Collateral Damage (Part 2): The Subprime Crisis and the Terrorist
Attacks on September 11, 2001
By E.P. Heidner
Abstract: The U.S. Subprime and global financial crises of 2008 was the direct
result of a covert monetary policy implemented by the U.S. financial institutional
caretakers of the World War II Black Eagle Gold Fund. Major growth in this fund
occurred in 1986 when the Reagan/Bush administration ousted Ferdinand
Marcos and confiscated the Philippines holdings of Japanese pre-WWII treasury,
buried in the Philippines due to the U.S. Naval blockade of Japanese ports. Not
being able to publicly acknowledge the illegal confiscation of multiple national
treasuries, U.S. officials and their banker-agents have released major portions of
this fund to the money market in excess of monetary demand, expanding the
money supply by $3.5 to $7 trillion. The individuals responsible for releasing this
gold were also responsible for deliberately opening the subprime mortgage
market to national banks, thus creating inflationary demand in the high risk,
subprime housing market. In addition to the ‘coincidence’ that virtually all of the
troubled mortgages which are at the source of the 2008 economic crisis seem to
come from a timeframe and monetary growth spurt linked to the ‘9/11 bond
dump’ this report will document that the primary source of funds for the liar’s
loans and troubled subprime loans comes from banks that are in lock-step with
the covert funding operations. Given that these same individuals covertly financed
the collapse of the ruble in 1991 using these same funds, and then orchestrated
the buy-out of key Russian industries for pennies on the dollar, this analysis
provides evidence that a similar gambit is being made for the takeover of key U.S.
industries.
In the aftermath of World War II, President Truman, acting on the advice of bankers
working in the War Department and OSS, created the undisclosed ‘Black Eagle Fund’
using gold confiscated from the defeated Nazis and Japanese