Wednesday, July 8, 2015

Pope Francis’ Encyclical: It’s the Economic Terrorism Stupid

To steal a quote from James Carville in the Presidential campaign of William Jefferson Clinton in 1992, “it’s the economy stupid”, for the one world banking system foisted upon the people of the world by Wall Street and the Federal Reserve Bank “it’s the economic terrorism stupid.”

The definition of terrorism is described as such:



the use of violence and intimidation in the pursuit of political aims

While the physical terrorism of the poor people of the world takes place in Somalia, Ukraine, Yemen, Syria, Iraq, Gaza and Palestine to name a few, every bit of wealth and self-identity is stripped away and people are scattered to the ends of the earth, never to return home.  Banks like Goldman Sachs, the Federal Reserve Bank, the European Central Bank and the IMF are ushered in to claim rights to the land, minerals and gold.

While the climate change portion of Pope Francis’ encyclical has gained a lot of attention, particularly from the most powerful financial terrorist nation in the world, the Christian Nation of United States of America, financial terrorism portion has been pretty much overlooked.  And, that is for evil reason, to protect the cockroaches who populate the bowels of these financial institutions. 

Most recently in Greece, after the people were allowed to determine their economic future through a vote in the form of a referendum on the IMF financial terrorist demands, they voted to pursue life, liberty, dignity and happiness rather than crippling austerity that has driven thousands to commit suicide.  
Greece Greek Finance Minister Yanis Varoufakis Euclid Tsakalotos Motorcycle 

As a result, the Greek Finance Minister Yanis Varoufakis resignedafter the economic terrorists refused to negotiate with him, feigning outrage at Varoufakis calling them what they are “economic terrorists.”

 As reported in TruthDig, Pope Francis’ encyclical called “Praised Be” leveled a scathing criticism of the current banking cartels’ terrorism against the people of the world.


Pope Francis’ June 2015 encyclical is called “Praised Be,” a title based on an ancient song attributed to St. Francis. Most papal encyclicals are addressed only to Roman Catholics, but this one is addressed to the world. And while its main focus is considered to be climate change, its 184 pages cover much more than that. Among other sweeping reforms, it calls for a radical overhaul of the banking system….

In the Middle Ages, the financial parasite draining the people of their assets and livelihoods was understood to be “usury” – charging rent for the use of money. Lending money at interest was forbidden to Christians, as a breach of the prohibition on usury proclaimed by Jesus in Luke 6:33. But there was a serious shortage of the precious metal coins that were the official medium of exchange, creating a need to expand the money supply with loans on credit….

The dire effects can be seen particularly in the financialization of food. The international food regime has developed over the centuries from colonial trading systems to state-directed development to transnational corporate control.

Today the trading of food commodities by hedgers, arbitrageurs and index speculators has disconnected markets from the real-world demand for food.

The result has been sudden shortages, price spikes and food riots. Financialization has turned farming from a small scale, autonomous and ecologically-sustainable craft to a corporate assembly process that relies on patented technologies and equipment increasingly financed through debt.

To hear about the Greek referendum vote from the world-wide corporately controlled media empire that Rupert Murdoch built with the assistance of the governments of America, Britain, Canada and the European Union, one would be led to believe that Greece has been a slacker, with its people too lazy to work and wanting what Reagan and Thatcher would refer to as a nanny state.

The IMF, the ECB and EU are not Altruists but a bunch of parasitic predators that lighted down upon the country of Greece.  Like crocodiles attacking a wildebeest they have sucked out every bit of the serum of life.  Or, as Pope Francis’ encyclical called it “, the financial parasite draining the people of their assets and livelihoods.” From Global Research.


The IMF Has Made €2.5 Billion Profit Out of Greece Loans
 By Jubilee Debt Campaign /

Ahead of the payment of €462 million by Greece to the IMF on Thursday 9 April, figures released by the Jubilee Debt Campaign show that the IMF has made €2.5 billion of profit out of its loans to Greece since 2010. If Greece does repay the IMF in full this will rise to €4.3 billion by 2024….

The IMF has been charging an effective interest rate of 3.6% on its loans to Greece. This is far more than the interest rate the institution needs to meet all its costs, currently around 0.9%...

Out of its lending to all countries in debt crisis between 2010 and 2014 the IMF has made a total profit of €8.4 billion, over a quarter of which is effectively from Greece….

“The IMF’s loans to Greece have not only bailed out banks which lent recklessly in the first place …  This usurious interest adds to the unjust debt forced on the people of Greece.”

The vitriol that has been heaped upon the Tspiras Administration and the people of Greece by their creditors has only served to bring to light the nefarious nature of the troika “beast” as described by Joseph Stiglitz in the Financial Review:


Greece debt crisis: Joseph Stiglitz says Europe is attacking Greek democracy

European leaders are finally beginning to reveal the true nature of the ongoing debt dispute, and the answer is not pleasant: it is about power and democracy much more than money and economics….

…the economics behind the program that the "troika" (the European Commission, the European Central Bank, and the International Monetary Fund) foisted on Greece five years ago has been abysmal, resulting in a 25 per cent decline in the country's GDP.

I can think of no depression, ever, that has been so deliberate and had such catastrophic consequences: Greece's rate of youth unemployment, for example, now exceeds 60 per cent.

Did you get that?  The youth unemployment in Greece now exceeds 60 percent because of the usurious interest levied by the EU, ECB and IMF and they are outraged that Finance Minister, Yanis Varoufakis calls them economic terrorists. 

In voting “No” Greece has stood up to the “beast” in spite of, as Paul Krugman put it in the Business Insider, “a truly vile campaign of bullying and intimidation”, a shameful moment in modern European history.


Greek no vote win for Europe

Krugman writes that, "we have just witnessed Greece stand up to a truly vile campaign of bullying and intimidation, an attempt to scare the Greek public, not just into accepting creditor demands, but into getting rid of their government. It was a shameful moment in modern European history, and would have set a truly ugly precedent if it had succeeded."

And so with the Greek people shooting down the vision that other Europeans had for their economy and future prospects, Krugman believes that all Europeans - as voters and participants in democracy - won on Sunday.

But that is what the world has devolved into since the America’s elected government was overthrown December 12, 2000 by the banking cartel and their minions in the United States Senate and Supreme Court. 

With the overthrow of the American government came “financialization” of all government services necessary to survival of a Democratic United States.  From the TruthDigArticle above:


Land and natural resources, once considered part of the commons, have long been privatized and financialized. More recently, this trend has been extended to pensions, health, education and housing.

Today financialization has entered a third stage, in which it is invading infrastructure, water, and nature herself. Capital is no longer content merely to own. The goal today is to extract private profit at every stage of production and from every necessity of life.

The American government is a puppet run out of the Pentagon’s Office of Special Plans a subsidiary of RAND Corporation.  In a November 2014 vote at the United Nations denouncing Nazism and Holocaust Denial there were only three countries voting against the measure.  From InformationClearing House:


U.S. Among Only 3 Countries Officially Backing Nazism & Holocaust-Denial
By Eric Zuesse

In a U.N. vote, on November 21st, only three countries  — the United States, Ukraine, and Canada — voted against a resolution to condemn racist fascism, or “Nazism,” and to condemn denial of Germany’s World War II Holocaust against primarily Jews.

This measure passed the General Assembly, on a vote of 115 in favor, 3 against, and 55 abstentions (the abstentions were in order not to offend U.S. President Obama, who was opposed to the resolution).

55 abstentions in order not to offend President Obama.  President Obama who lost the Democratic Primary and was advanced as the Democratic candidate for President after the votes in the primaries in Florida and Michigan were cancelled as punishment for voting for Hillary Clinton.  That is how elections are conducted in America after the overthrow of the elected government in 2000.

The measure had been presented to their General Assembly after a period of more than a decade of rising “neo-Nazi” (i.e., racist-fascist) movements in Europe, including especially in Ukraine, where two Ukrainian Nazi parties were installed by the U.S. into high posts in Ukraine’s new government, immediately after the democratically elected Ukrainian President Victor Yanukovych was overthrown in a violent coup in Kiev during February of this year.

The entire Ukrainian ‘defense’ establishment was then immediately taken over by the leaders of these two Nazi parties, which rabidly hate ethnic Russians, and Ukraine is now led by the first — and so far, the only — Nazi government to take charge of any country after the end of WW II.

Within less than a mere three months after the coup, this new Government began an ethnic-cleansing program in Ukraine’s own ethnic-Russian southeast, where around 90% of the residents had voted for the man who had been overthrown in the coup — this was a campaign to isolate and exterminate those people, so that those voters could never again participate in a Ukrainian national election. Unless those voters would be eliminated, these Nazis would be elected out of power — removed from office.

That is the new American election system, “one man, one vote, one time.”  Pope Francis was in Ecuador where he made the following statements:  From CNN News:


Pope notes: Francis says the rich shouldn't rule the world

(CNN)Taking his eco-friendly message to the masses, Pope Francis called for a new system of global justice based on human rights and care for the environment rather than economic profits.

"The goods of the Earth are meant for everyone," the Pope said, "and however much someone may parade his property, it has a social mortgage…."

In recent months, indigenous groups have protested Ecuador's president, Rafael Correa, saying that his promotion of drilling and mining near the Amazon rainforest could ruin their ancestral homeland.

On Tuesday night, the Pope left little doubt about whose side he takes.

"The tapping of natural resources, which are so abundant in Ecuador, must not be concerned with short-term benefits," Francis said.

The Pope’s encyclical and comments during his tour of South America have incited the hatred of one group that is demanding the Pope be put on trial for his heresy against “Nazi-Capitalism.”  From Israel News:


“And you shall discern from among the entire people men of accomplishment, God-fearing people, men of truth, people who despise money and you shall appoint them leaders of thousands, leaders of hundreds, leaders of fifties, and leaders of tens. so they shall judge the people at all times.” (Exodus 18:21)

A re-established and self declared Israeli Sanhedrin, the religious High Court composed of 71 sages, has declared that it is putting Pope Francis on trial unless he retracts his statement that the Jews have no right to the land of Israel or to Jerusalem.

In February 2013, the Vatican officially recognized the “State of Palestine” but more significantly, the Vatican signed a treaty in June with “Palestine” in which the Holy See switched its diplomatic relations from the Palestinian Liberation Organization to the “State of Palestine”. This treaty is the first legal document negotiated between the Holy See and the Palestinian state and as such, constitutes an official recognition.

The trial and judgment will be on September 20th, 2015. If Pope Francis chooses to ignore the summons, he will be judged in absentia….

The letter was signed, “The Secretariat of the Court of Mount Zion”…. The Sanhedrin has no political or legal status, and clearly has no authority over the Vatican.

Meanwhile, America has announced they are slashing the military by 40,000 troops in order to save money.  From USA Today:


The Army plans to cut 40,000 soldiers from its ranks over the next two years, a reduction that will affect virtually all of its domestic and foreign posts, the service asserts in a document obtained by USA TODAY….

An additional 17,000 Army civilian employees would be laid off under the plan officials intend to announce this week. Under the plan, the Army would have 450,000 soldiers by Sept. 30, 2017, the end of the 2017 budget year. The reduction in troops and civilians is due to budget constraints, the document says.

The Pentagon's budget, released in February, envisioned the reduction to 450,000 would occur by Sept. 30, 2018.

And as the US slashes its all-volunteer American troop levels due to sequestration, the congress has appropriated funds to pay “moderate terrorists” to fight in Syria in order to depose President Assad.  From UpRooted Palestinians:


A crucial part of the United States’ plan to train moderate Syrian rebels to combat the self-proclaimed Islamic State terrorist group is locating those so-called “moderates.” The problem: those are becoming harder and harder to find.

Last June, the White House asked Congress for $500 million to train and arm Syrian rebels who could help stem the growing influence of the Islamic State. The effort was seen as a necessary way to fulfill President Obama’s pledge of keeping American ground troops out of the conflict, and as an important caveat, the administration assured lawmakers that it would screen any potential trainees to filter out extremists.

That’s right the illegitimate banking servants in the American government installed by the Federal Reserve Bank is slashing our military and handing over a half billion dollars to pay “moderate” terrorists to terrorize the Syrian people and remove their elected leader.

So with the 2016 Presidential “election” and I use the term “election” loosely, the campaign slogan should be “It’s the Economic Terrorism, Stupid.”

By Patricia Baeten

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