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Reports of €10-12 billion losses (Anglo Irish Bank)

Thursday, 1 April, 2010 13:49
From William Finnerty Thu Apr 1 12:49:03 2010
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Date: Thu, 1 Apr 2010 12:49:03 +0000 (GMT)
From:
William Finnerty <newinngalway@yahoo.co.uk>  
Subject: Reports of €10-12 billion losses (Anglo Irish Bank)
To: President of the European Council Herman Van Rompuy <press.office@consilium.europa.eu>, EU Foreign Minister Baroness Ashton of Upholland <hlinfo@parliament.uk>, Prime Minister Gordon Brown MP <webmaster@pmo.gov.uk>, "Dr Anne Jeffers (Consultant Psychiatrist)" <info@hse.ie>, Prime Minister Brian Cowen TD <taoiseach@taoiseach.gov.ie>, "Chief Inspector Michael Winters (Omagh Police Station)" <omagh@psni.pnn.police.uk>, Minister for Justice Equality and Law Reform Dermot Ahern TD <Dermot.Ahern@oireachtas.ie>, Attorney General Paul Gallagher SC <info@ag.irlgov.ie>, Director of Public Prosecutions James Hamilton <dppwebmaster@indigo.ie>, "The Chief State Solicitor (Republic of Ireland)" <contact@csso.gov.ie>, "Guardian of Republic of Ireland Constitution (President Mary McAleese)" <webmaster@president.ie>, Peter Sutherland Chairman of Goldman Sachs International Bank Steering Committee Member of the Bilderberg Group and European Chairman of the Trilateral Commission <trilateral.europe@wanadoo.fr>, "Chief Justice John L. Murray" <SupremeCourt@courts.ie>, "Mary Hanafin (Minister for Social & Family Affairs)" <minister@welfare.ie>, "US President Barack Obama (Constitutional/Civil Rights Lawyer" <info@barackobama.com>, US Vice President Joe Biden <info@www.joebiden.com>, United States Secretary of State Hillary Clinton <questions@friendsofhillary.com>, Deputy Prime Minister Mary Coughlan TD <Mary.Coughlan@oireachtas.ie>, Health Minister Mary Harney TD <info@maryharney.ie>, "David Cameron MP (Leader of UK Opposition Party)" <camerond@parliament.uk>, G20 <g20@fazenda.gov.br>, The Whitehouse <president@whitehouse.gov>, Dr Elaine Byrne Lead Researcher for the Transparency International National Integrity System Country Study on Ireland <info@transparency.ie>, First Minister of Northern Ireland Peter Robinson MP <info@dup.org.uk>, Martin McGuinness Deputy First Minister of Northern Ireland <info@sinnfein.org>, Minister Dick Roche <Dick.Roche@Taoiseach.Gov.IE>, Jane Burgermeister <jmburgermeister@gmail.com>, Nick Hardwick Chair of the Independent Police Complaints Commission <nick.hardwick@ipcc.gsi.gov.uk>, Noel Treacy East Galway TD <noel.treacy@oireachtas.ie>
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"Germany's central bank - the Deutsche Bundesbank (German for German Federal Bank) - has admitted in writing that banks create credit out of thin air." 

The above excerpt has been copied from:
http://www.businessinsider.com/german-central-bank-says-credit-is-created-out-of-thin-air-2010-3

==================

€10-12 billion
by Worried Thu Apr 01, 2010 11:03

"This protest is to coincide with the likely announcement this week that Anglo (Irish Bank) has losses totalling €10-12 billion and will need another bail out."

WHERE is the €10-12 billion going to come from?

Will it be "created out of thin air" by one or other of the several privately owned "Central Banks" (as I understand is common practice for them to do apparently), which they will then "lend to us" at compound interest rates that the Central Banks in question can vary in a way which means our overall indebtedness to them is always growing; and, that every now and then we will have to go back to them again to borrow yet more money just "to keep our heads above the water", so that we are also always growing more dependant on them, and consequently ever more under their control as time goes by?

If so, I'm worried: very worried.

Suggestion for anybody unfamiliar with the amazing phenomenon of privately owned "Central Banks" creating money "out of thin air" (which is  fraudulent and seriously criminal  for everybody else as far as I know) -- simply "Google", or use the Internet search engine of your choice, the string of words just below ("copy and paste" style):

Privately owned central banks can create money out of thin air which they lend to governments at compound interest rates

==================

The above text has been copied from the following Indymedia (Ireland) location:
http://www.indymedia.ie/article/96199#comment266724

==================

"Give me control of a nation's money and I care not who makes the laws"

Lord Nathan Mayer Rothschild

==================

 The Global Cesspit of Corruption, Crime, Cover-Ups, Impunity, and Tyranny:

No effective remedy against the pernicious effects of impunity

==================

For future reference purposes a copy of the above text will later today be placed at the following Internet location:
http://www.humanrightsireland.com/HermanVanRompuy/1April2010/Email.htm

==================

Human Rights (Ireland):
http://www.humanrightsireland.com

==================

 

 

 

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