CAUTION! EURO BILLS (Y) SOON WORTHLESS!
„ It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.“
Henry Ford (1863 – 1947)
We have been living with the Euro since January 1st of 2002, but only very few have ever thought about the true meaning of those letters and numbers on the bills.
On the example of Greece it is plain to see that the end of the Euro experiment is nearing its end, even if it was suggested that the Euro could survive by a series of emergency measures.
In the meantime many corporations are preparing for the case that Greece may leave the monetary union. In December 2011 the German travel giant TUI asked Greek hotel operators to sign new contracts. The following passage was cited in the German newspaper Sueddeutsche Zeitung: „If the Euro should no longer be the currency (…) TUI reserves the right to pay the sum in a different currency. The exchange rate depends on what the government will provide.”[41]
As mentioned before, only very few people think about whether all the Euro bills are the same. Each Euro bill is allocated to a different country, and the deciding characteristic is the serial number that is located on the top right of the backside of the bill. This so-called “country code” lets the insider know which central bank has ordered the printing of the respective bill.[42] The letter X, for example, is for Germany, Y for Greece, M for Portugal, V for Spain and S for Italy.
Professor Dr. Max Otte wisely recommended back in 2009 that bills with serial numbers starting with Y, V, M, and S should be brought back into circulation as quickly as possible, according to the Financial Times.[43] [44]
Should Greece leave the community of Euro countries, what would happen to the bills of the Greeks (Y) that are in the hands of private individuals? There is a plan by the member of the scientific committee of the Ministry of Commerce, Charles Blankert, who also happens to be economics professor at the Humboldt University in Berlin. In a study (according to German tabloid Bild Zeitung)[45] he suggests that all bills with a Y before their serial number should be valid as the new Greek currency immediately upon Greece’s exit from the currency union and would therefore lose their value with immediate effect. Owners of bills of Greek origin within the remaining Euro zone would therefore be immediately affected, according to this study.
Regardless of the Y-bills, a much larger issue arises for the inhabitants of those Euro countries in that those who have gotten themselves into financial problems, as was the case with Greece and Spain, could have their cash withdrawn from their banks in large numbers.
The problem here is that there are substantially more entitlements to money among our banks than there is actual physical money.
In other words, there currently are about 900 billion Euros of bills and coins in circulation. With a German cash wealth of about 5 trillion, this means that there would only be about 2,000 Euros in cash at the disposal of every German citizen. Due to a range of assurances and supposed guarantees by politicians like Chancellor Merkel or Peer Steinbrück, etc. who live according to the motto: “It does not matter what was accomplished, but what is told to the public”, many citizens believe that they could at any time withdraw their savings from the banks.
That is not so since in reality we have a fiat money system (money created out of nothing), and that as a result of that, savings in our accounts do not physically exist. When it comes down to it, they are nothing more than a nice little piece of paper – an account balance – on which some numbers are printed.
Since we in Germany have already been in this position before, it is about time to learn from history and not believe in the statements of our politicians. Ultimately, most politicians are nothing but puppets with much greater powers behind them pulling their strings.
EC, EU AND THE SECRET POWER IN THE BACKGROUND
"A constitution usually protects citizens from politicians. It sets limits to what the elected may decide on between elections. The EU Constitution and the Lisbon treaty are different. It protects politicians from the influence of voters."
Jens-Peter Bonde, *1948[46]
We Europeans have a government that hardly anyone knows, that most do not want and that are intangible to them; in other words, that are even more unintelligible to the voters than our party representatives are already. From a legal perspective, the EU is a hybrid, a legal monster that is very hard to grasp because it is neither a federation of states nor a federal state. For example, the EU has, in contrast to NATO, no treaty that is valid for any amount of time. Out of the Amsterdam treaty came the Maastricht treaty, then the Nice treaty came along out of which the Lisbon treaty evolved. In the end it is always only an alteration of the previous treaties that are always agreed upon in quick succession, so that nobody knows what is valid at any point in time. It is evident that every one of these treaties only ever lasts for a few years; even though commonly international law treaties are implemented for a duration of 20 years and that a possibility of extension is granted once they expire.
In the case of the EU one would have to speak of a democratically not legitimized council dictatorship because the decisions made within the EU are made in committees, councils and commissions. Originally in 1957, it was the EEC[47], then the EC[48], which had been so tainted at that point already with negative associations like milk lakes and Butter Mountains, subsidy fraud so that it became the EU[49]. The name sounds more capacious and better, European Union has a ring to it not unlike the USA, however the basic construct of the EC continues to exist and has never been disestablished, it was simply a name change. Democracy never was the goal of the initiators of the community. Jean Monnet[50], one of the founding fathers of the European Union, said it very plainly: “I hate democracy!It is totally uncomfortable”.[51]
And Jacques Delors, the former president of the EU Commission verbalized it like this nearly 20 years ago: “Had we done it democratically, we never would have come this far.” He went on to say that 50 percent of all laws in the EU come out of Brussels, in respect to economic laws it is 80 percent. In other words, the not exactly unimportant economic laws decisions are made in Brussels by a margin of 80 percent, and then the elected party representatives, namely the parliaments of participating countries are disconnected.[52]
One of the darkest chapters of the EU was pushed into the background that one had to undertake pretty substantial research in order to stumble upon it. In the year 1999 a vast amount of strong accusations regarding deceit, corruption, nepotism and mismanagement were made against the EU Commission.
The Belgian newspaper „La Meuse“ for example was one of the press bodies, which uncovered several scandals of the Commission. The publisher of the paper happened to be robbed and beaten up by masked and armed men.
This however was not an isolated case; many others that had reported about the internal fraud and corruption affairs of the EU Commission were intimidated with violence. Among them the Belgian businessman André Hardy, who had half of his teeth beaten out of his mouth with a baseball bat after he decided to blow the whistle on the company Perry Lux with which he cooperated in Brussels. The EU Commission had hired illegal employees via the Luxembourgian company and its offshore subsidiaries, making millions of Euros disappear in the process.[53]
What also disappeared was the entirety of the bills and receipts of the Office for Humanitarian Aid for the years from 1993 – 1995. The total sum was estimated to have been 2 billion Deutsche Mark. In the meantime two things have changed: First of all we now have a different EU Commission and secondly such events are no longer reported on in the media.
There is however one EU rebel left: Nigel Farage, who does not mince his words as an MEP and openly speaks and protests against the forced EU dictatorship. He asked the President of the European Council, Herman van Rompuy: “Who elected you? (…) Sir, you have no legitimacy for this job…”[54]
It was this sort of questions with which Nigel Farage