Last year, I was roundly criticized when I said the Cyprus scenario was coming here. I was told there would be a revolution if this happened and the government would be to afraid to try such a thing. I marvel at people who hold to such naive beliefs. The American people have been through several beta tests related to our private wealth being confiscated and no resistance was offered (e.g. MF Global).
Listening to the sheep that believe Wolf Blitzer who tells us that the economy is in recovery, is like listening to a country song played backwards. You know the all-to-familiar message, the wife does not leave, the truck still runs and the guy stops drinking. Maybe it is all the fluoride in the water that is causing such widespread ignorance and apathy.
First of all, our government is not the main enemy. This is not the government we are dealing with. We are battling organized crime in the form of corporations like Goldman Sachs who have hijacked our government and now they have captured the G20. They are lining up for the last great garage sale before they collapse the economy and roll out martial law. There are forces lining up to steal everything that you and I own. It has already begun but this country is so dumbed down, we do not see that it has already started.
The Bankers Have Committed a Coup Against the United States Government
The United States government is not your main enemy, it is the banksters who have hijacked your government. Some of the sheep might be wondering when that happened. The year was 2008 and the event was called a bail-out. This evil was born in 1913 with the creation of the Federal Reserve. This pervasive evil killed America when the first dollar arrived at the door of Goldman Sachs in the form of a bail-out in 2008. Bye-Bye Miss American Pie, that was the day the music died for America.
Yesterday, on November 16, 2014, it was revealed that when you awakened, a new G20 policy was enacted which effectively stole your bank account. For the time being, you still have some access to some of your money. If you have $100,000 in the bank, try taking that money out today and see how fast the Federal authorities show up in your life. And if you did manage to get your money out of the bank, don’t forget about the cop on the corner poised to steal your money under the banner of “civilian asset forfeiture”. Pardon me, I digress.
Yesterday’s article revealed that your money, that is in your bank account, is no longer called money. As a result, when the banks begin to fail, one by one, you will not be at the head of the line to collect your reimbursement from the FDIC, you will be last in line because you have no “money” in the bank. This effectively means that you will get nothing for your lost and subsequently confiscated bank account. However, your bank account will not be the only casualty from your financial portfolio. The banksters are preparing to steal EVERYTHING that is not nailed down and this GRAND THEFT AMERICA will begin with your bank account and will quickly take every other financial asset.
Undoubtedly, the trigger for this approaching calamity will be a series of major bank failures. Some of the sheep will say, “there will be no bank failures, will there”?
The United States has a $17 trillion dollar deficit, an unfunded liability (e.g. social security, Medicare, Medicaid, etc.) of $240 trillions dollars and an ever-escalating $1.5 quadrillion credit swap derivatives debt which led to the bail-outs. Since the entire wealth of the planet is estimated to be $79 trillion dollars, what do you think are the chances that the banks are going to crash an burn since they underwrote and insured the derivatives debt market? Now that you have the numbers, what does your common sense tell you about the possibility of an impending banking collapse? Unless you suffer from short-term memory loss or cognitive dissonance, you better believe that there will be a banking collapse and the new G20 policy will see that you never recover a dime. And my friends, this is just the good news!
This Could Be the Trigger to Martial Law
The bankers will not tell you that you have lost your money, at least not yet. Instead, they will try and fix up the situation with lies and make it all taste good. For if they told us on November 16, 2014, that they had just stolen our bank accounts by redefining money, there would be rioting followed by revolution. Ultimately, it will come down to the fact that there are a series of in-between steps that the banksters will take to soften the landing of their theft. They want to minimize the possibility of a violent backlash. In other words, they would rather steal your money without a fight, even if they have to do it incrementally.
Inch By Inch Stealing the People’s Money Is a Cinch
It is very likely, that IMF director, Christine Lagarde, has set into motion a plan to directly steal your wealth by stealth and they will call this action, a tax. The includes recklessly advocating for a wholesale seizure of 10% of all accounts in the Eurozone, but because there may be riots and even a revolution if there are wholesale bail-ins, the IMF has settled on a more incremental plan of economic subjugation in a which a 10% tax will implemented against all bank account holders in order to pay down the debt.
What the IMF and the central bankers are not telling you is that the debt can never be paid down because the primary source of the debt comes from the derivatives market which totals a minimum of one and on half of a quadrillion dollars which is 16 times the entire value of the planet. In short, these banksters are merely trying to stay one step ahead of the burning bridge by stealing your pensions and bank accounts.
Does anyone truly believe that these banksters will stop at looting just 10% of your bank account? When does 10% become 20%, which becomes 30%, which becomes 100%? Remember, the FDIC is off the hook for insuring your bank account, because under the new G20 designation, your bank account no longer represents money. This will be followed by the bankers issuing a neo-feudalism style of welfare to all citizens. Mark my words America, the coming 10% “austerity tax” is just the starting point.
The IMF has repackaged Lagarde’s recommendation for a 10% tax on all banking accounts and is recommending that all developed countries make up their debt load by “taxing the rich”. This is the same game, just a different name. This game of semantics is based upon the belief that the people of ordinary means will accept a 10% initial hit on their savings so long as the rich are sharing in the pain. Really? Since when have the rich ever shared in the burden for anything? Last year, Warren Buffet bragged that his secretary paid more tax than he does. The rich do not pay tax, they are allowed by the IRS to accept payment for their services in off-shore foreign banks that the IRS does not solicit information from. You and I do not have access to the same tax evasion schemes because it often takes a minimum of $30-50 million dollars to open such an account in places like the Cayman Islands. Therefore, when Lagarde’s IMF tells you that you are going to be taxed (i.e. 10% of your bank account stolen) at the same rate as the rich, do not believe Lagarde and the IMF because they are lying through their teeth.
The coming global tax will be instituted through the central bank of each nation. This means that in the US, the Federal Reserve Banks of Bank of America, Wells Fargo, JP Morgan Chase et al., will be impacted. This means that the tax-dodge banks used by the global elite in the Cayman Islands will be exempt from this “tax” because they are not under the direct authority of any central bank.
Ask yourself, when you have been standing in the teller lines at the Bank of America, how many times have you seen Bill Gates, David Rockefeller, Warren Buffet, George Soros and Donald Trump in the same teller line next to you? These banksters will not pay one dime in tribute to the IMF. This entire burden, just as it is with the tax system, will be paid by the middle class of each nation.
The elite do not bank where you do.
When the coming austerity tax is announced, you can bet that you do not have long to enjoy your money. This is the beginning of the end. It is a designed to constitute a soft landing which will give the banksters a chance to launch one more round of thefts of middle class assets.
While the banks slowly slip into oblivion, the banksters will be seeking to garner every asset possible. In the midst of the banking decline. And what is the bankers next target? The next series of bankster targets are your retirement and 401k accounts.
The theft of your retirement accounts is not going to happen tomorrow, next month or even next year. Do you feel better? Good, because the theft of your retirement accounts is happening right now and has been underway for sometime. And to you Putin lovers who naively believe that he is opposing the New World Order, he is doing the same thing to his people that Obama and the Federal Reserve are doing to our people.
This Great American Garage Sale is going to be the topic of tomorrow’s article. Still to come this week, I will answer the question of how you can get at least some of your “money” away from the banksters before the entire financial system collapses.
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A couple of last pieces of advice for today. You do not need the money that is in your bank account. Money will soon be worthless so your mattress should be safe. You don’t need the money, you need what the money can buy that will increase your odds of survival. In regard to what is coming and for the last tip of the day, go to the gym, get in shape, get healthy because we are entering into a period where only the strong and the lucky are going to survive.
To summarize the danger, the banksters have positioned themselves to steal your bank accounts, but that is only the beginning. Your retirement accounts are next, followed by your homes, your labor and your very freedom.
Dave Hodges is the Editor and Host of The Common Sense Show.