27 Mar 2013
Thorsten Polleit on the gold standard that never was
Laiki Bank: Some Depositors Are More Equal Than Others + Why the British Banking Industry has become identical with an Organised Criminal Enterprise. Part 3 + Egan-Jones Downgrades UK From AA- To A+
Which also means that richer clients in Cyprus will lose between 40% and 100% of their savings above €100,000, unless they were smart enough to fly to Britain in time and transfer it all to another bank.
'Banks only beneficiary of EU austerity plans'
People in Cyprus also took to the streets to protest the bankster robbery. The protesters gathered outside the parliament in the capital Nicosia. Cypriot protesters denounced the TROIKA banksters (EU, ECB), the International Money Fraudsters (IMF) and their ineffective government.
When Is A Euro Not A Euro + CYPRUS: Now 1938 really is here again
Unbelievable: just as after Munich in 1938, the mobsters decide to take the whole lot.
Surely now the time has come to stop these maniacs
This is the gist: you will recall I broke
the news from banking sources last week about how enormous the leakage
of big money had been from Cyprus banks in the two days before B-am-B’s
Nazis railroaded the Cypriots into a room and said “Give us the money or
your banking system gets it”. You will recall also that I said I was
100% certain that the Eunatics would stifle any news about the cash
exodus until the deal was over. You will probably also remember that I
reported on yet more money leaving by Cyprus bank branches abroad,
because the the EC is too dumbfuck uncommercial to grasp that this was
going to happen.
Are Irish people to give up their jobs and pets under new personal insolvency guidelines?
: An opposition Irish TD has asked the government whether dogs and
other pets are to be “considered one mouth too many to feed” and
undergo a Troika ‘Final Solution’ under new personal insolvency
guidelines for Irish people who cannot afford their mortgage and other
debt repayments. Their troubles have arisen from the local economy being
decimated by austerity, aimed at bailing out the Sovereign which got
into trouble trying to prop up the private banking system. This ‘dig’ at
the the Taoiseach stemmed from confusion in government press statements
as to whether people will be asked to give up their jobs if childcare
costs are too high.
Varadkar says childcare costs will be considered in some insolvency deals.THE PAEDOFILE: Downing Street accused of ‘gagging’ victim support groups
All Quiet on the Rocks Lane team as more history of blatant cover-up emerges
The Slog: Recently, a paedophilia victims support group was raided by
police, and evidence removed. This morning, Downing Street stands
accused of restricting funds to help people sexually abused as children.
The plan seems to be to starve the outers of the money they need to
blow the whistle on a long-standing and appalling history of cover-up at
the highest levels of government.
Just how long this history is becomes apparent when reading accounts like that of former Met cop, Detective Chief Inspector Clive Driscoll. Way back in the nineties, Driscoll was given the task of finding out who the paedophiles were preying on kids in Lambeth Council childrens’ homes.
However, his superiors quickly decided they didn’t like the names he came up with. He was summarily removed from the case and put on disciplinary charges. His crime was revealing the names of politicians among the suspects. And at least one of those was rather too close to the police for comfort.
Guccifer emails link Tony Blair to top-secret Bohemian Grove gathering
The mysterious computer hacker known only as Guccifer has once again supplied RT with a trove of presumed personal emails in which the private correspondence between some of the world’s most influential men is put under the looking glass. The hacker’s target is once again former Secretary of State Colin Powell, and this time the discourse dives into a topic rarely discussed: the annual summer retreat at California’s Bohemian Grove.
Cyprus Wealth Grab: The BIG TELL!
The
evil Troika banks, their ghouls, Bernanke, LeGard, Draghi and Merkel
the Merciless are dead set on making an example of Cyprus.
This is not about the debts owed or the bankrupt banks. It’s about
control, controlling the table, going ‘all in’ with a policy of
scorched earth and making an example of Cyprus so the PIIGS get the
message that they are next. This ‘all in’ message was a warning shot
across the bows of the middle stacked plays like Spain and Italy. You
are next! We plan to take your stack, your deposits, your pensions,
even your livelihoods and lives, and send you to the rail. Get ready.
This Is How A Country Ends: Not With A Bang, But A Bailout
Submitted by Tyler Durden: Curious how in the New Normal a nation is brought to its untimely end without a single shot being fired? Dimos Dimosthenous, who has worked at the Bank of Cyprus for over 30 years, explains:"That will be the end. Our jobs, our rights, our welfare funds will be lost and Cyprus will be destroyed."
In short: not with a bang, but a bailout.
First, however, much more pain, because as Cyprus' FinMin Sarris said a short while ago, uninsured depositors in the second largest bank Laiki which is now pending lqiuidation, may lose 80% (read 100%... or more), and wait up to seven years for a payout. Of course, with the majority of the "evil, tax-evading Russians" long gone having used the chaos and assorted loopholes in the past week to get out of Dodge, the only people punished are assorted local hard workers, and domestic businesses, now set to liquidate as soon as they can afford the bankruptcy filing fee.