Showing posts with label IMF. Show all posts
Showing posts with label IMF. Show all posts

Wednesday, June 22, 2016

Greece Is The Fate Of All Europe Unless The EU Is Defeated


Despite heavy censorship by the corrupt government-media axis of anything that shows the disastrous reality of the European Union, some determined reporters and bloggers are fighting back by bringing the truth into the public domain. This in turn exposes the lies and deceit that the EU Politburo perpetrate in order to keep alive their failing project to replace the independent nation states of Europe with a single post-democratic superstate.

It has also laid bare the lie that the European Union is responsible for maintaining peace and stability across the continent allowing the peoples of Europe to enjoy unparalleled prosperity and happiness.

Any failed state in the third world that has been willfully reduced to abject poverty, misery and utter destitution by an authoritarian regime would be generating headlines across the world. It may even force the deadbeats at the UN to suspend their full time anti-semitic campaign against Israel and pass a resolution condemning the EU and German Chancellor Angela Merkel for the willful destruction of Greece and the impoverishment of the Greek people. (See here)

Aging rock stars such as St Bob Geldof, who are desperate to keep their names in the public eye, regularly call for the cancellation of third world debt and that racked up by impoverished African dictatorships but they remain silent on cancelling the debt racked up by impoverished Greece.

From the Atlantic Ocean in the West to the Carpathian mountains in the East instability, bankruptcy, poverty, riots, murder and mass rape by so-called middle eastern refugees is rampant but studiously ignored by the EU Politburo and the government-media axis. No country is untouched by German Chancellor, Angela Merkel's dominance of the EU and no citizen is safe from the harm they cause.

Like all authoritarian regimes, this harm will not affect the ruling elite or their sponsors, backscratchers and sycophants. They insulate themselves from their own actions and never have to suffer the consequences of the disaster they impose on others. All twenty-eight countries that make up the EU, including Merkel's Germany, are subject to this economic, social and cultural disaster but none more so than Greece.

Considered to be the birthplace of democracy with an advanced civilization dating back three milenia, Greece has been reduced to an impoverished puppet state governed by the unelected Troika. This ruling junta consists of bureaucrats from the European Commission, the European Central Bank (ECB) and the evermore corrupt International Monetary Fund (IMF).

It must be noted that the European Commission and the ECB are totally dominated by Angela Merkel while the CEO of the IMF is Christine Legarde, a Europhile who is currently on trial for corruption involving hundreds of millions of Euros but remains in this influential position.

Also under the jackboot of the Troika are Portugal, Ireland, Spain and Cyprus who, like Greece, are bankrupt and mired in unsustainable debt.

The entire Eurozone is on the brink of collapse with eight countries above the average level of national debt which stands at 91.6%.

Greece is at 171%, Italy 134.6%, Portugal 130.5%, Cyprus 109.6%, Belgium 108.7%, Ireland 99.4%, Spain 99.3%, and mighty France at 97%.

The far-left President of France, Francois Hollande, has declared a 'state of economic emergency' which is a spin doctors version of bankrupt without actually uttering the dreaded 'b' word.

The Eurozone has run out of other peoples money and by any measure it has failed miserably. Despite denials and deceit, the Euro was created as part of the project to replace the independent nation states with a single superstate with a single currency, it's own flag, national anthem, courts, military and all the other trappings of a nation state.

The Euro has been an unmitigated disaster for the majority of countries who were conned into joining. It is responsible for the bankruptcy, poverty, misery, social breakdown and violent civil unrest currently blighting the continent.


To make matters infinitely worse, the deliberately engineered 'refugee crisis' has added to the misery of the Greek people and put their very existence as a distinct and viable culture into question. Although Greece is on the frontline of this economic migrant tsunami, under free movement rules all of Europe is in the process of being deluged.

At time of writing Greece is negotiating yet another bailout to cover debt interest and repayment which as any first year economic student knows will add to the problem as opposed to solving it.

Led by Angela Merkel, the Troika are refusing to cut Greece any slack and insisting that more and deeper austerity measures are imposed on the Greek people. They are not insisting that Greece stops spending money on armaments because they are being supplied mainly by Germany, Great Britain and France and they want to protect their own domestic armament industries.

Greece is on fire, violent demonstrations are a daily occurrence because democracy has been suspended and as a consequence the people have no input into how they are governed, they have no recourse to any peaceful process to vent their anger.

Angela Merkel and the unelected bureaucrats that make up the EU ruling Politburo are totally dedicated to their project to create a United States of Europe, this is non-negotiable and absolute. The suffering of the Greek people and their extinction as a culture is of no consequence.

The only possible way out for Greece and it's people has already has mooted. This is known as DDD, it will necessitate short term pain for long term gain. Depart, Default and Devalue.This would require Greece to depart the Euro and return to the Drachma, default on its debt and devalue to increase it's competitiveness in world markets.

If Greece adopted DDD it would result in other impoverished and disenfranchised countries following suit heralding a collapse of the hated Euro and putting the entire superstate project in jeopardy. This is not acceptable to Merkel and the ruling Politburo who will do everything possible to prevent it happening.

Keeping their dream of a United States of Europe alive is the reason for the nefarious and malevolent behavior of Merkel and the Politburo's abysmal treatment and contempt for the Greek people.

As unsustainable debt and economic stagnation continues to bankrupt the the entire EU and condemn millions of people to poverty and misery, the mass immigration of third world economic migrants and welfare colonists is proving to be the catalyst that will start the pan European revolution.

All the evidence shows that the what is happening in Greece today will spread to the rest of Europe tomorrow if the EU fanatics are not toppled and their United States of Europe project forcibly abandoned.

Troika want more Greek austerity here

Germany's march to control the EU here

Greek protests here




Wednesday, March 5, 2014

Ukraine Crisis - Politicians Form A Queue To Dump Taxpayers Money

Conflicts around the world be they minor skirmishes of a local nature or larger in scale with loss of life or displacement of civilians, usually follow a familiar pattern. The current conflict in the Ukraine is no different and it is a classic example for students of current affairs and political behavior to study for their thesis or dissertations.

First there's the televised faux outrage by Heads of State or their mouthpieces, followed by some sabre rattling and threats of economic sanctions.

This period is usually followed by some ineffectual posturing at the United Nations and in the unlikely event that all parties can agree, maybe a resolution is issued condemning the bogyman of the day.

(This is dependent upon the UN bureaucrats taking time out from their full time occupation of passing resolutions condemning the USA or Israel)

Then as sure as night follows day comes the call for taxpayers money. Not just a little bit for emergency aid such as tents, blankets, bottled water or medical supplies, but shed loads of it, supposedly to help with reconstruction.

In the case of the Ukraine reconstruction of what is not immediately clear as the Ukrainian infrastructure is as modern as in most other countries in Europe, including and Russia, and the country has an acknowledged modern industrial base.

At the head of the queue with a taxpayer funded give away was the British Chancellor of the Exchequer, George Osborne who, without consulting the people, generously offered Ukraine a blank cheque.

That was indeed very generous of him considering that infrastructure in Great Britain is badly in need of attention itself. As a result of a deliberate and unprecedented increase in the population, there is now a desperate shortage of houses, hospitals and schools.

Infrastructure such as sewers, water, electricity and gas supply lines, are in need of replacing along with roads, railways and airports that are in need of upgrading and expansion.

If the official statistics are to be believed, poverty in Great Britain has reached Dickensian levels of desperation with the use of food banks and homelessness at an all time high. Increasing numbers of people are finding themselves in fuel poverty with an extra thirty thousand deaths expected this winter due to hypothermia.

These 'excess deaths' as they are officially known are obviously considered a price worth paying in order to 'combat climate change' and the whole scam is a wonderful opportunity for politicians to posture on the world stage demonstrating their 'green' credentials. But I digress.

Next up was American Secretary of State, John  Kerry, offering an extra billion dollars of taxpayers hard earned money without consulting the peoples Congress first.

During the last two Presidential campaigns, in addition to a trillion dollar stimulus package, the call for increased infrastructure spending was relentless. Roads and bridges are falling apart and a totally new distribution system is needed to replace the conventional energy delivery with that of green energy.

John Kerry has been traversing the planet preaching that 'climate change' is the biggest threat to world peace in the history of civilization.  Therefore, with that in mind, the American taxpayers will be the main contributor to a one hundred billion dollar fund to help developing countries pay for the damage due to 'climate change' which, apparently, was selfishly caused by the west, and also to help them 'combat climate change' in the future. (Just to clarify, the one hundred billion dollars is an annual sum not just a one off payment)

American taxpayers also generously finance a fifty two billion dollar foreign aid budget which includes six hundred and fifteen million per year to oil rich Nigeria, six hundred and eighty eight million annually to Mexico and an eye watering four billion per year to the notoriously corrupt Mohammed Karsai government in Afghanistan.

Judging by the rate at which politicians spend taxpayers money in America, the country has got to be rolling in the stuff, they must be lighting their cigars with hundred dollar bills in Washington DC.

Hot on the heels of John Kerry was the European Union bureaucrats, led by the unelected political crony, Baroness Ashton of Upholland, with promises to Ukraine of a windfall of taxpayers money from her endless supply of it in Brussels.

Baroness Ashton labours under the grandiose title of High Representative of the Union for Foreign Affairs and Security and Vice President of the European Commission - this entitles her to a massive taxpayer funded remuneration package plus expenses and a gold plated pension on retirement. In addition, she is a member of the House of Lords for life which entitles her to another package of taxpayer funded allowances and expenses. (Three hundred quid per day just for turning up. That's around four hundred and eighty US Dollars)

Like their American cousins, there is apparently no shortage of British taxpayers money for these politicians and bureaucrats to spray around everywhere except to alleviate hardship in their home countries. These people have no respect for taxpayers money therefore they have no respect for the taxpayers themselves.

Also in the queue to dump money into the Ukraine are the IMF and the World Bank.

Having established that politicians and global institutions alike are lining up to hose money into the Ukraine, it's worth noting that like Great Britain, Greece and the rest of the European Union, the United States of America is broke, it has no money and it is fast running out of credit.

In order to look generous, and get the credit from the international aid industry, the politicians and bureaucrats are willfully ignoring the fact that the money being sprayed around belongs to the taxpayer - it is the fruit of their labour that has been confiscated under threat of imprisonment.

These self serving egotists are spending wages that are yet to be earned by people yet to be born. They are unconscionable, unscrupulous and utterly without principle.

The countries with the biggest national debts in the world include the USA, Great Britain, France and Germany.  These same countries have also been running the biggest budget deficits. Taxpayers from these countries are the biggest contributors to the international institutions that want to dump money into the Ukraine.

To put this into some kind of perspective - British government spending is running at a deficit of over one hundred and ten billion pounds per year and they have accumulated a national debt in excess of one trillion pounds. British taxpayers are already helping to finance the UN, the IMF and the World Bank.

They are also contributing close to forty billion pounds per year to the EU and will be handing out some fourteen billion per year on overseas aid to prosperous nations and dictators. Great Britain has a crumbling infrastructure, a shortage of houses, schools and hospitals; increasing numbers of people cannot pay their heating bills and rely on food banks to survive. The question that begs to be asked is:

Where is Chancellor Osborne getting the money from to give the Ukrainians a blank cheque?

With a seventeen trillion dollar debt and out of control government spending, the situation that American taxpayers find themselves in is no different, therefore the question equally applies to John Kerry:

Where is the extra one billion dollars coming from?

It should be borne in mind that Saudi Arabia, Qatar, Kuwait UAE, Brazil, Norway, South Korean and Switzerland have little or no national debt and run small deficits or surpluses - one would think that these countries would be head of the queue to aid the Ukraine.

It's noticeable that the King of Saudi Arabia and the Emirs of the wealthy Arab states are missing from the airwaves joining the leaders of the other aforementioned affluent countries in anonymity and leaving the taxpayers of the bankrupt countries to help the Ukrainian people.

In conclusion it is worth pointing out that apart from an infrastructure compatible with any other industrialised country, the Ukraine is rich in natural resources such as iron ore, manganese, nickel and uranium with more than half the country consisting of arable agricultural land. The government of the Ukraine also has a reputation for reneging on its loans and debt repayments.

By any measure Ukraine is not a good risk for taxpayers money but that won't stop the politicians when there is an opportunity to preen themselves on the world stage polishing their egos and their compassionate credentials.



Finally a little light relief from Abba:


I work all night,  I work all day to pay the bills I have to pay

Ain't it sad

And still there never seems to be a single penny left for me

That's too bad

Money Money Money, must be funny, in the rich mans world

Money Money Money, always sunny, in the rich mans world

Aha Ahaa

All the things that I could do

If I had a little money, in the rich mans world.

Listen to it here and you'll be singing it to yourself all day.



Tuesday, March 26, 2013

Politicians Legalise Theft In Cyprus - Progressive Agenda Rolls On

Many people expressed their scepticism when I put forward the view last week, that the impending bank heist in Cyprus was a planned power and wealth grab by EU and global 'progressive' politicians. In light of recent events I suggest they look at the evidence, with their blinkers removed, and rethink their scepticism.

As any member of the hard left will confirm, this is how 'progressives' operate. The current bank heist on the island of Cyprus was a classic power grab operation from the start. The same tactics have been used in other countries and its really not that difficult to understand.

In this case the object of the operation was not rescuing the Cypriot banks or their sabotaged economy nor was it anything to do with the helping the Cypriot people in their hour of need.

The real object of this 'rescue' was breaking the taboo that private property is sacrosanct and with the added bonus of removing the right of the people to choose their own destiny via the ballot box.

The way the EU authoritarians, led by Germany's Angela Merkel, went about this operation deserves credit. It was brilliant in it's conception and carried out to perfection, with all their objectives achieved.

The people of Cyprus now join Ireland, Greece and Italy as a country where democracy has been suspended and where the government is run directly by the European Union. As with Ireland, Italy and Greece their national parliaments are powerless therefore the people are disenfranchised.

They will suffer years, possibly decades, of EU enforced poverty and despair, with no recourse to a democratically elected government for any alternative policy.

Ironically, the German people will get a vote on the bank theft and the forced austerity plan but the Cypriot people will not. The rest of the EU need to take note that this how a power grabs work and these are the consequences.

In exchange for some EU bribe money, the government of Cyprus has confiscated private wealth from the people, together with that of foreign investors, and effectively handed it over to the EU.

Before the bank heist was carried out the people were softened up with a bit of PR demonising spin. The line was pushed that there's plenty of money in the banks but it belongs to bad people, such as Russian oligarchs, the Russian mob and the 'rich', so it really wouldn't be so bad to seize it on behalf of the people. Who could possibly object?

The politicians responsible for this spin offered no proof of who held money in these banks but what is certain is that not all the depositors were oligarchs, mobsters or the 'rich' people. The bank seizure applied to pension funds and honest people's money too, these people had deposited legitimately earned money and life savings into the banks in good faith.

The Cypriot people should take comfort from the fact that the government sympathises with their plight. Their Dear Leader, President Nicos Anastasiades, is quoted as saying that he "understands your anger" and he called for "all Cypriots to work together".

This is a variation on the tired old slogan which is trotted out by politicians the world over whenever they are about to shaft the people, "we're all in it together".

As is normal in these situations, the guilty people who organised this crime, namely the political class and their cronies, the banksters and the well connected party donors, will get away unpunished with their ill gotten gains intact. There will be no justice for the people of Cyprus.

Now that the idea of  'private property is the government's property' has been entered into the public psyche, what can we expect from the political class in the future as they move their 'progressive' agenda of global equality and fairness forward?

It would be a mistake to think that this is a single instance or that it is confined to the Eurozone. Dutch Finance Minister, Jerven Dijisselobloem, in his moment of triumph, let it slip that this "represented the new template for dealing with a bank crisis". Ooops!

He was quickly reprimanded by his bosses Angela Merkel and Christine Legarde of the IMF and was forced to back peddle somewhat by claiming that it was a single instance. Too late Jerven, the cat is out of the bag!

Christine Legarde, who as Finance Minister was herself the architect of the French economic disaster, claimed that this bank theft was "a comprehensive and creditable plan".

Coming from the head of the IMF gives this bank theft international legitimacy so it will be considered as a green light for any government to seize private property. It should not stretch the imagination of anyone to see that unscrupulous 'progressive' governments the world over will be seizing private assets, safe in the knowledge that there will be no protest from the international institutions.

Spain, Portugal and the other indebted EU countries are next, followed by indebted countries around the world. This is an opportunity that the 'progressives' will not be able to pass up.

Our American cousins should take note that according to sources inside the government, their Progressive in Chief, Barack Obama, is planning a heist of his own.

As the saying goes 'even Stevie Wonder can see this one coming'. By refusing to deal with government deficit spending he is deliberately driving up an unsustainable debt. When the next downgrade comes he will raid their personal savings accounts in addition to their 401K pension funds in response.

He intends to do this by taking the cash and replacing it with a worthless government IOU. The American people who did the right thing will be stripped of their wealth and will be rendered as poor as their compatriots who didn't bother to save for the future. Equality and fairness for the masses in one stroke. Job done, mission accomplished.

The people of Europe should extend a hand to our American cousins and welcome them to the world of socialism. 'Come on in the waters lovely'.

If proof were needed that this is the start of a global heist, it will be noted that no government leader has expressed any outrage at this blatant theft, therefore we must assume it meets with their approval.

It is devastating for those British people who believe in liberty, free enterprise and prosperity that the leader of the Conservative party, the traditional guardian of these sacred values, has given his approval to this theft. There is no hope for the freedom loving people of Great Britain while the 'progressive' usurper David Cameron remains in control.

The great man himself has summed up this awful political low life that is destroying the British nation:

"That David Cameron is welcoming these plans shows how far the British political class is from any ideals of democracy, accountability and liberty. Instead the future to him is a technocratic, post democratic world, run in the most part by unelected, fanatical and deluded power-mongers in Brussels and Frankfurt". - Nigel Farage


Friday, October 26, 2012

Ed Balls Exposed As A Liar - So What As He Would Say

As any follower of British politics will be aware Labour member, Shadow Chancellor and ignorant political thug Ed Balls is in the top three of the most obnoxious Members of Parliament ever.

He is also one of the most incompetent. Together with the madman Gordon Brown he trashed the entire British economy resulting a massive structural deficit and raising the nations debt to unprecedented levels.

In his arrogance he is quick to deny any responsibility, blaming everyone from the wicked bankers to the Americans.

It wasn't the bankers or the Americans it was Brown and Balls' deliberate economic policy that destroyed the private sector final salary pension schemes, it wasn't the bankers or the Americans that sold half of Great Britain's gold reserves at the bottom of the market at a cost of some 16 billion,  nor did the Americans increase welfare dependency by expanding entitlements.

It was Brown and Balls who borrowed record sums of money at the top of the economic cycle to expand the unreformed public sector instead of preparing for the economic downturn and credit crisis that everyone knew was coming.

Since his party was booted out of office Ed Balls has been sticking to the line that Brown and himself are as pure as the driven snow and they didn't do anything wrong while they were in charge of the economy, the deficit came about because of the recession blah blah blah!

It's all spin, deceit, lies and more spin. He doesn't know any different, he only knows how to spin, lie and deceive,  it's in his DNA.

Therefore it was a joy to watch a stuttering, sweaty Ed Balls squirming in his seat as Andrew Neil exposed him as a liar on his Sunday talk show.

Balls claimed on the Andrew Marr show in January 2011 that there was no structural deficit prior to the recession. When confronted by the IMF figures from 07 (pre recession) that there was indeed an 73 billion deficit, he tried to claim he didn't deny the deficit to Marr despite there being a recording of him denying it.

To our double joy we got a repeat performance when he tried the same line with Adam Boulton on Sky later in the day and he got skewered again.

Ed Balls is obviously too stupid to learn from his previous mistake or he just doesn't know how to come clean and tell the truth.

I don't know anyone in the world that doesn't get some kind of pleasure out of watching bullies and thugs like Balls get their just desserts. I certainly enjoyed watching the lying bastard get found out.

Well done Andrew Neil and Adam Boulton.