The End of Everything
By Jim Kirwan
“Detroit is under attack by the international banking elite.
The gutting of Detroit, its public works, its social programs and all human safety nets is the same Bankster-genocidal model used in Cyprus and Greece.
This is also the model for countless other large cities in the
If the cartel banks are not tied down with rule of law and
prosecuted for crimes already committed, the Banksters will take it all.”
This IS austerity. This IS a model for genocide. The financial elite consider any restoration of Glass-Steagall “an ACT OF WAR”. But it’s clear that the Banksters have ALREADY declared war, on the people. (1)
What will YOU do to stop them?
“I’m calling on the Detroit City Council to reject, and instead to publicly call for and fight for the reinstatement of ~ Glass Steagall ~ to break up the too big to fail banks.
… It is clear that 75% of major cities enter into interest rate-swaps. These Interest rate swaps were entered into against cities at the highest level: At the London internet offered Libor rate the bank authored rate. This is murder. This is not insider-trading this is murder. It has resulted in cuts that have killed people. There are people at the highest level involved in this. I call upon the people of Detroit to tell the bankers that they are going to jail.
…When AIG failed, Detroit’s interest rates went up. We got hit by default and in the meanwhile they (AIG) still got bailed out and the owners got bonuses after being bailed out by the Federal Government. When they failed they had agreed to stand behind our debt. When they went down our rates went up. ~ That should be renegotiated in Detroit….
This week the City of Detroit has become the largest municipality in US history to file for Bankruptcy, chapter nine. Four months after the appointment of an unelected emergency financial manager, Kevyin Orr, to restructure the debts and finances of Detroit a bankruptcy petition was filed on Thursday of last week which would allow the city to default on billions of dollars of outstanding debt owed to pensioners and other employees many of whom have no other source of income, to support themselves and their families.