Man On Fire

Telling the truth has become a revolutionary act, so let us salute those who disclose the necessary facts.

31 Mar 2013

Birth by Murder - Horror in Israel: 30,000 Mossad spies exposed

Gordon Duff: Last week, the hacker organization “Anonymous,” symbolized by the famous “Guy Fawkes” mask, hacked Israel’s Mossad.
The hack, initially exposing a hidden network of 30,000 covert operatives, some openly labeled “hitman,” came only days after Israel admitted to their 2010 act of piracy and terrorism against the Freedom Flotilla.

Now the Israeli regime has filled the internet with threats against “Anonymous,” if detailed information on their terror cells is leaked.

After all, who is better to carry out acts of terrorism than an organization with 30,000 covert operatives around the world, almost all trained in use of explosives and demolition, building IEDs, car bombs, kidnapping and assassination and with a long and very public history of, not just murdering people but getting away with it as well.

Every day we see it in the news, dozens killed in Pakistan, dozens more in Iraq, Kenya, Nigeria, the covert army of 30,000, planning terror, building a dozen car bombs a day and then being able to, not just write the lies blaming others but, in most cases, direct public officials, controlled through blackmail, threats or bribery, to “respond as directed.”

Did I forget Syria?
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Cyprus Parliament President Says "No Future" Under Troika, Calls For "Iceland" Solution + The Seven Broken Taboos Of The Cyprus Deal + CY-Anonymous

Tyler Durden's pictureSubmitted by Tyler Durden: Just last week Yiannakis Omirou, Cypriot House of Representatives President, was calling for the nation to accept it is "time for responsibility" as they progressed towards a final solution; and yet today, as Cyprus' Famagusta reports, he believes the 'Troika-imposed' responsibility will, "turn Cyprus into a colony of the worst possible type." His 'Icelandic' solution is to "leave the Troika and EMS behind," to ensure "national independence, national sovereignty, moral integrity, and economic independence." He may have a point; judging from the chart below of the Troika's poster-child Greece, relative to Iceland, things are not going so well. As Omirou ominously concludes, "if we remain bound by the Troika and the memorandum Cyprus’ destiny is already foretold and there will be no future."

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Where's the Hyperinflation - SilverFuturist


AltInvestorshangout: 
(1) How Cash is King in the short run
(2) Where's the Hyper Inflation. Joe says the Austrian school is too early on the call.....even though they may be right in the long run (or how we will face nasty inflation)

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Israel and 9-11 and 7/7 and .... - Morris

Morris: Security companies throughout the world seem to be Israeli run. They controlled the Airports on 911. They ran the companies with cameras on 77 (in London) on both the London underground and the Busses, separate Israeli run companies had no video available of the alleged bombers. And at Fukushima an Israeli security company installed the cameras. Who is managing a people to believe they are superior? I try and answer that. Source
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How & Why YOU Will Get "Cyprus'd" As This Bank Scrambled For Capital!!! - Global Banking Crisis


Reggie Middleton: It is my opinion that banks worldwide are simply not safe anymore, and we are on the precipice of a banking crisis that will make the Lehman fiasco look like a test run. For one, interest rates will definitely have to rise. Yes, I know Bernanke is running ZIRP, the ECB is QE to infinity and beyond, yada, yada... But these entities are not the end all and be all for market rates. They can manipulate rates, but they can't ultimately control them for the long term. After 6 years, it's been long term...  With banks failing and taking depositor's and bondholder's funds with them, there's simply not enough people stupid enough to accept .7% returns in exchange for the very likely possibility of losing a large chunk of (the majority of, or possibly all of) their principal to go around!!! This central bank Ponzi scheme of printing more money to pay for the debt that you couldn't afford to pay back because you didn't have the money relies on the "Greater Fool Theory". Common sense dictates that this theory is predicated on an ample supply of "Greater Fools". What you will read below should shake the foundations of your belief in the EU banking system, and hopefully will start a dearth in "Greater Fools"! Even more alarming, it actually gets worse from here. Oh yeah, if you have believe that the information below actually identifies a gross misrepresentation of fact, omission or outright fraud, simply contact the SEC and let them know that Reggie Middleton suggested they look into it. You can actually use this form to convery my message.

First Off Let's Make Bank Collapse Real...

To begin with, let's make this Cyprus thing real, by showing a live example of what happens when to a real small business that had the gall to bank with Laikie Bank, from the Bitcoin forum I excerpt a post that puts things into perspective, re: bank account confiscation:
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Depression (The Passion) - Van der Laan en Woe / Kwis

geenfamilie: The Quiz at Paul de Leeuw Depression; Jeroen Wed and Niels van der Laan with their version of The Passion of Jeroen Dijsselbloem. (google translate) - Uit de Kwis bij Paul de Leeuw Depression; Jeroen Woe en Niels van der Laan met hun versie van The Passion over Jeroen Dijsselbloem. Source
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TEPCO and The Easter Banksters - WilliamBanzai7

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Slight problem with the Cypriot Banking System - Clarke and Dawe

ClarkeAndDawe: "Luka Busy. Advisor to the European Central Bank"
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FDIC & Bank of England Create Resolution Authority for Unlimited Cyprus-Style “Bail-Ins” for TBTF Banks!


bank failure
The Doc: On Wednesday, news broke 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.
Angelos Agathangelou at 9:36 am No comments:
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Cyro: the creepy autonomous robot jellyfish that could eventually patrol the oceans of the world

By Madison Ruppert: Continuing the US military’s focus on developing robots that mimic animals, the US Naval Undersea Warfare Center and Office of Naval Research has funded a project that has already produced a prototype of a giant robotic jellyfish.
Other research includes insect-like drones capable of carrying out lethal missions, a silent drone inspired by owls, bird-like drones already used in the field, an amazingly fast robot modeled after a cheetah, a strange animal-like walking drone and more lifelike humanoid robots that can approach animal and human efficiency.
The prototype robotic jellyfish, dubbed “Cyro,” is 5 foot 7 inches, weighs in at 170 pounds and was created under a project funded by a $5 million grant.
The grant was funded by the same agency behind the insanely fast, GPS-guided projectile program, so while it may sound great that it could “be used to keep tabs on ecologically-sensitive underwater areas or to help clean up oil spills,” the reality is that the military applications will obviously be given priority.
The military doesn’t spend millions to develop robots just to help keep the environment clean, though the Virginia Tech promotional video (embedded below) does list “military surveillance” as the first possible application.
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Ecuador in talks with UK's Labour over Assange Sweden extradition

Wikileaks founder Julian Assange (Reuters/Finbarr O'Reilly)
RT: Ecuadorian diplomats have discussed Julian Assange with the shadow foreign secretary, seeking assurance he will not be extradited to the US if he travels to Sweden to face charges against him to end the embassy impasse, British media revealed.
The Ecuadorian government has held talks with the British Labour party to try to strike a deal to send Assange to Sweden to end the political impasse, which has seen the Australian whistleblower holed up in the Ecuadorian embassy since claiming asylum in June last year.

The Ecuadorians are setting their sights on a change of government after the 2015 UK election, having “lost all faith” in coming to an agreement with the current coalition.

Assange faces rape allegations in Sweden, but has refused to be extradited there for questioning unless he receives assurances that he will not then be re-extradited to the US, where he reportedly faces trial for espionage over his work with WikiLeaks.

Angelos Agathangelou at 7:47 am No comments:
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The Scam Of Diamond Engagement Rings

Patriactionary: Why do we give diamond engagement rings?  Because it’s an ancient custom, right?
Wrong.
Well, it’s because diamonds have intrinsic value, as a precious substance?
Actually, they’re an allotrope of carbon, which is one of the most common elements in nature.  And as for their value, it is artificially inflated, due to manipulations by the cartel that controls most of the world’s diamond trade.
A few years ago, there was an excellent comment on a Roissy post about diamond engagement rings (gotta love the hilarious subversiveness of that ‘Diamond Inside’ ring) by commenter Vladimir, that discussed all these things, with some excellent embedded links worth reading; it’s worth reproducing in its entirety:
aliasclio:
“Waste of a good diamond, roissy. Part of the point of engagement rings is that they’re beautiful, even if useless.”
I strongly disagree. Diamonds are a vulgar and grossly overvalued product, lacking all the unique properties and charms of truly precious substances like gold. I can’t help but admire the idea of this ring with an inward-turned diamond. It’s a creative way to subvert a ridiculous custom.
For start, the diamond engagement ring is not an ancient custom at all. It’s the result of a successful marketing ploy by the global diamond near-monopoly De Beers from two generations ago
Angelos Agathangelou at 5:29 am
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30 Mar 2013

We've Been Lied To, Robbed, And Mislead - David Stockman

Chris Martenson: David Stockman, former director of the OMB under President Reagan, former US Representative, and veteran financier is an insider's insider. Few people understand the ways in which both Washington DC and Wall Street work and intersect better than he does.
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Political Fallout Begins: Former Cyprus President Named In Loan Write-Offs Leading To Banking Insolvency + 25 Lessons From The Cyprus 'Deal'

Tyler Durden's pictureSubmitted by Tyler Durden: A few days ago, when news hit that Cyprus has begun investigating who the people were who had managed to pull cash out of nation's insolvent banks, both during the capital control "blackout" period and previously, we asked "how much longer will the rule of law remain in Cyprus once full blown class warfare is unleashed, and the 99% are generously handed the list of the 1% who were "informed" enough to pull their money from the flaming sovereign equivalent of Bernie Madoff, while every other uninsured depositor is facing losses of up to 80%, and soon 100%?" We may get the answer much sooner than expected, as the first iteration of this list: one naming the beneficiaries of millions of loans written off by the now insolvent Cyprus banks and therefore indirectly responsible for the "impairment" of the banks' depositors, was released yesterday by Greece's daily Ethnos newspaper. But what virtually assures substantial political fallout is that among the people listed is Cyprus' former president, George Vassiliou.
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THE BRITISH PAEDOFILE:

"This is what happens when bonuses are more important than child buggery." 
The Slog: Yesterday’s revelation that the man in police custody is Rolf Harris represented yet more distraction away from the mainstream of British paedophilia. But The Slog will continue to report the reality.
This from a victim of sexual abuse by John Wills, would-be scoutmaster in Stowmarket – about whom I posted recently:
“I was raped and abused sexually by John wills whilst in care as a child. A cursory google of John Wills paedophile will throw up how Wills is also linked to oakwood school stowmarket and abuse there, he’s the lynch pin of a huge paedophile ring. The police tried to deny yesterday that it was him, but I’ve seen pictures of him there. They gave him amnesty from further prosecution and further access to boys in return for him giving the police evidence on other paedophiles.
“Jonathan Eckersley was my social worker and arranged for me to go to John Wills’ house for fostering where I was raped and abused for months almost daily, by him and others. I wasn’t allowed to give evidence against him. Jonathan Eckersley, it has since been found, sat on the vetting committee when John Wills became a foster carer.
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British Ponzi Lottery Racket - Max Keiser with Rowan Bosworth-Davies

Max Keiser and Stacy Herbert discuss the previously successful UK economy which has become addicted to gambling and spending fortunes on spread betting and so has turned to operating ponzi schemes in order to keep the appearance of economic activity. In the second half of the show, Max Keiser talks to former Scotland Yard fraud squad detective, Rowan Bosworth-Davies of Rowans-Blog.blogspot.co.uk about the evidence he gave to the Parliamentary Committee on Banking Standards that went missing and how it is that the British banking system is remarkably similar to an organized crime racket. Source
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Cyprus, The Canary in The Mine - Gerald Celente

AJ: Gerald Celente to discuss the looting of Cypriot bank accounts, and what the future holds for Italy, which may be the next nation to be similarly plundered by the EU and IMF.
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The Thieving of Our Societies is Racist - Morris

Morris: If we had any idea of the scale of the crimes and thieving being committed on our societies we would not get baited into discussing economics and politics. Source
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3 Types of Contagion and What They Mean for the Global Economy

By ffwiley: In one of a few early hints that Europe might surprise the world with its Cyprus bailout, on February 10th the Financial Times leaked the content of a secret EU memo. It reported that bank depositor haircuts were among three options being considered to reduce bailout costs. And the memo also warned ominously that “such drastic action could restart contagion in eurozone financial markets.”
Clearly, policymakers decided to take their chances. And now we’re living through the contagion that the memo’s authors predicted. But what exactly does that mean? Sure, we can see volatility in asset prices, but how long will it last? Some pundits say it’ll blow over like a late afternoon shower on an otherwise sunny day. I disagree.
I’ll suggest there’s more to it than rising market volatility and that we should take a closer look at the meaning of contagion. I’ll argue there are three different types at work today: vanilla contagion, latent contagion and stealth contagion. And when you add up the three effects, Cyprus will have a bigger global impact than many expect.
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Bitcoin Versus the Euro!

Stefan Molyneux: Stefan Molyneux, Host of Freedomain Radio, talks with Doug Owen of Blacklisted Radio about the failures of the euro, the end of fiat currency, and the dead-end of no more war. Source
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USDollar: Ring-Fenced & Checkmate

By Jim Willie CB: An unstoppable sequence of events has been put into motion finally. The pressure has been building for months. Some themes are plainly evident, except to those who wear rose colored glasses in the US Dome of Perception. The USTreasury Bond will be brought home to the US and British banks, where it will choke its bankers, then be devalued for survival reasons, after a painful isolation. The Chinese and Russians will conspire to finance the Eurasian Trade Zone corridor foundation with USTBonds, held in reserve, put to usage. The British will play a very unusual role, selling out the United States in order to be squires to the Eastern Duo. The process has begun; it cannot be stopped. The events are already being grossly misinterpreted and minimized in the US press, where devoted lapdogs, artistic swindlers, and creative writers prevail. The Paradigm Shift eastward is showing its next face, with a truly massive trade zone for cooperation and reduced cost overhead as the giant foundation. The Untied States for all of its past hegemony and devious manipulations and vicious attacks, will be excluded. The British will assist in the exclusion in order to avoid the Third World themselves. The following blueprint is the result of years of planning, with steady information and hints and confirmations by at least two Hat Trick Letter sources. The sunset of the USDollar has a blueprint. As a personal embroidery, let me state that this article is the most important the Jackass has ever written. Let it be taken seriously for its grave somber message.
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MonSatan: Mike Adams Breaks Down The Monsanto Worshipping Act

AJ: The internet has erupted into a fury over Obama's signing of the so-called "Monsanto Protection Act," a rider to a federal appropriations bill that hands Monsanto the power to nullify the decisions of federal courts. If the courts decide that a genetically engineered crop is dangerous to the public or the environment, it can no longer order Monsanto (or any other company) to stop planting the crops. Instead, the law mandates the Secretary of Agriculture to issue permits and deregulation orders that allow the "continued cultivation, commercialization and other specifically enumerated activities" even if a crop is deemed to be causing a plague or unleashing dangerous genetic pollution.
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PEAK JOBS + The Knowledge Economy's Two Classes of Workers

Charles Hugh Smith: The knowledge economy has important implications for both workers and organizations.
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Big Government: An Unnecessary Evil That Should Be Abolished

Brandon Smith: There are two types of people in this world; those who worship the ideal of centralized command authority, and those who do not.  Those who value freedom regardless of risk or pain, and those who value slavery in a desperate bid to avoid risk and pain.  When I consider the ultimate folly of man, in the end I look to the meek and unquestioning masses who strive to avoid risk, because it is they who always end up feeding the machines of war, despair, and tyranny.  The power thirsty halls of elitism surely instigate and manipulate the tides of this wretched ocean of quivering souls, but ultimately, the weak-hearted and weak minded make all terrible conquests possible.
  
They live by the rule of fear, and their fear drives them to seek control; control of their environment, control of others, and by extension they believe, control of the future.  They attempt to mitigate their overwhelming fear by containing the world and sterilizing it of everything wild, untamed, and unknown.  They dream of a society of pure predictability, and zero responsibility.  They are willing to sacrifice almost anything to attain this position of artificial comfort.

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29 Mar 2013

SATANS ROYAL BABY - Conspiracy Clown

Deek Jackson
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Shocker! Multinational Corporations Don’t Pay Taxes

By Michael Krieger: One of the strangest things about the corporate tax debate is that it is nearly impossible to figure out the amount companies are actually paying. Nowhere is there a straightforward number showing how much in federal taxes a firm pays to the U.S. Treasury every year.
- From a recent Washington Post article published March 26
Back in March 2011, I first discussed the extreme extent to which the largest corporations in America go in order to avoid paying taxes, when I highlighted how GE has a unit of 975 people devoted entirely to achieving this end.  It was clear back then that the biggest multinational companies in the nation take advantage schemes and loopholes that would never be available to the average citizen.  Tactics such as the “Double Irish” and the “Dutch Sandwich,” which these corporations expend considerable resources implementing.  Well, now we have an update on the story courtesy of the Washington Post.  We learn that:
Companies have also found ways to shift their income across national boundaries, roving from country to country in search of the lowest tax burden.
Ed Kleinbard, a tax professor at the University of Southern California Gould School of Law, has dubbed these movable earnings “stateless income.”
The trend has revolutionized company tax planning, especially in businesses that rely on intellectual property. The Senate Permanent Subcommittee on Investigations found that from 2009 to 2011, Microsoft, a member of the Dow 30, was able to shift offshore almost half its net revenue from U.S. retail sales, or roughly $21 billion, by transferring intellectual-property rights to a Puerto Rican subsidiary. As a result, the subcommittee found that Microsoft saved up to $4.5 billion in taxes on products sold in this country.
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EC-Banksters: 'I went to sleep Friday as a rich man. I woke up a poor man' + Oooops...

Retirement dreams dashed: John Demetriou.NICK MILLER: ''Very bad, very, very bad,'' says 65-year-old John Demetriou, rubbing tears from his lined face with thick fingers. ''I lost all my money.''
John now lives in the picturesque fishing village of Liopetri on Cyprus' south coast. But for 35 years he lived at Bondi Junction and worked days, nights and weekends in Sydney markets selling jewellery and imitation jewellery.
He had left Cyprus in the early 1970s at the height of its war with Turkey, taking his wife and young children to safety in Australia. He built a life from nothing and, gradually, a substantial nest egg. He retired to Cyprus in 2007 with about $1 million, his life savings.
He planned to spend it on his grandchildren - some of whom live in Cyprus - putting them through university and setting them up. There would be medical bills; he has a heart condition. The interest was paying for a comfortable retirement, and trips back to Australia. He also toyed with the idea of buying a boat.
He wanted to leave any big purchases a few years, to be sure this was where he would spend his retirement. There was no hurry. But now it is all gone.
''If I made the decision to stay, I was going to build a house,'' John says. ''Unfortunately I didn't make the decision yet.
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Why Mr. Dijsselbloem is right and Cyprus is a template for the Euro zone + ECB Backs Dijsselbloem's Liquidation Policy "Template"

Martin Sibileau: ..Far from being a unique situation, the fragile exposure of unsecured depositors across the Euro zone is the norm…

At the end of my last letter, I anticipated I would devote the next one to explain why, in my view, the European Central Bank is hypocritical on the Cyprus situation and why the rest of the periphery has to expect the same fate than Cyprus. Fortunately for me, Mr. Joeren Dijsselbloem who is both Dutch Finance Minister as well as the leader of the Eurogroup of Finance Ministers, confirmed my second point in a press conference 24 hours later, making my work easier…

A quick view of a bank’s capital structure


There are multiple issues on the Cyprus event. Perhaps the most relevant is the fact that unsecured depositors were sacrificed because their banks did not have enough subordinated debt to bail in. For this reason, the official story goes, Cyprus is a special case.
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Arab League gives Syria's seat to opposition, apartheid israhell and Cypriots Robbed

Press TV: On Tuesday, Syria's foreign-backed opposition bloc, known as the National Coalition, took Syria's seat during the Arab League annual summit held in the Qatari capital, Doha. The League also authorized its members to send all the means of what it called self-defense, including weapons, to the militants fighting against the government of Syrian President Bashar al-Assad.
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Good Dog: Athens dog that barked at Troika Banksters back at Syntagma - Given 'Key to the City' by Athenians

ekathimerini: After 15 days under observation at the City of Athens's shelter for stray dogs in Megara, western Attica, Ruby is back at his usual haunt on Syntagma Square with a clean report from dog behavior experts who say that he displayed no signs of aggression.
Ruby made the press earlier this month when photographs were published of him – along with two other strays named Sakis and Stratos – barking at members of the team of inspectors from Greece's creditors on May 3 as they entered the Finance Ministry on Syntagma. The reports were followed by a complaint from a citizen who said he had been attacked by the black-and-brown dog, prompting municipal authorities to take him to the Megara shelter for two weeks of observation.
Embedded image permalinkRuby's disappearance from Syntagma created a furor of rumors and publications online suggesting that the dog – who is under the protection of the municipality's department for strays – had been removed from the square because of his behaviour toward the international banksters, an accusation that the City of Athens categorically denies!!!
“Our four-legged fellow citizen is back on Ermou Street,” the City of Athens tweeted in response to suggestions that his removal was due to political pressure. “The reports circulating are completely inaccurate.”
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‘Euro is a house of cards waiting to topple’- Nigel Farage

RT: According to Nigel Farage, leader of the UK Independence Party, northern EU leaders realize they risk vast losses if they allow Cyprus, Greece or any other southern member to fail. To prevent this, they have resorted to extreme measures - even theft.
UK Independence Party leader Nigel Farage (Reuters / Paul Hackett)RT: Every bailout comes with strings attached. But can Cyprus afford the price the EU has set?

Nigel Farage: What is really happening here is we are having a reconcilable split between the North and the South of Europe. In the North of Europe – Germany, the Netherlands, and Finland – there are very strong political voices saying “We do not want to go on bailing out southern European countries.” And bear in mind that Cyprus is now the fifth country out of 17 that has needed to be bailed out. And that is why the Germans extracted the terms that they did. But I must say that even in my direst predictions in this parliament over the years about the way the EU bosses were behaving, never did I think that they would in a completely unprecedented manner resort to stealing money from people’s bank accounts.

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Elderly Cypriot On Banksters / Fascist EU Destroying Cyprus + Caught In The Cyprus Crossfire: Small Businesses Suddenly With Zero Cash

liarpoliticians: As the banks in Cyprus open to let people withdraw small amounts of money after the takeover by Brussels Communists, in a live vox-pop with an elderly man, he lets rip on the scandal of the Cypriot banking system, the Brussels Commies, and Angela Merkel - female Hitler......
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An American Recovery - Police Restrain Hundreds of People Begging For Food

TheDailySheeple: When the bank foreclosed on the Laney Supermarket grocery store, managers were left with thousands of pounds of food and nowhere to put it. So, they moved non-perishable items to the parking lot for those who might need it. As news of the give-away spread throughout the neighborhood, a crowd numbering in the hundreds quickly swooped in.
But the goods never made it into the hands of people who desperately needed, as local police barricaded the stockpile of food. They called in a disposal company and tossed every bit of it into the trash, angering many of those who had hoped they could take some of the food home. Source
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Public Banking Needed to Stop "Cannibalization" of the Economy

TheRealNews: Michael Hudson: As long as finance is left in private hands, you're going to have austerity and America ending up looking like Greece and Ireland. Source
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Canada Includes Depositor Haircut (aka Theft) Bail-In Provision For Systemically Important Banks in 2013 Budget!

The Doc: Just as DieselBOOM accidentally admitted Monday, it appears that the Cypriot bail-in is anything but a one-off event, and is in fact the new collapse template for the entire Western banking system, and not just the ECB/ Eurozone!
SD has been alerted to an alarming provision that has been buried deep inside the official 2013 Canadian Budget that will result in depositor haircut bail-ins jumping to this side of the pond during the next bank crisis!
Titled ECONOMIC ACTION PLAN 2013 and tabled in the House of Commons by Minster of Finance James Flaherty on March 21st, the official 2013 Canadian budget contains an explicit provision that Canada will pursue the bail-in model for systemically important banks for future bank failures!
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How to Hide Your Money Where the Banksters Won’t Find It

Unless you have been on vacation the past few days or out of touch with the never ending news media we live in you have seen or heard about the event in Cyprus. For those who haven’t heard, the short story is that the IMF has pushed for a “wealth tax” in Cyprus which would involve taking money directly out of the bank accounts of the people. That’s right, stealing in broad daylight with no apologies whatsoever. The IMF is saying that the people of Cyprus need to pay back the bankers who stole and lost their money. This is done with the threat of being kicked out of the Euro zone if they refuse. Make no mistake, this is a trial run and they will be coming for money in your accounts very soon.
So, what can you do about it? Can you put your money in stocks? What about investments like property or fancy cars? My opinion is that nothing is safe. If your money is out of your reach and stored in any type of financial institution it can be stolen. Before I go any further let me state what should be obvious to most of you.

Warning #1: Whatever you do with your money, you do at your own risk.

Now, that being said, where would you put your money if you can’t stick it in the bank?
Angelos Agathangelou at 5:36 am No comments:
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It Can Happen Here: The Confiscation Scheme Planned for US and UK Depositors

By Ellen Brown: Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets. A joint paper by the US Federal Deposit Insurance Corporation and the Bank of England dated December 10, 2012, shows that these plans have been long in the making; that they originated with the G20 Financial Stability Board in Basel, Switzerland (discussed earlier here); and that the result will be to deliver clear title to the banks of depositor funds.
New Zealand has a similar directive, discussed in my last article here, indicating that this isn’t just an emergency measure for troubled Eurozone countries. New Zealand’s Voxy reported on March 19th:

The National Government [is] pushing a Cyprus-style solution to bank failure in New Zealand which will see small depositors lose some of their savings to fund big bank bailouts . . . .
Open Bank Resolution (OBR) is Finance Minister Bill English’s favoured option dealing with a major bank failure. If a bank fails under OBR, all depositors will have their savings reduced overnight to fund the bank’s bail out.

Can They Do That?
Although few depositors realize it, legally the bank owns the depositor’s funds as soon as they are put in the bank. Our money becomes the bank’s, and we become unsecured creditors holding IOUs or promises to pay.
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The Cyprus Deal and the Unraveling of Fractional-Reserve Banking

By Joseph Salerno: The “Cyprus deal” as it has been widely referred to in the media may mark the next to last act in the the slow motion collapse of fractional-reserve banking that began with the implosion of the savings-and-loan industry in the U.S. in the late 1980s. This trend continued with the currency crises in Russia, Mexico, East Asia and Argentina in the 1990s in which fractional-reserve banking played a decisive role. The unraveling of fractional-reserve banking became visible even to the average depositor during the financial meltdown of 2008 that ignited bank runs on some of the largest and most venerable financial institutions in the world. The final collapse was only averted by the multi-trillion dollar bailout of U.S. and foreign banks by the Federal Reserve.
Even more than the unprecedented financial crisis of 2008, however, recent events in Cyprus may have struck the mortal blow to fractional-reserve banking. For fractional reserve banking can only exist for as long as the depositors have complete confidence that regardless of the financial woes that befall the bank entrusted with their “deposits,” they will always be able to withdraw them on demand at par in currency, the ultimate cash of any banking system. Ever since World War Two governmental deposit insurance, backed up by the money-creating powers of the central bank, was seen as the unshakable guarantee that warranted such confidence. In effect, fractional-reserve banking was perceived as 100-percent banking by depositors, who acted as if their money was always “in the bank” thanks to the ability of central banks to conjure up money out of thin air (or in cyberspace).
Angelos Agathangelou at 2:30 am No comments:
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28 Mar 2013

Cyprus Will Need a Second Bailout - Buchheit

Bloomberg Law: The sovereign debt crisis in Cyprus marks the fifth European nation to need a bailout in recent memory, but this crisis is unique because European Union regulators are taking the unprecedented step of taxing (robbing) bank deposits to finance part of the bailout for the nation's banksters. Lee Buchheit, sovereign debt guru and architect of Greece's bailouts, tells Bloomberg Law's Lee Pacchia that despite the drastic measures taken, the endgame for Cyprus might be another round of restructuring. "I'm not sure this is over," says the Cleary Gottlieb veteran.
Angelos Agathangelou at 10:20 pm No comments:
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Plunderball - New Euro Banking Game - Max Keiser with Mitch Feierstein

Max Keiser and Stacy Herbert discuss the PLUNDERBALL games in Europe and how the United Kingdom turned from Aspiration Nation to Asphyxiation Nation. They also talk about the 'mega-caust' of the financial markets in which those who worried about their gold being confiscated have now lost their bank deposits instead! In the second half of the show, Max Keiser talks to Mitch Feierstein about the implications to all bank depositors of the confiscation of some funds in Cyprus. Source
Angelos Agathangelou at 9:22 pm No comments:
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The Definitive Cyprus Bankster Robbery Infographic

Tyler Durden's pictureSubmitted by Tyler Durden: Everything you wanted to know about the 'unique, exceptional, non-template, toolbox-of-blueprint-instruments' Mugging of Cyprus but were afraid to read more than 100 words.
Angelos Agathangelou at 8:07 pm No comments:
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The cult of Pythagoras and money + Language numbers and money


silverfuturist
Angelos Agathangelou at 6:01 pm No comments:
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'Hegemonic corporations scared as BRICS plan bank to rival IMF'

RT: A new global bank is being born in South Africa - where the world's top emerging economies are meeting. The new financial powerhouse would be a direct challenger to the World Bank and the IMF - both dominated by the US. Brazil, Russia, India, China and South Africa also green-lighted a new, mammoth crisis fund - and hinted they would ditch the dollar. Source
Angelos Agathangelou at 4:31 pm No comments:
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Is The Collapse Of Cyprus Due To This Man? + Marc Faber: "I Am Sure Governments Will One Day Take Away 20-30% Of My Wealth" + Meanwhile, At Cyprus Airport...

Tyler Durden's pictureSubmitted by Tyler Durden: Pinning the blame for the collapse of the Cypriot banking system (and the country itself) on the shoulders of one man may seem harsh but Laiki Bank's chief risk officer Dimitris Spanodimos represents the tip of the spear of mass delusion that encompasses most (if not all) of Europe. Cypriot banks had been swamped with deposits courtesy of their cozy relationship with Russia and this left them with, in Spanodimos' words, "comfortable liquidity and capital position to deepen selectively some highly profitable and highly promising client relationships." 
In short, they had so much excess that they had to invest it somewhere and given the regulators light tough (which gave the banks a clean bill of health through 2011), they bought Greek government debt and extending huge amounts of mortgage loans (in Greece and Cyprus). So, as the WSJ reports, while everyone else was purging, Spanadimos had swallowed the red pill and decided his banks' gorging on extremely risky investments was tolerable - until of course the EU pulled the plug with the haircuts from the Greek bailout. These losses, and the need for new capital, is why Cyprus needed a bailout - so who is to blame...
Angelos Agathangelou at 2:55 pm No comments:
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CYPRUS & THE MOBSTERS: why the descent into global panic is now almost unavoidable

torpedoThe Slog plots the course of a deadly global chain reaction


How the rape of Cyprus will torpedo the banking system
I’ve been moving money around over the last few days. I still am, and I don’t know many people in my immediate circle who aren’t. We all seem to have the same aim: to be in the safest place with the safest currency. And the catalyst for all of us busily doing this is specifically, the Cyprus bank heist involving depositor confiscation; and leading on from that, the growing evidence that the political and financial Establishments globally have every intention of applying such glorified State theft in the future.
What I want to do in this piece is posit a hypothesis about just how nasty this could all get – and how quickly. But first let me offer you some evidence thus far that all trust in Sovereigns keeping their fingers out of our tills has disappeared for the majority of those who are awake. As I’ve said before, nothing gets Fritz, Pierre, Tommy or Vladimir off the sofa quicker than a Sovereign with a bad kleptomania habit.
Simply because French President Francois Hollande pushed through a raft of tax rises and stepped up his campaign against the rich – no obvious grand larceny involved – France suffered a surge of capital flight in the second half of 2012. The net loss in just two months was over €50 billion. Six months before that – when the Spanish situation looked dire – €100 billion flew away in ten weeks.
Angelos Agathangelou at 1:25 pm No comments:
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Keiser the Klairvoyant to Light Up Big Screen in Bailout 2

By John Titus: A significant part of pre-production for Bailout 2 has been researching potential talking heads to explain schemes and frauds that parasite bankers use to steal money from the rest of us (i.e., the productive economy) with a special focus on Europe, where Max Keiser will be cut loose on camera amid the financial ruination. (We know: it's an ambitious project.)
That effort has been aided in large part by John Lewell, a Keiser Report viewer who in August 2012 went through 300+ episodes (then) of the Keiser Report and compiled brief summaries of each, including the names of the guests. Thank you, John. Your fine work has spared us the time of wading through each episode serially on youtube.
Having been through roughly 20 episodes thus far, I’m struck by the many staggering revelations on the show that I'd somehow forgotten, only to be reminded of them later. For that the Keiser Report may be deemed a victim of its own prescience.
A case in point is the recent Senate Judiciary Committee hearing with U.S. Attorney General Eric Holder. Holder’s jaw-dropping admission that certain banks are too big to prosecute, quite aside from its grave legal and constitutional ramifications (which will draw a separate post soon), was actually foreshadowed on the Keiser Report, though I had no way of knowing it at the time.
In Episode 313, Max interviewed Ian Fraser, who set forth a brief history of criminal financial prosecutions in the UK.
Angelos Agathangelou at 12:20 pm No comments:
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Fascism Today: George Soros & his open 'to bankster rape' society

Press TV: Imperialist shill George Soros is a Hungarian-American Jewish Bankster. He is the chairman of Soros Fund Management. Between 1979 and 2011, Soros 'gave away' over $8 billion to "human rights", public health, and education causes.
Angelos Agathangelou at 10:33 am No comments:
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THE PAEDOFILE: A conflict of interest waiting to become a scandal

How to protect every paedophile in Britain

International children’s services provider, Core Assets Group has announced the acquisition of Carter Brown Associates Ltd – the UK’s leading family expert witness firm. It is at best regulatory indolence and at worst a disgrace that this acquisition is being allowed to go ahead.

The Slog: This latest acquisition by Core Assets – a rapidly expanding service supplier in the children and families sector – may make eminent sense for their business, but it makes no sense at all on the dimensions of justice and a level playing field for dysfunctional families; and while I would stress that absolutely no scandal I know of attaches to CAG, we must all wake up here and work out how paedophile rings operate.

Established in 2001, Carter Brown Associates delivers what it calls ‘bespoke expert witness services to legal professionals who operate in the family courts’. For those new to the subject, let me explain the disgrace of the family courts. They are held in secret – no media allowed – and despite many false dawns since New Labour’s promise of reform and openness way back in 2005, we are still waiting for something to happen.
If there’s one thing intelligent paedophiles love, apart from people under three feet tall, it’s secrecy. Under a regime of secrecy, they are able to infiltrate the social care system. With the power to give work to psychiatrists (supposedly guiding the Judges) now in their gift, these Fifth Columnists bribe the psychs to invent nonsense about this or that family ‘syndrome’…so the child can be taken away from parents, and put into care….for the enjoyment of other paedophiles.
Angelos Agathangelou at 8:06 am No comments:
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Angelos Agathangelou
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