What Was It Really About?

What Was It Really About?


by Gene “Chip” Tatum
12/28/96 recently updated!









Find a depository which fits the following criteria:

1.  Large cash reserves.

2.  Much of the cash reserves should represent deposits from

an illegal activity (ie:  drug transactions).  For this

Example we will use Banco  Nacional de Panama, a reserve

depository which is protected by Manuel Noriega.   The

depositor will be  Pablo  Escobar.


Finding the proper Depository would be the function of the CIA, and in this Example we will have William Casey take on the job.



Arrange for a loan from this depository.  We will use the name of

George Bush in this example  for  the person obtaining the loan.

We will use the amount of $8 billion for this example.  Sometimes

the depository will not be very cooperative.  If this occurs, the

CIA will coerce or intimidate the depository officials  into

cooperating.  Ultimately, the loan will be made.



Split the loan proceeds in  half.   One half ($4 billion) will be

sent to Iran to purchase “super bills” at the rate of two  “super

bills”  for one authentic bill.  Thus, $4 billion in cash buys $8

billion in “super bills.”  (NOTE:   A “super bill” is a perfectly

counterfeited U.S. bill.  These bills are printed by an  Intaglio

press  which was sold to the Shah of Iran in the late ’60s, early

’70s.   The  Shah  was  also  given  the  plates,  ink  and paper

necessary  to  successfully   print   U.S.   dollars   in   large

denominations.    This   was  given  to  the  Shah  by  the  CIA.

Unfortunately, the Shah left the press, plates, ink and paper for

the Iranian Revolutionary Councils  when  he  fled in late 1978.)

The second half of the loan ($4 billion) will be sent  to  a  CIA

launderer  selected  by the CIA (Casey) for his or her ability to

move large sums of money around the world as a matter of ordinary

business.  For this example we will use the name of Nana DeBusia.

(DeBusia is the grandson of Guyana’s first democratic leader  and

owner of many U.S. and foreign banks.)



Repay  original loan to depository in “super bills.”  (Give Banco Nacional de Panama $8  billion  in  “super  bills” to replace the authentic currency it loaned. You may ask; What is a super bill? It is a counterfeit bill of such perfection that the secret service is unable to readily tell if it is real or fake! They come from presses run by the CIA in the mid to late 70’s in Iran. Unfortunately when the Ayatollah took over the country from the Shah, the presses, paper, ink, and plates were lost to the new regime.)


These “super bills” are placed in the reserve vault and, as long as they are not withdrawn  by  the depositor,  their  existence will not jeopardize the value of the U.S. dollar.  But, because they are  perfect in every way, to put the “super bills” in circulation  would  eventually  devalue  the U.S.  dollar  by  flooding  the  monetary  marketplace  with additional U.S. currency.



Arrange  to  sell  Iran  something  of  value  for  the authentic

currency used to purchase the “super bills.”  In this example, we

will use arms, ammunition  and  replacement  parts  for  military

equipment.   (We will use the name Oliver North as the example of

a person arranging the sale  of  arms  to Iran.)


In other words,

the CIA now arranges to sell Iran $4 billion worth  of  arms  and

equipment  in  order  to get the original $4 billion of authentic

currency back.  Now, the  CIA  has  $4  billion to use in funding

covert activities without relying on Congressional authority  and

funding.   If  caught,  the CIA can report the source of funds as

being from an arms transaction with Iran.



Ensure that the “super  bills”  are  not withdrawn.  This is done

through  the  process  of  neutralization   of   the   depositor.

Neutralization   is   the   use   of  intimidation,  coercion  or

termination.  In this example, Pablo Escobar is killed.



This step is not so difficult as we see in the recent information released about all the large corporations hiding their funds offshore. So in this example The CIA launderer in possession of one-half of the original loan proceeds is moving his $4  billion  through a maze of banks which are cooperative with both the launderer and the  CIA.   For  this example, we will use the following trail of deposits to banks:


A bank  in  Spain; the Vatican Bank;and  banks in Luxembourg.

Then the launderer wires from his London offices $3.8 billion in laundered

monies to  private  numbered  accounts  being  controlled  by the

original architects.  The launderer keeps $200  million  for  his

job well done, leaving the $3.8 billion in the numbered accounts.



Neutralize  the  CIA launderer.  In this example Nana DeBusia was

indicted by the U.S. on 32 counts to include bank fraud.  The CIA

stepped up in his behalf and  stated  that it would not be in the

best interest of the U.S. to prosecute DeBusia.   He  was  facing

several   hundred   years   in   prison  if  convicted.   He  was

subsequently acquitted on all counts of Laundering $200,000,000 USD.





$4 billion for use in unauthorized black ops*

(*black operations  are  those  covert  operations  performed

without the knowledge or authority of Congress.)

$3.8  billion  in  private  numbered  accounts  controlled by the

architects of the funding operation





To summarize the example, the Director of the CIA, William Casey,

approached the Ex-Director of the  CIA and current Vice President

of  the United States, George Bush, with the name of a  vulnerable

depository,  the  Banco  Nacional de Panama.  Vice President Bush

then arranged for a short term loan of $8 billion.  Bush arranged

for $4 billion to  go  to  Iran  to  purchase  super bills and $4

billion to go to  Nana  DeBusia  to  be  laundered  into  several

private accounts.  He (Bush) commissioned Oliver North to oversee

the  Iranian  connection.   North  delivered  $4  billion in U.S.

currency to Iran.  Iran gave  North  $8 billion in super bills in

exchange for the $4 billion in good U.S.  currency.   North  then

delivered  the  $8  billion  in  super  bills  back  to the Banco

Nacional de Panama.  The loan transaction is now complete.


There is $8 billion in super  bills  in the reserve vaults of the

Banco Nacional de Panama, there is $4 billion in  authentic  U.S.

currency in the hands of the Iranians, and there is $4 billion in

good  currency  with CIA launderer Nana DeBusia.  North sells the

Iranians military hardware and parts for the amount of $4 billion

and diverts a portion of the proceeds to the Contras of Nicaragua

(Iran/Contra).  Nana DeBusia, in  the meantime, is laundering the

deposits of $4  billion  through  various  banks,  including  the

Vatican’s  bank  in  Italy.   After  several  successful  banking

transactions, DeBusia presents $3.8 billion in the sound deposits

to  numbered  accounts  in  various  locations.  When the funding

operation is complete, there is $4  billion in CIA accounts to be

utilized for covert and black operations; there is  $3.8  billion

in  private  numbered  accounts  controlled  by  George  Bush and

William Casey.  Pablo Escobar,  the  primary depositor is dead to

ensure no one will withdraw the super bills.
General Noriega  was placed

in  U.S.  federal  prison, then transferred to a French prison and is now in a

Panamanian prison…(funny how that worked out, eh?)  and under constant  guard to ensure his silence, and William Casey, he drowned mysteriously while in a canoe in calm water???  leaving $3.8 billion in good U.S. currency in the control of
George Bush.

Special Footnotes

  1. Government agents first discovered Supernotes in 1990. A very experienced overseas cash handler identified one as a forgery by the feel of the paper, even thought it was printed on an intaglio press. The fake was as good as any the Secret Service had ever seen—it even contained the right proportion of embedded red and blue fibers that the Treasury Department uses as a security feature. The first Supernote became known as Parent Note (PN) 14342. The term “Supernote”—also occasionally seen as “Superdollar” or “Superbill”—originated outside of the Secret Service. It refers to all high-quality counterfeits that can be linked back to PN-14342 with forensic evidence. (The Secret Service won’t reveal how they link modern-day counterfeits to PN-14342.)
  2. In 1990, life for Pablo Escobar and his infamous Medellin Cartel would take a drastic turn when the Colombia government, under pressure from the United States, began to extradite Colombians to the US for prosecution.
    With the threat of extradition, Escobar began kidnapping prominent Colombians and killing anyone who supported extradition to the United States. But as pressure mounted he made a deal with Colombian officials and turned himself in only after authorities accepted his deal which would keep him from being extradicted.
    He was sent to a prison which was more like a private resort where he continued to run his empire. On July 22, 1992, the Colombian government decided to move him to a higher security prison in order to prevent him from continuing to conduct his illegal activites behind prison walls. But the plan failed and Escobar escaped before authorities had an oppurtunity to apprehend him.
    Escobar’s daring escape launched one of the biggest manhunts by the Colombian government with the help of the United States Delta Force, Navy Seals,the CIA, FBI, DEA, vigilante death squads, hired assasins supported by the Cali Cartel, as well as the Colombian military forces. He remained at large for about sixteen months alluding his captors until the authorites traced a telephone called he made from one of his safe houses in Medellin.
    On December 2, 1992, at the age of 44, Pablo Escobar was shot and killed in a gun battle on the rooftop of his safe house after escaping through a top floor window.


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Stew Webb served in the United States Marine Corps and was Honorable Discharge. Stew was a General Contractor-Home Builder until 3 car crashes in one year and is now disabled. Stew turned Federal Whistle blower – Activist of 31 years and has been a guest on over 3,000 Radio and TV Programs since September 18, 1991 and now has his own Radio and TV Network http://www.stewwebb.com Stew was responsible for the Congressional Investigations and hearings that lead to the Appointment of Independent Prosecutor Arlin Adams in the 1989 HUD Hearings, the Silverado Savings and Loan Hearings, the Denver International Airport Frauds hearings, the MDC Holdings, Inc. (MDC-NYSE) Illegal Political Campaign Money Laundering Colorado’s biggest case aka Keating 5 hearings and the information provided that lead to the 2008 Illegal Bank Bailout.
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