- Last minute negotiations were underway late Monday night
between the White House and Ambassador Leo Wanta to release $4.5 trillion
in repatriated funds into the American economy, according to Michael C.
Cottrell, Wanta's financial consultant and AmeriTrust Groupe Inc., treasurer.
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- Wanta earlier had given U.S. authorities until the close
of business on July 31 to honor a written agreement and release the massive
sum of money to his AmeritTrust Groupe on behalf of the American people.
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- The trillion dollar deal, which would immediately revitalize
and given the American economy a needed boost, however, amounts to only
a portion of the $27.5 trillion in offshore funds Wanta accumulated after
the Cold War when he was assigned by President Ronald Reagan to devalue
and destabilize the Russian currency.
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- "Apparently, the White House is using California
time as a deadline to release the money and it should be a long night,"
said Cottrell, who said the main parties of AmeriTrust, including Ambassador
Wanta, were waiting to hear directly from the White House, as President
Bush appears to be the only one standing between "a done deal"
or backing out of the written agreement fashioned by two federal court
judges.
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- Cottrell added he has always remained positive the money
would be released before Wanta's deadline expired, saying in case it isn't
AmeriTrust is prepared to file a federal law suit against governmental
interests illegally blocking the deal and blocking them from paying $1.6
trillion in U.S. and state tax money, as well as using the balance of the
"qausi public" money to immediately improve basic needs and infrastructure
improvements.
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- For rest of story, more Wanta stories and informative
articles, go to www.arcticbeacon.com
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