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‘Zombie bankers’ to drag Europe into ‘banker hell’

Russia Today
November 15, 2011

It seems bankers are taking over politics in Europe, financial analyst Max Keiser told RT, adding that this trend could lead to global banking domination.

Investigative reporter and news presenter, Max Keiser

­“We cannot get rid of these zombie bankers, we can’t kill them,” said Keiser, host of RT’s Keiser Report. “Iceland thought they had killed off their zombie terrorist bankers, but they have risen again and are now sticking Iceland. They are a plague around the world, and certainly in Europe. There are no elections, but they are putting bankers in charge to bring back total banking domination as the world goes down the slippery slope into banker hell.”

Keiser told RT these former bankers’ main agenda is to create more debt.

“In the eurozone they have an opportunity to bring all the balance sheets of all the countries together and create new lending facilities like EFSF which is a new 5 trillion euro lending facility, and they want to build on that to create 10-20 trillion euro lending facilities, because bankers get paid on how much debt they create. More austerity measures bring about more debt, and that brings more fees for bankers and more financial terrorism,” he explained.

According to Keiser a very small elite continues to benefit from the disastrous situation in the eurozone, which continues these same ploys that it has carried out over the last few years.

“There used to be a thing called moral hazard where if banks took risk, they would be at some point penalized by the system, but now the more risk they take the greater the rewards they get,” he pointed out. “JP Morgan is now going to step in front of the allocated accounts of customers and actually steal money from their accounts. We haven’t seen this level of larceny and theft since the Nazis stole assets from people in Germany in the 30s. This is outrageous, this has not been done in decades. There are no regulations in place at all! Interest rates are zero per cent, so I expect more of the same,” he added.

According to Keiser, this means the financial elite work together with the European Central Bank and keep interest rates near zero per cent, because this allows them to fund their speculative investments at zero cost.

“They don’t want to spend any money to borrow money and put outrageous bets on the table. Every time they lose a bet, then they impose more austerity measures. Every time they win a bet, they keep 100 per cent of the profit,” he claimed.

He also stressed that putting bankers in political positions resembles the behavior of someone who has been a victim of crime.

“People keep saying the bankers know best. But the bankers are the ones who have stolen all the money, so are we going to give them more ability to steal more money and impose more austerity measures? But that is insane,” Keiser concluded.

­Paolo Raffone, founder of a Brussels-based non-profit organization, the Chipi network, told RT the eurozone has been pushed too quickly as part of the European project.

“The original idea was to have a monetary union pushing a political union. But as we see the political union has never been built because it was not the will of the people to build it. And the monetary union is shaking,” he explained.

He also added the eurozone will have a new setup in future, even if all the current EU and eurozone members get together again.

“The way the union is functioning will be different, otherwise it may split up,” he added.

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Government Austerity: The Match that Lights the Fire

PrisonPlanet.com

Top historians, social and financial analysts are warning that the draconian austerity measures currently being prepared by governments in the west will cause riots and even revolutions as people react with fury in response to their jobs, savings, basic public services, pensions and welfare money being seized by the financial terrorists who caused the economic collapse in the first place.

British historian Simon Schama is a creature of the establishment and he makes it clear whose side he is on at the end of his recent column for the Bilderberg-controlled Financial Times entitled, The World Teeters on the Brink of a New Age of Rage. However, the fact that he is an elitist at heart only makes Schama’s predications all the more alarming. This is someone on the inside who is painfully aware of the fact that the imminent attempt on behalf of the globalists to enforce so-called “austerity measures” on the people of the west, which in reality is a euphemistic term for the next leg of the new world order, is not just going to cause riots and mass social unrest, but it could even lead to revolution if the elite allow the situation to spiral out of their control.

Schama’s forecast that “we might be on the threshold of an age of rage” is not to be taken lightly. This isn’t coming from Alex Jones, Max Keiser or Gerald Celente, it’s coming directly from a man considered to be Britain’s pre-eminent contemporary historian.

Schama writes that the coming austerity measures, particularly in America where anger “targeted at an elitist federal authority is raging through the US like a fever,” will require “Barack Obama to be more than a head tutor. It will need him to be a warrior of the word every bit as combative as the army of the righteous that believes it has the Constitution on its side, and in its inchoate thrashings, can yet bring down the governance of the American Republic.”

In other words, Obama will have to ditch “misplaced obligations of civility” and become an authoritarian enforcer in order to emerge successful against the rising tide of Constitutionalist rage that will be directed against the coming austerity fascism.

We’ve all seen the numerous videos of protesters in Greece rioting, fighting police, and even firebombing banks and killing people in reaction to the crippling austerity measures imposed by the government in the name of appeasing the mandates of the European Union’s near $1 trillion dollar bailout package. However, the establishment media as a whole has largely failed to identify precisely what those austerity measures are, and more importantly how they will almost undoubtedly lead to massive social dislocation in the UK and the United States when implemented.

The austerity measures currently being considered and indeed implemented in the UK and other European countries, with the United States not too far behind, can be summarized as follows.

– Massive cuts to public services that are two or three times larger in size than anything we’ve witnessed since the second world war.

– Both capping of and reduction of salaries for public sector workers that will inevitably lead to huge strikes, bringing whole countries to a standstill for weeks on end, further eviscerating any economic recovery. Public sector workers in France and Spain are already staging large industrial strikes. As we saw in Greece, strikes routinely lead to riots and violence.

– Shocking tax increases that if they mirror previous trends could amount to an astounding 98 per cent tax on all earnings over a low level of income. Such increases would virtually eliminate the middle class because all earnings over around £20,000 ($28,000) would almost entirely go straight to the government. Knowing that such exorbitant hikes would cause millions of people to try to evade tax, thousands of new tax inspectors are being hired to crackdown on evaders. In the United States, 16,000 new IRS agents were recently hired in anticipation of people avoiding massive tax hikes that are in the pipeline, as well as new taxes as a result of Obamacare, which will begin to be implemented in the coming years.     Read More…