The European Union EU “Dream” Wasn’t Even European, Bank Deposits Confiscation

The European Union (EU) “Dream” Wasn’t Even European (More Preview to Part II Ideological Subversion of the United States)

Recently, European Commission President Barroso expressed concerns that the European “dream” was under threat from a “resurgence of populism and nationalism.” The “threat” of Italy, Poland, Spain… resurging as sovereign nations? To the EU creators, yes, because the European Union “dream” wasn’t even European.

In September 2000 about two years after the euro became the official currency of the Eurozone, the Telegraph foreign press (link) reported DECLASSIFIED U.S. government documents from the 1950s and 1960s showed U.S. intelligence ran a campaign to advance a ‘united’ Europe, exert pressure to push Britain into the European state. In 1948 the American Committee for a United Europe (ACUE) was created that funded and directed the European federalist movement and covert operations in the European Youth Campaign (“Euro-federalists financed by US spy chiefs.” Telegraph Sept 19, 2000). One memorandum dated July 26, 1950, gives instructions for a campaign to promote a European parliament, signed by General William J. Donovan, head of the American wartime Office of Strategic Services, precursor of the CIA.

Another memo dated June 11, 1965, advises the vice-president of the European Economic Community, Robert Marjolin, to secretly push for the monetary union and suppress debate until “adoption of such proposals would become virtually inescapable.” The ACUE that funded these activities was funded by the Rockefeller Foundation and Ford Foundation.This followed the end of World War II as it was the same wealth behind these Foundations that funded and unleashed Hitler and the “Master Race” upon Europe. Over 400,000 U.S. military men and women died in World War II; total estimated 60-80 million deaths including civilians. One U.S. attorney general at the time used the term “treason”.

For the sake of your nation leave the euro, EU.

In the interests of the United States? As a preview to Part II Ideological Subversion, the Rockefeller Foundation and Ford Foundation together with the Carnegie Endowment were under congressional investigation for their funding subversion of the United States. Confirmed communist spy Alger Hiss was president of the Carnegie Endowment and David Rockefeller joined the Board at his “invitation”. One of the documents found at the Foundation in the early 1900s was their plan to take control of the U.S. State Department. The timing of the design to corral nations in Europe into the EU commenced as several generations in the United States had been deliberately “dumbed-down” and subverted by the 1960s to Marxism-Leninism, the ideology of communism with fascism at the top. In the upcoming Part II, consider who assailed and halted the investigations. Yuri Bezmenov (Part I Ideological Subversion) Soviet subversion expert-turned defector warned U.S. intelligence, politicians and the media and realized he was talking to people who wanted to prevent the American people from understanding the truth (video).

Consider the parallel plunder of the United States and the Eurozone countries in Run Cyprus! Leave the Euro. Consider that what was put forth to the people – the euro – as integration of the European economy was subverted to control.

“Who does what, who decides what, who controls whom and what? And where are we heading to?”—Barroso in earlier quote on April 23, 2013. It seems the answers to these question were designed some 60 years ago as its true intent leaks out from time to time. In 1992 Strobe Talbott, former President Clinton’s Deputy Secretary of State and current member of the Council on Foreign Relations and President of the Brookings Institution, wrote in Time Magazine: “Nationhood as we know it will be obsolete; all states will recognize a single, global authority” (“America Abroad: The Birth of the Global Nation.” July 20, 1992).

There it is: Aspirations for the “One World” Order, the “single global authority” or as Bezmenov revealed “world domination”. No Mexico. No Spain. No Indonesia. No Australia. No Poland. No France. No Ukraine. No Italy. No Turkey. No India. No Pakistan. No Malaysia. No U.K. No Iran and so on…Nationhood obsolete. Just states asking permission from the ‘single global authority’ to retain some rights. Kissinger expounds on the virtues of this ‘single global authority’ in 2009.

No China? No Russia? It seems there was a minor miscalculation.

The largest contributors to the Brookings Institution are the same Ford Foundation and Rockefeller Foundation, Bill & Melinda Gates Foundation, and John L. Thornton. Thornton is the Brookings Chair of the Board and former President and co-CEO of Goldman Sachs. The Brookings Institution is also where Robert Rubin and Lawrence Summers – with former Federal Reserve Bank Chairman Alan Greenspan – who were instrumental in the proliferation of derivatives that collapsed the U.S. economy gather to promote economic growth.

Goldman Sachs is co-founder of the Council on Foreign Relations (CFR, Robert Rubin its co-chairman). Otmar Issing, co-creator of the euro is International Advisor of Goldman Sachs. Rubin, Summers, Greenspan, along with Goldman Sachs’s CEO Lloyd Blankfein, JP Morgan Chase’s CEO Jamie Dimon, Zbigniew Brzezinski of the Grand Chessboard designs on Europe, and U.S. Treasury Secretary Timothy Geithner congregate at the CFR with five Rockefellers (whose Chase acquired JP Morgan, shareholder-owner of the Federal Reserve Bank); also CFR members are former CEOs of Fannie Mae and Freddie Mac (Daniel Mudd, Richard Syron respectively; Frank Raines of Fannie Mae) and Maurice “Hank” Greenberg of AIG – heads of three institutions at the heart of the 2008 collapse.

It appears the CFR has the greatest concentration of the worst failures in the history of the United States, the collapse of its financial system, or its most successful depending on the vantage point. In the previous article, “The Federal Reserve Bank is Naked,” consider in the 2009 QE I mortgage bond purchase program how it is possible that the Federal Reserve Bank paid a handful of its banks $57.7 billion for a $600 million mortgage bond from the 1980s and multiple other similar FRB bond purchases that totaled $1.25 trillion. U.S. State Department Secretary Clinton-U.S. presidential candidate expressed their fortunate proximity to the CFR building as that is where the Department obtains U.S. foreign policy (video), presumably with assistance from Henry Kissinger wielding U.S. military men as “dumb, stupid animals to be used” as pawns for foreign policy (Woodward & Bernstein. (1976). The Final Days, p.194).

From their financing and buildup of the Soviet Union to Hitler’s Third Reich takes us to Bechtel’s build-up of China since the 1950s (see footnote on Hegelian dialectic below), that brings up a curious case at Los Alamos National Laboratory in the late 1990s. In Part II we look at their interests in Russian and Asian art and culture (with AIG’s CIA-esque Maurice “Hank” Greenburg), and an interesting battle over oil that revealed a rather epic Who’s Who of the “One World.” Much has been written about the revolving door between Wall Street and the SEC, the White House and the State Department but perhaps that should be extended to the CIA.

The Telegraph reported the World Gold Council advises Italy to hand over its gold reserves to force a change in EMU policy (“Italy should use its gold reserves to force a change in EMU policy.” Telegraph May 2, 2013).

In place of gold, are Italy, Portugal, Spain…perhaps dusting off those guillotines?

 

 

[Economics Professor Antony Sutton  (1976. Wall Street and the Rise of Hitler) suggested 90% of the Council on Foreign Relations is an outer ring composed of “hangers-on and social climbers”, perhaps the equivalent to what Soviet KGB subversion expert Yuri Bezmenov calls “useful idiots” [Part I Ideological Subversion of the United States]. The CFR members include a Who’s Who of economic academia, whose American Economic Association was annexed to their creation of the Federal Reserve Bank, which Sutton observed has produced more “bootlickers” than researchers. For what Sutton uncovered in declassifying State Department records and research at Stanford University, he faced pressure from the White House, told by Glenn Campbell, President Reagan’s advisor over the CIA, that he was a “problem” and his academic career “you will not survive”.

Sutton traced their roots back to Georg Wilhelm Friedrich Hegel, the German philosopher for State supremacy or Fascism, whose ideas inspired Hitler as well as Karl Marx and Friedrich Engel’s The Communist Manifesto. The enamored wealthy imported this to the United States and financed its propagation, which takes us to Part II…

Their Hegelian dialectic creates conflict, pits countries against the other while financing and controlling the process, and out of destruction and “crises” consolidate control. It is how conflict is created between the left and right in the United States to keep the masses preoccupied while controlling the parameters of conflict and thus the outcome, always towards more State control.

In Part II, consider which Ivy League university in the United States was the reputed “nursery for communism” that required naked photos of its freshmen from which a core of its establishment went on to create and fund ideas of the “Master Race” that led to the sterilization of 60,000 “defective” Americans even before Hitler’s gas chambers, to financing his Third Reich, subversion of the U.S., the creation of EU, initiated wars in Iraq, Afghanistan …. ]. The plunder…

 

Bank Deposits Confiscation in the United States  – The Cyprus Blueprint Implemented

Update to the previous article, Run Cyprus! Leave the Euro (April 1, 2013). The Telegraph foreign press reported on April 28, 2013 (link) that Bank of Cyprus has implemented the depositor “bail-in”:

“Bank of Cyprus said it had converted 37.5pc of deposits exceeding €100,000 into “class A” shares [In exchange for depositors not getting their money, depositors are given stocks of the bankrupt bank], with an additional 22.5pc held as a buffer for possible conversion in the future…Another 30pc would be temporarily frozen and held as deposits, the bank said [Depositor can not take money out].”

The Irish Times reported €4.2 billion in customer deposits was raided (link). The “bail-in” is along the lines outlined in a joint paper by the FDIC and Bank of England in December 2012 titled, “Resolving Globally Active, Systemically Important, Financial Institutions” and other documents that suggests several years in planning.

The U.S. media has remained rather silent on what is being planned for the American public. When the time comes, money left in the banks will be taken, as now bank depositors have become unsecured lenders to the banks; 401(k) and other retirement plans are in line. Take GDP and subtract the trillions in QE and The Black Hole reveals itself – it is not complicated. There is no solution to the debt and OTC derivative problems, assuming a solution is the objective.

 

 

Run, Cyprus! Leave the Euro

How does the island of Cyprus in the Mediterranean Sea get vaulted into international headlines in the past few weeks of March 2013. Moody’s downgrade was in January 2013. In November 2012, Germany intelligence warned about KGB money in Cyprus banks. June 2012? Why now? Why Cyprus?

Insolvency? Not in the same league as the largest insolvent member banks of the Federal Reserve Bank and European Central Bank. Money laundering? A United Kingdom fund manager, William Browder of Hermitage Capital warned Germany (Reuters, Mar 27, 2013) of KGB money laundering in Cyprus banks. The extent of laundering is unknown, but for reference, London’s HSBC  – Europe’s largest bank – laundered $250 billion from 2001-2007 but is “sorry” for aiding drugs lords, rogue states and terrorists. Wells Fargo-Wachovia laundered $378.4 billion for cocaine drug lords from 2004-2007. Some others.

Cyprus resembles a trial run (attempted on lot of Russian money) of the new “bail in” bank bail-out scheme outlined in a joint paper by the FDIC and Bank of England in December 2012 titled, “Resolving Globally Active, Systemically Important, Financial Institutions”. Deposit insurance is becoming a thing of the past (FDIC insurer has been in a state of insufficient funds at least since 2010 with transfusions from the Federal Reserve printer), as bank depositors-savers are now considered unsecured creditors to banks. For instance, this means in the event of a bank failure, reported as of March 30, 2013 Bank of Cyprus big depositors (over 100,000 euros or US $130,000) could lose up to 60% of their money in an EU-IMF restructuring.

Cyprus. Greece. Italy. Spain. Portugal. Ireland,… RUN. Leave the euro. It is a trap.

There is not much that is made visible, except for Cyprus’s proximity to Syria and Turkey where NATO and Russia have been stockpiling missiles. It is almost as if one were spectator to Zbigniew Brzezinski and company’s (Henry Kissinger, Rockefeller – the Chase part of JP Morgan Chase, Goldman Sachs, etc.) Grand Chessboard moves on the European continent, that incidentally, is a block of real estate adjoining Russia and China.

For a moment, let’s look at the plight of Hermitage Capital’s William Browder who warned Germany. Russia banned Browder from entering the country since 2005 (WSJ Mar 18, 2006), but he is on trial in absentia on tax evasion charges. On March 5, 2013 (Bloomberg), Russia opened a case against Hermitage Capital for illegally purchasing 131.6 million shares in Russia’s Gazprom for about 2.1 billion rubles ($70 million) at a time when foreign ownership of the world’s biggest natural-gas producer was prohibited; Browder said buying Gazprom shares through “derivative structures” was “perfectly legal”. Back in 2008, the WSJ reported Kameya, an investment vehicle on Cyprus linked to Hermitage, figured in a “gray scheme” that allowed foreign investors to get around the restrictions.

In 2009, Browder wrote a tribute “They Killed My Lawyer [Sergei Magnitsky died in a Moscow prison]” decrying Russia’s lack of rule of law, which was published in Foreign Policy (Dec. 22), whose CEO and chief editor David Rothkopf is former managing director of Kissinger Associates. In 2006, the Washington Post reported (July 13) three U.S. Senators (J.McCain, B.Frist, C.Schumer) wrote a letter to 43rd President G.W. Bush to take Browder’s – a British citizen with ties to the President and Prime Minister Tony Blair – case to Moscow as some U.S. investors had $1 billion in Hermitage, to set an example for rule of law. (Khodorkovsky’s similar plight on his purchase of Russia’s Yukos Oil and Bush (41st) is in the upcoming Part II ideological subversion of the United States.)

Browder and Edmond Safra founded Hermitage Capital Management in 1996 (WSJ Jul 13, 2006) and to 2005 was among the biggest foreign investors in Russia. Safra founded the Republic National Bank of New York (known as a gold bullion house, currency dealer) and Safra Republic Holdings of Luxembourg. Safra sold both to London’s HSBC for nearly $10 billion before his death on December 3, 1999. Safra’s murder from an arson in his Monaco house remains shrouded in mystery that extended to much of his bank dealings. Henry Kissinger’s comments upon Safra’s death (WSJ Dec. 6, 1999) are rather interesting given they were personal friends for 20 years. Denials of Safra’s Republic Bank alleged links to drug money laundering, the Iran-contra affair, CIA operations accompany suggestions Republic laundered Russian money.

On March 13, 2013, Russian journalists reported Safra was planning to give testimony to the FBI when Safra was killed. The bureau was investigating the fate of the stabilization credit that the IMF extended to Russia in 1998, which vanished from accounts at Safra’s bank at a time when Browder’s Hermitage Capital turned up significant sums of money to buy Gazprom shares. On March 26, 2013,  HSBC (Hermitage Capital’s trustee) shut down Hermitage Fund(link) as Browder is sued in London and Russian investigators threaten to seize documents from HSBC in Moscow.

[One of Republic’s largest customers was Martin Armstrong, accused of using his accounts, which represented 90% of Republic’s securities business, to defraud Japanese investors of $1 billion, described as Ponzi (USA Today Nov 21, 2001); HSBC settled. Questions remain about how much Republic knew. In a telemarketing scheme thousands of investors, many elderly, were persuaded into purchasing commodities (gold, platinum, etc.) with a 20% cash downpayment as SafraBank financed the remaining through a Texas subsidiary what came to be over 10,000 precious metals loans. Investors had no idea what they purchased in the 1980s was an OTC derivative and lost millions; in 1992, Republic settled some lawsuits.]

Leave the Euro

It is a trap. It is like telling people to go back inside a burning building. Cyprus. Greece. Spain. Italy. Portugal. Germany …and other nations in line to join the euro. Run. Walk away from it. Leave the euro with what is left of your nation’s wealth and sovereignty, if sovereignty is what you value. One can ponder the thought as a few months ago, the IMF sees the European banks face $4.5 trillion sell-off of assets (yours and the nation’s assets in exchange for printed money that was lent to you). In 2005 when the Dominican Republic suffered an economic collapse, the New York Observer (Dec 25, 2005) reported the IMF forced the country’s central bank to sell 2,000 acres of prime beachfront to a group of “20 American luminaries” – financiers, intellectuals – to “vacation, play golf and bask in the glow” of each other. The same has been done to the people in the United States. But consider a plan much bigger.

Consider that what was put forth to the people – the euro – as an integration of the European economy is subverted to control over the European Continue reading