Silvio’s Gamble

Michael Colhaze

“I’m a man of honour, a truthful person, a gentleman of absolute morality.” (Silvio Berlusconi, quoted in 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 prosecutor 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, be it Rupert Murdoch’s sewer publications, the old trollop BBC, or highfalutin Zionist blather blogs like openDemocracy (sic), are trying to convince us that Italy was run until recently by a bungling and utterly 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 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 miserable 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 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, 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 Greider wrote in The Nation on February 15th:

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 popular 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 highway between Bologna and Florence you can use only the left lane, because the right 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 first meekly agreed on but then downright refused. And not only that, he even went so far as to offer his resignation 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 and some of the leftist opposition are on the payroll of George Soros’ 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 of the Neo-Fascists.

Bonino, Fischer, Leonard and Soros

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 bag-full 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 deteriorates every day, what will be more logical than calling elections 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 buddies 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 very close friend, the hated and much-vilified former and future Russian prime minister Vladimir Putin. Which could, as we sincerely hope, be the beginning of a truly European front against the powers that are bent on its total subjugation.

Smooth, isn’t it?

Smooth, isn’t it?

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 James Paul Warburg  (son of Paul Moritz, Founder of The Council on Foreign Relations, Architect of the Federal 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 declaration 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 and so to divest the Big Five and all who sail in them of at least some of their horrendous power and influence isn’t therefore a sovereign felony, but an admissible act of self-defence. If implemented, it will be the beginning of the end.

First and foremost for that sick homunculus called the European Union. 

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