Category Archives: Bailouts & Banks
Banks took extraordinary risk in the early 21 Century and demanded tax payer funding to continue operations, some governments foolishly agreed and the taxpayers became angry. This act of pandering to greed and stupidity of the financial elites was one of the driving forces behind the occupy movement. though some people seemed to forget this.
Portugal’s largest bank has been bought by the government after toxic debts were discovered. Rather than stupidly bailing out the speculators and banking executives, the bank has been divided into two parts, the good part with all the assets, and the bad part with all the toxic debts for all the shareholders and speculators. This is effectively the same as finding the vandals on your wooden ship, making them a raft out of the wood they damaged, and them setting the vandals adrift on it, wishing them good luck knowing that it won’t help them.
Portugal has just invented the bailout we expected to happen in the USA following the GFC.
Fun Fact: Australia was once referred to as ‘Espirito Santo’.
Today we remember the official beginning of the what was called then the great war, the war to end all wars. France and the British Empire had just declared war on Germany and the Austro-Hungarian empire. At the time the British Empire was a truly world power with loyal colonies all around the world. Its not really possible to consider WW1 on its own but more as a pair of wars with WW2 being the sequel, that tried to not look like it was a sequel. The only real change to WW2 was the switch of sides of Italy who joined the axis forces and the trenches were moved to the English channel and cities in the Russian Steeps.
The real proof that the war was designed to have a sequel was the Treaty of Versailles, which forced Germany into crushing reparations. Germany simply had to have a war to get a new treaty that excluded the reparations.
Why did it happen:
Some people with no scruples and vast power decided that in order to further their aims they needed to:
- Collapse European monarchies, their only real competition.
- Kill off working class people in western Europe who might other wise become excess to requirement and therefore threat.
- Reduce the standard of living that had been improved by industrialization, to keep people poor and ignorant.
- Move and erase borders in Europe to allow their global finance cartels to expand further.
- Create division among people in Europe an the wider world, and divert their efforts into fear and the creation of weapons, so they did not focus on the real enemy, the globalists.
Dam obvious proof ? The war started with the assassination of the Arch Duke Ferdinand of the Austro-Hungarian Empire, Ancestral monarchs were an endangered species. This empire disintegrated after this war.
Several important but apparently subtle changes had just occurred.
Queen Victoria had died (1901) and the Edward VII died in 1910 leaving George V with just 4 years in the role before war diplomatic relations broke down and turned to war. George the V had to change the name of their royal house from Saxe Coburg Gothe to Windsor to sound less German and more English. Interestingly a similar ‘fast baton change’ occurred just before WW2 with George VI’s predecessor famously abdicating after less than one year, giving George VI just 3 years to prepare for war. Perhaps if either monarch had more experience war might have been averted (or was that the plan all along).
The British navy had just converted to being a petroleum powered fleet and thus was reliant on access to foreign oil rather than domestic coal. The first move upon entering the war war to send troop to Basra to secure British oil supplies form the state of Iraq which it later manufactured from the ashes of the Ottoman empire.
The United States had Converted their monetary system to the Federal reserve system largely controlled by European bankers.
Hiram Maxim had invented a workable troop carried heavy machine gun along with his own variant of smokeless powder, European powers copied his design and soon most major armies had heavy machine guns. The heavy machine gun completely altered the wars that would be fought, making charges with troops and cavalry against fortified positions hugely costly in casualties. The heavy machine gun was a weapon built to be defensive in nature, it was designed to mow down troops in crowds from a fixed position, itself being too heavy to be moved easily while in use. This made for a mutual siege and prevented any real advance without slaughter, leaving battles bogged down in trenches, where it might have remained had it not been for the Spanish flu (influenza) which swept the world in 1917 and hastened the end of a pointless waste of human potential. One wonders if we would still be in the trenches of western Europe now had the Spanish Flu now come along.
Developments during the war(s):
The British invention the tank, Churchill who was a military man during WW1 said he wanted a land based version of a battle ship to turn the tide of battle.
The tank became central to Germany’s successes in WW2.
Aeroplanes were in an auxiliary role in WW1 by by WW2 had become pivotal in many battles. In more modern times the aeroplane has now almost supplanted the navy as being real military power with the aircraft carrier now being the most important overt aspect of modern navies.
Germany had used chemical weapons during the trench warfare, but use of these weapons (chlorine gas and mustard gas) was frowned upon in subsequent wars though they sadly seem to be making a come back in more recent conflicts.
In WW2 Germany had produced the first jet fighters but had produced them too late to deploy them to great effect. Germans had also significant advanced the field of rocketry so the war closed, USA (operation paperclip) and USSR scrambled to capture German scientists and government officials to power develop their war machines, space programs and their hold over their own populations.
At the war closed The USA dropped the atomic bomb on Hiroshima and Nagasaki, which opened a new trench warfare against USSR with the trenches being the Atlantic and Arctic oceans. Both USA and USSR now had the secret of the atomic bomb and the rockets to deploy them and suspiciously eyed each other for 50 years occasionally weaving and feinting.
The true agenda of this war was to remove ancestral monarchs from Europe so there would be less people influential enough able to resist the globalist ambitions of the multinational banking families, who wished to expand their sphere of influence. The Russian Bolsheviks ousted The Russian emperors family (House Romanov ) from power 6 months before the war ended . The disintegration of empires was the hallmark of this war and it’s companion war (WW2) less than a generation later. By the end of these war both the Austro-Hungarian empire and the Ottoman empires were gone, reduced to small countries. While the Russian empire now became a Communist state was expanded particularly after WW2.
In fact by the beginning of WW2 it was no longer kings and emperors declaring war it was presidents, prime ministers and governments, though the British still went through the ceremony of asking for a royal rubber stamp for the process.
Following the industrialization of production in Europe there existed a growing bubble of excess labor and people who were becoming dangerously comfortable with the benefits of efficient production. People had free time and were beginning to educate them selves. This industrialization was perverted into a war machine with factories now turn to creating devices of destruction rather than creature comforts. This was the first industrial war with vast resources turned to supplying the war effort.
2 world wars
European empires destroyed: 3 ( Austro-Hungarian, Russian*, Ottoman.) *The Russian empire was destroyed but expanded as the USSR.
Empires on the decline: several (most notably the British; losing India in ’47 and Canada in the 60’s, Germany; losing its colonies during the first world war, and a third of its territory for half a century)
People killed: 6% of the worlds population, mostly working class soldiers and civilians caught int he crossfire. A disturbing trend of 20th century warfare has been the increasing numbers of civilians killed from one conflict to the next.
Winners? after WW2 USA was apparently a winner having stayed out long enough to pick a winner, or at least appearing to do so. Well the real winner was the federal reserve system shipping all this skimmed money back to the European globalist bankers. Russia was also a big winner having absorbed most of the former Austro-Hungarian empire and a good third of Germany, which it held until the USSR dissolved. The USSR (2.0) is coming back and beginning to re-absorb states that broke away in the 90’s. We are seeing this occurring with eastern Ukraine right now. As we know the House (of Rothschild) always wins.
So there you have it, an in a nut shell version of the WW1 you never considered.
Approximately 1 in ever 5 males in Australia volunteered to go to war in the 1914-1918 period, very few were to realize when volunteering, the appalling conditions in France and Turkey and the fact the war was just a geopolitical chess game run by European bankers to expand their own power.
The war is not meant to be won, it is meant to be continuous. Hierarchical society is only possible on the basis of poverty and ignorance. This new version is the past and no different past can ever have existed. In principle the war effort is always planned to keep society on the brink of starvation. The war is waged by the ruling group against its own subjects and its object is not the victory over either Eurasia or East Asia, but to keep the very structure of society intact.
George Orwell (Eric Blair)
English essayist, novelist, & satirist (1903 – 1950)
Your aren’t allowed to know about what you aren’t allowed to know about.
In a truly big brother move the Australian government is trying to keep the suppression of information order itself secret.
What is next is secret prisons and secret prisoners.
From wikileaks.org press release:
Submitted by Mike Krieger of Liberty Blitzkrieg blog:
This is a fascinating development and one that I had no idea was happening until today. It seems that rallies are spreading throughout Germany protesting the corrupt and dying global status quo. One of the key targets of these groups is the U.S. Federal Reserve system, which as I and many others have maintained, is the core cancer infecting the entire planet.
According to the organizer of these rallies, they have now spread to up to 100 cities and have a combined attendee base of around 20,000. What is also interesting, is that the mainstream media in Germany is calling them Nazis. In Germany, if you don’t support Central Banking, this apparently means you are a Nazi. What a joke. Just more proof mainstream media everywhere is complete and total propaganda. It is also a good sign, since it shows the desperate lengths to which the power structure will go to keep their criminal ponzi alive.
Do these folks seem like Nazis to you?
Recently the MSM went digging for quotes from original organizers who apparently wished to claim to be organizers but don’t want to identify themselves. These fools wanted to claim the Occupy Melbourne was an anti capitalist movement. When did I see it advertised as that? Never.
Just more bullshit from Marxists and their cronies trying to claim ownership but in a tangential way now that the name Occupy Melbourne is too hot to handle.
Occupy Melbourne was never Anti Capitalist
So to clear up the created confusion by a poorly researched initial two paragraphs we give you this:
So there you have it corporatism is a form of socialism, hence all the bank bailouts, another reason we went to occupy. So in reality occupy was an anti socialist protest that got infiltrated and sandbagged by socialists of various stripes.
There were of course some rather lame claims of this being a site for conspiracy theorists ( what a Nixon term ) so we leave you with the god father of 20th century conspiracy JFK. JFK decided it was time to start minting silver coins again through EO 11110 and then he was killed in broad daylight. Co-incidence? We’ll let you decide, we just wanted to make you aware of that.
We generally don’t promise or offer solutions, we just raise issues. Only you can decide and demand the world you want to live in.
They said it wasn’t happening here, it didn’t happen here. The truth was it was better covered up here.
And while Victoria Police corporation worked so hard to shut down Occupy Melbourne as a street protest the very reason we were protesting the dirty frauds committed by banks, Victoria Police corporation were investigating this fraud.
The bank heres received secret bail outs, and at least one bank has been involved in propping up a Ponzi scheme and snatching the victims houses.
Worst of all was CBA (Commonwealth bank of Australia’s) response to the scam, get on board and side with the scammer to steal the house.
the story by:
A good audio presentation here from Jean Twenge, interviewed by Lynne Malcolm.
Interestingly she cited Facebook and reality TV as major sources along with overly doting parents (you’re so special) and easy credit to live out the fantasy life.
She has been saying this for years, even at a conference in Melbourne over 3 years ago.
A study Jean Twenge conducted of 16,000 university students across the US showed 30 per cent were narcissistic in psychological tests, compared with 15 per cent in 1982. ”They are all 18 and 19-year-olds, so this is clearly a generational shift,”
Jean Twenge, professor of psychology at San Diego State University
Of course there are subtle aspects to this the overconfidence of narcissism makes successful stock traders overconfident. Over confidence is good in a rising market but disastrous in a falling market as trader will have fewer fall back positions and be poorly hedged. While traditional investment theory states market generally rise, traditional market theory was developed in an environment where oil supply was expanding one decade to the next. So now there is no great expansion in oil, our specially preened narcissists at the helm of the financial system are a liability rather than a benefit. The only way to expand the financial system is to encourage horde of young narcissists to create debt-money with credit card spending, its no surprise this epidemic has been encouraged.
Facebook; one of the most insidious tools of narcissism was funded by people with links to shadowy connections in the US government. Seriously how could you run a site with hundreds of millions of users without receiving money from somewhere, think about where that somewhere was/is.
This of course bring us to the first Facebook president, Obama. Obama campaigned heavily on Facebook edging out Hillary Clinton for the Democratic nomination to go head to head with McCain, was it not for Facebook, likely Hillary would have got the nomination. Look at the narcissism overdrive we see in Obama, two Auto biographies before 45.
It all reminds me of a quote I remember from an occupier.
Nick Carson, Oh my god, what a narcissist! He hijacked Occupy Melbourne.
The worst part was that there were a hundred more just like him, waiting around ready to take his place.
At OM a problem we could see that was hard to address was gen Y hipster narcissists, and narcissists in general. The kind of self deluded people living in a self constructed fantasy world who will lie, cheat and steal if it gets them what they want. Narcissists think they are smart and greatly able, but its only because they thrown all of their failures into a memory hole or blame some one else for it. Narcissism the disease that will rot any community, tents or no tents.
Roughly 1 in 3 in Gen Y is clinically a narcissist, that’s very scary considering how much and how fast this delusion has grown in just a generation, what if its 50% in the next generation?
Not only are we living in a post peak oil world, we are living in a post peak sanity world.
I wish we could all ‘do the heavy lifting’ like Tony Abbott and his family are.
Dad bringing home 500,000 per year with a guaranteed superannuation of 200,000 per year plus perks, Daughter getting a full scholarship to university, Mum used to work for the Rothschild’s (masters of of the financial universe) bank. Gee they are doing it tough! Well they would be doing it tough if the average wage was 2 million per year, but its not. This greedy pig has his snout in every trough and is as corrupt as they come. He has the audacity to talk about doing things according to the constitution. Well Mr Abbott, the Australian constitution I have read clearly specifies the penalty for treason as being, death by hanging. What is does not specify is where the culprit is to be hanged from. Honestly, it’s looking more and more likely that Tony Abbott will be the first sitting Prime Minister of Australia to be hung for treason, and I suggest that if we can’t hang him by the scrotum we’ll hang him by his ankle…until dead.
Old money is behind politics, as the puppet masters.
Guess what Australia, you are 30 years behind New Zealand!
A wave of shocked silence followed by jeers echos across the country…
Australians all angrily ask “What are we behind in?”
“Apart from Rugby Union and occasionally Netball we are not behind New Zealand!”
Only if it was so unimportant as sport, you might see whats really going on. You have been blinded by bread and circuses, or perhaps beer and footy.
Split Enz, from New Zealand in 1981, with a song written by Neil Finn, unfortunately history does repeat.
New Zealand, for decades, has been a social policy test tube for the western world. A small, largely isolated population that reeled from the Neo- con ‘shock doctrine’ of Chicago school economists.
Even more surprising was the fact that this hard core Neo-con agenda was run by the New Zealand’s Labour party, a political outfit more or less akin to the ALP in political ideology and electoral significance.
Well it would have been akin to the ALP, if it wasn’t for a few key individuals who drew inspiration from Thatcher and Regan who were in office at the time in UK and USA respectively.
Would you like to look into a somewhat tame version of what is happening now in Australian Politics with the Abbott/Hockey budget?
Have a glance at these somewhat surreal crystal balls, telling you a potential future for Australia from New Zealand’s troubled past.
If you do not watch these films, you only have yourself to blame when further nasty surprises happen!
Its worth pointing out that despite this film being made more than 12 years after the neo- con ravage and upheaval in NZ, it was effectively banned from NZ television until 2003, nearly 20 years after the events it portrayed. You might ask why, and that’s the exact question the New Zealand Government didn’t want its citizens asking. Citizens who were now being treated as units of economic production.
Another film by the same director (Alistair Barry) about the same events from a slightly different and more enlightened perspective, explores how the Reserve Bank of New Zealand was behind many of the initiatives. Curiously the director said his main inspiration for making the movies was he had so much footage that simply made him angry, and he had to understand why it make him angry, and what was actually driving the economic and social carnage witnessed.
Both of the films heavily feature television archives, which many New Zealanders would have seen as part of news broadcasts at the time of the events, some clips appear in both films because of the significant to both stories and the political history described.
Split Enz I walk away; 1984, from their last album.
Perhaps Split Enz saw the (economic) writing on the wall, splitting up in 1984 and temporarily moving to Los Angeles before morphing into ‘The Mullanes’ and finally ‘Crowded House’ and moving back ‘home’ to Australia.
The opening credits of this video sadly will not put to bed any lingering debate over whether Crowded House was Kiwi band or and Aussie band, as Hester had joined Split Enz before the remainder of Split Enz became ‘Crowded House’.
The best compromise to this sometimes confused friendly debate is best settled with this: Crowded House was a Melbourne band that formed in the USA from the remains of a New Zealand band.
Welcome to the confusion and dislocation of the shock doctrine and globalization.
And finally Crowded House ‘Weather with you’ from 1992. When the rapacious globalist corporations come, they bring the weather (and its not good weather).
If you don’t think it can happen here, this week should have been a wake up call, Chile was taken by surprise in 1973, as was New Zealand in 1984, will Australia wake up and get wise in 2014?
History does repeat.
What was once a purely New Zealand phenomenon can easily become completely ingrained in Australia, be it music or political ideology.
RIP Paul Hester