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
Tag: EURO
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
A Change in Tone
The moment you realise that something is wrong with you is accompanied by the awakening to political hatred.
There were times in German political debate when talk shows spent hours and hours on tin recycling regulations, subsidies for solar power, whether or not a tax rate was to rise 1.2% or to fall 0.78%. The Chancellor Gerhard Schröder called out the evil media, particularly of the media empire Springer, and accused them to launch unfair campaigns against his government. If I remember it correctly that was about the lack of GDP growth (at a level of about 2% that was called recession at the time and is called overheating now).
In other words, we were damn innocent. At least that is how I remember it. Political debate was encouraged and even seen as intellectual.
I don’t want to hide the fray. Schröder botched a welfare reform, called “Hartz IV”, and made everything more beaurocratic and less generous at the same time. Disgruntled voters went to the openly Socialist party DIE LINKE.
Then the contempt started. The secret service Verfassungsschutz surveilled the party, even popular, high-ranking party members. The voters, however, were not bullied by the elites. They were seen as stray kids who would eventually return.
Fast forward to the insolvency of the Greek state and Angela Merkel’s rescue efforts. To cut a long story short, the Greek were not happy about it and the conservatives in Germany were neither. Yet, something changed.
The dissent came from the right. Talks about disentangling both countries’ monetary systems, ‘leaving the EURO’, was willingly conflated with hate against the EU, hating Europe, hate for peace in Europe, wanting war in Europe and much worse.
The only reason you could oppose the wish of the German government with their austerity blackmailing credit transfer ideas for Greece was that, you guess it, you were supposed to be a Nazi.
No other explanation was accepted. The media started a witchhunt against newly founded conservative party AfD. They entertained folks with stories about backbenchers who said stuff if twisted like mad could be put into the mouth of Josef Goebbels.
Mass immigration did not help, either. Stories who tried to smear AfD voters (‘Who are they?’) became legion.
In short we don’t argue about privatisation of government services anymore. All German media is reduced now to telling their audiences who to hate and nothing more.
Goldstein 