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The court fool reveals
secrets behind world events
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The secrets behind money The secrets behind money:

The bankers hat

The magic of bankers The magic of bankers

sign a loan
If you just sign here, I will give you a balance of $ 1,000 and you will owe me $ 1,000 plus interest.

The banking system in short The banking system in short

exchanging mutual claims
With just a tiny little bit of money bankers can pay each other millions...

Secrets of money, interest and inflation Secrets of money, interest and inflation

Debit, credit, banco! Debit, credit, banco!

Canadas_National_Debt_1940_1987
Politicians give billions away to private bankers...

A tale of two monetary systems A tale of two monetary systems

falling banknotes

Private banks or a bank of the government Private banks or a bank of the government. A comparaison.

From state debt to state money From state debt to state money

Towards a sound economy Towards a sound economy

Bank crisis? Reform!

Bank crisis? Reform! Bank crisis? Reform!

Wall_Street_Bull

the Derivative Scam Banking explained:
the Derivative Scam



The secrets behind the euro The secrets behind the euro:

The madness of the euro

The madness of the euro The madness of the euro

heavy euro

Out of the euro, and then? Out of the euro, and then?

hungry euro

ESM, the new European dictator! ESM, the new European dictator!

YouTube: The new European dictator

ESM robs the Treasuries in 3'51'' ESM robs the Treasuries in 3'51''

Keep quiet! We build Europe!
Keep quiet! We build Europe!"

ESM, a coup d'état in 17 countries! ESM, a coup d'état in 17 countries!

Zeus rapes Europa

Zeus rapes Europa Zeus rapes Europa

Goldman Sachs captures Europe

How the Goldman Vampire Squid Just Captured Europe ESM: How the Goldman Vampire Squid Just Captured Europe

NATO rescues euro in Libya

NATO rescues euro in Libya NATO rescues euro in Libya

Obama and Sarkozy in Libya
Obama and Sarkozy in Libya

Hillary Clinton's emails about Libya Hillary Clinton's emails about Libya

Euromania

EUROMANIA by Peter Vlemmix EUROMANIA by Peter Vlemmix

Ascensao_e_queda_do_euro

Autores:
Rudo de Ruijter
Yannis Varoufakis
Costas Lapavitsas
James K. Galbraith
Gerard Dunénil
Michael Hudson
Ed Dolan
Jacques Nikonoff
Jean-Claude Paye
Eugénio Rosa
Jorge Figueiredo

Exceptional offer
Exceptional offer:

Ivan Boyadjhiev, Confused Perspectives, 40 x 50 cm

Ivan Boyadjhiev, Confused Perspectives, 40 x 50 cm Ivan Boyadjhiev
Confused Perspectives
40 x 50 cm
Click here...




The secrets behind democracies The secrets behind democracies:

Power to the people

The road to democracy The road to democracy

The bizarre Dutch referendum

The bizarre Dutch referendum The bizarre Dutch referendum

Chicken_parliament

The chicken-parliament The chicken-parliament


secrets behind the war in Iraq The secrets behind the war in Iraq:

dollar_bill

Cost, abuse and danger of the dollar Cost, abuse and danger of the dollar

Iraq_Memorial

Iraq Memorial Iraq Memorial


The secrets behind the war in Afghanistan The secrets behind the war in Afghanistan:

Pipelines_to_9_11 / WTC

Pipelines to 9/11 Pipelines to 9/11


The secrets behind the accusations against IranThe secrets behind the accusations against Iran:

Raid on the nuclear fuel market

Raid on Nuclear Fuel Market Raid on Nuclear Fuel Market

Wipe Israel from the map? Wipe Israel from the map?


Farewell to growthFarewell to growth:

outlook_population

World Energy and Population World Energy and Population

World_Energy_Imports_Exports

Turning-point of humanity Energy crisis:
Turning-point of humanity




Facts and lies about the climateFacts and lies about the climate:

Climate Conference Paris 2015

Climate Conference Paris 2015 Climate Conference Paris 2015

The clockwork of the Earth and Sun

The clockwork of the Earth and Sun 1: The clockwork of the Earth and Sun

The activity of the Sun

The activity of the Sun 2: The activity of the Sun

CO2: scare, claims and fraud...

CO2: scare, claims and fraud... 3: CO2: scare, claims and fraud...

Uncover secrets Uncover secrets:

Sleepwalking

Wake up citizens? Wake up citizens?


HumorHumor:

Protest in Draguignan
There are alternatives to capitalism...

Protest in Draguignan Protest in Draguignan

Cartoons

More cartoons Click here fore many more original cartoons...


Treaties Treaties:


Treaty establishing the European Union (EU) Treaty establishing the European Union (EU)

Treaty on the Functioning of the European Union (TFEU) Treaty on the Functioning of the European Union (TFEU)

Amendment article 136 TFEU Amendment article 136 TFEU

First version of the ESM First version of the Treaty establishing the European Stability Mechanism (ESM)(not ratified)

ESM Treaty establishing the European Stability Mechanism (ESM)

TSCG Treaty on Stability, Coordination and Governance in the economic and monetary union (TSCG)

Vienna Convention 1969 Vienna Convention on the Law of Treaties 1969

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Rudo de Ruijter

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Christine, Corinne, Francisco, Evelyne, Françoise, Gaël, Peter, Ingrid, Ivan, Krister, Jorge, Marie Carmen, Ruurd, Sabine, Lisa, Sarah, Valérie & Anonymous...

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The madness of the euro

By Rudo de Ruijter,
Independent Researcher
Netherlands

Fractional reserve bank

Private banks must grow infinitely in order not to fail.  (See: The banking system in short.) That is why we have inflation and live according to the dogma of eternal economical growth.

Restrictions to grow beyond the country's borders would endanger the banks sooner or later. This was well understood by Pierre Werner, banker and prime minister of Luxembourg, who presented the first blue print for the common currency in 1970.

Pierre Werner, banker en prime minister of Luxembourg...

Already at that time, prominent economists had warned that because of the big economic differences this would lead to severe indebtment of the weaker countries. These problems were easy to predict. But debts mean extra income for the bankers. So the euro came and with it the problems.

poisoned euro

Many euro-countries have severe financial problems by now. Many people still don't understand that the euro is not the solution, but the cause.

Indebted euro-countries

The problem? Because of the big differences between euro-countries the cost prices of products differ too. With the open borders, consumers prefer products from less expensive euro-countries. As a result, their local economy fails. At the same time, the euros leave the country as payment for the import-products. To continue to dispose of euros citizens and government must borrow more and more.. The country is trapped in  growing debts...

A country disposing of its own currency can, in such a case, devaluate it. That makes the imported products more expensive for its own population and the export products cheaper for foreign purchasers. The debt will decrease and the productivity increase again. Devaluations were very common before the euro started. The euro works like a fixed exchange rate. Less productive countries are trapped like rats. They will never be able to get out of debts again. That is why the chosen method of loading still more debts on these countries is a strange and ill one.

Christine Lagarde, IMF

Consecutively the banks raise the interest for the local government in such a way, it can only obtain further loans from the Troika (International Monetary Funds, European Central Bank, European Commission.)

The Troika conquers Greece

To supply these loans, the Troika demands Draconic budget cuts. Public officers are fired, services come to a standstill, social achievements are broken down. The people are taught they would be still worse off without the euro. Also, all lucrative possessions of the country must be sold to foreign parties to lower the debt. A man of Goldman Sachs is appointed as governor.

Grexit

Financiers earn billions of interest with these mountains of debt. To prevent that they risk losses because of impayments, the ESM-bank has been set up. (ESM stands for European Stability Mechanisme) The ESM may grab as much tax money as it wants from the treasuries of the eurocountries to make good the losses of the lenders, freely, without any democratic control and without limit.

ESM signature

The ministers of finance appoint themselves as governors of the ESM. (Signature of the first version of the ESM-treaty, 11 July 2011. By the way, this signature was illegal, because the Convention of Vienna, that sets the rules for treaties, does not mention ministers of finance as legal representatives of countries.)

Apparently because the US was not satisfied with this first version, it disappeared in the trash bin a few days later. A second version came on 2 February 2012, this time it was signed by EU-ambassadors. The treaty, however, is not a EU-treaty, but an international treaty. (The EU has not the right to extend its own competences and the ESM limits the competences of the national parliaments.) The rules of the EU don't apply to the ESM and the ESM doesn't have to justify its actions to anyone. No democratic control on the use of our tax money has been foreseen.

Unbelievable but true, the treaty has been ratified by the parliaments and senats of the 17 euro-countries.

This means that in each country a majority (and in some countries even a 2/3 majority) has voted in favor of the treaty. Curiously, that does not mean that those who voted in favor have read the text. At least, those of whom I have read comments in the press had, apparently, read a few lines, without understanding what the treaty was about. We should rather fear that hardly any representative has read the text, because for them, studying the text would have been a waste of time. Whatever the content, they have to vote the way they are ordered to by the leader of their political party. That is the way things go when coalitions are in power.

What we can conclude is that the lobby of the bankers and the europhiles have succeeded to convince enough leaders of political parties - a few persons in each country - to make a majority of representatives vote in favor of the treaty.

They voted in favor of the bankers, not for the people.

Barroso wins second term (2009)

Barroso, president of the European Commission from 2004 to 2014.

It is the European Commission that, according to Barroso, should be the economic government of the Union, which defines the actions that national governments must carry out. (28.09.11)

Euro dupe

 

[1] Iceland, Hungary and Ukraine

     http://uk.reuters.com/article/ marketsNewsUS/idUKLJ43131520090119

 

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