IMF "saves" europe, and sends it to the dark ages

A very peculiar leak ahead of the G20 summit tells an interesting story. It turns out that the markets may have correctly figured out what is going on. The seemingly unsolvable problem of governments that will soon be forced out of the bond markets (Italy and Spain) may actually be "solved", through a remarkable backdoor to quantative easing.

The ECB standing firm, or rather having some semblance of a firm standing in the face of disaster has so far prevented the money-printing necessary to bail out the entire eurozone. Despite buying both Greek, Italian and Spanish bonds, these operations have so far been "sterilized", which means that the ECB sells other assets so the money supply is not inflated. Unfortunately, this is the reason that Europe is staring into the abyss, while the US is looking a bit more perky due to the mad scientist Bernankes frivolous use of asset purchases. Well, here comes the IMF to the rescue.

In what can only be described as the most evil monetary plot ever, the IMF is planning on bailing out Italy (and possibly Spain?) by lending them money. Their own money, which they previously have contributed to the IMF. This remarkable idiocy has likely been dreamed up by the globalist financial elite as the ultimate way of deluding people into thinking that the situation will be saved, without printing more money. There is only one problem - the money from the IMF comes from the contributing countries central banks.

What will happen is this - central banks will print money, hand it to the IMF, who will lend it back to soon-to-be-serf nations of Southern Europe, while simultaneously demanding different austerity programs in return. It doesn't take a genius to figure out who will benefit from this, and how. Likely, vast swaths of public assets will be "liberalized", at the order of the IMF, and by "liberalized" I mean sold at undervalued prices to corporate friends of the financial elite. We can only imagine what ingenious financial constructions will be created to suck every last penny of value out of whatever state assets that taxpayers have previously paid for, and will now have to surrender to private friends of the financial elites. Why? To be given loans by the IMF, of their own money.

Let me note that I am not against moving assets from public mismanagement to private hands. But this should NOT be done to the benefit of globalist schemers and detriment of citizens, rather such assets (utilities, banks, infrastructure, etc.) should if they are to be privatised be handed back to the citizens that paid for them through taxes. But let's face it - the governments of the West are completely dependent on the financial fraudsters that run the global banking complex, and they really aren't interested in what would be good for any of the European economies. They are interested in creating more financial assets they can arbitrage value out of, through inflationary policies.

The downside of all this? It will be the final piece necessary to start a global inflationary bonanza of unprecedented scale. In addition to this, the Greek protests over losing their sovereignty to the "Troika" will spread through the entire Southern Europe, and the probability of uprisings against the national governments will increase significantly. It's a very nasty secret that neither the welfare statists nor the corporatist elite would like to confess - the fact that they are in a mutually dependent relationship which serves to impoverish the average citizen, and enrich both the financial elite and government bureucrats.

But none of this will last more than a few years. What will happen, I wonder, when inflation burns across Europe and the actions of the ECB will be pointless, as long as new money can be funneled to the markets through the IMF intermediary, to continue to enable government overspending? We are seeing the final moves of a failing financial era, and when it is over not much will be the same. Since 2008, it has become increasingly obvious that the global banking elite have overplayed their hand, and the only way to keep the status quo ponzi game running is to inflate at increasing speeds. It shouldn't be too long before this starts being felt in earnest in consumer prices, and at that point we ask : What now? Game over?

And again, lets blame Germany

Here's a memo to Ambrose Evans Pritchard, and all the other delusional blame-throwers out there : STOP FRIKKING BLAMING GERMANY! Look, I know its a tradition soon a century old to blame all the problems of Europe on Germany. It's getting pretty old, especially since usually, Germany either didn't do it or at least wasn't the only culprit. But for those of you who still believe your grad-school history books : Do you think that the political machinery of the Allied forces, after more or less having destroyed TWO generations of Americans, Britons and French would after the war say : "Well, we sort of had some blame too, after all we didn't handle that Versailles peace very well, and also maybe starvation blockades weren't such a good idea, nor was selling Eastern Europe to Stalin or killing millions of innocent civilians"

I'm not denying any of the atrocities done by Germany during the reign of Adolf Hitler, I'm simply posing the following question : Where was Roosevelt, Truman and Churchill at the Nurnberg trials? Or maybe you people didn't know (because you believe the standard accounts of history written by those victorious) : Churchill ordered the incineration of a quarter million of German civilians, because he thought it would benefit the war effort. Truman incinerated even more Japanese, despite there being many indicators that the Japenese were willing to surrender. And if you go check history as it was written directly after the war, it was pretty clear that FDR willingly ignored intelligence pointing towards an imminent attack by the Japanese, meaning he sacrificed a few thousand americans at Pearl Harbor.

But don't take my word for it. Go look it up. Or, do as you all usually do, stick your heads in the sand and chant "It's all Germanys fault!". If this madness doesn't stop, we may get another European armed conflict the coming decade, and it won't be pretty. Let's just hope that Germany and all other nations currently paying for the eurozone (which is rumoured to be what Germany had to "pay" to NATO to be "allowed" to re-unite with Eastern Germany) just shut their borders, tell the rest of Europe to go stick their nonsense where the sun doesn't shine, and we can all be done with this despicable mess.

At least, Ambrose Evans Pritchard recognizes to some part what is actually going on :

This document is not final, of course. Mr Sarkozy knows how go full-throttle histrionic, throw a fit, play the war guilt card, scream, shout, and even threaten to walk out of Emu (as he did in the May 2010 summit). He is so mercurial and impetuous that he might actually do something shocking if Germany refuses to meet him half way.

Go ahead, Mr. Sarkozy, and do the world the favour of playing your bluff one last time. Hopefully, Germany will take you up on that offer, and re-introduce the Deutsche Mark. Then you can have your beloved socialist union, and your own taxpayers can pay for the nationalization of your insolvent banking system.

Pentagon, psychic warfare and Glenn Beck

As a foreign observer, who is deeply interested in the machinations of the US warfare machine, I cannot help but think that maybe there is something going on. November 30th, if I remember correctly, is the end-date for the "Super-committee" to come up with budget cuts or budgets of all departments will be slashed. There has already been one congressman out trying to propose that the Pentagon should be excluded.

And now, we have two very interesting "threats". First, there is the strange incident of Iranian plotting against a Saudi ambassador. Aside from the obvious fact that the Saudis will use this as an excuse to turn up the rhetoric agains Iran, the whole thing reeks of crime provocation or outright fraud.

In addition to this, since the US has executed (without trial) a man that may at least have looked faintly like Usama Bin Ladin, and thereafter dumped him at sea to hide all evidence, the Afghani threat is no longer viable. NATO is likely to give up within a year or two, and Afghanistan will return to being the words premier drug-smuggling route. But fear not, after pushing the Pakistani into the grateful hands of the Chinese, the war machinery is now very busy creating a new enemy, complete with terrorist movement and demonic leader.

If one wasn't a believe in coincidences, it would almost look like the Pentagon is trying to make themselves indespensible to avoid budget cuts. And then there is the sad story of Glenn Beck.

Glenn Beck was always a strange character, swinging between admiration for the neo-cons, and shouting libertarian anti-state propaganda (but like Ron Paul, always with a solid admiration for the founding fathers). It is my firm belief that he unfortunately peeked a bit too far behind the curtain, and it was decided that he should be taken off the air. After all, he did quite a lot to show the deep corruption in the US political system, warning about disastrous inflation, pointing fingers towards the US Federal Reserve, and attempted to teach americans a thing or two about what was the foundation for the formerly marvellous US economy.

And since I watched almost every episode from this side of the pond, I couldn't help but notice something that happened as the Glenn Beck program moved towards its final season. Clearly, someone made poor Glenn Beck believe that the "moslem threat" against the Western world was the one important focal point. He probably didn't need much convincing. From what I've seen lately, he's been on a religious quest to promote the state of Israel, and while I can still admire the fact that he seems to be a deeply compassionate man, he clearly would have done much more use by continuing to bash the endless spendthrift US government instead of running the errands of the neo-con war machinery. The thing that probably did him in was when he admitted on air "I'm starting to feel like Ron Paul when it comes to foreign policy". Never look too far behind the curtain, unless you are prepared for the consequences.

Is America tired enough of war, or will the military-industrial complex score yet another victory by sending US troops on some wild quest to blow up windmills?