‘UK chancellor George Osborne has called for wholesale economic and political “reform” of the European Union (EU), warning that otherwise Britain will quit its membership.
Osborne was addressing a conference of the Open Europe think tank and the Conservative Fresh Start group, who are pressing for corporate deregulation, a further assault on welfare and for some powers to be transferred back to Westminster from Brussels.
Since the financial crash of 2008, the EU has been the mechanism for forcing through a social counter-revolution—particularly in southern and eastern Europe. Savage cuts in public spending, mass layoffs and wage cuts have created social misery in Greece, Spain, Portugal and elsewhere.
Osborne made clear that he welcomed this assault but insisted it had not gone far enough.’
‘Two brothers who used their printing firm’s Christmas and New Year break to churn out £1.2 million worth of fake banknotes have both been jailed for seven years.
Businessmen Amrit and Prem Karra used specialist paper, inks and foil to run off the near-perfect forgeries of £10 notes at their print-works in Hockley, Birmingham.
They worked through the night to print the notes with a face value of at least £1.27 million.
Birmingham Crown Court was told the brothers acted as “masterminds and architects” of the highly-sophisticated counterfeiting operation.
Sentencing the brothers and two other men who also took part in the scam, Judge Richard Bond said such offences undermined the integrity of the UK’s financial system.’
Spot the Difference Between That and …The Bank of England Exposed
Street Democracy writes:
The shadowy and sinister elite with their people farming who are ripping the freedom within our social fabric apart by controlling every financial transaction we make.
It is a manufactured grotesque enslavement of humanity by the financial industry that holds no mercy.
It also means as private banks own the money, your life is literally in their hands. If you are a protester, if you complain about the government or you are behind with payments they can stop your financial transactions until you pay your debt.
That could mean no money for food. The food shop says ‘no’ and there is nothing you can do about it.
Soon we will work and electronically work just to pay corporations to survive.
Maybe the number across our foreheads or micro chip in our arm will be the next stage if you wish to buy, purchase or consume any goods.
We want our freedom to live on this planet of abundance without the corporate world’s permission.
Whether we eat is down to them. Imagine your life in the hands of some computer, some nameless bank assistant behind the glass counter tells you whether you have credit or not, live or die.
I don’t think so.
For more on this story click here for Info Wars and Alex Jones or continue reading.
‘Efforts to restrict the use of physical money is a further step towards a modern day fascism in the Scandinavian country.
On October 1st the Swedish government posted new regulations on its site bolagsverket.se (“corporation agency”) which prohibits citizens from engaging in certain business activity without registering with authorities and paying a fee of close to 100 EUR (850 SEK). Three regional administrations have been selected to supervise and maintain the registry which affects private firms as well as limited companys (LLC/INC). It also applies to foreign corporations that have a branch in Sweden.
Running a business in Sweden in any of these areas is now prohibited without being on the government registry and paying the fee:’
‘JP Morgan Chase, the biggest bank in the US, is facing another multi-billion dollar fine, this time deriving from its involvement with notorious Ponzi scheme fraudster Bernard Madoff.
The bank has tentatively agreed to pay $2bn to settle allegations it failed to inform US authorities of the jailed fraudsters suspicious activity, according to people familiar with negotiations. A settlement deal with the Justice Department could come as early as next week. The bank declined to comment.
Madoff was arrested at his Manhattan penthouse five years ago this week after his $20bn scam came to light. JP Morgan was his bank for two decades and the US authorities suspect it continued to service his business even as it suspected something was wrong.’
Read more: JP Morgan facing $2bn fine for involvement in Madoff ponzi scheme
Street Democracy writes:
The economic biased, an economic fascism has been placed above our heads with the intention of the ordinary man and women to pay for the ruling elites of wealth, mistakes or deliberate economic ‘cock up’.
For more information click here for the Daily Mail or continue reading. I have put some videos for you to watch. The first one, David Icke tells you exactly how the banks run, what money is and it just makes you realise the con, the scam about what is now, the Rothschild’s bank notes.
Money is a privately owned corporation on its own. It is why the banks charge you real wealth for use of it.
‘Though a decade ago civil servants and union members would never have believed it could happen, the stark reality of the situation came to pass this morning.
We now know the answer to the question: What happens when a government makes promises it can’t keep and borrows so much money it can never be repaid?
This morning a judge overseeing the City of Detroit’s fiscal sustainability ruled that the City can be afforded bankruptcy protection, meaning that all 100,000 of its creditors now stand to lose a significant portion of monies owed to them.
The most notable victims are the tens of thousands of retirees living off of pensions – many of whom will see an 80% obliteration of the retirement funds they believed they’d receive until they died.’
‘The love of money for money’s sake is the social disease of our time. We see it all around us: in the celebration of ill-gotten stock gains, public admiration for the heads of criminal banks, the words of Kanye West, in the commercialization of charity and even spirituality.
This adoration of wealth isn’t a new thing, of course. When I was in elementary school I was sent to a school counselor for being moody, introspective – in other words, for being either a proto-goth or a writer in the making. I was asked to draw a picture of myself as a happy adult, and the resulting portrait showed a rich man standing beside a Rolls-Royce with an ascot around his neck.’
‘As Michael Hudson has informed us, the goal of the financial sector has always been to convert all income, from corporate profits to government tax revenues, to the service of debt. From the bankers standpoint, the more debt the richer the bankers. Rubin, Summers, Paulson, Geithner, and now banker Treasury Secretary Jack Lew faithfully serve this goal.
The Federal Reserve describes its policy of Quantitative Easing — the creation of new money with which the Fed purchases Treasury debt and mortgage backed securities — as a low interest rate policy in order to stimulate employment and economic growth. Economists and the financial media have parroted this cover story.
In contrast, I have exposed QE as a scheme for pumping profits into the banks and boosting their balance sheets. The real purpose of QE is to drive up the prices of the debt-related derivatives on the banks’ books, thus keeping the banks with solvent balance sheets.’
‘The earnings of Britain’s highest-paid bankers soared 35 per cent last year to an average £1.6million.
And the number taking home such whopping pay packets was also up 11 per cent.
Figures from the European Banking Authority showed bankers received bonuses averaging 3.7 times their salary in 2012, up from 3.5 in 2011.
More than three-quarters of the EU’s highest-earning bankers work in the UK, where 2,714, individuals each pocketed more than £833,000 last year.’