As the national attention has been focused on the “egregious,
reprehensible, indefensible” personal behavior of our national disgrace,
dark forces work in the shadows to synthesize a threat far greater than
a sexual predator in the oval office.

Russia and China have been conspiring (covertly and openly) to
undermine the strength and viability of the United States of America.
This claim is not the product of right-wing wacky paranoia. … It is
real, growing, and significant.

My friend and publisher, Joseph Farah, often suggests we “Connect the
Dots.” I have taken his advice and connected a variety of separate
issues and interviews, and the conclusion is scary.

About a year ago, I interviewed Col. Stanislav Lunev regarding his
book “Through the Eyes of the Enemy.” When Lunev’s book came out, most
everyone focused on his claims of suitcase-size nuclear weapons he
reported were already here in the United States. However, although it
makes for a jazzy movie, the briefcase nukes are only one element in a
long list of items which suggests to some experts, that Russia is
preparing for a first-strike war.

When I first started hearing reports of a Russian precipitated first
strike, my immediate reaction was “Bullfeathers!” Hell, Russia is in
financial ruin, can’t feed their people, can’t pay the military, and
couldn’t find or field a full division anymore than they could find
their collected derriere with both hands. That is the “conventional
wisdom” I had come to believe. … I was wrong, way wrong.

I recently interviewed a young intelligence researcher (Jeffrey
Nyquist) who listed several ominous “dots” in the wake of more extensive
interviews with Lunev:

  • Russia is stockpiling grain.

  • Russia continues to beg for more food from the West.

  • Russia is slaughtering its herds.

  • Russia is increasing fuel production.

  • Russia is stockpiling fuel.

  • Slaughtering fur-bearing animals.

  • Russia continues to build weapons despite treaty agreements to the

  • Russia continues to expand its deep water navy.

  • Russian weapons systems are vulnerable to potential Y2K
    catastrophic failures. Several experts suggest Russia feels compelled to
    “use it or lose it” regarding its arsenal.

  • Russia recently entered into an alliance with Communist Red China
    specifically designed to undermine the West’s dominance as a world

  • Russia continues to lie, obfuscate, deny and dissemble regarding
    all the above.

  • Russia refuses to allow any kind of inspections as a condition for
    receipt of any western aid.

  • Development of vast underground “cities” capable of housing over

Any one of the above elements alone might be rationalized, explained
away, or spun as “no big deal.” However, as you connect the dots, a
sickening feeling grows.

David Hoffman of the Washington Post Foreign Service recently
reported “a scandal over an offshore fund handling Russia’s foreign
currency reserves.” He reported “a member of parliament charged that the
Central Bank allowed the reserves to be used for buying and selling
securities and then concealed the profits from the government.” No, this
isn’t the Clinton cabal, this is the poor destitute Russians.

The Washington Post reports: “Nikolai Gonchar, an independent member
of the lower house of parliament and of its budget committee, raised new
questions at a news conference about the conduct of the Central Bank,
although many details are still unclear.

“Gonchar charged that the Central Bank had set up an intricate scheme
to exploit billions of dollars in Russia’s national reserves by
investing them secretly in high-yield Russian government bonds known as
GKOs and concealing the profits from the parliament and government.”

This reminded me of a novel (fiction) I had read 10 years ago.
However, that was fiction. … This is fact. It had previously been
revealed the Central Bank had set up an offshore firm, Financial
Management Co., known as Fimaco, based in Jersey, the Channel Islands,
to handle Russia’s foreign currency reserves. Wait a minute …
“reserves?” … We have been led to believe Russia was down on its
frozen bottom begging for charity sustenance. Well, according to one
estimate, between 1993 to 1998, the offshore fund managed $37 billion.
Yes, $37-Billion (with a B). The firm was a subsidiary of Eurobank of
Paris, which (by the way) is currently 78 percent owned by the Central

This epiphany has sparked considerable controversy since it is highly
unusual/strange/weird for a Central Bank to turn over management of a
country’s reserves to someone else (if it had). Additionally, questions
are now being asked about whether the offshore accounts were used to
primarily as a tool to mislead the International Monetary Fund and other
international financial organizations about the size of Russia’s
reserves. Gee, they have lied about food, fuel, weapons, fur for winter
clothing, and the entire table or organization of the military … would
Russia lie about establishing an offshore banking presence to
hypothecate reserve funds? Damn straight they would … and apparently
are. “The case is the subject of a criminal investigation,” the Post
writes, ” but Russia’s chief prosecutor resigned after disclosing the
existence of the offshore fund” And guess what? His replacement has not
yet been named, and therefore, no criminal investigation has even

I remember Lunev telling me that the KGB is not dead. … It is very
much alive and well. According to Lunev, the alleged Russian Mafia, is
in fact controlled by the former KGB. The nomenclature has changed, but
the goals, objectives, tactics and mission remains the same today as it
was during the Cold War.

I asked Nyquist if we (the United States) had imposed any
requirements/restrictions on Russian aid. In other words, do we require
anything from the Russians (any quid pro quo) other than receipt of our
largess? The answer was a startling “No.” At one point Russia had tried
to sell our charity for a profit. We did scream about that, and it was
supposed to stop. The financial scandal also could (and should) affect
decisions anticipated this spring regarding whether to continue aid to
Russia. Moreover, the State Duma, parliament’s lower house, is engaged
in a debate about whether to impose stronger controls on the Central
Bank. Is the debate form over substance … perception over reality?

According to Gonchar the Central Bank had, in effect, found a hidden
method to take advantage of soaring yields on Russian government bonds.
He reported the Central Bank realized huge profits on these security
trades. Russian law requires the Central Bank to donate 50 percent of
any profits it receives to the Russian federal budget.

The Washington Post reported: “Gonchar claimed that Eurobank and its
subsidiary, Fimaco, had created a third company to carry out the scheme
— a Russian bank called Eurofinance. He said the major shareholders in
Eurofinance were Eurobank and Fimaco. He further claimed that
Eurofinance then served as the back door by which investments were made
in the GKOs.”

In one series of transactions, that makes Hillary Clinton’s commodity
trades look like chump change, he said, Fimaco earned $38 million in net
profits. “I want to stress that under the existing laws, they were
supposed to transfer half of this sum to the budget,” he said. Then
again, I guess that is contingent on the specific definition of
“existing law,” or what is meant by “transfer,” and/or what specific
“budget” is referenced. “This information was thoroughly concealed.
Where has the profit gone to? The issue is a concrete one: We can and
must find this money.”

So, connect the dots: Stockpiling grain; continued foreign aid;
slaughtering herds; increasing fuel production, stockpiling fuel;
increasing fuel production; increased weapons development; growing their
navy; fear of Y2K impact; China/Russia alliance; refusal of any and all
inspections; denials and lies; money laundering and building vast
underground cities.

Is this much ado about nothing, or the preamble to something real

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