As former undersecretary of HUD, she discovered that the required annual financial statements and balance sheets were never filed as prescribed by law (also $3-4 trillion during the period 1999-2001 by the DOD). Nor does Congress have any right to conduct an audit. Clearly the clearinghouses located in Europe and elsewhere might have in their “19,000″ accounts some of these long lost funds. In short, she estimates that the total amount “missing” over the years she had access to is $10 trillion. That would certainly buy a lot of politicians, even entire governments. Enuf said.

Richard D. Gordon CP

It seems that this one individual could potentially blow the lid on the offshore conspirators and their work with the drug dealers and arms racketeers who utilise their services so easily.

I was excited to hear that Jack Blum now seems to have a role in the matter. I have read about Mr Blum in your articles and it seems to me he could be the right guy to expose a lot of interesting “activity”.

How do you gauge the potential of Mr Blum’s input?
How much danger do you think Mr Kieber is in?

Keep up the good work, - I think your work is better than reading a thriller!

Paul Jeffery (UK)

[LK: His revelations — and his DVDs with thousands of accounts! — are extremely important, because they force governments to take action against big-time tax evaders and strengthen efforts to reform the offshore system.

Jack Blum arranged Kieber’s debriefing by US officials and his videoed appearance at the Levin Senate hearings in July. He is seeking both to help his client and to use the Kieber revelations to affect the system.

Kieber, who is now undercover as a protected witness, is in a lot of danger. First, Liechtenstein charged him with a crime and obtained an Interpol warrant for him. Elements in Liechtenstein have offered a $10 million bounty for his capture. Second, organized crime figures whose accounts may be exposed want to send a message to others not to copycat what Kieber did.]

I believe the situation with laundered drug money is as bad as you say, $500 billion a year at best guess. Can you explain why the FATF have so few offshore centres on their “Non Compliance” warning list ?

A large number of these centres will be involved in the laundering of massive amounts of drug money, so how do they lure the FATF into stating that they are complying with the process of identifying money launderers ?

Is it because monies held in corporate accounts are exempt from regulations ? Is it because banks run and owned by criminals - state they are complying with the regs and reporting suspicious customers, - but in reality, - just don’t?

Is the FATF just an exercise in publicity where as in reality it is the interests of Wall Street and the City of London which are being safeguarded ?

This seems a lot of questions !! Well. I expect you are very busy. But keep up the good work. I look forward to reading more.

Paul Jeffery

[ed: FATF is the Financial Action Task Force, set up by Western governments to address money-laundering. It has few powers other than “name and shame.” ]

I already have some money local, and have to check out other accounts to see if I need to move them, peanuts in terms of amounts, but I am taking her advice whenever possible. Unfortunately, I really have not say in my retirement PERS, as we have no right of management of funds, and I know from several articles, that they have made some “mistakes”, perhaps they are part of the problem, as are JP Morgan, etal., as well.

Thanks again for your effort in publicizing this wonderful article. My biggest sorrow to date is that this information has come to me so late in the game, but better late than never, and I have retirement to look forward to in 1.5 years, and will be doing as many seminars with Catherine Austin Fitts audios as I can possible afford.