One cannot help but wonder. Is this finally the end game of what has been in the works for decades?
Take a look at the articles below and decide. It truly seems that we have reached a tipping point in terms of the current world's financial structure - and the huge changes that are in progress right now could very well lead to a central financial system and of course, the governance needed as a result.
Cypriots are getting a firsthand look at what happens when EU elitists, as Margaret Thatcher famously remarked, “run out of other people’s money to spend.”
Yet this bailout, or more accurately described by CNN as a “bail in” of ordinary people—to pay for the mistakes made by bankers‚Äìis unprecedented. Yet the effects of this policy were eminently predictable: Cypriots spent the weekendwithdrawing their funds from bankmachines all over the nation.
None of it amounts to anything more than the proverbial rearranging of Titanic deck chairs. The creation of the European Union was a colossal mistake, based on the ludicrous premise that vastly different cultures and countries would somehow acquire the exact same financial sensibilities, and once such sensibilities took hold, the kind of warfare that destroyed the continent twice in the 20th century would be relegated to the ash heap of history. Yet the new era of “enlightened” cradle-to-grave socialism envisioned by European elitists gave way to unsustainable spending sprees, followed by massive economic crashes, increasing levels of domestic unrest and rioting, and jaw-dropping levels of unemployment.
No doubt many Americans are wondering if the same thing could happen here. In 2010, when Democrats had complete control of Congress and the White House, discussions were held regarding the possibility of seizing private 401(k) retirement plans, and creating a “Guaranteed Retirement Account” aimed at distributing funds more “fairly” to all Americans. It hasn’t gone anywhere—yet.
The Obama administration is monitoring the Cyprus bailout, but White House Press Secretary Jay Carney declined to answer questions about the president’s position on confiscating money from private savings accounts. “I can’t. I think that it is the wise course to defer to the Treasury Department,” Carney said. The Treasury Department was equally noncommittal. “It is important that Cyprus and its Euro area partners work to resolve the situation in a way that is responsible and fair and ensures financial stability,” the department said in a statement.
In Europe, the demarcation between private and public property has been kicked to the curb. Cyprus is being told that confiscation of funds from private savings accounts, or national bankruptcy, are the only two choices the nation has. Those aren’t choices. They are ultimatums. Europeans are about to learn there is a corollary to Margaret Thatcher’s insightful statement: when you run out of other people’s money to spend—you have to find more people.
The Obama administration is monitoring the Cyprus bailout, but White House Press Secretary Jay Carney declined to answer questions about the president’s position on confiscating money from private savings accounts. “I can’t. I think that it is the wise course to defer to the Treasury Department,” Carney said. The Treasury Department was equally noncommittal. “It is important that Cyprus and its Euro area partners work to resolve the situation in a way that is responsible and fair and ensures financial stability,” the department said in a statement.
In Europe, the demarcation between private and public property has been kicked to the curb. Cyprus is being told that confiscation of funds from private savings accounts, or national bankruptcy, are the only two choices the nation has. Those aren’t choices. They are ultimatums. Europeans are about to learn there is a corollary to Margaret Thatcher’s insightful statement: when you run out of other people’s money to spend—you have to find more people.
The mainstream media downplaying of what is happening in the Mediterranean Island of Cyprus this weekend is already muddying the water.
Tens of thousands of unwitting little people have had their bank accounts ripped off over the long weekend by their own government, in a fashion where their ripped off funds were already a fait accompli before word began to leak out over social media.
Media downplaying notwithstanding, the unvarnished truth about what is happening in Cyprus is both precedent setting and staggering in dimension.
Media downplaying notwithstanding, the unvarnished truth about what is happening in Cyprus is both precedent setting and staggering in dimension.
Much like my high-level source within the U.S. Department of Homeland Security outlined in a series of interviews beginning last year, the orchestrated collapse of the U.S. dollar and the entire world’s economic system has begun. The first shots in a global economic take-over were fired in Cyprus as my esteemed colleague and founding editor of Canada Free Press, Judi McLeod laid out in frank detail in hercolumn yesterday and her follow up today.
Please read it and heed her advice, or suffer the consequences of your own normalcy bias that such an event will not happen in the United States, Canada, or from wherever you might be reading this. It will, and the plan appears to be on schedule for a shot across the bow later this spring here in the West, with a more aggressive take-over starting sometime this fall, according to my source.
To those needing a quick refresher, the plan is quite simple and can be summarized by the Clinton-era quip attributed to political strategist James Carville, “the economy, stupid” and the June 9, 2010 statement by former Obama czar Van Jones, Socialist extraordinaire, “top down, bottom up, inside out.” It is a plan for a one world Communist economy where the “middle class” will be wiped out through a series of events that will have the same ultimate effect as we are seeing in present day Cyprus.
The U.S. dollar, the backbone of world currencies and the proverbial firewall preventing the erosion of our national sovereignty, is the ultimate target of a takedown by the global banking interests controlled by a handful of banks and families of the “royal elite.”
The plan for a global currency or a one world economic order is a matter that transcends political parties. Those who continue to argue in the Republican-Democrat meme are doing nothing more than providing entertainment to distract people from the real issue, that of the global elite versus the rest of us. The top of the pyramid in this Ponzi scheme is filled with members of both U.S. political parties who are systematically pillaging us and our future generations into financial debt, bondage and slavery. It is a plan that has been in the works for centuries. The problem, however, is that we have been conditioned not to think that big. Yet, the lie is that big.
The plan was set into motion long ago, stemming back to the founding of the United States and the temporary resistance to the central banking system. In 1913, the creation of the Federal Reserve set the countdown clock in motion for the complete subjugation of the United States to the interests of the global bankers and the global elite. The secret supra-governmental cabals such as the Council on Foreign Relations and the Trilateral Commission worked behind the scenes, under the cover provided by the complicit media, to bring us to this point in history. Perpetual wars were induced to occupy the masses while the chess pieces were placed into their current positions. We are now about to pay the price for our inability or unwillingness to confront the establishment and incremental advancements leading to our own demise.
According to the most recent information provided to me from my source within the Department of Homeland Security known as “Rosebud,” the final preparations are being made to deploy heavily armed federalized forces onto the streets of America. They will be deployed under the pretext of “restoring and maintaining order from the chaos brought about by the economic collapse,” adding that “many will demand and embrace their deployment on the streets of America. They will get what they ask for, and more.”
Much like the security theater we have seen following the attacks of 9/11, we will be subjected to the jack-booted control of a federal army whose allegiance is not to the American people, but to the very architects of the chaos.
Much like the security theater we have seen following the attacks of 9/11, we will be subjected to the jack-booted control of a federal army whose allegiance is not to the American people, but to the very architects of the chaos.
“What happens when the middle class loses much of their wealth, or it is confiscated, by the stroke of a pen or a keyboard? What will the stores look like when people, unprepared due to the damn lies of the corporate media and the shills for the ruling elite, run to empty out everything they can get their hands on as the world, as they know it, collapses around them?”
It was during my most recent contact with my source yesterday that he admitted that the situation will be blamed not on the bankers and the elected leaders who are raping us of our wealth and buying power, but on “right-wing, gun-toting Conservative ‘militia’ groups who believe that the situation is orchestrated.” And, of course, it is orchestrated.
“There is no Republican-Democrat argument to be made anymore. It’s all political theater to keep the majority of the masses occupied while the true enemy has already captured both parties,” he added. “They are all in on it, either knowingly or unwittingly, the takeover, that is. And it’s getting harder to believe that there are any who are unwitting accomplices at this point.”
It was during my most recent contact with my source yesterday that he admitted that the situation will be blamed not on the bankers and the elected leaders who are raping us of our wealth and buying power, but on “right-wing, gun-toting Conservative ‘militia’ groups who believe that the situation is orchestrated.” And, of course, it is orchestrated.
“There is no Republican-Democrat argument to be made anymore. It’s all political theater to keep the majority of the masses occupied while the true enemy has already captured both parties,” he added. “They are all in on it, either knowingly or unwittingly, the takeover, that is. And it’s getting harder to believe that there are any who are unwitting accomplices at this point.”
Former British Chancellor of the Exchequer Alistair Darling has warned that the raiding of people’s saving accounts in Cyprus could trigger bank runs across Europe.
Darling said that the unprecedented step of looting banks account of those with 100,000 euros or less could lead to a collapse in confidence because it “blows apart” the notion that such sums are protected.
“They have actually now said to people ‘We will come after your deposits, no matter how small your savings are’ and that seems to me to make it more likely that, if you are a saver in Spain or in Italy, for example, and you have just the sniff of the EU or the IMF coming your way, you will take your money out and you will get a run on the bank,” he told BBC Radio Four’s Today show.
Darling concluded that the way the European Union had handled the issue illustrated how the EU was beginning to “unravel”.
Others such as Pimco CEO Mohamed El-Erian have also warned that the brazen looting of people’s bank accounts could trigger civil unrest.
Nobel Prize-winning economist and New York Times columnist Paul Krugman also raised the prospect of bank runs, writing, “It’s as if the Europeans are holding up a neon sign, written in Greek and Italian, saying ‘time to stage a run on your banks!’”
EU officials remained defiant on controversial plans for a Cypriot bailout on Monday (18 March), the most tumultuous day for the euro so far in 2013.
Following an emergency conference call of eurozone finance ministers on Monday evening, the Eurogroup refused to backtrack on a deal which includes a one-off raid worth €5.8 billion on deposits held in Cyprus' stricken banks.
Dutch finance minister Jeroen Dijsselbloem, who chairs the 17-member euro club, said the deal on offer is fair.
"Cyprus would have faced scenarios that would have left deposit holders significantly worse off," he noted.
It also announced plans to temporarily suspend pension payments to the estimated 18,000 retired Britons in Cyprus, with treasury minister Greg Clark saying that "a normal payment service will resume as soon as the situation in Cyprus becomes clear."
Shock: Globalist Plan For IMF Failing In U.S. Congress?
Also see:
Thousands Line Up To Buy Ammo
Syria Accuses Rebels Of Firing Chemical Weapons, Killing 16
Hacker Begins Distributing Confidential Memos Sent To Hilary Clinton On Libya, Benghazi Attack
Where Are The Benghazi Survivors?
Is the US holding back IMF reform? ... The legislation would implement reforms agreed by the G20 in 2010, which were described by then IMF Managing Director Dominique Strauss Kahn as 'the most important decision on the governance of the IMF since its creation in 1944.' He went on to say that 'what we did today puts an end to a discussion on legitimacy that had lasted for years, almost decades.' Yet three years later these 'historic' reforms have not been implemented because of US opposition. – The Interpreter
Dominant Social Theme: Please unchain the IMF so it can change the world!
Free-Market Analysis: Mike Callaghan – Director of the Lowy Institute's G20 Studies Centre – provides us with insight into a big congressional battle going on over the International Monetary Fund. Like most really important struggles, this one is being under-reported, really not reported at all.
But it may be that the outcome of this fight determines whether we have a global currency and how soon we have it. What's increasingly obvious is that Money Power itself is looking to the IMF for a solution to the current economic crisis affecting the West.
The idea is to take the IMF's SDRs that are already accepted around the world by various nation-states and turn them into a global currency backed by a number of national currencies such as the dollar, yuan, euro, etc. Perhaps even gold will be become part of the basket.
What is notable about all this is that the IMF has to become stronger and more powerful if it wants to assume this sort of role – and the additional powers given to it are being held up by the US Congress.
The problem is similar to gun control – a much favored Money Power program that has not made much progress in the US despite strenuous efforts of the globalists that back it.
And now it looks like US politics – US exceptionalism, really – may scupper the grand plans of the IMF and its backers, as well. Here's more from the article:
President Obama's attempt to have the legislation passed was rejected by Congress, being described as 'too politically sensitive in the tense budget environment.' The Administration is expected to have another go later in the year.
A large majority of IMF members has passed the reforms, but the changes require an 85% majority within the IMF to be implemented and the US has veto power with its 16.75% voting share.
Also see:
Thousands Line Up To Buy Ammo
Syria Accuses Rebels Of Firing Chemical Weapons, Killing 16
Hacker Begins Distributing Confidential Memos Sent To Hilary Clinton On Libya, Benghazi Attack
Where Are The Benghazi Survivors?
Tidak ada komentar:
Posting Komentar