Release of $4.5 Trillion of Wanta Funds Earmarked for the Benefit of the American People

From Arctic Beacon - No Release Yet of $4.5 Trillion of Wanta Funds Earmarked for the Benefit of the American People


No Release Yet of $4.5 Trillion of Wanta Funds Earmarked for the Benefit of the American People
According to London-based financial writer "everyone" stands to benefit from implementation of The Wanta Plan except Illuminati and New World Order
3 Sep 2006

By Greg Szymanski



With the immediate implementation of what has been called " The Wanta Plan" everyone benefits except the Illuminati and New World Order, according to London financial writer Christopher Story in his latest article.



And this is exactly why, Story adds, $4.5 trillion has been illegally withheld by the corrupt Bush administration instead of releasing the agreed upon settlement to Ambassador Leo Wanta and the American people.



To verify Story's analysis, Michael C. Cottrell, treasurer of Ambassador Wanta's financial group waiting to distribute the massive settlement for the benefit of the economy, said the current powers that be "appear to want to bring down the economy as well as the country."



In what has become known in international financial circles as one of the most important and explosive stories in the history of modern banking, the Wanta settlement has been the subject of a Bush administration cover-up ever since Ambassador Wanta entered into an official written agreement in November 2005 to repatriate money for the betterment of the American economy.



Further, in May Wanta verbally agreed to the distribution of the $4.5 trillion with President Bush along with the assistance of one Foreign Intelligence Surveillance Court (FISA) court judge and two U.S. Supreme Court Justices.



The settlement, also negotiated with the help of two major U.S. law firms, represents only a portion of the $27.5 trillion offshore fund established at the end of the Cold War, which is now under the legal control of Ambassador Wanta, as duly appointed trustor, a position given to him by former President Ronald Reagan.



Furthermore, it was always the intention of President Reagan and Ambassador Wanta to use the money for the benefit of the American people. But after Reagan left the political spotlight, Wanta was indiscriminately and illegally jailed by operatives working for the last three presidential administrations, who have instead pilfered the trillions for their own agenda and personal gain.



After Wanta's release from a Wisconsin jail in 2005, he was instructed in a 2003 memorandum opinion by Federal Judge Gerald Bruce Lee of the U.S. District Court, Eastern District of Virginia, to try and return the $27.5 trillion to U.S. coffers according to President Reagan's instructions.



The $4.5 trillion settlement is a culmination of his efforts after finding a dark and ominous financial trail of theft, bribery and deception, discovering in his quest to retrace the whereabouts of the offshore money that much of it had been stolen or diverted for private use by the last three presidential administrations.



Earlier this week, Cottrell appeared on Greg Szymanski's radio show, The Investigative Journal, detailing the whereabouts of the $4.5 illegally held up by the Bush administration and why the money has not been distributed to the American people through Wanta's AmeriTrust Groupe, Inc.



Cottrell said James R. Wilkinson, deputy national security advisor for communications, last Thursday signed off on the release of the money being held in a Clearing House Interbank Payment System credit account (CHIPS), an account credited to Goldman Sachs and Co. at Citibank.



However, according to Cottrell, after Wilkinson officially "signed-off" on the $4.5 trillion, disturbing twists and turns began to take place as the funds never were properly directed into Ambassador Wanta's account.



"We tried calling Paulson a week ago, but his secretary told us, point blank, never expect a call back from him - ever," said Cottrell Wednesday in an extended telephone conversation about the reluctance of the highest officials in the land to release trillions that would benefit the American economy.



Instead, after repeated inquiries, Cottrell learned the Bush administration had deviously devised an illegal plan to defraud Ambassador Wanta and, in turn, the American people by diverting the CHIPS account first to the Deutsche Bank/Berlin and then to two other banks.



For a full account of the Cottrell story go to the archives of www.arcticbeacon.com and for the radio interviews of Aug. 31 go to the archives of www.rbnlive.com and www.gcnlive.com.



Furthermore, in Story's latest financial dissection of "The Wanta Plan," the experienced London financial writer provides an excellent analysis of the "huge benefits" to the entire world if the $4.5 trillion is immediately released and the "horrific global consequences" if it is thwarted.



Story's in depth financial analysis can be found at www.worldreports.org and is reprinted here in its entirety due to the importance of the Wanta story called by some observers as the most important story facing the American people today.



Here is Story's report:



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:



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 fulfill 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 behavior 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 uncollectible 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 finalized. 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

recognized 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 nationalized, converted into a central bank under the control of the US Treasury with appropriate independent policy making safeguards, or abolished. There is massive resistance to this of course; but these are the objective facts of the matter. Alternatively, 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 honorable 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.



THE GRIM CONSEQUENCES OF ABORTING THE WANTA PLAN:

Not implementing The Wanta Plan will have the consequences indicated below,among many others. The primary assumption underlying what follows is that a

wholly irrational and by now shambolic, terminal free-for-all has developed in which the myriad competing parties seek their own advantage, without regardfor the broader consequences ? or if they have any regard for them, place them on one side while they cynically pursue their own interests first.



This was the prospect at the beginning of September 2006, on the assumption that, as a result of the Chinese having AGAIN been deceived, double-crossed and lied to by the US Treasury [see separate NEW posting: check the ARCHIVE button], they take the drastic action indicated. The US Treasury Secretary, Henry M. Paulson, was reported to be en route to China, doubtless on a damage limitation mission.



So the following Notes, which summarise the 'worst case scenario' arising from any non-settlement of The Wanta Plan which must be paid out with the China payments, assume that the Chinese (both components) will have been double-crossed by the US Government again on 7th September, with the funds that are due to them on that date remaining, as usual, diverted and unpaid:



? To begin with, the entire mass of the international financial community

knows about this crisis ? and that the American authorities have just lied, double-crossed and deceived from the outset, that the Full Faith and Credit of the United States and the Rule of Law in America have collapsed, and that Bush II Administration officials are behaving like a bunch of arrogant Chicago gangsters who believe that because the intimidated 'mainstream' media have failed to pick this story up, they are protected from the consequences of their serial criminality and duplicity.



? Therefore, the consequences of blocking The Wanta Plan itemised below are NOT dependent, as the White House may have presumed, upon the continued suppression of this crisis by the controlled US and UK 'mainstream' media. On the contrary, the 'mainstream' media, which is being constantly updated on the crisis, is liable to be caught off-balance by the devastating global consequences of the Bush II White House continuing to block this beneficial Settlement. Put another way, 'they won't know what has hit them', and they will have to scramble to catch up.



? Institutions 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 implement their undertakings and obligations concerning the Wanta Plan, will go to the wall. To the extent that these institutions are enmeshed in financial operations using Leo Wanta's funds or CHIPS credit, he will have a lien on their assets and will be entitled to lodge appropriate claims in the courts.



? Deceived just once too often by the duplicitous US officials, both the

Communist and the Taiwanese Chinese ? who are now, due to US official ineptitude, working together ? order all payments via the Clearing House Interbank Payment System (CHIPS) in New York to cease (on 14th August, one of the Chinese parties had already cancelled all its CHIPS payments, having earlier threatened to do so).



? The Communist Chinese increase the volume of oil traded in currencies other than the US dollar, following reports from New Delhi and elsewhere in late August that such transactions had already started. With the failure of scheduled payments by the American authorities, implying clearly that the US dollar payments system has ceased to function and cannot be relied upon, the Chinese Communists decide that they have nothing to lose by switching from the US dollar for oil payments to other currencies. The Chang-Kai Shek (Taiwanese) Chinese, who have likewise been deceived, throw all caution to the winds, and follow suit, in a chaotic, irrational environment in which their former enemies in Peking are now their friends and the United States has become their implacable enemy (a development with momentous regional political repercussions, of course).



? Since President Putin has not been paid the $30 billion he is owed by

Ambassador Wanta under the Reagan Protocols, and has likewise been deceived, he coordinates oil-trading policy with the Chinese and agrees to accept currencies other than the US dollar in exchange for exported Russian energy products. This relaxation is soon applied to all Russian oil and gas exports, which the Europeans now start to pay for in Euros and sterling.



? The rest of the Trilaterals (Germany/France, Japan and probably Italy and Spain) progressively abandon the dollar standard and start buying and selling energy products using currencies other than the US dollar.



? The US dollar collapses by 50% or more. Since other key currencies are now in greater demand, because they are needed for oil payments purposes, their massive appreciations reflecting the US dollar's steep devaluation are, if anything, exacerbated further, given this sudden new demand.



? Since many US imports, including of course oil, continue to be in demand domestically, US price inflation escalates sharply, followed by interest rates. Indeed interest rates chase inflation upwards.



? The US housing sector, already in implosion mode, shifts into free-fall, housing starts collapse, and large swathes of the US economy follow downwards into unknown territory.



? Unemployment rises steeply, placing added burdens on the welfare sector which have further cumulative adverse financial consequences.



? Although the countries and blocs that have experienced steep appreciations in terms of the US dollar can continue for a time to trade reasonably satisfactorily between themselves, they all encounter increased competition from dirt-cheap American exports, which now assume the characteristics hitherto associated with the Chinese 'junk' that the United States has been ravenously importing from the 60,000+ factories that Western firms have established in China in recent years (and from the huge continuing Chinese GULAG, which spews out

goods at rock-bottom prices for international markets, given that the labour employed there is free of charge).



? The steep devaluation of the US dollar boosts US exports over time, in

due course bringing about sharp reductions and then the disappearance

of the country's $800 billion+ annual trade deficit. This process, however, is subject to the so-called J-curve effect, whereby the US trade deficit worsens sharply to begin with, given that essential imports in the pipeline cannot be cancelled and still have to be paid for with steeply devalued dollars. It is only when these overhang transactions have been unwound, which can take years, depending on the volume of forward import contracts placed, that the beneficial effects of the dollar's massive devaluation start to rebalance the country's external accounts.



The deficit on the current account takes longer to eliminate because the

outstanding debt continues to exist and has to be paid off with steeply

devalued dollars when surpluses appear on the balance-of-payments, which again may take several years. The immediate impact of the steep devaluation is therefore greatly to exacerbate the US domestic recession or depression brought about by the other adverse knock-on effects mentioned.



? Within a short space of time, Western economies, in particular, find that

their exports cannot compete, and their steep currency appreciations, while

curbing inflation and probably delivering price deflation over time, leave

exporting companies unable to compete, forced to lay off staff or to close

down altogether because their overall operations have become loss-making

or uneconomic. There will be much blood on corporate boardroom carpets.



? The US and all other stock markets experience a slump with no historical

precedent, which triggers bankruptcies throughout the business and personal

sectors, throwing very large numbers of families into distress and inducing

a sharp jump in the suicide statistics both in the United States and abroad.

Foreclosures escalate, as do factory and corporate closures and failures.



? The stock market slump and knock-on consequences in related financial

markets spread like a malicious contagion worldwide, with unpredictable

outcomes universally conducive to an initial global slump.



? As reiterated above, the $4.5 trillion Settlement with Ambassador Leo Wanta

represented a compromise, which would have left the remaining original $23+

trillion, now worth about $58.5 trillion, uncollected ? and would have let the

co-conspiratorial banks in Europe, Israel and elsewhere that have long since

assumed these resources to be uncollectable and usable as collateral for

their own purposes, off the hook. But since The Wanta Plan has not been

implemented, the entire original $27.5 trillion (now worth about $70+ trillion)

is collectable; and since so much of this money has been stolen, Ambassador

Leo Wanta will wind up owning a sizeable number of large financial institutions,

if the funds are not disgorged as will be required. Alternatively, sizeable banks

will go to the wall, and their supervisory central banks will be obliged to pay

Wanta what these banks owe him, to authorise control to be passed to Leo

Wanta, or else to nationalise the banks in question.



? Chaotic currency realignments proliferate. If one underlying globalist

intention had been to use this contrived crisis to 'call for' a world

currency, this project, like all such globalist forward planning and

conspiracies, turns out to be a monumental failure.



Instead, what has been achieved is that:



? The world currency, financial and trading systems rapidly disintegrate,

leading to the worldwide imposition of foreign trade tariffs and to a parallel ferocious, no-holds-barred, ruthless scramble for global energy resources (far more intense than the current scramble) and thus to the Third World War ? if this has not already been triggered as the panic-stricken Bush II White House has rushed to cover its tracks by swamping them with an orchestrated

global crisis of its own making.



POSTSCRIPT

It is possible, of course, that Henry M. Paulson travelled to China at the

beginning of September not to apologise for his past lies, but rather to

warn the Chinese of the financial and economic consequences if they

retaliate ? as was planned in the event of their not being paid out. The

consequences of the dollar's collapse following non-implementation of

The Wanta Plan will necessarily be especially severe for China, which willsuddenly find that the vast US market for its junk goods dries up.



So the rug have been tugged brutally away in a hasty manner that cannot becontrolled. Since Mr Paulson is reported to have lied to the Chinese, it was hard, at the end of August, to imagine what he could possibly have had tosay to them, during his visit. It is a key mark of the refinement of China'sancient civilisation that in business dealings, one fulfils one's good faithundertakings, and that a pledge or agreement cannot be unilaterally reneged upon, without severe consequences.



US officials may have assumed that their gangland culture would travel, on the assumption that there is a certain honour among crooks and thieves. But since the West, and especially Britain and the United States, have made such an unspeakable mess of their international dealings in recent years, and Washington has compounded its ham-fisted errors in Iraq and elsewhere by lying and deceiving its international partners more than has regrettably been the norm ever since the US military-intelligence complex acquired its hegemony as a wayward 'state within the state', Mr Paulson will have had to choose his words carefully, to put it mildly.



Whether he travelled to China to plead for more time to 'restore' the funds which have been illegally diverted from the relevant CHIPS credits, or else to tell the Chinese bluntly that even though their funds have been pillaged,

implementing their unspoken threat to abandon the dollar as their energy

payments currency will trigger the Third World War, the meeting will no doubt

have been poisonously unpleasant ? judging from the way it looks today.



* In one of the more extraordinary twists of this crisis, The Times, London,

published by the globalist Rupert Murdoch, carried a prominent report in its

business section on 21st August 2006 entitled 'British Groups Stand By as

US Starts to Rebuild', which stated, all of a sudden, that 'British construction and

engineering companies are sizing up an emerging market in Private Finance

Initiative (PFI) projects in the United States thought to be worth $1.6 trillion'.



This 'just happened' to be the same $1.6 trillion that is payable direct

to the US Treasury by way of tax prepaid at 35% on the $4.5 trillion Wanta

Settlement.



It also 'just happens' to be in violation of the Economic Espionage Act of

11th October 1996 [HR 3723], given that it precisely mimics proprietary

information belonging to Ambassador Wanta, and Michael C. Cottrell M.S.,

the Executive Vice President and Treasurer, AmeriTrust Groupe, Inc., which

provides as follows [see also the second NEW posting: check Archives button]:



'Whereas, the President of the United States, having signed H.R. 3723 on

October 11, 1996, has protected this transaction, by allowing corporations

the right to declare their Contracts, Clients, Internal Procedures and

Information, and the transactions they engage in as a Corporate or Trade

Secret fully protected under Economic and Industrial Espionage Laws of the

United States of America and the International Economic Community'.



'Inasmuch, the names, identities, bank coordinates and other identifying

information of persons or entities that are party to this transaction,

contained herein, or learned hereafter, shall be a Corporate Trade Secret

that shall not be disseminated other than as provided for herein, or as

allowed under applicable law. Any unauthorized Disclosure of this private

Transaction, parties to, or other material fact of, shall subject the

violators to Criminal Prosecution'.



Adjacent to the article was a large photograph of a downtown Houston

freeway. Enquiries made it clear that the projects in question appeared to have been generated from Texas, the headquarters of the Bush Family, and that such infrastructure projects in Texas alone would be worth an initial $187 billion. The American Society of Civil Engineers had estimated that $1.6 trillion needed to be spent over the next five years just to maintain the United States' infrastructure.



The fact that the aggregate amount being touted here 'just happened'

to be identical to the $1.6 billion windfall tax payment initially due to the US Treasury under The Wanta Plan suggested that the objective had been not only to steal the funds but to cover the thefts by means of duplicating 'smoke and mirrors' lies representing that the exact same amount will have been accounted for 'on the books' in Private Finance Initiative projects leased to private sector investors, which will pay the same aggregate amount to the States for the franchise to manage the projects (such as highways with road tolls) for, say, 99 years. In other words, the $1.6 trillion would be doubled ? another way of saying that it would be 'accounted for', after the initial $1.6 trillion had been 'diverted', i.e., as usual, STOLEN. ENDS.



Editor's Note: It is appalling that the Arctic Beacon and The International Currency Review are the only two news outlets covering this story. However, the truth will prevail despite the sell-out of both media barons and government crooks now in control.



Greg Szymanski