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Spanish Activists Seek Arrest of Banksters


Keelan BaldersonJune 20th, 2012Economy, EU Superstate4 Comments »

As Spanish protesters continue to rally outside the headquarters of financial institution Bankia in Madrid, a proactive group within the movement have taken their point further and filed an official criminal complaint against the former management of the bank [1].

Like many other nations around the world the Spanish people face crippling austerity due to the bailing out of the corrupt global financial system, which collectively crashed the world’s economy due to reckless lending and fraudulent investments. Bankia, which was bailed out and partially nationalised like Britain’s RBS, was a causative factor in Spain’s spiraling debt crisis, and in order to loosen the immediate burden the Spanish Government are to accept a massive EU bailout package, which will be the responsibility of the people to pay back through cuts, taxes and privatization.

Former Bankia President Rodrigo Rato, who took the position after leading the International Monetary Fund between 2004 and 2007, is a key figure in the Bankia lawsuit. He along with several members of the bank’s board are accused of falsifying accounts and providing fraudulent information to shareholders, who were kept in the dark about the institution’s shady practices and were lead to believe it was in a better position that it really was.

Despite the allegations Rato has had the gall to ask for a severance payment of 1.2 million euros from Bankia so he can move on to greener pastures in the financial industry. Citizens however have been left with their head barely above the water.

13 of the bank’s shareholders who are represented in the complaint lost thousands of Euros each after initially being told the company made a net profit of 309 million euros in 2011. In reality the bank actually lost nearly three billion euros. Instead of criminal proceedings the crooks were rewarded with a 19 billion bailout from the Government, tipping the country’s financial burdens over the edge and forcing the nation itself to seek its own bailout from the EU dictators.

Clemence Cohen Eduy, a 62 year old shareholder explained:
“I am very angry. I lost 3,000 euros. This is an enormous amount for me as I live off a small pension. I trusted my bank.”

“I feel like I was completely deceived,” said 37-year-old Carlos Blanco.

Juan Moreno Yague, the lawyer of the activists said in a statement:
“This is only the beginning,” claiming to have “inside information” that also implicates the Bank of Spain and its former governer, Miguel Angel Fernandez Ordonez, in the fraud.

Citizens have come together to let the Government know that they’re not “all in this together”; the fault is not theirs and the debt burden should be on the doorstep of the banksters not hardworking citizens. Over 19,000 euros was raised through an online campaign, which helped fund the legal proceedings. “We want to show that there will be no more impunity. Those responsible must go to jail,” said a spokesperson for the movement.

In a picture the world is now all too familiar with protesters have been met with a heavy hand by state police [2], who rather than arresting those that caused the mess, have been using excessive force against those who want to see real change to the financial system.

However protesters aren’t all peaceful, and really who can blame them? Spain is the fourth biggest economy in the eurozone but has essentially been sold down the river to financial criminals and EU fascists. They’re stuck in a double-dip recession with a quarter of the population out of work, including half of young people.

Spanish coal workers are at the forefront of austerity and have decided enough is enough. Armed with homemade rockets, slingshots and rocks they have managed to force officers completely out of the town of Cirena in northern Spain [3].

Like Greece, Spain threatens to sink the Euro dream. Perhaps this is a sign that that’s all it was, a dream, and that nation states would be much more stable if they were allowed to regain their sovereignty and put their own people first.



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  • fred

    “The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements, arrived at in frequent private meetings and conferences. The apex of the system was the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations. The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.”
    - Carroll Quigley, Professor of History at Georgetown University (deceased) in his book “Tragedy and Hope: A History of The World in Our Time”, 1966

    “The true equation is: Democracy = Government by world financiers.” – J.R.R. Tolkien in “The Letters of J.R.R. Tolkien”

  • canobs

    ___The ECB is Privatized as mentioned in the Lisbon treaty, Not Public to lend no-interest loans to European countries central banks for social needs like roads schools hospitals_____just like the Fed in USA, controlled by the Private Banksters being the BIS(bank for international settlements) IMF and WB.___So Bailouts are useless, the fraudulous casino type actual economy is Doomed.____GoldmanSachs turned Greece bankrupt to destabilize the Euro currency competing with the American dollar for the world oil(petroleum) transactions. ___Ref: webofdebt.com/articles – canobs.livejournal.com

  • ron

    “The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity and was born in sin … The Bankers own the earth … if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create money and control credit.” – Sir Josiah Stamp, Director, Bank of England (the UK’s Central Bank), in the 1920s

    “The most sinister and anti-social feature about bank-deposit money is that it has no existence. The banks owe the public for a total amount of money which does not exist. In buying and selling, implemented by cheque transactions, there is a mere change in the party to whom the money is owed by the banks. As the one depositor’s account is debited, the other is credited and the banks can go on owing for it all the time. The whole profit of the issuance of money has provided the capital of the great banking business as it exists today. Starting with nothing whatever of their own, they have got the whole world into their debt irredeemably, by a trick. This money comes into existence every time the banks ‘lend’ and disappears every time the debt is repaid to them. So that if industry tries to repay, the money of the nation disappears. This is what makes prosperity so ‘dangerous’ as it destroys money just when it is most needed and precipitates a slump. There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth. An honest money system is the only alternative.” – Frederick Soddy, Nobel Prize winner (Chemistry), 1921

    “You see, a legitimate government can both spend and lend money into circulation, while banks can only lend significant amounts of their promissory bank notes, for they can neither give away nor spend but a tiny fraction of the money the people need. Thus, when your bankers here in England place money in circulation, there is always a debt principal to be returned and usury to be paid. The result is that you have always too little credit in circulation to give the workers full employment. You do not have too many workers, you have too little money in circulation, and that which circulates, all bears the endless burden of unpayable debt and usury. In the colonies, we issue our own paper money. It is called ‘Colonial Scrip’. We issue it in proper proportion to make the goods pass easily from the producers to the consumers. In this manner, creating ourselves our own paper money, we control it’s purchasing power and we have no interest to pay to anyone.”
    - Benjamin Franklin, speaking at the London Parliament

    “The colonies would gladly have borne the little tax on tea and other matters, had it not been that England took away from the colonies their money, which created great unemployment and dissatisfaction. Within a year, the poor houses were filled. The hungry and homeless walked the streets everywhere. The inability of the colonists to get power to issue their own money permanently out of the hands of George III and the International Bankers was probably the Prime reason for the Revolutionary War.” – Benjamin Franklin, as quoted from his autobiography

    “The perverse deceptiveness of the individuals who control the Federal Reserve Bank is readily apparent to those who know the necessary historical truths. The fact that they adorn their notes with the symbols of the Freemasons and pictures of our national heroes (to help carry on the charade that the Fed is a government institution) who were actually diametrically opposed to the Fed’s existence and its type of ‘money’, is a mockery that is outright diabolical, and must be the insider’s joke of all time. Unfortunately, the consequences of this colossal con to the American people, and the entire world, are all too deadly serious. The Federal Reserve Bank is not federal, has no reserves, and is not even really a bank.” – [Anonymous]

    “The Federal Reserve Bank is pretty secretive about who it’s owning banks or shareholders are. It has been determined that the “Class A” stock in the Federal Reserve Bank are held by the following 8 institutions: Rothschild Banks of London and Berlin, Lazard Brothers Bank of Paris, Israel Moses Seif Bank of Italy, Warburg Bank of Hamburg and Amsterdam, Lehman Bank of New York, Kuhn Loeb Bank of New York, Chase Manhattan Bank of New York, Goldman Sachs Bank of New York. The Remaining Stock is held by the Chemical Trust and the Rockefeller Trust. These stockholders hold Federal Government Obligations which amount to more than $10 trillion Dollars – The entire U.S. National Debt. Their annual profits from interest payments are over $300 billion dollars per year.” – [Anonymous]

    “History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.” – James Madison

    “Once a nation parts with the control of its currency and credit, it matters not who makes the nation’s laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of the sovereignty of parliament and of democracy is idle and futile.” – William Lyon Mackenzie King, Prime Minister of Canada, 1935

    “I have two great enemies, the southern army in front of me and the financial institutions in the rear. Of the two, the one in the rear is the greatest enemy. The money power preys upon the nation in times of peace, and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. It denounces, as public enemies, all who question its methods or throw light upon its crimes. I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. Corporations have been enthroned, an era of corruption in high places will follow, and the money power of the country will endeavour to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few, and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of the war.”
    - Abraham Lincoln

    “The division of the United States into federations of equal force was decided long before the Civil War by the high financial powers of Europe. These bankers were afraid that the U.S., if they remained as one block, and as one nation, would attain economic and financial independence, which would upset their financial domination over the world.” – Otto von Bismarck, Chancellor of Germany, 1876

    “The death of Lincoln was a disaster for Christendom. There was no man in the United States great enough to wear his boots and the bankers went anew to grab the riches. I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America and use it to systematically corrupt modern civilization.” – Otto von Bismarck, Chancellor of Germany, after Lincoln’s assassination

    “From the days of Spartacist-Wieshaupt to those of Karl Marx, and down to Trotsky, Bela Kuhn, Rosa Luxemburg, and Emma Goldman, [all Khazar Jews], this world conspiracy for the overthrow of civilization and for the reconstitution of society on the basis of arrested development, of envious malevolence, and impossible equality, has been steadily growing. This conspiracy played a definite recognizable role in the tragedy of the French revolution. It has been the mainspring of every subversive movement during the 19th century. And now at last this band of extraordinary personalities from the underworld of the great cities of Europe and America have gripped the Russian people by the hair of their head and have become the undisputed masters of that enormous empire.” – Winston Churchill in the Illustrated Sunday Herald, February 8, 1920

    “There is no such thing, at this date of the world’s history, in America, as an independent press. You know it and I know it. There is not one of you who dares to write your honest opinions, and if you did, you know beforehand that it will never appear in print. I am paid weekly for keeping my honest opinions out of the paper I am connected with. Others of you are paid similar salaries for similar things, and any of you who would be so foolish as to write honest opinions would be out on the streets looking for another job. If I allowed my honest opinions to appear in one issue of my paper, before twenty-four hours my occupation would be gone. The business of the journalist is to destroy the truth; to lie outright; to pervert; to vilify; to fawn at the feet of Mammon, and to sell his country and his race for his daily bread. You know it and I know it and what folly is this toasting an independent press? We are the tools and vassals for rich men behind the scenes. We are the jumping jacks, they pull the strings and we dance. Our talents, our possibilities and our lives are the property of other men. We are intellectual prostitutes.” – John Swinton, former Chief of Staff of the New York Times, called by his peers “The Dean of his profession”, was asked in 1953 to give a toast before the New York Press Club

    “We are the intruders. We are disturbers. We are subverters. We have taken your natural world, your ideals, your destiny, and played havoc with them. We have been at the bottom of not merely the latest Great War but of nearly all your wars, not only of the Russian but of nearly every other major revolution in your history. We have brought discord and confusion and frustration into your personal and public life. We are still doing it. No one can tell how long we shall go on doing it.” – Marcus Eli Ravage, the authorized Jew biographer for the Rothschild dynasty wrote this in an article in The Century Magazine, January 1928, volume 115, no. 3 pp 346-350

  • jim

    “I suddenly realized I had joined the wrong mob.”

    Lucky Luciano, comparing Wall Street to the Italian Mafia