The Tonka Report

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Archive for June 2nd, 2010

Bilderberg 2010: Globalists In Panic Over Imminent Euro Collapse

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June 2, 2010: Paul Joseph Watson / Prison – June 2, 2010

The presence of Spain’s heavyweight political and financial leaders at this year’s Bilderberg conference is not just because the secretive annual confab is taking place just outside Barcelona – it’s because the Bilderberg elitists are panic stricken at the possibility that their embryonic global currency – the euro – could be heading for total collapse.

Highlighting once again how increased exposure of Bilderberg and their motives on behalf of activists over recent years has contributed towards the agenda becoming an open conspiracy, the London Times, perhaps the biggest establishment newspaper in the world alongside the New York Times and the Washington Post, was the first mainstream publication to break the silence on hundreds of global power brokers meeting in secret at the Hotel Dolce resort in Sitges over the next few days, with a report entitled Secretive Bilderberg Club ready for protests.

For the Times to name the most influential figures attending the event and reveal what they will discuss is a far cry from how the corporate media treated Bilderberg in the past, when they were loathe to even acknowledge its existence.

According to the report, David Rockefeller and his colleagues will be graced with the presence of Spanish Prime Minister Luis Rodriguez Zapatero, who will give the opening address, as well as Miguel Angel Moratinos, the Spanish Foreign Minister, and Pedro Solbes, Spain’s former Economy Minister. One of the primary topics of conversation will be “the future of the euro”.

These three men will undoubtedly inform their globalist masters as to whether or not Spain is likely to go the same way as Greece, which if it happens would probably be the death knell for the euro single currency, and in turn a hammer blow to long term plans to implement a global currency, which IMF chief and BIlderberg member Dominique Strauss-Kahn recently told a gathering of elitists in Zurich was one of the prizes the elite wanted to plunder from exploiting the economic crisis.

Spain’s economy is in tatters not only because of the global economic meltdown, but because of the country’s disastrous efforts to implement the “green economy” that is mandated as part of what EU Commission chief and prominent Bilderberger Jose Manuel Barroso called the “post-industrial revolution”.

The impact of this deliberate agenda to lower living standards in the west is being felt most painfully in Spain, where the unemployment rate is around 18 per cent as a result of 2.2 jobs being lost for every “green” job created.

A newly leaked internal document from Spain’s Zapatero administration outlines how Spain’s “green economy initiatives” have been a financial disaster. The report suggests that the real rate of job losses as a result of “green” policies is in actual fact worse than 2.2 jobs lost for every one gained, and that the “green economy” must be abandoned if the country is to save itself from economic ruin.

If Spain goes down then so does the euro, a scenario that petrifies Bilderbergers whose ultimate dream of a one world currency rests in shoring up confidence in the euro, to the point where the European Central Bank now routinely manipulates and intervenes in the forex markets on a weekly basis in an effort to prop up the ailing single currency. Some countries aren’t convinced and are already running for the exit door, with Iran and some Gulf states dumping the euro and buying gold bullion.

In bailing out Greece the European Union broke the terms of its own Maastricht Treaty, and in doing so exposed the fundamental flaw of any overcentralized political or financial power structure – that it is only as strong as its weakest member.

This is why Bilderberg are panicking over the fate of the euro and looking towards Spain’s political leadership for some kind of reassurance that everything is going to be OK. If the euro were to go under, it would expose the inherent weakness of continental monetary unions and all but derail the wider agenda for a one world currency.

As the Guardian’s Charlie Skelton points out, Spain will be hoping that the arrival of Bilderberg doesn’t herald the same fate suffered by the last country to host the globalist summit – in 2009 the elite gathered in Greece and within 12 months the country was bankrupt and its people were rioting on the streets.

Bilderberg’s 2010 conference runs from tomorrow until Sunday. Listen to The Alex Jones Show and keep up to speed with the websites to get the latest breaking news from our sources inside Bilderberg.

The Tonka Report Editor’s Note: And just like the contrived economic collapses before WWI and WWII, the only ace in the hole these globalists have left is to start another world war… – SJH

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Irish Ship MV ‘Rachel Corrie’ On Collision Course With Israeli Navy

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June 2, 2010: Patrick Cooper / Irish Central – June 2, 2010

The ‘Rachel Corrie,’ the Irish-owned ship with Nobel Peace Prize winner Mairead Maguire on board, continued to sail towards Gaza waters despite Israel making it clear they were giving no guarantees about its safety.

Maguire said the deaths of ten flotilla members at the hands of Israeli commandos had not deterred her or her fellow Irish blockade-runners. “We’re not frightened, no,” she said in an interview.

Meanwhile, Ireland‘s leader warned that the Irish government was watching the fate of the ‘Rachel Corrie’ very closely. “If any harm comes to any of our citizens, it will have the most serious consequences,” Prime Minister Brian Cowen said.

The Rachel Corrie, named after an American activist who died protesting Israeli actions, had been left behind the main flotilla in Cyprus for repairs and is only now approaching Gaza. On board the boat  is an aid cargo of  cement, medical equipment (including a CT scanner)  printing paper, schoolbooks and toys.

The ship, which was bought by the Irish Free Gaza Movement and refitted after it was abandoned in port at Dundalk, County Louth,  is now heading for a showdown with the Israeli navy.

But Irish Foreign Minister Micheal Martin confirmed to the Irish parliament  that he had received no undertaking from Israel that the ‘Rachel Corrie’ would be given safe passage. “In terms of the ‘Rachel Corrie’, we have received no assurances other than that the ambassador has conveyed to us that the Israeli government does not want conflict or confrontation with the ‘Rachel Corrie’. So one would hope that a different mindset will prevail,” he said.

Martin warned the Israeli government he would take “appropriate diplomatic action” if the ship was not allowed through. “We will be watching this situation very closely and it is imperative that Israel avoid any action which leads to further bloodshed,” he said. Prime Minister Brian Cowen reinforced  the message by saying Israel “did not have a leg to stand on” and  warned there would be “serious consequences” if the Irish crewmembers of the ‘Rachel Corrie’ were harmed.

The Tonka Report Editor’s Note: Unlike the traitor and Zionist shill Obama and this treasonous administration and Congress, the Irish government has the cajones to stand up to the Israeli pirates, murderers, and international war criminals… – SJH

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Iran Set To Dump 45 Billion In Euros For Gold Bullion And Dollars

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June 2, 2010: Paul Joseph Watson / Prison – June 2, 2010

The Central Bank of Iran is set to dump a whopping 45 billion euros in exchange for gold bullion and dollars as Gulf states also prepare to flee from the ailing single currency amidst debt turmoil in Europe that threatens to disintegrate the entire region.

According to the Iranian state website Press TV, Iran’s central bank has already begun converting its euro reserves into gold and dollars as a response to the “downward spiral” of the euro, in the first of a three phase movement to flee from the currency.

The report also claims that Gulf states are also beginning to switch their euro reserves into dollars and gold as some forecast the single currency could sink to parity with the U.S. dollar by next year. “The new decision comes as the financial crisis that began in the US about two years ago resulted in the sharp devaluation of the dollar, pushing the Iranian government to order the replacement of the greenback with the euro in the country’s foreign exchange accounts,” adds the report.

This is all a far cry from the days when businesses in New York accepted payments in euros as the currency reigned supreme over the beaten up U.S. dollar. The European Central Bank has blatantly been manipulating currency markets over recent days in an effort to rescue the euro, which has been in free fall.

Sinking to as low as $1.2111 yesterday, the euro staged a rapid and dramatic recovery against the dollar, soaring back to 1.2339, an intraday move of 250 pips and a transparent intervention that had “all the grace of a drunk Keynesian at an Austrian economists meeting,” reports Zero Hedge. But while central bank interventions would in the past keep a currency buoyant for days or weeks, the euro immediately slipped down again, indicating a clear crisis of confidence and a currency in terminal decline.

Gold has hit record highs against all major currencies in the last few months as it remains the only true store of wealth in times of economic chaos and depreciating fiat money. Demand for the precious metal is once again hitting fever pitch as the U.S. Mint announces that it has sold 190,000 1-ounce American Eagle gold coins in May, the largest amount in a single month for over 11 years.

Buyers in Europe are also desperately scrambling to purchase the scant amounts of gold available, with the Greek Central Bank now selling one ounce coins at the equivalent of $1,700 dollars, nearly $500 dollars above spot price. “As long as governments continue to struggle with spiraling debts and are forced to crank up the printing presses, gold will continue to outperform currencies, a situation which is unlikely to change any time soon,” we wrote on April 30.

Now gold bulls like Peter Schiff are predicting the incredible – that gold could soar to around $10,000 an ounce as a consequence of a dramatic fall in supply due to significantly less gold mining. Gold companies now have to drill as much as 2.3 miles to get to the yellow metal in places like South Africa, whereas central banks merely need to press a button to increase the supply of depreciating fiat money.

The Tonka Report Editor’s Note: I applaude Iran for saying f___  you to the international bankers… – SJH

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