If no one believes in the recovery, why are Europe and the world Trying?

By LUIS MIRANDA | THE REAL AGENDA | OCTOBER 23, 2012

I don’t know you, but I’m sick and tired of hearing about the financial collapse. The financial crisis we are now in was predicted long ago, and those predictions were correct. So why hasn’t it happened? First of all, it is happening. In fact it began a while ago. While many people expected to have a sudden collapse, which dragged the world into a whole, the fall of the international financial system was not planned to take place that way. Second of all, the financial collapse was planned to occur slowly and painfully, not only because the elites that planned it are financial sadists, but also because that is the only way to carry out their plan successfully.

The slow financial collapse allows the perpetrators to slowly bite off pieces from the grand pie, inflicting lethal but manageable pain and damage into the world’s economic and financial systems. This tactic in turn prepares the field for further deterioration and acquiescence from the public and the governments who they control. The kind of financial terrorism carried out by the largest financial entities in the history of the world, which are controlled by the smallest amount of people ever, makes it possible to successfully materialize the elite’s dream to create the most powerful monopoly of money and resources while they present themselves as the saviors.

The truth however, is that they are not saving anyone but themselves. While they buy off politicians and buy up land and essential resources for pennies on whatever currency they want, governments continue to fail to hold them accountable for their crimes. In fact, the bureaucrats in governments are faithful accomplices of the elites. Only one country has been able to partially defeat these monopoly men, and that country is Iceland. After kicking the bankers out, Iceland is now racing on the path of recovery, with a growing economy that simply sparked to life after telling the bankers that the illegal debt they had put under Iceland’s name was not theirs.

Iceland did what no other country had the guts to do: let the banks fail. Four years later, the country is being praised by the International Monetary Fund (IMF). That’s right. One of the most important globalist organizations who are out to destroy countries like Italy, Greece, Portugal and Spain, congratulates Iceland for doing the right thing. The Icelandic people did not need to go through austerity programs, they did not lose millions of jobs and neither did they have their pensions or retirement accounts looted by the bankers. “The recovery has been quite impressive. GDP growth has picked up in the last couple of years and is now running around three percent a year,” says Franek Rozwadowski, a visitor from the IMF.

On the other side of the road there are countries like Spain, Italy, Greece and Portugal, all of which chose to follow the bankers’ path to destruction. Spain has increased its debt dramatically in a supposed effort to curb the government’s deficit, imposed massive austerity measures, looted pension and retirement accounts, cut public jobs, accumulated a 24% unemployment rate, “rescued” its banks at least twice, adopted deadly economic policies as ordered by Brussels, but still is on its way to the financial precipice. The same model has been used by Greece, Italy and Portugal, who are following Spain on their way to social collapse. It is estimated that the Spanish debt will reach  23 billion euros by the end of the year, with no hope to see the light at the end of the tunnel.

The main reason for this is that the pact completed between the Spanish government and Brussels never intended to take Spain out of the dark tunnel. As explained in the documents obtained from the World Bank, the collapse of most European nations is part of a well-crafted plan that the elite has applied over and over again throughout the world. It happened in small countries like Guatemala, Nicaragua, mid-size countries like Argentina, and now in larger economies like Spain, the United States, France, Italy, Greece and others.

As it turns out, the so-called bailouts are not such things. They are more like acquisitions. As explained by Journalist and researcher Greg Palast — who broke the story about the World Bank’s plan — the idea is to secretly repossess the assets of every country in the world. This is achieved through a bribery system in which the global bankers buy off the politicians in different countries so that they adopt IMF and World bank policies that intend to destroy their economies. Once the policies have been adopted, the bankers begin to slowly but surely subtract the resources of those countries unnoticeably, mainly through financial aid programs and trade agreements.

The mistaken belief that a recovery will come out of the current austerity measures and financial bailouts stems from the well engineered propaganda campaign orchestrated by the banking system and the main stream media, who have gone from denying that there is a crisis to accepting there is one and that the same bankers who caused it, who planned it, are going to be the saviors. Little do most people know that the kind of crisis we are now going through is part of the plant to carry out a planet wide extortion scheme through which the globalist banking elite once again walks away with significant amounts of resources.

The difference is that this time the looting is not limited to once small or mid-sized nation, but to several large countries in Europe and the world. Greek islands are now for sale to the best bidder, because the country cannot pay its debt. Guess who will come to the rescue? The monopoly men will come and buy the islands for cents on the Dragma. The same situation will happen in Spain, once Mariano Rajoy requests the financial rescue. So if you are asking yourself why is it that the economy isn’t getting better despite the continuous assurances that everything on the books is being done to get to that point, the truth is that the banker plan does not contemplate a recovery. At least not one where everyone will have the opportunity to thrive.

Read the complete interview given by Greg Palast after learning about and getting the World Bank’s secret documents that detail how the global financial entities destroy nations.

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France May Issue Call for Europe-Wide Ban on GM Corn

New studies on GMOs continue to warn about the dangers that these laboratory creations cause disease.

By RAVEN CLABOUGH | THENEWAMERICAN | OCTOBER 5, 2012

According to French news source RFI, France is expected to call for a Europe-wide ban on Monsanto’s genetically modified corn following the release of a University of Caen study that found a link between Monsanto’s GM corn and tumors and organ damage in lab rats.

RFI reports, “France will call for a ban ‘at a European level’ if the national health agency (Anses) backs up the findings of the study by French scientist Gilles-Eric Seralini, Prime Minister Jean-Marc Ayrault told an audience in the Burgundy city of Dijon on Thursday.”

Likewise, French Agriculture Minister Stephane Le Foll has indicated that Paris is considering a ban on the import of Monsanto’s NK603 corn, the same used in the French study.

Last month, Stephane Le Foll and Social Affairs Minister Marisol Touraine asked a health watchdog to conduct an investigation into GMOs, one that could possibly lead to suspension of genetically modified corn throughout the European Union. Le Foll and Touraine described the decision in a joint statement.

“Depending on ANSES’ opinion, the government will urge the European authorities to take all necessary measures to protect human and animal health,” they said. “[The measures] could go as far as invoking emergency suspension of imports of NK603 corn to Europe pending a re-examination of this product on the basis of enhanced assessment methods.”

The study, which provoked concern from French Agriculture Minister Stephane Le Foll, examined the long term effects of GMO consumption on lab rats. The study, conducted by Gilles-Eric Seralini of the University of Caen in France, utilized the Monsanto seed variety known as NK603, made tolerant to the company’s own Roundup, an herbicide.

The rats were found to have an abundance of tumors and experienced damage to both the kidneys and liver.

“While previous studies have usually lasted only about three months, Seralini’s [French GMO study] lasted two years, the average rat’s lifespan, and the illnesses developed later in the period covered,” says RFI.

Natural Society explains, “As a result of the mass tumors, liver and kidney damage, it was concluded that around 50 percent of the males and 70 percent of the females died prematurely as a result of eating only Roundup tolerant seed or drinking water with Roundup at approved levels set by the United States government.”

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France announces tax increases to collect € 33,000 million

By LUIS MIRANDA | THE REAL AGENDA | SEPTEMBER 10, 2012

The President of France, François Hollande, announced at last night a new plan to increase government revenue by 33,000 million euros, the highest increase of the last decades. Most of the money the government intends to collect will come from taxes increases, which will render between 15,000 and 20,000 million. Hollande spoke last week about his plan to “reduce the deficit to 3 percent by the end of 2013″. During his talk, the leader described the plan announced last night as “the largest tax effort of the last thirty years.”

Last night, Hollande explained that the so-called adjustments to the French population. The French President explained last week some of the main points of his plan, which does not provide – according to him — for a general increase but a “rational and consistent with the ability of each individual,” he said. “Everybody will contribute according to their means,” Hollande added without providing further details and argued that “having future generations pay today’s deficit sounds like an anomaly.” He also stressed that the crisis does not justify everything. Sounds reasonable, doesn’t it? The unreasonable part is that the government should not be financing its gargantuan budget or deficit by stealing money from people who have worked hard to earn it.

Although Hollande had announced a 75% increase in taxes on the wealthiest, some french media outlets have announced that Hollande may backtrack on that initiative. It was almost predictable that the French president would make the poorest pay for government expenses and that his plan to tax the richest was just a smoke screen to gain confidence from the gullible population. The so-called exceptional tax of 75% on large fortunes, would have soften the burden on the poorest taxpayers, focusing mainly on large companies, as in the tax levy, which could be 67%.

According to Le Figaro, the proposal presented by Hollande during the election campaign, which raised the possibility to impose a tax of 75% for taxpayers with incomes above one million euros, would be “reduced to a minimum.” This proposal has become particularly relevant after news that the richest man in France, Bernald Arnault, announced his intention to apply for dual Franco-Belgian nationality.

Arnault, who leads companies such as Louis Vuitton, Givenchy and Moët & Chandon, has a personal fortune of 41,000 million euros. Specifically, the Government has decided that the exceptional tax only includes the gross income from work, leaving out capital gains and properties. Also, in the case of couples, the threshold would be raised to two million euros.

Once again, the French people have been duped by the supposed socialist leader whose socialist skills only work in favor of the wealthiest people in France.

France to subsidize jobs for young people

By LUIS MIRANDA | THE REAL AGENDA | AUGUST 21, 2012

The government led by Francois Hollande will offer subsidized employment to young people for periods that will vary between one and three years.

The French Minister of Labour, Michel Sapin, has indicated that the French government will launch the program called “future jobs” for young unemployed and will subsidize those jobs from the state budget.

The program consists of temporary job positions for anyone who is unemployed with the objective to “further their training and integration,” said Sapin in an interview with the radio station ‘Europe 1′.

The minister has defended the initiative, despite its cost to public finances because “is one of the priorities for 2013″ and also despite the government ‘s alleged commitment to reduce the deficit, specifically limiting it to 3 % of Gross Domestic Product (GDP) next year. Such a goal is seen as far fetched since France is not giving any signs of economic growth or significant recover. In fact, France together with Italy and Spain are countries which are seriously struggling to make their sovereign debt payments.

In that regard, Sapin has emphasized that markets have confidence in France as it shows that those who lend money “are even willing to lose some money.” France has echoed petitions by other European nations to get some kind of deficit amnesty in order to keep afloat due to their lack of capacity to meet their obligations.

Sapin believes that the latest French debt auction helps support his vision, because some of the purchases of short-and mid-term bonds were awarded negative interest rates. He has emphasized that the problems of unemployment — 4.3 million unemployed — can not be resolved quickly, and that it is a problem his government inherited from the previous administration.

With this move, France intends to avoid the unemployment debacle seen in other countries such as Greece and Spain, where the number of people without a job has pushed the rates over 24 percent for the young. In the case of Spain, people are calling the current generation of young, educated men and women as the “lost generation” whose member are unable to find work despite their academic achievement or experience.

With the start of the subsidized employment program, France to keep at least part of its population from starting popular protests to the austerity measures adopted by the government. “It is not enough to change the president or Congress” said Sapin before recognizing that France needs to adopt emergency measures such as “futures contracts” and proposed “deep reforms”.

The measures announced by Sapin include seeking funding for social programs “that does not penalize the companies competitiveness,” he added. It is important to remember that France recently passed a 75 percent increase in taxes for people earning just over $1 million a year as part of the policies to collect more money to finance the state’s increasing expenses.

France To Raise Top Tax Rate To Shocking 75%

By SAMUEL BLACKSTONE | BUSINESS INSIDER | AUGUST 8, 2012

Francois Hollande, the newly elected socialist president of France, looks set to achieve one of his main campaign goals and will impose a 75 percent tax rate on people earning more than $1.23 million per year, reports the Washington Post.

It’s thought that the tax, which is a marked increase from the previous rate of 48 percent, will be implemented by next year, according to AFP.

Ministers have said that the tax will be temporary, and is part of a plan to balance France’s books by 2017. Taxes already introduced are thought to be bringing in $8.7 billion this year.

Élie Choen, a past economic adviser for Sarkozy and Hollande, explained that the motivation was more political than financial, when talking with The Washington Post.

“From a strictly economic point of view, I wouldn’t recommend these policies,” he said. “But that’s not what this is. This is clearly designed to create some kind of consensus in this country for structural reforms.”

By increasingly taxing the wealthy, Hollande hopes to garner increased support for increased austerity measures. Government spending cuts have begun in efforts to meet a plan to balance the budget by 2017 and are sure to continue. In effect, this move will serve as political points and an “I told you so” moment for Hollande’s future socialism-inspired policies.

As many wealthy French citizens bemoan the hike, wealthy Americans are doing the same to a proposed Obama tax hike from 35 percent to 40 percent currently being deliberated in Congress. Even ardent Obama supporters who understand and are willing to foot the bill for the tax hike, including Hollywood actor Will Smith, are amazed and aghast at the French plan.

As Will Smith put it, “75!…God bless America.”

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