Cyprus And The Canadian Connection

People in the Western world have been duped. With fractional reserve banking their deposits aren’t really there anyway. As Economist Murray Rothbard has pointed out banks operating under the fractional reserve system are always by definition insolvent. At the height of the pre 2008 bubble some U.S.. banks were leveraged at over 30 to 1. The FDIC has never had more than about 2% of the funds necessary to cover all U.S. deposits they purport to insure. When a bank has loans outstanding that are 10 or 20 or 30 times the amount it holds in deposits and the bank is failing their depositors funds have already been squandered! They aren’t seizing the depositors money. It’s ALREADY gone! Now we know why the DHS is buying automatic rifles, billions of bullets and thousands of APC’s. Wait till they come after all those “rich people’s” tax deferred retirement savings.
The great Cypriot bank heist could soon be coming to the west as Canadian financial institutions along with the Canadian government have outlined their plans for a Cyprus styled bail in regime in the Economic Action Plan of 2013.
Your money is officially no longer safe in any of the major Canadian banks. As we've witnessed in Cyprus the Canadian government will be looking to loot the accounts of depositors in the event that one or more of the "too big to fail" banks depletes its capital to the point of no return. The failed system of fractional reserve lending has proven disastrous and the time has come to protect your assets from being stolen by the government.

Chris Horlacher is a practicing Chartered Accountant providing management and project consulting services to large and mid-sized companies. Chris also sits on the Board of Directors of the Ludwig von Mises Institute of Canada, an international economics and public policy research centre.

For more information visit:
http://www.mycfoweb.ca/
http://mises.ca/

Build up to WW3 - North Korea Military Officially Authorized to WAGE a NUCLEAR ATTACK Against U.S.

North Korea warns military cleared to wage nuclear attack against US

South Korea says North Korea has moved a missile with "considerable range" to its east coast after an unnamed spokesman for the North Korean army warned the U.S. Wednesday that its military has been cleared to wage an attack using "smaller, lighter and diversified nuclear" weapons.

South Korea's defense minister said Thursday the missile moved is not capable of hitting the United States.

Kim Kwan-jin dismissed reports in Japanese and South Korean media that the missile could be a KN-08, which is believed to be a long-range missile that if operable could hit the United States.

Kim told lawmakers at a hearing that the missile's range is considerable but not far enough to hit the U.S. mainland. He said he did not know the reasons behind the missile movement, saying it "could be for testing or drills."

The range he described could refer to a mobile North Korean missile known as the Musudan, which has a range of 1,800 miles. That would make Japan and South Korea potential targets, but little is known about the missile's accuracy.

North Korea has railed for weeks against joint U.S. and South Korean military exercises taking place in South Korea and has expressed anger over tightened sanctions for a February nuclear test.

The army spokesman said in a statement carried by the Korean Central News Agency that troops have been authorized to counter U.S. aggression with "powerful practical military counteractions."

North Korea nuclear threats prompt US missile battery deployment to Guam

Hagel says Pyongyang poses 'real and clear danger' to US allies as Pentagon deploys missile defence battery to Pacific island

The Pentagon ordered an advanced missile defence system to the western Pacific on Wednesday, as the US defence secretary, Chuck Hagel, declared that North Korea posed "a real and clear danger" to South Korea, Japan and America itself.
The deployment of the battery to the US territory of Guam is the biggest demonstration yet that Washington regards the confrontation with North Korea as more worrying than similar crises over the past few years. It also suggests the Americans are preparing for a long standoff.

North Korea ramped up its rhetoric on Wednesday, warning that it had authorised plans for nuclear strikes on targets in the US. The North Korean military said that the "moment of explosion is approaching fast" and that war could break out "today or tomorrow".

An unnamed North Korea army spokesman, in a statement carried by the Korean Central News Agency, said its military had been cleared to wage an attack using "smaller, lighter and diversified nuclear" weapons.

Early on Thursday the Yonhap news agency in the South said North Korea had moved what appeared to be a missile that might be capable of reaching Guam to its east coast. The Musudan missile, thought to be untested, had a theoretical range of 1,875 miles (3,000km) which would put all of South Korea and Japan within its reach, said Yonhap, quoting unnamed South Korean and US intelligence sources.

Connecticut governor signs tough new gun laws

Connecticut's governor signed tough new gun ownership rules into law, four months after a gunman opened fire on an elementary school in the state, killing 20 children and six adults. The measure passed in the state assembly makes Connecticut the third state after New York and Colorado to tighten gun laws in the wake of the December 14 massacre at Sandy Hook Elementary School. More than 100 makes of rifles - including the Bushmaster AR-15 used by killer Adam Lanza in the Newtown school - were added to an existing, but now vastly expanded ban on military-style weapons. In addition, ammunition clips holding more than 10 rounds must now be registered, while new sales of the large clips are banned.

David Icke - Know Thyself

WE ARE TRAPPED IN ILLUSION, TRAPPED IN CONFUSION TRAPPED IN NOT KNOWING WHY. WE ARE TRAPPED IN A SPELL TRAPPED IN A SHELL, TRAPPED IN A REASON WHY A DISSOLUTION OF ONES SELF MAKES ME REALIZE SHIT THAT I BEEN DEALT. AND THE MIRROR HOLDS THE FACE OF A STRANGER, FACE OF DANGER, FACE OF FALLEN ANGELS - ALL NOT KNOWING WHAT TO DO, CUZ IN THEIR LIVES, THEY WERE MANIPULATED TOO. CUZ AS MANKIND WE'RE CENTERS OF POWERS, AND OVER TIME THIS HAS BEEN DEVOURED

Cyprus Is Just A Trial Balloon ~ Sheikh Imran Hosein

Bankers are already ruling the world from behind a curtain, but soon the curtain will be gone.

Imran Nazar Hosein is a leading International Islamic Philosopher, Scholar and author, specialising in world politics, economy, eschatology , modern socio-economic/political issues and expert on international affairs. He is best- selling author of Jerusalem in the Qur'an. Imran Nazar Hosein was born on the Caribbean island of Trinidad in 1942 to parents whose ancestors had migrated from India as indentured labourers. He studied Islam, Philosophy and International Relations at several universities and institutions of higher learning. Among them are al-Azhar University in Cairo, Egypt, the Institute of International Relations of the University of the West Indies in Trinidad, the University of Karachi in Pakistan, the Aleemiyah Institute of Islamic Studies in Karachi, Pakistan, and the Graduate Institute of International Studies in Geneva, Switzerland.