GLOBAL LOOTING EXCLUSIVE: Revealed – Just how little the European Human Rights Convention really means


The loopholes in the EU Human Rights protocols offer no protection at all against global looting

The letter (left) from Cyprus Bank’s George Georgiou to Laika Bank CEO Takis Phedias appears to be genuine. It’s dated February 11th 2013, and suggests very strongly that Laiki Bank was mulling a depositor haircut long before the final mid-March announcement by Djisellbloem’s eurogroup.

It also shows clearly that the Central Banker Georgiou expressed his opinion that any confiscation of customer ‘property’ by an EU bank would contravene Article 1 of Protocol 1 of the EHRC.

The idea then seems to have been dropped by Laiki…who almost certainly evoked the Cyprus Bank letter in order to put off the suggestions of the eurogroup that there should be a depositor haircut. But the Merkeschäuble disagreed with Georgiou’s ruling. Technically, they were right. Here is the Article concerned – my emphases:

‘Every natural or legal person is entitled to the peaceful enjoyment of his possessions. No one shall be deprived of his possessions except in the public interest and subject to the conditions provided for by law and by the general principles of international law.

The preceding provisions shall not, however, in any way impair the right of a State to enforce such laws as it deems necessary to control the use of property in accordance with the general interest or to secure the payment of taxes or other contributions or penalties.’

On that basis, the EHRC isn’t worth the paper it’s printed on. As so often with the Controllers, the public interest, the State’s rights, the general interest, taxes, penalties and a million other exceptions allow those in charge to do WTF they want. Despite the perceived strength of the Weimar Republic’s citizen protection clauses, from 1933-35 Hitler was able to establish a One Party Dictatorship without breaking a single clause in the constitution.

Note also that the word used by both the EHRC and Georgiou is ‘property’ – not ‘savings’ or ‘deposits’. This allows any bank at any time to remove cars, houses, boats etc from the customer in the public interest.

And of course, if the public isn’t interested, the public interest can be invoked without the slightest opposition.

Wherever you live, this clean-out theft is coming your way. Remain vigilant, and stay tuned.

Earlier at The Slog: Why the HBOS Three are just another distraction

68 thoughts on “GLOBAL LOOTING EXCLUSIVE: Revealed – Just how little the European Human Rights Convention really means

  1. At the end of the day these are all just words on paper, when it suits, the words are changed, amended or reinterpreted to suit.

    The only thing that counts is what physical resources you can defend behind a perimeter that you yourself control via whatever methods you can.
    As long as those resources can sustain you, you’ll be OK – if they are insufficient to feed/shelter your family then you need to think again.


  2. Let’s remember a precedent where Buffoon Berlusconi wrote a law shortening the time limit for prosecution (for himself clearly) and prosecutions against him have been dropped because the statute of limitations had expired.

    The moral being that those in power use and manipulate the law to their advantage. Everything else in PR puff, as is the EHRC.


  3. No wonder you are impoverished, IP – coming out with such profound good sense like that.

    You have encapsulated perfectly the fundamental position for us all … but such heresies are unlikely to win you any plaudits, or for that matter, any wealth either :-)


  4. There is no ‘Rule of Law, Law of Contract’ any longer. They will do as they please and screw anybody who stands in their way. They will impoverish us all before they are finished, they will drain every drop from us rather than let The Dream fail.


  5. I would be a bit cautious with Bitcoin if I were you. It appears that the US is creating a bubble in Bitcoin, and we know what happens to bubbles, don’t we?


  6. Bitcoin is also vulnerable to distributed denial-of-service (DDoS) attacks.
    If TPTB can manipulate PM prices I’m pretty sure they can disrupt Bitcoins operations.


  7. Everyone really needs to understand – when you put money into a bank its not ‘yours’ any more. Its not a pile of £20 notes in a locked vault, waiting for you to ask for it back. Its a loan to the bank, repayable as per the account T&Cs. ie on demand, after a certain notice period, after a fixed period. And as a loan, its not ‘property’ any more either, any more than if you loan your neighbour £50 and he goes bankrupt the next day, you get nothing more than all the other creditors do.

    The banks in Cyprus were broke, and as such someone has to lose out, in this case the larger depositors, shareholders and bondholders. It is the nature of banking, from the year dot. Put your money in a bank, bank goes bust, you lose your money. If you don’t like the odds, don’t put your money in banks, buy something more tangible and/or bury it in a hole in the ground, from where someone could steal it etc. Owning assets has risks, banks going bust is one of them. Nothing in life is guaranteed.


  8. Check the news today. Bitcoin has now been attacked by hackers. It’s offline currently.

    The opening salvo, I shouldn’t wonder.


  9. Jim, very true BUT, the fiat system needs a certain degree of trust to function. Plundering depositors’ money might seem acceptable in a pedantic way, but our whole system would collapse if everyone abandoned banks for gold, silver, conch shells or whatever. This is the real problem should this action become accepted practice.


  10. Just goes to show that the Executive Summary’ always contradicts the attached and detailed report!


  11. ffs how many more times, take it out of the bank. dont pay tax. dont ask for receipts,pay cash with a handshake for your guarantee. i find it quite entertaining these days going into the bank, faces like slapped arses, times have changed eh?


  12. This is why i am dead set against all written constitutions, they are always couched in terms that the elite demand. I have no wish to have the things I can do listed.

    Just tell me what i can’t do and apply that to all.


  13. Do no harm, thats the only rule you, and especially tptb need. I’d say nicking someones cash is doing harm, public good or not. Come to think of it if the public good over rides human rights why isn’t that chap with the big beard on his way to Jordan?


  14. Obama has a black hat recruitment drive: ´get all these pimply youths under my roof and pay them to fight off other pimply youths type thingy.´
    The secret would be to get those young men onside but the problem would be reaching out to them.
    As far as I know they hold no social club evenings where they might be contacted.
    Meanwhile there´s some kind of battle going on out there. AS there is here


  15. The US already has a Cyberwarfare organisation
    “The risks of a cyberwar were invoked more clearly than ever in Washington in recent weeks. In mid-March, Obama assembled 13 top US business leaders in the Situation Room in the White House basement, the most secret of all secret conference rooms. The group included the heads of UPS, JPMorgan Chase and ExxonMobil. There was only one topic: How can America win the war on the Internet?

    The day before, Director of National Intelligence James Clapper had characterized the cyber threat as the “biggest peril currently facing the United States.”

    The White House was unwilling to reveal what exactly the business leaders and the president discussed in the Situation Room. But it was mostly about making it clear to the companies how threatened they are and strengthening their willingness to cooperate, says Rice University IT expert Christopher Bronk.

    The president urgently needs their cooperation, because the US has allowed the laws of the market to govern its digital infrastructure. All networks are operated by private companies. If there is a war on the Internet, both the battlefields and the weapons will be in private hands.

    This is why the White House is spending so much time and effort to prepare for possible counterattacks. The aim is to scare the country’s enemies, says retired General James Cartwright, author of the Pentagon’s current cyber strategy.

    Responsible for that strategy is the 900-employee Cyber Command at the Pentagon, established three years ago and located in Fort Meade near the National Security Agency, the country’s largest intelligence agency. General Keith Alexander heads both organizations. The Cyber Command, which is expected to have about 4,900 employees within a few years, will be divided into various defensive and offensive “Cyber Mission Forces” in the future.”


  16. Bitcoin, silver, gold. I can’t help but chuckle at everyone trying to hide their money by the ‘least’ conspicuous tree in the shire!

    You can’t eat precious metals; and they’re only worth what someones prepared to pay for them. It may have escaped the attention of some, but while the working class and the underclass were getting screwed and you were totting up your loot, the big bad government turned it’s sights on you! No room for more than 2 class systems in this town; just the rich and everyone else.

    Embrace your neighbour wholeheartedly and without predjudice, for without solidarity, thou shalt reap what thou hath sown!


  17. Thanks to the arrogant European Union, British ex-pats with deposits in the Bank of Cyprus will be screwed for 37.5% of everything they’ve got over £85K. Those saving with Laiki Bank face an 80% grab. This grand larceny isn’t for the benefit of Cypriots – it’s purely and utterly to save the Euro.

    The doomed currency is already responsible for more theft than Bernie Madoff. The Cypriot people would have been much better off if they’d been allowed to leave the Eurozone and devalue, but that doesn’t suit our political masters. Euro-fanatics would sooner help themselves to your hard-earned dosh than give up on this dream.

    Whatever will they home in on next? I wouldn’t put it past these creeps to start breaking into kids’ piggy banks. This is no democracy: the will of the German parliament outweighs the rights of the Cypriot people. They’re the daddy, Cyprus is their bitch.

    It isn’t over yet. Jeroen Dijsselbloem, who heads the Eurogroup of Eurozone finance ministers, says this is the template for ALL eurozone countries. You heard that right. If you live in a country whose currency is the Euro then your rulers believe they can do what the hell they like with your money.

    Something to mull over if you’re Spanish, French or Italian with a few hard-earned quid in the bank.


  18. Agreed ! It is the same with the HRA defence claims by those that our leaders pretend to want to expel. There are national security ‘get outs’ which would allow them to be put on a plane if the leaders so wished. They just want to pretend they are working within the law for appearances sake. When really both the UK and the EU are now ‘lawless societies’ – the law is whatever they say it is………. And a lawless society cannot do anything but fail.
    That said I would not want any modern politician getting anywhere near defining a (new written) constitution for the UK, because they would not be doing it for OUR benefit but for their own !


  19. Except when considering the UK housing market, sustained as if by magic, though really by the fast-depreciating savings of others. You can sustain a bubble if you have the financial asset-holders by the throat.


  20. I disagree. Those fired by, or simply employed by, large organisations seem only too able to enforce personal contracts. It depends who you are and who your potential payers are. Especially in the state or quango sector (including the BBC), financial services and in the EU commissariat, hugely generous personal contracts survive and are breeding. Others will not be so lucky. If in doubt work for a government. They usually look after their own, using their ability to draw on funds without limit (or at least to print what they like). This is a mess. Parity of treatment should be normal, not a rarity. Such egregious differences will cause even more resentment if they continue much longer.


  21. Do you think the writers of the summaries have read the reports? In my experience they just write whatever they like.


  22. Well some are better than others. I think the US constitution was a genuine attempt to do good, whittled away by a lot of amendments.


  23. If they have quids in the bank, they have only to worry about the UK and its somewhat disastrous economy, offset by the routine devaluations of the £. On the other hand, if their bank accounts hold Euros, life will be very amusing. However, up to now, their savings have not been devalued, whereas ours have, by a lot. That will change, I suggest.


  24. I agree entirely though I definitely think Bitcoin offers a glimpse of the future.

    Under the gold standard, for every $10 bill there had to be $10 worth of gold in the US Treasury. In 1934 there was no longer sufficient gold to cover the value of the paper currency being used. Because there was plenty of silver in world, America then issued silver certificates, but then along came expenses for the 2nd World War, and the country wasn’t able to maintain sufficient silver reserve to adequately cover it’s paper currency either. What happens when the US goes off the gold and silver standards entirely and prints bills of credit? In other words banknotes issued by a government and designed to circulate as money. You basically have a barter system of certificates issued by the government, that are unacceptable in trade with the rest of the world.

    I am convinced that this Cyprus thing is the trigger to a world revolution that will change the financial system. The money system simply HAS to change:

    “Bitcoin allows people to securely store and exchange value on a network that cannot be seized, manipulated or stopped by any organization or individual. It gives many powerful tools to the people so that it is easier to protect individual rights against various levels of corruption.”


  25. DiP, your frustration is understandable but I am becoming more and more convinced that depositor liability is the cornerstone of a sound banking system. No safety net between depositers and an unwisely chosen banking relationship will impose discipline on the system more effectively than any other method. I know, I know — some people will lose unfairly, retail banking costs will rise, how do we protect “the little guy,” etc. But abandoning the system is such an extreme solution that we should examine others first . . . and this one would be in everyone’s long term interest.


  26. Is there any way of finding out if depositors in eurozone countries have been moving their money out of the eurozone? If they’re not they are fools.


  27. bab on knee,

    WOW… you mean it is yours until the state decides that it is not… who would have thunk it…duh… you mean nothing changed in the last thousand years except technology… well well, I am totally dumbfounded that anybody could have imagined that what you think is yours is, because it never has been if the State decides otherwise.


  28. When I first learned about the term cognitive dissonance it was just another conceptual framework. When I learned enough about economics and finance to understand the scale of the fraud being perpetrated I experienced it first hand.
    The economic structures that have sustained us for the last generation are now tearing themselves apart and the more you try to explain this to some people the more their eyes glaze over and if you do something silly like present evidence you are denigrated to the level of a swivel eyed conspiracy theorist.
    And yes, changing my living arrangements to a sustainable footing has cost me almost everything but if I ceased to believe the obvious evidence that we are in deep doo doo I would be worse than those who choose to ignore the signs as I would have known the storm is coming and done nothing.


  29. Well all bubbles come to an end eventually, I suppose when the big trouble really starts interest rates may be forced up and then we’ll see property values fall. It is pretty impressive how they’ve managed to keep the bubble up by enforcing low interest rates and very tight planning laws. This of course has caused huge damage to other parts of the economy which they have been quite prepared to tolerate.


  30. My wife came back from Germany (where she sometimes works) with a 500 Euro note. Nobody will touch these notes in the UK to change into Sterling and many incorrectly believe that they have been abolished or are no longer legal (They are still legal tender in the EU but a voluntary agreement means they can no longer be bought with Sterling in the UK due to Government concerns re money laundering). The look of absolute horror at a bureau de change or bank is really quite funny. We eventually changed it at a bank in Frankfurt with no problem whatsoever.


  31. Spot on concerning the bearded one! We must try to get our politicians (and judiciary) to interpret the rules in the way WE think they should be applied, like the rest of our continental cousins.


  32. The degree of trust is provided by the State guarantee of up to €100,000 (or whatever it is in the UK), which was (eventually) upheld in Cyprus. Beyond that you are on your own. Protecting a significant amount of wealth from the predations of politicians, fraudsters and thieves is no easy job, never has been since the days of Adam. The best bet is what the really wealthy and powerful use – property. If they own it, they will protect it via the law. So as long as the politicians and uber-wealthy own land and houses, the rest of us peasants will probably be safe investing in them too.


  33. Pingback: John Ward – Global Looting Exclusive: Revealed – Just How Little The European Human Rights Convention Really Means – 5 April 2013 | Lucas 2012 Infos

  34. I thought the UK housing market was falling everywhere except London and the South East, propped up by dodgy foreign money.

    I live in a pretty chi-chi, up-market, southern english country town, and prices have fallen here in the last 12 months. I’m sure it’s a heck of a lot worse up-north.


  35. I wonder if in 2000 years time hoards will be dug up & schoolchildren will be taught that this was due to the onset of a dark age, due to the breakdown of a certain empire.


  36. Was the creation of a one party state in Germany constitutional?

    The Enabling Act was the key-and it was passed by dubious procedural means in the Reichstag. Without that Act there could not have been the one party state, I think, but stand to be corrected!


  37. @ Andrew:
    “Bitcoin allows people to securely store and exchange value on a network that cannot be seized, manipulated or stopped by any organization or individual….”
    Which is exactly why it will never be allowed to happen..


  38. @KJH
    But it is happening. There is nothing stopping you from creating your own Bitcoin Wallet, as others are already successfully doing.

    The bankers ought to be worried about bitcoin, though I suspect in the short term bitcoin is worried about the bankers. Wealth can be transferred into bitcoin, where its purchasing power can remain reasonably stable.

    If Bitcoin does indicate a relationship between its own value and purchasing power relative to banker currency, it will start an exodus into the new currency as people try to find a way to protect their assets and wealth from government-contrived currency devaluation.

    The banking dynasties learned how to suppress the price of gold and silver to support the illusion that paper money, especially that issued as debt, maintains purchasing power. Unlike gold and silver, which are have been rigged to maintain the illusion of a strong dollar.

    Bitcoin is a better way to measure objective values of banker currencies than the price of gold and silver because the world’s colluding central banks are rigging gold and silver prices with blatant shorting and interest rate derivatives that include mandatory US bond purchases, artificially holding up the value of the USD while suppressing price discovery of banker currencies relative to gold and silver.

    It’s unsurprising that bitcoin is now facing its first attack from the usual suspects – the IMF directed world banking cartels. According to the Wall Street Journal”

    “The arm of the Treasury Department that fights money laundering said Monday that the standard federal banking rules aimed at suspicious dollar transfers also apply to firms that issue or exchange money that isn’t linked to any government and exists only online.”

    We don’t need reminding that the USD itself is almost a virtual currency with billions of dollars of laundered drug money and tax payer money laundered through the IRS tax system each year!


  39. It was. Hitler came to power in a completely democratic and constitutional way, at least on paper. The flaws of the Weimar constitution, the lack of political will among the other parties, the blunt violence and threats against members of the Reichstag and their families, and many, many more reasons lead to this. Whole libraries have been written about it. The enabling act of 24th of March, 1933 was only one of many of such acts during Weimar times, but the most significant of all. It was democratically valid for four years exactly, after that, after the 24th of March, 1937, this enabling act was prolonged by the Nazi Reichstag (“the most expensive choral society of the Reich” due to the signing of the national anthem and the otherwise completely uselessness of this mockery of a parliament) , which was not a democratically elected body anymore, so after 1937 this act was illegal and invalid in terms of the Weimar constitution.
    After the enabling act of march 1933 the then forced-into-line Nazi Reichstag met 19 times and declared 7 laws up until 1942, its last meeting. The Nazi Reichstag never met in the original Reichstag building, which was damaged by fire, but in the “Kroll Opera House” opposite the Reichstag building. Hitler himself *never* entered the original Reichstag building, thus, contrary to what many people believe, he never spoke there.


  40. It just occurred to me how the rights circle can be squared. You have a right to a life on benefits courtesy of the state, but not a right to take responsibility for yourself and your savings. Thank you big brother.


  41. Thanks.
    Just shows how little protection a badly written constitution provides-and much less an unwritten one as we are currently discovering!


  42. The Bible forbade the taking of a poor persons essentials, and told rich folks to leave a good portion of field for gleaning. Nowadays rich folks grab grab grab, grab everything they can lay their talons on, even the rags of the poor get siezed on by the rich, no more going down the tip for poor folks to get themselves something nobody really wants, no, because now thats called STEALING, they wont even let poor people pick something out of the dustbin without some rich nob head trying to accuse them of stealing, all the charity shops, they get all the donated goods free and they sell them for almost what you pay for brand new half the time, I call that stealing, stealing from the poor, but who cares apart from the poor and even most of them want to stab one another in the back!


  43. @WAD Likewise……. :) though I do have a smallish :) store of provisions for long term ‘enrichment’, built up over a few years……… and in time I do not think a use by date is going to be worth a hill of beans to the majority.


  44. @Carys……. but is this not exactly the point…….. some law is enforced whilst other law (e.g. EU Bailouts) is ignored when it is deemed necessary. Obarry visit to UK several years ago……. they literally just added the locations as a handwritten insert where he was likely to be, to the list of ‘public’ places where the smoking ban was not applied…… these are just 2 small examples where ‘the law is what we say it is’ have been applied and we all know that if you are big enough, TPTB will cover your arse or the ‘not in the public interest’ CPS, or a tame judge will ensure little or no sanction.

    Contract law in the way you state is pretty much applied but ‘buy offs’ are easy where contract is not held on an individual basis given the individual vs Corporate in a high cost court battle. Contracts are broken every day and people get payoffs to settle ‘out of court’ and gagging orders or ‘no admission of responsibility’ is the permitted breach filler.

    Hows about the BBC chappie who got a huge pay off to ‘resign’ ? If he was guilty of anything which required his head to roll (and not just a well paid fall guy prepared to take the fall in return for the wedge) then there should have been no pay off.

    These are really just ‘petty’ of the top of my head type examples of lawlessness…..

    The law……. IS what they say it is………. which means the favoured ones rule by dictate………. the little guys are stamped upon hard, to ensure compliance with what they say the law is ! And it is not for OUR protection against the state, which is what it SHOULD be about :)


  45. It is not the constitution which is the problem………. it is those who choose to ignore both its words or the spirit of those words who are the problem………… as per Nick Clegg on the 1688 Bill of rights “some old out of date laws” (or something similar)…….. they do not understand the importance of these defining moments in civilised society because they care nothing for it……… it is only their own personal interests and advancement in which they care ! These people are in my opinion evil and a danger to the people who they aim to rule at any price.


  46. If it is a given that recent machinations would destroy the euro, then perhaps the quote below gives the glimmer of a reason.
    “Today, America would be outraged if U.N. troops entered Los Angeles to restore order [referring to the 1991 LA Riot]. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond , whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government.”

    Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1991


  47. Impoverished Psychologist,

    Whilst I am not disagreeing with you, changing your living arrangements to a sustainable footing, actually means finding somewhere very remote and living like a peasant. Yes, its possible even in the UK – but is it any fun? I know a couple who did it 8 years ago. It was incredibly tough for them, and they only just survived, and then – he didn’t. They were both as fit as a fiddle, but I think the stress just got to him, he got cancer, and a few months later keeled over and died. Now she’s left working their little farm in very remote Cornwall all alone.

    It may actually be more fun, to hold your ground and continue your life as it is. Total collapse may not happen. It might be relatively mild. Sure its sensible to take some basic precautions just in case the cash machines don’t work for a few months, but maybe it won’t come to that, and we will all just get gradually poorer, but things will still work most of the time.



  48. Pingback: GLOBAL LOOTING: How the Fat Cats will ruin us with Fat Tax | The Slog. 3-D bollocks deconstruction

  49. Pingback: John Ward – Global Looting – How The Fat Cats Will Ruin Us With Fat Tax – 12 April 2013 | Lucas 2012 Infos

  50. Pingback: The debt-management stage of banks and globalist superpowers is over. The tax collection is now under way. |

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