Tag Archives: bailout

Secret Letters Reveal ECB’s Trichet Forced Ireland into 2010 Bailout

The Irish Times obtained and published a letter from Jean Claude Trichet to then Finance Minister (and now deceased) Brian Lenihan revealing that the ECB forced Ireland into bailout by refusing any further liquidity unless Ireland signed on the bailout … Continue reading

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British Empire Demands Action from “Cowardly Policymakers” Who Flinched on Bail-in Genocide

Jeremy Warner, the Assistant Editor of the Daily Telegraph of London, was tasked by British Empire hard-liners to write a call to arms on June 30, for the immediate implementation of their “bail-in” reorganization of the trans-Atlantic financial system, by … Continue reading

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You Call That a Stress Test? Euro Banks in Cardiac Arrest Will Be Pronounced Healthy

If your cardiologist tried a stunt like this— calling you into his office for a cardiac stress test, in which he told you not to bother riding the stationary bike, but just sit there while he listened to your ailing … Continue reading

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Ireland Must Just Say NO!

The great historical figure, Cardinal Nicholas of Cusa, used the term “learned ignorance” to challenge the fatal psychological malaise that was so widespread amongst the so called “ruling classes” throughout Europe in his day and which had created the environment for … Continue reading

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Swiss Central Banker Acknowledges Bail-In Still Means Bail-Out

Coverage of the Glass-Steagall fight in other nations is not completely blacked out of pre-election Germany. Swiss Central Bank head Thomas Jordan was interviewed Sept. 14 (in writing) by Bild, and acknowledged (even after the Swiss banking agency FINMA’s blunt … Continue reading

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Beware! Cyril Roux: The fox guarding the Central Bank henhouse

The entrance to the Central Bank henhouse is a revolving door. Three years into his five year contract, Matthew Elderfield is leaving his Central Bank  financial regulator post to enter Lloyd’s of London. He says that when he attended the … Continue reading

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The IMF’s Latest Report Admits Failure of Bailout

3 July (EIRNS)  City of London mouthpiece Ambrose Evans-Pritchard writes that the latest International Monetary Fund report on Greece admits that the bailout policy is a failure and unsustainable. In his regular Daily Telegraph column, Evans-Pritchard argues that when the … Continue reading

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What Greek Bailout? 98.5% Went Straight To the Banks

30 July (EIRNS) No more than 1.6% of the Greek bailout fund actually remains with the Greek government. According to the Greek daily Eleftherotypia. Of the EU236.8 billion in loans and EU25.5 billion from privatizations which were placed between 2010 … Continue reading

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Congressmen Who Voted for 2008 Bailout and Against Financial Reform Got Big Contributions from Wall Street

  In 2010, Wall Street spent $251 million fighting financial reform, according to the Center for Responsive Politics (www.opensecrets.org). According to Public Citizen’s analysis, Congressmen who voted with Wall Street on both the bailout and against financial reform received nearly … Continue reading

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The British Monarchy Controls the Bailout Process

31 May (LPAC) When the global financial blowout exploded into public view in September 2008, the British Monarchy moved quickly to take control of not only the bailout process, but also of the reorganization of the global system that would … Continue reading

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