Source: National Health Care Fraud Takedown: Over 412 Individuals Charged In Fraud Losses Worth $1.3 Billion

National Health Care Fraud Takedown: Over 412 Individuals Charged In Fraud Losses Worth $1.3 Billion

15 JUL 2017 BY VOLUBRJOTR 

Attorney General Jeff Sessions and Department of Health and Human Services (HHS) Secretary Tom Price, M.D., announced today the largest ever health care fraud enforcement action by the Medicare Fraud Strike Force, involving 412 charged defendants across 41 federal districts, including 115 doctors, nurses and other licensed medical professionals, for their alleged participation in health care fraud schemes involving approximately $1.3 billion in false billings.

Of those charged, over 120 defendants, including doctors, were charged for their roles in prescribing and distributing opioids and other dangerous narcotics. 

Thirty state Medicaid Fraud Control Units also participated in today’s arrests. 

In addition, HHS has initiated suspension actions against 295 providers, including doctors, nurses and pharmacists.

Attorney General Sessions and Secretary Price were joined in the announcement by Acting Assistant Attorney General Kenneth A. Blanco of the Justice Department’s Criminal Division, Acting Director Andrew McCabe of the FBI, Acting Administrator Chuck Rosenberg of the Drug Enforcement Administration (DEA), Inspector General Daniel Levinson of the HHS Office of Inspector General (OIG), Chief Don Fort of IRS Criminal Investigation, Administrator Seema Verma of the Centers for Medicare and Medicaid Services (CMS), and Deputy Director Kelly P. Mayo of the Defense Criminal Investigative Service (DCIS).

Today’s enforcement actions were led and coordinated by the Criminal Division, Fraud Section’s Health Care Fraud Unit in conjunction with its Medicare Fraud Strike Force (MFSF) partners, a partnership between the Criminal Division, U.S. Attorney’s Offices, the FBI and HHS-OIG.  

In addition, the operation includes the participation of the DEA, DCIS, and State Medicaid Fraud Control Units.

The charges announced today aggressively target schemes billing Medicare, Medicaid, and TRICARE (a health insurance program for members and veterans of the armed forces and their families) for medically unnecessary prescription drugs and compounded medications that often were never even purchased and/or distributed to beneficiaries.

The charges also involve individuals contributing to the opioid epidemic, with a particular focus on medical professionals involved in the unlawful distribution of opioids and other prescription narcotics, a particular focus for the Department. 

According to the CDC, approximately 91 Americans die every day of an opioid related overdose.

“Too many trusted medical professionals like doctors, nurses, and pharmacists have chosen to violate their oaths and put greed ahead of their patients,” said Attorney General Sessions.

“Amazingly, some have made their practices into multimillion dollar criminal enterprises. 

They seem oblivious to the disastrous consequences of their greed. 

Their actions not only enrich themselves often at the expense of taxpayers but also feed addictions and cause addictions to start. 

The consequences are real: emergency rooms, jail cells, futures lost, and graveyards.  

While today is a historic day, the Department’s work is not finished. 

In fact, it is just beginning. 

We will continue to find, arrest, prosecute, convict, and incarcerate fraudsters and drug dealers wherever they are.”

“Healthcare fraud is not only a criminal act that costs billions of taxpayer dollars – it is an affront to all Americans who rely on our national healthcare programs for access to critical healthcare services and a violation of trust,” said Secretary Price. 

“The United States is home to the world’s best medical professionals, but their ability to provide affordable, high-quality care to their patients is jeopardized every time a criminal commits healthcare fraud.

That is why this Administration is committed to bringing these criminals to justice, as President Trump demonstrated in his 2017 budget request calling for a new $70 million investment in the Health Care Fraud and Abuse Control Program. 

The historic results of this year’s national takedown represent significant progress toward protecting the integrity and sustainability of Medicare and Medicaid, which we will continue to build upon in the years to come.”

According to court documents, the defendants allegedly participated in schemes to submit claims to Medicare, Medicaid and TRICARE for treatments that were medically unnecessary and often never provided. 

In many cases, patient recruiters, beneficiaries and other co-conspirators were allegedly paid cash kickbacks in return for supplying beneficiary information to providers, so that the providers could then submit fraudulent bills to Medicare for services that were medically unnecessary or never performed.

The number of medical professionals charged is particularly significant, because virtually every health care fraud scheme requires a corrupt medical professional to be involved in order for Medicare or Medicaid to pay the fraudulent claims.  

Aggressively pursuing corrupt medical professionals not only has a deterrent effect on other medical professionals, but also ensures that their licenses can no longer be used to bilk the system.

“This week, thanks to the work of dedicated investigators and analysts, we arrested once-trusted doctors, pharmacists and other medical professionals who were corrupted by greed,” said Acting Director McCabe.

“The FBI is committed to working with our partners on the front lines of the fight against heath care fraud to stop those who steal from the government and deceive the American public.”

“Health care fraud is a reprehensible crime.  It not only represents a theft from taxpayers who fund these vital programs, but impacts the millions of Americans who rely on Medicare and Medicaid,” said Inspector General Levinson. 

“In the worst fraud cases, greed overpowers care, putting patients’ health at risk. OIG will continue to play a vital leadership role in the Medicare Fraud Strike Force to track down those who abuse important federal health care programs.”

“Our enforcement actions underscore the commitment of the Defense Criminal Investigative Service and our partners to vigorously investigate fraud perpetrated against the DoD’s TRICARE Program. 

We will continue to relentlessly investigate health care fraud, ensure the taxpayers’ health care dollars are properly spent, and endeavor to guarantee our service members, military retirees, and their dependents receive the high standard of care they deserve,” advised Deputy Director Mayo.

“Last year, an estimated 59,000 Americans died from a drug overdose, many linked to the misuse of prescription drugs. This is, quite simply, an epidemic,” said Acting Administrator Rosenberg. 

“There is a great responsibility that goes along with handling controlled prescription drugs, and DEA and its partners remain absolutely committed to fighting the opioid epidemic using all the tools at our disposal.”

“Every defendant in today’s announcement shares one common trait – greed,” said Chief Fort. 

“The desire for money and material items drove these individuals to perpetrate crimes against our healthcare system and prey upon many of the vulnerable in our society.  

Thanks to the financial expertise and diligence of IRS-CI special agents, who worked side-by-side with other federal, state and local law enforcement officers to uncover these schemes, these criminals are off the street and will now face the consequences of their actions.”

The Medicare Fraud Strike Force operations are part of a joint initiative between the Department of Justice and HHS to focus their efforts to prevent and deter fraud and enforce current anti-fraud laws around the country. 

The Medicare Fraud Strike Force operates in nine locations nationwide. 

Since its inception in March 2007, the Medicare Fraud Strike Force has charged over 3500 defendants who collectively have falsely billed the Medicare program for over $12.5 billion.

For the Strike Force locations, in the Southern District of Florida, a total of 77 defendants were charged with offenses relating to their participation in various fraud schemes involving over $141 million in false billings for services including home health care, mental health services and pharmacy fraud.

In one case, the owner and operator of a purported addiction treatment center and home for recovering addicts and one other individual were charged in a scheme involving the submission of over $58 million in fraudulent medical insurance claims for purported drug treatment services.

The allegations include actively recruiting addicted patients to move to South Florida so that the co-conspirators could bill insurance companies for fraudulent treatment and testing, in return for which, the co-conspirators offered kickbacks to patients in the form of gift cards, free airline travel, trips to casinos and strip clubs, and drugs.

In the Eastern District of Michigan, 32 defendants face charges for their alleged roles in fraud, kickback, money laundering and drug diversion schemes involving approximately $218 million in false claims for services that were medically unnecessary or never rendered. 

In one case, nine defendants, including six physicians, were charged with prescribing medically unnecessary controlled substances, some of which were sold on the street, and billing Medicare for $164 million in facet joint injections, drug testing, and other procedures that were medically unnecessary and/or not provided.

In the Southern District of Texas, 26 individuals were charged in cases involving over $66 million in alleged fraud. Among these defendants are a physician and a clinic owner who were indicted on one count of conspiracy to distribute and dispense controlled substances and three substantive counts of distribution of controlled substances in connection with a purported pain management clinic that is alleged to have been the highest prescribing hydrocodone clinic in Houston, where approximately 60-70 people were seen daily, and were issued medically unnecessary prescriptions for hydrocodone in exchange for approximately $300 cash per visit.

In the Central District of California, 17 defendants were charged for their roles in schemes to defraud Medicare out of approximately $147 million. 

Two of these defendants were indicted for their alleged involvement in a $41.5 million scheme to defraud Medicare and a private insurer. 

This was purportedly done by submitting fraudulent claims, and receiving payments for, prescription drugs that were not filled by the pharmacy nor given to patients.

In the Northern District of Illinois, 15 individuals were charged in cases related to six different schemes concerning home health care services and physical therapy fraud, kickbacks, and mail and wire fraud.  

These schemes involved allegedly over $12.7 million in fraudulent billing. 

One case allegedly involved $7 million in fraudulent billing to Medicare for home health services that were not necessary nor rendered.

In the Middle District of Florida, 10 individuals were charged with participating in a variety of schemes involving almost $14 million in fraudulent billing.  

In one case, three defendants were charged in a $4 million scheme to defraud the TRICARE program.  

In that case, it is alleged that a defendant falsely represented himself to be a retired Lieutenant Commander of the United States Navy Submarine Service. 

It is alleged that he did so in order to gain the trust and personal identifying information from TRICARE beneficiaries, many of whom were members and veterans of the armed forces, for use in the scheme.

In the Eastern District of New York, ten individuals were charged with participating in a variety of schemes including kickbacks, services not rendered, and money laundering involving over $151 million in fraudulent billings to Medicare and Medicaid. 

Approximately $100 million of those fraudulent billings were allegedly part of a scheme in which five health care professionals paid illegal kickbacks in exchange for patient referrals to their own clinics.

In the Southern Louisiana Strike Force, operating in the Middle and Eastern Districts of Louisiana as well as the Southern District of Mississippi, seven defendants were charged in connection with health care fraud, wire fraud, and kickback schemes involving more than $207 million in fraudulent billing. 

One case involved a pharmacist who was charged with submitting and causing the submission of $192 million in false and fraudulent claims to TRICARE and other health care benefit programs for dispensing compounded medications that were not medically necessary and often based on prescriptions induced by illegal kickback payments.

*********

In addition to the Strike Force locations, today’s enforcement actions include cases and investigations brought by an additional 31 U.S. Attorney’s Offices, including the execution of search warrants in investigations conducted by the Eastern District of California and the Northern District of Ohio.

In the Northern and Southern Districts of Alabama, three defendants were charged for their roles in two health care fraud schemes involving pharmacy fraud and drug diversion.

In the Eastern District of Arkansas, 24 defendants were charged for their roles in three drug diversion schemes that were all investigated by the DEA.

In the Northern and Southern Districts of California, four defendants, including a physician, were charged for their roles in a drug diversion scheme and a health care fraud scheme involving kickbacks.

In the District of Connecticut, three defendants were charged in two health care fraud schemes, including a scheme involving two physicians who fraudulently billed Medicaid for services that were not rendered and for the provision of oxycodone with knowledge that the prescriptions were not medically necessary.

In the Northern and Southern Districts of Georgia, three defendants were charged in two health care fraud schemes involving nearly $1.5 million in fraudulent billing.

In the Southern District of Illinois, five defendants were charged in five separate schemes to defraud the Medicaid program.

In the Northern and Southern Districts of Indiana, at least five defendants were charged in various health care fraud schemes related to the unlawful distribution and dispensing of controlled substances, kickbacks, and services not rendered.

In the Southern District of Iowa, five defendants were charged in two schemes involving the distribution of opioids.

In the Western District of Kentucky, 11 defendants were charged with defrauding the Medicaid program.  In one case, four defendants, including three medical professionals, were charged with distributing controlled substances and fraudulently billing the Medicaid program.

In the District of Maine, an office manager was charged with embezzling funds from a medical office.

In the Eastern and Western Districts of Missouri, 16 defendants were charged in schemes involving over $16 million in claims, including 10 defendants charged as part of a scheme involving fraudulent lab testing.

In the District of Nebraska, a dentist was charged with defrauding the Medicaid program.

In the District of Nevada, two defendants, including a physician, were charged in a scheme involving false hospice claims.

In the Northern, Southern, and Western Districts of New York, five defendants, including two physicians and two pharmacists, were charged in schemes involving drug diversion and pharmacy fraud.

In the Southern District of Ohio, five defendants, including four physicians, were charged in connection with schemes involving $12 million in claims to the Medicaid program.

In the District of Puerto Rico, 13 defendants, including three physicians and two pharmacists, were charged in four schemes involving drug diversion, Medicaid fraud, and the theft of funds from a health care program.

In the Eastern District of Tennessee, three defendants were charged in a scheme involving fraudulent billings and the distribution of opioids.

In the Eastern, Northern, and Western Districts of Texas, nine defendants were charged in schemes involving over $42 million in fraudulent billing, including a scheme involving false claims for compounded medications.

In the District of Utah, a nurse practitioner was charged in connection with fraudulently obtaining a controlled substance, tampering with a consumer product, and infecting over seven individuals with Hepatitis C.

In the Eastern District of Virginia, a defendant was charged in connection with a scheme involving identify theft and fraudulent billings to the Medicaid program.

In addition, in the states of Arizona, Arkansas, California, Delaware, Illinois, Iowa, Louisiana, Massachusetts, Michigan, Minnesota, Mississippi, New York, Oklahoma, Pennsylvania, Rhode Island, South Dakota, Texas, Utah, Vermont, Washington and Wisconsin, 96 defendants have been charged in criminal and civil actions with defrauding the Medicaid program out of over $31 million. 

These cases were investigated by each state’s respective Medicaid Fraud Control Units. In addition, the Medicaid Fraud Control Units of the states of Alabama, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Missouri, Nebraska, New York, North Carolina, Ohio, Texas, and Utah participated in the investigation of many of the federal cases discussed above.

The cases announced today are being prosecuted and investigated by U.S. Attorney’s Offices nationwide, along with Medicare Fraud Strike Force teams from the Criminal Division’s Fraud Section and from the U.S. Attorney’s Offices of the Southern District of Florida, Eastern District of Michigan, Eastern District of New York, Southern District of Texas, Central District of California, Eastern District of Louisiana, Northern District of Texas, Northern District of Illinois and the Middle District of Florida; and agents from the FBI, HHS-OIG, Drug Enforcement Administration, DCIS and state Medicaid Fraud Control Units.

A complaint, information, or indictment is merely an allegation, and all defendants are presumed innocent unless and until proven guilty.

Additional documents related to this announcement will shortly be available here: https://www.justice.gov/opa/documents-and-resources-july-13-2017.

This operation also highlights the great work being done by the Department of Justice’s Civil Division.  

In the past fiscal year, the Department of Justice, including the Civil Division, has collectively won or negotiated over $2.5 billion in judgements and settlements related to matters alleging health care fraud.

https://politicalvelcraft.org/2017/07/15/national-health-care-fraud-takedown-over-412-individuals-charged-in-fraud-losses-worth-1-3-billion/

Google ‘News’ is hideous

Posted: July 10, 2017 in Uncategorized

Desultory Heroics

By Wayne Madsen

Source: Intrepid Report

Even before its recent “redesign,” which was claimed to provide an “uncluttered” look, Google News was one of the worst news aggregator sites on the Internet. Many longtime Google News users have complained about the site’s quality and dubious “news” content. Google has offered no reasonable explanations for its poor business decisions that have resulted in Google News being a repository for misleading news links. Keeping in mind that Google received its initial seed investment from the CIA’s IN-Q-IT, now known as IN-Q-TEL, the agency’s venture capital firm in the Silicon Valley, the CIA may be playing some sort of massive social network experiment on Google News users.

The fact that Google News programmers cannot seem to distinguish between “World News” and “U.S. News” is laughable for a multi-billion dollar company that has supposedly recruited the best and brightest technologists into its ranks. The…

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Desultory Heroics

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By Harvey Lothian

Source: Dissident Voice

The world is in bad shape. Every reasonably intelligent, aware, objective person in the world knows, if only intuitively, that something is very, very wrong. There should not be this many armed conflicts, this much anger, this much violence, this much unemployment and underemployment, this much debt, this much homelessness, hunger, poverty, this ever widening gap between the income and wealth of the super rich and everyone else, and this much distrust in government and politicians. The future does not look good; a financial crisis and a socioeconomic collapse are just around the corner. Another World War or innumerable smaller wars seem almost certain.

Things are dark everywhere in the world, except in the offices and homes of the wealthy and highly connected people of the world. They control the world. There are no genuine democracies in the world, only oligarchies and dictatorships. The wealthy…

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BY VOLUBRJOTR  JUL 5, 2017

Iceland Showed The World The Power Of The U.S. 1776 Revolution.

Iceland’s Reclaimed Their Federal Government ~ Jailed The International Bankers And Forgave

EVERY ICELANDER’S Debt That Was Concocted By The NWO.

Three years after Iceland’s banks collapsed and the country teetered on the brink, its economy is recovering, proof that governments should let failing lenders go bust and protect taxpayers, analysts say.

“The lesson that could be learned from Iceland’s way of handling its crisis is that it is important to shield taxpayers and government finances from bearing the cost of a financial crisis to the extent possible,” Islandsbanki analyst Jon Bjarki Bentsson told AFP. [http://www.glitnir.is/]

1. Every Icelander To Get Paid In Bank Sale: 26 Bankers Behind Bars! [https://politicalvelcraft.org/2015/10/29/every-icelander-to-get-paid-in-bank-sale-26-bankers-behind-bars/]

2. Iceland Sends Another Rothschild Banker To Prison For Market Manipulation. [https://politicalvelcraft.org/2014/11/20/breaking-iceland-sends-another-rothschild-banker-to-prison-for-market-manipulation/]

“Even if our way of dealing with the crisis was not by choice but due to the inability of the government to support the banks back in 2008 due to their size relative to the economy, this has turned out relatively well for us,” Bentsson said.

Iceland’s implosion was organized and orchestrated along with The United State’s and other nation state collapses.

Bankers felt the top had been achieved and that it was time to implode the system, while betting against the success of the nation state financial systems.

This on a smaller scale is known as orchestrated “inside trading” which allowed convicted felon George Soros to loot $Billions of dollars. [http://www.forbes.com/profile/george-soros]

One month earlier than October 2008 this happened: https://politicalvelcraft.org/2010/09/19/can-obama-save-the-democratic-party/

Iceland’s special prosecutor issued an international arrest warrant for Mr Einarsson yesterday, with a description of him as 1.8m tall, 114kg in weight, bald and with blue eyes.

According to Icelandic media reports, he has told the prosecutor’s team that he is willing to return to his home country to help with their enquiries on the condition that he is not arrested on arrival.

His former co-chief executive, Hreidar Mar Sigurdsson, was arrested last week on suspicion of falsifying documents and market manipulation. He is still in police custody. [http://en.wikipedia.org/wiki/Hrei%C3%B0ar_M%C3%A1r_Sigur%C3%B0sson]

Kaupthing’s collapse in October 2008 cost the British Treasury £2.5bn and hundreds of UK savers with its Isle of Man branch are still waiting to be fully compensated. 

Both he and Mr Einarsson have previously denied any wrongdoing over Kaupthing’s collapse.

The bank’s actions are under investigation by the UK Serious Fraud Office and a special inquiry team in Iceland over claims of share ramping and big loans to related parties.

Iceland Follows President Jefferson’s Warning About Debt Load. [https://politicalvelcraft.org/2014/11/06/iceland-follows-president-jeffersons-warning-about-debt-load/]

Iceland’s special prosecutor is looking into more than 20 cases of potential criminal activity connected to Kaupthing and the country’s other failed banks.

A special report by Iceland’s parliament showed Kaupthing secretly owned almost half of its own shares.

Two-thirds of Kaupthing’s clients were based in London, including high-profile investors such as Robert Tchenguiz, Simon Halabi and the Candy Brothers, who all lost substantial sums in the crash.

After Kaupthing’s loan book was leaked on to the internet last August, it showed key shareholders and owners were the bank’s main borrowers. 

Mr Tchenguiz, who was a director of Kaupthing’s largest shareholder, had the biggest debt of €1.74bn.

Following the disclosure, Mr Sigurdsson defended the bank’s practices but made a public apology. “Mistakes were made,” he said. 

“I’m obliged to offer my apologies to the bank’s shareholders, lenders and employees. I should have prepared the bank better for the storm that hit it.”

The Telegraph: http://www.telegraph.co.uk/finance/financialcrisis/7714122/Interpol-hunt-former-Icelandic-bank-chief-Sigurdur-Einarsson.html

BRINGING ROTHSCHILD TO JUSTICE

Emmanuel Macron with his boss, David de Rothschild of the Banque der Rothschild – who is sought by the police for embezzlement.

1. Rothschild & Their Macron Flunky In France: https://politicalvelcraft.org/2017/04/24/rothschild-their-macron-flunky-in-france/

2. The Foreign Federal Reserve Has Only Two Paths Forward: https://politicalvelcraft.org/2017/06/08/the-foreign-federal-reserve-has-only-two-paths-forward/

3. Zionist Federal Reserve Paralyzed & Irrelevant: NWO’s Desperate Panic: https://politicalvelcraft.org/2016/06/16/zionist-federal-reserve-paralyzed-irrelevant-nwos-desperate-panic/

4. The Zionist Elite Have Lost The Consent Of The Governed: Meet The Lecters! [https://politicalvelcraft.org/2016/10/20/the-zionist-elite-have-lost-the-consent-of-the-governed-meet-the-lecters/]

5. France: Entire Branch Of Rothschild’s Banking Empire Under Criminal Investigation Following David De Rothschild Indictment. [https://politicalvelcraft.org/2016/03/08/france-entire-branch-of-rothschilds-banking-empire-under-criminal-investigation-following-david-de-rothschild-indictment/]

6. Heads Up: Rothschild Bankers Who Screwed Everyone In Ireland Are Finally On Trial: Ireland Joins Iceland, Egypt, Russia, Hungary, China, & Iran [https://politicalvelcraft.org/2014/02/13/heads-up-rothschild-bankers-who-screwed-everyone-in-ireland-are-finally-on-trial-ireland-joins-iceland-egypt-russia-hungary-china-iran/]

Since the 1900′s the vast majority of the American population has dreamed about saying “NO” to the Unconstitutional, corrupt, Rothschild / Rockefeller banking criminals, but no one has dared to do so. 

Why? 

If just half of our Nation, and the “1%”, who pay the majority of the taxes, just said NO MORE! 

Our Gov’t would literally change over night.

Why is it so hard, for some people to understand, that by simply NOT giving your money, to large Corporations, who then send jobs, Intellectual­­ Property, etc. offshore and promote anti-Constitutional rights… You will accomplish more, than if you used violence.

In other words…

“RESEARCH WHERE YOU ARE SENDING EVERY SINGLE PENNY!!! Is that so hard?”

1. What Iceland Teaches Us: “Let Banks Fail” [https://politicalvelcraft.org/2012/12/02/what-iceland-teaches-us-let-banks-fail/]

2. Kiss Your Savings Including IRAs Good-Bye: ‘Bail Ins R Here’ [https://politicalvelcraft.org/2013/12/19/kiss-you-savings-including-iras-good-bye-bail-ins-r-here-on-july-2-2013-dodd-frank-basel-iii-implemented/]

3. Imminent Bust Of The Bernanke Bubble: Extreme Emergency Designed By Deception. [https://politicalvelcraft.org/2015/12/09/imminent-bust-of-the-bernanke-bubble-extreme-emergency-designed-by-deception/]

The truth of the matter is…No one, except the Icelanders, have to been the only culture on the planet to carry out this successfully. 

Not only have they been successful, at overthrowing the corrupt Gov’t, they’ve drafted a Constitution, that will stop this from happening ever again.

That’s not the best part… The best part, is that they have arrested ALL Rothschild/Rockefeller banking puppets, responsible for Iceland’s economic Chaos and meltdown.

Last week 9 people were arrested in London and Reykjavik for their possible responsibility for Iceland’s financial collapse in 2008, a deep crisis which developed into an unprecedented public reaction that is changing the country’s direction.

FORGIVE THE DEBT

It has been a revolution without weapons in Iceland, the country that hosts the world’s oldest democracy (since 930), and whose citizens have managed to effect change by going on demonstrations and banging pots and pans. 

Why have the rest of the Western countries not even heard about it?

Pressure from Icelandic citizens’ has managed not only to bring down a government, but also begin the drafting of a new constitution (in process) and is seeking to put in jail those bankers responsible for the financial crisis in the country.

As the saying goes, if you ask for things politely it is much easier to get them. 

This quiet revolutionary process has its origins in 2008 when the Icelandic government decided to nationalize the three largest banks, Landsbanki, Kaupthing and Glitnir, whose clients were mainly British, and North and South American.

After the State took over, the official currency (krona) plummeted and the stock market suspended its activity after a 76% collapse. 

Iceland was becoming bankrupt and to save the situation, the International Monetary Fund (IMF) injected U.S. $ 2,100 million and the Nordic countries helped with another 2,500 million.

1. America’s $123 Trillion In Unfunded Liabilities: Forgive The Debt Now! [https://politicalvelcraft.org/2013/02/22/americas-123-trillion-in-unfunded-liabilities-forgive-the-debt-now/]

2. Iceland Jails Bankers, Erases Citizens’ Debt, Recovers Strongly: No More Banks! [https://politicalvelcraft.org/2012/07/20/iceland-jails-bankers-erases-citizens-debt-recovers-strongly-no-more-banks/]

Iceland Islandsibanki ~ Bank Was Sold and proceeds given to Islanders. [https://politicalvelcraft.org/2015/10/29/every-icelander-to-get-paid-in-bank-sale-26-bankers-behind-bars/]

Great Victories By The Sovereign People!In April a coalition government was elected, formed by the Social Democratic Alliance and the Left Green Movement, headed by a new Prime Minister, Jóhanna Sigurðardóttir.

Throughout 2009 the Icelandic economy continued to be in a precarious situation (at the end of the year the GDP had dropped by 7%) but, despite this, the Parliament proposed to repay the debt to Britain and the Netherlands with a payment of 3,500 million Euros, a sum to be paid every month by Icelandic families for 15 years at 5.5% interest.

The move sparked anger again in the Icelanders, who returned to the streets demanding that, at least, that decision was put to a referendum. 

Another big small victory for the street protests: in March 2010 that vote was held and an overwhelming 93% of the population refused to repay the debt, at least with those conditions.

This forced the creditors to rethink the deal and improve it, offering 3% interest and payment over 37 years. 

Not even that was enough. 

The current president, on seeing that Parliament approved the agreement by a narrow margin, decided last month not to approve it and to call on the Icelandic people to vote in a referendum so that they would have the last word.

Remember on September 12, 2009 +2,000,000 Americans Marched Upon Washington & MSNBC said it was only 50,000 at most? 

Why Was That?

Independence Day 1776: Happy Fourth Of July [https://politicalvelcraft.org/2017/07/04/independence-day-1776-happy-fourth-of-july/]

The bankers are fleeing in fear Returning to the tense situation in 2010, while the Icelanders were refusing to pay a debt incurred by financial sharks without consultation, the coalition government had launched an investigation to determine legal responsibilities for the fatal economic crisis and had already arrested several bankers and top executives closely linked to high risk operations.

Interpol, meanwhile, had issued an international arrest warrant against Sigurdur Einarsson, former president of one of the banks. 

This situation led scared bankers and executives to leave the country en masse.

In this context of crisis, an assembly was elected to draft a new constitution that would reflect the lessons learned and replace the current one, inspired by the Danish constitution. 

To do this, instead of calling experts and politicians, Iceland decided to appeal directly to the people, after all they have sovereign power over the law.

Memories Of History: When The People Get Fed Up!

More than 500 Icelanders presented themselves as candidates to ­participate in this exercise in direct democracy and write a new constitution. 

25 of them, without party affiliations, including lawyers, students, journalists, farmers and trade union representatives were elected.

Among other developments, this constitution will call for the protection, like no other, of freedom of information and expression in the so-called Icelandic Modern Media Initiative, in a bill that aims to make the country a safe haven for investigative journalism and freedom of information, where sources, journalists and Internet providers that host news reporting are protected.

The people, for once, will decide the future of the country while bankers and politicians witness the transformation of a nation from the sidelines.

El Reportero [http://www.elreporterosf.com/editions/?q=node/6597]

Nazi Muffin Rothschild ~ In The Middle Of 2017’s Banker’s Battle For The Bulge!

While banks and local and foreign authorities were desperately seeking economic solutions, the Icelandic people took to the streets and their persistent daily demonstrations outside parliament in Reykjavik prompted the resignation of the conservative Prime Minister Geir H. Haarde and his entire government. Citizens demanded, in addition, to convene early elections, and they succeeded.

https://politicalvelcraft.org/2017/07/05/nullify-the-debt-before-the-debt-nullifies-us-bring-the-zionist-bankers-to-justice/

Source: U.S. System Porked By Corrupt Fractional Reserve Banking

U.S. System Porked By Corrupt Fractional Reserve Banking

28 JUN 2017 BY VOLUBRJOTR 

Bitcoin & Iraq’s Central Bank [JP Morgan] Is Also Corrupted By Fractional Digital Reserve Scheme. [https://politicalvelcraft.org/2016/05/18/iraq-being-suicided-by-rothschilds-imf-j-p-morgan/]

The Trump Administration has presented the first part of its plan to overhaul a number of Wall Street financial regulations, many of which were enacted in the wake of the 2008 financial crisis.  

The report is in response to Executive Order 13772 in which the US Treasury Department is to provide findings

“examining the United States’ financial regulatory system and detailing executive actions and regulatory changes that can be immediately undertaken to provide much-needed relief.”

President Trump Ending Unconstitutional Dodd Frank! Goes after Rothschild Federal Reserve [https://politicalvelcraft.org/2017/02/03/president-trump-ending-unconstitutional-dodd-frank-goes-after-rothschild-federal-reserve/]

In release of the first phase of the report, Treasury Secretary Steven T. Mnuchin stated:

“Properly structuring regulation of the U.S. financial system is critical to achieve the administration’s goal of sustained economic growth and to create opportunities for all Americans to benefit from a stronger economy.  

We are focused on encouraging a market environment where consumers have more choices, access to capital and safe loan products – while ensuring taxpayer-funded bailouts are truly a thing of the past.”

Some of its highlights include:

1. Community financial institutions – banks and credit unions – are critically important to serve many Americans.
2. Capital, liquidity and leverage rules can be simplified to increase the flow of credit.
3. We must ensure our banks are globally competitive.
4. Improving market liquidity is critical for the U.S. economy.
5. The Consumer Financial Protection Bureau must be reformed.
6. Regulations need to be better tailored, more efficient and effective.
7. Congress should review the organization and mandates of the independent banking regulators to improve accountability.

Clinton’s 1999 Green Light For Banks To Make High Risk Investments Against The Middle Class!

Bill Clinton’s Financial House Of Horrors: Clinton’s Repeal Of FDR’s Glass Steagall Act [https://politicalvelcraft.org/2016/09/07/bill-clintons-financial-house-of-horrors-clintons-repeal-of-fdrs-glass-steagall-act/

Hidden Government Forcing Taxpayers To Finance Their Own Destruction [https://politicalvelcraft.org/2017/06/27/hidden-government-forcing-taxpayers-to-finance-their-own-destruction/

Not surprisingly, most of the banking industry expressed support for the report, critics (mostly Democrats) pointed out that it would lead to the type of practices that produced the 2008 panic in the first place.  

Both opponents and those in favor as well as the clueless financial press fail to grasp the underlying cause of not only the recent crisis, but the majority of those which have occurred for the past century.

Quite simply: the fundamental cause of the 2008 financial crisis was [Architect JP Morgan] fractional-reserve banking (FRB).  

FRB is the practice whereby banks keep a “fraction” of the funds deposited by customers in their vaults lending out the rest at interest and “profit.”  

Banks are thus inherently unstable since if all depositors came at once and demanded their money (a “bank run”), banks could not redeem their deposits.  

Moreover, FRB encourages banks to engage in exceedingly speculative and risky behavior which creates unsustainable bubbles throughout the economy.

The nation’s central bank, the Federal Reserve, was created by the banksters and politicos to enshrine this immoral and economically ruinous practice into the heart of the American financial landscape.  

Any “reform” of Wall Street’s financial practices that does not address FRB by doing away with it and the institution (the Fed) which enables it to exist, is doomed.

The banks, in collusion with the Fed, are able to expand the money supply through this process while enriching the banksters’ balance sheet.  

On the macro level, the creation of money through FRB is the genesis of the destructive boom-bust cycle.

Crypto Banking Schemes [https://politicalvelcraft.org/2017/05/01/crypto-banking-schemes/]
Banker’s Fractional Reserve Bubbles: The ‘Pump/Dump’ Loan Scheme [https://politicalvelcraft.org/2014/01/19/bankers-fractional-reserve-bubbles-the-pumpdump-loan-scheme/]

This is why banks and the entire financial system are so prone to reoccurring crisis and no regulation, reform, or Treasury Department “findings,” can make such a system “stable.”

The only true reform is to abolish FRB and establish a monetary order that requires all financial institutions to keep 100% reserves of depositors’ assets.

The Treasury Department’s recommendations are mere window dressing by the very banksters whose opulent livelihoods are predicated on FRB.

Orgy Of Rothschild Bankers: No Such Thing As Conspiracies [https://politicalvelcraft.org/2017/03/25/orgy-of-rothschild-bankers-no-such-thing-as-conspiracies/]

The elimination of FRB would go beyond a beneficial financial revolution, but would affect the foreign policy of the USA.  

Without the ability to create money via FRB, the murderous American Empire could simply not exist, nor would the nation’s draconian domestic security state.

NWO Parasite Regime vs Silver The Achilles Heel [https://politicalvelcraft.org/2016/01/17/nwo-parasite-regime-vs-silver-the-achilles-heel/]

With his selection of crony capitalists [aka Keynesian] and members of Goldman Sachs to his economic team, it is apparent that President Trump does not understand the true nature of the nation’s financial woes or what precipitated the last financial crisis and what will assuredly lead to a far bigger mess down the road.

If he did, his next Executive Order would be to implement steps and procedures to eliminate the scourge of fractional reserve banking forever.

Russia removed the last Rothschild Soviet on Christmas Day 1991. 

His name was Gorbachev. [https://politicalvelcraft.org/2011/07/30/treason-for-pelosi-obamas-communist-czar-aiding-and-abetting-mikhail-gorbachev-our-aim-is-to-disarm-the-americans-and-let-them-fall-asleep/]

[We will also assume that it is apparent President Trump is fully aware of the cronies on his economic team and that he fully understands that to stretch a rubber band too fast it may break immediately w/o even being able to attempt to slowly repair the damages of the hidden Keynesian government.]

More: https://politicalvelcraft.org/2017/06/28/u-s-system-porked-by-corrupt-fractional-reserve-banking/

Jon Rappoport's Blog

Deep medical fraud: logical insight cancels brain fog

by Jon Rappoport

June 28, 2017

In the course of an investigation, a clue can turn up that changes everything. It exposes massive falsehoods and fraud.

But the meaning of the clue doesn’t always tap the investigator on the shoulder and reveal its full implications. The force of the rational insight is on a delay mechanism, as it were.

When I was writing my first book, AIDS INC., in the late 1980s, I was surrounded by much confusion. A bewildering number of facts and opinions and lies were being fed to me by various sources. I was taping notes to my walls and trying to sort out the mess of spaghetti.

One day, while I was researching the AIDS antibody test, I spoke to an official at the FDA. He mentioned that, if a vaccine were developed for HIV, anyone who received…

View original post 797 more words

Source: U.S. Violation Of International Law Against Syria Has Elicited Military Responses From Russia & Iran

U.S. Violation Of International Law Against Syria Has Elicited Military Responses From Russia & Iran

BY VOLUBRJOTR – Jun 24, 2017

Russian Warships Fires Caliber Missiles Upon Mossad CIA ISIS Covert Depots In Syria

The dueling continues over Syria, where the US position of not just responding to actual attacks on US and its proxy forces, but to “threats” alone, has finally elicited a military response from Russia.

The US position is of course an outrageous one, but not only for being inside another country in violation of a number of international laws.

By embedding Special Ops forces among its militant groups, it claims the right to provide them air cover, even to the point of declaring “no go zones” of tens of kilometers from its illegal bases.

This is effectively a Balkanization of a UN member state’s country and its duly elected government: Definition: to divide (a country, territory, etc.) into small,quarrelsome,ineffectual states. Dictionary.Com

Turkey Bombed U.S. Backed Forces In Syria: https://politicalvelcraft.org/2017/04/26/turkey-bombed-u-s-backed-forces-in-syria/

Russian vessels deployed to the Mediterranean have fired cruise missiles at ISIS targets inside Syria, the Russian Defense Ministry says. 

The missiles were fired from two Russian warships and a submarine at targets inside the western Syrian province of Hama on Friday, it said.

“As a result of the surprise mass missile strike, command points were destroyed and also large stores of weapons and ammunition of the [U.S. Israeli] ISIS terrorists in the area of Aqirbat in the Hama Province,” the ministry said.

1. Luciferian Netanyahu Threatens Iran For Missile Strikes Against ISIS: State Of Israel & ISIS Are Two Sides Of The Same Coin: https://politicalvelcraft.org/2017/06/22/luciferian-netanyahu-threatens-iran-for-missile-strikes-against-isis-state-of-israeli-isis-are-two-sides-of-the-same-coin/

2. China Boosting Oil Imports From Iran: Philippines Also Joins List of Iran’s Oil Clients: https://politicalvelcraft.org/2017/01/06/china-boosting-oil-imports-from-iran-philippines-also-joins-list-of-irans-oil-clients/

It added that Russian planes then carried out aerial strikes that “destroyed the remainder of the ISIS fighters and their facilities.” 

Russia has also been conducting an aerial bombardment campaign against terrorist positions in Syria on a request by Damascus.

Russia has been conducting cruise missile strikes and aerial attacks against terrorist positions in Syria on a request from the Syrian government.

Russia ‘nearly 100 percent certain Baghdadi has been killed’

Russian Airstrikes Wipe Out Israeli U.S ISIS Army In Raqqa, Syria: U.S. ISIS Leader Killed: https://politicalvelcraft.org/2017/06/16/russian-airstrikes-wipe-out-israeli-u-s-isis-army-in-raqqa-syria-u-s-isis-leader-killed/

Meanwhile on Friday, Viktor Ozerov, the head of the defense committee in the upper house of the Russian parliament, said Russia was almost 100 percent sure that the leader of Daesh, Ibrahim al-Samarrai aka Abu Bakr al-Baghdadi, had been killed in an airstrike carried out by the Russian Air Force in Syria last month.

“I think this information is close to 100 percent [in certainty],” Interfax quoted Ozerov as saying. 

“The fact that Islamic State [Daesh] has still not shown him anywhere also adds to our confidence that al-Baghdadi has been killed.”

On Thursday, the Russian Foreign Ministry had said it was “highly likely” that Baghdadi, had been killed. 

Deputy Foreign Minister Oleg Syromolotov told Sputnik news agency that the information about Baghdadi’s likely death was now being verified through “various channels.”

The Friday statement by the Russian Defense Ministry said that Turkish and Israeli militaries “were informed in a timely manner of the missile launches through communication channels” but made no mention of the United States.

Russia has suspended communications with the US, which used to be carried out via a hotline set up to prevent accidental military confrontations over Syrian airspace. 

The US is present in Syria as part of a coalition that purports to be fighting Daesh but that has not received permission from Damascus.

U.S. Protects ISIS In Syria: Guns Down Syrian Warplane Engaged In Destroying U.S. Israeli’s ISIS Encampment: https://politicalvelcraft.org/2017/06/19/u-s-protects-isis-in-syria-guns-down-syrian-warplane-engaged-in-destroying-u-s-israelis-isis-encampment/

The suspension of the military contact came after a US warplane hit a Syrian Su-22 aircraft with a missile last Sunday. 

The US claimed that it had targeted the plane “in collective self-defense of coalition-partnered forces” in the city of Taqba in northern Syria.

By embedding [PAWNING] Special Ops forces among its militant groups, it claims the right to provide them air cover, even to the point of declaring “no go zones” of tens of kilometers from its illegal bases.

Kerry Breached Syrian Ceasefire Armistice ‘Within A Week’ ~ Russians Retaliate Killing 30 Israeli U.S. Officers Hidden In Aleppo ISIS Operations Centre: https://politicalvelcraft.org/2016/09/27/kerry-breaches-syrian-ceasefire-armistice-within-a-week-russians-retaliate-killing-30-israeli-u-s-officers-hidden-in-aleppo-operations-centre/

Moscow says Washington had failed to inform it about the hit. A day later, the Russian Ministry threatened to treat aircraft with the coalition “as air targets” if they flew in areas west of the Euphrates River.

The Pentagon responded by saying it would “defend” itself and “our partners if threatened.”

Article: https://politicalvelcraft.org/2017/06/24/u-s-violation-of-international-law-against-syria-has-elicited-military-responses-from-russia-iran/