Friday, January 27, 2012

While they dine in Davos several EU countries fall apart!

Italy is variously described in its press today as paralysed, split in two and subject to a pitchfork revolution. Ten days of petrol station stoppages will follow the virtual general strike of public transport taking place today.

Greece of course is in a similar situation. Portugal is following and Ireland whose future generations have been placed in massive debt for decades ahead is suffering a large exodus of skilled workers.

This is the real EU, by which tranquil, prosperous and democratic Switzerland is surrounded, in which lies Davos, all very happily well outside the EU.

The picture of the EU appointed Ruler of Italy below is in La Repubblica, linked here and the striking image is from ansa.

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Thursday, January 26, 2012

FTT Madness - Cameron in Davos

Early video of Cameron's blistering attack against the FTT is below. As more of his speech is available it will be posted on this blog:





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Unions begin to protest the Fiscal Compact Treaty

EurActiv has a report on a protest in Brussels yesterday which is linked from here.

The significance is that on the one hand the measures are being visibly watered down to provide the same avoidance procedures as was successfully accomplished by France and Germany with the original Growth and Stability Pact, while on the streets, resistance is mounting (particularly in Greece with health sector protests).

The causes of all this misery meeting in Davos are particularly sickening this year. One such,the CEO of Citigroup, Vikram Pandit's words this morning on Bloomberg, to defend what the EU was about and his talk of the work upon and progress of the fiscal compact provided a welcome moment of hysteria inducing relief. A text report of the TV interview is here.

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Wednesday, January 25, 2012

A "Davos Avalanche" is worth pondering!

There has been a week of snow in Davos ahead of the meeting of the World Economic Forum. Public Trust of those gathering must be at an all time low, therefore it is worth pondering on what thes people's replacements might decide to do, were there to be huge avalanches, at the high point of the meeting, burying the lot of them!

You can bet your life it would be far different from what will actually emerge. The main problem facing the world, is that those who caused this mess are still the ones in charge and they dare not begin to give a glimpse of the extent to which they have been completely and utterly wrong!

Update: 0955 GMT  25/1/12 Study this and begin to understand why their brains appear to have ceased to function properly!

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Thursday, January 27, 2011

Sarkozy at Davos - Euro break-up UNTHINKABLE!