Thursday, May 10, 2012

As the Euro dies, the Power grab accelerates...we're waiting...


As the Euro dies, the Power grab accelerates
"The issue referred to by Vanessa of the "opt out before 2014 of the EU legislation on laws such as the European Arrest Warrant etc. " is absolutely crucial. These provisions bring Justice and Home Affairs into the EU's purview.
We must never forget that whoever controls JHA controls the power of using physical force on the bodies of the citizens of a country - it is the heart of state power. If we fail to opt out, then, as I understand it, under Lisbon Brussels can use QMV to bring in Corpus Juris, providing for a European Public Prosecutor with the terrifying powers of arbitrary incarceration IN BRITAIN that such figures have always enjoyed on the continent, and the lethally-armed European Gendarmerie Force paramilitary riot-batallions to make sure that his wishes are obeyed.
The EGF is controlled directly from Brussels, so once they have their boots and their weaponry on our soil we will be virtually under military occupation, and our Parliament will be impotent to stop them. For if Parliament then repeals the ECA72 and orders them to leave, they will disregard Parliament's order, and will seek to enforce the order of the ECJ that will (obviously) rule that our Parliament's Act of repeal is invalid. The EGF might even be ordered by the ECJ to arrest the MPs who voted for the repeal. In which case they would certainly carry out the order. "Newly revealed German government documents reveal that many in Helmut Kohl's Chancellery had deep doubts about a European common currency when it was introduced in 1998. First and foremost, experts pointed to Italy as being the euro's weak link. The early shortcomings have yet to be corrected.
It was shortly before his departure to Brussels when the chancellor was overpowered by the sheer magnitude of the moment. Helmut Kohl said that the "weight of history" would become palpable on that weekend; the resolution to establish the monetary union, he said, was a reason for "joyful celebration." ...Soon afterwards, on May 2, 1998, Kohl and his counterparts reached a momentous decision. Eleven countries were to become part of the new European currency, including Germany, France, the Benelux countries -- and Italy. ....14 years later, the weight of history has indeed become extraordinary. But no one is in the mood to celebrate anymore. In fact, the mood was downright somber when current Chancellor Angela Merkel met with her Italian counterpart Mario Monti in Rome six weeks ago. Even as the markets were already prematurely celebrating the end of the euro crisis, the chancellor warned: "Europe hasn't turned the corner yet." She also noted that new challenges would constantly emerge in the coming years. Her host conceded that his country had not even overcome the most critical phase yet, and that the fight to save the currency remained an "ongoing challenge." It didn't take long for the two leaders' concerns to prove justified. The Spanish economy has continued its decline, interest rates for southern European government bonds are rising once again, and election results in both France and Greece have shown that citizens are tired of austerity programs. In short, no one can be certain that the monetary union will survive in the long term....Many of the euro's problems can be traced to its birth defects. For political reasons, countries were included that weren't ready at the time. Furthermore, a common currency cannot survive on the long term if it is not backed by a political union. Even as the euro was being born, many experts warned that currency union members didn't belong together....It didn't take long for the two leaders' concerns to prove justified. The Spanish economy has continued its decline, interest rates for southern European government bonds are rising once again, and election results in both France and Greece have shown that citizens are tired of austerity programs. In short, no one can be certain that the monetary union will survive in the long term....With all of the moaning in Greece from the populace about how onerous are the terms that are being imposed on them, I have yet to hear one single suggestion of a solution to the problem. In case the folks in Greece haven't noticed, their current level of public expenditure is completely unsustainable. Who do they think is going to pay for their largesse? It's a simple fact that the Greek economy cannot generate the wealth necessary to support the massive, bloated state (not like anywhere near enough people pay the taxes required for it anyway...) and all of its waste. So, Greece: what's the solution? How are you going to pay? It's your mess: you got yourselves into it, you get yourselves out of it. Enough moaning. Some solutions, please - or we're going to find solutions for you, and no vote in the world will help you escape these.....We're waiting...

22 comments:

Anonymous said...

EUROCRATS are planning to party through the eurozone crisis by holding a bizarre birthday festival this week, it emerged yesterday.




EU citizens are being invited to Brussels to see displays of Tai Chi, cookery, flag throwing and a troop of frolicking clowns.

There is even a display of laughter yoga – an exercise technique from India where participants learn to “laugh for no reason”.

And the highlight of the taxpayer-funded event will be a live performance by a 69-year-old DJ called Mamy Rock.

The attractions are being staged in the European quarter of the Belgian capital on Saturday in a Festival of Europe Open Day at the EU’s institutions.

It is planned around today’s Europe Day anniversary of the foundation of the first step towards European union. But last night, critics were appalled that Brussels chiefs were staging a celebration at a time of worsening political and economic crisis across the EU.








The Eurocrats are laughing at us – at our expense







Euro MP Paul Nuttall, deputy leader of Ukip




Euro MP Paul Nuttall, deputy leader of Ukip, said: “I am sure the millions left destitute and unemployed by the EU’s ruinous policies will join me in denouncing these events. The Eurocrats are laughing at us – at our expense.”


An EU spokeswoman said: “The open day is held every year to invite citizens to find out more about what the EU does.”

But EU officials yesterday declined to disclose how much the event was costing.

Meanwhile, a number of public buildings in the UK will be forced to fly the blue-and-gold EU flag for a week from today.

Whitehall’s office of the Department for Communities and Local Government is among those where staff are forced to comply with the ruling or face a £10,000 fine. Officials are ordered to ensure the flag is flown in a “prominent position at the front of the building”.

Anonymous said...

The problem for Merkel is that she thinks like a small town hausfrau.
Countries are not the same as households, where it makes clear sense to stay within your income.
For countries, cutting expenditure to stay within income affects income itself. They have to take the greatest care over the timescale and magnitude of any cuts (many of which are essential).
This is the point the much-derided Labour opposition keeps making to the Cameron administration

Anonymous said...

Here's today's agenda:

• Government negotiations in Greece: ongoing (will update with firm times)
• French industrial production for March: 7.45am BST / 8.45am CEST
• ECB monthly report: 9am BST / 10am CEST
• Italy industrial production for March: 9am BST / 10am CEST
• Bank of England decision on interest rates/QE: noon BST
• America's trade balance for March: 1.30pm BST / 8.30am ET

Anonymous said...

Klaus Regling, the chief executive of the European Financial Stability Facility (EFSF) has said that Greece will not receive any more financial aid after June until the "troika" team (EU, IMF and ECB) of debt inspectors have concluded their latest review. Speaking in Vienna, he said: ....Under the existing first tranche, which was already approved some time ago, there's another €1bn available for debt service in June, but then there has to be a new Troika visit and an agreement on what happens on the second half of the year and next year, so there will be no further disbursement before there is an agreement with the Troika.....

Anonymous said...

Brussels, 10 May 2012


"In times of economic crisis, when austerity is being called for in the Member States, it is particularly important that the EU uses its resources carefully and minimises waste and fraud", said Christofer Fjellner MEP responsible for the Report on the discharge of the Commission budget for 2010.

"The European Parliament has granted discharge to the Commission, but not unconditionally. We have demanded better management and control of the financial engineering instruments and tougher use of sanctions for Member States mismanaging EU funds."

"80 percent of the budget is implemented by Member States. For the first time, the Commission has disclosed which countries have the highest error rates. Spain, Italy and the UK stand for nearly 60 percent of the errors in cohesion policy. Considering those countries have received EU funds since the 70s, this situation must change. The Commission must use its sanctioning tools, focusing on the worst countries and regions to achieve improvement."

"I am very concerned about cohesion funds. The error rate has gone up from 5.5 in 2009 to 7.7 percent in 2010. The Commission really has to step up the use of sanctioning mechanisms, and this Report gives firm support from Parliament for doing so", said Christofer Fjellner.

"The Financial Engineering Instruments have been an important focus of the Report. These are complicated instruments used instead of direct funds to finance projects. The problem is the lack of control, and the fact that even though the Commission itself considers those to be 'high risk', it proposes a substantial increase in the use of them. The discharge Report demands better information on the risks, costs and results of these instruments", underlined Christofer Fjellner.



Mircea Halaciuga, Esq.
004.0724.58.1078
PROXEMIS - Managementul Riscurilor

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