Fiscal Cliff = Economic Terrorism says U.S. Senator

by Scott Creighton

We’ve seen this before: the economic powers that be went to congress and the MSM back in late 2008 and threatened Armageddon if we didn’t give them what they wanted: our money. They effectively held the economy of the United States hostage and threatened to pull the trigger if they weren’t paid $780 billion in cash. Turns out, the fed gave them far more than that in secret backdoor loans, but the story is still the same; we were subjected to economic terrorism in which our leaders, the same leaders who boasted they will never give into terrorist threats, caved in immediately and went on a PR campaign pushing the TARP bailout package like their lives depended on it.

Now we have the same thing happening. The “fiscal cliff” boogeyman is the same as the “Ruskies” of old or the “turrurrrurrists’ of today. It’s terrorism pure and simple.

When you threaten people with the fear of death, starvation and chaos in order to advance a change in either the political  (like we did to Libya and currently are doing to Syria and Iran) or economic structure of a nation, that is defined as “Terrorism” and that is exactly what is being done to us right now.

Who says so? Some conspiracy theorist whack-job wing-nutter?

No. A seated U.S. senator from Iowa said that.

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Greek journalist arrested over exposing politicians’ alleged tax evasion

from RT

Greek police have arrested one of the country’s top journalists, after his publication Hot Doc released the so-called ‘Lagarde list,’ containing the names of some 2,000 Greeks with funds hidden in Swiss bank accounts.

The police arrested Kostas Vaxevanis, the owner and editor of Hot Doc, during a live radio interview on Sunday. “They’re entering my house with the prosecutor right now. They are arresting me. Spread the word,” Vaxevanis tweeted.

He is due to appear in court on Monday to answer charges of privacy violations from publishing the list of names, which dates to 2007. “Instead of arresting the tax evaders and the ministers who had the list in their hands, they are trying to arrest the truth and free journalism,” Vaxevanis said in an interview.

[read the rest, here]

Spanish Townsfolk, Our Monster: Now What Are We Going to Do About It?

by Scott Creighton

UPDATE 3:The French, Spanish and Greek governments all announced multibillion-euro austerity plans yesterday in the face of massive popular opposition.”

UPDATE 2: Slavery in the UK. The unemployed are being forced to work for major British corporations, for free, just so they can continue to receive their unemployment benefits. This plan is the same as one attempted here in the states, one that still has a great deal of support in congress. Imagine the profits retailers could pocket if they got free seasonal workers during the holiday buying season.

UPDATE: In Dubai, one of our close economic allies, they call slave owners “sponsors” and fine their slaves if they attempt to take their own lives when the desperation of their true situation becomes too unbearable to live with.

I found myself thrown away and I thought of my poor family back home. I felt desperate and decided I should die,” she said. The National

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While Americans cheer for the return of  zebra striped officials to the NFL games today, the Spanish, the Greeks and many others across Europe are fighting for their very lives and the freedom to determine the quality of them on their own. Our apparent lack of concern is understandable when you consider that what they are desperately struggling against is in a large part, our creation. Not only is Dr. Frankenstein disinterested in the harm his creation inflicts on the people around him by choice, but the townsfolk themselves willingly turn a blind eye and a deaf ear to the cries of their neighbors in nearby villages just so long as the monster feeds elsewhere.

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The War on Drugs is Just a Turf War: Feds Arm Cartels and Banks Reap the Profits

by Scott Creighton

Our society is run by insane people for insane objectives. I think we’re being run by maniacs for maniacal ends and I think I’m liable to be put away as insane for expressing that. That’s what’s insane about it.” John Lennon

Many people know that Wachovia Bank had to admit to laundering 378.4 billion dollars in drug money between 2004 and 2007 and that they paid a mere 160 million in fines to avoid prosecution. What they don’t know is that the money was from a drug cartel in Mexico that the DEA and the Justice department supported as part of a program called “Divide and Conquer” which was designed to weed all the other drug gangs out and leave the one cartel, our cartel, in place.

In short, our banks laundered the money while the government looked the other way or even helped the Sinaloa Cartel bring the drugs into Chicago (there’s that town again) while providing thousands of illegal weapons to the cartel under programs like “Fast and Furious” which they used to murder other drug lords, police, and everyday citizens (and more than a few journalists and politicians who dared to open their mouths).

Now to me, if it’s the US government providing the weapons, the logistics, the protection from prosecution, the lethal hits on the competition, and the resources to launder the cash, then it’s the US government who is actually the drug cartel with the Sinaloa’s providing nothing but cover.

I mean, after all, we are guarding the heroin fields in Afghanistan. Guess someone wants a monopoly on all the illicit drugs in the world just like they want a monopoly on the oil fields, healthcare, GMO corn,  and the central banks.

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Austerity kills: Greek Martyrs and the Economic Hitmen in Michigan

by Scott Creighton

Sooner or later, we are all Dimitris Christoulas.

Dimitris Christoulas picked a tree in a park in central Athens by the nation’s parliament. It took him 77 years to get to that point, to pick that tree. He sat down next to it, sat in the shady side at 9am in the morning as people were bustling back and forth getting on with the business of starting their day. Dimitris pinned a note to himself, some say he shouted a comment, others say he said nothing.

In Detroit yesterday the city council voted 5-4 to enter into an agreement with the state of Michigan to radically change the city and the way it works due to pending financial hardships which were brought on by the deliberate controlled demolition of the economy of the United States by the banks and huge financial houses whom we have poured money into ever since.

There’s a connection and it’s not pretty.

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The Obama Justice Department vs Big Five Banks Settlement is Actually a Payoff for Services Rendered

by Scott Creighton

Keep this information in mind as you read the following article: The largest banks made a combined 13 billion dollars in profits from 7.77 trillion dollars of undisclosed emergency loans from the Federal Reserve bank over and above the 780 billion dollar banker bailouts. The loans and the bailouts were a direct reaction to the crisis caused by the criminal and fraudulent behavior of these same banks which the Obama administration now says will cost them roughly 1 billion a piece. 13 billion in profits for criminal activities (that we know of) and 5 billion in penalties (spread out over the course of a few years) while it is left to investors to foot the bill for the rest of the 26 billion dollar “settlement” deal. No further criminal prosecution, no further investigation required.

From Bloomberg News Nov. 2011 -

  • The six biggest U.S. banks, which received $160 billion of TARP funds, borrowed as much as $460 billion from the Fed… JPMorgan, Bank of America, Citigroup Inc. (C), Wells Fargo & Co. (WFC), Goldman Sachs Group Inc. (GS) and Morgan Stanley
  • Bank of America and New York-based Citigroup each received $45 billion from TARP.
  • Total assets held by the six biggest U.S. banks increased 39 percent to $9.5 trillion on Sept. 30, 2011, from $6.8 trillion on the same day in 2006, according to Fed data.
  • Employees at the six biggest banks made twice the average for all U.S. workers in 2010, based on Bureau of Labor Statistics hourly compensation cost data.
  • Bank of America took over Merrill Lynch & Co. at the urging of then-Treasury Secretary Paulson after buying the biggest U.S. home lender, Countrywide Financial Corp.
  • Wells Fargo bought Wachovia Corp., the fourth-largest U.S. bank by deposits before the 2008 acquisition.
  • JPMorgan absorbed the country’s largest savings and loan, Seattle-based Washington Mutual Inc., and investment bank Bear Stearns Cos. The New York Fed, then headed by Timothy F. Geithner, who’s now Treasury secretary, helped JPMorgan complete the Bear Stearns deal by providing $29 billion of financing, which was disclosed at the time.

original article below

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The Obama administration finalized their latest and most heinous betrayals of their 3 year history yesterday when they announced their settlement between the big five banks and state and federal governments on their “investigation” into the massive systemic mortgage fraud conspiracy. There will be no investigation. We will never know the full extent of the criminal conspiracy to decimate the economy of the United States of America because Barack Obama’s “Justice” Department has struck a deal. The economic hit-men who are running this country won out as Left Cover Obama sold us out. Again.

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MF Global bankruptcy-On the Edge with Max Keiser

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