Tag Archives: The Saturday Essay: More Looting-Levies

John Ward – The Saturday Essay: More Looting-Levies, More Asset Taxes. Now It’s Default Or Die – 30 March 2013

John WardWhy electing defaulters to power is the only way left

Friday having seen the enthusiastic support of De Nederlandsche Bank President Klaas Knot for Djisselbloem’s plan to pick the pockets of every despositor in Europe, there are now hardly any major nations still in the closet when it comes to Global Looting.

On Thursday, Canadian bloggers cottoned on to the plans of their government via the annual budget statement. On pages 144 and 145 of “Economic Action Plan 2013″ (already submitted to the Canadian House of Commons), it openly proposes ‘to implement a ‘bail-in’ regime for systemically important banks’ there. Continue reading