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Creating Wealth: How Banks Produce Money Out Of Thin Air
Politicians talk about encouraging entrepreneurs to create wealth,provide jobs and revitalise zombie economies. But entrepreneurs do not create wealh, they move money and goods around. Only the banks and the finance industry can create the wealth that drives the economy. Bankers do this by using asset values as collateral for loans. Learn how the system works and how it failed ....
Bankers And Entrepreneurs Creating Wealth By Pulling Money Out Of Thin Air
by John de Roe & Ian R Thorpe
2009-12-16
CREATIVE COMMONS: Attribute, non commercial, no derivs.
KEYWORDS: economy, crisis, finance, money, wealth, debt, interest, currency, entrepreneur, inflation, gold, markets, government, politics, politicians, asset, value, bank, nations

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How To Create Wealth By Plucking Money Out Of Thin Air

Politicians have had a long running love affair with "entrepreneurs.", when seeking power campaigning politicians talk of supporting entrepreneurs who create wealth and jobs, once in power they court successful entrepreneurs hoping to raise funds for future campaigns and to cast themselves as successful. The politicos cling to a delusional belief that entrepreneurs, fabled creatures that they are, create the wealth and jobs that will spread prosperity and happiness among the electorate.

When Margaret Thatcher, the founder of this cult of entrepreneur worship, spoke of entrepreneurs, her eyes would take on a glazed look and he face the beatific expression of somebody who has just had a spontaneous orgasm.

Throughout the New Labour years in the UK, the "people's" party (so long as those people were lawyers, academics or were stinking rich) sucked up to entrepreneurs even more than their conservative predecessors had. Business adventurers were talked of in the reverential terms normally used when evangelical Christians discuss Jesus. Our present government, the coalition of Conservatives and Liberal Democrats government is sitting around, waiting with bated breath for entrepreneurs in shining armour to ride by on their white horses and magically restore growth to the economy. But there are no signs that a great boom in business activity is on its way.

The problem is politicians are not really very bright. I have always been honest enough to admit I was a lazy and disinterested student and French, as taught in English schools never engaged me. Even so I know that an entrepreneur enters and takes, they are opportunists, quick buck merchants, nothing more.

The idea politicians and the media are so fond of then, that Entrepreneurs create wealth is a fallacy, as much a fallacy as the other crackpot idea that has been foisted on the public in developed nations, that advances in science are always beneficial to humanity. Science does not solve problems, it creates them, (but that is dealt with in another article) and entrepreneurs do not create wealth, they collect it. It is more correct to say Banks create wealth, but really they only facilitate the creation of wealth. True wealth can only be created by the great mass of people in a society. Still, if you have wanted to know why politicians are so powerless to control the bankers, the answer is relatively simple. Banks have a monopoly on the creation of money.

Be careful not to misunderstand. Do not confuse creation of money with the stuff governments do, minting coins, printing bank notes and selling bonds to investors. That is not creating money, it is only revaluing the money in circulation. And don't write off the entrepreneurs, as businessmen have been wrongly dubbed. Bankers need business to do the vulgar stuff, the growing and harvesting, mining and smelting, metal bashing, chemical mixing, shipping, building and all the activities we describe as trade and commerce. It is trade that links the surreal world of banking to the real economy of bread and potatoes, bricks and mortar, shirts and SUVs. Bankers could sit in front of their trading screens creating electronic money all day and all night if they wished and they do wish. It is exactly what they did during the last "boom". But without a solid outlet into transactional reality (such as an sack of grain or potatoes, a machine or a garment, or the existence of a real asset, a building or even an unreal asset such as a certificate proving ownership of bonds, stocks or shares, their electronic money is worthless, just figures on a screen, no more meaningful than if you or typed a manuscript declared it worth ten million dollars and said: "Hey I'm rich"

To make it real money, like Tinkerbell needs people to believe in it. Similarly banks need depositors to put the surplus tokens they have earned for their time, effort, skills or produce to establish a pool of assets from which to lend and a pool of borrowers who believe in the real worth of the banks pool of assets.

Now that is basically how the banking system worked from the beginning of civilization until the late twentieth century. So where did it all go wrong?

What happened was that an era of growth that had spanned three thousand years because it was fuelled by increasing population came to an end. The way that growth economy had been sustained was there were more people thus more work was needed to feed them, build houses and provide those things that make life good. More work meant more wages and more good produced. This meant more assets to underwrite the value of the money banks created.

There is an idea, another fallacy, that there once was a bit of gold to back up every bronze coin, every bill of currency, token, negotiable item, ledger entry and bead on a usurer's abacus. There never was. The bulk of money was always money owed. There was only ever a token amount of gold, which is how we came to be able to borrow using property deeds, bonds, or valuable artefacts as collateral.

The banks always knew this of course just as priests (apart from American evangelicals) always knew God did not exist in any physical, tangible sense.

The reason the banks became so cavalier about ordinary customers and their savings, and even ordinary business people and their modest profits. Was that the era of population driven growth came to an end. Science and technology got so good at public relations they managed to convince bankers and politicians and business owners that machines could do most jobs more efficiently and cheaply than people. It was stated above that politicians are not very bright. Business people aren't either, they did not realise that their need of the proletariat was twofold. They needed people to work on their land or in their factories and offices but saw and were willing to grab onto the promised benefits of employing machines that do not talk back, take sick leave, demand pay rises or go on strike. Unfortunately they did not think things through properly, they forgot that they needed that great mass of people to buy their goods and services too.

As unemployment rose, partly because the population continued to grow as people continued to do what comes naturally and even did it more often because they had more free time, governments faced bigger bills for unemployment benefits, it being unacceptable in civilized societies to let people starve. In an attempt to solve rising unemployment the governments took to appointing armies of tax eaters to administer the unemployment, administer pollution, administer health, education, transport, industry, food, you name it the government administered it. And all this administration cost money. The difference between what governments took in through taxes, duties and fees and what they spent on administering things became known as the "structural deficit" and by the time of the financial crash in 2008 it ran into billions of dollars, pounds, Euros and whatever every month.

The banks were not interested in borrowers who wanted a few thousand for a new car or a conservatory, they craved borrowers who needed shitloads on money on a regular basis because they had invented an accounting trick that turned money loaned out from a debt outstanding into an asset which they could add to their pool and use to attract lots more money. That was the only link the money they created had to actual stuff that has actual worth, such as solid investments, belongings that hold or increase their value, labour and skills. The marriage of notional assets and structural deficits was made in heaven.

Banks lent money that did no exist, underwritten by assets the value of which was inflated to surreal levels, to governments that had reached the stage of having to borrow money every month simply to pay the interest on the money they already owed.

Meanwhile real business was struggling. Entrepreneurs create not wealth, but new paths around which money moves. Thus money can be distributed through a long chain of people, preferably nice and fast, picking up more value as it travels through. Essentially, it's like money laundering, except that instead of turning illegal cash into legal cash, the money-circuit turns abstract cash into real money, then delivers it back to the banks. Starved of the loan needed to finance new ventures, the entrepreneurs and businessmen retrenched and made ready to ride out the financial storms that were yet to come.

Clearly then there are two kinds of money, real money which is underwritten by objects that have worth, for which people will trade the products of their labour or more often in this era, their time and practical or intellectual skills. The real money we talk of then is simply a system of tokens designed to make it easier to exchange goods and services and enable people to build a reserve from their surplus in good times to help see them through the lean times.

Then there is 'fiat money' to use the technical term of the finance markets. This is manufactured money, created by putting a false value on objects and pretending that is their worth, the price people would be prepared to pay for them in the real world. How does that work? I have a piece of software developed a long time ago that would at a stroke nullify all internet threats, rid us of the nuisance of viruses, Trojans, browser hijackers, key loggers and all the other web shite, making the internet for browsing and business and freeing computers from the CPU and memory hogging processes that force us to buy a new PC every year. I say it is worth a billion dollars so I'm a billionaire. I could say ten billion but I'm not greedy.

So why have I not sold this brilliant program or formed a company to market it?

Quite simply because it addresses the basic flaw in the IBM Intel Microsoft motherboard architecture PC that has made each succeeding generation of these wretched machines more unfit for purpose than the last. So my security technique would render every PC on the market obsolete. Thus I will continue to be asset rich, cashflow comfortable so long as I live quite modestly. But the method of creating wealth I describe is exactly how the banks made money.

By selling mortgages secured on the property to high risk customers and then using financial sleight of hand to convert monies owed to securitized assets then bundling those assets into packages of collateralized debt obligations that could be traded in the markets they produced money that only existed as numbers in a spreadsheet's data out of things that had no value in the real world. But that money boosted their balance sheets sufficiently to make people believe perpetual economic growth was a sustainable goal. And because people believed in the sustainable bubble the banks were able to lend imaginary money along with the real money until nobody knew which was which.

One way or another however, the real money tends to end up in the banks bottomless pockets along with the imaginary money. There are lots of banks, in lots of countries, able to create wealth as long as they have borrowers, all of whose debts are counted as assets ( see above ). Even though the banks appear compete with each other for business, they are actually working together, because their monopoly on money creation makes them an international cartel.

The financial products or "investment vehicles" that created the banking crisis of 2008 were specifically designed to take the smallest possible amount of value in the real world and transform it into the largest amount of value possible in the bank world. They allowed the abstract values held by banks to become so distantly from real-world values, that no one within the cartel had the least idea what relationship the debt-assets of individual banks, even their own, had to real income, revenue and profits.

The banks are still doing plenty of business business. But they know that a lot of things, such as houses, say, have the vast value that accrued to them in recent years only because they made it happen. The abstract wealth, the spreadsheet money of banks escaped into the real world, upsetting the balance of their game, and now the bankers have no more idea than you and I about what's real and what's not.

In the real world actually actuality should be easily distinguishable from virtual reality and there should be no such problems. People deal with real money all the time and know that a house is worth what the highest bidder is willing to pay for it and a car or a loaf of bread are worth what the market will stand. If we think a thing is too expensive all we need do is decline to buy it. When most people agree, the price will fall, if most people do not agree we must decide to revise our opinion or do without. "Simples," as Aleksandr the Meerkat says.

Most of us however rely on entrepreneurs, or at least on business people, to steer the stuff we need or want towards us so that we can trade for it in exchange for tokens that represent things we produce or our labour or skills. But as well as buying stuff we want or need we are also charged for the privilege of taking part in the process of making abstract money real. That's tax.

What do governments spend our tax money on? The official line is that revenue from taxes is spent on just one thing, ensuring that our potential for taking part in money-go-round is maximized, by educating us, keeping us healthy, managing civic structures, providing some civilized amenities as incentives to make us feel that life is worthwhile and enriching for its own sake, and generally maintaining civil order so we can get out to work and play in order to earn and spend our small portion and be part of the process of giving the abstract wealth of the banks a place to go, so that it can rumble along collecting real and phoney value, like a avalanche collects snow. In that respect, government spending is itself an investment in banking.

Tax is also used to provide subsistence for those who for some reason or another are unable to extract cash from the money-circuits that are the sole creators of wealth. This category of people includes the old, sick, mentally and physically disabled and the children who we hope will one day take their place in the system. It also includes the idle, the terminally stupid, political rebels, arseholes, dickheads, wankers, wasters, drunks and drug addicts (did you know that alcohol and drug addiction are not recognised as disabilities) and the deadlegs.

The presence of many of these categories on the list of people who are excused work and qualify for the taxpayers largesse naturally creates some resentment, not only from the people closest to the pinnacle of the system but also people close to the bottom who work bloody hard for little reward only to find some idle, drunken, dysfunctional loser actually has a better standard of living than they do simply through having spent time studying techniques for playing the system. So the deserving poor, the low paid workers, have to have their income raised in recognition of the good work they do. Then the rich want more money to preserve their status. Then because raising the income of the bosses, investors and workers leads to price inflation the underclass, bottom feeders, have to get more money to preserve the illusion of fairness and inclusiveness. And they all depend on the banks ability to create more money.

Even the entrepreneurs are dependent on banks, contrary to what the government seems to think (although with a really successful entrepreneur the relationship becomes symbiotic). Upset the banks, and everything gets upset.

The banks seem untouchable, because they are. No matter how many weasel words are read from an autocue by Barack Hussein Obama or spoken from the heart by Manoman Singh or off the top of the head by David Cameron about reigning in the banks and imposing tougher regulation, the bankers are holding all the aces. Ironically, the current weakness of the banks makes them untouchable, just as in the past they were protected by their strength. The banks are sick, their corporate bodies corrupted by the lax regulation and easy money of recent decades. But all we can do nothing except wait, hoping that sooner rather than later they come to the realisation that to save themselves they must save everyone, not just their investors and bond holders.

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Are the latest leaked documents from the Global Warming conspiracy published by Wikileaks the smoking gun the carbon dioxide driven climate change sceptics have been waiting for? The ceretainly demonstrate beyond not just reasonable doubt but any doubt at all that the research grant phising climate scientists deliberately changed data so the algorithms would give the answer they wanted.

Britain's Choice: Democracy Or Eurocracy
Democracy in the European Union: The people = one vote, the bureaucracy = millions of votes - because, and I quote, "The people are not intelligent enough to understand complex issues". As we have commented before, it is not just a large section of British public opinion that want's to get our country out of Europe. Last week voters in The Netherlands voted by a big majority against the EU-Ukraine Association Agreement, which would be a step towards ...

Trump, Sanders: The Anti-Globalists
While most candidates for the US Presidency are political hacks guaranteed to follow the party line, the success of Bernie Sanders and Donald Trump reflects how angry American voters are with the ruling elite, and how dangerous a situation the USA is in

Turkey, EU Exploit Syrian Refugee Crisis: Create New ‘Slave Trade’
So how is that deal between the EU and Turkey to control the flow of illegal immigrants into europe playing out. Well as expected Tutkeys gangster president is doing little to slow the tide, but like all blackmailers is making more demands. And the EU look like giving in; well what do the bureaucrats care, it's only taxpayers money.

Black Belgians Refute ‘Poverty, Discrimination’ As Causes Of Arab Terror - It's A Cultural Thing
“You know, we hear a lot about how the Arabs are a fragile community that suffers, but we, ‘les blackies,’ are discriminated against, too, and we hurt nobody”, Nico Atoba, an African Christian living in Brussels told the National Post for a feature the Canadian newspaper was assembling.

Giant Leak of Offshore Financial Records Exposes Global Array of Crime and Corruption
The Panama Papers have revealed financial secrets that could bring about the resignation of David Cameerron and several other leaders, bring down governments and send major businesses into liquidation. but are we being told the full story, or is data being cherry picked tp protects certain individuals and their interests. In there a hidden agenda at work.

Brussels Reaction to Dutch EU-Kiev Deal Vote Heats Up Brexit Issue
Brussels reaction to Dutch EU-Kiev deal vote brings to mind the way the unelected Kommissars who run the EU cynically dismissed the Irish referendum result that rejected the Lisbon treaty and further inflames the Brexit issue.

Former Foreign Secretary Says Brexit Is Needed To Protect The NHS From ‘Serious Danger’ Of TTIP

The National Health Service (NHS) will face a “myriad of dangers” from the Transatlantic Trade and Investment Partnership (TTIP -nicknamed Obamatrade), according to former Foreign Secretary David (Lord) Owen. In an interview for The Guardian< Owen warned that if TTIP negotiations are pushed through before Obama leaves office as EU officials hope, large parts of the NHS will be at risk of falling under the control of global corporations.

Former Foreign Secretary Says Brexit Is Needed To Protect The NHS From ‘Serious Danger’ Of TTIP

Yes, the Panama Papers Could Really End Hillary Clinton’s Campaign

We've been chronicling the downfall of Hillary Clinton, from her seemingly unassailable position as the anointed successor to Barack Obama, whose path to first the Democratic Party nomination and then the Presidency itself had been carefully planned and all obstacles removed...
Yes, the Panama Papers Could Really End Hillary Clinton’s Campaign

Irony Overload: Iran Warns Obama Not To Cross Red Lines
the United States concluded an agreement with Iran which lifted US and International sanctions in return for Islamic Shi'ite Republic agreeing to limit their nuclear ability. At a high level, the US would lead the way in lifting oil and financial sanctions imposed due to Iran’s nuclear programs; in return Iran would reduce their stockpile of enriched uranium,

The One 'Climate Change' Question That Really Matters But Is Never Asked?
After looking at the latest opinion survey on climate change which is full of the usual pseudo - science babble but does not ask the one important question politicians and their advisers need answered to be able to form policy, we ask it.

Panama Papers: British Elite Linked to Corruption, yet Media Only Focuses on Putin It is clear (and very easy to research) that many Amerocan elitists, including prominent political figures are involved in the Panama tax haven scandal. So why are British news organisations focusin on David Cameeron, the Conservatives and Vladimir Putin? Could it be the Gerge Soros funded group behaind the leaks have another agenda besides exposing (perfectly legal) tax avoidance?

Dutch Referendum This Week Shows why We Should Leave The EU.
Few of you were aware probably that there is an EU referendum vote in The Netherlands this week. As usual with anything negative about the EU barely a word has been printed in the topic in mainstream media and the silence from our notionally unbiased national broadcaster The Bolshevik Broadcasting Corporation (BBC) has been deafening.

Punish Google Tax Dodging And Sink The Corporate Pirates
With tax avoidance once more in the news but vying for top spot with stories of western industrial decline and Islamic penetration of civilised socities in Europe we hardly know where to start

Cruise For 1,700 School Kids Ends In Tragedy As Migrant Passengers Gang-Rape Girl

Five men, including two believed to be accessories to murder, have been arrested on suspicion of gang raping a girl on-board a special, high school kids-only pleasure cruise in Sweden. Four men aged between 18 and 19 were arrested when the luxury MS Galaxy landed after its cruise to Finland on Wednesday, with a fifth arrested yesterday. They are all accused of gang-raping an unidentified woman, and face charges of aggravated rape.

Massive Influx of Migrants 'May Start Civil War' in EU As Germanys immigrant crisis shows no sign of easing and nobody in Chancellort Merkel' s ruling coalition seems to have a clue how to deal with it, left and right wing politicians are starting to talk of the crisis dividing netions so deeply it could lead to civil war

'I Pray for Sanders' - Oliver Stone Condemns Clinton’s ‘Corrupt’ Policy
Academy Award-winning movie director Oliver Stone criticized former US Secretary of State Hillary Clinton for contributing to almost every major conflict of recent decades and for refusing to accept the fact that “the Cold War” era is over

Are Mainstream Media being Constrained From Reporting Adverse News On Vaccine Issues?
Controversy rages on around vaccines with the delusional denizens of the Church of Scienceology Cult still insistin vaccines are absolutely safe because incidences of serious harm being done to receipients of vaccines are 'statistically insignificant', Big Pharma Corporations pushing the idea that vaccines can protect us against everything but taxes and medical incompetence and politicians yelling 'vote for me and I'll abolish illness, old age and poverty ...

The FBI Just Indicted Hillary Clinton over Libyan War Crimes - sadly this article was an April Fool
Unfortunately its only an April fool joke but this article provides are rare chance to see all that despicable, arrogant, spoiled bitch Hillary Clintons recent ethical violations catalogued so people can see she really thinks she is above the law. The USA is on the road to tyranny, thankfully we have Vladimir Putin to defend freedom.

The World Is Falling Apart And Nobody Has A Clue What To Do Some excellent analysis on the current state of the global economic and security situation. It is by Anatole Kaletsky an Russian born British resident who has worked in London and Washington and was published by a US online publication so there is a pretty wide world view on display.

Secret ECB Docs Warn Of More Financial Mayhem on the Horizon
A recent agreement between the European Central Bank (ECB) and the central banks of the Eurozone member nations raises the prospect of EU taxpayers being forced to pay for more bailouts, German newspaper Die Welt reports.

Trump's Crass Politics, Hillary Clinton's Litany Of Scandal
You think British and European political systems are FUBAR? Take a good long look at the mess this year's US Presidential; Election campaign is turning into as a loudmouthed megalomaniacal bully squares up to a spoied, rich bitch who thinks she is above the law and acts the part of Tyrant perfectly.

Assad Accuses Erdogan Of Putting Combat Troops In Syria


As we suspected, the US / Russian / EU brokered ceasefire in Syria is not going to stop Turkey's Recep Erdogan (wannabe Sultan of a new Ottoman Empire?) from pursuing his territorial ambitions in Syria. So long as Erdogan has Nanny NATO's apron to hide behind he will keep provoking Russia.?

Iran's Ayatollahs save SyriaPutin and Now That Russia's Putin and Iran's Ayatollahs Have Neutralised ISIS in Syria the focus of terror shifts to Turkey, the NATO members that, with the fuill knowledge of the USA ans European powers has been helping ISIS in its bid to overthrow the Assad regime.

French, Belgians, Dutch, Italians Follow Britain in Euroskepticism
Europeans want us British to lead them out of Europe. Don't be fooled by project fear, the European Union (aka the Euronazi Federal Superstate) is falling apart. There will not be chaos if we leave, there will be chaos if we stay.

RIP the British Steel Industry, murdered by The EU. Vote Leave
As the future of not just Port Talbot steelworks but british steelmaking hangs in the balance with Indian conglomerate Tata Industries deciding the fate, we reflect that (A) the latest disaster for manufacturing is the fault of the EU and (B) We've been here before with Tata, a steelworks and a carbon credits scam.

With Hillary Clinton’s Email Lies Unravelling, 147 FBI Agents Are On Her Heels
E-mail exchanges between Senior Coordinator for Security Infrastructure Donald Reid and the NSA show Clinton was intent on obtaining a secure BlackBerry that she could use in restricted areas. Although Clinton would of course be given a desktop computer on which she could safely conduct state business, Reid said the Secretary had become “addicted” to her BlackBerry during ...

US Provides Additional $20million in Response to Refugee Crisis in Europe
“The United States announces $20 million to support efforts by the United Nations High Commissioner for Refugees (UNHCR) and the International Federation of Red Cross/Red Crescent (IFRC) to provide increased protection, shelter, and lifesaving assistance throughout Europe, including in Greece, Western Turkey, and the Balkans,” the release said.

Treasure "Trove" Of ISIS Documents Detail Secret Oil Trade With Turkey
We detail the route by which ISIS transports illegal, undocumented crude to Turkey via Zakho-based smugglers and how that crude ends up at Ceyhan where tanker rates seem to mysteriously spike around ISIS-related oil events. All of this, we suggested, was done with the help of the Turkish government up to and including Erdogan's son Bilal who owns a shipping company

A Closer Look At No - Go Zones For Europeans In EU’s Notorious Migrant Districts
In the wake of the latest terror attacks in a European city, (Brussels this time) it seems everybody in the EU except for the politicians and senior bureaucrats whose ineptitude and arrogance caused this mess, is now aware of the scale of problems for European socities emanating from the Islamic enclaves that have been allowed to develop by authorities more interested in being politically correct that serving the people who pay them.

Failed Immigration Policy Threatens Press Freedom In Sweden
Stockholm: Beautiful, civilised Sweden being turned into a third world cesspit by idiotic socialist politics and barbaric immigrants ...

Brexit: Britain's future in or out of EU?
Should Britain leave the EU and or remain and surrender even more of our national sovereighty to the unelected bureaucrats in Brussels. The campaign to keep us in the EU, led by Prime Minister David Cameron, has become know as Project Fear, the Europhile having only scaremongering arument to back their case. At the moment, due to the immigrant crisis caused by the Shengen Zone open borders area and 'open doors' immigration policy,

Europe and the never ending immigration crisis
The tidal wave of immigration release on Europe due to American foreign policy of destabilising Muslim societies in Africa and the middle east and the complete failure of European political leaders and bureaucrats to deal with it adequately (or even to try and fail) has cause a crisis among the 28 member states of the European Union that threatens the existence of the Union

We Will Never Defeat Terrorists While Idiots Like This Are Allowed To Hold Public Office
Lets face it, the culture of politically correct thinking and white guilt thar prevails in the public sector is the biggest factor working in support of Jihadism and the globalist elite's push to destabilise civilised nations as a means of smoothing the way to creation of a global government. Here's what I mean:

Turkey has ‘serious questions’ to answer: Reactions to RT report on post-ISIS town in Syria The stream of accusations is growing against Ankara over illegal oil trade and support of Islamic State, with politicians and experts calling for Turkey to be held accountable for its actions after a new batch of evidence gathered by RT.

Europol leaks intelligence like a ‘colander’. UK’s more secure out of EU says former Head of MI6.

“Quitting EU would help our security”
In a striking intervention, Sir Richard Dearlove, former Head of MI6, has addressed thesecurity implications of Brexit, and concludes that our security would be not only unharmed, but actually strengthened, by leaving the EU.

Washington's Missile Defense Mentality Makes No Sense Against Jihadist Guerillas
The Brussels terror attacks should spell out so even the Washington hawks can understand, that Ameroica's policy of using nations like Poland and Ukraine to put a missile defence shield around Russia is not a defensive but an offensive course of action. Russia is not a threat to the west, Islamic extremism is a big threat. And Surface to air missiles are eff all use against jihadist guerillas.

SunEdison Plummets On Imminent Bankruptcy; Axiom Sees "The Beginning Of The End" And 85% More Downside Another item in the 'legacy' Barack Hussein Obama plannede to leave the world looks like going down the pan as a solar energy hedge fund he backed with $$$hugenumbers of taxpayers money prepares for bankruptcy.

French Legislator Proposes Alliance With Russia to Prevent More Attacks
After the terrorist bombings in Brussels yesterday Europe went into a kind of meltdown as various politicians competed to show who was the most clueless on how to deal with terror and Muslim extremism, which has been imported into the streets of European cities by the idiotic, politically correct, open doors immigration policy imposed on most member nations by the bureaucrats who run the EU.

Humanitarian Groups: EU-Turkey Refugee Plan Puts Women, Children in Prison Camps

Scepticism about the EU / Turkey deal existed among conservative and libertarian thinkers from the outset, now as it becomes clear how much the EU surrendered to Turkey and how Turkey has not intention of honouring the paltry pledges it made, the left are becoming sceptical as well.

EU-funded BBC documentary on Obama sparks allegations of anti-Brexit bias As this is the ultra left wing BBC we are talking about, this news blog would go so far as to say the documentary is a sign of the national broadcaster's anti British bias.

Bee Apocalypse: France Bans Bee Killing Pesticides
France is the first nation in Europe to act to ban the bee killing pesticides, neonicotinoids. While the EU's ruling bureaucracy has pressured member nations to go with the pesticides, and with glysophate (brand name Roundup) associated with Genetically modified food crops but recently named as a likely cancer causing agent in humans ...

This Exchange Proves The BBC, The Green Party and Friends Of The Earth Reject Free Speech
See independent climate expert Piers Corbyn treated appallingly by BBC Big Questions propaganda broadcast and shouted down by an audience packed with left wing activists.

Obama: US and Iran have major differences.
So what happened to Obama's great deal with Iran? Didn't the great peacemaker and joybringer proclaim not long ago that he had created peace and understanding between the USA and Iran? Perhaps the Iranians worked out that every country with which Obama claims he has created peace and understanding is the next to be blitzed by American bombs and drone strikes

If global warming is real, then why does the NOAA's own data show no warming for 58 years?
Suddenly ‘Global warming' is a seriously hot topic again; after a period in which many prominent scientists who not long ago would have been reluctant to point of the flawed science and fraudulent statistics behind the scam, for fear of having their careers and reputations trashed by 'The Science Inquisition', now almost every day there’s a new report claiming that humans are to blame for climate change

TTIP Set To Erode Democracy Further, Handing Veto On New Laws To Big Business
We do not yet fully understand what the 'deal' negotiated by David Cameron for revised terms of membership actually commit us to, but the general push by the bureaucratic dictatorship in Brussels to abolish the national sovereignty of member states and create a federal European Superstate is well known.

How Hillary Clinton Planned The Syrian Holocaust We bring you evidence that the destruction of Syria was planned by the USA and Israel long before the US engineered 'spontaneous uprising'known as The Arab Spring ...

Servergate: Clinton Emails reveal how Google tried to help Obama Administration defeat Syria’s Assad
The unhealthily close relationship bewteen Google and the US government has been known for a while, but despite having been caught in their incesteous coupling, the parent and child relationship seems to be getting more intense. The latest revelation from the Hillary Clinton emails shows how Google was involved in the bid to overthrow Assad in Syria

Denmark Gives Large Bonuses To Get Migrants To Work - How Is That Fair To Danes

A new Danish scheme to help immigrants integrate by paying employers to hire them for no jobs in which, having no skills and being unable to speak, read or write the language, they will get paid for doing nothing will only make the crisis worse rather than doing anything towards solving it.

Mac Slavo of SHTFplan.com Discovers Real Reason Why Trump Scares The Establishment
So if Trump is in fact as liberal as the corporate sock puppet Obama, what is it about him that has the ruling elite so scared the corporate owned mainstream media are resorting to desperate measures to discredit him while politicians plot increasing unfeasible ways to stop him becoming president.

Immigrant criminals and Swedish criminals are viewed differently in the eyes of Swedish law.
We ask why it is, in Sweden, that when a Swede kills two immigrants it is an act of terrorism that shames the nation, but when an African immigrant kills a Swedish mother and her young child, in the eyes of the government it is somehow the victim's fault? The big concern is that, given the desperation of our Conservtive and Labour party leaders to make us more European, such politically correct insanity will be inflicted in Britain next

Anti-Trump Fascists Plan "Democracy Spring"
Following their apparently delusional belief in the "success" of Tuesday night's violent protests, anti-Trump groups are plotting "Democracy Spring" threatening "drama in Washington" with the "largest civil disobedience action [in the USA] of the century."

Don’t Trust The Turks
As EU leaders meet the Turkish Sultan President Recep Tayyip Erdogan,prepared to offer him whatever he asks for, on top of the five billion Euros he has already trousered in return for Turkey’s empty promises of help in controlling the flow of criminals, rapists, people traffickers and jihadists refugees from all over the middle east, Asia,and Africa Syria ...

Corbyn's Politically Correct Hypocrites Hate Sexism But Approve Of Muslim Sexism
On encountering my insense dislike of the Labour Party, people asume I am a Conservative. WRONG! I have never supported The Conservatives and have never voted either Conservative or Labour in my life. Politicians should never be trusted, I but what sets Labour politicians and activists above the rest in terms of being worthy of only contempt is the hypocrisy.

Why Should Obama Be Given A Platform From Which To Lecture Britian
Although it seems Sidi Barack Hussein Obama, the wannabe God - Emperor of the world and President Of The Entire Universe and everything Else Besides is still planning to visit Britain in late April to tell us all of HIS vision for Britain's future as a province of the US State of Greater Germany with Europe, British voters are distincylt undwerwhelmed by the prospect

Propaganda War: US Officials Working to Keep Russia, Europe at Odds
Speaking to the US Senate Armed Services Committee this month, Breedlove said that " Russia and the Assad regime are deliberately weaponizing migration from Syria in an attempt to overwhelm European structures and break European resolve." These irrational remarks, and the mainstream media's ability to convey them with a straight face, are an indication of a broken system, experts suggest.

Gunmen Storm Ivory Coast Resort Hotel, At Least 11 Dead
Heavily armed gunmen opened fire Sunday at a hotel in the Ivory Coast beach resort of Grand-Bassam which is popular with Westerners, witnesses told AFP. The assailants, who were “heavily armed and wearing balaclavas, fired at guests at the L’Etoile du Sud (Southern Star), a large hotel which was full of expats in the current heatwave,” a witness told AFP.

Starting Pistol Fired In Race To Succeed Merkel
While the odds of Merkel being deposed by a putsch in her own party may seem slim, they have been improved vastly by her party’s monumental failure in German state elections on Sunday, with her migration policy as the rationale for huge numbers of voters abandoning the CDU for the anti - integration, anti - immigration AfD party.

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