By initiating the economic turmoil that’s unfolding, London’s financial Wizards of Oz open the gate and stake out two roads through the inevitable chaos when it occurs (1) to a new world paper currency which they will control and (2) to a “new world government” with themselves in charge of earth’s food, fiber, water, land, money, minerals, industry, information, people, jobs, hope, militaries, and government; having foreclosed on what resources they didn’t already own.”
The bankers have begun to put up billboards for the world in places like the Middle East that say: “When we want you into our global financial boat, it’s better to get in than to try to rock it, or row your own.”
What does all this have to do with Cyprus?
It’s another billboard for the world saying: “We control your money and can come get it anytime we want.” The unspoken being if a European central bank (in this case the European Central Bank) and its confederates can say they’re going to steal 25 percent from a citizen’s bank and/or savings account if they have more than $100,000 in them , than central banks everywhere can steal whatever they want from citizen bank accounts, whenever they want, with no fear of prosecution.
Cyprus is no mistake or miscalculation. It’s a message to the rest of the world.
Cyprus Was Not Caused By Citizens
Citizens did not cause the Cypriot or any of the world’s current banking crises. Ever. Corrupt government officials, central bankers, and Wall Street money shufflers did. This is why Iceland citizens told these same bankers and their London enablers to take their debt and all of its illegal interest and shove it. Then they set about restoring financial stability in their nation through citizen-controlled financial institutions. America’s Constitution specifies that congress is the only agency authorized to print and coin the nation’s money. Financial stability isn’t rocket science. It’s responsible people with the political will to take charge and do it.
The talking heads you watch nightly on television explaining Washington and world economic happenings are controlled by the same money that controls congress, the world’s governments, and our currency.
Cypriot President Nicos Anastasiades said the ‘tax’ on proposed citizen deposits was “. . .an alternative to a disorderly bankruptcy . . . that it’s painful but [this] will eventually stabilize the economy and lead it to recovery.”
This was a lie, and the Cypriot politicians who wallowed in easy loan money from the ECB loan sharks know it.
Did Cypriot bankers get threatening phone calls after announcing the confiscation? Does the sun come up? Some from Russians who bank off-the-record billions there for sure and probably an equal number from enraged citizens. Had the situation occurred in this country, banks and bankers would have been inundated with identical calls; from Latin American drug cartels and Bubbas sitting outside in their pickups.
People of all stripes hate it when thieves steal their money.
How The Central Bank Operates in a Country
“Central banks are the devil. They are like drug dealers except they administer regular doses of supposedly legally prescribed barbiturates [cash] to their addicts [politicians and government officials]. The ‘easy money’ or ‘credit’ they create is an opiate and like all addictions, there is a payback for the addicts . . .”
John Kenneth Galbraith
Central bankers like the Fed in New York, have deliberately fed billions to ever-present corrupt politicians knowing full well that nations will not be able to repay what their politicians are eternally willing to run up in government “budget” debts and who, like their lenders, have no concern for their citizens, the debt being piled on them, or the financial ruin of their nations.
According to the IMF , for example, the total loan book of the Cypriot banks is €152 billion, 8 times the Cypriot GDP of approximately €17 billion.
When the politicians in these nations hit their tipping point billion- spend—beyond which the debt cannot be repaid like they’ve done in Greece—the bankers jerk the financial noose; calling for “. . .repayment and ‘austerity’ to pay for their financial binge;” foreclosing on the country’s state run collateral assets like power, water, gold, oil, gas, minerals, and public land with front companies for pennies on the dollar; helping themselves to what taxes the country is still able to scrabble together from honest citizens and now, those citizens’ bank and savings accounts.
Argentina would have been a great precursor for Cyprus to study in that their banks
closed for the weekend and when they reopened on Monday, they found out their currency was worth one-fourth what it was when they went to bed Friday. Somehow, though, rich Argentinians managed to get their money out before the bank closed.
Never got their money back.
The same thing happened in America during the Great Depression when Roosevelt announced his confiscation of gold; the forewarned rich already having moved their stashes offshore while citizens found government confiscation ‘agents’ sitting in safety deposit box vaults waiting on them. Those who escaped this robbery had their gold and money at home in a mattress safe guarded by a shotgun.
How The Central Bankers Add To Their Fortunes
Did you know Cyprus has just shy of a trillion cubic feet of gas setting just offshore? If City-controlled and placed bankers and government “officials” took over Cyprus . . .
See, confiscation of gas fields like this to satisfy their bank “loans” are one of the ways The City’s banking families continue to generate revenue streams that add to their fortunes. Other sources are major wars for which The City provides both sides with financing—the victor being indebted to the bankers with future revenue streams to pay off victory expenses, while huge portions of the loser’s spoils (often up to 75%) goes into The City’s coffers towards satisfying what the loser owed; its remaining debt to be paid back by its citizens (through taxes) as the country rebuilds..
The FDIC, for example, couldn’t begin to cover confiscations on citizens’ $100,000 accounts nationwide in an American Cyprus situation.
And the number of Argentina’s and Cyprus’s is going to increase worldwide, and that includes the U.S. in my opinion. The list of countries mired in the same indebtedness as Cyprus is long, and the globe’s current economic tar pit is ripe for these financial vampires who’ve deliberately shut their economies down; enabling them to come riding in on white financial horses and pick their pockets.
Central Bankers Want World Economic Chaos
By initiating the economic turmoil that’s unfolding, London’s financial Wizards of Oz open the gate and stake out two roads through the inevitable chaos when it occurs (1) to a new world paper currency which they will control and (2) to a “new world government” with themselves in charge of earth’s food, fiber, water, land, money, minerals, industry, information, people, jobs, hope, militaries, and government; having foreclosed on what resources they didn’t already own.
If this doesn’t occur with Cyprus, they will stair-step up to the next country; then others until the pressure builds, the bank runs start, and global chaos emerges.
A deliberate economic collapse.
These bankers aren’t dumb. They initiated the current financial panic in Cyprus knowing full well the possible outcomes; not caring if Cyprus officials gave it a thumb up or down; could buy the island for chump change in their world. No, they wanted to scare the bejeebers out of average bank depositors with a message from Cyprus that everyone could understand incase they missed New York’s MF Global billion dollar confiscation of all of its depositors’ money; of which almost$200 million was used to replenish an overdrawn account at JPMorgan Chase in London on Oct. 28, the last business day before the firm (MF Global) filed for bankruptcy.
That message? “Organized financial criminals can steal your bank deposits with no repercussions.”
Their insatiable greed has already piled wood around their stakes and tied them and the governments they were elected to represent to it—neither being of further use to the bankers. Let their citizens have their way . . .
The world financial shakedown and takedown by master Shylocks is under way.
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Anatomy of the Bank Run, is a short piece written by Murray Rothbard (1926–1995) in 1985, dean of the Austrian School of Economics, that laid bare the great financial Oz hidden behind the banking industry’s curtain. It’s a timeless, accurate piece that was current in the Great Depression, is current in 2013, and will be current in 2050 unless society and the citizens change it. It’s worth a quick review.
Copyright 201 by W.R. McAfee, Sr. All Rights Reserved.