“There Is No Consent For A United States Of Europe”

In a speech in the European Parliament, Nigel Farage, leader of the UK Independence Party (UKIP) attacks the idea of creating the United States of Europe: "The whole European project is based on a falsehood... and it's a dangerous one.. because if you try to impose a new flag, a new anthem, a new president, a … Continue reading “There Is No Consent For A United States Of Europe”

Arrogance, Hubris and Evil

The leaked phone conversation today between the EU foreign affairs chief Catherine Ashton and the Estonian foreign affairs minister Urmas Paet, where the estonian minister stated that "There is now stronger and stronger understanding that behind the snipers, it was not Yanukovych, but it was somebody from the new coalition," gives credence to the article from … Continue reading Arrogance, Hubris and Evil

Ultra Vires ECB

Ultra vires is a latin phrase meaning literally "beyond powers". If an act requires legal authority and it is done with such authority, it is characterised in law as intra vires. If it is done without such authority, it is ultra vires. Acts that are intra vires may equivalently be termed "valid" and those that are ultra vires "invalid". The verdict of the German … Continue reading Ultra Vires ECB

A United Europe? Think twice

In a revealing article published today by Die Welt, some of the elements of this year’s wish list of the representatives of the global elite, meeting this week in Davos for their yearly fest, are, if indirectly, mentioned. As expressed by Axel Weber, president of UBS, in this year's list there is the desire that … Continue reading A United Europe? Think twice

Mr. Draghi & the “european banking union”

ECB on collision course with Germany on banking union @ Financial Times Financial Times publishes this article about the reluctance of Germany to the intent of the ECB to get total supervisory and resolution control over all banks in the eurozone. The so-called "european banking union" plans seek to place eurozone banks under the overarching supervision … Continue reading Mr. Draghi & the “european banking union”

A Chain for Freedom

As the Wall Street Journal reports today, "hundreds of thousands of Catalans protesting what they consider economic and cultural abuse by Spain's central government joined hands in a 400-kilometer (250-mile) human chain Wednesday to underscore their call to make this industrialized region an independent nation.  Catalonia claimed for independence from Spain " The area of … Continue reading A Chain for Freedom

False Flag im Oktoberfest?

“If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy.” - U.S. President James Madison According to Wikipedia, "False flag (or black flag) describes covert military or paramilitary operations designed to deceive in such a way that the operations appear as though they are being carried out by other entities, … Continue reading False Flag im Oktoberfest?

Back to Mesopotamia by the way of Cyprus

In Back to Mesopotamia? a now prescient report by the Boston Consulting Group (BCG) published in September 2011 it was argued that, while inflation is the unstated and preferred "solution" to the present debt crisis in the western societies, for a variety of reasons, among them the deleveraging pressure, low demand for credit and potential … Continue reading Back to Mesopotamia by the way of Cyprus

TYR February 13 2013 reads: Greece imploding

While financial markets continue their upward march, sustained and pushed by unprecedented money creation by most of the western world's central banks, under the surface, Greece's economy continues in free fall. Professionals increasingly failing to pay their tax dues @ Ekathimerini "More and more professionals are withholding value-added tax from the authorities in a bid to … Continue reading TYR February 13 2013 reads: Greece imploding

“How so? Breaking the law has now become a sort of routine”

In an interview with Die Presse, the former chief economist of the European Central Bank (ECB) discusses the latest decisions taken by this institution and asserts that from 2010 on, the ECB has given in to pressure from the outside ("Sie hat dem Druck von außen nachgegeben"). Asked about whether this pressure originated in the USA, … Continue reading “How so? Breaking the law has now become a sort of routine”