Sunday, March 28, 2010

Filipino lady would be potentially the richest person in the world. We're talking about 1.3 trillion dollars in gold and cash in well-documented acc..

I just ran into this article about "Project Hammer - Covert Finance and the Parallel Economy". And, well, I'm always interested in good conspiracy stories and possible scenarios for what is going on behind the scenes. But here it sticks a little deeper, as I happen to know some of the players in the story. Project Hammer is apparently a high-yield investment program of gargantuan proportions that was run by intelligence operatives and shadey bankers. Dealing with amounts that, as it says, would challenge whatever reality you had about international banking, just by their fantastic and unbelievable amounts. Multi-trillion dollar funds.

"Research shows that gold recovered by the forerunner to the CIA--the Office of Strategic Services (OSS)--was deposited in Citibank (and many other banks, too), not in the name of the OSS or CIA but in the name of one of their operatives, Severino Garcia Santa Romana.

On his death in 1974, some--but not all--of Romana's "assets" appear to have been illegally acquired by former Philippines President Ferdinand Marcos, who was at one time Santa Romana's attorney. According to Santa Romana's widow, her husband gave Marcos a limited Power of Attorney for use solely in the Philippines, since he travelled abroad regularly. It seems that Marcos somehow made use of this to gain control over Santa Romana's gold and other assets.

It also appears likely, based on documents in this writer's possession, that considerable quantities of gold once held by Santa Romana were later placed under the control of former CIA covert operator Major-General Edward Lansdale. However, these assets were lodged with the Union Bank of Switzerland. Again, it is worthy of note that they were placed in Ed Lansdale's name, not in the name of a US Government agency. These assets are very clearly off the books.

Large quantities of gold held by Citibank remained in the account names of Severino Garcia Sta. Romana and José Antonio Diaz de la Paz (the latter being a well-known alias for Santa Romana) under reference codes "Fanerst King Fisher" and "Burgst Harbor King" respectively.3 These have been the subject of a legal wrangle between Santa Romana's heirs and Citibank's John Reed.

The fact that the gold held by Citibank and others may not have been in the name of the Central Intelligence Agency or the Federal Reserve--but, rather, was in Santa Romana's name--may have been all Citibank needed to wriggle out of a poorly crafted question."


Severino Santa Romana's widow's name is Luz Santa Romana. I've met her several times. Mindblowing of course that this frail little old philippino lady would be potentially the richest person in the world. She was the primary heir as well as the executor of the estate of Severino Santa Romano. We're talking about 1.3 trillion dollars in gold and cash in well-documented accounts. Yeah, ok, most "normal" people will instantly get overwhelmed with disbelief and will stop listening, after hearing such outrageous amounts and fantastic stories. But, well, confirmations keep appearing from many corners. And, personally, after spending time with some of the key people, my initial disbelief gradually turned into the realization that things probably were pretty much like they presented them.

Luz re-married to Jim Brown, an American businessman who had already spent years researching such matters. And together they went to work on trying to access her inheritance. And they were having loads of problems with it. One time after another it was really close, but the bank pulled out at the last moment, suddenly deciding they needed another piece of paper that wasn't available. Or an assortment of other strange things happened.

It isn't very strange of course. If we're talking about a behind the scenes operator, moving around large sums of ill-begotten wealth, which is used for dealing arms, covert operations, bailing out banks behind the scenes, etc, and some of the funds incidentally were still in his name when he died, it is not just going to be handed over to his little old widow in a plastic bag. Because the people who were using it didn't consider it his personally, whatever it said on the accounts. And the amounts are so large that they can only be moved around very carefully without crashing national economies. You can't just go and withdraw hundreds of billions of dollars and put them in a briefcase. Anyway, Jim and Luz didn't even succeed getting a few million withdrawn. Because, of course, if they succeeded at that, they could much better demand the rest. Besides, the point is that the funds mostly weren't there any more. They had been snatched up by some of the people who were used to playing with them, plus by some people who found ways of gettting their clammy hands on some of them, like Marcos.

My reasons for being interested was in part that these were otherwise normal and pleasant people, and they were having problems they needed help with. Some rather weird, interesting and unusual problems, but still. Secondarily, in case they did happen to get access to even a portion of the lost billions, I could certainly think of ways of helping them flow them in good directions. I'm not thinking of myself, but rather, you could make a hell of an influential non-profit organization with just a very small chunk of the amounts we're talking about. So, in part what I did was to invite a group of people to think together about how one might do that, and how we could present it. And a team of dedicated folks worked for several months and came up with a draft plan for the New Civilization Foundation. The general idea was to support viable distributed alternatives to the oppressive and centralized way things otherwise are done.

I handed the plan to Luz and watched her as she read it over carefully. She didn't blink over the suggested 10 billion dollar yearly budget. As a matter of fact she nodded and said she'd really like to support it, but she had to apologize that it unfortunately wasn't possible at that exact moment.

It didn't particularly get much closer. Luz passed away now a couple of years ago. Jim is her heir, so in principle it is all in his hands. But increasingly unlikely. And he's tired of trying. So, he's concentrating on his book about the whole affair. Here's the simple site I set up for him earlier. The book was initially the "insurance policy". He would publish it, with all the juicy details and names and documents, if the banks didn't cooperate. Well, they didn't and probably won't. And bringing the story to light is more where Jim is at now. The book has grown from the initial one volume to four volumes. He hopes to make the actual publishing happen shortly, and I'm working on a new version of the site for him. see link to original page

Saturday, December 20, 2008

The Gulf tourist

IF you happen to travel abroad, look at foreign tourists and compare him with those from the Arab Gulf region. The foreign tourist will most likely plan his trip day by day while the Gulf tourist will have no ready program but will leave it to work out itself day after day and hour by hour. The foreign tourist is keen to visit museums, as well as historical and tourist sites while the Gulf tourist will roam through markets, sit in cafes and hang out where other Arab Gulf tourists hang out. The foreign tourist will be fatigued by his daily activities while the feet of the Gulf tourist will be tired from his walk in the markets; his stomach will ache from too much food and his eyes will be dazzled by observing his other fellow Gulf tourists. For the foreign tourist, the vacation is a rare opportunity to learn about the lives, traditions and cuisines of other people. For the Gulf tourist, the vacation is a chance to meddle in the lives of other Gulf tourists who happen to be with him in the same place. It is also an opportunity for him to forget his traditions and values. Ironically, the Gulf tourist is usually looking for the very Arab food that he left at home. read more...........

Monday, December 15, 2008

World's third largest mall to open in Philippines

The world's third biggest shopping mall is to open in the Philippines capital this week, a vote of confidence on the country's economic prospects amid a global slowdown, its owners said Thursday. The launch on Friday of a 90,000-square-metre (22-acre) annex will make the SM City North Edsa mall the third biggest in the world with a gross floor area of 425,000 square metres (105 acres), SM Prime Holdings Inc. said in a statement. The company, a holding firm of the country's richest man Henry Sy, also owns the world's fourth, seventh, and 11th biggest malls, it added. SM Prime President Hans Sy said launching the project amid the global crisis "speaks of how we view the longer-term prospects of the country." read more.................

Wednesday, November 26, 2008

Beijing brushes off Guns N' Roses' "Chinese Democracy"

China gave short shrift to U.S. rockers Guns N' Roses' controversial new album "Chinese Democracy" Tuesday, saying the music was bad and that they were not that popular anyway. The band's first album in 17 years was released Sunday and its Geffen Records label has already said it thinks it unlikely to be approved for release in China. "As far as I know, many people don't like this kind of music," Chinese Foreign Ministry spokesman Qin Gang told a news briefing. "It's too noisy and clamorous." Formed in California in 1985, the band has sold over 100 million albums worldwide and won many international music awards. Their 1987 hit single "Sweet Child o' Mine" is frequently voted one of the great rock tracks of all time. But their new album has drawn a furious response from some Chinese Internet users, who read more...................

Monday, November 24, 2008

Blogging from 25,000 feet

Blogged with the Flock Browser

For an aviation geek like me, the simple act of flying is more then enough reason to get on a plane.

So when sassy airline Virgin America offered CNET the chance to test its new Gogo in-flight Wi-Fi service, I jumped at the chance. And yes, I'm writing this 25,000 feet or so (we're still climbing) above the Northern California coast. We're cruising on an hour-long demonstration flight out of the San Francisco International Airport. Check out the slideshow for more shots.

After passing 10,000 feet, I was able to find the sky-high Wi-Fi signal and create an account within minutes. The service works faster than I expected--not as quick as my cable Internet service at home but zippy nonetheless. Yahoo and CNET loaded relatively quickly, and CNET's Kara Tsuboi was able to stream videos. I went straight to blogging, so I didn't take much of an online tour, but it looks promising. read more..........



Sunday, November 23, 2008

Gamca clinics continue to exploit OFWs

MANILA, Philippines - Filipino nurse Sitti Rashidam Abdul thought that she had finally fulfilled her dream of working in Saudi Arabia after passing a hiring firm’s standards, only to be denied that opportunity by a failed medical test administered by an exclusive group of clinics.Abdul is just one of the many Filipinos who wished to work in Saudi Arabia but were not allowed after failing to pass the exam administered by member clinics of the Gulf Cooperation Council-(GCC) Accredited Medical Clinics Association (Gamca).Under Saudi hiring policies, foreign workers from the Philippines and other Asian countries are required to pass the medical tests conducted only by Gamca clinics that use the “referral decking system."The “referral decking system" is a centralized medical referral decking system established in 2001 by GCC states — Saudi Arabia, Oman, Qatar, Kuwait, United Arab Emirates, and Bahrain supposedly to stop the proliferation of fake medical certificates and the transfer of communicable diseases from foreign workers to citizens of the GCC-member countries. read more......................

Saturday, November 22, 2008

KSA urgently needs 600 Muslim nurses, says POEA


MANILA, Philippines — Saudi Arabia urgently needs 600 Muslim nurses to work in government hospitals in the holy cities of Makkah (Mecca) and Madinah (Medina), the Philippine Overseas Employment Administration (POEA).Outgoing POEA Administrator Rosalinda Baldoz said a recent communication from the Saudi Ministry of Health said the nurses need not have prior experience as long as they are licensed and belong to the Muslim faith.Under Saudi law, only Muslims are allowed to enter Makkah and Medina, although exceptions are made depending on the necessity. read more.....................


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