Leo Wanta Update: Who is Christopher Story?

As I mentioned before, there are 3 people involved in the Leo Wanta story, Wanta himself, Michael C. Cottrell, and Christopher Story, an editor for a journal titled the International Currency Review. While I am pretty convinced this whole thing is a hoax, I am still not sure what the objective is, so I have been trying to figure out who these people are. I even e-mailed Cottrell, asking how I could get a copy of his thesis, but received no response.

Story, much like Cottrell, has been on Greg Szymanski's radio program several times, making the some ridiculous claims and accusing the same international powers of involvement in this conspiracy. One of his biggest themes is that the mainstream media refuses to pick up the story. He is correct in this, I can still find no references to either Story or the Wanta story, by any mainstream souce. The fact that there is no substantiation for this tale, however, appears the mostly likely explanation.

The International Currency Review, oddly enough, doesn't have its own website, but shares one called World Reports with other periodicals run by Story such as Soviet Analyst and Economic Intelligence Review. This publication is presented as a serious financial journal, with a rather steep pricetag of $525 a year, but it has been rather difficult to find out much about it.

I am a graduate business student, so I looked it up at our library, the University of Washington library has one of the largest collections in the world, and was actually able to find the ICR in the stacks. They only carry it from the early 70s to 1995 unfortunately. Looking through the articles, it appeared to start out as a legitimate financial journal, with mundane articles on currency exchange and monetary policy, but starting in the early 90s began focusing on paranoid Cold War/Illuminati/Vatican conspiracy theories, many of which are reflected on Story's website.

Soviet Analyst remains the only reliable intelligence publication in the world that is devoted exclusively to the Soviet Leninist dimension of the continuing dialectical World Revolution (the Thesis) and to the systematic exposure of the continuum of Soviet strategic deception and revolutionary antagonism towards the international community. The Antithesis to this state of affairs is the proactive World Revolution stance of the United States — a revolutionary power by definition — the agenda of which is inscribed upon the Great Seal of the United States, a fact of which almost everyone is ignorant. The year 1776, inscribed upon the bottom of the incomplete geomasonic pyramid on the Great Seal, which is replicated on the familiar $1.0 note, is the date not of the foundation of the United States, but of the publication by the lapsed Catholic priest-promoter of the Illuminati, Professor Weishaupt of Ingolstadt University, of a dark treatise on the ‘New World Order’. Soviet Analyst positions the essentially self-standing Soviet ingredient of today’s World Revolution within the context of this evil revolutionary dialectic. Successive issues of Soviet Analyst have exposed dimensions of continuing covert Soviet strategic deception operations — which the United States is at last having to face, having woken up, for instance, to the fact that the insurgency in Iraq is being directed by Soviet Military Intelligence (GRU). We have exposed the true identity of Mikhail Gorbachëv, too.

This probably explains why the library stopped carrying the journal. Why waste $525 a year of the taxpayer's money?

A check of all the databases, academic, news, and financial comes up with a complete blank. Google Scholar show similar results, a few citations in the early 1970s, dwindling down to nothing.

So who exactly is Christopher Story? Well unfortunately I could not find out more, but he doesn't appear to have any more credibility than the other characters.

Some Strange Turns in the Wanta Tale

Greg Szymanski writes on his website that the Treasury Department, to no ones surprise, denies Secretary Paulson was arrested. He also goes on to state this:

"Like many others, I was perplexed that nobody had much to say on the matter, not even a peep about it on Rense. A bunch of skeptics on "Amazing Randi's" blog all said it was a bunch of bull, without bothering to do any investigation.

I was actually the one, who started this thread, not at the James Randi Educational Forum, which he incorrectly titled a blog. I e-mailed Szymanski and asked him to take a look at my blog, and apparent lack of investigation, but have received no response.

Christopher Story adds to this tale, in a rather long and meandering post reminiscent of "A Beautiful Mind" in which he claims that Secretary Paulson took off for Israel. I guess if you have the Vatican involved, you need to get the Jews involved somehow. You wouldn't want the anti-Semitic conspiracy theorists to feel left out.

Paulson must not have stayed long though, because he is scheduled to meet with the Japanese Finance Minister today in Washington.

Story than gets even more bizarre, when he starts attacking Greg Szymanski, who along with John Stadtmiller were the only people covering this.

A radio talk show host, Greg Szymanski, who has been vacillating for months, has taken it upon himself to imply that the information about Paulson's arrest, affirmed by Michael C. Cottrell, M.S. and based upon sound intelligence, is a lie - Szymanski's 'evidence' being the say-so of some previously unheard-of alleged Treasury official or other. Since Szymanski is now de facto accusing Mr Cottrell of lying, the following information unfortunately has to be placed on the record right now.

I am not sure where he is getting this though, Szymanski did disagree as to who is responsible, but I have never seen him challenge the actual story.

Further, Arctic Beacon and World Reports differ on who are the real culprits behind the scene blocking the Wanta settlement, the Arctic Beacon questioning Vatican horseplay while World Reports saying this is out of the question and preposterous.

"This is really the only place that Christopher Story and I differ," said the Arctic Beacon editor. I know he has quested my intentions when I brought up a Vatican connection, but I can assure everyone I have only been trying to search for the real truth behind the Wanta story ever since I began communicating with Leo about a year and a half ago.

Having covered 9/11 conspiracy theorists extensively at Screw Loose Change, this is pretty typical. Those who believe the Jews did it inevitably begin attacking those who think it was Bush, who are of course considered shills by those who think it was the shadowy New World Order.

Story also slips up, when he "quotes" a lawyer from Nebrasks who is supposedly representing Wanta. First of all, if this guy is really worth $70 trillion why does he get his financial and legal representation from Erie, Pennsylvania and Omaha, Nebraska? The lawyer, Thomas E. Henry, goes on to state:

There are current rumours that Germany is questioning the intent and reason that Secretary Paulson is stalling completion of required tasks. It does not appear far-fetched to proffer that continued delay could have impact on the US Dollar and such impact has direct implication on national security.

How rather odd that Story, who is English, would post a letter from a Nebraska attorney, which uses the English spelling of "rumour", rather than the American spelling "rumor". It must be a typo...

More On the Wanta\Paulson Story

I have been getting a fair amount of incoming links on this story, with people asking whether it is true. In my humble, but informed, opinion, no it is not. Please read the extensive research on the Wanta story which this is based upon, it is not credible for a variety of reasons. Humorously one guy linked to me, only to add an edit that he had discovered I was not "reliable" because of my previous posts on Wanta. Yes, if you want me to uncritically accept any rumor printed over the Internet, I am not reliable.

Word Reports, the website run by a man named Christopher Story, has argued with quite hilarious circular logic that this story is true because he said it is. Others have argued that it is credible because Paulson was in fact in Germany last month. This is an entirely circular argument though, because the only reason they know that, was because it was easily searchable on the Internet anyway, this was not a secret.

Dec. 21 (Bloomberg) -- U.S. Treasury Secretary Henry Paulson met with German Chancellor Angela Merkel in Berlin today to discuss priorities for the Group of Eight leading industrialized nations, which Germany chairs throughout 2007.

They also argue that Paulson has not been seen in public recently. Well Story conveniently made up this story over the holidays, most of the government has not been seen in public recently. This proves nothing. When Paulson does show up after the holidays, we will hear all sorts of creative stories explaining his reappearance.

In addition to the Wanta part of it, there are several reasons why this story is not credible. First of all, the International Court of Justice, does not handle cases like this. They handle disputes between nations not individuals. Secondly, this has been reported by no other source than Story, who is using it to try and sell $525 subscriptions to his publication.

We are a UK commercial organisation and we will NOT provide free copies of these issues. We will accept and fulfil bona fide subscription/special issue orders.

I have searched every source available, not just Google News, but expensive databases such as Factiva, and Lexis/Nexis. This has not been reported by any other source. Conspiracy theorists will argue that this is a sign of a coverup, but it boggles the mind that a story of this magnitude could be withheld from every news source in the world, even in the country which managed to arrest him in the first place!

And lastly, Story's story is not even internally consistent. He says that Paulson was arrested on the 23rd or 24th (which is it) but then says he has already been sentenced, even before the witnesses have been called.

He has been sentenced to severe penalties [see below].

Yeah right, you try getting something done that quickly in Europe over the holidays.

The Christopher Story Fan Club

Chris Story, who still hasn't served me with that libel suit, is no longer even trying to pretend he has any evidence, and is trying to backup his story by posting admiring letters to himself, or as he terms them "testimonials on Leo Wanta's courage". I am not sure what they are supposed to testify to, what is the merit of swearing to the validity of something which you have no actual knowledge of? Outside of the Wisconsin law enforcement community, you would be hardpressed to find someone who could even pick him out of a lineup.

The praise heaped upon Story is only exceeded by the adulations upon Wanta himself, who apparently, much to dismay of Greg Szymanski is on the verge of being beatified by Benedict XVI (OK, that part was sarcasm).

A number of attempts were made to murder the Ambassador, starting with the poisoned cheese in the Swiss dungeon, and followed by assaults in the various jails he was sent to in the US GULAG, plus no less than four attempts to have him certified insane. Throughout this ordeal, Leo Wanta displayed courage and fortitude, as well as a simple faith in the Lord Jesus Christ, which has no parallel in the personal experience of the Editor, and will astonish everyone when the full story is told. Therefore, when reading the Leo Wanta-related testimonials below, please transfer the kind remarks made about the Editor, to Ambassador Leo Emil Wanta, the greatest and most brilliantly distinguished American patriot of our time.

He even inserts the following as commentary into one of the letters:

[Comment: No, that accolade is reserved exclusively for the greatest God-fearing American patriot of our time, a man who has suffered without a cause at the hands of these criminals, who are now scared stiff and on the run. That accolade cannot be shared by anyone else! CS].

I think he is on the verge of having to follow every mention of Wanta with some blessing, much like devout Muslims say "Peace be upon him" after every mention of the Prophet Mohammed.

My favorite testimonial would have to be:

"You are to be applauded for your seamless righteousness in the face of clamorous Internet attacks against you. Numerous so-called 'patriotic' organizations exist today in the United States and throughout the world. Only a few of these organizations have been willing to report your story... The paid-for 'mainstream' media is useless. Individuals throughout the world credit your intelligence... which you have so kindly put where all can see".

– Claudia Treacey, 14 January 2007, Indianapolis, USA

Now considering that I am the only one who has been writing about this at length, I guess that would make me "clamorous". Wow, I didn't know I was so important. I wonder if I can put that on my resume?

I Guess I am off Chris Story's Christmas Card List

Christopher Story, the guy who is promoting this whole Wanta thing from his website, is a bit upset at me and suggests legal action:

'USEFUL IDIOTS' ROGUES' GALLERY: We have been overwhelmed with upportive, and many kind and complimentary, emails from all over the United States ('The Main Enemy') and from other parts of the world. A number of unpleasant 'Useful Idiots' have, however, seen fit to send us emails containing (in one case) filthy language, and a number of operatives and disinformation fools whose noses are out of joint have been posting lies and even libellous observations. One such individual, calling himself James B, from Bellevue, WA, is disseminating libellous statements which, given that they are distributed in the United Kingdom, may be subject to legal redress for libel in the English Courts, where the law of libel is much more stringent than in the United States. The circuitous argument this 'Useful Idiot' uses is the familiar, facile one that 'because it's not in the mainstream media, it is likely to be a hoax'. The mainstream media are under massive pressure both to cover up this ongoing crisis and, at the same time to 'break ranks' and join us in exposing it.

The 'mainstream' has been caught short by the Internet and is losing support both in the United States and Britain, as a consequence. We have certain information that substantial 'funny money' payments have been made to certain news outlets, and when 'further and better particulars' about such payments become available, the information will be published on this site.

Finally, we will, at the appropriate time, expose all those who have chosen to send us rude, crude, libellous and otherwise lazy and reprobate emails, so that they come belatedly to realise where the truth lies and that it is they who are dupes. When one is tested like this, one discovers who one's true friends are: and the experience, to put it mildly, has been enlightening. Happy New Year!

First of all, my argument is based on much more than the fact that this has not been reported in the mainstream media. Secondly, this is not even a "circuitous argument. It is pretty straightforward, this story is backed by no credible evidence and makes no sense. You can't get much simpler than that.

As far as libel, I am not an expert on English law, but I do know it is a requirement that libel be based on knowingly spreading false statements. Unfortunately for Mr. Story he cannot point to a single false statement that I have made. In fact he has failed to address any substantive arguments I have made. It is no surprise that he mentions me on his site, but neglects to link to me. I suspect he is concerned about people reading the argument. I have in good faith, and with great depth analyzed this story, and found his story to be extremely suspect. Even in the unlikely outcome that he turns out to be right, I did not knowingly lie about him, or anyone else.

Sorry, you are going to have to find someone else to intimidate.

More Wanta Nuttiness

Christopher Story continues his story telling. Bizarrely he has individual members of the Supreme Court involved:

Bear in mind also that the two International Court of Justice Judges who are supervising this clean-up are joined by Associate Justice of the Supreme Court Sandra Day O’Connor (for the Republican Party) and Associate Justice Ruth Bader Ginsburg (for the Democratic Party). Contrary, therefore, to assertions from British MI5 sources retailed to us last year that ICJ-related arrests could not take place in the United States, the participation of the two US Associate Justices validates relevant ICJ arrest warrants’ application in the United States: hence Dr Alan Greenspan’s incarceration, which immediately followed allegations that Dr Greenspan and others may have inserted a glitch into the codes in mid-June, preventing ‘payment’. It is understood that Dr Greenspan may nevertheless still have a ‘hold harmless’ agreement containing a clause guaranteeing him a Presidential Pardon in the event of his being exposed as implicated in Wantagate (which he has been).

Supreme Court justices of course do not have political affiliations, nor do they supervise such activities. The International Court of Justice, as I have pointed out previously does not handle criminal cases, and thus has no authority to arrest anyone.

Incidently, Alan Greenspan who Story claims was arrested, despite nobody noticing, continues to appear in public:

July 23 (Bloomberg) -- Former Federal Reserve Chairman Alan Greenspan said financial markets are benefiting from a ``one shot'' flow of savings from the developing world that is about half-way over.

Foreign savings have ``created this liquidity we are seeing,'' Greenspan, 81, told the Building Owners and Managers Association's international conference in New York. ``It is not permanent. It is reflective of a one shot thing. I'd say we're about half-way through.''

But other than his story being preposterous, counter to every observable fact, and completely illogical, there is nothing wrong with it...

Wanta Nuttiness Reaches Fever Pitch

It is rather amusing how Christopher Story writes these dramatic articles regarding how the Wanta saga has the world economic interests on the edge of their seat, but then the story gets absolutely no interest outside of the shadowy regions of the Internet, and people like me who just like laughing at them. In fact Story even claims that the "Greenspan arrest" was intended as a distraction:

We stand by what we have posted on the jailing of Dr Alan Greenspan, but we are not yet further informed as to what has happened to him since that event. What we have now been told is that the jailing of Dr Greenspan has been exploited by Cheney-controlled MK-ULTRA-style disinformation specialists as a diversionary ploy to get people running around crazily looking for the wrong fox.

Uhh, but just who is paying attention? Look at a google search for "Alan Greenspan Arrested". Story is getting so few people interested in his article that his World Reports website isn't even on the first page. And in fact the number one hit is... me. No wonder he wanted to sue me.

More On the International Court of Justice

Despite Christopher Story's paranoid rantings to the contrary, I am not a "useful idiot", and I am not on some type of mission to defame him and defend the powered elite. My opinions and writings are those solely of myself. I found this an interesting topic to write about, I have an academic background which allows me to make an informed opinion regarding it, and I have chosen to research and posts my findings.

It is not my fault that my findings do not support this story. If any of my research has been faulty, please let me know. The fact that my postings have received a fair amount of attention, apparently by Mr. Story himself, and not one person has challenged a single fact, indicates that my research has been correct. The more research I do, the more confident I am in my conclusions.

Now here is one more example, I mentioned previously that the International Court of Justice does not handle cases of this type. Well it turns out that not only is this true, but they list the cases they do handle. Nothing involving this case is listed.

Now aside from the angry opinions of Mr. Story, can anyone find a single item backing up this wild Wanta tale? If you can, please let me know.

Greenspan Escapes

When last we reported, Christopher Story had been discussing the arrest "without bail" of former Fed chief (no relation to yours truly) Alan Greenspan as part of the affair de Wanta. Now Story continues to update this inanity.

UPDATE: 27 June 2007: The Editor has now received written confirmation that TWO Group of Eight intelligence sources have CONFIRMED the previously reported incarceration of Dr Greenspan. The original sources of this information were Gold Badges who are in contact with the Ambassador and Michael C. Cottrell, M.S. By definition, Gold Badge information cannot be elaborated upon. Be it known, therefore, that the Editor holds TWO written statements concerning the accuracy of our report on the jailing of Dr Greenspan being confirmed by these TWO SEPARATE G-8 intelligence agencies. The second intelligence source confirmation was received by the Editor this morning. We cannot elaborate any further BECAUSE WE HAVE REPORTED ALL THAT WE KNOW.

Well of course, everyone knows Gold Badge information cannot be elaborated upon. How could you even suggest something so silly? Of course the source of this information was Sir Leo Wanta and Michael Cottrell M.S. (as an aside, I now insist that everyone must refer to me in print as James Bennett M.B.A).

One thing I missed before though. Story insists that Greenspan was arrested the week of June 15th "without bail", but before posting that he failed to notice that he made a public speech the following week. He must be using Paris Hilton's lawyer...

Chris Story Finds Religion

Christopher Story, in his latest Leo Wanta pseudo-update, doesn't even bother trying to fake presenting actual evidence, instead he indicates that he missed his true calling as a evangelist on cable TV to instead edit an overpriced journal spreading silly financial rumors:

NOTHING NEW UNDER THE SUN: SEE BELOW

In the meantime, we display below the pertinent quotations from Scripture and other sources that have been appended to these reports recently, augmented by two new Scripture quotations. The point of these citations, self-evidently, is that they are ALL precisely pertinent to the Wanta case. They may also serve as a reminder to those perpetrators of Jewish extraction as to how far they may have strayed from the glorious tradition and enlightenment of their age-old community:'

YE SHALL NOT STEAL, NEITHER DEAL FALSELY, NEITHER LIE TO ONE ANOTHER'. Leviticus, Chapter 19, verse 11.

'THOU SHALT NOT BEAR FALSE WITNESS AGAINST THY EIGHBOUR'.Exodus 20, verse 16.

'THOU SHALT NOT DEFRAUD THY NEIGHBOUR, NEITHER ROB HIM'.Leviticus, Chapter 19, verse 13.

Yeah, OK. You might want to keep that in mind the next time you try spreading a story about being able to pay $24 trillion a year in taxes to the IRS.

Alan Greenspan on the Run

Christopher Story continues his Wanta nuttiness, claiming the imminent arrest of even more personalities. Meanwhile, Alan Greenspan, who supposedly is being held without bail still manages to make appearances at posh restaurants with his wife, NBC reporter Andrea Mitchell. And yet I still get idiots posting on here that the story could be true...

The End Game

Christopher story has to continually come up with stranger and stranger excuses to explain why Leo Wanta has not received the mythical $4.5 trillion due to him. Now apparently there has been a near coup in the US government:

Specifically, on Thursday 1st February, Cheney corruptly negated the authority of US Treasury compliance staff, preventing them from activating the prearranged banking codes and remitting the $4.5 trillion at last to the ambassador’s securities account.

CHENEY COUNTERMANDS EXPLICIT INSTRUCTIONS OF THE PRESIDENT

In so doing, he countermanded the signed bank instructions of the President of the United States himself, representing an act of treason which probably has no historical precedent. This arrogant man appears to be running rings round President Bush Jr., who may or may not realise that Cheney, like Paulson, has been thumbing his nose at the White House for his own personal gain.

Prior to the arrest of US Treasury Secretary Paulson, we predicted that his rrogance would lead to a dramatic fall: and this duly happened. We now predict that Vice President Richard Cheney is heading for an even more humiliating stumble, and, having delayed his resignation, may find that his official colleagues turn sharply against him.

Dramatic fall? Paulson is doing fine, although he did get grilled in front of the Senate this week over China's currency policy.

Story now involves the Bank of England:

Investigators informed us at 3.00 am UK time on Friday 2nd February that enormously large dollar movements out of the United States to a ‘back room’ operation at the Bank of England, which functions round the clock, have been monitored. The Bank of England office is issuing short-term loans with interest rates starting at 25%, the informed New York financial sources tell us. These loans represent bridge (or ‘gap’) loans to large businesses.

Wow, 25% is higher than my credit card. Maybe they can a loan from ditech.com or something?

Even more bizarrely:

U.S. HOUSE BILL TO ABOLISH THE FEDERAL RESERVE
The US House of Representatives has a Bill to abolish the Federal Reserve (see previous postings) which had been expected to be approved on 1st February. The House appears to have refrained from voting on this Resolution, raising suspicions of collusion with the Cheney-directed (OMEGA OPS) conspirators, to enable further fiat money to be generated from Wanta’s funds pending the Fed's abolition – following which the Treasury will assume central banking functions.The House Bill [HR. 2778] contains a schedule for phasing out the Federal Reserve, details of which, like the Bill itself, have not yet been disclosed.

Somehow this was left out of my issue of the Wall Street Journal.

Backwards Logic

I wasn't sure if I was going to post on this, mostly since this guy is getting repetitive, but a reader pointed out how humorous it was. So here it is, another interesting use of logic, from Christopher Story:

And isn’t it amazing that some critics seem unable to comprehend the reality that sensitive information such as we have published cannot possibly be posted unless it is true? Surely, a higher Degree in Logic and Philosophy is not necessary in order for the stark simplicity of this fact to be understood, even by those who remain confused?

This isn't even the first time that he has used this warped logic, from a previous post.

Intelligence on this subject which diverges in any way from what is posted on http://www.worldreports.org/ is by definition unreliable and cannot be trusted. It should be checked against our postings for veracity. Detailed information is available in International Currency Review [see website for further details].

So remember, anything he prints must be true, anything which contradicts it must be false, because.... well it just does.

Hilariously he also claims in this post:

The fact that the ‘mainstream media’ has to a large extent irresponsibly stuck its collective head in the sand, has been irrelevant for months. Our last posting was reproduced at least 20 million times within 24 hours, and our website hit rate has gone through the roof. As one correspondent has noted [see TREASONGATE UPDATE: OUTPOURING OF SUPPORT, 17th January 2007], isn’t it interesting how those who protest most loudly at the deceitful silence of the ‘mainstream media’, seek the ‘mainstream media’s' confirmation of what we have published?

That is odd, because a google search for the title of that posting "TREASONGATE UPDATE: OUTPOURING OF SUPPORT", returns a grand total of 5 hits, 1 of which is Story's own site. The last I checked that was well short of 20 million. I guess his demonstrated math skills explains the whole $70 trillion thing...

Another Nail in the Coffin of the Christopher Story Story

From the excuse published on World Reports explaining how Secretary Paulson showed up at the funeral of President Ford (emphasis added):

2nd January 2007: Henry M. Paulson appeared late at the National Cathedral service for the late President Ford, and took a seat behind Nancy Reagan and next to Secretary of State Condoleeza Rice. US and British sources inform us that Paulson was exfiltrated from Europe on a British plane.

A picture of Paulson, Condoleeza Rice and President Carter taken by Reuters the same day:
















OK, the photo doesn't add much. But read the caption (emphasis added):

Former U.S. President Jimmy Carter (R) talks with Secretary of State Condoleezza Rice (L) and Treasury Secretary Henry Paulson (C) before the funeral of former U.S. President Gerald Ford at the National Cathedral in Washington January 2, 2007. REUTERS/Jim Bourg (UNITED STATES)

So he was late, was he?

Looking Quite Spry for a Dead Guy

Despite Christopher Story's insane rants that he had been assassinated, Hank Paulson still managed to give a rather pessimistic speech on the economy today.

Treasury Secretary Hank Paulson also predicted slower growth in a speech on Monday and said that there was no simple solution to the US housing market crisis.

The Bush administration is considering an economic stimulus package that could include tax cuts to prevent the economy from falling into a recession.

Mr Paulson said no decision had been made.

"The administration is focused on what steps might be taken to further strengthen the economy," Mr Paulson said.

Odds that the Leo Wanta nuts will realize how stupid they have been for the last couple of years, zero.

It's the End of the World as We Know it...

And I feel fine. Christopher Story lists all of the things that will happen if the fake Wanta money does not come through. Of course he has been saying this for a year, and no ill effects have been felt. Not to mention that he has also not come up with a shred of evidence:

FUTURE OF THE WORLD WITHOUT THE WANTA SETTLEMENT

Such sources of unnecessary delay are being overcome, but there is no time left and the tinkering has to stop. Everything is taking longer than anticipated, and time has run out. Quite simply, either the Wanta Settlement is completed (nearly 14 months late), or:

• The Euro System will disintegrate as:

• The US dollar continues its collapse and the Euro goes through the roof;

• The United States’ de facto world empire will collapse;

• The United States, reliant on ‘just-in-time’ delivery having allowed its industrial sector to be hollowed out, will be unable to manufacture anything much, since it will remain dependent on imported components which, given the collapse of the US dollar, and the refusal of foreigners to continue buying US Treasury securities, it will be unable to afford;

• Foreign predators will buy up remaining US assets at fire-sale prices;

• Foreign predators will buy up remaining UK assets at fire-sale prices;

• The United Kingdom – the underlying macroeconomic numbers of which are worse proportionately in many respects than those of the United States, following the gross mismanagement of Britain’s finances by Gordon Brown – will be reduced to penury: it has virtually no international reserves, a small productive economy, a colossal services economy, a huge parasitical public sector, and depends for its solvency on the City of London, which will be decimated in the crash;

• The British economy will be flattened anyway, as sterling paradoxically goes through the roof, as it is now doing in parallel with the US dollar’s decline, and because Britain’s macroeconomic data have never been worse;

• Householders with excessive debt will suffer excruciating consequences;

• Equity prices will implode worldwide;

• Derivatives values will go to zero (literally);

• The prices of all exotic financial products will follow;

• Financial institutions will disintegrate overnight;

• Central banks will be unable to handle the situation, yet will panic, printing money on a scale with no precedent (if they have time, which is unlikely);

• Unemployment will soar around the world;

• The Chinese economy will collapse, with 40% of its state-owned enterprises currently continuing to make losses and its foreign markets disintegrating;

• The East Asian economies will experience conditions that will be liable to throw some of them back to pre-industrial living standards;

• Germany, with its huge derivatives exposure, will be severely impacted, and has no defence against predatory hedge funds seizing control of vast swathes of the German economy – just as predatory German organisations have acquired strategic holdings amounting almost to a political stranglehold of the British economy in recent years;

• Germany’s secret DVD-driven long-range hegemony strategy will crumble;

• The southern European EU ‘Member States’, decimated by the artificially high Euro, will exit the socialist European Union Collective one after the other;• Africa will be abandoned and will become a continental Zimbabwe;

• Latin America will be able to export more given the linkages of its currencies to the collapsing US dollar, but in the context of global conditions life will not be easy. Very severe financial problems will inevitably overwhelm the entire region;

• Rates of inflation will soar into the 20s, and will rapidly reach hyperinflationary
levels in some countries, with escalating inflation trends liable to be curbed only by declines in Gross Domestic Product, as in Argentina some years ago;

• There will be no bolt-holes for ‘funny money’;

• Holders of stolen gold will probably be 'liquidated’.

• Soup kitchens will sprout everywhere (as we warned on 2nd September last year [see Archive]: no-one was listening).

And on that note, I am going on vacation. Later.

Christopher Story's Violent Fantasies

OK, making up myths about missing trillions is one thing, but fantasizing that they have been shot is just creepy. How long before this idiot goes John Hinckley on us?

U.S. TREASURY SECRETARY PAULSON SHOT IN THE CHEST AT CLOSE RANGE

On or around Friday 28th December 2007, Henry M. Paulson Jr., Secretary of the US Treasury, was shot at close range in the chest. He was reported to be in a critical condition on New Year’s Eve, and was thought unlikely to make it overnight. At about 7.00pm UK time on 1st January 2008, Henry Paulson was still alive, with the bullet lodged in his chest. Sources stated that he was too weak to be operated upon, which implied that he was thought unlikely to survive.

The US Treasury Department’s Public Engagements Schedule, published on the official Treasury website by the Press Department, stated: ‘No events Currently Scheduled from December 22 – January 4’.

CLOSE AIDE OF VICE PRESIDENT CHENEY SHOT DEAD POINT BLANK

On Saturday 29th December 2007, a close aide of Vice President Richard Cheney, in his mid-40s, was shot at close range in the chest, and died.

ACTUAL NUMBER OF U.S. HIT LIST TARGETS IS KNOWN

A list of 127 senior people in the United States alone who have been targeted for assassination, is reported by reliable sources to exist.

Update: Paulson must be made of sturdy stuff indeed, because he is already scheduled to be back on the lecture circuit:

Treasury Secretary Paulson to Deliver Speech on Capital Markets and Economy
Washington, DC -- Treasury Secretary Henry M. Paulson, Jr. will deliver a speech on Monday in New York City at an event hosted by the New York Society of Security Analysts. He will discuss the recent developments in the capital markets and their impact on the economy.
What: Speech on Capital Markets and the Economy
When: 2:00 p.m. (EST) Monday, January 7
Where: New York City - Location TBA
Note: Media interested in attending should RSVP to press@nyssa.org.

Help, Help I am Being Repressed!

The problem Christopher Story has with his continuing Leo Wanta nuttiness, is he keeps on having to invent wilder and wilder stories to explain why is previous stories never ended up happening in the real world. In the latest chapter of this melodrama, he has the "unconfirmed" arrest of the US Army Provost Marshal, who when last we spoke was taking over the presidency.

We now have THREE reports to the effect that the Provost Marshal General was arrested or placed under house arrest at 6.00pm on Tuesday 20th November or on 21st November. We have a fourth report that the Provost Marshal General was 'fired', but as of 24th November, these reports are being backpedalled again, and we now have to advise that they cannot yet be confirmed. It was understood that his Number Two has taken over, but that cannot yet be confirmed either. The purge is thought to be being spearheaded by DOD Internal Affairs.

The Provost Marshal's arrest, if it actually took place (which is now uncertain again) will have reflected the fact that he failed on Tuesday 20th November to impose his will on the situation in accordance with his remit and oath as a commissioned officer, coupled with vigorous outside representations that decisive action along these lines needed to be taken immediately. Since the Provost Marshal General was present at, and a participant in, the corrupt round-table meeting in Washington, DC, at which Ambassador Wanta's unpaid prospective tax windfall payment of $1.575 trillion to the Treasury was being sliced up illegally, he has been in clear and gross dereliction of his duty, certainly warranting his immediate arrest, as we warned earlier. He could not have turned up at Citibank because he was engaged in gross, fraudulent and unconstitutional discussions at the Washington round-table conference. Hence his 'reported' arrest (as we flagged earlier).

I am reminded of the greatest contribution to the world of political science ever achieved in cinema. From the opening credits of Monty Python and the Holy Grail:

The directors of the firm hired to continue the credits after the other people had been sacked, wish it to be known that they have just been sacked.

The credits have been completed in an entirely different style at great expense and at the last minute.

Why Didn't They Just Hold On To Him the Last Time?

Ahh, the nuttiness that is Christopher Story:

U.S. JUDGE ISSUES A WARRANT FOR PAULSON’S ARREST PAULSON SERVED, SAYS HE WILL PAY, THEN FAILS TO DO SO
Sunday 2 December 2007 01:12

Alan Greenspan Arrested

It wasn't enough to just have Hank Paulson arrested (odd he keeps showing up in public) now Christopher Story is claiming that Alan Greenspan was arrested because of his involvement in the Sir Leo Wanta affair.

FORMER FED CHAIRMAN GREENSPAN IN JAIL WITHOUT BAIL

During the week ending 15th June 2007, ‘unspecified very senior officials’ in the United States were arrested and jailed without bail, in connection with corrupt financial operations exploiting the financial assets belonging to Ambassador Sir Leo Emil Wanta (1) as sole Principal.

The former Chairman of the Federal Reserve Board, Dr Alan Greenspan, who was in office when these illegal and corrupt financial scandals to the severe detriment of the American people, the US Treasury and the Ambassador were embarked upon, is among those in jail, and has likewise been refused bail. This is only the beginning of the belated sensational consequences of Wantagate.

Odd, anytime Greenspan sneezes the Dow drops 50 points, but somehow the Wall Street Journal and Reuters have missed this.