Key Responds To Cook Islands Allegation By Panama Papers Leaker
May 10 2016 | From: NationalBusinessReview
Prime Minister John Key took the unusual step of arranging a 1pm Saturday press conference to respond to allegations from the anonymous source behind the Panama Papers.
This morning, the source – named only as John Doe – released an 1800 word statement on the website of the International Consortium of Investigative Journalists (ICIJ), the group that has released various documents leaked from Panama-based law firm and foreign trust specialist Mossack Fonseca.
Mr Key was the only world leader named in the statement.
"I have as much responsibility for tax in the Cook Islands as I do for Russia," said Mr Key this afternoon.
"Prime Minister John Key of New Zealand has been curiously quiet about his country’s role in enabling the financial fraud Mecca that is the Cook Islands," John Doe wrote (in his statement's only reference to Mr Key or New Zealand).
But at his 1pm press conference, the PM said, "The whistleblower has got confused about my responsibilities. I have no responsibilities fro the tax jurisdiction of the Cook Islands. New Zealand has responsibilities for foreign policy and defence of the Cook Islands, but not for tax. I have as much responsibility for tax in the Cook Islands as I do for tax in Russia."
Video of Key's full stand-up:
Closed Down After 1988
Asked about why the Panama Papers leaker would tie the Cook Islands to Mr Key, he said he asked tax officials about it this morning and they replied with the theory that "He or she is likely to be European, and Europeans get terribly confused about the Cook Islands because they use New Zealand dollars."
It's also possible, however, that the "confused" European was making a reference to the winebox controversy.
Comment: As has been previously observed, this whole 'Panama Papers' debacle is clearly being implemented to expose and wipe out some of the lower minions within the cabal. Very interesting indeed; that Mr Key should have the distinction of being the only western political figure to have been publicly named.
Key did make an oblique reference to thr Cook Islands scandal, saying: "Prior to 1988, there were issues with New Zealanders avoiding their tax by having a structure in the Cook Islands," he told reporters at his 1pm stand-up. In 1988 that all closed down and subsequently there have been no issues.
Since 1988, New Zealanders have been taxed on their worldwide income, the prime minister noted. He also added that the Cook Islands tax controversy was before his time.
No Responsibility, but Some Care [!?]
Commentator Bernard Hickey was quick to take issue with the prime minister on social media, saying;
“Has New Zealand pressured the Cook Islands to change its trust secrecy/info sharing laws? If not, why not? The Cook Islands uses the New Zealand dollar and Cook Island citizens are New Zealand citizens."
Mr Hickey added, If New Zealand is serious about not being tarred with the tax haven brush, why not stop the Cook Islands from being a tax haven?"
"New Zealand does actually try to support the Cook Islands in improving its tax and the way it operates its system," Mr Key said this afternoon, though qualifying, "It has its own double tax agreement, its own tax – sharing agreement and, over the years since 1988, New Zealand's been working with the Cook Islands to make sure they've got a better structure, and that they're operating in a way with much greater transparency."
The New Zealand government doesn't get directly involved but officials try to provide support and encourage the Cook Islands to have best practice, Mr Key said.
Earlier today, the Prime Minister's office released a statement saying an independent review of foreign trust disclosure rules is now under way by former PwC chairman John Shewan. Mr Shewan is due to report on June 30. Additionally, Inland Revenue is participating in an OECD review of international tax arrangements.
Overnight, there was more Panama Papers grief for the prime minister, with the Australian Financial Review name-checking his personal lawyer, Ken Whitney, in an extended report on how a controversial Mexican construction tycoon put $100 million into three tax-free New Zealand trusts.
More to Come
Today, Mr Key called New Zealand a "footnote" in the Panama Papers. That may be true so far but more could be revealed when a fully searchable version of the leaked Mossack Fonseca papers is released on May 9.
Peter Bale, the New Zealander behind the ICIJ, has already said he thinks there is more to come on New Zealand in the Panama papers.
And this morning on the Nation (where he was interviewed on the same programme as Mr Bale), Winston Peters said he agreed – and hinted he was ready to reopen his winebox.
“Well, I said some time ago that these papers would be very, very serious revelations because 11 and a half million documents and New Zealand mentioned 60 times and us being positioned here in the South Pacific giving aid to countries who were at the same time running tax haven utilities or using all sorts of fancy phrases for cheating and fraud and money laundering, I think that the mention of Mr Key relates to where they’re going to go in one part of the world on this matter," Mr Peters said.
For his part, John Doe said he (or she) was willing to cooperate with authorities "to the extent that I am able", expressing a willingness to help authorities but also noting actions taken against recent whistleblower including Edward Snowden, currently exiled in Russia.
Related: Is John Key “Inside Trading” with New Zealand’s Debt?
Panama Papers: The Gift That Keeps On Giving & The Controversial Mexican Construction Tycoon Put $100m Into New Zealand Trusts, Report Says May 8 2016 | From: NationalBusinessReview / Various
Controversial Mexican construction magnate Juan Armando Hinojosa Cantu put around $US100 million into three tax-free trusts in New Zealand, according to a report by Neil Chenoweth - the only Australasian journalist who has been granted access to documents leaked from law firm Mossack Fonseca and known as the Panama Papers.
He also highlights a letter from Ken Whitney (Prime Minister John Key's personal lawyer at the time) in which Mr Whitney offered a professional endorsement for Auckland law firm Cone Marshall, which was seeking professional accreditation with Mossak Fonseca.
Mr Chenoweth doesn't make any accusation that any laws were broken, and NBR politics editor Rob Hosking says allegations of Mr Whitney's influence on foreign trust policy don't stack up. Nevertheless, Mr Chenoweth's article has become a fixture in the Australian Financial Review's top five most-read list - provides another spotlight on the foreign trust issue that the government will find unwelcome.
UnitedFuture leader Peter Dunne says ongoing Panama Papers revelations - and more are expected involving NZ once the ICIJ's database becomes searchable on May 9 - are potentially very negative.
“If the label ‘tax haven’ is being bandied about now as it is, sticks, then that’s extremely damaging. You think of the way we perceive other countries that we’ve historically labelled as tax havens. We don’t view them credibly, and I think that’s the big risk to New Zealand," he says, closely echoing concerns raised by IRD in 2013.
According to a New York Times report, Mr Hinojosa has been close to Mexican President Enrique Pena Neito since Mr Pena Neito was a young political aide.
Mr Hinojosa struck controversy in early 2015 after he built a $US7 million house for Mr Pena Neito's wife, but only $US3 million was paid upfront (the balance was covered by a promissory note).
Juan Armando Hinojosa Cantu
Around the same time, media highlighted that Mr Hinojosa had been awarded several large government contracts that did not go to tender. Several ran way over budget, to the benefit of his companies.
Mr Hinojosa was not charged with any wrongdoing, but companies associated with him did subsequently see several of their government contracts cancelled, including a $US3.7 billion rail contract.
The government has drafted former PwC chairman John Shewan to review rules around foreign trust disclose. He is due to report on June 30.
Switzerland Follows Iceland In Declaring War Against The Banksters May 3 2016 | From: AustralianNationalReview "If you want to continue to be slaves of the banks and pay the cost of your own slavery, then let the bankers continute to create money and control credit." - Josiah Stamp
Iceland has gained the admiration of populists in recent years by doing that which no other nation in the world seems to be willing or capable of doing: prosecuting criminal bankers for engineering financial collapse for profit.
Inspired by Iceland’s progress, activists in Switzerland are now making an important stand against the banking cartels and have successfully petitioned to bring an initiative to public referendum that would attack the private banks where it matters most: their power to lend money they don’t actually have, and to create money out of thin air.
“Switzerland will hold a referendum to decide whether to ban commercial banks from creating money.
The Swiss federal government confirmed on Thursday that it would hold a plebiscite, after more than 110,000 people signed a petition calling for the central bank to be given sole power to create money in the financial system.
The campaign – led by the Swiss Sovereign Money movement and known as the Vollgeld initiative – is designed to limit financial speculation by requiring private banks to hold 100pc reserves against their deposits.” [The Telegraph]
Switzerland is in a key position to play a revolutionary role in changing how global banking functions. In addition to being the world’s safest harbor for storing wealth, it is also home to the Bank for International Settlements (BIS), a shadowy private company owned by many of the world’s central banks, and acting as a lender to the central banks.
The BIS is the very heart of global reserve banking, the policy that enables banks to lend money that does not actually exist in their bank deposits, but is instead literally created electronically from nothing whenever a bank extends a line of credit.
Reserve banking is the policy that guarantees insurmountable debt as the outcome of all financial transactions.
The Sovereign Money initiative in Switzerland aims to curb financial speculation, which is the intended and inevitable result of reserve banking, the tool that makes financial adventurism possible by supplying the banks with endless quantities of fiat money.
Limiting a bank’s ability to produce money from nothing would be a direct blow to the roots of the banking cartel, and would cripple their ability to manipulate the world economy. Here’s how it works, in rather simplified terms:
“…if we had access to the same computer terminals the banks have, we could magic in or out of existence all the imaginary stuff we are trained to think of as important – money – in whatever quantities we liked.
This is how it works: when they print quite a lot of this stuff there is a boom. When they print too much of it, there is inflation (actually, the printing of money is inflation). When they stop printing it or simply hold on to it, there is a depression.” [Source]
In Switzerland, 90% of all money in circulation is electronic, and for this, The National Bank of Switzerland has become the direct target of the Sovereign Money Campaign. Swiss law has in the past required required banks to back all currency creation with collateral assets like physical silver or gold, however in recent decades the climate has changed, and, “due to the emergence of electronic payment transactions, banks have regained the opportunity to create their own money.”
The grass roots campaign said in a public statement regarding the intentions of the referendum, “banks won’t be able to create money for themselves any more, they’ll only be able to lend money that they have from savers or other banks.”
This is an interesting twist in the human saga of man vs. banks, and while it remains to be seen if the referendum passes or not, it must be pointed out that it does have its own problems, articulated by Sam Gerrans:
“…if we had access to the same computer terminals the banks have, we could magic in or out of existence all the imaginary stuff we are trained to think of as important – money – in whatever quantities we liked.
This is how it works: when they print quite a lot of this stuff there is a boom. When they print too much of it, there is inflation (actually, the printing of money is inflation). When they stop printing it or simply hold on to it, there is a depression.” [Source]
Part of the cultural conditioning of our time is an ingrained, pre-assumed dependency on sacred cow institutions like banking. Just like it is impossible for most Americans to envision a world without Democrats and Republicans, it is difficult for most people to imagine a world without predatory global banking.
From The Archives For ANZAC Day: All Wars Are Bankers' Wars April 14 2015 | From: MichaelRivero / Various Sources
A very eloquent and relatively concise video discourse on how and why the title of this piece is so tragically true, followed by a very detailed article for those who wish to read more.
This really is a must see / must read piece to be aware of the real history of banking and warmongering over the last 100 years - along with the how and why such nefarious plans were implemented; and to what ends.
This exposes the same plan that is being rolled out globally, not just in the United States.
"The common enemy of all human kind are private central banks issuing the public currency as a loan at interest, and as history will show, they will do anything up to, and including global war - to keep their lock on yours and your children's economic wellbeing and productivity.
We are not a free society. Media will tell us that we are free, but we are not free.
We are slaves, our slave chains are made of paper - and that paper is the Federal Reserve note [including the central bankster issued debt-based-notes of every other country]."
Too few of our leaders have tried to stand up to this system of enslavement, usually with lethal results. But if all of the people of the world stood up at the same time and said "No more private central banks", it will come crashing down, just as slavery did, just as rule by divine right did and we will be embarking on a new era in human history where the emphasis on human development is on the people and not on the money junkies.
[Note: This does not mean we should not remember the dead, who were duped into giving their lives for lies.]
"Banking was conceived in iniquity and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the power to create deposits, and with the flick of a pen they will create enough deposits to buy it back again.
However, take it away from them, and all the fortunes like mine will disappear, and they ought to disappear, for this world would be a happier and better world to live in. But if you wish to remain slaves of the Bankers and pay for the cost of your own slavery, let them continue to create deposits."
- Sir Josiah Stamp, President of the Bank of England in the 1920s, the second richest man in Britain
I know many people have a great deal of difficulty comprehending just how many wars are started for no other purpose than to force private central banks onto nations, so let me share a few examples, so that you understand why the US Government is mired in so many wars against so many foreign nations. There is ample precedent for this.
The United States fought the American Revolution primarily over King George III's Currency act, which forced the colonists to conduct their business only using printed bank notes borrowed from the Bank of England at interest.
Interest Bearing bank note from the Bank of England, 1764
"The bank hath benefit of interest on all moneys which it creates out of nothing."
- William Paterson, founder of the Bank of England in 1694
King George III
After the revolution, the new United States adopted a radically different economic system in which the government issued its own value-based money, so that private banks like the Bank of England were not siphoning off the wealth of the people through interest-bearing bank notes.
"The refusal of King George 3rd to allow the colonies to operate an honest money system, which freed the ordinary man from the clutches of the money manipulators, was probably the prime cause of the revolution."
- Benjamin Franklin, Founding Father
Following the revolution, the US Government actually took steps to keep the bankers out of the new government!
"Any person holding any office or any stock in any institution in the nature of a bank for issuing or discounting bills or notes payable to bearer or order, cannot be a member of the House whilst he holds such office or stock."
- Third Congress of the United States Senate, 23rd of December, 1793, signed by the President, George Washington
But bankers are nothing if not dedicated to their schemes to acquire your wealth, and know full well how easy it is to corrupt a nation's leaders.
Founded in 1791, by the end of its twenty year charter the First Bank of the United States had almost ruined the nation's economy, while enriching the bankers.
Congress refused to renew the charter and signaled their intention to go back to a state issued value based currency on which the people paid no interest at all to any banker.
Congress still refused to renew the charter for the First Bank of the United States, whereupon Nathan Mayer Rothschild railed,"Teach those impudent Americans a lesson! Bring them back to colonial status!"
The British Prime Minister at the time, Spencer Perceval was adamently opposed to war with the United States, primarily because the majority of England's military might was occupied with the ongoing Napoleonic wars.
Spencer Perceval was concerned that Britain might not prevail in a new American war, a concern shared by many in the British government.
The First Bank of the United States
Then, Spencer Perceval was assassinated (the only British Prime Minister to be assassinated in office) and replaced by Robert Banks Jenkinson, the 2nd Earl of Liverpool, who was fully supportive of a war to recapture the colonies.
Click for larger imageof the Geneva Gazette for July 1, 1812, reporting on the assassination of Spencer Perceval together with the declaration of the War of 1812
"If my sons did not want wars, there would be none."
- Gutle Schnaper, wife of Mayer Amschel Rothschild and mother of his five sons
Financed at virtually no interest by the Rothschild controlled Bank of England, Britain then provoked the war of 1812 to recolonize the United States and force them back into the slavery of the Bank of England, or to plunge the United States into so much debt they would be forced to accept a new private central bank.
Once again, private bankers were in control of the nation's money supply and cared not who made the laws or how many British and American soldiers had to die for it.
The Second Bank of the United States
Bank Note from the Second Bank of the United States
Once again the nation was plunged into debt, unemployment, and poverty by the predations of the private central bank, and in 1832 Andrew Jackson successfully campaigned for his second term as President under the slogan, "Jackson And No Bank!" True to his word, Jackson succeeds in blocking the renewal of the charter for the Second Bank of the United States.
"Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country.
When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin!
Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out!"
- Andrew Jackson, shortly before ending the charter of the Second Bank of the United States.
From the original minutes of the Philadelphia committee of citizens sent to meet with President Jackson (February 1834), according to Andrew Jackson and the Bank of the United States (1928) by Stan V. Henkels
News report of Jackson shutting down the Second Bank of the United States, Geneva Gazette, October 2, 1833
President Zachary Taylor, ca 1850
President James Buchanon
President Abraham Lincoln
Shortly after President Jackson (the only American President to actually pay off the National Debt) ended the Second Bank of the United States, there was an attempted assassination which failed when both pistols used by the assassin, Richard Lawrence, failed to fire.
President Zachary Taylor opposed the creation of a new Private Central Bank, owing to the historical abuses of the First and Second Banks of the United States.
"The idea of a national bank is dead, and will not be revived in my time."
- Zachary Taylor
Taylor died on July 9, 1850 after eating a bowl of cherries and milk rumored to have been poisoned. The symptoms he displayed are consistent with acute arsenic poisoning.
President James Buchanan also opposed a private central bank. During the panic of 1857 he attempted to set limits on banks issuing more loans than they had actual funds, and to require all issued bank notes to be backed by Federal Government assets.
He was poisoned with arsenic and survived, although 38 other people at the dinner died.
The public school system is as subservient to the bankers' wishes to keep certain history from you, just as the corporate media is subservient to Monsanto's wishes to keep the dangers of GMOs from you, and the global warming cult's wishes to conceal from you that the Earth has actually been cooling for the last 16 years.
Thus is should come as little surprise that much of the real reasons for the events of the Civil War are not well known to the average American.
"The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests."
- The Rothschild brothers of London writing to associates in New York, 1863
When the Confederacy seceded from the United States, the bankers once again saw the opportunity for a rich harvest of debt, and offered to fund Lincoln's efforts to bring the south back into the union, but at 30% interest.
Lincoln remarked that he would not free the black man by enslaving the white man to the bankers and using his authority as President, issued a new government currency, the greenback. This was a direct threat to the wealth and power of the central bankers, who quickly responded.
It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world.
The brains, and wealth of all countries will go to North America. That country must be destroyed or it will destroy every monarchy on the globe."
- The London Times responding to Lincoln's decision to issue government Greenbacks to finance the Civil War, rather than agree to private banker's loans at 30% interest.
In 1872 New York bankers sent a letter to every bank in the United States, urging them to fund newspapers that opposed government-issued money (Lincoln's greenbacks).
"Dear Sir: It is advisable to do all in your power to sustain such prominent daily and weekly newspapers... as will oppose the issuing of greenback paper money, and that you also withhold patronage or favors from all applicants who are not willing to oppose the Government issue of money. Let the Government issue the coin and the banks issue the paper money of the country...
[T]o restore to circulation the Government issue of money, will be to provide the people with money, and will therefore seriously affect your individual profit as bankers and lenders."
- Triumphant plutocracy; the story of American public life from 1870 to 1920, by Lynn Wheeler
"It will not do to allow the greenback, as it is called, to circulate as money any length of time, as we cannot control that." -- Triumphant plutocracy; the story of American public life from 1870 to 1920, by Lynn Wheeler
"Slavery is likely to be abolished by the war power, and chattel slavery destroyed.
This, I and my European friends are in favor of, for slavery is but the owning of labor and carries with it the care for the laborer, while the European plan, led on by England, is for capital to control labor by controlling the wages. THIS CAN BE DONE BY CONTROLLING THE MONEY."
- Triumphant plutocracy; the story of American public life from 1870 to 1920, by Lynn Wheeler
Goaded by the private bankers, much of Europe supported the Confederacy against the Union, with the expectation that victory over Lincoln would mean the end of the Greenback. France and Britain considered an outright attack on the United States to aid the confederacy, but were held at bay by Russia, which had just ended the serfdom system and had a state central bank similar to the system the United States had been founded on.
Tsar Alexander II of Russia, who prevented France and Britain from invading the US during the civil war.
Following Lincoln's assassination, the Greenbacks were pulled from circulation and the American people forced to go back to an economy based on bank notes borrowed at interest from the private bankers.
Tsar Alexander II, who authorized Russian military assistance to Lincoln, was subsequently the victim of multiple attempts on his life in 1866, 1879, and 1880, until his assassination in 1881.
With the end of Lincoln's Greenbacks, the US could no longer create its own interest free money and was manipulated during the term of President Ruthford B. Hayes into borrowing from the Rothschilds banking system in 1878, restoring to the Rothschilds control of the US economy they had lost under Andrew Jackson.
Messrs. Rothschild & Sons to Mr. Sherman.
[Cable message.]
April 12,1878.
Hon. John Sherman,
Secretary of the Treasury, Washington D. C.:
Very pleased we have entered into relations again with American Government. Shall do our best to make the business successful.
ROTHSCHILDS.
James A. Garfield was elected President in 1880 on a platform of government control of the money supply.
"The chief duty of the National Government in connection with the currency of the country is to coin money and declare its value.
Grave doubts have been entertained whether Congress is authorized by the Constitution to make any form of paper money legal tender.
The present issue of United States notes has been sustained by the necessities of war; but such paper should depend for its value and currency upon its convenience in use and its prompt redemption in coin at the will of the holder, and not upon its compulsory circulation.
These notes are not money, but promises to pay money. If the holders demand it, the promise should be kept."
- James Garfield
"By the experience of commercial nations in all ages it has been found that gold and silver afford the only safe foundation for a monetary system.
Confusion has recently been created by variations in the relative value of the two metals, but I confidently believe that arrangements can be made between the leading commercial nations which will secure the general use of both metals.
Congress should provide that the compulsory coinage of silver now required by law may not disturb our monetary system by driving either metal out of circulation.
If possible, such an adjustment should be made that the purchasing power of every coined dollar will be exactly equal to its debt-paying power in all the markets of the world."
- James Garfield
"He who controls the money supply of a nation controls the nation."
- James Garfield
Garfield was shot on July 2, 1881 and died of his wounds several weeks later. Chester A. Arthur succeeded Garfield as President.
In 1896, William McKinley was elected President in the middle of a depression-driven debate over gold-backed government currency versus bank notes borrowed at interest from private banks.
McKinley favored gold-backed currencies and a balanced government budget which would free the public from accumulating debt.
"Our financial system needs some revision; our money is all good now, but its value must not further be threatened.
It should all be put upon an enduring basis, not subject to easy attack, nor its stability to doubt or dispute. Our currency should continue under the supervision of the Government.
The several forms of our paper money offer, in my judgment, a constant embarrassment to the Government and a safe balance in the Treasury." - William McKinley
McKinley was shot by an out-of-work anarchist on September 14, 1901, in Buffalo, NY, succumbing to his wounds a few days later. He was suceeded in office by Theodore Roosevelt.
Finally, in 1913, the Private Central Bankers of Europe, in particular the Rothschilds of Great Britain and the Warburgs of Germany, met with their American financial collaborators on Jekyll Island, Georgia to form a new banking cartelwith the express purpose of forming the Third Bank of the United States, with the aim of placing complete control of the United States money supply once again under the control of private bankers.
Owing to hostility over the previous banks, the name was changed to "The Federal Reserve" system in order to grant the new bank a quasi-governmental image, but in fact it is a privately owned bank, no more "Federal" than Federal Express.
The Federal Reserve; it is neither "Federal" nor does it have any actual "Reserves", creating as it does money out of thin air.
In 2012, the Federal Reserve attempted to rebuff a Freedom of Information Lawsuit by Bloomberg News on the grounds that as a private banking corporation and not actually a part of the government, the Freedom of Information Act did not apply to the "trade secret" operations of the Federal Reserve.
"When you or I write a check, there must be sufficient funds in our account to cover the check; but when the Federal Reserve writes a check, there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money." -- From the Boston Federal Reserve Bank pamphlet, "Putting it Simply."
"Neither paper currency nor deposits have value as commodities. Intrinsically, a 'dollar' bill is just a piece of paper. Deposits are merely book entries."
- "Modern Money Mechanics Workbook" - Federal Reserve of Chicago, 1975
"I am afraid the ordinary citizen will not like to be told that the banks can and do create money. And they who control the credit of the nation direct the policy of Governments and hold in the hollow of their hand the destiny of the people."
- Reginald McKenna, as Chairman of the Midland Bank, addressing stockholders in 1924
"States, most especially the large hegemonic ones, such as the United States and Great Britain, are controlled by the international central banking system, working through secret agreements at the Bank for International Settlements (BIS), and operating through national central banks (such as the Bank of England and the Federal Reserve)...
The same international banking cartel that controls the United States today previously controlled Great Britain and held it up as the international hegemon.
When the British order faded, and was replaced by the United States, the US ran the global economy. However, the same interests are served.
States will be used and discarded at will by the international banking cartel; they are simply tools."
- Andrew Gavin Marshall
1913 proved to be a transformative year for the nation's economy, first with the passage of the 16th "income tax" Amendment and the false claim that it had been ratified.
"I think if you were to go back and and try to find and review the ratification of the 16th amendment, which was the internal revenue, the income tax, I think if you went back and examined that carefully, you would find that a sufficient number of states never ratified that amendment."
- U.S. District Court Judge James C. Fox, Sullivan Vs. United States, 2003.
Later that same year, and apparently unwilling to risk another questionable amendment, Congress passed the Federal Reserve Act over Christmas holiday 1913, while members of Congress opposed to the measure were at home.
This was a very underhanded deal, as the Constitution explicitly vests Congress with the authority to issue the public currency, does not authorize its delegation, and thus should have required a new Amendment to transfer that authority to a private bank.
But pass it Congress did, and President Woodrow Wilson signed it as he promised the bankers he would in exchange for generous campaign contributions.
News report of Wilson's signing the Federal Reserve Act. Under the Constitution, only a new Amendment could transfer the government's authority to create the currency to a private party.
President Woodrow Wilson
Woodrow Wilson later regretted that decision.
"I am a most unhappy man. I have unwittingly ruined my country.
A great industrial nation is now controlled by its system of credit.
We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men."
- Woodrow Wilson 1919
Thomas Edison, arguably the most brilliant man of the age, was also well aware of the fraud of private central banks.
"People who will not turn a shovel full of dirt on the project nor contribute a pound of material, will collect more money from the United States than will the People who supply all the material and do all the work.
This is the terrible thing about interest ...
But here is the point: If the Nation can issue a dollar bond it can issue a dollar bill.
The element that makes the bond good makes the bill good also.
The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%.
Whereas the currency, the honest sort provided by the Constitution pays nobody but those who contribute in some useful way.
It is absurd to say our Country can issue bonds and cannot issue currency.
Both are promises to pay, but one fattens the usurer and the other helps the People.
If the currency issued by the People were no good, then the bonds would be no good, either.
It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges at the hands of men who control the fictitious value of gold."
- Thomas A. Edison
The next year, World War One started, and it is important to remember that prior to the creation of the Federal Reserve, there was no such thing as a world war.
In 1913, the Rothschild KM was able to establish a beachhead by bribing crooked, treasonous members of Congress to pass the illegal, Unconstitutional Federal Reserve Act on Christmas Eve without a required quorum. The Act was then signed by a crooked, bought off President, who was a traitor to America, like the members of Congress who voted for it.
Archduke Franz Ferdinand, whose assassination triggered World War One
Hitler as TIME's man of the year
World War One started between Austria-Hungary and Serbia with the assassination of Archduke Ferdinand.
Although the war started between Austria-Hungary and Serbia, it quickly shifted to focus on Germany, whose industrial capacity was seen as an economic threat to Great Britain, who saw the decline of the British Pound as a result of too much emphasis on financial activity to the neglect of agriculture, industrial development, and infrastructure (not unlike the present day United States).
Although pre-war Germany had a private central bank, it was heavily restricted and inflation kept to reasonable levels.
Under government control, investment was guaranteed to internal economic development, and Germany was seen as a major power.
So, in the media of the day, Germany was portrayed as the prime opponent of World War One, and not just defeated, but its industrial base flattened.
Following the Treaty of Versailles, Germany was ordered to pay the war costs of all the participating nations, even though Germany had not actually started the war.
This amounted to three times the value of all of Germany itself.
Germany's private central bank, to whom Germany had gone deeply into debt to pay the costs of the war, broke free of government control, and massive inflation followed (mostly triggered by currency speculators), permanently trapping the German people in endless debt.
When the Weimar Republic collapsed economically, it opened the door for the National Socialists to take power.
Their first financial move was to issue their own state currency which was not borrowed from private central bankers.
Freed from having to pay interest on the money in circulation, Germany blossomed and quickly began to rebuild its industry.
The media called it "The German Miracle".
TIME magazine lionized Hitler for the amazing improvement in life for the German people and the explosion of German industry, and even named him TIME Magazine's Man Of The Year in 1938.
Once again, Germany's industrial output became a threat to Great Britain.
Germany's state-issued value based currency was also a direct threat to the wealth and power of the private central banks, and as early as 1933 they started to organize a global boycott against Germany to strangle this upstart ruler who thought he could break free of private central bankers!
"Should Germany merchandise (do business) again in the next 50 years we have led this war (WW1) in vain."
- Winston Churchill in The Times (1919)
"We will force this war upon Hitler, if he wants it or not."
- Winston Churchill (1936 broadcast)
"Germany becomes too powerful. We have to crush it."
- Winston Churchill (November 1936 speaking to US
- General Robert E. Wood)
"This war is an English war and its goal is the destruction of Germany."
- Winston Churchill (- Autumn 1939 broadcast)
Click on the image above to view a larger version in a new window
As had been the case in World War One, Great Britain and other nations threatened by Germany's economic power looked for an excuse to go to war, and as public anger in Germany grew over the boycott, Hitler foolishly gave them that excuse. Years later, in a spirit of candor, the real reasons for that war were made clear.
"The war wasn't only about abolishing fascism, but to conquer sales markets. We could have, if we had intended so, prevented this war from breaking out without doing one shot, but we didn't want to."
- Winston Churchill to Truman (Fultun, USA March 1946)
"Germany's unforgivable crime before WW2 was its attempt to loosen its economy out of the world trade system and to build up an independent exchange system from which the world-finance couldn't profit anymore. ...We butchered the wrong pig."
-Winston Churchill (The Second World War - Bern, 1960)
As a side note, we need to step back before WW2 and recall Marine Major General Smedley Butler. In 1933, Wall Street bankers and financiers had bankrolled the successful coups by both Hitler and Mussolini. Brown Brothers Harriman in New York was financing Hitler right up to the day war was declared with Germany.
Marine Corps Major General Smedley Butler
And they decided that a fascist dictatorship in the United States based on the one on Italy would be far better for their business interests than Roosevelt's "New Deal" which threatened massive wealth re-distribution to recapitalize the working and middle class of America.
So the Wall Street tycoons recruited General Butler to lead the overthrow of the US Government and install a "Secretary of General Affairs" who would be answerable to Wall Street and not the people, would crush social unrest and shut down all labor unions.
General Butler pretended to go along with the scheme but then exposed the plot to Congress. Congress, then as now in the pocket of the Wall Street bankers, refused to act.
When Roosevelt learned of the planned coup he demanded the arrest of the plotters, but the plotters simply reminded Roosevelt that if any one of them were sent to prison, their friends on Wall Street would deliberately collapse the still-fragile economy and blame him for it.
Roosevelt was thus unable to act until the start of WW2, at which time he prosecuted many of the plotters under the Trading With The Enemy act.
The Congressional minutes into the coup were finally declassified in 1967, but rumors of the attempted coup became the inspiration for the movie, "Seven Days in May" but with the true financial villains erased from the script.
"I spent 33 years and four months in active military service as a member of our country's most agile military force - the Marine Corps.
I served in all commissioned ranks from second lieutenant to Major General. And during that period I spent more of my time being a high - class muscle man for Big Business, for Wall Street and for the bankers.
In short, I was a racketeer, a gangster for capitalism. "I suspected I was just a part of a racket at the time.
Now I am sure of it.
Like all members of the military profession I never had an original thought until I left the service. My mental faculties remained in suspended animation while I obeyed the orders of the higher-ups. This is typical with everyone in the military service.
Thus I helped make Mexico and especially Tampico safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in.
I helped in the raping of half a dozen Central American republics for the benefit of Wall Street. The record of racketeering is long.
I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-12. I brought light to the Dominican Republic for American sugar interests in 1916.
In China in 1927 I helped see to it that the Standard Oil went its way unmolested. During those years, I had, as the boys in the back room would say, a swell racket.
I was rewarded with honors, medals and promotion. Looking back on it, I feel I might have given Al Capone a few hints. The best he could do was to operate his racket in three city districts. I operated on three continents."
- General Smedley Butler, former US Marine Corps Commandant,1935
President John F. Kennedy
As President, John F. Kennedy understood the predatory nature of private central banking. He understood why Andrew fought so hard to end the Second Bank of the United States. So Kennedy wrote and signed Executive Order 11110 which ordered the US Treasury to issue a new public currency, the United States Note.
Presidents Kennedy and Soekarno
Kennedy was working with President Soekarno of Indonesia who was at that time the signatory for the Global Collateral Accounts which were intended to be used for humanitarian purposes but which were subverted at the time of the Bretton-Woods agreement at the end of WWII.
The intention of Kennedy and Soekarno was to end the reign of the globalist privately owned central banking system - which is the main reason that Kennedy was killed, and for his part Soekarno remained under house arrest for the rest of his life.
The efforts to regain control of the Global Collateral Accounts are now being led by Neil Keenan.
The West had been stealing from the Collateral Accounts
for nearly 100 years but this has now been stopped by Neil Keenan and his associates, who have gone to considerable expense and risk in their mission to ensure the Global Collateral Accounts are accessible - for the humanitarian purposes for which they were established.
Kennedy's United States Note - with the lack of reference to the FEDERAL RESERVE
Kennedy's United States Notes were not borrowed from the Federal Reserve but created by the US Government and backed by the silver stockpiles held by the US Government. It represented a return to the system of economics the United States had been founded on, and was perfectly legal for Kennedy to do.
All told, some four and one half billion dollars went into public circulation, eroding interest payments to the Federal Reserve and loosening their control over the nation. Five months later John F. Kennedy was assassinated in Dallas Texas, and the United States Notes pulled from circulation and destroyed (except for samples held by collectors).
John J. McCloy
John J. McCloy, President of the Chase Manhattan Bank, and President of the World Bank, was named to the Warren Commission, presumably to make certain the banking dimensions behind the assassination were concealed from the public.
As we enter the eleventh year of what future history will most certainly describe as World War Three, we need to examine the financial dimensions behind the wars.
Towards the end of World War Two, when it became obvious that the allies were going to win and dictate the post war environment, the major world economic powers met at Bretton Woods, a luxury resort in New Hampshire in July of 1944, and hammered out the Bretton Woods agreement for international finance.
The British Pound lost its position as the global trade and reserve currency to the US dollar (part of the price demanded by Roosevelt in exchange for the US entry into the war). Absent the economic advantages of being the world's "go-to" currency, Britain was forced to nationalize the Bank of England in 1946.
The Bretton Woods agreement, ratified in 1945, in addition to making the dollar the global reserve and trade currency, obligated the signatory nations to tie their currencies to the dollar. The nations that ratified Bretton Woods did so on two conditions. The first was that the Federal Reserve would refrain from over-printing the dollar as a means to loot real products and produce from other nations in exchange for ink and paper; basically an imperial tax.
That assurance was backed up by the second requirement, which was that the US dollar would always be convertible to gold at $35 per ounce.
The Bretton Woods resort, New Hampshire
The Federal Reserve, being a private bank and not answerable to the US Government, did start overprinting paper dollars, and much of the perceived prosperity of the 1950s and 1960s was the result of foreign nations' obligations to accept the paper notes as being worth gold at the rate of $35 an ounce.
Then in 1970, France looked at the huge pile of paper notes sitting in their vaults, for which real French products like wine and cheese had been traded, and notified the United States government that they would exercise their option under Bretton Woods to return the paper notes for gold at the $35 per ounce exchange rate.
The United States had nowhere near the gold to redeem the paper notes, so on August 15th, 1971, Richard Nixon "temporarily" suspended the gold convertibility of the US Federal Reserve Notes.
Nixon announced the end of gold convertability
Later termed the "Nixon shock", this move effectively ended Bretton Woods and many global currencies started to delink from the US dollar.
The "Nixon Shock"
Worse, since the United States had collateralized their loans with the nation's gold reserves, it quickly became apparent that the US Government did not in fact have enough gold to cover the outstanding debts.
Foreign nations began to get very nervous about their loans to the US and understandably were reluctant to loan any additional money to the United States without some form of collateral.
So Richard Nixon started the environmental movement, with the EPA and its various programs such as "wilderness zones", Roadless areas", Heritage rivers", "Wetlands", all of which took vast areas of public lands and made them off limits to the American people who were technically the owners of those lands.
But Nixon had little concern for the environment and the real purpose of this land grab under the guise of the environment was to pledge those pristine lands and their vast mineral resources as collateral on the national debt. This was part of the forerunner to the UN Agernda 21 "Sustainability" farce.
The plethora of different programs was simply to conceal the true scale of how much American land was being pledged to foreign lenders as collateral on the government's debts; eventually almost 25% of the nation itself.
All of this is illegal as the Enclave Clause of the Constitution limits the Federal Government to owning the land under Federal Government buildings and military bases, and that Enclave Clause was written into the Constitution by the Founding Fathers to specifically to prevent the Federal Government simply seizing the land belonging to the people to sell off, pledge as collateral, or rent!
With open lands for collateral already in short supply, the US Government embarked on a new program to shore up sagging international demand for the dollar.
The United States approached the world's oil producing nations, mostly in the Middle East, and offered them a deal. In exchange for only selling their oil for dollars, the United States would guarantee the military safety of those oil-rich nations.
The oil rich nations would agree to spend and invest their US paper dollars inside the United States, in particular in US Treasury Bonds, redeemable through future generations of US taxpayers.
The concept was labeled the "petrodollar". In effect, the US, no longer able to back the dollar with gold, was now backing it with oil.
Other peoples' oil. And that necessity to keep control over those oil nations to prop up the dollar has shaped America's foreign policy in the region ever since.
But as America's manufacturing and agriculture has declined, the oil producing nations faced a dilemma. Those piles of US Federal Reserve notes were not able to purchase much from the United States because the United States had little (other than real estate) anyone wanted to buy.
Europe's cars and aircraft were superior and less costly, while experiments with GMO food crops led to nations refusing to buy US food exports.
Israel's constant belligerence against its neighbors caused them to wonder if the US could actually keep their end of the petrodollar arrangement. Oil producing nations started to talk of selling their oil for whatever currency the purchasers chose to use.
Saddam Hussein
Iraq, already hostile to the United States following Desert Storm, demanded the right to sell their oil for Euros in 2000 and in 2002, the United Nations agreed to allow it under the "Oil for food" program instituted following Desert Storm.
One year later the United States re-invaded Iraq under the lie of Saddam's nuclear weapons, lynched Saddam Hussein, and placed Iraq's oil back on the world market only for US dollars.
The clear US policy shift following 9-11, away from being an impartial broker of peace in the Mideast to one of unquestioned support for Israel's aggressions only further eroded confidence in the Petrodollar deal and even more oil producing nations started openly talking of oil trade for other global currencies.
Gaddafi
Over in Libya, Muammar Gaddafi had instituted a state-owned central bank and a value based trade currency, the Gold Dinar.
Gaddafi announced that Libya's oil was for sale, but only for the Gold Dinar. Other African nations, seeing the rise of the Gold Dinar and the Euro, even as the US dollar continued its inflation-driven decline, flocked to the new Libyan currency for trade.
This move had the potential to seriously undermine the global hegemony of the dollar. French President Nicolas Sarkozy reportedly went so far as to call Libya a “threat” to the financial security of the world.
So, the United States invaded Libya, brutally murdered Qaddafi (the object lesson of Saddam's lynching not being enough of a message, apparently), imposed a private central bank, and returned Libya's oil output to dollars only. The gold that was to have been made into the Gold Dinars is, as of last report, unaccounted for.
General Wesley Clark blew the whistle on US plans to conquer the oil-rich Middle East, to attack and take over 7 countries in 5 years.
According to General Wesley Clark, the master plan for the "dollarification" of the world's oil nations included seven targets, Iraq, Syria, Lebanon, Libya, Somalia, Sudan, and Iran (Venezuela, which dared to sell their oil to China for the Yuan, is a late addition).
What is notable about the original seven nations originally targeted by the US is that none of them are members of the Bank for International Settlements, the private central bankers private central bank, located in Switzerland.
This meant that these nations were deciding for themselves how to run their nations' economies, rather than submit to the international private banks.
Now the bankers' gun sights are on Iran, which dares to have a government central bank and sell their oil for whatever currency they choose.
The war agenda is, as always, to force Iran's oil to be sold only for dollars and to force them to accept a privately owned central bank.
Malaysia, one of the few remaining nations without a Rothschild central bank, is now being invaded by a force claimed to be "Al Qaeda" and has suffered numerous suspicious losses of its commercial passenger jets.
With the death of President Hugo Chavez, plans to impose a US and banker friendly regime on Venezuela are clearly being implemented.
Germany's gold bullion. Where is it?
The German government recently asked for the return of some of their gold bullion from the Bank of France and the New York Federal Reserve. France has said it will take 5 years to return Germany's gold. The United States has said they will need 8 years to return Germany's gold.
This suggests strongly that the Bank of France and the NY Federal Reserve have used the deposited gold for other purposes, most likely to cover gold futures contracts used to artificially suppress the price of gold to keep investors in the equities markets, and the Central Banks are scrambling to find new gold to cover the shortfall and prevent a gold run.
So it is inevitable that suddenly France invades Mali, ostensibly to combat Al Qaeda, with the US joining in. Mali just happens to be one of the world's largest gold producers with gold accounting for 80% of Mali exports. War for the bankers does not get more obvious than that!
Mexico has demanded a physical audit of their gold bullion stored at the Bank of England, and along with Venezuela's vast oil reserves (larger than Saudi Arabia), Venezuela's gold mines are a prize lusted after by all the Central Banks that played fast and loose with other peoples' gold bullion.
So we can expect regime change if not outright invasion soon.
You have been raised by a public school system and media that constantly assures you that the reasons for all these wars and assassinations are many and varied.
The US claims to bring democracy to the conquered lands (they haven't; the usual result of a US overthrow is the imposition of a dictatorship, such as the 1953 CIA overthrow of Iran's democratically elected government of Mohammad Mosaddegh and the imposition of the Shah, or the 1973 CIA overthrow of Chile's democratically elected government of President Salvador Allende, and the imposition of Augusto Pinochet), or to save a people from a cruel oppressor, revenge for 9-11, or that tired worn-out catch all excuse for invasion, weapons of mass destruction. Assassinations are always passed off as "crazed lone nuts" to obscure the real agenda.
The real agenda is simple. It is enslavement of the people by creation of a false sense of obligation.
That obligation is false because the Private Central Banking system, by design, always creates more debt than money with which to pay that debt.
Private Central Banking is not science, it is a religion; a set of arbitrary rules created to benefit the priesthood, meaning the owners of the Private Central Bank.
The fraud persists, with often lethal results, because the people are tricked into believing that this is the way life is suppoed to be and no alternative exists or should be dreamt of.
The same was true of two earlier systems of enslavement, Rule by Divine Right and Slavery, both systems built to trick people into obedience, and both now recognized by modern civilizatyion as illegitimate.
Now we are entering a time in human history where we will recognize that rule by debt, or rule by Private Central Bankers issuing the public currency as a loan at interest, is equally illegitimate.
It only works as long as people allow themselves to believe that this is the way life is supposed to be.
But understand this above all; Private Central Banks do not exist to serve the people, the community, or the nation. Private Central Banks exist to serve their owners, to make them rich beyond the dreams of Midas and all for the cost of ink, paper, and the right bribe to the right official.
Behind all these wars, all these assassinations, the hundred million horrible deaths from all the wars lies a single policy of dictatorship. The private central bankers allow rulers to rule only on the condition that the people of a nation be enslaved to the private central banks.
Failing that, said ruler will be killed, and their nation invaded by those other nations enslaved to private central banks.
The so-called "clash of civilizations" we read about on the corporate media is really a war between banking systems, with the private central bankers forcing themselves onto the rest of the world, no matter how many millions must die for it.
Indeed the constant hatemongering against Muslims lies in a simple fact. Like the ancient Christians (prior to the Knights Templars private banking system) , Muslims forbid usury, or the lending of money at interest. And that is the reason our government and media insist they must be killed or converted. They refuse to submit to currencies issued at interest. They refuse to be debt slaves.
So off to war your children must go, to spill their blood for the money-junkies' gold. We barely survived the last two world wars. In the nuclear/bioweapon age, are the private central bankers willing to risk incinerating the whole planet just to feed their greed?
Apparently so. This brings us to the current situation in the Ukraine, Russia, and China.
The European Union had been courting the government of the Ukraine to merge with the EU, and more to the point, entangle their economy with the private-owned European Central Bank.
The government of the Ukraine was considering the move, but had made no commitments. Part of their concern lay with the conditions in other EU nations enslaved to the ECB, notably Cyprus, Greece, Spain, and Italy. So they were properly cautious.
Then Russia stepped in with a better deal and the Ukraine, exercising the basic choice all consumers have to choose the best product at the best price, dropped the EU and announced they were going to go with Russia's offer.
It was at that point that agents provocateurs flooded into the Ukraine, covertly funded by intelligence agency fronts like CANVAS and USAID, stirring up trouble, while the western media proclaimed this was a popular revolution. Snipers shot at people and this violence was blamed on then-President Yanukovich.
However a leaked recording of a phone call between the EU's Catherine Ashton and Estonia's Foreign Minister Urmas Paet confirmed the snipers were working for the overthrow plotters, not the Ukrainian government. Urmas Paet has confirmed the authenticity of that phone call.
This is a classic pattern of covert overthrow we have seen many times before.
Since the end of WW2, the US has covertly tried to overthrow the governments of 56 nations, succeeding 25 times.
Examples include the 1953 overthrow of Iran's elected government of Mohammed Mossadegh and the imposition of the Shah, the 1973 overthrow of Chile's elected government of Salvador Allende and the imposition of the Pinochet dictatorship, and of course, the current overthrow of Ukraine's elected government of Yanukovich and the imposition of the current unelected government, which is already gutting the Ukraine's wealth to hand to the western bankers.
Brazil, Russia, India, China, and South Africa have formed a parallel financial system called BRICS, officially launched on January 1, 2015. As of this writing some 80 nations are ready to trade with BRICS in transactions that do not involve the US dollar.
Despite US economic warfare against both Russia and China, the Ruble and Yuan are seen as more attractive for international trade and banking than the US dollar, hence the US attempt to fan the Ukraine crisis into war with Russia, and attempts to provoke North Korea as a back door to war with China.
The US Corporate Government: "These are the enemies of everything we hold dear in America: Your children must kill them for us..."
Flag waving and propaganda aside, all modern wars are wars by and for the private bankers, fought and bled for by third parties unaware of the true reason they are expected to gracefully be killed and croppled for.
The process is quite simple. As soon as the Private Central Bank issues its currency as a loan at interest, the public is forced deeper and deeper into debt.
When the people are reluctant to borrow any more, that is when the Keynesian economists demand the government borrow more to keep the pyramid scheme working.
When both the people and government refuse to borrow any more, that is when wars are started, to plunge everyone even deeper into debt to pay for the war, then after the war to borrow more to rebuild.
When the war is over, the people have about the same as they did before the war, except the graveyards are far larger and everyone is in debt to the private bankers for the next century. This is why Brown Brothers Harriman in New York was funding the rise of Adolf Hitler.
As long as Private Central Banks are allowed to exist, inevitably as the night follows day there will be poverty, hopelessness, and millions of deaths in endless World Wars, until the Earth itself is sacrificed in flames to Mammon.
The path to true peace on Earth lies in the abolishment of all private central banking everywhere, and a return to the state-issued value-based currencies that allow nations and people to become prosperous.
"Banks do not have an obligation to promote the public good."
- Alexander Dielius, CEO, Germany, Austrian, Eastern Europe Goldman Sachs, 2010
"I am just a banker doing God's work."
- Lloyd Blankfein, CEO, Goldman Sachs, 2009
From the film "The International" which tells the story of the take-down of the corrupt Bank of Credit and Commerce International which was the 7th largest private bank in the world.
'The question the people of the world should be asking is not whether to raise debt ceilings, but rather why our governments, which are authorised to create and issue interest-free money, instead borrow that money at interest from a privately-owned central banking system, thereby plunging future generations into debt slavery to that bank?'
Three steps from Private Central Bank to World War:
Step 1: Enslave the nation to a private Central Bank issuing the public currency as a loan at interest to trap the people in unpayable debt
Step 2: When the people cannot borrow any more, have the government borrow on their behalf (and without their permissiono) to keep the pyramid scheme working
Step 3: When both the people and the government can no longer borrow, start a world war to conquer other nations wealth to "balance the books"
An Revealing Look at the Interests of the United Nations bodies of NATO and the WTO:
Click the image above to open a larger version in a new browser window
9/11 Cover-Up Imploding As Mainstream Media Forced To Report Saudi Link April 23 2016 | From: Infowars / FreeThoughtProject / Various Establishment media finally coming clean about attack: New evidence reveals a link between Saudi Arabia and 9/11, according to an international newspaper.
Ghassan Al-Sharbi, a Saudi bombmaker, is said to have taken flying lessons with the 9/11 hijackers and U.S. investigators found his flight certificate in an envelope from the Saudi embassy in Washington, D.C., the Australianreported, citing a recently declassified U.S. memo.
“The envelope points to the fundamental question hanging over us today: to what extent was the 9/11 plot facilitated by individuals at the highest levels of the Saudi government?” Asked Brian McGlinchey, the activist who uncovered the 2003 memo known as Document 17.
Al-Sharbi was captured in Pakistan in 2002 and has since been held in Guantanamo Bay, which may indicate why President Obama has kept the detention center open despite promising he would close it “immediately” during his 2008 presidential campaign.
And Document 17 may explain why Saudi Arabia is freaking out right now, including the recent threat to dump nearly $750 billion in U.S. Treasury bonds and other assets if Congress passes a popular bill that would allow 9/11 victims to sue the country.
And it may also explain why both House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell are trying to derail the bill, but they face a losing battle in the long-run: other mainstream outlets are finally coming clean about the Saudi connection to 9/11.
“The kingdom’s involvement was deliberately covered up at the highest levels of our government, and the coverup goes beyond locking up 28 pages of the Saudi report in a vault in the US Capitol basement,” Paul Sperry of the N.Y. Post reported. “Investigations were throttled, co-conspirators were let off the hook.”
“Case agents I’ve interviewed at the Joint Terrorism Task Forces in Washington and San Diego, the forward operating base for some of the Saudi hijackers, as well as detectives at the Fairfax County (Va.) Police Department who also investigated several 9/11 leads, say virtually every road led back to the Saudi Embassy in Washington, as well as the Saudi Consulate in Los Angeles.”
After 60-Minutes Bombshell, White House Says Secret 9/11 Docs Could Be Declassified In 60 Days
On a recent episode of 60-Minutes, former Florida governor, Democratic U.S. Senator and onetime chairman of the Senate Select Committee on Intelligence, Bob Graham implicated a US ally for their role in the September 11th attacks.
“I think it’s implausible to believe that 19 people, most of whom didn’t speak English, most of whom had never been in the United States before, many didn’t have a high school education, could have carried out such a complicated task without some support from within the United States,” says Graham in the interview, implicating Saudi Arabia for thier role in 9/11."
CBS reported that Graham and his Joint Inquiry co-chair in the House, former Representative Porter Goss (R-FL) - who went on to be director of the CIA - say the 28 pages were excised from their report by the Bush Administration in the interest of national security.
Graham wouldn’t discuss the classified contents, but says the 28 pages outline a network of people he believes supported hijackers in the U.S. He tells Steve Kroft he believes the hijackers were “substantially” supported by Saudi Arabia. Asked if the support was from government, rich people or charities, the former senator replies, “all of the above.”
Until now, anyone who questioned the highly suspect ‘official’ narrative on the 9/11 attacks has been labeled a conspiracy theorist or a kook. But when current and former members of Congress, U.S. officials, and the 9/11 Commissioners themselves call for the release of these 28-pages, which tells a different story of what happened that fateful day - people will listen - and listen, they did.
On Tuesday, after Graham’s appearance on 60-Minutes, he says he received a phone call - from the White House.
“Graham told the Tampa Bay Times that Brett Holmgren, a senior policy adviser to the assistant to the president for Homeland Security, told him the declassification review of the documents withheld from a report issued by a Joint Congressional Commission in 2003 will soon be completed.
Graham, who asked the president to declassify the records more than two years ago, said he asked how soon he could expect a decision and was told “one or two months.”
Graham was co-chairman of a joint congressional committee that investigated the attacks.
The 28 pages were classified at the request of the FBI. Graham has been pushing for release of the documents since 2011 when he learned that the FBI had failed to disclose part of its investigation that included reports that high-ranking Saudi Arabian officials provided financial aid and other help to the 19 hijackers who flew airplanes into the World Trade Center and the Pentagon.
He says the FBI initially denied there were such reports but has since turned over 80,000 pages in a federal lawsuit seeking the release of all reports on the investigation.
The decision makers at the White House have realized the public cares about it and there is an urgency to come to a decision,’’ Graham said, noting that he appearance on 60-minutes prompted the White House to finally address the issue.
For over a decade, the families of the victims have demanded the full story on what happened and have only been met with ridicule and closed doors.
This information being aired on mainstream television followed by an ‘official’ response and plan to declassify the information is historical and heartening news to those seeking the truth. Now, we the people may finally receive more insight into the murderous actions on that day, bringing us closer to the closure we so sincerely deserve.
9/11 Commission Members Call For Release Of 28 Pages
Saudi Arabian connection soon to be brought to light: Two months ago when Donald Trump said the release of the 28 classified pages of the 9/11 report would show the involvement of the Saudi government, NATIONAL REVIEW called him a “9/11 Truther” and said “Trump turned into an ALEX JONES SHOW caller”.
Now CBS’ 60 Minutes, along with former Senator Bob Graham, Chairman of the Senate Select Committee on Intelligence and former members of the 9/11 Commission like Sen Bob Kerrey and John Lehman, Reagan’s Secretary of the Navy ,have joined Trump and Alex Jones Show callers in demanding the classified information be released.
Saudi Arabia is the worst country in the world, bar none. If it disappeared off the map tomorrow, the planet would hold the biggest party you’ve ever seen.
So why does Obama bow to Saudi royals like he’s their house bitch every time he visits?
Emergency Meetings, Banker Summits, Crashing European Banks, And The Worst Bank Reports Since The Great Recession
+ Is The American Debt-Note Factory Nearing Its End? April 21 2016 | From: ActivistPost / PoliticalVelCraft / VeteransToday / Various Just about every major banker and finance minister in the world is meeting in Washington, DC, last week, following two rushed, secretive meetings of the Federal Reserve and another instantaneous and rare meeting between the Fed Chair and the president of the United States.
These and other emergency bank meetings around the world cause one to wonder what is going down. Let’s start with a bullet list of the week’s big-bank events:
The Federal Reserve Board of Governors just held an “expedited special meeting” on Monday in closed-door session.
The White House made an immediate announcement that the president was going to meet with Fed Chair Janet Yellen right after Monday’s special meeting and that Vice President Biden would be joining them.
The Federal Reserve very shortly posted an announcement of another expedited closed-door meeting for Tuesday for the specific purpose of “bank supervision.”
A G-20 meeting of finance ministers and central-bank heads starts in Washington, DC, on Tuesday, too, and continues through Wednesday.
Then on Thursday the World Bank and the International Monetary Fund meet in Washington.
The Federal Reserve Bank of Atlanta just revised US GDP growth for the first quarter to the precipice of recession at 0.1%.
US banks are widely expected this week to report their worst quarter financially since the start of the Great Recession.
The European Union’s new “bail-in” procedures for failing banks were employed for the first time with Austrian bank Heta Asset Resolution AG.
Italy’s minister of finance called an emergency meeting of Italian bankers to engage “last resort” measures for dealing with 360-billion euros of bad loans in banks that have only 50 billion in capital.
It’s official. Overnight, China launched its gold-backed Yuan to boost its control over the gold and paper currency market at the same time. Although, mainstream media are saying that it is a “Yuan gold fix” where gold has a fix Yuan units equivalent, it’s basically the same banana.
Earlier, Deutsche Bank was forced to admit its culpability in rigging the prices of gold and silver in connivance with other players in the precious metals market, which put resource rich countries at a gross disadvantage.
With Yuan basically the same as gold, and worthless fiat dollar not allowed to swap with Yuan, this is the beginning of the end for the Federal Reserve fiat dollar.
It is rare for presidents to meet with the chair of the Federal Reserve. The last time President Obama met with Janet Yellen was in November of 2014, a year and a half ago. It is even more rare for the vice president of the United States to join them. In fact, I’ve heard but haven’t verified that it has never happened in a suddenly called meeting with the Fed before.
For security reasons, the president and vice president don’t regularly attend the same events.
There are, of course, many planning sessions or emergency meetings where they do get together, but not with the head of the Federal Reserve.
Emergency meetings where the VP is included in the planning session would include situations related to dire national security in case the VP winds up having to take over.
(George Bush and Dick Cheney were exceptional to the point that everyone commented on how often the VP was included in meetings with the president, but I always figured that was because George Bush couldn’t think and speak without Cheney acting as the ventriloquist.)
In fact the meeting with the prez and vice prez is so rare that the White House is bending over backwards to assure the entire nation that the president is not meeting with Yellen to try to influence the Fed, which is required to act independently of politics (so they claim).
According to the White House, President Obama is meeting with the Fed chair and Biden to discuss the nation’s “longer-term economic outlook,” even though Yellen just told the entire nation that the economy was strong and had arrived nearly back at “full health.” The president says they will be “comparing notes.” Do their notes about the nation’s outlook disagree? “Compare notes” sounds sufficiently vague to cover everything imaginable.
“White House spokesman Josh Earnest said both Obama and Yellen are focused on ways to expand economic opportunities for the U.S. middle class. He called the meeting an opportunity for the two to “trade notes” while emphasizing that Yellen makes decisions about monetary policy independently."
Either such meetings are, indeed, extremely rare, or the White House doth protest to much because they spent more time this week emphasizing what the president was not going to do than what he was going to do in assuring us all that the president will not try to influence Yellen.
“The president has been pleased with the way that she has fulfilled what is a critically important job,” Earnest said. He added that Obama has “the utmost respect for the independent nature of her role.”
Earnest also said that, “even in a confidential setting” Obama would not “have a conversation that would undermine” the Fed’s ability to make “critical financial decisions independently.”
I’m waiting to here the next words - “trust us!”
If such meetings with the Fed are so rare they require careful defensive explanation, why the sudden call of the meeting, oddly timed between two specially called, emergency meetings of the Fed - or, at least, “expedited” meetings of the Fed.
It can’t just be that the president wants to plan what he will be saying at this week’s G-20 conference, if he’s to speak there. That kind of planning would happen in advance because one knows the conference is coming.
One striking peculiarity of the president’s meeting with the Fed is that it appeared to have been called immediately after the Fed announced Monday’s “expedited” meeting of the Board of Governors.
We are in an election cycle, and I already speculated in my last article that, with the anti-establishment, Fed-hating candidates Sanders and Trump doing so well in their bids for the presidency, we could be sure the Administration would be doing all it can with the Fed to put some accelerant on this economy and forestall the recession that I believe we have already begun.
Another Point to Consider: Shanghai Shock April 19, 2016: Yuan Based Gold Standard
China’s new gold-backed Yuan was issued on Tuesday April 19, 2016; the entire world now has the choice of a new currency to use for international trade: The old US Dollar which is backed by nothing, or the new Chinese Yuan, which is backed by gold. Which currency would YOU use?
The Great Tectonic Shift of Gold from West to East:
Switzerland plays a key role in the gold market because it is home to many big gold refiners, so its report confirms what we’ve been saying about gold’s move out of the West to the strong hands of the East. Swiss report showed an incredible 80 percent of gold shipments went to Asia.
Bloomberg states that “there’s no evidence” that China seeks to adopt a traditional gold standard. 6/5/2015
China is warning foreign banks that they must participate in Yuan-based gold price fixing. The first-ever Chinese benchmark is set to launch in April of this year. 1/5/2016
If China were to partially back its yuan with gold it would require a gold price of $64,000 per ounce, 50 times gold bullion’s price today, according to a recent article from respected Bloomberg Intelligence.
China has been quietly accumulating a significant amount of gold bullion in recent years. They are now the top producer and top consumer of gold in the world. They are believed to keep all of their domestic production, plus import significant amounts from other nations. In addition, they have been buying up gold mines around the globe at steep discounts and bringing home gold they had stored in London, New York and Switzerland.
After accumulating all of this gold, along with their close ally Russia, many believe they will eventually break the metal free from the price manipulation undertaken by the banks/governments in the United States and United Kingdom. Once price discovery moves from West to East, they will allow the price to float to free-market levels and the value of all the gold they have been accumulating will skyrocket.
Removing the gold price suppression will be accompanied by wholesale dumping of U.S. treasury bonds and test the world’s faith in the US dollar debt-based fiat currency system.
This will give China, Russia and others a greater influence in world financial markets and better stability in their currencies. It may give them a considerable strategic advantage over the United States, a nation that many believe no longer has the gold that they claim.
Indeed, with a lack of a comprehensive audit and unwillingness of officials to allow one, many believe the gold is no longer in Fort Knox.
Now we move to the really interesting part of this story. Not only has China been accumulating huge amounts of gold (on and off record), but they also launched their own international gold trading platform on the SGE. It has become the largest physical gold exchange in the world, with an estimated 52 times more physical gold withdrawals versus the predominantly paper exchange of the COMEX.
Is the American debt-note Factory nearing its end?
It's becoming pretty obvious that the days of Federal Reserve System hegemony are now limited, in that much of the world is dumping the US Petro Dollar and plans to shift to direct trade and use of Gold, Silver and commodity-backed real currencies.
They are finding out it is a private corporation, a franchisee of the privately owned Bank of London located in the City of London, a private Khazarian Mafia nation-state with its own ambassadors and police.
The City of London is not a part of the UK and pays no taxes to England.
It was infiltrated and completely hijacked by the Rothschild Banking family by use of some crafty covert operations.
Click on the image above to open a larger version in a new window
The most notable major covert operation by the Luciferian Rothschild money-changers was a stock price suppression operation which allowed them to buy up vast quantities of stock at fire-sale prices. This was based on a false announcement a victory of Napoleon in the Battle of Waterloo, when it was just the opposite.
Another lessor but still very important covert operation was the use of Rothschild money power to place Oliver Cromwell in power in England. This prepared the way for the Rothschilds to deeply infiltrate the City of London.
Cromwell was a Rothschild family puppet who was willing to harass, abuse and even murder Rothschild opposition which allowed them to complete their hijacking of the City of London financial and Banking enterprises and make England the center of their ancient Luciferian dark-side Babylonian Talmudic black-magick powers.
From their new home base in England they were able to expand their private central banking kingdom as a replacement for the eroded and dying British Empire which when at it peak was claimed that the Sun never set upon it it was so worldwide and vast.
It was the Rothschilds who were allegedly anointed by Lucifer (Satan) to become the functional head of the Khazarian Mafia, the World’s biggest Organized Crime Syndicate based on the power of the dark side.
Those who run the dark side using the RKM and its Worldwide occult network of Evil must first give up their souls to Lucifer and must function as non-humans dedicated to living in an occult world of secret evil dedicated to performing the opposite of everything that is good, loving, just and righteous.
Hierarchy advancement to the higher positions of extreme power, privilege, wealth and status is based on participation in evil initiation rites based on deviant, perverted criminal acts such as satanic black masses, drug usage, pedophilia, child torture, child-hunting at private hunting lodges, child sacrifice, and human vivisection all secretly videoed for later blackmail purposes in the initiate ever goes outside their allowed behavioral parameters.
The RKM learned of the addictive nature of Turkish Opium and its medicinal and intoxicating powers, and its ability to temporarily stop time and remove all worldly cares.
Battle between the British war ships and the Chinese junks from the first Opium War– it is interesting that the RKM used its proprietary cutout the East India company as its chief opium trafficker
The English had been buying a lot of tea, spices and silk from China and had paid them a lot of silver and gold in exchange for these products which the English people demanded and paid high prices for.
The Rothschild decided they would traffick opium into China to create massive addictions and thereby recover all the silver and gold they had paid out to the Chinese for tea, spices and silk. Opium was deployed by the Khazarian mafia associated “bloodline families” as a weapon of covert economic war.
It didn’t take too long for the Chinese warlords to figure this all out and fight back. Thus the Opium Wars occurring. English troops prevailed but because they had suffered some losses negotiated treaties allowing some opium sales but with significant curtailment.
Ever since, at various times, the Khazarian Mafia has continued to deploy illegal, habit forming narcotics that are able to steal a person’s very soul and dirty them up for life in most cases, an addiction that usually takes everything they have including their life itself.
The Rothschild Khazarian Mafia (RKM) “Beast” is centered in the City of London (COL) and is run by the Luciferian Rothschilds.
It is these Banksters who are reputed to have been anointed and empowered directly by Lucifer who are the head of the occult beast known as the “Hierarchy” which uses the High Freemasonry, and the Worldwide Satanic and occult networks as cover, and has continually trafficked illegal habit forming narcotics.
The RKM have trafficked numerous illegal drugs into America as covert weapons of war to not only destroy America the Constitutional Republic but to raise vast “off the books” black funds for various worldwide covert criminal activities as well as to make the Bloodline families participating in the drug trade rich beyond reason.
Many of these funds are used to finance vast mercenary operations of mind-kontrolled dupes pretending to be and acting like bloodthirsty terrorists who have lost their souls and are no longer functionally human.
Because the RKM basically owns and control every head of most of the American Intel and Law Enforcement Agencies they are basically immune from any arrest and prosecution for their massive illegal drug trafficking into and across America and much of the World.
Only their small time cutouts are ever arrested as token LE prosecutions to fool everyone.
After many years of failed attempts, the Rothschild COL Banksters were able to buy off most members of the US Congress and the sitting US President and were able to establish a foothold inside America with their passage of the Federal Reserve Act of 1913.
President Andrew Jackson — a true Constitutional Populist
President Andrew Jackson had driven the RKM Banksters out of America and felt they were evil. He was correct. He fully understood that these COL Banksters were foreign based vipers and parasites.
“Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families.
That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves.”
“If Congress has the right under the Constitution to issue paper money, it was given to be used by themselves, not to be delegated to individuals or corporations.”
These are quotes from Andrew Jackson, who was a distinguished Constitutional President of the United States 1829-1837, and who killed the RKM Bank and drove it out of America. Sadly, it successfully bribed its way back into America in 1913, this time to last for over 100 years; and the RKM bank effectively parasitized millions of American soldiers’ lives and health, along with most American’s earned wealth and assets.
Once these COL RKM Banksters were able to set up their stateside franchise, they were able to slowly and systematically change the US Dollar from Gold and Silver Certificates (real money) to their own FRS Fiat (counterfeit) money better known as Federal reserve notes.
These FRS notes are actually pernicious interest bearing debt-notes and slowly but surely all Gold and Silver backing was removed in 1971 by Richard Nixon and they became debt-notes only.
This final act of the JFK Assassination coup d’etat occurred in 1971 by the man Richard Nixon who was deeply involved in what he called “that Bay of Pigs Thing” with GHWB.
It was GHWB who served as the titular head of the Bush Crime cabal which ran the CIA as its personal tool on behalf of the Fourth Reich and it was he who planned and ran the JFK assassination of the behalf of the Fourth Reich which was functioning as a part of the RKM.
The Federal Reserve Board, 1913
This seems so counter-intuitive but when one pulls back the curtain one finds the RKM Babylonian Talmudic Zionists at the core of the RKM who work with every other major crime syndicate including the Fourth Reich which they set up and ran in the first place.
Henry Kissinger, Nixon’s national security advisor and high ranking secret RKM appointee of David Rockefeller and former Soviet Mole (Soviet secret code-named according to FBI files of “Bor”).
David Rockefeller has been the head of the American RKM franchise. Kissinger negotiated the US Petro Dollar deal with the Mideast Oil producers. The deal was the US Military and NATO will protect you and will make sure you have plenty of profitable western markets only if you agree to accept US Dollars for your oil sales.
If you want to know the ugly truth about Heinz Kissinger (“Bor”) invest about 8 hours listening to Kay Griggs’ video affidavit, a truly great American Hero like Gwenyth Todd and Sibel Edmonds.
This deal was made and soon the US Petro Dollar became the World’s Reserve Currency, a distinct advantage for the FRS franchisee of the COL RKM private central Banking System.
We now know for certain that the RKM private central banking system is international, and functions like an octopus with many tentacles.
That is why insiders have called it both the “Octopus” and the “Baby” which is short for the current form of the ancient Babylonian Talmudic “black magick” money from nothing Zionist system (aka the secret Sionist Luciferian occult black-magick money-creation system).
And we know that without question a strong association between the RKM private banking octopus has always been associated with both illegal narcotics and drug trafficking and the massive Rockefeller created oil cartel which started out as the Seven Sisters and has now morphed into a smaller number of much larger corporations.
We know that one of the main methods used by the RKM to infiltrate and hijack many nations has been through the infiltration and capture of control over the underworld or criminal organizations in each nation, as well as by infiltrating their banking and corporations and consolidating them.
All the significant RKM leaders are initiated into secret societies using criminal, sadistic and highly deviant rituals, which increase in intensity and severity at each higher level as one become initiated to move up to the next higher level in the RKM system (aka the Hierarchy). Once the RKM gains control over the leaders in every sector, the rest is relatively easy.
And if these leaders go outside their prescribed and allowed parameters, they are sanctions and sometimes their evil activities during initiations are weakened to the public through Press stooges for the Hierarchy.
We now have gained a simple understanding of how the RKM buys its way into (infiltrates), then hijacks large corporations and then consolidates them into larger and larger entities that operate as virtual monopolies in function only but not corporate structure.
The joke was on us, the American people with the Bankster Bailouts. The FRS threatened that there would be blood in the streets and martial law would have to be declared unless the FRS and the “too big to fail” Wall Street Banks were bailed out by the US Taxpayers. This trick was successfully pulled off — TWICE
Once an industry is consolidated, be it oil, manufacturing or entertainment or media, it is easy for the RKM to exercise control over these virtual monopolies because all of the CEOs are owned and controlled by the RKM or its Cutouts one way or another.
Despite the incredible power and control the RKM has exercised over every American institution including the Pentagon, Intel, Law Enforcement, Congress, the Judiciary and almost every administration, their system has been exposed and such knowledge is rapidly diffusing to the masses who are beginning to connect the dots and have now had about enough.
The question of how long the American masses are going to continue to allow several wrinkled up old Luciferian occult masters in wheel chairs to run their lives and destroy everything they ever worked for and America too, is now becoming a prominent issue.
These wrinkled up old Satanic pedophile mass-murderers and child-sacrificers have run the Hierarchy and gained reach all the way down to your street level through their control of local police, and state and federal agencies.
The answer seems to be “not much longer”. Why does this now seem a certainty? The answer will surprise many.
The private Federal Reserve System as well as it franchiser the City of London RKM are both nearing complete collapse.
And this is all due to a strange convergence of different factors including the end of the US Petro Dollar as the oil sales medium and the World’s reserve Currency, the emergence of the BRICs Development bank, the Chinese AIIB and their new swift type electronic exchange system, and numerous direct trade agreements between nations that avoid any use of the US Dollar at all.
The FRS has been buying up US Treasury notes from the Chinese and other nations who fear they are soon approaching a complete loss of value. Thus the FRS and the US Treasury are monetizing debt, which means they are kiting up the whole system to manipulate the statistics to look good, while the whole system nears ultimate collapse.
The top FRS officials know this as do the real owners of the FRS, who are the Bloodline families who have made immense unjustified riches off of the American taxpayer and renter of their fake FRS Debt-notes, which are little more than mere promises to repay the debt with pernicious accrued interest.
How can we be sure that the FRS nears complete collapse?
Their Controlled Major Mass Media have not been telling us the truth.
These six Major Media News Outlets who are a virtual monopoly claim in unison that the US unemployment rate is 5% or less when it is at or near 40% or over 95 million able workers who are out of work.
This 40% figure does not include the many millions that are grossly under-employed.
Certainly this is some kind of an admission of near complete FRS insolvency and a coming financial storm.
But it is also a request for a get out of jail free card and an apparent attempt to shift responsibility from the Bloodline owners of the FRS to the US Public.
This is a crafty new way to monetize the debt by shifting ownership of it to the American people.
It is being proposed because the FRS Bloodline families who are the true stockholders and owners of the FRS realize that they cannot squeeze much more value out of it anymore.
The FRS was used to covertly kite the system through built-in inflation by using each local member bank loan to create money from nothing and then charging pernicious usury to use what should have been owned by the American people directly themselves in the first place.
Most of the BRICS and AIIB members have already discussed in secret that these various new currencies will have to be linked to gold, silver and commodities as their backing for money.
Some believe it will end up being digitally based but still linked to Gold, Silver and commodities.
And there will have to be trade boards to adjust exchange rates between trading countries in a mutually agreeable fashion.
It was all the unConstitutional Free trade Agreements and the mad addiction by Wall Street Banks to various pyramid Ponzi scams such as the S&L scam and the Enron scam (CIA black fundraisers), the Mortgage balloon Scam, and addiction to out of control derivatives and their continual repackaging and fraudulent sales as equity backed securities when they were anything but securitized by equity, and actually were fraudulent paper.
And we still have numerous top corporate leaders claiming on behalf of the RKM that America has a shortage of educated skilled workers and are continually begging for more H1B foreign visa’d immigrant workers.
This claim is of course based on a lie and is designed to keep the wages low and to destroy America the Republic by removing jobs from mainstream highly educated American workers.
And that the lies surrounding free trade and unrestricted immigration that Donald Trump and Bernie Sanders are now exposing is just one major reason why their words are resonating with so many Americans.
Many Americans are starting to envision the new dream team of Trump for President with Bernie Sanders as his VP running mate. Actually they agree on most of the most important issues. If both are cheated out of becoming their party candidates, they should quit their parties and join forces to become independents which both have been before. This team if they could iron out their differences would be unbeatable.
Bernie Sanders is popular among college students and the younger, and Donald Trump is popular among a wide spectrum, including many African Americans and Hispanics which is turning out to be a surprise to many so-called political experts.
The American masses do not want the sleazy Clintons back in the White House with all Bill’s un-prosecuted rapes and sexual abuse incidents, and Hillary’s Whitewater scam, the Web Hubbell love child in the former First Family, the Vince Foster murder and being rolled up in the W.H. rug incident, and her W.H. Waco bloodfest tantrum.
Hitlery is the Satanic RKM’s choice, and we shall see if their current diminished state of American political power is great enough to keep her out of jail for running a company covert op on her email, while getting a big chunk of money for herself or enough fake votes to get her elected as POTUS.
So far, her course has been completely protected, and she has been promoted to a status similar to the Queen of England.
No wonder she acts so haughty and laughs off every good question without answering it.
She has the whole Hierarchy leadership behind her and is serving as a major Cutout right now. Of course they want her to be elected POTUS. If elected, she will be open for Hierarchy business 24/7.
With Hillary everything is always for sale, everything to anybody with enough money, and believe you me, it takes a lot to get what you want in DC these days.
But there are other secret forces at work here to expose her and block her, and these go deep within certain secret factions in the Pentagon and some powerful Intel agencies, and even Majesty, the beyond-black group that is alleged to handle the most sensitive Alien ET matters including secret negotiations and treaties with some such groups.
Far too many of their crimes were covered up and went unprosecuted because of their being appointed by the RKM Hierarchy to serve as master RKM puppets.
The Establishment wants the Clinton’s back in power because with them everything is for sale 24/7 and this is what the RKM members want so they can remain feeding off USG pork like pigs at the taxpayer trough.
Conclusion
As the RKM is now cornered by the rest of the World that is tired of their debt note private central Banksters Fiat counterfeit currency scam, it is becoming obvious by the day that the RKM is losing power and soon the Hierarchy itself will be taken apart at the seams.
Top Hierarchy members know this is happening and are scrambling to shift the FRS into the USG as a US Federal Agency owned by We The People to create cover and provide an escape from the peasants and their pitchforks.
Many Americans are now learning that the US Congress is spending about 40% more than it takes in in Tax revenues.
This means that it must borrow more and more FRS Petro-Dollar debt-notes from the unending, elastic American Money Factory which is a true monopoly and completely illegal and unConstititional.
If a law is unConstitutional, it is by definition illegal and no American has any obligation to obey it.
The only reason that 'We The People' pay taxes is because the RKM Banksters have transformed this world into their own police state with their “owned” judicial system, and their ability to use their unbridled power of the boot in your face and threatened imprisonment to force compliance.
[They know that. Now you know that. Wake up and stand up.]
This year it has been reported tax revenues are up. This is of course due to the secret actions of the “Plunge Protection team” which kites up stock with direct secret purchases and intercepts electronic trades using A.I. algorithms to make profits not otherwise available.
You can bet the Plunge Protection team has also been making secret tax deposits through various complex means to kite up the system and fool everyone.
When any government reached such a state that it has to borrow 40% or more money to balance its books, this is a scenario that is certainly a formula for complete financial collapse.
And when you add so-called Free Trade Agreements, massive foreign immigration into the picture, H1B visas and a World increasingly saturated in US Petro Dollars that are losing value by the day, you can see this is a formula for coming catastrophe.
The rest of the World is now catching on and is deeply committed to constructing serious firewalls against the US Petro Dollar such as BRICs, AIIB and direct trade agreements without the use of the US Petro Dollar.
The handwriting is on the wall, the days of the FRS and RKM World hegemony are now limited, and the end for them is near.
100 Days - Claiming Back New Zealand April 20 2016 | From: 100DaysToDemocracy Horrified and shocked-she isn’t the only one: This isn’t the New Zealand our parents and grandparents lived in* - and we’re certainly not the better for it.
So isn’t it high time we started holding to account the politicians who’ve been so very largely responsible for this, and for the fact that many New Zealanders are now finding it difficult to afford living here in what is – (or was?) – our own country?
It’s not a good sign when those returning from the UK, for example, comment on how much more expensive everything is now – food, electricity, very basic living costs.
Even more crucially, we now have the least affordable houses of any country in the world in relation to income – although we all remember Prime Minister John Key blatantly denying there was even a housing shortage in Auckland. How could he have not known?
NZ Herald: Home truths: Can you afford to buy in New Zealand?
So perhaps it’s not surprising that PM John Key has been so very keen to get rid of the flag that they* and we have long lived under…the one flying over us all. John Key wanted the Union Jack removed, and apparently, the politicized Chinese with whom he gets on so very well agreed with him. Of course.
But not Hong Kong Chinese, fighting for basic freedoms against their predatory neighbour. Hong Kong Chinese apparently value the Union Jack, saying it represents the freedoms they had under the British and no longer have, and that it expresses the difference in values between Hong Kong and its over-authoritarian Communist government.
All the nonsense talked by Key and parroted by the inner circles of government about New Zealanders “needing to discover our national identity” and “our own place in the world” is basically manipulation.
How many of us go to sleep fretting about our national identity?
Mind you, as it’s increasingly not being seen as our own country any more, this question is going to be raised – but not as the PM apparently wants. We pretty well knew our own place in the world – in fact we owned our own place. But do we now?
Increasingly New Zealanders feel that we don’t. Nor will many of us have been impressed by learning that Key also sent a text to former All Blacks captain Richie McCaw (whom we’ve recently seen in an advertisement for an Australian-owned bank) and his team-mate, Dan Carter, asking them to watch his video promoting a flag change.
Whether this is appropriate behaviour for a Prime Minister, and whether sporting figures would be wiser to refrain from being lured into looking too close to powerful politicians is another issue.
The PM, of course, has his devoted cheerleaders among the media, so perhaps it’s not so extraordinary as it would otherwise be that we can guarantee many of them are managing not to look too closely at the essentially vulgar antics which have been his trademark at a personal level.
However, more worryingly, what should be a proudly independent fourth estate manages to pretty well look the other way and to barely, if at all, mention happenings which are so extraordinary that they should have us all shocked and horrified – not just the individual who heard, second-hand, of the one below.
It has been, culpably, so little reported that we should be doubly grateful to Senior Herald reporter, David Fisher, for making us aware that the Prime Minister was the guest of honour at a private fundraising lunch held at an Auckland Chinese restaurant.
The point is that it was hosted by the Change the Flag lobby group to raise cash from wealthy Chinese donors who supported the flag change. A small handful of National’s MPs were there, too.
It was all to fund a last-minute push for votes, including a pamphlet to send out just days before the voting started. This small, exclusive lunch was not publicly advertised, and the Change the Flag chairman, Lewis Holden, confirmed not the names of the donors, but that over $100,000 was raised for the entire campaign.
He admitted that some was donated by the Chinese donors who wanted the Union Jack gone from the New Zealand ensign, Mr Holden commented – naively, some would say.
In January, Taiwan elected its first female president after a furore“We knew there was support in the Chinese community because of the Union Jack" just before Election Day when a 16 year old Taiwanese singer for a girl band was forced to give a forlorn apology for holding a Taiwanese flag on a TV show. China has refused to allow the 7.2 million people of Hong Kong a free vote next year on deciding who will lead the city.
And reportedly, an uproar in Hong Kong over the disappearance of five dissident booksellers believed to be in the hands of the Chinese security services has also understandably a had huge impact on public opinion in Taiwan.
This of course, is typical behaviour from a brutal Communist régime which imprisons, tortures and even executes dissidents (let alone its continued opposition to Chinese Christians, and its appalling record of “farming” the Falun Gong to forcibly remove their organs for live transplants organs.
Not that New Zealand ever officially and publicly protests – any more than many countries similarly turned a blind eye to the appalling and barbarous treatment that Nazi Germany showed to its Jewish population, in World War 11.
And yet, does or does not a country have a moral responsibility to make its views publicly known about a trade partner’s oppression of its own people? Is it okay to just look away, to pretend it isn’t happening or doesn’t really count?
Mr Holden should have specified that he was referring only to the increasingly large Communist Chinese community in this country.
Other long-settled Chinese in New Zealand would not only disagree (including a highly respected academic who protested in his youth at the butchery of Tiananmen Square) but are deeply concerned at the influence that Communist Chinese interests are apparently having on our National Party government, dominated by its acknowledged authoritarian leader.
In fact, Mr Holden admitted he was pretty surprised that John Key agreed to come. Concerned New Zealanders who have been asking what is happening to this country, and why we have the state we are now in, are not all surprised. After all, the buck stops at the top.
Interestingly enough, too, back in November, 2015, a Facebook user John Miller spotted another flag design – one of those proposed – appearing on the labelling for New Zealand apples in Shanghai. He asked, “Do the Chinese know something about the outcome of our flag referendum that we don’t know yet?"
The same flag was reported as being flown at a butcher’s shop in the United Arab Emirates. Somebody must have been pretty certain that the flag change was a done deal.
Three cheers for the New Zealanders who got the whiff, from somewhere, of a decaying rat, and put a stop to this attack on a heritage we can be proud of, in spite of all the unfair, and highly suspect, disparaging of colonialism.
As Hong Kong can testify, and as other African nations show us, it’s a wise observation that there are far worse things than colonisation, and that post-colonisation is apparently one of them.
Similar to the Prime Minister’s former denial of any problem with the Auckland current housing market has been his repudiating any connection with the uncontrolled immigration flooding the country.
The migration influx is breaking all records with, as reporter Hamish Rutherford informs us, the net gain last year being equivalent to a city the size of Nelson. In one year alone…
John Key’s simplistic assertion that unrestricted immigration is of economic benefit to the country has long been disproved. So why does he keep repeating it?
As Westpac senior economist Anne Boniface says, record immigration:
"Is helping to maintain a semblance of strong economic growth but the preponderance of people in the labour market is keeping wage growth lower than would otherwise be”.
And of course it is the unprecedented demand for housing from those flooding into the country, plus the ability of far more wealthy immigrants to outbid New Zealanders for our own houses, which has us at crisis point – although the government of course is not acknowledging this.
Nor is the building of new houses anywhere near able to compensate for the extraordinary demand, not with virtually 68,000 in the year ended in February this year.
The result is not only a dramatic shortage of houses but of decent jobs (some now observably preferentially offered to Chinese workers paid less by Chinese business owners and employers).
The flow-on effect includes shortages not only of housing – and of wealthy property investors outbidding New Zealanders to rent back what should be their own houses to them.
There’s now an unprecedented exodus to the provinces with a leap of house-buying driving house prices outside Auckland up beyond the reach of local residents.
Pressure has increased on land, on hospitals and all other social services
So the questions are being asked:
Why is National, under its leader, John Key, more interested in protecting the interests of potential NZ migrants and offshore investors – over and above the large and growing number of Kiwis priced out of the market?
The comments keep coming… that National has been in Government for 9 years and it has the power to effect change, but that it wilfully does not because John Key thinks that rising house prices are good politics.
But if it isn’t being brought home to more and more New Zealanders that it is shameful for our government to protect the interests of people who don’t even live here – above those of New Zealanders themselves -then it should be.
But is there more to all this than a seemingly naïve National Party leader having his own way? In the real world, where the uber-wealthy are looking for bolt-holes to escape the increasing scrutiny of their governments, New Zealand has long been viewed as a ripe plum ready for the picking.
Super-rich overseas owners, with obliging specialists lawyers to hand, have already hoovered up our high country sheep stations and farms, some owning multiple properties, including our scenic assets and, seemingly whatever takes their fancy (in spite of the OIO’s supposed scrutiny of the value of these land grabs to New Zealanders).
It doesn’t take anything more than commonsense to take on board the fact as more and more of our farms, our land and our houses are bought up by immigrants or pass into overseas ownership, more and more New Zealanders are being squeezed out of owning these.
It’s a depressing scenario for the dairy sector as banks face possible billions in write-offs. John Key admits that low dairy prices may see banks facing losses with farmers forced to sell, but, in a cavalier fashion dismisses the prospect – “as normal for businesses”.
This sort of pragmatism, an indifferent approach to those facing the devastating prospect of losing their family farms and homes, walks past the point of who is going to be in a position to actually buy the land – particularly when the Reserve Bank states that under its severe scenario it is unclear whether there would be sufficient cash among buyers to absorb the added number of farms which would inevitably be put up for sale.
Unclear in relation to New Zealand buyers, perhaps, but there is no shortage of finance from Chinese sources.
While a number of foreign nationals have been busy acquiring what they can, more or less under the radar, it is the very real threat to our sovereignty from Communist Chinese interests underpinning Chinese investment which is most ominous.
A Financial Times article of March 2016 by Lucy Hornsby – The Great Land Rush: China’s Pengxin hits overseas hurdles – points to the marketing of “Theland” with “where cows gaze on emerald grass below white clouds shaped like New Zealand”.
It makes the point that Pengxin;
"A little-known Shanghai real estate developer that owns Theland, will become the world’s largest private landowner if Australia’s authorities clear its most ambitious bid yet, to gain control of the grazing lands of the S Kidman & Co cattle empire. That, plus holdings in New Zealand, makes Pengxin the boldest of Chinese corporations investing in land, and has helped trigger a backlash."
It continues: “The financial Times, in a series of reports, is examining governments’ and private investors’ increasing interest in grand scale land deals. With the commodity supercycle ending, land – the ultimate resource – could either become the next big thing or the source of cross-border disputes… In November, Australia blocked the A$350 million sale on security grounds”. But there are further complications.
Pengxin’s bid for Kidman draws on its experience as China’s largest land investor in New Zealand.” However, (reportedly) “its expansion there has reached a limit only months after it announced plans to double its Kiwi assets to NZ$1bn, or 50 farms. In reply to written questions from the FT, Terry Lee, the president of overseas investment for Pengxin, wrote that “investing in New Zealand farmland…has been more challenging than we thought. “
This is excellent news and is no doubt due to those very few reporters and columnists to whom New Zealanders owe a great deal for their spotlighting of these issues – as well as to those who have been asking the questions that our government would apparently prefer not to answer.
What the Financial Times also noted was the understandable rising resentment in this country;
"After property documents, leaked to New Zealand media, showed buyers with Chinese surnames accounted for half the purchases of Auckland homes worth more than NZ$1m.”
Meanwhile, in Australia. Canberra is reviewing foreign investment rules, and has cut the threshold for approval of foreign acquisitions of rural land from A$252m to A$15m.
Moreover, a new registry of foreign-owned agricultural land goes public this year. Already, in Australia, there is much more scrutiny of foreign investors wanting to buy Australian housing stock, and each application must undergo appropriate review.
The paper further states that “as China’s urban sprawl consumes and pollutes farmland, Beijing has given tacit blessing to agricultural investment overseas.”
This is a considerable understatement. As a 60 Minutes programme pointed out, Chinese investors are being financially equipped by the Chinese government to buy up as much in the way of productive farmland, stock, and business fed by this industry – as well as means of transport, including shipping – for the benefit of China alone.
"Australia and New Zealand are top destinations because foreigners can own land outright, but resentment over Chinese investors buying residential property has curdled the political environment.”
In the eyes of New Zealanders it hasn’t curdled it enough, given that the government has not moved to protect New Zealanders from being disadvantaged in our own land.
Moreover, as one of the three primary obligations of government is the defence of the realm, it can be legitimately argued that the government is failing in its responsibility to defend New Zealanders from these takeovers.
Why, it is increasingly asked, can foreigners still buy up own land outright? Why is it is still being allowed to happen?
Reportedly, wooing Maori sellers and flying well-heeled Chinese tourists around New Zealand has paid well for those promoting sales of our assets. It can also be legitimately argued that enthusiastically promoting Chinese tourism may be working to our own disadvantage, for obvious reasons.
The fact, too, that Pengxin is reportedly building its own integrated dairy business, is a direct challenge to our already struggling Fonterra, our major dairy exporter upon whom thousands of New Zealand farmers depend.
No wonder that global market forces are coming into conflict with local populations, given the fact that nobody is making more land (except, in fact, the Communist Chinese, arousing disquiet through their aggressive military expansions – as well as through attempts to circumvent legal requirements within a host country) .
Yes, this comes from another political party. But don't let that fool you - notice how it doesn't matter which party is in power, they all follow the same agenda. And so while Labour is critical as the opposition - nothing would change under their leadership
Kerry Brown, Professor of Chinese studies at King’s College London, points out that China is a real problem for Australia and New Zealand – with its huge markets growth potential and very real needs. His warning is timely, namely, that underneath;
“China remains alien in terms of fundamental values and political beliefs."
The implications are clear, and as has been well stated, those who do not know their history are doomed to repeat it. The lesson of the Trojan horse – Timeo Danaos, et dona ferentes…
I fear the Greeks, especially when they are bringing gifts is to all intents and purposes ignored by the John Key government enthusing over a damaging flood of immigration and a level of foreign investment which threatens our own productive economy.
A recent National Business Review editorial points out Chinese companies have so far this year bought more foreign companies than during the whole of last year.
“In the past few years, most of the interest has been in agri-business. Recent deals in New Zealand have included dairy farms and factories, meat companies and horticultural ventures as well as companies such as PGG Wrightson…
The Chinese are also seeking high technology companies but this is proving difficult…the wave of purchases has spread to the hospitality sector and entertainment.”
An additional NBR editorial, discussing the revelations of the Panama Papers, notes that a third of the business of a law firm involved has been in helping Chinese clients ship their money overseas and out of reach of the Communist regime.
A BBC report “How China’s wealth is sneaked abroad”, implicates New Zealand “as a major target for a property-buying spree totalling US$ 32 billion around the world last year.
A featured comment will have resonated with many:
“The government should be embarrassed by this – not only have they turned a blind eye to the Communist Chinese money coming into NZ (despite the anti-money laundering rules), they have allowed the Auckland property market to be grossly inflated by a Chinese investors.”
Where to from here? The lesson from all this is that China is trouble. Not only are its Communist values in direct contrast to those of the democratic West, it is notorious for its electronic spying, including attempting to hack into government and defence security systems.
This of course, will predictably, include our own – a fact which raises the question: What was former left-leaning Prime Minister Helen Clark thinking when she allowed, in fact welcomed a procession of top-ranking Chinese military officials coming to be shown around New Zealand – inspecting our military bases, our equipment and familiarising themselves with our obvious inability to defend this small country?
Does anyone really believe she was simply ignorant of Communist China’s ambition in this area? If not, what was her motive in doing so?
And now, at the very time when concern about Chinese military aggression in the Pacific has America considering setting up military bases in Australia, it needs to be far more widely known that that late in 2015, National ’s Defence Minister, Gerry Brownlee, farcically lectured our giant, predatory neighbour, exhorting it to behave “like a big country” in the South China sea (where it is causing tension with other regional powers, and with the USA.)
Sent of course by our Prime Minister, he thought it fit to sign a five-year military defence alliance with this Communist country, while clumsily stating “that New Zealand’s relationships with Chinese and US defence forces are not mutually exclusive.”
But in fact they are. It’s almost incomprehensible that we should have signed such a military defence pact with this aggressively confrontational country. China’s Communist leadership, with its natural affinity for North Korea, is, for all its trade alliances, no friend to the West – a fact that most New Zealanders perceive – even though Key’s National government is apparently determinedly avoiding facing this fact.
As a consequence, and given the weakness of what should be our major Opposition party, New Zealanders are well and truly on the way to becoming tenants in our own country.
For this reason, even those who do not support the left-wing Chris Trotter’s political views, may well agree with his statement that New Zealanders’ disengagement from the political process (“in which we were once among the world’s most enthusiastic participants”) has been accompanied, and justified, by the widely held belief that “politics has become an almost entirely disreputable profession.”
His vague assertion that – “the answer lies with, and in us – the New Zealand electorate” suggests no concrete solution.
But there is one. It does not matter that it would be a most unwelcome one to by far the majority of our politicians, and to those with the money and influence “to assist” the government in its decision-making. And here I recall former Finance Minister Ruth Richardson thanking millionaire Doug Myers, then Chairman of the New Zealand Business Roundtable for his valuable help to her in her portfolio…)
We all know that we have moved a long way from being a far more democratic country that we once were. The loss of our freedoms has been gathering pace – even freedom of speech – let alone the ability to be genuinely involved in the decision-making of our governments – although this very much affects us.
Reforms are undertaken from time to time – as with the now signalled, but well overdue simplification of our tax system. Too little, too late for so many. But apart from our ability to routinely throw out governments which have caused perceivable damage to our country, in the interval between our elections the government elected as the lesser of two evils inevitably claims a mandate for actions for which it has no genuine mandate at all.
The solution? It is what the highly intelligent Swiss have long insisted on – the reform of our political system so that any legislation passed by Parliament, no matter what party is in power, nor what deal-making has gone on behind the scenes, has to wait for 100 Days.
This mandatory stop on all proposed laws gives the people of the country time to examine it for fishhooks. If satisfied, they allow it to pass. If they are not, it takes a very small proportion of their electorate (50,000 in a county with double our population) to call for a special kind of referendum, the results of which are binding on their government.
The fact that this provision is there puts a stop to constant trade-offs, in contrast to the never-ending passing of legislation which pours forth from our own government – whereas Swiss parliamentarians meet only once a week, and are able to hold down day jobs.
For more information on how the Swiss govern themselves, visit our website at www. 100days.co.nz
Above all, we need to remember that there is nothing so powerful as an idea whose time has come – and there is nothing more effective than individuals joining together to achieve a tipping point to insist on being genuinely part of our country’s decision-making.
Controlling our politicians though the eminently achievable 100 days initiative, now well under way, is available to each of us.
Each of us – not everybody else. If you are concerned about what is happening to our country, please support us! We need you all.
The Trillion Dollar Lawsuit April 19 2016 | From: Ellaster Part One: Neil Keenan’s battle Against the World Wide Conspiracy of Bankers
End of 2011 the Irish-American businessman Neil Keenan (agent of the Asian Dragon family) filed a claim in the Federal court in New York. [1] Neil Keenan’s lawsuit is not just about the stolen bonds with a face value of 134,500 billion dollars.
It entails the largest fraud in the financial world. The story behind the claim exposes the corruption within the banking industry. It also uncovers the involvement of world leaders with these corrupt practises and unveils the sinister agenda of the Cabal (secret ruling elite, also called Illuminati). Furthermore it reveals the true motivations behind the Second World War and 9/11.
And if the claimed amount of more than a trillion dollar is not spectacular enough, the list of defendants is at least as impressive: Dal Bosco (financial advisor of the Vatican), the Italian government, Prime Minister Berlosconi, the United Nations, Ban Ki-moon (UN), World Economic Forum and the Federal Reserve Bank in New York. [1]
One would almost think that this is not a serious case, but nothing could be further from the truth. This case is dead serious and everything indicates that this story is the absolute truth. A chilling truth, at least for the Cabal, as this most likely will be the sword of Damocles that hangs over their head.
The Claim
In June 2009 two Japanese men were arrested in the Italian Chiasso, near the Swiss border. The two Japanese, Yamaguchi and Watanabe, carried in the double bottom of their suitcase Federal Reserve Bonds with a face value of 134,500 billion dollar. [2]
The two were accused of having counterfeits in their possession and after the arrest their bonds were confiscated by the Italian police. After they were brought before the court, they were quickly released and there is no police or legal report anywhere to be found, neither in the Italian police record, nor at the Financial Police, nor at Interpol.
However, the confiscated bonds remained in the hands of the Italians and there is proof that they have been redeemed by the Italian government and the Federal Reserve Bank in new York and placed in a financial program of the United Nations.
The History of the Dragon Bonds
In order to understand the origin of these bonds and their astronomical value, one needs to go back to the time of the silk route. For thousands of years the West is engaged in trade with the East and particularly since the era of the East Indian Trading Company this trade intensified.
Merchandise like silk, ceramics, spices and other valuable goods were imported from Asia. The Asians only accepted gold as payment and this is how 85% of the worldwide gold ended up in the East.
This gold belonged to the Dragon family - China’s dynastic rulers before the communists came to power - and is now spread over various Asian countries: Indonesia, Thailand, South-Korean, Japan, the Philippines, Malaysia and Taiwan. [3]
In order to regain this gold, the Cabal in the West made a secret agreement to plunder it from Asia by means of three world wars. This plan dates from 1776, the year that the Illuminati was founded as well.
Later on in 1921, 18 years prior to when World War II would start, another secret agreement was signed by the American, British and French government, the future Japanese Emperor Hirohito and the Chinese communist leaders, to start the Second World War and steal the gold of the Dragon family. A copy of this agreement will be submitted in Neil Keenan’s lawsuit.
Part of the plan was a false flag attack by a Japanese proxy that stole part of the gold in China in the twenties. [5] This convinced the Dragon family to safely put away part of their gold in the Federal Reserve Bank in the US. The first part was shipped in 1934 and in 1938 seven tankers fully loaded with gold-bars left for the US.
Example of Federal Reserve bond with face value of $ 100,000. Bonds with higher values, half a million to 100 million per bond, were also issued
In exchange the Dragon family received Federal Reserve Bonds with gigantic values, varying from a million to 100 million dollar per bond. A condition of this deal was that the gold would be used to finance humanitarian projects to develop and modernize Asia and Africa.
Bretton Woods Agreement
In 1944 the International Monetary Fund (IMF) and the World Bank were founded as part of the Bretton Woods agreement. [6] This was the start of the current worldwide financial system. The US demanded that from then on the Federal Gold Reserve would form the basis of the monetary system.
The 1944 Bretton Woods Agreement: Power Bloc Coup
At the United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire, from July 1 to July 22, 1944. The agreement included the formation of the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development and, most importantly, the proposed introduction of an adjustable pegged foreign exchange rate system.
Currencies were pegged to gold and the IMF was given the authority to intervene when an imbalance of payments arose.
The truth is that in 1944, Britain, France and United States were given a fifty-year term of Global Control over the global financial system. The Agreement was supposed to develop and modernize the planet, when in fact, Roosevelt was poisoned (assassinated) and then most of the world’s gold was taken off-market, blacklisted or hidden in caves.
This allowed the fascist coup to finalize their fiat currency system control over the world. The military-industrial complex, instead of developing the planet, would actually start controlling and stealing from the world.
It was a clever ruse to make sure that a large part of the gold in the hands of the Dragon family that was not part of the Federal Reserve, would this way be non-tradable. The gold that was handed over to the Federal Reserve Bank was lent for a period of 60 years. When this term ended in 1994 for the 1934 bonds the Dragon Family demanded their gold back.
Because the promises made by the West to modernize the third world by humanitarian projects were not kept and furthermore the funds were used to finance various wars.
9/11 Was Related to 200,000 Tons of Gold
Because the Federal Reserve Bank did not want to return the gold, the Dragon family filed a lawsuit at the International World Court in The Hague. The trial took place behind closed doors and when the Dragon family won the case the Federal Reserve Bank was obligated to return 200,000 tons of gold.
The deadline when this gold had to be sent back was September 12 2001, the day after 9/11. The gold was stored in the vaults in the basement of the World Trade Centre, and has disappeared ever since the attacks. Cantor Fitzgerald Securities the shipping company that was in the possession of the insurance and transportation documents was located in WTC 1.
During the 9/11 attacks all 600 employees were killed and all documents vanished. The Treasury Police was located in WTC 7 and when this building came down, their documents disappeared as well.
The message to the Dragon family was loud and clear; the Fed did not have the intention to return the gold. [3]
The gold that had to be sent back was stored in the vault below the WTC. The shipping and insurance documents were destroyed after WTC 1 and WTC 7 came down after the 9/11 attacks
The Chiasso Incident
In 2009 the Dragon family appointed the Irish-American businessman Neil Keenan to help them with the bonds. This successful international businessman was experienced with negotiating with top diplomats and heads of state and was known for his integrity. Keenan was also granted a mandate of the DFFI (Dragon Family Financial Instruments).
Yamaguchi and Keenan
reviewing bonds and notes
According to Neil Keenan, also spokesperson for the Dragon family, another lawsuit took place after 9/11. Again the Federal Reserve Bank was obligated to return the gold. Thereon the US sent false gold bars back to China, made of a worthless tungsten covered by a layer of gold. [7]
In the meantime the Federal Reserve Bank neglected to pay the (full) interest over the bonds since the sixties. The yearly interest is significantly higher than the value of the bonds when redeemed, where just a small part of the face value would be paid out. Despite this, Keenan and the Dragon Family decided to redeem part of their bonds on a trial basis.
With the first part of bonds, just a very small amount, all the required authorisations were provided, a procedure that could take a number of weeks. Then two representatives of the Dragon Family, the Japanese Yamaguchi and Watanabe travelled to Italy with 134,500 billion dollar bonds in their possession.
After the arrest of the Japanese and the confiscation of their bonds a news paper article was published in an Italian newspaper that the two had carried counterfeits. However, these bonds have never been formally declared false.
Furthermore, Neil Keenan has proof that Prime Minister Berlosconi redeemed these bonds and shared half of the loot with the Federal Reserve Bank in New York. The redeemed bonds are placed in a program of the United Nations. This program had a revenue of 20-30% and this profit went directly to the defendants.
Italian police with confiscated bonds. After Yamaguchi’s and Watanabe’s arrest an article in the Italian press claimed that the two were taken into custody because they carried counterfeits.
Lies and Deceit at the Highest Level
That the bonds were secretly and illegitimately redeemed [8] would be discovered by Neil Keenan much later in the game. After the arrest of Yamaguchi and Watanabe, Neil Keenan travelled to Italy and Switzerland to mediate with representatives of the Italian government.
There he also met Dal Bosco that promised to help him to redeem the bonds through the Italian Treasury Police. Dal Bosco was a financial advisor of the Vatican and treasurer of the P2 lodge in Rome. [9]
As part of the negotiations Keenan always took his own stack of bonds with him, a set comparable with Yamaguchi’s confiscated set of bonds and with a face value of 145,500 billion dollars.
To make sure they would not be stolen when traveling he entrusted them with Dal Bosco, also knowing they could not be redeemed without the required signature of Yamaguchi. At least, that is what he thought…
However, a dirty game was played and Dal Bosco offered Neil Keenan a 100 million dollar bribe in return for transferring the mandate of the DFFI (Dragon Family Financial Instruments) to them. The DFFI have an actual value of several trillions. Dal Bosco assured Neil Keenan that it was safe to go along with the proposed deal and implied that the Italian government, Vatican and P2 lodge agreed with the deal.
Dal Bosco:
“So you see there is no possible way we can have a problem. We can cloak ourselves with the immunity shield and everyone will go away. Just another day in the UN!
Ban Ki-moon of the UN had stated: “From the very top we’re protected.” “There is no reason for anyone, including Keenan, to worry about any sort of repercussions.” The Federal Reserve Bank “had no problems with the actions about to be taken so long as some candy was tossed to them.”" [10]
Implications of Neil Keenan’s Lawsuit
The above story became the basis of Neil Keenan’s claim against the Federal Reserve Bank in New York and the other defendants.
This will by no doubt become one of the most outstanding lawsuit of all times and the implications of this lawsuit are enormous.
It will irrevocably lead to the Federal Reserve Bank’s bankruptcy. Many whistle-blowers have stated that the Federal Reserve no longer has the gold and by no means can return it.
Furthermore, through the submitted evidence a network of large scale financial fraud will be exposed, a criminal cartel at the highest level. A team of experts around Keenan, who call themselves Group K, prepares the final death blow. Group K claims to have truck loads of evidence that irrefutably prove their claims. There are documents, audio recordings, bank statements, etc.
Beginning of 2012 Neil Keenan redrew the lawsuit after the first judge was replaced by a corrupt judge with close connections to Washington DC.
Moreover there was a jurisdiction problem, because part of the claim was addressed to several Italian parties and the International United Nations, but filed in the US. Meanwhile Keenan now has collected enough evidence to undoubtedly prove the complicity of the Federal Reserve Bank in New York.
He expects to refile the case this year, first in New York, later in Europe. Hopefully the case will lead to many arrests and will end the era of financial tyranny, the financial system as we know it today. [11]
BAN KI-moon stating: (i) “from the very top we were protected”; (ii) “there is no reason for anyone, including KEENAN, to worry about any sort of repercussions”
Powers that be in New York had no problems with the actions about to be taken so long as some candy was tossed to them.”
11 Interview of Neil Keenan and Group-K by Pete Santilli
Part Two:
The End of Financial Tyranny is the Beginning of the Golden Age
Neil Keenan’s lawsuit was initially a claim and request for compensation for the stolen bonds. Now it has become a case about the future of the world. There is something fundamentally wrong and that needs to be rectified. Team-K, a team of experts like: former bankers, financial and legal advisors, assist Keenan in his mission to expose the Cabal (secret ruling elite) and cut off their funds.
Keenan:
“The Cabal has built the financial system and we’re trying to tear it down because it’s just no damn good. Because they wanted to kill 5-6 billion people, out of 7 billion people. We woke up in time.” [1]
Benjamin Fulford, investigative journalist and spokesperson for the White Dragon Society (an Asian secret society) verified this. Members of the White Dragon Society eavesdropped on one of the conversations at the Bohemian Grove conference and heard about their plans to start World War III and reduce the world population through a created pandemic (by means of the SARS or Ebola virus). [2]
Subsequently Benjamin Fulford suggested that the Asians could stop this insane plan by cutting off their funds, because it could not be executed without Chinese and Japanese money.
Keith Scott (former member of Group K) confirms this:
“If you take the money away from them, you take away their chance to do anything. […] This lawsuit is the key to doing that.” It’s like a key to Pandora’s box that we are going to open.
The world is then going to see what is really going on. Then people will see that the entire system is corrupt.” [3]
Chris Bosnahan (former top banker and now assisting Team-K) about the banking industry: “The amount of corruption… it’s absolutely completely and utterly rotten with corruption. It’s a dangerous machine to stop.” [4]
Black Book of Codes
How corrupt the financial system really is becomes evident now Team-K gained access to the black banking system. Since they got hold of a copy of the Black Book (also called the Book of Codes) they can get access to this black shadow economy, which in size is at least as big as the official world economy.
Group K has a certified copy of the JP Morgan Blue Book with an overview of the Cabal families that illegally controlled the black shadow economy.
Chris Bosnahan:
“The Black Books got the codes to open the ‘black screens’. […] You have to be a government level or royal family to open up a black screen.”
With the codes from the Black Book heads of state and royal families have access to add millions, even billions to their own bank account. The black screens are a high-tech network where all the black money is been kept hidden.
Bosnahan: “The Black Books have the full history of every government that has been using leased gold [through the Federal Reserve]from 1934 to today. The Black Book is the key to open everything that can not be argued with and Neil has those books secured." [5]
95% of the money is nothing more than numbers in the computer. Just 5% of the money is physical money. Digital codes provide access to this money and bankers do not want to give up these codes.
Through the codes in the Black Book and opening the ‘black screens’ bankers have added ridiculous amounts of trillions of dollars to their accounts; 33 times more than is present as capital in the total world economy. This happened especially when the US went off the gold standard. According to Chris Bosnahan the current monetary system is rotten to the core and can not be repaired.
With the codes to open these black screens, Group K can demonstrate that the gold of the Dragon family that was lent to the Federal Reserve Bank and meant for humanitarian purposes, in reality was used for military and industrial purposes. With the Black Book Keenan has a powerful weapon in his possession to prove the corruption of the Cabal.
An Indictment Against the Bilderberg Group and Other Secret Societies
The Cabal is not one group, but a number of various factions like the Illuminati, the Nazis, the Zionists and Jesuits, that gather in secret societies used to roll out their world agenda.
These secret societies are also guilty of stealing large sums of money as becomes evident in an additional claim by Team-K that was filed against all 12 Federal Reserve Banks in the US. [6] Quote:
“All persons from several organizations of persons who consider themselves to be the global elite have illegally used these assets - making fortunes for themselves, or otherwise benefiting from the illegal use of these accounts.
Key among these are members of (but not limited to):
The Committee of 300
Skull and Bones Society
The Bilderberg Society
The Trilateral Commission
Council on Foreign Relations"
The hidden agenda of these secret societies like the Bilderberg Group, is to create a world government and total control of their own banking system. Dismantling the current socio-economic structures and destruction of the society as we now know it, are part of this occult agenda.
The Dutch Royal family founded the Bilderberg Group. In an additional claim that Neil Keenan filed against the 12 Federal Banks in the US, the Bilderberg Group is mentioned to be one of the secret societies that through the black screens large sums of money were credited to their own bank accounts.
Murder and Bribes
As to no ones surprise, there were several murder attempt on Neil Keenan’s life and his team members. At least one person from Team-K got killed, another survived a staged car accident.5 Additionally large sums of bribes were offered to Keenan again and again to withdraw himself from the case or sell the Black Book of codes.
Amounts of 15 to 20 trillion were offered, even though it’s a mystery how one thinks to pay these amounts. But it doesn’t matter, as Keenan is not interested. This is a battle between good and evil.
He will not give up until the Federal Reserve Bank is brought down. After that he will target the European Union & the European Central Bank. Neil Keenan:
“We have a bunch of counterfeit notes and we want to be compensated for them. We’re not talking a trillion or two, we’re talking tons. And if they can’t do it, we’ll throw them into bankruptcy. End of European Union, bye bye.” [7]
Neil Keenan
It is evident that something is at stake in the financial world. This is also illustrated by the large number of suicided bankers since 2013. ‘Suicided’ is a term used for people forced to commit suicide when put under enormous psychological pressure, or being killed where their death appears the be the result of either suicide or a tragic accident.
This faith happened to at least 72 bankers. [8] Whether these people had to be eliminated as potential witnesses or if these bankers are in any way related to Neil Keenan’s case is not clear, but it is an indication of major changes in the financial world.
A Financial Reset and Mass-Arrests
Neil Keenan’s case will irrevocably lead to a reset of the world wide financial system. Besides this case there are other initiatives to remove the power from the Cabal. Much of the world capital, placed in a Central World Fund, has been used for their own benefit by the Cabal. They played Money Magick by means of computer games and created money based on a gold reserve they in fact had no access to.
In the past years these financial institutes have been heavily infiltrated by White Hats (opponent of the Cabal), whereby certain transactions by the Cabal could no longer go through the system and had their funds confiscated.
Thereby the Cabal has lost their access to the Central World Fund. This has caused huge panic among the Cabal. This was also a reason for the 3/11 Fukushima attack and had everything to do with a confiscated banking transaction. [9]
When all secrets will be revealed through the trillion dollar lawsuit: the actual gold reserve, the fraud with the bonds, the financing of wars, the truth behind 9/11, the fraud with the black screens, then the entire system comes crashing down. That’s why a plan for a financial reset was developed.
This plan for the reset goes hand in hand with the plan of the freedom movement in the US and other countries to overthrow the government and restore justice. There is a concrete mass arrest plan that includes hundred thousands of bankers and politicians to be arrested.
According to Drake bailey - contact of whistle-blowers within the American military, the Pentagon, CIA and other government agencies, as well as the US Militias - there are sufficient legal grounds to arrest (former) political leaders like Bush and Obama. Neil Keenan is well connected with Drake Bailey to prepare this final death blow. [10]
Benjamin Fulford, investigative journalist, broke the story about the stolen bonds and the pending lawsuit.
Reason for Optimism: A New Golden Age
During the financial reset the banks will close down for a while. During this time the Cabal’s bank accounts will be frozen. That will also be the end of the debt crisis. According to Benjamin Fulford (former bureau chief of Forbes’ Asia Pacific edition) a financial reset will lead to the blossoming of the economy. He states that there is enough capital to completely solve world poverty and environmental pollution.
Besides the capital in the current world economy, Asia is perched on top of a gold mine. [11] The amount of gold present in Asia is not even closely related to the official gold standard. Most of the gold was never made part of the Federal Reserve and has been deliberately kept off the books.
The exact amount of gold is up for debate, some claim it is 10 times larger, some even claim it is 100 time larger than the official gold reserve.
The Dragon family who are the guardians over a large part of this gold reserve, wish to use it through the Global Collateral Accounts for humanitarian purposes, but only after the Cabal is arrested.
It will be a big shock to many people when they realize how much gold there really exist and how this has been systematically plundered from mankind. There is so much gold. And when this gold is being put into the system in a dosed and responsibly fashion, there is enough capital to have 7 billion people live in prosperity.
That will be a major paradigm shift. There is no scarcity. And that is perhaps the Cabal’s biggest secret. Because once that sinks into the people’s mind, they will demand their piece of the pie.
Neil Keenan: “Well you know Drake, they do own the system. They still got all the money. But the bottom line is the money is fake, most of it nowadays. At one time it used to be real. They built the system. And we’re trying to tear it down because it’s just no damn good. Because they wanted to kill 5-6 billion people, out of 7 billion people. We woke up in time. That lawsuit that I filed opened up a lot of eyes and caused a lot of trouble. Wait ’til they see the one we’re going to refile.”
Quote from this claim: “All persons from several organizations of persons who consider themselves to be the global elite have illegally used these assets — making fortunes for themselves, or otherwise benefitting from the illegal use of these accounts. Key among these are members of (but not limited to) :
The Committee of 300 Skull and Bones Society The Bilderberg Society The Trilateral Commission Council on Foreign Relations
Panama Papers Have Caught UK Politicians Off Guard + John Key Testy With Media Over Link To Foreign Trust? April 17 2016 | From: VeteransToday / TVNZ / Various Oh my, our prayers have been answered. The Panama Papers scam is being burned down as I type, and with it what little reputation that corporate media and the think tank subverts thought they might still have.
London has shot itself in both feet on the Panama Papers scam
The British papers were nothing more than a lynch mob with their over-the-top coverage that Putin was the new Midas in Russia, when they never met a Russian thieving oligarch whom they did not love on sight, no matter how unscrupulously they have obtained their wealth.
The idea of moral leadership coming out of Britain itself is a bad joke, as it treats its own people like coolies while being a purveyor of modern colonialism to the best of its ability. This includes wanting to spend tens of billions on their Trident nuclear submarine upgrade, so they can have their version of Teddy Roosevelt’s “Big Stick”.
The City of London is the unofficial pirate base of Europe, even having special laws passed to not have its “financial independence” fiddled with. This is a more polished version of when the Italian-Jewish mob in the US tried to take over Cuba to have their own country to operate from with diplomatic immunity. They forgot to get Castro on board that effort.
Here we have AIPAC Zionist Martin Indyk hosting Erdogan last week at the Brookings Institution
He actually was pitching Putin as being behind the document release as a Russian psyop on the West, and Gaddy included some of his friends as a smokescreen cover which he knew would not hurt him.
It was slickly done, but made the mistake of revealing how even the most prestigious Washington think tanks involve themselves in major intelligence psyops as part of their “team dues”.
We published NEO - Christopher Black’s article yesterday that just nailed the uber Washington insiders who are behind the funding of the International Consortium of Investigative Journalists (ICIJ), which is now tainted forever… Jim W. Dean.
John Key Testy With Media Over Link To Foreign Trust?
'You don't want to get your arses sued off you.' The Prime Minister has hit back at attention on whether he has financial interests with a firm that specialises in setting up foreign trusts in New Zealand.
The Prime Minister has been questioned about his links to Antipodes Trust Group, and is not happy about it
John Key has a short term deposit with Antipodes Trust Group to cover the costs of a family trust.
Mr Key says he has no foreign trust interests and his deposit is handled by Antipodes Trust Group because his long-time personal lawyer moved to the firm.
"I don't deal with people unless they're highly ethical and they do things well. He's (Mr Key's lawyer, Ken Whitney) changed firms and that might get everyone else excited but from my point of view it's just situation normal," said Mr Key.
Asked if Mr Key would prefer that Antipodes Trust Group didn't advertise itself as being able to help out people wanting to set up foreign trusts here, Mr Key said;
"There's a legitimate place, as I've been saying, for financial services when it comes to foreign trusts."
Addressing journalists after a business lunch in Wellington, Mr Key went on to say;
"As you guys were very careful last night, I think, in your coverage of these matters; the reason you were is because you don't want to get your arses sued off you because actually they are a legitimate business. They're not the Devil incarnated."
"I mean, if a political party wants to say, 'I'm no longer going to have foreign trusts being allowed to be registered and supported in New Zealand' that's a call they can make. I mean, I think there'd be significant implications of that."
It has been estimated that foreign trust business earns New Zealand around $24 million annually.
Focus on foreign trusts has arisen after the leak of the so-called Panama Papers suggesting that, in some cases, such trusts are used to avoid paying tax.
Although Washington is using the so-called Panamanian Papers to wage a propaganda war against politicians it despises, especially in Russia and China, this operation has recently come to a screeching halt due to the lack of convincing evidence in those papers.
So what we are witnessing now is simple allegations that the political elites of the two above mentioned countries are engaged in some inappropriate financial activities.
However, this recent information attack has already backfired against Washington itself along with its closest allies. For instance, we’ve learnt from these papers that London is most probably the global capital of money-laundering.
The responsibilities of Mossack Fonseca were reduced to purely technical functions while the actual transfer and concealment of money was carried out by a number of banks and law firms.
"Almost 2,000 British middlemen helped to create a network of offshore companies and move billions of pounds secretly around the world, according to the Panama papers. Lawyers, accountants, banks and company formation agents based in Britain were involved in setting up 32,000 of the 200,000 offshore companies incorporated by Mossack Fonseca, the Panamanian law firm."
Furthermore, as it follows from yet another publication of The Times for over 16 years thousands of offshore companies that own property in the Great Britain were providing the addresses of the largest UK largest law firms in the City like Clifford Chance, Farrer & Co and Withers as their own.
For instance, A British banker Nigel Cowie who resided in North Korea for over two decades created an offshore finance company that was allegedly used by the Pyongyang regime for arms trade and be able to carry on developing its nuclear program, says The Guardian.
According to the released documents, Nigel Cowie was behind a Pyongyang front company, DCB Finance Limited, registered in the British Virgin Islands.
The full responsibility for the unprecedented scale of shadowy business scheme being pulled out in the UK is being placed on the British Prime Minister – David Cameron. For instance, The Independent took a somewhat straightforward approach, claiming:
"What’s most stinging is the sheer hypocrisy of Cameron. After all, this is the man who made great efforts to increase funding for HMRC tax inspectors; abolished permanent non-dom status from April 2017 and proposed an international anti-corruption drive in the light of the Fifa scandal.
David Cameron is a man with a reputation seemingly made of titanium. Really, who does this guy have to piss off to merit serious calls for his resignation Considering it’s just been revealed that he did actually have a stake in his father’s offshore investment fund, the lack of outrage is astonishing."
It’s now clear that Ian Cameron was part of the scheme as a director of Blairmore Holdings Inc. On top of it The Guardian, one of the 109 international media sources that was granted access to the Panamanian Papers, claims that over the past 30 years Blairmore Holdings Inc. hasn’t been paying any taxes to the British treasury.
Moreover, in a brochure for investors released back in 2006 it would state (emphasis added):
"The directors intend that the affairs of the fund should be managed and conducted so that it does not become resident in the UK for UK taxation purposes Accordingly… the fund will not be subject to UK corporation tax or income tax on its profits."
Those facts manifest the blatant hypocrisy of the British Prime Minister. After all, he publicly opposed offshore practices back in May at the recent Anti-Corruption Summit in London, while claiming that his supporters would develop a comprehensive legislation that will put an end to the illegal activities of the so-called British tax haven.
Back in 2012 David Cameron criticized offshore structures, while claiming that they are definitely not fair and not right. At a G8 summit in Enniskillen three years. ago, he demanded even more transparency, claiming that:
"I’ll continue to make the case for transparency with international partners, including the British overseas territories and crown dependencies and I am willing to go further, and take concrete steps to force the pace."
Under these conditions, the British society seems to be determined to pursue the resignation of the vicious Prime Minister, forcing a vote of no confidence to be taken.
Several British parliamentarians said that after the scandal with offshore companies, David Cameron should leave the position of the deputy chairman of the Labour Party, while Labour’s deputy leader Tom Watson urged Cameron to hand over all the money that he received through offshore companies to the British treasury.
But the Panamanian Papers have not simply exposed the shadow schemes that are constantly being at play in London, that Washington and London have been desperate to impose upon the Middle East and Africa and other regions around the world along with the so-called “Western style democracy”.
It also makes one to wonder why in recent decades the UK has become a safe heaven for numerous “political foundations for the struggle for democracy” (such as The National Endowment for Democracy and the likes of it), and whether those are also involved in such financial scams under the guise of fighting for the right cause?
The Truth Is Coming And It Cannot Be Stopped April 16 2016 | From: TheSpiritScience Shortly after Edward Snowden went public with his findings on the NSA’s surveillance program, he uttered some very powerful words: “All I can say right now is the US Government is not going to be able to cover this up by jailing or murdering me. Truth is coming, and it cannot be stopped.”
Truth is coming, and it cannot be stopped.Exciting words for most of the general population, but troubling for a select few in Washington, New York, London and Brussels.
From Snowden’s testimony, he covertly said from the very beginning that there was and is an end-game in play. Who’s? That is not yet made known.
What he is describing, believe it or not, is the true definition of “Apocalypse” – The “Lifting of the Veil”, when all truths become known and public… Hidden information revealed, including, that pertaining to the purposeful use and abuse of the common people of earth.
From Snowden’s testimony, he covertly said from the very beginning that there was and is an end-game in play. Who’s? That is not yet made known.
Graffiti that is sympathetic to NSA leaker Edward Snowden is seen stenciled on the sidewalk on June 11, 2013 in San Francisco
In other words, there are white hats (good guys) within “the matrix” aimed at taking down the banking / political cabalists.
Though it may be difficult for many to believe that such powerful forces will see the darkness and corruption of their actions and rituals exposed, the world is already seeing the beginning of such things come to light…and with much more to come.
For those who are interested, here is some key ingredients in the current drama’s are unfolding.
Putin
In middle November of 2015 at the G-20 Summit in Antalya, Turkey, Vladimir Putin surprised most of the world when he announced that Russia’s collected data showed that ISIL was (and probably still is at the time of this writing) being financed by 40 countries and that some of those countries were G-20 members.
In other words, he stated at the G-20 Summit that members present at the gathering were helping to fund ISIL.
This call-out is of extreme magnitude.
What is most important to evaluate from this disclosure is that this situation is also still in play. Since that time, Russia has publicly presented evidence that Turkey is one of those countries, but has not listed the other 39. Are we really to believe Putin and Russia will just forget about this and not reveal the other 39 countries?
It seems much more likely that a chess game is being played behind the geopolitical scenes of the world and that Putin may be simply waiting for the “right time” to reveal such things.
Imagine the ramifications, especially in the United States and Europe, when this high-level disclosure takes place. It is truly not difficult to see why we are seeing the elite panic in so many different directions right now, as well as continue to unsuccessfully attempt to propagandize Putin as the “bad guy.”
In reality, Putin could have several aces up his sleeves and the global elite know it.
In early January 2016, former US attorney Joe Digenova stated that the FBI is coming to a “critical mass” point in its investigation of Hillary Clinton. He followed that by saying that if the Department of Justice does not indict, the FBI is in a position to “basically revolt.”
More easily put, the global elite are in a very difficult spot. Let the DoJ indict their preferred choice for president (Hillary), or do not allow an indiction and watch the FBI and other intelligence agencies begin coming forth to the public en masse with their evidence on this case and most likely evidence of even deeper stories.
Since January, much more has come to light as over 30,000 emails have been released. Just a few of the biggest stories within these emails, as Wikileaks has revealed, include Hillary’s extremist role in Libya, her push to privatize oil Mexico, claiming a Sunni-Shiite war would be good for the West and Israel.
They also included her suggestion to overthrow a sovereign government in Syria and remove Assad.
Though some people believe all of this will lead to nothing and to her getting off the hook, that scenario is becoming increasingly less likely as the Washington Post just a few days ago reported that at least 147 FBI agents are investigating this case. Even if the DoJ would choose not to indict, do you really believe these 147+ FBI agents (and probably many other intelligence agency members) would simply stay quiet? Or would they indeed revolt as Joe Digenova stated earlier?
The Dam Is About To Break
As we can see, there are huge stories all still in play and all affecting each other in different ways. What is clear is that we are indeed in the “quickening” of this entire scheme and that the truth is continuing to come out at an ever-increasing rate.
In fact, we may already be at the “critical mass” point in relation to disclosures of truth occurring.
"The notion of critical mass-that comes out of physics is a very powerful model. Adding success factors so that a bigger combination drives success, often in a non-linear fashion, as one is reminded by the concept of breakpoint and the concept of critical mass in physics. You get a little bit more mass and you get a lollapalooza result.”
Pillow talk these nights in Washington, New York, London, Brussels and elsewhere must be getting very interesting.
These stories are all incredibly important and deserves questioning and investigation, though one must ask what Snowden, Wikileaks and Anonymous know on an even bigger story most media outlets have yet to touch:
Why Is April Always A Big Month For Illuminati Mischief? April 14 2016 | From: CosmicConvergence First things first, when referring to the mythology of Aries, it is important to note that there are two distinctions to make. Myths about “Aries, the Ram” are different from myths about “Aries, the Greek god” (whose name is more often spelled “Ares”).
In Greek mythology Ares is the god of war. It is important to make a distinction between the role that Ares (Greek mythology) plays and the role that his sister Athena (Greek mythology) plays. Athena was also a god (goddess) of war, but unlike Ares, Athena was strategic and disciplined, where Ares was chaotic and destructive.
Having these two Greek gods represent the two different sides of war is very telling as to how the ancient Greeks viewed war. If Athena was Napoleon then Ares was Rambo. Ares was known for his lust for blood, his chaotic nature, and his thoughtless aggression.
"Interestingly enough some of these characteristics (to a much lesser extent) are attributed to those born under Aries, the Ram, in astrology."
Very few residents are aware but those who truly run the world consult astrology and mythology, numerology and mythology just as much (and even more) than they refer to the ‘hard sciences’.
TPTB who rule the entire planet via a World Shadow Government (WSG) have always conceived and timed their major ‘events’ according to the stars. They employ the very best astrologers in existence and conduct their many enterprises according to the arcana of occult astrology and numerology.
It’s now quite obvious to those who have researched these matters that the very business of the ruling elites is perfectly timed according to the confluence of astrology (e.g. Aries), numerology (e.g. power numbers 11, 22, and 33) and chronology (e.g. Shemitah phenomenon).
Remember, the same cabal set up every major chronological system in use today. The World Shadow Government, in fact, is quite meticulous about executing their black operations and implementing their false flag terror attacks on specific dates and in certain places in order to greatly intensify their impact and desired effects on the planetary civilization.
Your Birth Date and Location, Your DNA and Bloodline
Did you know that those who own and operate Planet Earth, Inc. have access to the birth date and birth location of every human born ever born here? They also have a massive database of the DNA records and bloodline history of every single person alive today. All the birth records, which they have quick and easy access to, provide them with this information and much, much more.
You see, in this way TPTB leave absolutely nothing to chance. On a certain level, that is, they know everything they think they need to know about each one of us. Our karmic blueprints are revealed by our astrological birth chart just as our destinies are carried through our bloodlines.
Of course, nature is only one piece of this very complicated puzzle of destiny. It’s well known that nurture can change the future of one whose nature is to do good or do evil. Nurture is really the controlling factor here, but not when the nature is so strong that it cannot be overridden. This will occur when the karmic influences are so heavy that the destiny is literally carved in stone.
Hence, they (TPTB) know - without any doubt - exactly who those old souls are who will be as predictably incorrigible as they are intractable. As they say in America, they’ve got their number - ALL OF THEM -both literally and figuratively. In so doing the ruling cabal is quite aware of who precisely will give them problems and how they might do so.
If the renegade’s chart shows much promise as a writer or speaker, that individual will most likely become a Thomas Paine or Thomas Jefferson or Sir Thomas More or Thomas Merton or Thomas Mann or Thomas à Becket.
Yes, TPTB are also obsessed with onomastics which concerns itself with the esoteric meaning of one’s personal name. Both the numerology of a person’s full name and its etymological origin reflect the energetic imprint associated with the individual’s current incarnation. If they happen to be born in the month of Aries they will be courageous and bold, impulsive and pioneering. They will charge ahead with the missions in life like a battering ram.
What Does All of this Have to do With April of 2016?
The forgoing revelations were only presented in order to impress upon the reader that they really do have your number just as they use their various numerological systems to control the Global Economic & Financial System.
Everything the ruling cabal does is perfectly timed and coordinated for maximum effect on human consciousness with the explicit purpose of exerting complete control over the entire Earth realm. This is their domain, so they think, and they are determined to keep the place in total lockdown - 24/7.
Toward that end they routinely use certain months to accomplish certain goals. The month of April has always been one of their favorites for many reasons.
Not only is the weather very nice with Spring in full bloom, many folks around the world have full-blown Spring Fever. However, it is the astrological energies associated with Aries which they really like to exploit.
They do this by capitalizing on the vibrations of war that are inherent in the very astrology and numerology of the month of April. The window of April 15th through the end of April is usually a very active time for these inveterate war-makers.
"Were one to deeply research the individual astrology and numerology of all the government soldiers and mercenary soldiers of fortune, it would become apparent how they have all been corralled on this battle flied or that battleground in order to fight it out in good fashion.
Since most 'Men are originally from Mars' just as most 'Women are from Venus', it ought to be clear how easy it has always been to move the warmongering males to just about any theater of war in Creation.
Likewise, TPTB are fully cognizant of how easy it is to ramp up the war cries with this battle cry or that battle hymn, this military-adnminstered vaccine or that recreational war drug."
Now many will ask the question about Aries officially ending on or about April 19th or 20th from year to year. And, yes, that’s correct, except that there are different astrological systems at work here. As follows:
"Under the tropical zodiac, the Sun transits this sign mostly between March 20 and April 19 each year. This time duration is exactly the first month of Solar Hejri calendar (Farvardin). Under the sidereal zodiac, the sun currently transits Aries from April 15 to May 15 (approximately)."
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Aries (astrology)
Here’s an historical example of how TPTB use the earlier Aries energies to wage their wars of aggression around the globe.
"The 2003 invasion of Iraq lasted from 20 March to 1 May 2003 and signaled the start of the Iraq War, which was dubbed Operation Iraqi Freedom by the United States (prior to 19 March, the mission in Iraq was called Operation Enduring Freedom, a carryover from the War in Afghanistan)."
Not only was that war of conquest and control deliberately initiated on March 20, it was started on that date in order to inaugurate a multi-year campaign of war and terrorism to transform the whole Middle East in to a regional theatre of war and conflict.
What Else has the Controlling Cabal Done During the Month of April?
Make no mistake about it, from the 15th to the 30th of April is the real playtime for the mischievous elites. This is when they line up their battle plans for optimal effect both locally and globally.
The "Germans introduced poison gas on Apr 22, 1915" which was the first time chemical weapons had been known to be used on a wide-scale basis.
It’s also interesting that Adolf Hitler allegedly committed suicide on April 30 in 1945.
The Falklands War was officially begun on Friday, 2 April 1982.
On April 30, 1975 Saigon falls and the North Vietnamese take Saigon; the war in Vietnam ends.
The whole orchestrated Arab Spring was actually timed around the bellicose frequencies of the main month of Spring - April.
Many countries throughout the Mideast saw the most violent protests and revolutions during March and April of both 2011 and 2012.
The ongoing Syrian War began on 15 March, 2011.
The civil war in the Ukraine was started on 6 April 2014.
What follows is another list of momentous April events which fall into the very same April timeline. Each of these meticulously manufactured happenings was highly consequential and fabricated to produce a desired outcome by the WSG.
April 17th has already been placed very high on the radar screen by various astrologers. Not only does this date fall squarely within the preferred range of the ruling elites to make war or perpetrate crimes against humanity, it also serves as a HUGE trigger point.
That does not necessarily mean that Sunday, April 17th will see a major earth-shattering event; rather, only that it may trigger the energies toward a future conflagration of some sort. It may manifest as a single short-term calamitous event or function as the start date for a long-term march to a World War III.
Here’s what one astrologer (a practitioner of Jyotish) has written about this April:
Whenever humanity sheds the light of awareness on a predicted event, they hold the power to transform it, for good or for ill.
This is exactly what happened with last year’s widely prophesied Shemitah financial breakdown and economic crash.
Yes, it happened in various ways, but was significantly diminished in its effects because so many had written and spoken about it.
As follows:
"If, during the years leading up to 9/11, there were books written about a scheme to take down the Twin Towers via a controlled demolition, would the false flag operation still have been executed?
If the internet was abuzz with conspiracy theories - before September 11, 2001 - about a cruise missile from the U.S. military arsenal being fired at the Pentagon, would the perpetrators still have followed through?
If the modern-day prophets and televangelists, rabbis and ministers were warning the people of a grave event that would close the stock market for a week and shut down the airline industry, would the conspiracy proceed as planned?
The point is that the September Shemitah is very much a manmade event that would only have proceeded if there was no likelihood of exposure. If those who conceive and coordinate the 7 year Shemitah crashes and collapses don’t want to be known, would they still implement their conspiratorial plot?
Particularly during the month of September of 2015 - the prognosticated “biggest month of the millennium”, why would they dangerously give themselves away?"
Should you change your attitude toward whatever befalls you or your community, the whole world will conform itself to your positive and life-affirming posture. The heavens will support your every effort to overcome the seemingly insurmountable obstacles.
Whenever the light of consciousness is directly aimed at a particular worry or concern, an anxiety about the future or regret about the past, it will slowly defuse it. The sheer knowledge of a prognosticated event can either magnify it or minimize it.
By facing the upcoming challenges of 2016 and beyond with great courage and undeterrable resolve, the unseen forces of the Universe will congregate in your corner.
The more one understands that the predominant collective awareness, which is held around any specific prophecy, will either bring it into Creation or keep it from manifesting. By becoming aware of these possibilities, much can be done to prevent many of the more severe prophecies from occurring. After all, True Prophecy Is Always Uttered To Avert Catastrophe, NOT Predict It.
True, there is no stopping some of the earth-shaking changes which are nearly upon us, but they can be alleviated. The more we pay attention to the cosmic messages being delivered from on high daily, the more compelled we will be to make the necessary alterations in behavior, both individually and collectively.
Shots Fired: Wikileaks Accuses Panama Papers' Leaker Of Being "Soros-Funded, Soft-Power Tax Dodge" + Rothschild's Primer: How To Launder Money In U.S. Real Estate And Avoid "Blacklists" April 10 2016 | From: ZeroHedge / ZeroHedge / Various The Panama Papers are yet another example of how the 'Elite's' little games are being exposed in increasingly shorter amounts of time. One almost wonders why they even bother.
There is actually too much to cover here, but following are a couple of articles to begin with and number of links with further elaboration.
"one can't help but wonder: why not do a Wikileaks type data dump, one which reveals if not all the 2.6 terabytes of data due to security concerns, then at least the identities of these 441 US-based clients. After all, with the rest of the world has already been extensively shamed, it's only fair to open US books as well."
The exact same question appeared in an interview conducted between Wired magazine and the director of the organization that released the Panama Papers, the International Consortium of Investigative Journalists, or ICIJ, Gerard Ryle.
This is what Ryle said:
"Ryle says that the media organizations have no plans to release the full dataset, WikiLeaks-style, which he argues would expose the sensitive information of innocent private individuals along with the public figures on which the group’s reporting has focused.
“We’re not WikiLeaks. We’re trying to show that journalism can be done responsibly,” Ryle says. He says he advised the reporters from all the participating media outlets to “go crazy, but tell us what’s in the public interest for your country.”
Question aside about who it is that gets to decide which "innocent private individuals" are to be left alone, Wikileaks clearly did not like being characterized as conducting "irresponsible" journalism - and to the contrary, many in the public arena have called for another massive, distributed effort to get to the bottom of a 2.4TB treasure trove of data which a handful of journalists will simply be unable to dig through - and on Twitter, accused the ICIJ of being a "Washington DC based Ford, Soros funded soft-power tax-dodge" which "has a WikiLeaks problem."
Moments later, in a subsequent tweet it added that the "Putin attack was produced by OCCRP which targets Russia & former USSR and was funded by USAID & Soros."
And so, a new contest is born: one between the "old" source of mega leaks, and the new one. We wonder if and when Edward Snowden and/or Glenn Greenwald will also chime in.
But we are far more interested if now, that there appears to be a war brewing between Wikileaks and ICIJ, who what "information" will be released next, and whether whatever comes out will put the entire Panama Papers project in a different perspective, one which, as even Bloomberg has hinted, may have been to benefit the last remaining global tax haven around, the United States itself, as well as the most notorious provider of "tax haven" services in in said country: Rothschild.
Here Is Rothschild's Primer How To Launder Money In U.S. Real Estate And Avoid "Blacklists"
They are also probably familiar with the name Andrew Penney profiled in January by Bloomberg as follows:
"Rothschild, the centuries-old European financial institution, has opened a trust company in Reno, Nev., a few blocks from the Harrah’s and Eldorado casinos. It is now moving the fortunes of wealthy foreign clients out of offshore havens such as Bermuda, subject to the new international disclosure requirements, and into Rothschild-run trusts in Nevada, which are exempt.
...
For financial advisers, the current state of play is simply a good business opportunity. In a draft of his San Francisco presentation, Rothschild’s Penney wrote that the U.S. "is effectively the biggest tax haven in the world." The U.S., he added in language later excised from his prepared remarks, lacks “the resources to enforce foreign tax laws and has little appetite to do so.”
So for all those now former Mossack Fonseca clients, or their "Panamanian" peers who have not been rooted out yet, or for anyone else who wishes to open a domestic "trust", here is the primer straight from Rothschild Trust.
Key highlights:
In the year since we opened Rothschild Trust North America in Reno, Nevada, we have discovered the versatility of Nevada trusts and their usefulness within the context of our international business.
Rothschild Trust has long embraced clients with US connections and the complexity this brings to planning. Our new US offering has enabled us to offer creative solutions not only to anticipated situations, but also to unusual or complex scenarios that require bespoke structures.
In our experience, Nevada trusts can be useful planning tools not only for onshore or first generation American families, but also for foreign offshore families looking to invest in the US.
Such structures maintain privacy and block US estate tax liability, but are subject to two layers of income tax (at both the corporate and shareholder level) as well as high levels of both income and capital gains tax, making them inefficient for appreciating or income-generating property.
Worried about FATCA exposure abroad? Just use Rothschild domestically:
In the build-up to FATCA implementation, some US clients who had assets in offshore trusts for historic reasons have decided to domesticate these structures to lower the burden of reporting. These domestications form part of the general trend we have seen towards moving structures onshore.
The US, and Nevada in particular with its favourable trust laws and attractive state tax regime, offers a variety of planning opportunities that can achieve complex planning aims with simplified reporting obligations and compliance concerns.
Here Rothschild explains to foreigners how to launder money using U.S. real estate:
The foreign company contributes its shares to the US LLC and then liquidates, and the US corporate subsidiary it owns elects to be treated as a qualifying sub-chapter “S” subsidiary. The end result is a single layer of US income tax and reduced rates on income and capital gains tax, though in the case of property that has appreciated greatly in value – such as, for example, prime New York condominiums – there can be a significant tax cost to the liquidation.
We have recently seen the usefulness of “foreign” Nevada trusts for offshore foreign investors in US real estate. The appointment of a foreign protector to a trust that would otherwise qualify as a US domestic trust causes the trust to fail the “control” prong of the US court and control test for trust situs, and therefore prevents the trust from qualifying as tax-resident for US federal income tax.
Generally, this type of structure is useful for foreign offshore investors in US real estate (or other US situate assets) who do not wish to file US tax returns in their own name and who, having no personal US nexus, would like to minimize the amount of US tax payable on the investments.
This, of course, would not be possible if the National Association of Realtors was not complicit. Which it is, as we have covered since 2012:
"Many of you reading this will undoubtedly have spent time in an international bank and been forced to sit through countless hours of “know your client” and AML training. Fascinating to note that the National Association of Realtors lobbied for and received a waiver from such regulation.
That’s right, realtors actually went to the U.S. government and said: we want to be able to help foreign business oligarchs and other nefarious business people launder money through the real estate markets of the United States – and prevailed.
Here's their official position:
"NAR supports continued efforts to combat money laundering and the financing of terrorism through the regulation of entities using a risk-based analysis. Any risk-based assessment would likely find very little risk of money laundering involving real estate agents or brokers.
Regulations that would require real estate agents and brokers to adopt anti-money laundering programs may prove to be burdensome and unnecessary given the existing ML/TF regulations that already apply to United States financial institutions."
So far, regulations that prevent foreigners from laundering money in the US have indeed proven "burdenseome." The result: record high luxury real estate prices which is now used by foreign oligarchs and money launderers as the modern day "Swiss bank account", and which make this particular sector of US housing accessible only to other foreigners.
If you are still not convinced to use Rothschild, here is one more reason: to avoid a "blacklists" - after all, everyone is anonymous:
Nevada “foreign” trusts may also prove attractive to settlors from politically sensitive countries who are grappling with blacklists and strict CFC regulations as they seek to structure their assets.
And here is where Rothschild comes as close as it possibly could to putting that US-based tax havens are used for tax evasion:
"The use of Nevada “foreign” trusts avoids blacklists and the stigma that can come with placing assets in jurisdictions typically viewed as tax havens, without creating exposure to US income tax on non-US income.
As more countries adopt blacklists, strict CFC regimes and other measures designed to shut-down perceived tax havens, the flexibility and higher degree of certainty afforded by US trusts may become increasingly attractive."\
The question, then, is why does the US not adopt such a regime which makes money laundering impossible for both foreigners and in more limited instances, residents? For now, however, it hasn't and probably won't, despite Obama's heartfelt appeal on Tuesday that "Tax avoidance is a big, global problem."
So for all those who can't wait to use Rothschild for all their "Trust" needs, here is your contact:
The Rothschild Primer:
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The Evil Empire [Would Like To Think It] Has The World In A Death Grip April 9 2016 | From: PaulCraigRoberts / Various In my archives there is a column or two that introduces the reader to John Perkins’ important book, Confessions of an Economic Hit Man. An EHM is an operative who sells the leadership of a developing country on an economic plan or massive development project.
The Hit Man convinces a country’s government that borrowing large sums of money from US financial institutions in order to finance the project will raise the country’s living standards. The borrower is assured that the project will increase Gross Domestic Product and tax revenues and that these increases will allow the loan to be repaid.
However, the plan is designed to over-estimate the benefits so that the indebted country cannot pay the principal and interest. As Perkins’ puts it, the plans are based on “distorted financial analyses, inflated projections, and rigged accounting,” and if the deception doesn’t work, “threats and bribes” are used to close the deal.
The next step in the deception is the appearance of the International Monetary Fund. The IMF tells the indebted country that the IMF will save its credit rating by lending the money with which to repay the country’s creditors. The IMF loan is not a form of aid. It merely replaces the country’s indebtedness to banks with indebtedness to the IMF.
To repay the IMF, the country has to accept an austerity plan and agree to sell national assets to private investors. Austerity means cuts in social pensions, social services, employment and wages, and the budget savings are used to repay the IMF. Privatization means selling oil, mineral and public infrastructure in order to repay the IMF.
The deal usually imposes an agreement to vote with the US in the UN and to accept US military bases.
Occasionally a country’s leader refuses the plan or the austerity and privatization. If bribes don’t work, the US sends in the jackals - assassins who remove the obstacle to the looting process.
Perkins’ book caused a sensation. It showed that the United States’ attitude of helpfulness toward poorer countries was only a pretext for schemes to loot the countries. Perkins’ book sold more than a million copies and stayed on the New York Times bestseller list for 73 weeks.
Perkins shows that despite his revelations, the situation is worse than ever and has spread into the West itself. The populations of Ireland, Greece, Portugal, Spain, Italy, and the United States itself are now being looted by Hit Man activity.
Perkins’ book shows that the US is “exceptional” only in the unbridled violence it applies to others who get in its way. One of the new chapters tells the story of France-Albert Rene, president of Seychelles, who threatened to reveal the illegal and inhumane eviction of the residents of Diego Garcia by Britain and Washington so that the island could be converted into an air base from which Washington could bomb noncompliant countries in the Middle East, Asia, and Africa.
Washington sent in a team of jackels to murder the president of Seychelles, but the assassins were foiled. All but one were captured, tried and sentenced to execution or prison, but a multi-million dollar bribe to Rene freed them. Rene got the message and became compliant.
In the original printing of his book, Perkins tells the stories of how jackals arranged airplane crashes to get rid of Panama’s non-compliant president, Omar Torrijos, and Ecuador’s non-compliant president, Jaime Roldos.
When Rafael Correa became president of Ecuador, he refused to pay some of the illegitimate debts that had been piled on Ecuador, closed the United States’ largest military base in Latin America, forced the renegotiation of exploitative oil contracts, ordered the central bank to use funds deposited in US banks for domestic projects, and consistently opposed Washington’s hegemonic control over Latin America.
Correa had marked himself for overthrow or assassination. However, Washington had just overthrown in a military coup the democratically elected Honduran president, Manuel Zelaya, whose policies favored the people of Honduras over those of foreign interests.
Concerned that two military coups in succession against reformist presidents would be noticed, to get rid of Correa the CIA turned to the Ecuadoran police.
Led by a graduate of Washington’s School of the Americas, the police moved to overthrow Correa but were overpowered by the Ecuadoran military.
However, Correa got the message. He reversed his policies toward American oil companies and announced that he would auction off huge blocks of Eucador’s rain forests to the oil companies.
He closed down, Fundacion Pachamama, an organization with which a reformed Perkins was associated that worked to preserve Ecuador’s rain forests and indigenous populations.
Western banks backed up by the World Bank are even worse looters than the oil and timber companies. Perkins writes:
"Over the past three decades, sixty of the world’s poorest countries have paid $550 billion in principal and interest on loans of $540 billion, yet they still owe a whopping $523 billion on those same loans.
The cost of servicing that debt is more than these countries spend on health or education and is twenty times the amount they receive annually in foreign aid.
In addition, World Bank projects have brought untold suffering to some of the planet’s poorest people.
In the past ten years alone, such projects have forced an estimated 3.4 million people out of their homes; the governments in these countries have beaten, tortured, and killed opponents of World Bank projects.”
Perkins describes how Boeing plundered Washington state taxpayers. Using lobbyists, bribes, and blackmail threats to move production facilities to another state, Boeing succeeded in having the Washington state legislature give the corporation a tax break that diverted $8.7 billion into Boeings’ coffers from health care, education and other social services. The massive subsidies legislated for the benefit of corporations are another form of rent extraction and Hit Man activity.
Perkins has a guilty conscience and still suffers from his role as a Hit Man for the evil empire, which has now turned to the plunder of American citizens. He has done everything he can to make amends, but he reports that the system of exploitation has multiplied many times and is now so commonplace that it no longer has to be hidden. Perkins writes:
"A major change is that this EHM system, today, is also at work in the United States and other economically developed countries. It is everywhere. And there are many more variations on each of these tools. There are hundreds of thousands more EHMs spread around the world.
They have created a truly global empire. They are working in the open as well as in the shadows. This system has become so widely and deeply entrenched that it is the normal way of doing business and therefore is not alarming to most people.”
People have been so badly plundered by jobs offshoring and indebtedness that consumer demand cannot support profits. Consequently, capitalism has turned to exploiting the West itself. Faced with rising resistance, the EHM system has armed itself with:
"The PATRIOT Act, the militarization of police forces, a vast array of new surveillance technologies, the infiltration and sabotage of the Occupy movement, and the dramatic expansion of privatized prisons.”
The democratic process has been subverted by the Supreme Court’s Citizens United ruling and other court decisions, by corporate-funded political action committees, and by organizations such as the American Legislative Exchange Council financed by the One Percent.
Cadres of lawyers, lobbyists, and strategists are hired to legalize corruption, and presstitutes work overtime to convince gullible Americans that elections are real and represent the workings of democracy.
The airport has been privatized, and the main highways have been privatized in a 40-year lease owned by a consortium formed by a Goldman Sachs infrastructure investment fund. Puerto Ricans now pay private corporations for the use of infrastructure that tax dollars built. Recently Puerto Rico’s sales tax was raised 64% to 11.5%. A sales tax increase is equivalent to a rise in inflation and results in a decline in real incomes.
Today the only difference between capitalism and gangsterism is that capitalism has succeeded in legalizing its gangsterism and, thus, can strike a harder bargain than can the Mafia.
Perkins shows that the evil empire has the world in the grip of a “death economy.” He concludes that “we need a revolution” in order “to bury the death economy and birth the life economy.” Don’t look to politicians, neoliberal economists, and presstitutes for any help.
Assange on 'US Empire', Assad Government Overthrow Plans & New Book 'The WikiLeaks Files'
The Very Nasty Truth About The Panama Papers? April 6 2016 | From: ZeroHedge This is a curly one. This topic is incredibly devisive and so this informaiton is offered only for your consideration. The truth will out eventually. Given to the Mossad... to seed, fabricate and censor... just like Wikileaks?
Last week when VT published information gotten during the interrogation of a Turkish intelligence agent, Sawash Yeldiz, captured by Popular Party of Kurdistan (PPK) militia inside Syria, information tying Turkish President Erdogan to the Brussels terror attacks, we saw how real leaks are dealt with.
The conduit for this information, European Department for Security and Information (DESI) Secretary General Haissam Bou Said, was threatened by Israeli security agents who may have had a part in the Brussels attacks and, moreover, DESI, an EU organization was threatened with sanctions for the leak. This is real investigative journalism…
"The Panama Papers are a scam". This is one claim, another is that this is that: "They are clearing house. The people on the top are cleaning out the bottom and raising a lot of hell while at it."
These 'leaks" always seem to target the US Dtate Department's foreign policy enemies. Any prominent Americans noted? No.
Real documents turned over to a Mossad run organization that now has dirt on even more people and more power to make a very nasty world an even darker and nastier place. This is what Wikileaks was and is, as exposed by VT and Zbigniew Brzezinski in December 2010.
The filth of the world will be protected and the innocent, should such things exist, can be targeted in the name of “investigative journalism” as teams seed phony material in and launder out damage to the politicians, names like Netanyahu and Bush, Cheney and Guiliani, Hollande and Blair, Kasich and Snyder, Gingrich and Romney, especially Romney.
The Panama Papers are a leak to a German newspaper of tens of thousands of corporate records from a law firm in Panama that ran much of the world’s money laundering.
When a German newspaper received this dump over a year ago, they turned, unknowingly, to an organization actually run by intelligence agencies, in fact those with the most to risk from the leak itself, the International Consortium of Investigative Journalists.
The entire time this trove has been available it should have been in the hands of forensic accountants working for an agency or authority that none of us can name as such an agency simply doesn’t exist. There is no international authority without an agenda to serve drug cartels and money launderers.
“As observed earlier, the Panama Papers looked more like a poor propaganda retaliation against Putin and Assad than anything else, for the successful interruption to the Greater Israel plan of the Rothschilds."
For the last year, lists of owners of thousands of phony corporations used to launder money, have been reviewed by dozens of “journalists.” The result thus far has been to mention soccer officials, attack Russian president Putin and to smear the reputation of a well known worthless chiseler, Ian Cameron, father of slimeball David Cameron, long a blackmail victim tied to the News of the World “phone hacking scandal.
I am not going to begin to repeat what was found out about David Cameron, but “sick” is an understatement. From Craig Murray:
“But why focus on Russia? Russian wealth is only a tiny minority of the money hidden away with the aid of Mossack Fonseca. In fact, it soon becomes obvious that the selective reporting is going to stink.
The Suddeutsche Zeitung, which received the leak, gives a detailed explanation of the methodology the corporate media used to search the files. The main search they have done is for names associated with breaking UN sanctions regimes. The Guardian reports this too and helpfully lists those countries as Zimbabwe, North Korea, Russia and Syria.
The filtering of this Mossack Fonseca information by the corporate media follows a direct western governmental agenda. There is no mention at all of use of Mossack Fonseca by massive western corporations or western billionaires – the main customers. And the Guardian is quick to reassure that “much of the leaked material will remain private.”
What do you expect? The leak is being managed by the grandly but laughably named “International Consortium of Investigative Journalists”, which is funded and organised entirely by the USA’s Center for Public Integrity.
Among many others. Do not expect a genuine expose of western capitalism. The dirty secrets of western corporations will remain unpublished.
Expect hits at Russia, Iran and Syria and some tiny “balancing” western country like Iceland. A superannuated UK peer or two will be sacrificed – someone already with dementia.”
Like Britain’s pedophile scandals, this one will lead the same way, the very old or targeted folks who got “out of line” will be thrown to the wolves. The Mossad loves this dump, it gives them dirt on thousands of political leaders around the world they can now control even better.
As a real investigative journalist, with real sources in government, with first person sources watching drugs being smuggled out of Afghanistan, biological and chemical weapons out of Georgia or who has, with the team at VT, broken more stories in the past decade than all other publications combined, I know something about these things.
I also worked in banking as senior officer of an offshore banking operation and as a UN representative working with currency and “development” issues. I saw it all first hand and know the mechanics very well. I could teach this and probably should.
We know who the biggest players are in the Panama Papers. The real list doesn’t start with David Cameron’s dad or a FIFA (soccer) official. Bain Capital and Mitt Romney, followed by the Walton family of Walmart fame, the Canadian Bronfmans, Sheldon Adelson and, perhaps most newsworthy of all, several thousand corporations that tie the world’s drug cartels to American political leaders, including members of congress, state governors, city mayors, members of the US Supreme Court and a handful of former presidents. Craig Murray goes further in his analysis:
“The corporate media – the Guardian and BBC in the UK – have exclusive access to the database which you and I cannot see.
They are protecting themselves from even seeing western corporations’ sensitive information by only looking at those documents which are brought up by specific searches such as UN sanctions busters. Never forget the Guardian smashed its copies of the Snowden files on the instruction of MI6.
What if they did Mossack Fonseca database searches on the owners of all the corporate media and their companies, and all the editors and senior corporate media journalists? What if they did Mossack Fonseca searches on all the most senior people at the BBC? What if they did Mossack Fonseca searches on every donor to the Center for Public Integrity and their companies?
What if they did Mossack Fonseca searches on every listed company in the western stock exchanges, and on every western millionaire they could trace?
That would be much more interesting. I know Russia and China are corrupt, you don’t have to tell me that. What if you look at things that we might, here in the west, be able to rise up and do something about?
And what if you corporate lapdogs let the people see the actual data?”
Back in 2012, two months prior to the presidential election, a former senior FBI official, actively employed by the FBI, came to us. He had a story to tell. He said that Mitt Romney, working with a series of financial organizations in the US including banks owned by the Walton family, maintained accounts overseas for hundreds of American political leaders.
The story of these accounts, not whose name was on them, but confirming they existed, hit the newspapers only a few short days before, citing Romney as having thousands of secret bank accounts in the Cayman Islands.
We were told of how Romney and Carlos Salinas, former president of Mexico, met at Harvard Business School, and together built an empire out of the drug cartels that, through buying 5 US Supreme Court Justices who passed “Citizens United,” legalized drug cartel bribery, done through corporations set up by a law firm in Panama with offices around the world.
The FBI had audio and video tapes of Romney with Maria Perez, his mistress in Cuba, daughter of former KGB chief Yuri Andropov and his Cuban mistress. The tapes told of drug running and money laundering and more, so much more.
The source of the tapes was Mexican intelligence that had been after Salinas for years and had worked with our FBI source who had been the liaison between the US and Mexico on drug investigations through the 1990s. Of course we have all of these interviews recorded, some of them on YouTube.
The Pentagon missing trillions investigation died with the entire DC Able Danger team called in for an emergency meeting that day
The biggest single set of interlocking corporations that should have been exposed are tied to the nearly 3 trillion dollars missing from the US Department of Defense, money “disappeared” when the investigative records were mysteriously the victim of an aircraft accident on 9/11/2001 at the Pentagon, one of the most defended buildings on earth.
Not only were all the records destroyed but the 35 investigators were killed as well, having been asked to gather for a meeting with a White House official who never showed up. But that’s another story.
Snowden seems on board?
What we are saying is this, when former crimes were erased there was a reason. Bigger crimes were planned. Nearly every defense and intelligence contractor, from “Google Idea Groups” to the Blackwater network and hundreds more, were all tied to interlocking Panamanian corporations with ownership by members of congress, key Federal judges, and all of this run through a legal advocacy group known as the Federalist Society.
The Panama Papers could eventually expose certainly who is really behind 9/11. In 2014, we were given documents out of Russia that included a preliminary report on 9/11 by the US Department of Energy, outlining that event as “nuclear” and not as the result of terrorism, not as it is typically defined. The term “false flag terrorism” would apply, however.
Wikileaks Reveals International Monetary Fund Plan To "Cause A Credit Event In Greece And Destabilize Europe" April 5 2016 | From: ZeroHedge One of the recurring concerns involving Europe's seemingly perpetual economic, financial and social crises, is that these have been largely predetermined, "scripted" and deliberate acts.
This is something the former head of the Bank of England admitted one month ago when Mervyn King said that Europe's economic depression "is the result of "deliberate" policy choices made by EU elites.
It is also what AIG Banque strategist Bernard Connolly said back in 2008 when laying out "What Europe Wants"
To use global issues as excuses to extend its power:
Environmental issues: increase control over member countries; advance idea of global governance
Terrorism: use excuse for greater control over police and judicial issues; increase extent of surveillance
Global financial crisis: kill two birds (free market; Anglo-Saxon economies) with one stone (Europe-wide regulator; attempts at global financial governance)
EMU: create a crisis to force introduction of “European economic government”
This morning we got another confirmation of how supernational organizations "plan" European crises in advance to further their goals, when Wikileaks published the transcript of a teleconference that took place on March 19, 2016 between the top two IMF officials in charge of managing the Greek debt crisis - Poul Thomsen, the head of the IMF's European Department, and Delia Velkouleskou, the IMF Mission Chief for Greece.
In the transcript, the IMF staffers are caught on tape planning to tell Germany the organization would abandon the troika if the IMF and the commission fail to reach an agreement on Greek debt relief.
More to the point, the IMF officials say that a threat of an imminent financial catastrophe as the Guardian puts it, is needed to force other players into accepting its measures such as cutting Greek pensions and working conditions, or as Bloomberg puts it, "considering a plan to cause a credit event in Greece and destabilize Europe."
According to the leaked conversation, the IMF - which has been pushing for a debt haircut for Greece ever since last August's 3rd Greek bailout - believes a credit event as only thing that could trigger a Greek deal; the "event" is hinted as taking place some time around the June 23 Brexit referendum.
As noted by Bloomberg, the leak shows officials linking Greek issue with U.K. referendum risking general political destabilization in Europe.
The leaked transcript reveals how the IMF plans to use Greece as a pawn in its ongoing negotiation with Germany's chancelleor in order to achieve the desired Greek debt reduction which Germany has been pointedly against: in the leak we learn about the intention of IMF to threaten German Chancellor Angela Merkel to force her to accept the IMF's demands at a critical point.
From the transcript:
THOMSEN: Well, I don't know. But this is... I think about it differently. What is going to bring it all to a decision point? In the past there has been only one time when the decision has been made and then that was when they were about to run out of money seriously and to default. Right?
VELKOULESKOU: Right!
THOMSEN: And possibly this is what is going to happen again. In that case, it drags on until July, and clearly the Europeans are not going to have any discussions for a month before the Brexits and so, at some stage they will want to take a break and then they want to start again after the European referendum.
VELKOULESKOU: That's right.
THOMSEN: That is one possibility. Another possibility is one that I thought would have happened already and I am surprised that it has not happened, is that, because of the refugee situation, they take a decision... that they want to come to a conclusion. Ok?
And the Germans raise the issue of the management... and basically we at that time say "Look, you Mrs. Merkel you face a question, you have to think about what is more costly: to go ahead without the IMF, would the Bundestag say 'The IMF is not on board'? or to pick the debt relief that we think that Greece needs in order to keep us on board?" Right? That is really the issue.
* * *
VELKOULESKOU: I agree that we need an event, but I don't know what that will be. But I think Dijsselbloem is trying not to generate an event, but to jump start this discussion somehow on debt, that essentially is about us being on board or not at the end of the day.
THOMSEN: Yeah, but you know, that discussion of the measures and the discussion of the debt can go on forever, until some high up.. until they hit the July payment or until the leaders decide that we need to come to an agreement. But there is nothing in there that otherwise is going to force a compromise. Right? It is going to go on forever.
The IMF is also shown as continuing to pull the strings of the Greek government which has so far refused to compromise on any major reforms, as has been the case since the first bailout.
As the Guardian notes, Greek finance minister Euclid Tsakalotos has accused the IMF of imposing draconian measures, including on pension reform. The transcript quotes Velculescu as saying: “What is interesting though is that [Greece] did give in … they did give a little bit on both the income tax reform and on the … both on the tax credit and the supplementary pensions”.
Thomsen’s view was that the Greeks “are not even getting close [to coming] around to accept our views”. Velculescu argued that “if [the Greek government] get pressured enough, they would … But they don’t have any incentive and they know that the commission is willing to compromise, so that is the problem.”
The International Monetary Fund has been caught, red handed, plotting to stage a “credit event” that forces Greece to the edge of bankruptcy, using the pretext of the Brexit referendum.
No, this is not the plot of the next Bond movie. It is the transcript of a teleconference between the IMF’s chief negotiator, Poul Thomsen and Delia Velculescu, head of the IMF mission to Greece.
Released by Wikileaks, the discussion took place in Athens just before the IMF walked out of talks aimed at giving Greece the green light for the next stage of its bailout.
The situation is: the IMF does not believe the numbers being used by both Greece and Europe to do the next stage of the deal. It does not want to take part in the bailout. Meanwhile the EU cannot do the deal without the IMF because the German parliament won’t allow it.
* * *
Let me decode. An “event” is a financial crisis bringing Greece close to default. Just like last year, when the banks closed, millions of people faced economic and psychological catastrophe.
Only this time, the IMF wants to inflict that catastrophe on a nation holding tens of thousands of refugees and tasked with one of the most complex and legally dubious international border policing missions in modern history.
The Greek government is furious: “we are not going to let the IMF play with fire,” a source told me.
But the issue is out of Greek hands. In the end, as Thomsen hints in the transcript, only the European Commission and above all the German government can decide to honour the terms of the deal it did to bail Greece out last July.
The transcript, though received with fury and incredulity in Greece, will drop like a bombshell into the Commission and the ECB. It is they who are holding E300bn+ of Greek debt. It is the whole of Europe, in other words, that the IMF is conspiring to hit with the shock doctrine.
The Greeks are understandably angry and confused; As Bloomberg reported earlier, "Greece wants to know whether WikiLeaks report regarding IMF anticipating a Greek default at about the time of the U.K. June 23 referendum on its EU membership is the fund’s official position" government spokeswoman Olga Gerovasili says Saturday in e-mailed statement.
For its part, an IMF spokesman in e-mail Saturday said it doesn’t "comment on leaks or supposed reports of internal discussions."
Two side observations:
1. has a "Snowden" leaker now emerged at the IMF; if so we can expect many more such bombshell accounts in the coming weeks; or perhaps the reason for the leak is less nuanced: a bugged hotel.
Credit Suisse On The Brink Of The Abyss April 5 2016 | From: GlobalResearch Traders Run Amok. Lack of Control, Further Losses, $90 Billion of Distressed Debt.
Credit Suisse’s ability to survive in its present form is threatened by the latest revelations of past mismanagement and dysfunctional trading.
Credit Suisse Group is a Switzerland-based multinational financial services holding company, headquartered in Zürich, that operates the Credit Suisse Bank and other financial services investments. The company is organized as a stock corporation with four divisions: Investment Banking, Private Banking, Asset Management, and a Shared Services Group that provides marketing and support to the other three divisions.
Credit Suisse was founded by Alfred Escher in 1856 under the name Schweizerische Kreditanstalt (SKA, English: Swiss Credit Institution) in order to fund the development of Switzerland's rail system. It issued loans that helped create Switzerland's electrical grid and the European rail system.
It also helped develop the country's currency system and funded entrepreneurship. In the 1900s Credit Suisse began shifting to retail banking in response to the elevation of the middle-class and the growing popularity of savings accounts. Credit Suisse partnered with First Boston in 1978.
After a large failed loan put First Boston under financial stress, Credit Suisse bought a controlling share of the bank in 1988. In the 1990s, Credit Suisse acquired the Winterthur Group, Swiss Volksbank, Swiss American Securities Inc. (SASI) and Bank Leu among others. In the year 2000, it added the U.S. investment firm Donaldson, Lufkin & Jenrette.
The company restructured itself in 2002, 2004 and 2006. It was one of the least affected banks during the global financial crisis, but afterwards began shrinking its investment business, executing layoffs and cutting costs.
During the period between 2008 and 2012, Germany, Brazil, and the United States began a series of investigations into the use of Credit Suisse accounts for tax evasion. In May 2014, the company pleaded guilty to decades of conspiring to help US citizens "hide their wealth" in order to avoid taxes, and agreed to pay $2.6 billion in fines.
Follow this Blog which will carry the latest updates as the drama unfolds.
CS CEO Tidjane Thiam admitted in a video interview that the bank had followed a Pursuit of Revenue “At All Costs” policy which had facilitated traders secretly holding high risk illiquid positions. Losses may eventually run into billions of dollars. Updates hereand here point to fractured internal communications.
The drama is unfolding of a massive amount of illiquid debt scrip. (Illiquid scrip or illiquidity refers to investments for which there is no market, i.e. no buyers. Forced sales can result in massive price drops.) Credit Suisse wants to unload $90 billion of thinly traded debt scrip in unfavourable conditions.
CS’s weak position is an ironic reversal for a bank which often strove to exploit weaker counterparties. Thousands of those exploited by the bank’s greed will regard it as due comeuppance. Lisa Abramowicz’s video report on Credit Suisse’s woes highlights poor risk management by senior officers.
The bank’s capital ratio was already down to 11.4% – after the $6 billion capital raising. Those investors lost badly in the massive drop in CS’s share price. The bank can hardly expect further capital from that source.
The bank currently carries $380 billion of leverage. A loss of 10% on the $90 billion it is attempting to divest in the current difficult market would cost $9 billion and drive the bank close to junk territory.
A loss of 5% on its $380 billion of leverage would take $19 billion off its balance sheet and could have it looking for a bailout.
There is no buffer from credible uncertainties. The deflation cycle looks set in for a while and resource prices are heading down (again). China’s stock market is teetering (again) and The Street is confident a Chinese crash is imminent. ISIS want to explode a dirty nuclear bomb and some respected experts are only surprised it hasn’t already happened. Central banks are playing a dangerous game which has the probable outcome that deflation will morph into stagflation – for which there is no known remedy.
Any significant combination of these would turn Credit Suisse into junk or worse. Thiam now expects further Q1 losses following the bank’s massive Q4 loss of $5.75 billion.
CS’s Crazy Creation – It is Taking Out Catastrophe Insurance
Matt Levine has unpackaged the complexities of CS’s drama. Here is a quick paraphrase: CS intends to sell its risk of a catastrophe so that it doesn’t need extra capital to cover it. It includes risk of big losses from illiquid investments and rogue-trading. But it is more complex resembling a Möbius strip or a Klein bottle:
"Credit Suisse packaged that risk into securities, gave some of the securities to its own bankers as part of their bonuses (surprise!), hedged the rest of them by buying yet another derivative from yet another counterparty, and then agreed to fund any amounts that the counterparty owed under the derivative.”
The upshot of this is that the bank’s official 11.4% capital adequacy may be an over-estimate. Perhaps the bank is already on the brink of a Liquidity Death Spiral. Note that about 40 percent of the bonds in the $1.4 trillion U.S. junk-debt market didn’t trade at all in the first two months of this year, and those that did were “absolutely crushed”. An estimated loss of only 10% on the $90 billion fire sale may be over-optimistic.
Credit Suisse said it suffered a 1.5 billion Swiss franc outflow of client funds. The bank has set aside 250 million Swiss francs in provisions for litigation related to the banker’s case, a person familiar with the matter said.
Bank Ignored Warnings for Years
We repeatedly warned the bank of a similar situation in Credit Suisse – but they refused to accept our reports and covered up the illegal activity instead.
An account manager who had no relevant experience, but was chosen because he could speak the right language.
In our case, his banking ignorance was convenient because there was a huge securities scam going on between various bank people and entities in organized crime (outside the bank).
The Swiss accomplice had an arrest warrant out for him for wire fraud and money laundering. However, the Swiss ignored the US arrest warrant.
He joined Credit Suisse at age 40 with no prior banking experience, and almost immediately got some big clients, including Georgian politician-tycoon Bidzina Ivanishvili.
"Around April-May, I told myself that all my clients had to make profits so they would stop annoying me with their criticism about lack of performance,” he told bank investigators.
Can you imagine? Mr. X is new to banking, he’s good at client relationships, he picks up some big clients, he has fun going out to dinner with them or whatever.
“Within weeks, he said, he was actively trading without permission, using Ivanishvili’s credit line to buy about $100 million in Russian stocks and bonds.” And: “With markets around the world surging, he had soon more than made up the missed gains, he said.”
But: a trade lost money, there were margin calls to clients who weren’t aware they were trading on margin, and the whole thing unraveled. He told investigators he could have prevented the margin calls with more unauthorized trading. But he was trying to enjoy the last day of his Italian vacation, he said. “I had had enough of this situation that had upset me so much.”
Was It Pursuit of Revenue or Illegal Profit – “At All Costs”?
It is apparent that the bank’s criminal convictions, its fractured internal communications and its bloated distressed debt were intimately intertwined. The burning question is:
Were they all caused by policies designed to protect corporate crime – through ingrained deliberate ignorance and wilful blindness?
The bank suffered $258 million of writedowns this year through March 11, and $495 million of losses in the fourth quarter, because of its holdings of distressed debt, leveraged loans and securitized products.
As any trader knows, when a big player like Credit Suisse exits, it’s a shock for everyone involved. That’s even more true when the market is highly illiquid.
How is the bank going to reduce leverage in its global markets unit to $290 billion from $380 billion by the end of 2016?
Fitch hasn’t changed the banks ratings yet but warned that the bank’s “Accelerated Restructuring Adds to Execution Risks”. It made a detailed release outlining possible consequences of the current upheavals which may lead to ratings adjustments.
Considering that the bank ignored repeated warnings of rogue activity, is it naive to suggest that the bank should read its mail?
Dutch Investigators Raid Shell Headquarters In Multinational Corruption Probe April 4 2016 | From: HumansAreFree The Royal Dutch Shell has been drawn into a multinational corruption probe related to the 2011 Nigerian oil deal, British media reported Wednesday.
British and Italian authorities placed Shell and Italy’s Eni under investigation for the $1.1 billion joint purchase of the oil block in mid-2014.
"Representatives of the Dutch Financial Intelligence and Investigation Service and the Dutch public prosecutor recently visited Shell at its headquarters.
The visit was related to OPL 245, an offshore block in Nigeria that was the subject of a series of longstanding disputes with the federal government of Nigeria," Shell said in a statement quoted by The Financial Times daily.
The company confirmed earlier reports of being under investigation by prosecutors in Milan relating to the same purchase, noting that it is cooperating with officials in both countries.
Most of the $1.1 billion is believed to have gone to the Nigerian government’s bank account in London. Prosecutors, however, are investigating whether the ultimate beneficiary was a fake company allegedly set up by Nigeria’s former Petroleum Minister Dan Etete.
The Wall Street Journal cites Italian court documents as saying Italian prosecutors are investigating whether Shell and Eni had been aware of the money’s final destination. The OPL245 is estimated to contain 9 billion barrels of oil.
Green Climate Fund: Where Big Banks Profit Again from Crisis They Helped Create April 1 2016 | From: CommonDreams Letting big financial institutions manage climate adaptation funds 'would pose serious reputational and moral risk' to global body
"There is no profit to be made in building the resilience of those adversely impacted by climate change," says Sam Ogallah of the Pan African Climate Justice Alliance.
As the Green Climate Fund (GCF), the financial mechanism for the UN climate agency, meets this week in South Korea, more than 170 civil society groups are calling on the international body to reject bids from big banks HSBC and Crédit Agricole to receive and manage funds to help poorer nations tackle climate change.
Comment: This is poetry. A farce within a farce. Zombie banks, completely unnecessary fossil fuels and fraudulent man-made climate change (minus the chemtrails) all mixed up into a NWO clusterf*ck.
Given their role in financing climate pollution and their poor records on human and environmental rights, approving the financial giants' applications would run counter to the Fund's goals, the groups say.
"Creating new business for big banks with large fossil fuel portfolios and poor records on human rights and financial scandal would undermine the very purpose of the Fund,"said Karen Orenstein of Friends of the Earth U.S. on Monday.
"There is no profit to be made in building the resilience of those adversely impacted by climate change," added Sam Ogallah of the Pan African Climate Justice Alliance.
"Public funds must be used to support local communities in developing countries, not to subsidize big banks."
What's more, "accrediting HSBC and Crédit Agricole would be inconsistent with...the Paris Agreement," said Annaka Peterson of Oxfam, referring to the deal hammered out at the COP21 climate talks.
"Any private sector partner of the GCF must have a credible strategy in place to make its entire portfolio and operations consistent with keeping global temperature rise to no more than 2 °C, let alone well below 1.5 °C."
Friends of the Earth, Pan African Climate Justice Alliance, and Oxfam are just three of 172 NGOs that released a statement (pdf) earlier this month arguing that offering accreditation to HSBC and Crédit Agricole:
"Would pose serious reputational and moral risk to the GCF" due to the banks' historic conduct.
Including:
Well-documented involvement in recent money laundering or other fiduciary mismanagement scandals;
Large exposure to the coal industry and other climate polluting sectors; and
Poor-quality policies and weak compliance arrangements meant to manage the social, gender, and environmental impacts of their lending, and consequent harm on-the-ground.
For example, a report from BankTrack has shown that HSBC and Crédit Agricole provided $7 billion and $9.5 billion, respectively, to the coal industry between 2009 and 2014, "and their coal financing does not show a clear downward trend," notes BankTrack's Yann Louvel.
The Fund's board meeting runs Tuesday through Thursday in Songdo, South Korea. GCF executive director Héla Cheikhrouhou told the Thomson Reuters Foundation last week that she will ask for an increase of between 80 and 120 new staff in order to meet its targets. She also said it was too early to say whether the Fund could meet the board's goal to allocate $2.5 billion in 2016.
This isn't the first time the Fund has engendered criticism from climate justice groups or frontline communities, who say developed nations, despite their role in driving global warming, have been slow to pony up the necessary - and just - financing.
Last year, environmental and social justice organizations expressed outrage when the Fund accredited Deutsche Bank, one of the world’s largest financiers of coal, to receive and distribute climate adaptation and mitigation funds.
"We want the Green Climate Fund to succeed," groups wrote at the time. "But for it to do so, it needs to change direction away from accrediting controversial big banks that are heavily invested in fossil fuels and thus actually exacerbating climate change. If the [Green Climate Fund] continues in such a direction, this would reinforce our fears that in the near future we may have to protest an institution we have thus far been supportive of and integral to creating."
The Amerikan Way – A Study in Psychopathy March 29 2016 | From: ZenGardner Just look at everything Amerika stands for as a whole. Corruption, greed, violence, military aggression, social degradation, scientific insanity and on and on. It’s footprint on the world is nothing but horrific if you view it in the overall context.
Sure there are good people living there and those unwittingly caught up in the mass hysteria, but they’re participating nonetheless. That accountability won’t go away. Unless they stand up to it and fully withdraw their consent and work to reverse the madness they’re clearly part of the problem.
That’s not an easy spot to be in when the very fabric of the sociopolitical and economic support structure is an every day fact of psychopathic driven existence. It breeds acquiescence, apathy and hence continued participation. A pathetic state of affairs.
Looking honestly at this collective insanity is imperative if we’re to draw any kind of enlightening and empowering perspective.
Breaking Down the Nature of the Psychopathic Beast
Scientists researching the common characteristics of psychopathy now use a list of predominant qualities displayed by psychopaths that they’ve meticulously studied. The characteristics are quite telling and perhaps disturbing, as many can recognize these attributes in people around them.
While they estimate only 2 to 4% of the population are psychopaths, Amerika ranking with a high percentile of those they have identified, they clearly understand that these types of non-empathic dehumanizing freaks gravitate towards positions of power.
See how these attributes ingrained in such ideas as manifest destiny and American supremacism match up to the collective American way of life and its effect on the world of today, following the brief introduction:
The Hare Psychopathy Checklist - Revised (PCL-R) is a diagnostic tool used to rate a person’s psychopathic or antisocial tendencies. People who are psychopathic prey ruthlessly on others using charm, deceit, violence or other methods that allow them to get with they want.
The symptoms of psychopathy include: lack of a conscience or sense of guilt, lack of empathy, egocentricity, pathological lying, repeated violations of social norms, disregard for the law, shallow emotions, and a history of victimizing others.
Originally designed to assess people accused or convicted of crimes, the PCL-R consists of a 20-item symptom rating scale that allows qualified examiners to compare a subject’s degree of psychopathy with that of a prototypical psychopath. It is accepted by many in the field as the best method for determining the presence and extent of psychopathy in a person.
The twenty traits assessed by the PCL-R score are:
I’ll let your own imagination extrapolate each of those qualities rather than break it down as I see it. It’s overall quite stunning that a collective entity could be so blatantly psychopathic and to such a degree.
It’s something to be faced head on.
But really it’s nothing new. This is the definition of the behavior of empires and oligarchies throughout history. Humanity beats and flails its arms over and over when these qualities are recognized on so many humanity exploiting, oppressing and destroying levels but it’s generally been to no avail, according to written records and the whirled we’re witnessing before us.We protest and rant to whatever degree but the show goes on.
So what to do?
The Solution – Awakening
Only a mass awakening can shake the foundations of this kind of destructive insanity. These power structures are built on the fearful allegiance to those who make it possible. When we withdraw our support and participation in these types of foisted machinations they cannot continue.
That may sound vague or simplistic to some but it’s extremely practical at the most basic level. If you’re employed in something supporting this paradigm, leave it.
If you’re giving attention and therefore energy to their charade, including the political, media and entertainment sideshow, stop it. If you’re still socializing on shallow levels of energy, or contributing to the fear and scarcity models by your sycophantic hand wringing and repeating of their fear programming, snap out of it.
Have some guts. Take a stand for truth and love while you still can. Don’t wait for affirmation and some comforting collective movement. Be your own being. Leave your participation in what is obviously wrong and lend your energy to what you know is right.
It couldn’t be simpler. If you’re waiting for the right conditions you’re still firmly in their psychopathic pocket.
Get out now. The hour is late. More on Psychopathy in a terrific film here.
And this exclamation mark! – hat tip Dane Wigington:
The Power Elite’s Plans For You March 26 2016 | From: KiwiWatch
Jim Rickards has had the privilege of rubbing shoulders with the elite of financial circles and has been involved in the highest of discussions about economic issues from the Rothschilds & Rockefeller’s down. Now he has shared his views on the agendas the elites have for you and me.
Forget Trump and if you can, forget Clinton although she is simply evil and should already be in prison so I find it hard to put her out of mind. It doesn’t matter who sits in the Oval office at the White House after US elections.
Look how feeble Obama has turned out to be, apart from the Nobel Peace Prize winner being one of the most murderous Presidents of recent years delivering the agenda of the power elites. The people who pull the strings and run the world by in large are not politicians but are almost faceless behind the scenes or in powerful self-appointed positions the President has little say over.
Currently the world watches in amazement the farce that is the American primary elections to select delegates to the national party conferences prior to the end of year Presidential elections. One by one the hopeful candidates are dropping out but this whole parade is nothing more than a disgrace, played out in front of a disbelieving world.
If I was an American I would be embarrassed at this satirical joke consuming the American public (and us) on a daily basis. It has little to do with how the ‘free world’ exercises ‘democracy’.
Regrettably once you dig down a little you find supposedly intelligent people locked in a polarisation that will never deliver to them the hopes and aspirations they hope for similar to the hopes and dreams of those who voted around the time of John F Kennedy.
JFK spoke and lectured about the real meaning of peace and freedom, what it means for every individual and countries; negotiated his way out of a potential nuclear calamity during the ‘Cuba crisis’; and new all to well about the subversive forces that he wanted to confront as that which was likely to erode peace and freedom for individuals.
He wanted to see them broken into ‘a thousand pieces’ so as liberty and freedom is maintained.
That was too much for the elites. President Harry Truman had spoken about this too in his valedictory speech; the corporations, the military industrial complex, the surveillance state, the moneyed elite and that was gathering greater and greater strength in the US.
As we know they took care of JFK; yes I say they shot their own President, blamed a punk called Lee Oswald but more than that they also took out Robert F Kennedy who JFK ordained to complete the task of breaking up the CIA before he became a Presidential threat to them.
Getting shot from behind eliminates the guy they blamed (Sirhan-Sirhan) from being the culprit as he was in front of RFK when he was murdered. But that is history...
So what does Rickards talk about today?
The exceedingly rich don’t necessarily become an elite although being exceedingly rich eliminates one barrier to becoming a Power Elite. Rickards in his March 2016 newsletter discusses the Power Elite’s plan for you and me indeed the entire world.
He says “the agenda of the global power elite is world money, world taxation, world government, a cashless society. The primary long term goal of the power elite is world money.”
He believes that world money will be issued by the shadowy organisation called the International Monetary Fund (IMF) that is supposedly the central bankers central bank. It will set benchmarks for oil prices and other essential goods and services in world trade.
Unelected officials will control money as a means to control societies and social welfare he argues. This will be done he says through Special Drawing Rights (SDR’s) that will be issued not to individuals but to governments.
Close behind world money is world taxation.
"Continual sources of revenue are needed by global elites to enrich themselves and pursue programs to perpetrate their control. The primary path to achieve this is climate change. This explains why the IMF, World Bank, BIS and other ‘financial bodies’ continually speak about climate change.
In order to to impose global solutions (such as taxation) you need global problems (climate Change). Since climate change know no borders it is the perfect vehicle to impose solutions that know no borders.”
"Administration of world money and world taxation will be conducted by world government. Most of this architecture is already in place. The United Nations is mostly a debating club except for the climate change agenda.
The real world government is being conducted through the IMF and G-20 leaders summit.” The G-20 is a de facto ‘board of directors’ for world government. The IMF is a de facto central bank for the world.
“The power elite is also implementing the cashless society. This is needed to in order to impose hidden taxation in the form of negative interest rates. Cash is one way to avoid negative interest rates. With cash at least you preserve the principal but with negative interest rates on bank accounts you don’t.”
It’s like rounding up cows in slaughterhouse pens before killing them! Negative interest rates is a way to confiscate wealth from savers. (Note: it makes a mockery of saving for your retirement).
Club Etiquette and Rules:
He says that although the power elite is not a conspiracy is does function as a club and there are house rules. Violation of the rules results in expulsion from the club. (Where does Trump sit here?)
Rule 1. Elites help elites. A closer example is how CEO’s name other CEO’s to their board of directors
Rule2. Elites never criticise other elites. In this context ‘criticism’ means exposure of the real motives and methods behind the elite game. Election politicking disagreements are allowed but what is not allowed is discussion of the fact that left and right wing elites are in the same club and elections are basically a show to appease citizens.
Rule 3. Silence is rewarded. Elites have access to enormous amounts of ‘inside information’ about policy, plans and back room dynamics. Going onto TV or radio and spilling the beans in some interview or book must be avoided.
Rule 4. Patience pays. Not criticizing your ideological opponents and keeping your mouth shut for decades while difficult has its rewards. Top jobs go to elites, loyalty is recognised.
Who are some of the Power Elite players? A by no means complete list starts with:
Robert Rubin formerly CEO of Goldman Sachs, US Secretary of the Treasury. Look him up he is on the Council of Foreign Relations too
Christine Legarde manging director of the IMF
James A. Johnson, former CEO of Fannie Mae, including director of Goldman Sachs and also on the Council for Foreign Relations
James Wolfensohn former president of the World bank and also on the Council for Foreign Relations
A continuing theme with all of the people Rickards mentions is the Council for Foreign Relations and New America Foundation.
It would pay to look these secretive organisations up. Interesting.. neocon populated and very pro Israel!
The End Of Anglo-American Hegemony March 22 2016 | From: HendersonLeftHook
Not long ago, Chocolate Oligarchs and their fascist gendarmes seized Ukraine’s fertile wheat and barley fields, whilst bankster-funded Islamist rebels took Mosul & the adjacent Kirkuk oilfield – one of the world’s largest – for Exxon Mobil.
BRIC nations saw imperial over-reach and, led by Putin, busied themselves preparing for the slow-motion unraveling of the Anglo-American financial empire.
The Rothschild / Rockefeller / banking / energy / arms / drugs oligopoly that has enslaved humankind and decimated planet earth for the last few centuries is coming apart at the seams. The arrogance and stupidity of the self-proclaimed “illuminated ones”, who operate their matrix from the city of London, is being writ large for all to see.
Their Mideast gendarmes Israel & Saudi Arabia now falter.
A while back, troops from Saudi Arabia and the United Arab Emirates (UAE) entered Bahrain to help the al-Khalifa petro-monarchy put down pro-democracy protests. This intervention – condoned by Western powers – represented a last-ditch effort at salvaging the Gulf Cooperation Council (GCC) – the chief neocolonial modus operandi which underwrites the London eurodollar money laundering scheme while propping up both the pound and the dollar.
But heads of monarchs will soon roll. The people of the GCC nations remain restless, particularly in Saudi Arabia and Bahrain. It was no coincidence that the unstable House of Saud financed Syrian rebels, sent them to destabilize Iraq, then launched a ruthless bombing campaign in Yemen.
Things on the Saudi domestic front are a bit dicey for the embattled and divided royals. It is important to know how we got here:
The six GCC nations- Saudi Arabia, Kuwait, Bahrain, UAE, Qatar and Oman- sit atop 42% of the world’s oil.
The single-family monarchies that control them were hand-picked by the British Empire. They work in tandem with Israel to steal crude oil from the Arab people. They, not China or Japan, are the biggest purchasers of US Treasuries. Their interests lie not with their people, but with the City of London and Wall Street.
The bloodline elite of the six GCC nations are heavily invested in Western economies. High volume crude oil production keeps this investment capital flowing to Wall Street and the City of London while allowing the GCC elites to live opulent lifestyles. As Saudi Oil Minister Hisham Nazer put it, “We now have a mutual bond of self-interest and reciprocal security interests.”
As Western dependence on Third World resources has increased, it has become increasingly necessary for the international bankers and their corporations to include local elite cliques in their capital accumulation schemes, making a small group of local people extremely wealthy so that this group will cooperate in selling local resources cheaply to the West.
An example of this utilization of local elites as surrogates can be seen through the case of the richest man in the world. He is Sultan Hassanal Bolkiah- Sultan of Brunei- a tiny oil enclave on the island of Borneo, where Royal Dutch/Shell holds a virtual monopoly over the oil industry and has paid the Sultan well to keep it that way. The Sultan of Brunei is worth over $60 billion and lives in a 1,778-room palace.
These local elite, in turn, hand over their wealth to Western bankers for protection from devaluation and bank failure. This robs their home country of much-needed capital and often precipitates devaluation and debt crises. The US has itself become a debtor nation and owes its debts, in part, to these same Third World elites, who own trillions on deposit at large US banks, while their fellow countrymen live in abject poverty.
Egyptian elites, for example, hold $60 billion in deposits in foreign banks, while the average Egyptian earns $650/year. In the case of the GCC, the amount of recycled petrodollars flowing back into Western investments is truly staggering.
The Saudis have over $600 billion invested abroad. Citigroup owns 33% of the Saudi American Bank but is itself now controlled by members of the House of Saud. In 1993 Saudi Prince al-Waleed bin Talal, owner of Saudi Commercial Bank, plunged $590 million into Citibank.
Bin Talal now owns 17.34% of Citigroup, while Crown Prince Abdullah owns a 5.4% share, making them the bank’s two largest shareholders. Bin Talal is also the 2nd largest shareholder in Rupert Murdoch’s Newscorp, parent of both Fox News and the Wall Street Journal.
The Saudi Citigroup share purchases were facilitated by the Washington-based Carlyle Group, which is 20%-owned by the Mellon family that owned Gulf Oil and now owns a large chunk of Chevron Texaco.
Carlyle is led by former Reagan and Bush Defense Secretary and Reagan NSC Chairman Frank Carlucci. George Bush Sr., James Baker III and former British Prime Minister John Major are senior advisers and board members at Carlyle. Bush Sr. served as Carlyle investment advisor to the bin Laden family until November 2001.
In 1995 Prince bin Talal teamed up with Canadian developer Paul Reichmann, Loews chairman Larry Tisch and Lebanese financier Edmund J. Safra- a close friend of war-criminal Henry Kissinger- to buy London’s Canary Wharf complex for $1.04 billion.
UAE ruling Sheik Zayed runs the Abu Dhabi Investment Authority. Much of its money is handled by private investment and equity firms like Carlyle Group and Donaldson, Lufkin & Jenrette- which is 18% owned by the Saudi Olayan Group. Olayan also owns big chunks of JP Morgan Chase and CS First Boston. The director of the Abu Dhabi Investment Authority serves as Carlyle Group’s Asian adviser.
Bahrain plays a role in this petrodollar recycling, serving as the key unregulated offshore banking center for both the GCC sheiks and their international mega-bank partners. Bahrain is also home to the US Fifth Fleet and a large number of refineries, which process Saudi crude.
Lebanon had been the premier banking center of the Middle East in earlier days, but with Beirut reduced to rubble by Israeli shelling, merchant banking has moved to the duty-free port of Dubai in the UAE, now the biggest gold market on the planet. Investment banking is centered in Kuwait.
But it is Bahrain which is home to the vast multi-billion dollar pool of money market funds derived from GCC/Four Horsemen petrodollar revenues. Most banks in Bahrain are foreign-owned and all US mega-banks have operations there. Many of Bahrain’s banks are owned by GCC elite and serve as a major conduit in the petrodollar recycling process.
The Kuwait Burgan Bank, for example, owns a 28% stake in one of Bahrain’s largest banks- the Middle Eastern Bank.
The most powerful firm in Bahrain is Investcorp, which took big stakes in Saks Fifth Avenue, BAT, Tiffany, Gucci, Color Tile, Carvel Ice Cream, Dellwood Foods, New York Department Store of Puerto Rico, Circle K and Chaumet. Investcorp was co-founded in 1983 by Bahrain ruling family scion Sheik Khalifa bin Sulman al-Khalifa- who also owned a big chunk of the infamous BCCI.
The story of the BCCI was told in the thriller movie 'The International'
A recent Investcorp prospectus lists the Bahrain Minister of Finance as an owner.
Investcorp’s chairman is Abdul-Rahman Al-Ateeqi, former Oil and Finance Minister of Kuwait. Its Vice-President is Ahmed Ali Kanoo of the wealthy Saudi Kanoo family, which is worth an estimated $1.5 billion.
Former Saudi Oil Minister Sheik Yamani was one of Investcorp’s founding shareholders, along with seven members of the Saudi royal family.
Investcorp has its eight-story headquarters in Bahrain, along with a Park Avenue New York office and a Mayfair district office in London.
Sheik al-Khalifa’s partner in launching Investcorp was Nemir Kirdar, the bank’s president who was in charge of Chase Manhattan’s Persian Gulf operations. Numerous Investcorp senior executives are Chase alumni as well.
Many Investcorp purchases turned out to be flops and there is a shady side to the bank.
French jeweler Chaumet executive Charles Lefevre said Investcorp fudged Chaumet numbers to entice shareholders while trying to pawn its shares off at a higher price to other Persian Gulf investors.
Another complaint alleged that Investcorp attempted to loot the Saudi European Bank in Paris.
Investcorp board member Abdullah Taha Bakhsh, a reclusive Saudi billionaire, invested heavily in George W. Bush’s Harken Energy.
So did Bahrain’s ruling Sheik al-Khalifa. Bush and co-owner Dick Cheney morphed their Arbusto Energy into Harken when Bush friend James Bath provided them with $50,000 in seed money.
Bath owned Skyway Aircrafts and was under investigation by the DEA for working with GCC sheiks in flying $100 bills to the Cayman Islands. Since Bath often borrowed money from Saudi Sheiks Khalid bin Mahfouz- BCCI’s largest shareholder- and Mohammed bin Laden, these wealthy Saudis likely provided the $50,000 in seed money to launch what became Harken Energy.
Bin Mahfouz and bin Laden helped Harken sign an exclusive offshore oil drilling agreement just prior to the Gulf War. In January 1990 President Bush Sr. had approved preferential trade status for the Iraqi regime. That very same month Harken Energy was awarded the biggest offshore oil concession ever in the Persian Gulf off the coast of Bahrain.
Other notable Harken investors included the Ft. Worth-based Bass brothers, the South African Rupert family, the Harvard Endowment Fund, and Rothschild lieutenant George Soros.
In 1989 the government of Bahrain abruptly cut off talks with Amoco concerning the same oil concession after Emir al-Khalifa decided to grant it instead to Harken Energy at the urging of Mobil’s Middle East operation’s chief Michael Ameen. Financing for the project was arranged by Bush Jr. friend Jackson Stephens, the Arkansas owner of Worthen Bank who was instrumental in bringing BCCI to the US and who donated $100,000 to the Bush Sr. 1988 Presidential Campaign.
New York attorney Allen Quasha and his father William Quasha of Manila helped swing the Harken deal with Bahrain. In 1961 Bill Quasha helped George Bush Sr. secure rights to drill the first oil well in Kuwait via Zapata Offshore Oil Company. Later Quasha served as legal counsel to the CIA drug laundry Nugan Hand Bank in the Philippines.
His son Allen became the biggest stockholder in Harken The Quasha’s own 21% of a Swiss company controlled by the South African Rupert family, who were major backer’s of that country’s former apartheid regime.
Just one month before Iraq invaded Kuwait, George W. Bush sold 66% of his stake in Harken Energy at a 200% profit. While stock analysts like Charlie Andrews of 13D Research were putting out “buy” recommendations on Harken, on June 22, 1990 Bush cashed in $840,000 in Harken stock, later saying he “sold into good news”. Bush knew that Harken had violated the terms of a loan package and was now on the ropes financially. Five weeks later Harken reported a $23 million loss and its stock price crashed.
Bush didn’t report his timely Harken Energy stock sale until March 1991. This was illegal, but Bush claimed the SEC had misplaced the forms and was never prosecuted. In 1993 Bush stepped down from Harken’s board. With heavy financial backing from Enron, he became Governor of Texas.
Bush was defended during the Harken scam by Baker Botts lawyer Robert Jordan, who was paid back in 2000 with an appointment as US Ambassador to Saudi Arabia.
The forgiving SEC chief during the Harken debacle was Richard Breeden, one of Bush Sr.’s biggest political supporters.
SEC counsel was James Doty, another Bush supporter who helped George W. buy the Texas Rangers baseball team.
When George W. Bush merged Harken with Spectrum 7 Energy, he brought in Investcorp insider Abdullah Taha Bakhsh, who bought 17.6% of Harken through a Netherlands Antilles holding company.
Some say Baksch was a front man for Sheik Khalid bin Mahfouz. Baksch was a major investor at the Bahrain-based Investcorp, which was launched by former Chase Manhattan executives. In 1988 he looted an Arab bank in London.
Bakhsh was also accused of looting the Al Saudi Banque of Paris when it collapsed in 1988 just ahead of the strikingly similar collapse of BCCI. Bakhsh is a shareholder in First Commercial Financial Group, a Chicago-based commodity futures trading firm which was sanctioned by US regulators for check-kiting and fraud. Just before the Gulf War broke out, Investcorp sold a 25.8% share to an Iraqi company, despite a Bahrain law prohibiting such transactions.
The Saudis and Kuwaitis are the clear leaders in GCC overseas investments. The Kuwaiti Investment Authority has over $250 billion invested abroad and is the biggest foreign investor in Japan and Spain. Citigroup and JP Morgan Chase handle Kuwaiti investments in the US, where the al-Sabah clan owns stock in each of the 70 largest firms listed on the New York Stock Exchange.
Their US holdings include 100% of Occidental Geothermal, 29.8% of Great Western Resources, 100% of the Atlanta Hilton Hotel, 45% of the Phoenician Hotel and 11% of Hogg Robinson.
In Germany they own 14% of Daimler-Chrysler, 25% of Hoechst (the Nazi IG Farben spin-off and the world’s 2nd largest pharmaceutical company), 20% of Metallgesellschaft and part of German retailer Asko. In Italy they own 6.7% of Afil, the Agnelli family holding company which owns Fiat and several other endeavors.
In the UK Kuwait owns St. Martin’s Properties and 5.4% of Sime Darby. In Malaysia their K-10 company owns the biggest newspaper- the New Straits Times Press. In neighboring Singapore, the Kuwaitis own 10.6% of Singapore Petroleum, 37% of Dao Heng Holdings and 49% of the securities firm J. M. Sassoon.
Kuwait Oil Company (KOC), was technically nationalized in the early 1980’s, but remains close to its former parents- Chevron Texaco and BP Amoco- selling these two Horsemen oil at a discount. KOC made wealthy the al-Sabah emirs and the al-Ghanim family, who acted as the company’s agent for decades.
By 1966 KOC bought a Danish subsidiary and became the first Middle Eastern oil company to retail gasoline in Europe.
KOC has been the most aggressive GCC firm in its overseas downstream investments. In 1982 it bought hundreds of Q8 gas stations across Europe. By 1987 it owned over 5,000 gasoline retailers in Europe and South Asia. Just last week KOC was awarded a contract to build oil refineries in South Korea.
The Kuwaitis even bought into one of the Four Horsemen- BP Amoco. As of 1988 they owned a 22% share. They have since reduced their share to 9.85%, still a controlling interest. They purchased the Naples, Italy refining operations of Mobil, own nearly 4% of ARCO (now part of BP Amoco), and 2.39% of Phillips Petroleum (now merged with Conoco). In Spain the Kuwaitis operate the Torras Hostenchchemical firm. In Japan they operate Arabian Oil.
All told GCC investments in Western banks and corporations total in the trillions. The bulk of this is invested in long-term US and Japanese government bonds. The GCC sheiks are crucial to floating the entire house of cards that is the global economy.
Their guaranteed purchases of US debt, which has largely been accrued through defense spending in the Persian Gulf region, keep the US dollar strong and prevent the international financial architecture from crumbling.
The emirs and their elite friends also bankroll CIA covert operations, while re-balancing their trade surpluses with the West through the purchase of US weaponry to protect their oil fiefdoms.
Events in Ukraine and the Middle East have exposed the desperate position of the Rockefeller/Rothschild energy oligopoly.
Putin has just begun playing his extremely good hand of cards.
The GCC puppets remain embattled and circling the wagons. The end of the petroleum standard can only be staved off by permanent war. Strange days indeed.
The Financial System Is A Larger Threat Than Terrorism March 21 2016 | From: PaulCraigRoberts
In the 21st century we have been distracted by the hyper-expensive “war on terror.” Trillions of dollars have been added to the taxpayers’ burden and many billions of dollars in profits to the military/security complex in order to combat insignificant foreign “threats,” such as the Taliban, that remain undefeated after 15 years.
All this time the financial system, working hand-in-hand with policymakers, has done more damage to Americans than terrorists could possibly inflict.
The purpose of the Federal Reserve and US Treasury’s policy of zero interest rates is to support the prices of the over-leveraged and fraudulent financial instruments that unregulated financial systems always create.
If inflation was properly measured, these zero rates would be negative rates, which means not only that retirees have no income from their retirement savings but also that saving is a losing proposition. Instead of earning interest on your savings, you pay interest that shrinks the real value of your saving.
Central banks, neoliberal economists, and the presstitute financial media advocate negative interest rates in order to force people to spend instead of save. The notion is that the economy’s poor economic performance is not due to the failure of economic policy but to people hoarding their money.
Negative interest rates, which have been introduced in some countries such as Switzerland and threatened in other countries, have caused people to avoid the tax on bank deposits by withdrawing their savings from banks in large denomination bills. In Switzerland, for example, demand for the 1,000 franc bill (about $1,000) has increased sharply. These large denomination bills now account for 60% of the Swiss currency in circulation.
The response of depositors to negative interest rates has resulted in neoliberal economists, such as Larry Summers, calling for the elimination of large denomination bank notes in order to make it difficult for people to keep their cash balances outside of banks.
Other neoliberal economists, such as Kenneth Rogoff want to eliminate cash altogether and have only electronic money. Electronic money cannot be removed from bank deposits except by spending it. With electronic money as the only money, financial institutions can use negative interest rates in order to steal the savings of their depositors.
People would attempt to resort to gold, silver, and forms of private money, but other methods of payment and saving would be banned, and government would conduct sting operations in order to suppress evasions of electronic money with stiff penalties.
What this picture shows is that government, economists, and presstitutes are allied against citizens achieving any financial independence from personal saving.
Policymakers have a crackpot economic policy and those with control over your life value their scheme more than they value your welfare.
This is the fate of people in the so-called democracies. Any remaining control that they have over their lives is being taken away. Governments serve a few powerful interest groups whose agendas result in the destruction of the host economies.
The offshoring of middle class jobs transfers income and wealth from the middle class to the executives and owners of the corporation, but it also kills the domestic consumer market for the offshored goods and services. As Michael Hudson writes, it kills the host.
The financialization of the economy also kills the host and the owners of corporations as well. When corporate executives borrow from banks in order to boost share prices and their performance bonuses by buying back the publicly held stock of the corporations, future profits are converted into interest payments to banks.
The future income streams of the corporations are financialized. If the future income streams fail, the companies can be foreclosed, like homeowners, and the banks become the owners of the corporations.
Between the offshoring of jobs and the conversion of more and more income streams into payments to banks, less and less is available to be spent on goods and services. Thus, the economy fails to grow and falls into long-term decline. Today many people can only pay the minimum payment on their credit card balance.
The result is massive growth in a balance that can never be paid off. It is these people who are the least able to service debt who are hit with draconian charges. The way the credit card companies have it now, if you make one late payment or your payment is returned by your bank, you are hit for the next six months with a Penalty Annual Percentage Rate of 29.49%.
In Europe entire countries are being foreclosed. Greece and Portugal have been forced into liquidation of national assets and the social security systems. So many women have been forced into poverty and prostitution that the hourly price of a prostitute has been driven down to $4.12.
Throughout the Western world the financial system has become an exploiter of the people and a deadweight loss on economies. There are only two possible solutions. One is to break the large banks up into smaller and local entities such as existed prior to the concentration that deregulation fostered.
The other is to nationalize them and operate them solely in the interest of the general welfare of the population.
The banks are too powerful currently for either solution to occur. But the greed, fraud, and self-serving behavior of Western financial systems, aided and abeted by governments, could be leading to such a breakdown of economic life that the idea of a private financial system will become as abhorent in the future as Nazism is today.
Helicopter Money: Get Ready To Be Showered March 20 2016 | From: KiwiWatch
Day after day we are insulted by wannabe broadcasters like (in New Zealand) Paul Henry and Mike Hosking, who continue to interview ‘bank economists’ or ‘central bank analysts’ attempting to discover why the global economy is slowing down, what central bankers are doing about it and why our own economy is showing signs of this distress.
Only Luddites would interview the people who are the very cause of the problem hoping to get a glimpse of the solution.
Massive government and private debt that has spiraled hugely since the unresolved 2008 ‘Global Financial Crisis’ is the major cause of the problem. 2008 wasn’t an event with an ending. It’s continuing and just got a whole lot worse in the interim due to massive central bank money printing, zero interest rates (ZIRP), Quantative Easing (QE), now negative interest rates (NIRP) and now a war on cash.
Central bankers are out of time, clueless as to what to do. Everything they try is an experiment, the consequences are unknown. Why bother interviewing the fools causing the problem? Instead why not interview people who can come up with a non bank solution?
Spiraling debt comes from the manner in which banks create money by the Fractional Reserve system that has empowered banks to become the almighty and powerful entities, ‘too large to fail’. That is the cause of the problem along with the now massive deflationary force of an aging baby boomer generation keeping their wallets in the hip pocket, spending less.
Back in the 1970’s a local (N.Z.) politician called Bruce Beetham promoted a political party called Social Credit whose basis was that the government should be the sole creator of credit in a nation disempowering bankers out of this role.
He was maligned as a ‘funny money’ man. In hind sight this solution would have solved the problem of bankers becoming the all powerful and kept our country from being beggars in the global credit markets… controlled by banks.
But maybe, just maybe there are politicians who themselves are going to be attacked and maligned by the powerful bank lobby as ‘nutters’ are thinking about ways governments are going to monetize the debt they can’t repay. Whatever result the lunacy of central bank thinking is past the use by date.
Countries Sign The TPPA: Whatever Happened To The 'Debate' We Were Promised Before Signing? March 18 2016 | From: TechDirt
In New Zealand there is a pathetic "Roadshow" PR excercise because of the 30,000 strong protesters that gridlocked Auckland city on the day of the globalists 'signing' of the TPPA - a protest that state-controlledTVNZ news said was only around 1,000 people.
The New Zealand Traitor Prime Sinister John Key is even pushing for the law changes the TPPA would enforce EVEN BEFORE ratification and says the law changes WILL NOT be undone if the TPPA fails ratification.
The stated purpose of this 90 day clock was in order to allow "debate" about the agreement. Remember, the entire agreement was negotiated in secret, with US officials treating the text of the document as if it were a national security secret (unless you were an industry lobbyist, of course).
So as a nod to pretend "transparency" there was a promise that nothing would be signed for 90 days after the text was actually released.
So... uh... what happened to that "debate"? It didn't happen at all. The TPP was barely mentioned at all by the administration in the last 90 days. Even during the State of the Union, Obama breezed past the TPP with a quick comment, even though it's supposedly a defining part of his "legacy."
But there's been no debate. Because there was never any intent for an actual debate. The 90 day clock was just something that was put into the process so that the USTR and the White House could pretend that there was more "transparency" and that they wouldn't sign the agreement until after it had been looked at and understood by the public.
Of course, the signing is a totally meaningless bit of theater. The real fight is over ratification.
The various countries need to ratify the TPP for the agreement to go into effect. Technically, the TPP will enter into force 60 days after all signers ratify it... or, if that doesn't happen, within two years if at least six of the 12 participant countries ratify it and those six countries account for 85% of the combined gross domestic product of the 12 countries.
Got that? In short, this means that if the US doesn't ratify it, the TPP is effectively dead.
The US needs a majority of both houses of Congress to approve it, similar to a typical bill. And that's no sure thing right now. Unfortunately, that's mainly because a group of our elected officials are upset that the TPP doesn't go far enough in helping big businesses block competition, but it's still worth following.
Inevitably, there will be some debate during the ratification process, though there are enough rumors suggesting that no one really wants to do it until after the Presidential election, because people running for President don't want to reveal that they're happy to sell out the public's interest to support a legacy business lobbyist agenda.
But, even that debate will likely be fairly limited and almost certainly will avoid the real issues, and real problems, with the TPP.
Either way, today's symbolic signing should really be an exclamation point on the near total lack of transparency and debate in this process. The 90 day window was a perfect opportunity to have an actual discussion about what's in the TPP and why there are problems with it, but the administration showed absolutely no interest in doing so.
And why should it? It already got the deal it wanted behind closed doors. But, at least it can pretend it used these 90 days to be "transparent."
Vampire Technocrats Fly To Jekyll Island To Stop Trump March 14 2016 | From: JonRappoport
It’s such a secret place, only heavy hitters and big shots can fly in, from private airports - which, by the way, have no TSA security. So they could have been packing heat for all we know. Or bags of blood for nighttime drink fests.
Sea Island is where they met. It’s in the same Georgia gaggle as the infamous Jekyll Island, where the Federal Reserve was born many moons ago. But now the goal was narrow: stop the crazy cowboy; stop Trump.
Were secret effigy-burning rituals held? Hard to say. Did one of the tech giants unveil a new algorithm that would suddenly direct all Trump remarks to a new Hitler Facebook page?
"Apple CEO Tim Cook, Google co-founder Larry Page, Napster creator and Facebook investor Sean Parker, and Tesla Motors and SpaceX honcho Elon Musk all attended.
So did Senate Majority Leader Mitch McConnell (R-Ky.), political guru Karl Rove, House Speaker Paul Ryan, GOP Sens. Tom Cotton (Ark.), Cory Gardner (Colo.), Tim Scott (S.C.), Rob Portman (Ohio) and Ben Sasse (Neb.), who recently made news by saying he ‘cannot support Donald Trump.’
“Along with Ryan, the House was represented by Energy and Commerce Committee Chair Fred Upton (Mich.), Rep. Kevin Brady (Texas) and almost-Speaker Kevin McCarthy (Calif.), sources said, along with leadership figure Cathy McMorris Rodgers (Wash.), Budget Committee Chairman Tom Price (R-Ga.), Financial Services Committee Chairman Jeb Hensarling (Texas) and Diane Black (Tenn.).
“Philp Anschutz, the billionaire GOP donor whose company owns a stake in Sea Island, was also there, along with Democratic Rep. John Delaney, who represents Maryland. Arthur Sulzberger, the publisher of The New York Times, was there, too, a Times spokeswoman confirmed.”
Quite a collection. And they all have hernias and a major case of red-ass about the crazy cowboy running for President.
At the confab, Karl Rove, the old grubby prince of darkness, opined that stopping Trump was a matter of emphasizing how un-Presidential he is. Karl’s come a long way down since his glory days with George W. I’m told he’s about to launch his own Daily Racing Form.
Henry Miller, the American writer who, in his time, in his own way, was as reviled and infamous as Trump is now, once wrote (paraphrasing): People say America needs a President who will restore sanity to the country. That’s wrong. What America needs is a President who’ll drive everybody crazy.
Well, here he is. Trump. The gilded, self-inflating hustler who’s never met a success story (of his own) he didn’t love. Trump. The master of off-the-cuff. The ham-fisted swaggering hair stylist’s nightmare who pushes open the swinging doors to The Secret Club bar and strides in, bat-shit angry, to lecture snooty tight-ass titans on how to make America great again.
"I was telling my wife the other day I should buy Alaska. And by the way, we’re going to dump Common Core, and vaccines cause autism.”
What’s the algorithm that stops that?
Regardless of what happens from this point on, Trump’s major contribution to Presidential elections is smashing standard political rhetoric; and that’s no small accomplishment. Next to him, Hillary and Obama and Mitt and Marco are 100% pharmaceutical-grade Thorazine on a slow Sunday afternoon.
But here’s the thing, Donald. You haven’t gone far enough.
To destroy the walking-dead politicians of our time, you need to get a lot crazier - on your own live-streaming webcasts, night and day, to five million, 10 million, 20 million people around the world. From your car, by your fireplace in Trump Tower, in a Burger King, in the men’s room at the Pierre Hotel, in a homeless encampment in San Diego, on a lonely snowy street in Cleveland at 3 in the morning. Ramp it up.
You’re standing in the field of a family farm in the Midwest with a hollow-faced man whose life has been blown away by Monsanto, with its GMO crops and cancer-causing Roundup. There you are talking to him, the farmer, destitute, his family destitute, near a giant acre of weeds eight feet high that resisted Roundup and didn’t die. His crop yield shrank.
His expenses, courtesy of Monsanto, grew. He went down. Talk to the man. Listen to his story. Beam it out to 20 million people. Tell him how you’re going to help him put himself back together. Lay out a plan to resurrect the small farmer in America.
Stand inside a building in Chicago where people have built their own urban farm and grow vegetables for the local poor community, for themselves. Show what a success it is. Listen to these people. Tell them how you’re going help them build 5000 of these urban farms in poverty-stricken inner cities across America. People are going to rise up.
They’re not going to be a permanent underclass eating government cheese for the rest of their lives.
Sit in a homeless camp with veterans of wars and listen to their stories, listen to how the VA threw them in the garbage heap, after they served their time. Get busy, Donald. These vets are all over America. They have something to say. Don’t hold back. Tell them what’s happened in Iraq and Afghanistan since they were there. Some of them already know. Let them tell you how those countries have gone down the toilet. Raise hell.
In a trailer park, talk to a few former members of the American middle-class, who were shoved down into debt and unemployment by the fanatic Globalist export of jobs to faraway hell holes where workers slave for 3 cents an hour. In fact, under heavy guard, visit a few of those overseas hell holes and expose what they look like and feel like and are. Go the distance.
Travel the southern border of America. Live-stream what’s happening. Talk to US border personnel. Listen to their stories. Emphasize that the US already has 60 million immigrants living here, which makes it the most generous country, per capita, in the world. Talk to Mexican corn farmers coming up into America. Let them describe how 1.5 million of them were put into bankruptcy, because the NAFTA trade treaty allowed US companies to flood Mexico with cheap corn.
Crack the egg of slumber in the Big Cocoon. With your live webcasts, pull in more viewers than NCIS and CSI. Drive your former employer, NBC, crazy.
Talk to truckers and limo drivers and shoe salesmen and working wives and newly minted PhDs who can’t find work. Talk to people on the street, people in bars, people coming out churches and strip clubs and malls. Tear down the walls between politicians and people.
You’re starting to sound a bit mainstream these days. You’re not going to “work with Congress.” Congress isn’t going to work with you. Get off that horse. Okay, you want to sound like a “unifier” who “likes people”? Do that for a day. But then get back to doing what you were before. Mangling politicians and media buffoons.
People talk like robots because they are robots. That’s your opening, Donald. Keep pressing it. Destroy political-speak. Rake it over the coals. Offend more human androids. Your numbers will keep rising. Improvise.
It intrudes on so much business-as-usual political life in America. I really want to drive home this point. People, so many people, are so timid and scared and provincial and tight - and they think that the usual parade of ghouls who run for office in this country is acceptable because the candidates mouth empty dead words.
People expect the walking smiling dead to run for office. Big grins, empty words. That’s considered safe, despite the fact that these hideous creatures are perfectly ready and willing to send planes anywhere to drop bombs on populations for no goddamn good reason. But as long as the candidate has a wan shit-eating grin, and as long as says he’s caring, it’s all right.
Then Trump comes along and he’s suddenly the Dangerous One. He’s suddenly a threat.
You mean all those other ghouls weren’t?
He’s Hitler, and they were messiahs? Are you kidding? All of a sudden we have a dangerous Presidential candidate where there were none before? REALLY? People are getting so worked up about the first dangerous candidate in recent memory? REALLY?
I see. Building a wall is the worst idea ever to occur in America? Nothing like it? Ever? What about Vietnam? 1.4 million dead bodies, countless wounded, and even more suffering cancers and birth defects from Agent Orange. That was nothing compared to the suggestion of building a wall on the southern border?
What about bombing Libya, ripping that country to shreds? Might have been a mistake, but it was nothing compared with the suggestion to build a wall? Putting in economic sanctions between the two wars in Iraq and thereby killing 500,000 children? Sad, but nothing compared to the suggestion of building a wall?
The White House funding, backing, creating, arming ISIS in conjunction with US allies? Yes, perhaps a regrettable error in judgment, but nothing compared to the suggestion of building a wall?
Bush 1, Clinton, Bush 2, Obama? Angels from heaven.
Trump? The anti-Christ.
Well, that settles that.
Get busy, Donald, push harder. Do a webcast to 20 million people from a bar off Wall Street, where you chat with an ex-broker about the giant ongoing con called investment banking, the astonishing ripoffs, the real details of the bailout.
Visit a half-deserted town where a factory closed and went to Asia to make their products on the cheap. Talk to the people of that town as they sit and wait for something to happen that’s never going to happen.
Assemble a group of media people who were drummed out of their profession for speaking the truth about vital scandals and let them talk. Have a conversation about what lies under the surface of American life, about the themes the stuffed media shirts who still have their jobs are concealing, as they attack you around the clock. Break open the whole stinking mess and show it to the American people, and reveal what their robot-talking politicians have been doing to them.
For a long, long time.
Coda - I realize I’m branching out into an area where the actual Donald Trump doesn’t exist. The disruptive force that he is may have, behind it all, severe limits. He may only want to upset a few apple carts. He’s only a moon rising, and never goes full. On the other hand, we’ve never seen a politician who is what he should be. And we need to flesh out a better idea about who that is, as an intensely disruptive radical force, in the best and original sense of that word.
“Radical” equals “root.” Politics as it never was. But could be.
Not the skunk-ridden Leftist hideous mask of “we care,” behind which commissars try to drive us all into a shit heap of senseless lowest-common-denominator equality.
Not the Rightest pork-fat scumbags pushing predatory corporations to make more weapons and take over more countries in the name of fatuous democracy. Not the Centrists who work both sides against the middle.
No. Instead, radical. The root.
The place where the individual has a vision and follows it. The place where such individuals come together and make futures of freedom.
And this is what the establishment are afraid of:
And well they should be...
KiwiSaver Accounts Missing Millions March 12 2016 | From: RadioNewZealand
Tens of thousands of workers are missing millions of dollars from their KiwiSaver accounts because their employers have failed to either pass on payments docked from their pay, or pay their own employer contributions.
Figures obtained by RNZ News show Inland Revenue is chasing thousands of employers for $29.3 million in outstanding payments and penalties that have accumulated since the retirement savings scheme was launched in 2007.
Related: NZ Super Fund's $200m Loss
At the end of June 2015, 1663 employers had failed to pass on $15.3m in KiwiSaver payments deducted from their employees' own salaries to the IRD. These deductions were government guaranteed so workers would eventually get the money.
But since 2007, 2210 employers had failed to pay $10.6m in KiwiSaver contributions to 46,154 employees.
Businesses are legally required to pay 3 percent of an employee's gross salary towards their KiwiSaver.
IRD collections manager David Udy said the vast majority of the businesses that had failed to pay were small and employed between three and five staff. He said in some cases the businesses had simply gone bust and were unable to pay, but the department was doing all it could to collect the debt from others.
Last year, the IRD collected $4m in outstanding debt, reducing the total to $29.3m. David Udy said the IRD was making progress.
"It has a priority with us however, one needs to realise there's many reasons employers get into difficulty and obviously if the business doesn't have funds then we are unable to obtain those."
Mr Udy said some of the employers who owed money were repeat offenders but he could not say how many there were.
He said IRD was doing all it could to recover any money and slow paying employers were notified of any missed payments within a month.
Mr Udy said the IRD tried to work with them to recover the money and legal action was only used as a last resort.
Tax consultant Terry Baucher said the IRD was often too slow to act and it needed to do more to educate small businesses about their obligations to pass on, and pay their own, KiwiSaver contributions.
"There's a lot of employers and people slip through the cracks. We have seen instances where five or six years have passed without Inland Revenue taking any action," he said.
While employees' KiwiSaver deductions were guaranteed by the government, employers' contributions were not.
Labour's finance spokesperson Grant Robertson said that might need to change.
"I am prepared to look at the idea of a guarantee because I think the workers who enrol in KiwiSaver deserve to know they'll get all the benefits of being part of the scheme."
But he said it first needed to be worked out whether IRD was doing all it could to try and recover the missing money.
IRD said any workers who were missing KiwiSaver payments should first talk to their employer or contact them for advice.
Warning: New Zealand Government And Big Banks In Collusion For Farm Land Grab: The Same Scam As Run In The United States And Australia March 11 2016 | From: WakeUpKiwi / Various
Possibly the most painful part of this will be watching all of the big bank / corporate sponsored 'experts' in the filthy corrupt media & Government try and explain it all away in terms of "interest rates" and "market forces". Farmers are enticed into taking out loans at low interest rates which are then intentionally later raised, in a blatantly criminal plan to seize land. It worked in the US. Copy and paste in Australia. And now copy and paste in New Zealand.
New Zealand company Fonterra is the worlds largest dairy exporter, exporting products to over 100 countries
The truth is, it is an agenda planned even before the inception of Fonterra, specifically for this end goal - the 'Globalization' of our land and all of our natural resources - using rigged (Libor) interest rates, market manipulations, fake printed debt and various other financial frauds.
Say good bye to 95% of your farm land Kiwis - thanks to the filthy inbred banking mafia and their army of soulless, bribed, sexual pervert CEO's and senior management. Unfortunately, the average Kiwi farmer is far too dumbed down with the All Blacks & Sky / Heaven TV financial news to figure any of this out. They are about as sophisticated as the cattle sitting outside their offices awaiting slaughter. You are what you eat. Chattel.
It was spelt out on national television on TVNZ 'Seven Sharp' but still the fluoridated masses slept through it. Where was the backlash?
And yes, it is a giant Rothschild-run Ponzi scheme and it doesn't have long left to go until Bernie Madoff time.
US Farm Claims Program:
The Farmer Claim Program - Discuses how a class action lawsuit brought about in the early 1990's lead to the creation of NESARA, the National Economic Security and Reformation Act which will ultimately tear apart the New World Order and bankers plans right out from under their feet.
Oz Farm Foreclosures: ANZ Behaving Badly:
Farmers whose properties were foreclosed on by the ANZ bank since 2010 have made explosive claims about the devastation suffered by those who defaulted.
Two have given evidence at a parliamentary inquiry hearing, in Sydney, into the banking industry's practice involving loans.
Rod Culleton, of Williams in Western Australia, and Margaret Menzel, representing sugar cane farmers, gave evidence. Mr Culleton was a cereal and sheep farmer until he lost the farm in 2013 and has been fighting the ANZ in the courts and in the media ever since.
He said ANZ had admitted to overcharging in fees incurred during the transition [from Landmark to ANZ] and "is giving a lot of that back".
In answers to the committee, Mr Culleton said he, and others in positions of default to ANZ, were "held at gunpoint" after receivers were sent in.
"That's reality," Mr Culleton said.
"Ten [police] came to my place that day [the receivers came in 2013].
At Bruce Dixon's it was caught on TV. There were four police with their pistols on us and there were SWAT teams up in the bush, and we were held at gunpoint that day, quite horrific really.
"We went there to support Bruce Dixon," Mr Culleton said.
He also claimed another defaulter with ANZ was "victimised that much by receivers and police"… tipped 15 litres of petrol over his head and set himself on fire".
According to Mr Culleton he was in a coma for six months. During the hearing, Mr Culleton asked Brett Fallon of the Whitsunday region to stand to demonstrate his maimed and burnt hands, after his self-immolation.
He submitted the story of Mr Fallon to the inquiry, describing him as a Queensland cane and cattle farmer who had a Landmark loan of $3.5 million and ANZ demanded it be repaid in 2010.
"Over the next three years Brett Fallon sold assets and all the proceeds [$3.7 million] were paid to the ANZ.
Mr Fallon then attended the Ingham branch of the ANZ in May 2013 and was told his outstanding loan was $4 million, and his cattle and crops belonged to [someone else, name withheld]."
Mr Fallon claimed outside the hearing that a lot of people could not attend because they had taken their own lives.
He echoed calls for a Royal Commission into banking practice and the establishment of a nationalised Rural Development Bank, to give a break to farmers who had seen their land devalued.
ANZ's (Australia and New Zealand Banking Group) Takeover of Landmark's Loan Book
When ANZ took over Landmark's loan book in 2010, from the scandal-ridden Australian Wheat Board, Mr Culleton said he received a series of emails outlining the transition.
Australia and New Zealand Banking Group, Australian Head Office, Docklands, Melbourne
Reading from the emails he said, "'Landmark and ANZ will be working together to keep you informed of any changes'".
"You aren't required to do anything, and until 2010 your accounts and cheque book will work the same way as they always have.
"If you have any questions please speak to your rural financial manager,'" Mr Culleton quoted from the email.
But he said there was no local manager in Bunbury and he could never speak to anyone on the phone to discuss the new ANZ bank terms.
ANZ tower, Auckland
Mr Culleton claimed he would have been able to repay the loan, but did not want to bank with ANZ.
"I never signed over to ANZ Bank," he said.
"They created new bank accounts calling me a customer, and then they defaulted me on accounts that were foreign to my company and companies."
He explained in submissions that he wanted to have the freedom to move loans, but felt he was prevented from doing so.
"I have the right to go elsewhere," he said.
"We're not on some conspiracy theory, we're telling the truth," Mr Culleton told the hearing.
ANZ and Commonwealth Bank of Australia are expected to give evidence in April, delaying a report which was due in March 2016.
Finally: Words of Wisdom In an Expose on the Banking System from a Smart Child in Canada:
Rothschild Bank Now Under Criminal Investigation After Baron David de Rothschild Indictment March 10 2016 | From: ActivistPost
Last year, Baron David de Rothschild was indicted by the French government after he was accused of fraud in a scheme that allegedly embezzled large sums of money from British pensioners.
It has taken many years to bring this case against Rothschild and his company the Rothschild Financial Services Group, which trapped hundreds of pensioners in a bogus loan scheme between the years of 2005 and 2008.
One by one the pensioners lost their money and pressed charges against the notorious banker, beginning a case that would take many years to get even an indictment.
In June, Paris-based liaison judge Javier Gómez Bermudez ruled that Rothschild must face a trial for his crimes, and ordered local police to seek him out in his various mansions that are spread throughout the country.
“It is a good step in the right direction. The courts are now in agreement with us that there is enough evidence to interrogate Baron Rothschild. The first thing they will have to do is find him. Once they have done that they can begin to question him. It is a real breakthrough moment for everyone involved,” lawyer Antonio Flores of Lawbird told the Olive Press after the ruling.
“In short, independently of what happened to the investment, Rothschild advertised a loan aimed at reducing inheritance tax, which is a breach of tax law,” he added.
While news of a single Rothschild being indicted is certainly noteworthy, a particularly important announcement was made this Friday.
The French government announced that it has launched an investigation into the entire Swiss branch of the Rothschild’s banking empire.
“The Swiss unit of Edmond de Rothschild said it’s the subject of a French probe regarding a former business relationship managed by a former employee.
“Edmond de Rothschild (Suisse) SA is actively participating in the criminal investigation under way,” the Geneva-based bank said in an e-mailed statement on Friday. “The bank denies all the allegations that have been made against it.”
Edmond de Rothschild, a private banking and asset management firm established in Paris in 1953, oversees about 150 billion euros ($164 billion) and is led today by Baron Benjamin de Rothschild and his wife Ariane. The Swiss unit traces its roots to the acquisition of Banque Privee in Geneva in 1965.
The company has no further comment at this time, according to the statement. Officials in Geneva weren’t immediately available to respond to a telephone call from Bloomberg News on Friday."
The Rothschild empire has been instrumental in helping move the global elite’s wealth from traditional tax havens like the Bahamas, Switzerland and the British Virgin Islands to the U.S.
Last month, the Free Thought Project reported on the above the law tax haven established inside the United States by the Rothschilds.
After opening a trust company in Reno, Nev., Rothschild & Co. began ushering the massive fortunes of the world’s most wealthy individuals out of typical tax havens, and into the Rothschild run U.S. trusts, which are exempt from the international reporting requirements.
Jacob Rothschild. At least Evelyn de Rothschild has a sense of humour.. Remember the catnip meeting Evelyn? Haha... [Keenan]
The Rothschild banking dynasty is a family line that has been accused of pulling the political strings of many different governments through their control of various economic systems throughout the world.
Historically, there is ample evidence to show that the family has used insider trading to bilk money from both private and public funds.
During the Battle of Waterloo in the Napoleonic wars, Nathan Rothschild was responsible for one of the oldest cases of “insider trading,” which led to the Rothschild family robbing a whole nation blind. In 1815 when the battle of Waterloo took place, there were no quick methods of communication like we have today so messengers were used for communication in times of war.
The Rothschilds invented the concept of the courier - little wonder that they control FedEx, which ironically is about as federal as the Federal Reserve
The Rothschild’s took advantage of this by having spies on the frontlines of the battle who would return information to the family faster than the messengers used by the military.
When the British won the war, Nathan Rothschild, was of course, the first to know, and he immediately went to the stock exchange and started selling stocks while putting out the rumor that the French had won the war. This created a panic on the floor of the stock exchange and investors all over England began frantically selling their stocks.
With the price of all stocks plummeting Rothschild was able to buy out the whole English market for a fraction of its cost. When word returned that the English had actually been victorious, the value of the market soared, and overnight Nathan Rothschild expanded his family’s wealth, and cemented their position as one of the richest families in the world.
What They Want You To Fear Versus The Real Threats We Face March 8 2016 | From: WakingTimes
The uniting global culture of the 21st Century does have risks that it needs to address as it moves into a new era that can finally be classed as a civilized society. Yet, any report that identifies the threats to our species needs to be holistic and progressive in its approach; otherwise it is just fear propaganda manufactured to elicit our blind consent.
Allegedly, the three biggest threats to the world are:
1. ISIS
2. Cyber-Espionage
3. Nuclear North Korea
As stated in the second paragraph:
“US National Intelligence Director James Clapper and other officials warned an attack by Islamic State on US soil was imminent, that North Korea now had the capability to produce up to 100 nuclear bombs and that Russian and Chinese hackers could dismantle critical defence, supply and information networks and were in fact already starting to do this.”
We can see straight away the fear they’re trying to push: there are no internal threats; the big bad entities of the East are who we all need to be worried about. This would be hilarious if it wasn’t so dangerous, because as per design, it aims to keep the mainstream herd of breaking free from the false narratives which unfortunately characterize living in this day and age.
As the post-mainstream community has long understood, the primary threat that we collectively face is the shadow power structure which has bought out our financial, informational, political, medicinal and educational systems.
The way in which money and resources are controlled in our society, as well as what information the matrix-media provides, is determined by this oligarchy which has long infiltrated western governments and the minds of the masses.
Therefore, we all need to be concerned that we no longer have a representative government. Abraham Lincoln’s famous quote is regrettably being transformed for the worse: a government of the people, by the people, for the people, is perishing from the earth.
As part of this agenda, Islamic State (IS) is a proxy army of this global cabal. IS is made up of Sunni radical extremists, and was directly massaged into a well-equipped army by Turkey, Saudi Arabia and other Sunni-dominated Middle Eastern states. Weaponry and other equipment were also directly and indirectly supplied to them by Western nations.
The rise of terrorism has been a well planned ingredient to this recipe, officially beginning in 2001. In orchestrated stride, the ‘war-on-terror’ continued to escalate in 2015 with supposed terror attacks being carried out in dozens of areas across the Middle East and Africa, as well as the well-known ‘Paris Attacks’ and San Bernardino shootings later in the year.
Of course, many of these incidents might well be false-flag operations carried out by these ruling elite, who are hell-bent on uniting the world under their impenetrable rule.
Because there has been a war in the Middle East between the Sunni’s and Shiites for centuries, the Israeli/US elites have picked a side to meet their own ideological and geopolitical goals.
Syria and Iran are primarily Shiites, whilst Turkey and Saudi Arabia are Sunni nations that have been allies of the U.S for decades. Turkey is also a part of NATO, so they were always going to choose this particular side.
It appears that Russia is the unplanned wildcard. They have allied with Iran and Syria because they have their own ideological, economical and geopolitical agendas.
For this end, they have absolutely pumped the Sunni radical extremists since mid to late last year, which is why Saudi Arabia and their alliance have organized up to 350 thousand ground troops in early February to potentially enter Syria in a ground invasion.
They of course will say this is to fight IS, but that’s just pure deception; the real aim would be to ensure that they don’t lose the battle for supremacy that they’ve invested so much time, energy and pride in.
Furthermore, Russia and China, among other nations, have collaborated to build new economic institutions for the future, including the BRICS bank and the Asian Infrastructure Investment Bank (AIIB). As noted in this Global Research article in February 2016:
“China and Russia are investing in neighboring economies on terms that cement Eurasian integration on the basis of financing in their own currencies and favoring their own exports. They also have created the Shanghai Cooperation Organization (SCO) as an alternative military alliance to NATO.
And the Asian Infrastructure Investment Bank (AIIB) threatens to replace the IMF and World Bank tandem in which the United States holds unique veto power.”
As stated, this is in direct opposition to the oligarchical-controlled IMF and World Bank, although it must be noted that originally there was some endorsement by these institutions. In any case, as noted in an article by former Assistant Secretary of the Treasury, Dr. Paul Craig Roberts:
“The basis of US foreign policy is the commitment to prevent the rise of powers capable of constraining Washington’s unilateral action. The ability of Russia and China to do this makes them both a target.
Washington is not opposed to terrorism. Washington has been purposely creating terrorism for many years. Terrorism is a weapon that Washington intends to use to destabilize Russia and China by exporting it to the Muslim populations in Russia and China.”
In other words, Washington and the gullibility of its European vassals have put humanity in a very dangerous situation, as the only choices left to Russia and China are to accept American vassalage or to prepare for war.
Based on this analysis, Russia and China are only threats because the US (and Israel) oligarchy has made them into exactly that.
The majority of people do not want further war, so the question then begs, will they stand up against this authoritarian agenda or will a well-orchestrated false flag convince the masses that it’s the only way forward to protect their freedoms?
Note: for those who vehemently say NO TO WAR, please see this initiative led by the infamous war veteran Ken O’Keefe.
The Real Threats We Face
As discussed, there is a shadow order that has taken control of the way that we organize and economize our societies. They use their corporate monopolies to enact their agenda. If we don’t do something to stop this tyranny then the “11 Toxic Realities Society is Finally Waking Up About” will continue its carnage across our collective minds and hearts.
In addition, the global economy is tanking due to a saturation of debt and near worthless global currency. How this plays out in the coming months and years is hard to predict, yet the potential destruction of our current way of life, as well as massive social unrest, is very real. This is something we all need to hedge our bets against; hope for the best, but prepare for the worst.
Yet, there’s something even more powerful that if we don’t do something about, then nothing will change for the better. That threat is the ignorance of the masses. If the majority of people actually understood the issues, and were prepared to stand up and be counted in ensuring humanity’s next phase of evolution comes to fruition, then no matter how much money and resources are at the disposal of the despots, people power would inevitably reign supreme.
The Military - Industrial - Media - Politico - Banking Complex Increase their Power and Continue their Pillage Across the World:
Pharmaceutical monopolies amplifying the drugging of society, as well as keeping many of us sick so that they maximize their profits;
Movements rise up only to be vilified and disassembled, such as the Occupy Movement;
Science turned into a corporate institution, as well as further hijacked by an inaccurate and small-minded philosophy of reality;
Wars purposely created with millions of people dying for the whims of the shadow empire;
Radical extremists massaged into proxy armies to do dirty work for the collapsing power structure;
Air, medicine, food and water becoming purposely more toxic;
Governmental policy increasingly being determined by corporate/elite interests;
Police being militarized all around the globe;
The education model struggling to become less of an indoctrination system; and
The agenda of global governance becoming closer to fruition.
Once the tipping point occurs and the masses wake up to these and other realities that threaten the future of our species, the paradigm shift will be in full swing. To do so, apathy will need to be transcended so that the awareness of the dysfunctions leads to effective and sustained action and the transformation of our social systems.
The goal? Design them so that we can truly say they are for the benefit of not just all of our fellow man, but our natural systems too.
Final Thoughts
The original article cited above uses fear to sedate the masses. It claims that one of the biggest threats are attacks on US and European soil. Of course known false flags like 911, and suspected ones like the 2015 Paris attacks, are insider moves on the geopolitical chess board, so when the masses are warned that one might occur, its only natural for the indoctrinated to automatically believe that it was whoever the presstitute media says it is.
Therefore, we must be vigilant when it comes to any significant events which arise. To do so, just stay tuned into the alternative media because there are many independent truth-seekers and social commentators who are disproving the false narratives to ensure the truth really is out there.
In addition, to save me reinventing the wheel, in my latest article I note that:
“There’s escalating conflict all across the planet. The global economy is deflating from a decades-old debt bubble. Ignorance, apathy, ill-health and suffering are commonplace.
Politics has sold-out. Money rules the rules. Then of course the consolidation of power has been very successful by the oligarchs, who have taken primary control of how money and information is circulated throughout society.”
There is a bigger picture though. It is important to understand what we’re dealing with in all its forms, because if we align ourselves to it then we can co-create with it, no matter if it’s of positive or negative charge. Yet regardless of the exact details of all these realities, this is all part of a deeper energetic shift which is not only organic, but being fueled by individual and community action.
Ultimately, the potential for it to get worse before it gets better is something that we need to accept. Think smart, act smart. Do it for yourself and your loved ones, but also for the community that you call your home.
Because after all, we’re all on the same team; help those around you to realise it so that you can begin to build the future that you dream of in your own backyard, to the best of your ability.
Much love and strength to you all.
The Real Reasons Behind Negative Interest Rates And Banning Cash March 8 2016 | From: EpochTimes
It's another [planned] bank bailout and it won't end well.
Indeed, the orchestrated support from the usual suspects among the mainstream media, pundits, think tanks, banks, and governments around the world is astounding.
Both editorial boards of Bloomberg and The New York Times wrote two pieces in favor of banning cash. Former Treasury Secretary Larry Summers and European Central Bank President Mario Draghi voiced their support for the elimination of large currency notes. Only The Wall Street Journal didn’t exactly endorse the idea.
Willem Buiter, the chief economist of Citigroup, summed up the benefits - at least from the government’s point of view: All financial transactions can be taxed by the government or charged a fee by the banks, and bank runs are eliminated because there is nothing in the bank that’s worth making a run for.
“Something is going to go wrong is what I’m saying."
- James Grant
Germany wants to introduce an initiative in the European Union to ban the 500 euro note and also ban all transactions above 5,000 euros in cash.
All of the proponents know that negative interest rates, a key element in central banks’ objective to achieve meaningful inflation, needed to reduce the debt burden of overextended speculators and businesses, won’t happen unless they also ban cash. That’s why the two ideas often go hand-in-hand in public discussion.
“They will try negative rates to some extent. I think it’s going to be hard to push the Fed Funds rate below negative 1.
That’s going to be difficult. People can basically take out cash and put it in a vault and they get a zero return on it,”said Joseph Gagnon, a senior fellow at the Peterson Institute for International Economics and former associate director at the Federal Reserve board.
Buiter and Gagnon are honest and cut straight to the chase of the economics involved. Banning cash and imposing negative rates allow one to tax and charge consumers even more than today, forcing them to either spend more in the process or invest in more speculative arenas, such as the stock market.
"'There is an alternative to saving which is called investment or speculation. It involves much greater risk.
A negative interest rate is not only a tax on saving, it is the destruction of saving,”said Grant.
If I have $1,000 in the bank, the next year I will only have $990 because the bank takes the other $10. In fact, this policy is another bank bailout. Most other proponents of a ban on cash say the measure would reduce money laundering, crime, and terrorism.
While this is essentially true, it is somewhat odd that the same people didn’t think about this 10, 20, or 30 years ago, as crime, money laundering, and terrorism unfortunately have been around since at least then. Instead, it took them until now:
Conventional and unconventional monetary tools have reached their limit, and negative interest rates seem to be the only choice left.
“Radical monetary policy begets more of the same, that has been the rule. What doesn’t work… there’s more of it,” said Grant.
Unintended Consequences
What is not astounding, however, is the way the general public meets the two ideas with wholesale skepticism. To illustrate Mr. Gagnon’s point, the sales of safes are booming in Japan, one of the countries further along in the quest to pass negative interest rates to the public.
In fact, there are many indicators that pushing negative interest rates on to consumers - many institutions are happily paying them in the form of negative yields on government bonds - will not be a linear move from 1 to 0 to -1. The system may break crossing the magical number zero.
According to a survey undertaken by Dutch bank ING, 77 percent of respondents said they would take their money out of the bank if interest rates went negative, precisely the bank run that Buiter would like to avoid and precisely the reason negative interest rates would have to go hand-in-hand with a ban on cash.
In addition, lower rates don’t mean savers will spend more; instead, it seems to have the opposite effect. Data compiled by Bank of America shows that in countries with very low or negative deposit rates, savers tend to save more, not spend more.
Related: Why The Powers That Be Are Pushing A Cashless Society
In Switzerland, for example, as the deposit rate moved from a bit less than 1 percent in 2008 to close to 0 percent in 2015, the savings rate increased from 21 percent to 24 percent. The same move can be seen in Denmark and Sweden in more recent years. The motto: If I am getting a lower return on my savings, which lowers my total savings goal, I just have to save more to achieve my target.
Click on the image above to open a larger version in a new window
“So negative interest rates are a conceit of the academic economists who run the monetary institutions of the world. I think the theory is dubious and the practice, as we have seen it so far, is equally doubtful,” said Grant.
“I think this is a terrifically bullish moment for gold. I think it’s a very sad moment for the institution of fiat money. But fiat money has never worked out well in the very long run. Maybe we’re in the very long run,” he added.
Even if all cash were banned and people were forced to accept negative rates on their bank deposits, it may well not lead to more consumption, but merely bid up the prices or other stores of value, like gold.
People may even prefer to own heavy pieces of machinery, art, diamonds, and musical instruments, which preserve purchasing power relatively better than a negative rate on banking deposits. People usually chose those methods to preserve purchasing power during times of hyperinflation, like in the Weimar Republic.
And while stocks and real estate will certainly get a boost, most studies show that real, inflation-adjusted returns are often negative because wrong incentives distort the pricing mechanism. Capital is misallocated, and transactions slow down if people are trading goods and services in gold ingots rather than wire transfers.
In short, the push for negative interest rates and a ban on cash has nothing to do with terrorists or money laundering. It has everything to do with bailing out the banks and trying to remedy central bank policy that didn’t work in the past. As James Grant put it: “Something is going to go wrong is what I’m saying.”
The [Attempted] Final Control: TPP, TTIP, TISA Global Corporate Takeover March 6 2016 | From: 21stCenturyWire
This is a new geopolitical war, taking place between the United States and China.
The rise of the so-called BRICS countries – Brazil, Russia, India, China, and South Africa, along with countless other emerging economies, means that global power relations are gradually tipping away from the Anglo-American Axis, and towards Eurasia.
The Anglo-American corporate confab will not allow this tectonic shift threaten their “interests.” Collectively, what the TPP, TTIP and TISA really are – is a new global governance super structure that overrides individual sovereign nations and their laws, and even the rights of their individual citizens.
Under this new secretive regime, all are subservient to the transnational corporate hive…
WikiLeaks – The US strategy to create a new global legal and economic system: TPP, TTIP, TISA:
How Billionaires Use Non-Profits To Bypass Governments And Force Their Agendas On Humanity March 4 2016 | From: Alternet
As wealth becomes concentrated in fewer hands, so does political and social power via foundations and non-profits.
As wealth becomes concentrated in fewer and fewer hands, the billionaire class is increasingly turning to foundations and non-profits to enact the change they would like to see in the world.
Amid the rise of philanthrocapitalism, growing numbers of critics are raising serious questions about whether this outsized influence is doing more harm than good.
In the January issue of the New York Review of Books, veteran journalist Michael Massing noted that, in the past 15 years alone, “the number of foundations with a billion dollars or more in assets has doubled, to more than eighty.”
The philanthropic sector in the United States is far more significant than in Europe, fueled in part by generous tax write-offs, which the U.S. public subsidizes to the tune of $40 billion a year.
As Massing observes, billionaires are not just handing over their money, they have ideas about how it should be used, and their vision often aligns with their own economic interests. For this reason, the philanthropy industry deserves rigorous scrutiny, not a free pass because it is in the service of good.
Massing’s argument followed a study released in January by the watchdog organization Global Policy Forum, which found that philanthropic foundations are so powerful they are allowing wealthy individuals to bypass governments and international bodies like the United Nations in pursuit of their own agendas.
What’s more, this outsized influence is concentrated in the United States, where 19 out of the top 27 largest foundations are based. These 27 foundations together possess $360 billion, write authors Jens Martens and Karolin Seitz.
Such dramatic wealth accumulation has disturbing implications.
“What is the impact of framing the problems and defining development solutions by applying the business logic of profit-making institutions to philanthropic activities, for instance by results-based management or the focus on technological quick-win solutions in the sectors of health and agriculture?" the report asks.
These questions are not new, as social movements have long raised the alarm about the global impact of the ever-expanding philanthropy sector. In 2010, the international peasant movement La Via Campesina blasted the Bill and Melinda Gates Foundation’s acquisition of Monsanto shares as proof that its role in privatizing the global food supply and exporting big agribusiness, from Africa to North America, should be viewed through a commercial rather than humanitarian lens.
“It is really shocking for the peasant organizations and social movements in Haiti to learn about the decision of the [Gates] Foundation to buy Monsanto shares while it is giving money for agricultural projects in Haiti that promote the company’s seed and agrochemicals,” said Chavannes Jean-Baptiste of the Haitian Peasant Movement of Papaye and Caribbean coordinator of La Via Campesina at the time.
“The peasant organizations in Haiti want to denounce this policy which is against the interests of 80 percent of the Haitian population, and is against peasant agriculture - the base of Haiti’s food production.”
The Gates Foundation more recently fell under scrutiny from the advocacy organization Global Justice Now, which released a report in January raising concerns about the institution’s track record on education, food and health care policies.
“The Gates Foundation has rapidly become the most influential actor in the world of global health and agricultural policies, but there’s no oversight or accountability in how that influence is managed,”said Polly Jones of Global Justice Now.
“This concentration of power and influence is even more problematic when you consider that the philanthropic vision of the Gates Foundation seems to be largely based on the values of corporate America. The foundation is relentlessly promoting big business-based initiatives such as industrial agriculture, private health care and education. But these are all potentially exacerbating the problems of poverty and lack of access to basic resources that the foundation is supposed to be alleviating.”
Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, raised eyebrows in December when they announced they would give away 99 percent of their wealth. As it turned out, this was not a giveaway at all, but a shifting of funds into their own limited liability company (LLC).
Just weeks later, Zuckerberg lashed out at Indian media justice advocates who raised concerns about his company’s efforts to undermine net neutrality protections in their country.
Like many others, Massing is calling for greater transparency, not only for foundations but for think tanks, Hollywood, Silicon Valley and universities. Pointing to the website Inside Philanthropy, whose stated purpose is to “pull back the curtain on one of the most powerful and dynamic forces shaping society,” Massing argues that far greater and better-resourced scrutiny is needed. “There remains the question of how to pay for all this,” writes Massing, posing: “Is there perhaps a consortium of donors out there willing to fund an operation that would part the curtains on its own world?”
But some argue that we already have all the information we need to be concerned. In December, Vandana Shiva, an ecofeminist and activist, wrote in response to Zuckerberg’s move in India that a:
“Ccollective corporate assault is underway globally. Having lined up all their ducks, veterans of corporate America such as Bill Gates are being joined by the next wave of philanthro-corporate Imperialists, including Mark Zuckerberg.”
“It is an enclosure of the commons,” she continued, “which are ‘commons’ because they guarantee access to the commoner, whether it be seed, water, information or internet.”
Cashless Crisis: “With Digital Payments, Civilization Comes To An End Until Power Is Restored” February 28 2016 | From: SHTFPlan As most of the Western world is pushed into abandoning cash and embracing a fully digital cashless grid, it is apparent how vulnerable populations will become in times of crisis.
If the power grid were to go down in a storm or an attack, it is readily apparent that the system of commerce would go down with it; payments would stop and desperate people would line up for help.
Those with their own supplies, barter items and physical commodities will remain the most comfortable, but the very fabric of society could come unglued.
Will they really ban cash when so much could go wrong?
“Cash is being displaced by credit and debit cards, which are themselves beginning to be displaced by new digital currencies and payment systems…
But despite all the advances brought about by the digital revolution, there are still quite a few drawbacks. The most obvious is that it is reliant on electricity. One major hurricane knocking out power, a mid-summer brownout, or a hacker attack on the power grid could bring commerce to a halt.
With cash, transactions are still possible. With digital payments, civilization comes to an end until power is restored. Unless you have food stored or goods with which to barter, you’re out of luck. Just imagine a city like New York with no power and no way to buy or sell anything. It won’t be pretty.
[…]
With digital currencies such as Bitcoin, there is the problem that they are created out of thin air. One bitcoin represents the successful completion of a cryptographic puzzle, but all that means is that some computing power was used up to create a unique electronic file. That’s all it is, just a series of ones and zeros.
There is nothing tangible about Bitcoin and, indeed, if you lose the hard drive on which you stored your bitcoins, those bitcoins are lost forever."
On top of that, the potential for manipulation and the built-in assault of surveillance and tracking is enough to cripple liberties in the world that is cementing its patterns around this new technology.
What happens when online platforms don’t like your speech or your rights? What happens if their policy blocks you from buying something – like a gun – that you have the right to buy, or prevents you from spending your money, potentially freezing your account without notice. Again, the Menger Center makes the point:
“Take a look at PayPal, for instance. PayPal’s terms of service forbid use of the service to buy or sell firearms, firearms parts, or firearms accessories. Many individuals who have used PayPal to sell firearms parts find their accounts frozen or shut down by PayPal.
Similar things have happened to gun stores having their bank accounts frozen or having their credit card payment processors refuse to process…
[…]
Cases such as this will only be more widespread in the future, especially as governments continue to pursue the war on cash. If cash is eliminated and electronic systems become the only way anyone can pay for anything, all it will take is a little bit of government pressure on payment system operators to stop processing payments for X or Y and voila, you can longer buy X or Y.
What good is money in the bank if you can’t use it to buy what you want? In fact, governments may dispense with pressure on payment systems and just monitor transactions as they occur, automatically rejecting payments for goods they don’t want …
Every transaction made electronically can be tracked and traced. If every purchase you make is done electronically, your entire purchase history is open to scrutiny."
The powerful banking lobby, of course, wants a digital cashless system, because it will enrich them with transaction fees and penalties, continue and expand fractional reserve lending, and give them the power to monitor all the transactions, at detailed levels with data for every purchase. But despite this monitoring, money and transactions will not necessarily be more secure.
You cannot “hold” your money, you must be able to access it, and that depends upon authorization of the system. It can be hacked or erased in a split second.
Can you keep the financial system from limiting your rights and invading your privacy?
Keiser Report: War on Cash
And how would America under the digital grid – perhaps 10x worse than Greece when the ATM's are shut down, the banks closed, the grid off and cash eradicated, while the population is forced under the yoke.
Not only is this grid vulnerable, but it is also becoming unavoidable.
Jumping The TPPA Gun Could Backfire [Depending On Your Point Of View] February 25 2016 | From: Greens [This is not a political endorsement but pertinent questions are asked with highly revealing answers]
Yesterday in Parliament I asked the Prime Minister if he is planning to change our laws to implement the Trans-Pacific Partnership Agreement (TPPA), even before it is clear if the US Congress will ratify it.
The Prime Minister said he was going to push ahead with changing our laws and wouldn’t wait to see if the US was going to actually ratify the agreement.
If Congress doesn’t agree to the TPPA, or if the Japanese Parliament doesn’t, the whole deal falls apart. This is because the TPPA requires ratification by countries representing at least 85 percent of the total GDP, and that means the US and Japan have to be on board.
The problem is that it’s far from clear if the US Congress will ever ratify the TPPA in its current form.
A majority is currently opposed. Some members are demanding further concessions for the US tobacco industry or the big pharmaceutical companies, which would be bad for New Zealand.
While President Obama is supportive, none of the Democratic or Republican front-runners to replace him support the TPPA.
We could find ourselves in a lose-lose situation where we’ve changed our laws to suit the TPPA, but the TPPA itself never comes into force so the tariffs and other trade barriers don’t disappear for our exporters.
So then I asked, if the TPPA becomes null and void because the US Congress dumps it, will New Zealand reverse the changes to our laws that we’ll have already made?
The Prime Minister’s answer was no. The Government won’t delay introducing and passing legislation to ratify the TPPA, and then won’t reverse the laws if it doesn’t go ahead.
Figure 1.1: Globalist minion bitches do as instructed
He seems to be saying that we could be left with several alarming changes to our laws, with absolutely no trade benefit in return. These include:
Raising the threshold at which Overseas Investment Office approval is needed from $100 million to $200 million, making it easier for overseas investors to buy up our farmland and industry.
Changing the length of copyright from 50 years to 70 years, with an annual cost of around $55 million. We’ll also need to establish new enforcement powers for Customs, and new civil and criminal penalties for copyright infringement [in part to shut down websites that expose the actions of the criminal cabal].
Changes to the Patents Act, which are likely to complicate Pharmac’s access to cheaper medicines.
Changing the Plant Varieties Act, making it harder for farmers to save seeds for use in the following season, and the Agricultural Compounds and Veterinary Medicines Act to strengthen the rights of agricultural chemical manufacturers.
Changes to the Tariff Act and the Customs and Excise Act – dropping our tariffs for other TPPA countries.
Changes to the Trade Marks Act.
Thankfully, some of the most alarming aspects of the TPPA, such as the investor state dispute process that allows corporations to sue governments, don’t require legislative change. So if the TPPA does fall apart in the US Congress, we won’t have already swallowed that particular dead rat. But we will have swallowed others.
Should I Keep All My Savings In A Bank Or Not? February 21 2016 | From: Jack
In answer to questions about investment and keeping money in the bank for a rainy day in anticipation of an impending global banking liquidity crisis;
Basically the global banks have been printing trillions of dollars out of thin air, and loaning it out to governments, corporations and individuals to buy shares and property thus massively inflating the value of those products. You can see numerous references to this in the Banking Crimes & Criminals section of this website.
This massive mountain of debt is now becoming unsustainable and to temporarily stop the stack of cards from collapsing, they are lowering interest rates down to even negative rates, to delay the inevitable which is now getting very close.
Simplified, this unethical process works like this:
A young farmer bought a farm at the end of WW2 for $NZ3000 dollars. In 2016, because of inflation in the currency it is now worth $10 million, but he is now too old to farm it so wants to sell it.
Another young farmer comes along who wants to buy it but hasn’t got the money to pay for it, so he goes to his local bank who loans him $10 million to buy it (which money the bank has created out of thin air).
The bank give him a cheque, and the young farmer gives the old farmer his $10 million with the bank placing a mort-gage (death-bond in French) over the farm as security for the loan which they have created out of thin air.
The old farmer, who by this time is financially well off retires to his holiday home at the beach, and says to his dear wife. Darling, what shall we do with the proceeds from the farm? Dear, she says, I think we will be conservative and just deposit it back in the bank.
So they go to their local bank to deposit the $10 million back into the same bank that wrote the cheque for the young farmer in the first place.
So all that has happened is that the ownership of the property has been transferred from the old farmer to the bank by way of their mortgage over the security. However, the increase in the deposits held by the bank has risen by $10 million.
In New Zealand, the Reserve Bank of New Zealand calls this rise massive in deposits of money created out of thin air C17 Household Deposits.
They keep a record each month of the growth in these deposits in all the banks registered with the Reserve Bank, as do all other countries controlled by the Bank for International Settlements in Switzerland, in turn controlled by the Bank of England.
If banks did not take this counterfeit toilet paper out of the system, the whole system would collapse and we would have hyperinflation. When the system soon collapses, the banks are going to steal these C17 household deposits and recapitalise the banks with peoples’ saving through a devious system called Open Bank Resolution.
Here are the current statistics of C17 Household deposits of the Reserve Bank of New Zealand, which shows people are re-depositing most of this massive growth in credit back into their savings accounts and superannuation funds – which all will be taken when Open Bank Resolution is implemented.
Click on the image above to open a larger version in a new window
Note the growth in deposits currently is rising at about $1 to $2 billion per month at present – simply horrendous. now with $151 billion sitting in savings accounts or one and a half times the current market capitalisation of the NZ Stock market at present.
They cannot allow this money to be withdrawn to go into share of property investment as it would again double its value over night. As they continue to drop interest rates to negative interest rates, the danger of this happening is guaranteed, and thus is the period that Open Bank Resolution will occur.
Look at the list closely! But a house, commercial property or whatever, but do not leave your life savings in the bank or in a superannuation fund!
The Trans-Pacific Partnership Agreement: Obsolete, At Birth February 20 2016 | From: Werewolf
Already, the European Commission wants to scrap the TPP’s investor-state dispute mechanisms.
One of the great clichés of the Trans Pacific Partnership debate is that the deal is “a comprehensive, high quality, 21st century trade agreement.”
Conveniently, this flatters the self-image of TPP proponents – who like to think of themselves as rational, forward-thinking economic realists, even as they dismiss TPP critics as misinformed, overly emotional, anti-American featherbrains with an ingrained hostility to all forms of free trade.
Prime Minister John Key has gone out of his way to frame the debate in those terms.
So then, what are we to make of the fact that one of the central elements of the TPP – the “investor state dispute settlement” (ISDS) mechanisms – is already obsolete? In November, barely two months after the TPP deal was completed, the European Trade Commission formally presented to the US its proposal to scrap the existing ISDS system, and to replace it in all future trade deals with an Investment Court System.
The EC envisages for instance, that this new system – and not the ISDS tribunals enshrined in the TPP – should govern any and all trade disputes arising from the upcoming Transatlantic Trade and Investment Partnership (TTIP).
"The EU has formally presented to the US its proposal for a reformed approach on investment protection and a new and more transparent system for resolving disputes between investors and states: the Investment Court System...
The final text includes all the key elements of the Commission’s proposal of 16 September, which aims at safeguarding the right to regulate and create a court-like system with an appeal mechanism based on clearly defined rules, with qualified judges and transparent proceedings.
The proposal also includes additional improvements on access to the new system by small and medium sized companies.
The new system would replace the existing investor-to-state dispute settlement (ISDS) mechanism in TTIP and in all ongoing and future EU trade and investment negotiations.
Today marks the end of a long internal process in the EU to develop a modern approach on investment protection and dispute resolution for the TTIP and beyond,” said EC Trade Commissioner Cecilia Malmstrom.
Malmstom has elaborated on the concerns that she has about the current ISDS system. Ironically, her concerns echo the same criticisms of the ISDS tribunals that TPP opponents in New Zealand have expressed, and that the likes of Key and Steven Joyce continue to pooh-pooh.
"From the start of my mandate almost a year ago, ISDS has been one of the most controversial issues in my brief. I met and listened to many people and organisations, including NGOs, which voiced a number of concerns about the old, traditional system.
It’s clear to me that all these complaints had one common feature – that there is a fundamental and widespread lack of trust by the public in the fairness and impartiality of the old ISDS model. This has significantly affected the public’s acceptance of ISDS and of companies bringing such cases."
So how do we create public trust?
Malmstrom asks herself:
"We need to introduce the same elements that lead citizens to trust their domestic courts. Concretely, I want to restore trust by setting up an Investment Court System under TTIP – one that is accountable, transparent and subject to democratic principles.
It will be judges, not arbitrators, who sit on these cases. They must have qualifications comparable to those found in national domestic courts, or in international courts such as the International Court of Justice or the WTO Appellate Body.
Also – the judges will be publically appointed in advance. And, like in courts, you won’t be able to choose which judges hear your case. Furthermore, we will guarantee there is no conflict of interest. Again, like in domestic and international courts, the judges won’t be able to continue any activities which might interfere with their judicial functions. Finally, I want to introduce an Appeal Tribunal. Just like in domestic legal systems and the World Trade Organization.
The Investment Court System will also enshrine governments’ right to regulate. Our proposal includes a direct instruction to the judges, which the appeal tribunal will ensure is properly respected. All this will be done in a system where there is even greater transparency than in domestic courts, with all documents online and all hearings open to the public.
In other words, the European Trade Commissioner has heard, and shares, many of the same concerns that TPP opponents have voiced about the foreign investment mechanisms contained in the TPP. Moreover, the EC has formally proposed a means to resolve them.
So… why should New Zealand – which has two years to ratify the TPP – rush into:
a) Ratifying an ISDS process that the European Commission has deemed to be faulty and
b) Where an alternative system that resolves many of its faults is in train and which
c) Is very likely to be included in the next cab off the global trade rank : the TTIP. Surely, even Phil Goff can see the wisdom of holding fire, and implementing what Malmstrom is advocating.
If we want a TPP that is truly a high quality, comprehensive, 21st century deal the answer is obvious : we should wait for as long as is possible within the two year window open to us, and seek to incorporate the Investment Court System within it. ( Probably, the US Congress won’t be voting to ratify the TPP until 2017.)
That wouldn’t make the TPP an ideal document, or even a very good deal for the wider public. But it would improve it, and it would help to remove one of the central, entirely valid public objections to it.
At the very least, we should not be rushing into rubber-stamping a deal whose most contentious feature is outmoded and out of step with where trade policy is now headed, via the upcoming TTIP.
In the meantime, Key and Joyce should stop badmouthing the New Zealanders who feel concerned about ISDS. Because it is Key and Joyce who are pushing an out-of-date measure that was never fit for purpose.
Throughout the debate on the TPP, there have been claims and counter claims about whether ISDS mechanisms do pose a threat to this nation’s sovereignty. Proponents point to previous trade deals containing ISDS provisions that have not – yet – resulted in threats to sovereignty.
These ‘so far, so good’ responses are illogical – in that they don’t follow the same logic that we pursue in areas such as arms proliferation, where we pre-emptively try to minimise the dissemination of potential dangers, rather than waiting for them to blow up in our face before deciding to act.
In that respect, surprisingly little of the sovereignty debate on the TPP has mentioned the precedents that exist in ISDS case law, which give ample reason for concern about the ability of nation states to remain able to regulate in the public interest. The rest of this article will cite some of the relevant precedents.
1. Actions Against Government’s Regulating for Environmental Reasons
Example : Bilcon of Delaware Inc v Canada et al.
One of the most contentious areas of ISDS case law is the extent to which countries can be held liable after:
a) Giving investors every indication that a project would be welcome and would proceed, but then
b) Backtracking after factors such as the environmental impact (and the political reactions to it) have been assessed. Ultimately, it all hinges on the extent to which the early representations made by the host state (or region) are deemed to have aroused ‘legitimate expectations’ among the investors that then qualify them for compensation if the project is subsequently quashed.
Obviously, countries (and needy regions) routinely make rosy overtures to investors before the full implications (and the environmental impacts and political blowback) of the project become known. Not all of these enticements render the host country legally liable.
Yet one can readily imagine the likes of John Key or Murray McCully or Steven Joyce promising the moon to a wealthy prospective foreign investor in New Zealand’s oil exploration or mining sectors, and then ordering public servants to make it happen. Any rash promises (that the permit system will be no problem etc) can return to bite a host country, in court.
Because under certain conditions, such enticements generate ‘legitimate expectations’ under the ‘fair and equitable treatment’ standard. The question becomes one of just how specific, and just how unambiguous those enticements must be in order to land the host country in multi-million dollar trouble.
The relevant cases here are Waste Management v United Mexican States, Parkerings-Compagniet AS v Republic of Lithuania, and Sampra Energy International v the Argentine Republic. In that last case, the ruling confirmed that the ‘ legitimate expectations’ rule applies ‘when the investment has been attracted and induced by means of assurances and representations.’
The 2015 case that put major heat on the TPP negotiators to reach a consensus wording about when and how ISDS provisions should apply was Bilcon v Canada, a case taken under the NAFTA trade deal.
In a majority opinion delivered last March, the courts found that Canada had to pay compensation to US investors who had been planning to build a quarry in Nova Scotia – that is, until regional and federal panels vetoed the quarry on the grounds that it would damage the environment and would ‘breach core community values.’
A Toronto Globe and Mail article on the Bilcon case can be found here.
This ruling now lays Canada open to a $300 million damages suit. It came just one month after Canada was ordered to pay $US17.3 million in compensation to Exxon Mobil (and its joint partner) after an ISDS panel ruled that the provinces of Newfoundland and Labrador had violated NAFTA by imposing research requirements retro-actively onto offshore oil producers, as part of a benefits package to the local regions adjacent to where the oil was being extracted.
As University of Vienna legal expert Stefan Dudas has pointed out, the Bilcon finding against Canada was all the more important given the ‘abundance’ of ISDS treaty disputes worldwide that are related to the mining sector.
"There are more than 130 cases registered with ICSID [World Bank}alone that deal with oil, gas and mining disputes, and broken promises by host state officials is a recurring issue.”
The Bilcon firm successfully argued that Nova Scotia and Canada had shifted the goalposts on the environmental standards for the quarry after the company had responded to their welcoming noises, and Bilcon further alleged that this change of heart had been politically driven.
In his minority dissent, as reported in the Toronto Globe and Mail article cited above, University of Ottawa law professor Donald McRae counter-claimed that the Bilcon ruling represents a ‘significant intrusion’ into domestic jurisdiction, and would ‘create a chill’ among environmental review panels that will now be reluctant to rule against projects that would cause undue harm to the environment, or to human health.
Dudas, while sympathetic to the investors, reaches a not dissimilar conclusion about the Bilcon outcome :
"[It] confirms that host State representations, assurances or promises aimed at persuading a specific investor to make an investment commitment may give rise to reasonable expectations that can result in, or at least serve as starting point for a breach of the international minimum standard of treatment if the State does not live up to its word…..
While one may understand the desire of capital-importing states to attract foreign investments….a lesson to be learnt from past experience is that encouragements to invest by state officials should not be taken lightly, especially when environmental-law concerns are at stake."
So how does this relate to the TPP? Last September, the influential US Congressman Sander Levin wrote a well publicised memo seeking re-assurance that TPP negotiators would devise language to shut the stable door on the ISDS provisions, in order to ensure:
a) That the Bilcon findings could not be repeated and
b) That the burden of proof was shifted onto the investor, by requiring them to prove that any damage done to their ‘realistic’ profit expectations had truly been due to ‘arbitrary’ changes of policy by the host country.
Unfortunately, such sensible safeguards have not been built into the final TPP text – and safeguards that were contained in a leaked 2012 TPP draft of the ISDS provisions have now been dropped. Certainly, some side issues have been addressed.
Tobacco health policy by governments has been exempted from ISDS challenge, and frivolous suits will be harder to bring – yet the ambit of what can be subject to ISDS challenge has actually been expanded. Financial regulation will now be subject to ISDS.
This means that – for example – the government’s discretion to regulate the marketing of the kind of toxic instruments that created the GFC only six years ago, will henceforth be liable to ISDS challenge. Also, under the finalized TPP, the World Trade Organization rules on the creation, limitation or revocation of intellectual property rights will be ISDS-actionable. Before now, this wasn’t the case.
The list goes on…under the final TPP text, no requirement has been placed on disgruntled foreign investors to first seek redress in the New Zealand courts before launching their ISDS actions.
As a consequence, foreign firms will be free to bypassd our courts and shop around overseas for an ISDS tribunal with a track record of sympathy for their grievances.
Even when governments win, they will remain be liable for ISDS tribunal costs, which as Public Citizen has pointed out, currently average around $US8 million per case. Crucially, the burden of proof in ISDS cases has not been shifted in line with the Levin memo.
It is easy to see why multinational corporations – having just had their powers to challenge, punish and intimidate sovereign governments via the ISDS tribunals whose reach has just expanded by the TPP – would be hostile to the more impartial and more transparent judicial system that Malmstrom and the European Commission is proposing to replace the ISDS tribunals.
Obviously, any future court cannot allow itself to be shackled by the narrow and flawed precedents set by that system.
In the coming weeks and months, John Key and his fellow travellers (eg, Phil Goff ) should explain why they would want to rush to ratify the TPP and the ISDS provisions it contains, when a fairer system that’s better able to allay public fears, is already waiting in the wings.
Footnote : Here are some other cases that illustrate how the ISDS procedures pose a genuine risk to the sovereign right of governments to rule in the public good. Much of this subsequent information comes from Pia Eberhardt’s July 2014 report “Investment Protection At A Crossroads” published by Friedrich Ebert Stiftung, a think tank associated with the Social Democratic Party (SPD). Since December 2013, the SPD has been part of a grand coalition led by Angela Merkel. Where I can, I’ve updated Eberhardt’s paper.
2. ISDS Actions Against Governments Seeking to Phase out Nuclear Plants
Example:Vattenfall v. Germany (II):
Aberhardt’s precis: ‘Since 2012, the Swedish power company Vattenfall has been suing the German government on the basis of investment protection rules in the multilateral Energy Charter Treaty.
Vattenfall wants over 3.7 billion euros in compensation for the decommissioning of the Krümmel and Brunsbuttel nuclear power plants in the context of the German nuclear phase-out following the Fukushima disaster.
Both of these fault-prone reactors were already offline when the German parliament passed the law to phase out nuclear power.’
"The Vattenfall I Dispute Case (2009–2011) Regarding Environmental Regulations Applying to the Coal-Fired Power Plant Hamburg-Moorburg In 2009, the company Vattenfall filed its first complaint against the German federal government with the ICSID in Washington, D.C. This was the first (known) investor-state arbitration procedure against Germany.
At issue in that case was the construction of a new coal-fired power plant in Hamburg-Moorburg, situated on the River Elbe. The Hamburg Environmental Authority had issued a licence imposing water quality standards, which, according to Vattenfall, made the whole investment project “unviable.“
The corporation argued that the environmental permit violated the provisions set out in Part 3 of the Energy Charter Treaty regarding the promotion and protection of investments and proceeded to file a compensation claim against Germany of about €1.4 billion, plus arbitration costs and interest.
The dispute between Germany and Vattenfall was settled in the spring of 2011, with Germany agreeing to a watered down environmental permit in favour of the corporation."
It should be noted that this watering down of government regulation occurred even though the claim that Vattenfall had suffered damage had been rejected by the ISDS panel.
3. ISDS Actions Against Governments Seeking to Regulate to Limit the Environmental Damage Caused by Fracking
Example: Lone Pine v. Canada:
Aberhardt summary: ‘The oil and gas company Lone Pine has been suing Canada since 2012 for $250 million in Canadian dollars in damages. Because of the danger of environmental destruction posed by fracking, the province of Quebec issued a moratorium on the controversial deep drilling technique and in this context revoked a number of drilling licenses.'
Lone Pine is headquartered in Canada, but it is suing the country through a letterbox company in the US tax haven of Delaware based on the investment protection provisions in the North American Free Trade Agreement (NAFTA) between the US, Canada and Mexico.
My footnote : this case seems to be ongoing. This confidentiality order issued in March 2015 and the subsequent redactions perfectly illustrate the difficulty in the public gaining any transparency about the ISDS tribunal procedures, even though the public may end up footing the bill.
4. ISDS Actions Against Governments Seeking to Regulate to Ensure Water Protection
Example: Pacific Rim v. El Salvador:
Aberhardt : ‘Since 2009, the mining company Pacific Rim has been conducting a lawsuit against a mining moratorium in El Salvador based on the investment protection rules in the Central America Free Trade Agreement (CAFTA) between the United States and several Central American countries.
The moratorium was imposed following massive popular protests against environmental destruction and water pollution from mining activities. Because Pacific Rim cannot open its planned gold mine »El Dorado« as a result, the corporation wants 301 million US dollars in compensation for the loss of the expected profits, hence about 1 per cent of the gross domestic product of the country.
Pacific Rim is headquartered in Canada (which is not a party to CAFTA) and is conducting its action through a subsidiary in the US state of Nevada.’
My footnote : a January 2016 Counterpunch article on the fracking/water protection issues in North America with respect to ISDS can be found here.
5. ISDS Actions to Limit Corporations Having to Pay Compensation for Environmental Crimes
Example: Chevron v. Ecuador:
Eberhardt: 'Since 2009, the US multinational oil company Chevron has been suing Ecuador on the basis of the United States-Ecuador investment agreement, because it had been sentenced by Ecuadorian courts to pay 9.5 billion US dollars in compensation to indigenous communities for massive environmental pollution – wrongly, according to Chevron.
To date, the three-man tribunal which is hearing the case has found in favour of the corporation and has called upon the government of Ecuador not to carry out the sentence.
Lovin' their Loosh
The fact that Ecuador has rejected this by appeal to the separation of powers in its constitution is now being interpreted by Chevron as a violation of the standard of »fair and equitable negotiation« in investment law – for which Chevron is in turn seeking compensation.'
My footnote. On January 20, 2016, a District Court of Justice panel in the Hague found in favour of Chevron on its counterclaim for a $106 million arbitration award against Ecuador. The International Court has not yet ruled on the central $9.5 billion claim. Ecuador is appealing the arbitration decision.
Clearly, this case should be special interest to Maori in their role as kaitiaki over customary rights, in the event of an oil spill. Ecuador is not only being denied compensation for the pollution damage that its indigenous communities have suffered at the hands of Big Oil, but it has been successfully counter-sued by Chevron for the way it went about bringing its suit.
6. ISDS Actions Against Governments Trying to Regulate to Protect their Banking Systems
Example: Poštová Banka & Istro-kapital v. Greece:
Eberhardt: 'The Slovak Poštová Banka and its Cypriot shareholder Istrokapital have been suing Greece since 2013 on account of the haircut on the country’s sovereign debt. In 2010, Poštová Banka had bought Greek government bonds at a knockdown price.
When Greece was negotiating a reduction of the debts with its creditors two years later, the bank opposed the haircut. The legal basis for the action is provided by bilateral investment agreements between Greece and Slovakia and between Greece and Cyprus. The level of damages demanded is not known.'
Again, this ruling should be of interest to New Zealand, given the widening of the TPP’s ambit to include financial regulation.
7. ISDS Actions to Prevent Governments from Regulating to Raise the Minimum Wage
Example: Veolia v. Egypt:
Eberhardt summary: 'Since 2012, the French utility company Veolia has been suing Egypt based on the bilateral investment agreement between France and Egypt for an alleged breach of a contract for waste disposal in the city of Alexandria.
The city had refused to make changes to the contract which Veolia wanted in order to meet higher costs – in part due to the introduction of a minimum wage. In addition, according to Veolia, the local police had failed to prevent the massive theft of dustbins by the local population. According to media reports, Veolia wants 82 million euros in compensation.'
My footnote : as far as I can tell, this case is still pending. But there is a more extensive account of the case – and that is more sympathetic to Veolia – available here.
8. ISDS Actions to Prevent Governments to Acting Reverse the Illegal Privatisation of State Assets
Example: Indorama v. Egypt:
Eberhardt summary : 'Since 2011, the Indonesian textile group Indorama has been suing Egypt because an Egyptian court ordered the re-nationalization of a textile factory that had been privatized – according to the court, unlawfully – under the Mubarak regime.
The judgement had been preceded by a strike and occupations by textile workers calling for the re-nationalization of the company and for better working conditions and wages.' (Perry 2011)
My footnote : this case was finally settled in July 2015. The company claimed $150 million as compensation; the settlement awarded them $55 million.
9. ISDS Actions to Prevent Governments from Regulating to Ensure Cheaper Medicines
Example : Eli Lilly v. Canada:
Eberhardt: 'The US pharmaceutical company Eli Lilly has been conducting an action since 2013 against Canada’s patent law on the basis of the investor protection in NAFTA, because Canadian courts had declared two of its patents on medicines void.
The patents for Strattera to treat attention deficit and hyperactivity disorder and Zyprexa to treat schizophrenia were revoked because the promised benefit had not been adequately demonstrated in a short test phase with a small number of test persons.
Eli Lilly wants 500 million US dollars in compensation and is also attacking Canadian patent law, according to which a patent is granted only if the promised benefits of an invention can be adequately proven at the time of the patent application.'
10. ISDS Actions to Prevent Governments from Regulating in Favour of Environmental Protection
Example: Renco v. Peru:
Eberhardt: 'Because the mining company Doe Run had not satisfied the promised environmental protection measures at a metal smelting plant in the town of La Oroya in the Peruvian Andes, the government revoked its operating licence.
As a result, the corporation has been conducting a lawsuit since 2011 based on the bilateral United States-Peru free trade agreement through its US parent, the Renco Group, for 800 million US dollars in damages.
Environmental organizations have repeatedly declared La Oroya to be one of the most polluted places in the world…'
The Strangest Banking Trend that No One Thought Could Happen, Is Happening February 19 2016 | From: AtlasObscura
For centuries, if you gave someone a loan, that money usually came with a cost. This cost, otherwise known as interest, whether formalised in legal documents, agreed to with a handshake, or enforced with an implicit or explicit threat, was one of the few constants in banking.
But for some of the world’s largest government banks, an idea that was dismissed as outlandish has recently become a strange reality: negative interest rates.
It's exactly as it sounds - Banks can now charge people for the privilege of holding their money.
This would seem to de-incentivize formerly desired behavior. Why would depositors continue to buy government bonds if it made more financial sense, on paper, to stuff it in their mattress?
In 2009, however, Sweden became the first country in modern times to lower interest rates below zero, both to fight the 2008 financial crisis and to avoid a so-called liquidity trap, when money becomes trapped in government banks.
Less than five years later, the European Central Bank, which administers monetary policy for the eurozone, also installed negative interest rates - currently at negative 0.3 percent.
Government banks for years encouraged spending by lowering interest rates on government bonds and other investments, getting ever closer to zero and, in the process, steering depositors toward spending money instead of stashing it away.
The influential British economist John Maynard Keynes [cabal minion - pictured left] predicted decades ago that government banks might someday consider negative interest rates to hasten this process, in part to help fight low inflation or deflation.
But Keynes didn’t actually think it would happen, not expecting that anyone would pay banks to hold their money instead of withdrawing it as cash.
Yet, Sweden’s 2009 lowering of rates - seemingly without many of the negative consequences that some economists had predicted - paved the way for larger government banks to experiment with the approach.
The European Central Bank lowered its rate twice more after initially going below zero in June 2014.
The phenomenon created ripples stateside even though negative interest rates remain a tough sell in the U.S. Investors felt the most immediate effects, as bank stocks in Europe took a dive after government banks went below zero.
Consumers may see lower rates but negative interest rates doesn't mean that, say, banks will suddenly give you money when you take out loans. Retail banks probably won't be charging consumer depositors to hold their money any time soon, lest they risk a bank run.
Anything is possible, though. Their swift transformation from theoretical abstraction to real possibility seemed unlikely as soon as three years ago, when former Treasury Secretary Larry Summers floated the idea, only to be dismissed by many economists, who argued then that negative interest rates would unnecessarily spook investors.
“It could affect confidence and be a challenge to the animal spirits,” Joseph LaVorgna, the chief economist for Deutsche Bank, told Bloomberg then.
Other commentators insisted that negative interest rates would likely never happen on American soil, because, as economics blogger Felix Salmon said, they were possibly "un-American.”
(Salmon did allow for the possibility that it was more of a psychological problem than a real one. If you pay fees on your checking account, he pointed out, you’re likely already paying a negative interest rate in real terms, even if you don’t know it.)
American officials also expressed skepticism. Negative interest rates weren’t an idea they considered “very seriously,” Federal Reserve Chair Janet Yellen said in September 2015. (Some experts, meanwhile, questioned whether negative rates could potentially expose the Fed to legal risk, though the courts have generally given the Fed wide latitude in administering monetary policy.)
Just last week, however, Yellen walked back previous statements that going below zero wasn’t much of a possibility. Yellen said that a chance of a recession in 2016 meant that the Fed would be considering every option for boosting the economy, including negative interest rates.
"The EU should have the power to police and interfere in member states’ national budgets.
...
I am certain, if we want to restore confidence in the eurozone, countries will have to transfer part of their sovereignty to the European level.
...
Several governments have not yet understood that they lost their national sovereignty long ago. Because they ran up huge debts in the past, they are now dependent on the goodwill of the financial markets."
What about America’s central bank… the Federal Reserve? Initially – contrary to what many Americans believe – the Federal Reserve had admitted that it is not really federal (more).
But – even if it’s not part of the government – hasn’t the Fed acted in America’s interest? Let’s have a look …
Threw money at “several billionaires and tens of multi-millionaires”, including billionaire businessman H. Wayne Huizenga, billionaire Michael Dell of Dell computer, billionaire hedge fund manager John Paulson, billionaire private equity honcho J. Christopher Flowers, and the wife of Morgan Stanley CEO John Mack
Artificially “front-loaded an enormous [stock] market rally”. Professor G. William Domhoff demonstrated that the richest 10% own 81% of all stocks and mutual funds (the top 1% own 35%). The great majority of Americans – the bottom 90% – own less than 20% of all stocks and mutual funds. So the Fed’s effort overwhelmingly benefits the wealthiest Americans … and wealthy foreigninvestors
Acted as cheerleader in chief for unregulated use of derivatives at least as far back as 1999 (see thisand this), and is now backstopping derivatives loss
Allowed the giant banks to grow into mega-banks, even though most independent economists and financial experts say that the economy will not recover until the giant banks are broken up. For example, Citigroup’s former chief executive says that when Citigroup was formed in 1998 out of the merger of banking and insurance giants, Greenspan told him, “I have nothing against size. It doesn’t bother me at all”
Preached that a new bubble be blown every time the last one bursts
Had a hand in Watergate and arming Saddam Hussein, according to an economist with the U.S. House of Representatives Financial Services Committee for eleven years, assisting with oversight of the Federal Reserve, and subsequently Professor of Public Affairs at the University of Texas at Austin. See this and this
Tim Geithner – as head of the Federal Reserve Bank of New York – was complicit in Lehman’s accounting fraud, (and see this), and pushed to pay AIG’s CDS counterparties at full value, and then to keep the deal secret. And as Robert Reich notes,
Geithner was “very much in the center of the action” regarding the secret bail out of Bear Stearns without Congressional approval. William Black points out:
"Mr. Geithner as President of the Federal Reserve Bank of New York since October 2003, was one of those senior regulators who failed to take any effective regulatory action to prevent the crisis, but instead covered up its depth”
They also say that the Fed does not help stabilize the economy. For example:
"Thomas Sargent, the New York University professor who was announced Monday as a winner of the Nobel in economics … cites Walter Bagehot, who “said that what he called a ‘natural’ competitive banking system without a ‘central’ bank would be better…. ‘nothing can be more surely established by a larger experience than that a Government which interferes with any trade injures that trade. The best thing undeniably that a Government can do with the Money Market is to let it take care of itself.’”
Earlier U.S. central banks caused mischief, as well. For example, Austrian economist Murray Rothbard wrote:
"The panics of 1837 and 1839 … were the consequence of a massive inflationary boom fueled by the Whig-run Second Bank of the United States.
Indeed, the Revolutionary War was largely due to the actions of the world’s first central bank, the Bank of England.
When he arrived, he was surprised to find rampant unemployment and poverty among the British working classes… Franklin was then asked how the American colonies managed to collect enough money to support their poor houses. He reportedly replied:
“We have no poor houses in the Colonies; and if we had some, there would be nobody to put in them, since there is, in the Colonies, not a single unemployed person, neither beggars nor tramps.”
In 1764, the Bank of England used its influence on Parliament to get a Currency Act passed that made it illegal for any of the colonies to print their own money. The colonists were forced to pay all future taxes to Britain in silver or gold. Anyone lacking in those precious metals had to borrow them at interest from the banks.
Only a year later, Franklin said, the streets of the colonies were filled with unemployed beggars, just as they were in England. The money supply had suddenly been reduced by half, leaving insufficient funds to pay for the goods and services these workers could have provided.
He maintained that it was “the poverty caused by the bad influence of the English bankers on the Parliament which has caused in the colonies hatred of the English and . . . the Revolutionary War.” This, he said, was the real reason for the Revolution: “the colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the colonies their money, which created unemployment and dissatisfaction.”
And things are getting worse … rather than better. As Professor Werner tells Washington’s Blog:
"Central banks have legally become more and more powerful in the past 30 years across the globe, yet they have become de facto less and less accountable. In fact, as I warned in my book New Paradigm in Macroeconomics in 2005, after each of the ‘recurring banking crises’, central banks are usually handed even more powers.
This also happened after the 2008 crisis. [Background here and here.] So it is clear we have a regulatory moral hazard problem: central banks seem to benefit from crises. No wonder the rise of central banks to ever larger legal powers has been accompanied not by fewer and smaller business cycles and crises, but more crises and of larger amplitude."
"Nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.”
This system is to be controlled “in a feudalist fashion by the central banks of the world acting in concert by secret agreements,” central banks that “were themselves private corporations.”
Given the facts set forth above, this may be yet another conspiracy theory confirmed as conspiracy fact.
Conspiracy: This Is Why Brazil Is Ground Zero For The Latest Bio-Engineered Pandemic February 11 2016 | From: TheMilleniumReport
Every Major Disease Outbreak Has Been Manufactured in the Biological Weapons Laboratories of the Western Powers.
The U.S. and U.K. possess the most advanced scientific knowledge and applied technology for producing bio-weaponry, which they routinely utilize to create bio-weapons of mass destruction.
Decades ago the Military-Industrial Complex (MIC) of the United States of America (in collaboration with their British counterparts) committed itself to the deliberate path of exerting full-spectrum dominance over the entire planetary realm.
The essentially Anglo-American Military-Industrial Complex undertook various and sundry endeavors simultaneously in order to fulfill this ‘critical’ mission to attain and maintain world domination.
Not only did the MIC achieve nuclear superiority within the world community of nations, the U.S. Armed Services also created a global network of military bases unrivaled in world history.
One of the key pillars of attaining full spectrum dominance is the capacity to execute bio-weaponry programs surreptitiously, quickly and efficiently… anywhere on Planet Earth.
Toward that end the many bio-weapons laboratories which now dot the landscape of the USA have worked assiduously to fabricate the perfect biological weapons for the ‘right’ applications and ‘perfect’ situations.
It’s important to understand that the USA and UK form the very backbone of a supranational entity known as the Anglo-American Axis[1]. This large group of countries, which is dedicated to maintaining the Anglo-American Empire - by every means possible - has been locked in a century-long war against the BRICS nations.
As a matter of fact, the First and Second World Wars were both waged in an effort to establish the USA as the military arm of the New World Order.
NATO is merely an extension of the Anglo-American military juggernaut.
Although it has not been declared, a full-blown World War III has been and is being waged under the radar between the AAA and the BRICS.
The entire Middle East is obviously just one major military theater of this ongoing global conflict. So are Africa and South America. Only on those two continents the preferred weapons of mass destruction are of a biological nature.
History of Genocide via Bio-Weapons
You see, the white man learned long ago that the people of the African continent are deathly afraid of contagious diseases and infectious epidemics. The populations of many of the South American countries suffer from the very same phobia.
They don’t understand illness and disease the way that the educated and industrialized nations of the Northern Hemisphere do. There is much superstition which still surrounds any kind of disease outbreak, especially throughout the rural areas. The resulting taboos run very deep throughout society.
With this hidden knowledge it is now quite easy to understand why so many disease outbreaks first occur in either Africa or South America. Whether it is Ebola in West Africa or the West Nile Virus in East Africa, HIV/AIDS in West Central Africa or Malaria anywhere in Africa, Chagas disease in South America or Dengue fever throughout the whole Southern Hemisphere, so many ‘pandemics’ find their origins “south of the border”.
No one denies that the southern climes and predominant biota cultivate an extremely conducive environment for mosquito-borne diseases and the like. This scientific fact is quite well established.
The point here is that because these ‘scary’ diseases are well known among the local populations, they can be furtively spread by those who wish to do them harm by their silent enemies to the north.
The deliberate vector of disseminations are many to include stealth vaccinations, GMO mosquitoes, tainted prescriptions, contaminated water supplies, infected farm animals, toxic produce, corrupted restaurant food, chemtrail aerosols, etc.
This is a subtle but very important point. These diseases are known to be common in these regions of the world; therefore, no one suspects that they have been meticulously weaponized to make them much more deadly.
They have also been precisely bio-engineered to target specific gene pools and bloodlines.
In this fashion the Indigenous Peoples can be gradually killed off so that they no longer pose an obstacle to giving up their lands to the covetous Anglo-American corporate interests.
This very same tactic was of course used against the Native American Indians by the U.S. Federal Government that was determined to wipe out the tribes across America in order to steal their lands. That strategy really worked like a charm for them. And they have never forgotten it.
After all, how could the Indian warriors, who contracted smallpox from the blankets provided to them by the ‘friendly’ white brothers, ever fight on the harsh battlefields?
As for the Indigenous Peoples of Brazil, how are they expected to respond to a terrible disease that shrinks the human head and arrests brain development. Yes, that is what the Zika virus does, unless the public is being misled about the true source of this medical crisis.
Fast Forward to the 2016 Olympics in Brazil
Whenever bio-weapons of mass destruction are used with such great effect there are always several goals on the agenda of the perpetrators. The Zika virus outbreak is no exception.
Because of where the exact ground zero of this explosive epidemic is located in Brazil, it is certain that this public health disaster was quite purposefully manufactured there to disrupt the 2016 Summer Olympics.
Brazil has already been under continuous assault by the AAA, as it represents the South American cornerstone of the BRICS economic union. The Brazilian economy is also the largest in South and Central America, therefore, it provides a much-needed financial engine to keep the BRICS momentum going throughout the world.
The AAA knew that if they took down Brazil economically, as they have been doing relentlessly on the political front, the BRICS union would be weakened considerably. The new world reserve currency would then likely stay with the still dominant petrodollar during this crucial period where it is also under serious assault.
Both Russia and China have already undermined the petrodollar in profound and irreparable ways. So have Iran and India and other quieter BRICS-aligned nations
The important point about Brazil is that a substantial amount of public money and resources have been allocated to this formidable and demanding enterprise known as the Summer Olympics. The private sector, as always, has also dedicated much investment to making the Olympics a commercial success.
With the Zika virus and ensuing epidemic raging in the back yard of Rio de Janeiro, what else could be expected but the second prong of the AAA strategy to sabotage the 2016 Summer Olympiad.
What better way to further destroy the fragile Brazilian economy and sap the spirit of the nation?!
Conclusion
The Anglo-American corporatocracy has enjoyed the status of global hegemon since the advent of the Industrial Revolution. Because of the rapacious nature of the predatory capitalism that it systematically employs, it only knows how to take from those who have what they want. This is the way it has always been since the incorporation of the East India Company in London in 1600.
The Huge difference between now and when India was pillaged, China was plundered and Africa was raped is that the BRICS are now well aware of the true enemy and its unrelenting tactics.
Russia and China, India and Brazil, Iran and South Africa are under constant attack by the AAA. However, they now have a very secret weapon that is being trained on the City of London and Washington, D.C.
More accurately, the BRICS have a number of secret weapons which will be employed with great consequence and awesome effect on the primary nations of the AAA. Part II of this series will further discuss those secret weapons. In the meantime, the reader is encouraged to contemplate the overwhelming repercussions of just one of those weapons known as: Free Enegy
Editor’s Note
It has been rightly pointed out by many that the looming Zika virus ‘pandemic’ may be to a great extent based on fraudulent data and false information. Inasmuch as it is being reported by those agencies like WHO which are completely controlled by the AAA, why should the MSM ever be believed?
Because of all the fake false flags and fictitious disease outbreaks occurring over many decades such as the recent Ebola scare, it’s clear that these trumpeted pandemics have a huge component of purposefully deceptive reporting.
However, it is virtually impossible to ferret out the truth about a manufactured and bogus pandemic. To what degree is there a real mosquito-borne Zika virus causing the profiled symptoms is extremely difficult to say. Especially given the typical demographics of these types of mosquito-borne public health disasters, it’s even more challenging to arrive at the truth. After all, they ALL occur in virtually the same geographic areas.
With that said, we leave it up to the reader to decide how much of this fastidiously ZIKA health scare is real disease and how much is phony baloney.
Author’s Note
We almost forgot to mention what the original source of the Zika virus was, as well as who originally deposited it in 1947 - the Rockefeller Foundation.
Click on the image above to open a larger version in a new window
The Anglo-American Axis is represented, first and foremost, by the major English-speaking countries of the world: USA, UK, Canada, Australia, New Zealand and Israel. The European member nations of NATO, such as Germany, France, Italy, Spain, Portugal, Belgium, Luxembourg and the Netherlands are also closely aligned with the AAA as are all the Scandinavian countries. So are the Asian Pacific Rim nations of Japan, South Korea, Taiwan and the Philippines.
Saudi Arabia, Turkey, Egypt, Pakistan, Kuwait, Jordan, Bahrain, United Arab Emirates, and Qatar also owe their allegiance to the AAA but some of these may be changing. The World Shadow Government is an ultra-secret, supranational organization which completely controls the Anglo-American Axis, as well as the European Union, NATO, among many other institutional entities which constitute the Global Control Matrix.
Some Of The Biggest Lies Of Science February 11 2016 | From: ActivistTeacher
The maintenance of the hierarchical structures that control our lives depends on Pinter’s “vast tapestry of lies upon which we feed.”
The maintenance of the hierarchical structures that control our lives depends on Pinter’s “vast tapestry of lies upon which we feed.” Therefore the main institutions that embed us into the hierarchy, such as schools, universities, and mass media and entertainment corporations, have a primary function to create and maintain this tapestry. This includes establishment scientists and all service intellectuals in charge of “interpreting” reality.
In fact, the scientists and “experts” define reality in order to bring it into conformation with the always-adapting dominant mental tapestry of the moment.
“[T]he majority of politicians, on the evidence available to us, are interested not in truth but in power and in the maintenance of that power.
To maintain that power it is essential that people remain in ignorance, that they live in ignorance of the truth, even the truth of their own lives. What surrounds us therefore is a vast tapestry of lies, upon which we feed.”
– Harold Pinter, Nobel Lecture (Literature), 2005
They also invent and build new branches of the tapestry that serve specific power groups by providing new avenues of exploitation. These high priests are rewarded with high class status.
The Money Lie
The economists are a most significant example. It is probably not an accident that in the United States at the end of the nineteenth century the economists were the first professional analysts to be “broken in,” in a battle that defined the limits of academic freedom in universities. The academic system would from that point on impose a strict operational separation between inquiry and theorizing as acceptable and social reform as unacceptable.
Any academic wishing to preserve her position understood what this meant.
As a side product, academics became virtuosos at nurturing a self-image of importance despite this fatal limitation on their societal relevance, with verbiage such as: The truth is our most powerful weapon, the pen is mightier than the sword, a good idea can change the world, reason will take us out of darkness, etc.
So the enterprise of economics became devoted to masking the lie about money. Bad lending practice, price fixing and monopolistic controls were the main threats to the natural justice of a free market, and occurred only as errors in a mostly self-regulating system that could be moderated via adjustments of interest rates and other “safeguards.”
Meanwhile no mainstream economic theory makes any mention of the fact that money itself is created wholesale in a fractional reserve banking system owned by secret private interests given a licence to fabricate and deliver debt that must be paid back (with interest) from the real economy, thereby continuously concentrating ownership and power over all local and regional economies.
The rest of us have to earn money rather than simply fabricate it and we never own more when we die. The middle class either pays rent or a mortgage. Wage slavery is perpetuated and degraded in stable areas and installed in its most vicious varieties in all newly conquered territories.
It is quite remarkable that the largest exploitation scam (private money creation as debt) ever enacted and applied to the entire planet does not figure in economic theories.
Economists are so busy modeling the ups and downs of profits, returns, employment figures, stock values, and the benefits of mergers for mid-level exploiters that they don’t notice their avoidance of the foundational elements. They model the construction schedule while refusing to acknowledge that the terrain is an earthquake zone with vultures circling overhead.
Meanwhile the financiers write and re-write the rules themselves and again this process does not figure in macroeconomic theories. The only human element that economists consider in their “predictive” mathematical models is low-level consumer behaviour, not high-level system manipulation.
Corruption is the norm yet it does not figure. The economies, cultures and infrastructures of nations are wilfully destroyed in order to enslave via new and larger national debts for generations into the future while economists forecast alleged catastrophic consequences of defaulting on these debts…
Management tools for the bosses and smoke and mirrors for the rest of us – thank you expert economists.
The Medicine is Health Lie
We’ve all heard some MD (medical doctor) interviewed on the radio gratuitously make the bold proposal that life expectancy has increased thanks to modern medicine. Nothing could be further from the truth.
Life expectancy has increased in First World countries thanks to a historical absence of civil and territorial wars, better and more accessible food, less work and non-work accidents, and better overall living and working conditions. The single strongest indicator of personal health within and between countries is economy status, irrespective of access to medical technology and pharmaceuticals.
It’s worse than that because medicine actually has a negative impact on health. Medical errors (not counting misattributed deaths from correctly administered “treatments”) are the third leading cause of death in the US, after heart disease and cancer, and there is a large gap between this conservative underestimate in the number of medical error deaths and the fourth leading cause of death.
Since medicine can do little for heart disease and cancer and since medicine has only a small statistical positive impact in the area of trauma interventions, we conclude that public health would increase if all MDs simply disappeared. And think of all the time loss and stress that sick people would save…
One of the most dangerous places in society is the hospital. Medical errors include misdiagnoses, bad prescriptions, prescriptions of medications that should not be combined, unnecessary surgery, unnecessary or badly administered treatments including chemotherapy, radiation treatment, and corrective surgeries.
The lie extends to the myth that MDs anywhere near understand the human body. And this well guarded lie encourages us to put our faith in doctors, thereby opening the door to a well orchestrated profit bonanza for big pharma.
The first thing that Doctors Without Borders (MSF) volunteers need to do in order to contribute significantly in disaster zones is to “forget their medical training” and get to work on the priority tasks at hand: water, food, shelter, and disease propagation prevention; not vaccinating, or operating, or prescribing medication… Public health comes from safety, stability, social justice, and economic buying power, not MRI (magnetic resonance imaging) units and prescription drugs.
These bone heads routinely apply unproven “recommended treatments” and prescribe dangerous drugs for everything from high blood pressure from a sedentary lifestyle and bad nutrition, to apathy at school, to anxiety in public places, to post-adolescence erectile function, to non-conventional sleep patterns, and to all the side effects from the latter drugs.
In professional yet nonetheless remarkable reversals of logic, doctors prescribe drugs to remove symptoms that are risk indicators rather than address the causes of the risks, thereby only adding to the assault on the body.
It’s unbelievable the number that medicine has done on us: Just one more way to keep us stupid (ignorant about our own bodies) and artificially dependent on the control hierarchy. Economically disadvantaged people don’t die from not having access to medical “care” – They die from the life constraints and liabilities directly resulting from poverty. How many MDs have stated this obvious truth on the radio?
Environmental Science Lies
Exploitation via resource extraction, land use expropriation, and wage slavery creation and maintenance are devastating to indigenous populations and to the environment on continental scales. It is therefore vital to cover up the crimes under a veil of expert analysis and policy development diversion. A valued class of service intellectuals here is composed of the environmental scientists and consultants.
Environmental scientists naively and knowingly work hand in hand with finance-corporate shysters, mainstream media, politicians, and state and international bureaucrats to mask real problems and to create profit opportunities for select power elites. Here are notable examples of specific cases.
Freon and Ozone
Do you know of anyone who has been killed by the ozone hole?
The 1987 Montreal Protocol banning chlorofluorocarbons (CFCs) is considered a textbook case where science and responsible governance lead to a landmark treaty for the benefit of the Earth and all its inhabitants. How often does that happen?
At about the time that the DuPont patent on Freon(TM), the most widely used CFC refrigerant in the world, was expiring the mainstream media picked up on otherwise arcane scientific observations and hypotheses about ozone concentration in the upper atmosphere near the poles.
There resulted an international mobilization to criminalize CFCs and DuPont developed and patented a replacement refrigerant that was promptly certified for use.
A Nobel Prize in chemistry was awarded in 1995 for a laboratory demonstration that CFCs could deplete ozone in simulated atmospheric conditions. In 2007 it was shown that the latter work may have been seriously flawed by overestimating the depletion rate by an order of magnitude, thereby invalidating the proposed mechanism for CFC-driven ozone depletion.
Not to mention that any laboratory experiment is somewhat different from the actual upper atmosphere... Is the Nobel tainted by media and special interest lobbying?
It gets better. It turns out that the Dupont replacement refrigerant is, not surprisingly, not as inert as was Freon. As a result it corrodes refrigerator cycle components at a much faster rate. Where home refrigerators and freezers lasted forever, they now burn out in eight years or so.
This has caused catastrophic increases in major appliance contributions to land fill sites across North America; spurred on by the green propaganda for obscenely efficient electrical consumptions of the new appliances under closed door (zero use) conditions.
In addition, we have been frenzied into avoiding the sun, the UV index keeps our fear of cancer and our dependence on the medical establishment alive, and a new sun block industry a la vampire protection league has been spawned.
And of course star university chemists are looking for that perfect sun block molecule that can be patented by big pharma.
And as soon as it is, I predict a surge in media interviews with skin cancer experts…
Acid Rain on the Boreal Forest
In the seventies it was acid rain. Thousands of scientists from around the world (Northern Hemisphere) studied this “most pressing environmental problem on the planet.” The boreal forest is the largest ecosystem on Earth and its millions of lakes were reportedly being killed by acid from the sky.
Coal burning plants spewed out sulphides into the atmosphere causing the rain to be acidic. The acid rain was postulated to acidify the soils and lakes in the boreal forest but the acidification was virtually impossible to detect. Pristine lakes in the hearts of national parks had to be studied for decades in attempts to detect a statistically significant acidification.
Meanwhile the lakes and their watersheds were being destroyed by the cottage industry, agriculture, forestry, mining, over fishing and tourism. None of the local and regional destruction was studied or exposed. Instead, scientists turned their gaze to distant coal burning plants, atmospheric distribution, and postulated chemical reactions occurring in rain droplets.
One study found that the spawning in aquarium of one fish species was extremely sensitive to acidity (pH). Long treatises about cation charge balance and transport were written and attention was diverted away from the destruction on the ground towards a sanitized problem of atmospheric chemistry that was the result of industrialization and progress rather than being caused by identifiable exploiters.
As a physicist and Earth scientist turned environmental scientist, I personally read virtually every single scientific paper written about acid rain and could not find an example of a demonstrated negative impact on lakes or forests from acid rain.
In my opinion, contrary to the repeated claims of the scientist authors, the research on acid rain demonstrates that acid rain could not possibly have been the problem.
This model of elite-forces-coordinated exploiter whitewashing was to play itself out on an even grander scale only decades later with global warming.
Global Warming as a Threat to Humankind
n 2005 and 2006, several years before the November 2009 Climategate scandal burst the media bubble that buoyed public opinion towards acceptance of carbon credits, cap and trade, and the associated trillion dollar finance bonanza that may still come to pass, I exposed the global warming cooptation scam in an essay that Alexander Cockburn writing in The Nation called "one of the best essays on greenhouse myth-making from a left perspective".
My essay prompted David F. Noble to research the question and write The Corporate Climate Coup to expose how the media embrace followed the finance sector’s realization of the unprecedented potential for revenues that going green could represent.
“I also advance that there are strong societal, institutional, and psychological motivations for having constructed and for continuing to maintain the myth of a global warming dominant threat (global warming myth, for short). I describe these motivations in terms of the workings of the scientific profession and of the global corporate and finance network and its government shadows.”
“I argue that by far the most destructive force on the planet is power-driven financiers and profit-driven corporations and their cartels backed by military might; and that the global warming myth is a red herring that contributes to hiding this truth. In my opinion, activists who, using any justification, feed the global warming myth have effectively been co-opted, or at best neutralized.”
Other passages read this way:
“Environmental scientists and government agencies get funding to study and monitor problems that do not threaten corporate and financial interests. It is therefore no surprise that they would attack continental-scale devastation from resource extraction via the CO2 back door. The main drawback with this strategy is that you cannot control a hungry monster by asking it not to shit as much.”
“Global warming is strictly an imaginary problem of the First World middleclass. Nobody else cares about global warming. Exploited factory workers in the Third World don’t care about global warming. Depleted uranium genetically mutilated children in Iraq don’t care about global warming. Devastated aboriginal populations the world over also can’t relate to global warming, except maybe as representing the only solidarity that we might volunteer.”
“It’s not about limited resources. [“The amount of money spent on pet food in the US and Europe each year equals the additional amount needed to provide basic food and health care for all the people in poor countries, with a sizeable amount left over.”
(UN Human Development Report, 1999)] It’s about exploitation, oppression, racism, power, and greed. Economic, human, and animal justice brings economic sustainability which in turn is always based on renewable practices.
Recognizing the basic rights of native people automatically moderates resource extraction and preserves natural habitats. Not permitting imperialist wars and interventions automatically quenches nation-scale exploitation. True democratic control over monetary policy goes a long way in removing debt-based extortion. Etc.”
And there is a thorough critique of the science as band wagon trumpeting and interested self-deception. Climategate only confirms what should be obvious to any practicing scientist: That science is a mafia when it’s not simply a sleeping pill.
[Recent development (March 2011): Incisive deconstruction of the dominant climate science narrative - here.]
Conclusion
It just goes on and on. What is not a lie?
Look at the recent H1N1 scam – another textbook example. It’s farcical how far these circuses go:
Antiseptic gels in every doorway at the blink of an eye; high school students getting high from drinking the alcohol in the gels; out datedness of the viral strain before the pre-paid vaccine can be mass produced; unproven effectiveness; no requirement to prove effectiveness; government guarantees to corporate manufacturers against client lawsuits; university safety officers teaching students how to cough; etc.
Pure madness. Has something triggered our genetically ingrained First World stupidity reflex? Is this part of our march towards fascism?
Here is another one. Educators promote the lie that we learn because we are taught. This lie of education is squarely denounced by radical educators.
University professors design curricula as though the students actually learn every element that is delivered whereas the truth is that students don’t learn the delivered material and everyone only learns what they learn. One could dramatically change the order in which courses are delivered and it would make no measurable difference in how much students learn.
Students deliver nonsense and professors don’t care. Obedience and indoctrination are all that matter so the only required skill is bluffing. Students know this and those that don’t don’t know what they know, don’t know themselves.
Pick any expert opinion or dominant paradigm: It’s part of a racket.
We can’t know the truth because the truth is brutal.
Non-Dollar Trading: Emerging Economies Deal A Heavy Blow To Petrodollar February 8 2016 | From: Sputnik
Experts have given the petrodollar a fatal diagnosis. Falling crude prices have accelerated the petrodollar's demise, dealing a heavy blow to the system that has long facilitated the US dollar's world reserve currency status.
Emerging economies are abandoning the US dollar as a means of payment for oil, having shifted to national currencies.
“Ditching the dollar, Iran and India have agreed to settle all outstanding crude oil dues in rupees in preparation to future trade in their national currencies. The dollar dues - $6.5 billion equaling 55 per cent of oil payment - would be deposited in National Iranian Oil Co account with Indian banks," The Indian Express reported on January 5, 2016.
Half a year earlier, Russia's state-owned oil company Gazprom Neft announced that it had started settling shipments of crude to China in the renminbi (yuan). The strategy proved effective and Russia has become Beijing's top oil exporter, outpacing Saudi Arabia.
“Interestingly, part of Russia's success in China has been attributed to its willingness to accept Chinese yuan denominated currency for its oil. (And not, as others have suggested, because of any sort of allegiance to the Sino-Russo friendship.)," Elena Holodny of Business Insider noted in one of her latest articles.
Incredible as it may seem, experts recommend Saudi Arabia to follow Russia's example and switch from dollars to yuans:
“If Saudi Arabia wants to recapture its number one ranking, it needs to accept the renminbi for oil payments instead of just the dollar," Gordon Kwan, the Hong Kong-based head of regional oil and gas research at Nomura Holdings Inc. told Bloomberg back in June 2015.
What does it mean for the petrodollar?
“Two years ago, in hushed tones at first, then ever louder, the financial world began discussing that which shall never be discussed in polite company - the end of the system that according to many has framed and facilitated the US Dollar's reserve currency status: the Petrodollar…," Tyler Durden of Zero Hedge, a news site for global finance, noted back in 2014.
It seems that the prognosis is about to come true.
In January 2016 Zero Hedge reported that the petrodollar's demise is obvious, bolstered by falling crude prices.
“Citing Goldman Sachs, the global investment banking firm, the media outlet noted that "a new oil price 'equilibrium' (i.e. a sustained downturn) could result in a net petrodollar drain of $24 billion per month on the way to nearly $900 billion in total by 2018."
The end of the petrodollar recycling chain would affect the world's affairs tremendously, it added.
“China will push for the yuan to play a prominent role in the settlement of AIIB transactions and may look to establish special reserves in both the AIIB and Silk Road fund to issue yuan-denominated loans," the media-outlet emphasized, adding that in November 2015 SWIFT data indicated clearly that 15 new countries had joined a list of nations settling more than ten percent of their trade deals with Beijing in the renminbi.
“The oil price slump has contributed to the first net outflow of petrodollars from financial markets with the prospect of a further drain. Meanwhile, experts observe the ascendancy of the renminbi."
Apparently, it is time to say goodbye to the petrodollar-based world order.
A Large Number Of Bank Accounts Have Been Seized With Regards To The 1MDB-Goldman Sachs Laundering Scandal February 5 2016 | From: Geopolitics
Slowly but surely, Khazarian stooges are being taken down everywhere.
Since three days ago, Goldman Sachs Asia Chairman, Tim Leissner, has taken a “personal leave” obviously to escape from the recent money laundering and bribery scandals involving with no less than Malaysia Prime Minister Najib Razak, involving Saudi royal money.
It turns out that the unexplainable disappearance of some portion of the $681 million of Saudi royal family “donation” to Razak are scattered through various bank accounts throughout Asia.
Najib Razak
This is huge because now we can see a possible correlation of this scandal to the two Malaysian airliners’ disappearance in the Indian Ocean and false flag shot down inside Ukrainian airspace.
Recently, Bloomberg reported;
“Singapore has seized “a large number” of bank accounts in connection with possible money-laundering in the country, the Monetary Authority of Singapore and Commercial Affairs Department said in a joint e-mailed statement in response to queries on 1Malaysia Development Bhd.
In connection with these investigations, we have sought and are continuing to seek information from several financial institutions, are interviewing various individuals, and have seized a large number of bank accounts,” the agencies said on Monday. They added Singapore has been “actively investigating” possible money-laundering and other offenses since mid-2015."
1MDB, the debt-ridden government investment fund of neighboring Malaysia whose advisory board is headed by Prime Minister Najib Razak, has been the subject of overlapping investigations at home plus countries such as Switzerland and Hong Kong amid allegations of financial irregularities.
Swiss prosecutors said in a Jan. 29 statement they are seeking legal assistance from the Southeast Asian nation after a probe they conducted into 1MDB revealed “serious indications” that about $4 billion may have been misappropriated. Najib is “not one of the public officials under accusation” in that investigation, Andre Marty, a spokesman for the Swiss attorney general’s office, said Monday in a statement.
‘Illicit Funds’
Singapore is cooperating with relevant authorities including those in Malaysia, Switzerland and the U.S., the agencies said in their statement.
“We have responded to all foreign requests for information and have requested for information from relevant counterparts to aid in our investigations,” according to the statement. “Singapore does not tolerate the use of its financial system as a refuge or conduit for illicit funds.”
“A number of investigations into 1MDB’s activities are being carried out in various countries, prompted by claims of corruption involving Razak, who chairs 1MDB."
Switzerland’s chief prosecutor, Attorney General Michael Lauber, said in a statement on Friday that he has asked for Malaysia’s help in investigating possible violations of Swiss law by 1MDB, Reuters reported.
Michael Lauber
The suspected misappropriations reportedly amount to $4 billion and concern “bribery of foreign officials, misconduct in public office, money laundering and criminal mismanagement.”
It was discovered this week that Leissner has moved from Singapore to his Los Angeles home, calling it a “personal leave,” Bloomberg reports.
Goldman orchestrated the $6.5 billion sale of three 1MDB bonds in 2012 and 2013, from which the bank earned $593 million in fees and expenses. The deal has raised questions, as such fees in Malaysia are usually much lower.
It has since emerged that Razak received a $681 million “donation” to his personal bank account, which his opponents say is linked to the deal.
The results of an investigation into the matter by Malaysian Attorney General Mohamed Apandi Ali, who was appointed by Razak in 2015, were published this week, but found no wrongdoing.
The probe found that the money had come from a Saudi Arabian royal family and that $620 million was returned within the following five months. There was no indication in the report as to what happened to the unaccounted for $61 million.
State agencies in Hong Kong and the United States are also investigating other deals involving 1MDB.
Malaysian Prime Minister Najib Razak doesn’t have a respectable track record in governance and has been a perennial recipient of popular protests.
“Fed up with years of alleged corruption, Malaysian activists escalated their protests, demanding the resignation of Prime Minister Najib Razak and the overhaul of a political system its critics argue is racist and favors the few who are political connected.
Police estimated that 25,000 people took to the streets of Kuala Lumpur for the weekend Bersih 4.0 rally, which unlike previous demonstrations passed off peacefully. Organizers said the numbers were much higher, at around 200,000.”
“Fed up with years of alleged corruption, Malaysian activists escalated their protests, demanding the resignation of Prime Minister Najib Razak and the overhaul of a political system its critics argue is racist and favors the few who are political connected.
Police estimated that 25,000 people took to the streets of Kuala Lumpur for the weekend Bersih 4.0 rally, which unlike previous demonstrations passed off peacefully. Organizers said the numbers were much higher, at around 200,000.”
“Malaysia’s embattled Prime Minister Najib Razak has entered negotiations for a face-saving exit from the turbulence of his nation’s politics, according to independent reports, after the anti-corruption commission referred 37 charges to the attorney-general for prosecution.
Sources told the London-based Sarawak Report and the Hong Kong-based Asia Sentinel that Najib entered talks to ensure his departure from a tenure blighted by allegations of massive corruption and three murders, including Kevin Morais, a lead investigator with the commission.
That prospect has fed social media commentators and prompted a rear-guard offensive by Malaysia’s mainstream newspapers, who are trying to convince a troubled wider world that the country remains an island of Muslim moderation amid a sea of Islamic militancy and terrorism. While this may somehow be seen as mitigating Najib’s legacy, the costs seem absurdly high given the allegations enveloping him.
Horrific photos of Morais were published earlier this week by Malaysia Chronicle. He had led investigations into the 1Malaysia Development Berhad (1MDB) scandal before his remains were found in a cement filled oil drum, submerged in a swamp.
This is not the first time Najib and those around him have been linked to murder.”
Will Tim Leissner be made to answer his complicity to the conspiracy?
The Trans-Pacific Partnership Agreement: She'll Be Right Rings True January 30 2016 | From:BruceBisset [Link not available: This article was re-hand typed by hand for you from the print version as the publisher has for some reason decided not to syndicate it online as they usually do...]
Fitting New Zealand should be the location for the signing of the TPPA, because the country could be help up to be the crowning glory of the Friedman "Chicago School" economic doctrines - the first where the more brutal methods of shock and awe have had to be used to cow and enslave the population.
Instead we have gone willingly to our subservience, embracing the corporations as they strip our natural and sovereign rights, beseeching them to drip a few pennies into our outstretched hands while they pillage the bulk of our nation's intrinsic wealth.
And in return all we have had to do is meekly accept the sale of our primary assets, and extra hundred billion dollars debt (to date), and the fact that the sub-class - the unemployable, the sick, the disabled, the tragically bankrupt - are beyond redemption, but thankfully, a relatively small percentage of the population.
Not for us the "test case" genocidal generals of Chile or Argentina, the repressions of Thatcher's Britain, the civil wars of Russia or the "reconstruction" of Iraq. No, here we are all-but unscathed in the scale of things, a blissful wanton land where Milton Friedman's neo-liberal economics can finally boast some apparent success.
We're even English-speaking and notionally developed and democratic!
Why, it's so good that billionaires by the dozen are snapping up private spots to build "getaway retreats" - places they can hole up when the proverbial hits the big fans in their own countries, which (ironically thanks to the same policies) it is doing with increasing regularity.
Whereas here, we may be dipped in it but we come up smiling. That's the Kiwi way: she'll be right.
If yesterday our troubles seemed so far away, today they are on our doorstep and here to stay - or even right in our homes, should we happen to be in any way protesting the fact.
Which, next Thursday, I expect a sizeable horde of citizens to do outside Sky City while the pens stroke and the teeth glisten within as the bought and paid for politicians of a dozen nations place their countries irrevocably in corporate hands.
In almost any other place it would be a day of civil uprising, of armed mayhem and blood on the streets - and clearly that's what is expected of us, since everyone from John Key down has been talking up the threat of violence.
However, I suspect all that riot training the police have undertaken will not be needed. At least, not unless some "plants" in the crowd start throwing things.
But why trigger the violent phase (complete with its internment camps and CIA torture manuals) of these "economic reforms" when we are, to all intents and purposes , already willing to have our jewels cut off?
Adding a few more names on the "to be harassed and raided and maybe disappeared" list is small beer in comparison, one of the most right-thinking New Zealanders you will accept with a sigh of relief.
Yes, anger with restraint, and a quiet celebration with both sides after, is likely more they way of it.
We are a passionless people.
The shock doctrine which author Naomi Klein has so graphically exposed as the method of choice for disempowering the world's masses while creating a super-elite is something that happens "over there". Even when it's happening right right here, and we're having our noses rubbed in it.
So don't expect war. That won't happen for a generation or so, after we've run out of everything else the oligarchs can take money from.
[Comment: All is not lost but do whatever you can to voice opposition to this treasonous "trade deal].
The Ongoing Historic Fall Of The Khazarian Empire January 30 2016 | From: Geopolitics
The Khazarian Empire’s defeat in the Middle East coupled with migration and financial crises back home have all contributed to the massive failure of its hegemonic ambitions.
This massive defeat is also made possible when the myth about its military superiority was unmasked when both Russia and China displayed portions of their covert military arms development during its 70th Victory Parade, and the highly publicized space age technologies.
Not to mention, the successful flybys of two Sukhoi warplanes a few meters away from USS Donald Cooked whereby the latter’s Aegis advanced electronics were rendered totally useless to the point of its crew tendering their resignations once ashore. Most Russian war equipments are now equipped with advanced electronic jammers.
For the first time in the history of modern commerce, no ship transporting physical goods from the East to the West is at sea. What we’re seeing instead is the continuing crash of the derivatives market which is the lifeline of the fiat currency which some Western analysts are considering to be another deliberate action pursuant to the original NWO agenda.
It is our understanding that the ongoing march towards the Khazarian version of the New World Order against Western population is to mitigate the resulting fallout from the BRICS Initiative of instituting a separate economic system that is asset-backed.
In short, while the Western Oligarchy is putting out every measure, i.e. cash ban, mass surveillance, highly militarized police force, to counter a growing dissent resulting from the worsening economy attributed to the covert recovery of the Collateral Accounts lent to them 80 years ago, the East is laying the groundwork for a post-Khazarian massive economic development dubbed as the “One Belt, One Road”.
This turning point in our history should teach everyone a lesson how not to run a planet, and why we should not allow anyone to systematically take our freedoms away.
At this very moment, people all over the globe can have a rare chance of creating a totally different world free of wars, poverty, disease, and planetary destruction.
The Fall of Europe: EU Infighting, Refugee Crisis Signal Historic Collapse
"The migration crisis reflects the weakness of the EU’s architecture, which is leading to the rapid disintegration of the supranational union’s member states, according to the German newspaper Frankfurter Allgemeine Zeitung.
Europe is swiftly falling to pieces as EU countries remain at odds over many pressing issues, including those related to the ongoing migration crisis, political analyst Berthold Kohler Migration wrote in an article for the German newspaper Frankfurter Allgemeine Zeitung.
According to the author, the migration gridlock and a raft of other problems inside the EU may finally result in the biggest disintegration of Europe in history.
“The struggle to preserve the currency union forced Europeans to realize how strongly political ideas differ in EU countries, where a variety of mentalities, experience and cultures is still in place,” Kohler said.
The Vatican has also apologized for its past mistakes excluding only the planned population reduction and Satanic practices.
“Pope Francis apologised on Wednesday for scandals within the church at a general audience in St. Peter’s Square.
“I would like to ask for forgiveness in the name of the church for the scandals that have happened in this last period both in Rome and at the Vatican,” the Pope said, the New York Times reports. “I ask for your forgiveness.”
While it remains unclear what the Pope was referring to - Pope Francis did not clarify what scandals he was apologizing for - the Times cites reports in Italian media that a priest in Rome had sexual relations with men with the knowledge of his bosses. In another recent incident, an Italian priest said in an interview that many child-sexual-abuse victims were at fault for their abuse because they sought affection that priests could not always resist.”
Native Americans also scored big, although not that big compared to the damage done to them by the colonialists, when the US government was told to pay $554 million:
“US to Pay Largest Native American Nation $554 mn in Landmark Settlement"
The Obama administration will pay the Navajo Nation a record $554 million to settle claims by the most populous Native American tribe that funds and natural resources on its reservation were mismanaged by the US government for decades.
The agreement will be formally signed on Friday at Window Rock, Arizona, the capital of the Navajo reservation, the largest in the US by land mass.
The accord was borne from litigation that accused the government of mishandling Navajo funds and natural resources on its more than 14 million acres across Arizona, New Mexico, and Utah, all held in trust for the tribe and leased out for purposes of farming, energy development, logging, and mining. The Navajo claims date back as far as 50 years.
In return for $554 million, the Navajo have agreed to drop its lawsuit and forego any future litigation over past US management of Navajo funds or resources held by the federal government, Reuters reported.
The deal does not, though, negate future trust claims or any other claims over water and uranium pollution on the reservation, Navajo Attorney General Harrison Tsosie said. Based on non-disclosure clauses, he could not say how much the Navajo had claimed it was owed ahead of the settlement.”
Surprisingly, the once Cabalist online magazine on finance prefers to take the matter lightly.
There are some post-imperial techniques to make you feel great. The best is winning a small war’.
For Brits of a certain age, Donald Trump’s campaign slogan, “Make America great again”, rings a bell. In the 1987 British elections, Margaret Thatcher’s campaign slogan was “Britain is great again. Don’t let Labour wreck it.”
Of course, I’m not accusing Trump of plagiarism. America’s next president is a winner, a magnanimous figure who has even won the praise of Vladimir Putin. However, his echo of Thatcher is not coincidental. Like Britain before it, the US is now losing its empire.
This is a painful problem that’s hard to talk about. Often it’s accompanied by feelings of shame. The fading empire’s leaders always pretend that the loss isn’t happening. Proud imperialists, such as today’s Republican candidates, insist the loss could be easily reversed if only certain leaders weren’t pygmies and traitors. The anger just worsens the pain.
However, it is possible to be post-imperial and happy. The British are, at least on our good days. Here are some tips for coping with loss of empire.
The first step is to be straight with yourself. Look in the mirror and say: “I am losing my empire, but it needn’t be traumatic.”
Accept the loss as inevitable. True, the US still has the world’s strongest military but that’s like Kodak being the world’s leading maker of camera film: it’s an obsolete skill.
Only once since the second world war has the US secured its national interests through war: the defeat of Saddam Hussein in 1991.
If Americans want to keep a large military as a jobs project, or a Keynesian stimulus programme that dare not speak its name, that’s fine. But having lived through the past 14 years, they must know that a military isn’t much use at fighting a global terrorist franchise. Nor can it stop Russia from invading former Soviet republics, unless Americans are willing to fight world war three.
When you lose your empire, it’s perfectly normal to worry that you will become poorer.
"The prosperity of our people”, argued the British conservative politician Julian Amery in 1962, “rests really on the oil in the Persian Gulf, the rubber and tin of Malaya, and the gold, copper and precious metals of south and central Africa.” If those went, he warned, “we would lose the lot”.
This kind of argument (now echoed in Trump’s scheme to grab Iraqi oil) makes psychological sense. After all, it’s an empirical fact that economic wealth and imperial acquisition go together. However, Americans needn’t worry: it’s the wealth that prompts the acquisition, not the other way round.
Having an empire doesn’t necessarily make you rich. Indeed, when Britain and France shed their empires, their economies boomed. Buying other countries’ stuff is easier than grabbing it through conquest.
But the damage done by loss of empire is, above all, psychological. The post-imperial country is left feeling futile and pointless. I recently met an old British army officer at his gentleman’s club in London. Sitting beneath portraits of Victorian generals who had conquered places like Sudan, he scoffed that today’s Britons were softies who preferred creature comforts to greatness. He missed the empire like a lost limb.
Luckily, there are some simple post-imperial techniques to make you feel great again. The best is probably winning a small war. Thatcher did it in the Falklands (hence her 1987 slogan) but the textbook example was the American invasion of tiny Grenada (population 90,000) under President Ronald Reagan in 1983.
This was an un-losable war. Reagan’s biographer Garry Wills noted:
"Two-thirds of American casualties were inflicted by other Americans or by accident.”
Coming two days after a terrorist truck bomb killed 241 US service personnel in Beirut, the invasion helped to cheer up Americans.
Having restored military pride, Reagan then quietly withdrew US troops from Lebanon. The sequence was a masterclass in post-imperialism. No wonder British politicians now reach hopefully for their sabres whenever a Spanish politician mentions our pocket-sized imperial remnant, Gibraltar.
…
There are other routes to post-imperial glory. You can win a football World Cup. Since the Suez debacle of 1956, the British have also found their kicks in what historian Robert Skidelsky calls “vicarious imperialism”. This is usually safe - a simple matter of banging on about the “special relationship” whenever the US bombs somebody - but, as Tony Blair found in Iraq, vicarious imperialism can go horribly wrong.
The most enjoyable way to cope with post-imperialism is to laugh at yourself. The British have been doing this since Suez. In 1957, in his play The Entertainer, John Osborne created the faded old comedian Archie Rice to symbolise a faded old country. Rice boasts:
"I’ve played in front of them all. The Queen, the Duke of Edinburgh, the Prince of Wales, and the . . . what was the name of that other pub?”
Ideally, the US would now replace Trumpian anger with humour about national decline. The TV comedian John Oliver - a Briton raised on post-imperialism - could lead the way, until, eventually, declinist jokes become so clichéd that they reach the big networks. That will be the sign the US has gotten over empire.
We will continue to document the ongoing hard fall of the Khazarian Empire and the continuing covert operations of the Reformist Collective, together with our own independent analysis on their possible objectives.