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Category Archives: Debt

10 Reasons why the Olympics is something worth protesting against


From: http://www.protestlondon2012.com/10reasons.html

  1. THE OLYMPICS WILL SHOW OFF OUR CITY TO THE WORLD. But it doesn’t. The Olympic Marathon had its route moved to Pall Mall because Tower Hamlets, the poorest borough in London, doesn’t quite make the right impression.

  2. THE OLYMPICS WILL BENEFIT LONDONERS WITH JOBS. It depends. Not people affected by the Games – only 25% of the Olympics workforce are from the five Olympic boroughs. However, Atos Origin, who run the volunteering scheme, are generating colossal profits from contracts. They’re less charitable to their workforce, who won’t get a penny for their time and energy.

  3. THE OLYMPICS WILL BENEFIT LOCAL BUSINESS. When the Athlete’s Village is turned into homes it will become part of the Stratford City development, now wholly owned by Westfield (after they bought out the other shareholders). Residents can look forward to having their environment controlled at the whim of a corporation whose reason for being is to sell stuff. Local business doesn’t really stand a chance in the long run.

  4. THE OLYMPICS WILL CREATE MORE HOUSING. Yes, if you can afford them! The rest of the site is being given over to homes is being developed by the Mayoral Development Company, Olympic Park Legacy Company. They promise 11,000 new homes, and 35% of them will be affordable. Only 675 of them will be social housing though, so if you’re on the list in Newham get ready to wait. The average wait is around 10 years. Previous Olympic cities, like Barcelona, Sydney and Seoul, have seen huge rises in property prices, forcing local families out of their neighbourhoods. This is already happening in London and thanks to confidentially agreements with the London Organising Committee of the Olympics and Paralympic Games (LOCOG) you won’t hear about it in the media.

  5. THE OLYMPICS WILL CREATE MORE PUBLIC TRANSPORT. Well, not quite. Huge swathes of London roads will become dedicated ‘VIP lanes’ during the Games. Thousands will struggle to get to work for the whole 10 weeks. There has been little word on how much the public will have to be in fare increases in future years. The DLR extension is finished but the new (old) platforms at Stratford International have been rebuilt out of wood. The cable car (officially the Emirates Air Line) that goes from not-quite-the-o2 to not-quite-the-ExCeL centre might be finished by the time the games happen. Nobody wants to say if it’ll be ready or not. But at least it’s only costing the taxpayer £24million in exchange for Emirates to get their logo on tube maps for the next decade

  6. THE OLYMPICS WILL MAKE THE CITY A SAFER PLACE TO BE. Well, yes, they are sending in the army and putting missiles on tops of peoples homes, then forgetting to guard them. You’ll be monitored the whole time by hundreds of security personnel, CTV and flying drones developed for use in Afghanistan. Stratford is set to be the guinea pig for yet more oppressive surveillance tactics. Studies show that CCTV does little to reduce crime, but a lot to create a climate of fear. The police also have a new temporary police station built on Wanstead Flats. Although planning permission was only sought for a temporary structure, its been constructed as a permanent building – stealing a large chunk of public green space enjoyed by local residents for centuries.

  7. THE OLYMPICS WILL BE THE GREENEST GAMES EVER. Not quite. The Olympic Park is built on a former landfill site. Excavations have disturbed buried toxic chemicals, spreading them into the land. Radioactive thorium from an old watch factory has also seeped into the water table. DOW Chemical, the company that bought Union Carbide (responsible for the as yet to be cleaned up Bhopal disaster) are major sponsors. Plus BP is the Olympics official sustainability partner. Their involvement in the Tar Sands is a glowing indicator of their lack of commitment to ecological sustainability and social justice.

  8. THE OLYMPICS IS AN INVESTMENT IN LONDON’S FUTURE. We’ll it is quite an investment. £9.3bn, according to the Olympics Quarterly Economic Report in May 2011. The original estimate in 2005? £2.4bn according to the Labour government. The most recent figure doesn’t include costs associated with the acquisition of land, remediation, government departments and quango spending. 10% of the cost for the Olympics will come from Londoner’s taxes and 67% from national taxes.

  9. THE OLYMPICS WILL PROMOTE DEMOCRACY AND FREEDOM OF SPEECH. We’ll it will certainly be promoting many things through its corporate sponsorship deals. LOCOG are interested in protecting their benevolent sponsors but seem to have little interest in anyone else’s freedom of speech or expression, even handing out ASBO’s to anyone opposing the games. Their crack team of branding Police will be enforcing laws expecially drawn up for the olympics which are far more stringent than any other copywrite law. With everything from an “Official chocolate bar of the Olympic Games” through to banning anyone using the words “olympics’, “2012”, “Summer Games” “Twenty Twelve” and many more, the games is more than anything an experiment in extending corporate control of social life.

  10. THE OLYMPICS WILL INSPIRE A NEW GENERATION. It will but the International Olympics Committee isn’t only interested in inspiring future athletes. It’s going for the gold and hoping to inspire as many people as possible to buy more stuff. It’s not quite clear what kind of future taxpayers are being asked to invest in. It seems to be one that favours a particular London vista – Pall Mall, oppression, privatization and the erosion of public space.

We’re not opposed to the sports events, and we’re all in favour of having a big party – but only if everyone’s invited.

See also http://www.boycottlondon2012.co.uk/ and https://counterolympicsnetwork.wordpress.com/

 

Greece: Burning Banks


Here a wee vid showing “The worst riot damage in years has struck Greek cities as MPs pass harsh new austerity measures. Amateur video shows violent protests in central Volos, where a branch of one of Greece’s largest banks – Eurobank – was torched.”. (2012-05-13)

I was particularly impressed with some of the comments:

  • “one day all the banks all over the world will be on fire :)”
  • “Let the temples of the money-changers burn! Let the cradle of democracry become the grave of usury.”
  • “MESSAGE TO THE 99%. Let the globalisation of bank-burning commence!! They want a new world order, let’s fucking give them 1!!!!!”
  • “They got the money out first right?”

Video from: http://youtu.be/oIVdnKc1BDI

 

The Money That Is Sold Abroad Is You!


From: http://board.freedomainradio.com/forums/t/22896.aspx

Video from: http://youtu.be/Cd-SLRyuRq0

By: Stefan Molyneux

” George Orwell wrote that, “The great enemy of clear language is insincerity. When there is a gap between one’s real and one’s declared aims, one turns as it were instinctively to long words and exhausted idioms, like a cuttlefish spurting out ink.”

You have probably heard confusing phrases like the trade deficit, the falling dollar, the national debt, unfunded liabilities and so on, which all sound vague and actuarial and vaguely – well, “not me.”

The reality behind these accounting phrases is perfectly monstrous.

When someone — a foreigner, say — loans money to the American government, what are they getting in return?

Well, they are getting promises of interest payments, and eventual repayment of the principal.

Where does your government get this money?

The government is not a business; it does not generate profits in the free market, so where does it get the money to repay its creditors?

Do you see where this is going?

Are you beginning to understand that it is not dollars that are being sold, or bonds, or agency debt, or treasuries, or anything like that.

Where is your government going to get the money to pay off its creditors?

It is not pieces of paper or contracts or computer bits that are being sold.

There is only one thing that the government has to sell.

Governments have only one asset that they can use as collateral.

Your leaders are selling you.

When China lends $800 billion to your government, what they get in return is a guarantee that $10,000 dollars — plus interest — will be taken from your family at gunpoint and shipped overseas.

When a farmer gets a loan from a bank, he uses his livestock as collateral. It is the milk and meat his cows will produce in the future that he will use to pay off his loan.

The bank is buying a share in his cows.

You are the livestock your leaders use as collateral.

The people that you cheer for and throw parades for and drop balloons behind and donate money to are selling you to Chinese rulers, to the Japanese, to the Nigerians, to South American drug lords with accounts in the Caribbean banking centers, to Russia, to Korea, to Egypt, to Colombia, to Chile, to the Philippines, to Malaysia — and anyone else who is willing to give them a few dollars in return for the blood, sweat and toil of your future.

The flag that you praise and the anthems that you sing and the rulers that you weep and kneel before have as much loyalty to you as a plantation owner had to his slaves.

And sadly, plantation slaves had more pride than we do.

Plantation slaves did not generally praise their masters for selling them off, for auctioning off the lives, hopes, dreams and futures of their own little children.

We can understand that cattle may lick the hand of the farmer who lowers an axe to its neck, because cattle are dumb beast that cannot comprehend their real relationship with the farmer, and his imminent plans for them.

What is our excuse?

When we chant “USA” “USA” “USA,” when we cheer and bow and beg and scrape and sing and weep with joy that some new farmer now presides over the wholesale dismantling and sale of our family’s future, when we love with obsessive emptiness the leaders who laugh while they auction us off to every tin pot dictator and stockbroker the world over, what is our excuse?

Has our pride been so broken that we lunge with pathetic joy at every new silver tongued demagogue who pretends to care for us, even a tiny little bit?

In the future, our children will ask why we knelt and cheered as they were sold on the auctioneer’s block.

This video — and my life’s work – is my answer to my child.

What’s yours? “

 

How Hitler saved Germany from the Bankers


 

Here’s fascinating article from Inquiring Minds – How Hitler defied the bankers. Below are some of the highlights. For the full text, please go to the original at:

http://inquiringminds.cc/messy-link-to-hitler-and-rothschilds-but-well-worth-exploring-fw-how-h-defied-the-banksters-marilyn-d

“There is plenty of documented evidence that Wall Street and Jewish bankers did indeed help finance Hitler at first, partly because it allowed the bankers to get rich …”

“When Hitler came to power, Germany was hopelessly broke. The Treaty of Versailles had imposed crushing reparations on the German people, demanding that Germans repay every nation’s costs of the war. These costs totaled three times the value of all the property in Germany.

Private currency speculators caused the German mark to plummet, precipitating one of the worst runaway inflations in modern times. A wheelbarrow full of 100 billion-mark banknotes could not buy a loaf of bread. The national treasury was empty. Countless homes and farms were lost to speculators and to private (Jewish controlled) banks. Germans lived in hovels. They were starving.”

In 1933, “the German government thwarted the international banking cartels by issuing its own money.”

Hitler began the rebuilding of Germany’s Infrastructure – paid for by Government-issued ‘Labor Treasury Certificates’ (a receipt for labor and materials delivered). This money trickled down to all in Germany. “Within two years, the unemployment problem had been solved, and Germany was back on its feet. It had a solid, stable currency, with no debt, and no inflation … Within five years, Germany went from the poorest nation in Europe to the richest.”.

“Germany even managed to restore foreign trade, despite the international bankers’ denial of foreign credit to Germany … . Germany succeeded in this by exchanging equipment and commodities directly with other countries, using a barter system that cut the bankers out of the picture. Germany flourished, since barter eliminates national debt and trade deficits.”.

Germany was rescued from English economic theory, which says that all currency must be borrowed against the gold owned by a private and secretive banking cartel — such as the Federal Reserve, or the Central Bank of Europe — rather than issued by the government for the benefit of the people.”.

“… Hitler sidestepped the bankers by creating his own money, thereby freeing the German people. Worse, this freedom and prosperity threatened to spread to other nations. Hitler had to be stopped!”.

“Hitler took over the privilege of manufacturing money, and not only physical moneys, but also financial ones. He took over the machinery of falsification and put it to work for the benefit of the people.”.

“the Third Reich was able to turn a bankrupt Germany, stripped of overseas colonies, into the strongest economy in Europe within four years, even before armament spending began.”.

“Germany issued debt-free and interest-free money from 1935 on, which accounts for Germany’s startling rise from the depression to a world power in five years. The German government financed its entire operations from 1935 to 1945 without gold, and without debt. It took the entire Capitalist and Communist world to destroy the German revolution, and bring Europe back under the heel of the Bankers.”

” … when a government issues currency in carefully measured ways, it causes supply and demand to increase together, leaving prices unaffected. Hence there is no inflation, no debt, no unemployment, and no need for income taxes.”

 

 

UK: Never-Ending Loans


The Madness continues.

From: http://youtu.be/IaUSqjWxOqI

Via: http://smashabanana.blogspot.co.uk/2012/04/british-government-to-transfer-trillion.html

Deep in Debt: Big bills to get bigger for UK taxpayers?

” Britain’s got big bills to pay, but is looking to a century-old solution when times were even tougher. Never-ending loans to cover the cost of the First World War are still being repaid today, but the Treasury Chief is planning more. And that means a financial headache for tomorrow’s children, as Ivor Bennett reports. “

 

 

michael of bernicia – Beating the Banksters


Although I’ll not get a chance to look at this for a few days, I think some readers may want to know that about it ASAP.

From: http://youtu.be/FaPkYC8FgjI

michael of bernicia gives a presentation to a Freedom North West meeting on the 21st of March 2012.

Michael tells how he stopped paying tax, the current fight against the mortgage fraud, fighting his child’s birth registration and potent alternative cures for all forms of ailments and disease.

Michael also goes into depth about the real history of Britain and Ireland explaining the hidden secret of a comet striking Britain in in the Dark ages leading to Britain being uninhabited for years after…

http://www.Freedom-NorthWest.com
http://www.WeAreChangeManchester.com
http://www.WeAreChangeLeeds.com
http://www.FreeThePlanet.net
http://www.LawfulBank.com
http://www.thebcgroup.org.uk/
http://www.ukcolumn.org/
http://www.PeoplesPublicTrust.com

 

Lawful Bank: A Kentish Perspective


Manchester already has 2 local bank branches
Here, in Leeds we are moving towards another two.

Stephen Henderson from Kent Freedom Movement tells us of the benefits.

From (with many thanks): http://kentfreedommovement.ning.com/profiles/blogs/my-thoughts-on-the-lawful-bank-and-the-future-of-the-kfm

… I thought the Lawful Bank meeting last Thursday was the best I’ve seen so far and the strongest when it comes to offering a realistic alternative to the system. I think that the Lawful Bank provides the ground work for this movement because it gives it credibility and shows the public that we are not just trying to expose how corrupt the system is but to rather show them a different way we can live. If we are going up against the well-planned, well-organised and well-presented New World Order we need to counter that by becoming a well-planned, well-organised and well-presented alternative so that the masses can look at us and take this movement seriously.

The Lawful Bank can offer the platform for a new type of government or plan that can be accepted by the public and can eventually make the Monarchy and the Houses of Parliament insignificant. Now in regards to the Kent Freedom Movement I feel we have a huge part to play in making this a reality and with the great work Deborah, Chris and the rest are doing I have no doubt this movement will become unstoppable. I was speaking with fellow KFM member Tom a couple of weeks ago and we thought that to take the movement to the next level that we as a group should start to set up a ‘KFM Council’ which I will explain more in my next blog which will really get into how it would work. I have a lot of faith in this movement and I hope to become a key part of this group from which I’m going to try and dedicate as my time as I can to this because although we maybe the minority, its only the minority who are remembered throughout history and I know that we will all take are place in history as those who defeated the New World Order !

 
 
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