In Keiser Report with interview mentions a bank holiday in France with limits on cash machine withdrawals also long periods of repeated computers going down in major French banks

The French person says US is a socialist country with over 50 million on food stamps. Also the Vatican Bank (16:00 in video)has been closed down, could indicate severe difficulty for the Vatican bank, possibly banksters wanting gold and silver from the bank.at Portugal interest rates top 12% (19:00 in video). French banks (20:00 in video) also (22:20) bank run in Spain, Greeks depositing money in London:

http://www.youtube.com/watch?v=LmPVqvl2nis&feature=related

Greek bailout halted, Euro crashes

Financial markets’ relatively calm reaction to the Greek turmoil masked rising risks Greece is on a road that leads to its exit from the euro zone, with hard-to-predict consequences.

The weekend’s inconclusive elections were seen by many as a possible beginning of the end, by choice or by necessity, for Greece’s membership in the common currency. If Greece is unable to form a government that can abide by the conditions of [...]

New French President Hates Wealth Creation, Loves Taxation

Nabila Ramdani
independent.co.uk
May 7, 2012

France will be waking up today to its first Socialist President for 17 years – and bracing for radical change. There are all kinds of reasons why one might fear a François Hollande presidency, especially if you are a prosperous French person.

The 57-year-old Socialist has openly admitted that he “does not like the rich” and declared that “my real enemy is the world of finance”. This means [...]

Hollande: ‘My real enemy is the world of finance’.

France will be waking up today to its first Socialist President for 17 years – and bracing for radical change. There are all kinds of reasons why one might fear a François Hollande presidency, especially if you are a prosperous French person.

The 57-year-old Socialist has openly admitted that he “does not like the rich” and declared that “my real enemy is the world of finance”. This means taxing the wealthy [...]

The new head of the European Central bank comes from Bank of Italy, where bank shares have recently been suspended

Italy’s Mario Draghi will take over at the ECB from Jean-Claude Trichet who will leave in October

EU leaders have voted for Italy’s Mario Draghi to follow Jean-Claude Trichet as the head of the European Central Bank.

The European Parliament and the ECB board had already given their approval to Mr Draghi’s appointment.

Confirmation came after fellow Italian Lorenzo Bini Smaghi reportedly agreed to step down as an executive board [...]