Courtesy of Pam Martens
The UK’s largest newspaper, The Sun, with a daily print run of 1.7 million, has delivered a harsh indictment on its front cover today on continuing to allow European central planners and global bankers to run the UK by edict. UK citizens will vote on June 23 on whether to leave the European Union, a vote called Brexit, short for British Exit. The UK’s Guardian newspaper is reporting that two ICM polls, one conducted online and one by telephone, showed 53 percent support for leaving versus 47 percent for remaining in the EU.
The message should serve as a sharp warning to Americans, who have allowed their central bank, the Federal Reserve, to march to the beat of the Wall Street bankers’ edicts while achieving catastrophic results for the country and its citizens. Since the Wall Street crash of 2008, enabled by the formation of trillions of dollars in dicey derivatives and a mountain of subprime debt while the Federal Reserve kept its blinders securely in place, the U.S. national debt has doubled to $19 trillion while the Fed’s balance sheet has ballooned from $800 billion to $4.5 trillion through endless rounds of sopping up the toxic waste (called “Quantitative Easing” or QE to pretty it up).
Perhaps America needs a national referendum on a FedExit. That dialogue was supposed to have begun in the U.S. Senate back in 2014, starting with stripping the central bank of its power to supervise Wall Street bank holding companies because it had clearly demonstrated itself to be not just a captured regulator but pure putty in the hands of the Wall Street banks. (See here, here, here and here.) The dialogue ended abruptly, as most things do in the U.S., with no explanation as to why to the American people.
The Sun tells its readers that the Brexit vote “is our last chance to remove ourselves from the undemocratic Brussels machine.” (The EU operates out of Brussels.) Americans have yet to have the chance to vote on removing themselves from the undemocratic Federal Reserve where citizens are stripped of the right to elect either the Board of Governors or the boards of the regional Fed banks.
The Sun goes on to remind its readers what EU leadership has done for Europe:
“Greece is bankrupt. Italy is in danger of going the same way, with even more disastrous consequences. In Spain, 45 per cent of those under 25 are out of work.”
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