Classified docs on "Nano" kill-switch program released by Dr. Bill H. Weld

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Published on Oct 11, 2013


Classified docs on “Nano Domestic Quell” DoD kill-switch program released by Dr. Bill H. Weld


This is how the military will be respond to the economic collapse, and how they will put down armed uprisings, riots and domestic revolts.


As promised, these are some of the classified documents given to me by my good friend in the Department of Defense, a very highly ranked official I have known for many years.

The program is called “Nano Domestic Quell”.

As the documents clearly demonstrate, the U.S. government has embarked on a program to implement a secret “Armageddon nano device” that mimics a flu virus, to be activated on the public in the instance of domestic uprisings, riots and armed resistances.

The nano devices are in, or “carried” by, an estimated 87% of the population at this point, with a projected 98% inflected by 2014.

Chances are, you already have this nano device inside of your body as you read this.

Please understand: these nano devices are inert until activated by a radio signal or transmission.

You are safe until a cell tower, drone or other method of transmission activates the device. (I do not personally know how this transmission works. The documents I’ve received do not go into any detail on that specifically. I do know drones and cell towers will be used, however.)

Once activated, the device will mimic the flu virus. You will be dead within 10 to 12 days. There is no known cure or way to prevent this. (I go into more detail on this in some of my videos, of which I recommend viewing all of them to fully understand and appreciate what is going on.)

The military can target very specific locations, particularly with drones (why do you think they want drones over U.S. skies so desperately?). They can target a room, a small house, an apartment complex, a city block, a town, or a whole metropolitan area.

By simply firing this signal, the nano devices in your body will be activated and you will die from what will appear to be a very severe case of the flu.

The virus outbreak can scale from individual or group-targets, or to a large city-wide outbreak.

This program was not created to kill everyone. Let me repeat: they are not trying to kill everyone. They created this program to deal with domestic uprisings during an economic collapse.

It is now ready and being implemented. When the collapse happens, they won’t have enough troops to control the country or deal with the armed resistances. They needed another way of keeping control. By not having to fire a single shot to put down an armed uprising, they’re essentially “killing two birds with one stone”. A flu virus will appear to be a random “act of God” instead of perceived government aggression.

Why do you think they haven’t banned guns? They don’t need to with this system in place.

Please bear in mind that there is an active campaign underway to discredit me, attack me and bring me down. Please understand my children are sick and I believe their sickness — a bizarre skin condition that is worsening for both of them — is a result of my blowing the whistle. I believe they have been harmed intentionally. I believe they are trying to send me a message by messing with my children.

I need your help. I need your trust. I need you to help this spread. I have more documents, with even more frightening information, but at this point, my life is in danger. If no one is paying attention or listening, it does me nothing to continue with this, other than put my life and the lives of my family in certain danger, all for nothing.

If it doesn’t spread or go viral in some manner, we are finished, because they will continue to destroy me, remove any trace of me from the internet (records from my some of my previous employers are already missing, among other things), they will destroy me and the public will never find out about this.

Please pray for us, pray for my wife, Helena, my son, Bill Jr., my daughters, Katherine and Grace. We need your help more than ever.

If you need to contact me, please feel free to email me personally:

Download high res copies of these classified documents at my blog:

In Christ,

Dr. Bill H. Weld

P.S. I would like to thank my webmaster, Chris, for all of his help during this, and the time he’s taken to personally support me and my family. I couldn’t do it without him.

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Numberless Victims: US reluctant to admit how many civilians died in drone strikes

Published on Oct 11, 2013
The US is reluctant to admit how many civilians have died in the CIA-led drone war in Pakistan, but one UK non-profit group is digging for the truth. The Bureau of Investigative Journalism is seeking to name all the victims of US strikes in the region, in a hope it could put a human face on what’s happening. RT’s Polly Boiko has this report.


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RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.


Published on Oct 10, 2013
That question came in a comment on my video from Wednesday. It was called: “The big question!” Indeed, who scraped the bottom of the barrel to find these people that hold high offices in our governments and other major institutions? There is almost no one in high levels with integrity. Russian Today carried a news story about Edward Snowden entitled: ‘US unchained itself from constitution’ (…). Here, ironically, it was noted that Russia, in granting him asylum, actually followed international law, which the US Government is blatantly violating as it prosecutes, or attempts to prosecute those who are telling the truth. Only psychopaths fear truth; and it is people like this that seem to be at the helm of the most important positions in the world. As I said in yesterday’s video: It’s time to stop making excuses for criminal behavior. It’s time to reign in these very sick people who need major psychological and spiritual help. May God help us.

One World of Nations: Our Last Stand | Report #2

Our Last Stand | Report #2: Ackermann, Herzog and Ferrera – Unabated Fraud and Thievery… 

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  • A Nation Betrayed, a World in Disarray. We need One World of Nations, United in Ethos.
  • Let’s get the money back and rebuild our world by cooperation, not confrontation. This needs Global goodwill leaving nowhere to hide for the Perpe – TRAITORS! Let America flourish again. Allies working together.

One World of Nations
Report #2
10 October 2013

Vast Trillions have been sequestrated and squandered, yet the world is facing ever more conflicts, incited, armed and funded by a myriad of Agencies and Clandestine fronts all activating discord to justify ever more costly Military intervention. Enriching the Cabal, more collateral damage and costly Contractors boots on the ground.


Asia is remodeling, emerging and thriving. Educating, innovating and manufacturing, creating wealth, products and hope. Asia is developing integral Infrastructure and enriching its societies. The Cabal enriches only itself, living off decent American society as a vast, parasitical tapeworm. Vast Trillions have been sequestrated from trusting nations, either looted by Military and Agency Vandals, or in Bait and Switch operations between the US Treasury and that Cabal Mafia Counting House, the Federal Reserve Bank of New York. Neither audited, nor subject to Congressional Oversight. A parasitical Pig Trough to Money Launder the proceeds of both Military and Political infamy. Ugly, pernicious and criminal. A training ground for onwards secondment to the US Treasury itself. Where have the vast stolen Trillions gone to? Why have hard working Americans been denied benefits?



Other nations, despite naivety of political realities, are facing integral dependency on US survival and recovery. And there lies the core problem. The vast British Empire, failed in reality a century ago. Yet it took them over 60 years, Post Empire, to realize they no longer ruled and their party was over. So it is with America today. A nation lost, no longer fit for purpose, has lost its moral, political and economic compass. A clueless, inexperienced Illegal Manchurian immigrant, placed into the White House by subterfuge and vote rigging, rules in between tantrums, as the one eyed man in the kingdom of the blind. While the Cabal continues to loot the carcass of Americas remaining Fiscal Sovereignty, immune to retribution or even reality. As exampled last week where the Military forced the ADVANCE payment of a further $5B to Military Contractors boots on the ground, carrying their immoral wars into Asia, while America decays and disintegrates. 


Bribery and corruption precedes allocation of State Contracts for either Services or Development permission. Political funding contributions to the hogs at the trough dictate controls and debts of the Fiefdoms. The moral imperative has gone. Indifference and apathy rules an increasingly dumbed down electorate. Welfare dependencies control the Democratic vote, with many contributing nothing, yet dictating the Political evolution and disintegration of America, to the cost of the real workers and Wealth producers. Real workers work to pay for non-workers who say. America is trapped in a debt vortex spinning ever more out of control. A nation in disarray, deluded it still has an Empire.  

But, for a decade more, while the Baton of Global Leadership is changing, the world is still entwined with the one eyed hog at the trough dropping enough crumbs to feed their growing litter. Therein lies the unfolding nightmare. The Bonfire of Vanities as Wall Street Bankers torch the nations in an orgy of greed, or the Political fiefdoms grabbing their own pernicious licks at the trough that is Washington today. Another disintegrating Roman Empire. Looted by the Vandal hoards within.

This is a Global pandemic we are all in together. Corruption and sleaze rules politically. The convoluted rot of the European Union is as bad. As are the Feudal Fiefdoms of the Middle East or Asian Dictatorships. Where does recovery start, if not in the hearts and minds of men? Freedom is a concept.
As is Democracy; Society itself has always evolved because of the aspirations, visions and Leadership of the few. Reactionaries who become Innovators, then Leaders:

  • MLK- “I had a dream”. 
  • Mandela was imprisoned as a deeply flawed man, but one who emerged 36 years later to become a truly great one. 
  • Gandhi. 
  • The Apostles. 
  • Mohammed and Islam emerged. 

Each aspired seeking to change the moral compass of society as was. 


The more we investigate, the deeper the scale of corruption we find. Even the Global links of supposed Enforcement have become corrupted and compound, as exampled by the Interpol arrest of Michael Herzog, the Bagman for Bush, who defrauded Falcone, and the suppression of FBI investigation of Bush and Biden in Florida. Vast projects have been lost. Katrina victims denied the planned new communities and Infrastructure investment, all to fund Political and Agency corruption by the Bush Cabal. Herzog has threatened to turn over all his files on Bush and the Clintons if he is again arrested and made to pay back what he has defrauded and stolen with them. Herzog can help recover Trillions for America if he is put on trial. He has vast records of mass corruption and theft as were taken from his safe when he was arrested by Interpol. Many deeply incriminated Bush. When will Congress get him extradited with many hundreds of Billions to recover for the American people here alone? Congress MUST GET HERZOG AND JOSEF ACKERMANN EX DEUTSCH BANK TO AMERICA TO FACE TRIAL! KEY PARTS OF BUSHES LAUNDERING TEAM.

Where does the fight back even start if not with exposure? So, allow us to lead in again with the powerful case of Lord James in the House of Lords. From that, exposure can start. 

So, we come in again from where the first approaches were made to the Lords, and have commenced again even now as they seek to “Induce” ever more political entities, offering Fees for Sovereign Guarantees! Corruption!

All the Noble Lord alluded to was true. He was attempting to alert the Members of the House about a potentially grave problem now uncovered, which had serious potential consequences for the standing of London’s own invaluable Capital Markets, and the attendant risk to the economy. Dirty money, on such a scale, was more toxic than a dirty bomb as inherent Banking solvency risk. But then, analyzing it begged the question, what the hell was hiding behind as it has Cabal and corruption stamped all over it. 

The role of the Lords, akin to Congress itself, is to act as check and counterbalance to political misjudgments or adverse direction changes. As part of our investigations, we have been advised of certain members of SIS itself, having an “unreasonably close” relationship with certain US Agency entities. Worse, we were also advised that US Agencies had it covered with UK parties ready intercede protecting them. Not a good sign! Nor an acceptable one. Even then little did we know the scale and depth of what was about to unfold. Nor the staggering scale of what lay behind. 


Also we were reminded that John Scarlett of British Intel notoriety compromised the integrity of SIS for decades after his naïve support for that loose cannon, Labour ( Democratic Party ) Spin doctor, reformed alcoholic Campbell offered a naive Student report of WMD evidence, all to support greasy Phony Tony Blair’s need to over integrate himself with George W Bush 43’s clear intent to propagate war with Iraq at any cost. 11If MI6 could not tell the difference, is the Agency even “Fit for Purpose? A million will have died, for their belligerence and Cabal profiteering GREED! For that,
lap dog Blair was rewarded by opportunities to dip his 
eager spoon into the sleaze pots of the Bush gruel 
bowl as a future Bush Gofer. 

They lied, a million died. Reprobates. 

Lord James was rebuffed by irascible Lord Sassoon acting as the Treasury spokesman, who failed to do a serious forensic check, and a Treasury Mandarin, who again acted on a cross Bankers rebuttal, not a detailed financial forensic search to address truth. Of such Plebian ineptitude are countries run. A Bankers panic denial they believed and failed to dig deeper with compelling evidence of misconduct? Bankers?A Prostitutes denial fobs of Governments. 

In the meantime, $15T of illegally created money WAS laundered through colluding and LYING Bankers, and is now traded via new Caribbean links, again evading taxes and accruing vast profits for many. Just not for the American or British nations. Politicians and Agencies understand nothing of the Gray Screens and vast Tax evading Offshore Profit routed realities. The lying, conspiring Bankers have just made monkeys of them yet again.

Government Officials are so easily fooled by conniving Bankers. They made Mugs of them. Homeland Security and the Fed pulled off a major cosmetic book balancing scam to cover up a giant Fiscal shortfall and walked clear. No Inquiry- No audit. Where is Congressional Oversight? Where is that money? What of the REAL, vast Riyardi FRB NY Grey Screen activity which has aggregated Trillions? Who benefited?

CONGRESS – Will you agree to a Joint Congressional / House of Lords Publicly part staffed task Force of Inquiry, with partial high level Professionals, to carry out intense Forensic Financial Investigation, to recover all those and more funds, and to apprehend ALL those responsible? These funds and Falcone’s alone rebalance the economies and fund Infrastructure. 

What of the 5 CIA Agents, also directed by Bush 41, using US Government planes at the countries expense to fly around moving and Laundering Biden’s $200M Bribe money to avoid Falcone’s pursuing Investigators? Why have none been arrested? Each are known and in fear of trial.

When will McCall be brought before a Congressional Committee of Inquiry? The vast array of Pureheart files held are incriminating and fascinating. They hold hard evidence of arrogant criminality. 

Questions abound from even this small overall section of information from the colossal libraries held, including but not limited to, the following:

Why is the Federal Reserve committing fraud on such a large scale and for whom?

Click on image to view larger  

What was so important about this transfer that the Federal Reserve via Pureheart fraudulently made up the 750,000 metric tons of gold that Yohanne Riyadi didn’t own in the first place to “legitimatize” the transaction? We will provide follow up reports detailing the real truth of the Riyardi accounts and history. Who gained, who lied, who stole, and who conspired in this vast web of deceit. We know the in depth reality of all of it. 

Who were Pureheart Investments, Ltd. and why were they the intended fortunate recipient of 15 trillion dollars of fraudulent money? How much more do they control? How many nations bought into it? We hold records of some. 

Why haven’t the House of Lords seriously investigated this instead of being fobbed off?  

The party line excuse was, it didn’t show on radar so it can’t have happened. It was a closed loop Ledger and SWIFT transfer, damned right it evaded Radar. It only needed help cook the Fed and Treasury books. They failed to lift the skirts and check what was really hiding beneath. A Bankers denial obfuscated truth. Lying Bankers suckered them! Again! How naïve are Governments?
Why hasn’t British intelligence, Interpol and banking regulators investigated this?
Why hasn’t Speaker Boehner started a Congressional inquiry into this?

Why hasn’t the FBI investigated this? (As with the Falcone investigation where 

Florida FBI has been stopped from investigating Bush, Biden and Romney)

Why hasn’t the SEC investigated this?
Why hasn’t the mainstream media investigated this?

The deeper you go, the more questions will arise. Questions that need to be posed to law enforcement all over the world. Questions that need to be posed by people all over the world to their elected leaders and politicians. Perhaps we can supply the background research and intelligence for a more in depth investigation by the various authorities who are given this responsibility by the very people that pay their salaries, benefits and pensions.

Pureheart via McCall attempted to access the British House of Lords offering large Trojan Horse Loans, with terms too good to be true. Operating behind their corporate veil. Consequently, we have conducted numerous interviews, reviewed stacks of documents and took our research to the ends of the earth. The Pureheart story is rich with history, intrigue, deception, fraud, and conspiracy. Much more in stages. It needs and merits a full Congressional Inquiry and prosecutions.
Origins of the Shadow Government

We will provide information that we’ve received with the caveat that we have not had time to confirm everything we’ve been given; however, we will try to comment on certain issues and subjects where appropriate. We have also included articles and work done be other researchers that we know to be accurate as the story, if written completely, would contain several volumes that would rival the Encyclopedia Britannica in both length and information.

The Bush crime families’ involvement with the Nazis goes back to WWII and Prescott Bush’s financing of the Hitler war machine. In October, 1942, Union Banking Corporation, of which Bush was a Director, was seized under the “Trading with the Enemy Act”. After the war was over, Operation Paperclip was established to bring in Nazi scientists and intelligence assets to the United States to work for the government in various capacities.
We have been informed that during the 60’s, the “Group of Five” was created to form the shadow Government that exists and thrives today. The names are as follows: George Bush, Sr., Major General Edward Lansdale, William Colby, Roberto Ferrera and Richard Armitage. The common thread for all of them is the CIA (formerly the OSS) and hence the origins of the Fourth Reich in the United States. Funding for this endeavor is believed to have been provided by two Saudi Kings, King Faisal and King Fahd. Additionally, mobster Lucky Luciano’s name has been mentioned as a funding source for the Shadow Government, all revealed and exposed within the deeply incriminating Pureheart files now held.

Roberto L. Ferrera
Roberto Ferrera was one of the founding members of the Group of Five and admittedly part of the CIA. We’ve access links to articles and documents which refer to Ferrera in his involvement in various activities and schemes while pursuing and carrying out the agenda of the Nazi NWO. We will now unveil the dirty secrets of the transition of Ferrera as parties “Allege” he then became Lorin William Rosier and the creation of Pureheart Investments, LTD. More on that later. Tangled webs of deceit? 

On November 22, 1993, Roberto Ferrera was arrested by the FBI in New York and brought before a Federal judge in the Southern District of New York, case number 1:93-mj-02506-UA-1, United States v. Ferrera. On November 23, 1993, Ferrera appeared before a Federal Judge and waived his removal hearing and consented to be transferred to the Federal Court, Northern District of Illinois. The complaint filed by the US Attorney against Ferrera was 18 U.S.C. 371; Conspiracy to commit offenses against the United States, namely wire fraud involving counterfeit foreign securities. Per the docket, on November 29, 1993, Ferrera was transferred to the custody of the Northern District of Illinois for prosecution of securities fraud. 

The original complaint, case number 1:93-cr-00842-1, USA v. Ferrera, et al was filed and an arrest warrant was issued on November 19, 1993 in Federal court, Northern District of Illinois, Cook County, City of Chicago. The complaint listed 8 counts of conspiracy to commit offenses against the United States, namely wire fraud involving counterfeit securities. Among the eight (8) counts were six (6) counts for postal, interstate wire and radio fraud in addition to two (2) counts of forgery. Ferrera appeared for the first time in the Illinois Federal court on December 9, 1993 after his transfer from New York. On April 28, 1994, seven (7) counts of fraud were filed against co-defendants John Binnett and Paul W. Graffia and eight (8) counts filed against co-defendant Lion Bernard.

On May 5, 1994, all four defendants plead not guilty to all counts. The US Attorney asked for and was granted dismissal of the original complaint on May 11, 1994 and then refilled superseding indictments on June 30, 1994 against all defendants: Roberto Ferrera 8 counts, John Binette 8 counts, Paul W. Graffia 16 counts and Lion Bernard 8 counts. On July 14, 1994, all defendants entered not guilty pleas to all counts. Trial was originally scheduled for November 7, 1994 but later rescheduled for July 10, 1995. On May 17, 1995, motion for bond modification filed by Ferrera was denied by the court and Ferrera ordered to remain in custody until trial. On June 22, 1995, Ferrera withdrew not guilty pleas to Counts 1-8 of the superseding indictment issued on June 30, 1994 for the following counts:

18:371 Conspiring to commit offenses against the United States, namely wire fraud involving counterfeit foreign currencies.

Count 1s – 18:371 – Larceny and theft
Count 4s – 18:1343 – Postal, interstate wire and radio fraud
Count 5s – 18:1343 – Postal, interstate wire and radio fraud
Count 6s – 18:478 and 2 Counterfeiting aid and abet
Count 7s – 18:478 and 2 Counterfeiting
Count 8s – 18:1343 – Postal, interstate wire and radio fraud
Sentencing was originally set for November 6, 1995 and subsequently reset four (4) times, before Ferrera was sentenced to seventy-one (71) months on January 24, 1996. He was to be given credit for time served (26 months), a term of 3 years supervised release and fined $300. One week later on February 1, 1996, Ferrera filed an appeal of the sentencing order. On February 24, 1997, the decision of the 7th District Court was affirmed by the 7th Circuit court and filed in the docket on March 19, 1997. On September 3, 1998, Ferrera submitted and was granted a motion to be transferred to a halfway house in Los Angeles, California. The Federal Bureau of Prisons indicates that Ferrera was released from custody on January 15, 1999. The court docket also states that on two occasions, August 8, 1995 and January 13, 1996, the court issued minute orders to allow Ferrera’s wife, Raquel Aguirre special visits while Ferrera was in custody. One of the minute orders indicates that Aguirre was granted the special visit “to accommodate Mrs. Aguirre who is visiting from Mexico”. The docket also refers to medical attention requested by Ferrera on several occasions but isn’t specific as to the condition to be addressed or any further details. These are your Senior CIA Criminals at work! Convicted Criminals- Conspiring against the United States now running Homeland Security Fundraising Operations!

Investigative reporter Wayne Madsen exposed some details of the court proceedings in his article entitled “Votergate – More Details Emerge” written December 1, 2004. Madsen reports that Ferrera claimed in court documents that he was a Mexican Army General and an official of the PRI political party in Mexico. As reported by Madsen, the fraud involved $11 billion in Mexican promissory notes. 

These are REAL Agency Convicted Criminals at work. Where are they now and how much was taken? How big does it get? The answers to that are staggering. They have created a Global Conglomerate of such magnitude as to defy belief in the integrity of Governments anywhere. Now, they OWN Governments and vast holdings worldwide. Criminality has bought the world. The James Bond creation of the Dr No version of SPECTRE has become reality. THAT is where the vast funds have gone to and merits a vast report of its own. More will be released in phases. The scale of their duplicity is truly awesome. As the Mainstream are now controlled by 6 Corporations, all SOLD OUT to the Cabal, was there ever a greater need for all the Blog sites and ALL OF YOU to unite your voices worldwide and fight for Americas Liberty and rights? Always, they have been there for us all. Let’s become Patriots of One World of Nations and stand with our Brother Men in America to fight for Liberty and the restoration of the values of the American Constitution. America must not become the next Benghazi, brave men sold out by Treasonous vermin in power. Wake up Paul Revere, America needs you!



Looting the Pension Funds

All across America, Wall Street is grabbing money meant for public workers

September 26, 2013 7:00 AM ET

In the final months of 2011, almost two years before the city of Detroit would shock America by declaring bankruptcy in the face of what it claimed were insurmountable pension costs, the state of Rhode Island took bold action to avert what it called its own looming pension crisis. Led by its newly elected treasurer, Gina Raimondo – an ostentatiously ambitious 42-year-old Rhodes scholar and former venture capitalist – the state declared war on public pensions, ramming through an ingenious new law slashing benefits of state employees with a speed and ferocity seldom before seen by any local government.

Detroit’s Debt Crisis: Everything Must Go

Called the Rhode Island Retirement Security Act of 2011, her plan would later be hailed as the most comprehensive pension reform ever implemented. The rap was so convincing at first that the overwhelmed local burghers of her little petri-dish state didn’t even know how to react. “She’s Yale, Harvard, Oxford – she worked on Wall Street,” says Paul Doughty, the current president of the Providence firefighters union. “Nobody wanted to be the first to raise his hand and admit he didn’t know what the fuck she was talking about.”

Soon she was being talked about as a probable candidate for Rhode Island’s 2014 gubernatorial race. By 2013, Raimondo had raised more than $2 million, a staggering sum for a still-undeclared candidate in a thimble-size state. Donors from Wall Street firms like Goldman Sachs, Bain Capital and JPMorgan Chase showered her with money, with more than $247,000 coming from New York contributors alone. A shadowy organization called EngageRI, a public-advocacy group of the 501(c)4 type whose donors were shielded from public scrutiny by the infamous Citizens United decision, spent $740,000 promoting Raimondo’s ideas. Within Rhode Island, there began to be whispers that Raimondo had her sights on the presidency. Even former Obama right hand and Chicago mayor Rahm Emanuel pointed to Rhode Island as an example to be followed in curing pension woes.

What few people knew at the time was that Raimondo’s “tool kit” wasn’t just meant for local consumption. The dynamic young Rhodes scholar was allowing her state to be used as a test case for the rest of the country, at the behest of powerful out-of-state financiers with dreams of pushing pension reform down the throats of taxpayers and public workers from coast to coast. One of her key supporters was billionaire former Enron executive John Arnold – a dickishly ubiquitous young right-wing kingmaker with clear designs on becoming the next generation’s Koch brothers, and who for years had been funding a nationwide campaign to slash benefits for public workers.

Nor did anyone know that part of Raimondo’s strategy for saving money involved handing more than $1 billion – 14 percent of the state fund – to hedge funds, including a trio of well-known New York-based funds: Dan Loeb’s Third Point Capital was given $66 million, Ken Garschina’s Mason Capital got $64 million and $70 million went to Paul Singer’s Elliott Management. The funds now stood collectively to be paid tens of millions in fees every single year by the already overburdened taxpayers of her ostensibly flat-broke state. Felicitously, Loeb, Garschina and Singer serve on the board of the Manhattan Institute, a prominent conservative think tank with a history of supporting benefit-slashing reforms. The institute named Raimondo its 2011 “Urban Innovator” of the year.

The state’s workers, in other words, were being forced to subsidize their own political disenfranchisement, coughing up at least $200 million to members of a group that had supported anti-labor laws. Later, when Edward Siedle, a former SEC lawyer, asked Raimondo in a column for how much the state was paying in fees to these hedge funds, she first claimed she didn’t know. Raimondo later told the Providence Journal she was contractually obliged to defer to hedge funds on the release of “proprietary” information, which immediately prompted a letter in protest from a series of freaked-out interest groups. Under pressure, the state later released some fee information, but the information was originally kept hidden, even from the workers themselves.

“When I asked, I was basically hammered,” says Marcia Reback, a former sixth-grade schoolteacher and retired Providence Teachers Union president who serves as the lone union rep on Rhode Island’s nine-member State Investment Commission. “I couldn’t get any information about the actual costs.”
This is the third act in an improbable triple-fucking of ordinary people that Wall Street is seeking to pull off as a shocker epilogue to the crisis era. Five years ago this fall, an epidemic of fraud and thievery in the financial-services industry triggered the collapse of our economy. The resultant loss of tax revenue plunged states everywhere into spiraling fiscal crises, and local governments suffered huge losses in their retirement portfolios – remember, these public pension funds were some of the most frequently targeted suckers upon whom Wall Street dumped its fraud-riddled mortgage-backed securities in the pre-crash years.

Today, the same Wall Street crowd that caused the crash is not merely rolling in money again but aggressively counterattacking on the public-relations front. The battle increasingly centers around public funds like state and municipal pensions. This war isn’t just about money. Crucially, in ways invisible to most Americans, it’s also about blame. In state after state, politicians are following the Rhode Island playbook, using scare tactics and lavishly funded PR campaigns to cast teachers, firefighters and cops – not bankers – as the budget-devouring boogeymen responsible for the mounting fiscal problems of America’s states and cities.
Secrets and Lies of the Bailout

Not only did these middle-class workers already lose huge chunks of retirement money to huckster financiers in the crash, and not only are they now being asked to take the long-term hit for those years of greed and speculative excess, but in many cases they’re also being forced to sit by and watch helplessly as Gordon Gekko wanna-be’s like Loeb or scorched-earth takeover artists like Bain Capital are put in charge of their retirement savings.