AIG – praag.org

ANCYL calls off Hofmeyr protest

Following a dubious campaign to brand Steve Hofmeyr as a “racist” and prohibiting him from performing at the Afrikaans is Groot music concert at the Ned Geref Kerk in Moreleta Park, his enemies have retreated.

The ANC Youth League Greater Tshwane region has postponed its planned action after the city turned down its application to stage a protest at the venue, as the application was not submitted within the prescribed seven working days.

The youth league had called on Afrikaners to reject and isolate the popular musician, saying he was spreading “racism”.

Hofmeyr has been in the spotlight following a tweet that reminded some of a shared racial past: “Sorry to offend but in my books blacks were the architects of apartheid. Go figure.” The popular singer was then accused of being “racist” for stating the obvious.

Almost 60% of blacks voted for homelands during apartheid, before the ANC launched a terror campaign funded from Sweden and Britain to overthrow the government and marginalise whites.

Ironically there are currently two homeland leaders in the regime’s parliament representing homeland constituencies, but it seems that some would rather not have such matters out in the open, hence the attacks on Hofmeyr.

The youth league’s branch spokesperson Justin de Swardt, the only white member, meanwhile branded all Afrikaners as “racists”.

He said it would have been counter-productive to nation-building if there was a physical confrontation between ANC members and the “racists”, a synonym for Afrikaners, if the protest action was held unlawfully.

De Swardt continued his ignorant and malicious verbal attacks against Hofmeyr: “It is extremely abnormal for a public figure to be making statements such as those in the democratic era,” he said. “To say blacks were the architects of apartheid is not only ignorant but highly insensitive.”

Hofmeyr is performing at the concert series which ends this weekend before moving to Cape Town.

After the youth league signalled its intention to protest, the Rubenstein Group – residents of nearby Rubenstein Avenue – indicated it would challenge the matter in court should the application be approved.

The black youth league planned to molest 7 000 white people at the concert venue, to stop the “racists”, a sure formula for disaster.

Afrikaans is Groot spokesman Barnard Beukman welcomed the situation where patrons could attend the gigs in a relaxed atmosphere.

G77 want out of the banking cabal

Just a few weeks ago, 132 nations decided they’ve had enough of the banking cabal.

The Federal Reserve Bank of New York, is the center of a secret global economy that has bailed out American International Group Inc., huge insurance companies like AIG, Goldman Sachs Group Inc., Merrill Lynch & Co., J.P. Morgan,Societe Generale and Deutsche Bank AG, among others.

The cabal’s control over international markets is becoming less of a mystery as increasing numbers of markets reveal themselves so obviously to be fixed, say the disgruntled nations.

One of the largest coalitions of developing nations in history has urged Secretary-General of the United Nations Ban Ki-moon, to provide, “as soon as possible…alternative options for banking services” for 132 countries, including China.

This comes on the heels of a mass cancellation of bank accounts in U.N. missions and those of foreign US diplomats. The G77 urges the secretary-general to review the “U.N. Secretariat’s financial relations with the JP Morgan Chase Bank and consider alternatives to such financial institutions and to report thereon, along with the information requested.”

JP Morgan is the left arm of the cabal, along with other ‘big banks’ are now the benefactors of billions in tax money.

Banks like these helped crash economies, and they are trying to do the same now, so that they can profit from it.

The problem for countries around the world is simple: Chase bank currently handles billions in accounts maintained by the United Nations and its agencies, in guess where – NYC.

The countries express a ‘deep concern’ over the decisions made by several other banking institutions, known puppets for the cabal, including JP Morgan Chase, in closing bank accounts for mostly developing countries. The resolution proposed, still subject to amendments cites a 1947 agreement between the US and UN, which:

“. . .guarantees the rights, obligations and the fulfillment of responsibilities by member states towards the United Nations, under the United Nations Charter and international law.”

It also points out the 1961 Vienna Convention on Diplomatic Relations as a regulatory framework for states and international organizations, specifcically the working relationship between the United Nations and the City of New York.

The countries have put forth the G77 as a means to utilize, “all necessary measures to ensure permanent missions accredited to the United Nations and their staff are granted equal, fair and non-discriminatory treatment by the banking system.”

At secret meetings around the G77 last month, representative after representative from these countries severely criticized the American banking system from cutting off banking services from the diplomatic community, specifically directing their outrage at JP Morgan Chase (formerly Chemical bank).

The accounts were closed when a request from the US treasury asked banks to report every single transaction of 70 ‘blacklisted’ diplomats as part of a monitoring system, just a new way that bankers are spying on all of us. Aside from a network of cameras, run buy the NSA, and a program with a codename of ‘Dishfire’ they also now indulge in practices which make you no different than America’s ‘enemies,’ or diplomats of emerging economies thinking about abandoning the petro-dollar.

nationofchange.org

Fed chairman to testify about bailout to foreign entities

A judge has ordered Ben Bernanke, the Federal Reserve chairman, to testify about the bailout of AIG in a case where the government is accused of illegally appropriating the insurer and using it “to covertly funnel billions of dollars to foreign entities”.

Government lawyers had argued Mr Bernanke was too senior and the facts had been raked over too often for his appearance to be necessary.

Judge Thomas Wheeler disagreed. Compelling Mr Bernanke to travel to a Washington law firm to answer questions about the government bailout, he wrote on Monday that the “court cannot fathom having to decide this multibillion-dollar claim without the testimony”.

The claim comes from Hank Greenberg, the former chief executive of AIG, who says he and other shareholders were unfairly diluted when the Federal Reserve Bank of New York took an 80 per cent equity stake in return for $182bn in emergency funding. He is suing the government for compensation.

Judge Wheeler said there were “extraordinary circumstances”, a test of whether senior officials had to give evidence in lawsuits.

In his decision, he wrote: “Mr Bernanke was a central figure in the government’s 2008 determination of how it should handle AIG’s fiscal difficulties. To rule otherwise would deprive the court of important relevant evidence in its fact-finding and resolution of this case.”

The insurer came close to collapse in September 2008 as Lehman Brothers filed for bankruptcy. AIG had written credit default swaps, an insurance against default by subprime mortgage-backed securities, which fell in value as the crisis deepened.

The US provided AIG with more than $182bn in taxpayer funds to stave off collapse in return for a majority stake. In its complaint, Starr International, Mr Greenberg’s vehicle, said the US did so against the wishes of AIG shareholders “without due process or just compensation”. – FT