Tuesday, October 1, 2013

Heather Answers Henry the Banker's Questions


The following is from recent Skype Conversations...share in transparency to the public... some emoticons are have been left in their Skype text form where I had no ready substitute for them on the blog.

[10/1/13 4:05:41 AM] HeatherAnnTucciJarraf I: On 10/1/13, at 12:00 AM, Henry O'Leary wrote:
==================
MY QUESTIONS FOR HEATHER...
But first, I am REPOSTING some EXCERPTS from above:
. .
WHY ME? / If not me, Who?

/ QUOTE /
I have been fascinated with this "movement" for a long time.  I have probably listened to well over 100 hours of podcasts, and done a great deal of reading about this story, and even read several UCC filings.  It has been obvious to me for sometime that something or someone was missing from the OP team.  I have been waiting for someone to step forward and ask the hard questions, and point out some of the half-truths as are commonly expressed here.  

When I heard the recent OP podcast where BZ spoke about how she was going to approach banks, it was obvious to me (from my background in banking), that this approach was not going to work... Given the stakes, I decided to step forward, and ask the very questions that I was waiting for someone else to ask.
/ UNQUOTE - Henry /

. .
Heather has invited me to ask Questions

/ QUOTE /
Henry O'leary (your role/real name is not important)....thank you, Love.  I get that you do not want to play transparently...youl still get all the questions answered...by a co-ordinated co-operation that has been rolling out visibly, Love.
: Good night, Loves!
/ UNQUOTE - HeatherAnnTucciJarraf .
. .
To which, I responded:

/ QUOTE /
Hi Heather,
I think I have been as transparent as most here, apart from not being willing to reveal my name and details of past employment - for reasons I have given.  Are YOU willing to to take next step?
/ UNQUOTE /
. .
No Response has come from Heather (yet), 
So I suppose I should be the one to Take the Next Step, regarding Questions.
. .
So that's the Background, and Here they are ...
QUESTIONS as Originally posted on the 5d-Chat
. .
HARD QUESTIONS : for The One People Forum on 5d
===========================================


+ VALUE : Why does the OP talk about $5 Billion per person when $300 Trillion Global Tangible wealth (on the planet) divided by 7 Billion people is less than $50,000 per person?

+ NON-NEGOTIABILITY : What do you expect the the first bank to do with a deposited COV, when no other banks have yet accepted them in exchange for cash?

+ WHY NO EXPERTS: If banking really worked the way we have heard about on OP podcasts, why does not one single banking expert talk that way, including the many critics of big banking and the Fed? 

+ LENDING SLOWDOWN: ... And why has bank lending ground to a halt in 2013, if making loans is such an easy and profitable business for banks?

+ EXCHANGES: Getting two people to agree on what is a fair "exchange for value" can be difficult and slow. Won't our complex economy grind to a halt if the existing pricing mechanism is destroyed, and a new one has to be created and negotiated?

+ DIRTY JOBS: Many think that local currencies creating and using their own local currencies is the answer. But if you look at the history of Utopian communities, these usually fall apart because it is hard to find people willing to do the regular dirty jobs that someone needs to do – these can be removing garbage, or washing dishes. 
How will OP's vision tackle these jobs?

+ NO BANKS: In a world without banks, how will people come up with the value for expensive capital items, such as a house? If it represents 20 years of savings, then people will need a reliable and safe way to store savings while they are waiting. If not banks, what then?
===
> see: http://z13.invisionfree.com/HARD_Qs/index.php?showtopic=1
========================

[10/1/13 4:06:11 AM] HeatherAnnTucciJarraf I: On 10/1/13, at 3:51 AM, HeatherAnnTucciJarraf . wrote:
> + VALUE : Why does the OP talk about $5 Billion per person when $300 Trillion Global Tangible wealth (on the planet) divided by 7 Billion people is less than $50,000 per person?

HEATHER:  this is where your stated experience and levels in derivatives is so interesting, yes?...depends on whether you consider the totality of data, not one piece missing, vs.  data consciously selected from all data in order to support an economic structure/agenda, yes?

1.  there is reportedly over 1.2 Quadrillion of derivatives (if one google's derivatives you will find many references from finance journals, congressional hearings, etc. but here is one http://www.dailyfinance.com/2010/06/09/risk-quadrillion-derivatives-market-gdp/ ) ...and that is just what is "on book" without transparency of "off book" amounts...I AGREE WITH A STATEMENT THAT THERE IS MUCH MORE DATA THEN IS BEING FOCUSED ON...Henry, would you be willing to explain how derivatives market ALONE, not even considering any of the other markets, can be sooooo much larger than Global GDP...what value base are they using and what are the formulas to get to the numbers (on book at least) that they are selling?  (this opens the door to the Insurance scheme of multiple policies issued for greater than the asset "covered", which is illegal by former laws...that appeared to bring AIG down yet was the greatest robbery in history....because their national/international data base was consciously designed to not catch the multiple policies issue upon entry of policy...only upon entry of CLAIM on policy...which led to the actual robbery operating under the guise of BAILOUT.)

2.  Re-read the filings...they actually state 5 billion in equity paid in "lawful money of The United States of America" (gold and silver pre1933)...if one goes to read ANY purported "promissory note" for a purported loan all contain a statement that the signatory admits to receiving a loan of [enter FRN amount] which they agree to repay in "lawful money of The United States of America" (gold and silver)...GOLD AND SILVER pre 1933... (promissory forms were last created/revised by FANNY MAE in 1985, if memory serves correctly, for the whole banking industry....BIG BANK/FANNY MAE EXECS CREATED MERS AT THE SAME MOMENT, but tested it for approximately 10 years before its launch in 1995...Marie McDonald (forensics fraud mortgage examiner is an excellent resource to speak with...lovely being who was behind the Albinez supreme court Amicus Curie...I worked with her during her moment of transparently auditing Mass. County records...75%+ titles examined were fraud.)  As all local currencies are only able to issue based on the amount of FRN's deposited in their central banks (EURODOLLAR = a dollar deposited in a European bank.... http://thelawdictionary.org/eurodollar/ )...which is why the purported BAILOUT MONEY FED RESERVE PAID OUT TO MANY BANKS, CORPORATIONS, ETC OVERSEAS ...and which in issuing local currencies from central banks based on the amount of FRN's is why they all subscribed under the "all debts are payable in lawful money of The United States of America" (gold and silver)...its all in the filings, Love.

3.  DO the calculation now of 5 Billion lawful money of The United States of America, pre1933 gold and silver per the filings ;)...what DO you SEE, Love?

4.  I love the fact that you state you were in high level derivatives...you should be able to shine absolute light on the inconsistencies and probably one of the greatest shadow department of banking....other than the "Loan and Original Issue Discount mechanisms"...then again the Federal Reserve did a great job at explaining everything in MODERN MONEY MECHANICS...I'll post a copy after this post 

+ NON-NEGOTIABILITY : What do you expect the the first bank to do with a deposited COV, when no other banks have yet accepted them in exchange for cash?  

HEATHER:  This is where your stated experience as high level banker is so valuable, Love....you have the opportunity to show what your "world" does not want seen or focus on...what negotiable vs. non-negotiable means and how the "conversion" process actually works, yes?:

1.  APPLICATIONS for conversion (exchange for current funds) is done all the time...the conversion is cleverly templated (by Fannie/banks as stated above)the promissory note is a declaration of value, cleverly coupled with the "swap" of loan issuance (FRN's) for "lawful money of The United States of America", and the OID (Original Issue Discount is done and issued (IRS holds those records)...AGAIN, read MODERN MONEY MECHANICS or the many other resources of data that are issued by the system itself...NOTICE IS A MANDATORY REQUIREMENT...hence, the requirement of distraction so that the NOTICE is not....noticed (chuckle)(heart)

2.  In every application for a bank account, credit card, loan/deed of trust, etc., there is a clever Agent Clause/Accomodation Clause...making the bank a signatory agent for the purported "applicant" so that the bank can hide the entire conversion process from the one who actually holds the value...that is why the bank can accept the "Original Issue Discount" federal reserve notes that are exchanged for the original value and placed in an account in the bank under the applicants name, which the bank, per the Agent/Accomodation Clauses can then accept "on behalf of the client"/"as the client" and transfer to another account which is presented to the client as "loan account" ...AGAIN ...MODERN MONEY MECHANICS, and many other sources from within the system cover all this.

3.  "Negotiable" is required for the banks to leverage, derive, or to permit the "global" conversions, assignments, derivatives, leverages, etc.

4.  "Non-negotiable"...it is what it is and it ain't no more than what it is stated to be...and only the issuer has the power...not any agent/accomodation maker.....the issuer would have to have all material facts in order for the instrument issued to have value...but that is not how the former system was.

5.  To accept "Non-Negotiable" instrument would mean all material facts have to be disclosed and all operations transparent with knowing, willing and intentional consent by issuer....very different than the former system, yes?

6.  The mission of the former systems was to successfully fail so that all could succeed, not one inbodyment left behind.  That mission is complete.

+ WHY NO EXPERTS: If banking really worked the way we have heard about on OP podcasts, why does not one single banking expert talk that way, including the many critics of big banking and the Fed? 

HEATHER:  They have....multiple moments over....William Black (inlove) , Congressman Bernard (Congressional Bernard hearings regarding S&L scandal...remember that?), Walker Todd, and many others....are you listening to what they actually are saying/have said, Love?

+ LENDING SLOWDOWN: ... And why has bank lending ground to a halt in 2013, if making loans is such an easy and profitable business for banks?

HEATHER:  (chuckle) ... because all the original value and depositories (the people) were duly secured and returned....what happens in contracts (this is where your ship financing and overall banking experience should benefit soooo many here ;)), inclusive of contracts for a purported loan when all material facts are not disclosed? 

[10/1/13 4:06:28 AM] HeatherAnnTucciJarraf I: On 10/1/13, at 4:04 AM, HeatherAnnTucciJarraf . wrote:
+ EXCHANGES: Getting two people to agree on what is a fair "exchange for value" can be difficult and slow. Won't our complex economy grind to a halt if the existing pricing mechanism is destroyed, and a new one has to be created and negotiated?

HEATHER:  when a pricing mechanism, and the funding mechanism it is based on, is not completely disclosed to begin with resulting in a fraud...was it "destroyed" at inception and implementation? ...hence transparency only makes visible what all ways IS.

+ DIRTY JOBS: Many think that local currencies creating and using their own local currencies is the answer. But if you look at the history of Utopian communities, these usually fall apart because it is hard to find people willing to do the regular dirty jobs that someone needs to do – these can be removing garbage, or washing dishes. How will OP's vision tackle these jobs?

HEATHER:  hhhhmmm...interesting, yes?  The advanced technologies that have been buried in order to maintain people paying energy into distraction, like removing garbage, or washing dishes, etc.....the "invention" of the dishwashing machine/clothes washing machine was about as far as they were to release....that is why the cookers were buried too...old "new tech" ;) (the tech that burns the garbage back to their base elements, like the total of all used rubber tires that can be cooked back to base elements and provide the same amount of oil that Venezuela was importing to the US back in 2009...and that doesn't even address the value of the other base elements that come out of those "tires" that are worth more on the market than oil)

....I won't even get into the advantage of human tech...which makes those "dirty jobs" you speak of irrelevant...yet. :*

+ NO BANKS: In a world without banks, how will people come up with the value for expensive capital items, such as a house? If it represents 20 years of savings, then people will need a reliable and safe way to store savings while they are waiting. If not banks, what then?

.....for all that Jimmy Carter has done, one of the DO'ings I love the most has been his Habitat for Humanity...and when HH leaves a community, are you conscious that many of the community continue to build homes using no money?...that's until Green Peace and USAID put a stop to it (rofl)

....the real value the banks have produced is NOW visible....to make transparent the eternal value of all inbodyments of I....The banks have served their purpose and it is the moment for all inbodyments to repurpose....the banks operated by the energy of the inbodyments within them DO'ing...and they survived by the energy of the inbodyments that believed that banks actually produced the "value"...what DO you SEE NOW, Love?

[10/1/13 4:07:07 AM] HeatherAnnTucciJarraf I:
On 10/1/13, at 12:08 AM, Love and Light wrote:
Here is another great question Henry that I am curious about I keep hearing they TBTB are running out of money I would love to have more information on that and have some way to verify this other then someone said so.

On 10/1/13, at 4:04 AM, HeatherAnnTucciJarraf . wrote:
Seriously, Love?  Really, Mark?  I love you! 

[4:18:46 AM] HeatherAnnTucciJarraf .: you can also google MODERN MONEY MECHANICS [included below in this blog -Bill] ....it is all over the net, Love. ;)

[4:19:28 AM] HeatherAnnTucciJarraf .: I am not sending "Henry" anything he isn't already conscious of or in possession of, Love.

All the Tech is already created.  They don't release it because it interfered with their "economy" and "finance"... Now they are scrambling to take over the perceived "New" tech so that they can control the distribution of that tech when the banks go bye bye... and yet, even that has and is being denied to them. 

No more hierarchy.  Ever.

http://americankabuki.blogspot.com/2013/09/proposal-denied-but-thanx-for-playing.html

3 comments:

  1. LOVE HEATHER'S BEING AND DOING AS WELL AS YOURSELF AND EVERYONE (BIG HUGS EVERYWHERE, INCLUDING ALL THOSE "OUT THERE")

    ReplyDelete
  2. How does this or does this effect the Government shutdown?

    ReplyDelete
  3. The Conversation continued with more Q&A...

    The whole thing is here: http://tinyurl.com/HQ-Heat-Q

    ReplyDelete

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