Monthly Archives: July 2015

My Admiration for Alex Tsipras Just Grows

After a landslide victory in January Alex Tsipras landed running on the world political stage and straight into the massed baseball bats of Brussels and the Troika. What a baptism of financial and political fire to be introduced to in your first days in power.

His intentions were honourable and with the best interests of the people at heart, except he was totally at odds with the policies of Greek creditors. Easing the financial position of the Greek people had never been a consideration, as poverty and suicide continued hand in glove.

However, the political dexterity of the Greek Prime Minister was admirable, as he ducked and dived around the conference tables of Europe. He successfully outflanked his creditors with a bewildering array of tactics, concluding with a referendum that showed the world just how determined he was to ignore intense pressure not to involve the support his people.

This has resulted in both Brussels and the Troika showing their hand to the world in just how opposed they are to such democratic involvement and support, a warning to all of us. Not only that but the subsequent ferocity of their unrelenting demands to hamstring the Greek people with more debt, as well as helping themselves to 50 billion euros worth of national assets, throws another spotlight upon the thinking and intentions of the new European Central Bank.

Its unelected representatives have been imbued with a power over the 28 member states banks that has all but removed any financial autonomy from those countries, illustrating their total commitment to neoliberalism. This newly declared power will now be directed at regime change in Greece, as they seek a ‘MacDonald’s’ government in each member state to acquiesce to their dictates.

This is NOT what Mr Tsipras has any intention of giving them! He has fought a very lonely battle, whilst undergoing an intense learning curve (haven’t we all!) on the new realities of European politics. What he is fighting is a bureaucracy with a contempt for the people whose countries they now have increasing power over. Democracy is being replaced by indebtedness and austerity that will also support the confiscation of national assets.

On this latter point Greece is a ‘magnetic’ tourist destination with much undeveloped land, both on the mainland and its beautiful islands. With austerity, land can now be bought up at a fraction of its true worth to be developed into attractive holiday accommodation. And the necessary cheap labour to look after those holiday makers will be readily available from an already indentured Greek population.

As the actions of Mr Tsipras lift the veil on the attempted birthing of a NWO I cannot go along with a consensus that is castigating him for a supposed U-turn. Here in the UK we are used to the “I-turn . . . U-turn . . . We all turn together” policies of Cameron’s government and so it is understandable to react when we see something similar elsewhere but I am not so sure. There is a difference between a U-turn and a tactical withdrawal.

I cannot believe that a man who has fought valiantly for his people against insurmountable odds is simply reneging on his deep felt political convictions, just to hold on to power.  Of course he was naïve about the intentions of Brussels and the Troika, weren’t we all!

Neither do I believe he is forfeiting his soul, as previous leaders have done, but simply doing whatever is necessary to refinance his country, albeit with more odious debt, in order to regroup and find more time in which to bring about the socialist changes he is seeking.

In identifying the ‘odious’ nature of much of Greece’s Public Debt, any new debt can only exacerbate this illegal situation and suggests a possible insight into thinking about a longer term plan for the good of his country. That takes courage and commitment, given that his opponents have now taken their gloves off in front of the whole world!

There is an election coming up in September and the Greek people are looking for leadership. Mr Tsipras has acted with integrity towards his people and held firm in his political beliefs, in spite of political colleagues leaving the ‘sinking ship’ and demonstrations opposing what he is doing.

What he is standing up for has touched a nerve in all of us. We know that what is happening to Greece is both unjust and wrong! We also know that we can expect the same treatment, if we too defy the abuse of austerity whilst watching our assets being stripped from us.

The time has come for a new breed of politician with the mettle of Alex Tsipras and entrenched socialist beliefs that can return us to a Society again and away from the Economy we are being forced into.

 

Until the next time

 

Thinking from his Book: Global Magna Carta. Returning Power to the 99% . . . If They Want It! By J T Coombes

 

Who Actually Owns ‘Our’ Money?

banks photo

 “You never change things by fighting the existing reality.  To change something, build a new model that makes the existing model obsolete.” – Richard Buckminster Fuller  

In a piece last week http://www.globalmagnacarta.org/wp-admin/post.php?post=631&action=edit

I alluded to the ‘farcical’ nature of our money, as the taxes we pay are now used to compensate us when the banks steal our money . . . We seem to be paying for everything!!! As I pondered this the penny suddenly dropped.

(I know, I know. Not the brightest in the chandelier but I get there eventually!)

I was explaining how the next collapse will see the banks convert, not our taxes this time but our savings, current accounts and investments into their assets. “But they can’t do that” I hear you say, “It’s OUR money!!!”

Ah! No! Sadly it isn’t . . . It’s theirs! They print it (out of thin air) and then distribute it as 97% of the world’s currencies, charging us compound interest for its use (In Greece’s case at 18%). Every note, coin and digital statement in our pockets, purses, wallets and bank accounts is their property, we are merely borrowing it.

As their property, they can do with it whatever they like and that is precisely what they do. Before the penny dropped I wrote on a number of occasions about 2008 being the greatest financial heist in the history of our species. Sadly I have been misleading you and doing an injustice to the banks. As it’s their money no theft occurred!

All they did was move their money from our ‘taxes pot’ to their seriously broken ‘banking pot’ to repair the damage they had done with all of their sub-prime mortgage/odious debt lending. In taking it out of our ‘taxes pot’ this then left governments without any money to run their countries and so they had to borrow from the banks, something many couldn’t afford.

Therefore the banks insisted governments applied ‘Austerity’ measures, to meet these new debt commitments, which provided them with the excuse to take what isn’t theirs, namely our national assets. They can do all of this because they own and control the global supply of money, which they can hand out or take back whenever they choose and currently there is nothing our governments seem to want to do about it.

When the next collapse occurs they will move their money from our bank accounts into their own bank account, thereby making them solvent again and removing another vast chunk of money out of Society. In Europe the appropriate legislation has already been enacted to make it all appear legal to us, when in fact they don’t really need these cosmetics . . . because it’s all their money. (Just making the point again!)

The widening gap between the rich and poor is because the banks are now choosing to put their money, by the trillion, in the hands of their mates – the global corporations. They are not putting it with the people, who could start the economy growing again, because they choose not to.

Our enslavement by debt is, I believe, the means by which they are hardening their already extensive hold over a now very shaky global financial system that is riddled with Odious debt. (It may also help suppress our growing liberation by the internet.)

It is difficult to find alternative reasons, as I watch the tyrannical ferocity of their demands for the total capitulation of the financially insignificant country of Greece. The world is coming to recognise that this is not responsible banking practice but intimidation in its rawest form, designed to send out a clear message that nobody stands up to the banks.

And from both political and financial perspectives this treatment gets a lot worse. Not only are they destroying democracy, by putting unelected representatives in to run the country but also destroying it with debt. Demanding Greece now takes a new ‘credit card’ with a higher credit limit, to be used specifically to pay off the ‘credit card’ previously issued to them, (and invest little of it in the country), is simply repaying Odious debt with more Odious debt!

Over the years I have read a number of purported conspiracy theories, which to date I have taken with a pinch of salt. These theories suggest that all of the American Presidents who have been assassinated, from Abraham Lincoln to John F Kennedy, had one thing in common. They were all committed to taking away from private banks the issue of the country’s currency and returning it, many would argue rightfully, to a government run Public Banking system that would be of far greater benefit to the people and the economy.

As I ponder this and the mystery that still surrounds the death of JFK, I begin to wonder about these supposed conspiracy theories. Is it possible that what to me was previously ‘farcical’ is indeed lacking in any humour whatsoever?

 

Until the next time.

 

Thinking from his Book: Global Magna Carta. Returning Power to the 99% . . . If They Want It! By J T Coombes