Hilarious article from EurActiv -"Economists say Euro crisis may not be over"!

The link to the side-splitting rubbish from the EU fanatical EurActiv, just dropped in to my inbox is linked here.

US House and Senate plan to block IMF funding for the EU

EurActiv carries a long report on moves in the US, blaming them on the Republicans, and breaking their own apparent self-imposed silence on the growing EU fiasco while ignoring Time Geitner's and President Obama's curt rejection of joining in the new bilateral IMF loan programme. Indeed such rejection is ignored and EurActiv chooses instead to report the following:

As part of their deal to combat debt and save the euro, EU leaders committed to bolster the IMF’s lending authority with loans of up to €200 billion that would be available to struggling European governments. Both the IMF and White House welcomed the move but the details about commitments from both eurozone and non-eurozone members remain unclear

More detailed and less simplistic reporting on unfolding US events may be found in The Hill, linked here. That report also includes the quote from Obama that I originally wished to include with this posting, but had trouble locating, which was the following:

“Look, Europe is wealthy enough that there’s no reason why they can’t solve this problem,” President Obama said at a Dec. 8 press conference. “It’s not as if we’re talking about some impoverished country that doesn’t have any resources.”

Difficult to descibe that reaction as welcoming the request for more cash, as EurActiv has done, is it not?

My comment to the Euractiv Titanic article.

I submitted this comment to EurActiv at the foot of their Titanic article, linked here, with some extra editing and a link to the Europa passage by the father of modern journalism (Murdoch employees take not) W.T. Stead.

WT Stead in Europa 1899 wrote - "The Federation of Europe at the present moment is like an embryo in the later stages of gestation. It is not yet ready to be born. But it has quickened with conscious life, and already the Continent feels the approaching travail.

It has been a slow process. The great births of Time need great preparations. Under the foundations of the Cathedral of St. Isaac at St. Petersburg a whole forest of timber was sunk in piles before a basis strong enough for the mighty dome could be secured. The Federation of Europe is a temple far vaster than any pile of masonry put together by the hands of man. In the morass of the past its foundations have been reared, not upon the spoils of the forest, but upon generation of living men who have gone down into the void from red battlefield and pest-smitten camp and leaguered city in order that upon their bones the Destinies might lay the first courses of the new State. Carlyle's famous illustration of the Russian regiment at the siege of Zeidnitz, which was deliberately marched into the fosse in order that those followed after might march to victory over a pavement of human heads, represents only too faithfully the material on which these great world fabrics are reared."

We must view the present EU as a necessary learning experience and sacrifice it in pursuit of something more truly worthwhile. Only by a completely fresh start can there be any hope for Europe and the values of the West, the original concept of which the present construct was intended to promote.

EU Federalist websites twig Finnish danger to the EFSF

Well better late than never. Two websites with supposed insider knowledge of the EU and its workings have finally cottoned on to the facts that this blog has been pointing out since last Saturday, namely that the Portuguese bail out is doomed unless Finland's Parliament is trashed as has been that of Greece, Ireland and Portugal.

Read European Voice's report of today from here and EurActiv, also posted today, from here.

As has been the case down the years, those wishing to know what is really happening in the EU, need only regularly read this blog, Ironies Too!