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NEW 'COLLATERAL' FOR ‘REVENUE ANTICIPATION BOND'

AS SOON AS OBAMA SIGNED THE HEALTH BILL: AN IMMEDIATE START-UP OF THE FRAUDULENT CAROUSEL VIA THE FED AND THE SWEDISH RIKSBANK

Wednesday 24 March 2010 01:35

THE REASON BEHIND THE RUSH TO STAMPEDE THE UNREAD HEALTH BILL THROUGH

U.S. TREASURY CONJURES UP A ‘REVENUE ANTICIPATION BOND’

HEALTH CARE FINANCIAL PIPELINE NEEDED AS ‘COLLATERAL’
FOR AN IMMEDIATE, GREEDY RENEWAL OF THE CAROUSEL

THE QUEENS’ LOAN MONEY IS REPORTED TO HAVE BEEN
ILLEGALLY MOVED AND IS NOT WHERE IT SHOULD BE

MEMORANDUM TO THE MI-6 (MI-9) OFFICERS IN CHARGE
OF RESOLVING THIS CRISIS, AND INTERPOL

ANOTHER MOTIVE: PAYEES ARE DEMANDING CASH, IN UNISON

HEALTH CARE MONEY PIPELINE ALREADY ENCUMBERED LIKE SOCIAL SECURITY

FRAUDULENT FINANCE IMPERATIVE BEHIND THE UNSEEMLY, GREEDY RUSH

MORE PENNSYLVANIA DEPARTMENT OF STATE DECEIT

MAFIOSO SITTING IN HIS OFFICE AS BEFORE

MR COTTRELL’S LATEST STRUGGLES WITH DELIBERATELY
UNCOOPERATIVE AND ARROGANT PA OFFICIALS

SECRET DIVERSION INSTRUCTIONS MAY STILL BE ‘LIVE’

MS. BUTLER COULDN’T BE BOTHERED TO SEND
MR COTTRELL’S PAPERS TO SALLY KROW IN THE SAME BUILDING

NEW DOCUMENTS SUBMITTED TO THE PA AUTHORITIES

WHAT THE PENNSYLVANIA INVESTMENTS, INC. CORPORATE SCREEN
WITH THE PA DEPARTMENT OF STATE SHOULD LOOK LIKE NOW

SECURITIZATION IS ILLEGAL UPDATE: In the Subs/Books Update panel immediately below the NEWS panel that you are currently viewing, you will see an announcement concerning publication of Economic Intelligence Review, Volume 12, Numbers 7 & 8. If you press that announcement text and open up the panel, you will see the contents list for the new [2010Q1] issue of E.I.R., including a breakdown of the Chapter Headings for the detailed analysis showing that Securitization is illegal. See our NEWS report dated 10th March 2010 for summaries of some of the data from this analysis. We understand that the report has created uproar in certain corridors of corrupt power.


MISPRISION OF FELONY: U.S. CODE, TITLE 18, PART 1, CHAPTER 1, SECTION 4:
‘Whoever, having knowledge of the actual commission of a felony cognizable by a court of the United States, conceals and does not as soon as possible make known the same to some Judge or other person in civil or military authority under the United States, shall be fined under this title or imprisoned not more than three years, or both’.

'Seeing what's at the end of one's nose requires constant effort'. George Orwell.


Please be advised that the Editor of International Currency Review and associated intelligence services cannot enter into email correspondence related to this or to any of the earlier reports.

BOOKS: Edward Harle Limited has so far published FIVE intelligence titles: The Perestroika Deception, by Anatoliy Golitsyn; Red Cocaine, by Dr Joseph D. Douglass, Jr.; The European Union Collective, by Christopher Story; The New Underworld Order, by Christopher Story; and The Red Terror in Russia, by Sergei Melgounov. All titles are permanently in stock. We sell books DIRECT.

ADVERTISEMENT: Details of the INTERNET SECURITY SOLUTION software offered by this service in conjunction with a donation can be accessed immediately: See the Home Page World Reports Limited serials catalogue by clicking World Reports Limited and scrolling to foot of page. Scroll to the foot of THIS page to read our extended Ad. for the INTERNET SECURITY SOLUTION.

Christopher Story FRSA, Editor and Publisher, International Currency Review, World Reports Limited, London and New York. For earlier reports, press the ARCHIVE. Order your intelligence subscriptions and 'politically incorrect' [i.e., correct] intelligence books online from this website.

CMKM/CMKX CASE DOCUMENTS:
Press Archive for this report [29th January 2010]
Case Number CV10-00031 JVS (MLGx):
SERVICE OF CMKM.CMKX $3.87 TRILLION SUIT VS. S.E.C.
You can also access the CMKM/CMKX text at: http://viewer.zoho.com/docs/paKdda
The biggest lawsuit in world legal history: The phantom share giga-scandal.

NEW REPORT STARTS HERE:



THE REASON BEHIND THE RUSH TO STAMPEDE THE UNREAD HEALTH BILL THROUGH
No doubt you may have wondered what all the rush to get the Health Care Bill onto Mr Obama’s desk was all about, and why it was necessary for harassed US legislators to meet all weekend to agree a colossal convoluted piece of Talmudic legislation that none of them were given time to read, so that Mr Obama could sign it into law on Monday 22nd March, whether the law made sense, was legal, or not. Even the House Speaker, Mrs Nancy Polosi, is reported to have said, slyly and pointedly: ‘We won’t know what’s in this bill until it’s become law’.

Well, here’s the answer to the implied questions: what was all the fuss and rush about?

And why did Obama postpone his trip back home to Indonesia after it had been announced – thus revealing that the Health Care Hassle was in fact motivated by an agenda hidden from public view and understanding?

U.S. TREASURY CONJURES UP A ‘REVENUE ANTICIPATION BOND’
With the Health Care Financial Pipeline Bill that was plonked into Obama’s desk with a thud having been signed, the following preplanned financial skullduggery steps were immediately put in play:

(1): A so-called REVENUE ANTICIPATION BOND based on the pipeline of money which is the whole purpose of the Health Care Bill, as we pointed out in our report dated 19th March (1), was activated through the US Treasury.

(2): This REVENUE ANTICIPATION BOND was made available by the Treasury to the Federal Reserve, which is engaged in a hypothecation operation, running it through the oh-so-helpful Swedish Riksbank (the central bank of Sweden).

HEALTH CARE FINANCIAL PIPELINE NEEDED AS ‘COLLATERAL’
FOR AN IMMEDIATE, GREEDY RENEWAL OF THE CAROUSEL
The ‘rush’ to get the Health Care mish-mash onto the Statute Book, and Obama’s postponement of his visit home, was nothing whatsoever to do with the grandiose objectives and grandstanding promulgated by Mr Obama and his apologists.

On the contrary, it had everything to do with creating a new ‘basis’ for further Fraudulent Finance and hidden hypothecation operations.

This programme is being handled by Dr Ben Bernanke and his associate, Mr Dudley, who serves on the Bank for International Settlements’ (BIS) money-shuffling committee whereby, with no checks or balances, money is scooped up from wherever, and often corruptly placed into trades without any accountability whatsoever.

THE QUEENS’ LOAN MONEY IS REPORTED TO HAVE BEEN
ILLEGALLY MOVED AND IS NOT WHERE IT SHOULD BE
Equipped with this new ‘collateral’ basis, it appears that the Geithner Treasury, the Bernanke Federal Reserve, and complicit European central banks, snapped immediately into gear as soon as Obama had signed the bill – starting up the Fraudulent Finance carousel via the Federal Reserve Inter Bank Settlement Fund and almost certainly stealing and diverting some of the Queen’s Loan money in the process.

Because we have been informed that The Queen’s Loan funds payable to Pennsylvania Investments, Inc., are [as of 23rd March 2010] not where they should be at this point in time – contrary to the situation prevailing PRIOR to Mr Obama’s signature of the Health Care Bill.

The highest-level criminalists’ motivation, apart from restarting the Fraudulent Finance carousel, is to snub The Queen and the Chinese parties and to proclaim from behind the scenes: ‘We aren’t going to be told what to do by you’, even though their serial criminality is fully understood in all the relevant corridors of power around the world, and in all the key chancelleries and by all the Heads of State and their staff who matter.

Their serial criminality is also well understood by the non-rogue component of the US Intelligence Power, straining to get this done – which our best sources indicate is at war with the Bush-Clinton Mafiosi serving the interests of the DVD and France, within the Central Intelligence Agency (proxy for the CIA and its 17+ ‘subsidiaries’).

MEMORANDUM TO THE MI-6 (MI-9) OFFICERS IN CHARGE
OF RESOLVING THIS CRISIS, AND INTERPOL
Get cracking immediately and establish what has happened to the Queen’s Loan money.

Take on board the corruption, by extension, of the Swedish Riksbank and any other European central banks involved in this latest leg of White House and Treasury corruption, diversion and stealing of The Queen’s funds.

Use the phrase RULE OF LAW in every conversation with these criminals. And bear in mind that we are on to this latest diversion, just as we picked up on the earlier diversions and thefts.

All concerned, from the British intelligence officers to the Paymaster, are on the line here. It’s got to be sorted and the highest-level corruption has to be exposed.

What on earth is your problem? You can see that we have made colossal strides by the use of PUBLICITY and that this website is read all over the world.

PUBLICISE THE OFFICIAL CRIMINALITY, instead hiding behind sterile and redundant diplomatic and intelligence norms of behaviour. These people are organised criminals who don't acknowledge the usual diplomatic niceties, and they need to be exposed. YOU CAN EXPOSE THEM.

Don’t be so weak. You have the smarts to sting these people. You like doing stings. Start applying these Black Arts to appropriate effect, instead of weakly standing around metaphorically wringing your hands as these crooks steal and divert the money for the n’th time. They always think they can get away with it. Work as hard as we work, i.e. 24/7, and make it clear to these demons that they will not get away with their serial thievery and corruption.

We have received unconfirmed reports of a new influx of Interpol officers into the United States since the Editor has been resident in New York (i.e. since 16th March 2010).

ANOTHER MOTIVE: PAYEES ARE DEMANDING CASH, IN UNISON
Ostensibly another rationale here is that all payees that must be paid (i.e. whom the kleptocracy cannot avoid paying) are demanding CASH (as they won’t accept US Treasuries in lieu) and as the Obama Administration has no cash (the real cash-cash having been alienated, leveraged, spent, traded, accounted for, stolen, take your pick), they have to generate new cash seed money, which they are doing ‘as we speak‘ by running the newly-authenticated Treasury Revenue Anticipation Bond through the corrupt Swedish central bank.

Of course so far as the Riksbank is concerned, what they are doing is ‘not corrupt’ because they are working with the Federal Reserve: that’s how they would justify their behaviour here.

HEALTH CARE MONEY PIPELINE ALREADY ENCUMBERED LIKE SOCIAL SECURITY
Before we go any further, note that Obama has therefore already encumbered the new Health Care Financial Pipeline – indicating with crystal clarity that it is regarded as an open-ended, mandatory, endless pipeline of NEW CASH which can be spent at all times in advance, FOR EVER, just like the Social Security surpluses that have been squandered.

As repeatedly pointed out in these reports, the surpluses in the so-called Federal Budget Trust Funds (which cease to be surpluses this Fiscal Year, by the way) are required by US Statute to be ‘invested’ in the Federal Budget’s Federal Funds – that is to say, used for current expenditure.

This means that the surpluses ‘invested’ in Federal Debt held by Government Accounts must be added back not once, but twice: first, because they have long since been squandered on ‘current spending’; and secondly, because they will be needed to meet future mandatory welfare and Social Security obligations.

Since the Social Security Trust Funds are sliding into deficit (for demographic reasons) for the first time this year, the situation on that front is therefore deteriorating rapidly. A chart on page 55 of the current issue of Economic Intelligence Review showing the Federal Debt data (on the basis of the Office of Management and Budget’s published numbers) adjusted to take full account of the above, shows that the corrected level of US Federal Debt outstanding rises from $23 trillion to $30 trillion between FY 2010 and FY 2014 (2) .

FRAUDULENT FINANCE IMPERATIVE BEHIND THE UNSEEMLY, GREEDY RUSH
So, the colossal Health Care Bill was stampeded though the Legislature without US Legislators having a clue what it contained, in order to provide Mr Obama and the Geithner Treasury with the basis for the issuance of a Revenue Anticipation Bond, enabling the Treasury to conduct refunding operations itself and to reignite/carry on corrupt ‘business as usual’ with the kind assistance of the Federal Reserve and the Swedish Riksbank.

And legislators have been drinking champagne in front of the TV cameras to celebrate. But what they are celebrating is NOT an earth-shattering, once-in-a-millennium piece of legislative reform for the benefit of the American people, but rather the creation of a new ‘collateral’ basis that enables these criminals to restart the Fraudulent Finance carousel.

They’ve all been suffering from withdrawal symptoms since their easy fake money playthings were taken away from them in mid-September 2008.

It is our intention to ensure that the champagne that these scoundrels have been quaffing in front of the cameras with such odious arrogance is metaphorically billed to their account.

MORE PENNSYLVANIA DEPARTMENT OF STATE DECEIT
Meanwhile, the Pennsylvania Fraud – A KEY ELEMENT OF THIS SKULDUGGERY – has taken several further extraordinary turns since we last reported, suggesting that the Pennsylvania Department of State and the Pennsylvania Department of Revenue, which stands to gain $495 million in windfall corporate and personal tax revenues following the payment due to Pennsylvania Investments, Inc., mandated by international authorities, are integrated with the White House in perpetrating this corruption and scamming of the American people, not to mention the inhabitants of the Commonwealth of Pennsylvania.

MAFIOSO SITTING IN HIS OFFICE AS BEFORE
Let’s start with the farrago surrounding Salvatore R. DeFrancesco. This Mafioso is listed as Vice President of Penn Acceptance Corporation, 2007 Highway, Suite 315, Pittston TWP, PA 18640-40. The other officers of this corporation are Joseph Limongelli, President and Secretary, and Daniel Limongelli, Treasurer.

We were informed by an impeccable source, who appears to have been lied to by officials, that Treasury agents and the FBI were looking for Salvatore DeFrancesco and that he was expected to have been cuffed by the evening of 19th March 2010.

When we made repeated enquiries about this sequence over the weekend, the trail went blank. Nothing more was heard of the ‘search’ in question.

We therefore assume that this Mafioso, whose name as previously reported had illegally appeared as Secretary of Pennsylvania Investments, Inc., on the firm’s screen with the Department of State Corporation Bureau as of 8th March 2010, is sitting, as before, in his office in Suite 315, 2007 Highway, Pittston TWP, PA 18640-40..

MOLES INSIDE THE PENNSYLVANIA OFFICIAL STRUCTURES?
Which of course implies that the skullduggery, which appears to involve moles located inside the Commonwealth of Pennsylvania’s official structures, continues – a reality that Michael C. Cottrell, B.A., M.S., discovered for himself in the course of a frustrating conversation with the Pennsylvania Department of State on 23rd March 2010 between 8.43 a.m. and 9. 46 a.m., when he enquired why the necessary changes mandated by his Corporate Resolution delivered to and signed for by the Pennsylvania Department of State Corporation Bureau in Harrisburg, PA on 18th March, had not yet been acted upon. After all, it is clearly in Pennsylvania's interest to collect $495 million.

MR COTTRELL’S LATEST STRUGGLES WITH DELIBERATELY
UNCOOPERATIVE AND ARROGANT PA OFFICIALS
The officials at the Department of State knew precisely who he was as soon as he called, and proceeded to front a barrage of excuses for their inaction to date, including: ‘We don’t do that’; and:’ You should be speaking to the Pennsylvania Department of Revenue, not to us’; plus words to the effect …‘We can send your filing fee ($70) back’.

After speaking later with the Department of Revenue (in the course of which stressful conversation he was of course cut off), and having been informed condescendingly that ‘he should know’ that changes in corporate officers and their designations needed to be forwarded on Pennsylvania Department of Revenue form REV-1605, Mr Cottrell managed to access form REV-1605 (which they don’t tell you how to access, of course), and thus proceeded to complete the form, which he then submitted [see below] and which reads as follows:

Pennsylvania Department of State
Bureau of Corporate Taxes
PO Box 280430
Harrisburg PA 17128-0430

REV-1605 CT (1-10) Schedule Co.
Names of Corporate Officers
Corporate Account ID: XXXXXX*
Corporate Officers:
President/Managing Partner SSN XXX-XX-XXXX* COTTRELL MICHAEL C.
Vice President SSN XXX-XX-XXXX* COTTRELL MICHAEL C.
Secretary SSN XXX-XX-XXXX* COTTRELL MICHAEL C.
Treasurer/Tax Manager SSN XXX-XX-XXXX* COTTRELL MICHAEL C.
Business Name: Pennsylvania Investments, Inc.
EIN: XXXXXXXXX*
Street Address: 1157 West 7th Street
City: Erie
State: PA
Zip Code: 16502
Preparer’s Signature: [Signed] Michael C. Cottrell
Title: President, Vice President, Secretary and Treasurer
Telephone Number: (814) 455 9218
Date: 03/13/2010

* Known to the Editor of this service.

SECRET DIVERSION INSTRUCTIONS MAY STILL BE ‘LIVE’
Why is this so critical? Because all that was achieved earlier was the removal of the name of the Mafioso from the Pennsylvania Department of State’s screen for Pennsylvania Investments, Inc. Removal (under pressure and with a very bad grace) by the Pennylvania authorities of this Mafioso impostor’s name from the official screen did not necessarily mean that an instruction signed by the Mafioso imposter (working with the Bush Sr. criminal nexus that has corrupted the CIA from within), for the funds to be diverted on remittance to Pennsylvania Investments, Inc., does not exist.

In view of the fact that the officials knew exactly who Michael Cottrell was the moment he called them at 8:43 a.m. on 23rd March 2010, and in view of their further excuse-making, bureaucratic stonewalling, intransigence and singular lack of the helpful cooperation for which these officials are paid (as they are there to serve the community, not a corrupt State agenda in cahoots with a corrupt Federal Government), our working assumption is precisely that:

There is an extant fall-back instruction signed by the impostor Mafioso fake ‘Secretary’ for the Paymaster to divert the funds as directed in such an instruction.

The Pennsylvania Department of State and Department of Revenue authorities may indeed have been collaborating with the Mafioso working for and/or with Bush Sr. to procure the stealing of the money payable as mandated, to Michael C. Cottrell, B.A, M.S.

In which case officials within the aforementioned Pennsylvania structures may be party to an attempted scam to SWINDLE Pennsylvania taxpayers out of the prospective and mandated windfall tax payment by Pennsylvania Investments, Inc. of windfall corporate and personal taxes amounting to an estimated $495 million.

MS. BUTLER COULDN’T BE BOTHERED TO SEND MR COTTRELL’S PAPERS TO SALLY KROW
Mr Cottrell also established that Ms. Butler, Supervisor, Pennsylvania Department of State, 401 North Street, Room 206, P.O. Box 8722, Harrisburg, PA 17105-8721, who was ‘not in the office’ on 10th March [see report dated 19th March 2010] has THE SAME FAX NUMBER as the Pennsylvania Department of State Corporation Bureau, Harrisburg, PA 17105-8722 – namely: 714-783 2244. Which of course means that the Corporation Bureau is located in the same office as Ms. Butler.

Ms Butler evidently did not, therefore, forward the Pennsylvania Investments, Inc., Corporate Resolution, to Sally Krow, at the Corporation Bureau – who is the official now identified at the Corporation Bureau in the course of Mr Cottrell’s stressful conversations with these unhelpful officials on 23rd March 2010.

These officials do not yet appear to understand that the layers of corruption that we have destabilised in the course of these necessary investigations and reports make it ultimately UNLIKELY that such 'coincidences' will be missed – just Julie A. Castillo's 'explanation' for the placement of this Salvatore R. DeFrancesco as false ‘Secretary’ of Pennsylvania Investments referencing confused Social Security digits dating back many years, didn’t ‘fly’ with us, either.

Clearly, these people are so used to fabricating excuses that they’ve become laid-back with their ‘explanations’.

NEW DOCUMENTS SUBMITTED TO THE PA AUTHORITIES
At 1:45pm EDT on 23rd March 2010, the Editor, at our request, received the following documents from Michael C. Cottrell, B.A., M.S., in connection with the immediate requirement for the proper designations of Mr Cottrell to be displayed on the Pennsylvania Department of State’s screen for Pennsylvania Investments, Inc.:

PENNSYLVAINA INVESTMENTS, INC
1147 West 7th Street
Erie, PA 16502
Corporate telephone: (814) 455-9218
Fax: (814) 453-4453
E-Mail: pii-mcc@msn.com

FAX COVER:

TO: Pennsylvania Department of State
Corporation Bureau
Harrisburg, PA 17105-8722

ATTENTION: SALLY KROW

RE: REV-1605 FORM

VIA: FAX: (717) 783-2244

ITEMS ENCLOSED:

(1): FORM REV-1605 – Completed, Signed and Dated

(2): Letter of Notification regarding:
Fraudulent Entry on: www.corporations.state.pa.u/corp by person(s) unknown against Pennsylvania Investments, Inc. (3/8/2010), 3 PAGES.

Exhibit “A”-1; Exhibit “B”-1 thru 4; Exhibit “D”-1 & 2.1;

Note: The Letter of Notification (published with our report dated 19th March 2010) is appended as an Appendix below, but all other documents referenced with the Letter of Notification should be accessed by going to that report [press: Archive].

(3): COPIES 1 & 2 OF ARTICLES OF AMENDMENT – DOMESTIC CORPORATION (15 Pa C.S.) PER DEPARTMENT OF STATE INSTRUCTIONS.

Exhibit A: Certificate of Adoption of Corporate Resolution dated 3/13/2010

Copy of Personal; Check for $70.00 USD [copy held by the Editor of this service of Michael C. Cottrell’s personal check Number 1042 for $70.00 dated 13th March 2010 for and on behalf of Pennsylvania Investments, Inc].

Note: Attached to Pennsylvania Department of Revenue Form REV-1605: Schedule Co – Names of Corporate Officers, are the following instructions:

State law mandates that the names of corporate officers be available as public information with the PA Department of State. Corporations comply with the requirement by completing the Corporate Officer section of the PA Corporate Tax Report (ACT-101). Corporations that need to update this information during the year must complete the Corporate Officer Schedule (REV-1605) and submit it to the PA Department of Revenue, which forwards this information to the PA Department of State

Editor’s insert: The Form REV-1605, attached to these instructions, was duly completed by Mr Cottrell on 23rd March 2010 in precise conformity with these official requirements, and forwarded by fax under cover of the FAX COVER sheet indicated above. The documents were forwarded on that date in the first instance by fax to the PA Department of Revenue, PO Box 280430, Harrisburg, PA 17128-0430; and secondly to Sally Krow and the Pennsylvania Department of State, Corporation Bureau, Harrisburg, PA 17105-8722.

Note the above language that:

‘State law mandates that the names of corporate officers be available as public information with the PA Department of State’.

WHAT THE PENNSYLVANIA INVESTMENTS, INC. CORPORATE SCREEN
WITH THE PA DEPARTMENT OF STATE SHOULD LOOK LIKE NOW
The identity of the Corporate Officers of Pennsylvania Investments, Inc., has been furnished as required to the Pennsylvania Department of Revenue for forwarding to the PA Department of State, which has moreover been notified by Mr Michael C. Cottrell, B.A., M.S. of this fact, in accordance with these MANDATORY requirements, so that the PA Department of State can IMMEDIATELY update the screen for Pennsylvania Investments, Inc., which should now read as follows:

Pennsylvania Department of State
Corporations

Business Entity Filing

Business Name History
Name:
Pennsylvania Investments, Inc.

Name Type: Current Name

Business Corporation – Domestic – Information
Entity Number: 844244
Status: Active
Entity Creation Date: 12/11/1984
State of Business: PA
Registered Office Address: 1157 West Seventh Street, Erie PA 16502-0
Mailing Address: 1157 West Seventh Street, Erie PA 16502-0

Officers:

Name: MICHAEL C. COTTRELL
Title: President
Address: 1157 West Seventh Street, Erie PA 16502-25

Name: MICHAEL C. COTTRELL
Title: Vice President
Address: 1157 West Seventh Street, Erie PA 16502-25

Name: MICHAEL C. COTTRELL
Title: Secretary
Address: 1157 West Seventh Street, Erie PA 16502-25

Name: MICHAEL C. COTTRELL
Title: Treasurer/Tax Manager
Address: 1157 West Seventh Street, Erie PA 16502-25


Memorandum item: A posting by a notorious anonymous Internet source named after CIA-MK-ULTRA operative Richard B. Cheney’s home town in Wyoming, who has purported for years to be fighting for the Ponzi victims’ ‘packages’ but has been deceiving the Ponzi victims all along (as we have indicated on several occasions), in an ongoing cruel, Pavlovian campaign to manipulate their expectations micro-managed by the evil forces within the Intelligence Power, is currently telling the truth: the intention is to steal the lot, as has always been the case: and that includes the Queen’s funds. We have bad news for this snake or nest of vipers.

APPENDIX:
MICHAEL C. COTTRELL’S LETTER OF NOTIFICATION OF 9TH MARCH 2010 TO THE PENNSYLVANIA DEPARTMENT OF STATE DEMANDING THE IMMEDIATE REMOVAL OF THE NAME OF THE MAFIA IMPOSTOR SALVATORE DE FRANCESCO FROM THE PENNSYLVANIA INVESTMENTS, INC. STATE CORPORATION BUREAU'S OFFICIAL SCREEN, FRAUDULENTLY SHOWING THE IMPOSTOR MAFIOSO AS ‘SECRETARY’ OF THE CORPORATION:

(1): FAX COVER
PENNSYLVANIA INVESTMENTS, INC.
1157 West 7th Street
Erie, PA 16502
Telephone: 814-455 9218
Facsimile: 814- 453 4453
Email: pii-mcc@msn.com

TO: Pennsylvania Department of State
401 North Street, Room 206
P.O. Box 8722
Harrisburg, PA 17105-8721

Attention: Ms. Butler, Supervisor

Via: Fax: 717-783 2244

ITEMS ENCLOSED:
(1): Letter of Notification regarding: Fraudulent Entry on www.corporatyions.state.pa.u./corp by person(s) unknown against Pennsylvania Investments, Inc. [3/8.2010]: 3 Pages
(2): Exhibit “A”: 12 Pages
(3): Exhibit “B”: 5 Pages
(4): Exhibit “C”: 3 Pages
(5): Exhibit “D”: 15 Pages.

Number of pages including cover: 39
9 March 2010
……………………………………………………………………………….

(2): LETTER OF NOTIFICATION TO
PENNSYLVANIA DEPARTMENT OF STATE:

PENNSYLVANIA INVESTMENTS, INC.
1157 West 7th Street
Erie, PA 16502
Telephone: 814-455 9218
Facsimile: 814- 453 4453
Email: pii-mcc@msn.com

TO: Pennsylvania Department of State
401 North Street, Room 206
P.O. Box 8722
Harrisburg, PA 17105-8721

Attention: Ms. Butler, Supervisor

Reference:
Due Diligence Accounts Payable [Nov 19th, 2004 to March 25th, 2008]

RE: FRAUDULENT ENTRY ON www.corporations.state.pa.us/corp BY PERSON(S) unknown against Pennsylvania Investments, Inc. (3/8/2010)

Via: Fax: 717-783 2244/ AND U.S. MAIL

Dear Ms. Butler:
Per our conversation this date, between approximately 9:34 a.m. EST and 9:40 a.m. EST, I stated to you that Pennsylvania Investments, Inc. is to receive funds in the amount of Fifteen Billion United States Dollars ($15,000,000,000.00 USD):

[Ref: Exhibit “B, Page 1” Payables Due with the Due Diligence Documentation Part 1 and Part 2, dated November 19, 2004 to March 23, 2008]

derived from a “Settlement” between the United States of America, the World Court, the People’s Republic of China, with the signed approval of President Barack Obama, and a loan of Six Point Two Trillion United States Dollars ($6,200,000,000,000.00 USD) to Pennsylvania Investments, Inc., via Her Majesty, the Queen of England (Sovereign of the United Kingdom of Great Britain and Northern Ireland) for the purpose of a Private Funding Refunding of the United States Dollar (Ref: Exhibit “B” Pages 2-4, an Affidavit submitted to Her Majesty, et al. on 29 December 2008).

Additionally, I stated to you that Pennsylvania Investments, Inc. (including Michael C. Cottrell) will pay an amount of Pennsylvania Corporate and Personal taxes of approximately Four Hundred and Ninety-Five Million United States Dollars ($495,000,000.00 USD) from this “Settlement” process.

Page 2: RE: FRAUDULENT ENTRY ON www.corporations.state.pa.us/corp BY PERSON(S) unknown against Pennsylvania Investments, Inc. (3/8/2010):

However, the Pennsylvania Department of State has now become [a] knowing or unknowing participant in the ongoing fraudulent activities [being] attempted to divert said funds and the payment of Pennsylvania Corporate Taxes and/or to steal and place said funds in “off-balance sheet account(s)” with the aid of bank and political fraudsters – located in London (UK), Paris (France), Geneva (Switzerland), Houston and Dallas (Texas), Washington, D.C., and various locations in the Commonwealth of Pennsylvania

The above referenced fraudulent activity is evidenced by the placement of “SALVATORE R. DEFRANCESCO as SECRETARY” as Officer of Pennsylvania Investments, Inc. screen dated March 8, 2010 WITHOUT a correspondent Amendment of Articles – WITHOUT THE KNOWLEDGE OR APPROVAL OF THE DIRECTORS/OWNERS OF PENNSYLVANIA INVESTMENTS, INC.

Therefore, this corporation hereby demands that the name “SALVATORE R. DEFRANCESCO as SECRETARY” BE REMOVED IMMEDIATELY FROM THE SCREEN PAGE IDENTIFYING ENTITY 844244: PENNSYLVANIA INVESTMENTS, INC., 1157 WEST 7TH STREET, ERIE PA 16502-0.

Further, this corporation demands an investigation and a FULL REPORT TO THE BOARD OF DIRECTORS – as to who gave the authority for this name to be placed on said screen, what evidence [exists] of authorization granting said person the position of SECRETARY for this corporation, and what action will be taken against said person committing the fraudulent entry.

If the offending item is not removed immediately upon the facsimile receipt of this letter and documentation, this corporation will move legally for fraud against the Secretary of the Commonwealth, the Honorable Pedro A Cortes, et al., and against SALVATORE R. DEFRANCESCO (INDIVIDUALLY AND SEVERALLY) for Fraud against Pennsylvania Investments, Inc., for THREE (3) TIMES DAMAGES, e.g., FORTY-FIVE BILLION UNITED STATES DOLLARS ($45,000,000,000.00 USD) – since the payment is IMMINENT and therefore the screen identified can be used to divert or steal the aforementioned funds, e.g. [for account of] FIDELITY DEPOSIT & DISCOUNT BANK, et al., and/or PENN ACCEPTANCE CORPORATION, et al..

This firm has NO ACCOUNTS with either. The stated funds are to be deposited with this firm’s identified Securities Account at Morgan Stanley & Co, New York, NY.

Page 3: RE: FRAUDULENT ENTRY ON www.corporations.state.pa.us/corp BY PERSON(S) unknown against Pennsylvania Investments, Inc. (3/8/2010):

Thank you for your immediate attention and assistance in this matter.

Regards,

Michael C. Cottrell, B.A., M.S.
President, CEO and Secretary
Pennsylvania Investments, Inc.
1157 West 7th Street
Erie, PA 16502-1106

Reference:
Exhibit “A”: Pages 1 thru 11;
Exhibit “B”: Pages 1 thru 4;
Exhibit “C”: Pages 1 and 2;
Exhibit “D”: Pages 1 thru 13.

CC:
(1): The Honorable Edward G. Rendell, Governor of Pennsylvania
(2): The Honorable Pedro A Cortes, Secretary of the Commonwealth
(3): The Honorable Tom Corbett, Pennsylvania Attorney General
(4): Robert S. Cessar, United States Attorney, Pittsburgh, PA
(5): A. Clifton Hodges, Esq., Hodges and Associates, 4 East Holly Street,
Suite 202, Pasadena, CA 91103
(6): Mr William Bonney, Sr., BOLDCAP
(7): Mr Dana V. Wilcox



Notes and References:

(1): In the report dated 22nd March 2010 [Archive] we summarised the money pipeline potential and intention of the Health Care bill as follows:

Compulsory insurance will simply deliver more premium capital to Wall Street.

This is because insurance companies invest on Wall Street the money premiums that they do not yet have to pay out; while government political rationing will mean that less and less is paid out: so that more and more of the premiums will remain in the hands of the criminal financial enterprises.

Editor’s insert: This, friends, is how the financial enterprises will stay afloat and prosper, given that the US Dollar Refunding Programme is indeed to be handled in the private sector, as we have all along recommended, not by the Government.

(2): Economic Intelligence Review, World Reports Limited, London and New York, Volume 12, Numbers 7 & 8, page 55: chart entitled: ‘US Federal Debt deconstructed: USD millions’. Note that we can only develop assessments on the basis of the data published by the Office of Management and Budget. It is well known that the OMB’s data are unreliable, but the OMB is the official source and we can only base assessments on the data published by the US Government itself.

LIST OF U.S. STATUTES, SECURITIES REGULATIONS AND LEGAL PRINCIPLES OF WHICH THE CRIMINALISTS, ASSOCIATES AND ALL THE MAIN FINANCIAL INSTITUTIONS REMAIN IN BREACH:

LEGAL TUTORIAL: The Steps of Common Fraud:

Step 1: Fraud in the Inducement: “… is intended to and which does cause one to execute an instrument, or make an agreement… The misrepresentation involved does not mislead one as the paper he signs but rather misleads as to the true facts of a situation, and the false impression it causes is a basis of a decision to sign or render a judgment”. Source: Steven H. Gifis, ‘Law Dictionary’, 5th Edition, Hauppauge: Barron’s Educational Series, Inc., 2003, s.v.: ‘Fraud’.

Step 2: Fraud in Fact by Deceit (Obfuscation and Denial) and Theft:

“ACTUAL FRAUD. Deceit. Concealing something or making a false representation with an evil intent [scanter] when it causes injury to another…”. Source: Steven H. Gifis, ‘Law Dictionary’, 5th Edition, Happauge: Barron’s Educational Series, Inc., 2003, s.v.: ‘Fraud’.

“THE TORT OF FRAUDULENT DECEIT… The elements of actionable deceit are: A false representation of a material fact made with knowledge of its falsity, or recklessly, or without reasonable grounds for believing its truth, and with intent to induce reliance thereon, on which plaintiff justifiably relies on his injury…”. Source: Steven H. Gifis, ‘Law Dictionary’, 5th Edition, Happauge: Barron’s Educational Series, Inc., 2003, s.v.: ‘Deceit’.

Step 3: Theft by Deception and Fraudulent Conveyance:

THEFT BY DECEPTION:

“FRAUDULENT CONCEALMENT… The hiding or suppression of a material fact or circumstance which the party is legally or morally bound to disclose…”.

“The test of whether failure to disclose material facts constitutes fraud is the existence of a duty, legal or equitable, arising from the relation of the parties: failure to disclose a material fact with intent to mislead or defraud under such circumstances being equivalent to an actual ‘fraudulent concealment’…”.

To suspend running of limitations, it means the employment of artifice, planned to prevent inquiry or escape investigation and mislead or hinder acquirement of information disclosing a right of action, and acts relied on must be of an affirmative character and fraudulent…”.

Source: Black, Henry Campbell, M.A., 'Black’s Law Dictionary’, Revised 4th Edition, St Paul: West Publishing Company, 1968, s.v. ‘Fraudulent Concealment’.

FRAUDULENT CONVEYANCE:

“FRAUDULENT CONVEYANCE… A conveyance or transfer of property, the object of which is to defraud a creditor, or hinder or delay him, or to put such property beyond his reach…”.

“Conveyance made with intent to avoid some duty or debt due by or incumbent or person (entity) making transfer…”.

Source: Black, Henry Campbell, M.A., ‘Black’s Law Dictionary', Revised 4th Edition, St Paul: West Publishing Company, 1968, s.v. ‘Fraudulent Conveyance’.

U.S. SECURITIES REGULATIONS OF WHICH INSTITUTIONS
HAVE BEEN SHOWN TO BE IN BREACH [SEE REPORTS]:

NASD Rule 3120, et al.
NASD Rule 2330, et al
NASD Conduct Rules 2110 and 3040
NASD Conduct Rules 2110 and IM-2110-1
NASD Conduct Rules 2110 and SEC Rule 15c3-1
NASD Conduct Rules 2110 and 3110
SEC Rules 17a-3 and 17a-4
NASD Conduct Rules 2110 and Procedural Rule 8210
NASD Conduct Rules 2110 and 2330 and IM-2330
NASD Conduct Rules 2110 and IM-2110-5
NASD Systems and Programme Rules 6950 through 6957
97-13 Bank Secrecy Act, Recordkeeping Rule for funds transfers and transmittals of funds, et al.

U.S. LAWS ROUTINELY BREACHED BY THE CRIMINAL OPERATIVES AND INSTITUTIONS:

Annunzio-Wylie Anti-Money Laundering Act
Anti-Drug Abuse Act
Applicable international money laundering restrictions
Bank Secrecy Act
Crimes, General Provisions, Accessory After the Fact [Title 18, USC]
Currency and Foreign Transactions Reporting Act
Economic Espionage Act
Hobbs Act
Imparting or Conveying False Information [Title 18, USC]
Maloney Act
Misprision of Felony [Title 18, USC] (1)
Money-Laundering Control Act
Money-Laundering Suppression Act
Organized Crime Control Act of 1970
Perpetration of repeated egregious felonies by State and Federal public employees and their Departments and agencies, which are co-responsible with the said employees for ONGOING illegal and criminal actions, to sustain fraudulent operations and crimes in order to cover up criminalist activities and High Crimes and Misdemeanours by present and former holders of high office under the United States
Provisions pertaining to private business transactions being protected under both private and criminal penalties [H.R. 3723]
Provisions prohibiting the bribing of foreign officials [F.I.S.A.]
Racketeer Influenced and Corrupt Organizations Act [R.I.C.O.]
Securities Act 1933
Securities Act 1934
Terrorism Prevention Act
Treason legislation, especially in time of war.

BEWARE OF MALICIOUS IMITATIONS: It has come to our notice that certain websites have been in the habit of copying reports from this site, attributing the reports to the Editor of this service, but at the same time AMENDING AND INSERTING TEXT NOT WRITTEN BY THE EDITOR.

This is a very old, malevolent US counterintelligence DIRTY TRICK.

Therefore, you should be advised that the GENUINE ORIGINAL REPORT is, by obvious definition, accessible ONLY FROM THIS WEBSITE. If you come across an article elsewhere that is attributed to the Editor of this service, you should refer to the ORIGINAL ARTICLE HERE and you should bear in mind that the illegally duplicated article may contain text that was NOT written by the Editor of this service, but which was inserted for malicious purposes by counterintelligence.

Likewise, although we haven't yet had time to elaborate this issue, we have taken drastic steps around the world to close off the malicious piracy of our books. One technique used by several disreputable sites (in the United States, the Netherlands and Switzerland) is to copy our title(s) and (a) to display an image of the front cover WITHOUT THE ISBN DATA at the top of the cover; and (b) to DELETE THE COPYRIGHT PAGE. In so doing, the criminal pirates proclaimed that they knew perfectly well that they were/are engaged in theft and can be prosecuted for stealing copyright.

Please be advised that the Editor of International Currency Review and associated intelligence services cannot enter into email correspondence related to this or to any of the earlier reports.

We are a private intelligence publishing house and have no connections to any outside parties including intelligence agencies. The word ‘intelligence’ on this website and in all our marketing material is used for marketing/sales purposes only and has no other connotations whatsoever: see ‘About Us’ on the red panels under the Notes on the Editor, Christopher Story FRSA, who has been solely and exclusively engaged as an investigative journalist, Editor, Author and private financial and current affairs Publisher since 1963 and is not and never has been an agent for a foreign power, suggestions to the contrary being actionable for libel in the English Court.


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