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Archive for November, 2015

From The Valley of The 7: Confessions of a Former Swiss Banker

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Former Swiss Banker Francois Siebenthal discusses his experiences at the highest levels of International banking, while attending an annual conference with The Pilgrim’s of St. Michael in Rougemont, Quebec, Canada. Eucharist Shine Films was on-hand to document the proceedings and classroom sessions. While there, we were introduced to former Swiss banker Francois de Siebenthal, an advocate for the concept of worldwide monetary reform known as “Social Credit,” agreed to an in-depth interview. Executive Producer, Frank Maggio. Production Coordinator, Brent Gardner. Cinematography & Editing by Joe Gaudet, of Tampa & St. Petersburg, Florida.

 

No Justice in Ireland just kangaroo courts of collusion between DPPs , private barristers/solicitors and Gardai

By Andrew

Criminal corruption and cronyism between the DPP s office/senior gardai and private solicitors/barristers.
No solicitor/barrister who works for the DPPs office should be working privately for a defendant.
This is a SERIOUS CONFLICT of interest and has to stop.

http://www.irishexaminer.com/ireland/state-paid-euro65m-to-solicitors-for-dpp-work-in-2013-278197.html
The DPP s office, Labour/FG, senior gardai, private solicitors/Barristers firms
and judiciary are all in cahoots together. This is how with this corrupt justice
system, no one gets a fare hearing/trial in court. Its all just a  kangaroo court.All their little cozy chats before court, stitching up people. THIS PRACTICE HAS TO STOP.

We need something urgently done about this corruption and collusion
in our justice system. All are political appointments by TD s of their
relatives and cronies on the HIGHEST paid salaries in the WORLD.

TD Brendan Howlin has made the DPP s office in Ireland the HIGHEST paid state prosecutions office in the
world and he has also made sure to hide this information under the freedom of information Act.

“two individuals in the DPP’s office receive a salary between €150,000
and €200,000 (Clare Loftus and Liz Howlin ,Brendan Howlins own relative), with 21 employees
earning between €100,000 and €150,000”  and these salaries does not include the BONUSES they get ,
despite millions paid out by the tax payers in MISCARRIAGES OF JUSTICE as a result of the DPP s wrongful prosecutions
of innocent people.
http://www.irishexaminer.com/ireland/lying-eyes-lawyer-best-paid-at-270k-188997.html

http://www.independent.ie/irish-news/politics/judge-in-whistleblower-inquiry-accused-of-calling-daly-a-bitch-30140473.html

http://www.independent.ie/irish-news/courts/judge-called-clare-daly-a-bitch-claims-whistleblower-30138477.html

http://www.conncorrigan.org/portfolio/the-phoenix-2013-peter-jones-penalty-points/
No accountability in the DPP s office, just collusion and corruption and kangaroo court

https://www.youtube.com/watch?v=HhzNO_X3eg0

http://www.independent.ie/irish-news/judge-received-garda-leaks-on-private-citizens-30136859.html

http://www.irishmirror.ie/news/irish-news/politics/mick-wallace-emotional-attack-alan-3184446

http://www.independent.ie/irish-news/dont-you-know-who-i-am-what-shatter-said-to-garda-29300483.html

http://floatingcarpentry.com/garda/

http://www.longfordleader.ie/news/local-news/judge-had-penalty-points-wiped-from-licence-1-5634646

http://www.irishexaminer.com/ireland/anglo-trial-trio-are-dpp-best-paid-barristers-278054.html

http://www.irishexaminer.com/ireland/bailey-denied-disclosure-of-internal-dpp-memo-277082.html

http://www.irishexaminer.com/ireland/whistleblower-senior-garda-beefed-up-finds-268885.html

” Of the 22 positions filled by Brendan Howlin, the public expenditure
and reform minister, none were advertised”
http://www.irishexaminer.com/ireland/cabinet-flouting-rules-on-filling-state-jobs-274179.html

source: http://www.fairsociety.ie/no-justice-in-ireland-just-kangaroo-courts-of-collusion-between-dpps-office-private-barristerssolicitors-and-senior-gardai/

Journalist Dead and 3 More Arrested After Exposing Turkey Is Arming Syrian Extremists

By Claire Bernish | The Anti Media

(ANTIMEDIA) Istanbul, Turkey — Just over a week after Cumhuriyet Editor-in-Chief, Can Dündar, represented the Turkish daily news outlet in receiving a press freedom award, he and another top editor were arrested and jailed on charges of espionage. In question was a controversial article exposing arms shipments from Turkish intelligence to Syrian extremist rebels.

“We have been arrested,” tweeted Dündar on Thursday. “Don’t worry, these are medals of honor for us.”

He explained further: “We are accused of ‘spying.’ The president said ‘treason.’ We are not traitors, spy [sic], or heroes; we are journalists. What we have done here is an act of journalism,” said Dündar before testifying on Thursday. “Of course, this prosecution will help enlighten how these incidents took place, rather than how we covered this story.”

Related Article: Terrorism Act Used as Reason for Seizing Journalist’s Computer

Now a third Turkish journalist has been arrested, according to local reports. Ertuğrul Özkök, a reporter for Turkish daily Hüriyet, has been arrested for a slanderous criticism of who is presumed to be Erdoğan — even though the president wasn’t explicitly named anywhere in Özkök’s article. As if more evidence of Turkey’s quashing free press and free speech were needed, Özkök potentially faces five years and four months in prison for expressing this opinion.

Dündar and Ankara correspondent, Erdem Gül, if found guilty on charges of spying, as well as aiding a terrorist organization, could spend the rest of their lives in a Turkish prison — for doing their job. There is a painfully ironic undercurrent in the charges considering the subject of the article is the Erdoğan administration’s complicity in arming Syrian extremists (read:terrorists).

Erdoğan himself sued Dündar and accused Cumhuriyet of releasing false information and spying when the story first exploded, stating at the time the journalist responsible would “pay a heavy price,” as the Wall Street Journal reported.

Despite Cunhuriyet’s recent honor from Reporters Sans Frontières (RSF, or Reporters Without Borders), under the paranoid, watchful eye of Turkish President Recep Tayyip Erdoğan, journalists — and dissenters — have faced sweeping general censorship. Dündar and Gül might be the most prominent recent examples of Erdoğan’s attempt to keep “state secrets” concealed from public scrutiny, but they’re not the first journalists to poke this particular sore spot.

In fact, the last time a reporter tried to expose Turkey’s complicity in arming Syrian extremists, she met an untimely and as-yet unexplained death under seriously suspicious circumstances that remain inscrutable to this day — even to her own family.

PressTV reporter Serena Shim, a U.S. citizen, had been investigating the flow of anti-Assad militants and weapons from Turkey’s border region into northwestern Syria amidst heavy fighting near the town of Kobanî. During this time, she attracted the attention of Turkish Intelligence (MiT — Millî İstihbarat Teşkilatı). Though locals knew her and the integrity of her reporting, MiT proceeded to question them and requested her whereabouts — under the unfounded guise Shim had been acting as a spy.

In reality, Shim had uncovered evidence of secret Western assistance to the Islamic State” — a particularly touchy subject for Erdoğan, as seen in the arrests of Dünbar and Gül. Her video evidence of this assistance — reportedly “proof of Islamic State terrorists using United Nations World Food Program vehicles for a convoy” into Syria, likely akin to Dünbar and Gül’s discovery — has never been recovered. Her passport and wedding ring, seized by Turkish authorities sometime after her death, have never been returned to her family.

Related Article: James Risen on Why Journalists Must ‘Fight Back’

Serena Shim and her cousin, cameraperson Judy Irish, unlike the arguably more fortunate Dünbar and Gül, were ostensibly “hit by a truck after turning into the opposite lane on a highway access road,” as reported in wtfrly.com. Shim was killed, though discrepancies are plentiful in official reports, including whether she died at the scene or an hour later from heart failure in the hospital. Shim and Irish were inexplicably taken to hospitals over 25 miles apart from each other by Turkish military officials, not police, who ‘investigated’ the wreck. After outrage from Shim’s family, Turkish authorities — who first claimed they were unable to locate the vehicle responsible for hitting Shim and Irish — eventually produced photos of the accident, which they then claimed had been caused by a cement truck driver.

Shim’s family has yet to receive answers from either Turkish or U.S. authorities about her dubious demise. On October 20, 2014, Marie Harf of the State Department took questions from the press on a number of subjects, including rumors surrounding Shim’s death. According to the transcript:

QUESTION: Does the U.S. have any comment on reports the death of U.S. citizen Serena Shim in Turkey may be more than just a car crash, following her reports that ISIS militants are being smuggled across the Syrian border

full article at source:http://consciouslifenews.com/journalist-dead-and-3-more-arrested-after-exposing-turkey-is-arming-syrian-extremists/11102969/

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Fractional-Reserve Banking is Pure Fraud

source and full article https://www.sprottmoney.com/blog/fractional-reserve-banking-is-pure-fraud-part-ii-jeff-nielson.html

Part I of this series brought to attention several facts about our banking “industry.” Notably, that even the most accepted activities of this financial crime syndicate are inherently illegal and fraudulent. When the Big Banks simply lend out “their” deposits (i.e., our money), conduct that would be illegal for any other entity, it is the crime of conversion.

Banks are given the privilege of immunity from this crime, as it is deemed to be in “the public interest” that they be allowed to engage in such lending. But the banks have gone far beyond this initial premise of illegality. They have also been granted the privilege to practice what they euphemistically call fractional-reserve banking, or “lending” what does not even exist – naked fraud.

This, too, is somehow deemed to be in “the public interest,” despite the fact that, as explained/demonstrated in Part I, fractional-reserve fraud automatically transforms the monetary system of that jurisdiction into a leveraged Ponzi scheme. The banks have been granted the privilege to destroy our monetary system, slowly, and for their own profit.

However, even this extraordinary privilege (i.e., licence to commit fraud) has not been enough for the Big Bank crime syndicate, which regular readers know as “the One Bank.” It chose to destroy our system relatively quickly, and it did so by first bribing or deceiving its political stooges in government to gut all banking regulation. Then, relieved of any legal requirements to operate on a prudent (or even sane) basis, it embarked upon a spree of the most reckless and fraudulent gambling that the world has ever seen.

The result of this gambling, fraud, and insanity was the Crash of ’08, when the One Bank’s gambling/fraud imploded. It then bullied and threatened the corrupt governments of the West into endorsing what was (euphemistically) called “too big to fail.” This is a special status, reserved exclusively for the Big Bank tentacles of the One Bank, which allows those tentacles to engage in permanent, institutionalized extortion against our governments: “pay off all of our bad debts (forever), or else.”

“Too big to fail” is the antithesis of anything and everything that falls under the doctrine of capitalism. In what we call “capitalism,” there can never be an entity that is too big to fail. Insolvent entities are supposed to be put out of their misery – and as quickly as possible. In real capitalism, there can only be too big to exist.

It is with this context in mind that our corrupt governments promised us “never again.” The Big Banks would never again be allowed to engage in such reckless gambling, naked fraud, and institutionalized extortion, they told us, because there would be “tough, new rules” to rein in the reckless criminality of the One Bank.

From the U.S. government, we got the “Dodd/Frank” law: page after page of meaningless window-dressing. The one new regulation that would have actually impinged upon this crime syndicate (slightly), “position limits” in commodity markets, was never put into place (in the form in which it was written).

Meanwhile, many bankers themselves also promised “new regulations” because (incredibly) the banking crime syndicate is allowed to self-regulate most facets of its criminal operations. These regulations were to be specifically aimed at reducing the insane leverage (i.e., fraud-ratio) practiced by these Big Banks, which was the direct cause of the implosion of our financial system.

As noted in Part I, in the original model of fractional-reserve fraud, the fraud ratio was fixed at 10:1. This alone enabled these banks to lend/spend ten times more (of other people’s money) than they even possessed. It allowed these banks to conjure 90% of our “money” out of thin air and into their own vaults. But those days are long behind us.

When the Big Banks, and primarily the Big Banks of Wall Street, imploded our financial system with their reckless gambling, their “leverage ratio” (fraud ratio) averaged over 30:1 . Only 3% of our money supply was created by the central banks, and 97% of this funny money was conjured out of thin air by this crime syndicate.

In the Crash of ’08, the mere $100s of billions in extortion payments that the Big Banks called their “bail outs” were only the tip of the iceberg. The actual cost of the bail outs of ’08 was in the $10s of TRILLIONS once all of the hidden “tax breaks” and “loss guarantees” for the Wall Street banks were fully priced. This was what was supposed to happen “never again.”

The previous rules that were in place were known as the “Basel II” regulations. These banking protocols are named after the city in Switzerland in which they were drafted. While New York and London are the centres for the One Bank’s empire of crime, it is Switzerland that is its home.

Under Basel II , the “capital cushion” of the Big Banks (and thus their leverage) was defined in two ways. Under one definition of capital, the Big Banks were required to maintain a microscopic 2% capital cushion, meaning a fraud ratio of 50:1. Under the slightly more rigorous definition of capital, the Big Banks were required to maintain a tiny 4% capital cushion, a fraud ratio of a mere 25:1.

With “Basel III,” the bankers promised us they would reduce their fraud ratio back to acceptable levels, but still nowhere near the original (and still insane) 10:1 fraud ratio upon which fractional-reserve “banking” is based. In the new Basel III rules, this is what we are supposed to believe. According to the broadest definition of leverage, Big Bank capital cushion is supposedly being raised from a microscopic 2% level to a still absurd 4.5% ratio, going from 50:1 leverage to leverage still in excess of 20:1.

Under the more stringent definition, the Big Bank capital cushion is supposedly being raised from 4% to 6%. In other words, the fraud ratio is supposedly being reduced from 25:1 to a ratio still in excess of 16:1. The problem is that this is not what these banksters actually did.

How did they lie to us? What did they actually do?

They lied to us through more of their “definitions.” In this case, it is one particular definition, and arguably the most-important definition of all: “Calculation of Derivative Liability Amounts.”

  1. 19. Derivative liabilities are calculated first based on the replacement cost for derivative contracts (obtained by marking to market) where the contract has a negative value. When an eligible bilateral netting contract is in place that meets the conditions as specified in paragraphs 8 and 9 of the annex of Basel III leverage ratio framework and disclosure requirements, 5 the replacement cost for the set of derivative exposures covered by the contract will be the net replacement cost. [emphasis mine]

First, some translation of the text above. Banks are required to hold a capital cushion to (supposedly) cover any potential liabilities. But this doesn’t mean their total potential liabilities. Rather, they are only required to hold sufficient assets to cover some of their potential liabilities (a “fractional reserve”).

But even this extreme latitude was not sufficient for this crime syndicate, so it “re-defined” its liabilities, specifically its derivatives liabilities. Instead of being required to hold assets in relation to their actual derivatives liabilities, the Big Banks are only required to hold assets in relation to “the replacement cost” of the contract, a near-zero amount in comparison to their derivatives liabilities.

Understand that the so-called derivatives market is not some obscure side business of this banking crime syndicate. It is an unregulated, totally fraudulent book-making operation, where this mountain of fraudulent gambling is somewhere around twenty times larger than the entire global economy. We’re no longer sure how big, because five years ago the Big Banks changed more of their “definitions,” and overnight, the derivatives market shrank by 50% .

The banks hold “fractional reserves” not to cover a small portion of their derivatives liabilities but rather to cover a small portion of the cost of writing up new contracts. This is what is directly implied by such capital requirements: when the banking crime syndicate suffers a loss on one of their derivatives bets, instead of paying off on that bet/liability, all they do is tear up the contract and write a new one.

In fact, this is precisely what the One Bank is allowed to do. The salient example is when the Big Bank crime syndicate simply refused to pay off on their “credit default swap” liabilities when the government of Greece defaulted on its debts in 2011.

What is a credit default swap? It is one of the largest forms of derivatives fraud. This is supposed to be insurance against the risk of default on debts, most notably sovereign debts (i.e., bond debt). But in reality, it is only pretend insurance – more naked fraud.

At the time Greece defaulted, its sovereign debt exceeded $400 billion. It simply erased 75% of those debts, meaning pay-outs (by the Big Banks) on roughly $300 billion of insured losses . However, the bankers’ losses would have been many multiples of that $300 billion.

Because the risk of default (of these hopelessly insolvent regimes) is deemed to be “small,” the pay-outs on these contracts are at huge odds, running as high as 300:1. Yet despite these extreme odds, the Big Banks are allowed to write up this insurance while holding virtually zero collateral for claims against this “insurance.” More fraud.

Fractional-Reserve Banking is Pure Fraud, Part II - Jeff Nielson

US Ally Saudi Arabia’s New King Likes Beheading People More Than His Predecessor

Saudi Arabia is planning to execute dozens of people in a single day, according to Amnesty International who warn that “it is clear that the Saudi Arabian authorities are using the guise of counter-terrorism to settle political scores.” As The BBC reports, 55 people were awaiting execution for “terrorist crimes”, while a now-deleted report by al-Riyadh said 52 would die soon; which is on top of the “at least 151 people” who have been put to death since Saudi Arabia’s current King Salman rose to power after the death of King Abdullah in January 2015, dramatically higher than the total of 90 in 2014.

As Vice News reports Amnesty International criticized the wave of executions, calling it “a grim new milestone in the Saudi Arabian authorities” use of the death penalty.

“The Saudi Arabian authorities appear intent on continuing a bloody execution spree which has seen at least 151 people put to death so far this year — an average of one person every two days,” said James Lynch, deputy Middle East and North Africa director at Amnesty International. “The use of the death penalty is abhorrent in any circumstance but it is especially alarming that the Saudi Arabian authorities continue to use it in violation of international human rights law and standards, on such a wide scale, and after trials which are grossly unfair and sometimes politically motivated.”

 

The last time Saudi Arabia executed more than 150 people in a single year was when 192 executions were recorded in 1995. No one at Saudi Arabia’s Justice Ministry was immediately available to comment on the surge in the numbers of executions.  But diplomats have speculated it may be because more judges have been appointed, allowing a backlog of appeals cases to be heard.

 

Saudi Arabia’s current King Salman rose to power after the death of King Abdullah in January 2015, and has moved to consolidate authority among his own branch of the royal family. Upon assuming power, he shook up the cabinet, appointed a new minister of justice, and placed functionaries loyal to him in positions of power throughout the state bureaucracy.

Saudi Arabia has long been ranked among the top five countries to use capital punishment. It ranked number three in 2014, after China and Iran, and ahead of Iraq and the United States, according to figures from Amnesty International. The same five countries executed the most prisoners in the first six months of 2015.

However, things are about to get even crazier, as The BBC reports, Amnesty International has expressed alarm at reports that the authorities in Saudi Arabia are planning to execute dozens of people in a single day.

full article at source: http://www.zerohedge.com/news/2015-11-27/us-ally-saudi-arabias-new-king-likes-beheading-people-more-his-predecessor

Irish labour party lies

Remember this  twit? and his blatant Lies to get into government so he could collect a fat pension for himself

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Ireland: people sleeping rough in Cork city

The number of people sleeping rough in Cork city is nine times higher this year than it was four years ago, a charity has claimed.

According to the Cork Simon Community, there were 35 people sleeping on the streets in 2011 and they have already dealt with 311 people by the end of October this year.

Outreach worker from the Cork Simon Community, Brian Quinn, said that it is an incredibly tough job at the moment.

“The ideal is that you’re on the street, you link in with someone, you can offer them options,” he said.

“Whereas for the last 12, 18 months, you kind of encourage people in, make links with them, but you seem to be saying ‘No’ more than any other word, you know?

“‘Is there somewhere for me tonight?’ – ‘No’.

“The only thing you kind of say Yes to is ‘Will I have to come back at 11 o’clock for a chance for a bed or a sleeping bag?’ and you go: ‘Yes’.

“And that makes the job incredibly tough, no matter how long you’re doing it, to see someone standing in front of you, who’s been coming every day for weeks and weeks, possibly months on end.”

source:http://www.irishexaminer.com/breakingnews/ireland/numbers-sleeping-rough-in-cork-nine-times-higher-than-in-2011-707133.html

 

Comment:

By Thomás Aengus O Cléirigh

Thinking of coming to Ireland? then you better have a lot of money and get ready to get ripped off big-time:Corruption is rampant and the government is just a mouthpiece for Berlin!  If you are hoping to get work and a good Job forget it : Stay where you are! we are all financial slaves trying to survive from pay check to pay check and the stealth taxes to pay for the corrupt bankers and the ” Insiders ” who have all gotten rich again buying back their own bankrupt loans at knockdown price deals whilst the taxpayers of this BA-NAMA Republic cringe at the thought of the future!

 

 

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