Thursday, May 20, 2010
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The basketcase banks Germany is trying to protect. Ten German financial institutions are so corrupt, broke and toxic that the Bundesbank and German Federal Financial Supervisory Authority (BaFin) is trying to insulate them from world trading scrutiny.
These are BaFin's basketcases: Allianz (ALVG.DE), Commerzbank (CBKG.DE), Deutsche Bank (DBKGn.DE), Muenchener Rueck (MUVGn.DE), Deutsche Boerse (DB1Gn.DE), Deutsche Postbank (DPBGn.DE), Hannover Rueck (HNRGn.DE), Aareal Bank (ARLG.DE), Generali Deutschland (GE1G.DE) and MLP (MLPG.DE). Germany's unilateral kneejerk ban on naked short selling of stock derivatives tied to these stressed German institutions took effect on Wednesday 19th May 2010. Background context here (19.05.10). It follows the country's quietly concealed forgery crisis in April 2010. Forged bonds and gold certificates, distributed internationally by corrupt elements within the World Court, hit German financial institutions particularly badly. Auditors were crawling all over the Bundesbank for weeks afterwards, unearthing skeletons. The House of Windsor Crown Temple syndicate, operating covertly from within the City of London Corporation, was reported as being centrally involved in the scam. More details here (14.04.10) and here (14.04.10)
EuroZone debt bomb: The Greek people are victims of a carefully engineered financial extortion racket.
The EuroZone crisis is not the crisis of the Greek people; it is the closing crisis of world capitalism. The bailout plan dictated by the European Union and the International Monetary Fund rides roughshod over the most elementary rules of democracy. If the plan is implemented, it will result in a degrading of the Greek economy and of Greek citizens' incomes which is without precedent in Europe since the 1930s. We are witnessing the cynical collusion of markets, central banks and governments. The plot is to coerce the Greek people into paying the bill for the arbitrary caprice of the hidden élite's collapsing financial casino.
Jubilee approaches. New global financial system ready to run. Ninety per cent of US dollars held by non-Americans will be backed by gold and renamed.
Constitutionally legitimate American Republic to be restored. New greenbacks printed and ready. Constitutionally illegal Washington DC private corporation, US Federal Reserve Board and US Internal Revenue Service to be abolished.
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