Bank error makes restaurant manager the world's first ever trillionaire (and he even offered to pay off the national debt before the glitch was spotted) Most people on finding out that they've become rich beyond their wildest dreams would immediately splash out on a selfish purchase - a yacht, a mansion, maybe even a private island. But when Reggie Theus discovered he had become a trillionaire ...Read more ›
On the day Bennie Coleman lost his house,Â the day armed U.S. marshals came to his door and ordered him off the property, he slumped in a folding chair across the street and watched the vestiges of his 76 years hauled to the curb. Movers carted out his easy chair, his clothes, his television. Next came the things that were closest to his heart: his Marine Corps medals and photographs of his dead wife, ...Read more ›
New investigation sheds light on clique of powerbrokers, including Prescott Bush, who sought to overthrow U.S. government and implement Hitlerian policies Paul Joseph Watson Prison Planet Tuesday, July 24, 2007 A BBC Radio 4 investigation sheds new light on a major subject that has received little historical attention, the conspiracy on behalf of a group of influential powerbrokers, led by Prescott B ...Read more ›
The mesmerizing mass media have conditioned public opinion. Are we all victims of mass-level trauma-based mind control? The media brainwashed the public into believing lies about the JFK assassination. Thereâ€™s no other way to put it. Without the power of the TV and aid of mass psychology to frame events, the establishment never could have passed off such a stinker via the Warren Commission and the resulting ...Read more ›
For the past few years, the Federal Reserve has been preparing to introduce a redesigned hundred-dollar bill into circulation. It will have a Liberty Bell that changes color, a new hidden message on Ben Franklin’s collar, and tiny 3-D images that move when you tilt the bill this way or that. But delay has followed [...]
The post FEDS MISPRINT $3,000,000,000 in WORTHLESS FEDERAL RESERVE NOTES, Taypayers Foot Bill To Replace appeared first on ALT DRUDGE.... Read more ›
The REAL LIFE EYES WIDE SHUT: 20 LEAKED PHOTOS From A Bizarre Party At By The ROTHSCHILDS At One Of Their MANSIONS [PHOTOS]
(Thomas Dishaw) Â On December 12 1972 Marie-HĂ©lĂ¨ne Rothschild threw a lavish illuminati ball at the Â FerriĂ©res.Â Â Social elites from every walk of life received a invitation written backwards that had to be deciphered by holding it to a mirror. The ball was such a big dealÂ that one social figure threatened to commit suicide unless she was invited. Marie-HĂ©lĂ¨ne is seen below wearing the head of a beast, weepin ...Read more ›
British Gov Admits ENGLAND’S FOREIGN AID CASH Went To … Al QAEDA ——-> We Know Freedom Isn’t Free … Apparently Neither Is TERRORISM
Britain's foreign aid has fallen into hands of al-Qaeda, DfiD admits Almost half a million pounds of British taxpayer-funded aid and equipment has fallen into the hands of al-Qaeda, the Department for International Development has admitted. The terror groupâ€™s Somali franchise, al-Shabaab, â€śconfiscatedâ€ť the equipment from DfID contractors in multiple incidents over at least three months before any action was ...Read more ›
Yesterday, the ReThink911 campaign reached its fundraising goal of $225,000. Intellihub.com August 9, 2013 The following notice wasÂ posted to Rethink 9/11Â by founder Richard Gage: Yesterday, the ReThink911 campaign reached its fundraising goal of $225,000. Thanks toÂ you, eleven cities and countless millions throughout the world will come to learn about the freefall destruction of World Trade Center Building ...Read more ›
In an open letter to the public in late July, several retired Border Patrol agents wrote on behalf of the National Association of Former Border Patrol Officers to warn that Mexican drug cartels are actively operating inside the United States spending millions every year to try to build their networks here. They argued that American politicians are protecting their activities as well. â€śTransnational criminal ...Read more ›
The US Air Force recently airlifted nearly 24 tons of cocaine from Costa Rica to Miami, the cocaine capital of the world, in a program described as being â€śshrouded in secrecyâ€ť. Image: Wikimedia Commons According to the Costa Rica Star, a Boeing C-17 Globemaster III out of Dover Air Force Base landed at the Daniel Oduber Quiros International Airport (LIR) on Saturday July 27, loaded almost 24 tons of cocaine ...Read more ›
The country which over the past decade is most synonymous with "financial innovation" of the less than desirable kind, such as hyperinflation, complete currency and economic collapse and wholesale property confiscation, has just taken financial central-planning brilliance to the next level and following dictator Robert Mugabe's "reelection" has announced plans to open a new and "racially exclusive" stock exchange, allowing blacks alone to trade. And not trade just anything, but shares of recently nationalized foreign companies, most of which are South African-owned miners. Or rather were, because following the most recent nationalization round, Zimbabwe would take a 51% stake in all major foreign-owned companies valued at over $7 billion. No compensation will be paid.
The plan to grab mining companies, most of which are South African-owned, follows President Robert Mugabe's landslide re-election last week.
Saviour Kasukawere, the 'indigenisation' minister, said on Tuesday that the government or black Zimbabweans would take 51 per cent of the shares in all major foreign-owned companies, valued at about £4.8 billion. No compensation will be paid.
The regime wants to control mining companies and in particular Zimplats, a major platinum producer which is largely owned by South Africa's Impala Platinum Holdings.
Zimbabwe was kind enough to give foreign companies a choice: hand over 51%, or lose everything.
Mr Kasukawere said that mining companies which do not "cede" 51 per cent of their shares to black Zimbabweans or the state would risk losing their operating licenses. He said the value of the natural resources or underground metals extracted by the companies were sufficient to pay for majority shareholdings. "When it comes to natural resources, Zimbabwe will not pay for her resources," said Mr Kasukuwere in an interview with Bloomberg, a news agency.
And while banana republic nationalizing mines is nothing new and is a big reason for the horrendous performance of the mining complex over the past several years, the fact that Zimbabwe has some of the best-named propaganda actors is worth the price of admission alone.
Psychology Maziwisa, spokesman for the ruling Zanu-PF party, confirmed that Mr Kasukawere's remarks were official policy. "All of this is correct. Its what we told voters we will do," he said.
Obviously, people are stunned by the absolute idiocy developing in Zimbabwe:
John Robertson, an independent economist in Harare, said: "There is no logic in that plan. He is in danger of introducing economic apartheid which is absurd."
Mr Robertson added: "I think this is only politicking and there is no substance to this."
Just wait. Because if anyone is hoping that Zimbabwe's preexisting international agreements...
South Africa has a bilateral trade and protection agreement with Zimbabwe. If the regime presses ahead and seizes a controlling stake in South African mining companies, they could use these agreements to secure compensation or the return of assets via international courts.
Whether Mr Mugabe's regime would respect any such rulings is another question.
Mr Mugabe seized almost all of Zimbabwe's white-owned farms, often in defiance of court orders, and without compensation.
... will do much to hinder the actions of an absolutely insane populist lunatic dictator, we urge them to exhale.
Finally, and speaking of populism, the good thing about the US is that there is little risk of it following in Zimbabwe's footsteps, at least in this regard: after all HFT algos are neither black nor white, so attempting to impose racist qualification on a bunch of vacuum tubes will fail miserably if and when Mugabe's plan crosses the Atlantic.
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Federal Reserve Policy Mainly Benefits Big Foreign Banks Weâ€™ve extensively documented that the Federal Reserve is intentionally locking up bank money so that it is not loaned out to Main Street. Specifically â€“ due to Fed policy â€“ 81.5% of all money created by quantitative easing is sitting there gathering dust in the form of â€śexcess reservesâ€ť â€¦ instead of being loaned out to help Main Street or the American ...Read more ›