This is the blog of Robert Edwards, the editor of European Socialist Action, the paper of European Action. This blog will feature articles published in European Socialist Action for the purpose of eliciting comment ... so give us your comments. All material is copyright protected. Enquiries to: Robert Edwards, PO Box 415, Ramsgate, Kent CT11 9WW. Website: europeanaction.com (click on front pages for link) This is europeanaction.blogspot.com
The Italian government
hopes to raise 10 billion euros (£8.1 billion;
$12.6 billion) selling off state-owned companies in a bid to reduce
its crippling debt mountain ... goes a recent press release. This is
the consequence of being at the wrong end of a system we know to be
nothing short of debt slavery.
All over Europe, we are
witnessing rule by finance ... private banking dictating policies to
government. The BBC is constantly pushing the idea that Greece
exiting the euro would have terrible economic consequences throughout
the rest of the world. So it is not an exclusive issue for the
euro-zone. Our Chancellor, old pal of the Rothschilds, George
Osborne, says Britain’s recovery difficulties are all down to
turmoil within the euro-zone but the real problems are far wider and
originated in the United States of America.
Let us make it clear: this
financial crisis was caused by Wall Street’s mortgage-backed
securities fraud, none of whose perpetrators have ever been brought
to book and jailed.
$90 trillion in credit
debt swaps were then sold by Wall Street against Europe’s debt
which presents further problems if the cash is not available to
make good when they are due. The truth is, Wall Street does not have
If the anti-austerity Left
had won in Greece, then a bill would be presented to Wall Street
that, of course, it could not pay.
Iceland famously threw out
their government and jailed their criminal bankers which means all
debts created through fraud were written off and the country is
slowly recovering. This, surely, is the way out but the news media
and economic ‘experts’ are telling us all that austerity is the
only way. It is not.
Completely against Greek
electoral law, the BBC and US polls predicted a win for the
pro-austerity party, even though such polls, within two weeks of
election, are banned in Greece. The BBC serves as a major influence
in deciding many countries’ election results, manipulating minds
but, in Greece’s case, quite illegally. Interfering in the
elections of other countries is nothing new. The rewards are more
debt slavery and plunder.
It was the BBC that
reported, on 9/11, the collapse of a World Trade Centre tower 26
minutes before it occurred. It gives
you some indication of how cravenly immoral the Beeb actually is.
They want to keep Greece
in the straitjacket of debt slavery because that would serve the
interests of Wall Street. The Greek people would then be consigned to
perpetual poverty to pay off debts, in reality, the results of fraud
and criminal acts committed elsewhere.
Who are these financial
gangsters that exert so much influence over governments and can
decide which country is up and which country is down? What is this
imposed system of debt slavery and why do we permit large-scale
usury, a practice condemned and proscribed in two mainstream
religions, Islam and Christianity?
The Rothschilds took
over the Bank of England in 1815 and, ever since, continued to expand
and encroach upon nations everywhere in the world where corrupt
political leaders would accept the offer of massive loans at
exorbitant interest rates ... loans
which can never be paid. This is the
secret of the Rothschilds’ ultimate control .... the iron grip of
usury whereby the borrower is permanentlyin debt and must, in perpetuity, meet all the
conditions of the money-lenders. Remember the story of Shylock in TheMerchant of Venice who
demanded his pound of flesh on the failure of debt repayment.
The central banks of
various nations, involved in bail-outs with strings attached, are
nearly all Rothschild-controlled private banks. A list of them would
flow over the edge of this page. The list includes the European
Central Bank, the Bank of England, Deutsche Bundesbank, Federal
Reserve Bank of New York, Central Bank of Russia, every central bank
in Africa and in South America ... and much more. Include the IMF,
the World Bank and the Bank of International Settlements and you get
the full picture. They are all in debt to the Rothschild family. If
anyone thinks that central banks are independent institutions serving
their nations, do not be deceived. They are illegally created private
banks owned solely by the Rothschilds, created over a period of more
than 200 years.
If you want an
explanation why we have had these successive wars over the last few
decades then consider this: before the destruction of the World Trade
Centre, there were seven central banks notunder Rothschild control. These were Iraq,
Afghanistan, Libya, Sudan, Cuba, Iran and North Korea. Now there are
only three, including the Central Bank of the Islamic Republic of
While NATO was fuelling
civil war in Libya, the Rothschilds had set up their own bank in
Benghazi ready for a take-over. They wanted Gaddafi out because he
promoted the idea of a pan-African monetary union with the Gold Dinar
as the reserve currency, independent of the globalist usurers and, of
course, against the controlling interests of the Rothschild model of
They had previously
operated in similar fashion in Iraq and Afghanistan. If you want to
know what these wars were all about then look no further than the
words on this page.
The war on Islam
(erroneously termed the “war on terrorism”) is a proxy war
declared by the Rothschilds upon the whole of Islam ... because Islam
forbids usury, the system of charging interest on loans. Usury is
also forbidden in the Holy Bible and
was prohibited by the Christian churches until a few centuries ago,
much to their eternal shame and disgrace.
The Rothschilds want to
establish their own usury-based bank in Iran. The oil is secondary.
With the enormous influence the super-wealthy Rothschilds exert over
publishing and the media around the world, the power of press,
television and so on, is brought to bear in order to tell us how evil
and dangerous countries like Iran are, creating this false image as a
prerequisite for future military conflict and take-over. They did it
before and they’ll do it again.
This emphasis on Iran’s
nuclear development and its alleged hostile intentions is also the
relentless theme of Israel’s war-rattling propaganda. This, from a
state that is armed to the teeth with over two hundred nuclear war
heads, financed largely by the tax payers of the United States.
On the Andrew
Marr Show on Sunday, June 17, Peter
Mandelson, close friend of Nat Rothschild, stated, “We are not
masters of economic events in our own country”. The characteristic
wry smile gave the game away. Mandelson was being uncommonly candid,
a trait you do not often see in most of our politicians. Mandelson is
fond of holidaying at Rothschild’s private Corfu resort and on his
luxury yacht there, alongside our very own Chancellor, George
Osborne, where deals were struck with Russian oligarchs and other
shady activities. As an insider within themoney power,
Mandelson’s statement regarding us not being masters of our own
economy can be taken as entirely authentic and factual.
This throws up the
question of the validity of democracy and the entire party political
system in thrall to the financial power of the Rothschilds. It throws
up the question of the integrity of all governments who have misled
the people into believing that government is the “master of
economic events”, with each successive party in power serving the
banking system above the interests of the broad masses of the people.
The way out is as we have
always said. In order to break the chains of debt slavery and the
system of global usury that keeps each nation bound to them, we must
strive for the alternative that is Europe a Nation.
That alternative will be
revolutionary in the truest sense. It will demand an entirely new way
of thinking so that politics itself will be turned on its head. Not
so much a method of government but an economic idea that liberates
men and nations. Money must revert to its original purpose which is
as a means of exchange, pure and simple, and not as a phantom
currency created by private banks out of thin air through lending at
exorbitant interest rates. The private banks thus controlling the
European Socialism can
only come about through popular will when crisis becomes so deep and
severe that the great masses of Europe see no other way out ... at
critical mass! It could be done through the present governments of
Europe if they had the will but the money power of the Rothschilds is
so powerful and the first stirrings from one head of government would
mean ordinary people suffering through IMF-directed austerity
measures, more severe than the previous conditions.
As separate nations
divided against each other, we are helpless and vulnerable. This is a
concept completely lost on the reactionary right wing nationalists
who oppose complete European unity. I have always said nationalism isthe enemy of Europe.
End this rotten and
corrupt international banking system by creating your own banking
system within Europe, of Europe and for the European peoples alone. A
European Central Bank, relieved of Rothschild control, would supply
credit where it is really needed and the money supply would be firmly
within the control of elected government.
Banking should serve the
people and not the other way round.
We must also have a fiscal
and monetary policy controlled by European government whereby the
supply of money is such that it is neither too much nor too little
for the development of an economy. Too much money in the system not
matched by production would lead to inflation ... less money in the
system would, of course, lead to deflation.
Today, bankers can move
money in and out of countries, often having a detrimental effect upon
those countries. It does this through operating within the
international trading system, supplying the money for this
competitive trade. They control us this way.
We say end this system of
international trade whereby financiers supply money to it and can so
easily withdraw it. The creation of a self-contained European
economic system with political leadership would remove the power of
international finance simply by our withdrawing from international
trade and thus becoming insulated from world markets.
We could create our
own banking system which would cease to be international finance.
would then serve the European people.