BANK RUNS HAVE BEGUN IN ITALY!

 

July 11, 2016 – 4
We have numerous reports of BANK RUNS taking place right now throughout Italy. Reports of lines of people at ATM’s are draining the automatic tellers of all cash.

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This comes after weeks of speculation about the health of several Italian banks, including the oldest Bank Monte dei Paschi, which has been in business since the year 1472 – twenty years before Columbus discovered America!

Snce March of this year, SuperStation95 has been reporting the Italian banking system is a “leaning tower” heading toward collapse at literally any moment. And as Italy’s banks begin to go down like dominoes, it is going to set off financial panic all over Europe unlike anything we have ever seen before.

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Saturday’s motu proprio another blow to Vatican transparency and financial accountability

 

Cardinel Pell and his transparency program related to the Vatican’s accounts takes a hit as the ‘old guard’ pushes back hard.

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July 11, 2016 (Catholic Culture) — Here’s what you need to know about the latest reconfiguration of the Vatican’s financial agencies:

  • The Secretariat for the Economy was established to carry out reforms in the wake of financial scandals, to establish transparency and accountability.
  • The proposed reforms irked some veteran Vatican officials, and sparked internal disputes. As a result of which…
  • The power of the Secretariat for the Economy—the engine driving the financial reform—has been reduced.

In short, the motu proprio released on Saturday is another blow to the cause of transparency and accountability at the Vatican. As veteran Vatican-watcher John Allen observed, it is a victory for the “old guard”—the entrenched bureaucracy that blocks any significant change in the way the Roman Curia do business.

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Of cosmopolitanism and rank ‘tribal’ hypocrisy

NOW that populist rebellions are taking Britain out of the European Union and the Republican Party out of contention for the presidency, perhaps we should speak no more of left and right, liberals and conservatives. From now on the great political battles will be fought between nationalists and internationalists, nativists and globalists. From now on the loyalties that matter will be narrowly tribal — Make America Great Again, this blessed plot, this earth, this realm, this England — or multicultural and cosmopolitan.

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Well, maybe. But describing the division this way has one great flaw. It gives the elite side of the debate (the side that does most of the describing) too much credit for being truly cosmopolitan.

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BrExit: Why it happened and how it will advance like a contagion

At long last the tyranny of the global financial elite has been slammed good and hard. You can count on them to attempt another central bank based shock and awe campaign to halt and reverse the current sell-off, but it won’t be credible, sustainable or maybe even possible.

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The central bankers and their compatriots at the EU, IMF, White House/Treasury, OECD, G-7 and the rest of the Bubble Finance apparatus have well and truly over-played their hand. They have created a tissue of financial lies; an affront to the very laws of markets, sound money and capitalist prosperity.

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The Historical perspective of the formation of the EEC & EU

Credence Film

The following presentation gives a good historical perspective of how the EEC or European Economic Community and eventually the EU or European Union was formed.

Without understanding how the EU came into being one is unable to assess whether it is a valid political structure or one based on a massive fraud that stretches back to NAZI Germany and beyond. I strongly recommend that you spend 40 minutes watching this historical presentation so that you can better understand the momentous referendum vote of this week.