Revealed:
official details on how the EU will steal from us
Are you a citizen with rights, or just a helpless
crustacean?
Three beaming eurocrats - Barroso, Van Rompuy and
Lithuanian Dalia Grybauskaite - emerged triumphant from a session two days ago,
in which they mapped out the biggest bank heist in world history. This is to put
flesh on the eurozone law hastily passed on August 1st (while EU citizens were
on holiday) to deal with the inevitability event of a bank collapse.
Under this draft proposal - which many expect to be applied to the entire EU -
no depositor big or small will in future be able to feel safe with money
deposited in a bank. The Slog now calls for those who represent us, across the
entire cultural spectrum of European society - to do
something.
In a barely read piece a month ago, the International
Business Times reported on the rapidly drafted new EU law for "overhauling
its policy on how banks receive bumper bailouts". Be aware: this is an EU move,
not a eurozone move: it is already law (it passed on August
1st) and although for now it applies only to the eurozone, it is an
EU law. Hardly anyone has commented on this, but the approach being taken
matches word for word the 3-card trick George Osborne used six weeks ago when he
said:
"In future, taxpayers will not be called upon to bail banks
out. It will be down to the creditors and the owners".
The most remarkable example of double-speak to date, at the
time I pointed out that creditors are taxpayers (they're account holders, simple
as that) and so as the Establishments daren't ask us for higher taxes to bail
out their mates in the banking system, they will take it via, if you like,
Direct Debit. It is exactly the same principle of stealing the Troika wishes to
apply to Greek private pension funds.
The initial piece at the IBT website noted that 'Eurozone
leaders agreed upon the major policy shift and also confirmed that the new rules
will help protect the taxpayer and move the burden of bailing out the banks onto
shareholders and junior debt holders." Again, more bollocks: how will ripping
your money out protect you? And note - junior debt
holders...aka, you and I.
But
yesterday from the German site Deutsche Wirtschafts
Nachrichten (German Economic News)
came a piece reporting that all bets are off as far as the 'guarantee of all
funds under €100,000' pledge is concerned. Under the current Lithuanian
Presidency of Dalia Grybauskaite (seen left between a Trot and a poet),
the proposal as drafted - and almost entirely ignored by the Western media -
states as follows:
* Treatment will not be the same regardless of size
of deposit, BUT small account holders will have to wait up to four weeks to get
their money....'depending on how serious the insolvency is'. During that time,
there will be a maximum withdrawal of €100-200 per day - again, perhaps less
depending on the seriousness of the failure. (Based on the Cyprus experience, the haircut in the
end will be at least 60%).
* The EU Parliament - allegedly - is demanding that
deposits of €100,000+ euros should be confiscated within five days. (So much for MEPs offering us some kind of
protection from the Sprouts).
* In the event of a banking collapse, all previous
government commitments are null and void. The force majeur of "exceptional
circumstances" can lead to ways round such pledges. Part of the new plan
suggests savers could also be subject to a 'penalty tax' if they have less than
€ 100,000 in the bank. (So much for Merkel's
promise to the German people).
George Orwell could've dropped acid and still not come up
with a scheme quite so assumptive and brazenly deranged as this one. It is based
on the following insane principles:
1. Putting money in a bank makes every citizen a creditor
of that bank, equally prone to confiscation in order to repay....who exactly?
The answer is, other banks it owed money. So it's not really our money after
all, it's the banking sector's money. After it's been taxed by the Government,
despite the fact that we earned it...it's really all bankers' money after all.
Unbelievable.
2. If we are prudent enough to keep money in smaller
amounts in lots of accounts, we will have to pay a 'penalty tax' - well of
course we will: I mean, given it's never our money really - we're just borrowing
it, or something - then quite right too. And because it isn't really our money,
we shall be given strictly limited spending money per day. The brass neck is
beyond belief.
3. If you have been seditious enough in your life to
actually make quite a lot of money legally, then within five days the money that
was never really yours will be taken back by its rightful owners...the
bankers....or the Government rescuing the bankers but without doing it in our
taxes. Why five days - why not five seconds? I mean, it's their money: we were
just earning it for safe keeping, right? Of course we were.
4. Anything is an exceptional circumstance if they say it
is. Even the Nazis in 1933 had to burn down the bloody Reichstag to declare a
State of Emergency. In 2013, it requires just one dumb, over-leveraged,
f**kwitted bank to collapse under the weight of its CEO's ego, and we're all
pauperised by Law.
I think the time has finally come when we must give our
legislators and 'leaders' here in the UK a gigantic kick up the jacksy. And I
think the time has come for every decent organisation to mobilise even Wayne and
Waynetta to GTF off the sofa and start making it clear to the scheming Wankers
of Westminster that we're not having any of this crap here in
Britain.
As I tried to point out two years ago, this is no
longer a political issue. This is a case of one simple rule by which decent
citizens must abide: stealing things is
wrong...especially when it's done to repair your own stupid decisions in the
past.
These are the questions we should address to everyone
supposed to represent us, starting today:
1. To German Sloggers, demand Angela Merkel make the safety
of ALL EU citizens' bank money a solid Election pledge next month.
2. To the Christian, Jewish, Muslim and humanist
leaderships of Britain: start an outcry in the media. Why aren't you giving your
parishioners more support? Where is the outcry about pilfering from innocent
citizens? Where is the condemnations of illegal, amoral confiscation?
3. To the anti-EU Conservative Right, to UKip and its
leader Nigel Farage, to our MEPs - especially Dan Hannan: do you realise the
delayed referendum on EU membership will come far too late to stop this? When
are you going to start spelling this out to your supporters and media contacts
that this is now a matter of citizen survival? Why hasn't there been uproar in
the European Parliament about this? You guys talk a good game, but where's the
line in the sand?
4. To the TUC: Your members are about to be fleeced by the
Co-op's management, and stand to be ruined by the EU's ECB-driven policy of
slashing both the wages and assets of the European workforce. Can we have less
political point-scoring, and more ecumenical organising action?
5. To the Labour Party leadership: show that you truly are
our friend in tough times. Stop doing bloody focus groups and poncing about
between the lines of bland policy statements designed to make you look
harmlessly voteworthy. Come back off your holidays and take a stand - when are
you going to start hounding Camerlot bigtime on this iniquitous policy? Or are
you complicit in it? Please tell us.
6. To the whingers and
it-won't-make-any-difference-it's-nothing-to-do-with-me brigade: sorry, but you
just ran out of road. Like it or not, you're involved. Start a movement now to
remove every penny of current account and deposit monies from the bank. Are you
a live Homo sapiens, or a braindead lobster?
The Co-operative scandal is just the beginning. They are
going to take our money and leave us all penniless....at their mercy. To combat
this, we really don't need any slogan beyond this one:
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