Socio-Economics History Blog

Socio-Economics & History Commentary

Gerald Celente: Tax on Deposits Means Stealing Your Money!

  • Gerald Celente: Tax on Deposits Means Stealing Your Money! 
    Trends forecaster Gerald Celente says, “The United States is provoking North Korea.  They keep putting more and more sanctions on them.  It’s economic warfare.”  Celente is worried that “economic warfare” will turn into a shooting war.  Celente warns, “This is just another losing war that’s going to end up with weapons of mass destruction annihilating millions if this madness is not stopped.”  On the topic of the Cyprus banking crisis, Celente says it’s coming to the U.S. and points out he predicted this a year and a half ago.  Celente says, “Tax on deposits?  Can any adult say stealing your money?”  What about the recent lackluster performance of gold and silver?  Can it still protect you?  Celente says, “Suppose you can’t get your money out of the banks.  Suppose they just screwed you.  You need food or fuel.  You’d like a couple of pieces of gold or silver in your hand.  You think that would buy you anything?”   On the subject of Homeland Security stockpiling hollow point ammunition, Celente says, “That we are even having this discussion shows how fascist things have become.   How much of history has to be repeated before we see it is repeating itself, again?”  Join Greg Hunter as he goes One-on-One with Gerald Celente, Publisher of the Trends Journal. 

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April 1, 2013 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Comments Off on Gerald Celente: Tax on Deposits Means Stealing Your Money!

Cyprus Changed Everything, How To Safeguard Your Money!

CARTOON_WALL_STREET_THEFT

  • Cyprus Changed Everything, How To Safeguard Your Money! 
    by www.kingworldnews.com
    Today 40-year veteran, Robert Fitzwilson, wrote the following piece exclusively for King World News.  Fitzwilson, who is founder of The Portola Group, warned investors that the Cyprus theft has now changed everything.  He also focused on what investors around the world can do to protect themselves.

    “A phrase which many of us are familiar with and often use is “Taking Money Off Of The Table”.  It is first and foremost a gambling reference, but it is generally used to describe a reduction of risk.  People have viewed “going to cash” or pulling out of the investment markets as a way to not be “invested” in order to achieve a reduction in volatility and market-related risk. 

    It has also been seen as a way to avoid business and solvency risks specific to an issuer of various forms of stock and fixed income.  Preferred stock has been considered to be safer than straight equity.  More like a bond.  Notes and bonds were often high on the pecking order in case the issuer ran into trouble or was even being liquidated. We found out with the Cyprus Crisis that taking money off of the table is no longer the safe and secure alternative to being in the investment markets….

    read more!

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April 1, 2013 Posted by | Economics | , , , , , , , , , , , | Comments Off on Cyprus Changed Everything, How To Safeguard Your Money!

President Ronald Reagan’s (1987) Speech About UFO Alien Invasion At United Nations!

https://socioecohistory.wordpress.com/2012/12/24/russian-prime-minister-medvedev-unexpectedly-reveals-extraterrestrials-presence-in-russia/

Click on image to goto video!

Ronald_Reagan_Alien_Invasion_Threat

John_Dewey_Alien_Invasion_Uniting_World

General_MacArthur_1955_Alien_Invasion_War

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April 1, 2013 Posted by | EndTimes, Social Trends | , , , , , , , , , , , | 1 Comment

Will Washington DC, Vatican City and Jerusalem Host the Revealing? Alien Disclosure?

UFOs over Washington DC 1952, mass sighting!

UFOs over Washington DC 1952, mass sighting!

  • Will Washington DC, Vatican City and Jerusalem Host the Revealing? 
    by Cris Putnam, http://www.logosapologia.org/ 
    In both Apollyon Rising and Petrus Romanus, a synchronicity between Vatican City and Washington DC was suggested concerning the eschatological beliefs of the Occult Elite pertaining to the return of Apollo, whom they believe will rule a final earthly empire. The capitols in both cities feature an occult architecture between a dome (feminine) and an obelisk (phallic Egyptian symbol of fertility), which seems to suggest a sorcerous birth. Our present investigation has yielded another link between Vatican City and Washington DC—a ufological one. Some readers might be familiar with this old photo seen on various UFO websites:
Nov 1954 UFOs over Rome, Italy

Nov 1954 UFOs over Rome, Italy

  • This photo clearly shows St. Peter’s obelisk with a formation of UFOs in the sky above. However, what most websites do not say is that the photo is not genuine, but rather was created as an illustration by the Italian weekly, L’Europeo, for a story that ran on February 3, 1957, describing an actual sighting that occurred on November 6, 1954, by an Italian government official, Console Alberto Perego.[1] This illustration was created based on Perego’s eyewitness testimony, and it was never represented as an actual photo of the event. However, this was a real event with lots of supporting evidence.

    On November 6, 1954, Italian diplomat Dr. Alberto Perego reported seeing a fleet of UFOs over Vatican City to numerous agencies including the Vatican and its astronomical observatory. The National Investigations Committee on Aerial Phenomena (or NICAP) was a civilian UFO research group active in the United States from the 1950s to the 1980s. They preserved the following record:

    According to Italian diplomat Alberto Perego, at that time working in Rome (he was later attached to the Italian Consulate in Belo Horizonte, Brazil) hundreds of people watched a display of numerous small lights like “white spots, sometimes with a short white trail” which formed and reformed in rough geometrical patterns resembling successively the letters “V” and “X”, then separated into two “serpentine curves” which moved off in different directions.[2]

    Perego published his testimony along with diagrams of the formations in books published only in Italian, but, fortunately, also in English for a 1985 issue of Flying Saucer Review (the article is included on the free data DVD provided with the first release of Exo-Vaticana when purchased from SurvivorMall.com). He indicated they flew in formation directly over the Vatican:

    read more!

WashingtonPost_Sancer_Outran_Jet_Pilot_Reveals_28July1952

Herald_News_USA_Jets_told_to_Shoot_Down_Flying_Disc_UFOs_29July1952

UFOs_Over_WashingtonDC_1952_July28_Newspaper

http://www.dailymail.co.uk/news/article-2100947/Eisenhower-secret-meetings-aliens-pentagon-consultant-claims.html

Click on image to goto article!

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April 1, 2013 Posted by | EndTimes, History, Social Trends | , , , , , , , , , | 1 Comment

Doc Marquis: Occult Numerology Points to the Number 13 for Pope Francis! Occult Astrology Points to the Removal of Christianity! The End of the Church Age is Near!

[gigya src=”http://www.blogtalkradio.com/btrplayer.swf” width=”400″ height=”115″ allowFullScreen=”true” wmode=”transparent” flashvars=”file=http://www.blogtalkradio.com%2Fplaylist.aspx%3Fshow_id%3D4520717&autostart=false&shuffle=false&callback=http://www.blogtalkradio.com/FlashPlayerCallback.aspx&width=400&height=115&volume=80&corner=rounded” ]

  • Show was broadcast on 29 March 2013. The first 82 minutes covers the history of the Prophecy of the Popes by St. Malachy. From 82 minutes onwards, Doc Marquis talks about Peter the Roman and Pope Francis. Doc Marquis is of the opinion that: it is highly likely that Pope Francis is Peter the Roman, the Final Pope, the False Prophet of endtimes biblical prophecy. He cites some pretty interesting signs:

    – Occult numerology, Germatria, the number 13
       6 is the number of Man, 7 is the number of God.
       6+7=13: Man attempting to become God ie. the Anti-Christ, Man of Sin.

    2 Thessalonians 2:3-4 New King James Version (NKJV) 
    3 Let no one deceive you by any means; for that Day will not come unless the falling away comes first, and the man of sin[a] is revealed, the son of perdition, 4 who opposes and exalts himself above all that is called God or that is worshiped, so that he sits as God[b] in the temple of God, showing himself that he is God.

    – Pan Starrs, the comet and what it points to.
    – Occult astrology points to the removal of Christianity, the end of the Church Age?
    – and many other issues ….

    Doc Marquis, discusses St. Malachi’s Prophesy of the Popes!
    Doc Marquis, discusses whether the next pope who will take office in March could turn out to be “Peter the Roman” (Petrus Romanus), and could he be become the “False Prophet” found in Revelation 13 that leads the world into the apocalypse?

    Doc Marquis has appeared on and consulted for: 20/20, The Oprah Winfrey Show, Geraldo Rivera, Hard Copy, Inside Edition, Unsolved Mysteries,, Fox Television….

    Doc Marquis was raised as a child in the international, occult group known as the Illuminati. For 20 years he was trained as an Illuminist and attained the rank of Master Witch (a 3rd level Illuminati Witch). As a result of GOD’s sovereignty and mercy, Doc became surrounded by Christians who presented him with the Gospel. Confronted by GOD’s Word and love, he opened his heart and mind. On April 15, 1979 Doc became a Born-Again Christian, forever severing his ties with the Illuminati. . He also trains therapists, clinicians, psychiatrists, psychologists, local and state police, and former/present day members of the F.B.I. in the areas of victim-abuse recovery, S.R.A. (Satanic Ritual Abuse), D.I.D. (Disassociative Identity Disorder), programming/brainwashing, solving occult crimes and the eight major occult groups found in America.
    – 
    Link to show files and photos:http://vyew.com/450904/Doc_Marquis-_Prophecy_of_the_Popes 
http://beforeitsnews.com/alternative/2013/03/argentine-pope-francis-the-first-13-new-pope-elected-at-706-pm-13-italian-time-on-31313-13-age-76-13-2603904.html

Click on image for article!

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April 1, 2013 Posted by | EndTimes, Social Trends | , , , , | Comments Off on Doc Marquis: Occult Numerology Points to the Number 13 for Pope Francis! Occult Astrology Points to the Removal of Christianity! The End of the Church Age is Near!

FDIC & Bank of England Create Resolution Authority for Unlimited Cyprus-Style “Bail-Ins” for TBTF Banks!

Trust_Me_I_M_a_Bankster

  • FDIC & Bank of England Create Resolution Authority for Unlimited Cyprus-Style “Bail-Ins” for TBTF Banks! 
    by http://silverdoctors.com/ 
    On Wednesday, SD broke the news that Canada had buried a provision for depositor bail-ins for systemically important banks deep inside its official 2013 budget, and stated that the Cypriot bail-in was not just a one-off event, but is in fact the new collapse template for the entire Western banking system. We suspected that the same policy change had been made by the US & the UK, but was simply yet to be discovered, buried in the website of a Federal agency.

    We suspected correctly… 

    In the introduction, the resolution informs readers that the FDIC and the Bank of England have been working together to formulate the new bail-in model for future bank failures:

    The Federal Deposit Insurance Corporation (FDIC) and the Bank of England—together with the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York, and the Financial Services Authority— have been working to develop resolution strategies for the failure of globally active, systemically important, financial institutions (SIFIs or G-SIFIs) with significant operations on both sides of the Atlantic.


    The goal is to produce resolution strategies that could be implemented for the failure of one or more of the largest financial institutions with extensive activities in our respective jurisdictions. These resolution strategies should maintain systemically important operations and contain threats to financial stability. They should also assign losses to shareholders and unsecured creditors in the group, thereby avoiding the need for a bailout by taxpayers.

    The joint US/UK resolution states that depositor haircuts are already legal in the UK thanks to the 2009 UK Banking Act:

    In the U.K., the strategy has been developed on the basis of the powers provided by the U.K. Banking Act 2009 and in anticipation of the further powers that will be provided by the European Union Recovery and Resolution Directive and the domestic reforms that implement the recommendations of the U.K. Independent Commission on Banking.  Such a strategy would involve the bail-in (write-down or conversion) of creditors at the top of the group in order to restore the whole group to solvency.


    And that the legal authority has already been given in the US buried in Dodd-Frank:

    read more!
Remember the Golden Rule: He who has the gold makes the rules! Got physical gold yet?

Remember the Golden Rule: He who has the gold makes the rules!
Got physical gold yet?

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April 1, 2013 Posted by | Economics | , , , , , , , , , , , , | 1 Comment

Sorry, Mates, Strictly Business: Australia Wants To Cut Out US Dollar In Trade With China!

  • The longer the western Illuminati drag out their plan for World War 3, the stronger China, Russia and the BRICS will get. Their global monetary hegemony is under severe threat. Their world reserve currency, the USD, is dying. Let me remind you that the western Illuminati will never give up their global currency hegemony. It is a question of when they will trigger their Satanic World War 3. Follow the Japan/China – Senkaku/DiaoYu islands confrontations carefully!
  • The western Illuminati’s plan is to destroy the USD and in the process screw all the nations of the world. Imagine the US$2.5T of Chinese foreign reserves losing 50% of value overnight. Countless countries with US dollar and US treasuries will in like manner be screwed. Many will become insolvent!
  • The western Illuminati’s plan calls for a new One World Currency backed by gold under their total control. This will be under a Global Supra-National World Central Bank (likely to be the IMF 2.0) and under the Luciferian New World Order, World Government –> ‘666’! To path to this eventuality is via global wars! Order out of Chaos, the Satanic philosophy!

    Sorry, Mates, Strictly Business: Australia Wants To Cut Out US Dollar In Trade With China! 
    by , http://www.ibtimes.com/ 
    Australia is seeking to bypass trading in U.S. dollars with China in an effort to avoid the commercial uncertainties that come with the recent fluctuations in the greenback. For example, just a half a year ago, the dollar traded at about $1.20 to the euro; by February, it had weakened to $1.34 per euro and now it is going for $1.27.

    Eliminating the dollar in trade will be the focus of Australian Prime Minister Julia Gillard’s trip to Beijing next week. Trade with China, Australia’s primary trading partner, totaled $120 billion in the last fiscal year. China buys nearly one-third of Australian exports.

    “The value of such a deal would be substantial for exporters to China, especially those that import a lot from China, like mining companies, as it would remove business constraints including exchange-rate risks and transaction costs,” said Australia’s former ambassador to China, Geoff Raby, according to the Australian.

    The Australian government has made no secret of its aims to shift away trade from the U.S. dollar, the world’s primary reserve currency used in international commerce.

    A government report, titled “Australia in the Asian Century,” discusses Canberra’s efforts to establish direct trading between the Australian dollar and the Chinese renminbi, or RMB, also referred to as the yuan. It also pushes for increasing the prominence of the RMB as a global reserve currency.

    “We have held preliminary discussions with the Chinese government to explore how soon direct convertibility can be practicably achieved,” the October 2012 report reads. “We are continuing these discussions, and also exploring other opportunities to work with China to support the internationalization of the RMB.”

    Canberra’s aims to build on a $30 billion currency-swap deal with China signed last year that makes funds available for business transactions between the two countries through their respective state-run banks.

    read more!

Chester_Ward_One_World_Government_CFR

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.

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.

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April 1, 2013 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , , , , , , | 5 Comments

WARNING: “Final” Psy-Op Vs. Syria Begins!

http://www.scribd.com/doc/114889281/War-on-Syria-Cartalucci-Bowie2

Click on image to goto free E-Book!

  • WARNING: “Final” Psy-Op Vs. Syria Begins! 
    by http://landdestroyer.blogspot.co.uk/ 
    March 29, 2013 (LD)  – Out of time, out of legitimacy, and out of options, the West is attempting once again to prop up its faltering terrorist proxies with another psychological operation aimed at breaking the will of the Syrian people, despite the West’s multiplying tactical and political shortcomings. It began with a suspicious CBS News/AP report titled, “AP: “Master plan” underway to help Syria rebels take Damascus with U.S.-approved airlifts of heavy weapons,” which claims to divulge a “covert” plan by the West to flood Syria’s northern and southern borders with increased weapons and fighters for a “final” push to take the capital. The article would claim:

    Mideast powers opposed to President Bashar Assad have dramatically stepped up weapons supplies to Syrian rebels in coordination with the U.S. in preparation for a push on the capital of Damascus, officials and Western military experts said Wednesday.

    A carefully prepared covert operation is arming rebels, involving Jordan, Saudi Arabia, Turkey and Qatar, with the United States and other Western governments consulting, and all parties hold veto power over where the shipments are directed, according to a senior Arab official whose government is participating. His account was corroborated by a diplomat and two military experts.

    One must question why the Western media would boldly declare to the world what is supposed to be a “covert” operation, if such an operation had any tactical chance of succeeding – unless of course, the announcement was designed to either cover for wide-scale Western special operations inside Syria, or to help achieve a psychological victory (or both) – to induce panic and terror across the Syrian population in tandem with recent, and increasingly barbaric terrorist attacks on Syria’s civilians.

    – 
    One such attack included the recent mortar bombardment of Damascus University which left at least 15 dead. The New York Times seemed to take special pleasure in describing in great detail the disruptive effect the attack had on people attempting to live normal lives during the ongoing conflict in their article, “Syria’s War Invades a Campus That Acted as a Sanctuary.”

    Now, echos of NATO’s spectacularly failed July 2012 “Operation Damascus Volcano” – where the Western media coordinated a propaganda blitzkrieg designed to portray Syria as on the verge of collapsing with Aleppo and Damascus’ fall “imminent,” are appearing once again in the headlines. Just a day after CBS/AP’s announcement of the so-called “covert Master Plan,” the Western media is reporting “rebel gains” including the alleged cutting off of Daara in Syria’s south – meant to foreshadow the once again “inevitable fall” of Damascus. AFP cited the discredited “Syrian Observatory for Human Rights” in their article, “Syria rebels seize town on key highway to south: NGO,” that:

    “Rebels seized control of Dael after destroying the three army checkpoints at the entrances to the town,” the Syrian Observatory for Human Rights said. “The town is located on a main road linking Daraa to Damascus.”

    The Britain-based watchdog said that a child was among 10 civilians killed in the fighting for the town over the past 24 hours.

    At least 15 rebels and a media activist working with them were also killed, as were 12 loyalist troops, it added.

    “Large swathes of Daraa (province) are now under rebel control. Their advance in the south is escalating,” Observatory director Rami Abdel Rahman told AFP.

    In actuality, the so-called “Syrian Observatory for Human Rights” is a single opposition propagandists,  Rami Abdel Rahman, based in a comfortable countryside home in the UK, disingenuously masquerading as a human rights organization. When not feeding the biased-hungry Western media, Rami Abdel Rahman can be found scurrying in and out of the Foreign and Commonwealth Office in London to meet with Britain’s Foreign Secretary, William Hague.


    read more!

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April 1, 2013 Posted by | GeoPolitics | , , , , , , , , , , , , , | Comments Off on WARNING: “Final” Psy-Op Vs. Syria Begins!

Criminal Act: The European Union’s Financial Looting of Cyprus!

Bank robbery of the Cypriot people!

Bank robbery of the Cypriot people!

  • Criminal Act: The European Union’s Financial Looting of Cyprus! 
    by Julie Hyland, http://www.globalresearch.ca/ 
    The bailout imposed on Cyprus by the European Union (EU) is a politically criminal act of financial looting, aimed at destroying the country’s banks and reducing the working class to penury.

    In the name of avoiding state bankruptcy, the small Mediterranean island of some one million people is being subjected to the type of shock-therapy already inflicted on Greece.

    The terms of the €10 billion loan dictated by the EU, European Central Bank (ECB) and the International Monetary Fund include winding up Laiki bank—Cyprus’ second-largest bank—and transferring its debts to the ECB to the Bank of Cyprus, which also faces major restructuring. An additional €5.8 billion is to be raised by imposing severe penalties, of 40 percent and more, on bondholders and those with bank deposits over €100,000.

    Emergency capital controls are in place, including a ban on overseas transfers, a €300 limit on cash withdrawals, and a bar on anyone leaving the country with more than €1,000 in banknotes. The British security firm G4S is on guard at the island’s banks to “ensure calm” after they finally reopened yesterday after 12 days.

    The measures are in line with German Chancellor Angela Merkel’s insistence that Cyprus must recognise “its current business model is dead.” With the country’s financial sector eight times the size of its GDP, this means economic collapse.

    This is not mitigated one iota by the fact that the Cypriot government was forced to retreat on its plan to impose a 6.7 percent levy on bank deposits below €100,000. Those supposedly saved in this instance are to be bled dry by other means.

    Unemployment stands at 15 percent due to the EU austerity measures implemented by the previous Communist Party-led government, which—even before the current crisis—had led to the opening of charitable food banks in Paphos, Limassol and Nicosia.

    This will worsen dramatically. As the Wall Street Journal noted with satisfaction, “Nicosia will now face the usual conditions of a euro-zone rescue: labor-market reforms, fiscal discipline, privatizations, pension and health-care reform.”

    Unlike EU bailouts for Greece, Ireland, Spain and others, however, where the pretence was maintained that austerity and wage cuts would revive the economy, the press openly admits that the EU’s medicine in Cyprus will kill the patient.

    The loan is tied in with mass job losses and wages cuts, the gutting of health, education and social provision, the privatisation of major utilities, and the handing over of the island’s natural and energy resources to the global energy giants.

    GDP is forecast to fall by 25 percent in the next two to three years, and unemployment to double. With the entire euro zone sinking into a recession that will be exacerbated by the measures in Cyprus, the result will be social and economic devastation.

    The Financial Times blamed the Cypriot population, writing, “… the choice to hitch the economy to offshore banking was made with the complicity of leaders and the acquiescence of a population content to live beyond its means.”

    read more!

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April 1, 2013 Posted by | Economics | , , , , , , , , , , | Comments Off on Criminal Act: The European Union’s Financial Looting of Cyprus!

Pat Robertson On DHS Arms Build-Up: “Who Are They Going to Shoot, Us?”

  • Pat Robertson On DHS Arms Build-Up: “Who Are They Going to Shoot, Us?” 
    by Paul Joseph Watson, www.Infowars.com 
    Televangelist Pat Robertson has become the latest prominent conservative to question why the Department of Homeland Security is engaged in an apparent arms build-up, asking if the 1.6 billion bullets purchased by the federal agency will be used against the American people.

    Speaking on his CBN broadcast yesterday, Robertson characterized the DHS ammo purchase and its acquisition of armored vehicles as “like something out of science fiction: long trains of full or armored vehicles, personnel carriers with armor.”

    “What are they for, the Army going into battle against the enemy?” asked Robertson. “They’re used by Homeland Security against us!”

    Robertson then quoted Ronald Reagan, “The most fearful statement in the English language is ‘I’m from the government and I’m here to help’.”

    “Imagine what Homeland Security is doing, it’s just awful,” he continued. “We’re going to talk about how much ammunition they’re stockpiling. Who are they going to shoot? Us?”

    Robertson’s concern is similar to that expressed by retired United States Army Captain Terry M. Hestilow, who last week sent a letter to Sen. John Cornyn (R-TX) warning that the ammo purchases represent “a bold threat of war by that agency (DHS), and the Obama administration, against the citizens of the United States of America.”

    The website responsible for uploading the Pat Robertson video clip, Right Wing Watch, echoed other liberal news outlets by erroneously claiming that, “The conspiracy about secretive ammo stockpiling is completely unfounded.”

    Their source for that judgment is a February 14 Associated Press report which quotes a single DHS official who claims the bullets are being bought in bulk and are for training purposes only. Apparently, citing the glib statement of one government official is enough to “debunk” concerns about government activity which are now shared by over a dozen members of Congress.

    However, as we have exhaustively documented, the notion that the ammo is being purchased in bulk to “save money” is completely erroneous since most of the bullets are hollow point rounds, which are almost twice as expensive as regular full metal jackets and therefore unsuitable for training purposes.

    As former Marine Richard Mason told reporters with WHPTV News in Pennsylvania earlier this month, “We never trained with hollow points, we didn’t even see hollow points my entire four and a half years in the Marine Corps.”

    In addition, the article derides the issue as a “baseless” conspiracy theory yet fails to mention the fact that over a dozen members of Congress have demanded answers from DHS chief Janet Napolitano, only to be stonewalled.

    Earlier this week, a weapons manufacturer who supplies ammunition to the federal government told the nationally syndicated Savage Nation radio show that the ammo purchases were an attempt to “control the amount of market that’s available on the commercial market at any time,” by forcing manufacturers to hold back stock.

    read more!

Im_from_the_government_im_here_to_help-cartoon

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April 1, 2013 Posted by | Social Trends | , , , , , , , , , | Comments Off on Pat Robertson On DHS Arms Build-Up: “Who Are They Going to Shoot, Us?”

Jim Willie: Cyprus is the Flash Point that will Result in Massive Shift into Gold & Silver!

  • Jim Willie: Cyprus is the Flash Point that will Result in Massive Shift into Gold & Silver! 
    by http://silverdoctors.com/ 
    The Golden Jackass Jim Willie has finally given his long anticipated first public thoughts on Cyprus.

    Willie states that Cyprus is the long awaited FLASH POINT the metals community has been anticipating, and it will in time invoke a great awakening as to the reality of today’s Western financial system by the public, and will result in a massive shift into physical gold and silver.

    Willie states that Cyprus was Russia’s back door banking gateway into the Western financial system, and that the true numbers of Russian wealth hidden in the Cypriot banking system is not $20 billion as is being reported by the Western press, but $trillions!

    The Golden Jackass states that mind-numbing hundreds of $billions have been fleeing Cyprus for Dubai, Hong Kong, and Singapore over the past 9 months, and that the depositor outflows will devolve into contagion and full-scale bank-runs throughout Italy, Spain, Portugal, Ireland, & Greece. The tipping point is coming, and those who don’t remove their funds proactively will be slaughtered!

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April 1, 2013 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , | Comments Off on Jim Willie: Cyprus is the Flash Point that will Result in Massive Shift into Gold & Silver!

Spanish Bank Deposits Seized, Cyprus-Style!

Looks like the Spanish matador is getting screwed !

Looks like the Spanish matador is getting screwed !

  • Spanish Bank Deposits Seized, Cyprus-Style! 
    by http://larouchepac.com/ 
    Eurogroup President Joeron Dijsselbloem caused both a political furor and rumblings of major bank runs across Europe, with his remarks March 25 that the great bank heist in Cyprus was actually a “template” for other European countries. The influential Eurogroup Working Group quickly drafted an internal memo which denied Cyprus was such a “template,” the Wall Street Journal reports today. And Spanish Prime Minister Mariano Rajoy held a joint press conference yesterday with French President Francois Hollande, to proclaim that “the problem of the Cypriot banking sector is different [than that of the rest of Europe]; the decision adopted is extraordinary and unique, and will be applied in an extraordinary manner and only to Cyprus.”

    But even as Rajoy was speaking, his government was announcing a long-awaited final settlement of the cases of five bankrupt Spanish banks, led by the giant Bankia, which involved fleecing up to a million small depositors in those banks of anywhere from 30% to 70% of their holdings — something over 6 billion euros. Although the mechanism employed is slightly different than that in Cyprus, the policy is identical: the international financial system is in full meltdown; the game is over; and small depositors and the population in general are being forced to take the hit in order to bail out the big international speculators.

    The only alternative to such genocidal robbery, Lyndon LaRouche has repeatedly explained, is the international implementation of full banking separation under Glass-Steagall legislation.

    In the case of Spain’s Bankia, the thievery involves the fact that, over recent years, the bank fraudulently tricked over 400,000 small depositors to use their savings to purchase the bank’s “preferred shares” — or “preferentes,” as they are known in Spain — with promises of very high rates of return. Marketed as fixed-term deposits, the reality of the “preferentes” is that they either could never be cashed in, or carried terms as long as 1,000 years!

    With Bankia bankrupt, the FROB (Spain’s bank reorganization agency) has imposed “haircuts” of 39-50% on all “preferentes” holders, followed by their forced conversion into common stock in Bankia. As part of the settlement, those common stocks, which last week were trading at 2 euros per share, will be drastically slashed down to 1 euro cent per share—a 99% loss. The head of Spain’s ADICAE (Association of Consumers and Users of Banks, Savings Banks and Insurance Companies), Manuel Pardos, has denounced this arrangement as “double thievery and fraud,” and has filed suit against most of Spain’s major financial institutions for the “crime of massive consumer fraud.”

    In addition to Bankia, four other bankrupt financial institutions are involved in the heist: Catalunya Bank is slashing “preferentes” by 61%, Banco Gallego by 50%, Novagalicia Banco by 43%, and Banco de Valencia by 90%. In all five cases, the Wall Street Journal admits, “most” of the “preferentes” holders are small depositors.

    Three additional features of the robbery should be noted.

    1) The drastic “haircut” of defrauded small depositors was imposed on the Spanish government as part of a July 2012 Memorandum of Understanding with the detested Troika — the same criminals who just authored the great bank heist in Cyprus.

    2) While Prime Minister Rajoy was busy impersonating Pinnochio, his Deputy Economics Minister, Fernando Jimenez Latorre, was assuring Spain’s Senate that the deal “was as generous as possible, because it converts holders of those products [the ‘preferentes’] into stock holders, and that lightens their load to help clean up the institution. It is satisfactory, if you compare it to other cases which happened within the EU.”

    3) The “preferentes” scam in Spain is almost identical to the late 1930s looting of consumers carried out by First National City Bank (today Citibank), whose exposure by chief counsel Ferdinand Pecora in the famous 1933 congressional hearings led to the passage of Franklin Roosevelt’s Glass-Steagall law that year.

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April 1, 2013 Posted by | Economics | , , , , , , , , , | 1 Comment

Gerald Celente: Cyprus, The Canary in The Mine!

April 1, 2013 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , | Comments Off on Gerald Celente: Cyprus, The Canary in The Mine!

Tony Blair and Bohemian Grove!

Bohemian Grove. Devil Worshippers! Sacrificing to Molech Owl! The ruling elites!

Bohemian Grove. Devil Worshippers! Sacrificing to Molech Owl! The ruling elites!

http://www.globalresearch.ca/why-tony-blair-is-a-war-criminal-who-should-be-on-trial-in-the-hague/5303545

Click on image for article!

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April 1, 2013 Posted by | GeoPolitics, Social Trends | , , , , , | Comments Off on Tony Blair and Bohemian Grove!

Only Rabbit from Hat can Save Cypriot Deposits!

April 1, 2013 Posted by | Economics | , , , , , , , , , | Comments Off on Only Rabbit from Hat can Save Cypriot Deposits!