by Judge Anna
What I know for sure is that the Nationalist Chinese government placed a
LARGE sum of gold on deposit with the New York Fed in 1928 just before the fall
of the Nationalist Chinese government. The Fed used that gold for years and
were supposed to pay interest on the use of it, and didn't. They didn't like
the Communist Chinese government, so they just wrote off their own fiduciary
responsibility to the Chinese people --- the lawful heirs of the gold
horde---and proposed to keep it for themselves.
Neil Keenan brought suit against the New York Fed in 2011 to correct this.
But they had already bankrupted the old Federal Reserve System in 2009, so they
pleaded bankruptcy protection. Technically, the gold had been held by member
banks in the old bankrupt system, so it was argued that all those assets were
part of the holdings of the bankrupt banks and blah, blah, blah. It was only
after the discovery of prior known bankruptcy fraud and willful disregard of
fiduciary management on the part of the Federal Reserve that the perps were
eventually cornered and forced to cough up.
Now, I have no reason to like the Communist Chinese government, but like it
or not, they are representing the Chinese People and the gold belongs to the
Chinese People. It does not belong to us. It does not belong to the New York
Fed. It needed to go back to China and the interest on it needed to be paid.
Neil Keenan fought hard for that. Any right thinking human being on this
planet who would want their property returned in a similar situation has to
agree with him and with the Chinese government. It was a lawful debt, fair and
square, no question about it.
Unfortunately, when the bankers got to thinking about their options, they
decided to turn their lemons into lemonade. Having been forced to pay the
Chinese off they said----what the Hell? If you can't beat them, join them.....
and they moved their focus of operations to China.
And suddenly, the Chinese Elders appeared.
