I wonder if Van Rompuy would give me a well paid position in the "EU government".... We see Greeks are talking of a local currency, I said over a year ago
this was an option, not just for Greece but us all, a local currency that cant
be traded outside the country would keep some form of money circulating and
provide the basics, it would also allow the Greeks to keep the bulk of their
savings in euros if governments allowed the local currency to pay taxes then it
will take off on its own, it will mean that local currencies will find their own
level against the main currency, put as you have the option to hold money in a
main currency account that to will be self limiting, now i suggested this ages
ago as a way to keep people in work and in their homes and i said that it would
come sooner or later because people always have the need to trade so always find
a token for that....one could almost get rid of welfare and pensions cost if you
paid them in a local currency....We had to watch Barroso, and Rumpoy , "Twins of
Evil" talking about the Greek election, how Greece must be allowed "Democracy"
said Barroso. Democracy, what Democracy?Democracy When the Brussels parliament
Says so, is Not Democracy! The Greek's were denied an election a few months ago,
so another Goldman Sacks puppet could be Un-Democratically installed! It's a
Takeover! The poor people in Greece, and Spain, Italy, and Britain are next.
Dictator's don't know where their boundaries end. They have none. They want It
ALL.The slavery laws are in place. People are being enslaved by Debt. "There are
none more hopelessly enslaved, than those that believe they are free."
Wellll...as for me, I've got a great idea which will be a "courageous leap of
political imagination" ... An EU VAT on top of all the outrageous VAT's already
burdening the citizens of Europe's individual nation states. Of course start it
off at a mere 5% or so....and then when the lemmings simmer down and forget
about it, you can jack it up to 15 or 20% ...
10 comments:
You know the funny thing about the Draghi statment regarding abandonment of sovereignty in favour of a European fiscal lock or more precisely Germany ruling Europe, is; he knows it won't be implemented and he knows the Euro is in its death throws.
What is it that keeps these people going other than endless tax payer funded summit junkets and possibly an addiction to lying?
Mario Draghithe: calls for 'political imagination to save the eurozone'
Given they have proved they don't give a toss about the ecconomic destruction and hardship this is causing millions of people, this is about keeping their fanatical dream going, whatever the cost. That's it
It would appear the only way to get through to them would perhaps be to string a few of them up
A lack of clear strategy among European leaders to prevent a downward economic spiral has focused attention on the European Central Bank, which is the euro-zone authority best equipped to provide fast relief for the economic system in the form of interest-rate cuts and, if needed, unlimited supplies of additional cash in the form of long-term credit arrangements with banks.
A summit of European leaders Wednesday night failed to deliver new policies to boost economic growth and contain the Greek debt crisis. Instead, markets were treated to growing talk that euro-zone governments were preparing contingency plans to limit the damage from a Greek exit from the euro zone. Policy makers warn that a Greek exit could leave the country financially crippled with far-reaching effects elsewhere in the currency bloc.
Italy's deputy finance minister clearly didn't hear Angela Merkel's concerns about people discussing Greece's possible exit from the euro. From Reuters in Rome: Italy must prepare itself for the possibility that Greece may leave the euro zone, but the aim is to avoid that option, Italy's Deputy Economy Minister Vittorio Grilli said on Thursday. He spoke on the sidelines of a business lobby conference in the capital.European Central Bank policymaker Ewald Nowotny was in bleaker mood in Vienna today, saying a Grexit would create "large, massive shocks where you would not know what the consequences would be".
The Benefits of Euroscepticism For The Eurozone.
There is no better way to unify nations and reinvigorate them
than an external threat from an enemy that masses on their borders.
Old rivalries are set aside and enemies become friends.
Churchill set aside his visceral hatred of communism
and did a deal with Stalin in the face of a greater threat
and armed him to the teeth to fight against their common enemy.
And so it is today.
The eurozone is immeasureably strengthened and unified
by eurosceptics.
what external enemy ? (Russia?)
all I can see are concerned friends
pro-European / anti-European
pro-EU / anti-EU
pro-€uro / €uro-sceptic
pro-Statism / anti-Statism
pro-Feudalism / anti-Feudalism
why don't you draw yourself a Venn diagram? if you draw it correctly, it should look like the Olympic circles
Eurozone crisis live: France and Germany split after EU summit
François Hollande and Angela Merkel were split over issues such as eurobonds at last night's dinner, sources say
Following heavy losses on Wednesday, markets took stock yesterday, as borrowing costs across Europe fell.
Mario Draghi, the head of the European Central Bank, urged Europe's leaders to take a "courageous leap" towards economic integration, and safeguard the future of the single currency.
“We are living a crucial moment in the history of the EU. We have reached a point in which the process of European integration needs a courageous leap of political imagination in order to survive,” he said during a speech in Rome.
He made the comments following an underwhelming European Union summit in Brussels, where leaders failed to make progress on Greece or reach an agreed position on the controversial subject of eurobonds.
Economists at Citigroup said the most likely date for a Greek exit was January 1 2013, assuming that by then it will have run out of money following a failure to elect a government on June 17 that is willing to stick to austerity.
The market regulator CNMV said it was "due to circumstances that may affect the normal share trading".
Bankia is reported to be due to ask the government for a bailout of more than 15bn euros ($19bn; £12bn) after a board meeting later on Friday.
Bankia, which is Spain's fourth-largest bank, was part-nationalised two weeks ago because of its problems with bad property debt.
Any extra government money would be on top of the 4.5bn euros in state loans that the government converted into shares in the group in the part-nationalisation process.
Shares in Bankia's parent company Banco Financiero y de Ahorros (BFA) have also been suspended.
Post a Comment