#1
Today Europe tomorrow the USA. When the people of Europe begin to withdraw their money things will get ugly. I wonder if Chavez got his gold out yet.
I wonder if it's gone. Nothing is safe now. Sung to the Robert Palmer tune "She's so fine I don't know where the money went". So many will be left with the tab. Then those who took advantage of the situation will benefit from the fire sale. The famous names of the depression past will be jointed by new names of the future wealthy. Then it will start over again.
#3
phil_b Hello- when do you think the public will run on their banks in Europe. I believe most will just let it ride and hope for the best. The real panic hasn't hit yet. Perhaps most are living paycheck to paycheck. Its the retirements and savings plans that will hurt the most. I believe those are being tapped now to maintain current lifestyle there and here. Outgo is greater than income for the banks and public.
The case against Geert Wilders continues: having lost in the Dutch court after three tries, leaders in the Dutch Muslim community take it to the UN.
Three Dutch Moroccans have made a complaint against the Netherlands to the UN commission for human rights, claiming the Dutch state has not protected them from incitement to hatred instigated by Geert Wilders, Nos television reports.
The Dutch muslims may not have read the infidel Saul Alinsky, but they're following his plan to a T...
The three, who are not named in the court filing, say the 'systematic incitement to hatred and discrimination against Muslims and other migrants' committed by Wilders has left them feeling 'discriminated against, humiliated and threatened'.
Separate from actually being discriminated against, humiliated and threatened.
'They are of the opinion that Wilders by his continued hate speech has poisoned the social climate in the Netherlands that has become more and more anti-migrant and anti-Muslim,' the statement says.
Wilders was taken to court for discrimination and inciting hatred last year but found not guilty this spring after the public prosecution department called for all charges to be dropped.
One-sided
The reluctance of the public prosecutor to take action against Wilders meant the 'judge [at that trial] was only provided with one side of the legal argument due to the almost perfect harmony between the prosecution and defence,' the UN filing states.
The three say international human rights treaties should protect them against discrimination and the UN commission should ensure those treaties are upheld.
A UN human rights commission ruling, which can take years, is not legally binding, Nos says.
Continued on Page 47
Dutch anti-Islam politician Geert Wilders, a key ally for the ruling Liberal-Christian Democrat coalition, said on Saturday he opposed a planned visit by Turkish President Abdullah Gul because Turkey is an "Islamist regime".
Wilders, whose party is the third-largest in the Dutch parliament and opposes closer ties between Europe and Turkey, backs the Dutch minority government in return for tougher immigration and integration rules. Gul has been invited to visit the Netherlands next year, when the two countries will celebrate 400 years of relations.
Continued on Page 47
The reason there is such a mess in Europe is that they haven't worked out that bankers and speculators are in charge now - well, China and banks, actually but they are still operating under the delusion that politicians run the world.
The Americans understand the new world order, largely because investment bankers are running Washington. When the crisis struck in 2008, the US Treasury Secretary was a former CEO of Goldman Sachs - Hank Paulson - and the administration was, and is, full of his mates.
A lot of people think that's bad, that it means undue power in the hands of Wall Street resulting in them lining pockets and in people camping in Zuccotti Park in protest.
Well, yes, that's true. But it also meant that someone in Washington understood what was happening and responded accordingly - that is, by throwing huge amounts of cash at the masters of the universe - the banks - money that was both borrowed and printed.
In Brussels and Berlin they haven't quite figured out that their sovereignty has been ceded to banks.
It happened way back when they created the euro and then allowed Italy, Greece, and Portugal to borrow from said banks in flagrant breach of the Maastricht rules.
The banks showed their power with Greece but Germany didn't care enough about Greece. Now they're turning the screws on Italy, and that is very serious indeed because seven times the money is involved.
The Germans don't want to face up to the fact that bankers control the world now because their country is fine.
But that's not the point. The euro was their idea and they're stuck with it - along with the reality of the new world order.
Continued on Page 47
#1
The "bankers and speculators" are in charge of nothing but empty promises. The lock box is empty.
Like Zombies going through the motions. When individuals withdraw their money from the banks the game is over. Exit of the U.S. money-market funds has already started. The card game has the house being owed money the players do not have.
#2
The lock box is empty.
It's not what the sheep taxpayers have but what they they can be shorn of on a seasonal basis that matters.Just a farming operation.
Pretty much every bank in the world is insolvent and beholden to governments that control the money tap that keeps them trading.
The only reason governments keep funneling money at the banks is to keep credit flowing, because without credit driven largely illusory growth, tax revenues will crater.
[Express UK] THE EU was ridiculed last night after it took three years to issue a new rule that water cannot be sold as healthy.
In a scarcely believable ruling, a panel of experts threw out a claim that regular water consumption is the best way to rehydrate the body.
The bizarre diktat from Brussels has far-reaching implications for member states, including Britannia, as no water sold in the EU can now claim to protect against dehydration.
Any producer breaching the order, signed by European Commission President Jose Manuel Barroso, faces being set to sit in solemn silence in a dull, dark dock, in a pestilential prison with a life-long lock for up to two years. It took the 21 scientists on the panel three years of analysis into the link between water and dehydration to come to their extraordinary conclusion.
Last night the decision of the European Food Safety Authority's panel on Dietetic Products, Nutrition and Allergies was labelled "beyond parody". Ukip's deputy leader Paul Nuttall, who sits on the European Parliament's Public Health Committee, said: "I had to read this four or five times before I believed it.
"It is a perfect example of what the EU does best and makes the bendy banana law look positively sane."
Conservative MEP Roger Helmer said: "The euro is burning, the EU is falling apart and yet here they are, highly paid, highly pensioned officials trying to deny us the right to say what is patently true.
"If ever there were an episode which demonstrates the folly of the great European project then this is it."
Continued on Page 47
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Legia Warsaw have been fined 10,000 euros by the Union of European Football Associations (UEFA) after fans displayed a banner saying 'Jihad Legia' during a soccer match at home to Israeli team Hapoel Tel Aviv on September 29.
Poland has already been criticised by UEFA officials over hooliganism, which they say is destroying the image of the country that is due to co-host the 2012 European Championship with Ukraine.
In May of this year hooligans fought with police, damaged the stadium and attacked press photographers after Legia beat Lech Poznan 5-4 on penalties to win the Polish Cup final in Bydgoszcz.
Continued on Page 47
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.