National governments' mismanagement and public tolerance for it come with a price.
And so does the much touted membership in the European Union.
From our perspective the EU reveals itself as a continental-wide scam to loot southern Europe's public treasures, to destroy national democracies, to wreck their traditional social systems, to disempower individuals while empowering Germany as a European leader, while further enriching fraudulent international financial institutions.
The European Union has destroyed old democracies by imposing an unelected bureaucracy in Brussels to dictate norms and rules for people who used to govern themselves at the local and national levels.
European Union advocates seduced the population with overblown promises of prosperity. Today the people of southern Europe have been politically disempowered and pauperized.
As countries joined or attempted to join the EU, international financial corporations moved in to perpetrate their part of the scam by using incompetent or corrupt local public officials in high places to enslave cities and countries into debt - particularly those in southern Europe.
The European Union has destroyed old democracies by imposing an unelected bureaucracy in Brussels to dictate norms and rules for people who used to govern themselves at the local and national levels.
European Union advocates seduced the population with overblown promises of prosperity. Today the people of southern Europe have been politically disempowered and pauperized.
As countries joined or attempted to join the EU, international financial corporations moved in to perpetrate their part of the scam by using incompetent or corrupt local public officials in high places to enslave cities and countries into debt - particularly those in southern Europe.
The European Union has also allowed the formerly disgraced Germany to take up the helm of Europe once again - without having to fire a single shot.
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DAILY MAIL - A haunted fortress, a cardinal’s palace and an island in the Venetian lagoon are among 50 sites for sale.
The move recalls 2012, when Greece was forced to sell off some its beautiful islands to foreign buyers, to chip away at its enormous debts.
It was approved as part of an emergency decree aimed at keeping Italy’s 2013 budget deficit within 3 per cent to avoid corrective action by Brussels.
Meanwhile, Prime Minister Enrico Letta is planning a further £1billion of austerity measures.
RELATED
2012 - How Greece was force to sell its treasures, including whole islands, to pay for its debt
2011 - The big fat Greek sell off
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2011 - EURO benefits Germany more than others in the European zone. Since the introduction of the euro at the beginning of 1999, the European Central Bank calculates that Germany has gained competitiveness, not only against other major industrial nations but against all other members of the euro zone.
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2013 Billions lost to fraud in European Union projects
http://www.dailymail.co.uk/news/article-2310591/EU-budget-fraud-4BILLION-12-times-higher-previous-figure.html
2013 - Commentary - How the European Union destroys democracy
http://synonblog.dailymail.co.uk/2013/03/the-new-soviet-union-cyprus-shows-how-the-eu-destroys-democracy.html
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Read more - http://www.zerohedge.com/news/2013-06-26/italy-embroiled-latest-derivative-loss-fiasco-through-another-mario-draghi-headed-sc
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2013 - Commentary - How the European Union destroys democracy
http://synonblog.dailymail.co.uk/2013/03/the-new-soviet-union-cyprus-shows-how-the-eu-destroys-democracy.html
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2013 - Europe derivatives scandal - International banks sold worthless derivatives to countries such as Italy.
Last year Der Spiegel, a German magazine, obtained official documents which
it said demonstrated that in 1998 Helmut Kohl, then chancellor, decided for
political reasons to ignore warnings from his experts that Italy was believed to
be “dressing” up its accounts and would not meet the Maastricht treaty criteria
for entry, including a budget deficit less than 3 per cent.
Italian officials,
including former finance minister Giulio Tremonti, have said the EU was
aware and approved of Italy’s use of derivatives in the build-up to euro
entry.
Europeans have gladly ceded all their rights and powers to live in a dictatorial
pipe-dream for the past decade, and which has since exploded into the worst
depressionary nightmare the "developed" world has ever known, perhaps all those
20%, 30% and more unemployed should look in the mirror when deciding whom to
blame for their plight.
But don't worry - the Goldmans, the Mario Draghis, the Cannatas, and the
Berlusconis of the world are doing perfectly well, thank you, even as Greek and
Spanish youth unemployment is now in the 60% range. Which is roughly just as one
would expect of every neo-feudal, dictatorial regime.
Read more - http://www.zerohedge.com/news/2013-06-26/italy-embroiled-latest-derivative-loss-fiasco-through-another-mario-draghi-headed-sc
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