"A Paine in the EU " from the USA

An interesting item on Declan Ganley from the USA is linked from here. Note the harrowing comment from Damian Hockney about immunity from prosecution for the EU's enforcers.

UBS mortgage losses in USA reach 19 billion dollars

The announcement from the Swiss Bank in its first quarter results was as follows: Positions related to US mortgage market * In line with 1 April pre-announcement, fixed income, currencies and commodities (FICC) businesses impacted by losses of around USD 19 billion on US real estate and certain structured credit positions ­ risk positions decreased through disposals and writedowns The Swiss Central Bank sees its primary purpose as maintaining confidence in the country's currency. Does the Bank of England? I have lost count of the times I have heard UK media reports on the credit crunch, that began last August, stating that the problem is that there is lack of transparency in the market or that the banks are reluctant to reveal the extent of their exposures. The Authorities job is to prevent such obfuscation and thereby restore confidence, why does this only appear to be happening with Swiss Banks? I partly blame the influence of the EU in this disastrous climate of deceit. Transparency is difficult for the ECB as it lacks the sovereignty to become a lender of last resort. Today we will be getting an update on the disaster at the Airbus parent, the malign influence of the EU was again at work last evening with the Scottish Labour Party's leader backing an early referendum on independence, read here. The potential break-up of Belgium and now the destruction of the UK are only made possible by the belief in the Euro currency and sustainability of the EU. We must hope the growing crisis for the West's economic model will now bring an early end to the EU as it is presently so corruptly constructed! A British referendum on the Lisbon Treaty, as promised by Gordon Brown's governing party, could be a first step to restoring an iota of his credibility and concurrently act as a prompt for complete and proper EU reform.

Foreign Office Lies over Negotiating the EU Reform Treaty

Read my archive blogs over the late summer and into the autumn for last year and again and again you will encounter Foreign Office Ministers denying there had been any negotiations of the EU Treaty before the June summit, even sometimes scoffing at the known existence of the "sherpas". (An example is linked here). Now read this report on the Treaty from Europolitics in pdf format from this link especially pages 38 and 39 titled: "Tales from inside a blue submarine ....." by Nicolas Gros-Verhyde The article concludes as follows: =================================================== The summit on the 18 and 19 October was therefore dominated by the final adjustments (an extra advocate-general for the other member states) and the Italian question (an extra MEP). Agreement was reached at 2:30 in the morning. “Never before has an ICG managed to finalise a text in five months”. The experts can breathe again. Their work is finished … for the time being. (Note: this article has been compiled based on a series of interviews with lawyers and diplomats from different member states and EU institutions between June and October 2007) ====================================== This provides proof positive that ministers have been consistently lying to Parliament and its select committees for months. Five months before mid-October brings us to mid-May when the Foreign Office repeatedly flatly denied ANY negotiations were underway as has been re-asserted by the present Secretary of State at the Foreign and Commonwealth Office, David Miliband, MP. Look again at the entire document and immediately perceive the huge transfer of power, all obtained by a massive cospiracy designed to deprive Europe's citizens of their democracies and parliamentary representation. To achieve what? As Marta Andeasen pointed out on Radio 4 this morning (linked from the posting below) it all has to be, especially the convenient blackening of MEPs, so that the structural account mismanagement amounting apparently to one hundred and twenty billion euros a year can conveniently continue.