If the French public wants the Eurocrats dead, then
there's some hope. The French march, and get what
they want. I'm just glad they've left the cafe' for
a while.
I have recent entries about King Barroso and the EU's
branches using this crisis as a chance for direct rule
from Brussels, in that soon-to-be-divided country,
Belgium. That's what the Troika is , partially, apart from
a bankster scout troop.
Read em: testosterone pit
A French Rebellion Against Unelected Bureaucrats:
“European Coup D’Etat And Rape Of Democracy”
Friday, September 14, 2012 at 9:03PM
When the German Constitutional Court nodded with a stern smile on the ESM bailout fund and the Fiscal Union treaty, the world, or at least the politicians at the top, breathed a sigh of relief. Those two treaties, designed to keep the Eurozone duct-taped together, transfer budgetary sovereignty from elected national parliaments to unelected bureaucrats in the bowels of the European government. The Court attached a laundry list of limits and conditions—not that limits and conditions have ever stopped anything in the Eurozone—and after months of verbal warfare, the revolt of the Germans was over.
But suddenly, steam is billowing once again from the rusty pipes of the Eurozone. This time in France, where the Fiscal Union treaty has been silenced to death—and it could blow apart the whole construct.
The only time the Fiscal Union treaty bubbled up was during the presidential campaign when François Hollande vowed to “renegotiate” the text that President Nicolas Sarkozy had already signed. He won the election. The dust settled. And then, not a word. He hasn’t explained the treaty to his compatriots, hasn’t outlined the sovereignty transfer to unelected bureaucrats, hasn’t indicated which parts he’d renegotiate. Nothing. Nor has he renegotiated one iota. Even during his speech last Sunday, he didn’t mention it. It no longer existed. Yet, on October 2, parliament is scheduled to ratify the exact treaty that Sarkozy had signed.
“European coup d’état and rape of democracy,” howled Marine Le Pen, president of the rightwing National Front, and third in the presidential election, at a press conference on Friday. She’d be “the tip of the spear” against the treaty, she said and called for a referendum. A dreadful word in the French political lexicon. No politician would ever forget the debacle of 2005. In parliament, the European Constitution passed with 93% of the votes. But in the subsequent referendum, the people, who loved their sovereignty, killed it by a margin of 55% to 45%.
She accused the two big parties—Hollande’s Socialists and Sarkozy’s UMP—of “perfect collusion” on topics that determine France’s “destiny as free nation.” With this treaty, the EU would become “the worst enemy of France and of all nations that aspire to prosperity and liberty.”
Sunday, 21 October 2012
Saturday, 20 October 2012
The Debate Crasher: Green party still can't get media coverage
The Prez and VP candidates for the Green Party,
in the US, crashed the last debate, and expected
to get in. Where does she think she finds
herself? In a democracy? WRONG
It's the US of A.
I keep track of many the contrary voices in the US
on Twitter and not many seemed to care. That's
a malaise. If there are so many Occupiers and
Dissidents and yet they cannot bring themselves
to look at other candidates, or become candidates
themselves, then they're stuck in a rut.
Only on :
Russia Today, the best American news
Let's cut to the video:
More later
in the US, crashed the last debate, and expected
to get in. Where does she think she finds
herself? In a democracy? WRONG
It's the US of A.
I keep track of many the contrary voices in the US
on Twitter and not many seemed to care. That's
a malaise. If there are so many Occupiers and
Dissidents and yet they cannot bring themselves
to look at other candidates, or become candidates
themselves, then they're stuck in a rut.
Only on :
Russia Today, the best American news
Let's cut to the video:
More later
Friday, 19 October 2012
the future of Britain is bright
with guys like Joshua Mellors hanging around
Here he is on Max Keiser’s show
let's cut to the video:
Highlights:
14:00 suicide watch
1439 suicides baked into their [bankers’] equations
1550 double hit. QE to banks. Austerity for the people depressing the economy
More control of economy for banks, which is the opposite of what should happen.
It’s an intentional policy.
1705 scapegoating. Globalization of rich guys’ savings. Takes pressure off the real killers
1735 100 million affected.
1757 “misselling” of stuff to Milan that has destroyed Italian cities and their banks.
BBC “straight up lying” about this
1900 thanks to bank tricks, all surplus goes to the banks. Destroys the economy.
1925 this will destroy Germany, UK, US and all its banks. [actually, when that becomes the only option, that is when countries get out their armies and annihilate each other, or their own people]
1955 political sanction for the banks to screw people
2040 fraud per GDP. How can debt be growth, fraudulent debt is even worse. “it looks like there’s a claim on something, but ther isn’t”
2125 30% of GDP is fraud. Therefore , no regulation
2150 end game for Germany. 1 suicide bankers 2 get colonies (rent seeking) in the periphery and then take the new world forward. [3 they destroy the economy, fiat money, and rebellion starts, and that’s when the SDR, one world government, drones and constant surveillance culling all problematic people]
Annexed territories of the centre, or no way out
22 German has suppressed its wages below productivity, other countries can’t compete [thank you very much]. Export unemployment.
Reinvest German surplus in the periphery, but Germans will only agree if the PIIGS are colonies
2320 German fourth Reich. Joshua says people don’t see that [interesting how Germans as well as Brussels are taking advantage of the banking pressure from UK US to pay back, and turning it into direct rule and the fourth reich. I think it will end up with one world government because the Germans and their banks are not the bosses. Their bosses will take over at the appropriate time.]
2350 HFT trading and control of media means you don’t see the colonizing war coming and then its upon you.
2420 osbourne. Not a fool. He knows what he’s doing when he robs the cripples.
“political capture” “he’s doing what he’s told””that the rich are richer since 2008 is a coincidence” cue laughter
Here he is on Max Keiser’s show
let's cut to the video:
Highlights:
14:00 suicide watch
1439 suicides baked into their [bankers’] equations
1550 double hit. QE to banks. Austerity for the people depressing the economy
More control of economy for banks, which is the opposite of what should happen.
It’s an intentional policy.
1705 scapegoating. Globalization of rich guys’ savings. Takes pressure off the real killers
1735 100 million affected.
1757 “misselling” of stuff to Milan that has destroyed Italian cities and their banks.
BBC “straight up lying” about this
1900 thanks to bank tricks, all surplus goes to the banks. Destroys the economy.
1925 this will destroy Germany, UK, US and all its banks. [actually, when that becomes the only option, that is when countries get out their armies and annihilate each other, or their own people]
1955 political sanction for the banks to screw people
2040 fraud per GDP. How can debt be growth, fraudulent debt is even worse. “it looks like there’s a claim on something, but ther isn’t”
2125 30% of GDP is fraud. Therefore , no regulation
2150 end game for Germany. 1 suicide bankers 2 get colonies (rent seeking) in the periphery and then take the new world forward. [3 they destroy the economy, fiat money, and rebellion starts, and that’s when the SDR, one world government, drones and constant surveillance culling all problematic people]
Annexed territories of the centre, or no way out
22 German has suppressed its wages below productivity, other countries can’t compete [thank you very much]. Export unemployment.
Reinvest German surplus in the periphery, but Germans will only agree if the PIIGS are colonies
2320 German fourth Reich. Joshua says people don’t see that [interesting how Germans as well as Brussels are taking advantage of the banking pressure from UK US to pay back, and turning it into direct rule and the fourth reich. I think it will end up with one world government because the Germans and their banks are not the bosses. Their bosses will take over at the appropriate time.]
2350 HFT trading and control of media means you don’t see the colonizing war coming and then its upon you.
2420 osbourne. Not a fool. He knows what he’s doing when he robs the cripples.
“political capture” “he’s doing what he’s told””that the rich are richer since 2008 is a coincidence” cue laughter
Sunday, 14 October 2012
Gangnam style kick in the head for globalisation
Mish Shedlock seems to believe that globalisation is good,
generally, because someone managed to massage the
statistics to convince this particular quant man.
Unfortunately, it's not that simple. If we start with the
necessity to open up cash flows, Mish has already lost
the battle.
Read your Ha Joon Chang - 23 things they don't tell you about capitalism
and others of his books. They're all good, but he's not a quant. He is
another fine Korean export.
http://www.amazon.co.uk/Things-They-About-Capitalism-ebook/dp/B0040QDMBE?oo=312
Fair Trade is Unfair; In Praise of Cheap Labor; Are Bad Jobs at Bad Wages are Better than No Jobs at All? Are Paul Krugman and Mitt Romney On the Same Page?
Are bad jobs at bad wages better than no jobs at all? Should the US demand third world economies pay "living wages"? If so, and if countries don't oblige, should the US impose tariffs so the US does not lose jobs to such countries.
Moral Outrage Over Free Trade
This is what I think....
Moral outrage is common among the opponents of globalization--of the transfer of technology and capital from high-wage to low-wage countries and the resulting growth of labor-intensive Third World exports. These critics take it as a given that anyone with a good word for this process is naive or corrupt and, in either case, a de facto agent of global capital in its oppression of workers here and abroad.
But matters are not that simple, and the moral lines are not that clear. In fact, let me make a counter-accusation: The lofty moral tone of the opponents of globalization is possible only because they have chosen not to think their position through. While fat-cat capitalists might benefit from globalization, the biggest beneficiaries are, yes, Third World workers.
Workers in those shirt and sneaker factories are, inevitably, paid very little and expected to endure terrible working conditions. I say "inevitably" because their employers are not in business for their (or their workers') health; they pay as little as possible, and that minimum is determined by the other opportunities available to workers. And these are still extremely poor countries, where living on a garbage heap is attractive compared with the alternatives.
And yet, wherever the new export industries have grown, there has been measurable improvement in the lives of ordinary people. Partly this is because a growing industry must offer a somewhat higher wage than workers could get elsewhere in order to get them to move. More importantly, however, the growth of manufacturing--and of the penumbra of other jobs that the new export sector creates--has a ripple effect throughout the economy. The pressure on the land becomes less intense, so rural wages rise; the pool of unemployed urban dwellers always anxious for work shrinks, so factories start to compete with each other for workers, and urban wages also begin to rise. Where the process has gone on long enough--say, in South Korea or Taiwan--average wages start to approach what an American teen-ager can earn at McDonald's. And eventually people are no longer eager to live on garbage dumps.
generally, because someone managed to massage the
statistics to convince this particular quant man.
Unfortunately, it's not that simple. If we start with the
necessity to open up cash flows, Mish has already lost
the battle.
Why, you ask?
Well, because it's like closing the gate
after the horse has bolted.
25 trillion dollars is the last
count for how much money is
being hidden in tax havens.
Governments like the UK
are speeding up the process
whereby British companies can register overseas
(in a tax haven)
and thus stop paying Corporation Tax
in the UK, even on their sales in the UK.
Boots (the pharmacy chain) is the latest.
Nick Shaxson showed how Boots just
took the boots to Osborne's bottom line
by being run from a post box in Switzerland.
Miniaturisation, anyone?
But, I always knew globalisation was a con job, when it was
introduced in Canada.I was only a kid. not even in high school.
introduced in Canada.I was only a kid. not even in high school.
They said we'd get better quality jobs. Now Canada is
as hollowed out as theempty factories dominating every major city.
Deal with that if you're a politician. The chickens have come home to roost.
All the politicians can answer with is lies.
as hollowed out as theempty factories dominating every major city.
Deal with that if you're a politician. The chickens have come home to roost.
All the politicians can answer with is lies.
and then they tell us "austerity" when they
know that banks robbed us
banks do not fund manufacturing as easily
jobs are gone to China
businesses that are making money can hide their profits
and IT'S ALL OUR FAULT.
why else would we get the bill, if it wasn't our fault.
It is actually our fault. We don't demand anything better
from democracy.
Mish shoots himself in the foot by mentioning Korea as a country which
has benefitted.
has benefitted.
Samsung is indeed ready to topple Apple, despite short-term losses.
HOWEVER, my friend, Koreans are ethnically very determined to
support their own companies, and so is the Korean government.
The Korean government protected all the now massive Korean
companies, to protect them from ....what? globalisation.
Koreans buy their products first, no matter what's in their best interest.
So, if you live in a nationalistic, ethnically "pure" country with good
home-boy politicians, then go for globalisation. Otherwise,
blow that sh*t up before it destroys your country and you have to
go back to pre-industrial financial models.
Read your Ha Joon Chang - 23 things they don't tell you about capitalism
and others of his books. They're all good, but he's not a quant. He is
another fine Korean export.
http://www.amazon.co.uk/Things-They-About-Capitalism-ebook/dp/B0040QDMBE?oo=312
check it:
Mish's MushFair Trade is Unfair; In Praise of Cheap Labor; Are Bad Jobs at Bad Wages are Better than No Jobs at All? Are Paul Krugman and Mitt Romney On the Same Page?
Are bad jobs at bad wages better than no jobs at all? Should the US demand third world economies pay "living wages"? If so, and if countries don't oblige, should the US impose tariffs so the US does not lose jobs to such countries.
Moral Outrage Over Free Trade
This is what I think....
Moral outrage is common among the opponents of globalization--of the transfer of technology and capital from high-wage to low-wage countries and the resulting growth of labor-intensive Third World exports. These critics take it as a given that anyone with a good word for this process is naive or corrupt and, in either case, a de facto agent of global capital in its oppression of workers here and abroad.
But matters are not that simple, and the moral lines are not that clear. In fact, let me make a counter-accusation: The lofty moral tone of the opponents of globalization is possible only because they have chosen not to think their position through. While fat-cat capitalists might benefit from globalization, the biggest beneficiaries are, yes, Third World workers.
Workers in those shirt and sneaker factories are, inevitably, paid very little and expected to endure terrible working conditions. I say "inevitably" because their employers are not in business for their (or their workers') health; they pay as little as possible, and that minimum is determined by the other opportunities available to workers. And these are still extremely poor countries, where living on a garbage heap is attractive compared with the alternatives.
And yet, wherever the new export industries have grown, there has been measurable improvement in the lives of ordinary people. Partly this is because a growing industry must offer a somewhat higher wage than workers could get elsewhere in order to get them to move. More importantly, however, the growth of manufacturing--and of the penumbra of other jobs that the new export sector creates--has a ripple effect throughout the economy. The pressure on the land becomes less intense, so rural wages rise; the pool of unemployed urban dwellers always anxious for work shrinks, so factories start to compete with each other for workers, and urban wages also begin to rise. Where the process has gone on long enough--say, in South Korea or Taiwan--average wages start to approach what an American teen-ager can earn at McDonald's. And eventually people are no longer eager to live on garbage dumps.
The SOLUTION to KING BARROSO
Now that we're sure that Brussels is riding on the coat-tails of
the IMF, and using this opportunity to push for full EU control
of "democracy" and the military, the only solution is cutting
yourself out the country that you nominally belong to,
especially if that country is colluding with Barosso, the
would-be king of Europe. I mean Spain. The Catalans
may just succeed where nothing else democratic has yet done
in giving the power brokers something to mull over,
and to stick up their butts.
Venice is also looking at going solo.
Scotland had just started its freedom process
UPDATE: Belgium soon to consider splitting up,
Checkitout: Zerohedge
Spanish Military Threatens Treason As Catalonia Seeks Secession Referendum
Submitted by Tyler Durden on 09/24/2012 13:51 -0400
"Do not play with the feelings of the Catalans" is the totally unveiled threat after Catalonia's beggars-can-be-choosers demand for an unconditional bailout fell on deaf ears. The traditionally separatist-minded province has decided, according to ANSAmed, has decided to pull a Greece - and escalate with a move to secession. A resolution, on the right of the Catalan people to cut off ties with the Spanish state, will be voted on Thursday by the regional parliament.
This statement of "the will of Catalan people to vote on the bond with the State of Spain" opens the way for forthcoming elections on November 25 to become a referendum on the sovereignty of Catalonia.
The Spanish military are not taking this lying down with the counter-threat that these 'separatists' and their 'inappropriate and unacceptable' threat to break-up Spain shall be, according to El Economista, charged with high treason. We are sure Draghi has a 'grand plan' for this.
Via ANSAmed: Spain: Catalan Parliament will vote on right of independence
(ANSAmed) - Madrid, September 24 - The parties which played a central role in the National Day of Catalonia on September 11, 2012 are now working on a statement on the right of the Catalan people to cut off the tie with the Spanish state.
The resolution will be voted on Thursday by the regional parliament, at the end of the general debate due to start tomorrow. To the writing of the resolution on sovereignty, which is not binding, are participating the following parties: Convergencia i Union (CiU), the ruling party in the Generalitat, with 62 deputies; Iniciativa (ICV-Euia), with 10 deputies; Esquerra Republicana (ERC), 10 deputies, the independents of Solidaritat, 3 deputies, and Joan Laporta.
The Popular Party (PP) (18 deputies) and Ciutadans (3) are against the initiative, while the Socialist Party (PSC, 28) proposes to move towards the construction of a federal state.
the IMF, and using this opportunity to push for full EU control
of "democracy" and the military, the only solution is cutting
yourself out the country that you nominally belong to,
especially if that country is colluding with Barosso, the
would-be king of Europe. I mean Spain. The Catalans
may just succeed where nothing else democratic has yet done
in giving the power brokers something to mull over,
and to stick up their butts.
Venice is also looking at going solo.
Scotland had just started its freedom process
UPDATE: Belgium soon to consider splitting up,
setting Brussels free to enslave the other 26.5 countries
Peacefully
Checkitout: Zerohedge
Spanish Military Threatens Treason As Catalonia Seeks Secession Referendum
Submitted by Tyler Durden on 09/24/2012 13:51 -0400
"Do not play with the feelings of the Catalans" is the totally unveiled threat after Catalonia's beggars-can-be-choosers demand for an unconditional bailout fell on deaf ears. The traditionally separatist-minded province has decided, according to ANSAmed, has decided to pull a Greece - and escalate with a move to secession. A resolution, on the right of the Catalan people to cut off ties with the Spanish state, will be voted on Thursday by the regional parliament.
This statement of "the will of Catalan people to vote on the bond with the State of Spain" opens the way for forthcoming elections on November 25 to become a referendum on the sovereignty of Catalonia.
The Spanish military are not taking this lying down with the counter-threat that these 'separatists' and their 'inappropriate and unacceptable' threat to break-up Spain shall be, according to El Economista, charged with high treason. We are sure Draghi has a 'grand plan' for this.
Via ANSAmed: Spain: Catalan Parliament will vote on right of independence
(ANSAmed) - Madrid, September 24 - The parties which played a central role in the National Day of Catalonia on September 11, 2012 are now working on a statement on the right of the Catalan people to cut off the tie with the Spanish state.
The resolution will be voted on Thursday by the regional parliament, at the end of the general debate due to start tomorrow. To the writing of the resolution on sovereignty, which is not binding, are participating the following parties: Convergencia i Union (CiU), the ruling party in the Generalitat, with 62 deputies; Iniciativa (ICV-Euia), with 10 deputies; Esquerra Republicana (ERC), 10 deputies, the independents of Solidaritat, 3 deputies, and Joan Laporta.
The Popular Party (PP) (18 deputies) and Ciutadans (3) are against the initiative, while the Socialist Party (PSC, 28) proposes to move towards the construction of a federal state.
send in the Klaus. Vaclav Klaus
It's really demoralising that all of the democratic symbols
of the EU aresinging the same enslavement song. I just
saw the EU parliament, or some such sh*t, listening to
Mario Draghi lie through his teeth, and hardly anybody
could raise even a fart-sized stink about the
continuation of "Let's Save a Bank".
One lady did say something about the fact that Draghi's unit,
let's cut to another chunk of the show:
So, when there are national leaders anywhere, esp. in the EU,
who are giving this system a swift kick in the arse, I'm
immediately interested.
Vaclav Klaus is the Prez of the Czechs. I thought he was a
curmudgeon, but that was before the crisis . Now, he's
about the wisest guy around. Check his pontifications
below and also Viktor Orban, the PM of Hungary.
But first, I need to give a slap to Mush/Mish Shedlock.
He is pissed off about the Far Right in Greece, Golden
Dawn, and what they are doing. However, this is what
happens, Mish, when none of the elected politicians
have the guts to stand up to the Banker Putsch, which
Mish hasn't been loud enough in his criticism of. Take
for e.g. taxing rich people and banks. Mish is against
that. Well, bring on the fasicsts, Mish. They'll fix things .
checkit:
“There is no such person as a legal immigrant,” says Mr Kassidiaris, a former Greek army commando whose approval rating soared after he slapped a female Communist parliamentary candidate on a breakfast television talk-show.
Yet Golden Dawn has also tried to build an image of social responsibility, through regular food distributions to needy Greeks registered with the party and by providing a service to accompany pensioners to the bank in neighbourhoods where muggings – which they blame on immigrants – are frequent. [FT newspaper]
Maria Tsalpatura, a 75-year-old retired schoolteacher, says she calls Golden Dawn every month before she goes to collect her pension. “They come on time and they’re very polite, I think they offer a real service,” she says.
This cannot possibly end well, whether or not Greece gets a time extension.
Policies have driven Greece straight into the hands of extreme radicals on the right and left, both of which have had enough of the Troika and Germany.
.....
Automatic Earth on Vaclav Klaus:
Czech President Václav Klaus gives his view in the Telegraph this weekend. Klaus is not my favorite person, he's certainly no Václav Havel, but he provides a few good insights here.
Václav Klaus warns that the destruction of Europe's democracy may be in its final phase
The new push for a European Union federation, complete with its own head of state and army, is the "final phase" of the destruction of democracy and the nation state, the president of the Czech Republic has warned.
In an interview with The Sunday Telegraph, Václav Klaus warns that "two-faced" politicians, including the Conservatives, have opened the door to an EU superstate by giving up on democracy, in a flight from accountability and responsibility to their voters. "We need to think about how to restore our statehood and our sovereignty. That is impossible in a federation. The EU should move in an opposite direction," he said.
Last week, Germany, France and nine other of Europe's largest countries called for an end to national vetoes over defence policy as Guido Westerwelle, the German foreign minister, urged the creation of a directly elected EU president "who personally appoints the members of his European government".
Mr Westerwelle, in a reference to British opposition, called for nation states to be stripped of vetoes on defence to "prevent one single member state from being able to obstruct initiatives" which "could eventually involve a European army".
The new offensive followed the unprecedented declaration by the Commission's president, José Manuel Barroso[MAOIST-Costick67], during his "state of union" address to the European Parliament on 12 September, that he would make proposals for a fully-fledged EU "federation" in 2014. "Let's not be afraid of the word," he said.[CULTURAL PURGES COMING SOON-Costick67]
[..] Mr Klaus described Mr Barroso's call for a federation, quickly followed by the German-led intervention, as an important turning point.
"This is the first time he has acknowledged the real ambitions of today's protagonists of a further deepening of European integration. Until today, people, like Mr Barroso, held these ambitions in secret from the European public," he said. "I'm afraid that Barroso has the feeling that the time is right to announce such an absolutely wrong development. "They think they are finalising the concept of Europe, but in my understanding they are destroying it." [..]
"When it comes to the political elites at the top of the countries, it is true, I am isolated," he said. "Especially after our Communist experience, we know, very strongly and possibly more than people in Western Europe, that the process of democracy is more important than the outcome". [..]
In his book, Europe: The Shattering of Illusions, to be published by Bloomsbury on Thursday, Mr Klaus makes the case that the EU has evolved into its current form because political leaders have found it convenient to turn away from their nation states, where voters have historically been able to hold them to account.
"Political elites have always known that the shift in decision-making from the national to the supranational level weakens the traditional democratic mechanisms (that are inseparable from the existence of the nation state), and this increases their power in a radical way. That is why they wanted this shift so badly in the past, and that is why they want it today," he writes.
"The authors of the concept of European integration managed to short circuit the minds of the people, making a link between Hitler's aggressive nationalism (nationalism of a totally negative type) and the traditional nation state, calling into question the existence of nation states in general. Of the many fatal mistakes and lies that have always underpinned the evolution of the EU, this is one of the worst."
of the EU aresinging the same enslavement song. I just
saw the EU parliament, or some such sh*t, listening to
Mario Draghi lie through his teeth, and hardly anybody
could raise even a fart-sized stink about the
continuation of "Let's Save a Bank".
One lady did say something about the fact that Draghi's unit,
the Draghi-net
doesn't have any women on it.
Feminists on the front lines!
One French MEP,Coullard said
"while you're at it,
"while you're at it,
they don't have to be from Goldman Sachs, either"
Nice zinger, chicky. But there's more at play here than
zinging the petty potentate of the Bankocracy.
Draghi looked at her, with his crooked smile
(a sign of mental illness) and said nothing.
let's cut to another chunk of the show:
So, when there are national leaders anywhere, esp. in the EU,
who are giving this system a swift kick in the arse, I'm
immediately interested.
Vaclav Klaus is the Prez of the Czechs. I thought he was a
curmudgeon, but that was before the crisis . Now, he's
about the wisest guy around. Check his pontifications
below and also Viktor Orban, the PM of Hungary.
But first, I need to give a slap to Mush/Mish Shedlock.
He is pissed off about the Far Right in Greece, Golden
Dawn, and what they are doing. However, this is what
happens, Mish, when none of the elected politicians
have the guts to stand up to the Banker Putsch, which
Mish hasn't been loud enough in his criticism of. Take
for e.g. taxing rich people and banks. Mish is against
that. Well, bring on the fasicsts, Mish. They'll fix things .
checkit:
First Mish, then Vaclav. You decide
Mish [3rd paragraph kinda makes GD look good. Troika ever fed anyone?]:
“They went round the villages saying that if they got into parliament they’d call for every immigrant to be deported,” says Panos Damalos, an activist with Anti-Racist Initiative, an immigrant support group.“There is no such person as a legal immigrant,” says Mr Kassidiaris, a former Greek army commando whose approval rating soared after he slapped a female Communist parliamentary candidate on a breakfast television talk-show.
Yet Golden Dawn has also tried to build an image of social responsibility, through regular food distributions to needy Greeks registered with the party and by providing a service to accompany pensioners to the bank in neighbourhoods where muggings – which they blame on immigrants – are frequent. [FT newspaper]
Maria Tsalpatura, a 75-year-old retired schoolteacher, says she calls Golden Dawn every month before she goes to collect her pension. “They come on time and they’re very polite, I think they offer a real service,” she says.
This cannot possibly end well, whether or not Greece gets a time extension.
Policies have driven Greece straight into the hands of extreme radicals on the right and left, both of which have had enough of the Troika and Germany.
.....
Automatic Earth on Vaclav Klaus:
Czech President Václav Klaus gives his view in the Telegraph this weekend. Klaus is not my favorite person, he's certainly no Václav Havel, but he provides a few good insights here.
Václav Klaus warns that the destruction of Europe's democracy may be in its final phase
The new push for a European Union federation, complete with its own head of state and army, is the "final phase" of the destruction of democracy and the nation state, the president of the Czech Republic has warned.
In an interview with The Sunday Telegraph, Václav Klaus warns that "two-faced" politicians, including the Conservatives, have opened the door to an EU superstate by giving up on democracy, in a flight from accountability and responsibility to their voters. "We need to think about how to restore our statehood and our sovereignty. That is impossible in a federation. The EU should move in an opposite direction," he said.
Last week, Germany, France and nine other of Europe's largest countries called for an end to national vetoes over defence policy as Guido Westerwelle, the German foreign minister, urged the creation of a directly elected EU president "who personally appoints the members of his European government".
Mr Westerwelle, in a reference to British opposition, called for nation states to be stripped of vetoes on defence to "prevent one single member state from being able to obstruct initiatives" which "could eventually involve a European army".
The new offensive followed the unprecedented declaration by the Commission's president, José Manuel Barroso[MAOIST-Costick67], during his "state of union" address to the European Parliament on 12 September, that he would make proposals for a fully-fledged EU "federation" in 2014. "Let's not be afraid of the word," he said.[CULTURAL PURGES COMING SOON-Costick67]
[..] Mr Klaus described Mr Barroso's call for a federation, quickly followed by the German-led intervention, as an important turning point.
"This is the first time he has acknowledged the real ambitions of today's protagonists of a further deepening of European integration. Until today, people, like Mr Barroso, held these ambitions in secret from the European public," he said. "I'm afraid that Barroso has the feeling that the time is right to announce such an absolutely wrong development. "They think they are finalising the concept of Europe, but in my understanding they are destroying it." [..]
"When it comes to the political elites at the top of the countries, it is true, I am isolated," he said. "Especially after our Communist experience, we know, very strongly and possibly more than people in Western Europe, that the process of democracy is more important than the outcome". [..]
In his book, Europe: The Shattering of Illusions, to be published by Bloomsbury on Thursday, Mr Klaus makes the case that the EU has evolved into its current form because political leaders have found it convenient to turn away from their nation states, where voters have historically been able to hold them to account.
"Political elites have always known that the shift in decision-making from the national to the supranational level weakens the traditional democratic mechanisms (that are inseparable from the existence of the nation state), and this increases their power in a radical way. That is why they wanted this shift so badly in the past, and that is why they want it today," he writes.
"The authors of the concept of European integration managed to short circuit the minds of the people, making a link between Hitler's aggressive nationalism (nationalism of a totally negative type) and the traditional nation state, calling into question the existence of nation states in general. Of the many fatal mistakes and lies that have always underpinned the evolution of the EU, this is one of the worst."
Tuesday, 18 September 2012
more fake money, please. Gotta build houses
If Quantitative Easing was supposed to be the government
"printing" money to give to banks to save the economy,
then banks should be lending to borrowers who can
use the money to grow the economy.
Well, banks don't do that. They're casino gambler, you see?
So, when the coalition needed to get house builders
building (it makes the economy look healthy), they
need to lend money to the builders.
So, what did they do?
They had to PRINT UP some more
fake money.
So, my rule remains. I think I'll name it.
The Shangrila or Shakedown Theory
The British public will either be corrupt politicians and/or
bankers,
meaning they'll be rich,
or they (that's you and me, and companies without connections)
will be "supported", more like "life support", by the government.
It's all fake money, but one group is living the
high life, while the rest are debt slaves and
marginalised in "democracy" and "capitalism".
"printing" money to give to banks to save the economy,
then banks should be lending to borrowers who can
use the money to grow the economy.
Well, banks don't do that. They're casino gambler, you see?
So, when the coalition needed to get house builders
building (it makes the economy look healthy), they
need to lend money to the builders.
So, what did they do?
They had to PRINT UP some more
fake money.
So, my rule remains. I think I'll name it.
The Shangrila or Shakedown Theory
The British public will either be corrupt politicians and/or
bankers,
meaning they'll be rich,
or they (that's you and me, and companies without connections)
will be "supported", more like "life support", by the government.
It's all fake money, but one group is living the
high life, while the rest are debt slaves and
marginalised in "democracy" and "capitalism".
Wednesday, 12 September 2012
Regal RNC looking for a coronation
I don't really understand US political party rules, but it looks
like somebody is trying to run the Reps from the back room.
The Reps always were a party of money. However, with the
apparent law change, rich guys can really start pulling hard
on the strings.
What this amounts to is a bunch of back room deals to get
Ron Paul to disappear from everything to do with the
convention, which is now over. They've abrogated the
rights of those who voted for Paul to be heard.
There was a vote that was scripted before the
voice vote was even cast. If you watch this
teleprompter shot, John Boner was told what
to say.
If you see the video, these are some everyday Reps
members who are thoroughly pissed off. I don't
suppose this will lead to a big third-party drive.
It should. And Ron Paul should lead it, just because.
let's cut to the video:
I’ll bet even with this groundswell, Ron Paul will still be
too chicken to run. He probably has been threatened
with death, because if he hasn’t, he’s a complete sell-out,
and the last opportunity to take back the US government
for their people.
The bigger picture, as some see it, is that the RNC has to
find a way to doctor the election, when Mormon Rand
don't have a chance. Benny Nunu needs his romp through
the middle East. And he just showed up the US. Perhaps
he wanted to donate to somebody's campaign.
like somebody is trying to run the Reps from the back room.
The Reps always were a party of money. However, with the
apparent law change, rich guys can really start pulling hard
on the strings.
What this amounts to is a bunch of back room deals to get
Ron Paul to disappear from everything to do with the
convention, which is now over. They've abrogated the
rights of those who voted for Paul to be heard.
There was a vote that was scripted before the
voice vote was even cast. If you watch this
teleprompter shot, John Boner was told what
to say.
members who are thoroughly pissed off. I don't
suppose this will lead to a big third-party drive.
It should. And Ron Paul should lead it, just because.
let's cut to the video:
I’ll bet even with this groundswell, Ron Paul will still be
too chicken to run. He probably has been threatened
with death, because if he hasn’t, he’s a complete sell-out,
and the last opportunity to take back the US government
for their people.
The bigger picture, as some see it, is that the RNC has to
find a way to doctor the election, when Mormon Rand
don't have a chance. Benny Nunu needs his romp through
the middle East. And he just showed up the US. Perhaps
he wanted to donate to somebody's campaign.
Monday, 10 September 2012
Third party politics- that's more f$%^&king like it
I've been complaining about the complacent Americans
who are satisfied with blaming Ralph Nader for the
Green God Al Bore's losing the fixed election to
GWB43.
Somebody finally brought the new Green party
campaign to my attention. The new boss is an
eloquent doctor from Mass. and she's causing
a stir about lewd behaviour because her
add used the word to "bullsh*t" to characterise
the words emanating from the backsides of
the Two Animal-based parties (asses and elephants)
Anyway, maybe they'll more than 1% this time.
If you think you've got a better idea, why don't
you run?
greens on real
Conference
Ad
who are satisfied with blaming Ralph Nader for the
Green God Al Bore's losing the fixed election to
GWB43.
Somebody finally brought the new Green party
campaign to my attention. The new boss is an
eloquent doctor from Mass. and she's causing
a stir about lewd behaviour because her
add used the word to "bullsh*t" to characterise
the words emanating from the backsides of
the Two Animal-based parties (asses and elephants)
Anyway, maybe they'll more than 1% this time.
If you think you've got a better idea, why don't
you run?
greens on real
Conference
Ad
Saturday, 8 September 2012
Boomers! Occupy the Oldtimers' Home
From the Max Keiser Files:
Isn't it wild that we have a democratic system and a media
that are all in cohoots with the Banksters, trying to convince
us that the banks are not responsible for everything
falling appart.
Young folks are trying to Occupy this&that, but the police
are squeezing them out of the democratic public debate,
by taking away their public space.
Businesspeople of the billionnaire club, like Bush-pig
Aussie mining I'm-self-made-with-daddy's-inheritance,
are saying that it's just a question of working harder ,
for less money. So, we were supposed to get some
help from the 1%ers who were being shoved out by
the .01%ers. Not gonna happen.
The next battleground is the baby-boomers. The ones
who changed the world with peace, sex, dope and
rock-like music. Many of them left the muddy fields
of Woodstock and took on the business world,
making their thousands if not millions of bucks.
Now, it turns out that their retirement 'plans' have
been ruined because they cannot cash out their
houses and companies.
The Busters (like me), as with the Gens X and Y,
have no such illustrious track records. The boomers
had all the good jobs (as long as they cut their hair and
didn't smoke weed at their desks) all the good
opportunities and thus all the money. The Left-over
generations have no money to buy the retirees out.
As with the present retirees, they will also find
that their financial nest eggs have shrunk to near
zero, so all their life's work has been stolen by
the bubble economy and the outright theft by the
banksters, particularly over the last 5 years.
Are the boomers gonna take on the banksters,
or are they gonna believe the bullshit emanating
from the media (Wall Street Journal, Economist)
that it's all been a dose of bad fate, and that nobody
can be found to take the blame. Perhaps democracy
is to blame for "redistributing wealth to the people"?
Well, if they're that stupid, then boomers deserve to be
robbed. If they want to join us in the Occupy
movement, they will be welcome. They can start
to build on their immense financial and political
power to get the changes we need.
Or else, they'll be Occupying the bridges and
overpasses, the parks and the tent cities, with
the rest of us.
Checkitout: Economist Buttonwood
Democracies and debt
Voters are now facing a harsh truth
Sep 1st 2012 | from the print edition
ALMOST half the world’s population now lives in a democracy, according to the Economist Intelligence Unit, a sister organisation of this newspaper. And the number of democracies has increased pretty steadily since the second world war. But it is easy to forget that most nations have not been democratic for much of their history and that, for a long time, democracy was a dirty word among political philosophers.
One reason was the fear that democratic rule would lead to ruin. Plato warned that democratic leaders would “rob the rich, keep as much of the proceeds as they can for themselves and distribute the rest to the people”. James Madison, one of America’s founding fathers, feared that democracy would lead to “a rage for paper money, for an abolition of debts, for an equal division of property and for any other improper or wicked projects”. Similarly John Adams, the country’s second president, worried that rule by the masses would lead to heavy taxes on the rich in the name of equality.[How ironic, now that the rich are robbing us-Costick67] As a consequence, “the idle, the vicious, the intemperate would rush into the utmost extravagance of debauchery, sell and spend all their share, and then demand a new division of those who purchased from them.”
Democracy may have its faults but alternative systems have proved no more fiscally prudent. Dictatorships may still feel the need to bribe their citizens (eg, via subsidised fuel prices) to ensure their acquiescence while simultaneously spending large amounts on the police and the military to shore up their power. The absolute monarchies of Spain and France suffered fiscal crises in the 17th and 18th centuries, and were challenged by Britain and the Netherlands which, though not yet democracies, had dispersed power more widely. Financial problems contributed to the collapse of the Soviet Union.
Nevertheless, with much of the democratic world now in the throes of a debt crisis, it is tempting to ask whether the fears of Madison and Adams have come to pass. Given the rise in inequality in America and Britain over the past 30 years, it is hard to argue that democracies have led to the confiscation of private wealth. Quite the reverse: modern American politicians either need to be wealthy, or need the financial backing of the rich....
Wall Street Journal via Yahoo
'The Economy Stole My Retirement'
Retirements in Peril for Entrepreneurs in Their 60s and 70s Who Can't Sell Their Companies
By Sarah E. Needleman and Emily Maltby |
Thu, Aug 30, 2012 12:50 PM EDT
Danny Sullivan dreams of gardening and spending time with his grandchildren, but that's just a fantasy. Retirement is out of his reach, at least for the foreseeable future.
The 62-year-old founder of a small catering company spends his days helping stock bars with beer and ice, wooing potential new clients and juggling the 20 to 30 different events his firm handles daily.
"I am so tired," he says. "I don't know that I'll ever be able to retire."
The weak economy has been tough for small-business owners across the board, with their total revenue inching up by just 3% since 2007 and declining in fields such as construction (-12%), real-estate services (-3%) and retailing (-2%), according to financial-software maker Intuit Inc. But for entrepreneurs in their 60s and 70s, the consequences have been particularly vexing.
Danny Sullivan has struggled to sell Arguello Catering. (Jason Henry for WSJ)Many of them are stuck in "business purgatory," unable to retire and forced to hang on for a recovery that economists say could still be a long way off.
Mr. Sullivan has struggled to sell Arguello Catering Inc., the Redwood City, Calif., business he started 21 years ago, at a price anywhere near the $850,000 or so he figures he needs to stop working. He reckons that about 70% of his nest egg is tied up in the 25-employee company.
Its annual revenue has fallen to roughly $2 million from $3 million before the recession, Mr. Sullivan says. He has tried, without success, to boost the business's value by branching into new markets, expanding hours of operation and adding healthier menu options. He says he got three offers for Arguello this year, but they were far too low.
Nearly half of the 799 small-business owners surveyed in August by The Wall Street Journal and Vistage International, an executive-mentoring organization, expect to retire after age 65, with 38% saying that their planned retirement date is later than they had predicted five years ago. In addition, 56% said most of their retirement nest egg is tied to their business.
Baby boomers, in many cases, were blindsided by the recession and its effect on their retirement plans, says George Vozikis, director of the Institute for Family Business at California State University in Fresno.
"Boomer entrepreneurs grew up believing in the American dream that you could start a business and eventually sell it for a good return or pass it onto your kids," adds Aaron Chatterji, associate professor at Duke University's Fuqua School of Business in Durham, N.C. "Because of the financial crisis and subsequent recession, that is more difficult today."
Judy Lawton, 69, says she would like to sell the small staffing company she started 27 years ago. She figures she needs to sell it for close to $2 million to live comfortably. But her company was hit hard by the job-market slump, and its revenue is down by about 60% from before the recession.
.....more, at WSJ
Isn't it wild that we have a democratic system and a media
that are all in cohoots with the Banksters, trying to convince
us that the banks are not responsible for everything
falling appart.
Young folks are trying to Occupy this&that, but the police
are squeezing them out of the democratic public debate,
by taking away their public space.
Businesspeople of the billionnaire club, like Bush-pig
Aussie mining I'm-self-made-with-daddy's-inheritance,
are saying that it's just a question of working harder ,
for less money. So, we were supposed to get some
help from the 1%ers who were being shoved out by
the .01%ers. Not gonna happen.
The next battleground is the baby-boomers. The ones
who changed the world with peace, sex, dope and
rock-like music. Many of them left the muddy fields
of Woodstock and took on the business world,
making their thousands if not millions of bucks.
Now, it turns out that their retirement 'plans' have
been ruined because they cannot cash out their
houses and companies.
The Busters (like me), as with the Gens X and Y,
have no such illustrious track records. The boomers
had all the good jobs (as long as they cut their hair and
didn't smoke weed at their desks) all the good
opportunities and thus all the money. The Left-over
generations have no money to buy the retirees out.
As with the present retirees, they will also find
that their financial nest eggs have shrunk to near
zero, so all their life's work has been stolen by
the bubble economy and the outright theft by the
banksters, particularly over the last 5 years.
Are the boomers gonna take on the banksters,
or are they gonna believe the bullshit emanating
from the media (Wall Street Journal, Economist)
that it's all been a dose of bad fate, and that nobody
can be found to take the blame. Perhaps democracy
is to blame for "redistributing wealth to the people"?
AahAhahAHHAhAhahaha
Well, if they're that stupid, then boomers deserve to be
robbed. If they want to join us in the Occupy
movement, they will be welcome. They can start
to build on their immense financial and political
power to get the changes we need.
Or else, they'll be Occupying the bridges and
overpasses, the parks and the tent cities, with
the rest of us.
Checkitout: Economist Buttonwood
Democracies and debt
Voters are now facing a harsh truth
Sep 1st 2012 | from the print edition
ALMOST half the world’s population now lives in a democracy, according to the Economist Intelligence Unit, a sister organisation of this newspaper. And the number of democracies has increased pretty steadily since the second world war. But it is easy to forget that most nations have not been democratic for much of their history and that, for a long time, democracy was a dirty word among political philosophers.
One reason was the fear that democratic rule would lead to ruin. Plato warned that democratic leaders would “rob the rich, keep as much of the proceeds as they can for themselves and distribute the rest to the people”. James Madison, one of America’s founding fathers, feared that democracy would lead to “a rage for paper money, for an abolition of debts, for an equal division of property and for any other improper or wicked projects”. Similarly John Adams, the country’s second president, worried that rule by the masses would lead to heavy taxes on the rich in the name of equality.[How ironic, now that the rich are robbing us-Costick67] As a consequence, “the idle, the vicious, the intemperate would rush into the utmost extravagance of debauchery, sell and spend all their share, and then demand a new division of those who purchased from them.”
Democracy may have its faults but alternative systems have proved no more fiscally prudent. Dictatorships may still feel the need to bribe their citizens (eg, via subsidised fuel prices) to ensure their acquiescence while simultaneously spending large amounts on the police and the military to shore up their power. The absolute monarchies of Spain and France suffered fiscal crises in the 17th and 18th centuries, and were challenged by Britain and the Netherlands which, though not yet democracies, had dispersed power more widely. Financial problems contributed to the collapse of the Soviet Union.
Nevertheless, with much of the democratic world now in the throes of a debt crisis, it is tempting to ask whether the fears of Madison and Adams have come to pass. Given the rise in inequality in America and Britain over the past 30 years, it is hard to argue that democracies have led to the confiscation of private wealth. Quite the reverse: modern American politicians either need to be wealthy, or need the financial backing of the rich....
Wall Street Journal via Yahoo
'The Economy Stole My Retirement'
Retirements in Peril for Entrepreneurs in Their 60s and 70s Who Can't Sell Their Companies
By Sarah E. Needleman and Emily Maltby |
Thu, Aug 30, 2012 12:50 PM EDT
Danny Sullivan dreams of gardening and spending time with his grandchildren, but that's just a fantasy. Retirement is out of his reach, at least for the foreseeable future.
The 62-year-old founder of a small catering company spends his days helping stock bars with beer and ice, wooing potential new clients and juggling the 20 to 30 different events his firm handles daily.
"I am so tired," he says. "I don't know that I'll ever be able to retire."
The weak economy has been tough for small-business owners across the board, with their total revenue inching up by just 3% since 2007 and declining in fields such as construction (-12%), real-estate services (-3%) and retailing (-2%), according to financial-software maker Intuit Inc. But for entrepreneurs in their 60s and 70s, the consequences have been particularly vexing.
Danny Sullivan has struggled to sell Arguello Catering. (Jason Henry for WSJ)Many of them are stuck in "business purgatory," unable to retire and forced to hang on for a recovery that economists say could still be a long way off.
Mr. Sullivan has struggled to sell Arguello Catering Inc., the Redwood City, Calif., business he started 21 years ago, at a price anywhere near the $850,000 or so he figures he needs to stop working. He reckons that about 70% of his nest egg is tied up in the 25-employee company.
Its annual revenue has fallen to roughly $2 million from $3 million before the recession, Mr. Sullivan says. He has tried, without success, to boost the business's value by branching into new markets, expanding hours of operation and adding healthier menu options. He says he got three offers for Arguello this year, but they were far too low.
Nearly half of the 799 small-business owners surveyed in August by The Wall Street Journal and Vistage International, an executive-mentoring organization, expect to retire after age 65, with 38% saying that their planned retirement date is later than they had predicted five years ago. In addition, 56% said most of their retirement nest egg is tied to their business.
Baby boomers, in many cases, were blindsided by the recession and its effect on their retirement plans, says George Vozikis, director of the Institute for Family Business at California State University in Fresno.
"Boomer entrepreneurs grew up believing in the American dream that you could start a business and eventually sell it for a good return or pass it onto your kids," adds Aaron Chatterji, associate professor at Duke University's Fuqua School of Business in Durham, N.C. "Because of the financial crisis and subsequent recession, that is more difficult today."
Judy Lawton, 69, says she would like to sell the small staffing company she started 27 years ago. She figures she needs to sell it for close to $2 million to live comfortably. But her company was hit hard by the job-market slump, and its revenue is down by about 60% from before the recession.
.....more, at WSJ
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