Showing posts with label IMF riots. Show all posts
Showing posts with label IMF riots. Show all posts
Friday, May 27, 2011
Friday, December 10, 2010
INCREDIBLE Raw Footage of UK Students Battling Police (VIDEO)
YouTube RTV
Mass demonstrations by thousands of students and trade unionists in central London against an increase in tuition fees, are growing more violent. It's the latest and the largest in a string of rallies against sweeping austerity measures and budget cuts across Europe. What started as a relatively peaceful march later turned into violent clashes with the police, which is largely outnumbered by the demonstrators.
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RELATED ARTICLE:
Citizens of Europe Rage Against the Machine
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Mass demonstrations by thousands of students and trade unionists in central London against an increase in tuition fees, are growing more violent. It's the latest and the largest in a string of rallies against sweeping austerity measures and budget cuts across Europe. What started as a relatively peaceful march later turned into violent clashes with the police, which is largely outnumbered by the demonstrators.
RT on Facebook: http://www.facebook.com/RTnews
RT on Twitter: http://twitter.com/RT_com
RELATED ARTICLE:
Citizens of Europe Rage Against the Machine
Buy 1 Get 2 Free at Botanic Choice Buy 1 Bottle and Get 2 FREE (select items), plus Free Shipping on $25+ Expires 12/31/2010
Fresh food that lasts from eFoods Direct (Ad)
Live Superfoods
It is time to Wake Up! You too, can join the "Global Political Awakening"!Print this page
Sunday, November 28, 2010
Citizens of Europe Rage Against the Machine
Austerity measures drive 100,000 protesters to the streets of Ireland, another 100,000 in Italy as Europeans continue to rage against the international banking machine.
Eric Blair
Activist Post
The international bankster machine seeking to colonize Western nations through debt is now meeting resistance from Greece, to France, to Ireland, to Italy, to Spain, to Portugal, and to the U.K.
These new protests in Ireland and Italy follow a crippling 2-week strike in France where citizens took over fuel refineries and other vital infrastructure, more strikes in Greece which took over the Acropolis, and a massive student protest in the UK that caused physical damage to government buildings. All of these protests were sparked by governments reducing benefits or increasing fees and taxes on a population that had little to do with the private gambling of banks.
These European protests are intensifying as the international bankers move to collect their "pound of flesh" through austerity and sale of public assets. As Europeans are becoming acutely aware of the dubious plan to loot them and the anger at their corrupt elected officials for bowing to banks has reached a boiling point. In all cases the governments are enforcing austerity measures on the people after the private banks over-leveraged themselves to the breaking point, threatening to bring down entire nations.
For years the bankers churned out easy credit to these nations while they invested public and private funds into worthless credit default swaps and derivatives. As if orchestrated to perfection, they pulled the plug on those toxic assets, essentially bankrupting the more fragile developed countries, followed by calling their debts due. Now they're demanding that European governments be forced into IMF bailouts that impose drastic austerity measures on the populace.
By forcing tax increases and reducing benefits for the citizens of sovereign nations, the IMF is essentially rewriting their laws. Well, it appears that the citizens of Europe have had enough. The massive protests, strikes, and riots that have swept through the streets of many European countries have resulted in growing calls to reject the bailout money used to prop up failed banks and corrupt governments. The Irish people prefer to default on the debt which drove the EU 'completely mad'.
The protesters are getting support from someone who is experiencing the outcome of resisting public bailouts of private banking debts. The President of Iceland recently remarked that they're in much better shape than Ireland because they let the private banks fail and their currency naturally devalued, allowing them to regain some competitiveness relative to their neighbors:
Nigel Farage speaks with such confidence against the EU, as he should, given that a recent mainstream media poll showed 99% of UK citizens want out of the Euro. The battle against the banking cartel is clearly happening with Europe as the spearhead. As Europeans continue to fight back against corrupt international banksters, lazy Americans continue to live with a much lower standard of living and do nothing to challenge the system.
The rage in Europe and quiet streets in America is causing the euro to fall against the dollar. The dollar was all but declared dead in the lead-up to the Fed's QE2, but now the eurozone debt crisis has taken center stage. The European Council is set to meet again this December to amend the Lisbon Treaty to essentially legalize more bailouts. Some insiders are calling it an impossible mission to get all European countries to agree on fair amendments. The outcome of these December meetings will assuredly be pivotal in determining whether the euro "experiment" will survive.
If it crumbles, so then does the structure for a global currency. Indeed, the front lines in the battle to conquer plans for a global currency and the end of sovereign nation states is being waged by the angry citizens of Europe. Bravo comrades, keep up the fight!
RECENTLY by Eric Blair:
Endgame Legislation: Lame Duck Session Ushers in Tyranny
Eurozone Debt Crisis 2.0: Dollar Sucks Less Than Euro, Again
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Live Superfoods It is time to Wake Up! You too, can join the "Global Political Awakening"!
Print this page
Activist Post
The international bankster machine seeking to colonize Western nations through debt is now meeting resistance from Greece, to France, to Ireland, to Italy, to Spain, to Portugal, and to the U.K.
These new protests in Ireland and Italy follow a crippling 2-week strike in France where citizens took over fuel refineries and other vital infrastructure, more strikes in Greece which took over the Acropolis, and a massive student protest in the UK that caused physical damage to government buildings. All of these protests were sparked by governments reducing benefits or increasing fees and taxes on a population that had little to do with the private gambling of banks.
These European protests are intensifying as the international bankers move to collect their "pound of flesh" through austerity and sale of public assets. As Europeans are becoming acutely aware of the dubious plan to loot them and the anger at their corrupt elected officials for bowing to banks has reached a boiling point. In all cases the governments are enforcing austerity measures on the people after the private banks over-leveraged themselves to the breaking point, threatening to bring down entire nations.
For years the bankers churned out easy credit to these nations while they invested public and private funds into worthless credit default swaps and derivatives. As if orchestrated to perfection, they pulled the plug on those toxic assets, essentially bankrupting the more fragile developed countries, followed by calling their debts due. Now they're demanding that European governments be forced into IMF bailouts that impose drastic austerity measures on the populace.
By forcing tax increases and reducing benefits for the citizens of sovereign nations, the IMF is essentially rewriting their laws. Well, it appears that the citizens of Europe have had enough. The massive protests, strikes, and riots that have swept through the streets of many European countries have resulted in growing calls to reject the bailout money used to prop up failed banks and corrupt governments. The Irish people prefer to default on the debt which drove the EU 'completely mad'.
The protesters are getting support from someone who is experiencing the outcome of resisting public bailouts of private banking debts. The President of Iceland recently remarked that they're in much better shape than Ireland because they let the private banks fail and their currency naturally devalued, allowing them to regain some competitiveness relative to their neighbors:
“The difference is that in Iceland we allowed the banks to fail,” Grimsson said in an interview with Bloomberg Television’s Mark Barton today. “These were private banks and we didn’t pump money into them in order to keep them going; the state did not shoulder the responsibility of the failed private banks.”UK's Libertarian politician, Nigel Farage, once viewed as a fringe player, is now getting international recognition for forewarning his European comrades about the troubles in the system. He's quickly becoming a hero to the banker resistance as his credibility reaches new heights for being proved right -- much like his U.S. counterpart Congressman Ron Paul. His rants in the European Parliament are going viral on YouTube as the people are waking up to their servitude to banks and a lack of true democracy and sovereignty.
Nigel Farage speaks with such confidence against the EU, as he should, given that a recent mainstream media poll showed 99% of UK citizens want out of the Euro. The battle against the banking cartel is clearly happening with Europe as the spearhead. As Europeans continue to fight back against corrupt international banksters, lazy Americans continue to live with a much lower standard of living and do nothing to challenge the system.
The rage in Europe and quiet streets in America is causing the euro to fall against the dollar. The dollar was all but declared dead in the lead-up to the Fed's QE2, but now the eurozone debt crisis has taken center stage. The European Council is set to meet again this December to amend the Lisbon Treaty to essentially legalize more bailouts. Some insiders are calling it an impossible mission to get all European countries to agree on fair amendments. The outcome of these December meetings will assuredly be pivotal in determining whether the euro "experiment" will survive.
If it crumbles, so then does the structure for a global currency. Indeed, the front lines in the battle to conquer plans for a global currency and the end of sovereign nation states is being waged by the angry citizens of Europe. Bravo comrades, keep up the fight!
RECENTLY by Eric Blair:
Endgame Legislation: Lame Duck Session Ushers in Tyranny
Eurozone Debt Crisis 2.0: Dollar Sucks Less Than Euro, Again
Fresh food that lasts from eFoods Direct (Ad)
Live Superfoods
It is time to Wake Up! You too, can join the "Global Political Awakening"!Print this page
Saturday, November 27, 2010
Irish Pension Reserve Funds Openly Targeted by Banksters
Irish Examiner
UP to €15 billion from the National Pensions Reserve Fund, set aside when the Celtic Tiger was still roaring, is likely to be used to recapitalise three of the country’s banks.
Amid speculation last night that the rate of interest to be charged on the EU/IMF bailout could be as much as 6.7%, Fine Gael’s finance spokesman Michael Noonan said that kind of rate was "far too high" and unaffordable on any reasonable projection of growth.
The Department of Finance said the interest rate had still not been finalised, but given that much of the loan would be repayable over nine years the rate could be higher than the 5.2% charged to Greece but would not be as high as the 6.7% being quoted by some brokers.
Meanwhile, Anglo Irish Bank, which was downgraded to junk status yesterday evening, is expected to be closed swiftly, together with the Irish Nationwide Building Society, under the EU/IMF loan plan.
Officials hope to finalise the details of the €85bn package later today and have EU finance ministers approve it tomorrow.
The emphasis in the plan is to avoid drawing down money from the bailout and rely in the first place on money from the Pension Reserve Fund for the banks, and on the €20bn the state borrowed earlier this year to part-fund next year’s national budget.
Economist at the Economic and Social Research Institute, John FitzGerald, said he believed it would be a good idea to use the money in the pensions fund to recapitalise the banks, and keep the EU/IMF funds in reserve in case they needed further money later.
"Using the €20bn in cash we have first would be good for the country in the short run. It would leave the opening debt for 2012 €20bn lower and interest payments would be €1bn less. It would also leave the national debt lower than forecast at the end of next year," he said.
About €35bn of the total EU/IMF loan was being earmarked last night for the banks.
The Government would prefer not to tap this sum but keep it in reserve for contingencies during the three-year programme.
Read Full Article
RELATED ARTICLE:
Eurozone Debt Crisis 2.0: Dollar Sucks Less Than Euro, Again
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Live Superfoods
It is time to Wake Up! You too, can join the "Global Political Awakening"!Print this page
Sunday, November 21, 2010
Former Manchester United Footballer Ignites Banking Protest
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| Eric Cantona - MPC/Rex features image |
Kim Willsher
Guardian
As students and public sector workers across Europe prepare for a winter of protests, they have been offered advice from the archetypal football rebel Eric Cantona.
Cantona was once a famous exponent of direct action against adversaries on and off the pitch. In 1995 he was given a nine-month ban after launching a karate kick at a Crystal Palace fan who shouted racist abuse at the former Manchester United star after he was sent off. But while sympathising with the predicament of the protesters in France, the now retired Cantona is urging a more sophisticated approach to dissent.
The 44-year-old former footballer recommended a run on the cash reserves of the world's banks during a newspaper interview that was also filmed. The interview has become a YouTube hit and has spawned a new political movement.
The regional newspaper Presse Océan in Nantes had asked Cantona about his work with the Abbé Pierre Foundation, which campaigns for housing for the destitute and for which he produced a book of photographs last year. But the discussion soon moved on to other issues, including the demonstrations in France and elsewhere against government cutbacks in the new era of austerity.
Cantona, wearing a bright red jumper, dismissed protesters who take to the streets with placards and banners as passé. Instead, he said, they should create a social and economic revolution by taking their money out of their bank.
He said: "I don't think we can be entirely happy seeing such misery around us. Unless you live in a pod. But then there is a chance... there is something to do. Nowadays what does it mean to be on the streets? To demonstrate? You swindle yourself. Anyway, that's not the way any more.
Read Full Article
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Wednesday, November 17, 2010
Max Keiser: Irish govt slaves to IMF terror machine!
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