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27 Dec, 2013 14:44

How economic warfare killed the People's Bank

How economic warfare killed the People's Bank

London Mayor Boris Johnson calls it 'soft power' but the big guns have opened up on Western civilization.

The ‘War on Terror’ is the mainstream media's name for the Western power elite's crusade to destroy the very concept of an earth freely given to its inhabitants. Driven by insatiability for ever more power in the face of their own criminality, their aim is to own the earth and everything in it. Even the millions profiting from their Quantitative Easing (QE) now, in the casino economy, are ultimately doomed to become their victims.

The call now is as stark as that declared by Britain's wartime leader Sir Winston Churchill on 18th June 1940: "The Battle of Britain is about to begin. Upon this battle depends the survival of Christian civilization." The world had better understand how it is being fought if Christian or any other civilization is to survive the coming military, economic and environmental crises.

This war is as much for the control of territory and natural resources as any other, but much of NATO countries' war fighting resources are going into what London's conservative mayor and former member of Oxford's elite Bullingdon Club, Boris Johnson, calls "soft power”. Chief among these coercive instruments are economic, psychological, cyber, SigInt [Signals Intelligence] and space warfare. The shift to these new battlefields is to wrong-foot two different 'target' audiences: both the 'enemy' and the West's domestic populations.

This shift in emphasis, by the military and commercial partners they steal resources and territory for, signals the rise of the totalitarianism the world hoped had been banished forever in 1945. All honest brokers are being eliminated: the post-9/11 world has seen institutions critical to national security, key financial, military and cultural infrastructure all keeling over in the cross-hairs.

Pentagon's Information Operations illegally targeting senators

As foreign wars are failing, this 21st century war fighting machinery, like the 'Eye of Sauron' in J.R.R. Tolkein's 'Lord of the Rings', is being turned against activists, politicians and journalists in the domestic populations.

US Investigative Journalist Michael Hastings told an incredible story when he returned from his 2010 trip, embedded with US general Stanley McChrystal in Afghanistan. The Pentagon, he revealed in his award winning book 'The Operators', spends $4.7bn of public money annually employing 27,000 psychological operations, marketing and public relations staff around the world. Their daily mission: to push the Pentagon line into the West's national newspapers and broadcast bulletins.

Military staff working on 'Information Operations', Hastings explained in his 2011 Rolling Stone article headlined 'Another Runaway General' , are organized into cells, given specific enemy individual, social media or group targets and precise mission objectives. Hastings documented that ‘Lt. Gen. William Caldwell, and his staff' ordered Lt. Colonel Michael Holmes' I-Ops cell in Kabul not to target the enemy, but visiting US Senators.

Holmes refused to accept that senators could be US psychological warfare targets, so he took Caldwell's written order to two Judge Advocate General's (JAG) lawyers who both agreed he had been given an illegal order. Rather than being vindicated by the command though, Holmes was targeted as a troublemaker by Caldwell. So this where we are: honest, senators and law abiding US army Colonels are now the Pentagon's enemy number one.

When Michael Hastings died in a suspicious fiery Mercedes C250 crash this summer, many believed he was assassinated by a cyber-attack on his car's onboard computer. Whether or not the German car maker can tell if the car was hacked or were even complicit in the killing, Mercedes are not saying.

The Pentagon building in Washington, DC. (AFP Photo)

Extermination of 'The People's Bank' in Britain

The crooked PsyOps and cyber warriors may have been busy but the army of economic soldiers has not been idle. 2013 has been the culmination of a spectacular campaign launched by City of London Hedge fund divisions and government officials against an unsuspecting 'People's Bank' in Britain.

The Co-Operative Bank was founded on ethical principles in 1872 to provide savers with low account fees and an ethical investment policy aimed at building communities, which was formally adopted in 1992. Priority was given from the start to funding collectivist enterprises where managerial power and profits were shared among the workforce and wider membership of co-operative businesses. The bank was a 'mutual' which means it had no shareholders being owned by, and run for the benefit of, its members.

A decade ago a brief 'skirmish' item in the UK national news told of a 'spy' being detected and ejected from Co-op bank's board. This should have sounded the air-raid warning sirens, impelling the bank's senior management and remainder of the board to urgently take up the services of a trustworthy probity and governance expert, but warning signs were not heeded.

In 2009 the bank was persuaded to merge, disastrously, with Britannia Building Society, a move they now say is responsible for losses of over £250 million in 2012 alone. From August 2011 to April 2013, the Co-operative Bank was encouraged by Chancellor George Osborne and H.M. Treasury to pursue an extremely costly and ultimately abortive bid for more than 600 branches of the government owned Lloyds bank.

The latest debacle saw the appointment, presumably through a compromised appointments committee and/or recruitment consultants, of an entirely inappropriate Chairman with no experience of banking. Paul Flowers resigned in November 2013 but is also facing criminal charges of possession of ketamine, crack cocaine and crystal meth drugs.

Serious questions are being asked too about the financial statements supplied to the senior Co-op bank managers and board by the bank's virtually unregulated auditors, KPMG. It was they that signed off the accounts of the poison chalice HBOS, the merger that badly wounded RBS, helping to precipitate the 2008 financial crisis and public bailout.

Whether the Co-operative survives these assaults as an ethical bank that continues to give savers a reason to use it, only time will tell, but 'The People's Bank' looks highly likely now, majority controlled by hedge funds, to be subsumed into the City of London's criminal cult of HSBC, Barclays, RBS and the rest.

The effect of these covert economic warfare operations is to destroy competition and sap the morale of domestic populations and honest institutions to resist the financial elite's utilitarian might-is-right capitalist values. Society's honest, gifted and creative are demobilized while the docile and credulous are perversely propelled to positions of power.

Lack of obedience to one's 'financial betters' higher up the bestial 'pecking order' is being increasingly punished with joblessness, impoverishment, homelessness and starvation.

AFP Photo/Justin Tallis

This 21st century fascism is a throwback to Victorian servitude. Unlike the past though, it is internationalist, encompassing all Western countries and centered around the twin United States' of America and Europa, the counterfeit democracy power houses both controlled by the same corporate elite.

Perhaps the cultural benevolence and prosperity Western governments and financiers bestowed on their fellow countrymen after World War Two was really just a brief respite from the normal situation: brutal feudalistic repression to which we are now returning? Only this time, due to the success of the financial elite & EU's stealthy assault on national political and military power, they are acting more secretly than ever before.

This is World War Three, there are no rules

As former US Marine Corps Staff Sergeant Jimmy Massey, now part of the US Chapter of 'Veterans For Peace' puts it, "This is World War Three, there are no rules. The rules went out the window on September 11th." Jimmy should know, he was privy to scores of secret intelligence briefings from the Pentagon.

These words spoken to Venezuelan public service TV Station, TeleSUR, may not be surprising to some but the message they convey that 'the coalition of the willing' have shredded international treaties such as the Geneva Conventions and other 'rules of war' should shock the world.

In the decade that the last veterans of World War Two are passing away, so Obama's kill list 'double tap' drone strike massacres are appearing at more and more Pakistani & Yemeni weddings and funerals. Even the rudimentary rules of war, loosely adhered to in Two World Wars, are being cynically discarded as first hand memory of those wars is fading.

By opening up on their domestic population the West's financial cults and their political puppets have crossed a Rubicon. Their mainstream media propaganda is in a credibility cul-de-sac and their only way out, outside a jail cell or a scaffold, may be slaughtering as many of their citizens as possible before the rest tumble their diabolical plan.

In the past they relied on conning people, but that is not so simple in the information age. This time generations have grown up reading Orwell's '1984' and Huxley's 'Brave New World'. This time they will have a fight on their hands, a fight they cannot possibly win. Not even if they take us all back to the stone age in the attempt.

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of RT.

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of RT.

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