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Britain's Foreign Office Prepares For Riots In Europe; Sees Euro Collapse "When, Not If"

Tyler Durden's picture




 

As every major developed economy hits Bass's Keynesian Endgame, the status quo is set to change dramatically. Nowhere is this climax playing out louder than in Europe and the implicit solution of Germany-uber-alles (while seemingly inevitable though nevertheless lengthy in execution) is likely to not sit well with many of the EMU nations. To wit, The Telegraph today reports that Britain's Foreign Office is advising its overseas embassies to draw up plans to help expats should the collapse of the Euro turn explosive. Almost incredibly, a senior minister has revealed that Britain is now planning on the basis that a euro collapse is matter of time.

The Telegraph: Prepare for riots in euro collapse, Foreign Office warns

British embassies in the eurozone have been told to draw up plans to help British expats through the collapse of the single currency, amid new fears for Italy and Spain.

 

As the Italian government struggled to borrow and Spain considered seeking an international bail-out, British ministers privately warned that the break-up of the euro, once almost unthinkable, is now increasingly plausible.

 

Diplomats are preparing to help Britons abroad through a banking collapse and even riots arising from the debt crisis.

 

The Treasury confirmed earlier this month that contingency planning for a collapse is now under way.

 

A senior minister has now revealed the extent of the Government’s concern, saying that Britain is now planning on the basis that a euro collapse is now just a matter of time.

 

“It’s in our interests that they keep playing for time because that gives us more time to prepare,” the minister told the Daily Telegraph.

 

Recent Foreign and Commonwealth Office instructions to embassies and consulates request contingency planning for extreme scenarios including rioting and social unrest.

 

Greece has seen several outbreaks of civil disorder as its government struggles with its huge debts. British officials think similar scenes cannot be ruled out in other nations if the euro collapses.

 

Diplomats have also been told to prepare to help tens of thousands of British citizens in eurozone countries with the consequences of a financial collapse that would leave them unable to access bank accounts or even withdraw cash.

 

Fuelling the fears of financial markets for the euro, reports in Madrid yesterday suggested that the new Popular Party government could seek a bail-out from either the European Union rescue fund or the International Monetary Fund.

 

There are also growing fears for Italy, whose new government was forced to pay record interest rates on new bonds issued yesterday.

 

The yield on new six-month loans was 6.5 per cent, nearly double last month’s rate. And the yield on outstanding two-year loans was 7.8 per cent, well above the level considered unsustainable.

 

Italy’s new government will have to sell more than EURO 30 billion of new bonds by the end of January to refinance its debts. Analysts say there is no guarantee that investors will buy all of those bonds, which could force Italy to default.

 

The Italian government yesterday said that in talks with German Chancellor Angela Merkel and French President Nicolas Sarkozy, Prime Minister Mario Monti had agreed that an Italian collapse “would inevitably be the end of the euro.”

 

The EU treaties that created the euro and set its membership rules contain no provision for members to leave, meaning any break-up would be disorderly and potentially chaotic.

 

If eurozone governments defaulted on their debts, the European banks that hold many of their bonds would risk collapse.

 

Some analysts say the shock waves of such an event would risk the collapse of the entire financial system, leaving banks unable to return money to retail depositors and destroying companies dependent on bank credit.

 

The Financial Services Authority this week issued a public warning to British banks to bolster their contingency plans for the break-up of the single currency.

 

Some economists believe that at worst, the outright collapse of the euro could reduce GDP in its member-states by up to half and trigger mass unemployment.

 

Analysts at UBS, an investment bank earlier this year warned that the most extreme consequences of a break-up include risks to basic property rights and the threat of civil disorder.

 

“When the unemployment consequences are factored in, it is virtually impossible to consider a break-up scenario without some serious social consequences,” UBS said.

 

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Sat, 11/26/2011 - 20:19 | 1916304 CrockettAlmanac.com
CrockettAlmanac.com's picture

Ummm, Buxomborg. Kinda like Seven of Nine.

Sun, 11/27/2011 - 14:26 | 1917027 xcehn
xcehn's picture

Merkel is deluded.  She'll say almost anything to calm the markets, but beneath that veneer of phony control, she is scared shitless.

Sat, 11/26/2011 - 16:40 | 1915804 Pretorian
Pretorian's picture

How about looking for riots in UK. London ethnic group composition, good luck with riots this time http://en.wikipedia.org/wiki/File:London_Ethnicity_2007.jpg

Sat, 11/26/2011 - 16:40 | 1915805 Haole
Haole's picture

"Awesome, totally awesome!" - Jeff Spicoli

Sat, 11/26/2011 - 16:40 | 1915810 ali-ali-al-qomfri
ali-ali-al-qomfri's picture

Drums of war my friends, CB's buying 'barbaric relics'? Warnings of chaos issued by world powers? Watch 'Secret of OZ' youtube vid, for a history of war, just follow the debt.

Sat, 11/26/2011 - 16:40 | 1915813 vast-dom
vast-dom's picture

Since all recent market manipulations and political machinations to date have been exercises in utter denial, it's a nice change to read the above.

 

How to keep calm and carry on in the face of Eurozone more at Global zombie apocalypse? 

Sat, 11/26/2011 - 17:48 | 1915986 Hansel
Hansel's picture

Quit the all bold posting.  What you have to say isn't any more important than what anyone else has to say, and you show your disrespect for everyone reading here when you do it.

Sat, 11/26/2011 - 18:09 | 1916029 vast-dom
vast-dom's picture

Profound apologies.

Sat, 11/26/2011 - 19:08 | 1916184 vast-dom
vast-dom's picture

It'd be wise to critique the content and not the font styles. I keep it bold for the curmudgeons and the haters so that they may avoid my posts that much easier.

Sat, 11/26/2011 - 21:08 | 1916388 Savvy
Savvy's picture

I read your posts because they're bolded. Just sayin

Sun, 11/27/2011 - 01:48 | 1916938 vast-dom
vast-dom's picture

that's cause ur savvy!

Sat, 11/26/2011 - 16:45 | 1915818 Zero Govt
Zero Govt's picture

i've been driving through Europe for over a year now and never have i seen more Police on the street doing more useless things (bullying and robbing tourists and everyday people)

today i drove through Bordeaux and there were State Police dressed more like Judge Dread than normal Police... the reason was about 300 students having a nice jolly peaceful protest in the city centre

Wakey wakey we're in a Police State ...and we're sponsoring it!

the only way to stop this rot, this Orwellian nightmare is to stop funding the State (to supress you)

Stop Paying Your Taxes . . . . sheeple

Zero Tax = Zero Govt = Zero Thugs (Police)

Sat, 11/26/2011 - 17:03 | 1915879 Spastica Rex
Spastica Rex's picture

Will we at least get a choice of for-profit thugs?

Sat, 11/26/2011 - 17:30 | 1915934 LeBalance
LeBalance's picture

Police State is self funded. they print the currency.

stop using the currency.

and how many will / can do that.

ball in your court, maestro.

lol.

Sat, 11/26/2011 - 17:36 | 1915959 Zero Govt
Zero Govt's picture

i'm already paying zero tax ..i'm working on offloading the currency for PM's 

how you doing?

Sun, 11/27/2011 - 00:55 | 1916868 TruthInSunshine
TruthInSunshine's picture

If enough people switch form BernankBux/Toilet Paper to real money, they'll make real money illegal to own. Again.

Sat, 11/26/2011 - 18:43 | 1916116 Dugald
Dugald's picture

You have not thought this through....When the Police take off their uniforms...they will still be thugs, and with no restraints, when you get what you wish for it may well come by the truck load.

Sat, 11/26/2011 - 22:06 | 1916508 Temporalist
Temporalist's picture

Yes but at least they will not be able to convince people they are anything other than thugs.  They will not be "officers of the peace" or "civil servants" or the like they'll be regular old broke ass nobodies.

Sat, 11/26/2011 - 23:59 | 1916748 SystemsGuy
SystemsGuy's picture

In tight economic times, thuggery is always a pretty much guaranteed profession. When the state can no longer pay the police, then the wealthy will still pay top dollar for thugs, with bright shiny uniforms and bright shiny guns. When civil order breaks down, they will still be paid, and will be paid to do what they like doing - busting heads, intimidating people, and if the situation is right, shoot people.

Hitler's Brown Shirts were initially thugs - soldiers from the previous war, desperate men that weren't very bright but were strong enough to intimidate. Hitler turned them into private guard, gave them uniforms and weapons and the mandate to beat up, harrass or even kill their biggest political rivals, the Austrian communists. Those who evince a particular talent for thuggery were later inducted into the SS.

My guess is that first in Europe, then in the US, private armies will be the next big employment opportunity. Most police are already ambivalent about the OWS movement, and the current military veteran has seen too much of it in the last decade to feel a lot of patriotism to his or her government. This means that companies like Blackwater (sorry, Xe), and KBR stand to make a killing providing thugs for hire, and they will have no reason for restraint and no compunction about violating posse commitatus.

Sat, 11/26/2011 - 16:44 | 1915822 Yellowhoard
Yellowhoard's picture

Time to ride the bomb.

 

http://www.youtube.com/watch?v=JlSQAZEp3PA

Sat, 11/26/2011 - 19:01 | 1916167 Sudden Debt
Sudden Debt's picture

Oh my god, they finally did it!

http://m.youtube.com/#/watch?v=Ba7qTvBJnQY

Sat, 11/26/2011 - 16:45 | 1915823 apberusdisvet
apberusdisvet's picture

TBTF here will be a problem; get bulk of money out now; ATMs will probably not work; better to be safe than sorry.

Sat, 11/26/2011 - 16:48 | 1915827 Its_the_economy...
Its_the_economy_stupid's picture

Italian, Spanish, Portuguese and Greece cityizen's will rum to gold.

Sat, 11/26/2011 - 16:50 | 1915835 ali-ali-al-qomfri
ali-ali-al-qomfri's picture

Rum or Gold either is a store of value.

Sat, 11/26/2011 - 16:51 | 1915840 Lord Welligton
Lord Welligton's picture

will rum to gold

Rum to Gold?

Is that the new Alchemy?

Sat, 11/26/2011 - 17:06 | 1915887 CPL
CPL's picture

If you want rum, eventually you'll buy it with anything.  Gold...food...silver...bullets.

Sat, 11/26/2011 - 17:14 | 1915906 Lord Welligton
Lord Welligton's picture

And if one where that desperate one could always distill ones own.

No Government = No ban on distilling.

Sat, 11/26/2011 - 17:53 | 1915994 CPL
CPL's picture

Agreed if we don't make the distinction between bad rum and good rum.

As men we all have that friends that brews their own beer and swears by it.  Pity the man drinking from his fridge though.  I've had some fairly bad home brew before, as we all have at least once in our lives.  Or we've been to the wedding with the brew your own wine, the heart burn has never been sweeter than the anti-freeze which cured the wine.

Sat, 11/26/2011 - 19:43 | 1916251 blunderdog
blunderdog's picture

You can get vodka or Irish whiskey out of ANYTHING that rots.  They're both triple-distilled.

Three distallation passes and the ethyl/water azeotrope won't carry the leftover impurities or flavor of the garbage you fermented.

Sat, 11/26/2011 - 18:53 | 1916141 NuckingFuts
NuckingFuts's picture

http://puredistilling.com/

The Aussies make this stuff but not for export. The US made stills look OK too. The world might come to an end but that doesn't mean I have to be sober for it.

Sun, 11/27/2011 - 06:21 | 1917099 krispkritter
krispkritter's picture

http://homedistiller.org/ Great resources. 

Sun, 11/27/2011 - 12:08 | 1917492 flattrader
flattrader's picture

I homebrew and come from a long line of bootleggers.

It's good to have a skill.

Sat, 11/26/2011 - 18:00 | 1916006 Sudden Debt
Sudden Debt's picture

Never heard of it befrore, BUT I WANT A BOTTLE OF IT AND 2 MORE TO GO!!!!

Sat, 11/26/2011 - 17:14 | 1915908 english serf
english serf's picture

Rum and coke yea!

Sat, 11/26/2011 - 18:47 | 1916128 Dugald
Dugald's picture

Rum and Milk....Moreton Bay Porridge......an aid to navigation...!!

Sat, 11/26/2011 - 16:48 | 1915829 Conrad Murray
Conrad Murray's picture

It can never happen to me.

Sat, 11/26/2011 - 16:53 | 1915846 GeneMarchbanks
GeneMarchbanks's picture

Me neither. What are we talking about now?

Sat, 11/26/2011 - 16:50 | 1915837 Franken_Stein
Franken_Stein's picture

Yawn.

Please wake me up when it actually happens.

 

The euro collapse is the telegraph's bread and butter.

For 12 (in words: twelve) years now they write about the imminent collapse of the euro.

They started this campaign long before Tyler & Co.'s Zerohedge even came into existence.

 

Ambrose has only written 2000 articles about the Euro.

I kid you not.

 

The funny thing is, Germany HAD TO agree to the Euro, it was forced onto us under allied command's rule (2+4 treaties of German reunification).

 

Oh by the way there was a guy called James Baker III, he was treasury secretary under Ronald Reagan and then became secretary of state.

He is a 33rd degree freemason, too.

 

He was heavily involved in these 2+4-treaty negotiations and it is said, that contrary to popular belief it wasn't Francois Mitterand, who pushed the Euro on Germany, but Mr. Baker.

 

Have Germans been asked in a referendum, whether they wanted it. Nope.

Allied rule (Übergangsgesetz) superseding German law.

 

Thank you very much indeed.

Sat, 11/26/2011 - 16:59 | 1915862 Lord Welligton
Lord Welligton's picture

The article was by James Kirkup, Deputy Political Editor.

Not Ambrose Evans-Pritchard.

For 12 (in words: twelve) years now they write about the imminent collapse of the euro.

 I don't think that is correct.

 They wrote of the flaws in the Euro construct.

 Though it is fair to say that now its imminent collapse is more imminent than it previously was.

Sat, 11/26/2011 - 17:02 | 1915878 Franken_Stein
Franken_Stein's picture

So DEFCON was lowered from "A little bit imminent" to "Outright imminent".

Am I getting this right ?

Sat, 11/26/2011 - 17:16 | 1915909 english serf
english serf's picture

Dont under estimate the germans militarily. They are like the brits. They like a ruck

Sat, 11/26/2011 - 17:17 | 1915912 Lord Welligton
Lord Welligton's picture

No I'm afraid you are not.

What is correct is that the currency was flawed from the start.

They could have, over the last decade, ironed out the flaws.

They chose not to.

Now they are making a monumental mess of what was a relatively small problem in 2008.

They fucked up.

It is that simple.

Sat, 11/26/2011 - 17:46 | 1915980 defencev
defencev's picture

I agree with that. Monstrous structure called Euro was not viable from the start. If they want to keep it, they either need to

have unified fiscal policy or monetize the debt through ECB. More precisely, they need to announce (and change the rules if necessary) that ECB will do what it takes to stabilize the bond market. In reality, it does not mean to buy all of European bonds, of course. Unfortunately, it seems what they try to do is to involve other jurisdictions in maintaining structure which simply is not stable and cannot exist without above mentioned changes. The worst that can happen if Federal Reserve start buying their bonds.

US  fiscal situation is much worse than overall European one and such an action would , indeed, lead to total collapse of financial system. Unfortunately, Obama and Bernanke may decide to do just that to save Obama Presidency (to the detriment of US future). In the absense of above mentioned actions Eurozone really should desintegrate. If Fed will restrain from further printing,

ensuing global recession will not effect the Dollar status of safe heaven of last resort....

Sat, 11/26/2011 - 17:39 | 1915947 Nom de Guerre
Nom de Guerre's picture

No. DEFCON has been lowered from "'Allo, what 'ave we 'ere?" to "Wot's all this, then?"

Sat, 11/26/2011 - 17:05 | 1915875 JustObserving
JustObserving's picture

Now Germany will have to agree to Quantitative Easing.  And Germans will have no say about that.  How many American troops on German soil?  80,000?

Where is German gold anyway?

Sat, 11/26/2011 - 17:33 | 1915944 Confused
Confused's picture

We have a winner!!!

 

As much as it pains me to say, there is a big American military presence in Germany. Hard to be soverign when the world police are always at your door. 

 

Sat, 11/26/2011 - 18:34 | 1916089 JustObserving
JustObserving's picture

Yes, the sovereign Bundesbank cannot tell you where German gold is stored except to say most of it is outside Germany.  Maybe they are not so sovereign after all:

http://www.youtube.com/watch?v=Z6Qo4qtuG_I

 

 

Sat, 11/26/2011 - 17:48 | 1915985 earleflorida
earleflorida's picture

j baker iii = pos, 'lord turd sandwich' - loves sending our kids off to war, 'over there',...

Sat, 11/26/2011 - 16:51 | 1915839 0321_GUY
0321_GUY's picture

WHat is the grand exposure of EMU to U.S. banksters??? If the euro blows it's load (I think it already has) then these zombie banks here are just as insolvent as their wicked european slut sisters. I say jump you f**kers

Sat, 11/26/2011 - 16:54 | 1915847 Reptil
Reptil's picture

Cameron was pushing to join the Euro, not so long ago. What was the purpose of joining a collapsing structure?

Some background information: http://www.economist.com/node/21536568

Sat, 11/26/2011 - 17:50 | 1915989 earleflorida
earleflorida's picture

this is a wholly-owned rothschild rag as is the london times - do some homework

Sat, 11/26/2011 - 18:04 | 1916014 CPL
CPL's picture

It used to be my favorite magazine at one point in time.  With Bush getting into office the tone of the magazine slipped over the end into copy/paste nonsense that anyone of the MSM outlets is offering. 

While slightly more verbose, the economist is now just one dim bulb among thousands, offering the same sterilized view point as every glossy manufactured meme on the shelf.  Sad really, there used to be things like investigative journalism, but like the idea of personal savings it's vanished as well.

Sat, 11/26/2011 - 16:55 | 1915850 manodedios
manodedios's picture

this collapse can't come soon enough. do it already... sigh.

Sat, 11/26/2011 - 17:01 | 1915851 Franken_Stein
Franken_Stein's picture

Therefore these articles by an American like Tyler, who absolutely has no idea about historical facts, since he only lives in his financial world of exchange rates, charts and FX swaps, add insult to insury for our German people.

 

The only thing that consoles me is that I know, that his beloved America itself is a colony, that the US itself has no sovereignty and is remote-controlled by Britain or more precisely the Queen.

 

Ever heard of the "Special Relationship".

Yeah, you probably thought that you Americans are the senior partner in it, right ?

 

Wrong.

Dead wrong.

Sat, 11/26/2011 - 18:00 | 1916008 GeneMarchbanks
GeneMarchbanks's picture

Your fear radiates through your post, which is precisely where they want you. By 'they' I mean the Anglo-banking cartel and by 'you' I mean German people.

How much the various Tyler(s) know about European history and culture I suppose is up for debate but one thing is certain. Germany, or specifically Germans need to decide on an identity. Either you're Germans or you're Europeons.

Sat, 11/26/2011 - 18:28 | 1916078 vocational tainee
vocational tainee's picture

Hey, mr. frank von stein,go and study history..

Sat, 11/26/2011 - 18:32 | 1916084 luna_man
luna_man's picture

 

 

Hey, "Franken_Stein", listen up, Tyler, represents my eyes and ears!

You want to talk "history", fine, I'm reading it...To be honest, I'm here for the Tyler view of the economy!...

 

DON'T TRY TO DOG MY MAIN MAN!!!!!!!!!!!!

Sat, 11/26/2011 - 18:56 | 1916151 jcaz
jcaz's picture

Umm yeah, cause you have such a firm grasp of history, Frank......

Facists have such open minds......

Go burn some more books.....

Sat, 11/26/2011 - 20:14 | 1916298 blunderdog
blunderdog's picture

All your posts "hint" at the vast knowledge you possess about what's really going on in the world.

Sadly, I've come to believe those hints are lies, as there's never any follow-through.  You never provide any actual information.

Sat, 11/26/2011 - 20:35 | 1916329 CrockettAlmanac.com
CrockettAlmanac.com's picture

Therefore these articles by an American like Tyler,

 

Scuttlebutt says Tyler is a native Bulgarian now living in New York.

Sat, 11/26/2011 - 21:29 | 1916426 Savvy
Savvy's picture

American like Tyler, who absolutely has no idea about historical facts

Know that for a fact do you? I'd say Tyler has a better grasp of history and world politics (with a healthy dose of concern) than anyone I know.

You're a very typical squarehead. Just sayin.

Sun, 11/27/2011 - 03:42 | 1917024 manodedios
manodedios's picture

forget about putting this on a certain race or nationality, this is global. regardless where you are, it's going to hit you. i'm not even 100% ready, no one is, and can't be. the world needs an organic natural cleansing of financial markets, and only way that to happen is the collapse itself. hurry for fuck's sake...

Sun, 11/27/2011 - 04:02 | 1917031 Joseph Jones
Joseph Jones's picture

Ever hear first Sec. of State H. Clinton then shortly after Pres. Obama declare our "unbreakable bond" with Israel (i.e. the Rabbis)?

How does "special relationship" rate vs. "unbreakable bond"? 

Sat, 11/26/2011 - 17:00 | 1915852 navy62802
navy62802's picture

How about all Brit expats just convert their paper Euros to physical gold and silver until the storm passes. Or just convert their accounts to British Pounds before the Euro collapses. After all, isn't that the currency the Brits will turn to when the Euro goes away?

-------------------------------

“It’s in our interests that they keep playing for time because that gives us more time to prepare,” the minister told the Daily Telegraph.

It's funny. I've been saying this about the US fiscal situation for quite a while now. The longer they delay the inevitable, the longer I have to prepare and protect my assets. It is not good that this line of thought is becoming mainstream.

Sat, 11/26/2011 - 16:56 | 1915853 TK7936
TK7936's picture

Wierd, thought the Riots were in London already....

Sat, 11/26/2011 - 16:59 | 1915865 Seasmoke
Seasmoke's picture

that was just an appetizer

Sat, 11/26/2011 - 17:14 | 1915907 CPL
CPL's picture

Wait for monday.

Sat, 11/26/2011 - 20:37 | 1916334 CrockettAlmanac.com
CrockettAlmanac.com's picture

London anxiously awaits the sophomore effort by the Riots.

Sat, 11/26/2011 - 16:57 | 1915855 Antifaschistische
Antifaschistische's picture

ARE YOU KIDDING ME!!!  Have you been to England lately! Wait...the Britain Foreign Office should consist of people who've been to England.

The British need to figure out how to get the non-pats off their island long before they attempt to figure out how to get the x-pats back on!

All European countries (and England) need a serious attempt at repatriation of natives and a thorough flushing of the human imports over the past three decades.

Just a humble Yankee thought...

ps..I don't have a racist bone in my body so don't take my comments as such.

Sat, 11/26/2011 - 16:57 | 1915858 Royal Fleming
Royal Fleming's picture

Any of you losers who continuously post shit from youtube to make a point will be the first to be considered cannon fodder..because the first thing to go will be internet..you'll be bumpin dickheads in the street, with no direction and no drive to even take care of yourselves..

Sat, 11/26/2011 - 17:01 | 1915873 non_anon
non_anon's picture

snivel

Sat, 11/26/2011 - 17:09 | 1915897 Global Hunter
Global Hunter's picture

I think the adults in the Black Friday scrums at midnight to get xbox3s and ever more flat screen tvs will be considered cannon fodder long before people who post youtube links on this website will.

http://www.youtube.com/watch?v=AzjUcfRLVms

Sat, 11/26/2011 - 17:00 | 1915867 non_anon
non_anon's picture

about fucking time, let's get this show on the road!

Sat, 11/26/2011 - 17:23 | 1915924 Ruffcut
Ruffcut's picture

Show's already been on the wrong fucking road, in and out of the ditch and headed off the cliff.

Sun, 11/27/2011 - 00:47 | 1916850 Cathartes Aura
Cathartes Aura's picture

lol, thanks for the visual.

Sun, 11/27/2011 - 06:34 | 1917107 krispkritter
krispkritter's picture

And am I the only one who thinks the trip is going to be a long, slow downhill ride?

http://www.youtube.com/watch?v=ckAwT9AkRgE

Oh damn, there I go posting YT links...time to line up for fod duty...

Sat, 11/26/2011 - 17:00 | 1915869 I am Jobe
I am Jobe's picture

Sheeples are busy with putting up their  Christmas Tree and whining about Football games

Sat, 11/26/2011 - 17:02 | 1915876 hungarianboy
hungarianboy's picture

Europe is one thing but keep an eye on the british pound. Looks to me that it will drop like 350 pips on Monday or tuesday.

Sun, 11/27/2011 - 09:41 | 1917207 pufferfish
pufferfish's picture

That was already anticipated :http://www.bbc.co.uk/news/business-15908514 "

"Treasury to subsidise small business loans"

 

Which begs the question:  Whats happened to the £74bn in UK bailouts that were supposed to "get banks lending again".

http://www.huffingtonpost.co.uk/2011/10/06/bank-of-england-to-buy-75_n_9...

 

George clearly isnt being listened to by RBS Barclays etc... And there's now a press release to back it up.

The situation begs a lot of questions...

 

Sat, 11/26/2011 - 17:02 | 1915877 LookingWithAmazement
LookingWithAmazement's picture

Belgium has a new government. Crisis over.

Sat, 11/26/2011 - 17:06 | 1915886 navy62802
navy62802's picture

Only a financial mushroom cloud will mark the end of this crisis. That's the only way to excise the global financial cancer by which we are presently striken. This is the reality which people willfully refuse to see.

Sat, 11/26/2011 - 17:56 | 1916002 hungarianboy
hungarianboy's picture

"Belgian budget agreement not enough" Source: http://www.nu.nl/economie/2678605/belgisch-begrotingsakkoord-niet-voldoende.html

 

AMSTERDAM - The Belgian budget agreement is not sufficient to rising interest rates on Belgian bonds to fall. Only the European Central Bank (ECB) and European Commission can do.

Thus, the Belgian economist Paul de Grauwe Saturday against the Belgian Radio 1.
According to the economist will agree that Belgium is only "little less in sight runs.The financial markets are still not calm down and sit in a dynamic of rapidly risingprices.
He draws a comparison with ItalyThe new Chief Mario Monti announced immediatesavings after taking officebut the interest just kept rising.
by Ascent
According to De Grauwe, Belgian interest whatsoever Monday when opening themarket to rise again normal.
The economist has his hopes in the ECB. "The European Central Bank must take action, and announce that she will work to unlimited firepower to stop the panic selling."

Translated with google translator.... http://www.gstatic.com/translate/buttons6.png); background-attachment: initial; background-origin: initial; background-clip: initial; background-color: initial; opacity: 0.667; margin-top: -3px; vertical-align: middle; background-position: -94px -3px; background-repeat: no-repeat no-repeat;"> 

 

 

 

Sat, 11/26/2011 - 17:06 | 1915885 Snakeeyes
Snakeeyes's picture

No kidding! The Sick Seven problem is growing. And SOMEONE will get stuck with the tab!

http://confoundedinterest.wordpress.com/2011/11/25/europes-sick-sevens-s...

Sat, 11/26/2011 - 18:07 | 1916024 CPL
CPL's picture

7?

 

More like 12.  With the rest of them on the razors edge.

Sat, 11/26/2011 - 17:07 | 1915888 buzlightening
buzlightening's picture

Fiat paper currency imploding.  I'll act surprised.  Electronic shuttering of access to monopoly money.  We the people getting jiffy lubed by the western bankstering mark to fantasy black magic illusion.  Triple A stamped debt/bonds by three stooges of rating agencies all bought and paid for by banksters to rubber stamp worthless junk.  So getting prepared economically for the long pole ram job up the tail isn't lunacy but common sense.  Wow!  Never would have thunk in a spend your way to prosperity  mark to fantasy world.  Next the PTB will be telling us to avoid getting drowned we swim deeper to breathe easy.  What a cluster flocking group of black hearted vampire squids behind the curtain.  The OZ fraud.   For ameriCON'd this is fitting.  Money talks I can't deny; heard it once it said good-bye.  Bag holders of worthless failed debt.  Risk must be spread sufficiently through the populaces by the banksters or the plug wouldn't be pulled on the Ezero. 

Sat, 11/26/2011 - 18:47 | 1916130 Lord Welligton
Lord Welligton's picture

Electronic shuttering of access to monopoly money.

Coming very shortly.

And the People will say "what is money?"

And the Government will say "I am money. Obey or starve".

MF Global.

Where is the money?

Sat, 11/26/2011 - 17:08 | 1915892 Snakeeyes
Snakeeyes's picture

Italy is just the tip of the iceberg. And wait for the world to wake up and realized the US has even MORE DEBT than Europe!

http://confoundedinterest.wordpress.com/2011/11/25/italian-bond-auctions...

Sat, 11/26/2011 - 17:12 | 1915902 zippy_uk
zippy_uk's picture

So not true. We have full confidence in Barroso, Rompoy, Monti + CO. In fact there is some rare behind the scenes footage of these guys getting on top of these problems and getting things done. Nothing to worry about. We are all (globally) in good hands

http://www.facebook.com/l.php?u=http%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DvVoT6zRKwwk&h=BAQH2Sh0HAQF60xgh__6OfQIgSwh7myPgNqEE-6TyHU7rvA

Sat, 11/26/2011 - 17:16 | 1915904 Franken_Stein
Franken_Stein's picture

If you Americans think that you are not the poodle of Britain, then I want to ask you, what all these wars that your troops are fighting overseas, ever brought you, other than collective hatred, G.I.s returning in body bags and trillions in costs ?

 

Has America become independent from oil imports ?

Has your image and standing in the world improved by these wars ?

Has the warfare improved or worsened your national debt situation ?

 

So you see there is no benefit for America in these wars.

Yet your politicians engage in these military adventures.

 

Gee, I wonder why that is.

Maybe because decisions aren't made in Washington but somewhere else ?

Sat, 11/26/2011 - 17:56 | 1915996 dr.charlemagne
dr.charlemagne's picture

quit your crying. The fact is that your welfare state is collapsing in before the US version. It a matter of bad socialist policy, not who is whose lap dog.

Sat, 11/26/2011 - 18:48 | 1916132 lindaamick
lindaamick's picture

I thought Israel was the boss (of the US).

Sat, 11/26/2011 - 20:42 | 1916341 CrockettAlmanac.com
CrockettAlmanac.com's picture

Hello, boneheads. This is your favorite enemy. How are all you orphans of the Pacific? Are you enjoying yourselves while your wives and sweethearts are running around with the 4Fs in the States? How do you feel now when all your ships have been sunk by the Japanese Navy? How will you get home?

Sun, 11/27/2011 - 04:20 | 1917046 Joseph Jones
Joseph Jones's picture

The USA is overwhelmingly a self-described "Christian" nation.  (For this conversation, we'll ignore the fact that Scripture knows only of Christian people and no Christian "thing" including a country).  A better word to describe us is a nation of Churchianists.  

Largely the reason we fight these wars is because the god-forsaken Pastors and Priests tell the masses that god blesses them and the nation glorifies them for fighting to defend the nation for God's truth, justice, and the AMRKN way.  As insane as it sounds to any thinking person, these Pastors say that God is glorified by them fighting these wars.  I was there when a scum bag Pastor told his flock several months ago to come around and bless this guy wearing desert camos because he was leaving to go battle: "May god bless your aim to be sharp, may your bombs drop crisply to kill the enemy...it's OK if you kill Christian babies suckling their mother..." 

These Satanic pastors glorify war and death and killing, thereby their flocks follow their lead.  

Martin Luther nailed his complaints to the church door.  Only seven years later he signed death warrants against the Ana-baptists for "worshipping" in private away from the peado-baptists (Plato was the first to establish the death penalty for worshipping in private).    

Sat, 11/26/2011 - 17:17 | 1915911 KIPPY KAPPSLOCK
KIPPY KAPPSLOCK's picture


http://youtu.be/YW6aGLctXAg

 

Iron Maiden..... ACES HIGH

Feel good music.   

Sat, 11/26/2011 - 17:18 | 1915914 The_Euro_Sucks
The_Euro_Sucks's picture

Lol, they should also make preparations before the Pound collapses. Same shit different currency name

Sat, 11/26/2011 - 17:30 | 1915939 Lord Welligton
Lord Welligton's picture

Same shit different currency name

Wrong.

The UK has its own Central Bank.

There are 17 countries in the Eurozone, and they can't agree shit.

Sat, 11/26/2011 - 17:49 | 1915988 The_Euro_Sucks
The_Euro_Sucks's picture

Congrats that makes it even easier to print. As far as I know inflation runs way higher in the UK then the EU. As far as I am concerned, the less agreement with politicians the better. Hell Id be happy if they just take leave with full pay as long as they do nothing. Usually better compaired to them doing stuff.

Sat, 11/26/2011 - 17:21 | 1915919 Dick Darlington
Dick Darlington's picture

“When the unemployment consequences are factored in, it is virtually impossible to consider a break-up scenario without some serious social consequences,” UBS said.

Typical banker bs. Unemployment HAS ALREADY exploded in many of the economic prison member states. Spain over 20%, Greece almost 20%, Ireland and Portugal roughly 15% etc etc. Euro has been and is a MASSIVE FAILURE and the monetary union MUST be broken up rapidly. No more bail out, no more undemocratic leaders, no more Mercozy dictatorship, no more insolvent banks and states begging for other peoples money. DISINTEGRATION, bitchez!

Sat, 11/26/2011 - 18:07 | 1916025 Lord Welligton
Lord Welligton's picture

"Youth" unemployment in Spain is at 40%. That's under 25s.

They will, as they will in Ireland, continue to come out of "college" with their useless "degrees".

The useless qualifications exist (existed) for one purpose only.

To mask the structural unemployment problem created by the World Trade Organisation.

Which is a branch of Goldman Sachs.

In short.

With WTO rules there are no jobs in the West.

Plain and simple.

Time to unwind the WTO.

Sat, 11/26/2011 - 18:10 | 1916035 earleflorida
earleflorida's picture

let's hear it for the 'multinational's & free trade' for everyone

 thankyou clinton's

Sat, 11/26/2011 - 17:23 | 1915922 aleph0
aleph0's picture

 

 

Is this the UK's revenge against Schäuble saying "The Pound will have to join the Euro" I wonder ?
;-)

Sat, 11/26/2011 - 19:40 | 1916247 falak pema
falak pema's picture

well the british foreign office is run by people who think that the natives across the channel will never learn to keep a stiff upper lip as they never learnt cricket.

Sat, 11/26/2011 - 17:33 | 1915927 Franken_Stein
Franken_Stein's picture

In case you don't know, but the motto of the 33rd degree of Freemasonry is:

 

Ordo ab chao - Order arising from chaos.

 

First you create the chaos and mess, and then you offer the solution to it, your solution.

A new order.

 

They did it with:

WW1 (1914-1918) -> Founding of the League of Nations (1920),

                             Founding of the Soviet Union (1922)

WW2 (1939-1945) -> Founding of the U.N. (1945)

 

Actually in Albert Pike's 1871 book "Morals and Dogma of the Ancient and Accepted Scottish Rite of Freemasonry" you can read that Freemasons were heavily involved in bringing about the French Revolution.

 

Just read it for yourself (Ctrl+F: French Revolution)

http://www.gutenberg.org/cache/epub/19447/pg19447.html

 

I quote:

"Masonry early comprehended this Truth, and recognized its own enlarged duties.

Its symbols then came to have a wider meaning; but it also assumed the mask of Stone-masonry, and borrowed its working-tools, and so was supplied with new and apt symbols.

It aided in bringing about the French Revolution, disappeared with the Girondists, was born again with the restoration of order, and sustained Napoleon, because, though Emperor, he acknowledged the right of the people to select its rulers, and was at the head of a nation refusing to receive back its old kings.

He pleaded, with sabre, musket, and cannon, the great cause of the People against Royalty, the right of the French people even to make a Corsican General their Emperor, if it pleased them."

Sat, 11/26/2011 - 17:52 | 1915993 Iwanttoknow
Iwanttoknow's picture

Dude you are good.post more.

Sat, 11/26/2011 - 19:37 | 1916225 falak pema
falak pema's picture

I love these pseudo researched post-event theories, Harry Potter tales,  alike Michael Jackson's brilliant pop opera "thrilla", based on the ill wind of current social tipping point events; as the mood to chill and cheap thrill people is psychologically right. History is now becoming rewritten by renewable wind mills churned up by valiant Don Quixotes who keep riding at them like latter day revisionists, reinventing chivalry, nailing the bad guy as the conspiracy clown from pentagram land. Ride on Sancho. 

Obscurantism and pseudo conspiracy go hand in hand. We don't need them to understand power plays where the motivations are much simpler and less deterministic. 

Sat, 11/26/2011 - 21:57 | 1916488 Ralph Spoilsport
Ralph Spoilsport's picture

33rd degree...so what? York Rite or Scottish Rite? Any suburban moron who can memorize their tripe can easily get a 33rd degree pin. I think you're full of crap Frankenstein.

Sat, 11/26/2011 - 17:28 | 1915932 sabra1
sabra1's picture

hopefully this won't affect canadian real estates ascent!

is my avatars' hat on straight, or is the head crooked?

ah! who cares, it'll be hung anyhow!

now, back to the Beach Boys singin' "Serfin' USA!"

Sat, 11/26/2011 - 17:28 | 1915933 rbg81
rbg81's picture

Any bailout these idiot nations get (including the US) gwill just go to financing the status quo.  Which, in turn, means that they'll be back for another one within the year.  Modern politicians seems incapable of solving problems because to REALLY solve these problems means that they'll piss people off and won't get re-elected.  Frankly, I expect the charade until the foolishness is wrung out of the electorte.  Unfortunately, that won't happen until the social order starts to break down.

Sat, 11/26/2011 - 17:29 | 1915936 Bansters-in-my-...
Bansters-in-my- feces's picture

Social Unrest.....

Thats like, a new Band.

I hear they play the Jack Boot Boogie

I hear there is a show comming soon.

Be there or be square.

Sat, 11/26/2011 - 17:35 | 1915943 sitenine
sitenine's picture

“It’s in our interests that they keep playing for time because that gives us more time to prepare,” the minister told the Daily Telegraph.

That pretty much sums up the whole game right now, doesn't it?

 

Sat, 11/26/2011 - 23:06 | 1916639 RiverRoad
RiverRoad's picture

Fer sure.  That's all they've really been busy doing for the last two years....preparing their own exits.

Sat, 11/26/2011 - 17:58 | 1915970 Franken_Stein
Franken_Stein's picture

So you also don't know that Hjalmar Schacht, head of the Reichsbank under Hitler, the Central Bank of Germany,

not only hammered out the Young Plan (1929) for a modification of German war reparations, but also helped collect money to create a company called "I.G. Farben" and was currency commissioner for the Weimar Republic, a post to which he rose in 1923.

 

http://en.wikipedia.org/wiki/Hjalmar_Schacht

 

Needless to say, as always, he was member of a masonic lodge, Urania zur Unsterblichkeit.

 

But this all is just a coincidence, I know.

These masons just coincidentally happen to show up when financial decisions of utmost importance that influence whole peoples and their fate are made.

Yeah right.

 

The density of freemasons in these high echelons of power is amazing.

Sat, 11/26/2011 - 20:46 | 1916344 CrockettAlmanac.com
CrockettAlmanac.com's picture

For the sake of the widow's son please stick a cork in it.

Sat, 11/26/2011 - 21:37 | 1916438 problemfixr
problemfixr's picture

Why not just write and publish an article, Frank?

Sat, 11/26/2011 - 17:48 | 1915976 eddiebe
eddiebe's picture

Now watch all the lemmings being herded into the mighty US dollar.

Sat, 11/26/2011 - 20:49 | 1916353 CrockettAlmanac.com
CrockettAlmanac.com's picture

"Lemmings must be directed to the sea." -- Major Frank Burns

Sat, 11/26/2011 - 17:48 | 1915979 the tower
the tower's picture

LOL Britain, LOL... The UK and the US are in WAY bigger trouble than the Eurozone... smoke and mirrors.

 

The UK doesn't produce anything, 30% of their GDP comes from the City, a system that will collapse no matter what so the UK will be hit hardest of all in Europe. The US is in a similar situation.

 

If the Euro collapses they can point their dirty little fingers at the Euro as the cause for the total collapse of the current system... which they need, in order to install their new currency and solve their debt, they just need a black sheep.

 

Germany is resisting as Germany knows as no other that the Eurozone can be saved, cause the Eurozone still produces, and they produce stuff we actually NEED, not pointless crap like the Chinese.

 

As always the US and the UK are the "empires of evil" here...

Sat, 11/26/2011 - 17:46 | 1915981 Yardfarmer
Yardfarmer's picture

the real 800 pound gorilla in the euro room is Germany itself. the established conceit that the huns are operating from an inviolable and unassailable economic foundation is a myth akin to the inevitable ascendancy of the now sputtering chicom juggernaut. http://www.bloomberg.com/news/2011-11-24/germany-buys-itself-first-class...

Sat, 11/26/2011 - 17:52 | 1915984 Franken_Stein
Franken_Stein's picture

Or what do you know about the Bank for International Settlements (BIS):

 

The BIS was formed in 1930.

The main actors in its establishment were the then-Governor of The Bank of England, Montagu Norman, and his German counterpart Hjalmar Schacht, later Adolf Hitler's finance minister.

The Bank was originally intended to facilitate reparation payments imposed on Germany by the Treaty of Versailles after the First World War.  The need for the bank was suggested in 1929 by the Young Committee, and was agreed to in August of that year at a conference at the Hague. A charter for the bank was drafted at the International Bankers Conference at Baden Baden in November.

The charter was adopted at a second Hague Conference on January 20, 1930.

During the period 1933–45, the board of directors of the BIS included Walter Funk, a prominent Nazi official, and Emil Puhl, who were both convicted at the Nuremberg trials after World War II, as well as Herman Schmitz the director of IG Farben and Baron von Schroeder, the owner of the J.H.Stein Bank, the bank that held the deposits of the Gestapo.

There were allegations that the BIS had helped the Germans loot assets from occupied countries during World War II.

 

 

Hmmm, a GLOBAL BANK, created in 1930, by a freemason called Hjalmar Schacht and an Englishman.

No Americans there. So who was calling the shots ?

Her Majesty !

 

Well, why am I so not surprised ?

And funnily, Schacht got away with a minor prison sentence after the war.

Oh, the good man that he was. He only organized Hitler's finances, but that of course is no crime !

Who allowed this ? Must have had influential friends with the Allies.

Sat, 11/26/2011 - 18:27 | 1916076 GeneMarchbanks
GeneMarchbanks's picture

What are you on about? If you're trying to say that the Anglo-banking-finance-MIC is fascist then you're preaching to the choir here.

Sat, 11/26/2011 - 19:37 | 1916239 IrritableBowels
IrritableBowels's picture

http://en.wikipedia.org/wiki/File:BIS_members.svg

Strange that the nonshaded countries all seem to be in the news lately... 

Sat, 11/26/2011 - 17:48 | 1915987 Mark123
Mark123's picture

Talk about the pot calling the kettle black....here is Britian printing (QE'ing) its way to oblivion.  In the Euro zone they are actually trying to deal with the reality of a screwed up system.

 

Please Britons....rise up and overthrow the bankers that have reduced you to a miserable excuse for a civilization.  Mervyn King's head on a pike woud be a good start.

Sat, 11/26/2011 - 17:54 | 1915995 cranky-old-geezer
cranky-old-geezer's picture

 

 

Some analysts say the shock waves of such an event would risk the collapse of the entire financial system, leaving banks unable to return money to retail depositors

Coming to a nation near you.

Sat, 11/26/2011 - 18:16 | 1916043 CPL
CPL's picture

The first link is interesting.  So between friday and monday morning is the time frame to get people to know it's happening.

Sat, 11/26/2011 - 20:51 | 1916355 CrockettAlmanac.com
CrockettAlmanac.com's picture

One if by land and two if by sea.

Sat, 11/26/2011 - 18:10 | 1916032 electricgorilla
electricgorilla's picture

The Heisenberg Principle states:

if something is closely observed, the odds are it is going be altered in the process”

Maybe this sovereign debt crisis is being observed by to many people and therefore the outcome may be different than we all expect.


 

Sat, 11/26/2011 - 18:20 | 1916047 sitenine
sitenine's picture

We all expect hyperinflation (deflation in asset classes such as real property), insolvency, or a combination of both.  The experiment is over.  There is nothing more to observe here except the postponement of the inevitable.  The only unknown to be observed is the duration of the postponement.

Sat, 11/26/2011 - 20:52 | 1916356 CrockettAlmanac.com
CrockettAlmanac.com's picture

Most folks have buried their heads in the sand. That ought to work as an effective Heisenberg compensator.

Sat, 11/26/2011 - 18:14 | 1916040 Franken_Stein
Franken_Stein's picture

Schacht had supported Hitler's gaining power, and had been an important official of the Nazi regime.

Thus he was arrested by the Allies in 1945.

He was put on trial at Nuremberg for "crimes against peace" (planning and waging wars of aggression), but not war crimes or crimes against humanity.

Schacht pled not guilty to these charges. He cited in his defense that he had lost all official power before the war even began, that he had been in contact with Resistance leaders like Hans Gisevius throughout the war, and that he had been arrested and imprisoned in a concentration camp himself. 

His defenders argued that he was just a patriot, trying to make the German economy strong. Furthermore, Schacht was not a member of the NSDAP and shared very little of their ideology.

The British judges favored acquittal, while the Soviet judges wanted to convict.

The British got their way and Schacht was acquitted.

 

http://en.wikipedia.org/wiki/Hjalmar_Schacht

Sat, 11/26/2011 - 18:19 | 1916051 non_anon
non_anon's picture

another thing to think about, if you are in the miltary overseas, when TPTB collapse, who will bring you home?

Sat, 11/26/2011 - 18:25 | 1916063 Black Forest
Black Forest's picture

A Chinese ferry. Look here:  http://www.youtube.com/watch?v=ls7Yelzognc

Sat, 11/26/2011 - 18:21 | 1916059 Tao 4 the Show
Tao 4 the Show's picture

News is what somebody somewhere wants to suppress; all the rest is advertising.
- Lord Northcliffe, British publisher

Only question: Who is sponsoring the advertising?

Sat, 11/26/2011 - 18:29 | 1916079 fonzanoon
fonzanoon's picture

There is no chance at all that Germany makes the Euro countries take the pain and they do stick together and the Euro ends up being better off for it?

Sat, 11/26/2011 - 18:41 | 1916109 xcehn
xcehn's picture

The UK might benefit from the Euro collapse?  And maybe give that 'inevitable' collapse an assist?  In a volatile world of stuxnet and false flags, the diabolical is the default position.

Sat, 11/26/2011 - 18:43 | 1916117 Eireann go Brach
Eireann go Brach's picture

The politicians and bankers are fleeing on lifeboats as fast as possible as the Titanic has already hit the iceberg, the folks you hear re arranging deckchairs and trying to calm the people onboard, are the interns of the politicians sacrificed as lambs to the slaughter speaking via teleprompter! May all the sharks of the world round up around the escaping lifeboats and feast on the rotten politcians till the sea is a color of red!

Sat, 11/26/2011 - 18:45 | 1916123 usda
usda's picture

Dollarmenu:

Remember the 'Enabling Laws' of the Nazis...they never took a step in oppressing people, without first legalizing that step.  Of course He who wins the war decides, afterwards who and what is legal.  But it looks as if we are following the same rule book...so if mop-ups of local citizenry is wanted...the gov, has a law already passed....just like the Patriot Act bs. So it would appear, the Davis Chancellor could not only pepper spray and beat into mush the student body and probably anybody else...and turn them over to the local military governor to haul them all off to military detention without any charges necessary, no trial and for substantial 'political reeducation.'  The student government should lobby that time spent in detention camps be turned into credits towards graduation...at some unknown and indefinite time in the future. Students has better stock up on knee pads and practice up on genuflex ..... and so had the rest of rabble of this country.

http://www.aclu.org/blog/national-security/senators-demand-military-lock-american-citizens-battlefield-they-define-being
 

Sat, 11/26/2011 - 18:48 | 1916129 Franken_Stein
Franken_Stein's picture

"But the big shot was Jacob Schiff of Kuhn Loeb private bank. Schiff's power was entirely trans-Atlantic:

Traveling back and forth between London and New York, Schiff was Sir Ernst Cassel's U.S. partner and representative; Cassel--the personal banker and the most intimate friend of Prince Edward VII, the grand master of British freemasonry.

(Edward's son Albert Victor was supposed to be the subject of the Jack the Ripper story: His unapproved marriage was broken and covered up by the Freemasonic murders of witnesses.)

On behalf of the royal family, Ernst Cassel managed the finances of the British Fabian Society leaders, and the British Round Table in its outrageous African racialist endeavors such as {apartheid}.

At Kuhn Loeb in the 1890s, partner Otto Kahn (a British subject) directly supervised Schiff and Cassel's project to build up a certain snarling little railroad man who was a favorite of the old Belmont Confederate machine, Mr. E. H. Harriman. At that same time, the Warburg family joined Kuhn Loeb; the Warburgs' preoccupations were anchored in their Masonic Occult Institute in Hamburg and London."

 

http://www.theforbiddenknowledge.com/hardtruth/scottishriteproject.htm

 

Well, that Warburg Bank exists here in Hamburg.

 

http://www.mmwarburg.de/

Sat, 11/26/2011 - 19:00 | 1916163 jcaz
jcaz's picture

1890's-  way to stay on point, Frank;

When you catch up to the 1920's, you're gonna start hating life........

Sat, 11/26/2011 - 20:56 | 1916366 CrockettAlmanac.com
CrockettAlmanac.com's picture

For the love of God don't make me do the Charleston!

Sat, 11/26/2011 - 19:01 | 1916153 Franken_Stein
Franken_Stein's picture

The immense, bearded figure of Confederate General Albert Pike is looming over a public square in the nation's capital.

Why has it never been pulled down in that predominantly black city?

The statue is a tribute to the influence of Pike's organization.

It has power in the Executive Branch, and the Congress, and it is decisive in the courts.

It has great power in all branches of law enforcement and the military.

Do I mean that the Ku Klux Klan has such sway over the government? No, I'm speaking here of the ``Scottish Rite of Freemasonry Southern Jurisdiction,'' of which Pike was the chief, or ``Sovereign Grand Commander.''

The Ku Klux Klan, the Southern Confederacy, and the pre-Civil War secession movement were a single, continuous project, with Pike's ``Scottish Rite'' at its center.

Though the Confederacy was defeated, this project lives on today, and now dominates U.S. political life.

 

http://www.theforbiddenknowledge.com/hardtruth/scottishriteproject.htm

Sat, 11/26/2011 - 19:03 | 1916175 jcaz
jcaz's picture

Great- you've learned to cut and paste.... 

Genius.

Sun, 11/27/2011 - 04:27 | 1917048 lookatmytaint
lookatmytaint's picture

Will you just PLEASE shut the fuck up?  We all know you are either on some kind of massive crack bender or (more probable) being paid by the hour.  GO AWAY and take all of your masonicmoronic bullshit with you.  God I love the Internet.

Sat, 11/26/2011 - 18:59 | 1916157 Divine Wind
Divine Wind's picture

The U.S. was supposedly doing something similar two years ago:

 

From June, 2009:

"Some U.S. embassies worldwide are being advised to purchase massive amounts of local currencies; enough to last them a year. Some embassies are being sent enormous amounts of U.S. cash to purchase currencies from those governments, quietly. But not pound sterling. Inside the State Dept., there is a sense of sadness and foreboding that 'something' is about to happen ... within 180 days, but could be 120-150 days."

http://www.marketwatch.com/story/schultz-paints-bleak-picture-of-future

Sat, 11/26/2011 - 19:02 | 1916165 ebworthen
ebworthen's picture

Riots?

Europe?

How could that be possible?

It's not like the two World Wars of the last century were fought there or anything.

(/sarc off)

Sat, 11/26/2011 - 20:35 | 1916330 bank guy in Brussels
bank guy in Brussels's picture

The edge of riot - people in the streets - is a noble tradition here in Europe.

In fact it is the essence of democracy, not 'voting', which can be manipulated (vote counting, black box voting machines, media and psychological manipulation of voters), or pieces of paper which claim to be a 'Constitution' or a 'rule of law', which can be perverted and effectively nullified (by crooked judges, courts, lawyers and bureaucracies working for oligarchs - see the USA for how this works in the worst, ugliest fashion).

People in the streets - and only people in the streets - are the true guarantee of freedom. The ability to go on general strike, shut down and take over the government in a mass movement, is always with us, and we have our strikes etc partly to keep that spirit alive.

The ability to storm the Bastille, and let out the prisoners, is still real here, and we have not forgotten how to do it. For us, the French Revolution was barely yesterday.

Continental Europeans are not as loud-mouthed individually as Americans ... but as a collective, we are much less repressed, much more willing to take group action, of the most energetic kind. Get European citizens into a group fired up enough, and we are essentially unstoppable.

Sat, 11/26/2011 - 21:02 | 1916374 CrockettAlmanac.com
CrockettAlmanac.com's picture

And the men who spurred us on sit in judgement of all wrong, they decide and the shotgun sings the song.

http://www.youtube.com/watch?v=Rp6-wG5LLqE

 

They call it a revolution because you're on the same old merry-go-round. The only way out is to stop standing in the line called "democracy" and assert your individual sovereignty.

Sat, 11/26/2011 - 19:04 | 1916178 Fix It Again Timmy
Fix It Again Timmy's picture

Amazing!  Where was this clairvoyance when the politicians were promising the moon and beyond to their constituents and when the bankers were up to their necks in illegal and corrupt practices?

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