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Question: 'Aren't The Treasury Holders (Purchasers) Paid Back?'

Posted By: CHRIST
Date: Wednesday, 8-November-2017 17:57:52

In Response To: Fake Treasury Auctions Cover a Scam:.. The Banks and US Government Are Not Separate, But 'The US Corporation' (CHRIST)


Question & Answer

(To simplify this complex subject)

Assumption: The End Borrower fronts the Principal portion of a $100 Face Value (or larger amount) Treasury Security to the Primary Dealer ($60-$99) and at the end of the term (28 days to 30 years), receives the Principal back plus the Interest ($1-$40) at the Annual Rate(1.0%-2.75%) from the US Government to equal the amount of the Treasuries' Face Value. (Really in a 28 day loan he collects less than the 1%, which is an annual rate)

There are 3 Main Players in Auctions. (I am elimimating middle men Brokers or Direct Borrowers. Though I believe they are criminally involved, because they are large entities)

Government
Primary Dealers
End Borrowers

Simply stated, The Treasury Loan Function is composed of just two separate halfs or sub-processes. Think of the two portions as separate and not necessarily related.

Top Half: Government-Primary Dealer (US Receives loan, Repays the Primary Dealer)
Bottom Half: Primary Dealer-End Borrower (Primary Dealer Resells to End Borrower, who provides the Prime Dealer money for the Security. End Borrower is eventually paid back plus interest through the Primary Dealer)

Q. 'I thought the Treasury Holders (borrowers) were paid back.

A. Yes, by the Primary Dealers, not the Legal Borrower (US Government) who only pays Interest yearly (see below). We haven't seen the scam, because the bottom half seems to function properly to the End Borrowers, Busineses and the Individual Public. The Top Half is shielded from Public view. It is composed of only the Crooked Banks and the Crooked Government.

I see some possible scenarios that are corrupted.

1. Primary Dealers front their own money to the US Government after the Auction

Impossible. The Primary Dealers would eventually go broke, depleting their own funds (which aren't repaid by the US Government)

2. Primary Dealers pass on the Monies received from their End Borrowers to the US Government to pay for the treasuries.

Yes, but Primary Dealers are still 'on the hook' to pay the End Borrowers Principal back to the End Borrower, as the US only pays Interest.

3. Primary Dealers keep the End Borrowers Principal and refund those monies back to the End Borrower at the end of the lending period.

This is a scheme. The End Borrower doesn't know where his payment is coming from so they assume the Principal + Interest money comes from the US Government But the Primary Dealer must find some other way to purchase the securities from the US Government, other than the End Borrowers money.

Q. 'What is wrong if they 'print money' using this scheme?'

A Sweetheart Loan? Sounds good from the US Government's perspective, not so good from the populace who are falsely billed Debt, that is really a gift from the Banks.

Q. 'Is there Contract Fraud'

A. Yes. The Treasury Auction documents represent a contract. But
the terms are not fulfilled by the US Government

Sample contract.

https://www.treasurydirect.gov/instit/annceresult/press/preanre/2017/R_20171107_2.pdf

Search for the terms (Tendered, Accepted)

Elements of a Contract

1) Offer
2) Acceptance
3) Consideration
4) Mutuality

http://jec.unm.edu/education/online-training/contract-law-tutorial/contract-fundamentals-part-2

Final Comments

Tthe Entire US Debt should be wiped out from the US Accounts as fraudulent. Congress is 'Chicken Little', crying 'The Sky is Falling'. They are crying over Fraudulent huge debts not Legal huge debts. Congress is participating in an ongoing illegal charade.

Put this in your next Tax Bill, Congress.

If the US is in fact hiding counterfeiting, why not bring back the Printing Press as legal, and wipe out all taxes for individuals and corporations?

More Info:

Here is a list of the Primary Dealer (US Criminal Partners)

https://www.newyorkfed.org/markets/primarydealers

Here is the 2016 GAO (Governmnet Accounting Office) Audit, which shows weaknesses which could hide the entire scheme.

https://www.gao.gov/products/GAO-17-283R

CHRIST

-----
Past Posts

: 'The Biggest Secret'
: Hiding In Plain Sight

: I was stupefied to find that 6.9 Trillion transferred annually
: from Financial Institutions to the US Government to
: ostensibly
: purchase 'Treasury Borrowings', is never paid back. (see posts
: below)

: I believe this is a scheme.

: It means the US Government is the Senior Partner of our
: Capitalist System, receiving annual payments from the
: proceeds of Corporate/Residential Bank Loans, and
: Investment Banking Profits.

: What Could This Astounding Amount Fund?

: -Lobbyists

: -Both Political Parties

: -Friendly and Rogue Nations Budgets

: -Illegal Mexican Income Levels

: -All World Armies

: -Other Worlds

: CHRIST

: -----

: A Copy of my 10-5-17 CGI Post

: Treasury Auction
: Totals

: In One year, a total of 8.7 Trillion is auctioned off.
: the US receives that amount.

: Out of the totals, 6.9 Trillion is Bills, CMB, FRN that have a
: maturity of less than 1 year.

: Auctions for Notes and Bonds having a maturity of
: 2,3,5,7,10,30 year maturity totals 1.8 Trillion a year.

:
: https://www.treasurydirect.gov/instit/annceresult/press/preanre/preanre.htm

: A Question: Is there Double-Billing over time? (26 trillion
: every 3 years)

: -----

: So, When/How does the US pay 8.7 Trillion back to the Banks
: and individuals?

: I only found .2627 Trillion (267 Billiion) of Interest
: Payments in 2016. (See Document below)

: -----

: Financial Report of the United States Government 2016
: Page 57; Interest paid on Treasury Securities held by the
: public

: See First Result
:
: https://www.google.com/search?ei=mLv_Wb3-AtjcjwPghYGYCQ&q=united+states+financial+reports+2016&oq=united+states+financial+reports+2016&gs_l=psy-ab.3...27264.35440.0.35653.54.47.6.0.0.0.135.4052.36j10.46.0....0...1.1.64.psy-ab..2.49.4010...0j0i131k1j0i67k1j0i22i30k1j33i22i29i30k1j0i13k1j0i13i30k1j0i8i13i30k1j33i21k1.0.n2FWnOo1hb0


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