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RubyCat Donating Member (334 posts) Send PM | Profile | Ignore Fri Dec-03-04 03:44 PM
Original message
Madsen, Five Star Trust, World War II loot
The blogger at http://www.cannonfire.blogspot.com / makes an interesting connection between Five Star Trust, the gold looted by the Japanese during WWII, and the paying for the rigging of this election. It basically goes like this:

The Japanese looted 12 Asian nations of gold, platinum, artwork, jewlery, and other treasure starting in 1930.

In the closing months of WWII, General Yamashita secreted the gold in caves and tunnels in the Philipines. This was to be used for the rebuilding of post-war Japan.

The US discovered the gold shortly after the end of the war, took possession of it like it did the Nazi loot, and kept it a state secret.

The money was put in a political action fund set up to pay for covert anti-communism efforts during the Cold War. It was used to bribe foreign politicians and buy elections. It may have also been used to pay for operations in the US, like the rigging of elections.

The blog entry from http://www.cannonfire.blogspot.com / is at the bottom of this message.

A good article about Yamashita's Gold can be found at the Rense website:
http://www.rense.com/general13/treasure.htm

A book about Yamashita's Gold, "Gold Warriors":
http://www.bowstring.net/gold_warriors.htm

Two more informative pages:
http://www.jeffooi.com/archives/2003/09/yamashitas_gold...
http://www.spitfirelist.com/f428.html


-----------------------------------------------

Many dismissed Wayne Madsen's spectacular charges, but a growing number of people are taking a second look at his information, especially after his Q-and-A session on Democratic Underground. Keith Olbermann tried to assail Madsen's work. Alas, as Brad Friedman has noted, Olbermann attacked without making any attempt to contact Madsen. (It's not as though the guy refuses to answer email -- both Friedman and I got through to him.)

Now he has published a third article about the mysterious Five Star Trust and related issues.

Madsen has not yet mentioned J.R. Horn (the Kentucky fraudster and one-time Republican politico who received mysteriously lenient treatment) although I remain convinced that the "Five Star Trust" in that case is the same as the one Madsen has focused on.

He does, however, direct our attention to one Robert Ferrera, also convicted of wire fraud ($11 billion in counterfeit Mexican promissory notes -- ye gods!). This Ferrera fellow, according to court records, "assigned and delivered some of the Mexican notes to an associate in Lexington, Kentucky, who owned Five Star Investments, Ltd."

Horn made Lexington, Kentucky his home grounds, so we must be dealing with the same shady bunch. Madsen goes on to say:


Ferrera's name also surfaced in a 1994 Securities and Exchange Commission investigation of Northstar Investors' Trust of Bellevue, Washington. In that case, Grady Lewis Hand was indicted for a $3 million investment fraud. However, Hand was defended by the former head of the Drug Enforcement Administration's secret "CENTAC" unit, Dennis Dayle. Hand and Dayle claimed the investment fraud was actually a CIA front to fund off-the-books intelligence operations being hidden from Congress. They said the money actually went to "General Robert L. Ferrera," said then to have worked for the Office of Strategic Services (OSS), the forerunner of the CIA.
Here's where it gets really (really really) hairy:


New information obtained from knowledgeable U.S. intelligence sources reveal that much of ex-Philippine President Ferdinand Marcos's billions of embezzled gold and money made its way into Five Star Trust, which was actually established in the late 1980s as a Houston-based repository for Marcos's ill-gotten loot. Some of the Marcos money was stashed in accounts in the Cook Islands, a dependency of New Zealand that has its own banking and corporation laws. Cook Islands accounts have been associated with some of the money used in the Votergate scandal.
Stop rolling your eyes. I have reason to believe that this is the real shit.

Now is not the time to tell the story of what is erroneously known as "Yamashita's Gold." Suffice it to say that this is no fairy tale -- the Japanese really did secret unbelievably massive amounts of gold during World War II -- an amount so massive that revealing its existence might well depress the price of gold. The loot also included much silver, jewelry, and artworks. (Japan had no other real source of funding during the war.) In the post war era, right-wingers have secretly been locating the many caches of this booty, located in Indonesia and the Philippines. Some of you may recall the news accounts which reported that General John K. Singlaub was involved with the recovery efforts in the late 1980s.

I have reason to believe that this money was used to create the infrastructure of our present right-wing media monster. To be specific: This money funded Murdoch.

Yes, I know that such a claim sounds ridiculously conspiratorial -- the sort of thing you might hear from a Sindey Greenstreet-type over snifters of brandy. I had planned to write about this subject at a later date, when I had time to make my case.

Right now, I can only plead with doubters to read the books of a courageous man named Sterling Seagrave. You can listen to a fascinating interview with his wife and co-author, Peggy Seagrave, if you go here and scroll down to FTR-428. A written summary of the interview's information exists here.


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jamboi Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-03-04 03:53 PM
Response to Original message
1. confirmed re: gold stash. Don't know about Murdoch. n/t
Edited on Fri Dec-03-04 04:01 PM by jamboi
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Razorback_Democrat Donating Member (756 posts) Send PM | Profile | Ignore Fri Dec-03-04 03:59 PM
Response to Original message
2. Kick!
Edited on Fri Dec-03-04 04:00 PM by Razorback_Democrat
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jamboi Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-03-04 04:07 PM
Response to Reply #2
3. .
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jamboi Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-03-04 04:41 PM
Response to Reply #3
4. .
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eowyn_of_rohan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 11:29 AM
Response to Original message
5. Dusting off this thread - Five-Star Trust and Five Star Gold Refiners
I posted this in the Dec 6 Madsen thread, but darn it-- Nobody seems interested! :cry:

Five-Star Trust linked to Five-Star Refiners (gold in NYC/Africa) ?

Madsen wrote" The gold bars were then transported to the International Diamond Exchange Vaults near Rockefeller Center."

WHAT IS Five Star Refiners -- located about a block away from Rockefeller Center?
http://www.refinegold.com
"Five Star Refiners is a precious metals company equipped to purchase all types of precious metal and precious metal scrap...Five Star Refiners is located in the heart of New York City's diamond/jewelry district on 47th Street between 5th and 6th avenues. Five Star has over 25 years in the purchase, assaying, refining and smelting of gold and other precious metals. The Company provides on-site smelting of gold and other precious metals in attractive offices located in the heart of the 47th Street gold buying district. Customers range from Manufacturers, Importers, Wholesalers, and Retailers. Five Star offers its clientele the unique service of observing the entire smelting process from start to finish. The maximum cash settlement is $10,000. Amounts over $10,000 are paid by check or wire transfer. Our price is based on 5oz. minimum.
We are pleased to announce the opening of our new office in Mali (West Africa). Five Star Refiners # 2 is located at:
Rue Lyantey
Immeuble Madiou Simpara
Porte N 8; Premier Etage
Bamako, Mali West Africa
Contact in Bamako:
Abou Sylla
Tel: (223) 223 9323
Cel: (223) 676 0829



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eowyn_of_rohan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 12:00 PM
Response to Reply #5
6. BFEE - gold connection kick
:kick:
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jamboi Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 12:21 PM
Response to Reply #5
7. I'm interested! Good stuff. n/t
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RubyCat Donating Member (334 posts) Send PM | Profile | Ignore Mon Dec-06-04 06:11 PM
Response to Reply #5
8. Looks like a gold laundering operation.
It's like we're opening a Pandora's Box.

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eowyn_of_rohan Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-04 11:04 AM
Response to Reply #8
9. Yes, that is what it looks like to me also.
Pandora's box is right. And Hilary was right about the vast, right-wing conspiracy.
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Razorback_Democrat Donating Member (756 posts) Send PM | Profile | Ignore Tue Dec-07-04 11:09 AM
Response to Reply #9
10. Yes she was right about the vast right wing conspiracy
and I wouldn't be surprised if gold were involved

Factually, people like Mellon Scaife, and others have funded the upstarts of right wing think tanks, books, talk radio, print rags like the spectator, etc.

And there were many who went after the Clintons, and a conspiracy is defined as when 2 or more people speak about their plans,

so she got flamed, but there was and is a vast, even vaster now, right wing conspiracy.

I recommend "What Liberal Media" by Eric Alterman as a good read on the right wingedness of the mainstream media as compared with liberal media in Europe, and the really right wing media that has sprung up over the last 10 years.
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eowyn_of_rohan Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-04 11:21 AM
Response to Reply #10
11. Thanks for the recommendation
I've read some of his work, but not this.
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NVMojo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-04 11:59 AM
Response to Original message
12. interesting that this gold stash news would be coming out now with
gold at record levels today and increasing pressure is on everyone to reveal how much gold they are actually holding ....
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eowyn_of_rohan Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-04 12:14 PM
Response to Reply #12
13. Oh, and I am SURE everyone will be on the up and up ;) nt
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