22 Jul 2012

E.U. Crisis: Democracy Confronts Masters of the Universe.

Bank of France warned the whole world is at risk and Europe’s leaders still have failed to grasp the nettle. But what nettle.

Euro skeptics are adamant it is the fault of failed political European leadership. Those who created a flawed product, namely Der Euro, or those multi-kulti arrogant self centred wishy washy Federalists in Brussels. And now it's the austere puritanical Germans led by unmoving and unfeeling Chancellor Angela Merkel, de facto president of Art of Superstate.

Yes, there is some truth to these allegations. But then again, the blame game is always a bit of the truth surrounded by a whole heap of baloney.

The second truth is this crisis is part of a Banking industry spinning out of control and its activities as directed by Masters of the Universe.

The world is now much more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practised in past centuries. …....David Rockefeller at Bilderberg meeting Baden Baden 1991

Merkel recently broke a taboo to face down top bankers, as has UK politicians in the Libor interest rate fixing scandal. They have come to realise the catastrophe these reckless and feckless people are bringing on our society. More importantly they realise an imminent backlash, as citizens consider too big to fail is now becoming too powerful and threatening.

Tower Power. Frankfurt's financial district grows stronger and stronger. 2012
The real confrontation between society and the Masters of the Universe has yet to come. The muzzling of this wild and dangerous financial sector will not be an easy walk in the park.

Barclays former UK chief took on the British establishment. Barclays has “Wow” assets of $2.5tn, "Too big to fail". However he did fail and might now face criminal charges. Banks have also been caught out laundering money for a spectrum of criminals including Mexico's drug cartels. And to make matters worst up to 17 Trillion Euros of wealth is salted away in off shore accounts by the notorious 1% avoiding taxes, while placing the burden of bank debts and the austerity programme on the shoulders of society.

The financial industry is the cause of this present collapse and crisis. Since de regulation (Big Bang 1986) the Masters used their economic power to tear down laws, rules, and regulations introduced in the 1930's Great Depression specifically designed to protect society from this sector's greed.

By the year 2000 virtually all of those early shelters were dismantled. After 70 years of regulation it took just 7 short “Boom” years for today's unethical banking to bring us to this mess. And, the plausible unravelling of European Union.

Only war has a bigger negative impact on society than a full blown financial crises of this magnitude. ............The head of the ECB Mario Draghi recently proclaimed to Le Monde that the federalist EU project is misunderstood. All in fact is still OK. Mr Draghi was Goldman Sachs International vice-chairman for Europe between 2002 and 2005. He is alleged to have been part of the team which doctored Greece's application to join the Euro in the face of that country's glaring failings to meet the EU's economic criteria. He answered to the following questions;

So is the Euro still in danger?
No, absolutely not......that underestimates the political investment in this union, as well as the support of European citizens. The Euro is irrevocable!

Does your time at Goldman Sachs make you uncomfortable?
No, indeed, I value this experience of the world of finance and of the private sector.

           ..You support the calls for political union made by Angela Merkel
Moves towards a financial, and political union are inevitable. This will lead to the transfer of sovereignty. One must remember that with globalisation, it is precisely by sharing sovereignty that countries can better preserve it. In the long term, the Euro must be based on a greater degree of integration.

Meanwhile citizens are preparing for a breakdown scenario in 2013 by forcing their parliaments to work for sovereign democracy and not for globalist bankers.