Explaining the US Bail Out
Labels: South Park
A continuing chronicle of how democracy is being destroyed across the entire European Union.
This blog is henceforth exploring various means whereby democracy may now be restored within or to the EU's formerly independent nation states now that economic chaos looms following the euro currency's apparently deliberate self-destruction, as long predicted on this blog? (Changed 23/11/10)
Labels: South Park
Sir, The economic crisis should bring out the best in Europe. The weak should be sheltered by the strong, who in turn should lead the way to a common strategy. So far, Europe is not rising to the occasion.
The divisions caused by a worsening financial situation threaten each of the three big European projects of the past 50 years. Since 1945 Europe has enjoyed peace and prosperity. The central reason is the internal market. (Blog editors emphasis of this oldest and longest standing EU lie.) It has locked the economies of different member states together in a legal community that enjoys the free movement of people, capital, goods and services. If national financial armouries are deployed to boost national industries, and promote narrow national economic interests, the rules of fair competition and the internal market will be undermined.
The unfolding financial crisis has demonstrated the strengths of Europe’s second big project, the common currency. Without it, some members might have encountered far greater difficulties. However, the euro project is incomplete. It has a central bank but not a central treasury, and the supervision of the banking system is left to national authorities. An absence of solidarity could become a hazard for the Eurozone.
EU enlargement to the east is also under pressure. The economic vitality of the new member states has benefited the whole union in recent years. But now the protectionist statements of some EU leaders, and the unwillingness of some member states to offer financial assistance to Europe’s most vulnerable economies, has led some to talk about some old member states wanting to “undo the enlargement”. A new tide of populism and nationalism threatens to undermine the EU’s core principles of solidarity, tolerance and commitment to open society.
Europe is in a critical position. Its member states are too integrated to be able to develop purely national responses, but too divided to decide on a common way forward. Europe’s leaders must show the vision and leadership to develop a co-ordinated position. It is a time for creative institutional responses at a European level on regulation, on the EU budget, and to encourage temporary and targeted stimuli. Leaders should consider setting up European Commission-led task forces to secure and strengthen the single market. They should consider creative ways of underpinning the euro such as Eurobonds or an EU version of the IMF. Western European leaders must go out of their way to show solidarity with their Eastern counterparts — including special measures for those struggling to join the eurozone — rather than the “each for himself” attitude that they currently convey.
The EU began life as an economic project designed to achieve political goals. As the economic crisis continues, only bold political action at a European level will save the European economy and the European project as a whole.
Martti Ahtisaari, Giuliano Amato, Timothy Garton Ash, Mary Kaldor, Lord Patten of Barnes, George Soros Asger Aamund ,Jan Krzysztof Bielecki, Svetoslav Bojilov, Emma Bonino, Ian Buruma , Manuel Castells, Charles Clarke, Massimo D'Alema, Marta Dassu, Etienne Davignon, Jean-Luc Dehaene, Pavol Demeš, Tibor Dessewffy, Andrew Duff, Sarmite Elerte Uffe Ellemann-Jensen, Teresa Patricio Gouveia, Heather Grabbe, Pierre Hassner, Diego Hidalgo, Michiel Van Hulten, Jaakko Iloniemi, Wolfgang Ischinger, Olli Kivinen, Gerald Knaus, Mark Leonard, Juan Fernando López Aguilar, Nickolay Mladenov, Andrzej Olechowski, Mabel van Oranje, Leoluca Orlando,Cem Özdemir, Ana Palacio, Diana Pinto, Andrew Puddephatt, George Robertson, Albert Rohan, Dariusz Rosati, Adam D. Rotfeld, Daniel Sachs, Pierre Schori, Giuseppe Scognamiglio, Narcís Serra, Aleksander Smolar, Erkki Tuomioja, Antonio Vitorino, Stephen Wall and Andre Wilkens
This blog firmly believes this is the exactly the opposite way to that along which the former Nation States of the EU should now proceed. The EU project should be suspended - the EU Parliamentary elections deferred and no new Commission appointed. Cost cutting on a vast scale should begin and NO new meetings scheduled until robust economic growth resumes across the Continent.
More money spent now by the EU will - AS ALWAYS - be completely wasted on the likes of people such as the signatories of this letter.National politicians need no further distractions from easing the plight of their national economies, time spent on EU matters being the most wasteful and counter-productive of any that I can discern across the planet!
........ President Obama's government is strongly backing the European Security and Defence Policy, the Lisbon Treaty, and the Common Foreign and Security Policy. Obama will seek to strengthen French and German leadership at the heart of a united European Union. President Obama has appointed several prominent supporters of European federalism to key positions in the Pentagon and State Department, including the new undersecretary of defense for policy and the next assistant secretary of state for European and Eurasian affairs.
The Obama Administration has already made major concessions to Paris over President Sarkozy's decision for France to rejoin the NATO integrated command structure. The French have been given two major positions at the helm of the alliance, a move that will significantly enhance the drive towards a European defence component within NATO.
Labels: MP Maggots
Quotes from the article with the wonderful picture above!
The Prime Minister claimed £17,073 in accommodation expenses for a second home, even though he lives at No 10 Downing Street free.link here.
Labels: MP Maggots
Labels: Dan Hannan MEP.
OPEN LETTER TO ALL MEMBERS OF PARLIAMENT
“VOTE OF NO CONFIDENCE”
Our nation is in desperate straits and our Government is making matters worse by building mountains of public debt and debasing the currency in a futile effort to dig our economy out of an ever-deepening hole. This policy is the equivalent of pouring petrol on a bonfire. If so-called ‘fiscal stimuli’ (immoral borrowing of taxpayers’ funds), and ‘quantitative easing’ (alias excessive money printing), are allowed to continue unabated, we will all be ruined and the damage will be irreparable in this and the next generation. Future generations, yet unborn, may still suffer from this intolerable burden.
Is this really what you want? You are our elected representatives. You have sworn allegiance to the Crown and thus to uphold the Constitution. You have a Code of Conduct and you are bound by the responsibilities of your trusted position to act always in the best interests of your constituents who elected you and your country that you help to administer.
Regardless of your party loyalty, especially in this time of crisis, you have a far greater duty and responsibility to your constituents and country. We are therefore calling on you to support a Vote of No Confidence in the present government because it has clearly lost control of the situation and is now careering in totally the wrong direction towards the cliffs of national ruin.
We urgently need a fresh administration and a fresh course of action. A further year of this mis-governance could spell disaster. The simplest first step would be for banks to separate their assets from their debts in current balance sheets and be responsible for repaying these out of future profits. Borrowing from taxpayers and printing excessive money MUST STOP. Public and non-productive expenditure must be reduced to essentials.
We cannot afford to wait until 2010 by when the present rapidly worsening economic situation may have descended into physical chaos, violence and insurrection. It is your duty to halt this insanity NOW by calling the Government to account or face the consequences. Your fate and ours lies in your hands and a Vote of No Confidence will help to regain public respect.
John Gouriet Julian Heath
Labels: John Gouriet
Labels: Gordon Brown.
Last evening's Question Time from PoliticsHome, linked here.
The relevant extract is below. To watch the video click HERE and go to minute 44.
David Dimbleby began by asking Mr Pickles if he claims for a second home:
EP: “I do indeed have a two house system and an allowance. But if I could just make a brief contribution –
DD; “How far away from Westminster are you?”
EP: “Thirty seven miles.”
[Boos from the audience]
EP: “And if I could just make this brief contribution to hang an MP week -“
DD: “Take your time! Take your time!” EP: “OK, then let me explain why. And I have actually had experience of commuting that distance, when my wife was ill (she’s fully recovered now) – but for a month I did it. And it was an extremely difficult experience and I’ll explain why. Because the House of Commons works on clockwork: you have to be there, if you’re on a committee, you have to be there precisely. Particularly for someone like me, I was a number two –“ [Boos from the audience]
EP: “Let me explain, let me explain, please just let me explain for a moment. I had to be there –“
DD: “Like a job, in other words?”
[applause and laughter from audience]
EP: “Yes exactly like a job. If you’re number two in the opposition, you’re essentially running the committee. So I needed to be there at 930 to move those amendments. It doesn’t matter if a Liberal Democrat isn’t there, but it matters if I’m there –“
Ed Davey: “That’s just cheap”
EP: “When I was doing this, I was leaving home at five thirty in the morning to guarantee that I was there and I wasn’t getting back until twelve or one in the morning. Now you can do that once or twice, you can do that for a while. But you’ve got to understand, the House of Commons runs like clockwork.”
Caroline Lucas: “So does the rest of the world, Eric.”
EP: “And I have never, ever claimed my full allowance. I have always claimed the amount –“
[jeers from audience]
EP: “Well I mean, I publish them. I’ve always published them on my website. They’ve always been there for people to see. I have always been accountable. And I can tell you, I think the things are going to come out in a week’s time. I think I’ve only claimed about sixty percent of the allowance, it might even be fifty five percent. But I’m a serious guy who will put in the hours. And I will work for those hours. But I can tell you this: it is no fun doing five thirty in the morning right the way through. You cannot be sat on a train thinking ‘am I going to make it? Am I not going to make it?’ That’s why I do it.”
Audience Member: “Do you think Fred Goodwin should give some of his pension back Eric?”
EP: “Yeah, I do.”
Audience Member: “Right - that’s because he’s behaved immorally, unreasonably perhaps. But he’s played within the rules! Don’t you think that’s a bit hypocritical?”
EP: “I had my flat – I bought my flat when we regularly sitting until two in the morning. I bought my flat when we did that. I bought that flat because it turned out –“
[Audience member: “sell it!”]
EP: “OK well I’ll sell it. Of course I could sell it. I am never going to be able to satisfy you folks, at all, because I am an MP and therefore guilty.”
- ENDS -
Labels: Maggot Pickles
Labels: Second Irish Referendum
Wednesday, August 13, 2003
Bad news for Brown It looks as though the new Governor of the Bank of England, might have got hold of the idea that he really is independent from the Treasury, which is certainly bad news for our incompetent Chancellor of the Exchequer Gordon Brown, but more probably and sooner rather than later, for the new Governor Mervyn King (The original link provided no longer works typical for many important references regarding Brown):- .... the new Governor of the Bank of England, yesterday criticised the Government's decision to impose a new inflation target in a move that threatens to open a split between the Bank and Treasury. He said it was "strange" to have an inflation target that did not include house prices and warned it could be seen as "moving the goalposts". Mr King also said the Government would miss its optimistic growth forecasts for the next three years, adding to a chorus of doubt over Gordon Brown's economic forecasts. Personally, however, and strictly as a non-economist, if I wanted to use a statistic showing price rises were no longer that severe a problem, which I assume is Brown's intent, then I think I would leave the property element in. The main criteria surely is consistency, without that the numbers cease to have meaning....just look at the make up of the Dow Jones, complete nonsense on any long term basis.posted by Martin at 8/13/2003 09:12:00 PM +++++ So why did Brown exclude housing costs from the target he provided the new Governor of the Bank of England for inflation and why in spite of his well publicised doubts did Mervyn King then accept the post. Only one conclusion is possible - Brown planned the hyperinflation of house prices to meet the otherwise over-optimistic growth targets mentioned in my posting. King presumably allowed ambition to overrule his instincts and common sense. House prices were already over-heated in 2003 which is why I would have included them in the index as they should have been expected to fall helping inflation. Brown had no such intent hence today's bankruptcy of the country! QED.
Labels: Gordon Brown
Rules originating within the UK cost £23.4billion but – in a sign of the growing power of Brussels – red tape drafted by the EU cost £53.3billion.
The most expensive measure was the working-time directive,
lays down a maximum 48-hour week. This has cost firms an estimated £17.8billion. Steps to reduce carbon emissions from company vehicles have added £10.4billion while the Data Protection Act has cost £8billion.
The 19 newest regulations – including forcing power firms to cut carbon emissions from homes – have landed businesses with a £1.75billion bill.
Eighteen regulations brought in since 1998 have saved businesses £1.4billion. These include making workplaces smoke free.
Those in the EU fantasy bubble have yet to realise that their national funding will soon and unavoidably vanish! What the consequences for them and many others is hard to guess but unnecessary costs at this level could never sensibly have been entertained let alone enacted!
Labels: EU Regulations
We pointed out yesterday that the uncovered gilt auction was troubling if not - yet - the end of the world.
The FT’s resident economics guru Chris Giles has a flabbergasting explanation of the scale of the debt the government is raising in the next two years: £350bn.
“That is more debt bequeathed to its successor than the total borrowed by successive rulers and governments of Britain between 1691 and 1997, the year Labour was elected.”
Now will the BBC, the other UK broadcasting media and the Conservative Party begin to put the message across to the British electorate????? A start could be made by screening the Dan Hannan Devalued Government three minute video IN FULL!!
Labels: Dan Hannan MEP.
John McDonnell (Hayes and Harlington) (Lab): On a point of order, Mr. Deputy Speaker. I wish to draw attention to the fact that when I left the sitting of Parliament on Friday and passed through Parliament square and into Birdcage walk, I was detained by the police on a stop and search on the basis of the use of anti-terrorism legislation. That follows on from what happened only a few weeks ago during our campaign against the third runway. One of our campaigners, who was simply taking photographs of the properties that will be demolished if the proposed third runway goes ahead, was also detained, stopped and searched under anti-terrorism legislation.
I make this point of order to draw attention to the fact that the use of that power is becoming random and affecting Members and our constituents in a way that I believe is in complete contradiction to the way in which we legislated, which was for the selective use of the powers to prevent terrorism rather than to harass MPs and the overall community.
Mr. Deputy Speaker (Sir Michael Lord): The hon. Gentleman will appreciate that that is not immediately a matter for the Chair, but his points are firmly on record and I am sure that Mr. Speaker will want to take note of them.23 Mar 2009 : Column 50 Different views on torture and the terrorist threat may be read in a letter to The Times by a group of Peers, linked here, and a site devoted to the terrorist threat called Contingency Today, linked here. Note the quote above from a member of the clearly now Fascist New Labour Party itself, elect mindless automatons and mindless fascist legislation is what you will surely get: "I make this point of order to draw attention to the fact that the use of that power is becoming random...in a way that I believe is in complete contradiction to the way in which we legislated, which was for the selective use of the powers to prevent terrorism rather than to harass MPs and the overall community." Parliamentarians are paid to consider the likely consequences of the laws they pass, not just to harangue and fiddle their expenses!
Labels: The Crash
Mirek Topolánek himself used to reassure Brussels journalists, when we asked him about the risk of having a leading Eurosceptic as president of the country that holds the EU presidency, that Klaus' powers are in fact limited. But this is not the case any more. Klaus might like to keep these powers as long as possible...
That's true. He will try to do that. He will, perhaps, appoint Topolánek again. But the question is whether Topolánek will be able to secure the support of the MPs who were against him yesterday. The truth is that the Lisbon Treaty is absolutely on ice. As the Lisbon Treaty has passed the Chamber of deputies and is now stuck in the Senate, the Senate holds the key, and also the president. The Senate is full of older MPs who are reluctant about the Lisbon Treaty. As for the influence of Klaus, it lies in the Senate, and the topic is the Lisbon Treaty.
Labels: President Klaus
Labels: Brown in Strasbourg
Labels: Teetering Tories
Labels: The Crash
Employment minister urged to consider repaying money claimed on home in Harrow East constituency occupied by his parents
Labels: Maggot McNulty
Have you used the internet, sent an email, made a phone call or sent a text message in the last week? Almost certainly. Did it seem any different? Probably not. But there has been one major change behind the scenes over the last week. For 15 March 2009 was the deadline for EU member states to implement EU Directive 2006/24/EC.
"What is that?" you say. This is the Directive concerned with the retention of communications data relating to Internet Access, Internet telephony and Internet e-mail. It is the EU charter agreed by member states to afford governments the right to scrutinise your electronic communications activity as a matter of routine. There is no need to go to court for a warrant to monitor details of the people you have been in contact with, this EU Directive makes it necessary for your service provider to log all your activity and hand over the full details when asked to do so.
"What about my rights?" you ask. After all, does the European Convention on Human Rights - which does so much to protect people who break our laws and undermine our safety - not safeguard us too and prevent the state from intruding in our private activities? Well as we know it is supposed to do that. But there is a convenient get-out clause which basically tosses our rights out of the window. You can see it explained early in the EU Directive itself in paragraph 9:
Under Article 8 of the European Convention for the Protection of Human Rights and Fundamental Freedoms (ECHR), everyone has the right to respect for his private life and his correspondence. Public authorities may interfere with the exercise of that right only in accordance with the law and where necessary in a democratic society, inter alia, in the interests of national security or public safety, for the prevention of disorder or crime, or for the protection of the rights and freedoms of others.
So there you have it. You have the right to a private life and the state can only interfere with that in accordance with the law or in the interest of national security and public safety. So the member states claim this is all about protecting us from a dangerous enemy, change the law and et voilà, they hand themselves the right to trample over our privacy and individual freedoms. Do not count on our Parliament to reject this measure, the EU has taken the power from us to determine laws of this kind. This is one small element of the infamous 70% of our laws and regulations handed down to us from Brussels/Strasbourg that we must implement.
Do you feel comfortable knowing that your visit to this blog to read this posting has been logged, and will be kept for at least one year, for government agencies to look up should they ever decide that you or I represent a threat of some kind? Or that the next phone call you make will be logged for checking should an agency decide you need investigating? Or that your SMS messages and emails this morning are all on record? More importantly, do you think it is right for the state to have such power to invade our privacy?
This is what passes for freedom and democracy in the United Kingdom in the year 2009.
published: 22.03.2009, 19:57 | updated: 22.03.2009 20:49:09
London - Czech President Vaclav Klaus believes that the Irish will be under "enormous, and not very democratic" pressure to ratify the Lisbon treaty, the British daily Sunday Times writes today.++++++++ "Enormous and not very democratic" - do those running this EU monstrosity really believe they can so impose this legalistic mish-mash of a Treaty that fulfills none of the requirements of the objectives laid down for the Laeken Convention? Let me put this forward again with another very real ingredient: "Enormous and not very democratic" - do those running this EU monstrosity really believe they can so impose this legalistic mish-mash of a Treaty that fulfills none of the requirements of the objectives laid down for the Laeken Convention, (particularly after destroying the streamlining of the Commission)? Now let us include some very present reality: "Enormous and not very democratic" - do those running this EU monstrosity really believe they can so impose this legalistic mish-mash of a Treaty that fulfills none of the requirements of the objectives laid down for the Laeken Convention, (particularly after destroying the streamlining of the Commission)and against the backdrop of the present economic meltdown? What will the name of President Barroso conjure for future generations of Europeans?
A LABOUR minister was at the centre of a new controversy over Commons expenses after he in effect admitted that he had been wrong to claim £60,000 of taxpayers’ money for a property that is his parents’ main home.
Tony McNulty, the employment minister, confronted over his expenses claims, said he would stop claiming the MPs’ second-home allowance, it was reported last night. McNulty and his wife, Christine Gilbert, the chief schools inspector, have a combined annual income of more than £300,000 and between them own two London homes worth £1.2m.
They live together in a house she owns just three miles from Westminster. However, McNulty has been claiming up to £14,000 a year in parliamentary expenses to help to pay for the second house, in his Harrow constituency, where his parents live. The property is just 12 miles from the Commons.
Labels: Second Irish Referendum