Powerful interview and and a stark warning to anybody with anything over the insured deposits in the banking system.Sinclair: “There has been a total blackout in the Western mainstream media regarding what just took place in Cyprus. Even where there was even scant reporting about Cyprus, they only reported approximately 1/3 of the amount of the assets that have effectively been stolen.
The takeaway I have, and the shock I have, is that the news is now so selective in the so-called free Western hemisphere....
Eric King: “Jim, what do you make of the fact that there was virtually no reporting outside of KWN on this situation?”
Sinclair: “What that tells me is that ‘bail-in’ is now a go globally. There is no question that if you were to analyze the various initiatives in New Zealand, Canada, the United States, Great Britain, etc, you would know that ‘bail-in’ is definitely being framed and will now be applied as a replacement for ‘bail out.’
So the fact that the news of the $4.2 billion which was just stolen from accounts in Cyprus didn’t make any mainstream US news, and wasn’t even mentioned on financial media during the day, tells me there is definitely a feeling that what has taken place, and what is still to take place, will disturb the ‘social order.’
Control of the news has always been predicated on what it is believed the public can take. The fact that this was totally blacked out underscores without any doubt that ‘bail-in’ is the method which will be used in any future bankruptcies in the banking sector.
The move to steal money from bank accounts, especially as the economic indicators are now turning down off of what has only been a sideways recovery, indicates to me that as the economy continues to worsen, the real condition of the underlying balance sheets of financial institutions will be exposed.
At that point there will be significant needs for funds in order to maintain the integrity of the Western world’s financial institutions. So once again, KWN readers around the world need to understand that ‘bail-in’ is definitely coming.”
The governments wants to take your money
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- Lord Beria3
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The governments wants to take your money
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That's not the only thing that's been "conspucuous by its absence" in the headlines. The Beeb gave absolutely zero coverage of the recent NHS privatisation, and is now giving equally little away about the Royal Mail privatisation.
And there's also been nowt said about the backstage shenanigans of that proposed EU seed law. Apparently it contravenes at least 2 other EU laws. And the Frenchwoman who's pushing for it works as an advisor for...yes you've guessed...a big seed company.
And there's also been nowt said about the backstage shenanigans of that proposed EU seed law. Apparently it contravenes at least 2 other EU laws. And the Frenchwoman who's pushing for it works as an advisor for...yes you've guessed...a big seed company.
Yeah... It's not looking good is it!RenewableCandy wrote:That's not the only thing that's been "conspucuous by its absence" in the headlines. The Beeb gave absolutely zero coverage of the recent NHS privatisation, and is now giving equally little away about the Royal Mail privatisation.
And there's also been nowt said about the backstage shenanigans of that proposed EU seed law. Apparently it contravenes at least 2 other EU laws. And the Frenchwoman who's pushing for it works as an advisor for...yes you've guessed...a big seed company.
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- UndercoverElephant
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That just about sums it up: give the already-absurdly-wealthy bankers loads of public money, then finance it by taking what little they have from poor people.emordnilap wrote:A short month in politics.
Why there has not already been some sort of revolution in this country is beyond me. That one is coming is beyond doubt.
"We fail to mandate economic sanity because our brains are addled by....compassion." (Garrett Hardin)
- emordnilap
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I agree. It all veers from being extremely sad to extremely angry to...what? They have you by the short and curlies. A recent revolt against one tax over in Ireland led to the gubbmint simply handing its collection to the revenue commissioners, who will just take your money or put you in court or both. The tax guys inspire fear.UndercoverElephant wrote:That just about sums it up: give the already-absurdly-wealthy bankers loads of public money, then finance it by taking what little they have from poor people.emordnilap wrote:A short month in politics.
Why there has not already been some sort of revolution in this country is beyond me. That one is coming is beyond doubt.
People here don't know what to do; revolution is unlikely as we're fighting to keep jobs/house/families/lives together. It's a classic stranglehold without actually killing the subject.
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker
- frank_begbie
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Reading a book called Treasure Islands by Nicholas Shaxson, and that just about puts it in a nutshell.UndercoverElephant wrote:That just about sums it up: give the already-absurdly-wealthy bankers loads of public money, then finance it by taking what little they have from poor people.emordnilap wrote:A short month in politics.
Why there has not already been some sort of revolution in this country is beyond me. That one is coming is beyond doubt.
http://treasureislands.org/
"In the beginning of a change, the patriot is a scarce man, brave, hated, and scorned. When his cause succeeds however, the timid join him, for then it costs nothing to be a patriot."
Well I, for one, have just about bloody well had enough of it. If it all kicks off then great, bring the bugger on.UndercoverElephant wrote:That just about sums it up: give the already-absurdly-wealthy bankers loads of public money, then finance it by taking what little they have from poor people.emordnilap wrote:A short month in politics.
Why there has not already been some sort of revolution in this country is beyond me. That one is coming is beyond doubt.
- frank_begbie
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I'm getting the same feeling as I wander amongst various forums, from football to consumer, unemployment to here.UndercoverElephant wrote:That just about sums it up: give the already-absurdly-wealthy bankers loads of public money, then finance it by taking what little they have from poor people.emordnilap wrote:A short month in politics.
Why there has not already been some sort of revolution in this country is beyond me. That one is coming is beyond doubt.
People seem to have got to the end of their tether.
Might be drawing my money out of the bank, except for the essentials.
Its earning bugger all anyway.
"In the beginning of a change, the patriot is a scarce man, brave, hated, and scorned. When his cause succeeds however, the timid join him, for then it costs nothing to be a patriot."
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And thinking about that tax I mentioned - it's another sign on the slippery slope to to dictatorship. Handing over collection of 'civic' taxes to a single feared body, with greater powers than the state.
The next tax here is a 'media' or 'broadcast' tax to replace the tv licence, meaning even those such as me who don't have a tv will be forced to pay for the shite they drip feed to the masses. Its collection will no doubt be enforced by the revenue commissioners, as will a probable further tax, that of compulsory bin collection tax.
Why oh why do we continue to put these heartless bastards in power?
The next tax here is a 'media' or 'broadcast' tax to replace the tv licence, meaning even those such as me who don't have a tv will be forced to pay for the shite they drip feed to the masses. Its collection will no doubt be enforced by the revenue commissioners, as will a probable further tax, that of compulsory bin collection tax.
Why oh why do we continue to put these heartless bastards in power?
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker
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If they are going to fund TV via general taxation at all, it should be the bare bones. Possibly in our case BBC News and Parliament, and maybe one other channel designed primarily to be educational/informative. Possibly the radio channels since they won't get funded any other way (except advertising), and don't cost as much. Entertainment rubbish or anything of minimal public service value must be subscription-only or advertising funded.emordnilap wrote:And thinking about that tax I mentioned - it's another sign on the slippery slope to to dictatorship. Handing over collection of 'civic' taxes to a single feared body, with greater powers than the state.
The next tax here is a 'media' or 'broadcast' tax to replace the tv licence, meaning even those such as me who don't have a tv will be forced to pay for the shite they drip feed to the masses. Its collection will no doubt be enforced by the revenue commissioners, as will a probable further tax, that of compulsory bin collection tax.
Why oh why do we continue to put these heartless bastards in power?
- emordnilap
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This is Ireland. Part of the problem is the small population of course - fewer than 2 million households can't sustain much of a tv infrastructure.the_lyniezian wrote:If they are going to fund TV via general taxation at all, it should be the bare bones. Possibly in our case BBC News and Parliament, and maybe one other channel designed primarily to be educational/informative. Possibly the radio channels since they won't get funded any other way (except advertising), and don't cost as much. Entertainment rubbish or anything of minimal public service value must be subscription-only or advertising funded.emordnilap wrote:And thinking about that tax I mentioned - it's another sign on the slippery slope to to dictatorship. Handing over collection of 'civic' taxes to a single feared body, with greater powers than the state.
The next tax here is a 'media' or 'broadcast' tax to replace the tv licence, meaning even those such as me who don't have a tv will be forced to pay for the shite they drip feed to the masses. Its collection will no doubt be enforced by the revenue commissioners, as will a probable further tax, that of compulsory bin collection tax.
Why oh why do we continue to put these heartless bastards in power?
But of course, that - as well as the raft of other civic and 'amenity' taxes etc - is a million miles from the real reason they want to empty our pockets.
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker
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Hence why I said "in our case" meaning that if such a regime was ever set up in Britain, that's what I'd want it to cover. I'd have thought you would come up with your own Irish equivalents.emordnilap wrote: This is Ireland. Part of the problem is the small population of course - fewer than 2 million households can't sustain much of a tv infrastructure.
But of course, that - as well as the raft of other civic and 'amenity' taxes etc - is a million miles from the real reason they want to empty our pockets.
But yes, I guess your situation is far different. A small population on one hand and an alleged need for massive austerity on the other. No doubt they need all those taxes to "justify" being allowed the bailouts or something, or "bring the deficit down". Whatever the true reason is.