Showing posts with label European. Show all posts
Showing posts with label European. Show all posts

June 23, 2010

Good News for Tea Baggers & Anarchists

Who me not posting enough?! True.

Saw the headlines today: "Atlantic Divide: Europe and US Disagree on Continued Simulus Spending."

What's in it for Tea Baggers and anarchists? Tea Baggers want Obama to stop deficit/stimulus spending, and anarchists want to smash the system. Well, Europe is poised to stop stimulus spending and that very well could accelerate the crumbling of the system.

The UK Independent reports:

[German] Chancellor Angela Merkel flatly rejected warnings from President Barack Obama that Europe's attempts to save its way out of the debt crisis could put fragile global economic growth in danger.


Not to get into nerdy economics, but the track record from the US Great Depression and the Japanese malaise of the 1990s indicates that deficit spending to prop up a flagging economy has merit. However, the debate on both sides is a bit moot. Stimulus spending might work, but it would probably just prolong the inevitable.

My judgment is that the US has crossed the Rubicon; the US is now a great power in decline. It has been going that way for decades... Detroit, MI and surrounding area is a stark case-in-point, but books are filled with all sorts of statistics on the decline in manufacturing, jobs, income, etc..

Now, with Europe cutting the spigot of stimulus spending, and putting the screws to the needy in the face of the rich getting richer, the Tea Baggers can say "What's good enough for Europe is good enough for the US," and the anarchists can sit back and smile as the establishment system teeters.

Sources:

The Independent of UK, "Merkel rejects Obama warnings that cuts will damage global recovery," June 23, 2010.

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October 24, 2008

Black Friday



Sources:

Associated Press, World markets slump on recession fears, October 24, 2008.

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August 17, 2008

European Gendarmerie Force: EU Police State

According to a Wikipedia[1] entry:

"The European Gendarmerie Force or EGF was launched by an agreement between five members of the European Union: France, Italy, Spain, Portugal and the Netherlands. Its purpose was the creation of a European intervention force, which would have militarised police (aka a gendarmerie) functions and be specialized in crisis management. More countries will be allowed to join in the future."

Sounds like the Euro-elite know that the party is coming to an end, and they're getting ready for the coming debacle.

"The EGF is based in Vicenza, in northeastern Italy, and has a core of 800-900 members ready to deploy within 30 days. This includes elements from the French Gendarmerie, the Italian Carabinieri, the Portuguese National Republican Guard, the Dutch Royal Marechaussee and the Spanish Civil Guard. An additional 2,300 reinforcements will be available in standby."

Sources:

[1] The powers-that-be have done a good job of undermining the credibility of Wikipedia by seizing on the fact that, true enough, not everything posted to Wikipedia is fact-checked. But isn't it convenient for them to dismiss what otherwise is an excellent starting point for free investigation?

There was a Eurogendfor website: http://www.eurogendfor.eu but it doesn't seem to work at the time I write this post.

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