Michael Colhaze In German
I'm a man of honour, a truthful person, a gentleman of absolute morality.
La Repubblica, July 13, 2003
The above statement must be taken with a grain of salt, of course. You don’t become a
billionaire and owner of a vast media empire by trying to be everyone’s sweetheart. Yet
it doesn’t mean that all was acquired criminally, perhaps even with the help of the
Mafia, as the impotent, incompetent, mendacious Italian Left tries to convince the
world. Who, by the way, uses itself criminal means to achieve political ends, like
spreading lies and mounting false flag operations utilized by corrupt Commie
prosecutors to cripple the one man who may have the guts and intelligence to steer Italy
through the approaching tempest.
What is more, it might be perfectly possible that the same man, and one who has
achieved so much, doesn’t aim anymore for ever more riches like our own dangerously
demented banksters and billionaires, but tries indeed to win the love and respect of his
people and thus secure himself a decent place in history.
That’s at least what he says himself, and I for one believe him.
It is therefore of interest why Western political leaders and their puppet masters despise
him so profoundly and use their own massive media outlets to ridicule and vilify him
whenever possible. The entire and utterly repulsive lot, from THE TIMES to the NEW
YORK TIMES, from BBC to CNN, are trying to convince us that Italy was run until
recently by a bungling and completely amoral sex maniac.
The reason is obvious. It is also fascinating, even contains a grain of hope. Because
here is one man who personally owns all the money and media influence necessary to
reach a high political position. He doesn’t have to go hat in hand to AIPAC and its
European counterparts, and thus sell himself and his people down the drain. He can, at
least to a degree, speak his mind. And, most important, he doesn’t need to get involved
in alien adventures that are terribly expensive, counterproductive and highly harmful
for his country.
It also permits him to flash on occasion his admittedly ribald sense of humour. Like
calling the newly elected US President young, beautiful (bello) and nicely suntanned.
And thereby expressing the consternation felt by all those who wondered what on earth
was happening in America. Most likely he knew already by then where matters were
leading to, or what kind of windbag George Soros and his assorted chums had launched
with so much false fanfare.
Just think of Mr. Obama’s election promise, namely to reduce the national deficit by
half. Because in 2009, as he observed so rightly and heroically, one out of ten dollars
of taxpayers money went to the banks in interest payments alone, a gigantic sum that
should be better spent on hospitals, education and the like. Yet what happened is of
course the exact opposite. In 2008 the deficit had reached 458 billion dollars. Today it
has almost tripled, namely to a staggering 1.3 trillion dollars. At the time of President
Obama’s inauguration the national debt hovered around 10.3 trillion dollars, now it
amounts to 16.4 trillion.
Servicing the Wall Street usurers must therefore soon result in drastic budget cuts that
will affect every section of public life. How this will appear in detail can be seen in
Greece. Already one of Europe’s poorest countries, are the present measures to tighten
the belt excruciatingly felt throughout the lower and middle classes. A large part of the
130 billion Euro rescue package, meant to avoid the country’s looming bankruptcy
and squeezed mostly out of the criminally lethargic Germans by Zion’s foremost
European satrap, Frau Merkel, will never reach Hellas’ shores, but end up in the
pockets of the Wall Street banksters and their European counterparts. Which is one of
the reasons why the angry Greeks are hurling firebombs at their own deputies,
particularly those who told them that the crippling measures are of paramount
importance while brazenly intimating that a national insolvency would be Greece’s
utter ruin and devastation.
Yet so far nobody has said exactly how that might come to pass. Will Obama send the
NIMITZ aircraft carrier into the Gulf of Corinth and sequester the annual goat cheese
production? The poor goats as well? Will a platoon of Marines raid the Archaeological
Museum of Olympia and seize Praxiteles’ Hermes and the Infant Dionysus?
Not very likely. Because a national bankruptcy is a far cry from a personal one.
As we have seen in tiny Iceland. There a bunch of international hoodlums, including
Iceland’s then First Lady who, believe it or not, is an Israeli citizen, milked the country’
s three foremost banks out of billions of Euros in unsecured loans. Which were never
paid back and probably slumber by now in the vaults of Tel Aviv’s Bank Hapoalim or
are parked in the fiscal brothels of the Dutch Antilles. When the Icelandic banks finally
collapsed, the duped parties insisted that the government accept responsibility for the
incurred liabilities, a demand that would have obliged every citizen to repay 100 Euros
per month during the next fifteen years. And this simply for debts incurred by private
persons or entities and their mutual manipulations.
As we know very well, the enraged Icelanders hoisted a collective middle finger,
organized a referendum and refused to pay so much as a rusty dime. And that was that!
Nothing happened. No one made a fuss, no one put on the squeeze, no one said a peep.
Because there wasn’t a lever. The Icelandic economy meanwhile has recovered,
matters are back to normal, and people live as decently as before. What is more, the
whole episode has completely and totally dropped out of the mainstream media.
Because in the gilded corridors of the Wall Street hoodlums a hideous ghoul is making
the round, namely the fear that the Icelandic bug could be contagious.
In an article titled “Still No End to Too Big to Fail” William Greide wrote in THE
NATION on February 15th, 2012:
Financial market cynics have assumed all along that Dodd-Frank did not end too big
to fail but instead created a charmed circle of protected banks labeled systemically
important that will not be allowed to fail, no matter how badly they behave. That may
be, but there is one bit of bad behavior that Uncle Sam himself does not have the
funds to underwrite: the $32 trillion market in credit default swaps (CDS). Thirty-two
trillion dollars is more than twice the U.S. GDP and more than twice the national
debt. CDS are a form of derivative taken out by investors as insurance against
default. According to the Comptroller of the Currency, nearly 95% of the banking
industry's total exposure to derivatives contracts is held by the nation's five largest
banks: JPMorgan Chase, Citigroup, Bank of America, HSBC, and Goldman Sachs.
The CDS market is unregulated, and there is no requirement that the "insurer"
actually have the funds to pay up. CDS are more like bets, and a massive loss at the
casino could bring the house down. The Houses of Morgan, Goldman and the other
Big Five are justifiably worried right now, because an "event of default" declared on
European sovereign debt could jeopardize their $32 trillion derivatives scheme.
And worried they should be. Because however frantically their satraps try to stem the
tide, it is a fair bet that the Greeks do the same as the Icelanders have done. Which
probably means that a populist tribune will seize the opportunity and ride on the default
ticket, most likely as soon as the next elections are on hand. And win. It will be,
needless to say, only the beginning of a domino effect that sooner or later must topple
Italy, Spain, Portugal and Ireland as well.
Whereby topple might be the wrong term. The economic repercussions are of course
difficult to foretell, but they are certainly not as lethal as we are asked to believe. The
exact opposite might be even the case. This is at least what I thought while recently
travelling in Italy. On the narrow highway between Bologna and Florence you can use
only the left lane, because the right one is clogged with roaring and stinking lorries, one
after the other, twenty four hours a day, and all carrying goods into both directions. It is
a spooky picture, and apart from asking yourself if mankind has indeed finally gone
over the top, you can’t but think that the Italian economy must be definitely
overheated. Thus some kind of controlled catharsis might even be helpful, particularly
if it rids the country in one big sweep of its foreign debts.
This brings us back to Silvio Berlusconi and the intriguing stunt he seems to have pulled
off recently. Spurred mainly by that repugnant German martinet and her tiny French
sidekick, the European commission demanded that Italy stick to the rules and introduce
austerity measures. Which he agreed to enforce but in fact refused. And not only that,
he even went so far as to offer his demission as prime minister in case the motion would
find a majority in parliament.
Which it would, as he knew perfectly well. This because some of his uneasy bedfellows
or the leftist opposition are on the payroll of George Soros’ European Council on
Foreign Relations, like the ex-Commie and atheist Massimo d’Alema of the DS, or the
abortionist and scarecrow Emma Bonino of the Radicals, or poker-faced Gianfranco
Fini formerly of the much sweetened down Neo-Fascists.
Well, we know what happened. Mr. Berlusconi had to tend in his resignation and was
booed and vilified by a large crowd of uncouth claqueurs when he left the Quirinale for
good. The so-called free press of the world rejoiced and gloatingly informed its duped
and gullible readers for a hilarious last time about the cavaliere’s many gaffes and
What nobody mentioned was the interesting fact that he had dropped a boiling hot
potato, namely the austerity measures, into the lap of his successor, a faceless caretaker
premier with strong banking connections. And who in turn is now trying to tame a
parliament that is about as easy to handle as a bagfull of fleas.
The next scenario will most likely look like this. As soon as the measures are felt, and
they will be felt rather painfully, the Italians are going to storm the Bastille. It won’t
happen overnight, but fairly fast. And while the tumult is deepening and the situation
gets more volatile every day, what will be more logical than calling elec-tions and
endowing the man who has run Italy for sixteen years with a new mandate, particularly
since he was the only one who refused to implement the measures? And who will
continue to do so by showing the Big Five and all the world’s media skunks what he
shows on the photo above? His Freedom Party is already the strongest in Italy and may
well win the absolute majority. As to the exact modus vivendi, he will of course wring
his hands in despair and promise everything under the sun to his esteemed debtors, yet
what can he do if some disloyal bastards, most likely from his own party, have called a
referendum? This is after all a democracy, one like those the glorious US president and
his Neocon chums try to push down the throat of anyone who doesn’t suit them. Thus if
the rabble speaketh, it has spoke! And basta! He will spread his hands like Pilate might
have done, and reintroduce the Italian Lira.
What fits into this scenario is his recent tête-à-tête with a close friend, the hated and
much vilified former and future Russian president Vladimir Putin. Which could be, as
we sincerely hope, the beginning of a truly European front against the powers that are
bent on its total subjugation.
Smooth, isn’t it?
It must be mentioned that the debt which he might unilaterally waive is a real one.
Contrary to the Icelanders who never saw a penny, the PIGS (Portugal, Italy, Greece
and Spain), which includes of course Berlusconi’s participation, have lavishly spent
what has been offered to them with such absolute ease by the Big Five. Whereby with
ease I don’t mean of course the great and compassionate heart of Goldman Sachs et al,
but their attempt to promote an agenda that aims at no less but to ensnare the free and
honest people of the world, you and me included.
We shall have a world government, whether we like it or not. The
only question is if it will be archived by conquest or consent.
Thus spoke one James Paul Warburg (Son of Moritz Paul Warburg, Founder of the
notorious Council on Foreign Relations, Architect of the Federal (sic) Reserve System
and Banking Shark supreme) some sixty years ago.
Well, perhaps we shan’t.
Perhaps that wasn’t the idea when the Good Lord created us and gave us a particular
and immensely precious gift called the Freedom of Choice. As to the attempt as such, it
is clearly an open decalration of war on every decent human being. Particularly if we
remember that the above envisioned world government will continue to worship Wall
Street’s present deity, a cruel and repulsive idol called the Golden Calf, and force a
society of slaves to do the same.
To default out of sheer necessity and so to push the Big Five and all who sail in them
with their noses into the dirt, isn’t therefore a sovereign felony, but an admissible act of
If implemented, it will be the beginning of the end. First and foremost for that sick
homunculus called the European Union.
Published in TOO on March 27, 2012