*CAMERON AND MERKEL AGREE TO EU POWER GRAB OVER NATIONAL BUDGETS AS PART OF “STABILITY UNION”
*NO MORE TAXATION WITH REPRESENTATION PLANNED FOR THE EUROZONE
*BANKER TECHNOCRATS TO REPLACE ELECTED GOVERNMENTS
*GERMAN LAWMAKERS WARN OF WAR IF CENTRALISATION OF POWER IN THE EUROZONE CONTINUES
*GERMAN FINANCE MINISTER THREATENS UK WITH EURO
A new variation of the false Left/Ring wing paradigm to distract people from the bankster take-over of the eurozone and the UK has dominated newspaper headlines today.
A false conflict between UK Prime Minister David Cameron and German Chancellor Angela Merkel has been manufactured by the mainstream media to deflect attention from the way both leaders are actually furthering the interests of the mega banks and accelerating the transformation of the eurozone into a totalitarian super state.
Bankers have already replaced elected governments in Greece and Italy as Europe morphs in to the „United States of Goldman Sachs“ .
Elected governments across the eurozone are now set to lose the power to determine their national budgets altogether under new plans for a „stablility union“ agreed by Merkel and Cameron in Berlin today.
The mainstream media has lamely attempted to disguise the fact that Cameron is acting as a puppet for the UK side of the global offshore banking cartel by portraying Cameron’s agreement to this totalitarian „stability pact“ as a concession made in exchange for something important for the UK.
What might that be? What does the UK really have to gain from allowing Brussels or a Greater Germany to set the national budgets across the eurozone, extinguishing the last flame of democracy in Europe, and fanning the flames of war?
Cameron has given an EU superstate the greenlight in return for promises by Germans to drop a pseudo push for a tax on financial transactions on the City of London.
In fact, a financial transaction tax would probably be far less expensive for the UK taxpapyers than the billions being given in bailouts to the UK and eurozone banks.
A financial tax would help put an end to the bankster machinations which are sending interest rates on national debt spiralling out of control across the eurozone and pushing up the cost of bailouts UK tax payers are expected to fund. A financial tax would do much to stabilise the eurozone and keep it democratic and prosperous. It might also lead to the UK rebuilding its manufacturing base.
The UK economy needs an unregulated City of London like it needs a hole in the head.
When will the people in England finally wake up to the fact that the mega banks and privatised money are ruining their country’s economy? When will they realise that the austerity budget pushed through by Bilderberg George Osborne will drive the country deeper into debt – and leave it without a functioning police force, army or higher education system.
The Telegraph was quick to dismiss the statement by German Finance Minister Wolfgang Schäuble that the euro will be foisted on the Brits sooner than they think as a comedy turn.
“[Schäuble] told the paper that he thought Europe would one day be united under a single currency, though it would take a little while longer. But he added: “It will probably be sooner than many people believe today in the British Isles.”
It’s a fascinating insight into the view from Berlin. But critics may say the comments make Herr Schäuble Europe’s Comical Ali – the Iraqi information minister who against all evidence insisted there were no American troops in Baghdad,” writes The Telegraph.
The reality is far less cheerful.
The UK economy is on its death bed – and Osborne is administering the final lethal doese of poison. Some currency has to replace the pound after it has been destroyed. The Bank of England cannot keep printing money to pay the interest on the souvereign debt forever. At some point, there will be hyperinflation and bankruptcy. If the pound is not going to be replaced by the euro, then just what will replace it?
In view of the fact that Cameron refuses to stand up for the rights of any other eurozone country to decide their own national budget, there is little reasont o hope that he will stand up for the right of the people in the UK to determine their national budget in parliament or their own currency at some future date.
Cameron is forced to put on a theatre to hoodwink the Tory backbenchers, falsely portraying himself as a protector of national interest.
Merkel is also obliged to put on a piece of theatre for her rebellious electorate, increasingly aware of the scale of criminality and incompetence of the EU elite.
As Ambrose Evans-Pritchard points out, the Germans will have to pay the lion’s share of the trillions of euros associated with the inevitable bankruptcy of the eurozone – either directly by austerity or indirectly by hyperinflation. And bankruptcy is inevitable.
The US government declared itself bankrupt 20 years after the 1913 Federal Reserve Act authorized a private central bank to loan money to the government at interest.
http://www.infowars.com/a-plea-for-freedom/
The eurozone could become bankrupt much sooner. In fact, bankruptcy looms just 12 years after the euro and eurozone central bank, the ECB, was set up authorised to give liquidity only to 6,300 private banks. These commercial banks create 97% of the eurozone’s money supply out of thin air and they charge interest.
That means, 97% of the money used in the eurozone is owed to private commercial banks and it has to be paid back with interest.
The only way to pay that interest is to increase the money supply by borrowing more from the same private banks at interest, leading to an ever growing mountain of debt and also inflation.
Charles Crawford explained the exponential way debt grows in any private money system based on interest and compound interest and the catastrophic impact of a high interest debt burden on Italy at a time when its economy has virtually stopped growing.
Artur P Schmidt estimated that Italy’s debts are set to double every ten years if it has to pay an interest rate of 7% on its souvereign debt at a time when its economy is faltering. Greece’s debts are also set to double every 3.5 years at an interest rate of 20%.
Instead of addressing the root cause of the mountain of debt smothering the eurozone — the disasterous impact of the privatised money supply on the economies of Europe, the UK – as well as the stifling straitjacket of the euro currency on the southern eurozone economies, Cameron and Merkel plan to give the bankers a blank cheque to bypass elected governments, draw up budgets and extract as much money as they want from the people across the eurozone under the pretext of the need for fiscal restraint.
They hope that people are clueless about how the elite manipulate public opinion, and clueless about how the fractional reserve banking system really works.
The pair of banker puppets seem to be purposefully stirring up war in the eurozone to deflect attention away from their role in the coming collapse. War has been a favourite means of the elite to eliminate populations they have impoverished.
To finance a really large scale global war, the ECB will have to be allowed to print money. My bet this will happen soon as the elite get more desperate to start a major conflict to divert from the collapse of the eurozone and USA.
But a local, regional eurozone conflict can be funded by Germany. It can also borrow money at a comparatively low interest rate to boost ist weapons manufacturers and army.
FDP lawmakers Burkhard Hirsch and Frank Schäffler today warned that establishing a centralised government for the eurozone risks fanning the flames of war in Europe.
It is inconceivable that the Greeks, Italians, Spaniards and Irish, let alone the Germans, will tolerate banker puppets in Brussels setting austerity budgets and looting their economies for much longer with the complicity of local political elites.
CDU politician Volker Kauder has been provocatively declaring that the whole eurozone now „speaks German.“
The reality is, he has lost control of large parts of his own party along with Merkel. Even Die Welt admits, the grassroots members of the CDU have launched an unprecedented rebellion against the authoritarian and incompetent leadership.
http://www.welt.de/print/wams/politik/article13714233/Sogar-Merkel-wird-es-zu-bunt-in-der-CDU.html
Stock market expert Dirk Müller noted that 50% of the Germans now own only 4% of the country’s total wealth while 2% own 40% of the economy. Low wages, welfare benefits, high unemployment and national debt characterise Germany’s economy in 2011.
The accumulated capital of the country’s phenomenal export success has been directed by the ECB into the southerrn eurozone countries creating credit and property bubbles.
German economist Hans Werner Sinn notes that Germans may never see any of the ECB Target2 payments of 450 billion euros again.
An internal putsch to remove Merkel, Schäubel and other bankster puppets in Germany by the grassroots members of the CDU and CSU cannot happen too soon to avoid a collapse of the eurozone and major conflicts.
The brutal removal of Greek Prime Minister Andreas Papandreou from office for daring to propose a referendum and the installation of a central banker Lucas Papademos — who played a key role in doctoring Greece’s national accounts — should be a warning to everyone, including the Germans and Brits.
More riots swept Athens yesterday as Greece’s economy shrunk by another 5.5 in 2011 and unemployment has reached 15.4%, under the EU, ECB and IMF austerity budget.
All of the eurozone, and the UK, will soon look like Greece if Cameron and Merkel get their way.
The time has come for the people of Europe, the UK and the USA to unite and demand sound public money. If we don’t, we may soon be forced to pay for these national debts with our lives.
