Real Currencies - The Euro Crisis

Real Currencies

The Euro Crisis

The Euro crisis is not only a financial crisis. The financial crisis is used as a tool to further European integration. Most notably fiscal union: the surrender of budgetary sovereignty by the Nation States to the EU.
There is no doubt that a financial crisis, in whatever form, was foreseen by the Eurocrats when implementing the Euro. It was hoped the inner dynamic of single currency would force the nations to cooperate fiscally too.
The most annoying bit of it is to see Europe’s elite squirming and lying for this power grab. They may not understand finance and interest, but surely they understand what is going on here. National elites have totally sold out to the agenda and most political parties must be considered traitors.
Territorial integrity and national sovereignty are key matters to any Government and Nation and they cannot be surrendered without the express permission of the People.
Manipulating them into doing so is clearly treasonous behavior.
The new government leaders in Italy (Monti), Greece (Papademos) and Ireland (Galloway) are all former Goldman Sachs alumni. This basically amounts to a Banker/Eurocrat coup d’état in these countries and those to follow.
In 2005 saw referendums in the Netherlands and France resulting in a crushing 60-40 No against the ‘European Constitution’. These results were infamously ignored through the Lisbon treaty. They never bothered asking again.
All these facts leave Europe’s Governments and the EU dangerously low on legitimacy.
Europe at this point is a crucial front against the Money Power.
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High Treason: The European Stability Mechanism (Updated!)

February 21, 2012

 

European Parliaments will be ratifying the European Stability Mechanism in the coming weeks. Never before has the European Union proposed anything so anti-democratic and outright fascist. Members of whatever parliament voting for this legislation commit treason and WILL be held responsible.

Treason is:
1. Violation of allegiance toward one’s country or sovereign, especially the betrayal of one’s country by waging war against it or by consciously and purposely acting to aid its enemies.
2. A betrayal of trust or confidence.

Members of Parliament voting for the European Stability Mechanism commit treason in both meanings of the word. Of course, this is their daily work, but considering the nature of the ESM it is worth recapping what we are talking about here.

The ESM is nothing less than Fiscal Union by stealth. It will allow the EU’s finance ministers to steal trillions of tax payer money to pay off banks. Without any democratic oversight. Governments will obliged to pay within seven days whatever the ESM demands. Governers of the ESM will enjoy legal immunity and the ESM itself cannot be challenged in court.

In short: all checks and balances have been destroyed and the ESM will have the right to force Governments to pay whatever it needs to bail out the banking system and broke member states.

The reason the ESM exists, is that the Eurocrats are unable to sucker the peoples of Europe into fiscal union via normal means. They are in a hurry. They cannot allow member states to default, because it would destroy Wall Street. Wall Street’s biggest banks are the counter parties in the Credit Default Swaps insuring financial institutions world wide against default. Wall Street would have to pay up and they don’t have the necessary trillions.

This explains why Goldman Sachs landed her ex-employees Galloway, Papademos and Monti in Dublin, Athens and Rome.

Read Rudo de Ruiter’s excellent article "Stealth EU Nation-Killing Treaty Must be Stopped" [BELOW] for all the details.

Check out Rudo de Ruiter’s brilliant website for more details, including his coordination of the campaign against the ESF in the Netherlands: Courtfool

Update:
In an incredible development, Prodi, former president of the EU, has admitted he and his colleagues knew this crisis was inevitable. They hoped to use it to force fiscal/political union on Europe.

Further confirmation we are dealing with an organized crime gang and that anybody voting for it as MP is a traitor.

We have opened a special page to support Rudo de Ruiter’s actions against the ESM’s ratification in the Dutch Parliament. The page is in Dutch.

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The Battle for Europe: will the People or the Euro survive?

November 4, 2011

A lot has been said about the Euro’s problems, most with a purely economic view. It is clear that the imbalances that the Euro created in Europe are not sustainable. Germany and it’s satellites (Netherlands, Finland, Austria) are much more competitive than Club Med. This is no problem, but because of the Euro the latter group of nations cannot devalue their currencies. This results in trade deficits and net capital out flow to the North.

As a result the Euro cannot exist without a permanent bail out mechanic for the South. This is clearly not sustainable, from an economic point of view.

But economics are of lesser import here. Because the Euro was not created to build wealth, it is the Banker’s best bet for World Currency. To rule the world, one must rule Europe and World Currency is a key goal of the Globalists. Clearly, the Euro is their pet project.

The current crisis is not at all unexpected. The Eurocrats couldn’t get their coveted Federalization in 1992, at the time of the Maastricht Treaty so they had to settle for the Euro. They reasoned the ‘right major crises’ would pop up at some point, making clear that monetary union without fiscal union is impossible. They expect the nation states of Europe to surrender fiscal sovereignty to save the Euro.

Please understand this is not at all speculation. In a recent article an insider journalist, Ambrose Evans-Pritchard, exposed this process. Evans-Pritchard: “Certain architects of EMU calculated that the single currency would itself become the catalyst for a quantum leap in integration that could not be achieved otherwise….. This was the Monnet Method of fait accompli and facts on the ground. These great manipulators of Europe’s destiny may yet succeed, but so far the crisis is not been remotely beneficial.”

He ends his intriguing report with the point that “I think it is fair to say events are unfolding more or less as we expected.”

So the Eurocrats have been waiting for this crisis and they are trying to use it to further their project of a federalized EU empire.

They don’t mind too much about how this is to be imposed. There could be a euro bond, the ECB could accelerate buying up Italian Bonds (which the Germans now vehemently oppose), or they could settle for the bizarre European Stability Mechanism.

So, knowing this: what to think of the Euro’s problems? Will it fail? If you look at the economic data, this is a silly question, but if you realize the world is run by a few bankers who want World Government, with a World Currency the answer must be ‘no’.

However, over the last two years, the Eurocrats have suffered badly. The popular resistance, both in the North and the South, is dramatic. Recently, the German Supreme Court allowed Merkel to go ahead with what had been done, but clearly reprimanded the Kanzler for the lack of democratic legitimacy and the breach of the Maastricht Treaty, which does not allow fiscal or bond cooperation.

What happens if Greece leaves the Euro? Could they ever allow Romania, Bulgaria, and all these other second rate nations in if even Greece didn’t manage to deal with the Euro’s dynamics? How would they ever sell World Currency if they cannot even make the Euro work?

Their biggest problem is: they lack all legitimacy. Especially after 2005, when France and the Netherlands pounded their ‘European Constitution’ with a 60-40 NO. They pushed ahead with Lisbon anyway, but this was a disaster.

Because they need the popular vote. The Protocols make clear they need to be able to say: ‘you wanted this, you voted for it’. Without this legitimacy, they face revolt at any time. They can’t push ahead, if the underlying treaties and laws were never accepted by the populace.

So when Papandreou calls a referendum and ‘the markets’ and Merkozy are in total shock, what does this show? It just exposes the quicksand under their feet.

They know this, but they are losing. They are losing the battle for the mind and they are pushing ahead because they have no other way.

So this whole European mess turns out to be a massive front against the NWO. If the Euro fails a death blow will be landed on their project. It will take them decades to recover and resume the march to World Government. But they don’t have this time, because people are waking up.

True, the Occupiers are still largely clueless, but in Europe, where austerity is already biting badly, people are forced to look for answers. There is talk of debt repudiation, there is the Icelandic example and there is of course interest free currency. In Germany dozens of regional currencies are flowering: they report 100% per annum growth.

It is now more important then ever to start talking solutions. We must keep in mind that this credit crunch is a total fabrication that could be solved over night. Interest free currency is the main dish. Debt free Government currencies are a quick fix, but far from ideal. Much better is Public Banking, which is interest free credit provided by state owned banks. But eventually the monopoly of currencies must end.

With the Oceans on the brink of collapse after Deep Horizon and Fukushima, with the Credit Crunch, (HAARP induced) earthquakes everywhere and wars and rumors of wars its fair to say the NWO is preparing for their endgame.

But seeing their weakness in Europe, the result is not a foregone conclusion. The challenge is to provide real alternatives, it is not enough to expose them. They expect a fight, but they expect to succeed, because they don’t think we can create the right solutions. Jacques Attali, another insider: ‘Most of these new contestants will propose no system of substitution… Except for a handful who will propose a return to theocracy.’

So we know what to do. Let’s get going.

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Stealth EU Nation-Killing Treaty Must be Stopped

October 30, 2011


On 11 July 2011 a new European treaty has been signed. You probably haven't heard of it. It has not been in the news. Incredible, but true!

TREATY ESTABLISHING THE EUROPEAN STABILITY MECHANISM (ESM)

http://www.youtube.com/user/courtfoolnet#p/u/7/rxMOW94V6xQ

http://consilium.europa.eu/media/1216793/esm%20treaty%20en.pdf

(Do not confuse it with the European Financial Stability Mechanim (EFSM) or the European Financial Stability Facility (EFSF), which is the 440 billion emergency funds that has been in the news a lot.)

The ESM is a new EU-administration. To manage it, Brussels hires the Ministers of Finance of the 17 euro-countries. However, these ministers will come to Brussels with the key of their national vault and the full permission to take out all the money they want, when they want and as often as they want.

The ESM is intended to be permanent and without limit. The 17 ministers won't have to justify the amounts they take, neither how they spend the money. The ESM-ministers will enjoy complete immunity against actions of governments, administrations or judges. The parliaments won't have a say over these ministers when the latter act under the treaty. This means the end of the sovereign democracies in the 17 euro-countries!
This ESM-treaty becomes definitive when it has been ratified by the parliaments of the 17 euro-countries. THE RATIFICATION IS EXPECTED BETWEEN TODAY AND 31 DECEMBER 2011!
(Check out the agenda of the parliament in your country to see for which day it has been scheduled.)

The only democratic straw left to stop this dictatorship is to inform all national parliamentarians massively that we don't want this treaty to be ratified. If we don't act, the parliamentarians will very probably ratify it as a formality, as usually. It is not likely they have understood that this treaty means the end of their supreme power over the country's finances. They can't even imagine it.In most euro-countries the citizens have NO INFORMATION AT ALL about this treaty yet. Not a single national or international newspaper has reported the signature of this new European Treaty! Brussels has published just one copy of the treaty on the internet: in English! Over 96,5% of the euro zone citizens speak other languages!
This email is to inform you, but also to ask you very pressingly to spend a few hours to forward this information in your country to addresses you can rather easily find on Google, like

a.. your national and regional newspapers and magazines,
b.. news editors of TV-stations and animators of appropriate TV-programs,
c.. governmental bodies of all levels (municipalities, provinces, ministries)
d.. important associations and public and private institutions,
e.. secretaries of political parties,
f.. and last but not least all parliamentarians.

And if you dispose of a network, of course, ask your friends and contacts to help.
The following video of 3.5 minutes is available on YouTube:
ESM, the new European dictator!
(Subtitling available in English, Dutch, French, Spanish, Portuguese, Italian, Bulgarian. See www.courtfool.info. )
The following articles may be freely copied and republished:
ESM, the new European dictator!
http://www.courtfool.info/en_ESM_the_new_European_dictator.htm
ESM, a coup d'état in 17 countries!
(Articles are available here in english, dutch, french, spanish, portuguese, italian and bulgarian. See also www.courtfool.info. )

You are one of the very few persons to have been reached in your country. Please make sure that this information does not stop with you reading this message. Even if you are very busy, please forward it to some persons who can understand the importance and urgency to act.
Please do your utmost to inform as many people in the 17 euro-countries. The information has started to circulate in Germany, Holland, France and Portugal. 13 more countries to go! There are 300 million people living in the eurozone and hopefully they won't have to experience the ESM-dictatorship!
The ESM is the new European dictator. Whenever it wants, and as often as it wants, it can simply request the euro countries to pay billions of euros within 7 days. They can ruin any government within a week!!! Read more on www.courtfool.info  to verify the content and context of this info go to:
http://en.wikipedia.org/wiki/European_Stability_Mechanism
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Could the Euro die?

October 4, 2011

When looking at what is going on at this point, this probably sounds like a bizarre question. It seems more opportune to wonder how the Euro managed to survive this long.

Clearly the imbalances between Germany and it’s satellites (the Netherlands, Denmark, Austria) and the rest of Europe are not sustainable. The South imports tens of billions per year more than it exports to the North. It needs to be able to devalue it’s currencies on a regular basis to keep the capital outflow under control.

The bailouts of Greece and the other nations is nothing more than a repair of these imbalances. Not to mention the fact that it is not Greece, but Deutsche Bank and Société Général that are being bailed out, at the cost of the Greeks.

So the Euro cannot exist without a permanent bailout mechanic to at least ease the drain from South to North. This in itself is a clear indication the Euro has no right to exist.

Also the major deficits and debts the Southern nations suffer from are destabilizing and it is this weakness that allows Wall Street and Hedge Funds to have their speculative  go at the Euro.

So why put forward this question?

Because the Euro is not an economic project. The Euro is a direct result of the last World War, which, as we now know, was created to destroy the European Nation states and build World Government.

The Euro cannot fail, because if it does, it will be clear to all that World Currency is impossible, not practical and simply not in the interest of by far the larger part of the World’s populace.

The simple fact of the matter is, that if the Euro fails, the Globalists will have suffered their greatest defeat in recorded history.

We should not forget that the Eurocrats are not stupid. We like to think they are, because the alternative is to think they are really nasty people, and good people don’t like to think these thoughts of others.

However, the Eurocrats are not stupid and at the time of the implementation of the Euro many mainstream economists warned of the risks of monetary union without fiscal union.
So this ‘crisis’ was an ‘accident’ waiting to happen.

The Eurocrats calculated, that since further federalization and fiscal union were politically out of reach at the time of the Maastricht Treaty, they’d settle for the Euro, wait for a crisis like this to happen and get their fiscal union after all as the solution.

Pretty much a standard M.O. by our masters.

So what can we expect for the near and mid term?

For the time being the crisis will continue. The deficits are real, the debts are real (as long as we don’t repudiate them), the utter disgust in the North for having to destroy their own credit for the sake of the South is real, even though unmerited, considering the economic realities within the Eurozone as discussed.

Both Merkel and Barroso seem to be moving in the direction of closer ‘cooperation’. They are now infighting about the question whether Berlin or Brussels will be in control of this ‘cooperation’. In this fight Germany has the better papers, they do most of the paying, after all. But Merkel is just another Globalist stooge, so her job is not to create a Fourth Reich, but to betray the Germans for Brussels.

What seems likely is that in the months ahead, in a messy process, the Eurocrats will be able to foist some kind of fiscal union on Europe.

The PIIGS (or better: the banks that were brought down by the PIIGS) will be saved and allowed to continue within the euro. Perhaps a few countries will be forced, or allowed, out. But this too would be dangerous for them. For if Greece leaves the Euro, it seems unlikely that countries like Rumania, Bulgaria etc. could be plausibly allowed in.

Once this process is more or less completed, the attack dogs from Wall Street will be called off. After all: they are just another branch of the same Hidden Hand orchestrating these events. The Euro will more or less stabilize and things will return back to normal for a while. Or so it would seem.

Because all this has been very damaging to the Eurocrats. The political fall out is worse than they could have imagined. There is absolutely no popular support for fiscal union. It is probably possible to ram it down the throats of the Europeans for the time being, but the Eurocrat’s legitimacy would be badly damaged.

We should not forget that in 2005 The Netherlands and France gave Brussels a sound spanking, voting 60-40 against further integration and the ‘Constitution’ that the EU put forward. Of course, the referendums were ignored and the Lisbon Treaty was created to push ahead anyway.

But this was a watershed. For the first time it was made clear that there was a limit to European Cooperation, as far as the peoples of Europe were concerned.

To the Eurocrats and the Globalists this is a major problem. They need to mind control us into loving our own slavery. Otherwise we might get fed up with them. They know this. That’s why they love the ‘democratic’ process, despite it’s tediousness. It allows them to say: ‘You wanted this, right? You voted for it’.

Since 2005 they can no longer use this line. This is a very profound trend. A trend they are ignoring at their own peril.

Further fiscal union against the wishes of most people in Europe, both in the North and the South, will be a pyrrhic victory.

Perhaps they calculate that in the coming World War all these old scores will be settled their way, I don’t know.

Another option would be to allow the Euro to go, foment a new war in Europe and then say: ‘see, this is what happens, now give us Euro 2′.

Of course, guessing at the intentions of the Eurocrats and Globalists is really very difficult. We know about their main plans, but in real time, their schemes are still perplexing. Kremlin Watchers had it easy.

Perhaps the Euro is dead tomorrow and all this is history. But I do feel the above points merit further consideration by the free media.

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