Category Archives: new world order

2004 McKinsey Report: Indian Informal Economy Dangerous

Posted on by

The roots of DeMo are deep in the globalization project.

The outsourcing agency responsible for the opening up of the Indian economy to Western interests, often in the most predatory fashion, was McKinsey and it was McKinsey that was bent on regulating and taxing the informal sector in India as far back as 2004.

Most tellingly, one of the reasons it gave for the need to introduce a Goods & Services Tax was the information such a tax would give on those businesses.

In business, information is money. Taxes thus become a way to subject rival businesses to surveillance and theft. The GST is next on Narendra Modi’s agenda, proving once again that the whole demonetization scheme is nothing more than the next step in the globalist project.

As a 2004 McKinsey report titled The Hidden Dangers of the Informal Economy put it pithily, “Informal companies evade fiscal and regulatory obligations, including value-added taxes, income taxes, labor market obligations (such as social-security taxes and minimum-wage requirements) and product market regulations (including quality standards, copyrights, and intellectual-property laws).” So far, governments in India have turned a blind eye to these illegalities, not least because they were worried about the consequences on employment and on the economy if they decided to enforce the rules. But it seems the present government not only wants to change that policy, but also wants to force the pace of change.

It is, of course, a laudable objective and the decision to force it through is a bold move. The big question though is: will it work? The McKinsey report is very critical of the informal sector, because its avoidance of regulation and taxes gives it an unfair advantage over firms in the formal economy, who are unable to increase their market share despite being far more productive and efficient. The report wants governments to start enforcing the rules against the informal firms, so that the formal sector benefits.

Significantly, it says value-added tax is a good place to start, since it enables the government to gain information about the informal firms and then go after them. It’s no surprise then that the government is trying to push through a comprehensive goods & services tax (GST). And that’s not the only place where the government seems to be heeding McKinsey’s advice—the report also says, “Another way of improving enforcement is for governments to partner with payments providers such as banks and credit card companies to increase the number of monetary transactions accurately recorded by the collections system and thus to raise the quality of the data available to tax enforcers.” The government’s push to a digital economy is precisely on these lines.

The expectation is that the short-term pain will lead to long-term gain. The benefits are expected to come from more tax revenue collected, which can then be used by the government to provide sops for the masses. The coming budget, for instance, is expected to echo this approach. The benefits are also expected as more firms join the formal economy, with access to funds and technology. The hope is that informal businesses will transform themselves from being the dirty underbelly of Indian capitalism into respectable, tax-paying, suited and booted members of a sleek, productive and bourgeois modern India.

Will the audacious gamble succeed? The McKinsey report didn’t think that informal firms could change so easily. It pointed out that informal businesses tend to structure their supplier and customer relationships in ways that make it difficult to go above board later, that customers of an informal firm come to expect very low prices, and many would go elsewhere if it transformed itself into a formal company and had to raise them. Indeed, the report said, “The idea that informal businesses might grow and join the formal economy is therefore a myth.”

Many firms in the informal economy would cease to be competitive if they are exposed to the full brunt of taxation and regulations of the formal economy. A 2014 paper by Rafael Porta of the Tuck School of Business and Andrei Shleifer of Harvard University, published in the Journal of Economic Perspectives, concluded thus: “we are skeptical of all policies that might tax or regulate informal firms. Rather than encourage informal firms to become formal, such policies may have the effect of driving them out of business, leading to poverty and destitution of informal workers and entrepreneurs. The recognition of the fundamental fact that informal firms are extremely inefficient recommends extreme caution with policies that impose on them any kind of additional costs.”

In other words, shock therapy such as demonetisation could very well turn out to be counter-productive. Instead, Porta and Shleifer say the cure for informality is economic growth. The evidence shows that informality declines, albeit slowly, with development. An 2009 OECD paper on Informality and Informal Employment also came to the conclusion that policies that make it more difficult for informal firms to carry out their activities and stricter enforcement of laws and regulations “have contributed to increased poverty and vulnerability by pushing already vulnerable groups of people into even more difficult situations.” What the government should instead aim for is expanding the formal sector, by making it easier for firms to operate there. But that is easier said than done and the record of the formal sector in creating jobs has been dismal.

The saving grace is that much of the talk about a transition to a cashless economy will remain just rhetoric. It’s also likely the government will soon realise that forcing the pace of change on the informal economy carries with it huge costs and it will opt instead for less ambitious, less intrusive methods.

Massive Fines and Possible Jail For Holding Old Notes

Posted on by

This gets worse and worse.

Now, a new RBI (Reserve Bank of India) ordinance (the 61st on this issue) proclaims that people who hang onto the old notes after the deadline of December 30, will be faced with a minimum penalty of Rs. 50,000 (half a lakh or about 735$) – a sum that is enormous in terms of Indian per capita income…..and will be guilty of a crime punishable at the municipal level.

What’s the real reason for this?

Well, since one of the main reasons for this ban was to ensure that Indian banks, especially the State Bank of India (now one of the top 50 largest banks in the world), were sufficiently recapitalized so that the loans could start flowing again. This, after the ratio of non-performing loans (mostly to rich industrialists and developers whom Modi shows not signs of penalizing) rose too high for comfort.

Since most of the money declared illegal has been deposited appropriately, demonstrating that they were all largely legitimate cash holdings, Modi has had to find a way to make this bizarre financial experiment/attack look at least faintly rational.

He also has to make sure any remaining notes do not find their way back into the system and constitute a claim against it.  Penalizing old-note-holders and making their holding itself contraband is the solution, it looks like.

Forbes: DeMo Is Sickening, Bizarre, Immoral

Posted on by

Ucnews.in references Steve Forbes’ scathing denunciation of the immorality of demonetization, one of the few pieces in the media that gets to the nub of the matter: this is not about poor implementation or lack of foresight; this is about a fundamental violation of basic rights:

Steve Forbes, in a no-holds-barred column, has said: “What India has done to its money is sickening and immoral.” Well that’s just the title of the column.

Forbes has written, and it must be quoted: “India’s government perpetrated an unprecedented act that is not only damaging its economy and threatening destitution to countless millions of its already poor citizens but also breathtaking in its immorality.”

Further: “Not since India’s short-lived forced-sterilization program in the 1970s – this bout of Nazi-like eugenics was instituted to deal with the country’s ‘overpopulation’ – has the government engaged in something so immoral. It claims the move will fight corruption and tax evasion by allegedly flushing out illegal cash, crippling criminal enterprises and terrorists and force-marching India into a digitized credit system.”

“India is the most extreme and destructive example of the anti-cash fad currently sweeping governments and the economics profession. Countries are moving to ban high-denomination bills, citing the rationales trotted out by New Delhi. But there’s no misunderstanding what this is truly about: attacking your privacy and inflicting more government control over your life.”

“What India has done is commit a massive theft of people’s property without even the pretense of due process – a shocking move for a democratically elected government.”

Steve Forbes has not held back. He has said that by “further impoverishing the least fortunate among its population and undermining social trust, thereby poisoning politics and hurting future investment, India has immorally and unnecessarily harmed its people, while setting a dreadful example for the rest of the world”.

In other words, Forbes is saying that India has just demonstrated how it feels to commit a financial genocide with élan, turning the entire country into a laboratory of extremely unethical fiscal eugenics experiments, turning citizens to guinea pigs of monetary mayhem.

However, the cheerleaders of the prime minister are busy positing this as a global conspiracy against India, a concerted attempt to write off a move that is morally superior because ostensibly it would purge the country of wrongdoers such as black money hoarders and terrorists using counterfeit notes. Those claims have been razed to dust already.

But what is terrifying is the meekness expected of citizens en masse at present. Any Indian echoing Forbes, and there are many, would be branded as an anti-national.”

 

RBI Refuses to Release Minutes Of Nov. 8 Meeting

Posted on by

Business Standard:

The Reserve Bank of India (RBI) has refused to allow access to minutes of meetings held to decide on the issue of demonetisation of Rs 1000 and Rs 500 notes announced by Prime Minister Narendra Modi on November 8.

 

Responding to an RTI application filed by activist Venkatesh Nayak, the bankers’ bank refused to disclose the minutes of the crucial meetings of Central Board of Directors on the issue of demonetisation citing section 8(1)(a) of the transparency law.

 

The section exempts disclosure of information which would prejudicially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the state, relation with foreign state or lead to incitement of an offence.

 

Nayak said he will appeal against the decision, adding, “While confidentiality prior to the making of the demonetisation decision is understandable, continued secrecy after the decision is implemented is difficult to understand when crores of Indians including this author have faced difficulties due to the shortage of cash in the economy.”

 

The Doomsday Seed Bank, Control Of Food, and Biowar

Posted on by

Bill Engdahl at Global Research on the Bill Gates Foundation, its doomsday seed bank, and biological warfare using food:

We can legitimately ask why Bill Gates and the Rockefeller Foundation along with the major genetic engineering agribusiness giants such as DuPont and Syngenta, along with CGIAR are building the Doomsday Seed Vault in the Arctic.

Who uses such a seed bank in the first place? Plant breeders and researchers are the major users of gene banks. Today’s largest plant breeders are Monsanto, DuPont, Syngenta and Dow Chemical, the global plant-patenting GMO giants. Since early in 2007 Monsanto holds world patent rights together with the United States Government for plant so-called ‘Terminator’ or Genetic Use Restriction Technology (GURT). Terminator is an ominous technology by which a patented commercial seed commits ‘suicide’ after one harvest. Control by private seed companies is total. Such control and power over the food chain has never before in the history of mankind existed.

This clever genetically engineered terminator trait forces farmers to return every year to Monsanto or other GMO seed suppliers to get new seeds for rice, soybeans, corn, wheat whatever major crops they need to feed their population. If broadly introduced around the world, it could within perhaps a decade or so make the world’s majority of food producers new feudal serfs in bondage to three or four giant seed companies such as Monsanto or DuPont or Dow Chemical.

That, of course, could also open the door to have those private companies, perhaps under orders from their host government, Washington, deny seeds to one or another developing country whose politics happened to go against Washington’s. Those who say ‘It can’t happen here’ should look more closely at current global events. The mere existence of that concentration of power in three or four private US-based agribusiness giants is grounds for legally banning all GMO crops even were their harvest gains real, which they manifestly are not.

These private companies, Monsanto, DuPont, Dow Chemical hardly have an unsullied record in terms of stewardship of human life. They developed and proliferated such innovations as dioxin, PCBs, Agent Orange. They covered up for decades clear evidence of carcinogenic and other severe human health consequences of use of the toxic chemicals. They have buried serious scientific reports that the world’s most widespread herbicide, glyphosate, the essential ingredient in Monsanto’s Roundup herbicide that is tied to purchase of most Monsanto genetically engineered seeds, is toxic when it seeps into drinking water.9 Denmark banned glyphosate in 2003 when it confirmed it has contaminated the country’s groundwater.10

The diversity stored in seed gene banks is the raw material for plant breeding and for a great deal of basic biological research. Several hundred thousand samples are distributed annually for such purposes. The UN’s FAO lists some 1400 seed banks around the world, the largest being held by the United States Government. Other large banks are held by China, Russia, Japan, India, South Korea, Germany and Canada in descending order of size. In addition, CGIAR operates a chain of seed banks in select centers around the world.

CGIAR, set up in 1972 by the Rockefeller Foundation and Ford Foundation to spread their Green Revolution agribusiness model, controls most of the private seed banks from the Philippines to Syria to Kenya. In all these present seed banks hold more than six and a half million seed varieties, almost two million of which are ‘distinct.’ Svalbard’s Doomsday Vault will have a capacity to house four and a half million different seeds.

GMO as a weapon of biowarfare?

Now we come to the heart of the danger and the potential for misuse inherent in the Svalbard project of Bill Gates and the Rockefeller foundation. Can the development of patented seeds for most of the world’s major sustenance crops such as rice, corn, wheat, and feed grains such as soybeans ultimately be used in a horrible form of biological warfare?

The explicit aim of the eugenics lobby funded by wealthy elite families such as Rockefeller, Carnegie, Harriman and others since the 1920’s, has embodied what they termed ‘negative eugenics,’ the systematic killing off of undesired bloodlines. Margaret Sanger, a rapid eugenicist, the founder of Planned Parenthood International and an intimate of the Rockefeller family, created something called The Negro Project in 1939, based in Harlem, which as she confided in a letter to a friend, was all about the fact that, as she put it, ‘we want to exterminate the Negro population.’ 11

A small California biotech company, Epicyte, in 2001 announced the development of genetically engineered corn which contained a spermicide which made the semen of men who ate it sterile. At the time Epicyte had a joint venture agreement to spread its technology with DuPont and Syngenta, two of the sponsors of the Svalbard Doomsday Seed Vault. Epicyte was since acquired by a North Carolina biotech company. Astonishing to learn was that Epicyte had developed its spermicidal GMO corn with research funds from the US Department of Agriculture, the same USDA which, despite worldwide opposition, continued to finance the development of Terminator technology, now held by Monsanto.

In the 1990’s the UN’s World Health Organization launched a campaign to vaccinate millions of women in Nicaragua, Mexico and the Philippines between the ages of 15 and 45, allegedly against Tentanus, a sickness arising from such things as stepping on a rusty nail. The vaccine was not given to men or boys, despite the fact they are presumably equally liable to step on rusty nails as women.

Because of that curious anomaly, Comite Pro Vida de Mexico, a Roman Catholic lay organization became suspicious and had vaccine samples tested. The tests revealed that the Tetanus vaccine being spread by the WHO only to women of child-bearing age contained human Chorionic Gonadotrophin or hCG, a natural hormone which when combined with a tetanus toxoid carrier stimulated antibodies rendering a woman incapable of maintaining a pregnancy. None of the women vaccinated were told.

It later came out that the Rockefeller Foundation along with the Rockefeller’s Population Council, the World Bank (home to CGIAR), and the United States’ National Institutes of Health had been involved in a 20-year-long project begun in 1972 to develop the concealed abortion vaccine with a tetanus carrier for WHO. In addition, the Government of Norway, the host to the Svalbard Doomsday Seed Vault, donated $41 million to develop the special abortive Tetanus vaccine. 12

Is it a coincidence that these same organizations, from Norway to the Rockefeller Foundation to the World Bank are also involved in the Svalbard seed bank project? According to Prof. Francis Boyle who drafted the Biological Weapons Anti-Terrorism Act of 1989 enacted by the US Congress, the Pentagon is ‘now gearing up to fight and win biological warfare’ as part of two Bush national strategy directives adopted, he notes, ‘without public knowledge and review’ in 2002. Boyle adds that in 2001-2004 alone the US Federal Government spent $14.5 billion for civilian bio-warfare-related work, a staggering sum.

Rutgers University biologist Richard Ebright estimates that over 300 scientific institutions and some 12,000 individuals in the USA today have access to pathogens suitable for biowarfare. Alone there are 497 US Government NIH grants for research into infectious diseases with biowarfare potential. Of course this is being justified under the rubric of defending against possible terror attack as so much is today.

Many of the US Government dollars spent on biowarfare research involve genetic engineering. MIT biology professor Jonathan King says that the ‘growing bio-terror programs represent a significant emerging danger to our own population.’ King adds, ‘while such programs are always called defensive, with biological weapons, defensive and offensive programs overlap almost completely.’ 13

Time will tell whether, God Forbid, the Svalbard Doomsday Seed Bank of Bill Gates and the Rockefeller Foundation is part of another Final Solution, this involving the extinction of the Late, Great Planet Earth.

Notes

Gates Foundation: From Gvt Radar To RBI Policy Maker

Posted on by

Only last year, in May 2015, the Bill Gates Foundation was being investigated for discrepancies between its accounts and those of the Public Health Foundation of India (in Ahmedabad in Gujarat), a prominent institution in India.

This was part of the Indian government’s decision to put under the scanner a number of subversive NGOs, from the Ford Foundation to Greenpeace.

A little over a year, and the Gates Foundation now has its representative on the RBI board, giving the run around to senior board members and hurrying through an unprecedented cash ban on a scale that is gigantic.

What a transformation.

And what could have led to it?

 

 

Rothschild 9-11-On India: Modi Ban Profits DE LA RUE

Posted on by

The income tax fine envisaged for Modi-backer billionaire Gautam Adani, 15,000 crores, is the same figure given for  replacing the banned currency.

Bizarre coincidence or proof of conspiracy?

Image result for rothschild major fronts

Cui Bono? (who benefits)

When analyzing Indian Prime Minister Narendra Modi’s infamous currency ban, this is the most pertinent question. 

Note: This post is a work in progress, so bear with me.

Here is the essence:

The Modi currency ban is not only part of the global war on cash.

It is  without exaggeration one of the most monstrous financial acts of any ostensibly constitutional government in recent decades.

For instance, see this excellent analysis.

From the Hindustan Times:

Samajwadi Party (SP) patriarch Yadav and Bahujan Samaj Party (BSP) chief Mayawati — bitter rivals facing tough assembly elections next year — seldom speak the same language on any subject.

But they were on the same page on Thursday against the Narendra Modi-led NDA government’s decision to pull 500- and 1,000 rupee notes out of circulation.

“The Modi government has slapped Emergency without sending people to jail and the BJP cares only about elections, not the problems faced by common people. The government has spread anarchy in the entire country, common man is not even able to buy daily products,” Yadav said.”

Far from being a war ON the black market, it is a war BY black money, an act of financial terror.

How so?

First, because the rise of Narendra Modi was possible only because of the public relations firm APCO, closely tied to global oligarch interests.

And second, because billionaire Gautam Adani (6th richest Indian billionaire, worth around $10 billion) financed Modi’s campaign and Adani is credibly reported to be involved in off-shore tax-shelter schemes. Adani’s own brother, Vinod, is named in the Panama Papers leak of off-shore tax schemes.

To clarify, APCO  was the firm brought in to gloss over the scandal attending giant oil company Yukos, a Russian state asset auctioned off to Russian J***** billionaire Mikhail Khodorkovsky, using shell companies, for a fraction ($309 million for a 78% share) of its real market capitalization ($6 billion).

APCO helped get Yukos and Khodorkovsky access to the Western political establishment and helped them cover up the fact that the oil giant operated through an elaborate system of shell companies that hid taxes from Russia for years.

Convicted of fraud and tax evasion by Vladimir Putin in 2005, Khodorkovsky passed on his shares in Yukos to co-ethnic Jacob Rothschild, of the legendary banking family, whose name is now short-hand for Western establishment and oligarch interests.

The same APCO that white-washed the legalized theft of Yukos was brought in to white-wash Gujarati strong-man Modi.

APCO’s name is derived from Arnold & Porter, a Washington DC law firm that is arguably the longest-lived foreign agent on US soil.

APCO and its sister company ASERO between them house many of the leading figures of the Israeli defense and security establishment, as well as of Homeland (US) security. Among them are retired officers of Mossad, Israel’s intelligence service.

Mossad, like MI6 , parts of the CIA,  and parts of RAW, is no more than the spy-agency of the global oligarchy. At the center of that oligarchy is the J*****/Khazarian banking family of Rothschild.

The same kind of schemes that hid Yukos’s operation from Russian taxation financed Modi, in the form of the Adani group’s campaign for Modi:

Ironically, the biggest black money case that has come up before the SIT so far is that of the Adani group, promoted by Gautam Adani, one of Modi’s closest associates. It is in his chartered aircraft that the soon-to-be prime minister zipped around India, accusing the incumbent government of not fighting corruption. The Adani group allegedly took out over Rs 5,000 crore to tax havens, using inflated bills for the import of power equipment from South Korea and China, the SIT on black money was told by the Directorate of Revenue Intelligence (DRI) and the Enforcement Directorate (ED).

According to a senior ED official associated with the SIT, if the Adani case reaches its logical conclusion, the group will have to pay a fine of around Rs 15,000 crore. ‘It is a watertight case,’ he said, about the trail of documents showing how the group diverted Rs 5,468 crore to Mauritius via Dubai. The Adani group vehemently denies any wrongdoing. Modi, after his rhetoric-filled ride to power, has been silent.”

Coincidentally, 15,000 crores is also the estimated cost of replacing the old currency bills banned by Modi.

Coincidentally,  Dubai is also the hub from which fake currencies are brought into India.

Coincidentally, Adnani is now partnered with Israeli high-tech security/defense firm Elbit-ISTAR in the production of unmanned (robot) drones.

Elbit systems is partnered with DHS (Dept of Homeland Security) in the US on the Mexican border, operating the first unmanned drone in the US and taking the lead in the creation of a virtual wall with Mexico.

No doubt Adani-Elbit drones will soon be policing the borders between India and her neighbors, if not between Indian states.  Leaked espionage cables published by Al Jazeera document that Elbit, like Israeli telecom company Amdocs and Israeli airline El Al, routinely assists Mossad.

Given these facts, the Modi currency ban is not economic policy by the Indian government so much as  financial “shock and awe,” enacted by the powers-that-be, fronted by a useful idiot.

It is a monetary 9-11 (or in this case 11/9 – the date the ban went into effect), against the legitimate economy of cash-based small-businesses, traders, farmers, laborers, and pensioners of India. And the globalists have fixed their signature numerals and even their calling card – a Trump – on the day.

Just to make sure the public gets this, the BBC, a well-known outlet for Western oligarch propaganda, even introduced the term “shock and awe” into this piece on the subject,admitting bluntly that Modi’s currency blitzkrieg was aimed at the small trader and small business classes who had voted for him. Because they do business mostly in cash, they pay little or no taxes.

But taxes are revenues for central banks. And central banks are ultimately controlled by the international financial system. And the ultimate beneficiaries of the international financial system (BIS, IMF etc) are the Western oligarchy and its global satraps.

To underscore the connection, it was under the headship of a son of the then BBC chairman, Marmaduke Hussey, that a British currency printer with ties to MI6 manufactured fake India currency notes that ended up in the vaults of the Reserve Bank of India (see further below in this post for details).

Knowing this, it is indisputable that Modi’s currency ban is economic warfare, intended to break the backs of small traders, businesses, and farmers, and steal their market for Western and Western- affiliated multinational e-commerce and retailers.

Unless reversed, it is the first act in the dekulakization of India.

Follow the money.

IMMEDIATE BENEFICIARIES OF MODI’S CURRENCY BAN:

De La Rue, Master Card, Visa, Paytm, cryptocurrencies like the mysterious Bitcoin,* Chinese fintech investors in Indian e-commerce, like Alibaba (a front for Western oligarchy), large corporations with card-swiping technology that most small businesses in India lack, Western e-commerce and Internet portals that can step up and fill in consumer demand, as indigenous small businesses disappear.

[Elsewhere on this blog, I have warned against using Bitcoin, which, like the heavily promoted Tor, has come out of Western security R&D and likely has back-doors for the globalist intelligence services.]

The Modi ban also sent Indians rushing to buy gold, which promptly rocketed in price.

Only a year ago, the government was vigorously beating the drum for people to deposit their gold in banks and get paid for it, at much lower prices.  One suspects that at the current high prices they have created, the government and its corporate cronies have auctioned their gold deposits and made a killing.

Isn’t that corruption?

De La Rue:

A new note (November 30) added here: De La Rue was the company chosen to supply currency for Libya in 2011 after the destruction of that country. CEO Tim Cobbold publicly stated that the company found regime change to be a lucrative opportunity. He also suggested that the break-up of the Eurozone would provide De La Rue a similar opportunity. This was only shortly after DLR manufactured fake currency was found inserted into the RBI vaulta and fake currency inflows had become a significant cause of massive inflation.

Another interesting fact that I found was that current RBI governor Urjit Patel, a Gujarati with an impressive resume in Western elite institutions and  an unusual (for RBI governors) corporate background that includes Reliance, and Gujurati businesses, is of Kenyan origin.  The Kenyan government apparently co-owns the branch of De La Rue that operates in its country.

How it benefits:

De La Rue is a British currency printer to whom, along with other British and German printers, printing of Reserve Bank of India notes has been outsourced, over Congress’ protests, since 1997.

According to the Panama Papers leaks by Wikileaks, De La Rue secured its Indian contract between 2002 and 2010 by paying a 15% commission (bribe) plus a one-time $712,000 to New Delhi-based Somendra Khosla.

Note: Khosla is a Khatri Sikh name.

[As I’ve documented amply on this blog, Sikhs have been working with the Rothschild oligarchs to destabilize India: the most notable examples being the Sikh murder of former PM Indira Gandhi and recently the fraudulent vendetta against prominent Indian-Americans by former Attorney-General for New York, Preet Bharara (half Sikh, with a J*****/Israeli born wife and J***** children). Bharara has allied himself with major NGO’s, like Safe Horizon, that are led by the Rothschild cabal.]

DLR is the world’s largest printer of commercial currency and the largest manufacturer of passports. It prints 44% of all banknotes world-wide.

It is currently seeking to become a one-stop shop for related services, such as verification, identity, and security systems related to passports and currency and involving the “substrate” on which they are printed.

This means DLR is involved in producing the very machines that test bank notes for fraud, while simultaneously manufacturing counterfeit currency.

That is probably why the fake currency passed the Indian government’s tests before being spotted by Indian intelligence.

The government of India banned DLR in 2011, because fraudulent notes generated by it but originally attributed to Pakistan, were found in regional banks as well in the RBI vault, by the Bureau of Intelligence in 2010.

The main conduit into India was through Kerala via Dubai.

An intelligence study in 2011 found the level of fake to genuine currency to be higher than in other countries, at 4 in 1000. This finding was in stark contrast to the RBI’s white-wash of the situation that put the ratio at 4 in 1,000,000, a thousand times lower.

Shockingly, Dela Rue was reinstated as RBI printer, without any evidence whatsoever to show why the ban was lifted.

The reinstatement was at the behest of the Prime Minister’s office.

The reinstatement seems to have been under the governorship of Raghuram Rajan (footnote 1) who later moved on to the Bank of International Settlements (BIS), the bank that acts as a reserve for central banks.

BIS itself is controlled ultimately by the Rothschild cartel. 

How much it benefits:

The banned  500 and 1000 rupees notes constitute  86% of India’s currency in circulation.

The Indian economy is comprised substantially of cash transactions and 98% of consumer transactions are in cash. The cost of replacing the currency is estimated at Rs. 15000 crores. Thus, replacing the old currency is a lucrative contract for the company tasked with the printing. The printing of RBI currency constitutes 30% of the profits of DLR.

Ownership:

Ownership is hidden.

Relationship to Rothschild oligarchy:

Current advisor: N. M. Rothschild.

In the late 19th century, the Rothschild family (Alfred Charles de Rothschild)  and the Bank of England were active in promoting the amalgamation of the three Presidency banks in India into one Central  Bank to “administer currency  regulations” and meet the “seasonal requirements of credit.”

That is, central banks were to print bank notes and pass laws on their issue….thus granting them unlimited power over the economy.

Related image

 

Long-time printer for national governments all over the colonial world, but barred from printing for Britain originally, De La Rue  has had a long association with MI6.

Founded in 1821 in Basingstoke, UK, by Thomas de la Rue, a  publisher (father, Eliazar de a Rue and mother, Rachael, nee Allez, of Guernsey).

De la Rue is a medieval French name  found in Normandy. The names Eleazar and Rachael speak for themselves.

UPDATE:

A site that I will not link to, seems to have sprung up in just the past few days, to put a novel spin on the information about De La Rue that is circulating on the net. The author claims that the Modi currency ban was a defensive move against a gigantic fake currency attack (an “economic Pearl Harbor” says the website) by Pakistan, also a target of the De La Rue fake notes. The site ends by claiming that anyone who opposes the Modi ban must be termed a traitor.

The Pakistani Pearl Harbor theory might hold some water for someone completely uneducated about the deep state – the spider-like web of connections between intelligence operations and criminal networks – that underpins the global polity.

Unfortunately, I’ve been around too long to believe that the ISI (Pakistani intelligence) is the primary mover in the region, rather than those that fund and instigate the ISI .

Two pieces of evidence will dispose of the notion that the Modi ban is a defensive move:

1.  The ban was the theme of  a Gujarat-based daily, Akila, whose editor later claimed it was an April Fool’s joke.

But Kirit Ganatra, the editor, is known to be a close friend of Modi’s.

2. There was a sudden surge in deposits (Rs 3,557 billion) at commercial banks between September 16 – September 30, 2016, following a slight dip in the weeks before.

More evidence seems to be in the offing:

1. Yatin Oza, the political mentor of BJP president Amit Shah and a former BJP MLA who is now with the AAP, has alleged with some credibility that he has proof of foreknowledge of the ban among Gujarat industrialists.

2. A TV journalist and investigator Satyendra Murali has collected evidence that Modi’s announcement of the ban was prerecorded. He claims to have received death threats on account of this.

But understanding the larger picture  is even more conclusive:

1. Anil Bokil of the Pune-based think-tank Arthakranthi has met Modi a few months back and suggested several reforms intended to change India into a cashless society. Among them was the banning of currency bills with a face-value of Rs. 1000, 500, and 100. Modi is reported to have been fascinated by his presentation.

Arthkranthi is likely a front for Western interests, like a lot of such NGO’s and think-tanks springing up of a sudden.

2. Moving to a cashless society is a long-term goal of the global elites and a ban on cash has been implemented in other countries recently, although none in the draconian and extreme manner of the Modi ban.

Like numberless trolls and disinformation agents on the net, the site proposing a “Pakistani Pearl Harbor” appears to have sprung to life solely to intimidate critics of the Modi ban.

All the more reason why rational and humane people must persist in educating people about what’s really going on, while they are still able to do it.

 

 

 

 

Footnotes:

  1. Rajan’s father, Govindrajan, is described as a diplomat, but was actually a member of RAW, India’s equivalent to the CIA, that, in the past decades, has often been penetrated/compromised by CIA agents, as well as by Mossad and MI6. Govindrajan was reportedly demoted by Rajiv Gandhi for failing to anticipate the Bofors scandal, according to some sites, and, according to others, for sending his son Raghuram  to study for his PhD at Chicago University with funding from CIA-tainted NGO’s. Rajan’s appointment to the RBI was greeted by the kind of adulation that the global media barons only reserve for their stooges.

Rothschild War On India Ramps Up Under Fake Nationalist Modi

Posted on by

Latest Post:

Rothschild 9-11 on India: Modi Ban Profits De La Rue 

Post:

The big story in India, on November 8, just the day before the election of Donald Trump as US president, was the Modi government’s ban of 1000 and 500 rupee notes.

Just the value of the notes – the equivalent of a few dollars – should have made any one with one solitary brain-cell realize that the ban could not possibly have anything to do with “black” money usually held in foreign accounts, gold, and real estate.

In the last two years, soaring inflation had led the RBI (Reserve Bank of India) to issue larger quantities of those denominations:

That chart should raise questions.

The chairman of the RBI from 2013-2015 was Raghuram Rajan, who is now credited at Wikipedia with having warned presciently about the risks to the financial sector in 2005. But in fact, Rajan, whose resume reads like that of the typical emissary of the banking elites (IMF, BIS and other appointments) seems to have been hired to implement the globalist project to harness the powerful cash economy that kept India afloat to the banking sector. I raise the issue of Rajan’s loyalties here.

“Black money,” that is, money hidden from government taxation, has been a big broad target of the Western oligarchy for a while.

Not because the Western elites have any objection to black money and money-laundering when THEY do it. Perish the thought.

In the West, the market and government black operations (do I repeat myself?) are both propped up by nothing more than money laundered from all kind of shady businesses in which the intelligence agencies of the afore-mentioned elites have a sizable share –  porn, prostitution, drugs, and gambling.

Anyone who looks into the history of American banks like Wells Fargo and Citibank or any of a number of European and Israeli multinational banks, knows this.  I say American and European, but of course the leadership of the banking system is mostly Jewish or shabbos goy, despite variations in citizenship and location.

The most effective money-laundering in the world isn’t in banana-republics or in far-eastern gambling dens.

It’s here in the good old United States, in our own backyard...in states like Nevada and New Mexico and Delaware and Alaska and Wyoming.

Furthermore, friends of Uncle Sam, like Israel, or the UK and its island havens, the and many many other places, are awash with loopholes through which you could unload a dump truck full of illicit dollar bills.

Mind you, I am all for protecting the privacy of  financial investments. That’s not my gripe here.

But you cannot host most of the anonymous companies in the world on your own soil and then fund a vicious global campaign against “foreign’ black money and expect anyone to take it at face-value.

It is no more to be taken at face-value than any of the petty bills that Modi, a Western stooge posing as a cow-belt nationalist, has taken out.

The fact that the ban has repeatedly been dubbed a “surgical strike” by the Indian media shows just how many dupes and lackeys of the Western press barons infest the Indian media:

 Search Results

The narrative of the War on Terror having become a little thread-bare, the new War on Black Money has been trotted out to make Indians a little more amenable to their coming enslavement to the global banking mafia.

Anyone wanting to understand what is actually going on should go over the the blog, Great Game India, which I first spotted when I shared information with it on the Devayani Khobragade story, which was also a coordinated attack on India.

The Rothschild war on India is real:-

The murder of Indian scientists,

the Stuxnet attacks on Indian infrastructure,

the propaganda about rape,

the Nannygate attack on Indian civil servants,

the drive to force Indians into the banking system

are about nothing less than shackling the economic power of this struggling Asian giant.

The objective is to stop it becoming the prosperous world power that it was before the advent of the European empires – Portuguese, Spanish, Dutch, French, and finally English – every one of them instigated and manipulated by the money-power of  the global Sanhedrin.

 

 

 

Dieudonne Mocks Holocaust Inc., Not Holocaust

Posted on by

In this interview on Iranian TV, Dieudonne describes how he and his wife and children have been physically assaulted by Zionists for his satire.

None of that harassment has been reported widely. While the world has been forced to listen to endless nonsense about the faux-martyrdoms of operatives like Julian Assange and Edward Snowden, someone who really gets beaten up for his political views gets no sympathy.

The comedian also explains why breaking the  taboo against criticizing Zionism is indispensable to releasing the West from the psychic prison in which it lives.

He explains the difference between mocking the political and commercial manipulation of the Holocaust (which he admits to doing)

and mocking the Holocaust itself (which he denies doing).

He points out that in France, in recent  years, the Crucifixion has been forcibly and intentionally displaced by the Holocaust as a symbol deserving public veneration.

[See my post on Pope Francis and the Marc Chagall painting of Christ.]

Indeed, the increasing proliferation of laws supporting the inviolability of Holocaust history in France and elsewhere coincides with the increasing denigration and displacement of Christian symbols.

That displacement is nothing less than cultural imperialism.

Is one human race to replace divinity itself in the public consciousness of another?

If so, by whose will? At whose expense?

In another post I will explain why I still wonder if Dieudonne is yet another face of controlled opposition, but, in regard to the question of whether he is guilty of incitement, the answer is no.

One last point. He was convicted not of “inciting violence,” which is at least a crime, even if  he didn’t commit it.

No, he was charged with something quite different, nebulous, and trumped up – “inciting hate.”

Quite apart from the astounding hypocrisy of  such a statement from the West – always boiling over with barbaric ‘two-minute-hates’ (here and here  for instance) directed at this or that unfortunate people who get in the way of its imperial ambitions –  what does inciting hate even mean?

Really, what does it mean?

 

 

 

 

Crypto-J***** “White Emir” Behind Paris Attack

Posted on by

I blogged earlier about the “white emir” – Olivier Corel – a French citizen of Syrian descent, who is now suspected of having radicalized the chief suspect in the Paris attacks of November 13, 2015.

This wouldn’t be the first time.

Corel is said to have been behind an attack in 2012 that killed 7 people.

Some reports claim that the name “white emir” was given to him because of his fully white beard. But his pictures show him with a two-toned beard.

More plausible are other reports that claim that it was his blonde coloring that earned him the name.

Who is this blonde “white” radical imam from Syria who seems to be behind terror imputed to Muslim radicals?

He turns out to have  J***** roots [scroll down].

But, first, a little research produces his real name, which is Abdel Ilat Al-Dandachi.

Second: he has been let off, despite his connection to two attacks.

Under France’s heightened emergency laws, a 6-month suspended jail sentence has been given to him over the technicality of failing to register a weapon, so that the jail-term will come into effect only in the event he does anything wrong in the next two years.

Third: He is of Syrian (in some accounts, Syro-Lebanese) descent.

Corel is a Syrian (born in 1947) who entered France in 1973 to study pharmacy, gave that up and later founded the Islamic community of Artigat, in the village of the same name.

THE WHITE EMIR’S J***** ROOTS

But the most fascinating part of his history is not to be found in any report, English or French, that I read.

Wikipedia France says that the Dandachis are Arabs of the purest sort claiming to descend through Joktan in the Bible, from Eber, Shem, and Noah.

That would make them not only Semites, but actually Hebrews (of Eber).

The origin of the word Dandachi, in one version, comes from the Turkish Din Dasli [Lila: Din means religion] or protector of religion, the role they played in  the 17th century, when the Ottoman Sultan Mehmed the IV, gave them the title of Aga and the guardianship of pilgrims going to Mecca in exchange for territory running from Tripoli to Homs and including the famous Crusader fort, Krak des Chevaliers, near the border with Lebanon.

Interestingly, the fort was a strong-hold of the Syrian rebels until last year, when Syrian government troops retook it.

The name of the commander of the Islamicist group defending the Krak des Chevaliers was Abu Suleiman Dandashi, a Lebanese national.

 Dandachi shows up again as the name of a  Syrian “dissident” (Aboud Dandachi),

who is a vocal mouth-piece for the Zionist “big lie” that “terror” is the natural outgrowth of Islam, rather than fostered and created by the West using Islam as the front. The mouth-piece exists to let Europe know via a “good pro-Western Muslim” that “anti-Semitism” is the cause of  “terror.”

The name Dandachi is listed by a genealogical website (usgwarchives.net) as originally of J***** origin.  The name, the site claims, derives from the Israelite tribe of Dan in Canaan. Related are the names Dandy and Dandys in Europe. The same name appears under the Ottomans as Dandyshly/Dandishly/Dandashly and other variants, whle in France it is Dandachi or Dandash and in America, Dandashi.

It is interesting that Corel, the Syrian, has the American variant of the name.

The site also contained an extended description of the family’s history as cryptos in the Ottoman empire and as conversos, humanists and masons, as needed, ultimately loyal only to the J***** ethno-state.

I will refer you directly to the site itself, since the copyright notice prevents me excerpting it here.