Your browser does not support the HTML5 canvas tag.

23 May, 2018

The European Financial Dictatorship in panic again, warms its machine for a second coup against Italy

How many more financial coups the European Financial Dictatorship is willing to orchestrate in order to maintain austerity and sado-monetarism inside the member-states?


The Brussels/Berlin axis in the European Financial Dictatorship (eurozone) has put itself in alarm mode again, this time due to what appears to be a bigger threat for its iron, authoritarian model of austerity and sado-monetarism. The threat comes from the new eurosceptic coalition government in Italy, formed by the anti-establishment Five Star Movement and the anti-immigrant Northern League.


The European Vice President, Valdis Dombrovskis, rushed to launch an indirect threat against the new coalition in Italy, saying that "We view it as important that the Italian government remains on course in pursuing a responsible budget policy," and "We can only advise it to stay on course in terms of economic and fiscal policies, to stimulate growth through structural reforms and to keep the budget deficit under control,". Warning shots also fired by the French Economy Minister Bruno Le Maire.

Yet, there are signs that even bigger threats came from the top destructive weapon of the European Financial Dictatorship, the European Central Bank: “Rumors are rife that the European Central Bank may use its regular bond buying to sway the program of the new Italian government, but past data provides little evidence it uses these purchases to intervene in times of political turmoil. Italian bond yields have risen sharply on fears that a populist government will clash with Brussels over spending plans, and some have suggested the ECB may have reduced purchases recently to send the new government a signal about discipline. Traders see little evidence of this for now, and Italian spreads over Germany actually narrowed on Tuesday, suggesting that investors’ nervousness may be calming as the new government provides clarity over its plans.

Sounds familiar?

Recall that, the Greek political establishment collapsed with the rise of SYRIZA in power, and the ECB was forced to proceed in an open financial coup against Greece when the current PM, Alexis Tsipras, decided to conduct a referendum on the catastrophic measures imposed by the ECB, IMF and the European Commission, through which the Greek people clearly rejected these measures, despite the propaganda of terror inside and outside Greece. Due to the direct threat from Mario Draghi and the ECB, who actually threatened to cut liquidity sinking Greece into a financial chaos, Tsipras finally forced to retreat, signing another catastrophic memorandum.

Yet, this was not the first financial coup. While Greece was the major victim of an economic war, Germany used its economic power and control of the European Central Bank to impose unprecedented austerity, sado-monetarism and neoliberal destruction through silent financial coups in Ireland, Italy and Cyprus.

It has been revealed that back in 2011, a certain mechanism of the political and economic elite within and out of Italy, forced Berlusconi to resign in order to be replaced by the technocratic puppet Mario Monti to impose harsh austerity, as a key element of the neoliberal agenda.

As described, the former Prime Minister, Romano Prodi, gave blessing to Monti and a prophecy: "When Italian spreads reach 300 units, you will be asked to govern." Italian spreads finally surpassed the 300 units that Prodi predicted, to reach 500. Italy was in face to face with the ghost of bankruptcy. Either by populism, or by free choice, Berlusconi did not abide by the orders of Germany. He became unpopular, as he challenged austerity policies, so he had to be removed.

No surprise that the head of the Bank of Italy at that time was (guess who) ... Mario Draghi.

One year later, Draghi, as the head of the ECB this time, will announce the decision for unlimited purchase of government bonds in eurozone. As described back then “the ECB becomes a corresponding Fed in the European area, “serving” the problematic economies that are excluded from the bond markets, through the print of new money. Therefore, the problematic economies will be loaded with more and more debt which the ECB, i.e. the largest private European banks will hold. Someone could argue that is not something new, since nations were facing huge debts in previous years, because they were indebted to banks through the excessive borrowing from the markets. But in this case, there is an important difference that makes things much worse: it is the cruel conditions imposed by the ECB to states that need to buy money. States that are excluded from markets, are now trapped within the neoliberal economic empire of the eurozone and will be forced to follow new austerity measures every time they need ECB to buy their bonds.”, which is exactly what happened to Greece.

The trap mechanism was completed. Anyone who dared to refuse austerity and sado-monetarism, imposed by the Brussels/Berlin axis, through 'undesired' political parties in power, would be delivered to the hands of the ECB regime and would be forced to take all the painful measures, through economic suffocation.

The new coalition in Italy will certainly have to face this sinister mechanism (perhaps another silent or open financial coup), in case that it will remain committed to its promise to relief the Italian people from brutal austerity.

So, the next big question is: how many more financial coups the European Financial Dictatorship is willing to orchestrate in order to maintain austerity and sado-monetarism inside the member-states?

Facebook partners with hawkish Atlantic Council, a NATO lobby group, to “protect Democracy”

Facebook is hoping that a new alliance with the Atlantic Council — a leading geopolitical strategy think-tank seen as a de facto PR agency for the U.S. government and NATO military alliance – will not only solve its “fake news” and “disinformation” controversy, but will also help the social media monolith play “a positive role” in ensuring democracy on a global level.

The new partnership will effectively ensure that Atlantic Council will serve as Facebook’s “eyes and ears,” according to a company press statement. With its leadership comprised of retired military officers, former policymakers, and top figures from the U.S. National Security State and Western business elites, the Atlantic Council’s role policing the social network should be viewed as a virtual takeover of Facebook by the imperialist state and the council’s extensive list of ultra-wealthy and corporate donors.

The partnership is only the latest in a steady stream of announced plans by the Menlo Park, California-based company to address controversy surrounding its role in the 2016 U.S. presidential election. The company has been mired in scandal stemming from the allegations of “election interference” carried out through the social network – usually pinned on the Russian government and ranging from the use of independent media to the theft of Facebook user data by political consultancy firm Cambridge Analytica.

The announcement should sound alarm bells when one considers the Atlantic Council’s list of sponsors – including, but not limited to, war-profiteering defense contractors; agencies aligned with Washington and the Pentagon; Gulf Arab tyrants; major transnational corporations; and such well-loved Western philanthropic brands as Carnegie, Koch, Rockefeller, and Soros. Even the name of the group itself is meant to evoke the North Atlantic Council, the highest political decision-making body of North Atlantic Treaty Organization.

Full report:

Surveillance state? Amazon selling facial recognition technology to govt ‘threatens freedom’

Amazon’s powerful new facial recognition technology automates mass government surveillance and threatens individual freedom, according to the American Civil Liberties Union (ACLU).

The online retail giant has begun selling the big brother-like technology, which it calls “Rekognition,” to law enforcement and local government authorities across the United States.

The new service can identify, track and analyze people in real time, recognizing up to 100 people in a single image. The information it collects can then be scanned against databases featuring tens of millions of people, the ACLU said.

Full report:


Anti-Macron protest turns violent in Paris


Maduro declares top US diplomat persona non grata, gives him 48 hours to leave

Maduro, in rejection of Washington's interventionist policies, has given Chargé d'Affaires Todd Robinson 48 hours to leave Venezuela.

President Nicolas Maduro said United States Chargé d’Affaires Todd Robinson and head of political affairs Brian Naranjo have 48 hours to leave Venezuela. Maduro says the decision to expel the pair is aimed at defending Venezuela's sovereignty and in rejection of Washington's interventionist policies against the country and its people.

"I have declared him persona non grata, and I announce the exit of the United States Chargé d'Affaires in 48 hours," Maduro said of Todd Robinson during the official proclamation of his re-election. He accused Robinson of being involved in "a military conspiracy" against Venezuela saying the U.S. embassy had been meddling in the military, economic and political issues, and vowed to present evidence to the nation shortly.

"Neither with conspiracies nor with sanctions will you hold Venezuela back," Maduro said, at the National Electoral Council's (CNE) headquarters in downtown Caracas.

He said that the government had given the embassy more than 20 warnings regarding interference into Venezuelan internal affairs, but all had fallen on deaf ears.

Maduro announced the measures in a speech after receiving credentials from the country’s National Electoral Council confirming his new presidential mandate following his victory in Sunday’s election.

Maduro said that Venezuela faces unconventional forms of war that seek to colonize it again and destroy its democracy but the country and its people have prevailed.

A miracle brings us here. How many obstacles we have overcome. The maker of the miracle is the people of Venezuela, with their strength,” Maduro told the crowd at the CNE. “Venezuela is capable of overcoming any challenge, and has the democratic and institutional maturity and strength of conscience.”

Source: