Tuesday, March 26, 2013

CYPRUS: A HARBINGER OF THINGS TO COME?

Is it possible that what happened in Cyprus, and across Europe (which our media is not reporting) a harbinger of what is coming to the United States?  Is your money safe in any bank?  No.  Why do I say it isn't?  Because the minute that you deposit your hard earned money into either a passbook savings account or a checking account or any other entity regulated by the bank and "insured" by our government, right?  R-i-g-h-t....

Most people assume that the money they deposit is safe in their bank regardless of what that bank may do with their money, which is to lend it out to other people at interest who might not pay the bank back. 

This is your money the bank is lending right?  Wrong.  The minute you place your earnings, or savings into your local bank, you are ceding over to them the care of your money, and paying them (in most cases) for the service of keeping the money there for you.

You are also giving the bank (read the fine print) the right to the money you have placed in their care - a form of receivership - the authorization to use that money to conduct its own commerce which is lending, but with the repeal of the Glass/Steagle Act and the passage of the horrendous Dodd/Frank law; also investing that money any way it pleases.

This is how hundreds of billions, even trillions have been lost while enriching the wealthiest families that hold this vast wealth for most of everyone else.  People have short memories. 

They forget what occurred on September 11th, 2008, when overnight the greatest redistribution of wealth took place, and trillions were transferred from people's retirements, investments, 401Ks, etc... electronically, and overnight dissappeared and were zeroed out and eliminated. 

The $780 billion bailout of the "TOO BIG TO FAIL" banking institutions did nothing to help any of the people who lost their entire life's savings, but it did transfer much needed cash into the pockets of the wealthiest "connected" families in the US, Europe, and Asia at taxpayer's expense. 

To this day, most of this money is unaccounted for, and since that fateful day in September, more and more wealth has steadily been transferred almost daily right under the noses of our elected officials from both political parties, and in many cases, with their knowledge and approval.

Although the FDIC supposedly covers for such loses - again at taxpayer's expense (remember, the government neither creates money or uses it effectively) - it only covers up to $250,000 per account.  If you have more than that, whatever else you have; you're on your own, and in this day where the government is looking at almost everything you do, the bank will report to the IRS what you do with your money if you try to either deposit or withdraw anything in excess of $7,000 in cash.

In Cyprus, their deposit insurance was supposed to cover accounts up to 100,000 euros.  But last weekend, as part of a bailout agreement with the EU, the government of Cyprus broke the fundamental promise of deposit insurance, and announced a plan to take 6.7 percent from every insured bank account, and 9.9 percent from accounts with more than 100,000 euros.the country.  This is nothing short of legalized larceny.

In doing this, the government of Cyprus is committing a criminal act for which anyone would be imrisoned for.  Our government through the Federal Reserve System has been doing this to US for decades through inflation.

As one Internet report posted:

"In other words, ordinary people who put their money in the bank are not going to get all of their money back. It would be like waking up, logging into your bank account, and seeing that a chunk of it had vanished.

"Under the deal, ordinary people in Cyprus are getting hosed. Ordinary people in other troubled EU countries may see what's happening in Cyprus and think, my money's not be safe in the bank. If this prompts Spaniards and Italians and Portuguese people to start pulling money out of their savings accounts, it could disrupt the whole European financial system (again).

"Still, the past few days have provided an unsettling, potentially dangerous reminder: When you put your money in the bank, there's no guarantee that you'll get it back."
(NPR: Where the Bank Really Keeps Your Money)

Is your money safe in the bank?  You'll find out how safe that money is when and if your local bank, or the president declares a bank "holiday" and you lose access to the money that you have entrusted the bank to keep for you.

You forget that you have relinquished possession of that money and have authorized the bank to hold it for you.  Even though the money is under your name, it is the bank and not you who posseses that money.

AND NOW INFLATION:

Everytime you go to purchase any commodity such as food or fuel, or a service; you discover that it takes more of your cash to purchase that commodity or service.  And recently, the goods you buy at your grocer are becoming smaller and smaller and the bag of potato chips is being filled with more and more air, but you're paying more for it.

That is what the "hidden tax" of inflation does to the money you earn, while it uses that "extra cash" to "stimulate the economy" by pouring it into more wasteful government programs, driving up a deficit it has no plans of reducing or ever paying back.

When the dollar was pegged to the price of gold (at around $35 per ounce) the currency in circulation could not be inflated.  This ended when Richard Nixon (himself a puppet of the international banking cartel, as have been almost every other president in the 20th century), removed the dollar from the gold standard, and made it the defacto international exchange currency known as the petro dollar; the money used in buying and selling petroleum internationally. 

Almost overnight inflation shot up, and interest rates began their steady climb into the double digits that brought about the stagflation of the Carter years, what was fondly known as "the Carter Error" (a pun on the word Era) until Barack Obama came along and beat Carter's record of "Worst president in US history" in his first term, and is about to break even that record with his second term.)

This is what happens when international bankers take the reins of power from a nation and its electorate, use it to monetize debt to syphon the wealth of its citizenry in what amounts to a bold act of state-sponsored larceny.  Any nation that has a central bank that is tied to the current federal reserve system will be a victim in this money laundering scheme. 

The greatest bank heist in the history of the human race has been committed and continues to be committed by the Federal Reserve and the central banks of every nation in Europe, Asia, and the Middle East, and because it done in plain sight with the tacit approval of our elected governments – in deed at their behest – very few, too few to make any difference – notice that it is taking place.

In 2008 when our elected officials rushed to Washington so they could vote to enact the greatest bailout of banks with holdings of the riches people on earth to the tune of $780 billion, they set into motion the greatest transfer of wealth in human history.  With one vote, in one night, they knowingly allowed almost a trillion dollars of every tax payer in America to be given away and wire transferred to the banks containing the accounts of the wealthiest power brokers and international bankers – the ones who were behind the orchestrated collapse that had taken place September of that year.  This is a crime has only been surpassed by John Corzine’s illegal transfer of money contained in private accounts to Barclay’s Bank in England and other offshore banks to the tune of hundreds of millions of dollars.  This single act by one person who has yet to be made accountable for this crime, is perhaps one of the greatest acts of larceny ever committed in this country’s history.  Below is what is known about Corzine’s role in this affair from Wikipedia, the Online Encyclopedia.


Corzine was appointed CEO and Chairman of MF Global, a multinational futures broker and bond dealer, in March 2010.[152]
MF Global's stock price declined two-thirds in the final week of October 2011 and its credit rating was reduced making its debt high-yield debt following huge quarterly losses.[153][154] On October 31, 2011, trading was halted on shares of MF Global prior to the market opening, and soon thereafter MF Global announced that it had declared Chapter 11 bankruptcy. Shortly afterwards, federal regulators began an investigation into hundreds of millions of dollars in missing customer funds.[155] Corzine resigned as CEO on November 4, 2011, after having retained the services of defense attorney Andrew J. Levander.[156] It was reported that Corzine declined a severance package worth $12.1 million.[157] MF Global's collapse was one of the ten biggest bankruptcies in U.S. history.[158]

Corzine was subpoenaed to appear before a House committee on December 8, 2011, to answer questions regarding missing money from MF Global client accounts.[159] On January 30, 2012, it was reported that officials investigating the case believed most of the money is unrecoverable.[160] In March 2012, Bloomberg reported that a memo produced by congressional investigators quotes an internal company e-mail as saying Corzine gave "direct instructions" to use customer money to cover the company's own shortfalls prior to bankruptcy. A Corzine spokesperson responded that Corzine "never gave any instruction to misuse customer funds and never intended anyone at MF Global to misuse customer funds".[161]

J.C. Flowers

As of 2010[update] Corzine served as a partner at J.C. Flowers & Co., the private equity firm founded by his friend J. Christopher Flowers. Flowers owned a 10 percent stake in MF Global[17] and is also a former Goldman Sachs partner.

It appears that justice has a price; it can be bought if one is well-connected and has the deep pockets and the right legal counsel to acquit anyone of any charges. 

The international bankers, the politicians who owe them their careers, and the others with whom they hob nob and play their part with; are a class all by themselves above the law, above the people, above it would appear even justice itself.  But there is One with whom every one of them will have to account someday, and He they will not be able to bribe or lie to Him, and He is the Lord G-d.
 A friend sent me the following very interesting article-------------------------------
 
THE LAST SAMURAI-JAPAN INITIATES HARI KARI-FINANCIAL DIS-EMBOWELMENT
What I warned about back in January has now come full circle. The Japanese have decided to perform Hara Kiri on themselves and disembowel their economy on a global stage. What can only be decribed as willfull suicide the BOJ has decided to begin buying derivatives. The most volatile financial weapon of mass destruction will be purchased by the Japanese, the question is why?

You see friends what I have said before is that Japan has been set up as an ancillary support system for the dollar dominated world market. As the US economy continues its death spiral Japan has been ordered to jump on the grenade and keep the dollar charade going for just a little bit longer. The poor Japanese people have been sold out by their leaders and the only nation that could have helped them, they have alienated, China. Japan will be buying US derivative debt, there by releasing some of the preasure build up in the derivative market helping the TBTF banks (Too Big To Fail) in the US,as well as devaluing the currency by taking it to nose dive hyper speed.

This will not set well with the Chinese as they will have to devalue as well but the difference being the Chinese have prepared for this ten years ago. Japan is finished, energy and food prices are through the roof they are moving from the lost decades to being the lost civilization. I implore the Japanese people to stand up and put an end to this maddness. Your leaders are all double agents of globalist banking interests they have sold you all down the river. They are now trying to genocide you by pushing you to a war with China that you cannot win. They have poisoned you with Fukashima and they are impoverishing you with their ecomomic schemes. Please stand up and take your nation back while you still have a chance.

For everyone in the US please ignore the spot prices of Gold and silver as the physical is harder and harder to come by. Keep buying you will need something to bribe, barter, and buy with in the days that are ahead. As I told some of you months ago the DOW is going to go hyperbolic, up 14-16000 points before the final massive crash. Be prepared.

No comments:

Post a Comment