Cempaka Belanda: Dutch banks don't hedge their bets

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Wednesday, April 27, 2011

Dutch banks don't hedge their bets

RNW, 27 April 2011, by Philip Smet

(Photo: ANP)

Leading Dutch economists have issued an urgent warning that banks are up to no good. And politicians are turning a blind eye.

“Restore the economy to the way it was before the crisis, then everything will be all right: I don’t believe it for a minute. That’s restoration politics – the approach of our government in The Hague. But that’s not we need in times like these.”

Herman Wijffels, ex-banker and former chairman of the Social and Economic Council of the Netherlands (SER), is highly critical of the Dutch banking sector which, in the aftermath of the financial crisis, has borrowed billions of euros from the state.

Mr Wijffels, currently an economics professor at Utrecht University, is equally critical of the politicians who distribute the funds. “If you look at current banking legislation, you’ll see that precious little has changed. The whole bonus system – in essence, a reward for risk-taking behaviour – is fully intact,” the economist said last night on a current affairs programme on national television.

“One big golf club”

Wijffels isn’t the only voice condemning Dutch bankers. Hans Schenk, Professor of Organisational Economics - also at the University of Utrecht - says the risk of a new crisis erupting is big, alarmingly so.

Mr Schenk thinks that banks, politicians and economic watchdogs in the Netherlands do not correct one another: “It’s one big golf club. If you look at how people swing backwards and forwards from government ministries to banks to supervisory bodies... That’s the problem in a small country where they come across each other on a daily basis and begin to believe in their own truth.”

Gambling with other people’s money

The Netherlands has a large financial sector, which operates internationally. But it seems that national agreements are not enough to keep the bankers on track. That’s why, last November, the so-called Basel III framework was endorsed to foster international cooperation on banking supervision. But, the banks aren’t happy about it, arguing that the demands relating to greater capital ratios will adversely affect profit margins.

A fresh banking crisis is threatening the Netherlands, warns Ewald Engelen, professor of Financial Economics at the University of Amsterdam. The financial system is vulnerable, which can have an overspill into the state’s finances.

“Banks have a savings section for the ordinary man on the street and for small businesses. And they have a ‘gambling’ section, where they’re constantly betting in various financial markets. The problem with that combination is that the state is basically the guarantor for the layman’s savings. If anything goes wrong with investments, the savings are used to absorb the financial shocks.”

Economists are calling for a clear-cut division between banking for individuals and banking for large businesses. They also say central banks must insist on greater capital ratios. New agreements are striving for a five to six percent buffer, but Arnoud Boot, advisor for the Dutch central bank, argues the ratio should exceed ten percent.

Second-hand car salesmen

Many opposition MPs have voiced their concern about Finance Minister Jan Kees de Jager’s failure to adopt measures that would ensure the financial crisis does not have a repeat performance. The economists say if it’s left up to the banks themselves, nothing will change.

“Here in Europe, unlike the US, bankers are often seen as distinguished people, while in fact they’re mere used car salesmen and should be treated with the same degree of suspicion,” says Professor Engelen.

Related Articles:

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Senate panel slams Goldman in scathing crisis report

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channeled by Lee Carroll)(Text version)

“ ….. Let me give it another name: It's an actual shift to a higher vibration of Human nature. "Kryon, that's impossible. Human nature is Human nature. We can't change it." Well, you've already begun it. You're starting to clean up your financial institutions worldwide. Did you notice? Dear ones, if anyone had ever told you 30 years ago that you were going to clean up your financial institutions, they would have laughed. For don't you know the way society works? Those who have the money win. Banks hold all the cards, and they are run by the those in high places. They are untouchable, since the government is often the same people! Well, why don't you tell them that today. Look around you, because something just happened. It's not working that way, is it? What would make the difference? Consciousness. A new paradigm. You can see it in the news…..”

"The New Paradigm of Reality" Part I/II – Feb 12, 2011 (Kryon channeled by Lee Carroll) (Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" (without a manager hierarchy) managed Businesses, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

(Live Kryon Channelings was given 7 times within the United Nations building.)