Monday, May 10, 2010

Bankrupting Europe

The almost "One Trillion US Dollar" support package (using funds which do not exist) for the euro currency is best described by the New York Times is linked here. Unhappily we now can no longer rely on reports put out by our own media. Similarly, expressing the package in either euro or sterling currency terms would be equally pointless and meaningless! In spite of the failure to block the smaller aid package to Greece in the German Constitutional Court, read here, the result of this weekend's election in Germany proves that eventually the people of the EU will have to be heard. We do not want centralized non-democratic multinational government nor will we allow our remaining assets to be squandered in such a cause



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