Obama/Banksters response to BRICS Dollar Dismantling: Confiscating the Wealth of the Opposition

[ThePythonicCow]

Catherine Austin Fitts has a powerful post on the Daily Bell, laying out some of the tactics that the "other side" are taking, in response to my thread yesterday Russia's Plan For The BRICS To Dismantle The Dollar System (Russian translator?).

In the post Make Way for the Killers & the Great Tax Haven Roundup, Fitts starts out with the deceptively brief assertion:

There are no scandals in Washington. There is simply a turnover.

She goes on to explain that the apparent IRS and Dept of Justice scandals of late are simply minor deceptions to cover the operation of replacing key personnel with the selections needed for the upcoming round of "killer" operations, going after assets, world wide.

Fitts continues:

We are preparing for an escalation of the global financial war. The old team is simply being told to step aside. Make way for the killers.

When G-7 concluded their emergency meeting in London last weekend, they announced that they were going to target tax havens. What does this mean? After months of G-7 central banks buying mortgage bonds and equities, the hunt for capital is on. Of course, we knew the tax havens were in the crosshairs already – only intelligence agencies can dump out the kind of leaks we have been seeing over the last month leading up to the G-7 meeting.

However, the seriousness of the capital moves underway were underscored by the swiftness with which a "scandal" was trumped up and ready to go at the IRS, with headlines on Monday morning, the leadership was out on Wednesday and a new acting from OMB in at the IRS on Thursday. Wonder who the new commissioner will be? That is being sorted out now. It will be someone masterful at legal warfare – "lawfare."

A serious attack on the offshore havens, sufficient to direct $20-30 trillion in the direction that the G-7 wish it to go will also require the right kind of leadership at DOJ. Yes, Holder is certainly willing to play ball – he has done a perfectly adequate job supplying guns to the Mexican drug cartels and beating up on the Swiss. However, someone with international experience who is a lot meaner and trusted in certain congressional quarters is preferred. After all, asserting jurisdiction over $32 trillion is one amazing squabble.

Her post concludes:

If a serious attack on the tax havens is in the works, the moves of capital will be unprecedented. The question of global uninsured deposits could be an ongoing drama – perhaps explaining the enormous shifts of precious metals out of the ETFs and the improvement in the real estate markets. Someone is looking to get out of insecure bank deposits and into tangibles. However, imagine what could happen if numerous jurisdictions are forced to sell their precious metals the way that Cyprus was. We are now in a world where all asset classes can take turns in the doghouse – and they can do so at lightening speed with little warning.

The G-7 is extending and tightening up their jurisdiction. They are planning very significant shifts. This is BIG.

[ThePythonicCow]

I am having second thoughts about my including "Obama" (US President) in this thread's title .

As I speculated here almost a week ago, perhaps Obama is one of those destined to be replaced, sooner rather than later. He might be destined to be included in the "turnover" that Fitts describes.