Barnhardt: 11 Points On MF Global And Jon Corzine


From Ann Barnhardt:

11 POINTS ON CORZINE & MF GLOBAL
POSTED BY ANN BARNHARDT – MARCH 26, AD 2012 8:03 PM MST

Yes, yes, I’ve seen everything published over the last few days regarding Corzine and MF Global and the fact that Edith O’Brien wrote emails directly stating that customer segregated funds were wired to London to meet a JP Morgan margin call at Corzine’s direct instruction. There’s nothing new here. We also knew right off the bat that JP Morgan knew exactly what the situation was, because they drafted a letter for ol’ Edith to sign affirming that the wire she sent was NOT customer money. Uh, hello? Can you say DEAD GIVEAWAY? I laid most of this out last year. But since I don’t have archives, we’ll recap.

1. Jon Corzine is a psychopath who knew EXACTLY what he was doing, what was going on, and what his trading position was at MF Global. The guy would sit in meetings and place trades on his Blackberry. Talk about “compensating for inadequate/ingrown gender-specific anatomical abnormalities”, or something. If this guy had any more of an inferiority complex, he would be forming an army to mount a land invasion of Russia in winter. Seriously.

2. Of course Corzine instructed that the customer segregated accounts be raided. In a functioning society with a rule of law, stealing in excess of a billion dollars of your customers’ money would land you in prison, probably for the rest of your life. No Treasury officer would do this unless under direct orders to do so.

3. Of course Corzine lied to congress. DUH! What do you expect? This guy is evil, immoral, conscienceless, and lying is part of his daily modus operandi as much as breathing and tinkling.

4. Because Corzine is a psychopath, he will attempt to deflect blame onto Edith O’Brien and/or some other MFG back office staff. I wrote a piece months ago warning that they may try to frame the actual wire transfer keypunch clerk who physically entered the transfers into the Fed wire system. This person is likely to be a woman making a meager salary who knows nothing about the wire instructions she is given, and just sits at a computer terminal in a cubicle and enters wires all day. I renew the warning. This is what psychopath oligarchs do. They treat the lives of other people as object playthings.

5. Edith is no innocent little lamb in all of this. She knew all along that she was working for scum and she knew what Corzine was doing to the company – namely prison raping both the customers and the stockholders. If she had any integrity she would have quit long ago, or at least publicly spilled her guts right away on October 31st or November 1st.

6. However, in fairness, Edith did NOT sign the letter from JP Morgan certifying that the wires to London were not customer funds. She also notified the CME that the “missing” customer money wasn’t an accounting error, but a very real shortfall on October 31st. We’ve known all of this since darn near the very beginning of this mess.

7. The notion that it has taken five months to trace bank wires is abject nonsense. There is nothing easier in the world to track, and there is nothing more heavily documented than bank wires. All of this bee-ess about endless “forensic accounting” and “we may never know what happened” is pure smoke-and-mirrors. Everyone has known since the very beginning that the money went to London, specifically to JP Morgan . . .

8. . . . which is why the bankruptcy was fraudulently set up as a Chapter 11 securities firm BK, and not a subchapter 4 Chapter 7 bankruptcy of a commodity brokerage. Let me clear up all ambiguity on this matter. There is NO POSSIBLE WAY that EVERY PARTY INVOLVED in the filing of the BK wasn’t aware of exactly what they were doing, the inherent fraud in filing the BK as they did, and the consequences to the customers AND the huge illegal advantage the Chapter 11 filing gave to JP Morgan. The following groups are 110% complicit in the theft of the customers’ funds by virtue of their participation in the scheme of the BK filing itself: CME Group, the SEC, the CFTC, the DOJ, the bankruptcy court, the bankruptcy trustees, and of course, JP Morgan, who has been running the table on this since literally day one. Everyone listed is criminally complicit in stealing the customers’ money because had the BK been filed in the only possible legal way, as a Subchapter 4 Chapter 7 commodity brokerage BK, the customers would have gone to the front of the line and been made immediately whole. The BK was fraudulently filed the way it was for one reason and one reason only: to benefit JP Morgan.

9. Corzine will never be touched. What part of “lawless totalitarian oligarchy” are you STILL struggling to understand? The reason Corzine did what he did was because he knew that he would never be touched – specifically by Eric Holder and the Obama DOJ. If conditions in the United States change and Corzine feels threatened, he will be on a chartered jet to a non-extradition treaty country to live out his days in luxury. I would guess that the vast majority of Corzine’s wealth has long-since been transferred offshore. If I had to bet on where he would end up, I would guess the United Arab Emirates. The city of Dubai is in the UAE and they have been trying to establish Dubai as the next global financial center. It is all built on a massive debt bubble, and muslim culture embraces and encourages dishonesty in business dealings, so Corzine will feel right at home, and will be treated like a rockstar. And, like I said, there’s no extradition treaty between the US and the UAE.

10. If Corzine appears before Congress again, it will be more of the same “I had no knowledge . . . ” lies. And his buddies in Washington (on BOTH sides of the aisle, because they’re all in exactly the same criminal class) will shrug their shoulders, maybe feign a little outrage, and then it will all be forgotten in 36 hours. Just like everything else of meaning, importance or consequence in this godforsaken cesspit of a society.

11. If you still have money sitting in a brokerage account of any kind, you’re just stupid. Sorry. But that is the only way to put it. DO NOT email me asking if by “ANY BROKERAGE ACCOUNT” I was referring to the brokerage firm that you use. Uh, is it a BROKERAGE? Does it BROKER TRANSACTIONS in the futures, futures options, stock, stock options, bond, money market, ETF or any other form of securities or currency in the United States of America? Here, let me just answer the next 1000 emails in one fell swoop:

YES, YOUR ACCOUNTS ARE FUNDAMENTALLY UNSAFE AND YOU ARE AT RISK OF HAVING YOUR MONEY CONFISCATED AT ANY TIME. YES, I’M TALKING TO YOU. YEAH, YOU. YEAH, YOUR MONEY ISN’T SAFE. YES, YOU SHOULD GET YOUR MONEY OUT NOW. YES, I’M TALKING DIRECTLY TO YOU. YES, I AM REFERRING TO WHATEVER BROKERAGE FIRM YOU ARE USING FOR WHATEVER PRODUCTS YOU ARE INVESTED IN. RETIREMENT, PENSION, ANNUITY, MONEY MARKET, 401(k), IRA, STOCKS, BONDS, ETFs, FUTURES, OPTIONS, AND ANYTHING ELSE. WOULD YOU LIKE ME TO HIRE A SKYWRITER? HOW ABOUT ONE OF THOSE BLIMPS WITH THE LIGHTS ON THE SIDE? HOW ABOUT A HIGH SCHOOL MARCHING BAND? YES, I’M TALKING TO YOU.

I’m noting the time of this post and will let you know when the first email arrives saying, “You didn’t mean my money market with Fidelity, did you?”

Too bad we can’t do some sort of over/under on that.

9 responses to “Barnhardt: 11 Points On MF Global And Jon Corzine

  1. Corzine might never be touched by the Justice Department of the US Gubmint but he might be touched by the Justice Department of some po’ed citizens who are fed up with this crapola that has been going on. One operative tern is “RANGE CARDS” to describe a simple piece of paper that has all the important information on how to “LOCATE” some dipwad who has abused his position and stolen other peoples money. Perhaps it’s time for an old fashioned Necktie Party or perhaps a Tar ‘n Feathering Party.
    Just my 2 cents worth.

  2. She has definitely been on top of this subject from day one. Good work.

    *****

    This spurs some thoughts-
    She makes some excellent points, however, I would like to point out a fatal flaw in constitutionalist/conservative dialogue.

    It is, for the most part, aimed at a part of the population that is well in the minority. All of it is precisely true. Undoubtedly.

    But the majority of the people in the country, the majority of voters don’t care. They don’t care ‘cuz they don’t see that it affects them. What they care about is the price of groceries. Unless they just swipe their EBT. Then they care about keeping their EBT more than anything else.

    Conservatives’ arguments have always made sense to me and have always been (IMO) factually true. The problem is, the people that give a damn about these things are a minority. If conservatives do not find a way to make their message appeal to the masses, they will lose. Again.

    And maybe, after all, the masses just plain don’t want conservatism. Can’t you see it and hear it now?

    Who cares about Corzine? All he did was rip off some rich people who had investments. As long as I get mine, who cares?

    So it’s a trap, in the end. You can make perfect intellectual sense, but if that message is not one of “here’s what I can give you people”, not enough people care.

    DeTocqueville was right, and everyone knows that the American people are easily bribed with their own money (or by that of their neighbors). Savitri Devi also called democracy right, in more than one way… She called it: “Rule by the scum.”

    I want to remain optimistic and think that through the strength of reason, this diving airplane can be brought aright. I guess that would be “hope”.

    Here’s the “change”-

    Obama 2012, when the mask comes off.

    Resist.

    AP

  3. If conservatives do not find a way to make their message appeal to the masses, they will lose.

    The problem with conservatives is that they are/were made up of Romney, Santorum, Gingrich, Perry, Bachmann, Cain, and 20 other wannabe lesser contenders other than that one guy who is drowned out by the fake conservatives and the controlled media who control and shape the debate. How many conservatives were/are amongst the 27 conservative contenders? In fact, how many conservatives are sitting in the House of Representatives?

    The conservative massage will not get out until a preponderance of real conservative voices step up to the plate.

    The problem is not so much the message, but who controls the message. Media. Who controls the media? And down the rabbit hole we go.

    …if that message is not one of “here’s what I can give you people”, not enough people care.

    Well, yeah. But for the most part, they were trained to do that. The first Great Depression was no accident. Neither is the second. Most people don’t want to be without jobs and food and the ability to provide for their families. But if you can Pavlov dog them – take everything away from them, starve them, then promise to alleviate that with a… great plan – then fatten them up – and then repeat… etc., etc. – Money, money, money… Ford Foundation, Rockefeller Foundation, CFR, Trilateral, Club of Rome, The Round Table Group… Follow the money. Follow the Den of Vipers. Control and shape the message. The media. Our schools. Our politics. Etc.

    It works the same in any country? Mess with and control mankind’s baser instincts while at the same time confuse his virtue and morals. Transform mankind into a beast… a human resource.

    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

    Capital must protect itself in every way… Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the central power of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principle men now engaged in forming an imperialism of capitalism to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd. – J. P. Morgan

    Of course, I could quote the evidence here all day long.

    MkUltra and all that crap isn’t a fantasy novel.

    But see, there I go down that rabbit hole. And it’s a conspiracy.

    inure:

    1. transitive verb harden somebody to something: to make somebody used to something unpleasant over a period of time, so that he or she no longer is bothered or upset by it

    2. intransitive verb come into effect: to come into legal operation or effect

    Synonyms: harden, toughen, accustom, season, habituate, acclimatize, desensitize, familiarize, naturalize

    You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it.

    Yeah, I know… crazy stuff and Agent Smiths. And… consumers are real.

    You have been mind pucked. :-)

    Your job is to un-do the mind puck.

    Good night.

    Crazy… huh?

  4. If conservatives do not find a way to make their message appeal to the masses, they will lose.

    The problem with conservatives is that they are/were made up of Romney, Santorum, Gingrich, Perry, Bachmann, Cain, and 20 other wannabe lesser contenders other than that one guy who is drowned out by the fake conservatives and the controlled media who control and shape the debate. How many conservatives were/are amongst the 27 conservative contenders? In fact, how many conservatives are sitting in the House of Representatives?

    The conservative massage will not get out until a preponderance of real conservative voices step up to the plate.

    The problem is not so much the message, but who controls the message. Media. Who controls the media? And down the rabbit hole we go.

    …if that message is not one of “here’s what I can give you people”, not enough people care.

    Well, yeah. But for the most part, they were trained to do that. The first Great Depression was no accident. Neither is the second. Most people don’t want to be without jobs and food and the ability to provide for their families. But if you can Pavlov dog them – take everything away from them, starve them, then promise to alleviate that with a… great plan – then fatten them up – and then repeat… etc., etc. – Money, money, money… Ford Foundation, Rockefeller Foundation, CFR, Trilateral, Club of Rome, The Round Table Group… Follow the money. Follow the Den of Vipers. Control and shape the message. The media. Our schools. Our politics. Etc.

    It works the same in any country? Mess with and control mankind’s baser instincts while at the same time confuse his virtue and morals. Transform mankind into a beast… a human resource.

    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

    Capital must protect itself in every way… Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the central power of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principle men now engaged in forming an imperialism of capitalism to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd. – J. P. Morgan

    Of course, I could quote the evidence here all day long.

    MkUltra and all that crap isn’t a fantasy novel.

    But see, there I go down that rabbit hole. And it’s a conspiracy.

    inure:

    1. transitive verb harden somebody to something: to make somebody used to something unpleasant over a period of time, so that he or she no longer is bothered or upset by it

    2. intransitive verb come into effect: to come into legal operation or effect

    Synonyms: harden, toughen, accustom, season, habituate, acclimatize, desensitize, familiarize, naturalize

    You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it.

    Yeah, I know… crazy stuff and Agent Smiths. And… consumers are real.

    You have been mind pucked. :-)

    Your job is to un-do the mind puck.

    Good night.

    Crazy… huh?

  5. Where IT.. all started.. Well maybe WELL BEFORE THIS..”.METRO 1313″
    link below….

    http://www.sweetliberty.org/beware_metro2.html

    Angelo

  6. According to the link Angelo has provided…. We’re screwed!

  7. And sorry about the double post. The first one delayed and didn’t think it went through.

  8. If I had any money or hope this would end well, I would be worried.
    I am not.. :)

  9. I pulled my 401K a few months back. Costs a lot to pay taxes and penalties on the withdrawal, but still leaves me more than the nothing that would likely result form leaving it there.