Despite the necessity to face an impending food crisis the European Union and the Dutch government have shoved down an anti-agriculture directive which keeps stirring up mass protests and violent altercations in the Netherlands. The German parliament Bundestag has turned down the option to continue nuclear energy. The ECB keeps flooding the place with money, but given the inflation that is going to change. A disorganised brainstorm.
Tag: ECB
Germany Commits to Fight Own Independent Courts to Grant EU Unrestricted Power
On the 2nd December the EU Commission issued a statement on their official website that reports on the assurance of the German government to prevent ultra-vires verdicts of its courts. “Ultra vires” are cases about alleged power overreaches of an institution. The conflict that sparked the utter submission of our legal system under the arbitrary rule of the EU resulted from a struggle between the German Supreme Court and the EU Court of Justice over the rightfulness of the national central bank’s bond-buying activities abroad. I explain the details in the video. The website with the note is this one:
https://ec.europa.eu/commission/presscorner/detail/en/inf_21_6201
The Green Coup d’Etat And The Great Transformation
This week the mandarins of the EU came together to strike a deal on the next generation or however you call bludgeoning the future of the people to come. They call it EUNextGeneration and they tank somewhere between 750 billion EUR and 1.8 trillion EUR mostly for the sake of CO2 reduction. At least when they get away with it.
They call it the ‘Hamilton Moment.’ And indeed this is the nature of the deal which is nothing short of the creation of a nation. But unlike Alexander Hamilton’s vision of a republic, it is not designed to be a free society in which everybody, no matter who he is, can organise a majority for the things that are dear to his heart. The Eurocrats only assume fiscal power to assume power. People are just a pesky disturbance in their brave new world which makes sure your soylent green is both soy and green. Nothing is openly discussed. The citizen is presented with the facts after the facts. I also happened to find out that I have actually got a citizenship I did not even know I had.
Big things are moving fast right now. Merkel already announced a big transformation (great transformation, grand transformation) at her speech at the last international economics summit in Davos. She wants to abolish our way of living that ‘we got used to in the industrial age.’ On a different occasion Christine Lagarde, head of our central bank ECB, said she is willing to buy bonds from environmental corporations. Up to now the ECB adheres to market neutrality and does not privilege one business over the other. But the EU has already compiled a “green list” of financial products from green companies. It is a matter of time until the central bankers will cave and find a market where they can’t see one now. Why this is undermining the currency is explained in the video.
sources:
https://ec.europa.eu/commission/presscorner/detail/en/ip_20_940
https://en.wikisource.org/wiki/Consolidated_version_of_the_Treaty_on_European_Union
https://www.reuters.com/article/us-eu-summit-bonds-graphic/game-changer-how-the-recovery-fund-will-shake-up-eu-bond-markets-idUSKCN24M1ME
Goldstein 