Brazen power grab by puppets of banks backfires in Austria

An attempt to convince Austrians that a reshuffle of those individuals most identified with the discredited hard core of the junior ruling coalition party, the People’s Party ,  is actually a fresh start has failed dismally with polls showing support for the People’s Party (ÖVP) party dropping to historical lows.

http://orf.at/stories/2053247/

The conservative party fell to a new low of 22% following a coup d’etat by those elements with  links to disgraced Austrian MEP Ernst Strasser as well as banks like Raiffeisen that have been embroiled in financial scandals.

Hard line Interior Minister Maria Fekter is set to be appointed the new Finance Minister following the abrupt and unexpected resignation of Josef Pröll mid week.

http://kurier.at/nachrichten/2090746.php

Pröll was also the mentor of former Interior Minister Strasser, who was recently caught on film accepting a bribe of 100,000 euros to change draft EU bank laws, and is now under investigation, and he appears to have stepped aside to allow a purge of critics.

While Fekter likes to present herself in the media as a sensitive person with a conscience who only flings foreign children into prison to warn off human traffickers, this image will be harder to sustain as she takes the butcher’s knife to the country’s burgeoning national and communal budget. As the debt hole grows, it will be left to Fekter to box through the transfer of ever larger quantities of tax money to banks under the pretext of having to pay interest on an artificially-engineered fractional-reserve banking debt.

A lawyer by training, Fekter could do worse than study the recent report by a Senate panel which found banks such as Goldman Sachs and Deutsche Bank to be responsible for causing the financial meltdown by using a fraud involving subprime mortgages. If she has any spark of conscience, she might institute a panel similar to the Senate panel in Austria to explore the role of Raiffeisen and other banks in the financial meltdown that has cost Austrian tax payers billions and meant cuts in education etc.

She might also take time out to study a video clip seen of far right leader Jörg Haider accusing Raiffeisen and other banks in Austria of deliberately destroying the financial system using subprime mortgages and then google on the internet for all the evidence that Haider was murdered shortly after his interview.

An interview by Franz Hörmann in Der Standard explaining how banks can use the fractional reserve banking system to create money and debt out of thin air and how charging interest for nothing is actually a form of wealth confiscation or expropriation is all the economic theory Fekter requires to reverse course and start closing down the banks.

Senator Carl Levin has referred the report to US justice officials for possible criminal proceedings against the banks – something that would be unimaginable in Austria where there is evidence that the justice officials are actively covering up fraud by banks.

Justice Minister Dr Claudia Bandion-Ortner  was axed on Friday after announcing on Monday that she intended to take tough measures to clean up corruption in the justice system.

Within hours Josef Pröll announced his surprise resignation, paving way for her removal and the removal of other critics of corruption among justice officials in a dramatic reshuffle.

For Pröll to have fired the minister he had supported so unequivocally for so long the very moment she got tough on corruption might have raised eyebrows.

The speed of his action will raise questions about whether an investigation into some of the scandals could implicate himself or his allies.

A replacement for Bandion-Ortner could be Christoph Herbst, a lawyer associated with the Skylink scandal and the controversial Josef Fritzl paedophile case.

Just as is the case in the kidnapping of Natascha Kampusch, there is evidence that a paedophile ring was involved in the imprisonment and rape of Elisabeth Fritzl in a dungeon in her father’s house in Amstetten over a period of many years.

As a “defender” of the victim — and especially appointed by Lower Austria governor Erwin Pröll — Herbst will feel at home in the Justice Ministry where State Secretary Georg Krakow has also been linked with the cover up of evidence that Kampusch was abducted by a paedophile ring.

Five Vienna state prosecutors are currently under investigation for their potential role in the Kampusch cover up.

Bandion-Ortner is to be sent to work in a minor position as a judge of petty criminals, according to local media reports, underlining how there is no space left in the justice system for any judge who is even remotely honest. She may, however, end up glad not to be associated with a government coalition party that has plunged to historical lows in polls even before it has started its work.

As Austrians brace themselves to hear about the scandals that are still not being investigated by Herbst or whatever other puppet is appointed, they will realize the culpability for the country’s slide into a mafia-style corruption did not lie with her.

Perhaps to head off too much media coverage on the many scandals, Pröll’s successor Michael Spindelegger met up with the boss of RTL Gerhard Zeiler in Luxemburg to support his bid to become head of the country’s state run TV, the ORF, in August.

http://www.oe24.at/oesterreich/politik/daniel/ORF-Wrabetz-Spindelegger-traf-Zeiler-in-Luxemburg/24212433

Considered to be one of the most soporific TV stations in Europe, the ORF has still clearly gone too far for the Globalists’ liking in its reporting on the many scandals involving high level politicians such as Karl-Heinz Grasser.

Under a new regime run by Zeiler – who has quit his job in the RTL , which is associated with controversial German political figures such as Stephanie zu Guttenberg –, it is to be expected that the ORF will attempt to shape public opinion in favour of the banks and also promote conflicts to divert the attention of the people from the large-scale looting of their tax funds.