Thursday, April 4, 2013

Euroland on the Brink of Secession

Arnulf Baring: "We're talking about a Europe that does not exist".
Portugal cannot rescue Greece, Spain cannot rescue Portugal, Italy
cannot rescue Spain, France cannot rescue Italy, but Germany could
rescue France.
In 1988 French President François Mitterrand and his advisers decided the best way to push Germany into cooperation was to play on its strategic vulnerability in the Cold War: Still having 45.000 occupation troops in West-Germany, they would parlay France’s nuclear force de frappe into a deal that would negate the powerful German Mark. Mitterrand sent Jacques Attali, his top adviser and high-level technocrat of the international banking cabal, to bargain with Bonn. When German officials raised the nuclear issue, Attali surprised them by asking to discuss Germany’s atomic bomb instead. "You know we don’t have the bomb", they protested. "I mean the D-Mark", Attali replied. Voilà.

The German Mark and the Bundesbank's independent policies were major tools that enabled and sustained post-war Germany's recovery, economic success and prosperity. Hence it took more than French nuclear 'defense guarantees' to get Chancellor Helmut Kohl (1982–98) to part with them. After much haggling, the French found more deal-sweeteners: The new European Central Bank (ECB) would be patterned on the Bundesbank, Kohl was assured. It would have the same rigorous monetary guidelines and the same overriding priority of fighting that old German bugaboo called inflation. And not only that, but the ECB could even be based in Frankfurt. Oh là là.

The much cheered Pax Europaea within a European superstate is deceptive
More than 300 active movements and parties in Europe are currently aiming for
separation, autonomy and secession (HERE)
But while the Soviets gradually collapsed under Gorbachev, the French clincher suddenly became their conditionalities for the German reunification in 1990. Kohl was bound and determined that it would happen on his watch. But he knew an enlarged Germany scared the rest of Europe. So to warm up the French financial oligarchy he gave away for free the Leunawerke and VEB Minol - that was the entire East German petro-chemical complex - to Elf Aquitaine (now TotalFinaElf - HERE). Then France and its allies like Italy and the Benelux countries let him know they would pose no obstacles to his 'reunification'-pet if only he would spring for
EMU and its concomitant, the Euro. With that carrot dangling before him, Kohl went ahead and also signed the controversial Maastricht Treaty on February 7, 1992. C'est ça: This was the end of the Bundesbank and the German Mark and the birth of the Euro-system. Arnulf Baring, a German lawyer and political scientist who worked for the Office of the German President, forecasted in 1997: "The Monetary Union will at the end turn out to be a gigantic extortion project … If we ask for German monetary discipline, other countries, who will be in financial difficulties, will blame us for this discipline and therefore make us accountable. Also even if the European nations first approve and sign up to this, they will perceive us as a sort of economic policeman. We will risk in this way becoming again the most hated nation in Europe."

Mrs Merkel more like Brüning or Hitler? However, in May 2012 the
crisis of the world finance oligarchy has started a new downward
lurch with the exhaustion of the € 1 trillion of 1% 3-year loans
wasted by ECB boss Draghi of Goldman Sachs on the hopelessly
insolvent Eurozombie banks. When Syriza, the Greek radical left
bloc led by Alexis Tsipras, challenged the Banksters, they went  

apoplectic about the prospect of a Greek debt moratorium.
Today the banks most exposed to the defaulting PIIGS are BNP Paribas, Société Générale and Crédit Agricole. And ever since they are in trouble all major ‘European' rescue-measures were designed and largely implemented by characters like Jean-Claude Trichet, Dominique Strauss-Kahn, Pierre Moscovici, Mario Draghi, Madame Lagarde and more of that ilk in order to offload 'French' toxic assets onto the taxpayers of the eurozone. Just recently Mr Baring concluded: "The crazy thing about the Euro currency is not only that we [the Germans] pay a very high price for it, but that it also ruined everything we have built in recent decades. Europe has long been our shield, our corral. That's all gone up in smoke. We now have to expect to get into a similar isolation like the German Reich in 1914: We are surrounded by many little and not benevolent countries that this time want but our money. 20 years ago the French paper Le Figaro wrote, the Maastricht Treaty was like "Versailles without war". If we do not defend ourselves, we will very likely be exploited down to the economic level of other Euro-countries. Then of course we would have certainly ruined Europe altogether." 

Now for the 'Cyprus rescue package' the German taxpayer is again the main contributor. But national elections are looming later this year, and there is much rage about this entire north-to-south wealth transfer by treacherous and dangerous fanatics like Wolfgang Schaeuble and Angela Merkel, both constantly violating the German constitution as well as the Lisbon Treaty in favor of Eurozombie banks and other cronies (HERE & HERE). Why should German taxpayers support a Cyprus banking system where depositors get a yearly interest of 5% compared to their own measly 1.5% (before tax) – lower than the yearly inflation rate? Worse, they hear how much dodgy money is deposited in Cyprus’ banks. They see this latest bail-out as propping up the money-laundering Russian oligarchsChrysostomos II, the Archbishop of Greek Cyprus, accused the Troika of the island’s woes and stated: "There will be no European Union in the future. Cyprus should exit before the union collapses." And Martin Armstrong exclaims: "These politicians are threatening to screw the entire world because they refuse to reform and admit this is the WORST attempt to create a currency in the history of civilization. IT CANNOT WORK!!!!!"