EU Affiliation and International Bankers Will Destroy Ukraine Sovereignty
by John-Henry Hill, M.D.
Published: February 1, 2014
Amended: February 28, 2014
NOTE: As of today, February 28, 2014, the International Bankers and EU already control the Ukraine government. HOW????
The newly-appointed National Bank of Ukraine (NBU) chairman is STEPAN KUBIV. Kubiv used to be head of Kredobank, the bank with the largest Polish investment in banking institutions in Ukraine. Kredobank national network within Ukraine contains a central branch and 130 branch banks. Today, European investment comprises 99.6% of the share capital of Kredobank, Ukrainian capital amounts to a mere 0.4%.
ARSENIY YATSENYUK is the new prime minister of Ukraine. “Yats”, as Victoria Nuland, the Assistant Secretary of State for European and Eurasian Affairs at the U.S. State Department, called him, is a natural choice: he is a millionaire former banker, with close ties to Kubiv, the IMF, Wall Street investment banks, the Federal Reserve and European central banks.
The acting-President of Ukraine OLEKSANDR TURCHYNOV is also the Chairman of the Ukraine Parliament and deputy chairman of the Batkivshchyna political party (All-Ukrainian Union “Fatherland” party) of Yulia Tymoshenko. He entered politics as head of the agitation and propaganda division of the Dnipropetrovsk Oblast Communist Youth League. He became political patron of Leonid Kuchma. After Kuchma became Prime Minister in 1992, Turchynov headed to the “greener fields” in Kiev. In 1993 Prime Minister Kuchma appointed him as his economics advisor. He is a master political opportunist and will what he is told, as long as he is paid
February 1, 2014
As an American who lives part of the year in Ukraine, I am stunned by the ignorance demonstrated by many American newspaper journalists regarding the Ukraine – European Union situation.
Many European economists are asking the question: Why would any country want to follow in the footsteps of Greece, Italy, Spain, Portugal, Ireland and Cyprus? Ukraine cannot possibly compete with European manufacturing corporations; and therefore Ukrainian manufacturers would be destroyed, along with the jobs they have created. Ukraine farms would be destroyed by EU regulations and gradually sold off to European interests, after which food prices in Ukraine will skyrocket. As Ukraine falls behind in its debt repayments, the EU and international bankers will force Ukraine to sell off (so-called “privatization”) state-owned assets, such as its ports, airports, railroads, banks, gas pipelines and even land – just as Greece, Italy, Cyprus and others have been forced to do. And when the Ukraine banks fail, the money deposits of the Ukrainian people in those banks will be seized, as in Cyprus. The European Union is all about control and seizure: the control of people through edicts from the European Union Commission and the seizure of assets from governments and people after interest on debt goes unpaid.
Precisely what did the EU offer to Ukraine in its proposed “cooperation agreement”? The EU offered Ukraine a mere $160 million U.S. dollars per year in credit (less than Ukraine’s yearly INTEREST payments to EU banks), while restricting Ukrainian exports to the EU and easing restrictions on EU exports to Ukraine. Putin countered by offering Ukraine $15 billion dollars in long-term credit to Ukraine, reducing natural gas prices by 33 percent and easing restrictions on exports from Ukraine to Russia. Even for the corrupt Ukrainian President Victor Yanukovich, the infinitely better deal offered by Russia was a “no brainer”!
1.) The government of Britain, which does not use the Euro as currency, has publicly acknowledged that over 70 percent of its new laws are dictated by the EU bureaucracy. Not only can the unelected European Union (EU) bureaucrats (called the “Commission”) enact new laws for all EU member countries, they can also nullify laws legitimately passed by any nation’s parliament. Consequently, Britain has been forced by the EU to accept huge numbers of unwanted immigrants who then drive up housing prices, while receiving government subsidies from the British government. And what does Britain receive in return? Why, the “privilege” of paying the EU 55 million British pounds per DAY which means 20.1 BILLION British pounds per year (equal to $33.45 BILLION U.S. dollars per year). Any Americans who smugly think, “How could the British be so stupid?” should realize that under the current NAFTA (North American Free Trade Agreement), NAFTA bureaucrats can also nullify U.S. laws and issues fines to the U.S. government, which even the U.S. Supreme Court cannot over-rule. Further, the proposed TPP (Trans Pacific Partnership) agreement would allow TPP bureaucrats the same rights under international commercial law to nullify U.S. laws, without the right of appeal to U.S. courts!
2.) Even the economic and manufacturing powerhouse Germany cannot escape the clutches of the EU and the international bankers. When Greece and Italy needed bailouts from the ECB, the European Commission pressured Germany to “boost its domestic demand” by enacting laws penalizing the savings by the German people and thereby pressuring them to “spend now”, especially on goods and services from other EU countries. The German people refused and Chancellor Merkel was forced to deny the EU Commission’s demands.
3.) The IMF, the World Bank, the Bank of International Settlements (BIS) and even the European Central Bank (ECB) are ALL private corporations – as is the U.S. Federal Reserve – owned by private international bankers. Their loyalty lies to their shareholders and, as such, their goal is profits for these shareholders. Their goal is NOT to help the people of various nations, but instead to gain control of a country’s economic and natural resources.
Just who allowed the weaker nations of southern Europe to join the EU in the first place? In early 2010, it was revealed that through the assistance of Goldman Sachs, JPMorgan Chase and numerous other international banks, financial products were developed which enabled the governments of Greece, Italy and many other European countries to hide their borrowing and massive debts. (“Rehn: No Other State Will Need a Bail-Out”. EU Observer. Retrieved 6 May 2010; “Greece Paid Goldman $300 Million To Help It Hide Its Ballooning Debts”. Business Insider. Retrieved 6 May 2010). The facts are that Greece, Italy, Spain and many other EU nations can NEVER repay their sovereign debts to the international banks – and the EU and the international bankers knew this long BEFORE the crisis of 2008 – they knew it before the EU was created and the Euro currency adopted!
In 2012 the economist Martin Feldstein wrote, “The euro should now be recognized as an experiment that failed”. Economists, mostly from outside Europe, and associated with Modern Monetary Theory and other post-Keynesian schools, condemned the design of the Euro currency system from the beginning, and have since been advocating that Greece (and the other debtor nations) unilaterally leave the Eurozone, which would allow Greece to withdraw simultaneously from the Eurozone and reintroduce its national currency the drachma at a debased rate. Economists like Tyler Cowen who favor this radical approach to solve the Greek debt crisis typically argue that an orderly default is unavoidable for Greece at the long term, and that a delay in organizing an orderly default (by lending Greece more money throughout a few more years), would just wind up hurting neighboring European countries even more.
4.) In his book “Confessions of an Economic Hit Man” John Perkins revealed how, when working for the U.S. National Security Agency (NSA) spy agency, he pressured governments around the world to accept loans from the IMF, USAID, the World Bank, etc. He detailed how he and his colleagues induced the leaders of countries to place their nations into debt that could never be repaid, then funneled the debt repayments “into the coffers of huge corporations and the pockets of a few wealthy families who control the planet’s natural resources.” The tools employed by Perkins and his colleagues were those used by the Mafia: including “fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder.” When President of Panama Omar Torrijos refused to place Panama further in debt, Perkins personally warned him that he had two choices: Torrijos could accept further loans and become personally extremely wealthy OR he would be killed. Torrijos chose his nation and its people over personal gain and, according to Perkins, was later assassinated by the CIA. (Should Yanukovitch continue to refuse the EU deal, the international bankers and EU bureaucrats will most certainly not allow him to remain in power very long – UNLESS Russia intervenes with military force, risking a thermonuclear world war.)
Perkins described how governments, unable to make interest repayments on their sovereign debt, were forced “to ‘privatize’ their health, education, electric, water and other public services. Those countries were also forced to discontinue subsidies and trade restrictions that support local business and industry; and were forced to accept the continued subsidization of certain G8 businesses by the US and other G8 countries. Further, trade barriers on imports that threatened G8 industries had to be eliminated,” resulting in the wholesale destruction of small businesses and industry within many nations.
4.) The loss of independence and national sovereignty is not a hypothetical threat. One need only look at Greece. On October 31, 2011 Greek Prime Minister George Papandreou announced his government’s intentions to hold a referendum on the acceptance of the terms of an EU bailout deal. The European Commission (EC) vehemently objected and on November 10, 2011, George Papandreou was forced to as Prime Minister of Greece. The so-called Troika (EC, ECB and IMF) seized power in Greece and to this day still dictates to the Greek parliament and the Greek people. Greece has been devastated by the Troika’s “austerity” program which has produced previously unknown levels of unemployment and poverty in Greece, along with seizures of homes and businesses for failure to pay ever-increasing taxes. Further, all of the so-called “bail-outs” by the ECB and emergency loans by the IMF were paid directly to the international bankers to pay off the INTEREST on the national debt; the Greek government and the Greek people never received any funds. Finally, the Greek government has been forced by the Troika to sell off state-owned assets (i.e., “privatization”) such as water, gas and electric utilities, harbors and ports, railroads, public buildings, parks and other land – even many Greek islands are for sale!
5.) Italy was also a victim of the EU-IMF mafia-like tactics. The EU forced the resignation of Italian Prime Minister Silvio Berlusconi and, without any vote by the Greek people or their parliament, installed Mario Monti as the new Prime Minister of Italy on November 16, 2011, just a week after having been appointed BOTH as a “Senator for Life” and the Italian “Minister of Economy and Finances”. The Italian parliament issued a “vote of confidence” in Monti only AFTER he was appointed as Italy’s new de facto dictator. Immediately Monti’s new “technocratic government” of European bankers cut services to the Italian people, destroyed the labor unions, instituted numerous “austerity” programs. And “privatized” many state properties, such as ports, water supplies, utilities, etc. – all good for the mega-corporations and banks, but disastrous for the Italian people.
But, given Monti’s background, who would have not expected such actions? Previously Monti had served as an EU Commissioner. Monti actively participates in several major pro-EU, fascist “think tanks”; is a member of the Praesidium of Friends of Europe; was the founding chairman of Bruegel – the fascist, globalist think tank formed in 2005. Until being sworn in as Italian prime minister in 2011, he was the European Chairman of the pro-fascist Trilateral Commission based in the U.S. Monti is a leading member of the exclusive Bilderberg Group. He also served as an international advisor to banking giant Goldman Sachs and the mega-corporation The Coca-Cola Company. He has also been a member of the “Senior European Advisory Council” of Moody’s rating service; a member of the “Business and Economics Advisors Group” of the Atlantic Council; a founding member of the Spinelli Group, an organization launched in September 2010 to facilitate integration within the European Union. It is clear that Monti’s job was to keep Italy in debt, keep the interest payments to the banks flowing, since ALL of the bailouts to Italy went directly to the banker creditors and not to the Italian government or the Italian people.
6.) Mario Draghi, the president of the European Central Bank (ECB), is another accomplice to the raping of European nations by the international bankers. His background includes serving as governor of the private central bank, the Bank of Italy. He is a member of the Board of Directors of the private Bank for International Settlements (BIS). He is also governor for Italy on the Boards of Governors of the International Bank for Reconstruction and Development and the Asian Development Bank. Draghi was also vice chairman and managing director of Goldman Sachs International and a member of the firm-wide management committee from 2002–2005. He was former Chairman of the Financial Stability Forum, which became Financial Stability Board on behalf of the G20, bringing together representatives of governments, central banks and international financial institutions together. He was the Italian Executive Director at the World Bank. On August 5, 2011 Draghi co-wrote wrote the letter to the Italian government demanding the economic austerity measures that were soon forced upon Italy. In short, Mario Draghi is a creature of and for the international bankers; he is no friend of national sovereignty or of any nation’s people.
Therefore, the question remains: Why would any country want to follow in the footsteps of Greece, Italy, Spain, Portugal, Ireland and Cyprus? They have seen their savings devalued or seized, their jobs sent offshore, massive immigration, increased taxes, industrial manufacturing capacity dismantled, and police-state tactics increasingly employed in these so-called “free democracies”. Even in EU countries not using the Euro currency, such as Britain, the majority of the people now favor withdrawal from the European Union. Further, as Iceland has demonstrated, there is absolutely NO reason for any sovereign nation to have ANY national debt! A sovereign nation can simply print its own money, without the need for a central bank. The U.S. printed its own United States Notes (U.S. dollars) as “public money” from 1863 until 1913, when the private Federal Reserve was unconstitutionally delegated this power and started issuing its PRIVATE “Federal Reserve Notes” – “private money”. And in order to use this “private money”, the U.S. government was henceforth required to pay INTEREST on these private Federal Reserve Notes. By 1933 – a mere 20 years later – the U.S. declared bankruptcy and had to pledge as surety all its gold, land and the labor (present and future) of all its citizens to the private Federal Reserve. Today, ALL Federal income taxes collected by the IRS – also a private corporation – are sent to the IMF, which then gives these monies to the British private bankers and the Vatican Bank merely to pay interest on the U.S. national debt. However, as President John Kennedy demonstrated in 1963, the U.S. has the lawful authority to issue and use its own “United States Notes” (public money) instead of using “Federal Reserve Notes” (private money) on which we pay interest. Indeed, the U.S. Treasury actually printed and issued United States Notes as public money briefly in 1963 – until Kennedy was murdered.
As an American who currently splits his time among Ukraine, Scotland and Switzerland – plus travels throughout most of Europe – I can assure you that the Ukraine people experience political and economic freedoms that are but distant memories in the U.S. and Western Europe. Why? First, because most Ukrainian people avoid personal debt – they buy almost everything using cash. And if they use “plastic”, it is in the form of debit cards – NOT credit cards. Second, the Ukraine government simply lacks the technology infrastructure and money available to western governments to monitor and suppress its people. Governments in all nations soon become corrupt, regardless of political party – Ukraine President Yanukovitch is no exception; and the political parties opposing Yanukovitch are no exception. The European Union, as a creature of the post-World War 2 fascist international bankers and mega-corporations, was corrupt at its creation with the goal of consolidating political and economic power throughout Europe in the hands of a few unelected and unaccountable bureaucrats, known as the EU Commissioners. I hope the Ukrainian people reject any formal affiliation with the European Union, as the EU represents only economic disaster, political repression and loss of national sovereignty. Just ask the Greek people.