SC, According to European Union law it reportedly takes 2 years for a member country to remove itself from the EU. That's a long time, and the powers that be in the UK might ultimately decide against leaving.
Tarpley said the Brexit was backed by the most aggressive and adventurous faction within the City of London, but other more conservative factions wanted to stay in the EU. So Brexit could conceivably be cancelled sometime over the next 2 years.
Tarpley says the idea of Brexit is for the City of London to latch itself onto the rising juggernaut of China, with London becoming the primary financial conduit for the Chinese. Financial centers like Wall Street and the City of London are basically skimming operations, parasitizing the productive activities of others. The City of London was losing that position within the EU, and was facing increasing EU financial regulations that cut into its ability to skim profits from continental Europe.
There's also a growing movement in Europe to tax financial transactions (Tobin tax) which also makes staying in the EU less attractive. That's what we need in the US to break the vise grip the financial oligarchy/Wall St has on the country -- a Wall St transaction/sales tax. The proceeds of such a tax would go a long way to erasing Federal and State budget deficits, and would also force an end to flash trading and other non-productive and purely parasitical activities. Then you ban the worst types of derivatives, bring back Glass Steagall, break up the too big to jail zombie banks, and ultimately nationalize the Fed and put it back under the US Treasury. That's how you take the country back.
Then you issue tranches of 100 year century bonds from the nationalized central bank debt free (0%) and start a crash program to reindustrialize the country, rebuild the crumbling infrastructure, roads, energy grid, water systems, fund high technology drivers like cold fusion, biotechnology, space exploration, etc. This would create 20-30 million new high paying jobs, and put the US back on track as the world's premier engine for growth and progress.
But unfortunately all the politicians are firmly in the pocket of the financial oligarchy/Wall St. In recent times the best Congress could muster against the banksters was in the aftermath of the 2008 derivatives fueled mega-crisis, when Ron Paul pushed for and eventually got a one time audit of the Fed. Getting that far was a pretty remarkable achievement, and the bankster's response was to tank the stock market ('Flash Crash') on the day of the Congressional vote.
The banksters will never allow a serious challenge to their power. So how do we remove this 'vampire squid on the face of humanity', that is the question. At this point it may not be possible, the banksters would blow up the entire world with nukes rather than lose their stranglehold on power.
AI
