The following e-mail was sent to you via The Rumor Mill News Reading Room from MK
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RE: How Audits Work
Dear Striderus,
I was married to an auditor, now partner, in a medium-sized accounting firm in Southern California. He moved to partner from a Big 6/Big 8 audit background. Most people do not understand what audits actually are. Many people asking for an audit of the Fed really want an INVENTORY of the physical assets rather than an audit. Given the problems confronting those who wanted to take the Fed on in the past, beginning with a request for an audit makes a lot of sense. I suspect that the reason such action was NOT approved in the past was because (a) critical mass had to be reached in Congress that made an audit look less scary than the alternative and (b) certain impediments had to be neutralized either with warrants or by being scared into flight.
What I have seen going on is a slow building of justification and public disclosure to the point that Congress KNOWS that if they don't take action, they will be facing lots and lots of angry people. They also know that many of these angry people now have guns. They are also beginning to realize that the American public is not the "BUDs" that Bush said that they were.. (Sr. used to say that Americans were so stupid and broken-down from all the financial stress put on them by him and his buddies that all they wanted was their beer and their television. He called them "Buds" and said that they were "mentally" weak. Interesting perspective from the father of one of the DUMBEST people to graduate from YALE.
Once Congress realized that Americans were not stupid, not lethargic and not BLIND to their games, they began to wonder which was more dangerous--pissed off bankers with bankrolls to hire hitmen or millions of Americans who might just deputize themselves to get justice served. I am fairly certain that Congress has now come down on the side of bankers being less dangerous for the reasons that I will spell out in the paragraphs that follow.
First, look at the pattern of the "news" about the gold. The original leaks were actually in the '70s and '80s by Dr. Beter. Then stories about gold thefts by those entrusted with guarding it began to circulate with some intensity in the '90s. Congress and the culprits began to realize that the gold story might not die. It was not until these stories grew legs in 2004 and names were named that certain people began to realize that they might have to do something. Their first impulse was of course to try to get more control over the population with weapons and more police. While this might have worked for a very short time, in general it pissed Americans off and they began to become more radicalized by the effort.
The clampdown on people, particularly in London and the US began to fail the minute that "other governments" began sampling gold bar cores. I would believe that the reason that there are advertisements on every television station in the US to "buy discarded gold jewelry" right now has a lot to do with the other governments asking where their actual gold is than any other reason.
While unidentified parties began buying up junk gold as fast as they could, agents for treasury services in governments around the world were coming into the home stretch of investigations that have been going on for decades. One of them was the person that VK mentioned as having died in the world trade center. In the past three weeks, announcements about fake gold were popping up everywhere among the gold traders, announcements by the Chinese and the governments of Hong Kong and Singapore and finally, Fulford and Story.
Kitco has been floating hints of problems with gold for some time as have a number of other monetary trader types. They began by asking why gold prices weren't shooting through the roof. Then some irregularities came out from the LMBA (Did I get that right?) which is the London Main Bullion Assay office in the City of London. The rumors there were that gold bars were being "leased out" without proper notification/authorization. Then there were questions about "why" anyone would lease gold etc.
This week: Congress gets 5 million pink slips so many that they cannot get in their offices, Obama is told that he is not going to get any money until the US cleans up its act, Fulford and Story float stories about gold and its possible provenance problems...then the labor report hits and Geithner gets his ass chewed; then announcements about tungsten/gold; then after years of refusing to audit the Fed--the fed is getting audited. Names that surfaced early in these investigations began to surface again. Names like Clinton, Bush, Greenspan, Rubin...and others have been bandied about.
Now, if things are going in the direction that I suspect, what will happen next is that an audit plan will be built. This is a plan that will determine how many documents have to be reviewed to determine (1) What is going on at the Fed in general (2) Are money and assets missing and if they are, why are the assets missing and where could they be? (3) Processes and procedures will be reviewed to see if there is a proper chain of possession in moving money, making money etc. (4) Processes and procedural review with an eye to locating unauthorized access points and who is using them.
Once a preliminary audit plan is approved, then the audit will begin. I suspect that the audit will quickly uncover irregularities because these problems are already well known. The auditors will alter their plan to add more documents, change the scope to explore more messed up areas in the Fed or even conduct an inventory depending upon what they find. Most auditors who find criminal behavior do provide preliminary reports QUIETLY to law enforcement. Law enforcement will probably take certain people into custody to protect the auditors.
This is all in preparation for doing something that has only occurred a few times in American history but is certainly called for now and that is the apprehension of high level public officials, bankers, industrialists and others who have been playing this gigantic doublecross against the people of the world.
Watch to see who suddenly takes trips out of the US to Israel. Schwartzenegger just took one as did a couple of other governors. We will see if Palin takes one. She is ruomored to have had her hand in the oil money in Alaska.
There might be certain officials who try to protect themselves by declaring martial law in their states or by seceding. This will only prolong the agony for everyone once the facts begin to surface.
Now, I am only providing an overview of how these things work in a civilized world. What will happen now depends upon how many honest people are still in government and how much power that they have.
MK
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Serving Freedom
and Liberty
