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September 29 2011
The Daily Bell -- Barroso Says EU Will Overcome
'It seems very clear that the powers-that-be subscribe to the idea that they have been chosen to deliver appropriate direction to the masses. This sense that one has a kind of divine right to rule was supposed to have dissipated years ago – at least last century – but the EU's top people obviously believe they are Charlemagne's second coming. The only reason they could believe this is because they have the backing of money power – endless torrents of central banking fiat paper controlled by a handful of individuals at the apex of the Anglosphere power elite. But what they may not realize is that they too are perhaps being manipulated, that those who seek to run the world via military force and political unions will betray their enablers without a backwards glance. This is an elemental understanding that even velvet thugs like Barroso seem to fail to understand.'Wikipedia -- World War I reparations
'The economic problems that the payments brought, and German resentment at their imposition are usually cited as one of the more significant factors that led to the end of the Weimar Republic and the beginning of the dictatorship of Adolf Hitler. -- #Current status: After Germany’s defeat in World War II, payment of the reparations was not resumed. There was, however, outstanding German debt that the Weimar Republic had used to pay the reparations. An international conference decided (Agreement on German External Debts, 1953) that Germany would pay some parts of the remaining debt only after the country was reunified, at that time an event thought very unlikely to happen. West Germany paid off the remainder by 1980. According to the agreement, the debt would be serviced for 20 years, leading to the last payments being due on 3 October 2010, the 20th anniversary of German reunification. About 10% of this debt, about 20 million euro, has not been claimed yet.' -- Debt repayment is a sin!
YouTube -- RussiaToday: Cash Sweet Poison: 'Greece victim of Europe cheap money' -
'Dr Markus Kerber, says that German taxpayers are fed up with being Europe's cash cow.' -- "There's a growing split between the German public and the political elite. Never ever before the split has been greater than today. The political elite is still united to support the Chancellor's policy of continuous bailout and the German public is more united than ever to oppose it. And sooner or later the European project is going to lose the popular support it has always had in Germany until now. So, we are really at a crossroad."
'Dr Markus Kerber, says that German taxpayers are fed up with being Europe's cash cow.' -- "There's a growing split between the German public and the political elite. Never ever before the split has been greater than today. The political elite is still united to support the Chancellor's policy of continuous bailout and the German public is more united than ever to oppose it. And sooner or later the European project is going to lose the popular support it has always had in Germany until now. So, we are really at a crossroad."
September 26 2011
The Daily Bell -- Are the Tribes of Europe Ready to Explode?
'Pre-Internet, what's happening in the EU would have been buried under mainstream media misdirection. People might not have understood the larger forces at work. But the EU unraveling along with much else has played out under the merciless glare of the alternative press, and the European tribes are aware of the manipulations that are taking place. It is realization of these manipulations that informs the article, which is a surprisingly good piece of reporting. It is written by Paul Mason, BBC Newsnight's Economics Editor, who is broadcasting regularly from Greece, and it seems to have concentrated his mind, at least for a while, on what's actually happening. The problems are happening to people, individual people, and it is these people, ultimately, who will formulate a response, not "Greece," not politicians, not "working groups" – not even the IMF or ECB. The EU was not an accident. Central banking is not happenstance.'September 18 2011
Paymaster Germany and the Endgame by Gary North
'Every time Merkel meets with Sarkozy in one of their "no, no, yes, yes" liaisons, European stock markets rise. There is some vague language about another round of bailouts. Investors rush in to buy, buy, buy. The fund managers are not rewarded to produce long-term capital gains. So, they cannot resist buying whenever Merkel and Sarkozy emerge from their tryst to tell the world that they are willing to let Germany bail out the Greek bond market one more time. This is great political theater. The funds' memos to major banks regarding the funds' refusal to roll over their short-term loans can go out at any time. No one wants to be the first fund to trigger a banking panic. But no one wants to be left holding the bag. This is why predictions regarding the day of reckoning are highly speculative. The major decisions will not be made by banks. They will be made by fund managers with large deposits at banks. The bankers are just sitting there, hoping for the best.'July 22 2011
The Daily Bell -- A Phony EU Crisis
'These economic crises cannot be pure happenstance. We've suggested they can spin out of control, and perhaps they will; but they are all manmade events, the direct outcome of economic constructs and policies of enormous wealth and control. Somebody set up the 100 central banks around the world that report directly to the Bank for International Settlements in Switzerland. These are quasi-private entities, many of them. Are we supposed to believe that no one takes a profit on them? That there is no way they compensate their creators? The money and power is unimaginable. The BIS controls the central banks that in turn control the big banks around the world. Constitutions mean nothing. Promises are made to be broken. Treaties are talk for children, merely incremental markers trailing in the wake of global governance. By their actions ye shall know them. As with sharks, their momentum must be never stilled. The shadow play continues.'April 25 2011
The Daily Bell -- Eurocrats' Immovable Rigor Over Debt Restructuring
'...the Anglo-American power [elite's] fear-based promotions are not having the intended effect and thus it seeks to offer the impression that its strategies are unstoppable. But this has its drawbacks. When one wishes to impress upon the people the inevitability of one's designs, then not even one failure can be countenanced, nor one question can be raised. This is an almost impossible burden because the promotion retains no elasticity and sooner or later there shall be some sort of breach. The stance the EU is now adopting with its constant emergency agitation seems to us to be counterproductive. If the EU survives, then EU leaders look as if they were too pessimistic. If the crisis triggers a much larger one, then they run the risk of looking as if they have lost control. Why, we ask, are those running the EU program, purposefully placing themselves in this trap? Either they are panicking or they are in some sense inviting the crisis. These are risky games indeed.'April 12 2011
The Daily Bell -- EU Heart Attacked by Mainstream Press!
'To see this in print in the FT is OUR shocking moment. We think we know why a Tea Party is erupting in Europe, of course. We've explained it many times. The truth-telling of the Internet itself is interacting with the ongoing financial crisis in predictable ways. Unlike past crises, in fact, the Anglo-American power elites have not been able to aim popular anger at private enterprise. The socialism and communism that the elites encouraged in the 20th century (in order to concentrate more power into their own hands) is not working very well now. The anger instead, from what we can tell, is focused mostly where it should be – at the political and banking SYSTEM, not greedy individuals in private enterprise that make convenient, illusory scapegoats. This is surely a problem for the EU but even more of a problem for the power elite itself. It wasn't supposed to happen this way. The financial crisis – which Eurocrats foresaw for decades – was supposed to generate an ever-closer EU.'February 28 2011
The Daily Bell -- Greeks Won't Pay, No Matter What
'Dominant Social Theme: Everything's cool. Let the Greek's have "their moment." – The Anglo-American power elite has driven the Western world to ruin with its central banking scheme; it may believe that between food-scarcity and job-scarcity, Europeans will now be less apt to resist increased militarism abroad and increased global centralization. But we have always believed in the era of the Internet that such manipulations are increasingly transparent and apt to be less tolerated. The middle classes were "promoted" into the EU before the collapse, but now middle-class tax dollars are flowing into bank coffers as the Southern PIGS struggle to pay back enormous loans that again benefited a few at the expense of many. Austerity is just one more elite manipulation, neither inevitable nor fair. We would argue that in the era of the Internet, too many within Europe's fractious tribes understand only too well what has taken place.'February 01 2011
The Daily Bell -- Goldman Sachs Whistles Past EU Graveyard?
'...the Chinese government has "liberalized" – allowed the average Chinese to earn a living and even to become rich so long as these activities do not threaten government power. Chinese do not own their real estate but lease it from the government. And the government censors at will, using a gigantic force of employees to monitor the Internet for anti-government sentiments. ...the Chinese government controls most if not all of the larger country's larger financial and industrial institutions, often behind the scenes. The real free-market is to be found much farther down on the street for the most part where Chinese entrepreneurs compete against each other within a retail context. The ChiComs therefore retain control of the means of production, including the Chinese central bank. Only within carefully monitored parameters, is the Chinese economy a competitive one. This is actually similar in many ways to the growing EU superstate and to the way America is evolving as well...'November 26 2010
The Daily Bell -- Speaking Truth to Euro-Power
Nigel Farage: "Good morning, Mr. van Rompuy. Your fanaticism is out in the open. Just who the hell do you think you people are? You are very, very dangerous people, indeed." -- http://youtu.be/2gm9q8uabTs -- 'We'd seen a previous video by Farage that was quite impressive. He stands up in the Parliament in front of all of them – the ones who are basically building a fascist state, not to put too fine a point on it – and gives them the business, good and hard. It is as if someone stood up in the legislature in pre-war Germany. It takes a lot of nerve. He doesn't come across as forced to us but as passionate and committed. It is even more satisfactory (if you are anti-EU) to watch the expressions on the faces of those who continue to pursue the EU experiment at the behest of the Anglo-American elite that began this wretched exercise some 60 years ago. It seems the truth is sinking into the august deliberative body that they may have pushed too far and too fast.'November 18 2010
YouTube -- RT: Gerald Celente: Currency Wars + Trade Wars = Real Wars
'Britain says it's ready to help debt-hit Ireland with billions of pounds of direct loans. At a meeting of European finance ministers, Chancellor George Osborne said it's in the UK's interest to support its closest neighbour. The meeting comes amid fresh market turmoil and fears some smaller economies like Portugal and Ireland are unable to service their massive debts. The E.U. President warned the Eurozone is actually facing a fight to survive. Trend forecaster Gerald Celente says the euro has been put to its greatest test ever.'
'Britain says it's ready to help debt-hit Ireland with billions of pounds of direct loans. At a meeting of European finance ministers, Chancellor George Osborne said it's in the UK's interest to support its closest neighbour. The meeting comes amid fresh market turmoil and fears some smaller economies like Portugal and Ireland are unable to service their massive debts. The E.U. President warned the Eurozone is actually facing a fight to survive. Trend forecaster Gerald Celente says the euro has been put to its greatest test ever.'
November 02 2010
zero hedge -- December 7 Is The Unofficial Pan-European Bank Mutiny Day
'Since virtually all actions in 2010 by the global central banking cartel have been geared toward stabilizing the European banking system which continues to wobble on the edge of a complete systemic collapse, perhaps the marginal withdrawal of a few billion in deposits could be just the straw that forces a reset first in Europe, and shortly thereafter in the rest of the globalized developed world. ...in just 24 hours 1,500 readers have pledge their support to the action's various Facebook support sites, and another 48,000 are on the waitlist. We hope that more alternative media (the mainstream will unlikely support such a radical venture) catches on, and more Europeans realize they have all to gain and little to lose from forcing the balance of power to shift away from the banks, and into the hands of the people. ...below are the various facebook support pages: Italy, France, Germany, Holland, Great Britain, Greece'October 30 2010
The Daily Bell -- Is Unrest the EU's New Normal?
'Basically, the EU poured billions into the Southern PIGS, ostensibly to ensure that the PIGS state finances were bolstered and made ready for the stricter EU monetary and fiscal discipline. But in fact, the money poured from the EU into the pockets of those who led these countries—and these individuals were then motivated to ensure that their nations joined the EU. Basically it was a pay off. The pay off was further enhanced when chosen EU banks extended further questionable loans to these PIGS. The amount of money that poured through the PIGS was incredible. And now it is gone. And PIGS' citizens are told they must adopt austerity. -- The Internet is a process not an episode. Much the same sort of enlightenment is taking place in the United States as well. Britain is lagging, but we expect that to change. ...we believe that in the near future, more and more will perceive that the free-market thinking now taking hold throughout the West is not an aberration but the "new normal."'October 21 2010
The Daily Bell -- Cameron and Sarkozy Build EU Army
'...neither the Tories nor Labour can afford politically simply to come out and say that the Anglo-American power elite, a handful of extraordinarily wealthy and dominant families and banking groups (among others), has decided to trade Britain in for Europe. But it has. The Brussels' based EU judiciary now has the power to try British citizens in abstentia and apparently to arrest them at will. Of course, through it all, the British political classes continue to make the right sounds about sovereignty... They've been making the same noises for 50 years, however, and one would think the British might start to see through it. The power of the Anglo-American elite remains pernicious when it comes to mainstream politics. There is only one true policy, which is increasing amounts of authoritarianism and globalization. In both Britain and America, the Left consolidates and nationalizes the economy while the Right pursues increasingly authoritarian policies at home and serial wars abroad.'September 07 2010
The Daily Bell -- EU Treasury Overkill?
'Dominant Social Theme: Thanks goodness the EU continues to acquire necessary powers. The EU is an elite, fear-based promotion. A dominant social theme. "If we do not have the size and strength to confront China and the US, we will fall behind. We need a single currency and eventually a single state." But nations do not compete with each other based on size. Nations do not compete at all. People engage in trades and trading with each other as necessary, fulfilling the larger needs of the market and the Invisible Hand. In the future, the EU's inevitable rise and gathering of evermore power will be explained as a natural function of the necessity of bigness in the "modern" world. It is no such thing. It is evidently and obviously an Anglo-American power grab. The aim is world government. Those involved in themes and the push for a "one world order" are so committed to it that they see no way out at this point.'June 16 2010
The Daily Bell -- Eurozone Still Failing
'...the evil lurking at the heart of the EU is all the more evident in our view for its hidden nature – the iron fist in the velvet glove. Make no mistake about it; the EU was and still is an empire-in-the-making with all the features of empire, the endless, corrupt prerogatives at the top and the glib manufacture of regulations for everyone beneath. Thousands upon thousands of regulations, in fact, more than Babylon's Hammurabi code, issuing out in a torrent from the dysfunctional nation state of Brussels and ruining – literally ruining – people's livelihoods and lives. But now it may be coming to an end. The smooth-talking, silk-suited thugs of Brussels, those who dished out this horror on behalf of their elite paymasters are coming up against a wall that they cannot climb, a stumbling block they cannot intimidate, a barrier they cannot cross. It is the free-market itself, and right now it is having its way with a vengeance. There is a showdown coming.' -- Europe. No Future.June 07 2010
The Daily Bell -- Mainstream Media Predicts Euro Death
'There is the idea that Europeans are content to work a few hours a day and then live off the government and go on as many vacations as possible. This has been purveyed as a "social contract" – and Europeans as naively joining in. We would argue it is not a social contract. It is the cynicism of tough tribes. The Americans, perhaps, are the naïve ones, trusting government (in the modern era anyway) to do the right thing. In Europe, there is little trust but much rhetoric. Moist summer heat rises; memes fall. The quest to impose Western-style regulatory democracy on the Middle East is not going well. Even central banking has come under increasing fire as its anti-market/price-fixing operations are increasingly revealed. Now the survival of the EU itself is being questioned. And so to war – the final solution. In war, the elite finds the chaos necessary to realign sociopolitical systems, extend governance and promote the further health of the state. And yet ... maybe not this time.'June 03 2010
The Daily Bell -- A New Euro to Save the Old One?
'Without credibility, no political structure can long survive. That's the reason the elite struggles so long and hard to manufacture consent through dominant social themes. That's the reason to control the masses via fear-based promotions rather than bullets and soldiers. Once rulers start to speak the language of violence, the context changes. Now violence is seen as part and parcel of the conversation. And there are a lot more of the ruled than the rulers. For these reasons among others, we believe the ability of those who have placed themselves in charge of the EU will find at some point that it is simply too hard to manufacture a consensus to continue on... If the EU really does succumb to entropy, we would tend to think it might fly apart entirely and countries, at least some of them, will end up with their own currencies again. We don't think that's such a terrible outcome, especially given that the alternative is a grim, forced austerity under the lash of the IMF.'June 02 2010
The Daily Bell -- EU Spins Out of Control
'Halligan is puzzled about why the EU wishes to impose an international bank tax – ("the EU-elite think they can instead placate the public, and win popularity, by throwing voters a bone in the form of a bank tax") – but we are not sure about that. Over and over the powers-that-be are pushing for taxing authority to be developed by any means possible. This emphasis does not seem odd if one considers the mechanisms that the power-elite has put in place and is now trying to activate. There is the IMF – the monetary arm of global governance and the UN – a government in waiting. What else is necessary is a global tax structure. (Taxes being necessary to pay the interest on the kind of fiat money that the elite has in mind issuing, ultimately.) -- The elite does not have a monopoly over communication anymore thanks to the Internet and it is our suspicion that once a serious opposition gets underway, it will not simply mimic the left-right lines of the past.'
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