Bush hands over reigns of US economy to EU, page 1

Bush hands over reigns of US economy to EU

www.newsmax.com

Bush Hands Over Reins of U.S. Economy to EU

Wednesday, November 19, 2008 2:28 PM

By: Dick Morris & Eileen McGann Article Font Size




The results of the G-20 economic summit amount to nothing less than the seamless integration of the United States into the European economy.


In one month of legislation and one diplomatic meeting, the United States has unilaterally abdicated all the gains for the concept of free markets won by the Reagan administration and surrendered, in total, to the Western European model of socialism, stagnation, and excessive government regulation.


Sovereignty is out the window. Without a vote, we are suddenly members of the European Union. Given the dismal record of those nations at creating jobs and sustaining growth, merging with the Europeans is like a partnership with death.


At the G-20 meeting, Bush agreed to subject the Securities and Exchange Commission (SEC) and our other regulatory agencies to the supervision of a global entity that would critique its regulatory standards and demand changes if it felt they were necessary. Bush agreed to create a College of Supervisors.

(visit the link for the full news article)

While I understand this is an editorial piece, if true the implications are astounding. Bye Bye free market, hello to an economy based in Europa agenda. The article goes on to say the US will be further scrytinized by the European controlled IMF, stating they would do "regular vigorous reviews". It also states The Euro dominated college of supervisors would weigh in on issues. It also vaguley describes the method Sarkozy and the EU got this through.

I have been watching over the last few years how Europe has slowly and systematicly aquired more and more power through "diplomacy". If this article holds its weight, then it appears even the US are now in EU clutches. I as well as many others have oft said that by design Europe was to be the central hub of power in global governance. This appears to be a big movement in that direction. Combine this with the power the US has given Europe over military operations through EULEX missions,(which I have already posted a thread about) and the bigger picture begins to paint itself.

www.newsmax.com
(visit the link for the full news article)

reply to post by Dermo

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All I can say is who would have thought it would be Drunken Leprechauns who would bring sanity to insane articles?

reply to post by jdl79

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Hang on a minute: who got us into this mess to begin with exactly?

The Bush admin, and their precious Neocon, free market philosophy, that's who.

It's no suprise after the damning failure that has now come home to roost that the Bush admin. have to admit defeat. As I see it, they have little option other than to persue other ideas that are far less damaging to world economies...

Business as usual is not an alternative any more.

J.

[edit on 20-11-2008 by jimbo999]

reply to post by sadisticwoman

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Where did I say this was fact? I seem to recall writing "If true", as in the matter is still questionable. As far as my concern over the amount of power the EU has achieved, their methods in doing so have not exactly been on the level. An example would be how they froze assets of Iceland, blocked relief efforts by other countries, leaving Iceland with no choice but to join their club. Europe has gone from being a little of nothing organization of countries, to an immerging power jockeying for control. They have even failed to abide by their own rules in doing so.

The Libson Treaty is a good example of this. A constitution for the bloc was supposed to be something all members agreed on, and if members failed to do so the document was supposed to be considered dead. Instead when Ireland (the only country in which the people actually voted on the Libson) voted no, the politicians "representing" the bloc continued to push the document through and have since forced Ireland to opt out of use of the defense program, as well as shutting down much of the funding Ireland received from the Union. Effectively leaving them to fend for them selves, all while not having the resources they had before joining the union. Now there is talk of "allowing" the Irish a chance to "get it right".

The EULEX mission to Kosovo is another good example of how they are pushing another country to accept their ideal way of life in order to consume yet another sovereign nation into the bloc. All while using US funds and military to do so. Add to that the Union for the Mediterranean, which is another Euro attempt to get all countries in that region to conform. I believe these should be enough sufficient examples that demonstrate a power grab. So to think the US, especially in our current circumstances, could be exempt from this type of manuever is laughable at best. Lets not forget it was Sarkozy, Barroso, and other EU officials who pushed Bush for the G20 summit in the first place. Many of whom claimed they wished to see a new global economic order come out of it. With their track record it is not a huge jump to think they would want to be the central command of this order.

Bush is a lame duck right now, he can not give away to the WTO the sovereignty of the nation without the america citizens giving away the constitution.

He can say anything he wants but he needs approval from congress.

The new President Obama already has voiced that NAFTA and the WTO needs to be scrutinized because they are a danger to America.

During his nearly two year bid for the Democratic ticket, Obama’s vociferous opposition to the WTO, NAFTA and similar trade regimes alarmed many foreign policymakers. There is a significant global fear that an Obama administration would be protectionist and pro-labor, as opposed to the “liberal” and pro-trade administrations of Presidents Reagan, H.W. Bush, Clinton and W. Bush.

www.economyincrisis.org...

Originally posted by Hugues de Payens
Actually, I would imagine anyone who is used to the freedoms we enjoy in the US would DESPISE being told what to do by anyone, especially by an EU socialist.

Gimme a break buddy, I have more """"""freedoms"""""" than you.

EU countries > Ireland, UK, Denmark, Luxembourg and even former soviet union estonia had more economic freedoms than the US EVEN BACK IN 2005. Sorry to burst your little bubble there friend.. I know that one probably stung like sh*t.

Click

Not to mention all the rest of that crap that you lot are so proud of.. better standard of living, more journalistic freedom etc. Guess what.. we beat you again.. but guess what else.. we don't care.. it doesn't matter to us and we don't see a point in bragging about it every time we run into someone from another country.

I understand USAicans like to be """Patriotic""" and all that but don't be so Brianwashed..

The cold war is over im afraid..

Stop buying into the 'terror' propaganda - it lumps the rest of the world into the category of the innocent unfortunate muslims that your country is slaughtering.. so much so that the lines of reality seems to be blurred with you.

I don't live in a socialist country.. but get this.. you live in a fascist one.

Also, I have no need for the lesson in bullsh@t so give it a rest... no need to be so pedantic, sarcastic and condescending because it rubs of on people

I am not a fan of a globalized governance but I am a fan of regulation of what the US is doing to the world.

And what may I ask is that?

Raping it.

Gimme a break buddy, I have more """"""freedoms"""""" than you.

EU countries > Ireland, UK, Denmark, Luxembourg and even former soviet union estonia had more economic freedoms than the US EVEN BACK IN 2005. Sorry to burst your little bubble there friend.. I know that one probably stung like sh*t.

Click

Not to mention all the rest of that crap that you lot are so proud of.. better standard of living, more journalistic freedom etc. Guess what.. we beat you again.. but guess what else.. we don't care.. it doesn't matter to us and we don't see a point in bragging about it every time we run into someone from another country.

I understand USAicans like to be """Patriotic""" and all that but don't be so Brianwashed..

The cold war is over im afraid..

Stop buying into the 'terror' propaganda - it lumps the rest of the world into the category of the innocent unfortunate muslims that your country is slaughtering.. so much so that the lines of reality seems to be blurred with you.

I don't live in a socialist country.. but get this.. you live in a fascist one.

Also, I have no need for the lesson in bullsh@t so give it a rest... no need to be so pedantic, sarcastic and condescending because it rubs of on people

Wow...and you are lecturing me on being pedantic, sarcastic and condescending? That's laughable, pal, but nice try. You may need to look in the mirror.

I will never claim to be so arrogant as to presume to lecture anyone, you obviously, though, have no issue with it.

Regardless of what you may have read or heard on this site or any other, I have no less freedoms today than 10, 15, or 20 years ago.

I'm not "brainwashed" as you say. I feel no compulsion to justify anything to you, but I will say this; I follow no party line. I read A LOT, from many sources left, right, and center, and make an effort to base my conclusions objectively.

As for the economic freedom in the countries of Ireland, UK, Denmark, Luxembourg and the former Soviet Republic of Estonia, I'm actually very happy for you all. So no...no sting, no jolt to the head, no kick in the nuts...nothing. I hope you all continue to live free and well! That was the goal of winning the cold war after all.

As for your "terror" propaganda statement...you have no idea what may be my thoughts and beliefs, so how can YOU be so presumptuous as to lecture me about lumping people. You are the one making assumptions and lumping based on one statement I made in a reply to your post. I understand what a Patriot is, pal, and it does NOT mean being a sheeple. So before YOU start lumping me in with what you perceive to be "fascism" in my nation, you need to know me as an individual before YOU start generalizing and stereotyping.

Good day to you, sir.

reply to post by Dermo

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you are correct about the UK and Iceland. However I don't believe it was neccesarily Brown or anyone else in the UK who conceived the idea. I happen to believe the UK was the country with the power to do so, so they pulled the trigger. I believe we are currently seeing why it was done, as far as Iceland joining the bloc. I feel for you guys in Ireland, as your country spoke up rather loudly with the Libson referendum and now your getting your arms twisted. I just hope if you guys vote no again, they don't use it as an excuse to start flexing some of the less desirable parts of the ENP.

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