UK Column News – 27th May 2020

UK Column News

A refreshing alternative to the BBC

Published in: on May 28, 2020 at 15:03  Leave a Comment  
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UK Column News – 25th May 2020

UK Column News

Published in: on May 26, 2020 at 16:10  Leave a Comment  

UK Column News – 18th May 2020: Vaccines by the Autumn

Brian Gerrish, Mike Robinson and David Scott with today’s UK Column News, bringing you the latest Coronavirus updates.
UK Column News

Cash was freedom

We are heading for a cashless economy; it has been planned for some time now.

Now the COVID-19 virus is here it is being used to bring about many new ways of running the world and cash is one of them. Without cash your freedom is seriously curtailed, cash is a choice of how you want to pay for and item or service. Once cash has gone you have to use plastic, or increasingly now your phone. There are still many people who do not have a phone or just have a basic phone without apps. There are many older people who cannot use a mobile or find it very difficult to use a keypad for their plastic cards.

Also with the interest rate now so low and on the verge of going negative people will end up paying the bank for the privilege of having money in their institutions. And when cash is finally banned you cannot even take it out and put it under the mattress. You will have to buy something to take your money out of the banks.

Cash is freedom. You can go about your life without some ‘big brother’ looking over your shoulder all the time. Once cash is gone every transaction you make will be monitored. And the old saying that ‘if you have nothing to hide then you have nothing to worry about’ just does not stand up for me.

Keep using cash as long as you can. Once its gone its gone.

Filthy Paper money shunned for fear of virus spread
abcnews

World Health Organization did NOT say that cash was transmitting coronavirus

marketwatch.com

Published in: on April 7, 2020 at 10:32  Leave a Comment  

Social Credit

Picture Kevin Hong

We’ve all heard of credit checks to see how you manage your finances, so when you want a loan the bank or loan company can find out whether you are a safe bet or not. A bad credit score means you probably will not get that loan you desperately need for a new car or whatever else you needed. At the same time if you are a good payer and manage to get through live without taking out a loan then that can also be a bad credit score. No credit history means a bad credit history as far as the banks are concerned.

That gets me to the title of this post ‘Social Credit’.

Recently China has announced that it is intending to bring in a social credit system as a means of denying services like flying and train travel to citizens for up to a year for those who have a low social credit score. As I write this there are about 7 million Chinese citizens on a list banning them from taking flights for social misdeeds. Misdeeds such as spreading false information about terrorism and making trouble on flights, as well as   using expired tickets or smoking on trains, etc.

This is just starting in China with the full rollout of the social credit system, which first came to light in 2014 and is to be in place by 2020. In the words of President Xi Jinping “ONCE UNTRUSTWORTHY, ALWAYS RESTRICTED”. Those words are really frightening and could put someone in the bad books for the rest of their life.

That got me thinking that if you have no ‘social credit history’ as with no ‘financial history’ then does this turn you into bad citizen? So trying to keep your head down and do nothing wrong you could be on the wrong side and lose basic services.

Corporatocracy

Now there’s corporatocracy, which is a fast approaching world where citizens need to be of value to the system. A system that is entirely run be corporations requiring a profit from all transactions. In such a system you could have a mixture of social and financial credit. The higher your score the less value you are and the more worthless you are to the system ending in you having all services removed and being discarded.

Just a thought .

Published in: on December 15, 2017 at 07:04  Leave a Comment  
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30 Things You Should Do To Prepare For The Imminent Economic Collapse

See more at The Economist – economy politics news

Plan for the worst hope for the best. Think of it as insurance against a possible future event.

Published in: on May 10, 2017 at 09:21  Leave a Comment  
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Iceland Has Offered Foreign Bondholders A “Choice”: Sell Now, Or Have Cash Impounded Indefinitely

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Iceland has had a difficult past few months politically, as its Prime Minister Sigmundur David Gunlaugsson became the first casualty of the Panama Papers.

Economically however, the story is more upbeat, as the country has rebounded since the financial crisis. The Icelandic Krona has stabilized against the Euro, the rate of change in inflation has slowed, and the country has recorded year-over-year growth in GDP each year since 2011.

However, in a shocking turn of events, a law passed on May 22 by Iceland’s parliament is offering the foreign holders of about $2.3 billion worth of krona-denominated bonds a choice of either selling out in June at a below-market exchange rate, or have the money they receive upon maturity be impounded indefinitely in low interest bank accounts. In other words, Iceland is trying to kick out foreign investors.
Read more at zerohedge.com

Published in: on June 3, 2016 at 06:55  Leave a Comment  
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Iceland’s Biggest Political Party Is Now The “Pirate Party”

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Iceland’s anti-establishment Pirate Party continues to lead nationwide polls as the most popular choice for the next elections. The party — whose policies include internet freedom, drug decriminalisation, and open democracy — has consistently led the polls for the last year and, as a result, has secured more funding than any of its rivals.

The 2008 financial crisis hit Iceland hard. The following year, the krona was devalued by around 50%, unemployment doubled, and capital controls were introduce. Miraculously, the country rose from the ashes to become one of Europe’s top performers in terms of growth. More recently, the political establishment has been in turmoil since three government ministers were implicated in the global Panama Papers scandal.

Despite their struggle, or perhaps because of it, the list of reasons to admire Icelanders keeps on growing. Whether it’s the sentencing of senior bankers — or the mass outrage at the offshore leak, which propelled 10% of the population to the streets and ousted the Prime Minister — the radical refusal of Icelanders to bow down and accept establishment corruption is admirable.

Because of this, the surge in popularity of the once-fringe Pirate Party comes as little surprise — recent polls suggest almost half the nation supports them. In Iceland, financial support for political parties is allocated based on how well they have done in polls.
Read more at theantimedia.org

BBC Wrong on Fukushima, Again


fukushimaupdate.com
GoddardsJournal

Published in: on May 13, 2016 at 19:29  Leave a Comment  
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Why the whole banking system is a scam

Published in: on February 29, 2016 at 19:49  Leave a Comment  
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The bankers story

bankers-story

Published in: on February 22, 2016 at 14:46  Leave a Comment  
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War on everything

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War on terror or War of terror

War on terror started soon after the World Trade Centre in New York was targeted with commercial airliners. This was possibly one of the world’s biggest false flag events and the American government and its so called allies went on to bomb Afghanistan, Iraq, Libya and is now fighting a proxy war in Syria, with the very real possibility of a third world war with Russia and/or China looming over the horizon.

First the enemy was al-Qaeda, then the Taliban in Afghanistan, the very organization that the west had encouraged to fight the Russians. After a few years the west seemed to have lost interest in Afghanistan and in the meantime had started a full scale war with Iraq killing possibly a million people and totally devastating the country before moving on to Libya to cause the very same destruction. In Syria our enemy is supposed to be ISIS or is it Daesh. Our enemy is whatever they say it is. Iran is next on the list.

This so called war on terror is simply a means to control the resources of these countries and has nothing whatsoever to do with bringing democracy to these once sovereign states. It is also about removing the last countries that have not joined the club. The banking cartel is the main reason for such destruction. The banks control the World not governments.

War on cash

It has been planned for a while now that cash will disappear completely from our everyday lives and credit and debit cards will be the only way to pay. Also the mobile phone will be pushed as a way to pay which might even make the cards obsolete. At the moment we have many different ways to pay but in the future we may only have one choice. Every transaction we make in the future whether buying or selling will be recorded somewhere. This information will be used to keep meticulous records of our lives in order to charge tax and build a profile of the person we are or the person they think we are. Already some major banks are lowering their interest rates to zero or below and some countries are beginning to think about getting rid of cash altogether like Sweden.

War on the net

The internet has been the greatest instrument of freedom we have the pleasure to witness in recent times. But this is a real problem to the controlling elites. They are desperately trying to find ways to curb our use of this great Oracle. At the moment they do not have much control on the information we can access. When it was just the printed word as in newspapers and TV news it was easy to get the story straight, but now they have lost control of what we know. Right now Facebook and Twitter have had controls put on them to block certain content. We are losing the choice to make up our own minds of what we read.

War on CO2

Some time ago it was decided that the world was warming and this is caused by humans and not by any natural means. It cannot be anything to do with any normal cycles with the sun as the biggest driver of climate that have been going on for millions of years. No it must be us, we are the problem. CO2 is a poison not a vital ingredient of our atmosphere that plants need to grow. How arrogant that we could change the climate so much and even more arrogant that we could fix it. The climate will always change whatever we try to do, it has always changed in the past.
Anyway be controlling CO2 emissions they have a great tool to control us. As usual it is the ordinary people that have to suffer and not the elites at the top who ignore all their own advice, they are immune to anything they say.

War on freedom

There has been a war on our freedom for hundreds of years as the powers that be are moving ever towards their goal of controlling everything that we do or think. They are scared of us and the potential that we have. If we are to move on to the next dimension of our existence then it is up to us to grasp the chance now and not let some minority control our future world. This life is ours and not the property of someone else. Our future is up to us. (Forsooth)

Iran’s new oil policy could be met with military action by the US

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Iran has started charging for its oil exports in euros, instead of in US dollars. A lengthy embargo on Iranian exports was lifted in January. This was after a deal was reached with the US and the European Union over Iran’s controversial nuclear program. With the resumption of exports, Iran is poised to receive many billions of dollars in unpaid invoices from countries such as India. But Tehran has informed its debtors that it wants the bills paid in euros only.

An unnamed source from the North Iranian Oil Company (NIOC) told Reuters:

‘In our invoices we mention a clause that buyers of our oil will have to pay in euros, considering the exchange rate versus the dollar around the time of delivery.’

The move makes considerable practical sense, given that one of Iran’s biggest markets for general buying and selling is the European Union. Euros will simply be an easier currency with which to trade. However, it also has very serious implications that could heavily damage the US economy.

Read more at www.thecanary.co

Published in: on February 11, 2016 at 21:56  Leave a Comment  
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Real Goods Are The Real Money

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Certainly not gold or cash under the mattress.

Written by Tom Chatham.

We have seen the massive drop in the Baltic Dry Index over the past few months indicating shipping of bulk materials around the world is slowing down to unprecedented levels. We have seen the shutdown and mothballing of hundreds of locomotive engines in the U.S. just over the past few months indicating goods and raw materials are not being shipped in the normal volume as in years past.

We are seeing hundreds of stores run by major retailers being shut down around the country indicating people are not buying goods at the same rate as in years past. Most of our manufacturing ability has been shipped overseas to lower input costs. It has been reported that as many as 15% of the farmers in the U.S. will go out of business this year.

This all means two things. People no longer have the means to buy at will and the amount of goods available will continue to fall until there are severe shortages in the system. The lack of production and distribution will insure that the standard of living of most Americans will drop in the coming months as supply is outstripped by demand in a collapsing economy. As indicated above, the collapse is not coming soon, it is here now.

Real goods trump money of any kind when it comes to everyday living. If you have a years worth of goods stored in your home or the ability to produce them locally, it does not matter if you have a million dollars or no money at all. It does not matter if the store shelves are full or empty. It does not matter if goods are being produced and transported. If you have access to those goods you have what you actually need and not paper promises to get them at some future date for an unspecified amount.

Read more at alt-market.com

Published in: on February 11, 2016 at 21:48  Leave a Comment  
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The Government is Weaning Us Off of Cash


Corbett Report YouTube channel
financialsurvivalnetwork.com

Published in: on February 4, 2016 at 22:22  Leave a Comment  
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Germany Unveils “Cash Controls” Push: Ban Transactions Over €5,000, €500 Euro Note

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On Tuesday we got the latest evidence that officials across the globe are preparing to institute a cashless “utopia” when Handelsblatt reported (in a piece called “The Death of Cash) that the Social Democrats – the junior partner in Angela Merkel’s coalition government – have proposed a €5,000 limit on cash transactions and the elimination of the €500 note. 

Berlin is using a familiar scapegoat to justify the plan: the need to fight “terrorists” and “foreign criminals.”

“Limits on cash transactions would discourage foreign criminals from coming here to launder money,” says a paper penned by the Social Democrats. “If sums over €5,000 have to pass through traceable bank transactions, laundering would be severely hampered, it adds.”

Read more at www.zerohedge.com

War on cash has come to new heights by labelling cash as dirty and used by terrorists. They want to take away your cash so they can follow everything you do. (Forsooth)

Published in: on February 4, 2016 at 22:18  Leave a Comment  
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This is Iceland

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Published in: on February 4, 2016 at 22:10  Leave a Comment  
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Iceland Sentences 29th Banker To Prison, US Bankers Still Collecting Bonuses

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REYKJAVIK, Iceland — While the world economy struggles to recover from the 2008 financial crisis, most of the bankers who caused the collapse are still collecting massive salaries and have faced few, if any, consequences.

Except in Iceland.

In one of the countries hit hardest by the collapse, 29 bankers have now been sentenced to prison for their roles in the crash. According to, Stefan Simanowitz, writing for The Huffington Post on Jan. 5, “Just before Christmas, the former CEO of Iceland’s Glitnir bank and two other senior bankers were sentenced to jail terms of up to five years for market manipulation and breach of fiduciary duties.”

Simanowitz questioned why the United States and the United Kingdom, for example, have been far more lenient on their banks.

“[N]ot a single senior banking executive in the US or the UK has been jailed for their role in the financial crisis. Whilst banks — such as the five found to be rigging the Libor rate — have been hit with substantial fines, the individual bankers behind the fraud, market rigging and irresponsible lending that led to the economic meltdown have all avoided time behind bars.”
Read more at www.mintpressnews.com

Published in: on February 4, 2016 at 22:08  Leave a Comment  
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Switzerland To Hand Out $2500 Monthly To All Citizens

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With Citi’s chief economist proclaiming “only helicopter money can save the world now,” and the Bank of England pre-empting paradropping money concerns, it appears that Australia’s largest investment bank’s forecast that money-drops were 12-18 months away was too conservative. While The Finns consider a “basic monthly income” for the entire population, Swiss residents are to vote on a countrywide referendum about a radical plan to pay every single adult a guaranteed income of around $2500 per month, with authorities insisting that people will still want to find a job.

The plan, as The Daily Mail reports, proposed by a group of intellectuals, could make the country the first in the world to pay all of its citizens a monthly basic income regardless if they work or not. But the initiative has not gained much traction among politicians from left and right despite the fact that a referendum on it was approved by the federal government for the ballot box on June 5.

Read more at www.zerohedge.com

I think the worlds monetary system is now in a desperate state and this is a last resort after QE and zero interest rates are not working. (Forsooth)

Published in: on February 1, 2016 at 08:47  Leave a Comment  
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Iceland forgives entire population its debt. Total US media blackout.

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The government of Iceland has forgiven the mortgage debt for much of its population. This nation chose a very different way of stopping the crisis from the rest of European countries. It decided to hear the requests of the population and to put politicians and bankers on the bench of the accused three years after their financial excesses would sank one of the most prosperous economies in 2008.

Iceland Forgives Mortgage Debt for the Population. Putting Bankers and Politicians on “Bench of Accused”

This is awesome. It shows when the people DO STAND UP they have more power and win against the corrupt bankers and politicians of a country. Iceland is forgiving and erasing the mortgage debt of the population.

The US Rothschild Controlled Media (RCM) has completely BLACKED OUT/CENSORED any news about Iceland’s DEBT FORGIVENESS.

If you Google “ICELAND FORGIVES ENTIRE POPULATION OF MORTGAGE DEBT” you will get ‘About 359,000 Results’. Not one of them is a Media Outlet in the US. Not one single Major or Minor news outlet in America has mentioned a single word about this story.

Read more at www.disclose.tv

Published in: on January 30, 2016 at 09:18  Leave a Comment  
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Why interest rates will never rise

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Interest rates have been at an all-time low now for seven years in the UK at 0.5%. It has been a bad time for savers but good for those trying to pay off their mortgage.

I think that the rate will stay at its present level for the foreseeable future or perhaps indefinably. There is even the possibility that it will go into negative territory, which will mean that you will be charged to keep your money in the bank.

During the last seven years savers have been losing money on their savings and it is hitting the retired worse as they were trying to live off any interest during retirement.

The poor are getting poorer and the middle class is being pushed down towards the bottom. In the end if nothing changes there will be only two class systems in this country – the poor and the unbelievably rich. I think this has been engineered to supress the people and put more power into fewer hands and it is not just the UK but is a pattern in the rest of the World as well.

There is so much bad news in the World right now concerning money and banks, perhaps we need to withdraw our money from these criminal organizations and stick it under the mattress. Not sure if I can do this, there is also the possibility that even the paper money could become worthless. Maybe we need to invest in real things that will protect us in the future, like food, fuel, homes, etc. We most certainly need to invest in community, this is where we can protect each other, and we are helpless trying to weather the coming storm by ourselves. (Forsooth)

 

Published in: on January 23, 2016 at 08:32  Leave a Comment  
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The Bail-in: Financial Collapse To Steal Your Money – The David Icke Videocast


David Icke YouTube channel
www.davidicke.com

Published in: on January 23, 2016 at 08:00  Leave a Comment  
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The Federal Reserve Explained in 3 Minutes

Published in: on January 23, 2016 at 07:54  Leave a Comment  
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Published in: on January 18, 2016 at 12:42  Leave a Comment  
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What You Need to Know About the Matrix


AMTV YouTube channel
See more here at www.amtvmedia.com

Published in: on January 18, 2016 at 12:39  Leave a Comment  
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Oxfam says wealth of richest 1% equal to other 99%

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The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam.

It uses data from Credit Suisse from October for the report, which urges leaders meeting in Davos this week to take action on inequality.

Oxfam also calculated that the richest 62 people in the world had as much wealth as the poorest half of the global population.

It criticised the work of lobbyists and the amount of money kept in tax havens.

Oxfam predicted that the 1% would overtake the rest of the world this time last year.

It takes cash and assets worth $68,800 (£48,300) to get into the top 10%, and $760,000 (£533,000) to be in the 1%. That means that if you own an average house in London without a mortgage, you are probably in the 1%.

Oxfam said that the 62 richest people having as much wealth as the poorest 50% of the population is a remarkable concentration of wealth, given that it would have taken 388 individuals to have the same wealth as the bottom 50% in 2010.
Read more at www.bbc.co.uk
This is a shock to me as it puts me in the 10% and I do not earn that much. 62 people having as much wealth as the poorest 50% is beyond comprehension. (Forsooth)

Published in: on January 18, 2016 at 12:31  Leave a Comment  
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The Worst Ever Stock Market Start Is Just the Beginning: “Unprecedented Chaos Is Coming”

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We have never had a year start the way that 2016 has started. In the U.S., the Dow Jones Industrial Average and the S&P 500 have both posted their worst four-day starts to a year ever. Canadian stocks are now down 21 percent since September, and it has been an absolute bloodbath in Europe over the past four days. Of course the primary catalyst for all of this is what has been going on in China. There has been an emergency suspension of trading in China two times within the past four days, and nobody is quite certain what is going to happen next. Eventually this wave of panic selling will settle down, but that won’t mean that this crisis will be over. In fact, what is coming is going to be much worse than what we have already seen.
Read more at www.shtfplan.com

Published in: on January 12, 2016 at 19:36  Leave a Comment  
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North Atlantic EMPTY of Cargo Ships in-transit

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Commerce between Europe and North America has literally come to a halt. For the first time in known history, not one cargo ship is in-transit in the North Atlantic between Europe and North America. All of them (hundreds) are either anchored offshore or in-port. NOTHING is moving.

This has never happened before. It is a horrific economic sign; proof that commerce is literally stopped.

The reason commerce has stopped is simple: People are not buying things. When people do not buy things, retailers do not sell things, so they do not order more goods for stock.

When retailers do not order goods, manufacturers don’t make anything because there are no orders to fill. When manufacturers do not make goods, they don’t order raw materials for manufacturing.
Read more at www.superstation95.com

Published in: on January 11, 2016 at 12:56  Leave a Comment  
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Britain’s Banking Industry To Implement Depositor Bail-in Scheme? The Confiscation of Bank Deposits

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On the first day of 2016 all banks located within the EU follow the ‘Anglosphere’ nations of Britain, America, Australia, New Zealand and Canada into an agreement, where the next bank failure and bail-in could cost depositors all their money.

Think it won’t happen. Six years after the last financial calamity caused by reckless bankers aided by negligent politicians in late 2014, one in five European banks failed basic stress tests that would see bankruptcy on the first hint of trouble. What did they need to get past that stress test? Twenty four thousand million euros.

One should not forget that the Bank of Cyprus passed its stress test with flying colours just before it crashed and burned. That bail-out and bail-in came in at €23 billion to the taxpayer but it also took 47.5% of depositors money over €100k as well.

Think it won’t happen to British Banks? This from the Financial Times:

“The Bank of England’s stress tests of the banking sector have been attacked as “fatally flawed” for setting hurdles that are too easy to clear and giving false comfort about the safety of the financial system.”

A report published by the Adam Smith Institute, a free market think-tank, calls for the BoE annual stress tests to be scrapped, arguing they are “worse than useless” because they disguise weakness in the UK banking system.

The BoE has said that banks will be required to meet a minimum 3 per cent leverage ratio to pass 2015 tests. If it had done so in 2014’s tests, half the banks would have failed: Lloyds Banking Group, Royal Bank of Scotland, the Co-op Bank and Santander UK.

An article in right-wing The Telegraph, opined – “Punishing the banking industry punishes the UK as a whole” where it postulates that in 2014 the banking industry contributed over £30bn to the treasury. What this article fails to say is that half of that tax paid was employee taxation, and only £1.6bn paid as corporation tax …. for the entire industry. Don’t forget that banks are still paying billions in fines, used to offset even more tax contributions.
Read more at globalresearch.ca

Published in: on January 11, 2016 at 12:46  Leave a Comment  
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3.5 Million Homeless and 18.5 Million Vacant Homes

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The National Economic and Social Rights Initiative along with Amnesty International are asking the U.S. to step up its efforts to address the foreclosure crisis, including by giving serious consideration to the growing call for a foreclosure moratorium and other forms of relief for those at risk, and establishing a housing finance system that fulfills human rights obligations.

New government census reports have revealed disturbing information that details the cold, hard numbers of Americans who have been deeply affected by the state of our economy, and bank foreclosure practices:

In the last few days, the U.S. government census figures have revealed that 1 in 2 Americans have fallen into poverty or are struggling to live on low incomes. And we know that the financial hardships faced by our neighbors, colleagues, and others in our communities will be all the more acutely felt over the holiday season.

Along with poverty and low incomes, the foreclosure rate has created its own crisis situation as the number of families removed from their homes has skyrocketed.
Read more at www.trueactivist.com

 

Published in: on January 7, 2016 at 19:19  Leave a Comment  
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Ken O’Keefe’s Mission to End Payment for War


See more at Ken O’Keefe YouTube channel

Published in: on January 1, 2016 at 10:02  Leave a Comment  
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Co-operative Bank close Palestine Solidarity Campaign’s account

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Today (24 Nov 2015) the Palestine Solidarity Campaign (PSC) has launched a legal case against the Co-operative Bank on the grounds of discrimination. Last month, PSC’s account was closed by the Co-operative Bank which cited “the Bank’s risk appetite” for the closure and has refused to elaborate further. Another 20 organisations working for Palestine – including a number of PSC branches – have also had their accounts closed or denied. PSC and its legal team believe the decision is discriminatory and contravenes the Equality Act 2010. PSC has today initiated legal proceedings against the Bank. ITN solicitors, acting on behalf of PSC, state the Co-operative Bank’s “failure to provide any reasons for the closure of PSC’s account, which has been compounded by your failure to provide appropriate disclosure, leads to the conclusion that the decision to close the account is based on: Our client’s cogent belief in Palestinian rights, including the right to self-determination and the right of return, and to oppose Israel’s occupation and violations of international law. The nationality or religion of the Palestinian people.” Therefore the decision to close PSC’s account is “contrary to sections 13 and 29 of the [Equality] Act [2010]”.
Read more at www.palestinecampaign.org

Published in: on November 26, 2015 at 19:34  Leave a Comment  
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Central planners around the world are waging a War on Cash

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In just the last few years:

Italy made cash transactions over €1,000 illegal;
Switzerland proposed banning cash payments in excess of 100,000 francs;
Russia banned cash transactions over $10,000;
Spain banned cash transactions over €2,500;
Mexico made cash payments of more than 200,000 pesos illegal;
Uruguay banned cash transactions over $5,000; and
France made cash transactions over €1,000 illegal, down from the previous limit of €3,000.

The War on Cash is a favourite pet project of the economic central planners. They want to eliminate hand-to-hand currency so that governments can document, control, and tax everything.
Read more at www.activistpost.com

Published in: on November 23, 2015 at 08:25  Leave a Comment  
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First They Came for the Pennies

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The War on Cash is advancing on all fronts. One region that has hogged the headlines with its war against physical currency is Scandinavia. Sweden became the first country to enlist its own citizens as largely willing guinea pigs in a dystopian economic experiment: negative interest rates in a cashless society. As Credit Suisse reports, no matter where you go or what you want to purchase, you will find a small ubiquitous sign saying “Vi hanterar ej kontanter” (“We don’t accept cash”):

Whether it’s for mulled wine at the Christmas market, a beer at the bar, even the smallest charge is settled digitally. Even the homeless vendors of the street newspapers Faktum and Situation Stockholm carry mobile card readers.

A similar situation is unfolding in Denmark, where nearly 40% of the paying demographic use MobilePay, a Danske Bank app that allows all payments to be completed via smartphone. With more and more retailers rejecting physical money, a cashless society is “no longer an illusion but a vision that can be fulfilled within a reasonable time frame,” says Michael Busk-Jepsen, executive director of the Danish Bankers Association.
Read more at wolfstreet.com

We are moving fast into a cashless society, and once we are there every transaction will be monitored and your lifestyle will be under scrutiny as well as the taxman asking for a cut of every sale you make. Also as the interest rate goes into negative and the banks start charging you to hold your cash your only choice will be to either put up with the charges or buy goods.(Forsooth)

Published in: on November 23, 2015 at 08:12  Leave a Comment  
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All Icelanders receive money after government takes over ownership of bank

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Every Icelander will receive about US$232,802 for the sale of one of the country’s three largest banks, Islandsbanki.

Creditors of the failed bank proposed the nationalisation of Islandsbanki, in which they hold a majority stake. The move will help Iceland lift capital controls imposed after the 2008 financial meltdown and will give Icelanders a fair share of the failed bank’s sale.

Finance Minister Bjarni Benediktsson announced in late October that the government will take “some decided portion, five per cent, and simply hand it over to the people of this country.” Icelanders took control of their government, so they now own the banks.
Read more at www.australiannationalreview.com

The BBC here in the UK never ran this story. I guess they do not want us to know.

Published in: on November 11, 2015 at 14:54  Leave a Comment  
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This Is the End of the Line for Syriza

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Greek banks have reopened after weeks of closure. The patient and orderly way customers queued outside to use ATMS during the big shut down was an impressive sight, especially for those people who are fond of considering Greek people as somehow incapable of doing things right.

But nothing is harmonious. The queues outside the job centres are as long as ever, while many of the shops that shut down at the same time as the banks, still haven’t reopened. Anti-austerity and anti-governmental protests have started to take place for the first time since Syriza came to power. Dozens were arrested as the Greek parliament voted to accept a new bailout deal from Europe, based on the very terms that were rejected just days earlier in a national referendum. Fresh riots took place as the parliament passed a law that allows the confiscation of people’s homes.

As Syriza burns its bridges with the general public, life for the majority of people has returned to hopeless normality – indeed, many people have spent more time talking about the wildfires that have broken out around the country than the troika in the past few days.
Read more at Greek Reporter

Published in: on July 27, 2015 at 08:54  Leave a Comment  
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The Problem of Greece is Not Only a Tragedy. It is a Lie.

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By John Pilger
An historic betrayal has consumed Greece. Having set aside the mandate of the Greek electorate, the Syriza government has wilfully ignored last week’s landslide “No” vote and secretly agreed a raft of repressive, impoverishing measures in return for a “bailout” that means sinister foreign control and a warning to the world.

Prime Minister Alexis Tsipras has pushed through parliament a proposal to cut at least 13 billion euros from the public purse – 4 billion euros more than the “austerity” figure rejected overwhelmingly by the majority of the Greek population in a referendum on 5 July.

These reportedly include a 50 per cent increase in the cost of healthcare for pensioners, almost 40 per cent of whom live in poverty; deep cuts in public sector wages; the complete privatization of public facilities such as airports and ports; a rise in value added tax to 23 per cent, now applied to the Greek islands where people struggle to eke out a living. There is more to come.

“Anti-austerity party sweeps to stunning victory”, declared a Guardian headline on January 25. “Radical leftists” the paper called Tsipras and his impressively-educated comrades. They wore open neck shirts, and the finance minister rode a motorbike and was described as a “rock star of economics”. It was a façade. They were not radical in any sense of that clichéd label, neither were they “anti austerity”.
Read more of John Pilger’s article at Dandelion Salad

Published in: on July 27, 2015 at 08:43  Leave a Comment  
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Greece’s Parliament Cannot Override the NO Vote. The Agreement with the Creditors is Illegal

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The Referendum was an outright ritual of democracy. The Greek people were betrayed. On Monday morning, July 6, on the day following the referendum, Prime minister Tsipras put forth a 13 page draft proposal which included most of the demands of the creditors. This proposal, which was drafted before the referendum in close consultation with the creditors was essentially intended to lead towards the acceptance of the creditors’ demands, namely to support the YES vote which was defeated in the July 5 Referendum.

This about-turn had been carefully engineered. The Greek people were misled and deceived. PM Tsipras was in bed with creditors while supporting the No Campaign. He had made a deal with the creditors, he was in favour of accepting the demands of the creditors all along. The NO mandate of the Greek people was meant to be ignored. And that decision was taken BEFORE the referendum.

While the result of a referendum is not always legally binding, it nonetheless provides an explicit political mandate to the government which has to be followed. A referendum cannot be based on a priori deception. The results cannot be ignored in a democracy.
Read more at Global Research

Published in: on July 24, 2015 at 07:01  Leave a Comment  
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Lapavitsas Calls for Exit as the Only Strategy for Greek People


Transcript of Lapavitsas’ speech at Global Research

The Firesale Begins: Tsipras Agrees To Sell Greek Assets
It’s never been more obvious that Greece has been sold out to the banks. Like many countries before, their nation has been scheduled to endure poverty and chaos, followed by a firesale of their assets. The latest evidence of their nation’s capture by the banks, is the selling of their numerous islands to wealthy buyers.
Read more at The Daily Sheeple

Published in: on July 23, 2015 at 06:28  Leave a Comment  
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July 5: Greek Independence Day; July 15: Greek In Dependence Day

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The Greek parliament just voted, in a 229 for and 64 against landslide, to implement the austerity Europe demands to grant Greece the funds for Bailout #3 so that Greece can then repay European creditors (as opposed to facing up to the pain imminently and suffering through a Grexit) implicitly giving up their sovereignty and sending their 61% “Oxi” voting citizenry into what will inevitably be an even deeper economic depression.
Read more at Zero Hedge

They should have voted the other way. Surely now the Greek people will rise up and take back their country from the vultures of Europe. The people have had their democracy stolen. The government is full of traitors who do not care about the people who they were elected to serve.

Published in: on July 16, 2015 at 06:24  Leave a Comment  
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Make up your mind Greece

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What’s up with the Greek government, they have a referendum to ask the people what they want and the people vote ‘No’ 61%. So then what the government does is completely ignore the people and cave in to Europe. The people are not going to like this one bit, they are going to riot.

The Greek government needs to leave the Euro and possibly the European Union and get their democracy back. I do not think that leaving the Euro is going to be as bad as the EU is making out. The European Union dream was doomed to fail eventually and they cannot hold it together, other countries such as Italy want to leave.

Someone Pull The Plug Or This Will End In War

Zero Hedge

Published in: on July 11, 2015 at 22:51  Leave a Comment  
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Why Greece Will Have to Exit the Eurozone

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Original article from Global Research

I’m no economist but I have been wondering how Syriza plans to bypass German-imposed austerity as long as it sticks with the euro. Depressed economies recover by devaluing their currency so that they can become more competitive. But Greece is currently tied to the euro, which means it cannot devalue and must continue to compete, despite its deathbed economy, against far larger and stronger economies like Germany’s.

To use a football analogy, the current scenario is as plausible as expecting Greece to score a draw against Germany in the European Cup when it is allowed to field only two players and no goalie. There is no strategy its team can adopt that will be successful: it will be heavily defeated whatever it does.

This is also the situation for other weak European economies, including those of Spain, Portugal and Ireland. They must all hunker down in endless austerity to remain in the euro. But “austerity” is really just code for a rigged currency system designed to benefit the German economy.

On this reading, Greece’s only long-term option is to exit the Eurozone and bring back the drachma. That is going to be hugely traumatic for the Greeks. But the danger must be that, if they do exit, their suffering will be severely exacerbated by the actions of other European countries, especially Germany. It will want to make sure that Greece is seen to be worse off for leaving the Eurozone. Why? Because if Greece shows that there is a way out of austerity, others will follow, leading to the euro’s demise.

That is coming anyway, it seems to me. It’s just a matter of how long – and how much suffering – it takes for Europeans to understand that the Eurozone is finished.

Published in: on July 9, 2015 at 06:20  Leave a Comment  
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The Greek Crisis – What You’re Not Being Told


Greece needs to leave the Euro and the European Union which will be the only way of getting their country back. But Brussels will not let them due to the fact that other countries like Italy will want to follow.

Published in: on July 8, 2015 at 20:05  Leave a Comment  
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Greek Banks Considering 30% Haircut On Deposits Over €8,000: FT

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Unfortunately for Greeks, the ECB has frozen the ELA cap, meaning that as of last Sunday, Greek banks were no longer able to meet deposit outflows by tapping emergency liquidity from the Bank of Greece.

Now, with ATM liquidity expected to run out by Monday and with the country’s future in the Eurozone still undecided, it appears as though Alexis Tsipras’ promise that “deposits are safe” may be proven wrong.

According to FT, Greek banks are considering a depositor bail-in that could see deposits above €8,000 haircut by “at least” 30%.
Read more at ZeroHedge

Bank bail-ins could happen anywhere in Europe after new rules were applied earlier this year. Your money is not safe anywhere.

The is all part of destroying the middle class and creating a poor population ruled by a rich elite.

Published in: on July 3, 2015 at 22:00  Leave a Comment  

How much longer?

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Just a thought. This cannot go on something has to break eventually. When the US goes it will make Greece look like a walk in the park.
Try this ZeroHedge

Published in: on July 1, 2015 at 22:47  Leave a Comment  
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Why Iceland’s Decision To Jail Its Bankers Is Triggering A Revolution

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Iceland also allowed bankers to be prosecuted as criminals – in contrast to the US and Europe, where banks were fined, but chief executives escaped punishment.

The proof that Iceland’s decision six years ago is now baring fruits could trigger a world wide revolution – something that the elites are desperately trying to keep a lid on.

The chief executive, chairman, Luxembourg ceo and second largest shareholder of Kaupthing, an Icelandic bank that collapsed, were sentenced in February to between four and five years in prison for market manipulation.

“Why should we have a part of our society that is not being policed or without responsibility?” said special prosecutor Olafur Hauksson at the time. “It is dangerous that someone is too big to investigate – it gives a sense there is a safe haven.”
Read more at Neonnettle

Published in: on June 25, 2015 at 06:29  Leave a Comment  
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Secret Meeting in London to “End Cash”

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Economist Martin Armstrong claims there is a “secret meeting to end cash” set to take place in London before the end of the month involving representatives from the ECB and the Federal Reserve.

Armstrong, who is known for successfully predicting the 1987 Black Monday crash as well as the 1998 Russian financial collapse, expressed his shock that no news outlet has reported on this upcoming conference.

“I find it extremely perplexing that I have been the only one to report of the secret meeting in London. Kenneth Rogoff of Harvard University, and Willem Buiter, the Chief Economist at Citigroup, will address the central banks to advocate the elimination of all cash to bring to fruition the day when you cannot buy or sell anything without government approval,” writes Armstrong.

“When I googled the issue to see who else has picked it up, to my surprise, Armstrong Economics comes up first. Others are quoting me, and I even find it spreading as far as the Central Bank of Nigeria, but I have yet to find any reports on the meeting taking place in London, when my sources are direct.”

Armstrong first brought attention to the alleged meeting earlier this month when he revealed that representatives from the Federal Reserve, the ECB as well as participants from the Swiss and Danish central banks would all be attending a “major conference in London” at which Kenneth Rogoff of Harvard University, and Willem Buiter, the Chief Economist at Citigroup, would give presentations.

“We better keep one eye open at night for this birth of a cashless society that is coming in much faster than expected. Why the secret meeting? Something does not smell right here,” concludes Armstrong.

Read more at Prison Planet

In the near future every transaction you do will be monitored and maybe you will be told when to spend and when not to spend to keep the economy in order. For instance Louisiana Bans Cash Transactions on Used Goods

Published in: on May 29, 2015 at 06:28  Leave a Comment  
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Syriza Official Vows to Kill EU-US Trade Deal as ‘Gift to All European People’

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An official with Greece’s newly elected Syriza party may have sounded the death knell for a proposed EU-U.S. trade deal that has faced a mountain of opposition from civil society.

The deal is the Transatlantic Trade and Investment Partnership (TTIP), now facing its eighth round of talks between negotiators this week in Brussels.

The TTIP, which would be the biggest trade deal ever, has been criticized as a corporate-friendly deal that threatens food and environmental safety under the guise of “harmonization” of regulations.

Georgios Katrougkalos, now deputy minister for administrative reform, confirmed what he had told EurActiv Greece ahead of his Syriza party’s victory last week: that his parliament would not ratify the trade deal.
Read more at www.commondreams.org

Syriza’s 40 point plan for Greece

  1. Audit of the public debt and renegotiation of interest due and suspension of payments until the economy has revived and growth and employment return.
  2. Demand the European Union to change the role of the European Central Bank so that it finances States and programs of public investment.
  3. Raise income tax to 75% for all incomes over 500,000 euros.
  4. Change the election laws to a proportional system.
  5. Increase taxes on big companies to that of the European average.
  6. Adoption of a tax on financial transactions and a special tax on luxury goods.
  7. Prohibition of speculative financial derivatives.
  8. Abolition of financial privileges for the Church and shipbuilding industry.
  9. Combat the banks’ secret [measures] and the flight of capital abroad.
  10. Cut drastically military expenditures.
  11. Raise minimum salary to the pre-cut level, 750 euros per month.
  12. Use buildings of the government, banks and the Church for the homeless.
  13. Open dining rooms in public schools to offer free breakfast and lunch to children.
  14. Free health benefits to the unemployed, homeless and those with low salaries.
  15. Subvention up to 30% of mortgage payments for poor families who cannot meet payments.
  16. Increase of subsidies for the unemployed. Increase social protection for one-parent families, the aged, disabled, and families with no income.
  17. Fiscal reductions for goods of primary necessity.
  18. Nationalization of banks.
  19. Nationalization of ex-public (service & utilities) companies in strategic sectors for the growth of the country (railroads, airports, mail, water).
  20. Preference for renewable energy and defence of the environment.
  21. Equal salaries for men and women.
  22. Limitation of precarious hiring and support for contracts for indeterminate time.
  23. Extension of the protection of labor and salaries of part-time workers.
  24. Recovery of collective (labor) contracts.
  25. Increase inspections of labor and requirements for companies making bids for public contracts.
  26. Constitutional reforms to guarantee separation of Church and State and protection of the right to education, health care and the environment.
  27. Referendums on treaties and other accords with Europe.
  28. Abolition of privileges for parliamentary deputies. Removal of special juridical protection for ministers and permission for the courts to proceed against members of the government.
  29. Demilitarization of the Coast Guard and anti-insurrectional special troops. Prohibition for police to wear masks or use fire arms during demonstrations. Change training courses for police so as to underline social themes such as immigration, drugs and social factors.
  30. Guarantee human rights in immigrant detention centers.
  31. Facilitate the reunion of immigrant families.
  32. Depenalization of consumption of drugs in favor of battle against drug traffic. Increase funding for drug rehab centers.
  33. Regulate the right of conscientious objection in draft laws.
  34. Increase funding for public health up to the average European level.(The European average is 6% of GDP; in Greece 3%.)
  35. Elimination of payments by citizens for national health services.
  36. Nationalization of private hospitals. Elimination of private participation in the national health system.
  37. Withdrawal of Greek troops from Afghanistan and the Balkans. No Greek soldiers beyond our own borders.
  38. Abolition of military cooperation with Israel.  Support for creation of a Palestinian State within the 1967 borders.
  39. Negotiation of a stable accord with Turkey.
  40. Closure of all foreign bases in Greece and withdrawal from NATO.

Wow!  Hope it all works out for them. This is just what we need to build a future for the people and not the corporations.
Read more at greanvillepost.com

Published in: on February 11, 2015 at 19:44  Leave a Comment  
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QE Assures Economic Collapse 2015


Pumping yet more money into a system that is already overloaded is not going to help. It will end badly.
AMTV

Published in: on January 25, 2015 at 16:56  Leave a Comment  
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