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SSI 5982 Northern Beaches Hospital – Tony Backhouse final

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The Global Finacial Crisis was created through "Colateralising" debt then "investing" it as<br />

"Capital" <strong>–</strong> Fannie May and Freddie Mac defaulted because of derivatives called CDO's<br />

(Colateralised Debt Obligations) that failed to pay as promised due to default, in a scheme similar<br />

to Nick Greiner's "HomeFund" Low Start Housing Loans Scheme.<br />

When the Former Government sold out half of Royal North Shore <strong>Hospital</strong> to create a Public<br />

Private Partnership with the Royal Bank of Scotland the agreement our joint venture partner had a<br />

good pedigree and was underwritten by the British Government and was one of the Worlds most<br />

successful banks. However in April and May of 2009 it accepted two deposits, authorised by Alan<br />

Greenspan - totaling $15 Trillion From HSBC to be converted to "mid term notes" for investment<br />

with many other banks on the European short term money market. As Viscount James of<br />

Blackheath explained to the House of Lords on Feb 16 2012 the amount of gold reportedly<br />

transferred was many times the total amount of gold ever traded in world history so it is safe to<br />

assume that the capital was bogus (Colatoralized Debt <strong>–</strong> Negative Money) and interest was being<br />

paid on a fake investment, effectively Royal Bank Of Scotland had become a Zombie Bank -<br />

something that nearly sent the UK broke. http://www.youtube.com/watchv=eL5hqvTWkYg<br />

http://www.veteranstoday.com/2012/02/21/intel-exclusive-trillion-dollar-terror-exposed/<br />

Under the Proposed Public Private Partnership what is to stop the <strong>Northern</strong> <strong>Beaches</strong> <strong>Hospital</strong><br />

becoming a "Zombie" making the Government captive to Globalist Voodoo Economics This<br />

Government could be feeding News South Wales taxpayers to the vultures.<br />

Mike Baird was the “Sub Prime” candidate for Manly Liberal Pre-selection, so much so that then<br />

Opposition Leader Peter Debnam personally cold called most Manly Liberal Party branch members<br />

to tell them to vote for him, this almost backfired with the High Profile son of Liberal Party<br />

Foundation Member turned recalcitrant right wing firebrand Independent Member for Manly<br />

(Evelyn Douglass Darby), Former 1972 Werriwa Liberal Candidate and “Save Manly <strong>Hospital</strong><br />

Committee” advocate, Michael Darby was considered a shoe in to run up against sitting<br />

Independent David Barr.<br />

This rejection led to Michael Darby's defection to become NSW Director of the Christian<br />

Democrats.<br />

From Mike Baird's Biography:<br />

“Mike was elected Member for Manly in 2007 after an 18-year banking career incorporating<br />

corporate banking, securitisation, debt capital markets and project finance in Australia, London and<br />

Hong Kong.<br />

Career highlights include managing corporate finance transactions across a range of industries for<br />

Deutsche Bank and Head of Originations, debt capital markets in London for the NAB.<br />

Prior to his election to Parliament, Mike was Head of Institutional Banking for HSBC in Australia<br />

and New Zealand.”<br />

- See more at: http://mikebaird.com.au/about-mike/<br />

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