Search results for bail in

The Bail-in: Financial Collapse To Steal Your Money

The GFC of 2008, triggered by the illegal leveraging of the US housing market, saw the reserves of countries drained around the globe.

The next round, just getting underway, will drain the reserves of medium depositors through bail-in provisions that have recently been activated in most countries. I say medium because the big guys are always forewarned and take protective action, whilst the smallest depositors, at least in some jurisdictions, are protected by threshold protections put in place of, say, $100,000.

This model was given its test run in Cyprus in March/April 2013.

The global bail-in model was given the go ahead at the G20 meeting in Brisbane in November 2014 and endorsed by the Financial Stability Board (FSB), one of those secretive global banking organisations that you probably haven’t heard of and which coordinates policy for the central banks of the world, in its review document of April 2013 (the timing of this report illustrates that the Cyprian bail-in was very clearly a test run). It was implemented in Europe and the US effective January 1 this year (just in time for the unwinding that began from the first day of stockmarket trading in 2016). Australia appears to have not yet got its legislation over the line, in part because of proactive pushback by the public. This example from Italy, however, suggests that in some jurisdictions it has been in place for a while and may have no small depositor protection.

This recent video from David Icke puts the bail-in practice into its broader context, joining the dots in the actions of the global elite to fleece the public of their assets. As David explains, none of this, including the global financial crises themselves are by accident and are carefully planned over a long period of time.

A Crisis Worse Than ISIS? Bail-Ins Begin

While the mainstream media focus on ISIS extremists, a threat that has gone virtually unreported is that your life savings could be wiped out in a massive derivatives collapse. Bank bail-ins have begun in Europe, and the infrastructure is in place in the US.  Poverty also kills.

At the end of November, an Italian pensioner hanged himself after his entire €100,000 savings were confiscated in a bank “rescue” scheme. He left a suicide note blaming the bank, where he had been a customer for 50 years and had invested in bank-issued bonds. But he might better have blamed the EU and the G20’s Financial Stability Board, which have imposed an “Orderly Resolution” regime that keeps insolvent banks afloat by confiscating the savings of investors and depositors. Some 130,000 shareholders and junior bond holders suffered losses in the “rescue.”

The pensioner’s bank was one of four small regional banks that had been put under special administration over the past two years. The €3.6 billion ($3.83 billion) rescue plan launched by the Italian government uses a newly-formed National Resolution Fund, which is fed by the country’s healthy banks. But before the fund can be tapped, losses must be imposed on investors; and in January, EU rules will require that they also be imposed on depositors. According to a December 10th article on BBC.com:

The rescue was a “bail-in” – meaning bondholders suffered losses – unlike the hugely unpopular bank bailouts during the 2008 financial crisis, which cost ordinary EU taxpayers tens of billions of euros.

Correspondents say [Italian Prime Minister] Renzi acted quickly because in January, the EU is tightening the rules on bank rescues – they will force losses on depositors holding more than €100,000, as well as bank shareholders and bondholders.

. . . [L]etting the four banks fail under those new EU rules next year would have meant “sacrificing the money of one million savers and the jobs of nearly 6,000 people”.

That is what is predicted for 2016: massive sacrifice of savings and jobs to prop up a “systemically risky” global banking scheme.

Bail-in Under Dodd-Frank

That is all happening in the EU. Is there reason for concern in the US?

According to former hedge fund manager Shah Gilani, writing for Money Morning, there is. In a November 30th article titled “Why I’m Closing My Bank Accounts While I Still Can,” he writes:

[It is] entirely possible in the next banking crisis that depositors in giant too-big-to-fail failing banks could have their money confiscated and turned into equity shares. . . .

If your too-big-to-fail (TBTF) bank is failing because they can’t pay off derivative bets they made, and the government refuses to bail them out, under a mandate titled “Adequacy of Loss-Absorbing Capacity of Global Systemically Important Banks in Resolution,” approved on Nov. 16, 2014, by the G20’s Financial Stability Board, they can take your deposited money and turn it into shares of equity capital to try and keep your TBTF bank from failing.

Once your money is deposited in the bank, it legally becomes the property of the bank. Gilani explains:

Your deposited cash is an unsecured debt obligation of your bank. It owes you that money back.

If you bank with one of the country’s biggest banks, who collectively have trillions of dollars of derivatives they hold “off balance sheet” (meaning those debts aren’t recorded on banks’ GAAP balance sheets), those debt bets have a superior legal standing to your deposits and get paid back before you get any of your cash.

. . . Big banks got that language inserted into the 2010 Dodd-Frank law meant to rein in dangerous bank behavior.

The banks inserted the language and the legislators signed it, without necessarily understanding it or even reading it. At over 2,300 pages and still growing, the Dodd Frank Act is currently the longest and most complicated bill ever passed by the US legislature.

The rest of the article is here.

Secret of Iceland economic miracle: Jail bankers, let banks go bust & no bail-out

I encourage you to watch this video, to understand how the Icelanders rapidly recovered from the 2008 crisis. Except there’s one core element not discussed. Iceland does not have a private, Rothschild-controlled central bank (and I have confirmed this with an Icelandic friend). They don’t have a leech attached to their economic heart, bleeding them dry, as most other countries of the world do, including the so-called economic powerhouses of the world – United States, Russia and China. No Rothschild central bank, no debt. Get the picture? It’s pretty simple, really, but its mired in obfuscation.

What surprises me is the key politicians responsible are still alive (look at the history behind the actions of the Polish government all killed in a plane crash in Russia a few years ago for a recent example), and that the mainstream press actually mentions it.

And here is a 40 second summary of what and how it was put in place in the United States.

The Ebola Epidemic Silver-Lining: IMF Bailouts For Everyone

Here is an interesting take on the Ebola Epidemic. It’s always good advice to follow the money…

Treasury still working on Australian ‘bail-in’ law

Thank you, John. For me, the connection to the confiscation of depositor’s funds in Cyprus is the key. In line with David Icke’s “Totalitarian Tiptoe” model, we see legislation being put in place under which depositor’s funds can be confiscated around the world.

I remember a phrase from my old world business days – “Think Global, Act Local”. Our dark friends are masters at this. Another example of this is the changing of planning laws across the planet to allow the construction of the tiny apartments now being built in New York. 10’ x 30’ apartments. It’s the format for the dense, urbanised housing that is planned for those who manage to survive in the “new world”. Of course, such changes are enacted at the state and local council level, and most don’t see how this is being rolled out globally.

Richard

 

Small beans, but indicative of the machinations of the money people.  “For profit” when going well, socialised when not.  What a great set up! 

JR

Citizens Electoral Council of Australia

Media Release  Thursday, 20 March 2014

Craig Isherwood‚ National Secretary
PO Box 376‚ COBURG‚ VIC 3058
Phone: 1800 636 432
Email: cec@cecaust.com.au
Website: http://www.cecaust.com.au/

Treasury still working on Australian ‘bail-in’ law—demand to know what’s in it

Senior Treasury figures have confirmed to the Citizens Electoral Council that the “bail-in” legislation about which the CEC warned in its full-page advertisement in The Australian on 3 December, is still under preparation.

In response to the public’s concern, the officials claimed that “bail-in” does not apply to bank deposits, only to a new type of bank bond.

However, given the way bail-in has been applied around the world, and the Australian government’s own track record with bank deposits, the Australian people must demand to know exactly what will be in the legislation.

First, take the government’s approach to bank deposits. Abbott and Hockey are keeping the legislation that Rudd rammed through last year, to seize deposits in bank accounts that have been “inactive” for three years. A government source has revealed that Abbott and Hockey are keeping this measure, because the government is now dependent on this “revenue”.

Second, be aware of how bail-in has been implemented in other countries, under the supervision of the same IMF-Financial Stability Board-G20 nexus supervising it in Australia:

  • In March 2013 the IMF, European Commission and European Central Bank bailed in depositors in the major banks of Cyprus, when the impending failure of those banks threatened to ignite another wave of bank failures across Europe. Even though this seizure of deposits was for amounts above the guaranteed threshold of 100,000 euros, it so destroyed confidence in the banking system that all accounts were frozen to avoid bank runs, and Cyprus was plunged into financial chaos and economic collapse.
  • That same month the president of the Eurozone finance ministers, Jeroen Dijsselbloem, declared the Cyprus bail-in was now the “template” for the entire Eurozone.
  • On 13 October 2013 the IMF’s Fiscal Monitor report proposed a one-off, across-the-board seizure of 10% of the private wealth of the citizens of Europe, from their bank accounts, to reduce public debt.
  • The Reserve Bank of New Zealand has implemented its own bail-in policy called Open Bank Resolution, in which depositors have no protection, but like all “unsecured creditors” will see a portion of their accounts seized to keep the bank going. The RBNZ brags that its OBR policy is aligned with the Financial Stability Board’s Key Attributes of Effective Resolution   Regimes, which includes bail-in.

Under the pressure they are getting from the public, the Australian government is trying to claim that its planned bail-in law doesn’t involve seizing deposits, but the public should not accept that reassurance until it is shown in writing in the legislation.

The CEC is leading the fight to force the government to come clean on this issue, and abandon any plans it has for depositor bail-ins. Join the fight!

Click here to sign the CEC’s statement against bail-in and, instead, for a Glass-Steagall separation of risky investment banking from retail banking, so that deposits in retail banks are kept safe.

Click here for a free copy of the CEC’s new pamphlet, Glass-Steagall NOW!, which shows how stopping the global financial meltdown begins with Glass-Steagall.

Click here to join the CEC as a member.

Click here to refer others to receive regular email updates from the Citizens Electoral Council of Australia.


 

The War On Paper Currency Begins: ECB Votes To “Scrap” 500 Euro Bill

Update: in case there was any doubt about the ECB’s true intentions, we just got the official “denial”:

  • DRAGHI: ANY ECB ACTION ON EU500 NOTE IS NOT ABOUT REDUCING CASH

Translation: the ECB action is only about reducing physical cash, some 30% of it to be specific.

* * *

The first shot in the global war on cash was just fired, by none other than the ECB, which moments ago Handelsblatt reported…

ECB wants to stop issuing 500 Euro bills – our exclusive https://t.co/LLe2qyhBjK

— Daniel Schäfer (@schaeferdaniel) February 15, 2016

… and Bloomberg confirmed – ECB COUNCIL VOTES TO SCRAP EU500 NOTE: HANDELSBLATT – has voted to scrap the second highest denominated European bank note in circulation.

… after the CHF 1000 note.

So what, big deal, eliminate it. The people will still have 5, 10, 20, 50, 100 and 200 euro bills right.

As we wrote just one week ago, the answer is not that simple at all. Recall that the €500 note is the second highest currency denomination in G10, after the CHF1,000 note. More importantly, the total value of €500 notes in circulation amounts to €306.8bn and has been rising…

End of quote.

Again, let’s recognise how so many moves are interlinked.

As the world moves towards a regime of negative interest rates, TPTB do not want people able to take their money out of the banking system as cash, thus saving themselves the cost of keeping it inside the system, which is what negative interest rates mean. It’s a good justification in (their) practical terms to eliminate cash and make all money electronic. This makes control much tighter and means they can easily take someone off the system by confiscating your money and shutting down your access to the system. Mind you, the current system doesn’t stop them, as Dr Rima Laibow experienced a year or so ago and Mark Phillips experienced back in the 80’s. But at least currently you can find ways around it.

Not when it’s all electronic.

It also means you can’t slip around their quietly enacted bail in legislation (activated In Europe and the US on January 1 this year) that has depositors becoming a low rated, unsecured creditor to the bank, which means when their high stakes gambling called derivative exposure goes bust, its depositors will fund their survival.

Paying electronically, whether with a credit or debit card, or Apple Pay or similar, is very convenient, and most don’t think about the risks in this system, as outlined above. It is all very easy when the prison bars are attractive to the inmates, and it’s all fine until they close the door and lock it, then throw away the key. Actually, most still won’t notice.

The modern smartphone has us buy our own personal tracking device that we would never accept if we were told we have to carry it with us at all times. You can be tracked to within a few feet.

I could give you many other examples.

The Big Short is a timely warning for 2016

The recently released movie “The Big Short” came highly recommended from several sources, so I was keen to view it – and it did not disappoint. It tells the story of a few people who recognised that the 2007 housing bubble in the US had been massively exacerbated by packaging housing mortgages together as a tradeable instrument (Mortgage Backed Securities or Mortgage Bonds) and on sold. And as the game accelerated, the worst of the mortgages, including many that didn’t actually exist, were packaged up as Collateralised Debt Obligation (CDO). Rated as AAA by the credit agencies, they were very often not, and when interest rate clauses on the loans kicked in in 2007, it was only a matter of time. But this then got amplified through the creation of Synthetic CDOs, effectively a bet on a bet, or a derivative instrument. The film claims the Synthetic CDO market was 40 times the underlying CDO market. The 2008 global GFC owes its genesis to this scam. If this subject interests you, I highly recommend the movie for its insights. Jon Schwarz says:

What sets The Big Short apart and makes it truly great is that it portrays this worldwide, straight-faced fraud accurately; that is, as not just dangerous and enraging, but also extremely funny. It calls to mind Monty Python’s famous dead parrot sketch about a pet store salesman who defrauds his customer and then offers an endless stream of preposterous, contradictory obfuscations to conceal the obvious reality. The Big Short demonstrates that we’re now all living in that pet store.

End of quote.

It’s also interesting for what it doesn’t say, which is the abundant evidence that this bubble was orchestrated, generating yet another harvesting of assets from the public into the hands of the banks and their owners. It also does not discuss how the GFC was used to sweep all remaining government level reserves into the hands of the banksters via “too big to fail” bailouts.

The movie does mention that no banks or major bank principals were prosecuted, that one of those who shorted this market (Michael Burry) who tried to tell the US government about how he knew there was an issue was treated with FBI and IRS attention (the usual treatment of whistleblowers) and that similar instruments began to be sold in 2015 called a “bespoke tranche opportunity” – a CDO by any other name.

For me, the real value is in alerting us to what we are about to witness, in my opinion. The derivatives market in general is absolutely huge and the underlying market is falling apart. I have shared many underlying indicators with you of the state of the global economy. In many ways, it’s worse than 2008 and there are no governmental reserves left to steal. Many countries now have “bail in” legislation in place, which means the banks’ depositors become a low ranked, unprotected creditor, meaning they’ll be taking your savings this time.

It seems that falls in the Chinese stockmarket are driving falls elsewhere. However, the following chart shows you this is a loaded gun.

This tells us that the Chinese market would have to fall by about 70% to approach the valuations of the major global markets, which are themselves falsely elevated. If you are looking for a loaded gun, this is it.

It’s as if the global economy has been hollowed out underneath the stockmarket, leaving it as the only indicator that things are OK…

I have said before that I consider that when this comes apart, it will make 2008 look like a Sunday school picnic. I have seen nothing to change my view.

The Big Short tells its story well, and it shares some insights we can all learn from; and you may like to read the rest of Jon Schwarz’s article.

When you Deposit Funds in a Bank, it Becomes “Their Money”

Although there has been quite a bit said and written about this recently, I felt it important enough to revisit, as I don’t believe the reality of your status as a bank depositor has been fully understood by many people. I quote:

The world is awash with “promises”. Nearly everything we think of as having “value” is because of a promise behind it. A few examples; your bank accounts, retirement funds, bonds and even the dollar bills in your pocket. Your bank account for example, once you deposit the money it is no longer yours. You can argue this if you wish but we now know this is true for sure after recent “bail in” legislations passed throughout the west. When you deposit funds into a bank, it then becomes “their money” held for you …they “owe” it to you.

Do not take this lightly, lawmakers around the world have made this the new reality. A little known fact, in 1845 Britain passed banking law that made depositors (unsecured creditors), this is still precedent to this day. When you deposit money you “accept a liability” from your bank and are classified as an unsecured creditor. In other words, “get in line with everyone else”!

Same thing with many retirement accounts. Think about Social Security. When you get your annual statement form, it comes with an asterisk. This is to inform you they “might need to reduce benefits”. With any retirement account you are relying on the custodian to make payments to you upon retirement. Think about state and municipal retirement accounts promising the good life, they are nearly ALL underfunded. Meaning there is not enough money in there to make (promised) future payments unless some sort of magically higher returns are realized. These are underfunded by the TRILLIONS of dollars!

Bonds are an obvious asset class where a “promise” is relied on. Dollars on the other hand seem the most misunderstood by the public while being the biggest leap of faith in all asset classes. Dollars rely on the “full faith and credit” of the U.S. government (a bankrupt entity) yet the populace sleeps through the night secure knowing they own dollars. ALL non backed, fiat currencies in the past have failed. The dollar is the widest spread and widely owned fiat the world has ever known, its failure will be spectacular upon arrival!

I wanted to point out the above “promises” as a basis to speak about trust or confidence. The financial world turns on the axis of “trust”. This trust was nearly broken in 2008 and is the reason the Federal Reserve needed to secretly lend $16 trillion all over the world. If the Fed had not come up with these funds, failures would have spread and trust would have been broken amongst the banks/other financial institutions and even between the central banks themselves! The Fed’s largesse worked and trust was maintained.

End of quote.

I commend the rest of the article to you.

Kim Dotcom planning a crowdfunded, secure Internet replacement – Meganet

Kim Dotcom is a highly intelligent, practical Internet entrepreneur that the MPAA had the US Government target some 3 years ago, breaking many laws in doing so. Having successfully replaced Mega Upload with MEGA and got back into business whilst he is on bail in NZ, he is now planning a secure Internet that uses block chaining to scatter the components of a file all over the global network and then reassemble them, making it very unlikely the file can be accessed and decrypted in transit.

This fascinating interview is broken into Part 1 and Part 2.

The hidden controllers of our world leave their footprints

I have written extensively about a carefully hidden and protected group, primarily of Khazarian origin who present themselves as Jewish but have no Semitic origin, who control our world. These people are satanic and use horrific practices, including child abuse and child sacrifice, to control those in power, in all elements of power, and through them the rest of humanity.

This is carefully occulted from the general public. However, the evidence of it is everywhere if you look.

I recently watched an interview with Wayne Jett, the author of “The Fruits of Graft”, and Jett spoke about the writings and influence of H G Wells. Most of us know of him for his science fiction writings; however, Wells also wrote Anticipations of the Reaction of Mechanical and Scientific Progress Upon Human Life and Thought. Anticipations was, in essence, the blueprint of the elite’s plan for global domination. Jett explained that he had written the bulk of The Fruits of Graft before coming across Anticipations, and he subsequently added Chapter 17, which covers Wells’ book as well as material from the “transcript of the 1938 interrogation of C. G. Rakovsky, former ambassador to France from the Soviet Union, conducted by Joseph Stalin’s agent amidst purges which preceded Stalin’s assassination of Leon Trotsky”. Interestingly, I had previously read the first 16 chapters of Jett’s book, stopping short of… Chapter 17.

I quote: Sociopaths pursue their goals, not by declaring them openly, but through deceit. They use multi-layered deception (Keynesian economics, for example) to create “elaborate fallacies and misleading theories,” while concealing designs and motives…

…Wells and his sponsors realized that the “solutions” he described could not be admitted in public discourse, much less fully implemented, until the timing was right—when men of the new republic took full power. Why not use votes of “people of the abyss” to gain power before letting them in on the true social agenda? 

End of quote.

And a quote related to the Rakovsky testimony:

He asserted that New York financiers “are revolutionaries objectively and subjectively, quite consciously,” and “these people, the bankers, have the impulse towards full power … [s]uch power as Stalin has in the USSR but world-wide … absolute power.” He identified the Rothschilds as treasurers, or more likely chiefs, of the first Comintern, or cell of the Communist International in Europe. He said this Comintern relationship funded the Rothschild expansion as international bankers, and further identified Kuhn, Loeb & Co. as successor to the House of Rothschild. 

Notice Rakovsky’s references to “revolutionaries” and “impulse towards full power” are essentially identical with terms used by H. G. Wells during the Thirties in commenting on Franklin and Eleanor Roosevelt and the Brain Trust. Rakovsky said “not one of ‘Them’ is a person who occupies a political position or a position in the World Bank.” Such positions are given only to “intermediaries.” He told how young Leon Trotsky, leader of the 1905 revolt in Petrograd against Czar Nicholas II, leapt ahead of older revolutionaries by marrying into a family partnered with the bankers Warburg. “They” accomplished “organized defeats” of Russian forces in World War I sufficient to inspire overthrow of the Czar by parliamentary officials led by Alexander Kerensky. Kerensky conspired with “Them” to hand over power to Trotsky led Bolsheviks as the Communist vanguard. The “October revolution” was financed by “Them” through Kuhn, Loeb & Co. and other American and European banks, including a Swedish bank where Rakovsky “participated in the transmission of funds.”

Rakovsky explained the Versailles Treaty following World War I as “the most decisive pre- condition for the revolution.” Reparations payable by Germany to France far exceeded the value of all of France. Hyper-inflation followed by barriers to international trade produced hunger and unemployment and then financial aid from Allied nations—all orchestrated by “Them”—prepared Hitler-led Germany as the only nation situated to invade the Soviet Union so Stalin (the “bonapartist”) could be toppled in favor of Trotsky (“Their” agent). 

Rakovsky attributed to “Them” an objective to provoke war by Western democracies to topple Hitler in Germany because Hitler “removed … private and international capital [and] took over … the privilege of manufacturing money and put it to work for the benefit of the State.” (My emphasis) Although Germany had almost no gold reserves, Hitler produced jobs and prosperity for seven million workers by means of economies achieved through direct issuance of currency. Though Hitler’s objective was rearmament, similar strides were possible in commercial production using the same financial methods. “They” saw this as “hidden danger … very serious …” in its implications for their control of other nations. Pressed to name names, Rakovsky said he did not have direct knowledge of who was a part of “Them,” but had assurances from Trotsky, who must have known, that Walter Rathenau was one. He was confident that Lionel Rothschild was, also. Others he concluded from “work and personality” as under control of “Them” included the Wall Street bank Kuhn, Loeb & Co. and its families Schiff, Warburg, Loeb and Kuhn. Further, Rakovsky named “Baruch, Frankfurter, Altschul, Cohen, Benjamin, Strauss, Steinhardt, Blom, Rosenman, Lippmann, Lehman, Dreifus, Lamont, Rothschild, Lord, Mandel, Morgenthau, Ezekiel, Lasky…. Most of them in the United States.” He said he was uncertain whether any one person named was actually one of “Them,” but even so each one named could present a proposition to “Them” through indirect channels by expressing thoughts or hypothesis. No direct answer to such a proposition is ever received; only “facts” and events may be observed by waiting and watching.


Were it not for Franklin Roosevelt’s actions to deepen and prolong the Great Depression, one could argue that assertions made against the U.S. president by a condemned man under interrogation by the Soviet NKVD should not be repeated. But three points overcome this position. 

The first is that any claim Franklin Roosevelt might make to a presumption of good intentions is undercut by the content of this book. Second, Dr. Landowsky’s transcript of Rakovsky’s testimony was first published in Madrid years ago as Chapter XL called “Sinfonio en Rojo Mayor” of an 800-page book entitled La Lucha por el Poder Mundial by publisher Senor Don Mauricio Carlavilla. Senor Carlavilla validated authenticity of the material as prepared under his supervision by translation of copybooks found on Landowskys body by a Spanish volunteer at the Petrograd front of World War II. And, third, the American people have not been exposed to this information so as to evaluate it fully. Therefore, we proceed to what follows.


Rakovsky was told by his inquisitor that “proofs” of his truthfulness must be validated within days; otherwise, his time might run out before all aspects could be checked out. Under this Sword of Damocles, Rakovsky asked whether the new U.S. ambassador Joseph Davis were present in Moscow. He commented that his “exceptional situation gives me the right, as I see it, against the rules, to make use of an official intermediary.” The context of the comment signaled to the NKVD inquisitor that the U.S. ambassador was an intermediary of “Them” capable of providing “proofs” helpful to Rakovsky’s cause. When asked whether the U.S. government was “behind all this,” Rakovsky answered it was “under all this,” implying “They” controlled the American government.


Rakovsky then explained that October 24, 1929, the first day of the Great Crash, was the beginning of the “real revolution” and more important than the seizure of power by the Bolsheviki in Russia in October, 1917. In February, 1929, Trotsky left Russia, the financing of Hitler was agreed in July (recall that Baruch was then vacationing in Europe and Scotland), and the Great Crash occurred in October. He said Hoover’s term of office was used to prepare for seizing power in the U.S. by “financial revolution” and in the USSR (replacing Stalin with Trotsky) through war and defeat. He continued: “[E]xecution of the plan on such a scale requires a special man, who can direct the executive power in the United States, who has been predetermined to be the organizing and deciding force. That man was Franklin and Eleanor Roosevelt.”(Emphasis added.) He then referred to Eleanor as “this two-sexed being” included in the definition of “special man” because Franklin “had to avoid any Delilah.”


When asked specifically if Roosevelt was one of “Them,” Rakovsky answered: “I do not know if he is one of ‘Them,’ or is only subject to ‘Them,’ I think that he was conscious of his mission, but cannot assert whether he obeyed under duress of blackmail or he was one of those who rule; it is true that he carried out his mission, realized all the actions which had been assigned to him accurately.”


In other parts of his testimony, Rakovsky advised regarding the nature of threats to Stalin presented by “Them” in preparing Hitler’s Germany for invasion of the USSR, and he prescribed intricate countermeasures. Almost certainly, neither Stalin’s intellect and knowledge nor those of his advisors were on par with Rakovsky. Leon Trotsky was assassinated by Stalin’s agent in Mexico on August 20, 1940. Hitler’s forces invaded the 

USSR in June, 1941. Some report Rakovsky was executed at that time; others say he lived well into the 1950s under a changed name.


Thanks to Landowsky and Knupffer reporting Rakovsky’s testimony, the depth of the U.S. crisis in 2008-2010 can be better estimated. America’s affliction was not merely rampant financial criminals assisted by government to strip capital from middle class investors, though this reality itself was gigantic in its consequences. America’s exposure included near- term bankruptcy and fall of constitutional government. This risk was a predictable probability based on known facts, partly because it was an interim objective of the vast, aggressive power which exerted dominant influence in writing laws and molding thought. Rakovsky asserted the eventual demise of Communism and installation of “state capitalism” in Russia to be “Their” plan, as was the destruction of nationalism in Germany, Russia and the U.S. The ultimate objective, or “end of history,” in “Their” minds was absolute power in the U.S. and worldwide—far from the rise of republican democracy as Francis Fukuyama mused was the future after the fall of the Soviet Union. 

End of quote.

For me, none of this is knew but it is valuable to find these confirmations.

And in the face of the huge global propaganda that demonizes Hitler, note the above acknowledgement that Hitler took Germany from a basket case to the powerhouse of Europe in 4 years!!! He did this by eliminating the Khazarian Mafia’s central banking system in Germany (though he retained a Jewish head of the nationalised bank). No wonder they were out to destroy him and totally discredit him. There are also periods in US history where there was no central bank and similar explosive growth was experienced.

I encourage you to read The Fruits of Graft. However, I feel his Chapter 17 is so important to understand, I have placed it in a pdf that you can download from this link.

Where is the evidence of this today?

In truth, the evidence is everywhere, if you look. Almost everything we accept as being true has been fashioned by this elite, though most people cannot comprehend this could be true. Perhaps the clearest illustration is from 100 years ago when, in 1920, Henry Ford bought his own newspaper, the Dearborn Chronicle, to write about this control system and its impact on the United States. He knew no editor would publish what he wanted to write, because already the press was either owned or effectively controlled by this elite. The series of articles that Ford wrote from 1920-2 were subsequently published as “The International Jew”. It makes powerful reading. This is 100 years ago!!! And today??? Did you know Rupert Murdoch is Jewish? Most people don’t, nor that he has direct business interests with the Rothschilds.

However, I want to illustrate their modus operandi by some events occurring in my home country of Australia. As a precursor, I will mention the well-recognised practice of distraction and acting when people are distracted. The 1913 legislation to create the US Federal Reserve, introduced when most people, including most politicians were preparing for Christmas, is one of many examples.

Back to Australia. Most Australians have no idea that banking bail-in legislation has been introduced in Australia. It was introduced on Valentine’s Day (February 14) 2018, with no press publicity. This was then followed by legislation in the last session of parliament for 2018 demanding companies provide a backdoor to their software, ostensibly to protect us from “terrorism”, another elite created paradigm.

Then, last week, again with no publicity, legislation was introduced, on a Friday afternoon, to ban cash transactions in Australia for amounts over $10,000. 

So, we are distracted by the day to day bickering of politics whilst the key steps to advance the global agenda that Jett and Wells both wrote about in their own ways are moved forward in the shadows.

However, I remain optimistic, for many reasons, that we live in the time when this hidden satanic control will be removed from our world. The impact will be huge and most people will be in shock for some time.

Richard

Check out the extraordinary new, life-changing technology at www.magravsplasmaproducts.com

WP2Social Auto Publish Powered By : XYZScripts.com
Follow Me
Get every new post delivered to your inbox
Join lots of other followers
Powered By WPFruits.com