worth
about $58.5 trillion, uncollected ? and lets the co-conspiratorial institutions
in Europe and elsewhere that have long since assumed these funds to be
uncollectable and usable as collateral for their own purposes, off the hook.

Under The Wanta Plan, these funds will not be collected and the corrupt
banks can heave a belated sigh of relief that they will not be held to
account, and their executives will not be arrested, after all. There will
cease to be any further need for bankers fearing exposure to jump out
of their high-rise office or city apartment windows any more.

? Therefore, in the banking sector, EVERYONE WINS ? which is why foreign
bankers are clicking their heels in New York waiting to know why these
long-sanctioned arrangements have not been finalised. It also explains why
they are all lined up waiting to do above-board, taxable, on-balance sheet
financing business with Ambassador Leo Wanta and Michael C. Cottrell, whose
financial record, experience and expertise is unrivalled and whose joint and
individual reputations for integrity are genuinely appreciated worldwide by the
powerful parties that matter. These INCLUDE the Chinese, the Russians, the
French, the British and all the foreign partners of importance who have
recognised the significance and benefits of The Wanta Plan.

? The Republican Party ? which actually deserves what will befall it if The
Wanta Plan is not executed ? will gain a sudden new lease of life, because
it will become free to offer the jaded electorate whatever bribes it fancies,
starting with the abolition of the much loathed Inheritance (or 'death') Tax,
reductions in Income and in Corporation Tax, and whatever further electoral
inducements may be considered appropriate, given that a fresh Government
will be in a far better overall financial position than its predecessors.

This assumes that the Republicans are not relying exclusively on rigging the
election using the vote-tampering methods available to US political parties
due to electronic voting and the vulnerability of the equipment and software
to unscrupulous interference, such as occurred during the General Election
in 2004. (It is possible that the cynical and jaded GOP may be so confident
of its ability to rig all elections electronically that it prefers the comforts of the
prevailing off-balance sheet, tax-free corruption self-enrichment system to
the above-board benefits that will accrue from implementing The Wanta Plan
as agreed but so far deceitfully reneged upon).

? The deficit-financing model will become obsolete. It has hobbled the
United States with ever more onerous taxation burdens which, left
'untreated' by the beneficial consequences of The Wanta Plan, will reach
insupportable and intolerable levels within the lifetimes of current working
US taxpayers, whose prospects are becoming progressively gloomier.

? The US Treasury will cease to be controlled by the Federal Reserve, which is
the situation at present, since the CHIPs are controlled by the Federal Reserve
Bank of New York (FRBNY). Of course the Treasury should be in control of the
Fed, not the other way round. And since the Fed is largely owned by foreigners,
this state of affairs actually means that the Treasury is de facto controlled by
foreign interests, as well. This scandal should be anathema to all Americans.

? The US Treasury will resume its ascendancy as the primary financial
institution in the United States, and the most powerful one in the world.
Its 'need' for the Federal Reserve will dwindle to vanishing point; hence:

? The corrupt Federal Reserve can be nationalised, converted into a central
bank under the control of the US Treasury with appropriate independent
policymaking safeguards, or abolished. There is massive resistance to this
of course; but these are the objective facts of the matter. Aternatively, US
policymakers can simply opt to leave things as they are, which would be
unwise: but it's up to them.

? Infrastructure projects financed by financial flows arising from The Wanta
Plan can be embarked upon without creating any new debt, as is currently
intended*, and from taxation revenues. The rotting infrastructure of the
United States can thereby be renewed in the space of less than a decade.

? A properly funded back-stop welfare system can be devised to ensure
essential living standards for all without incurring debt obligations.

? Economic stimulation can be achieved, if necessary, in a sound and
balanced manner, free of debt creation.

? Because over time the US dollar will be strengthened, the permissive
deterioration of the US balance-of-payments that has become so notorious
under the Bush II Administration, continues. But under The Wanta Plan,
domestic manufacturing and prosperity gathers such positive, sustainable
momentum, that the United States' dependence on foreign sourcing can be
sharply reduced over time by import substitution (as is routinely prescribed
for struggling Third World countries by the International Monetary Fund).
Further, although US external deficits certainly need to be curbed, their
significance as a source of instability is reduced because the beneficial
on-budget, on-balance sheet self-financing of the US Treasury's operations
has reversed the deadening impact of endless deficit financing, which has
become obsolete, so that the overall Federal Budget is constantly improving.

This is because:

? The Wanta Plan harnesses legal dimensions of the fiat money system for
the benefit of the US Federal Budget. By contrast, the prevailing corrupt,
exotic off-budget, off-balance sheet tax-evasive arrangements are guaranteed
progressively to destroy the residual integrity of the US dollar and of both
the USD and the international financial systems, while also depriving the
Treasury of vast tax accruals ? a reality to which the perpetrators of these
serial financial crimes are blinded only by their own stupendous greed.

? The stranglehold and power of financial institutions that have grown
fat on a full century of US official deficit-financing short-termism will be
diminished and ultimately broken.

Thus the interests of the big financial institutions diverge from those of
the US Federal Government (if it were to be directed by honourable people,
which is not the case) ? with the parasite financial institutions flourishing by
selling and managing the US Treasury's vast and burgeoning indebtedness,
which is constantly expanding for arithmetical reasons and because corrupt
politicians are interested only in short-term electoral considerations.

It is from this sector that the real underlying opposition to The Wanta Plan
stems; for, in order to retain their privileged official debt-management
franchise, the big financial institutions routinely co-conspire with corrupt
office-holders and officials to devise exotic off-balance sheet self-enrichment
mechanisms. This fickle community of interests between the finance houses
and the corrupt office-holders and officials contrasts with the divergence
of interests between the finance houses and the Government sector itself,
which would apply if the Federal and lesser governments and their agencies
were not perpetually in the hands of corrupt operatives and officials.

full story

[=^..^=]

a link to FULL STORY at the end of all that??

you mean thats NOT the full story????

[stickyfingerz]

Originally Posted by chshkt

HUGE GLOBAL BENEFITS OF THE WANTA PLAN
HORRIFFIC GLOBAL CONSEQUENCES IF IT IS THWARTED
blah blah blah

You are a retard......