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TOPIC: Hungary Sheds Its Bankers.

Hungary Sheds Its Bankers. 26 Aug 2013 22:54 #1

  • cantata
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Another article filched from the Icke Headlines ( :emb: ):

briankellysblog.blogspot.com.au/2013/08/hungary-sheds-bankers-shackles.html

• International Monetary Fund told to vacate the country; nation now issuing debt-free money

By Ronald L. Ray

Hungary is making history of the first order.

Not since the 1930s in Germany has a major European country dared to escape from the clutches of the Rothschild-controlled international banking cartels. This is stupendous news that should encourage nationalist patriots worldwide to increase the fight for freedom from financial tyranny.

Already in 2011, Hungarian Prime Minister Viktor Orbán promised to serve justice on his socialist predecessors, who sold the nation’s people into unending debt slavery under the lash of the International Monetary Fund (IMF) and the terrorist state of Israel. Those earlier administrations were riddled with Israelis in high places, to the fury of the masses, who finally elected Orbán’s Fidesz party in response.

According to a report on the German-language website “National Journal,” Orbán has now moved to unseat the usurers from their throne. The popular, nationalistic prime minister told the IMF that Hungary neither wants nor needs further “assistance” from that proxy of the Rothschild-owned Federal Reserve Bank. No longer will Hungarians be forced to pay usurious interest to private, unaccountable central bankers.

Instead, the Hungarian government has assumed sovereignty over its own currency and now issues money debt free, as it is needed. The results have been nothing short of remarkable. The nation’s economy, formerly staggering under deep indebtedness, has recovered rapidly and by means not seen since National Socialist Germany.

The Hungarian Economic Ministry announced that it has, thanks to a “disciplined budget policy,” repaid on August 12, 2013, the remaining €2.2B owed to the IMF—well before the March 2014 due date. Orbán declared: “Hungary enjoys the trust of investors,” by which is not meant the IMF, the Fed or any other tentacle of the Rothschild financial empire. Rather, he was referring to investors who produce something in Hungary for Hungarians and cause true economic growth. This is not the “paper prosperity” of plutocratic pirates, but the sort of production that actually employs people and improves their lives.

With Hungary now free from the shackles of servitude to debt slavers, it is no wonder that the president of the Hungarian central bank, operated by the government for the public welfare and not private enrichment, has demanded that the IMF close its offices in that ancient European land. In addition, the state attorney general, echoing Iceland’s efforts, has brought charges against the last three previous prime ministers because of the criminal amount of debt into which they plunged the nation.

The only step remaining, which would completely destroy the power of the banksters in Hungary, is for that country to implement a barter system for foreign exchange, as existed in Germany under the National Socialists and exists today in the Brazil, Russia, India, China and South Africa, or BRICS, international economic coalition. And if the United States would follow the lead of Hungary, Americans could be freed from the usurers’ tyranny and likewise hope for a return to peaceful prosperity.





Hungary has already banned Monsanto and its GMO Frankenstein crops (along with some other countries); and has now got rid of its banker-lice. And is, apparently, doing all the better for it!

:)
"...Wyrde saves oft the man undoomed
if he undaunted be....". (Beowulf).

"The most beautiful people we have known are those who have known defeat, known suffering, known struggle, known loss, and have found their way out of the depths... Beautiful people do not just happen". (Elisabeth Kubler-Ross).


:cavalier
Last Edit: 26 Aug 2013 22:56 by cantata.
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Hungary Sheds Its Bankers. 27 Aug 2013 07:31 #2

Hungary has also pretty much removed democracy from it's constitution
Not since the 1930s in (Hitler's) Germany has a major European country dared to escape from the clutches of the Rothschild-controlled international banking cartels.
A more apt comparison than Icke realizes.
Infact judging by the amount of Telegraph and Daily Mail on his site he probably knows what he's doing; promoting a fascist National State.
...Molti nemici molto onore...
Last Edit: 27 Aug 2013 07:35 by Ultimate Seeker ™.
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Hungary Sheds Its Bankers. 27 Aug 2013 08:04 #3

The Kind of Fascist State David Icke supports, the kind that persecutes ethnic and religious minorities, and which curtails democratic and individual freedom:
Several members of Hungary's democratic opposition in the 1970s and 80s voiced concern over the current state of freedom and rights in the country in a letter addressed to human rights commissioners of the European Union and the Council of Europe, on Monday.

Signatories to the letter requested EU Commissioner Viviane Reding and CoE Commissioner Thomas Hammarberg "to take resolute action in defense of freedom of religion and other fundamental liberties that are presently in great danger in Hungary."

The letter referred to Hungary's new church law and said that it had deprived over 100 religious communities of their church status, many of which are playing a key role in providing services to the homeless, the elderly, the Roma and other disadvantaged groups representing tens of thousands of people.

"Never before has a Member State of the EU so blatantly dared to go against the principles of freedom of beliefs, equality before the law, and separation of church from state. These are all established fundamental rights in our common Europe," the letter added.

Signatories to the letter include Gábor Demszky, Miklós Haraszti, Gábor Iványi, János Kenedi, György Konrád, Ferenc Kőszeg, Bálint Magyar, Imre Mécs, and László Rajk.
www.bbj.hu/politics/open-letter-on-the-oppression-of-freedom-of-religion-in-hungary_59405
Under its new constitution, Hungary is required to defend artistic freedom but only that of the Hungarian Academy, not individual artists.
voices.yahoo.com/hungarys-orbn-seeks-silence-dissident-song-10821359.html?cat=33

I can't wait to see whether Icke will be supporting the emergence of Fascist reactionary regimes via his new Propaganda outlet:
"Die Stimme des Volkes"
“It would not be impossible to prove with sufficient repetition and a psychological understanding of the people concerned that a square is in fact a circle. They are mere words, and words can be molded until they clothe ideas and disguise.”
“Berndt handed in a plan for the occultist propaganda to be carried on by us. We are getting somewhere. The Americans and English fall easily to this kind of propaganda. We are therefore pressing into service all star witnesses of occult prophecy. Nostradamus must once again submit to being quoted.”
― Joseph Goebbels
...Molti nemici molto onore...
Last Edit: 27 Aug 2013 08:16 by Ultimate Seeker ™.
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Hungary Sheds Its Bankers. 27 Aug 2013 10:44 #4

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Why is there this conflagration of rejection of the IMF with Fascism. As a person wishing to understand systems it seems odd I cannot just read about the economic proposal of the Hungarians, without it quickly just being an article about human rights that just mentions economics at the front. There are plenty of countries that have far worse human rights records but hardly a word of it hits the press.
I want to know things like is what the Hungarians are proposing different from Iceland. Is the Hungarian proposal more than just saber rattling, or even if there is anything there at all. As all I have seen is non-Hungarians of the right asserting this and that, but little direct reporting.
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Hungary Sheds Its Bankers. 27 Aug 2013 14:05 #5

jonb wrote:
Why is there this conflagration of rejection of the IMF with Fascism. As a person wishing to understand systems it seems odd I cannot just read about the economic proposal of the Hungarians, without it quickly just being an article about human rights that just mentions economics at the front. There are plenty of countries that have far worse human rights records but hardly a word of it hits the press.
I want to know things like is what the Hungarians are proposing different from Iceland. Is the Hungarian proposal more than just saber rattling, or even if there is anything there at all. As all I have seen is non-Hungarians of the right asserting this and that, but little direct reporting.
Is it a conflagration, I never said Hungary were Fascist because they are apparently rejecting the IMF (though we've heard this before), I said the Government there is Fascist, that they are rejecting the IMF and various international institutions of Liberal Democracy is no surprise.
Persecuting Ethnic Minorities, curtailing democracy, changing the name of Hungary, Anti-Semitism and various conspiracy theories being prominent there and amongst the government, rejection of Liberalism, promotion of Nationalism, their far right economic stance etc etc are why I call them Fascist, the government there exhibits all tendencies associated with Fascism, that they dislike the IMF, EU etc does not make them fascist but is a by-product of their fascist ideological tendencies.

It's the same amongst many American Isolationists.

Be careful what you support, given a choice between far right authoritarianism and nationalism or the IMF< I'd certainly choose the latter :sorry:

Why the conflagration of IMF with Zionism, Jews and some conspiracy?

Some background on Icke's new favourite Nation:
After winning 53% of the popular vote, which translated into a supermajority of 68% of parliamentary seats, giving Fidesz sufficient power to revise or replace the constitution, the party embarked on an extraordinary project of passing over 200 laws and drafting and adopting a new constitution—since followed by nearly 2000 amendments.

The new constitution has been widely criticized[19][20][21][22][23][24] by the Venice Commission for Democracy through Law,[25] the Council of Europe, the European Parliament[26] and the United States[27] for gathering too much power in the hands of the ruling party, Fidesz, for limiting oversight of the new constitution by the Constitutional Court of Hungary, and for removing democratic checks and balances in various areas, including the ordinary judiciary,[28] supervision of elections and the media.
en.wikipedia.org/wiki/Fidesz
On Hungary’s National Day, March 15, the right-wing TV host Ferenc Szaniszlo received the Táncsics Award, the highest state award for journalists in Hungary. On the state-run Echo TV station Szaniszlo has disseminated anti-Semitic conspiracy theories and described the Roma minority as “apes”.

In response to criticism of the decision, the minister responsible for the award, Minister of Human Resources Zoltán Balog, replied that he was unaware of the anti-Semitic and abusive racists remarks made by Szaniszlo. Szaniszlo has been employed by the right-wing Echo TV station since 2008, where he is primarily concerned with foreign policy. In 2011, the state media regulator had already fined the station following racist remarks by Szaniszlo.

In protest against the awarding the honor to Szaniszlo, over 10 former Táncsics award-winners immediately returned their awards.

The honoring of Szaniszlo is just the latest in a string of provocations involving right-wing personalities. Recently the government awarded archaeologist Kornel Bakay a medal of merit. Bakay had caused a stir with anti-Semitic statements, e.g., with his claim that Jews had organized the slave trade in the Middle Ages.

The Golden Cross of Merit was awarded to the singer of the rock band Kárpátia, Petrás János. The group is close to the neo-fascist party Jobbik and composed the anthem for Jobbik’s paramilitary wing, the Hungarian Guard. In its songs the band glorifies the “immaculate nation” and calls for expanding the borders of Hungary.

The government of Prime Minister Victor Orban (Fidesz/Civic Union) used the award ceremony to close ranks with Jobbik as part of a broader strategy of relying on far-right layers to suppress increasing popular resistance against attacks on social and democratic rights.
www.wsws.org/en/articles/2013/03/23/hung-m23.html
...Molti nemici molto onore...
Last Edit: 27 Aug 2013 14:12 by Ultimate Seeker ™.
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Hungary Sheds Its Bankers. 27 Aug 2013 14:16 #6

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jonb wrote:
Why is there this conflagration of rejection of the IMF with Fascism. As a person wishing to understand systems it seems odd I cannot just read about the economic proposal of the Hungarians, without it quickly just being an article about human rights that just mentions economics at the front. There are plenty of countries that have far worse human rights records but hardly a word of it hits the press.
I want to know things like is what the Hungarians are proposing different from Iceland. Is the Hungarian proposal more than just saber rattling, or even if there is anything there at all. As all I have seen is non-Hungarians of the right asserting this and that, but little direct reporting.

I think it might be because Hungary paying off their debt to the IMF and saying they don't want them any more because the ruling government s confident about their projected growth is cast starkly as some kind of incredible...something. The fact far right organ AFP are gushing about this is doubtless because they also approve of Hungary's increasingly right wing internal politics that have been causing alarm. AFP make a blatant comparison with National Socialism which they also blatantly approve of. The fact this appears without comment on Icke's headline page displays Icke and/or his team have absolutely no problem with promoting this also.
This is noteworthy. Certainly as noteworthy as a country paying off a loan and saying they don't feel they need another.

Hardline nationalists tend to be into economic independence - it goes with the territory of extreme nationalism. They also tend to be very authoritarian and have a strong tendency to persecute people who don't fit their imposed ideal. More on what they're up to:
The constitutional and other legal changes have curbed the independence of the judiciary and the administration of justice, forced nearly 300 judges into early retirement, and imposed limitations on the Constitutional Court’s ability to review laws and complaints.

The changes also have an impact on media freedom. Independent media outlets told Human Rights Watch that they engage in self-censorship as a result of unclear content regulations. The media regulator sought repeatedly to deny a broadcast license to an independent radio station before eventually bowing to successive court rulings ordering it to issue the license.

The new constitution stripped hundreds of religious groups of their status as “churches” under domestic law. The constitution discriminates against lesbian, gay, bisexual, and transgender (LGBT) people by excluding them from the notion of “family,” and it restricts the rights of women and prevents people with mental disabilities from voting.

In 2012 and early 2013 the Constitutional Court ruled several provisions and laws relating to the forced early retirement of judges, the arbitrary registration process for churches with no possibility for judicial appeal, and the criminalization of homelessness. Rather than accepting those rulings, the government introduced legal changes in March 2013 that added the provisions to the constitution and curbed the power of the constitutional court to review changes to the constitution, preventing the court from striking down the measures anew.

“Instead of abiding by the Constitutional Court’s rulings, the government introduced the very same laws held unconstitutional into the constitution itself, thereby barring the court from reviewing them,” Gall said. “There is no clearer example of the Hungarian government’s contempt for the rule of law.”

www.hrw.org/news/2013/05/16/hungary-rule-law-under-threat

The rhetoric the far right deploy against 'international bankers' and for 'national sovereignty' tends to resonate with people who dislike the international neo-liberal hegenomy. People like AFP don't tend to dwell on the authoritarian, persecutory side that comes with with ultra nationalism because they're into that shit. They want you to believe in a strong authoritarian state.
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Hungary Sheds Its Bankers. 27 Aug 2013 14:26 #7

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I was not personalizing. What I was referring to was not your post but how the media in general are conflating the two. The problem is for me that I wish to learn more about the economics. The silly idea that issues are black and white I think we would both reject, so either or the Hungarian Government or the IMF is stupid, I would have nothing to do with either, but if there is something interesting going on I wish to know about it, and I am getting frustrated because there seems to be little direct reporting of the issues, only indirect commentary by people with shall we say some very dubious or agendas which are only using the situation to talk about other things.
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Hungary Sheds Its Bankers. 27 Aug 2013 15:18 #8

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So if I have it right Chuck what you are saying is there is nothing more going on economically, than when Denis Healey paid off an IMF loan in 1977.
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Hungary Sheds Its Bankers. 27 Aug 2013 16:10 #9

I see what you're saying JB how have they been able to pay off this debt, using what Economic policy etc.

I read about this a year or two ago but lost all my links after a reformat, they enacted a similar "Work Programme" scheme to the one in the UK, except rather than being given to companies for a few weeks they served the national interest in various public works for a long time to receive benefits.

If you find any links please post up it would be interesting, I'll dig out Hitlers 25 point plan and we can compare.
A good source may be Napi Gazdasag, it's really close to the government :D
Fidesz-linked think tank Századvég’s Gazdaszágkutató Zrt. (Century Economic Research Inc.) announced this week it has purchased Napi Gazdaság, a top national business and economic daily. Századvég is part of a consortium of companies have been awarded HUF 4.7 billion (EUR 15 million) in state consultancy contracts by the Ministry of National Development (MND) since 2011, HVG reports. The consortium serves as the primary political and economic advisory group to the government and Hungarian Prime Minister Viktor Orbán.

Századvég Gazdaszágkutató was established in March 2010 by Andras Giro-Szasz, current Fidesz spokesperson, and Peter Heim, an investment analyst. The firm’s current CEO, Balazs Fürjes, was appointed in 2011 by Orbán to serve as government commissioner responsible for major investments in Budapest. Fürjes also served as a minister in Orban’s first cabinet (1998-2002). The company is an offspring of Századvég Alapítványt (Century Foundation), a research, education and book publishing institute founded by István Stumpf, a minister in the first Orbán government who was appointed to the Constitutional Court by Fidesz in 2010.
mediamonitor.ceu.hu/2013/08/fidesz-linked-firm-buys-national-economic-daily/
...Molti nemici molto onore...
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Hungary Sheds Its Bankers. 27 Aug 2013 16:39 #10

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jonb wrote:
So if I have it right Chuck what you are saying is there is nothing more going on economically, than when Denis Healey paid off an IMF loan in 1977.

I don't know in great detail about either situation so I don't know about such a comparison without finding out more.

But the IMF can't force themselves on countries - Hungary didn't 'dare' to do anything. It was broke, it got an IMF loan, paid it back and now reckon they can go it alone. I don't see what's particularly dramatic. IMF loans do come with strings attached so it makes sense for anyone whose economic vision is not in harmony with the IMF.

The IMF have a history of being a shower of bastards, but they're not totally evil Jewish Rothchild conspirators out to destroy us all. Let's not forget they told George Osbourne earlier in the year he's going way too far with austerity because they believe it's damaging the economy. They believe in global capitalism and endless economic growth and all that bullshit, not enslaving mankind and destroying 'national sovereignty' for the Jews.
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Hungary Sheds Its Bankers. 27 Aug 2013 17:07 #11

Useful link showing Unemployment (thus mandatory slave labour) increasing since the Fidesz election:
www.tradingeconomics.com/hungary/unemployment-rate

Here's a banker Hungary recently "shed":
JULIA KIRÁLY, a deputy-governor of the National Bank of Hungary, stepped down on April 8th. Her resignation was not unexpected but her very public attack on György Matolcsy, the new governor of Hungary’s central bank, has caused ripples at home and abroad.

Mr Matolcsy, the former economy minister, and a close ally of the prime minister, Viktor Orbán, was damaging both the national bank’s credibility and the Hungarian economy, Ms Király claimed. She would no longer be part of this.

“Decisions have been made that could cause serious damage not only to the National Bank of Hungary but in the longer term also to the Hungarian economy,” she wrote in her resignation letter. “Taking all of this into account, I can see an increasing likelihood that decisions could be made that are not well-founded, and (which are) mistaken, for which I do not wish to take any responsibility.”
..Her departure, however, will have no effect on monetary policy. She was the last remaining member of the eight-strong monetary council who had not been appointed by the ruling Fidesz party or Mr Orbán’s government.
Read more and her resignation letter at the link.
Hungarian Central Bank Cuts Interest Rate To Record Low
8/27/2013 8:44 AM ET

Hungary's central bank on Tuesday lowered its policy interest rate for the thirteenth time in a row to a new record low, and to a greater extent than expected by economists, as inflation continues to weaken.

It is widely believed that the central bank is on course to slow down its monetary easing program amid increasing pressure on emerging market economies from the withdrawal of capital by foreign entities.

The Monetary Council of the the Magyar Nemzeti Bank reduced its two-week deposit rate by 20 basis points to 3.8 percent at today's meeting, following a quarter percent cut in July.

The bank has cut the rate every month since July 2012, after holding it steady for seven months in a row. Economists had forecast the bank to lower the rate to 3.9 percent today.

Hungary's consumer price inflation weakened unexpectedly to 1.8 percent in July from 1.9 percent in June, owing mainly to lower costs for electricity, gas and other fuels.

The economy recovered modestly in the second quarter, after staying in recession for more than a year. Gross domestic product increased 0.5 percent in the June quarter from the corresponding period of last year, reversing the first quarter's 0.9 percent contraction.

by RTT Staff Writer
www.rttnews.com/2178958/hungarian-central-bank-cuts-interest-rate-to-record-low.aspx?type=eueco&SimRec=1
...Molti nemici molto onore...
Last Edit: 27 Aug 2013 17:24 by Ultimate Seeker ™.
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Hungary Sheds Its Bankers. 28 Aug 2013 14:47 #12

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cantata wrote:

...

The only step remaining, which would completely destroy the power of the banksters in Hungary, is for that country to implement a barter system for foreign exchange, as existed in Germany under the National Socialists and exists today in the Brazil, Russia, India, China and South Africa, or BRICS, international economic coalition. And if the United States would follow the lead of Hungary, Americans could be freed from the usurers’ tyranny and likewise hope for a return to peaceful prosperity.





Hungary has already banned Monsanto and its GMO Frankenstein crops (along with some other countries); and has now got rid of its banker-lice. And is, apparently, doing all the better for it!


:)



That's of course why the real Orwellian newspeaking fascists call them "fascist".


abundanthope.net/pages/Political_Information_43/Hitler-s-freedom-from-International-Debt-Slavery-Repost.shtml


With Usura

With usura hath no man a house of good stone
each block cut smooth and well fitting
that design might cover their face,
with usura
hath no man a painted paradise on his church wall
harpes et luz
or where virgin receiveth message
and halo projects from incision,
with usura
seeth no man Gonzaga his heirs and his concubines
no picture is made to endure nor to live with
but it is made to sell and sell quickly
with usura, sin against nature,
is thy bread ever more of stale rags
is thy bread dry as paper,
with no mountain wheat, no strong flour
with usura the line grows thick
with usura is no clear demarcation
and no man can find site for his dwelling.
Stonecutter is kept from his tone
weaver is kept from his loom
WITH USURA
wool comes not to market
sheep bringeth no gain with usura
Usura is a murrain, usura
blunteth the needle in the maid's hand
and stoppeth the spinner's cunning. Pietro Lombardo
came not by usura
Duccio came not by usura
nor Pier della Francesca; Zuan Bellin' not by usura
nor was 'La Calunnia' painted.
Came not by usura Angelico; came not Ambrogio Praedis,
Came no church of cut stone signed: Adamo me fecit.
Not by usura St. Trophime
Not by usura Saint Hilaire,
Usura rusteth the chisel
It rusteth the craft and the craftsman
It gnaweth the thread in the loom
None learneth to weave gold in her pattern;
Azure hath a canker by usura; cramoisi is unbroidered
Emerald findeth no Memling
Usura slayeth the child in the womb
It stayeth the young man's courting
It hath brought palsey to bed, lyeth
between the young bride and her bridegroom CONTRA NATURAM
They have brought whores for Eleusis
Corpses are set to banquet
at behest of usura.

- Ezra Pound
"The truth must be repeated over and over again,
because error is repeatedly preached among us, not
only by individuals, but by the masses. In periodicals
and cyclopaedias, in schools and universities; every-
where, in fact, error prevails, and is quite easy in the
feeling that it has a decided majority on its side."

~ J. W. v. Goethe

Johannes Lang "The Hollow World Theory" Blog
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Hungary Sheds Its Bankers. 29 Aug 2013 11:49 #13

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PFIZIPFEI wrote:

That's of course why the real Orwellian newspeaking fascists call them "fascist".

We need that "Before you mutha fuckin post, read the mutha fuckin thread" gif for this forum...
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