The superior court of Maricopa County (Federal enclave of) Arizona decides state v. Iknadosian: judge Robert Gottsfield issues a directed verdict (circumventing the jury from deliberating) finding George Iknadosian not guilty of knowingly selling AK-47 semi-automatic rifles to Mexican drug cartels, as the prosecution did not prove its case.

       [added 10/18/2021] Thanks to Freedom’s Phoenix for this entry.

       On the sixth anniversary of the beginning of the Iraqi-American War, Ihsan Jaafar, Minister of the Environment, complains to the western media that in a good month over one-third of Iraq’s water is unsafe to drink.  The water had been unsafe to drink for years during United Nations’ imposed trade sanctions.  But now (since the American invasion) typically 90% of the water is infested with cholera, dysentery, hepatitis, typhus, as well as other diseases.

       [added 7/26/2024] Thanks to Freedom’s Phoenix for this entry.

       The Bernanke Doctrine continues: While the United states Armed Forces (private mercenaries) are stationed at 737 bases, in 130 nations around the world, defending “all freedom-loving people everywhere in the world,” the Federal Open Market Committee of the Federal Reserve System of (central) Banks, announces the beginning of the Treasury Purchase Program, exchanging 300,000,000,000 “dollars,” in newly issued Federal Reserve Notes (Bills of Credit) for newly issued Treasury Bills (Federal debt obligations) with the department of the treasury.  The FOMC also announces that it is establishing the Term Asset-Backed Securities Loan Facility to purchase 1,200,000,000,000 “dollars” worth of debt with newly issued Federal Reserve Notes (Bills of Credit).

       NOTES:

  • The department of the treasury charges the FRSB 2.3 “cents” for each FRN it prints.  The FRSB then lends FRNs to the department of the treasury at face value plus interest, accepting Treasury Bills as collateral.  The interest on the T-Bills (national debt) is paid for by U.s. subject/enemy/citizens through the unlawful Federal personal income tax.
  • This is the further realization of plank number five of the “Communist Manifesto” by Karl Marx.

       [added 10/18/2021] Thanks to Jim Lorenz for this entry.

       Orice M. Williams, Director of Financial Markets and Community Investment for the Government Accountability Office, tells the house financial services subcommittee that it is very unlikely the more of than 168,000,000,000 “dollars” in Federal Reserve Notes (Bills of Credit) given to American International Group will be returned:

       AIG’s ability to repay its obligations to the federal government also has been impaired by its deteriorating operations, its inability to sell its assets and by further declines in its assets. … AIG faces ongoing challenges from the continued overall economic deterioration and tight credit markets.

       [added 10/18/2021] Thanks to Jim Lorenz for this entry.

Subsequent Events:

3/23/2009                   3/25/2009                     3/29/2009                   3/31/2009               4/3/2009

4/6/2009                     4/23/2009                     4/30/2009                   5/4/2009                 5/11/2009                

10/22/2009                 11/17/2009                   7/23/2010                   12/14/2010             12/3/2015

Authority:

(Federal enclave of) Arizona constitution, article II, sections 24 and 30
www.azleg.gov/const/arizona_constitution.pdf

References:

Arizona judge dismisses charges in gunrunning case | Reuters
www.reuters.com/article/us-usa-mexico-guns/arizona-judge-dismisses-charges-in-gunrunning-case-idUSTRE52I0WM20090319

FRB: Press Release — FOMC Statement–March 18, 2009
www.federalreserve.gov/newsevents/press/monetary/20090318a.htm

FRB: Bernanke, — The Federal Reserve’s Balance Sheet: An Update
www.federalreserve.gov/newsevents/speech/bernanke20091008a.htm

Forget the bonuses: AIG can’t repay its loans, GAO says | McClatchy Newspapers
www.mcclatchzdc.com/227/storz/64311.html

The Insolvency of the Fed – Philipp Bagus – Mises Institute
mises.org/daily/3281

CalculatedRisk: $13.9 Trillion Total Maximum Government Support Announced
www.calculatedriskblog.com/2009/06/139-trillion-total-maximum-government.html

The Federal Reserve and you
endthefednc.wordpress.com/

Profit From Investment Newsletters What Does The $300 Billion Treasury Purchase Program Mean?
investletters.com/blog/what-does-the-300-billion-treasury-purchase-program-mean/

Communist Manifesto 10 Planks
www.libertyzone.com/Communist-Manifesto-Planks.html

A Year in Bank Supervision: 2008 and a Few of Its Lessons
www.fdic.gov/regulations/examinations/supervisory/insights/sisum09/bank_supervision.html

Baghdad’s water still undrinkable 6 years after invasion
www.opednews.com/populum/link.php?id=85658

Current U.s. National Debt:

$36,167,124,467,492

Source