Fed governor Dan Tarullo on too big to fail

10-19-16     IMG_4087.JPG-Shasta at evening

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Iranian President Hassan Rouhani told NBC News in late September that his government is in talks with the United States to secure future payouts, a disclosure that may have played a role in the White House’s recent decision to veto legislation to block future ransom payments to Iran.

“We’re currently conducting conversations and various dialogues in order to return this money to Iran,” Rouhani was quoted as saying. “Perhaps these dialogues can be still conducted simultaneously on parallel tracks while we’re conducting those same conversations in order to free the sums of money that are still owed to us.”

One senior congressional adviser familiar with the issue told the Free Beacon that Iranian officials have been pressing for another $2 billion from the United States for months.    http://freebeacon.com/national-security/iran-seeking-many-billions-dollars-ransom-free-u-s-hostages/

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-Dan Tarullo

“However, the combination of the questionable terms of the original Fed lending and failure to increase the effective stake of taxpayers as part of this deal means that we should avoid saying anything that would identify us with this move” (AIG bailout modification).           -Dan Tarullo, in a confidential memo to Obama, relaying key info from Bernanke & Paulson, Nov. 9, 2008   (released via Wikileaks from Pedestal email cache)

As a reminder, Tarullo took office at the Federal Reserve board of directors on January 28, 2009, one week after Barack Obama was inaugurated.              http://www.zerohedge.com/news/2016-10-19/never-seen-secret-memo-aig-bailout-feds-tarullo-obama-revealed-podesta-emails

–“questionable terms” probably means non-Constitutional methods employed by Bernanke, and afterward by Geithner as Treasury Sec. after he moved on from heading the NY Fed Reserve.     -r

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(What sort is Tarullo?   He taught at Harvard, worked for Edward Kennedy, high up in Clinton administration, member of CFR and Princeton Project; called the most powerful man in banking by WSJ.)

“The roots of the present crisis–-and thus of the current form of the too-big-to-fail problems–-reach much deeper than the breakdown of private risk management and shortcomings of government regulation during the first part of this decade.  Its origins lie in 30 years of change in the organization of financial firms and markets that squeezed the traditional business model of commercial banking.  The regulatory system accommodated the growth of capital market alternatives to traditional financing by relaxing many restrictions on the type and geographic scope of bank activities, and virtually all restrictions on affiliations between banks and non-bank financial firms.  The result was a financial services industry dominated by one set of very large financial holding companies centered on a large commercial bank and another set of very large financial institutions not subject to prudential regulation.”          -Tarullo; Oct 21, 2009 – Governor Daniel K. Tarullo spoke at the Exchequer Club, Washington, D.C., about confronting too big to fail.  https://www.banknews.com/blog/speech-by-governor-tarullo-on-confronting-the-too-big-to-fail-problem/

As has been shown umpteen times, the Fed was invented by an unusually powerful elite cabal at Jekyll Island and by surreptitious means foisted upon the US Government and American people as a curative to big banking trusts, or too-big-to-fail stuff!      -r, mt. shasta, ca

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The Constitution contains only two sections dealing with monetary issues. Section 8 permits Congress (only) to coin money and to regulate its value.  Section 10 denies states the right to coin or to print their own money.  The framers clearly intended a national monetary system based on coin and for the power to regulate that system to rest only with the federal government.     http://www.let.rug.nl/usa/essays/general/a-brief-history-of-central-banking/money-and-the-constitution.php

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The American Civil Liberties Union is challenging a secret court to effectively turn its back on deciding the meaning of a broad swath of surveillance and cybersecurity laws without public disclosure.       https://www.theguardian.com/law/2016/oct/19/aclu-fisa-court-surveillance-laws-classified

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Iran Ran the Benghazi Ops

The Quds Force was using operatives recruited in Iraq, Lebanon, Yemen, Turkey and Egypt to finance, train and equip the radical group Ansar al-Sharia in Libya, careful to show their hand only to a select few.

To anyone on the ground, these Iranian operatives would look and speak just like Arabs or Turks.  They helped to create a series of small, radical militias — Ansar al-Sharia was not the only one, as the June 7-8 gathering of jihadis in Benghazi showed — to block any progress toward democracy.

My sources estimate that the Iranians recruited more than 1,000 Libyan fighters for these militias who were “in direct contact with Quds Force officers.”  By mid-August 2012, planning for the attacks on the US diplomatic compound and the CIA intelligence base in Benghazi had been in the works for two months.

My sources say the head of the Iranian team in Benghazi was a senior Quds Force officer named Ibrahim Mohammed Joudaki.  He had gotten his start killing Kurds in northwestern Iran, and later ended up in Lebanon where he trained Hezbollah fighters.  His deputy, Khalil Harb, was someone he had known and worked with for years in Lebanon.

Harb was a top Hezbollah operative and a deputy to Quds Force chieftain Qassem Suleymani.  As an Arab, it was easier for him to interface directly with the local militias and handle the logistics of the operation itself.

Over those first two months, Joudaki spread money around, while Harb and his team of hardened killers gathered intelligence, recruited militiamen, and refined the operational plan.  My sources say Harb had a total of some 50 Quds Force operatives on the ground to manage the attacks.

Their initial orders were to kidnap the US ambassador while he was visiting Benghazi, and to destroy the CIA Annex.  They wanted to drive the United States out of Benghazi, where they believed the CIA was supervising weapons transfers to the Syrian rebels.  “Iran saw the CIA presence on the ground in Benghazi as a direct threat,” the former Western European intelligence chief said.          -K. Timmerman   http://nypost.com/2014/06/20/how-irans-spy-chief-paid-for-the-benghazi-attack/

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http://www.wnd.com/2016/09/congressman-hillarys-experience-disqualifies-her/

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IMG_4100.JPGIMG_4095.JPGIMG_4093.JPG-Shasta, Mt. Eddy, Spring Hill

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