Euro lack of democracy

Messers Sarkozy & Merkel prove once again there is an alarming lack of democracy within the European Union as we quite now clearly we have a duopoly running the show of 17 & for that matter the 27 too.

The 27 have been quietly stitched up by Lisbon, the leaders of the 27 were lead to their Auschwitz with little more than a whimper, the 17 are now locked inside the walls with the other ten on the train heading every closer to their end too. 

The Franco German duopoly has created a vehicle cold war Russia would have given their back teeth to exploit except this has cost a whole lot more than the arms race ever did.

The damage to the continent is being enacted like an episode from Star Trek where lives are being destroyd  by the decree of machines & unelected autocrats. Rather than the dropping of messy bombs lives are being destroyed for the imagined greater good of saving the Euro which is the disease that is killing the whole European project.

If the European Project is to be saved Member Countries must revert to their own currencies & they must be responsible for maintaining a fixed (Locked) currency rate with the imaginary “Euro” , they alone must take responsibility for their currencies & would have to increase their interest rates or lower them to maintain the equilibrium or face massive fines from the European Union.

 We all know how difficult this is when the markets spot a flaw in a member states economy as the previous UK Conservative Administration found in the 1990’s when they were forced out of the European Exchange Rate Mechanism countries that cannot maintain their fixed rates would have to be dumped out of the new ERM as well as fined until they get their house in order & can re enter.

The member states know now however that running a manageable deficit is beyond many member states because they cannot collect taxes. Quite simply many member states Revenue & Tax collectors are simply not fit for purpose they have been quick to give money away bribing the voters to gain re-election  & have had no qualms in borrowing vast sums to ensure the gravy train continues to run full steam ahead.

Many of the leaders in the European Union are career politicians who have barely done a days work between them, they go to University & get into politics, they bypass work altogether & rely on their advisers who again have never done a real days work in their lives either & working in the media world is not the real world.

The real wealth generators are the private businesses not a Quango or Teachers or Bus drivers or dinner ladies. Without the “Real Wealth Generators” the country cannot gain an income through taxation to pay for the services that people have become so used to being in receipt of. Wealth creators are on a seesaw so long as the tilt is in their favour they will continue to make profits which pay the taxes but if the taxes & red tape start to change the tipping point the companies will simply cease to exist or relocate to other jurisdictions which provide a better environment in which to operate.

If the Euro is to survive it has to be by the order of the people they have to want it, it has to be democratic & it has to be worth the short term pain, unfortunately it isn’t worth the pain so it will fail if not in the short term, certainly in the long term.

Open Letter Regarding the Euro

@RalfGrahn you are an intelligent man, your heart might be pulling you one way but your mind knows that without one parliament running the entire eurozone & reducing national government to the level or local councils the Euro is dead in the water, it always has been & it always will be. It hasn't been holed as severely as the Titanic but it continues to take on water the bilge pumps will work in the short term & maybe even the medium term but you know & I know that they will give up the ghost & sink eventually.

Merkel was only saying yesterday morning the the EU would not be allowed to have supervision of German budgets yet she wants to have the power to veto other national budgets. Unless your singing from the same hymn sheets its not going to work. Italy will never be a German economy the Italians have a pizzazz that the Germans do not they have a flair for design moving from the rails, excitement which you cannot bottle up & sell but it makes their cars & fashion hugely desirable.

Germans rely on their reputation to produce high quality products that last, that do the job with redundant capacity, their tools are well built so of course the products too are generally well built but their cars are not show stoppers unless you like Porsche in the same way as Maserati, Ferrari, or Lamborghini.

The French, well they like their farmers to be well subsidised yet they still have farming practices from the middle ages with tiny strip farming still in vogue! They have their heavy industry too but its neither aesthetically pleasing or rugged enough to compete on quality. What they do do is bend the rules on protectionism very well.

You cannot go to many places in France & turn on the cold water tap & drink what comes out of it, you certainly can't do that either in Spain or Italy yet these are major countries within the EU & they have the cheek to drag a country like Ireland through the EU courts on the pretence that their water infrastructure doesn't meet EU standards. I have never been anywhere in Ireland where I couldn't drink the tap water?

If the EU cannot even get drinking water out of the taps it should shut itself down as not fit for purpose. The EU have directed that the Irish must register every property that is not connected to mains water & sewage adding yet another tier of administration & bureaucratic costs to a heavily indebted country & this debt was piled on the country by the EU!

Anglo Irish Bank was a private bank that racked up massive debts which rendered it bankrupt but the EU wouldnt allow it to collapse it insisted that the State took on all the liabilities & subject the citizens of Ireland to the task of settling those debts. Ireland wouldnt need a bailout if Anglo Irish Bank has simply gone bust.

By insisting that Ireland took on that debt it ensured that the country would be subservient to its new puppet masters in Berlin, Paris & Brussels who's own banks were on the line for their profligate lending.

Now hand on heart, am I right or do you continue to defend those that wish to do away with democracy & force more treaty changes on to people that never have a voice with a referendum. You know & I know that the political classes are pretty much the same they are career politicians interested only in their jobs & hanging on to & increasing their power over the people.

Most Europeans want less government not more, if we had less Government the people would have more of their own money to spend as they see fit & not see it wasted on staffing vast Quangos.

My Reply to @RalfGrahn (Twitter) You never answer a straight question you still believe the EU is a democracy instead of it being a totalitarian one that isnt accountable to voters. The Political classes are the same the world over in it for themselves why do you think so many minorities worm their way onto councils? they promote their own agenda for other minorities and odd bods this is a fact from local councils, national parliaments & even more so with the cuckoo's that make up the corridors of power within the EU.

Just tell me when we elected Herman van Rumpoy or Barosso or Ashton or any of the other self serving spongers in to a position where they earn more money than President Obama? These people swan around the globe in separate Jets to the same destinations spending our money!

UK tax payers are still bailing out the Eurozone & the EU via the back door of the IMF We're supporting an entity thats bankrupt. It is selling its own debts to itself. Enron did that, its called a Ponzi scheme & their commandants are all locked up doing upto 150 years in Prison.

How long should Herman & Barosso be locked up for? They have feathered their own nests nicely while robbing us of a lot more than Enron ever lost. What other entity would get away with buying its own debt? that's like paying off your overdraft with a cheque from your current account.

Did you ever watch the Parrot sketch in monty Python? Well the Parrot is the Euro! here watch it at this link:

http://www.youtube.com/watch?v=4vuW6tQ0218

The European Union

The only countries that allowed their citizens a referendum over the #Euro currency, Sweden & Denmark both firmly rejected it. The Euro is simply a tool that is being used by the Un-elected in Brussels to make a power grab in their endeavor to create a European Empire.

Now for an Empire to work the peoples must want to be a part of that empire. The two biggest Empires of their day were the Roman Empire & the British Empire. The citizens of the conquered nations respected those same said Empires & wanted to be part of the game. 

Whatever country people were in they wanted to become citizens of those empires & they wanted to work with them to improve their lives & of those of their fellow citizens. They also wanted to do this within their own countries, they didn't want to flock to Rome or London they wanted to be citizens in their own countries & no better examples were the fabulous buildings that were built across the many continents around the world.

These countries grew more prosperous through trade, civilizations grew & prospered in places like India, Africa & China but as soon as these countries decided they didn't want to be a part of the grand design the various Empires disintegrated. 

Empires of old were kept together with the big stick of a Powerful Army & Gun Boat Diplomacy to back up what the politicians said. Now days as we have seen in the "Arab Spring" a big stick will see you take a visit to the Hague or worse an Arab court which may lead to a visit with your maker sooner rather than later.

The point is if the people don't want it, it will eventually end in violence it id just that the peoples in the Arab world are more inclined to take to the streets with morta shells & rocket propelled grenades & the odd Kalashnikov to bring this to a head.  We pat these armed insurgents on the back & defend them when the oppose un-elected totalitarian leaders, we offer arms & expertise to help them on their way yet we are the exact opposite when it comes to the European Union!

Who elected the likes of Jose Manuel Barroso or worse Herman van Rompuy who comes from a Member State that doesn't even have a functioning government, then we have  Catherine Ashton who swans around the globe telling people how to lives their lives & pretending she represents us! She doesn't represent me but here ever growing "Empire" is costing us all a small fortune, sorry did I say small? She & her entourage  The so-called European External Action Service (EEAS) will have an annual budget of £5.8 billion and an army of ambassadors across 137 embassies, with up to 7,000 Eurocrats trained to pursue the EU’s foreign policy.

The EU is not a state it is a trading block of nations & if the power grabbing un-elected Nazi styled rulers in Brussels had left it as such we should all be in an unequal equilibrium where currencies floated with or against the tide like seaweed rather than what we are facing now a Tsunami 

The Imploding Eurozone

Gold is the only Currency in Town

It is not a case of if but when Greece is officially declared bankrupt, it is not a case of if but when the Euro collapses & falls apart. The one gloved policy fits all has not worked & is continuing to damage the economies of the Euro member states.

The only reason Greece is being loaned further monies is to pass its straight back to the money lenders to pay of previous debts that have become due. Greece, Portugal & Ireland cannot pay of their existing loans they are strangled with debt.

States that are crippled with debt cannot function, they cannot purchase goods & services from outside their own bubble state, their economies cannot trade & grow & if the answer to the debts is to increase their level of debt they situation will get worse.

The public workers in Greece are the only ones that we can be sure are paying all their taxes yet it is these people that are having their jobs cut. The Country cannot do anything about it they are imprisoned by their paymaster slave drivers.

Not only are Greece, Portugal & Ireland bust but so too is the European Central Bank! It has loaned out vastly more than the assets it has on deposit from its member states & it continues to buy eurozone debt with new printed money that isn’t backed up with any assets it manages.

Printing money as sure as night follows day will eventually lead to inflation as paper currencies become worthless against asset backed nations currencies such as the Australian Dollar & Gulf state currencies.  The value of Gold is a base & if you accept that its value is static it is the value of the paper currencies that have collapsed in value. Gold. Oil, Gas, Copper, Coal have all become aggressively more expensive to the consumer because of the mismanagement of our economies by the people we elect.

The European Union can only fund itself by adding additional costs to its member states & their citizens It has wasted billions on white elephants such as Galileo which no one either needs or wants & which we will be forced to use & pay for like it or not as a tool to track us as we move around. Like many EU projects it has been over budget & delayed.

 http://en.wikipedia.org/wiki/Galileo_(satellite_navigation)

As I’m sure you will agree unless Europe is planning to go to war against the United States we will always have access to GPS. Is anyone aware that this satellite will cost three quarters of a billion every year & from its inception, it will cost nearly €23 Billion over a twenty year period a staggering increase from the already absurd €7 Billion that was budgeted.

This is just one example of abject waste & incompetence of the European Union & were have these same people running our lives.  They bleed us dry while feathering their own nests with expensive fleets of Cars, Jets, Pensions, Salaries, Expenses & Embassies around the world.

The European Union is not a state, why does it need embassies duplicating the activities of its member states?  The European Union exists to shuffle paper & provide an excuse for its own existence which if it wasn’t so serious would be as funny as Sir Humphrey Appleby trying to keep his Whitehall empire together in Yes Minister.

If the Entire European Union was reduced to 2 members per country with 50 Million plus populations & one for all nations with less than 50 million the work needed to be carried out to run a common access market of free trade would have more than enough pen pushing administrators & best of all they could work from a building the size of a large semi detached house rather than the not just one but two Taj Mahal  buildings that are used at the moment at Strasbourg & Brussels the transfer between the two is another costly experience the cost of which is borne on tax payers for no good reason other than placating pride.

This building cost nearly €500 million & to prove it isn’t, wasn’t ever needed when the roof collapsed in 2008 the business of the EU continues unfettered in Brussels & due to health & Safety reasons this remained the case for the next session too.

The EU exists to consume money for its own self serving purposes.  It legislates so its member states citizens have to submit to it completing forms for the pen pushers to collate & report on before issuing ever more dictats which reduce the competitiveness of member nations on the world trading stage.

The European Union causes another layer of red tape between European countries & the World Trade Organisation (WTO) which is the arbiter when it comes to nation trade disputes.  The EU again isn’t needed!

The Euro will collapse & its time to move money away from banks in Ireland, Spain, Portugal, Greece & Italy to relatively safe havens such as Swiss Francs, Sterling & the Australian Dollar which are all likely to appreciate & at the very worst keep their value as the Euro implodes.