Posts Tagged ‘expropriation’

They Are Coming For You

March 20, 2013

The debacle in Cyprus seems to have awaken some to the reality of the concentration of power in the hands of the European Union’s appartchiks.

What is still missing in the outpouring of outrage at popular level and, more disconcertingly, in the main stream press is the fact that the suspension of laws protecting private property has a precedent; a very recent and stunningly blatant precedent.

In 2011 MFGlobal filed for bankruptcy after $1.3Billion (with a B) in deposited funds had been pilfered from private accounts. In normal times this would have been an open-and-shut case as the regulators and sundry insurance bodies along with the department of justice would have stepped in to reimburse the losses and prosecute the company’s management. What actually happened is that the regulators as well as the DOJ did not uphold the law opting instead to hang the rightful owners of the funds out to dry; and mind you we are talking here of some large investors with a certain degree of clout (but obviously not enough of it to be able to recover their funds).

The supine passivity of the regulators was then confirmed  when Peregrine filed for bankruptcy too.

In hindsight, we can see that these two instances were merely trial balloons paving the way for a strategy to be rolled out at national level.

Today it is Cyprus’ turn. Tomorrow it will be anyone from France to Portugal via Spain and Ireland.

Never forget that evil triumphs when good people remain silent.

First they came for the communists,
and I didn’t speak out because I wasn’t a communist.

Then they came for the socialists,
and I didn’t speak out because I wasn’t a socialist.

Then they came for the trade unionists,
and I didn’t speak out because I wasn’t a trade unionist.

Then they came for me,
and there was no one left to speak for me.

 

A conflict of global proportions is around the corner and hapless Westerners will be packed off to the front as cannon fodder to ostensibly protect our way of life… such as it is…

Nothing new to readers of these pages:

On transitioning towards a police state and a re-post