EU to hand over financial transactions data to US government

ANOTHER GREAT EXAMPLE OF WHY WE DO NOT NEED AN EU PRESIDENT OR PRESIDENCY! 

The presidency of the European Union – currently held by Sweden as represented through its Minister for European Union affairs, Cecilia Malmstroem- on Wednesday presented a draft Council decision to the Economic and Financial Affairs Council (ECOFIN) regarding an agreement between the United States and the European Union. Titled “Agreement between the European Union and the United States of America on the processing and transfer of Financial Messaging Data for purposes of the Terrorist Finance Tracking Program” it provides mechanisms for the transfer of financial information from Europe to US authorities. In mid-June 2006, the existence of a secret US government program that came into being shortly after the 9/11 incident was revealed by the New York Times. Said program was designed to monitor global financial transactions data that was provided by SWIFT, the Society for Worldwide Interbank Financial Telecommunication.

SWIFT operates an IP-based worldwide financial messaging network through which the majority of global interbank communications are transferred. Two data centers, one in the US and one in The Netherlands, are transferred. Two data centers, one in the US and one in The Netherlands, are synchronized for redundancy. These publications sparked a furious outrage in Europe, citing business misconduct and negligence by SWIFT. Consequently SWIFT prepared for a third data center in Switzerland and a redesign of its infrastructure, splitting the network into two zones, the European messaging zone and the Trans-Atlantic messaging zone. European message would then only be stored in The Netherlands and Switzerland and thus no longer be available to the Central Intelligence Agency.

The Swedish presidency wants to push through an agreement that would grant the US access to domestic and intra-European wire transfer records even after the implementation of SWIFT’s new Distributed Architecture. The scope of application would be very wide-ranging and thus provide near all-encompassing access for US authorities. Critics in Brussels are most aghast at the proposed time frame. The Swedes want to push through the treaty on November 1st, just one day before the Treaty of Lisbon will enter into force on December 1st, 2009, which grants co-decision powers in Justice and Home Affairs to the European Parliament.

http://www.wikileaks.org/wiki/EU_to_hand_over_financial_transactions_data_to_US_government

IMHO I think the Swedish EU President Cecilia Malmstroem has been filmed in bed with th wrong person. When we have a President ,you just have to blackmail ONE PERSON and all of Europe lies at your feet. Its a very bad idea and just leaves us weak and vunerable to political blackmail.

THIS IS JUST ANOTHER AUTHORITARIAN NWO GRAB FOR POWER. TERRORISM IS AN EXCUSE. YOU WILL BE NAMED A TERRORIST

YOU will be defined as a Terrorist if required. Just like that notorious terrorist organisation Icelandic Banks.

U.K. Used Anti-Terrorism Law to Seize Icelandic Bank Assets

Oct. 9 (Bloomberg) — Chancellor of the Exchequer Alistair Darling used anti-terrorism rules to take control of assets held in Britain by a troubled Icelandic bank

http://www.bloomberg.com/apps/news?pid=20601102&sid=aXjIA5NzyM5c

MORE than 600 people were detained under the Terrorism Act during the Labour party conference, it was reported yesterday.

Anti-Iraq war protesters, anti-Blairite OAPs and conference delegates were all detained by police under legislation that was designed to combat violent fanatics and bombers – even though none of them was suspected of terrorist links. None of those detained under Section 44 stop-and-search rules in the 2000 Terrorism Act was arrested and no-one was charged under the terrorism laws.
http://news.scotsman.com/terrorismintheuk/Over-600-held-under-terror.2666380.jp

Terror law overkill? Police stop 180,000 people under draconian laws but only 255 arrested

Police have used anti-terrorism powers to stop and search almost 180,000 suspects, it emerged yesterday.

Yet only 255 of the individuals they targeted were subsequently detained for terrorist- related offences

 http://www.dailymail.co.uk/news/article-1141342/Terror-law-overkill-Police-stop-180-000-people-draconian-laws-255-arrested.html#ixzz0Zgpps7Qe

SIMPLE TRUTH . THEY ARE NOT INTERESTED IN FOLLOWING THE MONEY TRIAL.THEY ARE JUST INTERESTED IN POWER AND CONTROL

More evidence of Pre-9/11 Inside Trading: Follow the Money? God forbid
Why was the cashing out of billions of dollars just before 9/11 never investigated?

Had an investigation been done into the crime of failing to file the “currency transaction reports” in August 2001, then we would know who made the cash withdrawals in $100 bills amounting to the $5 billion surge.

Bergman asked about this anomaly—and was removed from his investigative duties.

It’s been over six years since 9/11, but U.S. regulatory entities have been slow to follow through with reports about the complex financial transactions that occurred just prior to and following the attacks. Such research could shed light on such questions as who was behind them—and who benefited—and could help lay to rest the rumors that have been festering.

http://www.globalresearch.ca/index.php?context=va&aid=8046

FROM THE EVIDENCE WE KNOW NOW ,THE MONEY TRAIL ALL POINTS TO THE CIA AND THE US GOVERNMENT !!! THE VERY PEOPLE DEMANDING TO KNOW OUR FINANCIAL TRANSACTIONS TODAY!!!!

I THINK WE HAVE A BETTER CASE TO DEMAND TO SEE AND KNOW THIER TRANSACTIONS. THEY DEFINATELY ARE CONNECTED TO TERRORISM!!!!

PROOF OF FOREKNOWLEDGE AND AIDING AND ABETTING TERRORISM

A September 21 story by the Israeli Herzliyya International Policy Institute for Counter terrorism, entitled “Black Tuesday: The World’s Largest Insider Trading Scam?” documented the following trades connected to the September 11 attacks:

– Between September 6 and 7, the Chicago Board Options Exchange saw purchases of 4,744 put options on United Airlines, but only 396 call options. Assuming that 4,000 of the options were bought by people with advance knowledge of the imminent attacks, these “insiders” would have profited by almost $5 million.

– On September 10, 4,516 put options on American Airlines were bought on the Chicago exchange, compared to only 748 calls. Again, there was no news at that point to justify this imbalance; Again, assuming that 4,000 of these options trades represent “insiders”, they would represent a gain of about $4 million.

– [The levels of put options purchased above were more than six times higher than normal.]

– No similar trading in other airlines occurred on the Chicago exchange in the days immediately preceding Black Tuesday.

– Morgan Stanley Dean Witter & Co., which occupied 22 floors of the World Trade Center, saw 2,157 of its October $45 put options bought in the three trading days before Black Tuesday; this compares to an average of 27 contracts per day before September 6. Morgan Stanley’s share price fell from $48.90 to $42.50 in the aftermath of the attacks. Assuming that 2,000 of these options contracts were bought based upon knowledge of the approaching attacks, their purchasers could have profited by at least $1.2 million.

– Merrill Lynch & Co., which occupied 22 floors of the World Trade Center, saw 12,215 October $45 put options bought in the four trading days before the attacks; the previous average volume in those shares had been 252 contracts per day [a 1200% increase!]. When trading resumed, Merrill’s shares fell from $46.88 to $41.50; assuming that 11,000 option contracts were bought by “insiders”, their profit would have been about $5.5 million.

– European regulators are examining trades in Germany’s Munich Re, Switzerland’s Swiss Re, and AXA of France, all major reinsurers with exposure to the Black Tuesday disaster. [FTW Note: AXA also owns more than 25% of American Airlines stock making the attacks a “double whammy” for them.]

On September 29, 2001 – in a vital story that has gone unnoticed by the major media – the San Francisco Chronicle reported, “Investors have yet to collect more than $2.5 million in profits they made trading options in the stock of United Airlines before the Sept. 11, terrorist attacks, according to a source familiar with the trades and market data”.

“The uncollected money raises suspicions that the investors – whose identities and nationalities have not been made public – had advance knowledge of the strikes”. They don’t dare show up now. The suspension of trading for four days after the attacks made it impossible to cash-out quickly and claim the prize before investigators started looking.

“October series options for UAL Corp. were purchased in highly unusual volumes three trading days before the terrorist attacks for a total outlay of $2,070; investors bought the option contracts, each representing 100 shares, for 90 cents each. [This represents 230,000 shares]. Those options are now selling at more than $12 each. There are still 2,313 so-called “put” options outstanding [valued at $2.77 million and representing 231,300 shares] according to the Options Clearinghouse Corp”.

“The source familiar with the United trades identified Deutsche Bank Alex. Brown, the American investment banking arm of German giant Deutsche Bank, as the investment bank used to purchase at least some of these options” This was the operation managed by Krongard until as recently as 1998.

As reported in other news stories, Deutsche Bank was also the hub of insider trading activity connected to Munich Re. just before the attacks.

CIA, THE BANKS THE POLITIONS AND THE BROKERS

Understanding the interrelationships between CIA and the banking and brokerage world is critical to grasping the already frightening implications of the above revelations. Let’s look at the history of CIA, Wall Street and the big banks by looking at some of the key players in CIA’s history.

Clark Clifford – The National Security Act of 1947 was written by Clark Clifford, a Democratic Party powerhouse, former Secretary of Defense, and one-time advisor to President Harry Truman. In the 1980s, as Chairman of First American Bancshares, Clifford was instrumental in getting the corrupt CIA drug bank BCCI a license to operate on American shores. His profession: Wall Street lawyer and banker.

John Foster and Allen Dulles – These two brothers “designed” the CIA for Clifford. Both were active in intelligence operations during WW II. Allen Dulles was the U.S. Ambassador to Switzerland where he met frequently with Nazi leaders and looked after U.S. investments in Germany. John Foster went on to become Secretary of State under Dwight Eisenhower and Allen went on to serve as CIA Director under Eisenhower and was later fired by JFK. Their professions: partners in the most powerful – to this day – Wall Street law firm of Sullivan, Cromwell.

Bill Casey – Ronald Reagan’s CIA Director and OSS veteran who served as chief wrangler during the Iran-Contra years was, under President Richard Nixon, Chairman of the Securities and Exchange Commission. His profession: Wall Street lawyer and stockbroker.

David Doherty – The current Vice President of the New York Stock Exchange for enforcement is the retired General Counsel of the Central Intelligence Agency.

George Herbert Walker Bush – President from 1989 to January 1993, also served as CIA Director for 13 months from 1976-7. He is now a paid consultant to the Carlyle Group, the 11th largest defense contractor in the nation, which also shares joint investments with the bin Laden family.

A.B. “Buzzy” Krongard – The current Executive Director of the Central Intelligence Agency is the former Chairman of the investment bank A.B. Brown and former Vice Chairman of Banker’s Trust.

John Deutch – This retired CIA Director from the Clinton Administration currently sits on the board at Citigroup, the nation’s second largest bank, which has been repeatedly and overtly involved in the documented laundering of drug money. This includes Citigroup’s 2001 purchase of a Mexican bank known to launder drug money, Banamex.

Nora Slatkin – This retired CIA Executive Director also sits on Citibank’s board.

Maurice “Hank” Greenburg – The CEO of AIG insurance, manager of the third largest capital investment pool in the world, was floated as a possible CIA Director in 1995. FTW exposed Greenberg’s and AIG’s long connection to CIA drug trafficking and covert operations in a two-part series that was interrupted just prior to the attacks of September 11. AIG’s stock has bounced back remarkably well since the attacks. To read that story, please go to http://www.fromthewilderness.com/free/ciadrugs/part_2.html.

One wonders how much damning evidence is necessary to respond to what is now irrefutable proof that CIA knew about the attacks and did not stop them. Whatever our government is doing, whatever the CIA is doing, it is clearly NOT in the interests of the American people, especially those who died on September 11.

https://cuthulan.wordpress.com/2009/10/05/us-government-terrorists-still-in-power-iran-contra-to-911/

SO THEY ONLY FOLLOW THE MONEY THAT DOES NOT POINT TO THE GOVERNMENT AND ITS AGENCIES AND LOBBY GROUPS

https://cuthulan.wordpress.com/2009/10/12/us-government-making-a-killing-on-war/

For more on what governments REALLY get up too…….

https://cuthulan.wordpress.com/2009/09/02/governments-traitors-terrorists-and-drug-dealers/

Everything secret degenerates, even the administration of justice; nothing is safe that does not show how it can bear discussion and publicity.- Lord Acton

Secrecy is the beginning of tyranny.-Robert Heinlein

The individual is handicapped by coming face to face with a Conspiracy so monstrous he cannot believe it exists. The American mind simply has not come to a realization of the evil which has been introduced into our midst. -J.Edgar Hoover

There exists a shadowy government with its own Air Force, its own Navy, its own fundraising mechanism, and the ability to pursue its own ideas of national interest, free from all checks and balances, and free from the law itself. – Danuel K.Inouye

Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. -Andrew Jackson

If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.-Thomas Jefferson

The high office of the President has been used to foment a plot to destroy the American’s freedom and before I leave office, I must inform the citizen of this plight.-John F. Kennedy

THERE’S NO JUSTICE, THERE’S JUST US!!!!!

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8 Responses to EU to hand over financial transactions data to US government

  1. […] EU to hand over financial transactions data to US government … […]

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