This page has been archived and commenting is disabled.

Interview: Unusual Pre-9-11 Currency Movements; an Ex-Federal Reserve Employee Talks to Robert Wenzel

EB's picture




 

Submitted by EconomicPolicyJournal.com

Bill Bergman-a former Federal Reserve (Chicago branch) economist and policy analyst, who has raised concerns about unusual currency transactions pre- 9-11----including billions in one hundred dollar bills, is the guest this week on the Robert Wenzel Show. 

Bergman worked at the Chicago Federal Reserve for over 13 years as an economist and financial markets policy analyst, until he started asking questions about unusual currency movements before 9-11. On the show we talk about what happened to him, after he started his investigation.

We also talk about how the Fed's Biege Book is assembled, the trillion plus dollars sitting at the Fed as excess reserves, the LIBOR "scandal", Warren Buffet and much more...

YouTube and podcast versions may be found here:

http://www.economicpolicyjournal.com/2012/07/find-out-what-happened-when-federal_15.html

* * *

EB:  On the same topic, see this April 2011 report at ZeroHedge regarding Mr. Bergman's termination written by one Jr. Deputy Accountant (who, apparently, was not picked up in a chauffered black helicopter and still writes to this day here).

Finally, we crunched the numbers, and indeed found a material spike in currency during the ten weeks preceding 9-11 when compared to the previous five years.  All the more compelling, considering the average includes the cash dump prior to the Y2K event in 2000.  See here:

* * *

The Robert Wenzel Show is broadcast every Sunday morning at 7:00 am.  Previous guests include Robert Morrow (on the JFK assassination), Peter Schiff, libertarian candidate Gary Johnson (worth it for the fireworks), James Altucher (how he lost $15 million dollars), Derek Pilecki (inside Goldman Sacks asset management division) and many more.

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Sun, 07/15/2012 - 22:26 | 2619137 andrewp111
andrewp111's picture

BS. Bush was clueless. There were probably many foreign governments that had prior knowledge of  9-11.  Israel, Russia, China, Saudis, etc.... come to mind immediately. I am sure that TPTB know full well who had advance knowledge. But they won't say anything for Diplomatic reasons. Foreign relations with many countries could be at serious risk otherwise.

Sun, 07/15/2012 - 22:42 | 2619173 bunnyswanson
Mon, 07/16/2012 - 13:39 | 2620874 Reptil
Reptil's picture

video blocked by National Geographic in Europe

Sun, 07/15/2012 - 22:06 | 2619087 ItsDanger
ItsDanger's picture

There are a lot of rich Muslims out there.  Maybe they liquidated their USD assets prior to the attack.  This guy provides little detail when he should have had access to more info.

Mon, 07/16/2012 - 02:17 | 2619459 Alcoholic Nativ...
Alcoholic Native American's picture

Ahh yes, the rich Muslim conspiracy theory.   Cause everybody knows that Muslims are telepathically linked and orchestrated 9/11.

Sun, 07/15/2012 - 23:30 | 2619286 DaveyJones
DaveyJones's picture

strike two

it's amazing how rich muslims and jet fuel can arrange five air exercises and divert norad

Sun, 07/15/2012 - 21:43 | 2619048 antisatan
antisatan's picture

911 was run by Mossad/mi6/cia, the happy triumvirate.  one day prior don rumsfeld announced the 2.3 trillion missing which pentagon controller dov zakheim stole and sent to tel aviv.  yet another live snuff film for the citystate of london.  stole billions in gold from wtc6, put options on airlines across the board records wiped in the demolition executed by CDC and army corp engineers, control room the mayors emergency bunker in wtc7, leased by silverstein.  three micronukes used that day to vaporize the box steel column cores and bring the three buildings 1 2 and 7 down.  elevated tritium found in dust evidence of nukes.

http://www.youtube.com/watch?v=p_3-YkV_Uik

 

Sun, 07/15/2012 - 23:30 | 2619288 Hurdy Gurdy Man
Hurdy Gurdy Man's picture

And we must not forget the NFL-CIO...

 

Sun, 07/15/2012 - 22:06 | 2619090 ItsDanger
ItsDanger's picture

My brother, an engineer, says that the jet fuel (different than what was used in the 70s) burned so hot it melted the steel frame supports.  Is it so hard to believe this rational explanation over conspiracy?  There are tons of easier ways to make money when you have the power to do so.  Just look at whats going on today.  That amount of gold is peanuts.

Tue, 07/17/2012 - 00:08 | 2623131 Revert_Back_to_...
Revert_Back_to_1792_Act's picture

Your brother should watch this guy (who is also an engineer and is very confused by what he sees)

Short clip - amazing reaction.

http://www.youtube.com/watch?v=877gr6xtQIc#t=25s

Here is another short clip - with different angle.

http://www.youtube.com/watch?v=972ETepp4GI

So you don't believe in 'conspiracies'?

Listen to what JFK says;

www.youtube.com/watch?v=FnkdfFAqsHA#t=1m27s

I think he was in a position to know.

If you pick up a school book from just 100 years ago, it would teach you that most significant history was created by conspiracies of men.

Go get a 1853 or earlier McGuffey's 5th reader.  Marvel at what counted for a 5th grade education back then.  See if you are smarter than a 1853 Fifth Grader.

You have to get a 1853 or earlier version as McGuffey's readers were dumbed down along with the all the other school books. 

You can still find them on Ebay.

 

 

Mon, 07/16/2012 - 07:45 | 2619636 my puppy for prez
my puppy for prez's picture

Jet fuel was NOT in WT7!

How could jet fuel make the building pancake completely uniformly AND turn the entire building into explosions of micro-dust?  How could jet fuel burn for WEEKS in the pit of Ground Zero?

This theory has been put out there recently, and it has been debunked by some very credible scientists.  And it still doesn't explain WT7!

It's a convenient theory if you don't want to deal with the horrific truth....

Mon, 07/16/2012 - 05:52 | 2619556 Winston Churchill
Winston Churchill's picture

What burnt the honeycombed concrete cores ?

They should have been left standing , like a giant raised middle finger

at the Govt's story.

Sun, 07/15/2012 - 23:40 | 2619311 Overfed
Overfed's picture

Jet fuel is nothing more than high purity kerosene.

Sun, 07/15/2012 - 23:35 | 2619297 bunnyswanson
bunnyswanson's picture

WTC 7 - the building that collapsed out of sympathy for it's 2 neighbors is the smoking gun.     http://whatreallyhappened.com/WRHARTICLES/silverstein.html  

Update: WTC Leaseholder May Collect Up To $4.6B

Mon, 07/16/2012 - 10:16 | 2620065 optimator
optimator's picture

If only flt. 93 made it to WTC7!

Sun, 07/15/2012 - 23:05 | 2619241 sumo
sumo's picture

"burned so hot it melted the steel frame supports"

Except it didn't burn that hot.

http://femr2.ucoz.com/forum/12-11-1

"The maximum burning temperature of JET A-1 outside a jet engine is 980 °C (1796 °F). (aka a "controlled burn")
The maximum open air burning temperature is 260-315 °C (500-599 °F). (aka a fuel rich or "dirty burn")
The situation in the towers was undeniably a "dirty burn". This is confirmed by all government reports. "

Melting point of steel, around 1500 °C:

http://www.engineeringtoolbox.com/melting-temperature-metals-d_860.html

Is it so hard to believe your brother's fake explanation?

Very, very hard, if you're an engineer like me who values facts and respects reality.

Mon, 07/16/2012 - 00:09 | 2619352 ItsDanger
ItsDanger's picture

You dont have to hit 1500 to collapse the frame idiot.  Once the integrity is damaged, its game over. 

So if you think your govt conspired against you, why dont you do something about it instead of whine on the internet?  No balls thats why.  Just keep typing your BS.  Or maybe you dont really believe it either.  Just a sad excuse to justify your failures.

Mon, 07/16/2012 - 12:47 | 2620625 KK Tipton
KK Tipton's picture

Weak sauce, computer generated forum dude....

 

Come on...ramp it up a bit eh?

Mon, 07/16/2012 - 05:49 | 2619553 Karl von Bahnhof
Karl von Bahnhof's picture

He is probably a brothel engineer...

Mon, 07/16/2012 - 01:08 | 2619414 bunnyswanson
bunnyswanson's picture

http://en.wikipedia.org/wiki/List_of_assassinated_American_politicians 

Many do not want to land on the list of assassinated Americans.  This is no game.  Greed, ruthlessness, a self-grandizing religious meme and a century long plan in the making presents a few obstacles.  Finding a squealer to infiltrate this group is difficult since they are in an exclusive club.  Falling apart from within will most likely happen if there were bounties put on heads and huge financial rewards offered for evidence leading to the trial and conviction of the perpetrators of the destabilizatoin of the globe. 

Following the money is the answer and we see quite clearly who has all the money. 

http://www.911myths.com/html/ahmed_shah_massoud.html 

On 9 September 2001, two days before the attacks by al-Qa’eda terrorists on the WTC-towers in New York and the Pentagon, Ahmad Shah Massoud was murdered by a Belgian suicide bomber. General Massoud was the charismatic leader of the Northern Alliance, the main Afghan resistance group against the Taliban rulers in Kabul. The murderers intended his death as “a gift” to Osama bin Laden, head of al-Qa’eda and the most prominent protégé of the Taliban regime.

The murder had been organised by Tarek ben Habib Maaroufi. Until 1991, Maaroufi, a naturalised Belgian born in Tunisia in 1965, worked for el-Watan, an Arab radio station in Brussels. The station catered for the many North African muslim immigrants that had settled in Belgium from the late 1960s onwards. Most of these immigrants were of Moroccan origin, but there were also Tunisians and Algerians. In the early 1990s, Tarek Maaroufi became the Brussels contact of the major North African terrorist groups. By 2000, he had become one of the most prominent al-Qa’eda agents in Europe.
[Much more detail in this article, well worth a read]
The Flemish Republic
http://www.flemishrepublic.org/extra.php?id=1&jaargang=1&nr=1

 

Mon, 07/16/2012 - 08:17 | 2619682 JOYFUL
JOYFUL's picture

the cirucmstances of Massoud's assassination deserve to be clarified, as they reflect the wider[hidden] policy initiatives of the so-called War o[n-sic]f Terror - as initiated by the secret cabal in control of western governments....

Leaders of military capability and\or mass-based popular support are eliminated from the political process of their respective countries, in order that the CIA\read Mossad\ chosen destablizing puppet can be inserted and maintained in power.  These puppets are always given 'populist' legacies and trained in extremist rthetoric -leftist or "radical Ïslamist." depending upon the demographics, then unleashed with a phony cover of 'Anti Americanism" that is supposed to conceal their status as agents of the MOSSAD-controlled western intelligence services which do the bidding of sionist controllers who seek to destabilize, then collapse both eastern and western societies. For more than 40 years, all competent and effective centerist leaders with a mandate to further the real interest of the middle classes of the world over have been killed or otherwise eliminated by order of these Kosher Killer Klowns.

Massoud\Bhutto\Lumbaba\BenBarka\Sukharno\Frank Pais...the list of real anti-colonialist leaders who refused the blandishments of the moneypower and paid the price for staying tru to their peeples is long and bloody.

Pastora[CommandanteZERO] got away with retirement, after the failed bomb blast. Few others have been so lucky. But I suppose countries like Nicaragua are small potatoes now, with the BIG HOUSE ON PENSYLVANIA now firmly in the hands of their POTUS PUPPET. The EUROMERIKAN middle classes are about to be eliminated - and phony patsy groups like al QAEDA have nothing but walk-on roles in the making of that Horror Flick.

Sun, 07/15/2012 - 22:46 | 2619195 tulip_permabull
tulip_permabull's picture

Hot enough to destroy Building 7 too, even though no plane ever came near it? But on the other hand, it failed to burn Mohammed Atta's passport. Wow, that's some really hot (and really weird) aviation fuel.

I wonder how your "brother" the "engineer" explains that. Or a thousand other problems with the official stories.

Mon, 07/16/2012 - 03:04 | 2619478 antisatan
antisatan's picture

Theres an excellent ska song called BUILDING SEVEN by King of Swords

check it out

http://www.youtube.com/watch?v=eTMWJV4dNKg

Sun, 07/15/2012 - 23:14 | 2619261 socalbeach
socalbeach's picture

Maybe his brother is a maintenance engineer - ie, a janitor.

Sun, 07/15/2012 - 23:06 | 2619242 ItsDanger
ItsDanger's picture

Ever seen debris from an accident?  Thats rather irrelevant anyways (mininukes or jet fuel).  Nice try though.   My comment relates to the main buildings.  Go research my original comment and learn how those towers were built.

Mon, 07/16/2012 - 02:22 | 2619460 vato poco
vato poco's picture

Ever seen the vidoe of Madrid's Windsor Towers fire from 2005? That high-rise sucker burned like a white-hot roman candle for 24 hours - as opposed to the relatively cool WTC fires, proven by the black smoke - and even after a whole day of that, it....didn't collapse. Oh, a small *part* of it did, but by & large, the bldg maintained its structural integrity. High-strength steel framing will do that for ya, I guess.

But hey, don't take MY word for it: it's on YouTube. See for yourself. Nice try, though.

Mon, 07/16/2012 - 00:06 | 2619348 JOYFUL
JOYFUL's picture

yur right...it's all irrelevant...

Merikan's should just keep sending billions of their ripped-off tax dollars to that indigent bastion of freedom in tel aviv, and then say thank yu to their bnaibrith\mossad masters for offing any president who has a problem with being told how to run his country...

that way nobody gets hurt, and there's no 'debris from an accident' to fuss about.

yu are a poltroon, sir.

Mon, 07/16/2012 - 00:01 | 2619332 DavidPierre
DavidPierre's picture

ItsAMoron:

9/11: A Conspiracy Theory

http://www.youtube.com/watch?v=yuC_4mGTs98&feature=player_embedded

Your Igorance Is your Strenth!

Mon, 07/16/2012 - 00:22 | 2619370 ItsDanger
ItsDanger's picture

Your conspiracy theories are your religion.  If you believed it so completely, I would hope you would actually take action.  Keep typing and spread the faith.  I expect in 10 yrs, you'll still be doing it.  You're wasting your time but if it makes you happy, go ahead.  Make extra money for Google and your youtube links.  Its a vicious circle isnt it?

Mon, 07/16/2012 - 07:55 | 2619646 my puppy for prez
my puppy for prez's picture

Your NON-conspiracy theories are your religion.

Basically what you are telling people is that to question the government or to delve deeply into an issue is creating a religion.

But you forget that RELIGION is based on FAITH....wouldn't that make believing the government on faith a religion?

Mon, 07/16/2012 - 01:54 | 2619425 DavidPierre
DavidPierre's picture

ItsAMoron:

Best that you and your brother 'Trade Position' and go on over to Smokey(Jim)Quinn's blog @ www.TheBeastilityPlatform.com where ignorance and aiding and abetting the 9/11 criminals is encouraged and applauded.

I went to your face book page and found a snapshot of you two that your Ma/Aunt posted.

http://coreybradshaw.files.wordpress.com/2009/07/inbreeding.jpg?w=294&h=300

It's good that your 'engineer' brother can tell you the time.

 

Mon, 07/16/2012 - 06:03 | 2619522 i-dog
i-dog's picture

At least we now know where Obomber got his ears!

Sun, 07/15/2012 - 21:42 | 2619042 WVO Biker
WVO Biker's picture

But, as I said here before, you could read in the NZZ newspaper about the coming catastrophe weeks before it happened. Various secret services new in advance. 

Sun, 07/15/2012 - 21:32 | 2619004 HardAssets
HardAssets's picture

There are many accounts like this out there.

The main, practical thing that I take from them - - - - the world is run by criminals (probably psychopaths) who will do absolutely anything to get what they want.

Most of the American public has their heads up their ass . . . and would look to some 'leader' in the govt to come 'save' them during disastrous times. That would be a big mistake IMO.

Sun, 07/15/2012 - 22:53 | 2619211 sumo
sumo's picture

We have a political system, and a finance sector, where psychopaths (as Robert Hare http://en.wikipedia.org/wiki/Robert_Hare_(psychologist) defines them) can prosper and flourish, with few constraints.

This environment will reward (select for) the most ruthless of their kind. The thing about psychopaths is that, because they lack empathy, humility, and responsibility, they eventually make fatal errors of judgement.

Like starting a civil war. Or WWIII.

Mon, 07/16/2012 - 12:19 | 2620511 KK Tipton
KK Tipton's picture

Great one Sumo

 

They were defined slightly differently in 1870:

 

No Treason No. VI: The Constitution of No Authority
http://www.fourmilab.ch/etexts/www/NoTreason/NoTreason.html

 

"For all the reasons that have now been given, voting furnishes no legal evidence as to who the particular individuals are (if there are any), who voluntarily support the Constitution. It therefore furnishes no legal evidence that anybody supports it voluntarily.

So far, therefore, as voting is concerned, the Constitution, legally speaking, has no supporters at all.

And, as matter of fact, there is not the slightest probability that the Constitution has a single bona fide supporter in the country. That is to say, there is not the slightest probability that there is a single man in the country, who both understands what the Constitution really is, and sincerely supports it for what it really is.

The ostensible supporters of the Constitution, like the ostensible supporters of most other governments, are made up of three classes, viz.:

1. Knaves, a numerous and active class, who see in the government an instrument which they can use for their own aggrandizement or wealth.

2. Dupes, a large class, no doubt--each of whom, because he is allowed one voice out of millions in deciding what he may do with his own person and his own property, and because he is permitted to have the same voice in robbing, enslaving, and murdering others, that others have in robbing, enslaving, and murdering himself, is stupid enough to imagine that he is a "free man," a "sovereign"; that this is "a free government"; "a government of equal rights," "the best government on earth," and such like absurdities.

3. A class who have some appreciation of the evils of government, but either do not see how to get rid of them, or do not choose to so far sacrifice their private interests as to give themselves seriously and earnestly to the work of making a change."

 

Mr. Spooner defined the people that flock to government ruling positions as "terrorcrats".
How fitting to this particular ZH discussion.

The 3 classes of people he defined in the quote above either make money off their association with the terrorcrats, get duped by them, or are chickenshits.

Terrorcrats, Knaves, Dupes, and Chickenshits. America is chock full of them right now.
I believe we have reached Peak Fuckery in 2012 USA.

 

Buckminster Fuller said that only integrity mattered...it was the only thing that would save the human race.

I believe we will have to modify that somewhat. Your *personal integrity* will save only *you* and others like you.
The rest are finished.

 

 

 

Mon, 07/16/2012 - 06:58 | 2619592 Bob
Bob's picture

Best movie on the psychopathic foundation of our economic system that I've ever seen is The Corporation:

http://www.youtube.com/watch?v=nmXgedNKgjI

The truth is hidden in plain view. 

Mon, 07/16/2012 - 13:24 | 2620827 WillyGroper
WillyGroper's picture

and it's only the tip of the iceberg.

Sun, 07/15/2012 - 21:00 | 2618945 JustObserving
JustObserving's picture

German central bank president Ernst Welteke later reports that a study by his bank indicates, "There are ever clearer signs that there were activities on international financial markets that must have been carried out with the necessary expert knowledge," not only in shares of heavily affected industries such as airlines and insurance companies, but also in gold and oil. [Daily Telegraph, 9/23/2001] His researchers have found "almost irrefutable proof of insider trading"

http://www.atimes.com/atimes/Global_Economy/NC21Dj05.html


Mon, 07/16/2012 - 08:00 | 2619654 my puppy for prez
my puppy for prez's picture

Good link.  Much appreciated!

Sun, 07/15/2012 - 21:52 | 2619027 New World Chaos
New World Chaos's picture

This article is long but it really lays it all out.  9/11 wasn't just about creating an excuse for fascism and war profiteering, it wasn't just about inducing Stockholm Syndrome via trauma-based mind control; it was also about covering up epic fraud going back to the Cold War.  In reading this article the essential nature of oligarchy becomes apparent.  The conspiracy is far more vast and byzantine than can be organized by a secret committee of power-mad old men.   ZH regulars will know my opinions about the driving force but I'll let you try and ponder what kind of mind could pull off a coup on this scale without causing a massive glitch in the Matrix:

http://www.scribd.com/doc/9442970/Collateral-Damage-US-Covert-Operations-and-the-Terrorist-Attacks-on-September-11-200128062008

Sun, 07/15/2012 - 20:26 | 2618877 tony bonn
tony bonn's picture

9/11 was perpetrated by wall street and its cia.....al qaeda is a database of cia mercenaries....see jim marrs for damning evidence showing bush, cheney, freeh, goss and other scum who managed the crime.....one beneficiary of the put options on airlines was wirt walker iii and his wife.....they are of course cousins of george bush sr.

the bush crime syndicate was the organizing principle of the crime of the century, just as bush sr was a central player in the murder of jfk. prescott bush was an executive sponsor along with allan dulles and avery harriman.

another great book on jfk is mary's mosaic.....the plutocratic scum  - not irate arabs - were the cause of 9/11....

Sun, 07/15/2012 - 22:36 | 2619156 ItsDanger
ItsDanger's picture

What are their current trading positions?  I'd like to copy them. 

So many employees around various companies could do likewise and get rich themselves, yet havent?

Mon, 07/16/2012 - 07:58 | 2619472 Alcoholic Nativ...
Alcoholic Native American's picture

Are you suggesting that war profiteers in the post 9/11 world have not been getting rich?

 

You want to be just like them dont you.  That's cool

Mon, 07/16/2012 - 00:05 | 2619346 CunnyFunt
CunnyFunt's picture

They're long Bolivia.

Sun, 07/15/2012 - 21:30 | 2619011 donsluck
donsluck's picture

But is all this tradable?

Sun, 07/15/2012 - 20:31 | 2618881 Westcoastliberal
Westcoastliberal's picture

Don't forget "Family of Secrets" by Russ Baker, one of if not the primo documentation on the Bush family history.

Sun, 07/15/2012 - 19:43 | 2618810 Benjamin Glutton
Benjamin Glutton's picture

The furor over 1 death in fascist and furious seems hilarious when you consider it took the tenacity of the Jersey Girls to force a cursory public inquiry into 3,000 plus deaths on 9/11.

Sun, 07/15/2012 - 19:34 | 2618789 Yellowhoard
Yellowhoard's picture

Remember when Clinton was leaving the Ron Brown funeral laughing his ass off and then suddenly when he saw the cameras became sullen?

Nobody will ever be able to sell a great lie like Clinton ever again.

Do NOT follow this link or you will be banned from the site!