Germans shocked by brazen bullying of lawmakers during bankster bailout vote

The brazen mobbing of German lawmakers during yesterday’s vote on establishing a new bigger bankster bailout fund has sparked outrage with the website freiewelt calling the vote on the most important piece of legislation by the current coalition government a „farce“.

http://www.freiewelt.net/nachricht-8233/lammert-muss-redezeit-f%FCr-efsf–kritiker-erzwingen.html

FRANZ HÖRMANN: Das Paradies bei begrenzten Ressourcen

 As the euro financial system enters its death throes  – and good riddance to the  ECB –, it is time to think about what will come after it.

Vienna Economics Professor Franz Hörmann discusses a new, exciting and enlightened financial model, showing how humanity can enjoy paradise even with limited ressources. English version coming soon.

Das Paradies bei begrenzten Ressourcen

 Franz Hörmann

Die Maximierung von Geldbeträgen verknappt stets das Geld und räumt dem Zahlungsmittelmonopolisten (Geschäftsbanken, die im Kredit verzinstes Schuldgeld erzeugen) eine unbegrenzte Machtstellung ein. Die Bewertung von Gütern und Dienstleistungen in Geld ist aber stets subjektiv, nicht falsifizierbar und damit willkürlich. Auch die Bewerter erhalten damit eine nicht zu rechtfertigende Machtposition. Das „Naturgesetz“ von Angebot und Nachfrage ist hingegen das Übervorteilungsmodell realwirtschaftlichen Unternehmenseigentümer (Shareholder).

NEIN, NEIN, NEIN, and the death of EU Fiscal Union

By Ambrose Evans-Pritchard Economics Last updated: September 30th, 2011

The Telegraph

Judging by the commentary, there has been a colossal misunderstanding around the world of what has just has happened in Germany. The significance of yesterday’s vote by the Bundestag to make the EU’s €440bn rescue fund (EFSF) more flexible is not that the outcome was a “Yes”.

Read more at: http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100012332/nein-nein-nein-and-the-death-of-eu-fiscal-union/

MUST READ: Adrian Salbuchi explains how our financial system works

The Money Masters: Behind the Global Debt Crisis

 By Adrian Salbuchi

Global Research, September 26, 2011

In the US, we see untold millions suffering from the impact of mass foreclosures and unemployment; in Greece, Spain, Portugal, Ireland, and Italy, stringent austerity measures are imposed upon the whole population; all coupled with major banking collapses in Iceland, the UK and the US, and indecent bail-outs of “too-big-to-fail” bankers (Newspeak for too powerful to fail).

EFSF needs to be 4 trillion euros, says Daniel Gros

The new eurozone bailout fund, the EFSF, may need to be as big as 4 trillion euros to assist banks, Daniel Gros, director of the Centre for European Policy Studies, has admitted – and senior officials are afraid to tell lawmakers, reports the FT.

http://www.ft.com/intl/cms/s/0/526099b8-e3a3-11e0-8990-00144feabdc0.html#axzz1Z0HeDTms

The eurozone’s largest 91 banks need 4 trillion euros next year alone to roll over debt but money markets are increasingly refusing to give European banks credit, leaving eurozone tax payer’s to plug the gap unless the banks are nationalised.

The most dangerous law since the second world war: Bernd Karwath and the ESM

29.9.2011 – Bundestags-Abstimmung über das gefährlichste Gesetz der Nachkriegszeit

Bernd Karwath

Liebe Freunde, ob nah oder fern,

bei dem, was am 29. September zur Abstimmung im Bundestag ansteht, sollte eigentlich ein Aufschrei durchs Land gehen. Denn die geplante Legalisierung einer EU-Behörde namens ESM, Europäischer Stabilitäts-Mechanismus, wird mit einem Grundkapital von 700 Milliarden Euro starten, das angeblich verschuldeten Staaten “helfen” soll. Doch dieses Geld wird nicht in der Realwirtschaft von Griechenland oder Portugal oder Irland ankommen und damit bei seinen Menschen, sondern bei den Großbanken, bei der Finanzwirtschaft. Wir sind aufgrund eines auf Geldschöpfung mit Zinserhebung beruhenden Geldsystems an dem Punkt angelangt, wo ein Land wie Griechenland mit all seinen Staatseinnahmen nicht mehr die Zinsen zahlen kann, die von Banken verlangt werden, welche reines Rechengeld verleihen, hinter dem keine realen Wirtschaftsleistungen stehen – während die zu zahlenden Zinsen aus dem bestehen, was immer schlechter entlohnte und mit immer höheren Abgaben belastete Menschen zu erarbeiten haben.

“God particle” found by CERN

Neutrinos may have traveled faster than the speed of light

By Elizabeth Flock, Washington Post

Scientists at CERN, the world’s largest physics lab, announced a startling finding yesterday that would be enough to make Albert Einstein roll over in his grave: Subatomic particles, called neutrinos, have been found to be traveling faster than the speed of light.

Read more: http://www.washingtonpost.com/blogs/blogpost/post/neutrinos-may-have-traveled-faster-than-the-speed-of-light/2011/09/23/gIQAo04HqK_blog.html

Poem on transitions

Many people feel we are in a time of chaos, transformation and transition, and this is a poem I wrote in German — corrected by Bernd Karwath — on this transition. Why not put it on the blog too?

 

Wir befinden uns auf einer Brücke

Auf einem Übergang in eine andere Zeit

Poem: The Torches by Bernd Karwath

Continuing the theme of poetry on today’s blog postings, this is a poem in English about the New World Order by Bernd Karwath from Stuttgart. Brave of him to switch from his native German into English!

Torches in the dusk

 

Mirrors of the dying sun,

The heights, like clouds

Wrought into stone,

Poem: The Feis

I have already put a poem by my Grandfather on this blog and, I thought, why not put one by my mother too?  Freedom to do this kind of thing is a big plus about having your own blog.  This is a poem about an Irish music festival called The Feis and captures well my mother’s love of life.

I have to say, throughout a truly nightmarish two years for me which started when I filed charges against Baxter for contaminating 72 kilos of seasonal flu with the deadly bird flu virus in 2009, so nearly triggering a worldwide pandemic, and throughout relentless persecution by the very justice officials who failed to investigate the incident of incredible danger to so many people, I hope I have not lost my love of life either.  If that is the case, I have only my Mum’s inspiring example to thank.

The Feis 

Twinklin toes and buckles

silver

Fiddlers old with fingers

nimble