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For many years, a widely circulated cliché in the West was that in China’s predominant dialect the symbol/word for “crisis” represented both “danger” and “opportunity”. While it is now generally agreed by linguists that this is a fallacious interpretation, that does not detract in any way from the obvious wisdom inherent in the myth.

It is one of our collective vices as human beings that we can often only be motivated into (re)action when threatened with some sort of crisis. In this respect, it becomes obvious that while a crisis confronts us with “danger” in one form or another that it is also a “window of opportunity” for some positive action in dealing with one or more serious problems.

With it now being patently obvious to everyone that Greece’s “debt crisis” must end in default (and that such default is imminent), this has now solely become an exercise in finding and extracting the best “opportunities” which present themselves. In this case that opportunity is patently obvious: our chance to completely rid ourselves of the parasitic Big Banks.

Here we must first back up a little to make our case for “banker-cide”. It won’t take long. First of all, it has been many decades since our largest financial institutions have made any positive contribution to the global economy. By and large, these oligopolies have abused their positions of trust and power by devoting all of their energies to two endeavours (excluding the $100’s of billions of illegal money-laundering in which they engage each year): they finance “M&A activity” and they make enormous bets on any and every aspect of the global economy in their private casino, the derivatives market.

Regarding the first half of their activities, multinational banks have been the primary facilitators for turning our entire world into a collection of oligopolies and monopolies. It is one of the most elementary principles of capitalist theory that all monopolies and oligopolies are unmitigated “evils” in economic terms.

They are wholly parasitic, grossly inefficient, and (by definition) stifle if not eradicate all competition in the marketplace. In other words, in a world totally dominated by oligopolies it is an obvious oxymoron to even use the phrase “free markets”. Global markets have never been less-free in all of human history. And now we have the opportunity to rid ourselves of the worst of these Oligarchs: the banksters.

This brings us to the second half of their “activities”: gambling on every aspect of the $60 trillion global economy in their $1.5 quadrillion private casino, the derivatives market. If we want to know part of the reason why the global economy has been destabilized to an unprecedented degree, we need only refer to the fact that the banksters have placed bets amounting to twenty-five times the size of the entire global economy.  And did I mention that this was a rigged casino?

As I have written on many occasions, the current “Euro debt crisis” was an entirely artifical event, precipitated by the economic terrorism perpetrated by Wall Street bankers in the “credit default swap market” – one of the banksters favorite gambling-games. The reason why it is one of their favorites is because it has been the easiest to rig and it produces the largest pay-outs (for those on the winning side of the bets).

The “losers” in the banksters’ extreme, compulsive gambling have been the peoples of Europe, who have seen their national debt markets literally blown up by these economic terrorists – in order to line their pockets with ill-gotten gains. This brings us to the imminent default of Greece on its national debt.

There are two reasons why such default has always been inevitable. First of all, the “Friedman austerity” imposed on many of these economies (and most extremely in Greece) has been an exercise in economic suicide in any and every nation foolish enough to engage in this economic fascism. Secondly, every time that Greece secured more “bail-out funding” the Wall Street terrorists simply drove up the interest rates on Greece’s debts that much further – effectively turning each and every bail-out dollar into simply larger interest payments for the bond-parasites.

Now the Vampires have sucked Greece dry. And now we have the opportunity to allow those same rapacious Vampires to die by essentially allowing them to starve to death – having killed off (or nearly killed off) every carcass on which they have been allowed to ‘feed’.

When the servile politicians first began to confront reality (i.e. Greek default), the initial discussions involved “haircuts” for the bond-parasites in the order of 25%. Now as default gets closer and closer that figure has ballooned to 50%. With the Greek government having just imposed yet more suicidal austerity, that number may soon rise to 75% or 90%. But now the talk has also turned to “how do we save Europe’s Big Banks?”

The obvious answer to that question is why would anyone in their right mind want to “save” some of the world’s worst Vampires? The Big Banks contribute nothing. And yet not only do these career criminals perpetually rig and destabilize our markets, but they have been demanding that “the little people” cover $trillions in losses on the banksters’ own bad bets.

What kind of idiocy could possibly motivate the politicians of near-bankrupt nations to fork over $trillions to cover the gambling losses of these compulsive gamblers/career criminals? In one single movement, the governments of Europe could repudiate $trillions in (fraudulent) bond debts and permanently rid themselves of their own vampire-banks.

For those quibbling about the “justice” of allowing Wall Street’s (even more rapacious) Vampires to live on, while those in Europe are exterminated, relax. Wall Street has already dug its own grave. Follow the “legal action” in the business news these days and one will see $billions in new litigation being launched against Wall Street on a weekly basis – and this is still just the tip of the iceberg.

In an example of true, Karmic justice, the Wall Street bankers are about to be “introduced” to the American lawyer (and the U.S.’s “Wild West” litigation law). Picture a boat-load of vampires being dumped into a river overflowing with piranha, and you begin to get a glimpse of the future Wall Street has created for itself.

Even more than with other addictions (and for obvious reasons), gambling addicts inevitably self-destruct financially. It is a foregone conclusion. What remains in doubt is whether the peoples of the (so-called) Western democracies are going to allow their corrupt and servile politicians to let the banksters drag everyone else down with them.

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written by Jeff Nielson, November 07, 2011

Very good observations Dylan!

Yes, DEFLATION for the masses while the wealth of the ultra-wealthy INLFATES is exactly the game plan here.

The original and most obvious example of this doctrine comes in labour markets - where the AVERAGE Western worker has suffered through FORTY YEARS of steadily falling wages (in real dollars). In other words, we've had four decades of WAGE DEFLATION.

That wage deflation was USED to hold down prices. The cost of MATERIALS was skyrocketing due to the banksters reckless money-printing, BUT wage deflation held down overall prices.

This is ALSO why I tell people NOT to try to play the bankers' game: running up big debts in the expecatation that they will be (hyper)inflated away. It would NOT be a surprise to see our criminal governments simply ERASE all their own sovereign debts - while MAINTAINING all individual debts at 100 cents on the dollar.

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written by Dylan, November 07, 2011

Is it not true though Jeff, that they set up a “pseudo deflation” in which they tell the masses that it was in fact ALL THEIR FAULT and that the sky will fall on their heads if they don`t undergo austerity fascism and attempt to plug the black hole of debt? This attempt, while ensuring that the hole gets bigger, also brings about deflation for the masses, but as wealth is never destroyed only transferred, funnels that money into unregulated hedge fund accounts. This money is used to buy real stuff leading to inflation at the same time ordinary people are experiencing job loss, wage reduction and crippling debt.
Banksters are not merely “welshing on their losses”, they are having gigantic bets with each other in private, BOTH parties fully knowing where the bets will go. The “winning” party claims through replicated CDS contracts, several times the actual value of the underlying asset (which they didn`t own). The “losing” parties – both the sellers of the CDS contracts and the holders of the intentionally toxic assets KNOW full well that they will be bailed out by their lackeys in government who don`t hesitate to tax the masses. All the golden parachutes are evidence of a job a well done.
It is as risky for them as shooting sitting ducks with a glock but for the public it is NOT RISK but CLEAR and PRESENT DANGER.
It’s a HEIST DISGUISED AS A BLACK SWAN EVENT. The black swan will show itself when the banksters are TRULY EXPOSED as the fraudsters they are.

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written by Jeff Nielson, November 06, 2011

Jgfergus, the primary contribution of Austrian economics is an understanding that "deflation" is the (natural) cleansing/purging process to deal with capitalist excesses.

Indeed, the EXTREME irony of these "business cycles" (i.e. bankster BETS "detonating" with varying degrees of severity) is that the SAME gamblers who CREATE the "excesses" that need to be purged are the SAME entities who FIGHT the "deflation" process - i.e. SETTLING their bad bets.

Essentially we can define "bankers" as gamblers who ALWAYS seek to 'welsh on their losses'...

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written by jgfergus, November 06, 2011

As Louis Pasteur said on his deathbed ...
"germs are nothing the soil is everything."

Right you are Dylan! Germs & parasites are the cleanup crew. Remove the decaying, rotting filth, and germs & parasites are absent (or at least dormant).

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written by Jeff Nielson, October 09, 2011

Yes, Daveyboy, as I regularly tell people on our forum, we need to eliminate all the labels and "ism's" in our thinking.

There is no "ideology" involved with class-warfare - it's just those WITH the wealth/power stealing from those who don't have it...

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written by daveyboy, October 09, 2011

Jeff, these people, some of them think they are doing the right thing, the insignificant politicians, but those in positions of power know exactly what they are doing, so do their economic advisers, this is treason. The further this decimation goes, the more the west will descend into a tyrannical rule because it's going to be their only option left and all of these pathetic leftists and rights will realise that the enemy was not someone who leans to the left or right, the enemy was the ones entrusted, the ones looking after our money.

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written by Dylan, October 08, 2011

Paxjds,

Fool me once
Shame on you
Fool me ad infinitum,
Shame on me

An orgy of head lopping, gratifying as it may be, is not enough to solve the problem.
We (as a whole) will deserve better when we take responsibility, remove the parasites AND prevent them coming back.

As Louis Pasteur said on his deathbed ...
"germs are nothing the soil is everything."

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written by paxjds, October 08, 2011

Dylan, we do not have the leaders we deserve. These 'leaders' lie and mislead to get elected, and therefore we do not deserve them. The leaders need to be tried for High Crimes and Misdemeaners, then summarialy executed to prevent them repeating their crimes against humanity. We are so enslaved by the 'Masters/Banksters', over half the slaves in the US do not even pay a tax to our fascist rulers. They have so ImPovertized the masses, they dare not collect a tax or risk outright revolution. I think the Banksters/government-rulers know that they the have gone much further than King George even dreamed of doing. Just look at the FEMA day care centers that have been cropping up around the US. Reminds me of Nazi death camps. God, the politicians and Banksters must really be worried about the Public, I mean slaves, uprising against reigning King George's.

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written by Dylan, October 08, 2011

And unfortunately Jeff, that has been enough throughout history to walk all over mankind.
Some natural parasites do indeed "lie." They invade the cell, take over the central control mechanism and even disguise themselves with bits of the host`s DNA. That sounds damned familiar to me.
In fact deception is hard wired into nature or there wouldn`t be any venus fly traps or camouflage.
This doesn`t justify this activity in anyway but nature has it`s dark, ugly side, usually when things are out of balance.
I`m sure you know that I am on the side of the real victims (the pseudo victims I referred to earlier are the banksters themselves or their lackeys)
but on some level we (collectively) have the leaders we deserve.

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written by Jeff Nielson, October 08, 2011

Dylan, what makes the banksters and bond-parasites DIFFERENT from any "natural" parasites is that ordinary parasites don't ALSO have tools to "paralyze" their hosts: the lies of the propaganda-machine and the betrayals by our political leaders.

Watching these voracious parasites "feed" on billions of paralyzed victims, I completely reject any "blame the victim" mentality.

The techniques and effects of brainwashing have been carefully studied (and used) by our fascist governments. Indeed, they HAVE shown themselves to be "competent" in one (and only one) respect: they are masterful liars.

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written by Dylan, October 07, 2011

I agree with oldpoop, the real banksters have "layers of scapegoats" lower down the pecking order.

Addicted "gamblers" "losing" trillions, requiring "bailouts" to "save" the economy to pay off the "debt" all because of corrupt and "inefficient" CEOs and politicians.
We know that this is not gambling, that money doesn`t get lost, that oligarchs don`t need saving, that "bailouts" are nothing more than wealth transfer and the "debt" is nothing of the sort, in fact, is the CREDIT of humanity misplacing trust in the global tapeworm.
When the time comes for banksters to repay that true debt, will it really be THEIR heads in the guillotines?

What if those "losers" have themselves been set up to be wiped out when the masses take to the streets? What if after the carnage(figurative or literal), the real banksters (or new fronts) will emerge to bring about their version of a gold standard and portray thyemselves as the saviours of humanity?
We are witneessing the greatest heist in world history, are we yet to witness the greatest money laundering operation of all time?

Parasites are amongst the most efficient organisms on the planet, the incompetance is in the host that can`t rid itself of them.

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written by Jeff Nielson, October 06, 2011

OldPoop, I agree that this (undeclared) "class war" by those on top against everyone else will NEVER cease.

However, as long as all of us "little people" store our wealth in gold and silver rather than some form of banker-paper, then at least we become immune to their theft-via-monetary system - which is currently how they are doing MOST of their stealing.

Once the banksters are cut off of their primary/easiest source of ill-gotten gains, then this leaves them with MUCH less money to buy off our governments. Thus simply HOLDING gold and silver sets off a "virtuous circle" with numerous and powerful spin-of effects.

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written by OldPoop, October 06, 2011

There are a lot of naive people in the world. The bankster families have been herding us like sheep and shearing us for hundreds of years. At least since the battle of Waterloo, and probably long before. If it will make you feel better to kill the bankster's lackies at JP Morgan, HSBC, Goldman Sachs, etc.,or to let them go bankrupt,then have at it. But it will not stop the banksters from quickly rebuilding and shearing your children and grand children. They have counted on this naivete to insure their survival. There are many layers of scapegoats between us and the real banksters.

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written by Jeff Nielson, October 05, 2011

Re-instating the guillitine worldwide for the Banksters is the only practical solution to the crimes they have perpetated against the worlds citizens...

Paxjds, I'm still PROPOSING less draconian "solutions" for the crimes of the bankers - in the hope that we MIGHT be able to avoid repeating history, and pulling out the guillotines yet again...

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written by Jeff Nielson, October 05, 2011

Sinclair: They'll consume their own companies before they're finished.

Mathnerd, they are ALREADY "consuming their own companies", and have been doing so for many years. That's why these big-banks can rake in countless $BILLIONS in ill-gotten gains year after year, while the share prices don't go anywhere, and the dividends have ALREADY been slashed.

All the "profits" made by this organized crime are paid out each as "performance bonuses".

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written by Jeff Nielson, October 05, 2011

Difficult for most of us to envisage just what the immediate after effects of a default would be Jeff. But if a default is the eventual outcome, better to have it sooner rather than later and save some of your assets.

Norbull, this is why I am so enraged at the Euro-zone politicians. Why keep throwing more BILLIONS down this hole? It makes no sense...unless all they are trying to do is PILLAGE as much as possible from their own economies. And that leads me to the accusation that these are "traitor governments".

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written by paxjds, October 05, 2011

Re-instating the guillitine worldwide for the Banksters is the only practical solution to the crimes they have perpetated against the worlds citizens. Then get rid of the Debt by Fiat Decree. Then get rid of the Paper Currencies around the world by Fiat Decree. Then follow our Constitution and reinstate Gold as a currency. With most of the Banksters dead, and their Debt gone from the planet, we now have a New World Order of Responsible Citizens governing ourselves. The Notice to Politicians will be duly noted.

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written by mathnerd, October 05, 2011

You describe the banksters' collapse as "a boatload of vampires dumped into a river overflowing with piranha." My take of it is a little more commonplace.

[From a Kingworld News interview with Jim Sinclair last year]:

King: So will these psychopaths turn to their own country when [these bankers] finished with Europe?

Sinclair: They'll consume their own companies before they're finished.

Either way - a fitting end for people that have caused so much suffering.

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written by Norbull, October 05, 2011

Difficult for most of us to envisage just what the immediate after effects of a default would be Jeff. But if a default is the eventual outcome, better to have it sooner rather than later and save some of your assets.
On the question of the behaviour of the gold/ silver markets, the number of slap-downs the market had taken must be signalling to many investors that they can't beat the central banks and their manipulation.

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