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Margaret Thatcher Was Correct About Why The Euro Would Be A Disaster
 Margaret Thatcher was an incredibly polarizing figure, but everyone should be able to agree that she was absolutely spot on about why the Euro would be such a disaster.
As Peter Oborne reported in the Telegraph In 2010, Thatcher's two autobiographies, "The Downing Street Years" (1993) and "The Path To Power" (1995) discussed the tactics she would use to argue against the EMU (Economic and Monetary Union), which she wanted no part of.
Basically, she outlined the problems with the euro perfectly, that Germany would chafe at the inevitable need for greater inflation, and that the poorer countries would inevitably be uncompetitive and need bailouts that would not easily be forthcoming.
This paragraph is from "The Path To Power," where she discusses conversations with John Major (her successor) about negotiating with the rest of Europe. She just totally nails the inflation and competitiveness angles |
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April 11th 2013 |
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The Euro’s Original Sin
All along Europe’s Mediterranean coast, grumbling about German domination of Europe, and especially of the eurozone, is getting louder and angrier.
The irony is that the euro was created largely to prevent Germany from dominating Europe.
Though they don’t often mention it, the governments of Britain and France were aghast at the thought of a powerful, reunited Germany emerging in the center of Europe when the Berlin Wall came down in 1989. The Times of London reported in 2009 that then-Prime Minister Margaret Thatcher asked Soviet leader Mikhail Gorbachev, two months before the wall was breached, to do whatever he could to prevent reunification.
West Germany was a NATO ally of Britain and France, not to mention the United States. Official NATO policy favored Germany’s peaceful reunification. Yet Thatcher told Gorbachev to pay no attention to the public pronouncements.
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Marsh 28th 2013 |
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European economy struggles under debt and staggering unemployment: EU unemployment at record while nations pile into massive levels of debt. Inflation censorship.
 The European Union is the largest economy in the world combining the collective buying and selling power of multiple countries. If you’re biggest customer is having troubles, it is expected that the world would be concerned. Not so with the stock market. The EU is currently sitting at a high in respect to their unemployment rate and nations continue to be weighed down by enormous levels of debt. This is what is crushing Spain, Italy, and Greece. Yet there seems to be some underlying euphoria in all of it. Similar to our US market, the stock markets simply do not reflect the underlying fundamentals in these regions. This is why at the same time the Dow reached a peak, we reached a peak in food stamp usage. The EU is still facing deep economic issues but the markets do not seem to care. Probably because only a small portion of the population is even participating in the markets.
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Marsh 16th 2013 |
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Union Crack: 'EU govt 'austerity' policies go against people's will'
 A day of action, involving some of the largest trade unions in Europe, begins today - ahead of a two-day European Summit. The protests are aimed at the massive and growing joblessness across the bloc - as well as all austerity cuts. Lode Vanoost, international consultant and former deputy speaker of the Belgian Parliament talks to RT. Marsh 15th 2013
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| Marsh 15th 2013 |
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Union Crack: 'EU govt 'austerity' policies go against people's will'
A day of action, involving some of the largest trade unions in Europe, begins today - ahead of a two-day European Summit. The protests are aimed at the massive and growing joblessness across the bloc - as well as all austerity cuts. Lode Vanoost, international consultant and former deputy speaker of the Belgian Parliament talks to RT.
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Marsh 15th 2013 |
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EU demands access to details of all UK drivers: 'Orwellian' move to hand out personal information to foreign police forces
MailOnline:
 Brussels is demanding that 26 police forces across the EU should have access to the personal details of every motorist in Britain.
The Government is being threatened with fines totalling millions of pounds unless it obeys the ‘Orwellian’ edict.
Foreign police also want open access to the UK’s national DNA database and fingerprint records so they can check them against crime scenes and camera footage.
MPs and civil liberties groups fear identity mistakes will lead to Britons being accused of crimes they have not committed. But there is particular alarm at the idea of overseas police having access to information about every registered driver in the UK.
The Driver and Vehicle Licensing Agency database contains details of 38million drivers |
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January 14th 2013 |
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NOW EU WANTS 20% VAT ON NEW HOUSES
AN EU plan to slap VAT on new homes will send prices soaring, experts warned yesterday.Brussels has quietly issued a consultation document that proposes scrapping the current zero VAT rating.he move to charge the full 20 per cent is part of a plan to standardise tax rates across Europe. It would drive up the average price of a new home by £48,000 from £238,000 to £286,000 and have a catastrophic impact on the UKThe huge increase would price people out of the market, make it even more difficult to get a mortgage and bring the building industry to its knees. Only about 130,000 homes were built across Britain last year – a historic low. Any reduction in numbers would exacerbate the country’s housing crisis.
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November 9 th 2012 |
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Another Step Toward A Federal Europe? Talks To Expand Centralized EU Budget Could Be Watershed Moment
Against this background, today’s reports that the EU’s leaders are considering expanding the EU’s centralized budget in an attempt to fight the crisis may represent the start of a significant development.
Despite the common belief that the EU is a lumbering behemoth, its budget is actually one about one percent of European GDP and about 40 percent of it goes to supporting farmers. Scaling up this fund to be an effective tool for assisting countries in trouble would raise a host of questions
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September 28 th 2012 |
| EUROPE Is Now In A Completely Unmanageable Situation: The Spain & Greece Faced Mass Anti-Austerity Protests, While Greece Was Reported To Be Billions of Euro Off-Track In Meeting The Terms of Its Bailout And S&P Sees New Recession Hitting Euro Zone
Greece’s two largest labor unions went on strike today, disrupting flight and train services and forcing hospitals to depend on emergency staff.
This is the first general strike in Greece since the coalition government came to power.
Protestors gathering around the Greek Parliament in Athens, throwing Molotov cocktails at the riot police but have been pushed out of the main square now, according to BBC.
Click here to jump to the photos >
Meanwhile, Spain which saw massive anti-austerity protests yesterday, also saw a smaller number of demonstrators take to the streets today. But the demonstrations are expected to gather steam and some reports say 1,300 police officers have been deployed to keep clashes in check.
Spain is also grappling with the threat of a Catalan secession, a crucial economic region of the country. And pressure is building on Mariano Rajoy to request a sovereign bailout, though he has said he will only do so if the country’s borrowing costs stay high over a long period of time.
Markets are selling off across Europe. Spain is down 3 percent, and yields on the Spanish 10-year surged this morning.
We will be updating this feature through the day.
** Debt Crisis: Spanish GDP Falling At ‘Significant Pace’
** Greece Is About To Default AGAIN!
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| September 28 th 2012 |
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EU regulation is making the next crash inevitable
The Teegraph-The European Parliament is back in full session, carrying on as if nothing untoward were taking place beyond its walls. José Manuel Durão Barrosois calling for federalism and a new world order. MEPs are regulating private industries whose workings they barely understand.
Their chief target in this session is the financial services sector, which they find at once baffling and frightening. You won’t be surprised to learn that their proposals will drive business out of the EU as a whole, and London in particular. What might surprise you is that, at the same time, they make another banking collapse far more likely.
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September 17 th 2012 |
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Euro Zone Slips Back to Recession
Europe is slipping into a recession, according to data revealed by the European Central Bank on Wednesday.
Releasing figures ahead of a key ECB meeting scheduled for Thursday, the bank instead reported data that showed the euro zone appeared to have slipped back into recession in the current quarter.
The private sector has contracted for a seventh month, according to the ECB report, with problems extending even as far as Germany, the one nation which had managed to avoid the economic crisis till now.Investors are still hoping that Washington will find a way to jump-start the economy. But it's still not clear whether Fed Chairman Ben Bernanke will decide to step in to rescue the situation with more stimulus measures. |
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September 6th 2012 |
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Blissful Ignorance? Crisis-marred EU hit by new highs of illiteracy
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June 4th 2012 |
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Nigel Farage: Escape Euro Prison!
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December 10th 2011 |
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Final attempt to save Eurozone?
The Eurozone crisis seems to be spiraling out of control. In an attempt to try to control the downward spiral in the Eurozone, President Obama met with the members of the EU to try to come up with a solution to the failing Euro. Three counties have already been bailed out and now Italy and Spain may be next in line. Will the Eurozone's collapse affect the global economy? Lauren Lyster, host of Capital Account, joins us to analayze the situation.
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November 30th 2011 |
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Europe plan to 'green' public buildings to cost £50bn
Taxpayers will have to pay billions of pounds a year equipping council houses, town halls, hospitals and other public buildings with the latest green technology, under new proposals by the European Commission .
Local authorities and other public bodies, already struggling with spending cuts, will be obliged to fit schools, swimming pools and libraries, with state-of-the-art insulation, boilers, generators and windows.
Councils say the plan as it affects them alone would cost taxpayers up to £50bn.
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November 29th 2011 |
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EU Slavery: Media hiding truth about debt crisis
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November 28th 2011 |
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EU's unemployed youth threatened by social exclusion
Young people have the highest unemployment rate in the EU, an average of 20 percent. That's twice the percentage seen in the whole working population. In some countries, like Spain and Greece, that figure reaches about 40 percent. These numbers threaten to marginalize Europe's young people. Officials and experts delivered this message in Brussels.
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November 20th 2011 |
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Eurozone crisis: who is pulling the strings in Europe?
It has been dubbed Europe's Politburo: a "self-appointed body of powerful individuals prepared to topple national governments if they fail to toe the line." The so-called Groupe de Francfort came together last month at a party for the retiring chief of the European Central Bank, Jean-Claude Trichet.
They met four times at the margins of the G20 summit - and marked themselves out by sporting GdF lapel badges. But who are the "Groupe de Francfort"?
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November 12th 2011 |
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Out Of The Ashes Of The Collapse Of The Eurozone Will A “United States Of Europe” Arise?
 All over Europe, headlines are declaring that the eurozone is on the verge of collapse. Many people falsely assume that this will mean the end of the euro and a return to national currencies. Unfortunately, that is not going to be the case at all. Instead, this is going to be yet another example of how the elite attempt to bring order out of chaos. The European elite have no intention on giving up on a united Europe. Rather, they hope to be able to bring to life a new "United States of Europe" out of the ashes of the existing eurozone. Over the coming months we will see widespread panic and fear all across Europe. The euro will likely sink like a rock and there will probably be huge financial problems in Europe and all around the globe. But for the European elite, a great crisis like this represents a golden opportunity to tear down the existing structures and build new ones. The solution that the European elite will be pushing will not be to go back to the way that Europe used to be. Instead, they will be pushing the idea of a much more tightly integrated Europe really hard.
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November 13th 2011 |
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Europe’s Politburo
At the G20 summit in Cannes at the weekend, a small number of delegates could be seen sporting lapel badges announcing their membership of the Groupe de Francfort (GdF). This has become the informal leadership body of the eurozone, the A-team set up to deal with the crisis – or rather to continue dithering over what to do about it. Members of the GdF include Angela Merkel, the German Chancellor, and Nicolas Sarkozy, the French president.
The group also comprises the chiefs of the European Commission, the European Central Bank and the EU Council. It has been called Europe’s Politburo – and the nickname is particularly apposite. For if the European Union has exhibited one defining characteristic over its lifetime, it has been a profound dislike of democratic decision-making. The GdF is something that would have been familiar in the old Soviet Union – a self-appointed body of powerful individuals prepared to topple national governments if they fail to toe the line. The GdF met four times on the sidelines of the Cannes summit, issuing ultimatums to Greece and Italy that have destabilised the administrations in both countries. |
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November 10th 2011 |
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50% OF TORY MPS WANT BRITAIN TO LEAVE THE EU
More than 150 – nearly twice as many as those who voted for a referendum last week – want the UK to free itself from the shackles of Brussels interference.
Conservative rebel Mark Reckless claimed as many as half of the 306-strong Parliamentary party were in favour of total withdrawal.
He said the proportion was “probably quite similar to the country as a whole”, citing a recent YouGov poll that claimed 52 per cent of people want to come out of Europe and only 31 per cent want to stay in.His comments come amid fresh demands for an EU vote after Greece announced it was to hold a plebiscite on a new European bailout.Greek Prime Minister George Papandreou said he wants voters to decide in a referendum if they want the 100 billion euro handout. |
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November 2th 2011 |
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This was the week that European democracy died
By Janet Daley
Democracy went down in a blaze of glory last week. Both the German Bundestag and our own House of Commons put up one hell of a fight against the dying of the light. Maybe history will record that fact in an elegy on the demise of the great 18th-century experiment in government by the people: they were eloquent to the end. Because at the end, eloquence was all they had.
Trying to hold back the resurgence of oligarchy – the final dismantling of democratic responsibility in the governing of Europe – has been looking pretty hopeless for a long time. That eruption of excellent rhetoric and faultless argument which sprang to the defence of the rights of the governed (and in Germany’s case, of constitutional legality) made the loss seem all the more tragic, but no less inevitable |
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November 1th 2011 |
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The proposal, put forward by Herman Van Rompuy, the European Council president, would be the clearest sign yet of a new “United States of Europe” — with Britain left on the sidelines.
The plan comes as European governments desperately trying to save the euro from collapse last night faced a new bombshell, with sources at the International Monetary Fund saying it would not pay for a second Greek bail-out.
It was also disclosed last night that British businesses are turning their back on Brussels regulations to give temporary workers full employment rights, with supermarket chain Tesco leading the charge.
Meanwhile, David Cameron is attempting to face down a rebellion tomorrow by Tory MPs in a vote over staging a referendum on Britain’s membership of the EU.
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October 24th 2011 |
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Scandal the European parliament tried to keep secret
The European Parliament’s £1.5 billion budget is beset by the abuse of staff perks and expenses, nepotism and the wasting of taxpayers’ money, according to secret internal audits obtained by The Daily Telegraph.
A series of reports by the parliament’s internal auditor found that significant breaches of the rules were common among the 7,000 unelected officials who work for the EU’s assembly.
Staff are allowed to authorise their own expenses and pay allowances to family members, despite the auditor warning of the risk of “conflicts of interest”.
The reports, covering three years, identify instances of officials being given double payments or allowances to which they are not entitled.
Officials are failing to secure the best value for money for taxpayers when awarding contracts, while extensive funds are being given to the assembly’s political parties without any proper audit of how it is being spent, according to the reports. |
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October 21th 2011 |
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A Coup in the European Union?
by SUSAN GEORGE
European Union workers’ pretentions to better pay and working conditions, shorter working lives, munificent retirement benefits, long holidays and time off for this and that have got to be brought under control! Enough is enough!
Let us be thankful that the European Commission has the answers. Soon the neoliberal model will become irreversible and all these pretentious upstarts will have to shut up once and for all. High time too. In a brilliant move, the Commission has pushed through a bundle of measures called the “six-pack”—a cheerful name suggesting parties where the beer flows freely. This bundle is rather more austere and will give the Commission hitherto unheard-of leverage in the affairs of its member States.
By a close vote on 28 September 2011, the European Parliament passed the Commission’s plan—a far-reaching takeover of individual countries’ capacity to set their own budgets and to manage their own sovereign debts. From now on, the Parliament and the Council (with the Commission naturally overseeing the process) will be able to force governments to comply with the Maastricht Treaty recommendations—otherwise known as the “Stability and Growth Pact”–to which member States had recently paid precious little attention. After 2005 this Pact seemed almost a quaint relic. But now, thanks to the six-pack, no deficits greater than 3% and no national debts above 60% of GDP will be countenanced. What these people need is stern discipline, make no mistake |
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October 15th 2011 |
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Why the euro bailout is the biggest Ponzi scheme in history
The European Central Bank, led by President Jean-Claude Trichet (pictured), is already in a parlous
state with a weak balance sheet
The recent decision by the Bank of England to pump another £75billion into the economy shows that Britain, far from recovering, remains on the edge of another dip.
But what happens to the British and world economy is, to a large extent, out of our hands. The greatest threat to our economic future is what is happening in the eurozone.
The scale of the euro crisis has made one thing abundantly plain: Europe, Britain and the rest of the world would be better off if the euro had never happened. It would be preferable if it were now dismantled in an orderly manner. |
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October 13th 2011 |
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British Prime Minister: We’ll stay in EU, not for the people to decide
David Cameron and William Hague have today said they have no wish to hold a referendum on Europe as MPs are set to discuss whether there should be one.
In a move that will dismay the right of the Tory party set to gather in Manchester their leadership says withdrawal from the EU ‘would be bad for Britain’.
It was revealed today MPs are set to vote on a referendum before Christmas after a petition with more than 100,000 signatures was submitted calling for the public to be given the chance to decide whether Britain should stay in the EU.
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October 4th 2011 |
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The EU dream has turned into a nightmare
It was hard to know – as the danse macabre of the euro spirals towards its devastating denouement – which of last week’s utterances and events was the maddest. First, there was the speech by European Commission President José Manuel Barroso, in which, after admitting that this was the worst crisis the EU had ever faced, he renewed his wish for it to impose a tax on “financial transactions”, to provide Brussels with what has been estimated by Open Europe, the independent think tank, at up to £70 billion a year.
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October 3th 2011 |
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EU given six weeks to protect itself against 'inevitable Greek default'
European Union governments will spend the next six weeks building a financial firewall to protect their fragile banking systems against what is now seen as an inevitable Greek default.
G20 sources said that up to 50% was likely to be wiped from the face value of Greece's €350bn debt – but not until Europe had put into place a war chest to prevent the contagion spreading.
More money will be disbursed by the International Monetary Fund and the EU next month to keep the Greek government afloat, but this is seen as a short-term fix while Europe's leaders beef up the eurozone bailout fund, the European Financial Stability Facility.
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September 26th 2011 |
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Europe’s problem is that no one knows who’s in charge
When the euro began, it proved difficult to agree on the design of the banknotes. In the end, its founders settled on pictures of bridges. British pound notes signify the national bank’s quantity of money (originally a weight of sterling silver) under the authority of the sovereign (the Queen). Euro notes are much vaguer. They express an aspiration. Those bridges represent man’s attempt to link what is naturally separate. Now the bridges are cracking, and it turns out that it isn’t really anyone’s job to pin them together. Something called the troika – the European Commission, the European Central Bank and the International Monetary Fund – is handling the crisis, but the very fact that these three entities have to be triple-yoked indicates the problem. The only power that actually might be able to do something is Germany, and it seems paralysed. |
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September 26th 2011 |
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A Look At Europe’s New Right
Faye has emerged as the leading voice of Europe’s ‘New Right’ (Nouvelle Droite) as he departs further afield from his mentor Alain de Benoist as well as from Dieter Stein, publisher of Junge Freiheit (Young Freedom).
Guillame Faye’s Why We Fight indeed moves beyond the theories of de Benoist’s ground breaking year-2000 Manifesto For The New Right. For while Faye gives credit to his mentor’s philosophy his main concern is with on-the-groundstrategic activism in finding a solution to Europe’s multiracial immigration problem. |
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September 16th 2011 |
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Sorry, I was wrong!
""In this extraordinary recantation, Max Hastings, pro-European all his adult life, admits the EU is now a disaster which is blighting every aspect of British life - and crippling our recovery""
The eurozone is merely the most conspicuous symptom of failure. It reflects a historic policy blunder by the rich, prudent nations that linked themselves in a suicidal currency pact with the non-serious countries of Europe, Greece and Ireland foremost among them.
Even the staunchly pro-European Economist magazine admitted last week that ‘the debt crisis is exposing problems in the basic design of the European Union’; that the eurozone faces a stark choice between break-up and fiscal integration, against the strong wishes of its solvent members’ voters.
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September 16th 2011 |
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Make No Mistake–Europe is in Big Trouble
Treasury Secretary Tim Geithner said yesterday that European states “are going to have to do more” to solve their enormous debt troubles. To that I ask, “more” of what? That can only be “more” money printing. Mark my words, more debt and fiat currency will be the ultimate answer to the European debt problem. It is either that or let the banks and some countries in Europe go under. If Greece was the only country to default and leave the EU, then that would not be all that bad. The real problem is all the other heavily indebted countries that are levels of magnitude more of a problem than little Greece. France24.com reported yesterday, “The Eurozone crisis could wreck the European Union, top EU officials warned on Wednesday as the leaders of Germany and France held talks with Greece to avoid a default and widespread chaos. The pressure rose on all fronts with United States again expressing great concern, with Treasury Secretary Timothy Geithner saying European states “now recognize they are going to have to do more” to resolve to the crisis. Highlighting the threat to the global economy, Geithner is to exceptionally attend talks between European Union finance ministers and central bankers in Poland on Friday.
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September 16th 2011 |
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David Cameron was branded an EU ‘enthusiast’ by Tory Eurosceptics last night as he said Britain must let eurozone countries move towards a United States of Europe with a common economic policy.
The Prime Minister admitted he was not sure whether Germany and other countries had the political will to prevent a break-up of the single currency, but insisted they must be allowed to try – even if that meant closer integration.
The tumult on global financial markets intensified yesterday ahead of a crunch ruling by the German constitutional court on the legality of bailouts for debt-crippled nations.
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September 7th 2011 |
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The Real Face of the European Union - Full Length
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| September 5th 2011 |
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Germany fires cannon shot across Europe's bows
German President Christian Wulff has accused the European Central Bank of violating its treaty mandate with the mass purchase of southern European bonds.
In a cannon shot across Europe’s bows, he warned that Germany is reaching bailout exhaustion and cannot allow its own democracy to be undermined by EU mayhem.
“I regard the huge buy-up of bonds of individual states by the ECB as legally and politically questionable. Article 123 of the Treaty on the EU’s workings prohibits the ECB from directly purchasing debt instruments, in order to safeguard the central bank’s independence,” he said.
“This prohibition only makes sense if those responsible do not get around it by making substantial purchases on the secondary market,” he said, speaking at a forum of half the world’s Nobel economists on Lake Constance to review the errors of the profession over recent years. |
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August 26th 2011 |
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The Greek crisis brings us even closer to the long-planned European empire
That would be to misunderstand the grand strategy being pursued in Brussels. It is designed to achieve, without recourse to war, the realization of a dream unfulfilled since the fall of Rome, the first pan-European Empire. Spain, France and Austro Hungary failed in their attempts to build such an Empire and after yet another destructive European war, the founding fathers of the EU swore to achieve through politics what warfare had failed to deliver.
The creation of a common, or to be correct, sole currency, the euro, was not an end in itself, but a weapon to achieve by economic means, a European government. It was about politics, not economics. |
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June 25th 2011 |
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EU Presidents at war: Van Rompuy and Barroso fly to same
The European Commission has spent more than £8 million on private jet travel, luxury holiday resorts and cocktail parties, an investigation has disclosed.
 Commissioners travelled in limousines, stayed in five star hotels and splashed out on lavish gifts including Tiffany jewellery as their member states faced savage budget cuts and rising EU taxes.
An investigation by the Bureau of Investigative Journalism into spending by the EU executive has shown that more than €7.5m (£6.6m) was spent on private jet travel for commissioners between 2006 and 2010.
Baroness Ashton, the British EU foreign minister, came under fire when it was reported that she had demanded her own private jet less than 100 days into her new role in March last year.
Tens of thousands more was spent accommodating commissioners at luxury five star resorts in exotic locations such as Papua New Guinea, Ghana and Vietnam, the spending figures show. |
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June 2th 2011 |
| The Euro-Debt Crisis: Greece, Portugal, Spain. The Debts are Unpayable. Once the Lending Stops the Bottom Falls Out.
 We hope all of our appearances on Greek TV, radio and in the press have helped the educational process and to allow the Greeks to identify who the real culprits are, and what to do about it. It has just been over a year since this tragedy became reality, but we reported on Greece and Italy ten years ago. They both bent the rules to enter the euro zone. We knew then that Goldman Sachs and JPMorgan Chase were assisting them by creating credit default swaps. There were a few European journalist who reported on the issue, but the elitists control the media and few noticed that Greece and Italy were beyond bogus.
The events of the past year remind us of the onslaught of the credit crisis, which unfortunately is still with us. What finally brought about trouble for Greece and other euro zone countries was the zero interest rate policy of the Fed and slightly higher rates by the EC. These policies encouraged speculation and caused problems that would have never happened otherwise. In addition, the stimulus measures by both banks were embarked upon to save the financial sectors and in that process promote speculation by the people who caused thee problems in the first place. That began with QE1 and stimulus 1, which we now recognize as our inflation drivers. Wait until QE2 and stimulus 2 appear next year. It will be very shocking. |
| June 1th 2011 |
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 Tata Steel announced the redundancies at its Scunthorpe and Teesside plants, blaming climate change legislation required by Brussels and the UK’s new Climate Change Act.The prospect of higher energy costs aimed at reducing carbon emissions by imposing limits would push the price of British steel to uncompetitive levels.
Karl-Ulrich Köhler, head of European operations for Tata, Britain’s largest steelmaker, said: “EU carbon legislation threatens to impose huge additional costs on the steel industry.
“Besides, there remains a great deal of uncertainty about the level of further unilateral carbon cost rises the UK Government is planning. These measures risk undermining our competitiveness and we must make ourselves stronger in preparation for them.”
Godfrey Bloom, MEP for Scunthorpe and Ukip’s business spokesman, said: “The mad drive to Islington-friendly green enery is driving jobs out of the north. You cannot pile billions of pounds of extra costs on industry without a price being paid.
“That price is the livelihoods of steel workers. The Government and the EU are dangerous, damaging and deluded if they think that throwing people on to the scrapheap of unemployment will effect the sea level in Fiji.” |
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May 23th 2011 |
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The EU seeks UN recognition as a state
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May 20th 2011 |
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CENSORED European Commission simply don't trust the UK Government to protect people's health
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April 22th 2011 |
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The EU Crackup
 Political upheaval has hit Finland, and it’s merely a foreshadowing of bigger changes ahead. The core issue is whether Finland ought to be paying for bailouts for other EU states. In reaction to establishment support for the bailout, voters ousted the pro-bailout ruling party and gave an upset victory to the bailout-critical conservative party. Against every expectation, the eternal rule of the social democrats is at an end.
But most striking of all are the gains made by a previously invisible party called True Finns. This is the only party to take a hardcore position: no bailouts at all. It also so happens that this party is predictably nationalist on issues of trade and immigration. But that’s not the source of the appeal. The bailout is what is on everyone’s mind. And you know that the anger must be palpable if it fired up the usually sleepy world of Finnish politics.
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April 20th 2011 |
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NEW EU PLOT TO TAX OUR FOOD
THE threat of a double tax raid on millions of Britons by the European Union caused uproar last night.
 Business leaders condemned moves by Brussels to seize control of VAT on thousands of everyday items.
It could send prices soaring – and even allow the EU to decide whether to slap VAT on essential foods and children’s clothes.
In a second money-grabbing proposal, the European Commission yesterday announced plans to overhaul “green” fuel tax, which could mean a new eight per cent duty on diesel.
The Daily Express is campaigning to free Britain from EU rule, and 373,000 readers backed a petition delivered to Downing Street on the issue. There was outrage last night at the latest EU bid to squeeze more cash from British taxpayers.
Tory MP Douglas Carswell said: “Let’s hope that Chancellor George Osborne is a bit more vigorous in stopping this initiative than he was when allowing the UK to join the euro bail-outs. |
| April 15th 2011 |
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'The sooner Euro flops the better'
Portugal has announced that it's unable to deal with its economic crisis and has asked for help. The Eurozone is now set to cough up for a third successive bail-out package, which is set to exceed 100 billion dollars. RT talks to Jon Gaunt, of the EU referendum campaign.
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April 9th 2011 |
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EU Secretly Authorizes Emergency Order Allowing Large Increase Of Radiation In Food
 Kopp Online, Xander News and other non-English news agencies are reporting that the EU implemented a secret “emergency” order without informing the public which increases ed the amount of radiation in food by up to 20 times previous food standards.
According to EU bylaws radiation limits may be raised during a nuclear emergency to prevent food shortages, but there is anger across Europe. Foodwatch is quoted “These rules now to bring into force is absurd, because in Europe there are no nuclear emergency, and certainly no shortage of food”. |
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April 4th 2011 |
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NEW EU ANTI-TERRORIST BODY WILL BE ‘LIKE THE KGB’
SENIOR Eurocrats are plotting to set up a new European Union counter-terrorism agency that could cost taxpayers hundreds of millions of pounds.
 And critics warned last night the body could turn into a Europe-wide secret police force that would be “like the KGB”.
The move is also likely to infuriate MI5 and MI6 chiefs as British spies could be forced to share intelligence with European agents.
EU counter-terrorism director Olivier Luyckx envisages the new organisation working alongside the EU’s vast new diplomatic corps, headed by foreign affairs supremo Baroness Cathy Ashton.
He raised the proposal in the European Parliament in Brussels earlier this week.
Mr Luyckx called for a series of existing EU security agencies including Europol, Eurojust, Cosi, Frontex and Cepol to be pulled together in one body with sweeping powers. |
| April 3th 2011 |
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Will Financial Problems In Portugal Cause The European Debt Crisis To Spiral Out Of Control?
Most Americans have no idea just how bad the financial problems over in Europe are right now. The truth is that the entire European financial system is teetering on the brink of disaster. Ireland and Greece have already received bailouts and Portugal, Spain, Italy, France and Belgium are all drowning in an ocean of unsustainable debt. Sovereign credit ratings all over Europe have being slashed in recent months. For example, a while back Moody’s Investors Service cut Ireland's bond rating by five levels. Up until now Europe has weathered all of this financial instability fairly well, but now huge new financial problems in Portugal threaten to send the European debt crisis spinning out of control.
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| March 27th 2011 |
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Euro crisis is far from over – what the experts are saying
 The euro hit an intraday low against the dollar of $1.3791 and traders warned it could fall further in coming days due to market concerns that Friday's 17-nation meeting and a summit of the full 27-nation European Union on March 24-25 may fail to agree on decisive action to tackle the debt crisis.
"If officials make no progress and Germans remain unwavering in their demands, the likelihood of a capitulation (in the euro) will be significantly higher," said Jessica Hoversen, currency strategist at MF Global in Chicago.
She said that hawkish rhetoric from the European Central Bank was adding to investor concern. "The ECB's disregard for economic variances may be the tragic flaw that drags the currency lower," she said, adding that the compromise of $1.3862, the February 2011 high, opened downside potential. |
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March 12th 2011 |
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Climate change no longer scares Europe
 The fight against the delusion of dangerous man-made global warming remains an uphill struggle. For decades, the climate debate has been obfuscated by cherry-picking, spin-doctoring and scaremongering by the United Nations' Intergovernmental Panel on Climate Change (IPCC) and other climate alarmists, including the environmental movement and mainstream media. Their massive campaign to overstate the threat of man-made warming has left its imprint on public opinion.
But the tide seems to be turning. The Climate Conference fiasco in Copenhagen, the Climategate scandal and stabilization of worldwide temperatures since 1995 have given rise to growing doubts about the putative threat of "dangerous global warming" or "global climate disruption." Indeed, even Phil Jones, director of the University of East Anglia's Climatic Research Unit and one of the main players in Climategate, now acknowledges that there has been no measurable warming since 1995 despite steadily rising atmospheric carbon dioxide. |
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January 17th 2011 |
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France and Germany veto increase in EU rescue fund
 Jose Barroso, head of the European Commission, called on EU leaders to boost the firepower of the EU's €440bn (£366bn) bail-out fund and beef up its role, allowing it to intervene with pre-emptive bond purchases to help states under threat.
"It is important for the markets to know that Eurozone leaders are committed to do whatever is necessary," he said, hoping for action as soon as early February.
He also proposed a "new phase of European integration" with far-reaching oversight of the budgets, pensions, labour markets, and trade flows of EU states to prevent a recurrence of the imbalances that led to the EMU debt crisis.
Mr Barroso said the fund boost was a "precautionary" move, not directed at any one country. The gambit is risky since it may be taken by investors as a sign that Brussels fears imminent contagion to Spain, deemed too big for the current fund. |
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January 14th 2011 |
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Euro stands just 20pc chance of survival in next decade
 In its annual list of predictions, the CEBR said a new eurozone crisis was its number one forecast for 2011, citing the hundreds of billions of euros of debt that members must replace this year.
"If the euro doesn't break up, this could be the year when it weakens substantially towards parity with the dollar," said Douglas Williams, chief executive of CEBR.
Spain and Italy alone must refinance more than €400bn (£343bn) of debt in the first half of the year, which could prove impossible given investor fears over the finances of southern European countries.
"The euro might break up at this point, though European politicians are normally able to respond to a crisis and I suspect that what will break up the euro will be the failure of most of the countries to take the tough medicine necessary to make their economies competitive over the longer term," said Mr Douglas. |
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January 3th 2011 |
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'Europe protests justified, demands in streets key to mankind's future'
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December 30h 2010 |
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HALF OF GERMANS WANT TO AXE THE EURO
 The recent crises in Greece and Ireland have contributed to further disillusion.
In the survey for the daily Bild newspaper, only 41 per cent of people were satisfied with the euro. Most of the rest said they did not know what to think.
The survey found that the majority of Germans are worried about the stability of the currency and the possibility of inflation.
Three-quarters of the people questioned by YouGov said they personally had not profited from the adoption of the euro.
And if Germany was not part of the eurozone, only 30 per cent of those asked would today vote to adopt the euro and 60 per cent would vote against it. |
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December 30h 2010 |
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WikiLeaks: Angela Merkel only leader man enough to 'rule' Europe
 Detailed American assessments of the German Chancellor and her coalition governments, first with the Social Democrats and then after Sep 2009 the liberal FDP, portray a leader who only stands out because of the low quality of other European heads of government.
"Angela Merkel's role as Germany's and Europe's leader is undisputed. No other leader of a large member state is politically fit enough to offer himself up as a leader," noted a confidential cable in April 2007.
"However, she is conscious that her strength derives largely from the weakness of her counterparts and other factors beyond her control."
The Wikileaks diplomatic documents spell out how Chancellor Merkel used negotiations over the Lisbon Treaty to assert "German and her personal leadership" over the EU during a period when Tony Blair was handing over power to Gordon Brown and Nicolas Sarkozy was not yet French President |
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December 20th 2010 |
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EU leaders commit to bail-out fund
 European heads of government vowed on Friday that the eurozone's bail-out fund would always have enough financial wherewithal to rescue any faltering country, but the leaders stopped short of saying they would increase its size.
The promise, contained in their summit communiqué after two days of meetings, was the most explicit commitment to date by European Union leaders about their willingness to back a bail-out of even larger eurozone economies such as Spain and Italy, should those countries get cut off from the financial markets.
But their unwillingness to enlarge the fund, which had been proposed by some EU finance ministers, was a sign that they believed setting a new, higher limit would only lead bond traders to assume EU leaders believed a Spanish or Italian bail-out was inevitable.
The commitment came on the same day Moody's cut Ireland's credit rating five levels and said the outlook for Irish debt was "negative". The downgrade was expected following last month's €85 billion ($112 billion) Irish bail-out, but the severity of cut was more than anticipated. |
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December 18th 2010 |
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EU in Flames of Uprising: Athens, Rome, London - Who's Next?
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December 17th 2010 |
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The horrible truth starts to dawn on Europe's leaders
 In a speech this morning, EU President Herman Van Rompuy (poet, and writer of Japanese and Latin verse) warned that if Europe’s leaders mishandle the current crisis and allow the eurozone to break up, they will destroy the European Union itself.
“We’re in a survival crisis. We all have to work together in order to survive with the euro zone, because if we don’t survive with the euro zone we will not survive with the European Union,” he said.
Well, well. This theme is all too familiar to readers of The Daily Telegraph, but it comes as something of a shock to hear such a confession after all these years from Europe’s president. |
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Ncvember 19th 2010 |
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Ireland has been betrayed by its EU 'friends’
 When politics and economics collide, it is often said, the economics always ends up winning. The curiosity of the euro is that it has managed to defy this otherwise universally applicable rule; the politics somehow continues to triumph over the single currency’s self-evidently flawed economics.
For how much longer can this continue? Events in the bond markets this week make it more or less inevitable that Ireland is going to have to follow Greece in seeking support from the European Union’s new bailout fund. Unlike Greece, Ireland is fully funded through to the middle of next year, so there is no immediate danger of a liquidity crisis. All the same, markets aren’t waiting around to find out: some kind of denouement seems to be fast approaching. |
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Ncvember 14th 2010 |
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EU to target individuals in exchange for retreat on budget
The European Parliament has launched a controversial new power grab, demanding the right to make tax raids on Britain.
MEPs said they would approve a 2.9 per cent rise in the Brussels budget – demanded by David Cameron rather than the 6 per cent originally proposed – but only if they get powers to raise taxes.
At present European funds come from member state governments but now the European Parliament wants to tax individuals across Europe directly to pay for its pet projects |
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Ncvember 13th 2010 |
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Historic British/French Military Deal Highlights Further Global Power Consolidation That We’re Told Isn’t Happening (Except When It Is)
 British Prime Minister David Cameron and French President Nicolas Sarkozy will sign two declarations at a summit in London which will lead to Great Britain and France merging military and technological resources.
The merger is being sold to the public as a way for the two European military powers to cut costs during the current manufactured economic crisis and is yet another step towards a global government which the media and political shepherds still claim doesn’t exist, despite their constant references to it, and their continued promotion of it.
The two countries will form a joint expeditionary force of around 5,000 troops, and their planes will be landing on each other’s aircraft carriers. They will also share facilities at the U.K. Atomic Weapons Establishment in England, and the Valduc facility in France, with scientists from both countries working at each facility.
The agreement is being called an “unprecedented move” for cooperation on defense and security. |
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Ncvember3th 2010 |
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Baroness Ashton's empire: The EU diplomatic army that dwarfs anything our own Foreign Office could muster
The full staggering scale and cost of the European Union’s new global diplomatic corps can be revealed today.
The so-called European External Action Service (EEAS) will have an annual budget of £5.8 billion and an army of ambassadors across 137 embassies, with up to 7,000 Eurocrats trained to pursue the EU’s foreign policy.
It will be run by Baroness Ashton, the obscure Labour quangocrat and Blair-appointed peer who last year was surprisingly nominated by Gordon Brown to be the EU’s foreign secretary – even though she has never been elected by British or European voters.
The former treasurer of the Campaign for Nuclear Disarmament, whose official title is High Representative of the European Union for Foreign Affairs and Security Policy, will launch the EU diplomatic corps on December 1 at her sleek new headquarters in Brussels, which will cost £10.5million a year in rent alone.
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Ncvember 1th 2010 |
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Armed EU guards to patrol Greece-Turkey border
 A new force of armed European guards is to be dispatched to Greece to patrol the country's border with Turkey in an attempt to stem steeply increasing illegal immigration into Europe.
The deployment of the Rapid Intervention Border Teams, assembled from the border guard forces of other European countries, will be the first time Brussels has deployed multinational armed units on the EU's external land border.
The teams are to arrive in Greece within days, the European commission announced today , although the precise numbers and makeup are yet to be decided.
A commission official said: "This is a new front. The teams are armed, but they can only use their arms in self-defence." |
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October 28h 2010 |
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UK: As cuts hit hard at home, we hand even MORE cash to Europe
Britain's contributions to the EU will rise by almost a quarter, despite the deep cuts to public services in this country.
The small print of yesterday’s spending review reveals that net contributions to the EU will rocket from £8.3billion this year to £10.3 billion over the next four years.
Much of the rise is due to Labour’s decision to surrender part of Britain’s budget rebate.
The revelation came as MEPs rubber-stamped a 5.9 per cent increase in the EU’s budget for next year, prompting angry exchanges in the Commons.
Conservative MP Peter Bone described the rise as ‘obscene’. Fellow Tory Philip Davies said it was ‘absolutely unacceptable’.
David Cameron said ministers were still pressing for a freeze in the EU’s budget next year. |
| October 22h 2010 |
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EU to back sale of meat and milk from cloned animal offspring
 A huge majority of the public is against clone animal farming, according to studies in Britain and across Europe.
Concerns surround the ethics of the process, the welfare of the animals and a lack of research on food safety. However, a leaked report to be discussed by the EU’s College of Commissioners today comes out in favour of food from the offspring of clones.
Alarmingly, it appears this food would not have to be labelled, leaving families completely in the dark about what they are putting in their mouths.
Specifically, the report proposes a temporary five-year ban on the sale of meat and milk from clones, but there would be no ban on food from their offspring.
If this policy is adopted, European farms could be populated by cloned supersize animals used as breeding stock for cows, pigs and sheep that are reared for food.
Clones themselves can suffer a range of painful conditions, including malformed organs and gigantism. Many die in the womb or soon after birth. |
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October 20h 2010 |
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EU Dictators Plan Fresh Looting Of Tax Slaves
 The sprawling, blood-sucking, dictatorial, EU is trying to fill its coffers at a time when everyone else is being told they must tighten their belts and accept draconian austerity measures, by preparing to impose a new direct tax on European citizens already financially destitute as a result of the economic collapse.
If you want a taste of how the global tax to fund the expansion of world government will be implemented, look no further than the European Commission, which has laid out no less than eight different forms of direct taxation that it wants to impose on citizens of all 27 member states, despite the fact that the majority of people in all of these countries would rather their governments cease all financial commitments to the EU entirely.
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October 20h 2010 |
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As Goes Iceland, so Goes the EU?
 Iceland Pension Funds to Block $2 Billion Debt Relief Proposal ... Iceland's pension funds, which hold the bonds behind most of the country's mortgage debt, will try to block proposals to forgive as much as $2 billion in bad loans that the government says it is considering. A group that represents households demanding debt relief says lenders should write off up to 220 billion kronur ($1.99 billion) in mortgage loans to help the 39 percent of homeowners who are technically insolvent. The government this week said it may back the proposal as it responds to protests that drew bigger crowds than in the weeks before former Prime Minister Geir H. Haarde's administration was ousted in January 2009. "We don't support the ideas of the Interest Group of the Homes on general write-offs on loans," said Hrafn Magnusson, managing director of the Icelandic Pension Funds Association, which has assets of about $16 billion, in an interview yesterday. "The measure would mean that members will see their pensions cut." – Bloomberg
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October 18h 2010 |
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US Republicans v EU Enviro-Nazis: this should be fun!
 So, the battle lines are drawn.
On the one side, the US Republican party which – after years of despicable RINO-ism – appears finally to have understood that the only proper conservative position on “Man-Made Global Warming” is one of robust scepticism. Not only do we learn from a predictably appalled Guardian that all bar one of the Republicans’ 48 mid-term election candidates are card-carrying sceptics, but almost better still, we have senior Republican Darrell Issa promising a “careful look” at “climate science” post-Climategate.
House Oversight and Government Reform ranking member Darrell Issa (R-Calif.) is promising to give a “careful relook” at climate change science in the wake of last year’s “Climategate” scandal if Republicans take over the House. |
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September 26th 2010 |
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The EU Banking System Is In Big Trouble
 The EU banking system is in big trouble. Many of the Union's largest banks are sitting on hundreds of billions of euros in dodgy sovereign bonds and non performing real estate loans. But writing down their losses will deplete their capital and force them to restructure their debt. So the banks are concealing their losses through accounting sleight-of-hand and by borrowing money from the European Central Bank. This has helped to hide the rot at the heart of the system.
Presently, 170 banks are having difficulty accessing the wholesale markets where they get their funding,. Financial institutions are wary of lending to each other because they're not sure who is solvent or not. It's a question of trust
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August 3th 2010 |
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