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no more banksters

no more banksters's Journal
no more banksters's Journal
July 8, 2016

After Greece, Slovenia takes a taste of the European Financial Dictatorship!

The Slovenian police said on Thursday the Bank of Slovenia and its employees did not enjoy privileges which would exempt it from investigation in pre-criminal procedures. It added that the people who are being investigated did not act in the name of the European Union but as officials of a Slovenian institution. Slovenian police conducted an investigation in four locations in Ljubljana on Wednesday, including at the central bank, collecting evidence in a pre-criminal investigation related to possible irregularities during a bank overhaul in 2013.

"Seized equipment contains ECB information and such information is protected under directly applicable primary EU law" Draghi said in a letter to the Slovenian State Prosecutor General. "The ECB will also explore possible appropriate legal remedies under Slovenian law" he added.

Slovenian police said the investigation related to an assessment of one of the banks rescued by the state in 2013, which meant the bank could scrap its obligations towards holders of subordinated bonds and subordinated debt to the value of 257 million euros.

In 2013 the previous government had to pour more than 3 billion euros into local banks to prevent them collapsing under a large amount of bad loans. The move helped the country narrowly avoid an international bailout. As part of the bank overhaul about 600 million euros of subordinated bonds were scrapped in five banks. In 2014, the Slovenian Association of Small Shareholders filed several court cases against the Bank of Slovenia and local banks, claiming the subordinated bonds and shareholders' capital in rescued banks should not have been erased. None of the cases have yet been finished.

It's obvious that the banksters' syndicate called ECB demands zero control and complete independence from the authorities of each country, so that the banking lobby can maintain absolute sovereignty over the debt colonies of the EFD.

http://failedevolution.blogspot.gr/2016/07/after-greece-slovenia-takes-taste-of.html
July 6, 2016

Here is why the black priesthood of the euro-dictatorship wanted to get rid of Varoufakis

The Plan B for Greece that was drafted by former Greek Finance Minister Yanis Varoufakis foresaw the declaring of a state of emergency, the immediate nationalization of the Bank of Greece, the transformation of bank deposits into a New Drachma and emergency public order measures, according to a book by American economist James Galbraith, Varoufakis’s chief coordinator for the plan.

In the book, “Welcome to the Poisoned Chalice: The Destruction of Greece and the Future of Europe,” which has been translated into Greek, Galbraith describes in detail Varoufakis’s plan for moving Greece to a parallel banking system last year.

...

Even though there was a high-level meeting about the plan, Galbraith said the prime minister did not ask to be briefed, so work on the endeavor ended with the submission of an extensive memo in May.


http://failedevolution.blogspot.gr/2016/07/here-is-why-black-priesthood-of-euro.html
July 4, 2016

The exits epidemic - the US empire must be furious

After the vote for Brexit prevailed, a series of European Union countries expressed their true feelings about the Union. As the ghost of the Far-Right is taking over the continent after EU's complete failure to handle the refugee issue efficiently, several countries threaten the rotten EU structure with an exits epidemic.

The German capital is trying to shape its own pole in the European continent, creating an autonomous bloc. The German technocrats don't know how to do it except go by the book of the mainstream neoliberal economics of destruction, made in IMF. They are characterized by zero flexibility and all they care about is to start another Treuhand operation in European level for the benefit of the German oligarchy. Despite that they destroyed the Greek economy, they didn't hesitate to force the second eurozone economy, France, proceed in anti-labor measures, using the European institutions. They will not hesitate to impose the sado-monetarism recipe even inside Germany.

The problem is that until the whole thing clear up, the exits epidemic may break the EU into pieces with the nightmare of Far-Right hanging above the continent. Recall that the Czech president proposed referendum not only on EU, but also on NATO membership. Therefore, the US empire must be really furious about the stubborn German inflexibility right now. How things could evolve further from this chaos, it would be better not to think about it ...

http://failedevolution.blogspot.gr/2016/07/the-exits-epidemic-us-empire-must-be.html

July 1, 2016

The German sado-monetarists seek to destroy the EU!

It may sound unbelievable, but it's true. A few days after Brexit, the German sado-monetarists with the Minister of Finance, Wolfgang Schäuble, in the front line, demand stricter fiscal discipline by the EU members!

...

The lunacy of the technocrats is beyond any doubt. There is no other explanation: either they are indeed dangerous sociopaths in constant denial, completely blind and unable to see the oncoming disaster, or, they want really to end the current EU/eurozone Frankenstein project.

How else someone could explain that inside this absolute disaster by the austerity and the fiscal discipline policies in most of the EU area and especially in the eurozone, the German "pundits" demand more sado-monetarism? How else could explain that they act as if there was no Brexit at all, pretending at the same time that they are not seeing others who want to escape from the euro-monster?

Yet, this last suggestion about "downsize the European Commission", probably exposes their panic and attempt to keep the German hegemony through further restriction of democratic procedures. A smaller German-occupied Commission would form a more anti-democratic EU, which the lobbyists and especially the German economic oligarchy will control totally. This shows that the German oligarchy will try to balance the loss of the UK by taking more power inside the EU feudal area.

However, this could become the definite gravestone for the current monstrous neoliberal EU. Nationalists and Far-Right euroskeptics are rising everywhere, seeing already a German-dominated Europe. Therefore we end up to the only possible explanation ... again: the German sado-monetarists seek to destroy the EU!

http://failedevolution.blogspot.gr/2016/07/the-german-sado-monetarists-seek-to.html

June 28, 2016

Iglesias made the same mistake as Tsipras

The results of Sunday's elections in Spain didn't bring anything new. Unexpectedly, the People's Party of Mariano Rajoy gained 14 more seats (137) compared to previous elections, yet still far from the 176 seats required to form government.

Although Podemos managed to build a coalition with the United Left and other Leftist forces, forming Unidos Podemos, remained in third place with 71 seats. No much difference since the last elections in December 2015.

It would be unnatural to expect from the voters who voted for establishment (PP/PSOE) to change in only six months and go to Unidos Podemos. Yet, Iglesias made the same mistake as Tsipras in Greece. He actually ignored the truly disappointed Spanish voters who have chosen not to vote, and tried not to frighten the moderate pro-establishment voters in order to attract them.

As mentioned previously “Corbyn, Iglesias, Tsipras, and others from the moderate European Left have made completely wrong diagnosis of where things are going. They think that a possible Brexit will be a significant loss against their dreams of a united Europe inside the framework of the Leftist internationalism. They live with the illusion that Europe can change course towards this type of internationalism, while in reality Europe has been directed with high-speed to the exactly opposite direction: the neoliberal internationalism through which the banking-corporate neo-Feudalism will soon become a reality.”

Being part of the moderate Left, Iglesias has exactly the same illusions as Tsirpas. Not only he thinks that the current EU monster could be transformed into a Union that will truly serve its citizens under the lobby-occupied Brussels regime, but also that this can be achieved through "sincere" negotiations with the euro-hyenas.

Consequently, the European Left didn't dare to lead the battle against the EU neoliberal monster, starting from Brexit. So, the extreme nationalists exploited this fact to appear in the front line of another big battle.

Iglesias, Tsipras and others appear unable to understand that playing the moderate card won't lead anywhere. SYRIZA already has been transformed into a Social-Democratic entity that is forced to take further cruel measures for the majority of the Greek citizens. They don't understand that millions of disappointed voters won't buy the "revolutionary" speeches in campaigns by the Leftist leaders, when at the same time these sit on the same table to “negotiate” with EU's/eurozone's black priesthood.

Both SYRIZA and Podemos will start to decline into a stagnating situation by the fact that they are unable to attract millions of disappointed voters while try to achieve the impossible: create a humanitarian Europe through “negotiations” with the representatives of bankers and lobbyists.

The only way to escape from this situation is to declare, together with the European Left, a real war on these bankers and lobbyists, throwing out of the game the dangerous nationalists. Otherwise, the Left will be vanished again, and the nightmare of the Far-Right will start dominating Europe.

http://failedevolution.blogspot.gr/2016/06/iglesias-made-same-mistake-as-tsipras.html

June 26, 2016

Brexit vote prevailed, the resistance is possible!

The British should expect a fierce economic war from the global financial mafia which will not accept the result so easily

http://failedevolution.blogspot.gr/2016/06/brexit-vote-prevailed-resistance-is.html
June 21, 2016

Podemos: If we win and blackmail us, it will be the end of Europe

The MEP with Podemos, Lola Sánchez, spoke to journalist and SYRIZA MEP, Stelios Kouloglou, for the campaign of Podemos, the coalition with the United Left and the Greens and gave her own estimates for the outcome of the coming elections in Spain. She also spoke on how a possible government of the Left will deal with the pressure from Brussels. She supported that the economic weight of Spain is quite big, as it is the fourth economic power in the EU, so, they will not do the same things with Spain as they did with Greece. In case they will blackmail a new government of the Left,, they will lose, it will be the end of Europe and they know it.

http://failedevolution.blogspot.gr/2016/06/podemos-if-we-win-and-blackmail-us-it.html

Watch the full interview:

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