Gang of Four’s Plan to Enslave Europeans Under Economic Empire

Topher Morrison

PurpleSerf.com

 

“The euro is a protection shield against the crisis.”

—European Commission President, José Manuel Barroso, 5 February 2010

On Thursday and Friday EU leaders will meet to discuss the future of the Europe.  While some compelling speculations would suggest it is merely the beginning of the end for the Eurozone, arguing that ultimately “the wealthy nations of Europe [will be] unwilling to pay for the poorer ones” it is also important to note the summit may play midwife to the birth of an abomination.  It is, after all, forgivable to allow the rabble a place at the table if they pledge their financial subservience.

Dismantling the German Constitution (again)

On Tuesday the London Guardian obtained a shocking seven-page document drafted by the “gang of four” — a quartet of European presidents: Herman Van Rompuy of the European Council, Mario Draghi of the European Central Bank, José Manuel Barroso of the European commission, and Jean-Claude Juncker of the 17-country Eurogroup.

Within the seven pages there was not one mention of freedom, liberty or law, but no less than 25 times did it mention – “strength,” “strong,” and “stability.”   It should be clear this federation is not meant to free the people of Europe, but to enslave it.

Ian Traynor writing for the Guardian calls it a:

“…Radical plan to turn the 17 countries of the eurozone into a full-fledged political federation within a decade in an attempt to placate the financial markets by demonstrating a political will to save the single currency in the medium-term.”

The plan quickly establishes a new European banking union, giving the European Central Bank (ECB) authority over EU banks, proposes common resolution funds for “winding up bad banks” funded by a banking levy to spare EU taxpayers and a common deposit guarantee for Europe’s savers.  The EU’s new pemanent bailout fund, the European Stablility Mechanism (ESM), would provide a “fiscal backstop” for the proposed federation and recapitalization of troubled banks.

German Chancellor Angela Merkel on the eve of the summit echoed her fierce resistance to “mutualize” this liability across the Eurozone.

“Apart from the fact that instruments like eurobonds, eurobills, debt redemption schemes and much more are not compatible with the constitution in Germany, I consider them wrong and counterproductive.”

The question is then what conditions would need to arise that would force Merkel to undermine her constitution or change it.  As Europe’s leading economy the Germans have a lot to gain were this political federation to come to fruition.  Considering the rebuff is coming from a leader who backed bailouts for many nations in the first place it sounds as if Merkel is merely saving face, thereby avoiding a sticky political situation back in Berlin, but perhaps she’s just dutifully biding her time.

At the weekend Germany’s finance minister Wolfgang Scheauble proposed Germans should vote on a new constitution and argued it should be sooner rather than later.  To be sure, the rest of Europe agrees with billionaire financier George Soros that action needs to be taken immediately to save the union.  When Germany seizes the role it is destined to assume Soros has predicted “a German empire with the periphery as the hinterland” ahead.  In order to do that, however, they'll need to abandon their constitution.  The last time the Germans did so, it didn't work out that well.

Sweeping and Expansive Powers May Grow the Eurozone not Break it Up

While some are anticipating the European Union to crumble under its own weight, this author included, it may not happen now or in the near future if the central planners have their way.  In fact the proposed European federation may even become larger as the “gang of four’s” draft proposes that it should extend beyond the Eurozone.  Rather than spreading the wealth it seems all the One Europe crowd wants to spread the liabilities.

“An integrated financial framework should cover all EU member states, whilst allowing for specific differentiations between euro and non-euro area member states on certain parts of the new framework that are preponderantly linked to the functioning of the monetary union and the stability of the euro area rather than to the single market.”

The proposal further addresses Merkel’s mantra: “no liability without controls.”  As financial, budgetary and economic frameworks come under the dominion of Brussels the powers of the EU are magnified enabling the central authority to dictate and enforce a “robust framework for budgetary discipline” subordinating national decision-making on a wide range of issues previously excluded from the EU’s purview.  Changes in labor markets, taxes, budgetary allocations and civil services, will ultimately be approved by Brussels as well as control Military of the EU which eclipses in active military personnel even the United States.

Words Mean Nothing 

For all of the posturing and nay saying it is prudent to remember the persistent flip flops of the European Union’s leadership.  Here is a series of now ridiculous statements compiled from Open Europe by The Daily Capitalist:

“The Community shall not be liable for or assume the commitments of central governments, regional, local or other public authorities, other bodies governed by public law, or public undertakings of any Member State, without prejudice to mutual financial guarantees for the joint execution of a specific project.”

—Article 104b, Maastricht Treaty, 1992.

“We have a Treaty under which there is no possibility of paying to bailout states in difficulty.”

—German Chancellor, Angela Merkel, 1 March 2010

“[Greek Prime Minister] Papandreou has said that he didn’t want one cent. The German government will not give one cent, anyway”.

—German Economy Minister, Rainer Brüderle, 5 March 2010

Who and what to believe at this point may be a futile exercise, but it is clear the European elite wish to keep markets as “stable” as possible and their dream alive.  To address fundamental issues for the long term at the expense of a few years in agony is out of the question.  Equally as abhorrent to them is abandoning their failed experiment in order to do so.  In the new inquisition of Europe it is heresy to speak of small states – to govern locally not globally.  The fact that Greece should be the first to possibly exit the euro is nothing short of poetic justice; Western civilization owes itself to Greek city states not grand unions.

Perhaps it is something more esoteric passed down from millennia of European struggle.  If in fact this modern monstrosity is achieved, albeit guaranteed to fail, and a European Superstate is constructed.   German, France, Spain, Italy and possibly England in their rotating roles as Presidents of the EU will experience a kaleidoscope of empire their predecessors could not achieve through centuries of military conquest.  Empowering the European people is not discussed in these machinations of ancient pedigree.

Escape from EU: Rise of the 4th Reich

Topher Morrison

PurpleSerf.com

Where is Snake Plissken when you need him?  Greece is in shambles.  Spain is on the brink and the planet is on the verge of realizing it never recovered from the last recession.  Japan evidently already realizes it as Tokyo’s stock market hit a 28-year-low today, New York will undoubtedly react.  While some in Europe are rallying jittery technocrats to centralize and unite, reason urges otherwise.

The New York Times reports:

“Mario Monti of Italy called for using euro bonds to create a quicker path to common debt for Europe. And Mariano Rajoy of Spain floated the idea of a common fiscal authority in Europe to synchronize budgets and manage debts.

German policy makers have said that kind of deeper budget integration and supervision is a prerequisite before any sort of euro bonds could be issued.”

This process, to embolden Brussles, is estimated to take between five and ten years, but the wonderful thing about a crisis is its ability to motivate.  To be sure, whatever happens will happen soon.  George Soros predicts three months and Joschka Fischer, Germany’s former vice-Chancellor, gives EU leaders two weeks to save the project.

Either the EU will crumble beginning with Greece’s departure on June 17^th after their elections and return to the Drachma (test trading since last week) or a more powerful central government in Europe will emerge.

If this sounds a bit scary it should.  Spain’s Rajoy urged the 17-nation union to “cede more sovereignty” to a central fiscal authority and parroted the European Commission’s call for a banking union with a single regulator and deposit guarantee fund.  Joining the pro union chorus is also new French Finance Minister Pierre Moscovici: “We need to go toward a banking union,” he said on RTL radio.  With that the socialists are officially on board in Paris.  The thing is who has the money to put where their mouth is?  Not Rajoy.  Not Monti.  Maybe Moscovici, but Germany on the other hand…

Given the current crisis Soros sees a possible 4^th Reich ahead, “a German empire with the periphery as the hinterland,” he said.  While CNBC says this was a “warn[ing]” from Soros his statements clearly suggest he wrestles with little misgivings on the prospect.

With northern creditor nations bailing out ailing Spain and Greece, Germany is effectively at the helm and Soros knows it.  “We need to do whatever we can to convince Germany to show leadership and preserve the European Union…the future of Europe depends on it,” said Soros, reports Bloomberg News.

If you listened to Mosocovici the entire planet depends on what happens in Europe and therefore how Germany plans its next move. “Let’s not delude ourselves: If the euro falls apart, so will the European Union, triggering a global economic crisis on a scale that most people alive today have never experienced,” he said, reports The Daily Telegaph.

In a way he might be right, the world is walking a tight rope finer than frogs hair.  US employment numbers are wilting, a fact Obama “lays at the feet of European leaders.”  Brazil, China and India all see anemic growth.  Iran has been writhing in hyperinflation since at least January with fresh sanctions taking their effect at the beginning of the month and the rest of Middle East on perpetual red alert with Syria in the throws of civil war.  To top it all off the first world isn’t setting any kind of example. The OECD club is at a record average public debt of 106% of GDP and the red flags in bond markets couldn’t be raised higher:

“German 10-year Bund yields closed at 1.17pc. The two-year notes turned negative. British Gilts closed at 1.53pc, the lowest in 300 years. US Treasuries fell to 1.45pc, lower than at any time during the Great Depression.”

Greece is aflame with persistent protests, Cyprus isn’t looking good, neither is Portugal and Italy’s ex-premier Silvio Berlusconi claims his “people are in shock.  Confidence has collapsed. [And they] have never had such a dark future.”  The Daily Telegraph’s Ambro Seevans Pritchard agrees:

“Indeed, the jobless rate for [Italian] youth has jumped from 27pc to 35pc in a year. Terrorism has returned. Anarchists knee-capped the head of Ansaldo Nucleare last month [and] Italy’s tax office chief was nearly blinded by a letter bomb.”

If the real politik lesson holds – let not crisis go to waste – who will pass this global opportunity up?

Should history provide us prologue as it often does.  This is exactly the time when the fearful and insecure turn to anything for security.  With these nations biting their nails strength will need to come from somewhere, lets hope it comes from independence not unity.  Perhaps this is a time when Germany should exit, followed shortly by France and allow the EU to stand on its own for what it is, “a valueless and physically unattractive monument to the hubris of bureaucrats who valued an economic ‘system’ over any actual economies,” writes Tim Cavanaugh of Reason.

The European experiment has failed.  Attempting to prolong the endeavor will only beget more crises down the road.  Individual states should stand on their own, go through the necessary withdrawals and kick the bailout addiction and let the pusher banks sucker some other region.  Let not your hearts be troubled, if the euro is destroyed it will be scary, but we’ll all be the better for it.

It is interesting to note, however, with all the buzz talk about the zombie apocalypse and 2012 how fitting it would be to see Germany’s Angela Merkel leading her zombie states army into perpetual debt slavery.