Participant
I agree with Janpor, Germany keep talking about more Europe, but this has to mean Eurobonds or the ECB being the lender of last resort (two thing Germany refuses to allow).
Merkel seems to think endless summits with pointless agreements of lending targets that are no more under their control that the financial markets. These stabilit and growth pacts are nothing more than complete political theatre.
http://www.ft.com/cms/s/0/5abc14ba-a...#axzz1vgcCDRid
"Orthodoxy means not thinking not needing to think. Orthodoxy is unconsciousness.”
George Orwell, 1984
Guru
Would you with your money support a dumb neighbor who throws your banknotes out of the window and call you thereafter as idiot.Originally Posted by janpor
Buchanan says: “Political Correctness is Cultural Marxism, a regime to punish dissent and to stigmatize social heresy as the Inquisition punished religious heresy. Its trademark is intolerance.By classifying its adversaries as haters, or mentally ill... James Burnham says:"Liberalism is the ideology of Western suicide", might today to be compared to the HIV virus that destroys the immune system
Guru
Europa is a nice idea, but without Germany's money.
Buchanan says: “Political Correctness is Cultural Marxism, a regime to punish dissent and to stigmatize social heresy as the Inquisition punished religious heresy. Its trademark is intolerance.By classifying its adversaries as haters, or mentally ill... James Burnham says:"Liberalism is the ideology of Western suicide", might today to be compared to the HIV virus that destroys the immune system
Guru
Yeah, because Germany doesn't gain anything "with Europe".
“The world is big enough to satisfy everyones needs, but will always be too small to satisfy everyones greed.” ~ Ghandi
Guru
This is not the point.
The point is to help your neighbour.
Spain is borrowing on 6%, Germany just borrowed at 0,0%. => Helllo?
Sure, I agree with Conservatives that just introducing Eurobonds is a terrible idea -- because it would remove any incentive for bad-preforming countries to structurually reform.
In short -- there needs to be a deal that works for everybody.
I think you've missed the message of Hollande's election: the re-introducement of France on the European stage, they run the show.
“The world is big enough to satisfy everyones needs, but will always be too small to satisfy everyones greed.” ~ Ghandi
Guru
Yep, you're right!Yeah, because Germany doesn't gain anything "with Europe".
Buchanan says: “Political Correctness is Cultural Marxism, a regime to punish dissent and to stigmatize social heresy as the Inquisition punished religious heresy. Its trademark is intolerance.By classifying its adversaries as haters, or mentally ill... James Burnham says:"Liberalism is the ideology of Western suicide", might today to be compared to the HIV virus that destroys the immune system
Guru
If you go to any bank you would see:
1. An official with a good job can borrow for 2%.
2. A politician for 0,0 %.
3. A blue collar worker for 4%.
4. Those who lost their jobs for 10 % or higher.
I completely agree with you,that's unfair, but banks and their owners rule the world economy.
As well-known owner of banks are have an affiliation to liberals.
Only Conservative Christian Right-Wings can stop it.
Buchanan says: “Political Correctness is Cultural Marxism, a regime to punish dissent and to stigmatize social heresy as the Inquisition punished religious heresy. Its trademark is intolerance.By classifying its adversaries as haters, or mentally ill... James Burnham says:"Liberalism is the ideology of Western suicide", might today to be compared to the HIV virus that destroys the immune system
Analyst
To the OP : it is not a shame of Germany or any other, EU is built over neoliberal ideas which pretty much means the dictatorship of the banks.
We all know for who European bourgeoisie works for and we all know that one way or the other we are (*)(*)(*)(*)ed ; making banking products to solve issues banking products created by the exact same people isn't going to make our life any better.
Analyst
Well I don't think that was the original idea as the neoliberals had not got started when certainly the EEC began. However I would agree that that is the situation now. It is just my hope that people start understanding this and put both limitations on banking and safeguards on Democracy. Interestingly France and Germany do seem to have an interest in introducing at least a Robin Hood tax but it is something which at least the whole EU would need to agree to and that would include the UK which is sustained by fly by night bankers. Really we need world wide agreement but as those are the people who are ruling us and deciding who wins and who loses, those gaining from this system, like the UK, don't seem to want to risk. That is how that it is seen by me anyway. I found a paper the other day saying Greece is still paying a debt back to the US since I think 1888 and that with all the interest it has paid back already 3-4 hundred billion.
Personally I think that one way we could look at the current EU is as the potential end to this system. It needs to be totally transformed so that it can work for the collective good rather than obscene wealth for a tiny minority.
Last edited by alexa; May 29 2012 at 01:49 AM.
Commentator
The french president wants to go on a mediterranean spending binge but he wants to do it with north european lending costs.
Sorry. It doesnt work that way. Theres no way in hell im paying more taxes so that this jackass can pretend that keynesian/class warfare policies are working. If he wants his stimulus, he'd better get the money for it by himself.
LinkBack URL
About LinkBacks
Reply With Quote
Bookmarks