Europe, the people are awakening.

Posted: June 15, 2010 in Politics

By R.J. Black

The daily mail has reported on a nightmare vision warning that democracy could disappear in countries such as Greece, Spain and Portugal replaced by right wing dictatorships. The national debts each country carries places the very existence of the E.U in jeopardy of collapse, Jose Manuel Barroso stated in a news conference today warning that up to $650 billion in aid will be required to stabilise Spain’s failing economy.

The people of the European Union would do well in asking where the money for such a bailout will come from and which countries currently in the E.U. have the capacity to finance an astronomical bailout programme that could cost trillions of Euros if Portugal defaults as well.

Spain accounts for nearly 12% of the production in the E.U, and the austerity packages to save a failing state are insufficient.  The global financial crisis has come home to the E.U. and once sovereign states have now lost control of their economy through a common currency controlled and financed by private banks. The Federal Reserve in the United States is an example, the Reserve is not a government entity, and it is in fact a private bank. The United States issues treasury bonds to the Federal Reserve and with the click of a button; currency is deposited to the United States government.

The people of the United States then pay interest in the hundreds of billions of dollars on this money not backed by any real assets or the economy. The European Union is also experiencing the same pains shared by the people of the United States, by giving up nation’s rights to produce their own currency, sovereignty and the ability to control the nation’s wealth have also been surrendered to private financiers.

John Emerich Edward Dalberg Acton] (1834-1902), First Baron Acton of Aldenham

“The issue which has swept down the centuries and which will have to be fought sooner or later
is the people versus the banks.”

 

Quote from Baron Nathan Mayer Rothschild 1777-1836) London financier, one of the founders of the international Rothschild banking dynasty

 

“I care not what puppet is placed on the throne of England to rule the Empire,
The man that controls Britain’s money supply controls the British Empire.
And I control the money supply.”

This is Allan Greenspan’s quote about private financiers

 “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. … This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.”

 

China is the only country in the world where western financiers have failed to penetrate the economy. As of this writing, China enjoys a three trillion dollar reserve and is currently purchasing gold and gold mines rapidly.

Paper money is floated into economies to satisfy the daily requirements of local trade and larger transactions are done through digital transfers, as there is insufficient paper money in the national economies of each nation.

 

Allowing private financiers, who finance public governments and national expenditures to create this money with no asset backing further leads to the relinquishment of national sovereignty and weakens the nation, leaving governments vulnerable to compromise from global financial organisations. This in turn leads to certain sectors of national economies susceptible to manipulation by outside interests causing the loss on manufacturing jobs and industry relocating to countries where goods can be produced cheaper.

History has clearly proven that governments can and will prohibit the ownership of gold and other prized assets to restrict the ability of people to protect themselves against deficit spending. They very people who have created this false crisis have done so on a house of cards knowing the end result would be the largest transfer of wealth the world has ever encountered.

The globalisation and interdependencies of national economies is a deception on the grandest scale perpetrated by international financiers with the sole purpose of concentrating wealth to a select few.

A great deal of intelligence shall be invested in ignorance when the need for illusion is deep, the opposite of courage in our society is not cowardice it is conformity.

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