Tuesday, August 16, 2016

Cyprus Steal: The West’s Premeditated Bank-Robbery

March 31, 2013 by · Leave a Comment 

By Jeff Nielson, Bullion Bulls Canada

The veils have been removed. The open criminality of Western regimes is now on display for all the world to see. Bank robbery is now official government policy across the West with no debate, and (of course) no voting.

As was noted in my original commentary on this government-perpetrated crime; it was immediately obvious that this was an entirely staged/scripted event. To fully comprehend the premeditated nature of this crime requires a detailed examination of the chronology.

December 10th, 2012:

The U.S. Federal Deposit Insurance Corporation and the UK Bank of England jointly release a “position paper” titled Resolving Globally Active, Systemically Important, Financial Institutions. Sounds wonderful: “resolving.” They are finally coming up with a plan to put the “Too Big To Fail” fraud-factories out of our misery. Wrong.

This document is a blueprint for precisely the opposite: propping-up these TBTF monstrosities forever. This manifesto was simply coming up with new “proposals for financing” – i.e. feeding the Beast. And one of these proposals was the “bail-in.”

[Item 19] The introduction of a statutory bail-in resolution tool (the power to write down or convert into equity the liabilities of a failing firm)… [emphasis mine]

Why was there no rioting in the streets of the U.S. and UK? Why were there no scathing condemnations from our wonderful “free press”? In fact, why did the Corporate Media not even mention that the “bail-in” was now government policy for the U.S. and UK?

And what about our “representatives”; our “leaders” – the politicians? Why did not a single one of these Stalwarts in the U.S./UK utter so much as a “peep” about bank robbery becoming official government policy in the United States and United Kingdom?

Because when these Traitor Governments made this their “official policy” they never (fully) defined what they really meant by “bail-in”. Here is as close as the FDIC/Bank of England come to telling the truth:

A bail-in tool would enable the U.K. authorities to recapitalize an institution by allocating losses to its shareholders and unsecured creditors [emphasis mine]

Why were no UK politicians protesting the “bail-in”? Because when the Bank of England spoke of “allocating losses to…unsecured creditors” no one would have dreamed that what this central bank really meant was stealing the money out of peoples’ bank accounts.

It should be noted that while that provision was explicitly designated as applying (only) to “the U.K. regime” that it can be implicitly understood that it applies to the U.S. as well. While the provisions for “the U.S. regime” do not use the term “bail-in”; here is the vague language which was employed:

Title II [of the Dodd-Frank Act] requires that the losses of any financial company placed into receivership will not be borne by taxpayers, but by common and preferred stockholders, debt holders, and other unsecured creditors [emphasis mine]

The official policy of the U.S. government is precisely the same as that of the UK (hence the joint “position paper”); the FDIC simply didn’t articulate its own plans for bank-robbery to the same degree. Put another way; there were seven sections detailing how the UK would “resolve” these “systemically important institutions” (but no mention of bank-robbery) versus only two sections for the U.S.

Now we come to the remainder of the chronology, which not only proves that the Cyprus Steal was planned (at least) as far back as December 2012, but that “the fix was in”: our Traitor Governments had already reached agreement with the Traitor Government of Cyprus to perpetrate this crime.

More articles from Bullion Bulls Canada….

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