European Bank Runs Could Spread Like Wildfire Due to Cyprus Banks - Laurence Kotlikoff

Laurence Kotlikoff is professor of economics at Boston University, fellow of the American Academy of Arts and Sciences, research associate of the National Bureau of Economic Research, fellow of the Econometric Society, and former senior economist of the Presidents Council of Economic Advisers.


Economics Professor Laurence Kotlikoff says banking problems in Cyprus "could spread like wildfire throughout Southern Europe and Northern Europe and into the U.S. because we have a banking system that's built to fail." Dr. Kotlikoff also says, "It's going to happen in the form of a crash in the bond market. Interest rates are going to skyrocket, and we're probably going to have high inflation because the government is printing money out the wazoo." Join Greg Hunter as he goes One-on-One with Economics Professor Laurence Kotlikoff of Boston University.

David Icke : The Rothschild Agenda...Third World War & New World Order

The Rothschild control the banks of the world, and they print the money out of thin air, so everything can be "bought". Money equals debt, it means nothing to them, it's just a way of enslaving us the population of the world, to work the rest of our life. "Don't think, just work and watch TV before you go to sleep". One thing people and governments seems to forget is that we (the citizens) have the greatest resource on our side when it come to war and/or conflict (which we will see soon enough) we have overwhelming NUMBERS. They cannot possibly hope to stop even half of us when the time comes to rise up and do something. The biggest crutch to this is the ones who dont know, the blind ones, the ones who sit by idle and do nothing. The sooner we are all educated the sooner we can all change this place.

The Illuminati have their first Jesuit Pope in The Vatican

The Illuminati: The Pope Francis I Conspiracy

The Jesuits are the Illuminati. They will use any trick in the book to fulfill their plans (they wrote the book) They use the saying "the end justifies the means", so they don't have any rules to live by. When you look at it all of this leads to the Vatican, and the Freemasons. The reason why they worship a owl is because they are worshiping pagan deities . When you think about it the Illuminati are part of the conspiracy too because they are also a secret society, all secret societies are mystics like the skull and bones some people think its just a fraternity but its more than that.They have a whole agenda to gain control of the world and lead us into a NWO one world government and one religion and their religion is NOT of god, their religion has its roots in Babylon. The Jesuits who are in the Vatican and around the world are Antichrist and they have been trying to take over since the beginning they are the ones who killed Christians and tried to convert people to follow their pagan religion. These people sacrifice babies and drink blood, the same thing Babylonians did.

What Really Happened Radio Show: Mike Rivero Monday April 1 2013 (Commercial Free Video)

Michael Rivero is the webmaster of http://whatreallyhappened.com/ and host of the What Really Happened radio shows on the Republic Broadcasting Network. Formerly with NASA, Michael transitioned his image processing skills (along with a brief stint as an actor) into the then-new motion picture computer animation field and has worked on films such as "Star Trek", "The Day After Tomorrow", and has supervised visual effects on "Brainscan," "LOST", and "Hawaii Five-0." Michael has taken a sabbatical from film work to focus all his efforts on peace activism. Michaels foray into blogging began before the word was even invented, and happened almost by accident when he spotted a suspicious photograph being broadcast on ABC news in 1994 related to the death of White House deputy Council Vincent Foster. Since that sudden beginning, Michaels website has expanded to cover diverse topics including the JFK assassination, the accidental shoot-down of TWA 800, election fraud, health issues, Saddams non-existent nuclear weapons, 9-11, the economy, and of course, the lies used to trick the United States into wars of conquest on Afghanistan, Iraq, and now Iran. Michael resides in Hawaii with his wife Claire, who is a composer and creates much of theme music used on the What Really Happened radio show

After Cyprus Canada ? The Confiscation of Savings in Canada Coming Soon ?

The politicians of the western world are coming after your bank accounts. In fact, Cyprus-style “bail-ins” are actually proposed in the new Canadian government budget. When I first heard about this I was quite skeptical, so I went and looked it up for myself. And guess what? It is right there in black and white on pages 144 and 145 of “Economic Action Plan 2013″ which the Harper government has already submitted to the House of Commons.

This new budget actually proposes “to implement a ‘bail-in’ regime for systemically important banks” in Canada. “Economic Action Plan 2013″ was submitted on March 21st, which means that this “bail-in regime” was likely being planned long before the crisis in Cyprus ever erupted. So exactly what in the world is going on here? In addition, as you will see below, it is being reported that the European Parliament will soon be voting on a law which would require that large banks be “bailed in” when they fail. In other words, that new law would make Cyprus-style bank account confiscation the law of the land for the entire EU.

I can’t even begin to describe how serious all of this is. From now on, when major banks fail they are going to bail them out by grabbing the money that is in your bank accounts. This is going to absolutely shatter faith in the banking system and it is actually going to make it far more likely that we will see major bank failures all over the western world.

What you are about to see absolutely amazed me when I first saw it. The Canadian government is actually proposing that what just happened in Cyprus should be used as a blueprint for future bank failures up in Canada.

The following comes from pages 144 and 145 of “Economic Action Plan 2013″ which you can find right here. Apparently the goal is to find a way to rescue “systemically important banks” without the use of taxpayer funds…

    Canada’s large banks are a source of strength for the Canadian economy. Our large banks have become increasingly successful in international markets, creating jobs at home.

    The Government also recognizes the need to manage the risks associated with systemically important banks — those banks whose distress or failure could cause a disruption to the financial system and, in turn, negative impacts on the economy. This requires strong prudential oversight and a robust set of options for resolving these institutions without the use of taxpayer funds, in the unlikely event that one becomes non-viable.
http://www.globalresearch.ca/the-confiscation-of-savings-in-canada-cyprus-style-bail-ins-proposed-by-ottawa-government/5329263