Socio-Economics History Blog

Socio-Economics & History Commentary

Fitzwilson: The Entire Planet’s Financial System is at Stake!

  • I don’t wish to be apocalyptic but things are really terrible. And this is an understatement. The sheeple are still asleep. The financial tsunami will sweep the world.

    Fitzwilson – The Entire Planet’s Financial System is at Stake! 
    With gold, silver and stocks on the move, today King World News interviewed 40 year veteran, Robert Fitzwilson. Fitzwilson is founder of The Portola Group, one of the premier boutique firms in the Unites States. Fitzwilson told King World News this time around, versus the 1970s, the situation is orders of magnitude worse because it’s the entire planet’s financial system that is at stake. He also believes we will eventually see panic. Here is what he had to say about what is happening:
    “If someone can tell me when the printing is going to stop, then I can tell you when to sell gold. But there is no evidence of that. In fact the printing is accelerating.

    What historically triggers a problem is people come to the conclusion the money is no longer trustworthy and at that point, you get the panic. Everybody tries to get out of paper and into hard assets.
    Gradually the currency is going down, but history tells us at some point in the future it accelerates and then gold goes up exponentially. But by the time everybody figures it out it’s too late.
    So this is very serious stuff. This time around it is orders of magnitude worse because it’s the entire planet’s financial system.”

    … for the full article click here!


February 15, 2012 Posted by | Economics | , , , , , , , , | 1 Comment

Barron: This is Financial Armaggedon, Lehman x 1,000 !

  • If you are not convinced still that the world is heading towards a global financial, economic and monetary collapse, read what Keith Barron has to say!

    Barron – This is Financial Armaggedon, Lehman x 1,000! 
    Today one of the legends in the gold world told King World News what we are looking at right now is “financial Armaggedon.” Keith Barron is responsible for one of the largest gold discoveries in history and consults with major gold companies around the world as well as international brokerage houses. Barron described the current situation as “Lehman times 1,000.” Here is how Barron described the financial nightmare: …..
    We are looking at financial Armageddon. This is just awful, Lehman times 1,000. This is why they are going to all of these crazy extremes and calisthenics to make it seem like Greece is not defaulting so the bond insurance doesn’t kick in. They are trying to call it ‘an organized settlement.’ But a default is a default. This will ultimately end up in the courts.

    You have to consider that if Europe is going down, then the euro is going to turn into Monopoly money. It’s going to be rubbish. I would avoid anything that is euro denominated like the plague. The Americans could be left holding the bag with a lot of this. …. You have the potential here to see multiple Weimar type hyperinflations. People may say I’m alarmist or crazy talking about this, but I’ve lived in many countries in South America and I have seen various currencies go to zero. I’ve seen it many times.

    … for the full article click here!


February 15, 2012 Posted by | Economics | , , , , , , , , , , | Comments Off on Barron: This is Financial Armaggedon, Lehman x 1,000 !

History of Ashkenazi’s + Next False Flag: Israel Bombs Israeli Embassy & US Navy!

Revelation 2:9 - .... and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

“ … it turns out the creation of Israel had not, after all, been a haphazard fight in which the Arabs fled their homes at the directives of their own leaders, but it had been an unprovoked, systematic campaign of ethnic cleansing by the Jewish militia involving massacres, terrorism and the wholesale looting of an entire nation.” from 4:22 onwards


February 15, 2012 Posted by | GeoPolitics, History | , , , , , , , , , , | Comments Off on History of Ashkenazi’s + Next False Flag: Israel Bombs Israeli Embassy & US Navy!

Bob Chapman: A War With Iran Can Turn Into World War 3 !

February 15, 2012 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , | Comments Off on Bob Chapman: A War With Iran Can Turn Into World War 3 !

Obama’s CFR Economic Council Director Calls for Global Tax!

The white horseman logo of the Illuminati Council on Foreign Relations (CFR). They labour to lay the foundation for the coming of the white horseman, the fake messiah, the Anti-Christ, the bringer of false peace of Revelation 6.

All scams are based on deception and mis-direction! '666' is coming!

February 15, 2012 Posted by | Economics, GeoPolitics, Social Trends | , , , , , | Comments Off on Obama’s CFR Economic Council Director Calls for Global Tax!

Naeim Giladi: How Zionist Jews Used False Flag Terrorism To Kill Iraqi Jews & To Get Them To Emigrate To Israel !

Author: Iraqi Jew - Naeim Giladi. Click on image to goto E-Book.

  • Zionism is an Illuminist construct. At the heart of the Zionist flag is the Satanic ‘666’ Hexagram. Unfortunately, the Christian sheeple and Jewish sheeple are greately deceived. Zionists have been fomenting Anti-Semitism and murdering their fellow Jews for decades. This is to force the Jewish sheeple to ‘return’ to Israel. The Zionists-Illuminists are simply executing the Satanic plan to set the world up for the coming Satanic World War 3. Zionist ‘666’ Israel is not the Israel of the Bible. It is a Satanic counterfeit. Modern Ashkenazi Jews are not the biological descendents of the 12 tribes of Israel. They are not the Jews of the Bible!
  • Zionist, Moshe Sharett, who was Israeli’s first Foreign Minister from 1948-1956, and Prime Minister from 1954-1956 said (emphasis mine):
    In his diary, Sharett quotes a conversation with Army Chief of Staff Moshe Dayan in May 1955:

    We face no danger at all of an Arab advantage of force for the next 8-10 years…Reprisal actions which we couldn’t carry out if we were tied to a security pact are our vital lymph…they make it possible for us to maintain a high level of tension in our population and in the army. Without these actions we would have ceased to be a combative people… “

    Sharett concludes: “The state…. must see the sword as the main if not the only, instrument with which to keep its morale high and to retain its moral tension. Toward this end it may — no it MUST — invent dangers, and to do this it must adopt the method of provocation and revenge…. And above all, let us hope for a new war with the Arab countries so that we may finally get rid of our troubles and acquire our space.

    Jews Against Zionism: (emphasis mine)
    It has been the age-old intention of Zionism to intentionally stir up anti-Semitism anywhere possible, and even more commonly, to take advantage of any Jewish suffering anywhere in order to enhance its cause. Indeed, hatred of Jews and Jewish suffering is the oxygen of the Zionist movement, and from the very beginning has been to deliberately incite hatred of the Jew and then, in feigned horror, use it to justify the existence of the Zionist state – this is, of course, Machiavellianism raised to the highest degree. Thus, the Zionists thrive on hatred and suffering of Jews, and seek to benefit thereby through keeping Jews in perpetual fear, causing them to ignore the true nature of Zionism, and instead to consider the Zionist state is their salvation.
    As far as Zionism is concerned, the founder of Zionism and apostate, Theodor Herzl, sought to intensify hatred of the Jew in order to enhance the cause of political Zionism. Here are some of his “pearls”:

    “It is essential that the sufferings of Jews. . . become worse. . . this will assist in realization of our plans. . .I have an excellent idea. . . I shall induce anti-semites to liquidate Jewish wealth. . . The anti-semites will assist us thereby in that they will strengthen the persecution and oppression of Jews. The anti-semites shall be our best friends”. (From his Diary, Part I, pp. 16)
    There is a huge amount of literature describing how the Zionists made it very difficult to save Jews during and after World War II. As various individuals and organizations were trying to arrange departures of Jews to western countries, the Zionists worked overtime to prevent this from happening. They expressed the opinion that building up the Jewish population of Palestine was more important than enabling Jews to go to third countries, and they insisted to western powers that Jews should not be accepted anywhere other than Palestine. Indeed, Yitzchak Greenbaum, a famous Zionist, proclaimed that “one cow in Palestine was worth more than all the Jews in Poland.” The infamous David Ben-Gurion said in 1938:

    “If I knew it was possible to save all the children in Germany by taking them to England, and only half of the children by taking them to Eretz Israel, I would choose the second solution. For we must take into account not only the lives of these children but also the history of the people of Israel.”
  •  This is an excellent article written by a Jew who suffered through the hands of the Zionists. Excerpts :

    by Naeim Giladi
    I write this article for the same reason I wrote my book: to tell the American people, and especially American Jews, that Jews from Islamic lands did not emigrate willingly to Israel; that, to force them to leave, Jews killed Jews; and that, to buy time to confiscate ever more Arab lands, Jews on numerous occasions rejected genuine peace initiatives from their Arab neighbors. I write about what the first prime minister of Israel called “cruel Zionism.” I write about it because I was part of it.


    The Link interviewed Naeim Giladi, a Jew from Iraq, for three hours on March 16, 1998, two days prior to his 69th birthday. For nearly two other delightful hours, we were treated to a multi-course Arabic meal prepared by his wife Rachael, who is also Iraqi. “It’s our Arab culture,” he said proudly.

    In our previous Link, Israeli historian Ilan Pappe looked at the hundreds of thousands of indigenous Palestinians whose lives were uprooted to make room for foreigners who would come to populate confiscated land. Most were Ashkenazi Jews from Eastern Europe. But over half a million other Jews came from Islamic lands. Zionist propagandists claim that Israel “rescued” these Jews from their anti-Jewish, Muslim neighbors. One of those “rescued” Jews-Naeim Giladi-knows otherwise.

    In his book, Ben Gurion’s Scandals: How the Haganah & the Mossad Eliminated Jews, Giladi discusses the crimes committed by Zionists in their frenzy to import raw Jewish labor. Newly-vacated farmlands had to be plowed to provide food for the immigrants and the military ranks had to be filled with conscripts to defend the stolen lands. Mr. Giladi couldn’t get his book published in Israel, and even in the U.S. he discovered he could do so only if he used his own money.

    The Giladis, now U.S. citizens, live in New York City. By choice, they no longer hold Israeli citizenship. “I am Iraqi,” he told us, “born in Iraq, my culture still Iraqi Arabic, my religion Jewish, my citizenship American.”

    John F. Mahoney
    Executive Director,

    Americans for Middle East Understanding (AMEU)
    About 125,000 Jews left Iraq for Israel in the late 1940s and into 1952, most because they had been lied to and put into a panic by what I came to learn were Zionist bombs. But my mother and father were among the 6,000 who did not go to Israel. Although physically I never did return to Iraq-that bridge had been burned in any event-my heart has made the journey there many, many times. My father had it right.

    Now it dawned on me. Before Israel could establish its farmers’ city, it had to rid al-Majdal of its indigenous Palestinians. …. I read over the petition. In signing, the Palestinian would be saying that he was of sound mind and body and was making the request for transfer free of pressure or duress. Of course, there was no way that they would leave without being pressured to do so. These families had been there hundreds of years, as farmers, primitive artisans, weavers. The Military Governor prohibited them from pursuing their livelihoods, just penned them up until they lost hope of resuming their normal lives. That’s when they signed to leave.

    I was there and heard their grief. “Our hearts are in pain when we look at the orange trees that we planted with our own hands. Please let us go, let us give water to those trees. God will not be pleased with us if we leave His trees untended.” I asked the Military Governor to give them relief, but he said, “No, we want them to leave.”

    I could no longer be part of this oppression and I left. Those Palestinians who didn’t sign up for transfers were taken by force-just put in trucks and dumped in Gaza. About four thousand people were driven from al-Majdal in one way or another. The few who remained were collaborators with the Israeli authorities.
    I was disillusioned at what I found in the Promised Land, disillusioned personally, disillusioned at the institutionalized racism, disillusioned at what I was beginning to learn about Zionism’s cruelties. The principal interest Israel had in Jews from Islamic countries was as a supply of cheap labor, especially for the farm work that was beneath the urbanized Eastern European Jews. Ben Gurion needed the “Oriental” Jews to farm the thousands of acres of land left by Palestinians who were driven out by Israeli forces in 1948.

    And I began to find out about the barbaric methods used to rid the fledgling state of as many Palestinians as possible. The world recoils today at the thought of bacteriological warfare, but Israel was probably the first to actually use it in the Middle East. In the 1948 war, Jewish forces would empty Arab villages of their populations, often by threats, sometimes by just gunning down a half-dozen unarmed Arabs as examples to the rest. To make sure the Arabs couldn’t return to make a fresh life for themselves in these villages, the Israelis put typhus and dysentery bacteria into the water wells.

    Uri Mileshtin, an official historian for the Israeli Defense Force, has written and spoken about the use of bacteriological agents[1]. According to Mileshtin, Moshe Dayan, a division commander at the time, gave orders in 1948 to remove Arabs from their villages, bulldoze their homes, and render water wells unusable with typhus and dysentery bacteria.
    With the Israeli invasion of Lebanon and the Israeli-condoned Sabra and Shatilla massacres, I had had enough of Israel. I became a United States citizen and made certain to revoke my Israeli citizenship. I could never have written and published my book in Israel, not with the censorship they would impose.

    Even in America, I had great difficulty finding a publisher because many are subject to pressures of one kind or another from Israel and its friends. I ended up paying $60,000 from my own pocket to publish Ben Gurion’s Scandals: How the Haganah & the Mossad Eliminated Jews, virtually the entire proceeds from having sold my house in Israel.
    These documents, including some that I illegally copied from the archives at Yad Vashem, confirm what I saw myself, what I was told by other witnesses, and what reputable historians and others have written concerning the Zionist bombings in Iraq, Arab peace overtures that were rebuffed, and incidents of violence and death inflicted by Jews on Jews in the cause of creating Israel.
    The first bomb thrown directly at Jews occurred on April 8, 1950, at 9:15 p.m. A car with three young passengers hurled the grenade at Baghdad’s El-Dar El-Bida Café, where Jews were celebrating Passover. Four people were seriously injured. That night leaflets were distributed calling on Jews to leave Iraq immediately.

    The next day, many Jews, most of them poor with nothing to lose, jammed emigration offices to renounce their citizenship and to apply for permission to leave for Israel. So many applied, in fact, that the police had to open registration offices in Jewish schools and synagogues.

    On May 10, at 3 a.m., a grenade was tossed in the direction of the display window of the Jewish-owned Beit-Lawi Automobile Company, destroying part of the building. No casualties were reported.

    On June 3, 1950, another grenade was tossed from a speeding car in the El-Batawin area of Baghdad where most rich Jews and middle class Iraqis lived. No one was hurt, but following the explosion Zionist activists sent telegrams to Israel requesting that the quota for immigration from Iraq be increased.

    On June 5, at 2:30 a.m., a bomb exploded next to the Jewish owned Stanley Shashua building on El-Rashid street, resulting in property damage but no casualties.

    On January 14, 1951, at 7 p.m., a grenade was thrown at a group of Jews outside the Masouda Shem-Tov Synagogue. The explosive struck a high-voltage cable, electrocuting three Jews, one a young boy, Itzhak Elmacher, and wounding over 30 others. Following the attack, the exodus of Jews jumped to between 600-700 per day.

    Zionist propagandists still maintain that the bombs in Iraq were set off by anti-Jewish Iraqis who wanted Jews out of their country. The terrible truth is that the grenades that killed and maimed Iraqi Jews and damaged their property were thrown by Zionist Jews.

    … for the complete article click here!

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.


February 15, 2012 Posted by | GeoPolitics, History | , , , , , , , , , | Comments Off on Naeim Giladi: How Zionist Jews Used False Flag Terrorism To Kill Iraqi Jews & To Get Them To Emigrate To Israel !

There’s Talk of an Exit – But Default Would Have Catastrophic Consequences!

  • This Eurozone sovereign debt crisis is engineered by the Illuminati. The Euro was setup to fail from day 1. The Illuminists know this. Their plan is to destroy the current world order, create enormous chaos, unrest, poverty, famine, violence, death …. and lead the world to World War 3. They are simply aligning the pieces for a catastrophic collapse: a global economic, financial and monetary meltdown. They are aligning their military might to start their Satanic World War 3 via Iran and Zionist Israel. The end result they desire is a Luciferian New World Order, World Government and Global Supra-National Central Bank.
  • The Illuminists do not want the PIIGS to default and return to their own national currencies. This will be a set back for their One World Currency plan. It will be very hard to get these nations out of their national currencies and into a World Currency once the national currencies are in place. So, they are fighting very hard to set everything right for the coming collapse and then introduce their World Currency backed by gold.

    There’s talk of an exit – but default would have catastrophic consequences! 
    by Heather Stewart,
    The prospect of a eurozone without Greece is now openly discussed, even though break-up would bring banking chaos
    Greece‘s finance minister, Evangelos Venizelos, believes his country’s dilemma about whether to pay the price and stay in the euro is a moment of destiny; but a Greek exit – “Grexit”, as it is being called – would send shockwaves throughout the world economy.

    In theory, Greece could default on its debts and remain within the single currency: the bailout now on the table already involves a partial default to private sector creditors such as banks. But resentment against Greece has been growing in Brussels, where it is seen as tarnishing the euro project. If politicians in Athens cannot reach agreement on the latest cutbacks – or if they sign up and then fail to deliver – their eurozone partners may take that as a decision to leave the club.

    As the talks rolled on last week, a growing number of voices in the single currency’s more stable “core” countries suggested they could manage without Greece. Dutch prime minister Mark Rutte said: “We are currently so strong in the rest of the eurozone… that we can handle an exit of Greece.” Some investors, too, argue that, because a default has been a possibility for many months, financial markets would take it in their stride.

    But default and “re-drachmatisation” would be a costly and chaotic process. In the long term the euro might be strengthened if some of its weaker members headed for the door. But in the short term banks across the eurozone might have to be closed to prevent a run on the single currency as investors speculated about which country might be next. A new wave of bank nationalisations would be likely to follow as lenders counted their losses on now worthless Greek debt.

    Capital controls would have to be imposed and borders shut to stop money flooding out of Greece. Portugal, Italy and Spain would come under intense pressure from investors wary about the risk of another victim. Banks everywhere, already reluctant to lend, would cut back hard, nervous about their exposure to the bonds of all Europe‘s crisis-hit states.

    For Greece, a drastic devaluation – the markets would be likely to value any new drachma at less than half the value of the euro – could at least provide the hope of an export-led recovery. But unlike Argentina, which defaulted on its debts in 2001 after a wrenching political and economic crisis, Greece has neither the advantage of plentiful natural resources nor a boom in the world economy to ride. There’s no easy way out: but as the economist Nouriel Roubini points out, even with this second bailout Greece will be left with debts worth 120% of GDP by 2020 – which he says still amounts to insolvency.


February 15, 2012 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Comments Off on There’s Talk of an Exit – But Default Would Have Catastrophic Consequences!

India To Step Up Ties With Tehran; Unfazed by US Sanctions!

  • It looks like the Anglo-American-Zionist west will have a lot of problems bringing India into their fold. They are going to have difficulties trying to bait India into a war with Pakistan and thus China. This is good news. Both Pakistan and China are standing on the side of Iran. With India, a nuclear power, standing with Iran, US, NATO and Israel will not find this coming Greater Middle East war easily winnable!

    India to step up ties with Tehran; unfazed by US sanctions! 
    NEW DELHI: Unfazed by US sanctions and Israel linking Tehran to the attack on an Israeli embassy car here, India is set to ramp up its energy and business ties with Iran, with a commerce ministry team heading to Tehran to explore fresh business opportunities.

    The team is expected to go to Tehran later this month to discuss steps to expand India’s trade with Iran, part of a larger strategy to pay for Iranian oil, said highly-placed sources.

    Despite the US and European Union sanctions on Iran, India recently sealed a payment mechanism under which Indian companies will pay for 45 percent of their crude oil imports from Iran in rupees.

    Not just oil, India is also stepping up the refurbishing of the Chabahar Port in Iran and a strategic railway link that will offer it direct access to Afghanistan and the energy-rich Central Asia.

    In recent years, India has taken care to insulate its multi-faceted ties with Iran from the West’s collision with Tehran over its nuclear programme. The West accuses Iran of developing nuclear bombs.

    India is uneasy at Israeli accusations about Iran’s hand in the Monday bombing that targeted an Israeli embassy car, badly injuring the wife of the Israeli defence attache. India, the sources said, does not want to be drawn into a diplomatic war of words between Tehran and Tel Aviv. Iran has rubbished Israeli charges as “empty lies”.

    But with Israel launching a diplomatic offensive and the American Jewish Congress (AJC) asking India to scale down its engagement with Iran, New Delhi could come under renewed pressure from the West to cut off ties with what the Americans say is a rogue regime.

    … for more click here!


February 15, 2012 Posted by | Economics, GeoPolitics | , , , , , , , , | Comments Off on India To Step Up Ties With Tehran; Unfazed by US Sanctions!

Eurozone Leaders ‘Call Off Greece Crisis Talks’!

  • Greece is bust! The economy is in severe contraction and unemployment is over 20%. Greece will default. It is a question of whether it will trigger a wave of defaults in the PIIGS and bring down the Eurozone and the world.

    Eurozone leaders ‘call off Greece crisis talks’! 
    The head of the eurozone countries has downgraded a eurozone finance ministers meeting on Wednesday, saying Greece has not yet given the necessary assurances about its austerity plan.

    Ministers, who had demanded Greece find an extra 325m euros of savings, had been set to meet in Brussels. But Eurogroup President Jean-Claude Juncker said the talks would be replaced by a conference call. He said technical work with Greece was still needed “in a number of areas”.

    Finance ministers had not received assurances from leaders of Greek political parties on a programme of proposed cuts, Mr Juncker was quoted as saying by Reuters news agency. He said that “against this background, I have decided to convene ministers to a conference call tomorrow in order to discuss the outstanding issues”.

    As well as 17 ministers from nations that use the euro, the president of the European Central Bank Mario Draghi and the Commissioner for Economic and Monetary Affairs, Olli Rehn, had also been due to attend the meeting. Mark Lowen, the BBC’s Athens correspondent, says the Greek Prime Minister’s office confirmed that the face-to-face meeting had been called off.

    The latest 130bn-euro bailout ($169.5bn, £108.7bn) was agreed in principle by EU leaders in October, conditional on Greece adopting further measures to cut its deficit and restructure its economy.

    … for more click here!


February 15, 2012 Posted by | Economics | , , , , , , , , , | Comments Off on Eurozone Leaders ‘Call Off Greece Crisis Talks’!

Gallo: Greece Will Have `Hard Default’ !

Click on image to goto Bloomberg video!

  • Greece Will Have `Hard Default,’ Gallo Says
    Feb. 10 (Bloomberg) — Alberto Gallo, head of European credit strategy at Royal Bank of Scotland Group Plc, talks about the outlook for resolution of Greece’s debt crisis and the credit market in Europe. He speaks on Bloomberg Television’s “InBusiness With Margaret Brennan.” (Source: Bloomberg)


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Arab Swing: Saudis & Qatar in Rush To Please US!

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Keiser Report: Tombstone Austerity!

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Who Runs Greece? Bankers Who Pit Poor vs Poor!

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Russian Military: Attack on Iran Coming This Summer!?

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Paul Craig Roberts: Is Western Democracy Real or a Facade?

  • Not only is western democracy a facade, I would add that all democracies are a facade. The world is ruled by a Satanic cabal (for the west it is the Black Nobility of Europe. See chart below.) These people are the 13 Satanic bloodlines, the seed of the serpent. They trace their lineage to the fallen angels who co-habited with women in Genesis 6. They consider themselves as divine, the children of the ‘gods’, the master race rulers of the earth. Most politicians are just Illuminist puppets. They are front men for the 13 Satanic bloodlines. The sheeple are totally deceived.

    Is Western Democracy Real or a Facade? 
    The United States government and its NATO puppets have been killing Muslim men, women and children for a decade in the name of bringing them democracy. But is the West itself a democracy?

    Skeptics point out that President George W. Bush was put in office by the Supreme Court and that a number of other elections have been decided by electronic voting machines that leave no paper trail. Others note that elected officials represent the special interests that fund their campaigns and not the voters. The bailout of the banks arranged by Bush’s Treasury Secretary and former Goldman Sachs chairman, Henry Paulson, and Washington’s failure to indict any banksters for the fraud that contributed to the financial crisis, are evidence in support of the view that the US government represents money and not the voters.

    Recent events in Greece and Italy have created more skepticism of the West’s claim to be democratic. Two elected European prime ministers, George Papandreou of Greece and Silvio Berlusconi of Italy, were forced to resign over the sovereign debt issue. Not even Berlusconi, a billionaire who continues to lead the largest Italian political party, could stand up to the pressure brought by private bankers and unelected European Union officials.

    Papandreou lasted only 10 days after announcing on October 31, 2011, that he would let the Greek voters decide in a referendum whether or not to accept the austerity being imposed on the Greek people from the outside. Austerity is the price charged by the EU for lending the Greek government the money to pay to the banks. In other words, the question was austerity or default. However, the question was decided without the participation of the Greek people.

    Consequently, Greeks have taken to the streets. The conditions accompanying the latest tranche of the bailout have again brought large numbers of Greeks into the streets of Athens and other cities. Citizens are protesting a 20% cut both in the minimum wage and in pensions larger than 12,000 euros ($15,800) annually and more cuts in public sector jobs. Greek taxes were raised 2.3 billion euros last year and are scheduled to rise another 3.4 billion euros in 2013. The austerity is being imposed despite Greece’s unemployment rate of 21% overall and 48% for those under the age of 25.

    One interpretation is that the banks, which were careless in their loans to governments, are forcing the people to save the banks from the consequences of their bad decisions.

    Another interpretation is that the European Union is using the sovereign debt crisis to extend its power and control over the individual member states of the EU. Some say that the EU is using the banks for the EU’s agenda, and others say the banks are using the EU for the banks’ agenda. Indeed, they may be using each other. Regardless, democracy is not part of the process.

    Greece’s appointed–not elected–prime minister is Lucas Papademos, He is a former governor of the Bank of Greece, a member of Rockefeller’s Trilateral Commission, and former vice president of the European Central Bank. In other words, he is a banker appointed to represent the banks.

    … for more click here!

The Western Illuminati Organization Chart. Source:


February 15, 2012 Posted by | GeoPolitics, Social Trends | , , , , | Comments Off on Paul Craig Roberts: Is Western Democracy Real or a Facade?