• IMF told to vacate country; nation now issuing debt-free money
By Ronald L. Ray
Hungary is making history of the first order.
Not since the 1930s in Germany has a major European country dared to escape from the clutches of the Rothschild-controlled international banking cartels. This is stupendous news that should encourage nationalist patriots worldwide to increase the fight for freedom from financial tyranny.
Already in 2011, Hungarian Prime Minister Viktor Orbán promised to serve justice on his socialist predecessors, who sold the nation’s people into unending debt slavery under the lash of the International Monetary Fund (IMF) and the terrorist state of Israel. Those earlier administrations were riddled with Israelis in high places, to the fury of the masses, who finally elected Orbán’s Fidesz party in response.
According to a report on the German-language website “National Journal,” Orbán has now moved to unseat the usurers from their throne. The popular, nationalistic prime minister told the IMF that Hungary neither wants nor needs further “assistance” from that proxy of the Rothschild-owned Federal Reserve Bank. No longer will Hungarians be forced to pay usurious interest to private, unaccountable central bankers.
Instead, the Hungarian government has assumed sovereignty over its own currency and now issues money debt free, as it is needed. The results have been nothing short of remarkable. The nation’s economy, formerly staggering under deep indebtedness, has recovered rapidly and by means not seen since National Socialist Germany.
The Hungarian Economic Ministry announced that it has, thanks to a “disciplined budget policy,” repaid on August 12, 2013, the remaining €2.2 billion owed to the IMF—well before the March 2014 due date. Orbán declared: “Hungary enjoys the trust of investors,” by which is not meant the IMF, the Fed or any other tentacle of the Rothschild financial empire. Rather, he was referring to investors who produce something in Hungary for Hungarians and cause true economic growth. This is not the “paper prosperity” of plutocratic pirates, but the sort of production that actually employs people and improves their lives.
With Hungary now free from the shackles of servitude to debt slavers, it is no wonder that the president of the Hungarian central bank, operated by the government for the public welfare and not private enrichment, has demanded that the IMF close its offices in that ancient European land. In addition, the state attorney general, echoing Iceland’s efforts, has brought charges against the last three previous prime ministers because of the criminal amount of debt into which they plunged the nation.
The only step remaining, which would completely destroy the power of the banksters in Hungary, is for that country to implement a barter system for foreign exchange, as existed in Germany under the National Socialists and exists today in the Brazil, Russia, India, China and South Africa, or BRICS, international economic coalition. And if the United States would follow the lead of Hungary, Americans could be freed from the usurers’ tyranny and likewise hope for a return to peaceful prosperity.
Ronald L. Ray is a freelance author residing in the free state of Kansas. He is a descendant of several patriots of the American War for Independence.
MykiefromHungary
MykiefromHungary
1 “Mr. Orban confiscated in 2010 all private pension savings in Hungary”.
He was taken back because he was stolen from pensioners,
European Court of Human Rights in Strasbourg in 2013
A 30-year-old Hungarian citizen identified with monograph E. B. has rejected his complaint
3. 45% of children under 11 are living in poverty in Hungary.
It is not true, kids get breakfast, lunch and snacks for free
The 1995. XXXI. law expands from September 1. 2015.
4 European region was between 15-25%, not true
http://ec.europa.eu/eurostat/statistics-explained/index.php/File:GDP_at_current_market_prices,_2003%E2%80%9304_and_2012%E2%80%9314_YB15.png
5. 2008. State subsidized mortgage loans were introduced by Mr. Orban in 1999 under his first administration,
What a liberalfasist they ceased and a foreign currency-based loan,no Hungarian forint base was introduced.
decreased civil rights. ,not true
there was no public voting, and no feasibility study has been published. , not true
Has anybody verified this great claim by the Hungarian government?
All must:
1. Call your senator demand all aerosol spraying by the U.S. Air Force stop.
2. Demand the arrest of all commanding officers at the 300 U.S. Air Force bases.
3. Abolish the CFR, arrest all its members for racketeering and espionage, including all its creations, the IMF, UN, CIA including all employees for operating under an illegal charter. Only sovereign nations can be granted a charter, not groups, clubs, or people, per U.S. Constitution.
4. Remove the president from office and charge him with being a spy under the UCMJ at 906.106 and a traitor under 18 USC, Part 1, Chapter 115, Sec.2381.S. Secure our border end the illegal UN amnesty and sanctuary cities. Deport all 41 million illegal socialist statist Mexicans.
“There will be no peace in the world until the last Zionist is strangled with the entrails of the last banker.”
If Hungary still uses the euro, it is doomed like the rest of Europe.
I am a Hungarian living in Hungary.
If only all what this optimistic article said above about our country were true, with all the orders, movements and with resemblance to the objectives of the XX. century Germany, but sadly it is not. I wish to see this happening and have my trust in the PM, but his hands are tied, and the scenario the article describes just is not happening. Or it is, but behind the curtains.
Szebb jövőt!
As a born Hungarian I would like to add a couple of details to the article:
—One is the price for repaying the IMF loan was that Mr. Orban confiscated in 2010 all private pension savings in Hungary. The amount was more than 3,000 billion forints (€10 billion), and it affected around 3 million people out of 10 million inhabitants. Our private money was used to “decrease the national debt,” and today we are already back to even higher levels due to high government spending and mistaken tax reforms. So people here have lost a decade of savings. The average Hungarian pensioner gets monthly €300.
—One of Mr. Orban’s latest plans for tax collection was to introduce the Internet tax, €2.30 for every GB of data we download! Luckily hundreds of thousands of people marched on the streets and this tax was not introduced. Yet.
—45% of children under 11 are living in poverty in Hungary. The average wage here is €400 per month. In the last 5 years more than 400,000 people have left the country searching for better income conditions elsewhere.
—The economic growth of the central eastern European region was between 15-25% in the last five years. Hungary gained only 5% in the meantime. Investments dropped significantly due to extraordinary taxation policies, and Hungary is the world leader in VAT. We have a 27% VAT.
—The housing market has basically collapsed (90% loss in transactions), prices have fallen by an avg. 40% after 2008. State subsidized mortgage loans were introduced by Mr. Orban in 1999 under his first administration. The banking sector was uncontrolled by all political administrations, and today the unpaid mortgages are exceeding the number of annual transactions of the housing market.
—Mr. Orban has changed the constitution, the voting system, and decreased civil rights. He is directly influencing the Central Bank. Today he has a 2/3 majority after an election which would not provide even a single majority for him in our old voting system.
—And finally—neglecting all public concerns—Mr. Orban’s government yesterday signed a contract with a Russian company for building the next nuclear power plant in the middle of the country. The costs are exceeding €10 billion, all agreements are classified for 15 years, there was no public voting, and no feasibility study has been published. All this in a country which has three times the solar irradiation of Germany, and yet 400 times (!) less solar power production per capita.
I hate all banksters as well, but before you all believe that everything is so great now in Hungary, please gather your facts better next time.
I am a Hungarian living in Italy. I heard from my family that the situation in Hungary is this. It used to be really different before. Now Orban is throwing out the European bankers. Note: the Union can not fight with himself.
2/3 of the land was given away after the 1st World War ended, the richest parts of Hungary mind you, and it was only under Hungarian control for a thousand years. Hence, Hungary entering the 2nd World War on the side of the Germans. It was promised that they’d get their country back. We all know what happened to Germany and their allies. Feel horrible for the Hungarians, as one more time they’ll be haunted for standing up for their people.
Satan is alive and well, and as long as people have their drugs, their TV, their porn, they are content and keep on drinking the Kool-Aid.
Michael C. Rupperts daily Peak Oil Blog
End of the American Dream
So firstly, why was it not covered by mainstream media? Secondly, after a year, what is the state of the country’s economics, and their place in Europe, or globally?
This takes strength, but most of all the will of the people.
Unfortunately, the UK is run by an incestuous elite who are rich and greedy. The people have been dumbed-down and are only fed a diet of propaganda.The majority do not understand what really goes on and how fraudulent the politicians and bankers are.
During my research of political and financial-economic topics, I also arrived at understanding the vast deception and many-layered robbery of the masses via an interplay between banks and undemocratic governments—a trend we can observe globally, with notable exceptions like Iceland’s or Hungary’s current government.
If we follow through the entire process of how the odious public debts are generated and how these are used to push countries deeper into debt-slavery, the criminality behind the extant global financial system (in fact, a giant scheme) becomes clearer. Please see posts explaining this in detail:
Post 1
Post 2
This should be making continual headlines all over the non-mainstream media. Why am I only finding out about it a year later?
Please, idiots and dogmatists, don’t divide us, the people! Budapest used to have the most Khazarian “Jews”-parasites and mega-thieves, megabanksters. But, PM, Mr.Orban, had helped solved the problems of of the financial issue where the khazarian thieves-looters had started to complain and attack his policies…A parasite element who has been removed from 109 territories and continue to claim holyhoax instead of admitting Auschwitz the Ashke-Nazi “Jews” do and done in Gaza-Auschwitz!!!I just admire Mr.Orban for his moves toward the IMF!!!
Ray is a ray of hope that we can evict the banksters and their NGO Fed from the USA.