In �Business as
usual � 9/11 and the fall of America�, I wrote, �speaking
of winners, include the five-year US Treasury Notes. They were bought in
unusually high volume before the attack. The buyers realized sizable increases
in the Notes� value after the attack. But this is business as usual again.� In
subsequent searching I came upon a staggering statistic on who made the largest
amount on US Bonds: "What
one group was holding tens of thousands of short positions going into 911 that
reaped about 250 billion dollars in the blink of an eye? Hint! Begins with a G
and ends with a T." It was the United States government.
This comes from the
(linked-above) article, �Who made the AA �Put� Options The Days Prior to 911?�
The title was a query from writer John Kaminski. The response was written by Walter J. Burien, Jr., a mystery himself, if not a
financial wizard. He also mentioned that on the �morning of 911, US Bonds moved
in 3 to 4 minutes by 1.5 points back and forth three times or $1,500 per
contract in seconds three times in less than 4 minutes.� If that makes your
head spin, try this . . .
traders trade in blocks of 500 to 3,000 contracts. Daily transactions are
350,000 to 400,000 contracts traded. The bond market trading was suspended
about one half hour after the attack. When it reopened it moved in several days
by 5 points. Someone holding 1,000 contracts would have reaped five million
dollars using one million. International and domestic stock index futures would
have reaped over fifteen million using one million. Guess who made the biggest
killing on short international and domestic stock index positions?� Well,
you�ve got the answer to that one.
short-selling is really, as Burien points out, the ability to sell the market
(i.e. price of a stock or bond, etc.) �short� (for less than its value at the
time) on paper, that is, even if you don�t own the stock, commodity, currency,
bonds, etc. By using what are called �derivatives,� you can actually manipulate
Now that preceding
short sentence contains an enormous principle with enormous consequences. You
can sell a put option (that the stock will go down]) or a call option (the
stock will go up) let�s say for a $100 without actually owning it. If the
market goes in your favored direction, you liquidate the option at $50 and make
$50 on your �short option.�
This not only turns
the market into a gambling casino, but it gives people who have the ability to
control the wheel of events that could cause up or down ticks an enormous
amount of power to enrich themselves, in this case the United States
government. As Burien points out, �A monopoly (Such as: US Composite Government
Funds) controlling the swings in the markets will reap unheard of profits on
each and every dramatic swing. . . ." It�s also a reason to misspend
however much they desire, because they have an enormous and invisible income
the overall government investment funds to be in the trillions of dollars, with
less than 450 managers controlling 80 percent of the revenue. Yet they all, as
he puts it, �subscribe to the same newsletter, and discuss strategy at the
club.� In fact, Burien quotes retired Fedmeister Alan Greenspan from the Wall
Street Journal in 2000, who said he was �concerned about the eighty (80)
trillion dollar international derivative market.� Concerned? He should have
asked the SEC to outlaw it. But then why would the government slaughter its own
huge cash cow?
Short-Selling to Control the US and World
Again Burien points
out what Greenspan didn�t say was that �the composite US Government investment
funds were the primary user, player, manipulator, and profiteers within that 80
trillion dollar derivative market. The government investment funds are
professional short players with no equal in opposition.� Is that really what we
want the government investment managers doing, short-selling the American
economy to take in hundreds of billions every year for the last 30 years? They
certainly aren�t suspending taxes because of it.
In fact, since the
government controls economic reports, not to mention media coverage, and wealth
(your and my and everybody else�s wealth), they can �fix� the economic
environment to profit enormously while everyone else is going down the drain.
For instance, Burien mentions that in the three months prior to 9/11, they
�increase[ed] their short positions to the largest diversified short positions
ever held by them.�
The government, in
short, is playing us, not just the economy. Our assets constitute the economy,
mega biz-man or working stiff or retired senior living on Social Security. By
the way, its Trust Fund [excess of income over yearly pay-outs] is invested to
keep it healthy, solvent. If you�re at the bottom of the work force, skating
around poverty, this short-selling could land you in the middle of it.
Burien notes, �as the market dove lower and lower, in a quick yo-yo fashion,
the government investment funds through the use of derivatives transfers that
wealth into their management accounts and hands . . ." So, even though
government investment portfolios take a dive on their actual stock holdings,
their �derivative� profits, the betting sideshow, will by far offset the
losses, or even yield a net profit on losses overall. But you won�t see these
profits. They�re gone, as mentioned, via cash withdrawals and transfers to look
like operating losses. What you�ll see is a hole in your portfolio, in your
wallet, in your economy, in your government�s ability to sustain social or
So, bottom line
you, the public, provide the cash, i.e., liquidity, and the substantial US
government investment funds have the absolute financial control. In fact,
Burien points out that �any commodity, International Stock market, or corporate
complex�s value can be strongly suppressed or over inflated for years by a
monopoly using derivates,� that is, �controlled by paper transactions for
commitments to buy or sell without physical ownership of what is bought or
sold.� Now, if that�s not the greatest scam on the planet, I�m George W. Bush.
A truly scary thought.In fact, whether
prices go up or down, these guys stand to win, because they�re moving as a body, controlling the
game and raking in the winnings with their �derivatives� stick. So if we look
at who held the majority of �short� derivatives on domestic and international
stock index markets before 911, and then raked in more than a trillion bucks in
profits in just weeks from those markets� pursuant collapse, you would find in
that golden group the Shining behind 911.
How to Stop the Stealing
The hitch, Burien
points out, in finding out the Shining is that the government controls the
release of that info: the federal Securities and Exchange Commission and
Commodities Futures Trading Commission. They�ve got it locked up tighter than a
Chase safe. In fact, the airline shorting I wrote about originally is small
change next to this rake-off.
You would need to
be very connected in the financial community to produce what Burien calls �a
generic report,� one that did not violate brokerage and member houses�
nondisclosure agreements. But in all likelihood, even if some strong-minded
folk could produce it, �they would be dead,� Burien suggests. So anonymity
would have to be maintained as well in creating and releasing a �generic
report� with findings that government funds were derivative benefactors. The
resulting international public outcry would be deafening, as in a revolt!
Burien has the vision to see here is that government was/is preparing for an
uprising in America. So they created a patsy, a diversion, a far away enemy, to
distract the homegrown dissatisfaction. Since government circles run on the
greed factor, that greed has eaten into the body politic and has feasted on the
health and ethics of the people. And in some way, some part of the public
realizes that and wants change.
To counter that
vocal displeasure, the �derivatives� takeover of America�s wealth has happened
almost wholly on paper and through manipulating, as Burien says, the
�legislature, the judiciary, and Attorney Complex over the last 60 years, and
with the cooperation of the syndicated news media and education. With the
conquest being done by transferring the wealth on paper, the consequences for
the �takers� was virtually nonexistent!� And quiet.
It would take a
court order from a competent jurisdiction to pry open how government investment
funds are handled by private managers. Management basically waves enforcement
nondisclosure rules when it comes to handling government funds. An intentional
cover-up on any emerging disclosure would look like the highest form of
Burien, �The showing of derivative transactions both on the domestic and international
fronts would burn the government�s fa�ade alive. Based on the fund tracker,
government fund accounts were holding their largest short positions �ever�
going into 911.� As always, while everybody�s looking at planes, hijackers,
politicians, falling buildings and the like, it comes down to �following the
money.� Once the trail is exposed, it�s a whole new ballgame.
But the current
�players� don�t want a revolt on their hands, despite the fact that they�ve
been playing us for some 60 years. They would and are working towards a country
absolutely controlled, tight as a drum. And they will get even more vicious as
they are cornered, like the �wounded animals� they are.
Who Is Walter Burien?
As to Burien, you
may be wondering who he is. According to the brief resume in his article,
Walter Burien (AKA:
Bubien) was a CTA (Commodity Trading Advisor) of 14 years (1978-92).
He was National
Sales Manager: US Trading Championship Money Managers Verified Ratings 10
years. (1982-1992) Tenant - 1WTC, NY, NY 1979 � 81.
He also lists a
video release (not clear if it was his or one in which participated) on
12/12/03 TNT (The National Tea-Party) Self
Sufficiency in Government �Without� Taxation.
Somehow, two years
later, he was �held captive by forced
incarceration from 11/23/05 - 01/08/06.�
The titular reason
for Burien�s jailing involved a long-standing custodial case, concerning his
son Walter, Jr. Perhaps it was used as an opportunity for reprisal regarding
his observations on short-selling and the US government and/or the elimination
of taxation in the/his video.
It also seems as if
he could use a first-rate battery of lawyers to protect his civil as well as
whistleblower rights. The story of his jailing is at his website http://CAFR1.com.
His website also contains some brilliant observations on CAFRs, the
Comprehensive Annual Financial Report of every state in the union for a number
of years. The federal government also produces a CAFR annually.
Burien�s email is WalterBurien@CAFR1.com.
Regardless of the vagaries of his custodial case, it is my contention that
Walter Burien is a fearless and brilliant patriot under fire. I personally
thank him for his information and insights into short-selling America. This is
another terrible business as usual.
Jerry Mazza is a
freelance writer residing in New York. Reach him at email@example.com.