Sunday, February 19, 2012

Schäuble to decide who earns "what" across the entirety of Europe!

I imagine many will read the above headline and assume this blogger has finally gone completely OTT in his suspicions of the motives of those involved in the demented EU Project.

Not So! I have a direct quote put out by the state broadcaster of the German Government, of which Wolfgang Schäuble is Finance Minister, linked here, with the following in its penultimate paragraph:

"The Greek minimum wage is being lowered to roughly Spain's level," he said. "What's more, what should people in Eastern European or Baltic European countries think - when their minimum wages are still considerably lower and yet they are playing a part in supporting Greece?"

Note especially the way the statement has been phrased, no sugestion of mutual agreement, negotiation, nor even that other parties may have had some input into what is now occurring! Just the blunt cold clear fact "The Greek minimum wage IS BEING LOWERED..."

Had we not all hoped that Europe had been rid of this kind of arrogance. Was that not the supposed intention behind the EU for which 27 nations have sacrificed their democracies?

"We're All Greeks Now"

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Saturday, November 19, 2011

“We can only achieve a political union if we have a crisis,” Mr. Schäuble said.

Proof positive that the present EU crisis has been deliberately created to force European Union through under German control. The sentence concludes an article in the New York Times, linked here. I repeat it herewith so the full horrific impact cannot possibly be missed:

"He sees the turmoil as not an obstacle but a necessity. “We can only achieve a political union if we have a crisis,” Mr. Schäuble said."

A version of this article appeared in print on November 19, 2011, on page A6 of the New York edition with the headline: Seeing in Crisis the Last Best Chance to Unite Europe

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Tuesday, July 05, 2011

German Finance Minister defends Treaties Busting Bail Outs

The Irish Times has a good report in English of the likely EU shattering events of this morning in the German Constitutional Court, a quote:

The plaintiffs argue that multi-billion euro aid packages for Greece and other euro zone strugglers are incompatible with EU treaties and could end up turning the EU into a financial "transfer union" from richer to poorer states.


"Rescuing the euro by destroying the fundamental norms of the currency's constitution is like repairing water damage by blowing up the building," said Dietrich Murswiek, lawyer for one of the plaintiffs, Peter Gauweiler of the Christian Social Union, a conservative Bavarian party in Dr Merkel's coalition.

Together with the International Monetary Fund, the EU has since last year approved bailout packages for Greece, Ireland and Portugal totalling €273 billion. A second bailout of Greece is under discussion after the first one turned out to be insufficient.

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Monday, November 08, 2010

Germany hides behind Euro while imposing austerity elsewhere!

The opening questions and the replies from an interview in Der Spiegel, with German Finance Minister Wolfgang Schäuble, published this morning, linked here, are quoted below: SPIEGEL:Minister Schäuble, how well do you get along with your American counterpart, Treasury Secretary Timothy Geithner? Schäuble:Mr. Geithner is an excellent minister. We have a good personal relationship. SPIEGEL: Nevertheless, he constantly criticizes government officials in countries that are achieving high export surpluses and not doing enough to stimulate their domestic economies. He's referring to you, isn't he? Schäuble: It would appear that way. That's why I tell him again and again that I think his point of view is incorrect in this regard. SPIEGEL: All the same, the value of goods Germany sold to the United States exceeded imports from that country by almost €14 billion ($19.8 billion) last year. Can't you understand that the American treasury secretary is concerned about this? Schäuble: No, because since we introduced the euro in Europe, the determining factor is no longer US trade with Germany, but US trade with the totality of countries in the euro zone. And in that respect the balance of trade tends to be even. So what's the problem? After all, we don't complain about the export successes of individual American states.

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