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All Hail Our Banking Overlords!

Tyler Durden's picture




 

Submitted by Chris Martenson via PeakProseprity.com,

You really have to be paying attention to see what’s truly going on these days. The keepers of the system, that is the banking elites, now openly control everything -- though you'd never know that by listening to the media.

Consider this:

Eurozone backs €7bn bridging loan

Jul 16, 2105

 

Eurozone ministers have agreed to give Greece a €7bn (£5bn) bridging loan from an EU-wide fund to keep its finances afloat until a bailout is approved.

 

The loan is expected to be confirmed on Friday by all EU member states.

 

In another development, the European Central Bank (ECB) agreed to increase emergency funding to Greece for the first time since it was frozen in June.

 

The decisions were made after Greek MPs passed tough reforms as part of a eurozone bailout deal.

How generous of the finance ministers of all those EU member states to agree to a “bridge loan” that will help Greece "keep its finances afloat". This should provide the people of Greece with a bit of breathing room, right? Maybe access to their bank accounts (finally!), perhaps?

No, not at all. Here’s what the entirety of the “”loan”” will go towards instead:

The bridging loan means Greece will be able to repay debts to the ECB and IMF on Monday.

Ummmm…that “money” will not ever go anywhere near Greece.

This is all merely electronic window-dressing for entirely esoteric bookkeeping purposes. Servers will blink at one location in Europe as digital 1s and 0s are transmitted to another. The electronic balances at the ECB and the IMF will change, but not much else.

The people of Greece will see none of it. Nor will they see their bank accounts unfrozen.

This act of banker "largess" is, of course, of, by, and entirely for the bankers. It has nothing to do with Greece or its people, about whom the banker class cannot care less.   

But, they hide this disdain under and increasingly thin and condescending veneer of graciousness. Take, for example, the recently-announced 'generosity' of the powers that be -- that is, the banking powers that be -- which will permit the long suffering depositors to…*cough*…deposit more money into the banks:

Greece: Banks Can Reopen ... for Deposits

Jul 17, 2015

 

Greek banks will reopen Monday after a three-week closure, the country's deputy finance minister says, though withdrawal restrictions will stay in place. Bank customers "can deposit cash, they can transfer money from one account to the other," but they can't withdraw money except at ATMs, the official says, and a withdrawal limit of 60 euros ($67) a day will stay in place, he said, though Greek authorities are working on a plan to allow people to roll over access to their funds so that if they don't make it to a bank machine one day, they can take out 120 euros the next day.

 

Yeah, depositing more money into the Greek banking system is exactly what all 12 remaining Greek idiots are clamoring to do...everybody else just wants their money back, thank-you-very-much.

Obviously, the only rational response of anybody in Europe watching this charade of theft continue would be to sell gold, right? (which has happened vigorously ever since the Greek crisis began) Because, you know, nothing says “confidence” quite like selling your gold so you can then park that money in a bank that may not let you withdraw it again.

Of course, we here at Peak Prosperity hold to the view that everything, and we mean everything, in our ””markets”” is stage-managed. And that especially includes gold. The central banks are demanding and commanding complete fealty to their story line, no exceptions tolerated.  We are at that all-or-nothing moment in history when everything either works out perfectly or it all falls apart.

Savers have to be punished so debtors can be saved.

Why? Because if debtors are rescued, that makes it possible for more debts to be issued in the future..

And why is that important? Because the banking system needs ever more loans in order to survive.

Why do we slavishly feed a banking system that is rapacious, insatiable and always threatening calamity whenever it doesn’t get exactly everything it wants, when it wants it? That is a question nobody in power is willing to address.

Why not? Because there's no good reason to do it -- unless you're a bank, or one of the many proxy agents (like politicians) receiving kick-backs from the banks.

We have a banking system that feeds on the blood, sweat and tears of the public. But the public's collective output is no longer ‘enough’ to subsidize everything that central planners have promised. So with a stagnating/shrinking pie – surprise! – the group that writes the rules, the banks, has decided that they should be the ones to get as much of it as possible.

Naturally, this will not work for very long.  History is replete with examples why it can’t.  Just consider the root meaning of “bankrupt” which has an interesting history:

The word actually comes from Italian banca rotta, a broken bench (not a rotten one, as the false friend of Italian rotta might suggest — it’s from Latin rumpere, to break). The bench was a literal one, however: it was the usual Italian word for a money dealer’s table.  In his dictionary, the great Dr Johnson retold the legend that when an Italian money trader became insolvent, his table was broken. 

(Source)

To “break the banker’s table” means to smash the money lender’s physical place of business after they have taken or lost all of your wealth.  It’s speaks of an act of anger by the betrayed. And that’s where the banking system finds itself again and again over time, for the exact same reasons all through history -- today being no different in anything but scale and complexity.

Conclusion

You have to read past the headlines today because they quite often say exactly the opposite of what’s actually happening.  Like today’s description spinning GE’s 2Q, $1.38 billion earnings loss as a 5% rise in profits.

The bankers and financiers are badly overplaying their hands, again, and people are starting to catch on to the scam.

Real wealth is tangible things produced with tangible effort. Loans made out of thin-air 'money' require no effort and are entirely ephemeral.  But if those loans are used to acquire real ownership of real assets, then something has been exchanged for nothing and one party is getting screwed.

That’s what has just happened in Greece. And expect it to happen increasingly elsewhere, as Charles Hughes Smith and I recently discussed in this week's excellent Off The Cuff podcast.

If you had asked me ten years ago if there was any chance of Greece becoming a failed state within a decade, I would have said ‘No, no chance.’  But here we are. In ten years, I suspect, we’ll be marveling over all the other failed states as the rot proceeds from the outside in. Again, Charles does a wonderful job articulating why in his recent report More Sovereign Defaults Are Coming.

There’s simply too much debt and too little cheap oil for there to be any other trajectory to this story. Boneheadedly, our leadership is so out-of-touch that their best response to this set of predicaments is to sacrifice the populace of an entire developed nation (for generations to come) just to keep the status quo stumbling along for a bit longer.

We need to all prepare for the inevitability that, as the rot proceeds, the people of Greece will not be the only casualties of the banks' attempts at self-preservation. They'll try to throw all of us under the bus before taking any losses themselves.

 

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Sat, 07/18/2015 - 16:22 | 6327631 JessieSharpton
Sat, 07/18/2015 - 17:40 | 6327837 kchrisc
kchrisc's picture

They have their own nation now, stolen, of course, and the right to "return" to it.

I think that the time has come for them to "return" to it, and leave us to our country and destinies.

Go home. Go practice power and fraudulent-reserve banking at home, and not here any longer.

Go. Leave us now. Leave our duck pond, and "return" to your coop. Run it the way you see fit. Thrive: Be a superior example for civilization and humanity to emulate. Have the world envious of your achievements, and question the wisdom of ever letting you "return."

I wish you well, and all the best, but you must leave here, and "return' home.

Liberty is a demand. Tyranny is submission..

 

When I first became aware of the DC US tyranny occupying the American country, I felt like Jefferson. As I began to understand that Zion actually controls that tyranny from a far as a plundering colonizer, I became to identify more with Gandhi.

Sat, 07/18/2015 - 20:19 | 6328165 lakecity55
lakecity55's picture

I remember being in DC to pick up orders a couple of years ago.

Two Chosenites with their little hats were on the other side of the breakfast room, with management hanging on them for service.

I thought, gee those little hats are not as impressive as a NAZI uniform, but it works for them.

For many many years, I thought the Protocols of the Elders of Zion were probably  forged by the Okrana to justify the Tsar's pogroms. Now I think they were real.

When you step back and observe the Zionist Power used in the open in our government, you start to understand what these people are and what they represent: Tyranny.

You must also consider just how truly vile they are: willing to sacrifice hundreds of thousands in NAZI concentration camps to fulfill the Balfour Declaration. Their Zionist counterparts in Bolshevik Russia were even more bloodthirsty.

Remember, you do NOT have to be 'Jewish' to be a Zionist, but most Zionists are 'Jews (Khazars).'

Sat, 07/18/2015 - 16:13 | 6327614 hard_working_guy
hard_working_guy's picture

Humanities vicious circle

The now is predominantly an echo of the past
Therefore the future is a function of the now
If we want to improve the future we must change how we vibrate in the now, this will reverberate into the future.

I think we should not take our eyes off the fact that we are all guilty. OK some a lot more than others. But none the less we only need look at ourselves for being complicit in perpetuating the very things we are striving to change.

And no I don't like hippies.

Sat, 07/18/2015 - 16:33 | 6327672 hard_working_guy
hard_working_guy's picture

I mean to say I think we are missing the point somewhat.

What is wealth?

How big is our stack?

Or do our children have safe places to play and decent food to eat.

Thanks ZH

Sat, 07/18/2015 - 17:45 | 6327846 bunnyswanson
bunnyswanson's picture

Element of surprise is essential.  First they killed ever person who was against this plan who had a say in the matter.  Then, they fooled us when buying the media outlets, now they own the stock market.  We fell for it.  This is world wide.  It is not Just Americans.  It is all of our countries.   But Americans have guns.  I have to believe the military members we all went to school with, worked with, lived beside, are parents of, have figured out their country is under seige and is about to be sold off.  If the US military members attack their own citizens, then you can feel responsible for failing but not until then. 

Sat, 07/18/2015 - 16:16 | 6327623 Fahque Imuhnutjahb
Fahque Imuhnutjahb's picture

His explanation of the origin and terminology of bankrupt was interesting.  I'm curious what the term would have been if the broken up bench had then been forcibly shoved up the banker's arse? 

From the Latin root rumpere.

Sat, 07/18/2015 - 16:37 | 6327685 lakecity55
lakecity55's picture

At least the Borg got nutrients and had a cube to live on.

Banksters are worse.

Sat, 07/18/2015 - 17:06 | 6327755 Inthemix96
Inthemix96's picture

Lowest Common Denominator is right upon us folks,

You Central Bankers, you Politicians, you Media Cunts, are just about to find owt what your actual days work is worth.  Thats why you lot are shitting yourselves, your fucking skin wouldnt graft, never mind your pampered hands with skin cream for the cameras.  Could any of you wankers change a light bulb  Or do you pay a bloke for that?

You are just about to find owt what real value actually means, and none of you parasite fucking child molesting cunts know what the fuck I am talking about.

Easy fucking meat is all you are, and you is going to find owt just how fucked off, some of us are.

Pass that on NSA, GCHQ, and join the fucking queue. 

Cunts

:-)

Sat, 07/18/2015 - 17:22 | 6327798 sagitarius
sagitarius's picture

hahaha few months more.

Sat, 07/18/2015 - 17:38 | 6327821 The Count
The Count's picture

...meanwhile in London...one step closer to a police state.

Cameron now wants to severly curtail any right to strike. One of his goons recently proposed a law to muzzle internet free speach. All in the name of "politically correct" language.

London is the center of the NWO. The UK is facist police state. Say anything against the queen and you are in trouble. The royals together with the Jewish money aristocracy control the country via the Bank of England. The banksters took over while you were asleep. You cannot even legally carry a pocket knife with a locking folding blade. So much for free citizens. And don't think for one second that Labour party would do anything different. Two sides of the same coin my friends, just like in the U.S.

Sat, 07/18/2015 - 18:17 | 6327932 Inthemix96
Inthemix96's picture

They better pop right up here to Newcastle-Upon-Tyne and shut my mouth then Count.

You really think at this stage of the game, after all we have collectively learned and now know, you are going to shut me up?

Good luck with that you fucking child molesting fucking imbeciles.

Come and fucking get some, I am here all fucking night.  Bring your child molesting protecting mates with you.  Not you mind Count, those perverts that watch, heres looking at you NSA, GCHQ, bunch of filthy bastards.

;-)

Sat, 07/18/2015 - 19:40 | 6328076 lakecity55
lakecity55's picture

Not blaming you, ITM, but your folks were stupid to give up their guns.

The last stats I saw showed the US citizenry had a number of arms equal to India + China.

If The Shit Goes Down, they will find a Righteous Man defending his town and family is worth about 20 paid goons.

Also, their "plan" to disarm vets will backfire, since those guys are already pissed off. Add to that the military is now Gay, and you have an even battlefield. Of course, I expect the Bath House to drop all kinds of chemical warfare agents, so everyone should hook up with a mask.

Sat, 07/18/2015 - 17:39 | 6327834 who cares
who cares's picture

Everything has started from the US where in 2009 it was decided to cure debt with debt. So we are now accusing all the countries that have followed and bettered the leader and fail because of thet. Had the USA shown true leadership we would not be in this situation. So now we will wait a little more for the leader in debt to fail at its turn. Buy gold and silver now that is on sale! 

Sat, 07/18/2015 - 18:05 | 6327900 yellowsub
yellowsub's picture

We might be better off if some AI goes rogue and becomes our overlords, at least they can develop a conscience.

Sun, 07/19/2015 - 08:07 | 6329113 shouldvekilledthem
shouldvekilledthem's picture

There are an awful lot of developments which forecast Kurzweil's dream (or nightmare) to materialize.

Sat, 07/18/2015 - 18:41 | 6327976 Porous Horace
Porous Horace's picture

I will wait to judge this situation until I hear what Jim Cramer has to say about it.

Sat, 07/18/2015 - 19:27 | 6328028 lakecity55
lakecity55's picture

And yet another plot of the Zionist Bolsheviks brought to light:

 

http://nypost.com/2015/07/18/obama-has-been-collecting-personal-data-for...

 

"Bath House creates secret Race Database. Demands it is place before he "leaves office," whatever that means.

Practical Effect: "They is too many YTs in this subdivision. You four families have to relocate to a nice reservation we built in the Sonora Desert for you. You other two families had these yard signs for me in 2008 according to these Bloogle street photos. You can stay...for now..."

Sat, 07/18/2015 - 19:20 | 6328036 Atomizer
Atomizer's picture

2013 blow up. Learn history 

Published on Jul 22, 2013| Max Keiser with George Galloway, absolutely magnificent. 

http://m.youtube.com/watch?v=Wn_x_SNH5UE


 

Sat, 07/18/2015 - 19:25 | 6328048 q99x2
q99x2's picture

Ok so who are the group of billionaires that are going to pay for the mercenaries necessary to restore law and order?

Sun, 07/19/2015 - 14:08 | 6329735 Baa baa
Baa baa's picture

I am certain Trump will have no trouble getting a loan.

Sat, 07/18/2015 - 19:41 | 6328057 ThrowAwayYourTV
ThrowAwayYourTV's picture

Just wanted to report about my experience with the TRUMP visit to New Hampshire on Thurday evening.

First: Donald arrived at the local small lakes region airport around 5ish pm in a beautiful highly polished Citation X.

He walked directly from the plane into the terminal conference room to meet with a dozen or so mucky mucks.

After a short while he walked back out into the terminal and was greeted by a standing room only crowd.

He shook hands, talked and took selfies before leaving to the Lakes Region conference building a few miles away.

I wanted to go there but when I arrived the place was packed and I didn't feel like parking 3 miles away.

After his speech at the conference center he returned to the airport and actually invited everyone in the terminal to sit down and watch tv with him. Then around 8PM made a telephone interview with the Riley Report. Shortly after, he shook more hands, looked and acted very comfortable around the locals, then boarded his Jet.

Since then EVERY ONE I talk to around here is impressed and are saying "no doubt they are going to vote for him."

My opinion is, YES! He is real. I just hope the skeletons in his closet arent.

I personally countinue to be a T-CRUZ guy. But! There is still a year and a half left after all.

Sat, 07/18/2015 - 20:37 | 6328167 Atomizer
Atomizer's picture

We told you so. Winks. Trump is a honest guy who made mistakes. We all have made errors in our lives. We're voting for Trump.

Only two votes. Mrs Atomizer adores Trump. We use to watch him on CNBC Trump Tuesday, then stopped watching the morning Squawkbox show under utter bullshit. I'll never forget when Adam showed up late to the set. Also, CNBC went on a 10 minute commercial break after Joe and Adam had a meltdown. 

Adam is a liberal NYT piece of shit. We stopped watching in morning. 

Sat, 07/18/2015 - 23:58 | 6328664 lakecity55
lakecity55's picture

Who is unlike any of the Others?

Go Trump!

Sat, 07/18/2015 - 19:34 | 6328064 Herdee
Herdee's picture

I'm not religious myself but I know that a great deal of people in The United States of America are.The founders of The Constitution were all against usury.It is an expression that comes from The Old Testament.The economic system we have today violates all three major religions that have Abraham as our common ancestor.That's the Muslim, Christian and Jewish faiths.This just isn't a fight that those of us that follow economics are standing up against.Religious people of all faiths need to take a stand and start speaking out against a corrupt banking system called The Federal Reserve which needs to be abolished.This is what Ron Paul has mentioned.It is destroying the earth and all of us here know that the way we are going as a society which is destroying the environment on behalf of bankers and corporations just to keep up a crooked stock market is essentially evil.We have a sytem of banks that has essentially taken control of all Governments and keeps taxpayers impoverished through charging interest in order to make them all rich.Often bankers will eventually encourage and finance countries to go to war to serve their usury purposes.

http://www.newadvent.org/cathen/15235c.htm

https://en.wikipedia.org/wiki/Usury

http://www.openbible.info/topics/usury

http://www.al-islam.org/greater-sins-volume-1-ayatullah-sayyid-abdul-hus...

http://www.onislam.net/english/ask-about-islam/faith-and-worship/aspects...

Sat, 07/18/2015 - 19:43 | 6328083 ThrowAwayYourTV
ThrowAwayYourTV's picture

Obviously something in the background.

Sat, 07/18/2015 - 19:48 | 6328098 smacker
smacker's picture

That's what I thought initially, but closer inspection suggests otherwise.

It merges so well that I suspect the image has been photoshopped.

Sat, 07/18/2015 - 19:37 | 6328074 Chuck Knoblauch
Chuck Knoblauch's picture

Selling food and water for banster hides after the collapse.

Sat, 07/18/2015 - 19:57 | 6328113 Lin S
Lin S's picture

Can't help but wonder if, once the international bankers are finished with the US and it no longer serves their purposes or globalist designs, they simply move on to Eurasia or whoever emerges as the rising power in the world, leaving American politicians behind with no lifeboat, to end up like Mussolini did once he was finally caught by an angry populace.

Sat, 07/18/2015 - 21:21 | 6328317 Atomizer
Atomizer's picture

They will migrate to Africa. China has already rounded up many rare earth metals. Thanks to the Greenspan Federal Reserve housing crisis and Timothy Geithner TARP bank bailout. We repackaged our debt to be purchased by China. 

Have a look at the African Airport. Kidding, already build. Obama's monkey relatives can move there hut down the street. 

CHINA HELPS BUILD KENYAN SUPER-HIGHWAY ...

Sat, 07/18/2015 - 20:43 | 6328129 Arthur Schopenhauer
Arthur Schopenhauer's picture
.
Sat, 07/18/2015 - 20:50 | 6328248 fancyfree
fancyfree's picture

In this article, Chris Martenson says that everyone is catching onto the scam, without spelling out precisely what the scam is.  The scam is that the bankers owe the Global Debt Facility, a trust established at the end of WWII that contains the world's monetary gold reserves, as well as 2 quadrillion in Treaty of Versailles bonds, more than the countries owe them in debt.  https://s3.amazonaws.com/khudes/treaty+of+versailles+offer+of+sale+2+quadrillion1.pdf  The Board of Governors of the World Bank and IMF administer the Global Debt Facility, and at their Spring Meetings the Board of Governors of the World Bank and International Monetary Fund placed the Bank for International Settlements into receivership in the Global Debt Facility.  https://s3.amazonaws.com/khudes/Twitter4.19.15.pdf  As more and more people catch onto the scam, they are calling their Executive Director at the World Bank to end this charade, and to replace the paper currencies with currencies of gold from the Global Debt Facility, on which no usurious interest is owed.  The bankers, illegally trying to dominate the World Bank, are losing their grip.  In a desperate last-ditch effort, the World Bank webmaster moved the contact information for the Executive Directors from the World Bank's home page to a location hidden from the site's search engines.  How likely are the Greeks going to accept the deal cut by their new Minister of Finance?   Heather D. Gibson, a Scottish economist currently serving as Director-Advisor to the Bank of Greece, is the wife of Greece's new Minister of Finance  (Tsakalotos).  https://s3.amazonaws.com/khudes/Twitter7.17.15.pdf

Sun, 07/19/2015 - 14:03 | 6329723 Baa baa
Baa baa's picture

No offense, but I have been reading and hearing about an imminent financial/currency collapse since about 2009. What does it take to bring reason and fundamentals back to our markets or have it go ahead and just fail. I have been hearing of this pending disaster for long enough and am getting immune to cries of danger.

We all surely know the story of "The Boy Who Cried Wolf", are we being conditioned to believe nothing? That has already come to pass.

Sat, 07/18/2015 - 22:30 | 6328491 lakecity55
lakecity55's picture

The Time has come to Shun the Zionist.


Sat, 07/18/2015 - 23:56 | 6328658 lakecity55
lakecity55's picture

1 Man. One Country.

TRUMP!

Sun, 07/19/2015 - 00:06 | 6328675 dexter_morgan
dexter_morgan's picture

All Hail Caesar

https://www.youtube.com/watch?v=Fptue_EaMjw

You need eyes in the back of your head boy,
Or you're dead.

Sun, 07/19/2015 - 01:32 | 6328777 Nexus789
Nexus789's picture

The financial fraud system will collapse when the real economy grinds to a halt. A parasite can only exist for so long before it kills its host.

Sun, 07/19/2015 - 08:14 | 6329123 shouldvekilledthem
shouldvekilledthem's picture

Sadly, we are the host.

Mon, 07/20/2015 - 09:00 | 6332004 hvl626
hvl626's picture

 

It all starts with the FRBNY embezzling $3 billion daily from the accounts they exclusively handle for the auction sales of Treasury securities. Ref. 31 CFR 375.3.  The accounts have NEVER been audited.

 

Ref. http://www.scribd.com/doc/153024003/Amended-Complaint-Federal-Reserve-whistleblower

 

Those funds are then used by Wall Street. Ref. http://farmwars.info/?p=12078      FUNDING THE NEW WORLD ORDER

 

The U.S. has a fraudulent $18 trillion debt managed by the same Wall Street financiers. Are you ready for austerity ??

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