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Take Your Money Out of the Bank, While You Still Can

Dave Hodges –  thecommonsenseshow

It is now clear, the government of Cyprus was given two options by the IMF and the EU in which they were told that they could steal  money from private bank accounts or they could leave the Eurozone all together and face total economic annihilation. This theft involves seizing the funds of all accounts over 100,000 euros, then stealing up to 40% of those funds sometime over the next few weeks, or whatever EU finance ministers decide exactly how much to steal.

Take Your Money Out of the Bank, While You Still Can

bankster 4

I However, no accounts containing less than 100,000 euros will be impacted. This amount was not arbitrarily chosen. The 100,000 mark was chosen because all EU bank accounts are insured up to 100,000 euros. Therefore, the criminal banksters believe that they can steal anything over 100,000 euros because it is not insured.

Except for the 132 preferred insiders who got their money out of Cypress the day before the announcement of the grand banking theft, the Eurogroup finance ministers  have subsequently announced that the large Bank of Cypress depositors’ above the 100,000 level now have their accounts frozen. The 132 preferred insiders reminds me of Goldman Sachs doing put option, for preferred insiders in Transocean stock the morning of the Gulf oil explosion.

Lars Christensen, the CEO of Saxo Bank, in a recent blog post, chastised the thievery of the IMF and the EU with the following statement.

“This is a breach of fundamental property rights, dictated to a small country by foreign powers and it must make every bank depositor in Europe shiver. Although the representatives at the bailout press conference tried to present this as a one-off, they were not willing to rule out similar measures elsewhere – not that it would have mattered much as the trust is gone anyway. It is now difficult to expect any kind of limitation to what measures the Troika and EU might take when the crisis really starts to bite.

if you can do this once, you can do it again. if you can confiscate 10 percent of a bank customer’s money, you can confiscate 25, 50 or even 100 percent. I now believe we will see worse as the panic increases, with politicians desperately trying to keep the EUR alive.

Depositors in other prospective bailout countries must be running scared – is it safe to keep money in an Italian, Spanish or Greek bank anymore? I don’t know, must be the answer. Is it prudent to take the risk? You decide. I fear this will lead to massive capital outflows from weak Eurozone countries, just about the last thing they need right now.”

Plain and simple, the Cypress fiasco is a bankster beta test which is being used to test the intestinal fortitude of bank depositors. If there is no uprising in Cypress, the banksters will move on to Greece, then to Italy, and on to Spain. Even New Zealand is rumored to be in the cross hairs of the banksters. In short, these tactics will spread like wildfire to every G20 nation on the planet including the United States.

Helicopter Ben Bernanke refuses to address the possibility of the this grand theft from spreading to the United States.  However, recent DHS actions have spoken volumes to that end, as they have declared that, under the Patriot Act, they can enter any safe deposit box and seize any bank account. Further, any bank employee caught leaking DHS memos to the public can and will be prosecuted under the same act. Subsequently, the US will not need a Cyprus like Deposit tax since they can take whatever is deemed as contraband by an inspecting DHS agent and they will not likely stop with seizing safety deposit boxes. Now America should know why the DHS has purchased 2.2 billion rounds of ammunition and 2700 armored vehicles as  they know that this planned theft will be met by resistance by American account holders. And DHS will not stop with the theft of our bank accounts, my sources tell me that Obama is going after every investment including our pensions and 401k’s. The banksters on Wall Street are also acquiring firearms, ammunition and control over private mercenary corporations like DynCorp and Blackwater, as authorized by Department of Defense (DOD) directive 3025.18.  It is interesting to note that this is the same DynCorp that was caught trafficking in child sex rings and got off with only a small fine. The bankers have revealed themselves for who they really are.

John "the Don" Corzine

John “the Don” Corzine

With all the discourse covering this volatile situation in which nobody’s money is safe. The “legal precedent” has already been set in stone courtesy of the United States justice system. Who could ever forget the MF Global (MFG) scandal which stunned American financial centers when Jon “the Don” Corzine, CEO of MF Global, oversaw the disappearance of $6.3 billion dollars, from secured and segregated accounts, which were used as collateral  on bad gambling bets placed upon indebted European nations. The subsequent European nation’s credit ratings went down the toilet and JP Morgan, the mastermind behind this theft of secured investment funds, handsomely profited. And where was the Securities and Exchange Commission during this criminal debacle? Well, the agent in charge of the division which would have overseen the MF Global theft by former Goldman Sachs, Jon Corzine, was given a free pass by former Goldman Sachs enforcement agent, Gary Gensler. And let’s not forget about the stunning decision made in August of 2012, in which the 7th Circuit Court of Appeals, from Illinois, ruled that once a person deposits their personal money in the bank, the bank is free to do with whatever it wants to do with the depositor funds including covering their bank losses, engaging in risky investments and presumably, even stealing the funds. Is it clear why Jesus chased the money changers from the Temple?

Get your money out of the bank immediately. Leave just enough in the bank to pay bills. Buy a fireproof safe and install it in a secure and hidden location within your home. Do not keep anything in a safety deposit box because very soon it will become the property of DHS.

Could this be the beginning of the trigger event which will ultimately lead to revolution in this country, complete with roundups and mass exterminations of dissidents? Time will tell. Meanwhile, get your money out of the banks, now, while you still can.

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Underworld

British government will buy OneWeb for surveillance

The developer of the OneWeb global Internet satellite system, which went bankrupt at the beginning of the year, announced that it had agreed to buy the business and continue its work. Shares in the company will receive the UK and the British branch of the Indian company Bharti Enterprises. In total, one billion dollars will be invested in OneWeb, which should allow to continue launching satellites.

OneWeb is a project to create a global satellite Internet system. To date, the company launched 74 of the 650 satellites planned. Satellites should be located in 12 orbital planes at an altitude of 1200 kilometers. The first batch of satellites was launched by Roscosmos, but it also got most of the launch contracts. Despite this, the operation of the system in Russia is in question: while OneWeb has not been able to obtain the necessary permissions from the Russian State Commission on Radio Frequencies.

At the end of March, OneWeb announced that it had filed for bankruptcy because it was unable to agree with investors on financing because of the global crisis caused by the coronavirus pandemic. According to the Finantial Times, the deal fell through a few hours before the next launch of the satellites, which after that they decided not to cancel. The company filed for a form of bankruptcy that allowed it to sell the assets of another organization so that the project could continue.

On July 3, OneWeb announced that the British government and Bharti Global Limited will become the new owners of the stake in the company. It is the British representative office of the Indian conglomerate Bharti Enterprises, which includes, among other things, the third largest mobile operator in the world – Bharti Airtel. Each of the new co-owners will invest $ 500 million.

The exact details of the deal are unknown, but Bloomberg reports that the new owners will receive shares of 45 percent, and the remaining 10 percent will go to current investors. Although OneWeb, Bharti Global Limited, and the British government have agreed on the terms, OneWeb lenders may reject the deal. It is expected that in the coming months the company will continue to launch satellites into orbit.

In a press release, OneWeb notes that India’s Bharti Airtel will use satellite communications in its networks. The benefit to the British government, in addition to the overall strengthening of its presence in space, is not called. However, before that, experts have repeatedly noted that this may be related to the UK’s plans to create its own satellite navigation system, which became known after the European Union decided to disconnect the country from its Galileo satellite system.

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Underworld

US coronavirus medicine will cost $ 3120

Gilead Sciences, an American biopharmaceutical company, has announced the value of its coronavirus drug. The general course of treatment for 5 days will have a price tag of $ 2,340.

Until September, remdesivir will be sold only in the United States. The cost of a full course of treatment for people with private insurance is $ 3,120, for an ampoule – $ 520. For patients with state insurance, as well as for patients from other countries, the price of the drug will be $ 2,340 per course and 390 per bottle.

Remdesivir was approved in early May for the treatment of coronavirus in the United States. Although the drug was originally developed to combat Ebola, it was not able to show visible results against this disease. But later, the drug had an effect in the treatment of SARS and MERS infections.

A large clinical study by the National Institute of Allergology and Infectious Diseases showed that the drug reduced recovery time by an average of four days, but did not affect the number of deaths.

Since the United States has a fairly large network of insurance institutions, the importance of remdesivir is not only in its benefit to the patient, but also for the healthcare system.

“Based on the example of the United States, an earlier discharge from the hospital will save her about $ 12 thousand per patient,” said Daniel O’Day, director general of Gilead Sciences.

Since receiving permission for emergency use of the drug, Gilead Sciences has transferred remdesivir to hospitals to treat patients. The last batches of donated drugs were distributed on Monday, June 29th.

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Underworld

In Germany, for almost 30 years, the authorities secretly gave orphans to pedophiles

In Germany, the University of Hildesheim published the final report on the scandalous Kentler project – a terrifying social experiment, during which for about 30 years children were given up for adoption to pedophiles, calling it molestation “socialization” and “sexual education,” Deutsche Welle writes.

In the 1960s in Germany, people in some circles viewed sex with children not as taboo, but as something progressive. One of the key figures in such thinking was Helmut Kentler, professor of psychology and pedagogy in Berlin. For a long time he was considered a seer and one of the most prominent sexologists in Germany. His books on education sold well, he was a popular expert and commentator on radio and television, and held leading positions in the Berlin center for educational research. 

The psychologist founded the theory of “emancipatory sexual education”, suggesting that children have the right to express their sexuality. Beginning in the 1970s, he conducted clinical trials in which pedophiles were allowed to adopt homeless teenage boys aged 13 to 15 for their “mutual benefit”. According to Kentler, pedophiles could become particularly loving adoptive parents.

By 1988, the professor summed up the results of the first stage of the experiments, calling it successful. He argued that sexual relations between adoptive fathers and minors are harmless and help adolescents quickly adapt to society and facilitate the process of growing up. The fact that the boys entered into adulthood with a broken psyche did not bother Kentler.

The experiments were secret, but were carried out with the full approval of the authorities of West Berlin. In his papers, the psychologist wrote that he “managed to enlist the support of responsible local authorities”: from academic institutions to state social welfare services.

For many years, the professor managed to convince the authorities of the normality of his ideas, so he was never prosecuted by the court. By the time his victims made statements, his statute of limitations had expired. The scandal flared up only in 2015; Kentler himself died in 2008.

When the full-scale investigation began, it turned out that there was a whole network in which officials from the Berlin Office for Juvenile Affairs, the city Senate and a number of educational institutions were involved. All of them “accepted, supported and defended” the experiment and its adult participants. In addition, it was possible to establish that among the adoptive fathers were, including eminent scientists from the Max Planck Institute, the Free University of Berlin and the Odenwald school, which are now suspected of pedophilia. (By the way, the Odenwald school was already the subject of litigation in 2014, when a case was launched on the corruption of minor students.) According to Marco and Sven, who became victims of the experiment, one person, The suspect in involvement in this system – the former head of the youth welfare service – is still alive. However, no investigation has yet been made.

The first report on the Kentler experiment was published in 2016 by the University of Gottingen. Researchers then stated that the Berlin Senate did not seem interested in clarifying the truth.

Berlin senator for youth and children Sandra Sheres called the results of the investigation of the University of Hildesheim “shocking and terrifying.” She openly expressed her sympathy for the victims and condemned the crimes, which she calls “simply unimaginable.” Although the statute of limitations for these crimes has expired, Sheres promised financial compensation for the suffering.

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