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Franco-German call for 'true euro economic governance'

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posted on Aug, 17 2011 @ 05:20 AM
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Franco-German call for 'true euro economic governance'


www.bbc.co.uk

The French and German leaders have called for "true economic governance" for the eurozone in response to the euro debt crisis.

Speaking at a joint news conference, German Chancellor Angela Merkel and French President Nicolas Sarkozy urged much closer economic and fiscal policy in the eurozone.
(visit the link for the full news article)


Related News Links:
www.dagbladet.no

Related AboveTopSecret.com Discussion Threads:
Main EU leaders call for United States of Europe..




posted on Aug, 17 2011 @ 05:20 AM
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More power to the elite members of society, hurray! Welll, I suspect it won't be too much to be happy about, but I'm sure the future will tell. I'm sure it comes to no surprise to some of you that George Soros is a proponent for this idea as well as the italian finance minister, and we all know Italy isn't corrupt in any way.

The two claim that the new idea will work as "a way of providing cheap financing to struggling governments while also incentivising them to put their finances in order." Well, the financial crisis sure was a nice excuse to get this going.

It's nothing new that this has been spoken of before, but now it's officially under way. The new euro-government will function from the summer in 2012.

www.bbc.co.uk
(visit the link for the full news article)



posted on Aug, 17 2011 @ 05:38 AM
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Think they've been playing what would Hitler do

Lines-Sorry



posted on Aug, 17 2011 @ 05:52 AM
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Time after time the people are asked to sacrifice. Time after time the bankers get record bonuses.

How can this be? On consideration, perhaps its not that much of a puzzle. After all, so many of the most downtrodden are willing to argue, passionately and eloquently, for the expansion of the elite's rights and wealth, and the restriction of their own.

Just watch. They'll be along in this thread shortly now.



posted on Aug, 17 2011 @ 05:54 AM
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remember this...?

www.domasjefferson.com...

"To solve the mounting crisis, European government is proposing a massive power grab as part of a long-range plan to save the Union. If the plan is approved, the EU government will set the rules in the future and police itself and any nation, which breaches the rules or disagrees with the draconian measures implemented by the EU, will have their voting rights withdrawn. As one European Bilderberg openly admitted, “What we are heading towards a form of real economic government.”


I have a good memory.


edit on 17-8-2011 by JennaDarling because: (no reason given)



posted on Aug, 17 2011 @ 05:59 AM
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as i understand it soros is all for the eurobond as a debt control mechanism
whereas merkel and sarkosy are frowning on it.

i suspect economic and fiscal governance is an attempt to bring in political parity.
the citizens have not been consulted as to an all powerful president with political union.
without the blessing from the populations to this it will only make
the situation worse with regards to further regulation and increased taxation, the latter
being inevitable.
f



posted on Aug, 17 2011 @ 06:01 AM
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Originally posted by fakedirt
as i understand it soros is all for the eurobond as a debt control mechanism
whereas merkel and sarkosy are frowning on it.

i suspect economic and fiscal governance is an attempt to bring in political parity.
the citizens have not been consulted as to an all powerful president with political union.
without the blessing from the populations to this it will only make
the situation worse with regards to further regulation and increased taxation, the latter
being inevitable.
f

Funny how Americans and British seem to find it unfair they have to contribute to society in taxes.

They have no idea what high taxes are. Go to Northern European countries, you know, the ones that you don't see financially failing as much in the international news.

I see it every day, Americans flee from Europe once their reduced tax 3 years is up, British moan when the tax went to 20% from 17.5%, alot in europe would LOVE to pay 20% lol they currently pay 25%, and 50% in income tax.

British problems are not caused by Europe, they are caused by YOUR OWN INEPT GOVERNMENT.

Leaving Europe won't change your own government to change, in anything it will get WORSE.
Leaving Europe won't stop you being war mongers and a patsy of America, if anything it will get WORSE as you will have to depend MORE on America.
Leaving Europe won't stop your government being a police state, it wil get WORSE, in fact Europe has warned the UK government MANY times about its abuse of privacy rights or lack of rights, been in the EU courts many times, been in many newspapers.
Leaving Europe won't help your economy in the long term, in fact lots of small businesses will close as their own local markets DRIED UP and Europe saved them and infact made many small businesses expand.
Leaving Europe won't help your employment, infact nobody wants to do those dirty jobs immegrants do and local companies need.
Let's not forget Europe is not just the Eurozone it is also the EEA, you will still need to align your laws while in the EEA and not a full member, and to do trade from outside the EEA, you will be hit HARD on tarrifs.

edit on 17-8-2011 by JennaDarling because: (no reason given)



posted on Aug, 17 2011 @ 06:10 AM
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Originally posted by JennaDarling

Originally posted by fakedirt
as i understand it soros is all for the eurobond as a debt control mechanism
whereas merkel and sarkosy are frowning on it.

i suspect economic and fiscal governance is an attempt to bring in political parity.
the citizens have not been consulted as to an all powerful president with political union.
without the blessing from the populations to this it will only make
the situation worse with regards to further regulation and increased taxation, the latter
being inevitable.
f

Funny how Americans and British seem to find it unfair they have to contribute to society in taxes.

They have no idea what high taxes are. Go to Northern European countries, you know, the ones that you don't see financially failing as much in the international news.

I see it every day, Americans flee from Europe once their reduced tax 3 years is up, British moan when the tax went to 20% from 17.5%, alot in europe would LOVE to pay 20% lol they currently pay 25%, and 50% in income tax.

British problems are not caused by Europe, they are caused by YOUR OWN INEPT GOVERNMENT.

Leaving Europe won't change your own government to change, in anything it will get WORSE.
Leaving Europe won't stop you being war mongers and a patsy of America, if anything it will get WORSE as you will have to depend MORE on America.
Leaving Europe won't stop your government being a police state, it wil get WORSE, in fact Europe has warned the UK government MANY times about its abuse of privacy rights or lack of rights, been in the EU courts many times, been in many newspapers.
Leaving Europe won't help your economy in the long term, in fact lots of small businesses will close as their own local markets DRIED UP and Europe saved them and infact made many small businesses expand.




edit on 17-8-2011 by JennaDarling because: (no reason given)


Leave the Americans and Britons alone. Enjoy hyperinflation and your future tyrannical European government.
edit on 17-8-2011 by 547000 because: (no reason given)



posted on Aug, 17 2011 @ 06:11 AM
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Originally posted by 547000

Originally posted by JennaDarling

Originally posted by fakedirt
as i understand it soros is all for the eurobond as a debt control mechanism
whereas merkel and sarkosy are frowning on it.

i suspect economic and fiscal governance is an attempt to bring in political parity.
the citizens have not been consulted as to an all powerful president with political union.
without the blessing from the populations to this it will only make
the situation worse with regards to further regulation and increased taxation, the latter
being inevitable.
f

Funny how Americans and British seem to find it unfair they have to contribute to society in taxes.

They have no idea what high taxes are. Go to Northern European countries, you know, the ones that you don't see financially failing as much in the international news.

I see it every day, Americans flee from Europe once their reduced tax 3 years is up, British moan when the tax went to 20% from 17.5%, alot in europe would LOVE to pay 20% lol they currently pay 25%, and 50% in income tax.

British problems are not caused by Europe, they are caused by YOUR OWN INEPT GOVERNMENT.

Leaving Europe won't change your own government to change, in anything it will get WORSE.
Leaving Europe won't stop you being war mongers and a patsy of America, if anything it will get WORSE as you will have to depend MORE on America.
Leaving Europe won't stop your government being a police state, it wil get WORSE, in fact Europe has warned the UK government MANY times about its abuse of privacy rights or lack of rights, been in the EU courts many times, been in many newspapers.
Leaving Europe won't help your economy in the long term, in fact lots of small businesses will close as their own local markets DRIED UP and Europe saved them and infact made many small businesses expand.




edit on 17-8-2011 by JennaDarling because: (no reason given)


Leave the Americans and Briton alone. Enjoy hyperinflation and your future tyrannical government.


Tyrannical government? Oh don't make me laugh, the UK is one of the most tyraniccal governments in EUROPE.



posted on Aug, 17 2011 @ 06:14 AM
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Originally posted by JennaDarling
remember this...?

www.domasjefferson.com...

"To solve the mounting crisis, European government is proposing a massive power grab as part of a long-range plan to save the Union. If the plan is approved, the EU government will set the rules in the future and police itself and any nation, which breaches the rules or disagrees with the draconian measures implemented by the EU, will have their voting rights withdrawn. As one European Bilderberg openly admitted, “What we are heading towards a form of real economic government.”


I have a good memory.



I like that.

Especially in counterpoint with the following:



...it may seem counterintuitive to argue that the very unsettled nature of the international system generates a unique opportunity for creative diplomacy....Every country will have to reassess its own contribution to the prevailing crisis...each will be obliged to face the reality that its dilemmas can be mastered only by common action..An international order will emerge if a system of compatible priorities comes into being...The alternative to a new international order is chaos.

Source:
International Herald Tribune, "The chance for a new world order” by Henry A. Kissinger



posted on Aug, 17 2011 @ 06:32 AM
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reply to post by silent thunder
 


Makes sense in contrast to the OP. As far as I know, as long as the specific country is a member of the EU or the EEA, the EU has had a reasonably good control over that country in political and economical regulations. Now it seems they've got a reasonably good excuse, materializing in the financial collapse and potential collapses of certain countries, to push a plan like this forward and gain even more control.



posted on Aug, 17 2011 @ 07:27 AM
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reply to post by JennaDarling
 


i pay taxes like most people in the uk. the issue here i feel is the fact that with energy,food,insurance and just about everything else going up in price, more financial layers and regulation will push many citizens to the brink.
i like europe, however i am uncomfortable as are many with the lack of consultation of the citizens to greater political,economic and monetary unity. this is the issue not what you describe as moaning about how much tax we pay. how about the corruption that is supressed from the public? sign in and sod off to name one. what about the unelected officials making decisions on our behalf? how about the great olive oil scam or the set aside scandal where big business received millions if not more for leaving land alone for periods of time only to be caught out growing on it? i am sure if you google you shall receive.
f



posted on Aug, 17 2011 @ 08:03 AM
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Then what is keeping England from leaving the EU?
There are so much video's about englisch politicians talking deeply negative towards the EU and the euro, but England does not have the euro as currency and it has its own monetary policy.
So just leave and go on your own way, i really do not understand this.



posted on Aug, 18 2011 @ 05:18 AM
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due to the lack of response it seems some european members are quite comfortable with the corruption and railroading on consultation.

regarding entry into the euro. the house of lords recently debated a bill leaving the door open to possibly join the euro at a later date. it was also discussed as to whether the consideration be put to the populus. previous politicians have resisted referendums whilst pledging a say during election campaigns.

if it is the case that brussels wishes to adjust member states policies for the greater integration proposal, these
issues must be put to the public. transparency on the implications of political integration is essential. to deny the public any say whatsoever will lead to further suspicion and hostility towards what many have stated to me is just another right wing elite club scooping all the wealth whilst happily imposing austerity measures on the left wing socialist leaders of member states.

the debt we the uk have. are we asking for a bail-out from the zone or the ecb? i don't think so.
does the contribution we give to the eu budget diminish or enhance our standing whilst avoiding entry to the euro?

i would appreciate replies from the members who i have construed as having negative opinions towards the uk. lets not deflect this into moaning about taxes or leaving the union because of non-adoption of the single currency.
f



posted on Aug, 18 2011 @ 06:51 AM
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reply to post by JennaDarling
 


I don't think you understand what tyranny is. Almost everything is regulated in Europe. They're even banning the consumption of naturopathic medicine. Don't you see the relative lack of freedom you're setting for youself? In the name of safety you're handing unchecked power to politicians.



posted on Aug, 18 2011 @ 07:32 AM
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The reason why the UK does not ask for a bailout is because it can print its own money which it is doing just like the Bernank in the USA. Lower incomes, higher prises.

Thats the difference between a monetary union and no ability to print which means spending cuts, or having one's own monetary policy and currency which can be devaluated.



"The evidence suggests that QE cash ends up overwhelmingly in profits, thereby exacerbating already extreme income inequality and the consequent social tensions that arise from it," Joshi says in a new report.



He points out that real wages – adjusted for inflation – have fallen in both the US and UK, where QE has been a key tool for boosting growth. In Germany, meanwhile, where there has been no quantitative easing, real wages have risen.



www.zerohedge.com...

We are well arware of the implications that comes with more integration like a fiscal policy for example, it means loss of sovereignty, but that allready happened when we got the euro, now it is all about implementing a financial governance and eurobonds.
For the northern country's it will mean higher costs, for the southern a relieve in costs.

If you really want to find transfer of wealth, try QE and for fraud i recomend this article.

www.rollingstone.com...



posted on Aug, 18 2011 @ 10:10 AM
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reply to post by earthling42
 


you make a good point. i overlooked the dog eating it's own vomit measure (qe). perhaps the member states locked into the euro will fare better in the long term compared to those (uk and usa) who have the option of injecting finance back into the system.
f
btw thanks for the links.
edit on 18-8-2011 by fakedirt because: btw




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