The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label bailout. Show all posts
Showing posts with label bailout. Show all posts

Sunday, March 5, 2017

RMB internationalization could soon get major boost as desperate EU looks to bail out financial system with Yuan bonds

After a modicum of success in expanding the RMB's use outside of China when their currency became accepted into the IMF's SDR basket of currencies last year, the Yuan has since seen a slowdown for internationalization due in part from capital controls they instituted to try to restrict a growing occurrence of capital flight.  But in an interview given on March 5 by the head of the European Stability Mechanism (ESM), that may soon be changing as the financial body responsible for protecting the stability of the Eurozone suggested that the next round of 'Quantitative Easing' may involve bonds denominated in Yuan as the foundation for bailing out banks and other financial institutions.

The head of the organization charged with safeguarding financial stability in the eurozone said he does not rule out issuing Chinese yuan-denominated bonds to fund the rescue of European nations and institutions. 
"[Issuing European Stability Mechanism bonds in yuan] is possible," Klaus Regling, managing director of the ESM, said in a recent interview with the Nikkei Asian Review. He said the institution was preparing to issue dollar-denominated bonds in the fourth quarter of this year -- the ESM's first non-euro bond issuance -- but added that other currencies remained an option. 
"We are legally allowed to issue in all currencies," he said. "As a young institution, it is a big step to do our first non-euro issue ... and it seems to make sense from the market side to start with the U.S. dollar. But it is entirely possible that we move into other currencies that are attractive from the market side." - Asia.Nikkei
The European Stability Mechanism (ESM) is Europe's equivalent of the U.S.'s Exchange Stabilization Fund (ESF) in that it acts as a neutral party, able to step in and fill any monetary needs for the financial system.

If the EU is now looking towards the Chinese Yuan as a much better asset and currency to sell to fund and bailout European financial institutions in the future, then this will go an extraordinarily long way in fulfilling China's goal of internationalizing the Yuan, and moving it towards becoming an equal shareholder with the dollar as one of the world's primary reserve currencies.

Wednesday, February 22, 2017

How Donald Trump can bailout the American consumer without costing the government a dime

When the government was suddenly faced with the possibility of the entire Western financial system collapsing during a weekend back in September of 2008, Congress approved a bailout measure that was dedicated only for Wall Street, and left the American people stuck with their own massive accumulation of debts.  And of course this bailout of the 1% by the U.S. government to the detriment of the 99% saw many Americans lose their homes in foreclosure to the same banks that received taxpayer money, making the public outrage two-fold.

Now nine years later, debt levels for both consumers and Wall Street have once again grown to dangerous levels, and are threatening the very fabric of the global financial system.

But unlike in 2008 when the U.S. government was run by bought and paid for establishment politicians like George Bush, Dick Cheney, Hank Paulson, and Chuck Schumer, there is now someone in the White House who not only understands debt, remediation, bankruptcy, and negotiation, but is a populist who appears to favor helping the American people over the bankers and shills working on Wall Street.

Which bears the question then of how exactly could President Trump bailout the tapped out consumer without it costing a single dime to the taxpayer, or the budget?

In an interview on Feb. 22 with USA Watchdog's Greg Hunter, Nobel Prize nominee Robert David Steele provided a scenario proposed from one of his contacts that could allow President Trump to act as the negotiator for the entire American populace regarding their debt, and force the banks to a choice... either cut the interest rates and outstanding debt held by the American consumer in each of their individual accounts, or he would promote their stopping payments altogether and backstop this through a mass Pardon which would wipe away their legal obligations to the debt entirely.

Image result for make american consumers great again
Robert David Steele: Now let me point out a debt you haven't focused on, which is the three trillion that individuals owe to bloodsucking banks that have basically violated every biblical precept and with legalized crime are charging 29% interest rates. 
I have proposed, and this is not my idea... someone smarter than me came up with this idea but I think it's brilliant, if Donald Trump created a website, something that could easily be created overnight, and if 150 million people registered their student debt, their medical debt, their family credit card debt, and their small business debt and they authorized Donald Trump to renegotiate that debt on their behalf... and Donald Trump has one to two to three trillion dollars worth of debt that he is the authorized personally assigned agent of the American people, he can go to the banks and say folks, we're going to cut this debt by two-thirds, and if you don't do that... because the banks have already made back their money and are just sucking blood from a rock with interest rates, I am going to ask every American to stop paying these debt and I am going to give ever American a Presidential Pardon.

Tuesday, February 21, 2017

Germany remains at the center of the new Greek financial crisis as minister demands Greeks provide gold to backstop bailout

As the German government continues to prove more and more that they are the real controllers over the European Union, on Feb. 21 a minister in Germany's government publicly called for Greece to start putting up collateral, including gold bullion, if they want to receive the next tranche of bailouts to help their beleaguered system.

Image result for give me your gold
Bavaria's 50-year-old finance minister Markus Soeder was previously named by German weekly Der Spiegel as one of the Ten Most Dangerous European Politicians (defined as "every politician who is resorting to cheap populism in order to rack up domestic political points"). 
For the Greeks, this may well be true. 
According to an interview with Bild, the CSU politician said that: 
...new billions should only flow when Athens implemented all the reforms.  Even then however, aid should only be given against a pledge "in the form of cash, gold or real estate" - Zerohedge
For anyone who doesn't think gold is money, just ask the Germans who have not only repatriated much of their offshore reserves in recent weeks, but are now demanding that EU debtors put up their own gold holdings to continue the scheme of enslavement to the Troika printing press.

Tuesday, July 12, 2016

European banking system ready to implode unless the ECB comes up with $150 billion or more in bailouts

Over the weekend, Europe’s most toxic and insolvent bank (Deutsche Bank) came out with an announcement that if the European Central Bank (ECB) didn’t come up with $150 billion or more in new funding to bailout the continent’s banking system, then it could potentially face an ‘accident’ similar to 2008’s ‘Lehman moment’.
And it is not the largest German bank that is the sole institution in need of recapitalization by the ECB.  In Italy, nearly all the major banks are on the cusp of insolvency, and appear now in the process of a government sponsored bailout coupled with a small customer bail-in.  Added to this, British banks are running into major problems over their bursting housing bubble, and while the UK no longer has the security of going to the ECB for emergency lending, they may receive it anyway since other EU banks hold long derivative positions on the island nation’s securities and could implode if Britain goes the way of default.
BANKERS-COPS
Read more on this article here...

Wednesday, June 15, 2016

Au contraire Virginia, Congress can evoke bailouts during any financial crisis

In the aftermath of a negative public reaction to the bailing out of banks with taxpayer money following the 2008 Credit Crisis, Congress passed a law in which future crises in the financial system would be settled using the bank’s own customer accounts in what would become known as a bail-in procedure.
Yet on June 13, the possibility of a taxpayer bailout of a financial institution or sovereign government came back to the forefront as the Supreme Court ruled today that the territory of Puerto Rico does not have the authority to default on their debts, and only Congress has the power to legislate bailouts to aid or satisfy the obligations.
BAILOUT
Read more on this article here...

Sunday, April 17, 2016

FDIC study determines most large American banks not ready for next financial crisis

On April 13, the FDIC issued a new report from a study they made regarding the ability of major U.S. banks to deal with a systematic financial collapse.  And in their findings, the FDIC is reporting that 5 of the 8 ‘too big to fail’ banks do not have feasible plans in place to stave off a crisis, and in fact are geared towards the expectation that the government and taxpayers will bail them out once again.
Despite the fact that the 2010 Banking Reform Act specifically placed bond and equity holders as the entities which would bail out a financial institution during the next crisis, major U.S. banks have summarily ignored the new laws and are sure that fear and panic will cause the government to give in and bail them out as they did eight years ago.
taxpayer-big-banks
Read more on this article here...

Saturday, August 22, 2015

Jeb Bush revealed to be just another shill for the bankers

One of the stigmas that will forever remain on former President George W. Bush’s legacy was his ceding to the banks, and his standing with Hank Paulson to use taxpayer funds to bailout the financial industry after the 2008 credit crisis.  And as we begin to look more into the plethora of Republic candidates vying for the White House in 2016, we find something very interesting regarding the next Bush family member running for office.
When Jeb Bush was governor of Florida during the same time as his brother was ruling over the country from Washington D.C., it has now been revealed that his fingers were also involved in a scheme that provided monies from his constituents to a bank that would eventually be at the heart of the 2008 financial collapse, and which led to the state of Florida losing over $1 billion when Lehman Bros. went kaput.
And for this largesse, Jeb Bush got a lucrative $1.3 million consulting gig as part of the quid pro quo.

Read more on this article here...

Greece to have 1000 Bitcoin ATM’s installed as corrupt banking forces alternatives

With the final vote made last night to accept the parameters of the Greek bailout deal, the people of Greece are expected to have to endure another decade of high unemployment, capital controls, low GDP, and of course austerity.  But as with most societies that finally recognize that their governments and financial systems no longer work for their benefit, the rise of black markets and alternative means of commerce rise as an example of necessity being the mother of invention.
And besides the ongoing TEM currency that has been functioning in the Greek economy for close to a decade now, those in the Bitcoin community have partnered up with a service provider of the crypto currency, and are expected to install 1000 Bitcoin ATM’s all across the beleaguered European nation.

Read more on this article here...

Friday, July 31, 2015

Social Security: We’re from the government, and we’re here to destroy what remains of the program

One of the funniest and perhaps saddest commentaries regarding the ability of the Federal government to either fix or run a financial enterprise is that when Uncle Sam co-opts a business platform, the end result is almost always insolvency, or the need for taxpayer bailouts.  In fact, all one has to do is look at the government’s takeover of mortgage and student loan lenders Fannie Mae and Sallie Mae to see that elected officials and their bureaucracies are so incompetent when it comes to finance and running a business, they quite often spend more money keeping these entities afloat than the value of the business was worth.
So when the American people desperately need their government to solve a problem tied to the future of Social Security, Congress’s new planned solution and predictable outcome should come as no surprise.
In a new piece of legislation called the ‘One Social Security Act’ (HR 3150), Congress is seeking to merge two separate entities under the Social Security Administration into one, thus masking the insolvency of both programs and making your retirement insurance now fully integrated with those receiving benefits as a disabled American.
Read more on this article here...

Sunday, July 19, 2015

As Germany attempts to crucify Greece, their biggest bank is now under investigation for money laundering

Throughout the entire Greek crisis, German Finance Minister Schaeuble has been front and center in trying to hold a hard line against the Southern European country whom he believes should be given no mercy for the hundreds of billions of dollars worth of loans that went into the coffers of his and other banks, and not the Greek people.  In fact, the majority of the money Greece owes to creditors was not through any fault of their own, but as a result of a forced bank bailout made to institutions outside of Greece.
Including Germany’s own Deutsche Bank.
So while the German Finance Minister continues to pretend to be the arbiter of fiscal responsibility for Europe, on July 16 three new investigations began against Germany’s largest bank, which pertain to money laundering charges that have arisen amidst the sanctions the West has imposed on Russia.
 
Read more on this article here...

Wednesday, July 15, 2015

German coup over Greece sees new rise of the 4th Reich in Europe

Politicians are not leaders… nor are they statesmen who are willing to make the hard decisions despite the potential loss to one’s career or reputation.  And just days after the only Greek minister with the fortitude to stand up to the Troika resigned from office, it appears that not only is Greece ceding to another generation of austerity, but in doing so is giving up their sovereignty and possessions for a few billion euros from the real masters of the continent.
Germany.
At the beginning of the 20th century, and then again near its midpoint, the German empire rose and fell twice only to hide in wait as the Cold War placed its dream of continental domination on the shelf.  But in the 1990’s when the Soviet Union and Berlin walls fell, Germany began a new empiric rise that would come not from soldiers, artillery, and tanks, but from economic means and power over European banks.
And on July 13, the emergence and rise of the 4th Reich took place as Greece not only capitulated to Germany in an utterly humiliating defeat, but voluntarily gave up their sovereignty, their future, and their legacy simply for new debt that like their current obligations, can never be repaid.
 
Read more on this article here...

Monday, March 25, 2013

Church to lose $100 million as EU and ECB forge policy to steal lawful deposits

As Europe rejoices on March 25 as the ECB and EU complete a program to save the banks of Cyprus, other institutions in the island nation are not so jubilant.  The church of Cyprus, which is part of the Greek Eastern Orthodox church, is expected to lose $100 million of their money, as the Euro Zone bailout plan intends to steal 40% of everyone's money over $100 thousand euros.



The Orthodox Church of Cyprus has lost over EUR100 million reacted to its holdings in Bank of Cyprus. Church leader Archbishop Chrysostomos II, in comments on TV, noted that "Cyprus asked for 'crumbs' compared to large size of Europe’s budget," and that those responsible in Cyprus should be punished (he blames the outgoing government, Ministers of Finance, the Central Bank, and the Executive Directors of Banks) - "those that brought the place into this mess, should sit on the stool." - Church of Cyprus via Zerohedge

The church joins with former Russian KGB and current FSB depositors who themselves are expected to lose over $7 billion of their money, simply because they stored it legally in banks that corrupt ECB officials used to purchase toxic assets, derivatives, and massive bonuses.



Funny how legal depositors can lose 40% of their money simply for being a good customer, but a bank like HSBC can earn 90% of their windfall for providing money laundering services to known terrorists, drug cartels, and international criminals.

Monday, October 15, 2012

Government bailouts and Fed QE is solely about creating more wealth for the rich

Those animated bears are back, and this time they are breaking down how the government bailouts, along with Federal Reserve QE policies, are solely about making more money for the rich.  It is greed, theft, and a destruction of the American monetary system at its finest, while Uncle Sam simply keeps the bread and circuses of welfare and entertainment flowing to dull people from ever seeing the destruction.





This animation shows pure and simple that the credit crisis, trillion dollar bailouts, Federal Reserve actions are built to enhance the rich and major corporations, keep people spending money they don't have, and drain the last vestiges of true wealth from the economy and American capitol.

Tax the rich?  Like the meager fines placed on big banks for theri billion dollar fraud schemes, people like Warren Buffet are happy to pay a few million in a PR move to hide the fact he earned billions of of your taxes.

Thursday, July 19, 2012

Postal Service once again fails to deliver a solvent business model

It's that bi-annual time again for the U.S. Postal Service to come before Congress and the American people to tell us how needed they are, and how without more bailout cash, your mail might not be delivered.



While lawmakers continue to fight over how to fix the ailing U.S. Postal Service, the agency's money problems are only growing worse.

The Postal Service repeated on Wednesday that without congressional action, it will default—a first in its long history, a spokesman said—on a legally required annual $5.5 billion payment, due Aug. 1, into a health-benefits fund for future retirees. Action in Congress isn't likely, as the House prepares to leave for its August recess.

The agency said a default on the payment, for 2011, wouldn't directly affect service or its ability to pay employees and suppliers. But "these ongoing liquidity issues unnecessarily undermine confidence in the viability of the Postal Service among our customers," said spokesman David Partenheimer.

The agency says it will default on its 2012 retiree health payment as well—also roughly $5.5 billion, due Sept. 30—if there is no legislative action by then. - Wall Street Journal via Zerohedge

However, don't expect too much from Congress.  As the vastly intelligent progressive Harry Reid tells us...

Monday, June 11, 2012

Nigel Farage on how EU expansion led to its demise

Britsh representative to the EU parliament, Nigel Farage, spoke on June 10 regarding the Spanish bailouts, and what it means for the Europran Union as a whole.  His interview was quite intriguing, especially in regards to how Europe's appetite for expansion with smaller economic nations may well be the catalyst for their eventual demise.



God save the 10 member nation EU, who hemorrhages money like sailors during Fleet Week in New York City.

Tuesday, March 20, 2012

US Taxpayers begin bailouts in Greece as IMF confers first payments under settlement

For all intensive purposes, the IMF is the United States taxpayer.  America provides 17% of the funding to the global bank, and almost 3 times the amount as the second biggest contributor (Japan).  So in every sense of the word, when politicians or the media refer to the IMF, they are really talking about the US and US taxpayer.


IMF Members' Quotas and Voting Power
Nation
Percentage of Funding Quota
Percentage of Executive Board Votes
U.S.
17.09%
16.74%
Japan
6.12%
6.01%
Germany
5.98%
5.87%
France
4.94%
4.85%
U.K.
4.94%
4.85%














With this being determined, it should be no surprise to the American people that the Greek settlement and Greek bailout would be thrust onto the US and our tax dollars... similar to how our tax dollars were used by the FED to bailout European banks in both 2008 and again this year under dollar swap programs.


"Greece has received the first 7.5 billion euros of aid from its new EU/IMF bailout, with the bulk of the payment going to repay bonds held by the euro zone's central banks, government officials said on Tuesday." So while the Greek may particularly care that not only will they not see much if any of the actual bailout cash, and in fact will soon have to start using their gold to fill the capital shortfall as reported here, we are curious what the response will be from US taxpayers, who are on the hook for about 17% of IMF funding, as the money starts trickling in, however not for some old-fashioned concepts such as stimulating jobs, but simply to indirectly, with Greece as a conduit, bailout Europe's insolvent central banks. - Zerohedge

Wednesday, March 14, 2012

Farage doing what he does best in calling ECB out for fake Greek bailout

You have to love a politician and banker who tells it like it is, and especially in the face of the banking cartels while they are forced to sit and listen to the rant.  Such are the ways of Britain's representative to the EU Nigel Farage, and today's blasting of the ECB's fake bailout of Greece is another classic in the annals of exposing the fraudsters.

Monday, January 9, 2012

Germany in recession

2011 saw Italy, Spain, Ireland, and Greece in the headlines, both as nations in default of their debts, and experiencing social unrest for a declining economy and mass unemployment.  Entering the new year, we can now add Germany to the growing list of countries in recession, as noted by more than a dozen economists who have come to this conclusion.

The German economy is in for a weak start in the new year. This is the result of a survey of "World Online" under 14 bank economists. The majority of experts expected that the gross domestic product (GDP) over the past three months has shrunk.
In the first quarter of 2012, this decline is likely to intensify further. Technically, Germany is thus already in the midst of a recession. An economy is by definition in decline when economic output is two consecutive quarters. - Zerohedge via Bild

A German economy in recession will only complicate the matters in the Euro Zone, as staunch inflation hawks will now fight against a growing population who will demand intervention if the economic downturn continues over an extended period of time.  What this means for the rest of the EU, and if Germany will be willing to help bailout its neightbors has yet to be seen.

Monday, December 19, 2011

Euro Circus: Italy to give money to the IMF to bailout Italy

We have to wonder now about the Italian education system, and the bright young minds who grow into politicians and central bankers in the Euro Zone.  Today, a letter by the IMF specified that Italy needs to provide $32 billion Euros to the banking institution so they can use the funds to bailout...

Italy.

EUstatement

Pretty soon, we are going to have to tax the American citizens more so they can pay off the debts the Federal government owes on their behalf.  Oh wait... we do that anyway, so maybe our education system is just as bad as the Italians.

Monday, December 5, 2011

Vice President Joe Biden brings encouragement to the Greeks by joking about bailouts

Joe Biden is not the sharpest tool in the shed, in fact, it is well documented that plagarism is not just a random occurrance for the US Vice-President, but an addiction.  However, this did not keep the bumbling buffoon from joking about the plight of the Greek peoples, in a statement that intimated he came bearing gifts (bailouts).

(Joe Biden's plagarism documented)

Vice President Joe Biden, now best known for being the man who relies primarily on Jon Corzine for financial advice, continued his recent roll of epic linguistic blunders this morning. As Reuters reports, the VP, "joked during a visit to debt-choked Athens on Monday about bringing money to help Greece out of its deepest financial crisis in decades. Introducing a member of his delegation during a meeting with Greek President Karolos Papoulias, Biden said: "This man represents the Treasury department. He's brought hundreds of millions of dollars." His comments drew laughs from both the Greek and U.S. delegations." - Zerohedge

It is a sad state of affairs that when the western world is grasping for even a modicum of leadership, the US diplomacy corps sends in the clown.