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Sixteen trillion US Dollars worth of "backdoor" bank bailouts

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The first 6.5 minutes or so of a recent interview with United States Congressman Dr Ron Paul -- who is believed to be a potential candidate for the US Presidency in 2012 -- relate to MASSIVE financial transactions between the Federal Reserve (the privately owned "Central Bank" of the United States of America) and other "Central Banks" around the world: financial transactions of a kind which more and more people are beginning to think of in overall terms as "the greatest scam ever perpetrated in the history of the world". The interview can be listened to via the following location:

There is also a transcript of this recent interview (between Dr Paul and Dr Joseph Mercola) available at:

Among other things, and by means which are surrounded by and buried in layers of secrecy that are almost impossible (if not fully impossible) to penetrate apparently, it appears that "The FED" has provided some 16 trillion US Dollars or so in "backdoor bailout" money during the past few years, and that approximately one-third of that sum has gone to "overseas" Central Banks: which, it seems reasonable to assume, would in some ways include the Central Bank of the Republic of Ireland, the Bank of England (UK Central Bank), the European Central Bank (ECB), and the EU (European Union)?

Many questions arise in connection with these vast financial transactions: not least (for example) the matter of the collateral used to secure the repayment of these massive loans. Might any of the Republic of Ireland's as yet untapped oil and gas resources be included I wonder: which some reports suggest are in the region of 5.4 trillion Euros? There are of course numerous written reports in existence which claim that the Republic of Ireland's oil and gas resources have already been unlawfully and unconstitutionally given away by grossly corrupt Republic of Ireland politicians and lawyers.

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There is also the matter of where did the 16 trillion US Dollars used for this "backdoor bailout" come from: particularly if it was all (or mostly all) "thin air money" created from nowhere out of nothing by "The FED", and by means whereby the only real work involved would be the small amount of time and effort required to type large numbers on a computer keyboard?

In addition, there is the more general matter of why the MSM (Main Stream Media) is very largely ignoring this 16 trillion US Dollar "backdoor bailout" by The FED, and thus failing to keep the public -- particularly the VOTING public -- responsibly informed regarding this crucially important social issue, and the many deeply serious and highly negative implications it has for literally billions of people all over the world. In the interview, Dr Paul gives his views as to why he thinks the mainstream media stance is greatly lacking in this particular area.

Leaving aside the media business, Dr Paul appears to be still almost completely in the dark however regarding all details relating to the actual financial transactions themselves, and it also seems he has not yet succeeded in getting the audited accounts from "The FED" which he has been trying to get hold of for the past several years.

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Since it came into being in 1913, the privately owned "FED" has NEVER produced a single set of audited accounts apparently!!

With the February 25th 2011 General Election in the Republic of Ireland in mind, and in the interests of protecting themselves from being further hoodwinked (as I see things) by all the glib statements and comments which continue to come from almost all of the Republic of Ireland TDs (Republic of Ireland Elected Representatives) now campaigning to be elected, and who continue to enthusiastically support the bank bailouts in one way or another, the thought has crossed my mind that this might be a very good time for voters in the Republic of Ireland to listen to, and to consider, what Dr Paul has to say about the 16 trillion US Dollar "backdoor bailout" situation in the interview referred to above.

There is a list of other closely related Diary Entries by William Finnerty at the following location:


There is a BACKUP COPY of the above text at the www address just below which has an extensive array of translation facilities that includes Hebrew and other Middle Eastern languages which use Arabic texts of the kind often used by the world's Islamic community:


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Those who receive e-mails in "plain text" format may wish to know that a "rich text" copy of the above Open News Diary Entry which included a number of closely related Internet "hyperlinks" (not available in "plain text"), was sent by e-mail on February 13th 2011 to (among others) a multinational selection of senior politicians, lawyers and economists: which included Republic of Ireland High Court President Justice Nicholas Kearns, UK Prime Minister David Cameron, President of the European Council Herman Van Rompuy, and United States of America President Barack Obama. A copy of the e-mail used can be viewed at the following www location:


February 14th 2011 Update ...


The above information was sent by e-mail to Republic of Ireland Prime Minister Brian Cowan TD, and to several dozen of his parliamentary colleagues. A copy of the e-mail used can be viewed at the following www location:


February 15th 2011 Update ...


"Tax havens have been instrumental in nearly every major economic event, in every big financial scandal, and in every financial crisis since the 1970s, including the latest economic downturn."

"Tax havens have declared war on honest, law-abiding people around the world."

"Tax heavens are the most important single reason why poor people and poor countries stay poor."

"Britain and the United States are the world's two most important tax havens."

All four of the above excerpts appear in the recently published book titled Treasure Islands which has been written by Nicholas Shaxson who is an experienced investigator and journalist, and an Associate Fellow of the Royal Institute of International Affairs.

The above information was sent today (i.e. February 15th 2011) to a group of people that included 1) Jeannette Swenarton (Northern Ireland Social Security Agency), 2) Catherine Connolly, Practicing Barrister , Former Clinical Psychologist, and General Election 2011 Candidate for Galway West, 3) Dr Beatrice Edwards (United States Government Accountability Project), and others. A copy of the e-mail used can be viewed at the following www location:

The member-lists of some of the other groups the above information was sent to on February 15th 2011 can be viewed at the following two locations:



Numerous other people have also been sent the above information by e-mail, and,
with the deeply worrying and highly unlawful issue of cultural genocide in mind,
they are represented by the e-mail at:


February 16th 2011 Update ...


The member-lists of some of the groups the above information was sent to on February 16th 2011 can be viewed at the following www locations:






February 17th 2011 Update ...


The "Secret Empire" & Its Highly Predatory Forms Of Capitalism:

A remarkably efficient set of very instructive and helpful insights into this subject by John Perkins (Economist and Author) -- which appears to be highly relevant in relation to credible written reports which claim that the Republic of Ireland probably has untapped oil and gas resources worth somewhere in the region of 5.4 trillion Euros -- can be found in a 2 minute and 8 second animated video at:



The member-lists of some of the groups the above information was sent to on February 17th 2011 can be viewed at the following www locations:


http://www.humanrightsireland.com/UK/Parliament/Group2/17February2011/Email.htm (UK Attorney General included)



February 18th 2011 Update ...


"SITTING ON A FORTUNE" (Republic of Ireland's Oil & Gas Resources):


Among others, the above information was sent to a number of senior police officers, politicians, a Galway City politician who is also a practising barrister (similar to an attorney in the United States and elsewhere) named Catherine Connolly, and to iStockAnalyst. A copy of the e-mail used can be viewed at the following www location:


Human Rights Ireland




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William Finnerty is back living in the Republic of Ireland at the present time, which is where he was born and where he grew up. His father was Irish (County Galway), and his mother American (New York City). He has worked mostly in the (more...)

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