There are phrases in all languages I have a smattering of that mean something like 'when the scales fall from your eyes'. I see Cyprus has wheeled three judges out of retirement to 'investigate' the collapse - sounds like the prelude to a cover-up. I and some similar old duffer once colleagues think these matters would be best left to cops working without hindrance under existing criminal law. This s quite interesting - http://rowans-blog.blogspot.co.uk/ - he's in Manchester next week and I may go along.
On Mar 28, 3:56 pm, nominal9 <[email protected]> wrote: > By the way, Archytas.... I think you've been following this story... here's > an update, in case you missed > it...http://www.nytimes.com/2013/03/29/nyregion/search-warrants-reveal-ite... > I have no respect at all for any of the "state officials" in this area.... > I can honestly say that in my felt opinion the problem largely a matter of > social status and connections... People of relative social "import" who are > NEVER placed under the normal scrutiny of any authority... for reasons of > wealth, position, reputation, nepotism, cronyism, etc.....has very much to > do with it. As for the young fellow's psychological problems, they were > "likely" compounded by, rather than ameliorated by, the family's > standing....Blame the parents?... not really, but blame their "class > hierarchy" self-regard above the welfare of their own son.... I can see > that.... > And it is that same "class hierarchy" self- regard the the "state > officials" here in Cunt-Etiquette (the Constipation State) have first and > foremost on their minds....along with on the minds of the rest of the > "upper crust"... sadly probably including the relatives of the victims.... > People don't like it when I say things like this.... but it needs > saying....so I mollify it a bit ("probably")... > > > > > > > > On Wednesday, March 27, 2013 5:39:29 PM UTC-4, archytas wrote: > > > I don't think we've heard the end of the Cyprus thingy. I expect the > > following in the next few months: > > 1. The amount of money in the Cyprus banks will turn out les than > > expected > > 2. A long list of worthies, including Lev, my mate in the Russian > > mafia, will have moved their funds out either long before or just > > after the public announcement of bail-in > > 3. A whole load of dodgy securitised packages of Greek dead donkeys > > and bags of rocking horse droppings will be found in Laiki as though > > someone already knew it was a bad bank as far back as 2009 > > 4, A lot of very ordinary people will see their life savings evaporate > > 5. The price of my horse's head futures will rise as my prediction on > > the market demands for complex messaging structures come in > > 6. Banks in Spain, Italy and France will start emitting Hawking > > radiation - Bankia in Spain has just been bailed out for more than > > Cyprus and is still so worthless they are packaging up the shares in > > bundles so they meet the one cent minimum quote under Spanish Law. > > > Back in Blighty we are told by the BoE that our banks need £25 billion > > to meet capital requirements after they take coming hits of £50 > > billion. Severe under-calculation here - most bank assets across the > > globe are based on an equity and property market held up by QE and > > other dodges - a conservative estimate of leverage is 25 : 1 - and > > they've been lying about everything else - so roughly a 4% drop in the > > real assets could start wiping people out in margin calls Cyprus just > > might be something good - the beginning of a strategy to go after very > > large amounts of ill-gotten loot from Singapore to Switzerland - maybe > > starting in Luxembourg (where financial 'assets' to GDP is 21 : 1 - it > > was only 10 : 1 in Cyprus). If I was doing the enquiry, I'd have > > 'systems in place' (men ashore) so no one could wire money out of > > these places without my being able to track it and seize it I guess > > $20 to $30 billion might be sequestratable - the means might have to > > be very devious. > > > It's hard to know what the numbers in this farce mean. I think a fair > > example is the £25 billion 'need for capital' in UK banks. The UK > > financial sector employs 4% of Brits but receives 40% of all bonuses > > paid in the UK. About £60 billion have been paid out in the last 5 > > years - so if they had been cut in half UK banks wouldn't need more > > capital. You can see this thieving through obscene payments is a big > > part of the problem. The other big element is legal Ponzi - the banks > > have been able to buy investments with the criminal and tax avoiding > > cash in ways that bloated property and other asset prices - this in > > turn was recorded as profit on which they paid out the interest to > > investors - but now these assets are falling or supported by QE etc. > > They have been setting up other Ponzis (usually exchange traded funds) > > that monopolize commodities like copper and food and are trying to > > collapse countries to buy up toll booths (ports, airports, public > > services). They can't just bury this hot money in the ground as very > > large men want interest from it. My guess is the financialisation > > market has already swollen to maximum possible size. Some of the > > banksters may now be between a rock and a hard place and about to turn > > Queen's Evidence (grass up for reduced sentences, changed > > identities). A fw good cops could take down the $20 trillion plus > > scam. > > > On 25 Mar, 16:34, nominal9 <[email protected]> wrote: > > > Well... it appears to have been decided..... the EU "sheriff" came to > > > town,,,, and cleaned up......HAR > > > >http://www.guardian.co.uk/world/2013/mar/25/cyprus-bailout-deal-eu-cl... > > > > On Sunday, March 24, 2013 4:32:15 AM UTC-4, archytas wrote: > > > > > Plenty of hoHAR on Cyprus Nom and little evidence as far as I can > > > > see. The cover story is Russian mafia, banks pumping money into high > > > > yield Greko-Zimbabwean rocking horse dropping futures (who would buy > > > > them - especially with Russian mafia money?) and hence big hole in > > > > bank balance sheets when the fictitious assets turn out to be - er - > > > > fictional. At least three major EU banks are involved to my > > > > knowledge. I suspect the Cyprus banks were made into a dead donkey > > > > graveyard by them. On the other side Cyprus government spending and > > > > debt is low against the EU average (80 odd v 93%). What sort of > > > > excuse is it that they invested unwisely in Greek bonds? You and I > > > > knew this was a piss poor certain loser even in a three-legged donkey > > > > race. It's the sort of bet we might have made with other people's > > > > money along with very large sacks of cash and new passports for us > > > > truly along with plane tickets out on the day we posted such. > > > > There must be trillions in rocking horse droppings around the world > > > > being dumped into unwitting banks - no one with half a brain would > > > > touch same - so it must be packaged like the AAA rated sub-primed > > > > securitised dead donkey futures of the past. So who has been doing > > > > the packaging? The old form favourites are the rating agencies and > > > > the likes of Godforsaken Sachs, HongBong Shanghai Clusterfuck, > > > > Narcoleys and Deutsche Jackboot - though maybe the Russian mafia > > > > deposited some sacks of the rocking horse droppings themselves via > > > > offers not to be refused, insisting on cash at notional value? > > > > > My suggestion to Cyprus is to default, re-establish the pound and give > > > > their cops carte-blanche for a criminal investigation. We have almost > > > > no facts about this despite and probably because of the media fenzy. > > > > The thing about rocking horse droppings (apart from not being caught > > > > with one when the music stops) is that we can trace the origins. > > > > Evidence from a criminal enquiry could show us points of origination > > > > and lead to claims on the real assets of those who have profited from > > > > selling them. These could be used to pay down private household and > > > > some company and pension debt. hoHAR (patent pending)! I suspect > > > > the villains who really pulled off the scam that might have tempted us > > > > are now in Northern Cyprus or Londonistan - somewhere bags of cash get > > > > you good treatment. > > > > > On Mar 19, 8:27 pm, nominal9 <[email protected]> wrote: > > > > > more eurozone bank news..... > > >http://www.reuters.com/article/2013/03/19/us-eu-bankingunion-idUSBRE9... > > > > > > By John O'Donnell and Claire Davenport > > > > > > BRUSSELS | Tue Mar 19, 2013 2:53pm EDT > > > > > > (Reuters) - The European Union agreed on Tuesday to let the ECB > > police > > > > euro > > > > > zone <http://www.reuters.com/subjects/euro-zone> banks, taking its > > > > first > > > > > step towards a banking union just as a levy imposed on Cypriot > > savers > > > > > showed that the bloc will struggle to respond in a united way to > > bank > > > > > problems. > > > > > > The European Parliament and member states' representatives sealed an > > > > accord > > > > > reached late last year to give the European Central Bank (ECB) > > powers to > > > > > supervise euro zone banks from the middle of next year. > > > > > > That agreement had initially been applauded as a step towards > > > > integration. > > > > > But the surprise levy on Cypriot bank deposits agreed as part of the > > > > > country's bailout deal at the weekend has dented confidence that > > Europe > > > > > will be united in tackling bank problems rather than leaving > > countries > > > > to > > > > > struggle alone. > > > > > > "The deeply distressing problems faced by Cyprus show how > > insufficient > > > > this > > > > > step is in itself," said Martin Schulz, the German president of the > > > > > European Parliament, calling for an EU-wide scheme to close failing > > > > banks > > > > > and guarantee deposits. > > > > > > Under the deal, banks that have assets of 30 billion euros or more > > than > > > > > one-fifth of their country's economic output will be overseen by the > > ECB > > > > > rather than national supervisors. > > > > > > The ECB will also be allowed to intervene if it sees problems in > > smaller > > > > > banks as well, giving it the clout to trigger the closure of > > ... > > read more » -- You received this message because you are subscribed to the Google Groups "Epistemology" group. 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