tyb's
Venezuela Cash Hoard Sinks Below $1 Billion With Gold Locked Up
-Total reserves at a three-decade low of just $6.61 billion. Limited liquid reserves may bode ill for food, medical imports.
Venezuela’s international reserves, already at a 30-year low, have hit a grim new milestone as cash holdings fall below $1 billion amid crippling economic sanctions.
Venezuela’s central bank now has only about $800 million left in cash and an additional $200 million of other liquid assets, according to three people with knowledge of the bank’s balance sheet. While the country holds some 73 tons of gold in local vaults, selling it has become increasingly difficult amid the U.S. efforts to cut off Nicolas Maduro’s regime from a global network of buyers, banks and middlemen. The shrinking coffers mark a new low for Venezuela, where an economic crisis rooted in the collapse of its all-important oil industry has been exacerbated by wide-reaching U.S. sanctions that have cut the nation off from international capital markets. A shortage of cash could threaten the Maduro regime’s ability to continue food subsidy programs, import basic goods and maintain support from top military officials.
Press officials for Venezuela’s central bank didn’t respond to requests for comment. A significant chunk of Venezuela’s gold, 32 tons worth about $1.6 billion, remains in London after the Bank of England declined multiple requests from Maduro to repatriate the gold. While the central bank is independent, the U.K. government doesn’t recognize Maduro as the country’s legitimate leader and says his regime shouldn’t have access to overseas assets. Total reserves fell by $832 million this month to $6.11 billion, the lowest since July 1989. The drop is largely due to cuts in cash holdings of Chinese yuan, one of the people said.
The reserves also include about $400 million of special drawing rights that are hung up at the International Monetary Fund, which has also shut Venezuela out. The country had already whittled down its SDR holdings from almost $1 billion in March 2018.
Opposition leader Juan Guaido has been recognized by more than 50 nations as Venezuela’s rightful president since early 2019, and the sanctions that have cut Maduro off from the global financial system are part of efforts to oust his administration.
https://www.bloomberg.com//news/articles/2020-01-17/venezuela-s-cash-hoard-sinks-below-1-billion-as-sanctions-bite
AZAZ0909 UC-35C Citation North from Clownsville into JBA
about $30b in off the books content commitments is all…
chek't
Pelosi, Isolep, Xamer, Re/Max
Now what makes me think these big names have anything to do with a terrorist financing MAZE and the disappearance of my grandfather's and great-grandfather's real estate empire? One is the untimely, in fact impossible, recording of the name of my grandfather's tax attorney and last Secretary in possession of the books of the family company, receiving or granting a Power of Attorney in Allen County, Indiana records four years after he was deader than a door nail. We all should know that all Powers of Attorney are extinguished upon death of their Grantee, and definitely are not possible to be given or received by a corpse.
Glen W. Bordner died in 1987.
On 12/23/1991 Paul Pelosi incorporated Isolep Enterprises in CA. The same day, my grandfather's dead attorney received Power of Attorney in Indiana and the Lincoln National Corporation of Indiana formed an alter entity in Delaware.
ISOLEP ENTERPRISES Entity Number: C1521500 Date Filed: 12/23/1991 Status: ACTIVE Jurisdiction: CALIFORNIA Entity Address: 235 MONTGOMERY STREET, SUITE 610 Entity City, State, Zip: SAN FRANCISCO CA 94104 Agent for Service of Process: PAUL F PELOSI Agent Address: 235 MONTGOMERY STREET, SUITE 610 Agent City, State, Zip: SAN FRANCISCO CA 94104
12/23/1991 910054910 BORDNER GLENN W TO POWER OF ATTORNEY
LINCOLN PROPERTY COMPANY MANAGEMENT SERVICES, INC Creation: 12/23/1991 Inactive: 5/8/1998 : Original Creation State: DE Other Names : 7/23/1992 LINCOLN PROPERTY MANAGEMENT SERVICES, INC.
There are a couple reverse spelled entities in the estate- Salta Insurance=Atlas Van Lines. Complementing the after death appearance of Bordner in associated with Isolep-Pelosi, there is a pre-death coincidence of Bordner receiving a satisfaction of mortgage on the day Xamer was created. For those who don't know, like Isolep-Pelosi, Xamer was the original Re/MAX.
XAMER FLORIDA, INC. Document Number H14901 Date Filed 08/02/1984 Status Active NAME CHANGE 09/14/2007 OLD NAME WAS : RE/MAX OF FLORIDA, INC. NAME CHANGE 11/17/1995 OLD NAME WAS : RE/MAX OF FLORIDA, INCORPORATED NAME CHANGE 11/27/1984 OLD NAME WAS : XAMER, INC
D 08/02/1984 840018594 BORDNER GLENN W TO RELEASE OF MORTGAGE
https://www.thomhartmann.com/users/leighmf/blog/2012/12/pelosi-isolep-xamer-remax
RONIN21 MC-12W into Canada- Liberty Intelligence, Surveillance and Reconnaissance (ISR) with a GAF Bombardier on the ground in Quebec
Russ Building
Russ Building San Francisco May 2014.jpg
Russ Building, 235 Montgomery St, San Francisco, CA 94104
Russ Building is located in San Francisco
Russ Building
Alternative names The Skyscraper
Record height
Preceded by Pacific Telephone Building
Surpassed by Hartford Building
General information
Status Complete
Type Commercial offices
Location 235 Montgomery Street
San Francisco, California
Coordinates 37.7912°N 122.4028°WCoordinates: 37.7912°N 122.4028°W
Completed 1927
Owner The Swig Company
Management Shorenstein Properties
Height
Antenna spire 132.6 m (435 ft)
Roof 127.4 m (418 ft)
Technical details
Floor count 32
Floor area 511,329 sq ft (47,504.0 m2)
Lifts/elevators 15
Design and construction
Architect George W. Kelham
Structural engineer H.J. Brunnier Associates
Main contractor Dinwiddie Construction
References
The Russ Building is a Neo-Gothic office tower located in the Financial District of San Francisco, California. The 133-metre (436 ft) building was completed in 1927 and had 32 floors as well as the city's first indoor parking garage. It was the tallest building in San Francisco from 1927 to 1964 and one of the most prominent, along with its 133-metre (436 ft) "twin", the PacBell Building to the south.
Upon completion, the building was iconic enough that Architect and Engineer wrote, “In nearly every large city there is one building that because of its size, beauty of architectural design and character of its use and occupancy, has come to typify the city itself … Today the Russ Building takes this place in San Francisco. By its size and location and by the character of its tenants the building becomes indeed—'The Center of Western Progress'.”
However, Manhattanization from 1960 to 1990 has shrouded the tower in a shell of skyscrapers, removing the tower's prominence.
The San Francisco Chronicle's architecture critic John King described the Russ Building as "the embodiment of Jazz Age romance, a full block of ornate Gothic-flavored masonry that ascends in jagged stages from Montgomery Street with a leap and then a scramble to a central crown". The tower is a California Historical Landmark.
Until the emergence of Sand Hill Road in the 1980s, many of the largest venture capital firms held offices in the Russ Building.
https://en.wikipedia.org/wiki/Russ_Building
so how else are you going to remove the trillions in fake credit pumped into the system after the 08 event?
You starve the holders of shitty debt with low interest rates. It's not a pretty picture but if you just crashed it we would be back here doing this all over again. They would buy it up and start all over again.
This is why we are here…..