While the EU promotes itself as a bastion of freedom, stability, and prosperity, it appears increasingly more like a hegemonic bloc, dictating to, rather than acting as a representative of, the European people. The slogan “Toward a Europe Whole and Free” rings hollow when the EU Commission begins dictating policy to individual states, and curtailing progress that benefits both individual nations and their people. In this light, the EU appears more of an autocratic oligarchical consolidation of regional power and resources, and not a democratic collaboration between nations. However, it appears to represent Europe, but then only from the perspective of special interest groups seeking to loot the region collectively, rather than nation-by-nation.
The dysfunction and dictatorial nature of the EU Commission and other apparatuses within the supranational bloc serve as a cautionary example for other nations seeking to construct their own alliances. – Alliances that include obligations that usurp national sovereignty are not alliances at all, they are hegemonic infiltration by special interests who would rather see a village to place all their valuables in a single safe for them to crack and loot, rather than take the time and trouble to rob each individual home. European citizens must decide whether it will continue along a path of internal conflict with its alleged EU representatives putting an end to their collective populations- cultures, and histories, or otherwise reform the EU into an institution that allows collaboration and national sovereignty to exist in tandem.
“The economically devastated EU is a joke; the only thing that counts for the US is NATO – and the overwhelming majority of its members are in the bag, sharing the prevailing mood in Washington of treating Putin as if he were Milosevic, Saddam Hussein or Gaddafi. There are no signs whatsoever Team Obama is willing to de-escalate.” The “logic” behind Cold War 2.0 – now in full swing – the US couldn’t give a damn about European stability. The Obama administration launched the Ukraine insurgence – with NATO as the spearhead – to in fact prevent Eurasian integration, building a New Berlin Wall in Kiev. The immediate target is to undermine Russia’s economy; in the long run, regime change would be the ultimate bonus. The propaganda attack against Putin equating him with Hitler is so extreme that the Russians likely cannot believe their ears and cannot trust the United States anymore under any circumstances.
Angela Merkel has criticized Vladimir Putin’s, apparent, strategy to spread Russia’s sphere of influence in Eastern Europe. The Chancellor doesn’t acknowledge that Germany’s domination of Europe has been disastrous for some states. ‘German government acts like masters of the universe within the EU’ – Germany keeps dictating the EU path and asserts itself as the dominant power within the Union, says Ernst Wolff, journalist and author. The EU problems originate from its conception and were exposed in 2008 with the Euro crisis, but never solved. They only tried to solve these by printing more money, by incurring more debt. The general economic situation today is a lot worse than it was before 2008. When such an economy deteriorates cracks between the individual countries will become more obvious and would lead to clashes.
Back in history: “In the late 1960s Germany regained economic primacy in Europe and was at the forefront of European integration, in association with France and England. It soon came to dominate the principle decision-making institutions of the EU. So, the EU served as Germany’s instrument for conquest by stealth. Year by year, through aid and low interest loans, the EU facilitated German capitalist market penetration and financial expansion, through out south and central Europe. Germany set the agenda for Western Europe, gaining economic dominance while benefiting from US subversion and encirclement of Eastern Europe, Russia and the Baltic and Balkan states.”
Germany’s projection of power on a world scale would never have occurred if it had not annexed East Germany. Despite the West German claims of beneficence and aid to the East, the Bonn regime secured several million skilled engineers, workers and technicians, the takeover of factories, productive farms and, most important, the Eastern European and Russian markets for industrial goods, worth billions of dollars.
Germany was transformed from an emerging influential EU partner, into the most dynamic expansionist power in Europe, especially in the former Warsaw Pact economies. The US and Germany want to return Russia to the vassalage status of the 1990s. They do not want normal relations. From the moment Putin moved to restore the Russian state and economy, the Western powers have engaged in a series of political and military interventions, eliminating Russian allies, trading partners and independent states.
Now, Europe’s neo-liberal media are having a collective hernia at the thought that some former Warsaw Pact countries are cozying up to Moscow, which particular is the case in Germany. On top of that Merkel’s recent speech in Australia was full of tough criticism of Russia. However, on closer inspection, what they are accusing the Kremlin of doing, is exactly what the EU has been at for the past 20 years.
“The EU is in serious trouble. Living standards are falling all over the union and political instability is fomenting from Dublin to Athens and Madrid to Zagreb. Iceland recently u-turned on a plan to join the grouping and, previously, resolute aspirants like Serbia and Montenegro are cooling their ardour for membership.”
“Angela Merkel thinks this is Russia’s fault. That’s akin to blaming Brazil’s strikers for their 7-1 World Cup capitulation to Germany. Pure hokum. If Merkel wants to find the real culprit, she need only look in the mirror. The Berlin government, which she has led for 9 years, is sucking the continent dry. While peripheral states flounder and pivotal countries stagnate, Germany is doing just fine. This is because the entire EU system – especially the Euro currency – is propping up its largest member while choking the rest.”
EU-members, such as Ireland and Spain were flooded with cheap German credit. This was basically a form of captive loan-sharking. German banks were handing out easy money to facilitate the purchase of German-made goods, from cars to electronics. When the scheme blew-up in 2008, the German creditors didn’t accept a haircut. Instead, the penalties were passed on to Irish and Spanish taxpayers, further enslaving them by severe austerity measures to Berlin.
“Merkel seems to believe that Russia is coercing some European states into doing business. Complete nonsense. It’s rather more believable that financially stressed governments have begun to see through Berlin’s practices and are hedging their bets. After all, it’s the duty of a sovereign to look after its own citizens, not the pampered bankers of Frankfurt or industrialists of Munich. Germany’s arrogant mistreatment of the rest of Europe is coming home to roost.”
“However, in Budapest and Bratislava, premiers Viktor Orban and Robert Fico are doing what’s right by their electorate and striking the optimum deal for their countries. Merkel is deeply offended by such a practice as it reduces Germany’s omnipotent stranglehold on their commerce. Orban is also committed to pushing ahead with the South Stream pipeline, in partnership with Moscow. Why? Not to undermine Berlin, but to guarantee its energy supply because Ukraine is unreliable as a transit territory. This is entirely understandable – it’s Orban’s job to look after Hungary, not to bow down before Germany.”
“The pro-NATO, neoliberal, media in Western Europe are presenting Russia’s trade deals with struggling eastern states as some kind of dastardly plan to undermine the EU. Such suggestions are hyperbolic nonsense. The leaders of Hungary, Slovakia and Serbia would, gladly, bite the hand off Merkel if she were willing to throw some German cash around. However, she’s not and Putin is.” Consequently, these countries are doing what’s best for their current circumstances. There is nothing sinister about it.
What Merkel does not understand is that Germany’s own national interest lies with developing economic union with Russia not against Russia. Germany has nothing to gain from the USA other than total dependency. The USA cannot offer Germany anything that it does not have. In fact these two are competitors in High Tech. Without Russia and its markets and resources Germany is doomed. Russia has an outlet for its commodities and resources, China, but Germany does not. The USA wants to keep Germany as a vassal and as a useful stationing ground for its imperial ambitions, use its airports and bases. So to put it in Marxist terms Germany’s national interest of development and cooperation with Russia comes into contradiction with its NATO membership and a de facto subservience to the USA.
Meanwhile a group of prominent Germans are urging their country and the West to open dialogue with Russia, and add that Europe and Russia both have a joint responsibility to ensure peace and security on the continent, however this can only be achieved through, “equal security for all and that all partners are respected.” – In a letter they said: “The Russians’ security requirements are as legitimate and just as important as those of the Germans, the Poles, the Baltic States and Ukraine. We should not look to push Russia out of Europe.”
Eventually, the EU admits “the economic and financial crisis has impaired the ability of the financial sector to channel funds to the real economy, in particular long-term investment.” The solution? “The Commission will ask the bloc’s insurance watchdog… for advice on a possible draft law “to mobilize more personal pension savings for long-term financing“, the document said.” Mobilize, which is a more acceptable word than, confiscate.
In Reuters’ own words, “the savings of the European Union’s 500 million citizens could be used to fund long-term investments to boost the economy and help plug the gap left by banks since the financial crisis, an EU document says.”
What is left unsaid is that the “usage” will be on a purely involuntary basis, at the discretion of the “union”, and can thus best be described as confiscation. More precisely: Cyprus-style confiscations that are to become law.
Rather than reining in the massive and risky derivatives casino, the new rules prioritise the payment of banks’ derivatives obligations to each other, ahead of everyone else. That includes depositors, public and private, but also the pension funds that are the target market for the latest bail-in play, called “bail-in able” bonds.
“Bail in” has been sold as avoiding future government bailouts and the elimination of the too big to fail banks (TBTF). But it actually institutionalizes TBTF, since the big banks are kept in business by expropriating the funds of their creditors – clients. It is a neat solution for bankers and politicians, who don’t want to have to deal with another messy banking crisis and are happy to see it disposed of by statute. But a bail-in could have far worse consequences than a bailout for the public. If your taxes go up, you will probably still be able to pay the bills. If your bank account or pension gets wiped out, you could wind up in the street or sharing food with your pets.
Rather than having the bank’s assets sold off and closing their doors, as happens to lesser bankrupt businesses in a capitalist economy, “zombie” banks are to be kept alive and open for business at all costs, and those costs are again to be to borne by us.
In the latest version of bail-in scheme, TBTF banks are required to keep a buffer equal to 16-20% of their risk-weighted assets in the form of equity or bonds convertible to equity in the event of insolvency.
Called “bail-in bonds,” these securities say in the fine print that the bondholders agree contractually – rather than being forced statutorily – that if certain conditions occur, read: the bank’s insolvency, the lender’s money will be turned into bank capital. However, even 20% of risk-weighted assets may not be enough to prop up a megabank in a major derivatives collapse. And we the people are still the target market for these bonds, this time through our pension funds.
Other than the pension funds and insurance companies that are long-term bondholders, it is not clear what market there will be for bail-in bonds. Currently, most holders of contingent capital bonds are investors focused on short-term gains, which are liable to bolt at the first sign of a crisis. Investors who held similar bonds in 2008 took heavy losses.
In a Reuters held sampling of potential investors, many said they would not take that risk again. While banks and “shadow” banks are specifically excluded as buyers of bail-in bonds, due to the “fear of contagion”: if they hold each other’s bonds, they could all go down together. Whether the pension funds go down is apparently not of concern.
American banks have nearly $280 trillion of derivatives on their books; at EU banks the quantity won’t be much different. They earn some of their biggest profits from trading in them, profits that could turn into their biggest losses when the derivatives bubble collapses. Thus, as Cyprus already taught us, keeping your money in the bank isn’t the safest place, better to convert most of it in precious metals, stored privately, in the event you want to protect your hard earned savings.
As probably most of you know, the EU is owned by the Rothschild network that won’t stop stripping every citizen bare, they are after your savings even your pension fund, there is no other protection than pulling your money out of the banking system, and try to live off the grid, by forming small communities, where food can be grown and bartered without money. Make your mind shift; the Illuminati are seeking to enslave all of us. Their worst nightmare is our non-compliance – the refusal to accept their lunacy to which the world has descended, to pay taxes, or leave homes when banks foreclose on them; plainly refuse to comply with your own enslavement in any form.
The US government bent on world hegemony (NWO) – Russia stands in its way:
The US has already turned Europe, Canada, Australia and Japan into vassal states. House’s latest resolution against Russia is just a tool to reach the goal – world hegemony, told Paul Craig Roberts, former Assistant Secretary to the US Treasury, to RT. Russia needs to understand that the United States has an ideology of world hegemony and does not accept any prospect of any country being sovereign or acting on its own. You have to be an American vassal state. Just as the United States has turned all of Europe, Canada, Australia and Japan into vassal states that is the only terms on which the United States can accept Russia and China. It will not accept them as sovereign, independent countries following their own interests.
The demonization of Russia’s leader and the country will continue. The situation will become more and more hostile. It’s not going to go away, because the United States is guided by the neo conservative ideology of American world hegemony and that means hegemony over Russia and China. I think if the Russian government is relying on facts, it’s going to be greatly surprised because Washington has no interest whatsoever in facts. Did Saddam Hussein have weapons of mass destruction? Did Assad of Syria use Chemical weapons against his own people? Did Iran have nuclear weapons? Of course not, and of course Washington knew they were lying.
This house resolution is identical to what Adolf Hitler said when he announced that “Last night Polish troops crossed the frontier and attacked Germany” – there’s no difference. The United States overthrows the government of Ukraine and then accuses Russia of invading the country. This is not worth talking about. This is blatant, obvious propaganda designed to make a demon out of Russia, that’s the only purpose of this. It’s not going to go away. Watch this interview on video.
To be continued in Part Three – Phony Russian Threat
The new gold backed world currency will arrive soon:
You want to know how it will look like? Here the answer from Karen Hudes:
“The gold will be pressed very thin and put between a plastic envelope which will act just like paper currency, except that the value of the gold will be equal to the stated value of the currency.”
The Killer of the Petrodollar:
After Putin raised interest rate till 17%, America decided to manipulate the Rouble even further down. His next step could be to back his currency partially with gold, this should hurt the US dollar as it suddenly faces competition from a credible, gold-backed currency, it is likely that other central banks diversify at least some of their dollar reserves into interest-bearing, gold-backed roubles. – Still in search for conformation, the Rouble quietly has been backed by gold but western media are not allowed to report this. – Countries importing oil from Russia would have an additional incentive to do so as they would be able to pay for Russian oil imports in roubles and avoid the sanctions. Watch below video in which is explained that everyone who wants to secure his savings should buy gold and or silver as an insurance against the things that surely are going to happen.