here is some Intel that i got from the Blaze. com
http://www.theblaze.com/stories/glenn-beck-greece-qe3-and-italys-return-to-fascism/ the title is Glenn Beck: Greece, QE3 and Italy?s Return to Fascism?
here is some exerts from the article that I found to be interesting that also consolidate with the Italians ban on cash transactions and our own US treasuries.
" ?last week?there was a record monthly dump of Treasury paper from the Fed?s custodial account amounting to some $69 billion, the week ended January 4 has seen yet another outflow, this time amounting to $9 billion in U.S. Treasurys.
This is the 5th week in a row of foreigners selling U.S. paper, and while it has yet to match the record 6 weeks of outflows from October?the consolidated outflow notional is now a record high at $77 billion, higher than the previous record of $52 billion.
Needless to say banks from around the world are repatriating dollars. The question is what they are converting the USD into, and how much longer will the go on for: the last thing the U.S. can afford is a wholesale dumping of its Treasurys.
Needless to say banks from around the world are repatriating dollars. The question is what they are converting the USD into, and how much longer will the go on for: the last thing the U.S. can afford is a wholesale dumping of its Treasurys.
?They are converting dollars into something. We don?t know what,? Beck said. ?It could be gold, could be diamonds could be ? we don?t know! Meanwhile, we are trading just like MF Global. Our U.S. dollars! While our Fed is giving our dollars for crappy euros, the Europeans are at the same time taking our U.S. treasuries and dumping them.?
An even more frightening (indeed, perhaps the most frightening) development in the EU is the possible resurrection of fascism. Many analysts fear that some eurozone countries, Italy especially, will revert to fascist-style systems of control in a desperate bid to cope with their financial crises.
?They put in an unelected government ? no accountability, no time to elect ? they will be there for unspecified amount of time. We have a university professor who used the state to slowdown corporations that got too big. This guy was with Goldman [Sachs]!? said Glenn Beck.
?These guys have gotten together and made cash transactions over more than $1,000 dollars illegal! That?s phenomenal!? Beck said
?The existing regime, the new technocrats in Italy, indicated this level will be progressively reduced to $300. Basically, almost every transaction will be monitored and tracked. They are closing down anything that needs to be traded, credit card companies track everything and banks are allowed to stop withdrawals of more than $10,000.?
This sounds pretty serious.
?It?s already happening here in America. They track you. In Italy, they can deny withdrawals. In Switzerland, they have placed cameras at the physical borders to register all license plates,?? Beck added."
Hope this Intel helps out. We will see what pans out from here.
fox
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